The Logistics of Logistics

MAY 17, 2023

Additionally, he collaborated with AnSen Beyond Investments on various logistics projects involving commodities and agricultural products, demonstrating his proficiency in navigating international markets. Their platform not only provides highly accurate buy rates but also offers sell price suggestions based on comprehensive data analysis.

Supply Chain Design Software 335

Supply Chain Design Software Logistics Network Optimization Software Optimization Software Negotiating Skills 335

Logistics Viewpoints

OCTOBER 9, 2024

Let’s explore how DPPs are impacting regulatory compliance, preparing for future rules, and encouraging industry collaboration. As the regulatory environment continues to shift, companies that adopt DPP strategies will be better prepared for the future. Environmental Protection Agency focuses on lifecycle analysis and waste management.

Compliance 130

Compliance Digital Sourcing Strategies Waste Reduction 130

Logistics Business Magazine

JUNE 25, 2024

Supply chain champions usually start with an analysis, looking at the areas in which risks are suspected and what impact these could have on the company’s performance. The good news for everyone is that there is a whole range of measures that companies can use to achieve success relatively quickly.

Supply Chain Design Software 57

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 57

Logistics Viewpoints

AUGUST 29, 2024

By collaborating closely with suppliers and carriers, managers can establish uniform carton dimensions that minimize the need for excessive packaging materials. Another key strategy is right-sizing cartons to match the specific dimensions of the products being shipped. Another key strategy is the implementation of cross-docking.

Waste Reduction 151

Waste Reduction Optimal Sourcing Sourcing Strategies Resource Reduction 151

3PL Links

MAY 19, 2024

Image source: PxHere | Mastering Demand and Inventory Planning: Essential Strategies for Success Have you ever thought about how businesses effectively satisfy customer demand and maintain supplied inventory? Demand and inventory planning is a critical procedure that holds the key to success. How to reduce risks in demand planning?

Inventory Reduction 48

Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 48

Logistics Viewpoints

NOVEMBER 6, 2024

This includes risk analysis, security of supply chains, and incident response capabilities. By sharing information about security incidents, manufacturers can contribute to a better understanding of the threat landscape and help to develop more effective cybersecurity strategies.

Supply Chain Design Software 132

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 132

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 148

Procurement Solutions Modeling Software Procurement Analytics Logistics Network Optimization Software 148

Logistics Viewpoints

OCTOBER 25, 2024

By integrating Nauto’s AI-powered Video Event Data Recorder (VEDR) solution with Beans.ai’s precision location data and micro-routing technology, the collaboration offers a comprehensive solution tailored to meet the needs of last-mile deliveries, including VEDR compliance. Nauto and Beans.ai

Supply Chain Planning Software 137

Supply Chain Planning Software Supply Chain Software Supply Chains Waste Reduction 137

FreightWaves SONAR

AUGUST 1, 2024

Sales and operations planning (S&OP) is a critical process for businesses aiming to align their production and sales strategies to enhance efficiency and customer satisfaction. Just-in-time (JIT) delivery strategies can be employed to ensure that products arrive exactly when needed, reducing warehousing costs and improving cash flow.

Optimal Sourcing 59

Optimal Sourcing Inventory Reduction Cost Reduction Resource Reduction 59

Logistics Viewpoints

NOVEMBER 6, 2024

Failure to effectively filter, prioritize, and analyze data can lead to “analysis paralysis,” where data volumes hinder timely decision-making. Implementing connected fleets requires a comprehensive cost-benefit analysis to assess how long-term savings and improved productivity align with these initial expenses.

Supply Chain Planning Software 142

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimization Software 142

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

Logistics Viewpoints

MAY 23, 2024

Resolution To address these challenges, companies are seeking comprehensive supply chain planning solutions that can act as a margin multiplier by optimizing resources, managing inventory, and enabling real-time collaboration and visibility across the supply chain network. Nari Viswanathan is Sr.

Scenario Planning 147

Scenario Planning Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 147

Logistics Business Magazine

APRIL 18, 2024

By analysing that data for where particular sticking points are, businesses can make informed decisions and set up adaptable strategies that can flex according to needs. Making the appropriate investments in collaborative tech can provide seamless communication as well as data and file sharing between businesses, stakeholders, and partners.

Supply Chain Planning Software 58

Supply Chain Planning Software Supply Chain Software Supply Chains How To 58

Logistics at MPEPS at UPV

MAY 2, 2023

Moreover, the adoption of data analytics and artificial intelligence (AI) is on the rise, with 66% of SMEs and 76% of startups integrating these technologies into their logistics strategies (Forbes, 2021). Supply chain management in small and medium enterprises: A systematic review and bibliometric analysis. K., & Sharma, M.

Supply Chain Software 52

Supply Chain Software Supply Chains Analysis Logistics Network Optimization Software 52

Logistics Viewpoints

JUNE 4, 2024

With tart cherry juice sales transitioning into a steady demand pattern, retailers must adapt their inventory strategies accordingly to meet this evolving consumer preference. It serves as a compelling example of how retailers must reassess their inventory strategies to adapt to rapidly shifting market demands driven by trends.

Inventory Reduction 142

Inventory Reduction Supply Chain Planning Software Inventory Waste Reduction 142

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

GlobalTranz

AUGUST 17, 2015

A vigorous supplier relationship management (SRM) strategy can assist organizations in maximizing partnership value, minimize risk, and manage costs through the entire supplier relationship lifecycle. A comprehensive supplier management strategy helps organizations arrange suppliers based on different tiers of importance and reliability. .

Sourcing Strategies 98

Sourcing Strategies Price Reduction Vendor Strategies Cost Reduction 98

GlobalTranz

APRIL 20, 2021

Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic. It’s the result of a deliberate strategy that may require tradeoffs compared to other approaches. This strategy requires greater investment and inventory carrying costs but enables continued production.

