Logistics Viewpoints

OCTOBER 9, 2024

DPPs simplify compliance by consolidating all necessary information in one place, reducing administrative burdens. 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 114

Compliance Digital Sourcing Strategies Waste Reduction 114

Logistics Bureau

AUGUST 2, 2021

The price you pay your vendors for their products is a significant factor in your company’s ability to compete in its market. Here, we’re talking about all your vendors. Purchase order cycle time is a KPI that measures the elapsed time between raising a requisition request and the transmission of the purchase order to the vendor.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

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. Reduced supplier nonconformance from 176 to 30.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Design Software Examples Manufacturing Procurement 94

Logistics Bureau

APRIL 3, 2023

If you’re a decision-maker with accountability for your organisation’s entire supply chain, and you’re just starting to think about outsourcing, perhaps to reduce costs or improve service, this post should prove well worth the few minutes it will take you to read it. What Can You Outsource, and What Should You Outsource?

Outsourcing 98

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 98

Logistics Bureau

APRIL 8, 2016

The Key Supply Chain Challenge of Cost Reduction. 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. This is the big attraction and importance of cost reduction in a supply chain: profits can be increased without having to increase sales.

Cost Reduction 61

Cost Reduction Material Savings Inventory Reduction Price Reduction 61

SYSPRO Smarter ERP

OCTOBER 20, 2021

The second step will be to convert all critical business data produced going forward that requires analysis to be collected going forward. It may seem like a fundamental change, but digitization has enabled the elimination of paper archives as well as countless sheets, folders and files. Digital transformation: a strategy.

Digital 133

Digital Factories Supply Chain Planning Software Supply Chain Software 133

Logistics Bureau

JANUARY 7, 2020

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 other words, the majority did not recognise the need for close alignment between supply chain and general business strategies.

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 111

GlobalTranz

JULY 28, 2021

An optimized supply chain is one that is as efficient as possible; it is more likely to reduce costs, increase customer satisfaction rates, and add value for stakeholders. Using an offshore vendor to manufacture a component for a larger automotive assembly is a typical example. Defining Transportation Optimization.

Optimal Sourcing 126

Optimal Sourcing Optimization Software Optimization Supply Chain Design Software 126

Freightos

NOVEMBER 7, 2023

Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 3% to $1,609/FEU. Some anticipate downsizing among forwarders for the same reasons.

Negotiating Skills 133

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 133

Logistics Viewpoints

FEBRUARY 28, 2022

Supply chain vendors have been touting their investments in artificial intelligence (AI) for the last several years. Alex Pradhan, Product Strategy Leader John Galt Solutions, told me that “all planning vendors have bold marketing around AI.” Lead times, for example, are a critical form of master data for planning purposes.

Supply Chain Planning Software 142

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 142

Logistics Viewpoints

DECEMBER 12, 2023

However, the average company struggles to integrate robots from multiple vendors with their existing systems and processes, as well as divide and orchestrate work across humans and machines. The typical benefits of a WES include an 80% reduction in administrative costs, a 12% increase in units-per-hour, and a 15% improvement in throughput.

Supply Chain Planning Software 137

Supply Chain Planning Software Supply Chain Design Software Optimization Software Resource Reduction 137

Ship Monk

APRIL 5, 2024

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. Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. If so, good on you!

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 105

Logistics Bureau

NOVEMBER 6, 2023

Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency. There are several possible ways to eliminate this form of energy wastage.

Cost Reduction 98

Cost Reduction Purchasing Skills Waste Reduction Material Savings 98

GlobalTranz

NOVEMBER 17, 2016

The most common complaint of newer companies using big data analytics capabilities tends to revolve around traditional questions of business strategy. Consider the following elements explains John Richardson of Inbound Logistics, that impact business strategy. Increasing order efficiency. Demand forecasts. The quantity of each product.

Supply Chain Design Software 115

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

Logistics Viewpoints

SEPTEMBER 19, 2024

Additionally, software vendors continuously invest in tuning the performance of their algorithms and models. 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.

