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 134

Supply Chain Planning Software Resource Reduction Material Savings Procurement Analytics 134

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 82

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 82

SYSPRO Smarter ERP

MAY 2, 2024

Why manufacturers should consider AI Generative AI (GenAI) and Machine Learning tools are being added to ERP solutions at a rapid pace, bringing new levels of automation and efficiency to business processes across the manufacturing enterprise. These range from data migration to integration, security and training.

ERP 59

ERP Supply Chain Planning Software Modeling Software Optimization Software 59

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

Logistics Bureau

APRIL 4, 2022

At Logistics Bureau, we want to help you with that, so we’re publishing this brief guide to help you if you haven’t already included freight benchmarking in your management strategies or want to benchmark more effectively than you are now. Alternatively, you can procure access to a digital freight benchmarking platform.

Negotiating Skills 82

Negotiating Skills Purchasing Skills Logistics Network Optimization Software Supply Chain Planning Software 82

FreightWaves SONAR

JULY 10, 2023

Businesses are prioritizing the speed of data propagation within their supply chains. According to Gold, NRF members have made significant investments in data analysis to improve their ability to predict consumer demand to prevent bloated inventory levels that many large retailers experienced around this time in 2022.

Data 52

Data Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 52

Logistics Viewpoints

JUNE 1, 2023

Now all retailers are re-assessing their sourcing strategies and looking for local alternatives to reduce risks, lead times and carbon footprint. This means continuously assessing the trade-off between the total cost to serve and meeting customer demand and minimizing lost sales.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 116

FreightWaves SONAR

MARCH 3, 2021

The idea went something like this: There is no strategy without intelligence , so gain as much information as possible on the current state of things. The cycle provided the kind of actionable ecommerce supply chain analytics for us to evolve and improve. The importance of data. Develop a manual solution to a given problem.

Supply Chain Software 90

Supply Chain Software Supply Chains Data Optimization Software 90

SYSPRO Smarter ERP

NOVEMBER 1, 2021

Industries are facing the need to plan new strategies and invest more in technology to gain a stronger foothold. We live in a time where we can purchase almost anything with a click of a button. With the rise of digital transformation manufacturers can use ERP to implement their e-commerce strategies.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Inventory Reduction 111

EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. Many business systems also include functionality to support certain inventory management and purchasing processes.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Waste Reduction 52

GlobalTranz

SEPTEMBER 23, 2021

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 Enabling Data-Driven Decision-Making. ?Access today’s freight market, OTR freight services?enable?continued

Optimal Sourcing 123

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

EazyStock

DECEMBER 13, 2020

In a perfect world, supply chain managers would be able to foresee every possible risk and threat to their supply chain and have a strategy prepared to successfully address any challenges when the moment came. Supply chain digitalization will help moderate everyday, manual tasks so teams have more tools to respond to problems that arise.

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Supply Chain Planning Software Cost Reduction 98

SYSPRO Smarter ERP

NOVEMBER 1, 2022

The more technology shifts manufacturing structures, systems and strategies, the more business-critical ERP becomes, and proper techniques are needed to make processes more efficient. No business can operate alone which is why an ERP strategy should align with a company’s core capabilities. A smarter supply chain with smart factory.

ERP 98

ERP Supply Chain Planning Software Factories Supply Chain Software 98

Logistics Viewpoints

FEBRUARY 3, 2022

Because switching from JIT to JIC is at best only a tool to address short-term problems and risk. planning offers an alternative to swinging the pendulum and as the strategy that provides the supply chain resilience leaders seek. Increasing critical parts inventory can be a smart strategy (e.g. A change to one link (e.g.

Inventory Reduction 174

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Inventory 174

Logistics Viewpoints

JUNE 9, 2022

Transparent data prepared especially for your logistics operation will get you easily through your peaks. This warehouse runs at a perfect optimum with fixed capital in the form of inventory balanced perfectly with sales and purchasing, and all the items perfectly distributed to the various storage areas of the warehouse.

Optimization Software 135

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

Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. The cloud also allows access to Big Data, which greatly improves the platform’s ability to do machine learning. That has recently changed.

Supply Chain Design Software 121

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 121

Logistics Viewpoints

APRIL 25, 2022

At a high level, the act requires that companies ensure compliance with human rights and the prevention of environmental degradation, both within their direct activities but also along their entire supply chain; and that grievance mechanisms be set up with reporting on an annual basis to the German government on the regulated activities.

Compliance 144

Compliance Supply Chain Software Supply Chains Procurement Solutions 144

FW Logsitcs

OCTOBER 10, 2023

Real-time Inventory Tracking Real-time inventory tracking is a critical strategy that ensures retailers and 3PL providers maintain accurate stock levels. It relies on technology like Radio-Frequency Identification (RFID) and barcoding to eliminate manual data entry errors and save time.

Optimization Software 52

Optimization Software Inventory Reduction Supply Chain Planning Software Inventory 52

Ship Monk

DECEMBER 15, 2023

billion, according to Adobe Analytics , up 7.5% Will consumers be reluctant to use credit cards for holiday purchases? For the first time, mobile purchases have overtaken desktop purchases. Shopify reports that sales were up 24% compared to last year, with 61 million consumers shopping globally this year.

Purchasing Skills 64

Purchasing Skills Material Savings Supply Chain Planning Software Procurement Analytics 64

20Cube Logistics

NOVEMBER 19, 2020

With technology evolving, the logistics companies are looking ahead with automation and digitalisation with forecasting tools as it has the capability to boost operational efficiency, improve warehouse performance and adequately manage the predictive analysis. Enhanced decision making : Analytics helps in making right decisions.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimization Software 52

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?

