Logistics Viewpoints

NOVEMBER 23, 2020

Further complicating their supply chain is the fact that they operate in a heavily regulated industry. Our inventories were in line with benchmarks, but we knew that intensifying the pace of launches could become challenging in the long run.”. We could not manage our business with that tool,” Mr. Stephens realized. The results?

Customer Service 192

Customer Service Supply and Demand Logistics Network Optimization Software Supply Chain Planning Software 192

Precoro

APRIL 22, 2024

The survival rates depend on country, industry, and current market conditions, but these general trends are observed globally. As a part of FP&A, the finance team prepares documents such as income statements, balance sheets, and cash flow statements. Performance criteria and benchmarks are unique for every industry and market.

Optimal Sourcing 105

Optimal Sourcing Negotiating Skills Procurement Solutions Resource Reduction 105

Supply Chain Shaman

AUGUST 16, 2015

Infor–a market consolidator of enterprise software–currently has revenues of $2.8 Despite numerous acquisitions and product development efforts, SAP and Oracle are much larger industry giants. On August 13th, Infor announced the intent to purchase GT Nexus for 675M$. The current market offers no solution.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

Precoro

MAY 19, 2023

The right metrics can shed light on how cost-effective a company’s processes are when it comes to the flow of goods, both at the inbound stages of procurement and outbound all the way to the customer. By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

Talking Logistics

APRIL 24, 2017

based companies have a supplier sustainability scorecard that they may use in their purchasing decisions, and another 23% are developing one. A core capability provided by most TMS solutions is route planning. In fact, 22% of U.S. So, how does a company ensure that its supply chain is environmentally responsible?

Optimal Sourcing 117

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Optimization Software 117

SupplyShift

DECEMBER 6, 2021

In the wake of supply chain disruptions and global shortages, businesses are quickly recognizing the need for greater visibility over their supply network, from documenting the origin of material components to tracking shipments. Others may use geo-visualization software to populate supplier data into an easily digestible and shareable form.

Supply Chain Software 52

Supply Chain Software Supply Chain Network Software Supply Chain Demand Planning Software 52

SupplyShift

DECEMBER 6, 2021

In the wake of supply chain disruptions and global shortages, businesses are quickly recognizing the need for greater visibility over their supply network, from documenting the origin of material components to tracking shipments. Others may use geo-visualization software to populate supplier data into an easily digestible and shareable form.

Supply Chain Software 52

Supply Chain Software Supply Chain Network Software Supply Chain Demand Planning Software 52

Supply Chain Game Changer

JULY 3, 2019

Implementing responsible sourcing within the line will allow your organization to create a process and locate a solution in various dimensions. In order to source smarter, you need better digital solutions to ensure that you’re gathering robust supplier insights in tendering, contracting and the renewal/renegotiation of supplier agreements.

Sourcing Strategies 58

Sourcing Strategies Purchasing Skills Sourcing Sustainability 58

Supply Chain Opz

NOVEMBER 9, 2014

We believe many practices in global supply chain management can be applied in every industry. The Lean journey should focus on straightforward activities that everyone can see and understand because the tools take on a life of their own, causing the operation to lose sight of the simple goal of waste elimination. The evidence?

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

Supply Chain Network

MAY 9, 2011

Deloitte today announced it has purchased substantially all of the assets of Oco,Inc., a provider of enterprise-class software as a service (SaaS) business analytics solutions. As used in this document, “Deloitte” means Deloitte LLP and its subsidiaries. Financial terms of the deal were not disclosed.

