SYSPRO Smarter ERP

JULY 3, 2023

What is Machine Learning ML is the computing engine behind AI and gives computers the ability to make sense of, and learn, from data to perform specific tasks without manual interference. Nine areas where AI can help manufacturers There are several ways in which data and AI can be applied in the manufacturing industry. The Industry 4.0

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Data Optimization Software 98

SYSPRO Smarter ERP

JANUARY 17, 2022

This is further processed into even more intricate calculations for a computer to understand, which is all data. Data is raw facts, figures and statistics that is further processed to produce useful output, known as information. The exponential growth of data. Data-driven manufacturing and distribution.

ERP 105

ERP Data Manufacturing Procurement Inventory Reduction 105

The Logistics of Logistics

FEBRUARY 16, 2024

Specializing in enhancing post-purchase experiences, the Outerspace team crafts tailored solutions that transcend the one-size-fits-all approach, driving brands toward exceptional growth. Data-Driven Insights: Their technology platform provides real-time visibility and analytics to empower brands with data-backed decisions.

3PL 247

3PL Logistics Network Optimization Software Optimization Software Procurement Solutions 247

The Logistics of Logistics

JULY 20, 2022

Jon directs a team of Analysts & Data Scientists focused on optimizing algorithmic pricing and innovating business strategies by leveraging Loadsmart’s supply and demand data. As the ‘nerds of logistics’, they seek intelligence in data to solve deep rooted inefficiencies in the industry. Jon holds a B.S.

Price Reduction 289

Price Reduction Purchasing Skills Cost Reduction Logistics Network Optimization Software 289

The Logistics of Logistics

FEBRUARY 18, 2022

His background in artificial intelligence, big data processing, and freight brokerage enables companies partnering with Parade to accelerate digital transformation by innovating with the status quo. Build or Buy: Should you purchase your software or build your own. Parade’s LinkedIn. Letter from the CEO: Parade’s Series A.

Logistics Network Optimization Software 66

Logistics Network Optimization Software Purchasing Skills Procurement Solutions Sourcing Strategies 66

Logistics Viewpoints

SEPTEMBER 21, 2023

For those unsure of what EDI is, it stands for electronic data interchange, is the concept of businesses electronically communicating information that was traditionally communicated on paper, such as purchase orders, advance ship notices, and invoices. How does EDI enhance data accuracy and integrity in supply chain transactions?

Supply Chain Software 142

Supply Chain Software Supply Chains Cost Reduction Operations 142

The Logistics of Logistics

MARCH 10, 2023

3PLex was then purchased by Maersk. solution combines aggregated market data and customer data with advanced machine learning techniques to deliver short-term predictive freight market pricing specific to a company’s individual buy and sell behavior. The Greenscreens.ai

Conference 327

Conference Supply Chain Software Supply Chain Design Software Negotiating Skills 327

Logistics Viewpoints

MAY 13, 2024

The public cloud gives Coupa visibility to $6 trillion in transactional data that passes through their platform. “15 15 years ago, Coupa got customers to agree they could leverage their data for the benefit of the community,” Ms. This solution provides for purchase order collaboration. The best data makes for the best AI.

Procurement Solutions 145

Procurement Solutions Modeling Software Procurement Analytics Logistics Network Optimization Software 145

The Logistics of Logistics

MARCH 21, 2022

Bill is the Founder & CEO of OneRail , a final mile delivery orchestration platform providing real-time visibility, actionable data, and data-driven optimization capabilities for its enterprise clients. Bill Catania and Joe Lynch discuss the OneRail story. About Bill Catania. Key Takeaways: The OneRail Story.

Optimization Software 195

Optimization Software Negotiating Skills Purchasing Skills Logistics Network Optimization Software 195

Logistics Viewpoints

AUGUST 15, 2022

A MSCN is a collaborative solution for supply chain processes built on a public cloud – many-to-many architecture – which supports a community of trading partners and third-party data feeds. Both ERP based procurement and spend management solutions have supplier master data. For example, are you still a minority owned company?

Manufacturing Procurement 147

Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 147

Logistics Viewpoints

FEBRUARY 5, 2024

The visibility solution must be built in such a way that it can download order quantity and inventory data from a customer’s systems. When Uber Freight receives a purchase order, delivery order, or sales order – the type of order used varies depending on the customer’s ERP – that is what OTIF is measured against.

