GlobalTranz

SEPTEMBER 23, 2021

Download the White Paper: Over the Road Freight Management Trends. A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. A stimulus on the horizon further increases the risks of a higher trend in consumer purchasing. transportation metrics ?that Focusing on the?

Optimal Sourcing 123

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Supply Chain Software 123

SYSPRO Smarter ERP

NOVEMBER 1, 2021

We live in a time where we can purchase almost anything with a click of a button. A B2B e-commerce strategy is therefore becoming increasingly necessary for manufacturing businesses that want to better sell their products or procure the necessary components for manufacturing them. Transitioning to B2B e-Commerce.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Inventory Reduction 111

Ship Monk

NOVEMBER 30, 2023

They’re called metrics, a set of constantly changing numbers and percentages that tell you how you’re doing from one day to the next. There are dozens of metrics you could track, but some are so important you should check them frequently. These are the metrics you want on your dashboard. What is a Metric?

Procurement Analytics 64

Procurement Analytics eCommerce Procurement Solutions Manufacturing Procurement 64

3PL Insights

SEPTEMBER 20, 2021

Yet the ATA Trucking Tonnage Index has proven to be a valuable tool in evaluating the state of the U.S. More goods being purchased lead to more shipments to fill the orders which increase overall tonnage. The index is updated every month but experiences a one-month lag between data compilation and reporting.

Trucking 92

Trucking White Paper Procurement Analytics Trends 92

GlobalTranz

JANUARY 4, 2016

As we head into a new year it is a good time to take a look at the coming year and see what it may hold in the way of trends. We kick off today a month-long focus on trends in the following categories: Manufacturing, Manufacturing Technology, Supply Chain, Logistics, and Transportation Management. Do you have the right people in place?

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 91

Locus

SEPTEMBER 24, 2021

Before preparing themselves for peak season sales, businesses should know the upcoming trends so that they can devise effective strategies. The first step towards building your logistical capabilities for peak season is knowing the recent trends. Here are the top six trends that businesses can expect during the 2021 holiday season.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 52

3PL Links

MAY 3, 2023

According to a report, just 21% of purchasing executives grasp the difficulties of lack of visibility in the supply chain, which becomes even more crucial when the entire chain is struggling to ensure output and satisfy input demand. Read also: Revolutionizing the Industry: Discover the Top 3 Logistics Trends for 2023!

Sourcing Strategies 62

Sourcing Strategies Inventory Reduction Material Savings Cost Reduction 62

Locus

OCTOBER 21, 2022

Between the Covid-19 waves, a trend emerged in the US and the rest of the world that earned the popular name of ‘revenge shopping’. Now almost two years since the black swan event, the trend continues, evolving into much grander, ‘revenge festivities’. Talk to Our Experts. What to anticipate during year-end festivities?

Supply Chain Planning Software 52

Supply Chain Planning Software Meeting Optimal Sourcing How To 52

Logistics Bureau

OCTOBER 20, 2021

These key metrics become your organisation’s “multi-function display” and give you the primary data needed to monitor and manage “normal flight conditions.” ” Feel free to track lots more metrics in the background if you wish, but try to keep attention focused on the five or six “real KPIs.”

Supply Chain Design Software 96

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 96

Infosys Supply Chain Management

APRIL 8, 2014

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. View all Infosys blogs. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. Business Process Outsourcing. Customer Service. Human Resources.

Supply Chain Planning Software 35

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Modeling Software 35

GoShip Blog

AUGUST 18, 2022

Businesses selling items like furniture, cars, and electronics have long allowed customers to pay off major purchases in instalments. The growing trend of Buy Now, Pay Later . Over the past few years, BNPL has transitioned from a niche payment method to one of the fastest-growing finance trends. How it works .

Procurement Solutions 52

Procurement Solutions Purchasing Skills Procurement Analytics Purchasing 52

Locus

OCTOBER 27, 2023

According to the 2023 InMobi Festive Season Report, 84% of Indian consumers revealed a spike in their online shopping budgets compared to just a year ago. Additionally, a comprehensive report from Ernst and Young showcases that a noteworthy 31% of Indian consumers place experience at the forefront when deciding where to spend.

