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. I saw how their platform unified finance and procurement activities, but not supply chain. Coupa meets this definition. The use cases just keep expanding.

Supply Chain Design Software 121

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

Ship Monk

APRIL 5, 2024

The fact is, most business owners think of procurement as nothing more than a transactional relationship. SRM is more than a one-and-done analysis. Steps to Implementing SRM If you deal with a lot of vendors, investing in SRM software will help you more easily manage the data and make it available to stakeholders for analysis.

Negotiate Pricing 82

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 82

Logistics Viewpoints

NOVEMBER 6, 2023

As corporations announce plans to be Net Zero across their end-to-end supply chain at some point in the future – often 2050 – they then need their suppliers to participate in helping them meet their goals. Analysis of what is reported may suggest that a supplier has not been totally forthcoming in what they have reported on the platform.

Supply Chain Planning Software 133

Supply Chain Planning Software Resource Reduction Material Savings Procurement Analytics 133

CLX Logistics

DECEMBER 1, 2022

Benchmarking from CLX Logistics helped a client with 19 million in freight spend save over 18% of costs after the cost-saving potential of a mode switch was revealed through benchmarking data analysis. CLX Logistics’ procurement team will find the most efficient custom-fit solution for your freight. Tip 3: Regiment Shipping Lead Time.

Tips 52

Tips Logistics Network Optimization Software Optimal Sourcing Manufacturing Procurement 52

Globalior

JUNE 26, 2020

Most customer service teams also meet daily to plan deliverables for the day, these calls are very effective when done in person but are not necessarily ineffective when done over teleconferencing. Data Analysis: Some data analysts will do well working from home.

Supply Chain Planning Software 52

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

Logistics Business Magazine

MARCH 14, 2022

The sustainability assessment body recognised Toyota Material Handling Europe’s exceptional performance and transparency across four key appraisal areas, including labour and human rights, environment, ethics, and sustainable procurement.

Material Savings 61

Material Savings Materials Handling Supply Chain Software Optimal Sourcing 61

Freightos

NOVEMBER 7, 2023

Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 3% to $1,609/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 7% to $2,357/FEU.

Negotiating Skills 114

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 114

GlobalTranz

JULY 28, 2021

For instance, managed transportation includes value-added logistics capabilities, including: Logistics consulting and analysis to understand current needs, costs, savings opportunities by mode, benchmarking and implementation or training of new systems. Transportation optimization can occur at a network level and an execution level.

Optimal Sourcing 126

Optimal Sourcing Optimization Software Optimization Supply Chain Design Software 126

CLX Logistics

FEBRUARY 22, 2024

Procurement management stands at the crossroads of technological innovation and strategic decision-making. As organizations strive to enhance operational efficiency, mitigate risks, and capitalize on emerging opportunities, the role of Artificial Intelligence (AI) and Machine Learning (ML) in procurement has become increasingly prominent.

Optimal Sourcing 52

Optimal Sourcing Procurement Negotiating Skills Supply Chain Software 52

Logistics Viewpoints

OCTOBER 19, 2023

As supply chains have grown in complexity and length, siloed thinking and processes are no longer able to meet this objective. A supply chain should be set up for the end-to-end orchestration of people, and physical, digital, and financial assets, to meet customer expectations and corporate goals.

Supply Chain Planning Software 135

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 135

Parade

MARCH 18, 2019

Brokerages must think of an alternative data source outside of tribal knowledge to procure high quality and profitable carrier capacity. However, to find carriers that are the best margin, lowest risk, and most likely to accept your freight, requires analysis across multiple data sets and systems.

Optimal Sourcing 84

Optimal Sourcing Data Capacity Price Reduction 84

Logistics Viewpoints

APRIL 3, 2023

But we’ve always been building out this technology with the thought of being able to do other things around procurement, finance, and revenue management.” Even if a company does a pareto analysis and addresses 80% of the exceptions, that 20% of issues unaddressed leaves a lot of money on the table.

Supply Chain Planning Software 151

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 151

Logistics Business Magazine

NOVEMBER 22, 2023

Inoubli adds, “In the context of our public procurement tender, the choice of ISITEC International was based on the total cost of ownership (TCO) of their intelligent parcel sorting solution. Once again, storage , automated sorting, and order preparation systems will be necessary.

