Logistics Viewpoints

MARCH 1, 2021

Once the analysis was done for Year One set up, Year Two was pretty much the same. The tool was able to create a model going out multiple years. There was no need to change parameters or re-run models in any subsequent years. River Logic came back with a working and validated model in less than one week.

Supply Chain Design Software 107

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 107

Logistics Viewpoints

FEBRUARY 28, 2022

In the course of updating our annual research on the supply chain planning market , I talked to executives across the industry. In process industries the supply chain models used for optimization are much more complex than those used in other industries. So, models for heavy process industries often include first principle parameters.

Supply Chain Planning Software 141

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 141

Logistics Bureau

NOVEMBER 14, 2018

Too much leads to resources being monopolised on gathering tons of data and a subsequent risk of “paralysis by analysis” Cost to Serve (CTS) is an approach that helps you avoid both extremes. It can of course also be used to make an already profitable relationship even more profitable! This sounds like common sense.

Purchasing Skills 93

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 93

Logistics Bureau

DECEMBER 6, 2024

’ Companies like Sears, Dell, and Zappos are often pointed to as models to follow for reverse logistics. Hidden Opportunities for Supply Chain Cost Reductions Of course hidden costs, if you can find them, mean hidden opportunities. Much depends upon the nature of your supply chain operation of course.

Reverse logistics 74

Reverse logistics Cost Reduction Vendor Strategies Inventory Reduction 74

ShipLilly

NOVEMBER 1, 2021

A logistical analysis and important tips for businesses. Is your business model struggling with stock space and capacity? Of course, there are those who have an aggressive business strategy right from the outset. The key determinant of when and how you start outsourcing is a detailed cost-benefit analysis.

Outsourcing 98

Outsourcing Price Reduction Cost Reduction Resource Reduction 98

FLS Transport

MARCH 18, 2021

Owner-operator model under assault in CA and Congress. Now the owner-operator model is under assault again. These laws would classify workers as an “employee” of the company unless that worker performs a service “outside the usual course of the business of the employer.” The Top 7 Stories in Freight. Get the full details here.

Freight 98

Freight Price Reduction Inventory Reduction Cost Reduction 98

Ship Monk

FEBRUARY 9, 2024

Accurate data forecasting requires accurate data, robust data analysis tools, and people who understand how to use them. Of course, the more data you need and the more sophisticated your methods are, the more expensive demand forecasting becomes.

eCommerce 105

eCommerce Operations Inventory Reduction Modeling Software 105

Logistics Bureau

APRIL 12, 2021

But let’s wind the clock back a bit and look at some of the simple ways that network design can work before focusing on the more complex models. For that reason, companies will usually establish one warehouse on the east coast and another on the west coast, depending, of course, on the service offer. Spreadsheet Models.

Supply Chain Design Software 85

Supply Chain Design Software Supply Chain Design Distribution Networks 85

AIMMS

JULY 15, 2019

When they had a production issue at one of their plants, they were able to quickly simulate the impact of the problem on their volume and EBITDA and decide on the best course of action. The extensively used National Energy Model is just one of them. . Analytics will play an increasingly important role in S&OP .

Supply Chain Planning Software 107

Supply Chain Planning Software Scenario Planning Modeling Software Gartner 107

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.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

IoT World Today

MAY 21, 2020

Supply chains will survive COVID-19, of course, but not without interim pain and structural change. But those new sourcing strategies must be informed by an accurate data platform that can conduct risk analysis. Companies can weigh risks based on multifactor analysis and act on data nearly in real time.

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 145

Logistics Bureau

OCTOBER 9, 2023

Quality and Detail of Data and its Analysis In some of our earlier posts, we’ve stressed the importance of simplicity in distribution network design , and we will return to that topic later in this article. It’s not a short list, so we’ll set it down here as a summary to help you with plans for analysis.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Design Distribution Networks 98

Logistics Bureau

FEBRUARY 7, 2022

Of course, a lack of support from universities means that there are no locally produced supply chain professionals. However, I think the only way to make meaningful progress in these geographies is, of course, to have local talent there all the time helping to solve these problems. Kenya is a big exception.

