SYSPRO Smarter ERP

NOVEMBER 30, 2021

labor, materials and warehousing, to IT, freight and safety. Forced to implement protective measures through the pandemic, some companies increased overhead by stock piling inventory which negatively affects both cash flow and profits. Manufacturers can use forecasting to support inventory optimization. Managing Inventory.

Forecasting 105

Forecasting Forecasting Software Inventory Management Software Supply Chain Planning Software 105

Supply Chain Game Changer

OCTOBER 29, 2020

Do You Have Hidden Freight Costs? Freight sourcing team article and permission to publish here provided by Katharine Barrios at xeneta.com. Freight sourcing and procurement is a critical component of the whole supply chain and is crucial to the success of the business. Use of Freight Rate Benchmarking.

Sourcing Strategies 75

Sourcing Strategies Negotiating Skills Optimal Sourcing Negotiate Pricing 75

NC State SCRC

MAY 30, 2022

The report was published in the last month, and reflects some of the increasing challenges and disparities that exist between procurement and supply chain executives. One of the problems that often emerges in organizations is not only misalignment between procurement and supply chain, but also between senior executives and their managers.

Supply Chain Execution 98

Supply Chain Execution Procurement Analytics Procurement Solutions Optimal Sourcing 98

Supply Chain Shaman

SEPTEMBER 3, 2015

We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. We feel so strongly about this that we do not have an inventory planning role.”

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Supply Chain Matters

MAY 22, 2023

freight and logistics industry continues to mitigate recessionary conditions including the April 2023 Logistics Manager Index reaching its lowest level lowest level in six years and one-half years. freight, logistics and parcel movement industry. Freight rate reportedly fell 37 percent. The LMI has now declined 6.7

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

CH Robinson Transportfolio

SEPTEMBER 28, 2021

Robinson Director of Research and Market Intelligence: The truck driver shortage is top of mind for many as supply chain disruptions continue, port backlogs persist, and the gap between inventory supply and sales demand widens. The answer is not simple and involves research and analysis across a number of factors.

Michigan 82

Michigan Supply Chain Planning Software Supply Chain Design Software Demand Planning Software 82

GlobalTranz

SEPTEMBER 23, 2021

High freight volumes across all industries in the trucking market are expected to continue into 2022.? The added strain on resources is on track to force high freight volumes to continue well into the next year. Download the White Paper: Over the Road Freight Management Trends. Carrier Vetting for OTR Freight.

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Supply Chain Matters

DECEMBER 28, 2023

Background In various Supply Chain Matters blog commentaries, this supply chain technology industry analyst has raised awareness, perspectives and added focus to the critical importance of establishing synchronous processes and more timely decision making across an end-to-end supply chain network.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Network Software Supply Chain Design Software Supply Chain Software 59

Supply Chain Matters

OCTOBER 12, 2022

Indicated in the report summary was: “ The sustained growth in the logistics industry continues to be fueled by high levels of inventory and the associated levels of cost and utilization associated with holding them. According to the September report , growth is increasing for inventory levels, inventory and warehousing costs.

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

ToolsGroup

MARCH 17, 2020

A few months ago, we highlighted a major theme from Gartner’s Supply Chain Planning Summit in our blog: winners change their mindsets–and accelerate through economic turns. Examples of this include expediting with LTL and air freight and costly in-network transfers from warehouse to warehouse–all of which erode profit margins.

Supply Chain Planning Software 215

Supply Chain Planning Software Modeling Scenario Planning Supply Chain Planning 215

ThroughPut

JUNE 4, 2020

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. Inventory strategy.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

ThroughPut

JUNE 4, 2020

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. Inventory strategy.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

Supply Chain Game Changer

APRIL 29, 2020

Do You Have Hidden Freight Costs? Ocean freight article and permission to publish here provided by Katherine Barrios at xeneta.com. Freight forwarders and shippers/BCO s are on a constant quest to have a better understanding of their ocean freight costs and ultimately have larger margins. Email Address. Plan effectively.

