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

GlobalTranz

OCTOBER 13, 2017

Among millennials, consumers are willing to pay a premium up to 30-percent more for same-day delivery, reports McKinsey & Company , with an overwhelming majority willing to pay extra for guaranteed delivery, as shown below: Paired with the sudden spike in parcel delivery, last mile delivery will continue to grow 10-percent annually.

Logistics Network Optimization Software 274

Logistics Network Optimization Software Trends Logistics Procurement Analytics 274

GlobalTranz

JANUARY 22, 2018

Going back to the Industrial Internet of things (IIoT), the use of Internet-connected technology increases risk in manufacturing. billion in 2018 alone, reports Michael Kotelec of Manufacturing.net , and this will bring a strong, robust boost to efficiency and productivity in manufacturing.

Manufacturing Procurement 273

Manufacturing Procurement Analytics Software Demand Planning Software Supply Chain Software 273

GlobalTranz

MARCH 15, 2018

From the Blockchain in Trucking Alliance (BiTA) to the use of the internet of Things, explains i-Scoop , intelligent supply chain management is changing the game for traditional warehouses, retailers, consumers, and employees alike. appeared first on Transportation Management Company | Cerasis. Let machine learning take hold.

Supply Chain Design Software 266

Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software Supply Chain Design 266

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

Logistics Viewpoints

AUGUST 28, 2024

Consumers are also requiring increased visibility into how products are produced, transported and retired. IoT (Internet of Things) IoT ‘s real-time tracking of products as they move through the supply chain allows data gathering on attributes such as temperature, location, or condition, all of which are automatically added to the DPP.

Optimal Sourcing 310

Optimal Sourcing Optimization Software Modeling Supply Chain Optimization 310

GlobalTranz

JANUARY 23, 2018

In other words, the simple act of providing reports to executives and upper-level managers could be considered a form of data visualization, and better reporting will be a fundamental improvement in supply chains throughout 2018, explains Craig Guillot of Supply Chain Dive. Service Supply Chains Will Dominant the Market.

Supply Chain Software 257

Supply Chain Software Agile and Lean Supply Chain Supply Chain Strategy Logistics Network Optimization Software 257

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. appeared first on Transportation Management Company | Cerasis. As a result, e-commerce will have wide-ranging impacts on supply chain management.

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

RFgen

DECEMBER 19, 2024

Data-Driven Decision Making : Using analytics to continuously refine operations. Key Benefits and Business Impact Warehouse optimization offers significant advantages across multiple areas: Cost Reduction: Expect a decrease in operational expenses, lower labor costs, and reduced energy consumption.

Optimal Sourcing 97

Optimal Sourcing Optimization Software Waste Reduction Modeling 97

Supply Chain Shaman

JUNE 16, 2014

I have learned that supply chain systems are more complex than I originally thought, and that the relationships between supply chain metrics are nonlinear. They also enable the evaluation of networks for both sales and procurement relationships to optimize the flows upstream and downstream.

Supply Chain Design Software 319

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

GlobalTranz

FEBRUARY 7, 2018

The supply chain technology stack comprises hundreds, if not thousands, of individual technologies, and considering the growth of the Internet of things (IoT), there really is no limit to how much these transformative supply chain technologies may expand within the next 12 months.

Supply Chain Design Software 216

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Optimization Software 216

GlobalTranz

JANUARY 17, 2017

So, let’s take a look at how our predictions for the first four manufacturing technology trends (Predictive analytics, 3D Printing, and VR) to watch for in 2016 stacked up. Predictive Analytics Became Commonplace to Manufacturing. Connected Products Are Increasing in Number.

Manufacturing Procurement 120

Manufacturing Procurement Predictive Analytics Procurement Analytics Predictive Analytics 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

GlobalTranz

APRIL 6, 2018

Distribution center robots are a force in the Amazon powerhouse, reports the Association for Advancing Automation. When Amazon purchased Kiva robots, distribution center robots became the new “shiny object turned real-world effective object” of e-commerce fulfillment. Bring disparate systems together.

Distribution 239

Distribution Supply Chain Design Software Supply Chain Software Vendor Strategies 239

GlobalTranz

NOVEMBER 20, 2018

Brick-and-Mortar Retail Is Often Left Behind in the Digital Inventory Management Conversation As explained by William Terdoslavich of DMN News , customers expect instant gratification when purchasing products in-store, and the same feeling exists when making an online purchase. Ease of use and training requirements.

