Logistics Viewpoints

FEBRUARY 7, 2024

This survey included over 400 respondents across a number of industries. Consumer expectations are constantly shifting and challenging the industry. For example, most people expect free next-day delivery for online purchases as a result of Amazon Prime. A recent ARC survey looked at reasons to address sustainability.

Waste Reduction 263

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

Supply Chain Shaman

JULY 19, 2020

After finishing the Supply Chains to Admire report and the Youtube series (to be released this week), this is my feeling. In the review of my first book, Bricks Matter , Keith Harrison, former Global Director of Product Supply at P&G asked me, “You mention the need for supply chains to shift from a focus on cost to value.

Supply Chain Design Software 400

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Agile and Lean Supply Chain 400

GlobalTranz

SEPTEMBER 23, 2021

Let’s consider these top factors affecting the trucking market, their implications on supply chains and how they are driving change within the industry. . High freight volumes across all industries in the trucking market are expected to continue into 2022.? Legislation may also affect change in the industry.?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started?

Purchasing Training 78

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 78

SCMDOJO

JUNE 6, 2023

Supply chain optimization can achieve this with the help of data analytics. Data analytics helps businesses make data-driven decisions and initiatives. How does data analytics help supply chain optimization? Let’s explore the roles which data analytics play in this process. Why is it crucial? Download from the below link.

Optimal Sourcing 72

Optimal Sourcing Modeling Supply Chain Optimization Analytics Software 72

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 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

crisp

APRIL 25, 2024

Like many of his peers, General Mills CEO Jeff Harmening noted inflation is stabilizing, supply chain disruptions are dissipating, and consumer confidence is improving thanks to wage growth and a strong labor market – all of which is good for the CPG industry. What are CPG executives reporting on the sustainability front?

Demand Planning Software 52

Demand Planning Software Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies 52

Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

ThroughPut

MARCH 27, 2024

Real-time visibility was lacking, be it in warehousing or transportation, due to which delivery delays were common. Benefits of AI in the Retail Industry Enhancing Accuracy in Demand Forecasting Forecasting demand has never been this accurate before. Such detailed analytics also reduce retrieval times for faster order processing.

Case Study 52

Case Study Waste Reduction Inventory Reduction Price Reduction 52

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. Well, that image of talking trains and cars is growing larger.

Manufacturing Procurement 120

Manufacturing Procurement Predictive Analytics Procurement Analytics Predictive Analytics Software 120

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. They are more likely to shop for discounts and sales and may delay purchases of some items.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193

Logility

AUGUST 31, 2023

The consumer goods industry may have experienced tremendous growth, but figuring out what consumers want is an ever-evolving puzzle. From where they shop and how frequently they buy to what price points entice them, consumer behaviors have been challenging to predict over the past year.

Consumer Goods 185

Consumer Goods Network Optimization Software Optimal Sourcing Inventory Reduction 185

Supply Chain Shaman

DECEMBER 7, 2023

Expand the “FLOW” program for logistics information sharing to forecast transportation flow. So, my question for the President’s task force is, “If the industry is not clear, and you don’t have a definition, how can you deliver your mission?” Wrap-up I witness too much groupthink in the industry.

Supply Chain Design Software 303

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 303

Kanban Logistics

SEPTEMBER 9, 2021

In this article, we’ll look at the latest reports on manufacturing activity, while showing how a third-party logistics (3PL) provider can offer great logistics benefits within the manufacturing industry. The article and report contain additional positive manufacturing signs, along with some concerning ones.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics 3PL Logistics Network Optimization Software 52

Supply Chain Shaman

JANUARY 31, 2022

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. The reinvention of planning is needed, but it is hard to unwind the industry. I have been an industry analyst for two decades. Focus on Cost. As an analyst, I conduct primary research.

