EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. With the right strategies in purchasing, logistics and supply chain, you can navigate through a recession and come out as a winner.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Waste Reduction 52

Locus

MAY 25, 2022

The above statement is spot on, largely because of its subtext: Customers spend their money elsewhere because they are not happy with how companies meet their expectations. Take last-mile deliveries for example. Here are seven key strategies that they have used to make it happen. Use data insights. – Statista, U.S.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategy 52

WorkWave

MARCH 26, 2024

From online retailers to food delivery services, businesses are realizing the importance of efficiently managing their delivery routes to meet customer expectations. Let’s delve into this topic to understand its significance and explore strategies for optimizing delivery routes to enhance customer satisfaction.

Optimization Software 105

Optimization Software Optimization Logistics Network Optimization Software Cost Reduction 105

Conger

APRIL 1, 2024

Continue reading to learn more about this essential strategy to ensure your equipment performs optimally at all times. Examples include cleaning and lubricating the moving parts or replacing parts before they wear out. The secret to achieving efficiency lies in adopting robust maintenance strategies. Let’s dive in!

Material Savings 94

Material Savings Expense Reduction Resource Reduction Cost Reduction 94

WorkWave

JANUARY 18, 2021

The data provided by analytics can help you find trends that lead to more informed decisions and improved operations. A few examples of recurring tasks include: Responding to emails or sending updates; Scheduling; Shipping and inventory management; Analytics and website tracking; Posting to social media. Prepare to Adapt.

Sourcing Strategies 98

Sourcing Strategies Inventory Reduction Tips Supply Chain Software 98

GlobalTranz

OCTOBER 5, 2018

An omnichannel retail strategy is the new norm in today’s supply chains. Therefore, an omnichannel retail strategy must become the new standard business model for companies wanting to remain competitive. Follow examples of major brands that have implemented best-in-class omnichannel retail strategies. In fact, 78% of U.S.

Modeling Software 78

Modeling Software Sourcing Strategies Cost Reduction Supply Chain Planning Software 78

CH Robinson Logistics

DECEMBER 15, 2021

However, with this year’s volatility, I was also given a front-row seat to a new level of hyper collaboration – including individuals going out of their way to help each other, more strategy sessions between shippers and forwarders, and continually leaning into historical data and current market insights to find smarter solutions.

Sourcing Strategies 90

Sourcing Strategies Global logistics Cost Reduction Inventory Reduction 90

SYSPRO Smarter ERP

OCTOBER 20, 2021

Manufacturers and distributors want to dramatically increase their efficiency, productivity and accuracy through smart technologies, data analytics and connected services. Digitization: from analogue information to digital data. The first step, therefore, is to get all your information – documents and data – into a digital format.

Digital 133

Digital Factories Supply Chain Planning Software Supply Chain Software 133

GlobalTranz

DECEMBER 15, 2016

Editor's Note: Today's blog is from our friend Derrick Rehn with FusionOps who shows us how big data analytics can benefit you in your supply chain. . As big data analytics offer a sizeable competitive advantage for many industries, the drive to deliver cutting edge innovation in data analytics is ever increasing.

Supply Chain Software 53

Supply Chain Software Data Cost Reduction Supply Chains 53

SYSPRO Smarter ERP

AUGUST 9, 2022

Digital transformation has quickly become an essential part of any successful business strategy which has also resulted in a skills gap. The manufacturing workforce is expected to acquire the necessary skills to be able to solve problems and meet customer expectations. An evolving workforce. Manufacturing. Business Processes.

Course 105

Course Buyer Training Waste Reduction Expense Reduction 105

EazyStock

AUGUST 21, 2020

For businesses that carry non-perishable goods it’s tempting to order and carry surplus stock to help meet market demand and hit order fulfillment targets. There are many financial benefits to introducing stock reduction strategies – in particular focusing on your excess and obsolete items. Supplier lead time reduction.

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

FreightWaves SONAR

MARCH 2, 2021

Companies are rapidly adopting and using real-time data to clearly understand challenges to better mitigate unexpected problems when they arise. In fact, logisticians should consider these top five use cases of increased visibility and data within logistics and how they improve throughput. Download the White Paper.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Data 52

Logistics Viewpoints

APRIL 10, 2024

For example, a robust supply chain may have backup power generators, firewalls, security systems, and emergency plans to prevent or mitigate the effects of disruptions. For example, an agile supply chain may have real-time data, advanced analytics, decision support tools, and cross-functional teams to monitor, diagnose, and solve problems.

