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). And “it’s a great tool,” but there are more sophisticated, more accurate tools to do sourcing.

Supply Chain Planning Software 145

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

Logistics Business Magazine

AUGUST 2, 2022

a global shipping and mailing company that provides technology, logistics and financial services, has released new data from its BOXpoll survey revealing key insights for UK retailers selling to US consumers. The BOXpoll survey questioned 400 US-located online shoppers who purchased from UK brands in the past six months.

Survey 59

Survey Purchasing Skills eCommerce Logistics Network Optimization Software 59

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

FEBRUARY 11, 2021

Over the years, cost and efficiency ruled the supply chain agenda. At the same time, the Chief Purchasing Officer (CPO) has taken on a pivotal role by securing Personal Protective Equipment (PPE) to protect the workforce and direct materials when primary sources fail.

Manufacturing Procurement 113

Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies Procurement Solutions 113

Logistics Viewpoints

AUGUST 23, 2021

In one McKinsey survey of more than 100 large organizations in multiple sectors, companies that regularly collaborated with suppliers demonstrated higher growth, lower operating costs, and greater profitability than their industry peers. The LevaData solution, for example, speeds up sourcing significantly.

Collaboration 119

Collaboration Supply Chain Planning Software Optimal Sourcing Modeling Software 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. In a 2018 survey by GEODIS, only 6% of supply chain professionals worldwide believed their companies had achieved supply chain visibility ?

Supply Chain Software 119

Supply Chain Software Definition Supply Chain Planning Software Supply Chains 119

Logistics Viewpoints

MAY 17, 2023

Performance today embodies not only the traditional measures of accuracy and cost-efficiency, but also responsiveness and agility. Warehouse operations historically strived to deliver the perfect order – the right product, at the right price, at the right time. But the results of the survey do identify some trends.

Purchasing Skills 119

Purchasing Skills Supply Chain Software Survey Logistics Network Optimization Software 119

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

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

SYSPRO Smarter ERP

SEPTEMBER 1, 2022

One of the ripple effects of the pandemic was that domestic sourcing, where possible, grew as companies could no longer import products for their production line. Multi-sourcing became more palpable as single sourcing – especially offshore – was understood to be a risky strategy.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies Supply Chain Software 105

GlobalTranz

OCTOBER 14, 2015

Technology can help to simplify your supply chain management, which will enable your business to operate more efficiently, give you more visibility and control over your inventory, and help to reduce your operational costs. Source: Morai Logistics. Source: SupplyChainOpz.com. Check out the infographic below for all the facts!

Supply Chain Planning Software 104

Supply Chain Planning Software Supply Chain Software Supply Chain Technology Sourcing Strategies 104

Logistics Viewpoints

AUGUST 16, 2024

I want to say a special thank you to Steve Banker and Conrad Hanf who I have worked closely with for the last 10+ years on Logistics Viewpoints as well as countless research projects, surveys, and events. Department of Transportation (DOT) has added three major West Coast ports to its data-sharing supply chain platform.

Logistics Network Optimization Software 122

Logistics Network Optimization Software Supply Chain Planning Software Optimal Sourcing Purchasing Skills 122

Material Handling and Logistics

AUGUST 31, 2018

The solutions to supply chain problems boil down to the right combination of three factors—technology, data and processes. It’s true that the major issues in the supply chain—which were confirmed through MH&L ’s workforce survey process and published in an earlier article —are nuanced. Trouble finding skilled labor”.

Supply Chain Design Software 145

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 145

Logistics Viewpoints

AUGUST 4, 2021

Just last month I noted that warehouse labor productivity was hindered extensively by COVID-19 and that 80 percent of ARC’s warehouse survey respondents anticipate an increase of order throughput volumes in 2021. 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

SYSPRO Smarter ERP

MARCH 21, 2022

Supply chain management (SCM) systems help businesses to manage the flow of goods and services right from the sourcing of raw materials, to delivering finished goods to the customer. SCM solutions provide oversight of materials and products, and their associated data, as they move through the supply chain from supplier to consumer.

