Logistics Viewpoints

APRIL 14, 2025

AI in Procurement: Enhancing Sourcing and Supplier Management Procurement has traditionally relied on human expertise, manual comparison of supplier options, and analysis of past performance. Integration allows seamless transitions from data insights to purchase approvals and execution.

Optimal Sourcing 96

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Supply Chain Design Software 96

Logistics Viewpoints

FEBRUARY 25, 2025

Pre-Buying Inventory is another option, allowing companies to purchase additional stock before tariff hikes take effect to minimize short-term cost increases. Take Control of Purchase Prices Hedging strategies which may include mid to long-term price arrangements help provide financial stability amid tariff fluctuations.

Manufacturing Procurement 101

Manufacturing Procurement Inventory Reduction Material Savings Optimal Sourcing 101

Logistics Bureau

DECEMBER 4, 2024

What is purchasing? I asked one of our purchasing management experts exactly that question so you can hear it directly from the horse’s mouth. What is Purchasing in Logistics? In short, purchasing is a transaction: you buy an item or a service. Why do people get confused between purchasing and procurement?

Manufacturing Procurement 40

Manufacturing Procurement Procurement Solutions Eliminating Excel in Purchasing Purchasing Skills 40

Logistics Bureau

DECEMBER 28, 2024

Also consider on-site renewable energy generation through solar panels or purchasing renewable energy credits (RECs) to offset facility emissions. This means installing LED lighting with motion sensors, energy efficient HVAC systems and automated storage and retrieval systems (AS/RS) that maximise space and reduce energy consumption.

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

WorkWave

JANUARY 21, 2025

These might include discounts for purchasing electric lawn equipment or energy-efficient pest control solutions. Impact of Policy Proposals: An Industry-Specific Analysis 1. Repatriation Tax Benefits A key proposal of the new administration is the repatriation tax policy, which offers reduced tax rates to U.S.

Cost Reduction 110

Cost Reduction Price Reduction Expense Reduction Material Savings 110

Dedola Global Logistics

MAY 1, 2024

Landed Cost Analysis For informed decision-making, a clear understanding of import costs is essential. DGL’s in-depth landed cost analysis provides full visibility into the total cost of your shipments, encompassing tariffs, taxes, and additional fees. Purchase Order Management Efficiency is key in managing your purchase orders.

Procurement Solutions 98

Procurement Solutions Manufacturing Procurement Purchasing Skills Sourcing Strategies 98

Logistics Viewpoints

JUNE 8, 2022

I tend to use time series analysis as an anchor to my forecast, as I suspect many of you do. Inflation has led me to review the likely magnitude of importance for certain purchases, as employee compensation is not increasing at the same rate as inflation, diminishing purchasing power. New Factors with Limited History.

Scenario Planning 125

Scenario Planning Analysis Events Purchasing Skills 125

EazyStock

NOVEMBER 17, 2022

This year, purchasing teams are also facing continued challenges due to global supply chain and logistics pressures, component shortages, and soaring prices for electricity and fuel. The key is to keep track of your inventory planning and purchasing processes. Successful sales during this period come down to many factors.

Procurement Solutions 52

Procurement Solutions Purchasing Skills Purchasing Supply Chain Planning Software 52

EazyStock

NOVEMBER 17, 2022

This year, purchasing teams are also facing continued challenges due to global supply chain and logistics pressures, component shortages, and soaring prices for electricity and fuel. The key is to keep track of your inventory planning and purchasing processes. Successful sales during this period come down to many factors.

Procurement Solutions 52

Procurement Solutions Purchasing Skills Purchasing Supply Chain Planning Software 52

WorkWave

JANUARY 27, 2025

Key advantages of buying these solutions include: Cost Efficiency: Purchasing a prebuilt solution is often more cost-effective than developing one in-house. Access to Best Practices: Vendors often incorporate industry best practices into their solutions, offering tried-and-true methods for data analysis.

Optimization Software 69

Optimization Software Optimal Sourcing Purchasing Skills Procurement Analytics 69

Freightos

DECEMBER 20, 2022

From lockdown-induced purchasing highs, soaring logistics costs and supply chain snarls to waning demand, soaring inflation, and fears of recession – there has never been a dull moment. . The post Freight Cost Volatility Impacts on Inflation – An Analysis appeared first on Freightos. Bureau of Economics as part of annual GDP.

