The Logistics of Logistics

DECEMBER 1, 2023

Princeton TMX includes the following benefits: TMS for Freight Lanes & Rates Planning: Visualize complex shipping scenarios and optimize lanes, rates, and carriers. Automated Freight Procurement & Sourcing: Efficiently match loads with carriers for the best available rates.

Optimal Sourcing 217

Optimal Sourcing Supply Chain Planning Software Optimization Software Analytics Software 217

Supply Chain Shaman

SEPTEMBER 27, 2021

Today, more than 1% of the world’s container ships are stuck off major ports. Warehouses are full–often with the wrong stuff resulting in the slowing of the forty million shipping containers around the world. Too few companies have a holistic approach to embrace the plan, make, source, and deliver together.

Supply Chain Planning Software 339

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 339

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

BlueYonder

OCTOBER 4, 2022

Following on the heels of COVID-19, port closures, labor shortages and geopolitical conflict, climate change-related events are emerging as a significant source of supply chain disruption. The post Climate Change: Yet Another Source of Global Supply Chain Risk and Disruption appeared first on Supply Chain Nation.

Optimal Sourcing 81

Optimal Sourcing Supply Chain Planning Software Sourcing Modeling 81

Oracle SCM

MARCH 3, 2020

Procurement professionals are now playing an increasingly strategic role within their organizations. Procurement of raw materials and components that go into the manufacturing process is essential to ensure final product quality and strong financial performance. The new procurement professional needs a broad set of skills.

Manufacturing Procurement 78

Manufacturing Procurement Procurement Analytics Negotiating Skills Procurement Solutions 78

Intelligent Audit

MAY 27, 2021

Many businesses in the transportation and logistics industry use retail supply chain analytics to predict the future. Using these analytics can be incredibly helpful for even the most inexperienced practitioner. The Perfect Order Rate Retail supply chain analytics helps pinpoint exact numbers.

Analytics Software 52

Analytics Software Predictive Analytics Supply Chain Planning Software Modeling 52

Intelligent Audit

MAY 27, 2021

Many businesses in the transportation and logistics industry use retail supply chain analytics to predict the future. Using these analytics can be incredibly helpful for even the most inexperienced practitioner. Retail supply chain analytics helps pinpoint exact numbers. But their value isn’t limited to forecasting the future.

Analytics Software 52

Analytics Software Predictive Analytics Supply Chain Planning Software Modeling 52

Logistics Viewpoints

AUGUST 8, 2022

Emerge has an interesting new platform to deal with the problems shippers are having procuring truck capacity. It has spot procurement functionality that you would see in a transportation management system (TMS), and the request for proposal (RFP) functionality you would see in contract planning or procurement solutions.

Benchmarking 231

Benchmarking Freight Analytics Software Supply Chain Design Software 231

Supply Chain Shaman

NOVEMBER 15, 2023

The second is, Why are companies focused on traditional risk management investments primarily focused on supply/procurement when the more significant opportunity is balancing risk and opportunity in an increasingly complex world? When he speaks of the supply chain, he means procurement. This is his world. I learned the hard way.

Supply Chain Planning Software 400

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 400

Supply Chain Shaman

MARCH 12, 2019

The IT taxonomy for visibility is supply chain analytics. As you implement supply chain analytics and use control theory with well-defined reference data with clear bands for control, process improvement ensues. These sources while functional are difficult to connect. The team was seeking analytics to monitor process compliance.

Prescriptive Analytics Software 177

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 177

Logistics Viewpoints

JUNE 1, 2023

Continuing Disruptions in Transportation and Sourcing Materials After the pandemic, retailers are faced with new challenges and disruptions due to global conflicts, trade restrictions, and now recessions. Here are some highlights from these trends in 2023 and implications on supply chain planning.

Supply Chain Planning Software 193

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

GlobalTranz

SEPTEMBER 23, 2021

Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing.? Such congestion naturally leads to bottlenecks in planning drayage and eventual increases in the total cost of shipping, not to mention an added strain on trucking as the bottlenecks grow.?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Logistics Viewpoints

DECEMBER 5, 2022

A multi-enterprise supply chain network platform provides network-based order fulfillment applications and advanced network-based supply chain risk analytics. Yes, SAP had inbound ASN’s (advanced ship notices). In one major case in 2017, the Hanjin Shipping company was declared bankrupt by South Korean courts.

