Logistics Viewpoints

SEPTEMBER 19, 2024

Planners spend considerable time preparing scenario planning and not the actual analysis. For impactful scenario planning, planners must spend time on analysis rather than collating data and manually creating scenarios.

Supply Chain Planning Software 142

Supply Chain Planning Software Scenario Planning Supply Chain Software Supply Chains 142

MTS Logistics

MAY 27, 2022

We experience such diverse supply chain disruptions that tracking the data on U.S. The new problems stem from the recent port lockdowns, factory closures in Asia, a slow down in production, and mixed signals on U.S. The post Global Logistics Market Analysis: 2022 Summer Edition appeared first on More Than Shipping.

Global logistics 90

Global logistics Analysis Negotiate Pricing Negotiating Skills 90

SYSPRO Smarter ERP

JULY 2, 2024

Machine learning (ML): Using algorithms and data to detect patterns without being explicitly programmed to do so automatically. ML and DL are mainly used in data analysis, classification, clustering, and ranking. GenAI systems are trained on massive amounts of text data to understand and generate human-like language.

Supply Chain Planning Software 105

Supply Chain Planning Software Modeling Software Optimization Software Supply Chain Design Software 105

FreightWaves SONAR

JANUARY 5, 2021

Due to the previous surge of China as the world’s factory over the last two decades, much of the global carriers’ business has revolved around transporting cargo between the U.S. And that’s why it’s important for carriers to apply data and enable predictive freight rating through these five requirements. Download the White Paper.

Data 88

Data Price Reduction Freight Resource Reduction 88

MTS Logistics

FEBRUARY 25, 2022

Products are ready in factories, but there are not enough containers for them. Based on Bloomberg’s data, container capacity shortages and port congestion have caused long-term rates to set in contracts between carriers and shippers to increase by almost 200% from a year ago. That’s why suppliers choose to send only urgent products.

Analysis 79

Analysis Price Reduction Expense Reduction Material Savings 79

SYSPRO Smarter ERP

OCTOBER 9, 2023

Getting costs under control is important for a good return on capital investment and to ensure factory equipment is operating at optimum capacity and profitability. Modern machinery is commonly fitted with real-time sensors but these are not very useful if there is no way to view and action the data from the sensors.

Manufacturing Procurement 111

Manufacturing Procurement Purchasing Skills Cost Reduction Optimal Sourcing 111

Logistics Viewpoints

MARCH 8, 2021

In Belcorp’s case they have four factories located in Colombia, Mexico, Peru, and Ecuador. Production flexibility is limited; none of these factories can make all the company’s 1,500 products. For consumers in metro areas located close to their factories, there is a one-day lead time. What factory should make a new product?

Supply Chain Design Software 171

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Supply Chain Software 171

Freightos

AUGUST 14, 2024

More Resources Home August 14, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe prices (FBX11 Weekly) fell 1% to $8,343/FEU.

Data 116

Data Logistics Network Optimization Software Freight Cargo 116

Logistics Viewpoints

OCTOBER 25, 2024

By integrating Nauto’s AI-powered Video Event Data Recorder (VEDR) solution with Beans.ai’s precision location data and micro-routing technology, the collaboration offers a comprehensive solution tailored to meet the needs of last-mile deliveries, including VEDR compliance. Nauto and Beans.ai

Supply Chain Planning Software 135

Supply Chain Planning Software Supply Chain Software Supply Chains Waste Reduction 135

SYSPRO Smarter ERP

NOVEMBER 13, 2023

One of the big challenges facing manufacturers is inadequate reporting and analysis capabilities. This results in inefficient decision-making processes due to siloed data which limits the ability to respond to changing conditions quickly and accurately. Why companies invest in BI As a business grows, so does the amount of data.

ERP 64

ERP Manufacturing Procurement Inventory Reduction Optimal Sourcing 64

Log-hub

DECEMBER 12, 2023

Your most valuable tool in such situations is making decisions based on data. Did you know that the impact of data-driven decision-making is significantly amplified when disruptions occur? Leveraging data-driven decision-making has the potential to yield improvements of up to 10% in conditions characterized by disruptions.

Supply Chain Design Software 52

Supply Chain Design Software Scenario Planning Supply Chain Design Supply Chain Planning Software 52

Logistics Viewpoints

SEPTEMBER 4, 2023

That factory also aims to rapidly process the raw materials into product. An RFP is a data intensive exercise. This made the data analysis easier. On the inbound side, it was highly reliant on spreadsheet data. This made the data analysis “painful.” Then the clock starts ticking again.”

