EazyStock

JUNE 24, 2020

Inventory optimization software is an important piece of the puzzle. Organizations are introducing software to drive efficiency right across their operations – from financial analysis to marketing automation. How Inventory Optimization Software Works. The era of using spreadsheets to run reports and analyze data is over.

Procurement Solutions 98

Procurement Solutions Inventory Reduction Inventory Supply Chain Planning Software 98

Logistics Bureau

DECEMBER 28, 2024

For example, switching from air to ocean freight for non-time sensitive shipments can reduce carbon emissions by up to 95% per unit shipped. Also consider on-site renewable energy generation through solar panels or purchasing renewable energy credits (RECs) to offset facility emissions. How can we help?

Resource Reduction 75

Resource Reduction Material Savings Supply Chain Design Software Supply Chain Planning Software 75

Logistics Bureau

JANUARY 3, 2025

Quality and Detail of Data and its Analysis In some of our earlier posts, weve stressed the importance of simplicity in distribution network design , and we will return to that topic later in this article. It’s not a short list, so we’ll set it down here as a summary to help you with plans for analysis.

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Design Distribution Networks 75

GlobalTranz

NOVEMBER 17, 2016

Transportation modes used in procurement and shipping. Distribution of goods prior to purchase. Each of these elements more traditionally handles by outsourcing analysis of processes to supply chain consultant. Twitter Facebook Google+ LinkedIn The post How Can Supply Chain Leaders Use Big Data as a Tool to Continuously Improve?

Supply Chain Design Software 115

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

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. harder to procure capacity at the benchmark rate per mile ) in both the outbound and inbound directions.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

EazyStock

MARCH 9, 2021

What is ABC Analysis? ABC inventory analysis is a method used to classify a business’s stock items into three categories – A, B and C, based on their value to the business. In this blog post we’ll delve deeper into the intricacies of ABC analysis and how it can help businesses improve their inventory management practices.

Analysis 83

Analysis Inventory Optimization Software Procurement Solutions 83

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 also offers a robust, market share leading, supply chain design solution. Initially, this product will focus on the purchase order (PO) acceptance process.

Supply Chain Design Software 109

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 109

Logistics Viewpoints

MARCH 27, 2025

Most supply chain and logistics teams have recognized that the only way to combat todays incredible level of uncertainty is by adopting and applying digital tools. The pace and scope of supply chain disruption are beyond human cognition, manual analysis, and consumer-grade spreadsheet tools.

Supply Chain Planning Software 60

Supply Chain Planning Software Optimization Software Supply Chain Software Logistics Network Optimization Software 60

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.

Negotiating Skills 98

Negotiating Skills Purchasing Skills Cost Reduction Analysis 98

GlobalTranz

FEBRUARY 27, 2015

Editor’s Note: Today we are featuring this guest post from Find Accounting Software as it covers a subject we are also interested in, Manufacturing Technology which makes businesses more efficient. There’s one voice that’s often conspicuously absent from the online ERP software conversation: the one belonging to actual users.

Manufacturing Procurement 110

Manufacturing Procurement ERP Logistics Network Optimization Software Procurement Solutions 110

Logistics Viewpoints

MARCH 8, 2021

When companies implement enterprise software solutions, they often label that implementation as being part of their company’s digital transformation. But implementing new software does not digitally transform anything if the people that are supposed to use that software cannot do so effectively.

Supply Chain Design Software 127

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Supply Chain Software 127

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

Trinity Logistics

NOVEMBER 30, 2021

Using transportation management software (TMS) is a powerful way to gain control and visibility over your supply chain. There are so many different software platforms available and providers who offer transportation management software. How can you choose the best software and provider option for you?

Supply Chain Design Software 116

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Optimization Software 116

Ship Monk

APRIL 5, 2024

The fact is, most business owners think of procurement as nothing more than a transactional relationship. SRM is more than a one-and-done analysis. 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

Material Handling and Logistics

AUGUST 10, 2018

But I often see companies that have more cutting tools, for example, than they need. Machinists may set aside a box of inserts and drills at their work stations, for example, to ensure they don’t run out. If a specification changes or new tools come online, this excess inventory may end up in the trash. Too Little.

