SYSPRO Smarter ERP

AUGUST 31, 2023

If you are a finance professional in a manufacturing business, your main goals are to reduce risk, improve profitability, and maintain high levels of compliance. A better way is to connect your Excel reports directly to the data source and get the same reports you used to spend hours or days creating, in minutes. Analysis is limited.

Optimal Sourcing 111

Optimal Sourcing Optimization Software Data Optimization 111

Supply Chain Brain

SEPTEMBER 5, 2024

In making complex decisions regarding their manufacturing strategies, companies must conduct a comprehensive analysis of operations that spans multiple functions.

Sourcing Strategies 105

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Strategy 105

The Logistics of Logistics

AUGUST 28, 2023

Her supply chain and traditional G&A consulting background bring a unique perspective to clients who must work across their organizations to drive supply chain initiatives with Procurement, IT, Operations, and the C-suite. At DAT, she has been instrumental in growing the shipper practice.

Supply Chain Planning Software 357

Supply Chain Planning Software Logistics Network Optimization Software Optimization Software Optimal Sourcing 357

Logistics Viewpoints

FEBRUARY 20, 2024

Supply chain network design (SCND) is a powerful tool for improving business operations. Optimization and simulation are the two main branches of SCND. Optimization accounts for over 90% of all work that is being done by SCND teams. It can be used to solve a wide variety of supply chain problems. But it has gaps.

Supply Chain Design Software 144

Supply Chain Design Software Sourcing Strategies Supply Chain Design Inventory Reduction 144

Logistics Viewpoints

DECEMBER 15, 2022

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? Cluster analysis is a statistical umbrella term for methods that classify data points according to their attributes.

Optimal Sourcing 119

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 119

TransAudit

JUNE 27, 2023

Machine learning, at its core, is a technology that allows systems to learn from experience, improve predictions, recommendations, and decisions over time. It advances digitization efforts, facilitates data cleaning, and streamlines supply chain planning, procurement, and execution.

Optimal Sourcing 67

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 67

3PL Links

JANUARY 8, 2025

Image source: iStocks | The Ultimate Guide to Fleet Management: Strategies to Control and Optimize Your Processes Investing in a fleet management system results in an improvement in internal processes, which directly reflects the quality of the service provided to the end customer.

Optimal Sourcing 62

Optimal Sourcing Cost Reduction Resource Reduction Expense Reduction 62

Logistics Viewpoints

JUNE 26, 2024

So, when I learned that GIS can effectively be used for traffic analysis and management, my interest piqued. GIS is a powerful tool that enables the analysis and visualization of spatial data, allowing for the integration of geographical elements into transportation planning and management. How Does GIS Help?

Sourcing Strategies 145

Sourcing Strategies Optimization Software Optimal Sourcing Logistics Network Optimization Software 145

CLX Logistics

MAY 15, 2024

The Company has large chemical locations and operations throughout Europe, and sought to compare their transportation rates with those of their competitors in an effort to make optimizations. They also recognized the need to look beyond their own data, and wished for experienced input on their procurement strategy.

Optimal Sourcing 60

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 60

SYSPRO Smarter ERP

MARCH 2, 2022

To deal with the new challenges in managing and planning the supply chain , the procurement department is one of the functions that should look at changing. It is no longer sufficient for procurement to focus just on supplier costs, placing orders and ensuring goods are received. Risk management.

Optimal Sourcing 116

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Software 116

Logistics Viewpoints

FEBRUARY 28, 2022

Machine Learning, a Form of Artifical Intelligence, Has Feedback Loops that Improve Forecasting. Further, while artificial intelligence helps solve certain types of problems, Jay Muelhoefer – the chief marketing officer at Kinaxis pointed out – optimization and heuristics work better for other types of planning problems.

Supply Chain Planning Software 172

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 172

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

Freightos

DECEMBER 3, 2024

From COVID to geopolitical tension, the past five years have emphasized the need for procurement agility. From COVID to geopolitical tension, the past five years have emphasized the need for procurement agility. These external factors are near-impossible to predict, forcing more frequent tender updates to remain inline with the market.

