SYSPRO Smarter ERP

MARCH 25, 2025

MES and MOM in Industry Strategy and the Smart Factory Many advanced manufacturers have an industry strategy that aligns and supports the overall business strategy and its objectives. MES therefore earned a reputation as an expensive and risky endeavor that often did not deliver on business goals. What is an MES?

Optimal Sourcing 88

Optimal Sourcing Sourcing Strategies Optimization Software Manufacturing Procurement 88

Locus

JANUARY 22, 2025

Introduction (Overview) Overview The most expensive part of logistics, last-mile delivery, is being transformed by AI. This final step of the logistics journey has always been notoriously expensive and complex. Key Benefits Fuel Savings: Better routing minimizes unnecessary travel, cutting fuel expenses.

Cost Reduction 52

Cost Reduction Expense Reduction Resource Reduction Inventory Reduction 52

The Logistics of Logistics

DECEMBER 29, 2020

Since 2011 carriers, 3PLs, shippers, and logistics technology vendors have looked to CarrierDirect to deliver the efficiency, strategy, go-to-market plans, and technology that will elevate their business above their competition. Socio-political events like trade wars and political upheavals around the world. Financial implications.

Supply Chain Planning Software 209

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Sourcing Strategies 209

The Logistics of Logistics

FEBRUARY 12, 2021

Freight damage is not only expensive and upsetting to customers, but it is also ridiculously hard to figure out where, when, and how it occurred. Ilya was formerly a strategy and operations management consultant within the Big 4 with both PwC and KPMG, advising Fortune 1000 clients across healthcare, technology, and private equity verticals.

Expense Reduction 195

Expense Reduction Freight Supply Chain Software Modeling Software 195

Bringg

AUGUST 1, 2018

The benefits of these virtual restaurants are obvious – diners get restaurant quality food delivered, while businesses are able to minimize overheads without requiring expensive physical spaces. There’s a lot of uncertainty, especially among large restaurant chains, as they plan their future strategy.

Expense Reduction 83

Expense Reduction Cost Reduction Strategy Trends 83

Logistics Viewpoints

JANUARY 30, 2025

Overlaying a dynamic layer on top of the WMS can sometimes be the the best and most efficient strategy. They can also manage order sequencing and task interleaving dynamically, making on-the-fly decisions to maximize throughput and reduce bottlenecks.

Optimization Software 88

Optimization Software Resource Reduction Automation Logistics Network Optimization Software 88

Stord

MAY 8, 2024

Deploying Modern E-Commerce Strategies Leveraging modern e-commerce strategies like pre-orders, influencer marketing, order consolidation (combining multiple orders into a single shipment), bundles, and upsells is currently a major operational and technical challenge for most DTC brands.

Optimal Sourcing 158

Optimal Sourcing Supply Chain Planning Software Inventory Reduction Optimization Software 158

Logistics Viewpoints

APRIL 6, 2023

In today’s dynamic and unpredictable business environment, companies face various challenges such as changing consumer demands, global uncertainty, and the impact of natural and man-made events. The costs associated with purchasing these items hit the “operational expenses” components of the company’s financial statements.

Optimal Sourcing 98

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Procurement Analytics 98

Logistics Viewpoints

APRIL 7, 2025

Whether you’re managing a distribution center, coordinating fleet operations, or shaping global supply strategy, understanding how to deploy and scale digital twins may be your next competitive edge. And reconfiguring layouts or processes can be risky and expensive. The Business Problem: Complexity Without Control 1.

Sourcing Strategies 52

Sourcing Strategies Supply Chain Planning Software Supply Chain Design Software Modeling Software 52

TransAudit

FEBRUARY 13, 2025

Companies that rely on reactive strategies risk falling behind, while those that prioritize resilience are better equipped to thrive. Reactive strategies focus on addressing issues as they arise, but these approaches: Lack foresight to predict disruptions. Cost Savings : Reduce inefficiencies and last-minute expenses.

Supply Chain Software 59

Supply Chain Software Supply Chain Planning Software Supply Chains Inventory Reduction 59

Logistics Viewpoints

JANUARY 21, 2021

Take events into consideration: Machine learning uses historical trends and events that can impact transit times, and use this information to provide predictions. Increased lead time accuracy reduces risks involved in transportation and logistics, improving your overall supply chain.

Supply Chain Planning Software 145

Supply Chain Planning Software Inventory Reduction Logistics Network Optimization Software Cost Reduction 145

Freightos

OCTOBER 15, 2024

Asia – Europe and Mediterranean trades – that, due to longer lead times for sailings around the Cape of Good Hope, had to have peak season goods moved out of Asia before Golden Week to receive them in time for Q4 consumer events – seem to be even further past peak demand than the transpacific.

