Supply Chain Shaman

NOVEMBER 15, 2021

Maersk, the world’s largest container shipping company, reported its best quarter in 117 years, posting a $5.9B Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Much of the inventory on the ships at sea will miss the essential seasonal windows. We are to blame.”

Supply Chain Design Software 285

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 285

Kinaxis

AUGUST 5, 2014

You have a supply chain risk management strategy in place. A few hours later, your procurement head walks in the office. “We How do you cut through the noise and find data that is relevant? Efficiency programs like lean drove us to reduce suppliers and cut inventory. It’s going to be a crazy, busy day.

Supply Chain Planning Software 267

Supply Chain Planning Software Inventory Reduction Sourcing Strategies Supply Chain Strategy 267

ToolsGroup

OCTOBER 14, 2024

Spare parts supply chains, however, come with their own set of complexities, requiring targeted strategies and specialized tools to meet these unique demands effectively. This optimal inventory positioning leads to increased customer satisfaction, reduced downtime for clients, and improved brand reputation.

Inventory Reduction 156

Inventory Reduction Negotiating Skills Optimal Sourcing Cost Reduction Strategies 156

SCMDOJO

MARCH 8, 2024

In this blog, we’ll explore some key inventory optimization strategies that can benefit businesses of all sizes and industries. Top 5 Inventory Optimization Strategies Explained Managing inventory efficiently is vital for any business. Read more on Optimizing Inventory and Lead Time Management on our website SCMDOJO!

Inventory Reduction 94

Inventory Reduction Optimal Sourcing Cost Reduction Strategies Resource Reduction 94

ivalua

OCTOBER 8, 2021

During the pandemic, Procurement flexed its muscle, helping to mitigate supply chain disruptions and enable new channels for engaging with customers and fulfilling orders. Here are four ways leading Procurement organizations can influence retail recovery in 2021 and beyond: 1. Decentralize Procurement. Rethink What’s Normal.

Optimal Sourcing 130

Optimal Sourcing Material Savings Procurement Analytics Procurement Solutions 130

BlueYonder

AUGUST 20, 2024

Unfortunately, the pressure to meet demand often leads to reactive strategies that can damage brand reputation and bottom line. Retailers must ensure that product information, pricing, inventory levels, and returns processes are consistent across all platforms.

Sourcing Strategies 114

Sourcing Strategies Inventory Reduction Price Reduction Cost Reduction Strategies 114

GlobalTranz

SEPTEMBER 23, 2021

Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing.? Such congestion naturally leads to bottlenecks in planning drayage and eventual increases in the total cost of shipping, not to mention an added strain on trucking as the bottlenecks grow.? According to the?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

GlobalTranz

JUNE 7, 2018

Demand for record-breaking speed of delivery and free shipping are only making the case for greater use of technology in full truckload freight shipping management, and shippers need to understand why. Amazon continues to push its own fleet forward, and the Big Box giants are willing to pay premium prices to get freight to market.

Analytics Software 164

Analytics Software Supply Chain Planning Software Demand Planning Software Logistics Network Optimization Software 164

The Logistics & Supply Chain Management Society

APRIL 26, 2022

With the crisis in Ukraine and sanctions imposed on the Russian Federation, fuel and energy prices are now soaring. The delays are attributed to supply chain issues at every stage – from the time of booking transport to gate in at the port as well as ocean transit time of shipping containers. GLOBAL CRISES DRIVE PRICES SKY-HIGH.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Silvon Software

APRIL 19, 2022

Procurement is one core process area being focused to better manage today’s fluctuating change, with key performance metrics leading the way to assessing and managing procurement performance. The Basics of Procurement KPIs. A decrease in the compliance rate results in an increase in indirect procurement or maverick spending.

Optimal Sourcing 124

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 124

Supply Chain Shaman

FEBRUARY 18, 2021

Re-implement demand planning, trade promotion management, and revenue/price management together to improve the baseline demand signal. Initially, the output was published to procurement to design strategic buying strategies. Procurement became an island–isolated from the demand signal except for MRP. Next Steps.

