FreightWaves SONAR

FEBRUARY 29, 2024

Housing starts are calling for lumber kits, industrial purchasers are ordering products for their projects, and construction companies are planning their moves and strategies for the year. Finance, sales and purchasing teams can think more clearly about the state of the industry and how to align their strategies accordingly.

Purchasing Skills 59

Purchasing Skills Data Trends Sourcing Strategies 59

3PL Links

MAY 3, 2023

Improving Supply Chain Visibility: The Impact of Data Strategy | Image source: Pixabay A business-contextualized data approach is crucial for boosting supply chain visibility, especially during downturns. Read also: Revolutionizing the Industry: Discover the Top 3 Logistics Trends for 2023! What are the company’s goals?

Sourcing Strategies 62

Sourcing Strategies Inventory Reduction Material Savings Cost Reduction 62

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

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 129

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 129

MTS Logistics

DECEMBER 12, 2022

Various factors will continue to influence Supply Chain Management trends in 2023 and beyond. Inflationary trends are affecting the world economy and directly affect supply chain and delivery operations. The post Supply Chain Trends to Watch for 2023 and Beyond appeared first on More Than Shipping.

Supply Chain Software 90

Supply Chain Software Supply Chains Trends Cost Reduction 90

Logistics Viewpoints

OCTOBER 17, 2024

Treating suppliers as essential partners in the field of direct spend management—almost like customers—can be a key component of a successful company strategy. Market Intelligence: Suppliers often have access to valuable business and supply market intelligence, which can inform a company’s strategy especially in the area of direct spend.

Supply Chain Planning Software 144

Supply Chain Planning Software Manufacturing Procurement Supply Chain Design Software Optimal Sourcing 144

Talking Logistics

MARCH 21, 2019

According to Nasdaq, by 2040, 95% of purchases will be facilitated through e-commerce. Top trends shaping e-commerce in 2019: Improved shopping experience on mobile devices. Social media is one of the main strategies driving e-commerce. Customers continue to adopt a “get it now” mindset which must be embraced by retailers.

Trends 136

Trends Optimization Software Logistics Network Optimization Software Procurement Solutions 136

GoShip Blog

FEBRUARY 7, 2023

Over the years, marketing strategies have evolved with the times, the advent of technology, and changes in consumer behavior. Why a Solid Marketing Strategy is Important A marketing strategy refers to a business’s action plan for achieving its short and long-term goals and developing a sustainable competitive advantage.

Waste Reduction 52

Waste Reduction Price Reduction Resource Reduction Expense Reduction 52

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 141

Inventory Reduction Supply Chain Planning Software Inventory Waste Reduction 141

Logistics Bureau

OCTOBER 11, 2024

The Changing Role of Procurement Highly successful organisations often see their Chief Procurement Officers (CPOs) proactively driving global procurement strategy, sharing responsibilities with COOs and CFOs on value creation initiatives, and deploying global resources to achieve the ultimate supply chain targets.

Manufacturing Procurement 91

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 91

3PL Links

MAY 23, 2024

Image source: Public Domain Pictures | The Growth of Cross-Border E-Commerce: Trends and Predictions Over the past few decades, cross-border e-commerce has grown tremendously. This kind of product has gained enormous popularity abroad, and its success serves as an example of industry trends worldwide.

Trends 48

Trends Inventory Reduction Sourcing Strategies Expense Reduction 48

SYSPRO Smarter ERP

FEBRUARY 15, 2023

This can occur both upstream and downstream, moving downstream, typically include raw materials suppliers, the intermediate manufacturers who turn raw materials into usable components, the assembly phase of manufacturing , distribution networks to store and move products, and end customers who purchase and use manufactured goods.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Material Savings Resource Reduction 105

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

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. In this article, we explore these hurdles and the strategies businesses can employ to meet growing demand for fast, free shipping while maintaining operational efficiency.

