Logistics Viewpoints

SEPTEMBER 7, 2022

Kevin Nelson, a chief procurement officer and senior vice president at BD, agreed to be interviewed on this topic. The company had access to huge amounts of trade data, for example. But the further up the supply chain BD went, the less incentive suppliers had to participate in these exercises. Supply Chain Chaos is the New Norm.

Supply Chain Software 104

Supply Chain Software Supply Chains Optimal Sourcing Procurement Solutions 104

Logistics Bureau

APRIL 3, 2023

So, for example, outsourcing sales activity is not typically a good idea if yours is a retail sales company. For example, US-based companies may be quite fortunate if they have access to manufacturers right on their doorstep in Mexico, a country with far lower labour costs than the rest of North America.

Outsourcing 98

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 98

Logistics Viewpoints

JULY 22, 2021

For example, forecasts are generated using the past three years of history, implicitly assuming history repeats. A close alignment between Procurement and Supply Chain can also yield several very interesting use cases that will help turbocharge your business. One off recommendations are made about facility locations (i.e.,

Supply Chain Planning Software 113

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Scenario Planning 113

Logistics Viewpoints

SEPTEMBER 28, 2021

Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility. Real-time visibility into “static goods” — wherever they may be — is the foundation for managing through volatility. The ROI will only multiply with visibility into supplies and goods from end to end.

Supply Chain Planning Software 98

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

SYSPRO Smarter ERP

JANUARY 19, 2022

For example, one of the main problems with Asian-US trade is that all container ship deliveries are now routed to the West Coast, even though the bulk of America’s manufacturers are based on the East Coast. To assist with the short-term solution, the answer is an extensive data-gathering exercise. Use data to improve operations.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 105

Logistics Bureau

APRIL 4, 2022

It will also make it easier to determine, for example, if you should opt for contract rates over spot rates or vice versa. 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.

Negotiating Skills 96

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

Talking Logistics

APRIL 6, 2017

While these approaches can certainly deliver a significant return on investment (ROI), other strategies that can positively impact their transportation network are often overlooked – for example, thinking more strategically about capacity.

Capacity 72

Capacity Price Reduction Sourcing Strategies Cost Reduction 72

Logistics Viewpoints

AUGUST 9, 2022

Strategy and leadership teams might elect to be alerted to production line disruptions, for example, so they receive details about every impacted order. Inbound/procurement teams could view SKUs at facilities with low days of supply, and drill into orders in the yard with low SKUs.

Inventory Reduction 104

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Inventory 104

Logistics in War

APRIL 9, 2020

Those who were intimately involved in the redeployment of Australian combat elements from Afghanistan in 2013 will have no troubles in citing examples of huge stockpiles of stuff that were created through over ordering, poor stock management, risk adverse planning and a failure to recognise changing security conditions.

Supply Chain Planning Software 85

Supply Chain Planning Software Military Exercises Logistics Network Optimization Software 85

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. Supply chain is often what people define it to be. Transportation (transportation manager, fleet manager).

Negotiating Skills 75

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

FreightWaves SONAR

MAY 14, 2024

From a shipper’s perspective, transportation is a cost center, and the exercise of sourcing trucking capacity is not much different than that of procuring raw materials for production. In the above snippet, the example lane is very unbalanced in terms of capacity flow.

Price Reduction 52

Price Reduction Material Savings Cost Reduction Sourcing Strategies 52

Logistics Bureau

JANUARY 7, 2020

Walmart may be the most famous example of a company that has succeeded primarily because of a well-developed and aligned supply chain strategy. For example, supplier performance issues can cause problems with inventory, order fill, on-time delivery performance, and customer-order lead times. . Procurement costs.

Supply Chain Design Software 111

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

247 Customs Broker

MARCH 26, 2018

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. Here are four reasons why your own procurement process might not be as good as you think it is. Third, many procurement processes suffer from confirmation bias.

