Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. The First Step: Bring all the data together and ensure analytics and planning can happen on the same platform. . Accurate and timely reconciliation of purchase orders with receipts.

Supply Chain Planning Software 166

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 166

FLS Transport

FEBRUARY 10, 2021

The hottest stories in freight can be found here, in the Weekly Freight Report: 1. Of course, there’s a massive need for more capacity right now and that’s largely what’s driving the purchases. More trucks is definitely a step in the right direction. Trying to time the market exhausts shippers.

Procurement Analytics 98

Procurement Analytics Freight Purchasing Skills Trucking 98

SYSPRO Smarter ERP

MARCH 9, 2022

In 1990, technological research and advisory firm, Gartner, created the definition for enterprise resource planning (ERP) as: “an integrated suite of business applications. Many also extend to inventory management, order management, procurement, and production. Procurement can be a complex process in a manufacturing environment.

Supply Chain Planning Software 119

Supply Chain Planning Software Supply Chain Software ERP Manufacturing Procurement 119

Logistics Viewpoints

AUGUST 7, 2023

Around the world, 1 million plastic bottles are purchased every minute. The research is not definitive. Solving the Problem Plastic is a low cost, durable product that has allowed packaged foods to be purchased at lower cost with less wastage. Both Coke and Pepsi produce sustainability reports. Inflammation?

Procurement Analytics 113

Procurement Analytics Purchasing Skills Waste Reduction Cost Reduction 113

Logistics Business Magazine

JUNE 16, 2023

CMC Packaging Automation, a leading supplier of automated packaging and mailing solutions that is proud partner of KKR’s Global Impact team and backed by Amazon’s Climate Pledge Fund, has launched its first annual sustainability report. Planning for the future The new sustainability report outlines the company’s environmental and social aims.

Procurement Analytics 57

Procurement Analytics Material Savings Packaging Procurement Solutions 57

Logistics Business Magazine

OCTOBER 11, 2022

Descartes Systems Group , a global leader in uniting logistics-intensive businesses in commerce, has released its October report on the ongoing global shipping crisis and analysis for logistics and supply chain professionals. The post Latest global shipping crisis report released appeared first on Logistics Business® Magazine.

Procurement Analytics 61

Procurement Analytics Cost Reduction Purchasing Skills Supply Chains 61

Logistics Viewpoints

JULY 6, 2022

That article stated that Target, Walmart, and others recently reported during earnings calls that they have too much inventory in certain item categories and that the cost of holding inventory is negatively impacting their profit margins.

Inventory Reduction 174

Inventory Reduction Inventory Purchasing Skills Optimal Sourcing 174

Locus

JULY 28, 2022

As delivery managers, you deal with many responsibilities, from managing fuel costs to analyzing workforce performance. It is the hows that guide your purchasing decisions. Analytics and Insights. The on-ground and historical data provide you with rich analytical insights on performance gaps. Route optimization.

Optimization Software 52

Optimization Software Modeling Software Definition Logistics Network Optimization Software 52

Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. I saw how their platform unified finance and procurement activities, but not supply chain. Coupa meets this definition. That has recently changed.

Supply Chain Design Software 139

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 139

Logistics Viewpoints

OCTOBER 7, 2022

Earlier this week, I read a sobering report from the national Retail Federation (NRF) regarding shrink. The recently released National Retail Security Survey shows that total shrink in 2021 reported by retailers is now almost a $100 billion problem. Most reported in-store, e-commerce, and omni-channel fraud are all on the rise.

Logistics Network Optimization Software 126

Logistics Network Optimization Software Supply Chain Design Software Vendor Strategies Procurement Analytics 126

SYSPRO Smarter ERP

NOVEMBER 3, 2021

can be measured to define this metric. Manufacturing Cycle Time : This metric is most accurately obtained using real-time monitoring with a Manufacturing Execution System (MES). Freight bill accuracy : Whether shipping from factory to warehouse, or to the customer, this metric helps identify problems in billing operations.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 105

Logistics Viewpoints

MARCH 9, 2023

The solution should integrate easily with various internal and external data sources and processes, model constraints at a granular level, use common parameters throughout the supply chain with a single source of truth, provide detailed plan scenarios, and leverage new technology for speed.

Supply Chain Planning Software 140

Supply Chain Planning Software Supply Chain Software Scenario Planning Optimization Software 140

Logistics Viewpoints

JANUARY 3, 2022

The devices are surprisingly inexpensive, costing $350-500 per vehicle per year depending upon the volume of devices purchased. These kinds of solutions have been available for a few years and customers report robust reductions in safety incidents. Finally, there are also cost issues. million miles.

