SIPMM Professional Publications

OCTOBER 20, 2019

Sustainable procurement is a spending and investment process typically associated with public policy, although it is equally applicable to the private sector. The post Six Essential Strategies for Sustainable Procurement appeared first on SIPMM INSTITUTE.

Cost Reduction 88

Cost Reduction Procurement Strategy Analysis 88

SYSPRO Smarter ERP

MARCH 2, 2022

To deal with the new challenges in managing and planning the supply chain , the procurement department is one of the functions that should look at changing. It is no longer sufficient for procurement to focus just on supplier costs, placing orders and ensuring goods are received. The situation changes with a larger number of suppliers.

Optimal Sourcing 116

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Software 116

SIPMM Professional Publications

JULY 12, 2019

The strategic sourcing initiatives help organizations to analyze current spend against the marketplace, spend analysis, or benchmarking to identify practical and beneficial […]. The post Essential Sustainable Practices for Procurement of Mineral Products appeared first on SIPMM INSTITUTE.

Procurement 94

Procurement Production Sourcing Analysis 94

247 Customs Broker

OCTOBER 30, 2020

With day-to-day business challenged to the very highest degree, sourcing and procuring in the supply chain is more complicated than ever before. But while some… The post Logistics Manager Analysis: Sourcing and Procurement… Driving Changes appeared first on 24/7 Customs Broker News.

Sourcing Strategies 28

Sourcing Strategies Procurement Sourcing Analysis 28

FreightWaves SONAR

MARCH 15, 2021

This is particularly true for truckload shipping procurement. Read on to see how these innovations can help with truckload shipping procurement. Shipping managers continue to struggle with capacity procurement during this time of industry-wide disruption . Truckload shipping procurement needs to include all legs of the trip.

Optimal Sourcing 72

Optimal Sourcing Procurement Negotiating Skills Capacity 72

CLX Logistics

NOVEMBER 21, 2023

When looking ahead to the future, it’s crucial to reflect on the past year, identify emerging trends, and strengthen strategies for benchmarking and procurement. It’s not just a tool but a strategic partner in improving procurement and benchmarking. Are you choosing carriers that offer the most competitive rates? The outcome?

Optimal Sourcing 66

Optimal Sourcing Manufacturing Procurement Procurement Cost Reduction 66

The Logistics of Logistics

JULY 27, 2022

Mark McEntire is the Senior Vice President of Operations at Emerge , a freight technology firm that is reinventing freight procurement. Transforming the $800 billion trucking industry, Emerge empowers meaningful logistics relationships through its award-winning Freight Procurement Platform. Key Takeaways: The Secret Sauce.

Logistics Network Optimization Software 281

Logistics Network Optimization Software Modeling Software Supply Chain Software Procurement 281

FreightWaves SONAR

DECEMBER 15, 2020

A freight spend analysis can help cut those extra costs. Performing a freight spend analysis reveals extra costs deriving from unforeseen issues. Let’s look at a few best practices and steps to conduct a comprehensive, insightful cost analysis. Know the scope and value of a freight spend analysis.

Analysis 59

Analysis Procurement Analytics Optimization Software Optimal Sourcing 59

247 Customs Broker

NOVEMBER 4, 2019

[og_img] For more than three years, sourcing and procurement teams have had to grapple with the potential implications of the UK withdrawing from the European… The post Logistics Manager Analysis: supply chain and procurement – deal or no deal? appeared first on 24/7 Customs Broker News.

Procurement 28

Procurement Analysis Supply Chains Sourcing 28

Turvo

AUGUST 31, 2021

With all the volatility that still lingers in the modern supply chain, the need for high-quality data analysis, solid procurement planning, good profit margins , and streamlined scheduling systems all remain crucial for shipping and transportation providers. Why Poor Visibility in Grocery Procurement Plans Lead to Big Issues.

Supply Chain Planning Software 59

Supply Chain Planning Software Procurement Solutions Optimal Sourcing Procurement 59

CLX Logistics

NOVEMBER 21, 2023

When looking ahead to the future, it’s crucial to reflect on the past year, identify emerging trends, and strengthen strategies for benchmarking and procurement. It’s not just a tool but a strategic partner in improving procurement and benchmarking. Are you choosing carriers that offer the most competitive rates? The outcome?

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Procurement Cost Reduction 52

FreightWaves SONAR

MARCH 15, 2021

Supply chain professionals responsible for transportation procurement at Fortune 500 companies focus on three things – budget forecast accuracy, service scores and primary tender acceptance. harder to procure capacity at the benchmark rate per mile ) in both the outbound and inbound directions.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

CLX Logistics

SEPTEMBER 10, 2020

One of the most efficient ways to optimize a chemical supply chain logistics strategy from top to bottom is through proper planning, analysis, and smart decision-making in the procurement, bidding, and benchmarking process. Procurement and Bid Management. Advanced Freight Procurement Solutions. Planning and Preparation.

