Enterra Insights

AUGUST 3, 2022

She explains, “This is for the sole reason that data has become one of the most critical aspects of businesses.” According to Yossi Sheffi ( @YossiSheffi ), Director of the MIT Center for Transportation & Logistics, big data is an organization’s most valuable asset. Unlocking the value of data.

Data 130

Data Analytics Software Procurement Analytics Supply Chain Planning Software 130

GlobalTranz

NOVEMBER 18, 2016

Big data applications are already impacting supply chain entities around the globe, but some of its most interesting possibilities may have yet to be realized. However, the current progression of big data does give rise to some very tangible benefits to your company within the next five years.

Big Data 120

Big Data Material Savings Supply Chain Planning Software Data 120

Enterra Insights

APRIL 25, 2019

Today, in addition to those activities, new analytical tools are available to help business leaders predict what could happen in the future. Those tools became possible with the creation of large datasets (aka big data) and the maturation of artificial intelligence (AI). ” Types of analytics. 2] They are: 1.

Predictive Analytics 124

Predictive Analytics Prescriptive Analytics Software Predictive Analytics Software Analytics Software 124

GlobalTranz

OCTOBER 2, 2017

According to Mitchell’s NY , last mile logistics is seen as the least efficient leg of shipping, and it accounts for up to 20 percent of the total shipping cost of a product. Managing returns and reverse logistics are another consideration in creating an effective last mile logistics strategy, reports Industry Week.

Inventory Reduction 363

Inventory Reduction Cost Reduction Strategies Logistics Network Optimization Software Supply Chain Strategy 363

GlobalTranz

MARCH 7, 2016

Through the use of connected devices and greater abilities to capture data in real time, the concept of end-to-end visibility and improvement thru the use of supply chain analytics has changed. What Do Supply Chain Analytics Have to Do With This Ability?

Procurement Analytics 120

Procurement Analytics Analytics Software Analytics Supply Chain Planning Software 120

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Supply chain planning involves interaction with different types of information based on internal and external data sources. This includes internal and external data sources.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 261

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

Procurement, activities such as strategic sourcing, are one of the main processes in the supply chains that can generate a positive impact on companies by giving them a competitive advantage in the market. Strategic sourcing can help supply chain leaders identify potential risk factors and develop procurement mitigation plans.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Sourcing Strategies Optimal Sourcing Purchasing Skills 130

DELMIA Quintiq

DECEMBER 9, 2015

Another conference, another presentation on the scarily “big” data coming to supply chain and logistics. In logistics and supply chains, we deal with big data that only gets bigger. To do so, I will dive into data analytics and the role it could play in making supply chain logistics more efficient.

Predictive Analytics 120

Predictive Analytics Prescriptive Analytics Software Predictive Analytics Software Analytics Software 120

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. The team was seeking analytics to monitor process compliance. Visibility Maturity Model.

Prescriptive Analytics Software 175

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 175

GlobalTranz

NOVEMBER 21, 2017

In a recent study, MIT found that companies that focus on 5 key initiatives to improve their supply chain data can have a big impact on their bottom line. Some supply chain companies are leaning on the power of analytics to help streamline their processes and get ahead of their competitors. Hanesbrand Inc. ,

Analytics Software 173

Analytics Software Procurement Analytics Agile and Lean Supply Chain Modeling Software 173

Enterra Insights

APRIL 12, 2021

Big data remains a big deal. Because data is being generated at rate that would astonish previous generations. From the earliest starting point of time until 2003,” observes Priya Dialani ( @priyadialani ), founder of Les Fleurs, “the whole world just had five billion gigabytes of data.

Big Data 100

Big Data Prescriptive Analytics Software Analytics Software Data 100

NC State SCRC

AUGUST 18, 2022

Artificial intelligence is growing rapidly across many organizational applications, and nowhere is this impact greater than in procurement. Given the recent rapid inflationary pressure and the challenges of significant material shortages in 2022, there is growing pressure on procurement to continue to deliver value, as never before.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 52

GlobalTranz

FEBRUARY 19, 2016

As time passed, procurement gradually gained a larger role in the scope of manufacturing and order fulfillment. By the mid-1950s , procurement had become a commonplace aspect of minor business, and procurement was almost comparable to secretarial work. Why Is Technology Driving Procurement Trends and the Role of Procurement?

