Freightos

DECEMBER 3, 2024

From COVID to geopolitical tension, the past five years have emphasized the need for procurement agility. From COVID to geopolitical tension, the past five years have emphasized the need for procurement agility. These external factors are near-impossible to predict, forcing more frequent tender updates to remain inline with the market.

Optimal Sourcing 114

Optimal Sourcing Procurement Logistics Network Optimization Software Price Reduction 114

3PL Links

JANUARY 1, 2025

By maintaining specific temperature conditions, the cold chain ensures that everything from perishable foods to beverages remains in optimal condition until they reach the hands of consumers. To illustrate this better, imagine the following example: a perishable food supply chain.

Optimal Sourcing 62

Optimal Sourcing Optimization Software Supply Chain Design Software Modeling Software 62

Logistics Viewpoints

JANUARY 15, 2025

From balancing cost-efficiency with ethical sourcing to enhancing transparency and integrating corporate social responsibility (CSR), businesses face mounting pressure to align their operations with sustainability, technology, and energy practices. The energy sector provides a compelling example of CSR-driven compliance.

Supply Chain Planning Software 113

Supply Chain Planning Software Supply Chain Software Compliance Optimal Sourcing 113

Logistics Bureau

NOVEMBER 13, 2024

If you can identify with one or more of them, you’ll find a tip or two here to help remedy the situation and improve warehouse layout efficiency. 5 Ways to Achieve Efficient Warehouse Design: Improve Layout Efficiency & Save Costs! 2 Meandering Pickers Time is money and distance is time.

Sourcing Strategies 75

Sourcing Strategies Optimal Sourcing Material Savings Cost Reduction 75

WorkWave

MARCH 5, 2025

A single, centralized source of truth for your organizations data is no longer a luxuryits a necessity for businesses seeking to scale efficiently, enhance profitability, and make informed, data-driven decisions. Missed opportunities: Businesses cant identify patterns or optimize strategies without cross-branch insights.

Optimal Sourcing 86

Optimal Sourcing Waste Reduction Resource Reduction Sourcing Strategies 86

GlobalTranz

JULY 28, 2021

Additional opportunities can be reached through transportation optimization whether using a 3PL or 4PL. It's important to understand how transportation optimization can work well with managed transportation service providers to attain that goal. Defining Transportation Optimization.

Optimal Sourcing 126

Optimal Sourcing Optimization Software Optimization Supply Chain Design Software 126

Logistics Viewpoints

AUGUST 29, 2024

In this article, we will delve into strategic ways for warehouse managers to eliminate waste, with a focus on not only optimizing the use of cartons and packing, but labor resources and warehouse space as well. One effective method to optimize packing is the standardization of carton sizes.

Waste Reduction 114

Waste Reduction Optimal Sourcing Sourcing Strategies Resource Reduction 114

Logistics Viewpoints

OCTOBER 17, 2024

We remind why suppliers are critical for supply chain success and what CEOs and business leaders can do to improve supplier relationships. When companies collaborate closely with suppliers, they can co-develop new products and improve existing processes, leading to competitive advantages in terms of product differentiation.

Supply Chain Planning Software 114

Supply Chain Planning Software Manufacturing Procurement Supply Chain Design Software Optimal Sourcing 114

TransAudit

MARCH 25, 2025

This trend, known as reshoring , is driving the emergence of regionalized freight networks , optimizing supply chains for efficiency, cost savings, and resilience. By optimizing freight routes, companies can lower transportation expenses while improving efficiency.

Optimal Sourcing 67

Optimal Sourcing Material Savings Cost Reduction Price Reduction 67

SYSPRO Smarter ERP

AUGUST 1, 2022

However, effectively dealing with these challenges and optimizing a manufacturing business’ processes is challenging without adopting and implementing a Bill of Materials (BOM) to accompany an organization’s ERP system. It identifies constraints in the business processes, providing guaranteed improvements.

Optimal Sourcing 111

Optimal Sourcing Manufacturing Procurement Material Savings Inventory Reduction 111

SYSPRO Smarter ERP

NOVEMBER 18, 2024

For example, an ERP for automotive distributors needs to include not just a standard sales function but also allow for automotive-specific processes like call-offs and contract pricing, as well as other processes like returns and lot traceability. There are several business processes that an ERP must have to support automotive distribution.

ERP 98

ERP Optimal Sourcing Purchasing Skills Manufacturing Procurement 98

Material Handling and Logistics

OCTOBER 30, 2018

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. However, it is fundamental to empowering procurement success in the modern age.

Optimal Sourcing 166

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 166

Logistics Viewpoints

NOVEMBER 20, 2024

Senior leaders must think beyond incremental improvements, embracing systemic innovation to achieve significant environmental impact. Meanwhile, advances in AI-driven route optimization reduce unnecessary mileage, cutting emissions and costs. Ethical sourcing is a fundamental aspect of social sustainability.

