SYSPRO Smarter ERP

MAY 2, 2024

ERP trends 2024 – achieving business success through the use of innovative technologies Now that Artificial Intelligence and Machine Learning are firmly established, we expect to see a massive take-up of these technologies by manufacturers in 2024. The other emerging area around AI in ERP focuses on trend analysis and forecasting.

ERP 59

ERP Supply Chain Planning Software Modeling Software Optimization Software 59

FreightWaves SONAR

JANUARY 28, 2021

Adjusting current logistics strategies demonstrated the second great challenge of the pandemic. Embracing new and improved logistics strategies remains the best way to adapt to clients’ changing demands in 2021 and beyond. Now more than ever, shippers need to find innovative ways to make the most of real-time freight data and analysis.

Waste Reduction 105

Waste Reduction Resource Reduction Price Reduction Cost Reduction 105

3PL Links

MAY 19, 2024

Image source: PxHere | Mastering Demand and Inventory Planning: Essential Strategies for Success Have you ever thought about how businesses effectively satisfy customer demand and maintain supplied inventory? Gathering market data, including information on competitors, consumer trends, and economic projections, is the second phase.

Inventory Reduction 48

Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 48

Locus

JUNE 16, 2023

Customer satisfaction and keeping costs in check rests on optimal last-mile delivery operations. Naturally, the costs of meeting such expectations, especially on the delivery front are also increasing. The biggest challenge that logistics providers face is rising last-mile carrier delivery costs. These include: 1.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

FreightWaves SONAR

MARCH 2, 2021

From a financial standpoint, transportation cost analysis remains focused on determining the value of the resources used to execute a given shipment and goes well beyond benchmarking. Moreover, this kind of analysis does not focus on who ends up paying which expenses in the end. Limited data sharing within the chain.

Analysis 98

Analysis Price Reduction Cost Reduction Supply Chain Planning Software 98

GoShip Blog

FEBRUARY 7, 2023

Over the years, marketing strategies have evolved with the times, the advent of technology, and changes in consumer behavior. Why a Solid Marketing Strategy is Important A marketing strategy refers to a business’s action plan for achieving its short and long-term goals and developing a sustainable competitive advantage.

Waste Reduction 52

Waste Reduction Price Reduction Resource Reduction Expense Reduction 52

EazyStock

APRIL 13, 2022

What is a supply chain strategy? A supply chain strategy explains how a company will bring goods into the business and get them out to customers as effectively as possible. Considering every phase in the supply chain, such as sourcing goods, logistics and delivery, the strategy optimizes operations to reduce costs and maximize profits.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 52

The Logistics of Logistics

JULY 31, 2023

Applying the strategies and methodologies he learned while serving Fortune 1000 brands as a strategist, Adam brings both creative and practical strategies that move the needle for the mid-market companies he serves. Adam is also an entrepreneur. Tusk save Shippers 40% or more on small parcel shipping.

Supply Chain Design Software 281

Supply Chain Design Software Logistics Network Optimization Software Modeling Software Cost Reduction 281

FreightWaves SONAR

FEBRUARY 11, 2021

However, enterprise shippers can make a comeback by implementing smart truckload shipping strategies by retooling and putting freight forecasting power to work. And these additional five shipping strategies can help enterprise shippers maximize recovery and boost profits. Freight transport cost per shipment. It’s that simple.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Supply Chain Planning Software Optimization Software 98

Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. One of the most powerful tools employed in this endeavor is the ABCD Analysis.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. One of the most powerful tools employed in this endeavor is the ABCD Analysis.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Log-hub

NOVEMBER 22, 2023

7 min read Maximizing Warehouse Efficiency: Unleashing the Potential of ABCD Analysis In the dynamic world of supply chain management, optimizing warehouse operations has become an indispensable factor for businesses. One of the most powerful tools employed in this endeavor is the ABCD Analysis.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Conger

APRIL 1, 2024

By carefully planning and scheduling maintenance before issues arise, businesses can avoid interruptions and reduce costs associated with emergency repairs and downtime. Continue reading to learn more about this essential strategy to ensure your equipment performs optimally at all times. Let’s dive in!

Material Savings 82

Material Savings Expense Reduction Resource Reduction Cost Reduction 82

3PL Links

MARCH 29, 2023

Image Source: Pexels | Exploring Top 10 Logistics Trends for 2023 and Beyond The adoption of new technology will modernize your company, ensure strong competitive advantages, and make jobs that before looked difficult efficient and productive. Image Source: Pexels | Exploring Top 10 Logistics Trends for 2023 and Beyond 6.

