FreightWaves SONAR

FEBRUARY 4, 2021

Wasting resources and assets cost managers a pretty penny. Fortunately, smart data utilization can help reduce deadheading occurrences and make the entire supply chain more profitable. Waste matters in the shipping industry because every instance leads to higher freight costs. And it’s essential to understand why. .

Waste Reduction 98

Waste Reduction Data Expense Reduction Cost Reduction 98

Blue Grace Logistics

MARCH 26, 2024

What you will learn in this blog: Leveraging Data Analytics For Invaluable Insights Implementing Lean Principles for Waste Reduction Effective Management Of Supply Chain Costs As companies navigate market fluctuations and challenges, effectively managing supply chain expenses becomes pivotal for success.

Negotiating Skills 117

Negotiating Skills Cost Reduction Waste Reduction Inventory Reduction 117

3PL Links

NOVEMBER 12, 2024

Solution: Use data-driven forecasting to predict demand as accurately as possible. By leveraging predictive analytics and a just-in-time (JIT) inventory model, you can maintain optimal stock levels, which reduces storage costs and cuts down on waste from unsold items. Ready to optimize your supply chain?

Cost Reduction 62

Cost Reduction Material Savings Supply Chain Software Supply Chain Planning Software 62

GlobalTranz

JUNE 29, 2017

Editor's Note: Today's blog comes from Katie Cruze at considerdigital.com who give us the top 5 reasons why data quality is important. Data, for most companies, is often collected for record-keeping purposes. For many companies, managing the quality data can seem like an overwhelming task.

Data 77

Data Waste Reduction Sourcing Strategies Expense Reduction 77

3PL Links

DECEMBER 3, 2024

This is the concept behind Lean Logistics, an approach focused on eliminating waste and increasing efficiency : What is Lean Logistics? Optimization: An important goal is continuous improvement and being attentive to correcting errors. Standardization: Investing in efficient practices to eliminate waste, rework, and delays.

Waste Reduction 62

Waste Reduction Inventory Reduction Optimal Sourcing Resource Reduction 62

SYSPRO Smarter ERP

JULY 19, 2022

Businesses are continuously trying to find ways to maximize productivity and reduce waste to remain competitive in the global marketplace. Lean manufacturing is a production process that is based on maximizing productivity while simultaneously minimizing waste within the manufacturing operation. What is lean manufacturing?

Manufacturing Procurement 105

Manufacturing Procurement ERP Waste Reduction Material Savings 105

SYSPRO Smarter ERP

JANUARY 13, 2025

Turning food and beverage challenges into opportunity For food and beverage manufacturers, success comes down to getting the right food products to the right place at the right time, all while reducing waste and despite wafer-thin margins.

Optimization Software 52

Optimization Software Manufacturing Procurement Supply Chain Planning Software Modeling Software 52

FreightWaves SONAR

MARCH 3, 2021

Small but meaningful at scale: Sometimes orders are canceled, and if you pick a method and print the label up stream, you are wasting money on canceled orders. The importance of data. But a key insight for us in the ecommerce supply chain domain was the importance of data.

Supply Chain Software 90

Supply Chain Software Supply Chains Data Optimization Software 90

Logistics Bureau

JANUARY 3, 2025

If youve followed our blog over the years, youll know that weve shared lots of information about distribution network design, why its vital to get it right, how long it should take, the importance of reviewing the network every so often, and various elements of design such as determining the number of warehouses and where to locate them.

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Design Distribution Networks 75

FreightWaves SONAR

MARCH 22, 2021

Big data and predictive freight rates in the digital supply chain are nothing new. Nearly all shippers, brokers and carriers collect and use data to derive insights, including predictive rates. Unfortunately, the most robust applications of that data will quickly diminish in value as data ages. Download the White Paper.

Data 98

Data Negotiating Skills Freight Resource Reduction 98

Logistics Viewpoints

APRIL 4, 2024

In this blog, I will discuss the use of AI/ML demand planning for fresh products to help maximize sales and reduce waste. Looking back on that week of straight rain in August, not only were my tips affected, but the data for future forecasts was as well!

Scenario Planning 124

Scenario Planning Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 124

Logistics Viewpoints

MARCH 6, 2025

Strategic moves like bulk buying, closer supplier partnerships, and syncing procurement with supply chain planning can tighten inventory, cut waste, and free up cash. A Fortune 500 retailer, for instance, reduced its procurement cycle time by 30% by leveraging an AI-driven tool to analyze supplier data efficiently.

Price Reduction 83

Price Reduction Material Savings Cost Reduction Waste Reduction 83

Log-hub

FEBRUARY 12, 2025

In our previous blog, we explored how matrices enhance supply chain efficiency, from inventory management to logistics. By leveraging these technologies, businesses can optimize operations, reduce costs, and make smarter, data-driven decisions. Now, were taking it a step further. In case you missed it! Read More In case you missed it!

