Spend Matters

OCTOBER 18, 2022

In this piece, we talk to Julie Gerdeman, CEO of Everstream Analytics, a risk analytics provider that features logistics risk management, predictive insights and weather forecasting capabilities. ( Read more. ).

Supply Chain Visibility 70

Supply Chain Visibility Risk management Procurement strategies Supply chain management 70

Spend Matters

SEPTEMBER 26, 2022

Categories: Analysis , Procurement Systems & Architecture , Spend Management , Supply Chain , Supply Chain Management , Trade Financing Tags: PRO This Spend Matters PRO Vendor Analysis gives an overview of Trax, a Transportation Spend Management (TSM) solution.

Spend management 62

Spend management supply chain budgeting Supply Chain Optimization Management 62

Spend Matters

OCTOBER 10, 2022

Categories: Accounts Payable , Procurement Systems & Architecture Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of the AP automation vendor OpenEnvoy and its real-time AP automation solution. Other intricate industries that OpenEnvoy can process include manufacturing, media and commodities.

Real-time Visibility 53

Real-time Visibility Logistics Buyers Data 53

Spend Matters

MAY 17, 2023

Categories: Supplier Risk and Compliance Management Tags: PRO In this Spend Matters PRO Vendor Analysis, we provide an overview of Craft and its solution for supplier intelligence. Here’s why Craft matters: To the market — Craft follows the new trend in supplier risk; it considers ESG and logistical problems, instead of just financials.

Suppliers 65

Suppliers Buyers Risk Procurement team 65

Spend Matters

FEBRUARY 13, 2023

Even if logistics teams are more responsible for operational fulfillment, procurement still has a massive impact on it in terms of the initial design of the supply network (Design For Supply) and in the contracting of conditions (prices, Incoterm, MOQ, etc.).

Risk management 71

Risk management Supply Chain Optimization Risk Supply chain 71

Spend Matters

JULY 25, 2022

Categories: Solution Providers , Spend Management , Supply Management , Technology Tags: Coupa Inspire , EU , supply We are witnessing a pivotal change in the market for some of the big source-to-pay (S2P) suite players (like Coupa, SAP and their peers) as they move toward a broader platform and ecosystem approach. It’s a fair question.

Supply Chain Optimization 78

Supply Chain Optimization Spend management Management Supply 78

Supply Chain Game Changer

AUGUST 27, 2020

Information technologies support the logistics of operations, internal or production. With the advancement of technology, the logistics process has been automated and accelerated as well. The Spread of Big Data in Logistics. What is the Digital Supply Chain? application in the company and the existing technology at all times.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Supply chain 52

Supply Chain Opz

DECEMBER 8, 2014

This article is a guest commentary from Prof Ming K Lim who is Head of Centre of Excellence for Supply Chain Improvement and Professor of Supply Chain and Logistics Operations at Derby Business School. The technology uses tags of different size, shapes, frequencies, and operating powers to achieve specific results for different applications.

Real-time Visibility 51

Real-time Visibility supply chain budgeting Logistics Supply chain 51

Procurement Tactics

JUNE 8, 2023

While it is undeniable that warehouse automation projects come with a price tag, they often provide a quick return on investment (ROI). It should be capable of accommodating the addition of more warehouses, employees, equipment, and new partnerships in the supply chain, such as third-party logistics (3PLs) or drop shippers.

supply chain software solutions 178

supply chain software solutions Warehouse operations Order Fulfillment Inventory 178

FourKites

DECEMBER 23, 2020

While holding excess safety stock of finished goods ensures that companies always have enough materials on hand to meet customer demand, it comes with a huge price tag. Sometimes alerting a customer to potential delays in advance can eliminate the need for drastic changes to your logistics plan, and help you avoid unexpected costs.

Supply Chain Efficiency 52

Supply Chain Efficiency Real-time Visibility supply chain budgeting Supply Chain Optimization 52

SCMDOJO

JUNE 6, 2023

By using Internet of Things (IoT) devices, sensors, and RFID tags, businesses can gather and perform data analysis on location, condition, and so on. Businesses use data on logistics and operational expenses to detect inefficiencies, negotiate better pricing with suppliers, and potentially reduce overall costs.

Supply Chain Optimization 72

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency supply chain software solutions 72

Supply Chain Game Changer

JUNE 25, 2020

Supply Chain Orchestration platforms are a non-invasive option that offer a wealth of other “new normal” benefits, like helping you scale your omni-channel and e-fulfillment initiatives, differentiate your services, and add reverse logistics and/or service parts management as part of your value chain.

Agile and Lean Supply Chain 54

Agile and Lean Supply Chain Supply Chain Optimization Supply chain Supply 54

Procurement Heads

JANUARY 25, 2023

At the beginning of my career, I was in a large manufacturing environment and one of the things I enjoyed the most was going to the floor to see the processes and the logistics surrounding how we would deliver products. The first new major vessel is set to enter into service no later than 2029, currently tagged for 2026.

