GlobalTranz

SEPTEMBER 23, 2021

Talent shortages, especially limited drivers, will exacerbate the capacity crunch and result in shortages across warehousing and transportation simultaneously.? . Pent-up demand of customers and the strong predictions for another above-average peak season has put a unique burden on truckload and parcel transportation.

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

GlobalTranz

APRIL 25, 2016

Sure, supply chain cost reduction is important in reducing the cost of goods sold (COGS) and increasing profit, but there are other measurements which should not be forgotten. 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. 10 Soft Metric Considerations in Measuring Supply Chain Performance.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Resilinc

MARCH 26, 2024

In our second AI blog of the series, Predictive AI vs. Generative Supply Chain AI , we looked at the difference between predictive AI and generative AI. Currently, Resilinc uses several predictive AI models in tracking purchase orders (POs) and commodities, autonomous mapping, risk-scoring models, and simulators.

Modeling 114

Modeling Supply Chain Risk Management Modeling Software Risk Management 114

Resilinc

SEPTEMBER 6, 2022

Resilinc has published its 2022 Half Year report. For a taste of what’s included in the report, we’re highlighting some key year-on-year trends covered. Take a read and then be sure to download our 2022 Half Year Report – Gridlock for the full overview. The pandemic isn’t over—especially not in China.

Procurement Analytics 62

Procurement Analytics Report Purchasing Skills Russia 62

crisp

DECEMBER 15, 2021

One of the big catalysts for change right now is the acceleration of data and analytics in supply chain management. A recent survey of procurement leaders showed a 15-20% increase in ROI when using data and analytics to make decisions. That same survey showed that up to 50% of procurement teams’ time was spent looking for data.

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Organisations that have successfully implemented RPA initiatives report cost savings of up to 80% and time savings of up to a staggering 40%. Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Purchase Order Management.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

Supply Chain View from the Field

DECEMBER 16, 2013

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Not surprisingly, analytics is at the top of the list. This complexity is occurring in many forms.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

3rdwave

AUGUST 7, 2019

There are 4 fundamental areas where global transportation is challenged. Three of these challenges are variants on traditional transportation challenges and the last is relatively new but growing in importance. These challenges are: Information Accessibility – visibility, reporting & analysis, communication.

Global Transportation 75

Global Transportation Transportation Management Purchasing Skills Negotiating Skills 75

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

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. Now that’s where the first use case of AI in the supply chain emerges: AI for demand forecasting.

Predictive Analytics Software 59

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

ToolsGroup

DECEMBER 20, 2021

Every major publication and news outlet is reporting on the supply chain crisis. Most of the reporting has been pretty shallow, leaving all to wonder how it can be solved. . Image source: Bloomberg. Image source: American Journal of Transportation. Macro Supply Chain Issues Caused a Ripple Effect. The result? .

Supply Chain Disruption 194

Supply Chain Disruption Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 194

Unleashed

AUGUST 20, 2023

For customers, it can mean the time it takes to receive an order after they have purchased it. For product sellers, it can refer to how long it takes to receive raw materials or bulk products after placing a purchase order with a supplier. There are many definitions for lead time in supply chain management.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

SupplyPike

MAY 14, 2020

Supply Chain Management (SCM) is a systematic and controlled procurement operation. Procurement usually comprises a diverse range of suppliers chosen according to a conceived ability to supply merchandise at the right price. Five Key Metrics for Monitoring the Impact of Panic Buying on your Supply Chain.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Procurement Analytics 98

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. This ensures efficient and safe transportation.

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Optimization Software Logistics Network Optimization Software 52

QAD

JANUARY 19, 2023

E-commerce brands must oversee design, manufacturing, sourcing, warehouse inventory, shipping and delivery. Logistics is a larger focus for transportation companies. Industry: carrier regulations, trade compliance and transportation. Sourcing – Collaboration starts by selecting suppliers to produce items or services.

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 95

Supply Chain Shaman

SEPTEMBER 10, 2020

COVID-19 drove a cancellation, but I hope to host the event again in 2021 in Franklin, TN. Covered in the paint spatter on a beautiful Sunday afternoon, I thought about what I would have said to the audience if the event wasn’t canceled. Demand latency is the time from channel purchase to order receipt.) Rising Complexity.

Supply Chain Planning Software 395

Supply Chain Planning Software Supply and Demand Supply Chain Design Software Supply Chain Software 395

Precoro

APRIL 18, 2023

In today’s globalized economy, extraordinary events on one continent can be felt worldwide, as companies tend to have complex supply chains involving suppliers from multiple countries. While this complexity allows for cost-efficient production and a wider selection of goods, it also poses significant challenges to supply chain stability.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Real-time Visibility Supply Chain Software 98

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

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

GlobalTranz

AUGUST 1, 2018

Even in blockchain, errors in data entry will result in continuous compounding negative effects and incorrect supply chain analytics insight. Similar ways of applying blockchain in logistics and supply chain management will streamline processes, restore consistency to networks, and promote a stable transportation industry.