Optimization Software 59

Optimization Software Logistics Network Optimization Software Cost Reduction Expense Reduction 59

EazyStock

OCTOBER 31, 2022

If a product isn’t available for customers to purchase because it’s out of stock, they will likely turn to a competitor and might not return. Demand sensing You should also research general industry information about industry trends, market conditions, and economic changes. Losing multiple customers will significantly impact revenue.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52

EazyStock

OCTOBER 31, 2022

If a product isn’t available for customers to purchase because it’s out of stock, they will likely turn to a competitor and might not return. You should also research general industry information about industry trends, market conditions, and economic changes. Losing multiple customers will significantly impact revenue. Demand sensing.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52

EazyStock

MARCH 26, 2018

Through better inventory management, we’ve been able to support our stock management and procurement processes much better, which has even resulted in higher profits!” Reports at a glance. You need a best of breed tool to manage your inventory like a pro. ” [1]. Automated alerts.

ERP 72

ERP Inventory Reduction Inventory Optimal Sourcing 72

Logistics in War

JUNE 3, 2023

iv] US Defense Procurement and Acquisition, Defense Contingency Contracting Handbook Version 5 (Washington, DC: Government Publishing Office, 2017),94. [v] ix] Molly Dunigan, “The Future of US Military Contracting: Current Trends and Future Implications,” International Journal 69, no. Contractors and War , 13. [iv]

Military 76

Military Logistics Network Optimization Software Operations Logistics 76

FreightWaves SONAR

JANUARY 5, 2021

While descriptive analytics can help carriers understand what happened, knowing when to refuse loads or charge a higher cost can be difficult. Quite simply, it costs money to ship freight and the amount can vary significantly by region, zone, mode and more. Debt and interest payments are not included in these costs.

Cost Reduction 105

Cost Reduction Waste Reduction Expense Reduction Price Reduction 105

SYSPRO Smarter ERP

NOVEMBER 10, 2021

The electronics industry has experienced dramatic changes on the customer and supplier side in the last 18 months – from sudden purchasing changes by customers to shortages of parts and components from suppliers. While some trends have been emerging in recent years , they have speeded up rapidly and are taking industries to a new level.

Manufacturing Procurement 111

Manufacturing Procurement ERP Supply Chain Design Software Supply Chain Planning Software 111

GoShip Blog

NOVEMBER 8, 2022

The rise in e-commerce following the pandemic led to a dramatic increase in return purchases. They include: Wardrobing: This is when a customer purchases an item to use it once and return it later for a full refund. The authority you report the buyer to will depend on the kind of fraud you believe they committed.

How To 52

How To Expense Reduction Procurement Solutions Cost Reduction 52

Locus

DECEMBER 29, 2021

Better technology is also responsible for minimizing costs and error, as well as increasing productivity, thus leading to resilient supply chains. According to a McKinsey report , the technological progress we experience in the next decade will be more than the last 100 years. Getting up to speed. Virtual as the new reality.

Supply Chain Planning Software 52

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

FreightWaves SONAR

APRIL 15, 2021

Aside from the implementation of automated technology and digital tools, one of the most significant shifts in the shipping and transportation industry focuses on reduced emissions. Higher expenses when purchasing new vehicles and equipment to comply with legal regulations and laws.

Material Savings 52

Material Savings Waste Reduction Expense Reduction Resource Reduction 52

EazyStock

JUNE 24, 2020

In this four part blog series we discuss how inventory management teams can use inventory optimization to help deal with the impact of the Coronavirus in the medium and long term, focusing on demand forecasting, supplier management and inventory planning. The era of using spreadsheets to run reports and analyze data is over.

Procurement Solutions 98

Procurement Solutions Inventory Reduction Inventory Supply Chain Planning Software 98

Logistics Bureau

SEPTEMBER 4, 2023

When costs begin to spiral out of control, the result is usually a loss of revenue in proportion to sales. Potential Factors in Declining Margins To get to the root of the problem, understanding the costs of production or purchasing will be a necessary starting point, but typically, more information will be needed.

Negotiating Skills 89

Negotiating Skills Purchasing Skills Cost Reduction Analysis 89

EazyStock

OCTOBER 10, 2018

Processing a large volume of information the main benefit of big data analytics. The real value businesses receive from big data is the ability to analyze data trends in real-time and accordingly extract critical data for management and operations. The value of big data is how quickly patterns and trends can be identified.

Inventory Reduction 45

Inventory Reduction Supply Chain Planning Software Inventory Modeling Software 45

Locus

FEBRUARY 22, 2022

About 30 percent of all orders are returned on purchase. Real-time tracking of orders: Locus’ live visibility tool helps in tracking orders in real-time and providing live status updates to customers, improving supply chain visibility and keeping customers satisfied. . Invespcro Statista Statista Brightpearl. Share and Enjoy !

