FreightWaves SONAR

JULY 10, 2023

Businesses are prioritizing the speed of data propagation within their supply chains. This includes sourcing materials, working with vendors, managing warehouses and transportation, and coordinating with retailers to ensure they can meet the changing demands of consumers while remaining profitable. and Target Corp.

Data 52

Data Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 52

FreightWaves SONAR

DECEMBER 15, 2020

A freight spend analysis can help cut those extra costs. Performing a freight spend analysis reveals extra costs deriving from unforeseen issues. Let’s look at a few best practices and steps to conduct a comprehensive, insightful cost analysis. Know the scope and value of a freight spend analysis.

Analysis 59

Analysis Procurement Analytics Optimization Software Optimal Sourcing 59

EazyStock

AUGUST 28, 2023

In the rapidly evolving business landscape, staying ahead of the competition requires more than just good instincts – it demands data-driven decision making. When it comes to inventory management, relying on gut feelings and historical data may lead to inefficiencies, missed opportunities and incorrect inventory levels.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

Log-hub

MAY 22, 2024

In today’s complex and interconnected global economy, managing supply chains has evolved into a sophisticated discipline that requires advanced tools and strategies. Type of Multi-Tier Supply Chain Analytics DESCRIPTIVE ANALYTICS : Involves analyzing historical data to understand past performance and identify trends.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Material Savings Supply Chain Planning Software 52

Log-hub

MAY 22, 2024

In today’s complex and interconnected global economy, managing supply chains has evolved into a sophisticated discipline that requires advanced tools and strategies. Type of Multi-Tier Supply Chain Analytics DESCRIPTIVE ANALYTICS : Involves analyzing historical data to understand past performance and identify trends.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Material Savings Supply Chain Planning Software 52

FreightWaves SONAR

JANUARY 25, 2021

It is a challenge for many shippers and carriers to know where they should put their focus and where the data directs them to go. According to FleetOwner , “ trucking companies must go where the data leads them, not where they think it is going to lead them. Why outdated data hurts carriers in the short- and long-term.

Price Reduction 86

Price Reduction Data Supply Chain Software Supply Chain Planning Software 86

FreightWaves SONAR

MAY 7, 2024

Traditionally, shipping companies have relied on manual tools and processes, predominantly managing their requests for proposals (RFPs) and bids using simple spreadsheets. This approach is cumbersome and fraught with challenges such as limited visibility, inefficient data management and difficulties in bid analysis.

Optimal Sourcing 64

Optimal Sourcing Optimization Software Supply Chain Software Procurement 64

CLX Logistics

MAY 15, 2024

They also recognized the need to look beyond their own data, and wished for experienced input on their procurement strategy. Client Challenges The Company needed to better understand their rates in comparison with the market on a granular level with regards to specific lanes, equipment types, and special requirements.

Optimal Sourcing 61

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 61

3PL Links

MAY 9, 2024

Image source: PickPik | Everything You Need to Know About Smart Warehousing Smart component storage for electronic board assembly is a tactic employed by businesses looking to uphold high standards for their offerings. Accelerating material handling processes can lead to time savings and increased production, which is an additional benefit.

Warehousing 48

Warehousing Optimal Sourcing Inventory Reduction Expense Reduction 48

Logistics Viewpoints

APRIL 10, 2024

For example, an agile supply chain may have real-time data, advanced analytics, decision support tools, and cross-functional teams to monitor, diagnose, and solve problems. Identify the sources, types, and probabilities of potential disruptions, as well as their impacts and consequences for supply chain performance and objectives.

Supply Chain Planning Software 151

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 151

Transporeon

JANUARY 25, 2018

The challenge For many years, Amway had used a generic sourcing tool that only facilitated communications with the company’s carriers rather than providing access to a supplier database and a collaborative environment to conduct sourcing events. The company began searching for a better way to procure freight and manage bids.

Negotiating Skills 48

Negotiating Skills Manufacturing Procurement Cost Reduction Supply Chain Planning Software 48

The Logistics of Logistics

MARCH 25, 2022

He has won two regional Gold Medals from the American Society of Business Publication Editors for government coverage and news analysis, and was voted best for feature writing and commentary in the Trade/Newsletter category by the D.C. Chapter of the Society of Professional Journalists.

