Parade

JUNE 24, 2019

If you are a business owner or member of the leadership team, you’ve probably already asked yourself this question: Should I build these tech solutions in-house or should I buy them? There's nothing to buy. Just because tech presents excellent opportunities for your brokerage, doesn't mean you have to become a tech company.

Eliminating Excel in Purchasing 60

Eliminating Excel in Purchasing Procurement Solutions Logistics Network Optimization Software Freight 60

Parade

JUNE 24, 2019

In a recent article, Peter Rentschler, CEO at CarrierDirect, discussed why freight brokerages should focus on better utilizing their existing Transport Management System (TMS) to increase operational efficiency, rather than investing in upgrading their systems or purchasing something new. There's nothing to buy. The question is: how?

Eliminating Excel in Purchasing 60

Eliminating Excel in Purchasing Procurement Solutions Logistics Network Optimization Software Freight 60

Parade

JUNE 24, 2019

In a recent article, Peter Rentschler, CEO at CarrierDirect, discussed why freight brokerages should focus on better utilizing their existing Transport Management System (TMS) to increase operational efficiency, rather than investing in upgrading their systems or purchasing something new. There's nothing to buy. The question is: how?

Eliminating Excel in Purchasing 60

Eliminating Excel in Purchasing Procurement Solutions Logistics Network Optimization Software Freight 60

GlobalTranz

JANUARY 8, 2016

We conclude this two part series about manufacturing operations excellence by consultant Chuck Intrieri, by outlaying why manufacturers should focus on a critical component that will help sustain manufacturing operations excellence for years to come. What is Driving Sustainable Manufacturing Operations Excellence? Work centers?

Manufacturing Procurement 63

Manufacturing Procurement Eliminating Excel in Purchasing Supply Chain Planning Software Supply Chain Software 63

Logistics at MPEPS at UPV

MARCH 29, 2023

You may think I am crazy or I have too much free time, but… I actually track the goods I buy and the stock of essentials on an excel sheet. For example, I decided to always have in stock at least 5 bottles of 8L of water or to have 1 kg of lentils. Continue reading to find out how I do it. Consumption list.

Inventory 52

Inventory Eliminating Excel in Purchasing Purchasing Skills Exercises 52

10xLogistics

OCTOBER 19, 2022

In a 1993 Harvard Business Review article (and subsequently in his book Double Digit Growth ) Micheal Treacy and his co-author Fred Wiersema argue that most companies have to pick one strategy they will really excel at and exploit it. Operational Excellence - This is low cost. Let me use another example: The Kitchenaid Standmixer.

Cost Reduction 117

Cost Reduction Price Reduction Supply Chain Design Software Strategy 117

3PL Links

NOVEMBER 12, 2024

Example: Retail giant Zara uses real-time data from its stores to adjust inventory dynamically. Example: Amazon’s fulfillment centers are famous for using robotics to streamline order processing and packing. Example: A manufacturing firm faced potential delays when a hurricane disrupted operations at a key supplier.

Cost Reduction 62

Cost Reduction Material Savings Supply Chain Software Supply Chain Planning Software 62

Ship Monk

OCTOBER 28, 2024

Every ecommerce business is looking for that magic ingredient that catches a potential customer’s attention, draws them to a product page, and convinces them to hit that buy button. We all have questions that need to be answered before we hit the buy button. Here’s an example from ShipMonk’s website. How does it work?

How To 57

How To Optimization Software eCommerce Procurement Solutions 57

Ship Monk

JANUARY 29, 2024

Each time a customer makes a purchase from your ecommerce brand they are giving you two things. Because by putting in their credit card numbers and hitting BUY, they are trusting that this transaction will positively benefit them in some way. The first is obvious—their business. The second, which is less obvious, is their trust.

eCommerce 104

eCommerce Logistics Network Optimization Software Eliminating Excel in Purchasing Supply Chain Software 104

Ship Monk

FEBRUARY 12, 2024

Basically you need to provide info on everything people buying your products could potentially want to know in order to make an informed decision. Potential customers also value opinion when bridging the gap from browse to buy. A strong customer service game before a purchase is made can help reduce returns. Think about it.

Inventory Reduction 57

Inventory Reduction Material Savings eCommerce Resource Reduction 57

Logistics Viewpoints

MARCH 9, 2023

The classical approach involves functional silos, sequential decisions, and Excel and people to render a plan executable. Big data is used to understand a customer’s propensity to buy, the tendency to return, conversion of clicks to orders, demand sensing signals, individualized promotions, etc.

Supply Chain Planning Software 132

Supply Chain Planning Software Supply Chain Software Scenario Planning Optimization Software 132

AIMMS

NOVEMBER 12, 2019

So should the purchasing process. . RFIs tend to work well for certain industries (like government) or for purchasing equipment and industrial assets, bu t t hey often fall short in helping supply chain teams select a new software vendor. There is valuable time and effort put in by both the supplier and the purchasing party.

