IoT World Today

MAY 21, 2020

Supply chain recovery hinges on incorporating robust data analytics and other data-driven tools into business operations to increase efficiency, reduce costs and proactively manage risk. Supply chains will survive COVID-19, of course, but not without interim pain and structural change. Erratic consumer demand adds further dysfunction.

Supply Chain Planning Software 145

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

FreightWaves SONAR

FEBRUARY 16, 2021

By using strong management and analysis processes, supply chains can maximize value and stay competitive. Of course, that all depends on seeing the activities that are occurring, benchmarking current carrier operations and continuously improving. And freight KPIs can serve as a valuable tool for freight market intelligence.

Supply Chain Software 98

Supply Chain Software Trucking Expense Reduction Resource Reduction 98

FreightWaves SONAR

DECEMBER 22, 2020

Relying solely on manual shipping data analysis continues to yield poor results. And that all begins with deploying advanced freight management analytical resources and tools that actively work to lower all risks, ranging from detention through final mile management. New ways must be adopted. Download the White Paper.

Logistics Network Optimization Software 105

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 105

Freightos

APRIL 15, 2024

But, of course, when dealing with systems that operate at such scale, exceptions happen. Fifteen years ago, DSV’s homepage had this to say about tech: “DSV is committed to providing our customers with the best e-service tools available in order to create visible, transparent and high-quality services.”

Digital 133

Digital Logistics Network Optimization Software Freight Supply Chain Software 133

Log-hub

JANUARY 8, 2025

These tools can transform your supply chain, helping you predict inventory needs, automate repetitive tasks, and optimize delivery routes. AI-driven tools are helping businesses minimize errors and make faster, smarter decisions. Diversify your suppliers, monitor risks in real-time, and invest in tools that give you better visibility.

Optimal Sourcing 40

Optimal Sourcing Waste Reduction Inventory Reduction Resource Reduction 40

Logistics Viewpoints

MARCH 1, 2021

Once the analysis was done for Year One set up, Year Two was pretty much the same. The introduction of smoke-free products made the use of spreadsheet tools far less efficient in the capacity and sourcing planning as the new product categories had rapid growth. “We The tool was able to create a model going out multiple years.

Supply Chain Design Software 112

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 112

Ship Monk

JUNE 20, 2022

And, of course , that the page they’re on is informed, thorough, and forward-thinking. In the fulfillment industry where increasing demand, geographical obstacles, rising costs, and complex supply chains are more temperamental than a Jack Russell Terrier hyped up on sugar, it is vital that 3PL team members are on the same page.

3PL 98

3PL eCommerce Supply Chain Software Procurement Solutions 98

GlobalTranz

JULY 14, 2015

Take a look at how the IoT supply chain is changing the landscape in terms of equipment functionality, shipping processes, invoicing and payments, and analysis of trends. Analysis of Trends and Recommendations. In some cases, human intervention and input will be completely eliminated. IoT and Machine Functionality.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

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

APRIL 4, 2022

The answer is to benchmark your freight, of course. Here is an overview of the most valuable benefits: More informed freight spending: Because freight benchmarking involves the analysis of carriers and the rates paid by companies using them, it gives you an evolving picture of clarity about your freight spending.

Negotiating Skills 96

Negotiating Skills Logistics Network Optimization Software Purchasing Skills Supply Chain Planning Software 96

Logistics Bureau

APRIL 12, 2021

Maybe it’s because the tools are out there to do it now, but I’d like to highlight other approaches that are less time-consuming and resource-hungry. We did it all on spreadsheets in the early days because there were no specialist tools around. Now there are great tools, such as Supply Chain Guru and others. Specialist Tools.

Supply Chain Design Software 85

Supply Chain Design Software Supply Chain Design Distribution Networks 85

Logistics Viewpoints

JULY 18, 2022

Products, of course, can be picked up at the branches. The company uses a network design tool from Coupa. This is an important analysis tool for maintaining a well-run supply chain. Ferguson does 20 to 30 studies a year using this tool. Across the US, Ferguson has 6.5 Coupa’s maturity model is quite detailed.

Supply Chain Design Software 122

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 122

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. Combining regular data analysis with human touch and giving context to these results will create meaningful decisions.

Procurement Analytics 62

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

GlobalTranz

JANUARY 21, 2015

Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. Reverse marketing starts first with Value Analysis. Light lunch: cold cuts, bread coffee, and soda: simple: this expenditure is up to you, of course.

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

FreightWaves SONAR

APRIL 8, 2021

Capture market data in near-real-time Real-time data represents a valuable tool for logistics managers when planning and adapting routes for the real world. Predictive data analysis allows managers to tweak and adjust route optimization and shipping protocols to accommodate market demands.

Optimization Software 98

Optimization Software Optimization Data Supply Chain Planning Software 98

Freightos

FEBRUARY 27, 2017

Today, Freightos is giving away statistical analysis of some 300 million international freight market data points, launching the Freightos International Freight Index (FIFI). This is an essential tool to making business decisions. Business data must remain private of course. Announcing the Freightos International Freight Index.

