Logistics Business Magazine

APRIL 18, 2024

By analysing that data for where particular sticking points are, businesses can make informed decisions and set up adaptable strategies that can flex according to needs. Making the appropriate investments in collaborative tech can provide seamless communication as well as data and file sharing between businesses, stakeholders, and partners.

Supply Chain Planning Software 57

Supply Chain Planning Software Supply Chain Software Supply Chains How To 57

EazyStock

JANUARY 31, 2022

Inventory Management KPIs for Effective Inventory Analysis. But with a wealth of inventory KPIs available to choose from to include in your inventory analysis methods, which ones are the most important to ensure you’re on the right track to optimum efficiency? Managing inventory is a complex business. Inventory turnover ratio.

Inventory Reduction 52

Inventory Reduction Inventory Analysis Optimization Software 52

3PL Links

APRIL 5, 2024

When implemented properly, this strategy improves customer satisfaction, lowers expenses, and strengthens the company’s position in the market. It goes beyond simply being an operational strategy. This is one of the logistics strategies that needs to be reinforced the most going forward.

Supply Chain Planning Software 48

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

Logistics at MPEPS at UPV

MAY 2, 2023

Moreover, the adoption of data analytics and artificial intelligence (AI) is on the rise, with 66% of SMEs and 76% of startups integrating these technologies into their logistics strategies (Forbes, 2021). Supply chain management in small and medium enterprises: A systematic review and bibliometric analysis. K., & Sharma, M.

Supply Chain Software 52

Supply Chain Software Supply Chains Analysis Logistics Network Optimization Software 52

GlobalTranz

AUGUST 17, 2015

A vigorous supplier relationship management (SRM) strategy can assist organizations in maximizing partnership value, minimize risk, and manage costs through the entire supplier relationship lifecycle. A comprehensive supplier management strategy helps organizations arrange suppliers based on different tiers of importance and reliability. .

Sourcing Strategies 98

Sourcing Strategies Price Reduction Vendor Strategies Cost Reduction 98

GlobalTranz

APRIL 20, 2021

Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic. It’s the result of a deliberate strategy that may require tradeoffs compared to other approaches. This strategy requires greater investment and inventory carrying costs but enables continued production.

Supply Chain Planning Software 115

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

Logistics Viewpoints

APRIL 10, 2024

An agile supply chain has dynamic and adaptive capabilities, such as information, communication, coordination, and collaboration, that enable it to sense, analyze, and act on disruptions. Collaborate and communicate with supply chain partners and stakeholders, using tools such as information sharing, joint planning, and coordination.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 150

GlobalTranz

MARCH 30, 2016

Collaboration has always been seen as the stepchild at the logistics dinner table. It's nice to have around, but no one really wants to think about what collaboration means for the company. After all, how can two competitors collaborate without compromising the information and structure of each company?

Collaboration 54

Collaboration Logistics Network Optimization Software Purchasing Skills Buyer Training 54

Ship Monk

APRIL 5, 2024

Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. SRM is more than a one-and-done analysis. The Value of a Collaborative Relationship Why, you might ask, would I care about building a relationship with a supplier? And the benefits can be significant.

Negotiate Pricing 83

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 83

Logistics Viewpoints

MARCH 25, 2021

Your transportation consultant can help develop response strategies to ensure your supply chain continues to operate while the problem is addressed. Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic. Collaborate with Customers and Suppliers.

Supply Chain Planning Software 185

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 185

Turvo

JULY 30, 2021

It Analyzes Data Across the Full Network to Enable Financial Planning and Strategy. As a result, faster fulfillment and greater transparency are achieved thanks to better data analysis. It Enables Collaboration and Communication With Trading Partners. Expect the Best With Collaborative Logistics From Turvo.

Supply Chain Planning Software 98

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Transportation 98

Logistics Business Magazine

FEBRUARY 6, 2024

The solution combines load, route, and dispatch optimization to maximize vehicle and container utilization, improve collaboration between the manufacturer, carrier(s), drivers, and the consignees, and increase on-time deliveries. The post Leveraging Data-Driven Decision-Making Tech appeared first on Logistics Business® Magazine.

Data 56

Data Supply Chain Planning Software Cost Reduction Scenario Planning 56

GlobalTranz

NOVEMBER 16, 2016

Yet the majority of companies have not defined a big data strategy, and others are barely starting to notice. . �. As a result, the simplest way of defining a big data strategy must begin with understanding how it will evolve and affect the company. . How to Get Started with Your Big Data Strategy. .

