Material Handling and Logistics

JANUARY 8, 2018

To look at what risks will affect the supply chain in 2018, Rob Savitsky of AIR Worldwide ( a member of the MIT Center for Transportation & Logistics Supply Chain Exchange program), wrote a blog for MIT discussing three broad categories of supply chain risk. Savitsky points to the example of a potential disruption that was averted.

Supply Chains 142

Supply Chains Cost Reduction Examples Events 142

Logistics Bureau

JANUARY 3, 2025

If youve followed our blog over the years, youll know that weve shared lots of information about distribution network design, why its vital to get it right, how long it should take, the importance of reviewing the network every so often, and various elements of design such as determining the number of warehouses and where to locate them.

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Design Distribution Networks 75

SYSPRO Smarter ERP

APRIL 8, 2025

Industrial engineers have used heuristics-based rules, what-if analysis, and physics-based simulation to get predictive and prescriptive insights for several years. Choose a business case that has a narrow scope, for example, demand forecasting. In order to ensure a greater chance of success, companies need to do three things.

ERP 62

ERP Supply Chain Design Software Modeling Software Optimization Software 62

Logistics Bureau

DECEMBER 22, 2024

A KPI is a practical and objective measurement of progress, either: Towards a predetermined goal, or Against a required standard of performance It might help to think of a KPI as something like an instrument on a car dashboarda speedometer, for example. Why Are KPIs Important?

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

Dedola Global Logistics

JANUARY 14, 2023

Transloading: A Comprehensive Guide With Client Examples Transloading is a process that involves transferring cargo from one mode of transportation to another during the shipping process. We conducted a cost analysis of truck vs. rail shipping from Long Beach to Chicago. This could have had a significant impact on their profits.

Examples 52

Examples Cost Reduction Expense Reduction Inventory Reduction 52

EazyStock

JUNE 18, 2019

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

Analysis 51

Analysis Inventory Reduction Inventory Procurement Solutions 51

Log-hub

FEBRUARY 12, 2025

In our previous blog, we explored how matrices enhance supply chain efficiency, from inventory management to logistics. The Future of Matrix-Based Optimization The Future of Matrix-Based Optimization AI and machine learning (ML) take matrix-based analysis to new heights. Now, were taking it a step further.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimal Sourcing 52

AIMMS

FEBRUARY 26, 2020

Network Design tools that are fueled by powerful mathematical optimization in the back end, and intuitive scenario analysis capabilities at the front, empower supply chain professionals with the ability to create flexible plans and expose hidden risks in their network. Let’s explore some example s. . – Tweet this.

Supply Chain Planning Software 146

Supply Chain Planning Software Supply Chain Design Software Scenario Planning Supply Chain Software 146

EazyStock

JANUARY 31, 2022

Inventory Management KPIs for Effective Inventory Analysis. But with a wealth of inventory KPIs available to choose from to include in your inventory analysis methods, which ones are the most important to ensure you’re on the right track to optimum efficiency? Managing inventory is a complex business. Inventory turnover ratio.

Inventory Reduction 52

Inventory Reduction Inventory Analysis Optimization Software 52

GlobalTranz

JANUARY 16, 2017

Modern supply chains are evolving beyond anyone’s expectations due to increased use of cloud-computing technologies, wearables and advanced data analysis. Data Analysis Grew Exponentially, Providing More End-to-End Visibility and Continuous Improvement. Data analysis is the companion of cloud-computing technologies.

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Software Supply Chain Design Analysis 59

SYSPRO Smarter ERP

OCTOBER 20, 2021

The second step will be to convert all critical business data produced going forward that requires analysis to be collected going forward. In the factory environment, one example is the digitization of records for a more efficient method of record keeping, thereby improving the batch traceability process.

Digital 133

Digital Factories Supply Chain Planning Software Supply Chain Software 133

Logistics Bureau

MAY 31, 2021

For example: Compared to selling a product in-store, the cost to deliver that same item as a small parcel can be several times higher. The above examples reflect costs that include picking, packing, and last-mile delivery. The list above is not exhaustive but merely provides some notable examples of cost drivers.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

AIMMS

AUGUST 3, 2020

These are just two among many examples of how scenario planning can bolster S&OP decision making. The post Leveraging Scenario Planning for S&OP Decision Support appeared first on AIMMS SC Blog. These channels might not be able to adapt as quickly to volatile shifts in demand.

