Logistics Viewpoints

MAY 13, 2024

Coupa is a supplier of spend management solutions. She knew the company was innovative; after all, Coupa created a new software enterprise category: business spend management. Coupa also has a supply chain collaboration solution that runs on the platform. This solution provides for purchase order collaboration.

Procurement Solutions 151

Procurement Solutions Modeling Software Procurement Analytics Logistics Network Optimization Software 151

Logistics Viewpoints

DECEMBER 17, 2024

Similarly, modern TMS solutions need to proactively quantify sustainability metrics to achieve the multi-faceted goals of todays supply chains. For example, reduced emissions could result from streamlined routing or fewer trips due to improved demand forecasting.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Software Procurement Solutions Optimal Sourcing 96

Logistics Viewpoints

OCTOBER 17, 2024

Treating suppliers as essential partners in the field of direct spend management—almost like customers—can be a key component of a successful company strategy. Market Intelligence: Suppliers often have access to valuable business and supply market intelligence, which can inform a company’s strategy especially in the area of direct spend.

Supply Chain Planning Software 148

Supply Chain Planning Software Manufacturing Procurement Supply Chain Design Software Optimal Sourcing 148

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Business Spend Management Solutions are Networked .

Manufacturing Procurement 153

Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 153

Logistics Viewpoints

MAY 10, 2022

Companies must also offer a healthy workplace which listens to their workforce and offers modern tools that keep workers happy in addition to being productive. Instead of looking at technology as a pure productivity solution, companies can benefit from exploring ways to use technology for employee retention.

Vendor Strategies 125

Vendor Strategies Waste Reduction Cost Reduction Optimization Software 125

Ship Monk

APRIL 30, 2024

Every ecommerce store relies on an assortment of vital components to survive and thrive, but ecommerce software is the heart of all these elements. Regardless of the size of your ecommerce brand, it doesn’t hurt to periodically reevaluate if the software tools you’re using are giving you everything you need.

Supply Chain Design Software 105

Supply Chain Design Software Supply Chain Planning Software Optimization Software Modeling Software 105

SYSPRO Smarter ERP

JANUARY 12, 2022

Procurement in manufacturing companies is often not done correctly. With direct and indirect materials making up at least 50% of typical manufacturing costs, the procurement function could be re-imagined so companies can be more responsive to customer demands and more agile when dealing with supply chain challenges.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Supply Chain Planning Software 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. Let us examine these: Implementing a ‘China Plus One’ strategy: Part of the resiliency comes from having alternate sources of supply.

Manufacturing Procurement 146

Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies Procurement Solutions 146

Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. Coupa also offers a robust, market share leading, supply chain design solution. The supply chain design solution, for example, continues to grow in depth and usability.

Supply Chain Design Software 139

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 139

Logistics Viewpoints

JUNE 13, 2024

One of the most recent, “ The Goal ,” by Eliyahu Goldratt and Jeff Cox, suggested by our CEO, really got me thinking about the book’s centering theme, the Theory of Constraints, it’s applicability to my area of expertise, software development, and how it can also be applied to processes in the warehouse.

Optimization Software 179

Optimization Software Optimization Modeling Optimization Modeling Software 179

GlobalTranz

NOVEMBER 17, 2016

The most common complaint of newer companies using big data analytics capabilities tends to revolve around traditional questions of business strategy. Consider the following elements explains John Richardson of Inbound Logistics, that impact business strategy. Transportation modes used in procurement and shipping.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Software Procurement Solutions Supply Chain Design 115

Logistics Viewpoints

MARCH 8, 2021

When companies implement enterprise software solutions, they often label that implementation as being part of their company’s digital transformation. But implementing new software does not digitally transform anything if the people that are supposed to use that software cannot do so effectively.

Supply Chain Design Software 175

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Supply Chain Software 175

Logistics Viewpoints

SEPTEMBER 7, 2022

Kevin Nelson, a chief procurement officer and senior vice president at BD, agreed to be interviewed on this topic. Only through this extensive mapping can you see that it may be because there’s a Tier 5 supplier who is not able to get the rare earth mineral out of China that goes into the microprocessor (we purchase).