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 196

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Source: IDC FutureScape: Worldwide Supply Chain 2022 Predictions — APEJ Implications. Tender documents and responsible source guidance are requiring suppliers to show evidence of their actions to support ESG initiatives, as well as the actions of their suppliers. The Role of Digitisation and Analytics in Supply Chain Resilience.

Supply Chain Design Software 264

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Sustainability 264

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Logistics Viewpoints

AUGUST 5, 2021

Similarly, UPS has strong commitments to sustainability and invests in many options, such as alternative fuel vehicles, e-cycles in dense cities, and carbon offsets for purchase with shipping. We must plan, source, make, and deliver differently for supply chain sustainability. But what about the role of planning?

Supply Chain Planning Software 299

Supply Chain Planning Software Sustainability Material Savings Supply Chain Planning 299

Supply Chain Shaman

JANUARY 31, 2022

Source E2open Shipping Index). The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Still, organizations are less willing to test and try technology innovation due to the restrictions and guide rails placed on software procurement and deployment. Focus on Cost. Less Collaborative.

Procurement Analytics 219

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 219

Supply Chain View from the Field

DECEMBER 16, 2013

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Not surprisingly, analytics is at the top of the list. This complexity is occurring in many forms.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

Supply Chain Shaman

FEBRUARY 7, 2022

Source E2open Shipping Index). The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Still, organizations are less willing to test and try technology innovation due to the restrictions and guide rails placed on software procurement and deployment. Focus on Cost. Less Collaborative.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Freightos

APRIL 27, 2023

As more data sources get legible, whether it’s container ship movements, eAWBs or carrier rates , it can have incredible ramifications. I’ve heard anecdotes from the past two years of SVPs at multinational companies needing to sign off on spot procurement but the degree of interest executives are now showing is impressive.

Freight 156

Freight Data Prescriptive Analytics Software Negotiating Skills 156

Logistics Viewpoints

AUGUST 11, 2022

It collects and stores data from a variety of sources. These sources may include electronic logging devices, telematics networks, mobile devices, RF devices, and GPS information from automatic identification systems for ship locations and NORAD for aircraft positioning. Are you national and/or international in scope?

Supply Chain Planning Software 232

Supply Chain Planning Software Forecasting Software Logistics Network Optimization Software Supply Chain Network Software 232

SYSPRO Smarter ERP

MARCH 31, 2022

Just about every supply chain will be affected by this crisis, for example, with fuel prices surging although there is no shortage yet, there’s risk in supply and shipping routes being cancelled or diverted. We should all be well versed by now to know that we can expect a ripple effect throughout global trade. Supply chain challenges.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Disruption Supply Chain Design Software Supply Chain Planning Software 105

EC Sourcing Group

MAY 28, 2020

What Are the Goals of Procurement Management? The goals of procurement management are generally to acquire goods and services with the highest quality at the lowest cost to create an end product. Finding Your Own Goals in Procurement. Goals of Procurement Management: Vendor Management. Minimize risk. Lower costs.

Procurement Analytics 52

Procurement Analytics Procurement Solutions Purchasing Skills Procurement 52

EC Sourcing Group

NOVEMBER 15, 2022

A critical aspect of the following supply chain best practices is to have intuitive procurement software that provides insights and analytics to help navigate the uncertainty and make the best decisions for the future. Supply Chain Best Practices : The Effect of Inflation on Procurement & the Supply Chain. Labor shortages.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Software Supply Chain Design Optimal Sourcing 52

Elementum

AUGUST 31, 2022

The supply chain management process is comprised of a number of steps, which can usually be organized into five categories: Planning and forecasting Sourcing and procurement Manufacturing Logistics Handling returns As demonstrated by the recent food supply chain issues , a failure in one area can lead to disaster.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Supply Chain Planning 78

OptiProERP

APRIL 9, 2024

Collaboration between production, procurement, and logistics teams is essential to optimize resource utilization and minimize lead times. Shipping and Logistics Once products pass quality checks, they are prepared for shipping. Production Planning Upon receiving an order, production planning kicks in.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Inventory Management Software 52

Supply Chain Shaman

NOVEMBER 21, 2022

Companies having the teams from source, make, and deliver reporting to a common leader tend to be the most balanced, with the smallest gaps between operations and commercial teams. Why are orders not shipped on time? There is no magic ball on design: the organization’s reporting structures vary by culture and size. Next Steps?

