This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Companies leaning heavily on global sourcing? Theyre feeling the heat most, as sudden trade policy curveballs throw procurement plans into chaos. manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy. What Is Agile Procurement? Agile procurement is your lifeline.
Three technologies have emerged as game-changers for third-party logistics (3PL) and supply chain experts: large language models (LLMs), freight optimization platforms and no-code automation. This enables 3PLs to optimize inventory levels, reducing the risk of overstocking or understocking, even in uncertain economic times.
Our first webinar with Oliver Wight discussed common people, process and technology pitfalls that hinder IBP initiatives. Our second webinar delved deeper into the technology aspect, focusing on analytical capabilities and scenario modeling. Let’s explore them briefly in this blog post.
A major general merchandise retailer we work with has delayed all non-perishable inbound freight into Tampa for a week,” Byrne told Sourcing Journal. You have a hurricane in Florida, and freight rates in Seattle are affected three or four days later,” Williford told Sourcing Journal. It stayed, and it’s helping.
How are companies leveraging scenario modeling for network design and optimization ? The good news is many of the survey’s respondents recognize the potential of more advanced optimization solutions. Another use case we see for scenario modeling in the current context is evaluating new sourcing locations. Stay tuned!
What you will learn in this blog: Leveraging Data Analytics For Invaluable Insights Implementing Lean Principles for Waste Reduction Effective Management Of Supply Chain Costs As companies navigate market fluctuations and challenges, effectively managing supply chain expenses becomes pivotal for success.
Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services.
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. By identifying these gaps, you can create sourcing events to close them.
We follow an exhaustive list of supply chain and logistics blogs to make this possible. If you want to start learning, we suggest you check out these top logistics and supply chain blogs. Top Logistics and Supply Chain Blogs We Love. Ship Lilly. China carrier relations and much more. More Than Shipping. Logistics Viewpoints.
Editor’s Note: This blog post is from SupplyChainOpz. As pressure to improve supply chain cost performance increases for many companies, the evaluation and selection of competent suppliers becomes a key concern. One of these trends, in addition to inventory keeping, is dual/multi-sourcing. 2) Connected supply chains.
Editor's Note: Today's blog is by Tom Reddon of National Forklift Exchange. In this blog, Tom shares with us 4 Life hacks for promoting teamwork and improving operations. 4 Hacks to Improve Your Warehouse Operations. Nevertheless, some steps can be taken to improve these very operations. Sources: .
We continue our top blog posts of 2014 from our main categories today by focusing on something at Cerasis we are experts in : Logistics. We’ve already listed the top 10 manufacturing blog posts and the top 10 supply chain blog posts last week. Top 15 Logistics Blog Posts of 2014. Download the Webinar Replay.
a How to Navigate Your Supply Chain During Market Swings Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - November 21, 2023 In the realm of ever-fluctuating food prices, a pragmatic revolution is quietly taking place in the shopping carts of budget-conscious consumers.
It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, and mitigate risks. However, recent disruptions have highlighted the vulnerabilities of these complex networks, resulting in significant financial losses for companies.
Across our many blog posts, videos, webinars, eBooks, and other shared content, you’ll find a wealth of information about various aspects of outsourcing in the supply chain. However, I can’t recall writing a general guide about exploiting outsourcing opportunities to improve your supply chain.
Most people in my division work in capability development or centers of excellence designed to help operations centers improve their performance in logistics, customer service or production. The main reason was that we were trying to manage our investments as optimally as possible. I understand your team took ownership of this model.
We continue our "Most Popular Blog Posts of 2015.So So Far" series today highlighting supply chain blog posts. On the Cerasis blog, our goal is to offer tips, news, best practices, and trends so you, the reader, find a lot of value in our expertise. Most Popular Supply Chain Blog Posts from the Cerasis Blog for 2015 So Far.
A lack of easily accessible info on process improvement initiatives because following up to make sure quality control problems have been remedied involves wading through various file cabinets and spreadsheets. As a result, you can quickly pinpoint the source of problems and template targeted solutions. Immediate improvement.
Editor's Note: Today's is blog is from Nicole Lewis who shows us the steps for smarter logistics planning optimization. However, contemporary business affairs feel an increasing need not only in logistics planning optimization but also in it as a whole procedure. Moreover, the smartness of the latter increases literally daily.
Districon is a consulting company that brings the power of optimization and analytics closer to supply chain processes. What is S&OE and what does it entail to develop a companion app with optimization capabilities? Our recent webinar shared 3 must-haves for companies to improve their S&OE capability.
Common issues include: Lack of data-source integration. The ability to gather and compare data from multiple sources is vital to making real-time decisions. Storage costs increase significantly when you duplicate data across multiple sources. In recent years, the amount of data available to most companies has exploded.
Today, is day two of our annual year-end series highlighting the top blog posts in each of our 5 main categories: Manufacturing , Supply Chain , Logistics , Transportation Management , Freight. There were approximately 220 blog posts in 2017, and over 360,000 page views on those posts alone. Share This: Read More. [e-Book]
Supply chain leaders must be ready to implement big data and leverage it to improve their companies without any delay or inhibition This may sound impossible and frightening, but they must only understand how big always goes back to these two, simple principles of measurement, review, and action. Continuous Improvement is a complex notion.
