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

EazyStock

AUGUST 28, 2023

In this blog, we’ll explore the untapped potential of data-driven inventory management. If that’s your reality, you’ll identify with the leading precision engineering cutting tool distributor, Cutwel. Automating inventory analysis allows you to carry out multi-dimensional item categorization including more variables.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

3PL Links

APRIL 5, 2024

Image source: Shipbob | Top 10 Practical Supply Chain Management Tips for Businesses Effective supply chain management becomes an increasingly important sector full of strategic opportunities and difficulties in an increasingly dynamic and complicated network. Check out 10 practical tips to improve your company’s supply chain management: 1.

Supply Chain Planning Software 48

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

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

SYSPRO Smarter ERP

JUNE 9, 2022

Mid-market manufacturers need a tool that’s tailored to their needs. The BI tool needs to be able to easily pull all this data together for analysis. Bringing in additional outside data sources can make analysis even more powerful by enabling one to look at a question from a more holistic point of view.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Software 98

CLX Logistics

MARCH 4, 2024

Supply chain planning aims to ensure that the right products are available at the right place, time, and quantity while minimizing costs and optimizing overall efficiency. Digitization offers a comprehensive solution to better manage and optimize for these challenges. How efficient is your freight management system?

Supply Chain Planning Software 52

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

CLX Logistics

DECEMBER 1, 2022

A TMS combines valuable technology that helps you plan, execute, and optimize incoming and outgoing shipments while ensuring all deliveries are properly documented and compliant with industry standards and regulations. These are the essential elements of an effective TMS and a necessity for improving your logistics workflows.

Supply Chain Planning Software 89

Supply Chain Planning Software Optimization Software Optimal Sourcing Logistics Network Optimization Software 89

FreightWaves SONAR

DECEMBER 15, 2020

A freight spend analysis can help cut those extra costs. Performing a freight spend analysis reveals extra costs deriving from unforeseen issues. Let’s look at a few best practices and steps to conduct a comprehensive, insightful cost analysis. Know the scope and value of a freight spend analysis.

Analysis 59

Analysis Procurement Analytics Optimization Software Optimal Sourcing 59

3PL Links

MAY 3, 2023

Improving Supply Chain Visibility: The Impact of Data Strategy | Image source: Pixabay A business-contextualized data approach is crucial for boosting supply chain visibility, especially during downturns. This requires knowing precisely what details should be collected and trusting the sources of this data.

Sourcing Strategies 62

Sourcing Strategies Inventory Reduction Material Savings Cost Reduction 62

GlobalTranz

OCTOBER 6, 2021

As the state of the trucking market evolves and innovations improve , OTR freight management technologies and logistics service providers offer transportation management optimization to help businesses avoid significant supply chain disruption. Carrier Vetting for OTR Freight . Enabling Data-Driven Decision-Making .

Optimal Sourcing 86

Optimal Sourcing Optimization Software Modeling Software Supply Chain Software 86

SYSPRO Smarter ERP

MAY 2, 2024

Ever-evolving business requirements are another strong influencer as manufacturers strive to improve business processes and efficiencies. This market growth is being propelled by the drive to improve operational efficiencies, the competitive advantages to be gained by adopting cloud-based ERP and the benefits offered by AI and ML.

ERP 59

ERP Supply Chain Planning Software Modeling Software Optimization Software 59

Locus

DECEMBER 7, 2021

Presently, their major focus lies on local production, warehousing and strategic sourcing. With the pandemic and political instability, businesses in the Middle East have begun to reconsider supply chain strategy to improve their resilience. How network optimization solutions help companies counter supply chain disruptions.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

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. You don’t want data that could create analysis paralysis. The work to get this has to be collaborative.

Manufacturing Procurement 52

Manufacturing Procurement Data Supply Chain Planning Software Optimal Sourcing 52

3PL Links

MARCH 18, 2024

Image source: Rawpixel | Top 5 Inventory Management Tips for Small Businesses The retailer who thinks that inventory control is an exclusive activity for large retail organizations is mistaken. Have management software Management software is the best tool for retailers to control not only inventory but the entire store operation.

Inventory Reduction 48

Inventory Reduction Inventory Tips Optimization Software 48

AIMMS

OCTOBER 22, 2019

The supply chain division fulfills 40,000 individual customer orders every day, making sure that 32,000 engineers get the tools, parts and equipment they need to deliver support and services. It has helped us dynamically optimize our engineer sources as we go. It has helped us dynamically optimize our engineer sources as we go.

Supply Chain Design Software 96

Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software Supply Chain Software 96

CLX Logistics

JULY 26, 2021

Let’s look at the facts – the percentage of supply chain managers using new analytics tools and services to develop better bidding strategies has increased from 17% in 2017 to more than 30% in 2020. 1 As the ability to strategize bidding continues to improve and keep shippers competitive, that number will continue to grow.

Material Savings 40

Material Savings Sourcing Strategies Cost Reduction Inventory Reduction 40

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

GoShip Blog

JUNE 16, 2021

AI in supply chain and operations can efficiently handle data for analysis and automated functions. In particular, AI can help in demand forecasting, warehousing, and logistics route optimization: By efficient collection and analysis of information and inventory processing . Improved supplier relationship.

Supply Chain Planning Software 52

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

AIMMS

DECEMBER 1, 2016

It was created initially by Oliver Wight and has become the standard procedure to improve business performance and predictability. In this blog post, I will delve into 5 issues companies typically experience with their S&OP software. image source: [link]. Sales & Operations planning has been around for 30 years.

