Logistics Viewpoints

SEPTEMBER 4, 2023

Procuring transportation for freight is much different than any other procurement category. There are different tools, goals, and market dynamics. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. One master of freight procurement is Kyle Masters.

Procurement Solutions 113

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 113

Logistics Viewpoints

DECEMBER 2, 2024

An iGPU (integrated graphic processing unit) is a current example. We have complete visibility of the performance of the entire supply chain in one tool. As an example, if we have congested lanes, the system will automatically flag that we have a potential risk of delay based. This was meant to be an internal tool for Lenovo.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 115

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

GlobalTranz

SEPTEMBER 12, 2016

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. For example, transportation management often focuses on the journey of products after manufacturing. The Definition of Procurement Logistics.

Manufacturing Procurement 101

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 101

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 75

Manufacturing Procurement Logistics Network Optimization Software Supply Chain Planning Software Sourcing Strategies 75

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

GlobalTranz

NOVEMBER 17, 2016

Transportation modes used in procurement and shipping. As explained in a previous blog post, continuous improvement in an organization can be achieved through the use of performance measurement tools via big data. Twitter Facebook Google+ LinkedIn The post How Can Supply Chain Leaders Use Big Data as a Tool to Continuously Improve?

Supply Chain Design Software 115

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

Transporeon

FEBRUARY 26, 2017

It’s usually obvious when you’re using the wrong tool. So then why do logistics professionals go on using the wrong procurement tool? So then why do logistics professionals go on using the wrong procurement tool? Why use the wrong procurement tool? So which tool is the right procurement tool?

Optimal Sourcing 48

Optimal Sourcing Logistics Network Optimization Software Optimization Software Supply Chain Software 48

Transporeon

JANUARY 25, 2018

In the case of an Amway multivitamin, for example, the company controls the process “from seed to supplement,” transporting raw materials to manufacturing sites in the U.S., The company began searching for a better way to procure freight and manage bids. We needed very little support,” says Clark. “We

Negotiating Skills 48

Negotiating Skills Manufacturing Procurement Cost Reduction Supply Chain Planning Software 48

Logistics Viewpoints

JANUARY 29, 2025

Uyghur Forced Labor Prevention Act (UFLPA) and the European Unions Forced Labor Regulation (FLR) are prime examples of this tightening framework. Businesses will need to ensure accurate data reporting across core operations such as sourcing, procurement, and transactions. Adding to the uncertainty, recent comments from a new U.S.

Compliance 111

Compliance Supply Chain Planning Software Study Supply Chain Software 111

GlobalTranz

FEBRUARY 27, 2018

Procurement must never be an afterthought in any enterprise. The answers to these questions lie in understanding a few of the top industrial procurement trends to expect in 2018. Companies Will Seek New Ways to Use Technology in Procurement. The global supply chain creates many challenges and opportunities in procurement.

Manufacturing Procurement 66

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Supply Chain Software 66

Freightos

DECEMBER 3, 2024

Home Shipsta by Freightos Introduces Rate Refresh: The Future of Agile Procurement in 2025 Blog Luxembourg, December 3, 2024 – Shipsta by Freightos (Nasdaq: CRGO) continues to drive freight procurements evolution with the rollout of Rate Refresh, a key addition to its procurement platform. Why Rate Refresh?

Optimal Sourcing 62

Optimal Sourcing Procurement Logistics Network Optimization Software Price Reduction 62

Freightos

DECEMBER 3, 2024

Blog More Resources Home Shipsta by Freightos Introduces Rate Refresh: The Future of Agile Procurement in 2025 Visit Shipsta by Freightos Luxembourg, December 3, 2024 – Shipsta by Freightos (Nasdaq: CRGO) continues to drive freight procurements evolution with the rollout of Rate Refresh, a key addition to its procurement platform.

Optimal Sourcing 62

Optimal Sourcing Procurement Logistics Network Optimization Software Price Reduction 62

Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post was written in collaboration with , OpenEnvoy , a leading automated invoice reconciliation tool. Digitize Invoicing to Eliminate Errors and Guard Cash Flow.