Sorting 62

Sorting Optimal Sourcing Optimization Software Logistics Network Optimization Software 62

Freightos

APRIL 27, 2023

Real world, meet data. Legibility, followed by analysis and the ability to take action can literally change industries. I’ve heard anecdotes from the past two years of SVPs at multinational companies needing to sign off on spot procurement but the degree of interest executives are now showing is impressive.

Data 62

Data Freight Optimal Sourcing Supply Chain Software 62

Talking Logistics

MAY 14, 2019

Finished products have high ratios (average 50%) of sourced or procured product content. Ensuring receipt of Certificate of Analysis (CoA) and other regulatory compliance documentation has made digitization a requirement for customer service, audit management, and compliance.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Software Supply Chains Digital 97

CLX Logistics

DECEMBER 1, 2022

You have to meet specific regulatory requirements and effectively manage safety and security concerns regarding hazardous materials while minimizing costs. Our unique platform gives you the advanced tools required to stick to these dos and don’ts with planning, freight procurement, tracking, and more.

Supply Chain Planning Software 98

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

GlobalTranz

JUNE 23, 2021

Fewer labor resources are available to meet the rising demand in both the warehouse and in transit. Increase Stability of Transportation Procurement and Management by Partnering With GlobalTranz. Capacity constraints within truckload and parcel have led to spillover within the LTL market resulting in capacity shortages.

3PL 101

3PL Transportation Supply Chain Planning Software Supply Chain Software 101

FreightWaves SONAR

JANUARY 11, 2021

Access to data and proper analysis are both essential to maximize profits and reduce costs. Automation and technology will simply make tasks, including procurement in the shipping industry , easier, increasing profitability along the way. MAKE THE MOST OF TRUCKING DATA TO BOOST PROCUREMENT AND CAPACITY UTILIZATION.

Data 59

Data Capacity Optimal Sourcing Trucking 59

FreightWaves SONAR

JUNE 1, 2023

At its annual Investment Community Meeting in April in Tampa, Florida, Walmart’s management team took the opportunity to lay out an ambitious transformation of its supply chain. As management reminded Wall Street at its Investment Community Meeting down in Tampa: Everyday Low Prices are only enabled by Everyday Low Costs. Walmart U.S.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Negotiating Skills Supply Chains 52

GlobalTranz

OCTOBER 6, 2021

Finding carriers that meet specific needs and help the company reach supply chain goals provides a competitive advantage within the marketplace. Access to to real-time data and the ability to perform real-time analysis enables businesses to make data-driven decisions to drive efficiency into the supply chain.

Optimal Sourcing 86

Optimal Sourcing Optimization Software Modeling Software Supply Chain Software 86

FreightWaves SONAR

JANUARY 26, 2021

Carriers need balancing to meet market capacity demands. When the freight market meets expectations and is less volatile, it is easy for shippers and carriers to not look at inefficient processes or their transportation procurement strategy. It helps carriers plan the best use of their assets to meet the demands of shippers.

Price Reduction 78

Price Reduction Cost Reduction Waste Reduction Optimal Sourcing 78

Blue Grace Logistics

JULY 21, 2020

You need to pick up the pace and ensure that your processes are leaner, faster, and you are equipped to meet your customer’s expectations. As the global supply chain settles into the COVID19 technology driven and customer-centric decade, there’s no time to pause and reflect on what has happened. Now, more than ever is a time for action.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Cost Reduction Supply Chain Software 62

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. You could be particularly numerate, or into analysis. Look out for industry-type events in your area, as these provide an opportunity for you to meet lots of people.

Supply Chain Planning Software 115

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

Conger

APRIL 1, 2024

Predictive Maintenance Predictive maintenance takes things further using data analysis tools and techniques like vibration analysis and thermal imaging. Asset Lifecycle Management (ALM) encompasses planning, procurement, operation, maintenance, and eventual replacement or disposal of assets.

Material Savings 82

Material Savings Expense Reduction Resource Reduction Cost Reduction 82

GlobalTranz

SEPTEMBER 23, 2021

Fewer labor resources are available to meet the rising demand in both the warehouse and in transit. ? A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. Access to real-time data and the ability to perform real-time analysis ?enables Carrier Vetting for OTR Freight.

