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. Advanced and predictive analytics. We’ll discuss robotics solutions in more detail later in this guide.

Supply Chain Planning Software 298

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

Supply Chain Shaman

JUNE 23, 2020

I write for this blog, craft reports from research for our newsletters, create blogs for Linkedin, and build articles for Forbes. 11/2017 Logility acquires Halo for 9.3 Most of the optimization focus in the traditional software solution focuses within a function of source, make or deliver. Stay tuned.

Supply Chain Design Software 294

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 294

GlobalTranz

FEBRUARY 6, 2017

Amazon’s purchase of Kiva Robots changed the landscape of robotics in the supply chain. Furthermore, the speed of operation of robots will increase more than 30 percent by the end of 2017. Clearly, robotics will become more important in 2017 than during any previous year. Technology Will Reshape Procurement Practices.

Supply Chain Planning Software 120

Supply Chain Planning Software Procurement Analytics Manufacturing Procurement Trends 120

Enterra Insights

FEBRUARY 8, 2019

Business executives are always looking for a competitive edge and many have turned to advanced analytics to find that advantage. In the digital age, they often gamble their company’s future on the decisions they make, which is why advanced analytics have become table stakes in business. Descriptive analytics. ”[6].

Prescriptive Analytics Software 100

Prescriptive Analytics Software Big Data Analytics Software Predictive Analytics 100

Supply Chain Shaman

SEPTEMBER 23, 2016

As fall becomes winter, supply chain leaders are planning their budgets and building strategies for 2017. With this in mind, in this blog, I make an argument that we, as supply chain leaders, have screwed up direct material procurement. My goal is to have supply chain leaders consider a procurement redesign for 2017.

Material Savings 150

Material Savings Manufacturing Procurement Optimal Sourcing Vendor Strategies 150

Supply Chain Game Changer

JANUARY 10, 2019

Article provided to Supply Chain Game Changer by Katalin Brennan at Eyvo E-Procurement. We’ve all heard of the need for Procurement to embrace the Digital Transformation for many years. There are few procurement-specific personality surveys available. There are a number of free sources to do this like 123test.

Optimal Sourcing 61

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 61

EcoVadis

JULY 13, 2018

No matter what industry you operate in, procurement can create immense value — in some sectors, for instance construction, as much as 80 percent of revenue goes into the supply chain. Section 6 of the ISO 20400 also provides organizations with guidelines on sustainable procurement reporting (6.5.2 Reporting).

Procurement Analytics 74

Procurement Analytics Procurement Solutions Optimal Sourcing Sustainability 74

Supply Chain Game Changer

NOVEMBER 11, 2018

Check out What Exactly Is Procurement? And What is Purchasing? Kodiak Rating’s CTO was recently in attendance at a Procurement Leaders event held in London, titled DITx?—?Data Hearing the summarization wasn’t much of a shock, but rather an affirmation of the on-going transformation occurring within procurement teams.

Procurement Solutions 54

Procurement Solutions Procurement Analytics Optimal Sourcing Procurement 54

EcoVadis

MAY 9, 2018

Direct purchasing by governments and state-owned enterprises accounts for 12 percent of GDP in OECD countries, and in the U.K. Sustainable public procurement can also be beneficial from the economic perspective: It can generate income, reduce costs and promote innovation among domestic producers. National Procurement Standards.

Manufacturing Procurement 60

Manufacturing Procurement Procurement Analytics Procurement Solutions Optimal Sourcing 60

Supply Chain Game Changer

NOVEMBER 15, 2018

Procurement professionals have the same question looming over their head on a daily basis: “How do you plan on dealing with digitalization?”. Recently I had the pleasure of attending EBG Network’s 8th Annual Source to Pay Summit, which gathered some of the Nordic’s largest organizations and procurement profiles.

Procurement Solutions 53

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Planning Software 53

Jaggaer

FEBRUARY 25, 2020

Procurement is at the core of many companies’ efforts to increase green practices. With such strong influence over company operations, purchasing teams have the opportunity to maximize impact. “Businesses saw over $1 trillion in financial impacts as a result of environmental risks as reported by suppliers.”

Procurement Analytics 71

Procurement Analytics Procurement Solutions Optimal Sourcing Sustainability 71

Supply Chain Matters

AUGUST 30, 2023

Redwood Materials was founded by former Tesla Co-Founder and Chief Technology Officer JB Straubel in 2017. Redwood has indicated a commitment to solving the ability to source battery anode and cathode components in the United States and producing them from an increasing amount of recycled content. for the first time.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Analytics Software 59

Enterra Insights

MAY 31, 2022

But in an increasingly digital world, extending beyond enterprise boundaries from sourcing to customer engagement is now essential to achieve sustained competitive advantage.”[3]. The winning companies are those that correctly identify the problem to solve — the performance metric to improve. ”[3]. ”[8].

