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

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 73

Logistics Viewpoints

DECEMBER 15, 2022

quintillion bytes of data every day. Cluster analysis is a statistical umbrella term for methods that classify data points according to their attributes. Cluster analysis is a statistical umbrella term for methods that classify data points according to their attributes. The retail industry is rich with data.

Optimal Sourcing 116

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 116

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. In short, the reported supplier data ripples up to a buyer’s Scope 3 calculations.

Supply Chain Planning Software 133

Supply Chain Planning Software Resource Reduction Material Savings Procurement Analytics 133

The Logistics of Logistics

JULY 20, 2022

Jon is the Director of Pricing Strategy & Analytics at Loadsmart , a freight technology company that is removing the barriers between shippers and carriers so freight can move in the most efficient, transparent and automated way. About Jon Payne. Jon holds a B.S. Key Takeaways: Truckload Pricing Dynamics.

Price Reduction 286

Price Reduction Purchasing Skills Cost Reduction Logistics Network Optimization Software 286

SYSPRO Smarter ERP

APRIL 22, 2024

” Dan Holme, director of product marketing for Yammer, SharePoint, OneDrive, and Stream Efficiency in Data Automation With an ERP, you no longer tie up resources in manual accounting and data entry. The same data can be transferred throughout multiple layers of the operation. The biggest variable here is consulting costs.

Manufacturing Procurement 105

Manufacturing Procurement ERP Procurement Solutions Supply Chain Planning Software 105

CLX Logistics

MARCH 9, 2021

Big data and predictive transportation analytics are transforming the supply chain industry in incredible ways. More and more, transportation companies are considering predictive analytics a crucial component of doing business. How Big Data Analytics Helps Enhance Global Supply Chain Logistics.

Optimal Sourcing 40

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Procurement Analytics 40

Ship Monk

APRIL 5, 2024

The fact is, most business owners think of procurement as nothing more than a transactional relationship. 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. If so, good on you!

Negotiate Pricing 83

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 83

3PL Links

MAY 3, 2023

Improving Supply Chain Visibility: The Impact of Data Strategy | Image source: Pixabay A business-contextualized data approach is crucial for boosting supply chain visibility, especially during downturns. This requires knowing precisely what details should be collected and trusting the sources of this data.

Sourcing Strategies 62

Sourcing Strategies Inventory Reduction Material Savings Cost Reduction 62

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. What Do Supply Chain Analytics Have to Do With This Ability? What About Supply Chain Entities That Have Time-Sensitive Products?

Procurement Analytics 61

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chains 61

GlobalTranz

JUNE 14, 2017

The answer lies using these omnichannel supply chain metrics to carefully track and improve operations continuously. This is a simple key performance indicator (KPI), another name for metrics, to track. If vendors fall behind on this metric, you may need to re-evaluate your partnerships or expand your list of approved vendors.

Procurement Analytics 76

Procurement Analytics Supply Chain Design Software Supply Chain Software Supply Chain Design 76

Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. They are more likely to shop for discounts and sales and may delay purchases of some items.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 115

Ship Monk

MARCH 21, 2024

Customers are mostly anonymous, and purchases are made or abandoned, seemingly on a whim. Today’s CRM platforms have adapted and expanded their tools to meet the needs of ecommerce businesses. Customer relationship management systems collect and centralize all the important data about a business’ customers (and potential customers).

Optimization Software 95

Optimization Software eCommerce Logistics Network Optimization Software Procurement Solutions 95

GlobalTranz

AUGUST 4, 2015

In order to optimize manufacturing operations, or really just about anything, you need to have at your fingertips the best and most accurate manufacturing metrics around. In today's post, we share 5 Golden Manufacturing Metrics that all manufacturing companies should understand to improve plant operations quality.

Manufacturing Procurement 99

Manufacturing Procurement Procurement Analytics Optimization Software Optimization 99

GlobalTranz

SEPTEMBER 12, 2016

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. Although procurement logistics might sound like it involves the purchasing of manufactured products , it is much more involved. The Definition of Procurement Logistics.

Manufacturing Procurement 101

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 101

Morai Logistics

APRIL 12, 2018

Predictive analytics is a technology tool that is improving the end-to-end customer experience of the retail, healthcare and transportation industry. This month, multinational retail corporation, Wal-Mart, announced their partnership with ‘ actionable predictive intelligence ’ platform, FourKites. Healthcare.

Procurement Analytics 60

Procurement Analytics Supply Chain Software Supply Chains Optimization Software 60

GlobalTranz

APRIL 25, 2016

Sure, supply chain cost reduction is important in reducing the cost of goods sold (COGS) and increasing profit, but there are other measurements which should not be forgotten. 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. 10 Soft Metric Considerations in Measuring Supply Chain Performance.

Procurement Analytics 69

Procurement Analytics Supply Chain Software Supply Chains Optimal Sourcing 69

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Supply chain planning involves interaction with different types of information based on internal and external data sources. These data sources are often spread across multiple platforms and come in various formats.

Supply Chain Planning Software 157

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 157

FreightWaves SONAR

JULY 10, 2023

Businesses are prioritizing the speed of data propagation within their supply chains. This includes sourcing materials, working with vendors, managing warehouses and transportation, and coordinating with retailers to ensure they can meet the changing demands of consumers while remaining profitable. and Target Corp. and Target Corp.

Data 52

Data Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 52

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

Blue Grace Logistics

MARCH 7, 2024

-based a SaaS optimization platform services provider focused on helping shippers maximize resources and reduce costs through advanced supply chain algorithms and real-time data analytics. A purchase price for the transaction was not disclosed. READ THE FULL ARTICLE

Supply Chain Planning Software 80

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Network Optimization Software 80

Ship Monk

APRIL 23, 2024

The UN World Commission on Environment and Development defines sustainability as “development that meets the needs of the present without compromising the ability of future generations to meet their own needs.” These metrics are counted as metric tons of CO2 equivalent (MT CO2e or CO2-eq). What Does Sustainability Mean?