Supply Chain Design Software 163

Supply Chain Design Software Supply Chain Planning Software Procurement Analytics Purchasing Skills 163

The Logistics of Logistics

JANUARY 19, 2024

Eliminating Inefficiencies: Onward’s data-driven platform tackles the inefficiencies of traditional big and bulky delivery. Their network extends beyond major metropolitan centers, ensuring that everyone, regardless of location, can enjoy the benefits of fast, reliable, and white-glove service for their large purchases.

Logistics Network Optimization Software 249

Logistics Network Optimization Software Waste Reduction Cost Reduction Optimization Software 249

Logistics Viewpoints

OCTOBER 14, 2024

At a division of one of the world’s largest consumer goods companies, 85% autonomy on manufacturing plans and 95% acceptance of proposed purchase orders has been achieved. The platform collects data and makes sure the master data is internally consistent. If a user makes changes to the plan, they log that data.

Supply Chain Planning Software 140

Supply Chain Planning Software Scenario Planning Procurement Analytics Manufacturing Procurement 140

Logistics Viewpoints

AUGUST 23, 2021

Companies “seeking to increase data sharing and collaboration across their supply networks have faced three principal hurdles.” A SCCN is a collaborative solution for supply chain processes built on a public cloud – many-to-many architecture – which supports a community of trading partners and third-party data feeds.

Collaboration 170

Collaboration Supply Chain Planning Software Optimal Sourcing Modeling Software 170

Logistics Viewpoints

AUGUST 28, 2024

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. Therefore, businesses need reliable and robust systems to capture and maintain this data. What Components Comprise a Digital Product Passport?

Optimal Sourcing 148

Optimal Sourcing Optimization Software Supply Chain Software Optimization Modeling 148

Logistics Viewpoints

JULY 17, 2024

Erwin highlighted the importance of real-time data accuracy and visibility. People, technology, and data are very important for their journey. The importance of employee ownership in driving cultural transformation and their acceptance of data-driven decision making within the organization was also emphasized.

Digital 157

Digital Procurement Analytics Manufacturing Procurement Modeling Software 157

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. Nari Viswanathan is Sr.

Supply Chain Design Software 163

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Scenario Planning 163

Logistics Viewpoints

AUGUST 18, 2022

First, anyone that’s done a FTL budget knows how difficult it is to gain access to a shipper’s forecasted purchasing and/or sales data that’s needed to generate volume estimates. Absent that data, logisticians resort to increasing last year’s load volumes by a random percentage and then hope for the best.

Purchasing Skills 140

Purchasing Skills Scenario Planning Exercises Purchasing 140

Logistics Viewpoints

APRIL 6, 2023

The shift from traditional purchasing to a collaborative supply chain network is not just a change in nomenclature; it represents a fundamental transformation in the way organizations manage their supply chains. The costs associated with purchasing these items hit the “operational expenses” components of the company’s financial statements.

Optimal Sourcing 129

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Procurement Analytics 129

SYSPRO Smarter ERP

MARCH 15, 2023

Manufactures are continuously faced with the challenge of forecasting how much (raw material) to purchase and how much (finished goods) to produce. To manage this delicate balance of demand and supply, manufacturers often use statistical forecasting techniques to predict future demand by looking at historical sales data.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Analytics Supply Chain Planning Software Procurement Solutions 105

The Logistics of Logistics

FEBRUARY 12, 2021

Prior to his time in consulting, Ilya was a Supply Chain Strategy Manager at Cummins Inc, where he oversaw $100M in spend and was responsible for developing the commodity strategy for sheet metal fabrication and raw metal purchases. Ilya earned a Bachelor of Science in International Business from the University of Indianapolis. About PAXAFE.

Expense Reduction 195

Expense Reduction Freight Supply Chain Software Modeling Software 195

Ship Monk

APRIL 16, 2024

Credit Card/Identity Fraud Scammers obtain payment information from unsuspecting users using phishing, pharming and whaling schemes, then use the stolen credentials to purchase items from ecommerce stores. The scammer then has access to the stored payment cards for that account and can use them to make fraudulent purchases.

eCommerce 105

eCommerce Modeling Software How To Procurement Solutions 105

Ship Monk

MARCH 21, 2024

Customers are mostly anonymous, and purchases are made or abandoned, seemingly on a whim. Customer relationship management systems collect and centralize all the important data about a business’ customers (and potential customers). With most ecommerce businesses, however, the sales pipeline isn’t nearly as long or as hands-on.

