SYSPRO Smarter ERP

MARCH 28, 2024

Data-driven decision making is the process of collecting the data that a company uses, and transforming it into actionable insights. It is a modern business strategy that lets company staff make decisions based on facts instead of biases. The volume and quality of data is important.

Manufacturing Procurement 52

Manufacturing Procurement Data Supply Chain Planning Software Optimal Sourcing 52

Log-hub

MARCH 1, 2023

The mistakes that can pull your supply chain far away from the progress are bad cost management strategy, lack of optimized business processes, neglecting data and KPI’s, poor customer service and no future planning. One of them is a bad cost management strategy. But how to get rid of them? Keep your long-term growth plan ready.

Cost Reduction 52

Cost Reduction Sourcing Strategies Expense Reduction Supply Chain Design Software 52

Logistics Viewpoints

DECEMBER 15, 2022

quintillion bytes of data every day. For companies that want to go beyond the traditional spreadsheet, which cannot handle this ocean of information efficiently, statistical methods such as cluster analysis can help. What is Cluster Analysis? The retail industry is rich with data. On average, we humans generate 2.5

Optimal Sourcing 116

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 116

SYSPRO Smarter ERP

APRIL 17, 2023

The manufacturing industry is currently undergoing a rapid digital transformation, and as a result, companies are generating vast amounts of data. Unfortunately, without proper processing and analysis, this data is of little use to the organization. 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

The Logistics of Logistics

DECEMBER 29, 2020

She has led programs ranging from acquisitions to technology deployment with a strong focus on lean manufacturing and data management. CarrierDirect builds organizations and relationships, providing strategy and technology designed to maximize efficiency, reduce cost, and make your business stand out. About CarrierDirect.

Supply Chain Planning Software 196

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Sourcing Strategies 196

3PL Links

SEPTEMBER 14, 2023

Image source: Pexels Scaling your business’s success requires an effective logistics operation. Read out our 7 Crucial Tips for Efficient and Sustainable Logistics below: 1. It is founded on research, data gathering, and data interpretation that reduces implementation risks. “I found an issue.”

Sourcing Strategies 48

Sourcing Strategies Tips Efficiency Logistics Network Optimization Software 48

SYSPRO Smarter ERP

JULY 3, 2023

Using artificial intelligence (AI) in manufacturing can significantly improve productivity, reduce equipment failure, increase production efficiency and help identify new business opportunities. Smart factories can greatly reduce unplanned downtime, improve product design, increase efficiency, and improve product quality and worker safety.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Data Optimization Software 98

The Logistics of Logistics

OCTOBER 12, 2022

Anthony transitioned to a Corporate Economist & Consultant, advising CXO leaders and Fortune 500 companies on economic analysis, industry trends, and internal strategy. He led analysis around M&A, pricing sensitivity, competitive intelligence, and annual sales forecast for the executive team. monthly impressions.

Logistics Network Optimization Software 273

Logistics Network Optimization Software Supply Chain Software Sourcing Strategies Manufacturing Procurement 273

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

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. Accelerating material handling processes can lead to time savings and increased production, which is an additional benefit.

Warehousing 48

Warehousing Optimal Sourcing Inventory Reduction Expense Reduction 48

The Logistics of Logistics

JUNE 23, 2022

Topic: Prepping for Peak: How to Level-up your CX Strategy this holiday season. Retailers and shippers must adapt their strategy to ensure they get the right product, to the right place at the right time to meet the high expectations of consumers/customers. Description: .

Webinar 195

Webinar Supply Chain Software Supply Chains Sourcing Strategies 195

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 127

Procurement Solutions Modeling Software Procurement Analytics Logistics Network Optimization Software 127

Logistics Viewpoints

JUNE 29, 2021

In a prior post , I wrote about the various ways data is transforming global supply chains. Data is the raw fuel of digital transformation and the linchpin to accelerating industry collaboration, automation, predictive insights and so many more cutting-edge capabilities (including those yet to be invented). So, what is quality data?

