Logistics Viewpoints

AUGUST 9, 2022

For months, retailers have been stockpiling massive amounts of goods to meet surging consumer demand, and compensate for ongoing supply and logistics issues. Inbound/procurement teams could view SKUs at facilities with low days of supply, and drill into orders in the yard with low SKUs. All aboard. He lives in Chicago.

Inventory Management Software 246

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 246

Logistics Viewpoints

SEPTEMBER 28, 2021

There is now a robust and growing market for real time transportation visibility solutions, which help shippers, carriers and the entire ecosystem run more cost-effective and efficient logistics operations. Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility.

Rail Software 210

Rail Software Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 210

Logistics Bureau

AUGUST 2, 2021

On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance. To answer some of those inquiries, we decided to release the following brief overview of what we believe to be the most helpful procurement KPIs.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

Logistics Viewpoints

JULY 22, 2021

Ensuring Sourcing and Supply Chain are tightly integrated ensures avoidance of any surprises that adversely affect customer service and fill rates, by being proactive about launching sourcing events.Beyond addressing these sourcing needs, Procurement needs to have a seat at the table. He received his Ph.D.

S&OP 271

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 271

Logistics Viewpoints

SEPTEMBER 7, 2022

Kevin Nelson, a chief procurement officer and senior vice president at BD, agreed to be interviewed on this topic. But the further up the supply chain BD went, the less incentive suppliers had to participate in these exercises. In the BD supply chain, it is the procurement team that plays a key risk management role.

Supply Chain Visibility 232

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 232

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Feature Article by Dr. Raymon Krishnan – President at the Logistics and Supply Chain Management Society. Relocation, coupled with the exploration of plausible options such as reshoring and nearshoring, must be considered in any supply chain network optimization exercise. Business model strategies. MORE FROM THIS EDITION.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

Freightos

FEBRUARY 28, 2024

Most recently, the recent disruptions in the Red Sea that saw ocean freight rates from China to Europe by over 190% and saw transit times lengthen, sea-air services offered a strategic advantage for logistics professionals able to remain agile, by watching trends and jumping at opportunities to ensure a resilient supply chain.

Los Angeles 156

Los Angeles Negotiating Skills Cost Reduction Strategies Price Reduction 156

SCMDOJO

SEPTEMBER 18, 2023

Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference. So, get ready to elevate your communication skills and gain a deeper understanding of the procurement domain.

Negotiating Skills 105

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 105

The Logistics of Logistics

MARCH 18, 2022

On a personal level, Tom is a dad, lover of sports, and exercise fanatic. With SourceDay’s suite of collaborative products, procurement teams can trace a single part from PO issuance to acknowledgment and final delivery, giving organizations unprecedented visibility into the first mile of their supply chain. About SourceDay.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Software Procurement Solutions Logistics Network Optimization Software 130

SCMDOJO

OCTOBER 8, 2024

It covers concepts in detail but offers very little in terms of practical exercises, real-world case studies, or detailed models. SCMDOJO offers an abundance of case studies, detailed models, and exercises that simulate the challenges professionals face daily. In comparison, SCMDOJO was designed to fill this gap. Click here!

Supply Chain Design Software 90

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Modeling 90

Talking Logistics

JULY 16, 2014

In a past episode of Talking Logistics , Nicholas Carretta, President at UltraShipTMS (a Talking Logistics sponsor), discussed some of the barriers companies face in implementing a transportation management system (TMS), and “building the business case” was one of the main challenges he talked about. Intelligent procurement.

Optimal Sourcing 150

Optimal Sourcing Network Optimization Supply Chain Network Software Optimization Software 150

Precoro

OCTOBER 24, 2022

Procurement is a complex and dynamic process involving strategic planning and several stages of execution, from sourcing to paying and reporting. Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole. Lack of Transparency.

Procurement Solutions 81

Procurement Solutions Procurement Analytics Analytics Software Sourcing Strategies 81

NC State SCRC

FEBRUARY 13, 2023

I am working on a new book focused on the sales and procurement relationship in supply chains with my friend Howard Richman, who has a wealth of experience working for companies like Merck, Citrix, and others. I am publishing a snippet from one of our chapters – to give you a taste for what’s in store!

Optimal Sourcing 83

Optimal Sourcing Procurement Price Reduction Cost Reduction Strategies 83

Talking Logistics

APRIL 6, 2017

Shippers looking to make structural improvements within their logistics operations often immediately turn to more significant changes such as implementing new technology solutions or redesigning their distribution network in order to see the best return. Robinson in Boston where he spent almost 7 years.

