Talking Logistics

APRIL 30, 2019

More driver-friendly practices increased, including flexible appointment scheduling and improved driver detention, allowed drivers to maximize their hours-of-service, which increased overall capacity in the freight network. Optimization initiatives reduced over-the-road truckload demand. Spot Market: Current Rates and Trends.

Optimal Sourcing 138

Optimal Sourcing Transportation Price Reduction Price Mitigation Strategies 138

Jaggaer

MAY 12, 2020

In five to ten years, procurement in many of the world’s leading companies will be “truly digital”. They will have succeeded in transforming their procurement organizations to leverage artificial intelligence-based technologies to achieve autonomous procurement. Autonomous Procurement: The Reality versus the Hype.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Design Software Procurement Predictive Analytics Software 52

Talking Logistics

MAY 14, 2019

The cost of poor quality is so closely related to supplier quality and compliance that manufacturers must give the proper attention and resources to the optimization of their upstream partnerships. Finished products have high ratios (average 50%) of sourced or procured product content. These opportunities sustain a competitive edge.

Supply Chain Planning Software 159

Supply Chain Planning Software Quality Supply Chain Software Supply Chain Network Software 159

SCMDOJO

AUGUST 16, 2023

A well-optimized supply chain not only ensures efficient delivery and cost-effectiveness but also provides companies with a competitive advantage in the market. The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting.

Inventory Reduction 77

Inventory Reduction Vendor Strategies Supply Chain Planning Software Price Reduction 77

Enterra Insights

JUNE 11, 2018

Supply chains are networks not chains. Chris Sawchuk, Principal & Global Procurement Advisory Practice Leader at The Hackett Group concludes, “In short, the objectives of supply chain won’t change. A global trade network is a living ecosystem of supply chain partners all connected through one technology platform.

Supply Chain Planning Software 113

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Supply Chain Optimization 113

Enterra Insights

AUGUST 2, 2019

He was hired as a purchasing agent and was directed to obtain some procurement training at a local certificate mill.[1] When it comes to supply chain management, such rapid advances are forcing organizations to constantly re-evaluate their networks and use digital technology to significantly enhance their services.

Optimal Sourcing 100

Optimal Sourcing Manufacturing Procurement Logistics Network Optimization Software Logistics 100

Claritum

OCTOBER 3, 2017

Claritum Article - Procurement Blog. As featured in the ‘ The 10 Most Innovative Procurement Solution Providers ’ article published in the September 2017 Insights Success Magazine , Claritum discuss the drive for a New Wave of Easy-to-use Procurement Products…. This was the catalyst for starting Claritum.

Optimal Sourcing 32

Optimal Sourcing Procurement Solutions Manufacturing Procurement Procurement Analytics 32

Enterra Insights

FEBRUARY 13, 2019

Machine learning can prove useful all along the supply chain from procurement to production to marketing to after sales support. “Reducing freight costs, improving supplier delivery performance, and minimizing supplier risk are three of the many benefits machine learning is providing in collaborative supply chain networks.”

Optimal Sourcing 124

Optimal Sourcing Columbus Procurement Analytics Predictive Analytics 124

Talking Logistics

NOVEMBER 2, 2017

Companies need tools to assess the impact of these disruptions spanning the participants in the network with contingency plans for action to stay ahead. Companies need better visibility across their entire supply chain network to assess and mitigate their risks. All participants are involved beyond suppliers and manufacturers.

Supply Chain Planning Software 101

Supply Chain Planning Software Supply Chain Network Software Supply Chain Software Predictive Analytics Software 101

Supply Chain Shaman

NOVEMBER 27, 2016

Here I share insights on the work we are doing on the Network of Networks, and Five Trends that Excite Me. Building the Network of Networks. While many technology companies have co-opted the network of networks message, today there is no interoperability between network solutions.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Trends Prescriptive Analytics Software 150

The Logistics & Supply Chain Management Society

NOVEMBER 14, 2021

“I joined Schneider Electric Schneider Electric in Singapore with Global responsibility for Logistics and Network Design in 2013. In 2017 I also assumed responsibility for Field Services and in 2019 Data Excellence & Analytics embracing digital transformation driving our Tailored, Sustainable and Connected 4.0

Sourcing Strategies 246

Sourcing Strategies Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software 246

Supply Chain Shaman

MARCH 18, 2018

Financial reengineering focuses on the optimization of short-term results that are usually based on a functional analysis of source, make, or deliver. 2017 was a tough year for Mondelez. One of their consulting partners incorrectly recommended the use of the optimizer in SAP SNP for tactical planning. ” Let me explain.

Optimal Sourcing 174

Optimal Sourcing Supply Chain Planning Software Supply Chain Optimization Supply Chain Design Software 174

Enterra Insights

FEBRUARY 6, 2020

Kearney, explain, “Even today’s most digitally advanced supply chains still try to predict what will happen, then optimize performance against plan. That way, if disruption strikes a distant part of your network, you’ll be able to spot it earlier and take steps to reduce the impact.” Know your network. ”[4].

