Logistics Bureau

DECEMBER 9, 2020

ARTICLE SUMMARY. For instance, the Chief Procurement Officer will lead the sourcing process, develop the procurement strategy, identify potential suppliers, and manage short and long terms goals. Members of the Sourcing Team are charged with finding out who’s in the market, who can do the work, and at what price.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Procurement Purchasing Skills 98

Logistics Bureau

OCTOBER 11, 2024

The time when Procurement was almost a synonym to Purchasing has long gone. It all depends on an organisation’s maturity in skill, infrastructure and culture. What skill sets are required for the next generation of procurement leaders? Instead, it should be an information exchange virtual platform.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 98

Logistics Bureau

DECEMBER 24, 2024

In this article I will outline, firstly, the reasons why organisations outsource logistics activities, and secondly, what the key drivers are for outsourcing success. Warehousing and distribution management is nota core skill. But what of the balance? Why have they struggled to obtain the results that they were hoping for?

Outsourcing 52

Outsourcing Warehousing Negotiating Skills Purchasing Skills 52

Logistics Viewpoints

JUNE 29, 2023

It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, and mitigate risks. Direct spend can be a significant part of the Cost of Goods Sold for an organization.

Manufacturing Procurement 108

Manufacturing Procurement Procurement Analytics Inventory Reduction Material Savings 108

Shipping and Freight Resource

AUGUST 19, 2021

Mass container shortage has disrupted international supply chains and seen the cost of freight and shipping increase exponentially across all sectors. While it may be easy to blame this single factor for an increase in freight cost, many more factors have contributed to the inflated prices we are currently seeing across the sector.

Purchasing Skills 89

Purchasing Skills Freight Freight forwarding Article 89

3PL Links

JANUARY 8, 2025

Image source: iStocks | The Ultimate Guide to Fleet Management: Strategies to Control and Optimize Your Processes Investing in a fleet management system results in an improvement in internal processes, which directly reflects the quality of the service provided to the end customer. How does a fleet management system work?

Optimal Sourcing 62

Optimal Sourcing Cost Reduction Resource Reduction Expense Reduction 62

Logistics Bureau

MAY 31, 2021

If yours is one of those businesses shifting from traditional to online retail, you’ve probably faced some of the logistical challenges arising from the need to deliver your customers’ purchases to them. Perhaps you haven’t had much opportunity, amid the turmoil, to consider the cost to serve your online customers.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

Conger

MARCH 24, 2025

Deciding between a forklift lease and purchase is a common challenge for warehouse operators, logistics managers, and business owners. Forklifts are crucial for material handling, yet purchasing them outright can be costly. This article delves into the rent vs lease vs buy forklift debate, examining the pros and cons of each option.

Purchasing Skills 52

Purchasing Skills Material Savings Expense Reduction Procurement Solutions 52

Logistics Bureau

AUGUST 2, 2021

Competitiveness of Pricing. The price you pay your vendors for their products is a significant factor in your company’s ability to compete in its market. However, your company probably procures a wide range of indirect supplies, and this is where pricing can impact your competitive advantage. Emergency Purchase Rate.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

Logistics Bureau

NOVEMBER 6, 2023

Recent studies have shown that among the challenges frustrating warehouse and distribution centre managers this year, rising energy and labour costs are two of the most often cited. We hope the tips and ideas in this article will help you make inroads into warehouse energy and labour cost reduction.

Cost Reduction 98

Cost Reduction Purchasing Skills Waste Reduction Material Savings 98

SYSPRO Smarter ERP

JANUARY 12, 2022

With direct and indirect materials making up at least 50% of typical manufacturing costs, the procurement function could be re-imagined so companies can be more responsive to customer demands and more agile when dealing with supply chain challenges. They have a contract with a supplier who delivers on time, and who charges acceptable prices.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Supply Chain Planning Software 105

Logistics Viewpoints

MARCH 3, 2025

He also spoke at the ARC forum in 2023, and this article is based on that presentation as well. These agents can communicate, negotiate, and collaborate to solve complex problems. Then, another application would be purchased, and another, and another. trillion records from 47 data sources in the Cognite platform.

Packing 75

Packing Supply Chain Design Software Negotiating Skills Supply Chain Planning Software 75

Logistics Viewpoints

OCTOBER 12, 2023

This article is from Michael Balint at Solvoyo and looks at the fresh produce supply chain. In a Sept 2022 Deloitte article, they maintain that “perishability is still relevant but now more of a pocketbook issue. Sourcing is not only from traditional farms but also from controlled environment agriculture (e.g.,

Supply Chain Design Software 124

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 124

Logistics Bureau

JANUARY 13, 2025

It’s typically more cost-effective per unit and provides faster transit times since the truck goes directly to its destination. Pricing Structure: Remember those simple shipping options you see when shopping online? Types of Shipments In B2B freight, size really does matter. The likelihood is that you did.

