IoT World Today

OCTOBER 15, 2020

Indeed, some organizations spent several years laying the foundations for data-driven strategy and remote operations even prior to COVID-19. Data-Driven Strategies Become Core Value Proposition. This core principle of creating value through logistics data has ricocheted throughout FedEx’s IT restructuring and its future plans.

Waste Reduction 122

Waste Reduction Cost Reduction Strategy Supply Chain Design Software 122

Logistics Business Magazine

OCTOBER 25, 2024

Despite frequent discussions about AI’s potential impact on jobs, the majority of logistics workers are untroubled by automation, according to a recent YouGov survey commissioned by SafetyCulture. FedEx ’s AI-driven route optimization technology adjusts delivery routes based on real-time data, improving delivery times and fuel efficiency.

Supply Chain Planning Software 55

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Supply Chain Software 55

Logistics Viewpoints

JULY 29, 2021

Preliminary results from a Lucas-commissioned survey of 350 companies in the US and UK found that the majority of the companies are already employing AI in one way or another within their warehouses and distribution/fulfillment centers. AI-Based Warehouse Optimization Examples. Here are two examples. AI For Product Slotting.

Supply Chain Planning Software 126

Supply Chain Planning Software Optimization Software Supply Chain Design Software Modeling Software 126

Logistics Viewpoints

SEPTEMBER 23, 2024

The US Energy Information Administration, within the DOE, does periodic surveys to understand the total energy consumption and consumption across different types of buildings. Their last survey was in 2018. The previous survey had been in 2012, and the compound annual growth rate in the number of warehouses over that time was 4.0%.

Manufacturing Procurement 117

Manufacturing Procurement Warehousing Refrigeration Survey 117

The Logistics of Logistics

FEBRUARY 11, 2022

In a survey of retailers and wholesalers conducted from mid-March to mid-April, 81% said sales in the perimeter had increased over the previous 12 months. Today’s grocers are capturing copious amounts of transactional data in interactions with customers both online and offline. To read more of the many challenges: DOWNLOAD THE EBOOK.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Software Supply Chains eBook 195

Logistics Viewpoints

NOVEMBER 19, 2024

For example, price-conscious consumers don’t need an expensive next-day delivery option; instead, delivery service with a longer lead time but lower cost will appeal to this group. Of serious concern for retailers, many consumers cited delivery issues as a potential barrier to future online buying.

Cost Reduction 84

Cost Reduction Resource Reduction Price Reduction Vendor Strategies 84

Material Handling and Logistics

OCTOBER 30, 2018

In a recent Forrester study, they found the problem to be poor quality data. Digitization is your friend, but quality data is your foundation. Digitization is your friend, but quality data is your foundation. Be proactive about your suppliers! Believe in Darwin (change is a good thing).

Optimal Sourcing 166

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 166

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.

Supply Chain Planning Software 145

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

SYSPRO Smarter ERP

APRIL 18, 2022

With reliable data from ERP manufacturers and distributors can use data analytics to respond to challenges. Without the right data insights businesses are unable to understand the impact of all factors on their daily business activities and deal with supply and demand shocks. Collaboration for transparency and profitability .

Manufacturing Procurement 124

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software ERP 124

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. For example, are you still a minority owned company?

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 120

Logistics Viewpoints

AUGUST 8, 2024

Descartes’ 2024 Global Transportation Management Benchmark Survey shares responses from more than 630 companies, indicating there is a correlation between financial performance and the strategic importance senior management places on transportation. For example, Competitive Weapon companies are 3.4

Supply Chain Planning Software 115

Supply Chain Planning Software Cost Reduction Supply Chain Software Supply Chains 115

GlobalTranz

NOVEMBER 21, 2017

In a recent study, MIT found that companies that focus on 5 key initiatives to improve their supply chain data can have a big impact on their bottom line. Obstacles to fully utilizing analytics included inaccurate data , cost, and lack of timely data. Supply chain data initiatives need a top-down mandate.

Supply Chain Software 69

Supply Chain Software Procurement Analytics Supply Chains Data 69

Logistics Viewpoints

APRIL 8, 2024

These solutions use natural language processing, for example, to read online publications and other data sources, make sense of what they read, contextualize the data into information, and report supply chain disruptions caused by weather, geopolitical events and other hazards in near real-time.

