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

Logistics Business Magazine

NOVEMBER 24, 2023

Things are changing in supply chain management: while cost-cutting has been at the top of the agenda for many executives for years, in future they will be increasingly concerned with the shortage of skilled workers, sustainability and resilience. At a glance: The top ten SCM trends in 2024 1.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimization Software 59

Logistics Business Magazine

DECEMBER 8, 2022

Additionally, the always present issues of shortage of skilled labour, supply chain disruptions and cost pressure also prove difficult. Ralf Duester, member of the board of the SCM software specialist Setlog, shows which trends will shape the year 2023. Cost awareness increases. Demand fluctuations force action.

Supply Chain Planning Software 64

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Purchasing Skills 64

Logistics Viewpoints

OCTOBER 24, 2024

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. When a procurement contract is negotiated, the buyer has planned to achieve a certain level of savings.

SAP 143

SAP Procurement Solutions Manufacturing Procurement Procurement Analytics 143

MTS Logistics

AUGUST 23, 2023

The future of e-commerce undoubtedly lies in embracing sustainability, with current trends and future projections pointing towards a more environmentally friendly landscape. Current Supply Chain Trends in Green E-commerce 1. They are investing in renewable energy sources, reforestation projects, and carbon offset programs.

Supply Chain Design Software 86

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 86

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 165

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Scenario Planning 165

3PL Links

MAY 23, 2024

Image source: Public Domain Pictures | The Growth of Cross-Border E-Commerce: Trends and Predictions Over the past few decades, cross-border e-commerce has grown tremendously. This kind of product has gained enormous popularity abroad, and its success serves as an example of industry trends worldwide.

Trends 48

Trends Inventory Reduction Sourcing Strategies Expense Reduction 48

Freightos

JANUARY 12, 2017

In general numbers, air freight is usually 5X the price of trucking and 16X the price of ocean freight, according to the World Bank. Cost – Simply put, air freight comes with a hefty price tag. Air freight is priced based on both size and weight, which can scale price very quickly. Pharmaceuticals.

Purchasing Skills 48

Purchasing Skills Price Reduction Cost Reduction Trends 48

Bringg

AUGUST 5, 2020

Customers save on the cost of delivery, and enjoy the speed and convenience of picking up their order from a nearby location when it suits them. 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.

Trends 118

Trends Modeling Software Optimization Software Optimization Modeling 118

Conger

JULY 28, 2022

Plenty of examples of warehousing. This means they act as third-party logistics (3PLs) and may even offer value-added fulfillment services to help subsidize the costs of running the warehouse. High capital and operating costs make private warehouses a realistic option only for large, established businesses. Their pros and cons.

Examples 52

Examples Definition Supply Chain Design Software Supply Chain Software 52

Logistics Business Magazine

DECEMBER 11, 2022

While it’s imperative to focus on budgets and business initiatives that will take precedence over the next year, it’s just as important to keep an eye on the big-picture trends that are shaping the industry. o9 Solutions’ supply chain experts and leaders are sharing their insights on the trends that could become prevalent in 2023 and beyond.

Supply Chain Planning Software 58

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 58

Logistics Bureau

DECEMBER 9, 2019

Rob O’Byrne makes an early start with his round-up of supply chain and logistics trends that might make industry headlines in the coming year. His observations include trends in first and last-mile logistics, and the increase in SMEs entering global markets. 2020 Supply Chain and Logistics Trends: What’s Around the Corner?

Supply Chain Software 117

Supply Chain Software Logistics Network Optimization Software Supply Chains Trends 117

Logistics Business Magazine

JUNE 25, 2024

Cost savings used to be at the top of supply chain managers’ agendas. Take Germany, for example: the “Trends in Logistics & SCM” study conducted by the German Logistics Association BVL in 2023 shows that cost pressure was the most important topic for decision-makers in 2016, but in 2023 it only ranks fourth.

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 59

Ship Monk

SEPTEMBER 19, 2022

Back then you didn’t need to know about holding costs because Mom and Dad let you store your inventory for free. It wasn’t until your business took off and they kicked you out that you began incurring holding costs a.k.a. carrying costs, and needed to learn what those are. So what exactly is holding cost?

