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 62

Outsourcing Warehousing Cost Reduction Inventory Reduction 62

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 120

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

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 178

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 178

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

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

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 91

Supply Chain Design Software Supply Chain Design Distribution Networks 91

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 117

Cost Reduction Purchasing Skills Expense Reduction Inventory 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

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 69

Supply Chain Design Software Supply Chain Design Distribution Networks 69

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

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 90

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 90

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 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

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 103

Supply Chains Course Manufacturing Procurement Video 103

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 151

Logistics Network Optimization Software Purchasing Skills Negotiating Skills Price Reduction 151

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 139

Inventory Reduction Inventory Cost Reduction Material Savings 139

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 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 157

Data Supply Chain Design Software Supply Chain Planning Software Digital 157

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 162

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 162

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

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

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

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

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 149

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 149

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 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 115

Inventory Reduction Inventory Optimization Modeling Optimization Software 115

Conger

JANUARY 17, 2023

The 5 principles/steps in warehouse 5S are: Sort Set (in order) Shine Standardize Sustain The 5S warehouse model is also an abbreviation of the first letters — "S" — that form the 5S model. The 5S model is named for five Japanese terms that capture its core philosophy — waste reduction and improved efficiency.

Waste Reduction 52

Waste Reduction Inventory Reduction Cost Reduction Resource Reduction 52

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 121

Supply Chain Planning Software Scenario Planning Supply Chain Design Software Modeling Software 121

Logistics Business Magazine

APRIL 28, 2023

The travel paths and processes of the AMR are easy to model and adapt in the software. Each of these areas can of course stand alone; however, when combined, they provide an incredible advantage. One of KNAPP’s series of AMRs, the Open Shuttle Fork, handles the transport of pallets automatically, space-effectively and flexibly.

Modeling Software 56

Modeling Software Logistics Network Optimization Software Picking Handling 56

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

Logistics Business Magazine

MARCH 17, 2023

Although the company’s operators were used to hydrostatic controls, a short refresher course enabled them to switch seamlessly to the automotive-style pedals of the Mitsubishi GRENDiA models. The team are particularly impressed by the comfort of the seats,” added Mr Stephenson.

3PL 57

3PL Production Multimodal transport Modeling Software 57

Logistics Viewpoints

OCTOBER 19, 2023

Events and disruptions are par for the course in supply chain, so we need tactics to kick in for problem resolution. While analysis can suggest parameters, similar to upper and lower control limits, planners should ultimately set the parameters, based on their knowledge of the business. Another failure in tactics.

Supply Chain Planning Software 153

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 153

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

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 62

Supply Chain Planning Software Scenario Planning Modeling Software Gartner 62

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 166

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 166

Blue Grace Logistics

AUGUST 12, 2021

A decision support system can be added based on a predictive model of land transport behavior. The model takes historical data and through deep learning techniques and neural networks, produces a detailed forecast of the arrival times of the trucks at the terminals. And of course, this logic can be applied to any mode of transport.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Modeling Software Optimization Software 62

Morai Logistics

AUGUST 16, 2018

Prescriptive analytics is a decision making model that can help supply chains meet the increasing demands that have resulted from the revolution of technology. It’s an algorithmic decision making model that analyses data in order to take action. billion growing at a CAGR of 30.95% during the forecast period of 2017 to 2024.

Supply Chain Software 60

Supply Chain Software Supply Chains Modeling Software Logistics Network Optimization Software 60