Logistics Viewpoints

SEPTEMBER 19, 2023

Risk events that happen in one part of the supply chain can cause a disruptive effect that is amplified multi-fold given the complex connectivity of labor, raw materials, and capacity. The bullwhip effect is one example of this disruptive effect, when small changes in demand cause huge demand spikes downstream.

Supply Chain Design Software 151

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MTS Logistics

MAY 13, 2024

Secretary of Defense Robert Gates was the main guest at the event and had a different threat in mind. One major example is semiconductors. Per their analysis for the last 15 years, the risk level went up from 2.0 I was at the TPM meeting back in early 2024. levels into 2.4 – an increase of 20%.

Manufacturing Procurement 94

Manufacturing Procurement Price Reduction Military Analysis 94

Material Handling and Logistics

JANUARY 8, 2018

These events also caused supply chain disruptions — although not all the effects may have been fully realized yet,” he said. Hurricane Maria, which slammed into Puerto Rico on September 20, 2017, is a prime example of a catastrophe that reverberates through supply chains. Economic situation can cause product or labor shortages.

Supply Chains 142

Supply Chains Cost Reduction Examples Events 142

Logistics Viewpoints

FEBRUARY 26, 2024

Buying organizations use this technology to monitor and analyze supplier risk events in real-time. These are big data platforms that monitor news sources and assorted databases from governments, financial institutions, ESG NGOs, and other sources to detect when a negative event has occurred or may be about to occur.

Supply Chain Planning Software 163

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 163

Logistics Viewpoints

SEPTEMBER 4, 2023

That processing event determines when the goods need to be delivered to the next stop. It was quickly determined that a procurement event was necessary just to set a baseline. Procurement ran a request for proposal event. Any shipment moving from Siloam Springs to Bentonville, Arkansas, for example, would be one lane.

Procurement Solutions 133

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 133

Trinity Logistics

AUGUST 22, 2024

The conference is seen as the founding event of AI. This significant event was the first widely recognized successful application of Deep Learning. Common Forms of AI Computer Vision Face recognition is one example of Computer Vision. Machine Learning (ML) Predictive analytics is one example of Machine Learning.

Modeling Software 91

Modeling Software Optimization Software Optimal Sourcing Logistics Network Optimization Software 91

Logistics Viewpoints

APRIL 4, 2024

Another example of data normalization is accounting for lost sales due to stockouts or waste of perishable products due to overstocking of inventory. For example, the demand for the Chocolate Peanut Butter Cup will behave much more similarly to the flavor of Chocolate than Rainbow Sherbert. Wouldn’t it be cool to know within minutes?

Scenario Planning 151

Scenario Planning Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 151

Logistics Business Magazine

JULY 13, 2022

According to the survey, 44% of respondents have a general sense of potential climate change risks based on previous events. However, the past is not a good predictor of future climate change events, as the severity and impact of events will escalate. Lack of Foresight is Biggest Challenge.

Supply Chain Planning Software 55

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling Software 55

GlobalTranz

JANUARY 16, 2017

Modern supply chains are evolving beyond anyone’s expectations due to increased use of cloud-computing technologies, wearables and advanced data analysis. Moreover, cloud technology enables global access to information, explains Ship Rocket, so companies can ensure continued uptime regardless of local events or issues.

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Software Supply Chain Design Analysis 59

WorkWave

MAY 8, 2024

The data collected over time allows for trend analysis, enabling continuous route optimization for improved efficiency. For example, integrating your GPS device with route optimization software enables managers to monitor whether drivers exceed speed limits, thus reinforcing safety protocols and reducing the likelihood of accidents.

Optimization Software 105

Optimization Software Optimization Data Vendor Strategies 105

Trinity Logistics

JANUARY 19, 2024

That is one example of a public version of Generative AI. For example, a robot in a warehouse that results in a physical action, or it could just be something as small as, if this event takes place, then make this phone call or change this data. Biggest one is data analysis. Public AI We talked about ChatGPT.