Procurement Solutions 137

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 137

Log-hub

DECEMBER 8, 2023

As per the ATRI data, the overall marginal expenses for trucking marked a significant of 21% increase in the year 2023. In the input data, you’ll encounter three tables: factories, warehouses, and customers. We witnessed a significant increase in the transportation costs. And what are the outcomes?

Cost Reduction 52

Cost Reduction Optimal Sourcing Handling Supply Chain Design Software 52

CLX Logistics

MARCH 9, 2021

Big data and predictive transportation analytics are transforming the supply chain industry in incredible ways. An individual transportation company may collect large quantities of granular internal data over time, but that’s not enough to extract the maximum possible value. Better Customer Experiences.

Optimal Sourcing 40

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Procurement Analytics 40

GlobalTranz

NOVEMBER 17, 2016

Supply chain leaders are enthralled with the idea of using big data, but they tend to fail to understand how to disseminate big data in their organization properly. True, they may know how to roll out big data in a single warehouse, or they may have heard their competitors used branded systems for implementing this new technology.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Software Procurement Solutions Supply Chain Design 115

Airfreight Logistics

FEBRUARY 7, 2020

The global air cargo market saw a 4% year-on-year decline in the four weeks to February 2, 2020, according to the latest ‘dynamic load factor’ market intelligence from CLIVE Data Services. But looking at the data in more detail tells a more nuanced picture.

Data 65

Data Cargo Industry Logistics Network Optimization Software 65

The Logistics of Logistics

DECEMBER 6, 2021

While American consumers went shopping, particularly online, the Asian factories and supply chains that produce the goods were broken due to labor and materials shortages. The NSAC is also working on a number of initiatives to improve the ports including: demurrage/detention standards, data standards, transparency, and digitization.

Inventory Reduction 195

Inventory Reduction Material Savings Maritime Supply Chain Software 195

SYSPRO Smarter ERP

DECEMBER 18, 2023

To achieve this, effective MOM systems have become a critical factor in determining the success of factories. Modern MOM systems are specifically designed to help small to medium manufacturers enhance their efficiency by providing a real-time view of all the processes in the factory.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Optimization Software Optimization Modeling 52

3PL Links

MAY 9, 2024

Smart warehousing is a sophisticated inventory management approach that maximizes the transportation, storage, and distribution of goods and materials within the company by utilizing data analytics and state-of-the-art technologies. This verification is crucial for electronic boards since they are identifiable when they leave the factory.

Warehousing 48

Warehousing Optimal Sourcing Inventory Reduction Material Savings 48

SYSPRO Smarter ERP

DECEMBER 14, 2023

An ERP system is a repository of data from all functions of a business. A system with a powerful extensibility capability can be used to collect data from external partners as well. Having a wider view of data, e.g., from suppliers, can provide insights into streamlining sustainability operations.

Manufacturing Procurement 52

Manufacturing Procurement ERP Optimal Sourcing Optimization Software 52

Logistics Viewpoints

MARCH 1, 2021

At the end of 2019 that supply chain covered 38 PMI owned factories, 28 third party manufacturers, and more than 180 markets. Once the analysis was done for Year One set up, Year Two was pretty much the same. Analysis and scenario formulation lead time went from weeks to days. It was predictable.

Supply Chain Design Software 120

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

GlobalTranz

MAY 27, 2015

The United States Manufacturing Technology Orders (USMTO) data report is compiled monthly by the Association for Manufacturing Technology (AMT). What is the USMTO Data Report? The full data set is reported by eligible equipment builders and distributors and is provided to all participants in the program at no cost.

Manufacturing Procurement 94

Manufacturing Procurement Procurement Analytics Data Modeling Software 94

Log-hub

AUGUST 5, 2024

The Log-hub’s commitment to continuous improvement ensures that clients can optimize their operations and drive efficiency through data-driven decisions. Map Comparisons: Comprehensive Scenario Analysis Log-hub 4.3 Here is an in-depth look at the key enhancements in Log-hub 4.3: With the Log-hub 4.3

Scenario Planning 52

Scenario Planning Supply Chain Design Software Supply Chain Planning Software Optimization Software 52

Logistics Business Magazine

NOVEMBER 19, 2020

Forensic profitability analysis for small and global businesses alike is available at a click with today’s supply chain software, as Paul Hamblin discovers. Because we had that, we could cross reference it to the P&L, we could cross-reference it to the billing data. is check that the data is accurate,” Aitken explains. “If

Supply Chain Software 56

Supply Chain Software Logistics Network Optimization Software Factories Data 56

Logistics Business Magazine

JANUARY 20, 2023

A larger share of freight forwarders and supply chain professionals this year in 2023 are expecting disruptions owing to COVID outbreaks in China and the Chinese New Year factory closures as compared to the last year (2022). “We Amidst this, in the coming weeks, we foresee prolonged factory closures and bearish market conditions.”

