Logistics Viewpoints

MARCH 25, 2024

Infor’s CEO, Kevin Samuelson Infor’s strategy for differentiating their business from competitors like SAP and Oracle rests on a truly differentiated approach to ensuring that their customers get ongoing value from the business applications they purchase. Infor, with anticipated revenues of $3.4 We just want them solved.”

Vendor Strategies 121

Vendor Strategies Resource Reduction Material Savings Supply Chain Design Software 121

SYSPRO Smarter ERP

AUGUST 31, 2023

If you are a finance professional in a manufacturing business, your main goals are to reduce risk, improve profitability, and maintain high levels of compliance. To do that, you need to access accurate data and create insightful reports for GL, as well as other finance and operational needs. Stale data. It is slow.

Optimal Sourcing 111

Optimal Sourcing Optimization Software Data Optimization 111

3PL Links

NOVEMBER 26, 2024

Image source: Pexels | Everything You Should Know About Automation in Fulfillment Logistics Introduction to Automation in Logistics Have you ever thought about how Amazon delivers packages quickly and efficiently? And how does technology change the way products are shipped? Automated systems can track inventory in real-time.

Supply Chain Software 62

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

SYSPRO Smarter ERP

FEBRUARY 24, 2025

The real benefit of implementing an ERP system lies in integrating core business functions such as finance, inventory management, production and sales into a single, unifying platform that provides a business-wide view using centralized data. An ERP system can import and make use of other data such as that from IoT devices.

ERP 94

ERP Resource Reduction Cost Reduction Inventory Reduction 94

Dedola Global Logistics

DECEMBER 16, 2019

An experienced forwarder or third-party logistics company (3PL) can help you improve your bottom line by reducing your soft costs in addition to saving you money on hard costs. For instance, things like fuel prices, hourly wages for employees, and materials are some hard costs. How can importers and exporters reduce soft costs?

Cost Reduction 87

Cost Reduction Negotiating Skills Material Savings Resource Reduction 87

Material Handling and Logistics

JUNE 7, 2018

As the pressures on supply chain teams—including those for sustainability, cost efficiency, and disruption and risk mitigation—are increasing and growing in complexity, supply chain organizations are struggling to both collect and analyze an overwhelming amount of data scattered across different processes, sources, and siloed systems.

Supply Chain Planning Software 144

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 144

GlobalTranz

NOVEMBER 17, 2016

Supply chain leaders are enthralled with the idea of using big data, but they tend to fail to understand how to disseminate big data in their organization properly. Ask Traditional Questions, and Let Big Data Provide Answers. Raw material suppliers and logistics. However, the fundamental problem remains.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Software Procurement Solutions Supply Chain Design 115

SYSPRO Smarter ERP

NOVEMBER 1, 2021

Industries are facing the need to plan new strategies and invest more in technology to gain a stronger foothold. A B2B e-commerce strategy is therefore becoming increasingly necessary for manufacturing businesses that want to better sell their products or procure the necessary components for manufacturing them.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Inventory Reduction 111

GlobalTranz

SEPTEMBER 14, 2016

Getting the raw materials needed to maintain production is one of the most important parts of the whole supply chain. If raw materials are unavailable, all subsequent processes are affected, which may result in increased costs to consumers and the respective companies as well. Increase Lead Time for Carriers Wherever Possible.

Manufacturing Procurement 102

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Material Savings 102

GlobalTranz

OCTOBER 24, 2016

Patrick gives us some insight into workplace efficiency and how to reduce waste. . The lean concept, itself, is a strategy created to simplify, organize and optimize a working environment. Targeting Workplace Efficiency and Reducing Waste . If possible, reduce produced products based on consumer demand. .

Waste Reduction 99

Waste Reduction Inventory Reduction Resource Reduction Cost Reduction 99

WorkWave

JULY 28, 2024

As a result, there is a higher demand for the transportation of medical supplies — including medications, medical materials, sensitive materials, biological materials from the healthcare sector, diagnostic equipment, and laboratory specimens — to cater to the needs of individuals with chronic conditions.

Material Savings 93

Material Savings Optimization Software Logistics Network Optimization Software Cost Reduction 93

EazyStock

NOVEMBER 19, 2020

Yet inventory replenishment planning – done correctly – can have a really positive impact on your business in terms of improving operational efficiency, reducing supply chain risk and enhancing bottom line profitability. Quantity – is the discount achieved by bulk-buying outweighed by higher carrying costs and tying up additional capital?

Replenishment 98

Replenishment Optimal Sourcing Inventory Reduction Supply Chain Planning Software 98

3PL Insights

FEBRUARY 17, 2020

More recently, however, a major risk has materialized in the logistics industry – cybersecurity. Supply chains are part of a complex global system where data and information are shared through cyberspace. Therefore, it is critical that logistics companies invest in ways to safeguard sensitive data and information.

