Logistics Viewpoints

AUGUST 14, 2024

Processing and Analysis: Each vehicle processes received data to assess potential collision risks. For example, if a vehicle ahead brakes suddenly, the following vehicle receives an instant alert, enabling timely braking and preventing rear-end collisions. Real-time data exchange allows vehicles to react swiftly to hazards.

Modeling Software 146

Modeling Software Efficiency Optimization Software Logistics Network Optimization Software 146

Logistics Viewpoints

MAY 13, 2024

This technology allows businesses to unify their procurement, expense management, invoicing, payments, sourcing, contract management, and spend analysis processes and reporting. Coupa also has a supply chain collaboration solution that runs on the platform. This solution provides for purchase order collaboration.

Procurement Solutions 142

Procurement Solutions Modeling Software Procurement Analytics Logistics Network Optimization Software 142

Logistics Viewpoints

SEPTEMBER 19, 2024

For example, running a batch process that now takes 8 hours instead of 12 does not translate into supply chain agility. Planners spend considerable time preparing scenario planning and not the actual analysis. Executing the scenario fast provides diminishing returns when non-value-added tasks take up most of the planner’s day.

Supply Chain Planning Software 139

Supply Chain Planning Software Scenario Planning Supply Chain Software Supply Chains 139

EazyStock

JANUARY 31, 2022

Inventory Management KPIs for Effective Inventory Analysis. But with a wealth of inventory KPIs available to choose from to include in your inventory analysis methods, which ones are the most important to ensure you’re on the right track to optimum efficiency? Managing inventory is a complex business. Inventory turnover ratio.

Inventory Reduction 52

Inventory Reduction Inventory Analysis Optimization Software 52

Freightos

DECEMBER 3, 2024

For example, PUMA , the fastest sports brand in the world, first used Rate Refresh in July and has seen significant improvements in efficiency, speed, and quality of the complete rate management on a global scale. Built-in Efficiency: Refresh helps BCOs spend less time managing tenders and more time making strategic decisions.

Optimal Sourcing 62

Optimal Sourcing Logistics Network Optimization Software Price Reduction Resource Reduction 62

GlobalTranz

FEBRUARY 22, 2016

This oft used adage is shaping the collaborative supply chain management: “The enemy of my enemy is my friend.” Let's take a closer look at how collaborative supply chain management is continuing to become a key factor in efficiency through three totems. Ironically in the supply chain, this saying remains true.

Supply Chain Design Software 55

Supply Chain Design Software Supply Chain Software Collaboration Supply Chain Design 55

MTS Logistics

MAY 10, 2024

For example, if a vessel is delayed due to adverse weather, port operators can adjust resource allocation accordingly. For example, predictive analytics can alert maintenance teams to potential issues with cranes or conveyor belts. Regular maintenance prevents unexpected breakdowns and ensures that equipment remains operational.

Supply Chain Software 107

Supply Chain Software Supply Chain Planning Software Optimization Software Automation 107

GlobalTranz

JUNE 11, 2015

We conclude our series on supplier quality management (SQM) today with a look at some case studies and examples of benefits derived from the application of a supplier quality management system. Examples and Case Studies from the Implementation of a Supplier Quality Management System.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Design Software Examples Case Study 94

Logistics Bureau

SEPTEMBER 3, 2024

I’ve worked with many suppliers over the years to do an analysis of what that true cost is for the supplier to deliver direct to store versus going maybe in bulk to the retailers DC so that they can sit down with the facts to have those negotiations with their retail customers. You can open the books on your costs.

Negotiating Skills 111

Negotiating Skills Cost Reduction Negotiate Pricing Price Reduction 111

Ship Monk

APRIL 5, 2024

SRM is more than a one-and-done analysis. The Value of a Collaborative Relationship Why, you might ask, would I care about building a relationship with a supplier? Taking a collaborative approach with suppliers can help your business innovate, find better products and solutions, reduce inventory costs, and work around future problems.

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 105

Logistics Viewpoints

DECEMBER 14, 2023

Doing so helps organizations detect market shifts and makes supply chain decisions more forward-looking than an analysis of the past, present, and at best, a tactical view of the future. Designing vehicle routes that explicitly optimize transportation routes with carbon footprint considerations is another example.

Supply Chain Design Software 153

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Optimal Sourcing 153

GlobalTranz

MARCH 30, 2016

Collaboration has always been seen as the stepchild at the logistics dinner table. It's nice to have around, but no one really wants to think about what collaboration means for the company. After all, how can two competitors collaborate without compromising the information and structure of each company?

