Supply Chain Matters

JUNE 21, 2022

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. This report provides a snapshot of the U.S. This Year’s Report Themes and Key Messages.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

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. The Move to LTL Digital Shipping. Download WhitePaper.

Supply Chain Planning Software 120

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 120

Supply Chain Shaman

SEPTEMBER 5, 2022

While many old-fashioned supply chain leaders speak of Risk Management and the need for Control Towers. The organizations that managed well during disruption were better aligned internally and focused on using external signals. These teams are also more advanced in the use of planning and more advanced analytics concepts.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 235

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. Warehouse staff can stay on top of their replenishment orders to minimize gaps in the supply chain.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

Unleashed

DECEMBER 21, 2023

In this guide: What are inventory management solutions? Inventory management solutions are the systems and processes designed to effectively oversee the entire lifecycle of your business’s inventory, from procurement and storage to distribution and sales.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

Talking Logistics

FEBRUARY 27, 2015

Moving on to this week’s supply chain and logistics news… Target Lowers Free Shipping Minimum to $25 for Online Orders. DHL launches next phase Resilience360 risk management tool to help customers avoid global disasters. enVista Announces Record Revenue for 2014. ATA Truck Tonnage Index Jumped 1.2% in January.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Analytics Software Procurement Analytics Logistics 100

Enterra Insights

APRIL 13, 2023

Although the economy has proved remarkably resilient, there are so many unknowns at play that no one can predict what future economic conditions might be. Having said that, few if any economists are predicting a bright, short-term future. She explains, “There are signs that shoppers may be running out of gas. .”[3]

Retail 130

Retail Price Reduction Supply Chain Planning Software ToolsGroup 130

EC Sourcing Group

OCTOBER 26, 2021

However, the use of information technology in supply chain management has streamlined the world of procurement and purchasing through supply chain management, cloud software, and other types of IT that help boost supply chain efficiency. Cost reduction. Inventory management. Order and supplier management.

Supply Chain Software 52

Supply Chain Software Logistics Network Optimization Software Inventory Management Software Analytics Software 52

ModusLink Corporation

DECEMBER 13, 2022

With so much disruption fresh in mind, looking toward 2023 feels a bit more stable for every warehouse and distribution channel. However, the instability around the risk of recession remains, and knowing the top supply chain trends to watch in 2023 will help your organization prioritize operations and succeed. 30 November 2022. <[link].

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Trends 78

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. This approach enables faster order processing, reduces shipping expenses, and enhances customer satisfaction.

Supply Chain Planning Software 74

Supply Chain Planning Software Supply Chain Software Supply Chain Network Software Demand Planning Software 74

Enterra Insights

FEBRUARY 13, 2019

Machine learning is providing the needed algorithms, applications, and frameworks to bring greater predictive accuracy and value to enterprises’ data sets and contributing to diverse strategies succeeding.”[1] Machine learning can prove useful all along the supply chain from procurement to production to marketing to after sales support.

Optimal Sourcing 124

Optimal Sourcing Columbus Procurement Analytics Predictive Analytics 124

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). Building APIs to supplement EDI will not necessarily help improve risk management.

Analytics Software 52

Analytics Software Supply Chain Planning Software Modeling Software Data 52

Resilinc

NOVEMBER 14, 2023

There are so many regulations like UFLPA and the German Due Diligence Act and others that are impacting global logistics and shipping. For example, if a company’s shipment gets stopped by customs at the border, they may be required to show where it was manufactured through proof of purchase orders and invoices.

