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

A prime example is how governments in the Middle East have begun to rethink food security targets after the disruptions to their food supply chains. Presently, their major focus lies on local production, warehousing and strategic sourcing. For example: poor quality, high costs, high lead time, supplier communication.

Optimal Sourcing 52

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

Logistics Viewpoints

APRIL 10, 2024

For example, a robust supply chain may have backup power generators, firewalls, security systems, and emergency plans to prevent or mitigate the effects of disruptions. For example, an agile supply chain may have real-time data, advanced analytics, decision support tools, and cross-functional teams to monitor, diagnose, and solve problems.

Supply Chain Planning Software 150

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

Trinity Logistics

OCTOBER 31, 2021

While a TMS might seem daunting and expensive, it’s become an essential tool for businesses to be successful. Transportation management affects every part of your logistics process, from planning to procurement and more. Optimization. The optimization engine of the TMS allows for dynamic, static, and closed-loop routing.

Optimization Software 98

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

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

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

FW Logsitcs

FEBRUARY 5, 2024

Common Tools and Technologies Used for Temperature Control Leading temp-controlled warehouses utilize complex refrigeration equipment, insulation techniques, and specialized digital tools to maintain interior climate conditions. However, they enable safe, efficient cold chain distribution for perishable and pharmaceutical items.

Supply Chain Design Software 52

Supply Chain Design Software Optimization Software Optimal Sourcing Supply Chain Software 52

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

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. Pricing may vary significantly based on carriers and lanes and capacity constraints.

Supply Chain Planning Software 115

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

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

Ship Monk

APRIL 5, 2024

The fact is, most business owners think of procurement as nothing more than a transactional relationship. So much attention is paid to negotiating the price of the goods and coordinating the delivery that very little thought goes into the quality of the relationship and how improving it might help you both. If so, good on you!

Negotiate Pricing 82

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 82

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. Let’s take the example of a large fiber manufacturer. S&OP Maturity Matrix.

Supply Chain Planning Software 127

Supply Chain Planning Software Purchasing Skills Cost Reduction Optimal Sourcing 127

Logistics Viewpoints

FEBRUARY 26, 2024

Cooper University Health Care Relies Upon Real-time Alerts to Improve Operations Cooper University Health Care, like most companies, struggled with their supply chain during COVID. Cooper uses this solution to improve their service levels and operational efficiencies. A customer of the risk solutions begins by listing key suppliers.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 150

Transporeon

MARCH 16, 2015

BSH Group, manufacturer of domestic equipment, has strongly improved its transportation tendering and planning processes. Optimized tender processes The first step in the worldwide optimization project was the implementation of Ticontract, the tendering platform of the Transporeon group. All this is done webbased.

Optimal Sourcing 48

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Groups 48

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

EazyStock

FEBRUARY 7, 2020

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. Many are turning to inventory optimization practices to balance their stock levels. Accurate Demand Forecasts for Intelligent Procurement.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

AIMMS

FEBRUARY 9, 2017

If you’ve read up on the latest topics in the field of data analysis, then you’ve probably encountered the term Prescriptive Analytics. Eventually, the company gets so caught up in the process that it takes too long to react to problems or find opportunities for business improvement. Take production planning tools, for example.

Supply Chain Planning Software 78

Supply Chain Planning Software Optimization Software Modeling Software Optimal Sourcing 78

3PL Links

JANUARY 4, 2024

This model is an example of an advanced approach for the global logistics sector. In this context, resources and tools which include cloud computing, geolocation, artificial intelligence, Internet of Things, and robot use are available. Logistics 5.0: In light of this, Logistics 5.0 Understanding these trends and how Logistics 5.0

Supply Chain Software 48

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

EazyStock

DECEMBER 17, 2019

Green supply chain management practices can be included in every link of the supply chain from material sourcing and selection, product design, manufacturing processes, product delivery, and even product disposal after the product’s useful life. For example, governments are opening access to export tools and guidance.

Supply Chain Software 81

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

Conger

MAY 24, 2023

Examples of manufacturers that can use automatic replenishment are electronic manufacturers, automotive, pharmaceuticals, textiles, and more. It can also improve their customer’s satisfaction by ensuring that the products they need are always available. For example, reordering may require permission to be activated.

Replenishment 40

Replenishment Supply Chain Planning Software Supply Chain Design Software Optimization Software 40

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. Do you know the optimal service levels of your inventory?

ERP 72

ERP Inventory Reduction Inventory Optimal Sourcing 72

Logistics Business Magazine

OCTOBER 26, 2021

Digital business solutions exist to track processes, collect data from various sources, help humans complete mundane tasks, and generally ensure that operations run smoother and more transparently. With better access to information, a business can more easily assess its current situation and develop an optimal action plan.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimal Sourcing 59

AIMMS

MARCH 4, 2021

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. Let’s take the example of a large fiber manufacturer. S&OP Maturity Matrix.

Supply Chain Planning Software 62

Supply Chain Planning Software Purchasing Skills Cost Reduction Optimal Sourcing 62

IoT World Today

JUNE 25, 2019

For example, a report issued earlier this year by the American Road & Transportation Builders Association (ARTBA) showed that, in the U.S. To improve its methods for managing and monitoring its infrastructure assets, S&B is working closely with IBM. As these infrastructure elements age, this need only becomes more critical. .

