WorkWave

SEPTEMBER 14, 2022

While some business ventures require entrepreneurs to have advanced degrees or a large amount of capital to cover startup costs, that is not always the case. Bookkeepers work to provide current financial data for businesses. If you are bilingual, you already have a valuable skill. Bookkeeping. Event Planning.

Purchasing Skills 52

Purchasing Skills Cost Reduction Optimization Software Procurement Solutions 52

Logistics Bureau

NOVEMBER 16, 2020

For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. The main lack of talent is in middle management, especially in big data analytics and supply chain planning, where the shortage is around 54%. Getting Started in Supply Chain.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 116

FreightWaves SONAR

SEPTEMBER 20, 2021

There is a scene in Curb Your Enthusiasm where Larry David, who had never before purchased illegal drugs, asks a dealer, “Is that a fair price you’re quoting me?” Without adequate data and information on the freight market, shippers can find themselves in the same disadvantageous position as Mr. David.

White Paper 98

White Paper Negotiating Skills Purchasing Skills Freight 98

FreightWaves SONAR

MARCH 4, 2021

Truckload freight and transportation costs make up a large part of most logistical spending for shipping companies across the country. With surges in fuel costs and new fees, taxes and expenses levied on every load, budgeting needs only continue to increase. That’s where data analytics comes in.” Download the White Paper.

Price Reduction 97

Price Reduction Cost Reduction Expense Reduction Waste Reduction 97

Ship Monk

DECEMBER 15, 2023

Will consumers be reluctant to use credit cards for holiday purchases? What We Learned So Far With the numbers in, we gathered findings from multiple sources to suss out the shiniest nuggets of wisdom. For the first time, mobile purchases have overtaken desktop purchases. Which items were frequently purchased together?

Purchasing Skills 64

Purchasing Skills Material Savings Supply Chain Planning Software Procurement Analytics 64

Freightos

JANUARY 12, 2017

In general numbers, air freight is usually 5X the price of trucking and 16X the price of ocean freight, according to the World Bank. Cost – Simply put, air freight comes with a hefty price tag. CO2 emissions – Of course, air freight also leads to far more emissions. Why Not to Ship Cargo by Air?

Purchasing Skills 48

Purchasing Skills Price Reduction Cost Reduction Trends 48

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. percent to $65.5

Negotiating Skills 110

Negotiating Skills Logistics Network Optimization Software Purchasing Skills Material Savings 110

FreightWaves SONAR

JUNE 7, 2023

Retailers, manufacturers and suppliers have saved a lot of money on transportation costs in 2023 compared to the years before, but other parts of their organizations are facing persistent inflationary pressures on everything from energy and labor to cattle futures and the cost of money itself. Let’s look at some data.

Inventory Reduction 52

Inventory Reduction Cost Reduction Optimal Sourcing Price Reduction 52

Logistics Viewpoints

MARCH 1, 2021

. – explained that when conducting manufacturing volume forecasts for budget purposes, the company would look at demand, production capacity, product specifications, seasonality, asset location, costs/duties and new product introduction amongst other criteria to satisfy regional volume demands. It was predictable.

Supply Chain Design Software 108

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 108

3PL Links

APRIL 23, 2024

Image source: Biz Epic | Top 8 Applications of Artificial Intelligence in The Supply Chain Innovation in technology has completely changed the supply chain. As a result, the costs related to the core procedure in the supply chain are decreased. Demand forecast The entire supply chain is propelled by demand.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 48

Freightos

SEPTEMBER 4, 2017

Peak Season, GRIs, and Data Transparency. Since early July, peak season pricing speculations have been rife. That’s why I recently dove into millions of Freightos Index data points. Take a look at the data. The chart above shows this year’s price increases on China-US lanes. By Noam Frankel. On average, 9.0

Data 48

Data Procurement Analytics Purchasing Skills After-sales 48

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

Logistics Viewpoints

MARCH 20, 2023

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. Planners in China rely on different data sources and operate with different business practices than those in North America.

