FreightWaves SONAR

FEBRUARY 4, 2021

Wasting resources and assets cost managers a pretty penny. Fortunately, smart data utilization can help reduce deadheading occurrences and make the entire supply chain more profitable. Waste matters in the shipping industry because every instance leads to higher freight costs. And it’s essential to understand why. .

Waste Reduction 98

Waste Reduction Data Expense Reduction Cost Reduction 98

Logistics Viewpoints

APRIL 4, 2024

In this blog, I will discuss the use of AI/ML demand planning for fresh products to help maximize sales and reduce waste. Looking back on that week of straight rain in August, not only were my tips affected, but the data for future forecasts was as well!

Scenario Planning 137

Scenario Planning Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 137

SYSPRO Smarter ERP

JANUARY 23, 2023

Reporting requires businesses to collect and track data on their ESG performance and report this information in a transparent and consistent manner. This involves implementing processes and systems for collecting and reporting on data, and some businesses may need to ensure that the information is verified by a third party.

ERP 111

ERP Waste Reduction Optimal Sourcing Supply Chain Planning Software 111

Log-hub

JULY 25, 2023

Explore our groundbreaking approach that leverages Data Analytics and AI to revolutionize demand forecasting. At Log-hub AG, we believe that a personalized approach to forecasting, integrating advanced Data Analytics and AI solutions, can revolutionize the way businesses manage their supply chains.

Data 40

Data Supply Chain Planning Software Supply Chain Software Modeling Software 40

SYSPRO Smarter ERP

OCTOBER 9, 2023

Modern machinery is commonly fitted with real-time sensors but these are not very useful if there is no way to view and action the data from the sensors. Therefore, companies should have a system to collect and consolidate the data for reporting and analysis. This can be used in costing analysis and equipment profitability.

Manufacturing Procurement 111

Manufacturing Procurement Purchasing Skills Cost Reduction Optimal Sourcing 111

GlobalTranz

OCTOBER 24, 2016

Editor's Note: Today's blog comes from Patrick O'Rahilly, Founder and CEO of FactoryFix.com. Patrick gives us some insight into workplace efficiency and how to reduce waste. . While lean practices aren’t hard to adopt, they’re still difficult to implement if the proper documents, data, services and knowledge isn’t processed.

Waste Reduction 99

Waste Reduction Inventory Reduction Resource Reduction Cost Reduction 99

EazyStock

JUNE 23, 2022

What is big data? All successful businesses use data to develop strategies and review their outcomes. But as the number of systems being used increases, the amount of data available for consumption and analysis grows exponentially. Unstructured data isn’t as accessible to search or export and is often text-heavy.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Supply Chain Planning Software 52

SYSPRO Smarter ERP

NOVEMBER 13, 2023

One of the big challenges facing manufacturers is inadequate reporting and analysis capabilities. This results in inefficient decision-making processes due to siloed data which limits the ability to respond to changing conditions quickly and accurately. Why companies invest in BI As a business grows, so does the amount of data.

ERP 64

ERP Manufacturing Procurement Inventory Reduction Optimal Sourcing 64

3PL Links

MAY 9, 2024

Smart warehousing is a sophisticated inventory management approach that maximizes the transportation, storage, and distribution of goods and materials within the company by utilizing data analytics and state-of-the-art technologies. This makes it possible to spot trends, estimate demand more precisely, and optimize storage operations.

Warehousing 48

Warehousing Optimal Sourcing Inventory Reduction Expense Reduction 48

FreightWaves SONAR

MARCH 15, 2021

The problem looms large for shippers and managers across the supply chain network, but the answer is out there – better utilization of smart data and automated processes. Poor data analytics cause disruptions. The inability to properly review data and make educated predictions can exacerbate unplanned disruptions and errors.

Optimal Sourcing 72

Optimal Sourcing Procurement Negotiating Skills Data 72

SYSPRO Smarter ERP

NOVEMBER 8, 2023

Bringing efficiency at scale The real benefit of implementing an ERP system lies in integrating core business functions such as finance, inventory management, sales and project management into a single, unifying platform that provides a business-wide view of centralized data.

ERP 98

ERP Optimal Sourcing Supply Chain Planning Software Optimization Software 98

SYSPRO Smarter ERP

JULY 5, 2023

Traceability has moved from being a nice-to-have to an essential business practice, underlining the universal need for real-time, accurate, and dependable data throughout the supply chain. Their valuable data is often locked away in separate, siloed, and outdated systems and formats, making data access and analysis an uphill task.

