Multichannel Merchant

NOVEMBER 10, 2022

Last mile delivery has become a costly undertaking for multichannel retailers, with home delivery comprising an estimated 41% of overall supply chain costs and 53% of the total cost of shipping. How do you then translate your last mile delivery process into repeat purchases, brand loyalty and increased profits? of the average $10.10

Procurement Solutions 59

Procurement Solutions Supply Chain Planning Software Predictive Analytics Software Optimization Software 59

Unleashed

AUGUST 17, 2021

There is a range of manufacturing software now available to help businesses streamline their processes and maximise efficiency. Here we look at 15 types of manufacturing software, and for each answer three questions: What are the main functions of this software? What type of business is this software suited to?

Inventory Management Software 97

Inventory Management Software Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 97

Multichannel Merchant

NOVEMBER 10, 2022

Last mile delivery has become a costly undertaking for multichannel retailers, with home delivery comprising an estimated 41% of overall supply chain costs and 53% of the total cost of shipping. How do you then translate your last mile delivery process into repeat purchases, brand loyalty and increased profits? of the average $10.10

Procurement Solutions 52

Procurement Solutions Supply Chain Planning Software Predictive Analytics Software Optimization Software 52

Logistics Viewpoints

NOVEMBER 18, 2021

Expectations for short delivery times, 100% fulfillment accuracy, and large product selection and availability have become a key deciding factor on which customers make their purchase decisions. Of the DC technology choices available, AI software is significantly promising for many looking to transform their DC operations.

DC 256

DC Optimization Software Demand Planning Software Supply Chain Planning Software 256

Supply Chain Shaman

SEPTEMBER 10, 2023

The software never expanded in scope to manage multi-tier inventories. Too few companies stop to answer the questions: Is the solution giving a good plan? The solutions never morphed with the change from regional to global supply chains. The most innovative of the technologies were quickly acquired, and the promise waned.

Supply Chain Planning Software 256

Supply Chain Planning Software Modeling Forecasting Software Supply and Demand 256

ivalua

JANUARY 13, 2021

Difference Between Procure to Pay and eProcurement. Procure-to-Pay is the sequential process we described earlier. Eprocurement or e-procurement comes from electronic procurement. It relates to the digitization of this process through specialized tools. Benefits of an eProcurement Solution.

Procurement Solutions 235

Procurement Solutions Purchasing Skills Optimal Sourcing Negotiating Skills 235

Unleashed

JULY 25, 2023

Inventory turnover period The inventory turnover period is the time taken from when you purchase inventory until the time those goods are sold. It helps you to make better purchasing, manufacturing , pricing, and marketing decisions based on the data revealed. What is a good inventory turnover ratio?

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

Supply Chain Network

AUGUST 6, 2012

According to the latest American Shipper benchmark survey, transportation spending increased in 2012 – according to 75 percent of respondents – remaining unscathed by budget cuts. Shockingly, though, companies are failing to invest in the necessary procurement tools to manage spend and optimize their transportation networks.

Optimal Sourcing 92

Optimal Sourcing Procurement Solutions Supply Chain Planning Software Procurement Analytics 92

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process.

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

Logistics Viewpoints

NOVEMBER 23, 2020

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. Ipsen purchased the RapidResponse supply chain planning product from Kinaxis. The results?

Customer Service 192

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

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

Unleashed

JANUARY 29, 2024

You can keep your purchasing costs down by stocking only the SKUs that generate profit and demand. Streamlined processes for order picking , packing, and shipping. Data analysis Data analysis is easy when you employ the use of various tools and techniques that help you evaluate the current performance and future potential of each SKU.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

ThroughPut

FEBRUARY 2, 2024

Whether it’s choosing optimal shipping routes, adjusting inventory levels, or setting production schedules, it leverages predictive insights to recommend the best course of action. This advanced form of supply chain analytics offers agility and adaptability, setting new benchmarks for data-driven decision-making.

Prescriptive Analytics Software 52

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

CH Robinson Transportfolio

JUNE 9, 2022

In your personal life, you can use a variety of devices to make purchases—from your phone to your smart TV, it’s all possible within whatever device you’re using. In fact, today you can procure freight rates from your transportation providers right in your TMS. Benchmarking and analysis. Cost savings in loose markets.