Supply Chain Planning Software 128

Supply Chain Planning Software Modeling Software Procurement Solutions Supply Chain Software 128

Blue Grace Logistics

JULY 21, 2020

Understand where cargo can be consolidated to increase cost savings. Measure carrier cost structures to maximize efficiencies and lower costs. The data and analytics gathered during the measure phase is instrumental to a proper understanding of your operations. Enhanced control over shipment scheduling.

Optimal Sourcing 62

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

ShipLilly

JUNE 28, 2021

The rate of return for products, otherwise known as reverse logistics, can be mitigated when suppliers work to improve the speed, cost, and efficiency of shipping goods. Thankfully some strategies can be used to mitigate the cost. This is a fiscally sound strategy that cuts down on reverse logistics costs for organizations.

Vendor Strategies 98

Vendor Strategies Cost Reduction Expense Reduction Inventory Reduction 98

SYSPRO Smarter ERP

JANUARY 22, 2024

The difference of course is that business processes are more integrated and the Internet has enabled companies to become connected, both within the organization and between business partners. Challenges of MRP MRP relies on data accuracy. are digitizing the purchase process. MRP in era of 4IR With the evolution of Industry 4.0,

MRP 52

MRP Manufacturing Procurement Optimal Sourcing ERP 52

GlobalTranz

MAY 27, 2015

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? The full data set is reported by eligible equipment builders and distributors and is provided to all participants in the program at no cost.

Manufacturing Procurement 94

Manufacturing Procurement Procurement Analytics Data Modeling Software 94

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 84

3PL Supply Chain Design Software Optimization Software Supply Chain Software 84

Material Handling and Logistics

OCTOBER 30, 2018

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. In a recent Forrester study, they found the problem to be poor quality data. Master Innovation.

Optimal Sourcing 166

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 166

United World Transporation

NOVEMBER 17, 2022

However, being a trucker operator isn’t easy because it demands immense dedication, skill, and money. In any case, the point of purchasing a used truck under warranty is that you’ll pay far less upfront. Of course, used trucks may come with their own set of problems. Take Your Health Seriously.

Purchasing Skills 52

Purchasing Skills Operations Procurement Solutions Expense Reduction 52

GlobalTranz

FEBRUARY 12, 2018

On this position, you’d be managing all activities for purchasing raw materials, delivering them to the right point across the organization, making sure the organization is producing enough supply to meet the demand of the audience, and deliver the product to the right place at the right time. Impressive Communication Skills.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Negotiating Skills Supply Chains 70

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

Blue Grace Logistics

JULY 27, 2021

Improving predictability in outcomes is valuable, but ensuring your supply chain is nimble enough to act on the data is even more so. We explore how predictive analytics and big data with human sentiments can add value and amplify their supply chain strategies. The presence of data throughout the supply chain is vital to its evolution.

Procurement Analytics 62

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

LandLink

JANUARY 15, 2020

Retailers are offering the most aggressive return policies in history but at what cost. alone, Statista estimates return deliveries will cost $550 billion by 2020, 75.2% Nailing down exact numbers on return rates is notoriously difficult, but compiled data from separate sources paints a bleak portrait, especially for online retailers.

Purchasing Skills 63

Purchasing Skills Expense Reduction Procurement Analytics Cost Reduction 63

ShipLilly

FEBRUARY 8, 2023

Saving on costs whilst improving business efficiency Although the principles of “just-in-time” management are highly recommended for pressurized supply chains, it is increasingly difficult to fully implement them. Moreover, the industry was dealing with rising prices and a global economic situation that was far from stable.

Inventory Reduction 52

Inventory Reduction Inventory Handling Price Reduction 52

Logistics Bureau

AUGUST 7, 2023

Standardise and Digitise The key to managing complexity, of course, is to be organised. Inventory Availability and Cost: Striking a Balance It’s rarely a good idea to think too lean in ecommerce inventory management. So what can you do to ensure your inventory management meets the challenge of multichannel sales?