Trends 107

Trends Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 107

3PL Links

DECEMBER 28, 2023

Top Game-Changing Logistics Trends for 2024: Redefining Global Supply Chains | Image source: Flickr Understanding logistics trends is essential for business, and trend research may help organizations of all sizes predict changes, spot areas for innovation, and remain relevant in a market that is becoming more and more competitive.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Sourcing Strategies Trends 48

3PL Links

FEBRUARY 19, 2024

Image source: Flickr | Navigating Trends and Projections in Logistics for 2024 The logistics industry is always changing due to fluctuations in the market, technology advancements, and the never-ending quest for efficiency.

Sourcing Strategies 48

Sourcing Strategies Trends Inventory Reduction Logistics Network Optimization Software 48

Logistics Viewpoints

DECEMBER 15, 2022

For companies that want to go beyond the traditional spreadsheet, which cannot handle this ocean of information efficiently, statistical methods such as cluster analysis can help. What is Cluster Analysis? Cluster analysis is a statistical umbrella term for methods that classify data points according to their attributes.

Optimal Sourcing 116

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 116

FreightWaves SONAR

MAY 7, 2024

This approach is cumbersome and fraught with challenges such as limited visibility, inefficient data management and difficulties in bid analysis. Centralization and Standardization These platforms centralize procurement tasks, reducing the reliance on multiple spreadsheets and allowing for a more organized approach to managing bids.

Optimal Sourcing 64

Optimal Sourcing Optimization Software Supply Chain Software Procurement 64

FreightWaves SONAR

JULY 24, 2023

Freight costs and budget adherence are among the most important and often overlooked aspects of transportation management. The costs of logistics as a ratio of total expenses are too significant to ignore. In most industries, supply chain logistics account for 5% to 50% of a product’s total cost.”

Cost Reduction 105

Cost Reduction Tips Expense Reduction Supply Chain Planning Software 105

Log-hub

MAY 22, 2024

In today’s complex and interconnected global economy, managing supply chains has evolved into a sophisticated discipline that requires advanced tools and strategies. Type of Multi-Tier Supply Chain Analytics DESCRIPTIVE ANALYTICS : Involves analyzing historical data to understand past performance and identify trends.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Material Savings Supply Chain Planning Software 52

Log-hub

MAY 22, 2024

In today’s complex and interconnected global economy, managing supply chains has evolved into a sophisticated discipline that requires advanced tools and strategies. Type of Multi-Tier Supply Chain Analytics DESCRIPTIVE ANALYTICS : Involves analyzing historical data to understand past performance and identify trends.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Material Savings Supply Chain Planning Software 52

3PL Links

APRIL 29, 2024

Image source: Rawpixel | The Future of Supply Chain: Top 5 Supply Chain Trends in 2024 Managing the market’s intricacies will call for a proactive approach that goes beyond simply responding to demands as the halfway point of 2024 draws near. Top 5 Supply Chain Trends in 2024 1.

Supply Chain Software 48

Supply Chain Software Supply Chains Optimal Sourcing Trends 48

Conger

MARCH 28, 2024

Here are the new trends in technologies that continue to impact fleet management practices: Autonomous vehicles : I am sure you have already seen autonomous vehicles used in military applications or niche logistics. MaaS can lead to cost-minimization of transport services like public transportation, rental, and sharing offerings.

Optimization Software 73

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 73

MTS Logistics

DECEMBER 15, 2023

Within the project cargo sector, there is a growing trend in infrastructure development investments that are driving the demand for project cargo services. Automation and advanced cargo handling equipment in project cargo is also helping by slashing shipping times and even nearly eliminating errors.

Trends 79

Trends Cargo Supply Chain Software Logistics Network Optimization Software 79

SYSPRO Smarter ERP

MARCH 20, 2024

For manufacturers, having the right business intelligence on hand at the right time can eliminate the guesswork from decision making, offering real-time visibility into business processes so you can anticipate your next move. Data warehousing costs rise. Eliminate reporting inconsistencies and data redundancy. Human error.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Expense Reduction Cost Reduction 105

3PL Links

DECEMBER 3, 2023

Predictive Analysis in Logistics and Supply Chain: How to Apply | Image source: Pexels In logistics, predictive analysis is simply the process of identifying and forecasting patterns, trends, and behaviors in both human and machine learning approaches, data, and algorithms. This ratio increased to 54% in 2022.

