GlobalTranz

FEBRUARY 25, 2021

Instead of being relegated to the margins, executives must rethink their strategy and consider how a data-driven reverse supply chain can add more value and improve profit margins. The Benefits of a Data-Driven Retail Reverse Logistics Strategy. Faster time to resolution for returned items. Contact Our Reverse Logistics Team Today.

Expense Reduction 101

Expense Reduction Inventory Reduction Reverse logistics Strategy 101

Logistics Viewpoints

AUGUST 18, 2021

Look no further that the blog of the Whitehouse Council of Economic Advisors for commentary on the connection between supply chains and inflation. Data as recent as the end of June 2021 show that inventories remain below 1.3 I question if this is a data anomaly. Let’s look at some publicly available information on the topic/s.

Supply Chains 197

Supply Chains Manufacturing Procurement Purchasing Skills Price Reduction 197

FreightWaves SONAR

MARCH 3, 2021

We thought that pre-selecting the shipping method up stream at the moment of purchase would create efficiencies downstream: If we had a “known constant” then programmatic decision making downstream would be easier and faster. The importance of data. But we jumped to automation a bit too soon on one project.

Supply Chain Software 90

Supply Chain Software Supply Chains Data Optimization Software 90

Logistics Viewpoints

AUGUST 18, 2022

While this is a true statement, it is the contention of this blog that there are other factors that can result in destine budgets to inaccuracy. First, anyone that’s done a FTL budget knows how difficult it is to gain access to a shipper’s forecasted purchasing and/or sales data that’s needed to generate volume estimates.

Purchasing Skills 142

Purchasing Skills Scenario Planning Exercises Purchasing 142

Parade

JANUARY 20, 2022

That’s not to say that it doesn’t take time to get to the point where you can use a purchased software in operations; it takes time to implement, integrate, test, and train staff to work with new programs. With software, that overrun can be costly, , according to McKinsey. In-house builds have no such luxury.

Procurement Solutions 78

Procurement Solutions Supply Chain Software Purchasing Skills Purchasing 78

FreightWaves SONAR

FEBRUARY 29, 2024

Housing starts are calling for lumber kits, industrial purchasers are ordering products for their projects, and construction companies are planning their moves and strategies for the year. Shippers often manage transportation for these projects with historical data, bids from trusted carriers and a lot of guesswork.

Purchasing Skills 59

Purchasing Skills Data Trends Sourcing Strategies 59

SYSPRO Smarter ERP

JUNE 29, 2022

In the first blog on streamlining manufacturing , we discussed how OEE (Overall Equipment Efficiency) and MOM (Manufacturing Operations Management) can improve manufacturing processes. Therefore collecting and using data about the operations of these machines has seemed difficult, requiring expensive upgrades.

Manufacturing Procurement 111

Manufacturing Procurement Optimal Sourcing Optimization Software Purchasing Skills 111

SYSPRO Smarter ERP

MARCH 15, 2023

Manufactures are continuously faced with the challenge of forecasting how much (raw material) to purchase and how much (finished goods) to produce. To manage this delicate balance of demand and supply, manufacturers often use statistical forecasting techniques to predict future demand by looking at historical sales data.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Analytics Supply Chain Planning Software Procurement Solutions 105

Logistics Viewpoints

APRIL 6, 2023

The shift from traditional purchasing to a collaborative supply chain network is not just a change in nomenclature; it represents a fundamental transformation in the way organizations manage their supply chains. The costs associated with purchasing these items hit the “operational expenses” components of the company’s financial statements.

Optimal Sourcing 131

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Procurement Analytics 131

SYSPRO Smarter ERP

APRIL 6, 2023

In this blog post, we’ll explore some of the common issues that manufacturers face in their AP process and how automation software integrated with an ERP can help address them. Modern technology solutions such as AP automation software can automate the data entry process, which significantly reduces the potential for errors.

Manufacturing Procurement 98

Manufacturing Procurement Automation Vendor Strategies Procurement Solutions 98

Blue Grace Logistics

NOVEMBER 1, 2024

As more consumers and businesses move to online platforms for purchases, the shipping industry must adapt to new demands. Smarter Decision-Making with Data LTL carriers are using data analytics to make more informed decisions.

