GlobalTranz

SEPTEMBER 12, 2016

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. Although procurement logistics might sound like it involves the purchasing of manufactured products , it is much more involved. The Definition of Procurement Logistics.

Manufacturing Procurement 101

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 101

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. 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.

Supply Chain Planning Software 166

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 166

Logistics Viewpoints

DECEMBER 15, 2022

quintillion bytes of data every day. Cluster analysis is a statistical umbrella term for methods that classify data points according to their attributes. Cluster analysis is a statistical umbrella term for methods that classify data points according to their attributes. The retail industry is rich with data.

Optimal Sourcing 132

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 132

Logistics Viewpoints

DECEMBER 17, 2024

However, as carbon taxes and emissions reporting requirements continue increasing, supply chain professionals face mounting pressures from inside and outside their organizations to measure and improve performance against new, nebulous sustainability metrics. Sustainability is high on the list of favorite corporate buzzwords.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Software Procurement Solutions Optimal Sourcing 96

Logistics Viewpoints

AUGUST 23, 2021

Depending on the industry, companies can see cost savings of 5 to 10% and revenue gains of 7 to 10%. Companies “seeking to increase data sharing and collaboration across their supply networks have faced three principal hurdles.” Those include trust issues, the operating model, and technology.

Collaboration 172

Collaboration Supply Chain Planning Software Optimal Sourcing Modeling Software 172

SYSPRO Smarter ERP

OCTOBER 9, 2023

Modern machinery is commonly fitted with real-time sensors but these are not very useful if there is no way to view and action the data from the sensors. Therefore, companies should have a system to collect and consolidate the data for reporting and analysis. This can be used in costing analysis and equipment profitability.

Manufacturing Procurement 111

Manufacturing Procurement Purchasing Skills Cost Reduction Optimal Sourcing 111

Logistics Viewpoints

APRIL 14, 2022

Experts from North Carolina State University and GEP conducted a survey on supply chain, procurement and IT leaders to determine their challenges and priorities, focusing on examining gaps in the supply chain. The study found that these leaders considered the largest gap to be between supply chain and procurement, citing it as a major issue.

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Software Collaboration Supply Chains 145

Logistics Viewpoints

JANUARY 26, 2021

The hyper-focus on meeting customer expectations is also creating pressures upstream in the supply chain, as manufacturers extend visibility and collaboration beyond their own walls to avoid any disruptions. To meet customers’ growing expectations for personalized offerings, the typical company’s product lines have grown exponentially.

Supply Chain Software 171

Supply Chain Software Supply Chain Planning Software Definition Supply Chains 171

Logistics Viewpoints

NOVEMBER 6, 2023

Suppliers are facing increasing pressure from the buyers of their goods and services to report their environmental, social, and governance data. Increasingly, companies will take sustainability criteria into account in their purchasing decisions. In short, the reported supplier data ripples up to a buyer’s Scope 3 calculations.

Supply Chain Planning Software 120

Supply Chain Planning Software Resource Reduction Material Savings Procurement Analytics 120

WorkWave

DECEMBER 9, 2024

This award featured two main categories, Small Business <$50 million and Enterprise >$49 million, and then five sub-categories within each main category: Procurement/ERP Software, Robotics, Supply Chain Visibility Solutions, WMS/TMS Software and Warehouse Automation.

Supply Chain Planning Software 104

Supply Chain Planning Software Procurement Solutions Supply Chain Design Software Logistics Network Optimization Software 104

Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. They are more likely to shop for discounts and sales and may delay purchases of some items.

Supply Chain Planning Software 133

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 133

Logistics Viewpoints

AUGUST 1, 2024

By embracing collaboration, real-time data, and a focus on sustainability, companies can build resilience, improve margins, and gain a competitive edge. Finally, the company collaborates closely with local suppliers, sharing real-time data on production requirements and inventory levels.

Supply Chain Design Software 169

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Scenario Planning 169

Blue Grace Logistics

JULY 27, 2021

Improving predictability in outcomes is valuable, but ensuring your supply chain is nimble enough to act on the data is even more so. We explore how predictive analytics and big data with human sentiments can add value and amplify their supply chain strategies. Concept of Predictive Analytics.

