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Claritum Article - Procurement Blog. Contents. 1. Introduction. 2. Crazy World of Procurement. 3. Automation in this Crazy World. 4. Single or multiple eProcurement platforms? 5. Summary. 6. Further Reading. 1 Introduction. Assessing procurement automation solutions and service providers often includes comparison of features and functions, with weighting being given to those systems that have more features.
When a business finds itself in a declining market, failing to stay in lock step with customer demand poses an existential threat. Trends and other market forces that impact commercial opportunities need to appear on the planning radar. Therefore, traditional push-driven supply chains are wholly unfit for this situation.
Warehouse businesses thrive where there is orderliness. They also do well when employees are safe. Unfortunately, accidents can happen in a matter of seconds leading to injuries and even fatalities. The US Bureau of Labor Statistics reports that there is an average of 16 fatalities yearly in the warehousing and storage industry and an injury.read More.
Procurement leaders are at a pivotal moment. With CPOs playing an increasingly strategic role, it’s time to leverage innovation and technology to drive resilience and efficiency. Download The 2025 Annual ProcureCon CPO Report to uncover key insights to thrive in a dynamic procurement landscape. What’s Inside: How CPOs are driving strategic decision-making and technology adoption The top priorities and challenges for procurement in 2025 Why AI, sustainability, and data analytics are essential for
by Richard Cushing To improve supply chain management and to maximize the return on inventory investment, it’s imperative to understand the supply chain dimensions that help define how your inventory is consumed. To illustrate, this blog will look at bills of material (BOM) and a manufacturing environment, though the same principle applies in scenarios where items are consumed from your supply chain inventories by different customers, distribution centers or even the BOMs that reside outsi
Optimization is a ubiquitous term in the supply chain and logistics industry. We all talk about how we need to optimize our operations. In practice, however, relatively few companies are using optimization technology, particularly in transportation. In the past, a lot of companies believed that they didn’t need optimization, but is that still true today?
Optimization is a ubiquitous term in the supply chain and logistics industry. We all talk about how we need to optimize our operations. In practice, however, relatively few companies are using optimization technology, particularly in transportation. In the past, a lot of companies believed that they didn’t need optimization, but is that still true today?
As markets demand not only efficiency but agility and flexibility from supply chains, next-generation models are successfully combining robotics, automation, and digital technologies to drive superior performance.
Gone are the days when shoppers are left in the dark about the origins of the products they buy. Supply chain transparency is a major competitive advantage at a time when consumers are savvier and more concerned about the provenance of their favorite products. Emerging technologies make it easier than ever for companies to shed.read More. The post Why Supply Chain Transparency Results in Big Business Benefits appeared first on Transportation Management Company | Cerasis.
As we move towards a new decade is the emphasis in the procurement world changing – are we going to see a new age, where the Art of Procurement comes to the fore? Much of our focus in the last twenty years or so within the procurement profession and within our specific procurement functions has been on what we might call the “Science of Procurement”.
As the evolution of retail and the way consumers purchase goods continues to change, meeting the challenge to effectively serve both consumers and retailers is a strategic challenge for both shippers and carriers. Understanding the ever-changing ecommerce landscape that includes new shopping preferences, fast delivery options, and fluctuating fulfillment infrastructure is critical.
Savvy B2B marketers know that a great account-based marketing (ABM) strategy leads to higher ROI and sustainable growth. In this guide, we’ll cover: What makes for a successful ABM strategy? What are the key elements and capabilities of ABM that can make a real difference? How is AI changing workflows and driving functionality? This Martech Intelligence Report on Enterprise Account-Based Marketing examines the state of ABM in 2024 and what to consider when implementing ABM software.
The demand for refrigerated food distribution has changed dramatically over the past several years, in turn adding the complexities of shelf-life, perishability and refrigeration requirements to the logistics of food transportation. With industry sources reporting record high rates for the refrigerated trucking market, as referenced recently by Food Logistics , carriers are looking to capitalize on the strong demand and tight capacity for refrigerated trucks.
Poor data quality and accuracy are two of the most significant risks to omnichannel experiences. Applying the wrong data can result in poor omnichannel experiences and tarnish your brand. Supply chain leaders need to understand this fact and how to avoid risk. Data Inaccuracy Contributes to Poor Omnichannel Experiences According to a recent survey of.read More.
The “U.S. federal government regulation specifying that operators of commercial motor vehicles covered by this law will be required to use electronic logging devices, or ELDs” was first announced by the Federal Motor Carrier Safety Administration (FMCSA) in December 2015 and the first deadline to comply was in December 2017“ Since then, the ELD Mandate […].
