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 Viewpoints

NOVEMBER 8, 2023

Companies can begin to offset their carbon footprint by taking a deeper look at their supply chain, including product packaging, energy efficiency, alternative fuels, route optimization, and returns and recycling programs. The answer is to invest in sustainability benchmarking tools.

Optimal Sourcing 131

Optimal Sourcing Supply Chain Software Sourcing Strategies Optimization Software 131

Logistics Viewpoints

JULY 14, 2021

The complete process would include procurement, creation of a route guide, planning and optimization, electronic communication with carriers, visibility and exception management, freight audit, and performance management. For example, in the US, May 2020 alone eclipsed the entire 2019 holiday shopping season and $82.5

Optimization Software 153

Optimization Software Supply Chain Planning Software Supply Chain Design Software Modeling Software 153

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

EazyStock

AUGUST 29, 2023

Improving businesses and the environment In today’s fast-paced business landscape, inventory management plays a crucial role in determining a company’s success. Cutwel, a leading UK-based precision engineering cutting tool distributor , faced similar challenges with multiple spreadsheets and unclear lead times.

Supply Chain Planning Software 52

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

SYSPRO Smarter ERP

JULY 17, 2023

In the last few months, however, there has been an avalanche of stories and articles about amazingly powerful AI tools that use everyday language. Another key skill will be how to work together with other employees to solve problems jointly, overcome differences and create stronger working relationships.

Manufacturing Procurement 98

Manufacturing Procurement Buyer Training Supply Chain Design Software Supply Chain Software 98

Logistics Business Magazine

JUNE 22, 2023

Intralogistics has been very successful for years in automating manual activities and thus sustainably improving ergonomics within the internal and external supply chain. How do we manage to make the amount of available information user-friendly and useable in a reasonable way in order to avoid information overload?

Supply Chain Design Software 59

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Optimization Software 59

Ship Monk

AUGUST 30, 2023

If you’re on the low end of this scale, there’s room for improvement. Today we’re going to look at how to calculate ecommerce conversion rates, identify some things that may be turning customers away, and what you can do to improve conversion rates. So, what is the right kind of data and how do you gather it?

eCommerce 52

eCommerce How To Procurement Analytics Purchasing Skills 52

AIMMS

MARCH 30, 2020

The examples below show you how to do this in AIMMS SC Navigator Apps, but we encourage you to study these scenarios in the tools you have at your disposal. . There is a strategic incentive in understanding the optimal sourcing location for specific customers, and the optimal sourcing location for different resources.

Supply Chain Design Software 139

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

Logistics Viewpoints

SEPTEMBER 7, 2022

Within this discipline, one of the toughest challenges is how to get visibility to problems arising across the extended supply network. Becton Dickinson (BD) has been on a journey to improve visibility into their extended supply chain. The company had access to huge amounts of trade data, for example. But I was skeptical.

Supply Chain Software 124

Supply Chain Software Supply Chains Optimal Sourcing Procurement Solutions 124

Material Handling and Logistics

DECEMBER 14, 2018

Learn how to organize your data operations in alignment with supply chain strategy. Forward-thinking supply chain professionals are looking to advanced technologies to streamline processes, improve accuracy, accelerate delivery and reduce costs. It arrives from an array of sources, and it is presented in a variety of formats.

Supply Chain Software 166

Supply Chain Software Optimal Sourcing Supply Chains Sourcing Strategies 166

EazyStock

MARCH 17, 2021

In this piece, we’ll take a look at some of the top types of supply chain disruptions, the impacts that they have on your supply chain, how to mitigate whatever risk you can and finally how you can handle supply chain disruptions once they occur and come out on top. Types of Supply Chain Disruptions. Diversify Suppliers.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 78

GoShip Blog

MAY 26, 2022

As a small business owner, improving your brand’s sustainability holds incredible benefits for the environment and your bottom line. Learn About How Your Supplies are Sourced. The first step towards lowering your small business’s carbon footprint is to learn about your supply sources and verify whether they are eco-friendly.

Waste Reduction 52

Waste Reduction Optimal Sourcing Material Savings Cost Reduction 52

EazyStock

FEBRUARY 7, 2020

In this post we’re exploring how to manage inventory effectively when you’re faced with a growing product portfolio. Reducing stock levels to carry more lines (without accurate forecasting and inventory optimization tools) can lead to stockouts and expensive backorders or rush orders from suppliers.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

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

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. It’s also about using the right tools, platforms, and skills to unlock maximum value.

Manufacturing Procurement 52

Manufacturing Procurement Data Supply Chain Planning Software Optimal Sourcing 52

Trinity Logistics

NOVEMBER 30, 2021

Particularly, sourcing your TMS through a 3PL provider can have some major benefits, especially for small- to medium-sized businesses. Order planning This will help you with routing, optimizing your delivery processes, integrating your delivery data, and getting a granular view of all transportation stages. CUSTOMIZABLE SOLUTIONS.

