SYSPRO Smarter ERP

MARCH 20, 2024

Common issues include: Lack of data-source integration. The ability to gather and compare data from multiple sources is vital to making real-time decisions. Storage costs increase significantly when you duplicate data across multiple sources. In recent years, the amount of data available to most companies has exploded.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Expense Reduction Cost Reduction 105

FreightWaves SONAR

MARCH 15, 2021

Supply chain professionals responsible for transportation procurement at Fortune 500 companies focus on three things – budget forecast accuracy, service scores and primary tender acceptance. harder to procure capacity at the benchmark rate per mile ) in both the outbound and inbound directions.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

Logistics Bureau

APRIL 3, 2023

However, I can’t recall writing a general guide about exploiting outsourcing opportunities to improve your supply chain. In this article, I will redress the balance by exploring outsourcing from a more holistic perspective, focusing on ways to consider outsourcing partnerships for improvement throughout the supply chain.

Outsourcing 87

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 87

SYSPRO Smarter ERP

JUNE 9, 2022

Here’s an example. Mid-market manufacturers need a tool that’s tailored to their needs. The BI tool needs to be able to easily pull all this data together for analysis. ERP powered by BI helps generate a detailed and transparent view from a centralized repository that improves operations.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Software 98

Conger

APRIL 1, 2024

Continue reading to learn more about this essential strategy to ensure your equipment performs optimally at all times. Examples include cleaning and lubricating the moving parts or replacing parts before they wear out. Efficiency: Well-maintained machines operate at optimal levels that lead to increased productivity.

Material Savings 82

Material Savings Expense Reduction Resource Reduction Cost Reduction 82

Locus

DECEMBER 7, 2021

A prime example is how governments in the Middle East have begun to rethink food security targets after the disruptions to their food supply chains. Presently, their major focus lies on local production, warehousing and strategic sourcing. For example: poor quality, high costs, high lead time, supplier communication.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Supply chain planning involves interaction with different types of information based on internal and external data sources. This includes internal and external data sources.

Supply Chain Planning Software 157

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 157

Conger

JANUARY 27, 2023

Examples of automation range from a household thermostat to a large industrial control system, self-driven vehicles, and warehousing robots. Programmable automation is code-based, allowing for excellent precision Programmable automation is most used in systems that produce similar items using the same automated steps and tools.

Supply Chain Software 52

Supply Chain Software Examples Supply Chain Design Software Supply Chain Planning Software 52

Logistics Viewpoints

MAY 29, 2024

GTC solutions automate the discovery, creation, retention, analysis, and communication of information about international supply chains that is of importance to customs and other government authorities responsible for regulation and taxation of cross-border trade. But paying the right tariffs is far from simple. HS codes are non-intuitive.

Compliance 123

Compliance Supply Chain Software Optimal Sourcing Optimization Software 123

Trinity Logistics

OCTOBER 31, 2021

While a TMS might seem daunting and expensive, it’s become an essential tool for businesses to be successful. Transportation management affects every part of your logistics process, from planning to procurement and more. Optimization. The optimization engine of the TMS allows for dynamic, static, and closed-loop routing.

Optimization Software 97

Optimization Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 97

SYSPRO Smarter ERP

MAY 2, 2024

Ever-evolving business requirements are another strong influencer as manufacturers strive to improve business processes and efficiencies. This market growth is being propelled by the drive to improve operational efficiencies, the competitive advantages to be gained by adopting cloud-based ERP and the benefits offered by AI and ML.

ERP 59

ERP Supply Chain Planning Software Modeling Software Optimization Software 59

Logistics Viewpoints

APRIL 10, 2024

For example, a robust supply chain may have backup power generators, firewalls, security systems, and emergency plans to prevent or mitigate the effects of disruptions. 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.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 150

Logistics Viewpoints

SEPTEMBER 19, 2023

Supply chain executives must evolve from cost and service as the key objectives for optimal demand-supply balancing towards the “quadfecta” of cost, service, resiliency, and sustainability. The bullwhip effect is one example of this disruptive effect, when small changes in demand cause huge demand spikes downstream.

Supply Chain Design Software 139

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 139

Logistics Viewpoints

JANUARY 23, 2024

This year, a recurring theme that I saw was about using supply chain data to improve the customer experience across the entire value chain. The most interesting thing that Blue Yonder is doing from an OMS standpoint is driving promising and pre-sourcing to retailers. There were two use cases that I found interesting.

