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. To manage this large volume of inventory requires an inventory management system.

ERP 98

ERP Optimal Sourcing Purchasing Skills Manufacturing Procurement 98

3PL Links

NOVEMBER 26, 2024

These can be critical problems for companies looking to increase productivity and reduce expenses in logistics operations. Automation in logistics is like putting technology to do the heavy lifting, reducing errors and saving time. In addition, errors are also reduced, as the robots follow only the programmed instructions.

Supply Chain Software 62

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

FreightWaves SONAR

APRIL 1, 2021

Many LTL industry trends, including capacity limitations, increasing accessorials, surcharge rates, changes in market trends and buying patterns, are almost certain to continue through 2021 and for some time to come. That gave rise to a new time pricing strategy, dimension (DIM) pricing. . Download the White Paper.

Negotiating Skills 98

Negotiating Skills Price Reduction Trends How To 98

Logistics Bureau

DECEMBER 6, 2024

Looking to real-life examples for inspiration, we can ask, ‘Who does reverse logistics well?’ For regulators and the public, reverse logistics may be judged by how safe and how green the process is, for example, recycling products instead of throwing them into a landfill. Reverse Logistics Strategy 1: Don’t do it!

Reverse logistics 74

Reverse logistics Cost Reduction Vendor Strategies Inventory Reduction 74

LandLink

MARCH 11, 2020

The debate over whether density-based pricing will succeed in toppling the traditional National Motor Freight Classification’s (NMFC) based pricing in the LTL industry is an ongoing debate. Carriers are pushing for dimensional pricing to combat the profitability of lightweight shipments. This is the basis of the argument.

Price Reduction 62

Price Reduction Expense Reduction Inventory Reduction Strategy 62

Logistics Viewpoints

JUNE 27, 2024

This article comes from Carlos Díaz Madero, Subdirector Marketing at netLogistiK , and looks at the key trends that are transforming supply chain management. In this context, it is crucial to be aware of the emerging trends transforming the supply chain management field. ” – Sam Walton, CEO, Walmart.

Supply Chain Software 111

Supply Chain Software Supply Chains Trends Logistics Network Optimization Software 111

3PL Links

MARCH 29, 2023

Image Source: Pexels | Exploring Top 10 Logistics Trends for 2023 and Beyond The adoption of new technology will modernize your company, ensure strong competitive advantages, and make jobs that before looked difficult efficient and productive. Image Source: Pexels | Exploring Top 10 Logistics Trends for 2023 and Beyond 6.

Trends 107

Trends Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 107

Logistics Bureau

JANUARY 14, 2025

The explosion in globalisation, and corresponding reduction in transport availability over the last decade or so, have together kiboshed some of the factors which once fueled a steady growth in offshore manufacture and procurement. Reducing bottlenecks in U.S. ports can help worldwide shipping to move more fluidly.

Cost Reduction 75

Cost Reduction Manufacturing Procurement Material Savings Transportation 75

Trinity Logistics

SEPTEMBER 16, 2021

With costs rising recently, it’s easy to see why the challenge for many companies has been to reduce their transportation costs. Before we jump into how to reduce your transportation costs, it’s essential to understand what factors are causing them to rise. STEPS TO REDUCE TRANSPORTATION COSTS. CUT YOUR MANUAL PROCESSES.

Cost Reduction 110

Cost Reduction Expense Reduction Price Reduction Vendor Strategies 110

GlobalTranz

JANUARY 16, 2018

The US energy industry is also awaiting changes in basic operating procedures, which are expected to dramatically reduce energy costs. Supply chain executives need to take a few moments to learn more about the top 2018 manufacturing trends that will make it possible. Check Out the Top 2018 Manufacturing Trends.

Manufacturing Procurement 86

Manufacturing Procurement Price Reduction Cost Reduction Waste Reduction 86

MTS Logistics

MARCH 3, 2023

Shipping executives and industry leaders alike already know the importance of reducing emissions in the shipping industry and the need for green initiatives, as they look to protect the environment and meet customer demand for cleaner shipping. Companies can also employ LNG fuel and biofuels to reduce their carbon footprint.

Trends 104

Trends Supply Chain Design Software Price Reduction Supply Chain Software 104

Transporeon

SEPTEMBER 20, 2018

In the context of cross-industry implementation of continuous-flow and lean manufacturing, delivery volumes are shrinking and delivery times are being reduced. At the same time, competitive pressure is increasing and all parties are trying to cut prices and costs. or Is This Just Hype?

