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

FreightWaves SONAR

MAY 7, 2024

Traditionally, shipping companies have relied on manual tools and processes, predominantly managing their requests for proposals (RFPs) and bids using simple spreadsheets. This approach is cumbersome and fraught with challenges such as limited visibility, inefficient data management and difficulties in bid analysis.

Optimal Sourcing 64

Optimal Sourcing Optimization Software Supply Chain Software Procurement 64

CLX Logistics

FEBRUARY 22, 2024

At the heart of these challenges lies the need for advanced tools and technologies to drive innovation, enhance decision-making, and unlock hidden value within procurement processes. ML algorithms enable predictive analysis and decision-making, while NLP algorithms enhance communication and data analysis capabilities.

Optimal Sourcing 52

Optimal Sourcing Procurement Negotiating Skills Supply Chain Software 52

Logistics Business Magazine

APRIL 18, 2024

This can result from a particular seasonal demand or an emerging trend encouraging more investment. Predictive analytics Many companies may not realise they have existing data from within their industry of trends, fluctuations, and disruptions that regularly occur.

Supply Chain Planning Software 57

Supply Chain Planning Software Supply Chain Software Supply Chains How To 57

Logistics Viewpoints

APRIL 10, 2024

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. Identify the sources, types, and probabilities of potential disruptions, as well as their impacts and consequences for supply chain performance and objectives.

Supply Chain Planning Software 150

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

SYSPRO Smarter ERP

MARCH 20, 2024

Common issues include: Lack of data-source integration. The ability to gather and compare data from multiple sources is vital to making real-time decisions. Storage costs increase significantly when you duplicate data across multiple sources. In recent years, the amount of data available to most companies has exploded.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Expense Reduction Cost Reduction 105

EazyStock

DECEMBER 17, 2019

Intro to 2020 Supply Chain Management Trends. Throughout the last decade, the main trends were digitization and globalization. 2020 supply chain management trends will further these shifts. 2020 supply chain management trends will further these shifts. So which of the new trends will you be embracing in the new year?

Supply Chain Software 81

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

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. Read also: Revolutionizing the Industry: Discover the Top 3 Logistics Trends for 2023! Which tools should we use?

Sourcing Strategies 62

Sourcing Strategies Inventory Reduction Material Savings Cost Reduction 62

3PL Links

MAY 9, 2024

Image source: PickPik | Everything You Need to Know About Smart Warehousing Smart component storage for electronic board assembly is a tactic employed by businesses looking to uphold high standards for their offerings. This makes it possible to spot trends, estimate demand more precisely, and optimize storage operations.

Warehousing 48

Warehousing Optimal Sourcing Inventory Reduction Expense Reduction 48

FreightWaves SONAR

NOVEMBER 28, 2023

“This makes TRAC data far more accurate and reliable than any other spot rate source on the market.” These partnerships enable SONAR to continue to create new methodologies and introduce innovative tools aimed at building a single source of truth for the supply chain world.

Optimal Sourcing 59

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

EazyStock

JANUARY 6, 2023

As we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. If you’re buying raw materials or components, review your bill of materials to see if it’s possible to substitute materials or items for cheaper options or source from alternative suppliers.

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 we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. If you’re buying raw materials or components, review your bill of materials to see if it’s possible to substitute materials or items for cheaper options or source from alternative suppliers.

Supply Chain Planning Software 52

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

3PL Links

JULY 7, 2023

The Role of Data Analytics in Supply Chain Management | Image source: Pixabay This article describes the transformation that data analysis and the supply chain are fostering and how it will impact business intelligence. Intelligence-driven businesses are interested in supply chain management and data analysis.

Supply Chain Software 48

Supply Chain Software Supply Chains Data Logistics Network Optimization Software 48

The Logistics of Logistics

FEBRUARY 11, 2022

While traditional software license models are still available from some WMS vendors, the overwhelming trend is for Cloud delivery and subscription-based pricing, so we will focus on that here. If new hardware is required, it can often be sourced from the WMS vendors. Original article: Cost of Warehouse Management System Software .

Modeling Software 221

Modeling Software Logistics Network Optimization Software Cost Reduction Vendor Strategies 221

Log-hub

SEPTEMBER 4, 2023

In today’s business trends it’s impossible to overstate the significance of supply chain visualization. Sustainability Pressures: As the importance of sustainability increases, supply chain managers need to consider environmental impacts and ethical sourcing, which can be very complex.

Supply Chain Planning Software 40

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

Log-hub

SEPTEMBER 4, 2023

In today’s business trends it’s impossible to overstate the significance of supply chain visualization. Sustainability Pressures: As the importance of sustainability increases, supply chain managers need to consider environmental impacts and ethical sourcing, which can be very complex.

Supply Chain Planning Software 40

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

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.

Supply Chain Planning Software 48

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

TransAudit

JUNE 27, 2023

The supply chain, an integral part of modern commerce, continues to evolve, learning from the impacts of industry trends and global events over the years. An absence of good data can lead to significant issues, indicating the importance of a robust approach to data collection and analysis.

Optimal Sourcing 69

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 69

20Cube Logistics

JANUARY 22, 2022

We all have seen how the world came to a standstill; we all have witnessed how the financial and social trends across the world underwent a sea-change; we all have experienced how the world became a different place in terms of how we dealt with things. The fundamentals of data analysis lie in data. Data is the new gold.

Optimal Sourcing 75

Optimal Sourcing Supply Chain Planning Software Analysis Supply Chain Software 75

SYSPRO Smarter ERP

JULY 5, 2023

Understanding the supply chain from “farm to table” is essential to not just meet regulatory compliance but also to allow consumers to have confidence in the ethical sourcing of natural resources in the food industry. This is where the integration of embedded analytics within ERP systems can make a world of difference.

