GlobalTranz

NOVEMBER 17, 2016

Supply chain leaders are enthralled with the idea of using big data, but they tend to fail to understand how to disseminate big data in their organization properly. True, they may know how to roll out big data in a single warehouse, or they may have heard their competitors used branded systems for implementing this new technology.

Supply Chain Design Software 115

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

Ship Monk

APRIL 5, 2024

The fact is, most business owners think of procurement as nothing more than a transactional relationship. The process involves collecting quantitative and qualitative data concerning vendor-provided goods and services, and analyzing this data for opportunities to improve (or reasons to end) the relationship. If so, good on you!

Negotiate Pricing 82

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 82

Logistics Bureau

APRIL 4, 2022

At Logistics Bureau, we capture, analyse, and exploit freight benchmarking data to help us when we provide freight contract negotiation services for our clients. It will also make it easier to determine, for example, if you should opt for contract rates over spot rates or vice versa. The Pros and Cons of Procuring a Benchmarking Tool.

Negotiating Skills 82

Negotiating Skills Purchasing Skills Logistics Network Optimization Software Supply Chain Planning Software 82

Logistics Viewpoints

AUGUST 23, 2021

Depending on the industry, companies can see cost savings of 5 to 10% and revenue gains of 7 to 10%. Companies “seeking to increase data sharing and collaboration across their supply networks have faced three principal hurdles.” Those include trust issues, the operating model, and technology. These are often EDI messages.

Collaboration 163

Collaboration Supply Chain Planning Software Optimal Sourcing Modeling Software 163

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. These range from data migration to integration, security and training.

ERP 59

ERP Supply Chain Planning Software Modeling Software Optimization Software 59

FreightWaves SONAR

MARCH 3, 2021

The cycle provided the kind of actionable ecommerce supply chain analytics for us to evolve and improve. Once started, this circular process created a flywheel where projects were in flight at every stage, and injecting resources at any stage would have a positive impact on speed, cost, complexity, and efficiency.

Supply Chain Software 90

Supply Chain Software Supply Chains Data Optimization Software 90

GlobalTranz

SEPTEMBER 12, 2016

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. For example, transportation management often focuses on the journey of products after manufacturing. The Definition of Procurement Logistics. Purchased parts and similar items.

Manufacturing Procurement 101

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 101

SYSPRO Smarter ERP

APRIL 26, 2023

An ERP system brings financial, manufacturing, and business data into one central place so staff and management can have a complete view of how different business areas are working in real-time. Data from the system can then be used to track how corrective actions are making improvements.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing ERP Supply Chain Design Software 98

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. These data sources are often spread across multiple platforms and come in various formats.

Supply Chain Planning Software 157

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

Logistics Viewpoints

MAY 11, 2023

The concept of digital twins has emerged as a powerful foundational tool to drive improvements in warehouse productivity and efficiency. For example, they can test the effect of increasing or decreasing safety stock levels or changing the replenishment frequency of certain products.

Optimization Software 142

Optimization Software Supply Chain Design Software Modeling Software Digital 142

GlobalTranz

APRIL 25, 2016

Sure, supply chain cost reduction is important in reducing the cost of goods sold (COGS) and increasing profit, but there are other measurements which should not be forgotten. 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. 10 Soft Metric Considerations in Measuring Supply Chain Performance.

Procurement Analytics 69

Procurement Analytics Supply Chain Software Supply Chains Optimal Sourcing 69

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

Trinity Logistics

OCTOBER 31, 2021

Transportation Management software offers you a way to view insightful data, gain visibility, and better manage all the moving parts in the shipping process. While a TMS might seem daunting and expensive, it’s become an essential tool for businesses to be successful. How do you gather and view data? your logistics? Automation.

Optimization Software 97

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

SYSPRO Smarter ERP

MAY 10, 2022

This should also integrate with inventory management and procurement so that goods are ordered in time and there is visibility over stock items. Managers should be able to analyze the costs of customized orders to identify where improvements can be made in labor hours worked, and other areas where costs can be lowered, such as reducing waste.

