SYSPRO Smarter ERP

SEPTEMBER 1, 2022

It’s no secret that manufacturing companies around the world are rethinking their supply chain strategies. 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.

Manufacturing Procurement 105

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

CLX Logistics

FEBRUARY 22, 2024

As organizations strive to enhance operational efficiency, mitigate risks, and capitalize on emerging opportunities, the role of Artificial Intelligence (AI) and Machine Learning (ML) in procurement has become increasingly prominent. Procurement management stands at the crossroads of technological innovation and strategic decision-making.

Optimal Sourcing 52

Optimal Sourcing Procurement Negotiating Skills Supply Chain Software 52

AIMMS

FEBRUARY 3, 2020

Here are three trends to consider. . Moving past waste, water, and C02 reduction, they have begun searching for renewable energy sources, different forms of packaging, and increased efficiency overall. Governments are also relying on AIMMS-based tools to assess the costs and benefits of renewable energy subsidies.

Supply Chain Planning Software 133

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 133

Women in Trucking

MARCH 9, 2020

They tend to take fewer risks, have fewer accidents, work more efficiently, choose a company more carefully, and stay longer. Ultimately, driver pay needs to be at least $75,000 to reduce turnover, according to 80 percent of recruiters surveyed. She sees a trend toward formalized outreach programs.

Sourcing Strategies 52

Sourcing Strategies Strategy Survey Study 52

CLX Logistics

MARCH 4, 2024

Supply chain planning is the process of efficiently and effectively managing the entire lifecycle of a product or service from its initial design and development through production, distribution, and, ultimately, delivery to the end customer. How efficient is your freight management system? What is Supply Chain Planning?

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 52

SYSPRO Smarter ERP

NOVEMBER 8, 2021

According to McKinsey , the value of goods traded globally has tripled to more than US$10 trillion since 2000, and because of recent events, they are having to re-evaluate supply chain strategies. Unfortunately, the state of disruption to the current landscape has never been contemplated and very few strategies exist to navigate it.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 116

SYSPRO Smarter ERP

AUGUST 31, 2023

To build and customize reports many teams use Excel, the accountant’s favorite tool. A better way is to connect your Excel reports directly to the data source and get the same reports you used to spend hours or days creating, in minutes. You will need to go back to the data source and start again. Analysis is limited.

Optimal Sourcing 111

Optimal Sourcing Optimization Software Data Optimization 111

AIMMS

FEBRUARY 3, 2020

Here are three supply chain trends to consider. . Moving past waste, water, and C02 reduction, they have begun searching for renewable energy sources, different forms of packaging, and increased efficiency overall. Governments are also relying on AIMMS-based tools to assess the costs and benefits of renewable energy subsidies.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 62

FreightWaves SONAR

JULY 10, 2023

This includes sourcing materials, working with vendors, managing warehouses and transportation, and coordinating with retailers to ensure they can meet the changing demands of consumers while remaining profitable. The company’s survey of Fortune 100 companies showed that 77% have implemented hybrid work schedules. workers in 2023.

Data 52

Data Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 52

Logistics Bureau

JANUARY 8, 2019

3 Supply Chain Trends to Track in 2019. However, this year hasn’t quite closed out yet (at the time of writing), so in the true spirit of just-in-time delivery, here’s a quick appraisal of three current trends that I believe will come on stronger, and perhaps become some of the most important to supply chain operators in 2019.

Supply Chain Design Software 67

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 67

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 Links

JULY 7, 2023

The Role of Data Analytics in Supply Chain Management | Image source: Pixabay This article describes the transformation that data analysis and the supply chain are fostering and how it will impact business intelligence. The information set must include Business Intelligence tools and be different in decision support.

Supply Chain Software 48

Supply Chain Software Supply Chains Data Logistics Network Optimization Software 48

Logistics Viewpoints

JANUARY 25, 2024

Instead start with the foundation of your AI strategy, which should be an understanding of your company’s supply chain and your data. Planners are buried in tedious tasks using legacy, fragmented technology, which 48% say doesn’t help them do their job effectively, according to a survey by the boom! Global Network.

