AIMMS

JUNE 25, 2019

When you finally have the analysis, everything’s changed, and the results are no longer relevant. The technology should also allow for model changes on the fly to help you adapt to changing business conditions. The post Overcoming the Top 5 Barriers for Supply Chain Network Design Adoption appeared first on AIMMS SC Blog.

Supply Chain Design Software 22

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 22

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

SYSPRO Smarter ERP

MAY 10, 2023

Below are some of the capabilities that enable machine learning models to produce reliable demand forecasting results despite the volatility that is rife in the supply chain. On the other hand, machine learning algorithms are automatically updated with new data and continuously retrain their models.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Modeling Software Modeling 98

FreightWaves SONAR

FEBRUARY 4, 2021

More money going out than is coming in is never a profitable business model. Where a supply chain is weak, analysis and advisory teams can fill in the gaps – seeing the correlations between data points and real-time load operations and profits highlights potential problem areas. The problem of deadheading in trucking.

Waste Reduction 98

Waste Reduction Data Expense Reduction Cost Reduction 98

FreightWaves SONAR

FEBRUARY 24, 2021

How are those who are very good at freight procurement also get really good at data analysis? How does the shared truckload model benefit shippers and carriers? The post [stackd] How Technology & Data are Creating New Freight Shipping Models appeared first on SONAR. What is the future of sustainable freight shipping?

Modeling Software 52

Modeling Software Modeling Data Cost Reduction 52

SYSPRO Smarter ERP

JANUARY 23, 2023

Because not all initiatives will succeed, a portfolio of initiatives must be managed, cutting and adding them over time as technologies advance, and new opportunities and business models arise. Rethink the operating model. ESG reporting and analysis Data is one of the most important requirements of an ESG program.

ERP 111

ERP Waste Reduction Optimal Sourcing Supply Chain Planning Software 111

AIMMS

MAY 6, 2019

If I were writing the article today , I would be advocating to break the link between forecasting and operational planning using a demand driven approach enabled by DDMRP (more on this in a su bsequent blog). T his approach also misses the opportunity and pow er of scenario modeling. . appeared first on AIMMS SC Blog.

Supply Chain Planning Software 111

Supply Chain Planning Software Scenario Planning Supply Chain Software Modeling Software 111

247 Customs Broker

JUNE 16, 2020

It’s only when you get the chance to take a few minutes and look back at the past three months of a global pandemic that… The post Editor's Blog: Can logistics change its business model to address the 'new normal'? – Logistics Manager Magazine appeared first on 24/7 Customs Broker News.

Blog 36

Blog Modeling Magazine Logistics 36

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

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

AIMMS

SEPTEMBER 17, 2019

Suddenly, the models we needed to support decision-making no longer fit. The maintenance contract we had covered support for bugs in the current model or issues with the software, but it didn’t cover building an entirely new model. We were dependent on the vendor’s consultants to make changes to our model.

Supply Chain Design Software 102

Supply Chain Design Software Modeling Software Supply Chain Software Supply Chain Design 102

SYSPRO Smarter ERP

NOVEMBER 8, 2021

Many of the current (pre-Covid) business models focused on partnering with suppliers and “make them part of your business” because the closer they are to the business the better they can understand the issues and respond. Unfortunately, that model is unlikely to ensure continuous supply to the business in these new times.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 116

Logistics Viewpoints

SEPTEMBER 19, 2023

It is critical that supply chain design tools model real world complexity to effectively model the risks. There might be millions of possible combinations for adding lanes, changing modes, or consolidating volume, making it difficult for modelers to identify which scenarios will provide the highest cost savings.

Supply Chain Design Software 119

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

Ship Monk

FEBRUARY 9, 2024

Accurate data forecasting requires accurate data, robust data analysis tools, and people who understand how to use them. It can be used to predict long-term trends or short-term (seasonal) demand, depending on the model you use. As the old “garbage in, garbage out” adage warns, your forecast is only as accurate as the data you input.

eCommerce 105

eCommerce Operations Inventory Reduction Modeling Software 105

GlobalTranz

APRIL 6, 2015

Editor’s Note: This blog post is from SupplyChainOpz. Monitoring and analysis of this data may provide opportunities to intervene before issues becomes major problems. Analysis and optimization of complexity requires a complete understanding of market volatility, fragmented customer segments, globalization, and sustainability.

Optimal Sourcing 118

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 118

Logistics Viewpoints

DECEMBER 14, 2023

Organizations must take the following steps to bring departments together to create truly resilient and sustainable supply chains: Leverage external data to sense market shifts Look to external causal factors and forecasting models to identify market shifts. Summary Table Step Action 1.

Supply Chain Design Software 130

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

AIMMS

JULY 15, 2019

The extensively used National Energy Model is just one of them. . The post Sales & Operations Planning Is Changing At An Accelerated Pace appeared first on AIMMS SC Blog. We feel fortunate that the market is moving towards us in this regard. A focus on Digital Twins .

Supply Chain Planning Software 107

Supply Chain Planning Software Scenario Planning Modeling Software Gartner 107

AIMMS

AUGUST 3, 2020

Scenarios also allow organizations to model how they can ‘bridge the gap’ between their current position and their strategic plan, identifying the actions required to deliver opportunities and mitigate any vulnerabilities. The post Leveraging Scenario Planning for S&OP Decision Support appeared first on AIMMS SC Blog.

Scenario Planning 159

Scenario Planning Supply Chain Planning Software AIMMS Gartner 159

3PL Links

NOVEMBER 19, 2024

It is a model that is still very common in small companies, which only need support in the transactional phase. Data analysis and application of artificial intelligence are some examples of practices expected at this level of logistics outsourcing. It is more common in giant companies with a large capacity and breadth.