Supply Chain Design Software 86

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Optimization Software 86

AIMMS

MARCH 2, 2021

Districon is a consulting company that brings the power of optimization and analytics closer to supply chain processes. What is S&OE and what does it entail to develop a companion app with optimization capabilities? S&OE is all about how reality compares to the S&OP plan. Integrations are developed in a custom way.

Optimal Sourcing 83

Optimal Sourcing AIMMS Supply Chain Planning Software Modeling Software 83

Conger

DECEMBER 13, 2022

Improve Internal Communication. Improve External Communication. When switching suppliers, use a sourcing solution so that you avoid inventory deficits and get back up and running with the new supplier quickly. Improve Internal Communication. Improve External Communication. Let's dive in! Table of Contents.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Vendor Strategies Waste Reduction 52

Stord

JANUARY 11, 2022

Stord’s team works with hundreds of companies every day to drive efficiencies and optimize their operations across a range of freight, warehousing, fulfillment and packaging requirements. For example, the price of 42# linerboard has gone up 35% in the last 12 months, over the course of 4-5 price increases.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Optimization Software Optimal Sourcing 78

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

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

EazyStock

APRIL 13, 2022

A supply chain strategy explains how a company will bring goods into the business and get them out to customers as effectively as possible. Considering every phase in the supply chain, such as sourcing goods, logistics and delivery, the strategy optimizes operations to reduce costs and maximize profits. Where is it working well?

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 52

Logistics at MPEPS at UPV

MAY 23, 2022

Last class, we were focused on how to design a warehouse. When designing a warehouse, some questions may come to your mind: How should a warehouse or distribution center look like? As an example, here we can see one: Source: [link]. What factors influence the warehouse layout plan? Resources: [link].

Optimal Sourcing 52

Optimal Sourcing Definition Sourcing Strategies Manufacturing Procurement 52

Logistics Viewpoints

JANUARY 25, 2023

In a conversation with Blue Yonder executives, they pointed out that retailers are looking at port diversification for improved sourcing and allocation. This is essentially continuous optimization. Manhattan is putting RFID in the store at the item level for improved inventory accuracy. The big piece here was the OMS.

Supply Chain Planning Software 124

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Optimal Sourcing 124

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

MARCH 30, 2020

The examples below show you how to do this in AIMMS SC Navigator Apps, but we encourage you to study these scenarios in the tools you have at your disposal. . There is a strategic incentive in understanding the optimal sourcing location for specific customers, and the optimal sourcing location for different resources.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Planning Software Scenario Planning Supply Chain Design 62

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

AIMMS

JULY 9, 2015

A recent report by the ACE European Group identifies supply chains as of the biggest sources of concern for European businesses today. On the other hand, there is a rising need for smarter and more flexible tools as well as more staff with analytical capabilities. Let’s take the example of inventory optimization.

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Software Optimization Software Optimal Sourcing 91

Logistics Viewpoints

AUGUST 7, 2023

Cardinal Health, a global manufacturer and distributor of medical, surgical and laboratory products, is focused on continuous improvement of service. Global logistics leaders wanted to improve service levels, lower costs, and fortify Cardinal Health’s supply chain planning process. Indicators of success are critical. Count them!

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Design Software Modeling Software Optimization Software 105

GoShip Blog

FEBRUARY 2, 2023

They are beliefs that communicate what your company prioritizes in its operations and how it achieves its mission statement. These values guide every business decision, from how and where products are sourced to the employees’ working conditions and how goods are delivered to customers.

Sourcing Strategies 52

Sourcing Strategies How To Waste Reduction Eliminating Excel in Purchasing 52

Ship Monk

JUNE 30, 2023

We’re going to show you how to identify KPIs for your business by breaking the process down into three parts. First, we’ll look at the main areas that an ecommerce business might target for improvement or performance goals. Fortunately, most metrics are tracked automatically, using various tools and software systems.

eCommerce 52

eCommerce Inventory Reduction Manufacturing Procurement Procurement Analytics 52

WorkWave

SEPTEMBER 2, 2021

This guide looks at all the critical aspects of how to start a delivery service business. There are various helpful tips out there you can use on how to buy a delivery route. Tools such as the Garmin app for GPS or Google Maps can be helpful for GPS needs. For example, do you plan or purchase the equipment outright?

Logistics Network Optimization Software 52

Logistics Network Optimization Software How To Optimization Software Procurement Solutions 52

EazyStock

DECEMBER 13, 2021

However, there are steps you can take to improve your inventory management processes and be better prepared to prevent regular stock availability crises in your business. For example, when there is only a day, a week or a month’s worth of stock left, based on the item’s average sales. Hold stock back for key accounts.

Inventory 52

Inventory Supply Chain Planning Software How To Supply Chain Software 52

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 115

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

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. Combining improved forecasts from the software’s algorithms with appropriate safety stock levels allows you to mitigate risks and maintain good service levels.

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. Improving forecast accuracy. Accurate demand forecasts can help you stay on top of inventory and improve strategic planning for different risk scenarios.

Supply Chain Planning Software 52

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