Logistics Viewpoints

JANUARY 29, 2025

It adopts the International Labor Organizations definition of forced labor and mandates the European Commission to release compliance guidelines by June 2026. Businesses will need to ensure accurate data reporting across core operations such as sourcing, procurement, and transactions. from Canada and Mexico.

Compliance 111

Compliance Supply Chain Planning Software Study Supply Chain Software 111

Logistics Bureau

OCTOBER 12, 2024

For those procurement or Supply Chain executives in suitable organizations, there is an increasing number of uncertainties to manage, especially in today’s tough economic environment. Procurement consultants like ourselves are required to be highly creative and innovative to resolve the business issues across a broader management disciplines.

Cost Reduction 52

Cost Reduction Procurement Analytics Optimal Sourcing Procurement 52

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Procurement solutions are often updated with purchased information.

Manufacturing Procurement 125

Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 125

CLX Logistics

FEBRUARY 22, 2024

Procurement management stands at the crossroads of technological innovation and strategic decision-making. As organizations strive to enhance operational efficiency, mitigate risks, and capitalize on emerging opportunities, the role of Artificial Intelligence (AI) and Machine Learning (ML) in procurement has become increasingly prominent.

Optimal Sourcing 52

Optimal Sourcing Procurement Negotiating Skills Supply Chain Software 52

SYSPRO Smarter ERP

MARCH 9, 2022

In 1990, technological research and advisory firm, Gartner, created the definition for enterprise resource planning (ERP) as: “an integrated suite of business applications. Many also extend to inventory management, order management, procurement, and production. Procurement can be a complex process in a manufacturing environment.

Supply Chain Planning Software 119

Supply Chain Planning Software Supply Chain Software ERP Manufacturing Procurement 119

Supply Chain Brain

MARCH 1, 2023

Leading companies all know what their aspirational environmental goals are, but if you ask them when they’re going to be gender equal, few would be able to give a definitive answer.

Procurement 52

Procurement Definition 52

Logistics Viewpoints

AUGUST 16, 2021

ARC’s definition is that a supply chain collaboration network is a “collaborative solution for supply chain processes built on a public cloud – many-to-many architecture – which supports a community of trading partners and third-party data feeds. What is this Market? The solution is called a supply chain collaboration network (SCCN).

Supply Chain Planning Software 122

Supply Chain Planning Software Supply Chain Software Supply Chains Digital 122

Logistics Viewpoints

AUGUST 29, 2023

ARC’s definition of TMS is freight centric. The complete process would include procurement, creation of a route guide, planning and optimization, electronic communication with carriers (tendering), visibility and exception management, freight audit, and performance management.

Optimal Sourcing 111

Optimal Sourcing Optimization Software SAP Modeling Software 111

Logistics Viewpoints

MARCH 29, 2023

ARC’s definition of TMS is freight centric. The complete process would include procurement, creation of a route guide, planning and optimization, electronic communication with carriers (tendering), visibility and exception management, freight audit, and performance management.

Optimal Sourcing 111

Optimal Sourcing Optimization Software Transportation SAP 111

Logistics Viewpoints

AUGUST 30, 2023

ARC’s definition of TMS is freight centric. The complete process would include procurement, creation of a route guide, planning and optimization, electronic communication with carriers (tendering), visibility and exception management, freight audit, and performance management.

Optimal Sourcing 105

Optimal Sourcing Optimization Software SAP Modeling Software 105

Logistics Viewpoints

NOVEMBER 28, 2022

Definitions of agility, resilience, visibility, and end-to-end collaboration are all very much tied together. But procurement says, ‘well, we’re not going to tell the supplier that because we have this volume-based discount. That often means that the way procurement deals with key suppliers needs to change.

Supply Chain Planning Software 110

Supply Chain Planning Software Scenario Planning Optimal Sourcing Manufacturing Procurement 110

Shipping and Freight Resource

MARCH 10, 2020

In this article I unpack the difference between Maritime, Shipping, Freight, Logistics and Supply Chain and how it is all connected, starting with some simple definitions of these terms. Procure good quality at reasonable rates. Unavailability of certain products domestically. Comparative Advantage. Market expansion. Trillion.

Maritime 134

Maritime Supply Chain Planning Software Supply Chains Manufacturing Procurement 134

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. Coupa Introduces a Supply Chain Collaboration Network Solution Coupa has claimed that their platform unifies processes across procurement, finance, and supply chain functions.

