SYSPRO Smarter ERP

JULY 2, 2024

A 2023 survey by McKinsey reported that 79 percent of all respondents had at least some exposure to gen AI, either for work or outside of work. ML and DL are mainly used in data analysis, classification, clustering, and ranking. This can help optimize inventory management, identify bottlenecks, and optimize logistics operations.

Supply Chain Planning Software 105

Supply Chain Planning Software Modeling Software Optimization Software Supply Chain Design Software 105

SYSPRO Smarter ERP

MARCH 21, 2022

Several surveys have reported how SCM in recent years has moved from being a cost center to one responsible for offering superior customer experience and delivering competitive advantage. Primarily this meant increasing inventories as opposed to other strategies like nearshoring. Risk analysis is becoming an important part of SCM.

Manufacturing Procurement 116

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

Ship Monk

FEBRUARY 9, 2024

This type of data must be actively gathered by researching market trends, analyzing the competitive landscape, conducting consumer surveys and focus groups. Accurate data forecasting requires accurate data, robust data analysis tools, and people who understand how to use them. Qualitative data is more subjective.

eCommerce 105

eCommerce Operations Inventory Reduction Modeling Software 105

Logistics Bureau

DECEMBER 6, 2024

This process involves handling returns, which can be due to various reasons, such as damage, defects, seasonal inventory, restock, salvage, recalls, or excess inventory. They may recall inventory from retailers or reprocess it because it has passed its sell-by date or demand is insufficient. Speed will be an important factor.

Reverse logistics 74

Reverse logistics Cost Reduction Vendor Strategies Inventory Reduction 74

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. In fact, up to 70 percent of companies surveyed in Europe have already implemented cloud-based solutions to enable rapid scalability and flexibility.

Supply Chain Design Software 59

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

SYSPRO Smarter ERP

JUNE 21, 2022

A recent SYSPRO survey shows that only 45% of businesses have looked at systems to address supply chain disruptions and just 44% have investigated technologies that enable collaboration with external suppliers and customers. Instead, businesses have focused most their investments on inventory control and order requirements.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Software Supply Chains Optimization Software 105

SYSPRO Smarter ERP

SEPTEMBER 20, 2021

SYSPRO ’s 2020 survey, The Inflection Point for the Factory of the Future , showed that only about one-third (38%) of manufacturers’ business systems had enabled them to meet the challenges posed by the COVID-19 pandemic. Inventory is another huge headache. The pandemic made that impossible.

Manufacturing Procurement 110

Manufacturing Procurement Optimal Sourcing Optimization Software Digital 110

CH Robinson Logistics

SEPTEMBER 28, 2021

Robinson Director of Research and Market Intelligence: The truck driver shortage is top of mind for many as supply chain disruptions continue, port backlogs persist, and the gap between inventory supply and sales demand widens. The answer is not simple and involves research and analysis across a number of factors.

Trucking 116

Trucking Blog Supply Chain Planning Software Supply Chain Design Software 116

3PL Links

DECEMBER 3, 2023

Predictive Analysis in Logistics and Supply Chain: How to Apply | Image source: Pexels In logistics, predictive analysis is simply the process of identifying and forecasting patterns, trends, and behaviors in both human and machine learning approaches, data, and algorithms. This ratio increased to 54% in 2022.

Supply Chain Planning Software 48

Supply Chain Planning Software Optimal Sourcing Analysis Supply Chain Software 48

MTS Logistics

JUNE 30, 2023

Recent market insights found the following: “According to a latest global shipper survey, 75% of shippers who use LCL plan to continue or increase it in 2023. Shippers can move only the inventory they need to meet demand instead of wasting unnecessary time filling a 40-foot container. Diversify the shipping portfolio.

Cost Reduction 98

Cost Reduction Inventory Reduction Waste Reduction Optimal Sourcing 98

Logistics Viewpoints

APRIL 15, 2021

Before the pandemic, in a study of logistics providers conducted by Fraunhofer IML, among those embarking on digitalization initiatives, only 25% of logistics providers in the Fraunhofer IML survey are leveraging digital technologies to think outside the box and reinvent their foundational delivery model. At SodaStream, which provides 1.5

Supply Chain Planning Software 113

Supply Chain Planning Software Supply Chain Software Supply Chains Digital 113

Logistics Bureau

JANUARY 7, 2020

According to a survey by Deloitte from 2014, 79 % of companies with high-performing supply chains achieve revenue growth superior to the average within their industries. In 2014, a survey by Tompkins Consortium delivered a shocking revelation. Pioneered the use of vendor-managed inventory. Inventory shortages.

