Elementum

FEBRUARY 7, 2024

The strategic application of artificial intelligence (AI) enhances these functions by automating tasks, analyzing data, and optimizing workflows. This reduces the risk of overstocking or stockouts, ensuring inventory is managed with unprecedented accuracy and efficiency.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

3PL Insights

AUGUST 16, 2021

Big data is only useful if you understand the metrics and can connect them to the important areas of your business. But how do we turn inventory management data and other key metrics into business intelligence? Account Activity Data. Account Activity Data. Storage Efficiency.

Data 98

Data Supply Chain Optimization Supply Chain Material Savings 98

ShipBob

JULY 2, 2021

But today, these technological advancements are becoming a reality and transforming the logistics industry. With on-demand logistics on the rise (due to high standards and expectations around accurate, fast, and reliable delivery), technology continues to play a tremendous role in supply chain efficiency. brand mentions). .

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Sourcing Strategies 98

SCMDOJO

JUNE 14, 2023

Thankfully, outsourcing logistics services to a reliable third-party logistics provider (3PL) can make a significant difference. A 3PL offers a comprehensive range of services, including transportation, warehousing, distribution, and value-added solutions such as inventory management, packaging, and assembly.

3PL 77

3PL Supply Chain Design Software Prescriptive Analytics Software Inventory Management Software 77

EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

ThroughPut

DECEMBER 6, 2023

Businesses can access historical data, market trends, and other external factors and, by plugging in predictive analytics, gain invaluable insights that streamline inventory management, demand forecasting, transportation planning, risk mitigation, and overall decision-making processes.

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

Turvo

SEPTEMBER 16, 2021

Seven ways Turvo helps build a more sustainable supply chain for third-party logistics providers (3PLs), shippers of raw materials and finished goods, and their end customers. Another study by the EPA, titled Fast Facts on Transportation Greenhouse Gas Emissions , noted that “according to the Inventory of U.S. Stockouts are reduced.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Analytics Software Supply Chain Network Software 70

Zipline Logistics

MARCH 18, 2020

It currently just uses on-time metrics to grade suppliers and the store’s retail buyers can base purchasing decisions on a brand’s delivery performance. Sam’s Club launched its OTIF program in the spring of 2018, following the logistics compliance precedent set by Walmart. Tougher OTIF Standards at Sam’s Club. Learn More.

Vendor Strategies 52

Vendor Strategies Procurement Analytics Buyer Training Supply Chain Planning Software 52

Logistics Bureau

AUGUST 1, 2022

The demand planner will typically take the lead in gathering data relating to historical sales trends , a crucial early step in the planning process. The demand planner must engage sales, marketing, finance, and logistics colleagues to gather the required data. Inventory turns. Here are five of them. Poorly Defined Goals.

Supply Chain Planning Software 87

Supply Chain Planning Software S&OP Supply Chain Planning Scenario Planning 87

Logistics Bureau

NOVEMBER 16, 2020

And now let us examine the reasons why a career in logistics offers so much diversity to so many workers. If engineering is your thing, you could join a third-party logistics company and focus on solutions design. Do you want to be managing people? APICS, for example, runs some really good supply chain and logistics programmes.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

Supply Chain Game Changer

NOVEMBER 19, 2018

From planning to negotiating to buying, from moving goods to processing goods, and from managing data to managing inventory. Whatever your Industry you should be able to make comparisons to competitors, do benchmarking, and even compare yourself on key metrics across industries. Cash Cycle Management.

Negotiating Skills 84

Negotiating Skills Cost Reduction Strategies Purchasing Skills Inventory Reduction 84

Veridian Solutions

MARCH 16, 2020

Supply chain data management requires attention to detail and a mechanism in place that provides analytics, or insights, to gain actionable knowledge. Risk exists around data when it is incorrectly or inaccurately collected and shared. Data Improves Operational Excellence When Used Correctly.

Supply Chain Strategy 59

Supply Chain Strategy Data Supply Chain Software Inventory Reduction 59

Supply Chain Game Changer

NOVEMBER 9, 2018

You know the people, the processes and the metrics. Most companies have a Procurement function, Distribution, Logistics, Planning, Inventory Management, Product Data Management, and Operations. Cash constraints, and borrowing money to fund operations and finance inventory. Lean, Agility).