Inventory Management Software 159

Inventory Management Software Inventory Management Supply Chain Planning Software Inventory 159

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

GlobalTranz

OCTOBER 12, 2018

In addition, retailers around the globe struggle to stay competitive with the e-commerce behemoth, Amazon, reports Huemor. The opportunities for growth and success of never been higher, and some of the top trends, reports TruckingInfo.com , include: Digitization and Automation Get a Bigger Piece of the Logistics Pie.

Logistics Network Optimization Software 224

Logistics Network Optimization Software Supply Chain Design Software Demand Planning Software Trends 224

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

GlobalTranz

AUGUST 28, 2018

Using a combined blockchain and reverse logistics strategy can help alleviate these costs, and supply chain executives need to understand a few things about it Reverse Logistics Carry High Risk in Supply Chain Management Risk within reverse logistics is higher than that and forward logistics. GET YOUR FREE WHITE PAPER.

Reverse Logistics 149

Reverse Logistics Cost Reduction Strategies Logistics Network Optimization Software Purchasing Skills 149

Supply Chain Shaman

JUNE 29, 2016

For example, Infor purchased GT Nexus in 2015; OpenText purchased GXS in 2014, GHX purchased H-Card, LLC today; E2open purchased Terra Technology in May 2016 and Orchestro on Monday. Thoma Bravo purchased Elemica in June 2016. The solutions evolved from different funding models. Supply Chain 2030.

Supply Chain Network Software 186

Supply Chain Network Software Supply Chain Planning Software Supply Chain Design Software Demand Planning Software 186

Supply Chain Shaman

JUNE 9, 2016

Today Thoma Bravo, a private equity investment firm, announced a definitive agreement to purchase Elemica, a provider of Supply Chain Operating Networks for the chemical industry. Together, we built this model. New Business Models. In 2014 Thoma Bravo acquired GHX, a Supply Chain Operating Network for healthcare.

Supply Chain Network Software 150

Supply Chain Network Software Prescriptive Analytics Software Supply and Demand Modeling 150

GlobalTranz

JANUARY 23, 2017

Sustainability Measures Swept Through Logistics Providers to Reduce Transport Needs. Research indicates implementation of sustainable practices results in 5- to 20-percent revenue increase, reports Supply Chain Digital. The Internet of Things.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Cost Reduction Strategies Waste Reduction Resource Reduction 120

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

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. In other words, the use of legacy ERP systems will dwindle, replaced by advanced, cloud-based systems.

Supply Chain Planning Software 136

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

GlobalTranz

DECEMBER 7, 2015

Manufacturers will integrate e-commerce systems with IoT (Internet of Things) initiatives. 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.

Manufacturing Procurement 120

Manufacturing Procurement Trends Analytics Software Supply Chain Design Software 120

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

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? Download from the below link.

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

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. Predictive maintenance Manufacturers waste resources fixing faults instead of allocating planned maintenance.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Manufacturing Data 98

Supply Chain Shaman

DECEMBER 30, 2021

Background on Ocean Transport. 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.

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

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. These companies are fighting for deals in traditionally supply-centric models. In the area of the Internet of Things, the discussion is on how to best use the data. 7) Cost-to-Serve.

Supply and Demand 191

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

Supply Chain Shaman

JULY 29, 2017

When the report published, it stimulated many conversations. As shown in Figure 2, few orders and purchase orders flow hands-free. This included the testing of new technologies like cognitive computing, blockchain, open source analytics, and Internet of Things (IOT). The reason is simple.

Supply Chain Network Software 170

Supply Chain Network Software Supply Chain Design Software Modeling Software Analytics Software 170

Supply Chain Game Changer

NOVEMBER 14, 2018

The proliferation of the Internet of Things (IoT), Artificial Intelligence (AI), Machine Learning and Robotics, Industry 4.0, Big Data and Analytics, and Digitalization are all phrases that are emblematic of revolutionary changes both today and in the future. All purchase order activity can be managed electronically.

Negotiating Skills 87

Negotiating Skills Purchasing Skills Supply Chain Skills Buyer Training 87

IQMS

MAY 15, 2023

As a first step, these companies are using smart meters and other Internet of Things (IoT) technologies to capture real-time energy consumption data. Additionally, by using these analytics to understand how weather and building occupancy patterns affect energy consumption, manufacturers can further adjust their resource optimization.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Resource Reduction Cost Reduction Strategies 52

GlobalTranz

JANUARY 26, 2017

However, their use felt some restraint, and most companies used them to track large-scale shipments, such as cargo containers, reports Claire Swedbery of the RFID Journal. AIDC communications reduced workload , making tracking items and using analytics easier than ever. of the WIOMAX SmartIoT Blog. What Does It Mean For 2017?

Logistics Network Optimization Software 120

Logistics Network Optimization Software Omnichannel Supply Chain Software Procurement Solutions 120