ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. And the effect of inaccurate demand forecasting is felt across the supply chain.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

Locus

OCTOBER 5, 2021

Today, businesses are at the cusp of new changes in the supply chain that includes evolving customer expectations, omnichannel purchasing, and the shipping of unpredictable volumes. Before the pandemic, fixed logistics had held a comparative advantage for gaining a larger customer base. What is fixed logistics?

Modeling 52

Modeling Modeling Software Optimization Modeling Logistics Network Optimization Software 52

American Global Logistics

JULY 14, 2023

Gain Competitive Advantage by Understanding the Economic Aspects of Supply Chains Supply chains play a crucial role in driving economic growth and prosperity. According to the Council of Supply Chain Management Professionals (CSCMP) the cost of U.S. business logistics amounts to 9.1% The cost of U.S.

North Carolina 52

North Carolina Supply Chain Software Modeling Procurement Analytics 52

Logistics Bureau

APRIL 4, 2022

At Logistics Bureau, we want to help you with that, so we’re publishing this brief guide to help you if you haven’t already included freight benchmarking in your management strategies or want to benchmark more effectively than you are now. The Pros and Cons of Procuring a Benchmarking Tool.

Benchmarking 68

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 68

ShipBob

JANUARY 6, 2023

For your supply chain to function seamlessly, you need to keep tabs on it to make sure that every aspect is working as it should. TMS provides businesses with a clear view of how the supply chain is functioning and enabling them to manage it effectively. Report on important performance metrics. Load execution.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Supply Chain Network Software Forecasting Software 52

GlobalTranz

JULY 5, 2016

We continue our series on the top 5 blogs in our 4 main categories ( Freight , Manufacturing , Logistics , and Supply Chain ). Today's post will cover the top 5 logistics blogs from 2016 so far. Top Logistics Blogs from the First Half of 2016 So Far. Get Your FREE eBook Here. Read the Full List of KPIs Here.

Logistics Network Optimization Software 132

Logistics Network Optimization Software Logistics Supply Chain Design Software Modeling Software 132

GlobalTranz

MAY 20, 2015

Editor’s Note: This is the first in a three-part series on Supplier Quality Management processes and how to evaluate your suppliers from Chuck Intrieri of The Lean Supply Chain. Therefore, it is paramount for you as a logistics and supply chain professional to have a keen sense of how to properly evaluate a supplier.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Intelligent Audit

DECEMBER 10, 2020

Throughput is a top priority for supply chain leaders. That’s why shippers need to track shipping data and the supply chain KPI values that affect both throughput and financial stability. That’s why shippers need to track shipping data and the supply chain KPI values that affect both throughput and financial stability.

Supply Chain Software 52

Supply Chain Software KPI Supply Chain Optimization Supply Chain Strategy 52

Supply Chain Shaman

OCTOBER 29, 2014

The consulting team pitches a theme–vision of supply chain best practices, big data analytics, or demand-driven value networks– to the executive team, and a new project is initiated. Question 1: What drives a Successful Implementation of Supply Chain Planning? Supply chain planning is now on its third decade.

Supply Chain Planning Software 309

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 309

Talking Logistics

JUNE 30, 2015

Volatility in pricing trends are opportunities to lock in contractual rates, though shippers and logistics providers must also maintain flexibility to leverage spot buys as needed. Here are seven strategies to elevate freight management in an organization to build a more competitive supply chain advantage.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Procurement 100

Supply Chain Shaman

JULY 29, 2013

Last week in the middle of a presentation, a supply chain leader made the statement, “We have solved the issues in supply through better optimization and use of data. Many supply chain leaders are so convinced they know the answers that they have stopped listening and learning. The issue is demand.

Supply Chain Planning Software 285

Supply Chain Planning Software Supply Chain Design Software Modeling Analytics Software 285

Talking Logistics

FEBRUARY 18, 2015

Supply chain visibility and big data are hot topics and everyone is trying to figure out how to extract and analyze the data they have for better visibility and decision making. Let’s start with a basic question: what is financial visibility from a supply chain perspective? What data/information are we talking about?

Supply Chain Visibility 100

Supply Chain Visibility Negotiating Skills Optimal Sourcing Supply Chain Optimization 100

Intelligent Audit

MAY 6, 2021

Transportation network optim ization is a leading goal for supply chains around the globe. As noted by Deloitte, “Global supply chains can be planned with great precision. Work Across Departments in Your Company’s Supply Chain. Sharing information is an absolute necessity in today’s supply chain.

