Locus Robotics

JANUARY 2, 2024

Learn how these innovations are transforming logistics operations. Data Analytics and Automation The use of artificial intelligence (AI) or machine learning within warehouses thanks to tools such as robotics could increase to optimize your supply chain and reduce operational costs.

Demand Planning Software 52

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

Elementum

FEBRUARY 7, 2024

Business Process Automation AI: Revolutionizing Efficiency in the Digital Age Artificial Intelligence (AI) is dramatically transforming Business Process Automation (BPA), ushering in a new era of operational efficiency and innovation. Businesses gain agility and can focus human resources on strategic work.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Locus Robotics

JANUARY 2, 2024

Learn how these innovations are transforming logistics operations. Data Analytics and Automation The use of artificial intelligence (AI) or machine learning within warehouses thanks to tools such as robotics could increase to optimize your supply chain and reduce operational costs.

Demand Planning Software 52

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

Supply Chain Shaman

MARCH 12, 2019

Examples include Enterprise Resource Planning (ERP), Warehouse Management (WMS_ or Advanced Planning (APS). The IT taxonomy for visibility is supply chain analytics. As you implement supply chain analytics and use control theory with well-defined reference data with clear bands for control, process improvement ensues.

Prescriptive Analytics Software 175

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 175

RFgen

APRIL 12, 2024

Managing inventory costs is a constant struggle. Between rising costs for materials and endemic labor shortfalls in the warehouse, many supply chain professionals may feel trapped in an endless cycle of shrinking profit margins. Managing inventory costs is important because high inventory costs can erode the bottom line.

Inventory Reduction 77

Inventory Reduction Cost Reduction Strategies Purchasing Skills Optimal Sourcing 77

6 River Systems

NOVEMBER 30, 2020

Along with the COVID-19 pandemic, the growth in e-commerce has put enormous pressure on supply chain and warehouse operations. Today’s warehouses implement solutions such as collaborative mobile robots , automated picking solutions , warehouse analytics and warehouse management systems (WMS) to increase efficiency and accommodate demand.

Warehousing 52

Warehousing Supply Chain Software Analytics Software Price Reduction 52

ShipBob

FEBRUARY 6, 2023

Good warehouse management relies heavily on visibility and coordination as well as strategic planning. To make this happen, businesses need to take advantage of technology solutions that allow them to seamlessly share data, communicate, and execute different warehousing tasks. What is warehouse technology? Let’s get started.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Optimization Software Predictive Analytics Software 52

ToolsGroup

MARCH 3, 2021

When you’re perusing luxury handbags online, or testing which cocktail dress suits you the best, you probably don’t pause to consider all the supply chain complexities and analytics required to ensure the fashion items you’re craving are in-stock. Hybrid models (i.e. line, family, model, item, item/warehouse).

Supply and Demand 296

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 296

Material Handling & Logistics

JANUARY 10, 2018

While predicting the future is never an easy task, in order to be competitive all businesses need to be able to accurately anticipate what trends will affect them in the coming year. Kristi Montgomery, VP of innovation, Kenco. Investing in Innovation. Kristi Montgomery, VP of innovation, Kenco.

Predictive Analytics Software 96

Predictive Analytics Software Supply Chain Design Software Predictive Analytics Supply Chain Software 96

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.” .

Predictive Analytics Software 201

Predictive Analytics Software Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics 201

ShipBob

JANUARY 15, 2024

Operationally, excess inventory can clog warehouses, making it challenging to manage new stock efficiently. In this guide, we’ll explore the main causes of inventory glut, innovative strategies to tackle it, and how working with a 3PL can help reduce inventory risk. Storage costs Storing excess inventory leads to higher holding costs.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

Logistics Viewpoints

MAY 26, 2022

It’s time to focus on how we innovate and optimize our businesses and operations in this permanently altered world. The percentage of purchases made and fulfilled through digital commerce has exploded in the past two years, advancing a pre-pandemic trend by as much as 10 years according to some industry watchers.

