Freightos

SEPTEMBER 17, 2024

What struck me the most was when an actual AI scientist at the conference told me that, when he looked around, all he saw were hundreds of companies poised to waste a lot of money applying AI solutions to problems they didn’t actually have. It’s already clear that, once the dust settles, many amazing AI solutions will emerge.

Logistics Network Optimization Software 294

Logistics Network Optimization Software Supply Chain Software Los Angeles Supply Chain Design Software 294

Logistics Viewpoints

FEBRUARY 17, 2022

Recently, my team members and I worked on a project with a well-known retailer facing challenges in the e-commerce area of its distribution center – and here was the question at hand: ‘Would replacing the WMS be the best solution?’. Supply chain planning tools. Solutions for increased expectations in security and service levels.

Optimization Software 231

Optimization Software Supply Chain Design Software Price Mitigation Strategies Supply Chain Planning Software 231

Logistics Viewpoints

DECEMBER 6, 2022

The continued growth in e-commerce retail sales has been largely driven by factors such as convenience, product selection and lower prices. However, the inability for consumers to initially see, feel or experience products they purchase online can create gaps between product expectations and what arrives at the doorstep. In the U.S,

Reverse Logistics 251

Reverse Logistics Purchasing Skills Price Reduction Logistics Network Optimization Software 251

My Office Apps

DECEMBER 7, 2023

Boost Your Business Profits with Efficient Procurement and Inventory Management Software Are you searching for ways to enhance your business’s profitability? One area with significant potential for improvement is procurement. You can evaluate supplier performance based on on-time delivery, quality of goods, and pricing.

Inventory Reduction 105

Inventory Reduction Inventory Management Software Cost Reduction Strategies Optimal Sourcing 105

Supply Chain Shaman

JANUARY 21, 2014

Let’s start with these: Demand Sensing: The reduction of time to sense purchase and channel takeaway. Demand sensing is a process, automated by technology, that reduces demand latency. For the purchase of Tide at Walmart to translate to an order at P&G, the time is 5-7 days. Independent Demand. Dependent Demand.

Supply and Demand 327

Supply and Demand Modeling Demand Planning Software Forecasting 327

Logistics Viewpoints

DECEMBER 18, 2024

The transition to renewable energy and the adoption of sustainable practices are now essential for reducing environmental impact, ensuring regulatory compliance, and maintaining competitiveness. Reducing dependency on fossil fuels can mitigate these risks and improve operational predictability.

Optimal Sourcing 143

Optimal Sourcing Material Savings Supply Chain Design Software Supply Chain Planning Software 143

Logistics Viewpoints

MAY 3, 2022

But it’s important to remember that while customers want their purchases fast, sometimes even the next day, many care about the environmental impact of that delivery as well. We found three key strategies that could serve as a blueprint for other supply chains: Rethink Packaging. Rethink Partnerships. Rethink Process.

Waste Reduction 224

Waste Reduction Sustainability Vendor Strategies Supply Chain Design Software 224

Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. They are more likely to shop for discounts and sales and may delay purchases of some items.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 223

ivalua

OCTOBER 8, 2021

During the pandemic, Procurement flexed its muscle, helping to mitigate supply chain disruptions and enable new channels for engaging with customers and fulfilling orders. Here are four ways leading Procurement organizations can influence retail recovery in 2021 and beyond: 1. Decentralize Procurement. Rethink What’s Normal.

Optimal Sourcing 130

Optimal Sourcing Material Savings Procurement Analytics Procurement Solutions 130

Precoro

OCTOBER 24, 2022

Procurement is a complex and dynamic process involving strategic planning and several stages of execution, from sourcing to paying and reporting. Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole. Lack of Transparency.

Procurement Solutions 81

Procurement Solutions Procurement Analytics Analytics Software Sourcing Strategies 81

Freightos

OCTOBER 26, 2020

Oil prices tanked, cancellations increased and Maersk drilling and supply chain services would run up nearly $2 billion dollars in annual losses. So three months after an executive meeting on June 23rd , an updated strategy was released, tracking a radical shift into a slimmer Maersk, focused on providing end-to-end logistics services.

