Blue Grace Logistics

JULY 27, 2021

Improving predictability in outcomes is valuable, but ensuring your supply chain is nimble enough to act on the data is even more so. We explore how predictive analytics and big data with human sentiments can add value and amplify their supply chain strategies. Concept of Predictive Analytics.

Procurement Analytics 62

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

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. The public cloud gives Coupa visibility to $6 trillion in transactional data that passes through their platform. “15 How much data do you have?

Procurement Solutions 148

Procurement Solutions Modeling Software Procurement Analytics Logistics Network Optimization Software 148

MTS Logistics

NOVEMBER 26, 2021

To all procurement and logistics specialists, how many of your daily emails pertain to purchase orders? Many companies have not automated this fundamental Purchase Order operation. Many companies have not automated this fundamental Purchase Order operation. Specifications on a Purchase Order (PO): PO Number.

Purchasing Skills 87

Purchasing Skills Procurement Analytics Purchasing Negotiate Pricing 87

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?” When costs begin to spiral out of control, the result is usually a loss of revenue in proportion to sales.

Negotiating Skills 90

Negotiating Skills Purchasing Skills Cost Reduction Analysis 90

GlobalTranz

SEPTEMBER 23, 2015

Thanks to data gathering programs, supply chain software , and data entry applications, this represents a mountain of data, which has the potential to provide ground-breaking insight into how to improve business-model efficiency. What Is Supply Chain Big Data? How Does Big Data Improve a Supply Chain?

Supply Chain Design Software 108

Supply Chain Design Software Supply Chain Software Supply Chain Design Procurement Analytics 108

Logistics Viewpoints

NOVEMBER 6, 2023

Suppliers are facing increasing pressure from the buyers of their goods and services to report their environmental, social, and governance data. Increasingly, companies will take sustainability criteria into account in their purchasing decisions. In short, the reported supplier data ripples up to a buyer’s Scope 3 calculations.

Supply Chain Planning Software 153

Supply Chain Planning Software Resource Reduction Material Savings Procurement Analytics 153

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. Advancements in tender data science and paid market data now power SONAR SCI (Supply Chain Intelligence) Lane Acuity Plus.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

SYSPRO Smarter ERP

OCTOBER 9, 2023

Modern machinery is commonly fitted with real-time sensors but these are not very useful if there is no way to view and action the data from the sensors. Therefore, companies should have a system to collect and consolidate the data for reporting and analysis.

Manufacturing Procurement 111

Manufacturing Procurement Purchasing Skills Cost Reduction Optimal Sourcing 111

GlobalTranz

MAY 1, 2018

Since this trend isn’t likely to change anytime soon, shippers who can contain the cost of shipping by maximizing efficiency and optimization throughout their shipping network will be on firm ground heading into the future. Data-driven analytics enables you to make cost-effective transportation decisions. But no longer.

Procurement Analytics 61

Procurement Analytics Optimal Sourcing Data Sourcing Strategies 61

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. This requires knowing precisely what details should be collected and trusting the sources of this data.

Sourcing Strategies 62

Sourcing Strategies Inventory Reduction Material Savings Cost Reduction 62

CLX Logistics

MARCH 9, 2021

Big data and predictive transportation analytics are transforming the supply chain industry in incredible ways. More and more, transportation companies are considering predictive analytics a crucial component of doing business. How Big Data Analytics Helps Enhance Global Supply Chain Logistics.

Optimal Sourcing 40

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Procurement Analytics 40

Logistics Business Magazine

MARCH 15, 2023

shipzero enables transport and logistics companies to create transparency about their emissions data and manage decarbonization throughout the supply chain. The Hamburg-based data platform has received seven-figure growth funding for further product development and internationalization.

Data 61

Data Logistics Network Optimization Software Procurement Analytics Logistics 61

GlobalTranz

MARCH 7, 2016

Through the use of connected devices and greater abilities to capture data in real time, the concept of end-to-end visibility and improvement thru the use of supply chain analytics has changed. What Do Supply Chain Analytics Have to Do With This Ability?

Procurement Analytics 61

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chains 61

WorkWave

AUGUST 4, 2020

In the grand scheme of things, data analysis falls into the categories of descriptive, predictive, and prescriptive. While descriptive data presents existing figures, predictive data allows you to draw insights from trends in your descriptive data in order to make an educated guess about what might happen next.