Manufacturing Procurement 97

Manufacturing Procurement ERP Maintainability Compliance 97

Logistics Viewpoints

SEPTEMBER 19, 2023

Globalization, nearshoring and friendshoring trends are amplifying the supply chain risks. It is critical that supply chain design tools model real world complexity to effectively model the risks. There may be several nodes that are critical and single sourced thus elevating the risk profile of the supply chain.

Supply Chain Design Software 138

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 138

CLX Logistics

APRIL 22, 2024

It involves analyzing historical data, information such as market trends and other relevant factors, and the knowledge to anticipate future demand accurately. Providing ongoing support and resources facilitates a smooth transition to digital tools and systems. Data informs transportation capacity and rates.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 97

EazyStock

AUGUST 28, 2023

If that’s your reality, you’ll identify with the leading precision engineering cutting tool distributor, Cutwel. Data analysis: Software’s powerful algorithms and complex calculations make it easy to analyze data to identify trends, patterns, and correlations.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

TransAudit

JULY 6, 2023

The supply chain, an integral part of modern commerce, continues to evolve, learning from the impacts of industry trends and global events over the years. An absence of good data can lead to significant issues, indicating the importance of a robust approach to data collection and analysis.

Optimal Sourcing 52

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

Logistics Viewpoints

MARCH 25, 2021

Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. Price fluctuations and sourcing issues.

Supply Chain Planning Software 185

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 185

3PL Links

JANUARY 4, 2024

What It Is, Benefits, and Supply Chain 5.0 | Image source: edfuturetech.com One of the biggest benefits of this new era in logistics is the clever use of data, which makes it possible to make decisions with greater authority, lower risks, eliminate waste, and encourage socially conscious behavior. Logistics 5.0:

Supply Chain Software 48

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

FreightWaves SONAR

FEBRUARY 11, 2021

Digital freight matching is growing more valuable as a way to source meaningful capacity Companies and freight managers that have embraced digital technology and automation remain more likely to thrive. Utilization of truckload shipping tools and processes to optimize freight movements.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Supply Chain Planning Software Optimization Software 98

SYSPRO Smarter ERP

NOVEMBER 8, 2021

One source reports disruptions increased over 60% between 2019 and 2020. New trends in supply chain management. Source: McKinsey. This may even suggest much larger safety stocks and in some cases, a whole new sourcing agreement. Review sourcing and suppliers. For example: Japan earthquake 2016.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 116

Logistics Viewpoints

OCTOBER 11, 2021

Mr. Wood believes there is a significant trend that is occurring with respect to the trade compliance department in companies. McKee from SAP agrees that many companies have moved past a narrow focus on following the law towards a major trend towards using GTC solutions for duty minimization.

Compliance 116

Compliance SAP Vendor Strategies Sourcing Strategies 116

Turvo

SEPTEMBER 8, 2021

According to Inbound Logistics , many shippers are unenthusiastic to source, onboard, teach, and maintain TMS systems due to concerns over putting in more than they get out of it. Accessing all freight data points and maintaining on-demand data analysis and reports can help keep things running smoothly throughout the supply chain.

Supply Chain Planning Software 64

Supply Chain Planning Software Cost Reduction Logistics Network Optimization Software Supply Chain Software 64

FreightWaves SONAR

JULY 10, 2023

This includes sourcing materials, working with vendors, managing warehouses and transportation, and coordinating with retailers to ensure they can meet the changing demands of consumers while remaining profitable. While the pandemic exposed the fragility of the global supply chain, adding data tools to traditional forecasting models is key.

Data 52

Data Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 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

GlobalTranz

JANUARY 5, 2016

Yesterday we began our two part series on 2016 supply chain trends that will drive supply chain management into the future. As with most trends we all have read over the last few years, the focus was on technology. Supply Chain Trends 2016: 5 Additional More Areas of Focus. We listed the first 7.

Supply Chain Planning Software 64

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 64

Conger

MARCH 28, 2024

Here are the new trends in technologies that continue to impact fleet management practices: Autonomous vehicles : I am sure you have already seen autonomous vehicles used in military applications or niche logistics. Controlling Costs Cost-controlling mechanisms provide businesses with required tools and insights to manage and reduce costs.

Optimization Software 73

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 73

GlobalTranz

DECEMBER 7, 2015

As we close the year of 2015, we want to take a look at some manufacturing trends for 2016. Manufacturing Business Technology recently wrote the 5 e-commerce trends for 2016 for manufacturers to look at that include: Manufacturers will seek to increase their share of aftermarket parts sales. E-Commerce for Manufacturing.

Manufacturing Procurement 81

Manufacturing Procurement Trends Supply Chain Design Software Supply Chain Planning Software 81

FreightWaves SONAR

MARCH 18, 2021

Managing the manufacturing supply chain and freight markets of today requires skills, tools, applications and services that have never been utilized in the past. Seeing that trend indicates increased manufacturing or distribution activity, typical for the flurry of activity that accompanies spring.

Manufacturing Procurement 91

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 91

Logistics Business Magazine

DECEMBER 28, 2021

The well-established collaboration between international freight transport insurer, TT Club and the supply chain services and solutions team at BSI , the business improvement and standards company has produced the latest report on trends in the theft of goods entitled, ‘Cargo Crime in Gulf Countries and Regional Free Trade Zones’.

Cargo 52

Cargo Supply Chain Software Supply Chains Logistics Network Optimization Software 52