The Logistics of Logistics

FEBRUARY 12, 2021

Ilya was formerly a strategy and operations management consultant within the Big 4 with both PwC and KPMG, advising Fortune 1000 clients across healthcare, technology, and private equity verticals. PAXAFE’s platform decreases cargo loss while improving operational efficiencies. Ilya Preston is the Co-founder and CEO of PAXAFE.

Expense Reduction 195

Expense Reduction Freight Supply Chain Software Modeling Software 195

Locus

APRIL 3, 2023

Logistics management is an essential part of supply chain management and is crucial in achieving operational efficiency, reducing costs, and boosting customer satisfaction. Logistics management utilizes advanced technology and data analysis to optimize logistics processes and enable informed decision-making.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 52

3PL Links

APRIL 5, 2024

Since each optimized feature contributes to both operational efficiency and the development of a strong and flexible supply chain—both necessary for success in the current situation—innovative chain management is crucial in this context. The supply chain includes suppliers, partners, and customers in addition to internal business operations.

Supply Chain Planning Software 48

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

GlobalTranz

MARCH 24, 2015

Carriers in the trucking industry and also shippers today are actively looking for ways to combat the rising costs of operating their businesses, but they often do not fully understand proper benchmarking, transportation cost analysis, and profit management are intertwined. Inbound freight costs as percentage of purchases.

Purchasing Skills 94

Purchasing Skills Cost Reduction Analysis Procurement Analytics 94

SYSPRO Smarter ERP

MAY 2, 2024

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. We are starting to see document recognition services in AI which automate tasks such as invoicing, purchase orders and bank reconciliations.

ERP 59

ERP Supply Chain Planning Software Modeling Software Optimization Software 59

SYSPRO Smarter ERP

MARCH 16, 2022

As a manufacturing or distribution management team you must make tough decisions on managing operations within the organization. Enterprise Resource Planning (ERP) systems are designed to simplify business operations and remove complexities. The concept of digital transformation is not as simple as it may sound.

Supply Chain Design Software 116

Supply Chain Design Software Supply Chain Planning Software Optimization Software ERP 116

Logistics Viewpoints

NOVEMBER 6, 2023

Increasingly, companies will take sustainability criteria into account in their purchasing decisions. Analysis of what is reported may suggest that a supplier has not been totally forthcoming in what they have reported on the platform. Large corporations often have thousands, sometimes tens of thousands, of direct material suppliers.

Supply Chain Planning Software 133

Supply Chain Planning Software Resource Reduction Material Savings Procurement Analytics 133

Logistics at MPEPS at UPV

MAY 11, 2022

To lead the market and be competitive, it is necessary to put customers at the centre of operations, this is called customer centricity. To do this, it is necessary to adapt to each type of customer, segmenting them in order to define specific strategies that are adjusted to each type of client.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 52

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. Initially, this product will focus on the purchase order (PO) acceptance process. The visibility to spend allows them to provide excellent benchmarking in several areas.

Supply Chain Design Software 121

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

Ship Monk

APRIL 5, 2024

Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. SRM is more than a one-and-done analysis. End relationships with uncooperative vendors whose goods can easily be purchased elsewhere. If so, good on you! And the benefits can be significant. We’re here to help!

Negotiate Pricing 82

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 82

3PL Links

DECEMBER 2, 2022

Strategies for efficient inbound logistics that you can use in your business. Allows for performance analysis. The company’s productivity and profitability will rise as a result of good supply chain operation collaboration. Inbound Logistics Strategies. Examples of Inbound Logistics Strategies.

Inbound 62

Inbound Sourcing Strategies Material Savings Inventory Reduction 62

3PL Links

FEBRUARY 13, 2023

How to Innovate Your Supply Chain Management: What You Need to Know | Image Source: Axestrack Organizations must prioritize supply chain management and implement strategies to increase its efficiency if they want to compete in the market. Given the variety of products and business strategies, supply chain management is not a static concept.

Supply Chain Design Software 62

Supply Chain Design Software Optimal Sourcing Supply Chain Design Supply Chain Software 62

3PL Links

APRIL 23, 2024

In this regard, supply chain management’s intricate operations are becoming more and more optimized through the use of artificial intelligence (AI). You can therefore determine whether maintenance is necessary based on how well the device is operating. Demand forecast The entire supply chain is propelled by demand.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 48

AIMMS

NOVEMBER 2, 2020

Most chemical companies think they have a high sales and operation planning (S&OP) maturity, but do they really? S&OP helps you effectively achieve your company strategy. This can result in different teams using different data formats, diverging results from data analysis, and hence poorly aligned decision making.

