Ship Monk

MARCH 11, 2024

Did you know that 93% of consumers say that online reviews influence their purchase decisions? Every time we buy something online, we’re gambling that what we see is what we’re going to get. Every time we buy something online, we’re gambling that what we see is what we’re going to get. That’s a mind-blowing statistic.

eCommerce 105

eCommerce Logistics Network Optimization Software Case Study Procurement Solutions 105

Trinity Logistics

NOVEMBER 30, 2021

Most importantly, do I want to buy the software outright or outsource? And if you’re looking to purchase software outright versus outsourcing with a 3PL, you’ll soon realize that not all transportation management software companies offer the same thing. A 3PL can be an excellent option for a transportation management provider.

Supply Chain Design Software 116

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Optimization Software 116

IoT World Today

MARCH 27, 2020

These tools will become the foundation on which supply chain managers gain insight into their markets and erratic supply and demand trends. Today most companies use Excel to put together different scenarios,” Bailey said. And “it’s a great tool,” but there are more sophisticated, more accurate tools to do sourcing.

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Procurement Analytics 145

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

Parade

JUNE 24, 2019

Technology can be a powerful tool to grow your freight brokerage business and introduce incredible efficiencies to your operations. 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? In a recent.

Eliminating Excel in Purchasing 60

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

Logistics Viewpoints

MAY 11, 2023

The concept of digital twins has emerged as a powerful foundational tool to drive improvements in warehouse productivity and efficiency. For example, they can test the effect of increasing or decreasing safety stock levels or changing the replenishment frequency of certain products. come with any of them.

Optimization Software 122

Optimization Software Supply Chain Design Software Modeling Software Digital 122

SYSPRO Smarter ERP

JANUARY 13, 2025

A single, integrated system built for the specialized needs of the food and beverage industry enables manufacturers to effectively manage areas such as quality control , compliance, traceability, purchasing, inventory management , warehouse operations, sales and financials. For example, review the systems scalability.

Optimization Software 52

Optimization Software Manufacturing Procurement Supply Chain Planning Software Modeling Software 52

The Lean Thinker

DECEMBER 21, 2017

If you choose to buy the book, I get small affiliate kickback that doesn’t affect the price you pay. On the one hand, the practice has become more sophisticated as people explore and learn application in contexts other than the original industrial examples. Don’t just read. A Bit of History: Toyota Kata has Evolved.

Material Savings 236

Material Savings Examples Resource Reduction How To 236

Log-hub

MARCH 7, 2025

H&Ms Garment Collecting Program is a perfect example of reverse logistics in action. A great example is Fairphone , a sustainable smartphone brand that designs devices with replaceable parts, allowing users to repair or upgrade components instead of discarding the entire phone. billion in 2022 and projected to grow at a CAGR of 9.4%

Waste Reduction 40

Waste Reduction Resource Reduction Material Savings Cost Reduction 40

Logistics Viewpoints

APRIL 24, 2023

The visibility to spend allows them to provide excellent benchmarking in several areas. The supply chain design solution, for example, continues to grow in depth and usability. Initially, this product will focus on the purchase order (PO) acceptance process. That has recently changed. Coupa meets this definition.

Supply Chain Design Software 109

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 109

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 122

Supply Chain Planning Software Digital Supply Chain Design Software Scenario Planning 122

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

JULY 9, 2015

On the other hand, there is a rising need for smarter and more flexible tools as well as more staff with analytical capabilities. Volatility impacts every aspect of a business, from purchasing to production to logistics. ERP systems have reached their limits and there is a pressing need for more flexible and smarter tools.

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Software Optimization Software Optimal Sourcing 91

Talking Logistics

APRIL 24, 2017

Last Saturday, we celebrated Earth Day, making this an excellent time for each of us to examine our own commitment to the environment. In recent years, businesses and consumers across the country have demonstrated that sustainability matters – both in terms of what they buy and how vendors are selected. In fact, 22% of U.S.

Optimal Sourcing 91

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Optimization Software 91

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

Trinity Logistics

OCTOBER 31, 2021

While a TMS might seem daunting and expensive, it’s become an essential tool for businesses to be successful. Are you using programs like Excel and Outlook to manage your shipments? Who uses Transportation Management Software? Why You Need Transportation Management Software. It’s a large piece of the logistics puzzle.

Optimization Software 126

Optimization Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 126

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

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. It’s the narrative.

