Talking Logistics

MARCH 10, 2021

Thanks to ongoing innovation in technology, systems integration, and cloud networks, we have more data available today than ever before. But how can companies turn this abundance of data into actionable insights to make smarter and more effective operational and procurement decisions? That is the key question.

Procurement 88

Procurement Data Operations Transportation 88

Shipsta

APRIL 23, 2021

Digital freight procurement is the use of digital technologies to rapidly source, compare and analyse bids from carriers. By automating complex tasks and providing greater visibility of data, digital freight procurement helps businesses control freight cos ts and manage risk in their supply chain.

Procurement 130

Procurement Digital Supply Chain Software Freight 130

Talking Logistics

APRIL 11, 2021

Thanks to all sorts of technology advancements and system integrations, we have more data today than ever before. But how can companies turn data into insights, and then leverage those insights to make smarter and more effective operational and procurement decisions? This is particularly true in transportation.

Procurement 78

Procurement Video Data Operations 78

SIPMM Professional Publications

JANUARY 31, 2021

AI helpsprocurement specialists to solve complex problems and enormous data more effectively by using software applications and smart computer algorithms. The post Artificial Intelligence (AI) in Procurement for the Hotel Industry appeared first on SIPMM | Singapore Institute of Purchasing and Materials Management.

Procurement Solutions 213

Procurement Solutions Procurement Industry Digital 213

Talking Logistics

MAY 16, 2022

Today, supply chain and logistics professionals are awash in all kinds of data. One area in particular where data plays a critical role is in transportation procurement. How does analyzing data effectively connect. Read more Supply Chain’s Most Profitable Four-Letter Word: Data.

Data 139

Data Procurement Supply Chains Transportation 139

FreightWaves SONAR

MARCH 11, 2021

Transportation procurement remains a major problem for enterprises faced with the need for faster and more extensive capacity. Part of acting on them immediately derives from the size of the data collected and how it can be transformed into meaningful insights. Freight market data size consistency matters.

Optimal Sourcing 98

Optimal Sourcing Data Procurement Freight 98

SIPMM Professional Publications

APRIL 15, 2019

Data analytics is the process of examining data sets in order to draw conclusions about the information they contain, increasingly with the aid of specialized systems and software. Data analytics technologies and techniques are widely used in commercial industries to enable organizations to make more-informed business decisions.

Procurement 106

Procurement Data Ordering Industry 106

Supply Chain Brain

APRIL 17, 2024

Procurement teams across the globe are stepping up, adapting and innovating amid whispers — and sometimes shouts — of economic uncertainty.

Data 95

Data Procurement 95

Talking Logistics

JUNE 19, 2022

There’s certainly a lot of data in supply chain and logistics. Some companies drown in it, while others find a way to convert data into business value. One area where data plays a critical role is in transportation procurement. How does data connect to procurement connect to profitability?

Video 94

Video Data Procurement Supply Chains 94

CLX Logistics

NOVEMBER 13, 2023

The podcast, titled “Navigating the Future: Data-Driven Supply Chain,” served as a platform for CLX Logistics to underscore the pivotal role of data in shaping the future of supply chain operations.

Supply Chain Software 94

Supply Chain Software Resource Reduction Cost Reduction Optimal Sourcing 94

Supply Chain Brain

JULY 24, 2021

The combined effect of these three trends is reshaping supply chain procurement as we’ve traditionally known it.

Procurement 122

Procurement Trends Data Supply Chains 122

FreightWaves SONAR

MARCH 15, 2021

This is particularly true for truckload shipping procurement. The problem looms large for shippers and managers across the supply chain network, but the answer is out there – better utilization of smart data and automated processes. Read on to see how these innovations can help with truckload shipping procurement.

Optimal Sourcing 72

Optimal Sourcing Procurement Negotiating Skills Data 72

CLX Logistics

NOVEMBER 21, 2023

When looking ahead to the future, it’s crucial to reflect on the past year, identify emerging trends, and strengthen strategies for benchmarking and procurement. This innovative approach translates data into actionable insights that help to unveil hidden patterns that would otherwise remain unnoticed. The outcome?

Optimal Sourcing 95

Optimal Sourcing Manufacturing Procurement Procurement Cost Reduction 95

Logistics Viewpoints

APRIL 6, 2023

Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services.

Optimal Sourcing 120

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Procurement Analytics 120

Shipsta

JULY 22, 2021

One of the biggest paradoxes in logistics is that data is an essential part of the freight procurement process, yet so much of it is left lying dormant and underutilised.

Data 130

Data Procurement Freight Logistics 130

Logistics Bureau

FEBRUARY 15, 2021

The best way to understand the difference between procurement and purchasing in a business is to consider the process involved in buying a car, says Logistics Bureau’s procurement specialist, Trent Morris. Procurement First, Purchasing Follows. The first part, where you are doing research into the industry, that’s procurement.

Manufacturing Procurement 117

Manufacturing Procurement Procurement Analytics Purchasing Skills Procurement 117

Logistics Viewpoints

JANUARY 11, 2021

Jeff Tramel, the Vice President of Global Procurement, at NTT DATA Services. SAP recently announced that NTT DATA Services, a global digital business and IT services company, had achieved $125 million in value based on a digital transformation of their procurement function. And more importantly, how did NTT DATA do it?

