Freightos

AUGUST 14, 2023

The Superconductivity Prelude Late in July 2023, South Korean researchers made headlines with a potential discovery – now mostly debunked – of a material that enabled superconductivity at room temperature. Specifically, 53% anticipate a limited reduction, while 31% foresee substantial cuts. I dove in too.

Price Reduction 99

Price Reduction Logistics Network Optimization Software Material Savings Supply Chain Software 99

Logistics Business Magazine

JULY 19, 2022

Meanwhile, a recent survey conducted by the trade association, Logistics UK, noted 13% of respondents report severe warehouse staff shortages, with a substantial decline in the availability of forklift drivers cited as a major problem. The post Labour-saving technology on display at IMHX appeared first on Logistics Business® Magazine.

Supply Chain Software 55

Supply Chain Software Logistics Network Optimization Software Material Savings Automation 55

Logistics Viewpoints

MARCH 2, 2023

And a FourKites survey of 350+ supply chain leaders tells us that the past few years of supply chain disruptions — including COVID-19, market volatility, global political conflict, material shortages and extreme weather events — drove 73% of respondents to begin investing in supply chain visibility, with 46% planning to invest more in 2023.

Waste Reduction 118

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 118

Logistics Viewpoints

JANUARY 26, 2021

Fifty-two percent of respondents are working on individual digital projects but lack an overarching strategy that links all these efforts. While creating a demand-driven supply chain means ingesting and interpreting large volumes of data, advances in cloud computing and edge computing make data-based decision making easy and cost-effective.

Supply Chain Software 161

Supply Chain Software Supply Chain Planning Software Definition Supply Chains 161

SYSPRO Smarter ERP

MARCH 21, 2022

Supply chain management (SCM) systems help businesses to manage the flow of goods and services right from the sourcing of raw materials, to delivering finished goods to the customer. SCM solutions provide oversight of materials and products, and their associated data, as they move through the supply chain from supplier to consumer.

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 116

SYSPRO Smarter ERP

JUNE 21, 2022

There are many causes, for example, container ships from Asia are now too large to traverse the Panama Canal (20 years ago they were not), so they offload on the West Coast of the United States and are compelled to truck all goods to the East Coast. The current war in Ukraine will further destabilize the global supply chain.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Software Supply Chains Optimization Software 105

Logistics Business Magazine

MAY 31, 2023

Not only energy consumption and CO₂ emissions but also the costs for administration, maintenance and wear can be reduced by using suitable drive systems. The NORD ECO box can measure the energy consumption of individual drives in detail and allows for extensive data analysis.

Efficiency 44

Efficiency Cost Reduction Material Savings Document 44

Logistics Bureau

JANUARY 7, 2020

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. Supply Chain Strategy. In 2014, a survey by Tompkins Consortium delivered a shocking revelation. Supply Chain and Business Success By the Numbers.

Supply Chain Design Software 122

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

Logistics Bureau

JANUARY 9, 2019

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. Supply Chain Strategy. In 2014, a survey by Tompkins Consortium delivered a shocking revelation. Supply Chain and Business Success By the Numbers.

Supply Chain Design Software 118

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

Logistics Viewpoints

JANUARY 12, 2023

A recent survey of global supply chain leaders suggests to me that the industry risks losing momentum. ” E2E also means being able to see things when they are not in transit, such as raw materials upstream, inventory in a warehouse or yard, products in retail outlets, or shipments stuck in customs.

Supply Chain Planning Software 114

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 114

Trinity Logistics

JULY 29, 2021

Challenges that include overwhelming demand, tight capacity, rising freight rates, and shortages in materials, products, labor, and drivers. With demand, there are still projects waiting in the wings until materials can be properly sourced and shipped. Census Bureau’s Small Business Pulse Survey , 59.7 THE RAW MATERIAL SHORTAGE.

Manufacturing Procurement 118

Manufacturing Procurement Construction Supply Chain Planning Software Material Savings 118

Logistics Viewpoints

SEPTEMBER 7, 2022

So, we had a very urgent need to have visibility to which suppliers around the world were providing goods, materials, and feedstock to other suppliers.”. BD has about 5000 suppliers that are delivering, components and materials that go into their products. The company had access to huge amounts of trade data, for example.

