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

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

Trinity Logistics

NOVEMBER 11, 2022

Many of today’s manufacturing trends are in line with the industry’s goals to improve processes, create more efficiency, and meet consumer demand. Let’s dive into the latest manufacturing trends. WHAT ARE THE LATEST TRENDS IN MANUFACTURING? Now, increasing output isn’t a new trend in manufacturing. DIVERSIFYING WORKFORCE.

Manufacturing Procurement 98

Manufacturing Procurement Trends Supply Chain Software Industry 98

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

Blue Grace Logistics

JULY 27, 2021

We explore how predictive analytics and big data with human sentiments can add value and amplify their supply chain strategies. What this blog is about: Leveraging predictive analytics for forecasting and visibility. It is certainly harder to run an enterprise without forecasts or with incorrect future predictions.

Procurement Analytics 62

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

IoT World Today

MARCH 27, 2020

Bouncing back more quickly, said experts, will require supply chain managers to turn to new ways of managing the supply chain, including using Internet of Things (IoT) data, analytics and machine learning (ML). Bringing Analytics to Supply Chain Management. But 44% of respondents didn’t have a plan to deal with it.

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Procurement Analytics 145

SYSPRO Smarter ERP

MARCH 15, 2023

Manufactures are continuously faced with the challenge of forecasting how much (raw material) to purchase and how much (finished goods) to produce. The misalignment can result in multitude of negative consequences such as high warehousing costs, cash flow difficulties, loss of sales, which can lead to permanent loss of loyal customers.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Analytics Supply Chain Planning Software Procurement Solutions 105

FreightWaves SONAR

MARCH 15, 2021

Supply chain professionals responsible for transportation procurement at Fortune 500 companies focus on three things – budget forecast accuracy, service scores and primary tender acceptance. harder to procure capacity at the benchmark rate per mile ) in both the outbound and inbound directions.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

Logistics Business Magazine

NOVEMBER 24, 2023

Ralf Duester, board member of the Bochum-based SCM software specialist Setlog, shows which trends will be important in 2024. His statements are based not only on discussions with experts from the industry and research, but also on data from Setlog customers who use the SCM tool OSCA. At a glance: The top ten SCM trends in 2024 1.

Supply Chain Planning Software 57

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimization Software 57

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

DECEMBER 8, 2022

Ralf Duester, member of the board of the SCM software specialist Setlog, shows which trends will shape the year 2023. His statements are based not only on numerous conversations with economic experts and scientists, but also on data from Setlog customers who use the SCM tool OSCA. Purchasing and procurement are revamped.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Purchasing Skills 62

GlobalTranz

SEPTEMBER 12, 2016

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. Although procurement logistics might sound like it involves the purchasing of manufactured products , it is much more involved. The Definition of Procurement Logistics.

Manufacturing Procurement 101

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 101

Conger

MARCH 28, 2024

Here are the new trends in technologies that continue to impact fleet management practices: Autonomous vehicles : I am sure you have already seen autonomous vehicles used in military applications or niche logistics. MaaS can lead to cost-minimization of transport services like public transportation, rental, and sharing offerings.

Optimization Software 72

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 72

Logistics Bureau

APRIL 4, 2022

Improved ability to predict and manage trends: After you’ve spent a while working with freight benchmarks, you’ll get a feel for the directions of seasonal rate fluctuations and other pricing trends. Alternatively, you can procure access to a digital freight benchmarking platform. That’s the first question to ask.

Negotiating Skills 83

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

3PL Links

NOVEMBER 12, 2024

Solution: Use data-driven forecasting to predict demand as accurately as possible. By leveraging predictive analytics and a just-in-time (JIT) inventory model, you can maintain optimal stock levels, which reduces storage costs and cuts down on waste from unsold items.

Cost Reduction 62

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

GlobalTranz

APRIL 25, 2016

Sure, supply chain cost reduction is important in reducing the cost of goods sold (COGS) and increasing profit, but there are other measurements which should not be forgotten. 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. 10 Soft Metric Considerations in Measuring Supply Chain Performance.

Procurement Analytics 69

Procurement Analytics Supply Chain Software Supply Chains Optimal Sourcing 69

Blue Grace Logistics

NOVEMBER 1, 2024

As more consumers and businesses move to online platforms for purchases, the shipping industry must adapt to new demands. Automated systems like warehouse and transportation management tools improve load management and route optimization.

Price Reduction 104

Price Reduction Vendor Strategies Supply Chain Planning Software Cost Reduction 104

FreightWaves SONAR

DECEMBER 15, 2020

Start where it all begins – procurement. Procurement remains an oft-overlooked side of a freight spend analysis. All forward and reverse costs should be considered within a comprehensive spend analysis. That’s the only way to understand the real costs of transportation in your enterprise. . Contracted freight trends.

Analysis 59

Analysis Procurement Analytics Optimization Software Optimal Sourcing 59

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 142

Inventory Reduction Supply Chain Planning Software Inventory Waste Reduction 142

LandLink

JANUARY 30, 2020

Without the autonomous hardware that promises to supersede traditional road transportation, they are instead leveraging digital tools to improve the performance of manually executed deliveries and reduce lead times from days to hours, with 24 being today’s bargain-basement service level. How are logistics professional going to keep this pace?