Supply Chain Planning Software 48

Supply Chain Planning Software Optimal Sourcing Analysis Supply Chain Software 48

Logistics Viewpoints

FEBRUARY 8, 2024

Predictive and prescriptive analytics have emerged as valuable tools that enable warehouse operations managers to streamline processes, minimize costs, and enhance productivity. Newer, more dynamic slotting models use AI to eliminate the need for manual engineering and measurement.

Optimization Software 144

Optimization Software Modeling Software Efficiency Inventory Reduction 144

The Logistics of Logistics

AUGUST 28, 2023

Throughout her career, Sarah has been recognized for developing and executing sales strategies that help clients choose the best products for their needs. DAT.com provides real-time information on trucking rates, capacity, and market trends, allowing users to make informed decisions.

Supply Chain Planning Software 361

Supply Chain Planning Software Logistics Network Optimization Software Optimization Software Optimal Sourcing 361

WorkWave

MAY 30, 2024

From selecting the right suppliers to fostering strong partnerships, this guide will provide valuable insights and strategies for field service organizations looking to enhance their supplier relationships. This leads to cost savings, increased productivity, and improved overall business performance. Get Started With ServMan Software!

Negotiate Pricing 52

Negotiate Pricing Negotiating Skills Vendor Strategies Material Savings 52

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. Procurement Event Strategies. Not every platform offers expert-enhanced procurement event strategies on top of a digital platform!

Material Savings 40

Material Savings Sourcing Strategies Cost Reduction Inventory Reduction 40

FreightWaves SONAR

DECEMBER 15, 2020

Carriers and transportation experts are always looking for ways to cut costs and maximize spending. A freight spend analysis can help cut those extra costs. By doing so, carriers and experts pinpoint logistics cost contributors. Know the scope and value of a freight spend analysis. Let’s face it.

Analysis 59

Analysis Procurement Analytics Optimization Software Optimal Sourcing 59

Logistics Business Magazine

MAY 17, 2023

There is currently a trend on the market, both nationally and internationally, for brownfield solutions – i.e., the integration of new technology into existing buildings – to become increasingly attractive and a viable addition to the greenfield strategy. The result is another positive cost and time factor. •

Cost Reduction 51

Cost Reduction Efficiency Material Savings Waste Reduction 51

MTS Logistics

DECEMBER 12, 2022

Increases in fuel, disruptions in supply chain and rising labor costs have severely impacted business’ margins. Various factors will continue to influence Supply Chain Management trends in 2023 and beyond. Increasing Supply Chain and Delivery Costs. Today, less demand for truck capacity results in lower trucking rates.

Supply Chain Software 83

Supply Chain Software Supply Chains Trends Cost Reduction 83

MTS Logistics

FEBRUARY 5, 2024

Autonomy to Make Decisions Quickly Its autonomy allows drones to navigate around traffic congestion and logistical obstacles, leading to more efficient delivery routes and reduced overall delivery times. While initial investments are necessary, drones have the potential to lower labor costs by operating continuously without breaks.

Trends 91

Trends Supply Chain Software Cost Reduction Material Savings 91

3PL Links

MAY 9, 2024

This strategy seeks to save expenses, minimize errors, boost operational effectiveness, and expedite response to market demands. Furthermore, smart warehousing reduces human error, increasing the accuracy of inventory tracking and lowering losses.

Warehousing 48

Warehousing Optimal Sourcing Inventory Reduction Expense Reduction 48

3PL Links

APRIL 5, 2024

Increasingly quick delivery requirements, fluctuating transportation costs, and unpredictability of outside events are just a few of the supply chain management difficulties businesses confront. When implemented properly, this strategy improves customer satisfaction, lowers expenses, and strengthens the company’s position in the market.

Supply Chain Planning Software 48

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

3PL Links

APRIL 16, 2024

Image source: Wikimedia | Top 9 Technology Trends for Your Warehouse in 2024 Distribution warehouses bear a great deal of responsibility these days because of the direct impact their operations have on the customer experience. Large-scale information retention and critical analysis are necessary for a warehouse to operate at peak efficiency.

Supply Chain Planning Software 48

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