GlobalTranz

JUNE 16, 2015

Throughout the course of business, business owners, who may be in the manufacturing, retail, or in another industry, find themselves focusing on innovation. In fact, the annual ChainLink Research Study found innovation to be the top focus for those involved in the manufacturing community. Innovation Reduces Risk to Businesses.

Manufacturing Procurement 101

Manufacturing Procurement Purchasing Skills Price Reduction Supply Chain Design Software 101

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

Locus

MAY 15, 2023

The direct-to-consumer (D2C) model has been gaining popularity among customers for some time now as manufacturers get a lot more room to provide customized brand experiences that bring a lot more delight to consumers, which in turn strengthen brand loyalty.

Cost Reduction 52

Cost Reduction Procurement Solutions Strategy Supply Chain Planning Software 52

Logistics Viewpoints

JANUARY 26, 2021

While lean manufacturing and just-in-time were game-changing concepts when they were introduced, agility and resilience must be taken to an entirely new level post pandemic. In a study of logistics providers conducted by Fraunhofer IML, only 36% of organizations reported that they had a clear overall plan for digital transformation.

Supply Chain Software 161

Supply Chain Software Supply Chain Planning Software Definition Supply Chains 161

Conger

MARCH 22, 2024

This new idea has become a big part of the modern business world, revolutionizing how goods are transported within warehouses and manufacturing plants through automated guided vehicles (AGVs). Imagine a future where autonomous vehicles take care of your daily commute.

Materials Handling 78

Materials Handling Material Savings Supply Chain Software Cost Reduction 78

Conger

MARCH 22, 2024

This new idea has become a big part of the modern business world, revolutionizing how goods are transported within warehouses and manufacturing plants through automated guided vehicles (AGVs). Imagine a future where autonomous vehicles take care of your daily commute.

Materials Handling 74

Materials Handling Material Savings Supply Chain Software Cost Reduction 74

Logistics Bureau

SEPTEMBER 4, 2023

Potential Factors in Declining Margins To get to the root of the problem, understanding the costs of production or purchasing will be a necessary starting point, but typically, more information will be needed. Some customers are very good at finding loopholes to reduce their purchasing costs.

Negotiating Skills 90

Negotiating Skills Purchasing Skills Cost Reduction Analysis 90

SYSPRO Smarter ERP

MAY 30, 2022

Disruptions like the pandemic, supply shortages, global trade barriers, high customer expectations and inflation all add tremendous pressure on the procurement process. According to SYSPRO Research 70% of manufacturing businesses experienced material handling and supply chain disruptions during the pandemic.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 105

SYSPRO Smarter ERP

MAY 30, 2022

Disruptions like the pandemic, supply shortages, global trade barriers, high customer expectations and inflation all add tremendous pressure on the procurement process. According to SYSPRO Research 70% of manufacturing businesses experienced material handling and supply chain disruptions during the pandemic.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 98

GlobalTranz

FEBRUARY 25, 2015

Editor’s Note: This is our second post in a collaborative blog post series about mobility in manufacturing & logistics along with Catavolt, who helps manufacturing organizations drive operational excellence with mobile apps. IoT makes use of Radio Frequency Identification (RFID) chips that “talk” to each other.

Manufacturing Procurement 107

Manufacturing Procurement Optimization Software Logistics Network Optimization Software Supply Chain Planning Software 107

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. Why Choose a Job in the Supply Chain Industry?

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 116

3PL Links

NOVEMBER 14, 2022

Understanding Supply Chain Management | Image Source: Google Images. For the sending and receiving of data, orders, invoices, etc., For illustration: Manufacturer of raw materials. Industrial manufacturer. Understanding Supply Chain Management | Image Source: Google Images. Two streams of supply. Distributor.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 62

Blue Grace Logistics

NOVEMBER 21, 2023

a How to Navigate Your Supply Chain During Market Swings Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - November 21, 2023 In the realm of ever-fluctuating food prices, a pragmatic revolution is quietly taking place in the shopping carts of budget-conscious consumers.

Optimal Sourcing 87

Optimal Sourcing Sourcing Strategies Resource Reduction Optimization Software 87

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? Amazon did not invent the random storage approach. Book your free consultation.

