SYSPRO Smarter ERP

MARCH 21, 2022

Several surveys have reported how SCM in recent years has moved from being a cost center to one responsible for offering superior customer experience and delivering competitive advantage. Primarily this meant increasing inventories as opposed to other strategies like nearshoring. How Supply Chain Management is changing.

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 116

SYSPRO Smarter ERP

JUNE 21, 2022

There are many causes, for example, container ships from Asia are now too large to traverse the Panama Canal (20 years ago they were not), so they offload on the West Coast of the United States and are compelled to truck all goods to the East Coast. Hence our surprise at the findings of the global survey above. .

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Software Supply Chains Optimization Software 105

Logistics Viewpoints

FEBRUARY 16, 2021

In a survey of 150 global manufacturing executives, 47% committed to improving supply chain visibility and tracking. According to the Global Supply Chain Disruption and Future Strategies Survey Report, this goal was the top-ranked planned tool investment. This example illustrates why supply chain visibility isn’t enough.

Supply Chain Planning Software 170

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 170

Logistics Viewpoints

AUGUST 5, 2021

In MIT’s State of Supply Chain Sustainability 2021 , 80% of executives surveyed said the pandemic either had no impact on their commitment or increased it. For example, confectioner Mars is building deeper relationships with fewer palm oil suppliers to increase their ability to monitor and impact deforestation.

Supply Chain Planning Software 179

Supply Chain Planning Software Supply Chains Material Savings Waste Reduction 179

Logistics Viewpoints

AUGUST 7, 2023

If you are implementing a warehouse management system, for example, you scan something, you put it away, you store items, you replenish, you build pallets. Companies typically expect that inventory levels will drop and service levels improve at the end of the first month. This is the penultimate example of leadership commitment.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Design Software Modeling Software Optimization Software 105

247 Customs Broker

SEPTEMBER 24, 2018

Note: The following is an excerpt from “ Omni-Channel Logistics Leaders: Top 5 Inventory Insights ,” based on research conducted by Adelante SCM and LEGACY Supply Chain Services with input from nearly 100 supply chain professionals from retail, manufacturing, and logistics service providers companies in the United States and Canada.

Optimal Sourcing 28

Optimal Sourcing Inventory Nodes Manufacturing Procurement 28

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. For example, are you still a minority owned company?

Manufacturing Procurement 131

Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 131

Logistics Viewpoints

OCTOBER 18, 2021

ARC Advisory Group’s warehouse labor survey has shown that 35% of warehouses have a seasonal surge in the number of workers they employ of over 20%. Amazon, for example, uses most of the hundreds of thousands warehouse workers they employ to support their retail operations, not their contract logistics division.

Survey 137

Survey Packing Supply Chain Design Software Supply Chain Planning Software 137

SYSPRO Smarter ERP

OCTOBER 4, 2021

A 2020 SYSPRO survey showed that 60% of manufacturing and distribution businesses were impacted by supply chain disruptions during the pandemic. Here are examples of the tangible return-on-investment (ROI) ERP can bring to your business: Maintain competitive advantage with ERP. ERP reduces operational and administrative costs.

Manufacturing Procurement 119

Manufacturing Procurement ERP Distribution Supply Chain Software 119

Freightos

JANUARY 15, 2024

For example, the Freightos Baltic Index indicates a 69% increase to North America’s East Coast and a staggering 226% to Northern Europe since the crisis began. This optimism is buoyed by the fact that 55% of importers have their inventories in check, anticipating a stronger freight demand in the coming year.

Negotiating Skills 117

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 117

Logistics Viewpoints

SEPTEMBER 26, 2022

For example, shippers spent much of last year bemoaning soaring ocean shipping rates and ships waiting for days to unload once they reached their destination port. In one comprehensive survey of 1,000 recently laid off workers, 65% say their employer could have done a better job handling the layoff.

Supply Chains 122

Supply Chains Vendor Strategies Manufacturing Procurement Inventory Reduction 122

Logistics Viewpoints

MAY 8, 2023

In a survey of 54 senior executives, only about one in four believed that the processes of their companies balanced cross-functional trade-offs effectively or facilitated decision making to help the P&L (profit and loss) of the full business.” Meanwhile, inventory optimization and production scheduling are more of a black box.

Supply Chain Planning Software 118

Supply Chain Planning Software Scenario Planning Optimal Sourcing Production 118

Logistics Viewpoints

JANUARY 12, 2023

A recent survey of global supply chain leaders suggests to me that the industry risks losing momentum. ” E2E also means being able to see things when they are not in transit, such as raw materials upstream, inventory in a warehouse or yard, products in retail outlets, or shipments stuck in customs.

