FreightWaves SONAR

JULY 10, 2023

Businesses are prioritizing the speed of data propagation within their supply chains. According to Gold, NRF members have made significant investments in data analysis to improve their ability to predict consumer demand to prevent bloated inventory levels that many large retailers experienced around this time in 2022. and Target Corp.

Data 52

Data Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 52

EazyStock

AUGUST 28, 2023

In the rapidly evolving business landscape, staying ahead of the competition requires more than just good instincts – it demands data-driven decision making. When it comes to inventory management, relying on gut feelings and historical data may lead to inefficiencies, missed opportunities and incorrect inventory levels.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

FueLoyal

JANUARY 16, 2019

On average, transportation companies spend 25% or more on fuel purchases. Fuel management is set of activities and procedures companies implement in order to optimize fuel usage and reduce costs related to fuel purchasing. But fuel purchase routing works great with existing fuel cards and provides an extra layer of savings.

Purchasing Skills 73

Purchasing Skills Procurement Solutions Purchasing Expense Reduction 73

FreightWaves SONAR

JUNE 5, 2023

Lack of data, lack of conviction and lack of organizational agility all conspire to keep companies from recognizing medium-term opportunities and challenges and responding decisively. It’s hard to find good data that provides a view into the next few months of consumer behavior and economic activity.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Data Freight 52

SYSPRO Smarter ERP

MARCH 15, 2023

Manufactures are continuously faced with the challenge of forecasting how much (raw material) to purchase and how much (finished goods) to produce. To manage this delicate balance of demand and supply, manufacturers often use statistical forecasting techniques to predict future demand by looking at historical sales data.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Analytics Supply Chain Planning Software Procurement Solutions 105

Logistics Business Magazine

SEPTEMBER 13, 2022

Neil Adcock, Managing Director at Bis Henderson Consulting , reveals how to unlock the value hidden in returns data. To determine the appropriate returns strategy retailers need to understand what is going on and tapping into returns data may unlock some important insights. Getting hold of the data. Product feedback.

Data 61

Data Cost Reduction Purchasing Skills Sourcing Strategies 61

GlobalTranz

APRIL 8, 2015

A growing trend across all industries has been the application of big data , with the use of algorithms and the hiring of data scientists becoming commonplace. As businesses collect and store an ever increasing amount of data, the algorithms required to make sense of this data will become even more valuable.

Data 98

Data Procurement Analytics Price Reduction Supply Chain Software 98

Ship Monk

MARCH 21, 2024

Customers are mostly anonymous, and purchases are made or abandoned, seemingly on a whim. Customer relationship management systems collect and centralize all the important data about a business’ customers (and potential customers). With most ecommerce businesses, however, the sales pipeline isn’t nearly as long or as hands-on.

Optimization Software 94

Optimization Software eCommerce Logistics Network Optimization Software Procurement Solutions 94

The Logistics of Logistics

JANUARY 19, 2024

Eliminating Inefficiencies: Onward’s data-driven platform tackles the inefficiencies of traditional big and bulky delivery. This premium service is available not just in major cities but also in underserved areas, thanks to Onward’s expanding network of qualified professionals.

Logistics Network Optimization Software 245

Logistics Network Optimization Software Waste Reduction Cost Reduction Optimization Software 245

Logistics Viewpoints

APRIL 6, 2023

The shift from traditional purchasing to a collaborative supply chain network is not just a change in nomenclature; it represents a fundamental transformation in the way organizations manage their supply chains. The costs associated with purchasing these items hit the “operational expenses” components of the company’s financial statements.

Optimal Sourcing 123

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Procurement Analytics 123

Parade

AUGUST 30, 2016

Customers demand real data to handle delays, adjust personnel, and manage their gates and they're not easing up anytime soon. Confusion, dishonesty, and excessive check calls have become the norm because the trucking industry still relies on bad data. Bad Data Hurts Trucking. Any information you can doubt is bad data.

Data 60

Data Purchasing Skills Cost Reduction Procurement Solutions 60

Blue Grace Logistics

MARCH 7, 2024

-based a SaaS optimization platform services provider focused on helping shippers maximize resources and reduce costs through advanced supply chain algorithms and real-time data analytics. A purchase price for the transaction was not disclosed.

Supply Chain Planning Software 75

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Network Optimization Software 75

Apparel Logistics

MARCH 23, 2018

Big data supplies businesses with an abundance of information that can help apparel retailers make smart decisions. Data on consumer engagement helps marketing professionals enhance their content, while purchase details can help improve supply chain choices. In-Store People Tracking.