Supply Chain Planning Software 138

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 138

SYSPRO Smarter ERP

NOVEMBER 14, 2022

In many cases this has forced decision-makers to take a step back and reassess the bigger picture and implement changes where necessary to meet the growing need for agility and resilience. For example, ERP software can provide decision-makers with insights into the seasonality of products and customer-buying habits in the current market.

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 116

MTS Logistics

DECEMBER 20, 2023

Elastic logistics is becoming a shining example of efficiency and cost savings due to its capacity to dynamically react to changing demand by expanding or reducing operations. Let’s dissect the essential elements that make up this dynamic strategy: 1. Elastic logistics also ushers in a new era of supply chain resilience.

Supply Chain Software 82

Supply Chain Software Supply Chains Inventory Reduction Cost Reduction 82

Logistics Viewpoints

MARCH 24, 2022

It allows them to identify the right carrier service and optimal point of origin for every parcel delivery, seize the best opportunities to cut costs and scale shipping strategies, offset carrier capacity constraints and capacity-based surcharges, reduce costs with bulk shipping, improve returns processes, and more. Meet the basic needs.

Supply Chain Planning Software 131

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Optimal Sourcing 131

3PL Links

APRIL 16, 2024

However, how can we aim for productivity, flexibility, and efficiency to meet the needs of a market that is expanding all the time? Because of its improved stock storage techniques, increased flexibility, and efficient management, the company can easily handle the surge in orders and always adjusts to meet demand.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Optimization Software 48

Ship Monk

APRIL 5, 2024

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. Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. Regular meetings or reports?

Negotiate Pricing 80

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 80

SYSPRO Smarter ERP

JULY 26, 2022

In a world where the only constant is change, manufacturing and distribution businesses now need three essential ingredients (including specialist ISV solutions) to set sail on the right path: The reliability of a core ERP system that provides centralized and real-time data insights.

Modeling Software 105

Modeling Software Optimization Software Vendor Strategies ERP 105

AIMMS

JULY 13, 2020

Other reviews (prepared for decision-making versus attending for receiving information) are shared by the owners of each strategy element/pillar. For instance, COOs own the supply strategy, marketing the portfolio strategy, and so forth. How can you account for new products that don’t exist in master data?

Scenario Planning 160

Scenario Planning Supply Chain Planning Software Resource Reduction Sourcing Strategies 160

SYSPRO Smarter ERP

OCTOBER 4, 2021

Here are examples of the tangible return-on-investment (ROI) ERP can bring to your business: Maintain competitive advantage with ERP. During the pandemic ERP kept industries in operation with its ability to sustain business operations through remote access to data, automated reporting, electronic data exchange, and real-time factory controls.

Manufacturing Procurement 119

Manufacturing Procurement ERP Distribution Supply Chain Software 119

FourKites

DECEMBER 23, 2020

When creating a strategy for improving the productivity of your supply chain, you should analyze your costs within the following four areas: Staff time. While holding excess safety stock of finished goods ensures that companies always have enough materials on hand to meet customer demand, it comes with a huge price tag.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Reduction Waste Reduction 52

Logistics Viewpoints

JANUARY 12, 2023

And so we have to keep pushing on several fronts: Filling the various “data gaps” around the world. Starting with real-time transportation visibility data, not all markets are alike. Data on ocean shipments, for example, is generally available across the globe, due primarily to greater standardization in ocean shipping.

Supply Chain Planning Software 114

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

Logistics Viewpoints

DECEMBER 5, 2022

But Molex, a global electronics and connectivity solutions company, has been investing in their intelligent digital supply chain strategy to improve their supply chain agility and customer experience. Those industries include data communications, medical, industrial, automotive and consumer electronics.

Supply Chain Planning Software 118

Supply Chain Planning Software Manufacturing Procurement Optimal Sourcing Inventory Reduction 118

3PL Links

FEBRUARY 19, 2024

Supply Chain Challenges: Extreme weather-related interruptions and port bottlenecks are two examples of supply chain difficulties that have brought attention to the need for more resilience and diversification in sourcing strategies.