Logistics Network Optimization Software 263

Logistics Network Optimization Software Optimal Sourcing Supply Chain Design Software Modeling 263

The Logistics & Supply Chain Management Society

JULY 20, 2020

Innovation and supplier management calls for cloud-based integrated systems between partners and advanced predictive models. Predictive analytics will quicken demand response and involve product-use insights to improve accuracy against external factors affecting demand (e.g. Efficiency and cost management.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

Invata Intralogistics

APRIL 5, 2024

Today’s most ground-breaking innovations lie in state-of-the-art warehouses and the algorithms and automated systems that drive them. AI’s Impact on Inventory Management Accurate inventory management is crucial in reducing operational costs and improving customer experience.

Supply Chain Software 52

Supply Chain Software Predictive Analytics Software Optimization Software Inventory Management Software 52

NC State SCRC

JANUARY 1, 2023

As I’ve done in prior years, I’ll make a few predictions based on what happened in 2022 – and what I think it means for 2023. These predictions are perhaps not completely original – but they represent what I think will be important guidelines for supply chain executives to consider. Healthcare supply chains will remain strained.

Predictive Analytics Software 94

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Pharmaceutical 94

GlobalTranz

FEBRUARY 6, 2017

Amazon’s purchase of Kiva Robots changed the landscape of robotics in the supply chain. In other words, robots will gain new movements, capable of picking items from shelves in warehouses and storefronts. Technology Will Reshape Procurement Practices. Top 5 Trends to Know to Compete with Amazon’s Supply Chain.

Supply Chain Planning Software 120

Supply Chain Planning Software Procurement Analytics Manufacturing Procurement Trends 120

Talking Logistics

DECEMBER 16, 2015

Well, my big audacious prediction for 2015 did not come true. And business relationships did not become more Vested this year — if anything, they reverted back to being “win-lose” arrangements (see Walmart’s Message to Suppliers: Talk to the Hand and The High Cost of Poor Supplier Relationships ). What will happen in 2016?

Predictive Analytics Software 120

Predictive Analytics Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 120

ThroughPut

APRIL 5, 2024

Yet, 43% of small businesses do not monitor their inventory, and a mere 6% of businesses report that they have full visibility of their supply chain – a prerequisite for effective inventory management. Lack of Data Analytics Traditional inventory management systems were mostly manual. What is Inventory Management?

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

Turvo

NOVEMBER 23, 2021

Consumers or business owners create a purchase order. Such challenges and differences make it difficult to predict transportation routes or challenges. With solutions from warehousing to transportation to logistics and inventory, 3PL partners enable SMEs to experience a connected, efficient supply chain.

Supply Chain Software 86

Supply Chain Software Predictive Analytics Software Analytics Software Optimization Software 86

Enterra Insights

SEPTEMBER 6, 2018

Big data is both wide and deep and skimming the surface never provides the insights that can be obtained through advanced analytics. ”[3] To ensure companies don’t drown in an ocean of data, they recommend using advanced analytics. .”[3] The usefulness of advanced analytics. The growing ocean of data.

Prescriptive Analytics Software 100

Prescriptive Analytics Software Data Predictive Analytics Analytics Software 100

Locus Robotics

SEPTEMBER 22, 2023

However, despite the numerous advantages that robotics brings to the industry, several myths continue to exist that question the revolutionary capacity of this type of innovation. Therefore, values ​​such as flexibility when adopting innovation are essential so that the effort is worthwhile and can be translated into benefits.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Software Forecasting Software Optimization Software 52

Enterra Insights

AUGUST 18, 2021

The data from these systems can even be analyzed to predict the future inventory needs of the business.”[3] ”[3] Not only does this allow enterprises to maintain more control over their inventory, the sensors can be used by other stakeholders as well, such as, collaborative robots — or cobots — now being used in many warehouses.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Design 130

Clear Spider

OCTOBER 10, 2023

Yet, the consumer behavior that drives these trends is becoming more and more difficult to predict. These changes make it difficult to accurately predict consumer behavior. 34% said this will impact the kind of candy and decorations they will purchase. However, the modern business landscape is far from what it once was.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Forecasting Software 52

NC State SCRC

FEBRUARY 20, 2023

Over the decades, EDI standards emerged that cover a variety of supply chain artifacts and activities , from Purchase Orders & Acknowledgements (EDI 850 & 855) to Invoices (EDI 810) to Shipping Manifests (EDI 856). In summary, using EDI or building APIs has limitations for performing advanced analytics and data science for SCRM.