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 111

SIPMM Professional Publications

OCTOBER 15, 2019

But doing so efficiently creating a discipline around inventory control is definitely […]. Generally, the central laboratory offers the widest selection of tests available to individuals and is organized in a number of departments, including hematology, biochemistry, parasitology, bacteriology, histology, immunology, and virology.

Inventory 74

Inventory Definition Availability Efficiency 74

Logistics Viewpoints

FEBRUARY 28, 2022

Let’s start with a definition: any device that can perceive its environment and takes actions that maximize its chance of success at some goal is engaged in some form of artificial intelligence (AI). It is also worth pointing out, that based on this definition, not all forms of machine learning are particularly complicated.

Supply Chain Planning Software 141

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

GlobalTranz

APRIL 22, 2015

Editor’s Note: Almost 14 months ago we wrote one of our most popular posts entitled, “ The History of Supply Chain and Logistics Management ” contained a bit of history, definitions, and a great infographic visually going through the history of supply chain and logistics management. What is a Logistics Framework?

Global logistics 116

Global logistics Material Savings Cost Reduction Supply Chain Planning Software 116

Logistics at MPEPS at UPV

APRIL 24, 2022

E-procurement: The use of ICT to integrate the company’s procurement operations with its suppliers. E-logistics encompasses a wide range of duties, including user experience in an online store, stock management, order dispatch (and tracking), and even after-sales care.

Manufacturing Procurement 52

Manufacturing Procurement Logistics Network Optimization Software Supply Chain Planning Software Purchasing Skills 52

Logistics Business Magazine

SEPTEMBER 19, 2023

Transporeon, a leading Transportation Management Platform and a Trimble Company, announced today the launch of Freight Marketplace, a neutral (of equal benefit to both shippers and carriers) deal-making hub for freight procurement. That’s why we built Freight Marketplace to take freight procurement to the next level.

Negotiating Skills 55

Negotiating Skills Buyer Training Freight Logistics Network Optimization Software 55

Logistics Bureau

DECEMBER 4, 2024

And how is it different from procurement? The purchasing transaction is then one part of an overall process that we call procurement, which is integral to fulfilling a companys business model. Why do people get confused between purchasing and procurement? Are purchasing and procurement the same things in supply chain management?

Manufacturing Procurement 40

Manufacturing Procurement Procurement Solutions Eliminating Excel in Purchasing Purchasing Skills 40

Logistics Bureau

NOVEMBER 2, 2020

For some companies it means ethical procurement, for others it involves supporting worthy causes. I like to quote the following definition of CSR , offered by Chatham House associate fellow, Paul Hohnen. Article summary. What does corporate social responsibility really mean?

Waste Reduction 98

Waste Reduction Resource Reduction Supply Chain Design Software Supply Chain Planning Software 98

GlobalTranz

JANUARY 30, 2015

Is any portion of the data created by end users at the time of input within the environments of an organization or its providers and suppliers open to judgment calls in areas like classification, definition, estimations, or interpretations? If you’d like to speak to me, shoot me an email at tphillips@cerasis.com.

Data 95

Data Transportation Optimal Sourcing Sourcing Strategies 95

Talking Logistics

JULY 5, 2017

A great example is a procurement professional who has spent the last 30 years perfecting the art of “buying.” The Vested methodology teaches that the partnering with strategic suppliers outperforms “buying,” but it is very difficult for procurement professionals to let go of old-school dogmas that focus on price and not value.

Supply Chain Design Software 83

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 83

GlobalTranz

DECEMBER 11, 2014

In this series, we will first talk about how EDI in transportation works and what it is, covering the history of EDI in transportation, the definition, how it works technically, and then some common EDI codes used within the transportation industry. History of EDI and EDI In Transportation and Logistics.

Data 105

Data Transportation Document Inventory Reduction 105

Blue Grace Logistics

JUNE 8, 2022

For the past two years, many manufacturers worked feverishly to procure parts amid a shortage stemming from COVID-19 disruptions. “Overall, we are definitely seeing an improved capacity out there,” he said. Many now are sitting on inventories that are not moving out of their plants as quickly, Trompeter said.

