The Logistics of Logistics

FEBRUARY 11, 2022

So, as an example, the IMS tracks and reports that there are 30 widgets in Warehouse A, 25 in Warehouse B, 48 in Manufacturing Plant A, and so on. An example would be scanning a pallet ID and location barcode to confirm that the pallet with the ID of 123 has been putaway location 456, for example.

Inventory 273

Inventory Optimal Sourcing Optimization Software Manufacturing Procurement 273

Logistics Viewpoints

AUGUST 8, 2022

Emerge has an interesting new platform to deal with the problems shippers are having procuring truck capacity. It has spot procurement functionality that you would see in a transportation management system (TMS), and the request for proposal (RFP) functionality you would see in contract planning or procurement solutions.

Supply Chain Design Software 138

Supply Chain Design Software Supply Chain Planning Software Freight Logistics Network Optimization Software 138

Logistics Viewpoints

JANUARY 11, 2021

Jeff Tramel, the Vice President of Global Procurement, at NTT DATA Services. SAP recently announced that NTT DATA Services, a global digital business and IT services company, had achieved $125 million in value based on a digital transformation of their procurement function. The procurement function is self-funded.

SAP 104

SAP Optimal Sourcing Negotiate Pricing Negotiating Skills 104

Logistics Viewpoints

SEPTEMBER 7, 2022

Kevin Nelson, a chief procurement officer and senior vice president at BD, agreed to be interviewed on this topic. The company had access to huge amounts of trade data, for example. Thirdly, the tool can improve their financial forecast. Finally, the tool is a sales tool. Supply Chain Chaos is the New Norm.

Supply Chain Software 123

Supply Chain Software Supply Chains Optimal Sourcing Procurement Solutions 123

Logistics Viewpoints

MARCH 24, 2022

Business intelligence tools can use this visibility and other information to help shippers act more strategically by procuring the most efficient, cost-effective carrier services. Procurement teams play an incredibly important role. This can lead to poor carrier service selection and damage the bottom line.

Supply Chain Planning Software 131

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Optimal Sourcing 131

Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. The supply chain design solution, for example, continues to grow in depth and usability. I saw this claim as being more a statement of intention than of fact.

Supply Chain Design Software 121

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

Ship Monk

APRIL 5, 2024

The fact is, most business owners think of procurement as nothing more than a transactional relationship. For example, evaluate processes including invoicing, payment, tech integrations, communications, timely approvals, and customer service responses. Establish KPIs that hold both your suppliers and your procurement team accountable.

Negotiate Pricing 83

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 83

Logistics Viewpoints

OCTOBER 10, 2022

in turn, is a boutique procurement consultancy. Professionals from procurement, compliance, logistics, sustainability, information-security and several other internal stakeholder all use the solution for different reasons. This intermediate step is more related to Procurement and supply chain transparency. Any final thoughts?

Supply Chain Planning Software 134

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 134

Logistics Viewpoints

JANUARY 11, 2021

Jeff Tramel, the Vice President of Global Procurement, at NTT DATA Services. SAP recently announced that NTT DATA Services, a global digital business and IT services company, had achieved $125 million in value based on a digital transformation of their procurement function. The procurement function is self-funded.

SAP 82

SAP Optimal Sourcing Negotiate Pricing Negotiating Skills 82

Logistics Business Magazine

NOVEMBER 30, 2023

Efficio, a global procurement and supply chain consultancy, is working with business leaders to do just that – turning attention to the supply chain to make the biggest impact on ESG. Supply chains are most organisations’ largest source of emissions, and procurement can and should be the engine for change.

Supply Chain Software 51

Supply Chain Software Supply Chains Sourcing Strategies Procurement 51

GlobalTranz

JULY 30, 2018

Supply chain leaders must weigh the pros and cons of implementing blockchain solutions and consider the enterprise-wide impacts, like better productivity to increase wages, reduced shrink, and better maintenance schedules tool. An Introduction to Blockchain and Its Potential Benefits and Drawbacks in Supply Chain Management.

Supply Chain Software 50

Supply Chain Software Examples Logistics Network Optimization Software Supply Chains 50

CLX Logistics

APRIL 26, 2019

For companies willing to embrace opportunities for improvement across the entire supply chain, here’s a look at the top transportation procurement and benchmarking trends. The technology component is becoming increasingly important in all aspects of logistics management, including procurement and benchmarking. Learn More.

