Freightos

FEBRUARY 28, 2024

The integration of real-time data and analytics into contract structures is not just innovative—it’s becoming essential. In essence, the journey towards digitalized, data-driven freight contracting is both a challenge and an opportunity. Join the conversation during our webinar on Thursday or visit us at TPM.

Negotiating Skills 62

Negotiating Skills Price Reduction Vendor Strategies Optimal Sourcing 62

GlobalTranz

SEPTEMBER 23, 2015

Thanks to data gathering programs, supply chain software , and data entry applications, this represents a mountain of data, which has the potential to provide ground-breaking insight into how to improve business-model efficiency. What Is Supply Chain Big Data? How Does Big Data Improve a Supply Chain?

Supply Chain Design Software 108

Supply Chain Design Software Supply Chain Software Supply Chain Design Procurement Analytics 108

GlobalTranz

OCTOBER 5, 2015

Current and future applications have the potential to provide new methods of value creation and sources of revenue streams for companies in the digital age. 11 Improvements by the Deployment of the Internet of Things in the Supply Chain. 11 Improvements by the Deployment of the Internet of Things in the Supply Chain.

Optimal Sourcing 111

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 111

GlobalTranz

APRIL 5, 2018

As a shipper, it can be hard to procure full truckloads, and small and mid-sized shippers suffer from an exacerbated version of this problem. Shippers face tightening capacity, higher rates, and demanding consumers, and procuring a full truckload may be the last thing on their minds. What about payment processing and documentation?

Optimal Sourcing 76

Optimal Sourcing Procurement Resource Reduction Cost Reduction 76

GlobalTranz

NOVEMBER 17, 2016

Supply chain leaders are enthralled with the idea of using big data, but they tend to fail to understand how to disseminate big data in their organization properly. True, they may know how to roll out big data in a single warehouse, or they may have heard their competitors used branded systems for implementing this new technology.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Software Procurement Solutions Supply Chain Design 115

Logistics Viewpoints

OCTOBER 10, 2022

in turn, is a boutique procurement consultancy. As the Automotive OEMs improved their supply chain risk management processes, they then turned to their key suppliers to improve their risk management processes. Implementing the solution involved cleaning up master data and mapping their complete global supply chain.

Supply Chain Planning Software 135

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 135

GlobalTranz

SEPTEMBER 17, 2015

At Cerasis we work with our shipper customers who procure items every day and have needs for inbound freight management as they secure those products from their vendors. Increasingly, as we work with procurement folks at these companies, we are hearing that technology for better communication and to create more efficiency.

Optimal Sourcing 96

Optimal Sourcing Procurement Sourcing Strategies Vendor Strategies 96

Logistics Viewpoints

SEPTEMBER 19, 2023

Supply chain executives must evolve from cost and service as the key objectives for optimal demand-supply balancing towards the “quadfecta” of cost, service, resiliency, and sustainability. Lack of adequate risk data and the non-strategic positioning of supply chain design within the organization has been a key inhibitor to success.

Supply Chain Design Software 139

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 139

GlobalTranz

OCTOBER 16, 2015

, at Cerasis, we know a thing or two about the nuances of LTL procurement. LTL procurement is something we do very well. So we thought we would impart upon all the shippers out there some tips on how to reduce overall costs for effective LTL Procurement. 10 LTL Procurement Cost Cutting Tips.

Negotiating Skills 90

Negotiating Skills Price Reduction Optimal Sourcing Cost Reduction 90

GlobalTranz

MAY 1, 2018

Since this trend isn’t likely to change anytime soon, shippers who can contain the cost of shipping by maximizing efficiency and optimization throughout their shipping network will be on firm ground heading into the future. Data-driven analytics enables you to make cost-effective transportation decisions. But no longer.

Procurement Analytics 61

Procurement Analytics Optimal Sourcing Data Sourcing Strategies 61

Turvo

APRIL 1, 2021

The pair talked about how the supply chain industry is moving beyond the table stakes of TMS and turning to network-like technology platforms that go further upstream into the supply chain, enabling strong supply chain collaboration amongst all trading partners, putting the supply chain at the heart of their customer experience strategy.

Collaboration 71

Collaboration Optimal Sourcing Optimization Software Supply Chain Software 71

GlobalTranz

SEPTEMBER 22, 2016

The roles of logistics and procurement in an efficient supply chain cannot be overstated. According to Paul Myerson , reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. So, why do supply chain managers not take advantage of this data with respect to procurement?

Manufacturing Procurement 108

Manufacturing Procurement Procurement Analytics Procurement Solutions Optimal Sourcing 108

CLX Logistics

APRIL 26, 2019

Better ways to manage transport operations emerge, from how we plan and strategize, to how we ultimately execute and drive continuous improvement. For companies willing to embrace opportunities for improvement across the entire supply chain, here’s a look at the top transportation procurement and benchmarking trends.

