Talking Logistics

JUNE 30, 2015

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. As a strategic process, transportation procurement may still seem very tedious and challenging. Allow carriers some flexibility in bidding.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Procurement Material Savings 100

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. 3. Price Lookup and Comparison. RPA can routinely search for pricing data on specified materials and structure this data in a way that makes conducting comparisons easier.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

Logistics Viewpoints

MARCH 17, 2022

2021 came with a new set of challenges as global and local supply chains were hit by raw materials shortages, accompanied by longer lead times and higher shipping costs, lack of labor, and the pent-up demand actualizing as record-breaking sales. We can say things have changed, and the pandemic is not just an anomaly event after all.

Supply Chain Planning Software 335

Supply Chain Planning Software Forecasting Software Analytics Software Supply Chain Network Software 335

Supply Chain Shaman

DECEMBER 28, 2020

Days of Inventory Comparison. In short, his vision of an end-to-end supply chain was transactional: better processing of order-to-cash and procure-to-pay. Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns.

Supply Chain Planning Software 418

Supply Chain Planning Software Forecasting Forecasting Software Modeling 418

Logistics Viewpoints

NOVEMBER 25, 2024

In 2017, a strategy consultant was hired to do a top-to-bottom assessment of the Boston University procurement program. Randall Moore was hired as the new chief procurement officer in May. Facilities sourcing and construction contracting were centralized in the procurement department. They recommended a change in leadership.

Boston 300

Boston Purchasing Skills Sourcing Strategies Sourcing 300

Supply Chain Game Changer

AUGUST 30, 2022

Many businesses use some form of Total Cost of Ownership model to support their Procurement and sourcing decisions. The normalization of these various factors will result in some “score” for each factor which, when totalled, will give a summary score allowing for the ranking of suppliers for the purpose of comparison.

Optimal Sourcing 103

Optimal Sourcing Purchasing Skills Manufacturing Procurement Negotiating Skills 103

Freightos

JULY 26, 2018

In other words, if your shipping your own goods, you’re competition. Let’s Talk About Boats, Ships, and Trucks. By comparison, that’s almost as large as the15th largest US passenger fleet. That’s not surprising, given that Amazon’s shipping costs grew from $11.5 Amazon’s logistics hiring plans. Amazon Fulfillment.

Logistics Network Optimization Software 198

Logistics Network Optimization Software Data Logistics Supply Chain Planning Software 198

Precoro

MARCH 31, 2025

Think back to the last time your business hit a procurement roadblock. In this guide, we walk you through basic procurement concepts (e.g., Shipping address, method, and delivery date. It's perfect for early discussions or cost comparisons because it doesn't bind either party. Order details. Order number.

Procurement Solutions 45

Procurement Solutions Purchasing Skills Optimal Sourcing Price Reduction 45

Logistics Bureau

APRIL 4, 2022

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. and “what is a reasonable range of rates for our company’s typical shipping scenarios?”.

Benchmarking 96

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 96

Supply Chain Shaman

MARCH 18, 2018

While companies “talk” about collaboration with suppliers, in reality, the procurement organization is doing the opposite due to financial re-engineering placing more responsibility on the role of banks to fund working capital in the value chain. Comparison of Emerson Electric and Schneider Electric for the Period of 2006-2016.

Optimal Sourcing 173

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Optimization 173

GlobalTranz

NOVEMBER 17, 2016

Transportation modes used in procurement and shipping. In other words, consumers can get practically anything they want at a moment’s notice, and more consumers are expressing a willingness to wait for a product a few days if free shipping is a possibility. Increasing order efficiency. Demand forecasts. Demand fluctuations.

Supply Chain Design Software 120

Supply Chain Design Software Big Data Supply Chain Software Continuous Improvement 120

Talking Logistics

FEBRUARY 18, 2015

Financial data and visibility into the costs associated with shipping are critical to improving corporate financial performance. Total cost management is just one part of supply chain visibility, but a very important part based on the financial impact that shipping has on the organization. Fraud detection is another key aspect.

Supply Chain Visibility 100

Supply Chain Visibility Negotiating Skills Optimal Sourcing Supply Chain Optimization 100

GlobalTranz

APRIL 25, 2016

Inventory measurement is critical and it is money after all in that it took a capital expense to procure. In comparison, the poorest-performing companies in the lowest quartile had a range of working capital between 23% and 39% as a percentage of revenues. The goal is to keep inventory levels at a minimum to meet customer needs.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Supply Chain Game Changer

SEPTEMBER 21, 2022

The Supply Chain industry provides vast employment opportunities, from procurement to warehouse inventory, management, and shipping. The terms freight broker and freight agent are often confused in the cargo and shipping sector. Freight brokers and agents contribute significantly to optimizing the shipping process.

