Stord

JANUARY 26, 2024

With Stord’s Consumer Experience capabilities, brands can offer a magical experience for their consumers, accelerating online sales and simplifying the purchase process from storefront consideration through product delivery. Other research indicates shoppers are more focused on specific delivery dates rather than simply ‘shipping speed.’

Procurement Solutions 60

Procurement Solutions Supply Chain Design Software Optimization Software Purchasing Skills 60

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 84

Modeling Software Logistics Network Optimization Software Modeling Data 84

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

GlobalTranz

FEBRUARY 8, 2016

Here’s how you can improve manufacturing floor data collection, long-term. A key component of any manufacturing process is data collection. However, are you starting to outgrow your manufacturing floor data collection system ? At one point, every program used to record data was being used by no fewer than 21 managers!

Manufacturing Procurement 66

Manufacturing Procurement Data Optimal Sourcing How To 66

The Logistics of Logistics

JULY 29, 2021

As consumers increasingly choose to have their purchases delivered to their homes, retailers and ecommerce companies are faced with a decision – use delivery services like DoorDash, Instacart, and Shipt to manage the delivery or manage the delivery internally. Via ’s platform enables their customers (retailers, last mile carriers, etc.)

Logistics Network Optimization Software 195

Logistics Network Optimization Software Procurement Solutions Government Efficiency 195

EazyStock

NOVEMBER 17, 2022

This year, purchasing teams are also facing continued challenges due to global supply chain and logistics pressures, component shortages, and soaring prices for electricity and fuel. The key is to keep track of your inventory planning and purchasing processes. It is also important to consider qualitative data.

Procurement Solutions 52

Procurement Solutions Purchasing Skills Purchasing Supply Chain Planning Software 52

EazyStock

NOVEMBER 17, 2022

This year, purchasing teams are also facing continued challenges due to global supply chain and logistics pressures, component shortages, and soaring prices for electricity and fuel. The key is to keep track of your inventory planning and purchasing processes. It is also important to consider qualitative data.

Procurement Solutions 52

Procurement Solutions Purchasing Skills Purchasing Supply Chain Planning Software 52

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 116

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 116

Logistics Viewpoints

MAY 10, 2024

People buying tickets online for concerts, sporting events and other live events in Minnesota will be guaranteed more transparency and protection under a new bill signed into law Tuesday by Gov. The law will apply to tickets purchased in Minnesota or other states for concerts or other live events held in Minnesota.

Logistics Network Optimization Software 116

Logistics Network Optimization Software Supply Chain Design Software Manufacturing Procurement Purchasing Skills 116

Logistics Viewpoints

SEPTEMBER 27, 2024

Supply Chain & Logistics News Round-Up Sept 23rd- 27th This week I was busy attending various Climate Week NYC events, allowing me to step outside my usual bubble of supply chain and sustainability. I attended multiple events focused on the built environment, embodied carbon, digital decarbonization tools, and storytelling.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 115

Logistics Viewpoints

AUGUST 18, 2022

First, anyone that’s done a FTL budget knows how difficult it is to gain access to a shipper’s forecasted purchasing and/or sales data that’s needed to generate volume estimates. Absent that data, logisticians resort to increasing last year’s load volumes by a random percentage and then hope for the best.

Purchasing Skills 105

Purchasing Skills Scenario Planning Exercises Purchasing 105

Ship Monk

MARCH 21, 2024

Customers are mostly anonymous, and purchases are made or abandoned, seemingly on a whim. Customer relationship management systems collect and centralize all the important data about a business’ customers (and potential customers). With most ecommerce businesses, however, the sales pipeline isn’t nearly as long or as hands-on.

Optimization Software 105

Optimization Software eCommerce Logistics Network Optimization Software Procurement Solutions 105

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

Cost Reduction Material Savings Supply Chain Software Supply Chain Planning Software 62

10xLogistics

AUGUST 26, 2017

Let me get right to them: The war between Amazon and Walmart heats up with the use of Google Home: In Kevin O'Marah's great piece in Forbes ( Google/Walmart: The Brutal Future of Retail Supply Chains ) he discusses the impact of voice assisted purchasing. It is a must read. tax cuts which they call tax reform).