Purchasing Skills 40

Purchasing Skills Negotiating Skills Negotiate Pricing Freight 40

Logistics Viewpoints

JUNE 8, 2023

Technology for All In a retail era dominated by e-commerce giants, customer expectations have shifted towards instant product delivery at no cost. Previously, only large companies such as Amazon and FedEx possessed the network and scale required for cost-effective same-day and next-day shipping.

Modeling Software 109

Modeling Software Optimization Software Supply Chain Design Software Logistics Network Optimization Software 109

Trinity Logistics

MARCH 18, 2025

Things like steel, aluminum, and lumber that have been at the center of these talks are commodities that support manufacturing, and a decline in volume or an increase in the cost of these goods could hamper the manufacturing sector. Another area in the news relates to home purchasing. Stay Up To dAte Looking for a more frequent update?

Manufacturing Procurement 62

Manufacturing Procurement Freight Procurement Analytics Purchasing Skills 62

Ship Monk

JULY 7, 2022

It may sound tempting to force your customers into purchasing in larger quantities, but is it the best way to grow your business? This article will define minimum order quantity, show you some examples, and help you decide if it’s the right strategy for the type of items you sell online. Minimum Order Quantity vs. Pricing Strategy.

Purchasing Skills 98

Purchasing Skills eCommerce Ordering Negotiating Skills 98

Material Handling and Logistics

JANUARY 4, 2019

One of the biggest sources of financial uncertainty in 2019 will be international tariff policy and its impact on product demand. Looking at purchases to make in 2018, Shipley advises companies to " focus on their procurement 'tail spend' — that is, smaller purchases that don’t make it onto a company’s management radar, Shipley advised.

Procurement Solutions 136

Procurement Solutions Modeling Software Optimal Sourcing Purchasing Skills 136

West Coast and California Logistics

OCTOBER 26, 2023

According to an article in Grocery Dive , the priorities of shoppers has changed due to recent price increases related to inflation. New research by Bazaarvoice shows that price is now the main driver in customer purchasing decisions.

Purchasing Skills 62

Purchasing Skills Purchasing Article 62

Logistics Viewpoints

APRIL 6, 2023

Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services. This approach results in inefficiencies, higher costs, and missed opportunities. These costs fall within the “Cost of Goods Sold” components of the company’s financial statement.

Optimal Sourcing 98

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Procurement Analytics 98

Logistics Bureau

JANUARY 3, 2025

Quality and Detail of Data and its Analysis In some of our earlier posts, weve stressed the importance of simplicity in distribution network design , and we will return to that topic later in this article. Transportation options: Costs and lead times for each available transportation mode.

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Design Distribution Networks 75

Logistics Viewpoints

FEBRUARY 2, 2022

One of my predictions within that article is that inflation will hinder supply chain resiliency efforts. My stated logic was that inflation pressures would deter companies from engaging in higher cost efforts such as commissioning new warehouse locations to minimize disruption risks. Inventory Costs and Risks.

Inventory Reduction 135

Inventory Reduction Inventory Cost Reduction Purchasing Skills 135

3PL Links

NOVEMBER 26, 2024

Image source: Pexels | Everything You Should Know About Automation in Fulfillment Logistics Introduction to Automation in Logistics Have you ever thought about how Amazon delivers packages quickly and efficiently? In short, automation in logistics is a major step forward for companies that want to be more efficient and reduce costs.

Supply Chain Software 62

Supply Chain Software Logistics Network Optimization Software Optimization Software Supply Chain Planning Software 62

Logistics Bureau

NOVEMBER 16, 2020

You are not alone, especially as in the time since we first penned this article, one huge and unforeseen event has raised awareness of the global importance of this vital sector—and shown it to be an attractive career choice. You will learn the ins and outs and in time will acquire all sorts of skills. Getting Started in Supply Chain.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 98

Logistics Bureau

DECEMBER 22, 2024

Still, in this article, I will help you evaluate the need for supply chain and logistics KPIs in your organisation, and identify which types of measurement might be most appropriate. Perfect order results can help you assess performance and diagnose issues impacting service, costs, and overall supply chain effectiveness.

