GlobalTranz

APRIL 6, 2021

Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. For example, many supply chain resiliency plans may have considered a health crisis in which organizations and key partners face lower-than-normal staffing levels.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Software Supply Chains Manufacturing Procurement 75

Logistics Viewpoints

MAY 27, 2021

In my Logistics Viewpoints article in April 2021, Building Profitability with Agility while Digitally Transforming the Supply Chain , I mentioned that we will continue to explore here the concrete steps in the digital journey and examples of determination from the top in addition to logistics operations. The payoff is well worth it.

eCommerce 138

eCommerce Optimal Sourcing Supply Chain Software Supply Chain Planning Software 138

Logistics Bureau

JANUARY 7, 2020

Of course, it is helpful to have some statistics on hand to validate the statement above. According to a survey by Deloitte from 2014, 79 % of companies with high-performing supply chains achieve revenue growth superior to the average within their industries. In 2014, a survey by Tompkins Consortium delivered a shocking revelation.

Supply Chain Design Software 122

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 122

AIMMS

FEBRUARY 3, 2020

Moving past waste, water, and C02 reduction, they have begun searching for renewable energy sources, different forms of packaging, and increased efficiency overall. More and more enterprises will be focusing on processes like ethical sourcing, reverse logistics, and using green materials in response to public demands.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 62

Freightos

FEBRUARY 16, 2020

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 US-China trade war is another troubling example of how unexpected disruption can impact global trade and SMBs’ ability to compete. . The (Digital) Rise of SMBs.

Supply Chain Software 71

Supply Chain Software Supply Chains Purchasing Skills Manufacturing Procurement 71

Automotive Logistics

NOVEMBER 20, 2018

Llamasoft’s recent survey on global manufacturing supply chains reveals that more than half of global manufacturers will change their supply chains in response to economic nationalism. Our survey found that 86% of North American manufacturers already use supply chain design software.

Supply Chain Design Software 38

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Modeling Software 38

Logistics Bureau

JANUARY 9, 2019

Of course, it is helpful to have some statistics on hand to validate the statement above. According to a survey by Deloitte from 2014, 79 % of companies with high-performing supply chains achieve revenue growth superior to the average within their industries. In 2014, a survey by Tompkins Consortium delivered a shocking revelation.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 118

Bringg

MARCH 24, 2021

A good example of such a strategic decision could be choosing a warehouse’s location. This phase is concerned with everything starting with retailers sourcing products from the manufacturer or manufacturing the products themselves as a brand (which also includes steps such as assembling and product testing). More business, less waste.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

Ship Monk

JULY 27, 2022

We’re talking, of course, about demand forecasting, or the process of predicting customer demand for a product or service. No matter what data sources and forecasting techniques you end up using, knowing the answers to some key questions is the very first step to gauging your individual needs. Guiding Questions for Demand Forecasting.

eCommerce 52

eCommerce Inventory Reduction Cost Reduction Price Reduction 52

247 Customs Broker

SEPTEMBER 24, 2018

In fact, two-thirds of the companies surveyed characterized their omni-channel fulfillment performance (relative to peers in their industry) as average or below, with 30 percent characterizing it as below average. Source: “Omni-Channel Logistics Leaders: Top 5 Inventory Insights,” Adelante SCM & LEGACY SCS.

Optimal Sourcing 28

Optimal Sourcing Inventory Nodes Manufacturing Procurement 28

GlobalTranz

JANUARY 10, 2017

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. A 2016 Accenture survey, reports RF Gen , explained how more companies are taking advantage of AI benefits through linked supply chains.

Manufacturing Procurement 65

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 65

GlobalTranz

JANUARY 17, 2017

Of course, reports Predictive Analytics Times , analytics also possess potential to change how companies obtain the raw materials for their products. For example, the aeronautics’ giant, Lockheed Martin, has embraced augmented reality during the manufacturing and repair processes, explains Industry Week. billion by 2021.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

The Logistics Academy

SEPTEMBER 28, 2017

Over the course of 2016, real revenue and volume growth in the air and sea freight forwarding markets was remarkably similar globally, but this disguises significant differences across important countries and regions, say analysts who keep a close eye on the market. Digitize or die.

Freight forwarding 56

Freight forwarding Digital Supply Chain Planning Software Freight 56

Ship Monk

AUGUST 8, 2023

Customer complaints are actually the best, most honest source of feedback about your business that you’re ever going to find. Product reviews and post-purchase satisfaction surveys are also good sources, as long as someone is reading them. It may seem like you’re stating the obvious (Of course we got your order!

