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.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 98

CLX Logistics

FEBRUARY 22, 2024

Procurement management stands at the crossroads of technological innovation and strategic decision-making. As organizations strive to enhance operational efficiency, mitigate risks, and capitalize on emerging opportunities, the role of Artificial Intelligence (AI) and Machine Learning (ML) in procurement has become increasingly prominent.

Optimal Sourcing 52

Optimal Sourcing Procurement Negotiating Skills Supply Chain Software 52

Blue Grace Logistics

MARCH 26, 2024

What strategies can businesses employ to optimize these costs, enabling them to streamline operations and enhance efficiency? By analyzing historical trends, demand patterns, and performance metrics, businesses can make informed decisions to optimize inventory levels, minimize excess stock, and enhance resource utilization.

Negotiating Skills 90

Negotiating Skills Cost Reduction Waste Reduction Inventory Reduction 90

CLX Logistics

NOVEMBER 21, 2023

When looking ahead to the future, it’s crucial to reflect on the past year, identify emerging trends, and strengthen strategies for benchmarking and procurement. While profitability remained elusive, improvements were seen in emerging and long-standing carriers as the year progressed.

Optimal Sourcing 67

Optimal Sourcing Manufacturing Procurement Procurement Cost Reduction 67

Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. Here are some highlights from these trends in 2023 and implications on supply chain planning.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 116

The Logistics of Logistics

AUGUST 28, 2023

Her supply chain and traditional G&A consulting background bring a unique perspective to clients who must work across their organizations to drive supply chain initiatives with Procurement, IT, Operations, and the C-suite. At DAT, she has been instrumental in growing the shipper practice.

Supply Chain Planning Software 361

Supply Chain Planning Software Logistics Network Optimization Software Optimization Software Optimal Sourcing 361

GlobalTranz

NOVEMBER 30, 2021

We’re sharing seven best practices to improve OTR transportation management, enabling shippers to stay competitive in the face of disruption. Leveraging historical data with current market trends, and layering human review and intervention provides insight into OTR transportation optimization opportunities. Forecast Demand?with?Analytics.

Optimal Sourcing 88

Optimal Sourcing Transportation Supply Chain Software Sourcing Strategies 88

CLX Logistics

NOVEMBER 21, 2023

When looking ahead to the future, it’s crucial to reflect on the past year, identify emerging trends, and strengthen strategies for benchmarking and procurement. While profitability remained elusive, improvements were seen in emerging and long-standing carriers as the year progressed.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Procurement Cost Reduction 52

Logistics Viewpoints

MARCH 27, 2024

The robots can also communicate with each other and with a cloud-based software platform that coordinates and optimizes their movements and actions. The robot can also learn from its own experience and from feedback from other robots, improving its accuracy and speed over time.

Optimization Software 129

Optimization Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Software 129

The Logistics of Logistics

JUNE 29, 2022

Mike is a Client Engagement Director at JBF Consulting , a supply chain execution strategy and systems integrator for logistics-intensive companies of every size and any industry. Mike has extensive experience in Transportation and Logistics from procurement through operations leadership spanning 25+ years. About Mike Wolf.

Supply Chain Planning Software 299

Supply Chain Planning Software Optimal Sourcing Optimization Software Supply Chain Software 299

SYSPRO Smarter ERP

MAY 2, 2024

ERP trends 2024 – achieving business success through the use of innovative technologies Now that Artificial Intelligence and Machine Learning are firmly established, we expect to see a massive take-up of these technologies by manufacturers in 2024. The other emerging area around AI in ERP focuses on trend analysis and forecasting.

ERP 59

ERP Supply Chain Planning Software Modeling Software Optimization Software 59

Ship Monk

JANUARY 9, 2024

We can’t predict when joggers will go out of style (never, we hope) but we are pretty good at predicting ecommerce trends. Here are a few of the trends we think are going to be big in 2024. In 2024, we expect to see more brands moving from a multichannel strategy to create an omnichannel experience for their customers.

eCommerce 88

eCommerce Trends Optimization Software Optimal Sourcing 88

CLX Logistics

MAY 14, 2024

This involves leveraging visibility, traceability, and intelligence to transform operations and improve the shipping process. Discover how these crucial factors work together to optimize supply chain management. Data-driven Results: Leveraging data from SCV systems allows businesses to optimize their supply chains comprehensively.

