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.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

Logistics Viewpoints

DECEMBER 5, 2022

There was no air freight possible then into Europe,” added Gerald van den Eijnden. A multi-enterprise supply chain network platform provides network-based order fulfillment applications and advanced network-based supply chain risk analytics. Yes, SAP had inbound ASN’s (advanced ship notices). But they were very basic.

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 196

Supply Chain Game Changer

SEPTEMBER 9, 2020

Digital Procurement article and permission to publish here provided by Katherine Barrios of xeneta.com. The Hackett Group has recently released their analysis of their procurement benchmarking database. It demonstrates the advantages of working with a digital procurement strategy. Important Digital Procurement Trends.

Optimal Sourcing 58

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Procurement 58

ThroughPut

JUNE 17, 2022

Increased labor costs, declining freight rates, high demand for quick shipping with reduced bulk orders, skyrocketing carrier margins etc. are just some of the variables impacting logistics and freight operations globally. Making every mile count with AI-powered Freight Management Software – 5 Benefits.

Optimal Sourcing 52

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Supply Chain Game Changer

NOVEMBER 19, 2018

Check out Procurement Experiences, Trends and the Future! These are the innovative technologies that I predict companies must use to undergo this transformation within their supply chains: Cloud-based technology deployments lower cost of ownership due to not having a large capital expenditure on hardware and upgrades. Subscribe Here!

Predictive Analytics 45

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Talking Logistics

DECEMBER 11, 2014

made that prediction in 2008 (see the Barron’s article What $300-a-Barrel Oil Will Mean for You ). Three years later, he stayed with his $300-a-barrel prediction, but shifted the timeframe to 2020 (see the CBS News article, Another $300 Oil Prediction — and Why This One Matters ). million bbl/d in 2015.” .

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Intelligent Audit

AUGUST 10, 2021

Despite the challenges of the past year or two, things are slowly beginning to return to normal as peak season surges approach transportation service providers and freight auditing managers. Why a Lack of Shipping Capacity Is Happening. Added Ways to Get Ready for lack of Shipping Capacity During Peak Season.

Capacity 52

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Logistics Viewpoints

SEPTEMBER 28, 2021

If you’re Home Depot, you reserve an entire ship for your own exclusive use. Real-time transportation visibility platforms tell shippers and their broker/carrier partners where their freight is at any point on its journey. In light of all of this, I’d posit we can no longer look at the events of the last year as an aberration.

Rail Software 188

Rail Software Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 188

6 River Systems

NOVEMBER 1, 2022

Using predictive analytics. The best 3PLs enable businesses to easily expand into global markets by providing regional expertise (such as applicable laws and regulations in other countries), infrastructure (such as distribution centers) and established global shipping resources (such as air freight and sea freight).

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Resource Reduction Optimal Sourcing 52

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Freight Management. Freight management is driven by time-critical, manual tasks. MAERSK the integrated shipping company, for example, has implemented RPA to achieve significant ROI.

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Enterra Insights

FEBRUARY 13, 2019

Machine learning is providing the needed algorithms, applications, and frameworks to bring greater predictive accuracy and value to enterprises’ data sets and contributing to diverse strategies succeeding.”[1] Machine learning can prove useful all along the supply chain from procurement to production to marketing to after sales support.

Optimal Sourcing 124

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EC Sourcing Group

NOVEMBER 15, 2022

A critical aspect of the following supply chain best practices is to have intuitive procurement software that provides insights and analytics to help navigate the uncertainty and make the best decisions for the future. Supply Chain Best Practices : The Effect of Inflation on Procurement & the Supply Chain. Labor shortages.

Supply Chain Design Software 52

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Precoro

MAY 19, 2023

The right metrics can shed light on how cost-effective a company’s processes are when it comes to the flow of goods, both at the inbound stages of procurement and outbound all the way to the customer. On-time shipping For a delivery to be made on time, it needs to go out on time.

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SCMDOJO

MAY 13, 2022

Each year around 700 million TEUs are shipped across the world keeping global trade and businesses running and more than eighty percent of global goods trade volumes are carried by sea, with about a sixth of that volume in shipping containers. in March, while the average delay for late vessel arrivals decreased once again to 7.26

Supply Chain Design Software 83

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SYSPRO Smarter ERP

APRIL 13, 2022

Even before the pandemic, global supply chain were fragile thanks to factors such as the US-China trade war, less efficient shipping routes and a huge drive to cut costs by consolidating loads. Put your logistics, supply chain and procurement teams on high alert for computer viruses and increased phishing attempts.

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Supply Chain Planning Software Price Reduction Cost Reduction Strategies Material Savings 111

Supply Chain Collaborator

AUGUST 14, 2019

Using the historic shipping data captured in a TMS, shippers can make data-driven, predictive plans. TMS carrier management functions and carrier performance analytics enable a shipper to address issues early and provide insightful feedback to their carrier-partners. Step 4 – Adopt 21 st century technology.

Supply and Demand 95

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Intelligent Audit

JANUARY 11, 2022

Taking stock of logistics trends and predictions is the best way for shippers to start the new year. Furthermore, the ability to use technology to predict what might happen (29%) and understanding what’s currently happening through data analyses (41) form two of the leading priorities within the industry.

Supply Chain Planning Software 52

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Logistics Viewpoints

FEBRUARY 8, 2022

Manufacturers, retailers and their logistics partners often managed supply and demand volatility by shifting scarce inventory among stores or distribution centers, or investing in expedited freight charges, without considering the real implications of these strategies on their long-term profitability. While driving a projected $14.1

Logistics Network Optimization Software 187

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ShipBob

APRIL 26, 2023

Whichever shipping carriers were still operational were stretched beyond capacity, which meant that customers had to wait for much longer to receive their goods. The 2021 Suez Canal blockage , for example, put a temporary stop to a major portion of the global shipping industry.