Freight 0

Freight Logistics Network Optimization Software Price Reduction Data 0

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

AIMMS

JULY 15, 2019

While I’d be first to concede that there are some incredible S&OP tools out there (I particularly admire Kinaxis and OM Partners), it’s incredible that we can play on the same pitch with these large COTS vendors so quickly. 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

FreightWaves SONAR

JANUARY 5, 2021

Of course, it is also critical to apply data across all activities to identify which loads are ripe for the taking. Of course, outsourcing does eat away at profit margins, so trucking carriers need to apply data to support all possible rate changes that occur as a result of outsourcing to transportation brokers and 3PLs.

Data 88

Data Price Reduction Freight Resource Reduction 88

Ship Monk

APRIL 5, 2024

Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. SRM is more than a one-and-done analysis. Steps to Implementing SRM If you deal with a lot of vendors, investing in SRM software will help you more easily manage the data and make it available to stakeholders for analysis.

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 105

Logistics Bureau

NOVEMBER 12, 2024

Of course this stage of planning can become pretty complex, and it will often pay to seek advice from equipment suppliers or even engage a consulting firm to help you develop your storage strategy. This involves using data and simulation tools to identify areas for improvement and implement changes that enhance efficiency and reduce costs.

Modeling Software 72

Modeling Software Supply Chain Design Software Supply Chain Planning Software Optimization Software 72

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. Which process steps cost the most, and the least, to complete?

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

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 119

Logistics Network Optimization Software Purchasing Skills Negotiating Skills Price Reduction 119

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. Companies using tools like the Delivery Experience Manager can track deliveries in real-time.

Data 62

Data Optimization Software Modeling Software Logistics Network Optimization Software 62

GlobalTranz

NOVEMBER 16, 2016

Automated notifications via TMS or other connected platforms when an error occurs can also help to reduce inconsistencies or errors throughout the course of work. In other words, your big data strategy should reflect an ongoing process of data collection, analysis and action to produce better results than the original starting point.

Resource Reduction 91

Resource Reduction Cost Reduction Supply Chain Planning Software Supply Chain Software 91

GlobalTranz

APRIL 30, 2015

Top carriers will have dedicated classroom space, a well thought-out training course, and experienced instructors. When you’re on-site, simply ask to review their training course to get an idea of how well it is preparing your carrier’s employees to work with your company. Properly Stored & Inspected Equipment.

Buyer Training 93

Buyer Training Training Security Logistics Network Optimization Software 93

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. A training needs analysis (TNA) will identify where employee training can make a meaningful contribution towards improving performance. When conducting a TNA: 1.

Buyer Training 40

Buyer Training Optimal Sourcing Expense Reduction Cost Reduction 40

Logistics Business Magazine

JUNE 19, 2023

Computed MyoGraphy is a tool for evaluating workplaces in terms of ergonomics and process efficiency. In combination with fully automated process and material flow tools or simple productivity verifications, precise key figures for ergonomics and productivity can thus be defined.

Logistics Network Optimization Software 50

Logistics Network Optimization Software Material Savings Analysis Tools 50

Talking Logistics

SEPTEMBER 12, 2017

As a leader, you need many tools to eliminate this mindset. How to make it happen in your company: Step back and commit to completing a comprehensive profile analysis or MSA. While metrics are powerful tools, they’re only one tool amongst the many a leader can use. Keep an Eye on Holistic Company Health.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Software Supply Chains How To 94

Ship Monk

MARCH 30, 2024

We’re talking the tools, technology, and team members who set you up for success on all fronts. Our unique, powerful technology and tools lead to efficiency and accuracy while our expert team ensures you’re taken care of every step of the way. Overall, our 3PL is in the business of growth.

3PL 105

3PL Supply Chain Design Software Optimization Software Supply Chain Software 105

Talking Logistics

NOVEMBER 29, 2017

The type of analyses you can do today were really challenging, if not impossible, before the advancement of business intelligence tools. Of course, converting data into actionable intelligence is easier said than done. What has changed dramatically over the years is the ability to take data analysis to a whole new level.

Data 74

Data Transportation Logistics Network Optimization Software Supply Chain Software 74

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

MTS Logistics

MARCH 24, 2023

But, of course, the shipping industry will the feel the growing pains of these new regulations significantly more. So why not use these tools to promote cleaner waterways and oceans. How is a ship’s emissions efficiency calculated and determined? Ultimately, these regulations are a step in the right direction.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 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. The 2017 hurricane season,” Mr. Herzog said, “was a big event on our journey.

Supply Chain Planning Software 128

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 128

Morai Logistics

AUGUST 16, 2018

Joined by Artificial Intelligence and Machine Learning, this suite of tools help many industries such as retail, healthcare and transportation. Applying this level of analysis can help any business understand how to effectively use their ‘resources, costs and capabilities’. What’s does prescriptive analytics bring to the table?

Supply Chain Software 60

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

SYSPRO Smarter ERP

JANUARY 19, 2022

Of course, the key to success is being able to analyze that data so that you can get the maximum value out of it. A comprehensive range of tools has been built into the SYSPRO ERP solution to help you do just that. The benefits of ERP. A major benefit of an ERP solution is that it generates business data continuously.

Manufacturing Procurement 105

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

FreightWaves SONAR

DECEMBER 30, 2020

This remains key to the overall success of investments within supply chain analysis. Of course, that’s another challenge. Turnkey products and services can make a world of difference for making the most of data-driven tools for freight management. Use off-the-shelf solutions, including freight management analytics.

Supply Chain Planning Software 98

Supply Chain Planning Software Data Supply Chain Software Transportation 98