Blue Grace Logistics

OCTOBER 14, 2020

With this same principle applied there cannot be one standard transportation budget methodology applied while planning for 2021 The ability to respond to these challenges will determine the future strategies required in 2021 to ensure recovery and possible profitable performance. Predictive Analytics.

Resource Reduction 62

Resource Reduction Negotiating Skills Cost Reduction Supply Chain Planning Software 62

SYSPRO Smarter ERP

OCTOBER 27, 2021

In 2018 a Forbes magazine published an article entitled “Every company is a data company” in which the authors urged all companies to use data as a core asset. That is now becoming a reality as businesses come to realize that data is the most significant asset they possess. Growth of IIoT. Quality control.

Manufacturing Procurement 111

Manufacturing Procurement Sourcing Strategies Supply Chain Planning Software Optimal Sourcing 111

Logistics Viewpoints

MAY 22, 2023

Moreover, this exercise might need to be repeated several times depending on how the war proceeds. To solve this problem, we’ll need to do three things: understand the data, aggregate the data, and define the constraints. First comes the data and how well we understand it. Their time frame was short and resources limited.

Supply Chain Design Software 107

Supply Chain Design Software Supply Chain Design Supply Chain Software Modeling Software 107

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. Investing in an ERP system and other business systems is an expensive exercise and by not investing resources into training and education, manufacturers will not get the full return on investment.

Course 105

Course Buyer Training Waste Reduction Expense Reduction 105

Logistics Bureau

SEPTEMBER 4, 2023

We’ll begin with a look at pricing strategy. Do You Lack Confidence in Your Pricing Strategies? If not, your pricing strategies could inadvertently limit your profit margins , either by throttling revenue or gifting sales to your competitors. Are You Missing Opportunities in Pricing Strategy?

Negotiating Skills 89

Negotiating Skills Purchasing Skills Cost Reduction Analysis 89

WorkWave

SEPTEMBER 21, 2021

Rather than simply marching from house to house knocking on doors, sales representatives need to engage specific strategies to ensure that each person who is visited understands why they need the product at hand. One effective strategy is to paint a vivid picture of solving a problem. Experience Empathy and Understand Emotions.

Resource Reduction 40

Resource Reduction Material Savings Cost Reduction Buyer Training 40

SYSPRO Smarter ERP

JUNE 15, 2022

Manufacturing Operations Management (MOM) together with an ERP system allows manufacturers to collect the data, visualize and analyze it, and make decisions. But to understand how to do that requires information, and therefore the question is how to get accurate data to check that the plant, and the people on the shop floor, are performing?

Optimization Software 98

Optimization Software ERP Material Savings Cost Reduction 98

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

Shipping and Freight Resource

JUNE 29, 2020

With the right packaging, strategy, and tools, you can cut shipping costs by as much as 60%. Start with shock testing to gather data about your normal shipping routes. But you can exercise more control over shipping and cargo damage than you might be aware as long as you have the right tools at your disposal.

Material Savings 116

Material Savings Cost Reduction Expense Reduction Resource Reduction 116

Logistics Viewpoints

JULY 22, 2021

As product flows rapidly shifted and hard baked assumptions about lead times and sourcing locations were put to test, users across many organizations bypassed their planning systems and turned to excel sheets, internal data science teams or non-traditional supply chain vendors who could deliver AI based solutions at a faster turn.

Supply Chain Planning Software 146

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Scenario Planning 146

Logistics Viewpoints

SEPTEMBER 7, 2022

In a conversation with Everstream’s chief data officer, the executive told this writer that the company was using artificial intelligence (AI) and Big Data to solve this n-tier problem. The company had access to huge amounts of trade data, for example. It is not enough to have data; you need the right kind of data!

Supply Chain Software 123

Supply Chain Software Supply Chains Optimal Sourcing Procurement Solutions 123

Logistics Viewpoints

SEPTEMBER 28, 2021

Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility. Matt has led high-impact teams that implemented logistics strategies and systems at P&G, Nestle, Kraft, Anheuser-Busch Inbev, Tyco, Argos and Nokia across North America, Western Europe and Latin America.

