3PL Links

OCTOBER 15, 2024

Image source: Pexels | Logistics Challenges and How to Overcome Them Let’s break down the most common logistics problems and how you can resolve them to improve your operations. From delays to cost increases, logistics teams encounter a range of obstacles that can hinder efficiency and affect the entire supply chain.

Inventory Reduction 62

Inventory Reduction Logistics Network Optimization Software Supply Chain Software Expense Reduction 62

TransAudit

SEPTEMBER 19, 2024

Virtually every business has a relationship with a transportation company, which should be documented in a formal contract called a transportation contract. These types of contracts include a range of data, such as invoicing procedure, agreement dates, pay dates, insurance, or liability information.

Negotiating Skills 79

Negotiating Skills Transportation Purchasing Skills Cost Reduction 79

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. Again, this takes careful and meticulous training.

Logistics Network Optimization Software 87

Logistics Network Optimization Software Modeling Software Supply Chain Planning Software Supply Chain Software 87

Logistics Viewpoints

AUGUST 15, 2022

Of the professionals surveyed, 59% saw the gap between procurement/sourcing and supply chain to be a major disconnect, and the most pressing pain point. A MSCN is a collaborative solution for supply chain processes built on a public cloud – many-to-many architecture – which supports a community of trading partners and third-party data feeds.

Manufacturing Procurement 148

Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 148

EazyStock

JUNE 23, 2022

What is big data? All successful businesses use data to develop strategies and review their outcomes. But as the number of systems being used increases, the amount of data available for consumption and analysis grows exponentially. Unstructured data isn’t as accessible to search or export and is often text-heavy.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Supply Chain Planning Software 52

SYSPRO Smarter ERP

JANUARY 12, 2022

With direct and indirect materials making up at least 50% of typical manufacturing costs, the procurement function could be re-imagined so companies can be more responsive to customer demands and more agile when dealing with supply chain challenges. They have a contract with a supplier who delivers on time, and who charges acceptable prices.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Supply Chain Planning Software 105

Freightos

JULY 31, 2024

AI Popup #3) AI Popup #3 Charles Marrale July 31, 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. Again, this takes careful and meticulous training.

Logistics Network Optimization Software 63

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Modeling Software 63

SYSPRO Smarter ERP

MAY 30, 2022

As manufacturers strive to reduce costs while increasing speed, the process of procuring materials, making products, and moving them where they need to be is more complex than ever. Despite this, only 33% of businesses invested in procurement and sourcing technologies. Using ERP to improve purchasing transparency.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 105

SYSPRO Smarter ERP

MAY 30, 2022

As manufacturers strive to reduce costs while increasing speed, the process of procuring materials, making products, and moving them where they need to be is more complex than ever. Despite this, only 33% of businesses invested in procurement and sourcing technologies. Using ERP to improve purchasing transparency.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 98

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. WorkWave: How important is trust and transparency during the due diligence and negotiations processes?

Negotiating Skills 98

Negotiating Skills Buyer Training Purchasing Skills Modeling Software 98

SYSPRO Smarter ERP

AUGUST 2, 2023

From stringent quality standards to comprehensive documentation requirements, Class 1 and 2 manufacturers must navigate a complex landscape to ensure compliance and product excellence. To contend with these pressures, medical device manufacturers crave actionable, real-time, accurate, and reliable data throughout the entire supply chain.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 98

Freightos

JANUARY 12, 2017

In general numbers, air freight is usually 5X the price of trucking and 16X the price of ocean freight, according to the World Bank. Cost – Simply put, air freight comes with a hefty price tag. Air freight is priced based on both size and weight, which can scale price very quickly. Airport transfers.

Purchasing Skills 48

Purchasing Skills Price Reduction Cost Reduction Trends 48

Conger

FEBRUARY 8, 2024

Refurbishing equipment is a mix of cost savings, equipment availability (whether new or used), and the ability to refurbish equipment, considering component availability. Cost Savings Cost savings is an obvious benefit of refurbishing equipment. Refurbishing can save as much as half of the cost of a new machine.

