SYSPRO Smarter ERP

MARCH 15, 2023

Manufactures are continuously faced with the challenge of forecasting how much (raw material) to purchase and how much (finished goods) to produce. The misalignment can result in multitude of negative consequences such as high warehousing costs, cash flow difficulties, loss of sales, which can lead to permanent loss of loyal customers.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Analytics Supply Chain Planning Software Procurement Solutions 105

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

GlobalTranz

SEPTEMBER 12, 2016

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. Although procurement logistics might sound like it involves the purchasing of manufactured products , it is much more involved. The Definition of Procurement Logistics.

Manufacturing Procurement 101

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 101

Ship Monk

APRIL 5, 2024

The fact is, most business owners think of procurement as nothing more than a transactional relationship. Establish KPIs to track the quality of a vendor’s products and service, in addition to quantitative metrics such as timely deliveries, cost savings, and order accuracy. Regular meetings or reports?

Negotiate Pricing 82

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 82

Logistics Bureau

APRIL 4, 2022

Alternatively, you can procure access to a digital freight benchmarking platform. The range of such tools is growing along with demand, so you should be able to find one that matches your budgetary and capability requirements. The Pros and Cons of Procuring a Benchmarking Tool. That’s the first question to ask.

Negotiating Skills 82

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

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

Morai Logistics

APRIL 12, 2018

Predictive analytics is a technology tool that is improving the end-to-end customer experience of the retail, healthcare and transportation industry. This month, multinational retail corporation, Wal-Mart, announced their partnership with ‘ actionable predictive intelligence ’ platform, FourKites. Healthcare.

Procurement Analytics 60

Procurement Analytics Supply Chain Software Supply Chains Optimization Software 60

GlobalTranz

JUNE 19, 2018

Unfortunately, the use of full truckload shipments and expenditures have hit an all-time high, reports Kate Patrick of Supply Chain Dive. Decreasing capacity and increasing full truckload rates are expected to increase throughout 2018, reports Freight Waves. Conducting annual procurement exercises. Download eBook.

Procurement Solutions 70

Procurement Solutions Procurement Analytics Procurement Capacity 70

Logistics Viewpoints

NOVEMBER 6, 2023

Suppliers are facing increasing pressure from the buyers of their goods and services to report their environmental, social, and governance data. Increasingly, companies will take sustainability criteria into account in their purchasing decisions. The data, which is reported on the EcoVadis platform, highlights the supplier’s emissions.

Supply Chain Planning Software 134

Supply Chain Planning Software Resource Reduction Material Savings Procurement Analytics 134

Logistics Viewpoints

MAY 19, 2022

Analytical techniques like linear programming can create the mathematically “optimal” plan, but these methods must be implemented well to avoid creating other challenges. And if the tools don’t allow flexibility for the planner using them, the resulting rigidity can limit their utility and planners resort to manual estimates.

Optimal Sourcing 137

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 137

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. By using predictive analytics and machine learning algorithms, digital twins can also provide recommendations on how to optimize equipment utilization and reduce downtime.

Optimization Software 142

Optimization Software Supply Chain Design Software Modeling Software Digital 142

The Logistics of Logistics

JULY 20, 2022

Jon is the Director of Pricing Strategy & Analytics at Loadsmart , a freight technology company that is removing the barriers between shippers and carriers so freight can move in the most efficient, transparent and automated way. About Jon Payne. Jon holds a B.S.

Price Reduction 288

Price Reduction Purchasing Skills Cost Reduction Logistics Network Optimization Software 288

WorkWave

AUGUST 24, 2022

Some tools are required for the job, and then there are tools you can have that will make your job easier. Every chimney sweep has a wish list, yet there are several essential tools that every professional sweep should have. We have assembled a list of essential tools for all chimney sweeps, some of which are mandatory.

Modeling Software 52

Modeling Software Procurement Solutions Tools Eliminating Excel in Purchasing 52

Logistics Viewpoints

JUNE 1, 2023

This means they are more likely to focus on value and affordability and change their priorities and brand preferences when making purchases. They are more likely to shop for discounts and sales and may delay purchases of some items. That is, AI tools can do a lot of the heavy lifting.

Supply Chain Planning Software 116

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

FreightWaves SONAR

DECEMBER 15, 2020

Start where it all begins – procurement. Procurement remains an oft-overlooked side of a freight spend analysis. All forward and reverse costs should be considered within a comprehensive spend analysis. That’s the only way to understand the real costs of transportation in your enterprise. . Download the White Paper.

Analysis 59

Analysis Procurement Analytics Optimization Software Optimal Sourcing 59

SYSPRO Smarter ERP

AUGUST 17, 2022

Manufacturers and distributors can optimize their inventory management using some of the latest emerging technologies, including machine learning, data analytics, artificial intelligence, and cloud computing. In industries like food and beverage, procurement must factor in shelf life and regulatory compliance, which adds more complexity.

Optimal Sourcing 105

Optimal Sourcing Optimization Software ERP Inventory Reduction 105

Ship Monk

NOVEMBER 30, 2023

They’re called metrics, a set of constantly changing numbers and percentages that tell you how you’re doing from one day to the next. There are dozens of metrics you could track, but some are so important you should check them frequently. These are the metrics you want on your dashboard. What is a Metric? What is a KPI?