Sustainability 130

Sustainability Supply Chain Efficiency Influencing Supply chain 130

SCMDOJO

AUGUST 16, 2023

Utilizing Walmart’s Own Trucking System and Cross-Docking Logistics Another critical factor contributing to Walmart’s supply chain success is the utilization of its private trucking system and cross-docking logistics.

Supply Chain Efficiency 75

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Supply chain 75

Supply Chain Opz

JANUARY 22, 2016

Mike Skinner, Vice President, CLX Logistics Technologies Without question, one of the most significant game changing technologies in the past 12 months and looking forward at the next 18 months is TMS – to which you say “big deal” and I say, “true plug-and-play (SaaS/Cloud) global TMS integrated with global trade and customs execution”.

Supply Chain Efficiency 49

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization Supply chain 49

Supply Chain Game Changer

JANUARY 17, 2019

You can use handheld scanners and radio frequency identification tags to simplify this process. distribution #logistics #warehouse #productivity #lean #supplychainmanagement. Automating data collection also reduces costly errors like inaccurate data entry. Warehouse automation technology is already a $1.9

Supply Chain Efficiency 82

Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions Inventory 82

Procurement Software

JANUARY 16, 2024

Firstly, we don’t have Marketing on our tag team as a creative outlet. Hiring someone from Marketing, Operations, IT or Logistics into Procurement will solidify and strengthen your team, not weaken it. But with a couple of key differences. OK, so you can argue that we don’t need to create brand awareness and values for our suppliers.

Procurement 52

Procurement Procurement team supply chain budgeting Budget 52

Supply Chain Game Changer

APRIL 29, 2021

Besides, with the help of GPS and geo-tagging, shipments are constantly getting tracked. when implemented widely, will eliminate needless production costs, improve the logistics of products/services, reduce cycle times, increase throughput, and improve quality. Industry 4.0, Source: supplychaindigital.com.

Supply Chain Optimization 135

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 135

Spend Matters

JUNE 19, 2023

See ‘ Sourcing Optimization ‘ for the sourcing of direct services such as complex logistics. Tasks and milestones can be defined against projects by simply tagging stuff to a project ID/name, include dependencies and be tracked in terms of status and progress. Sourcing events can be linked to a related project or program.

Sourcing 72

Sourcing Bidding Price Suppliers 72

The Network Effect

JULY 3, 2014

A cloud-based planning layer can enable the sharing of all data, for example the S&OP data discussed earlier in the first two posts, across key stakeholders: manufacturing, distribution, logistics, retail, sales, marketing, brand management etc. You know exactly how many you have, and where each one may be in the world at any given time.

supply chain software solutions 54

supply chain software solutions Supply chain Networking Supply 54

Supply Chain Brain

APRIL 30, 2018

Jatusripitak said the work will transform the EEC into “a smart logistics hub.” The recent seminar in Bangkok, entitled “Thailand Taking Off to New Heights,” was just one of many events and meetings to be staged for foreign investors, who will be expected to shoulder a hefty portion of the price tag for the nation’s 20-year development plan.

Leadership 40

Leadership Export Innovation Strategy 40

Supply Chain Game Changer

MAY 6, 2021

RFID tags (radio frequency identification tags) are already in use and will become a much more disruptive influence. One technology that facilitates this is the RFID tag. RFID tags are already used in warehouses, on assembly lines, and in retail. RFID tags are more expensive than barcodes. Automated Warehouses.

supply chain budgeting 98

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization supply chain software solutions 98

IBM Supply Chain Blog

APRIL 18, 2024

While cost wasn’t the primary driver, it reflects a growing belief that the value generated by gen AI outweighs the price tag. This approach also serves to tailor solutions to specific use cases, avoid vendor lock-in and capitalize on rapid advancement in the field.

Data 95

Data Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 95

Supply Chain Game Changer

FEBRUARY 10, 2022

RFID technology can allow different stakeholders and partners in the same supply and logistics chain to integrate their data management systems with warehouse management software systems. RFID doesn’t require that the asset or item be within the line of sight of a scanner for it to capture the data in the RFID tag.

Supply Chain Efficiency 80

Supply Chain Efficiency Supply Chain Optimization supply chain software solutions Supply chain 80

Supply Chain Game Changer

NOVEMBER 17, 2022

The subject of logistics is not one that often reaches the uppermost levels of business media headlines. One result of the current surge in interest in logistics includes potential solutions and workarounds for all the latest snafus, blockages, holdups, and delays in the movement of huge amounts of goods across oceans. How is it done?

