SYSPRO Smarter ERP

MAY 2, 2024

Why manufacturers should consider AI Generative AI (GenAI) and Machine Learning tools are being added to ERP solutions at a rapid pace, bringing new levels of automation and efficiency to business processes across the manufacturing enterprise. 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

Logistics Viewpoints

MAY 11, 2023

The concept of digital twins has emerged as a powerful foundational tool to drive improvements in warehouse productivity and efficiency. For example, they can test the effect of increasing or decreasing safety stock levels or changing the replenishment frequency of certain products.

Optimization Software 141

Optimization Software Supply Chain Design Software Modeling Software Digital 141

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. The reporting offered by a TMS is another huge value to companies. Optimization.

Optimization Software 96

Optimization Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 96

Logistics Bureau

OCTOBER 20, 2021

“Paralysis by analysis” is a common term used to describe such a situation, and you can avoid it by monitoring a smaller number of carefully chosen KPIs. ” Feel free to track lots more metrics in the background if you wish, but try to keep attention focused on the five or six “real KPIs.”

Supply Chain Design Software 96

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 96

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals.

Supply Chain Planning Software 115

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

GlobalTranz

JUNE 11, 2015

We conclude our series on supplier quality management (SQM) today with a look at some case studies and examples of benefits derived from the application of a supplier quality management system. Examples and Case Studies from the Implementation of a Supplier Quality Management System.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Design Software Examples Case Study 94

Logistics Bureau

APRIL 3, 2023

So, for example, outsourcing sales activity is not typically a good idea if yours is a retail sales company. For example, US-based companies may be quite fortunate if they have access to manufacturers right on their doorstep in Mexico, a country with far lower labour costs than the rest of North America.

Outsourcing 87

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 87

247 Customs Broker

MARCH 6, 2018

Convey , an Austin, Texas-based provider of cloud-based technology that helps shippers connect disparate data and processes from parcel to freight and first to last mile, announced today it has rolled out new carrier scorecards and exception management tools for its shipper customers.

Logistics Network Optimization Software 28

Logistics Network Optimization Software Optimization Software Supply Chain Software Procurement Solutions 28

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. At a high level, what GEON does is purchase plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility.

Supply Chain Planning Software 140

Supply Chain Planning Software Supply Chain Transformation Scenario Planning Supply Chain Software 140

EazyStock

OCTOBER 31, 2022

If a product isn’t available for customers to purchase because it’s out of stock, they will likely turn to a competitor and might not return. Analyze your data and prepare an initial statistical forecast You can use various forecasting models for demand planning, and you must choose the models that best suit your business needs.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52

EazyStock

OCTOBER 31, 2022

If a product isn’t available for customers to purchase because it’s out of stock, they will likely turn to a competitor and might not return. You can use various forecasting models for demand planning, and you must choose the models that best suit your business needs. Losing multiple customers will significantly impact revenue.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52

Conger

MAY 24, 2023

Examples of manufacturers that can use automatic replenishment are electronic manufacturers, automotive, pharmaceuticals, textiles, and more. Examples of retailers that use automatic replenishment are Walmart, Dollar Tree, Target, Costco, and Tesco. For example, reordering may require permission to be activated.

Replenishment 40

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

EazyStock

JUNE 24, 2020

The era of using spreadsheets to run reports and analyze data is over. Organizations are introducing software to drive efficiency right across their operations – from financial analysis to marketing automation. For example, highlighting unusual dips in demand or longer than expected lead times.

Procurement Solutions 98

Procurement Solutions Inventory Reduction Inventory Supply Chain Planning Software 98

SYSPRO Smarter ERP

JULY 4, 2022

When exploring what key technological investments, the industry made in response to those disruptions, only 12 percent looked at data analytics to interpret data and identify any real-time shifts across the supply chain. One of the main technology disruptors is cloud infrastructure and supporting tools.

Optimization Software 111

Optimization Software ERP Supply Chain Software Manufacturing Procurement 111

Logistics Viewpoints

JULY 15, 2021

billion in 2020, the cold chain market is expected to reach more than $628 billion in 2028, nearly tripling its growth in less than ten years, according to a market analysis report by Grand View Research. In the Philippines, there is another ongoing shift in food purchasing habits. Take tracking produce, for example.