Supply Chain Planning Software 113

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 113

Blue Grace Logistics

MARCH 26, 2019

It will enable data sharing among all functions, highlight errors and outliers in the data, and speed up data analysis thus increasing efficiency, improving accuracy and lowering operating costs. Refined Analytics: Logistics is a data-intensive function.

Supply Chain Software 54

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

Logistics Bureau

JULY 18, 2022

As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy.

Inventory Reduction 106

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 106

Logistics Bureau

OCTOBER 29, 2020

This is a question that frustrates businesses if they only have data that is anecdotal and subjective, and lack the quantitative hard data that really tells them what’s going on. Good Data is Key to Success with SCOR. Sometimes it’s Good to Look Inward Too. 3 Good Reasons to Start With Internal Benchmarking.

Supply Chains 79

Supply Chains How To Scenario Planning Cost Reduction 79

Infosys Supply Chain Management

JULY 26, 2013

Cloud & Big Data. « Collaborative Platform for Enterprise of Future | Main | Key Asset Management trends in Oil & Gas Industry » Importance of Proactive Master Data Maintenance in SAP SCM Support. These 3 master data elements contributed to almost 50-60% of planning issues. Business Process Outsourcing.

Supply Chain Planning Software 29

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 29

GoShip Blog

MARCH 21, 2023

How to Create an Effective Inbound Freight Management Strategy To ensure that your inbound freight systems are seamless and efficient, you will have to pour time and energy into implementing the new processes into your business. Exercise patience when asking freight providers to take on new lanes. Communicate in a timely manner.

Inbound 52

Inbound Optimization Software Material Savings Optimization 52

Infosys Supply Chain Management

MAY 21, 2012

Cloud & Big Data. « How to make Preventive Maintenance a way of life in SAP APO Support Projects - Part 1 | Main | How to make Preventive Maintenance a way of life in SAP APO Support Projects - Part 2 » Confluence of IT and Business Strategy for a Transformation program. Business Process Outsourcing. Customer Service.

Sourcing Strategies 38

Sourcing Strategies Resource Reduction Supply Chain Planning Software Supply Chain Software 38

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

Logistics Bureau

AUGUST 1, 2022

Often, in our experience, the problem is a human one… It’s not the data, not the process, not the technology, or the strategy, but the people. Pundits typically emphasize data and digital technology when proselytising for the S&OP concept. But what makes it so challenging to implement S&OP successfully?

Supply Chain Planning Software 104

Supply Chain Planning Software Scenario Planning Operations Supply Chain Design Software 104

Logistics in War

DECEMBER 2, 2019

Moreover, the factors and issues described here deal with the complexity of generating institutional strategy (as distinct from a military or operational strategy) and leadership within a complex environment. Realised strategy is usually a combination of what was intended and what was learned along the way. Strategic failure.

Negotiating Skills 50

Negotiating Skills Sourcing Strategies Resource Reduction Military 50

Logistics Bureau

OCTOBER 19, 2020

This is a question that frustrates businesses if they only have data that is anecdotal and subjective, and lack the quantitative hard data that really tells them what’s going on. Good Data is Key to Success with SCOR. Sometimes it’s Good to Look Inward Too. 3 Good Reasons to Start With Internal Benchmarking.

Supply Chains 62

Supply Chains How To Scenario Planning Cost Reduction 62

Talking Logistics

APRIL 6, 2017

While these approaches can certainly deliver a significant return on investment (ROI), other strategies that can positively impact their transportation network are often overlooked – for example, thinking more strategically about capacity. Do you have a resilient and “stress-able” routing guide?

Capacity 60

Capacity Price Reduction Sourcing Strategies Cost Reduction 60

Logistics in War

NOVEMBER 13, 2017

Moreover, the factors and issues described here deal with the complexity of generating institutional strategy (as distinct from a military or operational strategy) and leadership within a complex environment. Realised strategy is usually a combination of what was intended and what was learned along the way. Strategic failure.

