GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. In other words, the use of AI may help to improve patient outcomes and reduce delays from misdiagnoses or laboratory testing. The State of Supply Chain 2016 Trends.

Manufacturing Procurement 65

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 65

Freightos

MARCH 17, 2019

The annual fixed-price contract is the current go-to for ocean freight procurement. But, much like the iPod, which was admittedly a great device, there’s clearly room for improvement. Source: SGX, Freightos Baltic Index. Technology rewrote industry rules and improved our listening to music. We never looked back.

Optimal Sourcing 48

Optimal Sourcing Procurement Price Reduction Freight 48

Logistics Viewpoints

JUNE 15, 2023

Using computer algorithms, the AI program searches various connected inputs from all available sources to generate human-looking content in the form of text, images, audio, and other synthetic (created) data that is of value to the user. The best course of action is to learn more now. It is not meant to replace warehouse workers.

Supply Chain Software 127

Supply Chain Software Supply Chains Optimization Software Logistics Network Optimization Software 127

Automotive Logistics

JANUARY 31, 2018

That confidence is being fed by optimism about the next generation of engineering and logistics talent and the transformation of the supply chain through digital technology. The question becomes, when you have all these sources of unpredictability and variability, how do you really leapfrog to the next level? Mexico made 3.8m

Optimal Sourcing 28

Optimal Sourcing Optimization Software Conference Supply Chain Planning Software 28

Freightos

JUNE 6, 2023

Listen to the full podcast interview here ) Source: Fort Of course, this stark reality was faced by many small and medium-sized businesses (SMBs) during the peak of the pandemic. This is a dramatic improvement from last October, where 87% of importers said that their bottom line was getting hit by supply chain costs.

Manufacturing Procurement 121

Manufacturing Procurement Optimal Sourcing Inventory Reduction eCommerce 121

AIMMS

FEBRUARY 3, 2020

Moving past waste, water, and C02 reduction, they have begun searching for renewable energy sources, different forms of packaging, and increased efficiency overall. More and more enterprises will be focusing on processes like ethical sourcing, reverse logistics, and using green materials in response to public demands.

Supply Chain Planning Software 133

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 133

3PL Links

JULY 21, 2024

Today’s diverse difficulties have demonstrated the need for applying certain tactics in order to change course. Globalization and offshoring In the next five years, 46% of supply chain leaders expect a fall in globalization, and 61% expect a decline in manufacturing outsourcing, according to the recent Gartner survey.

Supply Chain Design Software 48

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 48

Logistics Bureau

JANUARY 7, 2020

Of course, it is helpful to have some statistics on hand to validate the statement above. According to a survey by Deloitte from 2014, 79 % of companies with high-performing supply chains achieve revenue growth superior to the average within their industries. In 2014, a survey by Tompkins Consortium delivered a shocking revelation.

Supply Chain Design Software 123

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 123

Logistics Bureau

JANUARY 9, 2019

Of course, it is helpful to have some statistics on hand to validate the statement above. According to a survey by Deloitte from 2014, 79 % of companies with high-performing supply chains achieve revenue growth superior to the average within their industries. In 2014, a survey by Tompkins Consortium delivered a shocking revelation.

Supply Chain Design Software 118

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

Freightos

APRIL 27, 2023

The article presents findings from a survey conducted across over 200 global supply chain professionals to highlight how the pandemic has increased the need for freight market intelligence and how it continues to be relevant even as supply chain issues resolve. This creates new opportunities for both automation and improved decision-making.

Data 62

Data Freight Optimal Sourcing Supply Chain Software 62

AIMMS

FEBRUARY 3, 2020

Moving past waste, water, and C02 reduction, they have begun searching for renewable energy sources, different forms of packaging, and increased efficiency overall. More and more enterprises will be focusing on processes like ethical sourcing, reverse logistics, and using green materials in response to public demands.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 62

247 Customs Broker

SEPTEMBER 24, 2018

The research focused on the inventory visibility and optimization challenges that companies face today related to omni-channel fulfillment and the actions they should take to elevate their omni-channel performance. Source: “Omni-Channel Logistics Leaders: Top 5 Inventory Insights,” Adelante SCM & LEGACY SCS.

Optimal Sourcing 28

Optimal Sourcing Inventory Nodes Manufacturing Procurement 28

Logistics Business Magazine

MARCH 24, 2023

Launch risk surveys to individual suppliers to assess financial status and highlight any weaknesses. By undertaking a shared course of action together with suppliers, rather than instructing that improvements are needed, trust will be strengthened at the same time.

