Logistics Viewpoints

APRIL 6, 2023

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.

Optimal Sourcing 98

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Procurement Analytics 98

GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. Of course, the human controlling capacity for actual AI is still far from realistic, but the concept of a superior AI did make strides this year. Artificial Intelligence.

Manufacturing Procurement 65

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 65

Logistics Viewpoints

FEBRUARY 24, 2025

Business cycles are compressing and the need to make course corrections is exploding. That supply planning application needs to be integrated into an array of internal systems ERP, transportation management, warehouse management, procurement, and other applications.

Supply Chain Planning Software 117

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Scenario Planning 117

Freightos

AUGUST 19, 2024

Together, we can offer a complete solution that covers the digital procurement of both spot and contract freight services, across air, ocean, road, and rail. We estimate that tenders account for some 50%-70% of freight procured, at the lower end for air, at the higher end for ocean.

Optimal Sourcing 109

Optimal Sourcing Logistics Network Optimization Software Optimization Software Procurement 109

Logistics Bureau

NOVEMBER 26, 2024

Where the existing in-house operation is very inefficient, inappropriately resourced or could gain significantly from being incorporated into a larger operation, then of course savings may be possible. The reverse is also true of course. The primary benefit of warehouse outsourcing should probably be thought of as gaining flexibility.

3PL 98

3PL Negotiating Skills Outsourcing Price Reduction 98

Material Handling and Logistics

JANUARY 4, 2019

“I am especially interested in companies focusing on the 'citizen developer,' a term used to describe how software development impacts the entire organization — marketing, sales, finance, and of course engineering,” MIT Sloan lecturer Lou Shipley said. Where to Put Your Money. Retail Workforce.

Procurement Solutions 136

Procurement Solutions Modeling Software Optimal Sourcing Purchasing Skills 136

Logistics Viewpoints

OCTOBER 20, 2022

The frequency of RFP events is only one area that can be improved as shippers look for a better way to manage freight procurement processes. Some items on a shipper’s “Wish List” for freight procurement are flexibility, visibility, and efficiency. Efficiency in freight procurement allows companies to engage in other value-added work.

Optimal Sourcing 105

Optimal Sourcing Freight Procurement Logistics Network Optimization Software 105

SIPMM Professional Publications

JULY 19, 2019

We may not have flying cars just yet, but Singapore is right on top of technological boom, of course, with robots and electronics taking over tasks like taking orders and serving food. It is 2019, and we are not too far off from experiencing a wacky robotic future predicted by Back to The Future. Futuristic […].

Industry 146

Industry Course Ordering Procurement 146

GlobalTranz

JANUARY 18, 2017

Let’s take another look at how procurement, computing power, industry 4.0, cyber security, advanced robotics and automation became top priorities for research, development, and implementation throughout the past year’s operations in the manufacturing industry. . Procurement Operations Became Decentralized and Adaptable.

Manufacturing Procurement 58

Manufacturing Procurement Supply Chain Software Optimal Sourcing Procurement 58

Logistics Viewpoints

OCTOBER 10, 2022

in turn, is a boutique procurement consultancy. Professionals from procurement, compliance, logistics, sustainability, information-security and several other internal stakeholder all use the solution for different reasons. This intermediate step is more related to Procurement and supply chain transparency. Any final thoughts?

Supply Chain Planning Software 119

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 119

FreightWaves SONAR

APRIL 13, 2021

With the proper use of data and freight analytics , contract procurement and securing capacity can be enhanced. Lacking data promotes trouble in annual contract capacity procurement during times of volatility. Together, it promotes continued route optimization and use of strategic transportation procurement practices.

Negotiating Skills 97

Negotiating Skills Optimal Sourcing Sourcing Strategies Data 97

Logistics Viewpoints

APRIL 19, 2023

In order to achieve this, demand planning, inventory planning, supply planning via procurement and/or production planning, along with fulfilment/allocation and even transportation planning need to be integrated. DC procurement is also automated by aggregating the needs of the MFCs. So how do companies achieve autonomous planning?

