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).

Optimization Software 48

Optimization Software Modeling Software Logistics Network Optimization Software Optimal Sourcing 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. Start honing your marketing skills, and you’ll start raking in customers. . Low overhead costs. Flexible operations. link] .

Purchasing Skills 98

Purchasing Skills Inventory Reduction Price Reduction Sourcing Strategies 98

FreightWaves SONAR

JANUARY 5, 2021

Operational costs continue to increase for carriers year to year. Although many carriers have worked diligently towards reducing operational costs and increasing profit margins, there is still work to do for the top for-hire truckload freight carriers to improve. Operating Ratio.

Cost Reduction 105

Cost Reduction Waste Reduction Expense Reduction Price Reduction 105

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. The misalignment can result in multitude of negative consequences such as high warehousing costs, cash flow difficulties, loss of sales, which can lead to permanent loss of loyal customers.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Analytics Supply Chain Planning Software Procurement Solutions 105

EazyStock

DECEMBER 17, 2019

Intro to 2020 Supply Chain Management Trends. Throughout the last decade, the main trends were digitization and globalization. 2020 supply chain management trends will further these shifts. 2020 supply chain management trends will further these shifts. Greening” the Supply Chain.

Supply Chain Software 81

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 81

3PL Links

MAY 3, 2023

Improving Supply Chain Visibility: The Impact of Data Strategy | Image source: Pixabay A business-contextualized data approach is crucial for boosting supply chain visibility, especially during downturns. Read also: Revolutionizing the Industry: Discover the Top 3 Logistics Trends for 2023! Which tools should we use?

Sourcing Strategies 62

Sourcing Strategies Inventory Reduction Material Savings Cost Reduction 62

Locus

AUGUST 2, 2022

” – Drivers of online purchases in the U.S. Being a retailer, the ultimate question on your mind would be, “How to deliver goods quickly and seamlessly while minimizing costs?”. Some emerging trends around last-mile delivery fulfillment models. ” with “Direct delivery to my home.” 2022, Statista.

Modeling Software 52

Modeling Software Optimization Modeling Modeling Trends 52

EazyStock

AUGUST 21, 2020

However, holding too much can have a number of negative implications, such as high carrying costs , over-investment in stock and poor cash flow. What are the potential cost savings from inventory reduction? Instead, here are five strategic inventory reduction methods that are certain to drive cost savings.

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

FreightWaves SONAR

MARCH 11, 2021

However, added pressures on the industry led Big M Transportation’s leaders to reconsider their current pricing strategy. And that was what kick-started the purchase of SONAR, its implementation and the generation of results during the greatest peak season in history. That demand made greater insight into pricing an absolute necessity.

Price Reduction 52

Price Reduction Purchasing Skills Case Study Transportation 52

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

GlobalTranz

SEPTEMBER 23, 2021

Such congestion naturally leads to bottlenecks in planning drayage and eventual increases in the total cost of shipping, not to mention an added strain on trucking as the bottlenecks grow.? . Increasing fuel costs also play into the available capacity woes.? ? on-highway diesel fuel prices are up $0.898 from the end of August 2020.

Optimal Sourcing 123

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

EazyStock

AUGUST 28, 2023

In this blog, we’ll explore the untapped potential of data-driven inventory management. If that’s your reality, you’ll identify with the leading precision engineering cutting tool distributor, Cutwel. Historical purchasing data, coupled with real-time sales insights, helps businesses predict future demand with greater accuracy.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

SYSPRO Smarter ERP

APRIL 4, 2024

With the recent stress placed upon the supply chain in recent years and the changing political alignment across the globe, we are seeing a trend for supply to be bought closer to home which has resulted in Australian MTO manufacturers attracting significant capital input and flourishing.

Manufacturing Procurement 52

Manufacturing Procurement ERP Supply Chain Planning Software Ordering 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?

Supply Chain Planning Software 91

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

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

SYSPRO Smarter ERP

MAY 10, 2022

In addition, demand forecasting has to be accurate and costs have to be managed. Cost management: Accurate costing is key to the profitability of ATO. By using business analytics tools in the forecasting process, the quality of forecasts can be assessed and trends analyzed.

Manufacturing Procurement 111

Manufacturing Procurement ERP Procurement Solutions Optimal Sourcing 111

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

JANUARY 20, 2022

Reduction in purchases of non-essential items, reduced travel expenditure and an increased focus on home and self care are examples of this change. Even before the pandemic, the self care industry was booming, making health and wellness consistently popular trends among people of all ages in the United States. Sources: 1.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Modeling Software Optimization Software Procurement Solutions 52

3PL Links

APRIL 5, 2024

Image source: Shipbob | Top 10 Practical Supply Chain Management Tips for Businesses Effective supply chain management becomes an increasingly important sector full of strategic opportunities and difficulties in an increasingly dynamic and complicated network.

Supply Chain Planning Software 48

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

SYSPRO Smarter ERP

NOVEMBER 1, 2021

We live in a time where we can purchase almost anything with a click of a button. In a SYSPRO-led research study 37% of businesses agreed that their business systems lacked those basic planning tools that could adjust to day-to-day changes in the environment. Transitioning to B2B e-Commerce. Maintaining competitive advantage.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Inventory Reduction 111

GlobalTranz

FEBRUARY 16, 2016

This is the first of a two-part series where I will curate and cull information from my 4 decades of experience in logistics cost reduction at various positions in the supply chain. In this first part, I will focus on 6 places that you can apply to your organization to reduce costs and increase profit. Focus on Labor Costs.

