SYSPRO Smarter ERP

DECEMBER 6, 2021

As industries evolve the distance between the worker and the job has grown, for example back in the day the worker had one tool between them and the task. For example, chatbots are now able to enhance human abilities, using AI to serve as an advisor or support to help maintain efficiencies within the organization.

Buyer Training 105

Buyer Training Factories Digital Training 105

SYSPRO Smarter ERP

JULY 14, 2022

Of course, the pandemic then hit global shores, not to mention the ripple effects of global trade wars. To enable SEA manufacturers and distributors, governments are implementing policies, collaborating regionally, and leveraging the potential of Industry 4.0. Policies to promote regional collaboration.

Manufacturing Procurement 116

Manufacturing Procurement ERP Supply Chain Software Supply Chains 116

Parade

MARCH 3, 2021

This post was written in collaboration with , OpenEnvoy , a leading automated invoice reconciliation tool. And in the example of invoices, the unwieldy process of cross-referencing and auditing means that fraud in the logistics business is all too common. For freight brokers and third-party logistics providers, efficiency is king.

Supply Chain Software 148

Supply Chain Software Supply Chain Planning Software Resource Reduction Waste Reduction 148

Logistics Viewpoints

NOVEMBER 21, 2022

Those brands include Pepsi, of course, but also Lay’s, Quaker, Doritos, Cheetos, and Gatorade. The focus of my interview with Mr. These are designed to share expectations but also create a collaborative approach to working together on a path forward. One example is pep+ REnew in partnership with Schneider Electric.

Food and Agriculture 154

Food and Agriculture Supply Chain Planning Software Supply Chain Design Software Purchasing Skills 154

Logistics Viewpoints

MAY 27, 2021

In my Logistics Viewpoints article in April 2021, Building Profitability with Agility while Digitally Transforming the Supply Chain , I mentioned that we will continue to explore here the concrete steps in the digital journey and examples of determination from the top in addition to logistics operations. How great can the impact be?

eCommerce 161

eCommerce Optimal Sourcing Supply Chain Software Supply Chain Planning Software 161

Logistics Viewpoints

JUNE 29, 2021

Data is the raw fuel of digital transformation and the linchpin to accelerating industry collaboration, automation, predictive insights and so many more cutting-edge capabilities (including those yet to be invented). Of course, there is much more that goes into effectively implementing each of these safeguards.

Data 161

Data Supply Chain Design Software Supply Chain Planning Software Digital 161

Logistics Bureau

AUGUST 1, 2022

What matters most is how effectively the people involved in the process collaborate and overcome the silo mentality prevalent in organisations with multiple functions and business units. So, for example, the Head of Supply might be the Supply Chain Director, Supply Chain Manager, or another non-executive supply chain management specialist.

Supply Chain Planning Software 118

Supply Chain Planning Software Scenario Planning Operations Supply Chain Design Software 118

Freightos

OCTOBER 26, 2020

The shift to full end-to-end integration, of course, leaves no one else in the middle. The first is size , of course, with Maersk running over 17% of global ocean capacity , but also selling land-services to just under 20% of those same customers. Integration capabilities being developed in collaboration with others.

Logistics Network Optimization Software 134

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Price Reduction 134

Logistics Bureau

FEBRUARY 7, 2022

Of course, a lack of support from universities means that there are no locally produced supply chain professionals. However, I think the only way to make meaningful progress in these geographies is, of course, to have local talent there all the time helping to solve these problems. Kenya is a big exception.

Supply Chains 118

Supply Chains Course Manufacturing Procurement Video 118

FreightWaves SONAR

NOVEMBER 24, 2020

Of course, there’s another advantage. Load coverage insights to build collaboration Another opportunity to apply analytic data insights rests with using data to enhance collaboration in the supply chain network. More collaboration will always generate additional productivity. Email and fax don’t cut it.

Data 105

Data Supply Chain Planning Software Resource Reduction White Paper 105

Logistics Bureau

JANUARY 5, 2025

How to Negotiate Freight Rates: Make it More about the Contract, Less About the Rates Of course price matters when you negotiate freight contracts. Examples of Negotiation Levers Lets take a slightly more detailed look at how some of the information you gather can be used to gain leverage in freight contract negotiations.

Negotiating Skills 90

Negotiating Skills Material Savings Freight Price Reduction 90

FreightWaves SONAR

MARCH 4, 2021

Domestic transportation networks can better collaborate load capacity to reduce wasted miles and space. Promote collaboration within the network. Regardless, the right use of freight calculators to quote, compare, plan and decide on the best course of action is the sure-fire way to keep your business moving forward.