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Transformation Supply Chain Software Agile and Lean Supply Chain 100

Enterra Insights

JULY 30, 2018

The smart networks we know so well are becoming intuitive networks.”[2] Tompkins notes, “By leveraging the network effect and economies of scale in multi-client environments, supply chains can become more local. But even the best have not fully integrated across their distribution, e-commerce, and store networks. …

Supply Chain Transformation 100

Supply Chain Transformation Agile and Lean Supply Chain Supply Chain Software Supply Chain Strategy 100

The Logistics of Logistics

JULY 9, 2021

In 2003, Mike founded his own successful freight brokerage, Advantage Freight Network (AFN), growing it to over $170M. Mike then founded Sleek Fleet in 2017, which is now Sleek Technologies. As a broker insider, Mike saw first-hand how antiquated the freight procurement process was for manufacturers, retailers and distributors.

Cost Reduction Strategies 245

Cost Reduction Strategies Optimal Sourcing Logistics Network Optimization Software Supply Chain Network Software 245

Enterra Insights

MARCH 26, 2018

In another article, Nahata predicts, “By 2021, 25% of large global companies will be piloting or using artificial intelligence automation in transactional procurement.”[5] There were only a handful of e-commerce companies offering this feature in 2017 but the trend will pick up in 2018.” 5] Sawaram Suthar ( @sawarams ?),

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Software Supply Chain Planning Software Predictive Analytics Software 100

Resilinc

JUNE 21, 2023

This book is co-authored by Tom Linton, an esteemed Resilinc advisory board member with an extensive international industrial background in procurement and supply chain management, including experience with Flex, LG Electronics, IBM, and Agere Systems that span over three decades. Donohue, CEO of the U.S. Chamber of Commerce. #3

Supply Chain Software 62

Supply Chain Software Supply Chain Strategy Agile and Lean Supply Chain Supply Chain Optimization 62

Supply Chain Network

OCTOBER 27, 2017

BOSTON, MA, October, 27, 2017 – Research recently published by the University of Tennessee, Knoxville’s Global Supply Chain Institute , and sponsored by Maine Pointe , identifies collaboration as one of six key elements of creating competitive advantages through supply chains. Maine Pointe calls this Total Value Optimization (TVO)™.

Optimal Sourcing 101

Optimal Sourcing Supply Chain Planning Software Gartner Supply Chain Optimization 101

Logistics Bureau

JANUARY 7, 2020

Implemented cross-docking in its supply network to enable inventory reductions. Supply Chain Network Design. Given this impact on business success, it’s disconcerting to realise that just 22% of companies take an active approach to supply chain network design. . Pioneered the use of vendor-managed inventory.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 101

Enterra Insights

APRIL 8, 2019

They need a general understanding of everything from procurement of raw materials to customer service. How can resources be procured at the best price? Thousands of SKUs, hundreds of transportation lanes and countless business partners must be managed in tandem to optimize business performance and serve the end-customer.

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chain Optimization 100

Enterra Insights

JUNE 14, 2019

AI is helping organizations manage their networks, ensure compliance, and meet requests. will be built on a foundation of cognitive technologies helping to automate and optimize processes as well as helping develop new products. AI systems can be used across supply chain networks from procurement to last mile delivery.

Supply Chain Network Software 113

Supply Chain Network Software Optimization Software Analytics Software Predictive Analytics Software 113

Logistics Viewpoints

JANUARY 11, 2021

Jeff Tramel, the Vice President of Global Procurement, at NTT DATA Services. SAP recently announced that NTT DATA Services, a global digital business and IT services company, had achieved $125 million in value based on a digital transformation of their procurement function. The procurement function is self-funded.

SAP 174

SAP Negotiate Pricing Optimal Sourcing Negotiating Skills 174

C3 Solutions

JULY 30, 2020

In spite of Nielsen's optimism, IoT still has a long way to go before it becomes mainstream technology and that perfect supply chain is realized. Nobody wants to be the guinea pig," Intel's global logistics procurement director Greg Christensen told the authors of the 2019 State of Logistics Report. Miles to Go. Where's the ROI?

Gartner 127

Gartner Internet of things Supply Chain Design Software Supply Chain Software 127

IQMS

OCTOBER 18, 2019

Bottom line: Machine learning makes it possible to discover patterns in supply chain management data by relying on algorithms that quickly pinpoint the most influential factors to a supply networks’ success, while constantly learning in the process. 15th, 2017 (PDF., no opt-in). Decision Support Systems , 76 45-52.

Supply Chain Planning Software 73

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 73

DELMIA Quintiq

SEPTEMBER 16, 2021

Meeting these objectives, on top of addressing existing industry challenges, requires steel manufacturing companies to become more efficient and flexible in their operations—and this means optimizing their master production schedules. 1] Inventory Management 101 – The Master Production Schedule Explained, OptiProERP Manufacturing, May 2017.