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

Logistics Viewpoints

JULY 6, 2022

Michael Burry’s tweet was referencing the CNN article Just keep your returns: Stores weigh paying you not to bring back unwanted items. This statement indicates that Walmart believes that general merchandise sales are being negatively impacted by increased food prices (assumedly without a corresponding amount of money to spend.).

Inventory Reduction 123

Inventory Reduction Inventory Purchasing Skills Optimal Sourcing 123

Logistics Bureau

NOVEMBER 18, 2020

Because there is such a wide spectrum of logistics and supply chain jobs available, it is best to categorise them in the following way: planning, manufacture, sourcing, and delivery. Purchasing Manager. Strategic Sourcing Manager. Purchasing & Inventory Clerk. Production Planner. Warehouse Manager. Quality Manager.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chains Scenario Planning 98

Logistics Bureau

APRIL 4, 2022

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. So how can you be sure you’re getting the best freight rates possible?

Negotiating Skills 96

Negotiating Skills Logistics Network Optimization Software Purchasing Skills Supply Chain Planning Software 96

Logistics Viewpoints

NOVEMBER 16, 2023

This article is from Descartes Systems Group and looks at how companies can reduce lead times with real-time data. Lead time in the supply chain is the total time from when a customer order, or purchase order, is placed and when the goods are received. To read the full article, click HERE. What is lead time?

Inventory Reduction 120

Inventory Reduction Material Savings Vendor Strategies Expense Reduction 120

Logistics Viewpoints

SEPTEMBER 21, 2023

Today’s article comes from Descartes and looks at how EDI can streamline supply chain operations. How does EDI reduce paperwork and associated costs in supply chain operations? EDI eliminates the need for physical documents, such as printed purchase orders and invoices. To read the full article, click HERE.

Supply Chain Software 119

Supply Chain Software Supply Chains Cost Reduction Operations 119

GoShip Blog

JULY 22, 2021

Freight consolidation is one way to save on freight costs and include a ton of other advantages for your shipments such as better security, consistent shipping schedules, and better overall business performance. In this article, we’ll discuss what freight consolidation is and why it’s a great choice for businesses of all sizes.

Inventory Reduction 98

Inventory Reduction Cost Reduction Purchasing Skills Optimal Sourcing 98

Logistics Viewpoints

JANUARY 4, 2023

ARC Advisory Group’s Global Warehouse Automation Research study is now complete and available for purchase. I provided a glimpse of the study content in an article in October that lists the top 20 warehouse automation suppliers , based on ARC’s estimates of 2021 revenues. Growth Inhibitors. Project Cancellations and Delays.

Supply Chain Software 131

Supply Chain Software Automation Supply Chain Planning Software Purchasing Skills 131

Logistics Viewpoints

JANUARY 26, 2021

This means supply chain and logistics professionals need to distinguish between more frequently purchased products and the slower-moving products customers are willing to wait for. To meet customers’ growing expectations for personalized offerings, the typical company’s product lines have grown exponentially.

Supply Chain Software 117

Supply Chain Software Definition Supply Chain Planning Software Supply Chains 117

MTS Logistics

JUNE 26, 2023

This article aims to explore the complex nature of the relationship between inflation and exports, highlighting the potential impacts and mechanisms at play. Inflation can have a direct effect on export pricing dynamics. When inflation is high, production costs tend to increase, including labor, raw materials, and energy expenses.

Expense Reduction 98

Expense Reduction Price Reduction Purchasing Skills Material Savings 98

Logistics Bureau

FEBRUARY 4, 2025

Effective lead time management is a critical factor in securing supply chain efficiency and cost control, since lead time represents the total time required for a product or material to move through the supply chain, as measured from the time of ordering to the time of delivery. What is Lead Time and Why Does it Matter?

Supply Chains 49

Supply Chains Manufacturing Procurement Inventory Reduction Scenario Planning 49

SYSPRO Smarter ERP

OCTOBER 11, 2021

Each day these manufacturers manage complex supply chains , carry out highly precise production, and must negotiate a raft of regulations. Mid-size manufacturers operate mainly in the batch process space and that is what this article focuses on. This can be different as well as for the purchasing (e.g. 500ml or 1-litre bottles).

Manufacturing Procurement 119

Manufacturing Procurement ERP Supply Chain Planning Software Purchasing Skills 119

Trinity Logistics

AUGUST 23, 2024

A few months into 2023, YRC and the Teamsters Union engaged in back-and-forth negotiations. We saw news articles and hit pieces about the conflict, week after week. A company that was in financial disarray was now losing its primary source of revenue. Fast forward to 2023, and that’s where their final chapter began.

Industry 127

Industry Purchasing Skills Negotiating Skills Logistics Network Optimization Software 127