Price Reduction 78

Price Reduction Cost Reduction Expense Reduction Resource Reduction 78

Logistics Viewpoints

NOVEMBER 22, 2022

Trucking companies need to manage many layers of safety and compliance, and while insurance is just one of them, it’s also among the most important and expensive. So, in an era of escalating costs, carriers need to always be on the lookout for ways to cut costs while maintaining proper and sufficient coverage.

Cost Reduction 113

Cost Reduction Expense Reduction Tips Trucking 113

ShipLilly

APRIL 7, 2021

This includes events that are caused or worsened by the weather conditions. Ultimately, this is about protecting the supply chain from events that are unexpected and largely outside of your control. That hope does not seem to be coming to fruition given events such as the ONE Apus incident which have dented customer confidence.

Cost Reduction 59

Cost Reduction Expense Reduction Inventory Reduction Resource Reduction 59

Logistics Bureau

MAY 31, 2016

When customers step up pressure on prices and when economic growth flattens or dips, a supply manager’s mind turns to cost reduction. Or rather, it turns even more to cost reduction, as squeezing out savings that then show up directly on the bottom line is a goal that never goes away. Elimination of redundant activities.

Cost Reduction 53

Cost Reduction Inventory Reduction Material Savings Expense Reduction 53

Logistics Viewpoints

JANUARY 17, 2023

Despite their best efforts, current events and market dynamics caught up with them, leading to issues managing their suppliers and sourcing the materials needed for their products. To counter strong inflationary pressures of the past few years, banks and governments increased interest rates, making borrowing much more expensive.

Supply Chain Software 112

Supply Chain Software Optimization Software Optimal Sourcing Logistics Network Optimization Software 112

GlobalTranz

OCTOBER 14, 2015

Technology can help to simplify your supply chain management, which will enable your business to operate more efficiently, give you more visibility and control over your inventory, and help to reduce your operational costs. Computerized Shipping and Tracking. Radio frequency identification (RFID) has become one of the megatrends in logistics.

Supply Chain Planning Software 104

Supply Chain Planning Software Supply Chain Software Supply Chain Technology Sourcing Strategies 104

Stord

MAY 3, 2018

Stagnant, stiff supply chains make adapting to real-world events like changing customer demand caused by the e-commerce boom or COVID-19 difficult. A quick review of internal processes and distribution strategy can eliminate touch points and wasted movement. Maybe you need to consolidate shipments and pool distribution?

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Planning Software Inventory Reduction Optimization Software 78

3PL Links

JANUARY 15, 2025

One effective approach is investing in storage systems, which integrate strategies and tools to simplify workflows and deliver better results. Its a cost-effective option for businesses aiming to reduce overhead expenses and benefit from expert logistics management.

Supply Chain Design Software 48

Supply Chain Design Software Optimization Software Modeling Software Optimal Sourcing 48

Locus

MARCH 27, 2024

Geocoding drastically cuts down on the headache of reattempted deliveries on these unclear by accurately locating unclear addresses, thereby saving costs and boosting customer satisfaction. This proximity reduces the need for long-haul deliveries, further cutting down transportation costs.

Cost Reduction 52

Cost Reduction Inventory Reduction Expense Reduction Resource Reduction 52

Dedola Global Logistics

AUGUST 9, 2024

Geopolitical tensions, equipment shortages, and global events like the Red Sea crisis contribute to the disruption. Beyond the base freight rate, additional expenses such as fuel surcharges, customs duties, and port fees add to the financial burden. Spot rates for regional hubs have increased by over 50%.

Inventory Reduction 75

Inventory Reduction Cost Reduction Expense Reduction Freight 75

3PL Links

JANUARY 1, 2025

Reducing deterioration and waste of goods. Below, we will explain some common challenges faced in the cold chain and the strategies to successfully overcome them. The WMS system provides traceability of all products, from receipt to dispatch, ensuring that products are identified in the event of any security issues.

Optimal Sourcing 62

Optimal Sourcing Optimization Software Supply Chain Design Software Modeling Software 62

Logistics Bureau

JUNE 5, 2023

There are ways and means to reduce excess expenditure in fleet operation , and you can separate them roughly into three categories. Consider Downsizing Your Fleet Reducing fleet size might be the most drastic option for cost reduction, but it’s also the one likely to deliver the most significant savings.

Cost Reduction 91

Cost Reduction Purchasing Skills Price Reduction Waste Reduction 91

FreightWaves SONAR

JULY 24, 2023

As the industry struggles to recover from the unprecedented global events of 2020, recognizing budget limitations is essential for industry growth and success. The costs of logistics as a ratio of total expenses are too significant to ignore. Think about this. Transportation management depends on historical and real-time data.

