GlobalTranz

FEBRUARY 13, 2017

According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025. There was a time when buying a computer was considered a once-in-a-decade purchase, if not once-in-a-lifetime. Globalization Will Become More Important in Everyday Decisions.

Resource Reduction 280

Resource Reduction Trends Inventory Reduction Logistics Network Optimization Software 280

GlobalTranz

NOVEMBER 20, 2018

As e-commerce growth accelerates, shippers are working overtime to manage available inventory. It catalyzed brick-and-mortar retailers to offer online shopping opportunities, which require much more than manual inventory management practices. That’s two entirely different things. This is where the major problem lies.

Inventory Management Software 159

Inventory Management Software Inventory Management Supply Chain Planning Software Inventory 159

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. Review Inventory turns and Return on Assets. Read more. .

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Supply Chain Shaman

DECEMBER 30, 2021

Few planning systems update delivery based on actual dwell times; and despite the abundance of Internet of Things (IOT) data, there is no place to put streaming data signals into traditional planning systems. Truck drivers report that maintenance issues are a constant nightmare. Get Good at Inventory Management.

Supply Chain Design Software 467

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 467

RFgen

DECEMBER 19, 2024

By maximizing space utilization, improving inventory control , and boosting workflow efficiency, you can unlock significant cost savings and elevate your customer service game. Data-Driven Decision Making : Using analytics to continuously refine operations.

Optimal Sourcing 97

Optimal Sourcing Optimization Software Waste Reduction Modeling 97

GlobalTranz

FEBRUARY 25, 2015

This growing movement of such hyperconnectivity is known as the Hyperconnected Era or often referred to now as “The Internet of Things.” The application of the Internet of Things (IoT) along with cloud-based GPS will make it possible to keep track of individual items and their conditions.

Internet of things 120

Internet of things Manufacturing Procurement Logistics Network Optimization Software Supply Chain Network Software 120

Supply Chain Shaman

JUNE 16, 2014

Despite two decades of advancement in supply chain technologies, companies are struggling to gain balance at the intersection of operating margin, inventory turns and case fulfillment. I have learned that supply chain systems are more complex than I originally thought, and that the relationships between supply chain metrics are nonlinear.

Supply Chain Design Software 319

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Network Software 319

Jaggaer

APRIL 24, 2025

Supply chain management typically does not fit very well with procurement, which is a challenge at the best of times, and can be a disaster in difficult times. Moreover, behavior can be changed based on sales incentives or things that are happening within the company that dont truly represent demand.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Procurement Analytics Demand Planning Software 52

GlobalTranz

APRIL 13, 2018

Customer service is more important than ever, and customers expect purchases to arrive at record speeds with free or low-cost shipping, says GlobeCon Freight Systems. As a result, e-commerce will have wide-ranging impacts on supply chain management. However, the power of B2C services and sales must not be overlooked.

Supply Chain Software 204

Supply Chain Software Supply Chain Strategy Supply Chain Optimization Supply Chain 204

GlobalTranz

MARCH 7, 2016

The digital business landscape for a shipper, such as the use of an ERP, TMS, and other digital aspects, such as The Internet of Things , provides unparalleled insight into how an organization in the supply chain can improve efficiency, visibility, and productivity. What Do Supply Chain Analytics Have to Do With This Ability?

Procurement Analytics 120

Procurement Analytics Analytics Software Analytics Supply Chain Planning Software 120

GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. A 2016 Accenture survey, reports RF Gen , explained how more companies are taking advantage of AI benefits through linked supply chains. The State of Supply Chain 2016 Trends.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Optimal Sourcing Procurement Analytics 120

Supply Chain Game Changer

NOVEMBER 19, 2018

Gartner is predicting that by 2020 there will be 37 Billion connected devices and more than 4.3 The Internet of Things (IoT) is well upon us! Through tracking consumption events on the appliance, and tracking or modelling the inventory a consumer has, automatic replenishment can be triggered to ensure the user never runs out.