Cost Reduction 52

Cost Reduction Purchasing Skills Eliminating Excel in Purchasing Material Savings 52

Conger

FEBRUARY 8, 2024

Refurbishing equipment is a mix of cost savings, equipment availability (whether new or used), and the ability to refurbish equipment, considering component availability. Cost Savings Cost savings is an obvious benefit of refurbishing equipment. Refurbishing can save as much as half of the cost of a new machine.

Cost Reduction 52

Cost Reduction Purchasing Skills Eliminating Excel in Purchasing Material Savings 52

Conger

FEBRUARY 8, 2024

Refurbishing equipment is a mix of cost savings, equipment availability (whether new or used), and the ability to refurbish equipment, considering component availability. Cost Savings Cost savings is an obvious benefit of refurbishing equipment. Refurbishing can save as much as half of the cost of a new machine.

Cost Reduction 52

Cost Reduction Purchasing Skills Eliminating Excel in Purchasing Material Savings 52

MTS Logistics

APRIL 19, 2021

Consider the Costs of Different Transportation Models. Provide the Right Documents and Ensure That the Provided Information is Correct. Provide the Right Documents and Ensure That the Provided Information is Correct. Proper documentation on import/export items is a must to meet regulation requirements. Prepare in Advance.

Negotiating Skills 92

Negotiating Skills Efficiency How To Purchasing Skills 92

WorkWave

AUGUST 4, 2024

Medical couriers and couriers for pharma play a crucial role in ensuring that important medical specimens, documents, and supplies are transported safely and securely between healthcare facilities. Which skills are useful for medical couriers? Which skills are useful for medical couriers?

Optimization Software 52

Optimization Software Logistics Network Optimization Software Purchasing Skills Buyer Training 52

SYSPRO Smarter ERP

MAY 2, 2024

We are starting to see document recognition services in AI which automate tasks such as invoicing, purchase orders and bank reconciliations. Although machine learning models have been in place for some time, they are now becoming much more prevalent because of the high volumes of data in ERP systems.

ERP 59

ERP Supply Chain Planning Software Modeling Software Optimization Software 59

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. Knowing the lead time helps warehouse managers understand when to restock inventory, allocate drivers, source more capacity, and take other necessary steps. Hassle or cost to serve.

Purchasing Skills 100

Purchasing Skills Freight Procurement Analytics Optimal Sourcing 100

Logistics Bureau

NOVEMBER 11, 2024

It’s the combination of various automated systems such as robotics, sensors and software to streamline warehouse operations, reduce labor costs and improve accuracy. Today warehouse automation is a key part of modern supply chain management, to improve efficiency, reduce costs and customer satisfaction.

Supply Chain Software 94

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Modeling Software 94

3PL Insights

JULY 11, 2018

The amount of time and effort saved by using these technologies makes them a must-have when transferring documents to another company. EDI stands for Electronic Data Interchange. This refers to the electronic interchange of documents between companies. From there, the EDI order is translated into an 850 purchase order.

Data 56

Data Document Purchasing Skills Supply Chain Software 56

Logistics Bureau

OCTOBER 6, 2024

ABC Activity Based Costing – A method of assigning overhead and indirect costs to related products and services. COA Certificate of Analysis – A document that confirms a product meets its product specification. FCL shipments are typically more cost-effective for large volumes. Not that common.

Supply Chain Planning Software 83

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 83

SYSPRO Smarter ERP

SEPTEMBER 25, 2024

With the advent of platforms and inbuilt application designers, manufacturing business now have a tool in their belts to streamline processes, elevate worker productivity and deliver at a greater scale and a lower cost. This ensures seamless data exchange and integration, enhancing the overall functionality of the ERP system.

Supply Chain Design Software 98

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

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

Logistics Viewpoints

APRIL 14, 2022

Such a gap is problematic, as it could lead to higher costs, longer cycle times and less resilience. A best-in-class solution must also support your workflows and a full range of processes including purchase orders, forecasting, capacity and inventory collaboration as well as quality management and coordination around supply risk.

