The Logistics of Logistics

SEPTEMBER 25, 2023

Paul is the Founder and Chief Strategy Officer of Verusen , a supply chain intelligence platform, purpose-built to help manufacturers streamline their MRO supply and materials management. About Paul Noble As Founder and Chief Strategy Officer of Verusen, Paul Noble oversees the company’s vision and strategic direction.

Optimal Sourcing 398

Optimal Sourcing Material Savings Sourcing Strategies Inventory Reduction 398

Logistics Viewpoints

AUGUST 25, 2021

Below are some transportation strategies for success for suppliers of TMS, TES, and MTS. Coronavirus has changed the outlook for direct-to-consumer commerce, and a TMS is now a critical component of this strategy. Electronic data interchange (EDI) solutions have proven deficient in providing robust visibility. Look to the Cloud.

Price Reduction 180

Price Reduction Cost Reduction Expense Reduction Supply Chain Planning Software 180

Logistics Business Magazine

OCTOBER 24, 2024

But by implementing data driven maintenance strategies these cost, performance, and environmental impacts can be greatly reduced. This may appear to reduce unnecessary downtime and cost, but is a high-risk strategy. An intelligent data-driven approach Maintenance doesn’t have to be this arbitrary.

Materials Handling 54

Materials Handling Material Savings Waste Reduction Cost Reduction 54

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. Data-driven decision making with ERP as a single source of the truth.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 105

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. Data-driven decision making with ERP as a single source of the truth.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 98

CLX Logistics

NOVEMBER 13, 2023

The podcast, titled “Navigating the Future: Data-Driven Supply Chain,” served as a platform for CLX Logistics to underscore the pivotal role of data in shaping the future of supply chain operations.

Supply Chain Software 65

Supply Chain Software Resource Reduction Cost Reduction Optimal Sourcing 65

CLX Logistics

NOVEMBER 21, 2023

When looking ahead to the future, it’s crucial to reflect on the past year, identify emerging trends, and strengthen strategies for benchmarking and procurement. The focus shifted towards salary and personnel-based internal strategies, allowing them to stabilize in comparison.

Optimal Sourcing 66

Optimal Sourcing Manufacturing Procurement Procurement Cost Reduction 66

Logistics Viewpoints

APRIL 1, 2021

In a previous post , I made a case for how the Chief Supply Chain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. Accordingly Supply Chain and Procurement will need continuous collaboration. By aligning supply chain and procurement, spend can be considered more holistically.

Optimal Sourcing 129

Optimal Sourcing Manufacturing Procurement Procurement Analytics Supply Chain Planning Software 129

CLX Logistics

FEBRUARY 22, 2024

Procurement management stands at the crossroads of technological innovation and strategic decision-making. As organizations strive to enhance operational efficiency, mitigate risks, and capitalize on emerging opportunities, the role of Artificial Intelligence (AI) and Machine Learning (ML) in procurement has become increasingly prominent.

Optimal Sourcing 52

Optimal Sourcing Procurement Negotiating Skills Supply Chain Software 52

Logistics Business Magazine

SEPTEMBER 7, 2023

Most shippers, carriers and logistics service providers understand the importance of data collection and data-driven decision-making. Data collected over time provides intelligence, enabling companies to enhance long-term decision-making. Artificial intelligence is a potent tool that helps companies get the most from their data.

Logistics Network Optimization Software 62

Logistics Network Optimization Software Data Modeling Software Negotiating Skills 62

Ship Monk

APRIL 23, 2024

Measuring your output will enable you to develop strategies toward reducing your output, and show your customers the progress you’re making. Sustainability Strategies for Ecommerce Businesses You’re not going to become a sustainable company overnight, so it’s best to attack the problem a little at a time.

Waste Reduction 103

Waste Reduction Inventory Reduction Resource Reduction Cost Reduction 103

SYSPRO Smarter ERP

JANUARY 12, 2022

Procurement in manufacturing companies is often not done correctly. With direct and indirect materials making up at least 50% of typical manufacturing costs, the procurement function could be re-imagined so companies can be more responsive to customer demands and more agile when dealing with supply chain challenges.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Supply Chain Planning Software 105

Logistics Viewpoints

OCTOBER 17, 2024

Treating suppliers as essential partners in the field of direct spend management—almost like customers—can be a key component of a successful company strategy. Market Intelligence: Suppliers often have access to valuable business and supply market intelligence, which can inform a company’s strategy especially in the area of direct spend.

