The Reality of Digitizing Petrochemical Supply Chains & Logistics

A Group Purchasing Organization (GPO) aggregates the purchasing volume of its members for various goods and services and develops contracts with suppliers through which members may buy at group prices and terms. Despite their distinct advantages, GPOs continue to be widely misunderstood. Learn how to leverage the purchasing power of a group of businesses to obtain discounts from vendors based on the collective buying power of the GPO members and why participating in a GPO is a distinct strategic advantage.

They also discussed how this advancement has increased the risk of cyberattacks and what steps can you take to enhance your cybersecurity strategy. Furthermore, they shared how the last physical obstacle to creating truly ‘contactless’ fleet operation is the physical keys or fobs to access vehicles, and how eliminating the need for physical keys in transport operations streamlines activities.

We will present the results of a recent carrier survey conducted by Transporeon. More than 1,000 road carriers of all sizes from all industries and from across Europe answered survey questions on these and several other key topics: Carrier expectations about current business conditions and revenue development Transport prices and capacities through 2017 and 2018 The preferred proportion of fixed-contract orders and daily spot market allocation

If you purchase expensive equipment for your manufacturing plant, you’d expect to fully utilize it in your operations. For many organizations, SAP is one of their largest and most expensive assets, yet it is not held to this same utilization standard. Much has changed in the last 10 years regarding local and global supply chains. However, how SAP is used has not changed dramatically enough; we still need to turn this “tool” into an “asset.” And SAP should be an asset that helps to increase inventory turns, reduce the cost of operations, increase throughput, and improve service levels. These are all revenue enablers and profit generators.