Logistics Viewpoints

JANUARY 12, 2022

Procurement and Supply Chain are Smarter Together – Practical Use Cases ; Dr. Madhav Durbha ( Coupa ). In a previous post , I made a case for how the Chief Supply Chain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. Accordingly Supply Chain and Procurement will need continuous collaboration.

Logistics Network Optimization Software 322

Logistics Network Optimization Software Optimal Sourcing Supply Chain Planning Software Supply Chain Software 322

Supply Chain View from the Field

JULY 9, 2014

A recent article in the Wall Street Journal points to the increasing pressure being felt by financial services, as well as insurance companies. And that’s is where procurement is suddenly playing a role – because nowhere is there more of a need to find savings than in the area of indirect spending in banks.

Optimal Sourcing 100

Optimal Sourcing Cost Reduction Strategies Procurement Expense Reduction 100

ModusLink Corporation

NOVEMBER 30, 2021

The introduction of E-Procurement: Price and availability are not the only factors to be considered in a purchasing decision, especially now that a strong supply chain has become an unmissable element for every company in today’s business climate (Namulo, 2017). Furthermore, e-procurement enables price negotiation and supplier evaluation.

Manufacturing Procurement 78

Manufacturing Procurement Procurement Solutions Optimal Sourcing Negotiating Skills 78

Demand Solutions

MARCH 27, 2020

But what if I told you that establishing supply chain planning and procurement processes also helps your company's culture, would you believe me? Tim was recognized for his exceptional leadership of the supply chain planning and procurement processes teams.

Atlanta 173

Atlanta Supply Chain Planning Supply Chain Software Supply Chain Strategy 173

ivalua

MARCH 27, 2023

E-invoicing Mandate | France 2024 March 27, 2023 | | Procurement Strategy by Steve Carter The biggest change to Accounts Payables since the introduction of double entry journals is about to hit finance departments–but are they prepared? Read More : Under Pressure, Will Procurement Take Performance Higher in 2023?

France 130

France Sourcing Strategies Optimal Sourcing Price Reduction 130

Supply Chain View from the Field

JULY 17, 2015

A new face of procurement is emerging which is recognizing that a new set of value drivers must be developed in the face of massive environmental changes. These topics are emerging in the context of the new view that procurement is about building value for the enterprise.

Optimal Sourcing 60

Optimal Sourcing Sourcing Strategies Negotiating Skills Sourcing 60

Supply Chain View from the Field

NOVEMBER 16, 2013

I recently completed a study of 25 CPO’s, each providing their view of what procurement will look like in 2025. Procurement has a history that is linked in the core concepts of centralization, volume leveraging, and cost reduction. Fearon, “History of Purchasing,” Journal of Purchasing (February 1968): 44. [ii]

Manufacturing Procurement 60

Manufacturing Procurement Procurement Analytics Optimal Sourcing Study 60

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Should supply chain delays occur, companies can more easily identify the source of bottlenecks and take action to improve processes. Procurement: Partnering with cost-effective and reliable vendors is vital for keeping a business running smoothly. of manufacturing companies in the U.S. already use 3D printing in some form.

Supply Chain Planning Software 298

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The Logistics of Logistics

OCTOBER 12, 2012

Chuck has been a sought after speaker (Purchasing Management Association and the University of Wisconsin-Madison, trainer, and has been published in professional journals and general publications. His international and strategic sourcing experience includes both Europe and Asia and has garnered him the respect of peers and suppliers alike.

Manufacturing Procurement 100

Manufacturing Procurement Optimal Sourcing Negotiating Skills Purchasing Skills 100

EC Sourcing Group

JUNE 8, 2021

Sourcing Industry Veteran, Paul Martyn, joins EC Sourcing Group’s Leadership Team. EC Sourcing Group Expands its Leadership Team: Procurement and strategic sourcing technology company, EC Sourcing Group, welcomes industry veteran, Paul Martyn, to its executive leadership team.

EC Sourcing 52

EC Sourcing Optimal Sourcing Manufacturing Procurement Groups 52

Supply Chain Matters

FEBRUARY 28, 2024

Supply Chain Matters highlights concerns raised by automotive industry interests regarding evolving component sourcing among China based suppliers within Mexico. The Wall Street Journal has now reported that BYD has set its sights on Mexico as a likely path for expansion into the North American market.

Mexico 52

Mexico Sourcing Strategies Manufacturing Procurement Sourcing 52

SYSPRO Smarter ERP

DECEMBER 12, 2022

When an accounting transaction occurs, it is first recorded in the accounting system in a journal applying the same double-entry system that Luca Pacioli described more than 500 years ago. This journal updates the general ledger. When a transaction is processed in a sub-ledger, it is automatically allocated a sequential journal number.

