Logistics Viewpoints

MAY 10, 2022

Companies must also offer a healthy workplace which listens to their workforce and offers modern tools that keep workers happy in addition to being productive. Does it require manual data entry? Survey your users to avoid unseen pitfalls and make sure you’re actually purchasing a solution that provides a good user experience.

Vendor Strategies 109

Vendor Strategies Waste Reduction Cost Reduction Optimization Software 109

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 importance of data. But a key insight for us in the ecommerce supply chain domain was the importance of data. With insight in hand, identify the best problems to solve.

Supply Chain Software 90

Supply Chain Software Supply Chains Data Optimization Software 90

Blue Grace Logistics

AUGUST 10, 2021

Over the last decade, ever since social media and the IoT became common-place mediums, there has been a change in marketing tools and strategies. A more streamlined communication is provided by omnichannel strategies. Omnichannels blur the line between online and in-person purchases.

Expense Reduction 62

Expense Reduction Cost Reduction Strategy Optimization Software 62

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

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

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

FW Logsitcs

MAY 13, 2024

They expect fast and efficient delivery times, often viewing shipping speed as a key factor in their purchasing decision. Learn More e-Commerce Shipping Strategies for High-Growth Brands In the fast-paced world of eCommerce, efficiency is the key to growth. Simplify your supply chain and minimize delivery issues.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Software Inventory Reduction Cost Reduction 52

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. The data, which is reported on the EcoVadis platform, highlights the supplier’s emissions.

Supply Chain Planning Software 133

Supply Chain Planning Software Resource Reduction Material Savings Procurement Analytics 133

Ship Monk

APRIL 5, 2024

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. Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. If so, good on you!

Negotiate Pricing 82

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 82

EazyStock

AUGUST 21, 2020

There are many financial benefits to introducing stock reduction strategies – in particular focusing on your excess and obsolete items. Here we’re going to focus on our favorite top five inventory reduction strategies. Are your internal purchasing processes efficient enough to allow you to reduce your order cycles?

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

Logistics Viewpoints

JUNE 8, 2023

While the initial purchase cost of an existing platform may appear higher, the added benefits, scalability, and efficiencies it provides ensure lower costs over the long term and higher lifetime value. Purchasing technology from a vendor can be a complex task, especially when it comes to estimating costs.

Modeling Software 121

Modeling Software Optimization Software Supply Chain Design Software Logistics Network Optimization Software 121

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

Logistics Business Magazine

FEBRUARY 18, 2024

Need for Speed A key consideration for many shoppers before they make any purchase is the expected delivery time. In fact, 42% of UK consumers now expect to pick up an item ordered online from a physical store on the same day of purchase and 43% will look elsewhere if delivery or pick up of an item exceeds two days.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 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 they are more likely to focus on value and affordability and change their priorities and brand preferences when making purchases.

Supply Chain Planning Software 115

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

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

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

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 134

Optimization Software Logistics Network Optimization Software Supply Chain Planning Software Modeling Software 134

Logistics Business Magazine

JULY 31, 2023

The event will highlight data-driven decision-making in “Empowering Supply Chain Decisions with a Global Trade Intelligence Platform” and showcase how automation boosts profitability in “Boosting Supply Chain Profitability Through Automated Financial Control.”

Supply Chain Software 61

Supply Chain Software Supply Chains Procurement Solutions Material Savings 61

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

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

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

Logistics Bureau

SEPTEMBER 4, 2023

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. Some customers are very good at finding loopholes to reduce their purchasing costs.

Negotiating Skills 89

Negotiating Skills Purchasing Skills Cost Reduction Analysis 89

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. What do shipper’s look for in a logistics partner?

Vendor Strategies 60

Vendor Strategies Price Reduction Logistics Network Optimization Software Modeling Software 60

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

3PL Links

FEBRUARY 6, 2023

Specifically, supply chain training will make it simple for your staff to use the many technical tools they use on a regular basis. It is crucial that they understand how to use these tools correctly as well as how to respond quickly if something goes wrong. The reaction time could be lengthy in the event of an incident, though.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Optimization Software 62

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

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. Gather internal and external data.

Supply Chain Planning Software 52

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

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 Consider emails, video calls, data transfers, and the like as well. ?5.

Supply Chain Planning Software 52

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

Logistics Viewpoints

SEPTEMBER 7, 2022

Only through this extensive mapping can you see that it may be because there’s a Tier 5 supplier who is not able to get the rare earth mineral out of China that goes into the microprocessor (we purchase). The company had access to huge amounts of trade data, for example. We can’t get the data. But I was skeptical.

Supply Chain Software 123

Supply Chain Software Supply Chains Optimal Sourcing Procurement Solutions 123

Logistics Viewpoints

APRIL 24, 2023

The cloud also allows access to Big Data, which greatly improves the platform’s ability to do machine learning. Initially, this product will focus on the purchase order (PO) acceptance process. In its ideal form, these planning processes should help leaders align strategy, financial considerations, and supply chain strategy.

Supply Chain Design Software 121

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

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

WorkWave

SEPTEMBER 21, 2021

Rather than simply marching from house to house knocking on doors, sales representatives need to engage specific strategies to ensure that each person who is visited understands why they need the product at hand. One effective strategy is to paint a vivid picture of solving a problem. Experience Empathy and Understand Emotions.

Resource Reduction 40

Resource Reduction Material Savings Cost Reduction Buyer Training 40

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. Strategies can be optimized accordingly for better productivity.

Supply Chain Planning Software 52

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

FreightWaves SONAR

MARCH 11, 2021

However, added pressures on the industry led Big M Transportation’s leaders to reconsider their current pricing strategy. And that was what kick-started the purchase of SONAR, its implementation and the generation of results during the greatest peak season in history. Whitney Stokes.

Price Reduction 52

Price Reduction Purchasing Skills Case Study Transportation 52

Logistics Business Magazine

FEBRUARY 23, 2024

Red Bull’s Formula One HQ in Milton Keynes is an appropriate and impressive backdrop to learn why data is fuel in logistics. High performance in logistics can be maintained by extracting insights from data and taking practical steps. Complexity requires having a data strategy.” Machine help? Our industry is en vogue.

Logistics Network Optimization Software 51

Logistics Network Optimization Software Supply Chain Software Supply Chain Planning Software Supply Chain Design Software 51

GoShip Blog

APRIL 22, 2022

Demand forecasting is a highly efficient tool for any business type. According to statistics, about 80% of customers prioritize personalized service when purchasing. Forecasting operations typically aim to examine and evaluate customers’ purchasing patterns and habits. Collect the data. Determine the forecasting goal.

Supply Chain Planning Software 40

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