Locus

AUGUST 2, 2022

” – Drivers of online purchases in the U.S. Some emerging trends around last-mile delivery fulfillment models. Let’s explore the four emerging trends around last-mile delivery fulfillment models that have gained traction among modern business enterprises. ” with “Direct delivery to my home.”

Modeling Software 52

Modeling Software Optimization Modeling Modeling Trends 52

SYSPRO Smarter ERP

NOVEMBER 30, 2021

It provides the facility to analyze forecasting errors, share data between departments such as procurement, identify sales trends and seasonality. Other related tools such as Pareto analysis identify which products are most profitable and hence those you should focus your attention on. Stay Agile, Get Ahead.

Supply Chain Planning Software 105

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

Locus

SEPTEMBER 24, 2021

Before preparing themselves for peak season sales, businesses should know the upcoming trends so that they can devise effective strategies. The first step towards building your logistical capabilities for peak season is knowing the recent trends. Here are the top six trends that businesses can expect during the 2021 holiday season.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 52

SYSPRO Smarter ERP

MAY 30, 2022

Using ERP to improve purchasing transparency. Purchases that are made outside the defined procurement process fall under dark purchasing. This may happen if someone with purchasing authority neglects to submit expenses properly. Such uncontrolled spending can ultimately be expensive for the business.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 105

GlobalTranz

MAY 4, 2015

Jabil sponsored a global Dimensional Research survey to capture hard data on current experiences, challenges and trends with the supply chains of electronics manufacturing companies. The results show some of the biggest supply chain management trends in supply chains for 2015.

Supply Chain Software 120

Supply Chain Software Manufacturing Procurement Supply Chains Trends 120

3PL Insights

SEPTEMBER 20, 2021

Yet the ATA Trucking Tonnage Index has proven to be a valuable tool in evaluating the state of the U.S. More goods being purchased lead to more shipments to fill the orders which increase overall tonnage. This process allows analysts to map clear trend lines of tonnage growth or loss over time. Importance of Tonnage.

Trucking 92

Trucking White Paper Procurement Analytics Trends 92

SYSPRO Smarter ERP

MAY 30, 2022

Using ERP to improve purchasing transparency. Purchases that are made outside the defined procurement process fall under dark purchasing. This may happen if someone with purchasing authority neglects to submit expenses properly. Such uncontrolled spending can ultimately be expensive for the business.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 98

SYSPRO Smarter ERP

SEPTEMBER 1, 2022

While the concept of reshoring, also known as onshoring, has been a growing trend over the past decade, when the pandemic hit it introduced risk in a way that wasn’t previously considered. Tools and moulds will need to be retrieved and intellectual property (IP) rights are tricky when it comes to ownership.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies Supply Chain Software 105

3PL Links

MAY 3, 2023

According to a report, just 21% of purchasing executives grasp the difficulties of lack of visibility in the supply chain, which becomes even more crucial when the entire chain is struggling to ensure output and satisfy input demand. Read also: Revolutionizing the Industry: Discover the Top 3 Logistics Trends for 2023!

Sourcing Strategies 62

Sourcing Strategies Inventory Reduction Material Savings Cost Reduction 62

GlobalTranz

JANUARY 4, 2016

As we head into a new year it is a good time to take a look at the coming year and see what it may hold in the way of trends. We kick off today a month-long focus on trends in the following categories: Manufacturing, Manufacturing Technology, Supply Chain, Logistics, and Transportation Management. Do you have the right people in place?

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 91

GoShip Blog

AUGUST 18, 2022

Businesses selling items like furniture, cars, and electronics have long allowed customers to pay off major purchases in instalments. The growing trend of Buy Now, Pay Later . Over the past few years, BNPL has transitioned from a niche payment method to one of the fastest-growing finance trends. How it works .

Procurement Solutions 52

Procurement Solutions Purchasing Skills Procurement Analytics Purchasing 52

Transporeon

FEBRUARY 12, 2019

And just in time: We’ve seen some interesting bidding trends over the last year or so, especially in the domestic trucking industry, where: 2017-2018’s lack of trucking capacity—a large part of shippers’ bidding activity—meant shippers went to bid not only earlier, but in much greater volume than previous years (a 15% YOY increase in 2018).

Optimization Software 48

Optimization Software Modeling Software Logistics Network Optimization Software Optimal Sourcing 48

Transporeon

FEBRUARY 12, 2019

And just in time: We’ve seen some interesting bidding trends over the last year or so, especially in the domestic trucking industry, where: 2017-2018’s lack of trucking capacity—a large part of shippers’ bidding activity—meant shippers went to bid not only earlier, but in much greater volume than previous years (a 15% YOY increase in 2018).