Supply Chain Planning Software 121

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

Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. How often do purchases happen?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

GTG Technology Group

FEBRUARY 11, 2019

6 Transportation Industry Trends to Look for in 2019. New opportunities in the transportation industry are thriving. Transportation professionals seeking to stay on top of trends in the industry look to implementing these trends. Focus on Data Analytics. Disruption of Transportation Industry.

Trends 36

Trends Transportation Analytics Software Industrial 36

Supply Chain Shaman

OCTOBER 8, 2019

The budget is for a fiscal year with quarter reporting and updates. The direct connection between the two processes increases costs and increases error. Instead, it should be mapped as an input to track supply chain forecasting to financial budgets for reporting and insights. Time horizon. Bias and error.

Supply Chain Design Software 183

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

Supply Chain Matters

OCTOBER 7, 2022

Supply Chain Matters calls reader attention to a published report that indicates for one retailer, the sudden shift in consumer demand this year may not have been that sudden. We recommend that our readers have a view of this report.

Supply and Demand 52

Supply and Demand Inventory Reduction Demand Planning Software Price Reduction 52

HICX Solutions

FEBRUARY 15, 2024

This has been acutely highlighted since the turn of the decade due to global events. Therefore, awareness of changes in global regulatory legislation and a focus on sustainable procurement have never been so important for organizations of all sizes.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 52

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. Some solutions now include proactive event management driving recommendations to correct/prevent disruption. Surgery is over. I am safely recuperating at home.

Gartner 346

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 346

BlueYonder

FEBRUARY 17, 2022

Coming out of Y2K, more logistics operations focused on improving labor management, transportation management and green initiatives such as advancements in lighting technology, safety features with automated dock ramps with trailer locks and more. Investments in Transportation solutions is imperative.

Supply Chain Planning Software 70

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

Supply Chain Game Changer

AUGUST 21, 2022

A global chemical manufacturer recently had to replace ships that transported bulk materials to ports. While transportation is vital to the success of a supply chain, its use may not be optimal. When shipping large quantities of goods on slow forms of transportation, a company may disappoint its customers and lose business.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

Supply Chain Matters

JANUARY 11, 2023

Streamlined modeling techniques that make the creation and iteration of models accessible to application users who do not have extensive operations research and data science backgrounds. Users remained mostly operations research or specialty consulting firms, and the use cases remained singular event driven. Added Importance.

Network Design Software 52

Network Design Software Logility Procurement Solutions Supply Chain Design Software 52

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. Cost reductions.

Negotiate Pricing 111

Negotiate Pricing Cost Reduction Strategies Price Reduction Negotiating Skills 111

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.

Automotive 85

Automotive Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 85

BlueYonder

MARCH 24, 2022

The State of Supply Chain Sustainability 2021 report tells us that the work for increased supply chain sustainability has not slowed down as a result of the COVID-19 pandemic, but is continuing in full force. When additional capacity is built, for example more warehouses or more sourcing partners, the environment is often negatively affected.

Supply Chain Planning Software 84

Supply Chain Planning Software Supply Chain Software Sustainability Agile and Lean Supply Chain 84

Unleashed

FEBRUARY 1, 2023

The demand planning process can be extremely complex as it requires the analysis of numerous factors, including historic and current datasets and internal analytics. Review data from relevant sources This step requires an understanding of what data will be useful , and what should be left out. The demand forecasts can then be refined.

Supply and Demand 52

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

Logistics Viewpoints

OCTOBER 26, 2022

ARC defines the warehouse automation market according to a number of qualifications and dimensions to deliver a well-defined measure, with numerous segmentations, allowing those that purchase the research to understand what is being measured, and to easily extrapolate the findings to support their strategic planning needs.

Supply Chain Software 270

Supply Chain Software Warehousing Supply Chain Design Software Supply Chain Planning Software 270

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. Earlier this week, a resurgent coronavirus forced Japan to declare a state of emergency in the capital that will run throughout the event. As a result, the Olympics will take place without spectators.

Logistics Network Optimization Software 165

Logistics Network Optimization Software Logistics Price Reduction Finland 165

Supply Chain Matters

SEPTEMBER 8, 2022

Procurement sourcing and tail spend solutions provider Fairmarkit announced the completion of a $35.6 This provider describes itself as an AI- enabled procurement Cloud platform built for the sourcing of lower-dollar, non-strategic purchases, commonly referred to as “ tail spend.” Fairmarkit Announces $35.6

Supply Chain Planning Software 52

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

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