GlobalTranz

MAY 20, 2015

Editor’s Note: This is the first in a three-part series on Supplier Quality Management processes and how to evaluate your suppliers from Chuck Intrieri of The Lean Supply Chain. We have talked a great deal about the evaulation of suppliers on our blog and this post continues that great tradition. Cost of quality.

Procurement Analytics 99

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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

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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

GlobalTranz

JANUARY 7, 2015

Yesterday we had said we concluded our most popular blog posts by category for the blog posts written from our major categories for 2014. We featured out of our 200 plus blog posts in 2014, over 50 blog posts in the manufacturing category. Top 11 thru 20 Most Popular Manufacturing Blog Posts of 2014.

Manufacturing Procurement 91

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Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Why Choose a Job in the Supply Chain Industry?

Supply Chain Planning Software 98

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

EazyStock

NOVEMBER 19, 2020

But when looking at the bigger picture the ‘best-price’ is not always the most cost-effective way to procure a product. A smart stock replenishment strategist will understand supply and demand nuances around the items being ordered and consider factors such as: Lead times – how quickly is the order needed?

Replenishment 98

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Blue Grace Logistics

JULY 27, 2021

We explore how predictive analytics and big data with human sentiments can add value and amplify their supply chain strategies. What this blog is about: Leveraging predictive analytics for forecasting and visibility. Having random data is meaningless without insightful analytics.

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GlobalTranz

FEBRUARY 25, 2021

This is where the value of data-driven retail reverse logistics analytics and management comes into play. Understanding the dynamics behind how, when, and why customers return items is essential to understanding purchasing behavior and improving the overall experience. Faster time to resolution for returned items.

Expense Reduction 101

Expense Reduction Inventory Reduction Reverse logistics Strategy 101

AIMMS

DECEMBER 1, 2016

In this blog post, I will delve into 5 issues companies typically experience with their S&OP software. Analytics: empowering users with transparent prescriptive analytics (optimization) capabilities to generate scenarios and solutions automatically. In the past 2 years, we’ve seen the appeal of S&OP increase a lot more.

Supply Chain Planning Software 103

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Ship Monk

SEPTEMBER 14, 2022

By value , we mean how much that inventory cost to make or purchase, plus how much it’s costing you to store it. How to Calculate Beginning Inventory. Ending Inventory + COGS – Purchases = Beginning Inventory. Beginning Inventory + Purchases – COGS = Ending Inventory.

Inventory Reduction 98

Inventory Reduction Inventory Purchasing Skills Manufacturing Procurement 98

SYSPRO Smarter ERP

OCTOBER 9, 2023

Therefore, companies should have a system to collect and consolidate the data for reporting and analysis. Understanding material costing requires information about procurement activities and how long materials linger in inventory before they are used to generate revenue.

Manufacturing Procurement 111

Manufacturing Procurement Purchasing Skills Cost Reduction Optimal Sourcing 111

Locus

JUNE 16, 2023

Say you purchase your coveted gadget online, eagerly tracking its journey from warehouse to your welcoming hands. Customer satisfaction and keeping costs in check rests on optimal last-mile delivery operations. Read also: How to Calculate the Cost of Transport 2.

Cost Reduction 98

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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. Equipment is purchased on the assumption that it will last years and can be depreciated over its useful life.

Manufacturing Procurement 111

Manufacturing Procurement Optimal Sourcing Optimization Software Purchasing Skills 111

GlobalTranz

NOVEMBER 17, 2016

Supply chain leaders are enthralled with the idea of using big data, but they tend to fail to understand how to disseminate big data in their organization properly. True, they may know how to roll out big data in a single warehouse, or they may have heard their competitors used branded systems for implementing this new technology.

Supply Chain Design Software 115

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GlobalTranz

MAY 1, 2018

Since this trend isn’t likely to change anytime soon, shippers who can contain the cost of shipping by maximizing efficiency and optimization throughout their shipping network will be on firm ground heading into the future. Data-driven analytics enables you to make cost-effective transportation decisions. NEW WHITEPAPER.

Procurement Analytics 61

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Ship Monk

AUGUST 30, 2023

According to an ongoing study of 3,036 Shopify stores, the average conversion rate (visits that resulted in purchases) in 2022 was 1.3%. Today we’re going to look at how to calculate ecommerce conversion rates, identify some things that may be turning customers away, and what you can do to improve conversion rates. (You

eCommerce 52

eCommerce How To Procurement Analytics Purchasing Skills 52

3PL Links

JANUARY 8, 2025

In the rest of this article, we will delve deeper into the advantages of how a fleet management system works and how to monitor it properly. How does a fleet management system work? Capacity, these metrics are essential for managers to analyze the operation and opportunities for improvement.

Optimal Sourcing 62

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Locus

MAY 20, 2024

This blog delves into essential acronyms and abbreviations, from BOPIS to WISMO, that are pivotal for optimizing supply chains and elevating customer satisfaction. In a way, this model is a win-win as it saves return logistics costs for retail businesses. How to Improve Fleet Utilization?

Inventory Reduction 98

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GlobalTranz

JULY 1, 2016

In each of the blog posts we will include the title, the brief excerpt, and then the link of the top 5 blog posts in that category by the amount of views. . The competition is fierce in each category, as so far this year we have published over 150 blog posts! 5 Most Popular Freight Blog Posts of 2016.So

Blog 51

Blog Freight Cost Reduction Manufacturing Procurement 51

AIMMS

DECEMBER 1, 2016

In this blog post, I will delve into 5 issues companies typically experience with their S&OP software. Analytics: empowering users with transparent prescriptive analytics (optimization) capabilities to generate scenarios and solutions automatically. In the past 2 years, we’ve seen the appeal of S&OP increase a lot more.