Negotiate Pricing 90

Negotiate Pricing Negotiating Skills Purchasing Skills Procurement Solutions 90

SYSPRO Smarter ERP

NOVEMBER 30, 2021

It provides the facility to analyze forecasting errors, share data between departments such as procurement, identify sales trends and seasonality. Other related tools such as Pareto analysis identify which products are most profitable and hence those you should focus your attention on. Stay Agile, Get Ahead.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Manufacturing Procurement 105

3PL Links

JANUARY 8, 2025

A fleet management system is a fundamental tool in the planning and operational control of the logistics sector. The opportunities for improvement when using this system include: Real-time location tracking of each vehicle; Analysis of drivers’ behavior in relation to what was planned and what happened.

Optimal Sourcing 62

Optimal Sourcing Cost Reduction Resource Reduction Expense Reduction 62

Logistics Viewpoints

SEPTEMBER 18, 2024

In this context, companies are looking for trusted solution providers that can help them design the most efficient plan and support them in the transition to ensure adoption of the new technologies. For solution providers, it offers insights into their market position, strengths, weaknesses, and growth opportunities.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Modeling Software 89

Logistics Bureau

JANUARY 20, 2025

Supply chain automation refers to the tools and technologies we can use to make manual tasks automated, reducing the need for human workers. Supply chain automation tools allow you to create a more resilient, efficient, and competitive business. What are some examples of Supply Chain Automation? What is Supply Chain Automation?

Supply Chain Software 75

Supply Chain Software Supply Chain Design Software Supply Chain Design Supply Chains 75

WorkWave

OCTOBER 17, 2024

Market Analysis Understanding your market is crucial for any business. For example, the global courier and local delivery services market is expected to grow at a CAGR of 4.7% For example, the global courier and local delivery services market is expected to grow at a CAGR of 4.7% Competitive Analysis : Who are your competitors?

Cost Reduction 52

Cost Reduction Logistics Network Optimization Software Transportation Purchasing Skills 52

EazyStock

JUNE 18, 2019

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

Analysis 51

Analysis Inventory Reduction Inventory Procurement Solutions 51

AIMMS

NOVEMBER 2, 2020

As we have commonly seen in other companies, they might also be using different planning software, or a legacy solution like spreadsheets. This can result in different teams using different data formats, diverging results from data analysis, and hence poorly aligned decision making. They had no centralized purchasing process.

Supply Chain Planning Software 127

Supply Chain Planning Software Purchasing Skills Cost Reduction Optimal Sourcing 127

Turvo

AUGUST 31, 2021

With all the volatility that still lingers in the modern supply chain, the need for high-quality data analysis, solid procurement planning, good profit margins , and streamlined scheduling systems all remain crucial for shipping and transportation providers. Why Poor Visibility in Grocery Procurement Plans Lead to Big Issues.

Supply Chain Planning Software 59

Supply Chain Planning Software Procurement Solutions Optimal Sourcing Procurement 59

Logistics Bureau

APRIL 4, 2022

Here is an overview of the most valuable benefits: More informed freight spending: Because freight benchmarking involves the analysis of carriers and the rates paid by companies using them, it gives you an evolving picture of clarity about your freight spending. Alternatively, you can procure access to a digital freight benchmarking platform.

Negotiating Skills 96

Negotiating Skills Logistics Network Optimization Software Purchasing Skills Supply Chain Planning Software 96

Logistics Business Magazine

NOVEMBER 18, 2021

In intralogistics, the term “retrofit” refers to the modernisation of machines, equipment, and software systems, writes Karoline Poderschnig*, IT Project Manager at SSI Schaefer. But what exactly does it mean when a software system in a warehouse is modernised? Gradual transition to the new software version.