Purchasing Skills 62

Purchasing Skills Analysis Cost Reduction Freight 62

Logistics Bureau

AUGUST 2, 2021

For example, you might use simple observation to identify visible defects at goods-in, or you could make your analysis a bit deeper by testing a percentage of items received from the supplier. Emergency Purchase Rate. For that reason, the emergency purchase rate KPI is one you should certainly be keeping an eye on.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

The Logistics of Logistics

FEBRUARY 12, 2021

Prior to his time in consulting, Ilya was a Supply Chain Strategy Manager at Cummins Inc, where he oversaw $100M in spend and was responsible for developing the commodity strategy for sheet metal fabrication and raw metal purchases. Ilya earned a Bachelor of Science in International Business from the University of Indianapolis. About PAXAFE.

Expense Reduction 195

Expense Reduction Freight Supply Chain Software Modeling Software 195

Logistics Viewpoints

MARCH 27, 2025

The pace and scope of supply chain disruption are beyond human cognition, manual analysis, and consumer-grade spreadsheet tools. They have real-time visibility into inventory levels, movements and purchase orders across all trading partners in the multi-tier network from raw materials to warehouse to retail shelf or consumer doorstep.

Supply Chain Planning Software 133

Supply Chain Planning Software Optimization Software Supply Chain Software Logistics Network Optimization Software 133

WorkWave

APRIL 23, 2025

Targeting the Right Customers With Decile Analysis Sending print materials to every household in your service area isn’t just expensive it’s inefficient. Customer decile analysis helps you focus your print budget where it will generate the highest return. OAKWOOD25, RIVERDALE25) to facilitate analysis over time.

Procurement Analytics 40

Procurement Analytics Optimal Sourcing Industry Material Savings 40

WorkWave

OCTOBER 17, 2024

Market Analysis Understanding your market is crucial for any business. Competitive Analysis : Who are your competitors? purchasing vehicles, hiring staff, marketing efforts) Your repayment or return on investment (ROI) strategy Be realistic and transparent about your funding needs to build trust with potential investors.

Cost Reduction 52

Cost Reduction Logistics Network Optimization Software Transportation Purchasing Skills 52

Trinity Logistics

OCTOBER 31, 2021

A TMS can make recommendations for you on different factors like least-cost mode analysis, freight consolidation options, and continuous move opportunities. A TMS has multiple options and breakdowns to give you the best analysis of your data. Get a free supply chain analysis to see what you need.?. A Trinity, we?understand?

Optimization Software 126

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

Logistics Viewpoints

JULY 17, 2024

G&J Pepsi-Cola Bottlers began its journey in 1925 when two women in Cincinnati, along with their partners, purchased the New York Mineral Water company. About G&J Pepsi-Cola Bottlers G&J Pepsi-Cola Bottlers is a 100-year-old privately held company with headquarters in Cincinnati, Ohio.

Digital 126

Digital Procurement Analytics Manufacturing Procurement Modeling Software 126

Logistics Viewpoints

JUNE 8, 2023

While the initial purchase cost of an existing platform may appear higher, the added benefits, scalability, and efficiencies it provides ensure lower costs over the long term and higher lifetime value. Purchasing technology from a vendor can be a complex task, especially when it comes to estimating costs.

Modeling Software 111

Modeling Software Optimization Software Supply Chain Design Software Logistics Network Optimization Software 111

Logistics Bureau

NOVEMBER 14, 2018

Too much leads to resources being monopolised on gathering tons of data and a subsequent risk of “paralysis by analysis” Cost to Serve (CTS) is an approach that helps you avoid both extremes. Besides optimising the present or fixing the past, CTS reporting and analysis opens the door to what-if scenarios and projections.

Purchasing Skills 93

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 93

SYSPRO Smarter ERP

NOVEMBER 30, 2021

Other related tools such as Pareto analysis identify which products are most profitable and hence those you should focus your attention on. Charged with this critical task, the purchasing department can leverage its Material Requirements Plan (MRP) to stay abreast of what’s needed, how much and when. Managing Inventory.

Supply Chain Planning Software 105

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

EazyStock

FEBRUARY 18, 2020

Ordering costs include the costs of creating a purchase order, processing an order, receiving and inspecting orders, etc. Can my warehouse and staff manage more frequent purchase cycles? Smaller batch orders with higher frequency gives inventory managers more flexibility to align purchasing patterns with actual customer demand.

Ordering 95

Ordering Purchasing Skills How To Inventory 95

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. This solution provides for purchase order collaboration. Coupa’s BSM platform is based on a public cloud that connects 3500 buyers to ~10 million suppliers.