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimal Sourcing 52

SYSPRO Smarter ERP

JANUARY 23, 2023

Reporting requires businesses to collect and track data on their ESG performance and report this information in a transparent and consistent manner. This involves implementing processes and systems for collecting and reporting on data, and some businesses may need to ensure that the information is verified by a third party.

ERP 111

ERP Waste Reduction Optimal Sourcing Supply Chain Planning Software 111

SYSPRO Smarter ERP

MARCH 13, 2025

Real-time data With technologies such as the Internet of Things (IoT) , data creation is happening at an exponential rate, meaning that manufacturing in the 21st Century isnt so much based on gut-driven decisions anymore but rather on data. It eliminates duplicate work and ensures everyone works from the same accurate data.

Manufacturing Procurement 52

Manufacturing Procurement ERP Optimal Sourcing Supply Chain Planning Software 52

Shipchain

MARCH 13, 2019

Logistics Applications of Blockchain Maintain Data for All Parties. Logistics applications of blockchain all derive from maintaining an incorruptible data resource. Increased visibility of freight scheduling through blockchain is one of the ways blockchain may impact and benefit logistics, especially as it relates to wasted capacity.

Supply Chain Planning Software 119

Supply Chain Planning Software Waste Reduction Logistics Network Optimization Software Freight 119

Parade

JANUARY 7, 2022

How Parade is Helping Brokerages Never Waste a Quote Again Rolled out just last week, Parade has a new feature that allows customers to capitalize on past quotes that they didn’t use for whatever reason to find new capacity and open the door to building relationships with new carriers. They’re tossed aside and never thought about again.

Waste Reduction 78

Waste Reduction Waste Capacity Sourcing Strategies 78

Parade

JANUARY 7, 2022

How Parade is Helping Brokerages Never Waste a Quote Again Rolled out just last week, Parade has a new feature that allows customers to capitalize on past quotes that they didn’t use for whatever reason to find new capacity and open the door to building relationships with new carriers. They’re tossed aside and never thought about again.

Waste Reduction 78

Waste Reduction Waste Capacity Sourcing Strategies 78

Carter Logistics

SEPTEMBER 5, 2018

Blog Topics. Companies are wasting money hand-over-fist on outdated supply chain methods that suffer from inefficiency and poor tracking. Never Stop Analyzing Your Logistics Data. In the world today, data is king, and you can bet that your competitors are trying to use it to their fullest advantage.

Supply Chains 111

Supply Chains How To Logistics Waste 111

SYSPRO Smarter ERP

FEBRUARY 28, 2022

Doing this many times per day wasted a lot of time. This makes data unreliable up and down the entire organization, from your estimators to your payroll staff. Outdated data , or data discrepancies between different departments. To answer their simple question, was not so simple. Does this sound familiar?

ERP 105

ERP Production Waste Reduction Cost Reduction 105

Blue Grace Logistics

MAY 6, 2022

Data and optimization can improve efficiencies in supply chains, save shippers money and reduce greenhouse gas emissions, according to logistics experts who shared insights last Friday in honor of National Supply Chain Day. “In I don’t think most shippers understand that because the access to that data isn’t totally available to them.”.

Supply Chain Design Software 62

Supply Chain Design Software Optimization Software Supply Chain Software Waste Reduction 62

FreightWaves SONAR

NOVEMBER 9, 2020

The sum of that freight tech volume is somewhat ironic – data overload and an inability to manage due to the inefficient use of several systems. Freight tech APIs collect data in near real-time. Connected systems can collect data in near real-time, limited only by the speed of an internet connection. Why is that advantageous?

Optimization Software 78

Optimization Software Data Freight Optimal Sourcing 78

SYSPRO Smarter ERP

JULY 2, 2024

This blog discusses how manufacturers can start making AI a reality. Machine learning (ML): Using algorithms and data to detect patterns without being explicitly programmed to do so automatically. ML and DL are mainly used in data analysis, classification, clustering, and ranking. ML models learn from data.

Supply Chain Planning Software 105

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

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 includes not only energy efficiency but also how to reduce waste.

Manufacturing Procurement 111

Manufacturing Procurement Purchasing Skills Cost Reduction Optimal Sourcing 111

FreightWaves SONAR

MARCH 4, 2021

Every shipping mode and method can benefit from access to accurate, real-time freight data. For instance, consider these top uses of data and calculators within existing systems: Trucking metrics can benefit from clear data highlighting key areas of profit and loss within the fleet. Promote collaboration within the network.