Manufacturing Procurement 111

Manufacturing Procurement ERP Procurement Solutions Optimal Sourcing 111

Logistics Business Magazine

NOVEMBER 24, 2023

His statements are based not only on discussions with experts from the industry and research, but also on data from Setlog customers who use the SCM tool OSCA. To ensure that more truck drivers are back home in the evening, for example, the forwarding association Elvis wants to set up a meeting network for full truck loads.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimization Software 59

WorkWave

MAY 23, 2024

Google Business Profile (GBP) has emerged as a powerful tool for improving local visibility. As businesses that land the top spot in those search results get almost 40% of clicks, this is an important metric to pay attention to. An optimized GBP: Is 2.7x Plus, reviews show that you have the “buy-in” from happy customers.

Optimization Software 107

Optimization Software Optimization Price Reduction Cost Reduction 107

Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. The cloud also allows access to Big Data, which greatly improves the platform’s ability to do machine learning. That has recently changed.

Supply Chain Design Software 121

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 121

Logistics Bureau

OCTOBER 20, 2021

You see, the set of primary data needed to keep an airliner aloft is (apparently) relatively simple—and the same is true of running a supply chain organisation. These key metrics become your organisation’s “multi-function display” and give you the primary data needed to monitor and manage “normal flight conditions.”

Supply Chain Design Software 96

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 96

Logistics Viewpoints

MARCH 25, 2024

Infor’s CEO, Kevin Samuelson Infor’s strategy for differentiating their business from competitors like SAP and Oracle rests on a truly differentiated approach to ensuring that their customers get ongoing value from the business applications they purchase. For example, Google Maps app is a public cloud application.

Vendor Strategies 135

Vendor Strategies Resource Reduction Material Savings Supply Chain Design Software 135

SYSPRO Smarter ERP

NOVEMBER 1, 2022

Smaller manufacturers, for example, have to consider the costs as challenges can become magnified as a business expands. An ERP system provides an opportunity to create intelligent, analytics-driven and next-generation supply chains. . Will your ERP system be modular enough to accommodate scale? Clear, organised, automated.

ERP 98

ERP Supply Chain Planning Software Factories Supply Chain Software 98

TransAudit

DECEMBER 13, 2023

Supply chains at a consumer goods company, for example, make up about 80% of the company’s greenhouse gas (GHG) emissions. This process also increases resilience, key in today’s uncertain global economy, and provides cost reductions. Teams must fully understand the concept and goals, and be equipped with the tools to enact change.

Supply Chain Design Software 87

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chains 87

Logistics Viewpoints

MARCH 27, 2023

Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. It is important to benchmark forecast accuracy and similar supply chain metrics against your peers. Demand models need to be continuously updated. Sadly it is not.

Supply Chain Planning Software 114

Supply Chain Planning Software Scenario Planning Optimal Sourcing Supply Chain Software 114

Logistics Business Magazine

DECEMBER 8, 2022

His statements are based not only on numerous conversations with economic experts and scientists, but also on data from Setlog customers who use the SCM tool OSCA. In the fashion and fast-moving consumer goods sectors alone, these are more than 100 brands, including, for example, Marc O’Polo, Jack Wolfskin, KiK and Wenko.

Supply Chain Planning Software 65

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Purchasing Skills 65

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals.

Supply Chain Planning Software 115

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

Logistics Viewpoints

FEBRUARY 3, 2022

Because switching from JIT to JIC is at best only a tool to address short-term problems and risk. But you don’t just have to wait to see what has happened; planners can proactively create scenarios to simulate decisions and weigh trade-offs on the metrics that matter across the network, not just one link at a time. on-time delivery).

Inventory Reduction 175

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Inventory 175

GlobalTranz

NOVEMBER 18, 2016

Big data applications are already impacting supply chain entities around the globe, but some of its most interesting possibilities may have yet to be realized. However, the current progression of big data does give rise to some very tangible benefits to your company within the next five years. 6 Benefits to Using Big Data Applications.