Supply Chain Planning Software 139

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 139

247 Customs Broker

MARCH 7, 2018

To respond, logistics managers now need to think in terms of systems that they can leverage today to make processes more efficient, while also keeping an eye on longer-term developments that will reshape tomorrow’s possibilities. This shortage trend alone should accelerate interest in driverless trucks. Predictive Analytics.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Software Sourcing Strategies Logistics Network Optimization Software 28

Logistics Viewpoints

MAY 27, 2021

In the consumer sector, few recent trends have been as disruptive as the new on-demand marketplace for commodities like transportation and lodging, driven by Uber and VRBO. In a McKinsey surveyed, 59% of participants stated that a lack of executive vision was a significant obstacle to the digital transformation of their organization. [2]

eCommerce 139

eCommerce Optimal Sourcing Supply Chain Software Supply Chain Planning Software 139

3PL Insights

JUNE 15, 2020

Post-COVID Supply Chain Trends. Looking forward, here are a few supply chain trends that will likely emerge from recent events. According to a Thomas survey of 878 North American manufacturers, 64% reported they were likely to bring production and sourcing back to North America. These are unprecedented times. Nearshoring.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 52

Ship Monk

JUNE 6, 2022

Method #1: Client Satisfaction Surveys. Build satisfaction surveys into your website and/or trigger emails to capture first, second, and third impressions from your customers. Make sure your survey questions get to the “why.” Don’t just ask how satisfied they are, ask why they’re satisfied or why not.

eCommerce 59

eCommerce Maintainability Supply Chain Software Logistics Network Optimization Software 59

Material Handling and Logistics

JANUARY 10, 2018

A look at the supply chain trends and technology that will come into play in 2018. While predicting the future is never an easy task, in order to be competitive all businesses need to be able to accurately anticipate what trends will affect them in the coming year. Turney Thompson, vice president, Kenco Transportation Management.

Supply Chain Design Software 144

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

Logistics Bureau

OCTOBER 28, 2020

Process Efficiency. It’s not uncommon for small and medium-sized businesses to lack supply chain process efficiency. Paper-based processes should be eliminated, as business software applications are affordable and get things done much more efficiently. Confusing Strategic with Single (Sourcing).

Supply Chain Planning Software 82

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 82

Locus

JANUARY 17, 2023

In fact, a recent survey conducted by Modern Shipper revealed that 37.8% of last-mile delivery firms in North America said hiring and retaining drivers was their biggest issue—a concern even more important than improving operational efficiency. Sources: [link] [link] [link].

Optimal Sourcing 52

Optimal Sourcing Trucking Sourcing Strategies Buyer Training 52

Blue Grace Logistics

SEPTEMBER 12, 2017

According to the findings from the “26th Annual Study of Logistics and Transportation Trends (Masters of Logistics)”, more companies are beginning to understand that new business models and new competition in the field are changing customer expectations. and 30.9%, respectively,” says Logistics Management. The Impact of Technology.

Cost Reduction 66

Cost Reduction Logistics Network Optimization Software Price Reduction Sourcing Strategies 66

Material Handling and Logistics

OCTOBER 30, 2018

It’s not news to anyone that digitization is a roaring trend and I’m here to say: embrace it. With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing.

Optimal Sourcing 166

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 166

Freightos

AUGUST 14, 2023

” ( Source) Global freight, with its blend of structured processes, unpredictable variables and high frequency, is perhaps the most fertile playground for the AI revolution. Download the full survey results View results The Motorboats vs Container Liners AI adoption trajectories diverge when comparing SMBs to larger enterprises.

Price Reduction 98

Price Reduction Logistics Network Optimization Software Material Savings Supply Chain Software 98

Ship Monk

JULY 27, 2022

Keep reading to learn what demand forecasting is, why you need it, and how to implement it into your eCommerce strategy! Demand forecasting helps you: Optimize inventory Align with your operational strategy Analyze demographic and product trends Surprise and delight customers Protect yourself against financial risks Prepare for peak season.

eCommerce 52

eCommerce Inventory Reduction Cost Reduction Price Reduction 52

Logistics Bureau

OCTOBER 28, 2020

Process Efficiency. It’s not uncommon for small and medium-sized businesses to lack supply chain process efficiency. Paper-based processes should be eliminated, as business software applications are affordable and get things done much more efficiently. Confusing Strategic with Single (Sourcing).

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 62

Logistics Viewpoints

OCTOBER 8, 2021

Walmart has its first customer, as Home Depot will use Walmart drivers to deliver paint, tools, and other online purchases to customers’ doors. The ongoing difficulties that many companies are experiencing when trying to secure ocean cargo transportation has forced companies to rethink their strategies. percent to $73.3

Purchasing Skills 108

Purchasing Skills Logistics Network Optimization Software Manufacturing Procurement Price Reduction 108

Logistics Business Magazine

FEBRUARY 14, 2022

Following COP26, 90% of world GDP is now covered by net-zero commitments for 2030, and according to Forbes, “sustainable, resilient operations” are the number one business trend for 2022. Companies can build a competitive advantage in their sector by acknowledging trends and embedding sustainability into the core of their business model.

