Logistics Viewpoints

OCTOBER 10, 2019

In order to grow in a rapidly evolving marketplace, organizations must possess the ability to use advanced algorithms and data analytics to generate the next wave of supply chain value. The post How to Put Data Science to Work for Your Supply Chain appeared first on Logistics Viewpoints.

Supply Chain Software 86

Supply Chain Software Supply Chains Data How To 86

Conger

APRIL 19, 2024

Just like how your phone’s fitness app keeps you in check by tracking every step, this tech gives a clear view into how fuel gets used and the way forklift drivers handle their rides, all in real-time. With heaps of data right there for the taking, deciding on the best moves for your fleet becomes a breeze.

Optimization Software 81

Optimization Software Data Materials Handling Resource Reduction 81

Logistics Business Magazine

APRIL 18, 2024

Wincanton , experts in infrastructure logistics, have provided insight into how to anticipate issues within the supply chain. Predictive analytics Many companies may not realise they have existing data from within their industry of trends, fluctuations, and disruptions that regularly occur.

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Supply Chain Planning Software Supply Chain Software Supply Chains How To 59

Blue Grace Logistics

NOVEMBER 21, 2023

How to Navigate Your Supply Chain During Market Swings Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - November 21, 2023 Market conditions play a crucial role in shaping challenges professionals face when managing their organization’s supply chains.

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Supply Chain Software Supply Chains Optimization Software Modeling Software 97

WorkWave

MARCH 26, 2024

Imagine ordering a package online and eagerly awaiting its arrival, only to face delays and uncertainties in the delivery process. Customers expect their orders to arrive promptly, especially in today’s fast-paced world where instant gratification is the norm. How does route optimization software impact customer experience?

Optimization Software 105

Optimization Software Optimization Logistics Network Optimization Software Cost Reduction 105

Ship Monk

DECEMBER 27, 2023

Far more orders are being processed, but each mistake costs more. A 98% accuracy rate means that 2 out of every 100 customers are unhappy and 20 out of every 1,000 orders are inaccurate. Most ecommerce businesses process far more than 1,000 orders per year. Most ecommerce businesses process far more than 1,000 orders per year.

eCommerce 64

eCommerce Inventory Reduction Waste Reduction Cost Reduction 64

WorkWave

NOVEMBER 6, 2023

Time To Read: 3 minutes In today’s fast-paced business world, order management is a critical component of success. The efficiency and accuracy of order management can make or break a company’s reputation and bottom line. What Is Order Management? Order Processing: After capturing the order, it needs to be processed.

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Inventory Reduction Price Reduction Cost Reduction Ordering 52

GoShip Blog

JULY 15, 2022

Efficient order fulfillment is an indispensable piece in the customer satisfaction puzzle. What is order fulfillment? Order fulfillment is the backbone of the modern e-commerce enterprise. Your order fulfillment strategy has a direct impact on your brand’s success and customer retention rates.

Inventory Reduction 52

Inventory Reduction Cost Reduction Modeling Software Ordering 52

Conger

FEBRUARY 11, 2022

This article has everything you need to know about forklift data plates, including: What a data plate is. How to read a forklift data plate. What Is a Forklift Data Plate? Where Is the Forklift Data Plate? Why Is the Data Plate Important? Can You Operate a Forklift Without a Data Plate?

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Data How To Modeling Capacity 52

Logistics Viewpoints

JUNE 9, 2022

Transparent data prepared especially for your logistics operation will get you easily through your peaks. Sophisticated transport networks are great in logistics, but the bottom line is how quickly an order gets moved through a warehouse. In this context, the magic words are clear logistics data and integrated software systems.

Optimization Software 135

Optimization Software Logistics Network Optimization Software Supply Chain Planning Software Modeling Software 135

RPA Labs

OCTOBER 28, 2021

Improving the management and accuracy of orders, shipments, and inventory can impact the entire supply chain and therefore must be a top priority. Striving for perfect orders naturally represents a praise-worthy objective for any company. High error rate due to outdated information and decisions based on inaccurate data.

Supply Chain Software 52

Supply Chain Software Logistics Network Optimization Software Inventory Reduction Optimization Software 52

3PL Links

FEBRUARY 4, 2024

Image source: Flickr | How to Protect Supply Chain from Cyber Attacks The management of data intelligence in the supply chain presents an enormous challenge to those involved. Global IT professionals have faced challenges related to data decentralization. However, there is a “but” to this tale.

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Supply Chain Planning Software Supply Chain Software Supply Chains How To 48

SYSPRO Smarter ERP

NOVEMBER 6, 2023

Among the production lines, warehouses, and shipping docks of your company, your ERP system acts as the air traffic control tower—directing every operation, process and data point successfully from and to their destinations accurately and on time. The post How to choose the right ERP system for your business appeared first on SYSPRO Blog.

