EazyStock

DECEMBER 13, 2020

In a perfect world, supply chain managers would be able to foresee every possible risk and threat to their supply chain and have a strategy prepared to successfully address any challenges when the moment came. For example, did you take out a loan through the Paycheck Protection Program ? Digitalization. Optimize Inventory.

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Supply Chain Planning Software Cost Reduction 98

EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. With the right strategies in purchasing, logistics and supply chain, you can navigate through a recession and come out as a winner.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Waste Reduction 52

SYSPRO Smarter ERP

APRIL 18, 2022

Longstanding weaknesses in the supply chain like port infrastructure, outdated supply chain strategies and impacts of natural disaster and wars have all further affected global supply chains. Digitalization to thrive into the future. Digital technologies make it possible for companies to transform how they operate.

Manufacturing Procurement 124

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software ERP 124

SYSPRO Smarter ERP

AUGUST 9, 2022

Digital transformation has quickly become an essential part of any successful business strategy which has also resulted in a skills gap. Manufacturers and distributors are simply not engaging with the new workforce, yet the new workforce is digitally savvy. Digitalization. An evolving workforce. Manufacturing.

Course 105

Course Buyer Training Waste Reduction Expense Reduction 105

GoShip Blog

DECEMBER 29, 2022

Fortunately, there are effective strategies you can employ to reduce your e-commerce store’s shipping costs. There are various digital shipping platforms you can use to access discounts and reduce logistics costs. For example, try reducing the amount you spend on packaging supplies. Here are six you should try: .

Cost Reduction 52

Cost Reduction Price Reduction Inventory Reduction Negotiating Skills 52

Freightos

APRIL 25, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Despite the reduced customs costs, both companies are likely shipping by air at a loss—a sustainable strategy for their coffers but one that majorly impacts supply chain organizations reliant on the same volumes.

Cost Reduction 88

Cost Reduction Cargo Price Reduction Resource Reduction 88

Talking Logistics

JUNE 25, 2018

Over the past couple of years, we have published many blog posts and produced several video episodes on supply chain digital transformation (see our archives ). The bottom line is that there are two sides to the supply chain transformation coin: the digital and the physical. production to reach stores within 24 hours.”.

Supply Chain Transformation 60

Supply Chain Transformation Supply Chain Software Supply Chain Design Software Supply Chain Planning Software 60

SYSPRO Smarter ERP

MAY 2, 2024

Here are some real-world examples of AI use cases in manufacturing: Improve data processing and analytics by recognizing context and generating valuable predictions and insights to help manufacturers make better decisions and optimize their performance. Examples of antifragile companies include Amazon, Netflix, Tesla and Alibaba.

ERP 52

ERP Supply Chain Planning Software Modeling Software Optimization Software 52

SYSPRO Smarter ERP

NOVEMBER 14, 2022

At the center of many of these changes is a re-tooling which has seen the integration of key digital technologies designed to help businesses cope with changing demands and climates. For example, ERP software can provide decision-makers with insights into the seasonality of products and customer-buying habits in the current market.

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 116

SYSPRO Smarter ERP

NOVEMBER 22, 2021

For example, reports and analytics in your ERP system can help you identify areas where improvements can be made. Examples are heavily integrated supply chains that relied on foreign raw materials, manufacturers needed to explore initiatives like ERP and e-commerce integration to deliver directly to customers.

ERP 111

ERP Supply Chain Planning Software Supply Chain Design Software Vendor Strategies 111

CLX Logistics

JULY 26, 2021

Let’s look at the facts – the percentage of supply chain managers using new analytics tools and services to develop better bidding strategies has increased from 17% in 2017 to more than 30% in 2020. Next-generation supply chain management tools like CLX LaneLogix are a perfect example of the type of system. Service Level Benchmarking.

Material Savings 40

Material Savings Sourcing Strategies Cost Reduction Inventory Reduction 40

AIMMS

SEPTEMBER 28, 2020

Insights from Gartner’s Hype Cycle for Supply Chain Strategy, 2020. Gartner’s Hype Cycle for Supply Chain Strategy, 2020 offers some guidance. In the report, you will find capabilities across five categories: technologies, competencies, frameworks, operating model strategies, and organizational models. Firefighting is the norm.