Scenario Planning 159

Scenario Planning Supply Chain Planning Software AIMMS Gartner 159

3PL Links

DECEMBER 3, 2023

Predictive Analysis in Logistics and Supply Chain: How to Apply | Image source: Pexels In logistics, predictive analysis is simply the process of identifying and forecasting patterns, trends, and behaviors in both human and machine learning approaches, data, and algorithms. This ratio increased to 54% in 2022.

Supply Chain Planning Software 48

Supply Chain Planning Software Optimal Sourcing Analysis Supply Chain Software 48

Freightos

NOVEMBER 21, 2023

Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. America weekly prices increased 9% to $2.00/kg.

Negotiating Skills 127

Negotiating Skills Optimal Sourcing Price Reduction Demo 127

GlobalTranz

JULY 28, 2021

For instance, managed transportation includes value-added logistics capabilities, including: Logistics consulting and analysis to understand current needs, costs, savings opportunities by mode, benchmarking and implementation or training of new systems. Transportation optimization can occur at a network level and an execution level.

Optimal Sourcing 126

Optimal Sourcing Optimization Software Optimization Supply Chain Design Software 126

Blue Grace Logistics

AUGUST 3, 2021

What This Blog Is About: How to build a mutually beneficial relationship based on trust & credibility with your suppliers. The importance of setting the tone of the relationship and being an example of what you expect. Making decisions to benefit a company must be a process of analysis and planning.

Maintainability 118

Maintainability Price Reduction Purchasing Skills Resource Reduction 118

3PL Links

NOVEMBER 19, 2024

Data analysis and application of artificial intelligence are some examples of practices expected at this level of logistics outsourcing. The company hands over the entire operation to this operator, expecting continuous optimization of the process, based on a technological vision.

4PL 62

4PL Optimal Sourcing 3PL Sourcing Strategies 62

Logistics Viewpoints

APRIL 4, 2024

In this blog, I will discuss the use of AI/ML demand planning for fresh products to help maximize sales and reduce waste. Another example of data normalization is accounting for lost sales due to stockouts or waste of perishable products due to overstocking of inventory. Wouldn’t it be cool to know within minutes?

Scenario Planning 126

Scenario Planning Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 126

EazyStock

JUNE 18, 2019

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

Analysis 40

Analysis Inventory Reduction Inventory Procurement Solutions 40

WorkWave

MAY 8, 2024

This blog post will explore what telematics is, why it’s crucial for last-mile delivery and the vital role it plays when combined with route optimization platforms. The data collected over time allows for trend analysis, enabling continuous route optimization for improved efficiency. That’s where telematics comes in.

Optimization Software 105

Optimization Software Optimization Data Vendor Strategies 105

SYSPRO Smarter ERP

JUNE 9, 2022

Here’s an example. The BI tool needs to be able to easily pull all this data together for analysis. Bringing in additional outside data sources can make analysis even more powerful by enabling one to look at a question from a more holistic point of view. ERP and business intelligence.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Software 98

Logistics Viewpoints

SEPTEMBER 19, 2023

The bullwhip effect is one example of this disruptive effect, when small changes in demand cause huge demand spikes downstream. Table 1 describes a few examples of these types of risks. Examples of disruptive risks are suppliers going out of business or shipwrecks that result in the loss of cargo containers.

Supply Chain Design Software 119

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 119

EazyStock

OCTOBER 20, 2020

There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. Read our blog on demand forecasting accuracy for more details. ABC analysis is a good inventory control technique to segment your warehouse stock based on the value it brings to the company.

Inventory Reduction 98

Inventory Reduction Optimization Software Inventory Optimization Modeling 98

AIMMS

NOVEMBER 2, 2020

This can result in different teams using different data formats, diverging results from data analysis, and hence poorly aligned decision making. Let’s take the example of a large fiber manufacturer. Take our quiz for chemical companies and find ways to improve appeared first on AIMMS SC Blog. S&OP Maturity Matrix.