Collaboration 66

Collaboration Expense Reduction Cost Reduction Optimal Sourcing 66

RPA Labs

AUGUST 26, 2021

From freight tender processes to customer communications to supply network management, there are many ways chatbots and logistics process automation can improve freight management processes. This, of course, includes using RPA to handle email inquiries and keep the communication going strong.

Supply Chain Software 40

Supply Chain Software Supply Chain Planning Software Optimization Software Logistics Network Optimization Software 40

RPA Labs

AUGUST 26, 2021

From freight tender processes to customer communications to supply network management, there are many ways chatbots and logistics process automation can improve freight management processes. This, of course, includes using RPA to handle email inquiries and keep the communication going strong.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Optimization Software Logistics Network Optimization Software 52

Freightos

JULY 23, 2019

Intrigued, here’s our summary of the key highlights – of course, we couldn’t help ourselves from expanding on them a bit. Ti summed up freight marketplaces as “facilitators that do not aim to compete with forwarders, rather to improve the processes for them and allow them to offer a more competitive service”.

Digital 89

Digital Logistics Network Optimization Software Freight Sourcing Strategies 89

Ship Monk

JULY 27, 2022

We’re talking, of course, about demand forecasting, or the process of predicting customer demand for a product or service. Demand forecasting helps you: Optimize inventory Align with your operational strategy Analyze demographic and product trends Surprise and delight customers Protect yourself against financial risks Prepare for peak season.

eCommerce 52

eCommerce Inventory Reduction Cost Reduction Price Reduction 52

Blue Grace Logistics

OCTOBER 9, 2019

The result is an optimization of the supply chain, reduced costs, and the creation of overall value within the supply chain. They are collaborating to accomplish their supply chain goals and improve efficiencies. Many of these include sourcing new suppliers and improving cross border relationships with trading partners.

Supply Chain Software 48

Supply Chain Software Optimal Sourcing Logistics Network Optimization Software Supply Chains 48

GlobalTranz

JANUARY 17, 2017

Newer technologies have created entirely new methodologies for improving manufacturing, and the outlook is brighter than ever. Of course, reports Predictive Analytics Times , analytics also possess potential to change how companies obtain the raw materials for their products. Use of 3D Printing Advanced and Became More Affordable.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

GlobalTranz

MARCH 23, 2016

Today I will discuss how a company can sustain a lean culture once they have implemented lean practices in order to achieve continuous improvement. I use a method I call managing for daily improvement or MDI. How can we Continuously Improve Daily and Sustain a Lean Culture and Behavior? Why are we doing this?

Manufacturing Procurement 54

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Optimal Sourcing 54

Blue Grace Logistics

SEPTEMBER 20, 2018

truck drivers still use paper logs to track hours of service, despite the federal mandate, says a new survey with 2,400 respondents from software-as-a-service (SaaS) company Teletrac Navman that provides GPS fleet tracking. . Source: [link]. Even still, one-third of U.S. 28 and another $142 million as of Aug.

Capacity 48

Capacity Negotiating Skills Optimal Sourcing Vendor Strategies 48

Logistics Business Magazine

JUNE 29, 2023

And, over the past three years, the continuing aftershocks of the COVID pandemic, combined with geopolitical factors and an economic downturn, have caused significant upheaval for shippers, cargo receivers, service providers, brokers, freight forwarders, carriers – and of course consumers.

Supply Chain Planning Software 67

Supply Chain Planning Software Supply Chain Software Sourcing Strategies Logistics Network Optimization Software 67

Material Handling and Logistics

FEBRUARY 19, 2018

Our annual salary survey reveals that the typical material handling and logistics professional earns $93,697. purchasing/procurement manager with a manufacturer of building equipment with 21-25 years of experience, living in the South Atlantic region and earning $36,00. I would like to see more support and recognition.

Survey 118

Survey Manufacturing Procurement Materials Handling Optimal Sourcing 118

Supply Chain Brain

JULY 16, 2018

As part of an annual effort, Accenture surveyed 30 A&D companies, encompassing original equipment manufacturers (OEMs) as well as tier 1 and 2 suppliers. Schmidt cites the example of an electronics supplier that was participating in a classified government procurement program.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Design Software Modeling Software Optimization Software 40

Blue Grace Logistics

MAY 29, 2018

Procurement services and digital platforms are being created, revised, and improved at a pace that the industry is completely unaccustomed to. The Survey By the Numbers . According to the survey, only 6 percent of the respondents have such accessibility to data in place. . Some would even say they are long overdue.

Digital 48

Digital Networks Supply Chain Software Logistics Network Optimization Software 48

Logistics Business Magazine

DECEMBER 3, 2020

A recent study by the Women’s Forum for the Economy and Society in partnership with Kearney revealed that 35% of firms across a range of industries surveyed in Europe and North America have a supplier diversity programme, and a further 18% intend to develop one within the next three years. Progress, yes, but not nearly enough.