Capacity 118

Capacity Price Reduction Sourcing Strategies Cost Reduction Strategies 118

SCMDOJO

OCTOBER 8, 2024

It covers concepts in detail but offers very little in terms of practical exercises, real-world case studies, or detailed models. SCMDOJO offers an abundance of case studies, detailed models, and exercises that simulate the challenges professionals face daily. In comparison, SCMDOJO was designed to fill this gap. Click here!

Supply Chain Design Software 81

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Modeling 81

SCMDOJO

OCTOBER 30, 2024

Conversely, a student who quickly grasps procurement strategies can be challenged with advanced case studies and leadership projects. For example, a student might work on a project that involves analyzing sales data to predict future product demand, thereby learning how to adjust procurement strategies accordingly.

Supply Chain Planning Software 82

Supply Chain Planning Software Analytics Software Forecasting Software Predictive Analytics Software 82

Talking Logistics

JUNE 2, 2016

Today, shippers face increased regulations, unstable market conditions and capacity concerns that make it near impossible for a newly divested company to achieve all of its goals without the expertise and support of a third-party logistics (3PL) provider. Step 2: Leverage a Transitional Service Agreement Wisely.

3PL 100

3PL Optimal Sourcing Modeling Procurement Analytics 100

TMC

SEPTEMBER 19, 2018

Common supply chain challenges that lead to a TMS purchase include procurement and transportation operations living as two separate functions, lack of visibility to freight movement, and limited control of freight from inbound suppliers. Procuring a TMS starts with an investigative process. Final thoughts.

Optimal Sourcing 62

Optimal Sourcing Procurement Solutions Procurement Supply Chain Planning Software 62

Enterra Insights

JUNE 22, 2021

Even the best plans won’t anticipate all contingencies, which is why they should be exercised for insights and shortfalls. Well-run disaster exercises also help prepare everyone involved to deal with the unexpected. The Resilinc team notes, “Bridging information and functional gaps between various departments (e.g.,

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Supply Chain Strategy Modeling 130

Talking Logistics

MAY 22, 2016

Author’s Note: The following is the forward I wrote for a new textbook published by MercuryGate (a Talking Logistics sponsor) on “ Modern Technology for Transportation Optimization ,” which is available for purchase on Amazon.com. The word “optimization” is ubiquitous in the supply chain and logistics industry.

Optimal Sourcing 126

Optimal Sourcing Optimization Software Modeling Supply Chain Optimization 126

SCMDOJO

AUGUST 21, 2023

With 15,900 followers, he has carved a niche for himself by using fitness-related analogies and exercises to explain complex supply chain concepts. These insights guide businesses in forming high-performing procurement teams, thereby fostering a seamless and efficient supply chain network.

Negotiating Skills 98

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 98

Enterra Insights

AUGUST 11, 2022

Make and exercise contingency plans. Even the best plans won’t anticipate all contingencies, which is why they should be exercised for insights and shortfalls. Well-run disaster exercises also help prepare everyone involved to deal with the unexpected. 9] Armed with that information, mitigation strategies can be developed.

Supply Chain Planning Software 130

Supply Chain Planning Software Forecasting Predictive Analytics Software Supply Chain Planning 130

Enterra Insights

JUNE 18, 2019

Cheng-Shorland explains, “Supply chain is driven in large part by the procurement process. Moving any product or service through a supply chain starts with a procurement contract, which initiates the tendering or bidding process via an RFI, RFP or other type of formal request. Talk about a great use case for blockchain!

Manufacturing Procurement 100

Manufacturing Procurement Supply Chain Software Supply Chain Optimal Sourcing 100

Supply Chain Game Changer

OCTOBER 11, 2022

Communication of this kind will prevent any procurement delays. Damage often originates from in-house storage , leading to costly reverse logistics. Your financial models will inform tasks such as procurement and capital needs. Model your results if delays hit logistics. The benefits of this exercise are enormous.

Optimal Sourcing 81

Optimal Sourcing Modeling Supply Chain Optimization Supply Chain Planning Software 81

TMC

SEPTEMBER 19, 2018

Common supply chain challenges that lead to a TMS purchase include procurement and transportation operations living as two separate functions, lack of visibility to freight movement, and limited control of freight from inbound suppliers. Procuring a TMS starts with an investigative process. Final thoughts.

Optimal Sourcing 48

Optimal Sourcing Procurement Solutions Procurement Supply Chain Planning Software 48

TMC

SEPTEMBER 19, 2018

Common supply chain challenges that lead to a TMS purchase include procurement and transportation operations living as two separate functions, lack of visibility to freight movement, and limited control of freight from inbound suppliers. Procuring a TMS starts with an investigative process. Final thoughts.

