Remove Benchmarking Remove Predictive Analytics Remove Procurement Remove Shipping
article thumbnail

Navigating Market Uncertainty with Sarah Bertram

The Logistics of Logistics

She brings almost 20 years of supply chain and benchmarking experience to DAT, where she is focused on providing actionable insights to shippers through DAT’s Benchmark Analytics and Rateview benchmarking tools. Tusk save Shippers 40% or more on small parcel shipping. The Greenscreens.ai

article thumbnail

Navigating the Future: How Advanced Supply Chain Analytics is Transforming the Industry

ThroughPut

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Digital Procurement Improves Supply Chain!

Supply Chain Game Changer

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.

article thumbnail

Track the Supply Chain Metrics that Really Matter

Precoro

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.

article thumbnail

10 Key Logistics & Procurement Supply Chain Practices to Know and Master to Reduce Spend.

GlobalTranz

However, following these 10 practices can help you learn how to reduce spend in the procurement supply chain. Use External Benchmarking Tools. Many suppliers and manufacturers may have existing, internal analytics tools, but using these tools for benchmarking processes may be ill-fated.

article thumbnail

What is GMROI, and What Does it Mean for Your Retail Inventory?

ShipBob

However, it’s also important to consider any industry-specific GMROI benchmarks to make sure that your business is keeping up with the competition. puts it far behind the competition, as the GMROI benchmark in this industry for 2021 is $3.90. ShipBob finally gave us the visibility and analytics we were looking for.

article thumbnail

Podcast: Rob O’Byrne on Digital Transformation, Sustainability, and Diversification in Sourcing

Requis

Because one of the major costs in a business, if you take in procurement and cost of goods, is supply chain. It comes down to understanding of technologies, systems, and analytics. People still need to know the basics, but the big change is in the analytics area. They’re loading programs and using analytical tools in house.