The Logistics of Logistics

DECEMBER 5, 2022

Brad serves as the Senior Director of Customer Strategy at Emerge , the leading freight procurement platform. in Exercise & Wellness from Arizona State University and M.S. Transforming the $800 billion freight industry, Emerge empowers meaningful logistics relationships through its award-winning Freight Procurement Platform.

Supply Chain Network Software 212

Supply Chain Network Software Logistics Network Optimization Software Modeling Software Sourcing Strategies 212

Logistics Viewpoints

JANUARY 13, 2022

However, the rapid shifts that companies are going through given the aforementioned trends, progressive companies are laying a robust data foundation and enabling a digital twin of the physical supply chain so they can conduct Design exercises on demand with increasing frequency.

Supply Chain Design Software 275

Supply Chain Design Software Predictive Analytics Software Supply Chain Planning Software Supply Chain Software 275

ivalua

NOVEMBER 14, 2019

Accurate supplier master data (SMD) is essential for procure-to-pay (P2P) automation, accuracy and analytics, but connecting data to users and systems sometimes gets bumpy. To cover your full master data needs, Procurement should work with all internal stakeholders to map out the supplier lifecycle from end to end. That’s significant.

Optimal Sourcing 113

Optimal Sourcing Optimization Software Modeling Optimization Modeling 113

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. Supplier Lead Time.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

Proxima

MAY 19, 2020

This presents challenges for procurement leaders. Just as the world is having to change, Procurement will need to change too. Remote working is the new normal for procurement teams. Decisions are made without the consultation of Procurement. In the coming months, Procurement will need to help make decisions at pace.

Procurement 105

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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

Talking Logistics

DECEMBER 11, 2014

Simply put, I admit upfront that my supply chain and logistics predictions below are biased and flawed, but I make them anyway because it’s a fun exercise, and also because I hope it generates some thoughtful conversations and ideas. The Google Robot, Your Future Logistics Worker. Number one on his list was “‘Non-Zero’ Supply Chains Win.”

Predictive Analytics Software 258

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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.

S&OP 271

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

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

Logistics Viewpoints

AUGUST 9, 2022

Inbound/procurement teams could view SKUs at facilities with low days of supply, and drill into orders in the yard with low SKUs. Strategy and leadership teams might elect to be alerted to production line disruptions, for example, so they receive details about every impacted order. All aboard. International suppliers, we are talking to you.)

Inventory Management Software 246

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

ivalua

JUNE 29, 2021

Supplier diversity programs are something many procurement professionals in the United States (U.S.) have accepted as a key element of procurement. These programs are as familiar to procurement professionals as concepts like spend analysis or category management. Part I: Building Business Cases and Driving Momentum.

Cost Reduction Strategies 162

Cost Reduction Strategies Supply Chain Strategy Price Mitigation Strategies Strategy 162

Logistics Viewpoints

SEPTEMBER 28, 2021

Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility. Real-time visibility into “static goods” — wherever they may be — is the foundation for managing through volatility.

Rail Software 210

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

ivalua

AUGUST 26, 2021

Combatting poor labour practices must not be treated as a “box-checking exercise”. To make this a reality, procurement must get smarter. The post More than half of European suppliers say procurement teams aren’t enforcing standards for responsible labour appeared first on Ivalua.

Optimal Sourcing 100

Optimal Sourcing Procurement Supply Chain Planning Software France 100

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

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

Supply Chain View from the Field

AUGUST 22, 2013

A recent interview I conducted with a former Chief Procurement Officer who has worked for over 25 years in procurement in various industries captures what I believe is the true opportunity that exists for supply management executives. Marketing and IT see this to some extent, but not like procurement.

Procurement Analytics 68

Procurement Analytics Negotiating Skills Procurement Purchasing Skills 68

Supply Chain Shaman

FEBRUARY 28, 2021

An exercise that I love to do in my training is to ask business leaders to draw data flow in their current decision processes. Procurement Operates On An Island. Business process outsourcing and procurement automation evolved to make the procurement organization more efficient and less effective. The reason?

Supply Chain Planning Software 221

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 221

Proxima

MAY 15, 2020

It’s not a one-off exercise. The post Sustainable procurement: a platform to rebuild appeared first on Proxima. . • Supply chain/ critical supply. Crisis protocol. Grievance mechanism. Risk is also an end-to-end discipline from screening and selection through to lifecycle management. Bigger isn’t always better.

Supply Chain Design Software 94

Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software Sustainability 94

ivalua

JUNE 6, 2019

Managing Director, Art of Procurement. Everything procurement delivers – from savings to risk mitigation to value – is predicated on having access to clean, trustworthy data. He gave a keynote presentation about his company’s procurement and supply chain transformation journey – one that is still underway.