Supply Chain Software 130

Supply Chain Software Supply Chain Optimization Modeling Supply Chain 130

Supply Chain Game Changer

MARCH 6, 2019

7 KPIs Your Procurement Team May Be Ignoring! But, when my mom was buying a new vehicle, she didn’t decide to scrap the vehicle from 1993 and purchase one from 1995. Procurement is a business function that has undergone a lot of change in the last few years. Responsible Sourcing. Responsible Sourcing.

Manufacturing Procurement 50

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 50

ThroughPut

AUGUST 22, 2024

From this perspective, the company’s top challenges were: Volatile Demand As Church Brothers Farms looked to further enhance customer experience in a hostile market, it wanted to proactively predict demand at both a product and product group level. Should You Choose ThroughPut AI for Demand Forecasting?

Optimal Sourcing 52

Optimal Sourcing Forecasting Modeling Forecasting Software 52

AFFLINK

DECEMBER 19, 2017

Implementing an effective supply chain strategy involves thinking of the supply chain as a whole: manufacturing, logistics, purchasing, marketing, research and development, sales, and customer engagement must all be considered in order to meet evolving business needs. Cheers to 2017. Cisco Systems.

Supply Chain Design Software 48

Supply Chain Design Software Supply Chain Planning Software Waste Reduction Cost Reduction Strategies 48

Supply Chain Game Changer

NOVEMBER 17, 2018

Check out Procurement: The Spend Aggregation Obstacle Course! Aggregating your procurement spend for the purpose of delivering greater value is a sound objective. Theoretically you should be able to generate better service, better terms and conditions, and better cost. And your source of data can not be Accounts Payable.

Procurement Analytics 52

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 52

ivalua

JUNE 29, 2020

According to OECD and National Health Expenditure data, US healthcare spending per person was approx $10,224 in 2017. Data to better understand costs, utilization and, if possible, connect this to patient outcomes (easier said than done). . Most other developed countries are around 40-50% less than this. Share on Twitter.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

Enterra Insights

JANUARY 6, 2022

In 2017, Manesh G Pillai, a senior director at SapientRazorfish, openly asked, “Is cognitive computing the future of retail?”[2] Predictive Analytics. ” Cognitive solutions can also be used to help retailers understand sources of inventory shrinkage and loss. ”[2] Back then, he saw a mixed picture.

Optimal Sourcing 173

Optimal Sourcing Retail Optimization Software Analytics Software 173

CormSquare

JANUARY 24, 2017

But the question is, what are the other main challenges in procurement being faced today? This survey was done on 324 senior procurement lea ders fr om 33 countries offering a deep insight into current procurement preoccupations. Cost Reduction. Unsurprisingly, number one on the list is Cost Reduction.

Procurement Solutions 50

Procurement Solutions Procurement Analytics Cost Reduction Strategies Procurement 50

Enterra Insights

JUNE 18, 2019

The blockchain has the potential to transform the supply chain and disrupt the way we produce, market, purchase and consume our goods. Cheng-Shorland explains, “Supply chain is driven in large part by the procurement process. Everything moves through the process based on the procurement contract.”

Manufacturing Procurement 100

Manufacturing Procurement Supply Chain Software Supply Chain Optimal Sourcing 100

Talking Logistics

JULY 7, 2017

In their June 2005 paper titled, “ The Effect of Supply Chain Disruptions on Long-term Shareholder Value, Profitability, and Share Price Volatility ,” Kevin Hendricks and Vinod Singhal report the following findings from their research: Disruptions have a negative across the board effect on stock price, profitability, and share price volatility.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Planning Software Japan Purchasing Skills 0

Claritum

OCTOBER 3, 2017

Claritum Article - Procurement Blog. As featured in the ‘ The 10 Most Innovative Procurement Solution Providers ’ article published in the September 2017 Insights Success Magazine , Claritum discuss the drive for a New Wave of Easy-to-use Procurement Products…. A Varied Range of Unparalleled Solutions.

