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Capitalizing on ERP trends in 2024

SYSPRO Smarter ERP

The other emerging area around AI in ERP focuses on trend analysis and forecasting. Although machine learning models have been in place for some time, they are now becoming much more prevalent because of the high volumes of data in ERP systems. These range from data migration to integration, security and training.

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Maximize Ecommerce Supplier Relationships

Ship Monk

The process involves collecting quantitative and qualitative data concerning vendor-provided goods and services, and analyzing this data for opportunities to improve (or reasons to end) the relationship. Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. If so, good on you!

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Why is freight data a powerful weapon in the era of COVID-19?

FreightWaves SONAR

The COVID-19 crisis unveiled major issues within global supply chains and, as we have seen with SONAR freight data, volatility in the market. As core sections of economies around the globe shut down, manufacturers and vendors found themselves in a precarious position. HOW MUCH DO PAPER AND PACKAGING COMPANIES SPEND ON TRANSPORTATION?

Data 52
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The Warehouse Execution System: A New Competitive Imperative

Logistics Viewpoints

However, the average company struggles to integrate robots from multiple vendors with their existing systems and processes, as well as divide and orchestrate work across humans and machines. The typical benefits of a WES include an 80% reduction in administrative costs, a 12% increase in units-per-hour, and a 15% improvement in throughput.

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November 7, 2023 Update

Freightos

More Resources Home November 7, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices increased 2% to $1.82/kg.

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Scope 3 Emissions – all you need to know

Logistics Business Magazine

Governments across the globe are urging businesses to do more to reduce greenhouse gas emissions across the supply chain. In response, companies are taking sustainable leadership to new levels, with a particular focus on reducing their Scope 3 emissions to actively assist in supply chain decarbonisation.

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Energy and Labour Costs: 2 Top Warehousing Challenges in 2023

Logistics Bureau

Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency. There are several possible ways to eliminate this form of energy wastage.