Supply Chain Planning Software 68

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 68

Logistics at MPEPS at UPV

MAY 19, 2023

Here are some skills they mention: – Technical Skills Data Analysis In this industry, data is vital – all good logistics managers need to be able to read and analyse data to recognise different trends and patterns that are useful to their firms. Before they need to contact drivers enter factory area smoothly.

Cost Reduction 52

Cost Reduction Price Reduction Logistics Packaging 52

SYSPRO Smarter ERP

FEBRUARY 6, 2023

To determine this, start by knowing what is on your factory floor – digitalization starts from there. Many manufacturers have machines that cannot collect and transmit the data needed to support a digitalization initiative and they will need to be modified or replaced. How can you use all the data effectively and still be efficient?

Digital 52

Digital Manufacturing Procurement ERP Supply Chain Software 52

Logistics Viewpoints

APRIL 3, 2023

Orders can be cancelled, rush orders come in, factory machines go down, port congestion occurs, and so forth. Aera is using data crawlers to crawl across billions of rows of transactional data on a monthly basis. This is combined with data from external sources on weather, logistics lead times, and sustainability performance.

Supply Chain Planning Software 169

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 169

Logistics Business Magazine

DECEMBER 6, 2023

Technologies like Internet of Things (IoT) sensors and tracking systems can transform the way we manage food and drink across the manufacturing supply chain – from its origins on the farm, through to factory production sites and transporting the food on UK roads to our stores.

Waste Reduction 59

Waste Reduction Manufacturing Procurement Modeling Software Food and Agriculture 59

Logistics Business Magazine

APRIL 3, 2023

In the first application, with DIMOFAC, an EU-initiative aimed at helping companies implement a smart factory architecture, the platform is being used for pick and place and warehouse automation tasks within a machining scenario. The solution is currently being used within several European projects.

Optimization Software 61

Optimization Software Logistics Network Optimization Software Collaboration Factories 61

SYSPRO Smarter ERP

SEPTEMBER 20, 2021

SYSPRO ’s 2020 survey, The Inflection Point for the Factory of the Future , showed that only about one-third (38%) of manufacturers’ business systems had enabled them to meet the challenges posed by the COVID-19 pandemic. Finance and production can’t be working off different data sets. The pandemic made that impossible.

Manufacturing Procurement 110

Manufacturing Procurement Optimal Sourcing Optimization Software Digital 110

SYSPRO Smarter ERP

FEBRUARY 14, 2024

IoT devices on the factory floor need to be protected; some manufacturers are also installing sensors on products used in a customer’s environment, which can create their own security challenges. Sensor data is often transmitted via a public cloud which cannot be ring-fenced behind the company firewall. Use data encryption efficiently.

Manufacturing Procurement 52

Manufacturing Procurement Security Tips ERP 52

Material Handling and Logistics

AUGUST 29, 2018

It’s evident from analyzing the thousands of global, on-site factory audits we’ve conducted so far this year that manufacturers’ interest in ethics and sustainability is waning. Ensuring safe working conditions is one of the major struggles, with its latest structural audit data pointing to slower progress than optimal. The bad news?

Optimal Sourcing 60

Optimal Sourcing Supply Chains Manufacturing Procurement Factories 60

GoShip Blog

JUNE 16, 2021

With the volume of data entering the supply chain every day, AI computing technology has the potential to shift business trends to encourage revenue. . AI in supply chain and operations can efficiently handle data for analysis and automated functions. Production planning and factory scheduling. Prepare granular data.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 52

Log-hub

JANUARY 3, 2024

introduces smart factories where interconnected systems enhance agility and responsiveness. This holistic approach extends connectivity beyond the factory floor, fostering seamless communication across the entire logistics network. Industry 4.0

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 40

Forto

JULY 25, 2018

Few topics hold the prestige of logisticians like Big Data. The applications of Big Data in business are numerous. In freight management, Big Data yields opportunities for improvement. The reason behind the application of data is immense. The ways we collect data has evolved too. Why Is Big Data Important?

Supply Chain Planning Software 40

Supply Chain Planning Software Data Optimization Software Optimal Sourcing 40

IoT World Today

SEPTEMBER 27, 2021

Pinart stressed that all three initiatives had enabled Nestlé to leverage AI, predictive maintenance and robotics to support factory automation and customization on the assembly line. By 2025, Nestlé aims to be fully data-driven and cognitive in its approach.

Supply Chain Software 72

Supply Chain Software Modeling Software Manufacturing Procurement Optimal Sourcing 72