FreightWaves SONAR

MARCH 15, 2021

Supply chain professionals responsible for transportation procurement at Fortune 500 companies focus on three things – budget forecast accuracy, service scores and primary tender acceptance. harder to procure capacity at the benchmark rate per mile ) in both the outbound and inbound directions.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

Ship Monk

MARCH 21, 2024

Legacy Customer Relationship Management (CRM) software systems, such as Salesforce, were originally developed to help sales teams funnel and track potential customers through long sales pipelines, from generating leads to closing the sale, then supporting and maintaining the customer relationship. What is CRM Software?

Optimization Software 105

Optimization Software eCommerce Logistics Network Optimization Software Procurement Solutions 105

Logistics Viewpoints

FEBRUARY 11, 2021

At the same time, the Chief Purchasing Officer (CPO) has taken on a pivotal role by securing Personal Protective Equipment (PPE) to protect the workforce and direct materials when primary sources fail. As an example, the new administration in the U.S. This calls for a constant review and changes in supplier mix.

Manufacturing Procurement 124

Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies Procurement Solutions 124

Logistics Viewpoints

MARCH 20, 2023

Chakri Gottemukkala, CEO at Supply Chain Planning Vendor o9 Solutions There are several young supply chain software companies that are unicorns. One of the more interesting is o9 Solutions. In January of 2022, Dallas-based o9 Solutions was valued at $2.7 The post Why is o9 Solutions Growing So Fast?

Supply Chain Planning Software 115

Supply Chain Planning Software Modeling Software Procurement Solutions Supply Chain Software 115

Logistics Viewpoints

MARCH 3, 2025

Knowledge Graphs are emerging as an important tool for building advanced AI capabilities. What Celanese has accomplished is the single best example ARC is aware of employing agentic AI and copilots at scale. The occurrence of any of these events disrupts the global supply chain and can deeply impact profitability.

Packing 80

Packing Supply Chain Design Software Negotiating Skills Supply Chain Planning Software 80

Logistics Viewpoints

MARCH 27, 2023

Solvoyo’s Solution Bugaboo: something that causes fear or distress out of proportion to its importance. Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. Would better forecasting accuracy be a good thing? Absolutely!

Supply Chain Planning Software 110

Supply Chain Planning Software Scenario Planning Optimal Sourcing Supply Chain Software 110

Logistics Bureau

AUGUST 7, 2023

In this article, we’ll look at some of those challenges and explore potential solutions to help you and your IM team meet the burgeoning demand for fast and accurate order fulfilment. Moreover, the ecommerce explosion has brought new and unique challenges that complicate inventory management for enterprises selling online.

Inventory Reduction 98

Inventory Reduction eCommerce Inventory Procurement Solutions 98

SYSPRO Smarter ERP

NOVEMBER 1, 2022

Despite external challenges such as economic conditions, fluctuating customer preferences and unexpected global events that change the way businesses perform, the manufacturing industry continues to experience growth. Smaller manufacturers, for example, have to consider the costs as challenges can become magnified as a business expands.

ERP 98

ERP Supply Chain Planning Software Factories Supply Chain Software 98

Talking Logistics

MARCH 28, 2017

Here are the four key foundational components of the digital yard, and what each looks like in action: Use software to eliminate islands of information. Achieving this goal starts with implementing a software package that can manage repeatable processes consistently across your organization.

Supply Chain Software 0

Supply Chain Software Logistics Network Optimization Software Digital Operations 0

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

The industrial equipment and machinery (IM&E) industry needs to start looking at solutions that will handle change in key elements of the supply chain, production operations, and shipment activities without being disrupted. It ties into the ERP system where quotes and purchase orders are managed. The new normal for manufacturers.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software ERP Manufacturing Procurement 115

SYSPRO Smarter ERP

MARCH 21, 2022

SCM solutions provide oversight of materials and products, and their associated data, as they move through the supply chain from supplier to consumer. In a survey on the use of software in supply chain planning, most of the organizations were found to be using manual or outdated methods. Benefits of a Supply Chain Management solution.

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 116

Logistics Bureau

APRIL 4, 2022

The benefit of this is that you’ll be in a more proactive state when unforeseen events or crises arise with minimal warning. It will also make it easier to determine, for example, if you should opt for contract rates over spot rates or vice versa. Alternatively, you can procure access to a digital freight benchmarking platform.

Negotiating Skills 96

Negotiating Skills Logistics Network Optimization Software Purchasing Skills Supply Chain Planning Software 96

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Ensure that, somewhere along the way, data diagnostic tools will be used to check for missing and inconsistent data automatically. . Maintaining all past and future promotional events in a database.

