SYSPRO Smarter ERP

AUGUST 31, 2023

If you are a finance professional in a manufacturing business, your main goals are to reduce risk, improve profitability, and maintain high levels of compliance. A better way is to connect your Excel reports directly to the data source and get the same reports you used to spend hours or days creating, in minutes. Analysis is limited.

Optimal Sourcing 89

Optimal Sourcing Optimization Software Optimization Data 89

Locus

JULY 24, 2023

Retailers should find ways to optimize truckloads to reap benefits. How do we optimize these loads? Shippers need to leverage automated and intelligent solutions to truly optimize the supply chain and impact the bottom line in a positive way. However, trucking industries have many business models they operate by.

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MercuryGate

JUNE 24, 2021

The key to supply chain optimization lies in the ability to integrate the appropriate software platforms. Procurement and shipping managers are collaborating with TMS and other platforms to increase productivity and profitability. The pandemic has brought forth many areas of improvement that managers may have overlooked.

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Optimal Sourcing Supply Chain Software Optimization Software Supply Chains 52

Supply Chain Brain

MAY 15, 2022

Soaring customer demand has created unique challenges for procurement managers. By developing effective inventory management techniques, procurement professionals can tackle the issues from several unique angles.

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SYSPRO Smarter ERP

NOVEMBER 21, 2022

Keeping the right level of inventory requires a technique called inventory optimization. Inventory optimization. The search for optimal inventory levels is therefore a key objective. The key technical requirements when aiming for optimized inventory levels are data accuracy and timeliness. The rise of Industry 4.0

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Ship Monk

JUNE 14, 2023

An ecommerce store owner is expected to master everything from sourcing materials to manufacturing and procurement, to fulfillment and shipping orders to customers. The inbound supply chain encompasses all the steps that go into manufacturing and/or procuring the goods and readying them for sale.

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

CLX Logistics

JUNE 27, 2023

This streamlined approach ensures quicker issue resolution, enhanced troubleshooting, superior rate negotiations, and improved customer satisfaction. By leveraging advanced technology and systems, CLX enhances transparency and enables real-time updates for improved logistics management.

Optimal Sourcing 52

Optimal Sourcing Negotiating Skills Freight Logistics Network Optimization Software 52

Locus

JULY 24, 2023

If done right, load matching means better resource optimization, cost reduction, streamlined operations, and ultimately, happy customers and businesses. It strives to find the most cost-effective carrier that meets the load requirements and delivery constraints , contributing to overall cost reduction and improved profitability.

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Optimal Sourcing Sourcing Strategies Optimization Software Logistics Network Optimization Software 52

SYSPRO Smarter ERP

AUGUST 1, 2022

However, effectively dealing with these challenges and optimizing a manufacturing business’ processes is challenging without adopting and implementing a Bill of Materials (BOM) to accompany an organization’s ERP system. It identifies constraints in the business processes, providing guaranteed improvements.

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3PL Links

SEPTEMBER 19, 2023

6 Unheard Tips to Optimize Reverse Logistics in Your Business | Image source: Pexels Any company that wishes to provide better service for exchanging or returning goods, or that wants to lower the proportion of goods that are returned following failed delivery attempts, must have a solid reverse logistics plan.

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Optimal Sourcing Reverse logistics Logistics Network Optimization Software Logistics 48

GlobalTranz

JULY 28, 2021

Additional opportunities can be reached through transportation optimization whether using a 3PL or 4PL. It's important to understand how transportation optimization can work well with managed transportation service providers to attain that goal. Defining Transportation Optimization.

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Optimal Sourcing Transportation Optimization Software Supply Chain Design Software 126

SYSPRO Smarter ERP

AUGUST 17, 2022

Manufacturers and distributors can optimize their inventory management using some of the latest emerging technologies, including machine learning, data analytics, artificial intelligence, and cloud computing. Using proven inventory management processes, supply chain design, and planning helps optimize your stock.

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Optimal Sourcing Inventory Reduction ERP Optimization Software 82

Locus

APRIL 3, 2023

An effective logistics solution is critical for optimizing supply chain efficiency, reducing costs, improving customer satisfaction, and supporting sustainability goals. This article will provide easy insight into the world of logistics management—from the key components and challenges to tips on optimizing it for your business.

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Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chains 52

Locus

JUNE 2, 2023

The main objectives of inbound logistics are to ensure timely and efficient delivery of materials to support production processes, optimize inventory levels, minimize costs associated with transportation and storage, and maintain good relationships with suppliers. Focus Procurement, receiving, storage, and inventory management.