Supply Chain Planning Software 62

Supply Chain Planning Software Optimization Software Modeling Software Optimal Sourcing 62

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

A recent report The Fictiv 2021 State of Manufacturing report has shown that many companies are in the process of becoming more digitally proficient and organized. It may be difficult to decide how to spend a limited budget on new digital technology. It ties into the ERP system where quotes and purchase orders are managed.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software ERP Manufacturing Procurement 115

Ship Monk

MARCH 21, 2024

Customers are mostly anonymous, and purchases are made or abandoned, seemingly on a whim. This data usually includes the customer’s contact information, address, purchase history, social media engagement, email click-throughs, and dozens of other data points as they become available.

Optimization Software 105

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Ship Monk

JUNE 30, 2023

There seem to be about a million metrics to watch if you want to run a successful ecommerce business. You can track as many metrics as you want, but not every performance indicator qualifies as a KEY performance indicator (KPI) for your ecommerce business. Metric: A metric is a measurable indicator that changes over time.

eCommerce 52

eCommerce Inventory Reduction Manufacturing Procurement Procurement Analytics 52

Logistics Bureau

OCTOBER 20, 2021

These key metrics become your organisation’s “multi-function display” and give you the primary data needed to monitor and manage “normal flight conditions.” ” Feel free to track lots more metrics in the background if you wish, but try to keep attention focused on the five or six “real KPIs.”

Supply Chain Design Software 98

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

SYSPRO Smarter ERP

SEPTEMBER 27, 2021

In general, manufacturing operations collect data (often manually), but the challenge is that many may not have a clear idea of how to use it to impact the supply chain or cannot easily access it because it is locked in legacy systems. The post How manufacturers can monetize data appeared first on SYSPRO Blog.

Manufacturing Procurement 105

Manufacturing Procurement Data Modeling Software Optimization Software 105

SYSPRO Smarter ERP

AUGUST 28, 2024

In addition, state-of-the-art dashboards and custom reports provide key metrics and trends at the touch of a button. That doesn’t only apply to purchasing, sales and warehouse – adding production processes to the mix helps to enable a consistent mobile strategy.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Optimization Software 52

GlobalTranz

JUNE 30, 2017

In other words, manufacturers need analytics from point-of-sale systems, transportation metrics and more. Essentially, this creates a stronger level of customer service, and it can turn into additional purchases. For example, a customer is a shoe store may purchase shoes, but if offered a new brand of socks, he or she refuses.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics After-sales Price Reduction 82

Locus

FEBRUARY 22, 2023

According to a recent report, retail e-commerce sales are projected to grow from roughly 875 billion U.S. Returns management or reverse logistics refers to the process of handling and managing products that are returned by customers after purchase. dollars in 2022 to over 1.3 trillion U.S. dollars in 2025.

Reverse logistics 52

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GoShip Blog

MAY 20, 2022

How to increase online sales? Analyze sales data and customer feedback to see what products generate active purchases. The details, like demographics, occupation, and favorite platforms for making purchases, will hint at things the audience potentially likes. In addition, try to investigate general information about your buyers.

Material Savings 52

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Locus

NOVEMBER 30, 2023

Large organizations, often bogged down by complex roadmaps, may benefit from purchasing solutions to maintain innovation pace. Read Also: Buying vs. Building Logistics Software: How to Choose? Read Also: How to leverage human productivity to improve SLA adherence? Still need more clarity on build vs buy?

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software How To Procurement Solutions 52

EazyStock

DECEMBER 13, 2021

Help Avoid Stockouts with a Simple Risk of Stockout Report. For example, with the risk of stockout report, you could choose to set out-of-stock alerts at 50% of your safety stock, so ‘out of stock’ will be when you only have 50% of your safety stock left (so you know you have a little extra as a back-up).

Inventory 52

Inventory Supply Chain Planning Software How To Supply Chain Software 52

SYSPRO Smarter ERP

OCTOBER 6, 2021

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. Proliferation of the Industrial Internet of Things. Equipment as a Service.

Manufacturing Procurement 111

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

Parade

APRIL 22, 2019

Freight brokerages and logistics companies with capital are aggressively purchasing other companies with technology assets— this behavior has been accelerating, with a different acquisition or merger taking place every two weeks. Sears couldn’t imagine how Amazon was going to invade their space— but they did.

Security 68

Security Vendor Strategies Freight Industry 68

GoShip Blog

NOVEMBER 8, 2022

This article discusses how small businesses can protect themselves against fraudulent returns without pushing away honest customers. The rise in e-commerce following the pandemic led to a dramatic increase in return purchases. The authority you report the buyer to will depend on the kind of fraud you believe they committed.

How To 52

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GoShip Blog

FEBRUARY 2, 2023

What Brand Values Influence Purchase Decisions? There is a worldwide increase in “belief-driven” buyers, who will alter their purchasing decisions based on the presence or absence of shared values with a company. million metric tons of CO2.

Sourcing Strategies 52

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GoShip Blog

JULY 28, 2022

Research shows that 25% of customers return between 5% and 15% of items they purchase online. Returns management, also known as reverse logistics, refers to how a business manages returned items. Challenges of returns and how an RMS can help overcome them . How to create a return policy that works best for your business .

Procurement Solutions 52

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SYSPRO Smarter ERP

MARCH 21, 2022

Several surveys have reported how SCM in recent years has moved from being a cost center to one responsible for offering superior customer experience and delivering competitive advantage. The same survey reported that 90 percent of respondents plan to implement a new solution in the next five years.

Manufacturing Procurement 116

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