Supply Chain Planning Software 114

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 114

Material Handling and Logistics

JULY 24, 2018

However, their ability to collect from customers and manage inventory actually both deteriorated, masked by a significant increase in the time companies take to pay suppliers, according to the latest Working Capital Survey results from The Hackett Group. days and Days Inventory On hand (DIO) rose by just 0.6% to 51 days.

Optimal Sourcing 92

Optimal Sourcing Inventory Reduction Survey Inventory 92

Logistics Bureau

JANUARY 7, 2020

According to a survey by Deloitte from 2014, 79 % of companies with high-performing supply chains achieve revenue growth superior to the average within their industries. In 2014, a survey by Tompkins Consortium delivered a shocking revelation. Pioneered the use of vendor-managed inventory. Inventory shortages.

Supply Chain Design Software 122

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 122

Logistics Viewpoints

AUGUST 8, 2023

In the recent Lucas Systems Voice of the Warehouse Worker survey, nearly 3 in 4 (74%) warehouse workers were at least somewhat likely to take a pay cut to work at another company with more technology tools to help them do their job. For example, you’ll need more tech skills to manage the equipment (robots, hydrogen vehicles, ASRS).

Optimization Software 125

Optimization Software Modeling Software Logistics Network Optimization Software Cost Reduction 125

20Cube Logistics

OCTOBER 29, 2020

According to a survey by market research firm IDC, “Around 50 per cent of supply chain logistics companies will use AI and Power BI for advanced analytics for planning by 2020”. For example, in a warehouse, AI helps retailers to maintain an edge for supply chain operations and product delivery. What is Artificial Intelligence?

Supply Chain Planning Software 74

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 74

Logistics Bureau

JANUARY 9, 2019

According to a survey by Deloitte from 2014, 79 % of companies with high-performing supply chains achieve revenue growth superior to the average within their industries. In 2014, a survey by Tompkins Consortium delivered a shocking revelation. Pioneered the use of vendor-managed inventory. Inventory shortages.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 118

Logistics Viewpoints

MARCH 2, 2023

Freight rates have plummeted, brokerages are struggling, and the industry is still bloated with excess inventory. For example, imagine your company moves 10,000 containers a year with an average contents value of $75,000. Closer to home for supply chain professionals, driver shortages continue to plague the industry.

Waste Reduction 118

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 118

247 Customs Broker

APRIL 6, 2018

More than 500 qualified respondents to our “34th Annual Salary Survey” report that their salaries moved up only incrementally last year. This year’s survey again draws the most feedback from successful logistics managers who have been climbing the executive ladder for some time. Respondents reflect. There’s never a dull moment.”.

Survey 28

Survey Negotiating Skills Supply Chain Planning Software Manufacturing Procurement 28

Freightos

OCTOBER 31, 2022

This article provides an overview, based on a survey of over 1,200 small businesses, of how small and midsize businesses have weathered the storm, and how a changing – and potentially recessionary – market is impacting their outlook. It is wide to consider slimming down inventory stocks…but only to an extent.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chains Manufacturing Procurement Scenario Planning 62

247 Customs Broker

MARCH 1, 2018

If there were one clear-cut conclusion to be drawn from our “2018 Warehouse and Distribution Center (DC) Equipment Survey,” it would be that the outlook for spending is bullish. At the same time, the survey revealed growing interest in the use of relatively new types of technology, including robotics, drones and smart glasses.

Supply Chain Software 28

Supply Chain Software Survey Automation Supply Chain Planning Software 28

Ship Monk

FEBRUARY 3, 2024

We’d go so far as to say that these loyal fans are your most precious business asset — more valuable, even, than your inventory — and that’s saying something, coming from a 3PL that stores inventory! They follow you on social media and may even have your mobile app on their phone. With any relationship, communication is key.

eCommerce 84

eCommerce Tips Procurement Solutions Logistics Network Optimization Software 84

ShipLilly

JUNE 23, 2021

There are examples of artificial intelligence being used to achieve these goals. For example, an online movie platform can prepare a recommended list for users based on their profile and previous behavioral patterns. Function 3: Improving the accuracy of inventory management. Another 53% reported increased revenues.

Optimal Sourcing 87

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 87

Logistics Business Magazine

AUGUST 15, 2023

The influence of delivery costs on consumer behaviour Recent surveys spotlight the pivotal role that delivery costs play in shaping shoppers’ purchasing decisions. A report by Asendia underscores this, revealing that 43% of the 8,000 global online shoppers surveyed rank delivery costs as a key consideration.

