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

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

3PL Links

JANUARY 8, 2025

Quality, aiming to reconcile excellence and savings in favor of a good service provided. An increase in tire consumption indicates, for example, excessive use of a vehicle, which can have other negative consequences for the business. Or when it is time to purchase new vehicles?

Optimal Sourcing 62

Optimal Sourcing Cost Reduction Resource Reduction Expense Reduction 62

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

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 105

eCommerce Logistics Network Optimization Software Eliminating Excel in Purchasing Supply Chain Software 105

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 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

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.

Procurement Solutions 62

Procurement Solutions Supply Chain Planning Software Modeling Software Supply Chain Software 62

Logistics Bureau

DECEMBER 24, 2024

Peters and Waterman in their best, sellerIn Search for Excellence identify one of the eight factors of organisational success as sticking to the knitting. For example, companies that have their own in-house vehicle fleet often struggle to deliver products on time. Warehousing and distribution management is nota core skill.

Outsourcing 52

Outsourcing Warehousing Negotiating Skills Purchasing Skills 52

Logistics Viewpoints

JUNE 9, 2022

This warehouse runs at a perfect optimum with fixed capital in the form of inventory balanced perfectly with sales and purchasing, and all the items perfectly distributed to the various storage areas of the warehouse. These parameters might be of a logistic nature, for example, the ABC classification of goods.

Logistics Network Optimization Software 117

Logistics Network Optimization Software Optimization Software Supply Chain Planning Software Modeling Software 117

Logistics Bureau

OCTOBER 26, 2020

As legislation focuses ever more heavily on environmental protection though, and consumers increasingly consider sustainability in their purchasing decisions, all supply chain organisations will need to find the way forward. When they know what to look for, they can add granularity to your search for environmental performance excellence.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 98

SYSPRO Smarter ERP

APRIL 22, 2024

The growth of your company is exciting, but expansion can present many new challenges. A good ERP will facilitate the expansion of your business by adding functionality – new processes, new customers, or new products, for example. Be clear on the costs associated with an ERP purchase. Software scales up better than people do.

Manufacturing Procurement 105

Manufacturing Procurement ERP Procurement Solutions Supply Chain Planning Software 105

Talking Logistics

JUNE 5, 2017

Take BMW as the latest example. An interruption in delivery of parts from a partner in Europe can therefore also have implications in China,” said [Markus Duesmann, BMW board member in charge of purchasing and supplier network]. As reported in the Wall Street Journal last week: “Automotive value chains are international.

Supply Chain Software 88

Supply Chain Software Supply Chains Manufacturing Procurement Eliminating Excel in Purchasing 88

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. At a high level, what GEON does is purchase plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. Mr. Herrin was a good fit.

Supply Chain Planning Software 129

Supply Chain Planning Software Supply Chain Transformation Scenario Planning Supply Chain Software 129

Talking Logistics

APRIL 12, 2017

Logistics Excellence: Now & in the eFuture. As I wrote last June, investments are rising in Supply Chain Operating Networks and Descartes is a prime example of this trend in action — a trend that I predict will continue to gain momentum in the months and years ahead. Will this include drone deliveries?

Supply Chain Planning Software 83

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chains 83

Logistics Bureau

NOVEMBER 14, 2018

Thus, if you find out that an expensive transport solution (courier for example) is routinely being used to deliver a low margin product to a customer, you’ll understand that much better if the end result for you turns out to be a loss. Customer-specific services. Returns management. The Value of Knowing Your CTS.

Purchasing Skills 93

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

Talking Logistics

OCTOBER 15, 2018

Especially since many retailers have already purchased and shipped their goods ahead of the looming tariff changes. For example, if the brand defines target production capacity for each style in the collection, material suppliers can anticipate their production orders for each month or quarter.

Inventory Reduction 72

Inventory Reduction Inventory Supply Chain Planning Software Logistics Network Optimization Software 72

Logistics Bureau

DECEMBER 20, 2021

Inventory Turns: An Illustrative Example. Here’s an example of the total calculation of inventory turns: Company A has COGS of $315 million for the year 2020. So to return to Company A in the previous example, the calculation would be as follows: 365/6.76 = 53.99. Total value of inventory = $50,000,000.

Inventory Reduction 98

Inventory Reduction Inventory Cost Reduction Purchasing Skills 98

Logistics Business Magazine

DECEMBER 16, 2021

On behalf of the VerkehrsRundschau magazine, an independent market research institute surveyed a representative number of purchasing decision-makers from the transport and logistics sectors about the best-known brands. One example is the “Best Practice Innovations” award from Logistra magazine, which belongs to the Huss publishing house.

Materials Handling 52

Materials Handling Modeling Software Eliminating Excel in Purchasing Handling 52

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

Logistics Bureau

OCTOBER 23, 2016

Equipment and technology intensive: The fresh supply chain operator must utilise specialised—and expensive— equipment and technology to prolong the freshness of produce and present it to consumers in the best possible condition. There’s simply no room for penny-pinching in this supply chain sector.

Supply Chain Design Software 71

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 71

FreightWaves SONAR

MARCH 5, 2021

However, that’s changing with the release of new FreightWaves SONAR Van Current Day Rate (FWS) and reefer (FWSR) indices, the FreightWaves Scientific National Truckload Rates Per Mile indices, which present the Lane Signal data predictions in a ticker format for faster review and application. FWS.USA or FWSR.USA FWS7.USA USA or FWSR28.USA

Freight 98

Freight Cost Reduction Expense Reduction Price Reduction 98

Logistics Bureau

DECEMBER 3, 2024

As legislation focuses ever more heavily on environmental protection though, and consumers increasingly consider sustainability in their purchasing decisions, all supply chain organisations will need to find the way forward. When they know what to look for, they can add granularity to your search for environmental performance excellence.