Supply Chain Planning Software 119

Supply Chain Planning Software Optimal Sourcing Scenario Planning Manufacturing Procurement 119

Logistics Viewpoints

OCTOBER 3, 2022

Labor management systems break the work down into very granular activities, set targets for doing those tasks in an allotted period of time, and measure how workers do against the time standards over the course of the day. And many are adding supplier risk management duties to the sourcing tasks performed by their procurement managers.

Supply Chain Software 138

Supply Chain Software Supply Chains Sourcing Strategies Optimal Sourcing 138

Parade

MARCH 3, 2021

Freight brokers and 3PLs are exposed to risks on both the buy and sell sides: Depending on the supply chain, the process can involve multiple intermediaries: shipping lines, trucking companies, and charter companies, in addition to insurance firms and, of course, the customer who winds up receiving the goods.

Supply Chain Software 148

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 148

Shipping and Freight Resource

MARCH 10, 2020

A typical shipping line or shipping agency office have various departments such as planning, marketing, sales, container department , vessel operations, documentation, finance, administration, procurement etc. Procure good quality at reasonable rates. Unavailability of certain products domestically. Comparative Advantage.

Maritime 134

Maritime Supply Chain Planning Software Supply Chains Manufacturing Procurement 134

Stord

JULY 7, 2019

I was first introduced to the complex world of logistics and supply chain in one of my freshman courses at the University of Pennsylvania. Helping to compile a database of warehouses to speed up the procurement process with Network Services. Why did you choose to intern at STORD? What has been your favorite project to work on?

Operations 78

Operations Optimal Sourcing Inventory Procurement 78

Logistics Bureau

APRIL 18, 2019

Of course the same is true in many professions, but is particularly so in the arena of supply chain and logistics. The objective of a capacity planner is to optimize manufacturing or production capacity through process, design, resource procurement, and collaboration with supply chain partners. Procurement Manager/Specialist.

Manufacturing Procurement 89

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 89

Logistics Bureau

APRIL 4, 2022

The answer is to benchmark your freight, of course. Alternatively, you can procure access to a digital freight benchmarking platform. The Pros and Cons of Procuring a Benchmarking Tool. You’ll also need to procure the most suitable platform for your freight benchmarking needs. That’s the first question to ask.

Negotiating Skills 96

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

Kanban Logistics

AUGUST 13, 2020

This includes the procurement and delivery of the parts used to build the finished product. Third-party procurement. Right now, your buyers probably spend a good percentage of their time negotiating with, and procuring goods from, makers of boxes, nuts, bolts, and other consumable parts and materials. What is inbound logistics?

Manufacturing Procurement 98

Manufacturing Procurement Inbound 3PL Material Savings 98

Logistics Bureau

APRIL 3, 2023

But, of course, what those circumstances are is for you to decide. Through collaboration with your procurement partner, you can reduce inventory levels and then potentially downsize your warehouse capacity needs. Without further ado, then, let’s move on so I can fulfil the promise above.

Outsourcing 98

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 98

Ship Monk

APRIL 5, 2024

The fact is, most business owners think of procurement as nothing more than a transactional relationship. Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. Establish KPIs that hold both your suppliers and your procurement team accountable. Was it the last time you placed an order?

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 105

FreightWaves SONAR

MARCH 30, 2021

Shipment volume, capacity procurement and weight limits. The right routing guide should further provide a way to apply predictive freight rates and boost procurement throughout the supply chain as necessary. Of course, it’s also beneficial to have additional ways to use technology .

Logistics Network Optimization Software 90

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Compliance 90

Logistics Bureau

JANUARY 7, 2020

Of course, it is helpful to have some statistics on hand to validate the statement above. This formula has enabled Whirlpool to endure and thrive in the 13 years since it set out to build an adaptive supply chain, but of course, the work never ends. Procurement costs. Ethical Procurement and Corporate Responsibility.

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 111

Freightos

SEPTEMBER 14, 2022

Including, of course by leveraging global freight tech for BCOs. Changing Trends in BCO Air Cargo Procurement. This shaped the way BCOs approached 2022 and will likely continue to see supply chain; a new drive to ensure global freight shipping reliability at all costs. Signup Now.

Webinar 62

Webinar Procurement Supply Chains Logistics 62

Logistics Viewpoints

AUGUST 22, 2023

That’s when you can course correct in any number of ways that make your business more efficient and your customers happier. Some examples: Procurement and Co-manufacturing : What is the impact of inbound transportation issues on materials? In other words, visibility is an enabler. Why is this shift such a big deal?