Negotiating Skills 69

Negotiating Skills Cost Reduction Strategies Optimal Sourcing Freight 69

Supply Chain Matters

AUGUST 22, 2022

In this Supply Chain Matters industry specific commentary, we make the observation that retail industry sales and operations planning and demand support teams, given the current state of recent business financial performance, need to up their game in supply network inventory management agility and added responsiveness. .

Inventory Management Software 52

Inventory Management Software Agile and Lean Supply Chain Inventory Management Inventory Reduction 52

Supply Chain Shaman

APRIL 15, 2020

My last post on the Supply Chain Shaman blog was forty-five days ago. This cross-functional group (sales, procurement, manufacturing, and distribution) is an operational team to manage the day-to-day issues and exceptions in the supply chain. Evaluate Inventory. Evaluate inventory health weekly. Today, I am reflective.

Supply Chain Planning Software 459

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 459

QAD

AUGUST 16, 2022

Continued fallout, including transport congestion, limited air freight and rail freight transportation in the Asia-Europe lanes, because of the Russia/Ukraine conflict. QAD SRM delivers the tools to improve real-time communication and procurement processes and to counteract supply risks. Potential U.S.

Optimal Sourcing 92

Optimal Sourcing Supply Chain Software Manufacturing Procurement Supply Chain Design Software 92

SYSPRO Smarter ERP

MARCH 31, 2022

It’s premature to know at this stage what the full impact will be on our economies and supply chains, but we can expect more delays of supply of imported inventory, food, and component parts, due to reduced or rescheduled air and sea freight. Supply chain challenges. Responding to global disruptions. The supply chain of the future.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Disruption Supply Chain Design Software Supply Chain Planning Software 105

QAD

FEBRUARY 20, 2024

Then there is the procurement of replacement materials / inventory. Depending on the circumstances, this may require expedited freight — with the associated premium costs. The post How to Address Stock Loss with Process Intelligence appeared first on QAD Blog.

Manufacturing Procurement 95

Manufacturing Procurement How To Material Savings Supply Chain Design Software 95

Freightos

JANUARY 30, 2024

Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. In the meantime, there are reports of inventory shortages for some European importers as shipments are delayed or taking longer to arrive. Asia-US East Coast prices (FBX03 Weekly) climbed 21% to $6,152/FEU.

Negotiating Skills 270

Negotiating Skills Optimal Sourcing Asia Europe 270

Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post is part of a , series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally.

Supply Chain Software 148

Supply Chain Software Resource Reduction Waste Reduction Cost Reduction Strategies 148

Supply Chain Matters

APRIL 4, 2024

Gather AI Raises $17 Million in Series A Funding Computer vision and AI-powered warehouse inventory monitoring technology start-up Gather AI has announced $17 Million Series A-1 funding led by Bain Capital Ventures. © Copyright 2024, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. All rights reserved.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 40

JDA software

FEBRUARY 11, 2019

its inventory management and where and how well it deploys inventory to optimize customer service levels and profitability. its transportation management and how well it continually procures, plans, executes and monitors freight. Inventory management. appeared first on Supply Chain Nation Blog.

Supply Chain Design 75

Supply Chain Design Optimal Sourcing Inventory Reduction Supply Chain Optimization 75

Supply Chain Matters

OCTOBER 25, 2022

The Supply Chain Matters blog provides our latest news capsule format follow-up relative to the updating of prior supply chain management developments we have shared with readers. It is becoming clearer that supply chain procurement and logistics teams elected to route import shipments thru either U.S. West Coast port operators.

Ukraine 52

Ukraine Supply Chain Planning Manufacturing Procurement Los Angeles 52

DynaSys

MARCH 18, 2022

The rise of Sales, Inventory, and Operations Planning (SIOP). Sales, inventory and operations planning (SIOP) means succinctly integrating sales, marketing, supply chain, operations, product management, procurement, pricing, and financial data with the executive team’s effective decision-making capabilities.

S&OP 59

S&OP Optimal Sourcing Supply Chain Planning Software Inventory Reduction 59

GlobalTranz

APRIL 6, 2015

Editor’s Note: This blog post is from SupplyChainOpz. The biggest implication of this new imposition on procurement process is that now procurement managers have to deliver suppliers that are cost conscious and timely in their operations but at the same time can adapt to the changing demands of end customers.