Negotiating Skills 69

Negotiating Skills Sourcing Strategies Resource Reduction Military 69

FourKites

JANUARY 7, 2021

They invest in new technologies and data-driven processes that allow them to exercise precise control over the business. Empower employees to make decisions and drive your strategy forward at all levels of the organization. Adopting Agile Supply Chain Management Strategies.

Supply Chain Planning Software 52

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

UL EHS- Sustainability

OCTOBER 31, 2019

But when organizations are unsure of the root cause of an operational issue, assigning employee training can offer dramatic insight and measurable data leading to enhanced performance, improved production and even internal cost savings. The best training strategy in the world can’t fix operational issues. Thank you, big data.)

Buyer Training 40

Buyer Training Optimal Sourcing Expense Reduction Cost Reduction 40

Logistics in War

MARCH 23, 2018

Moreover, the factors and issues described here deal with the complexity of generating institutional strategy (as distinct from a military or operational strategy) and leadership within a complex environment. Realised strategy is usually a combination of what was intended and what was learned along the way. Strategic failure.

Negotiating Skills 52

Negotiating Skills Sourcing Strategies Resource Reduction Military 52

Ship Monk

AUGUST 2, 2023

If you don’t have anything unique to talk about, then perhaps you should reconsider your product strategy. Selling on Amazon may or may not be part of that strategy, but be sure you understand the differences between Fulfillment by Amazon (FBA) , Fulfilled by Merchant (FBM) , and Seller Fulfilled Prime (SFP) before committing to any of them.

eCommerce 52

eCommerce Material Savings Cost Reduction Inventory Reduction 52

Logistics Bureau

JANUARY 7, 2020

Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. In other words, the majority did not recognise the need for close alignment between supply chain and general business strategies.

Supply Chain Design Software 122

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

Logistics Bureau

MARCH 30, 2020

Once this exercise is completed, your company can then assess the risk from tier-two suppliers onwards. The companies most likely to emerge strongly from the Coronavirus crisis are those that had diversified their operations and implemented multi-sourcing strategies. 2) Diversify Your Operations.

Supply Chain Design Software 63

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 63

ShipLilly

FEBRUARY 8, 2023

Historical data, as well as informed projections, can be useful in this exercise. This is a risky strategy for perishable goods as the future is not always predicted accurately. A case in point is peripheral services for online shoppers, including discounts and subsidized delivery.

Inventory Reduction 52

Inventory Reduction Inventory Handling Price Reduction 52

Logistics Bureau

JANUARY 9, 2019

Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. In other words, the majority did not recognise the need for close alignment between supply chain and general business strategies.

Supply Chain Design Software 118

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

Trinity Logistics

OCTOBER 20, 2021

The ability to exercise flexibility could be the difference among your competitors, making your shipment easier to cover. Communication can be a dying art form with all the new technology and easily accessible data that it offers. Another huge aspect of communication (and data) is making sure that your internal communications are safe.

Freight 90

Freight Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 90

Logistics in War

FEBRUARY 22, 2020

Firstly, it recommended conducting realistic wargames and exercises to reflect threats and the capability of the ‘logistics enterprise’ to respond. Thirdly, it articulated the need to protect logistics data which is particularly vulnerable to espionage and manipulation.

Military 92

Military Resource Reduction Cost Reduction Expense Reduction 92

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. By Cosmas Hoefnagels for Talking Logistics.

Optimal Sourcing 40

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

Supply Chain Brain

MAY 7, 2018

to the complex exercise of pricing. It’s that latter quality that applies to data-heavy disciplines such as pricing. driven system can help to sort signal from noise: it can determine the point at which the model is in danger of being swamped by too much data, not all of it relevant. On one hand, A.I. At the same time, an A.I.-driven

Price Reduction 40

Price Reduction Supply Chain Planning Software Modeling Software Supply Chain Software 40

The Logistics of Logistics

MARCH 14, 2023

Original article: PODCAST: Modern Courier Delivery Compliance Considerations: Understanding SOX and SOC Compliance Logistics and supply chain are some of the world’s most complex and regulated industries, which has been further compounded by increasing reliance on data and technology in both fields. What Is SOC Compliance?

Compliance 195

Compliance Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software 195