Supply Chain Planning Software 121

Supply Chain Planning Software Scenario Planning Supply Chain Software Supply Chains 121

Logistics Business Magazine

DECEMBER 16, 2021

Governments across the globe are urging businesses to do more to reduce greenhouse gas emissions across the supply chain. In response, companies are taking sustainable leadership to new levels, with a particular focus on reducing their Scope 3 emissions to actively assist in supply chain decarbonisation.

Waste Reduction 57

Waste Reduction Vendor Strategies Cost Reduction Resource Reduction 57

AIMMS

SEPTEMBER 17, 2019

The dilemma here often is: do I take the path of least resistance and upgrade to my current vendor’s costly new package, or do I risk running my business on a legacy solution a bit longer? Sometimes it seems like you don’t have a real alternative, other than what your current vendor is offering. – Tweet this.

Supply Chain Design Software 102

Supply Chain Design Software Modeling Software Supply Chain Software Supply Chain Design 102

Logistics Bureau

OCTOBER 10, 2022

Before we look at the barriers to optimal inventory and the possible ways to eliminate or overcome them, let’s be clear on what inventory optimisation means—because misconceptions do abound. For example, you can optimise for cost, profit, or service, but not for all of them. Inventory Optimisation: A Clarification.

Inventory Reduction 105

Inventory Reduction Inventory Optimization Modeling Optimization Software 105

Trinity Logistics

OCTOBER 31, 2021

A TMS allows your company to eliminate your manual transportation processes. For one example, a TMS can analyze many batch shipments based on various sophisticated parameters and can determine the most cost-effective route plan for your shipment. A TMS has multiple options and breakdowns to give you the best analysis of your data.

Optimization Software 126

Optimization Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 126

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. Virtually every enterprise application vendor claims to offer a platform.

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 111

Logistics Bureau

JANUARY 20, 2025

As youll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, weve discovered that many companies lack a defined and documented supply chain strategy. A company without a supply chain strategy is at a competitive disadvantage.

Inventory Reduction 40

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 40

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. Essentially, the cloud is working to reduce overall risk and reduce costs along the way, but it is also becoming key to increasing accountability and visibility throughout an organization.

Supply Chain Design Software 59

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

Freightos

JUNE 17, 2024

Third-party platforms reduce these upfront costs by providing access to state-of-the-art AI tools and technologies on a “pay per drink” subscription basis. Access to Expertise : Third-party providers often have teams of experts who are at the cutting edge of AI research and application.

Modeling Software 119

Modeling Software Optimization Software Logistics Network Optimization Software Cost Reduction 119

GlobalTranz

AUGUST 5, 2015

However, return merchandise authorization may include several different aspects of service-after-sale, such as warranty management, service agreements, analysis of returns, and management of end-of-life equipment, vendor management, and replacement. Let’s take a look into how RMAs function and some common examples of RMA policy.

Resource Reduction 90

Resource Reduction Vendor Strategies Reverse logistics Cost Reduction 90

Logistics Bureau

NOVEMBER 12, 2024

For example, your company’s objective might be to achieve maximum operational productivity, to improve customer service, or perhaps to minimise capital expenditure. For example, is an SKU typically ordered by the pallet, carton, split carton, or individual unit? Order and picking profiles should be examined too.

Modeling Software 72

Modeling Software Supply Chain Design Software Supply Chain Planning Software Optimization Software 72

GlobalTranz

JANUARY 28, 2015

These back charges can hurt margins if you apply “Flat Rate” charges to customer shipments, and they can cost you (the vendor/shipper) money if you are billing customers for reimbursement of actual freight costs. For example, 50 pounds per cubic foot or greater will receive class 50 designation.