Manufacturing Procurement 97

Manufacturing Procurement ERP Maintainability Compliance 97

FreightWaves SONAR

NOVEMBER 9, 2020

The sum of that freight tech volume is somewhat ironic – data overload and an inability to manage due to the inefficient use of several systems. Freight tech APIs collect data in near real-time. Connected systems can collect data in near real-time, limited only by the speed of an internet connection. Why is that advantageous?

Optimization Software 78

Optimization Software Data Freight Optimal Sourcing 78

SYSPRO Smarter ERP

DECEMBER 18, 2023

Efficiency determines success To gain a competitive advantage, manufacturers must be agile enough to respond to market demands at all levels of production without increasing costs or waste and sacrificing their efficiency. For peak efficiency, manufacturing resources need to be deployed without wasting resources.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Optimization Software Optimization Modeling 52

GlobalTranz

JUNE 29, 2017

Editor's Note: Today's blog comes from Katie Cruze at considerdigital.com who give us the top 5 reasons why data quality is important. Data, for most companies, is often collected for record-keeping purposes. For many companies, managing the quality data can seem like an overwhelming task.

Data 77

Data Waste Reduction Sourcing Strategies Expense Reduction 77

FreightWaves SONAR

DECEMBER 29, 2020

However, the application of such data does not necessarily translate into meaningful improvements within day-to-day operations. Yes, analytics add value, but that value often gets overshadowed by the sheer volume of freight data insights available. And it’s in this space where big data analytics can add the most value.

Data 52

Data Negotiating Skills Transportation Supply Chain Software 52

SYSPRO Smarter ERP

DECEMBER 11, 2023

Many renewable energy organizations are missing out on the benefits of ERP software that would allow them to tackle the challenges of data management, improve process efficiency across the organization, and manage projects more effectively. Data across the business is available in real time, keeping operations running smoothly and on time.

Sourcing Strategies 52

Sourcing Strategies ERP Manufacturing Procurement Optimal Sourcing 52

SYSPRO Smarter ERP

DECEMBER 14, 2023

An ERP system is a repository of data from all functions of a business. A system with a powerful extensibility capability can be used to collect data from external partners as well. Having a wider view of data, e.g., from suppliers, can provide insights into streamlining sustainability operations.

Manufacturing Procurement 52

Manufacturing Procurement ERP Optimal Sourcing Optimization Software 52

SYSPRO Smarter ERP

FEBRUARY 2, 2022

Companies struggling to manage their supply chains often lack data for decision making, have siloed systems and inefficient inventory management practices. Effective data management. Furthermore, data handling may necessitate collaboration amongst many departments to maintain performance and quality. Tracking issues.

Manufacturing Procurement 105

Manufacturing Procurement Inventory Reduction Inventory Optimal Sourcing 105

SYSPRO Smarter ERP

SEPTEMBER 20, 2021

Finance and production can’t be working off different data sets. Automation is one of the keys to addressing all of these issues, but integration is just as important because management needs data to monitor these systems and continuously improve. It also collects data and tracks performance to provide a 360?

Manufacturing Procurement 110

Manufacturing Procurement Optimal Sourcing Optimization Software Digital 110

Logistics Bureau

OCTOBER 9, 2023

If you’ve followed our blog over the years, you’ll know that we’ve shared lots of information about distribution network design, why it’s vital to get it right, how long it should take, the importance of reviewing the network every so often, and various elements of design such as determining the number of warehouses and where to locate them.

Supply Chain Design Software 90

Supply Chain Design Software Supply Chain Design Distribution Networks 90

FreightWaves SONAR

JANUARY 28, 2021

Enterprise shippers are looking for ways to capture and analyze more data Making the most of available technology has always been critical for fine-tuning a supply chain. Now more than ever, shippers need to find innovative ways to make the most of real-time freight data and analysis. Download the White Paper.

Waste Reduction 105

Waste Reduction Resource Reduction Price Reduction Cost Reduction 105

GlobalTranz

MAY 1, 2018

Data-driven analytics enables you to make cost-effective transportation decisions. However for most shippers, parcel spend is poorly understood because shipping data is often locked up in point solution silos, such as carrier-provided systems and websites, in a variety of different formats. But no longer.

Procurement Analytics 61

Procurement Analytics Optimal Sourcing Data Sourcing Strategies 61

3PL Links

APRIL 5, 2024

The possibility of management errors is limited and decreased by putting in place a common web platform where suppliers, manufacturers, and distributors can obtain real-time data on inventory levels, client demand, and production schedules. It is not merely an operational approach.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Sourcing Strategies 48

FreightWaves SONAR

DECEMBER 22, 2020

Relying solely on manual shipping data analysis continues to yield poor results. The old ways of recording, processing and responding to analytical data need a streamlined approach. Outdated analysis and management methods are becoming increasingly more difficult amid lockdowns, supply shortages, and increased consumer demands.