Optimal Sourcing 45

Optimal Sourcing Negotiating Skills Procurement Cost Reduction 45

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. In other words, the use of AI may help to improve patient outcomes and reduce delays from misdiagnoses or laboratory testing. The State of Supply Chain 2016 Trends.

Manufacturing Procurement 65

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 65

GlobalTranz

JULY 7, 2017

Editor's Note: Today's is blog is from Nicole Lewis who shows us the steps for smarter logistics planning optimization. However, contemporary business affairs feel an increasing need not only in logistics planning optimization but also in it as a whole procedure. Logistics planning optimization, evaluation of results and monitoring.

Optimal Sourcing 25

Optimal Sourcing Supply Chain Planning Software Optimization Software Logistics Network Optimization Software 25

GlobalTranz

APRIL 6, 2015

As pressure to improve supply chain cost performance increases for many companies, the evaluation and selection of competent suppliers becomes a key concern. At the same time, this data may indicate possible issues in the procurement process, regarding product quality and delivery. 2) Connected supply chains.

Optimal Sourcing 118

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 118

GlobalTranz

FEBRUARY 6, 2018

Ethereum shares some common features with Bitcoin, including how it’s mined by computers and codifies unique data that can be used to track everything from transactions to an exchange of goods (more on that below). a pair of jeans that didn’t come from a sweatshop, for example. Blockchain in supply chain changes that.

Supply Chain Design Software 164

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 164

Locus

SEPTEMBER 27, 2022

To unravel the story behind this growth and its complexities, Albert Koto, Head of Mitra supply chain at Bukalapak, one of the biggest e-commerce businesses in Indonesia, got in conversation with Malay Shah, Senior Vice President of India, Middle East, Rest of the World, and Southeast Asia operations in this Locus’ In-Focus webinar series. .

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Modeling Software Optimization Software 52

GlobalTranz

NOVEMBER 19, 2015

6 Benefits of Applying Useable Data in Logistics For Continuous Improvement. In this post we will talk about how you can improve your transportation management program by focusing on using data, extracted from the use of technology, such as a transportation management system, that then people can use to continuously improve.

Data 77

Data Sourcing Strategies Optimal Sourcing Transportation 77

GlobalTranz

FEBRUARY 19, 2016

As time passed, procurement gradually gained a larger role in the scope of manufacturing and order fulfillment. By the mid-1950s , procurement had become a commonplace aspect of minor business, and procurement was almost comparable to secretarial work. Why Is Technology Driving Procurement Trends and the Role of Procurement?

Manufacturing Procurement 56

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 56

GlobalTranz

APRIL 13, 2021

There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. Don’t expect to plan for every disruption; instead, develop a strategy to overcome supply chain disruption, regardless of the source. The average cost of a data breach reached $3.86

Supply Chain Planning Software 82

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 82

GlobalTranz

AUGUST 24, 2015

However, one of the most important aspects of supply chain strategies is often overlooked: the reverse supply chain (also referred to as reverse logistics ). A reverse logistics strategy provides a path for removing the existing equipment to make way for the next era of equipment in the case of end of life products or new upgrdes.

Price Reduction 97

Price Reduction Resource Reduction Expense Reduction Material Savings 97

Blue Grace Logistics

NOVEMBER 28, 2023

Growers, shippers, and retailers with advanced supply chain strategies are earning consumer loyalty, thanks in part to the supply chain professionals who plan, execute, and adapt to the challenges posed by fresh produce. The journey from the farm to the consumer’s table involves a web of intricate processes and challenges.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chains Waste Reduction 62

AIMMS

FEBRUARY 9, 2017

If you’ve read up on the latest topics in the field of data analysis, then you’ve probably encountered the term Prescriptive Analytics. Prescriptive Analytics is at the cutting edge of data science and companies are increasingly interested in exploring its benefits. Perhaps most importantly, changing your strategy is nearly impossible.

Supply Chain Planning Software 78

Supply Chain Planning Software Optimization Software Modeling Software Optimal Sourcing 78

Parade

JANUARY 21, 2021

Capacity Management is a data-driven workflow that enables you to automate the finding and booking of the best carriers for your loads at the right moment -- which gives your team the ability to expand capacity, scale bandwidth, and grow business. We recently hosted a webinar walking through the topics below. Why “Capacity Management”?

Capacity 78

Capacity Sourcing Strategies Expense Reduction Cost Reduction 78

GlobalTranz

OCTOBER 19, 2015

10 Tips to Remain Competitive and Have an Effective Transportation Management Strategy. Effective transportation management strategy takes into account the availability of materials and order fulfillment requirements, ensuring that those resources are optimally utilized and warehouse capacity.