Supply Chain Planning Software 126

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 126

CLX Logistics

JULY 26, 2021

Let’s look at the facts – the percentage of supply chain managers using new analytics tools and services to develop better bidding strategies has increased from 17% in 2017 to more than 30% in 2020. 1 As the ability to strategize bidding continues to improve and keep shippers competitive, that number will continue to grow.

Material Savings 40

Material Savings Sourcing Strategies Cost Reduction Inventory Reduction 40

Blue Grace Logistics

AUGUST 12, 2021

For example, in a flight, the wind and its direction are also considered. How Technology Can Improve ETA. Today, many companies have already launched AI tools to improve the prediction of maritime and land transport operations. For example, consider drayage movement. Why Are Accurate And Reliable ETAs important?

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Modeling Software Optimization Software 62

SYSPRO Smarter ERP

MARCH 28, 2024

Decision-making framework The recommended way to start moving towards data-driven decisions is to compile a data catalog to understand the data landscape, and to then decide on what data can improve your decision making capability. You don’t want data that could create analysis paralysis. The work to get this has to be collaborative.

Manufacturing Procurement 52

Manufacturing Procurement Data Supply Chain Planning Software Optimal Sourcing 52

FW Logsitcs

FEBRUARY 5, 2024

Common Tools and Technologies Used for Temperature Control Leading temp-controlled warehouses utilize complex refrigeration equipment, insulation techniques, and specialized digital tools to maintain interior climate conditions. However, they enable safe, efficient cold chain distribution for perishable and pharmaceutical items.

Supply Chain Design Software 52

Supply Chain Design Software Optimization Software Optimal Sourcing Supply Chain Software 52

Logistics Viewpoints

JULY 17, 2023

For example, it can look like imports from China are cheaper than the same goods imported from Mexico if a company is not relying on analysis produced by an advanced good global trade compliance (GTC) system. Global trade compliance really needs to be part of companies strategic sourcing programs. For example, the U.S.

Supply Chain Planning Software 113

Supply Chain Planning Software Compliance Supply Chain Software Optimization Software 113

GoShip Blog

JUNE 16, 2021

AI in supply chain and operations can efficiently handle data for analysis and automated functions. In particular, AI can help in demand forecasting, warehousing, and logistics route optimization: By efficient collection and analysis of information and inventory processing . Improved supplier relationship.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 52

Logistics Viewpoints

OCTOBER 5, 2021

We watched as customers adopted new warehousing and transportation processes, new delivery modes, new technology tools and even entirely new network models that helped them succeed in the constantly changing “next normal” state that characterized 2020 and 2021. More Than Ever, Acting Sustainably Makes Good Business Sense.

Optimal Sourcing 127

Optimal Sourcing Resource Reduction Supply Chain Software Supply Chain Design Software 127

SYSPRO Smarter ERP

SEPTEMBER 20, 2021

For example, before the pandemic, companies could get by with analog machines, paper-based systems, and disconnected point solutions. And scheduling must be precise and optimized — you want to use every available minute to ensure that machines are never sitting idle. Manufacturers need a single source of accurate information.

Manufacturing Procurement 110

Manufacturing Procurement Optimal Sourcing Optimization Software Digital 110

GlobalTranz

APRIL 20, 2021

A resilient supply chain incorporates alternative sources, carriers, routes, and other characteristics so that it can flex in response to a situation. To increase resiliency, consider broadening the supplier base and adding local or near-shore sources. Pricing may vary significantly based on carriers and lanes and capacity constraints.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

SYSPRO Smarter ERP

NOVEMBER 30, 2021

Yet, due to inadequate physical and digital infrastructure, many manufacturers lacked the flexibility they needed to take advantage of accelerated demand and were unable to optimize fulfillment. Manufacturers can use forecasting to support inventory optimization. Legacy systems:? Stay Agile, Get Ahead.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Manufacturing Procurement 105

GlobalTranz

NOVEMBER 17, 2016

Supply chain leaders must be ready to implement big data and leverage it to improve their companies without any delay or inhibition This may sound impossible and frightening, but they must only understand how big always goes back to these two, simple principles of measurement, review, and action. However, the fundamental problem remains.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Software Procurement Solutions Supply Chain Design 115