Supply Chain Planning Software 140

Supply Chain Planning Software Supply Chain Software Collaboration Supply Chains 140

Ship Monk

NOVEMBER 30, 2022

Manage the Entire Post-Purchase Process. Delivery management is really about managing the entire post-purchase process. The post-purchase process encompasses everything that happens from the minute the order is placed until after it is delivered, including exchanges and returns. A 3PL like ShipMonk can do this automatically.

Purchasing Skills 52

Purchasing Skills Cost Reduction Optimization Software Supply Chain Planning Software 52

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 71

Price Reduction Compliance Strategy Logistics Network Optimization Software 71

WorkWave

OCTOBER 17, 2024

Include data on industry trends, growth projections and customer demand. better customer service, faster delivery times, or lower costs). Gathering and analyzing data will allow you to identify gaps in the market that your business can fill. This section should introduce your team and highlight their skills and experience.

Cost Reduction 52

Cost Reduction Logistics Network Optimization Software Transportation Purchasing Skills 52

CLX Logistics

SEPTEMBER 9, 2022

With setup, guidance, and support from supply chain management experts, these tools can help improve processes, reduce costs, and save time. Here’s our list of the four essential supply chain management tools you need to provide the best service at the best price. Shipping Management. Telematics-Based Tracking.

Supply Chain Planning Software 52

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

20Cube Logistics

DECEMBER 23, 2020

The exchange of data via automation offers benefits not only to in-house logistics and 3PL service providers in India but also to the entire supply with all information at their fingertips. These documents can be anything from shipping notes, invoices, purchase orders, delivery notes, etc. What is EDI? What is EDI?

Waste Reduction 53

Waste Reduction Industry Cost Reduction Logistics Network Optimization Software 53

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. The simplified assumptions allow companies “to manage margins, supply chain costs, and inventories”, but “it does not enable them to manage enterprise costs, profit, and working capital.”

Supply Chain Planning Software 158

Supply Chain Planning Software Supply Chain Transformation Scenario Planning Supply Chain Software 158

GlobalTranz

DECEMBER 11, 2014

Today begins our series about electronic data interchange or EDI in transportation. What is Electronic Data Interchange? First we must understand and get on the same page of what is Electronic Data Interchange, or EDI, as it is not only used in the transportation industry. How does Electronic Data Interchange (EDI) Work?

Data 105

Data Transportation Document Inventory Reduction 105

WorkWave

JULY 11, 2024

Recycling centers, waste collection, and processing facilities require a skilled workforce, providing employment opportunities for individuals of various backgrounds and qualifications. Green waste , mainly organic materials such as grass clippings, branches, and leaves, can be composted or turned into a renewable energy source.

Waste Reduction 52

Waste Reduction Waste Cost Reduction Expense Reduction 52

Logistics Viewpoints

MARCH 20, 2023

A graph database stores nodes and relationships instead of tables, or documents. Data is stored just like you might sketch ideas on a whiteboard. Those insights are driven from data connections across the vast amounts of data these companies have access to. There are vendors that supply this data.

Supply Chain Planning Software 141

Supply Chain Planning Software Modeling Software Procurement Solutions Supply Chain Software 141

Logistics Viewpoints

AUGUST 29, 2022

They got those documents quickly, and then got them in the hands of all employees and suppliers in 24 hours. Examples of third-party data would include weather forecasts, sustainability ratings, or D&Bs on a company’s financial viability. One of the players in this market, Resilinc, is monitoring 105 million data sources.

Supply Chain Planning Software 127

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Supply Chain Software 127

Logistics Viewpoints

APRIL 26, 2024

Those images are then matched with a natural language processing of text-based description of the product, plus other quantitative data to match the item with its ideal shipping solution. 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 141

Logistics Network Optimization Software Material Savings Supply Chain Planning Software Cost Reduction 141

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