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The Strategic Importance of Global Procurement

Logistics Bureau

Procurement has never played such an important role in the increasingly globalised economy. Has procurement fundamentally changed itself in the past 10 years? Strategic Procurement can mean totally different things in different industries and sectors. The time when Procurement was almost a synonym to Purchasing has long gone.

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7 Core Competencies for Optimizing Global Transportation and Freight Spend

3rdwave

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. In a constantly shifting and competitive global trading environment, it is increasingly important to control all costs across the entire supply chain.

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4 Challenges in Global Transportation Management

3rdwave

There are 4 fundamental areas where global transportation is challenged. Three of these challenges are variants on traditional transportation challenges and the last is relatively new but growing in importance. These challenges are: Information Accessibility – visibility, reporting & analysis, communication.

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This Week in Logistics News (July 6 – 12)

Logistics Viewpoints

For example, the grocer released its first report on corporate social responsibility efforts last year. Lidl also shared that it had identified 11 critical raw materials and committed to setting responsible sourcing targets for each group of items. But the WWF is now the WWE, and this is a different kind of partnership.

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Global Supply Chain Disruptions: Covid-19’s Ripple Effect Continues + 5 Changes Needed for 2022

ToolsGroup

Here, he explains what caused current global supply chain disruptions, and shares the five steps needed to overcome today’s supply chain issues. How We Got Here: Understanding Today’s Global Supply Chain Disruption. Every major publication and news outlet is reporting on the supply chain crisis. Image source: Bloomberg.

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The Business Case for a Global TMS

3rdwave

Demands on the transportation teams are growing as political posturing ramps up causing rapid disruption to global supply chains. A global TMS solution provides an automated and systemic way of addressing the challenges that are the reality for most organizations that source globally. Execution Control.

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7 Core Competencies for Optimizing Global Transportation and Freight Spend

3rdwave

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. In a constantly shifting and competitive global trading environment, it is increasingly important to control all costs across the entire supply chain.