Logistics Viewpoints

JUNE 29, 2021

In a prior post , I wrote about the various ways data is transforming global supply chains. Data is the raw fuel of digital transformation and the linchpin to accelerating industry collaboration, automation, predictive insights and so many more cutting-edge capabilities (including those yet to be invented). So, what is quality data?

Data 156

Data Supply Chain Design Software Supply Chain Planning Software Digital 156

Logistics Viewpoints

SEPTEMBER 16, 2022

Today, data and software programs can be saved or run in any data processing center in the world. This business model provides many advantages: Processing big data efficiently. Cloud computing bundles all the data and services in one single infrastructure. Rapid integration. Access to latest features.

Supply Chain Planning Software 188

Supply Chain Planning Software Modeling Software Optimization Software Logistics Network Optimization Software 188

Logistics Viewpoints

FEBRUARY 22, 2022

Meeting today’s logistics challenges of the three C’s – customer service, carbon, and cost – companies are not just looking at gathering data, but also how to better interpret and understand this data, and then use it to drive additional value. How about your need for a seamless corporate transportation analysis?

Data 115

Data Logistics Network Optimization Software Supply Chain Planning Software Cost Reduction 115

Logistics Viewpoints

FEBRUARY 20, 2024

Optimization and simulation are the two main branches of SCND. Optimization accounts for over 90% of all work that is being done by SCND teams. This article describes how to incorporate simulation techniques into optimization, build a stochastic optimization model, and end up with a more resilient supply chain model.

Supply Chain Design Software 155

Supply Chain Design Software Sourcing Strategies Supply Chain Design Inventory Reduction 155

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. What Is Supply Chain Big Data? How Does Big Data Improve a Supply Chain?

Supply Chain Design Software 108

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

IoT World Today

MAY 21, 2020

Increasing supply chain data visibility is a priority for logistics organizations looking to improve resilience. 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 Chain Planning Software 145

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

The Logistics of Logistics

MAY 9, 2022

Mode optimization automatically included in each quote. Mode optimization has traditionally been promised, but not delivered because the analysis was completed by people who didn’t have the data or tools. Data insights that enable shippers to learn from not just their own data and insights — but from each other.

Optimization Software 195

Optimization Software Freight Modeling Software Price Reduction 195

The Logistics of Logistics

JULY 2, 2021

Mode optimization automatically included in each quote. Mode optimization has traditionally been promised, but not delivered because the analysis was completed by people who didn’t have the data or tools. Data insights that enable shippers to learn from not just their own data and insights — but from each other.

Freight 195

Freight Optimization Software Price Reduction Modeling Software 195

SYSPRO Smarter ERP

APRIL 17, 2023

The manufacturing industry is currently undergoing a rapid digital transformation, and as a result, companies are generating vast amounts of data. Unfortunately, without proper processing and analysis, this data is of little use to the organization. This enables managers to take swift action and keep production on track.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Optimization Software 98

Talking Logistics

MARCH 27, 2019

Optimization is a ubiquitous term in the supply chain and logistics industry. We all talk about how we need to optimize our operations. In practice, however, relatively few companies are using optimization technology, particularly in transportation. Why is transportation optimization key today? Types of optimization.

Optimization Software 105

Optimization Software Optimization Modeling Optimization Supply Chain Planning Software 105

Logistics Viewpoints

APRIL 5, 2023

ARC Advisory Group, where I work, publishes an analysis of the 25 manufacturers with the most mature digital transformations. This survey-based research gathers quantitative data as well as information on practices or performance drivers. From a maturity standpoint, the majority of respondents are digitizing data and processes.

Digital 165

Digital Supply Chain Software Supply Chain Design Software Logistics Network Optimization Software 165

SYSPRO Smarter ERP

JULY 3, 2023

What is Machine Learning ML is the computing engine behind AI and gives computers the ability to make sense of, and learn, from data to perform specific tasks without manual interference. Nine areas where AI can help manufacturers There are several ways in which data and AI can be applied in the manufacturing industry. The Industry 4.0

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Data Optimization Software 98

Logistics Viewpoints

NOVEMBER 6, 2024

These sensors capture precise data on factors like location, speed, fuel usage, and driver behavior, transforming fleet management from reactive to data-driven decision-making. The IoT data allows managers to detect inefficiencies, predict maintenance needs, and even assess driver performance.

