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

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

Logistics Viewpoints

JUNE 29, 2023

It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, and mitigate risks. From natural disasters to geopolitical tensions and the ongoing COVID-19 pandemic, supply chains have been significantly impacted.

Manufacturing Procurement 104

Manufacturing Procurement Procurement Analytics Inventory Reduction Material Savings 104

WorkWave

JANUARY 27, 2025

This decision is more than just technical; its strategic, involving cost, agility and long-term value considerations. The Agile Nature of Business Intelligence BI analytic solutions require an iterative, agile approach. The maintenance and updates are managed by the vendor, reducing operational costs.

Optimization Software 69

Optimization Software Optimal Sourcing Procurement Analytics Purchasing Skills 69

Logistics Viewpoints

DECEMBER 18, 2024

The logistics and supply chain industry is a critical component of global trade, responsible for moving goods and materials efficiently to meet consumer and business demands. Predictive analytics helps logistics companies anticipate disruptions and adapt proactively.

Supply Chain Design Software 102

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Software 102

Logistics Bureau

DECEMBER 28, 2024

This means developing supplier evaluation frameworks that include carbon metrics, working together on joint emission reduction projects, and incentivising suppliers to meet or beat carbon targets. Many have achieved 40-60% reduction in warehouse energy consumption through these measures.

Resource Reduction 75

Resource Reduction Material Savings Supply Chain Design Software Supply Chain Planning Software 75

United World Transporation

JUNE 25, 2020

According to industry experts, fuel purchases can account for approximately 25% of a trucking company’s operating expenses. So, any opportunities to increase fuel efficiency and save money are valued in the industry, and fuel purchase routing is a commonly used strategy by many long-haul truck drivers. What is fuel purchase routing?

Procurement Solutions 98

Procurement Solutions Purchasing Skills Procurement Analytics Purchasing 98

MTS Logistics

APRIL 6, 2022

In the midst of supply chain issues, grocery giant Lidl has indicated that it will be purchasing container ships. The problem was exacerbated by the Covid pandemic, which led to a decrease in the number of container ships operating as we have extensively reported. It recently registered a trademark for its own ocean shipping line.

Procurement Analytics 98

Procurement Analytics Purchasing Skills Procurement Solutions Purchasing 98

Ship Monk

MARCH 7, 2025

This organic discovery, combined with the ability to purchase directly within the app, creates a frictionless experience that drives conversions. Customers buy directly in-app with no friction: This seamless purchase experience boosts conversions. It’s a perfect storm for ecommerce success. Happy customers = repeat customers.

Inventory Reduction 100

Inventory Reduction Eliminating Excel in Purchasing Procurement Analytics Procurement Solutions 100

The Logistics of Logistics

AUGUST 29, 2019

I was involved with the procurement of equipment and materials. For example, all the hospitals that got supported with tens of thousands of purchase orders that Aramco was handling. The volume of purchase orders declined to where Aramco was no longer the market maker. [13:34] The expected metrics were part of the contract.

Procurement Analytics 170

Procurement Analytics Purchasing Skills Logistics Network Optimization Software Supply Chain Planning Software 170

Logistics Viewpoints

NOVEMBER 19, 2024

When shoppers were asked what would put them off making more ecommerce purchases in the future, 21% indicated they’d had negative delivery experiences, 20% said deliveries were not reliable, and 17% were dissatisfied with the delivery process. Plus, with the ongoing labor shortage, finding seasonal staff is increasingly difficult.

Cost Reduction 84

Cost Reduction Resource Reduction Price Reduction Vendor Strategies 84

Logistics Bureau

DECEMBER 22, 2024

Once a given KPI shows that performance consistently meets or exceeds the required level, you can raise the bar and set a higher target. Unlike most of the KPIs we recommend, perfect order is a composite of several elementary metrics. For this reason, KPIs are essential for any business improvement strategy. What about DIFOT?

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

Logistics Viewpoints

JULY 17, 2024

Jeff Erwin, VP of manufacturing at G&J Pepsi-Cola Bottlers , has been helping to accelerate the digital transformation while aligning with the company’s goals and mission to improve its operational efficiency and meet customer requirements and regulatory compliance challenges by tracking and measuring performance.

