Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. Here are some highlights from these trends in 2023 and implications on supply chain planning.

Supply Chain Planning Software 157

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 157

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. For instance, suppliers may have strong Vendor Management process expertise that will help reduce working capital.

Supply Chain Planning Software 166

Supply Chain Planning Software Manufacturing Procurement Supply Chain Design Software Optimal Sourcing 166

MTS Logistics

JANUARY 29, 2020

Given the current global consumer climate which has seen customers having higher expectations than ever before, supply chains are coming under immense pressure to deliver exceptional services within a reduced timeframe and at a lower cost. Sustainability. Tech Integration. Partnerships.

Cost Reduction 93

Cost Reduction Inventory Reduction Trends Logistics Network Optimization Software 93

GlobalTranz

OCTOBER 9, 2015

I remember reading an MIT paper on manufacturing technology trends a couple of years ago. One of the biggest challenges facing automotive, aerospace and defense manufacturers is the limited shapes a part can be cut, molded or welded in. It had a fascinating mention of " Additive Manufacturing " (AM) and how it could be a game changer.

Manufacturing Procurement 125

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 125

Logistics Viewpoints

MARCH 25, 2021

Global trade regulations and conflicts, as well as tariff threats as a political tool, could cut off sources and markets and push your business plan into the red. Your transportation consultant can help develop response strategies to ensure your supply chain continues to operate while the problem is addressed.

Supply Chain Planning Software 190

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 190

Blue Grace Logistics

APRIL 1, 2024

It can be a direct reflection of current market trends, as many publicly traded companies operate within the global supply chain. In an era where resilience and adaptability are key to survival, technology has become the bedrock upon which supply chain professionals build their strategies.

Optimal Sourcing 127

Optimal Sourcing Supply Chain Software Optimization Software Supply Chain Planning Software 127

Logistics Viewpoints

MAY 9, 2024

Picture this: you need to plan your inventory levels for the upcoming holiday season. Over the years, AI capabilities for prediction, clustering, segmentation, and more have accelerated supply chain strategies, automating daily operations and augmenting data-driven intelligent decision support. The supply chain is no exception.

Supply Chain Planning Software 187

Supply Chain Planning Software Scenario Planning Supply Chain Software Modeling Software 187

EazyStock

OCTOBER 20, 2020

Inventory Control Techniques that use Stock Optimization Best Practices. There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. Firstly, let’s get a few definitions: What is inventory control? 6 Inventory Control Techniques to Optimize Stock Levels.

Inventory Reduction 98

Inventory Reduction Optimization Software Inventory Optimization Modeling 98

Ship Monk

JANUARY 9, 2024

We can’t predict when joggers will go out of style (never, we hope) but we are pretty good at predicting ecommerce trends. ShipMonk nurtures relationships and facilitates integrations with shipping companies, as well as providers of third-party tools and systems that enable ecommerce businesses to thrive.

eCommerce 105

eCommerce Trends Optimization Software Supply Chain Software 105

EazyStock

NOVEMBER 17, 2020

What is ERP inventory management? When it comes to inventory management, ERP systems are ideal for tracking stock along the supply chain, monitoring stock levels and order processing. ERP inventory management limitations. ERP inventory management needs sophisticated demand forecasting.

ERP 98

ERP Inventory Reduction Inventory Optimization Software 98

Logistics Bureau

NOVEMBER 30, 2024

If your company is in the business of maintenance, repair, and operations (MRO) – providing services and supplies to keep equipment and facilities running – you should already be aware of the strengthening trend in service as a source of value, both in business-to-business and business-to-consumer marketplaces. What is MRO?

Inventory Reduction 87

Inventory Reduction Inventory Procurement Solutions Supply Chain Planning Software 87

EazyStock

JULY 22, 2021

Demand forecasting techniques play a critical role in inventory management. However, producing an accurate inventory demand forecast is no mean feat. But first – let’s get a definition: What is inventory demand forecasting? The Importance of Accurate Inventory Forecasting. Identify trends. Inventory Demand Trends.

