Logistics Viewpoints

DECEMBER 15, 2022

For companies that want to go beyond the traditional spreadsheet, which cannot handle this ocean of information efficiently, statistical methods such as cluster analysis can help. What is Cluster Analysis? Cluster analysis is a statistical umbrella term for methods that classify data points according to their attributes.

Optimal Sourcing 115

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 115

CLX Logistics

NOVEMBER 21, 2023

When looking ahead to the future, it’s crucial to reflect on the past year, identify emerging trends, and strengthen strategies for benchmarking and procurement. While profitability remained elusive, improvements were seen in emerging and long-standing carriers as the year progressed. They demand results, and rightly so.

Optimal Sourcing 95

Optimal Sourcing Manufacturing Procurement Procurement Cost Reduction 95

SYSPRO Smarter ERP

JULY 3, 2023

Using artificial intelligence (AI) in manufacturing can significantly improve productivity, reduce equipment failure, increase production efficiency and help identify new business opportunities. Smart factories can greatly reduce unplanned downtime, improve product design, increase efficiency, and improve product quality and worker safety.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Data Optimization Software 98

Bringg

MARCH 24, 2021

Supply chain optimization ensures a smoother process and a more successful business model focusing on efficiency and profit. First, let’s define what supply chain optimization means, the different factors involved, and how the right supply chain optimization techniques and solutions can help you support your key business initiatives. . .

Optimal Sourcing 62

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

ShipLilly

JUNE 23, 2021

As a consequence, NVOCCs, logistics service providers, warehouse operators, and freight forwarders can improve their operations in terms of service quality, efficiency, and pace. Those that have embraced artificial intelligence have reported reduced costs, improved productivity, and more controllable margins or error.

Optimal Sourcing 87

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 87

Logistics Viewpoints

SEPTEMBER 4, 2023

Procuring transportation for freight is much different than any other procurement category. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. One master of freight procurement is Kyle Masters. Procurement ran a request for proposal event.

Procurement Solutions 122

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 122

CLX Logistics

APRIL 22, 2024

Supply chain planning aims to ensure that the right products are available at the right place, time, and quantity while minimizing costs and optimizing overall efficiency. Digitization offers a comprehensive solution to better manage and optimize for these challenges. How efficient is your freight management system?

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 98

CLX Logistics

NOVEMBER 21, 2023

When looking ahead to the future, it’s crucial to reflect on the past year, identify emerging trends, and strengthen strategies for benchmarking and procurement. While profitability remained elusive, improvements were seen in emerging and long-standing carriers as the year progressed. They demand results, and rightly so.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Procurement Cost Reduction 52

The Logistics of Logistics

AUGUST 28, 2023

Her supply chain and traditional G&A consulting background bring a unique perspective to clients who must work across their organizations to drive supply chain initiatives with Procurement, IT, Operations, and the C-suite. At DAT, she has been instrumental in growing the shipper practice.

Supply Chain Planning Software 360

Supply Chain Planning Software Logistics Network Optimization Software Optimization Software Optimal Sourcing 360

SYSPRO Smarter ERP

MARCH 2, 2022

To deal with the new challenges in managing and planning the supply chain , the procurement department is one of the functions that should look at changing. It is no longer sufficient for procurement to focus just on supplier costs, placing orders and ensuring goods are received. Risk management.

Optimal Sourcing 116

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Software 116

3PL Links

DECEMBER 3, 2023

Predictive Analysis in Logistics and Supply Chain: How to Apply | Image source: Pexels In logistics, predictive analysis is simply the process of identifying and forecasting patterns, trends, and behaviors in both human and machine learning approaches, data, and algorithms. How predictive analytics works in logistics?

Supply Chain Planning Software 48

Supply Chain Planning Software Optimal Sourcing Analysis Supply Chain Software 48

MTS Logistics

JUNE 9, 2023

From enhanced visibility and streamlined processes to improved efficiency and customer satisfaction, digitalization is revolutionizing how international logistics operate. Predictive analytics and big data solutions enable demand forecasting, inventory optimization, route optimization, and risk management.

