GlobalTranz

FEBRUARY 19, 2016

As time passed, procurement gradually gained a larger role in the scope of manufacturing and order fulfillment. By the mid-1950s , procurement had become a commonplace aspect of minor business, and procurement was almost comparable to secretarial work. Why Is Technology Driving Procurement Trends and the Role of Procurement?

Manufacturing Procurement 56

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 56

CLX Logistics

APRIL 26, 2019

For companies willing to embrace opportunities for improvement across the entire supply chain, here’s a look at the top transportation procurement and benchmarking trends. The good news is, shippers have more access to data than ever before, which brings us to trend number two.

Optimal Sourcing 45

Optimal Sourcing Negotiating Skills Procurement Cost Reduction 45

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. The State of Supply Chain 2016 Trends. The move to agile supply chain management inherently required more data sources than traditional supply chains, reports GT Nexus.

Manufacturing Procurement 65

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 65

EazyStock

DECEMBER 17, 2019

Intro to 2020 Supply Chain Management Trends. Throughout the last decade, the main trends were digitization and globalization. 2020 supply chain management trends will further these shifts. 2020 supply chain management trends will further these shifts. Greening” the Supply Chain.

Supply Chain Software 81

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 81

FreightWaves SONAR

APRIL 1, 2021

Many LTL industry trends, including capacity limitations, increasing accessorials, surcharge rates, changes in market trends and buying patterns, are almost certain to continue through 2021 and for some time to come. In this example, the shipping rate would be based on the DIM pricing weight of eight pounds.

Negotiating Skills 98

Negotiating Skills Price Reduction Trends How To 98

FreightWaves SONAR

MARCH 22, 2021

Big data and predictive freight rates in the digital supply chain are nothing new. Nearly all shippers, brokers and carriers collect and use data to derive insights, including predictive rates. Unfortunately, the most robust applications of that data will quickly diminish in value as data ages.

Data 98

Data Negotiating Skills Freight Resource Reduction 98

FreightWaves SONAR

APRIL 4, 2024

Recognizing the collective significance of market conditions across KMAs at any given time, logistics professionals can devise strategies that accommodate the diverse nature of these areas, ensuring efficient and effective freight procurement and management. Curious about how KMA trends can inform an effective supply chain strategy?

Supply Chains 52

Supply Chains Optimal Sourcing Freight Outbound 52

GlobalTranz

SEPTEMBER 12, 2016

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. For example, transportation management often focuses on the journey of products after manufacturing. The Definition of Procurement Logistics.

Manufacturing Procurement 101

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 101

GlobalTranz

FEBRUARY 6, 2017

Aside from the new administration, Amazon’s supply chain continued push deeper into new and existing markets will define additional trends in the supply chain throughout the coming year. Fortunately, these five trends may alleviate some of the strains of competition by giving supply chain partners an advantage in the global market.

Supply Chain Planning Software 73

Supply Chain Planning Software Procurement Analytics Supply Chain Software Manufacturing Procurement 73

GlobalTranz

OCTOBER 19, 2016

Editor's Note: This is a blog from our friend Augie Grasis who shows us how big data can work to our advantage with dynamic freight pricing. One of the big buzzwords in many industries is “Big Data.” One example of the utilization of Big Data is dynamic pricing of LTL freight. Understanding this (and acting on it!)

Price Reduction 96

Price Reduction Data Freight 3PL 96

Logistics Viewpoints

MAY 3, 2023

Second, as supply chain disruptions become more commonplace, what are the major trends SDI is seeing? Third, what is the impact of real-time data on supply chains? Whilst they are classed as indirect purchases, this procurement category plays an essential role in day-to-day operations.

Supply Chain Design 100

Supply Chain Design Supply Chains Scenario Planning Procurement Solutions 100

Logistics Viewpoints

OCTOBER 3, 2022

In warehouses, for example, one solution is labor management. The trend toward automation has never gone away. For example, the auto industry embraced risk management after the nuclear disaster at Fukushima. And many are adding supplier risk management duties to the sourcing tasks performed by their procurement managers.

