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

NOVEMBER 18, 2024

Automotive distributors play a vital role in the automotive supply chain by procuring parts, warehousing them, and then supplying them to OEMs (original equipment manufacturer), retailers or end consumers. Automation of the receipt inspection process makes sure that the quantity and type of items received match the purchase order.

ERP 98

ERP Optimal Sourcing Purchasing Skills Manufacturing Procurement 98

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

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. Smarter Decision-Making with Data LTL carriers are using data analytics to make more informed decisions. Predictive data helps them better plan for demand spikes, like those during Black Friday or Cyber Monday.

Price Reduction 118

Price Reduction Vendor Strategies Supply Chain Planning Software Cost Reduction 118

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 118

Manufacturing Procurement Trends Supply Chain Software Industry 118

Trinity Logistics

NOVEMBER 13, 2023

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? Diversifying the workforce is a trend that goes in hand with employee recruiting.

Manufacturing Procurement 118

Manufacturing Procurement Supply Chain Software Trends Supply Chain Planning Software 118

WorkWave

APRIL 23, 2025

Thats where smart analytics will make the difference. 5 Ways Campaign Analytics Transforms Print Marketing Results 1. A tree care company implementing this approach might discover that their top three deciles representing just 30% of their customer base account for 70% of premium service purchases.

Procurement Analytics 40

Procurement Analytics Optimal Sourcing Industry Material Savings 40

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

JULY 18, 2024

Today we’re going to look at some of the consumer trends that might affect your preparations for peak season 2024, and strategies to maximize them. 2024 Consumer Trends Early this year, HubSpot released its 2024 Consumer Trends Report. Trend #3 More than half of consumers are being more careful with spending.

Inventory Reduction 111

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 111

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 110

Manufacturing Procurement Procurement Analytics Inventory Reduction Material Savings 110

Ship Monk

NOVEMBER 30, 2023

They’re called metrics, a set of constantly changing numbers and percentages that tell you how you’re doing from one day to the next. There are dozens of metrics you could track, but some are so important you should check them frequently. These are the metrics you want on your dashboard. What is a Metric? What is a KPI?

Procurement Analytics 64

Procurement Analytics eCommerce Procurement Solutions Manufacturing Procurement 64

Logistics Viewpoints

MARCH 27, 2025

A disruption at any point in the global logistics network including the average of 12 touch points from shipment packaging to final delivery can prove disastrous for profits, service levels, customer loyalty, and other key metrics. With the global e-commerce market predicted to reach $8.1 billion to $23.07

Supply Chain Planning Software 133

Supply Chain Planning Software Optimization Software Supply Chain Software Logistics Network Optimization Software 133

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 110

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 110

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

Now, That's Logistics

MARCH 23, 2022

Using a combination of advanced technology and the strength of its experienced team, the logistics provider helps companies quickly and accurately pinpoint purchase order (PO) status, shipment status, projected arrival dates and other metrics that help those companies better serve their own customers.

Negotiating Skills 148

Negotiating Skills Purchasing Skills Trends How To 148

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. Here are a few of the trends we think are going to be big in 2024. For the first time, mobile purchases have overtaken desktop purchases. Mobile Takes the Lead Of the $9.8

eCommerce 105

eCommerce Trends Optimization Software Supply Chain Software 105

Ottawa Logistics

APRIL 8, 2025

Sustainable Fulfillment Practices Modern consumers increasingly value environmental responsibility in their purchasing decisions. By implementing these organizational strategies, Ottawa Logistics enhances workflow efficiency, reduces errors, and maintains a safe working environment.

eCommerce 113

eCommerce Inventory Reduction Optimization Software Cost Reduction 113

Ship Monk

MARCH 7, 2025

TikTok Shop isn’t just a trend; it’s a revolution in ecommerce. Customers are discovering products through engaging videos, often driven by viral trends and influencer recommendations. Customers buy directly in-app with no friction: This seamless purchase experience boosts conversions. ” deliveries.

Inventory Reduction 104

Inventory Reduction Eliminating Excel in Purchasing Procurement Analytics Procurement Solutions 104

MTS Logistics

MARCH 17, 2023

As consumers become more aware of the impact of their purchasing decisions on the environment, businesses are under increasing pressure to reduce their carbon footprint and adopt more sustainable practices. The post Sustainability and Environmental Trends in the Logistics Industry appeared first on More Than Shipping.

Optimal Sourcing 105

Optimal Sourcing Supply Chain Software Logistics Network Optimization Software Trends 105

Logistics Bureau

DECEMBER 22, 2024

Unlike most of the KPIs we recommend, perfect order is a composite of several elementary metrics. Perfect order results can help you assess performance and diagnose issues impacting service, costs, and overall supply chain effectiveness. What about DIFOT?

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

FLS Transport

MARCH 3, 2021

The hottest stories in freight can be found here, in the Weekly Freight Report: 1. We’ve covered the clogged-up ports, elevated freight costs, shipping container shortages, and back-to-back ocean accidents for weeks… Now corporations are reporting losses in the millions as they prepare to close out Q1.