Supply Chain Planning Software 101

Supply Chain Planning Software Procurement Solutions Modeling Software Supply Chain Software 101

Logistics Viewpoints

AUGUST 12, 2024

For example, Mr. Tamma explained, “for the BMW X5 model, we have a specific corresponding products ranging from 19-inch to 22-inch rim sizes.” Pirelli needed to move from using an army of representatives visiting dealer sites, showing them massive catalogs, and saying to the dealer, “You could buy this or this or this.”

Supply Chain Planning Software 136

Supply Chain Planning Software Digital Supply Chain Design Software Scenario Planning 136

Logistics Viewpoints

DECEMBER 2, 2021

There will be little relief in 2022 unless the factors driving the increased import volumes—a strong economy and the fundamental shift in consumer behavior to purchase more goods and less services—change. Online buying will fuel home delivery growth, challenges and new strategies.

Waste Reduction 195

Waste Reduction Cost Reduction Inventory Reduction Resource Reduction 195

Ship Monk

MAY 18, 2023

The simple description for MonkProtect is a post-purchase suite that helps ecommerce brands “stress less and grow more” by helping customers “stress less and buy more.” Our MonkProtect technology provides best-in-class post-purchase protection and extra added benefits. That’s not hyperbole; it’s fact.

Purchasing Skills 52

Purchasing Skills Procurement Solutions Supply Chain Design Software eCommerce 52

Logistics Bureau

MAY 30, 2022

Despite the apparent complexities involved in supply chain management, achieving excellence really doesn’t have to be too difficult. In this post, we explain what those pillars are, why they matter, and how to align them in a way that supports supply chain management excellence. The Importance of Alignment.

Inventory Reduction 113

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 113

Ship Monk

JULY 28, 2021

Think of the last time you purchased a product or service based on the recommendation of a friend, family member, or your favorite social media influencer. Yup, even dinosaurs looked to fellow terrifying reptiles for guidance on their buying habits. Take us, for example. Let’s begin! What Is Social Proof? Types of Social Proof.

Eliminating Excel in Purchasing 98

Eliminating Excel in Purchasing Case Study Procurement Analytics Purchasing Skills 98

SYSPRO Smarter ERP

SEPTEMBER 27, 2021

This strategy creates a subscription-based revenue stream, while the physical good itself is often a one-time purchase. For example, a refrigerator manufacturer can attach an IoT sensor to each of the appliances to monitor up-time and the products temperature. Data can also enable cross-sector collaboration. Where to start.

Manufacturing Procurement 105

Manufacturing Procurement Data Modeling Software Optimization Software 105

Ship Monk

MARCH 4, 2021

As such, they excel in different ways, even if their usage is sometimes perceived as interchangeable. AR, for example, is great for workforce training situations where employees still need a firm grasp on the real world, and VR can be used for simulations, virtual tours, and, yes, video games. AR and VR: Benefits and Examples.

eCommerce 97

eCommerce Eliminating Excel in Purchasing Modeling Software Procurement Analytics 97

Logistics Viewpoints

MAY 11, 2023

Specifically, through modeling and simulation of a digital twin you’re able to ‘virtually try before you buy’ — modelling different scenarios quickly and easily without interrupting operations, or committing significant time and capital. Do they purchase a 3D warehouse simulation and modeling tool?

Optimization Software 157

Optimization Software Supply Chain Design Software Modeling Software Digital 157

Logistics Viewpoints

NOVEMBER 29, 2021

MIC was recognized by Ford Motor Company as a top-performing global supplier at Ford’s 23rd annual World Excellence Awards. But in some industries, automotive is a prime example, these solutions enable optimal decision-making with respect to the impact of customs on business operations. GTC Software is not just about Compliance.

Optimal Sourcing 118

Optimal Sourcing Manufacturing Procurement Optimization Software Material Savings 118

Logistics Bureau

MAY 31, 2021

If yours is one of those businesses shifting from traditional to online retail, you’ve probably faced some of the logistical challenges arising from the need to deliver your customers’ purchases to them. For example: Compared to selling a product in-store, the cost to deliver that same item as a small parcel can be several times higher.

Cost Reduction 117

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 117

The Logistics of Logistics

MARCH 13, 2021

MetaExperts are talent operational excellence (OpEx) hands-on-deck, training, and get-it-done partners. Getting into buying consortiums to increase influence and minimize service disruptions. About MetaOps and MetaExperts. Response to node failures is robust. Perfect fulfillment capable.

Sourcing Strategies 195

Sourcing Strategies Inventory Reduction Resource Reduction Price Reduction 195

Logistics Business Magazine

JUNE 25, 2024

Take Germany, for example: the “Trends in Logistics & SCM” study conducted by the German Logistics Association BVL in 2023 shows that cost pressure was the most important topic for decision-makers in 2016, but in 2023 it only ranks fourth. Things were different a few years ago. Sometimes very successfully.

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 59

Stord

MAY 15, 2024

Customer satisfaction hinges on more than just the quality of the products purchased; it's also deeply influenced by the efficiency and reliability of the delivery process. When customers hit 'purchase,' they're not just buying a product; they're buying an experience — one that includes a swift and smooth delivery process.”