Analytics Software 52

Analytics Software Supply Chain Planning Software Modeling Software Data 52

Unleashed

MAY 25, 2023

Inventory purchases and storage fees have major impacts on your business’s profitability. By understanding the flow of products into and out of your warehouse, you can minimise these costs – ultimately improving your margins. However, ensuring the right products are in the warehouse at the right time comes first.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Inventory Reduction Forecasting Software 52

SCMDOJO

NOVEMBER 17, 2023

We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. Whether it’s purchasing, procurement, transport, technology, facilities, or other specialized areas, understanding your passion will influence the subsequent steps in this rewarding career path.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 70

Locus

JUNE 16, 2023

Say you purchase your coveted gadget online, eagerly tracking its journey from warehouse to your welcoming hands. Customer satisfaction and keeping costs in check rests on optimal last-mile delivery operations. In 2021, a wide range of major product categories saw online purchase returns, with rates varying from 8% to 88%.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Price Reduction Inventory Reduction 98

BlueYonder

JANUARY 31, 2023

In a series of blog articles, the Product/Solutions Marketing team explores new business challenges and innovation solutions to change the game and manage disruptions. In this Part 2 blog post, we will continue to explore how automotive manufacturers are carrying out effective supply chain initiatives and their innovative solutions.

Automotive 86

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

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

Locus Robotics

JANUARY 4, 2024

By Mary Hart The holiday peak frenzy finally winds down by January, but warehouses face yet another monumental challenge – the influx of returns. According to the National Retail Federation , over 16% of holiday purchases get returned, tallying up to a whopping $743 billion in merchandise yearly. items purchased being returned.

Warehousing 98

Warehousing Analytics Software Predictive Analytics Software Optimization Software 98

Oracle SCM

JULY 12, 2017

Supply chain executives were under pressure to develop more efficient, customer-centric supply chains while finding innovative ways to reduce costs and enable growth. Companies tripped over themselves to build ecommerce portals, and one-click purchasing grew in relevance. FREE EBOOK. Agility is the name of the game.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

Claritum

JUNE 13, 2019

Claritum Article - Procurement Blog. I took on the challenge of writing a condensed version of all the current Procurement challenges. I believe the issue with these articles is the broad range encompassed by the word Procurement and the constant change within this domain. Procurement Domain Name. Introduction.

Manufacturing Procurement 32

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 32

GlobalTranz

DECEMBER 7, 2015

A recent report by Frost & Sullivan, “The Future of Parts and Service Retailing in the Automotive Aftermarket” , predicts that by 2025, 10 to 15 percent of all global parts sales will be made online. Advanced Analytics Continue to Get a Bigger Plate at the Manufacturing Dinner Table. Increasing Equipment Uptime.

Manufacturing Procurement 120

Manufacturing Procurement Analytics Software Trends Supply Chain Design Software 120

Oracle SCM

SEPTEMBER 12, 2019

Supply chain professionals are hiking their spending on supply chain innovation—substantially. How are firms responding to the pace of technology innovation and its impact on their SCM processes? These companies need to look at technology innovation in a very different light.

Supply Chain Planning Software 80

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 80

GlobalTranz

JANUARY 26, 2017

Over the last year, huge strides were made in machine-to-machine connectivity, as foreseen by our predictions, ranging from the greater use of automated identification and data capture (AIDC) and stronger resolve for more omnichannel logistics solutions. However, AIDC tools are making analytics in the supply chain an affordable reality.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Omnichannel Supply Chain Software Procurement Solutions 120

ShipBob

SEPTEMBER 29, 2021

Stages of the retail logistics process includes warehouse receiving , inventory management, fulfillment, and shipping. In 2020, global retail sales exceeded $23 trillion and experts predict ecommerce demand to continue expanding. Procuring inventory. Receiving & processing inventory.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Optimization Software Inventory Management Software 52

Locus Robotics

JANUARY 3, 2024

Home January 04, 2024 How to Handle Post-Holiday Returns with Warehouse Automation Mary Hart , Senior Content Marketing Manager The holiday peak frenzy finally winds down by January, but warehouses face yet another monumental challenge - the influx of returns. items purchased being returned.

Warehousing 52

Warehousing Analytics Software Predictive Analytics Software Optimization Software 52