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ERP Manufacturing Procurement How To Sourcing Strategies 124

GoShip Blog

NOVEMBER 29, 2022

They understand one of the most powerful principles in the business world — prioritizing holiday order fulfillment and overall customer satisfaction. Holiday fulfillment is the ability to successfully plan and deliver an assembled customer’s order fulfillment process during the holiday season (Black Friday through Christmas).

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Ordering How To Procurement Analytics Eliminating Excel in Purchasing 52

Logistics Viewpoints

APRIL 22, 2024

Executing a Perfect Order is Difficult! According to Mike Carroll, a vice president at Georgia-Pacific, “In creating a more seamless order management process, we needed a capability that enabled us to navigate the complexities of the myriad of individual orders that we receive every minute, hour, and day, with unparalleled precision.

Optimal Sourcing 135

Optimal Sourcing Supply Chain Planning Software Modeling Software Optimization Software 135

Ship Monk

MARCH 23, 2023

Today, we’ll cover what it means to have an inventory discrepancy, the most common causes, and how to avoid them. You could put yourself in the embarrassing situation of selling a product you don’t have, and having to cancel the order and refund your customer. Data that is manually entered may be entered incorrectly.

Inventory Reduction 71

Inventory Reduction Inventory Optimization Software How To 71

SYSPRO Smarter ERP

JANUARY 9, 2023

Manufacturers increasingly turning to data and analytics, from an ERP system, to support business initiatives. Data is after all the fuel that runs the Fourth Industrial Revolution. Challenges to using data. Many manufacturers are data-rich but when it comes to using it they are insight-poor.

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Manufacturing Procurement ERP Data Logistics Network Optimization Software 111

Ship Monk

NOVEMBER 21, 2022

The last thing you want is to run out of your bestsellers, but how do you know when to order more? If you order too late, you may run into supply chain issues or have an unexpected surge in demand that you can’t fulfill. This article will explain what reorder points are and show you how to calculate them.

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How To Inventory Reduction Supply Chain Software eCommerce 52

Log-hub

NOVEMBER 6, 2023

Maintaining optimal stock is not just about inventory management; it’s a strategic imperative that impacts customer satisfaction, streamlines order fulfillment processes, reduces lead times, and improves order cycle times, thus enhancing overall efficiency of the entire supply chain.

Optimization Software 52

Optimization Software Inventory Reduction Optimization Cost Reduction 52

Turvo

JANUARY 13, 2022

Logistics managers rely on clear insight, accurate data, and order visibility to maintain smooth operations day in and day out. Proper planning and execution within the supply chain depend on access to accurate data regarding inventory availability and movement.

Supply Chain Planning Software 86

Supply Chain Planning Software Scenario Planning Supply Chain Software Supply Chains 86

WorkWave

DECEMBER 8, 2023

Tracking the percentage of shipments with real-time visibility data enables businesses to identify potential disruptions, enhance communication with suppliers and proactively address issues that could impact delivery schedules or inventory management. The post How to Measure Success: KPIs for Inbound Logistics appeared first on WorkWave.

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Inbound Optimal Sourcing Logistics Network Optimization Software Inventory Reduction 52

Ship Monk

AUGUST 8, 2023

We know there’s a lot to worry about, but we hope you’ve given some thought to what happens after those orders start rolling in. How are you going to handle a wrong address, or a lost package? Think about the times you’ve ordered online. Provide an order status page and an order tracking number once the order has shipped.

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Ordering Logistics Network Optimization Software Purchasing Skills Material Savings 52

Ship Monk

AUGUST 30, 2023

Today we’re going to look at how to calculate ecommerce conversion rates, identify some things that may be turning customers away, and what you can do to improve conversion rates. So, what is the right kind of data and how do you gather it? If you’re on the low end of this scale, there’s room for improvement.

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eCommerce How To Procurement Analytics Purchasing Skills 52

Logistics Business Magazine

MAY 5, 2023

Logistics Business magazine, together with the Information Factory, have produced a 7 page digital magazine on data in transport logistics. Editor Peter MacLeod talks to iFactory CEO Robert Jordan to understand how transport businesses can drive up profitability by adopting a data-driven approach. Read the free eBook here.

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eBook Data Supply Chain Planning Software Logistics Network Optimization Software 44

3PL Links

FEBRUARY 14, 2024

Image source: Flickr | Logistics Planning 2024: How To Carry out Logistical Planning for This Year Have you ever given the recent evolution of logistics any thought? Read also: How to Make Reverse Packaging Logistics More Efficient? How to carry out logistical planning for 2024? Why is logistical planning necessary?

