Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. At a high level, what GEON does is purchase plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. It’s the narrative.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 235

Supply Chain Shaman

JANUARY 31, 2022

Source E2open Shipping Index). Today, only 4% of companies are the first to buy new technology—a 40% decline from post Y2K in 2001. Lucas had a team that dictated sourcing based on excel spreadsheet analysis to reduce cost and improve tax efficiency. Market inflation sits at 7%–the highest since June 1982.

Procurement Analytics 217

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 217

Supply Chain Shaman

OCTOBER 8, 2019

The focus is on the role of supply chain finance in driving supply chain excellence. The design of the conference includes tours of several modern warehouses and centers of excellence. The budget is not sufficient and is often a detrimental input for supply chain forecasting. The supply chain forecast is a rolling forecast.

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

Supply Chain Shaman

FEBRUARY 7, 2022

Source E2open Shipping Index). Today, only 4% of companies are the first to buy new technology—a 40% decline from post Y2K in 2001. Lucas had a team that dictated sourcing based on excel spreadsheet analysis to reduce cost and improve tax efficiency. Market inflation sits at 7%–the highest since June 1982. Less Collaborative.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Every industry sector and every business across the board, in APAC and around the globe have been impacted by the Great Supply Chain Disruption over the last two years, causing a blow out of transportation costs and continuous delays at every stage of the channel. Brand loyalty is no longer the driver for consumer purchasing decisions.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

ThroughPut

MARCH 28, 2024

Integrating Artificial Intelligence (AI) within different segments of the Food Industry, including transportation and logistics, production planning, quality control, and others has kicked off revolutionary transformations. All for the good. Let’s find out more about this in this article. Overview of AI in the Food Industry 1.

Case Study 52

Case Study Optimal Sourcing Supply Chain Planning Software Food 52

SCMDOJO

MARCH 19, 2024

Logistics Logistics involves managing the transportation and delivery of goods. This includes providing excellent customer service, so businesses can enhance customer satisfaction and loyalty. Materials Planner Forecasts material needs based on production plans and sales forecasts. Enroll Now!

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

ThroughPut

FEBRUARY 2, 2024

This technology sifts through complex data to forecast potential disruptions and market trends, allowing companies to plan ahead instead of reacting in the moment. Clear Demand Forecasting Without Advanced Analytics: It’s hard to predict what customers will want. is advanced supply chain analytics.

Prescriptive Analytics Software 52

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

ThroughPut

FEBRUARY 23, 2024

12 Key Supply Chain AI Use Cases Supply chain AI Use Case 1: Demand Forecasting Market instability is the Achilles heel of demand forecasting right now. And the effect of inaccurate demand forecasting is felt across the supply chain. Just about everyone in the supply chain gets negatively impacted by wrong forecasts.

Predictive Analytics Software 59

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

Enterra Insights

FEBRUARY 13, 2019

You can use data gathered from user behavior and purchases to predict how they may act in the future or tailor marketing efforts to their likes, dislikes and buying habits.” Demand forecasting. ” Machine learning and the supply chain. They are: 1. Improved performance. ” 3. . Pattern recognition. ” 8.

Optimal Sourcing 124

Optimal Sourcing Columbus Procurement Analytics Predictive Analytics 124

GlobalTranz

FEBRUARY 4, 2019

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. As omnichannel shopping becomes the standard for consumers, the use of freight data will excel.

Supply Chain Planning Software 120

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 120

Unleashed

FEBRUARY 8, 2024

A robust inventory tracking system can help you mitigate these risks by providing par-level alerts, more accurate forecasts, and practical contingency plans. Customers want to know product availability, price, and delivery times of the goods they are looking to purchase.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Forecasting Software Demand Planning Software 52

ShipBob

DECEMBER 20, 2021

Think about your most recent purchase. This sequence of events involves many moving parts, including purchasing, packaging, shipping, and transporting materials to distributors to sell to the end customer. expecting same day delivery, two-day shipping, etc.) To help support new customer trends (e.g.

Logistics Network Optimization Software 97

Logistics Network Optimization Software Forecasting Software Supply Chain Planning Software Supply Chain Design Software 97

Locus Robotics

MARCH 9, 2023

By Geoff Whiting, Senior Writer, Red Stag Fulfillment Applying automation and artificial intelligence (AI) to supply chain management is an excellent way for manufacturers to increase the accuracy, speed, and efficiency of operations. RPA is an excellent tool for automating laborious processes currently executed manually.

