Logistics Viewpoints

NOVEMBER 19, 2024

When shoppers were asked what would put them off making more ecommerce purchases in the future, 21% indicated they’d had negative delivery experiences, 20% said deliveries were not reliable, and 17% were dissatisfied with the delivery process. Similarly, maintaining a strong chain of custody (e.g.,

Cost Reduction 88

Cost Reduction Resource Reduction Price Reduction Vendor Strategies 88

SYSPRO Smarter ERP

MAY 30, 2022

Disruptions like the pandemic, supply shortages, global trade barriers, high customer expectations and inflation all add tremendous pressure on the procurement process. Despite this, only 33% of businesses invested in procurement and sourcing technologies. Using ERP to improve purchasing transparency.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 98

WorkWave

AUGUST 4, 2020

In the grand scheme of things, data analysis falls into the categories of descriptive, predictive, and prescriptive. While descriptive data presents existing figures, predictive data allows you to draw insights from trends in your descriptive data in order to make an educated guess about what might happen next.

Data 91

Data Procurement Analytics Sourcing Strategies Ordering 91

Logistics Bureau

DECEMBER 22, 2024

Of course, the big challenge in this type of external benchmarking is obtaining the necessary data, since many companies are wary of sharing performance data with potential competitors. Instead, its merely a common-sense guide to those supply chain KPIs that can best provide actionable data for general management purposes.

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

GlobalTranz

NOVEMBER 14, 2016

Big data will be a defining force in the future of logistics, but the benefits of big data are already being felt. This graphic shows the true scope of impact of big data in the Transportation, SupplyChain & Logistics industries. . This goes back to lower operational costs too. Obviously, there is a lot going on.

Supply Chain Software 97

Supply Chain Software Supply Chains Data Optimal Sourcing 97

Trinity Logistics

OCTOBER 31, 2021

Transportation Management software offers you a way to view insightful data, gain visibility, and better manage all the moving parts in the shipping process. Transportation management affects every part of your logistics process, from planning to procurement and more. How do you gather and view data? your logistics? Automation.

Optimization Software 126

Optimization Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 126

GlobalTranz

MAY 20, 2015

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). Cost of quality. The definition of this metric is similar to the way it sounds.

Procurement Analytics 99

Procurement Analytics Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 99

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. Some supply chain companies are leaning on the power of analytics to help streamline their processes and get ahead of their competitors. Hanesbrand Inc. ,

Supply Chain Software 69

Supply Chain Software Procurement Analytics Supply Chains Data 69

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

MARCH 3, 2025

ARC has been actively studying industrial AI for over two years. For example, if an asset issue was detected, solving that issue could involve multiple applications used by multiple people, seeing different information, entering different data, bouncing emails and texts back and forth, and moving information from one place to another.

Packing 75

Packing Supply Chain Design Software Negotiating Skills Supply Chain Planning Software 75

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

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 116

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

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 115

Supply Chain Planning Software Supply Chain Software Collaboration Supply Chains 115

Logistics Viewpoints

OCTOBER 2, 2023

ARC Advisory Group did a study on the supply chain collaboration network (SCCN) a couple of years ago. In that study, FourKites 2021 revenues were estimated to be $65 million. FourKites believes they have the largest repository of supply chain data in the world. That is fast growth. What accounts for FourKites Growth?

Supply Chains 125

Supply Chains Inventory Reduction Cost Reduction Procurement Solutions 125

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 98

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

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

Logistics Viewpoints

JANUARY 26, 2021

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. In a study of logistics providers conducted by Fraunhofer IML, only 36% of organizations reported that they had a clear overall plan for digital transformation.

Supply Chain Software 119

Supply Chain Software Definition Supply Chain Planning Software Supply Chains 119

Logistics Bureau

JANUARY 3, 2025

Quality and Detail of Data and its Analysis In some of our earlier posts, weve stressed the importance of simplicity in distribution network design , and we will return to that topic later in this article. It would be folly not to take advantage of data availability and accessibility.

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Design Distribution Networks 75

Talking Logistics

MARCH 9, 2017

In a study conducted by Accenture in 2015 of chemical companies, results showed that 94 percent expect to boost their investment in digital capabilities in the next three years to embrace a competitive advantage. EDI is historically a one-to-one exchange of information where companies focus on delivering data with a trading partner.

Supply Chain Software 90

Supply Chain Software Supply Chains Networks Optimal Sourcing 90

Logistics Viewpoints

AUGUST 4, 2021

Furthermore, COVID-19 exacerbated the existing shift from retail store purchases to e-commerce transactions, with a 32 percent increase in 2020 US e-commerce sales, according to the US Census Bureau. Here are a few more data points supporting the ongoing labor needs of warehousing and transportation operations.

Supply Chain Software 111

Supply Chain Software Supply Chains Procurement Analytics Warehousing 111

GlobalTranz

OCTOBER 29, 2015

We conclude our ongoing series in talking about effective KPI management by giving you a real live Logistics KPIs management case study from Whirlpool's engagement with a logistics service level provider. We hope the following case study shows you the proverbial proof in the pudding of effective Logistics KPIs management. .

Case Study 93

Case Study Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 93

AIMMS

JULY 9, 2015

A recent report by the ACE European Group identifies supply chains as of the biggest sources of concern for European businesses today. On the other hand, there is a rising need for smarter and more flexible tools as well as more staff with analytical capabilities. You trade data visibility for responsiveness.

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Software Optimization Software Optimal Sourcing 91

Blue Grace Logistics

JULY 17, 2023

Wholesale Weakness Slowing US Inventory Destocking Show Submenu Resources The Logistics Blog® News Press Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - July 17, 2023 The effort to cut inventories is being slowed as consumers reduce goods purchases, forcing companies to continually rebalance inventory.