Agile and Lean Supply Chain 43

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning 43

RFgen

FEBRUARY 15, 2023

Realistically, you may have to prioritize due to logistical or budget limitations. When evaluating technology and infrastructure, consider the following components: Transportation and logistics infrastructure: Assess transportation and logistics infrastructure thoroughly, including vehicle fleets, warehouses, and manufacturing plants.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Waste Reduction 52

Supply Chain Matters

JUNE 15, 2022

Risk aware was described as more dynamically flexible supply networks, the optimization of specific buffers such as capacity as well as inventory, or flexibility in supply chain network design.

Conference 52

Conference Supply Chain Planning Software Supply Chain Design Software Prescriptive Analytics Software 52

Unleashed

APRIL 3, 2023

If you’re currently managing your accounts through QuickBooks, it makes sense to look for an inventory management tool that complements your accounting system. While QuickBooks offers some inventory functionality, it might not have all the solutions you require.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Forecasting Software Demand Planning Software 52

Supply Chain Trend

DECEMBER 22, 2023

Decision quality will become a performance metric in IBP. Field research from the Kuhne Logistics University , shows interesting insights on newly expected planning roles, like supply chain architect, cognitive analyst and data manager. IBP success criteria : traditional IBP often uses supply chain metrics of success.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Planning Scenario Planning Negotiating Skills 78

GlobalTranz

NOVEMBER 19, 2015

Today we continue our long series and look at teaching shippers how to remain strategic when it comes to logistics and their transportation management program. Strategic Logistics: 8 Steps to Controlling Inventory Flow & Driving Warehouse Efficiency. Strategic Logistics Management: The Importance of Flexibility.

Transportation Management 120

Transportation Management Transportation Sourcing Strategies Data 120

Unleashed

JUNE 23, 2021

It’s seen businesses adapting rapidly, with technology playing a key role in giving managers the flexibility and efficiency to thrive. Best practice inventory management – and the wider world of supply chain management – has played a big part in business survival through 2021. 10 inventory management for 2022: 1.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

Elementum

FEBRUARY 7, 2024

Enhancing Business Operations Logistics Management: AI-driven automation revolutionizes logistics by optimizing routing and fleet management, reducing costs, and forecasting disruptions, thus enhancing efficiency and customer satisfaction. How can digital process automation improve efficiency in operations?

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

Intelligent Audit

JANUARY 18, 2022

Actionable analytics and meaningful logistics intelligence are essential elements in freight. Actionable analytics gather large volumes of data and interpret it in a meaningful way, translating it into effective business strategies. Third-party logistics providers (3PLs) can help run a better business shipping strategy.

Analytics Software 52

Analytics Software Supply Chain Planning Software Supply Chain Design Software Procurement Analytics 52

American Global Logistics

NOVEMBER 21, 2023

Use ETL (extract, transform, load) tools and automated data cleansing algorithms to standardize, normalize, and clean data. Leverage master data management (MDM) to maintain consistent reference data across systems. Maintain thorough metadata documentation and data lineage maps. ISO 27001).

Analytics Software 52

Analytics Software Quality Security Analytics 52

6 River Systems

JUNE 29, 2020

Below, we’ve highlighted 50 expert supply chain management tips and best practices for navigating the post-pandemic world: Mitigating supply chain risks Supply chain crisis management Supply chain optimization Leveraging technology to optimize the supply chain Mitigating supply chain risks 1. ” — Michael Varney and Wil G.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

Intelligent Audit

JULY 19, 2022

Share Data With Team Members. Collaboration is key to logistics. Use OSD Report Data to Initiate Predictive Planning. Business logistics professionals know that predictive planning is centered around the ability to receive an abundance of data. Categories Ping According to Causes or Other Metrics.

Report 52

Report Supply Chain Planning Software Predictive Analytics Software Supply Chain Software 52

Supply Chain Insights

AUGUST 29, 2017

Our survey on Revenue and Trade Promotion Management is closing soon; and we will have some pretty strong research to pass along on this topic; but you and I both know it is going to tell us that nearly half of the trade promotions continue to produce less than planned ROI. The technology today is creating a new cycle.

Supply Chain Planning Software 95

Supply Chain Planning Software Forecasting Software Predictive Analytics Software Modeling Software 95

BlueYonder

JULY 19, 2022

There are continuous and significant changes in demand patterns but no drop in customer experience expectations and on the other end, there continues to be a barrage of new disruptions impacting raw material, components, labor and logistics — complicating the supply planning.

Supply Chain Planning Software 57

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Modeling 57