Ordering 52

Ordering Logistics Network Optimization Software Purchasing Skills Material Savings 52

GlobalTranz

JUNE 15, 2017

Of course, it is not an absolute must among the logistics skills to have a basic knowledge about IT or technology-specific area to be good at supply chain domain. The reality is being changed very fast, so people are sharing their knowledge and experience as well as are providing their gains as the open source.

Buyer Training 84

Buyer Training Logistics Network Optimization Software Vendor Strategies Supply Chain Software 84

Ship Monk

MARCH 11, 2024

And when we feel uncertain, humans tend to look for examples of what others in our situation have done. We’ll give you some examples of social proof, and we’ll even rank them in terms of trustworthiness. Of course, sometimes following the herd can lead us astray. We look for “proof” that we’re making a good decision.

eCommerce 89

eCommerce Logistics Network Optimization Software Case Study Procurement Solutions 89

Supply Chain Brain

JULY 16, 2018

As part of an annual effort, Accenture surveyed 30 A&D companies, encompassing original equipment manufacturers (OEMs) as well as tier 1 and 2 suppliers. Schmidt cites the example of an electronics supplier that was participating in a classified government procurement program.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Design Software Modeling Software Optimization Software 40

247 Customs Broker

FEBRUARY 1, 2018

A recent series of surveys conducted by a prominent industry think tank indicates that the current state of global logistics is characterized by extreme urgency and the pressure to deliver above and beyond—regardless of mode. In each case, innovation and disruption was regarded as a “double-edged” sword.

Logistics Network Optimization Software 28

Logistics Network Optimization Software Global logistics Supply Chain Planning Software Supply Chain Software 28

Blue Grace Logistics

SEPTEMBER 19, 2019

As it is with most problems there is a lack of a clear and concise definition, according to an MIT study which conducted a survey of the apparel industry only to find wildly different results. Slave labor in the Thai seafood industry and deforestation in Malaysia and Indonesia are ample examples of this.

Definition 48

Definition Supply Chain Design Supply Chains Manufacturing Procurement 48

GlobalTranz

JANUARY 28, 2016

Additionally, 81 percent of students who participated in Manufacturing Day 2015 who were surveyed showed an increased interest in pursuing a manufacturing career. For example, the Hirschvogel Automotive Group launched a program to teach students the art and skill set of working as a machinist in a die and punch shop .

Manufacturing Procurement 77

Manufacturing Procurement Sourcing Strategies Buyer Training Material Savings 77

Trinity Logistics

JUNE 6, 2022

For example, the life expectancy of truck drivers is 16 years less than those of other working professions. According to the Canadian Community Health Survey of Truck Drivers, 70 percent of truck drivers eat less than the suggested five servings of fruit and vegetables per day. MAXIMIZE FRUITS AND VEGGIES AT EVERY MEAL.

Trucking 92

Trucking Tips Refrigeration Scenario Planning 92

247 Customs Broker

MAY 8, 2018

Improved internal processes are, of course, helpful, but today’s competitive landscape is being redrawn by forwarders which are putting shippers’ needs first. Among the report’s key findings was that forwarders that quote manually took 57 hours on average—an improvement on previous surveys, but still 20th century performance.

Freight forwarding 28

Freight forwarding Supply Chain Planning Software Freight Sourcing Strategies 28

Logistics Bureau

AUGUST 27, 2018

Of course, gamification can only be used in processes requiring human input, since it drives performance by way of motivation. The difference is quite subtle, but lies in the fact that while rewards (financial or otherwise) may play a part in logistics gamification , they should not become the sole source of motivation.

Logistics Network Optimization Software 48

Logistics Network Optimization Software Supply Chain Design Software Tips Supply Chain Software 48

Logistics Viewpoints

JANUARY 25, 2024

Some try delving into deep learning or a crash course in generative AI (GenAI), but I don’t recommend starting there. Planners are buried in tedious tasks using legacy, fragmented technology, which 48% say doesn’t help them do their job effectively, according to a survey by the boom! Global Network.

Supply Chain Planning Software 139

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 139

GlobalTranz

MARCH 23, 2016

You use a Voice of the Customer (VoC) survey to obtain negatives and positives from your customers. These metrics would, of course, be aligned and are updated every hour. For example, if your strategy is to improve Quality, the people in the value stream would own a control chart of heat applied to the product.