Supply Chain Planning Software 103

Supply Chain Planning Software Optimization Software Optimal Sourcing Modeling Software 103

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. During a crisis, that’s entirely too late. Redesign your network.

Supply Chain Planning Software 115

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

3PL Links

OCTOBER 24, 2023

How can supply chain performance be improved? Mastering Supply Chain Management KPIs: Your Comprehensive Guide to Success | Image source: Pixabay What are supply chain management KPIs? Read also: 7 Efficient Strategies to Mitigate Risks in the Supply Chain How to improve your supply chain KPIs?

Supply Chain Software 48

Supply Chain Software Supply Chains Optimization Software Optimal Sourcing 48

AIMMS

NOVEMBER 2, 2020

This can result in different teams using different data formats, diverging results from data analysis, and hence poorly aligned decision making. In such cases, it’s hard to align the team around a common source of truth. Tooling is there to support organizations in decision making once the process improvements are clearly identified.

Supply Chain Planning Software 127

Supply Chain Planning Software Purchasing Skills Cost Reduction Optimal Sourcing 127

GlobalTranz

SEPTEMBER 23, 2021

A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. As the industry evolves and innovations improve, OTR freight management technologies offer?? transportation management optimization ?to Access to real-time data and the ability to perform real-time analysis ?enables

Optimal Sourcing 123

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

Parade

MARCH 26, 2019

By deploying dynamic carrier profiles, your matching system improves beyond lane preferences and learns where carriers want freight by predicting where they will have capacity to supercharge your TMS and carrier sales team. A simple stream of data that is often overlooked is a source of live information from carrier emails.

Optimal Sourcing 79

Optimal Sourcing Logistics Network Optimization Software Price Reduction Digital 79

3PL Links

AUGUST 2, 2023

The Role of Robotic Process Automation (RPA) in Supply Chain Management | Image source: mobisoftinfotech.com Through the use of technologies like Machine Learning and Artificial Intelligence, robotic process automation (RPA) applications let you do operations for a set amount of time using software solutions or bots stored on servers.

Supply Chain Software 62

Supply Chain Software Supply Chain Planning Software Supply Chains Automation 62

EazyStock

JUNE 10, 2022

The right software or tech stack can improve supply chain functionality, productivity, and profitability, ultimately making your job easier. Warehouse management systems (WMS) help streamline and optimize warehouse operations. Inventory optimization. Apps can also support our working lives, replacing or enhancing processes.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 52

EazyStock

FEBRUARY 7, 2020

In this three-part blog series we’re looking at each of these inventory management problems. 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. Optimizing Inventory Levels as SKUs Grow.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

SYSPRO Smarter ERP

AUGUST 31, 2023

If you are a finance professional in a manufacturing business, your main goals are to reduce risk, improve profitability, and maintain high levels of compliance. To build and customize reports many teams use Excel, the accountant’s favorite tool. Pulling data takes time and then you must format it for analysis and check for errors.

Optimal Sourcing 111

Optimal Sourcing Optimization Software Data Optimization 111

FreightWaves SONAR

FEBRUARY 11, 2021

Digital freight matching is growing more valuable as a way to source meaningful capacity Companies and freight managers that have embraced digital technology and automation remain more likely to thrive. And it has opened new channels for capacity procurement. Having the right tools and analytics platforms make it all possible.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Supply Chain Planning Software Optimization Software 98

CLX Logistics

DECEMBER 1, 2022

Preliminary estimates show a drop in sales for 2023 and a potential 5-10% slowdown in business, so many companies are searching for cost-saving avenues aside from or in addition to their usual practices—and looking for alternative options and improvements for shipping and logistics is a prime road to travel down first.

Tips 52

Tips Logistics Network Optimization Software Optimal Sourcing Manufacturing Procurement 52

Morai Logistics

FEBRUARY 15, 2018

Their benefits range from supporting SME start-ups to optimizing transport management systems, and even improving transparency with customers. InBound Logistics also speaks to the integral role AI will have in optimizing transportation management systems (TMS) to a more efficient level than in the past.

Supply Chain Software 60

Supply Chain Software Optimization Software Optimal Sourcing Modeling Software 60

Parade

FEBRUARY 12, 2019

By deploying dynamic carrier profiles, your matching system improves beyond lane preferences and learns where carriers want freight by predicting where they will have capacity to supercharge your TMS and carrier sales team. A simple stream of data that is often overlooked is a source of live information from carrier emails.

Optimal Sourcing 60

Optimal Sourcing Logistics Network Optimization Software Price Reduction Digital 60

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. ABC/XYZ analysis can help identify the most valuable items to your business. You can read more about demand forecasting techniques in our article.

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. ABC/XYZ analysis can help identify the most valuable items to your business. Improving forecast accuracy. Getting the basics right.

Supply Chain Planning Software 52

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

CLX Logistics

FEBRUARY 22, 2024

Procurement management stands at the crossroads of technological innovation and strategic decision-making. 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.

Optimal Sourcing 52

Optimal Sourcing Procurement Negotiating Skills Supply Chain Software 52

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!” Do you know the optimal service levels of your inventory? This includes stock health analysis, service levels and stock turn. ” [1]. Automated alerts.

ERP 72

ERP Inventory Reduction Inventory Optimal Sourcing 72

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:

Supply Chain Software 48

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