Conger

MARCH 28, 2024

Technologies like artificial intelligence continue to enhance these capabilities to become more attractive and allow new visualizations and data collection standards. Telematics collect and transmit vehicle speed, mileage, and fuel consumption data, while GPS allows precise location tracking.

Optimization Software 73

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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

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SYSPRO Smarter ERP

NOVEMBER 1, 2021

Here is a list of challenges and solutions for manufacturers to remain resilient and maintain growth momentum. We live in a time where we can purchase almost anything with a click of a button. Leveraging on predictive analytics and data for decision making. Transitioning to B2B e-Commerce. Maintaining competitive advantage.

Manufacturing Procurement 111

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Ship Monk

OCTOBER 10, 2023

That means consumers need to really do the research when making online purchase decisions, otherwise the risk for returns is strong. ShipMonk wants all ecommerce businesses to shine during peak season, which is why we’ve prepped this overview of ecommerce brand solutions for a successful Q4. Glass slippers. Winter hats.

Procurement Solutions 64

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FreightWaves SONAR

MARCH 15, 2021

Supply chain professionals responsible for transportation procurement at Fortune 500 companies focus on three things – budget forecast accuracy, service scores and primary tender acceptance. Advancements in tender data science and paid market data now power SONAR SCI (Supply Chain Intelligence) Lane Acuity Plus.

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Ship Monk

AUGUST 30, 2023

According to an ongoing study of 3,036 Shopify stores, the average conversion rate (visits that resulted in purchases) in 2022 was 1.3%. 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. (You

eCommerce 52

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Logistics Viewpoints

SEPTEMBER 7, 2022

Within this discipline, one of the toughest challenges is how to get visibility to problems arising across the extended supply network. Kevin Nelson, a chief procurement officer and senior vice president at BD, agreed to be interviewed on this topic. BD, was using a supply chain risk management solution. But I was skeptical.

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Supply Chain Software Supply Chains Optimal Sourcing Procurement Solutions 123

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Why Choose a Job in the Supply Chain Industry?

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SYSPRO Smarter ERP

OCTOBER 9, 2023

Many governments are also offering incentives for manufacturers to invest in energy-efficient solutions. The question company managers face is what software solution can help them keep machines busy as well as monitor performance and progress in their areas of concern.

Manufacturing Procurement 111

Manufacturing Procurement Purchasing Skills Cost Reduction Optimal Sourcing 111

Ship Monk

SEPTEMBER 14, 2022

By value , we mean how much that inventory cost to make or purchase, plus how much it’s costing you to store it. How to Calculate Beginning Inventory. Ending Inventory + COGS – Purchases = Beginning Inventory. Beginning Inventory + Purchases – COGS = Ending Inventory. however often you’re counting inventory.

Inventory Reduction 79

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Ship Monk

DECEMBER 27, 2023

Software issues, whether on the order processing side or the warehouse management side, can also cause inconsistencies and inaccuracies. How to Reduce MisPicks Because mispicks can be caused by any number of processes, preventing them should become a company-wide goal. Identify problem areas by setting KPIs and collecting data.

eCommerce 64

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Logistics Problem Solving

NOVEMBER 20, 2018

Before buying new supply chain software, a company wants to make sure the software will perform as promised. The developer’s process to create a new software product (design, coding, testing) is important but the implementation process has a far greater impact than many anticipate. How long will it take for full implementation?

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Conger

DECEMBER 13, 2022

Use Automation Software. The solution? When switching suppliers, use a sourcing solution so that you avoid inventory deficits and get back up and running with the new supplier quickly. Taking time to implement setup and vendor management software. Handling multiple purchase orders. Improve Internal Communication.

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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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EazyStock

NOVEMBER 19, 2020

But when looking at the bigger picture the ‘best-price’ is not always the most cost-effective way to procure a product. A smart stock replenishment strategist will understand supply and demand nuances around the items being ordered and consider factors such as: Lead times – how quickly is the order needed? optimizing inventory levels.

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TransAudit

MAY 31, 2022

Let’s take a closer look at a few tips for how to start in-house freight auditing. Creating a Custom Freight Auditing Software. Another option is to create custom freight auditing software for your business. Many extremely large firms have the human resources and capital to create custom freight auditing software.

Supply Chain Software 52

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Logistics Viewpoints

NOVEMBER 6, 2023

Suppliers are facing increasing pressure from the buyers of their goods and services to report their environmental, social, and governance data. Increasingly, companies will take sustainability criteria into account in their purchasing decisions. The data, which is reported on the EcoVadis platform, highlights the supplier’s emissions.

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FreightWaves SONAR

APRIL 9, 2024

Have you purchased some type of technology in the past year to support your business? We have built an incredible customer success team that is dedicated to helping users understand how to use the data so they can be better prepared for market shifts. SONAR is different. Click here to reach out to us.

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Logistics Bureau

AUGUST 7, 2023

In this article, we’ll look at some of those challenges and explore potential solutions to help you and your IM team meet the burgeoning demand for fast and accurate order fulfilment. Moreover, the ecommerce explosion has brought new and unique challenges that complicate inventory management for enterprises selling online.