Procurement Solutions 119

Procurement Solutions Modeling Software Procurement Analytics Logistics Network Optimization Software 119

Logistics Viewpoints

MARCH 8, 2021

From a process perspective, an analysis is not enough. Once an analysis is completed, it must be shared with business leaders, decisions must be made based on that analysis, there must be a process in place to execute the decisions, and the results must be measured. But most fundamentally, a company must be data driven.

Supply Chain Design Software 128

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Supply Chain Software 128

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. You will probably find, from your initial analysis, that your cost-to-serve follows the 80/20 rule. Equipment use.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

Logistics Viewpoints

JULY 22, 2024

GROW is not as functionally rich as RISE and is mainly purchased by small and medium-sized businesses. After doing a fit-gap analysis, they developed a global template for the rollout that allowed for small nation-specific adjustments. Hardee said SAP had great tools to support a quick implementation.

SAP 121

SAP Supply Chain Software Procurement Solutions Logistics Network Optimization Software 121

MTS Logistics

SEPTEMBER 12, 2024

The capacity to influence the purchasing experience, engage customers throughout the entire delivery lifecycle, and offer valuable real-time delivery information sets market leaders apart from their competitors. By offering delivery choices and value-added services during the purchase, companies can boost revenue and lower delivery expenses.

Examples 105

Examples Logistics Network Optimization Software Resource Reduction Buyer Training 105

3PL Links

JANUARY 8, 2025

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. Or when it is time to purchase new vehicles? But how do you know when to stop for a preventive stop?

Optimal Sourcing 62

Optimal Sourcing Cost Reduction Resource Reduction Expense Reduction 62

SYSPRO Smarter ERP

OCTOBER 9, 2023

Therefore, companies should have a system to collect and consolidate the data for reporting and analysis. This requires access to what and how buyers make purchasing decisions, and the current cost of inventory in the warehouse. This can be used in costing analysis and equipment profitability.

Manufacturing Procurement 111

Manufacturing Procurement Purchasing Skills Cost Reduction Optimal Sourcing 111

SYSPRO Smarter ERP

APRIL 6, 2023

The software can automatically capture invoice data and match it against existing purchase orders and receiving reports , ensuring that all information is accurate. Your employees may spend hours manually entering data into your accounting system and matching invoices to purchase orders.

Manufacturing Procurement 98

Manufacturing Procurement Automation Vendor Strategies Procurement Solutions 98

Ship Monk

JULY 18, 2024

It should have robust tools for data analysis, reporting, tracking, forecasting and managing inventory. Trend #2 While 80% of shoppers were satisfied with a social media purchase, only 30% felt that what they purchased was “high quality.” This indicates that their level of trust in online brands is not where it should be.

Inventory Reduction 111

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 111

SYSPRO Smarter ERP

MARCH 16, 2022

They have several capabilities of an ERP system; optimizing cost control, streamlining business processes, improving productivity, and providing real-time data analysis for reporting and decision making. Enterprise Resource Planning (ERP) systems are designed to simplify business operations and remove complexities.

Supply Chain Design Software 116

Supply Chain Design Software Supply Chain Planning Software Optimization Software ERP 116

MTS Logistics

NOVEMBER 14, 2022

The new route was made possible by Maersk aircraft purchases earlier this year. The flights showcased the first of three new Boeing B767-300F freighters that were recently purchased by Maersk Air Cargo, the flights are operated by Miami-based cargo airline Amerijet International. We had previously reported on that purchase months ago.

Logistics Network Optimization Software 97

Logistics Network Optimization Software Freight Procurement Analytics Procurement Solutions 97

Logistics Viewpoints

OCTOBER 26, 2022

ARC defines the warehouse automation market according to a number of qualifications and dimensions to deliver a well-defined measure, with numerous segmentations, allowing those that purchase the research to understand what is being measured, and to easily extrapolate the findings to support their strategic planning needs.

Supply Chain Software 133

Supply Chain Software Automation Supply Chain Design Software Supply Chain Planning Software 133

AIMMS

NOVEMBER 2, 2020

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. As we have commonly seen in other companies, they might also be using different planning software, or a legacy solution like spreadsheets.

Supply Chain Planning Software 127

Supply Chain Planning Software Purchasing Skills Cost Reduction Optimal Sourcing 127

SYSPRO Smarter ERP

JULY 3, 2023

ML systems can identify patterns from the large amounts of structured and unstructured business and industry data that companies increasingly collect, and provide analysis and insights to users to help their decision-making. Product development When designing a new product or improving an existing one, extensive data analysis is required.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Data Optimization Software 98