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

Supply Chain Brain

FEBRUARY 2, 2023

Kyle Jepson, senior vice president of product at Emerge, and Erik Kiser, chief executive officer of Orderful, relate a case study about how Emerge implemented a modern electronic data interchange (EDI) platform.

Case Study 105

Case Study Procurement Study Freight 105

Logistics Viewpoints

JUNE 7, 2022

The pandemic has exposed flaws in business practices across industries, which have been acutely felt in their supply chain and procurement operations. Of the professionals surveyed, 59% saw the gap between procurement/sourcing and supply chain to be a major disconnect, and the most pressing pain point.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chains 130

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. . Big Data in the Transportation Industry Results inFewer Errors in Delivery & Pickup. .

Supply Chain Software 97

Supply Chain Software Supply Chains Data Optimal Sourcing 97

Talking Logistics

APRIL 17, 2018

Again and again, digitization and data were at the heart of panel and networking conversations. Even headline speakers were professing “data got sexy” and data is now a core strategy for companies looking to succeed. Supply chain leaders are wanting their organizations to be data-driven.

Supply Chain Design Software 87

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Supply Chain Design 87

GlobalTranz

FEBRUARY 24, 2015

When you want to drive down your logistics and transportation spend, the very first thing that you need is freight and transportation data. Without hard data, you can’t take action. When enterprises try to act in the absence of data, they are usually guessing and won’t get the results they need.

Data 94

Data Transportation Cost Reduction Material Savings 94

GlobalTranz

APRIL 6, 2015

Many studies state that those who can manage the functions with the supply chain, they have a competitive advantage. Data coming from different sensors located at different suppliers from their production and transportation operations, carry a lot of information regarding the quality of production process and timeliness of delivery.

Optimal Sourcing 118

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 118

SYSPRO Smarter ERP

NOVEMBER 1, 2021

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. Leveraging on predictive analytics and data for decision making. Maintaining competitive advantage.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Inventory Reduction 111

Logistics Bureau

JANUARY 16, 2025

Because capital costs are higher, however, company leaders must study the finances and determine if such a move would improve your ability to serve customers while remaining competitive. Not only does this spread the risk, but transportation costs are lower.

Supply Chain Planning Software 74

Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies Supply Chain Software 74

Logistics Viewpoints

APRIL 8, 2024

Mr. Daniels reports they have 870 employees, so based on a market study recently completed by ARC, this claim is credible. The procurement department defines their appetite for risk and only suppliers that exceed a risk threshold score are displayed as companies they should not do business with.

Supply Chain Software 122

Supply Chain Software Supply Chains Manufacturing Procurement Logistics Network Optimization Software 122

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 123

Supply Chains Inventory Reduction Cost Reduction Procurement Solutions 123

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

NOVEMBER 30, 2021

Track Carrier Performance Data. Capturing carrier data gives you more visibility into your freight spend and enables you to make data-driven decisions that positively impact your business. Routing optimization continuously applies data to validate planned routes against market disruptions.

Optimal Sourcing 88

Optimal Sourcing Transportation Supply Chain Software Supply Chain Planning Software 88

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 Bureau

JANUARY 2, 2025

Whether that is the case or not, a brief study of the origins and progression of fleet route optimisation, covering the last three decades or so and looking forward to the near future, highlights in a spectacular way how technology, in particular, has revolutionised the business of logistics. Let’s take a brief look at some of them.

Logistics Network Optimization Software 75

Logistics Network Optimization Software Optimization Software Optimal Sourcing Logistics 75

FreightWaves SONAR

MAY 17, 2023

Logistics is a complex and swift-changing industry, and decision makers need to be armed with accurate data – and actionable insights – when navigating the evolving landscape. Shippers understand the importance of data. This is especially true in the face of the current freight recession.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Price Reduction Cost Reduction 52

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 113

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 113

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

FEBRUARY 28, 2022

Planning applications don’t work well if the master data they rely on is not accurate; this is known as the “garbage in, garbage out” problem. Artificial intelligence is beginning to be used to update the data. Lead times, for example, are a critical form of master data for planning purposes.

Supply Chain Planning Software 141

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 141

Talking Logistics

FEBRUARY 14, 2018

As the title of my post suggests, the answer to the question depends on who you ask, when you ask it, and what data you use. Speaking of data, let’s start with a basic question: How many truck drivers are there in the United States? Here are some excerpts from her article : BLS researchers parsed agency data on U.S.

