Sat.Dec 09, 2017 - Fri.Dec 15, 2017

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Grocers Fining Shippers for Late Delivery – Advanced TMS Scheduling to the Rescue!

Supply Chain Collaborator

Retail industry shippers have been faced with tough on-time mandates from their customers for some time now. Consider the Walmart-inspired Must Arrive by Dates (MABD) that have been adopted by numerous other non-Benton-based businesses. Following in this tradition, the Wall Street Journal recently reported that increasing numbers of grocers are now levying fines on suppliers whose shipments arrive late costing the grocery industry a reported $75 billion a year!

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Top tips to forecast your savings

Market Dojo

As a procurement team, you’re expected to deliver savings. Hence one of your key activities at the beginning of the financial year is to forecast how much you shall achieve. This is where things get both tricky and diverse! In our many years in the procurement industry, we’ve seen several approaches to this. Some procurement leaders devolve the task to the individual team members, a sensible move given they usually have knowledge of the intricate details.

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Barriers to Adopting Reverse Auctions

Market Dojo

Market Dojo recently conducted a study into the barriers of adopting reverse auctions. This research featured results from a range of different procurement professionals and covering a wide variety of topic areas. The infographic presents finding on the categories and aspects of categories that present barriers including: Working Knowledge. Category Suitability.

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The Development of Spend Data Analysis

Market Dojo

Eddie McGeachie offered to write a guest blog for Market Dojo. Eddie is the co-founder of Seaforth Analytical Services. They are data analytics specialists providing spend analysis on big data. Eddie’s background comes from years working at Lenovo, Xchanging, IBM and his experience with numerous blue chip companies. Big Data Analysis – Past, Present and Future.

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Load Optimization: A Sustainable Way To Reduce Transportation Costs

Discover strategies to optimize load building and achieve significant transportation cost savings. Plus, learn how load optimization can help reduce CO 2 emissions and align with climate regulations and consumer expectations. Finally, discover best practices for sustainable load optimization.

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Market Dojo – Building an ecosystem

Market Dojo

Market Dojo’s latest release brings the ability to share data seamlessly with other solutions via what is known as an API. The first integration has been achieved with Per Angusta on the back of two significant client wins, proving the appetite in the market for best-of-breed integrated solutions versus single-source suites. Per Angusta. We have been partners with Per Angusta for several years and share several customers.

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eSourcing should be mandated

Market Dojo

When a salesperson starts to work within a company, it is generally accepted they would use a CRM system. Is it mandated? Perhaps not specifically but it is expected and it is needed for forecasting and tracking conversations. When a finance person starts with a company, do they have systems they have to use? Absolutely and again there is more of an expectation then it being mandated.

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Modern Slavery – It’s time to Act

Market Dojo

In June, I attended the CIPS Gloucester branch event on Modern Slavery, which was presented by the hugely enlightening Andrew Wallis, OBE & CEO of Unseen. Unseen is a charity with the aim of working towards a world without slavery. It was shocking to learn how rife modern slavery is, even in the UK, with an estimated 21 million people worldwide the victims of forced labour.

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Introducing the LAVERGNE PROCUREMENT MATRIX

Market Dojo

We recently encountered an article on Linkedin by Rémy de Lavergne, a highly experienced procurement professional with a specialism in Logistics. Rémy had clearly put some thought into what made a ‘good’ buyer and went a step further by categorising them by key attributes. We couldn’t resist having a call with Rémy to understand this further, which led to this introductory article on our blog.

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Market Dojo announce Quick Quotes

Market Dojo

Market Dojo is currently in the process of developing a “Quick Quotes” tool that will enable users to run efficient RFxs at a highly reduced cost that has very little barriers to adoption for both buyers and suppliers. Currently, eSourcing adoption is generally limited to complex tenders and eAuctions with the majority of small tenders (<£20k) still being carried out through email.

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