Logistics Viewpoints

APRIL 1, 2021

In a previous post , I made a case for how the Chief Supply Chain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. Accordingly Supply Chain and Procurement will need continuous collaboration. Here are some examples of such use cases.

Optimal Sourcing 108

Optimal Sourcing Manufacturing Procurement Procurement Analytics Supply Chain Planning Software 108

IoT World Today

MARCH 27, 2020

Bouncing back more quickly, said experts, will require supply chain managers to turn to new ways of managing the supply chain, including using Internet of Things (IoT) data, analytics and machine learning (ML). Bringing Analytics to Supply Chain Management. But 44% of respondents didn’t have a plan to deal with it.

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Procurement Analytics 145

Logistics Viewpoints

SEPTEMBER 4, 2023

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.

Procurement Solutions 110

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 110

SYSPRO Smarter ERP

NOVEMBER 18, 2024

For example, an ERP for automotive distributors needs to include not just a standard sales function but also allow for automotive-specific processes like call-offs and contract pricing, as well as other processes like returns and lot traceability. There are several business processes that an ERP must have to support automotive distribution.

ERP 98

ERP Optimal Sourcing Purchasing Skills Manufacturing Procurement 98

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. Alex Zhong, Director Product Marketing at GEP.

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 120

Logistics Bureau

DECEMBER 22, 2024

A KPI is a practical and objective measurement of progress, either: Towards a predetermined goal, or Against a required standard of performance It might help to think of a KPI as something like an instrument on a car dashboarda speedometer, for example. Why Are KPIs Important?

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

Ship Monk

MARCH 11, 2021

For some, keeping track of metrics may as well be music to their ears. But, no matter which camp you’re in, the importance of validating your metrics cannot be understated. Take a few deep breaths, and join us for a crash course on eCommerce metrics: what they are, why you need them, and how they can help you “ Stress Less, Grow More.”

Procurement Analytics 98

Procurement Analytics eCommerce Cost Reduction Inventory Reduction 98

Ship Monk

NOVEMBER 30, 2023

They’re called metrics, a set of constantly changing numbers and percentages that tell you how you’re doing from one day to the next. There are dozens of metrics you could track, but some are so important you should check them frequently. These are the metrics you want on your dashboard. What is a Metric? What is a KPI?

Procurement Analytics 64

Procurement Analytics eCommerce Procurement Solutions Manufacturing Procurement 64

Logistics Bureau

JANUARY 20, 2025

If you were tasked with procuring the best supply chain IT system, what would you look for? Think of it managing things like purchase orders, invoices, and inventory records. SCM software enables communication and integration between suppliers, purchasers, manufacturers, warehouse facilities and transport operations.

Supply Chain Planning Software 74

Supply Chain Planning Software Supply Chain Design Software Optimization Software Supply Chain Software 74

Logistics Bureau

DECEMBER 28, 2024

For example, switching from air to ocean freight for non-time sensitive shipments can reduce carbon emissions by up to 95% per unit shipped. This means developing supplier evaluation frameworks that include carbon metrics, working together on joint emission reduction projects, and incentivising suppliers to meet or beat carbon targets.

Resource Reduction 75

Resource Reduction Material Savings Supply Chain Design Software Supply Chain Planning Software 75

3PL Links

NOVEMBER 12, 2024

Solution: Use data-driven forecasting to predict demand as accurately as possible. By leveraging predictive analytics and a just-in-time (JIT) inventory model, you can maintain optimal stock levels, which reduces storage costs and cuts down on waste from unsold items.

Cost Reduction 62

Cost Reduction Material Savings Supply Chain Software Supply Chain Planning Software 62

The Logistics of Logistics

MAY 12, 2021

Costco example: they sell different brands and market their brand Kirkland, which now accounts for approximately 25% of their revenue. Over 30% of ecommerce purchases are returned, which is an enormous cost and logistics problem. Tecsys’ shares are listed on the Toronto Stock Exchange under the ticker symbol TCS. .

