Blue Grace Logistics

MAY 7, 2019

The CFO is also responsible for identifying opportunities to reduce operating costs without sacrificing the quality of the products and services offered by the company. Supply chain and transportation are two of the biggest cost centers in an organization. How quickly can we identify and address challenges in response to disruption?

Negotiating Skills 48

Negotiating Skills Purchasing Skills Supply Chain Planning Software Supply Chain Software 48

Freightos

FEBRUARY 4, 2020

The concept of an index, reporting the market price for a specific good, was developed precisely for this reason. Its value explains the existence of the S&P 500 for nearly 95 years, the power of the Baltic Dry Index for determining bulk shipment prices, and even poultry indices. Sources: FBX and SGX.

Optimal Sourcing 94

Optimal Sourcing Purchasing Skills Procurement Analytics Optimization Software 94

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

SYSPRO Smarter ERP

JULY 4, 2022

According to the recent SYSPRO global research survey, an enormous 82 percent of Fabricated Metal Manufacturers experienced supply chain and material handling disruptions over the past twelve months. 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

Logistics Viewpoints

AUGUST 29, 2022

In the case of network-based risk management solutions, a network of users is connected to carefully curated real-time alerts generated by connections to a huge number of online publications, social media feeds, and third-party purchased data. One of the players in this market, Resilinc, is monitoring 105 million data sources.

Supply Chain Planning Software 116

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

Logistics Business Magazine

AUGUST 11, 2023

Even though many ecommerce merchants use data-backed buying personas, that provide insight into the purchasing decisions of their customers, many are only truly starting to get to grips with the next part associated with buying personas – and that is appreciating that consumers have delivery personas too.

Groups 64

Groups eCommerce Purchasing Skills Procurement Analytics 64

Logistics Business Magazine

MAY 24, 2018

A new survey analyses the maturity levels of large UK and German companies in their efforts to digitise their supply chain ecosystems – with a focus on sustainability and transparency drivers. The survey among 150 supply chain decision makers* reveals a major difference between Germany and the UK.

Supply Chain Software 32

Supply Chain Software Supply Chain Planning Software Survey Supply Chains 32

GlobalTranz

NOVEMBER 21, 2017

In a recent study, MIT found that companies that focus on 5 key initiatives to improve their supply chain data can have a big impact on their bottom line. Obstacles to fully utilizing analytics included inaccurate data , cost, and lack of timely data. Supply chain data initiatives need a top-down mandate.

Supply Chain Software 69

Supply Chain Software Procurement Analytics Supply Chains Data 69

Ship Monk

FEBRUARY 3, 2024

These people are genuinely interested in your product — so much so, that they have purchased your products. Your products are different, your sales cycle might be longer or shorter, your customers are different — so it’s useless to compare your conversion rate, for example, to an industry average. Show me that you care what I think.

eCommerce 81

eCommerce Tips Procurement Solutions Logistics Network Optimization Software 81

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

Logistics Viewpoints

SEPTEMBER 7, 2022

Mr. Nelson points out that it is possible for a sourcing problem deep in a supply chain to halt production for BD. Only through this extensive mapping can you see that it may be because there’s a Tier 5 supplier who is not able to get the rare earth mineral out of China that goes into the microprocessor (we purchase).

Supply Chain Software 123

Supply Chain Software Supply Chains Optimal Sourcing Procurement Solutions 123

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. The Trade War Impact.

Supply Chain Software 71

Supply Chain Software Supply Chains Purchasing Skills Manufacturing Procurement 71

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. In 2014, a survey by Tompkins Consortium delivered a shocking revelation. Built strategic partnerships with vendors to drive down prices. Supply Chain Strategy.

Supply Chain Design Software 118

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

Logistics Viewpoints

NOVEMBER 18, 2021

Expectations for short delivery times, 100% fulfillment accuracy, and large product selection and availability have become a key deciding factor on which customers make their purchase decisions. The time spent navigating a warehouse can account for more than 30% of the total cost of labor. Five fast start opportunities for AI.

