GoShip Blog

FEBRUARY 7, 2023

Over the years, marketing strategies have evolved with the times, the advent of technology, and changes in consumer behavior. Why a Solid Marketing Strategy is Important A marketing strategy refers to a business’s action plan for achieving its short and long-term goals and developing a sustainable competitive advantage.

Waste Reduction 52

Waste Reduction Price Reduction Resource Reduction Expense Reduction 52

FreightWaves SONAR

MARCH 15, 2021

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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Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

WorkWave

NOVEMBER 6, 2023

In this blog post, we will delve into the intricacies of order management, the role of an Order Management System (OMS), what happens after checkout and how to master your order management strategy with the help of cutting-edge order management systems and order management software. What Is Order Management?

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Inventory Reduction Price Reduction Cost Reduction Ordering 52

GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. The State of Supply Chain 2016 Trends. Procurement’s Role Did Become More Important. Unfortunately, there continue to be major costs associated with procurement.

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Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 65

SYSPRO Smarter ERP

OCTOBER 6, 2021

The common themes around manufacturing trends point to these changes. As I explained in a previous blog , this is a business model where manufacturers have ongoing responsibility for the equipment after it is sold. Customers pay for the use of equipment through recurring operating charges rather than purchasing outright.

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

Locus

SEPTEMBER 27, 2022

In this fourth episode, “ Southeast Asia’s E-commerce: Winning the Next Wave of Shoppers ,” the panelists did a deep-dive on e-commerce trends in the SEA region, last-mile fulfillment challenges for Bukalapak in SEA, and how technology helped them counter them. Watch the Webinar. Rise in e-commerce users and volume.

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Supply Chain Planning Software Procurement Solutions Modeling Software Optimization Software 52

SYSPRO Smarter ERP

NOVEMBER 1, 2021

Industries are facing the need to plan new strategies and invest more in technology to gain a stronger foothold. Here is a list of challenges and solutions for manufacturers to remain resilient and maintain growth momentum. We live in a time where we can purchase almost anything with a click of a button.

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Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Inventory Reduction 111

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. Top 6 Supply chain Trends to Expect This 2021 Holiday Season for Businesses.

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Supply Chain Planning Software Supply Chain Software Supply Chains Trends 52

EazyStock

AUGUST 21, 2020

There are many financial benefits to introducing stock reduction strategies – in particular focusing on your excess and obsolete items. We’ve written numerous blog posts on ways to reduce excess and obsolete inventory and lower inventory carrying costs. In each of these cases, inventory optimization software can help.

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Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

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?

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

SYSPRO Smarter ERP

AUGUST 2, 2023

Challenge Two: Accurately manage design process By integrating the ERP system with computer-aided design (CAD) software, redundant data entry is eliminated, ensuring real-time integration and data accuracy throughout the design process.

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Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 98

EazyStock

APRIL 18, 2023

Our eGuide, Supply chain and logistics management trends for 2023 , looks at potential issues facing supply chain managers this year and how to respond. In this blog, we focus on how supply chain and inventory management professionals can mitigate the impact of high inflation and interest rates. More expensive borrowing. Demand falls.

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Supply Chain Planning Software Supply Chain Software Inventory Reduction Optimal Sourcing 52

GlobalTranz

FEBRUARY 13, 2017

Fortunately, your organization can get ahead of the learning curve by knowing what trends in logistics to watch for this year. The Top 6 Trends in Logistics Impacting Shippers in 2016. According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025.

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Resource Reduction Trends Inventory Reduction Material Savings 82

Transporeon

FEBRUARY 12, 2019

And just in time: We’ve seen some interesting bidding trends over the last year or so, especially in the domestic trucking industry, where: 2017-2018’s lack of trucking capacity—a large part of shippers’ bidding activity—meant shippers went to bid not only earlier, but in much greater volume than previous years (a 15% YOY increase in 2018).

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Optimization Software Modeling Software Logistics Network Optimization Software Optimal Sourcing 48

Transporeon

FEBRUARY 12, 2019

And just in time: We’ve seen some interesting bidding trends over the last year or so, especially in the domestic trucking industry, where: 2017-2018’s lack of trucking capacity—a large part of shippers’ bidding activity—meant shippers went to bid not only earlier, but in much greater volume than previous years (a 15% YOY increase in 2018).

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Optimization Software Modeling Software Logistics Network Optimization Software Optimal Sourcing 48

Locus

DECEMBER 22, 2021

Enterprises that did not adapt to new trends faced the brunt of COVID-19 pandemic. This was majorly due to their inability to understand and adapt to the changing logistics trends. Welcome to 2022: Top 10 Supply chain logistics trends to watch out for 2022. Global Last Mile Delivery Software Market was valued at USD 5.38

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

EazyStock

OCTOBER 31, 2022

Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. 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. What is demand planning?

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

EazyStock

OCTOBER 31, 2022

Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. 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. What is demand planning?

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

GoShip Blog

MARCH 7, 2023

It helps you identify the inefficient aspects of your business processes and decipher the best strategies to refine them. Encourage customers to provide reviews of your business According to PowerReviews , about 95% of consumers read reviews before making any purchasing decision.