Data 91

Data Procurement Analytics Sourcing Strategies Ordering 91

Ship Monk

APRIL 5, 2024

The fact is, most business owners think of procurement as nothing more than a transactional relationship. The process involves collecting quantitative and qualitative data concerning vendor-provided goods and services, and analyzing this data for opportunities to improve (or reasons to end) the relationship. If so, good on you!

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 105

SYSPRO Smarter ERP

DECEMBER 11, 2023

Many renewable energy organizations are missing out on the benefits of ERP software that would allow them to tackle the challenges of data management, improve process efficiency across the organization, and manage projects more effectively. Data across the business is available in real time, keeping operations running smoothly and on time.

Sourcing Strategies 52

Sourcing Strategies ERP Manufacturing Procurement Supply Chain Planning Software 52

Conger

MARCH 28, 2024

Technologies like artificial intelligence continue to enhance these capabilities to become more attractive and allow new visualizations and data collection standards. Telematics collect and transmit vehicle speed, mileage, and fuel consumption data, while GPS allows precise location tracking.

Optimization Software 72

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 72

Trinity Logistics

OCTOBER 31, 2021

Transportation Management software offers you a way to view insightful data, gain visibility, and better manage all the moving parts in the shipping process. Transportation management affects every part of your logistics process, from planning to procurement and more. How do you gather and view data? your logistics? Automation.

Optimization Software 94

Optimization Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 94

GlobalTranz

MARCH 24, 2015

Given that our proprietary TMS, the Cerasis Rater , provides multiple reports, giving our shippers’ many insights, this post is quite appropriate, just like getting the data that is meaningful , in order to make the best decisions for your business possible. . Driver wages represent 26% of costs. On-time pickups.

Purchasing Skills 94

Purchasing Skills Cost Reduction Analysis Procurement Analytics 94

SYSPRO Smarter ERP

AUGUST 7, 2023

This fragmented approach leads to redundant data entry, lack of coordination and inefficiencies that consume valuable time and resources. With an ERP, all departments are looking at the same data. They rely on outdated reports from disparate systems and scattered spreadsheets to gather information.

ERP 98

ERP Manufacturing Procurement Optimal Sourcing Procurement Analytics 98

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Supply chain planning involves interaction with different types of information based on internal and external data sources. These data sources are often spread across multiple platforms and come in various formats.

Supply Chain Planning Software 166

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 166

Logistics Bureau

APRIL 4, 2022

At Logistics Bureau, we capture, analyse, and exploit freight benchmarking data to help us when we provide freight contract negotiation services for our clients. There are several advantages to understanding your freight costs compared to the market generally. The Pros and Cons of Procuring a Benchmarking Tool.

Negotiating Skills 83

Negotiating Skills Purchasing Skills Logistics Network Optimization Software Supply Chain Planning Software 83

GlobalTranz

APRIL 8, 2015

A growing trend across all industries has been the application of big data , with the use of algorithms and the hiring of data scientists becoming commonplace. As businesses collect and store an ever increasing amount of data, the algorithms required to make sense of this data will become even more valuable.

Data 98

Data Procurement Analytics Price Reduction Supply Chain Software 98

FreightWaves SONAR

JULY 10, 2023

Businesses are prioritizing the speed of data propagation within their supply chains. According to Gold, NRF members have made significant investments in data analysis to improve their ability to predict consumer demand to prevent bloated inventory levels that many large retailers experienced around this time in 2022.

Data 52

Data Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 52

FreightWaves SONAR

JULY 2, 2024

SONAR customers who contribute to the Trusted Rate Assessment Consortium (TRAC) have access to benchmarking data for their rates, along with market indicators that allow them to gain an understanding of their competitive advantages and opportunities in order to increase their margins and revenue.

Optimal Sourcing 64

Optimal Sourcing Procurement Solutions Procurement Analytics Analysis 64

GlobalTranz

MAY 27, 2015

How Can USMTO Reports Help Drive Manufacturing Sales and your Bottom Line? The United States Manufacturing Technology Orders (USMTO) data report is compiled monthly by the Association for Manufacturing Technology (AMT). What is the USMTO Data Report? Why Wenzel America Uses the USMTO Data Reports.

