GlobalTranz

FEBRUARY 2, 2015

So why do we feature content related to Vendor Managed Inventory? Distributors will inbound to a manufacturer the inventory needed and transportation management, especially inbound freight management, efficiency is paramount to an effective vendor managed inventory model. ” Vendor Managed Inventory Model: A Quick Back Story.

Vendor Strategies 94

Vendor Strategies Inventory Reduction Modeling Software Inventory 94

GlobalTranz

FEBRUARY 17, 2016

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. In the first part I put forth 6 areas of focus in order to reduce logistics costs. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well.

Inventory Reduction 65

Inventory Reduction Cost Reduction Waste Reduction Vendor Strategies 65

TransAudit

DECEMBER 13, 2023

By embracing a circular supply chain, industry leaders can help: Eliminate waste and pollution Circulate products and materials at their highest value Regenerate nature As organizations continue to optimize supply chains , this process can provide significant benefits. A circular supply chain can reduce greenhouse gas emissions.

Supply Chain Design Software 88

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chains 88

CLX Logistics

JULY 13, 2020

So, first thing, hire a benchmarking service to provide you with the data you need. Be diligent about selecting a benchmarking service that knows and understands your freight, and has a large pool of current data. It’s going to take a combination of tools and talent. Chemical manufacturers need to be careful here, however.

Cost Reduction 40

Cost Reduction Vendor Strategies Price Reduction Strategy 40

Logistics Viewpoints

APRIL 24, 2023

The cloud also allows access to Big Data, which greatly improves the platform’s ability to do machine learning. The supply chain design solution, for example, continues to grow in depth and usability. Virtually every enterprise application vendor claims to offer a platform.

Supply Chain Design Software 121

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 121

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

Logistics Viewpoints

FEBRUARY 26, 2024

The organization realized that everything they had saved over the last 10 years by contracting with a preferred vendor, they lost in three months when they had to go off contract and find alternative suppliers. Agility and Resilience Dr. Runkle gave a few examples of the varied ways in which they use the solution to improve their operations.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 150

Globalior

APRIL 30, 2021

Today there are several off-the-shelf tools available to make this work simpler and much more accurate. For example, the business must decide maximum and minimum rates and thereafter set a priority on timeliness or cost. This can be done by deploying time studies and other such tools.

Optimization Software 52

Optimization Software Cost Reduction Resource Reduction Vendor Strategies 52

Now, That's Logistics

SEPTEMBER 14, 2021

By putting data into the hands of the companies, business partners, and customers that want it, supply chain visibility helps all stakeholders track products from the point of manufacture to the final destination—and all points in between. 5 Good Supply Chain Visibility Strategies. Break down your data silos.

Supply Chain Software 78

Supply Chain Software Supply Chains Logistics Network Optimization Software Inventory Reduction 78

Ship Monk

AUGUST 22, 2022

SKUs allow business owners to keep track of their products in terms of managing inventory levels, differentiating between products, and tracking products from vendor to customer. SKUs are unique to your business and can be customized to fit your needs and the needs of your vendors and customers. SKU Architecture – Breaking Down SKUs.

Inventory Reduction 52

Inventory Reduction eCommerce Inventory 3PL 52

Trinity Logistics

AUGUST 4, 2020

Chemical manufacturers collect and use a lot of data in their supply chain. They deal with data on their products, customers, transportation, storage, operations and more. Acquiring that data is not hard but managing and utilizing that information to be able to analyze your business is the challenge. Managed Services.

Supply Chain Planning Software 65

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chains 65

Logistics Bureau

AUGUST 7, 2023

Simply put, there is no more effective way to ensure accurate ecommerce inventory control than to invest in IM software that can integrate with all your sales channels to provide real-time visibility, centralise inventory data, and automate stock updates. Specific products subject to over and understocking. Book a free consultation.

Inventory Reduction 89

Inventory Reduction eCommerce Inventory Procurement Solutions 89

GlobalTranz

APRIL 25, 2017

3PLs Leverage Technology and Data to Improve Operations. The concept of actionable intelligence is about using technology and software to ensure company goals reflect industry strategy and demands. This involves the combination of data capture, analytic and dashboarding tools to make decisions easier. Why Work With a 3PL?

