GlobalTranz

OCTOBER 27, 2021

While large national networks comprise a significant percentage of transportation service providers' shipping options, several challenges present if these are the only OTR freight transportation sources considered, including. Download the White Paper: Over the Road Freight Management Trends. Learn More.

Sourcing Strategies 197

Sourcing Strategies Network Optimization Supply Chain Network Software Optimal Sourcing 197

Logistics Viewpoints

FEBRUARY 15, 2023

We approached the topic from the perspective of importance in comparison to other objectives and change in importance over time. According to our preliminary results, the most widespread tactics to be utilized in 2023 include planning and forecasting process improvements and sourcing of materials from more proximate/local suppliers.

Supply Chain Planning 198

Supply Chain Planning Optimal Sourcing Supply Chain Optimization Supply Chain 198

Supply Chain Shaman

JUNE 7, 2021

In Table 1, I share a comparison of the two methods. Comparison of the Gartner Top 25 and Supply Chain Insights Supply Chains to Admire Methodologies. There is never a meaningful comparison of balance sheet performance or a serious conversation on supply chain excellence. What do you think? I hope to see you there!

Gartner 197

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 197

The Logistics & Supply Chain Management Society

APRIL 19, 2023

– How Logistics is Harnessing the Power of the Sun by Timothy Foote , Founder of Susymbio We all know that our sun’s power is the main energy source for life on Earth. It is not going to be a major source of reduction, but it pays for itself operationally over time regardless.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Expense Reduction Supply Chain Software Logistics 130

Supply Chain Shaman

JULY 25, 2021

Reversing The Trend. How do we reverse the trend? While the input from sales on market trends is invaluable, sales should never be asked to forecast. Trade-offs of commercial programs with source, make, and deliver to maximize value to the customer and improve margin.). Few measured projects against improved results.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

Supply Chain Matters

OCTOBER 4, 2022

In both our summary and perspectives focused on August and July global PMI reporting , we echoed an increased trending toward declining global supply chain production momentum. Economists currently warn that these trends are subject to significant change as the rapidly increasing value of the U.S. up from a value of 53.7

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Trends 52

Logistics Viewpoints

DECEMBER 15, 2022

Now, we can do better than that by using advanced analytics, which can be extended to include more dimensions, such as trends, and provide further insights. Comparison of these profiles then gives us store clusters with similar demand, and based on these insights, assortment plans can be developed to address the difference.

Optimal Sourcing 193

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 193

Logility

JUNE 10, 2020

Maintaining their market advantage came at the cost of great complexity – with more than 80,000 individual items for sale at any one time across nearly 150 retail outlets, monitoring individual performance across categories and regions, tracking trends and preparing clear, useful and timely reports were nearly impossible tasks.

Optimal Sourcing 130

Optimal Sourcing Analytics Software Supply Chain Planning Software Analytics 130

ToolsGroup

AUGUST 1, 2022

Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. Then, we’ll delve into three of the latest trends and five steps you can take to best manage your returns. The Latest Trends in Retail Returns. The Goals of Customer-Centric Retail Returns. According to the U.S.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

Supply Chain Shaman

JUNE 21, 2023

Companies that operate separate systems for revenue management and demand management create a risk in understanding market trends and gauging price elasticity quickly. This trend leads to reactive behavior. I list sixteen in Table 2, but of the 29 companies listed in the Gartner Top 25, 27 underperform their peer group sector.

Gartner 346

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 346

QAD

JANUARY 9, 2024

Globalization, international business and the trend towards world markets introduces complexity for business. Done correctly, international trade compliance is a source of competitive advantage. If the data is sensitive and shared, such as by email or USB, the risks are even greater in the event of a security breach.

Global 98

Global Supply Chain Software Vendor Strategies Demand Planning Software 98

LevaData

MAY 14, 2021

But in today’s climate, with instability and market competitiveness at an all-time high, uncovering and locking in discounts from your sourcing spend is more than a nice-to-have – it’s crucial for long-term survival. The result is a seamless model for comparison to see how competitive (if at all) your current pricing is.

Optimal Sourcing 52

Optimal Sourcing Negotiating Skills Supply Chain Optimization Negotiate Pricing 52

Logistics Viewpoints

MARCH 3, 2021

Robinson’s last quarter earnings in North American Surface Transportation, up 10.8% – which many companies would be delighted with – seem paltry in comparison. While rates and costs are top of mind, sourcing and capturing capacity is the first priority in many industries.” That makes C.H. Managed Trans is Strategic.

