Remove Analysis Remove Optimal Sourcing Remove Survey Remove Trends
article thumbnail

Ditching the data dump: How to optimize reporting processes

SYSPRO Smarter ERP

If you are a finance professional in a manufacturing business, your main goals are to reduce risk, improve profitability, and maintain high levels of compliance. A better way is to connect your Excel reports directly to the data source and get the same reports you used to spend hours or days creating, in minutes. Analysis is limited.

article thumbnail

Top Transportation Technology Trends

Logistics Viewpoints

However, their predictions are based, in part, on a survey of more than 250 global shippers and logistic service providers. The survey covered what technologies they are currently using as well as their planned investments. More advanced solutions include real-time transportation visibility, route optimization, and telematics.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How AI and Machine Learning Changed Procurement Management

CLX Logistics

Procurement management stands at the crossroads of technological innovation and strategic decision-making. As organizations strive to enhance operational efficiency, mitigate risks, and capitalize on emerging opportunities, the role of Artificial Intelligence (AI) and Machine Learning (ML) in procurement has become increasingly prominent.

article thumbnail

Ways to Use AI for Supply Chain Optimization

ShipLilly

As a consequence, NVOCCs, logistics service providers, warehouse operators, and freight forwarders can improve their operations in terms of service quality, efficiency, and pace. Those that have embraced artificial intelligence have reported reduced costs, improved productivity, and more controllable margins or error.

article thumbnail

The Future of Supply Chain: Top 5 Supply Chain Trends in 2024

3PL Links

Image source: Rawpixel | The Future of Supply Chain: Top 5 Supply Chain Trends in 2024 Managing the market’s intricacies will call for a proactive approach that goes beyond simply responding to demands as the halfway point of 2024 draws near. Top 5 Supply Chain Trends in 2024 1. However, technology alone is not sufficient.

article thumbnail

Predictive Analysis in Logistics and Supply Chain: How to Apply

3PL Links

Predictive Analysis in Logistics and Supply Chain: How to Apply | Image source: Pexels In logistics, predictive analysis is simply the process of identifying and forecasting patterns, trends, and behaviors in both human and machine learning approaches, data, and algorithms. How predictive analytics works in logistics?

article thumbnail

Use Digitization to Transform Chemical Supply Chain Planning Copy

CLX Logistics

Supply chain planning aims to ensure that the right products are available at the right place, time, and quantity while minimizing costs and optimizing overall efficiency. It involves analyzing historical data, information such as market trends and other relevant factors, and the knowledge to anticipate future demand accurately.