ThroughPut

APRIL 30, 2024

Exploring the world of AI tools for supply chain and logistics can be quite overwhelming. That’s why we put together this guide – to help you get a glimpse of the best AI tools for supply chain and logistics, how to implement these tools, what to take care of and more. Best AI Tools for Supply Chain and Logistics 1.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

Supply Chain Game Changer

FEBRUARY 11, 2021

But few people really understand what it is, how it works and more importantly, why it is so important to Procurement. This paper seeks to answer those questions and specifically address its benefits to the Procurement process by addressing the following checklist: Checklist. What is Artificial Intelligence or AI?

Procurement 93

Procurement Modeling Software Analytics Software Supply Chain Network Software 93

Supply Chain Game Changer

SEPTEMBER 9, 2020

Digital Procurement article and permission to publish here provided by Katherine Barrios of xeneta.com. The Hackett Group has recently released their analysis of their procurement benchmarking database. It demonstrates the advantages of working with a digital procurement strategy. Important Digital Procurement Trends.

Optimal Sourcing 58

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Procurement 58

GlobalTranz

JULY 28, 2021

Managed transportation is about streamlining and centralizing the whole process of both inbound and outbound logistics, ranging from warehousing through delivery. Orchestrated outsourcing is more common in logistics, where businesses require close coordination with a supplier who has a core competency in a particular discipline.

Optimal Sourcing 317

Optimal Sourcing Optimization Software Network Optimization Supply Chain Optimization 317

ModusLink Corporation

SEPTEMBER 7, 2023

This blog delves into industry-leading inventory management best practices. They represent distinct facets of the broader logistics and operations landscape. Beyond physical control, inventory management provides essential data and insights that enable informed decision-making in areas such as procurement and stock replenishment.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

This blog delves into industry-leading inventory management best practices. They represent distinct facets of the broader logistics and operations landscape. Beyond physical control, inventory management provides essential data and insights that enable informed decision-making in areas such as procurement and stock replenishment.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

This blog delves into industry-leading inventory management best practices. They represent distinct facets of the broader logistics and operations landscape. Beyond physical control, inventory management provides essential data and insights that enable informed decision-making in areas such as procurement and stock replenishment.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

SCMDOJO

JULY 29, 2022

While Total Landing Cost (TLC) includes other types of costs like; transporting, storage, risk, delivery, and quality, and the more complicated analysis, the Total cost of ownership (TCO) , includes the TLC, in addition to the ongoing lifetime, operating, durability, end-life disposal cost, …etc. Bowersox, Supply Chain Logistics Management.

Sourcing Strategies 106

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Boston 106

GlobalTranz

OCTOBER 6, 2021

As the state of the trucking market evolves and innovations improve , OTR freight management technologies and logistics service providers offer transportation management optimization to help businesses avoid significant supply chain disruption. Download the White Paper: Over the Road Freight Management Trends.

Prescriptive Analytics Software 216

Prescriptive Analytics Software Analytics Software Optimal Sourcing Supply Chain Network Software 216

GlobalTranz

NOVEMBER 28, 2016

Editor's Note: Today's blog is by our great friend, Chuck Intrieri where he gives us a fantastic example of how Procurement and Suppliers can enhance Supplier Relations by navigating the "Battle of the Forms.". Battle of the Forms: Will You Win, Lose or Draw? In the legal world, we call this situation a “Battle of the Forms.”

Negotiate Pricing 120

Negotiate Pricing Manufacturing Procurement Optimal Sourcing Purchasing Skills 120

GlobalTranz

NOVEMBER 29, 2016

Editor's Note: Today's blog is the second part of Chuck Intrieri's series on how procurement and suppliers can avoid issues with their contracts. Procurement and suppliers often assume that small print is highly complicated legal jargon that is both boring and largely irrelevant. How to Begin Your Terms.

Procurement Analytics 120

Procurement Analytics Manufacturing Procurement Procurement How To 120

Supply Chain Game Changer

NOVEMBER 15, 2018

Blog post originally created and published by, and permission to publish here provided by, Sam Jenks at [link] Check out the Kodiak Rating blog at [link]. Procurement professionals have the same question looming over their head on a daily basis: “How do you plan on dealing with digitalization?”. Subscribe Here! Email Address.

