Enterra Insights

JANUARY 9, 2023

Retail journalist Ben Unglesbee writes, “Hey retailers, it might be time to ditch your stores, move your inventory to the metaverse, replace your staff with robots, switch from cash to crypto and invest all your profits in some blockchains.”[2] ”[2] Hopefully, his tongue was firmly planted in his cheek when he wrote that.

Trends 130

Trends Retail Predictive Analytics Software Omnichannel 130

The Logistics of Logistics

APRIL 7, 2023

Dan is the Chief Marketing Officer at Tomorrow.io , the world’s weather and climate security platform, helping countries, businesses, and individuals manage their weather and climate security challenges. Dan Slagen and Joe Lynch discuss the biggest risk facing truck drivers. About Tomorrow.io Tomorrow.io

Logistics Network Optimization Software 221

Logistics Network Optimization Software Supply Chain Network Software Predictive Analytics Software Negotiating Skills 221

GlobalTranz

APRIL 27, 2017

Depending on the industry and size of the company, a business can spend more than 40% of its annual freight budget on inbound shipping, according to the Aberdeen Group, a research firm in Boston. The best pricing is secured for both at will shipping, as well by applying pre-negotiated carrier contracts to regular inbound shipping.

Negotiating Skills 144

Negotiating Skills Freight Vendor Strategies Cost Reduction Strategies 144

Enterra Insights

JUNE 15, 2020

For example, manufacturing may be tasked to fill all orders which requires having inventory on-hand in distribution centers. However, distribution centers may be given the conflicting task of minimizing excess inventory space and cost. An objective function scores an outcome’s utility so the best outcome can be chosen.

Columbus 100

Columbus Supply Chain Planning Software Modeling Software Predictive Analytics Software 100

The Logistics & Supply Chain Management Society

JULY 20, 2020

At the same time, communities struggle to survive through curfew periods and other restrictions to secure products affordably whilst complying with health and safety conditions. This boosts revenues and optimises inventory. This can be applied to inventory management, fleet and order tracking, ID badging. Boston: Springer), pp.413–422.

Agile and Lean Supply Chain 230

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

Supply Chain Matters

MARCH 5, 2022

RightHand Robotics Secures $66 Million in Series C Funding. RightHand Robotics has announced that it has secured $66 million in a Series C financing round led by top growth investors: Safar Partners , a technology venture fund; Thomas H. Names included in this edition include: RightHand Robotics. Global Healthcare Exchange (GHX).

Supply Chain Planning Software 52

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

Talking Logistics

JUNE 15, 2018

beefs up security of air cargo imports (American Shipper). But then you come across stories like this one published in Bloomberg this week highlighting how Amazon, under an initiative called “hands off the wheel,” has shifted tasks “like forecasting demand, ordering inventory and negotiating prices to algorithms.”

Pricing Training 101

Pricing Training Purchasing Training Negotiating Skills Logistics Network Optimization Software 101

IQMS

JUNE 25, 2019

Blockchain shows potential for increasing the speed, scale, and visibility of supply chains, eliminating counterfeit-goods transactions while also improving batching, routing and inventory control. Improving track-and-trace reduces the need for buffer stock by providing real-time visibility of inventory levels and shipments.

Supply Chain Planning Software 83

Supply Chain Planning Software Pharmaceutical Optimal Sourcing Supply Chain Software 83

Logistics Viewpoints

AUGUST 13, 2021

This summer has been an interesting one weather-wise in the Boston area. And obviously this is not only in the Boston area. The second program, called “FBA Liquidations” will allow sellers to use Amazon’s “wholesale resale channel and technology” to recover a portion of their inventory cost from returned items and excess stock.

Logistics Network Optimization Software 47

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Supply Chain Shaman

AUGUST 26, 2015

Vendor Managed Inventory processes–once hailed as the panacea of demand sensing–largely operate in isolation within sales organizations (of the thirty-three organizations that we interviewed last year, no market leader has connected these demand signals). This gives supply chain leaders a false sense of security.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

Zipline Logistics

MAY 25, 2021

A new report from the Food Marketing Institute and Boston Consulting Group highlights the effects increased demand had on organizations in the CPG marketplace. Forward-thinking CPGs are leveraging their retail-optimized supply chains as a competitive differentiator and a dependable way to secure additional shelf space.

