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 88

eCommerce Trends Optimization Software Optimal Sourcing 88

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 105

Manufacturing Procurement Trends Supply Chain Software Industry 105

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 126

Procurement Solutions Modeling Software Procurement Analytics Logistics Network Optimization Software 126

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

Logistics Business Magazine

NOVEMBER 24, 2023

Things are changing in supply chain management: while cost-cutting has been at the top of the agenda for many executives for years, in future they will be increasingly concerned with the shortage of skilled workers, sustainability and resilience. At a glance: The top ten SCM trends in 2024 1. Skilled labour shortage forces action 2.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimization Software 60

Supply Chain Brain

MAY 31, 2023

TradeBeyond’s quarterly Retail Sourcing Report provides a comprehensive examination of the current state of global retail sourcing to help supply chain leaders better understand macroeconomic trends and make more informed purchasing decisions.

Purchasing Skills 52

Purchasing Skills Sourcing Procurement Analytics Purchasing 52

3PL Links

JANUARY 14, 2024

The Main Supply Chain Trends for 2024 | Image source: Flickr.com The supply chain will have a difficult time adjusting to a world that is changing rapidly in 2024. Digitization and advanced technologies In many businesses, the purchasing process is already digital, and in 2024, this trend is just going to get stronger.

Supply Chain Software 48

Supply Chain Software Supply Chain Planning Software Supply Chains Trends 48

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

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

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

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 116

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 116

GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. The State of Supply Chain 2016 Trends. A 2016 Accenture survey, reports RF Gen , explained how more companies are taking advantage of AI benefits through linked supply chains.

Manufacturing Procurement 65

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 65

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 79

Optimal Sourcing Supply Chain Software Waste Reduction Logistics Network Optimization Software 79

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 73

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 73

FreightWaves SONAR

APRIL 16, 2024

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 52

Purchasing Skills Optimal Sourcing Sourcing Data 52

GlobalTranz

FEBRUARY 6, 2017

Aside from the new administration, Amazon’s supply chain continued push deeper into new and existing markets will define additional trends in the supply chain throughout the coming year. Fortunately, these five trends may alleviate some of the strains of competition by giving supply chain partners an advantage in the global market.

Supply Chain Planning Software 73

Supply Chain Planning Software Procurement Analytics Supply Chain Software Manufacturing Procurement 73

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

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

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

Logistics Business Magazine

DECEMBER 8, 2022

Additionally, the always present issues of shortage of skilled labour, supply chain disruptions and cost pressure also prove difficult. Ralf Duester, member of the board of the SCM software specialist Setlog, shows which trends will shape the year 2023. Purchasing and procurement are revamped.

Supply Chain Planning Software 65

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Purchasing Skills 65

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

GlobalTranz

JANUARY 17, 2017

So, let’s take a look at how our predictions for the first four manufacturing technology trends (Predictive analytics, 3D Printing, and VR) to watch for in 2016 stacked up. Predictive Analytics Became Commonplace to Manufacturing. Yet, 3D printing is not simply for repairs.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

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

GlobalTranz

JANUARY 22, 2019

Technology allows shippers to work smarter, faster and with fewer human resources, and new technologies, such as drones and augmented reality, are continuing the process, reports Victoria Kickham of Logistics Brief. Dropshipping refers to manufacturers sending products directly, but products are purchased through a third-party.

Logistics Network Optimization Software 72

Logistics Network Optimization Software Trends Supply Chain Software Procurement Solutions 72

GlobalTranz

OCTOBER 13, 2017

To gain a competitive advantage in last mile logistics, shippers need to understand the top seven trends in last mile logistics. Unfortunately, the tech landscape is riddled with cases of supply chain disruptors failing, but the trend is clear and shows little indication of regression. trillion by 2018 as well.

Trends 81

Trends Procurement Analytics Logistics Network Optimization Software Supply Chain Software 81

Logistics Business Magazine

DECEMBER 11, 2022

While it’s imperative to focus on budgets and business initiatives that will take precedence over the next year, it’s just as important to keep an eye on the big-picture trends that are shaping the industry. o9 Solutions’ supply chain experts and leaders are sharing their insights on the trends that could become prevalent in 2023 and beyond.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 60

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 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. Digital Supply Chain Twin.

Supply Chain Planning Software 32

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

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

GlobalTranz

JUNE 4, 2015

In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site. Consumer Goods.

Procurement Analytics 94

Procurement Analytics Cost Reduction Material Savings Tracking and Tracing 94

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 82

Negotiating Skills Purchasing Skills Logistics Network Optimization Software Supply Chain Planning Software 82

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. Adoption of Analytics Will Increase. The advancement toward analytics will also increase as platform-based companies and services go mainstream.

Manufacturing Procurement 79

Manufacturing Procurement Supply Chain Software Trends Procurement Analytics 79

LandLink

JANUARY 30, 2020

These companies, through the use of customer-integrated business platforms, mobile technology, and crowd-sourcing, are finding ways to pick orders within minutes of receiving them, dispatch deliveries on-demand, and bring buyer’s purchases to them in time-frames of two hours or even less. Edge computing changes that.

Optimization Software 62

Optimization Software Logistics Network Optimization Software Optimal Sourcing Trends 62

Logistics Viewpoints

OCTOBER 18, 2023

The third trend is that global trade growth appears to be gradually slowing. The report for August (released in late September) shows negligible changes in the aggregate. Manufacturing Purchasing Managers Indexes The J.P. The first pattern I noticed was an extreme decrease followed by an extreme increase in 2020.

Manufacturing Procurement 159

Manufacturing Procurement Purchasing Skills GEP Price Reduction 159

Logistics Viewpoints

OCTOBER 12, 2023

Lower-income consumers and those using food assistance programs care the most about food waste as a purchase driver—again, suggesting it is a response to higher prices.” The same “If” statement was repeated for a host of financial and operational metrics.

Supply Chain Design Software 137

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 137

GlobalTranz

FEBRUARY 13, 2017

Fortunately, your organization can get ahead of the learning curve by knowing what trends in logistics to watch for this year. The Top 6 Trends in Logistics Impacting Shippers in 2016. According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025.

Resource Reduction 82

Resource Reduction Trends Inventory Reduction Material Savings 82

SYSPRO Smarter ERP

JULY 3, 2023

It is estimated by McKinsey that 40% of the potential value that could be created from analytics comes using ML techniques, However, many business leaders are unsure where to apply ML to reap the greatest rewards. Procurement ML can help procurement teams be more efficient by alerting them to potential supplier problems.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Data Optimization Software 98