Optimization Software 153

Optimization Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 153

WorkWave

MARCH 4, 2020

Every business owner will have specific knowledge, skills, or experience that will be advantageous in building and managing a business. It is important to utilize both primary research and secondary research to diversify data. Primary Research can be conducted via: Interviews; Surveys; Questionnaires; Focus/user groups; Test markets.

Tips 52

Tips Purchasing Skills Sourcing Strategies How To 52

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. In 2014, a survey by Tompkins Consortium delivered a shocking revelation. Built strategic partnerships with vendors to drive down prices. Supply Chain Strategy.

Supply Chain Design Software 122

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

EazyStock

JUNE 21, 2022

Predictable business cycles and stable demand allowed supply chain professionals to focus less on solving challenges and more on cost reductions. Cloud computing, often referred to as ‘the cloud’, is simply the process of running programs and storing data over the internet rather than using a local or personal server.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimization Software Modeling Software 52

Logistics Viewpoints

FEBRUARY 3, 2022

Supply chains depend on the flow of information to facilitate the flow of goods, but since information is never perfect supply chains must be trade-off machines, constantly weighing cost against quality, cash, and increasingly carbon. A change to one link (e.g. on-time delivery).

Inventory Reduction 174

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Inventory 174

Logistics Viewpoints

MAY 10, 2022

with one of the highest costs of living. For example, related to warehouse technology, a recent Lucas Systems industry study found 89% of respondents agreed that implementing artificial intelligence-based software within distribution centers can provide a competitive advantage. Does it require manual data entry?

Vendor Strategies 109

Vendor Strategies Waste Reduction Cost Reduction Optimization Software 109

247 Customs Broker

APRIL 6, 2018

More than 500 qualified respondents to our “34th Annual Salary Survey” report that their salaries moved up only incrementally last year. This year’s survey again draws the most feedback from successful logistics managers who have been climbing the executive ladder for some time. Now I’m charged with purchasing and releasing them too.

Survey 28

Survey Negotiating Skills Supply Chain Planning Software Manufacturing Procurement 28

Ship Monk

AUGUST 8, 2023

For virtually every business, customer service is a cost center. The objective should be to keep those costs low. The MonkProtect post-purchase suite also includes a branded tracking page, so participating customers don’t have to go to a carrier’s website to track their orders. Centralize customer interaction data.

Ordering 52

Ordering Logistics Network Optimization Software Purchasing Skills Material Savings 52

Logistics Business Magazine

JULY 1, 2022

Over the past two years, many things have changed fundamentally in the industry, including purchasing and consumer behaviour. That is why we have conducted extensive surveys and analysis. Q: Can you give some specific examples? BB: We bring together all of a customer’s data points.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Optimization Software Modeling Software 62

Logistics Business Magazine

JUNE 13, 2022

Over the past two years, many things have changed fundamentally in the industry, including purchasing and consumer behaviour. That is why we have conducted extensive surveys and analysis. Q: Can you give some specific examples? A: We bring together all of a customer’s data points.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Modeling Software Procurement Solutions 62

Freightos

NOVEMBER 21, 2018

For many shippers, air freight wins out on speed and convenience and FCL (full container load) seems a better deal on cost. Air freight’s reputation of convenience, ready availability and reasonable pricing took a hit last peak season when demand outstripped supply. As one example, let’s use sales. The Man In The Middle.

Purchasing Skills 48

Purchasing Skills Procurement Solutions Supply Chain Software Price Reduction 48

Logistics Viewpoints

FEBRUARY 8, 2022

As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. For example, they might browse products online, but visit a brick-and-mortar store to finalize their selection. due to the higher costs associated with online selling.

Optimal Sourcing 112

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 112

247 Customs Broker

MARCH 1, 2018

If there were one clear-cut conclusion to be drawn from our “2018 Warehouse and Distribution Center (DC) Equipment Survey,” it would be that the outlook for spending is bullish. At the same time, the survey revealed growing interest in the use of relatively new types of technology, including robotics, drones and smart glasses.

