ToolsGroup

JULY 19, 2023

With the advent of true “single source of truth” inventory visibility , a digital twin is a more feasible goal than ever before. They ingest information like transportation plans or shipment delays and model the implications of unexpected events. Digital Twin Applications For instance, say you’re a manufacturer or distributor.

Real-time Visibility 295

Real-time Visibility Supply Chain Planning Software Modeling Scenario Planning 295

GlobalTranz

OCTOBER 14, 2016

Editor's Note: This is a guest blog by Our friend Mark Lerner with Bringg where he discusses Omnichannel and Supply Chain with Chuck Intrieri. Well it all started with "purchasing," that was the big name when I was with Schwinn; it was called a "purchasing partner." So it was just purchasing materials management.

Omnichannel 120

Omnichannel Manufacturing Procurement Supply Chain Purchasing Skills 120

GlobalTranz

DECEMBER 7, 2015

As we close the year of 2015, we want to take a look at some manufacturing trends for 2016. We look at 6 core areas that manufacturing companies will take a long look at as they gear up for a successful 2016. E-Commerce for Manufacturing. Manufacturers will seek custom (or specifically tailored) e-commerce solutions.

Manufacturing Procurement 120

Manufacturing Procurement Trends Analytics Software Supply Chain Design Software 120

Enterra Insights

APRIL 18, 2019

Even when a consumer concludes making an in-store purchase is their best option, they are likely to have used their smartphone to search for other options or to compare prices. The digital path to purchase is becoming the norm for many consumers and both retailers and manufacturers are taking notice. ”[2]. ”[2].

Omnichannel 100

Omnichannel Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 100

GlobalTranz

APRIL 3, 2018

Multiple manufacturers, multiple relationships, multiple distribution models, multiple contracts. Manifesting this trend is the terminology and concept of Digital Path to Purchase — the omni-channel, tech-focused approach to supporting and acting on a consumer’s purchase. from the global economy by 2022.

Supply and Demand 196

Supply and Demand Supply Chain Planning Software Supply Chain Software Optimal Sourcing 196

Logistics Viewpoints

JULY 18, 2022

The company sources goods from 34,000 suppliers out of 30 nations. Process is a very big topic, but two sets of processes are worth mentioning in more detail are Ferguson’s sourcing and global trade compliance processes. Lead times expanded even for domestic manufacturers because they sourced raw materials from overseas.

Supply Chain Design Software 305

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Network Design Software 305

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Every industry sector and every business across the board, in APAC and around the globe have been impacted by the Great Supply Chain Disruption over the last two years, causing a blow out of transportation costs and continuous delays at every stage of the channel. Brand loyalty is no longer the driver for consumer purchasing decisions.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Talking Logistics

OCTOBER 9, 2014

While omnichannel retailing is in the spotlight these days, lurking in the shadows is another big challenge and opportunity many retailers (and manufacturers looking to sell direct to consumers) have been struggling with for years: cross-border e-commerce. The combined software and transportation solutions allow merchants in the U.S.

Logistics Network Optimization Software 198

Logistics Network Optimization Software Purchasing Skills Manufacturing Procurement Supply Chain Network Software 198

GlobalTranz

APRIL 18, 2016

E-commerce and omnichannel solutions are rapidly becoming the next frontier in the use of the Internet of Things and better order fulfillment processes. The use of omnichannel solutions to increase sales through all accessible means, which includes e-commerce, social media sales, printed advertising and catalogs , and brick-and-mortar stores.

Omnichannel 120

Omnichannel Modeling Demand Planning Software Logistics Network Optimization Software 120

Enterra Insights

MAY 31, 2019

To meet changing consumer behavior, retailers are finding omnichannel strategies essential. ” We know that data helps retailers and manufacturers learn more about us as consumers; but, we often forget that data also allows consumers to learn more about the products being offered to them. Changing consumer behavior. ”[5].

Price Reduction 100

Price Reduction Cost Reduction Strategies Sourcing Strategies Omnichannel 100

Logistics Viewpoints

OCTOBER 6, 2022

Delivery has taken center stage as a key factor that consumers evaluate when deciding where to purchase their online goods. Supply chain leaders, whether e-commerce retailers, grocery chains, restaurants or manufacturers, need to revisit their last mile delivery strategy. A great delivery experience is a great competitive advantage.

Procurement Solutions 203

Procurement Solutions Expense Reduction Purchasing Skills Manufacturing Procurement 203

GlobalTranz

SEPTEMBER 13, 2018

Primary Challenges in an E-Commerce Shipping Strategy Developing an e-commerce shipping strategy is about more than just considering e-commerce; e-commerce may include the omnichannel purchases in which customers use a variety of online and in-store devices and experiences to make a final decision and complete a purchase.

