RFgen

DECEMBER 19, 2024

And perhaps most critically, a lack of real-time visibility into stock levels prevents informed decision-making about purchasing, production, and fulfillment. IoT integration connects automated inventory controls with digital reporting systems, providing accurate stock levels and improving the inventory turnover ratio via GPS tracking.

Inventory Management Software 93

Inventory Management Software Analytics Software Supply Chain Planning Software Forecasting Software 93

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 in 2021 and beyond.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Logistics Viewpoints

MAY 19, 2022

He had a load full of cotton bales, and while idling away hours at a shipyard watching stevedores load other cargo onto ships he dreamed up containers that transformed global supply chains. Containerization eventually reduced shipping and loading costs by at least 75%. The myth of the “perfect plan”.

Optimal Sourcing 284

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 284

Silvon Software

APRIL 19, 2022

The past few years have created a lasting impact on the way business is conducted, driving many companies to analytics to gain the visibility they need to control and optimize key processes. The Basics of Procurement KPIs. To accomplish this, our clients rely on the built-in data hub of our Stratum reporting application.

Optimal Sourcing 124

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 124

Supply Chain Shaman

DECEMBER 30, 2021

Global shipping is national news with most stories covering the symptoms. Since 1990, the size of ships increased 3X, but the design of the west coast ports remained largely unchanged. meters, to accommodate ships with 20 rows of containers) and 15.2 meters, to accommodate ships with 20 rows of containers) and 15.2

Supply Chain Design Software 437

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 437

Supply Chain Shaman

JANUARY 2, 2023

Models Matter. In implementing planning, most of the focus in purchasing technology in the sales cycle is on optimization. These role-based views can be consumed into a demand visibility signal and used in the respective applications within transportation and procurement.) This type of model is shown as purple in Figure 4.)

Supply and Demand 372

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 372

GlobalTranz

SEPTEMBER 13, 2018

The path to perfect implementation of a new e-commerce shipping strategy is not always clear, and it comes with several challenges that can undermine the efficacy and cost-effectiveness of e-commerce. International trade and customs issues reports Toby Gooley of DC Velocity. Minimize product packaging costs and add-ons.

Price Reduction 181

Price Reduction Cost Reduction Strategies Resource Reduction Inventory Reduction 181

Logistics Viewpoints

OCTOBER 18, 2023

But cross-border trade is an important part of the global economy and much of this trade is in physical goods that must be stored, shipped, transported, and eventually consumed. The report for August (released in late September) shows negligible changes in the aggregate. Manufacturing Purchasing Managers Indexes The J.P.

Manufacturing Procurement 320

Manufacturing Procurement GEP Purchasing Skills Logistics 320

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

In the cloud, companies can deploy resources on an as-needed basis, rather than invest in additional servers and storage capacity that they may only need for a short time. Thanks to AI, companies can automate functions such as demand forecasting, capacity and production planning and predictive maintenance.

Supply Chain Planning Software 298

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

GlobalTranz

JULY 13, 2015

Throughout the supply chain, the use of metrics to track and understand processes provides an invaluable resource for ensuring increased production and customer satisfaction. What Distribution Center Metrics Need Tracking? However, the most important metrics can be categorized into the following eight areas. On-Time Shipping.

Procurement Analytics 120

Procurement Analytics Metrics Distribution Inventory Reduction 120

Logistics Viewpoints

JULY 11, 2022

In many cases, Amazon can deliver these packages within hours of purchase. Amazon reported $2 billion in incremental costs from having excess fulfillment and transportation capacity. Meanwhile, their CFO reports that inflationary pressures – increased fuel costs, increased costs of international shipping, etc.

Supply Chain Network Software 285

Supply Chain Network Software Forecasting Purchasing Skills Forecasting Software 285

Logistics Viewpoints

FEBRUARY 2, 2024

UPS is seeking alternative strategies for its truck brokerage business, which has seen sales plummet amid a freight recession marked by declining rates and over capacity. Amazon achieved its fastest-ever global shipping times last year but isn’t resting on its laurels. While I like his optimism, I’ll believe it when I see it.

Cost Reduction Strategies 285

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 285

GlobalTranz

DECEMBER 30, 2014

Transportation Metrics That Matter Most to Track and Improve Performance : How do you measure logistics efficiency and transportation metrics performance indicators when you are already doing the best job possible? To add insult to injury, they also rarely have reporting mechanisms to properly monitor those expenses.