Optimization Software 105

Optimization Software eCommerce Logistics Network Optimization Software Procurement Solutions 105

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 150

Supply Chain Software Supply Chains Procurement Analytics Warehousing 150

Logistics Viewpoints

MARCH 4, 2021

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. Planners spend their precious time collecting and synthesizing the data to drive insights.

Supply Chain Planning Software 164

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 164

SYSPRO Smarter ERP

MAY 30, 2022

Using ERP to improve purchasing transparency. Purchases that are made outside the defined procurement process fall under dark purchasing. This may happen if someone with purchasing authority neglects to submit expenses properly. 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

NOVEMBER 18, 2024

An ERP system is a valuable asset for automotive distributors looking to leverage the data they create and use. An ERP provides a central repository for all a distributor’s data. The data can be used to identify inefficiencies in the supply chain, improve inventory management, and streamline operations.

ERP 98

ERP Optimal Sourcing Purchasing Skills Inventory Reduction 98

Logistics Viewpoints

JUNE 8, 2023

While the initial purchase cost of an existing platform may appear higher, the added benefits, scalability, and efficiencies it provides ensure lower costs over the long term and higher lifetime value. Purchasing technology from a vendor can be a complex task, especially when it comes to estimating costs.

Modeling Software 135

Modeling Software Optimization Software Supply Chain Design Software Logistics Network Optimization Software 135

The Logistics of Logistics

APRIL 12, 2019

We deal with the sales, operations and production, purchasing, finance and accounting, supply chain, and C-level. [09:08] Purchasing : For purchasing agents, visibility comes up a lot. Another advantage to OPTIX is the data collected and analyzed can be used in carrier negotiations. We have found that 4.2%

Negotiating Skills 180

Negotiating Skills Purchasing Skills Freight Manufacturing Procurement 180

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. Supply shortages, low inventory to sales ratios, and hiring lags are noted as factors at play.

Supply Chains 197

Supply Chains Manufacturing Procurement Purchasing Skills Price Reduction 197

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. The data, which is reported on the EcoVadis platform, highlights the supplier’s emissions.

Supply Chain Planning Software 115

Supply Chain Planning Software Resource Reduction Procurement Analytics Material Savings 115

The Logistics of Logistics

OCTOBER 6, 2021

Larger freight forwarding companies like Flexport have purchased additional airfreight capacity to support their customers. Flexport delivers a best-in-class experience in airfreight, offering customers granular and end-to-end visibility, reliable service, and customized, data-driven supply chain solutions.

Logistics Network Optimization Software 195

Logistics Network Optimization Software Modeling Software Optimization Software Supply Chain Software 195

Logistics Viewpoints

OCTOBER 18, 2023

The World Trade Organization publishes lots of insightful data on global trade – including trade indexes. Manufacturing Purchasing Managers Indexes The J.P. Output rose in 8 of the 29 nations for which data was available. I decided to take a look at quarterly changes in worldwide merchandise export volumes from 2016 to 2023.

Manufacturing Procurement 176

Manufacturing Procurement Purchasing Skills GEP Price Reduction 176

IoT World Today

MARCH 27, 2020

Bouncing back more quickly, said experts, will require supply chain managers to turn to new ways of managing the supply chain, including using Internet of Things (IoT) data, analytics and machine learning (ML). An AI system needs to be fed data sets to learn how to behave and react. And again, data quality is a huge concern.

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Procurement Analytics 145

SYSPRO Smarter ERP

MARCH 9, 2022

ERP tools share a common process and data model, covering broad and deep operational end-to-end processes, such as those found in finance, HR, distribution, manufacturing, service and the supply chain. Having all information located in one source gives decision-makers access to actionable data on multiple activities.

Supply Chain Planning Software 119

Supply Chain Planning Software Supply Chain Software ERP Manufacturing Procurement 119

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. To meet customers’ growing expectations for personalized offerings, the typical company’s product lines have grown exponentially. A Positive Example.

Supply Chain Software 169

Supply Chain Software Definition Supply Chain Planning Software Supply Chains 169