Inventory Reduction 88

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 88

GlobalTranz

APRIL 6, 2015

Many studies state that those who can manage the functions with the supply chain, they have a competitive advantage. Data coming from different sensors located at different suppliers from their production and transportation operations, carry a lot of information regarding the quality of production process and timeliness of delivery.

Optimal Sourcing 118

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 118

Logistics Business Magazine

FEBRUARY 23, 2024

Red Bull’s Formula One HQ in Milton Keynes is an appropriate and impressive backdrop to learn why data is fuel in logistics. High performance in logistics can be maintained by extracting insights from data and taking practical steps. Complexity requires having a data strategy.” We’re still at just-in-case for supply.

Logistics Network Optimization Software 56

Logistics Network Optimization Software Supply Chain Software Supply Chain Planning Software Supply Chain Design Software 56

Logistics Business Magazine

DECEMBER 16, 2021

In addition to the digitisation of industry and commerce, the effects of the Covid-19 pandemic have also emphasised the importance of supply chain management and sourcing. His analysis is based on conversations and data from Setlog customers who use the SCM tool OSCA, e.g. more than 100 brands in the fashion industry alone.

Supply Chain Planning Software 57

Supply Chain Planning Software Supply Chain Software Modeling Software Optimization Software 57

Material Handling and Logistics

JANUARY 10, 2018

These standards define how IoT devices will communicate, and how data will be collected, processed, handled, stored, and summarized. Strong players in the market will emerge as platform providers to aggregate the IoT data and provide key insights into that data that drive better business decisions in 2018.

Supply Chain Design Software 144

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 144

Logistics Viewpoints

FEBRUARY 8, 2022

As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. This new behavior means that manufacturers and retailers need to anticipate consumer needs across channels with more accuracy than ever.

Optimal Sourcing 113

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 113

3PL Links

MAY 11, 2023

Image source: Pixabay | Maximize Your Efficiency: Top 5 Supply Chain Trends to Adopt in 2023 We can all agree that the supply chain is critical to a business’s operational success, right? In simple terms, with a set of data, it is feasible to make more informed decisions in order to improve the effectiveness and precision of processes.

Sourcing Strategies 62

Sourcing Strategies Supply Chain Software Supply Chains Optimal Sourcing 62

GlobalTranz

FEBRUARY 6, 2018

A manufacturer in China doesn’t read the specs on an order. Ethereum shares some common features with Bitcoin, including how it’s mined by computers and codifies unique data that can be used to track everything from transactions to an exchange of goods (more on that below). Supply chains are messy. Blockchain in Supply Chain Can Help.

Supply Chain Design Software 164

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 164

Material Handling and Logistics

JULY 29, 2018

A study by Wharton Business School found that this group is mainly interested in supporting brands that are ethical, caring and strive to do the right thing. Content Summary: The company purchases renewable energy certificates to match its non-renewable energy use and it funds renewable energy production from sources like wind and solar.

Sourcing Strategies 74

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Vendor Strategies 74

Stord

FEBRUARY 4, 2019

Evaluate all of your options at the sourcing and manufacturing level If you ship manufactured goods -- whether that means raw materials or finished products -- planning at the sourcing level will help reduce and offset the cost of new tariffs. You also need to study what competitors are doing.

Optimal Sourcing 78

Optimal Sourcing Inventory Reduction Optimization Modeling Cost Reduction 78

Logistics Bureau

JANUARY 7, 2020

Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. In other words, the majority did not recognise the need for close alignment between supply chain and general business strategies.

Supply Chain Design Software 123

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 123

Logistics Bureau

MARCH 30, 2020

Until the Coronavirus began wreaking its havoc, global companies could run their supply chains on the assumption that disruptions would be rare and short-lived, and that products should be sourced, produced, and distributed at the cheapest locations to be found, wherever in the world that may be. 3) Shorten Your Supply Chain—Source Locally.

Supply Chain Design Software 63

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 63

Logistics Bureau

JANUARY 9, 2019

Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. In other words, the majority did not recognise the need for close alignment between supply chain and general business strategies.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 118

GlobalTranz

JUNE 24, 2015

To reiterate that reshoring is more than just hype and a very important topic for us to consider the Boston Consulting Group (BCG) study found that 54% of companies with above one billion in revenues are now considering reshoring. In fact, since the recession, more manufacturing companies have been lost than gained in the U.S.

