SYSPRO Smarter ERP

MARCH 15, 2023

Manufactures are continuously faced with the challenge of forecasting how much (raw material) to purchase and how much (finished goods) to produce. To manage this delicate balance of demand and supply, manufacturers often use statistical forecasting techniques to predict future demand by looking at historical sales data.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Analytics Supply Chain Planning Software Procurement Solutions 105

Locus

AUGUST 13, 2024

In addition to this increase, there’s an emerging trend of converting retail spaces into mini warehouses. The concept of “Four Walls Excellence” is key to this. What Are the Four Walls of Excellence in Retail? Scanning: Accurately capturing data for inventory management and tracking.

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Resource Reduction Cost Reduction Inventory Reduction 52

Logistics Viewpoints

JUNE 8, 2023

To remain competitive, retailers and carriers must excel in the crucial last-mile delivery stage. To Build or To Buy Companies looking to implement new or improve existing delivery technology face a crucial decision: should they build an in-house platform or buy an existing solution from a vendor?

Modeling Software 111

Modeling Software Optimization Software Supply Chain Design Software Logistics Network Optimization Software 111

GlobalTranz

FEBRUARY 4, 2019

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. As omnichannel shopping becomes the standard for consumers, the use of freight data will excel.

Supply Chain Planning Software 48

Supply Chain Planning Software Logistics Network Optimization Software Trends Inventory Reduction 48

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). Today most companies use Excel to put together different scenarios,” Bailey said.

Supply Chain Planning Software 145

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

SYSPRO Smarter ERP

SEPTEMBER 1, 2022

While the concept of reshoring, also known as onshoring, has been a growing trend over the past decade, when the pandemic hit it introduced risk in a way that wasn’t previously considered. Down under, a drive to reshore Australian-made goods has become a definitive part of the Albanese Labor Government’s ‘Buy Australia’ plan.

Manufacturing Procurement 105

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

Logistics Viewpoints

DECEMBER 2, 2021

There will be little relief in 2022 unless the factors driving the increased import volumes—a strong economy and the fundamental shift in consumer behavior to purchase more goods and less services—change. Online buying will fuel home delivery growth, challenges and new strategies.

Waste Reduction 141

Waste Reduction Cost Reduction Inventory Reduction Resource Reduction 141

Jayem Logistics

AUGUST 8, 2017

The top three pressures in warehouse management are: Customers demanding purchases faster. Jayem Warehousing Pvt ltd got the excellent practices in Environment, Health and Fire Safety Award from AARUSH Fire Systems Pvt Ltd., High labor costs. Reducing the cost of requirement fulfillment errors. Million sqft Warehouse space.

Trends 59

Trends Supply Chain Software Manufacturing Procurement Logistics Network Optimization Software 59

Logistics Viewpoints

AUGUST 28, 2024

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. Therefore, businesses need reliable and robust systems to capture and maintain this data. What Components Comprise a Digital Product Passport?

Optimal Sourcing 126

Optimal Sourcing Optimization Software Supply Chain Software Optimization Modeling 126

Talking Logistics

APRIL 23, 2019

Crowdsourcing apps, same-day delivery, and ecommerce trends continue to impact last mile delivery expectations. For these investment purchases, consumers expect a high level of service including room of choice placement and assembly. Managing delivery exceptions for excellent customer experience.

Supply Chain Design Software 111

Supply Chain Design Software Cost Reduction Logistics Network Optimization Software Supply Chain Software 111

3PL Links

NOVEMBER 12, 2024

Solution: Use data-driven forecasting to predict demand as accurately as possible. Example: Retail giant Zara uses real-time data from its stores to adjust inventory dynamically. Example: Companies like Costco capitalize on bulk purchasing and shipping strategies, enabling them to pass savings on to their customers.

Cost Reduction 62

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GlobalTranz

JANUARY 5, 2016

Yesterday we began our two part series on 2016 supply chain trends that will drive supply chain management into the future. As with most trends we all have read over the last few years, the focus was on technology. Supply Chain Trends 2016: 5 Additional More Areas of Focus. We listed the first 7. Increased velocity.

Supply Chain Planning Software 64

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 64

Talking Logistics

JANUARY 13, 2021

However, instead of making predictions like “Walmart Will Buy FedEx to Compete with Amazon” or “The Consolidation of Digital Freight Brokers Begins,” I made some totally predictable predictions. In December 2019, I made some predictions for 2020. Read more The More Things Change in Supply Chain, The More They Stay the Same.