Logistics Network Optimization Software 105

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 105

Carter Logistics

SEPTEMBER 5, 2018

Blog Topics. Companies are wasting money hand-over-fist on outdated supply chain methods that suffer from inefficiency and poor tracking. Never Stop Analyzing Your Logistics Data. In the world today, data is king, and you can bet that your competitors are trying to use it to their fullest advantage.

Supply Chains 111

Supply Chains How To Logistics Waste 111

3PL Links

APRIL 23, 2024

Artificial intelligence lowers waste and losses in the supply chain by automating procedures. inventory management helps the company not lose sales, prevents/reduces waste, and reduces expenses. Effective cargo forecasting is made possible by preventive evaluation and Big Data knowledge.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 48

3PL Links

DECEMBER 28, 2023

The three trends we shall discuss below show that one of the main goals of businesses going forward will be to enhance the level of technological maturity by achieving more integration and intelligence in the use of data. Big data and analytics Big Data and analytics are taking center stage in a vast ecosystem of logistical data.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Sourcing Strategies Trends 48

GlobalTranz

JULY 28, 2021

True optimization applies data to ensure all decisions and processes are carried out to their fullest potential. That means identifying areas of waste, overlap and large volumes and enabling continuous improvement through the use of transportation metrics to track performance.

Optimal Sourcing 126

Optimal Sourcing Optimization Software Optimization Supply Chain Design Software 126

Blue Grace Logistics

AUGUST 12, 2021

What This Blog Is About: What is an ETA and how it is calculated? How technology can help companies get ETAs based on real-time data. Fleet managers must know the estimated time of arrival to minimize delays, which can cause wasted time and money. The importance of working with accurate ETAs. When Will It Arrive?

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Modeling Software Optimization Software 62

3PL Links

JANUARY 4, 2024

What It Is, Benefits, and Supply Chain 5.0 | Image source: edfuturetech.com One of the biggest benefits of this new era in logistics is the clever use of data, which makes it possible to make decisions with greater authority, lower risks, eliminate waste, and encourage socially conscious behavior. Logistics 5.0: Logistics 5.0

Supply Chain Software 48

Supply Chain Software Supply Chains Logistics Network Optimization Software Modeling Software 48

FreightWaves SONAR

DECEMBER 3, 2020

Shippers also need a way to look beyond the enterprise’s four walls to understand waste. Wasted warehouse space leads to higher overhead. For example, just-in-time fulfillment models, drop-shipping, and cross-docking avoid wasted space. Collaboration means parties must share data in real-time. Insight in lead times.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Software Modeling Software Logistics Network Optimization Software 76

FreightWaves SONAR

FEBRUARY 22, 2021

Smart and practical trucking data is critical for the modern supply chain network. According to Supply Chain 24/7 , “ truckload service optimizes trailer space and moves freight [without extra stops that will] eliminate wasted trips, reducing greenhouse gas emissions by up to 40%.”

Price Reduction 75

Price Reduction Supply Chain Planning Software Waste Reduction Cost Reduction 75

Blue Grace Logistics

JULY 22, 2021

What this blog is about: Freight transportation’s positioning in the market. For example, mobile apps and data distribution can enable truck-sharing and smart automation platforms to help organize trans-shipment processes for carbon-neutral distribution services. Want A Free Supply Chain Analysis? Cross Distribution Analysis.

Optimal Sourcing 62

Optimal Sourcing Cost Reduction Waste Reduction Material Savings 62

Blue Grace Logistics

JULY 22, 2021

What this blog is about: Freight transportation’s positioning in the market. For example, mobile apps and data distribution can enable truck-sharing and smart automation platforms to help organize trans-shipment processes for carbon-neutral distribution services. Want A Free Supply Chain Analysis? Cross Distribution Analysis.

Optimal Sourcing 62

Optimal Sourcing Cost Reduction Waste Reduction Material Savings 62

FreightWaves SONAR

MARCH 4, 2021

All of these challenges potentially create waste in your supply chain. That’s where data analytics comes in.” Gaining in-depth insights and current data about the supply chain, load statuses, and consumer demands can make it easier for enterprise sippers to adjust and plan.

Price Reduction 97

Price Reduction Cost Reduction Expense Reduction Waste Reduction 97

3PL Links

FEBRUARY 14, 2024

A digital supply chain’s efficacy and dependability are based upon its capacity to safeguard against cyber attacks and maintain data integrity. Intelligent algorithms can also be used by WMS to assess demand trends, traffic information, and previous order data.

Supply Chain Planning Software 48

Supply Chain Planning Software Scenario Planning Optimal Sourcing Sourcing Strategies 48