Resource Reduction 91

Resource Reduction Cost Reduction Supply Chain Planning Software Supply Chain Software 91

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. Coupa Introduces a Supply Chain Collaboration Network Solution Coupa has claimed that their platform unifies processes across procurement, finance, and supply chain functions.

Supply Chain Design Software 121

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

Logistics Viewpoints

JANUARY 26, 2021

The hyper-focus on meeting customer expectations is also creating pressures upstream in the supply chain, as manufacturers extend visibility and collaboration beyond their own walls to avoid any disruptions. Digital technologies will allow companies to increase their visibility, collaboration, speed, and responsiveness ?

Supply Chain Software 161

Supply Chain Software Supply Chain Planning Software Definition Supply Chains 161

MTS Logistics

MARCH 25, 2024

Shippers may efficiently navigate the crucial negotiation period and get favorable terms and costs for shipping products over the seas by grasping the essential components of ocean freight contracts and utilizing strategic negotiation strategies.

Negotiating Skills 79

Negotiating Skills Freight Price Reduction Expense Reduction 79

3PL Links

DECEMBER 28, 2023

Collaboration with suppliers : by establishing a transparent and secure network for exchanging vital supply chain information, blockchain technology is utilized to improve supplier collaboration. Product personalization: Product personalization is made easier by the ability to comprehend customer preferences through big data analysis.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Sourcing Strategies Trends 48

CLX Logistics

NOVEMBER 21, 2023

When looking ahead to the future, it’s crucial to reflect on the past year, identify emerging trends, and strengthen strategies for benchmarking and procurement. The focus shifted towards salary and personnel-based internal strategies, allowing them to stabilize in comparison. The outcome?

Optimal Sourcing 85

Optimal Sourcing Manufacturing Procurement Procurement Cost Reduction 85

Logistics Viewpoints

APRIL 11, 2023

The post-COVID-19 (if we can claim to be post COVID) “new normal” will continue to be defined by new challenges and more importantly by the ability of the supply chain executives to manage disruption and their ability to power organization strategy and growth.

Supply Chain Planning Software 122

Supply Chain Planning Software Scenario Planning Supply Chain Design Software Modeling Software 122

GlobalTranz

JANUARY 16, 2017

Modern supply chains are evolving beyond anyone’s expectations due to increased use of cloud-computing technologies, wearables and advanced data analysis. Data Analysis Grew Exponentially, Providing More End-to-End Visibility and Continuous Improvement. Data analysis is the companion of cloud-computing technologies.

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Software Supply Chain Design Analysis 59

SYSPRO Smarter ERP

MARCH 28, 2024

It is a modern business strategy that lets company staff make decisions based on facts instead of biases. The work to get this has to be collaborative. You don’t want data that could create analysis paralysis. The volume and quality of data is important. Building a data-driven organization is an iterative process.

Manufacturing Procurement 52

Manufacturing Procurement Data Supply Chain Planning Software Optimal Sourcing 52

Logistics Viewpoints

NOVEMBER 11, 2021

Reporting to keep the inventory strategy fresh and supporting the goals of the organization. Is a replenishment strategy needed? Do a root cause analysis and correct the reason that drove the need to urgently replenish stock. Analysis will help resolve the need for unplanned activity in the future.

Inventory Reduction 123

Inventory Reduction Inventory Cost Reduction Material Savings 123

FreightWaves SONAR

JULY 24, 2023

Knowing freight costs in advance is essential to keep total landed costs in check Understanding transportation freight costs and current freight rates for lanes must be the primary goals of cost analysis. Share insights with freight management parties to encourage more collaboration and lower unexpected costs.

Cost Reduction 105

Cost Reduction Tips Expense Reduction Supply Chain Planning Software 105

Logistics Viewpoints

NOVEMBER 6, 2023

Analysis of what is reported may suggest that a supplier has not been totally forthcoming in what they have reported on the platform. Schnieder Electric’s analysis showed that their direct emissions were 20 times less than their suppliers. EcoVadis also deploys artificial intelligence to monitor online publications.