Supply Chain Strategy 58

Supply Chain Strategy Sourcing Strategies Manufacturing Procurement Supply Chain Software 58

Supply Chain Opz

NOVEMBER 9, 2014

percentage of second-tier suppliers who follow a certain risk management or IT standard”). That said, implementing Lean concepts would undoubtedly be part of that strategy, for example, - Lean Warehousing : Many firms (both retailers and manufacturers) are now aggressively rolling out Lean in their warehouse operations.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

Logistics Bureau

APRIL 3, 2023

For example, US-based companies may be quite fortunate if they have access to manufacturers right on their doorstep in Mexico, a country with far lower labour costs than the rest of North America. Through collaboration with your procurement partner, you can reduce inventory levels and then potentially downsize your warehouse capacity needs.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

GlobalTranz

FEBRUARY 5, 2019

Although government reports were delayed at the beginning of the year due to the government shutdown, all indicators from the period before the government shutdown suggest logistics will continue to expand well into 2019. The Move to LTL Digital Shipping. How New LTL Technologies & Processes are Changing the Shipping Game.

Eliminating Excel in Purchasing 129

Eliminating Excel in Purchasing Procurement Analytics Logistics Network Optimization Software Report 129

Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

AFFLINK

DECEMBER 30, 2019

Recycled products are also cheaper alternatives that can be used for packaging and shipping, offering the potential to save money in 2020. Additionally, better logistics systems can reduce the amount of time that products have to spend in shipping. The less time that each individual package has to spend in shipping, the better.

Supply Chain Software 62

Supply Chain Software Agile and Lean Supply Chain Material Savings Supply Chain Optimization 62

Cathy Roberson

AUGUST 15, 2022

Mind you, some retailers may indeed be pleased with their inventory levels, but others may be trying to figure out where to store the excess inventory since so many warehouses are beyond full. Croc's latest quarter, ending June 30, reported record revenue, up 51% year-over-year and gross profit up 26% year-over-year.

Inventory Reduction 52

Inventory Reduction Resource Reduction Inventory Cost Reduction Strategies 52

Talking Logistics

DECEMBER 11, 2014

And its technology assets too, like the Kiva robots Amazon purchased [in 2012] and the data centers that power its cloud computing services. Amazon Inside P&G Warehouses: A Case of “What’s In It for We”. Managed Services: The “Stretch Armstrong” of Logistics. Big Data and Analytics for Oil and Gas Transportation.

Predictive Analytics Software 201

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

Unleashed

AUGUST 17, 2021

Advantages: Manufacturers save on infrastructure costs : the company avoids the cost of purchasing, managing and periodically upgrading expensive software. ERP manufacturing software Enterprise resource planning (ERP) software has functions that help manufacturers manage business operations. Who is CAD best for?

Inventory Management Software 97

Inventory Management Software Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 97

Jaggaer

APRIL 14, 2020

Define your procurement response strategy. Many countries have closed shops for non-essential and discretionary purchases, and even where they are open, consumers may be cautious about venturing to the high street, preferring to shop online. That is a shift of mindset in risk management and business continuity.”.

Supply Chain Disruption 52

Supply Chain Disruption Europe Cost Reduction Strategies Material Savings 52

Supply Chain Shaman

SEPTEMBER 28, 2012

That is the role of marketing or sales or procurement. Yes, I believe that supply chain overlays on top of the sales and marketing organizations and the procurement function. Instead of pushing costs and waste backwards in the supply chain, companies should redesign for value-based outcomes. “ I scratch my head.

Pricing Training 261

Pricing Training Supply Chain Design Software Waste Reduction Purchasing Training 261

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Manufacturers can gather valuable granular data such as the time an item spent in storage, at what temperature, how long it took to sell, the length of time between purchase and fulfillment and how long it spent in transport. Robotics enabled with AI and ML augment the work of humans in warehouses and distribution centers.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

Talking Logistics

DECEMBER 16, 2015

As history has shown, terrorist attacks (and how the world responds to them) affects oil prices, stock markets, consumer confidence and spending, and trade lanes — and they can trigger new regulations and security measures, which could increase supply chain costs and lead times. Abercrombie & Fitch Inc. and L Brands Inc.’s

Predictive Analytics Software 120

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

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Inspired by McKinsey’s 2020 consultancy report, which emphasizes transforming supply chains rather than temporary fixes, we believe a comprehensive approach to reskilling supply chain professionals is essential to meet future demands. While striving to keep costs low, it also aims to meet customer expectations efficiently.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