Logistics Network Optimization Software 232

Logistics Network Optimization Software Expense Reduction Supply Chain Planning Software Modeling Software 232

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 95

Optimal Sourcing Optimization Software Waste Reduction Inventory Reduction 95

Logistics Viewpoints

APRIL 26, 2022

As more consumers flock to e-commerce, purchasing big & bulky goods such as furniture, appliances, and wholesale electronics online is becoming more common. Larger types of retail goods such as furniture and appliances, also known as oversized, are more challenging to ship than small packages. On-site delivery experience and cost.

Supply Chain Planning Software 253

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Forecasting Software 253

Freightos

OCTOBER 26, 2020

The free report is available in PDF with supporting spreadsheets and high-resolution infographics here. Demand for ocean freight was lower than anticipated, and Hanjin Shipping, another top ten ocean liner, was already teetering on the verge of bankruptcy. The Post-2016 Strategy: End-to-end Shipping. Driving the Maersk Shift.

Logistics Network Optimization Software 335

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Price Reduction 335

Silvon Software

MARCH 3, 2023

Having a strong Sales & Operations Planning (S&OP) strategy ensures that your forecasts, raw materials availability and production capacity all match up and that the factory floor can meet its defined deadlines. Delivery metrics can vary in terminologies, measurement methods, and variables from one company to the next.

S&OP 89

S&OP Procurement Analytics Supply and Demand Analytics Software 89

The Logistics of Logistics

JUNE 28, 2023

Topped off by improving time-in-transit and lowering your costs, Maergo is reimagining delivery and changing the way the retailers ship and deliver to their customers. Their network features include pick-ups seven days a week, flexible sortation, eco-friendly use of passenger flight cargo capacity, and diverse last mile partners.

Logistics Network Optimization Software 264

Logistics Network Optimization Software Supply Chain Network Software Price Reduction Expense Reduction 264

Logistics Viewpoints

SEPTEMBER 10, 2021

Costco has reintroduced purchase limits. American Eagle, Walmart invest in direct shipping to avoid congestion. US ports see shipping logjams extending through mid-2022. Now, however, Amazon is shipping cargo for outside customers in its latest move to compete with FedEx and UPS.

Logistics Network Optimization Software 48

Logistics Network Optimization Software Waste Reduction Logistics Price Reduction 48

GlobalTranz

OCTOBER 21, 2016

Since 2014, the shipping industry has suffered numerous setbacks. Rebounding freight volumes and the proximity of the electronic logging device (ELD) mandate are set to change the industry in 2017, reports Sean Kilcarr of FleetOwner. Capacity Will Grow Tighter. The ELD mandate will further worsen the coming capacity crunch.

Capacity 120

Capacity Purchasing Skills Material Savings Price Reduction 120

Precoro

NOVEMBER 13, 2023

However, only 30% of CPOs claim they have achieved their cost-saving targets in 2023. One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. Why Is Purchase Price Variance Important?

Purchasing Skills 87

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 87

GlobalTranz

SEPTEMBER 19, 2017

Penny Co, reports William B. Yet, more bulky items are moving from traditional retail to consumer direct shipping models, and consumers want speed and visibility in every stage. . Capacity reflects another problem in last mile delivery. Modern Shipping TMS Must Handle Last Mile Delivery Too.

Logistics Network Optimization Software 250

Logistics Network Optimization Software Cost Reduction Strategies Transportation Purchasing Skills 250

ToolsGroup

NOVEMBER 23, 2021

The following strategies, based on data, analytics, and collaboration, are helping planners around the globe overcome a disrupted supply chain. Use analytics to put your available inventory to the best use. Chances are you do have some inventory–make sure it’s being put to the best use with automation and data analytics.

Supply Chain Planning Software 291

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 291

Logistics Viewpoints

JUNE 2, 2023

Amazon has launched a new fulfillment center in Riyadh doubling its total storage capacity in Saudi Arabia and increasing selling opportunities for small and medium-sized businesses. million cubic feet capacity can store more than 9 million products, according to a statement. Walmart SWW currently offers FedEx and USPS shipping.

Logistics Network Optimization Software 246

Logistics Network Optimization Software Saudi Arabia Supply Chain Planning Software Logistics 246

Talking Logistics

APRIL 23, 2019

Not long ago, people would take a Saturday afternoon to visit a furniture showroom, sit on several couches, fill out an order form, write a check, and wait six to twelve weeks for the sofa to be shipped to the store. Two-day shipping standards for packages is impacting consumer expectations of large format deliveries.

Shipping 164

Shipping Cost Reduction Strategies Logistics Network Optimization Software Supply Chain Design Software 164

GlobalTranz

JANUARY 21, 2019

We will turn over each stone and consider how innovative technology will shape the future of shipping and logistics. So, let us reflect on the peak shipping season trends we saw at the close of 2018 and how those trends will affect the industry now and throughout 2019. Actual costs could quickly rise above 33 percent.

