MTS Logistics

OCTOBER 29, 2024

Predictive analytics, fueled by vast datasets including historical sales, market trends, and weather patterns, enables businesses to optimize inventory levels with precision, reducing overstock or shortages and ensuring customer satisfaction through accurate demand forecasting. AI’s role in sustainability is particularly noteworthy.

Optimal Sourcing 105

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

Logistics Viewpoints

JANUARY 15, 2025

From balancing cost-efficiency with ethical sourcing to enhancing transparency and integrating corporate social responsibility (CSR), businesses face mounting pressure to align their operations with sustainability, technology, and energy practices. The energy sector provides a compelling example of CSR-driven compliance.

Supply Chain Planning Software 117

Supply Chain Planning Software Supply Chain Software Compliance Optimal Sourcing 117

The Logistics of Logistics

MARCH 21, 2025

John is CEO of FreightPath, an innovative talent firm that offers both a comprehensive learning management system and a direct candidate sourcing solution. John’s vision for continuous service improvement and his prior experience with global recruitment firm Search Logistics drive FreightPath’s success.

Sourcing Strategies 266

Sourcing Strategies Resource Reduction Cost Reduction Supply Chain Design Software 266

WorkWave

DECEMBER 9, 2024

This award featured two main categories, Small Business <$50 million and Enterprise >$49 million, and then five sub-categories within each main category: Procurement/ERP Software, Robotics, Supply Chain Visibility Solutions, WMS/TMS Software and Warehouse Automation.

Supply Chain Planning Software 105

Supply Chain Planning Software Procurement Solutions Supply Chain Design Software Logistics Network Optimization Software 105

Logistics Viewpoints

FEBRUARY 24, 2025

They offer software systems and technology for complex integration, rapid application development, and advanced analytics and sell those solutions to companies that need to accelerate optimized business outcomes. Production, in the short term, needed to flex to meet new opportunities and unexpected constraints.

Supply Chain Planning Software 118

Supply Chain Planning Software Supply Chain Software Scenario Planning Optimal Sourcing 118

GlobalTranz

JULY 28, 2021

Additional opportunities can be reached through transportation optimization whether using a 3PL or 4PL. It's important to understand how transportation optimization can work well with managed transportation service providers to attain that goal. Defining Transportation Optimization.

Optimal Sourcing 126

Optimal Sourcing Optimization Software Optimization Supply Chain Design Software 126

Ship Monk

MARCH 20, 2025

A well-optimized supply chain can help you reduce costs, improve delivery times, and enhance customer satisfaction. This blog post will explore key strategies for streamlining your supply chain from sourcing to delivery. Having multiple sources can mitigate risks and ensure continuity. Why ShipMonk?

Optimal Sourcing 52

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

Logistics Viewpoints

JANUARY 21, 2025

Retain and Utilize Memory: They utilize short-term and long-term memory to learn from user interactions and provide personalized responses, with the ability to share memory across multiple agents in a system to improve consistency. Typically, these systems consist of standard-task agents (e.g., data extractors or image interpreters).

Supply Chain Planning Software 118

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimal Sourcing 118

SYSPRO Smarter ERP

NOVEMBER 21, 2022

One of the biggest uncertainties of inventory management is how much stock to hold to meet changing demand. Keeping the right level of inventory requires a technique called inventory optimization. Inventory optimization. The search for optimal inventory levels is therefore a key objective. The rise of Industry 4.0

Optimal Sourcing 111

Optimal Sourcing Inventory Reduction Inventory ERP 111

The Logistics of Logistics

AUGUST 28, 2023

Her supply chain and traditional G&A consulting background bring a unique perspective to clients who must work across their organizations to drive supply chain initiatives with Procurement, IT, Operations, and the C-suite. At DAT, she has been instrumental in growing the shipper practice.

Supply Chain Planning Software 397

Supply Chain Planning Software Logistics Network Optimization Software Optimization Software Optimal Sourcing 397

TransAudit

MARCH 25, 2025

This trend, known as reshoring , is driving the emergence of regionalized freight networks , optimizing supply chains for efficiency, cost savings, and resilience. By optimizing freight routes, companies can lower transportation expenses while improving efficiency.

Optimal Sourcing 67

Optimal Sourcing Material Savings Cost Reduction Price Reduction 67

Logistics Viewpoints

APRIL 2, 2025

Companies that previously prioritized cost-cutting and centralized sourcing quickly found themselves exposed to serious production and distribution risks. In response, many organizations have shifted toward decentralized and regionalized supply chain models, distributing production and sourcing across multiple regions.

