Ship Monk

APRIL 5, 2024

The fact is, most business owners think of procurement as nothing more than a transactional relationship. The process involves collecting quantitative and qualitative data concerning vendor-provided goods and services, and analyzing this data for opportunities to improve (or reasons to end) the relationship. If so, good on you!

Negotiate Pricing 85

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 85

Logistics Bureau

APRIL 4, 2022

The answer is to benchmark your freight, of course. At Logistics Bureau, we capture, analyse, and exploit freight benchmarking data to help us when we provide freight contract negotiation services for our clients. Alternatively, you can procure access to a digital freight benchmarking platform.

Negotiating Skills 82

Negotiating Skills Purchasing Skills Logistics Network Optimization Software Supply Chain Planning Software 82

FLS Transport

FEBRUARY 10, 2021

Data shows contract rates up 12% year over year. The hottest stories in freight can be found here, in the Weekly Freight Report: 1. Of course, there’s a massive need for more capacity right now and that’s largely what’s driving the purchases. Trying to time the market exhausts shippers.

Procurement Analytics 98

Procurement Analytics Freight Purchasing Skills Trucking 98

GlobalTranz

MAY 27, 2015

How Can USMTO Reports Help Drive Manufacturing Sales and your Bottom Line? The United States Manufacturing Technology Orders (USMTO) data report is compiled monthly by the Association for Manufacturing Technology (AMT). What is the USMTO Data Report? Why Wenzel America Uses the USMTO Data Reports.

Manufacturing Procurement 94

Manufacturing Procurement Procurement Analytics Data Modeling Software 94

Logistics Viewpoints

MAY 19, 2022

Analytical techniques like linear programming can create the mathematically “optimal” plan, but these methods must be implemented well to avoid creating other challenges. Fusing analytical approaches improves the math behind optimization, but to avoid highly-efficient silos it should be paired with concurrent planning.

Optimal Sourcing 137

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 137

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. Of course, the human controlling capacity for actual AI is still far from realistic, but the concept of a superior AI did make strides this year. Artificial Intelligence.

Manufacturing Procurement 65

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 65

Logistics Business Magazine

MARCH 17, 2022

In this piece, supply chain expert Laurent Colombant, Continuous Monitoring Solution Lead EMEA, at SAS , outlines how supply chain analytics will drive transformation as organisations strike the balance between continuity and survival on one hand, and risk management and fighting fraud on the other. Manual detection is futile. IT migration.

Supply Chain Software 59

Supply Chain Software Supply Chains Procurement Analytics Procurement Solutions 59

Ship Monk

DECEMBER 15, 2023

billion, according to Adobe Analytics , up 7.5% Will consumers be reluctant to use credit cards for holiday purchases? For the first time, mobile purchases have overtaken desktop purchases. Shopify reports that sales were up 24% compared to last year, with 61 million consumers shopping globally this year.

Purchasing Skills 64

Purchasing Skills Material Savings Supply Chain Planning Software Procurement Analytics 64

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Why Choose a Job in the Supply Chain Industry?

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

Freightos

SEPTEMBER 4, 2017

Peak Season, GRIs, and Data Transparency. But with freight rates becoming more accessible, shouldn’t we be moving away from speculation and towards providing analytic responses? But with freight rates becoming more accessible, shouldn’t we be moving away from speculation and towards providing analytic responses? By Noam Frankel.

Data 48

Data Procurement Analytics Purchasing Skills After-sales 48

Logistics Viewpoints

MARCH 20, 2023

This January the company reported that its annual recurring revenue grew at over 84% year-over-year. Data is stored just like you might sketch ideas on a whiteboard. Those insights are driven from data connections across the vast amounts of data these companies have access to. billion after a funding round.

Supply Chain Planning Software 125

Supply Chain Planning Software Modeling Software Procurement Solutions Supply Chain Software 125

GlobalTranz

NOVEMBER 18, 2016

Big data applications are already impacting supply chain entities around the globe, but some of its most interesting possibilities may have yet to be realized. However, the current progression of big data does give rise to some very tangible benefits to your company within the next five years. 6 Benefits to Using Big Data Applications.

Supply Chain Planning Software 89

Supply Chain Planning Software Data Material Savings Manufacturing Procurement 89

Logistics Bureau

OCTOBER 20, 2021

You see, the set of primary data needed to keep an airliner aloft is (apparently) relatively simple—and the same is true of running a supply chain organisation. These key metrics become your organisation’s “multi-function display” and give you the primary data needed to monitor and manage “normal flight conditions.”