Optimal Sourcing 59

Optimal Sourcing Network Optimization Sourcing Strategies Resource Reduction 59

EazyStock

FEBRUARY 11, 2021

Supply chain transparency and digitalization. It’s very easy for online shoppers to conduct extensive product research and use price comparison websites before making a purchase. This may include having automation to speed up manual tasks and reduce human error. How is multi-channel shopping complicating supply chains?

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Price Reduction 52

Supply Chain Shaman

JULY 8, 2013

The company worked through two implementations of downstream data technology with strong insights for the team. As a member of the Midwestern data sharing consortia between General Mills and SC Johnson , they had the benefit of networking with other supply chain leaders. As a team, they have a strong culture of learning.

Supply and Demand 213

Supply and Demand Demand Planning Software Modeling Supply Chain Planning Software 213

Talking Logistics

AUGUST 28, 2018

They multiplied three commonly-used metrics for measuring truckload performance to identify the Leaders: First tender acceptance (FTA). Leader Group 1, which used more asset carriers than brokers, achieved an 82% rating; Leader Group 2 used more brokers than asset carriers and achieved 81% (for comparison, Laggards achieved 46%).

Research 106

Research Supply Chain Planning Software Supply Chain Design Software Demand Planning Software 106

GlobalTranz

JANUARY 30, 2015

If portions are supplied from other parties, it is vital to expose possible exceptions or differences in interpretations of the data provided in comparison to what you control. The methods of evaluating metrics or developing KPIs vary significantly from company to company. Business Advice Technology Transportation'

Transportation 120

Transportation Data Analytics Software Optimal Sourcing 120

BlueYonder

DECEMBER 11, 2014

While the advent and use of the human baby incubator is immediately evident, outside of Neonatology it is likely less well known how enormous an impact the technology has made on infant mortality rates. The constituents— suppliers, manufacturers, logistics providers, and retailers— generally execute their individual roles well.

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Design 75

Intelligent Audit

NOVEMBER 3, 2021

Small errors certainly will add up over time; however, more serious errors can have a huge and immediate impact on supply chain finances. If left unaddressed, these issues can dramatically impact the financial stability of the entire supply chain. Remember that customers are still likely thinking locally.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Freight Vendor Strategies Expense Reduction 52

NC State SCRC

NOVEMBER 5, 2016

Contract analytics can provide a summary view on performance and pricing deviations, risks, statistics (expiry, renewal and pending), procurement and sales metrics. The tool also helped support a well-documented statement of work, and ensured that the right regulatory requirements and questions were being addressed in the contract.

Negotiating Skills 40

Negotiating Skills Analytics Software Supply Chain Planning Software Modeling Software 40

Logistics Bureau

SEPTEMBER 3, 2017

And by comparison and with apparently so much to gain, why do some logistics service providers and their clients fail to team up effectively? Making collaboration work at the logistics sharp end is possible, but there are conditions. What Can Companies Gain from Collaborating in Logistics? Shared logistical expertise.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Logistics Manufacturing Procurement 3PL 40

Logistics Bureau

SEPTEMBER 3, 2017

And by comparison and with apparently so much to gain, why do some logistics service providers and their clients fail to team up effectively? Making collaboration work at the logistics sharp end is possible , but there are conditions. What Can Companies Gain from Collaborating in Logistics? Shared logistical expertise.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Logistics Manufacturing Procurement 3PL 40

Logistics Bureau

SEPTEMBER 4, 2023

With that question answered, I’m giving the rest of this article over to highlighting several business and supply chain issues, which, if you are experiencing them in your enterprise, are potent indications that CTS analysis should be on your agenda —for execution at the soonest.

Negotiating Skills 74

Negotiating Skills Purchasing Skills Cost Reduction Strategies Analysis 74

Silvon Software

MAY 7, 2018

Thanks to advanced business intelligence applications that incorporate supply chain-centric analytics , distributors are now able to truly understand their channels on a line-by-line basis, which can lead to better decisions and ultimately, higher profits. Logistics performance. Product and Customer Performance.

Procurement Analytics 68

Procurement Analytics Analytics Optimal Sourcing Sourcing Strategies 68

GlobalTranz

NOVEMBER 17, 2016

Supply chain leaders are enthralled with the idea of using big data, but they tend to fail to understand how to disseminate big data in their organization properly. True, they may know how to roll out big data in a single warehouse, or they may have heard their competitors used branded systems for implementing this new technology.