Optimal Sourcing 48

Optimal Sourcing Procurement Solutions Procurement Supply Chain Planning Software 48

SYSPRO Smarter ERP

AUGUST 22, 2022

The shift from oversupply to the current worldwide shortage has impacted raw materials, inbound logistics, the factory floor, and the outbound warehouse. Investing in technology solutions like ERP is an expensive exercise and by not investing resources into training and education, manufacturers will not obtain the return on investment.

Supply Chain Design Software 105

Supply Chain Design Software Demand Planning Software Manufacturing Procurement Optimization Software 105

Resilinc

MARCH 26, 2024

In a typical scenario, a company reaches out to suppliers and begins talking to logistics and procurement after the typhoon strikes. It triggers a domino effect, disrupting operations, challenging logistics, and posing financial risks to all entities connected in the supply chain web. This is where CommodityWatch AI can help.

Modeling 107

Modeling Supply Chain Risk Management Modeling Software Risk Management 107

Enterra Insights

APRIL 4, 2018

Also, the expanse and coverage of these technologies have multiplied, as enterprises continue to integrate with suppliers, co-packers, manufacturers, warehousing teams, and procurement service providers. ” Cognitive technologies can help those exercises as well as contribute to other areas of risk management.

Risk Management 100

Risk Management Supply Chain Design Software Supply Chain Planning Software Analytics Software 100

Enterra Insights

AUGUST 8, 2024

Rozsa reports that Thomas Goldsby , the Dee & Jimmy Haslam Chair in Logistics at the University of Tennessee’s Haslam College of Business, requires his undergraduate students to select a company and try to map its supply chain. Rising seas and flooding can also adversely affect logistics. Such an activity can be enlightening.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Strategy Supply Chain Software Supply Chain Planning 130

ThroughPut

JUNE 24, 2022

Mounting expectations of supersonic speed and efficiencies between suppliers and business partners of all types further underscores the need for the industry to leverage the prowess of the Artificial Intelligence (AI) in supply chains and logistics. Benefits of AI-Powered Supply Chains. 1) BOLSTERING PLANNING AND SCHEDULING ACTIVITIES.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 98

Material Handling & Logistics

DECEMBER 14, 2018

Today’s supply chains are increasingly complex, driving logistics operations to invest billions in systems to manage all the moving parts. The potential value of that data is huge for logistics and supply chain operations, but it’s also enormously valuable for other business units, including marketing, sales, production, etc.

Optimal Sourcing 111

Optimal Sourcing Supply Chain Software Sourcing Strategies Pharmaceutical 111

Talking Logistics

AUGUST 19, 2015

Author’s Note: I was completely unplugged on vacation last week, so it wasn’t until I returned to the office on Monday that I learned Infor is acquiring GT Nexus (a Talking Logistics sponsor). The exercise, however, provided me with a great list of reminders of what I heard and learned at the conference, which I will share with you today.

Supply Chain Planning Software 100

Supply Chain Planning Software Conference Supply Chain Design Software Supply Chain Network Software 100

JDA software

FEBRUARY 11, 2019

its transportation management and how well it continually procures, plans, executes and monitors freight. Today, a company’s success is largely driven by: its network design and how that company manages its supply, production and distribution locations. Let’s take a closer look at each of these key areas. Network design. Inventory management.

Supply Chain Design 75

Supply Chain Design Optimal Sourcing Inventory Reduction Supply Chain Optimization 75

Supply Chain Movement

OCTOBER 19, 2015

The new, online tool called Supply Chain Satellite provides objective insights into a company’s logistics procurement strategy and hence supports decision-making related to logistics outsourcing. Should you do it yourself or outsource? The first step is to examine the current situation.

Procurement Solutions 60

Procurement Solutions Modeling Software Supply Chain Software Logistics Network Optimization Software 60

NC State SCRC

SEPTEMBER 2, 2021

The team should organize scenario planning, simulations (“table top exercises”), and training. During COVID, many of them established response forums that brought together the commercial, logistics, operations, and procurement executives into daily planning meetings.

Manufacturing Procurement 89

Manufacturing Procurement Scenario Planning Supply Chain Planning Agile and Lean Supply Chain 89

Logility

SEPTEMBER 28, 2022

Designed to repair complex and fractured processes, algorithms can only provide information – it takes a human with logistics expertise to handle any exceptions and provide a quick response to changing circumstances. In short, AI can increase speed and accuracy in number crunching, data handling, and supplier vetting.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimization Software 130