Inventory Reduction 91

Inventory Reduction eCommerce Inventory Procurement Solutions 91

SYSPRO Smarter ERP

NOVEMBER 17, 2021

With a solid business strategy, and a strong foundation of knowledge, you can determine the best course of action for your manufacturing business and take advantage of an ERP system to streamline business processes and maximize profitability. Previously, purchasing an ERP required a large capital spend. SaaS (Software as a Service).

ERP 105

ERP Modeling Software Tips Procurement Solutions 105

WorkWave

AUGUST 31, 2021

High Shipping Costs. Of course, customers prefer low shipping costs, but the charges have to be covered. However, there are strategies to lower these shipping costs. Of course, there is only so much you can do when the order is out of your hands and in transit to the customer. Consider: . This may be done by: .

Optimization Software 52

Optimization Software Procurement Solutions Logistics Network Optimization Software Negotiating Skills 52

Freightos

FEBRUARY 16, 2020

In addition to the terrible human cost, the virus is also sending ripples throughout the global supply chain. The digitization of commerce created a path for giants like Amazon and Alibaba to dominate their respective storefront/fulfillment and sourcing roles in the market. The (Digital) Rise of SMBs.

Supply Chain Software 71

Supply Chain Software Supply Chains Purchasing Skills Manufacturing Procurement 71

WorkWave

SEPTEMBER 6, 2023

Not only does it provide a space to test hypotheses, but it takes it a step further, giving you results and data to power smarter decisions based on accurate data. Companies can identify the best course of action, minimize negative impacts and make more informed decisions.

Expense Reduction 96

Expense Reduction Cost Reduction Resource Reduction Scenario Planning 96

Logistics Bureau

JULY 11, 2022

These KPIs should all be applicable to your supply chain operation, subject to some tweaking to reflect the precise characteristics of your inbound logistics and purchasing functions. This measurement will require data from the purchase orders placed by your buyers, and that from your receiving operation. ASN Accuracy.

Procurement Analytics 108

Procurement Analytics Procurement Solutions Purchasing Skills Inbound 108

Now, That's Logistics

FEBRUARY 4, 2021

However, these new systems also cost money, require training, and don’t always produce the return on investment (ROI) expected. When it comes to the exchange of information, it is of course problematic.”. Shipping marketplaces can aggregate capacity supply and demand, as well as standardize and disseminate market data,” it says. “As

Supply Chain Design Software 78

Supply Chain Design Software Optimization Software Logistics Network Optimization Software Supply Chain Software 78

FLS Transport

FEBRUARY 10, 2021

Data shows contract rates up 12% year over year. Of course, there’s a massive need for more capacity right now and that’s largely what’s driving the purchases. Now we have the first data point that shows contract rates increased 12% in the fourth quarter of 2020. Get the details here.

Procurement Analytics 98

Procurement Analytics Freight Purchasing Skills Trucking 98

World Food Programme Logistics

JUNE 4, 2019

In Lebanon , WFP’s supply chain unit works with 450 shops to remove market inefficiencies, improve access to shops, lower prices and improve shopping experiences. which provides food prices in nearby shops, WFP is increasing the purchasing power of all customers visiting WFP-contracted shops. Those changes?—?made ZeroHunger.

Temperature 40

Temperature Purchasing Skills Negotiating Skills Price Reduction 40

Logistics Viewpoints

JUNE 8, 2022

Inflation has led me to review the likely magnitude of importance for certain purchases, as employee compensation is not increasing at the same rate as inflation, diminishing purchasing power. Substitutesare also relevant due to today’s supply constrained environment. Review of Prior Impactful Events.

Scenario Planning 132

Scenario Planning Analysis Events Purchasing Skills 132

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

Freightos

JULY 26, 2018

Amazon is at the nexus of ecommerce, data, and logistics, with a drive to constantly improve their logistics network. That’s 258 operational facilities in the US and another 486 distributed around the world (see map below, data from MWPVL ). Source: Amazon.com. 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