Cost Reduction 58

Cost Reduction Price Reduction Expense Reduction Resource Reduction 58

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. At a glance: The top ten SCM trends in 2024 1. Open-source software is increasingly convincing In detail: The ten most important SCM trends in 2024 1. Skilled labour shortage forces action 2.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimization Software 59

EazyStock

APRIL 13, 2022

What is a supply chain strategy? A supply chain strategy explains how a company will bring goods into the business and get them out to customers as effectively as possible. Considering every phase in the supply chain, such as sourcing goods, logistics and delivery, the strategy optimizes operations to reduce costs and maximize profits.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 52

Stord

NOVEMBER 13, 2024

In addition to the surge of demand during this tight holiday window, brands have offered earlier offerings and expanded the sales period to encourage a longer shopping period enabling end consumers to allocate more towards holiday purchases. This trend was compounded further in recent years. Billion globally in 2024.

Inventory Reduction 148

Inventory Reduction How To Cost Reduction Procurement Solutions 148

Bringg

AUGUST 5, 2020

This post looks at how click & collect works, why demand for it is trending now, and what retailers can do to ensure click & collect experiences that are also good for their business. While interest in click & collect is not new, 2020 saw a massive spike in demand and turned it into one of the hottest retail trends.

Trends 118

Trends Modeling Software Optimization Software Optimization Modeling 118

WorkWave

NOVEMBER 6, 2023

In this blog post, we will delve into the intricacies of order management, the role of an Order Management System (OMS), what happens after checkout and how to master your order management strategy with the help of cutting-edge order management systems and order management software. What Is Order Management? Schedule your free demo today.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Ordering 52

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. Navigating urban areas, handling narrow delivery windows and meeting higher customer expectations require new strategies and investments in technology.

Price Reduction 104

Price Reduction Vendor Strategies Supply Chain Planning Software Cost Reduction 104

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. The best strategy is for companies to devise agile approaches to permanently optimise the use of resources and production capacities. Recruiting strategies change. foreign workers. Cost awareness increases.

Supply Chain Planning Software 64

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Purchasing Skills 64

GlobalTranz

OCTOBER 11, 2018

The importance of an omnichannel supply chain strategy cannot be overstated. Up to 62 percent want to purchase online and have the option of returning it in-store, and 47 percent want promotions and coupons available through their smartphone. What’s Wrong With Omnichannel Supply Chain Strategy and Customer Service?

Inventory Reduction 74

Inventory Reduction Price Reduction Cost Reduction Supply Chains 74

GlobalTranz

OCTOBER 5, 2018

An omnichannel retail strategy is the new norm in today’s supply chains. The days of managing channels on an individual basis are over, and consumers are using multiple devices and e-commerce platforms for nearly all purchases. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018.

Modeling Software 78

Modeling Software Sourcing Strategies Cost Reduction Supply Chain Planning Software 78

SYSPRO Smarter ERP

OCTOBER 6, 2021

The common themes around manufacturing trends point to these changes. Customers pay for the use of equipment through recurring operating charges rather than purchasing outright. The post The future of manufacturing: trends and innovation for growth appeared first on SYSPRO Blog. The 4th generation manufacturing environment.

Manufacturing Procurement 111

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

Locus

MAY 15, 2023

According to a study, 55% of consumers prefer to buy directly from brands, and a further 40% of shoppers say they will purchase from a D2C brand in the next five years. However, as the data suggests, more and more customers want to buy from brands directly and want them to solve any challenges that arise post-purchase.

Cost Reduction 52

Cost Reduction Procurement Solutions Strategy Supply Chain Planning Software 52

Now, That's Logistics

AUGUST 22, 2018

This puts added pressure on companies that need to select the best possible supply chain strategies and logistics providers for their high-end goods. Four Strategies That Work. This creates demanding lead time requirements and viable logistics strategies must be developed in order to meet those market needs. Save Save.