Price Reduction 181

Price Reduction Cost Reduction Strategies Resource Reduction Inventory Reduction 181

GlobalTranz

DECEMBER 27, 2017

Today, is day two of our annual year-end series highlighting the top blog posts in each of our 5 main categories: Manufacturing , Supply Chain , Logistics , Transportation Management , Freight. How can you apply the digital supply chain for effectiveness including going omnichannel. Share This: Read More. [e-Book]

Supply Chain Software 151

Supply Chain Software Optimal Sourcing Supply Chain Optimization Supply Chain Strategy 151

Oracle SCM

JULY 12, 2017

Companies tripped over themselves to build ecommerce portals, and one-click purchasing grew in relevance. The right prediction and contingency planning tools will ensure a complete view and an effective response to risks such as suppliers going out of business, political upheaval, and natural calamities affecting manufacturing.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

GlobalTranz

FEBRUARY 6, 2017

Amazon’s purchase of Kiva Robots changed the landscape of robotics in the supply chain. Per IDC Manufacturing Insights , the use of robotics will become more platform based through robot-as-a-service, reducing costs of deployment and maintenance. Technology Will Reshape Procurement Practices. Robotics Will Grow More Versatile.

Supply Chain Planning Software 120

Supply Chain Planning Software Procurement Analytics Manufacturing Procurement Trends 120

Logility

MAY 31, 2023

According to the Gartner Guide to Use Cases for Network Optimization Capabilities , your company should dig deeper into four areas of your supply chain network design – distribution network optimization, omnichannel fulfillment, manufacturing capacity optimization, and global footprint strategy.

Optimal Sourcing 130

Optimal Sourcing Modeling Network Design Software Network Optimization 130

GlobalTranz

AUGUST 20, 2018

Retailers Face Major Hurdles to Transparency, Omnichannel, and More Retailers still struggle to maintain transparency with consumers. This leads to problems compiling reports, sending the unsold product back to manufacturers, and a decreased level of transparency. Omnichannel shopping grows easier. GET YOUR FREE WHITE PAPER.

Analytics Software 122

Analytics Software Procurement Analytics Analytics Supply Chain Design Software 122

The Logistics & Supply Chain Management Society

SEPTEMBER 21, 2022

Parallelly, expectations around the overall purchasing experience have also grown steeper. A 2021 McKinsey study, that when delivery times are too long, almost half of omnichannel consumers will shop elsewhere. Aside from route planning and optimisation, some other avenues worth exploring include: Sustainable Sourcing of Goods.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Supply Chain Planning Software Optimal Sourcing Optimization Software 130

Talking Logistics

OCTOBER 10, 2014

August 2014 Freight Transportation Services Index (TSI). The omnichannel retail chess pieces keep moving, and Amazon made a strategic move this week. Finally, the Freight Transportation Services Index (TSI) rose 0.6 Life is good in freight transportation. Nulogy Raises $7.5 Bill from Calif. percent from August 2013.

Logistics Network Optimization Software 152

Logistics Network Optimization Software New York Logistics Chicago 152

AFFLINK

AUGUST 17, 2022

Automation in manufacturing can help be the driving force to lift some of the burden felt by many distributors across the globe. Upstream Supply Issues Manufacturers are struggling with the same product and shipping delays as consumers. Top Distributor Challenges: 1. Over the last 12 months, 58% reported additional demand increases.

Manufacturing Procurement 62

Manufacturing Procurement Supply Chain Software Optimal Sourcing Demand Planning Software 62

GlobalTranz

FEBRUARY 7, 2018

Third-party logistics providers (3PLs) have been around for several years, and while 3PLs may have existing software suites, such as our very own transportation management system, the Cerasis Rater, many supply chain managers are still implementing in-house technology solutions that have severe capability limitations.

Supply Chain Design Software 170

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Optimization Software 170

GlobalTranz

NOVEMBER 20, 2018

As a result, brick-and-mortar retail has become more focused on digital inventory management, a building block in the road to omnichannel supply chains , than in the past. Monitor inventory in all stages of the supply chain from manufacturing to returns, explains Andy Henderson via General Electric.

Inventory Management Software 121

Inventory Management Software Inventory Management Supply Chain Planning Software Inventory 121

GlobalTranz

FEBRUARY 20, 2018

However, logistics focuses expressly on the movement and storage of products, while the supply chain goes into deeper detail, including manufacturing processes, procurement, and the flow of goods. Further, we may see, as we are now in manufacturing, the rise of cobots, or collaborative robots, as coined by Rethink Robotics.

Logistics Network Optimization Software 181

Logistics Network Optimization Software Supply Chain Planning Software Demand Planning Software Analytics Software 181

GlobalTranz

MAY 2, 2017

Manufacturers have always struggled to obtain the most accurate inventory levels possible. Meanwhile, failure to notify consumers about out-of-stock items during purchase could result in the permanent loss of a customer. Amazon has accomplished many great things, and the company is approaching omnichannel status.