“I am playing rugby this semester,” my daughter, a freshman in college, announced a few weeks ago. I don’t know anything about rugby, other than it kinda looks like American football, except it’s played with no helmets and pads, the ball is a bit bigger, and there’s a lot of diving into the end zone. When I visited her in February, I bought her the only piece of equipment she needed: a mouth guard.
Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever
download the audio file. [00:20] Opening / Introduction. [00:36] Tell us a little about your background. I went to the University of Texas and wanted to be a Latin teacher, but then found out how much that paid and decided to get into business and marketing. My first job after graduation was Director of Sales and Marketing with a startup. That company sold and I went on to work in the newspaper industry, selling their online ads.
Blockchain is the flavor of the month in the food business these days. It’s getting a lot of attention thanks to new mandates by Walmart and others – including big players like Unilever, Nestle, Tyson and Dole – to require blockchain tracking of food from source to store. Clearly blockchain in the supply chain is.read More. The post The Growing Need for Blockchain in the Grocery Supply Chain appeared first on Transportation Management Company | Cerasis.
Planners in certain industries such as the consumer-packaged goods (CPG) prefer updating forecasts at an aggregate level but would also sometimes want to lock values at the detail level to prevent disaggregation to a specific combination. How is it done? A planning system is expected to present correct data to the planner at whatever level it is being looked at.
Demand and supply are the most powerful forces in most of our lives. Demand for our products drives up our need to supply them to customers. But as we try to flow more products through the supply chain, what happens when the existing infrastructure can’t keep up with the growing demand? A Shipment Stuck at Port. This conundrum struck me recently as I watched an ocean shipment spend as much time at a port as it did on the water.
The Supplier Relationship Management Playbook is your guide to building effective supplier partnerships that drive supply chain excellence. This playbook equips supply chain professionals with strategies for managing compliance, tracking performance, and fostering collaboration to reduce supply chain risks. Inside, you’ll find: Strategies for Compliance: Best practices to help meet regulatory standards.
The promise and the perils of choosing a multi-enterprise supply chain network We’re almost two decades into the 21st Millennium, The post Multi-Enterprise Network Platforms vs Pseudo Networks appeared first on The Network Effect.
Vince Lombardi, the late, great football coach, once stated, “Perfection is not attainable, but if we chase perfection we can catch excellence.” Logistics professionals could adopt that statement as their motto. Half-a-decade ago, Apptricity analysts wrote, “In the world of supply chain and logistics management, perfection remains an elusive goal.
“3PL Sales Success in 2019 – Crushing Your Sales Goal” was a webinar conducted in late January 2019 by Joe Lynch and Ann Holm. Below is a recording of the webinar along with an outline of the topics covered in the webinar. 3PL Sales Success in 2019 – Crushing Your Sales Goal. The Ultra-Competitive 3PL Market. Shippers Are Taking Charge of the Buying Process.
Tariffs will have a major impact on your supply chain, margins, and operations. Drawing on our work with global companies across manufacturing, automotive, pharmaceuticals, semiconductors, software, technology, financial services, and a range of service industries, we outline the key strategic and tactical actions companies are taking to navigate this period of heightened uncertainty.
Very little has more impact on a company’s success than customer satisfaction. Most people realize that on-time delivery plays a key role in how business’ satisfy customer needs, but customer satisfaction can be an expensive undertaking if the company doesn’t manage all aspects of customer service and the business processes that affect them. True customer satisfaction is a measure of sales, delivery and after sale performance.
Retailers have always been curious about the paths consumers take when they decide something needs to be purchased. Historically, when consumers needed something, they made their way to a bazaar, a marketplace, or a shopping center. When the Internet and World Wide Web introduced consumers to online shopping (aka e-commerce), the path to purchase became much more complex.
The type of forensic techniques that detectives have long deployed to solve crimes can now be used to identify the origin of manufactured goods in the supply chain.
Over the last two years, there’s been a 76 percent increase in AI adoption across sales organizations. The reason for its rise? AI increases teams’ productivity by predicting and automating actions that require manual effort. In other words, the research that takes reps hours, AI can do in seconds. For sales teams, AI opens up a world of new possibilities, including automating outreach, identifying best-fit buyers, and keeping CRMs flush with fresh data.
Twisting and turning, changing directions quickly, the Mississippi River winds down the center of the U.S. through New Orleans and out into the Gulf of Mexico. This can also describe the status of today’s consumer packaged goods (CPG) market. Manufacturers of food, beverage and consumer products are facing challenging times, changing consumers and the need to deliver new products to the marketplace faster than ever before.
ProMat 2019 will offer a showcase of the material handling and logistics solutions that will help you improve every aspect of your supply chain operations.
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