Procurement Analytics 69

Procurement Analytics Food Report Optimal Sourcing 69

Enterra Insights

FEBRUARY 26, 2019

Cyber Security. And consider forecast data, planning parameters, cost and price information, materials details and specifications, purchase orders (and all of the accompanying changes and updates), bills of lading, labels, inventory records, and much more. Predictive Analytics. Machine Learning. Virtual Reality. Augmented Reality.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Demand Planning Software Supply Chain Strategy 100

GlobalTranz

AUGUST 17, 2015

In May, 2014 Raytheon gathered a group of its largest suppliers in Boston, MA to discuss the launch of the company’s Supplier Advisory Council. Because of this, businesses are finding it challenging to forecast demand and therefore they risk escalating inventory costs or stock outs.

Sourcing Strategies 120

Sourcing Strategies Price Reduction Vendor Strategies Cost Reduction Strategies 120

GlobalTranz

JUNE 23, 2015

And, according to a Boston Consulting Group (BCG) study, 54% of companies with above one billion in revenues are now considering reshoring. Many were eager to secure market share in regions of India, China, and other countries where they expected to stimulate demand for their products. a move known as reshoring.

Cost Reduction Strategies 120

Cost Reduction Strategies Expense Reduction Inventory Reduction Material Savings 120

Kanban Logistics

NOVEMBER 19, 2020

It also enables the 3PL to perform inventory management protocols like FIFO (first in first out; the oldest lots of items will be distributed first) and FEFO (first expired first out; the products closest to their expiration dates will be distributed first). Items that have common characteristics important to the manufacturer (e.g.,

Pharmaceutical 52

Pharmaceutical Warehousing Supply Chain Design Software Supply Chain Design 52

Logistics Viewpoints

FEBRUARY 3, 2023

As a Boston fan, Tom Brady forever changed my sports landscape. The Boston sports landscape shifted after that first Super Bowl and became the city of champions, with 12 total championships (6 by the Patriots, 4 by the Red Sox, and 1 each by the Celtics and Bruins). announced it had secured its largest investment to date.

Logistics Network Optimization Software 187

Logistics Network Optimization Software Negotiating Skills Purchasing Skills Supply Chain Planning Software 187

Logistics Viewpoints

MARCH 25, 2022

In the early morning hours of March 18, 1990, two men, disguised as police officers, talked their way into the Isabella Stewart Gardner Museum in Boston, where they blindfolded and tied up the two security guards, and made off with thirteen works of art. That’s all for this week.

Logistics Network Optimization Software 203

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Supply Chain Shaman

SEPTEMBER 28, 2012

Most companies have made their own organizations more efficient (ROA), but they have not reduced inventories and they have pushed costs back in the supply chain on suppliers that are less able to bear them. Look at the gyrations of Boston Scientific and Eli Lilly for the same period of time. Consider figure 1 re Healthcare.

Pricing Training 261

Pricing Training Supply Chain Design Software Waste Reduction Purchasing Training 261

Kanban Logistics

MARCH 16, 2022

Secure warehousing space. By partnering with a 3PL provider that already has warehouse space to offer, you can secure as much space you need, where you need it, without having to worry about acquiring a building or lease yourself. Secure associates. The following are some key benefits of flexible warehousing services.

Warehousing 52

Warehousing 3PL Logistics Network Optimization Software North Carolina 52

The Logistics & Supply Chain Management Society

SEPTEMBER 25, 2020

Realising operational and cost efficiencies will reduced lead times, improved forecast accuracy and increased inventory turnover. Successful collaboration will result in several benefits – reductions in lead times, improved in-stock fill rates, improved forecast accuracy, and increased inventory turnover.

Chemicals 113

Chemicals Saudi Arabia Cost Reduction Strategies Inventory Reduction 113

RFgen

FEBRUARY 24, 2021

Existing and emerging technologies may help with complex inventory management, including 5G, blockchain, AGVs, AI and mobile inventory. Manual processes can’t support the increasing complex inventory management needs in the aerospace and defense industry. Absolutely secure end-to-end traceability could be a reality.

Aerospace 96

Aerospace Supply Chain Software Inventory Management Software Predictive Analytics Software 96

6 River Systems

OCTOBER 30, 2019

It also allows existing employees to spend less time lugging boxes or finding inventory and more time doing the more complex parts of their job that are difficult to automate. Those inventory systems require more attention because of this (a human gig), as do programming and maintenance.

