GlobalTranz

MAY 20, 2015

When you choose a company to transport your freight or to supply you with the materials you need to manufacture a product, you are putting your hard work and reputation in their hands. The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Freightos

FEBRUARY 16, 2020

The digitization of commerce created a path for giants like Amazon and Alibaba to dominate their respective storefront/fulfillment and sourcing roles in the market. million freight containers each year. That digital reach extended to importing as well.

Purchasing Skills 177

Purchasing Skills Supply Chain Software Price Reduction Manufacturing Procurement 177

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. Optimize delivery routes, improve freight operations, and propose the best shipping methods to you.

Predictive Analytics Software 59

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

Locus

JULY 24, 2023

Supply chain management involves the transportation of freight between locations, and load matching is a small but critical aspect that drives supply chain efficiency. Load matching can be understood as the pairing of freight with the most suitable transportation carriers. Thirty-five percent of trucks travel empty in the U.S.,

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Optimization Software Logistics Network Optimization Software 52

Supply Chain Collaborator

MARCH 16, 2020

Here are three reasons why logistics management software like TMS, YMS Freight Audit and others is essential to the survival of business during events like global pandemic. The best illustration prompted by the current situation comes from a Reuters report today. “A

Supply Chain Planning Software 108

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Demand Planning Software 108

Supply Chain Matters

JULY 15, 2022

This Ferrari Consulting and Research Group advisory brief provides added perspectives on premium personal fitness equipment and services provider Peloton Interactive , the litany of events that have surrounded the company, and some lessons acquired. Sourcing was both a cost as well as landed cost decision factor.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

BlueYonder

JANUARY 31, 2023

The visibility will include not just the short-term purchase order or ASN-level visibility, but also the tactical kind of forecast collaboration with the suppliers. Based on the disruptive events that we are seeing – from tariffs, NAFTA, Brexit, COVID-19, etc. Please do not underestimate the importance of master data.

Automotive 86

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

3rdwave

AUGUST 7, 2019

These challenges are: Information Accessibility – visibility, reporting & analysis, communication. Transportation Cost Management. The same is true for carrier performance, invoice details, and basic reports. The same is true for the information required to execute reports or analysis around transportation.

Global Transportation 75

Global Transportation Transportation Management Purchasing Skills Negotiating Skills 75

MIT Supply Chain

FEBRUARY 3, 2022

If this prediction turns out to be true, what are the implications for supply chain sustainability? One example is the transition to green freight transportation, and more specifically, how the adoption of fuel-efficient vehicles and practices could have negative outcomes for labor. How will today’s workforces acquire these skills?

Sustainability 52

Sustainability Supply Chain Software Supply Chain Purchasing Skills 52

BlueYonder

FEBRUARY 17, 2022

Followed by focus on big data analytics where companies began leveraging BI (business intelligence) tools for data-driven decision making. As we adhered to shelter-in-place orders from the CDC (Centers for Disease Control), each of us were purchasing more products and services online at a faster adoption rate than ever before.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 70

Locus Robotics

MARCH 9, 2023

Artificial intelligence and machine learning AI and ML offer manufacturers powerful predictive analytics that transform manufacturing supply chain management by improving forecasting accuracy and speed, supporting better decision-making, and reducing operational costs.

Supply Chain Software 52

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

Supply Chain Game Changer

AUGUST 21, 2022

Thus, logistics for a retailer begins at the source of the goods and extends to their final destination – the brick-and-mortar store. In order to measure the efficiency of your supply chain, companies must track certain metrics. Metrics help to prioritize activities and improve processes. Supply Chain 4.0

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

ModusLink Corporation

DECEMBER 13, 2022

Yes, COVID caused many issues, but other factors, including geopolitical changes, the war in Ukraine, weather events, peak season , and economic instability, have altered the fabric of logistics. US-based consumers evaluate pricing on every purchase, including considering the shipping costs associated with e-commerce.

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Trends 78

Enterra Insights

JANUARY 31, 2022

They write, “Mainstream news reports are full of claims that supply chains are broken, citing widespread product shortages, overflowing ports and spiking freight costs. ” The better an organization’s understanding of real-world events, the more likely they are to improve demand planning. ”[3].