Optimal Sourcing 114

Optimal Sourcing Procurement Logistics Network Optimization Software Price Reduction 114

Logistics Viewpoints

JANUARY 21, 2025

Retain and Utilize Memory: They utilize short-term and long-term memory to learn from user interactions and provide personalized responses, with the ability to share memory across multiple agents in a system to improve consistency. Real-time data processing and analysis are crucial for identifying and resolving supply chain disruptions.

Supply Chain Planning Software 125

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimal Sourcing 125

Logistics Viewpoints

DECEMBER 14, 2023

And even before they begin, they must realize these problems are too big for any single team—supply chain must connect with finance and procurement to treat the n-tier suppliers as an extended part of their network and become their preferred customer. By identifying these gaps, you can create sourcing events to close them.

Supply Chain Design Software 147

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Optimal Sourcing 147

Logistics Viewpoints

FEBRUARY 15, 2022

There is optimism around the corner, but a sunny outlook isn’t enough; it’s past time for supply chain leaders to transform their supply chains to become more agile. True resiliency is achieved when supply chain leaders can predict issues and dynamically respond – from sourcing and manufacturing to final delivery – with agile solutions.

Supply Chain Planning Software 172

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 172

Logistics Viewpoints

SEPTEMBER 4, 2023

Procuring transportation for freight is much different than any other procurement category. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. One master of freight procurement is Kyle Masters. Procurement ran a request for proposal event.

Procurement Solutions 128

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 128

Logistics Bureau

AUGUST 2, 2021

Whether you’re planning to benchmark your supply chain or simply trying to improve how you measure its performance, it makes sense to know a little about the most commonly used KPIs for each supply chain component. 7 Procurement KPIs You Should be Using. There are several methods you can use to measure the supplier defect rate.

Procurement Analytics 118

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 118

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. This includes internal and external data sources.

Supply Chain Planning Software 161

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 161

Logistics Viewpoints

JULY 23, 2024

Define business objectives: Clearly define the business objectives and key performance indicators (KPIs) that your AI-driven supply chain management system aims to optimize. Collaborative discussions can help identify relevant data sources and metrics that capture the end-to-end supply chain process and align with overall business goals.

Optimal Sourcing 149

Optimal Sourcing Supply Chain Software Supply Chains Data 149

Logistics Viewpoints

SEPTEMBER 29, 2022

However, as supply chain practitioners know, operating regionally, or in a siloed fashion, tends to create inefficiencies that can be addressed by broader operating visibility and efforts to optimize holistically instead of locally. They named this initiative Project Network Enterprise Optimization (Project NEO). Project NEO.

Supply Chain Transformation 150

Supply Chain Transformation Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 150

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

Log-hub

MAY 22, 2024

The concept of multi-tier supply chain analytics and optimization has become a critical component for companies aiming to maintain competitive advantage, ensure efficiency, and respond rapidly to market changes. PRESCRIPTIVE ANALYTICS : Suggests actions based on data analysis. AI can play an important role in inventory optimization.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Material Savings Supply Chain Planning Software 52

Log-hub

MAY 22, 2024

The concept of multi-tier supply chain analytics and optimization has become a critical component for companies aiming to maintain competitive advantage, ensure efficiency, and respond rapidly to market changes. PRESCRIPTIVE ANALYTICS : Suggests actions based on data analysis. AI can play an important role in inventory optimization.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Material Savings Supply Chain Planning Software 52

Logistics Viewpoints

MARCH 8, 2021

Mr. Frasquet is the executive director of corporate procurement, although his responsibilities include a much broader set of supply chain responsibilities than just sourcing. The solution can answer questions like where should new production or distribution capacity be located to optimally accommodate anticipated growth in demand?

Supply Chain Design Software 161

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Supply Chain Software 161

Logistics Viewpoints

MARCH 17, 2022

The same survey indicates that 50% of the retailers are unhappy with their existing technology solutions and are looking to enhance or replace them to bring more diagnostic and predictive capabilities, including: Current demand vs. forecast analysis and rebalancing. Network cost modeling. Automated forecasting processes.