Optimal Sourcing 87

Optimal Sourcing Trucking Cost Reduction Price Reduction 87

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 113

Supply Chain Planning Software Supply Chain Software Collaboration Supply Chains 113

Logistics Viewpoints

JUNE 21, 2024

May air cargo volumes rise amid global disruption Freight market pressured again in May, Cass data shows General Motors (GM) is accelerating sustainability efforts in its supply chain, focusing on logistics, materials, packaging, and supplier engagement. The three-year average however remains higher at 1,061 due to the large losses in 2021.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Optimal Sourcing Material Savings Supply Chain Planning Software 120

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. One study shows that one in three companies in the United States has jobs that are taking nine to 12 months to fill. 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

Logistics Viewpoints

JULY 14, 2021

I am wrapping up my Transportation Management Systems market study which looks at the total size of the market, the forecasted growth through 2025, and the leading suppliers across a number of categories including industry, region, and customer size. The study includes a holistic view of the TMS outlook.

Optimization Software 109

Optimization Software Supply Chain Planning Software Supply Chain Design Software Modeling Software 109

The Logistics of Logistics

JULY 7, 2019

Attended college at Ringling College of Art & Design in Sarasota FL, where I studied illustration. Update procurement and carrier agreements to include FSMA provisions. The FSMA raises the bar on monitoring, data management and processes. Born and raised in Cincinnati, OH. Owned and operated an art gallery.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 150

GlobalTranz

OCTOBER 6, 2021

In fact, a recent study , in partnership with Edelman Data & Intelligence, found a broad increased level of confidence from supply chain leaders despite peak season disruptions among those that have successfully implemented data-driven, third-party resources to manage heightened activity levels.

Optimal Sourcing 86

Optimal Sourcing Optimization Software Modeling Software Supply Chain Software 86

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

MARCH 31, 2022

Both anecdotal evidence and research studies demonstrate that enterprises leveraging these advanced capabilities have fared much better than other companies during the extreme volatility of the past two years. Digital control towers sit at the heart of the supply chain ecosystem, gathering real-time data on current conditions.

Logistics Network Optimization Software 116

Logistics Network Optimization Software Supply Chain Planning Software Optimization Software Modeling Software 116

Logistics Viewpoints

MARCH 2, 2023

A famous 2010 HBR article, “Roaring Out of Recession,” studied how 4,700 public companies fared during the recessions of 1980, 1990, and 2000. And, once implemented properly, having a collaborative, tech-enabled supply chain network powered by free-flowing, actionable data will unlock measurable business value. Faster order-to-cash.

Waste Reduction 115

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 115

Logistics Viewpoints

AUGUST 25, 2021

Electronic data interchange (EDI) solutions have proven deficient in providing robust visibility. But unless a TMS provider has access to network transportation data (public cloud providers do), the visibility provider will be in a better position to use artificial intelligence to provide these enhanced ETAs than the TMS provider.

Price Reduction 123

Price Reduction Cost Reduction Expense Reduction Supply Chain Planning Software 123

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

Logistics Business Magazine

NOVEMBER 29, 2022

The Ivalua-commissioned study, conducted by Coleman Parkes, found that Brexit was having a bigger impact on supply chains than the war in Ukraine (76%), rising energy costs (71%) and COVID-19 (59%). A digitised, data-driven approach to supply chain management is a prerequisite for actionable scenario planning and agility.

Supply Chain Planning Software 57

Supply Chain Planning Software Scenario Planning Supply Chain Software Supply Chains 57

Talking Logistics

JULY 30, 2018

Big Data in Logistics. The Data Needed to Transform Supply Chains. Big Data in Logistics. BASF Video Case Study: The Value of Real-Time Freight Visibility. Transportation Procurement: Still Standing on the Sidelines? Realities and Misconceptions of 4PL Relationships. CFO Beating You Up Over Rising Freight Costs?

Optimal Sourcing 60

Optimal Sourcing Supply Chain Design Software Negotiating Skills 4PL 60

GlobalTranz

FEBRUARY 16, 2015

In fact, recent studies have shown that only about 35 percent of shippers are using TMS to manage their operations. A transport management system helps coordinate all the data points in a transportation network. Users have attributed the savings to lower cost mode selections, better routing, and better procurement negotiations.

Expense Reduction 91

Expense Reduction Cost Reduction Transportation Negotiating Skills 91

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

Logistics Viewpoints

AUGUST 29, 2022

In the case of network-based risk management solutions, a network of users is connected to carefully curated real-time alerts generated by connections to a huge number of online publications, social media feeds, and third-party purchased data. One of the players in this market, Resilinc, is monitoring 105 million data sources.

Supply Chain Planning Software 104

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Supply Chain Software 104

SYSPRO Smarter ERP

MARCH 14, 2022

But according to a study from Neilson, fully two-thirds of trade promotions don’t break even! Typically, these high-impact areas are: Procurement. Start with an ERP system which will assist you in centralizing all data in one single-view so that you can track costs and use additional technologies to improve processes.

Manufacturing Procurement 105

Manufacturing Procurement Cost Reduction Material Savings Price Reduction 105