Supply Chain Software 139

Supply Chain Software Supply Chains Optimal Sourcing Procurement Solutions 139

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

Logistics Viewpoints

FEBRUARY 17, 2022

Recently, my team members and I worked on a project with a well-known retailer facing challenges in the e-commerce area of its distribution center – and here was the question at hand: ‘Would replacing the WMS be the best solution?’. Supply chain planning tools. Solutions for increased expectations in security and service levels.

Optimization Software 138

Optimization Software Supply Chain Design Software Supply Chain Planning Software Optimization 138

EazyStock

DECEMBER 13, 2020

In a perfect world, supply chain managers would be able to foresee every possible risk and threat to their supply chain and have a strategy prepared to successfully address any challenges when the moment came. For example, did you take out a loan through the Paycheck Protection Program ? Prepare for Upcoming Supply Chain Risks.

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Supply Chain Planning Software Cost Reduction 98

Logistics Viewpoints

DECEMBER 2, 2021

There will be little relief in 2022 unless the factors driving the increased import volumes—a strong economy and the fundamental shift in consumer behavior to purchase more goods and less services—change. Near or re-shoring sourcing strategies will be evaluated to “shorten” supply chains and gain greater control of supply chain performance.

Waste Reduction 202

Waste Reduction Cost Reduction Inventory Reduction Resource Reduction 202

Logistics Bureau

MAY 30, 2022

Our three pillars (or fundamentals) of great supply chain management excellence are strategy, service, and cost. Aligning strategy, service, and financial factors in your supply chain operation is essential to support your company’s overall business strategy , mission, and objectives. The Importance of Alignment.

Inventory Reduction 117

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 117

Logistics Bureau

NOVEMBER 28, 2024

If net profit on sales is 5%, for example, a reduction in supply chain costs from 9% to 4% (or from 12% to 7%) will double net profits. If not, this might be the right time to invest in a suitable (IT) solution, because these data will change and you will need them again to maintain and consolidate cost savings later.

Cost Reduction 79

Cost Reduction Inventory Reduction Material Savings Expense Reduction 79

Logistics Viewpoints

AUGUST 1, 2024

Top Challenges Faced by Companies: Customer Preferences: Example: An online fashion retailer faces the challenge of constantly changing customer preferences. They design their supply chain on a continuous basis and focus on ecommerce retailing strategies that segment their customer base according to buying behavior.

Supply Chain Design Software 169

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Scenario Planning 169

Logistics Viewpoints

JUNE 4, 2024

However, the juice for my newfound nightly routine soon became difficult to find, perpetually out of stock each time I tried to purchase it at the grocery store. With tart cherry juice sales transitioning into a steady demand pattern, retailers must adapt their inventory strategies accordingly to meet this evolving consumer preference.

Inventory Reduction 145

Inventory Reduction Supply Chain Planning Software Inventory Waste Reduction 145

EazyStock

FEBRUARY 17, 2021

Inventory Replenishment Strategies to Boost Profitability. To overcome all these inventory management risks, you need a toolbox of effective inventory replenishment strategies. 5 Inventory Replenishment Strategies to Increase Profits. Smart inventory purchasing. Both can be very costly.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction 75

SYSPRO Smarter ERP

SEPTEMBER 8, 2022

High and increasing costs, in combination with long recovery times, have triggered many companies to reassess their customer service plus supply-chain strategies and footprints to make them more resilient to any kind of disruption. The procurement process doesn’t start with raising a purchase order and sending it to a supplier.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 105

Logistics Bureau

DECEMBER 6, 2024

In order to meet some requirements, for example, of customers or corporations, the resources managed in logistics can include tangible items such as food, materials, equipment, liquids and stuff as well as abstract items such as information, particles and energy. What is Logistics?

Manufacturing Procurement 81

Manufacturing Procurement Logistics Network Optimization Software Supply Chain Planning Software Sourcing Strategies 81

WorkWave

NOVEMBER 7, 2022

To help you out, we’ve put together a list of seven strategies that will help you double your business with reviews, referrals and marketing. 7 Strategies for Growth. In today’s digital world, potential customers are far more likely to research your business online before making a purchase. Let’s dive right in!

