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7 Tips: A Guide to Mastering Procurement

Material Handling and Logistics

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. However, it is fundamental to empowering procurement success in the modern age.

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Using Predictive Analytics For Better Supply Chain Resilience

Blue Grace Logistics

Improving predictability in outcomes is valuable, but ensuring your supply chain is nimble enough to act on the data is even more so. We explore how predictive analytics and big data with human sentiments can add value and amplify their supply chain strategies. Concept of Predictive Analytics.

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Data key to tackling forecasting challenges

FreightWaves SONAR

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.

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[INFOGRAPHIC] Optimize Manufacturing Operations with these 5 Golden Manufacturing Metrics

GlobalTranz

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.

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Leverage freight data for confident demand planning

FreightWaves SONAR

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.

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Revenge Festivities: How To Power Up Your Retail Last-Mile Fulfillment To Meet Soaring Demand

Locus

According to McKinsey’s latest consumer pulse survey, Spending in March 2020 was down by 18% as compared to two years later. 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. billion, which was an 8.2%

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The 3 top benefits of trucking fleets benchmarking financial and operational performance

FreightWaves SONAR

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.