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply and Demand 130

BlueYonder

SEPTEMBER 6, 2022

Companies can now leverage AI-enabled algorithms, advanced data science and predictive analytics to pull in enormous volumes of structured and unstructured insights from across the end-to-end supply chain — across multiple tiers of suppliers — in near real time.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Strategy Supply and Demand 52

Logistics Viewpoints

APRIL 28, 2023

This event, observed in the U.S. The National COSH also recognizes the impact these preventable events have on family members. Annual rate hikes taking hold and fuel surcharges not declining as sharply as fuel price indices over the past year contributed to the higher costs. households each year, a new report has found.

Material Savings 202

Material Savings Purchasing Skills Logistics Network Optimization Software Logistics 202

Jaggaer

APRIL 14, 2020

Define your procurement response strategy. Yet with the autobahns, motorways and highways largely free of traffic apart from freight, goods are generally getting through and we are yet to see long-term shortages of food and other essential items. Adapting to the present and future challenges of COVID-19. Harvests under threat.

Supply Chain Disruption 52

Supply Chain Disruption Europe Cost Reduction Strategies Material Savings 52

ShipBob

SEPTEMBER 20, 2021

The process involves complex steps, from procurement, to shipping products to end users, often resulting in a lack of visibility and high operational costs. In this post, we take a look at how you can improve your end-to-end supply chain operations and create a seamless workflow to enhance visibility and reduce operational costs.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 52

Supply Chain Game Changer

APRIL 21, 2020

So much time is spent in data entry, spreadsheet creation and manipulation, chart creation, purchase order changes, labelling, reporting and more that is wasteful. Once we get past this pandemic there will be many lessons learned and people will be looking for how to strengthen Supply Chains to withstand any future such events.

Waste Reduction 91

Waste Reduction Inventory Reduction Cost Reduction Strategies Material Savings 91

3rdwave

JUNE 21, 2019

Almost since 1982 when Keith Oliver coined the term supply chain, analysts, reporters, academics, and consultants have written about supply chain resiliency. Any company that trades globally or depends on products that are sourced globally are going to find out what resiliency means. Flexible, configurable sourcing.

Optimal Sourcing 82

Optimal Sourcing Supply Chain Optimization Agile and Lean Supply Chain Manufacturing Procurement 82

Gravity Supply Chain

MAY 20, 2022

Developing end-to-end supply chain management software, Gravity optimizes operations, mitigates risk, and controls costs. A major global event challenges a globalized system. In 1956, manually loading a ship cost $5.86 per ton; the standardized container cut that cost to just 16 cents a ton … The U.S.

Supply Chain Planning Software 52

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

Zipline Logistics

JULY 13, 2021

Challenges brought on by COVID-related disruption are forcing shippers to adjust supply chain strategies to accommodate fervent demand, rising logistics costs, and scarcer trucking capacity. As we hit the back half of 2021, let’s explore what current retail trends are doing to the freight market and how CPG brands are affected.

Trends 52

Trends Retail Cost Reduction Strategies Inventory Reduction 52

Intelligent Audit

AUGUST 5, 2022

Depending on the source, growth stands near 6% for each quarter, and according to Retail Dive, e-commerce will surpass $1 trillion by the year’s end. million returns before the Christmas holiday, reported Tom Ryan of RetailWire. Those events were relatively isolated, depending on the locations and demands.

Reverse Logistics 52

Reverse Logistics Logistics Network Optimization Software Procurement Solutions Demand Planning Software 52

Supply Chain Game Changer

NOVEMBER 25, 2018

On the other hand, customers are always aware of the status of their purchase and have the ability to interact with their driver directly if need be. Customers are increasingly demanding and worried about the supply chain behind their purchases. SCM #SupplyChain #Logistics #Freight #ECommerce #Business. Sharing Economy.

Logistics Network Optimization Software 58

Logistics Network Optimization Software Trends Optimal Sourcing Sourcing Strategies 58

ToolsGroup

APRIL 1, 2022

While the industry continues to be rocked by world events, uncertainty has become the new normal. 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Source: Consultancy.UK. Image source: Fortune. Chain Store Age ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

TMC

FEBRUARY 11, 2016

Total eCommerce sales in November and December 2015 are expected to be around $69 billion, a 13% increase on the previous year, reports the Wall Street Journal [1]. Finally, I will often purchase the product online, but choose to pick it up in store. Focusing on exceptions—not every event. Delivering the right information.