Supply Chains 98

Supply Chains Course Manufacturing Procurement Video 98

Logistics Viewpoints

MARCH 21, 2021

The skills enhancement program, dubbed Strategic Capabilities Planning, will include a mix of internally supply chain programs, systems education and external APICS courses – APICS is now part of the Association for Supply Chain Management. Coupa has developed a supply chain design maturity model.

Supply Chain Planning Software 127

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 127

Logistics Viewpoints

NOVEMBER 11, 2021

Having inventory in the best location for picking will enable an efficient service model. Do a root cause analysis and correct the reason that drove the need to urgently replenish stock. Analysis will help resolve the need for unplanned activity in the future. Both need to be executed efficiently and without error.

Inventory Reduction 113

Inventory Reduction Inventory Cost Reduction Material Savings 113

Blue Grace Logistics

JULY 27, 2021

Approaching a demand analysis with historical data and seasonal variations is no longer competent. Brand identity, interactive marketing campaigns and differential lifestyles complicate a perfect trend analysis model. Every step of the way can use predictive analysis. billion by 2022.

Procurement Analytics 62

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

GlobalTranz

SEPTEMBER 8, 2017

In the course of operation, the business is exposed at multiple points across its stages of supply chain. The result will enable companies to have a fully modeled network that helps you deal with disruptions in the supply chain, even anticipate them. Proper research and analysis.

Supply Chain Software 83

Supply Chain Software Supply Chains Digital Waste Reduction 83

SYSPRO Smarter ERP

JANUARY 19, 2022

The fundamental problem is that many organizations caught up in this situation are using business models which were already out of date before the pandemic. The supply chain of the future will not use the business models which are currently in place. How can businesses create the supply chain of the future? The benefits of ERP.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 105

GlobalTranz

NOVEMBER 11, 2016

In other words, they have actually used data analysis to realize what does and does not improve profit margins. For example, an analysis of fuel efficiency may require information on road conditions, tire pressure and octane ratings. Big data is an omnipotent, omnipresent topic in successful business models of modernity.

Supply Chain Software 92

Supply Chain Software Supply Chains Data Sourcing Strategies 92

WorkWave

MAY 24, 2024

Sources cite the resiliency of essential services , predictive recurring revenue and business model growth opportunities enabled by technology, training and development as being reasons behind the interest. This might include an analysis of revenue, cost of goods sold, operating expenses and non-operating expenses.

Negotiating Skills 98

Negotiating Skills Buyer Training Purchasing Skills Modeling Software 98

Logistics Viewpoints

JUNE 29, 2021

The most effective organizations conduct data maturity modeling and implement best practices around master data management and data federation. Master data management helps ensure uniformity, accuracy and consistency of data, while data federation optimizes it for analysis.

Data 109

Data Supply Chain Design Software Supply Chain Planning Software Digital 109

SYSPRO Smarter ERP

NOVEMBER 3, 2021

They are part of the quality management process and require an analysis of the top factors that drive returns to determine where interventions are required in the process. Their purpose is to model these changes and help predict the effects of the changes, as well as appropriate responses to these changes. Warehousing KPIs.

Manufacturing Procurement 105

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

Ship Monk

JUNE 16, 2021

Grab your favorite pair of sneakers and allow us to run you through six suggested courses of action. 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. Ready, set, go! #1. Make an Offer They Can’t Refuse.

eCommerce 91

eCommerce Inventory Reduction How To After-sales 91

Logistics Viewpoints

SEPTEMBER 1, 2023

FedEx flew 9 percent fewer domestic flights last month than in June following small sequential gains the prior two months, with year-over-year flight activity down 14 percent, according to an analysis by investment bank Morgan Stanley. The year-over-year decline in UPS’ flight activity accelerated to 13 percent from 10 percent in June.

Logistics Network Optimization Software 117

Logistics Network Optimization Software Purchasing Skills Negotiating Skills Price Reduction 117

UL EHS- Sustainability

OCTOBER 31, 2019

But the most successful learning and development teams also understand how to measure the success of each training course and react accordingly. Traditional training models address performance issues only when there is a lack of knowledge and skills. When conducting a TNA: 1.

Buyer Training 40

Buyer Training Optimal Sourcing Expense Reduction Cost Reduction 40

GlobalTranz

SEPTEMBER 23, 2015

Thanks to data gathering programs, supply chain software , and data entry applications, this represents a mountain of data, which has the potential to provide ground-breaking insight into how to improve business-model efficiency. Supply Chain big data is the ultimate compilation of data gathered in the course of business.

