Analysis Blog Buyer Training 
SYSPRO Smarter ERP
APRIL 8, 2025
As the ML process trains on data, it is then possible to produce more precise models based on that data. Industrial engineers have used heuristics-based rules, what-if analysis, and physics-based simulation to get predictive and prescriptive insights for several years. Generative AI can also be used for information summarization.
Logistics Bureau
SEPTEMBER 4, 2023
Have you conducted a cost-to-serve (CTS) analysis for your enterprise? And that is the sole purpose of cost-to-serve analysis. If you were going to say, “What is a cost-to-serve analysis?” Only a complete cost-to-serve analysis will expose these underlying issues unless they happen to be discovered incidentally.
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GlobalTranz
APRIL 6, 2015
Editor’s Note: This blog post is from SupplyChainOpz. Monitoring and analysis of this data may provide opportunities to intervene before issues becomes major problems. In the past, many buyers relied on safety stock inventory to mitigate any risks or disruptions to suppliers. 3) Risk Management. 5) Technology Matters.
Logistics Bureau
NOVEMBER 16, 2020
For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. In a nutshell, the pandemic has increased the importance of supply chain, posited it as a ‘cool’ career choice, and strengthened the need for job seekers to improve their supply chain skill sets.
GlobalTranz
APRIL 30, 2015
Editor’s Note: We continue our collaborative blog series with Ben Goldwasser of Spendrix, a company who helps shippers determine which carriers operate best in certain regions, and conditions, allowing you to be more thorough. Therefore, when you arrive on-site, it is important to check out your carrier’s training capabilities.
GlobalTranz
NOVEMBER 28, 2016
Editor's Note: Today's blog is by our great friend, Chuck Intrieri where he gives us a fantastic example of how Procurement and Suppliers can enhance Supplier Relations by navigating the "Battle of the Forms.". The question becomes, is there a contract at all, and if so, whose terms govern – the Buyers or the Suppliers?
Logistics Viewpoints
MAY 28, 2024
The automation opportunity is not only for laborers, but also for knowledge workers who spend an inordinate time preparing data and running reports rather than conducting higher-value analysis and planning. Following the younger worker theme, investing in workforce skills is also very important to retaining workers in this demographic.
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