Supply Chain Planning Software 146

Supply Chain Planning Software Manufacturing Procurement Supply Chain Design Software Optimal Sourcing 146

FreightWaves SONAR

OCTOBER 22, 2024

SCORE is not just another tool–it’s a community-driven platform that will enable shippers to benchmark their entire supply chain network using robust data backed by a team of market experts. You’ll gain a deeper understanding of how SCORE addresses key paint points and what that can mean for your strategy.

Supply Chain Design Software 52

Supply Chain Design Software Resource Reduction Price Reduction Optimal Sourcing 52

FreightWaves SONAR

APRIL 13, 2021

With the proper use of data and freight analytics , contract procurement and securing capacity can be enhanced. The incredible insights that accurate data has to offer combats volatility and unearths a clear understanding of what’s actually happening in the market. Those are the founding principles behind SONAR SCI Lane Acuity.

Negotiating Skills 97

Negotiating Skills Optimal Sourcing Sourcing Strategies Data 97

The Logistics of Logistics

OCTOBER 30, 2023

Over his 30+ year career in the supply chain, Richard has worked with manufacturers around the world in operations, supply chain, and lean strategy roles to develop systems that can manage complex supply chains on a global scale. Richard previously founded and led Factory Logic, Inc. acquired by SAP). The Greenscreens.ai

Inventory Reduction 366

Inventory Reduction Optimal Sourcing Supply Chain Design Software Inventory 366

CLX Logistics

NOVEMBER 21, 2023

When looking ahead to the future, it’s crucial to reflect on the past year, identify emerging trends, and strengthen strategies for benchmarking and procurement. The focus shifted towards salary and personnel-based internal strategies, allowing them to stabilize in comparison.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Procurement Cost Reduction 52

SYSPRO Smarter ERP

JANUARY 9, 2023

Manufacturers increasingly turning to data and analytics, from an ERP system, to support business initiatives. Data is after all the fuel that runs the Fourth Industrial Revolution. Challenges to using data. Many manufacturers are data-rich but when it comes to using it they are insight-poor.

Manufacturing Procurement 111

Manufacturing Procurement ERP Data Logistics Network Optimization Software 111

Logistics Viewpoints

JULY 24, 2024

Robotic Process Automation Deployment According to the APQC data, organizations are exploring Robotic Process Automation across a number of supply chain areas, including supply chain planning, sourcing and procurement, logistics and warehousing, and manufacturing.

Supply Chain Software 164

Supply Chain Software Supply Chain Planning Software Manufacturing Procurement Supply Chains 164

Logistics Viewpoints

MAY 13, 2024

This technology allows businesses to unify their procurement, expense management, invoicing, payments, sourcing, contract management, and spend analysis processes and reporting. The public cloud gives Coupa visibility to $6 trillion in transactional data that passes through their platform. “15 The best data makes for the best AI.

Procurement Solutions 148

Procurement Solutions Modeling Software Procurement Analytics Logistics Network Optimization Software 148

The Logistics of Logistics

AUGUST 28, 2023

Her supply chain and traditional G&A consulting background bring a unique perspective to clients who must work across their organizations to drive supply chain initiatives with Procurement, IT, Operations, and the C-suite. At DAT, she has been instrumental in growing the shipper practice. The Greenscreens.ai

Supply Chain Planning Software 363

Supply Chain Planning Software Logistics Network Optimization Software Optimization Software Optimal Sourcing 363

FreightWaves SONAR

MARCH 15, 2021

Supply chain professionals responsible for transportation procurement at Fortune 500 companies focus on three things – budget forecast accuracy, service scores and primary tender acceptance. Advancements in tender data science and paid market data now power SONAR SCI (Supply Chain Intelligence) Lane Acuity Plus.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

FreightWaves SONAR

OCTOBER 22, 2024

SCORE is not just another tool–it’s a community-driven platform that will enable shippers to benchmark their entire supply chain network using robust data backed by a team of market experts. You’ll gain a deeper understanding of how SCORE addresses key paint points and what that can mean for your strategy.