Digital 122

Digital Procurement Analytics Manufacturing Procurement Modeling Software 122

SYSPRO Smarter ERP

OCTOBER 9, 2023

Therefore, companies should have a system to collect and consolidate the data for reporting and analysis. Understanding material costing requires information about procurement activities and how long materials linger in inventory before they are used to generate revenue.

Manufacturing Procurement 111

Manufacturing Procurement Purchasing Skills Cost Reduction Optimal Sourcing 111

Trinity Logistics

MARCH 18, 2025

However, the expectation heading into 2025 was that any relief on rates would not be seen until the second half of the year as typically those who make the decisions take a bit of a wait-and-see approach as there were several new players on the committee in their first meeting. Another area in the news relates to home purchasing.

Manufacturing Procurement 62

Manufacturing Procurement Freight Procurement Analytics Purchasing Skills 62

Logistics Viewpoints

DECEMBER 15, 2022

There is so much data, and to make use of it, we need to use data mining and analytics to drive meaningful insights that can be put to some good use. ABC analysis creates product segments by grouping products with similar sales volume or purchase frequency to enable category managers to focus on what matters most.

Optimal Sourcing 102

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 102

Logistics Viewpoints

APRIL 14, 2022

Experts from North Carolina State University and GEP conducted a survey on supply chain, procurement and IT leaders to determine their challenges and priorities, focusing on examining gaps in the supply chain. The study found that these leaders considered the largest gap to be between supply chain and procurement, citing it as a major issue.

Supply Chain Planning Software 110

Supply Chain Planning Software Supply Chain Software Collaboration Supply Chains 110

GlobalTranz

SEPTEMBER 23, 2021

Fewer labor resources are available to meet the rising demand in both the warehouse and in transit. ? A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. A stimulus on the horizon further increases the risks of a higher trend in consumer purchasing. transportation metrics ?that

Optimal Sourcing 123

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Negotiating Skills 123

WorkWave

JUNE 6, 2024

A fleet fuel card is specifically designed for businesses managing multiple vehicles, offering detailed expense tracking, customizable spending controls, and comprehensive reporting on fuel and maintenance expenses. Here are some of the benefits: Convenience: Fuel cards provide a convenient payment method for purchasing fuel.

Procurement Solutions 105

Procurement Solutions Expense Reduction Procurement Analytics Purchasing Skills 105

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. Managers should be able to analyze the costs of customized orders to identify where improvements can be made in labor hours worked, and other areas where costs can be lowered, such as reducing waste.

Manufacturing Procurement 111

Manufacturing Procurement ERP Procurement Solutions Optimal Sourcing 111

Material Handling and Logistics

SEPTEMBER 27, 2018

Shippers can leverage their negotiated rates from their existing carrier relationships, and compare the full depth of market pricing across the spot bidding marketplace to find the best rates for the best service or to find extra capacity to meet excess demand. Get more rates by connecting with more carriers.

Supply Chain Software 161

Supply Chain Software Optimization Software Purchasing Skills Negotiating Skills 161

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. In industries like food and beverage, procurement must factor in shelf life and regulatory compliance, which adds more complexity.

Optimal Sourcing 105

Optimal Sourcing Optimization Software ERP Inventory Reduction 105

Logistics Business Magazine

OCTOBER 23, 2024

Fast and free shipping has become a cornerstone of success in e-commerce with 75% of consumers prioritizing it when making purchasing decisions. Offering this service presents significant challenges, however, from rising operational costs to balancing customer expectations with profitability.

Cost Reduction 55

Cost Reduction Price Reduction Expense Reduction Resource Reduction 55

Overdrive Online

JULY 30, 2021

Here's how he did it, utilizing a combination of owner-ops leased on and purchased equipment, after years with just a single truck. Much of it was predicated on meeting customer demand for transport. Also: SuperRigs report on-site in Illinois.