Supply Chain Planning Software 67

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling Software 67

SYSPRO Smarter ERP

AUGUST 1, 2022

However, effectively dealing with these challenges and optimizing a manufacturing business’ processes is challenging without adopting and implementing a Bill of Materials (BOM) to accompany an organization’s ERP system. It identifies constraints in the business processes, providing guaranteed improvements.

Optimal Sourcing 111

Optimal Sourcing Manufacturing Procurement Material Savings Inventory Reduction 111

SYSPRO Smarter ERP

AUGUST 17, 2022

Manufacturers and distributors can optimize their inventory management using some of the latest emerging technologies, including machine learning, data analytics, artificial intelligence, and cloud computing. Using proven inventory management processes, supply chain design, and planning helps optimize your stock.

Optimal Sourcing 105

Optimal Sourcing Optimization Software ERP Inventory Reduction 105

Material Handling and Logistics

OCTOBER 30, 2018

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. However, it is fundamental to empowering procurement success in the modern age.

Optimal Sourcing 166

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 166

SYSPRO Smarter ERP

MAY 30, 2022

Disruptions like the pandemic, supply shortages, global trade barriers, high customer expectations and inflation all add tremendous pressure on the procurement process. Despite this, only 33% of businesses invested in procurement and sourcing technologies. Using ERP to improve purchasing transparency.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 105

Logistics Viewpoints

MARCH 12, 2025

Procurement & Supplier Agreements Traditionally, businesses negotiate procurement contracts manually, issuing purchase orders, invoices, and letters of credit that require human validation. How Smart Contracts Improve Procurement Automated Payments: When a supplier meets predefined conditions (e.g.,

Supply Chain Software 112

Supply Chain Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 112

Logistics Viewpoints

FEBRUARY 4, 2025

Source: mainebiz.biz In today’s rapidly evolving logistics and supply chain sector, warehouses are increasingly turning to innovative technologies to gain a competitive edge. The integration of robotics within warehouse operations has led to significant improvements in productivity, accuracy, and cost savings.

Supply Chain Design Software 106

Supply Chain Design Software Optimization Software Cost Reduction Resource Reduction 106

SIPMM Professional Publications

FEBRUARY 15, 2020

Successful procurement strategy benefits are usually derived from adequate and efficient procurement procedures that achieve cost optimizing that meet user requirement. The post Major Pitfalls for Effective Procurement Practices appeared first on SIPMM INSTITUTE.

Optimal Sourcing 122

Optimal Sourcing Procurement Cost Reduction Optimization Software 122

SYSPRO Smarter ERP

MAY 30, 2022

Disruptions like the pandemic, supply shortages, global trade barriers, high customer expectations and inflation all add tremendous pressure on the procurement process. Despite this, only 33% of businesses invested in procurement and sourcing technologies. Using ERP to improve purchasing transparency.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 98

Log-hub

JANUARY 8, 2025

These tools can transform your supply chain, helping you predict inventory needs, automate repetitive tasks, and optimize delivery routes. Companies that have successfully implemented AI have seen improvements in logistics costs by 15%, inventory levels by 35%, and service levels by 65% compared to competitors. Why it matters?

Optimal Sourcing 40

Optimal Sourcing Waste Reduction Inventory Reduction Resource Reduction 40

WorkWave

MARCH 27, 2025

Why Modern Data Warehouses Are No Longer Optional A centralized data warehouse is becoming an essential solution for businesses looking to scale efficiently and optimize operations. A well-implemented enterprise data warehouse allows for the integration of multiple disparate sources across different operational systems.

Sourcing Strategies 75

Sourcing Strategies Optimal Sourcing Resource Reduction Data 75

Stord

MAY 8, 2024

It's important to partner and select the right technology partners that can take on the role of many disparate systems - this will ensure a less complex architecture and a source of truth. It’s the only way to ensure they meet their specific client requirements and can truly fuel their supply chain as a competitive advantage.

Optimal Sourcing 158

Optimal Sourcing Supply Chain Planning Software Inventory Reduction Optimization Software 158

The Logistics of Logistics

NOVEMBER 10, 2023

Overall, AscendTMS is a reliable and affordable TMS that can help businesses of all sizes improve their profitability and efficiency. Key Takeaways: The Free TMS Free and open-source: AscendTMS is a free and open-source transportation management system (TMS).