Supply Chains 54

Supply Chains Events Manufacturing Procurement Scenario Planning 54

Logistics Viewpoints

SEPTEMBER 4, 2023

That processing event determines when the goods need to be delivered to the next stop. It was quickly determined that a procurement event was necessary just to set a baseline. Procurement ran a request for proposal event. An RFP is a data intensive exercise. This made the data analysis easier.

Procurement Solutions 115

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 115

SYSPRO Smarter ERP

AUGUST 2, 2023

To contend with these pressures, medical device manufacturers crave actionable, real-time, accurate, and reliable data throughout the entire supply chain. Acquiring and consolidating data can be a formidable task, however, especially when data is scattered across different systems and formats.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 98

Logistics Viewpoints

JANUARY 26, 2021

Geopolitical events. This means supply chain and logistics professionals need to distinguish between more frequently purchased products and the slower-moving products customers are willing to wait for. Natural disasters. Tariffs and trade regulations. The rise of ecommerce. The growing influence of social media. A Positive Example.

Supply Chain Software 119

Supply Chain Software Definition Supply Chain Planning Software Supply Chains 119

Logistics Viewpoints

APRIL 6, 2023

In today’s dynamic and unpredictable business environment, companies face various challenges such as changing consumer demands, global uncertainty, and the impact of natural and man-made events. The purchasing of products at companies can be looked at in terms of two major dimensions: supply risk and impact on production (Figure 1).

Optimal Sourcing 98

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Procurement Analytics 98

Logistics Viewpoints

MARCH 27, 2023

Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. Demand forecasts are improved with access to downstream data (point of sale, Nielsen retail data, and access to competitor promotion schedules).

Supply Chain Planning Software 110

Supply Chain Planning Software Scenario Planning Optimal Sourcing Supply Chain Software 110

Logistics Viewpoints

MAY 3, 2021

Supply chain collaboration networks, which provide wide ranging visibility to events occurring upstream and downstream in supply chains, can help companies be more agile. An SCCN can also access pertinent third-party data feeds. The information exchange is supported by data centers that the company owns and runs.

Supply Chain Software 115

Supply Chain Software Supply Chains Manufacturing Procurement Optimal Sourcing 115

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

It ties into the ERP system where quotes and purchase orders are managed. Working together, these systems schedule purchase orders for items, taking into account production plans, shop floor capacity, and delivery schedules from different suppliers. The pandemic has caused a supply shock.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software ERP Manufacturing Procurement 115

Logistics Viewpoints

MAY 3, 2023

Third, what is the impact of real-time data on supply chains? Whilst they are classed as indirect purchases, this procurement category plays an essential role in day-to-day operations. So, when geopolitical events and the pandemic struck, things that you were expecting to happen, didn’t happen.

Supply Chain Design 104

Supply Chain Design Supply Chains Scenario Planning Procurement Solutions 104

Logistics Viewpoints

SEPTEMBER 6, 2024

Within the next week, New York will be bustling with people attending fashion shows, brand events, and participating in Fall 2024 Fashion Week. These clothing companies have revolutionized how consumers purchase, wear, and dispose of their clothing. US Safety Commisioners Launch Probe into Shein and Temu Two U.S.

Supply Chain Planning Software 124

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 124

Logistics Viewpoints

DECEMBER 8, 2022

Billions of venture capital dollars of investment are being poured into companies that can integrate real-time visibility data with transportation to provide a more informed ETA for shippers and carriers. and FourKites are building a data platform that aims to predict shipping delays and prescribe alternative plans for their customers.

Supply Chain Planning Software 113

Supply Chain Planning Software Transportation Modeling Software Logistics Network Optimization Software 113

Logistics Viewpoints

NOVEMBER 28, 2022

And agility is about reacting quickly and hopefully effectively to the actual disruptive event. But the event might not be disruptive at all if you had planned for it. 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.

Supply Chain Planning Software 110

Supply Chain Planning Software Scenario Planning Optimal Sourcing Manufacturing Procurement 110

Logistics Viewpoints

JULY 14, 2023

billion Denbury deal boosts energy transition plans On the lighter side… Truck stuck in Smugglers’ Notch, again, and Vermont plans to take action The Amazon Prime Day event, stretching across July 11 and 12, was Amazon’s largest ever Prime Day, according to Amazon. port strike Exxon’s $4.9 million people employed in the industry.