Logistics Network Optimization Software 245

Logistics Network Optimization Software Negotiating Skills Negotiate Pricing Report 245

Supply Chain Shaman

AUGUST 7, 2019

” Or alternatively, “Is there data that could be sourced to help?” Build an industry peer group and gain insights on major trends. Ecolab was able to overcome the downward trend. Orbit Chart for the Period of 2010-2018 for Ecolab Showing the Trend at the Intersection of Operating Margin and Inventory Turns.

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 250

Supply Chain Game Changer

DECEMBER 29, 2021

At the same time, the overall downward trend has not affected the value of Stellar as much. Let’s try to figure out what is the peculiarity of Stellar cryptocurrency, what are its advantages and why, against the general trend, it manages to steadily hold its rate. Among them are: Decentralization of the open-source platform.

Currency 94

Currency Demand Planning Software Purchasing Skills Optimal Sourcing 94

ToolsGroup

FEBRUARY 28, 2023

This allows for faster implementation processes thanks to easier-to-validate models, higher overall forecast accuracy as a result of those validated models, and dynamic forecast-to-forecast comparisons. However, using that same data to draw conclusions from current trends to determine future demand can be difficult.

Supply and Demand 156

Supply and Demand Supply Chain Planning Software Modeling Demand Planning Software 156

Logistics Viewpoints

AUGUST 12, 2022

It covers 37 states and parts of Canada through a fleet of more than 150,000 crowd-sourced drivers, it says. For comparison, they spent $3.4 More companies looked to implement grocery deliveries, and third party companies looked to build out their rosters of drivers. But as the pandemic eased, demand softened.

Logistics Network Optimization Software 227

Logistics Network Optimization Software Modeling Logistics San Antonio 227

ToolsGroup

APRIL 25, 2019

Gathering the necessary data to formulate an accurate comparison between previous results and those provided by machine learning is an excellent way to establish confidence in your results. Data Variety The more different types of data sources you factor in (e.g. Increased inventory turns by 25%. 20 September 2018 ID: G00373110.

Supply and Demand 227

Supply and Demand Demand Planning Modeling Supply Chain Planning Software 227

Locus

OCTOBER 21, 2022

Between the Covid-19 waves, a trend emerged in the US and the rest of the world that earned the popular name of ‘revenge shopping’. Now almost two years since the black swan event, the trend continues, evolving into much grander, ‘revenge festivities’. rise in comparison to September 2021. billion, which was an 8.2%

Demand Planning Software 52

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

Logility

JULY 7, 2021

The right solution will allow you to facilitate and analyze your business data to learn about order volumes and assess customer buying patterns and trends. It also reduces load and return times between your ERP system and external data sources in comparison to relying solely on a traditional ERP system. Customer insights.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Optimization Software 130

EC Sourcing Group

DECEMBER 29, 2020

What one company needs in procurement management , another may not; however, procurement software trends generally lean in the same direction. Having visibility into your spend greatly improves your ability to run sourcing events and thereby control or lower the budget. Simplified processes.

Procurement Solutions 52

Procurement Solutions Inventory Management Software Analytics Software Modeling Software 52

Supply Chain Game Changer

AUGUST 13, 2020

Many supply chain, sourcing & procurement teams have been asked to row upstream without a paddle during this time of crisis. Many trusted sources accredit global GDP growth during the last 15–20 years, widely to the spread of globalization. This raises the question…. Is COVID19 the death of Global Supply Chains?

Agile and Lean Supply Chain 121

Agile and Lean Supply Chain Supply Chain Strategy Global Supply Chain Design 121

ThroughPut

FEBRUARY 23, 2024

Leveraging AI for demand forecasting means: You can analyze any amount of historical data and current trends from external sources to predict future demands more accurately. Embracing AI for supplier management within the supply chain translates to: Optimizing your sourcing decisions through critical data insights. The solution?

Predictive Analytics Software 59

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

Enterra Insights

OCTOBER 14, 2020

” Those trends are: 1. “The first [trend],” Shalabh states, “is that a large consumer block is buying the same products but using new channels. AI can evaluate multiple data sources, such as internal company data and publicly available information like anonymized mobile or text data. Concluding thoughts.

Purchasing Skills 100

Purchasing Skills Manufacturing Procurement Predictive Analytics Software Modeling 100

Supply Chain Matters

JULY 19, 2023

Keep in mind that because China ’s economy was impacted last year by widespread Covid-19 lockdowns, economists are focusing on quarter-to-quarter or annual average growth rates as a yardstick comparison for economic growth. The recent Q2 GDP number is below the average 8 percent to 9 percent growth levels prior to the global pandemic.