Supply Chain Software 120

Supply Chain Software Supply Chains Manufacturing Procurement Logistics Network Optimization Software 120

Freightos

APRIL 27, 2023

In this article, Eytan Buchman, Freightos’ CMO, discusses the importance of data and context in global freight and logistics. The future of global freight data lies in real-time information, contextual insights, and aggregated data that can help companies make better decisions and adapt to a rapidly changing industry.

Data 62

Data Freight Optimal Sourcing Supply Chain Software 62

SYSPRO Smarter ERP

OCTOBER 4, 2021

A 2020 SYSPRO survey showed that 60% of manufacturing and distribution businesses were impacted by supply chain disruptions during the pandemic. Here are examples of the tangible return-on-investment (ROI) ERP can bring to your business: Maintain competitive advantage with ERP. Use ERP to improve operations and efficiency.

Manufacturing Procurement 119

Manufacturing Procurement ERP Distribution Supply Chain Software 119

Logistics Viewpoints

MARCH 23, 2022

There are a variety of external data streams that also play a role in providing better visibility and improved ETAs. Companies are partnering with data aggregators to get a better idea of when shipments will arrive. However, the nuances and granularity of the data will vary depending on the mode. Real-Time Visibility Data.

Modeling Software 119

Modeling Software Logistics Network Optimization Software Supply Chain Software Survey 119

SYSPRO Smarter ERP

APRIL 11, 2022

The role of the CFO is being transformed by technological innovation and access to massive amounts of data, both inside and outside the organization. 65% of the CFO respondents surveyed revealed in order to thrive, they have shifted expenditure into new markets, product lines and technologies. The modern CFO. The SYSPRO CFO 4.0

Manufacturing Procurement 105

Manufacturing Procurement ERP Distribution Supply Chain Design Software 105

Freightos

MAY 23, 2024

Air cargo for example, though continuing to make digital strides, is still behind – and is often compared to – passenger travel where digitized capacity, pricing and online bookings have been around for decades and is in some ways the digitalization template air cargo is referencing.

Industry 112

Industry Logistics Network Optimization Software Price Reduction Logistics 112

Logistics Viewpoints

MARCH 9, 2022

Here is a look at some more key findings from the survey completed with Transporeon , as well as my interview with Transporeon CEO Stephan Sieber. As part of this research, we surveyed 106 individuals across a variety of industries and countries. Wait Times and Costs Can Add Up Quickly.

Supply Chain Planning Software 117

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Optimization Software 117

Logistics Viewpoints

AUGUST 7, 2024

Descartes’ 2024 Global Transportation Management Benchmark Survey shares responses from more than 630 companies, indicating there is a correlation between financial performance and the strategic importance senior management places on transportation. For example, Competitive Weapon companies are 3.4

Supply Chain Planning Software 103

Supply Chain Planning Software Cost Reduction Supply Chain Software Supply Chains 103

Logistics Bureau

DECEMBER 6, 2024

Looking to real-life examples for inspiration, we can ask, ‘Who does reverse logistics well?’ For regulators and the public, reverse logistics may be judged by how safe and how green the process is, for example, recycling products instead of throwing them into a landfill. Persuade the customer otherwise.

Reverse logistics 74

Reverse logistics Cost Reduction Vendor Strategies Inventory Reduction 74

SYSPRO Smarter ERP

MAY 17, 2022

Our latest research survey shows that 70% of manufacturing and distribution businesses experienced supply chain disruptions and 60% of businesses were unable to engage and collaborate with customers and suppliers in real-time. Immediacy: The Cloud allows for data and information to be shared immediately.

ERP 98

ERP Supply Chain Planning Software Supply Chain Software Supply Chains 98

Freightos

JUNE 4, 2024

More Resources Home June 4, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices decreased 5% to $5.43/kg

Logistics Network Optimization Software 118

Logistics Network Optimization Software Data Capacity Freight 118

Ship Monk

FEBRUARY 9, 2024

The process usually includes analyzing historical data for seasonal trends and product performance, as well as gathering current data on competitors, marketplace trends, future marketing plans and promotions. All of them rely on data, whether you’re using historical data or new findings gathered from consumer research.

eCommerce 105

eCommerce Operations Inventory Reduction Modeling Software 105

Logistics Viewpoints

AUGUST 23, 2021

In one McKinsey survey of more than 100 large organizations in multiple sectors, companies that regularly collaborated with suppliers demonstrated higher growth, lower operating costs, and greater profitability than their industry peers. The LevaData solution, for example, speeds up sourcing significantly.