Trucking 173

Trucking Trends Modeling Software Logistics Network Optimization Software 173

Conger

MARCH 28, 2024

Introduction to Fleet Management Fleet Management Definition Businesses across all sectors depend on commercial vehicles to transport people and products daily from cross-country delivery services to your neighborhood gas and oil provider. This integration also helps detect discrepancies or unauthorized fuel usage, thus controlling costs.

Optimization Software 72

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 72

Ship Monk

JANUARY 9, 2024

If your ecommerce brand hasn’t explored other sales channels, you are definitely missing out. Brands that allow consumers to purchase without leaving the social platform they’re on have an advantage over brands that don’t, but only if consumers can easily navigate the product catalog and checkout process. “As

eCommerce 105

eCommerce Trends Optimization Software Supply Chain Software 105

Ship Monk

MARCH 11, 2024

Did you know that 93% of consumers say that online reviews influence their purchase decisions? In this article we’ll explore the definition of social proof and its importance in influencing shopping decisions. Referrals One of the first things consumers do when making a big purchase is ask friends and family for recommendations.

eCommerce 105

eCommerce Logistics Network Optimization Software Case Study Procurement Solutions 105

3PL Links

SEPTEMBER 5, 2016

The first tip is definitely a game changer. Mind Your Metrics. In order to improve your warehousing and distribution process, you have to understand the metrics you will be using to figure out productivity, what baseline you’re beginning with and what your target is. Automation. Get Employees Involved. Review and revise.

Tips 59

Tips Distribution Vendor Strategies Procurement Analytics 59

The Lean Thinker

DECEMBER 9, 2022

The work also met every definition of “difficult, dirty and dangerous.” Meanwhile at the opposite end of the building, the production scheduling team works to carefully orchestrate the availability of packaging materials, purchased components, as well as scheduling each phase of production so work is available for the next step.

Modeling Software 259

Modeling Software Optimization Software Expense Reduction ERP 259

Ship Monk

FEBRUARY 3, 2024

These people are genuinely interested in your product — so much so, that they have purchased your products. Once the recipient clicks/taps through the email, tracking is handed off to another tool, such as Google Analytics. They’ve trusted you with their email address and mobile number. How Often This is tricky.

eCommerce 105

eCommerce Tips Procurement Solutions Logistics Network Optimization Software 105

SYSPRO Smarter ERP

SEPTEMBER 1, 2022

The Australia Institute Centre for Future Work Report revealed that the country ranks last among all OECD developed countries for manufacturing self-sufficiency. Down under, a drive to reshore Australian-made goods has become a definitive part of the Albanese Labor Government’s ‘Buy Australia’ plan.

Manufacturing Procurement 105

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

Logistics Bureau

JANUARY 7, 2020

The definition above is not from any textbook, but is one that I am sure you will agree, describes a state of affairs that any corporate leader or business owner would be happy to attain. . Conversely, just 8% of businesses with less capable supply chains report above-average growth. Procurement costs.

Supply Chain Design Software 131

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 131

Logistics Bureau

JANUARY 9, 2019

The definition above is not from any textbook, but is simply one that I’m sure you’ll agree, describes a state of affairs that any corporate leader or business owner would be happy to arrive at. Conversely, just 8% of businesses with less capable supply chains report above-average growth. Procurement costs.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 118

Ship Monk

JANUARY 11, 2024

Today we’re going to talk about what you can do, before and after the purchase, to mitigate the damage returns can have on your brand. Sunken costs: This includes the labor and packaging to fulfill the original order, plus shipping, insurance, duties, and any other fees. the cost of goods sold). Let’s take apparel, for example.

Procurement Solutions 111

Procurement Solutions Inventory Reduction Supply Chain Planning Software Material Savings 111

Logistics Viewpoints

DECEMBER 1, 2022

In the study we conducted in 2022 called “ Ecommerce: Is Retailer Fulfillment and Delivery Performance Keeping Up with Sales Growth? ”, convenience was cited as the number one reason consumers bought online and had their goods delivered—and it is consumers’ intention to have more ecommerce purchases delivered to the home.

Cost Reduction 139

Cost Reduction Resource Reduction Supply Chain Planning Software Logistics Network Optimization Software 139

Logistics Business Magazine

MAY 25, 2023

Thanks to its unique steering and drive system, its striking appearance is definitely advantageous in narrow aisles. Thus, the range of applications expands significantly, and this creates a high level of attractiveness for replacement or new purchases of such trucks. The concept of the Aisle Master is not new.

Procurement Analytics 52

Procurement Analytics Modeling Software Picking Logistics Network Optimization Software 52

Locus

JANUARY 8, 2024

In the tightly knit fabric of retail, a clear view of the supply chain’s inner workings is a definitive edge for business. Strategic technology deployment unlocks efficiencies that go beyond mere cost control, enriching the customer’s experience at every touchpoint.

