Ship Monk

MARCH 21, 2024

Customers are mostly anonymous, and purchases are made or abandoned, seemingly on a whim. Customer relationship management systems collect and centralize all the important data about a business’ customers (and potential customers). With most ecommerce businesses, however, the sales pipeline isn’t nearly as long or as hands-on.

Optimization Software 95

Optimization Software eCommerce Logistics Network Optimization Software Procurement Solutions 95

FreightWaves SONAR

MARCH 28, 2024

SONAR tickers: OTRI.CHI, OTVI.CHI, VOTLT.CHI SONAR’s brokerage customers utilize multiple data sets to determine where the greatest opportunities lie as different markets experience volatility. For example, Baltimore is seeing rejections and more outbound tenders than much of the western U.S.:

Outbound 59

Outbound Procurement Analytics Data Capacity 59

The Logistics of Logistics

MAY 12, 2021

Costco example: they sell different brands and market their brand Kirkland, which now accounts for approximately 25% of their revenue. For retailers, this is an avenue where they can build more intimacy with their customers and capture more data and loyalty. Ecommerce companies have data, retailers don’t. So, what is Costco?

Supply Chain Software 368

Supply Chain Software Logistics Network Optimization Software Procurement Solutions eCommerce 368

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. Adding an SRM layer simply forces you to analyze this data once in a while, and use the information to improve your business.

Negotiate Pricing 83

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 83

Logistics Viewpoints

MARCH 27, 2023

Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. Demand forecasts are improved with access to downstream data (point of sale, Nielsen retail data, and access to competitor promotion schedules). This sounds obvious.

Supply Chain Planning Software 113

Supply Chain Planning Software Scenario Planning Optimal Sourcing Supply Chain Software 113

GlobalTranz

JUNE 11, 2015

We conclude our series on supplier quality management (SQM) today with a look at some case studies and examples of benefits derived from the application of a supplier quality management system. Examples and Case Studies from the Implementation of a Supplier Quality Management System.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Design Software Examples Case Study 94

Logistics Bureau

JULY 11, 2022

These KPIs should all be applicable to your supply chain operation, subject to some tweaking to reflect the precise characteristics of your inbound logistics and purchasing functions. This measurement will require data from the purchase orders placed by your buyers, and that from your receiving operation. ASN Accuracy.

Procurement Analytics 107

Procurement Analytics Procurement Solutions Purchasing Skills Inbound 107

Logistics Viewpoints

SEPTEMBER 20, 2022

In this blog, I’ll try to shed more light on it with examples from our work with our customers. Think of the Lego as the ultimate example of a composable toy. Examples of Composability in Supply Chain Planning Platforms. Here are some real-life examples from the trenches to demonstrate what I mean by flexibility and modularity.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Software Scenario Planning Optimization Software 116

GlobalTranz

NOVEMBER 18, 2016

Big data applications are already impacting supply chain entities around the globe, but some of its most interesting possibilities may have yet to be realized. However, the current progression of big data does give rise to some very tangible benefits to your company within the next five years. 6 Benefits to Using Big Data Applications.

Supply Chain Planning Software 89

Supply Chain Planning Software Data Material Savings Manufacturing Procurement 89

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

FreightWaves SONAR

MARCH 7, 2024

But let’s not overcomplicate things: having the right data beats having a lot of data. (It In this fast-paced, competitive world, it is critical to leverage data to make informed decisions quickly. Much of this data comes before the freight is even picked up. Whoa…what a title, right?

Capacity 52

Capacity Purchasing Skills Data Supply Chain Software 52

Logistics Viewpoints

MAY 23, 2022

The devices will improve visibility by transmitting data on a real-time basis from each container. Tracking devices from Nexxiot and ORBCOMM are being installed that will provide location data based on GPS, measure temperature, and monitor any sudden shocks to the container. It has so many data points.”.