Supply Chain Design Software 111

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

Logistics Viewpoints

MARCH 25, 2021

The system wasn’t prepared for the surge, driving up pricing for transportation and sapping inventory levels. While supply chains are recovering, a recent survey found that 57% of shippers experienced longer lead times from suppliers in China. While the pandemic seems like a natural disaster, the long-term global disruption is unique.

Supply Chain Planning Software 131

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 131

SYSPRO Smarter ERP

NOVEMBER 8, 2021

Often a tool like a Failure Mode and Effect Analysis (FMEA) is useful as it serves as a checklist and ensures that the business is thinking about these issues and considering mitigation plans. The pandemic has shown that companies struggle to have the correct distribution of parts in the inventory holding. Work-in-progress inventory.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 116

Logistics Bureau

OCTOBER 2, 2016

According to a survey by Deloitte from 2014, 79 % of companies with high-performing supply chains achieve revenue growth greater than the average within their industries. In 2014, a survey by Tompkins Consortium delivered a shocking revelation. Inventory shortages. Inventory and storage costs. Click To Tweet.

Supply Chain Design Software 99

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 99

Logistics Viewpoints

MARCH 21, 2021

According to one survey , only 27% of leaders believe that they have the talent needed to meet current supply chain performance requirements. A skills assessment survey was done to measure potential gaps against a pre-determined skills matrix. What should supply chain leaders be looking for to close the talent gap?

Supply Chain Planning Software 126

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 126

GoShip Blog

JULY 7, 2021

According to the Institute for Supply Management , 75% of the 600+ businesses surveyed in the United States experienced supply chain disruptions. To effectively get this done, you must conduct a thorough risk analysis to figure out the weakest links in your supply chain. Partnering with a Logistics Expert.

Supply Chain Planning Software 98

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

20Cube Logistics

JANUARY 22, 2022

Data analysis renders greatest of help in taking key decisions which are based on facts and trends. Businesses must have a few solid key performance indicators (KPIs) that act as their short and long term objective and utilize data analysis to align themselves to those goals. The fundamentals of data analysis lie in data.

Optimal Sourcing 75

Optimal Sourcing Supply Chain Planning Software Analysis Supply Chain Software 75

Logistics Viewpoints

JULY 18, 2022

Their associate engagement survey allows Ferguson to understand the driver’s impacting engagement across their 31,000 employees. The survey focuses on four engagement questions on advocacy, pride, satisfaction and commitment. 56% of employees surveyed were engaged. The company uses a network design tool from Coupa. Conclusion.

Supply Chain Design Software 119

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 119

SYSPRO Smarter ERP

JUNE 14, 2022

Many manufacturing companies still rely on Excel for all sorts of tasks including scheduling, inventory management and data analysis. The data is stored in a database managed within the building or in the cloud for processing and analysis. Collecting data for effective usage with business intelligence.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Software Modeling Software ERP 105

Blue Grace Logistics

MARCH 20, 2023

Shipper's Guide to Planning Ahead Show Submenu Resources The Logistics Blog® News Press Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - March 20, 2023 Data shows there is a consensus that revenue will increase and inventory levels will build. This was seen in the survey.

Supply Chain Planning Software 62

Supply Chain Planning Software Scenario Planning Inventory Reduction Resource Reduction 62

Logistics Viewpoints

MARCH 17, 2022

According to data from a recent research survey, the following were on top of the supply chain headaches not addressed by their current systems: Supply shortages due to supplier’s inability to meet expected performance targets. Critical inventory disruptions/deficiency anywhere in the supply chain. Network bottleneck identification.

Supply Chain Planning Software 133

Supply Chain Planning Software Modeling Software Optimization Software Scenario Planning 133

Logistics Business Magazine

JANUARY 20, 2023

There is a lot of inventory with retailers and manufacturers. said Cathy Morrow Roberson, Founder and President of Logistics Trends & Insights LLC during a webinar organised by Container xChange on the Chinese New Year analysis and predictions. “We are looking at three different Chinese Years in 2020, 2021 and 2022.

Supply Chain Planning Software 65

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 65

Logistics Business Magazine

SEPTEMBER 27, 2023

Zebra Technologies Corporation today released the findings of its 2023 Global Warehousing Study, which confirmed 58% of warehouse decision-makers plan to deploy radio frequency identification (RFID) technology by 2028 which will help increase inventory visibility and reduce out-of-stocks.