Supply Chain Planning Software 141

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimization Software 141

FreightWaves SONAR

FEBRUARY 4, 2021

Optimizing truckload freight spend is essential in today’s freight market. As the world of transportation continues to evolve, shippers and logistics service providers (LSPs) are effectively utilizing certain methods along with modern data platforms to meet the demands of today’s supply chains. Request a SONAR Demo.

Optimization Software 98

Optimization Software Negotiate Pricing Negotiating Skills Optimization Modeling 98

Logistics Bureau

OCTOBER 10, 2022

Before we look at the barriers to optimal inventory and the possible ways to eliminate or overcome them, let’s be clear on what inventory optimisation means—because misconceptions do abound. But ultimately, it comes down to what you assess as optimal inventory performance for your organisation. 1: Service Levels.

Inventory Reduction 124

Inventory Reduction Inventory Optimization Modeling Optimization Software 124

Logistics Viewpoints

MARCH 8, 2021

The solution can answer questions like where should new production or distribution capacity be located to optimally accommodate anticipated growth in demand? On top of this cost network model, the solution allows for various scenarios to be kept and compared. In 2018, they implemented a LLamasoft inventory optimization solution.

Supply Chain Design Software 172

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Supply Chain Software 172

EazyStock

OCTOBER 20, 2020

Inventory Control Techniques that use Stock Optimization Best Practices. So we thought we’d focus on the lesser known topic of ‘stock optimization’ – this is an inventory control technique that’s becoming more popular with inventory managers to improve the efficiency of their supply chain. What is stock optimization?

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

Logistics Viewpoints

SEPTEMBER 19, 2024

Additionally, software vendors continuously invest in tuning the performance of their algorithms and models. 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 143

Supply Chain Planning Software Scenario Planning Supply Chain Software Supply Chains 143

FreightWaves SONAR

MARCH 9, 2021

Data for data’s sake lacks value, especially in the view of the supply chain. And across the market, submitted data becomes rapidly outdated. And in some industries, outdated data can have disastrous consequences. For instance, take the value added by more accurate data in the health industry.

Data 98

Data Reliability Supply Chain Planning Software Trucking 98

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. Vendor Managed Inventory Model for Supply Chain Cost Reductions. Reverse marketing starts first with Value Analysis. What is Value Analysis?

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

Logistics Viewpoints

MARCH 17, 2022

According to data from a recent research survey, the following were on top of the supply chain headaches not addressed by their current systems: Supply shortages due to supplier’s inability to meet expected performance targets. Network cost modeling. Data cleansing and data robustness. Automated forecasting processes.

Supply Chain Planning Software 183

Supply Chain Planning Software Modeling Software Optimization Software Scenario Planning 183

Logistics Viewpoints

AUGUST 14, 2024

These systems have a range of approximately three hundred meters and facilitate the exchange of critical data between vehicles. Here’s how it works: Data Transmission: Vehicles continuously broadcast data, including position, speed, heading, brake status and many more operational parameters.

Modeling Software 151

Modeling Software Efficiency Optimization Software Logistics Network Optimization Software 151

Logistics Viewpoints

JUNE 8, 2023

However, advancements in technology have made it possible for any company to automate and optimize their last-mile delivery operations. The High Cost of Ignoring Delivery Optimization Failing to utilize technology for optimizing delivery processes comes with a steep price.

Modeling Software 137

Modeling Software Optimization Software Supply Chain Design Software Logistics Network Optimization Software 137

Logistics Viewpoints

FEBRUARY 28, 2022

Further, while artificial intelligence helps solve certain types of problems, Jay Muelhoefer – the chief marketing officer at Kinaxis pointed out – optimization and heuristics work better for other types of planning problems. Artificial intelligence is beginning to be used to update the data.

Supply Chain Planning Software 180

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 180

Logistics Viewpoints

MAY 11, 2023

How the digital twin concept drives benefit By using advanced analytics and machine learning algorithms, digital twins can provide real-time insights and recommendations to optimize operations, reduce costs, and increase productivity. Physical change (i.e., changing the structure of the warehouse, modifying processes, etc.)

