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SONAR Indices & Insights: Improve Freight Shipping Procurement with SONAR SCI’s Lane Acuity Plus

FreightWaves SONAR

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.

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Assemble-to-Order manufacturing Part 2: ERP solutions to improve operations

SYSPRO Smarter ERP

This should also integrate with inventory management and procurement so that goods are ordered in time and there is visibility over stock items. By using business analytics tools in the forecasting process, the quality of forecasts can be assessed and trends analyzed.

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Freight Recovery – Planned vs. Actual

Blue Grace Logistics

What This Blog Is About: The difficulty of factoring in freight costs. For example, a company gets a shipping rate of $100, and they quote the customer $120. For example, for how long is it correct to do this? And the organization will also have more and better tools to prevent that situation in the future.

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The role of a Bill of Materials in optimizing your inventory management

SYSPRO Smarter ERP

For example, in a bakery business, using the right tool with the BOM, the overall capacity of the oven and fridges could be monitored, and improvements as to how best to use ability could be suggested to reduce electricity costs, capacity constraints and workforce. First, keeping track of the production process is very beneficial.

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DFB Tech Stack: Invoice Reconciliation

Parade

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post was written in collaboration with , OpenEnvoy , a leading automated invoice reconciliation tool. Digitize Invoicing to Eliminate Errors and Guard Cash Flow.

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How manufacturers and distributors can use ERP to gain control across the supply chain

SYSPRO Smarter ERP

New SYSPRO research reveals 47% of survey respondents invested in sensors, IoT or IIoT to collect data and respond to supply chain disruption, however only 20% of businesses invested in data analytics tools to process and analyze the data and only 5% of businesses investigated AI and ML to draw any long-term benefit from the data collection.

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10 reasons why you should use an ERP system in manufacturing

SYSPRO Smarter ERP

Business processes can be automated to improve workflow, and information can flow automatically between different areas of the business — for example, from customer order, to inventory procurement, to production job scheduling, to invoicing and to warehouse shipment. No manual data entry is needed; this means no duplication of work.