Inventory Reduction 116

Inventory Reduction Inventory Manufacturing Procurement Resource Reduction 116

WorkWave

JUNE 17, 2024

Reporting and Analytics: Offers valuable reporting and analytics capabilities, allowing businesses to track key performance metrics and make data-driven decisions. By analyzing this data, companies can optimize operations, improve efficiency, and increase their bottom line.

Optimal Sourcing 96

Optimal Sourcing Sourcing Strategies Resource Reduction Optimization Software 96

Logistics Viewpoints

MARCH 1, 2021

The FDA issued an exposure modification order that allows the claim to be made that “scientific studies show that switching completely from conventional cigarettes to IQOS significantly reduces your body’s exposure to harmful or potentially harmful chemicals.”. By December 2019 the system and model were fully live.

Supply Chain Design Software 110

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

Talking Logistics

JULY 19, 2018

Visibility Enables Faster Procure-to-Pay and Order-to-Cash processes : for example, you can leverage Electronic Proof of Delivery (ePOD) and geofencing to initiate invoicing and payment process. . In case you missed it, check out my short video interview with William and David and our write-up of the case study.

Capacity 77

Capacity Efficiency Procurement Analytics Procurement Solutions 77

GlobalTranz

MARCH 17, 2016

Purchasing and supply executives predict that the global manufacturing industry will continue to expand. Predictive Data Analytics. Chinese executives see predictive analytics as the key to competing with U.S. Chinese executives see predictive analytics as the key to competing with U.S.

Manufacturing Procurement 64

Manufacturing Procurement Supply Chain Software Supply Chain Design Software Supply Chain Planning Software 64

Logistics Viewpoints

MARCH 20, 2023

This January the company reported that its annual recurring revenue grew at over 84% year-over-year. Based on ARC Advisory Group’s recently released study of the market, this puts them in the top 5. Data is stored just like you might sketch ideas on a whiteboard. In January of 2022, Dallas-based o9 Solutions was valued at $2.7

Supply Chain Planning Software 115

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

Logistics Viewpoints

DECEMBER 1, 2022

In the study we conducted in 2022 called “ Ecommerce: Is Retailer Fulfillment and Delivery Performance Keeping Up with Sales Growth? ”, convenience was cited as the number one reason consumers bought online and had their goods delivered—and it is consumers’ intention to have more ecommerce purchases delivered to the home.

Cost Reduction 119

Cost Reduction Resource Reduction Supply Chain Planning Software Logistics Network Optimization Software 119

GlobalTranz

MAY 6, 2015

There should be metrics involved to monitor these objectives to ensure success across the supply chain. These metrics should be reviewed frequently to ensure supply chain success. Order accuracy from 61% to 66%; Inventory is reduced by 5 percent; Order fill rate from 60% to 66% (Capgemini Consulting: 2015 3PL Study). Brainstorm.

Supply Chain Planning Software 127

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

Freightos

AUGUST 10, 2024

AI Popup #3) AI Popup #3 August 10, 2024 Dive deeper into freight data that matters Learn More For anyone who has played around with ChatGPT or Midjourney, it’s now clear that AI has the potential to be an incredible tool for enhancing efficiency and productivity.

Logistics Network Optimization Software 107

Logistics Network Optimization Software Modeling Software Supply Chain Planning Software Supply Chain Software 107

FreightWaves SONAR

JULY 10, 2023

Businesses are prioritizing the speed of data propagation within their supply chains. According to Gold, NRF members have made significant investments in data analysis to improve their ability to predict consumer demand to prevent bloated inventory levels that many large retailers experienced around this time in 2022.

Data 52

Data Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 52

GlobalTranz

DECEMBER 30, 2014

Just as in the following five examples that reveal interesting data related to the trucking industry. Transportation Metrics That Matter Most to Track and Improve Performance : How do you measure logistics efficiency and transportation metrics performance indicators when you are already doing the best job possible?

Blog 92

Blog Supply Chain Planning Software Modeling Software Expense Reduction 92

Logistics Viewpoints

JUNE 8, 2023

Yet many continue to use outdated technology and processes leading to increased costs, supply chain risks and poor customer delivery experiences overall, costing them market share in an online retail environment where market share is increasingly hard to come by. Cost is an important consideration as well.

Modeling Software 111

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

Logistics Viewpoints

AUGUST 11, 2023

It’s taking semiconductor firms more than twice as long as their peers in other industries to hire personnel such as technicians or mechanical engineers, with the typical process stretching to about three months, according to an analysis of the top 50 chip producers in the US by Revelio Labs, a labor-market data analyst. FedEx, the U.S.

Negotiating Skills 98

Negotiating Skills Logistics Network Optimization Software Purchasing Skills Material Savings 98

World Food Programme Logistics

OCTOBER 6, 2020

Study commissioned before the COVID-19 pandemic reveals poor diets cost the country 16.3 Photo: WFP/Carlos Alonzo By Peyvand Khorsandi Inadequate nutrition is taking a toll on people in Guatemala and risks turning back years of development gains, according to a new report published last week (Wednesday 30 September).

Procurement Analytics 52

Procurement Analytics Cost Reduction Purchasing Skills Resource Reduction 52

Material Handling and Logistics

JUNE 25, 2018

So the CSR score too is more of a popularity contest than a consistent metric. The slideshow that follows, then, is our coverage of Gartner’s rankings, which includes both comments from Gartner’s analysts as well as our own analysis, based on independent reporting. Media Type. Media Credit. Privacy Settings. anonymous user.

Supply Chain Planning Software 122

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 122