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SONAR Indices & Insights: Improve Freight Shipping Procurement with SONAR SCI’s Lane Acuity Plus

FreightWaves SONAR

Supply chain professionals responsible for transportation procurement at Fortune 500 companies focus on three things – budget forecast accuracy, service scores and primary tender acceptance. harder to procure capacity at the benchmark rate per mile ) in both the outbound and inbound directions.

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Winning strategies for distributors and manufacturers during an economic downturn

EazyStock

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.

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2021 Strategies for Inventory Management and Supply Chain Recovery

EazyStock

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.

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Embracing Strategic Digitalization to Stay Ahead of Tech Obsolescence

Locus

As evidenced by 70% of companies either implementing or actively working on digital transformation strategies, it has become clear that digital solutions are not just value-additions but fundamental for survival. This emphasizes the urgent need for businesses to adopt efficient digital solutions to meet these demands.

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Advantages of cloud computing for supply chain management

EazyStock

Many more traditional supply chain strategies originated in a steadier business environment. The transition to cloud solutions in supply chain management. For example, management might have been cautious about adopting cloud-based supply chain solutions due to security concerns over data breaches and loss of irreplaceable data.

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The fundamentals of demand planning and forecasting

EazyStock

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?

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The fundamentals of demand planning and forecasting

EazyStock

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?