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Key Takeaways from SAP Spend Connect Live

Logistics Viewpoints

This is the largest area of investment for the company outside of ERP. At one of the demo booths, what stood out was the ability of the procurement solution to track savings leakage over the course of a contract. 5000 developers are working on product enhancements and extensions to the SAP spend management suite.

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6 Inventory Control Techniques for Stock Optimization

EazyStock

Trends: Product demand is influenced by fashion, technology, social, economic and legal factors. Look out for such trends in your historical demand data and adjust your forecasts accordingly. Many ERP and WMS systems will use one of these approaches. Schedule a Demo.

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The WMS Ecosystem – Six Degrees of Separation from Cal Petty

Logistics Viewpoints

I regularly speak with colleagues about what they are seeing from vendors or what trends they are noticing in the space. Are there webinars or product demos you can attend outside of normal work hours to increase your knowledge? Additionally, integration to other systems has become a significant portion of discussions.

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[INFOGRAPHIC] FreightWaves SONAR spot freight market data sources

FreightWaves SONAR

TMS reporting feeds While tender data may come from any existing system or ERP used to execute shipments, another key resource comes from the multitude of TMS platforms in the market. Know ing what’s happening in ports and major international border crossings amounts to seeing the overall trends of product flows into and out of the U.S.

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[Infographic] The Four Types of Transportation Analytics to Know

FreightWaves SONAR

Within the ever-changing shipping and freight management market, there is an underlying need to know and understand shipping data trends running throughout the industry. Applications have grown to provide insight across traditional application silos, such as ERP, warehouse management, logistics and enterprise asset management.”

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Why Real-Time Visibility Should be Core to Your Supply Chain Strategy

CH Robinson Logistics

A key component of this technology trend is the need for a supply chain visibility platform. Request a demo here or email info@mytmc.com. Using technology to drive strategy and improve performance—and ultimately create financial value—is top of mind for shippers today managing complex global supply chains.

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How do you forecast lumpy demand?

EazyStock

Historical data trends and market knowledge of how demand can fluctuate are often used to forecast inventory demand. Enterprise Resource Planning systems (ERP), Warehouse Management Systems (WMS), and eCommerce platforms can offer a certain level of forecasting. It also reduces the need for you to be a statistical whizz.