Logistics Network Optimization Software 156

Logistics Network Optimization Software Supply Chain Software Procurement Solutions Tracking and Tracing 156

Logistics Business Magazine

FEBRUARY 23, 2024

For example, the Dexory View dashboard enables pick face analysis of volumes. Real-time analytics with a virtual control tower helps forecasting freight lanes, both inbound and outbound. Apple’s Vision Pro is tipped by Fahy to become a handy tool. Warehouse space is relaxing a bit, depending on the location.”

Logistics Network Optimization Software 51

Logistics Network Optimization Software Supply Chain Software Supply Chain Planning Software Supply Chain Design Software 51

AIMMS

NOVEMBER 2, 2020

You’ll get immediate feedback and can opt-in to receive a report to see where you stand compared to the market. This can result in different teams using different data formats, diverging results from data analysis, and hence poorly aligned decision making. Let’s take the example of a large fiber manufacturer.

Supply Chain Planning Software 127

Supply Chain Planning Software Purchasing Skills Cost Reduction Optimal Sourcing 127

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. Reports at a glance. ” [1]. Automated alerts.

ERP 72

ERP Inventory Reduction Inventory Optimal Sourcing 72

EazyStock

DECEMBER 13, 2021

Help Avoid Stockouts with a Simple Risk of Stockout Report. For example, when there is only a day, a week or a month’s worth of stock left, based on the item’s average sales. If demand and lead times are consistent, you could update your report once a week, maybe less. Start simple by working out your ‘number of stock days’.

Inventory 52

Inventory Supply Chain Planning Software How To Supply Chain Software 52

Material Handling and Logistics

JANUARY 22, 2019

As the recent report from the United Nations Intergovernmental Panel on Climate Change showed, the next decade is crucial in our shift to a sustainable economy, and we believe corporates are at the heart of this transition,” said Dexter Galvin, Global Director of Corporates and Supply Chains at CDP. million (US$3.6

Material Savings 107

Material Savings Manufacturing Procurement Purchasing Skills Cost Reduction 107

Trinity Logistics

NOVEMBER 30, 2021

And if you’re looking to purchase software outright versus outsourcing with a 3PL, you’ll soon realize that not all transportation management software companies offer the same thing. You’re going to need to build out a team of transportation management software specialists who can expertly use, read, and pull reporting from your new TMS.

Supply Chain Design Software 85

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Optimization Software 85

GlobalTranz

MARCH 17, 2016

Purchasing and supply executives predict that the global manufacturing industry will continue to expand. Predictive Data Analytics. Chinese executives see predictive analytics as the key to competing with U.S. Chinese executives see predictive analytics as the key to competing with U.S.

Manufacturing Procurement 64

Manufacturing Procurement Supply Chain Software Supply Chain Design Software Supply Chain Planning Software 64

Logistics Business Magazine

DECEMBER 16, 2021

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. Sourcing and purchasing models are being rethought. Today, profits are achieved through purchasing – or more precisely – through process optimisation.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Modeling Software Optimization Software 52

Locus

DECEMBER 29, 2021

Better technology is also responsible for minimizing costs and error, as well as increasing productivity, thus leading to resilient supply chains. According to a McKinsey report , the technological progress we experience in the next decade will be more than the last 100 years. Getting up to speed. Virtual as the new reality.

Supply Chain Planning Software 52

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

AIMMS

MARCH 4, 2021

You’ll get immediate feedback and can opt-in to receive a report to see where you stand compared to the market. This can result in different teams using different data formats, diverging results from data analysis, and hence poorly aligned decision making. Let’s take the example of a large fiber manufacturer.

Supply Chain Planning Software 62

Supply Chain Planning Software Purchasing Skills Cost Reduction Optimal Sourcing 62

Conger

JULY 22, 2021

For example, these systems can handle tasks ranging from: Receiving goods. For example, a Shopify storefront is an eCommerce platform. A Shopify storefront is an example of an eCommerce platform. Take our Shopify example again. So make sure you conduct a thorough analysis of the costs versus the benefits.