Logistics Network Optimization Software 312

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Price Reduction 312

Logistics Viewpoints

JUNE 23, 2022

E-commerce continues to grow yearly and it’s estimated that it will make up 30% of retail purchasing by 2024. Utilizing software platforms to increase efficiency in the last mile can help drive profits while also positively impacting consumer experience. How can a digital last-mile solution help retailers?

Logistics Network Optimization Software 236

Logistics Network Optimization Software Supply Chain Network Software Optimization Software Pricing Training 236

Logistics Viewpoints

FEBRUARY 1, 2021

Their convenience stores – whose average footprint is 250 square meters – offer everyday low prices; customers don’t have to pay a premium for convenience. This has proven to be a successful strategy for Lidl and Aldi as well. To support this massive speed, we needed a solid replenishment solution in place.”

Supply Chain Planning Software 257

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Retail 257

GlobalTranz

SEPTEMBER 12, 2016

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. Although procurement logistics might sound like it involves the purchasing of manufactured products , it is much more involved. The Definition of Procurement Logistics.

Manufacturing Procurement 120

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 120

Precoro

JULY 29, 2024

Procurement operations are no exception. In fact, 43% of GPOs that took part in the 2023 Global Chief Procurement Officer Survey cited overall procurement risk had increased significantly as compared to 20% in the 2021 study. Keep reading to learn: What is an online procurement system? Let’s break them down.

Procurement Solutions 83

Procurement Solutions Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 83

The Logistics & Supply Chain Management Society

MAY 28, 2022

At the COP26 climate conference in 2021, more than 1,000 companies committed to adopt targets to reduce emissions in line with the Paris Agreement goals. A report also found that a fifth of the 2,000 largest publicly-listed companies in the world have pledged to pursue a net-zero strategy. Cache Logistics Trust, Singapore.

Sustainability 246

Sustainability Singapore Cost Reduction Strategies Vendor Strategies 246

The Logistics & Supply Chain Management Society

MARCH 21, 2023

Why Multi-Carrier Parcel Shipping Strategies Are Winning in 2022 by Lindsay Schuemann , Marketing Manager at Enveyo Two years. We’ve had many ups and downs since March of 2020, but one up that has continued its upward trend, is e-commerce purchase volume. . Your carrier strategy is the area that needs focus in 2022.

Cost Reduction Strategies 130

Cost Reduction Strategies Price Reduction Sourcing Strategies Price Mitigation Strategies 130

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

AUGUST 22, 2022

To cut the inventory, the company has slashed prices on overstocked items. LIFO matches the rising price to acquire inventory against revenues. In times of high inflation, LIFO alleviates the “inventory profit” that would result if old inventory, purchased at a lower price, was used to calculate profits.

Supply Chain Planning Software 218

Supply Chain Planning Software Supply Chain Software Supply Chain Optimization Supply Chain Planning 218

Supply Chain Game Changer

JULY 7, 2021

You Need A Blue Ocean Strategy! Amazon Supply Chain strategies article and permission to publish here provided by Jae Jun. Amazon Supply Chain Strategies. Robots are the future of automation and Amazon is on top of it with their purchase of Kiva. Automation is just one of the many Amazon Supply Chain strategies.

Inventory Reduction 100

Inventory Reduction Price Reduction Cost Reduction Strategies Supply Chain Strategy 100

Logistics Viewpoints

APRIL 5, 2021

Craft food products usually have unique flavors and are sell at a premium price. The company has about 200 of their own coffee shops; Peet’s also sells coffee bags and K-cup packages through 15,000 warehouse clubs, grocery, and convenience stores nationwide. They roast all their coffee in a roast-to-order production process.

Supply Chain Planning Software 234

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Supply Chain Software 234

Logility

OCTOBER 6, 2023

Integrations include cloud ERP systems, data warehouse solutions, or big data systems – such as Microsoft Azure Synapse and Snowflake – or can be driven by events or web services that make the platform more responsive. Cost savings – a cloud platform reduces the need for you to invest in hardware, infrastructure, and maintenance.

Supply Chain Planning Software 192

Supply Chain Planning Software Modeling Software Supply Chain Network Software Optimization Software 192

Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. How often do purchases happen?

Manufacturing Procurement 80

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 80

Logistics Viewpoints

OCTOBER 12, 2023

Lower-income consumers and those using food assistance programs care the most about food waste as a purchase driver—again, suggesting it is a response to higher prices.” There were design principles used as the solution was built: Any design element must enable an improvement in freshness (shelf life) that the customer would receive.