Collaboration 114

Collaboration Supply Chain Planning Software Optimal Sourcing Modeling Software 114

SYSPRO Smarter ERP

MARCH 21, 2022

SCM solutions provide oversight of materials and products, and their associated data, as they move through the supply chain from supplier to consumer. By gaining access to the data in these processes, businesses are better able to coordinate workflows, improve efficiencies, and ensure that customers get the product they ordered.

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 116

CH Robinson Logistics

SEPTEMBER 28, 2021

Robinson’s own technology and data from the largest network in the freight industry, help our customers stay on top of the trends that influence their supply chains. As a researcher at Michigan State’s Broad College of Business, I will explain how I arrived at this figure, based on available data. Analysis of employment data.

Trucking 116

Trucking Blog Supply Chain Planning Software Supply Chain Design Software 116

Material Handling and Logistics

AUGUST 31, 2018

The solutions to supply chain problems boil down to the right combination of three factors—technology, data and processes. It’s true that the major issues in the supply chain—which were confirmed through MH&L ’s workforce survey process and published in an earlier article —are nuanced. Data is a critical business asset.

Supply Chain Design Software 145

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 145

Logistics Business Magazine

SEPTEMBER 13, 2022

Neil Adcock, Managing Director at Bis Henderson Consulting , reveals how to unlock the value hidden in returns data. To determine the appropriate returns strategy retailers need to understand what is going on and tapping into returns data may unlock some important insights. Getting hold of the data.

Data 54

Data Cost Reduction Purchasing Skills Sourcing Strategies 54

Logistics Viewpoints

OCTOBER 18, 2021

ARC Advisory Group’s warehouse labor survey has shown that 35% of warehouses have a seasonal surge in the number of workers they employ of over 20%. Amazon, for example, uses most of the hundreds of thousands warehouse workers they employ to support their retail operations, not their contract logistics division.

Survey 107

Survey Packing Supply Chain Design Software Supply Chain Planning Software 107

Freightos

FEBRUARY 4, 2020

And though the market index long predates digital computing, computing power combined with huge, aggregated data sets have proved fertile ground to improve visibility. As containerized freight has been slow to digitize in general, a reliable, data-driven, and actionable index has eluded the industry as well.

Optimal Sourcing 125

Optimal Sourcing Purchasing Skills Procurement Analytics Optimization Software 125

AIMMS

JULY 13, 2020

Additionally, most planning tools fail to incorporate the abstract data that’s required for this stage. How can you account for new products that don’t exist in master data? Often, demand planners are located in supply chain, where there is more data affinity. Pitfall #3: Demand is not owned by sales and marketing.

Scenario Planning 160

Scenario Planning Supply Chain Planning Software Resource Reduction Sourcing Strategies 160

AIMMS

JUNE 16, 2020

Our 2018- 2019 Network Design Survey showed that the majority of organizations are still relying on spreadsheets (nearly 60%) and gut feel (15%) to make network design decisions. This means that you can target very specific parts of your demand data and dynamically run different scenarios in those conditions to measure its effect.

Scenario Planning 144

Scenario Planning Supply Chain Design Software Supply Chain Design Optimization Modeling 144

Freightos

JUNE 4, 2024

America West Coast spot rates , for example, have spiked more than 70%, passing the $5,000/FEU mark and their previous 2024 high hit in February when prices first soared on the start of Red Sea diversions. Since the end of April, Asia – N. Learn more about Freightos Terminal here.

Groups 116

Groups Capacity Freight Survey 116

Freightos

JANUARY 15, 2024

For example, the Freightos Baltic Index indicates a 69% increase to North America’s East Coast and a staggering 226% to Northern Europe since the crisis began. He’s obsessed with marketing, data storytelling (it’s a thing!) and bakes really good cookies.

Negotiating Skills 127

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 127

Logistics Viewpoints

JANUARY 25, 2024

Instead start with the foundation of your AI strategy, which should be an understanding of your company’s supply chain and your data. Planners are buried in tedious tasks using legacy, fragmented technology, which 48% say doesn’t help them do their job effectively, according to a survey by the boom! Global Network.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 120

SYSPRO Smarter ERP

JULY 4, 2022

According to the recent SYSPRO global research survey, an enormous 82 percent of Fabricated Metal Manufacturers experienced supply chain and material handling disruptions over the past twelve months. Time-stamped data records can be integrated with a cloud ERP system to improve the ability to make decisions quickly and optimize operations.

Optimization Software 111

Optimization Software ERP Supply Chain Software Manufacturing Procurement 111