Supply Chain Software 370

Supply Chain Software Logistics Network Optimization Software Procurement Solutions eCommerce 370

FreightWaves SONAR

MARCH 15, 2021

Supply chain professionals responsible for transportation procurement at Fortune 500 companies focus on three things – budget forecast accuracy, service scores and primary tender acceptance. harder to procure capacity at the benchmark rate per mile ) in both the outbound and inbound directions.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

Logistics Viewpoints

NOVEMBER 19, 2024

When shoppers were asked what would put them off making more ecommerce purchases in the future, 21% indicated they’d had negative delivery experiences, 20% said deliveries were not reliable, and 17% were dissatisfied with the delivery process. Similarly, maintaining a strong chain of custody (e.g.,

Cost Reduction 84

Cost Reduction Resource Reduction Price Reduction Vendor Strategies 84

Logistics Viewpoints

JULY 17, 2024

G&J Pepsi-Cola Bottlers began its journey in 1925 when two women in Cincinnati, along with their partners, purchased the New York Mineral Water company. For example, most stops are minor stops, and an average production line stops 20,000 times per year. Both factors affect MTBF and MTTR metrics.

Digital 122

Digital Procurement Analytics Manufacturing Procurement Modeling Software 122

The Logistics of Logistics

AUGUST 29, 2019

I was involved with the procurement of equipment and materials. The business model changed. For example, all the hospitals that got supported with tens of thousands of purchase orders that Aramco was handling. The volume of purchase orders declined to where Aramco was no longer the market maker. [13:34]

Procurement Analytics 170

Procurement Analytics Purchasing Skills Logistics Network Optimization Software Supply Chain Planning Software 170

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 Bureau

JANUARY 20, 2025

It’s about having automated systems that learn from every transaction, predict potential issues before they become problems, and keep your operations running smoothly even when challenges arise. What are some examples of Supply Chain Automation? Its like having an assistant who never takes their eyes off your stock levels.

Supply Chain Software 75

Supply Chain Software Supply Chain Design Software Supply Chain Design Supply Chains 75

Trinity Logistics

OCTOBER 31, 2021

Transportation management affects every part of your logistics process, from planning to procurement and more. With this, it can optimize each shipment, allows freight tracking by using real-time updates, payment processes are simplifying and streamlining invoices are audited, and develops reports through its in-depth data collecting.

Optimization Software 126

Optimization Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 126

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. Alternatively, you can procure access to a digital freight benchmarking platform. The Pros and Cons of Procuring a Benchmarking Tool. 2: Take Care in Identifying the KPIs to Use.

Negotiating Skills 96

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

Logistics Viewpoints

AUGUST 5, 2021

PwC reports that almost half of assets under management are held by investment firms committed to decarbonization. Similarly, UPS has strong commitments to sustainability and invests in many options, such as alternative fuel vehicles, e-cycles in dense cities, and carbon offsets for purchase with shipping.

Supply Chain Planning Software 126

Supply Chain Planning Software Supply Chains Material Savings Waste Reduction 126

Material Handling and Logistics

MAY 2, 2018

billion metric tons—gets lost or wasted. What’s more, net food losses in developed countries (222 million metric tons) equate to nearly all of the food produced in Sub-Saharan Africa yearly (223 million metric tons). Every year, one third of the food produced in the world for human consumption—or 1.3 Printer-friendly version.

Waste Reduction 137

Waste Reduction Waste Procurement Analytics Food and Agriculture 137

Logistics Viewpoints

FEBRUARY 11, 2021

At the same time, the Chief Purchasing Officer (CPO) has taken on a pivotal role by securing Personal Protective Equipment (PPE) to protect the workforce and direct materials when primary sources fail. Sourcing and supply chains working in a siloed manner can cause significant delays, resulting in lost revenue upside while escalating costs.

Manufacturing Procurement 109

Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies Procurement Solutions 109

Ship Monk

APRIL 5, 2024

The fact is, most business owners think of procurement as nothing more than a transactional relationship. Establish KPIs to track the quality of a vendor’s products and service, in addition to quantitative metrics such as timely deliveries, cost savings, and order accuracy. Regular meetings or reports?

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 105

SYSPRO Smarter ERP

MAY 10, 2022

This should also integrate with inventory management and procurement so that goods are ordered in time and there is visibility over stock items. Managers should be able to analyze the costs of customized orders to identify where improvements can be made in labor hours worked, and other areas where costs can be lowered, such as reducing waste.