Supply Chain Planning Software 130

Supply Chain Planning Software Freight Optimization Software Resource Reduction 130

Ship Monk

APRIL 5, 2024

Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. The Value of a Collaborative Relationship Why, you might ask, would I care about building a relationship with a supplier? For example, we love working with our ecommerce clients and, based on their feedback, they love working with us.

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 105

Logistics Viewpoints

MARCH 4, 2021

Fifth step: Internal & external digital collaboration is also a part of going digital. The cross-functional and cross-enterprise collaboration will become easy when all stakeholders are looking at the same version of the truth. . These capabilities can bring efficiencies to decision-making across the supply chain.

Supply Chain Planning Software 167

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 167

Logistics Viewpoints

MARCH 20, 2023

For example, for a yogurt company, decision of where to ship a short lifecycle product coming out of a factory is done daily because “demand can shift in very short time frames.” But, of course, over the course of a month the demand and supply pictures change. Thus, the initial plan must be modified.

Supply Chain Planning Software 166

Supply Chain Planning Software Modeling Software Procurement Solutions Supply Chain Software 166

Logistics Viewpoints

APRIL 7, 2022

As an example, a major retailer whose market presence is in the Americas realized that several of their shipments that originate in China pass through Russia to make their way to the west and are now subject to shipment backlogs. Some may have believed themselves to be immune at one point, but now their perspective is shifting.

Supply Chain Design Software 189

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 189

Logistics Viewpoints

MARCH 21, 2021

The skills enhancement program, dubbed Strategic Capabilities Planning, will include a mix of internally supply chain programs, systems education and external APICS courses – APICS is now part of the Association for Supply Chain Management.

Supply Chain Planning Software 187

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 187

Logistics Bureau

OCTOBER 10, 2022

For example, you can optimise for cost, profit, or service, but not for all of them. For example, inaccurate forecasts typically lead to: Overstocking — a problem that ties up working capital and can lead to inventory obsolescence. Let’s explore a quick example of the relationship between supplier lead times and inventory levels.

Inventory Reduction 127

Inventory Reduction Inventory Optimization Modeling Optimization Software 127

Logistics Bureau

JANUARY 7, 2020

Of course, it is helpful to have some statistics on hand to validate the statement above. Walmart may be the most famous example of a company that has succeeded primarily because of a well-developed and aligned supply chain strategy. Developed a process of excellence in supply chain collaboration. Mini Case Study: Walmart.

Supply Chain Design Software 133

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 133

GlobalTranz

APRIL 30, 2015

Editor’s Note: We continue our collaborative blog series with Ben Goldwasser of Spendrix, a company who helps shippers determine which carriers operate best in certain regions, and conditions, allowing you to be more thorough. This post is the second in a series of “How to Spot Supplier Risk.”

Buyer Training 93

Buyer Training Training Security Logistics Network Optimization Software 93

Logistics in War

MAY 2, 2024

There are, of course, many other examples where assumptions had led to risks being accepted in advance of war, and preparedness failures occurred as a result. It is a time for collaboration as a Defence logistics community, one with a new sense of agency in what could become a historic period of investment.

Resource Reduction 113

Resource Reduction Strategy Military Logistics 113

GlobalTranz

JUNE 30, 2017

For example, a customer is a shoe store may purchase shoes, but if offered a new brand of socks, he or she refuses. While this example is a bit extreme, it highlights how a longer buying cycle can translate into insights for manufacturers. More importantly, it gives manufacturers a chance to find out more about what the customer wants.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics After-sales Price Reduction 82

Logistics Bureau

DECEMBER 6, 2024

This is nothing new of course. No retailer or producer for example, wants to be implicated in a consumer health scare resulting from poor quality-management in their supply chain. Network Optimisation: Along with collaboration, optimisation is playing an important part in speeding up fresh supply chains.

Supply Chain Design Software 91

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 91

AIMMS

JULY 15, 2019

A great example of this is one of our customers, a Europ ean chemical company with $300M in annual revenue who is growing fast and was ready to move from spreadsheets to something more robust. Within a few months they moved from spreadsheets and silos to looking at real-ti me scenarios in monthly planning meetings.

Supply Chain Planning Software 107

Supply Chain Planning Software Scenario Planning Modeling Software Gartner 107

Logistics Viewpoints

JANUARY 31, 2022

A press release from October of 2021 stated that solutions sold by the Group over the course of one year result in the avoidance of around 1,300 million tons of CO2 emissions over those product’s lifespan. Through green field studies, through better transport optimization, and through better collaboration with outside entities or customers.