Supply Chain Software 37

Supply Chain Software Supply Chains Cost Reduction Manufacturing Procurement 37

Logistics Business Magazine

DECEMBER 3, 2020

A recent study by the Women’s Forum for the Economy and Society in partnership with Kearney revealed that 35% of firms across a range of industries surveyed in Europe and North America have a supplier diversity programme, and a further 18% intend to develop one within the next three years. Progress, yes, but not nearly enough.

Supply Chain Software 36

Supply Chain Software Supply Chains Cost Reduction Manufacturing Procurement 36

247 Customs Broker

MARCH 7, 2018

Machine learning can look at social media trends, activity from ecommerce websites, or other sources like the point of sale (POS) or weather data, to see how pricing or promotions might be adjusted. Routing optimization and analysis of shipping capacity are shaping up as good niches for predictive analytics, says Vernon.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Software Sourcing Strategies Logistics Network Optimization Software 28

247 Customs Broker

MARCH 5, 2018

Machine learning can look at social media trends, activity from e-commerce websites, or other sources like point of sale (POS) or weather data, to see how pricing or promotions might be adjusted. Routing optimization and analysis of shipping capacity are shaping up as good niches for predictive analytics, says Vernon.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Software Optimization Software Optimal Sourcing 28

Logistics Bureau

APRIL 18, 2019

Source: Council of Supply Chain Management Professionals 2017 Survey. Of course the same is true in many professions, but is particularly so in the arena of supply chain and logistics. Let’s look at them from the perspective of the supply-chain Plan, Make, Source, and Deliver model. Supply Chain Planning. –Dwight D.

Manufacturing Procurement 96

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 96

247 Customs Broker

MAY 8, 2018

Improved internal processes are, of course, helpful, but today’s competitive landscape is being redrawn by forwarders which are putting shippers’ needs first. Among the report’s key findings was that forwarders that quote manually took 57 hours on average—an improvement on previous surveys, but still 20th century performance.

Freight forwarding 28

Freight forwarding Supply Chain Planning Software Freight Sourcing Strategies 28

GlobalTranz

JUNE 15, 2017

Process improvement. Also to find the room for improvement. In order to make the improvement process a constant activity and in order to fix the achievements from development, your team must adopt the representative metrics, key performance indicators , and benchmarking items. Stability shall not result in stagnation.

Buyer Training 84

Buyer Training Logistics Network Optimization Software Vendor Strategies Supply Chain Software 84

The Logistics Academy

SEPTEMBER 28, 2017

Over the course of 2016, real revenue and volume growth in the air and sea freight forwarding markets was remarkably similar globally, but this disguises significant differences across important countries and regions, say analysts who keep a close eye on the market. The global freight forwarding market has grown by 2.7% Digitize or die.

Freight forwarding 56

Freight forwarding Digital Supply Chain Planning Software Freight 56

Logistics Viewpoints

JULY 18, 2022

The company sources goods from 34,000 suppliers out of 30 nations. Products, of course, can be picked up at the branches. Their associate engagement survey allows Ferguson to understand the driver’s impacting engagement across their 31,000 employees. 56% of employees surveyed were engaged. Across the US, Ferguson has 6.5

Supply Chain Design Software 136

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 136

SYSPRO Smarter ERP

JULY 14, 2022

Of course, the pandemic then hit global shores, not to mention the ripple effects of global trade wars. Governments across Southeast Asia have implemented several policies to encourage intra-ASEAN collaboration and improved production. This ultimately results improving profitability & cashflow which is critical to any business.

Manufacturing Procurement 116

Manufacturing Procurement ERP Supply Chain Software Supply Chains 116

Blue Grace Logistics

SEPTEMBER 19, 2019

As it is with most problems there is a lack of a clear and concise definition, according to an MIT study which conducted a survey of the apparel industry only to find wildly different results. Manufacturers and suppliers alike fear to expose their sources as they might lose the edge against their competition.

Definition 48

Definition Supply Chain Design Supply Chains Manufacturing Procurement 48

Trinity Logistics

JUNE 6, 2022

There are many ways to improve your diet, and we’re here to help you find what works best for you. According to the Canadian Community Health Survey of Truck Drivers, 70 percent of truck drivers eat less than the suggested five servings of fruit and vegetables per day. MAXIMIZE FRUITS AND VEGGIES AT EVERY MEAL. Does it love me?

Trucking 83

Trucking Tips Refrigeration Scenario Planning 83