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 116

GlobalTranz

MAY 12, 2015

What’s key to making this work: big data visibility, flexible processes, and an agile ecosystem that can move swiftly to serve an increasingly fragmenting, but exceptionally demanding consumer base. Armed with industry knowledge, technology savvy, and purchasing power, customers control the sales cycle. The Customer Owns the Empire.

Manufacturing Procurement 97

Manufacturing Procurement Modeling Software Supply Chain Planning Software Digital 97

GlobalTranz

DECEMBER 18, 2014

All metal fabricators realize that they have to do some analyses before the company purchases equipmen t or hires new people, but now there seems to be a new intensity about the process. By adopting a logistics efficiency management approach, logistics related costs as a percentage of sales drops to 4% to 7% depending on industry sector.

Manufacturing Procurement 94

Manufacturing Procurement Tips Purchasing Skills Sourcing Strategies 94

Logistics Viewpoints

DECEMBER 1, 2023

million shoppers hit the stores and the internet to capitalize on Black Friday and Cyber Monday deals, according to a survey by the National Retail Federation. The top gifts were clothes and accessories, which about half of those surveyed purchased, and toys, which nearly a third of people surveyed bought.

Supply Chain Planning Software 122

Supply Chain Planning Software Logistics Network Optimization Software Cost Reduction Food and Agriculture 122

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. Such a gap is problematic, as it could lead to higher costs, longer cycle times and less resilience.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Software Collaboration Supply Chains 115

Material Handling and Logistics

OCTOBER 15, 2018

While purchases at food-services and drinking establishments fell 1.8%, the most since 2016, most other major retail categories showed a gain, suggesting consumption ended the quarter on a solid note. Some businesses reported a positive impact from weather, and the bureau can’t isolate the monthly data at specific geographic levels, it said.

Purchasing Skills 74

Purchasing Skills Vendor Strategies Procurement Analytics After-sales 74

SYSPRO Smarter ERP

JULY 4, 2022

According to the recent SYSPRO global research survey, an enormous 82 percent of Fabricated Metal Manufacturers experienced supply chain and material handling disruptions over the past twelve months. Time-stamped data records can be integrated with a cloud ERP system to improve the ability to make decisions quickly and optimize operations.

Optimization Software 111

Optimization Software ERP Supply Chain Software Manufacturing Procurement 111

Ship Monk

JANUARY 19, 2024

An ecommerce store is a branded website where products from a single seller can be purchased over the internet. Building an online storefront can be as simple as adding an open-source shopping cart plugin, such as WooCommerce, to your WordPress website, or as complex as a custom-coded ecommerce platform like BestBuy.com.

eCommerce 105

eCommerce Logistics Network Optimization Software Optimization Software Purchasing Skills 105

Logistics Viewpoints

SEPTEMBER 6, 2024

These clothing companies have revolutionized how consumers purchase, wear, and dispose of their clothing. First, in the early 2000s, advancements in data analytics, RFID, and localized supply chains fueled the rise of “fast fashion.” million on DOE loan application-related costs and stock and transaction-related expenses.

Supply Chain Planning Software 124

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 124

Logistics Business Magazine

SEPTEMBER 13, 2022

Neil Adcock, Managing Director at Bis Henderson Consulting , reveals how to unlock the value hidden in returns data. The challenge of handling returns is only likely to grow, as are the costs. Estimates vary, but a typical finding is that returns are costing retailers 21% of order value. Getting hold of the data.

Data 54

Data Cost Reduction Purchasing Skills Sourcing Strategies 54

FreightWaves SONAR

JULY 10, 2023

Businesses are prioritizing the speed of data propagation within their supply chains. This includes sourcing materials, working with vendors, managing warehouses and transportation, and coordinating with retailers to ensure they can meet the changing demands of consumers while remaining profitable. and Target Corp. and Target Corp.

Data 52

Data Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 52

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. Obstacles to fully utilizing analytics included inaccurate data , cost, and lack of timely data. Supply chain data initiatives need a top-down mandate.

Supply Chain Software 69

Supply Chain Software Procurement Analytics Supply Chains Data 69

Logistics Viewpoints

JUNE 12, 2024

According to a survey by McKinsey, 93% of supply chain executives plan to increase their investments in resilience, and 47% of them consider automation and digitization as the top priority. Autonomous shipping has the potential to reduce human errors, improve safety, lower costs, and increase efficiency in the maritime industry.