Price Reduction 101

Price Reduction Cost Reduction Resource Reduction Capacity 101

Trinity Logistics

DECEMBER 29, 2021

In this blog, we’re going to dive into some of the latest trends in the food and beverage industry. TRENDS IN THE FOOD AND BEVERAGE INDUSTRY. INCREASED COFFEE PRICES. One of the well-known trends in the food and beverage industry is the continued growth of cold chains. CONTINUED COLD CHAIN GROWTH. SUSTAINABILITY.

Trends 118

Trends Food and Agriculture Industry Waste Reduction 118

WorkWave

DECEMBER 16, 2024

We will discuss case studies, future trends, and guidelines for businesses considering whether to invest in this cutting-edge technology. This proactive approach reduces the reliance on intensive control measures, allowing for more efficient pest management strategies.

Cost Reduction 52

Cost Reduction Resource Reduction Optimization Software Waste Reduction 52

Logistics Viewpoints

DECEMBER 2, 2021

Importers will look for near-term strategies to move their shipments away from congested trade lanes or process containers further inland to minimize the impact of lead time variability that has dramatically increased in 2021. Online buying will fuel home delivery growth, challenges and new strategies.

Waste Reduction 141

Waste Reduction Cost Reduction Inventory Reduction Resource Reduction 141

FreightWaves SONAR

JANUARY 5, 2021

Although many carriers have worked diligently towards reducing operational costs and increasing profit margins, there is still work to do for the top for-hire truckload freight carriers to improve. Freight data reduces dwell time and load time. Operational costs continue to increase for carriers year to year.

Cost Reduction 105

Cost Reduction Waste Reduction Expense Reduction Price Reduction 105

Logistics Viewpoints

AUGUST 1, 2024

According to Bloomberg , the coffee supply chain is struggling with constrained supply and increase in prices is inevitable. Top Challenges Faced by Companies: Customer Preferences: Example: An online fashion retailer faces the challenge of constantly changing customer preferences.

Supply Chain Design Software 122

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

Log-hub

FEBRUARY 12, 2025

By leveraging these technologies, businesses can optimize operations, reduce costs, and make smarter, data-driven decisions. By learning from past trends, businesses can minimize stockouts and overstocking, ensuring a more agile and responsive supply chain. In case you missed it!

Supply Chain Planning Software 52

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

Bringg

AUGUST 5, 2020

This post looks at how click & collect works, why demand for it is trending now, and what retailers can do to ensure click & collect experiences that are also good for their business. While interest in click & collect is not new, 2020 saw a massive spike in demand and turned it into one of the hottest retail trends.

Trends 118

Trends Modeling Software Optimization Software Optimization Modeling 118

GoShip Blog

DECEMBER 29, 2022

Fortunately, there are effective strategies you can employ to reduce your e-commerce store’s shipping costs. These platforms generally negotiate rates with carriers and offer pricing discounts or accessorial fee waivers based on shipping volume. Check USPS Rates For Options to Reduce Shipping Costs .

Cost Reduction 52

Cost Reduction Price Reduction Inventory Reduction Negotiating Skills 52

Freightos

NOVEMBER 7, 2023

More Resources Home November 7, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe prices (FBX11 Weekly) increased 18% to $1,249/FEU.

Negotiating Skills 133

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 133

ShipLilly

JANUARY 24, 2023

Predictions in the logistics industry Retailers wishing to maintain a leading position within the industry must understand and leverage their supply chain trends. This article examines some of the key trends that businesses should be aware of for this year. For example, inflation erodes away about 8.5%. in some areas.

Supply Chain Software 97

Supply Chain Software Supply Chains Trends Cost Reduction 97

Trinity Logistics

SEPTEMBER 22, 2023

In this blog, we’re going to dive into some of the latest trends in the food and beverage industry. Recently, there’s been an increased demand for temperature-sensitive drugs (think covid vaccines and biologics), rising demand for better food quality, a surging need to reduce food waste, and growing demand for generic drugs.

Trends 96

Trends Waste Reduction Industry Supply Chain Planning Software 96

GlobalTranz

OCTOBER 19, 2016

Editor's Note: This is a blog from our friend Augie Grasis who shows us how big data can work to our advantage with dynamic freight pricing. One example of the utilization of Big Data is dynamic pricing of LTL freight. But wait—does the shipper really get the benefit of these reduced rates?

Price Reduction 96

Price Reduction Data Freight 3PL 96

GlobalTranz

APRIL 20, 2021

Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic. It’s the result of a deliberate strategy that may require tradeoffs compared to other approaches. This strategy requires greater investment and inventory carrying costs but enables continued production.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

GoShip Blog

FEBRUARY 7, 2023

Over the years, marketing strategies have evolved with the times, the advent of technology, and changes in consumer behavior. Why a Solid Marketing Strategy is Important A marketing strategy refers to a business’s action plan for achieving its short and long-term goals and developing a sustainable competitive advantage.