From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. In other words, the use of AI may help to improve patient outcomes and reduce delays from misdiagnoses or laboratory testing. The State of Supply Chain 2016 Trends.
Editor's Note: Todays blog is from Kristen Palmisano from The Center for Global Enterprise. In this blog, Kristen discusses how revenue growth is tied to digital supply chains. The Center for Global Enterprise releases new research suggesting revenue growth at the hand of improved digital supply chains.
As time passed, procurement gradually gained a larger role in the scope of manufacturing and order fulfillment. By the mid-1950s , procurement had become a commonplace aspect of minor business, and procurement was almost comparable to secretarial work. Why Is Technology Driving Procurement Trends and the Role of Procurement?
We are continuing what will become a tradition of re-evaluating the progress of supply chains throughout the year in relation to our predictions, as explained by this blog post. 2016 marched onward with a drive to improve the use of digital technology throughout the supply chain. Supply Chains Went Digital.
Our first webinar with Oliver Wight discussed common people, process and technology pitfalls that hinder IBP initiatives. Our second webinar delved deeper into the technology aspect, focusing on analytical capabilities and scenario modeling. Let’s explore them briefly in this blog post. ” – Tweet this.
Supply chain executives must evolve from cost and service as the key objectives for optimal demand-supply balancing towards the “quadfecta” of cost, service, resiliency, and sustainability. There may be several nodes that are critical and single sourced thus elevating the risk profile of the supply chain.
collections_bookmark Blog |. Platform keyboard_arrow_down Platform keyboard_arrow_down Platform Power The feature-rich functionality to manage all modes, in all geographies, while optimizing route, rate, and end-to-end processes. 7 Ways Transportation Companies Can Improve Customer Experience. computer Training |. close Close.
How is technology enabling strategic conversations at the order level to happen faster and for the freight department to work seamlessly with procurement on the inbound side and sales on the outbound side to optimize freight shipping ? How do we digitize all the players in the supply chain network?
There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. Don’t expect to plan for every disruption; instead, develop a strategy to overcome supply chain disruption, regardless of the source. Price fluctuations and sourcing issues. Trade disputes and tariffs.
Editor's Note: Today's blog is by Dr. Muddassir Ahmed of muddassirism.com. In this blog he provides a simple reference guide to better yourself as a supply chain leader. Moreover, Supplier Development promotes ongoing improvements that are intended to benefit both your company and supplier(s).It 50% improvement) min.
Glenn Taylor | Sourcing Journal November 02, 2023 In an improving sign for the retail supply chain, the majority of shippers surveyed by third-party logistics (3PL) provider BlueGrace Logistics—64.4 More than 45 percent of respondents said they have a positive sentiment related to their inventory levels, an improvement on the 33.3
Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. Europe and the Mediterranean both dipped about 7% last week and are 15% lower than their late January peaks as conditions improve and demand decreases. Ocean rates from Asia to N. Prices to N.
For digital technology to create significant improvement in business outcomes, businesses need to: Reinvent their supply chain strategy. Employ comprehensive solutions that support the entire source-to-settle process and create value for all parties involved in it. 2016 Supply Chain Trends: The First 7 of 12.
At Cerasis, a core value of ours is continuous improvement for not only our company, our clients, and employees, but through our blog and content to those who are related to what we do (transportation management) in the fields of manufacturing, supply chain, logistics, distribution, and transportation.
Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Join the conversation during our webinar on Thursday or visit us at TPM. It’s time for change. Get Your Custom Report Now!
To understand how omnichannel is going to help retailers improve customer satisfaction, our panelists, Sugandha Rajput, VP Customer Success at Locus and Shinas Majeed , Group GM – E-commerce at Lulu Group International, are featured in this In Focus webinar episode, ‘ Why Omnichannel is the future of Retail in the Middle East. ’.
According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025. Meanwhile, the use of Big Data will empower new fleets and freight optimization and consolidation measures, and the IoT will provide new insights. Globalization Will Become More Important in Everyday Decisions.
Since this trend isn’t likely to change anytime soon, shippers who can contain the cost of shipping by maximizing efficiency and optimization throughout their shipping network will be on firm ground heading into the future. The first step is to collect all the data required to support optimal decision-making within the shipping function.
In the modern era, it can be difficult for shippers to identify the best way to achieve cost savings, reduce risk and ensure optimal use of time in the procurement of transportation. How to procure a full truckload. The Top Logistics Trends that Will Impact Logistics Management in 2018. Download Here.
Along with working with their suppliers and the broader retail consumer packaged goods industry to optimize packaging, 59% of their global private brand packaging was recyclable or reusable in 2020. Walmart Approximately 70% of Walmart U.S. net sales were represented by suppliers who reported to one or more sustainability surveys.
In this blog, we’re taking a closer look at the key elements of logistics in international trade and supply chain management. Tactical optimization. Strategic design involves optimizing your supply chain to achieve the greatest balance possible of service, efficiency, flexibility, transparency, and sustainability.
We organize all of the trending information in your field so you don't have to. Join 84,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content