Procurement Solutions 53

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Planning Software 53

Supply Chain Matters

AUGUST 7, 2023

Supply Chain Matters highlights additional developments, evidence and added signs that reinforce that there will be no peak holiday focused surge in transportation and logistics in the latter half of 2023. A similar acknowledgement came from the CEO of global shipping and logistics services firm A.P. percentage points since March.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Transportation Logistics Warehousing 52

TMC

SEPTEMBER 1, 2016

There are many causes of data proliferation, but here are five that, in our experience, are especially relevant in the logistics space. For example, the shipping department needs to monitor metrics such as on time delivery and cycle times, but procurement relies on a different mix of measures. Functional misalignment.

Analysis 48

Analysis Analytics Software Sourcing Strategies Supply Chain Planning Software 48

SYSPRO Smarter ERP

JULY 3, 2023

ML systems can identify patterns from the large amounts of structured and unstructured business and industry data that companies increasingly collect, and provide analysis and insights to users to help their decision-making. Product development When designing a new product or improving an existing one, extensive data analysis is required.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Manufacturing Data 98

Freightos

AUGUST 26, 2015

The Experts’ Choice of the Top Online Logistics Resources. Intro Email Newsletters News Sites Social Media Influencers Blogs Unexpected Places. So I went straight to the source and asked consultants, trade reporters, Wall Street Journal reporters and others, what their go-to logistics and supply chain sources were.

Resource Reduction 120

Resource Reduction Resources Logistics Network Optimization Software Logistics 120

Supply Chain Shaman

NOVEMBER 11, 2020

In this blog, I share my thoughts on recent announcements. Purchases include ICON-SCM in 2013; SERUS Corporation in 2014; Orchestro and Terra Technology in 2016; Steelwedge and Zyme in 2017; Inttra, Cloud Logistics, Entomo and Birch Worldwide in 2018; and Amber Road in 2019. They are just too risky. Thumbs Down Rating.

Supply Chain Design Software 317

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 317

Claritum

JUNE 13, 2019

Claritum Article - Procurement Blog. I took on the challenge of writing a condensed version of all the current Procurement challenges. I believe the issue with these articles is the broad range encompassed by the word Procurement and the constant change within this domain. Procurement Domain Name. Introduction.

Manufacturing Procurement 32

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 32

TMC

JANUARY 14, 2016

There are many causes of data proliferation, but here are five that, in our experience, are especially relevant in the logistics space. For example, the Shipping Department needs to monitor metrics such as on time delivery and cycle times, but Procurement relies on a different mix of measures. Functional misalignment.

Analysis 54

Analysis Analytics Software Supply Chain Planning Software Sourcing Strategies 54

GlobalTranz

JUNE 23, 2021

Increase Stability of Transportation Procurement and Management by Partnering With GlobalTranz. Increase Stability of Transportation Procurement and Management by Partnering With GlobalTranz. For the foreseeable future, the LTL market will continue to be complex with capacity and pricing uncertainty. Request a consultation ?with?

3PL 253

3PL Transportation Supply Chain Planning Software Real Estate 253

Supply Chain Matters

JUNE 21, 2022

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. business logistics costs reportedly rose by 22.4 For 2021, U.S. percent to $1.85

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

SCMDOJO

MARCH 8, 2024

In this blog, we’ll explore some key inventory optimization strategies that can benefit businesses of all sizes and industries. By conducting a value-benefit analysis using a points-based system, businesses can prioritize strategies based on their potential benefits and ease of implementation.

Inventory Reduction 82

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 82

My Office Apps

AUGUST 31, 2023

These systems have become strategic orchestrators of business processes, encompassing finance , procurement , manufacturing , and more. Through real-time data analysis, AI augments ERP functionalities by making predictions, identifying patterns, and suggesting optimal decisions.

Optimal Sourcing 70

Optimal Sourcing Inventory Management Software Supply Chain Planning Software Forecasting Software 70

SCMDOJO

DECEMBER 14, 2023

With this in mind, we will explore in this blog the definition of Lead Time, its impact, and how mastering it can be your competitive advantage. Procurement Lead Time: Efficient procurement lead time ensures timely access to raw materials, a fundamental step toward efficient production.

Inventory Reduction 79

Inventory Reduction Vendor Strategies Waste Reduction Cost Reduction Strategies 79

Claritum

MAY 12, 2019

Claritum Article - Procurement Blog. Technologies and Procurement Table. There are a lot of articles around on what Procurement needs to do; how Procurement needs to change; and how technology will fundamentally change Procurement. 2 Technologies and Procurement Table. Virtual Procurement Agents.

