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

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

TransAudit

JULY 6, 2023

Machine learning, at its core, is a technology that allows systems to learn from experience, improve predictions, recommendations, and decisions over time. It advances digitization efforts, facilitates data cleaning, and streamlines supply chain planning, procurement, and execution.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 52

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. Agile practices optimize inventory management , promoting cost efficiency and lean inventories.

Optimal Sourcing 158

Optimal Sourcing Supply Chain Planning Software Inventory Reduction Optimization Software 158

FreightWaves SONAR

MAY 7, 2024

For shippers, the approach to transportation procurement is evolving. Traditionally, shipping companies have relied on manual tools and processes, predominantly managing their requests for proposals (RFPs) and bids using simple spreadsheets.

Optimal Sourcing 64

Optimal Sourcing Optimization Software Supply Chain Software Procurement 64

CLX Logistics

FEBRUARY 22, 2024

Procurement management stands at the crossroads of technological innovation and strategic decision-making. As organizations strive to enhance operational efficiency, mitigate risks, and capitalize on emerging opportunities, the role of Artificial Intelligence (AI) and Machine Learning (ML) in procurement has become increasingly prominent.

Optimal Sourcing 52

Optimal Sourcing Procurement Negotiating Skills Supply Chain Software 52

Logistics Viewpoints

APRIL 29, 2021

Many companies are achieving this transformation by adopting modular, elastic DC technologies – including AI and robotics – that provide continuous warehouse optimization without replacing their current monolithic and static warehouse systems. Optimization software can also be a “soft” alternative to investing in more steel (i.e.,

Optimal Sourcing 90

Optimal Sourcing Optimization Software Supply Chain Design Software Supply Chain Planning Software 90

SYSPRO Smarter ERP

DECEMBER 18, 2023

Manufacturers already understand that digital technologies are transforming the way the industry operates, particularly in improving efficiencies and driving higher levels of business performance. With the fully automated collection of data, MOM helps drive lean manufacturing and continuous improvement programmes.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Optimization Software Optimization Modeling 52

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

FEBRUARY 20, 2024

Supply chain network design (SCND) is a powerful tool for improving business operations. Optimization and simulation are the two main branches of SCND. Optimization accounts for over 90% of all work that is being done by SCND teams. It can be used to solve a wide variety of supply chain problems. But it has gaps.

Supply Chain Design Software 136

Supply Chain Design Software Sourcing Strategies Supply Chain Design Inventory Reduction 136

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

EazyStock

APRIL 28, 2022

What does supply chain optimization mean? Put simply, supply chain optimization means using technology to get inventory to the right place at the right time – at the lowest cost and highest profit for your business. Supply chain optimization best practice. Increase technology to improve forecast accuracy.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Optimization Software 52

EazyStock

APRIL 28, 2022

What does supply chain optimization mean? Put simply, supply chain optimization means using technology to get inventory to the right place at the right time – at the lowest cost and highest profit for your business. Supply chain optimization best practice. Increase technology to improve forecast accuracy.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Optimization Software 52

Morai Logistics

APRIL 4, 2019

In response to growing demands, experts consider cloud logistics as an optmization tool for the transportation supply chain industry in 2019. Technology is the source of continuous global economic and social change. Connected logistics not only drives revenue, but it also improves the way processes are managed. Forward Thinking.

Optimal Sourcing 60

Optimal Sourcing Optimization Software Supply Chain Software Logistics Network Optimization Software 60

Blue Grace Logistics

JUNE 10, 2021

What’s covered in this article: Benefits of freight optimization technologies. Freight optimization technologies have increased in relevance, as they could help improve the health of a business by reducing costs and increasing sales. Drivers also benefit from optimization. Driver safety. AI and automation.

Optimal Sourcing 62

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Software 62

Ship Monk

JUNE 14, 2023

An ecommerce store owner is expected to master everything from sourcing materials to manufacturing and procurement, to fulfillment and shipping orders to customers. The inbound supply chain encompasses all the steps that go into manufacturing and/or procuring the goods and readying them for sale.

Optimal Sourcing 52

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

Locus

JUNE 2, 2023

The main objectives of inbound logistics are to ensure timely and efficient delivery of materials to support production processes, optimize inventory levels, minimize costs associated with transportation and storage, and maintain good relationships with suppliers. Focus Procurement, receiving, storage, and inventory management.

Optimal Sourcing 52

Optimal Sourcing Outbound Optimization Software Inbound 52

CLX Logistics

JUNE 27, 2023

This streamlined approach ensures quicker issue resolution, enhanced troubleshooting, superior rate negotiations, and improved customer satisfaction. By leveraging advanced technology and systems, CLX enhances transparency and enables real-time updates for improved logistics management.

Optimal Sourcing 52

Optimal Sourcing Negotiating Skills Optimization Software Logistics Network Optimization Software 52

CLX Logistics

AUGUST 17, 2022

A transportation management system is a logistics technology platform that helps manufacturers, distributors, 3PLs, and any participant in the supply chain system plan, execute, and optimize the transportation of incoming and outgoing goods and ensure shipments are compliant and properly documented.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Supply Chain Planning Software Logistics Network Optimization Software 52

Log-hub

MARCH 6, 2024

Log-hub, a Swiss-based technology company, is pioneering this shift with sophisticated mathematical optimization models designed to seamlessly integrate electric vehicles (EVs) into the supply chain. Log-hub’s route optimization takes these factors into account, ensuring a balanced approach to cost, efficiency, and sustainability.

