Turvo

JULY 30, 2021

The Top Functions of a Transportation Management System in Logistics Include Route Optimization. One of the biggest benefits shippers can gain from integrating an advanced TMS platform into their system is an increase in optimization and route organization. It’s a Tool for Optimizing Loads and Capacity Planning.

Supply Chain Planning Software 98

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Transportation 98

Locus

JULY 28, 2022

Planning, managing, optimizing and executing the final-mile logistics operations aren’t possible without delivery management software. Route optimization. The most critical feature to look for in a delivery management platform is route optimization. Download whitepaper: Why Businesses Need Route Optimization.

Optimization Software 52

Optimization Software Modeling Software Definition Logistics Network Optimization Software 52

EazyStock

MARCH 4, 2021

How to Increase Inventory Turnover with Inventory Optimization. The concept of inventory optimization helps many businesses improve their inventory turnover – without damaging stock availability. This post will explain how, but first, let’s deal with a few simple definitions. The Importance of Improving your Inventory Turnover.

Optimal Sourcing 59

Optimal Sourcing Inventory Reduction Inventory Optimization Software 59

EazyStock

JUNE 18, 2019

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

Analysis 51

Analysis Inventory Reduction Inventory Procurement Solutions 51

Logistics Viewpoints

SEPTEMBER 22, 2022

But first, let’s get on the same page: Supply chain design solutions and definitions. Supply Chain Design: A process where nodes, modes, flows, and policies driving a supply chain are defined, reviewed, optimized, and aligned to business objectives. Here’s why, and what your organization should be thinking about instead.

Supply Chain Design Software 104

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Exercises 104

SYSPRO Smarter ERP

JANUARY 23, 2023

ESG reporting and analysis Data is one of the most important requirements of an ESG program. It is only with the analysis of data that situations can be visualized and changes made. This analysis can help the company develop goals and measurable targets for improving ESG performance.

ERP 111

ERP Waste Reduction Optimal Sourcing Supply Chain Planning Software 111

Talking Logistics

JULY 17, 2018

Overall, not only are fees increasing to $80 list for both carriers, but the definitions are tightening, and the minimum billable weight is changing (FDX). For example, if a package qualifies for oversize according to FedEx’s definition, it will receive an $80 charge (list rate). Use the optimal materials for filling and cushioning.

Negotiating Skills 108

Negotiating Skills Optimal Sourcing Packaging Definition 108

Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. Coupa meets this definition. Using supply chain design to help time the investment and select the optimal location is a perfect use case.

Supply Chain Design Software 109

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 109

20Cube Logistics

NOVEMBER 13, 2019

Predictive analysis, today is part of all major business operations and processes to help forecast trends, events and to find solutions for complexities. According to Forbes, predictive analysis is mandatory in logistics as it relies heavily on accuracy and timeliness to achieve success. Route optimization. billion USD to 12.4

Supply Chain Software 40

Supply Chain Software Analysis Supply Chains Inventory Reduction 40

EazyStock

JUNE 18, 2019

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

Analysis 40

Analysis Inventory Reduction Inventory Procurement Solutions 40

SYSPRO Smarter ERP

JUNE 21, 2022

The analysis is mostly on point; however, the blame does not lie with Lean. It is clear from these definitions that having less than the minimum required stock on hand will result in an inability to meet customer demand. The critical issue here is that we’ve still not recovered, and full recovery is still some way off. .

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Software Supply Chains Optimization Software 105

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. A means of optimizing Supply Chain performance in which the manufacturer is responsible for maintaining the distributor’s inventory levels.

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

AIMMS

MAY 6, 2019

Rather than sub-optimizing business performance by focusing on the achievement of individual functional targets, the aim of the S&OP process is to optimize by ensuring that the decisions taken are informed by what is best for the total business. . A well-executed Sales and Operations Planning process should drive the following:

Supply Chain Planning Software 111

Supply Chain Planning Software Scenario Planning Supply Chain Software Modeling Software 111

Trinity Logistics

AUGUST 22, 2024

Definitely no to the last one!) 1960s Early Research and Optimism Early AI programs began to develop during this time. Common applications include facial recognition, object detection, medical image analysis, and autonomous vehicles. What is the history of AI? When did it start? What exactly is AI? Is it just ChatGPT?