Manufacturing Procurement 54

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Optimal Sourcing 54

Automotive Logistics

APRIL 23, 2018

Aptiv is taking a highly centralised approach to the logistics operation supporting the new division and has made Jeffrey Richards its global director of logistics and supply chain operations, responsible for the sourcing, network design, continuous improvement and emergency logistics for all operating units.

Supply Chain Design Software 43

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 43

GlobalTranz

APRIL 4, 2016

Of course, there are other factors affecting the American push towards reshoring and nearshoring. manufacturers' decisions to reassess where they are producing or sourcing. If you want to see an example of offshoring verses reshoring, look no further than the illicit trade markets for name-brand fashion items.

Manufacturing Procurement 53

Manufacturing Procurement Cost Reduction Price Reduction Inventory Reduction 53

Forto

JANUARY 10, 2020

Furthermore, the OECD Economic Surveys – Germany (April 2018) state that strong domestic demands and especially exports are “driving economic growth”. For example, Amazon FBA sellers can find out more information from Bastian Barami at Officeflucht ( FBA training ). Finding The Best Costs. Find Yourself the Best Partners.

Cost Reduction 40

Cost Reduction Price Reduction Sourcing Strategies Strategy 40

The Logistics Academy

JUNE 29, 2017

billion in 2016, according to a BI Global Intelligence survey. Collecting data from sensors to monitor activities in real time is valuable, of course. For example, if a truck hits an object with substantial force, it might send a text or e-mail to a supervisor. By 2021, 22.5 The world will invest $4.8 LIFT TRUCK NETWORK.

Supply Chain Planning Software 40

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

SYSPRO Smarter ERP

JULY 14, 2022

Of course, the pandemic then hit global shores, not to mention the ripple effects of global trade wars. Singapore, for example, relies on Malaysia for one-third of its total poultry supply. To address the digital skills gap, a good ERP provider should provide online training courses to ensure employees understand emerging technologies.

Manufacturing Procurement 116

Manufacturing Procurement ERP Supply Chain Software Supply Chains 116

Logistics Bureau

APRIL 18, 2019

Source: Council of Supply Chain Management Professionals 2017 Survey. Of course the same is true in many professions, but is particularly so in the arena of supply chain and logistics. Let’s look at them from the perspective of the supply-chain Plan, Make, Source, and Deliver model. Sourcing and Purchasing. “I

Manufacturing Procurement 96

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 96

Logistics Bureau

SEPTEMBER 28, 2020

The key difference between the two can perhaps be explained in the following example: A 3PL provider working with a paint manufacturer may package and store products as well as transport them to retailers and/or customers. The best example of a 4PL model is Amazon.com. Amazon: A Hard 4PL Act to Follow. Some Australian 4PL Models.

4PL 116

4PL Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software 116

Turvo

JUNE 16, 2020

So it comes as no surprise that the biggest challenges for shippers, according to a 2019 survey, published by Inbound Logistics , revolve around lowering freight spend and e-commerce: “Nearly two-thirds of them—63%—cite cutting transportation costs as an important focus of their logistics efforts.

Logistics Network Optimization Software 64

Logistics Network Optimization Software Sourcing Strategies Cost Reduction Expense Reduction 64

Turvo

JUNE 10, 2020

Consider this example. Few areas of the supply chain are more susceptible than sourcing strategies. In the global economy, manufacturers may source raw materials from affected regions. Take another example. In the post COVID supply chain, drivers want a safer, healthier option than spending extra time in facilities.

Supply Chain Planning Software 53

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 53

Logistics Viewpoints

SEPTEMBER 29, 2021

A big part of sustainability initiatives includes the use of ethical sourcing. Ethical sourcing is the process of ensuring that the products made are obtained through responsible and sustainable methods. While we have seen more companies promoting ethical sourcing, does the consumer really care? Ethical Sourcing.

Sourcing Strategies 122

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Purchasing Skills 122

Ship Monk

AUGUST 30, 2023

Other analytics tools such as Segment , Heap and Triple Whale can be used to aggregate data from multiple sources including social media ads and search activity. Of course, if the billing address differs from the shipping address there will be additional fields, but the customer should never have to type in the same information twice.

eCommerce 52

eCommerce How To Procurement Analytics Purchasing Skills 52

WorkWave

FEBRUARY 26, 2021

For example, take a lawn and landscape business that’s offering a fall deal for homeowners who need to grade and seed their lawns. This is a very simplified example of combining traditional, top-funnel organic content marketing with lead generating efforts. This is what omnichannel marketing is.

Digital 64

Digital Modeling Software Sourcing Strategies Resource Reduction 64