Cost Reduction 52

Cost Reduction Expense Reduction Resource Reduction Logistics Network Optimization Software 52

Ship Monk

MARCH 30, 2024

If your ecommerce brand imports from international sources, this is definitely a reason why ShipMonk should be your 3PL of choice. MonkProtect MonkProtect is a post-purchase suite that helps ecommerce brands “stress less and grow more” by protecting ecommerce orders. Have more questions?

3PL 105

3PL Supply Chain Design Software Optimization Software Supply Chain Software 105

Material Handling and Logistics

FEBRUARY 19, 2018

purchasing/procurement manager with a manufacturer of building equipment with 21-25 years of experience, living in the South Atlantic region and earning $36,00. Minority Report. “My position in this company is underpaid and I believe most people in this job will agree.

Survey 118

Survey Manufacturing Procurement Materials Handling Optimal Sourcing 118

Apparel Logistics

AUGUST 17, 2016

Sixty-nine percent of Americans shop online regularly, according to a 2015 online shopping report from market intelligence agency Mintel. However, if you broaden the definition of e-commerce to include using the internet for researching products and services before purchasing, that number jumps to 81 percent, according to Retail Today.

Procurement Analytics 48

Procurement Analytics Definition Purchasing Digital 48

Logistics Viewpoints

SEPTEMBER 9, 2022

It is definitely a bittersweet time of year. The company touted itself as the “world’s largest corporate purchaser of renewable energy” in last year’s sustainability report that laid out its goal to reach net-zero carbon emissions by 2040. percent of all applicable facilities. As of Sept.

Logistics Network Optimization Software 134

Logistics Network Optimization Software Cost Reduction Resource Reduction Logistics 134

GlobalTranz

JULY 20, 2016

trillion, reports James Keller of Internet Retailer , and 2016 is shaping up to surpass last year’s records. More customers will be engaged in eCommerce this year than ever before, and retailers are seeing a definite shift in the number of customers making online purchases. More Emphasis on Real-Time Analytics.

Supply Chain Design Software 50

Supply Chain Design Software Optimization Software Logistics Network Optimization Software Supply Chain Software 50

Ship Monk

NOVEMBER 12, 2020

Lastly, while customer acquisition is optimal for quickly building metrics, these metrics may not always be the best indicators of overall longevity. Repeat customers will make repeat purchases and have a tendency to spend more per order. What Is Customer Retention? Customer retention grows lifetime value, or LVT.

Expense Reduction 64

Expense Reduction Procurement Analytics Strategy Article 64

Ship Monk

JUNE 30, 2023

There seem to be about a million metrics to watch if you want to run a successful ecommerce business. You can track as many metrics as you want, but not every performance indicator qualifies as a KEY performance indicator (KPI) for your ecommerce business. Let’s start with some definitions. Which ones are the most important?

eCommerce 52

eCommerce Inventory Reduction Manufacturing Procurement Procurement Analytics 52

Logistics Viewpoints

JUNE 28, 2021

Their technology includes a 1,000-meter perception range, 35 second planning horizon, high-definition maps with accuracy within five centimeters, and a fully redundant sensor suite and components. A customer would purchase TuSimple’s fully autonomous semi-trucks directly from a semi-truck manufacturer. million miles.

Trucking 92

Trucking Logistics Network Optimization Software Cost Reduction Procurement Solutions 92

EazyStock

OCTOBER 21, 2021

Now, instead of managing their inventory manually in Excel spreadsheets, EazyStock automatically calculates reorder points and quantities and recommends purchase orders. We purchase our raw materials from all over the world, and we sell our products mainly within the EU. That’s why he’s EazyStock’s Automation Hero for October!

Supply Chain Software 52

Supply Chain Software Procurement Solutions Supply Chain Planning Software Automation 52

FreightWaves SONAR

AUGUST 23, 2021

While that may be too soon to call, it’s clear that these are trying times for shippers and brokers that purchase ocean capacity. Ocean shipping issues have caused some to question whether Christmas will be cancelled. While we are not in a global container shipping boom , we are in a U.S. Request a SONAR Demo. Request a SONAR SCI Demo.

White Paper 52

White Paper Demo Procurement Analytics Data 52

GlobalTranz

FEBRUARY 25, 2021

Remanufacturing and refurbishing activities also may be included in the definition of reverse logistics.”. Customers expect to return products in the same way they purchased them, so it is not always as simple as just returning to a store. Meanwhile, the rate of returns and hence the demand for reverse logistics is increasing.

Reverse logistics 84

Reverse logistics Inventory Reduction Cost Reduction Manufacturing Procurement 84