EazyStock

JUNE 23, 2022

What is big data? All successful businesses use data to develop strategies and review their outcomes. But as the number of systems being used increases, the amount of data available for consumption and analysis grows exponentially. The key for inventory management teams is to know what to do with it!

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Supply Chain Planning Software 52

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

FEBRUARY 15, 2022

Your supply chain should benefit from end-to-end supply chain visibility and execution solutions that work together in a coherent supply chain orchestration strategy. It is possible, today, to find technology providers that offer true supply chain orchestration that emboldens companies instead of leaving them at the mercy of data.

Supply Chain Planning Software 141

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 141

Logistics Viewpoints

SEPTEMBER 13, 2023

As part of its connected geo strategy, FourKites has expanded its operations to Japan, as it sees the country as an important link in the global supply chain. This means connecting these different stakeholders and facilitating data sharing that will make the entire supply chain run more efficiently.

Supply Chain Planning Software 124

Supply Chain Planning Software Waste Reduction Optimal Sourcing Supply Chain Software 124

GlobalTranz

MAY 21, 2015

At distribution centers, Walmart uses cross-docking, a process in which product is exchanged between trucks so that each truck going to a retail store has products from different suppliers. Managers should ensure that a firm’s transportation strategy supports its competitive strategy.

Supply Chain Planning Software 131

Supply Chain Planning Software Supply Chain Software Cost Reduction Supply Chains 131

Logistics Business Magazine

JANUARY 12, 2024

TradeBeyond’s CBX Suite will help OBI to optimize its supply chain end-to-end, from supplier management to its sourcing, quality, order management, and production processes for their own sourcing organization OBI Group Sourcing (OGS) in Asia.

Sourcing Strategies 67

Sourcing Strategies Supply Chain Software Supply Chains Efficiency 67

Logistics Bureau

JANUARY 7, 2020

2) According to a 2012 report into corporate insolvencies by the Australian Securities and Investments Commission, 44% of businesses in Australia failed because of poor strategic management. Supply Chain Strategy. A properly designed supply chain strategy is an enabler for achieving commercial goals and consequently, corporate success.

Supply Chain Design Software 111

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

Logistics Business Magazine

JULY 31, 2023

Attendees will delve into diverse subjects, including optimizing supply chain efficiency in “Driving Excellence in Supply Chain Operations” and effective supplier management in “Procurement Best Practices for Global Supply Chain Success.”

Supply Chain Software 69

Supply Chain Software Supply Chains Procurement Solutions Material Savings 69

Logistics Bureau

OCTOBER 2, 2016

2) According to a 2012 report into corporate insolvencies by the Australian Securities and Investments Commission, 44% of businesses in Australia failed because of poor strategic management. Supply Chain Strategy. A Properly designed supply chain strategy is an enabler for achieving commercial goals and consequently, corporate success.

Supply Chain Design Software 99

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 99

Logistics Viewpoints

OCTOBER 10, 2022

Implementing the solution involved cleaning up master data and mapping their complete global supply chain. Risk management solutions scrape data from hundreds of thousands of online & social-media sites, but Autoliv also has access to sources of information that they pay for. The implementation was not trivial.

Supply Chain Planning Software 119

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 119

Logistics Business Magazine

NOVEMBER 15, 2021

Greater visibility and interrogation of supply chains, as well as lowering inefficiencies and emissions through smart data utilisation, must be the first port of call. It is only with high-quality visibility data that supply chains can improve practices that lead to waste.

Waste Reduction 66

Waste Reduction Supply Chain Software Modeling Software Cost Reduction 66

GlobalTranz

FEBRUARY 24, 2016

Since lean systems have already eliminated waste to a finite degree, the use of mobility can further increase cost savings and reduce demands on the system by making information and data available across a given enterprise. Take a look at how mobility in manufacturing empowers lean manufacturing systems. What’s Next?

Waste Reduction 84

Waste Reduction Inventory Reduction Cost Reduction Resource Reduction 84

Logistics Bureau

OCTOBER 28, 2020

With so many analytics applications available and all the hype about big data, a lot of companies are drowning themselves in supply chain data to the point where it’s hard to see the wood for the trees. The pandemic starkly highlighted the need for companies to have back-up suppliers. Inventory Management.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 75

WorkWave

MAY 30, 2024

In this expert guide, we will explore the key elements of SRM, best practices for managing supplier relationships, and how field service companies can leverage SRM to drive success in their operations. What is Supplier Relationship Management (SRM)? AI-powered SRM systems provide improved management and performance data.

Negotiate Pricing 52

Negotiate Pricing Vendor Strategies Negotiating Skills Material Savings 52

Logistics Bureau

NOVEMBER 14, 2018

Too much leads to resources being monopolised on gathering tons of data and a subsequent risk of “paralysis by analysis” Cost to Serve (CTS) is an approach that helps you avoid both extremes. Knowing your CTS per product and per customer also lets you better control different commercial strategies.