Warehousing 78

Warehousing Supply Chain Software Supply Chain Design Software Supply Chain Planning Software 78

EMERGE App

JULY 11, 2018

Finally, whether you’re purchasing products locally or from overseas, be sure to use an order, purchase and inventory management system that’s written from the ground up to support international and domestic trade. He will be happy to show them around high schools in the Boston area and have them meet the admissions officers.

Purchasing Skills 64

Purchasing Skills Manufacturing Procurement Negotiate Pricing Negotiating Skills 64

The Logistics & Supply Chain Management Society

JULY 21, 2020

As an offspring of globalisation, supply chains are focused on optimisation – cost reduction, just-in-time deliveries and tight inventory-to-sales ratios. A significant paradigm shift in procurement and inventory control is an emerging area of focus.

Supply Chain Planning Software 233

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Agile and Lean Supply Chain 233

RFgen

FEBRUARY 24, 2021

Existing and emerging technologies may help with complex inventory management, including 5G, blockchain, AGVs, AI and mobile inventory. Manual processes can’t support the increasing complex inventory management needs in the aerospace and defense industry. Absolutely secure end-to-end traceability could be a reality.

Aerospace 52

Aerospace Supply Chain Software Inventory Management Software Predictive Analytics Software 52

QAD

NOVEMBER 18, 2021

Joanne: “Abiomed delivered over $1M worth of PPE to local hospitals in the Boston area and we continue that line of communication and support to this day. Our colleagues in the automotive division unfortunately don’t have the ability to maintain inventories given the just-in-time strategies required for their business.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Network Software Resource Reduction Analytics Software 98

Logistics Viewpoints

NOVEMBER 5, 2021

This is certainly the case for Nuro , the autonomous home delivery start-up that has already secured partnerships with FedEx, CVS, Domino’s, and Kroger. Most of Estee Lauder’s holiday product has already been shipped to retailers. Sometimes it is simply amazing to watch how a company builds momentum.

Logistics Network Optimization Software 174

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Enterra Insights

JULY 17, 2018

Among those predicting technology will make humans redundant are supply chain and retail expert Allan Lyall and his Boston Consulting Group colleagues Pierre Mercier and Stefan Gstettner. Using RFID tracking allows business owners to improve inventory management and increase the control they have over the location of their products.

Supply Chain Software 100

Supply Chain Software Supply Chain Design Software Analytics Software Predictive Analytics Software 100

6 River Systems

JUNE 29, 2020

Importantly, flexible supply chains cut costs and improve cash flow, in part through a 10% to 40% increase in inventory turns. ’ Examples of such bad behavior include sales representatives inflating their forecasts to ensure adequate supply, or operations maintaining extra inventory to account for low forecast accuracy.

Supply Chain Planning Software 116

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

Supply Chain Game Changer

NOVEMBER 19, 2018

He works from Boston and Palm Beach, and be reached at bryceboothby@gmail.com. This drove our decision to enter into sourcing services, vendor management and supplier owned inventories. Here is our interview with Skip Boothby: Tell our readers a little about your background and experience? Thanks Mike, for asking.

Supply Chain Planning Software 42

Supply Chain Planning Software Demand Planning Software Logistics Network Optimization Software Forecasting Software 42

Enterra Insights

SEPTEMBER 7, 2018

Sam Ransbotham ( @Ransbotham ), an associate professor of information systems at the Carroll School of Management at Boston College, observes, “Fast-improving technologies are fascinating but frustrating. Enhancing your (digital) security. Scanning your physical inventory. Controlling your financial activities.

Forecasting Software 100

Forecasting Software Predictive Analytics Software Optimization Software Cost Reduction Strategies 100

6 River Systems

JULY 25, 2019

All of the above (and other down-stream KPIs and processes) are heavily influenced by the accuracy of a demand forecast: if the demand forecast is much more accurate, a company is more likely to have the right product, in the right quantities in inventory and will have less of the products in inventory that is not required.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 96

ToolsGroup

OCTOBER 30, 2019

This provides an immutable record of the truth while also preserving the integrity and security of the data. inventory) which all saves money. . It’s “democratic”: Blockchain is public ledger transaction data, publically-validated, shared and distributed. Blockchain fundamentally changes this game.

Supply Chain Planning Software 120

Supply Chain Planning Software Gartner Supply Chain Software Supply Chain Optimization 120