NC State SCRC

AUGUST 18, 2022

Artificial intelligence is growing rapidly across many organizational applications, and nowhere is this impact greater than in procurement. Given the recent rapid inflationary pressure and the challenges of significant material shortages in 2022, there is growing pressure on procurement to continue to deliver value, as never before.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 52

Intelligent Audit

APRIL 12, 2022

On March 30, 2022, Intelligent Audit CEO Hannah Testani and LaserShip’s Chief Commercial Officer Josh Dinneen participated a webinar, “Learn How Other Shippers are Leveraging Lasership & OnTrac to Diversify their Carrier Risk,” moderated by Adam Robinson of The Robinson Agency. Download the Webinar Replay Here). It’s the new oil!”

Optimal Sourcing 52

Optimal Sourcing Purchasing Skills Procurement Analytics Procurement Solutions 52

GlobalTranz

JULY 13, 2015

Throughout the supply chain, the use of metrics to track and understand processes provides an invaluable resource for ensuring increased production and customer satisfaction. What Distribution Center Metrics Need Tracking? However, the most important metrics can be categorized into the following eight areas. On-Time Shipping.

Procurement Analytics 120

Procurement Analytics Metrics Distribution Inventory Reduction 120

GlobalTranz

DECEMBER 30, 2014

We trudge on with our top posts from our main blog categories by page view for all of 2014 from the Cerasis blog by featuring another area Cerasis is an expert in: Transportation. These tips include how you yourself can better manage your transportation department and maximize resources. Read the Full Blog Post.

Expense Reduction 232

Expense Reduction Logistics Network Optimization Software Supply Chain Planning Software Modeling Software 232

The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

The sixth assessment report by the Intergovernmental Panel on Climate Change (IPCC) published in August 2021 once again stressed the importance and urgency of decarbonising all sectors of the economy. This article sheds some light on sustainability considerations at the carrier-shipper interface by analyzing recent survey data.

Resource Reduction 237

Resource Reduction Cost Reduction Strategies Freight Optimal Sourcing 237

GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. A 2016 Accenture survey, reports RF Gen , explained how more companies are taking advantage of AI benefits through linked supply chains. The State of Supply Chain 2016 Trends.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Optimal Sourcing Procurement Analytics 120

GlobalTranz

APRIL 8, 2015

A growing trend across all industries has been the application of big data , with the use of algorithms and the hiring of data scientists becoming commonplace. As businesses collect and store an ever increasing amount of data, the algorithms required to make sense of this data will become even more valuable.

Data 120

Data Procurement Analytics Price Reduction Big Data 120

GlobalTranz

OCTOBER 2, 2017

According to Mitchell’s NY , last mile logistics is seen as the least efficient leg of shipping, and it accounts for up to 20 percent of the total shipping cost of a product. Managing returns and reverse logistics are another consideration in creating an effective last mile logistics strategy, reports Industry Week.

Inventory Reduction 363

Inventory Reduction Cost Reduction Strategies Logistics Network Optimization Software Supply Chain Strategy 363

GlobalTranz

MAY 2, 2017

Meanwhile, failure to notify consumers about out-of-stock items during purchase could result in the permanent loss of a customer. For example, consumers can purchase products online from one Walmart store and pick them up at a different location within a day or two. Real-Time Inventory Management Can Benefit From Automation.

Inventory Management Software 120

Inventory Management Software Inventory Reduction Inventory Management Procurement Analytics 120

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

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

Recently, CEVA Logistics joined the Singapore Changi Airport community in a humanitarian aid project to transport 14,000-kilogram of oxygen concentrators from Los Angeles to Jakarta via Singapore. We want to support and enrich these local communities through what we do best: logistics and transportation services. Acting for Planet.

Resource Reduction 242

Resource Reduction Supply Chain Planning Software Global Supply Chain Software 242

QAD

JUNE 8, 2023

When QAD hosted a live webinar earlier this year to explore and analyze the challenges that have procurement leadership buzzing these days, the issue of environmental, social and governance (ESG) was a hot topic. This simultaneously decreases costs and carbon footprint per unit.

Waste Reduction 87

Waste Reduction Material Savings Resource Reduction Price Reduction 87

GlobalTranz

FEBRUARY 19, 2016

As time passed, procurement gradually gained a larger role in the scope of manufacturing and order fulfillment. By the mid-1950s , procurement had become a commonplace aspect of minor business, and procurement was almost comparable to secretarial work. Why Is Technology Driving Procurement Trends and the Role of Procurement?