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Supply Chain Planning Software Scenario Planning Optimal Sourcing Sourcing Strategies 48

Logistics Business Magazine

MARCH 24, 2021

Big data presents supply chain and warehouse managers with an unprecedented opportunity to acquire real-time visibility of goods in transit and part of inventory, writes Tony Dobson -SnapFulfil CEO. There’s plethora of data in the warehouse now, with lots of dashboards to present the figures, but information overload is happening.

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Data Supply Chain Software Logistics Network Optimization Software Presentation 73

Logistics Bureau

OCTOBER 10, 2022

Therefore, to avoid falling short of your service standards, you need to hold enough stock to ensure you can fulfill every sale or order, even in the face of supply chain shocks and demand spikes. How to Improve Forecast Accuracy for Optimal Inventory. 6: Ordering Frequency. How to Calculate Economic Order Quantity.

Inventory Reduction 114

Inventory Reduction Inventory Optimization Modeling Optimization Software 114

Ship Monk

DECEMBER 12, 2022

When ecommerce business owners look for ways to increase revenue, they tend to focus on marketing campaigns designed to reach new customers, or promotions that entice existing customers to order more often. Order value is the amount your customers spend per order, so if everybody spends a little more, the average goes up.

Ordering 52

Ordering Purchasing Skills Price Reduction Cost Reduction 52

Locus

MAY 25, 2023

One such important lever is Economic Order Quantity. What is Economic Order Quantity? Ford Whitman Harris first published the model of Economic Order Quantity in a paper Factory, The Magazine of Management , in 1913. This model became dominant for order-quantity analysis in the study of supply chains. Let’s dive in!

Inventory Reduction 52

Inventory Reduction Cost Reduction Ordering Waste Reduction 52

3PL Links

DECEMBER 3, 2023

Predictive Analysis in Logistics and Supply Chain: How to Apply | Image source: Pexels In logistics, predictive analysis is simply the process of identifying and forecasting patterns, trends, and behaviors in both human and machine learning approaches, data, and algorithms. This ratio increased to 54% in 2022.

Supply Chain Planning Software 48

Supply Chain Planning Software Optimal Sourcing Analysis Supply Chain Software 48

RPA Labs

FEBRUARY 10, 2022

Shipping document automation uses robotics processing automation (RPA) to extract data and appropriately sync it with an internal business system. While optical character recognition has been a traditional form of digitizing data, AI-powered document management can take the extracted text and properly classify it.

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Document Supply Chain Software Automation How To 74

SYSPRO Smarter ERP

NOVEMBER 1, 2021

With one universal touchpoint, businesses can have full visibility of inventory levels along with backend systems to handle procurement and sourcing policy changes, distribution, and lead time planning as well as analytics providing data real-time to support improved decision-making. Maintaining competitive advantage.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Inventory Reduction 111

Ship Monk

JULY 7, 2022

As online shoppers, we see examples of minimum order quantity everywhere. We, as consumers, have grown accustomed to buying in bulk in order to pay less per unit. For suppliers and merchants, however, setting a minimum order quantity for your goods can mean the difference between losing money and making a profit on each sale.

Purchasing Skills 86

Purchasing Skills eCommerce Ordering Negotiating Skills 86

GlobalTranz

FEBRUARY 8, 2016

Here’s how you can improve manufacturing floor data collection, long-term. A key component of any manufacturing process is data collection. However, are you starting to outgrow your manufacturing floor data collection system ? At one point, every program used to record data was being used by no fewer than 21 managers!

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Manufacturing Procurement Data Optimal Sourcing How To 66

Stord

MAY 16, 2023

ATLANTA, May 16, 2023 — Stord , a leader in fulfillment services and technology for omnichannel mid-market and enterprise brands, today announced its expanded order management system (OMS) software offering. But when it comes to fulfilling orders for multiple sales channels, most brands are stuck with a rudimentary, piecemeal strategy.

Supply Chain Planning Software 60

Supply Chain Planning Software Optimization Software Modeling Software Inventory Reduction 60

FreightWaves SONAR

JUNE 5, 2023

Lack of data, lack of conviction and lack of organizational agility all conspire to keep companies from recognizing medium-term opportunities and challenges and responding decisively. It’s hard to find good data that provides a view into the next few months of consumer behavior and economic activity.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Data Freight 52

Blue Grace Logistics

FEBRUARY 6, 2023

Although supply chains are starting to normalize and rebound, COVID-19 exposed a lot of weaknesses and led shippers to gain a better understanding of the importance of data portfolios, which is the primary purpose of outsourced logistics solutions. Visibility and data remain top-value propositions that outsourced logistics entities solve for.

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Supply Chain Design Software Outsourcing Supply Chain Planning Software Supply Chain Software 62