3PL Links

NOVEMBER 12, 2024

Solution: Use data-driven forecasting to predict demand as accurately as possible. This approach requires advanced planning and reliable forecasting tools, but it can transform inventory into a more fluid, cost-effective part of your supply chain. Solution: Build and maintain relationships with multiple suppliers for critical goods.

Cost Reduction 62

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

Stord

NOVEMBER 13, 2024

In addition to the surge of demand during this tight holiday window, brands have offered earlier offerings and expanded the sales period to encourage a longer shopping period enabling end consumers to allocate more towards holiday purchases. Put another way, only 3 out of 10 customers will complete the purchase.

Inventory Reduction 148

Inventory Reduction How To Cost Reduction Procurement Solutions 148

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 purchasing of products at companies can be looked at in terms of two major dimensions: supply risk and impact on production (Figure 1).

Optimal Sourcing 98

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Procurement Analytics 98

CLX Logistics

SEPTEMBER 9, 2022

To meet these demands, shippers need the right supply chain management tools with the flexibility to grow and scale as needed. The right supply chain management tools help not only to enable shippers to provide better customer service and on-time deliveries but also to remain competitive with everyone else in the market.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Procurement Solutions Optimization Software 52

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

The Lean Thinker

SEPTEMBER 25, 2019

People have a sense of ahead or behind (usually behind), but they don’t have a firm grasp on the cause and effect relationship – what specific event triggered the first delay? It Isn’t About the Specific Tools. Each tool surfaced more detail, which in turn, challenged the next level. And that is what I encounter everywhere.

Purchasing Skills 30

Purchasing Skills Buyer Training Procurement Solutions Tools 30

Logistics Bureau

DECEMBER 1, 2024

Well, rather than applying a uniform approach across all customers, CRM enables companies to analyze customer preferences, buying patterns, and service requirements in a more in-depth fashion, which allows you to create tailored supply chain solutions. Leveraging the knowhow and tools of your marketing colleagues is a smart way forward.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 75

Logistics Viewpoints

JUNE 3, 2025

Factors like planning tools, inventory management, demand patterns, and innovations in technology contribute to the success or failure of fulfillment optimization. Inadequacy of Planning Tools The second challenge identified by respondents was the inadequacy of planning tools.

Optimal Sourcing 62

Optimal Sourcing Optimization Software Sourcing Strategies Inventory Reduction 62

GlobalTranz

JANUARY 26, 2017

Over the last year, huge strides were made in machine-to-machine connectivity, as foreseen by our predictions, ranging from the greater use of automated identification and data capture (AIDC) and stronger resolve for more omnichannel logistics solutions. However, AIDC tools are making analytics in the supply chain an affordable reality.

Supply Chain Software 102

Supply Chain Software Logistics Network Optimization Software Procurement Solutions Supply Chains 102

Logistics Viewpoints

SEPTEMBER 27, 2024

Supply Chain & Logistics News Round-Up Sept 23rd- 27th This week I was busy attending various Climate Week NYC events, allowing me to step outside my usual bubble of supply chain and sustainability. I attended multiple events focused on the built environment, embodied carbon, digital decarbonization tools, and storytelling.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 115

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

JULY 22, 2024

12,000 SAP customers and partners attended the event, and another 15,000 watched remotely. The German software colossus has 300 million users who rely on its software. Historically, ERP vendors offering public cloud solutions pointed to two key advantages of multitenant offering. They were on a paper-based WMS solution.

SAP 121

SAP Supply Chain Software Procurement Solutions Logistics Network Optimization Software 121

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. Alternatively, you can procure access to a digital freight benchmarking platform. The Pros and Cons of Procuring a Benchmarking Tool. That’s the first question to ask.

Negotiating Skills 96

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

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

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. For the manufacturing business as they transform, the value of ERP begins with: Bespoke solutions for smart factory.

ERP 98

ERP Supply Chain Planning Software Factories Supply Chain Software 98

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

Logistics Viewpoints

MARCH 3, 2025

Knowledge Graphs are emerging as an important tool for building advanced AI capabilities. The occurrence of any of these events disrupts the global supply chain and can deeply impact profitability. One event could create so much churn, Mr. Al Syed explained. Then, another application would be purchased, and another, and another.