Procurement Solutions 56

Procurement Solutions Logistics Network Optimization Software Scenario Planning Food and Agriculture 56

Logistics Bureau

AUGUST 7, 2023

In this article, we’ll look at some of those challenges and explore potential solutions to help you and your IM team meet the burgeoning demand for fast and accurate order fulfilment. Moreover, the ecommerce explosion has brought new and unique challenges that complicate inventory management for enterprises selling online.

Inventory Reduction 98

Inventory Reduction eCommerce Inventory Procurement Solutions 98

SYSPRO Smarter ERP

MARCH 21, 2022

SCM solutions provide oversight of materials and products, and their associated data, as they move through the supply chain from supplier to consumer. Risk analysis is becoming an important part of SCM. The modernization of software is going to be needed if supply chain management is going to be a valuable business function.

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 116

Logistics Bureau

DECEMBER 22, 2024

A KPI is a practical and objective measurement of progress, either: Towards a predetermined goal, or Against a required standard of performance It might help to think of a KPI as something like an instrument on a car dashboarda speedometer, for example. Why Are KPIs Important?

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

Logistics Bureau

MAY 31, 2021

If yours is one of those businesses shifting from traditional to online retail, you’ve probably faced some of the logistical challenges arising from the need to deliver your customers’ purchases to them. For example: Compared to selling a product in-store, the cost to deliver that same item as a small parcel can be several times higher.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

EazyStock

AUGUST 9, 2022

The importance of distribution software. There are a host of distribution software systems that manage internal and external supply chain workflows. Distribution software benefits. Distribution software can bring many benefits to inventory management teams, and the wider business, including: Accurate demand forecasting.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Procurement Solutions Supply Chain Software 52

Logistics Viewpoints

MAY 11, 2023

The concept of digital twins has emerged as a powerful foundational tool to drive improvements in warehouse productivity and efficiency. But do you really need to look specifically at digital twin solutions, or might some of these already be available in the automation you already have? come with any of them.

Optimization Software 122

Optimization Software Supply Chain Design Software Modeling Software Digital 122

Blue Grace Logistics

AUGUST 3, 2021

The importance of setting the tone of the relationship and being an example of what you expect. Making decisions to benefit a company must be a process of analysis and planning. This means, for example, putting the company’s quality manager in contact with the supplier’s quality manager. Finally, make it personal.

Maintainability 118

Maintainability Price Reduction Purchasing Skills Resource Reduction 118

EazyStock

DECEMBER 17, 2019

One notable example is Amazon, who uses AI to track customers’ purchasing habits and to use that information to make recommendations for other products. AI can be used in supply chain planning to analyze huge datasets and provide an analysis of supply and demand trends for better procurement. Automation.

Supply Chain Software 81

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 81

EazyStock

NOVEMBER 17, 2020

ERP systems typically allow companies to undertake tasks such as purchasing, production planning, service delivery and customer management – all from one single platform. Inventory management teams will begin to see limitations with their ERP system when they want more sophisticated inventory optimization solutions.

ERP 98

ERP Inventory Reduction Inventory Optimization Software 98

SYSPRO Smarter ERP

JULY 4, 2022

One of the main technology disruptors is cloud infrastructure and supporting tools. It is becoming a more common term among manufacturers as a technology solution on which a company builds its business to attract an ecosystem of suppliers and customers who derive value from it. A cloud ERP system can be such a platform.

Optimization Software 111

Optimization Software ERP Supply Chain Software Manufacturing Procurement 111

Logistics Viewpoints

JUNE 4, 2024

However, the juice for my newfound nightly routine soon became difficult to find, perpetually out of stock each time I tried to purchase it at the grocery store. 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 118

Inventory Reduction Supply Chain Planning Software Inventory Waste Reduction 118

Logistics Problem Solving

AUGUST 9, 2018

Should You Buy a Logistics and Supply Chain Software Solution or Build Your Own? Any company that is serious about its supply chain will eventually need to upgrade its logistics data management software. Why Companies Need New Supply Chain and Logistics Software. Internal Resources vs. External Solutions.

Logistics Network Optimization Software 48

Logistics Network Optimization Software Supply Chain Software Procurement Solutions Optimization Software 48