Collaboration 54

Collaboration Logistics Network Optimization Software Purchasing Skills Buyer Training 54

GlobalTranz

MAY 17, 2016

Logistics providers must leverage the power of inter-management and team collaboration to continue growth in an industry that’s under a great deal of stress. Analytics start the conversation as to how a TMS improves team collaboration in an organization. Overcoming these difficulties seems impossible, but there is a solution.

Collaboration 51

Collaboration Price Reduction Cost Reduction Resource Reduction 51

Logistics Business Magazine

JUNE 14, 2019

Blockchain is a hype and you probably have already heard about countless benefits and examples of how the technology will disrupt logistics. In our view, the benefits of being among the first to join these collaborative efforts far outweigh any advantages of a cautious approach. says Bloomberg.

Sourcing Strategies 28

Sourcing Strategies Collaboration Optimization Software Logistics Network Optimization Software 28

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 see no evidence that less money is being invested in product development.

Supply Chain Design Software 131

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 131

Logistics Viewpoints

SEPTEMBER 19, 2023

To achieve these goals, corporate leadership must focus on two key areas: shift from internally focused supply chains to collaborative supply networks and actively design their supply chains. The bullwhip effect is one example of this disruptive effect, when small changes in demand cause huge demand spikes downstream.

Supply Chain Design Software 151

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 151

Logistics Viewpoints

FEBRUARY 16, 2021

This example illustrates why supply chain visibility isn’t enough. Agility relies on having this kind transparency at your fingertips, through concurrent planning, so you aren’t waiting on analysis and a report from a link up or down the chain. Why transparency is better than visibility. Analytics inform decisions.

Supply Chain Planning Software 184

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 184

Logistics Bureau

NOVEMBER 28, 2024

If net profit on sales is 5%, for example, a reduction in supply chain costs from 9% to 4% (or from 12% to 7%) will double net profits. Running a spend analysis is the first step to understanding what you are spending, and therefore where you might look for savings. Cost savings flow directly to the bottom line. Manufacturers <6.8%

Cost Reduction 96

Cost Reduction Inventory Reduction Material Savings Expense Reduction 96

Logistics Viewpoints

APRIL 3, 2023

IBP is a collaborative process involving diverse business functions that is designed to balance demand against supply in a manner that maximizes the goals of that company. For example, a suggestion from the system might be to transfer 96,154 units of a stock keeping unit to a distribution center in Denver to fill a projected backorder.

Supply Chain Planning Software 165

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 165

Logistics Bureau

OCTOBER 12, 2024

For example, today’s buyers are getting more and more proactive in contributing to demand planning process and to reduce potential cost and loss. Equally important, having a holly collaborative working relationship with your own R&D, sales, marketing and operations will help company focus on long term positive outcomes.

Cost Reduction 62

Cost Reduction Procurement Analytics Optimal Sourcing Procurement 62

Logistics Viewpoints

JANUARY 26, 2021

The hyper-focus on meeting customer expectations is also creating pressures upstream in the supply chain, as manufacturers extend visibility and collaboration beyond their own walls to avoid any disruptions. Digital technologies will allow companies to increase their visibility, collaboration, speed, and responsiveness ?

Supply Chain Software 169

Supply Chain Software Supply Chain Planning Software Definition Supply Chains 169

GlobalTranz

JANUARY 16, 2017

Modern supply chains are evolving beyond anyone’s expectations due to increased use of cloud-computing technologies, wearables and advanced data analysis. Data Analysis Grew Exponentially, Providing More End-to-End Visibility and Continuous Improvement. Data analysis is the companion of cloud-computing technologies.

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Software Supply Chain Design Analysis 59

Logistics Business Magazine

APRIL 15, 2024

The two companies have been collaborating since last year to offer their customers an innovative all-in-one solution for simple and efficient route planning. Alongside cyber security, the automation of handling processes is a focus of CargoSuite, for example. These ‘no-touch’ orders ease the burden on employees and ensure high quality.

Efficiency 51

Efficiency Transportation Logistics Network Optimization Software Cost Reduction 51

3PL Links

MARCH 29, 2023

Internet of Things With the help of devices like smartphones, for example, it is now feasible to operate domestic appliances and industrial machinery thanks to the internet of things, which involves the integration of the widest range of electronic goods through an internet connection.

Trends 107

Trends Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 107

Turvo

AUGUST 24, 2021

Increase Use of Collaborative Logistics Technology and Platforms. Also, supply chain leaders should start working to bring their other partners, such as suppliers, vendors, and third-party logistics service providers (3PLs), into the foray of collaborative logistics through integrated systems and access to shared, contextual data.