Optimal Sourcing 123

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Supply Chain Software 123

EazyStock

NOVEMBER 19, 2020

Stock replenishment is an important aspect of inventory management, as it ensures the right stock items are being reordered to meet customer demand. But when looking at the bigger picture the ‘best-price’ is not always the most cost-effective way to procure a product. Effective stock replenishment. optimizing inventory levels.

Replenishment 98

Replenishment Optimal Sourcing Inventory Reduction Supply Chain Planning Software 98

Automotive Logistics

APRIL 10, 2019

With the vehicle electrification boom expected to more than double lithium demand by 2023, the carmaker views the agreement with Ganfeng as an important milestone in supply security by meeting a significant share of its lithium requirements. Over the next ten years the Volkswagen Group will be launching 70-plus new pure electric vehicles.

Procurement 28

Procurement Groups Analysis Collaboration 28

FreightWaves SONAR

MARCH 9, 2021

The better global retailers and BCOs understand market conditions through smart data analysis, the easier they will secure on-time drayage moves or deliveries. As such, they avoid out-of-stock inventory and can meet customer demands.

Supply Chain Planning Software 98

Supply Chain Planning Software Scenario Planning Data Optimal Sourcing 98

FreightWaves SONAR

FEBRUARY 11, 2021

The logistics of dropshipping sees a renewed focus Shippers still struggling with direct to customer shipping channels will continue to experience problems in meeting the demands of e-commerce for the foreseeable future. And it has opened new channels for capacity procurement.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Supply Chain Planning Software Optimization Software 98

GlobalTranz

OCTOBER 21, 2015

Editor's Note: As of late you may have noticed we have written a lot about procurement and the future of procurement. A large part of procurement is finalizing the contract and then the follow through of the determined deliverables in that agreement. All KPIS have a target percentage to meet.

Negotiating Skills 94

Negotiating Skills Optimal Sourcing 3PL Procurement Analytics 94

Talking Logistics

APRIL 25, 2019

For companies to meet the rising demand for direct-to-consumer orders, MHE offerings must become more innovative. In fact, some competitors are even collaborating to operate local distribution centers to share the financial burden of meeting individual orders. Businesses are creating dashboards to analyze crucial fleet services data.

Materials Handling 61

Materials Handling Supply Chain Planning Software Modeling Software Material Savings 61

EazyStock

NOVEMBER 6, 2020

This includes the money spent procuring the goods, the interest lost when working capital is turned into stock and the opportunity cost of the money invested. Purchasing teams need to ensure they procure inventory in the right volumes, at the right time and at the right cost. Originally published Oct 2015; updated Nov 2020.

Inventory Reduction 40

Inventory Reduction Purchasing Skills Optimal Sourcing Cost Reduction 40

Globalior

JUNE 30, 2020

WTO delegates regularly meet in Geneva. Economic Research and Statistics Division: Provides economic analysis and research. Intellectual Property, Government Procurement and Competition Division: Responsible for intellectual property rights matters and policies. How does the WTO work?

Negotiating Skills 52

Negotiating Skills Buyer Training Government Document 52

GlobalTranz

NOVEMBER 19, 2018

Are you confident that it’ll perform well and you’ll meet all the requirements of your target audience? The same source also informed that the Chartered Institute of Procurement & Supply (CIPS) Risk Index of 2016 was the highest since records have begun in 1995.

Supply Chain Design 75

Supply Chain Design Supply Chains Scenario Planning Optimal Sourcing 75

GlobalTranz

SEPTEMBER 28, 2016

and/or capabilities of the supplier and meet companies' short- and/or long-term supply needs. It is important to note that the above focus does not take into account short-term efforts to improve cost, quality or delivery issues with supplier(s) to meet companies’ expectations. You can read the detailed technical definition here.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 89

Logistics Bureau

JANUARY 7, 2020

Such an approach results in unnecessary cost, a lack of resilience, and unwanted challenges in meeting customer service requirements – yet sadly, it’s still the approach most commonly taken. . The cost of meeting demand is one of the most telling ways in which the supply chain matters to business success.

Supply Chain Design Software 122

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 122

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!” You want to have the right products in stock to be able to meet your customers’ expectations on delivery times. ” [1]. Target service levels.

ERP 72

ERP Inventory Reduction Inventory Optimal Sourcing 72