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Do nothing to create shipping efficiencies, and Cost of Delivery will automatically increase

August 14, 2019

Companies increasingly focus cost-cutting efforts on Cost of Distribution, and it’s paying off by quickly reducing net landed cost of goods and improving profitability. Net landed cost of goods, the total cost associated with getting goods into customers’ hands, consists of cost of distribution and cost of manufacturing. To compete and succeed in increasingly competitive marketplaces, manufacturers and brands have historically worked to reduce CoM as a means to reduce their net landed cost of goods.

Spotlight

Institute for Supply Management - Carolinas-Virginia

Founded in 1920 as a professional purchasing association, ISM-Carolinas-Virginia (ISM-CV) is the largest regional supply management and procurement organization in the southeastern United States, and is committed to the ongoing growth and improvement of the profession and our members. Its mission and goals include: Advancement of the profession through education in the fundamentals of production and marketing, effective methods and practices, commodities and their uses, and sources of supply and distribution. Cooperation toward the elimination of trade abuses. Collection and dissemination of beneficial information through trade publications, lectures, conventions and plant visits. Encouragement of amicable and productive relationships among industry professionals resulting in a positive environment for the exchange of ideas. Promotion of supply management and procurement as a profession in such a way as to obtain merited recognition.

OTHER WHITEPAPERS

GLOBAL SUPPLY CHAIN RISK MANAGEMENT PART 1: DIFFERENCES IN ATTITUDES

whitePaper | November 1, 2019

In the fall of 2009 MIT CTL conducted a global survey of supply chain risk experiences, attitudes, and risk management practices. Over 1400 supply chain professionals from 70 countries participated. The survey asked business and supply chain managers their opinions about the importance of risk prevention compared to response preparedness. Overall, 54% of respondents considered risk prevention more important, 30% viewed them as equal, and 16% considered response preparedness more important.

The supply chain gets smarter

whitePaper | June 16, 2020

Supply chains are evolving into more network-like, collaborative ecosystems – with implications for all the parties involved; and opportunities to leverage new technologies to augment traditional supply chain management practices.

Greenshoring: Location Decisions in Reverse

whitePaper | August 5, 2022

Reshoring to replace offshoring—an era of sustainability? Recent results from our five-month survey with internationally active Tier 1 automotive suppliers have shown that CEOs and Heads of Operations and Sustainability are starting to rethink their global footprint. Every supplier involved in our study has a global production network, has previously offshored manufacturing activities to low-wage countries, and is thus exposed to reshoring and sustainability decisions.

Trust Your Supplier

whitePaper | June 20, 2022

This white paper outlines Chainyard’s vision of the future of supply chain management processes, beginning with supplier qualification and onboarding. Reimagining supplier onboarding from the ground up is necessary to leverage critical trends in technology. Key technologies including Blockchain, AI/ML, AR/VR, and IoT will play a significant role in shaping the transformation of supply chains from centrally controlled to decentralized collaborative business networks.

Oracle For SAP TECHNOLOGY UPDATE

whitePaper | August 1, 2022

The relationship of Oracle Corporation and SAP SE has been and is based on a long history, a rich heritage of joint developments and a bright future – for the benefit of our mutual customers. Both companies have had an ongoing commitment to our tens of thousands of joint customers for over 30 years.

REDUCING COSTS WITH BETTER CONTAINER TERMINAL LOGISTICS

whitePaper | November 10, 2022

Container terminals are an essential part of the supply chain for many businesses, and optimizing their logistics can help to improve efficiency and reduce costs. There are a number of factors to consider when optimizing container terminal logistics, including the layout of the terminal, the location of critical facilities, the handling equipment, the management of vessels, and the storage and movement of containers within the terminal.

GLOBAL SUPPLY CHAIN RISK MANAGEMENT PART 1: DIFFERENCES IN ATTITUDES

whitePaper | November 1, 2019