GlobalTranz

NOVEMBER 29, 2016

Editor's Note: Today's blog is the second part of Chuck Intrieri's series on how procurement and suppliers can avoid issues with their contracts. Procurement and suppliers often assume that small print is highly complicated legal jargon that is both boring and largely irrelevant. Data and Privacy. How to Begin Your Terms.

Procurement Analytics 84

Procurement Analytics Manufacturing Procurement Procurement Document 84

Logistics Bureau

DECEMBER 22, 2024

Of course, the big challenge in this type of external benchmarking is obtaining the necessary data, since many companies are wary of sharing performance data with potential competitors. Instead, its merely a common-sense guide to those supply chain KPIs that can best provide actionable data for general management purposes.

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

GlobalTranz

JUNE 4, 2015

In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site. Medical Devices.

Procurement Analytics 94

Procurement Analytics Cost Reduction Material Savings Tracking and Tracing 94

GlobalTranz

JUNE 14, 2017

The answer lies using these omnichannel supply chain metrics to carefully track and improve operations continuously. This is a simple key performance indicator (KPI), another name for metrics, to track. If vendors fall behind on this metric, you may need to re-evaluate your partnerships or expand your list of approved vendors.

Procurement Analytics 76

Procurement Analytics Supply Chain Design Software Supply Chain Software Supply Chain Design 76

Logistics Bureau

JANUARY 20, 2025

When stock reaches a certain threshold the system automatically triggers purchase orders to suppliers. Predictive Analytics and Demand Forecasting – Modern supply chain systems analyse historical data, market trends and even weather patterns to predict future demand.

Supply Chain Software 75

Supply Chain Software Supply Chain Design Software Supply Chain Design Supply Chains 75

WorkWave

AUGUST 4, 2020

In the grand scheme of things, data analysis falls into the categories of descriptive, predictive, and prescriptive. While descriptive data presents existing figures, predictive data allows you to draw insights from trends in your descriptive data in order to make an educated guess about what might happen next.

Data 91

Data Procurement Analytics Sourcing Strategies Ordering 91

3PL Links

JANUARY 8, 2025

A fleet management system is used to plan a business’s logistics based on an assessment of historical delivery data and to monitor the performance of each vehicle based on tracking technologies such as GPS and telemetry sensors. Maintenance costs In fleet management, maintenance is recurrent due to the continuous use of vehicles.

Optimal Sourcing 62

Optimal Sourcing Cost Reduction Resource Reduction Expense Reduction 62

GlobalTranz

OCTOBER 21, 2015

Editor's Note: As of late you may have noticed we have written a lot about procurement and the future of procurement. A large part of procurement is finalizing the contract and then the follow through of the determined deliverables in that agreement. All KPIS have metrics to measure.

Negotiating Skills 94

Negotiating Skills Optimal Sourcing 3PL Procurement Analytics 94

FreightWaves SONAR

APRIL 16, 2024

(Graphics created by Emily Ricks) There are ample opportunities to take advantage of spot versus contract freight data insights. Spot freight provides a short-term way to source capacity and boost procurement outside of contracted rates whether TL or LTL. And as mentioned, that TMS data becomes a key SONAR data source.

Purchasing Skills 52

Purchasing Skills Optimal Sourcing Sourcing Data 52

Globalior

JUNE 19, 2020

It is generally a good idea for traders to keep all documents archived for at least 10 years in all countries (unless retention standards are longer). When it comes to record keeping requirements of Customs authorities, the legal requirements usually stipulates that all documents related to the imported or exported goods must be archived.

Document 52

Document Manufacturing Procurement Procurement Analytics Packing 52

Logistics Viewpoints

AUGUST 28, 2024

These passports document all aspects of the life cycle – from the sourcing of raw materials to final disposal or recycling. Data Collection Accurate data is critical to the success of any DPP. Consistent, trusted data ensures the DPP reflects the true lifecycle of the product.

Optimal Sourcing 124

Optimal Sourcing Optimization Software Supply Chain Software Optimization Modeling 124

Logistics Viewpoints

APRIL 14, 2022

Experts from North Carolina State University and GEP conducted a survey on supply chain, procurement and IT leaders to determine their challenges and priorities, focusing on examining gaps in the supply chain. The study found that these leaders considered the largest gap to be between supply chain and procurement, citing it as a major issue.

Supply Chain Planning Software 113

Supply Chain Planning Software Supply Chain Software Collaboration Supply Chains 113

FreightWaves SONAR

DECEMBER 1, 2020

The modern supply chain rests on a mountain of shipping data. However, the applications of real-time freight data remain disparate and lack value. As reported by Brian Barry of Multichannel Merchant , it is simple: “Don’t try to write and enforce the ideal policy in one step. It’s only challenging to get a handle on the volume.