Supply Chain Planning Software 85

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 85

3PL Links

MAY 3, 2023

Improving Supply Chain Visibility: The Impact of Data Strategy | Image source: Pixabay A business-contextualized data approach is crucial for boosting supply chain visibility, especially during downturns. Read also: Revolutionizing the Industry: Discover the Top 3 Logistics Trends for 2023! Which tools should we use?

Sourcing Strategies 62

Sourcing Strategies Inventory Reduction Material Savings Cost Reduction 62

FreightWaves SONAR

APRIL 13, 2021

With the proper use of data and freight analytics , contract procurement and securing capacity can be enhanced. Moreover, Supply & Demand Chain Executive explains , “Developing a point-of-departure strategy for partial and LTL shipments can give small and medium-size businesses delivery costs comparable to the mega shippers.

Negotiating Skills 97

Negotiating Skills Optimal Sourcing Sourcing Strategies Data 97

Logistics Viewpoints

SEPTEMBER 29, 2021

Sustainability initiatives come in all shapes and sizes, including responsible product packaging, energy efficiency, alternative fuels, optimizing routes for trucks, and efficient returns management programs. A big part of sustainability initiatives includes the use of ethical sourcing. Ethical Sourcing.

Sourcing Strategies 122

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Purchasing Skills 122

CLX Logistics

APRIL 22, 2024

Supply chain planning aims to ensure that the right products are available at the right place, time, and quantity while minimizing costs and optimizing overall efficiency. 1] Chemical supply chain planning specifically refers to applying supply chain planning principles and strategies within the context of the chemical industry.

Supply Chain Planning Software 82

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 82

Logistics Viewpoints

JUNE 29, 2023

It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, and mitigate risks. Configure to Order: This strategy involves customizing standard products based on customer specifications.

Manufacturing Procurement 112

Manufacturing Procurement Procurement Analytics Inventory Reduction Material Savings 112

Conger

MARCH 28, 2024

Here are the new trends in technologies that continue to impact fleet management practices: Autonomous vehicles : I am sure you have already seen autonomous vehicles used in military applications or niche logistics. These fast speeds improve the hardware used for fleet management and the bandwidth used for the Internet of Things (IoT).

Optimization Software 73

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 73

Logistics Viewpoints

DECEMBER 15, 2022

Now, we can do better than that by using advanced analytics, which can be extended to include more dimensions, such as trends, and provide further insights. These metrics can be used for making operational adjustments related to inventory levels as well as assortment and sourcing decisions. and Europe. Asena holds B.S.

Optimal Sourcing 116

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 116

FreightWaves SONAR

MARCH 15, 2021

Supply chain professionals responsible for transportation procurement at Fortune 500 companies focus on three things – budget forecast accuracy, service scores and primary tender acceptance. harder to procure capacity at the benchmark rate per mile ) in both the outbound and inbound directions.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

SYSPRO Smarter ERP

AUGUST 2, 2023

The following are six key challenges faced by medical device manufacturers and how ERP analytics can transform operations—from regulatory compliance to supply chain optimization. ERP analytics enable the reporting and tracking of variances and defects, providing valuable insights to improve the design process.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 98

SYSPRO Smarter ERP

APRIL 17, 2023

BI is a powerful tool that can help companies drive informed decisions, improve their planning processes, and maintain a competitive edge in the marketplace. This can lead to improved quality, reduced waste, and optimized production processes. This empowers teams to improve processes, reduce costs, and increase efficiency.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Optimization Software 98

EazyStock

APRIL 13, 2022

What is a supply chain strategy? A supply chain strategy explains how a company will bring goods into the business and get them out to customers as effectively as possible. Considering every phase in the supply chain, such as sourcing goods, logistics and delivery, the strategy optimizes operations to reduce costs and maximize profits.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 52

3PL Links

APRIL 5, 2024

Image source: Shipbob | Top 10 Practical Supply Chain Management Tips for Businesses Effective supply chain management becomes an increasingly important sector full of strategic opportunities and difficulties in an increasingly dynamic and complicated network. It goes beyond simply being an operational strategy.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Sourcing Strategies 48

Logistics Viewpoints

FEBRUARY 28, 2022

Machine Learning, a Form of Artifical Intelligence, Has Feedback Loops that Improve Forecasting. Alex Pradhan, Product Strategy Leader John Galt Solutions, told me that “all planning vendors have bold marketing around AI.” Starting with a first principles model, according to AspenTech, improves accuracy significantly.