Internet of things 74

Internet of things Supply Chain Design Software Gartner Supply Chain Software 74

Supply Chain Matters

JUNE 14, 2025

The Supply Chain Matters blog provides observations and additional information perspectives related to the 2025 State of Logistics report. The report points to an upcoming period of high uncertainties along with the need to fundamentally rethink supply chain resilience as a strategic imperative. Costs in all of 2024 rose a reported 5.4

Logistics Network Optimization Software 52

Logistics Network Optimization Software Logistics Purchasing Skills Supply Chain Software 52

The Logistics & Supply Chain Management Society

AUGUST 15, 2021

She explained that she owned a Warehouse Management System, purchased a Proof of Delivery Software as a Service, implemented a licensed-to-use Accounting & Distribution System, deployed a customised online Order Management System and that she is struggling with fragmented data and documents across these systems.

Supply Chain Design Software 246

Supply Chain Design Software Forecasting Software Predictive Analytics Software Modeling Software 246

SYSPRO Smarter ERP

MARCH 13, 2025

Advances in automation, sensors, analytics, and other technologies have made significant changes in manufacturing. The way in which people, processes and technologies operate delivers information can to be used to improve manufacturing, maintenance, inventory tracking, and other activities across the manufacturing network.

Manufacturing Procurement 52

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

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. This boosts revenues and optimises inventory.

Agile and Lean Supply Chain 230

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

Enterra Insights

AUGUST 18, 2021

Many experts believe the Internet of Things (IoT) is poised to revolutionize supply chain operations. ” Inventory Management. Inventory embedded with the proper sensors can be tracked in real-time via the IoT. The data from these systems can even be analyzed to predict the future inventory needs of the business.”[3]

Supply Chain Design Software 130

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

Supply Chain Shaman

NOVEMBER 28, 2016

Over the period of 2009-2015, only 88% of companies made improvement on the Supply Chain Metrics That Matter. (As As a group, these metrics have the highest correlation to market capitalization. They include growth, inventory turns, operating margin and Return on Invested Capital (ROIC)). Inventory Turns. Improvement.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 195

Supply Chain Network

APRIL 30, 2016

Future of Retail as an Omni-Channel ‘Internet of Things’ | Jeff Ashcroft | LinkedIn. When it comes to products, many years and billions of barcodes have been printed to try and keep track of retail store inventories. The future always comes faster than we think. Jeff Ashcroft.

Internet of things 60

Internet of things Retail Optimization Software Demand Planning Software 60

Unleashed

JUNE 23, 2021

Best practice inventory management – and the wider world of supply chain management – has played a big part in business survival through 2021. With that in mind, here’s our pick of the 10 most important inventory management trends for 2022. 10 inventory management for 2022: 1. Inventory analytics goes mainstream.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

GlobalTranz

FEBRUARY 4, 2019

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. As omnichannel shopping becomes the standard for consumers, the use of freight data will excel.

Supply Chain Planning Software 136

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 136

Logistics Bureau

MARCH 5, 2018

Machinery, vehicles, mechanical devices, actuators, gauges, sensors, and other things are non-digital. They cannot connect directly to the all-digital Internet. That’s where the Internet of Things or IoT comes in. IoT can connect points of purchase and customer sites. Together, they make up the Internet of Things.

Internet of things 53

Internet of things Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 53

RFgen

APRIL 30, 2024

The answer lies in modern inventory management best practices. Specifically, the use of perpetual inventory systems. What is a perpetual inventory system? Perpetual inventory management relies on technology to track inventory with timely data and a high degree of accuracy. Wonder no more.

Inventory Management Software 98

Inventory Management Software Inventory Reduction Optimization Software Supply Chain Planning Software 98

GlobalTranz

DECEMBER 7, 2015

Instead of setting up brick-and-mortar stores, or keeping inventory on hand, you can start offering this new product on your new store. Manufacturers will integrate e-commerce systems with IoT (Internet of Things) initiatives. Advanced Analytics Continue to Get a Bigger Plate at the Manufacturing Dinner Table.

Manufacturing Procurement 120

Manufacturing Procurement Trends Analytics Software Supply Chain Design Software 120

SCMDOJO

JUNE 6, 2023

Supply chain optimization can achieve this with the help of data analytics. Data analytics helps businesses make data-driven decisions and initiatives. How does data analytics help supply chain optimization? Let’s explore the roles which data analytics play in this process. Why is it crucial?