Optimal Sourcing 287

Optimal Sourcing Supply Chain Optimization Network Optimization Optimization Software 287

Enterra Insights

MAY 3, 2018

David Egan, head of industrial and logistics research in the Americas for the CBRE Group, told Burnson, “These mega-facilities serve as the backbone of retailers’ fulfillment networks, distributing goods across multi-state regions. ” Customer Think , 29 April 2017. [4] Footnotes. [1] ” SAP, 6 January 2016. [3]

Omnichannel 100

Omnichannel Procurement Analytics Supply Chain Design Software Analytics Software 100

Enterra Insights

MAY 31, 2019

The advent of smartphones and social networking apps, for instance, has transformed how people communicate and search for information. ” Here, too, cognitive solutions, like the Enterra Supply Chain Intelligence System can help stakeholders optimize operations. He then asks, “Is your business keeping up with these changes?”

Price Reduction 100

Price Reduction Cost Reduction Strategies Sourcing Strategies Omnichannel 100

Logistics Viewpoints

JANUARY 11, 2021

Jeff Tramel, the Vice President of Global Procurement, at NTT DATA Services. SAP recently announced that NTT DATA Services, a global digital business and IT services company, had achieved $125 million in value based on a digital transformation of their procurement function. The procurement function is self-funded.

SAP 137

SAP Negotiate Pricing Optimal Sourcing Negotiating Skills 137

Talking Logistics

APRIL 17, 2018

Again and again, digitization and data were at the heart of panel and networking conversations. There was optimism and excitement, but the stories of transformative success were few and far between. Even headline speakers were professing “data got sexy” and data is now a core strategy for companies looking to succeed.

Prescriptive Analytics Software 114

Prescriptive Analytics Software Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 114

Talking Logistics

MARCH 4, 2016

This self-service 4-session course provides an overview of how to build a strong transportation management foundation, with a focus on strategy development, procurement, the role of technology, and the importance of enabling a continuous improvement culture and processes. regulators seek more input on truck fuel efficiency rules ( Reuters ).

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Planning Software Forecasting Software Supply Chain Network Software 0

ThroughPut

OCTOBER 1, 2020

From global losses due to earthquakes, floods, fires that reached $150 billion in 2019 to the nearly $350 billion in losses recorded in 2017, these high costs, in combination with long recovery times, have triggered many companies to reassess their supply-chain strategies and footprints to make them more resilient to any kind of disruption.

Supply Chain Risk Management 52

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Design Software 52

Logistics Bureau

JANUARY 25, 2017

The variety of functions involved – product design, procurement, warehousing, production, transport, distribution, sales, for instance – encourages demand for new employees and multiplies possibilities for moving around inside too. Networking. Workflow optimization. Supply Chain Skills and Roles. Financial planning. Forecasting.

Negotiating Skills 40

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Purchasing Skills 40

Requis

JULY 14, 2020

I did an update on that piece in 2017, and then did a deep dive on shipping. So, you’re constantly running an optimization, and the minute you take one action, the entire environment has changed, and you now must account for that. Those posts are what really put me on the map for other people who are really focused on this.

Supply Chain Software 126

Supply Chain Software Supply Chain Strategy Pharmaceutical Supply Chain Optimization 126

Aera Technology

AUGUST 16, 2018

are transforming capabilities to manage this massive network of manufacturers, distributors, pharmacies and patients. to optimize its operations. A few months ago, Crunchbase reported that in the third quarter of 2017, a whopping $1.165 billion was invested in American AI startups. ATP is just one example.

Pharmaceutical 40

Pharmaceutical Supply Chain Planning Software Supply Chain Software Forecasting Software 40

NC State SCRC

APRIL 27, 2019

In effect, this suggests that we need to work together, and by understanding one another more, we can reach an optimal outcome. Dan noted that “GM was in last place in 2016-2017, and we were dead last in terms of how well we were to work with. In this situation, we could not be competitive.

Optimal Sourcing 40

Optimal Sourcing Procurement Solutions Purchasing Skills Resource Reduction 40

FLEXE

MARCH 16, 2017

In 2017, subscription boxes are on track to generate $40 billion in revenue. With an outsourced, on-demand distribution network, subscription box retailers can save money on logistics and invest more time and money into marketing, customer engagement, and quality of products and packaging. Building Your Network.

Modeling 31

Modeling Supply and Demand Demand Planning Software Cost Reduction Strategies 31

FLEXE

OCTOBER 11, 2018

With FLEXE, Lull gained a software platform to manage inbound and outbound shipments while tracking real-time inventory levels across their FLEXE network of fulfillment centers. In January 2017, Lull moved into their first FLEXE location. What would normally take months, only took a matter of days.

Case Study 28

Case Study Inventory Reduction Cost Reduction Strategies Resource Reduction 28