Supply Chain Design Software 40

Supply Chain Design Software Resource Reduction Price Reduction Optimal Sourcing 40

Material Handling and Logistics

DECEMBER 14, 2018

Learn how to organize your data operations in alignment with supply chain strategy. Complex supply chains generate more data, which companies can use to drive greater efficiency or engage in innovation that disrupts an entire industry—think Amazon. More data is coming in than ever before.

Supply Chain Software 166

Supply Chain Software Optimal Sourcing Supply Chains Sourcing Strategies 166

The Logistics of Logistics

FEBRUARY 11, 2022

Lynch and his team leverage data intelligence and strong industry relationships to help clients uncover transportation savings, build scalable supply chain strategies, and ace retailer compliance programs.

Cost Reduction 313

Cost Reduction Manufacturing Procurement Supply Chain Software Logistics Network Optimization Software 313

GlobalTranz

NOVEMBER 16, 2016

The amount of information and improvement possible through big data can be overwhelming. Yet the majority of companies have not defined a big data strategy, and others are barely starting to notice. . �. How to Get Started with Your Big Data Strategy. . This is where the explanation of big data begins. .

Resource Reduction 91

Resource Reduction Cost Reduction Supply Chain Planning Software Supply Chain Software 91

GlobalTranz

SEPTEMBER 22, 2016

The roles of logistics and procurement in an efficient supply chain cannot be overstated. According to Paul Myerson , reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. So, why do supply chain managers not take advantage of this data with respect to procurement?

Manufacturing Procurement 108

Manufacturing Procurement Procurement Analytics Procurement Solutions Optimal Sourcing 108

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

FreightWaves SONAR

MARCH 30, 2021

Maintaining good compliance to these informational guides is critical to supply chain management and relies heavily on current data and automation. Missing data amounts to inevitable routing guide failures Data is king in today’s ever-changing market, and it is only becoming more vital for supply chain operations and management.

Compliance 98

Compliance Supply Chain Software Supply Chain Planning Software Data 98

FreightWaves SONAR

FEBRUARY 11, 2021

However, enterprise shippers can make a comeback by implementing smart truckload shipping strategies by retooling and putting freight forecasting power to work. And these additional five shipping strategies can help enterprise shippers maximize recovery and boost profits. And it has opened new channels for capacity procurement.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Supply Chain Planning Software Optimization Software 98

CLX Logistics

JULY 26, 2021

Let’s look at the facts – the percentage of supply chain managers using new analytics tools and services to develop better bidding strategies has increased from 17% in 2017 to more than 30% in 2020. Soon, it’ll almost be a guarantee that if you’re not leveraging modern data analytics properly, you’re losing money or leaving it on the table.

Material Savings 40

Material Savings Sourcing Strategies Cost Reduction Inventory Reduction 40

FreightWaves SONAR

APRIL 5, 2021

Among enterprise companies, one critical aspect of successful negotiation and capacity procurement is a better predictive outlook of both spot and contract truckload rates. Tracking market trends within truckload rates relies heavily on data and analysis. Data-driven insights provide a rubric for guiding RFP processes.

Negotiating Skills 94

Negotiating Skills Data Sourcing Strategies Optimal Sourcing 94

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

Globalior

FEBRUARY 25, 2023

Photo from: [link] Building Strong Supplier Relationships in the Oil and Gas Industry: The Key to Successful Procurement The oil and gas industry is a complex and dynamic industry that relies heavily on procurement to ensure the delivery of goods and services that support its operations.

Negotiate Pricing 52

Negotiate Pricing Optimal Sourcing Procurement Solutions Negotiating Skills 52

CLX Logistics

MAY 15, 2024

They also recognized the need to look beyond their own data, and wished for experienced input on their procurement strategy. The CLX Logistics Solution CLX Logistics implemented CLX LaneLogix to increase supply chain visibility and enable faster, more optimized bidding, benchmarking, and procurement solutions.

Optimal Sourcing 60

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 60

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. Alex Zhong, Director Product Marketing at GEP.

Manufacturing Procurement 150

Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 150

FreightWaves SONAR

MARCH 22, 2021

Big data and predictive freight rates in the digital supply chain are nothing new. Nearly all shippers, brokers and carriers collect and use data to derive insights, including predictive rates. Unfortunately, the most robust applications of that data will quickly diminish in value as data ages.

Data 98

Data Negotiating Skills Freight Resource Reduction 98