Supply Chain Planning Software 127

Supply Chain Planning Software Purchasing Skills Cost Reduction Optimal Sourcing 127

Logistics Viewpoints

DECEMBER 14, 2023

Doing so helps organizations detect market shifts and makes supply chain decisions more forward-looking than an analysis of the past, present, and at best, a tactical view of the future. Designing vehicle routes that explicitly optimize transportation routes with carbon footprint considerations is another example.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Optimal Sourcing 130

GlobalTranz

SEPTEMBER 28, 2016

Editor's Note: Today's blog is by Dr. Muddassir Ahmed of muddassirism.com. In this blog he provides a simple reference guide to better yourself as a supply chain leader. Here are few examples which I used: Focus Supplier improvement results (DPPM and/or OTD with min. How to Track Performance. 50% improvement) min.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 89

Freightos

JUNE 4, 2024

Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged.

Logistics Network Optimization Software 118

Logistics Network Optimization Software Data Capacity Freight 118

GlobalTranz

SEPTEMBER 15, 2016

Editor's Note: This is a guest blog from our friend Greg Braun from C3 Solutions. In this blog, Greg discusses the real cost of inaction when you dont adopt new supply chain technology. And do the cost-benefit analysis. BDC blog, https://www.bdc.ca/en/blog/pages/technology_opportunity_not_be_missed.aspx.

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Software Supply Chain Technology Supply Chains 91

GlobalTranz

APRIL 23, 2015

Editor’s Note: This post is a continuation of an ongoing collaborative blog series with Spendrix, a company who was made for procurement teams of all sizes and we currently serve customers in Manufacturing, Oil & Gas, Construction, Logistics, and the Food & Beverage industries. 3 Ways to Spot Supplier Risk in Communication.

Manufacturing Procurement 97

Manufacturing Procurement Cost Reduction Supply Chain Software Optimal Sourcing 97

Freightos

NOVEMBER 7, 2023

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. America weekly prices increased 2% to $1.82/kg.

Negotiating Skills 133

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 133

Logistics Viewpoints

JUNE 4, 2024

It serves as a compelling example of how retailers must reassess their inventory strategies to adapt to rapidly shifting market demands driven by trends. In this blog, I will explore the use of AI/ML inventory planning for fresh products to optimize sales while minimizing waste and stockouts.

Inventory Reduction 121

Inventory Reduction Supply Chain Planning Software Inventory Waste Reduction 121

AIMMS

JULY 15, 2019

A great example of this is one of our customers, a Europ ean chemical company with $300M in annual revenue who is growing fast and was ready to move from spreadsheets to something more robust. The post Sales & Operations Planning Is Changing At An Accelerated Pace appeared first on AIMMS SC Blog.

Supply Chain Planning Software 107

Supply Chain Planning Software Scenario Planning Modeling Software Gartner 107

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. In procurement, cost analysis is not just about the price of your company’s purchases. 7 Procurement KPIs You Should be Using. Supplier Defect Rate.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

SYSPRO Smarter ERP

OCTOBER 25, 2021

To compete in this constantly changing market, manufacturers and distributors need more digital-driven services such as real-time production, tracking, and analysis. IoT and automatic data collection: The traditional factory can move away from recording production time on isolated applications or paper which gives an inaccurate analysis.

Factories 105

Factories Supply Chain Planning Software Supply Chain Software Optimization Software 105

SYSPRO Smarter ERP

MARCH 20, 2024

By streamlining and accelerating data collection and analysis, you get the insights you need for effective decision-making. The post How to Improve your Manufacturing Processes with Business Intelligence appeared first on SYSPRO Blog. Pre-built analytics allow even non-tech savvy users to get crucial business intelligence fast.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Expense Reduction Cost Reduction 105

Freightos

MAY 1, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. America weekly prices increased 1% to $1.81/kg.

Data 118

Data Logistics Network Optimization Software Freight Cargo 118