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

Precoro

MARCH 30, 2022

Strategic Procurement Helps a Business Unleash its Potential. As The Hackett Group discovered, approaching procurement strategically with specific business goals in mind helps achieve a significantly higher ROI. Operational efficiency and cost reduction are among the top procurement priorities for CPOs, according to Deloitte.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52

GlobalTranz

JUNE 16, 2015

Throughout the course of business, business owners, who may be in the manufacturing, retail, or in another industry, find themselves focusing on innovation. In fact, the annual ChainLink Research Study found innovation to be the top focus for those involved in the manufacturing community. Innovation For IT Departments.

Manufacturing Procurement 120

Manufacturing Procurement Innovation Manufacturing Purchasing Skills 120

Enterra Insights

APRIL 30, 2019

The impact of e-commerce and the consumer digital path to purchase has been significant. consumers expect orders, with free shipping, to arrive within three days. ”[1] Empty malls and struggling brick-and-mortar retailers also bear stark witness to the impact of the digital path to purchase. ”[2]. ”[2].

Manufacturing Procurement 100

Manufacturing Procurement Purchasing Skills Procurement Solutions Procurement Analytics 100

GlobalTranz

JANUARY 21, 2019

We will turn over each stone and consider how innovative technology will shape the future of shipping and logistics. Of course, the best plans depend on the actions of yesterday. The Uberization of Trucking Continued Another defining factor in the peak shipping season goes back to the Uberization of trucking.

Trends 152

Trends Shipping Purchasing Skills Supply Chain Software 152

SCMDOJO

APRIL 15, 2024

The inner workings of logistics at Amazon are a marvel of efficiency, precision, and constant innovation. Cloud and Machine Learning services: Amazon Web Services (AWS) – Provides cloud computing infrastructure, storage solutions, and machine learning services to businesses and developers worldwide.

Logistics Network Optimization Software 79

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 79

Freightos

NOVEMBER 11, 2021

But more blatantly than ever, container liners – and especially Maersk – are on a collision course with the tech companies that provide digital infrastructure for selling goods. For a forwarder, refraining from working with Maersk today is expensive because it removes 17% of global shipping capacity. Image via StarAir.dk).

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

ToolsGroup

AUGUST 12, 2022

Using shop-by-store features to check inventory availability before going to make purchases in-store. Buying products in-store, then having them shipped to their homes. It allows customers to get the best of both worlds: Online browsing (with filtered searches, of course) and the instant gratification of in-store pickup. ??.

Omnichannel 156

Omnichannel Optimal Sourcing Supply Chain Planning Software Inventory Reduction 156

Gravity Supply Chain

MAY 20, 2022

Spire and Gravity Supply Chain solutions helping restore flow of goods by giving customers more visibility and greater confidence to accurately predict delivery times. ” Providing solutions in the context of this reality is critical, and together Spire and Gravity Supply Chain Solutions are working to restore the global supply chain.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Supply Chain Software Predictive Analytics Software 52

SCMDOJO

NOVEMBER 24, 2023

Additionally, when you need to oversee a considerable number of Stock Keeping Units (SKUs), it is like a nightmare without an efficient tool. WMS helps you improve productivity and profit through advanced software and technologies. WMS helps you improve productivity and profit through advanced software and technologies.

Supply Chain Design Software 65

Supply Chain Design Software Supply Chain Planning Software Inventory Management Software Optimization Software 65

Logistics Viewpoints

JULY 9, 2021

During a normal Olympics, millions of spectators flock to venues to watch over 300 events unfold over the course of two-plus weeks. Container shipping prices skyrocket. The engineers will begin by developing 3D software to emulate the “complexities of real life.” Porsche calls on its suppliers to use 100% renewable energy.

Logistics Network Optimization Software 165

Logistics Network Optimization Software Logistics Price Reduction Finland 165

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Shortage management is a strategic approach that evaluates the number of items required by a specific date, guiding purchasing managers to procure items accordingly. The ability to quickly and effectively address issues and devise innovative solutions is instrumental in maintaining smooth operations.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

Supply Chain Matters

JUNE 1, 2022

international ocean supply chain, negating possible collusion among ocean container shipping lines. Over the course of two years, this fact-finding effort produced three phases of investigation and interim reporting: Phase One : Supply chain innovation called for teams to identify the most pressing supply chain challenges the U.S.