Supply Chain Software 123

Supply Chain Software Supply Chains Optimal Sourcing Procurement Solutions 123

SYSPRO Smarter ERP

APRIL 11, 2022

The role of the CFO is being transformed by technological innovation and access to massive amounts of data, both inside and outside the organization. ERP allows CFOs to identify potential efficiencies, enabling costs to be reduced across the organization. The modern CFO. According to the 2021 SYSPRO CFO 4.0 The SYSPRO CFO 4.0

Manufacturing Procurement 105

Manufacturing Procurement ERP Distribution Supply Chain Design Software 105

SYSPRO Smarter ERP

JULY 4, 2022

This means that the industry is reliant on bringing in specific raw materials and because of this ‘hands-on’ approach, the industry has become increasingly susceptible to supply chain disruptions. Time-stamped data records can be integrated with a cloud ERP system to improve the ability to make decisions quickly and optimize operations.

Optimization Software 111

Optimization Software ERP Supply Chain Software Manufacturing Procurement 111

Trinity Logistics

JANUARY 6, 2023

The chemical industry faces challenges such as volatile raw material prices, shortages , supply chain disruption, and more. Managing Raw Materials. Large Amounts of Data. MANAGING RAW MATERIALS. The chemical industry, specifically chemical manufacturing, relies heavily on raw materials. LARGE AMOUNTS OF DATA.

Industry 62

Industry Material Savings Supply Chain Software Supply Chains 62

Logistics Business Magazine

SEPTEMBER 22, 2022

The trend is to not simply respond to problems, but to analyse data and simulate scenarios proactively to enable customers to have maximum availability. The example of the TGW Logistics Group shows why these services are worthwhile. Example: TGW Logistics Group. Focus on cyber security.

Logistics Network Optimization Software 62

Logistics Network Optimization Software Supply Chain Software Material Savings Security 62

Blue Grace Logistics

NOVEMBER 24, 2020

According to a March survey conducted by the Institute for Supply Chain Management, nearly 75% of U.S. These new considerations extend from raw materials to finished goods. As most companies haven’t found a reliable means to practice divination we’ve found that, with the right technology and data, this is possible.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chains 62

Bringg

MARCH 24, 2021

To meet the new demand, companies will have to adjust their operations for greater efficiency, flexibility, and cost reduction. A good example of such a strategic decision could be choosing a warehouse’s location. That being said, it’s also as important to consider competitors’ strategies to respond to demand. .

Optimal Sourcing 62

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

Material Handling and Logistics

MARCH 22, 2018

More than 60% of business leaders surveyed across North America believe governments are increasingly taking a protectionist stance of raising trade barriers to defend domestic businesses. But even amid ongoing renegotiations of NAFTA, half of firms surveyed (U.S. According to the survey, less than one in ten (9%) U.S.

Survey 89

Survey Price Reduction Government Data 89

CH Robinson Logistics

MAY 11, 2021

Robinson releases our 2020 Sustainability Report, which provides critical data and increased transparency about our sustainability performance. As a technology company in the transportation logistics industry, we believe the power of data and innovation can solve the industry’s most complex sustainability issues.

Material Savings 63

Material Savings Supply Chain Software Logistics Network Optimization Software Replenishment 63

20Cube Logistics

OCTOBER 29, 2020

According to a survey by market research firm IDC, “Around 50 per cent of supply chain logistics companies will use AI and Power BI for advanced analytics for planning by 2020”. For example, in a warehouse, AI helps retailers to maintain an edge for supply chain operations and product delivery. What is Artificial Intelligence?

Supply Chain Planning Software 74

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 74

Logistics Viewpoints

MARCH 6, 2023

A transformation that is based on the idea that by putting in new applications the company will automate a process, or processes, and provide more and better data to make decisions, is a poor foundation for a true transformation. GEON is owned by SK Capital. The goal is to avoid complexity if it does not add value.

Supply Chain Planning Software 140

Supply Chain Planning Software Supply Chain Transformation Scenario Planning Supply Chain Software 140

Trinity Logistics

SEPTEMBER 22, 2023

Recently, there’s been an increased demand for temperature-sensitive drugs (think covid vaccines and biologics), rising demand for better food quality, a surging need to reduce food waste, and growing demand for generic drugs. would save 3.2 Furthermore, it’s estimated to grow at a Compound Annual Growth Rate (CAGR) of 18.6

Trends 66

Trends Waste Reduction Industry Supply Chain Planning Software 66

GlobalTranz

OCTOBER 25, 2017

Inventory tracking is among the top areas most impacted by omnichannel supply chain strategies, and consumer spending habits are forcing inventory tracking technology to evolve, making sure consumers can get the products they want, through the media and channels they want, and at the prices they want.