Optimal Sourcing 32

Optimal Sourcing Procurement Solutions Manufacturing Procurement Procurement Analytics 32

Logility

NOVEMBER 2, 2021

Logility recently added onto the experience, allowing students to dive further, learning how to source vendors, issue purchase orders and even track work-in-process and inbound shipments. FIDM and Logility’s partnership began in 2017 and has since expanded to include more technology applications. and Bümo, Chriselle Lim.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Logility Supply Chain Design 130

Enterra Insights

JUNE 1, 2021

Back in 2017, Andrew Busby ( @andrewbusby ), Founder and CEO of Retail Reflections, declared, “Cognitive computing is forever changing how we shop. 4] • Forecasting : Paul Winsor ( @PaulWinsor1969 ), general manager of retail at DataRobot, observes, “The really impactful part [of cognitive analytics] is around forecasting.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Analytics Software Supply Chain Software 130

Unleashed

MARCH 22, 2022

‘A wealth of opportunity’ Husband and wife team Clinton and Lozen Schultz founded Australia’s first non-alcoholic beer company, Sobah, in 2017. Since launch in 2017, the business has grown rapidly, with the brand expanding into offshore markets.

Procurement Analytics 98

Procurement Analytics Inventory Management Software Industrial Industry 98

Enterra Insights

APRIL 25, 2023

Started in 2017 by Compass Group USA, Stop Food Waste Day is now recognized globally in every corner of the world as we unite to educate and ignite change.” Journalist Erica Pandey reports, “America wastes more than 100 billion pounds — or 40% — of its food each year.”[1] and China, The Guardian reports.

Waste Reduction 130

Waste Reduction Food Price Reduction Resource Reduction 130

Enterra Insights

JULY 31, 2019

Multinational enterprises deal with a dizzying array of paperwork involving procurement deals, purchase orders, shipping data, etc. ”[3] They go on to note, “A traditional ERP simply cannot keep pace with the rate of change and the need to innovate and optimize quickly, accurately, and cost-effectively. ”[5].

Supply Chain Planning Software 100

Supply Chain Planning Software Analytics Software Supply Chain Software Predictive Analytics Software 100

Logistics Bureau

NOVEMBER 3, 2024

Conversely, just 8% of businesses with less capable supply chains report above-average growth. 2) According to a 2012 report into corporate insolvencies by the Australian Securities and Investments Commission, 44% of businesses in Australia failed because of poor strategic management.

Inventory Reduction 69

Inventory Reduction Cost Reduction Strategies Vendor Strategies Supply Chain Design Software 69

Supply Chain Opz

JANUARY 3, 2022

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. The links below are paid links.

Logistics Network Optimization Software 130

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

Supply Chain Shaman

NOVEMBER 28, 2016

The company leverages globally sourcing strategies to buy products at a lower cost and then deploys some unique process logic to drive mass customization for retailers. Over the period of 2009-2015, only 88% of companies made improvement on the Supply Chain Metrics That Matter. (As About the Supply Chains to Admire Research.

Supply Chain Design Software 195

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

Enterra Insights

SEPTEMBER 6, 2018

Big data is both wide and deep and skimming the surface never provides the insights that can be obtained through advanced analytics. ”[3] To ensure companies don’t drown in an ocean of data, they recommend using advanced analytics. .”[3] The usefulness of advanced analytics. The growing ocean of data.

Prescriptive Analytics Software 100

Prescriptive Analytics Software Data Predictive Analytics Analytics Software 100

Supply Chain Game Changer

APRIL 4, 2019

Where does Procurement stand in your organization’s Value Chain? I speak with Procurement, Sourcing and Purchasing professionals every day, from various globally functioning organizations, and there’s a resounding similarity in every one of those conversations…. Procurement is?—?still?—?largely Service ?—?includes

Procurement Solutions 60

Procurement Solutions Procurement Analytics Purchasing Skills Supply Chain Planning Software 60

ModusLink Corporation

NOVEMBER 23, 2022

A new report from the industry association E-commerce Europe found that there was a 15% growth in 2016 and the industry is predicted to be worth €602 billion by the end of 2017. That would represent a further 14% year-over-year growth.” ( Whistl, 2017). Delivery Speed and Accuracy Falling Below Acceptable Levels.

Purchasing Skills 78

Purchasing Skills Shipping Logistics Network Optimization Software Supply Chain Planning Software 78

Unleashed

JUNE 23, 2021

Inventory analytics goes mainstream. Accurately plotting costs based on live data. Improving efficiencies with data analytics. Connect IoT tech to your cloud software to input critical real-time data to analytics and other business systems. Inventory Analytics. Cloud technology accelerates. Inventory forecasting.

Inventory Management Software 80

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

Freightos

NOVEMBER 11, 2021

More on Maersk’s transition to an end-to-end provider can be found in this 2020 report. On the horizontal carrier integration front, Maersk has doubled down on its extension from ocean consolidation (Hamburg Sud, 2017) to air cargo, increasing Maersk Air by 33% with three leased cargo planes and two new Boeing purchases.

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177