Procurement Analytics 217

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 217

Precoro

NOVEMBER 7, 2022

In order to run a successful business, you need a dedicated procurement team to obtain these essential goods and services, ensure timely delivery, and nurture good relationships with your vendors. Paying for offices, utilities, technology subscriptions, and cleaning services is also part of the procurement team's responsibility.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 52

QAD

JULY 1, 2021

Here’s a formula to calculate your total direct materials costs: Beginning Inventory + Added Purchases – Ending Inventory = Total Direct Materials Costs. Direct labor is simply the costs associated with paying people to create the product. Where can I improve processes or purchasing to wisely cut costs or time?

Manufacturing Procurement 89

Manufacturing Procurement Procurement Analytics Cost Reduction Strategies Purchasing Skills 89

Supply Chain Shaman

FEBRUARY 7, 2022

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. The reinvention of planning is needed, but it is hard to unwind the industry. I have been an industry analyst for two decades. Focus on Cost. As an analyst, I conduct primary research.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Logistics Viewpoints

OCTOBER 2, 2023

FourKites CEO, Matt Elenjickal One of the two leaders in the real-time transportation visibility market is FourKites. The company’s customers report that the ETAs provided by these FourKites are more accurate, timely and easier to access than those provided by carriers. That is fast growth. But the message is now much bigger.

Real-time Visibility 219

Real-time Visibility Supply Chain Visibility Inventory Reduction Agile and Lean Supply Chain 219

Enterra Insights

NOVEMBER 26, 2019

Not surprisingly, companies that employ advanced analytics to improve decision making and execution have the results to show for it.”. One of the new tools available to decision makers is predictive analytics. Leveraging predictive analytics is as close as business leaders will come to having a crystal ball.

Predictive Analytics 100

Predictive Analytics Predictive Analytics Software Analytics Software Procurement Analytics 100

Supply Chain Game Changer

NOVEMBER 12, 2018

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. Check out What Exactly Is Procurement? And What is Purchasing? As we’ve chronicled on the Argentus Blog, it’s no secret that the world of Procurement is changing and fast. Procurement, you’ve come a long way, baby!

Procurement Analytics 54

Procurement Analytics Manufacturing Procurement Optimal Sourcing Procurement 54

Supply Chain Matters

AUGUST 8, 2022

This index complies 27 different variables to include transportation movement and costs, global PMI sub-indexes reflecting delivery times and order backlog. This index was reported as 1.84 reported for June, and 2.59 reported for May. percentage points from the reported reading of 65 in June.

Procurement Analytics 52

Procurement Analytics Report Global Supply Chain Software 52

The Logistics & Supply Chain Management Society

JULY 20, 2020

Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains. Relying on our experience in the industry and academic field, it is worth to say that if everything is urgent, nothing is urgent! Industry 4.0. Cyber Physical Systems (CPSs) are key enablers for Industry 4.0.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

Logistics Viewpoints

FEBRUARY 5, 2024

Russell Zuppo, a vice president for consulting services at Uber Freight, reports that in their customer base, Walmart suppliers are currently paying 0.16% of the cost of goods sold in fines to Walmart. Uber Freight is a major provider of managed transportation services. Proving that it arrived in-full is.

Shipping 243

Shipping Real-time Visibility Supply Chain Design Software Supply Chain Planning Software 243

Intelligent Audit

JANUARY 9, 2023

As the transportation industry waves goodbye (and good riddance) to 2022, innovative logistics professionals are already working hard to make 2023 a banner year for the global transportation industry. UPS to Continue Service Despite Threat of Strike. FedEx Launches Consolidated Returns Service. 15 press release.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Negotiating Skills Transportation Purchasing Skills 52

AIMMS

OCTOBER 17, 2023

According to a Proxima report “Investing in a Sustainable Supply Chain,” there has been a significant change in the priorities of investors. The chart below shows the breakdown per industry. Re-evaluate supplier contracts and relationships Consolidated Procurement: Bulk purchasing often leads to better rates.