Supply Chain Planning Software 129

Supply Chain Planning Software Optimal Sourcing Supply Chains Procurement Solutions 129

MTS Logistics

APRIL 21, 2023

New Georgia Ports Authority data shows that the port handled 1,184,387 twenty-foot equivalent container units (TEUs) in the first quarter of 2023. When we compare Georgia Ports Authority data to other busy container ports in the U.S., When we compare Georgia Ports Authority data to other busy container ports in the U.S.,

Handling 70

Handling Data Purchasing Examples 70

Freightos

MARCH 23, 2016

Here at Freightos, we’re big fans of making global logistics work better by bringing data online (and especially instant freight quotes!). And, like many other logistics startups , we’re particularly enthusiastic about how Big Data can change the way goods are moved around the world. Getting Smart With Logistics Big Data.

Data 48

Data Logistics Network Optimization Software Supply Chain Software Modeling Software 48

Logistics Viewpoints

SEPTEMBER 19, 2022

A MSCN is a collaborative solution for supply chain processes built on a many-to-many architecture which supports a community of trading partners and third-party data feeds. Nulogy, for example, is a platform for collaboration between consumer goods brands and their copacker and comanufacturing partners. Then there is FourKites.

Supply Chain Design Software 94

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chains 94

Logistics Viewpoints

DECEMBER 1, 2023

The top gifts were clothes and accessories, which about half of those surveyed purchased, and toys, which nearly a third of people surveyed bought. homes in 2022 than UPS, after eclipsing FedEx in 2020, and it is on track to widen the gap this year, according to internal Amazon data and people familiar with the matter.

Supply Chain Planning Software 139

Supply Chain Planning Software Cost Reduction Logistics Network Optimization Software Food and Agriculture 139

SYSPRO Smarter ERP

APRIL 26, 2023

An ERP system brings financial, manufacturing, and business data into one central place so staff and management can have a complete view of how different business areas are working in real-time. Data from the system can then be used to track how corrective actions are making improvements.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing ERP Supply Chain Design Software 98

FreightWaves SONAR

NOVEMBER 9, 2020

This week, learn how freight market participants, especially trucking carriers , rely on both the Ultra-Low Sulfur Diesel Rack (ULSDR) data index and the FUELS index to measure diesel fuel price volatility and to understand its impact on their operations and the freight market at large. What are the ULSDR data and FUELS indices?

Purchasing Skills 52

Purchasing Skills Price Reduction Data Cost Reduction 52

Logistics Viewpoints

MAY 3, 2023

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. For example, for parts that would typically arrive in five days, you might get a lead time of five weeks.

Supply Chain Design 100

Supply Chain Design Supply Chains Scenario Planning Procurement Solutions 100

Logistics Viewpoints

MAY 3, 2021

An SCCN can also access pertinent third-party data feeds. Solutions that fall under the definition of SCCN would include EDI VANs (electronic data interchange value added networks), industry marketplaces, and collaborative supply chain applications that are built on public cloud architectures. That improves warehouse operations.

Supply Chain Software 125

Supply Chain Software Supply Chains Manufacturing Procurement Optimal Sourcing 125

Logistics Business Magazine

MARCH 22, 2024

It is widely believed that Sting’s “Ten Summoner’s Tales” was, in 1979, the first ever item purchased online – marking the birth of ecommerce. But it is a fragmented, complex market; B2B, B2C, and more recently growing C2C purchases combine to create a demand on the global delivery ecosystem that today is still soaring. twas ever thus.

eCommerce 62

eCommerce Logistics Network Optimization Software Supply Chain Planning Software Procurement Analytics 62

Ship Monk

JANUARY 29, 2024

Each time a customer makes a purchase from your ecommerce brand they are giving you two things. And if the purchase doesn’t end up working out for some reason; they’re trusting that your ecommerce brand will take care of it and them. The first is obvious—their business. The second, which is less obvious, is their trust.

eCommerce 84

eCommerce Logistics Network Optimization Software Eliminating Excel in Purchasing Supply Chain Software 84

EazyStock

JUNE 16, 2022

For example, navigation apps, facial recognition, smart assistants, and even robot vacuum cleaners at home use this smart tech. AI can adapt in near-real-time to changing conditions and develop new knowledge by processing more data and revealing more patterns and trends than humans can. AI was once only seen in science fiction.

Supply Chain Software 52

Supply Chain Software Optimization Software Supply Chains Inventory Reduction 52

Ship Monk

NOVEMBER 16, 2023

A multichannel sales strategy simply means that potential customers can purchase your products and engage with your brand in multiple ways, on multiple devices and in multiple places. Here are a few examples. A customer clicks on a buy link in a TikTok video and purchases an item without leaving TikTok.