Supply Chain Design Software 111

Supply Chain Design Software Predictive Analytics Software Supply Chain Planning Software System 111

Supply Chain Matters

SEPTEMBER 30, 2022

Bloomberg, citing informed sources, reported today that Apple’s senior most procurement executive is leaving the company after a viral TikTok video provided an off-color statement in an attempt of humor. COO Williams is noted as now acting as chief procurement executive until another executive is named to this leadership position.

Procurement 52

Procurement Negotiating Skills Video Sourcing 52

Supply Chain Opz

MAY 1, 2018

Delivering Customer Value through Procurement and Strategic Sourcing Many people don't know that procurement is a part of integrated logistics. In logistics management literature, procurement is also called "Inbound Logistics" or management of incoming materials. Journal of Business Logistics, 38(1), 35-54.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Logistics Material Savings 100

Supply Chain Matters

APRIL 22, 2024

From a supply chain sourcing perspective, a consistent theme in media reporting has been exploration or hints for added Apple supply chain sourcing. Production currently sourced include products such as iPad , AirPod and the Apple Watch. These latest overtures for new sourcing activities can be interpreted in many dimensions.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Sourcing Indonesia 52

Enterra Insights

JUNE 22, 2021

Cassidy ( @WillB_Cassidy ), Senior Editor at The Journal of Commerce , writes, “US shippers and transportation providers need to start preparing now for a potentially destructive 2021 hurricane season along the East and Gulf coasts, according to digital freight marketplace Convoy. 6] Ibid.

Supply Chain Planning Software 130

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

Freightos

AUGUST 26, 2015

So I went straight to the source and asked consultants, trade reporters, Wall Street Journal reporters and others, what their go-to logistics and supply chain sources were. Journal of Commerce (U.S) is one of the industry’s most respected logistics sources. Journal of Commerce (5 a month). joc_updates.

Resource Reduction 120

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Supply Chain Matters

MARCH 7, 2023

based Qualcomm ’s revenues from Vietnamese sourced chip facilities many of which supply other high tech firms such as Samsung, tripled between 2020 and 2022. billion in population will be the linchpin of an alternative sourced Asian supply network. One example indicated was that U.S. The report further indicates that India with 1.4

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement China Sourcing 52

Supply Chain Matters

DECEMBER 13, 2023

Such actions were to include mitigation of risks related to China based sourcing, which is now commonly referred to as a China Plus sourcing strategy. That was followed by a public acknowledgement from CEO Tim Cook that the company’s 60 percent sourcing of various production within the country was too much.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Sourcing Cost Reduction Strategies 52

SCMDOJO

MARCH 25, 2022

Also, traditional logistics focuses its attention on activities such as procurement , distribution, maintenance, and inventory management. However, topics such as logistics, logistics, physical sourcing and supply chain management are not included in these courses. The 1950s – The Transportation Era. . Neil Southern, 2011).

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Talking Logistics

FEBRUARY 22, 2013

CombineNet and Transplace Extend Partnership in Delivering Advanced Transportation Procurement Solution to North America. EU Energy Chief Sees Hurdles to Carbon Overhaul ( Wall Street Journal ). FedEx Helps Small Businesses Streamline Shipping with fedex.com Integration Manager.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Manufacturing Procurement Supply Chain Design Software 100

Talking Logistics

FEBRUARY 29, 2016

As reported in the Wall Street Journal earlier this month, “ freight truck orders plummeted 48% in January ,” according to data from ACT Research. Other data sources, however, suggest the market is in good balance. Talking Logistics episodes related to transportation procurement: What Are Other Shippers Doing?

Optimal Sourcing 80

Optimal Sourcing Price Reduction Inventory Reduction Cost Reduction Strategies 80

Supply Chain Matters

JULY 18, 2023

Supply Chain Matters highlights a published report indicating that PC maker Hewlett Packard is modifying supply sourcing akin to China Plus and nearshoring sourcing actions. That would include alternatives to China under the umbrella of either China Plus or de-risking sourcing changes. We pointed out that in 2022, more U.S.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Manufacturing Procurement Supply Chain Strategy 52

Jaggaer

SEPTEMBER 18, 2024

Navigating ESG, Supply Chain Risks & Polycrisis Procurement and supply chain executives face a complex landscape of polycrisis : resource scarcity, disruptions resulting from geopolitical tensions and climate change, rising ESG due diligence and reporting requirements, and looming corporate net zero commitments.

Optimal Sourcing 52

Optimal Sourcing Sustainability Procurement Sourcing Strategies 52

Supply Chain Matters

MARCH 4, 2024

Reports of Talks to Acquire Spirit AeroSystems Likely the most significant added development occurred late last week with reporting by The Wall Street Journal (Paid subscription) and other financial media that Boeing is in talks to acquire major aircraft fuselage component supplier Spirit AeroSystems. All rights reserved.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Optimal Sourcing Sourcing 52

Talking Logistics

NOVEMBER 2, 2017

Is it possible these things have impacted the sourcing, manufacturing, and delivery of my cologne? These disruptions from external risk factors can launch contingency plans that may include alternate sources of supply, different modes of transport and routes, or different fulfillment centers to send me my cologne.