ToolsGroup

APRIL 1, 2022

Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Increased Prices Resulting from Shortages and Supply Chain Issues.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Talking Logistics

AUGUST 1, 2014

Dun & Bradstreet Launches Supplier Risk Manager™ 2.0. Reports 2014 Second-quarter Results. Amazon to open five new warehouses in India (Reuters). Amazon Offers Slower Delivery in Exchange For Free Instant Video Credits (BetaBeat). Con-way Inc. E-Commerce Drives UPS 2Q Shipments Up 7.2

Logistics Network Optimization Software 150

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Unleashed

APRIL 18, 2022

However the risk of disruption in their supply – from something as simple as bad weather or local labour shortages – meant it made sense to build in redundancy by setting up additional channels. Risk management is central to all manufacturing production strategies. Nearly 60% reported serious disruptions.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Software Inventory Reduction Supply Chain Strategy 97

Supply Chain Opz

JUNE 1, 2014

Moreover, products can be shipped to stores in-time then lost sales is minimal. During a short term planning (less than one month), they pay much attention to the coordination between purchasing, production and sales. Another 80% of orders are handled by both warehouse and cross dock system.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

Precoro

JANUARY 16, 2023

Spend management is a set of practices for controlling how a business spends money. Spend management allows for efficient sourcing and procurement, regulated expenses, timely registration of spontaneous purchases, and a reduction of fraud and errors. Operating vs. Non-operating.

Procurement Solutions 98

Procurement Solutions Negotiating Skills Purchasing Skills Expense Reduction 98

SCMDOJO

APRIL 24, 2024

According to industry reports, over half of business leaders acknowledge the need for supply chain improvements, with 52% believing they could enhance their operations. According to a recent survey, 91% of manufacturers plan to “spice up” AI technology with supply chain data analytics by the end of 2024.

Optimal Sourcing 57

Optimal Sourcing Agile and Lean Supply Chain Waste Reduction Material Savings 57

Unleashed

JUNE 27, 2022

In this article on distillery management. 10 key distillery management practices and the tools to use for them These are the top 10 distillery management practices you should hone, and the software you’ll need to do so. Therefore, a critical distillery management practice to perfect is good warehouse management.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Procurement Solutions 98

CH Robinson Transportfolio

APRIL 27, 2021

The Ever Given vessel is floating, but the ship is not out of hot water. Although the cargo on the Ever Given is still at a standstill, other ships have been able to freely move through the canal over the past few weeks. The BBC reported that 369 ships were stuck waiting for the Ever Given to be refloated.

Risk Management 49

Risk Management Supply Chain Risk Management Supply Chain Planning Software Supply Chain Strategy 49

Intelligent Audit

JANUARY 18, 2022

Actionable analytics and meaningful logistics intelligence are essential elements in freight. Actionable analytics gather large volumes of data and interpret it in a meaningful way, translating it into effective business strategies. What’s Happening: Shipping Disruptions Continue. Freight shipping costs are climbing.

Analytics Software 52

Analytics Software Supply Chain Planning Software Supply Chain Design Software Procurement Analytics 52

Infosys Supply Chain Management

AUGUST 10, 2012

Sourcing & Procurement. Sourcing & Procurement. Talent Management. BigDataEdge – Insights Management. BigDataEdge – Insights Management. ProcureEdge – Sourcing & Procurement. SmartGridEdge – Smart Grid Management. TalentEdge – Talent Management.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Software Manufacturing Procurement Innovation 28

Logichain Solutions

OCTOBER 8, 2018

With all the data from IoT, more sophisticated analytics can be applied throughout the entire value chain to identify improvement opportunities and best practices. Another consideration is to invest in own technology and purchase all the equipment versus partner with a solutions provider. Challenges of IoT.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Network Software Analytics Software Optimization Software 40