Logistics Viewpoints

NOVEMBER 25, 2024

In 2017, a strategy consultant was hired to do a top-to-bottom assessment of the Boston University procurement program. Randall Moore was hired as the new chief procurement officer in May. Facilities sourcing and construction contracting were centralized in the procurement department. This is not a purchase made very often. “I

Boston 300

Boston Purchasing Skills Sourcing Strategies Sourcing 300

Supply Chain Shaman

JULY 29, 2013

” Or run the statement by any software provider, and they will share that their solutions delivered these “best practices.” Note that the ratios are better than absolute numbers because it helps in the comparison of large and small companies and performance across currencies.) Instead, it is real-time data.

Supply Chain Planning Software 350

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IQMS

FEBRUARY 8, 2024

A warehouse management system (WMS) is a software application that helps control and manage the day-to-day operations in a warehouse. WMS software guides inventory receiving and put-away, optimizes picking and shipping of orders, and advises on inventory replenishment. What is a Warehouse Management System?

Optimization Software 52

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Logistics Viewpoints

DECEMBER 1, 2022

The only bright note is that shipping costs will be a fraction of what they were over the last several years. Container Import Volume Year-over-Year Comparison. Figure 1: U.S. Source: Descartes Datamyne. Theme 2: Online buying will fuel home delivery growth, challenges and new strategies. What are your key themes for 2023?

Predictive Analytics Software 294

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GlobalTranz

NOVEMBER 17, 2016

Transportation modes used in procurement and shipping. Distribution of goods prior to purchase. In other words, consumers can get practically anything they want at a moment’s notice, and more consumers are expressing a willingness to wait for a product a few days if free shipping is a possibility. Demand forecasts.

Supply Chain Design Software 120

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

Freightos

JULY 26, 2018

In other words, if your shipping your own goods, you’re competition. Let’s Talk About Boats, Ships, and Trucks. Amazon’s trucking fleet is expanding rapidly; it launched in 2005 with the purchase of thousands of trailers used to shift goods between fulfillment centers. Amazon’s logistics hiring plans. Amazon Fulfillment.

Logistics Network Optimization Software 198

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Supply Chain Shaman

APRIL 16, 2024

As companies struggled to respond to increasing business complexity—a growing number of products, channels, and markets with regional preferences—few software applications were equal to managing channel complexity. Replatforming Current Planning Solutions. Guess what? Yes, there is a great opportunity, but the question is how to jump.

Supply Chain Planning Software 221

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Logistics Viewpoints

FEBRUARY 25, 2022

FourKites , a provider of real-time transportation visibility solutions, has a big data set around transportation. Those shipments need to go by Ocean or the more expensive Air mode if ship berths can’t be found. Software and IT services account for 13% of supplier relationships between U.S. More than 450 firms in the U.S.

Price Reduction 261

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Cathy Roberson

MARCH 17, 2025

Consumers have embraced e-commerce for price comparisons, ease of purchase anytime and anywhere, and for those participating in subscription services such as Amazon Prime, free shipping, and other benefits. Whereas Alibaba’s service offers cargo that can be shipped to any warehouse or store.

Logistics Network Optimization Software 64

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Supply Chain Game Changer

AUGUST 30, 2022

Many businesses use some form of Total Cost of Ownership model to support their Procurement and sourcing decisions. The normalization of these various factors will result in some “score” for each factor which, when totalled, will give a summary score allowing for the ranking of suppliers for the purpose of comparison.

Optimal Sourcing 105

Optimal Sourcing Purchasing Skills Manufacturing Procurement Negotiating Skills 105

ToolsGroup

OCTOBER 10, 2023

It examines multiple objectives and factors like shipping costs, location-specific operational behavior, and store demand, and then analyzes every permutation – in subseconds. 1 – Ship Cost The first component is ship cost. #1 1 – Ship Cost The first component is ship cost. What do we mean by expected revenue ?

Purchasing Skills 156

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Logistics Bureau

APRIL 4, 2022

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. and “what is a reasonable range of rates for our company’s typical shipping scenarios?”.

Benchmarking 96

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 96

ToolsGroup

FEBRUARY 28, 2023

So we’re excited to be delivering significant enhancements to our solution and expanding our already formidable and innovative forecasting , inventory optimization , and replenishment capabilities that help our customers deliver on promises to their customers, while reducing inventory (and their carbon footprints) and boosting profitability.