Freight 96

Freight Negotiating Skills Purchasing Skills Optimal Sourcing 96

Proxima

AUGUST 25, 2022

The city’s port lost around 45 percent of its trucking capacity this spring as the city ground to a halt, resulting in around 80 percent of vessels being delayed, in comparison to 20 percent two years previously. The threat of sudden lockdowns continues to loom over procurement teams.

Policies 91

Policies Global Manufacturing Procurement Supply Chain Software 91

Arena Solutions

MAY 31, 2020

Though BOMs can include more descriptive information too, for example, the unit of measure or procurement type. The redline BOM view in Arena offers a clear visual comparison of two revisions of a bill of materials. Comparison of manual vs. automated BOM management tools. Comparing Differences between BOMs in Arena PLM.

Supply Chain Design Software 90

Supply Chain Design Software Manufacturing Procurement Procurement Solutions Supply Chain Software 90

QAD

APRIL 5, 2022

In this area, enhancements include: Serialization extends QAD’s current track and trace capabilities, end-to-end from inbound receiving, to production and outbound shipping.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Purchasing Skills 98

Supply Chain View from the Field

APRIL 23, 2013

Being green is all well and good, but in the process, it is also important to get a sense of what is “minimally acceptable” , and what is a “home run”… I recently spoke with a Chief Procurement Officer, who recalled his experiences in driving green manufacturing practices and labor conditions in the semiconductor industry.

Sustainability 68

Sustainability Supply Chain Design Software Supply Chain Design Supply Chain 68

Intelligent Audit

OCTOBER 28, 2021

The increasing pressure of the market, the rising consumer demand, and dwindling supplier deliveries have brought into full view the need for adequate and functional shipping cost allocations. Here’s the reality of the situation and how it adds up to lower total landed shipping spend through management of shipping cost allocations.

Cost Reduction Strategies 52

Cost Reduction Strategies Purchasing Skills Supply Chain Planning Software Optimal Sourcing 52

Proxima

DECEMBER 14, 2023

This has meant that procurement functions remain in the foreground, but how they measure their success in the market is drastically shifting. Price was often the primary lever and measure of success and the determinant of the value procurement brought to the business. The only predictable thing in 2023 has been unpredictability.

Cost Reduction Strategies 59

Cost Reduction Strategies Material Savings Price Reduction Supply and Demand 59

E2open

NOVEMBER 15, 2022

(NYSE: ETWO), the connected supply chain SaaS platform with the largest multi-enterprise network, announces that it has expanded its partnership with Surge Transportation, a digital freight brokerage providing real-time pricing and routing guide optimization for companies that ship goods over the road.

Supply Chain Network Software 78

Supply Chain Network Software Optimization Software Logistics Network Optimization Software Optimal Sourcing 78

Supply Chain Shaman

OCTOBER 8, 2019

Examples include first pass yield, schedule adherence, hands-free orders, orders shipped complete, and minimization of waste. Most can only measure functional costs—transportation, manufacturing, and procurement. Comparison of S&OP Effectiveness for SAP Users Versus the Rest of the Population. #9 4 Maximize Buffers.

Supply Chain Design Software 190

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 190

Supply Chain Game Changer

NOVEMBER 19, 2018

Whatever your Industry you should be able to make comparisons to competitors, do benchmarking, and even compare yourself on key metrics across industries. From the inbound perspective he Supply Chain team typically procures raw materials, expedites their delivery. And the reality is that Supply Chain must be cost-effective.

Negotiating Skills 84

Negotiating Skills Cost Reduction Strategies Purchasing Skills Inventory Reduction 84

ShipBob

JANUARY 8, 2021

B2B orders are often purchased less often, sold in bulk, and shipped via freight (or parcel for smaller orders). Distributors procure goods from suppliers to sell to wholesalers and retailers, and they work closely with manufacturers. Improve shipping times. 3 common types of B2B ecommerce businesses. Distributors.

Inventory Management Software 96

Inventory Management Software Supply Chain Design Software Optimization Software Logistics Network Optimization Software 96

NC State SCRC

AUGUST 31, 2021

COVID has also hit a number of key ports, like the port of Yantian , which is a major outbound port for shipping products to the US. Once a port shuts down, ships and containers back up, and this bottleneck is difficult to catch up with. There aren’t enough workers to unload the ships. Then there are the container issues.