Inventory Reduction 52

Inventory Reduction Cost Reduction Purchasing Skills Inventory 52

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. Recent statistics have revealed a surge in sales across the United States , indicating a growing trend that has caught the attention of both consumers and retailers alike.

Inventory Reduction 141

Inventory Reduction Supply Chain Planning Software Inventory Waste Reduction 141

MTS Logistics

MAY 6, 2020

While there’s no way to avoid shipping costs when running an online store. After choosing a shipping service – as well as entering the weight and dimensions of your package if it’s an adjustable-rate service – the calculator will reveal the cost of shipping the package with the respective courier.

Negotiating Skills 55

Negotiating Skills Purchasing Skills Cost Reduction Procurement Solutions 55

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. This trend was compounded further in recent years. Billion globally in 2024.

Inventory Reduction 148

Inventory Reduction How To Cost Reduction Procurement Solutions 148

EazyStock

DECEMBER 17, 2019

Intro to 2020 Supply Chain Management Trends. Throughout the last decade, the main trends were digitization and globalization. 2020 supply chain management trends will further these shifts. 2020 supply chain management trends will further these shifts. Greening” the Supply Chain.

Supply Chain Software 81

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 81

Logistics Viewpoints

AUGUST 22, 2022

To cut the inventory, the company has slashed prices on overstocked items. LIFO matches the rising price to acquire inventory against revenues. In times of high inflation, LIFO alleviates the “inventory profit” that would result if old inventory, purchased at a lower price, was used to calculate profits.

Supply Chain Planning Software 126

Supply Chain Planning Software Supply Chain Software Supply Chains Purchasing Skills 126

Logistics Bureau

OCTOBER 4, 2024

Examples of Vertical Integration To illustrate these drivers a bit more comprehensively, let’s look at a few examples of companies that have either started out with a vertically integrated structure, or have become more vertical via mergers or acquisitions.

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Software Supply Chains Material Savings 91

Blue Grace Logistics

JANUARY 19, 2021

Fraught with the risk of infection, restricted business hours, and massive unemployment, the average shopper has reallocated their purchasing power online. How Will 2020 Impact Trends in 2021? Prices and online reviews are easily compared in a matter of minutes. Aldi, TJ Maxx, and Burlington are a few examples.

Trends 62

Trends Purchasing Skills Price Reduction Modeling Software 62

SYSPRO Smarter ERP

NOVEMBER 30, 2021

Despite record layoffs in many industries, Canadian manufacturers face a skills shortage in key positions in operations and across the supply chain. All of the above pressures culminate in rising operational costs – from ?labor, Talent gaps: ? One of the key drivers is the aging workforce leaving for retirement. Stay Agile, Get Ahead.

Supply Chain Planning Software 105

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

FreightWaves SONAR

JANUARY 5, 2021

Operational costs continue to increase for carriers year to year. 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. Operating Ratio.

Cost Reduction 105

Cost Reduction Waste Reduction Expense Reduction Price Reduction 105

Logistics Bureau

APRIL 4, 2022

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. So how can you be sure you’re getting the best freight rates possible?

Negotiating Skills 83

Negotiating Skills Purchasing Skills Logistics Network Optimization Software Supply Chain Planning Software 83

Logistics Bureau

OCTOBER 1, 2018

Call it a cop-out if you like, but predicting which logistics and supply chain trends will make a difference to businesses in any given year has become notoriously difficult, given the speed at which technology in particular, can suddenly disrupt the way things are done. 2018 Update: How Did the Trends Progress?

Supply Chain Planning Software 88

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 88

Freightera

DECEMBER 21, 2023

Freightera’s CEO, Eric Beckwitt Gives His Predictions on The Trends in Sustainability in 2024. Although interest rates are widely predicted to fall in 2024, and the freight recession may end, the multi-decade trend of moving manufacturing overseas, especially to China, may be largely over.

Manufacturing Procurement 40

Manufacturing Procurement Trends Sourcing Strategies Waste Reduction 40

Ottawa Logistics

MARCH 21, 2019

At the same time, exciting new trends dictate a future that promises to be more streamlined, efficient, and customer-centric than ever before. Let’s take a closer look at the newest trends in last mile delivery. What Drives Trends in Last Mile Delivery? The Newest Trends in Final Mile Delivery. Customer Expectation.