Supply Chains 142

Supply Chains Eliminating Excel in Purchasing Digital Freight 142

Logistics Viewpoints

JUNE 7, 2023

And finally, how can retailers and logistics providers accurately capture data and act upon the insights they generate? Once you know where your company stands on initial costs, you need to explore what is adding to costs, and what are the trends around last miles costs. Here are the key points from our discussion.

Cost Reduction 105

Cost Reduction Purchasing Skills Logistics Network Optimization Software Optimization Software 105

SYSPRO Smarter ERP

AUGUST 7, 2023

This fragmented approach leads to redundant data entry, lack of coordination and inefficiencies that consume valuable time and resources. With an ERP, all departments are looking at the same data. An ERP system lets you see manufacturing data accurately and in real-time. Sales can see inventory quantities and production jobs.

ERP 98

ERP Manufacturing Procurement Optimal Sourcing Procurement Analytics 98

FreightWaves SONAR

JULY 24, 2023

Measuring performance with transportation KPIs and freight data is getting easier. Without excellent and clear communication, these trends will not be identified and acted upon until it is too late. Transportation management depends on historical and real-time data. Think about this. Disruptions are inevitable.

Cost Reduction 105

Cost Reduction Tips Expense Reduction Supply Chain Planning Software 105

FreightWaves SONAR

NOVEMBER 17, 2020

More freight brokers are turning to technology and transportation data to grow their businesses by understanding the true freight market rate. . It’s not solely about knowing basic rates – it’s about using freight data to make the best decisions for all loads – playing both the buy-side and sell-side aspects of freight brokering.

Data 52

Data Sourcing Strategies Transportation Freight 52

GlobalTranz

MAY 13, 2015

However, one thing that should come to mind is the prowess of the retail giant’s supply chain excellence. ” The Key’s To Walmart’s Supply Chain Management Excellence over the Year. Walmart uses its mammoth purchasing power to shape suppliers’ behavior which also drives down costs, Gartner said.

Supply Chain Planning Software 115

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

GlobalTranz

MAY 1, 2018

Since this trend isn’t likely to change anytime soon, shippers who can contain the cost of shipping by maximizing efficiency and optimization throughout their shipping network will be on firm ground heading into the future. Data-driven analytics enables you to make cost-effective transportation decisions. But no longer.

Procurement Analytics 61

Procurement Analytics Optimal Sourcing Data Sourcing Strategies 61

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

3PL Links

MAY 23, 2024

Image source: Public Domain Pictures | The Growth of Cross-Border E-Commerce: Trends and Predictions Over the past few decades, cross-border e-commerce has grown tremendously. This kind of product has gained enormous popularity abroad, and its success serves as an example of industry trends worldwide.

Trends 48

Trends Inventory Reduction Expense Reduction Sourcing Strategies 48

Logistics Viewpoints

DECEMBER 1, 2022

Theme 2: Online buying will fuel home delivery growth, challenges and new strategies. In 2023, consumers will be less forgiving and poised to buy from retailers whose delivery performance is commensurate with the rest of the shopping experience. Figure 1: U.S. Container Import Volume Year-over-Year Comparison. Somewhat nailed it.

Cost Reduction 120

Cost Reduction Resource Reduction Supply Chain Planning Software Logistics Network Optimization Software 120

Logistics Bureau

DECEMBER 24, 2024

Peters and Waterman in their best, sellerIn Search for Excellence identify one of the eight factors of organisational success as sticking to the knitting. Reduction in asset capital.Warehouses and vehicles are expensive to purchase or lease and can tieupmillions of dollars that could otherwise be invested in the core business of the firm.

Outsourcing 52

Outsourcing Warehousing Negotiating Skills Purchasing Skills 52

Freightos

AUGUST 26, 2015

UK-based logistics website with exceptional content and unique opinion pieces, often centered around shifting technology trends. So much so that it is split into seven topics – aircrafts, airports, capacity and demand, carriers, freight trends, traffic and viewpoints. Air Cargo World. ACWmagazine. SupplyChainBrain. Paid Premium.

Resource Reduction 132

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3PL Links

DECEMBER 28, 2023

Top Game-Changing Logistics Trends for 2024: Redefining Global Supply Chains | Image source: Flickr Understanding logistics trends is essential for business, and trend research may help organizations of all sizes predict changes, spot areas for innovation, and remain relevant in a market that is becoming more and more competitive.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Trends Sourcing Strategies 48

Freightos

JULY 19, 2017

Ubiquitous data coupled with machine learning will help forwarders tailor unique offerings for individual customers, driving what Coughlin sees to be operational opportunities, “ Opening up tremendous capacity in operational productivity, visibility and routing optimization.” Visibility and Predictive Analytics. The Road To Digital.

