GlobalTranz

JUNE 11, 2015

We conclude our series on supplier quality management (SQM) today with a look at some case studies and examples of benefits derived from the application of a supplier quality management system. Examples and Case Studies from the Implementation of a Supplier Quality Management System. Reduced supplier nonconformance from 176 to 30.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Design Software Examples Case Study 94

Logistics Bureau

APRIL 3, 2023

Across our many blog posts, videos, webinars, eBooks, and other shared content, you’ll find a wealth of information about various aspects of outsourcing in the supply chain. However, I can’t recall writing a general guide about exploiting outsourcing opportunities to improve your supply chain.

Outsourcing 98

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 98

Logistics Bureau

AUGUST 2, 2021

On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance. The price you pay your vendors for their products is a significant factor in your company’s ability to compete in its market. Competitiveness of Pricing.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

Ship Monk

MAY 5, 2022

There are a few different ways to go about the big move, so it’s a matter of choosing the strategy that keeps your sales and fulfillment operations flowing smoothly throughout the transition. Most companies employ one of the following three strategies: Strategy 1: “Hard Switching” from Your Previous 3PL. Taking the Plunge.

Inventory Reduction 52

Inventory Reduction Vendor Strategies Cost Reduction 3PL 52

Parade

FEBRUARY 10, 2022

We recently published , a blog post about how Parade is different from other capacity management vendors, but then we realized there were even more unique features that Parade offers their customers. Parade’s approach to capacity management is different from the rest in several ways. You read that right.

Vendor Strategies 78

Vendor Strategies Capacity Price Reduction Networks 78

SYSPRO Smarter ERP

JULY 26, 2022

Each vendor offering similar value propositions, functionality and benefits and technical jargon is the name of the game. If you are about to embark on the journey towards finding a new ERP vendor, here are some considerations and guidelines centered on those three factors. . and the benefits of next generation technologies.

Modeling Software 105

Modeling Software Optimization Software Vendor Strategies ERP 105

Logistics Bureau

MAY 31, 2021

Let’s begin with a look at why, in general, retailers with multiple sales channels are more likely to experience difficulties in reducing cost-to-serve. For example: Compared to selling a product in-store, the cost to deliver that same item as a small parcel can be several times higher. Supplier and vendor pricing.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

Logistics Bureau

MAY 22, 2016

The ability to reduce inventory levels is only one of a number of reasons to target cycle times as a way to reduce your working capital needs. The key cycles to target for working capital reduction include: The customer order cycle time. Areas in Which to Target Cycle Time Reductions. Cycles Within Cycles.

Material Savings 53

Material Savings Vendor Strategies Inventory Reduction Cost Reduction 53

Freightos

NOVEMBER 7, 2023

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. Authorities will reduce daily neopanamax transits to five by February, suggesting that even at their most extreme, restrictions could still accommodate container traffic reasonably well.

Negotiating Skills 133

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 133

SYSPRO Smarter ERP

OCTOBER 20, 2021

It may seem like a fundamental change, but digitization has enabled the elimination of paper archives as well as countless sheets, folders and files. In the factory environment, one example is the digitization of records for a more efficient method of record keeping, thereby improving the batch traceability process.

Digital 133

Digital Factories Supply Chain Planning Software Supply Chain Software 133

GoShip Blog

JANUARY 21, 2020

Specifically, more retailers are now developing and deploying vendor compliance programs for their suppliers to manage the business on pre-determined conditions. While this makes retail companies more secure, it poses an additional challenge for shippers and vendors to meet the terms of the partnership. What is a vendor chargeback?

Vendor Strategies 52

Vendor Strategies Compliance Negotiating Skills Cost Reduction 52

SYSPRO Smarter ERP

APRIL 22, 2024

An ERP system will allow your business to integrate and manage many key business processes in real-time, increasing productivity and reducing redundancies. Costly mistakes are eliminated by reducing the need for multiple steps in data entry, saving you time and money. appeared first on SYSPRO Blog.

Manufacturing Procurement 105

Manufacturing Procurement ERP Procurement Solutions Supply Chain Planning Software 105

Locus

JUNE 23, 2023

So, knowing more about order fulfillment, its importance, process, and strategies is critical. With an efficient order fulfillment process, businesses can reduce their shipping costs and improve their turnaround times which helps them increase their sales and revenue. Let’s fill in! What is Order fulfillment?