Supply Chain Design Software 96

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

GlobalTranz

MAY 20, 2015

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). Cost of quality. The definition of this metric is similar to the way it sounds.

Procurement Analytics 99

Procurement Analytics Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 99

GlobalTranz

FEBRUARY 23, 2018

If a consumer wants to view a product on a smart device while in-store, they are 20-percent more likely to complete the purchase. It is the standard way consumers interact with retailers, so companies must turn their attention to how they can convert shoppers into final purchases. It is just shopping. Omnichannel is shopping.

Course 65

Course Supply Chain Planning Software Supply Chain Design Software Inventory Reduction 65

The Logistics Academy

OCTOBER 18, 2017

As global supply chains become more complex and customers more demanding, the race is on to develop software applications that can effectively manage and make sense of the zettabytes of data being generated by our digital world. Of course, capturing the data and then using it to make good decisions are two entirely different things.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 40

FreightWaves SONAR

MARCH 4, 2021

Yes, the need for shipping demand analytics is not new and was echoed in 2013 by Industry Week , “Relying on traditional supply chain execution systems is becoming increasingly more difficult, with a mix of global operating systems, pricing pressures and ever-increasing customer expectations. That’s where data analytics comes in.”

Price Reduction 97

Price Reduction Cost Reduction Expense Reduction Waste Reduction 97

Logistics Business Magazine

APRIL 24, 2019

“For example, AI can enhance risk mitigation by analysing large sets of data, continuously identifying evolving patterns, and predicting disruptive events along with potential resolutions.”. Advanced Analytics. Advanced analytics are not new, but their impact on today’s supply chains are significant,” said Mr Titze. “We

Supply Chain Planning Software 32

Supply Chain Planning Software Supply Chain Software Supply Chain Technology Logistics Network Optimization Software 32

Logistics Viewpoints

AUGUST 11, 2023

It’s taking semiconductor firms more than twice as long as their peers in other industries to hire personnel such as technicians or mechanical engineers, with the typical process stretching to about three months, according to an analysis of the top 50 chip producers in the US by Revelio Labs, a labor-market data analyst. FedEx, the U.S.

Negotiating Skills 108

Negotiating Skills Logistics Network Optimization Software Purchasing Skills Material Savings 108

Ship Monk

MARCH 30, 2024

In a nutshell, ShipMonk’s proprietary 3PL software offers you mastery of: Order Management Inventory Management Warehouse Management Fulfillment Automation Market Integrations All Order Data (Real-time and Historical) Add to that, when using ShipMonk 3PL software, you’ll always have complete transparency and access to customer support.

3PL 87

3PL Supply Chain Design Software Optimization Software Supply Chain Software 87

Logistics Bureau

SEPTEMBER 4, 2023

And, of course, I will also share how knowing your cost-to-serve will help you to solve those all-too-familiar performance gremlins. If your business is experiencing a persistent reduction in profit margins, analysing your cost to serve is an advisable step in diagnosing the causes. Are Your Profit Margins Declining?

Negotiating Skills 89

Negotiating Skills Purchasing Skills Cost Reduction Analysis 89

Ship Monk

FEBRUARY 3, 2024

These people are genuinely interested in your product — so much so, that they have purchased your products. Once the recipient clicks/taps through the email, tracking is handed off to another tool, such as Google Analytics. Of course, what you say is just as important as how you say it.

eCommerce 84

eCommerce Tips Procurement Solutions Logistics Network Optimization Software 84

SYSPRO Smarter ERP

NOVEMBER 3, 2021

can be measured to define this metric. Manufacturing Cycle Time : This metric is most accurately obtained using real-time monitoring with a Manufacturing Execution System (MES). Freight bill accuracy : Whether shipping from factory to warehouse, or to the customer, this metric helps identify problems in billing operations.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 105

Freightos

JULY 26, 2018

Amazon is at the nexus of ecommerce, data, and logistics, with a drive to constantly improve their logistics network. According to their 2017 annual report, over a quarter of Amazon’s third-party sales (which represent half of Amazon’s sales) are cross-border. And the career data below spells out a strong ocean slant.

Logistics Network Optimization Software 53

Logistics Network Optimization Software Data Supply Chain Planning Software Manufacturing Procurement 53

WorkWave

AUGUST 31, 2021

High Shipping Costs. Of course, customers prefer low shipping costs, but the charges have to be covered. Along with two-day shipping, Amazon uses advanced analytics to refine AS. If possible, the best way to avoid location issues is to procure multiple warehouses in targeted locations to best serve your consumer base.