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Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Outbound 52

Logistics Viewpoints

APRIL 29, 2021

Many companies are achieving this transformation by adopting modular, elastic DC technologies – including AI and robotics – that provide continuous warehouse optimization without replacing their current monolithic and static warehouse systems. Optimization software can also be a “soft” alternative to investing in more steel (i.e.,

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Optimal Sourcing Optimization Software Supply Chain Design Software Supply Chain Planning Software 93

The Logistics of Logistics

JANUARY 13, 2023

The Amplio solutions ensure that you have the inventory you need, when you need it, at the most optimized price so that you can focus on what matters most to you and your business. Trey and the Amplio team believe that sourcing electronic components should be easy and predictable. Streamline procurement. Amplio on LinkedIn.

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Manufacturing Procurement Optimal Sourcing Procurement Solutions Supply Chain Design Software 261

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. The Importance of Improving your Inventory Turnover. Six Ways to Improve Inventory Turnover (with Inventory Optimization).

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Supply Chain Brain

JUNE 4, 2023

Recently, companies have invested more money and resources into Procurement Performance Managers to ensure procurement performance is monitored, optimized and impactful.

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Optimal Sourcing Procurement Optimization 98

Material Handling and Logistics

JULY 26, 2022

Companies with forward-thinking procurement strategies rebounded three times faster from COVID than those without, according to Kearney research.

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Optimal Sourcing Procurement Optimization Strategy 60

EazyStock

APRIL 28, 2022

What does supply chain optimization mean? Put simply, supply chain optimization means using technology to get inventory to the right place at the right time – at the lowest cost and highest profit for your business. Supply chain optimization best practice. Increase technology to improve forecast accuracy.

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Optimal Sourcing Supply Chain Software Supply Chain Planning Software Supply Chains 52

EazyStock

APRIL 28, 2022

What does supply chain optimization mean? Put simply, supply chain optimization means using technology to get inventory to the right place at the right time – at the lowest cost and highest profit for your business. Supply chain optimization best practice. Increase technology to improve forecast accuracy.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Supply Chains 52

CLX Logistics

AUGUST 17, 2022

A transportation management system is a logistics technology platform that helps manufacturers, distributors, 3PLs, and any participant in the supply chain system plan, execute, and optimize the transportation of incoming and outgoing goods and ensure shipments are compliant and properly documented.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Supply Chain Planning Software Logistics Network Optimization Software 52

SYSPRO Smarter ERP

MAY 30, 2022

Disruptions like the pandemic, supply shortages, global trade barriers, high customer expectations and inflation all add tremendous pressure on the procurement process. Despite this, only 33% of businesses invested in procurement and sourcing technologies. Using ERP to improve purchasing transparency.

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Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 78

SYSPRO Smarter ERP

APRIL 19, 2019

Procurement is often overlooked and undervalued, yet it impacts every facet of a business. Procurement and supplier relationships have an important role to play when it comes to ensuring manufacturers and distributors meet their strategic goals. It’s time to streamline the procurement process, harnessing […].

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Logistics Viewpoints

APRIL 6, 2023

Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services.

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Blue Grace Logistics

JUNE 10, 2021

What’s covered in this article: Benefits of freight optimization technologies. Freight optimization technologies have increased in relevance, as they could help improve the health of a business by reducing costs and increasing sales. Drivers also benefit from optimization. Driver safety. AI and automation.

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SYSPRO Smarter ERP

MAY 30, 2022

Disruptions like the pandemic, supply shortages, global trade barriers, high customer expectations and inflation all add tremendous pressure on the procurement process. Despite this, only 33% of businesses invested in procurement and sourcing technologies. Using ERP to improve purchasing transparency.

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Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 70

Supply Chain Brain

AUGUST 2, 2023

For global shippers, diversification of sourcing and transportation providers is the order of the day. Hannah Testani, chief executive officer of Intelligent Audit, explains how artificial intelligence can help them to address the complexities that result.

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Optimal Sourcing Transportation Optimization Networks 98

Logistics Viewpoints

AUGUST 29, 2023

These freight savings can be attributed to simulation and network design, load consolidation and lower cost mode selections, and multi-stop route optimization. For classification purposes, if the solution includes a route guide, planning optimization, and electronic tendering/acceptance execution, it is included in this category.

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Optimal Sourcing Optimization Software Logistics Network Optimization Software Modeling Software 131

Logistics Viewpoints

SEPTEMBER 4, 2023

Procuring transportation for freight is much different than any other procurement category. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. One master of freight procurement is Kyle Masters. Procurement ran a request for proposal event.

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Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 127

SIPMM Professional Publications

JULY 18, 2019

Inventory optimization is having the right inventory, in the right quantities and at the right locations to meet the supply and […]. The post Data Analytics for Optimizing Inventory appeared first on SIPMM INSTITUTE.

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