Supply Chain Software 52

Supply Chain Software Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 52

ShipBob

DECEMBER 13, 2023

Lead time Lead time is the time taken from placing an order with a supplier to receiving the inventory or the time taken from when a customer purchases something to when it gets delivered. Poor demand forecasting Inaccurate demand forecasting can lead to either overstocking or stockouts. I sleep better at night.”

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Inventory Management Software 52

Supply Chain Shaman

AUGUST 14, 2016

The network senses, translates, and orchestrates market changes (buy- and sell-side markets) bidirectionally with near real-time data to align sell, deliver, make and sourcing organizations outside-in. It is about much, much more than Vendor Managed Inventory (VMI ) or Collaborative Forecasting and Replenishment. The Building Blocks.

Material Savings 181

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 181

BlueYonder

MARCH 16, 2023

For example, if there is a port congestion or weather event affecting a truck on the road or a ship in the ocean, or a delay in the customs clearance or a COVID-19 shutdown in Shanghai, China, then supply chain operations can look at alternative, proactive risk mitigation strategies. Having that end-to-end visibility is key.

Automotive 73

Automotive Real-time Visibility Logistics Network Optimization Software Trends 73

Supply Chain Matters

DECEMBER 21, 2022

Global parcel logistics and transportation carrier FedEx reported fiscal Q2 quarterly financial performance this week with the implications continuing to resound across traditional and online E-commerce business circles. At the same time, we continue to focus on delivering excellent service for our customers.”. percent to 7.9

Cost Reduction Strategies 59

Cost Reduction Strategies Expense Reduction Sourcing Strategies Purchasing Skills 59

Unleashed

MAY 19, 2020

and a forecasted market valuation of US$107.85 Planning and forecasting. How many due to transport issues? Sales forecasting, customer service and sales order management. Don’t purchase any supply chain solution that is not Cloud or SaaS based. billion by 2024, according to Business Wire. Customer service.

Supply Chain Planning Software 98

Supply Chain Planning Software Forecasting Software Inventory Management Software Demand Planning Software 98

Unleashed

AUGUST 3, 2021

This increase in pet ownership—along with panic buying—has created a huge surge in demand for pet food. tended to buy their?pet purchase in bulk, hoarding quantities?of Production forecasting is based on historical?data, international shipping?problems, Shortages in ground transportation equipment?and

Manufacturing Procurement 98

Manufacturing Procurement Food Inventory Management Software Manufacturing 98

Unleashed

OCTOBER 4, 2023

The order fulfilment process covers every step required to get goods to the people who purchase them, from the moment a customer places an order to when they receive their purchase. Shipping and logistics: Selecting the appropriate shipping method, arranging transport, and coordinating with couriers for delivery.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

Unleashed

OCTOBER 30, 2023

Ecommerce consumers want fast, accurate deliveries and a transparent purchasing process. It includes tasks such as managing inventory, packing and shipping customer orders, and processing returns. Procurement and purchasing Before goods can be sold and delivered to customers, they must be produced, acquired, and prepared for sale.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Procurement Solutions Material Savings 52

Supply Chain Shaman

JANUARY 2, 2023

A large consumer products manufacturer with nine Enterprise Resource Planning (ERP) instances and several divisions wanted to discuss forecasting. The team was not calibrated on the role of forecasting and the basics around process excellence. What Is a Forecast Anyway? A forecast is not a forecast.

Supply and Demand 358

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 358

ThroughPut

JUNE 4, 2020

Demand forecasting. Accurate demand forecasting is an important element of inventory optimization. Demand and Supply chain forecasting can be done in several ways depending on the kind of products or services involved, the product life cycle, and the industry being catered to. Demand forecasting challenges.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

ThroughPut

JUNE 4, 2020

Demand forecasting. Accurate demand forecasting is an important element of inventory optimization. Demand and Supply chain forecasting can be done in several ways depending on the kind of products or services involved, the product life cycle, and the industry being catered to. Demand forecasting challenges.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

GlobalTranz

FEBRUARY 5, 2019

Shippers need to understand how the state of the logistics industry will affect operations and why high-quality reporting, including both internal and external reports, is crucial to proper forecasting and planning. The Move to LTL Digital Shipping. How New LTL Technologies & Processes are Changing the Shipping Game.