Manufacturing Procurement 100

Manufacturing Procurement Sourcing Strategies Optimal Sourcing Data 100

Supply Chain Game Changer

JANUARY 10, 2019

Article provided to Supply Chain Game Changer by Katalin Brennan at Eyvo E-Procurement. We’ve all heard of the need for Procurement to embrace the Digital Transformation for many years. There are few procurement-specific personality surveys available. So why are so many organizations still in the beginning of this process?

Optimal Sourcing 61

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 61

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

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

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Relocation, coupled with the exploration of plausible options such as reshoring and nearshoring, must be considered in any supply chain network optimization exercise. While simple in theory, relocation may be challenging for firms. Business model strategies. Restructure or pivoting a business.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

Supply Chain Game Changer

MARCH 18, 2021

Procurement teams article and permission to publish here provided by Sam Jenks. Procurement is a function that has long been at cross-roads; dare to transform within people, process & technology, or keep doing what has always worked just fine. Procurement practitioners are hard-wired to avoid risk and secure profit/cost gains.

Eliminating Excel in Purchasing 61

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Supply Chain Game Changer

OCTOBER 15, 2019

Procurement is a core function in every single company. Whether purchasing goods or services to support the company’s product offering or purchasing goods or services to support the infrastructure and operation of the company, Procurement is key. What Exactly is Procurement? What Exactly Is Procurement?

Procurement Solutions 11

Procurement Solutions Purchasing Skills Negotiating Skills Negotiate Pricing 11

Freightos

FEBRUARY 28, 2024

While COVID did see some modal shifts of everything from wheat to Peloton exercise bikes, there are certainly products that are less likely candidates for shifts. Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged.

Los Angeles 156

Los Angeles Negotiating Skills Cost Reduction Strategies Price Reduction 156

QAD

MARCH 5, 2020

The industry can sell pills, fad diets and short-cut exercise programs, but the bottom line is that most people who know will tell you the simple fact is you can’t outwork a bad diet. And all the way through for my hundreds or even thousands of vendors, and even if I have been doing business with vendors for years, I do the exercise.

Vendor Strategies 145

Vendor Strategies Cost Reduction Strategies Waste Reduction Price Reduction 145

Procurement Academy

NOVEMBER 17, 2022

Completing one exercise won’t instantly make you a top scorer, but consistently identifying gaps in performance and working to fill them will. Few footballers would complete a training exercise and consider their job done – yet all too often employees treat training as a tick-box activity. Tie training to objectives.

Buyer Training 96

Buyer Training Purchasing Training Training Price Mitigation Strategies 96

Talking Logistics

JULY 16, 2014

Intelligent procurement. Nicholas shared some ideas on how can companies get over that hump to create their baseline, along with where they can expect to find savings, which he grouped into eight categories: Routing effectiveness. Load building utilization. Mode selection. Use of preferred carriers. Freight payment accuracy.

Optimal Sourcing 150

Optimal Sourcing Network Optimization Supply Chain Network Software Optimization Software 150

HICX Solutions

NOVEMBER 28, 2022

Costas Xyloyiannis, CEO of HICX, discusses how organisations can achieve sustainable procurement with strong supplier partnerships. Starting its life as a corporate social responsibility initiative introduced by the UN, the ESG movement has shifted from being a tick-box exercise to a necessity in many businesses.

Manufacturing Procurement 52

Manufacturing Procurement Sustainability Procurement Germany 52

HICX Solutions

NOVEMBER 28, 2021

Starting its life as a corporate social responsibility initiative introduced by the UN, the ESG movement has shifted from being a tick-box exercise to a necessity in many businesses. By Costas Xyloyiannis, CEO of HICX.

Manufacturing Procurement 52

Manufacturing Procurement Sustainability Procurement Germany 52

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

Procurement Academy

DECEMBER 29, 2020

Learning procurement and supply chain management helps companies streamline their operations and maximize profits. As a result, it leads to more cognitive load, and employees start to lose interest in learning procurement and related concepts. Introducing infographics in the procurement course, for example, can reduce lengthy content.

Resource Reduction 98

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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

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HICX Solutions

JANUARY 2, 2022

Starting its life as a corporate social responsibility initiative introduced by the UN, the ESG movement has shifted from being a tick-box exercise to a necessity in many businesses. So, what can procurement teams do to ensure their organizations are getting the most out of ESG? Read full article.

Sustainability 52

Sustainability Procurement Germany Exercises 52

Supply Chain Shaman

OCTOBER 6, 2013

I do not think that this will happen through the repurposing of indirect procurement networks (e.g., In our training, we try to build it down and combine the research with experiential exercises. We are on the cusp of building effective business networks. There is a strong need for inter-enterprise systems of record.

Supply Chain Network Software 225

Supply Chain Network Software Course Supply and Demand Supply Chain Design Software 225