Inventory Reduction 52

Inventory Reduction Cost Reduction Resource Reduction Vendor Strategies 52

GoShip Blog

DECEMBER 3, 2023

Specifically, more retailers are now developing and deploying vendor compliance programs for their suppliers to manage the business on pre-determined conditions. While this makes retail companies more secure, it poses an additional challenge for shippers and vendors to meet the terms of the partnership. What is vendor compliance?

Vendor Strategies 52

Vendor Strategies Compliance Cost Reduction Inventory Reduction 52

GlobalTranz

NOVEMBER 17, 2016

The most common complaint of newer companies using big data analytics capabilities tends to revolve around traditional questions of business strategy. Consider the following elements explains John Richardson of Inbound Logistics, that impact business strategy. Increasing order efficiency. Demand forecasts. The quantity of each product.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Software Procurement Solutions Supply Chain Design 115

Freightos

JANUARY 15, 2024

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. For example, the Freightos Baltic Index indicates a 69% increase to North America’s East Coast and a staggering 226% to Northern Europe since the crisis began.

Negotiating Skills 127

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 127

SYSPRO Smarter ERP

FEBRUARY 21, 2022

In past blogs, we have discussed different types of manufacturing – discrete and process. Discrete manufacturing makes distinct ‘things’, process manufacturing makes ‘stuff’ (for example, fertilizer). Specific industries have specific manufacturing strategies for good reason.

Manufacturing Procurement 116

Manufacturing Procurement ERP Material Savings Inventory Reduction 116

Logistics Bureau

NOVEMBER 6, 2023

Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency. There are several possible ways to eliminate this form of energy wastage.

Cost Reduction 98

Cost Reduction Purchasing Skills Waste Reduction Material Savings 98

SYSPRO Smarter ERP

NOVEMBER 22, 2021

When embarking on your ERP journey it’s vital to select a vendor that can cater to your industry-specific challenges and that will partner with you as a trusted advisor at every step of the way. For example, reports and analytics in your ERP system can help you identify areas where improvements can be made.

ERP 111

ERP Supply Chain Planning Software Supply Chain Design Software Vendor Strategies 111

GlobalTranz

MAY 17, 2017

In a blog post earlier this year, we noted how since the election, more manufactures have expressed interest in reshoring and avoiding offshoring entirely. In other words, politics can lead to tax benefits and incentives for companies that abandon waste-producing practices or work to reduce their carbon footprints. Reduce costs.

Waste Reduction 73

Waste Reduction Cost Reduction Vendor Strategies Resource Reduction 73

GlobalTranz

JULY 28, 2021

An optimized supply chain is one that is as efficient as possible; it is more likely to reduce costs, increase customer satisfaction rates, and add value for stakeholders. Using an offshore vendor to manufacture a component for a larger automotive assembly is a typical example. Defining Transportation Optimization.

Optimal Sourcing 126

Optimal Sourcing Optimization Software Optimization Supply Chain Design Software 126

Logistics Bureau

JANUARY 20, 2025

As youll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, weve discovered that many companies lack a defined and documented supply chain strategy. A company without a supply chain strategy is at a competitive disadvantage.

Inventory Reduction 40

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 40

SYSPRO Smarter ERP

AUGUST 3, 2022

As a result, the entire organization gains agility, increases efficiency, and cuts costs. For example, the incorporation of IoT into just about every machine, component part, and finished good inventory item enable several powerful capabilities within a modern ERP solution. Finally, there are also technical considerations.

Optimization Software 105

Optimization Software Supply Chain Software ERP Procurement Solutions 105

GlobalTranz

NOVEMBER 12, 2015

Overused and misunderstood in blog posts and informative articles, “big data” describes the use of data to improve your operation, which includes shipping, warehousing, and supply chain processes. For example, drivers are expected to arrive on time, maintain docking schedules, and avoid dead time. Order Processing Capabilities.

Data 91

Data Vendor Strategies Logistics Network Optimization Software Expense Reduction 91

GlobalTranz

JUNE 3, 2021

Let’s take a closer look at the issue of supply chain cybersecurity, why the Colonial Pipeline attack is translating into a renewed focus for cybersecurity, and a few things to know for when assessing the cybersecurity of your network partners and software vendors. Clearly, the GlobalTranz strategy is working.