Inventory Reduction 50

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Optimization Software 50

GlobalTranz

FEBRUARY 6, 2018

Ethereum shares some common features with Bitcoin, including how it’s mined by computers and codifies unique data that can be used to track everything from transactions to an exchange of goods (more on that below). a pair of jeans that didn’t come from a sweatshop, for example. Blockchain in supply chain changes that.

Supply Chain Design Software 164

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 164

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 133

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 133

CLX Logistics

NOVEMBER 17, 2022

For instance, throughout the COVID-19 pandemic, we’ve witnessed supply chain disruptions from staffing shortages, cyber-attacks, material shortages, a carrier ship stuck in a critical worldwide port, and countless other snags that have slowed or impacted the stability of the global supply chain. What is Transportation Visibility?

Optimal Sourcing 52

Optimal Sourcing Supply Chain Software Optimization Software Supply Chains 52

Ship Monk

AUGUST 8, 2023

But if you make it hard, you’re adding to your customer service issues rather than reducing them. Centralize customer interaction data. Product reviews and post-purchase satisfaction surveys are also good sources, as long as someone is reading them. Test different packing materials or switch shipping carriers.

Ordering 52

Ordering Logistics Network Optimization Software Purchasing Skills Material Savings 52

WorkWave

SEPTEMBER 14, 2022

AI allows you to auto-populate data and uses calculation tools to automatically calculate costs and billing on the spot. This reduces your workload and provides more immediate results for your clients, improving overall customer satisfaction. In 2021, the average number of cyberattacks and data breaches rose 15.1% Cybersecurity.

Optimization Software 52

Optimization Software Material Savings Resource Reduction Expense Reduction 52

Material Handling and Logistics

OCTOBER 30, 2018

In a recent Forrester study, they found the problem to be poor quality data. Digitization is your friend, but quality data is your foundation. Digitization is your friend, but quality data is your foundation. Be proactive about your suppliers! Believe in Darwin (change is a good thing). Master Innovation.

Optimal Sourcing 166

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 166

GlobalTranz

AUGUST 20, 2015

This estimate is according to responses provided by 83 percent of the manufacturing executives who participated in a survey conducted as part of an industry study by the Manufacturing Institute and Deloitte Consulting LLP. Indicators are that the worker deficit could rise to over 2 million unfilled jobs in the next decade. Skills Shortages.

Buyer Training 104

Buyer Training Cost Reduction Resource Reduction Optimization Software 104

GlobalTranz

JANUARY 10, 2017

In other words, the use of AI may help to improve patient outcomes and reduce delays from misdiagnoses or laboratory testing. A 2016 Accenture survey, reports RF Gen , explained how more companies are taking advantage of AI benefits through linked supply chains. billion by 2018 to grow these relationships.

Manufacturing Procurement 65

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 65

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

Logistics Business Magazine

OCTOBER 11, 2021

Data from the Office for National Statistics showed that in July vacancies in the logistics sector were 338% higher than the pre-Covid norm. In Poland, for example, the unemployment rate was as close to zero as you can get in an advanced economy, with earnings approaching those of Western Europe. The pandemic hasn’t helped.

Production 53

Production Material Savings Modeling Software Resource Reduction 53

GlobalTranz

JUNE 24, 2015

There were 10% fewer manufacturers in 2011 than in 2008—a record low since 1977, when the Census Bureau started collecting Business Dynamics data. Chemicals plants, for instance, have little labor relative to the value of production, so offshore production does not save much. And, the labor force was 35% smaller in those days.

Manufacturing Procurement 97

Manufacturing Procurement Supply Chain Planning Software Cost Reduction Sourcing Strategies 97

Logistics Bureau

JULY 18, 2018

Looking to real-life examples for inspiration, we can ask, ‘Who does reverse logistics well?’ In a manufacturing plant, reverse logistics performance is tied to the money or materials that can be recovered cost-effectively from the returned product. A plan is necessary, possibly based on one of the following strategies.

Reverse logistics 49

Reverse logistics Vendor Strategies Logistics Network Optimization Software Inventory Reduction 49

Logistics Viewpoints

NOVEMBER 19, 2020

The most recent McKinsey Global Survey on AI shows a 25% increase in use by companies over the prior year, a trend that shows no signs of slowing. This development is so promising that McKinsey predicts demand for what they call AutoML practitioners to be double that of data scientists. At this pace, have we entered the Age of AI?

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 78