Purchasing Skills 65

Purchasing Skills Cost Reduction eCommerce Price Reduction 65

Ship Monk

JULY 27, 2022

For an eCommerce business owner, the answer is obvious: How the heck do I get a handle on my inventory management ?! Demand forecasting helps you: Optimize inventory Align with your operational strategy Analyze demographic and product trends Surprise and delight customers Protect yourself against financial risks Prepare for peak season.

eCommerce 52

eCommerce Inventory Reduction Cost Reduction Price Reduction 52

Bringg

MARCH 24, 2021

A good example of such a strategic decision could be choosing a warehouse’s location. According to a recent survey, only 15% of companies reported having either automated reporting or conveyance processes, and another 46% plan on automating reporting in the near future. A good example would be eliminating time buffers.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

Now, That's Logistics

DECEMBER 27, 2022

When passenger planes were grounded during the pandemic, for example, air freight capacity shrank accordingly. In October, for example, Air Cargo News reported that IATA was painting a picture of a sector that was “not too hot/not too cold.” The airfreight industry is keeping a close eye on the signals.

Trends 60

Trends Cargo Capacity Inventory 60

3PL Insights

FEBRUARY 19, 2019

Below are examples on how AI is used in logistics. Drones are even playing a part in inventory management. Inventory management is a time consuming and error-prone process. Plus, they can work at night, survey the warehouse multiple times and compare results for a more accurate picture. Autonomous Technology.

Supply Chain Software 95

Supply Chain Software Supply Chains Inventory Reduction Cost Reduction 95

Stord

JANUARY 30, 2019

This facility will use specialized technology to store and distribute inventory more efficiently. Online grocery ordering is just one example; new initiatives in any category will drive continued attention to warehousing and distribution. In response, many shippers moved their inventory to the U.S. The survey results 7.

Warehousing 78

Warehousing Inventory Reduction Supply Chain Design Software Cost Reduction 78

3PL Links

DECEMBER 28, 2023

The primary logistics trends for 2024 are shown below, along with examples of how some of the industry’s top businesses are already incorporating them into their plans. Major e-commerce companies, for instance, currently employ forecasts, inventory data, and big data analytics to modify the products they suggest to consumers.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Sourcing Strategies Trends 48

3PL Links

DECEMBER 3, 2023

Predictive analysis can cut inventory expenses by as much as 30%, per a recent report. Additionally, they aid businesses in improving the planning of their distribution, inventory, and manufacturing. Demand predictability Predicting market demand leads to more effective inventory management. This ratio increased to 54% in 2022.

Supply Chain Planning Software 48

Supply Chain Planning Software Optimal Sourcing Analysis Supply Chain Software 48

Trinity Logistics

NOVEMBER 17, 2021

Nearly 60 percent of those surveyed reported waiting for longer than two hours on each load. This is in line with data collected by a DAT solutions survey showing that 63 percent of drivers say they spend more than three hours waiting when loading and unloading. Freightwaves also collected data on driver wait times.

Supply Chain Planning Software 87

Supply Chain Planning Software Cost Reduction Supply Chain Software Inventory Reduction 87

Conger

JULY 28, 2022

Plenty of examples of warehousing. Geological Survey. This allows companies to keep a closer eye on inventory levels, product flows, and shipping. A higher degree of control over inventory management, such as space utilization, inventory tracking, and team management. Their pros and cons. Let's dive in!

Examples 52

Examples Definition Supply Chain Design Software Supply Chain Software 52

FreightWaves SONAR

JUNE 5, 2023

In this blog post, we’ll walk through some of the obstacles to medium-term demand planning, consider how high-frequency supply chain data can help fill the informational gaps that companies are grappling with, and then look at a real-world example of how the data in FreightWaves SONAR can give insight into the goods economy.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Data Freight 52

Trinity Logistics

JANUARY 6, 2023

Having too much inventory can potentially lead to chemical waste or spoilage while too little can make it difficult to meet customer demand. According to a survey by the American Chemistry Council , 97 percent of companies reported having to change to their operations due to supply chain issues in recent years.

Industry 62

Industry Material Savings Supply Chain Software Supply Chains 62

WorkWave

JANUARY 18, 2021

There are many ways to measure your customer’s experience , including: Open communication; Using a voice-of-the-customer system; Surveys; Interpreting customer actions. Another example of using software to automate tasks is a social media management dashboard. Or, you may need to change your shipping methods to meet customer needs.

Sourcing Strategies 98

Sourcing Strategies Inventory Reduction Tips Supply Chain Software 98