Modeling Software 118

Modeling Software Optimization Software Optimal Sourcing Logistics Network Optimization Software 118

GlobalTranz

APRIL 22, 2015

Editor’s Note: Almost 14 months ago we wrote one of our most popular posts entitled, “ The History of Supply Chain and Logistics Management ” contained a bit of history, definitions, and a great infographic visually going through the history of supply chain and logistics management. What is a Logistics Framework?

Global logistics 116

Global logistics Material Savings Cost Reduction Supply Chain Planning Software 116

Logistics Viewpoints

JUNE 29, 2021

I like the simplicity and clarity of Informatica’s definition of data quality: Data quality refers to the overall utility of a dataset(s) as a function of its ability to be easily processed and analyzed for other uses. So, what is quality data? What makes good data go bad? And what can you do to stop it before it’s too late?

Data 109

Data Supply Chain Design Software Supply Chain Planning Software Digital 109

MTS Logistics

FEBRUARY 26, 2024

Let’s start with some definitions of what a freight forwarder is. This helps to get the best networking of affiliates, which is crucial to optimize cost efficiency. Freight forwarders are a middle ground between a freight broker and a third-party logistics company. Add Value to Your Business Finally, a freight forwarder is reliable.

Freight forwarding 111

Freight forwarding Negotiating Skills Freight Negotiate Pricing 111

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. Decisions The traditional approach to IBP usually consists of a monthly process & reviews consisting of multiple steps.

Supply Chain Planning Software 109

Supply Chain Planning Software Scenario Planning Supply Chain Design Software Modeling Software 109

Logistics Viewpoints

MARCH 4, 2021

Predictive analytics feeding scenario planning definitely gives a competitive edge when reacting to changes in the business environment. Optimizing supply and demand matching across the end-to-end supply chain. During the COVID-19 pandemic, one important capability was enabling scenario-planning capabilities. and Europe.

Supply Chain Planning Software 113

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

Ship Monk

MARCH 30, 2024

When ShipMonk started, one of the driving forces was shaking up the long-static logistics industry with innovation that would allow ecommerce brands to grow and scale optimally. If your ecommerce brand imports from international sources, this is definitely a reason why ShipMonk should be your 3PL of choice. Have more questions?

3PL 105

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

Talking Logistics

SEPTEMBER 7, 2017

In the early days of cloud TMS, there was some element of truth to this, mainly because those early versions lacked optimization capabilities, but that’s no longer the case, which brings us to the next misconception. Access to data was another consideration.

Optimization Software 72

Optimization Software Modeling Software Logistics Network Optimization Software Optimization Modeling 72

10xLogistics

MAY 14, 2024

I am continuing my series on simple definitions and thoughts in Supply Chain Management. Demand planning is a critical component of supply chain management that predicts customer demand to optimize inventory, ensure on-time deliveries, and manage production schedules efficiently. And why it is so underused I will never understand.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Modeling Software Scenario Planning 62

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 and the Garbage In, Garbage Out Problem. These constraints need to be understood.

Supply Chain Planning Software 142

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 142

Talking Logistics

APRIL 27, 2017

The primary objectives of the initiative are: To provide prospective and existing USERS of transportation management systems with ongoing insights, analysis, and advice about the vendor landscape and the latest developments in the market, with an emphasis on new product innovations and “Profiles in Excellence” case studies.

Supply Chain Planning Software 81

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Vendor Strategies 81

Logistics Viewpoints

JANUARY 31, 2022

Let’s put a major multinational – Saint-Gobain – under the microscope to illustrate how this kind of analysis. The 2030 roadmap is targeting a reduction in CO2 emissions of 33% for scopes 1 and 2, and of 16% for scope 3, versus 2017 ( definition for scopes 1, 2, and 3 ). Transport optimization is done in several ways.

Material Savings 109

Material Savings Cost Reduction Price Reduction Expense Reduction 109

CLX Logistics

FEBRUARY 22, 2024

From optimizing operational efficiency to maximizing cost savings, organizations must navigate a complex landscape of competing priorities and evolving market dynamics. Organizations leverage AI-powered tools to automate routine tasks, extract actionable insights from large datasets, and optimize real-time procurement strategies.

