Talking Logistics

FEBRUARY 20, 2018

If you’ve ever purchased a transportation management system (TMS) for your organization – or any enterprise software – you know that the term “software as a service” (SaaS) gets thrown around a lot. The downside is that the customer (the tenant) doesn’t have access to the database because it would open up data across all customers.

Modeling Software 62

Modeling Software Logistics Network Optimization Software Modeling Data 62

GlobalTranz

DECEMBER 11, 2014

Today begins our series about electronic data interchange or EDI in transportation. In this series, we will first talk about how EDI in transportation works and what it is, covering the history of EDI in transportation, the definition, how it works technically, and then some common EDI codes used within the transportation industry.

Data 105

Data Transportation Document Inventory Reduction 105

FreightWaves SONAR

AUGUST 25, 2021

While it may be premature to say Christmas is canceled, any company having to purchase capacity on the ocean is facing unprecedented pressure. The free white paper, Ocean shippers trapped in house of pain , highlights data impacting the maritime market, from the FreightWaves’ SONAR platform, as well as information from many other sources.

Maritime 52

Maritime White Paper Demo Purchasing Skills 52

Logistics Viewpoints

MARCH 9, 2023

This is because most classical planning solutions lack the modeling capability and computing power to accommodate different data sources, large SKU count, and detailed constraints and contingencies to build an immediately executable plan. each with discrete plans generated typically in sequential batch runs.

Supply Chain Planning Software 135

Supply Chain Planning Software Supply Chain Software Scenario Planning Optimization Software 135

EazyStock

OCTOBER 21, 2021

Now, instead of managing their inventory manually in Excel spreadsheets, EazyStock automatically calculates reorder points and quantities and recommends purchase orders. We purchase our raw materials from all over the world, and we sell our products mainly within the EU. Organizations collect more and more data.

Supply Chain Software 52

Supply Chain Software Procurement Solutions Supply Chain Planning Software Automation 52

FreightWaves SONAR

AUGUST 23, 2021

While that may be too soon to call, it’s clear that these are trying times for shippers and brokers that purchase ocean capacity. The data suggest that ocean congestion and service issues are not likely to be alleviated near-term. Ocean shipping issues have caused some to question whether Christmas will be cancelled.

White Paper 52

White Paper Demo Procurement Analytics Data 52

Logistics Viewpoints

MAY 3, 2021

An SCCN can also access pertinent third-party data feeds. Solutions that fall under the definition of SCCN would include EDI VANs (electronic data interchange value added networks), industry marketplaces, and collaborative supply chain applications that are built on public cloud architectures.

Supply Chain Software 141

Supply Chain Software Supply Chains Manufacturing Procurement Optimal Sourcing 141

Logistics Business Magazine

JANUARY 16, 2023

The remote agile medium definitely makes it more manageable for staff and is a lot more practical and cost effective for us as a business than the traditional on-site approach.

Procurement Solutions 60

Procurement Solutions Purchasing Skills Procurement Analytics Logistics Network Optimization Software 60

GlobalTranz

DECEMBER 23, 2016

Let’s start with a definition and some background. . For instance purchasing may buy different film which seems to have similar specs, but performs differently. This requires periodic sampling, and a consistent system for tracking and logging the data. . Referring to the data . Too many variables exist.

Data 55

Data Cost Reduction Freight Material Savings 55

Logistics Viewpoints

MARCH 4, 2021

Supply chain planning involves interaction with different types of information based on internal and external data sources. These data sources are often spread across multiple platforms and come in various formats. Planners spend their precious time collecting and synthesizing the data to drive insights.

Supply Chain Planning Software 166

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 166

Locus

JANUARY 8, 2024

In the tightly knit fabric of retail, a clear view of the supply chain’s inner workings is a definitive edge for business. On the customer front, the thrill of anticipating a much-awaited purchase is undeniable. This transforms waiting for a delivery into a pleasant experience that is central to encouraging repeat purchases.

Cost Reduction 52

Cost Reduction Expense Reduction Resource Reduction Logistics Network Optimization Software 52

IoT World Today

MARCH 27, 2020

Bouncing back more quickly, said experts, will require supply chain managers to turn to new ways of managing the supply chain, including using Internet of Things (IoT) data, analytics and machine learning (ML). An AI system needs to be fed data sets to learn how to behave and react. And again, data quality is a huge concern.

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Procurement Analytics 145

Ship Monk

SEPTEMBER 26, 2023

Because it’s estimated that over 50% of all ecommerce purchases during the 2022 holiday season were made on a smartphone. Because at least 79% of smartphone users have made a purchase using their mobile device in the last 6 months. Mobile Commerce: the sale and purchase of goods and services on the internet using a mobile phone.

eCommerce 62

eCommerce Optimal Sourcing Optimization Software Logistics Network Optimization Software 62

Logistics Viewpoints

NOVEMBER 28, 2022

Definitions of agility, resilience, visibility, and end-to-end collaboration are all very much tied together. But once this extended supply chain capacity data is available, supply chain models can model not just the internal supply chain, but the extended value chain. OMP provides supply chain planning (SCP) solutions.