Supply Chain Design Software 166

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 166

SYSPRO Smarter ERP

OCTOBER 4, 2021

In fact, 29% of businesses stated they would explore initiatives to address immediate needs and accelerate digital transformation. Here are examples of the tangible return-on-investment (ROI) ERP can bring to your business: Maintain competitive advantage with ERP. ERP to drive business strategy and insights.

Manufacturing Procurement 119

Manufacturing Procurement ERP Distribution Supply Chain Software 119

SYSPRO Smarter ERP

JUNE 9, 2022

Here’s an example. After all, data is the foundation of digital transformation, and according to McKinsey the pandemic caused companies to accelerate their digital transformation plans by three to four years. But gaining competitive advantage requires more than just answering the obvious questions.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Software 98

WorkWave

SEPTEMBER 22, 2023

In this blog post, we’ll explore seven ways to effectively utilize KPIs in your home service business. Keep reading to find the link to the worksheet at the end of this blog post. For example, if your customer satisfaction rating KPI is currently at 75%, you might aim to increase it to 90% within a specific timeframe.

Cost Reduction 52

Cost Reduction Blog Data Strategy 52

FreightWaves SONAR

APRIL 4, 2024

Key market areas (KMAs) serve as critical geographical segments, delineated by 3-digit ZIP code areas. Curious about how KMA trends can inform an effective supply chain strategy? Within each KMA, freight landscapes can vary from bustling hubs to quieter regions, collectively providing a comprehensive view of market dynamics.

Supply Chains 52

Supply Chains Optimal Sourcing Freight Outbound 52

SYSPRO Smarter ERP

NOVEMBER 1, 2022

The more technology shifts manufacturing structures, systems and strategies, the more business-critical ERP becomes, and proper techniques are needed to make processes more efficient. Smaller manufacturers, for example, have to consider the costs as challenges can become magnified as a business expands.

ERP 98

ERP Supply Chain Planning Software Factories Supply Chain Software 98

Freightos

JANUARY 15, 2024

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. For example, the Freightos Baltic Index indicates a 69% increase to North America’s East Coast and a staggering 226% to Northern Europe since the crisis began. and bakes really good cookies.

Negotiating Skills 115

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 115

SYSPRO Smarter ERP

JULY 26, 2022

Calls for digital transformation , a bombardment of messages around Industry 4.0 For example, your business may require a specific solution to enable statistical process control. As a result, digital strategies have not aligned to execution. This is where the industry experiences an information overload.

Modeling Software 105

Modeling Software Optimization Software Vendor Strategies ERP 105

WorkWave

JUNE 10, 2020

Many businesses are in a position where they have the opportunity to adapt and get creative with their digital operations; their marketing should not be any different. Here are some advantages of adopting an online marketing strategy that includes social media and content marketing. Well, we live in a digital world.

Cost Reduction 72

Cost Reduction Case Study Strategy Digital 72

Freightos

JULY 1, 2015

And the disc strategy worked. Courier and parcel shipping are a great example of a predecessor for online automation. Alibaba, for example, connects foreign manufacturers with importers, helping to forge new relationships, rather than replacing them with only digital transactions. So are these concerns still valid?

Blog 72

Blog Freight Eliminating Excel in Purchasing Supply Chain Software 72

SYSPRO Smarter ERP

MAY 11, 2022

Many companies were spurred into action during the pandemic to introduce systems that would digitize their operations like ERP Implementation. Mid-size companies considering implementing an ERP system as the route to digital transformation need to be aware that it is a complex system with a major business impact.

ERP 105

ERP Resource Reduction Cost Reduction Buyer Training 105

SYSPRO Smarter ERP

MAY 17, 2022

With Cloud ERP industries can ensure a connected supply chain that integrates and executes actions by working holistically with each related department for example from assembly, to packing right through to logistics. Securing a digital future with Cloud ERP.

ERP 98

ERP Supply Chain Planning Software Supply Chain Software Supply Chains 98

3PL Insights

JANUARY 17, 2023

Digital Technologies. We list some of these cost-saving strategies in our “Tips for Controlling Parcel Rates” article. Nearshoring is a business strategy that involves moving production and manufacturing operations closer to the target market. So, what are some of the trends we can expect in 2023? Nearshoring.