Data 146

Data Supply Chain Design Software Supply Chain Planning Software Digital 146

CLX Logistics

MAY 15, 2024

They also recognized the need to look beyond their own data, and wished for experienced input on their procurement strategy. Client Challenges The Company needed to better understand their rates in comparison with the market on a granular level with regards to specific lanes, equipment types, and special requirements.

Optimal Sourcing 61

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 61

Logistics Viewpoints

MARCH 25, 2021

Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. The average cost of a data breach reached $3.86

Supply Chain Planning Software 185

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 185

SYSPRO Smarter ERP

MAY 2, 2024

Ever-evolving business requirements are another strong influencer as manufacturers strive to improve business processes and efficiencies. This market growth is being propelled by the drive to improve operational efficiencies, the competitive advantages to be gained by adopting cloud-based ERP and the benefits offered by AI and ML.

ERP 59

ERP Supply Chain Planning Software Modeling Software Optimization Software 59

CLX Logistics

APRIL 22, 2024

Whether achieving real-time compliance tracking, navigating market uncertainties through advanced analytics, or reinforcing safety protocols via secure data exchange, the digital revolution within the chemical supply chain emerges as the critical factor in surmounting these difficulties. Data informs transportation capacity and rates.

Supply Chain Planning Software 82

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

FreightWaves SONAR

APRIL 5, 2021

Tracking market trends within truckload rates relies heavily on data and analysis. The key to avoiding this kind of situation is predictive planning and analysis. This kind of real-time data analysis and application is essential for shippers to stay strategic and tactical as they forecast out contract and spot truckload rates.

Negotiating Skills 94

Negotiating Skills Data Sourcing Strategies Optimal Sourcing 94

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. Soon, it’ll almost be a guarantee that if you’re not leveraging modern data analytics properly, you’re losing money or leaving it on the table.

Material Savings 40

Material Savings Sourcing Strategies Cost Reduction Inventory Reduction 40

EazyStock

JUNE 23, 2022

What is big data? All successful businesses use data to develop strategies and review their outcomes. But as the number of systems being used increases, the amount of data available for consumption and analysis grows exponentially. Unstructured data isn’t as accessible to search or export and is often text-heavy.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Supply Chain Planning Software 52

EazyStock

AUGUST 28, 2023

In the rapidly evolving business landscape, staying ahead of the competition requires more than just good instincts – it demands data-driven decision making. When it comes to inventory management, relying on gut feelings and historical data may lead to inefficiencies, missed opportunities and incorrect inventory levels.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

FreightWaves SONAR

JULY 10, 2023

Businesses are prioritizing the speed of data propagation within their supply chains. This includes sourcing materials, working with vendors, managing warehouses and transportation, and coordinating with retailers to ensure they can meet the changing demands of consumers while remaining profitable. and Target Corp.

Data 52

Data Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 52

GlobalTranz

APRIL 20, 2021

A resilient supply chain incorporates alternative sources, carriers, routes, and other characteristics so that it can flex in response to a situation. Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic. Utilize a TMS That provides real-time data to remain agile.

Supply Chain Planning Software 115

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

Logistics Business Magazine

APRIL 18, 2024

Proactively assessing the risks Taking risk assessment seriously and proactively by implementing technologies and insights into supply chain processes can help stay ahead of disruptions and concerns with data-driven decision making. This offers an alternative in the face of challenges that weren’t forecast.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Software Supply Chains How To 60

3PL Links

DECEMBER 28, 2023

Top Game-Changing Logistics Trends for 2024: Redefining Global Supply Chains | Image source: Flickr Understanding logistics trends is essential for business, and trend research may help organizations of all sizes predict changes, spot areas for innovation, and remain relevant in a market that is becoming more and more competitive.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Sourcing Strategies Trends 48

MTS Logistics

APRIL 3, 2024

Recent data indicates that 2024 has had the best start for U.S. Source: Descartes Datamyne™ Port Efficiency As always, the busiest ports in the U.S. Data from the first two months of 2024 indicates a concerning upward trajectory in port delays, reflecting ongoing operational strains. compared to the same month last year.