Optimization Software 52

Optimization Software Procurement Solutions Logistics Network Optimization Software Negotiating Skills 52

Logistics Viewpoints

MAY 25, 2022

Of course, change is always occurring. The ability for a consumer to buy an item online, then come into the store and add to that transaction or to exchange the online purchase at the store. They are taking data from WMS and using it more effectively for the yard. “Assemble Agents of Change” was the theme of the conference.

Conference 105

Conference Supply Chain Planning Software Optimization Software Scenario Planning 105

Freightos

MARCH 23, 2016

Here at Freightos, we’re big fans of making global logistics work better by bringing data online (and especially instant freight quotes!). And, like many other logistics startups , we’re particularly enthusiastic about how Big Data can change the way goods are moved around the world. Getting Smart With Logistics Big Data.

Data 48

Data Logistics Network Optimization Software Supply Chain Software Modeling Software 48

Blue Grace Logistics

JULY 21, 2020

It’s about understanding why key stakeholders which should include, vendors, purchasing, customer service, sales, are making the decisions that they do and how those decisions affect your supply chain. The data and analytics gathered during the measure phase is instrumental to a proper understanding of your operations.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Cost Reduction Supply Chain Software 62

Ship Monk

OCTOBER 10, 2023

That means consumers need to really do the research when making online purchase decisions, otherwise the risk for returns is strong. 1 Study the Data It’s no happy accident that ShipMonk was adamant about including complete, real-time transparent data in the 3PL software our fulfillment services stem from. Glass slippers.

Procurement Solutions 64

Procurement Solutions Logistics Network Optimization Software Optimization Software eCommerce 64

Logistics in War

JUNE 3, 2023

This limits their capacity to protect data, information, supplies, personnel, and equipment from adverse action. [xv] Sally Williamson is a serving Australian Army logistics officer and Art of War Scholar currently attending the United States Command and General Staff Officer Course. Contractors and War , 13. [iv] Dibble, Charles L.

Military 76

Military Logistics Network Optimization Software Operations Logistics 76

GlobalTranz

AUGUST 1, 2018

Intermediaries may include financial experts, data analysts, freight auditors, and more. In general, today’s supply chain executives and managers continue using outdated, manual data entry processes, which will increase risk. An Introduction to Blockchain and Its Potential Benefits and Drawbacks in Supply Chain Management.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 48

Logistics Viewpoints

MARCH 1, 2021

It was predictable. But in 2016, Philip Morris International decided to change the course of its history by leading a transformation in the tobacco industry to create a smoke-free future based on products, which while not risk-free—are a better choice for adult smokers than continuing to smoke. PMI was not an easy prospect.

Supply Chain Design Software 107

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 107

Logistics Viewpoints

FEBRUARY 8, 2022

As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. In more complex situations, they gather the right data and the right decision makers in a “war room” environment where various resolution scenarios can be explored and initiated.

Optimal Sourcing 112

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 112

GlobalTranz

JANUARY 22, 2019

Technology allows shippers to work smarter, faster and with fewer human resources, and new technologies, such as drones and augmented reality, are continuing the process, reports Victoria Kickham of Logistics Brief. Dropshipping refers to manufacturers sending products directly, but products are purchased through a third-party.

Logistics Network Optimization Software 72

Logistics Network Optimization Software Trends Supply Chain Software Procurement Solutions 72

Logistics Business Magazine

DECEMBER 1, 2022

Mike Bhaskaran, Group COO of Digital Technology at DP World , shares his predictions on technology innovations that will impact the supply chain logistics industry in 2023. Fixing global supply chains requires trust and transparency; digital technologies and platforms deliver this through the ability and opportunity to share real-time data.

Supply Chain Software 81

Supply Chain Software Supply Chains Tracking and Tracing Logistics Network Optimization Software 81

GlobalTranz

FEBRUARY 25, 2021

Customers expect to return products in the same way they purchased them, so it is not always as simple as just returning to a store. Besides, failure of managing return logistics of such things may lead to an increased risk of exposing personal or company data.

Reverse logistics 84

Reverse logistics Inventory Reduction Cost Reduction Material Savings 84

Infosys Supply Chain Management

JULY 26, 2013

Sourcing & Procurement. Cloud & Big Data. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. « Collaborative Platform for Enterprise of Future | Main | Key Asset Management trends in Oil & Gas Industry » Importance of Proactive Master Data Maintenance in SAP SCM Support.

Supply Chain Planning Software 29

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 29