Supply Chain Planning Software 52

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GlobalTranz

FEBRUARY 13, 2017

According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025. Providers will need to focus on predictive analytics to get ahead of tomorrow’s needs by adjusting operations to reflect today’s immediate demand. New markets are emerging in the global economy daily.

Resource Reduction 205

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Supply Chain Opz

JANUARY 22, 2016

Customs filing is already integrated with 90% of the countries you are shipping to. In the immediate term, predictive analytics drive a distinct competitive advantage to those few who are already leveraging it to its full potential. All of your denied party lists are already loaded for screening.

Predictive Analytics Software 100

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GlobalTranz

MAY 21, 2015

This requires a new broad look at the business of transportation supply chain, including supply chain management, logistics, & procurement. Freight transportation costs in the United States amount to about 6% of the GDP, which means that a large portion of a company’s supply chain costs come from transportation.

Supply Chain Planning Software 120

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Intelligent Audit

AUGUST 24, 2022

Logistics anomalies can create problems in the shipping process, contributing to issues that affect the business and customers. In addition, we present seven use cases of machine learning detecting anomalies in shipping activity or spend. Anomaly Detection in Freight & Shipping Data. Technology can help.

Optimal Sourcing 52

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ShipBob

NOVEMBER 6, 2023

Cutoff analysis Cutoff analysis is when you pause operations such as receiving and shipping at the time of the physical count to ensure nothing is being handled and goes unaccounted for. This helps you understand trends so you can be better informed during inventory procurement and when you’re forecasting demand.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

Turvo

MARCH 3, 2022

With demand outstripping global container supply, the shortfall is predicted to last at least until June 2022 , if not longer. However, shipping lines or carriers who own the containers will often charge demurrage fees or a street turn cost to be compensated for the use of their containers.

Optimization Software 52

Optimization Software Supply Chain Network Software Analytics Software Predictive Analytics Software 52

CH Robinson Transportfolio

DECEMBER 9, 2020

From capacity shortages and missed customer requirements to a shift in shipping smaller, more frequent orders—truckload and less than truckload (LTL) shippers need ways to navigate the changing marketplace. Freight attributes and processes contribute to overall shipment performance. Proximity to the LTL terminal.

Optimal Sourcing 44

Optimal Sourcing Price Reduction Cost Reduction Strategies Price Mitigation Strategies 44

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. End-to-end (E2E) supply chain refers to all supply chain processes, from logistics procurement to the post-sale customer experience. . Procurement & manufacturing.

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IQMS

OCTOBER 18, 2019

The algorithms iteratively query data with many using constraint-based modeling to find the core set of factors with the greatest predictive accuracy. One of the most challenging aspects of managing a supply chain is predicting the future demands for production. no opt-in). Journal Of Business Logistics , 37 (1), 6-17. Preston, D.

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Supply Chain Matters

OCTOBER 10, 2023

This start-up was founded by Matt McKinney and Shaosu Liu, both of whom had backgrounds at Uber Freight and decided to tackle the massive problem of building a new structure for the legacy freight payment system that supports the global supply chain.

Supply Chain Planning Software 52

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ThroughPut

JUNE 4, 2020

Studies show that almost 65% of damaged inventory ends up that way due to the incorrect method of packing, storing, or securing in freight containers. With accurate Inventory Optimization, manufacturers can streamline stocking issues using predictive analytics and data-driven insights. . Lack of automation.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

ThroughPut

JUNE 4, 2020

Studies show that almost 65% of damaged inventory ends up that way due to the incorrect method of packing, storing, or securing in freight containers. With accurate Inventory Optimization, manufacturers can streamline stocking issues using predictive analytics and data-driven insights. . Lack of automation.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

Supply Chain Matters

DECEMBER 13, 2022

Supply Chain Matters readers may recall that Coupa Software acquired supply chain design and analytics technology provider Llamasoft for a purchase price of approximately $1.5 billion in October 2020. Coupa’s stock trended down 7 percent on the news of this acquisition. Pactum Raises $20 Million in Funding.

Supply Chain Design Software 52

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Freightos

AUGUST 26, 2015

Shipping Gazette Daily News. One of the most comprehensive daily summaries, and by far the leading Asian-based summary, China’s Shipping Gazette provides daily information about carriers, forwarders and technology. Since 1974 with industry-leading expertise in, well, American shipping. Ocean freight is split into 14!

Resource Reduction 120

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Supply Chain Matters

JUNE 23, 2023

Water The report notes the waterborne freight sector emerging from the most extreme market conditions in modern times. Elevated ocean container freight rates during 2021 and 2022 reportedly translated into strong revenues for carriers, amounting to operating profits of $215 billion in 2022. The report includes four thers.

Procurement Analytics 40

Procurement Analytics Report Negotiating Skills Purchasing Skills 40

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Thanks to the ability to track the location of items in real-time during shipping, companies can deliver excellent customer service by providing customers with accurate delivery estimates and real-time location information. Advanced and predictive analytics. Artificial Intelligence AND Machine Learning.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

GlobalTranz

SEPTEMBER 14, 2016

However, following these 10 practices can help you learn how to reduce spend in the procurement supply chain. Many suppliers and manufacturers may have existing, internal analytics tools, but using these tools for benchmarking processes may be ill-fated. This does not mean shipping a product immediately.

Material Savings 120

Material Savings Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software 120

Supply Chain Matters

JUNE 29, 2022

Parcel transportation and logistics services provider FedEx and freight-tracking software company FourKites Inc. indicate that both are building a data platform that aims to predict shipping delays and prescribe alternative plans for their customers. FedEx and FourKites Increase Partnership to Share Data.

Supply Chain Design Software 52

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