Supply Chain Software 48

Supply Chain Software Optimization Software Supply Chains Optimization 48

WorkWave

AUGUST 4, 2020

In the grand scheme of things, data analysis falls into the categories of descriptive, predictive, and prescriptive. While descriptive data presents existing figures, predictive data allows you to draw insights from trends in your descriptive data in order to make an educated guess about what might happen next.

Data 91

Data Procurement Analytics Sourcing Strategies Ordering 91

Logistics Viewpoints

NOVEMBER 6, 2023

Suppliers are facing increasing pressure from the buyers of their goods and services to report their environmental, social, and governance data. Increasingly, companies will take sustainability criteria into account in their purchasing decisions. The data, which is reported on the EcoVadis platform, highlights the supplier’s emissions.

Supply Chain Planning Software 135

Supply Chain Planning Software Resource Reduction Material Savings Procurement Analytics 135

MTS Logistics

JULY 7, 2023

With the availability of funding, many small to medium-sized companies formed and exhibited at the TPMTech conference so that they could also grab the piece of the pie. Forwarders either purchased systems or are creating their own platforms so that they can show cargo movements to their customers and provide this as a value-added benefit.

Logistics Network Optimization Software 78

Logistics Network Optimization Software Supply Chain Software Procurement Solutions Purchasing Skills 78

CLX Logistics

MARCH 9, 2021

Big data and predictive transportation analytics are transforming the supply chain industry in incredible ways. An individual transportation company may collect large quantities of granular internal data over time, but that’s not enough to extract the maximum possible value. Better Customer Experiences.

Optimal Sourcing 40

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Procurement Analytics 40

Logistics Business Magazine

NOVEMBER 9, 2023

However, this aspect usually only comes into play when load carriers go missing, transport times increase, or new purchases have to be made at great expense. To maintain an uninterrupted supply to production, additional load carriers have to be purchased while others remain unused.”

Tracking and Tracing 62

Tracking and Tracing Procurement Solutions Manufacturing Procurement Purchasing Skills 62

FreightWaves SONAR

NOVEMBER 9, 2020

This week, learn how freight market participants, especially trucking carriers , rely on both the Ultra-Low Sulfur Diesel Rack (ULSDR) data index and the FUELS index to measure diesel fuel price volatility and to understand its impact on their operations and the freight market at large. What are the ULSDR data and FUELS indices?

Purchasing Skills 52

Purchasing Skills Price Reduction Data Cost Reduction 52

FreightWaves SONAR

FEBRUARY 11, 2021

Instead of wasting resources to guess at which lanes and shippers meet minimum load requirements, capturing real-time freight data helps carriers identify their top performers, review eligibility for shipper-of-choice status and ensure everything runs more smoothly. This also means increased availability of fresh talent for the fleet.

Procurement Analytics 98

Procurement Analytics Trucking Optimization Software Operations 98

Logistics Viewpoints

SEPTEMBER 20, 2022

This means we need more agile, flexible, and scalable planning platforms to process and consolidate new data sources, drive insights using advanced analytics such as AI/ML to drive autonomous decisions, and expand collaboration within and outside our organizations. The platform serves the needs of different levels of resource availability.

Supply Chain Planning Software 118

Supply Chain Planning Software Supply Chain Software Scenario Planning Optimization Software 118

Logistics Viewpoints

JUNE 8, 2023

While the initial purchase cost of an existing platform may appear higher, the added benefits, scalability, and efficiencies it provides ensure lower costs over the long term and higher lifetime value. Solutions addressing relevant business challenges are available in the market. Cost is an important consideration as well.

Modeling Software 124

Modeling Software Optimization Software Supply Chain Design Software Logistics Network Optimization Software 124

Logistics Business Magazine

DECEMBER 13, 2023

” To pinpoint the ‘National Day of Panic’ for 2023, Gophr number crunchers analysed; the delivery slots for all major UK supermarkets, train timetables for all major train routes out of London in December, historic RAC and AA data for travel patterns during the festive period, as well as Gophr’s proprietary delivery data.

Training 69

Training Course Availability Analysis 69

Logistics Viewpoints

OCTOBER 18, 2023

The World Trade Organization publishes lots of insightful data on global trade – including trade indexes. Manufacturing Purchasing Managers Indexes The J.P. Output rose in 8 of the 29 nations for which data was available. The first pattern I noticed was an extreme decrease followed by an extreme increase in 2020.

Manufacturing Procurement 161

Manufacturing Procurement Purchasing Skills GEP Price Reduction 161

SYSPRO Smarter ERP

AUGUST 17, 2022

Manufacturers and distributors can optimize their inventory management using some of the latest emerging technologies, including machine learning, data analytics, artificial intelligence, and cloud computing. In the new normal, a data-driven approach to inventory management provides the basis for better and faster decisions.