Purchasing Skills 98

Purchasing Skills Logistics Price Reduction Events 98

Logistics Viewpoints

AUGUST 18, 2021

Data as recent as the end of June 2021 show that inventories remain below 1.3 In a subsequent Whitehouse.gov blog post, titled ” Historical Parallels to Today’s Inflationary Episode ” the authors’ conclusion stated, “ No single historical episode is a perfect template for current events. I question if this is a data anomaly.

Supply Chains 134

Supply Chains Manufacturing Procurement Purchasing Skills Price Reduction 134

EazyStock

JULY 22, 2021

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. The Importance of Accurate Inventory Forecasting. Identify trends.

Inventory Reduction 105

Inventory Reduction Inventory Optimization Software Procurement Solutions 105

3PL Insights

SEPTEMBER 20, 2021

This article shares details on the Truck Tonnage Index, how the data reflects the overall economy, and other ways to interpret the data. Data Collection. More goods being purchased lead to more shipments to fill the orders which increase overall tonnage. When comparing year-over-year data, the July index fell 2.9%

Trucking 92

Trucking White Paper Procurement Analytics Trends 92

Logistics Viewpoints

MARCH 20, 2023

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. Planners in China rely on different data sources and operate with different business practices than those in North America.

Supply Chain Planning Software 115

Supply Chain Planning Software Modeling Software Procurement Solutions Supply Chain Software 115

Globalior

OCTOBER 6, 2020

Recent events have given the e-commerce industry a steroid induced growth spurt that online scammers all over the world are rushing to take advantage of. Before you make a purchase from an online vendor, you should validate the company’s contact information. Look for, then test contact information you find on the site.

Eliminating Excel in Purchasing 98

Eliminating Excel in Purchasing Purchasing Skills Vendor Strategies Procurement Analytics 98

GlobalTranz

APRIL 3, 2018

Manifesting this trend is the terminology and concept of Digital Path to Purchase — the omni-channel, tech-focused approach to supporting and acting on a consumer’s purchase. Supporting an efficient digital path to purchase requires comprehensive digital collaboration.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 78

SYSPRO Smarter ERP

NOVEMBER 1, 2022

Despite external challenges such as economic conditions, fluctuating customer preferences and unexpected global events that change the way businesses perform, the manufacturing industry continues to experience growth. How can manufacturers help to diversify their product line without bogging down planning and purchasing?

ERP 98

ERP Supply Chain Planning Software Factories Supply Chain Software 98

Talking Logistics

JUNE 5, 2017

There are many reasons why, as I’ve discussed in previous posts and Talking Logistics episodes , including: Supply chain data is stored in too many systems, in too many formats, across many companies and geographies. Nobody really owns or is accountable for supply chain visibility and data quality management. struck Vietnam.

Supply Chain Software 93

Supply Chain Software Supply Chains Manufacturing Procurement Eliminating Excel in Purchasing 93

Logistics Bureau

JUNE 14, 2021

If, like many business leaders, you’re looking for ways to make your supply chain more resilient to major disruptions and black swan events, you might like to consider initiatives based on the following guiding principles. Accelerating and streamlining the flow of data and information through the supply chain. Lessons From a Pandemic.

Supply Chain Planning Software 85

Supply Chain Planning Software Optimal Sourcing Supply Chains Inventory Reduction 85

Logistics Bureau

NOVEMBER 16, 2020

You are not alone, especially as in the time since we first penned this article, one huge and unforeseen event has raised awareness of the global importance of this vital sector—and shown it to be an attractive career choice. That event was the global COVID-19 pandemic, which erupted during the first half of 2020. Networking.

Supply Chain Planning Software 98

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

Talking Logistics

JULY 25, 2018

This invite-only event brought together supply chain and IT executives from a cross section of companies, along with several executives from IBM, including Jeanette Barlow, Vice President of IBM Supply Chain Solutions, and Ron Castro, Chief Supply Chain Officer at IBM. IBM Watson Supply Chain Summit.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 94