Sourcing Strategies 78

Sourcing Strategies Logistics Network Optimization Software Supply Chain Design Software Packaging 78

ShipLilly

FEBRUARY 8, 2023

Consumers are preparing for challenging times by buying and spending less. Yet, consumers still demand excellent consumer experiences, such as delivery on time and in excellent shape. For example, some businesses could position themselves as the source for hard-to-find items that have not been recently stocked by most rivals.

Inventory Reduction 52

Inventory Reduction Inventory Handling Price Reduction 52

Conger

MARCH 19, 2021

Whether you should lease or buy a forklift. Forklift Leasing vs. Buying: 5 Factors to Help You Decide Which Is Best For You. Pros and Cons of Leasing and Buying a Forklift. The date your lease agreement ends and you either turn in your lift truck, re-lease it, or purchase it. Forklift lease prices. Let's dive in!

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Purchasing Skills Manufacturing Procurement Procurement Analytics 52

Logistics Bureau

NOVEMBER 3, 2024

Mini Case Study: Walmart Walmart may be the most famous example of a company that has succeeded primarily because of a well-developed and aligned supply chain strategy. That should be sobering news for any business not yet focused on supply chain excellence as a lever for business success.

Supply Chain Design Software 82

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 82

3PL Links

MAY 23, 2024

This phenomenon has opened up consumption by making it possible for consumers to buy unique, cutting-edge goods at cheap costs without having to travel far from their homes. This kind of product has gained enormous popularity abroad, and its success serves as an example of industry trends worldwide.

Trends 48

Trends Inventory Reduction Sourcing Strategies Expense Reduction 48

Ship Monk

OCTOBER 24, 2023

Confused and unimpressed customers don’t click BUY. Sometimes prospective customers can be torn between buying the product they’re after from one seller vs. another. So incentivize buyers who don’t send items back (and therefore are likely satisfied with their purchases) to leave reviews for your brand.

eCommerce 62

eCommerce Eliminating Excel in Purchasing Procurement Solutions Buyer Training 62

Envase Technologies

JULY 21, 2022

Given the current state of the market, the best way to achieve these priorities is to find opportunities to excel at the following: Control fuel costs. Without question, the largest cost incurred by any small trucking company is the purchase of fuel. But in the end, you have to purchase fuel. Next, get started on these 4 steps.

Procurement Solutions 75

Procurement Solutions Purchasing Skills Eliminating Excel in Purchasing Optimization Software 75

Ship Monk

JULY 26, 2023

MonkProtect is a post-purchase suite that helps ecommerce brands “stress less and grow more” by helping customers “stress less and buy more.” However, while shipping companies will vary in terms of their policies, with ShipMonk, ecommerce clients don’t have to stress about keeping their packages safe because we have MonkProtect.

eCommerce 52

eCommerce Tips Supply Chain Planning Software Eliminating Excel in Purchasing 52

Logistics Viewpoints

MARCH 27, 2023

Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. Some suppliers of demand management software can also provide excellent forecast benchmarking for selected industries. forecasting product sales at 10,000 stores.

Supply Chain Planning Software 123

Supply Chain Planning Software Scenario Planning Optimal Sourcing Supply Chain Software 123

Logistics Viewpoints

SEPTEMBER 20, 2022

In this blog, I’ll try to shed more light on it with examples from our work with our customers. Think of the Lego as the ultimate example of a composable toy. Examples of Composability in Supply Chain Planning Platforms. Here are some real-life examples from the trenches to demonstrate what I mean by flexibility and modularity.

Supply Chain Planning Software 129

Supply Chain Planning Software Supply Chain Software Scenario Planning Optimization Software 129

EazyStock

MAY 28, 2019

The solution enables companies to better understand: What to buy. When to buy. In what quantities to buy. Several, but the most prominent one from our vantage point is getting away from using Excel to attempt—and I stress, “to attempt”—calculate what to buy, when to buy and in what quantities.

Automation 49

Automation Negotiating Skills Modeling Software Procurement Solutions 49

GoShip Blog

DECEMBER 28, 2022

Mailers or poly bags are an excellent alternative to boxes for shipping small clothing items because they reduce the risk of damage and are cheaper. There is no one-size-fits-all approach, and the option you choose will depend on your customer’s buying behavior, your product prices, and what your bottom line allows. Free shipping.

Purchasing Skills 52

Purchasing Skills How To Eliminating Excel in Purchasing Optimization Software 52

Ship Monk

APRIL 26, 2023

2-Day shipping is when ecommerce customers receive their orders within two days of purchase, assuming they click BUY before a specific cutoff time on a given day. For example, say an ecommerce merchant has a 2-Day delivery policy for orders received before 3PM. Sound simple? The remarketing possibilities are abundant!

eCommerce 98

eCommerce Purchasing Skills Eliminating Excel in Purchasing Procurement Solutions 98