Supply Chain Planning Software 57

Supply Chain Planning Software RFID Supply Chain Software Inventory Reduction 57

Logistics Viewpoints

AUGUST 16, 2024

I want to say a special thank you to Steve Banker and Conrad Hanf who I have worked closely with for the last 10+ years on Logistics Viewpoints as well as countless research projects, surveys, and events. I’d also like to thank Clint Reiser, Mike Guilfoyle, and Andy Chatha. Cargo imported into the U.S. from May’s 2.24

Logistics Network Optimization Software 119

Logistics Network Optimization Software Supply Chain Planning Software Optimal Sourcing Purchasing Skills 119

Logistics Viewpoints

JANUARY 26, 2021

including digital control towers fueled by artificial intelligence (AI), data science and analytics, strategic product segmentation, inventory management, operations intelligence and analysis, strategic sourcing, and effective pricing and promotions management. A Positive Example.

Supply Chain Software 117

Supply Chain Software Definition Supply Chain Planning Software Supply Chains 117

MTS Logistics

NOVEMBER 27, 2023

High inventories and reduced consumer spending are key contributors to this pessimistic outlook. As we turn our attention to Lunar New Year in February 2024, the survey paints a muted outlook. Logistics executives, the people who plan and manage shipping, don’t see much growth in the first half of 2024.

Price Reduction 108

Price Reduction Inventory Reduction Cost Reduction Ordering 108

SYSPRO Smarter ERP

FEBRUARY 23, 2022

Inventory and logistics management. DSNs integrate information across the entire supply chain, removing the problem of siloed inventory management and logistics operations. In addition, if a potential problem is discovered, the system will automate and streamline the recall or Corrective and Preventive Action (CAPA) process.

Manufacturing Procurement 105

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

GlobalTranz

OCTOBER 14, 2015

Technology can help to simplify your supply chain management, which will enable your business to operate more efficiently, give you more visibility and control over your inventory, and help to reduce your operational costs. RFID chips are placed on every product and provide a way for business owners to easily track their inventory.

Supply Chain Planning Software 104

Supply Chain Planning Software Supply Chain Software Supply Chain Technology Sourcing Strategies 104

Logistics Business Magazine

MAY 29, 2019

The future of the UK’s fast expanding subscription box market (subcom) looks bright if trends in the US are anything to go by – according to a new State of Subscription Commerce survey. 24 percent – Inventory Accuracy. • 16 percent – Inventory Obsolescence. With the number of UK deliveries predicted to grow from 40.1

Survey 28

Survey Trends 3PL Logistics Network Optimization Software 28

SYSPRO Smarter ERP

JULY 9, 2024

Those are entry-level financial solutions that cannot scale as the company grows, nor can they help manage various departments, such as order management, the shop floor, or warehousing and inventory. Financial data is always up-to-date because of real-time integration between financial, manufacturing, inventory and other business functions.

ERP 52

ERP Manufacturing Procurement Inventory Reduction Optimal Sourcing 52

Material Handling and Logistics

AUGUST 31, 2018

It’s true that the major issues in the supply chain—which were confirmed through MH&L ’s workforce survey process and published in an earlier article —are nuanced. The collection, access, analysis and utilization of data must be a primary consideration, not an afterthought. In the supply chain, problems are often overcomplicated.

Supply Chain Design Software 145

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 145

Blue Grace Logistics

JULY 27, 2021

51% of the respondents in a global Reuters survey felt that the most perplexing challenge is the unpredictable nature of consumer demand. Approaching a demand analysis with historical data and seasonal variations is no longer competent. Every step of the way can use predictive analysis. Demand forecasting is hard.

Procurement Analytics 62

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

MTS Logistics

OCTOBER 9, 2023

A study by PwC found that 66% of surveyed executives anticipate higher supply chain costs as a result of diversifying away from China. Another disadvantage is to be able to maintain enough inventory levels in multiple locations to meet ever-changing demand.

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills Supply Chain Software Supply Chains 105

Ship Monk

APRIL 28, 2023

According to the Business of Sustainability Index , despite intense inflation since 2020, 66% of general US customers and 80% of young adult (ages 18-34) US customers surveyed in 2022 are willing to pay more for sustainable products/companies that embrace sustainable practices. Clearly explain cause and effect.

eCommerce 97

eCommerce Waste Reduction How To Material Savings 97

ShipLilly

JUNE 23, 2021

Function 3: Improving the accuracy of inventory management. Given the imperfections of human resource input into the inventory management system, artificial intelligence can fill the gap. Inventory management is enhanced by the application of AI in strategic processing points. Another 53% reported increased revenues.

Optimal Sourcing 87

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 87

Logistics Viewpoints

OCTOBER 19, 2023

The issue wasn’t poor planning – they had the inventory. Multiple calls only muddied the waters, but a few things became clear: inventory was in the warehouse, but my order for it was stuck. The combinatorial factors disrupting supply chains persist, but in this case the problem was completely preventable.

Supply Chain Planning Software 121

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 121