Strategy 95

Strategy Procurement Solutions Examples Tips 95

Logistics Viewpoints

FEBRUARY 22, 2021

Banker : Manhattan Associates, a supplier of supply chain software, is the company that brought KeHE to my attention. Govindarajan : Our previous Supply Chain Purchasing and Inventory Management tools were not enabling us to solve business challenges, we pivoted to Manhattan’s Demand Forecasting and Inventory Optimization software.

Supply Chain Planning Software 23

Supply Chain Planning Software Supply Chain Design Software Optimization Software Supply Chain Software 23

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. The ecommerce logistics practitioner must instead integrate reverse logistics into his or her company’s inventory management strategies and processes.

Inventory Reduction 104

Inventory Reduction eCommerce Inventory Procurement Solutions 104

Ship Monk

APRIL 5, 2024

The fact is, most business owners think of procurement as nothing more than a transactional relationship. Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. End relationships with uncooperative vendors whose goods can easily be purchased elsewhere. The last time you signed a contract?

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 105

SYSPRO Smarter ERP

NOVEMBER 1, 2022

The more technology shifts manufacturing structures, systems and strategies, the more business-critical ERP becomes, and proper techniques are needed to make processes more efficient. Smaller manufacturers, for example, have to consider the costs as challenges can become magnified as a business expands. Eliminate fragmentation.

ERP 98

ERP Supply Chain Planning Software Factories Supply Chain Software 98

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. The adoption of digital strategies is a major feature of new strategies that manufacturers are planning.

Supply Chain Planning Software 115

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

Ship Monk

SEPTEMBER 14, 2023

They’re researching before they purchase, and they’re purchasing wherever and whenever they see something they like. If you’re not employing a multichannel sales strategy, you’re clearly missing out. But what, exactly is a multichannel sales strategy, and is it worth the investment? What is a Multichannel Sales Strategy?

Inventory Reduction 64

Inventory Reduction Price Reduction Cost Reduction eCommerce 64

Logistics Bureau

NOVEMBER 30, 2024

This involves replacement parts, tools, and labor needed to restore functionality. For example, quantities of an item that data suggests have been consumed may actually be sitting in many personal stock caches appropriated by field engineers, factory staff, or other well-meaning members of your company’s workforce.

Inventory Reduction 67

Inventory Reduction Inventory Procurement Solutions Supply Chain Planning Software 67

SYSPRO Smarter ERP

FEBRUARY 22, 2024

Using alphanumeric logic can help you optimize simple picking strategies without having to implement a full-blown warehouse solution or warehouse mapping solution. For example, by stacking containers higher you can make use of vertical space, and mobile shelving units can be useful for seasonal products.

Manufacturing Procurement 116

Manufacturing Procurement Inventory Reduction Expense Reduction Waste Reduction 116

Logistics Bureau

APRIL 18, 2019

Here are some of the planning roles that you could aim for: Supply Chain Planner : Typically a management role with responsibility to analyse supply chain performance and develop strategies for improvement. Purchasing Manager. Otherwise, there are the engineering, quality, purchasing, or warehouse management positions to consider.

Manufacturing Procurement 104

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 104

Logistics Viewpoints

MAY 3, 2022

But it’s important to remember that while customers want their purchases fast, sometimes even the next day, many care about the environmental impact of that delivery as well. We found three key strategies that could serve as a blueprint for other supply chains: Rethink Packaging. One example is Scandinavian furniture giant Ikea.

Supply Chain Design Software 134

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 134

Logistics Business Magazine

AUGUST 23, 2024

Global logistics company DSV has signed an agreement with Volvo Trucks to purchase 300 electric trucks, marking one of Volvo’s largest electric vehicle orders. This move is a significant step in DSV’s strategy to reduce emissions and align with industry trends toward greener transport solutions.

Procurement Solutions 47

Procurement Solutions Purchasing Skills Purchasing Expense Reduction 47

Blue Grace Logistics

AUGUST 3, 2021

The importance of setting the tone of the relationship and being an example of what you expect. Communication and equality are the central axes of the process of transforming a supplier into a valuable business partner for the strategy, success, and growth of a company. In this way, if problems arise, solutions will be expedited.

Maintainability 117

Maintainability Price Reduction Purchasing Skills Resource Reduction 117