Logistics Network Optimization Software 195

Logistics Network Optimization Software Freight Supply Chain Software Supply Chains 195

Logistics Business Magazine

APRIL 18, 2024

Proactively assessing the risks Taking risk assessment seriously and proactively by implementing technologies and insights into supply chain processes can help stay ahead of disruptions and concerns with data-driven decision making. This offers an alternative in the face of challenges that weren’t forecast.

Supply Chain Planning Software 63

Supply Chain Planning Software Supply Chain Software Supply Chains How To 63

Ship Monk

APRIL 16, 2024

The good news is that fraud management tactics and tools are making it easier to prevent, catch, and combat ecommerce fraud. Today we’re going to examine some of the more common types of payment fraud, and the tactics and tools that ecommerce brands can use to stay ahead of the problem. In 2023 alone, ecommerce fraud (a.k.a.

eCommerce 82

eCommerce Modeling Software How To Procurement Solutions 82

GlobalTranz

MARCH 24, 2015

Given that our proprietary TMS, the Cerasis Rater , provides multiple reports, giving our shippers’ many insights, this post is quite appropriate, just like getting the data that is meaningful , in order to make the best decisions for your business possible. . Profits Need More than Benchmarking in your Transportation Cost Analysis.

Purchasing Skills 94

Purchasing Skills Cost Reduction Analysis Procurement Analytics 94

Talking Logistics

APRIL 17, 2018

Again and again, digitization and data were at the heart of panel and networking conversations. Even headline speakers were professing “data got sexy” and data is now a core strategy for companies looking to succeed. Supply Chain Analytics Maturity Model (Source: Hackett Group).

Supply Chain Design Software 68

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Supply Chain Design 68

SYSPRO Smarter ERP

MAY 2, 2024

Why manufacturers should consider AI Generative AI (GenAI) and Machine Learning tools are being added to ERP solutions at a rapid pace, bringing new levels of automation and efficiency to business processes across the manufacturing enterprise. The other emerging area around AI in ERP focuses on trend analysis and forecasting.

ERP 59

ERP Supply Chain Planning Software Modeling Software Optimization Software 59

TransAudit

JUNE 27, 2023

It advances digitization efforts, facilitates data cleaning, and streamlines supply chain planning, procurement, and execution. An absence of good data can lead to significant issues, indicating the importance of a robust approach to data collection and analysis.

Optimal Sourcing 68

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 68

Logistics Viewpoints

MARCH 1, 2021

Once the analysis was done for Year One set up, Year Two was pretty much the same. The introduction of smoke-free products made the use of spreadsheet tools far less efficient in the capacity and sourcing planning as the new product categories had rapid growth. “We The tool was able to create a model going out multiple years.

Supply Chain Design Software 108

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 108

Logistics Viewpoints

NOVEMBER 6, 2023

Suppliers are facing increasing pressure from the buyers of their goods and services to report their environmental, social, and governance data. Increasingly, EcoVadis is becoming known as the go to organization to help corporations accelerate this journey to collect upstream supplier environmental, social, and governance data.

Supply Chain Planning Software 134

Supply Chain Planning Software Resource Reduction Material Savings Procurement Analytics 134

Log-hub

SEPTEMBER 4, 2023

Unprocessed Data : Achieving real-time visibility across the entire supply chain is a challenge due to the speed at which data is generated, processed, and shared. Data-driven Decision-making : Visualization tools aggregate and present data from various sources in a unified manner.

Supply Chain Planning Software 40

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Supply Chains 40

Log-hub

SEPTEMBER 4, 2023

Unprocessed Data : Achieving real-time visibility across the entire supply chain is a challenge due to the speed at which data is generated, processed, and shared. Data-driven Decision-making : Visualization tools aggregate and present data from various sources in a unified manner.

Supply Chain Planning Software 40

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Supply Chains 40

FreightWaves SONAR

DECEMBER 29, 2020

However, the application of such data does not necessarily translate into meaningful improvements within day-to-day operations. Yes, analytics add value, but that value often gets overshadowed by the sheer volume of freight data insights available. And it’s in this space where big data analytics can add the most value.

Data 52

Data Negotiating Skills Transportation Supply Chain Software 52

Logistics Viewpoints

MARCH 25, 2021

Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. The average cost of a data breach reached $3.86

Supply Chain Planning Software 185

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 185

Blue Grace Logistics

JANUARY 9, 2018

‘Big Data’ has become one of the biggest buzzwords lately. While having access to “big data” is all well and good and easy enough if you’re willing to pay for it, turning it into something usable is a different matter altogether. So what is “big data” and how can it be used? A Little Bit of Big Data.