Supply Chain Planning Software 116

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 116

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. But do you really need to look specifically at digital twin solutions, or might some of these already be available in the automation you already have? come with any of them.

Optimization Software 124

Optimization Software Supply Chain Design Software Modeling Software Digital 124

Logistics Viewpoints

NOVEMBER 28, 2022

OMP provides supply chain planning (SCP) solutions. And agility is about reacting quickly and hopefully effectively to the actual disruptive event. But the event might not be disruptive at all if you had planned for it. That often means that the way procurement deals with key suppliers needs to change.

Supply Chain Planning Software 111

Supply Chain Planning Software Scenario Planning Optimal Sourcing Manufacturing Procurement 111

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. And “it’s a great tool,” but there are more sophisticated, more accurate tools to do sourcing. About 82% that use advanced analytical tools, according to Supply Chain Quarterly.

Supply Chain Planning Software 145

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

SYSPRO Smarter ERP

OCTOBER 11, 2021

For example, the manufacturing of pharmaceuticals vs. processing liquid waste in the mining industry. In the pharmaceutical example, it is a batch process manufacturing where the products are made as specified groups. This can be different as well as for the purchasing (e.g. Types of process manufacturing. Inventory control.

Manufacturing Procurement 119

Manufacturing Procurement ERP Supply Chain Planning Software Purchasing Skills 119

EazyStock

JULY 22, 2021

Consider demand forecasting software. For example: In addition, as products move through their product lifecycle from market entry to maturity and decline, their demand types will keep changing: An item’s demand type is important, as it should be used to determine the type of calculation (or algorithm) you use for forecasting.

Inventory Reduction 105

Inventory Reduction Inventory Optimization Software Procurement Solutions 105

Logistics Viewpoints

FEBRUARY 8, 2022

As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. For example, they might browse products online, but visit a brick-and-mortar store to finalize their selection. due to the higher costs associated with online selling.

Optimal Sourcing 105

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 105

Logistics Bureau

NOVEMBER 16, 2020

You are not alone, especially as in the time since we first penned this article, one huge and unforeseen event has raised awareness of the global importance of this vital sector—and shown it to be an attractive career choice. That event was the global COVID-19 pandemic, which erupted during the first half of 2020.

Supply Chain Planning Software 98

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

Talking Logistics

JULY 25, 2018

This invite-only event brought together supply chain and IT executives from a cross section of companies, along with several executives from IBM, including Jeanette Barlow, Vice President of IBM Supply Chain Solutions, and Ron Castro, Chief Supply Chain Officer at IBM. Take EDI, for example. IBM Watson Supply Chain Summit.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 94

Logistics Viewpoints

MAY 3, 2023

Whilst they are classed as indirect purchases, this procurement category plays an essential role in day-to-day operations. So, when geopolitical events and the pandemic struck, things that you were expecting to happen, didn’t happen. The supply chain is a chain, and it is only as strong as its weakest link.

Supply Chain Design 106

Supply Chain Design Supply Chains Scenario Planning Procurement Solutions 106

Logistics Business Magazine

OCTOBER 25, 2021

One area that is increasingly receiving more attention is Warehouse Management Solutions (WMS). Andrey Kazachkov, Head of Warehouse Automation at premier custom software development provider First Line Software. But let’s start with a couple of scenarios where software takes precedence. Where software comes first.

Supply Chain Software 47

Supply Chain Software Supply Chain Planning Software Procurement Solutions Logistics Network Optimization Software 47

GlobalTranz

FEBRUARY 6, 2017

Amazon’s purchase of Kiva Robots changed the landscape of robotics in the supply chain. Technology Will Reshape Procurement Practices. Better procurement practices translate into better overall sales, but the role of procurement in driving sales’ statistics will change throughout 2017. Robotics Will Grow More Versatile.

Supply Chain Planning Software 73

Supply Chain Planning Software Procurement Analytics Supply Chain Software Manufacturing Procurement 73

Logistics Viewpoints

MAY 3, 2021

Supply chain collaboration networks, which provide wide ranging visibility to events occurring upstream and downstream in supply chains, can help companies be more agile. These solutions support information exchanges with a community of trading partners. These disruptions have elevated the supply chain function to the boardroom level.

Supply Chain Software 115

Supply Chain Software Supply Chains Manufacturing Procurement Optimal Sourcing 115

EazyStock

OCTOBER 20, 2020

Qualitative factors: Add any qualitative forecasting factors into your data, such as sales promotions, competitor activity or external market events. For more complex inventory classification, use inventory optimization software , which carries out multi-dimensional item categorization. Know your star products!