4PL 62

4PL Optimal Sourcing 3PL Sourcing Strategies 62

Carter Logistics

SEPTEMBER 5, 2018

Blog Topics. De-cluttering your workplace and creating more fluid lines of communication and product movement are benefits that you will see when this continuous stream of information is implemented through analysis. The Shared Milkrun Mexico & Border Logistics. How to Get the Most ROI from Supply Chain Logistics.

Supply Chains 111

Supply Chains How To Logistics Waste 111

Logistics Bureau

MAY 31, 2021

Detailed cost-to-serve analysis can be complex and time-consuming, so it’s a good idea to break the task down by priority and target specific areas on which to concentrate. You will probably find, from your initial analysis, that your cost-to-serve follows the 80/20 rule. Why Modeling Makes Sense. Don’t Drown in Complexity.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

SYSPRO Smarter ERP

JUNE 9, 2022

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. For instance, it’s common for an organization to have key data stored in many disconnected silos.

Supply Chain Planning Software 98

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

Carter Logistics

JANUARY 28, 2019

Blog Topics. Today’s shipping model, largely impacted by the “Amazon Effect ”, requires faster turnaround for product delivery and demands rapid response to customer needs. Despite all the benefits, however, a near-sourcing strategy should not be adopted without a close analysis of your supply chain.

Sourcing Strategies 101

Sourcing Strategies Manufacturing Procurement Sourcing Resource Reduction 101

Log-hub

NOVEMBER 22, 2023

In this blog post, we will explore the highly effective ABCD Analysis technique for warehouse optimization with its pitfalls and how organizations can leverage their data to implement this strategy successfully based on Log-hubs experience over the last years.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Log-hub

NOVEMBER 22, 2023

In this blog post, we will explore the highly effective ABCD Analysis technique for warehouse optimization with its pitfalls and how organizations can leverage their data to implement this strategy successfully based on Log-hubs experience over the last years.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Log-hub

NOVEMBER 22, 2023

7 min read Maximizing Warehouse Efficiency: Unleashing the Potential of ABCD Analysis In the dynamic world of supply chain management, optimizing warehouse operations has become an indispensable factor for businesses. One of the most powerful tools employed in this endeavor is the ABCD Analysis.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

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

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. When forecasting seasonal products, automatic classification and lifecycle modeling address different types of demand patterns by product.

Scenario Planning 126

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

SYSPRO Smarter ERP

FEBRUARY 23, 2022

For manufacturers looking at the potential of the Equipment-as-a-Service business model, they need an ERP system that comprises all the functions needed to deliver this service (e.g., The consumer healthcare industry is using data to upend the traditional reactive business model to a more proactive one based on the consumer.

Manufacturing Procurement 105

Manufacturing Procurement ERP Supply Chain Design Software Supply Chain Planning Software 105

Logistics at MPEPS at UPV

MAY 2, 2023

This blog post delves into the intricacies of logistics in small and medium-sized enterprises (SMEs) and startups, highlighting their unique challenges and opportunities. Business models for the sharing economy: Opportunities and challenges. The State of Supply Chain Digitalization: A Deep Dive into SMEs and Startups. Kshetri, N.

Supply Chain Software 52

Supply Chain Software Supply Chains Analysis Logistics Network Optimization Software 52

247 Customs Broker

FEBRUARY 11, 2020

I think it’s time the logistics sector acknowledged it has a gender problem… Always looking ahead, in the second quarter of this year I’ll start… The post Editor's Blog: Logistics lacks female role models. and that's not good enough – Logistics Manager Magazine appeared first on 24/7 Customs Broker News.

Blog 28

Blog Modeling Magazine Logistics 28

SYSPRO Smarter ERP

SEPTEMBER 16, 2021

The internal processes are streamlined, resulting in a highly productive working model. Integrating data with ERP systems can help in the collection, processing, and analysis of structured and unstructured data generated by businesses. The post Technology innovations shaping the future of ERP appeared first on SYSPRO Blog.

Modeling Software 105

Modeling Software ERP Expense Reduction Cost Reduction 105

EazyStock

OCTOBER 20, 2020

There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. It’s critical to invest time (and money if required) in setting up advanced inventory forecasting models that produce accurate demand forecasts. Read our blog on demand forecasting accuracy for more details.

Inventory Reduction 98

Inventory Reduction Optimization Software Inventory Optimization Modeling 98

Ship Monk

JUNE 16, 2021

If you’ve been itching to pick up the pace, you’ve stumbled upon the right blog post. Basically, it’s in our nature to adapt to the behavior modeled by others under the assumption that their thoughts and actions are correct. Run a Competitive Analysis. Subscribe to our blog newsletter ! Ready, set, go! #1. Let us know !

eCommerce 91

eCommerce Inventory Reduction How To After-sales 91

SYSPRO Smarter ERP

JUNE 14, 2022

The pandemic also opened the door for new competitors, an increased need for predictive data, and a need for new customer-centric business intelligence models. Many manufacturing companies still rely on Excel for all sorts of tasks including scheduling, inventory management and data analysis.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Software Modeling Software ERP 105

3PL Links

DECEMBER 17, 2024

This moment goes beyond analysis and reflection; it is the right opportunity to redefine strategies and outline new plans that not only drive results but also guarantee a prominent place in the market.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Trends Logistics Network Optimization Software 62

SYSPRO Smarter ERP

MARCH 27, 2023

Instead of the old vertically integrated business models (where one manufacturer performed most activities), international supply chains using specialized suppliers led to lower costs of production and services, improved quality, and better pricing. It also coincided with the growth of the Internet and telecommunications technology.

Manufacturing Procurement 104

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 104