Supply Chain Planning Software 170

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 170

Logistics Viewpoints

OCTOBER 5, 2023

With the E2E exception-base autonomous planning, the system automates decisions from demand forecasts, production plans, and order fulfillment strategies to delivery with minimal need for manual intervention. This world isn’t a distant dream. This is not eliminating the planners entirely but focusing their attention where it’s best.

Supply Chain Planning Software 119

Supply Chain Planning Software Case Study Optimization Software Modeling Software 119

CLX Logistics

NOVEMBER 13, 2023

Lutton delve into the integration of cutting-edge technologies advancing analytics into traditional supply chain models, like CLX Lanelogix — the chemical industry’s premiere benchmarking, bidding, and procurement tool.

Supply Chain Software 65

Supply Chain Software Resource Reduction Cost Reduction Optimal Sourcing 65

Blue Grace Logistics

NOVEMBER 21, 2023

The decision to opt for frozen products over fresh ones is not just about convenience; it is a calculated strategy to strike a harmonious balance between buyers’ wallets and taste buds. Supply chain professionals in the cold chain space have observed the steady rise of this trend and are ready to heed the call.

Optimal Sourcing 87

Optimal Sourcing Sourcing Strategies Resource Reduction Optimization Software 87

3PL Links

APRIL 16, 2024

Image source: Wikimedia | Top 9 Technology Trends for Your Warehouse in 2024 Distribution warehouses bear a great deal of responsibility these days because of the direct impact their operations have on the customer experience. optimizing workflow productivity and operational outcomes. acquiring useful and effective storage.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Optimization Software 48

Logistics Business Magazine

SEPTEMBER 23, 2020

MHS, a single-source provider of material handling automation and software solutions, announces a new multi-part online experience scheduled to run October through November. The post Insider Series Provides Insights on Trends, Technologies and Strategies appeared first on Logistics Business® Magazine.

Material Savings 55

Material Savings Sourcing Strategies Resource Reduction Supply Chain Software 55

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. 1 As the ability to strategize bidding continues to improve and keep shippers competitive, that number will continue to grow.

Material Savings 40

Material Savings Sourcing Strategies Cost Reduction Inventory Reduction 40

Logistics Bureau

JULY 18, 2022

As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy.

Inventory Reduction 106

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 106

FreightWaves SONAR

FEBRUARY 11, 2021

However, enterprise shippers can make a comeback by implementing smart truckload shipping strategies by retooling and putting freight forecasting power to work. And these additional five shipping strategies can help enterprise shippers maximize recovery and boost profits. And it has opened new channels for capacity procurement.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Supply Chain Planning Software Optimization Software 98

Conger

APRIL 1, 2024

Continue reading to learn more about this essential strategy to ensure your equipment performs optimally at all times. Introduction to Maintenance Strategies In industries such as Manufacturing, Distribution, Food Processing/Storage, Paper, Packaging, and Lumber, equipment efficiency is not just an operational goal but a necessity.

Material Savings 82

Material Savings Expense Reduction Resource Reduction Cost Reduction 82

3PL Links

MAY 9, 2024

Image source: PickPik | Everything You Need to Know About Smart Warehousing Smart component storage for electronic board assembly is a tactic employed by businesses looking to uphold high standards for their offerings. It makes it possible to optimize storage capacity, making better use of the available physical resources.

Warehousing 48

Warehousing Optimal Sourcing Inventory Reduction Expense Reduction 48

WorkWave

MAY 30, 2024

Supplier Relationship Management (SRM) is a critical component for field service organizations looking to optimize their operations and ensure the highest level of quality and efficiency in their supply chain. Improving vendor performance is crucial to enhancing the efficiency of the supply chain.

Negotiate Pricing 52

Negotiate Pricing Negotiating Skills Vendor Strategies Material Savings 52