Supply Chain Software 148

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 148

Logistics Viewpoints

JANUARY 11, 2021

Jeff Tramel, the Vice President of Global Procurement, at NTT DATA Services. SAP recently announced that NTT DATA Services, a global digital business and IT services company, had achieved $125 million in value based on a digital transformation of their procurement function. The procurement function is self-funded.

SAP 100

SAP Optimal Sourcing Negotiate Pricing Negotiating Skills 100

Logistics Viewpoints

AUGUST 8, 2022

Emerge has an interesting new platform to deal with the problems shippers are having procuring truck capacity. It has spot procurement functionality that you would see in a transportation management system (TMS), and the request for proposal (RFP) functionality you would see in contract planning or procurement solutions.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Freight Logistics Network Optimization Software 120

Material Handling and Logistics

DECEMBER 14, 2018

Cloud-based supply chain management tools, the Internet of Things (IoT), artificial intelligence (AI) and machine learning are expected to figure prominently in future supply chain operations. Mistrust of data and analytics tools is not just a supply chain and logistics issue.

Supply Chain Software 166

Supply Chain Software Optimal Sourcing Supply Chains Data 166

Logistics Viewpoints

MARCH 24, 2022

Business intelligence tools can use this visibility and other information to help shippers act more strategically by procuring the most efficient, cost-effective carrier services. Procurement teams play an incredibly important role. This can lead to poor carrier service selection and damage the bottom line.

Supply Chain Planning Software 109

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Optimal Sourcing 109

Material Handling and Logistics

AUGUST 10, 2018

But I often see companies that have more cutting tools, for example, than they need. Machinists may set aside a box of inserts and drills at their work stations, for example, to ensure they don’t run out. If a specification changes or new tools come online, this excess inventory may end up in the trash. Too Little.

Negotiate Pricing 90

Negotiate Pricing Negotiating Skills Purchasing Skills Procurement Solutions 90

Logistics Viewpoints

OCTOBER 10, 2022

in turn, is a boutique procurement consultancy. Professionals from procurement, compliance, logistics, sustainability, information-security and several other internal stakeholder all use the solution for different reasons. This intermediate step is more related to Procurement and supply chain transparency. Any final thoughts?

Supply Chain Planning Software 117

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 117

Logistics Viewpoints

SEPTEMBER 7, 2022

Kevin Nelson, a chief procurement officer and senior vice president at BD, agreed to be interviewed on this topic. The company had access to huge amounts of trade data, for example. Thirdly, the tool can improve their financial forecast. Finally, the tool is a sales tool. Supply Chain Chaos is the New Norm.

Supply Chain Software 104

Supply Chain Software Supply Chains Optimal Sourcing Procurement Solutions 104

Logistics Viewpoints

JANUARY 31, 2024

Between the Carbon Border Adjustment Mechanism ( CBAM ) and the Corporate Sustainability Reporting Directive ( CSRD ), any large company that intends to conduct business in the European Union will be responsible for reporting on data that encapsulates environmental risk, procurement statistics, and supply chain impacts.

Data 125

Data Manufacturing Procurement Material Savings Supply Chain Software 125

SYSPRO Smarter ERP

MAY 10, 2022

This should also integrate with inventory management and procurement so that goods are ordered in time and there is visibility over stock items. By using business analytics tools in the forecasting process, the quality of forecasts can be assessed and trends analyzed.

Manufacturing Procurement 111

Manufacturing Procurement ERP Procurement Solutions Optimal Sourcing 111

Logistics Bureau

APRIL 4, 2022

It will also make it easier to determine, for example, if you should opt for contract rates over spot rates or vice versa. 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

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. The supply chain design solution, for example, continues to grow in depth and usability. I saw this claim as being more a statement of intention than of fact.

Supply Chain Design Software 109

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 109

GlobalTranz

JULY 30, 2018

Supply chain leaders must weigh the pros and cons of implementing blockchain solutions and consider the enterprise-wide impacts, like better productivity to increase wages, reduced shrink, and better maintenance schedules tool. An Introduction to Blockchain and Its Potential Benefits and Drawbacks in Supply Chain Management.