Manufacturing Procurement 111

Manufacturing Procurement ERP Procurement Solutions Optimal Sourcing 111

3PL Links

JANUARY 8, 2025

By combining data on deliveries, the performance and use of each vehicle, the performance and behavior of drivers, the maximum weight transported by vehicle, and driver availability, this tool allows each delivery to be structured and continuous reports to be made in search of more intelligent processes.

Optimal Sourcing 62

Optimal Sourcing Cost Reduction Resource Reduction Expense Reduction 62

Logistics Bureau

OCTOBER 20, 2021

These key metrics become your organisation’s “multi-function display” and give you the primary data needed to monitor and manage “normal flight conditions.” ” Feel free to track lots more metrics in the background if you wish, but try to keep attention focused on the five or six “real KPIs.”

Supply Chain Design Software 98

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

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. The First Step: Bring all the data together and ensure analytics and planning can happen on the same platform. . Accurate and timely reconciliation of purchase orders with receipts.

Supply Chain Planning Software 111

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 111

Ship Monk

MARCH 11, 2024

Did you know that 93% of consumers say that online reviews influence their purchase decisions? And when we feel uncertain, humans tend to look for examples of what others in our situation have done. We’ll give you some examples of social proof, and we’ll even rank them in terms of trustworthiness. What is Social Proof?

eCommerce 105

eCommerce Logistics Network Optimization Software Case Study Procurement Solutions 105

The Lean Thinker

DECEMBER 9, 2022

When “trams” (coal carts) were in short supply, for example, the “trammers” would horde carts to optimize their team’s performance at the expense of other teams being limited by the number of carts available. A classic example of this is a heijunka or load-leveling box.

Modeling Software 259

Modeling Software Optimization Software Expense Reduction ERP 259

Logistics Viewpoints

MARCH 27, 2025

A disruption at any point in the global logistics network including the average of 12 touch points from shipment packaging to final delivery can prove disastrous for profits, service levels, customer loyalty, and other key metrics. With the global e-commerce market predicted to reach $8.1 billion to $23.07

Supply Chain Planning Software 58

Supply Chain Planning Software Optimization Software Supply Chain Software Logistics Network Optimization Software 58

Logistics Viewpoints

SEPTEMBER 20, 2022

In this blog, I’ll try to shed more light on it with examples from our work with our customers. Well, we also know that many legacy systems will not be able to support all these changes quickly and cost-effectively. Think of the Lego as the ultimate example of a composable toy. So what to do? What is Composability?

Supply Chain Planning Software 110

Supply Chain Planning Software Supply Chain Software Scenario Planning Optimization Software 110

Logistics Viewpoints

AUGUST 23, 2021

SCCN solutions provide supply chain visibility and analytics across an extended supply chain. The LevaData solution, for example, speeds up sourcing significantly. The larger the number of industry participants on a network, the better the solution is at sourcing and onboarding. These are often EDI messages.

Collaboration 114

Collaboration Supply Chain Planning Software Optimal Sourcing Modeling Software 114

Logistics Viewpoints

MARCH 3, 2025

What Celanese has accomplished is the single best example ARC is aware of employing agentic AI and copilots at scale. They prepare equipment for maintenance, do isolation (disconnect a piece of equipment from the flow of chemicals by closing valves), look at quality or reliability metrics, and do rounds. Celanese is an exception.

Packing 69

Packing Supply Chain Design Software Negotiating Skills Supply Chain Planning Software 69

SYSPRO Smarter ERP

JANUARY 13, 2025

A single, integrated system built for the specialized needs of the food and beverage industry enables manufacturers to effectively manage areas such as quality control , compliance, traceability, purchasing, inventory management , warehouse operations, sales and financials. For example, review the systems scalability.

Optimization Software 52

Optimization Software Manufacturing Procurement Supply Chain Planning Software Modeling Software 52

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals.

Supply Chain Planning Software 98

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

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

A recent report The Fictiv 2021 State of Manufacturing report has shown that many companies are in the process of becoming more digitally proficient and organized. It ties into the ERP system where quotes and purchase orders are managed. IM&E companies need to start looking at digitizing operations. Operations.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software ERP Manufacturing Procurement 115