Optimal Sourcing 28

Optimal Sourcing Sourcing Strategies Negotiating Skills Negotiate Pricing 28

Logistics in War

OCTOBER 17, 2019

Any operation defending the Australian north-west demanded was a difficult logistics enterprise, as highlighted by exercises such as the long-standing ‘Kangaroo’ series. Procurement of these essentials was eventually conducted in Sydney, where the operational supply-chain eventually began. hardware stores etc.).

Resource Reduction 98

Resource Reduction Cost Reduction Operations Military 98

Material Handling and Logistics

OCTOBER 23, 2018

An example of where this can make a difference is in how businesses source and onboard new suppliers – an exercise that is traditionally slowed by the burden of contracts and letters of credit. Streamlining Processes. Another effect of supply chain connectivity is to help reduce paperwork and processes that slow production down.

Supply Chain Planning Software 74

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 74

Transporeon

MARCH 13, 2017

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.

Sourcing 48

Sourcing Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 48

Logistics in War

MARCH 11, 2025

Firstly, it recommended conducting realistic wargames and exercises to reflect threats and the capability of the logistics enterprise to respond. Other examples of logistics influences on strategic competition are before us if we choose to look. As these reports tend to go, its conclusions werent pretty.

Military 59

Military Operations Logistics Network Optimization Software Supply Chain Planning Software 59

Logistics Bureau

NOVEMBER 20, 2023

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.”

Presentation 95

Presentation Optimization Software Logistics Network Optimization Software Optimal Sourcing 95

Logistics Bureau

OCTOBER 2, 2016

If your supply chain network design has not been under the microscope, and you care about business success, it’s probably time to consider the benefits of a design review and optimisation exercise. Procurement costs. There is also the question of ethical procurement and purchasing to think about. Waste in the supply chain.

Supply Chain Design Software 99

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 99

GlobalTranz

FEBRUARY 24, 2015

Transportation spending is a perennial target of budget-cutting exercises, and a large, multi-faceted cost center for many companies; some may spend three to six percent of their materials costs on transportation. These functions must integrate easily into current logistics, invoicing , and procurement processes.

Data 94

Data Transportation Cost Reduction Material Savings 94

Logistics Bureau

OCTOBER 19, 2020

Suppose you wanted to be the fastest runner in the world, for example. For example, are you sure that you don’t have one or two business units that excel in a performance element which, otherwise, is proving to be a weakness for your supply chain operations? Those levels are “benchmarks”. Ready to SCOR with External Benchmarking?

Supply Chains 52

Supply Chains How To Scenario Planning Cost Reduction 52

Logistics Bureau

NOVEMBER 6, 2023

Of course, switching to more efficient lighting requires significant investment, especially if you choose induction lights, which are particularly expensive to procure. For example, could some areas of your warehouse be adapted via racking optimisation to store higher inventory volumes? Are Our Processes Optimal?

Cost Reduction 98

Cost Reduction Purchasing Skills Waste Reduction Material Savings 98

Logistics Bureau

AUGUST 1, 2022

So, for example, the Head of Supply might be the Supply Chain Director, Supply Chain Manager, or another non-executive supply chain management specialist. For example, several sales and operations planning models exist, including those credited to Tom Wallace and Oliver Wight. The Supply Chain Head. The Executive Sponsor.

Supply Chain Planning Software 98

Supply Chain Planning Software Scenario Planning Operations Supply Chain Design Software 98

FourKites

JANUARY 7, 2021

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. How to Create an Agile Supply Chain Model.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 52

Logistics Bureau

SEPTEMBER 25, 2016

So for example, if you plan to offer greater product availability than your competitors, you will want to establish a different set of supply chain benchmarks than a company that wants to compete successfully on product pricing or on quality. Taking the journey to a best-in-class supply chain will mean different things to different companies.

Supply Chains 70

Supply Chains Scenario Planning Cost Reduction Waste Reduction 70

Logistics Bureau

OCTOBER 19, 2017

For example, customer demand for a product may suddenly rise. For example, the Disaster Recovery Journal indicates the main sources of business interruption. For example, faulty production equipment can lead to poor product quality. For example, one of your competitors buys one of your key suppliers. Here’s an example.

