Locus Robotics

JANUARY 2, 2024

Home January 02, 2024 5 Ways to Cope with Changing Logistics Demand in 2024 Inés Alcántara , Senior Sales Engineer In an era marked by unpredictability and technological advancements, understanding and adapting to the changing demands of logistics is not just an option, but a necessity for success.

Demand Planning Software 52

Demand Planning Software Logistics Network Optimization Software Supply Chain Software Analytics Software 52

Unleashed

DECEMBER 21, 2023

Without the right inventory management solutions in place, it’s almost impossible to maintain optimal stock levels, minimise costs, and improve overall efficiency – all of which are essential to ongoing business success. According to Zebra’s Retail Vision Study , reducing stock-outs and overstocks can lower inventory costs by 10%.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

Precoro

MARCH 11, 2024

Yet there’s a proactive approach that addresses the high cost of healthcare: value-based purchasing (VBP). VBP also improves patient satisfaction by fostering greater collaboration among healthcare providers and making the patient experience one of the key evaluation metrics for hospitals.

Procurement Analytics 105

Procurement Analytics Procurement Solutions Purchasing Training Purchasing Skills 105

SCMDOJO

FEBRUARY 29, 2024

It is arguably true that supplier performance management is considered a business practice for measuring, analyzing, and managing supplier performance to reduce cost, and risk and also drive continuous improvement. Managing and optimizing a supplier’s performance is as essential as it is difficult. Price isn’t everything.

Vendor Strategies 56

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 56

Supply Chain Shaman

FEBRUARY 27, 2020

How do we harness the power of data with new forms of analytics? Today, technology providers are selling analytics. It is about answering the questions that we do not know to ask and testing and learning from market data (in vitro) to understand effective frontiers in complex non-linear systems. S&OP Challenges.

Analytics Software 246

Analytics Software Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 246

Talking Logistics

APRIL 27, 2016

As digitization continues to modify the global supply chain landscape, its unprecedented data sources and solutions will lead to not only the demise of disparate information systems, but to the rise of true, end-to-end, supply chain visibility. Augment and Set Visibility Tools In Place. Improve lead times and performance.

Optimal Sourcing 100

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 100

Hybrent

MARCH 6, 2019

Healthcare supply chain management software has the potential to improve efficiency and delivery cost savings. If you’re in the market for healthcare supply chain management software, here are eight features to look for. Electronic Procurement. What if shopping for healthcare supplies was like shopping on Amazon?

Supply Chain Software 40

Supply Chain Software Inventory Management Software Optimization Software Procurement Solutions 40

Enterra Insights

MARCH 27, 2019

Retailers have always been curious about the paths consumers take when they decide something needs to be purchased. When the Internet and World Wide Web introduced consumers to online shopping (aka e-commerce), the path to purchase became much more complex. Today the digital path to purchase is growing in importance. ”[2].

Procurement Analytics 100

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 100

ShipBob

NOVEMBER 24, 2023

Although inventory segmentation may not be on the radar of many ecommerce businesses, it’s a key component to achieving an optimized warehouse. Inventory segmentation is the process of categorizing inventory into manageable segments to optimize everything from storage to order fulfillment. What is inventory segmentation?

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Sourcing Strategies Inventory Management Software 52

Supply Chain View from the Field

JUNE 10, 2014

Many organizations are focused on driving analytics as a foundation for competitive advantage. Often overlooked in this discussion is the importance of establishing a foundation for analytics through the process of data readiness and data cleansing. It can be envisioned as the data version of the Technology Readiness Level (TRL).

Analytics Software 89

Analytics Software Procurement Analytics Supply Chain Software Analytics 89

Supply Chain Shaman

SEPTEMBER 17, 2015

The atoms and electrons of the supply chain are changing. Transmitted perfectly, replicated indefinitely; and with a one-time investment in network infrastructure, a digital task performs well with zero marginal cost. As shown in the 2015 Supply Chains to Admire report , over time, top performing supply chains plateau.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software Analytics Software 150

Hybrent

MARCH 6, 2019

Hospital supply chain management software has the potential to improve efficiency and delivery cost savings. If you’re in the market for hospital supply chain management software, here are eight features to look for. Electronic Procurement. Use software to automatically identify discrepancies and ensure accuracy.

Supply Chain Software 40

Supply Chain Software Inventory Management Software Optimization Software Procurement Solutions 40

QAD

SEPTEMBER 22, 2021

ERP software has the ability to connect and transform every aspect of an enterprise. Today’s Software-as-a-Service model provides businesses with a level of efficiency that helps them work smarter, faster, and more cost-effectively. What is ERP Software? High Tech & Electronics. Consumer Products.