Procurement Analytics 52

Procurement Analytics Supply Chain Design Software Purchasing Skills Supply Chain Software 52

Enterra Insights

NOVEMBER 15, 2021

”[3] He adds: “ Analyzing the customer lifecycle allows you to better prepare your marketing, sales, and customer service teams to turn one-time purchasers into loyal promoters. The goal is to make customers repeat their purchases by matching the value proposition to their needs. ”[5]. . ”[5].

Purchasing Skills 130

Purchasing Skills Supply Chain Design Software Procurement Solutions Price Reduction 130

Enterra Insights

NOVEMBER 25, 2022

And as traditional, brick-and-mortar-based companies struggle to pay down debt and adapt to innovative competitors like Amazon, the holiday season is their only break from the damage they absorb during the spring and summer. Yet store pickup of online purchases was gaining steam.” ” The Pandemic and Black Friday.

Purchasing Skills 130

Purchasing Skills Procurement Analytics Procurement Solutions Retail 130

ThroughPut

FEBRUARY 2, 2024

Whether it’s choosing optimal shipping routes, adjusting inventory levels, or setting production schedules, it leverages predictive insights to recommend the best course of action. By analyzing customer behavior, purchase histories, and search trends, Amazon predicts future product demand.

Prescriptive Analytics Software 52

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

Enterra Insights

MAY 31, 2022

Unfortunately, notes Shawn Muma ( @smmuma ), Director of Supply Chain Innovation and Emerging Technologies at Digital Supply Chain Institute (DSCI), too many businesses have turned their focus inward instead of outward. Of course, this leads to the question, where are we going to get the missing data? Concluding Thoughts.

Supply Chain Software 130

Supply Chain Software Supply Chain Optimization Modeling Supply Chain 130

ToolsGroup

OCTOBER 25, 2022

With seasonality in mind, you can optimize your production lines to produce more boots than you need over the course of the year, creating a reasonable stockpile for when demand spikes in the winter. There are innovative ways to tackle these challenges, but first let’s examine how they put a hitch in your supply chain. Stock Outs.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

HICX Solutions

AUGUST 11, 2021

SXM Webinar Series with Art of Procurement. In the first of a three-part Art of Procurement Live Webinar Series ‘Putting the Supplier Experience at the Forefront of Strategic Procurement’ in partnership with HICX, we focus on how to make the business case for Supplier Experience Management (SXM). . Impact on the ecosystem.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

RFgen

JULY 18, 2017

However, the rise of robust data collection and integration tools has eliminated many of the challenges associated with warehouse diversification, giving organizations an opportunity to spread out their inventories in a strategic way. READ MORE: Solving common challenges in supply chain management using DC software ». Industry 4.0

Modeling Software 52

Modeling Software Modeling Warehousing Supply Chain Planning Software 52

RFgen

JULY 18, 2017

However, the rise of robust data collection and integration tools has eliminated many of the challenges associated with warehouse diversification, giving organizations an opportunity to spread out their inventories in a strategic way. READ MORE: Solving common challenges in supply chain management using DC software ». Industry 4.0

Modeling Software 52

Modeling Software Modeling Warehousing Supply Chain Planning Software 52

Precoro

AUGUST 1, 2022

Purchasing for the business is universal, but what matters the most is how it’s handled. Read on how to utilize Purchase Requisitions to start the procurement process on the right note. Purchase Requisition Is a First Step of the Procurement Process. What Is a Purchase Requisition. Who Issues It?

Procurement Solutions 98

Procurement Solutions Procurement Analytics Purchasing Skills Negotiate Pricing 98

Logility

APRIL 10, 2017

Look at the process enabling tools. Survey after survey points to spreadsheets as one of the primary tools used along with ERP systems and homegrown solutions. In many cases you will discover that processes like demand, inventory, replenishment, and manufacturing planning are limited by a lack of software capability.

Supply Chain Planning Software 100

Supply Chain Planning Software Scenario Planning Supply Chain Planning Supply Chain Software 100

Freightos

JULY 26, 2018

In his 2017 annual shareholder letter , Bezos lauded “divinely discontent” customers as innovation drivers. In other words, if your shipping your own goods, you’re competition. Let’s Talk About Boats, Ships, and Trucks. You cannot rest on your laurels in this world. Amazon’s logistics hiring plans.

Logistics Network Optimization Software 134

Logistics Network Optimization Software Data Logistics Supply Chain Planning Software 134

QAD

OCTOBER 7, 2021

Further up the supply chain, we saw disruptions in the agriculture and shipping sectors as workers became ill and workforces were forced to socially distance and adhere to new guidelines. Currently, we are still seeing severe disruptions in shipping, both internationally and domestically. That’s not all. Start with the basics.