Price Reduction 106

Price Reduction Vendor Strategies Supply Chain Planning Software Cost Reduction 106

Logistics Viewpoints

SEPTEMBER 20, 2022

In this blog, I’ll try to shed more light on it with examples from our work with our customers. In this blog, I’ll focus on the Q-commerce case. In the first phase of the digital transformation journey, the focus is on getting the planning process and all the related data on a digital and integrated platform away from the spreadsheet.

Supply Chain Planning Software 132

Supply Chain Planning Software Supply Chain Software Scenario Planning Optimization Software 132

SYSPRO Smarter ERP

MAY 30, 2022

Using ERP to improve purchasing transparency. Purchases that are made outside the defined procurement process fall under dark purchasing. This may happen if someone with purchasing authority neglects to submit expenses properly. Data-driven decision making with ERP as a single source of the truth.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 105

SYSPRO Smarter ERP

NOVEMBER 18, 2024

An ERP system is a valuable asset for automotive distributors looking to leverage the data they create and use. An ERP provides a central repository for all a distributor’s data. The data can be used to identify inefficiencies in the supply chain, improve inventory management, and streamline operations.

ERP 98

ERP Optimal Sourcing Purchasing Skills Inventory Reduction 98

Ship Monk

MARCH 21, 2024

Customers are mostly anonymous, and purchases are made or abandoned, seemingly on a whim. Customer relationship management systems collect and centralize all the important data about a business’ customers (and potential customers). With most ecommerce businesses, however, the sales pipeline isn’t nearly as long or as hands-on.

Optimization Software 105

Optimization Software eCommerce Logistics Network Optimization Software Procurement Solutions 105

3PL Links

MAY 3, 2023

Improving Supply Chain Visibility: The Impact of Data Strategy | Image source: Pixabay A business-contextualized data approach is crucial for boosting supply chain visibility, especially during downturns. This requires knowing precisely what details should be collected and trusting the sources of this data.

Sourcing Strategies 62

Sourcing Strategies Inventory Reduction Material Savings Cost Reduction 62

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. It is also important to consider qualitative data.

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. It is also important to consider qualitative data.

Procurement Solutions 52

Procurement Solutions Purchasing Skills Purchasing Supply Chain Planning Software 52

SYSPRO Smarter ERP

AUGUST 7, 2023

In one of my previous blogs, “The Importance of Building a Business Case for ERP,” we looked at the significance of strategic planning and creating a solid business case before embarking on an Enterprise Resource Planning (ERP) implementation journey. With an ERP, all departments are looking at the same data.

ERP 98

ERP Manufacturing Procurement Optimal Sourcing Procurement Analytics 98

AIMMS

NOVEMBER 12, 2019

So should the purchasing process. . RFIs tend to work well for certain industries (like government) or for purchasing equipment and industrial assets, bu t t hey often fall short in helping supply chain teams select a new software vendor. In this blog post, I’ll explore why and offer a helpful alternative. .

Supply Chain Planning Software 101

Supply Chain Planning Software Procurement Solutions Modeling Software Supply Chain Software 101

Ship Monk

APRIL 16, 2024

Credit Card/Identity Fraud Scammers obtain payment information from unsuspecting users using phishing, pharming and whaling schemes, then use the stolen credentials to purchase items from ecommerce stores. The scammer then has access to the stored payment cards for that account and can use them to make fraudulent purchases.

eCommerce 105

eCommerce Modeling Software How To Procurement Solutions 105

SYSPRO Smarter ERP

AUGUST 17, 2022

Manufacturers and distributors can optimize their inventory management using some of the latest emerging technologies, including machine learning, data analytics, artificial intelligence, and cloud computing. In the new normal, a data-driven approach to inventory management provides the basis for better and faster decisions.

Optimal Sourcing 105

Optimal Sourcing Optimization Software ERP Inventory Reduction 105

SYSPRO Smarter ERP

MAY 30, 2022

Using ERP to improve purchasing transparency. Purchases that are made outside the defined procurement process fall under dark purchasing. This may happen if someone with purchasing authority neglects to submit expenses properly. Data-driven decision making with ERP as a single source of the truth.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 98

Logistics Viewpoints

DECEMBER 1, 2023

The top gifts were clothes and accessories, which about half of those surveyed purchased, and toys, which nearly a third of people surveyed bought. homes in 2022 than UPS, after eclipsing FedEx in 2020, and it is on track to widen the gap this year, according to internal Amazon data and people familiar with the matter.