Optimization Software 48

Optimization Software Modeling Software Logistics Network Optimization Software Optimal Sourcing 48

FreightWaves SONAR

APRIL 9, 2024

Have you purchased some type of technology in the past year to support your business? SONAR itself is an amazing tool to help users see market trends, forecast for upcoming quarters and make more informed decisions, but we know that the true value is not just in the data itself, but also in understanding how to use it.

Procurement Solutions 59

Procurement Solutions Data Course How To 59

EazyStock

AUGUST 28, 2023

In this blog, we’ll explore the untapped potential of data-driven inventory management. If that’s your reality, you’ll identify with the leading precision engineering cutting tool distributor, Cutwel. Historical purchasing data, coupled with real-time sales insights, helps businesses predict future demand with greater accuracy.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

SYSPRO Smarter ERP

MAY 23, 2022

Implementing an ERP system that is optimized for inventory management automates necessary functions so that stock purchasing and organizing are in sync. This also improves inventory forecasting and enables organizations to draw up trends. To stay ahead of the curve, manufacturers need to utilize the right tools to boost efficiency.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing ERP Optimization Software 105

Locus

OCTOBER 21, 2022

Between the Covid-19 waves, a trend emerged in the US and the rest of the world that earned the popular name of ‘revenge shopping’. Now almost two years since the black swan event, the trend continues, evolving into much grander, ‘revenge festivities’. Talk to Our Experts. What to anticipate during year-end festivities? Schedule Demo.

Supply Chain Planning Software 52

Supply Chain Planning Software Meeting Optimal Sourcing How To 52

EazyStock

NOVEMBER 17, 2020

ERP systems typically allow companies to undertake tasks such as purchasing, production planning, service delivery and customer management – all from one single platform. To remain competitive they know they need the tools to ensure the right stock is in the right place at the right time.

ERP 98

ERP Inventory Reduction Inventory Optimization Software 98

SYSPRO Smarter ERP

MAY 10, 2022

By using business analytics tools in the forecasting process, the quality of forecasts can be assessed and trends analyzed. Using kitting, an ERP system can establish which jobs need to be raised, as well as what items ought to be purchased to complete the assembly.

Manufacturing Procurement 111

Manufacturing Procurement ERP Procurement Solutions Optimal Sourcing 111

Ship Monk

NOVEMBER 30, 2023

Fortunately, most metrics are tracked automatically, using tools and software systems you may already have. We recently covered KPIs for Ecommerce Businesses in another blog post. There are distribution metrics , fulfillment metrics , marketing metrics — metrics for every part of your business. What is a KPI? A KPI is a metric.

Procurement Analytics 64

Procurement Analytics eCommerce Procurement Solutions Manufacturing Procurement 64

Ship Monk

AUGUST 30, 2023

According to an ongoing study of 3,036 Shopify stores, the average conversion rate (visits that resulted in purchases) in 2022 was 1.3%. You can also track conversion rates for other actions you want customers to take, such as email signups or social followers, but an ecommerce conversion rate commonly tracks those that result in a purchase.)

eCommerce 52

eCommerce How To Procurement Analytics Purchasing Skills 52

EazyStock

OCTOBER 31, 2022

If a product isn’t available for customers to purchase because it’s out of stock, they will likely turn to a competitor and might not return. Demand sensing You should also research general industry information about industry trends, market conditions, and economic changes. Losing multiple customers will significantly impact revenue.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52

EazyStock

OCTOBER 31, 2022

If a product isn’t available for customers to purchase because it’s out of stock, they will likely turn to a competitor and might not return. You should also research general industry information about industry trends, market conditions, and economic changes. Losing multiple customers will significantly impact revenue. Demand sensing.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52

GlobalTranz

JANUARY 5, 2016

Yesterday we began our two part series on 2016 supply chain trends that will drive supply chain management into the future. As with most trends we all have read over the last few years, the focus was on technology. Supply Chain Trends 2016: 5 Additional More Areas of Focus. We listed the first 7. Increased velocity.

Supply Chain Planning Software 64

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 64

EazyStock

OCTOBER 20, 2020

There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. Read our blog on demand forecasting accuracy for more details. Trends: Product demand is influenced by fashion, technology, social, economic and legal factors. Know your star products!