Inventory Reduction 105

Inventory Reduction Inventory Optimization Software Procurement Solutions 105

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 133

Supply Chain Software Logistics Network Optimization Software Supply Chains Trends 133

Ship Monk

JANUARY 16, 2024

Are you experiencing frequent inventory discrepancies , or wishing you had a better handle on forecasting demand? If you answered yes to any of these questions, it may be time to upgrade to a perpetual inventory management system. What is a Perpetual Inventory System? Let’s start with a few definitions.

Inventory Reduction 104

Inventory Reduction Inventory Supply Chain Software Logistics Network Optimization Software 104

Blue Grace Logistics

JUNE 23, 2023

By analyzing revenue, inventory levels and orders, shippers can gain a comprehensive understanding of market dynamics and position themselves strategically for success. Here’s some key highlights from the Q3 2023 LCI: Anticipated revenue maintains a positive trend. Inventory optimization.

Resource Reduction 116

Resource Reduction Inventory Reduction Logistics Network Optimization Software Cost Reduction 116

MTS Logistics

OCTOBER 29, 2024

Self-driving trucks and drones, a rapidly developing facet of AI in logistics, streamline delivery operations, addressing labor shortages and reducing reliance on human drivers. This advancement not only speeds up delivery times but also significantly reduces transportation costs.

Optimal Sourcing 105

Optimal Sourcing Supply Chain Planning Software Logistics Network Optimization Software Optimization Software 105

EazyStock

JUNE 24, 2020

Common challenges include unpredictable customer behavior, unreliable inventory supplies, rising logistical costs and internal capacity constraints. Inventory optimization software is an important piece of the puzzle. It is critical to helping inventory management teams understand and manage demand and supply variables.

Inventory Reduction 98

Inventory Reduction Procurement Solutions Inventory Supply Chain Planning Software 98

SYSPRO Smarter ERP

JUNE 9, 2022

Manufacturers rely on data and their ERP platform to answer critical questions: What are our inventory levels? Mid-market manufacturers need a tool that’s tailored to their needs. The BI tool needs to be able to easily pull all this data together for analysis. How much does it cost us to manufacture this product?

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Software 98

Logistics Bureau

JANUARY 3, 2018

It’s that time when idle chatter at the office Christmas lunch turns to debating what next year will bring, especially among logistics and supply chain professionals, for whom it seems every New Year brings new challenges, trends, and disruptive innovations. The 7 Trends for Supply Chain Pros to Watch in 2018.

Supply Chain Design Software 97

Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software Supply Chain Design 97

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. The coronavirus disruptions highlighted the stressed nature of lean and just-in-time inventories.

Supply Chain Planning Software 115

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

Logistics Viewpoints

SEPTEMBER 19, 2023

Management practices such as lean manufacturing and just-in-time inventory management, along with globalization, have made tremendous impact on cost and service, but have accentuated risk. Globalization, nearshoring and friendshoring trends are amplifying the supply chain risks. This is where AI can make all the difference.

Supply Chain Design Software 167

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 167

3PL Links

MAY 3, 2023

Improving Supply Chain Visibility: The Impact of Data Strategy | Image source: Pixabay A business-contextualized data approach is crucial for boosting supply chain visibility, especially during downturns. Read also: Revolutionizing the Industry: Discover the Top 3 Logistics Trends for 2023! Which tools should we use?

Sourcing Strategies 62

Sourcing Strategies Inventory Reduction Material Savings Cost Reduction 62

Logistics Viewpoints

JANUARY 11, 2023

In early November, my colleague Steve Banker wrote an article looking at the top supply chain trends for 2023 and beyond. Top Five Transportation Trends ; Chris Cunnane. In my presentation, I highlighted five key transportation trends that are changing supply chains from a technology standpoint.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 173

EazyStock

APRIL 13, 2022

What is a supply chain strategy? A supply chain strategy explains how a company will bring goods into the business and get them out to customers as effectively as possible. Considering every phase in the supply chain, such as sourcing goods, logistics and delivery, the strategy optimizes operations to reduce costs and maximize profits.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 52

3PL Links

MAY 19, 2024

Image source: PxHere | Mastering Demand and Inventory Planning: Essential Strategies for Success Have you ever thought about how businesses effectively satisfy customer demand and maintain supplied inventory? Demand and inventory planning is a critical procedure that holds the key to success. How to do demand planning?