Supply Chain Planning Software 285

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 285

Supply Chain Matters

JULY 15, 2022

This week, the company announced a reversal in manufacturing and supply chain strategy, as well as a major turnabout. Supply chain strategy, process, talent and enabling technologies each play important roles. Containers of fitness equipment shipped from Asia were delayed by major port and inland logistics disruptions.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

GlobalTranz

OCTOBER 6, 2021

Just a few years ago, many faced repeated price increases of more than 10-15 percent over . Centralized freight management drives efficiency and eliminates the hassle of traditional, chained-to-the-desk management styles. Reducing Reliance on Outdated Systems and Technology . Remote Tendering and Shipment Execution .

Prescriptive Analytics Software 216

Prescriptive Analytics Software Analytics Software Optimal Sourcing Supply Chain Network Software 216

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. At the heart of it all, an effective procurement strategy remains paramount.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

Supply Chain Shaman

AUGUST 12, 2024

.” His narrative centers on the evolution of the global supply chain evolving with a focus on labor arbitration ignoring geographic distance and shipping issues. His belief is that the internet, container shipping, and global banking shrunk the supply chain. He recently wrote a book titled, “How the World Ran Out of Everything.”

Waste Reduction 195

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies 195

The Logistics & Supply Chain Management Society

NOVEMBER 15, 2021

Shipping freight across the world is a complex matter. First of all, for cargo owners, international transport and shipping can be complicated operations involving multiple stakeholders and several suppliers and contacts for a single shipment. It can also be unclear which supplier charged what.

Study 246

Study Forecasting Software Freight Logistics Network Optimization Software 246

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

RPA can automate critical yet repetitive processes, driving increased efficiency, error reduction and faster throughput. This reduces costs, errors, and inefficiencies. Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

Freightos

AUGUST 19, 2024

A Perfect Match for Our Mission At Freightos, our mission has always been to bring international shipping into the 21st century, using digitalization to make it faster, more cost-effective, and more transparent for the organizations that literally move the world. This marriage creates the world’s most comprehensive platform.

Optimal Sourcing 264

Optimal Sourcing Logistics Network Optimization Software Rail Software Supply Chain Network Software 264

Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Procurement in 2021 and beyond.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Logistics Viewpoints

APRIL 7, 2022

While the gas prices spiked in early March and have since come down somewhat, ongoing uncertainty has kept prices above historical norms. Increased shipping lead time: More than 6,000 miles of railroad runs through Russia and connects Eastern China with Western Europe. Europe relies on Russia for around 35% of its natural gas.

Supply Chain Design Software 278

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 278

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Centralized information eliminates data silos and strengthens information sharing through real-time communication (instead of point-to-point data transmission). Use cases include dynamic pricing, product quality testing, dynamic replenishment and staffing and resource decisions. Artificial Intelligence AND Machine Learning.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

Freightos

FEBRUARY 28, 2024

The interesting shift here, though, is that there’s a whole world of alternative shipping routes. The traditional China-Northern Europe route alternative banked on sea freight to Dubai, followed by air shipping to the final European destination. For a full shipping container, that results in a full $3,804 of savings, or a 17% savings.

Los Angeles 156

Los Angeles Negotiating Skills Cost Reduction Strategies Price Reduction 156

Supply Chain Shaman

JANUARY 21, 2014

Let’s start with these: Demand Sensing: The reduction of time to sense purchase and channel takeaway. Demand sensing is a process, automated by technology, that reduces demand latency. Each role–customer service, sales, procurement, manufacturing–have a different need/definition for the demand signal.

Supply and Demand 327

Supply and Demand Modeling Demand Planning Software Forecasting 327

Logistics Viewpoints

AUGUST 5, 2021

I was drawn to Hunter and Amory Lovins, who advocated a strategy pairing energy efficiency with renewables, long before its current popularity. Similarly, UPS has strong commitments to sustainability and invests in many options, such as alternative fuel vehicles, e-cycles in dense cities, and carbon offsets for purchase with shipping.