Supply Chain Software 172

Supply Chain Software Supply Chains Sourcing Strategies Optimal Sourcing 172

Freightos

NOVEMBER 7, 2023

More Resources Home November 7, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices increased 21% to $5.72/kg

Negotiating Skills 114

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 114

FreightWaves SONAR

JULY 24, 2023

For example, according to Global Trade Magazine , “One critical factor that executives should monitor closely is logistics management. This sector covers important activities relating to procurement, transport, and storage of goods. Measuring performance with transportation KPIs and freight data is getting easier.

Cost Reduction 105

Cost Reduction Tips Expense Reduction Supply Chain Planning Software 105

Talking Logistics

APRIL 17, 2018

Again and again, digitization and data were at the heart of panel and networking conversations. Even headline speakers were professing “data got sexy” and data is now a core strategy for companies looking to succeed. Supply chain leaders are wanting their organizations to be data-driven.

Supply Chain Design Software 69

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Supply Chain Design 69

GlobalTranz

NOVEMBER 16, 2016

The amount of information and improvement possible through big data can be overwhelming. Meanwhile, stakeholders do not get to reap the rewards of this new tech trend , and the overall enterprise suffers without realizing it. How to Get Started with Your Big Data Strategy. . This is where the explanation of big data begins. .

Resource Reduction 91

Resource Reduction Cost Reduction Supply Chain Planning Software Supply Chain Software 91

SYSPRO Smarter ERP

MAY 10, 2022

This should also integrate with inventory management and procurement so that goods are ordered in time and there is visibility over stock items. Demand forecasting : Data on sales history should be available to produce forecasts. Since sales is a strong driver of success, there should integration between sales and production planning.

Manufacturing Procurement 111

Manufacturing Procurement ERP Procurement Solutions Optimal Sourcing 111

Logistics Viewpoints

DECEMBER 5, 2022

Those industries include data communications, medical, industrial, automotive and consumer electronics. The 2010 Eyjafjallajökull volcano eruptions in Iceland, for example, caused enormous disruption to air shipments across Western Europe. The planners could choose to switch cargo from a slow-moving ship to air, for example.

Supply Chain Planning Software 118

Supply Chain Planning Software Manufacturing Procurement Optimal Sourcing Inventory Reduction 118

GlobalTranz

FEBRUARY 13, 2017

Fortunately, your organization can get ahead of the learning curve by knowing what trends in logistics to watch for this year. The Top 6 Trends in Logistics Impacting Shippers in 2016. According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025.

Resource Reduction 82

Resource Reduction Trends Inventory Reduction Material Savings 82

Freightos

JANUARY 15, 2024

For example, the Freightos Baltic Index indicates a 69% increase to North America’s East Coast and a staggering 226% to Northern Europe since the crisis began. It converged with a trend of both airlines and ocean liners investing far more heavily in their fleets over the past fewyears. and bakes really good cookies.

Negotiating Skills 115

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 115

Logistics Bureau

APRIL 4, 2022

At Logistics Bureau, we capture, analyse, and exploit freight benchmarking data to help us when we provide freight contract negotiation services for our clients. It will also make it easier to determine, for example, if you should opt for contract rates over spot rates or vice versa. Freight Benchmarking: How to Do it Right.

Negotiating Skills 82

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

The Logistics Academy

JUNE 11, 2017

Increasingly, supply chains are all about the data. In the most memorable scene in The Graduate not featuring Mrs. Robinson, Dustin Hoffman is offered a one-word piece of advice about how to succeed in business: “Plastics.” If I were writing that scene today, I’d substitute the word: Data. Plastics.”.

Data 40

Data Procurement Analytics Supply Chain Software Procurement Solutions 40

CLX Logistics

JULY 26, 2021

Soon, it’ll almost be a guarantee that if you’re not leveraging modern data analytics properly, you’re losing money or leaving it on the table. So, what are your competitors getting from modern data and analytics solutions that you’re missing out on? Procurement Event Strategies. Data-Informed KPI Development.

Material Savings 40

Material Savings Sourcing Strategies Cost Reduction Inventory Reduction 40

GlobalTranz

JANUARY 18, 2017

Let’s take another look at how procurement, computing power, industry 4.0, cyber security, advanced robotics and automation became top priorities for research, development, and implementation throughout the past year’s operations in the manufacturing industry. . In other words, some manufacturers continue to resist the trend.