Inventory Reduction 98

Inventory Reduction Optimization Software Inventory Optimization Modeling 98

EazyStock

MARCH 17, 2021

Customers will flock to stores and websites to purchase gifts and holiday décor. Black Swan Events. A black swan event is an unexpected event with severe consequences, like the Great Recession or the current COVID-19 pandemic. This category is sometimes lumped together with black swan events. Emergency Backup Plan.

Supply Chain Planning Software 78

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

Logistics Business Magazine

NOVEMBER 24, 2023

Ralf Duester, board member of the Bochum-based SCM software specialist Setlog, shows which trends will be important in 2024. His statements are based not only on discussions with experts from the industry and research, but also on data from Setlog customers who use the SCM tool OSCA. ERP silos are being dismantled 7.

Supply Chain Planning Software 55

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimization Software 55

Ship Monk

FEBRUARY 3, 2024

These people are genuinely interested in your product — so much so, that they have purchased your products. Email vs. Other Forms of Communication For many years, email has been the gold standard of communication tools for DTC businesses. They’ve trusted you with their email address and mobile number. The downside?

eCommerce 105

eCommerce Tips Procurement Solutions Logistics Network Optimization Software 105

GlobalTranz

APRIL 3, 2018

Manifesting this trend is the terminology and concept of Digital Path to Purchase — the omni-channel, tech-focused approach to supporting and acting on a consumer’s purchase. Supporting an efficient digital path to purchase requires comprehensive digital collaboration.

Supply Chain Planning Software 78

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

Logistics Viewpoints

DECEMBER 8, 2022

When it comes to executing mode-specific freight moves from origin to destination efficiently, reliably, and cost-effectively, transportation execution and visibility solutions play a critical role. Transportation execution solutions allow shippers to connect to multiple carriers and then tender, track, and pay in the system.

Supply Chain Planning Software 114

Supply Chain Planning Software Transportation Modeling Software Logistics Network Optimization Software 114

GlobalTranz

OCTOBER 23, 2015

At times, both parties agree to remuneration for Kaizen Blitz events, Six Sigma problem solving. Solution 1 : This can be significantly improved by engaging a consulting team to review existing KPIs and recommend changes. Solution 3 : A consultant has partnered with a KPI Analyst. Strategic Human Resource Development System.

3PL 99

3PL Supply Chain Planning Software Resource Reduction Supply Chain Design Software 99

Material Handling and Logistics

DECEMBER 6, 2018

The intellectual property (IP) of a machine’s embedded software configuration is not controlled by the service recipient, but by the owner of the machine. Solutions are supplied to maintain (i.e., For example, a public warehouse forklift user could be charged a fee of $3.75/ton break/fix) and improve (i.e., Sales Channel.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Optimization Modeling Modeling Software 100

Logistics Viewpoints

MAY 2, 2022

TORC and Daimler Truck held an event for journalists last week at a TORC facility in Albuquerque. The event provided their perspective on these questions. The biggest investments in autonomous trucks from the financial community have been bet on the middle mile solution involving large Class 8 trucks. And who will win the race?

Trucking 115

Trucking Procurement Solutions Modeling Software Logistics Network Optimization Software 115

Logistics Viewpoints

JUNE 20, 2022

China, for example, only produces 14% of their total units, only 3% of those units end up being exported to the United States and 2% to EMEA. A regional supply chain does not mean supply chain operations are not impacted by global events. Much of the world’s fabric is produced in Asia, for example.

Supply Chain Planning Software 111

Supply Chain Planning Software Supply Chain Software Manufacturing Procurement Supply Chains 111

Logistics Business Magazine

AUGUST 11, 2020

Many inventory planners are still reliant on basic stock management tools to carry out their challenging roles. Inventory optimisation swaps basic linear inventory calculations for probabilistic formulas, to help account for uncertainty when predicting future events. The first is demand forecasting.

Inventory Reduction 67

Inventory Reduction Inventory Procurement Solutions Supply Chain Software 67

SYSPRO Smarter ERP

MAY 2, 2024

Together, these factors will change the way manufacturers view the potential of ERP software. million companies are expected to spend $183 billion on ERP software over the next 12 months. of total IT software spend, and 5% of overall IT spending. It’s a sizable market, with research conducted by HG Insights stating that 1.4

ERP 59

ERP Supply Chain Planning Software Modeling Software Optimization Software 59