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement Solutions 120

GlobalTranz

FEBRUARY 6, 2017

Amazon’s purchase of Kiva Robots changed the landscape of robotics in the supply chain. Technology Will Reshape Procurement Practices. Better procurement practices translate into better overall sales, but the role of procurement in driving sales’ statistics will change throughout 2017. Robotics Will Grow More Versatile.

Supply Chain Planning Software 120

Supply Chain Planning Software Procurement Analytics Manufacturing Procurement Trends 120

GlobalTranz

MAY 25, 2018

Although not subject to the risk of cybersecurity, the costs of manual processes and systems management can be up to 31-times greater than those of digital systems, reports informIT. As the storage space of data has fallen, warehouse managers ’ rationale for avoiding IoT technologies has become even more archaic.

Inventory Management Software 125

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 125

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). .

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

GlobalTranz

DECEMBER 29, 2014

Some logistics involves transportation or warehouses or both. The Ultimate Guide for Effective LTL Freight Management : we put on a 60 minute webinar entitled, “Best Practices for Effective LTL Freight Management and Shipping.” Download the Webinar Replay. Read the Full Post. Read the Full Post.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

GlobalTranz

NOVEMBER 29, 2016

Editor's Note: Today's blog is the second part of Chuck Intrieri's series on how procurement and suppliers can avoid issues with their contracts. Procurement and suppliers often assume that small print is highly complicated legal jargon that is both boring and largely irrelevant. Data and Privacy. How to Begin Your Terms.

Procurement Analytics 120

Procurement Analytics Manufacturing Procurement Procurement How To 120

GlobalTranz

JANUARY 22, 2018

billion in 2018 alone, reports Michael Kotelec of Manufacturing.net , and this will bring a strong, robust boost to efficiency and productivity in manufacturing. Adoption of Analytics Will Increase. The advancement toward analytics will also increase as platform-based companies and services go mainstream.

Manufacturing Procurement 199

Manufacturing Procurement Analytics Software Demand Planning Software Supply Chain Software 199

SCMDOJO

NOVEMBER 2, 2023

Expertise: Sourcing, Supply Chain Analysis, Logistics & Transportation, Logistics Management Consulting, Freight (Maritime, Land, or Air), Logistics Technology Solutions. He graduated from the Cambridge Academy of Transport and the Chilean and German Commerce Institute with a degree in maritime transport, respectively.

Supply Chain Design Software 59

Supply Chain Design Software Negotiating Skills Optimal Sourcing Supply Chain Planning Software 59

GlobalTranz

JANUARY 25, 2017

Last year, the technology trends in logistics seemed straightforward, and many of our technology predictions came true. However, predictive analytics and value-added services are being poured into TMS models, and supply chain executives have taken notice. The goal remains the same.

Logistics Network Optimization Software 120

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

GlobalTranz

FEBRUARY 13, 2017

According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025. There was a time when buying a computer was considered a once-in-a-decade purchase, if not once-in-a-lifetime. Globalization Will Become More Important in Everyday Decisions.

Resource Reduction 205

Resource Reduction Inventory Reduction Trends Logistics Network Optimization Software 205

ToolsGroup

MARCH 1, 2018

But omnichannel retail is causing retailers to revisit practices like this and explore a new approach that flips the sequence, using analytics to first determine what is likelier to sell, then deciding what to carry. Retailers have relied on an “Open-to-Buy” budget as a way to both control spend and determine what inventory to purchase.

Inventory Reduction 189

Inventory Reduction Retail Inventory Supply Chain Planning Software 189

GlobalTranz

OCTOBER 13, 2017

Among millennials, consumers are willing to pay a premium up to 30-percent more for same-day delivery, reports McKinsey & Company , with an overwhelming majority willing to pay extra for guaranteed delivery, as shown below: Paired with the sudden spike in parcel delivery, last mile delivery will continue to grow 10-percent annually.

Logistics Network Optimization Software 204

Logistics Network Optimization Software Trends Procurement Analytics Logistics 204

GlobalTranz

JUNE 18, 2015

So, many suppliers utilize outside logistics management to ensure customers remain fully satisfied and continue to repeat purchasing. Companies that integrate reverse logistics systems into their logistics systems distinguish themselves from competitors in: effective management of inventory availability and cost. customer satisfaction.