Analytics Software 68

Analytics Software Procurement Analytics Analytics Supply Chain Design Software 68

GlobalTranz

JUNE 11, 2015

The first post in this series broke down what is supplier quality management and the steps to evaluate suppliers and the second post gave you insight into the metrics to look out for by 6 major industries. Unlike domestic suppliers, they will respond to quality benchmarks by throwing labor-end-state inspection and rework-at the problem.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Design Software Quality Examples 120

Precoro

FEBRUARY 27, 2023

After all, a clear picture of the company's procurement process is necessary to develop a sustainable future strategy and to avoid pitfalls that hold your business back. Spend analysis involves spend visibility , spending review , and procurement process improvement. The answer is simple: spend analysis.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

Precoro

MARCH 30, 2022

Strategic Procurement Helps a Business Unleash its Potential. As The Hackett Group discovered, approaching procurement strategically with specific business goals in mind helps achieve a significantly higher ROI. Operational efficiency and cost reduction are among the top procurement priorities for CPOs, according to Deloitte.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52

6 River Systems

APRIL 23, 2019

Alexandra Zelenko is a Marketing and Technical Writer at DDI Development company that delivers web and mobile digital solutions for a wide range of business expertise, such as recruitment, fintech, CRM, e-learning, logistics, etc. By introducing solutions that add automation, errors can be eliminated from task workflows. DevGuildDDI.

Warehousing 97

Warehousing Supply Chain Software Supply Chain Planning Software Supply Chain Design Software 97

Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Procurement in 2021 and beyond.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Logistics Bureau

DECEMBER 3, 2017

SCLA focuses on the practical knowledge necessary to succeed in real-world supply chain management, and therefore is not heavily laced with academic theory, although of course all key concepts, models, and tools are explaine d as part of the program content. Supply chain documentation. A Summary of SCLA Topics and Content.

Education 40

Education Purchasing Skills Buyer Training Supply Chain Design Software 40

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

Companies had to survive the disruptions by obtaining visibility throughout their supply chains, some may have done so through large amount of manual effort rather than more automated solutions. Supply chain managers require visibility to track the necessary components from a purchase order for production or to fulfill a customer order.

Rail Software 244

Rail Software Real-time Visibility Supply Chain Planning Software Predictive Analytics Software 244

Vinculum

JUNE 24, 2022

Payment reconciliation is the most challenging process for any company’s finance and accounting team, especially in the eCommerce industry. Customers may now purchase from a company’s website or marketplaces due to digital development and the surge in eCommerce. Integrated Solutions. Conclusion.

Purchasing Skills 52

Purchasing Skills Analytics Software Sourcing Strategies Negotiating Skills 52

Enterra Insights

JULY 12, 2021

Each purported use case — from payments to legal documents, from escrow to voting systems — amounts to a set of contortions to add a distributed, encrypted, anonymous ledger where none was needed. However, Blockchain tech has challenges to overcome, … including benchmarks, scalability, [and] speediness.”

Supply Chain Software 130

Supply Chain Software Internet of things Predictive Analytics Software Logistics Network Optimization Software 130

6 River Systems

JUNE 29, 2020

The disruption caused by COVID-19 is unique in that it impacted supply chains across all industries. “The pandemic, however, is affecting supply chains in the aircraft, automobile, electronic products, hospitality, medical, pharmaceutical, retail, technology, travel, and personal service/support industries.”

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

EMERGE App

DECEMBER 31, 2018

If you’re still not convinced about using inventory management software , then perhaps the benefits might sway you over. And there’s pesky no software to install, setup or maintain. For import-export companies, you need to have your operations down pat with sophisticated inventory management software to back you up.

Inventory Management Software 60

Inventory Management Software Purchasing Skills Forecasting Software Manufacturing Procurement 60

6 River Systems

JUNE 25, 2019

Advances in logistics technology , such as automated robots , have a big impact on warehouse productivity, along with innovative AI and machine learning solutions, sophisticated warehouse management software and other technology solutions. ” — 8 Tips to Reduce Warehouse Costs , Industry Today; Twitter: @Ind_today 10.

