GlobalTranz

AUGUST 18, 2021

That includes analysis of current operations, costs by mode, performance and benchmarking of existing partnerships. Focus on Carrier Procurement and Management. That includes helping shippers manage the final mile procurement process and even offering in-house services that are available within the 3PL.

Logistics Network Optimization Software 123

Logistics Network Optimization Software Optimal Sourcing Optimization Software Modeling Software 123

Logistics Bureau

APRIL 3, 2023

Across our many blog posts, videos, webinars, eBooks, and other shared content, you’ll find a wealth of information about various aspects of outsourcing in the supply chain. However, I can’t recall writing a general guide about exploiting outsourcing opportunities to improve your supply chain.

Outsourcing 87

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 87

FreightWaves SONAR

JULY 24, 2023

For example, according to Global Trade Magazine , “One critical factor that executives should monitor closely is logistics management. This sector covers important activities relating to procurement, transport, and storage of goods. The costs of logistics as a ratio of total expenses are too significant to ignore.

Cost Reduction 105

Cost Reduction Tips Expense Reduction Supply Chain Planning Software 105

GlobalTranz

JULY 28, 2021

For instance, managed transportation includes value-added logistics capabilities, including: Logistics consulting and analysis to understand current needs, costs, savings opportunities by mode, benchmarking and implementation or training of new systems. Transportation optimization can occur at a network level and an execution level.

Optimal Sourcing 126

Optimal Sourcing Optimization Software Optimization Supply Chain Design Software 126

CLX Logistics

JULY 26, 2021

Here are the main features of modern supply chain analytics solutions and services that help shippers optimize freight procurement, bidding, and benchmarking. Next-generation supply chain management tools like CLX LaneLogix are a perfect example of the type of system. Procurement Event Strategies. Ongoing Spend Analysis.

Material Savings 40

Material Savings Sourcing Strategies Cost Reduction Inventory Reduction 40

SYSPRO Smarter ERP

NOVEMBER 30, 2021

It provides the facility to analyze forecasting errors, share data between departments such as procurement, identify sales trends and seasonality. Other related tools such as Pareto analysis identify which products are most profitable and hence those you should focus your attention on. Stay Agile, Get Ahead.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Manufacturing Procurement 105

Infosys Supply Chain Management

FEBRUARY 4, 2013

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. View all Infosys blogs. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. Business Process Outsourcing. Customer Service. Human Resources.

Supply Chain Planning Software 25

Supply Chain Planning Software Supply Chain Software Blog Supply Chains 25

Infosys Supply Chain Management

APRIL 8, 2014

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. View all Infosys blogs. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. Business Process Outsourcing. Customer Service. Human Resources.

Supply Chain Planning Software 35

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Modeling Software 35

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. Innovative around procurement and regulation.

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. Innovative around procurement and regulation.

Optimal Sourcing 62

Optimal Sourcing Cost Reduction Waste Reduction Material Savings 62

GlobalTranz

SEPTEMBER 28, 2016

Editor's Note: Today's blog is by Dr. Muddassir Ahmed of muddassirism.com. In this blog he provides a simple reference guide to better yourself as a supply chain leader. Here are few examples which I used: Focus Supplier improvement results (DPPM and/or OTD with min. How to Track Performance. 50% improvement) min.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 89

EazyStock

NOVEMBER 6, 2020

In this blog, we’ll take the four types of carrying costs in turn and understand their real impact on your bottom line. This includes the money spent procuring the goods, the interest lost when working capital is turned into stock and the opportunity cost of the money invested. Capital costs.

Inventory Reduction 40

Inventory Reduction Purchasing Skills Optimal Sourcing Cost Reduction 40

SYSPRO Smarter ERP

FEBRUARY 6, 2023

An ERP system that includes various tools for reporting and analysis is important in allowing people to make decisions based on data. For example, in procurement, AI can assist in strategic sourcing and supplier risk monitoring, as well as identifying potential fraud in payments.