Supply Chain Planning Software 126

Supply Chain Planning Software Supply Chain Software Supply Chains Optimization Software 126

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. The simplified assumptions allow companies “to manage margins, supply chain costs, and inventories”, but “it does not enable them to manage enterprise costs, profit, and working capital.”

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Transformation Scenario Planning Supply Chain Software 130

Material Handling and Logistics

JANUARY 3, 2018

The survey-based measure of factory activity -- the year’s second-highest behind September, when storm-related supply delays boosted the index -- brings the 2017 average to 57.6, Business sentiment has been high enough for long enough that it is actually starting to drive the ‘hard data’ in a positive direction.”. the best in 13 years.

Manufacturing Procurement 87

Manufacturing Procurement Factories Survey Purchasing Skills 87

Talking Logistics

OCTOBER 3, 2018

Accurate Job Costing: Big Challenge in Heavy Building Materials Industry. In a recent survey by the Construction Research Corporation, 75% of companies in the building materials and construction space said that job costing is a major concern. Given these numbers, you would think that business would be booming, but more than 2.5

Procurement Solutions 81

Procurement Solutions Purchasing Skills Construction Logistics Network Optimization Software 81

Logistics Business Magazine

NOVEMBER 23, 2022

A survey series by the Logistics Hall of Fame in cooperation with the logistics insurance broker Schunk Group looks at the current risks facing the logistics industry and how companies are preparing against them. Here, the shortage of skilled workers also occupies first place in the individual risk ranking (62.5%).

Logistics Network Optimization Software 65

Logistics Network Optimization Software Supply Chain Design Software Buyer Training Purchasing Skills 65

GlobalTranz

OCTOBER 11, 2018

According to Randy Strang of Supply Chain 24/7, a survey of the most important parts of a shopping experience found customers’ expectations are more than meets the eye. Up to 62 percent want to purchase online and have the option of returning it in-store, and 47 percent want promotions and coupons available through their smartphone.

Inventory Reduction 74

Inventory Reduction Price Reduction Cost Reduction Supply Chains 74

GlobalTranz

DECEMBER 7, 2016

A recent survey, conducted by Handshake , found more than 79 percent of companies providing B2B sales already have customers clamoring for online ordering. Meanwhile, the majority of purchasers research potential products online before making a decision to buy. Pricing Models Are Subject to the “Amazon Standard.”.

Manufacturing Procurement 87

Manufacturing Procurement Modeling Software Logistics Network Optimization Software Price Reduction 87

Logistics Bureau

JANUARY 7, 2020

According to a survey by Deloitte from 2014, 79 % of companies with high-performing supply chains achieve revenue growth superior to the average within their industries. In 2014, a survey by Tompkins Consortium delivered a shocking revelation. Built strategic partnerships with vendors to drive down prices. Supply Chain Strategy.

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 111

Penske Move Ahead

MAY 9, 2022

In the third annual State of Sustainable Fleets Market Brief , released today and available at no cost, transportation fleets continued to report a resounding trend — their use of clean fuels and advanced vehicle technologies is rapidly progressing. Report authors surveyed nearly 250 U.S.-based Renewable diesel growth is very strong.

Procurement Analytics 62

Procurement Analytics Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 62

GlobalTranz

DECEMBER 17, 2014

Today we pick up our series on all things Electronic Data Interchange or EDI by busting the common myths around implementing an EDI Integration program. The truth is, many myths have circulated throughout the business world, and electronic data interchange is the focus of quite a few of these myths. Myth: It’s Too Expensive.

Supply Chain Software 93

Supply Chain Software Sourcing Strategies Expense Reduction Cost Reduction 93

Logistics Bureau

MAY 31, 2016

When customers step up pressure on prices and when economic growth flattens or dips, a supply manager’s mind turns to cost reduction. Or rather, it turns even more to cost reduction, as squeezing out savings that then show up directly on the bottom line is a goal that never goes away. Inventory costs money.

Cost Reduction 53

Cost Reduction Inventory Reduction Material Savings Expense Reduction 53