Optimization Software 62

Optimization Software Logistics Network Optimization Software Trends Optimal Sourcing 62

WorkWave

JUNE 17, 2024

In this rapidly evolving landscape, staying up-to-date with digital marketing trends is crucial for businesses to stay competitive and effectively engage with their target audience in the ever-expanding digital space. Newsletters are another great tool for encouraging referrals.

Optimal Sourcing 96

Optimal Sourcing Sourcing Strategies Resource Reduction Optimization Software 96

GlobalTranz

JANUARY 22, 2018

billion in 2018 alone, reports Michael Kotelec of Manufacturing.net , and this will bring a strong, robust boost to efficiency and productivity in manufacturing. Artificial Intelligence Tools Increase in Usefulness and Depth. Adoption of Analytics Will Increase. However, the risk is well worth it.

Manufacturing Procurement 79

Manufacturing Procurement Supply Chain Software Trends Procurement Analytics 79

Logistics Business Magazine

APRIL 24, 2019

Industry analyst Gartner has named its top 8 supply chain technology trends in 2019. The trends, according to Gartner, are: Artificial Intelligence (AI). Advanced Analytics. Advanced analytics are not new, but their impact on today’s supply chains are significant,” said Mr Titze. Robotic Process Automation (RPA).

Supply Chain Planning Software 32

Supply Chain Planning Software Supply Chain Software Supply Chain Technology Logistics Network Optimization Software 32

WorkWave

AUGUST 24, 2022

Some tools are required for the job, and then there are tools you can have that will make your job easier. Every chimney sweep has a wish list, yet there are several essential tools that every professional sweep should have. We have assembled a list of essential tools for all chimney sweeps, some of which are mandatory.

Modeling Software 52

Modeling Software Procurement Solutions Tools Eliminating Excel in Purchasing 52

GlobalTranz

SEPTEMBER 23, 2021

Download the White Paper: Over the Road Freight Management Trends. 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 Focusing on the?

Optimal Sourcing 123

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

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

Ship Monk

AUGUST 30, 2023

According to an ongoing study of 3,036 Shopify stores, the average conversion rate (visits that resulted in purchases) in 2022 was 1.3%. You can also track conversion rates for other actions you want customers to take, such as email signups or social followers, but an ecommerce conversion rate commonly tracks those that result in a purchase.)

eCommerce 52

eCommerce How To Procurement Analytics Purchasing Skills 52

Locus

JUNE 24, 2024

By leveraging cutting-edge optimization algorithms and intuitive workflow automation, Locus equips businesses with the tools necessary to maximize operational efficiency and enhance customer satisfaction. Since Locus has significantly impacted logistics efficiency and sustainability.

Supply Chain Design Software 52

Supply Chain Design Software Optimization Software Logistics Network Optimization Software Supply Chain Planning Software 52

Logistics Viewpoints

AUGUST 28, 2024

AI and machine learning tools identify patterns, predict issues, and suggest ways to optimize operations. Overall, AI ensures that DPPs are not just a fixed record but an active tool for improving performance. Having a well-documented DPP also makes it easier to report to regulators and stakeholders.

Optimal Sourcing 151

Optimal Sourcing Optimization Software Supply Chain Software Optimization Modeling 151

Locus

AUGUST 2, 2022

The report listed last-mile delivery solutions under the Slope of Enlightenment curve. As a result, expectations around delivery times and the post-purchase experience have risen significantly. The platform has five key modules: Order Management, Dispatch Planning, Hybrid Fleet Management, Track and Trace, and Insights and Analytics.

Gartner 52

Gartner Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 52

SYSPRO Smarter ERP

AUGUST 28, 2024

Manages the full product life cycle ERP systems with integrated tools for Product Lifecycle Management stand out when it comes to choosing ERP software for manufacturers. ERP software for manufacturers which incorporates professional BI tools is able to filter, evaluate and process collected data.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Optimization Software Supply Chain Design Software 52

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 166

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 166

GlobalTranz

DECEMBER 7, 2015

As we close the year of 2015, we want to take a look at some manufacturing trends for 2016. Manufacturing Business Technology recently wrote the 5 e-commerce trends for 2016 for manufacturers to look at that include: Manufacturers will seek to increase their share of aftermarket parts sales. E-Commerce for Manufacturing.

Manufacturing Procurement 81

Manufacturing Procurement Trends Supply Chain Design Software Supply Chain Planning Software 81

IoT World Today

NOVEMBER 11, 2019

Without much fanfare, RPA tools are beginning to appear in key IoT areas such as asset tracking and fleet management, and increasing customer demands for real-time monitoring of inventory and just-in-time deliveries point to further growth. RPA’s goal is to take on human tasks associated with modern digital transformations. But, AI is coming.

Supply Chain Software 67

Supply Chain Software Logistics Network Optimization Software Procurement Solutions Tools 67

GlobalTranz

JANUARY 4, 2016

As we head into a new year it is a good time to take a look at the coming year and see what it may hold in the way of trends. We kick off today a month-long focus on trends in the following categories: Manufacturing, Manufacturing Technology, Supply Chain, Logistics, and Transportation Management. Do you have the right people in place?

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 91

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

WorkWave

MAY 30, 2024

Performance management involves monitoring and evaluating suppliers’ performance against defined metrics and goals. Monitor performance: Regularly evaluate supplier performance against established metrics and key performance indicators. Collaboration plays a crucial role in the success of SRM.

Negotiate Pricing 52

Negotiate Pricing Vendor Strategies Negotiating Skills Material Savings 52