Optimal Sourcing 52

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

Logistics Viewpoints

DECEMBER 1, 2022

In the study we conducted in 2022 called “ Ecommerce: Is Retailer Fulfillment and Delivery Performance Keeping Up with Sales Growth? ”, convenience was cited as the number one reason consumers bought online and had their goods delivered—and it is consumers’ intention to have more ecommerce purchases delivered to the home.

Cost Reduction 119

Cost Reduction Resource Reduction Supply Chain Planning Software Logistics Network Optimization Software 119

GlobalTranz

AUGUST 11, 2016

Editor's Note: Today is a guest blog from our friend Andy Woodward with Wenzel America, Ltd. In this blog, Andy discusses the health of the manufacturing industry, manufacturing technology orders, and setting benchmarks for company performance. who specializes in innovative metrology & styling solutions.

Manufacturing Procurement 50

Manufacturing Procurement Optimization Software Ordering Procurement Solutions 50

SYSPRO Smarter ERP

MAY 30, 2022

Disruptions like the pandemic, supply shortages, global trade barriers, high customer expectations and inflation all add tremendous pressure on the procurement process. Despite this, only 33% of businesses invested in procurement and sourcing technologies. Using ERP to improve purchasing transparency.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 105

GoShip Blog

DECEMBER 23, 2022

It is for products currently available for purchase but have never been manufactured or sold to customers. The sudden increase in demand can be because of seasonal events like holidays, extreme weather, or social media trends. In fact, there is a chance that the unavailability of said items might be permanent. Pre-order vs backorder.

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Cost Reduction Material Savings 52

3PL Links

APRIL 5, 2024

A smart approach would be to implement an inventory management system based on demand estimates that automatically modify inventory levels depending on changes in market trends and seasonal fluctuations. Use technologies Investing in supply chain technology that provides automation and visibility can improve performance and reduce costs.

Supply Chain Planning Software 48

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

SYSPRO Smarter ERP

MAY 30, 2022

Disruptions like the pandemic, supply shortages, global trade barriers, high customer expectations and inflation all add tremendous pressure on the procurement process. Despite this, only 33% of businesses invested in procurement and sourcing technologies. Using ERP to improve purchasing transparency.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 98

GlobalTranz

JANUARY 26, 2017

However, their use felt some restraint, and most companies used them to track large-scale shipments, such as cargo containers, reports Claire Swedbery of the RFID Journal. AIDC communications reduced workload , making tracking items and using analytics easier than ever. of the WIOMAX SmartIoT Blog.

Supply Chain Software 72

Supply Chain Software Logistics Network Optimization Software Procurement Solutions Supply Chains 72

FreightWaves SONAR

JULY 10, 2023

However, based on first-quarter earnings calls, many companies, including manufacturers, retailers and transportation companies, missed the mark on their forecasts as they struggled to become more agile in adjusting their resources to align with evolving consumer and economic trends. Big-box retailers like Best Buy, Walmart Inc.

Data 52

Data Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 52

WorkWave

SEPTEMBER 23, 2021

Many people are new to online grocery shopping, and getting accustomed to all the options and tools available can make the experience more enjoyable and more accessible than initially expected. Within the framework of your business model, create a working model or strategy of how your company will operate.

Modeling Software 52

Modeling Software Optimization Software How To Procurement Solutions 52

EazyStock

JUNE 11, 2020

Market Trends for the HVAC Industry. What an inventory optimization tool like EazyStock will do is assign seasonal profiles to SKUs based on their demand history. These same HVAC distributors report having large gaps in supply chain visibility which lead to disorganized and inefficient inventory operations.

Procurement Solutions 52

Procurement Solutions Optimal Sourcing Optimization Software Supply Chain Planning Software 52

GoShip Blog

JULY 7, 2022

The growing trend of same-day delivery. As reported by the Bringg Barometer, as of 2022, most retailers (about 99%) intend to offer this service within three years. As more online shoppers have started to purchase same-day delivery, the demand for it has continued to increase. Determine Customer Demand.

Optimal Sourcing 52

Optimal Sourcing Optimization Software eCommerce Tips 52

Ship Monk

AUGUST 30, 2023

According to an ongoing study of 3,036 Shopify stores, the average conversion rate (visits that resulted in purchases) in 2022 was 1.3%. You can also track conversion rates for other actions you want customers to take, such as email signups or social followers, but an ecommerce conversion rate commonly tracks those that result in a purchase.)

eCommerce 52

eCommerce How To Procurement Analytics Purchasing Skills 52