Supply Chain Planning Software 90

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 90

GlobalTranz

APRIL 20, 2021

Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic. It’s the result of a deliberate strategy that may require tradeoffs compared to other approaches. This strategy requires greater investment and inventory carrying costs but enables continued production.

Supply Chain Planning Software 115

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

The Logistics of Logistics

NOVEMBER 19, 2020

In the podcast interview, Nick provides strategies for developing, marketing, and implementing freight technology that will be sticky. To succeed, both startups and companies at scale need to make decisions about how to effectively acquire new customers and address their target audience. Use data to see what features are getting used.

Material Savings 195

Material Savings Buyer Training Supply Chain Software Logistics Network Optimization Software 195

SYSPRO Smarter ERP

NOVEMBER 30, 2021

Material scarcity:? While materials shortages are not new, they were exacerbated by the surge in demand once pandemic-induced lockdowns blocked off primary avenues for raw materials. labor, materials and warehousing, to IT, freight and safety. More costly operations:? Stay Agile, Get Ahead.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Manufacturing Procurement 105

ECW

OCTOBER 3, 2024

Our discussion spanned various critical areas, including the distinguishing features of these commodities, the impact of global supply chain dynamics, and the essential strategies for managing risks and operational challenges. Then theres the rising cost of raw materials, which puts pressure on everyone in the supply chain.

Inventory Reduction 130

Inventory Reduction Material Savings Vendor Strategies Cost Reduction 130

Logistics Bureau

NOVEMBER 9, 2020

Key Cycles to Target for Working Capital Reduction. By shrinking one or more of these cycles, you can impact the cash conversion cycle positively and reduce the need for working capital. How to Reduce Cycle Times. You can reduce handling by: Automating your warehouse processes. These are: Customer orders.

Material Savings 98

Material Savings Vendor Strategies Inventory Reduction Supply Chain Software 98

Blue Grace Logistics

MAY 6, 2022

Data and optimization can improve efficiencies in supply chains, save shippers money and reduce greenhouse gas emissions, according to logistics experts who shared insights last Friday in honor of National Supply Chain Day. “In Data gives shippers insights. Efficient, sustainable supply chains go hand in hand.

Supply Chain Design Software 62

Supply Chain Design Software Optimization Software Supply Chain Software Waste Reduction 62

Logistics Viewpoints

MARCH 25, 2021

How To Overcome Supply Chain Disruption. The average cost of a data breach reached $3.86 Your transportation consultant can help develop response strategies to ensure your supply chain continues to operate while the problem is addressed. Utilize a TMS That provides real-time data to remain agile.

Supply Chain Planning Software 131

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 131

SYSPRO Smarter ERP

SEPTEMBER 29, 2021

A drastic reduction in vehicle distance travelled, fewer collisions, resulting in reduced demand. The industry needs to examine how to adapt key elements of the business value chain to address these changes. Reduced and variable demand, vehicle innovations and lower-priced cars are affecting profitability.

Supply Chain Design Software 105

Supply Chain Design Software Supply Chain Planning Software ERP Optimization Software 105

GlobalTranz

OCTOBER 9, 2015

Industrial IoT and big data are converging to enable demand-driven 'smart supply chains.' According to industry standard ASTM F2792-10 , AM is defined as, "The process of joining materials to make objects from 3D model data, usually layer upon layer, as opposed to subtractive manufacturing technologies.".

Manufacturing Procurement 125

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 125

Logistics Bureau

JUNE 14, 2021

Those withstanding the supply chain turmoil were the ones with solid risk mitigation strategies and playbooks in place and investment already sunk into supply chain resilience. Exchanging data with other organisations requires a level of trust that can only be achieved through active relationship-building. Collaboration.

Supply Chain Planning Software 85

Supply Chain Planning Software Optimal Sourcing Supply Chains Inventory Reduction 85

GoShip Blog

AUGUST 27, 2024

High shipping costs can really weigh down a business, especially if you move products or materials regularly. For many companies, figuring out how to cut down on shipping costs is a big deal. If you show loyalty and consistent business, carriers might offer you volume discounts, special rates, or other perks.

Cost Reduction 40

Cost Reduction Material Savings Negotiating Skills Expense Reduction 40

Logistics Viewpoints

JANUARY 17, 2023

Despite their best efforts, current events and market dynamics caught up with them, leading to issues managing their suppliers and sourcing the materials needed for their products. How to Move Forward. A holistic, unified view of sourcing that brings bills of material, master data management and downstream systems.

