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Brad serves as the Senior Director of Customer Strategy at Emerge , the leading freight procurement platform. in Exercise & Wellness from Arizona State University and M.S. Transforming the $800 billion freight industry, Emerge empowers meaningful logistics relationships through its award-winning Freight Procurement Platform.
Procuring transportation for freight is much different than any other procurement category. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. One master of freight procurement is Kyle Masters. Procurement ran a request for proposal event.
The resilience of your supply chain is determined by its structure and operations, whether we’re dealing with major immediate events like a pandemic or gradual systemic changes to your business environment over time. Once this exercise is completed, your company can then assess the risk from tier-two suppliers onwards.
However, the rapid shifts that companies are going through given the aforementioned trends, progressive companies are laying a robust data foundation and enabling a digital twin of the physical supply chain so they can conduct Design exercises on demand with increasing frequency. Wanted to share these thoughts here.
The surging Delta virus, devastating floods in China and Germany and cyber attacks on South African ports are amongst the latest in a series of events that continue to send shock waves throughout the system. In light of all of this, I’d posit we can no longer look at the events of the last year as an aberration. The impact?
So thats the route were taking in this article (no pun intended), we’ll be exploring the evolution of fleet route optimisation from a time-consuming pen-and-paper exercise to a high-tech process that, in some cases, can be completed in minutes. But first, what is route optimisation?
ERP analytics streamline the non-conformance process, facilitating the management of corrective actions and generating workflows linked to the original non-conformance event. ERP analytics also facilitate the management of the purchasing process through the requisition approval workflow, streamlining procurement activities.
Procurement professionals, if you are considering a transition from manual and Excel-based RF(x) to online automated e-sourcing platforms, here is the information you need to mitigate fear, uncertainty and doubt in your supplier base. But feedback from suppliers on the available procurement automation platforms tends toward the negative.
I was having lunch with a friend of mine who had recently conducted a transportation sourcing event. At first, he didn’t like my honest response: “Jim, you’re using a commodity-oriented procurement process for selecting your carriers and third-party providers. Third, many procurement processes suffer from confirmation bias.
The benefit of this is that you’ll be in a more proactive state when unforeseen events or crises arise with minimal warning. Firstly, if you plan to benchmark as a one-off exercise now and again, you might engage a specialist team of consultants to execute a project for you. The Pros and Cons of Procuring a Benchmarking Tool.
Once this exercise is completed, your company can then assess the risk from tier-two suppliers onwards. An expensive and inefficient option, redundancy in this context means keeping excess capacity or back-up across the entire supply chain in case of shock events, such as natural catastrophes and epidemics. 4) Create Redundancy.
So that’s the route we’re taking in this article, exploring the evolution of fleet route optimisation from a time-consuming pen-and-paper exercise to a high-tech process that, in some cases, can be completed in minutes. I guess that’s why we called it route planning and not route optimisation.”
Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. News & Events. |. These forms key contributors to an effective transformation exercise. They are an integral unit for success of any transformation exercise and should go hand in hand. Human Resources.
Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. News & Events. |. For instance, if Product-Location has procurement type In-House Production ("E") and if it is missing a corresponding PPDS PPM, then we flagged it as an error code. Customer Service.
The COVID pandemic may have been an extreme example of what can go wrong, but it also underscored the importance of planning and decision-making in the event of sudden disruptions that upend the normal working of the complicated modern supply chain apparatus.
Business continuity management seeks to keep a supply chain working in the event of a problem. Similarly, IT disasters in supply chains may be caused by rare events like fires, floods and earthquakes. High-probability/low-impact events. Low-probability/high-impact events. Low-probability/low-impact events.
Whether you need to improve cost, service or other aspects of supply chain performance , both internal and external supply chain benchmarking exercises are a great way to identify, set, and work toward continuous improvement goals. Build a Baseline for Continuous Improvement.
The need for any S&OP process to have an executive sponsor who actively participates in the process, albeit only by exercising final approval over plans and, of course, making any decisions that call for executive authority, cannot be overstated. The Executive Sponsor.
Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. News & Events. |. You do regular exercise to ensure frequency of your breakdown can be reduced or you take your kid for scheduled vaccinations - Preventive Maintenance. Procurement Blog. Banking Suite.
Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. News & Events. |. Following are some of the key considerations which I think an organization should make to reap benefits from an optimization exercise in Asset management. Procurement Blog.
Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. News & Events. |. EAM can often become a tedious exercise for a public organization due to its inherent nature of spread and unavailability of dedicated workforce for continuous monitoring of Assets.
With all movements of produce recorded immutably in a distributed ledger, tracing quality-compromised food or commodities back to the source can be achieved in hours, rather than the days, or even weeks, otherwise required for such an exercise. Big Names are Backing Blockchain. Ford and BMW Among the Early Movers.
Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. News & Events. |. In the past, hefty retail events such as Black Friday seemed to prompt firms to focus more on the inventory aspect of the logistics network. Procurement Blog. Customer Service.
Sabine Ursel talks to Bettina Bohlmann (above) , Managing Partner of 3p Procurement Branding GmbH in an interview focused on themes to be explored at this year’s EXCHAiNGE event in Frankfurt. I found your real-world exercises in past years very enlightening. Feedback is a vital part of that.
Frank Waechter, Vice President of Treasury and Insurance at PUMA, firmly believes the Nexus platform adds value to this process: “Collaboration with suppliers is much more than a digital exercise. But without digital enablement, it’s nothing!” PUMA’s Sustainable Finance Journey PUMA’s sustainable finance journey began in 2015.
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