Supply Chain Design Software 52

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

Talking Logistics

DECEMBER 3, 2018

The problem is they don’t have the data to effectively feed those BI tools.”. What they really want is for it to be predictive rather than reactive. What they have is after-the-fact reporting — essentially old data. Don’t let the enormity of the ultimate goal stymie you in “analysis paralysis.”

Digital 60

Digital Supply Chain Planning Software Supply Chain Software Procurement Solutions 60

GlobalTranz

JULY 14, 2015

Take a look at how the IoT supply chain is changing the landscape in terms of equipment functionality, shipping processes, invoicing and payments, and analysis of trends. For example, a subtle change in hydraulic pressure may still permit the machine to operate. In some cases, human intervention and input will be completely eliminated.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

Infosys Supply Chain Management

APRIL 8, 2014

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Abstract Technologies such as Social networking, mobile, analytics and cloud computing have been shaking the IT industry for past several years. Analytics Analytics means scientific and systematic analysis of data.

Supply Chain Planning Software 35

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Modeling Software 35

GlobalTranz

JULY 22, 2016

and the compounded annual growth rate is expected to stay at or above 10 percent over the next half-decade, reports William B. For example, Nutrisystem uses a 150 unique SKU system to reduce overhead and ensure orders are sent out as soon as possible, reports Inbound Logistics. Is there a shipping cost?

Logistics Network Optimization Software 60

Logistics Network Optimization Software Modeling Software Optimization Software Supply Chain Software 60

Logistics Problem Solving

AUGUST 9, 2018

IT then does a functional analysis of their current software suite to determine what gaps may exist. Then, IT provides the list of gaps that exist along with how long and how much it would cost for the IT group to solve the problem. Now the company is reporting on data that should be complete and accurate.

Logistics Network Optimization Software 48

Logistics Network Optimization Software Supply Chain Software Procurement Solutions Optimization Software 48

Logistics Bureau

AUGUST 7, 2023

3 Steps to Improved Reverse Logistics Three of the most critical tasks in managing returned inventory are determining which products should, or should not, be accepted as returns, calculating the cost of returns, and establishing a definitive course of action based on the condition of each item and the policies that apply to it.

Inventory Reduction 89

Inventory Reduction eCommerce Inventory Procurement Solutions 89

Ship Monk

MARCH 28, 2023

Free 2-Day Shipping With almost 80% of US buyers agreeing that free shipping increases the likelihood of a purchase, you can imagine the kind of conversions your ecommerce business could gain by offering this crowd-pleasing shipping option. Free 2-day shipping is like the syrup on top of pancakes.

Cost Reduction 52

Cost Reduction Inventory Reduction eCommerce Expense Reduction 52

Ship Monk

JANUARY 30, 2023

Example—In the case of a lost or undeliverable package, a customer-first ecommerce merchant can step up to the plate immediately by contacting the shipping carrier to determine the cause of the problem and sharing this information with buyers so they know when to expect delivery or reshipment.

eCommerce 52

eCommerce Supply Chain Planning Software Inventory Reduction Supply Chain Software 52

WorkWave

SEPTEMBER 23, 2021

Many people are new to online grocery shopping, and getting accustomed to all the options and tools available can make the experience more enjoyable and more accessible than initially expected. Designing a successful business model requires a bit of research and analysis of your competitors. Starting a New Grocery Store Model.

Modeling Software 52

Modeling Software Optimization Software How To Procurement Solutions 52

EazyStock

FEBRUARY 1, 2021

In Q3 of 2020 Amazon reported sales up 37% year-on-year, with eBay close behind at 25%. For example: With such different demand patterns, it doesn’t make sense to treat every product the same. Lead time – time it takes your supplier to deliver, from purchase order to stock in the warehouse.

Inventory Reduction 52

Inventory Reduction Optimization Software eCommerce Inventory 52

Blue Grace Logistics

MAY 10, 2019

This is especially important when trying to maintain retail compliance, for example, with increasing customer demands like On Time; In Full (OTIF) or Must Arrive By Date (MABD). For example, are your planners and purchasers communicating properly, not only with each other but with the production floor and shipping department?

Supply Chain Planning Software 54

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 54