Supply and Demand 156

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The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

Expect to see improvements to customer engagements that are not limited to a seamless checkout process but all facets of a buyer’s journey, including product education, research and comparison, and easily navigable after-sales support. Digitalisation and the Importance of Technology. Re-engineer your supply chain to boost resilience.

Supply Chain Planning Software 245

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ToolsGroup

FEBRUARY 7, 2022

Love it or hate it, daily necessities need to be purchased. eCommerce Purchases and “The New Normal” Retail Categories. And based on Placer Lab’s data , the investment looks promising, with monthly 2021 monthly in-store visits up across the board in comparison to 2019: Image source: Placer.ai. Data source: eMarketer.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

IQMS

JUNE 9, 2023

Companies can take advantage of their enterprise resource planning (ERP), manufacturing execution system (MES), and other software to ensure that employees get the data they need to communicate and collaborate effectively both internally and with customers. Design-Through-Manufacturing Efficiencies.

Manufacturing Procurement 52

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My Office Apps

AUGUST 22, 2022

The Right Warehouse Management Software for Today. One of the most important aspects being warehouse management software. A Warehouse Management Software (WMS) offers numerous key benefits and insights into supply, demand, and your supply chain with real-time visibility. How Beneficial Is your Current WMS?

Inventory Management Software 52

Inventory Management Software Procurement Solutions Supply Chain Design Software Optimization Software 52

ThroughPut

APRIL 6, 2020

Supply chain optimization involves finding the critical optimal solutions that can generate the most productive and lucrative organizational performance while including all possible operational constraints and bottlenecks in the process. What does supply chain optimization involve? This helps solve several problems for them: 1.

Optimal Sourcing 59

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GlobalTranz

APRIL 25, 2016

Inventory measurement is critical and it is money after all in that it took a capital expense to procure. In comparison, the poorest-performing companies in the lowest quartile had a range of working capital between 23% and 39% as a percentage of revenues. The goal is to keep inventory levels at a minimum to meet customer needs.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Arena Solutions

MAY 31, 2020

Though BOMs can include more descriptive information too, for example, the unit of measure or procurement type. As a cloud-based solution, Arena PLM differs from spreadsheets in some significant ways. The redline BOM view in Arena offers a clear visual comparison of two revisions of a bill of materials. Enlarge image.

Supply Chain Design Software 90

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Enterra Insights

APRIL 13, 2023

Plus, Americans’ spending spree during the earlier years of the pandemic, fueled by stimulus money, boredom and socked-away savings, have made for tough comparisons.”[2] Intelligent demand management software is the key technology enabler of lean retail merchandise management.”

Retail 130

Retail Price Reduction Supply Chain Planning Software ToolsGroup 130

Supply Chain Game Changer

SEPTEMBER 21, 2022

The Supply Chain industry provides vast employment opportunities, from procurement to warehouse inventory, management, and shipping. The terms freight broker and freight agent are often confused in the cargo and shipping sector. Freight brokers and agents contribute significantly to optimizing the shipping process.

Freight 98

Freight Negotiating Skills Purchasing Skills Optimal Sourcing 98

RFgen

APRIL 30, 2024

These systems not only streamline inventory control, but also transform warehouse processes into a powerful tool for competitive advantage. If your operation uses Enterprise Resource Planning (ERP) software, the perpetual inventory system updates the ERP as inventory transactions occur. Or reduce carrying costs.

Inventory Management Software 98

Inventory Management Software Inventory Reduction Supply Chain Planning Software Optimization Software 98

ThroughPut

APRIL 2, 2020

Supply chain optimization involves finding the critical optimal solutions that can generate the most productive and lucrative organizational performance while including all possible operational constraints and bottlenecks in the process. This process usually involves the application of mathematical modeling techniques using computer software.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 52

ShipBob

JANUARY 8, 2021

Today, the scenario is quite different as 73% of B2B buyers are millennials who prefer the convenience of purchasing bulk orders online. B2B orders are often purchased less often, sold in bulk, and shipped via freight (or parcel for smaller orders). B2B orders are often repeat purchases done in bulk and ordered less frequently.