Manufacturing Procurement 62

Manufacturing Procurement Optimal Sourcing Definition Procurement 62

Globalior

JUNE 26, 2020

Definitely a role that will transition well to a home based environment. Procurement: Procurement may be able to work from home, however a big part of a procurement executive’s job is vendor management which is best done face to face. Trade compliance: The Trade compliance team can work effectively from home.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 52

Material Handling and Logistics

FEBRUARY 19, 2018

purchasing/procurement manager with a manufacturer of building equipment with 21-25 years of experience, living in the South Atlantic region and earning $36,00. “My position in this company is underpaid and I believe most people in this job will agree. The impact this position carries in manufacturing is undervalued and recognized.”

Survey 118

Survey Manufacturing Procurement Materials Handling Optimal Sourcing 118

Logistics in War

SEPTEMBER 7, 2024

Military terminology changes frequently, and you might note that Defence – in 2023 – doesn’t have an agreed upon definition for what strategic logistics is, nor what logistics at the ‘strategic level’ of war entails. It is especially concerned with the preparedness of the combat force.” What do we know?

Logistics Network Optimization Software 74

Logistics Network Optimization Software Military Logistics Definition 74

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Predictive analytics feeding scenario planning definitely gives a competitive edge when reacting to changes in the business environment.

Supply Chain Planning Software 116

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 116

Logistics at MPEPS at UPV

MARCH 18, 2020

The definition is to maintain cost-effective delivery capacity in the face of large fluctuations in unplanned demand and is currently considered to be the most critical factor in global supply chain management. Similarly, the expenditure and demand of enterprises will also decrease.

Supply Chain Software 52

Supply Chain Software Supply Chains Optimal Sourcing Factories 52

Talking Logistics

SEPTEMBER 5, 2018

Fleet Management: A Different Definition. It is virtually impossible, therefore, to have complete, integrated visibility to its usage and to standardize equipment procurement and utilization. When people think of fleet management, they often think of over-the-road pick-up and delivery fleets.

Materials Handling 77

Materials Handling Material Savings Handling Optimal Sourcing 77

GlobalTranz

SEPTEMBER 28, 2016

You can read the detailed technical definition here. Dr. Muddassir Ahmed is a Manufacturing Operations, Procurement and Supply Chain leader from international multi-site manufacturing experience in Electrical, Hydraulics and Internet industries. About Author.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 89

GlobalTranz

MARCH 19, 2018

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. Different definitions may exist, depending on the carrier used and type of the shipment, including the following: Dry Van. Partial Truckload. Intermodal.

Optimal Sourcing 64

Optimal Sourcing Cost Reduction Resource Reduction Procurement 64

Logistics Bureau

DECEMBER 4, 2024

It is the management process of the entire journey of a product, encompassing the entire supply chain from procurement of raw materials to the final product reaching the consumer. This is stage 1 of the supply chain, which is called Procurement or Sourcing. What is Supply Chain Management in simple words?

Supply Chain Design 40

Supply Chain Design Optimal Sourcing Supply Chains Manufacturing Procurement 40

GlobalTranz

NOVEMBER 9, 2016

The definition of the IoT sums it up; it is “a network of dedicated physical objects that contain embedded technology to sense or interact with their internal state or external environment.”. Before embarking on a journey toward expanding your organization’s horizons, you need to understand exactly what today’s use of the IoT entails.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Software Supply Chains Logistics Network Optimization Software 98

Blue Grace Logistics

DECEMBER 15, 2021

As a major third-party logistics provider procuring shipping capacity for customers who need to move freight, BlueGrace also is working to resolve capacity issues in a supply chain disrupted by COVID-19. “The acquisition of new talent is really to support our hypergrowth.”.

Optimal Sourcing 62

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

Logistics Bureau

JANUARY 7, 2020

The definition above is not from any textbook, but is one that I am sure you will agree, describes a state of affairs that any corporate leader or business owner would be happy to attain. . Procurement costs. There is also the question of ethical procurement and purchasing to consider. . Inventory and storage costs.

Supply Chain Design Software 111

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

Logistics at MPEPS at UPV

APRIL 24, 2023

For example according to the approved NATO definition, military logistics is the science of planning and carrying out the movement and maintenance of forces. Procurement was dependent on volunteers, and the lack of logistics expertise led to a logistical crisis in the field.

Military 40

Military Optimal Sourcing Supply Chain Planning Software Procurement Solutions 40