EazyStock

APRIL 28, 2022

What does supply chain optimization mean? Put simply, supply chain optimization means using technology to get inventory to the right place at the right time – at the lowest cost and highest profit for your business. Supply chain optimization best practice. Increase technology to improve forecast accuracy.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Optimization Software 52

Logistics Viewpoints

OCTOBER 24, 2024

Spend Management Takeaways SAP continues to invest in using generative AI to improve the user experience. SAP is embedding its generative Joule across the SAP Ariba source-to-pay solution portfolio to make it easier for their customers to manage routine inquiries, such as status updates, summarization, and frequently asked questions.

SAP 139

SAP Procurement Solutions Manufacturing Procurement Procurement Analytics 139

Freightos

JANUARY 15, 2024

For example, the Freightos Baltic Index indicates a 69% increase to North America’s East Coast and a staggering 226% to Northern Europe since the crisis began. Despite this, there’s a wave of optimism for 2024 sweeping across importers and exporters.

Negotiating Skills 127

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 127

EazyStock

DECEMBER 13, 2020

Optimize Inventory. Having a transparent and detailed account of what inventory you are currently holding will help you optimize your inventory levels while allowing you to be responsive to market demand. For example, did you take out a loan through the Paycheck Protection Program ? Improve Demand Forecasting.

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Supply Chain Planning Software Cost Reduction 98

WorkWave

JUNE 27, 2024

For example, a major retail chain reported significant logistical challenges due to driver shortages during the peak holiday season. Work-Life Balance Initiatives Implementing initiatives to improve work-life balance, such as flexible schedules and more home time, can reduce turnover rates and improve job satisfaction.

Optimal Sourcing 92

Optimal Sourcing Supply Chain Planning Software Optimization Software Availability 92

Freightos

NOVEMBER 7, 2023

Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 3% to $1,609/FEU.

Negotiating Skills 133

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 133

Freightos

NOVEMBER 7, 2023

For example, some carriers shared with us their APIs for contract rates, others for spot rates, some for rates but not ebooking, others share APIs via third parties who charge an exorbitant price for accessing the API. That is a huge success story for the air cargo industry and as promised it has brought significant efficiencies.

eBook 115

eBook Optimal Sourcing Negotiating Skills Digital 115

Freightos

DECEMBER 6, 2023

Judah Levine December 6, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) were level at $1,620/FEU.

Negotiating Skills 118

Negotiating Skills Price Reduction Optimal Sourcing Vendor Strategies 118

AIMMS

MARCH 30, 2020

The examples below show you how to do this in AIMMS SC Navigator Apps, but we encourage you to study these scenarios in the tools you have at your disposal. . There is a strategic incentive in understanding the optimal sourcing location for specific customers, and the optimal sourcing location for different resources.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Planning Software Scenario Planning Supply Chain Design 62

EazyStock

FEBRUARY 17, 2021

In this post we’ll explain the top inventory replenishment methods they use to improve profitability right across their supply chain. Here’s our top five that specifically focus on improving your profitability. For example, you may notice that some sites carry excess stock of certain products, but others have shortages of the same SKU.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction 75

EazyStock

AUGUST 9, 2022

This is where supply chain digitalization projects can help to automate simple processes, improve efficiency and save money. Finding optimal healthy stock levels isn’t easy. With accurate demand forecasting information, inventory managers can set optimal stock levels to meet demand while keeping costs to a minimum.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Optimal Sourcing Procurement Solutions 52

FreightWaves SONAR

MARCH 22, 2021

Failures to understand the severity of the problem can quickly amount to massive waste across different sectors, particularly in transportation procurement and execution. . To further drill into this example, consider an individual lane with high market volatility. Request a SONAR Demo. Request a SONAR SCI Demo.

Data 98

Data Negotiating Skills Freight Resource Reduction 98

FreightWaves SONAR

JANUARY 21, 2021

The needs to improve fleet asset utilization and to maintain better control over trucking costs are absolute. Improving the t ransportation networks and enhancing fleet asset utilization can be challenging. They become essential to improving asset utilization within the shipping supply chain. Request a SONAR Demo.

Data 98

Data Sourcing Strategies Tips Optimal Sourcing 98

FreightWaves SONAR

DECEMBER 15, 2020

As an example, it may be necessary to leverage drop shipping to give a manufacturer the opportunity to fill the order and manage its transportation process. Now going back to the examples of what-if scenarios, it is possible to isolate the conditions in which an optimum outcome will occur. Request a SONAR Demo.