Optimal Sourcing 40

Optimal Sourcing Manufacturing Procurement Procurement Sourcing Strategies 40

The Logistics of Logistics

APRIL 26, 2022

It is one reason experts on logistics are following the autonomous freight truck market and new approaches to freight procurement closely. Michelle Sodomka, a Senior Director in charge of Open Sky Group ’s transportation management practice has 15 years’ experience in risk analysis and mitigation within the logistics industry.

Logistics Network Optimization Software 221

Logistics Network Optimization Software Freight Trucking Supply Chain Planning Software 221

Logistics Viewpoints

MAY 13, 2024

This technology allows businesses to unify their procurement, expense management, invoicing, payments, sourcing, contract management, and spend analysis processes and reporting. Coupa’s BSM platform is based on a public cloud that connects 3500 buyers to ~10 million suppliers. The idea of community was there from the beginning.”

Procurement Solutions 148

Procurement Solutions Modeling Software Procurement Analytics Logistics Network Optimization Software 148

Logistics Business Magazine

OCTOBER 2, 2024

Achieve Supply Chain Excellence’, where industry experts will guide you through mastering the logistics software selection and procurement process. He argues that software and IT procurement is broken right now, with the vendor selection process taking too long. Do you trust them to deliver?

Logistics Network Optimization Software 50

Logistics Network Optimization Software Procurement Solutions Supply Chain Planning Software Supply Chain Software 50

GlobalTranz

OCTOBER 16, 2015

, at Cerasis, we know a thing or two about the nuances of LTL procurement. LTL procurement is something we do very well. So we thought we would impart upon all the shippers out there some tips on how to reduce overall costs for effective LTL Procurement. 10 LTL Procurement Cost Cutting Tips.

Negotiating Skills 90

Negotiating Skills Price Reduction Optimal Sourcing Cost Reduction 90

Transporeon

JANUARY 25, 2018

Even with the e-procurement tool, Amway’s Global Trade Operations group still relied on Excel to consolidate and analyze the data, a time-consuming process requiring hundreds of hours of data manipulation and cleansing. The company began searching for a better way to procure freight and manage bids.

Negotiating Skills 48

Negotiating Skills Manufacturing Procurement Cost Reduction Supply Chain Planning Software 48

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 158

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Optimal Sourcing 158

Transporeon

JUNE 7, 2017

For additional tips, please click the “Transportation procurement tips” tag in the right sidebar. That also means that your procurement and distribution processes must be analyzed and adapted more frequently. By applying such a framework, you may be able consider potential alternatives and propose changes going forward.

Optimal Sourcing 48

Optimal Sourcing Procurement Tips Networks 48

The Logistics of Logistics

AUGUST 28, 2023

Her supply chain and traditional G&A consulting background bring a unique perspective to clients who must work across their organizations to drive supply chain initiatives with Procurement, IT, Operations, and the C-suite. At DAT, she has been instrumental in growing the shipper practice.

Supply Chain Planning Software 363

Supply Chain Planning Software Logistics Network Optimization Software Optimization Software Optimal Sourcing 363

Logistics Viewpoints

JULY 23, 2024

Collaborate across departments: Engage stakeholders from different departments within the organization – not just supply chain management including logistics and procurement but sales, marketing, and finance. Assess the quality, granularity, timeliness, and relevance of each data source to determine its suitability for AI-driven analysis.

Optimal Sourcing 161

Optimal Sourcing Supply Chain Software Supply Chains Data 161

Logistics Viewpoints

DECEMBER 4, 2023

In transportation, digital freight procurement and asset tracking & data mining are in broad use. Around 80% of LSPs and 68% of shippers cited the cost/ROI analysis as the biggest challenge for transportation transformations. These cutting-edge solutions are at a much earlier stage of development.

Modeling Software 155

Modeling Software Optimization Software Logistics Network Optimization Software Optimal Sourcing 155

GlobalTranz

NOVEMBER 28, 2016

Editor's Note: Today's blog is by our great friend, Chuck Intrieri where he gives us a fantastic example of how Procurement and Suppliers can enhance Supplier Relations by navigating the "Battle of the Forms.". The Court conducted a very complicated and thorough analysis in determining which terms and conditions applied and which did not.