Supply Chain Planning Software 127

Supply Chain Planning Software Purchasing Skills Cost Reduction Optimal Sourcing 127

Logistics Business Magazine

AUGUST 12, 2021

They are evaluating purchasing needs and ethical choices. Retailers should ask how risky their operating model is. Hope is not a strategy. Data then analysis then decisions. Teams such as purchasing and merchandising need aligning. Consumers remain fickle, increasingly conscious of their environmental footprint.

Supply Chains 69

Supply Chains Purchasing Skills Sourcing Strategies Price Reduction 69

Logistics Viewpoints

MARCH 8, 2021

Mr. Rodríguez is the operations strategic planning manager and he leads a team focused on the company’s supply chain design. What will the total costs be associated with different green strategies? It examines the skills of the people on the team, the process, technology, and strategy associated with supply chain design.

Supply Chain Design Software 153

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Supply Chain Software 153

GlobalTranz

MAY 12, 2015

Building an agile organization that can quickly adapt will mean creating digital operations that can help your company close the connectivity gap. Closing the Connectivity Gap in Manufacturing with Digital Operations. Traditional segmentation strategies no longer work in a world characterized by complexity and constant change.

Manufacturing Procurement 97

Manufacturing Procurement Modeling Software Supply Chain Planning Software Digital 97

3PL Links

MARCH 18, 2024

Not investing in this control can lead the micro-entrepreneur to suffer from losses and operational failures, which can put the operation of the store at risk. Have management software Management software is the best tool for retailers to control not only inventory but the entire store operation.

Inventory Reduction 48

Inventory Reduction Inventory Tips Optimization Software 48

Logistics Viewpoints

JANUARY 26, 2021

This means supply chain and logistics professionals need to distinguish between more frequently purchased products and the slower-moving products customers are willing to wait for. Fifty-two percent of respondents are working on individual digital projects but lack an overarching strategy that links all these efforts.

Supply Chain Software 161

Supply Chain Software Supply Chain Planning Software Definition Supply Chains 161

Logistics Viewpoints

DECEMBER 1, 2022

Let’s take a look at what happened with the major themes, as well as the research and analysis we conducted in 2022 to help determine what those themes will look like in 2023. Theme 2: Online buying will fuel home delivery growth, challenges and new strategies. Theme 1: Global supply chains will be busy, congested and chaotic.

Cost Reduction 119

Cost Reduction Resource Reduction Supply Chain Planning Software Logistics Network Optimization Software 119

3PL Links

FEBRUARY 14, 2024

Logistics is no longer just an isolated operational activity; it is now a crucial component of the engine driving corporate success, thanks to the integration of tracking technologies and the revolution in inventory management. Planning is now crucial in logistics operations as a result.

Supply Chain Planning Software 48

Supply Chain Planning Software Scenario Planning Optimal Sourcing Sourcing Strategies 48

EazyStock

APRIL 18, 2023

When demand fluctuates, and costs rise, it can be tempting to throw out long-term strategies to react to these changes. Higher interest rates make borrowing money more costly, making financing day-to-day operations such as inventory procurement, transportation and storage more expensive. One way to do this is with ABC/XYZ analysis.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Reduction Optimal Sourcing 52

EazyStock

JUNE 16, 2022

Using algorithms, AI can provide better quality data and analysis to give a complete overview of your warehouse and supply chain. As the analysis is carried out daily, you will be able to see where your strategy needs to change to respond to rapidly changing market situations. Using AI to improve demand forecasting.

Supply Chain Software 52

Supply Chain Software Optimization Software Supply Chains Inventory Reduction 52

EazyStock

JUNE 23, 2022

All successful businesses use data to develop strategies and review their outcomes. But as the number of systems being used increases, the amount of data available for consumption and analysis grows exponentially. Big data analysis allows you to get real-time information about the flow of supply chain operations and stock management.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Supply Chain Planning Software 52

Logistics Viewpoints

AUGUST 14, 2023

Thomson Reuters purchased the global trade compliance vendor Integration Point in 2018. Nevertheless, the argument that trade compliance is complementary to a company’s overall tax strategy certainly makes sense to many companies. Every customer seems to want to manage them differently.” This adversely affects a company’s cash flow.