Digital 52

Digital Manufacturing Procurement ERP Supply Chain Software 52

EazyStock

FEBRUARY 7, 2020

In this three-part blog series we’re looking at each of these inventory management problems. For example, some will be at the growth stage with either positive demand or ‘fast’ demand e.g. selling a steady volume. Accurate Demand Forecasts for Intelligent Procurement. Increased stock levels to ensure stock availability.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization 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

AIMMS

SEPTEMBER 17, 2019

We wanted to have a robust analysis that we fully understood. But the speed of analysis did not match the speed of decision-making required by the business. As supply chain professionals, we often fall into the trap of creating a functional checklist procurement can then turn into a scoring model for new vendors.

Supply Chain Design Software 102

Supply Chain Design Software Modeling Software Supply Chain Software Supply Chain Design 102

EazyStock

FEBRUARY 17, 2021

A simple way to do this is to use a basic ABC analysis model to divide inventory into: A items – typically sell well and are profitable to the business. For example, you may want to carry more items that consistently sell well and are cheap to stock, versus those that are expensive with intermittent demand.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction 75

EazyStock

MARCH 26, 2018

Through better inventory management, we’ve been able to support our stock management and procurement processes much better, which has even resulted in higher profits!” In Microsoft Dynamics NAV for example, you can set values for reorder points and safety stock levels. ” [1]. Enhance your ERP Inventory Management.

ERP 72

ERP Inventory Reduction Inventory Optimal Sourcing 72

Logistics Bureau

NOVEMBER 6, 2023

Of course, switching to more efficient lighting requires significant investment, especially if you choose induction lights, which are particularly expensive to procure. For example, could some areas of your warehouse be adapted via racking optimisation to store higher inventory volumes? Are Our Processes Optimal?

Cost Reduction 107

Cost Reduction Purchasing Skills Waste Reduction Material Savings 107

GlobalTranz

APRIL 23, 2015

Editor’s Note: This post is a continuation of an ongoing collaborative blog series with Spendrix, a company who was made for procurement teams of all sizes and we currently serve customers in Manufacturing, Oil & Gas, Construction, Logistics, and the Food & Beverage industries.

Manufacturing Procurement 97

Manufacturing Procurement Cost Reduction Supply Chain Software Optimal Sourcing 97

EazyStock

APRIL 18, 2023

In this blog, we focus on how supply chain and inventory management professionals can mitigate the impact of high inflation and interest rates. Higher interest rates make borrowing money more costly, making financing day-to-day operations such as inventory procurement, transportation and storage more expensive. Higher costs of storage.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Reduction Optimal Sourcing 52

Infosys Supply Chain Management

JANUARY 15, 2014

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. View all Infosys blogs. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. hmm.gadgets, graphs, analysis etc. Customer Service.

Supply Chain Planning Software 39

Supply Chain Planning Software Supply Chain Software Supply Chains Expense Reduction 39

EazyStock

DECEMBER 17, 2019

One notable example is Amazon, who uses AI to track customers’ purchasing habits and to use that information to make recommendations for other products. AI can be used in supply chain planning to analyze huge datasets and provide an analysis of supply and demand trends for better procurement.

Supply Chain Software 81

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 81

EazyStock

JULY 25, 2020

I oversee our warehousing and procurement processes. One of the benefits of EazyStock is the automated analysis of each SKU to make sure it has the right demand type assigned. One example – particularly within our industry – is having technology that monitors machinery (our company’s valves, pumps, etc.)

Supply Chain Software 52

Supply Chain Software Optimization Software Automation Optimal Sourcing 52

EazyStock

DECEMBER 13, 2021

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. Introducing ABC analysis to categorize your stock would help identify these so you can prioritize your time. The aim is to increase your options when you need to economically procure stock in an emergency.