Inventory Reduction 64

Inventory Reduction Logistics Network Optimization Software Supply Chain Planning Software eCommerce 64

FreightWaves SONAR

AUGUST 14, 2023

High quality data connected in the right way can dramatically improve the speed that information propagates through an organization and accelerate the cadence of decisions. Here’s a small-scale, tactical example: a truckload shipment inbound to your distribution center is running late. Chart: FreightWaves SONAR.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 52

Logistics Viewpoints

JUNE 8, 2022

For example, in a recent CNBC interview Ben Bernanke noted that the Federal Reserve likely looked at the unemployment rate and total employment in early 2021 and inferred that there was plenty of slack in the labor market. For example, interest rate hikes tend to deter lower priority investments and those that require debt financing.

Scenario Planning 131

Scenario Planning Analysis Events Purchasing Skills 131

Logistics Viewpoints

JANUARY 9, 2023

Infor is one example of a supplier that offers both advanced visibility and supply chain planning. If things are normal, for example there are no exceptions in the forecast, there are no ‘situations’ that are out of control, then the system will just move you forward day-to-day. You don’t need to touch it.”. Event Intelligence.

Supply Chain Planning Software 148

Supply Chain Planning Software Scenario Planning Supply Chain Software Supply Chains 148

Talking Logistics

FEBRUARY 20, 2018

If you’ve ever purchased a transportation management system (TMS) for your organization – or any enterprise software – you know that the term “software as a service” (SaaS) gets thrown around a lot. The downside is that the customer (the tenant) doesn’t have access to the database because it would open up data across all customers.

Modeling Software 61

Modeling Software Logistics Network Optimization Software Modeling Data 61

Logistics Viewpoints

OCTOBER 2, 2023

FourKites believes they have the largest repository of supply chain data in the world. To get visibility to whether a load will be on time and in full, a lot more data is required. A sales order, for outbound tracking, or purchase order for inbound tracking, becomes the unique identifier. What accounts for FourKites Growth?

Supply Chains 131

Supply Chains Inventory Reduction Cost Reduction Procurement Solutions 131

Logistics Business Magazine

DECEMBER 13, 2023

” To pinpoint the ‘National Day of Panic’ for 2023, Gophr number crunchers analysed; the delivery slots for all major UK supermarkets, train timetables for all major train routes out of London in December, historic RAC and AA data for travel patterns during the festive period, as well as Gophr’s proprietary delivery data.

Training 63

Training Course Availability Analysis 63

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 Viewpoints

JUNE 9, 2022

Transparent data prepared especially for your logistics operation will get you easily through your peaks. This warehouse runs at a perfect optimum with fixed capital in the form of inventory balanced perfectly with sales and purchasing, and all the items perfectly distributed to the various storage areas of the warehouse.

Optimization Software 134

Optimization Software Logistics Network Optimization Software Supply Chain Planning Software Modeling Software 134

AIMMS

NOVEMBER 12, 2019

So should the purchasing process. . RFIs tend to work well for certain industries (like government) or for purchasing equipment and industrial assets, bu t t hey often fall short in helping supply chain teams select a new software vendor. There is valuable time and effort put in by both the supplier and the purchasing party.

Supply Chain Planning Software 101

Supply Chain Planning Software Procurement Solutions Modeling Software Supply Chain Software 101

Logistics Business Magazine

DECEMBER 8, 2022

His statements are based not only on numerous conversations with economic experts and scientists, but also on data from Setlog customers who use the SCM tool OSCA. In the fashion and fast-moving consumer goods sectors alone, these are more than 100 brands, including, for example, Marc O’Polo, Jack Wolfskin, KiK and Wenko.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Purchasing Skills 62

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. Stay Agile, Get Ahead.

Supply Chain Planning Software 105

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

Logistics Viewpoints

MARCH 20, 2023

Data is stored just like you might sketch ideas on a whiteboard. Those insights are driven from data connections across the vast amounts of data these companies have access to. Planners in China rely on different data sources and operate with different business practices than those in North America.

Supply Chain Planning Software 125

Supply Chain Planning Software Modeling Software Procurement Solutions Supply Chain Software 125

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