Procurement Analytics 96

Procurement Analytics Freight Purchasing Skills After-sales 96

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

Logistics Viewpoints

JULY 17, 2024

G&J Pepsi-Cola Bottlers began its journey in 1925 when two women in Cincinnati, along with their partners, purchased the New York Mineral Water company. These metrics are crucial in understanding, analyzing, and improving the efficiency and reliability of manufacturing equipment. Both factors affect MTBF and MTTR metrics.

Digital 126

Digital Procurement Analytics Manufacturing Procurement Modeling Software 126

SIPMM Professional Publications

JULY 28, 2020

The landscape of maritime is shifting with the trends that are emerging do so out necessarily. Smart shipping, shipbuilding, big data, propulsion, advanced materials and analytics, sensors, robotics and communications in conjunction are all having monumental shifts in maritime industry are approaching new challenges and opportunities.

Maritime 109

Maritime Logistics Network Optimization Software Security Procurement Analytics 109

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 105

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 105

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

SYSPRO Smarter ERP

OCTOBER 6, 2021

The common themes around manufacturing trends point to these changes. Shift to a service-oriented business model. As I explained in a previous blog , this is a business model where manufacturers have ongoing responsibility for the equipment after it is sold. The 4th generation manufacturing environment. The digital factory.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Modeling Software 111

Logistics Viewpoints

MAY 13, 2024

This technology allows businesses to unify their procurement, expense management, invoicing, payments, sourcing, contract management, and spend analysis processes and reporting. This solution provides for purchase order collaboration. But it took several months for Turner to realize just how much foresight the company had shown.

Procurement Solutions 119

Procurement Solutions Modeling Software Procurement Analytics Logistics Network Optimization Software 119

Logistics Viewpoints

JANUARY 3, 2022

The devices are surprisingly inexpensive, costing $350-500 per vehicle per year depending upon the volume of devices purchased. These kinds of solutions have been available for a few years and customers report robust reductions in safety incidents. Finally, there are also cost issues. The customer would then pay $0.35

Trucking 128

Trucking Trends Modeling Software Logistics Network Optimization Software 128

FreightWaves SONAR

APRIL 2, 2021

Spot freight provides a short-term way to source capacity and boost procurement outside of contracted rates whether TL or LTL. Consider this; as reported by Louis Columbus of Forbes , “Machine learning algorithms and the apps running them are capable of analyzing large, diverse data sets fast, improving demand forecasting accuracy.”

Purchasing Skills 98

Purchasing Skills Optimal Sourcing Sourcing Data 98

Trinity Logistics

APRIL 18, 2025

This is concerning when you look at the trend over the last three months regarding consumer revolving credit. Some have pointed to the credit card revolving debt as a sign of the economys strength.That may have been a valid argument in January, when we saw a six percent YoY gain.But the recent report shows an annualized bump of only 0.1

Freight 62

Freight Procurement Analytics Purchasing Skills Manufacturing Procurement 62

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. 3: Choose Your Comparisons Carefully.

Negotiating Skills 96

Negotiating Skills Logistics Network Optimization Software Purchasing Skills Supply Chain Planning Software 96

Material Handling and Logistics

MAY 2, 2018

billion metric tons—gets lost or wasted. What’s more, net food losses in developed countries (222 million metric tons) equate to nearly all of the food produced in Sub-Saharan Africa yearly (223 million metric tons). Every year, one third of the food produced in the world for human consumption—or 1.3 Printer-friendly version.

Waste Reduction 137

Waste Reduction Waste Procurement Analytics Food and Agriculture 137

Logistics Bureau

JANUARY 20, 2025

When stock reaches a certain threshold the system automatically triggers purchase orders to suppliers. Predictive Analytics and Demand Forecasting – Modern supply chain systems analyse historical data, market trends and even weather patterns to predict future demand.

Supply Chain Software 75

Supply Chain Software Supply Chain Design Software Supply Chain Design Supply Chains 75

Stord

APRIL 16, 2025

A study by Edelman found that 81% of consumers need to trust a brand before making a purchase. A McKinsey report highlighted that 70% of customer journeys are impacted by poor communication between teams. Each fulfillment node should reflect the purchasing behaviors, climate, and lifestyle of the surrounding customer base.

Inventory Reduction 78

Inventory Reduction Cost Reduction Purchasing Skills Price Reduction 78

Material Handling and Logistics

JANUARY 10, 2018

A look at the supply chain trends and technology that will come into play in 2018. While predicting the future is never an easy task, in order to be competitive all businesses need to be able to accurately anticipate what trends will affect them in the coming year. Predictive analytics will alter the future of the supply chain.

Supply Chain Design Software 144

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 144

Material Handling and Logistics

OCTOBER 11, 2018

billion, according to a report from the National Retail Federation. billion on costumes (purchased by 68% of Halloween shoppers), $2.7 Pet costumes continue to gain popularity, with nearly 20% of celebrants planning to dress their pets in costumes this year, up from last year’s 16%, the federation reports.

Procurement Analytics 130

Procurement Analytics Scenario Planning Survey Study 130