Inventory Reduction 48

Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 48

Ship Monk

SEPTEMBER 9, 2020

Every fairy godmother needs her magic wand, every knight needs his shining armor, and every eCommerce business owner needs their tools. Tech tools, that is. Tools for Marketing (and Sales). Drift , a tool we use daily here at ShipMonk. A solid marketing strategy just isn’t complete without SEO. Let’s dive in!

Optimization Software 86

Optimization Software Logistics Network Optimization Software eCommerce Tools 86

SYSPRO Smarter ERP

JULY 19, 2022

Businesses are continuously trying to find ways to maximize productivity and reduce waste to remain competitive in the global marketplace. However, manufacturers can only reap those benefits if they implement the right processes to enable this approach and embrace a strategy of continuous improvement. What is lean manufacturing?

Manufacturing Procurement 105

Manufacturing Procurement ERP Waste Reduction Material Savings 105

SYSPRO Smarter ERP

NOVEMBER 30, 2021

Forced to implement protective measures through the pandemic, some companies increased overhead by stock piling inventory which negatively affects both cash flow and profits. Manufacturers can use forecasting to support inventory optimization. Managing Inventory. labor, materials and warehousing, to IT, freight and safety.

Supply Chain Planning Software 105

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

Ship Monk

NOVEMBER 8, 2022

“Inventory” is a tricky word because it means different things to different people. If you are an inventory manager, inventory is the number of units you have on hand at any given time. If you are an accountant, inventory is an asset on a balance sheet tracked by its monetary value. Inventory Types for Manufacturers.

Inventory Reduction 98

Inventory Reduction eCommerce Inventory Manufacturing Procurement 98

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

GoShip Blog

DECEMBER 29, 2022

Fortunately, there are effective strategies you can employ to reduce your e-commerce store’s shipping costs. However, you do not need to send thousands of packages monthly to enjoy these price reductions. There are various digital shipping platforms you can use to access discounts and reduce logistics costs.

Cost Reduction 52

Cost Reduction Price Reduction Inventory Reduction Negotiating Skills 52

Logistics Viewpoints

JANUARY 30, 2025

Overlaying a dynamic layer on top of the WMS can sometimes be the the best and most efficient strategy. By analyzing real-time data such as order trends, equipment availability, and associate performance, these systems can dynamically adjust workflows.

Optimization Software 124

Optimization Software Resource Reduction Automation Logistics Network Optimization Software 124

MTS Logistics

DECEMBER 20, 2023

Elastic logistics is becoming a shining example of efficiency and cost savings due to its capacity to dynamically react to changing demand by expanding or reducing operations. Let’s dissect the essential elements that make up this dynamic strategy: 1. Elastic logistics also ushers in a new era of supply chain resilience.

Supply Chain Software 105

Supply Chain Software Supply Chains Inventory Reduction Cost Reduction 105

3PL Links

NOVEMBER 12, 2024

With logistics, labor, and inventory costs on the rise, finding targeted ways to reduce expenses can have a significant impact on your bottom line. Here are seven proven strategies every supply chain manager should explore to streamline operations, boost efficiency, and drive profitability.

Cost Reduction 62

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

Locus

JANUARY 22, 2025

As we look ahead to 2025, businesses are increasingly turning to AI-driven technologies to streamline last-mile delivery, cut rising costs, and keep customers satisfied. Key Benefits Fuel Savings: Better routing minimizes unnecessary travel, cutting fuel expenses. That way, you can plan routes and resources before the rush hits.

Cost Reduction 52

Cost Reduction Expense Reduction Resource Reduction Inventory Reduction 52

Logistics Bureau

JANUARY 20, 2025

Supply chain automation refers to the tools and technologies we can use to make manual tasks automated, reducing the need for human workers. Supply chain automation tools allow you to create a more resilient, efficient, and competitive business. What is Supply Chain Automation?

Supply Chain Software 90

Supply Chain Software Supply Chain Design Software Supply Chain Design Supply Chains 90

Logistics Viewpoints

JANUARY 21, 2025

Understanding AI Agents At its core, an AI Agent is a reasoning engine capable of understanding context, planning workflows, connecting to external tools and data, and executing actions to achieve a defined goal. Integrate with External Tools and Data: AI Agents can augment their inherent language model capabilities with APIs and tools (e.g.,

Supply Chain Planning Software 166

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimal Sourcing 166