Manufacturing Procurement 58

Manufacturing Procurement Supply Chain Software Optimal Sourcing Procurement 58

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

SYSPRO Smarter ERP

NOVEMBER 30, 2021

An enterprise resource planning (ERP) system can automate and provide a systematic approach to creating a forecast from historical data. It provides the facility to analyze forecasting errors, share data between departments such as procurement, identify sales trends and seasonality. Stay Agile, Get Ahead.

Supply Chain Planning Software 105

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

Conger

APRIL 1, 2024

Examples include cleaning and lubricating the moving parts or replacing parts before they wear out. This strategy contrasts with predictive maintenance, which relies on real-time data to predict when a machine might fail. These tools provide valuable data analytics for informed decision-making regarding asset management.

Material Savings 82

Material Savings Expense Reduction Resource Reduction Cost Reduction 82

CH Robinson Logistics

SEPTEMBER 28, 2021

Robinson’s own technology and data from the largest network in the freight industry, help our customers stay on top of the trends that influence their supply chains. As a researcher at Michigan State’s Broad College of Business, I will explain how I arrived at this figure, based on available data. Analysis of employment data.

Trucking 116

Trucking Blog Supply Chain Planning Software Supply Chain Design Software 116

SYSPRO Smarter ERP

FEBRUARY 6, 2023

Many manufacturers have machines that cannot collect and transmit the data needed to support a digitalization initiative and they will need to be modified or replaced. How will you make use of the information Digitalizing your business will result in the generation of large amounts of data.

Digital 52

Digital Manufacturing Procurement ERP Supply Chain Software 52

Logistics Business Magazine

NOVEMBER 24, 2023

Ralf Duester, board member of the Bochum-based SCM software specialist Setlog, shows which trends will be important in 2024. His statements are based not only on discussions with experts from the industry and research, but also on data from Setlog customers who use the SCM tool OSCA. At a glance: The top ten SCM trends in 2024 1.

Supply Chain Planning Software 62

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

Blue Grace Logistics

FEBRUARY 18, 2021

Digitization takes living, real-time data from once futuristic fantasy to practical present-day tools. Having uniform data instantly updated across many locations translates into an efficient organization. The answer is simple: having uniform data instantly updated across many locations translates into an efficient organization.

Sourcing Strategies 62

Sourcing Strategies Digital Efficiency Optimal Sourcing 62

GlobalTranz

NOVEMBER 19, 2018

WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. In 2017, the top three risks for supply chain management were categorized into three groups: War, terrorism and other geopolitical issues Natural disasters affecting supplier facilities Data security/IT incidents. GET YOUR COPY HERE.

Supply Chain Design 75

Supply Chain Design Supply Chains Scenario Planning Optimal Sourcing 75

GlobalTranz

JULY 25, 2017

Do you isolate it to processes involving the internet, or do you take a more progressive approach and combine cloud-based technologies, integration and unmatched customer service into one, data-based solution? Companies Align Business Strategies With Public Trends. For example, companies need to know how long delivery will take.

Supply Chain Design Software 67

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 67

247 Customs Broker

APRIL 17, 2018

Again and again, digitization and data were at the heart of panel and networking conversations. Even headline speakers were professing “data got sexy” and data is now a core strategy for companies looking to succeed. Supply chain leaders are wanting their organizations to be data-driven.

Supply Chain Design Software 28

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Supply Chain Design 28

Talking Logistics

MARCH 7, 2017

Integration of existing systems for data exchange. Easy on-boarding of participants using their existing IT systems and data standards; they should not be forced to use new formats. For example, early transparency on planned pick-up volumes can lead to consolidation opportunities with the forwarder. Share processes.

Supply Chain Planning Software 60

Supply Chain Planning Software Collaboration Manufacturing Procurement Supply Chain Software 60

Logistics Viewpoints

JANUARY 23, 2024

This year, a recurring theme that I saw was about using supply chain data to improve the customer experience across the entire value chain. Here are the ones that stood out to me, especially as it relates to supply chain data. The single data cloud runs on Snowflake, one of Blue Yonder’s partners.

Supply Chain Planning Software 125

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 125

Logistics Bureau

NOVEMBER 15, 2018

The General Data Protection Regulation or GDPR is often seen as a constraint on enterprises, rather than an opportunity. The goal of the GDPR is to give people greater control over their personal data. Although it originates from the European Union, the GDPR applies to enterprises across the globe, as in the following examples.

Supply Chain Design Software 54

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chains 54