Procurement Analytics 64

Procurement Analytics eCommerce Procurement Solutions Manufacturing Procurement 64

Ship Monk

APRIL 16, 2024

payment fraud) cost online merchants an estimated $38 billion in losses — a figure that doesn’t include the negative effects on customer loyalty and the brand’s reputation. The good news is that fraud management tactics and tools are making it easier to prevent, catch, and combat ecommerce fraud. In 2023 alone, ecommerce fraud (a.k.a.

eCommerce 82

eCommerce Modeling Software How To Procurement Solutions 82

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

SYSPRO Smarter ERP

APRIL 26, 2023

Business processes can be automated to improve workflow, and information can flow automatically between different areas of the business — for example, from customer order, to inventory procurement, to production job scheduling, to invoicing and to warehouse shipment. No manual data entry is needed; this means no duplication of work.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing ERP Supply Chain Design Software 98

GlobalTranz

SEPTEMBER 23, 2021

A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. A stimulus on the horizon further increases the risks of a higher trend in consumer purchasing. transportation metrics ?that Download the White Paper: Over the Road Freight Management Trends. continued growth and success.

Optimal Sourcing 123

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Supply Chain Software 123

EazyStock

FEBRUARY 15, 2021

The tool is now available on Microsoft AppSource for instant download. . When connected to Business Central or NAV , EazyStock enhance s the inventory management and procurement capabilities of your ERP. Users report higher service levels and lower inventory costs within a few weeks.

Procurement Solutions 52

Procurement Solutions Optimal Sourcing Inventory Reduction Supply Chain Planning Software 52

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. I saw how their platform unified finance and procurement activities, but not supply chain. I saw this claim as being more a statement of intention than of fact.

Supply Chain Design Software 121

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

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

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. The other emerging area around AI in ERP focuses on trend analysis and forecasting.

ERP 52

ERP Supply Chain Planning Software Modeling Software Optimization Software 52

Locus

AUGUST 2, 2022

The report listed last-mile delivery solutions under the Slope of Enlightenment curve. As a result, expectations around delivery times and the post-purchase experience have risen significantly. The platform has five key modules: Order Management, Dispatch Planning, Hybrid Fleet Management, Track and Trace, and Insights and Analytics.

Gartner 52

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

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. Often a customer has limits on how much change they can accommodate.

Vendor Strategies 135

Vendor Strategies Resource Reduction Material Savings Supply Chain Design Software 135

IoT World Today

NOVEMBER 11, 2019

Without much fanfare, RPA tools are beginning to appear in key IoT areas such as asset tracking and fleet management, and increasing customer demands for real-time monitoring of inventory and just-in-time deliveries point to further growth. RPA’s goal is to take on human tasks associated with modern digital transformations. But, AI is coming.

Supply Chain Software 67

Supply Chain Software Logistics Network Optimization Software Procurement Solutions Tools 67

FreightWaves SONAR

FEBRUARY 11, 2021

As reported by DC Velocity , “the 2020 Fleet Advantage Industry Benchmark Survey noted, “11% of transportation fleets estimate they have saved more than $1 million in crash avoidance by upgrading to newer trucks with advanced safety features.” Financial insight feeds into equipment purchasing decisions. Request a SONAR Demo.

Procurement Analytics 98

Procurement Analytics Trucking Optimization Software Operations 98

SYSPRO Smarter ERP

NOVEMBER 1, 2021

We live in a time where we can purchase almost anything with a click of a button. A B2B e-commerce strategy is therefore becoming increasingly necessary for manufacturing businesses that want to better sell their products or procure the necessary components for manufacturing them. Transitioning to B2B e-Commerce.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Inventory Reduction 111

Trinity Logistics

OCTOBER 31, 2021

While a TMS might seem daunting and expensive, it’s become an essential tool for businesses to be successful. Transportation management affects every part of your logistics process, from planning to procurement and more. The reporting offered by a TMS is another huge value to companies. Optimization. A Trinity, we?understand?

Optimization Software 96

Optimization Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 96

Logistics Business Magazine

MARCH 17, 2022

In this piece, supply chain expert Laurent Colombant, Continuous Monitoring Solution Lead EMEA, at SAS , outlines how supply chain analytics will drive transformation as organisations strike the balance between continuity and survival on one hand, and risk management and fighting fraud on the other. Manual detection is futile.

Supply Chain Software 57

Supply Chain Software Supply Chains Procurement Analytics Procurement Solutions 57

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 174

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Inventory 174

Logistics Viewpoints

APRIL 25, 2022

At a high level, the act requires that companies ensure compliance with human rights and the prevention of environmental degradation, both within their direct activities but also along their entire supply chain; and that grievance mechanisms be set up with reporting on an annual basis to the German government on the regulated activities.

Compliance 144

Compliance Supply Chain Software Supply Chains Procurement Solutions 144

Ship Monk

DECEMBER 15, 2023

billion, according to Adobe Analytics , up 7.5% Will consumers be reluctant to use credit cards for holiday purchases? For the first time, mobile purchases have overtaken desktop purchases. Shopify reports that sales were up 24% compared to last year, with 61 million consumers shopping globally this year.

Purchasing Skills 64

Purchasing Skills Material Savings Supply Chain Planning Software Procurement Analytics 64

CH Robinson Logistics

JUNE 9, 2022

In your personal life, you can use a variety of devices to make purchases—from your phone to your smart TV, it’s all possible within whatever device you’re using. In fact, today you can procure freight rates from your transportation providers right in your TMS. Cost savings in loose markets. Route guide failure. Save money.

Supply Chain Planning Software 99

Supply Chain Planning Software Supply Chain Software Optimization Software Logistics Network Optimization Software 99

SYSPRO Smarter ERP

NOVEMBER 1, 2022

An ERP system provides an opportunity to create intelligent, analytics-driven and next-generation supply chains. . Replacing a legacy system – one that was manually managed – with increased functionality and analytics will allow best practise material management throughout the company. A system overhaul for smart factory.

ERP 98

ERP Supply Chain Planning Software Factories Supply Chain Software 98