Manufacturing Procurement 85

Manufacturing Procurement Negotiate Pricing Optimal Sourcing Procurement 85

Talking Logistics

JUNE 19, 2022

One area where data plays a critical role is in transportation procurement. How does data connect to procurement connect to profitability? One area where data plays a critical role is in transportation procurement. How does data connect to procurement connect to profitability?

Video 94

Video Data Procurement Supply Chains 94

GlobalTranz

NOVEMBER 29, 2016

Editor's Note: Today's blog is the second part of Chuck Intrieri's series on how procurement and suppliers can avoid issues with their contracts. Procurement and suppliers often assume that small print is highly complicated legal jargon that is both boring and largely irrelevant. How to Begin Your Terms.

Procurement Analytics 84

Procurement Analytics Manufacturing Procurement Procurement Document 84

CLX Logistics

MAY 15, 2024

They also recognized the need to look beyond their own data, and wished for experienced input on their procurement strategy. The CLX Logistics Solution CLX Logistics implemented CLX LaneLogix to increase supply chain visibility and enable faster, more optimized bidding, benchmarking, and procurement solutions.

Optimal Sourcing 60

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 60

247 Customs Broker

JULY 15, 2020

Can supply… The post Logistics Manager Analysis: Are fashion supply chains unravelling? With stores closed and consumers in lockdown, e-commerce alone has not been able to relieve the pressure on the high-turnover world of fashion. appeared first on 24/7 Customs Broker News.

Analysis 36

Analysis Supply Chains Logistics Sourcing Strategies 36

3PL Links

APRIL 29, 2024

It will be essential to prepare for and welcome them, particularly in the context of the difficult supply chain and procurement environments. Fulfilling sustainability demands : procurement specialists can lessen the supply chain’s environmental impact with the use of technology. However, technology alone is not sufficient.

Supply Chain Software 48

Supply Chain Software Supply Chains Optimal Sourcing Trends 48

SYSPRO Smarter ERP

OCTOBER 9, 2023

Therefore, companies should have a system to collect and consolidate the data for reporting and analysis. Understanding material costing requires information about procurement activities and how long materials linger in inventory before they are used to generate revenue. This can be used in costing analysis and equipment profitability.

Manufacturing Procurement 111

Manufacturing Procurement Purchasing Skills Cost Reduction Optimal Sourcing 111

247 Customs Broker

JULY 15, 2020

Can supply… The post Logistics Manager Analysis: Are fashion supply chains unravelling? With stores closed and consumers in lockdown, e-commerce alone has not been able to relieve the pressure on the high-turnover world of fashion. – Logistics Manager Magazine appeared first on 24/7 Customs Broker News.

Analysis 36

Analysis Supply Chains Magazine Logistics 36

247 Customs Broker

OCTOBER 2, 2020

Inside you’ll find the latest in depth analysis of Sourcing & Procurement,… The post Logistics Manager Magazine October 2020 appeared first on 24/7 Customs Broker News. The October 2020 issue of Logistics Manager Magazine is now available to read online!

Magazine 69

Magazine Logistics Procurement Analysis 69

Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. I saw how their platform unified finance and procurement activities, but not supply chain. I saw this claim as being more a statement of intention than of fact.

Supply Chain Design Software 136

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 136

247 Customs Broker

MAY 18, 2020

Consumer behaviour has… The post Logistics Manager Analysis: Planning and forecasting…sense and sensitivity? Volatile markets are a challenge to forecast but new developments in demand sensing are enabling a more nuanced approach. Johanna Parsons investigates. appeared first on 24/7 Customs Broker News.

Analysis 36

Analysis Supply Chain Planning Software Scenario Planning Logistics Network Optimization Software 36

Transporeon

NOVEMBER 12, 2017

Procurement meets benchmark The company set out to find a partner with expertise in web-based transportation and logistics. While there are many e-procurement platforms available, Ticontract is a specialized transportation procurement platform built for the needs of the logistics industry.

Manufacturing Procurement 48

Manufacturing Procurement Negotiating Skills Procurement Freight 48

MTS Logistics

OCTOBER 8, 2024

If a career in supply chain management interests you, roles like project management, procurement specialist, or operations manager could offer an exciting and rewarding path. Procurement Specialist: Manages purchasing activities to secure materials and services at the best value.

Supply Chains 93

Supply Chains Optimal Sourcing Scenario Planning Procurement 93

FreightWaves SONAR

APRIL 5, 2021

Among enterprise companies, one critical aspect of successful negotiation and capacity procurement is a better predictive outlook of both spot and contract truckload rates. Tracking market trends within truckload rates relies heavily on data and analysis. The key to avoiding this kind of situation is predictive planning and analysis.

Negotiating Skills 94

Negotiating Skills Data Sourcing Strategies Optimal Sourcing 94