article thumbnail

Boston University’s Sourcing Transformation

Logistics Viewpoints

In 2017, a strategy consultant was hired to do a top-to-bottom assessment of the Boston University procurement program. This automation speeds the process and reduces costs associated with tedious, manual labor. The automation makes it feasible for BU to get early payment discounts on a significant amount of their spending.

article thumbnail

The Power of Print: Why Strategic Communications Drive Lawn & Pest Control Success

WorkWave

Plus, prepaid services reduce billing and collection costs while providing crucial working capital for early-season expenses. Start by analyzing your current customer communication strategy. Customers who prepay are psychologically more committed to the service and less likely to cancel mid-season.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What is a Carnet?

MTS Logistics

A carnet is an international customs document that allows the temporary importation of goods for commercial purposes to and from a country without having to pay duties or value-added taxes on the goods. The carnet allows us to use this single document for clearing the goods through customs.

Document 103
article thumbnail

Supply Chain Quality: A Driver for Digital Transformation

Talking Logistics

Commercialization strategies evolve, supply chains expand, and production rates accelerate. Addressing this challenge, executives are rethinking their business models and strategies to improve product quality and avoid issues surrounding test results, material specifications, non-conformances, recalls, and supplier corrective action requests.

article thumbnail

Time-Saving Automation for Ecommerce Brands

Ship Monk

ShipMonk combines the experience of our 3PL experts with the efficiency of time-saving automation so ecommerce brands of all sizes can scale and grow with our omnichannel fulfillment services. ShipMonk’s 3PL software , for example, is time-saving automation at its finest.

article thumbnail

Key Takeaways from SAP Spend Connect Live

Logistics Viewpoints

At one of the demo booths, what stood out was the ability of the procurement solution to track savings leakage over the course of a contract. When a procurement contract is negotiated, the buyer has planned to achieve a certain level of savings. However, those savings can leak away in several different ways.

SAP 112
article thumbnail

MES vs MOM: Understanding the Key Differences

SYSPRO Smarter ERP

MES and MOM in Industry Strategy and the Smart Factory Many advanced manufacturers have an industry strategy that aligns and supports the overall business strategy and its objectives. An MES is a software application that monitors, tracks, documents, and controls the production process on a factory floor. What is an MES?