Procurement Analytics 62

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

Logistics Viewpoints

AUGUST 28, 2024

As a result, DPPs are emerging as a straightforward, common sense solution for meeting these needs efficiently. 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. What Components Comprise a Digital Product Passport?

Optimal Sourcing 154

Optimal Sourcing Optimization Software Supply Chain Software Optimization Modeling 154

Logistics Viewpoints

SEPTEMBER 20, 2022

This means we need more agile, flexible, and scalable planning platforms to process and consolidate new data sources, drive insights using advanced analytics such as AI/ML to drive autonomous decisions, and expand collaboration within and outside our organizations. We need planning platforms to keep up with all the changes.

Supply Chain Planning Software 136

Supply Chain Planning Software Supply Chain Software Scenario Planning Optimization Software 136

GlobalTranz

SEPTEMBER 23, 2021

Fewer labor resources are available to meet the rising demand in both the warehouse and in transit. ? A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. A stimulus on the horizon further increases the risks of a higher trend in consumer purchasing. transportation metrics ?that

Optimal Sourcing 123

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Negotiating Skills 123

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Why Choose a Job in the Supply Chain Industry?

Supply Chain Planning Software 118

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 118

SYSPRO Smarter ERP

NOVEMBER 1, 2021

We live in a time where we can purchase almost anything with a click of a button. 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. Transitioning to B2B e-Commerce.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Inventory Reduction 111

Logistics Viewpoints

AUGUST 18, 2021

Data as recent as the end of June 2021 show that inventories remain below 1.3 With that said, let’s take a look at some recent and more granular data on sales, prices, and supply chain performance. I question if this is a data anomaly. However, the CPI report did state, “ the index for used cars and trucks rose 0.2

Supply Chains 199

Supply Chains Manufacturing Procurement Purchasing Skills Price Reduction 199

SYSPRO Smarter ERP

AUGUST 17, 2022

Manufacturers and distributors can optimize their inventory management using some of the latest emerging technologies, including machine learning, data analytics, artificial intelligence, and cloud computing. In the new normal, a data-driven approach to inventory management provides the basis for better and faster decisions.

Optimal Sourcing 105

Optimal Sourcing Optimization Software ERP Inventory Reduction 105

Ship Monk

APRIL 5, 2024

The fact is, most business owners think of procurement as nothing more than a transactional relationship. The process involves collecting quantitative and qualitative data concerning vendor-provided goods and services, and analyzing this data for opportunities to improve (or reasons to end) the relationship. If so, good on you!

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 105

FreightWaves SONAR

FEBRUARY 11, 2021

As reported by DC Velocity , “the 2020 Fleet Advantage Industry Benchmark Survey noted, “11% of transportation fleets estimate they have saved more than $1 million in crash avoidance by upgrading to newer trucks with advanced safety features.” The data from benchmarking trucking fleets provides companies with a wealth of information.

Procurement Analytics 98

Procurement Analytics Trucking Optimization Software Operations 98

Material Handling and Logistics

JANUARY 10, 2018

These standards define how IoT devices will communicate, and how data will be collected, processed, handled, stored, and summarized. Strong players in the market will emerge as platform providers to aggregate the IoT data and provide key insights into that data that drive better business decisions in 2018.

Supply Chain Design Software 144

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 144

Material Handling and Logistics

SEPTEMBER 27, 2018

Shippers can leverage their negotiated rates from their existing carrier relationships, and compare the full depth of market pricing across the spot bidding marketplace to find the best rates for the best service or to find extra capacity to meet excess demand. Get more rates by connecting with more carriers.

Supply Chain Software 161

Supply Chain Software Optimization Software Purchasing Skills Negotiating Skills 161

Blue Grace Logistics

NOVEMBER 1, 2024

As more consumers and businesses move to online platforms for purchases, the shipping industry must adapt to new demands. These enhancements help carriers meet tighter delivery windows and ensure accuracy, enabling them to stay competitive in the fast-paced e-commerce market.