Sourcing Strategies 93

Sourcing Strategies Maritime Sourcing Maintainability 93

Freightos

APRIL 27, 2023

In this article, Eytan Buchman, Freightos’ CMO, discusses the importance of data and context in global freight and logistics. The future of global freight data lies in real-time information, contextual insights, and aggregated data that can help companies make better decisions and adapt to a rapidly changing industry.

Data 62

Data Freight Optimal Sourcing Supply Chain Software 62

MTS Logistics

SEPTEMBER 1, 2023

Global supply chains face numerous challenges impacting the efficient movement of goods and services worldwide. Cybersecurity Threats As supply chains become more digitized, vulnerability to cyberattacks increases and can disrupt operations, compromise sensitive data, and even halt production. Some of the key challenges include: 1.

Supply Chain Planning Software 92

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 92

3PL Links

FEBRUARY 19, 2024

Image source: Flickr | Navigating Trends and Projections in Logistics for 2024 The logistics industry is always changing due to fluctuations in the market, technology advancements, and the never-ending quest for efficiency. Technology: The Engine of Transformation Technology will always be at the center of innovation and development.

Sourcing Strategies 48

Sourcing Strategies Trends Inventory Reduction Logistics Network Optimization Software 48

Material Handling and Logistics

JULY 13, 2018

One of the biggest obstacles to setting and implementing strategies for responsible sourcing is accessing reliable and current data and analysis, according to The Dragonfly Initiative CEO, Assheton Carter.

Sourcing Strategies 87

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Sourcing 87

FreightWaves SONAR

NOVEMBER 17, 2020

More freight brokers are turning to technology and transportation data to grow their businesses by understanding the true freight market rate. . It’s not solely about knowing basic rates – it’s about using freight data to make the best decisions for all loads – playing both the buy-side and sell-side aspects of freight brokering.

Data 52

Data Sourcing Strategies Transportation Freight 52

FreightWaves SONAR

JANUARY 25, 2021

It is a challenge for many shippers and carriers to know where they should put their focus and where the data directs them to go. According to FleetOwner , “ trucking companies must go where the data leads them, not where they think it is going to lead them. Why outdated data hurts carriers in the short- and long-term.

Price Reduction 86

Price Reduction Data Supply Chain Software Supply Chain Planning Software 86

Logistics Viewpoints

MAY 1, 2024

Source: Deloitte The CSDDD is still awaiting final approval, but the core due diligence steps will require companies to identify potential, and actual adverse human rights and environmental impacts. This past month, DOW Jones launched a solution to reduce the burdensome processes of conducting a risk analysis on a company value chain.

Resource Reduction 158

Resource Reduction Sourcing Strategies Supply Chain Software Government 158

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. increased protection of industrial operations and data. preserving resources, including cash and time.

Supply Chain Planning Software 48

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

3PL Links

APRIL 23, 2024

Image source: Biz Epic | Top 8 Applications of Artificial Intelligence in The Supply Chain Innovation in technology has completely changed the supply chain. Supplier management Artificial intelligence can help you manage suppliers more objectively and efficiently. As a result, the business’s profit margin rises.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 48

3PL Links

FEBRUARY 14, 2024

Image source: Flickr | Logistics Planning 2024: How To Carry out Logistical Planning for This Year Have you ever given the recent evolution of logistics any thought? Read also: How to Make Reverse Packaging Logistics More Efficient? Why is logistical planning necessary?

Supply Chain Planning Software 48

Supply Chain Planning Software Scenario Planning Optimal Sourcing Sourcing Strategies 48

CLX Logistics

MARCH 4, 2024

Whether achieving real-time compliance tracking, navigating market uncertainties through advanced analytics, or reinforcing safety protocols via secure data exchange, the digital revolution within the chemical supply chain emerges as the critical factor in surmounting these difficulties. Data informs transportation capacity and rates.

Supply Chain Planning Software 52

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