Purchasing Skills 100

Purchasing Skills Freight Procurement Analytics Optimal Sourcing 100

Logistics Bureau

OCTOBER 20, 2021

You see, the set of primary data needed to keep an airliner aloft is (apparently) relatively simple—and the same is true of running a supply chain organisation. These key metrics become your organisation’s “multi-function display” and give you the primary data needed to monitor and manage “normal flight conditions.”

Supply Chain Design Software 98

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

Trinity Logistics

MARCH 6, 2025

This may include how orders are communicated to them, what documents are needed to support the shipment, and which systems they interact with (such as a warehouse management system – WMS) to notate information like planned vs. actual shipment details. Some data may live in other tables or a completely different system altogether.

Supply Chain Planning Software 62

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Procurement Solutions 62

Shipchain

FEBRUARY 7, 2019

Additionally, global trade scales are vulnerable to an impending digital documentation revolution, as noted by Kyunghee Park of Bloomberg.com. For shippers to stay competitive with big-box retailers like Walmart along with growing e-commerce vendors, they must think outside the box and cut costs wherever possible.

Logistics Network Optimization Software 112

Logistics Network Optimization Software Supply Chain Software Vendor Strategies Cost Reduction 112

Talking Logistics

MARCH 9, 2017

A Supply Chain Operating Network facilitates the exchange of documents and information, such as invoices, advanced shipping notices, status updates, and more, while participants execute specific activities such as tracking the location of shipments, confirming receipt of purchase orders, etc.

Supply Chain Software 90

Supply Chain Software Supply Chains Networks Optimal Sourcing 90

Freightos

AUGUST 10, 2024

AI Popup #3) AI Popup #3 August 10, 2024 Dive deeper into freight data that matters Learn More For anyone who has played around with ChatGPT or Midjourney, it’s now clear that AI has the potential to be an incredible tool for enhancing efficiency and productivity. It’s been about two years since OpenAI publicly released ChatGPT.

Logistics Network Optimization Software 107

Logistics Network Optimization Software Modeling Software Supply Chain Planning Software Supply Chain Software 107

Logistics Viewpoints

MARCH 20, 2023

This January the company reported that its annual recurring revenue grew at over 84% year-over-year. A graph database stores nodes and relationships instead of tables, or documents. Data is stored just like you might sketch ideas on a whiteboard. There’s a lot of flexibility required to model the variations and nuances.”

Supply Chain Planning Software 113

Supply Chain Planning Software Modeling Software Procurement Solutions Supply Chain Software 113

SYSPRO Smarter ERP

MARCH 14, 2023

The business processes: that determine how an enterprise works The people: who do the work and the way they are functionally organized The systems: that are implemented to automate, consolidate and streamline procedures and data The role of these elements is important in how an ERP project achieves its goals.

ERP 105

ERP Optimization Software Optimal Sourcing Procurement Solutions 105

GlobalTranz

FEBRUARY 27, 2015

After all, actual users are best-positioned to provide an unbiased report on how ERP features can be harnessed for real-world competitive advantages. Running our pricing accurately was a huge problem… it is fairly easy now, and further use of reporting features will help with this. More accessible data. That’s tougher.

Manufacturing Procurement 110

Manufacturing Procurement ERP Logistics Network Optimization Software Procurement Solutions 110

GlobalTranz

DECEMBER 17, 2014

Today we pick up our series on all things Electronic Data Interchange or EDI by busting the common myths around implementing an EDI Integration program. The truth is, many myths have circulated throughout the business world, and electronic data interchange is the focus of quite a few of these myths. and a remittance is $12.96.

Supply Chain Software 93

Supply Chain Software Sourcing Strategies Expense Reduction Cost Reduction 93

GlobalTranz

JUNE 18, 2015

So, many suppliers utilize outside logistics management to ensure customers remain fully satisfied and continue to repeat purchasing. Companies that integrate reverse logistics systems into their logistics systems distinguish themselves from competitors in: effective management of inventory availability and cost. customer satisfaction.

Reverse logistics 103

Reverse logistics Optimization Software Logistics Network Optimization Software Transportation 103

GlobalTranz

MAY 13, 2015

And on the subject of sustainability, SCDigest.com covered Walmart’s 2015 Sustainability report : Walmart, the world’s largest corporation, is fresh out with its 2015 sustainability report, the eighth such document it has produced. The data is shared with suppliers who know when to ship more products.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

WorkWave

MAY 24, 2024

Sources cite the resiliency of essential services , predictive recurring revenue and business model growth opportunities enabled by technology, training and development as being reasons behind the interest. The better the software is, the easier it is for the buyer to understand the business data. inside and out.

