New Horizon Supply Chain Blog

FEBRUARY 8, 2024

Introduction: Procurement Planning for Distribution-Intensive Businesses Procurement planning is not a widely recognized category of supply chain software, but it should be. This article outlines five key challenges faced by buyers that can be addressed by a new type of procurement planning software, which we call a “buyer’s workbench.”

Procurement Solutions 52

Procurement Solutions Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement 52

Logistics Viewpoints

OCTOBER 17, 2024

Supply Chain Knowledge and Risk Mitigation: Suppliers have a direct impact on direct spend with raw material and transportation costs as two big drivers of operating margins. This means involving procurement in the highest levels of strategic planning and decision-making. Moreover, this solution offers substantial value for suppliers.

Manufacturing Procurement 238

Manufacturing Procurement Supply Chain Planning Software Material Savings Supply Chain Design Software 238

Logistics Viewpoints

DECEMBER 14, 2023

And even before they begin, they must realize these problems are too big for any single team—supply chain must connect with finance and procurement to treat the n-tier suppliers as an extended part of their network and become their preferred customer. For this to happen, finance needs to be in lockstep with procurement.

Supply Chain Design Software 259

Supply Chain Design Software Optimal Sourcing Modeling Supply Chain Planning Software 259

The Logistics of Logistics

DECEMBER 1, 2023

Mark is the Chief Executive Officer off Princeton TMX , a SaaS-based transportation management system (TMS). About Mark McEntire Mark McEntire is the Chief Executive Officer at Princeton TMX, a SaaS-based transportation management system (TMS). Hunt Transport, Inc. in Transportation and Logistics from Arkansas State University.

Optimal Sourcing 219

Optimal Sourcing Supply Chain Planning Software Optimization Software Analytics Software 219

Logistics Viewpoints

OCTOBER 15, 2024

Direct Procurement : Milk is collected directly from farmers at the village level. Milk Processing : After collection, milk is transported to regional processing plants, where it is pasteurized and packaged. This empowers them to have a stake in the business and share profits.

Optimal Sourcing 257

Optimal Sourcing Modeling Supply Chain Optimization Supply Chain Planning Software 257

Supply Chain Matters

AUGUST 9, 2024

Note: values of this index above 50 are indicative of an expansion of overall logistics industry activity levels ) The summary narrative communicated for July 2024 was indications of “ positive movements in the transportation market contrasting with a moderate contraction in inventories and slowing rates of expansion in the warehousing market.”

Negotiating Skills 52

Negotiating Skills Transportation Logistics Network Optimization Software Logistics 52

The Logistics of Logistics

MARCH 4, 2024

About Andy Tomka Andy Tomka is the Vice President of Product at MVMNT, a freight-tech company that build transportation managemt systems (TMS) for SMB freight brokers. Post-college, Andy worked for Menlo Worldwide in their managed transportation group before moving to the startup Echo Global Logistics.

Supply Chain Design Software 208

Supply Chain Design Software Logistics Network Optimization Software Freight Omaha 208

Supply Chain Shaman

MARCH 21, 2024

The Company was attempting to gain economies of scale by grouping manufacturing technologies within a common infrastructure to reap the benefits of a co-generation facility, a centralized warehouse, and a talented administrative team. In my forty years of studying supply chain planning, the groups became larger, but with questionable results.

Inventory Reduction 406

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 406

The Logistics of Logistics

FEBRUARY 11, 2022

Andrew Lynch is President and co-founder of Zipline Logistics , an award-winning North American 3PL that specializes exclusively in the transportation of retail consumer goods. Starting his career in carrier procurement and management within a Fortune 100 logistics company, Lynch has held positions of responsibility in all areas of?third-party?logistics.

Cost Reduction Strategies 209

Cost Reduction Strategies North America Logistics Network Optimization Software Manufacturing Procurement 209

The Logistics of Logistics

JULY 7, 2023

About Supply & Demand Chain Executive Supply & Demand Chain Executive is the only supply chain publication covering the entire global supply chain, focusing on trucking, warehousing, packaging, procurement, risk management, professional development and more.

Logistics Network Optimization Software 235

Logistics Network Optimization Software Food Manufacturing Procurement Supply Chain Software 235

The Logistics of Logistics

DECEMBER 6, 2023

Matt is the Co-founder and CEO of Loop , a modern transportation audit & pay company. About Matt McKinney Matt Mckinney is the Co-founder and CEO of Loop, a modern transportation audit & pay company. We improve transportation spend visibility so companies can control their costs and power profit.