Manufacturing Procurement 97

Manufacturing Procurement Supply Chain Planning Software Cost Reduction Sourcing Strategies 97

SYSPRO Smarter ERP

NOVEMBER 17, 2021

With a solid business strategy, and a strong foundation of knowledge, you can determine the best course of action for your manufacturing business and take advantage of an ERP system to streamline business processes and maximize profitability. Previously, purchasing an ERP required a large capital spend.

ERP 105

ERP Modeling Software Tips Procurement Solutions 105

GlobalTranz

JULY 14, 2015

Most manufacturing processes heavily rely on the use of machinery. At its core, the IoT serves as a way of gathering data and information about a process, but applications of the IoT can detect potential problems within a machine before the machine falters. Automated Data Transfers. IoT and Machine Functionality.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

AIMMS

OCTOBER 1, 2019

Source: Gartner, Forecast Snapshot: Prescriptive Analytics Software, Worldwide, 2019. Prescriptive Analytics platforms , as defined by Gartner , “primarily focus on creating optimization solutions,” providing “data prep, prescriptive model building, model management and model deployment in various business processes.”

Optimal Sourcing 104

Optimal Sourcing Supply Chain Planning Software Optimization Software Modeling Software 104

Logistics Business Magazine

APRIL 21, 2022

The study, conducted by Economist Impact, surveyed executive-level participants representing businesses in 26 major countries across the globe. This has been a boon for economies such as WLP members Vietnam and Mexico, which even pre-pandemic had benefitted from increased diversification of manufacturing bases due to geopolitical tensions.

Cost Reduction 54

Cost Reduction Transportation Manufacturing Procurement Optimal Sourcing 54

SYSPRO Smarter ERP

FEBRUARY 15, 2023

To overcome these challenges, many manufacturers are bringing their operations closer to home and more literally, under one roof. Manufacturers typically occupy a space in the middle of this chain, but through vertical integration, they can extend their reach, and profits, within the value chain. Why is vertical integration growing?

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Material Savings Resource Reduction 105

Logistics in War

MAY 23, 2020

A recent study sees the application of digital technology in this industry sector across this decade in three stages. Open source platforms will integrate readily with other similar platforms allowing machine-to-machine communications and real-time data exchange so they can self-learn and make decisions. electrification.

Logistics Network Optimization Software 103

Logistics Network Optimization Software Digital Supply Chain Design Software Supply Chain Software 103

Infosys Supply Chain Management

JULY 26, 2013

Industrial Manufacturing. Sourcing & Procurement. Cloud & Big Data. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Case Studies. |. Automotive. Communication Services. Consumer Packaged Goods. Financial Services. Healthcare. Hospitality and Leisure.

Supply Chain Planning Software 29

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 29

Airfreight Logistics

JULY 21, 2019

UPS have released the results of its 2019 UPS Industrial Buying Dynamics Asia Pacific Study , which finds B2B buyers in the region doing much of their purchasing online, and at the same time relying heavily on offline relationships and seeking out solid after-sales service.

Procurement Analytics 28

Procurement Analytics Manufacturing Procurement Procurement Solutions Study 28

AIMMS

OCTOBER 1, 2019

Source: Gartner, Forecast Snapshot: Prescriptive Analytics Software, Worldwide, 2019. Prescriptive Analytics platforms , as defined by Gartner , “primarily focus on creating optimization solutions,” providing “data prep, prescriptive model building, model management and model deployment in various business processes.”

Optimal Sourcing 83

Optimal Sourcing Optimization Software Supply Chain Planning Software Modeling Software 83

Ship Monk

AUGUST 2, 2023

If you don’t have anything unique to talk about, then perhaps you should reconsider your product strategy. But before you jump onto the bandwagon, you’ll want to conduct a very thorough niche market study. Profitability: What will it cost to manufacture your products? Sourcing unique materials or suppliers?

eCommerce 52

eCommerce Material Savings Cost Reduction Inventory Reduction 52