Supply Chain Planning Software 70

Supply Chain Planning Software Demand Planning Software Analytics Software Optimization Software 70

Unleashed

FEBRUARY 1, 2023

Demand planning also considers factors such as: Your marketing strategy Seasonality Market trends Demand planning teams need to constantly be alert to technology advances such as in Artificial Intelligence or software tools which can be utilised to their advantage. They must draw on all these factors to create a ‘demand plan’.

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 52

Unleashed

JUNE 8, 2023

Behind every successful product business is a thoughtful procurement strategy designed to optimise the supplier management and purchasing process. This guide answers exactly what is procurement, how procurement works in a business , and which tools and strategies lead to supply chain success.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Vendor Strategies Material Savings 52

RFgen

APRIL 28, 2023

When seeking to improve efficiency and optimize cost, solution-focused mobile technology can accomplish both. Strategy and Planning Patching together interim solutions to labor cost challenges is not a long-term strategy. Ensure you have a deep understanding of how products and people move through your space, and back it up with data.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Waste Reduction Expense Reduction 52

Unleashed

JULY 2, 2023

It’s used frequently in inventory accounting to help businesses understand their holding costs and make optimised purchasing decisions. This helps you understand where some of your costs are coming from so you can make better decisions around purchasing and inventory management. What is Days Inventory Outstanding?

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Procurement Analytics 52

The Logistics of Logistics

JANUARY 26, 2016

They allow you to set benchmarks and improve your business practices. Inventory tracking software is an excellent way to keep a close eye on inventory and measure it as a KPI. Equally important to proper warehouse management is shipping. Your goal should be to reduce shipping costs and increase shipping speed. 
5.

Warehousing 100

Warehousing KPI Inventory Reduction Cost Reduction Strategies 100

Unleashed

APRIL 18, 2023

Key Performance Indicators for inventory , commonly known as KPIs, are measurement tools that allow you to track the performance of various aspects of your business. It includes order processing time, picking time, packing time, and shipping time. What are KPIs for inventory?

Procurement Analytics 52

Procurement Analytics Metrics Inventory Reduction Inventory 52

SupplyShift

DECEMBER 6, 2021

In early 2021, the Association for Supply Chain Management (ASCM) gave the Economist Intelligence Unit (EIU) permission to dig deeper with a report into companies and their end-to-end supply chain visibility— The Resilient Supply Chain Benchmark. One way to do this is by using 3 rd party solutions. Where are you? What do you sell?

Supply Chain Software 52

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

SupplyShift

DECEMBER 6, 2021

In early 2021, the Association for Supply Chain Management (ASCM) gave the Economist Intelligence Unit (EIU) permission to dig deeper with a report into companies and their end-to-end supply chain visibility— The Resilient Supply Chain Benchmark. One way to do this is by using 3 rd party solutions. Where are you? What do you sell?

Supply Chain Software 52

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

Supply Chain Shaman

AUGUST 12, 2020

When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. Total cost analysis is more difficult than it sounds and most technology implementations automated functional measurement systems (manufacturing or procurement), but leave the organization blind on the management of total costs.

Gartner 239

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 239

Talking Logistics

JUNE 2, 2016

This assessment identifies the most important capabilities for which the newly divested company needs to account, which may include functions such as Procurement, Purchasing, Accounting and Supply Chain Operations itself. The potential opportunity to convert a significant portion of operating costs from fixed to variable.

3PL 100

3PL Optimal Sourcing Modeling Procurement Analytics 100

GlobalTranz

APRIL 25, 2016

Inventory measurement is critical and it is money after all in that it took a capital expense to procure. It is the main measurement benchmark in measuring supply chain performance, isn’t it? The goal is to keep inventory levels at a minimum to meet customer needs. A pull system is better than a push system. Read more. .

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Freightos

JANUARY 28, 2016

Data savvy shippers are collaborating with other shippers to reduce spend, crunching big data to benchmark freight rates to make the right freight decisions. A (short-term at least) solution for large forwarders to sustain growth path by acquiring assets, reach or just size. It’s a bad time to sell for scrap, so more ships are idle.