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Logistics Network Optimization Software Logistics Analytics Software Gartner 224

ThroughPut

MARCH 6, 2024

The transportation and logistics industry has witnessed a profound transformation over the past few years, driven by a mix of industry disruptions and emerging innovative technologies. In other words, the need to integrate AI in transportation and logistics is no longer an opportunity but a necessity.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Inventory Reduction Transportation 52

Jaggaer

AUGUST 18, 2020

From early on in the Covid-19 pandemic , and for pretty obvious reasons , procurement in healthcare and pharmaceuticals has been in the spotlight like never before. In fact, the European Fine Chemicals Group (EFCG) estimates that upward of 80% of chemicals used to make drugs sold in Europe now originate from China and India. .

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Pharmaceutical Manufacturing Procurement Procurement Company 98

Supply Chain Matters

FEBRUARY 14, 2024

Supply Chain Matters provides our latest update regarding the Red Sea Transport disruption impacting transport movements to and from European and Asian ports. © Copyright 2024, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. Our prior published update was on January 19 th. All rights reserved.

Transportation 52

Transportation Supply Chain Planning Software Panama Supply Chain Software 52

EC Sourcing Group

JANUARY 4, 2022

Before the Internet, procurement was a tedious process. eSourcing in procurement leads to further procurement optimization. eSourcing in procurement leads to further procurement optimization. Read on to learn about the benefits of procurement software and having a procurement spend analysis dashboard.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Software Analytics Software Optimization Software 52

EC Sourcing Group

JANUARY 4, 2022

Before the Internet, procurement was a tedious process. eSourcing in procurement leads to further procurement optimization. eSourcing in procurement leads to further procurement optimization. Read on to learn about the benefits of procurement software and having a procurement spend analysis dashboard.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Software Analytics Software Optimization Software 52

The Logistics of Logistics

APRIL 26, 2022

Michelle Sodomka, a Senior Director at Open Sky Group. It is one reason experts on logistics are following the autonomous freight truck market and new approaches to freight procurement closely. Open Sky Group is focused on consulting and implementation of Blue Yonder ’s warehouse, labor, and transportation management solutions.

Logistics Network Optimization Software 147

Logistics Network Optimization Software Freight Logistics Predictive Analytics Software 147

The Logistics & Supply Chain Management Society

NOVEMBER 22, 2022

In one example, Crust Group in Singapore provides a Southeast Asian example of a cross industry “circular economy” partnership. The circular economy is a cost saver and generally has less carbon emissions, because raw materials are sourced locally and therefore with less transportation. Sure there is. MORE FROM THIS EDITION.

Manufacturing Procurement 245

Manufacturing Procurement Material Savings Singapore Waste Reduction 245

Supply Chain Game Changer

SEPTEMBER 9, 2020

Digital Procurement article and permission to publish here provided by Katherine Barrios of xeneta.com. The Hackett Group has recently released their analysis of their procurement benchmarking database. It demonstrates the advantages of working with a digital procurement strategy. Important Digital Procurement Trends.

Optimal Sourcing 58

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Procurement 58

Logistics Viewpoints

OCTOBER 2, 2023

FourKites CEO, Matt Elenjickal One of the two leaders in the real-time transportation visibility market is FourKites. ARC Advisory Group did a study on the supply chain collaboration network (SCCN) a couple of years ago. Finally, the transportation asset is attached once the pallets are loaded. That is fast growth.

Real-time Visibility 246

Real-time Visibility Supply Chain Visibility Inventory Reduction Agile and Lean Supply Chain 246

Supply Chain Shaman

APRIL 18, 2023

Yes, we have achieved greater normalcy in transportation. In the face of variability, this is two-to-six weeks too long to make allocation or procurement decisions. Order cycles–the requested time from order to delivery–decreased while supply cycles –the time to procure materials– increased. What is normalcy?

Supply Chain Planning Software 390

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 390

Supply Chain Matters

MAY 20, 2022

As developments regarding industry supply chain disruptions continue unabated, businesses now increasingly face the sting of higher supply chain and transportation driven costs impacting the bottom line. Further, sustainability and transportation efficiency are intrinsically linked for long-term business continuity.

Sourcing Strategies 97

Sourcing Strategies Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software 97

GlobalTranz

SEPTEMBER 17, 2015

At Cerasis we work with our shipper customers who procure items every day and have needs for inbound freight management as they secure those products from their vendors. Increasingly, as we work with procurement folks at these companies, we are hearing that technology for better communication and to create more efficiency.

Optimal Sourcing 120

Optimal Sourcing Procurement Sourcing Strategies Waste Reduction 120

Logistics Viewpoints

AUGUST 22, 2023

Nine years ago, my company FourKites pioneered the market for real-time transportation visibility. We’re currently on the cusp of a big incremental change in the industry’s transformation journey, as the value of real-time supply chain data is increasingly being felt far beyond transportation logistics.