Cost Reduction 105

Cost Reduction Tips Expense Reduction Supply Chain Planning Software 105

GoShip Blog

MAY 11, 2021

Although it is hard to predict customer behavior and demand right now, analyzing your previous sales and operation strategy may help define mistakes and adapt your strategy to prevent those issues in the coming season. Recent events in the global economy have shown companies that they need to be more flexible and resilient.

Inventory Reduction 89

Inventory Reduction Expense Reduction Price Reduction Freight 89

Blue Grace Logistics

SEPTEMBER 28, 2021

All things considered, 78% of shippers were concerned with reducing shipping costs in general. These providers focus on leveraging their networks to create a reliable, supply chain strategy using various transportation modes including full truckload, less-than-truckload (LTL), rail, air, and ocean services.

Negotiating Skills 118

Negotiating Skills Cost Reduction Capacity Supply Chain Planning Software 118

WorkWave

SEPTEMBER 6, 2023

Using Simulations allows them to prepare for the intense growth that comes with catering a large event, adding a new facility and more. B2Bs can simulate potential risks and challenges that may arise in their operations by experimenting with different strategies in a risk-free environment.

Expense Reduction 96

Expense Reduction Cost Reduction Resource Reduction Scenario Planning 96

Conger

MARCH 28, 2024

These commercial vehicles are called fleets and are often one of the most expensive assets for a business. It helps in promoting safer driving practices and reducing breakdowns. One of the strategies to consider is adopting robust fleet management software, which enables businesses to automate and streamline fleet-related processes.

Optimization Software 72

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 72

GlobalTranz

MAY 21, 2015

Many manufacturers & retailers have found that they can use state of the art supply chain management to reduce inventory & warehousing costs while speeding up delivery to the end customer. Managers should ensure that a firm’s transportation strategy supports its competitive strategy.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Cost Reduction Supply Chains 100

Logistics Bureau

JANUARY 25, 2025

To answer that question, lets look quickly at how platform-delivered services and sales mechanisms can be exploited : Companies can shorten their supply chains by transitioning some, or all, of their sales to direct-to-customer (D2C) channels, thereby reducing their reliance on wholesalers, distributors, and other partners.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Modeling Software Supply Chains 70

Blue Grace Logistics

FEBRUARY 29, 2024

Join us for an insightful LinkedIn Live event where we delve deep into the factors influencing transportation costs and how gaining visibility to the right data can empower your decision-making process. Strategies for gaining visibility into crucial transportation data.

Cost Reduction 62

Cost Reduction Expense Reduction Resource Reduction Data 62

Logistics Business Magazine

AUGUST 9, 2024

Since the historic referendum in June 2016 Brexit has been a seismic event, reshaping the landscape of the UK’s logistics and transport sector. Consequently, some companies have faced reduced profits or even had to cease exporting activities altogether. The necessity for a smart TMP has never been greater.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Negotiating Skills Industry Cost Reduction 100

Logistics Viewpoints

FEBRUARY 11, 2021

Let us examine these: Implementing a ‘China Plus One’ strategy: Part of the resiliency comes from having alternate sources of supply. Madhav Durbha is the Group Vice President of Industry Strategy at LLamasoft, a Coupa Company, where his team helps customers and prospects solve various supply chain challenges.

Manufacturing Procurement 112

Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies Procurement Solutions 112

GlobalTranz

MAY 12, 2015

As one of the main prerequisites for getting licensed, the bond is a considerable yearly expense, especially since its increase to $75,000 in 2013. When a bonding company writes a bond for you, they are financially liable in the event that a valid claim is filed against you. Do you have a strategy for avoiding any of these pitfalls?

Cost Reduction 88

Cost Reduction Expense Reduction Freight Vendor Strategies 88

WorkWave

JULY 28, 2024

Studying competitors is an integral part of market research as it helps the medical courier business gain insights into their strengths, weaknesses, and overall strategies. RouteManager’s last-mile delivery software helps you cut fuel costs, increase revenue, and improve operations. Start Using RouteManager! GET A FREE DEMO 2.

Material Savings 93

Material Savings Optimization Software Logistics Network Optimization Software Cost Reduction 93

Now, That's Logistics

JULY 13, 2021

“The successful companies today—and in the years ahead—will redesign their operations and their supply chains,” it notes, “to protect against a wider and more acute range of potential shocks and disruptive events.”. Don’t Go it Alone.

Supply Chains 113

Supply Chains Logistics Network Optimization Software Resource Reduction Vendor Strategies 113

EazyStock

OCTOBER 20, 2020

It’s the art of achieving stock availability , while reducing inventory costs and minimizing the risk of excess items. Qualitative factors: Add any qualitative forecasting factors into your data, such as sales promotions, competitor activity or external market events. Fine-tune your stock replenishment strategies.

Inventory Reduction 98

Inventory Reduction Optimization Software Inventory Optimization Modeling 98