Supply Chain Planning Software 130

Supply Chain Planning Software Freight Optimization Software Resource Reduction 130

SYSPRO Smarter ERP

MARCH 23, 2022

In a manufacturing business, measuring ESG standards comes down to tracking internal and external Environmental, Social, and Corporate Governance standards: Environmental practices look at the resources a manufacturer uses, the waste it produces, and the resulting consequences of those activities on the planet.

Manufacturing Procurement 105

Manufacturing Procurement ERP Supply Chain Software Waste Reduction 105

Freightos

OCTOBER 11, 2015

CargoSmart nailed it with BigSchedule , a big-data portal that provides a bird’s-eye view on global maritime activity. Email is the normally the best way to go prospecting…but any salesperson can attest to hours wasted searching for emails. Newsle hunts through blogs, news sites and social media. Enter Email Hunter.

Logistics Network Optimization Software 131

Logistics Network Optimization Software Supply Chain Software Supply Chain Design Software Tools 131

SYSPRO Smarter ERP

SEPTEMBER 20, 2021

Finance and production can’t be working off different data sets. Automation is one of the keys to addressing all of these issues, but integration is just as important because management needs data to monitor these systems and continuously improve. It also collects data and tracks performance to provide a 360?

Manufacturing Procurement 110

Manufacturing Procurement Optimal Sourcing Optimization Software Digital 110

GlobalTranz

MAY 1, 2018

Data-driven analytics enables you to make cost-effective transportation decisions. However for most shippers, parcel spend is poorly understood because shipping data is often locked up in point solution silos, such as carrier-provided systems and websites, in a variety of different formats. But no longer.

Procurement Analytics 61

Procurement Analytics Optimal Sourcing Data Sourcing Strategies 61

FreightWaves SONAR

MARCH 15, 2021

The problem looms large for shippers and managers across the supply chain network, but the answer is out there – better utilization of smart data and automated processes. Poor data analytics cause disruptions. The inability to properly review data and make educated predictions can exacerbate unplanned disruptions and errors.

Optimal Sourcing 72

Optimal Sourcing Procurement Negotiating Skills Capacity 72

Locus

JANUARY 22, 2025

Route Optimization Overview AI-powered route optimization analyzes multiple factors, like traffic patterns, weather forecasts, and delivery data, to create the most efficient routes in real time. Demand Forecasting Overview Accurate demand forecasting is key to reducing wasted resources and cutting last-mile delivery costs.

Cost Reduction 52

Cost Reduction Expense Reduction Resource Reduction Inventory Reduction 52

SYSPRO Smarter ERP

JANUARY 16, 2023

The enhanced efficiency ERP offers also ensures you maintain optimal product and material levels at all times, resulting in reduced waste and fewer capital costs. Data-driven decision making. By centralizing all the data present within your business, an ERP system gives executives the ability to make decisions based on reliable data.

Supply Chain Software 105

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Supply Chains 105

SYSPRO Smarter ERP

NOVEMBER 25, 2021

Manual production lines are switching to automated assemblies and valuable data is being used to discover actionable insights into manufacturing operations. In this blog we will envision the factory of the future and how it will change and improve the factory structure and processes. What does the smart factory mean for business?

Factories 105

Factories Supply Chain Design Software Supply Chain Planning Software Optimization Software 105

SYSPRO Smarter ERP

FEBRUARY 2, 2022

Companies struggling to manage their supply chains often lack data for decision making, have siloed systems and inefficient inventory management practices. Effective data management. Furthermore, data handling may necessitate collaboration amongst many departments to maintain performance and quality. Tracking issues.

Manufacturing Procurement 105

Manufacturing Procurement Inventory Reduction Inventory Optimal Sourcing 105

Trinity Logistics

SEPTEMBER 22, 2023

In this blog, we’re going to dive into some of the latest trends in the food and beverage industry. Recently, there’s been an increased demand for temperature-sensitive drugs (think covid vaccines and biologics), rising demand for better food quality, a surging need to reduce food waste, and growing demand for generic drugs.

Trends 96

Trends Waste Reduction Industry Supply Chain Planning Software 96

SYSPRO Smarter ERP

MAY 22, 2023

Re-use waste – recover waste for reuse and recycling into other products. Inventory Management Excess stock is one waste companies can avoid, but if some stock has an expiry date, it is important to make sure the items are used in time.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 98

FreightWaves SONAR

JANUARY 5, 2021

Let’s look at seven ways that freight technology and data achieves that goal. Freight data reduces dwell time and load time. Freight technology advancements, such as carrier-managed scheduling and seeing total market activity for a given area, will reduce waste by ensuring truckers spend less time loading and unloading trucks.

Cost Reduction 105

Cost Reduction Waste Reduction Expense Reduction Price Reduction 105