Supply Chain Planning Software 98

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

Material Handling and Logistics

MAY 22, 2018

Instead of trying to cut costs silo by silo, these companies take an integrated view of operations (product design, procurement, manufacturing, supply chain management). Of course, some design issues are strategic and take longer to implement, but many offer quick efficiency improvements. Procurement: Buy Better, Spend Better.

Supply Chain Design Software 60

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 60

Logistics Viewpoints

FEBRUARY 28, 2022

In the course of updating our annual research on the supply chain planning market , I talked to executives across the industry. These “events” are turned into supplier scores, and if significant the score goes flagged in the Oracle procurement system. Now Oracle is working to connect these scores to the planning systems.

Supply Chain Planning Software 141

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 141

GlobalTranz

APRIL 30, 2015

” In the process of business procurement and especially in the supply chain, supplier risk management is a skill set that needs focus day in and day out. Top carriers will have dedicated classroom space, a well thought-out training course, and experienced instructors.

Buyer Training 93

Buyer Training Training Security Logistics Network Optimization Software 93

Logistics Bureau

DECEMBER 6, 2024

Indeed, gamification is becoming an increasingly popular feature across the entire supply chain, from procurement to last-mile delivery. Of course, gamification can only be used in processes requiring human input, since it drives performance by way of motivation.

Supply Chain Design Software 73

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 73

10xLogistics

MARCH 18, 2013

And, of course, the latter is not good for the transportation industry as a whole. While it may be good for those in the procurement roles trying to get capacity I think everyone would say they would rather have a robust economy. Of course this data is for January and much has happened since then.

Inventory 54

Inventory Picking Course Procurement 54

Logistics Bureau

JANUARY 25, 2017

The variety of functions involved – product design, procurement, warehousing, production, transport, distribution, sales, for instance – encourages demand for new employees and multiplies possibilities for moving around inside too. Of course, generally, you should not expect to get more out of networking than what you put into it.

Negotiating Skills 75

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

GlobalTranz

NOVEMBER 16, 2016

For example, supply procurement, manufacturing processes and warehousing information should be the first considerations. Automated notifications via TMS or other connected platforms when an error occurs can also help to reduce inconsistencies or errors throughout the course of work. Bluetooth-connected sensors. Hand-held scanners.

Resource Reduction 91

Resource Reduction Cost Reduction Supply Chain Planning Software Supply Chain Software 91

Logistics Business Magazine

MAY 11, 2021

This new service will incorporate five new eco-fret 2 wagons which GBRf has recently procured from VTG. We look forward to strengthening our ties over the course of the next two years.”. Jeremy Haycock at Maersk said: “Maersk´s ultimate aim is offering our customers reliable options that streamline their supply chains.

Logistics Network Optimization Software 66

Logistics Network Optimization Software Reliability Supply Chains Procurement 66

10xLogistics

MARCH 18, 2013

Sustainability must be embedded in the 5 key areas of supply chain: Extraction / procurement Conversion Distribution Use Disposal If the operators of each of these areas are just going about their business and expecting a message from "on high" to tell them what to do I believe they are mistaken.

Supply Chain Design 54

Supply Chain Design Supply Chains Waste Reduction Disposal 54

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. If university study is a little beyond you right now, one of the certification courses might work better for you. Why Choose a Job in the Supply Chain Industry?

Supply Chain Planning Software 98

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

GlobalTranz

NOVEMBER 17, 2016

Transportation modes used in procurement and shipping. Ultimately, performance measurement is a metaphor for tracking any metric in the course of the supply chain , but it's key to being effective is found in transferring the insights gleaned from big data into actionable results. Increasing order efficiency. Demand forecasts.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Software Procurement Solutions Supply Chain Design 115

Logistics in War

FEBRUARY 22, 2020

The risks accepted in not beginning are, of course, high and err towards a professional negligence that ultimately costs time, resources and people at the time of a future war. Militaries routinely encounters cross-roads where decisions regarding structure, posture and preparedness must be made.

Military 103

Military Resource Reduction Cost Reduction Expense Reduction 103