Logistics Network Optimization Software 434

Logistics Network Optimization Software Sourcing Strategies Optimal Sourcing Cost Reduction 434

3PL Links

DECEMBER 17, 2024

Image source: iStocks | Top 7 Most Impactful Logistics Trends to Watch in 2025 As another year comes to an end, managers and business owners are dedicating themselves to a crucial stage in the success of any business: evaluating what worked and what can be improved in their operations.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Trends Logistics Network Optimization Software 62

The Logistics of Logistics

MARCH 4, 2024

Andy is the Vice President of Product at MVMNT , a Chicago based TMS firm that is developing technology to meet the needs of smaller brokerages, giving them access to features typically only available to large enterprises. They believe technology should improve the brokerage process, not eliminate the human element.

Supply Chain Design Software 370

Supply Chain Design Software Logistics Network Optimization Software Freight Supply Chain Software 370

SYSPRO Smarter ERP

MAY 23, 2022

Manufacturers are heavily reliant on an effective workflow process to meet the requirements for ever changing customer needs, sustaining productivity levels and to thrive through continuous supply chain disruptions. By incorporating ERP processes like BOM (Bill of Materials), inventory management and tracking materials is improved.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing ERP Optimization Software 105

Log-hub

JANUARY 21, 2025

They help businesses organize and analyze data, leading to better decision-making and improved efficiency. In this blog, we’ll explore how they are used in various aspects of the supply chain, including transportation, inventory management, demand forecasting, and network optimization.

Supply Chain Design Software 52

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

Logistics Viewpoints

JULY 18, 2024

A well-managed supply chain can lead to significant cost savings, improved efficiency, and increased agility in responding to market changes. First, it provides real-time end-to-end visibility, offering a holistic view of the supply chain and enabling businesses to track every aspect of their operations from procurement to delivery.

Supply Chain Planning Software 122

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Scenario Planning 122

AIMMS

JUNE 16, 2020

How are companies leveraging scenario modeling for network design and optimization ? The good news is many of the survey’s respondents recognize the potential of more advanced optimization solutions. Another use case we see for scenario modeling in the current context is evaluating new sourcing locations.

Scenario Planning 144

Scenario Planning Supply Chain Design Software Supply Chain Design Optimization Modeling 144

WorkWave

JANUARY 27, 2025

In the lawn care, pest control, janitorial and security industries, where optimized profitable revenue growth and operational efficiency are paramount, businesses face a critical dilemma: Should they build their own business intelligence (BI) solutions or buy ready-made solutions? Data is the fuel for modern BI and AI systems.

Optimization Software 69

Optimization Software Optimal Sourcing Purchasing Skills Procurement Analytics 69

Shipsta

MAY 27, 2021

Your own data is your best resource for improving your freight procurement strategy. It gives you the most accurate insights into which carriers offer you the best quotes and meet your business needs.

Optimal Sourcing 130

Optimal Sourcing Procurement Resource Reduction Data 130

3PL Links

OCTOBER 15, 2024

Image source: Pexels | Logistics Challenges and How to Overcome Them Let’s break down the most common logistics problems and how you can resolve them to improve your operations. Read Also: How to Optimize Your Stock With Ideal Storage Structures 1. But the good news is, there are proven solutions that can help overcome them.

Inventory Reduction 62

Inventory Reduction Logistics Network Optimization Software Supply Chain Software Expense Reduction 62

Locus

JANUARY 9, 2025

Health-related absenteeism and operational challenges can disrupt output, leaving industries struggling to meet demand. Companies relying on lean inventory models or single-region sourcing are particularly exposed. Diversify Supply Chains Moving away from single-region sourcing reduces vulnerability. Challenges for Businesses 1.

Supply Chain Software 59

Supply Chain Software Optimal Sourcing Sourcing Strategies Supply Chains 59

The Logistics of Logistics

MAY 10, 2023

About Jorge Gonzalez Henrichsen Jorge Gonzalez Henrichsen is Co-CEO of The Nearshore Company, where he helps North American, European, and Asian manufacturing companies to successfully establish reliable manufacturing operations in Mexico, by ensuring quality, certifications, transparency, and continuous improvement.

Manufacturing Procurement 370

Manufacturing Procurement Sourcing Strategies Cost Reduction Supply Chain Design 370

Logistics Viewpoints

NOVEMBER 8, 2022

So, how can organizations tackle the inflationary environment by finding significant cost savings opportunities while improving resiliency? The key to this lies with sourcing. Before diving further, let us define what sourcing is. Sourcing is the practice of finding and selecting suppliers for a range of services (e.g.,

Optimal Sourcing 113

Optimal Sourcing Sourcing Strategies Material Savings Supply Chain Software 113