Real-time Visibility 197

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 197

Supply Chain Shaman

FEBRUARY 28, 2021

The high activity levels in the transportation and Retail/Ecommerce sectors mirror consumers’ movement into new channels. Each group—marketing, sales, finance, and supply chain — takes a time-phased snapshot of the river using different models, granularities, and biases. Procurement Operates On An Island.

Supply Chain Planning Software 376

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 376

Logistics Viewpoints

OCTOBER 4, 2024

Maritime Alliance, the group negotiating with for the ports has offered 50% raises over the six-year life of the contract but the union has signaled that it plans on sticking with its initial 77% pay increase over six years.

South Carolina 233

South Carolina Logistics Network Optimization Software Supply Chain Planning Software Logistics 233

Supply Chain Shaman

APRIL 9, 2021

Informational Technology groups reporting to the Chief Financial Officer. The continued focus on functional metrics like Purchase Price Variance (PPV), manufacturing costs, Overall Equipment Efficiency (OEE), and transportation costs throws the supply chain out of balance. Belief in efficient procurement. Mistake #2. Mistake #4.

Supply Chain Planning Software 362

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 362

ivalua

JULY 13, 2022

Procurement Leaders Webinar. Speakers: Arnaud Malardé, Ivalua | Hélène Vermont, Michelin Group. With mounting pressure for organizations to make tangible contributions to Environmental, Social, and Governance (ESG) initiatives, the procurement function must strategize to implement and report their collective efforts.

Procurement Solutions 130

Procurement Solutions Supply Chain Planning Software Optimization Software Optimal Sourcing 130

The Logistics & Supply Chain Management Society

MAY 15, 2023

Shippers, who are responsible for moving goods from one location to another, have traditionally relied on logistics service providers (LSPs) to manage their transportation needs. Be clear on requirements Shippers need to be clear about their transportation needs and requirements.

Negotiating Skills 130

Negotiating Skills Buyer Training Logistics Network Optimization Software Logistics 130

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

As part of the CMA CGM Group, CEVA Logistics has a global reach, which means that we can make a global difference. Photo Credit: Changi Airport Group. We want to support and enrich these local communities through what we do best: logistics and transportation services. The CMA CGM Group aims to achieve carbon neutrality by 2050.

Supply Chain Planning Software 242

Supply Chain Planning Software Resource Reduction Global Supply Chain Software 242

MIT Supply Chain

MARCH 2, 2021

Latin American countries have particular challenges related to truck transport. Identifying key strengths in procurement and management in high-impact countries will support a fast improvement that may boost economic growth in the region. Truck transportation comprises 75% of all freight in Latin America.

Comparison 52

Comparison America Transportation Colombia 52

ShipBob

DECEMBER 28, 2022

Near-sourcing : Placing some operations close to where the products are sold to save time and money typically brought on during the transportation process. What is procurement? This process is known as procurement. Procurement covers everything from placing orders to tracking shipments and auditing deliveries.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Purchasing Skills Material Savings 52

Supply Chain Shaman

SEPTEMBER 28, 2022

In this volatile world, efficient procurement led by a CFO is not the answer. The company needs to focus on the design of flows, building outside-in processes, creating an effective supplier development group, reducing complexity, and driving bi-directional orchestration to a balanced scorecard. What is the issue?

Manufacturing Procurement 195

Manufacturing Procurement Supply Chain Design Software Network Design Software Supply Chain Planning Software 195

QAD

AUGUST 22, 2023

This is a scenario that supply chain, import and procurement professionals are encountering today – and keeping many up at night. CBP has divided the list into four groups: Group 1 The first group are entities located in Xinjiang. How would that impact your ability to serve your customers?

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Software Supply Chain Design Software Procurement Solutions 98

Supply Chain Shaman

JANUARY 25, 2024

My definition of a network is the bi-directional information exchange of manufacturing, procurement, quality, and transportation signals across multiple tiers of trading partners in a many-to-many trading partner information exchange with minimal latency. Less than 1% of companies in this value chain outperform their peer group.

Supply Chain Network Software 275

Supply Chain Network Software Manufacturing Procurement Inventory Reduction Purchasing Skills 275

Supply Chain Shaman

AUGUST 18, 2022

They had never been in the same room to discuss demand holistically from sales teams to procurement. The group felt that the discussion was academic: and not that important. So, I was stuck at the end of the strategy day with time to fill with a client that saw no reason to change. The large food company operated regionally.

Supply and Demand 259

Supply and Demand Demand Planning Software Supply Chain Planning Software Optimal Sourcing 259

Supply Chain Matters

JULY 21, 2023

While transport providers including FedEx , the U.S. Bloomberg has cited an Anderson Economic Group estimate that a UPS strike lasting 10 days or more would impact the U.S. transportation and logistics interests. © Copyright 2023, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

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Negotiating Skills Logistics Network Optimization Software Purchasing Skills Transportation 52