Trends 63

Trends Supply Chain Design Software Purchasing Skills Negotiating Skills 63

FreightWaves SONAR

NOVEMBER 9, 2020

This week, learn how freight market participants, especially trucking carriers , rely on both the Ultra-Low Sulfur Diesel Rack (ULSDR) data index and the FUELS index to measure diesel fuel price volatility and to understand its impact on their operations and the freight market at large. The local price is an average of those various prices.

Purchasing Skills 52

Purchasing Skills Price Reduction Data Cost Reduction 52

WorkWave

MAY 24, 2024

Sources cite the resiliency of essential services , predictive recurring revenue and business model growth opportunities enabled by technology, training and development as being reasons behind the interest. WorkWave: How important is trust and transparency during the due diligence and negotiations processes?

Negotiating Skills 98

Negotiating Skills Buyer Training Purchasing Skills Modeling Software 98

Logistics Viewpoints

MAY 13, 2024

This technology allows businesses to unify their procurement, expense management, invoicing, payments, sourcing, contract management, and spend analysis processes and reporting. This solution provides for purchase order collaboration. A solution needs to be trained on the right data, on data that has been ethically sourced.”

Procurement Solutions 146

Procurement Solutions Modeling Software Procurement Analytics Logistics Network Optimization Software 146

FreightWaves SONAR

DECEMBER 21, 2020

This week, learn how freight market participants are predicting shifts in the freight market that may occur with changes in retail sales trends using the SONAR index, Retail Sales with the ticker name of RESL. The RESL index is a monthly measurement of retail sales trends provided by the U.S. for year-over-year breakouts): .

Trends 98

Trends Freight Demo Purchasing Skills 98

Locus

MARCH 27, 2024

But here’s the kicker for retailers: amidst all this chaos, they’ve got to keep their delivery costs lean without compromising on giving customers a smooth and enjoyable experience. This situation demands not just managing costs but also turning the returns process into a positive touchpoint with customers.

Cost Reduction 52

Cost Reduction Inventory Reduction Expense Reduction Resource Reduction 52

Logistics Viewpoints

JANUARY 3, 2022

The devices are surprisingly inexpensive, costing $350-500 per vehicle per year depending upon the volume of devices purchased. In September 2020, the company announced what they claim is the world’s first autonomous truck purchase order from Wilson Logistics. Drivers account for 40 percent of the cost of the freight move.

Trucking 169

Trucking Trends Modeling Software Logistics Network Optimization Software 169

LandLink

OCTOBER 18, 2018

Truckers are considering adopting a demand-based pricing algorithm very much like the Uber system. Pricing for transportation services will fluctuate on any given day based upon shipper demand. Transportation prices have been rising every quarter for the last couple of years. But the current pricing environment is here to stay.

Purchasing Skills 48

Purchasing Skills Packaging Freight Tips 48

Ship Monk

JANUARY 19, 2024

An ecommerce store is a branded website where products from a single seller can be purchased over the internet. Building an online storefront can be as simple as adding an open-source shopping cart plugin, such as WooCommerce, to your WordPress website, or as complex as a custom-coded ecommerce platform like BestBuy.com.

eCommerce 105

eCommerce Logistics Network Optimization Software Optimization Software Purchasing Skills 105

ShipLilly

SEPTEMBER 14, 2020

Such trends are fueled by a rise in e-Commerce fulfillment frameworks as well as the ongoing transactions involving personal protective equipment (PPE) which is mainly due to the onset of the COVID-19 pandemic. For example, by the 28th of August 2020; the Asia-US West Coast rate was $3,639. This represents an increase of 5.8%

Trends 72

Trends Replenishment Purchasing Skills Government 72

Logistics Viewpoints

MAY 17, 2023

Performance today embodies not only the traditional measures of accuracy and cost-efficiency, but also responsiveness and agility. Warehouse operations historically strived to deliver the perfect order – the right product, at the right price, at the right time. But the results of the survey do identify some trends.

Purchasing Skills 148

Purchasing Skills Supply Chain Software Survey Logistics Network Optimization Software 148