Supply Chain Planning Software 89

Supply Chain Planning Software Data Material Savings Manufacturing Procurement 89

Logistics Viewpoints

JUNE 9, 2022

Transparent data prepared especially for your logistics operation will get you easily through your peaks. This warehouse runs at a perfect optimum with fixed capital in the form of inventory balanced perfectly with sales and purchasing, and all the items perfectly distributed to the various storage areas of the warehouse.

Optimization Software 135

Optimization Software Logistics Network Optimization Software Supply Chain Planning Software Modeling Software 135

Logistics Business Magazine

SEPTEMBER 27, 2023

Automation solutions from experts such as Prime Vision provide warehouses with the tools and data that increase the accuracy and speed of order fulfilment, leading to enhanced customer satisfaction and repeat orders in the future. For consumable products that are purchased repeatedly, the platform can suggest setting up a subscription.

Automation 60

Automation Logistics Network Optimization Software Procurement Solutions Procurement Analytics 60

Ship Monk

FEBRUARY 3, 2024

These people are genuinely interested in your product — so much so, that they have purchased your products. Email vs. Other Forms of Communication For many years, email has been the gold standard of communication tools for DTC businesses. You do you and look at the data to determine what sending profile best fits your client base.

eCommerce 81

eCommerce Tips Procurement Solutions Logistics Network Optimization Software 81

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

A recent report The Fictiv 2021 State of Manufacturing report has shown that many companies are in the process of becoming more digitally proficient and organized. It ties into the ERP system where quotes and purchase orders are managed. IM&E companies need to start looking at digitizing operations. Operations.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software ERP Manufacturing Procurement 115

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. At a high level, what GEON does is purchase plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility.

Supply Chain Planning Software 141

Supply Chain Planning Software Supply Chain Transformation Scenario Planning Supply Chain Software 141

GlobalTranz

MAY 20, 2015

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). Cost of quality. The definition of this metric is similar to the way it sounds.

Procurement Analytics 99

Procurement Analytics Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 99

Ship Monk

APRIL 30, 2024

Regardless of the size of your ecommerce brand, it doesn’t hurt to periodically reevaluate if the software tools you’re using are giving you everything you need. That inventory data needs to be fully transparent, super accessible within the platform, and easy to digest. Enter this article.

Supply Chain Design Software 87

Supply Chain Design Software Supply Chain Planning Software Optimization Software Modeling Software 87

247 Customs Broker

MARCH 6, 2018

Convey , an Austin, Texas-based provider of cloud-based technology that helps shippers connect disparate data and processes from parcel to freight and first to last mile, announced today it has rolled out new carrier scorecards and exception management tools for its shipper customers.

Logistics Network Optimization Software 28

Logistics Network Optimization Software Optimization Software Supply Chain Software Procurement Solutions 28

Ship Monk

JUNE 30, 2023

There seem to be about a million metrics to watch if you want to run a successful ecommerce business. You can track as many metrics as you want, but not every performance indicator qualifies as a KEY performance indicator (KPI) for your ecommerce business. Metric: A metric is a measurable indicator that changes over time.

eCommerce 52

eCommerce Inventory Reduction Manufacturing Procurement Procurement Analytics 52

GlobalTranz

JUNE 11, 2015

We conclude our series on supplier quality management (SQM) today with a look at some case studies and examples of benefits derived from the application of a supplier quality management system. Examples and Case Studies from the Implementation of a Supplier Quality Management System.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Design Software Examples Case Study 94

Logistics Business Magazine

JUNE 1, 2023

At the same time, users of the tool save a lot of time because they are more effective without having to use tedious Excel lists, e-mail traffic and phone calls. “We can report to our customers that 80 percent of our employees have been with the company for more than 18 years,” he explains. In order to supply around 8.3

Supply Chain Design Software 54

Supply Chain Design Software Supply Chain Software Procurement Solutions Logistics Network Optimization Software 54