Supply Chain Planning Software 303

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 303

crisp

DECEMBER 15, 2021

One of the big catalysts for change right now is the acceleration of data and analytics in supply chain management. A recent survey of procurement leaders showed a 15-20% increase in ROI when using data and analytics to make decisions. That same survey showed that up to 50% of procurement teams’ time was spent looking for data.

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

Logistics Viewpoints

SEPTEMBER 28, 2021

If you’re Home Depot, you reserve an entire ship for your own exclusive use. Using AI and predictive analytics, we make it possible to anticipate and mitigate the impact of disruptions and delays, whether from bad weather, port shutdowns or overloaded distribution centers. So how do we adjust to this new reality?

Rail Software 188

Rail Software Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 188

ShipBob

DECEMBER 25, 2023

It can happen simply due to ineffective planning, risk management, warehouse use, or sourcing strategies. It’s a form of supply chain digitization that ensures every element, from sourcing raw material inventory to product delivery, is coordinated and managed through a centralized platform. This kind of setup often leads to problems.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Inventory Management Software Supply Chain Software 52

Unleashed

APRIL 21, 2024

Once confirmed, the ordered items are picked from your inventory, sorted, packed, and shipped to the customer. Inventory sourcing: The locations of ordered items are identified in the warehouse or distribution centre – or reordered from the supplier if no stock is available. Shipping: The order is handed over to a delivery service.

Inventory Management Software 52

Inventory Management Software Analytics Software Supply Chain Design Software Demand Planning Software 52

QAD

AUGUST 16, 2022

Supplier visibility provides analytics and insights to inform your strategy. With the waves of challenges undermining supply chains across all industries, businesses need improved supplier collaboration, optimal sourcing and quicker ways to respond to shifts in supply and demand.

Optimal Sourcing 92

Optimal Sourcing Supply Chain Software Manufacturing Procurement Supply Chain Design Software 92

Requis

OCTOBER 30, 2020

Sourcing has probably been the biggest thing over the last decade or two, coupled with that reduction in local manufacturing of course. Sourcing is now predominantly overseas: China is one of the big sourcing countries of course, along with India, Pakistan and Bangladesh, Vietnam and Thailand.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 52

Vanguard Software

MARCH 26, 2021

Besides raw material costs, logistics can account for anything between 5% and 50% of the total product cost , depending on where products are sourced, their value, and the shipping methods. Transportation methods Procurement Inventory policies Distribution costs Forecasting and demand planning Customer service levels.

Optimal Sourcing 52

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 52

QAD

JANUARY 19, 2023

E-commerce brands must oversee design, manufacturing, sourcing, warehouse inventory, shipping and delivery. Supply chain management is typically broken into three large buckets of intricate processes and roles: Concept: the full cycle, from sourcing and procurement to fulfillment.

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 93

Logility

JUNE 28, 2022

In days of yore, you didn’t need such in-depth visibility, but today, as supply chains grow more complex and stretch further across the globe, you need a 360-degree view, from raw material sourcing to final product delivery. You get the supplier data and other analytics you need to meet your transparency goals as well as your revenue goals.

Supply Chain Visibility 173

Supply Chain Visibility Supply Chain Planning Software Real-time Visibility Supply Chain Software 173

EC Sourcing Group

OCTOBER 26, 2021

However, the use of information technology in supply chain management has streamlined the world of procurement and purchasing through supply chain management, cloud software, and other types of IT that help boost supply chain efficiency. However, IT can be used in other ways as well, including: Integrated supply chain. Cost reduction.

Supply Chain Software 52

Supply Chain Software Logistics Network Optimization Software Inventory Management Software Analytics Software 52