Case Study 52

Case Study Study Optimal Sourcing Supply Chain Planning Software 52

EcoVadis

MAY 19, 2016

Procurement technology should make it easy to source ethically. Supply chain transparency is one of the key challenges facing Procurement and Sourcing in the coming years. In our fast-paced times, technology is shaping our expectations of our abilities and our ambitions of what we would like to achieve.

Optimal Sourcing 40

Optimal Sourcing Procurement Solutions Procurement Analytics Optimization Software 40

GlobalTranz

FEBRUARY 25, 2021

Customers expect to return products in the same way they purchased them, so it is not always as simple as just returning to a store. Shippers are faced with a variety of challenges: finding the right carriers for the specialized reverse logistics movements, managing costs and inventory, and delivering the desired customer experience.

Reverse Logistics 210

Reverse Logistics Logistics Network Optimization Software Material Savings Logistics 210

ShipBob

NOVEMBER 6, 2023

Using an inventory management software can help you keep track of inventory during physical inventory counts. Analytical procedures Doing analytical procedures during inventory audits involves comparing gross margins, inventory turnover ratio , and/or unit costs of inventory with previous years.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

Supply Chain Shaman

JUNE 14, 2014

But companies often have diverging incentives and interests from their supply chain partners, so when they independently strive to optimize their individual objectives, the expected result can be compromised. ”. I think about this discussion with Keith often as I work on the Supply Chain Index and edit the chapters of Metrics That Matter.

Optimal Sourcing 288

Optimal Sourcing Manufacturing Procurement Procurement Analytics Modeling 288

Unleashed

MARCH 28, 2021

Supplier Relationship Management (SRM) is a management concept frequently used by procurement and supply chain professionals. This will enable you to shape optimal performance and select the best provider based on company requirements such as professional services, transportation, and shipping capabilities. Performance optimisation.

Negotiate Pricing 111

Negotiate Pricing Cost Reduction Strategies Price Reduction Negotiating Skills 111

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. With the supply chains of all businesses going through a transformational shift, it is important for them to make tough decisions concerning logistics models.

Modeling 52

Modeling Modeling Software Optimization Modeling Logistics Network Optimization Software 52

Unleashed

AUGUST 18, 2021

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. How can smart software assist your reverse logistics programme? More people are likely to purchase goods from an online store if they know they can easily return products that don’t suit.

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98

RFgen

JUNE 20, 2013

Equipping your teams with supply chain mobility software is essential succeed in the 21st century. Supply chain professionals are under more pressure than ever to optimize processes and reduce spend. Fortunately, there are low-cost SCM technologies available to bolster your business. Important Supply Chain Metrics.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Software Optimization Software Price Mitigation Strategies 52

RFgen

JUNE 20, 2013

Equipping your teams with supply chain mobility software is essential succeed in the 21st century. Supply chain professionals are under more pressure than ever to optimize processes and reduce spend. Fortunately, there are low-cost SCM technologies available to bolster your business. Important Supply Chain Metrics.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Software Optimization Software Price Mitigation Strategies 52

Taulia

JANUARY 4, 2021

As a result, 43% of respondents to Taulia’s Covid-19 Supplier Survey reported an increase in receiving late payments. As the report noted, “the main reason seems to be that businesses are conserving their own cash amidst the economic uncertainty.” The post Working capital management in a post-Covid world appeared first on Taulia.

Inventory Reduction 52

Inventory Reduction Forecasting Procurement Analytics Forecasting Software 52

Taulia

OCTOBER 20, 2021

As such, an efficient supply chain is one in which orders are fulfilled by suppliers on time, while minimizing operational costs. While every company will have different priorities, a number of metrics can be used to measure supply chain efficiency. Calculated as cost of goods sold/average inventory.

Sourcing Strategies 105

Sourcing Strategies Optimal Sourcing Supply Chain Software Supply Chain Optimization 105

ThroughPut

NOVEMBER 12, 2020

However the current situation shows certain weaknesses in warehousing practices being followed: Lack of a strong technology focus for efficiency and quality improvement Absence of valid methodologies to identify the root causes of bad performance in a structured approach. Advance shipping notification. Manage critical KPIs.