Supply Chain Software 77

Supply Chain Software Optimal Sourcing Optimization Software Logistics Network Optimization Software 77

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. The cloud also allows access to Big Data, which greatly improves the platform’s ability to do machine learning. The use cases just keep expanding.

Supply Chain Design Software 121

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

3PL Links

APRIL 5, 2024

Image source: Shipbob | Top 10 Practical Supply Chain Management Tips for Businesses Effective supply chain management becomes an increasingly important sector full of strategic opportunities and difficulties in an increasingly dynamic and complicated network. Check out 10 practical tips to improve your company’s supply chain management: 1.

Supply Chain Planning Software 48

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

FreightWaves SONAR

MARCH 15, 2021

Supply chain professionals responsible for transportation procurement at Fortune 500 companies focus on three things – budget forecast accuracy, service scores and primary tender acceptance. harder to procure capacity at the benchmark rate per mile ) in both the outbound and inbound directions.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

Logistics Viewpoints

DECEMBER 4, 2023

More advanced solutions include real-time transportation visibility, route optimization, and telematics. In transportation, digital freight procurement and asset tracking & data mining are in broad use. The top drivers for these investments are the needs for improved cost, driver, and productivity management.

Modeling Software 135

Modeling Software Optimization Software Logistics Network Optimization Software Optimal Sourcing 135

SYSPRO Smarter ERP

APRIL 17, 2023

Unfortunately, without proper processing and analysis, this data is of little use to the organization. BI is a powerful tool that can help companies drive informed decisions, improve their planning processes, and maintain a competitive edge in the marketplace. This enables managers to take swift action and keep production on track.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Optimization Software 98

Logistics Bureau

AUGUST 2, 2021

Whether you’re planning to benchmark your supply chain or simply trying to improve how you measure its performance, it makes sense to know a little about the most commonly used KPIs for each supply chain component. 7 Procurement KPIs You Should be Using. There are several methods you can use to measure the supplier defect rate.

Procurement Analytics 117

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 117

Logistics Viewpoints

SEPTEMBER 29, 2022

However, as supply chain practitioners know, operating regionally, or in a siloed fashion, tends to create inefficiencies that can be addressed by broader operating visibility and efforts to optimize holistically instead of locally. They named this initiative Project Network Enterprise Optimization (Project NEO). Project NEO.

Supply Chain Transformation 145

Supply Chain Transformation Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 145

EazyStock

AUGUST 28, 2023

By harnessing the power of data, EazyStock’s advanced functionality enables businesses to make smarter decisions, anticipate demand, and optimize stock levels, enhancing efficiency and profitability. As a cloud-based inventory optimization solution, EazyStock connects to your enterprise resource planning (ERP) or existing business system.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

Logistics Bureau

APRIL 3, 2023

However, I can’t recall writing a general guide about exploiting outsourcing opportunities to improve your supply chain. In this article, I will redress the balance by exploring outsourcing from a more holistic perspective, focusing on ways to consider outsourcing partnerships for improvement throughout the supply chain.

Outsourcing 87

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 87

SYSPRO Smarter ERP

OCTOBER 9, 2023

Therefore, companies should have a system to collect and consolidate the data for reporting and analysis. Understanding material costing requires information about procurement activities and how long materials linger in inventory before they are used to generate revenue. This can be used in costing analysis and equipment profitability.

Manufacturing Procurement 111

Manufacturing Procurement Purchasing Skills Cost Reduction Optimal Sourcing 111

FreightWaves SONAR

MAY 17, 2023

SONAR Supply Chain Intelligence (SCI) takes the high frequency data SONAR is known for one step further by providing data analysis that leads to actionable insights. Finding that sweet spot – even if it isn’t the lowest possible number – ultimately leads to reduced transportation costs and improved routing guide compliance.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Price Reduction Cost Reduction 52

Transporeon

SEPTEMBER 19, 2017

Transportation procurement, the process of identifying and evaluating logistics providers, is a game of options. Combinatorial optimization can lighten the load The resources required to solve those questions manually are simply unfeasible. This is where combinatorial optimization can help. On behalf of a U.S.-based

Optimal Sourcing 48

Optimal Sourcing Optimization Software Optimization Vendor Strategies 48

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. Do you wish to learn more about the procedures which will help you improve your chain?

