GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. The State of Supply Chain 2016 Trends. Procurement’s Role Did Become More Important. Artificial Intelligence. billion by 2018 to grow these relationships.

Manufacturing Procurement 65

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 65

GlobalTranz

OCTOBER 5, 2018

An omnichannel retail strategy is the new norm in today’s supply chains. The days of managing channels on an individual basis are over, and consumers are using multiple devices and e-commerce platforms for nearly all purchases. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018.

Modeling Software 78

Modeling Software Sourcing Strategies Cost Reduction Supply Chain Planning Software 78

Logistics Bureau

OCTOBER 1, 2018

Call it a cop-out if you like, but predicting which logistics and supply chain trends will make a difference to businesses in any given year has become notoriously difficult, given the speed at which technology in particular, can suddenly disrupt the way things are done. 2018 Update: How Did the Trends Progress?

Supply Chain Planning Software 87

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 87

GlobalTranz

FEBRUARY 6, 2017

Aside from the new administration, Amazon’s supply chain continued push deeper into new and existing markets will define additional trends in the supply chain throughout the coming year. Fortunately, these five trends may alleviate some of the strains of competition by giving supply chain partners an advantage in the global market.

Supply Chain Planning Software 73

Supply Chain Planning Software Procurement Analytics Supply Chain Software Manufacturing Procurement 73

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

Logistics Viewpoints

AUGUST 14, 2023

Thomson Reuters purchased the global trade compliance vendor Integration Point in 2018. They offer a solution for corporate tax departments called ONESOURCE. The Integration Point solution was rebranded to be one of the modules in the ONESOURCE suite. The large fines above are examples of this class of penalties.

Compliance 106

Compliance Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies 106

FW Logsitcs

MAY 13, 2024

They expect fast and efficient delivery times, often viewing shipping speed as a key factor in their purchasing decision. Explore a 3PL solution from FW Warehousing. Learn More e-Commerce Shipping Strategies for High-Growth Brands In the fast-paced world of eCommerce, efficiency is the key to growth.

Supply Chain Design Software 52

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

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 Bureau

APRIL 4, 2022

At Logistics Bureau, we want to help you with that, so we’re publishing this brief guide to help you if you haven’t already included freight benchmarking in your management strategies or want to benchmark more effectively than you are now. Alternatively, you can procure access to a digital freight benchmarking platform.

Negotiating Skills 82

Negotiating Skills Purchasing Skills Logistics Network Optimization Software Supply Chain Planning Software 82

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. What is demand planning?

Supply Chain Planning Software 52

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

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. According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025.

Resource Reduction 82

Resource Reduction Trends Inventory Reduction Material Savings 82

Logistics Business Magazine

DECEMBER 16, 2021

Ralf Duester, board member of the SCM software specialist Setlog , summarises which trends will shape the year 2022. His analysis is based on conversations and data from Setlog customers who use the SCM tool OSCA, e.g. more than 100 brands in the fashion industry alone. Sourcing and purchasing models are being rethought.

Supply Chain Planning Software 53

Supply Chain Planning Software Supply Chain Software Modeling Software Optimization Software 53

Logistics Business Magazine

MARCH 2, 2022

To bring transparency and structure into the supply chain, the company has been relying on the SCM software OSCA since 2021. In 1989, for example, the company obtained the license for JOOP! There were tracking lists in Excel for purchase orders and forwarders received change notifications by e-mail. Simple implementation?

Supply Chain Planning Software 53

Supply Chain Planning Software Supply Chain Software Supply Chains Procurement Solutions 53

EazyStock

APRIL 18, 2023

Our eGuide, Supply chain and logistics management trends for 2023 , looks at potential issues facing supply chain managers this year and how to respond. When demand fluctuates, and costs rise, it can be tempting to throw out long-term strategies to react to these changes. For example, warehouse costs, insurance and financing.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Reduction Optimal Sourcing 52

Logistics Viewpoints

DECEMBER 2, 2021

There will be little relief in 2022 unless the factors driving the increased import volumes—a strong economy and the fundamental shift in consumer behavior to purchase more goods and less services—change. Near or re-shoring sourcing strategies will be evaluated to “shorten” supply chains and gain greater control of supply chain performance.

Waste Reduction 187

Waste Reduction Cost Reduction Inventory Reduction Resource Reduction 187

Blue Grace Logistics

JULY 27, 2021

We explore how predictive analytics and big data with human sentiments can add value and amplify their supply chain strategies. Customer expectations and the buying capacity of the purchaser coupled with the cost of substitutes or complementary goods also play an important role. Simple Examples of Predictive Analytics.

Procurement Analytics 62

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

Logistics Viewpoints

JUNE 20, 2022

China, for example, only produces 14% of their total units, only 3% of those units end up being exported to the United States and 2% to EMEA. Achieving agility with a strategy to sell goods in the same region they are produced in, “has never been more important,” Mr. Bailey exclaimed. COVID adversely affected many multinationals.

Supply Chain Planning Software 127

Supply Chain Planning Software Supply Chain Software Manufacturing Procurement Supply Chains 127

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

GoShip Blog

MARCH 7, 2023

It helps you identify the inefficient aspects of your business processes and decipher the best strategies to refine them. Encourage customers to provide reviews of your business According to PowerReviews , about 95% of consumers read reviews before making any purchasing decision. What tasks can be automated?