Material Savings 161

Material Savings Cost Reduction Price Reduction Expense Reduction 161

Logistics Bureau

OCTOBER 29, 2020

Of course, benchmarks and benchmarking can cover all kinds of different things, at work or elsewhere. Suppose you wanted to be the fastest runner in the world, for example. It encourages business units/functional teams to communicate, collaborate, and share ideas. Those levels are “benchmarks”.

Supply Chains 114

Supply Chains How To Scenario Planning Cost Reduction 114

MTS Logistics

JULY 21, 2021

Of course, this process will not be like the “old normal” in many companies. Especially advanced virtual collaboration and communication tools play a key role in a successful remote working process. More and more work and collaboration is taking place in virtual spaces such as chat rooms and video conferencing environments.

Modeling Software 97

Modeling Software Digital Optimization Software Logistics Network Optimization Software 97

Logistics Bureau

NOVEMBER 8, 2021

So, for example, if your business competes strongly on price, you might go heavy on the cost-reduction side of supply chain management, setting objectives centered on savings. Conflicting KPIs: A Brief Example. Of course, you can have as many other metrics as you like, but the KPIs are the ones that should form a catalyst for action.

Supply Chain Software 115

Supply Chain Software Supply Chains Scenario Planning Cost Reduction 115

Logistics Bureau

JANUARY 9, 2019

Of course, it is helpful to have some statistics on hand to validate the statement above. Walmart may be the most famous example of a company that has succeeded primarily because of a well-developed and aligned supply chain strategy. Developed a process of excellence in supply chain collaboration. Mini Case Study: Walmart.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 118

Logistics Viewpoints

APRIL 9, 2021

The most famous shortage, of course, was the toilet paper shortage, which was really more about a shift in usage and panic buying than production. The solution integrates advanced document management capabilities, robust collaboration features and support for bookings, with superior end-to-end real-time tracking.

Logistics Network Optimization Software 33

Logistics Network Optimization Software Logistics Air delivery Material Savings 33

IoT World Today

OCTOBER 15, 2020

FedEx, for example, has been on a multiyear digital transformation journey that included cloud computing and work-from-home capabilities but also widespread sensor technology buildouts, robotics forays and continued support of blockchain technologies.

Waste Reduction 122

Waste Reduction Cost Reduction Strategy Supply Chain Design Software 122

Logistics Bureau

APRIL 3, 2023

So, for example, outsourcing sales activity is not typically a good idea if yours is a retail sales company. But, of course, what those circumstances are is for you to decide. Through collaboration with your procurement partner, you can reduce inventory levels and then potentially downsize your warehouse capacity needs.

Outsourcing 117

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 117

Logistics Bureau

DECEMBER 7, 2024

However, it corresponds to the amount of money you need to keep your supply chain working, so in reality, you want to decrease it without hurting supply chain performance, of course. Current liabilities are typically accounts payable, meaning the money you are due to payout, for example to suppliers.

Material Savings 89

Material Savings Inventory Reduction Cost Reduction Vendor Strategies 89

Logistics Bureau

NOVEMBER 22, 2021

For example, you can look at: 1) Your products and the way you package them for shipping. For example, many companies don’t pay enough attention to appropriate container sizing when booking their international ocean freight shipments, preferring to leave those decisions entirely in the hands of their freight forwarders.

Freight 118

Freight Waste Reduction Cost Reduction Packaging 118

Logistics Viewpoints

MAY 20, 2022

We are seeing it now in terms of truck drivers and warehouse workers, and Walmart is an example of a company that has been trying to get ahead of these shortages by offering higher wages and on-the-job perks. The deal sets the lofty goal of deploying 12,000 of Wingcopter’s 198 drone systems over the course of the next 5 years.

Supply Chain Design Software 160

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Waste Reduction 160

GlobalTranz

FEBRUARY 15, 2017

Apps and Smart Devices Will Enable Communication and Collaboration. Communication and collaboration are keys to better manufacturing processes, and new apps and smart devices will further empower this trend. Predictive Analytics Will Be Leveraged to Reduce Risk and Boost Collaboration.

Modeling Software 74

Modeling Software Cost Reduction Optimization Software Trends 74

GlobalTranz

NOVEMBER 18, 2016

For example, a pharmaceutical company may use big data applications to identify more efficient way of manufacturing life-saving medications. Now, imagine how this same example could be applied to different Industries served by the supply chain and transportation industry. Real-Time Decisions, Not Reactive Decisions.

Supply Chain Planning Software 89

Supply Chain Planning Software Data Material Savings Manufacturing Procurement 89