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

SYSPRO Smarter ERP

APRIL 4, 2024

With the recent stress placed upon the supply chain in recent years and the changing political alignment across the globe, we are seeing a trend for supply to be bought closer to home which has resulted in Australian MTO manufacturers attracting significant capital input and flourishing.

Manufacturing Procurement 52

Manufacturing Procurement ERP Supply Chain Planning Software Ordering 52

GoShip Blog

JULY 1, 2021

By helping potential customers find, review, and purchase the right product with marketing strategies, dropshippers will mark up the price of products offered by third-party suppliers. Dropshipping businesses can easily ride the wave of viral and trending products. Great scalibility. link] .

Purchasing Skills 98

Purchasing Skills Inventory Reduction Price Reduction Sourcing Strategies 98

Blue Grace Logistics

JULY 27, 2021

What this blog is about: Leveraging predictive analytics for forecasting and visibility. Customer expectations and the buying capacity of the purchaser coupled with the cost of substitutes or complementary goods also play an important role. Virtually all predictive analytics analysts use tools created by external developers.

Procurement Analytics 62

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

EazyStock

NOVEMBER 17, 2022

This year, purchasing teams are also facing continued challenges due to global supply chain and logistics pressures, component shortages, and soaring prices for electricity and fuel. The key is to keep track of your inventory planning and purchasing processes. Successful sales during this period come down to many factors.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Procurement Solutions Purchasing Skills 52

EazyStock

JULY 19, 2019

The world is going through several revolutions simultaneously; digitalization, globalization and security threats are just a few of the macro trends that affect companies and supply chains worldwide. From there it will likely move into to a positive trend where the demand is constantly growing until it becomes a stable and fast moving SKU.

Optimal Sourcing 55

Optimal Sourcing Optimization Software Inventory Optimization 55

EazyStock

JULY 22, 2021

Historical data trends and market knowledge of how demand can fluctuate are often used to forecast inventory demand. Identify trends. Inventory Demand Trends. Items will also follow demand trends as they move through the product cycle. The Importance of Accurate Inventory Forecasting. Adjust forecasts for seasonality.

Inventory Reduction 105

Inventory Reduction Inventory Optimization Software Procurement Solutions 105

SYSPRO Smarter ERP

NOVEMBER 1, 2021

We live in a time where we can purchase almost anything with a click of a button. In a SYSPRO-led research study 37% of businesses agreed that their business systems lacked those basic planning tools that could adjust to day-to-day changes in the environment. Transitioning to B2B e-Commerce.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Inventory Reduction 111

Locus

OCTOBER 27, 2023

Visibility: Fueling Unparalleled Customer Experiences Recent findings from the Qualtrics 2023 Global Consumer Trends Report offer a jolting insight: Indian enterprises could potentially lose out on 17.3% The rise of omnichannel approaches is not just a trend, it’s becoming a consumer expectation.

Optimization Software 59

Optimization Software Logistics Network Optimization Software Cost Reduction Expense Reduction 59

Locus

JANUARY 20, 2022

Reduction in purchases of non-essential items, reduced travel expenditure and an increased focus on home and self care are examples of this change. Even before the pandemic, the self care industry was booming, making health and wellness consistently popular trends among people of all ages in the United States. Mckinsey 3.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Modeling Software Optimization Software Procurement Solutions 52

GoShip Blog

MARCH 7, 2023

Encourage customers to provide reviews of your business According to PowerReviews , about 95% of consumers read reviews before making any purchasing decision. Besides influencing consumer purchasing decisions, reviews also help you understand how your customers feel about your business.

Tips 52

Tips Logistics Network Optimization Software Procurement Solutions Waste Reduction 52

FW Logsitcs

OCTOBER 11, 2019

And we don’t expect this trend to slow down any time soon considering that more and more people are purchasing goods on the internet each day. This blog discusses the latest innovations logistics professionals will likely face in 2020. . New Fulfillment Center Trends . SCM procedures can be extremely tedious.

Supply Chain Software 49

Supply Chain Software Logistics Network Optimization Software Modeling Software Purchasing Skills 49

SYSPRO Smarter ERP

NOVEMBER 10, 2021

The electronics industry has experienced dramatic changes on the customer and supplier side in the last 18 months – from sudden purchasing changes by customers to shortages of parts and components from suppliers. While some trends have been emerging in recent years , they have speeded up rapidly and are taking industries to a new level.

Manufacturing Procurement 111

Manufacturing Procurement ERP Supply Chain Design Software Supply Chain Planning Software 111