Inventory Management Software 120

Inventory Management Software Inventory Management Inventory Reduction Procurement Analytics 120

GlobalTranz

AUGUST 8, 2018

Business-to-business (B2B) purchasers have a stake in ensuring B2B suppliers, partners, and distributors can fulfill orders and provide enough information about such transactions to meet end-user demands. In other words, the same demands of consumers exist in B2B purchasers. This is not exclusive to end-users. Decreased shipping costs.

Vendor Strategies 120

Vendor Strategies Cost Reduction Strategies Supply Chain Software Supply Chain Strategy 120

Kinaxis

JULY 7, 2016

Here are some examples: a) 3-D printing is shifting manufacturing to the point of consumption. Transportation speeds like never imagined before (think Hyperloop ) will be feasible in our lifetime and will shrink lead times significantly.

Supply Chain Planning Software 189

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Software 189

ToolsGroup

DECEMBER 16, 2021

Retailers face more competition than ever before due to the evolution of technology that has morphed the traditional shopping experience from being purely physical into the digital and omnichannel realm. This goes back to a very simple manufacturing principle, that work in process inventory is far from ideal. What is an open-to-buy ?

Supply Chain Planning Software 156

Supply Chain Planning Software Retail Supply Chain Planning Scenario Planning 156

SupplyPike

MAY 14, 2020

Supply Chain Management (SCM) is a systematic and controlled procurement operation. Procurement usually comprises a diverse range of suppliers chosen according to a conceived ability to supply merchandise at the right price. Most manufacturers depend on just-in-time (JIT) manufacturing policies. On Time In Full Dashboard.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Procurement Analytics 98

TMC

OCTOBER 20, 2016

TMS-Enabled Omnichannel Supply Chains Gearing Up for the Peak Season Challenge.Connect. The 2016 holiday shopping season is expected to deliver increased sales volumes—and new challenges for retailers as they continue to develop omnichannel supply chain models in response to changing consumer buying patterns. Learning from experience.

Omnichannel 54

Omnichannel Supply Chain Software Modeling Software Demand Planning Software 54

GlobalTranz

FEBRUARY 17, 2016

Purchasing can place the order and negotiate prices; Production Planning can release these items based on the latest Material Requirements Planning (MRP) report. Source: [link]. Communication between you and the Supplier are critical in managing a VMI system. Understand Lean Principles and How to Use them to Cut Out "Waste".

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

Cathy Roberson

MAY 3, 2021

Manufacturing is gaining steam not only in the US but around the world as businesses return to a COVID-19 type of redefined normalcy. According to IHS Markit, March US purchasing manager’s index (PMI) was the second strongest since data collection began in May 2007.

Supply Chain Planning Software 98

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Supply Chain Planning 98

SCMDOJO

DECEMBER 28, 2023

According to a recent report by Global Web Index, modern shoppers distribute their attention across multiple social platforms and are increasingly likely to purchase products on their mobile devices. Having clear visibility into inventory is critical for omnichannel fulfilment. billion operational IoT devices by 2030.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Software Supply Chain Network Software Demand Planning Software 97

crisp

MAY 21, 2025

Multinational food ingredient manufacturer Kerry , for example, demonstrates this power through its Trendspotter AI platform, which analyzes millions of data points from global media content to identify emerging food and beverage trends and develop products in as little as 2 months compared to traditional timelines of 6-9 months.

Inventory Reduction 40

Inventory Reduction Sourcing Strategies Cost Reduction Strategies Supply Chain Strategy 40

ToolsGroup

JUNE 27, 2022

At the back of your supply chain, you’ve got your raw materials being procured. In the middle, you’ve got your manufacturers that take those raw materials and turn them into finished goods. Scoops is a manufacturer that makes batch ice cream and pre-packaged ice cream bars and pints. Essentially, a company buys its customer.

Price Reduction 156

Price Reduction Cost Reduction Strategies Material Savings Supply Chain Planning Software 156

TMC

FEBRUARY 11, 2016

It also shed light on the key role that transportation management system (TMS) solutions play in helping retailers respond and adapt to the emerging industry landscape. In response to changing consumer buying preferences, retailers have implemented multichannel or omnichannel supply chains. Capturing a complete view.

Omnichannel 48

Omnichannel Supply Chain Software Logistics Network Optimization Software Modeling Software 48

Elementum

JANUARY 19, 2018

And companies had the painful realization that, faced with an empty shelf or “out of stock” notification, most customers will drop a purchase entirely and head for the next best option. The same thinking applies to those in transport, particularly given the unpredictable weather and other factors that transport operators work in.

Supply Chain Software 100

Supply Chain Software Predictive Analytics Software Logistics Network Optimization Software Demand Planning Software 100

Enterra Insights

FEBRUARY 28, 2018

As I noted in an earlier post, the food sector is now learning what companies in other sectors (like entertainment and transportation) learned several years ago. Wells observes, “Over the last year, retailers and manufacturers have grown their online shopping capabilities.” The digital era is disruptive. ”[8]. .”

Manufacturing Procurement 100

Manufacturing Procurement Predictive Analytics Software Procurement Analytics Food 100