Waste Reduction 52

Waste Reduction Price Reduction Resource Reduction Expense Reduction 52

Logistics Bureau

DECEMBER 24, 2024

For example, companies that have their own in-house vehicle fleet often struggle to deliver products on time. Reduction in asset capital.Warehouses and vehicles are expensive to purchase or lease and can tieupmillions of dollars that could otherwise be invested in the core business of the firm. But what about cost of service?

Outsourcing 52

Outsourcing Warehousing Negotiating Skills Purchasing Skills 52

ShipLilly

MARCH 1, 2023

Price wars, cheap contracts, & new ships There is widespread interest in the next steps for the container trade following a series of significant changes. For example, the past few months have seen new shipping alliances, increasing price competition, the risk of over-capacity, and drastic changes in trade volumes.

Negotiating Skills 75

Negotiating Skills Price Reduction Cost Reduction Capacity 75

Now, That's Logistics

FEBRUARY 15, 2022

Damas goes on to say that ocean freight rates will not normalize until the systemic market disruptions in container shipping, caused by the pandemic, are significantly reduced. Matching capacity to need is going to be the key concern for shippers in 2022—almost regardless of price.”. Strategic Maneuvering. DB Schenker. “As

Cost Reduction 78

Cost Reduction Capacity Trends Expense Reduction 78

CH Robinson Logistics

MAY 10, 2022

Over the last two years, fuel prices have increased 72% per gallon. While oil prices are particularly difficult to predict, there are ways to mitigate the impact of these rising fuel charges. Track and reduce non-revenue generating miles. Another way to reduce time is to work with drop trailer providers.

Price Reduction 115

Price Reduction Cost Reduction Survey Availability 115

Logistics Viewpoints

DECEMBER 7, 2021

Most shippers currently face a long list of challenges thanks to some well-known trends. Carrier capacity management strategies ease the crunch. Proactive shippers have used multi-carrier parcel shipping technologies and strategies to navigate rising carrier costs for years. and distribution points across a network.

Price Reduction 105

Price Reduction Cost Reduction Inventory Reduction Capacity 105

Talking Logistics

SEPTEMBER 4, 2018

For Management: a balancing strategy, etc…. It is about keeping all (well most) of the stakeholders of the supply chain content and taking into consideration the supply chain strategy of the organization. Is there a common trend in inventory management? Focus on availability of products all the time, price, and range.

Inventory Reduction 90

Inventory Reduction Inventory Logistics Network Optimization Software Cost Reduction 90

Freightos

AUGUST 14, 2023

In one example, an employee of Varda, a SpaceX-like company, began to publicly attempt to replicate the study and had over 10,000 people tuning in to watch a live stream of rocks in a furnace. We’ve been here before with Blockchain and Tradelens, which launched in 2018 and was done by the end of Q1 2023 – a good example of hype waves.

Price Reduction 118

Price Reduction Logistics Network Optimization Software Material Savings Supply Chain Software 118

SYSPRO Smarter ERP

JUNE 5, 2023

One of the key strategies is leveraging embedded analytics within their ERP system to make faster data-driven decisions. For example, manufacturers can use embedded analytics to track the flow of goods to suppliers or customers. This all helps manufacturers stay ahead of competition and adapt quickly to changing market conditions.

Optimization Software 98

Optimization Software ERP Price Reduction Cost Reduction 98

Logistics Business Magazine

NOVEMBER 24, 2022

Although it’s hard to know for sure, here are three trends that are likely to shape the supply chain industry over the next 12 months. Building resilience into their operations, either through new business strategies or new digital capabilities, is now a key priority for all shippers, carriers and logistics service providers.

Trends 68

Trends Sourcing Strategies Transportation Cost Reduction 68

WorkWave

JANUARY 20, 2025

WorkWave is at the forefront of developing Analytics & AI tools to help our customers streamline operations, reduce their spend and overcome common yet difficult hurdles in their businesses. Lets explore how AI and BI empower these industries, using specific examples to illustrate their transformative potential.

Optimization Software 64

Optimization Software Security Data Industry 64

SYSPRO Smarter ERP

MAY 2, 2024

ERP trends 2024 – achieving business success through the use of innovative technologies Now that Artificial Intelligence and Machine Learning are firmly established, we expect to see a massive take-up of these technologies by manufacturers in 2024. The other emerging area around AI in ERP focuses on trend analysis and forecasting.

ERP 59

ERP Supply Chain Planning Software Modeling Software Optimization Software 59