Packing 75

Packing Supply Chain Design Software Negotiating Skills Supply Chain Planning Software 75

Logistics Viewpoints

APRIL 25, 2022

Before going to the very well attended Coupa Inspire user conference, I was not exactly sure what a business spend management solution was. The solution helps companies find suppliers they might want to work with, run procurement events, create a contract, have contract terms reflected in purchase orders (PO), invoice, and pay.

Compliance 111

Compliance Supply Chain Software Supply Chains Procurement Solutions 111

3PL Insights

FEBRUARY 14, 2023

Inventory Management Inventory management is the procurement, storage, and selling of a company’s inventory. There are several methods for inventory management, but all require real-time visibility of inventory levels, typically through a warehouse management software (WMS).

Logistics Network Optimization Software 92

Logistics Network Optimization Software Supply Chain Software Procurement Solutions Inventory Reduction 92

Conger

MARCH 28, 2024

One of the strategies to consider is adopting robust fleet management software, which enables businesses to automate and streamline fleet-related processes. The software centralizes data, provides real-time information, and automates tasks. Fleet management software is also another mechanism.

Optimization Software 90

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 90

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

Logistics Business Magazine

JULY 31, 2023

As a prestigious senior level leadership event, it gathers over 150 supply chain executives and influential decision-makers including CEOs, SVPs, VPs and directors. This variety of speakers gives a chance to attendees to learn solutions from numerous industries to implement their businesses.

Supply Chain Software 66

Supply Chain Software Supply Chains Procurement Solutions Material Savings 66

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. Matt Yearling is CEO of PINC Solutions.

Supply Chain Software 0

Supply Chain Software Logistics Network Optimization Software Digital Operations 0

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

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 106

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 106

EazyStock

NOVEMBER 17, 2022

This year, purchasing teams are also facing continued challenges due to global supply chain and logistics pressures, component shortages, and soaring prices for electricity and fuel. Inventory, POS, shipping, web shops, and accounting software must be able to keep up to avoid lost revenue.

Procurement Solutions 52

Procurement Solutions Purchasing Skills Purchasing Supply Chain Planning Software 52

EazyStock

NOVEMBER 17, 2022

This year, purchasing teams are also facing continued challenges due to global supply chain and logistics pressures, component shortages, and soaring prices for electricity and fuel. Inventory, POS, shipping, web shops, and accounting software must be able to keep up to avoid lost revenue.

Procurement Solutions 52

Procurement Solutions Purchasing Skills Purchasing Supply Chain Planning Software 52

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

SEPTEMBER 22, 2016

Purchasing and Supply Chain Management, by Robert M. Supply Chain Education Events. Supply chain events, such as conferences, conventions, and seminars can be extremely useful for educating supply chain staff , especially knowledge workers and managers. Robert Jacobs, Richard B Chase, and Nicholas J Aquilano. Monczka, Robert B.

Supply Chain Planning Software 49

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 49

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

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. IBM Watson Supply Chain Summit. Source: IBM).

Supply Chain Planning Software 94

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

AIMMS

JULY 9, 2015

On the one hand, companies are facing growing uncertainty due to volatile exchange rates, rising oil prices and economic and geopolitical events, such as Greece’s financial crisis and the conflict in Ukraine. On the other hand, there is a rising need for smarter and more flexible tools as well as more staff with analytical capabilities.

Supply Chain Planning Software 91

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

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

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 64

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimization Software 64

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 69

Inventory Reduction Inventory Procurement Solutions Supply Chain Software 69

3PL Links

FEBRUARY 6, 2023

Specifically, supply chain training will make it simple for your staff to use the many technical tools they use on a regular basis. It is crucial that they understand how to use these tools correctly as well as how to respond quickly if something goes wrong. The reaction time could be lengthy in the event of an incident, though.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Optimization Software 62

GlobalTranz

FEBRUARY 8, 2016

The company featured in the case study found themselves drowning among separate databases, spreadsheets and specialized software programs used to keep track of shipping, scheduling, purchasing, inventory control and job costing. Alternatively, you can buy a complete solution – enclosure and touch screen combined. The problem?

Manufacturing Procurement 91

Manufacturing Procurement Data Optimal Sourcing How To 91