Inventory 52

Inventory Supply Chain Planning Software How To Supply Chain Software 52

EazyStock

MARCH 4, 2021

A basic form of inventory categorization is ABC analysis. With ABC analysis, you group products based on one dimension: value. For example, EazyStock has an order fill-up feature that allows you to work to minimum order quantity, value or weight restrictions. Use automation to improve insights.

Optimal Sourcing 59

Optimal Sourcing Inventory Reduction Inventory Optimization Software 59

Infosys Supply Chain Management

FEBRUARY 8, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. View all Infosys blogs. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. Business Process Outsourcing. Customer Service. Human Resources.

Supply Chain Planning Software 34

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Supply Chains 34

Infosys Supply Chain Management

MARCH 28, 2014

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. View all Infosys blogs. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. Business Process Outsourcing. Customer Service. Human Resources.

Supply Chain Planning Software 22

Supply Chain Planning Software Supply Chain Software Supply Chains Manufacturing Procurement 22

GlobalTranz

APRIL 30, 2015

Editor’s Note: We continue our collaborative blog series with Ben Goldwasser of Spendrix, a company who helps shippers determine which carriers operate best in certain regions, and conditions, allowing you to be more thorough. This post is the second in a series of “How to Spot Supplier Risk.”

Buyer Training 93

Buyer Training Training Security Logistics Network Optimization Software 93

Logistics Viewpoints

DECEMBER 14, 2023

And even before they begin, they must realize these problems are too big for any single team—supply chain must connect with finance and procurement to treat the n-tier suppliers as an extended part of their network and become their preferred customer. For this to happen, finance needs to be in lockstep with procurement.

Supply Chain Design Software 139

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Optimal Sourcing 139

Infosys Supply Chain Management

APRIL 27, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. View all Infosys blogs. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. Business Assurance: Supply Chain Blogs. Procurement Blog.

Supply Chain Planning Software 22

Supply Chain Planning Software Supply Chain Software Supply Chains Manufacturing Procurement 22

Logistics Viewpoints

SEPTEMBER 19, 2023

The bullwhip effect is one example of this disruptive effect, when small changes in demand cause huge demand spikes downstream. Table 1 describes a few examples of these types of risks. Examples of disruptive risks are suppliers going out of business or shipwrecks that result in the loss of cargo containers.

Supply Chain Design Software 138

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 138

SYSPRO Smarter ERP

JANUARY 19, 2022

For example, one of the main problems with Asian-US trade is that all container ship deliveries are now routed to the West Coast, even though the bulk of America’s manufacturers are based on the East Coast. The post How manufacturers and distributors can mitigate disruption in the global supply chain appeared first on SYSPRO Blog.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 105

Freightos

NOVEMBER 21, 2023

Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) decreased 2% to $2,383/FEU. America weekly prices increased 9% to $2.00/kg.

Optimal Sourcing 114

Optimal Sourcing Negotiating Skills Price Reduction Demo 114

SYSPRO Smarter ERP

NOVEMBER 13, 2023

One of the big challenges facing manufacturers is inadequate reporting and analysis capabilities. ERP software integrates various business processes, such as accounting, manufacturing, inventory, procurement and sales into a single database. What do BI and ERP do?

ERP 64

ERP Manufacturing Procurement Inventory Reduction Optimal Sourcing 64

Logistics Bureau

MAY 8, 2023

By neglecting or underestimating the need for meaningful analysis, they typically fail to attain anything like the value they might receive with effective carrier management. For example, if your business relies on freight shipping, you can partner with a service provider that will hook your company directly into its TMS solution.

Negotiating Skills 62

Negotiating Skills Cost Reduction Resource Reduction Price Reduction 62

Infosys Supply Chain Management

DECEMBER 30, 2013

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. View all Infosys blogs. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. Watch out for my next blog on how we can achieve this.

Blog 30

Blog Optimal Sourcing Manufacturing Procurement Supply Chain Software 30