Supply Chain Design Software 62

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

3PL Links

APRIL 23, 2024

Image source: Biz Epic | Top 8 Applications of Artificial Intelligence in The Supply Chain Innovation in technology has completely changed the supply chain. In this regard, supply chain management’s intricate operations are becoming more and more optimized through the use of artificial intelligence (AI).

Supply Chain Planning Software 48

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

FreightWaves SONAR

DECEMBER 15, 2020

A freight spend analysis can help cut those extra costs. Performing a freight spend analysis reveals extra costs deriving from unforeseen issues. Let’s look at a few best practices and steps to conduct a comprehensive, insightful cost analysis. Know the scope and value of a freight spend analysis.

Analysis 59

Analysis Procurement Analytics Optimization Software Optimal Sourcing 59

Log-hub

MARCH 1, 2023

The mistakes that can pull your supply chain far away from the progress are bad cost management strategy, lack of optimized business processes, neglecting data and KPI’s, poor customer service and no future planning. Transparency of the cost and thinking out of the box are required in order to improve. But how to get rid of them?

Cost Reduction 52

Cost Reduction Sourcing Strategies Expense Reduction Supply Chain Design Software 52

CLX Logistics

MARCH 4, 2024

Supply chain planning aims to ensure that the right products are available at the right place, time, and quantity while minimizing costs and optimizing overall efficiency. Digitization offers a comprehensive solution to better manage and optimize for these challenges. How efficient is your freight management system?

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 52

Locus

DECEMBER 7, 2021

Presently, their major focus lies on local production, warehousing and strategic sourcing. With the pandemic and political instability, businesses in the Middle East have begun to reconsider supply chain strategy to improve their resilience. How network optimization solutions help companies counter supply chain disruptions.

Optimal Sourcing 52

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

Trinity Logistics

OCTOBER 31, 2021

Transportation management affects every part of your logistics process, from planning to procurement and more. Through a TMS, you can automate and optimize your processes, gain visibility into your logistics, and view valuable data.?. Optimization. Get a free supply chain analysis to see what you need.?. Automation.

Optimization Software 96

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

Conger

APRIL 1, 2024

Continue reading to learn more about this essential strategy to ensure your equipment performs optimally at all times. Efficiency: Well-maintained machines operate at optimal levels that lead to increased productivity. Let’s dive in! Cleaning: Keeping equipment clean prevents dirt build-up that can lead to malfunctions.

Material Savings 83

Material Savings Expense Reduction Resource Reduction Cost Reduction 83

Freightos

JANUARY 30, 2024

Judah Levine January 30, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 38% to $4,099/FEU. America weekly prices increased 2% to $1.98/kg.

Optimal Sourcing 110

Optimal Sourcing Negotiating Skills Demo Optimization Software 110

3PL Links

MAY 3, 2023

Improving Supply Chain Visibility: The Impact of Data Strategy | Image source: Pixabay A business-contextualized data approach is crucial for boosting supply chain visibility, especially during downturns. This requires knowing precisely what details should be collected and trusting the sources of this data.

Sourcing Strategies 62

Sourcing Strategies Inventory Reduction Material Savings Cost Reduction 62

Logistics Viewpoints

JUNE 26, 2023

For Mars, digitalization has focused on improved customer service, cost reductions, and making their supply chain associates more productive. Mr. Beery concluded that the best transformation projects would be, one, improved supply chain planning. But how to do this was very ambiguous.

Supply Chain Planning Software 124

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 124

Log-hub

SEPTEMBER 4, 2023

As companies expand globally and customer demands change, a clear supply chain view is essential for improved operations. By enhancing the decision-making process and maximizing efficiency, supply chain visualization aids in improving business operations and provide more value to customers.

Supply Chain Planning Software 40

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Supply Chains 40

Log-hub

SEPTEMBER 4, 2023

As companies expand globally and customer demands change, a clear supply chain view is essential for improved operations. By enhancing the decision-making process and maximizing efficiency, supply chain visualization aids in improving business operations and provide more value to customers.

Supply Chain Planning Software 40

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Supply Chains 40