Cost Reduction 65

Cost Reduction Inventory Reduction Vendor Strategies Material Savings 65

Blue Grace Logistics

JULY 27, 2021

What this blog is about: Leveraging predictive analytics for forecasting and visibility. The drivers for growth are not simple factors like the price or quality of a product. Customer expectations and the buying capacity of the purchaser coupled with the cost of substitutes or complementary goods also play an important role.

Procurement Analytics 62

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

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

FreightWaves SONAR

JUNE 1, 2023

In taking the opportunity to make strategic investments in digital supply chain tools during a market downcycle, when capacity is loose, freight costs are low and customer demand looks shaky, Walmart was bucking the trend among large shippers. More accurately, Walmart was once again ahead of the curve.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Negotiating Skills Supply Chains 52

GlobalTranz

JULY 12, 2016

A Director of Operations, Warehouse Director or Manager, or even the Director of Supply Chain or Logistics, are always in the pursuit of continuous improvement as well as warehouse cost savings in both time and money. 5 Key Areas to Focus on in the Pursuit of Warehouse Cost Savings. Returns cost more than orders to process.

Material Savings 73

Material Savings Cost Reduction Optimal Sourcing Inventory Reduction 73

EazyStock

NOVEMBER 17, 2022

This year, purchasing teams are also facing continued challenges due to global supply chain and logistics pressures, component shortages, and soaring prices for electricity and fuel. The key is to keep track of your inventory planning and purchasing processes. Successful sales during this period come down to many factors.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Procurement Solutions Purchasing Skills 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. Promotion management If you have upcoming promotions, price changes or other internal data that could impact demand, ensure you get this from sales and marketing teams.

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. If you have upcoming promotions, price changes or other internal data that could impact demand, ensure you get this from sales and marketing teams. Promotion management. Demand sensing.

Supply Chain Planning Software 52

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

Locus

AUGUST 2, 2022

As a result, expectations around delivery times and the post-purchase experience have risen significantly. Last-mile logistics is the most expensive leg of the fulfillment cycle, as it accounts for 53% of total shipping costs. Locus Listed as Representative Vendor in 2022 Gartner® Market Guide for Supply Chain Network Design Tools.

Gartner 52

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

Logistics Viewpoints

DECEMBER 1, 2022

The only bright note is that shipping costs will be a fraction of what they were over the last several years. Source: Descartes Datamyne. 2023 call: Consumers will focus on home delivery performance and retailers will focus on home delivery cost reduction or recovery. Figure 1: U.S.

Cost Reduction 119

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

GoShip Blog

FEBRUARY 7, 2023

Adopting a solid marketing strategy is imperative for the following reasons: It informs product development and pricing: An effective marketing strategy informs your product development process as it helps you decipher the specific needs of your target audience and the most suitable solutions to these needs.

Waste Reduction 52

Waste Reduction Price Reduction Resource Reduction Expense Reduction 52

FreightWaves SONAR

DECEMBER 15, 2020

Carriers and transportation experts are always looking for ways to cut costs and maximize spending. A freight spend analysis can help cut those extra costs. By doing so, carriers and experts pinpoint logistics cost contributors. Performing a freight spend analysis reveals extra costs deriving from unforeseen issues.

Analysis 59

Analysis Procurement Analytics Optimization Software Optimal Sourcing 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. The objective of stock optimization is to have the right products in the right place at the right time – as efficiently and cost-effectively as possible. Know your star products!

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

FW Logsitcs

OCTOBER 11, 2019

And we don’t expect this trend to slow down any time soon considering that more and more people are purchasing goods on the internet each day. This blog discusses the latest innovations logistics professionals will likely face in 2020. . New Fulfillment Center Trends . Lower Shipping Costs .

Supply Chain Software 49

Supply Chain Software Logistics Network Optimization Software Modeling Software Purchasing Skills 49

FreightWaves SONAR

MARCH 15, 2021

Read on to learn what is SONAR SCI’s Lane Acuity Plus, what it tells subscribers who have purchased SONAR SCI, and how the application aids freight market participants by gaining deeper lane by lane insights around freight shipping. . Paying below-market rates in highly volatile lanes could lead to additional costs. .

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

EazyStock

JUNE 24, 2020

Common challenges include unpredictable customer behavior, unreliable inventory supplies, rising logistical costs and internal capacity constraints. Taking all these variables into account, reorder points and quantities are set, and a daily list of recommended orders is produced to feed back into your ERP to create purchase orders.

Procurement Solutions 98

Procurement Solutions Inventory Reduction Inventory Supply Chain Planning Software 98

GoShip Blog

JULY 7, 2022

The growing trend of same-day delivery. As more online shoppers have started to purchase same-day delivery, the demand for it has continued to increase. Customers purchase from different channels in your business, making a distributed order management system critical. Don’t Be Afraid of Price Hikes.

Optimal Sourcing 52

Optimal Sourcing Optimization Software eCommerce Tips 52