Supply Chain Planning Software 317

Supply Chain Planning Software Sustainability Material Savings Supply Chain Planning 317

Logistics Viewpoints

MARCH 31, 2022

With gasoline prices reaching record highs , transportation managers must make smarter decisions that minimize road miles and associated costs. The energy crisis in China and the European conflict are bringing additional chaos in the form of production shutdowns, raw material shortages and blocked shipping lanes.

Logistics Network Optimization Software 241

Logistics Network Optimization Software Supply Chain Planning Software Predictive Analytics Software Supply Chain Network Software 241

Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. One day, a product is flying off the shelves, and the next, it’s gathering dust.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 223

SCMDOJO

APRIL 22, 2024

As recent times have shown us, political matters across the world can have an impact on shipping routes, thus affecting the prices of goods all around the world. Consumers dealt with skyrocketing prices and unprecedented shortages. The price of container freight rates surged while the entire world was having to deal with delays.

Inventory Reduction 93

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 93

Logistics Viewpoints

JULY 22, 2021

As shown in the map, the company has 4 distribution centers wherein each location is shipping to several places across the US (for the sake of simplicity we are not showing the manufacturing and sourcing locations here). However, this fundamental assumption was proven wrong in recent times.

S&OP 271

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

Supply Chain Shaman

NOVEMBER 15, 2021

Maersk, the world’s largest container shipping company, reported its best quarter in 117 years, posting a $5.9B Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Much of the inventory on the ships at sea will miss the essential seasonal windows. We are to blame.”

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

Supply Chain Shaman

NOVEMBER 15, 2021

Maersk, the world’s largest container shipping company, reported its best quarter in 117 years, posting a $5.9B Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Much of the inventory on the ships at sea will miss the essential seasonal windows. We are to blame.”

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

GlobalTranz

OCTOBER 2, 2018

According to Roberto Michel of Logistics Management , the biggest challenge in e-commerce logistics revolves around the demand for additional last-mile delivery options and next-day shipping, if not same-day shipping. Going back to reverse logistics, consumers expect a hassle-free, cost-free returns process.

Logistics Network Optimization Software 198

Logistics Network Optimization Software Material Savings Vendor Strategies Cost Reduction Strategies 198

GlobalTranz

SEPTEMBER 12, 2016

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. Although procurement logistics might sound like it involves the purchasing of manufactured products , it is much more involved. The Definition of Procurement Logistics.

Manufacturing Procurement 120

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 120

Ware2Go

JANUARY 7, 2022

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case inventory strategies. . At that time, 31% had raised prices on end consumers to offset the negative impact. What is just-in-time procurement?

Just-in-Time 98

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 98

ToolsGroup

APRIL 1, 2022

How the War in Ukraine is Impacting the Supply Chain and Raw Material Prices. Increased Prices Resulting from Shortages and Supply Chain Issues. Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. In fact, Sherwin Williams cut sales by 3.5% Consultancy UK).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

QAD

MARCH 5, 2020

Business transformation requires strategy , planning, execution and effort. 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. It’s Easy to Mistake a Cost-Cutting Approach for Transformation.

Vendor Strategies 145

Vendor Strategies Cost Reduction Strategies Waste Reduction Price Reduction 145

Logistics Viewpoints

DECEMBER 12, 2022

In September of 2020, the company hired Jeff Baker to be their Vice President of Procurement and Integrated Supply Chain. Mr. Baker spent over 34 years leading procurement teams at The Dow Chemical Company. The two contract manufacturers also store the finished goods and then do the shipping.”. Mr. Morgan said. “So,

Supply Chain Planning Software 228

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Scenario Planning 228

Logistics Viewpoints

MAY 6, 2022

While all of this technology sounds pretty amazing, it should be said that this type of performance comes with a price tag. Empty shipping containers stack up at US port depots. The initiative will eliminate 20 million manual scans daily for UPS employees loading its package cars. The car’s numbers are impressive: 0-60 mph in 1.9

Logistics Network Optimization Software 245

Logistics Network Optimization Software Negotiating Skills Manufacturing Procurement Negotiate Pricing 245