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Logistics Business Magazine

JANUARY 13, 2022

So, partnering with Honeywell, FarEye is holding a webinar entitled How to Navigate the New Logistics Landscape on 26th January at 3.00pm GMT with an expert panel who will bring you up to speed on transport and logistics in 2022. How data can be leveraged to improve delivery. Emerging transport technologies.

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Ship Monk

FEBRUARY 15, 2023

Fulfillment Automation at its Finest ShipMonk provides competitive fulfillment solutions to ecommerce businesses of all sizes by continuously investing in next-level technology that allows us to pick, sort, pack, and send out goods at lightning speed while retaining accuracy. The more data, the better deep learning will perform.

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Locus

JUNE 16, 2023

Say you purchase your coveted gadget online, eagerly tracking its journey from warehouse to your welcoming hands. Read also: How to Calculate the Cost of Transport 2. In 2021, a wide range of major product categories saw online purchase returns, with rates varying from 8% to 88%.

Cost Reduction 98

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Locus

SEPTEMBER 27, 2022

With a mobile phone, internet, app, and a few clicks, they can easily purchase products without going out of stores. With Bukalapak being a heavyweight in O2O E-commerce, Malay wanted to know how it makes its procurement process easier and efficient. How Locus helped Bukalapak transform its last-mile. Schedule a Demo.

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GoShip Blog

AUGUST 2, 2022

How to increase brand awareness? For example, simple demographic data will show you the most active age group and their activities or occupations. It gives you an excellent start for creating a tailored purchasing experience and improving the components of certain items. Develop digital marketing.

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Logistics Viewpoints

MAY 11, 2023

The concept of digital twins has emerged as a powerful foundational tool to drive improvements in warehouse productivity and efficiency. But do you really need to look specifically at digital twin solutions, or might some of these already be available in the automation you already have? come with any of them.

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EazyStock

MAY 11, 2021

The graph below illustrates how 80% of a company’s sales revenue comes from 20% of their stock items: ABC analysis & The Pareto Rule for inventory management. How to Calculate ABC Classification. Here is a working illustration of how to divide your inventory using annual consumption value. What’s the solution?

Inventory Reduction 52

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Ship Monk

FEBRUARY 3, 2024

These people are genuinely interested in your product — so much so, that they have purchased your products. Email vs. Other Forms of Communication For many years, email has been the gold standard of communication tools for DTC businesses. You do you and look at the data to determine what sending profile best fits your client base.

eCommerce 82

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EazyStock

DECEMBER 13, 2021

Unfortunately there’s no easy solution to the deal with the current global supply chain problems and avoid stockouts altogether. A basic risk of stockout spreadsheet can be easily set up using the following data: Current stock items, items on order and in transit. Ensuring your Data is Accurate and Up-to-Date. Demand forecasts.

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WorkWave

AUGUST 31, 2021

Luckily, there are tools and tricks to help you avoid shipping delays, including: . AS predicts consumer behavior by analyzing previous data, allowing Amazon to stock warehouses with specific products geographically closer to consumers that are likely to purchase those products. Choosing a Shipping Solutions Provider.

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Ship Monk

APRIL 11, 2024

We are experts in omnichannel ecommerce order fulfillment , order management software , and tech integrations — expertise that helps our clients track and process transactions on the back end. Rates Some states (Alaska, Delaware, Montana, New Hampshire, and Oregon) don’t charge a general sales tax on purchases at all.

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Logistics Business Magazine

DECEMBER 8, 2022

Ralf Duester, member of the board of the SCM software specialist Setlog, shows which trends will shape the year 2023. 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. Data silos hinder successful business.

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MTS Logistics

APRIL 19, 2021

Ocean shipments have a complicated structure with different solutions. Any discrepancy in addresses, purchase order numbers, quantities, weights, sizes, and SKU-level information can hold up your shipment in Customs and if there are any inconsistencies, you may end up facing fines and penalties. Update Forecasting Values.

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Logistics Viewpoints

MAY 3, 2023

First, give me some insight on how the pandemic affected the MRO space. Third, what is the impact of real-time data on supply chains? Fourth, how does all of this affect the labor force? And finally, how do you recommend a company start this journey, and what advice can you give for the future?

Supply Chain Design 100

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WorkWave

SEPTEMBER 2, 2021

This guide looks at all the critical aspects of how to start a delivery service business. You need to identify a specific business niche because it will guide the decisions and solutions you choose for your business. There are various helpful tips out there you can use on how to buy a delivery route.

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GoShip Blog

MAY 20, 2022

Reorganizing your logistics strategy and cooperating with reliable carriers are a solution. How to increase online sales? Analyze sales data and customer feedback to see what products generate active purchases. According to statistics, most customers prefer to make their purchases on the phone.

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Logistics Bureau

APRIL 4, 2022

At Logistics Bureau, we capture, analyse, and exploit freight benchmarking data to help us when we provide freight contract negotiation services for our clients. How Can Your Business Benefit from Freight Benchmarking? Freight Benchmarking: How to Do it Right. The Pros and Cons of Procuring a Benchmarking Tool.

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EazyStock

MARCH 22, 2022

Fluctuating demand and supply volatility have made accurate demand forecasting even more challenging for two reasons: Using last year’s sales data as a base for forecasts is a ‘no go’, as demand fluctuations due to the pandemic skew the data. How to overcome demand forecasting challenges. Use appropriate historical data.

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