Supply Chain Planning Software 129

Supply Chain Planning Software Scenario Planning Optimal Sourcing Manufacturing Procurement 129

Conger

JULY 30, 2021

In this article, you’ll learn: The definition of omnichannel distribution. A simple omnichannel distribution definition is that it’s a way of giving consumers the freedom and ease to buy and receive orders from any sales channel they choose. With the rise of eCommerce, consumers have more purchasing options than ever before.

Inventory Reduction 52

Inventory Reduction Distribution Vendor Strategies Waste Reduction 52

SYSPRO Smarter ERP

SEPTEMBER 1, 2022

Down under, a drive to reshore Australian-made goods has become a definitive part of the Albanese Labor Government’s ‘Buy Australia’ plan. More Australians are also now purchasing locally produced goods, and research from Roy Morgan found 96 per cent of Australians prefer to buy locally made products.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies Supply Chain Software 105

FLS Transport

FEBRUARY 10, 2021

Data shows contract rates up 12% year over year. Of course, there’s a massive need for more capacity right now and that’s largely what’s driving the purchases. More trucks is definitely a step in the right direction. Now we have the first data point that shows contract rates increased 12% in the fourth quarter of 2020.

Procurement Analytics 98

Procurement Analytics Freight Purchasing Skills Trucking 98

Conger

MARCH 28, 2024

Introduction to Fleet Management Fleet Management Definition Businesses across all sectors depend on commercial vehicles to transport people and products daily from cross-country delivery services to your neighborhood gas and oil provider. The software centralizes data, provides real-time information, and automates tasks.

Optimization Software 72

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 72

Ship Monk

JULY 7, 2022

It may sound tempting to force your customers into purchasing in larger quantities, but is it the best way to grow your business? Minimum Order Quantity Definition. Wholesalers and retailers exist for this very reason, so that buyers can purchase finished goods in various quantities. Minimum Order Quantity vs. Pricing Strategy.

Purchasing Skills 98

Purchasing Skills eCommerce Ordering Negotiating Skills 98

Ship Monk

SEPTEMBER 10, 2024

Live Shopping – The integrated in-app checkout feature that allows the discovery and purchase process to take place, thus streamlining the buyer journey and shortening the purchase funnel. And YouTube does not claim responsibility for purchases made through retailers. As noted though, TikTok is bringing it really hard.

eCommerce 62

eCommerce Video Logistics Network Optimization Software Modeling Software 62

EazyStock

MAY 11, 2021

But first here’s a quick reminder of what ABC classification of inventory is: ABC Classification Definition. Determine the thresholds for splitting the data into A, B and C categories. How to Put your Data to Good Use. This means you’re probably over- and under-ordering on many product lines.

Inventory Reduction 52

Inventory Reduction Inventory How To Procurement Solutions 52

Logistics Business Magazine

JULY 25, 2022

Körber has signed a definitive agreement to purchase enVista ’s Enspire Commerce platform and its Freight Audit and Payment (FAP) service. enVista’s Order Management System (OMS), part of the Enspire Commerce platform, enables order visibility across channels and actionable data. rber’s fulfilment solutions.

Logistics Network Optimization Software 63

Logistics Network Optimization Software Supply Chain Software Procurement Solutions Purchasing Skills 63

EazyStock

JULY 22, 2021

But first – let’s get a definition: What is inventory demand forecasting? Historical data trends and market knowledge of how demand can fluctuate are often used to forecast inventory demand. If you analyzed the historical sales data of every product in your warehouse, you’d find that the demand for different items varies considerably.

Inventory Reduction 105

Inventory Reduction Inventory Optimization Software Procurement Solutions 105

Ship Monk

MARCH 30, 2024

In a nutshell, ShipMonk’s proprietary 3PL software offers you mastery of: Order Management Inventory Management Warehouse Management Fulfillment Automation Market Integrations All Order Data (Real-time and Historical) Add to that, when using ShipMonk 3PL software, you’ll always have complete transparency and access to customer support.

3PL 104

3PL Supply Chain Design Software Optimization Software Supply Chain Software 104

Ship Monk

OCTOBER 10, 2023

That means consumers need to really do the research when making online purchase decisions, otherwise the risk for returns is strong. Omnichannel fulfillment services are definitely not one size fits all, as every ecommerce brand is unique and has its own special needs. with plenty of time to satisfy the deadlines associated with Q4.