Supply Chain Software 110

Supply Chain Software Optimization Software Optimal Sourcing Logistics Network Optimization Software 110

GlobalTranz

MAY 6, 2015

One reason may be that they haven’t made the paradigm shift as to how to implement lean. Reduce Lead Time. Reducing inbound and outbound transportation logistics gets us closer to customer demand which results in reduced reliance on forecasting, increased flexibility, and reduced waste of”overproduction”.

Supply Chain Planning Software 127

Supply Chain Planning Software Waste Reduction Inventory Reduction Supply Chain Software 127

Log-hub

MAY 22, 2024

In today’s complex and interconnected global economy, managing supply chains has evolved into a sophisticated discipline that requires advanced tools and strategies. TIER 3 AND BEYOND : Further upstream suppliers contributing raw materials or components used by Tier 2 suppliers. Tools like dashboards and reports are commonly used.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Material Savings Supply Chain Planning Software 52

Log-hub

MAY 22, 2024

In today’s complex and interconnected global economy, managing supply chains has evolved into a sophisticated discipline that requires advanced tools and strategies. TIER 3 AND BEYOND : Further upstream suppliers contributing raw materials or components used by Tier 2 suppliers. Tools like dashboards and reports are commonly used.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Material Savings Supply Chain Planning Software 52

FreightWaves SONAR

MARCH 18, 2021

Supply chain constraints are impossible to avoid, but they can be planned for to reduce their impact. So, it’s equally valuable to know the constraints and to apply data to overcome them with mini-bids. And lane-by-lane insights are critical to account for that disruption among raw material suppliers and the flow of outbound freight.

Manufacturing Procurement 91

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 91

SYSPRO Smarter ERP

OCTOBER 20, 2021

Manufacturers and distributors want to dramatically increase their efficiency, productivity and accuracy through smart technologies, data analytics and connected services. Digitization: from analogue information to digital data. The first step, therefore, is to get all your information – documents and data – into a digital format.

Digital 133

Digital Factories Supply Chain Planning Software Supply Chain Software 133

Conger

APRIL 19, 2024

Just like how your phone’s fitness app keeps you in check by tracking every step, this tech gives a clear view into how fuel gets used and the way forklift drivers handle their rides, all in real-time. With heaps of data right there for the taking, deciding on the best moves for your fleet becomes a breeze.

Optimization Software 81

Optimization Software Data Materials Handling Resource Reduction 81

Logistics Bureau

OCTOBER 10, 2022

At this point, perhaps you’re wondering if we’re suggesting you reduce your service levels to lower the amount of inventory you hold. In that case, some customers will be incentivised to accept some slightly increased risk of products on backorder, maybe enabling you to reduce the inventory levels of those products.

Inventory Reduction 105

Inventory Reduction Inventory Optimization Modeling Optimization Software 105

Conger

DECEMBER 13, 2022

If you're looking for ways to reduce lead times, you’re in the right place. Because in this post, you’ll find 11 effective strategies for doing just that. The closer the supplier is to your warehouse or manufacturing plant or location , the easier it is to reduce lead times. Let's dive in! Table of Contents. Easier returns.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Vendor Strategies Waste Reduction 52

Ship Monk

SEPTEMBER 14, 2022

That means we’re not counting raw materials, goods in the process of being manufactured, goods you ordered but haven’t paid for yet, or goods you already sold but haven’t shipped out yet. By value , we mean how much that inventory cost to make or purchase, plus how much it’s costing you to store it. Let’s break that down.

Inventory Reduction 98

Inventory Reduction Inventory Purchasing Skills Manufacturing Procurement 98

WorkWave

JULY 12, 2024

Proper waste management is crucial for businesses of all sizes, not only to comply with regulations but also to minimize environmental impact and reduce costs. By analyzing collection routes and schedules, businesses can identify areas for efficiencies that reduce fuel consumption, emissions, and overall costs. Enforce Ordinances 4.

Waste Reduction 52

Waste Reduction Waste Material Savings Cost Reduction 52

Material Handling and Logistics

AUGUST 10, 2018

That approach can net some short-term savings, but if that’s all you do, you’re probably leaving money on the table. So how can you better control your indirect spend? If you’ve tried to trim costs by buying cheaper cutting tools, but their low quality means you’ll use more of them, are you really saving money?

Negotiate Pricing 90

Negotiate Pricing Negotiating Skills Purchasing Skills Procurement Solutions 90

Logistics Business Magazine

APRIL 18, 2024

Wincanton , experts in infrastructure logistics, have provided insight into how to anticipate issues within the supply chain. Predictive analytics Many companies may not realise they have existing data from within their industry of trends, fluctuations, and disruptions that regularly occur.

Supply Chain Planning Software 57

Supply Chain Planning Software Supply Chain Software Supply Chains How To 57