Resource Reduction 97

Resource Reduction Cost Reduction Optimal Sourcing Waste Reduction 97

Blue Grace Logistics

NOVEMBER 3, 2023

Glenn Taylor | Sourcing Journal November 02, 2023 In an improving sign for the retail supply chain, the majority of shippers surveyed by third-party logistics (3PL) provider BlueGrace Logistics—64.4 More than 45 percent of respondents said they have a positive sentiment related to their inventory levels, an improvement on the 33.3

Inventory Reduction 90

Inventory Reduction Inventory Ordering Freight 90

GlobalTranz

SEPTEMBER 30, 2015

Big Data and Analytics. In manufacturing, analytics optimizes production quality , saves energy, and improves equipment service. These simulations will leverage real-time data to mirror the physical world in a virtual model. will require increased data sharing across sites and company boundaries. Simulation.

Manufacturing Procurement 109

Manufacturing Procurement Optimization Software Modeling Software Optimal Sourcing 109

GlobalTranz

DECEMBER 27, 2017

This year, most were interesting in supply chain optimization - from distribution to inventory management - and Key Performance Indicators. 10 Advantages of Slotting Optimization in Warehouses. As new technology evolves, slotting optimization in warehouses will grow easier. The Top 10 Supply Chain Blog Posts from 2017.

Supply Chain Software 60

Supply Chain Software Blog Supply Chains Optimal Sourcing 60

GlobalTranz

JUNE 29, 2017

Editor's Note: Today's blog comes from Katie Cruze at considerdigital.com who give us the top 5 reasons why data quality is important. Data, for most companies, is often collected for record-keeping purposes. For many companies, managing the quality data can seem like an overwhelming task.

Data 77

Data Waste Reduction Sourcing Strategies Expense Reduction 77

GlobalTranz

JANUARY 9, 2017

2016 marched onward with a drive to improve the use of digital technology throughout the supply chain. Digital technologies, reports Richard Howells of Forbes Magazine, including Big Data, analytics, the Internet of Things, social media, and point-of-sale reporting, enable business to know more about consumer needs and wants than ever before.

Supply Chain Software 79

Supply Chain Software Supply Chains Optimal Sourcing Digital 79

Blue Grace Logistics

AUGUST 24, 2022

We cater to LTL and Truckload supply chain strategies using best in class technology and procurement capabilities, always looking to add value regardless of market conditions,” said Bobby Harris, Founder and CEO of BlueGrace Logistics. BlueGrace Recognized as Dominant Provider Show Submenu Resources. The Logistics Blog®. Whitepaper.

Supply Chain Software 62

Supply Chain Software Logistics Network Optimization Software Supply Chains Optimal Sourcing 62

GlobalTranz

OCTOBER 14, 2015

In today's highly competitive marketplace, it’s imperative for businesses to innovate new ways to streamline their supply chain and optimize productivity. Here are just a few ways to integrate modern supply chain technology applications into your business model and improve your supply chain management. Source: Morai Logistics.

Supply Chain Planning Software 104

Supply Chain Planning Software Supply Chain Software Supply Chain Technology Sourcing Strategies 104

GlobalTranz

NOVEMBER 11, 2016

Data reflect all the small, seemingly insignificant details of the modern world. From a review of your personal bank account spending habits to larger, more advanced processing capabilities, data evolve and expand with each passing day. When Did Big Data in Supply Chain Become a Game-Changer? .

Supply Chain Software 92

Supply Chain Software Supply Chains Data Sourcing Strategies 92

Logistics Bureau

OCTOBER 24, 2022

How retailers are reevaluating post-pandemic inventory strategies. Renault’s plans for network redesign and S&OP improvement. It uses sensor data from the physical entity to emulate its state and to enable the modeling of future changes, improvements, risks, and weaknesses. What is a Digital Twin. Trials a Success.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 62

GlobalTranz

JANUARY 18, 2017

Let’s take another look at how procurement, computing power, industry 4.0, cyber security, advanced robotics and automation became top priorities for research, development, and implementation throughout the past year’s operations in the manufacturing industry. . Procurement Operations Became Decentralized and Adaptable.

Manufacturing Procurement 58

Manufacturing Procurement Supply Chain Software Optimal Sourcing Procurement 58

GlobalTranz

OCTOBER 3, 2016

The Center for Global Enterprise releases new research suggesting revenue growth at the hand of improved digital supply chains. The research suggests improved enterprise Digital Supply Chains ( DSC ) can lead to a 20% reduction of procurement costs, a 50% reduction in supply chain costs, and an increase in revenue of 10%.

White Paper 82

White Paper Supply Chain Design Software Supply Chain Software Supply Chain Design 82