Supply Chain Design Software 120

Supply Chain Design Software Big Data Supply Chain Software Continuous Improvement 120

Supply Chain Shaman

FEBRUARY 23, 2017

Over the last two decades the company successfully leveraged global scale to define supply chain leadership. With 12,000 supply chain employees operating in 80 countries with 2400 storage facilities, supply chain excellence and innovation are the foundation of corporate performance. BASF creates chemistry.

Agile and Lean Supply Chain 154

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Design Supply Chain Planning Software 154

SupplyShift

OCTOBER 13, 2021

One crucial area of business that all companies can address to achieve better sustainability is the supply chain. These are sophisticated global networks, external of the business itself, comprised of manufacturers, logistics enterprises, and third-party suppliers.

Supply Chain Planning Software 52

Supply Chain Planning Software Sustainability Resource Reduction Supply Chain Software 52

SupplyShift

OCTOBER 13, 2021

One crucial area of business that all companies can address to achieve better sustainability is the supply chain. These are sophisticated global networks, external of the business itself, comprised of manufacturers, logistics enterprises, and third-party suppliers. Exploration into supply chain-wide collaboration.

Supply Chain Planning Software 52

Supply Chain Planning Software Sustainability Resource Reduction Supply Chain Software 52

Intelligent Audit

MAY 2, 2022

Actionable analytics and insights are meaningful findings resulting from data collection, interpretation, and logistics intelligence. Why Supply Chain Optimization Matters in the Current Market and Economy. Collecting data is not enough if it cannot be processed and applied to supply chain analytics.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Analytics Software Predictive Analytics 52

Intelligent Audit

NOVEMBER 5, 2021

To help shippers maintain control over increasing shipping rates and changing surcharges, this blog will explore: The role of an advanced business intelligence software in managing and being able to reduce shipping cost s. The types of business intelligence software used in most organizations. Real-Time Dashboards.

Expense Reduction 52

Expense Reduction Cost Reduction Strategies Inventory Reduction Material Savings 52

Intelligent Audit

MAY 9, 2022

With ongoing recovery firmly in progress across multiple industries, one of the most significant challenges facing freight forwarders, supply chain managers, and transportation service providers is the issue of payment and freight bill payment service management. Standardize Shipping Cost Audits for Apples-to-Apples Comparisons.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Freight Material Savings 52

Intelligent Audit

MAY 19, 2022

Anyone who has not been living in a cave for the past two years knows about the supply chain disruptions that continue to plague local and global shippers and transportation service providers. The state of freight payment is healthy and growing with an emphasis on global trends, better data utilization, and micro-logistics.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Optimal Sourcing Freight Expense Reduction 52

Freightos

JUNE 9, 2018

It was made possible by a foundation of pricing and capacity automation dating back to Sabre’s reservation system in the ‘60s. And while that’s easy for me to say as a startup, it’s echoed by industry professionals as well: I think, in general, the air cargo industry is still pretty traditional and it’s not really embracing technology.

Cargo 120

Cargo Negotiating Skills Demand Planning Software Supply Chain Software 120

6 River Systems

FEBRUARY 25, 2019

If you’re spending too much to meet consumer demands, experiencing delays in getting products to end customers or production disruptions, it’s time to focus on optimizing your supply chain. But overall, what tactics do supply chain leaders find most effective when it comes to supply chain optimization?

Optimal Sourcing 55

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Optimization Software 55

Logistics Bureau

MAY 4, 2016

Why measure the performance of a supply chain? Because a supply chain is increasingly the sole competitive differentiator for an enterprise, and measuring its performance helps to improve it and detect and solve any problems. However, traditional enterprise measures of performance do not work for supply chains.

Supply Chain Performance 40

Supply Chain Performance Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 40

Unleashed

AUGUST 26, 2019

Business intelligence dashboards (BI dashboards) are a technological approach to analysing and presenting information visually in a practical and actionable way. Understanding how to use business intelligence tools correctly is essential to ensuring a consistent level of sustainable growth and ongoing business success. Sales KPIs.

Supply Chain Design Software 58

Supply Chain Design Software Analytics Software Inventory Management Software Supply Chain Software 58

New Horizon Supply Chain Blog

SEPTEMBER 18, 2023

AI is certainly a breakthrough technology that is improving demand forecasting – and is one of the reasons I started my company, NewHorizon.ai. But this list is agnostic of the particular forecasting technology used. Forecasting is the key link between the supply chain group and other functional areas.

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52