Supply Chain Planning Software 72

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 72

Logistics Business Magazine

APRIL 17, 2024

Not receiving a child’s birthday present on time or not receiving paper instructions after purchasing a piece of furniture are good examples of customer frustrations. No matter how excellent customer service interactions are, issues like these deeply impact experience and ultimately brand loyalty.

Supply Chain Software 60

Supply Chain Software Supply Chains Optimal Sourcing Optimization Software 60

3PL Links

DECEMBER 2, 2022

We present some of the most effective strategies to improve the performance of supply logistics in companies: Vertical integration: In this situation, a backward vertical integration method would be used. This technique entails purchasing the primary raw material source in order to have more control over supply.

Inbound 62

Inbound Sourcing Strategies Material Savings Inventory Reduction 62

GlobalTranz

FEBRUARY 25, 2015

Editor’s Note: This is our second post in a collaborative blog post series about mobility in manufacturing & logistics along with Catavolt, who helps manufacturing organizations drive operational excellence with mobile apps. What is an Example of Internet of Things? ” The hyperconnected world is today’s reality.

Manufacturing Procurement 107

Manufacturing Procurement Optimization Software Logistics Network Optimization Software Supply Chain Planning Software 107

WorkWave

SEPTEMBER 2, 2021

Many prospective business owners steer clear of such ventures due to the hassles they can present. Buy an Appropriate Delivery Route. Usually, you not only buy a route with an established business presence, but you also purchase the equipment needed for such services. Or do you plan on hire purchase options?

Logistics Network Optimization Software 52

Logistics Network Optimization Software How To Optimization Software Procurement Solutions 52

GlobalTranz

MAY 4, 2016

Nearly every company offers some sort of discounted shipping plan for large purchase orders, and more customers are demanding faster delivery at a reduced rate. For example, a decreased revenue yield per mile may suggest poor fuel-burn within a given fleet. In modern manufacturing and transportation, savings are everything.

Freight 60

Freight Procurement Analytics Sourcing Strategies Cost Reduction 60

Logistics Bureau

MARCH 14, 2018

In addition, while rivers and mountains stay where they are, other geographical features, like conurbations, change over time; associated factors such as labour availability and customer buying habits may change even faster. Premium orange juice for example has a storage life of about 65 days. Tropicana Products, Inc.

Supply Chain Software 77

Supply Chain Software Warehousing Automation Supply Chain Design Software 77

Logistics Business Magazine

JANUARY 20, 2022

Online buying will continue to fuel growth in home deliveries, presenting challenges that demand new strategies. The pandemic saw an increase in ecommerce that is set to continue in 2022 as the changes in consumer buying behaviour become more structural.

Supply Chain Planning Software 51

Supply Chain Planning Software Supply Chain Software Supply Chains Price Reduction 51

Logistics Bureau

AUGUST 1, 2022

More to the point, though, for S&OP to be effective, it matters not whether a company uses Excel spreadsheets or the latest best-of-breed sales and operations planning software. So, for example, the Head of Supply might be the Supply Chain Director, Supply Chain Manager, or another non-executive supply chain management specialist.

Supply Chain Planning Software 98

Supply Chain Planning Software Scenario Planning Operations Supply Chain Design Software 98

Logistics Bureau

JANUARY 1, 2018

The following are examples. A key example is the expert system. If a new visitor arrives and shows a similar pattern of navigation, the engine swings into action with “You might also like (insert name of frequently purchased product here)”. Image processing is an example. One example is supplier performance evaluation.

Supply Chain Planning Software 63

Supply Chain Planning Software Supply Chain Software Supply Chains Modeling Software 63

WorkWave

AUGUST 24, 2020

According to the University of the People, critical thinking is: Universal; Crucial for the economy; Improves language and presentation skills; Promotes creativity; Important for self-reflection; Key for career success. These skills include, but are not limited to, being adaptable and having excellent time management skills.

Logistics Network Optimization Software 52

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

Locus

FEBRUARY 27, 2023

Before that, he wanted to purchase a pair of shoes from a nearby store. The shopkeeper presented him with two sets of Nike shoes. Time to value is the time customers spend to derive value from the purchased product. This time between purchasing the shoes and deriving value from them is what we call business as the time to value.

Optimization Software 52

Optimization Software Procurement Solutions Eliminating Excel in Purchasing Purchasing Skills 52

GlobalTranz

JANUARY 21, 2015

The manufacturer has access to the distributor’s inventory data and is responsible for generating purchase orders. Definition: Solicit your suppliers to come into your company to assist you with Supply Chain Cost Reductions, and other important issues, rather than your suppliers soliciting your purchasing dollar. If not, modify it.

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

Logistics Business Magazine

SEPTEMBER 27, 2022

the forklift truck manufacturer which is part of the KION Group, is currently present in 52 countries and pursues the ambitious goal of being successfully represented in 86 markets in the EMEA economic area in the coming years. These are also excellent products that very precisely cover the needs of our customers. Baoli EMEA S.p.A. ,

Negotiating Skills 55

Negotiating Skills Purchasing Skills Manufacturing Procurement Price Reduction 55

AIMMS

JUNE 23, 2016

Gartner’s Noha Tohamy offered a great presentation about this at their recent Supply Chain Executive Conference. Another example, this time in the oil industry, would be an oil blending app. You don’t need a large team to start building your own Supply Chain Analytics Apps, but you do need buy-in from the start.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 62