Compliance 105

Compliance Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies 105

Ship Monk

MARCH 30, 2024

Superior 3PL Software Omnichannel ecommerce order fulfillment is a complex, multi-tiered operation. Our 3PL software was designed with a user-friendly, one-stop-shop mindset so ecommerce business owners can easily manage all layers of their operation. With so many moving parts, it can be easy to get lost or overwhelmed.

3PL 84

3PL Supply Chain Design Software Optimization Software Supply Chain Software 84

Logistics Viewpoints

OCTOBER 26, 2022

ARC defines the warehouse automation market according to a number of qualifications and dimensions to deliver a well-defined measure, with numerous segmentations, allowing those that purchase the research to understand what is being measured, and to easily extrapolate the findings to support their strategic planning needs.

Supply Chain Software 162

Supply Chain Software Automation Supply Chain Design Software Supply Chain Planning Software 162

Logistics at MPEPS at UPV

MARCH 8, 2022

Data tracked by pipeline operator Gascade shows that gas deliveries from Russia to Western Europe via the Yamal-Europe pipeline have been temporarily halted (resumed in the short term), while bids for two-way supplies remain. such purchases would be more expensive. Russian television (RT) reported on March 3.

Expense Reduction 52

Expense Reduction Supply Chains Cost Reduction Procurement Analytics 52

GoShip Blog

APRIL 22, 2022

According to statistics, about 80% of customers prioritize personalized service when purchasing. Forecasting operations typically aim to examine and evaluate customers’ purchasing patterns and habits. However, your goals may vary depending on the business specifics and potentially problematic areas of your strategy.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chains 40

Logistics Business Magazine

FEBRUARY 23, 2024

Complexity requires having a data strategy.” “Resilience planning is key,” says Mike Fahy, CEO of Neovia, a contract logistics provider operating in 20 countries and with 80 hub facilities and 8000 employees. For example, the Dexory View dashboard enables pick face analysis of volumes.

Logistics Network Optimization Software 57

Logistics Network Optimization Software Supply Chain Software Supply Chain Planning Software Supply Chain Design Software 57

Logistics Bureau

MAY 24, 2021

It’s a good one to consider, and perhaps an appropriate stimulus for companies to review inventory performance and revise their strategies. That is the level to which each SKU quantity must fall before your inventory management system either notifies you with a reminder to reorder or initiates a purchase order autonomously.

Inventory Reduction 118

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 118

Locus

JUNE 16, 2023

Say you purchase your coveted gadget online, eagerly tracking its journey from warehouse to your welcoming hands. Customer satisfaction and keeping costs in check rests on optimal last-mile delivery operations. Customer satisfaction and keeping costs in check rests on optimal last-mile delivery operations. These include: 1.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

Ship Monk

FEBRUARY 24, 2024

It can be easy for costs in different levels of your supply chain to slip between the cracks because there are so many layers to an ecommerce store operation. In other words: Whatever inventory system and distribution strategy you go with, you want to order enough but not excess. That’s a win for your budget and Planet Earth!

eCommerce 88

eCommerce Inventory Reduction Tips Waste Reduction 88

EazyStock

NOVEMBER 19, 2020

Yet inventory replenishment planning – done correctly – can have a really positive impact on your business in terms of improving operational efficiency, reducing supply chain risk and enhancing bottom line profitability. purchasing at the right time and in the right quantities. An efficient stock replenishment process.

Replenishment 98

Replenishment Optimal Sourcing Inventory Reduction Supply Chain Planning Software 98

3PL Links

FEBRUARY 6, 2023

Employees still play a crucial role in the operation of the supply chain, even if automation is a smart method to improve their workplace conditions. A thorough supply chain analysis will also enable you to clearly understand the chain’s strengths and shortcomings for improved performance.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Optimization Software 62

Ship Monk

FEBRUARY 29, 2024

As much as we’d like to think that ecommerce is taking over the world, it still only accounts for around 21% of retail sales according to a 2023 Digital Commerce 360 analysis of U.S. POS systems are the checkout systems customers scan their credit cards into to pay for their purchase. Department of Commerce figures.

eCommerce 86

eCommerce Inventory Reduction Waste Reduction Cost Reduction 86

MTS Logistics

DECEMBER 12, 2022

Inflationary trends are affecting the world economy and directly affect supply chain and delivery operations. Businesses need to look ahead and focus on final delivery operations to increase efficiency and reduce costs. Increasing Supply Chain and Delivery Costs. trucking market is finally softening.

Supply Chain Software 84

Supply Chain Software Supply Chains Trends Cost Reduction 84