Scenario Planning 105

Scenario Planning Freight Supply Chain Planning Software Supply Chain Software 105

FreightWaves SONAR

JANUARY 4, 2021

Here are 10 shipper of choice tips to help enterprises secure capacity and improve relationships with carriers, not to mention transportation brokers. Improving dock efficiency times ensures drivers can get in and out quickly, which reduces delays in order fulfillment and transportation. Request a SONAR Demo.

Tips 111

Tips Security Capacity Supply Chain Software 111

EazyStock

MARCH 17, 2021

Especially for companies sourcing goods from China, Chinese (or Lunar) New Year marks a 2-week (and often longer) holiday for Chinese manufacturers. Demand can also surge unpredictably – one recent example is the sudden increase in demand for personal protective equipment (PPE) with the spread of COVID-19. Diversify Suppliers.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 78

EazyStock

FEBRUARY 7, 2020

Reducing stock levels to carry more lines (without accurate forecasting and inventory optimization tools) can lead to stockouts and expensive backorders or rush orders from suppliers. Many are turning to inventory optimization practices to balance their stock levels. Accurate Demand Forecasts for Intelligent Procurement.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

EazyStock

APRIL 13, 2022

Considering every phase in the supply chain, such as sourcing goods, logistics and delivery, the strategy optimizes operations to reduce costs and maximize profits. A good supply chain strategy is about fulfilling demand, driving customer value, improving responsiveness, facilitating financial success and building a good network.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 52

Ship Monk

MARCH 11, 2024

And when we feel uncertain, humans tend to look for examples of what others in our situation have done. We’ll give you some examples of social proof, and we’ll even rank them in terms of trustworthiness. Social Proof Examples, Ranked Social proof can take many forms, and they’re not all equal. What is Social Proof?

eCommerce 105

eCommerce Logistics Network Optimization Software Case Study Procurement Solutions 105

Transporeon

MARCH 22, 2018

Freight RFQs are complex, and almost every procurement project is unique in its design. Suppliers can use this new flexibility to integrate effects from enhanced capacity utilization or to optimize the routes of certain allocation scenarios in a price calculation. In our simple example, this step could have been done manually.

Optimal Sourcing 48

Optimal Sourcing Negotiating Skills Purchasing Skills Negotiate Pricing 48

RPA Labs

FEBRUARY 24, 2022

It’s important to consider this example when pursuing robot process automation workflow. Other important reports provide alerts of business slowdowns to promote better optimization. To learn more about an experienced, well-versed automation solution, schedule a demo with RPA Labs today.

Supply Chain Software 76

Supply Chain Software Optimization Software Automation Logistics Network Optimization Software 76

Freightos

JANUARY 25, 2024

Aimee Loshinsky January 25, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo In Freightos Q4 2023 KPI press release , we announced that the company surpassed one million bookings across the platform in 2023. Freight is digitizing itself now at real scale.

Logistics Network Optimization Software 127

Logistics Network Optimization Software Optimization Software Digital Buyer Training 127

FreightWaves SONAR

APRIL 19, 2021

When it comes to reducing carbon emissions, electric vehicles and switching fuel sources are all the rage. The Environmental Protection Agency (EPA) found that 34% of carbon dioxide emissions come from transportation, but simply switching fuel sources is not going to eliminate the industry’s carbon footprint.

Optimal Sourcing 52

Optimal Sourcing Cost Reduction Material Savings Sourcing Strategies 52

WorkWave

JUNE 4, 2024

From optimizing your online presence to leveraging social media and customer reviews, these tips will help you stand out in a competitive market and grow your business effectively. Additionally, a Facebook Business page can help improve your search engine rankings. Here are some recommended actions and strategies to consider: 1.

Optimal Sourcing 52

Optimal Sourcing Material Savings Sourcing Strategies Optimization Software 52

FreightWaves SONAR

MARCH 5, 2021

Unlike other tools in the market, the Lane Signal considers an abundance of data from multiple sources, not just dirty data that flows through one system like other industry tools. If the dotted line is before the hard-line, carrier sales representatives should understand the carriers power is improving in that area.