Procurement Solutions 62

Procurement Solutions Logistics Network Optimization Software Optimization Software eCommerce 62

Logistics Business Magazine

JULY 1, 2022

Over the past two years, many things have changed fundamentally in the industry, including purchasing and consumer behaviour. BB: Firstly, there is the potential of digitalization, particularly the growing importance of data- and cloud-based solutions. BB: We bring together all of a customer’s data points. Q: Instead…?

Supply Chain Planning Software 57

Supply Chain Planning Software Supply Chain Software Optimization Software Modeling Software 57

Logistics Business Magazine

JUNE 13, 2022

Over the past two years, many things have changed fundamentally in the industry, including purchasing and consumer behaviour. A: Firstly, there is the potential of digitalisation, particularly the growing importance of data- and cloud-based solutions. A: We bring together all of a customer’s data points.

Supply Chain Planning Software 58

Supply Chain Planning Software Supply Chain Software Modeling Software Procurement Solutions 58

Logistics Business Magazine

AUGUST 7, 2024

A better approach for businesses would be to invest in processes and solutions that help to alleviate this uncertainty and ensure that a positive customer experience is created and maintained throughout the purchase and the delivery process. Industries such as furniture and building materials rely on appointment-based scheduling.

How To 56

How To Material Savings Cost Reduction Logistics Network Optimization Software 56

Ship Monk

SEPTEMBER 29, 2022

If you manage your own fulfillment, you’ll need to study data and inventory formulas from previous seasons and hire more packers while running your promotions to keep up with competitors. We even have a post-purchase suite to help customers if anything goes wrong with a shipment they receive. Study Data Closely.

eCommerce 52

eCommerce Inventory Reduction Supply Chain Planning Software Supply Chain Software 52

Logistics Viewpoints

JANUARY 3, 2022

26 algorithms are examining the video data in real-time. The devices are surprisingly inexpensive, costing $350-500 per vehicle per year depending upon the volume of devices purchased. In September 2020, the company announced what they claim is the world’s first autonomous truck purchase order from Wilson Logistics.

Trucking 169

Trucking Trends Modeling Software Logistics Network Optimization Software 169

Ship Monk

OCTOBER 6, 2021

Back in the day, businesses relied on primitive computer networks to conduct electronic transactions through EDI (Electronic Data Interchange), enabling them to share invoices, order forms, and shipping confirmations. In 1994, Netscape developed SSL (Secure Socket Layers), a protocol that increased the safety of internet data transmissions.

eCommerce 98

eCommerce Logistics Network Optimization Software Modeling Software Military 98

Ship Monk

JANUARY 6, 2023

If you’re in the business of manufacturing or purchasing products, and fulfilling and shipping orders, these distinctions become pretty important. We’ll give you the definitions for SKU, UPC, and barcode, and cover their differences and how each is used. A barcode is a method of representing data in a visual, machine-readable form.

Manufacturing Procurement 57

Manufacturing Procurement eCommerce Purchasing Skills Supply Chain Software 57

Forto

AUGUST 31, 2020

Nearly 70% of customers who shop online abandon the purchase before making a payment, according to a study by the Danish Baymard Institute. According to Ibi Research , the most popular payment option in Germany in 2020 was payment via PayPal, followed by purchase on account, direct debit and payment by credit card.

Tips 52

Tips Purchasing Skills Procurement Solutions Definition 52

Locus

MAY 25, 2022

But today, nothing can be more heartbreaking to a customer than a business breaking its delivery promise on their prized purchases. Consistently failIng to do so means definitely losing their confidence, which reduces your revenue, and a decline in profitability. It gives them an experience of the product before purchasing.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategy 52

GlobalTranz

SEPTEMBER 12, 2016

Although procurement logistics might sound like it involves the purchasing of manufactured products , it is much more involved. The Definition of Procurement Logistics. Purchased parts and similar items. For example, transportation management often focuses on the journey of products after manufacturing. Auxiliary supplies.

Manufacturing Procurement 101

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 101

EazyStock

OCTOBER 20, 2020

Firstly, let’s get a few definitions: What is inventory control? This keeps the data clean and easier to use for forecasting going forward. Look out for such trends in your historical demand data and adjust your forecasts accordingly. You can only optimize stock levels when you have informed inventory purchasing practices.

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

Logistics Viewpoints

DECEMBER 1, 2022

In the study we conducted in 2022 called “ Ecommerce: Is Retailer Fulfillment and Delivery Performance Keeping Up with Sales Growth? ”, convenience was cited as the number one reason consumers bought online and had their goods delivered—and it is consumers’ intention to have more ecommerce purchases delivered to the home.

Cost Reduction 135

Cost Reduction Resource Reduction Supply Chain Planning Software Logistics Network Optimization Software 135