Supply Chain Software 56

Supply Chain Software Supply Chains Waste Reduction Cost Reduction 56

Ship Monk

JANUARY 19, 2024

Building an online storefront can be as simple as adding an open-source shopping cart plugin, such as WooCommerce, to your WordPress website, or as complex as a custom-coded ecommerce platform like BestBuy.com. You can engage in cross-sell and upsell strategies to increase average order value. No sales/marketplace fees.

eCommerce 89

eCommerce Logistics Network Optimization Software Optimization Software Purchasing Skills 89

Turvo

JULY 27, 2021

Of all the components that make up the modern supply logistics and shipping network, the one that can significantly impact operational efficiency is visibility into the supply chain. Trends have been shifting all the more strongly toward improved perceptibility, transparency, and adaptability.

Supply Chain Software 90

Supply Chain Software Supply Chains Logistics Network Optimization Software Tracking and Tracing 90

Talking Logistics

APRIL 4, 2019

According to the 2017 MHI Annual Industry Report , released in April 2017, 80 percent of executives surveyed believe that digital supply chain will be the predominant model within five years. But what other technologies are available to drive even greater efficiencies? And, what disruptive technologies are on the horizon?

Logistics Network Optimization Software 60

Logistics Network Optimization Software Modeling Software Supply Chain Software Digital 60

The Logistics Academy

JULY 13, 2016

The Logistics Performance Index, part of the Connecting to Compete report 2016 ( Click to download full report ) , measures the efficiency of international supply chains. Global trade depends on logistics, and how efficiently countries import and export goods defines how they grow and compete in the global economy. Singapore ranked No.5

Trends 40

Trends Sourcing Strategies Supply Chain Software Logistics Network Optimization Software 40

20Cube Logistics

JANUARY 22, 2022

We all have seen how the world came to a standstill; we all have witnessed how the financial and social trends across the world underwent a sea-change; we all have experienced how the world became a different place in terms of how we dealt with things. It is here to stay and it is going to be the pivot of change for the decades to come.

Optimal Sourcing 75

Optimal Sourcing Supply Chain Planning Software Analysis Supply Chain Software 75

WorkWave

MARCH 4, 2020

Market research aims to understand why consumers buy a product by blending economic trends and consumer behavior. Primary Research can be conducted via: Interviews; Surveys; Questionnaires; Focus/user groups; Test markets. Utilizing surveys, focus groups, and reading reviews, are all great ways to gain consumer feedback.

Tips 52

Tips Purchasing Skills Sourcing Strategies How To 52

Logistics Viewpoints

NOVEMBER 19, 2020

The most recent McKinsey Global Survey on AI shows a 25% increase in use by companies over the prior year, a trend that shows no signs of slowing. Supply chains have seen the need to digitalize their operations to increase efficiencies to meet growing demands. At this pace, have we entered the Age of AI?

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 78

Freightos

FEBRUARY 16, 2020

The digitization of commerce created a path for giants like Amazon and Alibaba to dominate their respective storefront/fulfillment and sourcing roles in the market. US importers are more dependent on Chinese sourcing than ever. Sometimes smaller players prove to be more nimble than the big guys in adjusting to market trends.

Supply Chain Software 71

Supply Chain Software Supply Chains Purchasing Skills Manufacturing Procurement 71

247 Customs Broker

APRIL 30, 2018

Raw materials and products now take myriad paths from sourcing to fulfillment, and customers have little patience for delays, regardless of the challenges vendors face in getting product to them. . With supply chain technology now within reach for more businesses, the case for investing in tools that drive optimization is clear.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Software Optimization Software Logistics Network Optimization Software 28

GlobalTranz

JUNE 24, 2015

Productivity in factories continues to improve, however, and are more efficient than ever, so the best jobs picture we can hope for is flat as we don’t believe that US Manufacturing jobs will ever be at the percentage they were at the peak in the late 70s. Location of factories is fundamental strategy. As the U.S.

Manufacturing Procurement 97

Manufacturing Procurement Supply Chain Planning Software Cost Reduction Sourcing Strategies 97