Price Reduction 106

Price Reduction Vendor Strategies Supply Chain Planning Software Cost Reduction 106

SYSPRO Smarter ERP

APRIL 26, 2023

An ERP system brings financial, manufacturing, and business data into one central place so staff and management can have a complete view of how different business areas are working in real-time. Data from the system can then be used to track how corrective actions are making improvements.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing ERP Supply Chain Design Software 98

SYSPRO Smarter ERP

MAY 10, 2022

This should also integrate with inventory management and procurement so that goods are ordered in time and there is visibility over stock items. Managers should be able to analyze the costs of customized orders to identify where improvements can be made in labor hours worked, and other areas where costs can be lowered, such as reducing waste.

Manufacturing Procurement 111

Manufacturing Procurement ERP Procurement Solutions Optimal Sourcing 111

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. As reported by Brian Barry of Multichannel Merchant , it is simple: “Don’t try to write and enforce the ideal policy in one step. It’s only challenging to get a handle on the volume.

Purchasing Skills 100

Purchasing Skills Freight Procurement Analytics Optimal Sourcing 100

Logistics Business Magazine

OCTOBER 23, 2024

Fast and free shipping has become a cornerstone of success in e-commerce with 75% of consumers prioritizing it when making purchasing decisions. Offering this service presents significant challenges, however, from rising operational costs to balancing customer expectations with profitability.

Cost Reduction 55

Cost Reduction Price Reduction Expense Reduction Resource Reduction 55

Ship Monk

MARCH 21, 2024

Customers are mostly anonymous, and purchases are made or abandoned, seemingly on a whim. Today’s CRM platforms have adapted and expanded their tools to meet the needs of ecommerce businesses. Customer relationship management systems collect and centralize all the important data about a business’ customers (and potential customers).

Optimization Software 105

Optimization Software eCommerce Logistics Network Optimization Software Procurement Solutions 105

Logistics Viewpoints

DECEMBER 14, 2021

Q-commerce companies need to make sure the inventory levels are managed at each fulfillment center (darkstore, or MFC) in a way to maximize availability and minimize waste and also constantly adjusted to meet the local demand, which can vary due to customer demographics, local events and promotions, and the competitive offerings.

Supply Chain Planning Software 134

Supply Chain Planning Software Supply Chain Design Software Optimization Software Supply Chain Software 134

Trinity Logistics

AUGUST 3, 2021

Having a TMS for your supply chain can help provide your company with greater visibility, better reporting, and improved performance through automating many manual processes. There’s a big difference between purchasing software to use from a company and working with a 3PL that offers it as a solution. We understand.

Supply Chain Design Software 138

Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software Procurement Solutions 138

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 113

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 113

Logistics Bureau

OCTOBER 20, 2021

You see, the set of primary data needed to keep an airliner aloft is (apparently) relatively simple—and the same is true of running a supply chain organisation. These key metrics become your organisation’s “multi-function display” and give you the primary data needed to monitor and manage “normal flight conditions.”

Supply Chain Design Software 110

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 110

Conger

MARCH 28, 2024

Technologies like artificial intelligence continue to enhance these capabilities to become more attractive and allow new visualizations and data collection standards. Telematics collect and transmit vehicle speed, mileage, and fuel consumption data, while GPS allows precise location tracking.

Optimization Software 72

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 72

SYSPRO Smarter ERP

APRIL 22, 2024

” Dan Holme, director of product marketing for Yammer, SharePoint, OneDrive, and Stream Efficiency in Data Automation With an ERP, you no longer tie up resources in manual accounting and data entry. The same data can be transferred throughout multiple layers of the operation. The biggest variable here is consulting costs.

Manufacturing Procurement 105

Manufacturing Procurement ERP Procurement Solutions Supply Chain Planning Software 105

Logistics Viewpoints

MARCH 20, 2023

This January the company reported that its annual recurring revenue grew at over 84% year-over-year. 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. billion after a funding round.

Supply Chain Planning Software 146

Supply Chain Planning Software Modeling Software Procurement Solutions Supply Chain Software 146