Optimal Sourcing 51

Optimal Sourcing Negotiating Skills Procurement Cost Reduction 51

Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post was written in collaboration with , OpenEnvoy , a leading automated invoice reconciliation tool. Digitize Invoicing to Eliminate Errors and Guard Cash Flow.

Supply Chain Software 148

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 148

Logistics Bureau

APRIL 4, 2022

It will also make it easier to determine, for example, if you should opt for contract rates over spot rates or vice versa. Alternatively, you can procure access to a digital freight benchmarking platform. The Pros and Cons of Procuring a Benchmarking Tool. That’s the first question to ask.

Negotiating Skills 82

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

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. The tools listed below will help you navigate all these challenges to achieve the best rates possible without compromising speed or service.

Material Savings 40

Material Savings Sourcing Strategies Cost Reduction Inventory Reduction 40

SYSPRO Smarter ERP

MAY 10, 2022

This should also integrate with inventory management and procurement so that goods are ordered in time and there is visibility over stock items. By using business analytics tools in the forecasting process, the quality of forecasts can be assessed and trends analyzed.

Manufacturing Procurement 111

Manufacturing Procurement ERP Procurement Solutions Optimal Sourcing 111

Logistics Business Magazine

SEPTEMBER 30, 2022

Because, on one hand, customer demands are increasing – for example, in quick commerce, deliveries are already specified in minutes. Tools include scenario planning, cross-functional communication and AI-supported decision-making. Scenario planning is a tool to forge resilient chains.

Supply Chain Design Software 69

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 69

Logistics Bureau

APRIL 3, 2023

So, for example, outsourcing sales activity is not typically a good idea if yours is a retail sales company. For example, US-based companies may be quite fortunate if they have access to manufacturers right on their doorstep in Mexico, a country with far lower labour costs than the rest of North America.

Outsourcing 87

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 87

SYSPRO Smarter ERP

AUGUST 1, 2022

For example, in a bakery business, using the right tool with the BOM, the overall capacity of the oven and fridges could be monitored, and improvements as to how best to use ability could be suggested to reduce electricity costs, capacity constraints and workforce. First, keeping track of the production process is very beneficial.

Optimal Sourcing 111

Optimal Sourcing Manufacturing Procurement Material Savings Inventory Reduction 111

Log-hub

APRIL 20, 2023

Sustainable transport solutions, better-utilized vehicles, and the appropriate digital tools are making sustainability a real-time need, not just a trend. If you are for example in the chemical or tobacco industry, the green direction seems a little bit farther on the road, doesn’t it?

Supply Chain Planning Software 52

Supply Chain Planning Software Material Savings Resource Reduction Cost Reduction 52

SYSPRO Smarter ERP

APRIL 26, 2023

Business processes can be automated to improve workflow, and information can flow automatically between different areas of the business — for example, from customer order, to inventory procurement, to production job scheduling, to invoicing and to warehouse shipment. No manual data entry is needed; this means no duplication of work.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing ERP Supply Chain Design Software 98

SYSPRO Smarter ERP

APRIL 18, 2022

New SYSPRO research reveals 47% of survey respondents invested in sensors, IoT or IIoT to collect data and respond to supply chain disruption, however only 20% of businesses invested in data analytics tools to process and analyze the data and only 5% of businesses investigated AI and ML to draw any long-term benefit from the data collection.

Manufacturing Procurement 124

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software ERP 124

Globalior

JUNE 26, 2020

Procurement: Procurement may be able to work from home, however a big part of a procurement executive’s job is vendor management which is best done face to face. In most companies, logistics executives are primarily involved in coordinating and monitoring shipments through email and phone communications.

Supply Chain Planning Software 52

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

SYSPRO Smarter ERP

NOVEMBER 30, 2021

It provides the facility to analyze forecasting errors, share data between departments such as procurement, identify sales trends and seasonality. Other related tools such as Pareto analysis identify which products are most profitable and hence those you should focus your attention on. Stay Agile, Get Ahead.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Manufacturing Procurement 105

Logistics Viewpoints

FEBRUARY 26, 2024

For example, when a UPS strike was looming last year, the Interos solution automatically highlighted Cooper’s strategic suppliers that relied on UPS for shipping. Agility and Resilience Dr. Runkle gave a few examples of the varied ways in which they use the solution to improve their operations. Then the risk solution fills in the gaps.