Strategy 60

Strategy Manufacturing Procurement Supply Chain Planning Software Supply Chain Software 60

Logistics Business Magazine

NOVEMBER 13, 2024

billion on Black Friday and Cyber Monday purchases this year, and despite an unsettled economic climate, analysts are predicting a bumper spend for 2024. Officially the biggest shopping day of the year across the globe, Black Friday continues to see sales growing each year.

Logistics Network Optimization Software 45

Logistics Network Optimization Software Price Reduction Supply Chain Planning Software Cost Reduction 45

Logistics Viewpoints

SEPTEMBER 30, 2022

Two seemingly conflicting trends are coming together that, if addressed correctly, could provide retailers with a competitive advantage and make them more profitable. So, how are these two trends mutually beneficial? Consumers are making purchasing decisions based upon environmental impact.

Eliminating Excel in Purchasing 144

Eliminating Excel in Purchasing Cost Reduction Purchasing Skills Resource Reduction 144

GlobalTranz

OCTOBER 12, 2018

E-commerce is growing at a phenomenal rate and, powered by the top trends in e-commerce logistics, shippers have an amazing opportunity to increase profitability and reduce freight spend simultaneously. The ability to adapt to these trends in e-commerce logistics will determine who can survive the threats of Amazon and the Big Box retailers.

Logistics Network Optimization Software 74

Logistics Network Optimization Software Supply Chain Design Software Trends Supply Chain Software 74

GlobalTranz

SEPTEMBER 13, 2018

The path to perfect implementation of a new e-commerce shipping strategy is not always clear, and it comes with several challenges that can undermine the efficacy and cost-effectiveness of e-commerce. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Channel-specific processes. Increased risk.

Price Reduction 72

Price Reduction Cost Reduction Inventory Reduction Resource Reduction 72

Logistics Bureau

OCTOBER 1, 2018

Call it a cop-out if you like, but predicting which logistics and supply chain trends will make a difference to businesses in any given year has become notoriously difficult, given the speed at which technology in particular, can suddenly disrupt the way things are done. 2018 Update: How Did the Trends Progress?

Supply Chain Planning Software 88

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 88

EazyStock

AUGUST 21, 2020

There are many financial benefits to introducing stock reduction strategies – in particular focusing on your excess and obsolete items. Here we’re going to focus on our favorite top five inventory reduction strategies. Are your internal purchasing processes efficient enough to allow you to reduce your order cycles?

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

SIPMM Professional Publications

APRIL 24, 2020

But in recent years, new trends have proven a force to be reckoned with, as many organizations begin adopting and embracing new strategies in a bid to stay competitive. The post Methodologies for Construction Procurement appeared first on SIPMM | Singapore Institute of Purchasing and Materials Management.

Construction 97

Construction Procurement Material Savings Purchasing 97

GlobalTranz

APRIL 6, 2015

Look at these 7 supply chain trends as a guide to better your supply chain today. In this article, Professor Burcu Keskin from University of Alabama will share 7 supply chain trends that working professionals should watch. INFOGRAPHIC] 7 Supply Chain Trends as Laid out by Supply Chain Expert. 4) Management of Complexity.

Optimal Sourcing 118

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 118

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

GlobalTranz

SEPTEMBER 12, 2018

To achieve lasting success, shippers need to understand how e-commerce shipping strategies are quintessential steps in this process. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. An Effective E-Commerce Shipping Strategy Mitigates Losses From the “Retail Apocalypse.”

Cost Reduction 73

Cost Reduction Resource Reduction Price Reduction Strategy 73

Logistics Viewpoints

AUGUST 1, 2024

In this scenario, by adopting an adaptive supply chain, the retailer uses real-time data analytics to identify emerging trends and collaborate closely with suppliers to quickly adjust production and inventory levels to meet customer demand. Nari Viswanathan is Sr. Nari Viswanathan is a six times SDCExec Supply Chain Pro to Know award winner.

Supply Chain Design Software 165

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Scenario Planning 165