Supply Chain Software 50

Supply Chain Software Examples Logistics Network Optimization Software Supply Chains 50

Log-hub

MARCH 7, 2025

H&Ms Garment Collecting Program is a perfect example of reverse logistics in action. A great example is Fairphone , a sustainable smartphone brand that designs devices with replaceable parts, allowing users to repair or upgrade components instead of discarding the entire phone. billion in 2022 and projected to grow at a CAGR of 9.4%

Waste Reduction 40

Waste Reduction Resource Reduction Material Savings Cost Reduction 40

Logistics Bureau

JANUARY 2, 2025

These days we’ve got much better tools for the job, but the goal’s still the same: getting your deliveries to the right place, at the right time, without driving your costs through the roof or running your drivers into the ground. However, some perhaps use unsophisticatedbut adequatedigital tools for route planning.

Logistics Network Optimization Software 75

Logistics Network Optimization Software Optimization Software Optimal Sourcing Logistics 75

SYSPRO Smarter ERP

APRIL 18, 2022

New SYSPRO research reveals 47% of survey respondents invested in sensors, IoT or IIoT to collect data and respond to supply chain disruption, however only 20% of businesses invested in data analytics tools to process and analyze the data and only 5% of businesses investigated AI and ML to draw any long-term benefit from the data collection.

Manufacturing Procurement 124

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software ERP 124

Ship Monk

APRIL 5, 2024

The fact is, most business owners think of procurement as nothing more than a transactional relationship. For example, evaluate processes including invoicing, payment, tech integrations, communications, timely approvals, and customer service responses. Establish KPIs that hold both your suppliers and your procurement team accountable.

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 105

Logistics Viewpoints

SEPTEMBER 19, 2023

The bullwhip effect is one example of this disruptive effect, when small changes in demand cause huge demand spikes downstream. Table 1 describes a few examples of these types of risks. Examples of disruptive risks are suppliers going out of business or shipwrecks that result in the loss of cargo containers.

Supply Chain Design Software 117

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 117

SYSPRO Smarter ERP

AUGUST 1, 2022

For example, in a bakery business, using the right tool with the BOM, the overall capacity of the oven and fridges could be monitored, and improvements as to how best to use ability could be suggested to reduce electricity costs, capacity constraints and workforce. First, keeping track of the production process is very beneficial.

Optimal Sourcing 111

Optimal Sourcing Manufacturing Procurement Material Savings Inventory Reduction 111

Logistics Viewpoints

AUGUST 23, 2021

The LevaData solution, for example, speeds up sourcing significantly. For example, transportation management solutions from Blume Global, Descartes, E2open, One Network, and others, allow tenders and tender-accepts to be automated in a holistic application that manages the end-to-end transportation process.

Collaboration 117

Collaboration Supply Chain Planning Software Optimal Sourcing Modeling Software 117

SYSPRO Smarter ERP

NOVEMBER 30, 2021

It provides the facility to analyze forecasting errors, share data between departments such as procurement, identify sales trends and seasonality. Other related tools such as Pareto analysis identify which products are most profitable and hence those you should focus your attention on. Stay Agile, Get Ahead.

Supply Chain Planning Software 105

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

SYSPRO Smarter ERP

AUGUST 22, 2022

Without the proper procurement, receipt and storage of the materials needed to carry out the business activity it is impossible for the metal fabricator to begin the manufacturing process or market its products. For example, a custom manufacturer may need a metal fabrication supplier to take on a design-to-order project.

Supply Chain Design Software 105

Supply Chain Design Software Manufacturing Procurement Optimization Software Supply Chain Software 105

SYSPRO Smarter ERP

JULY 19, 2022

An ERP system has the tools for forecasting, stock accuracy, tracking historical data for sales and works orders which will assist you to set minimum or maximum stock levels. ERP supports lean manufacturing in: Reduced inventory waste: As a manufacturer you expect to have a certain level of raw materials and product maintained in inventory.

Manufacturing Procurement 105

Manufacturing Procurement ERP Waste Reduction Material Savings 105

AIMMS

NOVEMBER 12, 2019

Procurement then pulls together a summary file with the vendors’ different scores for the supply chain decision maker to evaluate. Let’s take some examples. . Other questions I see include: “How many statistical models does your tool support?” “Are Is it because the current tool you use needs a lot of fiddling and adjusting?

Supply Chain Planning Software 101

Supply Chain Planning Software Procurement Solutions Modeling Software Supply Chain Software 101