Manufacturing Procurement 94

Manufacturing Procurement Procurement Analytics Data Modeling Software 94

GlobalTranz

NOVEMBER 17, 2016

Supply chain leaders are enthralled with the idea of using big data, but they tend to fail to understand how to disseminate big data in their organization properly. True, they may know how to roll out big data in a single warehouse, or they may have heard their competitors used branded systems for implementing this new technology.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Software Procurement Solutions Supply Chain Design 115

SYSPRO Smarter ERP

APRIL 6, 2023

Manual data entry errors Have you ever been in a situation when your finance person mistypes an invoice number, the payment amount, or the vendor’s name while entering it into your finance system? Your employees may spend hours manually entering data into your accounting system and matching invoices to purchase orders.

Manufacturing Procurement 98

Manufacturing Procurement Automation Vendor Strategies Procurement Solutions 98

WorkWave

JUNE 17, 2024

Reporting and Analytics: Offers valuable reporting and analytics capabilities, allowing businesses to track key performance metrics and make data-driven decisions. By analyzing this data, companies can optimize operations, improve efficiency, and increase their bottom line.

Optimal Sourcing 96

Optimal Sourcing Sourcing Strategies Resource Reduction Optimization Software 96

3PL Links

JANUARY 14, 2024

Strong technologies like blockchain, artificial intelligence (AI), and the Internet of Things (IoT) will continue to revolutionize purchasing procedures in addition to increasing sustainability. In 2024, risk mitigation, supply chain control, and operational resilience will all depend on data analysis and information visibility.

Supply Chain Software 48

Supply Chain Software Supply Chain Planning Software Supply Chains Trends 48

Logistics Viewpoints

MAY 11, 2023

How the digital twin concept drives benefit By using advanced analytics and machine learning algorithms, digital twins can provide real-time insights and recommendations to optimize operations, reduce costs, and increase productivity. Do they purchase a 3D warehouse simulation and modeling tool? come with any of them.

Optimization Software 161

Optimization Software Supply Chain Design Software Modeling Software Digital 161

Logistics Viewpoints

JANUARY 26, 2021

This means supply chain and logistics professionals need to distinguish between more frequently purchased products and the slower-moving products customers are willing to wait for. In a study of logistics providers conducted by Fraunhofer IML, only 36% of organizations reported that they had a clear overall plan for digital transformation.

Supply Chain Software 171

Supply Chain Software Supply Chain Planning Software Definition Supply Chains 171

GlobalTranz

FEBRUARY 4, 2019

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. As omnichannel shopping becomes the standard for consumers, the use of freight data will excel.

Supply Chain Planning Software 48

Supply Chain Planning Software Logistics Network Optimization Software Inventory Reduction Trends 48

GlobalTranz

SEPTEMBER 23, 2021

A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. A stimulus on the horizon further increases the risks of a higher trend in consumer purchasing. transportation metrics ?that Enabling Data-Driven Decision-Making. ?Access Focusing on the?

Optimal Sourcing 123

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Negotiating Skills 123

Logistics Viewpoints

JUNE 8, 2023

Sustainability: Reduce the carbon emissions impact of last-mile operations by adopting green fleets and implementing emissions reporting. Cost is an important consideration as well. Generally, companies that purchase last-mile delivery solutions align with the following criteria: Building software is not a core part of their business.

Modeling Software 137

Modeling Software Optimization Software Supply Chain Design Software Logistics Network Optimization Software 137

GlobalTranz

MAY 21, 2018

Increasingly, they are turning to enterprise parcel shipping software with parcel shipping analytics. Unlock Parcel Shipping Analytics To Better Manage Multi-Carrier Shipping Costs Logistics managers have only a very fragmented and superficial view of their parcel expenditures. Potential Shipping Efficiency Savings.

Cost Reduction 48

Cost Reduction Procurement Analytics Negotiating Skills Purchasing Skills 48

CH Robinson Logistics

JUNE 9, 2022

In your personal life, you can use a variety of devices to make purchases—from your phone to your smart TV, it’s all possible within whatever device you’re using. In fact, today you can procure freight rates from your transportation providers right in your TMS. Cost savings in loose markets. Benchmarking and analysis.

Supply Chain Planning Software 99

Supply Chain Planning Software Supply Chain Software Optimization Software Logistics Network Optimization Software 99