Logility

SEPTEMBER 7, 2023

The primary limitation is that the process does not account for the drivers of demand. Instead of focusing on historical data only, insight-based planning takes into account market trends, customer preferences, and other factors that can impact demand. Insight-based planning is an entirely different way of working.

Supply Chain Planning 178

Supply Chain Planning Scenario Planning Modeling Supply Chain Software 178

Logistics Viewpoints

APRIL 3, 2024

Not all emissions are created equally. This means that supply chain emissions can account for up to 90 percent of a company’s carbon footprint. A third example of sustainable manufacturing was the little black dress created by a partnership bewteen LanzaTech and ZARA. What exactly is sustainable manufacturing?

Manufacturing Procurement 226

Manufacturing Procurement Sustainability Manufacturing Supply Chain Design 226

GlobalTranz

NOVEMBER 17, 2021

A 2021 Peak Shipping Season survey conducted by Edelman Intelligence found hiring to be a strong concern among supply chain decision makers with 90% having a strong need to increase hiring to account for peak season and beyond. Avoid extra surcharges for DC delays and operational inefficiencies that create challenges for carriers.

Shipping 232

Shipping Cost Reduction Strategies Industrial Industry 232

ivalua

SEPTEMBER 28, 2020

My journey in Accounts Payable started back in 1998, when I worked on my first Accounts Payable automation solution combining scanning, OCR and workflow. Over time the focus has shifted from the real challenge of Invoice matching to creating the perfect supplier invoice relying on OCR. or Accounting systems (e.g.

Supply Chain Software 237

Supply Chain Software Manufacturing Procurement Procurement Solutions Supply Chain Network Software 237

Logility

JULY 21, 2023

Sales and operations planning (S&OP) was created way back in the 1980s. She explains how S&OP can be adapted to account for shrinking planning horizons, and the need for scenario planning and cross-functional collaboration. But it is relevant to today’s world of supply chain disruptions and uncertainty?

Supply Chain Planning Software 202

Supply Chain Planning Software Scenario Planning Supply Chain Planning Supply Chain Software 202

Precoro

SEPTEMBER 30, 2022

Do you know any business that is possible without accounting? Accounting is one of the foundations of companies' operations. And Xero — holistic accounting software for SMBs, can become a real friend in this. In this article, we'll cover a chart of accounts type in Xero and how to manage them. We bet you don't.

Procurement Solutions 52

Procurement Solutions How To Procurement Analytics Resources 52

GlobalTranz

DECEMBER 8, 2021

Developing and using a solid freight RFP process will help increase service levels, create stronger vendor partnerships and drive supply chain resiliency despite market swings. As you create your freight RFPs for the coming months, here are 10 components that will help you successfully evaluate partners who can contribute to your success.

Freight 226

Freight Network Optimization Software Modeling Supply Chain Planning Software 226

Logistics Viewpoints

APRIL 10, 2023

Those materials come into their distribution center in Memphis where they inflate the balls, use a die cut machine to create the packaging, and then kit the ball and pump into the custom-made box. In addition to working to improve the Franklin Sports supply chain, she needed to cope with the lengthening lead times created by COVID.

Security 198

Security Supply Chain Planning Jordan Forecasting 198

Logistics Viewpoints

DECEMBER 6, 2022

However, the inability for consumers to initially see, feel or experience products they purchase online can create gaps between product expectations and what arrives at the doorstep. Returns are costly even before the shipping process is accounted for, costing retailers on average $10 – $20 per return. Who pays the price?

Reverse Logistics 221

Reverse Logistics Purchasing Skills Price Reduction Logistics Network Optimization Software 221

Supply Chain Brain

NOVEMBER 1, 2023

Ultimately, mesh networks can handle fluctuations in supply and demand, optimize routes, and create transparency and accountability in the supply chain.

Network Optimization 81

Network Optimization Innovation Supply Chain Optimization Industrial 81

Logistics Viewpoints

FEBRUARY 7, 2024

Energy Transition in Warehousing Modern warehouses take design into account for sustainability. Now, companies are turning to the use of machinery to create made-to-fit boxes for more efficient fulfillment shipping. This includes the use of enhanced insulation for better temperature control, which results in less power usage.

Waste Reduction 263

Waste Reduction Supply Chain Design Software Optimal Sourcing Supply Chain Optimization 263

Enterra Insights

JANUARY 19, 2023

… This is why competitiveness should be taken into account as one of the key aspects of business viability when assessing the overall quality of business environment.”[1] This value is created internally and is what sets the business apart from its competition.”[4] Markets, competitors, and customers. Performance.