Reverse Logistics 120

Reverse Logistics Optimization Software Demand Planning Software Supply Chain Network Software 120

GlobalTranz

JANUARY 23, 2018

Data-visualization Will Shorten Delivery Times. Data visualization is technically a technology, but it is so much more than that. Data visualization can be applied to any supply chain process that presents users with information enabling the immediate adjustment of operations or sharing of information. Download ebook.

Supply Chain Software 191

Supply Chain Software Agile and Lean Supply Chain Supply Chain Strategy Logistics Network Optimization Software 191

GlobalTranz

APRIL 6, 2016

The transportation management system is undoubtedly one of the buzzwords of the modern logistics industry. Shippers around the globe are realizing why the time has arrived to take advantage of transportation management system benefits. We call this a hybrid managed transportation model. Shippers demand in-house solutions.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Demand Planning Software Transportation Management 120

Supply Chain Shaman

JUNE 21, 2023

Due to travel restrictions, I cannot attend many industry events, so I observe from home, watching webinars and remote broadcasts. Almost two decades of reporting. We must rethink our leaders based on performance data and begin holistic learning. ” I smile as I work on data for a client where the greatest risk is demand.

Gartner 365

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 365

3rdwave

JULY 20, 2020

Too often they are dependent on their 3PL for reports and analytics that provide the meaningful information they need to really improve their global supply chain execution. independent performance metrics and analytics for management decision support. The cost of dependency is huge.

3PL 54

3PL Freight Procurement Analytics Negotiating Skills 54

GlobalTranz

MAY 1, 2018

Since this trend isn’t likely to change anytime soon, shippers who can contain the cost of shipping by maximizing efficiency and optimization throughout their shipping network will be on firm ground heading into the future. Data-driven analytics enables you to make cost-effective transportation decisions.

Prescriptive Analytics Software 153

Prescriptive Analytics Software Predictive Analytics Analytics Software Procurement Analytics 153

GlobalTranz

APRIL 13, 2018

Customer service is more important than ever, and customers expect purchases to arrive at record speeds with free or low-cost shipping, says GlobeCon Freight Systems. As a result, e-commerce will have wide-ranging impacts on supply chain management. However, the power of B2C services and sales must not be overlooked.

Supply Chain Software 130

Supply Chain Software Supply Chain Strategy Supply Chain Optimization Resource Reduction 130

GlobalTranz

FEBRUARY 7, 2018

Third-party logistics providers (3PLs) have been around for several years, and while 3PLs may have existing software suites, such as our very own transportation management system, the Cerasis Rater, many supply chain managers are still implementing in-house technology solutions that have severe capability limitations.

Supply Chain Design Software 170

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Optimization Software 170

BlueYonder

JANUARY 31, 2023

The following are the insights gained from my discussion with Salim Shaikh , who leads Blue Yonder’s Automotive Industry Strategy, during a recent Blue Yonder Live and webinars that we prepared for jointly. The last success factor is data. Please do not underestimate the importance of master data.

Automotive 86

Automotive Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 86

GlobalTranz

JULY 20, 2016

trillion, reports James Keller of Internet Retailer , and 2016 is shaping up to surpass last year’s records. More customers will be engaged in eCommerce this year than ever before, and retailers are seeing a definite shift in the number of customers making online purchases. More Emphasis on Real-Time Analytics.

Analytics Software 120

Analytics Software Supply Chain Design Software Demand Planning Software Predictive Analytics Software 120

GlobalTranz

FEBRUARY 12, 2018

On this position, you’d be managing all activities for purchasing raw materials, delivering them to the right point across the organization, making sure the organization is producing enough supply to meet the demand of the audience, and deliver the product to the right place at the right time. Understanding of Big Data. Tech Skills.

Negotiating Skills 177

Negotiating Skills Supply Chain Planning Software Purchasing Skills Supply Chain Software 177

GlobalTranz

JUNE 12, 2018

As explained by Dan Goodwill via Canadian Shipper, the problem goes much further than that, including lacking compliance management, subpar, if any, use of transportation management systems (TMS, and failure to utilize granular shipment activity data. Higher prices will also result in consumers jumping ship too.

Freight 150

Freight Price Reduction Supply Chain Planning Software Cost Reduction Strategies 150

GlobalTranz

APRIL 17, 2018

This has the effect of lowering overall shipping costs, meeting customers’ demands for lower-cost, faster delivery of small packages. The Reward: Ship Parcel Best Practices Enhance Competitive Advantage Understand Your Shipping Data. Shipping data includes verifying invoices for accuracy and recapturing overpayments.

Material Savings 151

Material Savings Shipping Cost Reduction Strategies Negotiating Skills 151