Predictive Analytics Software 120

Predictive Analytics Software Freight Purchasing Skills Price Reduction 120

Freightos

JANUARY 28, 2016

Data savvy shippers are collaborating with other shippers to reduce spend, crunching big data to benchmark freight rates to make the right freight decisions. A (short-term at least) solution for large forwarders to sustain growth path by acquiring assets, reach or just size. It’s a bad time to sell for scrap, so more ships are idle.

Predictive Analytics Software 120

Predictive Analytics Software Freight Purchasing Skills Price Reduction 120

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Do you want to be managing people?

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

Supply Chain Game Changer

FEBRUARY 27, 2019

For instance, the bankruptcy of South Korea’s 7th largest shipping company (Hanjin Shipping) led to a dramatic reduction in global supply chain shipping capacity. Shippers need to re-evaluate ocean route use and determine which carriers can increase shipping in anticipation of tropical storms. What to Do About It.

Supply Chain Planning Software 57

Supply Chain Planning Software Resource Reduction Price Reduction Waste Reduction 57

GlobalTranz

MARCH 24, 2015

Carriers in the trucking industry and also shippers today are actively looking for ways to combat the rising costs of operating their businesses, but they often do not fully understand proper benchmarking, transportation cost analysis, and profit management are intertwined. Inbound freight costs as percentage of purchases.

Benchmarking 120

Benchmarking Purchasing Skills Analysis Cost Reduction Strategies 120

Talking Logistics

FEBRUARY 13, 2015

Bigger Container Ships Pose Bigger Risks (WSJ – sub. Roadnet® Technologies Introduces Advanced Business Intelligence Tool, Insight. Roadnet® Technologies Introduces Advanced Business Intelligence Tool, Insight. Chainalytics Introduces FMIQ Monthly Benchmarking Index.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Logistics Supply Chain Planning Software Modeling Software 100

Logistics Viewpoints

MAY 10, 2022

To achieve this, the company benchmarked our compensation against national retail jobs vs. local warehouse jobs. Companies must also offer a healthy workplace which listens to their workforce and offers modern tools that keep workers happy in addition to being productive. As a result, the math was not in our favor.

Waste Reduction 183

Waste Reduction Vendor Strategies Cost Reduction Strategies DC 183

Supply Chain Trend

AUGUST 13, 2020

He reasoned that to support such planning we need to implement a third wave of integrated supply-chain planning software. Although third wave supply chain-software could cover all these elements, Niels believes that human centricity is critical so that decision augmentation should be the more desirable form for business planning.

Supply Chain Software 147

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 147

Freightos

FEBRUARY 4, 2020

For example, combining FBX and trucking data, FreightWaves have shown that as prices fluctuate, the cheapest way to ship from Asia to Chicago can flip from US West Coast to East Coast, or vice versa – an insight impossible to take advantage of without real-time price information. Enter the Freightos Baltic Index (FBX).

Optimal Sourcing 235

Optimal Sourcing Purchasing Skills Real-time Visibility Procurement Analytics 235

ThroughPut

MAY 13, 2022

Demand sensing is the process of leveraging advanced analytical techniques to create short-term predictions of real-time fluctuations in purchase behavior. Demand sensing solutions extract everyday data from POS systems, warehouses, as well as external sources to detect variances in sales by comparing with historical trends.

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52

ThroughPut

MAY 13, 2022

Demand sensing is the process of leveraging advanced analytical techniques to create short-term predictions of real-time fluctuations in purchase behavior. Demand sensing solutions extract everyday data from POS systems, warehouses, as well as external sources to detect variances in sales by comparing with historical trends.

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52

GlobalTranz

MARCH 7, 2016

This is a critical component of seeking improvement in the supply chain, and benchmarking enables a supply chain entity to assess the current condition of such technologies and applications to improve the overall supply chain. What About Supply Chain Entities That Have Time-Sensitive Products?

Procurement Analytics 120

Procurement Analytics Analytics Software Analytics Supply Chain Planning Software 120