Logistics Viewpoints

FEBRUARY 14, 2024

Sourcing and procurement comes in close second at 88 percent, followed by innovation at 87 percent. Sourcing and Procurement In sourcing and procurement, the top focus area for 2024 continues to be supplier/vendor relationship management (SRM). With the continued challenges facing supply chains, that is no surprise.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 246

Enterra Insights

AUGUST 16, 2022

Last Mile Innovation. For that reason, retailers continue to look for innovative ways to reduce costs. The Swiss project is not the only last mile innovation in the works. .”[2] Although inflation has cooled the hot warehouse market a bit, last mile logistics remains an important area of focus for most retailers.

Innovation 130

Innovation Supply Chain Planning Software Waste Reduction Supply and Demand 130

Enterra Insights

AUGUST 16, 2022

Last Mile Innovation. For that reason, retailers continue to look for innovative ways to reduce costs. The Swiss project is not the only last mile innovation in the works. .”[2] Although inflation has cooled the hot warehouse market a bit, last mile logistics remains an important area of focus for most retailers.

Innovation 130

Innovation Supply Chain Planning Software Waste Reduction Supply and Demand 130

EC Sourcing Group

NOVEMBER 8, 2023

These innovations aren’t just upgrades—they are game-changers, reshaping the procurement landscape and setting the bar for what’s possible. Here are the five game-changing eSourcing innovations that demand your immediate attention. Here are the five game-changing eSourcing innovations that demand your immediate attention.

Optimal Sourcing 52

Optimal Sourcing Analytics Software Optimization Software Sourcing Strategies 52

Logistics Viewpoints

MARCH 27, 2024

Examples of Supply Chain Robots at MODEX 2024 Several exhibitors at MODEX 2024 showcased their innovative solutions for supply chain robotics, demonstrating the diversity and potential of this field. NLP can also help robots to access and process information from various sources, such as manuals, databases, or websites.

Analytics Software 214

Analytics Software Predictive Analytics Software Optimization Software Supply Chain Network Software 214

AIMMS

FEBRUARY 9, 2017

If you’ve read up on the latest topics in the field of data analysis, then you’ve probably encountered the term Prescriptive Analytics. Prescriptive Analytics is a type of Advanced Analytics that results in a recommended action. Supply chain teams are curious about adopting Prescriptive Analytics and exploring the benefits.

Prescriptive Analytics Software 156

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 156

Silvon Software

AUGUST 8, 2022

Plus, changing consumer behaviors and demands are leading businesses to adopt newer technologies and innovations so they can adapt and evolve at a faster rate. To address these issues, manufacturers and distributors are focusing more on the use of data analytics to help them make more strategic decisions related to supply chain performance.

Analytics Software 79

Analytics Software Supply Chain Planning Software Predictive Analytics Analytics 79

ThroughPut

FEBRUARY 2, 2024

is advanced supply chain analytics. Advanced supply chain analytics is turning the current uncertainty into strategic foresight. In this blog, we’ll delve deeper into the potential of advanced supply chain analytics and understand why it is the need of the hour.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

ModusLink Corporation

APRIL 27, 2023

Global Fulfillment Innovation Centers on ESG in 2023. Establishing an innovative and effective marketing strategy boosts communication with all involved parties easier. This requires focusing on sustainability, transparency, and innovation across the supply chain.

Inventory Reduction 78

Inventory Reduction Waste Reduction Innovation Optimal Sourcing 78

ThroughPut

DECEMBER 6, 2023

Thanks to the more advanced forms of supply chain analytics like predictive analytics, supply chains are proactively looking into the future and prepping for “what is to come” rather than only ruminating over “what already happened.” What Is Predictive Analytics for Supply Chain?

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

Supply Chain Shaman

SEPTEMBER 22, 2021

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. Using Analytics In the World of Gray.

Optimal Sourcing 219

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 219

EC Sourcing Group

JUNE 14, 2023

In the dynamic world of procurement , sourcing teams are constantly on the lookout for innovative strategies to drive cost savings and improve supplier relationships. With increasing interest from companies of all sizes around the globe, reverse auctions are revolutionizing the way sourcing teams approach negotiations.