Material Savings 88

Material Savings Trends Cost Reduction Logistics Network Optimization Software 88

Talking Logistics

JANUARY 17, 2019

This post from project44’s blog shares insights from Joe Delussey, Target’s Director of Logistics, on how transportation operations can build loyal and happy customers. Organizations are searching for the best internal strategies as transportation shifts from a cost center into a viable area to drive customer experience.

Picking 60

Picking Transportation Operations Cost Reduction 60

AIMMS

JULY 15, 2019

A great example of this is one of our customers, a Europ ean chemical company with $300M in annual revenue who is growing fast and was ready to move from spreadsheets to something more robust. A focus on Digital Twins . The post Sales & Operations Planning Is Changing At An Accelerated Pace appeared first on AIMMS SC Blog.

Supply Chain Planning Software 107

Supply Chain Planning Software Scenario Planning Modeling Software Gartner 107

SYSPRO Smarter ERP

MAY 22, 2023

Use digital technology – monitor resource and equipment use; use online platforms to connect with supply chain partners. Extend what is already made – repair and maintain products to maximize their lifetime; implement a return strategy when applicable.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 98

Parade

MARCH 3, 2021

Digitize Invoicing to Eliminate Errors and Guard Cash Flow. In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. And in the example of invoices, the unwieldy process of cross-referencing and auditing means that fraud in the logistics business is all too common.

Supply Chain Software 148

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 148

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

The adoption of digital strategies is a major feature of new strategies that manufacturers are planning. IM&E companies need to start looking at digitizing operations. It may be difficult to decide how to spend a limited budget on new digital technology. It can be done digitally with a supplier portal.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software ERP Manufacturing Procurement 115

SYSPRO Smarter ERP

APRIL 4, 2022

An example of such technology is seen as a cloud-based enterprise resource planning (ERP) solution. Let us delve into the main benefits of Cloud ERP for manufacturing companies and explore key factors that make it an ideal solution as you secure a digital future: Benefits of Cloud ERP. appeared first on SYSPRO Blog.

ERP 105

ERP Supply Chain Design Software Supply Chain Planning Software Modeling Software 105

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? In other words, it will be different for every enterprise or organisation.

Inventory Reduction 87

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 87

SYSPRO Smarter ERP

MARCH 2, 2022

To mitigate the risk of unexpected supply chain disruptions, sourcing strategies will need to be revised. In turn, procurement needs to co-operate with the finance department’s working capital strategy and cash flow controls. Digital transformation of procurement. Resiliency.

Optimal Sourcing 116

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

CLX Logistics

MAY 3, 2024

A resilient and agile supply chain strategy is not just a prudent choice—it’s a necessity, especially within the context of chemical supply chains. Challenges in Supply Chain Strategy Planning Designing a resilient and agile supply chain organization is not without its challenges.

Material Savings 95

Material Savings Resource Reduction Cost Reduction Sourcing Strategies 95

Stord

APRIL 21, 2022

This interview was originally posted on Li's blog Look Hu's Talking. The full blog post is below: I’ve never been able to fully square away ecommerce and the impact it has on the environment. brand experience: the ‘unboxing’ moment has become a big part of an ecommerce business’ overall branding strategy.

Packaging 78

Packaging eCommerce Material Savings Cost Reduction 78

AIMMS

SEPTEMBER 19, 2018

In this blog post, I’ll summarize some key learnings I drew from the event and share some insights on Demand Driven supply chains and the industry’s technology landscape. . Let’s start with digital transformation . The underlying theme in all presentations, and my conversations at the event, was digital transformation.

Supply Chain Planning Software 83

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 83

SYSPRO Smarter ERP

MARCH 21, 2022

Key requirements of the new SCM function are agility and resilience, using the power of digital technologies to enable them to do this. Primarily this meant increasing inventories as opposed to other strategies like nearshoring. Not surprising as this period was the high point of the pandemic.

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 116

Parade

DECEMBER 21, 2021

Here’s why technology should be part of your overall strategy. In fact, Frost & Sullivan predicts that the digital freight brokerage segment will have grown to more than , $54 billion by 2025. There are several ways that freight brokerages can use Parade to drive smarter, more agile strategy like the example above.

Supply Chain Planning Software 78

Supply Chain Planning Software Price Reduction Scenario Planning Supply Chain Software 78