Inventory Management Software 96

Inventory Management Software Supply Chain Design Software Optimization Software Logistics Network Optimization Software 96

Unleashed

MAY 4, 2022

Purchases can be made while on the move, on impulse and in response to a particular need at that time. This will evolve as eCommerce technology does and the purchasing experience becomes more sophisticated and user-friendly. Costs are reduced with eCommerce Ecommerce stores are far more cost-effective than physical stores.

Inventory Management Software 97

Inventory Management Software Supply Chain Planning Software Supply Chain Design Software Demand Planning Software 97

EazyStock

NOVEMBER 17, 2020

ERP systems typically allow companies to undertake tasks such as purchasing, production planning, service delivery and customer management – all from one single platform. Inventory management teams will begin to see limitations with their ERP system when they want more sophisticated inventory optimization solutions.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Forecasting Software 98

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

The number of alternative and dual-fuel propelled container ship orders out numbers the traditional ICE only engines for new ship orders. Aeronautics engineering innovation is sadly only paddling forward in comparison to the ship building industry. This is big money and infrastructure is working to accompany the change.

Purchasing Skills 130

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Supply Chain Shaman

OCTOBER 8, 2019

Examples include first pass yield, schedule adherence, hands-free orders, orders shipped complete, and minimization of waste. Most can only measure functional costs—transportation, manufacturing, and procurement. Comparison of S&OP Effectiveness for SAP Users Versus the Rest of the Population. #9 4 Maximize Buffers.

Supply Chain Design Software 207

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 207

QAD

APRIL 5, 2022

QAD is excited to announce the general availability of QAD Adaptive ERP 2022, the latest version of QAD’s next generation ERP solution that includes the Adaptive User Experience (UX) and the QAD Enterprise Platform.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Purchasing Skills 98

Supply Chain Shaman

NOVEMBER 28, 2016

Shipping approximately 400 million selling units consisting of 700 million manufactured units per year, Carter’s employs about 4,000 employees at its peak. Apparel Performance and Improvement Comparison. Driven by the business, our teams, in IT/IS and in the business find creative ways to invent solutions. Is it elegant?

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 195

Silvon Software

MAY 7, 2018

Webster’s Dictionary defines efficiency as, “effective operation as measured by a comparison of production with cost (as in energy, time, and money).” In simple terms, this means that distributors should strive to achieve the best possible result for every dollar spent relative to purchasing, repackaging, picking, packing and shipping.

Procurement Analytics 85

Procurement Analytics Analytics Optimal Sourcing Vendor Strategies 85

Enterra Insights

NOVEMBER 26, 2019

One of the new tools available to decision makers is predictive analytics. Gracie Myers, a researcher with Research Optimus, writes, “Predictive analytics is being applied toward all facets of business operations and processes to help anticipate events, avoid risks, and create solutions.

Predictive Analytics 100

Predictive Analytics Predictive Analytics Software Analytics Software Procurement Analytics 100

EC Sourcing Group

MARCH 12, 2023

Read more – Procurement Software Guide Metrics for supplier performance analysis Let’s look at some of the key categories and associated metrics that can be used to assess supplier performance. QUALITY: The quality of goods and services provided by the supplier, as well as the supplier’s delivery performance and accuracy.

Procurement Analytics 52

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Unleashed

JANUARY 4, 2024

This guide will explain how product sourcing works in modern business, best practices for finding suppliers, and list some of the most popular websites and tools for sourcing goods to sell. Product sourcing is the process of finding reliable suppliers and purchasing inventory from them with the intention of reselling to customers.

Purchasing Skills 52

Purchasing Skills Manufacturing Procurement Optimal Sourcing Sourcing Strategies 52

6 River Systems

OCTOBER 12, 2020

“This would increase the complexity of route planning and make more difficult the quest to eliminate empty back hauls as the number of shipping points increases and the number of shipments out of more rural locations increases,” explains Skip Berry in an article published by Clarkston Consulting.

Cost Reduction Strategies 98

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Enterra Insights

MAY 31, 2019

consumers expect orders, with free shipping, to arrive within three days. Most of us still trusted brick-and-mortar stores, we didn’t have price comparison services, and we were at the mercy of large corporations for discounts.”[2] ” Cognitive computing solutions can help enterprises succeed in this new digital era.

Price Reduction 100

Price Reduction Cost Reduction Strategies Sourcing Strategies Omnichannel 100