SAP 104

SAP Optimal Sourcing Negotiate Pricing Negotiating Skills 104

SYSPRO Smarter ERP

JULY 3, 2023

What is Machine Learning ML is the computing engine behind AI and gives computers the ability to make sense of, and learn, from data to perform specific tasks without manual interference. Nine areas where AI can help manufacturers There are several ways in which data and AI can be applied in the manufacturing industry. The Industry 4.0

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Data Optimization Software 98

Talking Logistics

SEPTEMBER 4, 2022

The good news is that companies today have greater access to real-time benchmarking data and market intelligence. Read more [Video] Why Benchmarking is the First Step to a Successful Freight Procurement Event. The good news is that companies today have greater access to real-time benchmarking data and market intelligence.

Procurement 78

Procurement Events Video Freight 78

Material Handling and Logistics

OCTOBER 30, 2018

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.

Optimal Sourcing 166

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 166

FreightWaves SONAR

DECEMBER 29, 2020

Load capacity limits play a crucial part in a supply chain network organization, logistics metrics management, and procurement in the shipping industry. Freight management parties need to understand why procurement falters without technology and how technology can boost sourcing across all industries.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Software 98

Logistics Viewpoints

JANUARY 11, 2021

Jeff Tramel, the Vice President of Global Procurement, at NTT DATA Services. SAP recently announced that NTT DATA Services, a global digital business and IT services company, had achieved $125 million in value based on a digital transformation of their procurement function. And more importantly, how did NTT DATA do it?

SAP 82

SAP Optimal Sourcing Negotiate Pricing Negotiating Skills 82

RPA Labs

APRIL 14, 2022

With minimal capacity at maximum cost, freight forwarders are looking for ways to streamline procurement, and leveraging an integration chatbot is one way to achieve that goal. High-quality robotic process automation (RPA) has the potential to make everything it touches more efficient with the data behind it to explain why.

Procurement 78

Procurement Supply Chain Design Software Supply Chain Software Cost Reduction 78

Logistics Viewpoints

APRIL 1, 2021

In a previous post , I made a case for how the Chief Supply Chain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. Accordingly Supply Chain and Procurement will need continuous collaboration. By aligning supply chain and procurement, spend can be considered more holistically.

Optimal Sourcing 113

Optimal Sourcing Manufacturing Procurement Procurement Analytics Supply Chain Planning Software 113

Logistics Viewpoints

OCTOBER 23, 2023

The discipline has done a good job of driving collaboration between sales and marketing and manufacturing, procurement, and logistics. Because procurement is a major theme of the conference, I could not help but talk to the top executives of this business unit about the new Elon Musk biography.

Manufacturing Procurement 155

Manufacturing Procurement Production Supply Chain Design Procurement 155

Logistics Business Magazine

DECEMBER 7, 2023

The solution lies in a robust approach that leverages data to bolster resilience. Proactive data utilisation not only mitigates present risks but also equips companies to navigate future disruptions with agility and foresight. This includes regularly updating and cleansing the data to remove duplicates and errors.

Supply Chains 55

Supply Chains Data Sourcing Strategies Collaboration 55

The Logistics of Logistics

SEPTEMBER 25, 2023

Verusen utilizes advanced data science and artificial intelligence to harmonize disparate material data across multiple enterprise systems to provide complex supply chains with material truth for supply and inventory planning and procurement intelligence. The Greenscreens.ai

Optimal Sourcing 394

Optimal Sourcing Material Savings Sourcing Strategies Inventory Reduction 394

CLX Logistics

NOVEMBER 21, 2023

When looking ahead to the future, it’s crucial to reflect on the past year, identify emerging trends, and strengthen strategies for benchmarking and procurement. This innovative approach translates data into actionable insights that help to unveil hidden patterns that would otherwise remain unnoticed. The outcome?

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Procurement Cost Reduction 52

Supply Chain Brain

NOVEMBER 22, 2021

a procurement services and technology provider, announced enhancements to its spend and data analytics platform OneMarket Insights. LogicSource Inc.,

Data 96

Data Procurement 96

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.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

FreightWaves SONAR

APRIL 13, 2021

With the proper use of data and freight analytics , contract procurement and securing capacity can be enhanced. The incredible insights that accurate data has to offer combats volatility and unearths a clear understanding of what’s actually happening in the market. Those are the founding principles behind SONAR SCI Lane Acuity.

Negotiating Skills 97

Negotiating Skills Optimal Sourcing Sourcing Strategies Data 97

The Logistics of Logistics

OCTOBER 19, 2022

Marc is the Co-founder and CEO of Fishtail, a Boston based fintech company that empowers freight forwarders to finance the movement and procurement of goods – for small and medium businesses (SMBs) around the world. Marc Held and Joe Lynch discuss the Fishtail story. About Marc Held. About Fishtail. Key Takeaways: The Fishtail Story.

Optimal Sourcing 335

Optimal Sourcing Procurement Solutions Supply Chain Software Logistics Network Optimization Software 335

SIPMM Professional Publications

JANUARY 15, 2019

It is even so in the healthcare sector where there is an enormous amount of data that is sensitive and can be easily used for malicious attack if there are no proper safeguards. The post Six Crucial Factors on Cyber Security for Healthcare Procurement appeared first on SIPMM ACADEMY.

Procurement 109

Procurement Security Presentation Data 109