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Negotiating Skills Negotiate Pricing 52

Supply Chain Shaman

SEPTEMBER 30, 2022

The term is a spin-off of the “Big Data” work from the open source innovation of the last decade. As shown in Figure 1, only 3% of companies consider themselves innovators. The obstacles for innovators are intense. Innovation Openness. Familiarity with New Analytic Approaches. I don’t know.

Manufacturing Procurement 219

Manufacturing Procurement Supply Chain Software Buyer Training Analytics Software 219

Intelligent Audit

JANUARY 12, 2023

are sliding, freight rates are falling as a result,” according to an article in The Wall Street Journal and various other sources. In response, logistics professionals seek innovative ways to improve operations efficiency. Analytics and business intelligence can help. Analytics and business intelligence can help.

Optimal Sourcing 52

Optimal Sourcing Analytics Software Optimization Software Logistics Network Optimization Software 52

SYSPRO Smarter ERP

SEPTEMBER 6, 2022

There is a common cliche that necessity is the mother of invention – and by extension, innovation. The past two and half years have certainly brought a variety of challenges and opportunities that have made innovation not just a preference, but essential for manufacturers and distributors to thrive into the future.

Manufacturing Procurement 111

Manufacturing Procurement Innovation Optimal Sourcing Manufacturing 111

EC Sourcing Group

NOVEMBER 8, 2022

??Meeting the Demand in Sourcing and Procurement. In recent years, considerable efforts have been made to simplify and streamline sourcing, procurement, and overall supply chains to meet demand more effectively. Sourcing and Procurement Optimization : Speed and Transparency. Savings tracking and analytics .

Optimal Sourcing 52

Optimal Sourcing Demand Planning Software Sourcing Strategies Supply Chain Software 52

AIMMS

FEBRUARY 9, 2017

If you’ve read up on the latest topics in the field of data analysis, then you’ve probably encountered the term Prescriptive Analytics. Prescriptive Analytics is a type of Advanced Analytics that results in a recommended action. According to Gartner’s Forecast Snapshot , the Prescriptive Analytics software market will reach $1.1

Prescriptive Analytics Software 120

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Optimization Software 120

GlobalTranz

DECEMBER 15, 2016

Editor's Note: Today's blog is from our friend Derrick Rehn with FusionOps who shows us how big data analytics can benefit you in your supply chain. . As big data analytics offer a sizeable competitive advantage for many industries, the drive to deliver cutting edge innovation in data analytics is ever increasing.

Big Data 120

Big Data Analytics Software Analytics Cost Reduction Strategies 120

Kinaxis

AUGUST 5, 2014

This key supplier had been identified and sure enough, you have a second source primed and ready to go. We have a problem.” The alternate source uses the same supplier in Taiwan. Adding to this challenge is the reluctance of suppliers to share their sources with their customers for competitive reasons.

Inventory Reduction 267

Inventory Reduction Supply Chain Planning Software Sourcing Strategies Supply Chain Strategy 267

American Global Logistics

SEPTEMBER 12, 2023

In today's rapidly evolving business landscape, innovation has become a key driver of competitive advantage. This article explores the importance of innovation in supply chain management and highlights key areas where innovation can revolutionize traditional practices. Recycling and reuse lend themselves to innovation.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Supply Chain Software 52

Supply Chain Shaman

MARCH 20, 2016

The new world of supply chain analytics is my current research project. There is a great need for improved supply chain analytics. The first generation of supply chain analytics were an extension of solutions with three letter acronymns–ERP, CRM, SRM, SCE, and APS. Evolution of Supply Chain Analytics Architectures.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Analytics Software Analytics Supply Chain Planning Software 150

EC Sourcing Group

OCTOBER 4, 2022

Strategic Sourcing Solutions to Enhance Your Bottom Line. Strategic sourcing is vital to procurement and the supply chain overall, as it allows companies to gain the lowest cost of a good or service while minimizing supply chain risk. What Is Strategic Sourcing?

Negotiating Skills 52

Negotiating Skills Purchasing Skills Sourcing Strategies Procurement Solutions 52

Talking Logistics

DECEMBER 5, 2017

Managed analytics is an integrated information process that’s been field-tested and proven to drive improved supply chain performance. The Fundamentals of Managed Analytics. Seasoned supply chain analysts and engineers on our team can then use these results to glean insights and drive innovation.