Negotiating Skills 98

Negotiating Skills Modeling Software Sourcing Strategies Logistics Network Optimization Software 98

Freightos

NOVEMBER 6, 2024

One speaker – Megan Kelley of Crane Logistics – for example, shared that Crane aims to have their partners use the standards they’ve developed in-house. At Crane, successful integration of disparate data sources is already leading to cost savings by eliminating duplicate work and many errors.

Sourcing Strategies 62

Sourcing Strategies Logistics Network Optimization Software Optimization Software Digital 62

Blue Grace Logistics

JUNE 21, 2018

Transportation Management Workflow may be defined as a supply chain workflow that connects and links the various parties involved along the chain from, for example, the seller’s warehouse to the buyer’s warehouse. These analyses can help you optimize your supply chain process and also provide overall cost reduction. Consolidation.

Cost Reduction 49

Cost Reduction Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 49

FreightWaves SONAR

FEBRUARY 25, 2021

For example, think about the use cases of these most impactful benefits to come from logistics upgrades and automation include: Continuous development of SaaS and a renewed focus on customized service offerings. Improved predictive analysis and projection with logistics automation data and insights. Request a SONAR Demo.

Supply Chain Software 90

Supply Chain Software Logistics Network Optimization Software Automation Sourcing Strategies 90

Locus

MARCH 20, 2023

Their mission is to ensure direct, transparent and efficient transactions between growers and buyers while optimizing the cold chain to ensure the freshest quality of products to all stakeholders. For example: all orders placed between 8-12 p.m. Digitalizing the last-mile to bring 99.5% They found all that they needed with Locus.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 52

EazyStock

APRIL 18, 2023

Higher interest rates make borrowing money more costly, making financing day-to-day operations such as inventory procurement, transportation and storage more expensive. For example, warehouse costs, insurance and financing. One way is to pass these increases on to your customers to reduce the need to source more capital.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Reduction Optimal Sourcing 52

Ship Monk

FEBRUARY 8, 2023

Whether you manage your own fulfillment warehouse or outsource ecommerce order fulfillment and logistics to a 3PL , there is always room for improvement. But how do you identify what is going well and what needs improving? Metrics vs. KPIs Metrics and KPIs are often confused for one another, but there are subtle differences.

Optimal Sourcing 59

Optimal Sourcing Operations Optimization Software Inventory Reduction 59

Locus

NOVEMBER 28, 2022

One such example is the Middle East. Another challenge is keeping delivery staff working at optimal levels to match customers’ ever-changing delivery slot time preferences. If you are looking to ramp up your last-mile delivery efficacy and improve your bottom line, reach out to our experts today. Schedule Demo.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Logistics Network Optimization Software Webinar 52

FreightWaves SONAR

MARCH 5, 2021

Effective transportation procurement depends on having an outlook to cost exposure, and analytics platforms need to ensure their predictions offer up accurate freight rate projections, measuring how well they align with the final, observed rate per mile. Request a SONAR Demo.

Freight 98

Freight Cost Reduction Expense Reduction Price Reduction 98

Locus

JUNE 21, 2022

Everything from your grocery delivery in a matter of minutes, to the television set you purchased online that was delivered with utmost care is an example of efficient last-mile delivery. Schedule Demo. In 2021, retail e-commerce sales amounted to approximately $4.9 trillion worldwide. trillion in 2025. Talk to our experts!

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Sourcing Strategies Optimization Software 52

WorkWave

AUGUST 22, 2024

Explore Different Suppliers Shopping around for flowers and supplies is crucial for any florist aiming to optimize cost efficiency. Diversifying suppliers not only reduces costs with retail prices but also diminishes reliance on a single source, safeguarding your business against price fluctuations and supply shortages.

Optimization Software 52

Optimization Software Cost Reduction Price Reduction Expense Reduction 52

FreightWaves SONAR

MARCH 2, 2021

This helps to realize fewer tender rejections, increases an understanding for requests for proposal (RFPs) bringing optimal deals, and improves lead time planning to secure capacity procurement. For example, the above image shows an OTRI of 26.83 Request a FreightWaves SONAR demo by clicking the button below.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Data 52

Parade

JANUARY 3, 2022

Source Search Parade’s Source Search function allows brokerages to filter carriers in several different ways. Perfecting the use of the search feature could help , improve carrier relationships by finding exactly the right carrier for the load. For example, if you’ve got a carrier that says they hate L.A.

Sourcing Strategies 78

Sourcing Strategies Optimal Sourcing Price Reduction Capacity 78