Resource Reduction 130

Resource Reduction Cost Reduction Strategies Price Reduction Predictive Analytics Software 130

Logistics Viewpoints

OCTOBER 25, 2022

According to a report from McKinsey, a typical consumer company’s supply chain creates far greater social and environmental costs than its own operations, accounting for more than 80% percent of greenhouse-gas emissions and more than 90% of the impact on air, land, water, biodiversity, and geological resources.

Sustainability 230

Sustainability Supply Chain Design Software Supply Chain Planning Software Cost Reduction Strategies 230

The Logistics of Logistics

NOVEMBER 9, 2022

Under Oren’s leadership, Flock Freight continu es to rapidly grow while creating a new standard of service for shippers, increasing revenue for carriers, and eliminating the impact of carbon emissions through the patented shared truckload solution, FlockDirect. Learn More About More VUCA Ahead.

Waste Reduction 205

Waste Reduction Expense Reduction Logistics Network Optimization Software Cost Reduction Strategies 205

Logistics Viewpoints

MAY 19, 2022

Analytical techniques like linear programming can create the mathematically “optimal” plan, but these methods must be implemented well to avoid creating other challenges. Poor implementation of optimization has also created biased perceptions of mathematical optimization algorithms as slow or rigid.

Optimal Sourcing 228

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 228

ivalua

AUGUST 5, 2020

Invoice to Pay is a request for payment by a supplier, and technology helps to make this simple, fast and more efficient for the Supplier and the Accounts Payable team. The result of bringing these three steps together with data from the whole Procurement journey is a seamless and almost touchless workflow that transforms accounts payable.

Procurement Solutions 130

Procurement Solutions Optimal Sourcing Supply Chain Software Supply Chain Network Software 130

The Logistics of Logistics

APRIL 6, 2022

Under Oren’s leadership, Flock Freight continu es to rapidly grow while creating a new standard of service for shippers, increasing revenue for carriers, and eliminating the impact of carbon emissions through the patented shared truckload solution, FlockDirect. Learn More About The Flock Freight Story.

Freight 213

Freight Waste Reduction Expense Reduction Logistics Network Optimization Software 213

Logility

OCTOBER 14, 2021

Companies can guarantee supply chain traceability and supplier accountability when they can effectively track the journey taken by their product or service from the sourcing of the required raw materials for production to the delivery of the finished goods. The Role Digital Technology Plays in Traceability and Accountability.

Sustainability 130

Sustainability Supply Chain Design Software Manufacturing Procurement Supply Chain Planning Software 130

ivalua

JULY 14, 2021

The largest identified gap between procurement and payment is the Accounts Payable (AP) process. The ability to create a touchless Procure-to-Pay process will reduce the opportunity for fraud. Ultimately, from an Accounts Payable perspective, they are tail-end suppliers, or even a one-time supplier.

Vendor Strategies 130

Vendor Strategies Cost Reduction Strategies Procurement Solutions Electronics 130

BlueYonder

JANUARY 23, 2024

Inventory management: Adjust inventory levels to account for the extra day, ensuring you have enough stock for potential increased demand but avoiding overstocking and potential losses. Update systems and software: Ensure all software and accounting systems are updated to reflect the extra day to avoid errors and discrepancies.

Retail 105

Retail Supply Chain Planning Software Inventory Management Software Demand Planning Software 105

Supply Chain Game Changer

JULY 19, 2021

Ground Rules for Creating a High Performance Organization (HPO)! Accountants article and permission to publish here provided by Mikejohn Arizon. Employers look for accountants and analysts who can work with digital data, applications, and advanced software solutions. Specialized Accounting Knowledge. Subscribe Here!

Buyer Training 98

Buyer Training Supply Chain Software Supply Chain Planning Software Resource Reduction 98

Supply Chain Brain

MARCH 30, 2023

Mesh networks can handle fluctuations in supply and demand, optimize routes, and create transparency and accountability in the supply chain, increasing efficiency, reducing costs, and improving customer satisfaction.

Network Optimization 64

Network Optimization Innovation Supply Chain Optimization Industrial 64

Unleashed

FEBRUARY 29, 2024

Some common examples of retail software include: Point of sale (POS) software Retail inventory management software Cloud-based accounting applications Customer relationship management (CRM) software Companies employ retail management software to manage different aspects of their retail supply chain.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Inventory Management Software Analytics Software Supply Chain Planning Software 52

Supply Chain Game Changer

APRIL 1, 2022

A few years ago, a group of trading experts created the Bitcoin Prime program to simplify trading and allow users to buy in with no prior trading knowledge. When opening an account with Bitcoin Prime app, you must provide confidential information. Fortunately, all account holders have access to 24/7 customer service.