Waste Reduction 73

Waste Reduction Inventory Reduction Resource Reduction Cost Reduction 73

SYSPRO Smarter ERP

AUGUST 17, 2022

Manufacturers and distributors can optimize their inventory management using some of the latest emerging technologies, including machine learning, data analytics, artificial intelligence, and cloud computing. In the new normal, a data-driven approach to inventory management provides the basis for better and faster decisions.

Optimal Sourcing 105

Optimal Sourcing Optimization Software ERP Inventory Reduction 105

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. trillion, about 30% of world GDP, according to a 2021 report by UNCTAD, the United Nations Conference on Trade and Development. So, how do you make the seemingly-impossible possible?

eCommerce 66

eCommerce Logistics Network Optimization Software Supply Chain Planning Software Procurement Analytics 66

Ship Monk

APRIL 16, 2024

Credit Card/Identity Fraud Scammers obtain payment information from unsuspecting users using phishing, pharming and whaling schemes, then use the stolen credentials to purchase items from ecommerce stores. The scammer then has access to the stored payment cards for that account and can use them to make fraudulent purchases.

eCommerce 81

eCommerce Modeling Software How To Procurement Solutions 81

Logistics Viewpoints

APRIL 14, 2022

Experts from North Carolina State University and GEP conducted a survey on supply chain, procurement and IT leaders to determine their challenges and priorities, focusing on examining gaps in the supply chain. The study found that these leaders considered the largest gap to be between supply chain and procurement, citing it as a major issue.

Supply Chain Planning Software 125

Supply Chain Planning Software Supply Chain Software Collaboration Supply Chains 125

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

Logistics Viewpoints

SEPTEMBER 20, 2022

This means we need more agile, flexible, and scalable planning platforms to process and consolidate new data sources, drive insights using advanced analytics such as AI/ML to drive autonomous decisions, and expand collaboration within and outside our organizations. We need planning platforms to keep up with all the changes.

Supply Chain Planning Software 116

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

Locus

OCTOBER 21, 2022

According to United States Census Bureau data , advance estimates for U.S. To provide consumer experiences for your online shoppers after they make their purchases, click here. From the moment the order is placed till it reaches the customer’s doorstep, Locus’ DMP tracks on-time performance, distance, cost and other business insights.

Supply Chain Planning Software 52

Supply Chain Planning Software Meeting Optimal Sourcing How To 52

Logistics Business Magazine

APRIL 18, 2024

However, only Infor could offer deep, last-mile, manufacturing capability, coupled with an innovative cloud technology platform built on Amazon Web Services (AWS), to scale and meet their digital transformation requirements.

Digital 46

Digital Vendor Strategies Manufacturing Procurement Cost Reduction 46

SYSPRO Smarter ERP

NOVEMBER 1, 2021

We live in a time where we can purchase almost anything with a click of a button. A B2B e-commerce strategy is therefore becoming increasingly necessary for manufacturing businesses that want to better sell their products or procure the necessary components for manufacturing them. Transitioning to B2B e-Commerce.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Inventory Reduction 111

AIMMS

FEBRUARY 22, 2018

What prescriptive analytics capabilities can bring, is the ability to throw all these variables and constraints into the mix and simply press the optimize button to uncover the opportunities. The case for prescriptive analytics capabilities in S&OP. Suddenly, your S&OP meetings become more productive.

Procurement Analytics 78

Procurement Analytics Optimization Software Supply Chain Planning Software Procurement Solutions 78

GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. A 2016 Accenture survey, reports RF Gen , explained how more companies are taking advantage of AI benefits through linked supply chains. The State of Supply Chain 2016 Trends.

Manufacturing Procurement 65

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 65

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%. You can also track conversion rates for other actions you want customers to take, such as email signups or social followers, but an ecommerce conversion rate commonly tracks those that result in a purchase.)

eCommerce 52

eCommerce How To Procurement Analytics Purchasing Skills 52

FreightWaves SONAR

FEBRUARY 11, 2021

As reported by DC Velocity , “the 2020 Fleet Advantage Industry Benchmark Survey noted, “11% of transportation fleets estimate they have saved more than $1 million in crash avoidance by upgrading to newer trucks with advanced safety features.” The data from benchmarking trucking fleets provides companies with a wealth of information.

Procurement Analytics 98

Procurement Analytics Trucking Optimization Software Operations 98

Logistics Viewpoints

AUGUST 23, 2021

Depending on the industry, companies can see cost savings of 5 to 10% and revenue gains of 7 to 10%. Companies “seeking to increase data sharing and collaboration across their supply networks have faced three principal hurdles.” Those include trust issues, the operating model, and technology.

Collaboration 163

Collaboration Supply Chain Planning Software Optimal Sourcing Modeling Software 163

GlobalTranz

SEPTEMBER 23, 2021

Fewer labor resources are available to meet the rising demand in both the warehouse and in transit. ? A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. A stimulus on the horizon further increases the risks of a higher trend in consumer purchasing. transportation metrics ?that

Optimal Sourcing 123

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Supply Chain Software 123

SYSPRO Smarter ERP

APRIL 6, 2023

Manual data entry errors Have you ever been in a situation when your finance person mistypes an invoice number, the payment amount, or the vendor’s name while entering it into your finance system? Your employees may spend hours manually entering data into your accounting system and matching invoices to purchase orders.

Manufacturing Procurement 98

Manufacturing Procurement Automation Vendor Strategies Procurement Solutions 98