Supply Chain Planning Software 115

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

WorkWave

FEBRUARY 9, 2024

One effective strategy that’s been gaining traction is price bundling. Also known as packaged pricing, this strategy involves bundling various services together and charging one price. Bundled services are usually cheaper than if customers were to purchase each service individually. What are their most common needs?

Price Reduction 52

Price Reduction Purchasing Skills Tips Procurement Solutions 52

SYSPRO Smarter ERP

SEPTEMBER 29, 2022

Everything, from the first interaction with the organisation, to the purchase and after-sales support, must be designed with the customer in mind and implemented in such a way that customer only remembers a seamlessly smooth experience. Data-driven decision-making should form part of a business’s daily operations.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Design Software Modeling Software Supply Chain Software 105

GlobalTranz

NOVEMBER 18, 2016

Big data applications are already impacting supply chain entities around the globe, but some of its most interesting possibilities may have yet to be realized. However, the current progression of big data does give rise to some very tangible benefits to your company within the next five years. 6 Benefits to Using Big Data Applications.

Supply Chain Planning Software 89

Supply Chain Planning Software Data Material Savings Manufacturing Procurement 89

Logistics Viewpoints

JUNE 8, 2023

Sustainability: Reduce the carbon emissions impact of last-mile operations by adopting green fleets and implementing emissions reporting. Cost is an important consideration as well. Generally, companies that purchase last-mile delivery solutions align with the following criteria: Building software is not a core part of their business.

Modeling Software 122

Modeling Software Optimization Software Supply Chain Design Software Logistics Network Optimization Software 122

GlobalTranz

MAY 18, 2018

Omni-channel sales strategies have become essential to companies trying to keep up with Amazon and major retailers. In addition, some may feel that growing into a seamless omnichannel sales strategy is impossible without supply chain technology hiccups, but that is not true. Download white paper.

Supply Chain Design Software 55

Supply Chain Design Software Supply Chain Software Supply Chain Technology Optimization Software 55

3PL Links

APRIL 5, 2024

When implemented properly, this strategy improves customer satisfaction, lowers expenses, and strengthens the company’s position in the market. It goes beyond simply being an operational strategy. This is one of the logistics strategies that needs to be reinforced the most going forward.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Sourcing Strategies 48

GlobalTranz

MAY 20, 2015

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). Cost of quality. The definition of this metric is similar to the way it sounds.

Procurement Analytics 99

Procurement Analytics Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 99

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

The adoption of digital strategies is a major feature of new strategies that manufacturers are planning. A recent report The Fictiv 2021 State of Manufacturing report has shown that many companies are in the process of becoming more digitally proficient and organized. The new normal for manufacturers. Operations.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software ERP Manufacturing Procurement 115

SYSPRO Smarter ERP

MARCH 16, 2022

As you become more connected, more data is generated than ever before, creating the need to drive insights and make more informed decisions. They have several capabilities of an ERP system; optimizing cost control, streamlining business processes, improving productivity, and providing real-time data analysis for reporting and decision making.

Supply Chain Design Software 116

Supply Chain Design Software Supply Chain Planning Software Optimization Software ERP 116

SYSPRO Smarter ERP

MAY 22, 2023

A recent report by the IDC noted some benefits of these programs. Extend what is already made – repair and maintain products to maximize their lifetime; implement a return strategy when applicable. How can your ERP help with a sustainability program An ERP system has several tools that support sustainability.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 98

Logistics Bureau

SEPTEMBER 4, 2023

When costs begin to spiral out of control, the result is usually a loss of revenue in proportion to sales. Potential Factors in Declining Margins To get to the root of the problem, understanding the costs of production or purchasing will be a necessary starting point, but typically, more information will be needed.

Negotiating Skills 89

Negotiating Skills Purchasing Skills Cost Reduction Analysis 89

GoShip Blog

MAY 20, 2022

Reorganizing your logistics strategy and cooperating with reliable carriers are a solution. Analyze sales data and customer feedback to see what products generate active purchases. The details, like demographics, occupation, and favorite platforms for making purchases, will hint at things the audience potentially likes.

Material Savings 52

Material Savings Logistics Network Optimization Software Vendor Strategies Optimization Software 52

Talking Logistics

FEBRUARY 27, 2019

But beyond that, shippers today also expect their logistics partners to provide them with technology solutions, timely and accurate data, and business intelligence and analytics capabilities. This allows customers to go to one place to purchase any of our services. Operational excellence, of course.

Vendor Strategies 60

Vendor Strategies Price Reduction Logistics Network Optimization Software Modeling Software 60

GoShip Blog

APRIL 22, 2022

Demand forecasting is a highly efficient tool for any business type. You can invest saved costs into more wanted products or launch a new line. According to statistics, about 80% of customers prioritize personalized service when purchasing. The quantitative method relies on already existing sales data and previous demand tests.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chains 40

RPA Labs

JANUARY 13, 2022

With continued digital innovation, data from across the supply chain network and even consumer purchasing trends can be easily collected and analyzed to understand historical trends better and predict future demand. Management and Data Sharing Too. ??Even Conduct a Full Cost Versus Benefit Analysis.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimization Software Procurement Solutions 52

EazyStock

OCTOBER 31, 2022

Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. If a product isn’t available for customers to purchase because it’s out of stock, they will likely turn to a competitor and might not return. What is demand planning?

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52