FreightWaves SONAR

APRIL 4, 2024

Recognizing the collective significance of market conditions across KMAs at any given time, logistics professionals can devise strategies that accommodate the diverse nature of these areas, ensuring efficient and effective freight procurement and management. Curious about how KMA trends can inform an effective supply chain strategy?

Supply Chains 52

Supply Chains Optimal Sourcing Freight Outbound 52

CLX Logistics

NOVEMBER 13, 2023

This forward-looking approach is positioned as a key strategy to achieve real-time visibility and predictive analytics, echoing the broader industry trends in chemical shipping and beyond. With technology like LaneLogix , the power of data is harnessed to improve cost reduction and efficiency through advanced data-driven procurement.

Supply Chain Software 94

Supply Chain Software Resource Reduction Cost Reduction Optimal Sourcing 94

EazyStock

MARCH 4, 2021

How to Increase Inventory Turnover with Inventory Optimization. The concept of inventory optimization helps many businesses improve their inventory turnover – without damaging stock availability. Six Ways to Improve Inventory Turnover (with Inventory Optimization). The Importance of Improving your Inventory Turnover.

Optimal Sourcing 59

Optimal Sourcing Inventory Reduction Inventory Optimization Software 59

Bringg

AUGUST 5, 2020

This post looks at how click & collect works, why demand for it is trending now, and what retailers can do to ensure click & collect experiences that are also good for their business. While interest in click & collect is not new, 2020 saw a massive spike in demand and turned it into one of the hottest retail trends.

Trends 118

Trends Modeling Software Optimization Software Optimization Modeling 118

EazyStock

FEBRUARY 1, 2021

trillion by 2023 , indicating a need for more robust online sales strategies. For businesses to succeed in eCommerce they must ensure they have an effective eCommerce supply chain strategy. Here are ways you can optimize your inventory management practices for eCommerce competitiveness: How to Manage eCommerce Inventory.

Inventory Reduction 52

Inventory Reduction Optimization Software eCommerce Inventory 52

Conger

APRIL 1, 2024

Continue reading to learn more about this essential strategy to ensure your equipment performs optimally at all times. Examples include cleaning and lubricating the moving parts or replacing parts before they wear out. The secret to achieving efficiency lies in adopting robust maintenance strategies. Let’s dive in!

Material Savings 82

Material Savings Expense Reduction Resource Reduction Cost Reduction 82

3PL Links

MAY 11, 2023

Image source: Pixabay | Maximize Your Efficiency: Top 5 Supply Chain Trends to Adopt in 2023 We can all agree that the supply chain is critical to a business’s operational success, right? We hope that our article has helped you stay up to date on supply chain trends for 2023.

Sourcing Strategies 62

Sourcing Strategies Supply Chain Software Supply Chains Optimal Sourcing 62

CLX Logistics

JULY 26, 2021

Let’s look at the facts – the percentage of supply chain managers using new analytics tools and services to develop better bidding strategies has increased from 17% in 2017 to more than 30% in 2020. Next-generation supply chain management tools like CLX LaneLogix are a perfect example of the type of system. Service Level Benchmarking.

Material Savings 40

Material Savings Sourcing Strategies Cost Reduction Inventory Reduction 40

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. In each of these cases, inventory optimization software can help.

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

AIMMS

FEBRUARY 3, 2020

Here are three trends to consider. . Many are relying on advanced analytics to optimize their supply chain for sustainability. The Institute of Forest Management from the Technical University of Munich developed an AIMMS model that helps forest enterprises consider risks and strategies for carbon mitigation.

Supply Chain Planning Software 133

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 133

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. It converged with a trend of both airlines and ocean liners investing far more heavily in their fleets over the past fewyears.

Negotiating Skills 115

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 115

FreightWaves SONAR

APRIL 25, 2023

When operating minibids or short-term RFPs, or when pricing individual loads, it is important to understand the directional movement of freight trends in order to be proactive in your pricing strategy. New features are available in Market Dashboard+ that help users quickly identify trends and market movement.

Negotiating Skills 52

Negotiating Skills Price Reduction Supply Chain Planning Software Outbound 52

Talking Logistics

OCTOBER 30, 2018

Many are leveraging technology to time their offers of capacity to optimize profitability. Though they’ve always relied on internet load boards, posting services and other tools determine when and where loads are available, today they’re leveraging these technologies to “lie in wait” for opportunities to optimize their margins.