Prescriptive Analytics Software 105

Prescriptive Analytics Software Analytics Software Supply Chain Design Software Predictive Analytics 105

Supply Chain Shaman

MARCH 27, 2023

As discussions full of oxymorons, acronyms, and juxtapositions fill the air, I think that it is time to step back, and rethink planning based on the opportunities that new forms of analytics and data give us. True innovation is never defined initially by a mandatory Return on Investment (ROI).) Buyer beware. I don’t think so.

Supply Chain Planning Software 308

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 308

AIMMS

JUNE 23, 2016

When it comes to Supply Chain Analytics, an “Apps approach” can have just as many benefits. But what exactly is a Supply Chain Analytics app? An “Apps approach” to Supply Chain Analytics is ideal for companies that recognize that one big solution is simply inadequate to solve every challenge they have.

Prescriptive Analytics Software 156

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 156

AIMMS

JUNE 23, 2016

When it comes to Supply Chain Analytics, an “Apps approach” can have just as many benefits. But what exactly is a Supply Chain Analytics app? An “Apps approach” to Supply Chain Analytics is ideal for companies that recognize that one big solution is simply inadequate to solve every challenge they have.

Prescriptive Analytics Software 136

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 136

Supply Chain View from the Field

NOVEMBER 6, 2015

I will be leading a webinar with the Sourcing Interest Group next Nov. So how can executives get started with the process of building relationships with stakeholder groups, supporting business strategy and bringing analytical insights to the table? 12 at 2 PM, based on a study I have been working on with some folks at IBM.

Procurement Analytics 60

Procurement Analytics Procurement Solutions Analytics Software Optimal Sourcing 60

GlobalTranz

AUGUST 14, 2018

The value of blockchain and supply chain Analytics is Undisputed, and the capabilities of blockchain Technology are starting to become available two small and midsize businesses, as well as large corporations, such as Walmart. Analytics will be integral to using blockchain to small businesses to prove blockchain value. Think about it.

Analytics Software 121

Analytics Software Supply Chain Software Supply Chain Planning Software Analytics 121

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Applying innovation to supply chains, combines innovative technologies like the Internet of Things (IoT), analytics, and robotics to supply chain management to improve performance and meet customer demands. As Industry 4.0 Cyber Security and Risk. Cyber security is an ever-growing concern among organizations and consumers.

Supply Chain Disruption 246

Supply Chain Disruption Optimal Sourcing Supply Chain Software Agile and Lean Supply Chain 246

ModusLink Corporation

APRIL 22, 2024

By harnessing the capabilities of a global 3PL partner, companies can unlock new possibilities for efficiency, scalability, and innovation in their electronics assembly processes. Continuous improvement initiatives driven by data analytics and feedback mechanisms.

Electronics 78

Electronics 3PL Optimal Sourcing Waste Reduction 78

Arena Solutions

JUNE 9, 2022

Drive innovation. In my opinion, you need to make sure you have the right product design in place at the right level so it can be sourced, it can be built, and it can be shipped. Digital transformation is an essential imperative to: Exceed client expectations and enhance the consumer experience. Gain an advantage over the competition.

Optimal Sourcing 96

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies 96

Logistics Viewpoints

JANUARY 11, 2024

Additionally, your platform still needs to provide your operations with an open portal into the common data lake, establishing access to a source of truth from any system or device in near real-time. With tools built for supply chain transparency and analytics, you can customize dashboards to visualize data in any way that makes sense to you.

Supply Chain Planning Software 228

Supply Chain Planning Software Supply Chain Network Software Analytics Software Forecasting Software 228

DynaSys

OCTOBER 7, 2021

Are you interested in Advanced Analytics for your Supply Chain? Data analytics is widely explained in three approaches and also have helped thousands of companies in all industries gain visibility across the supply chain, collaborate with partners, and better understand risks and opportunities. Sourcing and supplier performance.

Analytics Software 52

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

Enterra Insights

JANUARY 11, 2024

They explain, “Transparency assures consumers, regulators and investors that products are on their way and that sourcing is sustainable, as well as helping avoid compliance fines and enhancing brand and corporate reputation. Sourcing decisions will be based more upon resilience, rather than merely minimizing costs.

Supply Chain Design Software 130

Supply Chain Design Software Optimal Sourcing Supply Chain Software Supply Chain Optimization 130