Warehousing 52

Warehousing Expense Reduction Inventory Reduction Supply Chain Design Software 52

SCMDOJO

AUGUST 4, 2023

From improving cash flow and reducing carrying costs to increasing product turnover and minimizing the risk of obsolescence, there are plenty of advantages to be gained. Following the ever-changing nature of businesses, optimal cost control has not always taken the front seat in the priority list.

Inventory Reduction 92

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 92

Unleashed

JUNE 8, 2023

Behind every successful product business is a thoughtful procurement strategy designed to optimise the supplier management and purchasing process. This guide answers exactly what is procurement, how procurement works in a business , and which tools and strategies lead to supply chain success.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Vendor Strategies Material Savings 52

The Lean Supply Chain

JULY 7, 2015

The standalone Yard Management Systems (YMS) market is approximately $ 35.000,000 US which includes C3, Pinc, Navis and Yardview software solutions. What the key trends in the market, in terms of technology development, platforms used, buying patterns, supplier acquisitions, etc.? Real-Time – per second vs per day.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Design Software Modeling Software Demand Planning Software 40

Logistics Viewpoints

MARCH 9, 2023

End-to-end supply chain visibility, planning, and execution support software are critical in agile supply chain performance. CPG companies that utilize an autonomous supply chain technology see a reduction in their inventory and cost and an increase in revenue.

Supply Chain Planning Software 201

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 201

Supply Chain Game Changer

NOVEMBER 17, 2018

From clothing to electronics to toiletries, you can find almost anything on Amazon. The benefits of selling on Amazon range from access to millions of customers to the ease of their platform. You can also use tools like the MerchantWord’s keyword researcher to find items that are being searched for frequently online.

Negotiate Pricing 43

Negotiate Pricing Negotiating Skills Purchasing Skills How To 43

Supply Chain Game Changer

JANUARY 5, 2021

Featuring Our 12 Best Procurement Articles! Purchase Price Variance, or PPV, is a common term in the realm of Purchasing/Procurement and Finance. For some, PPV is a mechanical metric only, measured and reported on but without any further attention paid to it. What is Purchase Price Variance (PPV)?

Pricing Training 82

Pricing Training Purchasing Skills Purchasing Training Negotiating Skills 82

Supply Chain Game Changer

JANUARY 9, 2019

Procurement, or Purchasing, is an area of Supply Chain that involves and requires very specific skills and expertise. Regardless of your position or situation it is highly valuable to understand the type of interview questions, and answers, appropriate for Procurement and Purchasing professionals. It can appear useless.

Procurement Analytics 68

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 68

The Logistics & Supply Chain Management Society

MAY 18, 2021

Supply chain execution is required to distinguish between the high runner purchases and the slower-moving products customers are willing to wait for. Only by creating a new digital ecosystem will these and other changes shape supply chain models. Digital technologies can increase visibility, collaboration, speed and responsiveness ?

Supply Chain Network Software 243

Supply Chain Network Software Network Optimization Agile and Lean Supply Chain Modeling 243

Unleashed

MAY 10, 2023

Read on to learn how supply chain automation works and discover the tools you can use to reduce manual efforts and improve supply chain efficiency. Supply chain automation is the use of industry-specific hardware and software to improve efficiencies, reduce mistakes, and get better results from your supply chain processes.

Supply Chain Software 52

Supply Chain Software Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 52

ThroughPut

JUNE 5, 2024

Gartner defines Supply Chain Segmentation as: “ Designing and operating distinctly different end-to-end value chains (from customers to suppliers) optimized by a combination of unique customer value, product attribute, manufacturing and supply capabilities, and business value considerations.

Inventory Reduction 52

Inventory Reduction Material Savings Resource Reduction Sourcing Strategies 52

ThroughPut

JUNE 5, 2024

Gartner defines Supply Chain Segmentation as: “ Designing and operating distinctly different end-to-end value chains (from customers to suppliers) optimized by a combination of unique customer value, product attribute, manufacturing and supply capabilities, and business value considerations. What Are the Benefits of Supply Chain Segmentation?

Inventory Reduction 52

Inventory Reduction Material Savings Sourcing Strategies Resource Reduction 52

Logistics Bureau

AUGUST 10, 2017

On the other hand, quality might refer to delivery execution and whether your customers’ goods are dropped at the curbside, delivered to the door, or if extra services are included (such as installation of white goods or setting up of TVs and similar electronics). The metrics and KPIs described here are of course, fairly generic.

Supply Chain Planning Software 44

Supply Chain Planning Software Cost Reduction Strategies Inventory Reduction Price Reduction 44