Optimal Sourcing 52

Optimal Sourcing Procurement Supply Chain Software Negotiating Skills 52

EazyStock

MAY 11, 2021

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC classification (otherwise known as ABC analysis ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

Inventory Reduction 52

Inventory Reduction Inventory How To Procurement Solutions 52

Logistics Viewpoints

DECEMBER 1, 2022

Let’s take a look at what happened with the major themes, as well as the research and analysis we conducted in 2022 to help determine what those themes will look like in 2023. The verdict would have been “definitely nailed it” if we were counting all of the “ML-washing” going on in the supply chain and logistics technology market.

Cost Reduction 118

Cost Reduction Resource Reduction Supply Chain Planning Software Logistics Network Optimization Software 118

Logistics Viewpoints

APRIL 15, 2021

In my Logistics Viewpoints article in January 2021, “ The New Definition of Supply Chain Agility and Resilience in an Unpredictable World ”, I highlighted that modern supply chains must be built on a foundation of extreme agility and responsiveness. The Key to Long-Term Success: Build Agility, Resilience and Profitability Together.

Supply Chain Planning Software 113

Supply Chain Planning Software Supply Chain Software Supply Chains Digital 113

Logistics Business Magazine

JULY 1, 2022

But this also means a door has opened for companies to walk through it and grab hold of new opportunities to optimize their business models. That is why we have conducted extensive surveys and analysis. Most definitely not on technology implementation as such. Q: Instead…? BB: But if course on the customer!

Supply Chain Planning Software 54

Supply Chain Planning Software Supply Chain Software Optimization Software Modeling Software 54

Logistics at MPEPS at UPV

MARCH 31, 2019

Definition of the scope It’s crucial not to lose alignment with the evolution of the business and the transformations that implies. Study of the environment This analysis allows to detect opportunities and threats. Previous steps in the design of distribution networks.

Distribution 40

Distribution Inventory Reduction Cost Reduction Networks 40

Conger

MARCH 28, 2024

Introduction to Fleet Management Fleet Management Definition Businesses across all sectors depend on commercial vehicles to transport people and products daily from cross-country delivery services to your neighborhood gas and oil provider. This data identifies inefficiencies, optimizes maintenance schedules, and improves productivity.

Optimization Software 72

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 72

Freightos

DECEMBER 28, 2023

Judah Levine December 28, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 7% to $1,659/FEU. Europe – N. America weekly prices dipped 6% to $2.09.

Negotiating Skills 77

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 77

3PL Links

JUNE 4, 2024

From definition to best practices for implementation, this article will cover every facet of logistics in e-commerce. Your logistics processes can be tracked and optimized with the help of tools like transportation management systems (TMS) and warehouse management systems (WMS). How can I improve the delivery time of my products?

Optimal Sourcing 48

Optimal Sourcing Logistics Network Optimization Software Optimization Software Supply Chain Software 48

Locus

OCTOBER 19, 2023

A thorough analysis of gameplay data illuminates areas needing enhancement, allowing teams to refine their approach and implement revitalized strategies during those crucial moments. So, how does all this connect to route optimization software? Read Also: The Definitive Guide To Logistics Route Optimization 3.

Handling 52

Handling Optimization Software Supply Chain Planning Software Cost Reduction 52

Logistics Bureau

DECEMBER 4, 2024

Besides purchasing, procurement also covers the initial planning and the definition of the product or service specifications for what you want to purchase, the search for appropriate suppliers, value analysis and the terms and conditions of supplier contracts. Are purchasing and procurement the same things in supply chain management?

Manufacturing Procurement 40

Manufacturing Procurement Procurement Solutions Eliminating Excel in Purchasing Purchasing Skills 40

AIMMS

MAY 6, 2019

Rather than sub-optimizing business performance by focusing on the achievement of individual functional targets, the aim of the S&OP process is to optimize by ensuring that the decisions taken are informed by what is best for the total business. . A well-executed Sales and Operations Planning process should drive the following:

Supply Chain Planning Software 62

Supply Chain Planning Software Scenario Planning Supply Chain Software Modeling Software 62