Optimal Sourcing 107

Optimal Sourcing Transportation Logistics Network Optimization Software Sourcing Strategies 107

Logistics Business Magazine

DECEMBER 16, 2021

In addition to the digitisation of industry and commerce, the effects of the Covid-19 pandemic have also emphasised the importance of supply chain management and sourcing. His analysis is based on conversations and data from Setlog customers who use the SCM tool OSCA, e.g. more than 100 brands in the fashion industry alone.

Supply Chain Planning Software 54

Supply Chain Planning Software Supply Chain Software Modeling Software Optimization Software 54

Logistics Bureau

APRIL 4, 2022

Here is an overview of the most valuable benefits: More informed freight spending: Because freight benchmarking involves the analysis of carriers and the rates paid by companies using them, it gives you an evolving picture of clarity about your freight spending. Alternatively, you can procure access to a digital freight benchmarking platform.

Negotiating Skills 82

Negotiating Skills Purchasing Skills Logistics Network Optimization Software Supply Chain Planning Software 82

3PL Links

APRIL 13, 2023

5 Ways to Manage Lean Logistics Effectively | Image source: Unsplash The application of lean management ideas to supply chain performance is known as lean logistics. Value-added processes are optimally connected and coordinated by lean logistics. To become a lean organization, the logistical procedures must be improved.

Waste Reduction 62

Waste Reduction Inventory Reduction Expense Reduction Resource Reduction 62

UL EHS- Sustainability

OCTOBER 31, 2019

But when organizations are unsure of the root cause of an operational issue, assigning employee training can offer dramatic insight and measurable data leading to enhanced performance, improved production and even internal cost savings. The real cause typically reveals itself quickly when you go directly to the source.

Buyer Training 40

Buyer Training Optimal Sourcing Expense Reduction Cost Reduction 40

AIMMS

FEBRUARY 9, 2017

If you’ve read up on the latest topics in the field of data analysis, then you’ve probably encountered the term Prescriptive Analytics. Eventually, the company gets so caught up in the process that it takes too long to react to problems or find opportunities for business improvement. Take production planning tools, for example.

Supply Chain Planning Software 62

Supply Chain Planning Software Modeling Software Optimization Software Supply Chain Software 62

Trinity Logistics

NOVEMBER 30, 2021

Particularly, sourcing your TMS through a 3PL provider can have some major benefits, especially for small- to medium-sized businesses. Order planning This will help you with routing, optimizing your delivery processes, integrating your delivery data, and getting a granular view of all transportation stages. CUSTOMIZABLE SOLUTIONS.

Supply Chain Design Software 87

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Optimization Software 87

AIMMS

NOVEMBER 11, 2015

Around 2004 we started a project to migrate an existing tool for planning for the BP Petrochemical Aromatics business over to AIMMS. Each business has great latitude to pick whatever planning and scheduling tools they prefer and it’s not unusual to find a business that runs mainly on spreadsheets. Take scheduling for example.

Optimal Sourcing 80

Optimal Sourcing AIMMS Supply Chain Planning Software Optimization Software 80

Talking Logistics

DECEMBER 5, 2017

For years, supply chain leaders have struggled to achieve a sophisticated level of supply chain visibility that would drive continuous improvement, optimize spend and reduce risk. Managed analytics is an integrated information process that’s been field-tested and proven to drive improved supply chain performance. Cost Savings.

Supply Chain Design Software 63

Supply Chain Design Software Supply Chain Design Supply Chain Software Optimal Sourcing 63

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. For the distribution side, we are using EazyStock to determine our reorder points, set our min/max levels and for inventory optimization.

Supply Chain Software 52

Supply Chain Software Optimization Software Automation Optimal Sourcing 52

GlobalTranz

AUGUST 15, 2018

Having a tool for accurate demand forecasting and capacity planning allows companies to be more proactive. For example, DHL analyzes 58 different parameters of internal data to create a machine learning model for air freight. AI analysis can also be used to safeguard against risk. GET YOUR FREE WHITE PAPER.

Supply Chain Planning Software 54

Supply Chain Planning Software Optimal Sourcing Logistics Network Optimization Software Optimization Software 54

Logistics Viewpoints

FEBRUARY 20, 2024

Supply chain network design (SCND) is a powerful tool for improving business operations. Optimization and simulation are the two main branches of SCND. Optimization accounts for over 90% of all work that is being done by SCND teams. It can be used to solve a wide variety of supply chain problems. But it has gaps.

Supply Chain Design Software 137

Supply Chain Design Software Sourcing Strategies Supply Chain Design Inventory Reduction 137

Talking Logistics

JUNE 29, 2017

It was a strategic/tactical analysis, disconnected from day-to-day operations, and the software tools were difficult to learn and use. Source: LLamasoft. The slide below provides an overview of SupplyChainPlanning.com: Source: LLamasoft. competitive threats, new regulations, more stringent customer expectations).

Supply Chain Design Software 36

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