Supply Chain Design Software 115

Supply Chain Design Software Waste Reduction Supply Chain Software Supply Chain Design 115

The Logistics of Logistics

NOVEMBER 8, 2021

Matt is the Co-Founder and CEO of popcapacity , which is dedicated to simplifying the process for sourcing warehouse space. Popcapacity leverages technology to simplify the process of sourcing warehouse space. Our platform was designed to reduce amount of time and cost associated with sourcing new warehouse and fulfillment space.

Warehousing 370

Warehousing Supply Chain Design Software Manufacturing Procurement Logistics Network Optimization Software 370

3PL Links

NOVEMBER 12, 2024

Image source: Pexels | 7 Cost-Saving Tips Every Supply Chain Manager Should Know Managing costs effectively is crucial for success in the competitive supply chain world. Optimize Inventory Management Inventory often represents one of the largest expenses in a supply chain. Cost Saving Tips for Every Supply Chain Manager 1.

Cost Reduction 62

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

Logistics Viewpoints

OCTOBER 24, 2024

Spend Management Takeaways SAP continues to invest in using generative AI to improve the user experience. SAP is embedding its generative Joule across the SAP Ariba source-to-pay solution portfolio to make it easier for their customers to manage routine inquiries, such as status updates, summarization, and frequently asked questions.

SAP 113

SAP Procurement Solutions Manufacturing Procurement Procurement Analytics 113

The Logistics of Logistics

MARCH 13, 2021

Sourcing Strategy: Effective vs Efficient with Ron Crabtree. Joe Lynch and Ron Crabtree discuss sourcing strategy: effective vs efficient. When developing a sourcing strategy, the focus can be effectiveness (gaining desired results) or on efficiency (reducing cost, labor, and resources used). About Ron Crabtree.

Sourcing Strategies 195

Sourcing Strategies Inventory Reduction Resource Reduction Price Reduction 195

Log-hub

JANUARY 8, 2025

These tools can transform your supply chain, helping you predict inventory needs, automate repetitive tasks, and optimize delivery routes. Companies that have successfully implemented AI have seen improvements in logistics costs by 15%, inventory levels by 35%, and service levels by 65% compared to competitors. Why it matters?

Optimal Sourcing 40

Optimal Sourcing Waste Reduction Inventory Reduction Resource Reduction 40

The Logistics of Logistics

FEBRUARY 11, 2022

How to Improve Exception Management with End-to-End Supply Chain Visibility. Original article: How to Improve Exception Management with End-to-End Supply Chain Visibility. As an added bonus, we offer five sure-fire ways an end-to-end visibility solution can help improve exception management in any supply chain. Lost revenue.

Optimal Sourcing 195

Optimal Sourcing Supply Chain Design Software Supply Chain Software Supply Chain Design 195

3PL Links

NOVEMBER 5, 2024

Image source: Pexels | Top 5 Benefits of Outsourcing Logistics to a 3PL Provider In today’s fast-paced and increasingly competitive market, businesses are continually seeking ways to streamline operations, reduce costs, and enhance customer satisfaction. Scalability and Flexibility As your business grows, so do your logistics needs.

Outsourcing 62

Outsourcing Cost Reduction Expense Reduction Inventory Reduction 62

3PL Links

DECEMBER 3, 2024

Image source: Pexels | How can Lean Logistics Transform your Company? The Lean method was created by the Japanese company Toyota with the aim of optimizing manufacturing flows and eliminating everything that generates errors, delays, and bottlenecks. All professionals remain focused on the same objective.

Waste Reduction 62

Waste Reduction Inventory Reduction Optimal Sourcing Resource Reduction 62

Logistics Viewpoints

JANUARY 6, 2025

This collaboration allows for better optimization of the supply chain, ensuring the right products are available at the right time. For example, the application sends three auto reminders to a buyer if a PO they cut does not have a corresponding purchase order confirmation associated with it. Training is critical.

Supply Chain Transformation 116

Supply Chain Transformation Supply Chain Software Supply Chains Procurement Solutions 116

Logistics Bureau

JANUARY 20, 2025

If you were tasked with procuring the best supply chain IT system, what would you look for? On top of this, APS uses the data from your ERP to create optimized plans. Let me explain the typical integration: ERP serves as your foundation – it handles all your basic business transactions and maintains your master data.