Omnichannel 48

Omnichannel Supply Chain Software Logistics Network Optimization Software Modeling Software 48

FLEXE

JUNE 14, 2018

Now, its two-day promise isn’t even its fastest offer—for many Amazon purchases, next- or same-day delivery is available and free. Assumptions and intuition don’t drive business decisions, quantifiable metrics do. Post-purchase operations can feel like it’s out of your hands. Do they want fast shipping? Free shipping?

Procurement Analytics 34

Procurement Analytics Purchasing Skills Procurement Solutions Resource Reduction 34

FLEXE

JUNE 14, 2018

Now, its two-day promise isn’t even its fastest offer—for many Amazon purchases, next- or same-day delivery is available and free. Assumptions and intuition don’t drive business decisions, quantifiable metrics do. Post-purchase operations can feel like it’s out of your hands. Do they want fast shipping? Free shipping?

Procurement Analytics 34

Procurement Analytics Purchasing Skills Procurement Solutions Resource Reduction 34

GlobalTranz

JANUARY 4, 2016

Employ comprehensive solutions that support the entire source-to-settle process and create value for all parties involved in it. You can model workflows through the facility, test measurements, even “field test” rearrangements—all virtually. 2016 Supply Chain Trend #6: Procurement’s New (read Bigger) Role in the Supply Chain.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 120

QAD

OCTOBER 24, 2023

As a result, it’s difficult to discover qualified suppliers, effectively collaborate with suppliers and quickly respond to unexpected supply events. Organizations we work with often mention the desire for a single source of truth that improves decision making with suppliers based on the same set of information.

Supplier Management 93

Supplier Management Procurement Solutions Optimal Sourcing Supply Chain Network Software 93

Unleashed

MAY 19, 2020

How many stock-outs, an event that caused inventory to be exhausted? Don’t purchase any supply chain solution that is not Cloud or SaaS based. However we don’t recommend small breweries opt for the former, as they limit agility / scalability and add cost, whereas a SaaS solution will more easily scale with your business.

Supply Chain Planning Software 98

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

EC Sourcing Group

SEPTEMBER 22, 2020

There are many terms when it comes to all levels of procurement management, which is a smaller part of the overall supply chain. Sourcing is the term used when the purchasing department is searching for the right supplier (or group of suppliers) to fill a particular need, typically a good or service, to fulfill a purchasing order.

Optimal Sourcing 52

Optimal Sourcing Purchasing Skills Procurement Solutions Sourcing 52

GlobalTranz

JULY 14, 2015

Furthermore, the use of robotics in the order fulfillment, specifically the “item picking” processes , could help foster a faster purchase-to-delivery timeline. Twitter Facebook Google+ LinkedIn The post The (Internet of Things) IOT Supply Chain Benefits Now Coming Clearer appeared first on Freight Logistics Company | Cerasis.

Internet of things 120

Internet of things Supply Chain Software Supply Chain Optimization Supply Chain Strategy 120

The Logistics & Supply Chain Management Society

JULY 23, 2020

Most of the current repetitive processes like (forecasting, reports, purchase orders & Invoicing) will be automated using various technologies. Diversify supplier base : Supply chain should not be overly dependent on long lead-time or on a small pool of specific suppliers or sourcing regions. CONCLUSION.

Agile and Lean Supply Chain 258

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 258

Talking Logistics

APRIL 10, 2019

Source: Google. Descartes survived, however, and became one of the first software companies to embrace the software-as-a-service (SaaS) business model. Descartes Systems Group Revenue 2006-2018 (Source: macrotrends). Real-time freight visibility is quickly becoming a “must have” capability for transportation managers.

Supply Chain Design Software 20

Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software Logistics Network Optimization Software 20

Enterra Insights

MAY 16, 2022

The global supply chain doesn’t adjust well to unexpected or unusual incidents — so-called black swan events. Extended lockdowns, changes in consumer behavior, spikes in fuel costs, and tensions among global trading partners have caused an unprecedented breakdown of the supply network. But how to do it is still up for debate.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Alloy Supply Chain Software 130

The Lean Supply Chain

JULY 7, 2015

While yard tractors carry out their regular duties, attached GPS-enabled RFID readers recognize trailers by the tags, and report the location data in real time. RTLS also enables management to monitor yard operations’ key performance indicators (KPIs) based on quantifiable productivity metrics measured by the actions of the yard trucks.

Supply Chain Planning Software 40

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