Procurement Analytics 96

Procurement Analytics Operations Purchasing Meeting 96

Ship Monk

APRIL 5, 2024

The fact is, most business owners think of procurement as nothing more than a transactional relationship. Establish KPIs to track the quality of a vendor’s products and service, in addition to quantitative metrics such as timely deliveries, cost savings, and order accuracy. Regular meetings or reports?

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 105

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. The First Step: Bring all the data together and ensure analytics and planning can happen on the same platform. . Accurate and timely reconciliation of purchase orders with receipts.

Supply Chain Planning Software 111

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 111

SYSPRO Smarter ERP

NOVEMBER 1, 2021

We live in a time where we can purchase almost anything with a click of a button. A B2B e-commerce strategy is therefore becoming increasingly necessary for manufacturing businesses that want to better sell their products or procure the necessary components for manufacturing them. Transitioning to B2B e-Commerce.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Inventory Reduction 111

FreightWaves SONAR

FEBRUARY 11, 2021

As reported by DC Velocity , “the 2020 Fleet Advantage Industry Benchmark Survey noted, “11% of transportation fleets estimate they have saved more than $1 million in crash avoidance by upgrading to newer trucks with advanced safety features.” Financial insight feeds into equipment purchasing decisions. Request a SONAR Demo.

Procurement Analytics 98

Procurement Analytics Trucking Optimization Software Operations 98

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. They are more likely to shop for discounts and sales and may delay purchases of some items.

Supply Chain Planning Software 106

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 106

Trinity Logistics

AUGUST 3, 2021

Having a TMS for your supply chain can help provide your company with greater visibility, better reporting, and improved performance through automating many manual processes. There’s a big difference between purchasing software to use from a company and working with a 3PL that offers it as a solution. We understand.

Supply Chain Design Software 139

Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software Procurement Solutions 139

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Why Choose a Job in the Supply Chain Industry?

Supply Chain Planning Software 98

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

Ship Monk

APRIL 23, 2024

The UN World Commission on Environment and Development defines sustainability as “development that meets the needs of the present without compromising the ability of future generations to meet their own needs.” These metrics are counted as metric tons of CO2 equivalent (MT CO2e or CO2-eq). What Does Sustainability Mean?

Waste Reduction 104

Waste Reduction Inventory Reduction Resource Reduction Cost Reduction 104

SYSPRO Smarter ERP

JANUARY 13, 2025

A single, integrated system built for the specialized needs of the food and beverage industry enables manufacturers to effectively manage areas such as quality control , compliance, traceability, purchasing, inventory management , warehouse operations, sales and financials.

Optimization Software 52

Optimization Software Manufacturing Procurement Supply Chain Planning Software Modeling Software 52

Logistics Bureau

OCTOBER 26, 2020

As legislation focuses ever more heavily on environmental protection though, and consumers increasingly consider sustainability in their purchasing decisions, all supply chain organisations will need to find the way forward. Meanwhile, Big Data analytics, AI, and machine learning can have a significant impact on supply chains.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 98

FreightWaves SONAR

DECEMBER 1, 2020

As reported by Brian Barry of Multichannel Merchant , it is simple: “Don’t try to write and enforce the ideal policy in one step. Tracking the total volume of inbound and outbound freight, not to mention its contingent factors through these metrics, adds value by enabling proactive transportation management. On-time deliveries.

Purchasing Skills 100

Purchasing Skills Freight Procurement Analytics Optimal Sourcing 100

Logistics Viewpoints

OCTOBER 19, 2023

As supply chains have grown in complexity and length, siloed thinking and processes are no longer able to meet this objective. Even if this retailer had used AI to forecast my purchase, AI that creates a perfect plan but fails to execute it only results in a highly-efficient silo, as Northeastern University professor Nada Sanders says.

Supply Chain Planning Software 119

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 119

Logistics Viewpoints

NOVEMBER 6, 2023

Suppliers are facing increasing pressure from the buyers of their goods and services to report their environmental, social, and governance data. Increasingly, companies will take sustainability criteria into account in their purchasing decisions. The data, which is reported on the EcoVadis platform, highlights the supplier’s emissions.

Supply Chain Planning Software 92

Supply Chain Planning Software Resource Reduction Procurement Analytics Material Savings 92