Optimization Software 98

Optimization Software Supply Chain Software Logistics Network Optimization Software Supply Chains 98

Logistics Viewpoints

JUNE 4, 2024

It serves as a compelling example of how retailers must reassess their inventory strategies to adapt to rapidly shifting market demands driven by trends. This analysis identifies the inventory level where profitability is maximized by keeping customers happy while minimizing excess stock.

Inventory Reduction 137

Inventory Reduction Supply Chain Planning Software Inventory Waste Reduction 137

Logistics Viewpoints

APRIL 15, 2021

By leveraging the analysis of historic events and probabilistic outcomes, new technologies can pull the right levers to correct supply chain performance, with much less or no human intervention. The Key to Long-Term Success: Build Agility, Resilience and Profitability Together. In fact, it may lead to increased variable costs.

Supply Chain Planning Software 159

Supply Chain Planning Software Supply Chain Software Supply Chains Digital 159

GlobalTranz

JULY 28, 2021

These processes are intrinsically linked and require shared data and collaboration across all network partners. Using an offshore vendor to manufacture a component for a larger automotive assembly is a typical example. As a further example, a broad mix of carriers allows for rapid scalability during times of disruption.

Optimal Sourcing 126

Optimal Sourcing Optimization Software Optimization Supply Chain Design Software 126

SYSPRO Smarter ERP

JUNE 21, 2022

There are many causes, for example, container ships from Asia are now too large to traverse the Panama Canal (20 years ago they were not), so they offload on the West Coast of the United States and are compelled to truck all goods to the East Coast. The focus has been on internal efficiencies over external collaboration.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Software Supply Chains Optimization Software 105

MTS Logistics

JUNE 7, 2024

Some examples of those new types of ships as follows: Wind-Assisted Propulsion Ships 1. Yara International, in collaboration with North Sea Container Line, is realizing the world’s first clean ammonia-powered container ship named Yara Eyde. There are many solutions at hand to reduce emissions from ships.

Industry 76

Industry Sourcing Strategies Optimal Sourcing Maritime 76

FreightWaves SONAR

DECEMBER 3, 2020

For example, just-in-time fulfillment models, drop-shipping, and cross-docking avoid wasted space. Collaborative analytics resources to inform conversations. Collaborative analytics help the supply chain work together. Collaboration means parties must share data in real-time. And they keep inventory levels lean.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Software Modeling Software Logistics Network Optimization Software 76

FreightWaves SONAR

JULY 24, 2023

For example, according to Global Trade Magazine , “One critical factor that executives should monitor closely is logistics management. Knowing freight costs in advance is essential to keep total landed costs in check Understanding transportation freight costs and current freight rates for lanes must be the primary goals of cost analysis.

Cost Reduction 105

Cost Reduction Tips Expense Reduction Supply Chain Planning Software 105

Blue Grace Logistics

AUGUST 3, 2021

The importance of setting the tone of the relationship and being an example of what you expect. Establishing a collaborative relationship, rather than one in which the buyer takes a dominant role, will help to strengthen positioning in the market. Making decisions to benefit a company must be a process of analysis and planning.

Maintainability 116

Maintainability Price Reduction Purchasing Skills Resource Reduction 116

GlobalTranz

APRIL 20, 2021

For example, GlobalTranz’s Cost Prediction Model provides intelligence on pricing and market trends via a live dashboard. Collaborate With Customers and Suppliers. Cloud-based collaboration tools connect suppliers and service providers for faster, more efficient shared processes, regardless of the time zone where the work occurs.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

SYSPRO Smarter ERP

NOVEMBER 13, 2023

One of the big challenges facing manufacturers is inadequate reporting and analysis capabilities. Some of the key differences between the systems are: ERP software focuses on process management and automation, while BI software focuses on data analysis and visualization.

ERP 64

ERP Manufacturing Procurement Inventory Reduction Optimal Sourcing 64

MTS Logistics

MARCH 3, 2023

For example, some companies are already looking into autonomous shipping, which could reduce the need for human labor and therefore reduce emissions. For example, just this month, large U.S. Additionally, companies can collaborate with other stakeholders, such as port authorities, to reduce emissions in their supply chain.

Trends 83

Trends Supply Chain Design Software Price Reduction Supply Chain Software 83

CH Robinson Logistics

AUGUST 17, 2021

For example, for one C.H. We’ve seen these solutions play out with our global experts and technology platform, Navisphere, by providing shippers with the aggregated data and analysis they need to determine which ports or terminals to avoid and the right tactics to overcome unique challenges.

Supply Chain Software 133

Supply Chain Software Cargo Supply Chains Logistics Network Optimization Software 133