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A New Business and Deployment Model Traditionally, supply chain software requires organizations to purchase licenses, pay for consulting and customization, and commit to ongoing maintenance—all at high and rising costs. While command centers provide crucial visibility, they do much more.
And we will speculate where billing software development in the supply chain will be heading in the years to come. OCR software can “read” scanned or photographed documents without human input. Invoice processing AI will integrate with procurement, logistics, and payment systems.
Rebate Management Software is designed to handle the intricate calculations and processes associated with rebates in the supply chain. They help manufacturers and distributors foster loyalty and encourage bulk purchasing. Subscribe Effective Sales Contract Lifecycle Management Best Practices!
Companies often push aside procurement compliance to focus on more pressing issues. No wonder—procurement often gets tedious and burdened with time-consuming processes. However, ignoring procurement compliance is like ignoring a ticking time bomb. Scroll down to find out: What is procurement compliance?
Understanding how your Procurement and Supply Chain KPIs are performing isn’t just a nice-to-have; it’s essential for survival and growth. Is inventory bloating your costs? But what if you could get a clear, birds-eye view of your core performance without investing in complex, expensive software?
Global market researcher Interact Analysis released a report in January predicting growth in the mobile robotics market would dip by 18% over the next two years. The MHI reportpredicts robotics and automation will jump from 41% of supply chain leaders using it today to 83% adopting it over the next five years.
For example, switching from air to ocean freight for non-time sensitive shipments can reduce carbon emissions by up to 95% per unit shipped. This means developing supplier evaluation frameworks that include carbon metrics, working together on joint emission reduction projects, and incentivising suppliers to meet or beat carbon targets.
Manhattan Associates, the supply chain software provider whose stock was a wild ride several months ago, reported earnings Tuesday that were cheered by investors and possibly signaled a broader demand turnaround in that sector. The earnings report for the second quarter appears to be changing that narrative.
Billion Acquisition of e2open Australia based logistics software provider WiseTech, developer of logistics execution software CargoWise , announced an agreement to acquire U.S. listed B2B logistics platform provider e2open Parent Holdings for a reported $2.1 WiseTech Announces $2.1 million in total revenues, a decline of 4.8
Issuances of common shares, net of issuance costs 3.6 The purchase price for the acquisition was approximately $112.7 Cost Reduction Initiatives Considering the economic and global trade uncertainty many Descartes customers are facing, Descartes has undertaken cost reduction initiatives designed to reduce its cost base.
Rising costs, supply chain chaos, and economic swings put businesses under enormous pressure to protect their margins. According to McKinsey & Company, procurement accounts for 50% to 80% of a company’s cost base. That’s why organizations zero in on strategies to achieve procurementcost reduction.
Bowman, SupplyChainBrain The European Union is on the verge of rolling out a reporting regulation that promises to have a huge impact on businesses selling into the region. The DPP “represents a significant advance in product transparency and sustainability,” according to an EU report published in September of 2024. “As
Depending on the nature of your business, your trading partners or your location, this could include procurement strategies, demand planning, logistics, and global trade management among others. Mastering Direct Spend Management Procurement teams generally do not report to the chief supply chain officer.
The large language models that make up search engines will no longer need keyword searches, instead delivering well-articulated answers by using the semantic context of a query. For example, a dispatcher is responsible for purchasing components for pre-production and stocking of two new products.
However, this software is expensive to purchase, time-consuming to implement, and requires ongoing maintenance and upgrades. Outsourcing logistics allows companies to leverage these advanced systems and data analytics capabilities without the high costs of ownership.
The software automatically pulls inventory data from your warehouse for a real-time stock count update across all your sales channels. Inventory Planner Inventory Planner helps you optimize your inventory purchasing operations with accurate forecasting and replenishment recommendations. Inventory management integrations 4.
The software automatically pulls inventory data from your warehouse for a real-time stock count update across all your sales channels. Inventory Planner Inventory Planner helps you optimize your inventory purchasing operations with accurate forecasting and replenishment recommendations. Inventory management integrations 4.
And increasingly, they are exploring cost-effective nearshoring strategies as a way to gain greater control, shrink transportation times and costs, and improve their competitive position. Adjusting customer pricing to align with rapid cost changes for raw materials is difficult in any instance. for use in offshore production.
Transparency and Reliability Since many businesses are selling comparable goods, it can take time for customers to decide which ones are worth purchasing. The software should automatically update inventories and order statuses on your e-commerce website and at the warehouse. But how do you go about creating this trust? Transparency.
Creating a comprehensive delivery schedule will help in managing resources effectively, minimize unnecessary trips, and reduce fuel costs. By implementing route optimization software or apps, your business can effectively plan delivery routes that optimize both time and fuel consumption.
According to our 2024 report, Generative AI in the B2B Marketplace , 81% of B2B businesses are already investing in AI, with 79% anticipating increasing their AI budgets within the next year. Sometimes The B2B buyer report revealed that 65% of buyers found AI-powered chatbots to be moderately or extremely helpful when it came to purchases.
Also, 62% of online shoppers in the US say delivery speed is what makes for a good purchase experience. Carbon emissions From recent reports, we could see that carbon emissions are rising to alarming levels causing serious damage to the globe. This number is said to climb up to almost 285 million in 2025.