Analytics Software 36

Analytics Software Predictive Analytics Software Modeling Software Supply Chain Network Software 36

Freightos

MARCH 12, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Asia-US East Coast prices(FBX03 Weekly) fell 8% to $6,107/FEU. Europe – N. America weekly increased 4% to $2.08/kg. American ocean rates are down 10% from their peak, with Asia – N.

Negotiating Skills 281

Negotiating Skills Optimal Sourcing Asia Europe 281

SYSPRO Smarter ERP

MARCH 27, 2023

Consider how the location of manufacturing plants might be changed to be closer to end customers, to ensure a faster response to changing consumer demands, avoid tariffs, and cut logistics costs. Greater cross-functional decision-making should be implemented with finance, procurement , and supply chain working together.

Manufacturing Procurement 104

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Modeling 104

Enterra Insights

OCTOBER 26, 2023

Striking the right balance for resilience investments is hard but it’s better to make some assumptions and take action than to get stuck in analysis paralysis.” As Davis notes, “Risk-resilient supply chains integrate design, planning, manufacturing, logistics, maintenance, and service. 4] Rashid, op. 7] Rashid, op.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Gartner 130

Supply Chain Shaman

FEBRUARY 14, 2022

They gave lip service to the need for IT standardization, but ran their process on a custom built model that enabled reverse bill of material, and profitability analysis. They were ahead of their time on simulation analysis and cross-functional orchestration.). I give you this evidence in this blog.). Mistake #5. Measurement.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Matters

MAY 22, 2024

With as much as 90 percent of international trade being transported across ocean waterways, there are important findings for multi-industry supply chain and logistics management teams included in this report. © Copyright 2024, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. All rights reserved.

Shipping 52

Shipping Sourcing Strategies Baltimore Supply Chain Design Software 52

ThroughPut

SEPTEMBER 1, 2020

What is Logistics Forecasting? Logistics demand forecasting is the process of accurately anticipating the demand for products, services, and shipments throughout the supply chain. Why is Logistics Forecasting a Complex Process? Are you Forecasting Logistics Accurately? Are you Forecasting Logistics Accurately?

Forecasting 52

Forecasting Forecasting Software Price Reduction Waste Reduction 52

GlobalTranz

SEPTEMBER 23, 2021

The state of the trucking market in 2021 is uncertain, filled with risk, and continues to evolve, making logistics management challenging.? A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. United States Business Logistics Costs fell by around 4% to end up at an estimated$1.56

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Supply Chain Matters

JANUARY 11, 2023

Shared in our commentary was that relatively little known Starboard provided information technology and data analysis capabilities resulting in the opportunity for a new generation of supply chain network design analysis and decision support capabilities. Added Importance. Logility Update.

Network Design Software 52

Network Design Software Logility Procurement Solutions Supply Chain Design Software 52

GlobalTranz

APRIL 6, 2015

Editor’s Note: This blog post is from SupplyChainOpz. As a transportation management third party logistics company, we know at Cerasis that transportation makes up a large portion of the costs and efficiencies of any supply chain. Hence, managing complexity has become an accepted fact of managing procurement processes.

Optimal Sourcing 120

Optimal Sourcing Manufacturing Procurement Trends Supply Chain Planning Software 120

Freightos

JANUARY 30, 2024

Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. And though there were expectations of a significant move to air and sea-air logistics, so far the shift seems moderate and more pronounced for sea-air than for air cargo.

Negotiating Skills 270

Negotiating Skills Optimal Sourcing Asia Europe 270

Enterra Insights

APRIL 6, 2021

The RLM can help determine what type of analysis is best-suited for the data involved in a high-dimensional environment (i.e., By forecasting future supply chain and logistical events, companies can gain a competitive advantage and prevent monetary loss due to inaccurate stocking, and mismanagement of goods, deliveries, and time.”[5]

Predictive Analytics Software 113

Predictive Analytics Software Predictive Analytics Analytics Software Modeling Software 113

Resilinc

DECEMBER 5, 2023

In this new multi-part blog series, we address the possibilities of supply chain AI and how new capabilities and machine learning algorithms are revolutionizing supply chain risk management (SCRM). In 2023, we further recognized the potential of large language models ( LLMs ) for event classification and sentiment analysis.

Supply Chain Risk Management 75

Supply Chain Risk Management Risk Management Modeling Agile and Lean Supply Chain 75