Sourcing Strategies 48

Sourcing Strategies Trends Inventory Reduction Logistics Network Optimization Software 48

Turvo

AUGUST 20, 2021

You must implement a logistics strategy to ensure that you can adapt to the supply chain’s flexibility. A logistics strategy allows you to identify how imminent changes impact the company so that you can make the necessary organizational or functional changes to ensure service levels are not reduced.”

Resource Reduction 52

Resource Reduction Cost Reduction Supply Chain Software Logistics Network Optimization Software 52

GlobalTranz

MARCH 7, 2016

Through the use of connected devices and greater abilities to capture data in real time, the concept of end-to-end visibility and improvement thru the use of supply chain analytics has changed. However, the Internet of Things and big data supply chain analytics are allowing manufacturers to monitor performance in near real-time.

Procurement Analytics 61

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chains 61

Logistics Viewpoints

JANUARY 26, 2021

The hyper-focus on meeting customer expectations is also creating pressures upstream in the supply chain, as manufacturers extend visibility and collaboration beyond their own walls to avoid any disruptions. To meet customers’ growing expectations for personalized offerings, the typical company’s product lines have grown exponentially.

Supply Chain Software 161

Supply Chain Software Supply Chain Planning Software Definition Supply Chains 161

Logistics Business Magazine

NOVEMBER 8, 2022

Both the system architecture and the multi-layered security design, its defined procedures, the software and drone hardware meet all the requirements for this cybersecurity standard. HHLA Sky’s product development process also meets all normative requirements in each of the eight areas. Secure UAV operation.

Supply Chain Design Software 68

Supply Chain Design Software Supply Chain Software Cost Reduction Material Savings 68

Logistics Viewpoints

DECEMBER 7, 2021

Despite the epic supply chain problems, some companies have taken big steps to profitably meet consumer demand leading up to and during the busy holiday season. Carrier capacity management strategies ease the crunch. A growing number of shippers now embrace the gig economy to get orders to customers, for example.

Price Reduction 114

Price Reduction Cost Reduction Inventory Reduction Capacity 114

Logistics Business Magazine

MAY 25, 2018

Businesses the world over are impacted, and one industry that will need to pay close attention to data security is manufacturing. While GDPR is specific to Europe, it also impacts companies with a presence in the EU and organisations that handle the personal data of European citizens. Why should manufacturers care?

Compliance 32

Compliance Security Meeting Cost Reduction 32

WorkWave

SEPTEMBER 21, 2021

From engaging with potential clients face to face to providing a tangible example of your product, learning how to sell door to door is a great skill to hone. . One effective strategy is to paint a vivid picture of solving a problem. Additionally, some companies offer sales-enabling technology, so make use of all available resources.

Resource Reduction 40

Resource Reduction Material Savings Cost Reduction Buyer Training 40

FreightWaves SONAR

APRIL 29, 2021

Those challenges and others have put pressure on retailers to build omnichannel offerings that “meet customers where they are.” That has also increased the pressure on retailers to keep other freight and logistics costs low with more capital and expense being dedicated to the development of new omnichannel strategies. .

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

FreightWaves SONAR

FEBRUARY 25, 2021

Even the most robust in-house strategies can turn to the value of logistics automation within analytics, such as the insights found in Lane Signal, to further refine their operations. Enterprise shippers need a proactive strategy to secure capacity One of the biggest challenges that shippers face remains to secure capacity.

Supply Chain Software 90

Supply Chain Software Logistics Network Optimization Software Automation Sourcing Strategies 90

GlobalTranz

APRIL 18, 2016

The push toward a more efficient, data-driven supply chain will result in more competition among companies. For example, small-business e-stores have managed to create environments that allow customers to see inventory in real time, reducing problems with excessive ordering.

Waste Reduction 91

Waste Reduction Cost Reduction Inventory Reduction Resource Reduction 91

SYSPRO Smarter ERP

MAY 22, 2023

Extend what is already made – repair and maintain products to maximize their lifetime; implement a return strategy when applicable. For example, ensuring that if a BOM is changed to include recycled material, the change of requirements is seamlessly passed on to suppliers.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 98

FreightWaves SONAR

FEBRUARY 8, 2021

Figuring out the best strategy for managing fleet assets can be difficult at best. The data analyzed within today’s freight market goes back to the beginning of digital transformation. Contract versus spot data factors influence the profitability of all fleet assets. Download the White Paper. trucking market.

Price Reduction 94

Price Reduction Resource Reduction Freight White Paper 94