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Tips Logistics Network Optimization Software Procurement Solutions Waste Reduction 52

Locus

OCTOBER 27, 2023

Let’s find out the three key strategies for brands to enable last-mile excellence during this Diwali season! Visibility: Fueling Unparalleled Customer Experiences Recent findings from the Qualtrics 2023 Global Consumer Trends Report offer a jolting insight: Indian enterprises could potentially lose out on 17.3%

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Optimization Software Logistics Network Optimization Software Cost Reduction Expense Reduction 59

EazyStock

OCTOBER 20, 2020

There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. Read our blog on demand forecasting accuracy for more details. Trends: Product demand is influenced by fashion, technology, social, economic and legal factors. Know your star products!

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Inventory Reduction Optimization Software Optimization Modeling Inventory 98

Blue Grace Logistics

JULY 27, 2021

We explore how predictive analytics and big data with human sentiments can add value and amplify their supply chain strategies. What this blog is about: Leveraging predictive analytics for forecasting and visibility. Brand identity, interactive marketing campaigns and differential lifestyles complicate a perfect trend analysis model.

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Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

3PL Links

APRIL 5, 2024

When implemented properly, this strategy improves customer satisfaction, lowers expenses, and strengthens the company’s position in the market. It goes beyond simply being an operational strategy. This is one of the logistics strategies that needs to be reinforced the most going forward.

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

Ship Monk

SEPTEMBER 14, 2022

By value , we mean how much that inventory cost to make or purchase, plus how much it’s costing you to store it. Ending Inventory + COGS – Purchases = Beginning Inventory. Beginning Inventory + Purchases – COGS = Ending Inventory. Beginning Inventory + Purchases – COGS = Ending Inventory. Calculating Inventory Costs.

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Inventory Reduction Inventory Purchasing Skills Manufacturing Procurement 78

Locus

APRIL 6, 2023

Taking place in Orlando, Florida from May 8-10, the symposium is the ultimate destination for anyone seeking to stay abreast of the latest trends, technologies, and strategies in the supply chain industry. Every business is unique, and our specialists will take the time to understand your needs and provide customized solutions.

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Gartner Supply Chain Software Supply Chains Cost Reduction 52

3PL Links

FEBRUARY 14, 2024

In light of this, we discuss some of the major forthcoming trends in this piece, and—above all—we show you how businesses may take advantage of these trends to secure a healthy and profitable future. Effective logistics planning is becoming more than simply a strategy; in 2024, it will be essential to a company’s success.

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Supply Chain Planning Software Scenario Planning Optimal Sourcing Sourcing Strategies 48

GoShip Blog

JULY 1, 2021

By helping potential customers find, review, and purchase the right product with marketing strategies, dropshippers will mark up the price of products offered by third-party suppliers. Dropshipping businesses can easily ride the wave of viral and trending products. Pros and Cons of Dropshipping. Low overhead costs.

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Purchasing Skills Inventory Reduction Price Reduction Sourcing Strategies 98

Logistics Bureau

SEPTEMBER 4, 2023

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. Some customers are very good at finding loopholes to reduce their purchasing costs.

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Negotiating Skills Purchasing Skills Cost Reduction Analysis 89

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. Hurricane season causes an influx of demand for flatbed.

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

Logistics Viewpoints

DECEMBER 15, 2022

This blog will review how category managers and supply planners can use cluster analysis to make smarter decisions and grow sales. ABC analysis creates product segments by grouping products with similar sales volume or purchase frequency to enable category managers to focus on what matters most. The retail industry is rich with data.

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Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 116

GlobalTranz

JANUARY 26, 2017

Over the last year, huge strides were made in machine-to-machine connectivity, as foreseen by our predictions, ranging from the greater use of automated identification and data capture (AIDC) and stronger resolve for more omnichannel logistics solutions. However, AIDC tools are making analytics in the supply chain an affordable reality.

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

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!” While your ERP may keep track of your inventory, EazyStock makes sure that you have the optimal inventory in stock, automates procurement and saves you time and money.

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Logistics Viewpoints

DECEMBER 1, 2022

Theme 2: Online buying will fuel home delivery growth, challenges and new strategies. The abundance of data in supply chains and logistics operations has made machine learning a well-recognized and powerful tool for putting meaning to that data and making more accurate predictions of outcomes. Figure 1: U.S. Source: Descartes Datamyne.

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

EazyStock

JUNE 16, 2022

AI can adapt in near-real-time to changing conditions and develop new knowledge by processing more data and revealing more patterns and trends than humans can. It uses algorithms, software, or systems to learn and adjust without specific programming. Inventory optimization software. What is machine learning?

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Supply Chain Software Optimization Software Supply Chains Inventory Reduction 52

Locus

JUNE 16, 2023

Say you purchase your coveted gadget online, eagerly tracking its journey from warehouse to your welcoming hands. A recent analysis by the American Trucking Associations (ATA) indicates that if existing trends persist, we could see a potential driver shortage reaching up to 175,000 by 2024.

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Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

Locus

MARCH 28, 2022

The brand provides buyers with a hi-tech omnichannel experience through its in-store implication of RFID, which also creates a smooth purchasing experience. Community marketing enables shoppers to enlist others’ help in making purchase decisions. This type of retail practice can stimulate consumers’ purchasing senses.

Cost Reduction 52

Cost Reduction Supply Chain Planning Software Inventory Reduction Price Reduction 52

EazyStock

JUNE 23, 2022

All successful businesses use data to develop strategies and review their outcomes. Large amounts of unstructured and structured information that can’t be processed using traditional techniques and software because of its size is called big data. Big data is used to understand trends and patterns in behavior. What is big data?

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