Optimal Sourcing 105

Optimal Sourcing Optimization Software ERP Inventory Reduction 105

Logistics Business Magazine

MARCH 13, 2023

Or one where you consistently capture accurate weighing and dimensioning data in real-time without stopping. While driving at a consistent speed on a level surface, you can now generate reliable data on weight and volume in real time. The data can be transferred to any ERP or WMS and used to invoice your customers by weight.

Optimization Software 66

Optimization Software Modeling Software Optimization Modeling Supply Chain Software 66

Ship Monk

APRIL 5, 2024

The process involves collecting quantitative and qualitative data concerning vendor-provided goods and services, and analyzing this data for opportunities to improve (or reasons to end) the relationship. Adding an SRM layer simply forces you to analyze this data once in a while, and use the information to improve your business.

Negotiate Pricing 82

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 82

SYSPRO Smarter ERP

OCTOBER 9, 2023

Modern machinery is commonly fitted with real-time sensors but these are not very useful if there is no way to view and action the data from the sensors. Therefore, companies should have a system to collect and consolidate the data for reporting and analysis. This can be used in costing analysis and equipment profitability.

Manufacturing Procurement 111

Manufacturing Procurement Purchasing Skills Cost Reduction Optimal Sourcing 111

Logistics Business Magazine

SEPTEMBER 27, 2023

Automation solutions from experts such as Prime Vision provide warehouses with the tools and data that increase the accuracy and speed of order fulfilment, leading to enhanced customer satisfaction and repeat orders in the future. For consumable products that are purchased repeatedly, the platform can suggest setting up a subscription.

Automation 63

Automation Logistics Network Optimization Software Procurement Solutions Procurement Analytics 63

Logistics Viewpoints

JUNE 1, 2023

With these at play, having agile planning systems which can consume large amounts of internal and external data and provide decision intelligence and decision automation are becoming essential capabilities retailers seek. They are more likely to shop for discounts and sales and may delay purchases of some items.

Supply Chain Planning Software 117

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 117

Freightos

SEPTEMBER 4, 2017

Peak Season, GRIs, and Data Transparency. That’s why I recently dove into millions of Freightos Index data points. Take a look at the data. Beyond traditional indexes (some of which suffer from potential reporting biases), there isn’t much in the way of available empirical evidence. By Noam Frankel.

Data 48

Data Procurement Analytics Purchasing Skills After-sales 48

WorkWave

MAY 23, 2024

And that is influential in and of itself: 95% of customers say they read reviews before making a purchase decision* 88% of customers who read online reviews say they influence their decisions** *[link] **[link] Be sure to solicit reviews by sending email and text message requests, and incentivize your technicians to ask for reviews as well.

Optimization Software 107

Optimization Software Optimization Price Reduction Cost Reduction 107

GlobalTranz

MARCH 7, 2016

Through the use of connected devices and greater abilities to capture data in real time, the concept of end-to-end visibility and improvement thru the use of supply chain analytics has changed. However, the Internet of Things and big data supply chain analytics are allowing manufacturers to monitor performance in near real-time.

Procurement Analytics 61

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chains 61

RPA Labs

JANUARY 13, 2022

With continued digital innovation, data from across the supply chain network and even consumer purchasing trends can be easily collected and analyzed to understand historical trends better and predict future demand. Management and Data Sharing Too. ??Even Consider emails, video calls, data transfers, and the like as well. ?5.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimization Software Procurement Solutions 52

Logistics Viewpoints

SEPTEMBER 19, 2022

A MSCN is a collaborative solution for supply chain processes built on a many-to-many architecture which supports a community of trading partners and third-party data feeds. Then the site also does the kind of purchase order and invoicing collaboration that EDI solutions do. Then there is FourKites.

Supply Chain Design Software 95

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chains 95

Logistics Viewpoints

MAY 26, 2022

The pursuit of ever higher efficiency and speed have dominated transformation initiatives for more than forty years, driven in large part by the assumption that raw materials, commodities, warehouse space, transportation capacity and labor will be plentiful and immediately available at stable and often declining cost.

Supply Chain Software 160

Supply Chain Software Optimal Sourcing Supply Chain Design Software Logistics Network Optimization Software 160

GlobalTranz

MARCH 15, 2016

There’s an art to integrating computerized data collection systems on the manufacturing floor. Here are 5 questions often overlooked when integrating computerized data collection systems, ignore them at your peril. 5 questions to ask when integrating computerized data collection systems. What data needs collecting?

Manufacturing Procurement 51

Manufacturing Procurement Data Tips Purchasing Skills 51