Supply Chain Planning Software 115

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

Logistics Business Magazine

OCTOBER 2, 2024

Logistics Software Webinar Editor Peter MacLeod is joined by Gary Rosier-Taylor, VP of Fleet Sales for Descartes , and Phil Turton of Viewpoint Analysis (pictured below), an independent technology expert on evaluating and purchasing the right IT systems for your logistics operations. Avoid common pitfalls in software selection.

Logistics Network Optimization Software 50

Logistics Network Optimization Software Procurement Solutions Supply Chain Planning Software Supply Chain Software 50

3PL Links

APRIL 5, 2024

When implemented properly, this strategy improves customer satisfaction, lowers expenses, and strengthens the company’s position in the market. It goes beyond simply being an operational strategy. This is one of the logistics strategies that needs to be reinforced the most going forward.

Supply Chain Planning Software 48

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

Logistics Viewpoints

MARCH 25, 2021

Your transportation consultant can help develop response strategies to ensure your supply chain continues to operate while the problem is addressed. Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic. Collaborate with Customers and Suppliers.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 195

TransAudit

MAY 14, 2024

Understanding the financial impact of these disruptions and exploring effective mitigation strategies is crucial for maintaining a resilient and profitable operation. Strategies for Supply Chain Leaders To minimize the cost and impact of supply chain disruptions, supply chain leaders need to invest in the right mix of resiliency capabilities.

Supply Chain Design Software 81

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Cost Reduction 81

MTS Logistics

JULY 19, 2024

MSC, the world’s largest ocean shipping company which serving with a fleet of 830 vessel across 520 ports, will collaborate with NYSHEX to develop and improve ocean contracts, commercial staff management, and automatic alarms on upcoming milestones and booking/route patterns.

Optimization Software 84

Optimization Software Logistics Network Optimization Software Supply Chain Software Procurement Solutions 84

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 Bureau

SEPTEMBER 3, 2024

It’s about assessing the costs your suppliers incur when delivering to your business, which can significantly impact your strategy, pricing, and overall efficiency. Because it can enable you to developed strategies such as, you know, reverse logistics and get the pricing right. And why is that important to know?

Negotiating Skills 100

Negotiating Skills Cost Reduction Negotiate Pricing Price Reduction 100

Turvo

JULY 30, 2021

It Analyzes Data Across the Full Network to Enable Financial Planning and Strategy. As a result, faster fulfillment and greater transparency are achieved thanks to better data analysis. It Enables Collaboration and Communication With Trading Partners. Expect the Best With Collaborative Logistics From Turvo.

Supply Chain Planning Software 98

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Transportation 98

GlobalTranz

NOVEMBER 16, 2016

Yet the majority of companies have not defined a big data strategy, and others are barely starting to notice. . �. As a result, the simplest way of defining a big data strategy must begin with understanding how it will evolve and affect the company. . How to Get Started with Your Big Data Strategy. .

Resource Reduction 91

Resource Reduction Cost Reduction Supply Chain Planning Software Supply Chain Software 91

Logistics Bureau

NOVEMBER 3, 2024

Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy In 2014, a survey by Tompkins Consortium delivered a shocking revelation.

Supply Chain Design Software 82

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 82

Logistics Business Magazine

JUNE 25, 2024

Recent rises in ocean freight rates in response to increased shipping demand has thus far had little impact on global port congestion, according to data released today by supply chain visibility and collaboration platform Beacon. An analysis of 40 ports across Asia revealed that 22 reported increases in congestion in May compared to April.

Supply Chains 40

Supply Chains Nodes Analysis Collaboration 40

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 171

Supply Chain Software Supply Chain Planning Software Definition Supply Chains 171

Log-hub

JUNE 5, 2024

The Freight Matrix App has evolved from a pure Excel-based tool to a cloud-based platform, fostering collaboration, customization, and transparency in freight management. This feature provided valuable insights, enabling users to come up with inventory strategies and precise prioritization. ” The Log-hub 4.2

Scenario Planning 52

Scenario Planning Supply Chain Software Supply Chain Design Software Supply Chain Design 52

Log-hub

JUNE 5, 2024

The Freight Matrix App has evolved from a pure Excel-based tool to a cloud-based platform, fostering collaboration, customization, and transparency in freight management. This feature provided valuable insights, enabling users to come up with inventory strategies and precise prioritization. ” The Log-hub 4.2

Scenario Planning 52

Scenario Planning Supply Chain Software Supply Chain Design Software Supply Chain Design 52

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. Coupa Introduces a Supply Chain Collaboration Network Solution Coupa has claimed that their platform unifies processes across procurement, finance, and supply chain functions.

Supply Chain Design Software 136

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 136

WorkWave

MAY 30, 2024

From selecting the right suppliers to fostering strong partnerships, this guide will provide valuable insights and strategies for field service organizations looking to enhance their supplier relationships. It involves effectively collaborating with vendors to ensure a reliable and high-quality supply chain.

Negotiate Pricing 52

Negotiate Pricing Vendor Strategies Negotiating Skills Material Savings 52

Logistics Business Magazine

FEBRUARY 6, 2024

The solution combines load, route, and dispatch optimization to maximize vehicle and container utilization, improve collaboration between the manufacturer, carrier(s), drivers, and the consignees, and increase on-time deliveries. The post Leveraging Data-Driven Decision-Making Tech appeared first on Logistics Business® Magazine.

Data 57

Data Supply Chain Planning Software Cost Reduction Scenario Planning 57

Ship Monk

APRIL 5, 2024

Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. 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? And the benefits can be significant.

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 105