Negotiating Skills 97

Negotiating Skills Price Reduction Cost Reduction Waste Reduction 97

Logistics Bureau

AUGUST 7, 2023

You’re ordering more stock than you need so you can meet vendor minimum order quantities. We’ll be pleased to assist you in implementing methods to sense customer demand more accurately, enhancing your ability to optimise inventory levels, reduce stock-outs, reduce carrying costs—and ultimately increase profitability.

Inventory Reduction 98

Inventory Reduction eCommerce Inventory Procurement Solutions 98

WorkWave

JUNE 27, 2024

This blog will delve into the current state of driver availability, its causes, consequences, strategies for mitigating the challenge, and future outlooks and long-term solutions. For example, a major retail chain reported significant logistical challenges due to driver shortages during the peak holiday season.

Optimal Sourcing 92

Optimal Sourcing Supply Chain Planning Software Optimization Software Availability 92

SYSPRO Smarter ERP

JUNE 9, 2022

Which vendors are late delivering components to us? Here’s an example. The BI tool needs to be able to easily pull all this data together for analysis. Bringing in additional outside data sources can make analysis even more powerful by enabling one to look at a question from a more holistic point of view.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Software 98

Freightos

DECEMBER 6, 2023

Judah Levine December 6, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) were level at $1,620/FEU. Europe – N. America weekly prices rose 2% to $2.14/kg.

Negotiating Skills 118

Negotiating Skills Price Reduction Optimal Sourcing Vendor Strategies 118

Logistics Viewpoints

OCTOBER 11, 2021

Jackson Wood, director of industry strategy for global trade intelligence at Descartes. I had interesting conversations with Jackson Wood- director of industry strategy for global trade intelligence at Descartes, and Linda McKee – director of solution management for global trade services at SAP. Both are leaders in this market.

Compliance 105

Compliance SAP Vendor Strategies Sourcing Strategies 105

Talking Logistics

SEPTEMBER 11, 2017

It is also my go-to example when I try to explain supply chain and logistics to my kids. “Do Take one of the questions above, for example: Can a single truck deliver multiple types of food products together or do they get delivered via separate trucks? Do you ever wonder how all of these foods and products got here,” I ask them.

Optimal Sourcing 90

Optimal Sourcing Optimization Modeling Optimization Software Optimization 90

GlobalTranz

OCTOBER 21, 2015

Are you holding your service providers and vendors accountable to specific KPIs? The next step in procurement is then managing vendors and keeping service providers accountable for continued improvement. For example: Inventory Record Accuracy has to be 98-100% accurate daily. Cost Reduction is another major goal.

Negotiating Skills 94

Negotiating Skills Optimal Sourcing 3PL Procurement Analytics 94

Trinity Logistics

AUGUST 4, 2020

By better managing, using, and analyzing your data, an organization can reduce costs, improve margins, generate revenue, and make smarter business decisions. You can also provide system access to your outside supply chain members such as suppliers, carriers, and vendors. Lane Analysis Reports. How does a TMS offer you all this?

Supply Chain Planning Software 90

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chains 90

AIMMS

JULY 15, 2019

While I’d be first to concede that there are some incredible S&OP tools out there (I particularly admire Kinaxis and OM Partners), it’s incredible that we can play on the same pitch with these large COTS vendors so quickly. We feel fortunate that the market is moving towards us in this regard. A focus on Digital Twins .

Supply Chain Planning Software 107

Supply Chain Planning Software Scenario Planning Modeling Software Gartner 107

GlobalTranz

FEBRUARY 24, 2015

Transportation spending is a perennial target of budget-cutting exercises, and a large, multi-faceted cost center for many companies; some may spend three to six percent of their materials costs on transportation. The bundling of production and transportation costs into vendor contracts is one reason behind this difficulty.

Data 94

Data Transportation Cost Reduction Material Savings 94

Freightos

NOVEMBER 21, 2023

Judah Levine November 21, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) decreased 8% to $1,573/FEU.

Negotiating Skills 127

Negotiating Skills Optimal Sourcing Price Reduction Demo 127