Forecasting 98

Forecasting Manufacturing Procurement Modeling Supply Chain Planning 98

Enterra Insights

MAY 31, 2019

consumers expect orders, with free shipping, to arrive within three days. Most of us still trusted brick-and-mortar stores, we didn’t have price comparison services, and we were at the mercy of large corporations for discounts.”[2] are becoming increasingly demanding. ”[2] What has changed? Footnotes. [1] 6] Paul A.

Price Reduction 100

Price Reduction Cost Reduction Strategies Sourcing Strategies Omnichannel 100

New Horizon Supply Chain Blog

JUNE 18, 2022

For instance, consider a producer of yogurt, ice cream, and other dairy products shipped directly to individual supermarkets using a direct store delivery model. On the other hand, if you are in procurement at the same company and are responsible for buying milk from dairy farms, the item/store/daily forecast is more detail than you need.

Forecasting 52

Forecasting Supply Chain Planning Scenario Planning Supply and Demand 52

My Office Apps

AUGUST 22, 2022

In addition to managing inventory levels within warehouses, some WMS solutions also provide functionality for storing data related to shipments and shipping management—keeping track of where shipments are in transit and providing tracking information about the shipments.

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Procurement Solutions Optimization Software 52

ShipBob

JANUARY 6, 2023

You’ll also get a quick comparison of the top providers to make your search easier. In general, transportation management systems are mostly used by businesses that need to ship and/or receive physical goods on a regular basis. Helps you maintain trade compliance, which minimizes shipping delays and expensive penalties.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Supply Chain Network Software Forecasting Software 52

Intelligent Audit

APRIL 15, 2021

Having intimate knowledge of available supply chain capacity in every shipping mode continues to be paramount for companies to meet consumer demand as economies recover after recessions felt during the global COVID-19 pandemic. Increased surcharges will increase overall shipping costs. Increased Surcharges Will Impact Overall Costs.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Capacity 52

Intelligent Audit

AUGUST 24, 2022

Logistics anomalies can create problems in the shipping process, contributing to issues that affect the business and customers. In addition, we present seven use cases of machine learning detecting anomalies in shipping activity or spend. Anomaly Detection in Freight & Shipping Data. Technology can help.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Negotiating Skills Supply Chain Planning Software 52

EC Sourcing Group

MARCH 12, 2023

It could also be an incorrect purchase order, shipping number, billing address, date, and so on. COST AND PRICING : Organizations typically want the supplier who provides the lowest cost for goods. Identify your data sources that can help identify supplier performance.

Procurement Analytics 52

Procurement Analytics Purchasing Skills Procurement Solutions Supply Chain Planning Software 52

Logistics Bureau

JANUARY 30, 2025

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your ocean freight prices. Indeed, it’s a very straightforward concept.

Benchmarking 40

Benchmarking Negotiating Skills Freight Rail Software 40

Logistics Bureau

MARCH 26, 2018

A typical supply chain has procurement, production, storage, and distribution. By comparison, blockchain can be used piecemeal. True, the most value may still be derived from using blockchain end-to-end, from procurement to customer delivery. For example, suppose shipping charges depend on variables like transit time.

Supply Chain Design Software 71

Supply Chain Design Software Supply Chain Software Supply Chain Network Software Modeling Software 71

RFgen

APRIL 30, 2024

Your Guide to Mobile Inventory Management Systems LEARN MORE » Comparison with Periodic Inventory Systems In contrast to a perpetual inventory system, a periodic inventory system is a methodology in which updates are made in batches. Meanwhile, reliable data helps reduce emergency restocking and expensive last-minute shipping fees.

Inventory Management Software 98

Inventory Management Software Inventory Reduction Supply Chain Planning Software Optimization Software 98

Logistics Bureau

JULY 12, 2017

Inevitably though, a company’s shipping needs change over time and a carrier that once was able to serve those needs adequately, may no longer be able to do so. Significant change in shipping volume or mix (could be growth or decline in sales of certain products). Mergers or acquisitions. Introduction of new products or services.

Negotiating Skills 49

Negotiating Skills Freight Logistics Network Optimization Software Purchasing Skills 49

ThroughPut

APRIL 6, 2020

Managing inventory is one of the most crucial aspects of supply chain optimization as it affects several other parts of your supply chain, including procurement, order fulfilment and production planning. They also get the ability to do a comparison and quickly reconfigure the essential material needed to procure from various suppliers.

Optimal Sourcing 59

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 59