Supply Chain Planning Software 133

Supply Chain Planning Software Resource Reduction Material Savings Procurement Analytics 133

Logistics Business Magazine

OCTOBER 8, 2023

Our commitment to customer-centric innovation is reflected by features like ‘Save in Platform’ and ‘Scenario Comparison’ that facilitate more efficient and collaborative work and empower users with deeper insights. Log-hub’s Save in Platform feature allows users to save their work directly within the platform.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Design Software Optimization Software Logistics Network Optimization Software 40

Logistics Viewpoints

FEBRUARY 16, 2021

According to the Global Supply Chain Disruption and Future Strategies Survey Report, this goal was the top-ranked planned tool investment. Agility relies on having this kind transparency at your fingertips, through concurrent planning, so you aren’t waiting on analysis and a report from a link up or down the chain.

Supply Chain Planning Software 170

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 170

GoShip Blog

JANUARY 31, 2024

Many complexities come with heavy equipment hauling, and there are several common challenges and strategies employed to address these hurdles. Effective strategies, including meticulous planning, safety adherence, and environmental responsibility, are key to overcoming these obstacles.

Waste Reduction 52

Waste Reduction Cost Reduction Resource Reduction Material Savings 52

Logistics Business Magazine

OCTOBER 8, 2023

Our commitment to customer-centric innovation is reflected by features like ‘Save in Platform’ and ‘Scenario Comparison’ that facilitate more efficient and collaborative work and empower users with deeper insights. Log-hub’s Save in Platform feature allows users to save their work directly within the platform.

Supply Chain Planning Software 36

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 36

MTS Logistics

SEPTEMBER 1, 2023

Addressing these challenges often requires a combination of strategic planning, technology adoption, collaboration with partners, regulatory compliance, and ongoing monitoring. Financial Pressures Pressure to reduce costs can lead to decisions that compromise the resilience and flexibility of supply chains.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 94

3PL Links

DECEMBER 2, 2022

Strategies for efficient inbound logistics that you can use in your business. Allows for performance analysis. The company’s productivity and profitability will rise as a result of good supply chain operation collaboration. Inbound Logistics Strategies. Examples of Inbound Logistics Strategies.

Inbound 62

Inbound Sourcing Strategies Material Savings Inventory Reduction 62

3PL Links

APRIL 16, 2024

Large-scale information retention and critical analysis are necessary for a warehouse to operate at peak efficiency. Making decisions for the future of the company that are more aggressive and unambiguous requires careful consideration and analysis of this data.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Optimization Software 48

MTS Logistics

FEBRUARY 21, 2024

Cultural Protocols and Business Habits Collaborating with companies from different cultural backgrounds requires sensitivity to business protocols, ceremonies, and cultural nuances. Translation errors and misunderstandings can pose legal problems, impacting the company both economically and in terms of customer satisfaction.

Expense Reduction 80

Expense Reduction Resource Reduction Cost Reduction Transportation 80

Automotive Logistics

FEBRUARY 8, 2019

Transformation strategy. To do that CHEP launched its ‘Be a Transformer’ strategy in June 2018 and Gilder says the company has made significant progress. “As We knew we had to change the culture first before we could implement any kind of strategy,” says Gilder. “We The strategy has already had tangible results.

Cost Reduction 28

Cost Reduction Waste Reduction Expense Reduction Inventory Reduction 28

Trinity Logistics

JULY 6, 2021

The bottom line is this is a reactive strategy focused on individuals’ tasks. Are your current strategies effective? While a siloed strategy may have made sense for you at one point, companies grow and change. Data is a key driver for the strategy on this one. Do you know if you are utilizing the right carriers?

Optimization Software 71

Optimization Software Optimal Sourcing Sourcing Strategies Price Reduction 71

SYSPRO Smarter ERP

MARCH 2, 2022

To mitigate the risk of unexpected supply chain disruptions, sourcing strategies will need to be revised. In an environment of volatility and uncertainty, risk analysis is becoming part of the procurement process. Collaboration with Finance. Resiliency. Risk management.

Optimal Sourcing 116

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Software 116

CLX Logistics

APRIL 22, 2024

1] Chemical supply chain planning specifically refers to applying supply chain planning principles and strategies within the context of the chemical industry. Establishing a collaborative approach to decision-making ensures support at all levels of the organization.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 97

CLX Logistics

NOVEMBER 21, 2023

When looking ahead to the future, it’s crucial to reflect on the past year, identify emerging trends, and strengthen strategies for benchmarking and procurement. The focus shifted towards salary and personnel-based internal strategies, allowing them to stabilize in comparison. The outcome?

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Procurement Cost Reduction 52