Optimal Sourcing 156

Optimal Sourcing Supply Chain Planning Software Modeling Waste Reduction 156

Logistics Viewpoints

OCTOBER 18, 2023

But cross-border trade is an important part of the global economy and much of this trade is in physical goods that must be stored, shipped, transported, and eventually consumed. The report for August (released in late September) shows negligible changes in the aggregate. However, imports of industrial supplies appear to be declining.

Manufacturing Procurement 265

Manufacturing Procurement GEP Purchasing Skills Logistics 265

Supply Chain Matters

JUNE 23, 2023

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 34th Annual State of Logistics Report to organization members and the industry as a whole. Background As our readership is likely aware, this report provides a snapshot of the U.S.

Procurement Analytics 40

Procurement Analytics Report Negotiating Skills Purchasing Skills 40

GlobalTranz

JANUARY 25, 2017

Last year, the technology trends in logistics seemed straightforward, and many of our technology predictions came true. However, predictive analytics and value-added services are being poured into TMS models, and supply chain executives have taken notice. Thus, more inventors stepped up to the plate in 2016. .

Logistics Network Optimization Software 120

Logistics Network Optimization Software Supply Chain Design Software Predictive Analytics Software Supply Chain Planning Software 120

GlobalTranz

JULY 13, 2015

Throughout the supply chain, the use of metrics to track and understand processes provides an invaluable resource for ensuring increased production and customer satisfaction. What Distribution Center Metrics Need Tracking? However, the most important metrics can be categorized into the following eight areas. On-Time Shipping.

Procurement Analytics 120

Procurement Analytics Metrics Distribution Inventory Reduction 120

GlobalTranz

SEPTEMBER 22, 2016

The roles of logistics and procurement in an efficient supply chain cannot be overstated. According to Paul Myerson , reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. Supply Chain Managers and Procurement Professionals Avoid the Conversation.

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Procurement Solutions Optimal Sourcing 120

Supply Chain Matters

JULY 5, 2023

National labor contract renewal talks among parcel transportation and logistics services provider UPS and the International Brotherhood of Teamsters labor union have reportedly stalled after indications that a settlement was in reach several days ago. The existing contract between these two parties expires at midnight on July 31.

Procurement Analytics 52

Procurement Analytics Report Supply and Demand North America 52

GTG Technology Group

FEBRUARY 11, 2019

6 Transportation Industry Trends to Look for in 2019. New opportunities in the transportation industry are thriving. Transportation professionals seeking to stay on top of trends in the industry look to implementing these trends. Focus on Data Analytics. Disruption of Transportation Industry.

Trends 36

Trends Transportation Analytics Software Industrial 36

Logistics Viewpoints

DECEMBER 14, 2021

With the pandemic, consumer loyalty started bleeding in almost every industry. Q-Commerce companies can leverage advanced analytics and automation technologies to make this process almost a no-touch one. How to minimize transportation costs? And how to optimize the entire transportation network? Route Optimization.

Supply Chain Planning Software 193

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimization Software 193

ThroughPut

MARCH 28, 2024

Integrating Artificial Intelligence (AI) within different segments of the Food Industry, including transportation and logistics, production planning, quality control, and others has kicked off revolutionary transformations. The market size of AI in the food industry , including the beverages sector is set to cross USD 9.68

Case Study 52

Case Study Optimal Sourcing Supply Chain Planning Software Food 52

Zipline Logistics

MAY 25, 2021

Everything from food and beverage products to home improvement items saw a significant consumption bump as buyers, sidelined by pandemic restrictions, diverted their purchasing habits from experiences to consumer goods. This performance decrease also came as shippers were forced to pay more in transportation costs across the board.

Procurement Analytics 69

Procurement Analytics Food Report Optimal Sourcing 69

The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

The sixth assessment report by the Intergovernmental Panel on Climate Change (IPCC) published in August 2021 once again stressed the importance and urgency of decarbonising all sectors of the economy. However, the trucking industry is highly fragmented, composed of many small and medium-sized carriers.

Resource Reduction 237

Resource Reduction Cost Reduction Strategies Freight Optimal Sourcing 237