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement Solutions 120

GlobalTranz

MAY 25, 2018

The Problem: Warehouses Lacking IoT-Based Technologies Lose Opportunities The cost for internet connectivity is decreasing, but some warehouses, operating on legacy systems, are still using paper-based processes. As the storage space of data has fallen, warehouse managers ’ rationale for avoiding IoT technologies has become even more archaic.

Inventory Management Software 125

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 125

GlobalTranz

FEBRUARY 10, 2017

President Trump’s plans will likely stimulate short-term growth, reports Patrick Burnson of Supply Chain 24/7. Retailers without an online purchasing option face stiff disadvantages when compared to Amazon and Big Box retailers. Third Party Logistics Service Providers Will Push the Boundaries of Digitization.

Third Party Logistics 120

Third Party Logistics Logistics Network Optimization Software Procurement Analytics Purchasing Skills 120

The Logistics & Supply Chain Management Society

JULY 20, 2020

Existing data and information might be incomplete and inaccurate, feedback from the team might be delayed. is beyond information technology and more about exploring what the customer wants. It helps the supply chain become compressed and tightly integrated through shortened life cycles, lead times and minimised operations’ cost.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

GlobalTranz

AUGUST 1, 2018

In general, today’s supply chain executives and managers continue using outdated, manual data entry processes, which will increase risk. Even in blockchain, errors in data entry will result in continuous compounding negative effects and incorrect supply chain analytics insight. Blockchain validates information.

Supply Chain Planning Software 121

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Pharmaceutical 121

Unleashed

DECEMBER 6, 2021

We’ve identified 6 important categories that wholesaling features fall under: Inventory management Supply chain Customer orders Warehouse management Data and analytics Key software integrations And within these categories, we give you 17 features to look for – and why they’re important. Inventory management 1. Customer orders 7.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Analytics Software 98

BlueYonder

FEBRUARY 17, 2022

Coming out of Y2K, more logistics operations focused on improving labor management, transportation management and green initiatives such as advancements in lighting technology, safety features with automated dock ramps with trailer locks and more. Investments in Transportation solutions is imperative.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 70

GlobalTranz

APRIL 13, 2018

Customer service is more important than ever, and customers expect purchases to arrive at record speeds with free or low-cost shipping, says GlobeCon Freight Systems. appeared first on Transportation Management Company | Cerasis. As a result, e-commerce will have wide-ranging impacts on supply chain management.

Supply Chain Software 130

Supply Chain Software Supply Chain Strategy Supply Chain Optimization Resource Reduction 130

GlobalTranz

FEBRUARY 13, 2017

According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025. There was a time when buying a computer was considered a once-in-a-decade purchase, if not once-in-a-lifetime. Globalization Will Become More Important in Everyday Decisions.

Resource Reduction 205

Resource Reduction Inventory Reduction Trends Logistics Network Optimization Software 205

Enterra Insights

SEPTEMBER 6, 2018

For example, one often reads about companies collecting an ocean of big data; and, it’s a fitting comparison. ”[1] The same can be said for companies that never delve deep into the ocean of data they collect. The growing ocean of data. Companies are often compared to swimmers in an ocean of data.

Prescriptive Analytics Software 100

Prescriptive Analytics Software Data Predictive Analytics Analytics Software 100

Intelligent Audit

OCTOBER 12, 2022

Annually, container ships contribute approximately one billion metric tons of carbon dioxide. Beyond ships, the transportation industry contains many other forms of transportation that contribute to carbon emissions. Broken down, most of the 2020 transportation sector emissions in the U.S. You must report these.

Waste Reduction 52

Waste Reduction Resource Reduction Price Reduction Cost Reduction Strategies 52

GlobalTranz

MARCH 15, 2018

Artificial intelligence (AI) is becoming more mainstream, and machine-aided purchases, such as voice ordering thru voice assistants like Amazon’s Alexa, are beginning to permeate everyday households. Use big data and algorithms to improve operations. appeared first on Transportation Management Company | Cerasis.

Supply Chain Design Software 188

Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software Supply Chain Design 188

Enterra Insights

AUGUST 19, 2020

The staff at Interlake Mecalux defines supply chain operations this way: “The supply chain encompasses the planning, execution, and control of all the activities related to material and information flows. It’s a discipline centered on the storage, transportation, and distribution of products. ”[1]. Logistic 4.0 ”[5].