Supply Chain Planning Software 45

Supply Chain Planning Software Supply Chain Design Software Supply Chain Design Supply Chains 45

Logistics Bureau

JANUARY 30, 2017

Supply chain mistakes like the five common examples I’m about to reveal , all have the potential to handicap business performance—which is why your company should avoid them (or address them if it’s too late for avoidance). For example: Customers don’t know what to expect. Missing Customer Service Clarity.

Supply Chain Design Software 67

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 67

Logistics Bureau

JULY 27, 2016

However based on observations made in the course of our consulting work, many organisations perceive it as a purely remedial or punitive exercise. For example, companies often make the mistake of ramping up performance evaluation only when one of their vendors begins to let them down. Why is this a mistake?

Vendor Strategies 40

Vendor Strategies Resource Reduction Waste Reduction Inventory Reduction 40

Logistics Bureau

JULY 27, 2020

Examples of Blockchain in Food Supply Chains. The examples we’ve looked at so far illustrate the uses of blockchain to promote sustainability in the supply chain and assure consumers that they are buying ethically sourced products. Big Names are Backing Blockchain. Other Food Industry Blockchain Initiatives.

Supply Chain Planning Software 69

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Tracking and Tracing 69

Logistics Bureau

OCTOBER 10, 2024

Examples include discrete pick (as assignment per order), consolidated orders, often used when discrete picking happens at the customer venue, and so on. For example, what if you have a lot of fast-moving products? Considerations of the product characteristics such as product velocity, dimensions, cube, crushability, toxicity etc.

Production 74

Production Inventory Reduction Cost Reduction Expense Reduction 74

Logistics in War

SEPTEMBER 21, 2019

The supply system was swamped with high-priority demands for every item imaginable, both in-service and those requiring procurement action, and the demands kept coming during and after units deployed. This would not be like a month-long exercise in the local training area.

Supply Chain Planning Software 51

Supply Chain Planning Software Scenario Planning Logistics Network Optimization Software Logistics 51

Logistics Business Magazine

DECEMBER 11, 2022

For example, a big-box retailer that started to build out its pickup services, it delivery services, and so on, so that when the world pivoted, and stores were closed, but people still wanted this retailer’s products, it already had all of that investment there. Consumers are looking for more durable products.

Supply Chain Planning Software 55

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 55

Infosys Supply Chain Management

FEBRUARY 8, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Let us take an initiative such as Inventory Optimization as an example. Enterprise transformations are a multi-year exercise in the making. Procurement Blog. Business Process Outsourcing. Customer Service.

Supply Chain Planning Software 34

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Supply Chains 34

247 Customs Broker

JANUARY 24, 2019

You have operations here and procurement over there and sales right here, for example. Digitization is a technical exercise that collects all transaction data from all of the silos into an electronic state in a central location. Sherman: While digitization is a technical exercise, digitalization is a business exercise.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chains Scenario Planning Optimal Sourcing 28

Supply Chain Brain

MARCH 26, 2018

For most of human history, the success of that exercise has rested on the appointed seer’s years of experience, coupled with some indefinable grasp of probability. So a workable automated system will have the capability to weed out those parameters that don’t make sense — for example, a material that is prohibited in key markets.

Optimal Sourcing 40

Optimal Sourcing Production Optimization Software Supply Chain Design Software 40

Infosys Supply Chain Management

NOVEMBER 1, 2011

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. an example, electronics retailer Best Buy has augmented its online assortment by 20,000 items.Similarly, Target and Wal-Mart and other general merchandise retailers have boosted their online capabilities and product offerings.

Supply Chain Planning Software 30

Supply Chain Planning Software Eliminating Excel in Purchasing Supply Chain Software Supply Chains 30

Infosys Supply Chain Management

JULY 3, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. In this blog, with the example of Asset Management for personal health, they emphasize on identifying avenues for adding more Asset definitions to the EAM purview. Procurement Blog. Business Process Outsourcing.

Supply Chain Planning Software 30

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 30