Supply Chain Planning Software 129

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

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 108

Supply Chain Planning Software Scenario Planning Optimal Sourcing Supply Chain Software 108

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

EazyStock

MAY 28, 2019

EazyStock is one of the automation tools I see provide high value to my customers. The solution enables companies to better understand: What to buy. When to buy. In what quantities to buy. For example, using Excel to manually calculate buffer stock levels and re-order quantities.

Automation 49

Automation Negotiating Skills Modeling Software Procurement Solutions 49

EazyStock

JUNE 24, 2020

Taking all these variables into account, reorder points and quantities are set, and a daily list of recommended orders is produced to feed back into your ERP to create purchase orders. An inventory optimization tool does all the heavy lifting, so you can ‘manage by exception’, using software to flag issues that require additional human input.

Procurement Solutions 98

Procurement Solutions Inventory Reduction Inventory Supply Chain Planning Software 98

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

RPA Labs

FEBRUARY 24, 2022

It’s important to consider this example when pursuing robot process automation workflow. To ensure buying RPA for the supply chain is worthwhile, freight forwarders should consider the following eight items during their RPA search. These detailed reports become a tool to monitor chief financial areas such as profit and loss analytics.

Supply Chain Software 76

Supply Chain Software Optimization Software Automation Logistics Network Optimization Software 76

Logistics Bureau

NOVEMBER 16, 2020

For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. For example, you can be doing finance in supply chain, or you can be doing operations. APICS, for example, runs some really good supply chain and logistics programmes. Data Managers.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 98

ShipLilly

JUNE 16, 2021

For example, hackers violated an oil-supply route in the USA and shut down an entire contingent of gas stations for a while. These incidents have the propensity to place a further strain on a transportation system that must be in excellent condition to meet the demands placed on it by consumers.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 98

Ship Monk

OCTOBER 24, 2023

With the right product, right team , and right tools, any small ecommerce brand can effectively challenge big ecommerce brands. 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. Enter fine-tuned product pages.

eCommerce 64

eCommerce Eliminating Excel in Purchasing Procurement Solutions Buyer Training 64

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

Stord

APRIL 4, 2022

There are few tools in the industry that can also utilize what-if analysis to plan for segments of the year - such as seasonality, peaks/valleys based on marketing campaigns, or regional opportunity planning. Some companies still are even using manual processes with Excel spreadsheets to track their inventory! 2020 sales plus 20%).

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Optimization Software 78

EazyStock

MAY 28, 2019

EazyStock is one of the automation tools I see provide high value to my customers. The solution enables companies to better understand: What to buy. When to buy. In what quantities to buy. For example, using Excel to manually calculate buffer stock levels and re-order quantities.

Automation 40

Automation Negotiating Skills Modeling Software Procurement Solutions 40

Talking Logistics

OCTOBER 15, 2018

Especially since many retailers have already purchased and shipped their goods ahead of the looming tariff changes. Getting the Right Tools for the Job. 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

Ship Monk

AUGUST 20, 2021

Before you jump on any purchases or investments, see if they’re a need-to-have, a must-have, or somewhere in between. Manufacturing issues and temperamental weather, for example, are among the top culprits behind shipping delays and things just not going according to plan. More than anyone, we know that ship happens.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software eCommerce Manufacturing Procurement 98

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

GlobalTranz

FEBRUARY 2, 2015

No Purchase Orders were used. VMI is an excellent option for many dealers and distributors as it has the ability to increase inventory turns, reduce customer returns, reduce administrative costs and reduce lost sales. A real world example of Vendor Managed Inventory in play is electrical products company Leviton Manufacturing.

Vendor Strategies 94

Vendor Strategies Inventory Reduction Modeling Software Inventory 94

GoShip Blog

AUGUST 2, 2022

However, it’s vital to understand what audiences are the most likely to buy from you. For example, simple demographic data will show you the most active age group and their activities or occupations. It gives you an excellent start for creating a tailored purchasing experience and improving the components of certain items.

Supply Chain Design Software 52

Supply Chain Design Software How To Logistics Network Optimization Software Eliminating Excel in Purchasing 52

Freightos

MARCH 23, 2016

In this guest post, Kevin Everson the Vice-President of Supply Chain Solutions at RMG Networks , investigates two examples of driving more supply chain value with logistics big data and data visualization. Data Visualization Example #1: Mobile Mastery. Data Visualization Example #2: Seeing is Believing. Fundamental Feature.

Data 54

Data Logistics Network Optimization Software Supply Chain Software Modeling Software 54