Supply Chain Design Software 108

Supply Chain Design Software Supply Chain Software Supply Chain Design Procurement Analytics 108

Logistics Viewpoints

JULY 18, 2022

Products, of course, can be picked up at the branches. This is an important analysis tool for maintaining a well-run supply chain. There is, however, training and a maturity model associated with using this sophisticated tool effectively. Coupa’s maturity model is quite detailed. Across the US, Ferguson has 6.5

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 120

GlobalTranz

MARCH 16, 2016

Supply chain models are evolving. Analytic models have been used for ages in manufacturing. Even simple, guess-based forecast models are technically a form of predictive analytics in manufacturing. Automating the analysis of data from sensors within equipment and automating the actual operation of these machines.

Supply Chain Software 60

Supply Chain Software Supply Chain Planning Software Cost Reduction Resource Reduction 60

Logistics Viewpoints

NOVEMBER 2, 2021

When you can barely see beyond the bow of the ship, when extreme wind and waves threaten to throw you off course – or worse, sink you – it’s understandable that long-term thinking can get chucked overboard like so much extra ballast. I can only imagine what it must be like to be at sea during a major storm.

Supply Chain Planning Software 103

Supply Chain Planning Software Scenario Planning Supply Chain Design Software Modeling Software 103

Logistics at MPEPS at UPV

MARCH 15, 2021

As a consequence, asset data can be available in real time and at low cost in a central location, enabling completely new use cases and business models. For this reason Maersk has started implementing IoT into their supply chain management business model. Photo by Pixabay on Pexels.com.

Case Study 52

Case Study Study Logistics Network Optimization Software Supply Chain Planning Software 52

Logistics Bureau

NOVEMBER 2, 2024

Like any supply chain strategy, there are advantages and drawbacks to both insourced and outsourced warehouse models. While there is of course, a cost associated with warehousing as a service, many companies find outsourcing to be a cost saver overall.

Outsourcing 61

Outsourcing Warehousing Cost Reduction Inventory Reduction 61

Logistics Bureau

OCTOBER 10, 2022

The second is when you implement segmentation of the SKUs in your portfolio based on Pareto analysis. Applying a single forecasting model to all products in the inventory portfolio. 2: Forecast Accuracy. Neglecting to monitor external market factors that can affect demand. 3: Supplier Lead Time.

Inventory Reduction 105

Inventory Reduction Inventory Optimization Modeling Optimization Software 105

Logistics Viewpoints

MARCH 4, 2021

Modeling the impact of weather events. Modeling impact of promotions and campaigns. Once you have your process(es) modeled with real-life scenarios, parameters, and constraints, you have a digital twin that will save a lot of time and support fast-decision-making. . Analyzing the root cause of stock outs.

Supply Chain Planning Software 113

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 113

Blue Grace Logistics

JULY 21, 2020

There are four key advantages to the management phase: Visibility across the entire supply chain from sourcing raw materials to the delivery of finished goods Modeling future supply chain scenarios as your company grows/changes to ensure speed to market while maximizing cost structures. Putting it into Action.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Cost Reduction Supply Chain Software 62

Supply Chain Brain

APRIL 4, 2018

Specifically, they are inferring pose for articulated motion analysis in crowded scenarios. In other words, they are continuously analyzing the video streams to build a model of the position and pose of each person in the store; what position each person’s limbs and hands are in and how they are moving through space. How much higher?

Analysis 40

Analysis Modeling Software Supply Chain Design Software Supply Chain Planning Software 40

Shipchain

MARCH 10, 2020

Data is generated in all parts of last-mile delivery, and analysis of this information can help companies become proactive rather than reactive with their delivery methods. Through data analysis, companies can optimize costs and resources. According to Business Insider , last-mile delivery costs comprise 53% of overall shipping costs.

Data 62

Data Optimization Software Modeling Software Logistics Network Optimization Software 62

Logistics Viewpoints

FEBRUARY 8, 2022

According to a recent article in Forbes , 48% of consumers today prefer a hybrid shopping model that combines online and in-store components. These digital solutions make it easy, fast and seamless to manage the complexities of all the transportation function’s moving parts and keep the overall supply chain on an optimal course.

Optimal Sourcing 103

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 103