Transportation options: Costs and lead times for each available transportation mode. Transportation costs: Freight rates, fuel and labour costs, and other transportation expenses. Inventory levels: Current or expected inventory levels at various locations. Inventory turnover: Inventory turns for each SKU.
Your customers want freedom of choice — not just in the goods or services they buy, but also in how those purchases are completed and delivered. That means customers gain a unified experience in which they get to shop, purchase, and receive products seamlessly via their desired method. Consumer expectations are high.
Partnering with a tech-enabled fulfillment company can enable you greater visibility into stock levels across your sales channels and warehouse locations to inform your procurement strategy for JIT inventory. Just-in-time (JIT) inventory offers a leaner, more cost-effective alternative to traditional purchasing and production models.
Tariffs have been a major focus of recent installments of FreightWaves’ monthly State of Freight webinar, held in conjunction with SONAR, but they took a back seat this month to various data points. The OTVI is reflecting what might be expected given that everybody in the sector still sees the freight market in some degree of a recession.
As you noted, however, this time the placement was for “IoT Platforms,” a category of software tools from a good number of vendors to manage connectivity, data communications and more with IoT-enabled devices in the field. Financial performance metrics are valuable as they capture the economic consequences of business decisions.
One measure of the health of the US manufacturing sector is the US Purchasing Managers Index from the Institute of Supply Management. Freight volumes were mixed but mostly down, as the “freight recession” continued on now for more than two years. growth for all 2025, 2.8% for overall global growth, and 4.0% compared to 2024.
The company’s second quarter earnings report was no different. The one positive number the company provided in its earnings report was that Ryder’s used tractor pricing rose 3% sequentially from the first quarter, even as Ryder’s used truck prices overall fell 10% compared to the first three months of the year.
Gartner says, adding that “They are approaching the current environment from a data-driven analytical method that wasn’t nearly as prominent five years ago.” Financial performance metrics are valuable as they capture the economic consequences of business decisions. Supply Chain Digest Says.
As you noted, however, this time the placement was for “IoT Platforms,” a category of software tools from a good number of vendors to manage connectivity, data communications and more with IoT-enabled devices in the field. Financial performance metrics are valuable as they capture the economic consequences of business decisions.
As you noted, however, this time the placement was for “IoT Platforms,” a category of software tools from a good number of vendors to manage connectivity, data communications and more with IoT-enabled devices in the field. Financial performance metrics are valuable as they capture the economic consequences of business decisions.
As you noted, however, this time the placement was for “IoT Platforms,” a category of software tools from a good number of vendors to manage connectivity, data communications and more with IoT-enabled devices in the field. Financial performance metrics are valuable as they capture the economic consequences of business decisions.
Click here to send us your comments In response, the National Motor Freight Traffic Association (NMFTA) has just released a framework it says can help shippers, carriers and brokers fight back against the growing and increasingly sophisticated threat of digitally enabled cargo theft. What do you say?
In the first facility management was focused on controlling the workforce through individual metrics. As you noted, however, this time the placement was for “IoT Platforms,” a category of software tools from a good number of vendors to manage connectivity, data communications and more with IoT-enabled devices in the field.
Eurasian Rail Freight: Demand for rail freight between Asia and Europe has surged, leading to congestion and longer booking times. Organizations should trial rail options where feasible, weighing higher costs against faster transit. Contingency planning for alternative ports is essential.
Click here to send us your comments That according to a recent blog post by the maritime analysts at Drewry, which noted that “More than five years have passed since the huge shipping disruptions, damaging port congestion, and cost spikes of the Covid period, but one feature has remained: freight rate volatility.”
So we now turned to Mr. Mesher, arguably the most influential supply chain analysts of all time, which he later parlayed into a highly successful business career as CEO of software firm Descartes Systems. Financial performance metrics are valuable as they capture the economic consequences of business decisions.
Click here to send us your comments January New that supply chain software provider Logility will be acquired by Aptean. All that is distant memory now, as the maker of freight trucks powered by hydrogen fuel cells announced it had begun selling off its assets. What do you say? The general fertility rate of 54.5
China-US air freight tumbles on 'de minimis' tariff; airlines adjust routes Air freight capacity between China and the U.S. US freight industry hopes for back-to-school demand boost after tariff truce A 90-day trade thaw between Washington and Beijing could prove to be a welcome reprieve for the U.S. has hired FedEx (FDX.N)
Click here to send us your comments The Cass report showed May shipment volumes in the US were down 3.4%seasonally The monthly report from Cass and partner Tim Denoyer of ACT Research is based on data from the billions of dollars of freight bills that Cass pays for its shipper clients. Supply Chain Digest Says.
As can be seen, it was a mixed year for our supply chain software stocks, with some big winners, including software firm Kinaxsis (up 149.9%) and Oracle (up 64.4%). Gilmore Says. What do you say? Click here to send us your comments The overall market, as measured by the S&P 500 index, was up a solid 13.4% in the past year.
of GDP The Council of Supply Chain Management Professionals (CSCMP) and partners Kearney and Penske Logistics are out last week with the 2025 State of Logistics Report, looking primarily at 2024 data. Again this year, Penske Logistics funded the report development. Somewhere along the way, CSCMP took over the sponsorship.
Commandment 9: Insist on User Friendliness Independent of the effort put forth to design a system, purchase hardware and develop software, the single biggest test of implementation occurs when an operator attempts to scan bar coded media. It is fortunate that this industry offers a wide variety of outstanding hardware and software.
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