Sourcing Strategies 56

Sourcing Strategies Optimal Sourcing Warehousing Supply Chain Design Software 56

Zipline Logistics

JUNE 30, 2020

Every industry has its own set of terms that are exclusive to the space. There are hundreds of logistics terms that make up the industry’s language. Benchmark — In logistics, benchmarks refer to KPI thresholds set by an organization to measure supply chain performance. Logistics is no exception.

Supply Chain Planning Software 52

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

Logistics Bureau

MAY 24, 2019

Supply Chain Cost Reduction Challenges: Deere and Company has a diverse product range, which includes a mix of heavy machinery for the consumer market, and industrial equipment, which is made to order. While inexpensive in itself, the solution cost around six minutes every time an employee had to locate a unit in the yard.

Cost Reduction Strategies 54

Cost Reduction Strategies Inventory Reduction Expense Reduction Price Reduction 54

6 River Systems

DECEMBER 5, 2019

The modern warehouse is complex, and management must balance a number of factors including software, automation, training and processes such as receiving, picking and inventory management. Take a second look at your most basic organizational tools. Speed is important, but so is the ability to plan accurately and meet commitments.

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Strategies Resource Reduction 52

Logistics Viewpoints

JANUARY 3, 2022

According to the American Trucking Associations (ATA), the trucking industry is currently short 80,000 drivers. The ATA has a National Private Truck Council that allows for benchmarking on driver turnover. In the last benchmark, truckload carriers with more than $30 million in annual revenue averaged 90% driver turnover.

Predictive Analytics Software 250

Predictive Analytics Software Supply Chain Network Software Logistics Network Optimization Software Analytics Software 250

EMERGE App

MAY 10, 2020

As some of you may know, EMERGE App was born out of an in-house inventory management solution for a custom t-shirt printing business that our founder ran while in school. But it ultimately brought respectable profits and a pivot to the inventory management solution that you see today. Equipping Your Sales Reps Without the Right Tools.

Purchasing Skills 83

Purchasing Skills Sourcing Strategies Inventory Management Software Inventory Reduction 83

Logistics Bureau

OCTOBER 31, 2016

If so, prepare to be surprised, because it doesn’t get any more basic than this: Your company must have a documented and commonly understood supply chain strategy. Correcting poor network design is one of those supply chain basics to which there might not be a simple solution. “What?” ” I hear you cry.

Supply Chain Design Software 40

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Supply Chain Strategy 40

RFgen

JANUARY 18, 2024

TL;DR: This article provides a comprehensive guide on migrating to a cloud-based ERP (Enterprise Resource Planning) solution. The article also outlines the roles and responsibilities during the migration process, factors to consider when choosing the right ERP solution , and the critical steps involved in the migration process.

Supply Chain Planning Software 72

Supply Chain Planning Software Procurement Solutions Optimization Software Modeling Software 72

EMERGE App

MAY 10, 2020

As some of you may know, EMERGE App was born out of an in-house inventory management solution for a custom t-shirt printing business that our founder ran while in school. But it ultimately brought respectable profits and a pivot to the inventory management solution that you see today. Equipping Your Sales Reps Without the Right Tools.

Purchasing Skills 52

Purchasing Skills Sourcing Strategies Material Savings Price Reduction 52

EcoVadis

MARCH 23, 2018

If we are to believe the supply chain predictions for 2018 , there will be plenty to keep purchasing and supply chain managers awake at night. This is causing many purchasing teams to feel renewed urgency to take action on establishing or expanding a supplier assessment programs. Actionable results, benchmarks and feedback.

Sourcing Strategies 53

Sourcing Strategies Procurement Solutions Vendor Strategies Procurement Analytics 53

Precoro

AUGUST 31, 2023

Good cost-saving strategies help companies stay competitive and adjust to the newest industry developments. They can offer valuable feedback on the data, as they are more familiar with the realities of purchasing habits. What solutions can we propose for each department? Which solutions should we implement first?

Material Savings 105

Material Savings Cost Reduction Strategies Expense Reduction Price Reduction 105