Optimal Sourcing 120

Optimal Sourcing Manufacturing Procurement Trends Supply Chain Planning Software 120

Supply Chain Matters

AUGUST 7, 2023

While 209,000 workers were added in June, 14,000 freight and parcel carriers were cut and 6,900 warehousing and storage jobs were lost. The July PMI report further pointed to current inventory levels being at their lowest point in the history of this index, and based on July data, is still an ongoing process.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Transportation Logistics Warehousing 52

GlobalTranz

APRIL 5, 2017

If your vendors do not understand your organization’s policies and procedures regarding inbound freight , how can they adhere to your needs? As explained in this blog post , the guide details how to proceed with all possible scenarios for inbound shipments to reduce their associated costs. The information only gets grimmer from here.

Vendor Strategies 123

Vendor Strategies Cost Reduction Strategies Inventory Reduction Logistics 123

SCMDOJO

JULY 24, 2023

In this blog, we will answer the question: what is Contract Logistics, and explore its definition, solutions, challenges, and opportunities, understanding why Contract Logistics is considered as the hub of logistics today and how it can help businesses thrive in an ever-evolving market.

Logistics Network Optimization Software 92

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 92

Supply Chain Matters

MAY 30, 2023

The Supply Chain Matters blog highlights a further negative drop in the New York Federal Reserve’s Global Supply Chain Pressures Index ( GSPI ). freight and logistics recession , we called attention to reports that the Logistics Manager Index (LMI) for April reached an all-time low of 50.9, This recent April data reinforce that U.S.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Taiwan New York 52

Talking Logistics

FEBRUARY 29, 2016

There was a deceleration in freight volumes during the second half of 2015 which continued into the first month of 2016. So, that tells me that the inventory situation continues to weigh on truck freight volumes. percent in December from November , with December 2015 freight shipments down 2.0 percent from December 2014.

Optimal Sourcing 80

Optimal Sourcing Price Reduction Inventory Reduction Cost Reduction Strategies 80

Supply Chain Matters

JUNE 7, 2023

Noted was a late May decline, largely driven by a more pronounced shift in inventories in the second half of May, reflecting a higher rate of expansion in the first half. Further, the report indicates that many consumer goods firms reportedly achieved the inventory wind down they strove for throughout 2022. All rights reserved.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Logistics Material Savings 52

Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post is part of a , series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally.

Supply Chain Software 78

Supply Chain Software Resource Reduction Waste Reduction Cost Reduction Strategies 78

Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post is part of a , series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally.

Supply Chain Software 78

Supply Chain Software Resource Reduction Waste Reduction Cost Reduction Strategies 78

SCMDOJO

JULY 13, 2022

National Association of Educational Procurement. As some of you have already seen we have written 60 plus blogs on Career Advice for Supply Chain Professionals. National Association of Educational Procurement. NAEP maintains its status as the leading association dedicated to procurement professionals in higher education.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 115

Intelligent Audit

DECEMBER 12, 2022

As shippers drew down existing inventories, replenishment became necessary to quickly satisfy consumers’ spending habits. This, along with container shortages, drove up ocean freight spot rates and caused sporadic export delays. How is Inflation affecting freight rates? PPI’s finished goods index increased 6.9%

Cost Reduction Strategies 52

Cost Reduction Strategies Price Reduction Inventory Reduction Negotiating Skills 52

QAD

JULY 8, 2021

In our blog last month, we discussed how the automotive industry must learn this time from yet another semiconductor shortage by improving management of essential supply chain processes or we will find ourselves in another shortage crisis. Do you have a customer inventory policy for long lead time and critical parts?

Supply Chain Planning Software 87

Supply Chain Planning Software Forecasting Forecasting Software Manufacturing Procurement 87

Supply Chain Matters

MAY 23, 2022

The Supply Chain Matters blog continues to highlight for readers specific global and regional supply chain indices that depict both trending production activity levels, as well as supply chain volatility. The authors point to the delivery time disruptions occurring in China , an increase in air freight costs from the U.S.

Supply Chain Optimization 59

Supply Chain Optimization Supply Chain Planning Software Supply Chain Software Supply Chain Strategy 59