Purchasing Skills 93

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 93

Logistics Bureau

DECEMBER 6, 2024

Gamification is not just another term for incentivisation, at least not in the same sense as conventional incentivisation strategies. This is precisely why, if you decide to implement some form of gamification, care should be taken in determining what the venture should achieve.

Supply Chain Design Software 73

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 73

Logistics at MPEPS at UPV

MAY 24, 2023

In this sense, Saona has managed to stand out not only for its delicious food, but also for its competitive prices. On the other hand, the central location uses inventory management systems, for finished dishes and for the quantity of ingredients needed to prepare them.

Price Reduction 52

Price Reduction Inventory Reduction Cost Reduction Logistics Network Optimization Software 52

Logistics Bureau

SEPTEMBER 28, 2020

It is at this level that 4PL providers come into their own, making use of digital technologies such as big data and cloud computing to maintain visibility in every link in the supply chain. This outsourcing allows the company to focus on its core manufacturing business and higher-value projects. Print and packaging. Agriculture.

4PL 98

4PL Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software 98

Logistics Bureau

OCTOBER 28, 2020

With so many analytics applications available and all the hype about big data, a lot of companies are drowning themselves in supply chain data to the point where it’s hard to see the wood for the trees. The pandemic starkly highlighted the need for companies to have back-up suppliers. Inventory Management.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 52

EazyStock

MARCH 3, 2022

In this post, we explain how you can implement a just-in-case stock management strategy without the risk of tying up too much capital in unnecessary inventory items. How to implement JIC inventory management with optimum stock levels. Just in case inventory management doesn’t have to mean inflating stock to really high levels.

Inventory Reduction 52

Inventory Reduction Inventory Supply Chain Planning Software Cost Reduction 52

3PL Links

APRIL 23, 2024

Supplier management Artificial intelligence can help you manage suppliers more objectively and efficiently. The finest relationships for your business are identified by developing decision models based on multiple criteria and accessing useful data through algorithms.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 48

Logistics at MPEPS at UPV

MAY 18, 2017

Access to technical data. Planning data accuracy. Acquisition strategy. Supplier relationship management. Contract/supplier management availability and expertise. Supplier development and continuous improvement Supplier communications. Reliability estimates of components. Cost/profit.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 40

CLX Logistics

FEBRUARY 22, 2024

From streamlining sourcing and supplier management to optimizing contract negotiations and spend analysis, AI and ML offer various capabilities that can revolutionize procurement management operations and drive sustainable value creation.

Optimal Sourcing 52

Optimal Sourcing Procurement Supply Chain Software Negotiating Skills 52

Logistics Bureau

MAY 6, 2016

If CTS fails, there can be good reasons for this, such as: data is not comprehensive, data extraction is too difficult, there is lack of business ‘buy-in’, the process is too complicated, or it has not been fed into business strategy. CTS requires commitment.

Negotiating Skills 40

Negotiating Skills Purchasing Skills Cost Reduction Negotiate Pricing 40

3PL Links

AUGUST 18, 2023

The definition of inventory management, however, is the skill of managing these conflicting aims, directing strategies, and appropriately prioritizing objectives in the face of this scenario. Why is good inventory management important for your company? This business model is known as dropshipping.

Inventory Reduction 48

Inventory Reduction Inventory Purchasing Skills Price Reduction 48

Logistics Business Magazine

AUGUST 14, 2019

GIL reported very good results and continues to implement its strategy to drive operational efficiency. Tarek Sultan, Agility Vice Chairman and CEO, said: “We had a good Q2 despite the tough environment we operate in. The post Agility Reports Earnings Increase appeared first on Logistics Business® Magazine.

Expense Reduction 31

Expense Reduction Cost Reduction Logistics Network Optimization Software Freight 31

EazyStock

JANUARY 6, 2023

As we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. Supplier management Supplier ranking Even the best inventory management systems and processes will fail without a robust supply chain.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

EazyStock

JANUARY 6, 2023

As we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. Supplier management. Supplier ranking. Even the best inventory management systems and processes will fail without a robust supply chain. Supply chain issues.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

Log-hub

SEPTEMBER 17, 2024

Inventory management ensures that the right amount of inventory is available at the appropriate moment, minimizing excess stock or shortages. Additionally, this strategy reduces the need for large storage spaces, freeing up valuable floor area for other purposes or lowering facility costs.

Inventory Reduction 40

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 40

Conger

DECEMBER 13, 2022

Because in this post, you’ll find 11 effective strategies for doing just that. Ditch Unreliable Suppliers. Choose Domestic Suppliers. Consolidate Suppliers. Note: If you can't find a local supplier, use the large ordering strategy: Placing larger orders but less frequently to keep more inventory on hand.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Vendor Strategies Waste Reduction 52

Logistics Viewpoints

JANUARY 8, 2025

Labor Standards: There was a focus on reducing regulatory burdens on employers, including revisiting wage and hour laws, which affected workforce management across supply chains. Supplier Management Challenges: Companies may need to audit and vet suppliers more rigorously to ensure compliance with environmental, labor, and trade regulations.

Supply Chain Planning Software 117

Supply Chain Planning Software Compliance Supply Chain Software Supply Chains 117