Supply Chain Planning Software 74

Supply Chain Planning Software Supply Chain Design Software Optimization Software Supply Chain Software 74

Logistics Bureau

OCTOBER 11, 2024

Procurement has never played such an important role in the increasingly globalised economy. Has procurement fundamentally changed itself in the past 10 years? Strategic Procurement can mean totally different things in different industries and sectors. The time when Procurement was almost a synonym to Purchasing has long gone.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 98

3PL Links

NOVEMBER 26, 2024

Image source: Pexels | Everything You Should Know About Automation in Fulfillment Logistics Introduction to Automation in Logistics Have you ever thought about how Amazon delivers packages quickly and efficiently? For example, an automated system can better organize delivery routes, saving fuel and time.

Supply Chain Software 62

Supply Chain Software Logistics Network Optimization Software Optimization Software Supply Chain Planning Software 62

SYSPRO Smarter ERP

MARCH 2, 2022

To deal with the new challenges in managing and planning the supply chain , the procurement department is one of the functions that should look at changing. It is no longer sufficient for procurement to focus just on supplier costs, placing orders and ensuring goods are received. Risk management.

Optimal Sourcing 116

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Software 116

Logistics Viewpoints

FEBRUARY 20, 2024

Supply chain network design (SCND) is a powerful tool for improving business operations. Optimization and simulation are the two main branches of SCND. Optimization accounts for over 90% of all work that is being done by SCND teams. It can be used to solve a wide variety of supply chain problems. But it has gaps.

Supply Chain Design Software 119

Supply Chain Design Software Sourcing Strategies Supply Chain Design Inventory Reduction 119

AIMMS

JUNE 16, 2020

How are companies leveraging scenario modeling for network design and optimization ? The good news is many of the survey’s respondents recognize the potential of more advanced optimization solutions. Another use case we see for scenario modeling in the current context is evaluating new sourcing locations.

Scenario Planning 144

Scenario Planning Supply Chain Design Software Supply Chain Design Optimization Modeling 144

Material Handling and Logistics

DECEMBER 14, 2018

Forward-thinking supply chain professionals are looking to advanced technologies to streamline processes, improve accuracy, accelerate delivery and reduce costs. At its core, digital transformation is about using technology and data to change the way business operates rather than just improving it.

Supply Chain Software 166

Supply Chain Software Optimal Sourcing Supply Chains Sourcing Strategies 166

3PL Links

OCTOBER 29, 2024

Image source: Pexels | How Real-Time Inventory Tracking Can Boost Your Profit in 2025 In today’s fast-moving business environment, real-time inventory tracking has become a critical tool for optimizing operations, cutting costs, and driving profitability.

Inventory Reduction 62

Inventory Reduction Optimal Sourcing Inventory Cost Reduction 62

Logistics Viewpoints

FEBRUARY 28, 2022

Machine Learning, a Form of Artifical Intelligence, Has Feedback Loops that Improve Forecasting. Further, while artificial intelligence helps solve certain types of problems, Jay Muelhoefer – the chief marketing officer at Kinaxis pointed out – optimization and heuristics work better for other types of planning problems.

Supply Chain Planning Software 140

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 140

Log-hub

FEBRUARY 12, 2025

By leveraging these technologies, businesses can optimize operations, reduce costs, and make smarter, data-driven decisions. The Future of Matrix-Based Optimization The Future of Matrix-Based Optimization AI and machine learning (ML) take matrix-based analysis to new heights.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimal Sourcing 52

The Logistics of Logistics

FEBRUARY 11, 2022

So, as an example, the IMS tracks and reports that there are 30 widgets in Warehouse A, 25 in Warehouse B, 48 in Manufacturing Plant A, and so on. An example would be scanning a pallet ID and location barcode to confirm that the pallet with the ID of 123 has been putaway location 456, for example.

Inventory 273

Inventory Optimal Sourcing Optimization Software Manufacturing Procurement 273

SYSPRO Smarter ERP

JULY 12, 2022

As supply chain disruptions continue the procurement function should adapt to improve transparency, build collaborative relationships, and ensure sustainable sourcing practices, resulting in a stronger, more resilient supply chain with Cloud ERP for manufacturing. Strategic sourcing with Cloud ERP.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 105

3PL Links

NOVEMBER 19, 2024

Image source: Pexels | 3PL vs. 4PL vs. 5PL: Understanding the Key Differences Between Logistics Providers The peculiar evolution of business in the last two years has brought a new perspective on 3PL, 4PL , and 5PL logistics providers. Better manage order volume fluctuation over time.

4PL 62

4PL Optimal Sourcing 3PL Sourcing Strategies 62

Logistics Viewpoints

NOVEMBER 8, 2022

So, how can organizations tackle the inflationary environment by finding significant cost savings opportunities while improving resiliency? The key to this lies with sourcing. Before diving further, let us define what sourcing is. Sourcing is the practice of finding and selecting suppliers for a range of services (e.g.,

Optimal Sourcing 110

Optimal Sourcing Sourcing Strategies Material Savings Supply Chain Software 110