Supply Chain Software 62

Supply Chain Software Cost Reduction Resource Reduction Vendor Strategies 62

SYSPRO Smarter ERP

AUGUST 3, 2022

As a result, the entire organization gains agility, increases efficiency, and cuts costs. For example, the incorporation of IoT into just about every machine, component part, and finished good inventory item enable several powerful capabilities within a modern ERP solution. As a result, the finance team can become much more agile.

Optimization Software 105

Optimization Software Supply Chain Software ERP Procurement Solutions 105

Logistics Business Magazine

MAY 10, 2024

Powered by data-driven virtual models that can simulate real-world operations, digital twins are allowing the sector to predict the future and plan for it. Reducing uncertainty Postal and logistics processes are beholden to a multitude of factors, many of which are outside the control of a business.

Digital 58

Digital Logistics Network Optimization Software Modeling Software Sorting 58

Logistics Viewpoints

OCTOBER 11, 2021

Jackson Wood, director of industry strategy for global trade intelligence at Descartes. I had interesting conversations with Jackson Wood- director of industry strategy for global trade intelligence at Descartes, and Linda McKee – director of solution management for global trade services at SAP. Both are leaders in this market.

Compliance 117

Compliance SAP Vendor Strategies Sourcing Strategies 117

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 68

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Supply Chain Design 68

RPA Labs

JUNE 2, 2022

Logistics service providers continue to face rising pressure from customers, vendors and third-party logistics providers. To improve efficiency at your back office, you have to strike the right balance between people, technology, processes and data. It also means implementing processes that cut down on inefficiencies and redundancies.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Software Optimization Software Efficiency 52

Stord

JANUARY 11, 2022

." - Bradley Weill, VP Product Managing More and More Partners "Managing a supply chain requires working with multiple vendors for physical or technical solutions. It’s more and more difficult for companies to see value from the investments already made, such as in a BI tool, because their systems remain disconnected.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Optimization Software Optimal Sourcing 78

AIMMS

SEPTEMBER 17, 2019

Some tools may be acquired by competitors, who then incorporate them in a vastly more expensive package. The dilemma here often is: do I take the path of least resistance and upgrade to my current vendor’s costly new package, or do I risk running my business on a legacy solution a bit longer? – Tweet this.

Supply Chain Design Software 102

Supply Chain Design Software Modeling Software Supply Chain Software Supply Chain Design 102

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. Today, 97.5%

Supply Chain Planning Software 94

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

GoShip Blog

FEBRUARY 20, 2023

For example, you sell silk-printed shirts. Some great examples of 4PL providers are GoShip , ShipHero, and Shopify. Data visibility Through sophisticated software and data analysis tools, your 4PL provider can provide all the data you need to improve your business.

4PL 52

4PL 3PL Supply Chain Software Supply Chain Design Software 52

Conger

MAY 24, 2023

Keep reading to find out: What automatic replenishment is How it works Who can benefit from it Its advantages and disadvantages The different types Best practices for choosing a system and vendor And lots more! Examples of retailers that use automatic replenishment are Walmart, Dollar Tree, Target, Costco, and Tesco. Let’s dive in!

Replenishment 40

Replenishment Supply Chain Planning Software Supply Chain Design Software Optimization Software 40

Trinity Logistics

OCTOBER 31, 2021

Transportation Management software offers you a way to view insightful data, gain visibility, and better manage all the moving parts in the shipping process. While a TMS might seem daunting and expensive, it’s become an essential tool for businesses to be successful. How do you gather and view data? your logistics? Automation.

Optimization Software 98

Optimization Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 98

Logistics Bureau

APRIL 4, 2022

At Logistics Bureau, we want to help you with that, so we’re publishing this brief guide to help you if you haven’t already included freight benchmarking in your management strategies or want to benchmark more effectively than you are now. How Can Your Business Benefit from Freight Benchmarking? Freight Benchmarking: How to Do it Right.

Negotiating Skills 82

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

SYSPRO Smarter ERP

MAY 10, 2022

Managers should be able to analyze the costs of customized orders to identify where improvements can be made in labor hours worked, and other areas where costs can be lowered, such as reducing waste. Demand forecasting : Data on sales history should be available to produce forecasts.