Eliminating Excel in Purchasing 129

Eliminating Excel in Purchasing Procurement Analytics Logistics Network Optimization Software Report 129

Supply Chain Game Changer

NOVEMBER 26, 2020

Freight costs and budget adherence are among the most important and often overlooked aspects of transportation management. This sector covers important activities relating to procurement, transport, and storage of goods. Measuring performance with transportation KPIs and freight data is getting easier.

Freight 60

Freight Expense Reduction Cost Reduction Strategies Scenario Planning 60

GlobalTranz

MAY 13, 2015

However, one thing that should come to mind is the prowess of the retail giant’s supply chain excellence. ” The Key’s To Walmart’s Supply Chain Management Excellence over the Year. Walmart uses its mammoth purchasing power to shape suppliers’ behavior which also drives down costs, Gartner said.

Gartner 120

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 120

Zipline Logistics

MAY 26, 2020

Purchase Insurance. Purchasing insurance remains the most overt solution to prepping your business for natural disasters. And as added protection, your organization can purchase business interruption coverage, which can cover you for lost sales during a disruption. Relaying information to transportation partners is vital.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Strategy Inventory Reduction Supply Chain Software 52

SupplyOn

OCTOBER 2, 2018

SBB relies on RailSupply to significantly improve efficiency in purchasing and procurement logistics. The goal of this changeover was to significantly streamline the SBB’s purchasing and procurement logistics. In the initial step, SBB has connected 15 business partners from the Passenger Transportation Division on the supplier side.

Vendor Strategies 40

Vendor Strategies Optimal Sourcing Inventory Reduction Industrial 40

Supply Chain Opz

NOVEMBER 9, 2014

This causes a misalignment of actions, such as suppliers not making the right item at the right time due to forecast inaccuracy. Aggregate forecasts are more accurate than individual forecasts. Work with your broker to see if you can get priority on unloading the ship and inland transport.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

Supply Chain Game Changer

SEPTEMBER 15, 2021

As well as carrying transportation and storage costs, unsold inventory is at risk of theft, obsolescence, loss, and (in some cases) decomposition. Improved relationships with suppliers: You can use sophisticated inventory insights to negotiate excellent deals with suppliers and vendors. Learn the ABC method. The Bottom Line.

Inventory Management Software 92

Inventory Management Software Manufacturing Procurement Inventory Management Supply Chain Planning Software 92

Supply Chain Shaman

JUNE 2, 2020

The design of the global supply chain at the start of the pandemic assumed frictionless borders, availability of transportation resources, and supply with few constraints. What was the cost of sales for the products shipped? How did the changing mix of the orders shipped change inventory buffers at suppliers? My caution?

Supply Chain Design Software 254

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Design 254

GlobalTranz

FEBRUARY 2, 2015

Editor’s Note: Cerasis is a 3PL focused on transportation management. Inventory is then put on pallets and shipped as freight. If you are looking to optimize VMI in regards to transportation management, contact Cerasis today to speak to one of our Account Executives or read our white paper on Inbound Freight Management.

Vendor Strategies 120

Vendor Strategies Inventory Reduction Modeling Software Modeling 120

Talking Logistics

JUNE 30, 2015

Transportation has followed the same evolutionary pattern, moving upstream from day-to-day freight transactions to an integral component of top-level corporate planning and procurement strategy. As a strategic process, transportation procurement may still seem very tedious and challenging. Be demand driven. Hire smart data analysts.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Procurement 100

ThroughPut

NOVEMBER 12, 2020

Dearth of continuous improvement to drive for excellence in warehouse operations Scarcity of end-to-end perspectives in processes, costs, or external supply chain interfaces. Advance shipping notification. Lean warehousing. which can help nail down inefficiencies.

Warehousing 52

Warehousing Expense Reduction Inventory Reduction Supply Chain Design Software 52

SCMDOJO

AUGUST 4, 2023

By having a leaner inventory, you can better forecast demand and ensure that you have enough stock to meet customer needs without overstocking. This reduces the chances of lost sales and the associated costs of rush orders or expedited shipping. Forecast Seasonal Demand – The customers are always around during seasonal demands.

Inventory Reduction 90

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 90