Supply Chain Planning Software 173

Supply Chain Planning Software Modeling Software Optimization Software Scenario Planning 173

Logistics Viewpoints

DECEMBER 17, 2024

However, as carbon taxes and emissions reporting requirements continue increasing, supply chain professionals face mounting pressures from inside and outside their organizations to measure and improve performance against new, nebulous sustainability metrics.

Supply Chain Planning Software 133

Supply Chain Planning Software Supply Chain Software Procurement Solutions Optimal Sourcing 133

Logistics Viewpoints

MAY 28, 2024

shows that 54% of the leaders surveyed are focused on automating non-value-added and repetitive tasks with technology to improve worker productivity. Delivery route optimization is the top tech choice to improve the productivity of labor workers. calls, emails) and resource-intensive.

Supply Chain Software 144

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Supply Chains 144

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. Price fluctuations and sourcing issues.

Supply Chain Planning Software 191

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 191

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 cloud also allows access to Big Data, which greatly improves the platform’s ability to do machine learning. The use cases just keep expanding.

Supply Chain Design Software 126

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 126

Log-hub

OCTOBER 1, 2024

Log-hub is expanding its portfolio with the new Inventory Optimization App , a powerful tool designed to streamline inventory management while reducing costs. Tailored for businesses looking to maintain an optimal balance between inventory levels and service quality, this app offers a comprehensive solution to inventory challenges.

Optimal Sourcing 40

Optimal Sourcing Inventory Reduction Cost Reduction Inventory 40

CLX Logistics

FEBRUARY 22, 2024

Procurement management stands at the crossroads of technological innovation and strategic decision-making. As organizations strive to enhance operational efficiency, mitigate risks, and capitalize on emerging opportunities, the role of Artificial Intelligence (AI) and Machine Learning (ML) in procurement has become increasingly prominent.

Optimal Sourcing 52

Optimal Sourcing Procurement Negotiating Skills Supply Chain Software 52

Logistics Viewpoints

DECEMBER 4, 2023

More advanced solutions include real-time transportation visibility, route optimization, and telematics. In transportation, digital freight procurement and asset tracking & data mining are in broad use. The top drivers for these investments are the needs for improved cost, driver, and productivity management.

Modeling Software 143

Modeling Software Optimization Software Logistics Network Optimization Software Optimal Sourcing 143

GlobalTranz

AUGUST 18, 2021

That includes analysis of current operations, costs by mode, performance and benchmarking of existing partnerships. The right partner will also work with your team to implement changes based on data-driven recommendations and identify opportunities for continuous improvement. . Focus on Carrier Procurement and Management.

Logistics Network Optimization Software 123

Logistics Network Optimization Software Optimal Sourcing Optimization Software Modeling Software 123

FreightWaves SONAR

MAY 7, 2024

For shippers, the approach to transportation procurement is evolving. This approach is cumbersome and fraught with challenges such as limited visibility, inefficient data management and difficulties in bid analysis. This not only makes the process more efficient, but also reduces the likelihood of errors and enhances productivity.

Optimal Sourcing 64

Optimal Sourcing Optimization Software Supply Chain Software Procurement 64

SYSPRO Smarter ERP

APRIL 17, 2023

Unfortunately, without proper processing and analysis, this data is of little use to the organization. BI is a powerful tool that can help companies drive informed decisions, improve their planning processes, and maintain a competitive edge in the marketplace. This enables managers to take swift action and keep production on track.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Optimization Software 98

Logistics Viewpoints

AUGUST 15, 2024

Supply chain policies and configurations can be evaluated and then optimized across the likely ranges of demand, supply, disruptions, and financial drivers – providing the best plans across strategic and tactical horizons. The role of AI in decision intelligence extends to both optimizing decision-making and enacting those decisions.

Scenario Planning 145

Scenario Planning Supply Chain Planning Software Sourcing Strategies Optimal Sourcing 145