Optimization Software 60

Optimization Software Supply Chain Software Material Savings Logistics Network Optimization Software 60

GoShip Blog

DECEMBER 29, 2022

Fortunately, there are effective strategies you can employ to reduce your e-commerce store’s shipping costs. A perfect example is GoShip , a self-service freight marketplace that directly connects small to mid-sized businesses. For example, try reducing the amount you spend on packaging supplies.

Cost Reduction 52

Cost Reduction Price Reduction Inventory Reduction Negotiating Skills 52

GlobalTranz

AUGUST 18, 2016

As a result, you need to understand what distribution technology trends, as explained by Advantage Business Media and Lindsay Konzak of Modern Distribution Management , are being seen in today's distribution network and how they will impact future operations. For example, a shipper’s sales team can work with other businesses in a B2B setting.

Supply Chain Planning Software 60

Supply Chain Planning Software Optimization Software Supply Chain Software Logistics Network Optimization Software 60

GlobalTranz

FEBRUARY 27, 2018

The answers to these questions lie in understanding a few of the top industrial procurement trends to expect in 2018. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Analytics Driven Procurement Will Take Center Stage as the Key Player in all the Industrial Procurement Trends.

Manufacturing Procurement 66

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Supply Chain Software 66

MTS Logistics

DECEMBER 20, 2023

Elastic logistics is becoming a shining example of efficiency and cost savings due to its capacity to dynamically react to changing demand by expanding or reducing operations. Let’s dissect the essential elements that make up this dynamic strategy: 1. Cost optimization is made possible by elastic logistics’ adaptability.

Supply Chain Software 82

Supply Chain Software Supply Chains Inventory Reduction Cost Reduction 82

AIMMS

FEBRUARY 3, 2020

Here are three supply chain trends to consider. . Many are relying on advanced analytics to optimize their supply chain for sustainability. The Institute of Forest Management from the Technical University of Munich developed an AIMMS model that helps forest enterprises consider risks and strategies for carbon mitigation.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 62

GlobalTranz

FEBRUARY 13, 2017

Fortunately, your organization can get ahead of the learning curve by knowing what trends in logistics to watch for this year. The Top 6 Trends in Logistics Impacting Shippers in 2016. Meanwhile, the use of Big Data will empower new fleets and freight optimization and consolidation measures, and the IoT will provide new insights.

Resource Reduction 82

Resource Reduction Trends Inventory Reduction Material Savings 82

Logistics Business Magazine

DECEMBER 22, 2020

For example, integrating temperature-sensing solutions such as Zebra Temptime can indicate if vaccines, medications, biologics, blood, food and more have been exposed to potentially hazardous conditions that could impact their efficacy or safety. Several dynamics and trends are impacting the warehousing and supply chain landscape.

Supply Chain Software 45

Supply Chain Software Supply Chain Planning Software Automation Trends 45

EazyStock

FEBRUARY 13, 2019

What are the primary supply chain management trends for 2019? In this post we will present recent trends you may not have heard of – yet – but ought to keep an eye on as they develop. In this post we will present recent trends you may not have heard of – yet – but ought to keep an eye on as they develop. Distributed Inventory.

Supply Chain Software 45

Supply Chain Software Supply Chain Planning Software Supply Chains Trends 45

Logistics Viewpoints

JANUARY 21, 2021

ML looks into historical data (for example, transit time statistics of carriers) and data from impactful external factors (such as port congestion, weather or holidays) and uses this information to develop more accurate transit time estimates. These can include traffic conditions, port congestion, storms, and holiday closures.

Inventory Reduction 207

Inventory Reduction Supply Chain Planning Software Cost Reduction Resource Reduction 207

EazyStock

JUNE 16, 2022

For example, navigation apps, facial recognition, smart assistants, and even robot vacuum cleaners at home use this smart tech. AI can adapt in near-real-time to changing conditions and develop new knowledge by processing more data and revealing more patterns and trends than humans can. However, it is now common in everyday life.

Supply Chain Software 52

Supply Chain Software Optimization Software Supply Chains Inventory Reduction 52

GlobalTranz

DECEMBER 12, 2014

Reshoring Optimism Abound, However, Let’s Look at the Data Now. Manufacturing establishments (the number of factories or manufacturing sites), have followed the same trend. Clearly, such articles represent cherry-picked case studies, not a national trend. You’ve probably heard the good news. wages following the recession.

Optimization Software 93

Optimization Software Optimization Factories Case Study 93

GlobalTranz

APRIL 20, 2021

Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic. It’s the result of a deliberate strategy that may require tradeoffs compared to other approaches. This strategy requires greater investment and inventory carrying costs but enables continued production.