Optimal Sourcing 40

Optimal Sourcing Sourcing Strategies Cost Reduction Resource Reduction 40

Log-hub

MARCH 6, 2024

Log-hub, a Swiss-based technology company, is pioneering this shift with sophisticated mathematical optimization models designed to seamlessly integrate electric vehicles (EVs) into the supply chain. Log-hub’s route optimization takes these factors into account, ensuring a balanced approach to cost, efficiency, and sustainability.

Optimal Sourcing 40

Optimal Sourcing Sourcing Strategies Cost Reduction Resource Reduction 40

Talking Logistics

MARCH 27, 2018

Adding a Transportation Management System (TMS) with support for all modes and powerful optimization tools can be a great game plan to help shippers continue to gain efficiencies, reduce costs, and improve service to customers. First Four” Plays to Optimize Your Supply Chains. Create plans using many routing options.

Optimal Sourcing 60

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Software 60

3PL Links

SEPTEMBER 19, 2023

6 Unheard Tips to Optimize Reverse Logistics in Your Business | Image source: Pexels Any company that wishes to provide better service for exchanging or returning goods, or that wants to lower the proportion of goods that are returned following failed delivery attempts, must have a solid reverse logistics plan.

Optimal Sourcing 48

Optimal Sourcing Reverse logistics Optimization Software Optimization 48

CLX Logistics

NOVEMBER 21, 2023

When looking ahead to the future, it’s crucial to reflect on the past year, identify emerging trends, and strengthen strategies for benchmarking and procurement. While profitability remained elusive, improvements were seen in emerging and long-standing carriers as the year progressed. They demand results, and rightly so.

Optimal Sourcing 85

Optimal Sourcing Manufacturing Procurement Procurement Cost Reduction 85

Blue Grace Logistics

MARCH 26, 2024

What strategies can businesses employ to optimize these costs, enabling them to streamline operations and enhance efficiency? By analyzing historical trends, demand patterns, and performance metrics, businesses can make informed decisions to optimize inventory levels, minimize excess stock, and enhance resource utilization.

Negotiating Skills 97

Negotiating Skills Cost Reduction Waste Reduction Inventory Reduction 97

ShipLilly

JUNE 23, 2021

As a consequence, NVOCCs, logistics service providers, warehouse operators, and freight forwarders can improve their operations in terms of service quality, efficiency, and pace. Those that have embraced artificial intelligence have reported reduced costs, improved productivity, and more controllable margins or error.

Optimal Sourcing 87

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 87

AIMMS

JANUARY 24, 2019

Today, the steel manufacturing leader has an ambitious digital transformation agenda and is leveraging AIMMS technology to optimize operations in its home country. Your team is currently using AIMMS for a supply chain optimization project. With the output from AIMMS models, we can improve our decision- making process.

Optimal Sourcing 116

Optimal Sourcing Supply Chain Software Optimization Software Supply Chain Planning Software 116

Logistics Viewpoints

MAY 22, 2023

If you have been through this process at least once, you already have a good idea of what supply chain design is about: optimization. When most people hear the word “optimization,” they immediately think about minimizing costs. But optimization is much more than that! Let’s continue with this analogy.

Supply Chain Design Software 107

Supply Chain Design Software Supply Chain Design Supply Chain Software Modeling Software 107

Logistics Viewpoints

APRIL 6, 2023

Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services.

Optimal Sourcing 121

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Procurement Analytics 121

Chronicled

FEBRUARY 23, 2023

Photo by Scott Graham on Unsplash Gross-to-net (GTN) optimization, or, the process of optimizing the difference between gross sales (i.e., This can help to eliminate issues related to data inaccuracies, which can be a major source of revenue leakage. the revenue generated by selling pharmaceutical products) and net sales (i.e.,

Optimal Sourcing 52

Optimal Sourcing Optimization Software Manufacturing Procurement Price Reduction 52

Locus

FEBRUARY 22, 2022

Here are some of the ways Locus’ AI-powered OMS solution can help optimize the last mile: Efficient planning and execution: With the help of AI-driven logistics planning , brands can manage their delivery operations with ease. The post Locus’ Guide to Optimal Last-Mile Order Management System appeared first on Locus Blog.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Software 52

Cyzerg

OCTOBER 3, 2023

From implementing the just-in-case (JIC) approach to leveraging data analytics for accurate demand forecasting , we will uncover the best practices for maintaining optimal stock levels. Read on to discover the tools and strategies you need to prevent and manage inventory shortages effectively. Don't let stockouts derail your success.

Inventory Reduction 195

Inventory Reduction Inventory Optimal Sourcing Sourcing Strategies 195

The Logistics of Logistics

MAY 26, 2023

Committed to environmental and social responsibility, ALOM manages the physical supply chain from procurement, inventory management, contract assembly, digital media and print, to omni-channel fulfillment and returns.

Supply Chain Design Software 310

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Outsourcing 310

The Logistics of Logistics

AUGUST 28, 2023

She brings almost 20 years of supply chain and benchmarking experience to DAT, where she is focused on providing actionable insights to shippers through DAT’s Benchmark Analytics and Rateview benchmarking tools. The platform offers a wide range of features and tools to help shippers find available carriers and carriers find available loads.

Supply Chain Planning Software 362

Supply Chain Planning Software Logistics Network Optimization Software Optimization Software Optimal Sourcing 362

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 122

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 122