Data 57

Data Waste Reduction Sourcing Strategies Manufacturing Procurement 57

Talking Logistics

APRIL 17, 2019

How are these advancements improving the way data is shared in ocean transportation? Andrew explains that, “Due to regulatory changes, every truck has to have an [ELD] device for tracking data. This data is collected via APIs, eliminating the need for EDI transactions. Timely data is an important factor enabling them to do that.

Data 61

Data Supply Chain Design Software Supply Chain Software Cost Reduction 61

CLX Logistics

APRIL 22, 2024

Whether achieving real-time compliance tracking, navigating market uncertainties through advanced analytics, or reinforcing safety protocols via secure data exchange, the digital revolution within the chemical supply chain emerges as the critical factor in surmounting these difficulties. Data informs transportation capacity and rates.

Supply Chain Planning Software 82

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 82

GlobalTranz

JUNE 29, 2017

Editor's Note: Today's blog comes from Katie Cruze at considerdigital.com who give us the top 5 reasons why data quality is important. Data, for most companies, is often collected for record-keeping purposes. For many companies, managing the quality data can seem like an overwhelming task.

Data 77

Data Waste Reduction Sourcing Strategies Expense Reduction 77

3PL Links

APRIL 5, 2024

Image source: Shipbob | Top 10 Practical Supply Chain Management Tips for Businesses Effective supply chain management becomes an increasingly important sector full of strategic opportunities and difficulties in an increasingly dynamic and complicated network.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Sourcing Strategies 48

Logistics Business Magazine

OCTOBER 1, 2019

Tim Consult has developed the Transport Market Monitor (TMM) into an interactive, web-based analysis tool. The TMM is a unique tool in the market with transport data from additional industries and numerous routes. Moreover, only valid market data from real shipments are included in the TMM.

Logistics Network Optimization Software 28

Logistics Network Optimization Software Tools Transportation Price Reduction 28

TransAudit

JULY 6, 2023

It advances digitization efforts, facilitates data cleaning, and streamlines supply chain planning, procurement, and execution. An absence of good data can lead to significant issues, indicating the importance of a robust approach to data collection and analysis.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 52

Talking Logistics

NOVEMBER 29, 2017

Supply chain and logistics professionals face many challenges, including drowning in data! This is especially true in transportation management, as companies work across many modes, many geographies, and many sources of data, including from GPS and mobile devices. Why is this so important today? “The

Data 60

Data Transportation Logistics Network Optimization Software Supply Chain Software 60

EazyStock

OCTOBER 10, 2018

Big data is a term used to describe a massive volume of both structured and unstructured data that’s too large to be processed using traditional database and software techniques. In most enterprise scenarios, the volume of data is too big, moves too fast and exceeds processing capacity of existing applications.

Inventory Reduction 45

Inventory Reduction Supply Chain Planning Software Inventory Modeling Software 45

Logistics Viewpoints

FEBRUARY 26, 2024

Everything from contrast dye, to tubing, to medical devices with embedded semiconductor chips would suddenly become difficult to source. This analysis surfaced the need for alternative suppliers for these products. What’s Next One of the tools Interos provides is the i-Score.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 150

Logistics Viewpoints

FEBRUARY 14, 2022

ARC Advisory Group, where I work, recently announced the publication of their analysis of the 25 manufacturers with the most mature digital transformations. But transformation also requires culture change enabled by machines and data. ARC’s Industrial Digital Transformation Top 25. This is the inaugural edition of the report.

Supply Chain Design Software 114

Supply Chain Design Software Digital Supply Chain Software Manufacturing Procurement 114

CLX Logistics

DECEMBER 1, 2022

Here are our expert tips for strengthening your operations in preparation for a potential recession through more intelligent budgeting and reevaluated data-driven operation improvements. Benchmarking is a critical tool that all logistics professionals should leverage annually, if not every quarter, to achieve this goal.

Tips 52

Tips Logistics Network Optimization Software Optimal Sourcing Manufacturing Procurement 52

GlobalTranz

MAY 27, 2015

The United States Manufacturing Technology Orders (USMTO) data report is compiled monthly by the Association for Manufacturing Technology (AMT). What is the USMTO Data Report? The full data set is reported by eligible equipment builders and distributors and is provided to all participants in the program at no cost.

Manufacturing Procurement 94

Manufacturing Procurement Procurement Analytics Data Modeling Software 94