Supply Chain Software 28

Supply Chain Software Survey Automation Supply Chain Planning Software 28

Blue Grace Logistics

JUNE 13, 2022

Nearly two-thirds of businesses responding to the 2020 Gartner Sustainability Survey said they were pressured by customers to invest in sustainability initiatives while 48% said pressure was coming from investors and 48% cited regulators. Leaf Logistics Inc. CEO Anshu Prasad compares what his firm is creating to a power grid. DROP AND HOOK.

Supply Chain Design Software 62

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

Locus

MARCH 28, 2022

For example, clothing stores enable customers to browse and try out the merchandise in person, get helpful suggestions from the human sales staff, and receive a seamless checkout experience with automated cashiers. Myntra’s Roadster Go (India) store is a fine example of this category.

Cost Reduction 52

Cost Reduction Supply Chain Planning Software Inventory Reduction Price Reduction 52

GlobalTranz

APRIL 5, 2016

However, the economy is on the mend, and the need for immediate cost savings and lean solutions is starting to take the backburner to how 3PL Logistics Companies could benefit shippers through long-term relationships. The needs of yesteryear-clients were quite simple: get costs under control quickly.

Negotiating Skills 55

Negotiating Skills Logistics Network Optimization Software 3PL Purchasing Skills 55

CLX Logistics

APRIL 27, 2016

As digitization continues to modify the global supply chain landscape, its unprecedented data sources and solutions will lead to not only the demise of disparate information systems, but to the rise of true, end-to-end, supply chain visibility. Track, Trace and Collect Data from Key Partners.

Optimal Sourcing 40

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 40

Logistics Bureau

APRIL 21, 2020

Major US wireless carriers such as Comcast, Verizon, and AT&T, are lifting data caps to allow consumers unlimited usage without extra cost, cancelling late-payment fees, and launching programmes to provide Internet service to low-income citizens. Examples of Online Ordering Issues.

Ordering 62

Ordering Supply Chain Planning Software Resource Reduction Video 62

GlobalTranz

JANUARY 10, 2017

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

GlobalTranz

MARCH 17, 2016

Purchasing and supply executives predict that the global manufacturing industry will continue to expand. Predictive Data Analytics. Extrapolations from historic sales data are making demand forecasts more objective. Extrapolations from historic sales data are making demand forecasts more objective. The ISM projects a 4.1

Manufacturing Procurement 64

Manufacturing Procurement Supply Chain Software Supply Chain Design Software Supply Chain Planning Software 64

GlobalTranz

AUGUST 18, 2015

Companies based on assets have had years of experience in purchasing trucks and managing warehouse inventories. Alternatively, intermediary-based, or non-asset 3rd Party Logistics Companies have waged a “near-war” with various carriers to negotiate cheaper rates and more rapid delivery times. Live tech support.

Logistics Network Optimization Software 96

Logistics Network Optimization Software Procurement Analytics Inventory Reduction Supply Chain Software 96

GlobalTranz

DECEMBER 17, 2014

Today we pick up our series on all things Electronic Data Interchange or EDI by busting the common myths around implementing an EDI Integration program. The truth is, many myths have circulated throughout the business world, and electronic data interchange is the focus of quite a few of these myths. Myth: It’s Too Expensive.

Supply Chain Software 93

Supply Chain Software Sourcing Strategies Expense Reduction Cost Reduction 93

GlobalTranz

AUGUST 4, 2015

They should offer controlled and accurate data that is presented in a manner that speaks specifically to your organization's objectives and initiatives, producing KPIs specific to departments responsible for their consideration. Total Cost. The only meaningful measurement of total cost is on a cash basis. Total Cycle Time.

Manufacturing Procurement 99

Manufacturing Procurement Procurement Analytics Optimization Software Optimization 99

GlobalTranz

NOVEMBER 10, 2015

Transportation costs make up 60 percent of overall logistics expenses for all shippers and 3PLs. For these companies, the use of a dedicated transportation management system, such as Cerasis™ Rater , can be deployed to lower transportation costs across the entire supply chain.

Supply Chain Planning Software 90

Supply Chain Planning Software Optimization Software Inventory Reduction Cost Reduction 90