Negotiating Skills 98

Negotiating Skills Buyer Training Purchasing Skills Modeling Software 98

GlobalTranz

DECEMBER 23, 2016

A major contributing factor is the inherent difficulty in measuring and documenting packaging suitability for LTL and over-the-road pallet load shipments. However, it’s not enough to simply establish and document a containment force standard. This requires periodic sampling, and a consistent system for tracking and logging the data. .

Data 55

Data Cost Reduction Freight Material Savings 55

Logistics Viewpoints

JANUARY 3, 2022

Nauto bills itself as “the only AI-powered, driver and fleet safety platform that predicts, prevents, and ends distracted driving. 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.

Trucking 127

Trucking Trends Modeling Software Logistics Network Optimization Software 127

Logistics Viewpoints

APRIL 26, 2024

Colombian drug smugglers are disguising cocaine as “fake coal” within major bulk consignments to try to dupe port surveillance operations, according to a new report. This means the company won’t need to purchase additional aircraft, but will bring additional pilots on board to handle the volume boost, according to Tomé.

Logistics Network Optimization Software 118

Logistics Network Optimization Software Material Savings Supply Chain Planning Software Cost Reduction 118

SYSPRO Smarter ERP

SEPTEMBER 25, 2024

Using application designers to improve manufacturing operations Integrating an application designer with an ERP system can turn workflows into digital processes that collect data and integrate operators, machines and sensors to achieve business goals. Designing Custom Workflows: build workflows to automate complex business processes.

Supply Chain Design Software 98

Supply Chain Design Software Manufacturing Procurement Supply Chain Design Optimization Software 98

GlobalTranz

AUGUST 7, 2018

Data Types and Quality Variances Complicate Managing Supply Chain SLAs In the U.S., Since only 11 Incoterms exist in the Incoterms 2010 ruleset, some companies, as well as purchasers and consumers, may need to know additional information about a product. Such information may be defined within individual SLAs.

Supply Chain Software 65

Supply Chain Software Supply Chains Manufacturing Procurement Purchasing Skills 65

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. At a high level, what GEON does is purchase plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility.

Supply Chain Planning Software 129

Supply Chain Planning Software Supply Chain Transformation Scenario Planning Supply Chain Software 129

Dedola Global Logistics

MAY 22, 2024

This system will require all goods transported to or through the EU to have a complete Entry Summary Declaration (ENS) with additional safety and security data. This initiative will set a cap on emissions of certain greenhouse gases and require companies to purchase emission allowances.

Price Reduction 74

Price Reduction Compliance Strategy Logistics Network Optimization Software 74

GlobalTranz

JANUARY 23, 2018

Data-visualization Will Shorten Delivery Times. Data visualization is technically a technology, but it is so much more than that. Data visualization can be applied to any supply chain process that presents users with information enabling the immediate adjustment of operations or sharing of information. Download ebook.

Supply Chain Software 76

Supply Chain Software Supply Chains Trends Logistics Network Optimization Software 76

EazyStock

SEPTEMBER 25, 2018

EazyStock in a cloud-based inventory optimization tool that systematically reduces excess and obsolete stock levels (bad inventory) from your warehouse locations to reduce costs while increasing the availability of your faster turning more profitable items (healthy inventory). Evernote – Online File & Document Storage.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 78

CLX Logistics

SEPTEMBER 9, 2022

The elements of a comprehensive shipping management platform are varied, ranging from RFID inventory management tools to minimize errors in documentation to shipping status tools that provide delivery updates to scheduling and planning tools for streamlining operations and improving customer service. Procurement, Benchmarking, and Bidding.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Procurement Solutions Optimization Software 52

20Cube Logistics

DECEMBER 22, 2019

The data from the MyHub platform also helps to analyze and coordinate the information for forecasting and decision making. Report generation. The reports can be sorted date wise, number wise and even customer wise. In MyHub smart app, all the shipment related details are stored at one place for the convenience of the customer.

Supply Chain Planning Software 14

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Procurement Analytics 14

Locus

APRIL 13, 2023

Advanced analytical insights: With advanced supply chain analytics from Locus’ offerings, businesses can solve many inefficiencies, complexities, and bottlenecks that make their last-mile delivery expensive. It has saved $275 million in logistics costs and 10m + kgs in Greenhouse gas emissions.

Optimization Software 52

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