Supply Chain Planning Software 103

Supply Chain Planning Software Supply Chain Software Supply Chains Vendor Strategies 103

AIMMS

SEPTEMBER 17, 2019

The dilemma here often is: do I take the path of least resistance and upgrade to my current vendor’s costly new package, or do I risk running my business on a legacy solution a bit longer? Sometimes it seems like you don’t have a real alternative, other than what your current vendor is offering. – Tweet this.

Supply Chain Design Software 102

Supply Chain Design Software Modeling Software Supply Chain Software Supply Chain Design 102

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? In other words, it will be different for every enterprise or organisation.

Inventory Reduction 75

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 75

Freightos

JUNE 17, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Third-party platforms reduce these upfront costs by providing access to state-of-the-art AI tools and technologies on a “pay per drink” subscription basis.

Modeling Software 119

Modeling Software Optimization Software Logistics Network Optimization Software Cost Reduction 119

WorkWave

JUNE 27, 2024

This blog will delve into the current state of driver availability, its causes, consequences, strategies for mitigating the challenge, and future outlooks and long-term solutions. For example, a major retail chain reported significant logistical challenges due to driver shortages during the peak holiday season.

Optimal Sourcing 92

Optimal Sourcing Supply Chain Planning Software Optimization Software Availability 92

Ship Monk

MARCH 30, 2023

You may have already looked into investing in solar panels for reduced carbon emissions or keep a metal straw in your purse for when you get sodas to-go. 5 Strategies for Sustainable Supply Chain Management We know the why , but what about the how ? For example, what is your packaging situation?

Supply Chain Software 98

Supply Chain Software Supply Chains Sourcing Strategies Material Savings 98

Freightos

DECEMBER 6, 2023

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. US officials are in talks with other countries about setting up a maritime task force to secure this crucial waterway and reduce the growing threat to traffic there.

Negotiating Skills 118

Negotiating Skills Price Reduction Optimal Sourcing Vendor Strategies 118

AIMMS

SEPTEMBER 19, 2018

In this blog post, I’ll summarize some key learnings I drew from the event and share some insights on Demand Driven supply chains and the industry’s technology landscape. . Integrating Yammer to track the collaboration process during S&OP is a good example. . Expectations from technology vendors .

Supply Chain Planning Software 83

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 83

AIMMS

JULY 15, 2019

While I’d be first to concede that there are some incredible S&OP tools out there (I particularly admire Kinaxis and OM Partners), it’s incredible that we can play on the same pitch with these large COTS vendors so quickly. The post Sales & Operations Planning Is Changing At An Accelerated Pace appeared first on AIMMS SC Blog.

Supply Chain Planning Software 107

Supply Chain Planning Software Scenario Planning Modeling Software Gartner 107

SYSPRO Smarter ERP

FEBRUARY 9, 2022

The medical device industry is under increased pressure to hold or reduce prices. This pressure is coming both from healthcare providers and consumers who may also now have a choice between a medical device and a consumer device that performs a similar function – hearing aids vs earphones is an example. – reduce costs.

ERP 105

ERP Modeling Software Supply Chain Design Software Supply Chain Software 105

GlobalTranz

FEBRUARY 24, 2015

Transportation spending is a perennial target of budget-cutting exercises, and a large, multi-faceted cost center for many companies; some may spend three to six percent of their materials costs on transportation. The bundling of production and transportation costs into vendor contracts is one reason behind this difficulty.

Data 94

Data Transportation Cost Reduction Material Savings 94

SYSPRO Smarter ERP

JUNE 9, 2022

Which vendors are late delivering components to us? Here’s an example. BI integrated within your ERP system then analyzes that data helping your organization dive deeply into performance metrics and uncover trends that can be used to improve overall business strategies. How much does it cost us to manufacture this product?

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Software 98

GlobalTranz

APRIL 5, 2017

With the added pressure to lower costs to end-users, your customers, it’s no surprise that the need for increased scrutiny and cost reductions among inbound logistics partners, your vendors, has gone rogue. Vendors need access to stringent, high-quality instructions for how to bring shipments to you.

Inbound 49

Inbound Vendor Strategies Cost Reduction Inventory Reduction 49