Optimal Sourcing 72

Optimal Sourcing Modeling Supply Chain Optimization Procurement Analytics 72

NC State SCRC

APRIL 30, 2025

By applying technologies like Generative AI, organizations will be able to drive efficiencies in the way we work that will create trillions of dollars in economic value, by reducing working capital, increasing agility, and reducing waste, while making better decisions based on data and analytics, not on gut feel.

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Software Demand Planning Software Analytics Software 52

Logility

AUGUST 12, 2021

But there is good news: a convergence of process, data, and technology provides the real-time and predictive visibility needed to optimize supply chain planning, ensuring food manufacturers can build resilience now and for the future. Advanced Inventory Management. Preparing for Market-Driven Demand.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Scenario Planning 130

Supply Chain Shaman

MAY 5, 2017

This ended when Gartner purchased AMR Research in 2010. Since I do not believe in the Gartner business model, I left. I also believe that forecasting plays a vital role in determining the rules for inventory buffers, driving market-to-market orchestration, and defining the principles for network design. Reflections.

Supply and Demand 191

Supply and Demand Modeling Demand Planning Software Supply Chain Planning Software 191

SYSPRO Smarter ERP

JULY 3, 2023

It is estimated by McKinsey that 40% of the potential value that could be created from analytics comes using ML techniques, However, many business leaders are unsure where to apply ML to reap the greatest rewards. This can help optimize inventory management, identify bottlenecks, and optimize logistics operations.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Manufacturing Data 98

Supply Chain Shaman

OCTOBER 8, 2017

While many technologists wave their hands advocating that Internet of Things (IOT) is the answer, I say not so fast. Won’t we have the same issue for Internet of Things data? ” At the other end of the continuum is the argument that “ Forecast error is the most important metric to improve.”

Supply and Demand 199

Supply and Demand Supply Chain Design Software Supply Chain Planning Software Forecasting Software 199

SYSPRO Smarter ERP

NOVEMBER 1, 2021

We live in a time where we can purchase almost anything with a click of a button. A B2B e-commerce strategy is therefore becoming increasingly necessary for manufacturing businesses that want to better sell their products or procure the necessary components for manufacturing them. Transitioning to B2B e-Commerce.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Predictive Analytics Software 111

RFgen

JUNE 22, 2023

Unlocking the synergy between consulting services, ERP systems, and inventory management is the key to creating a powerhouse of efficiency. Together, consulting and ERP complement each other to improve your inventory management system. Synergy with IM: Consultants bring outside perspective on how best to solve inventory challenges.

Inventory Management Software 97

Inventory Management Software Supply Chain Planning Software Supply Chain Design Software Optimization Software 97

Enterra Insights

MARCH 5, 2018

Whole Foods offers Amazon the opportunity to experiment with retail analytics, customer traffic management and in-store preference-matching. It’ll be a testing ground for the unexplored science of ‘presence marketing,’ the layering online and offline buying analytics while tracking customers’ movements while they shop.”

Retail 100

Retail Supply Chain Network Software Analytics Software Procurement Analytics 100

Supply Chain Game Changer

NOVEMBER 19, 2018

From planning to negotiating to buying, from moving goods to processing goods, and from managing data to managing inventory. While every function must help your company grow and prosper when the heat is on uninformed Executives can view Supply Chain as merely a Cost Centre. And the reality is that Supply Chain must be cost-effective.

Cost Reduction Strategies 95

Cost Reduction Strategies Negotiating Skills Purchasing Skills Inventory Reduction 95

Kinaxis

MAY 20, 2016

I gave an example from inventory management about ABC classification. This way of classifying inventory to provide guidance on which items to place the highest focus on has been around since the 1950’s. There are a multitude of approaches or techniques for managing inventory (e.g.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply and Demand 120

Supply Chain Shaman

DECEMBER 30, 2021

Few planning systems update delivery based on actual dwell times; and despite the abundance of Internet of Things (IOT) data, there is no place to put streaming data signals into traditional planning systems. Truck drivers report that maintenance issues are a constant nightmare. Get Good at Inventory Management.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 195

Oracle SCM

JULY 12, 2017

As if the largest economic crisis since the Great Depression wasn’t enough of a challenge to the supply chain industry, the introduction of the smartphone and advanced analytics into the marketplace disrupted the industry further by providing an exponentially growing consumer base and easy access to goods and information.

Inventory Reduction 163

Inventory Reduction Resource Reduction Cost Reduction Strategies Price Reduction 163