Supply Chain Planning Software 149

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 149

Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post was written in collaboration with , OpenEnvoy , a leading automated invoice reconciliation tool. Digitize Invoicing to Eliminate Errors and Guard Cash Flow.

Supply Chain Software 78

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 78

Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post was written in collaboration with , OpenEnvoy , a leading automated invoice reconciliation tool. Digitize Invoicing to Eliminate Errors and Guard Cash Flow.

Supply Chain Software 78

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 78

Blue Grace Logistics

SEPTEMBER 30, 2021

For example, a company gets a shipping rate of $100, and they quote the customer $120. For example, for how long is it correct to do this? It is vital to anticipate market fluctuations that may increase rates, causing companies to incur freight expenses that will not be recovered if they do not have the right tools to prevent that.

Freight 62

Freight Logistics Network Optimization Software Material Savings Cost Reduction 62

Logistics Business Magazine

FEBRUARY 7, 2022

In Hall 7 Booth C61, the supply chain experts from Bochum will demonstrate the IT tool’s five solutions. The tool is used by more than 150 brands worldwide. Over the course of time, specialists have further developed OSCA so that users can also manage several tiers of upstream suppliers with the tool.

Procurement Solutions 58

Procurement Solutions Supply Chain Software Logistics Network Optimization Software Presentation 58

Conger

APRIL 1, 2024

Examples include cleaning and lubricating the moving parts or replacing parts before they wear out. Predictive Maintenance Predictive maintenance takes things further using data analysis tools and techniques like vibration analysis and thermal imaging. This digital tool streamlines scheduling regular preventive maintenance checks.

Material Savings 82

Material Savings Expense Reduction Resource Reduction Cost Reduction 82

CLX Logistics

NOVEMBER 17, 2022

While no one solution can account for or prevent these disruptions, ensuring that you have complete, real-time transportation visibility for your shipments can vastly improve your shipping stability, speeds, procurement, and brokerage abilities.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Software Optimization Software Supply Chains 52

Blue Grace Logistics

SEPTEMBER 23, 2021

The Women in Supply Chain award honors female supply chain leaders and executives whose accomplishments, mentorship and examples set a foundation for women in all levels of a company’s supply chain network. They’ve re-tooled, re-innovated and revamped how the world sees the supply chain and logistics industry.

Supply Chain Software 62

Supply Chain Software Logistics Network Optimization Software Supply Chains Optimal Sourcing 62

Material Handling and Logistics

DECEMBER 14, 2018

Cloud-based supply chain management tools, the Internet of Things (IoT), artificial intelligence (AI) and machine learning are expected to figure prominently in future supply chain operations. Mistrust of data and analytics tools is not just a supply chain and logistics issue.

Supply Chain Software 166

Supply Chain Software Optimal Sourcing Supply Chains Sourcing Strategies 166

Logistics Viewpoints

AUGUST 22, 2022

As an example, instead of deli meats at higher price points, customers are increasing purchases of hotdogs as well as canned tuna or chicken.” One example is the VizPick technology that we’ve rolled out to our associates across U.S. We’re achieving significant savings in the procurement of goods.”

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Software Supply Chains Purchasing Skills 115

Stord

JANUARY 11, 2022

." - Sean Henry, CEO Patching Together Supply Chain Elements "I believe the secret is out - companies for years have skirted by with sub-optimal supply chains, limited visibility, poor partners and inflexible tools, and then struggled to patch all these together to serve their end customers.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Optimization Software Optimal Sourcing 78

FreightWaves SONAR

MARCH 22, 2021

For example Atlanta’s OTMS value is 4% and outbound rejections increased from 3% to 5% over the past seven days. For example, if there is a darker red shading, you can expect that the shipping rates for space in a truck will also elevate on a cost per mile basis. OTMS x OTRIW = WRI. The calculation would be: 4 x (5-3) = 8 WRI.

Capacity 98

Capacity Demo Price Reduction Cost Reduction 98

AIMMS

NOVEMBER 12, 2019

Procurement then pulls together a summary file with the vendors’ different scores for the supply chain decision maker to evaluate. Let’s take some examples. . Other questions I see include: “How many statistical models does your tool support?” “Are Is it because the current tool you use needs a lot of fiddling and adjusting?

Supply Chain Planning Software 101

Supply Chain Planning Software Procurement Solutions Modeling Software Supply Chain Software 101