Trends 152

Trends Shipping Purchasing Skills Supply Chain Software 152

Silvon Software

APRIL 1, 2024

Requests for custom reports or dashboards by business leaders are met with lengthy development times by IT or external analysts, resulting in single-use reports that are limited in scope. Strategic analytics, on the other hand, is often associated with reporting from an analytical data source like a data hub.

Procurement Analytics 59

Procurement Analytics Analytics Software Predictive Analytics Analytics 59

GlobalTranz

JULY 10, 2015

On June 23, 2015, the Council of Supply Chain Management Professionals ( CSCMP ) released the “State of Logistics Report,” which happens to be in its 26 th year. For members of the CSCMP , the cost of the report is free, but it stands out at $295.00 Managing Capacity. However, this same capacity could be measured at 96.8

Procurement Analytics 120

Procurement Analytics Report Logistics Cost Reduction Strategies 120

GlobalTranz

OCTOBER 2, 2018

The economy is strong, and trucking capacity is tight. Yet, as few as 33 percent of shippers have taken advantage of a transportation management system (TMS), reports Michael of Levans of Logistics Management. This is due to the higher rate of returns associated with e-commerce purchases. E-commerce is in the middle of a boom.

Logistics Network Optimization Software 198

Logistics Network Optimization Software Material Savings Vendor Strategies Cost Reduction Strategies 198

GlobalTranz

OCTOBER 16, 2018

E-commerce is growing faster than ever, and more consumers are leveraging online platforms in making purchasing decisions. In fact, two-thirds of consumer shopping journeys include internet research, reports McKinsey & Company , as well as word-of-mouth recommendations and past experiences.

Logistics Network Optimization Software 161

Logistics Network Optimization Software Inventory Management Software Analytics Software Supply Chain Software 161

Freightos

SEPTEMBER 8, 2020

Special thanks to Lars Jensen, CEO at Sea Intelligence Consulting and Zvi Schreiber, CEO of Freightos Group for their input and insights for this report. . Shipping containers are like scotch. . It’s hard to predict what demand will be like for products like these ahead of time. And it can be fixed. It starts back in 2008. .

Purchasing Skills 218

Purchasing Skills Price Reduction Freight Supply Chain Software 218

GlobalTranz

JANUARY 22, 2019

Technology allows shippers to work smarter, faster and with fewer human resources, and new technologies, such as drones and augmented reality, are continuing the process, reports Victoria Kickham of Logistics Brief. It is important to note that a difference exists between dropshipping and shipping direct-to-consumer.

Logistics Network Optimization Software 182

Logistics Network Optimization Software Analytics Software Demand Planning Software Trends 182

QAD

JULY 1, 2021

Here’s a formula to calculate your total direct materials costs: Beginning Inventory + Added Purchases – Ending Inventory = Total Direct Materials Costs. Direct labor is simply the costs associated with paying people to create the product. Where can I improve processes or purchasing to wisely cut costs or time?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Cost Reduction Strategies Purchasing Skills 98

Supply Chain Shaman

AUGUST 12, 2024

.” His narrative centers on the evolution of the global supply chain evolving with a focus on labor arbitration ignoring geographic distance and shipping issues. His belief is that the internet, container shipping, and global banking shrunk the supply chain. He recently wrote a book titled, “How the World Ran Out of Everything.”

Waste Reduction 195

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies 195

GlobalTranz

DECEMBER 18, 2014

All metal fabricators realize that they have to do some analyses before the company purchases equipmen t or hires new people, but now there seems to be a new intensity about the process. Custom fabricators have to cope with highly varying demand cycles from many different steel sales customers, and to do that effectively they need capacity.

Manufacturing Procurement 236

Manufacturing Procurement Manufacturing Purchasing Skills Sourcing Strategies 236

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Special thanks to Lars Jensen, CEO at Sea Intelligence Consulting and Zvi Schreiber, CEO of Freightos Group for their input and insights for this report. It’s hard to predict what demand will be like for products like these ahead of time. It took carriers months to adjust capacity to the new low-demand reality.

Purchasing Skills 217

Purchasing Skills Price Reduction Freight Supply Chain Software 217

ThroughPut

FEBRUARY 18, 2025

The Hidden Cost of Lost Uptime According to a Siemens report , in 2022 alone, unplanned downtime cost Fortune Global 500 companies $1.5 Lost Sales: A Preventable Loss of Potential Revenue Harvard Business Review reports that stockouts cost retailers $1 trillion yearly, with most purchases abandoned when items are unavailable.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Waste Reduction Cost Reduction Strategies 52