Manufacturing Procurement 111

Manufacturing Procurement ERP Procurement Solutions Optimal Sourcing 111

Conger

JULY 22, 2021

For example, these systems can handle tasks ranging from: Receiving goods. For example, a Shopify storefront is an eCommerce platform. A Shopify storefront is an example of an eCommerce platform. Take our Shopify example again. You can track data about the latest orders, shipments, or any other activity on your inventory.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software eCommerce Logistics Network Optimization Software 52

Logistics Viewpoints

APRIL 4, 2022

For some customers, they manage the inventory using a vendor managed inventory program. Customization is provided for 5 different supply chains (for example, make-to-order, make-to-stock, etc.) The SCRM tool is continually reading hundreds of thousands news sites, social media, and other sources to search for these terms.

Supply Chain Transformation 117

Supply Chain Transformation Supply Chain Planning Software Supply Chain Design Software Scenario Planning 117

GlobalTranz

MARCH 1, 2018

More recently, with the rise of interconnected systems, the analytics to derive value from those systems seems, and decreased costs, RFID is resurrecting as a solution for increasing supply chain management (SCM), visibility into processes, and reducing inventory tracking costs. Two Specific Examples of RFID in the Supply Chain?

Supply Chain Design Software 66

Supply Chain Design Software Supply Chain Software RFID Supply Chain Design 66

FreightWaves SONAR

JANUARY 25, 2021

Let’s teach you what each index is and what trucking KPIs are built using the data within the freight indices. . Maintenance expenses include all internal (shop labor, parts, supplies and tools) and external (outside vendor parts, labor and supplies) expenses. Maintenance Expense per Mile (MAINT).

Optimization Software 98

Optimization Software Optimization Trucking Expense Reduction 98

AIMMS

SEPTEMBER 17, 2019

Some tools may be acquired by competitors, who then incorporate them in a vastly more expensive package. The dilemma here often is: do I take the path of least resistance and upgrade to my current vendor’s costly new package, or do I risk running my business on a legacy solution a bit longer? – Tweet this.

Supply Chain Design Software 62

Supply Chain Design Software Modeling Software Supply Chain Software Supply Chain Design 62

GlobalTranz

SEPTEMBER 7, 2016

The supply chain is in the midst of a digital disruption, with new technology and tools promising to add efficiency and enhance accuracy. Instead of tracking down a person, team members can easily access all critical data about any company asset by entering the asset’s identification number in a software application.

Supply Chain Software 54

Supply Chain Software Logistics Network Optimization Software Collaboration Supply Chains 54

GlobalTranz

JUNE 15, 2017

The latest news from the world of high technologies: Microsoft is going to store data as DNA. The data science is gaining popularity together with the tremendous growth of information, generated in the world. With an application of statistical methods, the causes of errors are reduced or are eliminated.

Buyer Training 84

Buyer Training Logistics Network Optimization Software Vendor Strategies Supply Chain Software 84

Trinity Logistics

NOVEMBER 17, 2021

In this blog, we’ll dive into what truck detention is, why it happens, how it impacts truck drivers and shippers, and how shippers can help reduce dock delays and detention. WAITING, WAITING, WAITING… According to a recent Trucker Tools whitepaper, wait times at shipper and receiver locations have increased compared to a year ago.

Supply Chain Planning Software 89

Supply Chain Planning Software Cost Reduction Supply Chain Software Inventory Reduction 89

GlobalTranz

SEPTEMBER 12, 2016

For example, transportation management often focuses on the journey of products after manufacturing. The answer is closely linked with how a company markets and contacts suppliers and vendors, reports Srikanth Pinagali. Communications Strategy – The communications strategy is how a company decides to make a product available.

Manufacturing Procurement 101

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 101

Globalior

JUNE 26, 2020

Procurement: Procurement may be able to work from home, however a big part of a procurement executive’s job is vendor management which is best done face to face. Data Analysis: Some data analysts will do well working from home. However in many companies, a data analyst also has to do extensive data entry.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 52

Blue Grace Logistics

FEBRUARY 28, 2019

While communication in varied forms and frequency is essential for all departments, it is extremely crucial for the executors of the organization’s plans and strategies – the Logistics Department. The procurement team needs information from logistics when new vendors are to be hired or old contracts are due for renewal.

Supply Chain Planning Software 49

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimization Software 49