Supply Chain Design Software 94

Supply Chain Design Software Manufacturing Procurement Optimal Sourcing Prescriptive Analytics Software 94

Unleashed

AUGUST 23, 2021

But in the absence of a magical tool, your best bet is to manage your stock by using industry techniques and technology. We also take a look at the technology being used to make this process easier and more accurate – and how new IT solutions are evolving to make this process even more efficient.

Forecasting 98

Forecasting Forecasting Software Inventory Reduction Inventory Management Software 98

Enterra Insights

OCTOBER 20, 2020

During the coronavirus pandemic, consumers have increasingly used the digital path to purchase to buy products. Leading innovations and digitalization are the connecting element above all.” ” Digitalization, of course, is all about data — gathering data, storing data, and, above all, analyzing data. They are: 1.

Logistics Network Optimization Software 100

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

Vinculum

APRIL 29, 2020

At such juncture, prevention seems the best course of action,and the lockdown and containment strategy will stay put in the near future until the global healthcare scenario recovers. They are relying on retailers and eCommerce platforms for purchasing essential stuff online. Need of the hour. How to address.

Government 52

Government Procurement Solutions Retail Data 52

Talking Logistics

DECEMBER 16, 2015

Google did not acquire a third-party logistics (3PL) company or a logistics software vendor. Of course, what happens in the U.S. It’s also important to note that shipping and aviation, two industries with significant greenhouse gas emissions, are not included in the COP21 agreement. TMS for SMB: Breaking Down the Barriers.

Predictive Analytics Software 120

Predictive Analytics Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 120

6 River Systems

JULY 25, 2019

Will it require frequent maintenance and re-tooling? For example, a certain product is ready to be shipped from the manufacturing facility. Logistics and delivery can be handled in a very optimized way with the help of automated solutions using data and information. Part of the problem is that technology is inherently risky.

Supply Chain Planning Software 96

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

OptiProERP

JANUARY 8, 2020

When seeking a technology solution, like enterprise resource planning (ERP), executive leaders are less focused on what ERP will do, but they are keenly interested in how ERP will help them grow the business and create long term value. With cloud ERP, manufacturers have the right tool for innovation, and the right platform to support it.

Supply Chain Planning Software 81

Supply Chain Planning Software Analytics Software Forecasting Software Predictive Analytics Software 81

GlobalTranz

NOVEMBER 18, 2016

In a sense, the value placed on services or Goods will rise, making purchasing or utilizing such services more cost effective to consumers. Innovation in Next Level of Services or Goods. Innovation is one of the key areas big data can help organizations over the next five years. Better Sales and Operations Planning.

Big Data 120

Big Data Material Savings Supply Chain Planning Software Data 120

Supply Chain Game Changer

SEPTEMBER 5, 2019

Now… Is there something to be learned from this quote in Finding Nemo, that we can apply to procurement and sourcing? A gang of procurement and sourcing professionals with our backs up against the wall, and the fight is at our front door. The only solution in sight is a united effort. So here we are. Creating Shared Value.

Food 54

Food Negotiating Skills Optimal Sourcing Purchasing Skills 54

Unleashed

JANUARY 25, 2023

It allows a business to progress and make the purchases necessary to perform and scale with maximum efficiency. 5 quick tips to increase average order value: Use free shipping after a certain price point to encourage customers to spend more. Offer bulk-purchase discounts or throw a 2-for-1 sale.

Material Savings 98

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 98

Enterra Insights

JULY 31, 2019

Multinational enterprises deal with a dizzying array of paperwork involving procurement deals, purchase orders, shipping data, etc. ”[3] They go on to note, “A traditional ERP simply cannot keep pace with the rate of change and the need to innovate and optimize quickly, accurately, and cost-effectively.

Supply Chain Planning Software 100

Supply Chain Planning Software Analytics Software Supply Chain Software Predictive Analytics Software 100

Enterra Insights

MARCH 4, 2021

For example, Kate Migon, Head of New Mobility Solutions, Americas, at Gemalto, asserts “it’s time for cities to reclaim their streets” and “close parts of our cities to cars and reverse decades of prioritizing drivability over mobility.”[1] ” Some potential solutions. They’re not.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Logistics Supply Chain Design Software Sourcing Strategies 100

GlobalTranz

AUGUST 1, 2018

Applying blockchain in logistics and supply chain management is about doing more with less, a common concept in business, and shippers need to know a few things about how it could add value to the shipping ecosystem. managing contracts with simple office tools is impossible. GET YOUR FREE WHITE PAPER. DOWNLOAD WHITE PAPER.

Supply Chain Planning Software 121

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