Tips 52

Tips Logistics Network Optimization Software Procurement Solutions Waste Reduction 52

WorkWave

AUGUST 24, 2020

These skills include, but are not limited to: impeccable organization, timekeeping, and management skills, the ability to remain calm under pressure, engage in critical thinking, and the capacity to adapt to upcoming trends. strategy, management, operations, financial advisory, and human resource consultants).

Logistics Network Optimization Software 52

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

FW Logsitcs

SEPTEMBER 5, 2023

Sustainable packaging is a growing trend in the world of commerce. As more businesses and consumers become concerned about the environmental impact of packaging materials, there has been a shift toward finding alternative solutions.

Packaging 52

Packaging Material Savings Waste Reduction Resource Reduction 52

EazyStock

OCTOBER 20, 2020

Trends: Product demand is influenced by fashion, technology, social, economic and legal factors. Look out for such trends in your historical demand data and adjust your forecasts accordingly. For more complex inventory classification, use inventory optimization software , which carries out multi-dimensional item categorization.

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

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

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. Furthermore, this can be a tool of forging new relationships as well.

Supply Chain Planning Software 60

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

Logistics Viewpoints

FEBRUARY 8, 2022

As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. For example, they might browse products online, but visit a brick-and-mortar store to finalize their selection. Navigating an Increasingly Challenging Logistics Landscape.

Optimal Sourcing 113

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 113

Logistics Business Magazine

JULY 25, 2022

Japan is a country with many different facets and passions, but it is also one of the world’s birthplaces of e-commerce, with a mature market and well-defined trends. Sitma believes it can provide a tangible solution to these needs. However, data relating to purchasing habits is somewhat surprising.

Supply Chain Design Software 41

Supply Chain Design Software Procurement Solutions Purchasing Skills Packaging 41

Logistics Viewpoints

FEBRUARY 3, 2022

Calls are increasing for a return to just-in-case (JIC) policies, with some citing this trend as a risk. Because switching from JIT to JIC is at best only a tool to address short-term problems and risk. planning offers an alternative to swinging the pendulum and as the strategy that provides the supply chain resilience leaders seek.

Inventory Reduction 175

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Inventory 175

EazyStock

MARCH 26, 2018

Through better inventory management, we’ve been able to support our stock management and procurement processes much better, which has even resulted in higher profits!” In Microsoft Dynamics NAV for example, you can set values for reorder points and safety stock levels. ” [1]. Automated alerts.

ERP 72

ERP Inventory Reduction Inventory Optimal Sourcing 72

Locus

MARCH 28, 2022

For example, clothing stores enable customers to browse and try out the merchandise in person, get helpful suggestions from the human sales staff, and receive a seamless checkout experience with automated cashiers. Myntra’s Roadster Go (India) store is a fine example of this category.

Cost Reduction 52

Cost Reduction Supply Chain Planning Software Inventory Reduction Price Reduction 52

Ship Monk

AUGUST 22, 2022

The final 2 – 3 characters in a SKU provide data related to inventory stock—the number of products you have in your store or 3PL fulfillment center, the order that they were purchased, and when they were processed. There are online tools as well, and you can create SKUs by hand. and enhance customer relations. Optimized Ordering.

Inventory Reduction 52

Inventory Reduction eCommerce Inventory 3PL 52

Logistics Business Magazine

NOVEMBER 24, 2023

Ralf Duester, board member of the Bochum-based SCM software specialist Setlog, shows which trends will be important in 2024. His statements are based not only on discussions with experts from the industry and research, but also on data from Setlog customers who use the SCM tool OSCA. Skilled labour shortage forces action 2.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimization Software 59

Blue Grace Logistics

APRIL 11, 2021

Most transportation and logistics companies had a digitalization strategy before the COVID-19 pandemic, but the implementation was moving at a snail’s pace. Grocers, for example, had to quickly implement new digital processes for customers to order and pickup orders. Accelerating trends in technology.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Digital Logistics Network Optimization Software 62

ShipLilly

FEBRUARY 8, 2023

This is a trend that is undesirable since excess inventory tends to have a detrimental effect on cash flow. There was a time when excess inventory was a solution to the uptick in e-Commerce. For example, some businesses could position themselves as the source for hard-to-find items that have not been recently stocked by most rivals.

Inventory Reduction 52

Inventory Reduction Inventory Handling Price Reduction 52

SYSPRO Smarter ERP

FEBRUARY 21, 2022

Discrete manufacturing makes distinct ‘things’, process manufacturing makes ‘stuff’ (for example, fertilizer). Most enterprise software packages are not designed to handle the combination of process and discrete manufacturing processes, with their very distinct Inventory and Bill of Material needs.

Manufacturing Procurement 116

Manufacturing Procurement ERP Material Savings Inventory Reduction 116

GlobalTranz

MAY 15, 2017

Unlike traditional supply chains, omnichannel supply chains rely on the successful integration and application of data, process standardization and high-tech tools to ensure a seamless flow of information and products. The first toward implementing an omnichannel supply chain strategy is automation.

Supply Chain Design Software 60

Supply Chain Design Software Supply Chain Software Modeling Software Optimization Software 60

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. For example: With such different demand patterns, it doesn’t make sense to treat every product the same.

Inventory Reduction 52

Inventory Reduction Optimization Software eCommerce Inventory 52