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April 23, 2025 Blog Today, we’re excited to announce the launch of Freightos Enterprise our comprehensive solution designed specifically for large enterprises that import and export, who need to bring control, visibility, and efficiency to their global logistics operations.
And that’s where real-time perpetual inventory signals come in. The Challenge: Siloed Inventory Data and Lack of Visibility One of the primary obstacles in inventory management is the prevalence of siloed data across multiple execution systems. How do they achieve this?
During his tenure in the industry, he built innovative pricing and forecasting models, leveraging internal and external data sources to improve internal decision-making and increase profitability. Prior to joining DAT, Adamo led the pricing and decision science teams at FedEx.
Reducing cost was the primary objective, and most operational decisionsfrom sourcing to fulfillmentreflected that mindset. Second, many supply chains still lack visibility beyond Tier-1 suppliers. Visibility is the next critical step. Metrics must reflect the new priorities. Lean models alone are no longer sufficient.
Just by embedding analytics, application owners can charge 24% more for their product. How much value could you add? This framework explains how application enhancements can extend your product offerings. Brought to you by Logi Analytics.
April 23, 2025 Blog Today, we’re excited to announce the launch of Freightos Enterprise our comprehensive solution designed specifically for large enterprises that import and export, who need to bring control, visibility, and efficiency to their global logistics operations.
A disruption at any point in the global logistics network including the average of 12 touch points from shipment packaging to final delivery can prove disastrous for profits, service levels, customer loyalty, and other key metrics. With the global e-commerce market predicted to reach $8.1
It’s the key to transforming your supply chain from a source of frustration into a well-oiled, profit-generating machine. Modern supply chains thrive on real-time data, execution-focused applications, and dynamic decision-making. Supplier Performance: Evaluate your vendors’ reliability, quality, and delivery times.
We’ll examine the key components of efficient supply chains, explore essential performance metrics, and uncover the fundamental drivers that influence efficiency. Technology integration: Leveraging digital tools to enhance visibility and decision-making. This post delves into the core drivers of supply chain efficiency.
Think about it: How much time is wasted hunting down misplaced inventory? How many shipments are delayed due to inaccurate picking? How much could you save by streamlining your workflows and empowering your team with real-time data? Think real-timeinventoryvisibility across all your locations.
Visibility. The most common use case for control towers is visibility. While there are many types of visibility (see Figure 1), the most common use case is either sourcing or transportation visibility. Gaps in Enterprise Visibility. Gaps in Supplier Visibility. Considerations: Real-time?
For example, real-time planning, end-to-end planning, control tower, integrated business planning (IBP), and digital brain are oxymorons while discussions on innovation bounded by a required ROI is a juxtaposition. How can I align the organization to a balanced scorecard through the visibility of options? The goal of a forecast?
Modern WMS platforms provide real-time tracking, order management , and better inventoryvisibility, all while minimizing manual errors. RFgens mobile barcoding solutions make it easier for you to gain real-timevisibility and streamline processes. It’s about doing well by doing good.
The traditional metrics of excellence cost efficiency, on-time delivery while still important, are no longer sufficient in an era defined by volatility, complexity and political changes. Second, visibility is expanding from enterprise-centric to ecosystem-wide. The first is living demand intelligence.
Of the professionals surveyed, 59% saw the gap between procurement/sourcing and supply chain to be a major disconnect, and the most pressing pain point. To get there, organizations need to align their supply chain and procurement operations to address the key pain points of visibility and collaboration. Networks and Sourcing.
Failing to meet expectations can result in: Chargebacks Loss of preferred vendor status Smaller or fewer orders Strained retailer relationships These scorecards are not just internal metrics. One of the most important metrics on a retailer scorecard is OTIF , which stands for On Time, In Full. Was it a packaging issue?
The most interesting thing that Blue Yonder is doing from an OMS standpoint is driving promising and pre-sourcing to retailers. The data is all anonymous, but retailers can look at metrics such as time to fulfill, pack time, conversions, and ship versus pick-up, to name a few, across hundreds of Active Omni customers.
The Power of Source-to-Pay Digital Transformation To put it briefly, source-to-pay refers to the entire process that starts with finding, negotiating with, and contracting the suppliers of materials, goods and services, and culminates in the final payment for those items. These begin with enhanced visibility.
Many-to-many can also refer to many participants in a network accessing many, many sources of event data critical to supply chain operations through a public cloud network. But even in more normal times, a supply plan usually can’t be fully executed. Real-time location and IoT data such as condition statuses (e.g.,
April 23, 2025 Blog Today, we’re excited to announce the launch of Freightos Enterprise our comprehensive solution designed specifically for large enterprises that import and export, who need to bring control, visibility, and efficiency to their global logistics operations.
How 3PLs Can Gain Visibility and a Competitive Advantage Offering Automated Billing and a Self-Service Interactive Customer Portal It’s hard to imagine a third-party logistics (3PL) business today operating without some form of a warehouse management system ( WMS ) connecting the digital dots. But can technology do more?