Logistics Network Optimization Software 100

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

NC State SCRC

MAY 4, 2022

Price analysis is a subject that is often overlooked in supply chain education, (although it is certainly a big part of our chapter on Strategic Cost Management in Purchasing and Supply Chain Management ). Even if the category manager had time to do it, I want them to be more strategic in their focus.”.

Purchasing Skills 59

Purchasing Skills Analysis Optimal Sourcing Procurement Solutions 59

SCMDOJO

NOVEMBER 17, 2023

We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. Whether it’s purchasing, procurement, transport, technology, facilities, or other specialized areas, understanding your passion will influence the subsequent steps in this rewarding career path.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 70

GlobalTranz

APRIL 8, 2015

A growing trend across all industries has been the application of big data , with the use of algorithms and the hiring of data scientists becoming commonplace. As businesses collect and store an ever increasing amount of data, the algorithms required to make sense of this data will become even more valuable.

Data 120

Data Procurement Analytics Price Reduction Big Data 120

Supply Chain Game Changer

NOVEMBER 16, 2022

Why Procurement Transformation Can Fail! The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. The importance of digital procurement is increasing rapidly. Along with cost savings, procurement managers are focusing on optimizing and automating processes.

Optimal Sourcing 19

Optimal Sourcing Procurement Analytics Manufacturing Procurement Supply Chain Software 19

Supply Chain Shaman

APRIL 1, 2015

I am speaking this morning at the Terra Technology conference and doing a book signing of my new book, Supply Chain Metrics That Matter. Several good friends in consulting roles are sharing information on SAP HANA from SAP Insider; and this morning, LLamasoft announced the acquisition of the LogicTools assets from IBM. What do I see?

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Network Design Software Optimization Software 150

GlobalTranz

DECEMBER 29, 2014

Some logistics involves transportation or warehouses or both. It is evident, the two most popular themes around logistics in 2014 based on these page views have to deal with Reverse Logistics , e-commerce , and information around the warehouse. We thank all of our readers who have read our posts. Read the Full Post. Read the Full Post.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

Supply Chain Game Changer

JULY 16, 2020

One article explained how supply chain management was among the first business functions that got significant technological upgrades to evolve and to harness data extracted from ERP systems. Mobile Apps Make Information Portable. Bringing Big Data Into the Picture.

Supply Chain Planning Software 124

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Supply Chain Network Software 124

Supply Chain Shaman

DECEMBER 13, 2015

The information is sticky for a period of time, but then is gone. There is no system of record for data over time, and the use of a portal gives the posting company a false sense of effectively communicating. Today, 7% of order and purchase order flows move through business networks. Figure 1: Gaps in Supply Chain Visibility.

Manufacturing Procurement 150

Manufacturing Procurement Procurement Analytics Supply Chain Network Software Procurement Solutions 150

SYSPRO Smarter ERP

MAY 22, 2023

A sustainable chain involves implementing sustainable practices at each stage of the supply chain, from raw material sourcing and production to transportation, distribution, and end-of-life disposal. A recent report by the IDC noted some benefits of these programs.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Sustainability 98

GlobalTranz

FEBRUARY 12, 2018

On this position, you’d be managing all activities for purchasing raw materials, delivering them to the right point across the organization, making sure the organization is producing enough supply to meet the demand of the audience, and deliver the product to the right place at the right time. Understanding of Big Data.

Negotiating Skills 177

Negotiating Skills Supply Chain Planning Software Purchasing Skills Supply Chain Software 177

Enterra Insights

MAY 3, 2018

Consumers now take the digital path to purchase more often than not; but, they don’t care what retailers call their shopping journey or what strategies companies use to make the shopping journey a seamless one. ” Once a consumer completes his or her digital path to purchase (i.e., ’ They simply just shop.”[1]

Omnichannel 100

Omnichannel Procurement Analytics Supply Chain Design Software Analytics Software 100

6 River Systems

AUGUST 19, 2020

Leverage big bata, analytics and optimization Supply chains were driven by numbers and statistics for a long time. Quantifiable performance indicators were always considered key metrics by supply chain executives. The success of each entity is dependent on the strong relationships built with its partner organizations.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Analytics Software Sustainability 59