EazyStock

APRIL 13, 2022

Considering every phase in the supply chain, such as sourcing goods, logistics and delivery, the strategy optimizes operations to reduce costs and maximize profits. A good supply chain strategy is about fulfilling demand, driving customer value, improving responsiveness, facilitating financial success and building a good network.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 52

SYSPRO Smarter ERP

NOVEMBER 13, 2023

One of the big challenges facing manufacturers is inadequate reporting and analysis capabilities. Business intelligence (BI) and ERP (enterprise resource planning) software are both important technologies for businesses that want to improve their performance and gain insights from their data.

ERP 64

ERP Manufacturing Procurement Inventory Reduction Optimal Sourcing 64

Ship Monk

APRIL 5, 2024

The fact is, most business owners think of procurement as nothing more than a transactional relationship. So much attention is paid to negotiating the price of the goods and coordinating the delivery that very little thought goes into the quality of the relationship and how improving it might help you both. If so, good on you!

Negotiate Pricing 82

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 82

GlobalTranz

JULY 7, 2017

Editor's Note: Today's is blog is from Nicole Lewis who shows us the steps for smarter logistics planning optimization. However, contemporary business affairs feel an increasing need not only in logistics planning optimization but also in it as a whole procedure. Logistics planning optimization, evaluation of results and monitoring.

Optimal Sourcing 25

Optimal Sourcing Supply Chain Planning Software Optimization Software Logistics Network Optimization Software 25

AIMMS

NOVEMBER 2, 2020

This can result in different teams using different data formats, diverging results from data analysis, and hence poorly aligned decision making. In such cases, it’s hard to align the team around a common source of truth. Let’s take the example of a large fiber manufacturer. S&OP Maturity Matrix.

Supply Chain Planning Software 127

Supply Chain Planning Software Purchasing Skills Cost Reduction Optimal Sourcing 127

Stord

APRIL 4, 2022

There are few tools in the industry that can also utilize what-if analysis to plan for segments of the year - such as seasonality, peaks/valleys based on marketing campaigns, or regional opportunity planning. 2020 sales plus 20%). This helps customers increase revenue opportunities, and reduce their risk on the cost of inventory.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Optimization Software 78

Logistics Viewpoints

FEBRUARY 26, 2024

Cooper University Health Care Relies Upon Real-time Alerts to Improve Operations Cooper University Health Care, like most companies, struggled with their supply chain during COVID. Cooper uses this solution to improve their service levels and operational efficiencies. A customer of the risk solutions begins by listing key suppliers.

Supply Chain Planning Software 150

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

Material Handling and Logistics

AUGUST 10, 2018

But I often see companies that have more cutting tools, for example, than they need. Machinists may set aside a box of inserts and drills at their work stations, for example, to ensure they don’t run out. If a specification changes or new tools come online, this excess inventory may end up in the trash. Too Little.

Negotiate Pricing 90

Negotiate Pricing Negotiating Skills Purchasing Skills Procurement Solutions 90

Transporeon

MARCH 16, 2015

BSH Group, manufacturer of domestic equipment, has strongly improved its transportation tendering and planning processes. Optimized tender processes The first step in the worldwide optimization project was the implementation of Ticontract, the tendering platform of the Transporeon group. All this is done webbased.

Optimal Sourcing 48

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Groups 48

EazyStock

JANUARY 6, 2023

As costs increase with inflation at its highest in over 40 years, now is the time to review your current situation to understand where you can improve efficiency or reduce costs. ABC/XYZ analysis can help identify the most valuable items to your business. You can read more about demand forecasting techniques in our article.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

EazyStock

JANUARY 6, 2023

As costs increase with inflation at its highest in over 40 years, now is the time to review your current situation to understand where you can improve efficiency or reduce costs. ABC/XYZ analysis can help identify the most valuable items to your business. Improving forecast accuracy. Getting the basics right.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

IoT World Today

MAY 21, 2020

Increasing supply chain data visibility is a priority for logistics organizations looking to improve resilience. Supply chain recovery hinges on incorporating robust data analytics and other data-driven tools into business operations to increase efficiency, reduce costs and proactively manage risk. Supply Chain Faces Perfect Storm.

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 145