Negotiating Skills 94

Negotiating Skills Supply Chain Software Buyer Training Handbook 94

Supply Chain Game Changer

NOVEMBER 27, 2022

After successfully creating and verifying your exchange account, you can start the process of buying. Depending on your country, you’ll transfer the fiat currency, e.g., EUR or USD, to your exchange account to be converted to crypto. There are many methods you can use to fund your exchange account. Debit cards.

How To 78

How To Procurement Solutions Supply Chain Software Currency 78

Supply Chain Game Changer

SEPTEMBER 11, 2022

One way is by pursuing an accountancy certification, such as a CPA. Obtaining a certified public accountant license can equip you with all the skills you’ll need to make smarter business decisions to reach your desired business goals through effective financial budgeting and planning and auditing. Understand your cash flow.

Inventory Reduction 89

Inventory Reduction Supply Chain Planning Software Expense Reduction Inventory Management Software 89

Supply Chain Game Changer

SEPTEMBER 16, 2022

The Future of Accounting is Continuous Accounting! Small businesses, like medium- and large-scale organizations, need to simplify accounting strategies to attain growth. Small businesses are usually low on staff and might not have the budget to invest in expensive accounting services. Subscribe Here! Email Address.

Expense Reduction 86

Expense Reduction Supply Chain Planning Software Optimization Software Supply Chain Software 86

Turvo

SEPTEMBER 10, 2021

Accounting visibility is a term that can get thrown around a lot when it comes to logistics service providers. However, these are critical steps and roles that management must maintain, and analytics and collaborative IT infrastructure are creating a new way to unlock more value. The High Costs of Poor Accounting Visibility.

Real-time Visibility 80

Real-time Visibility Expense Reduction Waste Reduction Cost Reduction Strategies 80

Unleashed

JUNE 15, 2023

It’s an important inventory accounting metric for any company selling physical goods as it directly impacts profit margins and product pricing. Cost of goods sold is generally calculated by adding up the following costs: Direct materials – The raw materials or parts used to create a product. What’s included in cost of goods sold?

Purchasing Skills 52

Purchasing Skills Negotiating Skills Examples Cost Reduction Strategies 52

Supply Chain Game Changer

AUGUST 22, 2022

Although you are creating a brand from the ground up or just digitizing an existing one, you should always start with something local. Create Accounts On Social Media. Therefore, we recommend you create some accounts of your brand on Instagram, Facebook, Twitter, etc. Interested? Start From Small.

Supply Chain Design Software 94

Supply Chain Design Software Optimization Software Modeling Software Eliminating Excel in Purchasing 94

Supply Chain Game Changer

FEBRUARY 27, 2022

Are you searching for the steps or procedures that a person must follow to open a bitcoin trading account? The steps for opening a bitcoin trading account are pretty simple, and any person with a bit of knowledge of computers can do it. It would be best to clarify that you open your account on the best bitcoin trading site.

Security 83

Security Course Supply Chain Supply and Demand 83

3PL Insights

AUGUST 16, 2021

Account Activity Data. The account activity looks at inventory patterns. Businesses can also identify seasonality trends in their account activity data. Customers can adjust production cycles to match sales patterns or create a promotion to liquidate old inventory during slow seasons. LIFO vs. FIFO.

Data 98

Data Supply Chain Optimization Supply Chain Material Savings 98

Supply Chain Game Changer

JULY 26, 2021

Accounting Certifications. Accounting certifications are universally useful across industries because quite literally every business needs an accountant. For this reason, accountants are always in demand, consistently command good salaries and feature stable and predictable career trajectories. IT Certifications.

Negotiating Skills 98

Negotiating Skills Buyer Training Supply Chain Design Software Purchasing Training 98

Adexa

JUNE 1, 2021

However, they do not take into account what is relevant data and what is not when historical training data becomes invalid. Furthermore, using this approach, the system can create new policies, by mutation of the existing ones, which would perform better than the old ones.

Supply and Demand 130

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 130

Taulia

FEBRUARY 27, 2024

A company’s supply chain consists of the entire chain of activities involved in creating a product, from sourcing raw materials to delivering finished goods. That said, there are three areas that are most often prioritized in digitalization projects: supplier management, inventory management, and the accounts payable/receivable functions.

Supply Chain Software 52

Supply Chain Software Inventory Management Software Forecasting Software Procurement Solutions 52