Supply Chain Planning Software 115

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

Logistics Viewpoints

FEBRUARY 8, 2021

So, what are the mega trends? How does the pandemic and digital technology play into these trends? The pandemic has greatly accelerated this trend. Many companies still struggle to achieve segmentation strategies. Instead, the best planners go through multiple steps to generate optimal results.

Supply Chain Planning Software 172

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 172

Logistics Viewpoints

DECEMBER 2, 2021

Importers will look for near-term strategies to move their shipments away from congested trade lanes or process containers further inland to minimize the impact of lead time variability that has dramatically increased in 2021. Online buying will fuel home delivery growth, challenges and new strategies.

Waste Reduction 187

Waste Reduction Cost Reduction Inventory Reduction Resource Reduction 187

Trinity Logistics

JANUARY 9, 2018

As we put the year behind us, let’s talk about some of the biggest logistics trends to watch for in 2018. With optimal utilization, companies can complete deliveries on-time while keeping costs intact. For example, while autonomous mobile robots are fast approaching maturity, blockchain is at the bottom of the maturity curve.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 48

Locus

DECEMBER 7, 2021

A prime example is how governments in the Middle East have begun to rethink food security targets after the disruptions to their food supply chains. With the pandemic and political instability, businesses in the Middle East have begun to reconsider supply chain strategy to improve their resilience. Optimize sourcing decisions.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

GlobalTranz

FEBRUARY 15, 2017

Consequently, you need to understand the top five trends in manufacturing tech and how they relate back to connected devices and the IoT. The First 5 Manufacturing Tech Trends of 2017. Communication and collaboration are keys to better manufacturing processes, and new apps and smart devices will further empower this trend.

Cost Reduction 74

Cost Reduction Modeling Software Optimization Software Price Reduction 74

Locus

MARCH 27, 2024

Additionally, optimizing the logistics of returns by strategically planning routes and fully utilizing vehicle space can significantly reduce operational expenses. Moreover, omnichannel retailing offers retailers the golden opportunity to optimize their inventory management. This is where the magic of optimal routing comes into play.

Cost Reduction 52

Cost Reduction Inventory Reduction Expense Reduction Resource Reduction 52

SYSPRO Smarter ERP

OCTOBER 20, 2021

This would make it almost impossible to identify any trends around things like customer preferences and demands, as well as to define the optimal future direction for your organization from a technology perspective if the organization only produced analogue data. Digital transformation: a strategy.

Digital 133

Digital Factories Supply Chain Planning Software Supply Chain Software 133

GlobalTranz

JANUARY 18, 2016

After taking a look at the automation technology trends in logistics from our first post, take a look at how these technology trends in logistics will grow and what impact they will have for the industry. This specific example may also be applied to a new concept in logistics, tracking shipments with Bluetooth technologies. .

Logistics Network Optimization Software 72

Logistics Network Optimization Software Optimization Software Supply Chain Software Trends 72

Ship Monk

AUGUST 22, 2022

let’s pull back that curtain and talk about creating SKUs and ways SKUs can optimize your inventory management and customer experience. For example, if you’re a clothing vendor, the type of garment would have an alphanumeric assignment (jacket, coat, shirt, skirt, pants, etc.). Optimized Ordering.

Inventory Reduction 52

Inventory Reduction eCommerce Inventory 3PL 52

Logistics at MPEPS at UPV

MAY 24, 2023

The company’s strategy has been to optimize costs, centralizing its services in an industrial warehouse in the Paterna technology park, where they have facilities that allow them: Efficient cooking processes From the central kitchen, the chefs prepare the dishes served in all the restaurants (the menu is practically the same in all of them).

Price Reduction 52

Price Reduction Inventory Reduction Cost Reduction Logistics Network Optimization Software 52

Stord

MARCH 5, 2019

For example, speakers from Walmart and Best Buy shared how they they gained better freight visibility and created a shorter returns cycle. Speakers from Carter’s and ClearMetal shared their experiences with predictive analytics for delivery optimization.

Conference 78

Conference Waste Reduction Optimal Sourcing Resource Reduction 78

GlobalTranz

JANUARY 10, 2017

The State of Supply Chain 2016 Trends. Consequently, all processes, including inventory management, logistics, data analytics and ongoing performance management, as reiterated by the staff of Supply Chain 24/7, improvement, can be optimized, creating a more efficient, direct and intelligent supply chain network. Agile = The New Lean.

Manufacturing Procurement 65

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 65