End-to-end supply chain visibility, planning, and execution support software are critical in agile supply chain performance. CPG companies that utilize an autonomous supply chain technology see a reduction in their inventory and cost and an increase in revenue. each with discrete plans generated typically in sequential batch runs.
Sudden demand spikes, precipitous demand drops, supply disruptions, production line shutdowns and other events can only be managed by early prediction and real-time responsiveness. Manufacturers need to extend visibility and collaboration beyond their own walls to avoid any disruptions. In 2021 it is an entirely new game.
They need visibility across multiple internal systemslike ERP, CRM, and financial platformsand even external sources shared with suppliers, partners, and customers. They served a purpose but lacked flexibility and real-time relevance. It consolidates disparate data sources into a single, reliable version of the truth.
Capturing carrier data gives you more visibility into your freight spend and enables you to make data-driven decisions that positively impact your business. Analytics provides visibility into your transportation network and operations. Let’s take a closer look at how to turn these practices into action. Track Carrier Performance Data.
Whether you’re sourcing from different warehouses or shipping to various branches, VRM tools help track and manage vendors across multiple locations. This ensures that you have complete visibility into where products are coming from and going to, enabling smoother logistics and more effective supply chain management.
Production Capacity Analysis While traditional testing methods can be time-consuming and offer incomplete data, focusing on key production metrics within the manufacturing process provides more actionable insights. Consider these essential metrics: Asset Utilization: How efficiently are your machines being used?
This means having a resilient supply chain strategy that includes visibility, transparency, clear communication, and collaboration. Global businesses need complete supply chain visibility to fully understand activity and respond rapidly to risk and disruption. The Costs of Non-Compliance. It’s all about mitigating risk.
While it’s undeniably important to source products responsibly and produce recyclable or reusable products, companies also need to focus on making the transportation and distribution of products more sustainable. Ensure Your Materials Are Ethically Sourced.
Collaboration across Tier 1, Tier 2, Tier 3, and beyond requires visibility and communication regarding capacity, cost, risk, order quantities, inventory levels, quality , timelines, logistics, and more. Collaboration brings visibility and agility for gaining market share.
With uncertainty a guarantee in the year ahead, leaders are realising the need to adopt applications that will improve visibility into demand and inventory, as well as tools that can help them model and simulate “what if?” Real-time data driven decision making is critical. Risk planning and technology utilisation.
Effective governance requires real-time data to improve sourcing decisions, create and nurture a strong supplier network, and provide the transparency consumers demand. An effective strategy relies on real-time supply chain management data, and this is where supply chain technology platforms shine.
This means we need more agile, flexible, and scalable planning platforms to process and consolidate new data sources, drive insights using advanced analytics such as AI/ML to drive autonomous decisions, and expand collaboration within and outside our organizations. Step 4 – Closing the Loop and Getting Real-timeVisibility.
The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). The definition of this metric is similar to the way it sounds. On-time and complete shipments.
Unlike traditional tools that often operate in isolation or rely on rigid workflows, AI connects the dots between disparate data sources, providing a more comprehensive view of procurement activities. AI in procurement use cases : Analyzing data from multiple sources to predict demand trends with greater accuracy.
Stock balancing requires a delicate interplay of forecasting, real-timevisibility, and agile responsiveness. In fact, over 70% of supply chain inefficiencies originate from poor visibility into inventory levels across locations.
They can proactively identify risks, optimize processes in realtime, and even negotiate supplier contracts without human oversight. These AI agents leverage real-time data, predictive analytics, and generative AI to enhance resilience, reduce costs, and improve overall efficiency in AI-driven supply chain resilience.
For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). However, localized sourcing shortened leadtimes and improve responsiveness.
Continuing Disruptions in Transportation and Sourcing Materials After the pandemic, retailers are faced with new challenges and disruptions due to global conflicts, trade restrictions, and now recessions. Here are some highlights from these trends in 2023 and implications on supply chain planning. in 2021 compared to the year before.
Shift in Supplier Dynamics: Companies may seek alternative sourcing options to mitigate cost increases. Compare sourcing alternatives and production schedules in real-time. Optimized Supplier Selection Evaluate alternative suppliers based on performance metrics, transportation costs, and lead times.
This visibility allows them to analyze spending regularly, pinpoint areas where costs are increasing, and uncover inefficiencies. This lack of coordination means that different departments might be sourcing from suppliers that don’t follow sustainable practices or social responsibility standards.
The company wasn’t a pure startup at the time (it was founded in 1981), but like all software companies during those years, it rode the dotcom tidal wave up — and then crashed down with everyone else (see period from 1999 through 2002 in the stock chart below). Source: Google. Where is Descartes today? Keegan McCready, Sr.
In times of pressure and crisis , highly responsive and trustworthy suppliers make agility possible. Following widely-known standards keeps your vendor options open so you’re not locked into sourcing from a small pool of specialty suppliers that can negatively impact time to market.
For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). However, localized sourcing shortened leadtimes and improve responsiveness.
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