Optimization Software 160

Optimization Software Supply Chain Design Software Modeling Software Digital 160

Logistics Viewpoints

MARCH 4, 2021

Supply chain planning involves interaction with different types of information based on internal and external data sources. These data sources are often spread across multiple platforms and come in various formats. Planners spend their precious time collecting and synthesizing the data to drive insights.

Supply Chain Planning Software 165

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 165

Logistics Bureau

NOVEMBER 12, 2024

Essential Steps to Using Warehouse Modeling Software for Design 1) Understand the Design Objectives and Constraints The first step in your review should be to determine and prioritise the objectives for your warehouse facility and operation. This helps you make informed decisions without risking disruptions to your physical systems.

Modeling Software 68

Modeling Software Supply Chain Design Software Supply Chain Planning Software Optimization Software 68

Logistics Viewpoints

MARCH 1, 2021

Once the analysis was done for Year One set up, Year Two was pretty much the same. What PMI needed, considering the long planning horizons, was a digital and analytics network design and supply optimization tool. The tool was able to create a model going out multiple years. It was predictable.

Supply Chain Design Software 120

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

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. <br>- Use external data for forward-looking decisions.

Supply Chain Design Software 157

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Optimal Sourcing 157

SYSPRO Smarter ERP

JULY 2, 2024

AI is a term for computing capabilities that are perceived as representing intelligence, including image and video recognition, prescriptive modelling, smart automation, advanced simulation, and complex analytics. Machine learning (ML): Using algorithms and data to detect patterns without being explicitly programmed to do so automatically.

Supply Chain Planning Software 105

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

Logistics Viewpoints

APRIL 11, 2023

This approach was suitable for a time where disruptions were rare, supply and demand variability were limited, and the supply chain was optimized to lower costs and low complexity. Capabilities you should be looking to real world data modeling.

Supply Chain Planning Software 137

Supply Chain Planning Software Scenario Planning Supply Chain Design Software Modeling Software 137

Freightos

JUNE 17, 2024

In the first issue of our AI popup newsletter series, Matt Motsick, CEO of Rippey AI and a long-time logistics technology leader, explores buying or building AI models. Focus on Innovation : By outsourcing the underlying AI technology, companies can focus more on innovation and applying AI in unique ways within their business models.

Modeling Software 116

Modeling Software Optimization Software Logistics Network Optimization Software Cost Reduction 116

Ship Monk

FEBRUARY 9, 2024

The process usually includes analyzing historical data for seasonal trends and product performance, as well as gathering current data on competitors, marketplace trends, future marketing plans and promotions. All of them rely on data, whether you’re using historical data or new findings gathered from consumer research.

eCommerce 105

eCommerce Operations Inventory Reduction Modeling Software 105

AIMMS

FEBRUARY 2, 2015

Retail analytics are typically fruitful due to the availability of granular EPOS sales data and the ability to predict how products will move through their lifecycle due to the differing levels of fashion maturity in each geography. The answer can’t be too different, right? The slides were presented to the CIO and CFO. A burning bridge.

Optimization Modeling 84

Optimization Modeling Optimization Software Optimization Supply Chains 84

TransAudit

JUNE 27, 2023

It advances digitization efforts, facilitates data cleaning, and streamlines supply chain planning, procurement, and execution. Machine learning presents a solution by optimizing the flow of products from one location to another. Furthermore, human interaction remains essential in maintaining the quality of data being collected.

Optimal Sourcing 68

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 68

FreightWaves SONAR

MARCH 9, 2021

Additionally, the shipping model usually focuses on the transfers of goods that come in on ships to other storage areas or to other shipping locations for the next leg of the trip. H aving access to real-time freight data and being able to make good use of it is essential for global trade and maritime shipping.

Supply Chain Planning Software 98

Supply Chain Planning Software Scenario Planning Data Optimal Sourcing 98

Logistics Viewpoints

DECEMBER 4, 2023

More advanced solutions include real-time transportation visibility, route optimization, and telematics. In transportation, digital freight procurement and asset tracking & data mining are in broad use. Around 80% of LSPs and 68% of shippers cited the cost/ROI analysis as the biggest challenge for transportation transformations.

Modeling Software 154

Modeling Software Optimization Software Logistics Network Optimization Software Optimal Sourcing 154