Supply Chain Optimization 92

Supply Chain Optimization Supply Chain Efficiency Supply chain Route optimization 92

World of Procurement blog

MAY 8, 2024

Effective supply chain management (SCM) provides numerous benefits: Increased Profitability Efficient SCM reduces costs associated with production, inventory holding, transportation, and logistics. Deliver Delivering products involves warehousing, order processing, transportation, and logistics.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply chain management Supply chain management Supply Chain Optimization 40

Let's Talk Supply Chain

MAY 3, 2023

Fulfillment Plus Value Added Services: A Magic Formula Renewal Logistics handles warehousing and distribution as most 3PLs do, but where we are very different is that we are the ONLY 3PL that I know of in the US that also does Value Added Services projects at scale. Watch the podcast episode where we take a full dive with Renewal Logistics.

Quantity 52

Quantity Logistics Inventory Quality 52

Supply Chain Game Changer

NOVEMBER 23, 2018

especially procurement and logistics?—?in For this reason, blockchain technology has been viewed as the perfect match for business application within procurement and logistics. Blockchain technology won’t just enhance the way procurement and logistics professionals work today; it poses the ability to reshape the functions entirely.

Supply Chain Efficiency 50

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 50

Jaggaer

FEBRUARY 25, 2020

As far back as 2011, Material Handling & Logistics reported that more than 50% of large businesses and 25% of their suppliers found that carbon reduction activities actually reduced costs. With automated updates for regional legislation and features like item tagging for green suppliers, a dedicated tool can greatly ease the process.

Sustainability 71

Sustainability supply chain budgeting Supply Chain Efficiency Procurement 71

IBM Supply Chain Blog

AUGUST 8, 2023

Whether you’re dealing with logistics, supply chains, audits, IT service management , maintenance operations, personnel management or even wellness programs, a comprehensive asset management solution can strengthen business functions, improve quality and efficiency and ultimately increase profits.

supply chain software solutions 53

supply chain software solutions Real-time Visibility Management Supply Chain Optimization 53

Supply Chain Game Changer

NOVEMBER 23, 2018

RFID Tags: Radio-frequency identification (RFID) tags, are?—?arguably?—?one In a Harvard Business Review article from 2010, the RFID tag technology was introduced to the masses, explaining that the grain-sized tag could be implemented in or on products to improve the traceability and visibility throughout the product lifecycle.

Supply Chain Efficiency 47

Supply Chain Efficiency Supply chain Supply Real-time Visibility 47

Supply Chain Game Changer

NOVEMBER 14, 2018

Buying clothes for an occasion, tucking in the tags, and returning them to the store the next day has been the strategy of thrifty shoppers for many years. Check out What Exactly Is Reverse Logistics? SCM #SupplyChain #supplychainmanagement #logistics #returns #reverselogistics.

Logistics 47

Logistics Purchasing Supply chain Strategy 47

Supply Chain Game Changer

DECEMBER 4, 2019

And earlier this year, we were recognized by Logistics Tech Outlook in their Top 10 Transport Management Solution Providers. Our CEO Kurt Johnson explains, “Our customers want one login for all logistics management, including inbound and outbound freight across parcel, LTL, FTL, ocean, and international air.

supply chain software solutions 53

supply chain software solutions Innovation Management Real-time Visibility 53

Supply Chain Game Changer

NOVEMBER 16, 2018

It might sound small but ticket tagging and re-routing can be a massive expense for small businesses – costs that can be saved with machine learning. Check out The Top 5 Impacts of Artificial Intelligence (AI) in Logistics! Technology #AI #IoT #SCM #SupplyChain #Logistics #Business #Leadership. The next big thing?

Supply Chain Optimization 93

Supply Chain Optimization supply chain software solutions Data Logistics 93

Supply Chain Game Changer

DECEMBER 17, 2020

Some companies fetch data easily through embedded systems, such as sensors and radio-frequency identification (RFID) tags. If we were to pick a digital innovation that could be considered a useful and game-changing tool for the supply chain and logistics industry, it would be blockchain technology. Replacing manual processes.

Supply Chain Efficiency 53

Supply Chain Efficiency Supply chain Supply Raw materials 53

Supply Chain Game Changer

NOVEMBER 18, 2018

Further, it is said that the shepherd told monks from the nearby monastery about his new discovery, but they tagged the beans as “Devil´s work” and hurled them into a fire. SCM #SupplyChain #Freight #Logistics #Retail #Coffee #Business #Leadership #Tea. Check out The Journey of One Banana! A Supply Chain in Motion! Infographic) .

Supply Chain Optimization 49

Supply Chain Optimization Supply Chain Efficiency Supply chain Supply 49

Supply Chain Game Changer

DECEMBER 6, 2018

OSHA also advises that workers attending to stations should have the right PPE, be properly trained and have lock-out/tag-out (LOTO) options for de-energizing hazardous charging stations. SCM #SupplyChain #logistics #distribution #warehousing #supplychainmanagement #safety. Use the Right Warehouse Racking. Check out [link].

Risk 65

Risk Import Supply Chain Efficiency Management 65