Supply Chain Planning Software 118

Supply Chain Planning Software Supply Chain Network Software Supply Chain Software Predictive Analytics Software 118

Supply Chain View from the Field

NOVEMBER 20, 2014

Today’s breaking Wall Street Journal article provides a great case study on the impacts of not proprerly managing contractual supplier relationships. In terms of a procurement strategy, everything looked copacetic and had fallen into place. First consider the type of supply arrangement this represented. billion in market value.

Examples 118

Examples Manufacturing Procurement Price Reduction Cost Reduction Strategies 118

Resilinc

JANUARY 31, 2024

Diversify your supplier base Single sourcing presents a huge risk for companies in all industries, especially as geopolitical disruptions are on the rise. Focus on materials critical to your highest revenue products Procurement and supply chain managers need to adopt a new mindset for building more resilient supply chains.

Supply Chain Risk Management 104

Supply Chain Risk Management Supply Chain Planning Software Risk Management Material Savings 104

Enterra Insights

AUGUST 8, 2024

Inevitably, these will interrupt production, increase sourcing costs, and cut into corporate revenue.”[1] ”[3] Too few companies map their supply chains all the way to where their raw materials are sourced. mechanisms such as mandatory due diligence on adaptation and incentivized public procurement). 7] They are: 1.

Supply Chain Planning Software 130

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

ToolsGroup

OCTOBER 20, 2015

Source: Supply Chain Digest. Source: Lennox. Costa’s new demand and replenishment planning system takes point-of-sale data from Costa’s unmanned coffee stations to forecast demand, optimize inventory, and generate nightly replenishment proposals for distribution and procurement. They fly in formation.”.

Supply Chain Planning Software 120

Supply Chain Planning Software Inventory Reduction Optimal Sourcing Supply Chain Software 120

Supply Chain Opz

APRIL 1, 2018

The Supply Chain Revolution: Innovative Sourcing and Logistics for a Fiercely Competitive World Pros: This book will show you how to plan and execute procurement and sourcing strategy like the world's leading companies. Journal of Business Logistics, 38(1), 35-54. #The links below are paid links. Our Rating: 4.9

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Material Savings Inventory Reduction 100

Talking Logistics

FEBRUARY 9, 2017

As reported last month by Jennifer Smith in the Wall Street Journal , “A growing number of retailers are relying on suppliers to ship online orders directly to customers, a strategy they hope will help them compete with e-commerce rivals without spending more on inventory. Source: RevCascade website. Wal-Mart Stores Inc.

Supply Chain Network Software 150

Supply Chain Network Software Supply Chain Planning Software Shipping Supply Chain Software 150

Arkieva

JULY 25, 2016

Source: Multichannel Merchant. Source: Supply Chain Digest. Journal of Supply Chain Management Analyzes the Correlation Between Product Categories, Order Procurement and Fulfilment, and Its Effect on Repurchase Intention in Ecommerce. Source: Journal of Supply Chain Management. Source: Arkieva Blog.

Supply Chain Planning Software 60

Supply Chain Planning Software Manufacturing Procurement Procurement Solutions Supply Chain Software 60

Supply Chain Opz

JANUARY 22, 2016

Christopher Tang, Distinguished Professor, UCLA Anderson School and Editor-in-Chief of the INFORMS journal Manufacturing and Service Operations Management (M&SOM) As supply chains become more complex, companies find their supply chains more vulnerable to both foreseeable uncertainty risks and unforeseeable disruption risks. Transparency!

Sourcing Strategies 120

Sourcing Strategies Vendor Strategies Cost Reduction Strategies Supply Chain Strategy 120

Supply Chain Matters

MAY 31, 2022

Last week both Bloomberg and The Wall Street Journal reported the departure of yet another senior manufacturing executive at Rivian Automotive as well as an overall reorganization. The Wall Street Journal reported that Tim Fallon, the existing Vice President of Manufacturing will remain in that role. . Rivian Automotive.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Procurement Solutions North America 52

Enterra Insights

AUGUST 15, 2023

. … AI and big data analytics can enhance transparency and traceability in the supply chain, providing retailers with greater visibility into the origins of their products, and ensuring ethical and sustainable sourcing practices.” ” • Enhancing Supply Chain Management. 6] Jeffrey J.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Optimization 130

GlobalTranz

JANUARY 4, 2016

Employ comprehensive solutions that support the entire source-to-settle process and create value for all parties involved in it. 2016 Supply Chain Trend #6: Procurement’s New (read Bigger) Role in the Supply Chain. The Journal notes that UTC plans a $1.5 Start today by re-imagining your supply chain.

Supply Chain Design Software 120

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