China 52

China Manufacturing Procurement Supply Chain Strategy Cost Reduction Strategies 52

Logistics Viewpoints

DECEMBER 1, 2022

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

Predictive Analytics Software 199

Predictive Analytics Software Logistics Network Optimization Software Cost Reduction Strategies Resource Reduction 199

Supply Chain Shaman

JUNE 26, 2017

Traditionally, the focus has been on building efficient organizational silos for make, source or deliver. They do not have a peer group for comparison. We do not include them in the analysis because there is no peer group comparison. This year-over-year comparison, enables visualization of performance on two metrics.

Sourcing Strategies 152

Sourcing Strategies Agile and Lean Supply Chain Inventory Reduction Supply Chain Strategy 152

EC Sourcing Group

JULY 6, 2021

Optimizing Sourcing Decisions for Your Business. Whether you’re an SME or a larger enterprise, optimizing sourcing decisions is likely something that is quickly becoming a priority if it’s not on top of the to-do list already. Optimizing Sourcing Decisions : What Does Strategic Sourcing Mean? Happier Sourcing Team.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Sourcing Price Mitigation Strategies 52

Intelligent Audit

SEPTEMBER 1, 2022

Keep up with market trends and rates. In one of our Intelligent Audit use cases , a company realized they were not comparing carriers head-to-head because of hidden fees, and anomaly detection found the source of these cost increases. Renegotiate in a more informed way through data-backed decisions. Strengthen Your Network.

Optimal Sourcing 52

Optimal Sourcing Network Optimization Network Optimization Software Supply Chain Network Software 52

BlueYonder

APRIL 17, 2020

plan, source, make, deliver) that individual demand planners, network designers, logistics managers, and other supply chain professionals could master. Rising customer expectations, global trade complexities, expanding channels, and other trends will only increase the pain. I hope to see you online!

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Planning Scenario Planning Optimal Sourcing 62

Enterra Insights

SEPTEMBER 6, 2018

For example, one often reads about companies collecting an ocean of big data; and, it’s a fitting comparison. A more apt comparison for advanced analytics would be to a nuclear-powered submarine that can dive deep and travel far. In order to comprehend how large something is, we often compare it to the size of the ocean.

Prescriptive Analytics Software 100

Prescriptive Analytics Software Data Predictive Analytics Analytics Software 100

Elementum

AUGUST 9, 2022

And we expect that trend will continue. Yet in the midst of this environment of escalating demand, we’ve seen innovation for supply chain emerge as a reliable source of strategic advantage. Source local : Shortening the length of the supply chain inherently lowers the surface area for potential disruptions.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Design Supply Chain Optimization Optimal Sourcing 78

Supply Chain Matters

JUNE 14, 2022

The Supply Chain Matters blog highlights two additional May 2022 indicators of supply chain volatility as well as logistics services trending. logistics trends reinforce a shifting tide along with concerns as to what to expect in the second half of 2022. higher than the same time last year, and 12.6 points higher than two years ago.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain 52

Supply Chain Shaman

JULY 19, 2015

In most ‘benchmarking activities’, self-reported data is the most common source. While every company will agree that this data is VERY important, the lack of standard definition precludes comparison. For me, this was disappointing to see.This comparison is a good way to measure the effectiveness of forecasting processes.

Benchmarking 150

Benchmarking Supply Chain Planning Software Supply Chain Planning Scenario Planning 150

Precoro

JUNE 6, 2022

Acting as the last link selling products or services directly to the end customers – companies or individuals – the vendor receives a fee from the customer for sourcing the product tailored to his needs. Vendors source avail goods and services to sell them to the end customers – companies or individuals. Suppliers' Insights.

Manufacturing Procurement 98

Manufacturing Procurement Purchasing Skills How To Procurement Solutions 98

Unleashed

JANUARY 4, 2024

Product sourcing, done the right way, can set your business up with the foundations needed for achieving maximum sales. 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.

Purchasing Skills 52

Purchasing Skills Manufacturing Procurement Optimal Sourcing Sourcing Strategies 52

EazyStock

OCTOBER 10, 2018

Variety – The different forms of data sources. The real value businesses receive from big data is the ability to analyze data trends in real-time and accordingly extract critical data for management and operations. The value of big data is how quickly patterns and trends can be identified. Big Data and Master Data Management.

Inventory Management Software 45

Inventory Management Software Big Data Inventory Management Supply Chain Planning Software 45