Digital 106

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Talking Logistics

MARCH 5, 2018

According to Adam, “Digital transformation is about becoming a truly data-driven company and taking the steps to access, make use of, and control the data in your company so you can actually control your future and the decisions you make.”. Too often companies think it starts with buying a new ERP or other enterprise software solution.

Supply Chain Software 81

Supply Chain Software Supply Chains Digital Logistics Network Optimization Software 81

Logistics Viewpoints

DECEMBER 14, 2021

Millions of shoppers, like my Dad, are not going back to their old habits because there are now faster and more convenient ways for buying daily household needs. It excels on a union of E-Commerce mobile apps and last-mile delivery innovations. It also provides an excellent part-time employment opportunity with flexible shifts.

Supply Chain Planning Software 119

Supply Chain Planning Software Supply Chain Design Software Optimization Software Supply Chain Software 119

Talking Logistics

DECEMBER 6, 2018

As consumers continue to purchase goods at greater frequency and trade regulations become more complex, supply chain professionals are striving to establish end-to-end control of their business operations. Benefits of data visibility. Three defining features of good data are accuracy, completeness, and timeliness.

Supply Chain Design Software 99

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 99

Talking Logistics

OCTOBER 15, 2018

When it comes to inventory management, new trends are demonstrating that less is more. Having less inventory on-hand increases liquidation, allowing for a more agile response to shifting consumer trends. Especially since many retailers have already purchased and shipped their goods ahead of the looming tariff changes.

Inventory Reduction 74

Inventory Reduction Inventory Supply Chain Planning Software Logistics Network Optimization Software 74

Trinity Logistics

JUNE 13, 2024

Some even just use Excel spreadsheets. Market trends can also cause unexpected price fluctuations, further challenging their logistics budget. They’re researching more about the companies they purchase food products from. They have access to thousands of reputable brands and can simplify your purchasing process.

Manufacturing Procurement 117

Manufacturing Procurement Purchasing Skills Supply Chain Planning Software Logistics Network Optimization Software 117

FreightWaves SONAR

AUGUST 13, 2024

Whether you are looking to gain more customers, increase your company revenue size or add more trailers to your fleet, SONAR has information and data to help you with these decisions. OTVI was indexed at 10,000 on January 1, 2018, so when looking at this data set, the trend of the line is more important than the actual value.

Outbound 59

Outbound Inbound Optimization Software Data 59

GlobalTranz

FEBRUARY 2, 2015

No Purchase Orders were used. Further, Fleet Equipment magazine identifies six emerging trends in the dynamic commercial vehicle aftermarket. One of these trends deals with utilizing the latest inventory management techniques to manage customers to “lean”. Example: A once/twice Weekly purchase order cycle.

Vendor Strategies 94

Vendor Strategies Inventory Reduction Modeling Software Inventory 94

EazyStock

MARCH 22, 2022

Fluctuating demand and supply volatility have made accurate demand forecasting even more challenging for two reasons: Using last year’s sales data as a base for forecasts is a ‘no go’, as demand fluctuations due to the pandemic skew the data. It’s vital to maintain excellent supplier relationships. Use qualitative data.

Supply Chain Planning Software 52

Supply Chain Planning Software How To Supply Chain Design Software Supply Chain Software 52

Turvo

SEPTEMBER 24, 2021

On the surface, the Amazon Effect is the new standard of excellence that all customers have come to expect following the break-neck speed and low-cost, if not free, shipping associated with Amazon purchases. And customer satisfaction drives profit growth. Focus on both short-term and long-term goals.

Supply Chain Software 70

Supply Chain Software Eliminating Excel in Purchasing Logistics Network Optimization Software Inventory Reduction 70

Logistics Bureau

OCTOBER 26, 2020

As legislation focuses ever more heavily on environmental protection though, and consumers increasingly consider sustainability in their purchasing decisions, all supply chain organisations will need to find the way forward. Meanwhile, Big Data analytics, AI, and machine learning can have a significant impact on supply chains.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 98

Log-hub

MARCH 7, 2025

Get bi-weekly updates on supply chain trends, strategies, and hot topics, including sustainability, to stay ahead in the game. Get bi-weekly updates on supply chain trends, strategies, and hot topics, including sustainability, to stay ahead in the game. Another trend gaining traction is the use of biodegradable materials.

Waste Reduction 40

Waste Reduction Resource Reduction Material Savings Cost Reduction 40