Supply Chain Design Software 267

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Planning 267

Logistics Viewpoints

OCTOBER 6, 2022

Product and price are no longer the only considerations to winning sales and delighting consumers. Delivery has taken center stage as a key factor that consumers evaluate when deciding where to purchase their online goods. Product and price are no longer the only considerations to winning sales and delighting consumers.

Procurement Solutions 180

Procurement Solutions Expense Reduction Purchasing Skills Manufacturing Procurement 180

GlobalTranz

DECEMBER 29, 2014

Some logistics involves transportation or warehouses or both. It is evident, the two most popular themes around logistics in 2014 based on these page views have to deal with Reverse Logistics , e-commerce , and information around the warehouse. We thank all of our readers who have read our posts. Read the full Post. Read the full Post.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

QAD

JULY 21, 2022

Price fluctuations and discounts resulting in increased purchases. Decades of just-in-time manufacturing have sought to eliminate as much supply chain inefficiency as possible, by tightly matching replenishment to demand. Brittle supply chains need specific solutions to gain agility, efficiency and resilience.

Price Reduction 98

Price Reduction Inventory Reduction Cost Reduction Strategies Optimal Sourcing 98

GlobalTranz

OCTOBER 2, 2018

As e-commerce continues to expand, shippers must adapt to the changing needs of consumers and accommodate returns rates of up to 400-percent than that of traditional, brick-and-mortar purchases. This is due to the higher rate of returns associated with e-commerce purchases. Get E-Commerce solutions. LEARN MORE.

Logistics Network Optimization Software 198

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

RFgen

JUNE 30, 2023

Prioritizing technology solutions in today’s digital environment is a necessity. The businesses of tomorrow need technology solutions that give real-time information in order to make key business decisions when it comes to inventory. It’s also critical to your inventory management strategy.

Inventory Management Software 82

Inventory Management Software Supply Chain Planning Software Optimization Software Forecasting Software 82

Unleashed

JANUARY 25, 2023

In these tricky times, smart cash flow management strategies are essential to bring down costs (or push profits) in controllable areas, offsetting international instability. This is achieved through the implementation and continued improvement of cash flow management strategies. To improve cash flow, process optimisation is necessary.

Material Savings 98

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 98

Logistics Viewpoints

FEBRUARY 3, 2023

The company’s purchases continue to add new wind and solar projects on the grids that power operations, including Amazon Web Services (AWS) data centers, Amazon fulfillment centers, and physical stores around the world. In 2021, the company eliminated a prior offer of free delivery for Whole Foods Market shoppers, tacking on a $9.95

Logistics Network Optimization Software 216

Logistics Network Optimization Software Negotiating Skills Purchasing Skills Supply Chain Planning Software 216

The Logistics of Logistics

MAY 12, 2021

Guy Courtin is Vice President and Industry Principal of Retail at Tecsys, a global provider of supply chain solutions that equip the borderless enterprise for growth. Guy Courtin is Vice President and Industry Principal and Retail at Tecsys , a global provider of supply chain solutions that equip the borderless enterprise for growth.

Retail 245

Retail Logistics Network Optimization Software Supply Chain Software Procurement Solutions 245

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process.

Procurement Analytics 19

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 19

RFgen

DECEMBER 4, 2024

Supply chain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times.

Sourcing Strategies 60

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 60

Logistics Bureau

OCTOBER 11, 2024

Procurement has never played such an important role in the increasingly globalised economy. Has procurement fundamentally changed itself in the past 10 years? Strategic Procurement can mean totally different things in different industries and sectors. The time when Procurement was almost a synonym to Purchasing has long gone.

Manufacturing Procurement 97

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 97

Logistics Bureau

AUGUST 2, 2021

On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance. To answer some of those inquiries, we decided to release the following brief overview of what we believe to be the most helpful procurement KPIs. Supplier Lead Time.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

ToolsGroup

JUNE 27, 2022

In this article, we’ll break down what vertical integration is, its benefits and disadvantages, its application in supply chain, and the factors to consider when deciding whether it’s the correct strategy for your company. Necessity of Supply Chain Planning Software in Vertical Integration. Eliminating Hold-Ups.

Price Reduction 156

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