Supply Chain Planning Software 157

Supply Chain Planning Software Logistics Network Optimization Software Cost Reduction Food and Agriculture 157

SYSPRO Smarter ERP

MARCH 9, 2022

ERP tools share a common process and data model, covering broad and deep operational end-to-end processes, such as those found in finance, HR, distribution, manufacturing, service and the supply chain. Having all information located in one source gives decision-makers access to actionable data on multiple activities.

Supply Chain Planning Software 119

Supply Chain Planning Software Supply Chain Software ERP Manufacturing Procurement 119

SYSPRO Smarter ERP

SEPTEMBER 29, 2022

Everything, from the first interaction with the organisation, to the purchase and after-sales support, must be designed with the customer in mind and implemented in such a way that customer only remembers a seamlessly smooth experience. Customer centricity remains key to manufacturing for blog. So, how do you become customer-centric?

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Design Software Modeling Software Supply Chain Software 105

SYSPRO Smarter ERP

OCTOBER 6, 2021

Manufacturers thriving on data. As I explained in a previous blog , this is a business model where manufacturers have ongoing responsibility for the equipment after it is sold. Customers pay for the use of equipment through recurring operating charges rather than purchasing outright. Leveraging the data ocean.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Modeling Software 111

SYSPRO Smarter ERP

NOVEMBER 30, 2021

An enterprise resource planning (ERP) system can automate and provide a systematic approach to creating a forecast from historical data. It provides the facility to analyze forecasting errors, share data between departments such as procurement, identify sales trends and seasonality. Stay Agile, Get Ahead. Stay Agile, Get Ahead.

Supply Chain Planning Software 105

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

SYSPRO Smarter ERP

JULY 4, 2022

When exploring what key technological investments, the industry made in response to those disruptions, only 12 percent looked at data analytics to interpret data and identify any real-time shifts across the supply chain. It is easier to access and share data and insights using a cloud ERP system.

Optimization Software 111

Optimization Software ERP Supply Chain Software Manufacturing Procurement 111

SYSPRO Smarter ERP

MARCH 16, 2022

As you become more connected, more data is generated than ever before, creating the need to drive insights and make more informed decisions. 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.

Supply Chain Design Software 116

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

SYSPRO Smarter ERP

AUGUST 2, 2023

To contend with these pressures, medical device manufacturers crave actionable, real-time, accurate, and reliable data throughout the entire supply chain. Acquiring and consolidating data can be a formidable task, however, especially when data is scattered across different systems and formats.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 98

EazyStock

AUGUST 28, 2023

In the rapidly evolving business landscape, staying ahead of the competition requires more than just good instincts – it demands data-driven decision making. When it comes to inventory management, relying on gut feelings and historical data may lead to inefficiencies, missed opportunities and incorrect inventory levels.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

Carter Logistics

JUNE 5, 2019

Blog Topics. Track and trace solutions can also store and manage information such as purchase order numbers, container numbers, bill of lading numbers, customer information, item counts, weight, status, delivery date, and freight changes. The Shared Milkrun Mexico & Border Logistics. Track and Trace Solutions for Your Supply Chain.

Tracking and Tracing 106

Tracking and Tracing Supply Chain Software Procurement Solutions Supply Chains 106

SYSPRO Smarter ERP

OCTOBER 9, 2023

Modern machinery is commonly fitted with real-time sensors but these are not very useful if there is no way to view and action the data from the sensors. Therefore, companies should have a system to collect and consolidate the data for reporting and analysis. 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

NOVEMBER 1, 2021

We live in a time where we can purchase almost anything with a click of a button. Leveraging on predictive analytics and data for decision making. With the increasing use of the Internet of Things (IoT), the manufacturing industry is facing difficulties in aggregating and analyzing data. Transitioning to B2B e-Commerce.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Inventory Reduction 111

FreightWaves SONAR

JUNE 5, 2023

Lack of data, lack of conviction and lack of organizational agility all conspire to keep companies from recognizing medium-term opportunities and challenges and responding decisively. It’s hard to find good data that provides a view into the next few months of consumer behavior and economic activity.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Data Freight 52

FreightWaves SONAR

FEBRUARY 11, 2021

Instead of wasting resources to guess at which lanes and shippers meet minimum load requirements, capturing real-time freight data helps carriers identify their top performers, review eligibility for shipper-of-choice status and ensure everything runs more smoothly. Financial insight feeds into equipment purchasing decisions.

Procurement Analytics 98

Procurement Analytics Trucking Optimization Software Operations 98