Supply Chain Software 111

Supply Chain Software Logistics Network Optimization Software Modeling Software Supply Chains 111

MTS Logistics

OCTOBER 12, 2022

MTS Logistics recently held an educational environmental training and cleanup event on the beach in Izmir, Turkey. We equipped every event participant – young and old – on how to be the change they want to bring to the world, and how to actually perform the steps needed to make a difference. We had a lot of fun.

Training 83

Training Logistics Network Optimization Software Events Supply Chain Software 83

AIMMS

FEBRUARY 26, 2020

While this creates tremendous value , it also br ings the inevitable risk that certain event s can have far-reaching consequences that influence supply chain s more than ever before. Let’s explore some example s. . Most often , these events force demand and resource usage to fluctuate.

Supply Chain Planning Software 146

Supply Chain Planning Software Supply Chain Design Software Scenario Planning Supply Chain Software 146

Ship Monk

FEBRUARY 9, 2024

Accurate data forecasting requires accurate data, robust data analysis tools, and people who understand how to use them. For example, if you’re introducing a new product and there are no similar products to draw historical data from, qualitative research is a must to reduce risk. Analyze past and current sales trends.

eCommerce 105

eCommerce Operations Inventory Reduction Modeling Software 105

SYSPRO Smarter ERP

MAY 2, 2024

The other emerging area around AI in ERP focuses on trend analysis and forecasting. Here are some real-world examples of AI use cases in manufacturing: Improve data processing and analytics by recognizing context and generating valuable predictions and insights to help manufacturers make better decisions and optimize their performance.

ERP 59

ERP Supply Chain Planning Software Modeling Software Optimization Software 59

Logistics Viewpoints

APRIL 15, 2021

At our Blue Yonder ICON event later in April this year and 3PL Execution Forum in June, 3PL and 4PL companies will explain how they are leveraging innovations as an advantage. An example is carrier network services for executing a cohesive set of first-, middle- and last-mile operations and optimizing common carriers and fleets.

Supply Chain Planning Software 159

Supply Chain Planning Software Supply Chain Software Supply Chains Digital 159

Logistics Business Magazine

JULY 20, 2021

Thanks to in-depth analysis and clear visualisation, the time required for function checks, service requests and troubleshooting in the event of a fault is reduced considerably. Thanks to the smart network with the manufacturer, users can also send service reports directly to EFAFLEX if they wish. Doors communicate in a network.

Cost Reduction 73

Cost Reduction Logistics Network Optimization Software Networks Analysis 73

WorkWave

DECEMBER 2, 2024

For example, if delivery times consistently exceed targets, further analysis may reveal specific routes that require optimization or additional resources. For example, if delivery times consistently exceed targets, further analysis may reveal specific routes that require optimization or additional resources.

Optimal Sourcing 52

Optimal Sourcing Cost Reduction Resource Reduction Waste Reduction 52

Logistics Business Magazine

JUNE 15, 2022

“With a return to more traditional events, Peli BioThermal is excited to continue to deliver these industry-leading online learning modules.”. Part 2: A worked example of the methodology. Part 2: A worked example of the methodology. Analysis of shipper performance using performance curves.

Webinar 56

Webinar Availability Tracking and Tracing Supply Chain Design 56

Logistics Viewpoints

FEBRUARY 16, 2021

This example illustrates why supply chain visibility isn’t enough. Not only do you need to be able to know the full impact of events and decisions across your supply chain, you need to be able to shift plans seamlessly to maintain responsiveness. Why transparency is better than visibility. Agility to act on transparency.

Supply Chain Planning Software 184

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 184

FreightWaves SONAR

JULY 24, 2023

As the industry struggles to recover from the unprecedented global events of 2020, recognizing budget limitations is essential for industry growth and success. For example, according to Global Trade Magazine , “One critical factor that executives should monitor closely is logistics management.

Cost Reduction 105

Cost Reduction Tips Expense Reduction Supply Chain Planning Software 105

IoT World Today

MAY 21, 2020

If we’re going to be able to prepare for these types of events in future, we have to identify appropriate sources of information that we should focus on all the time — not just when [crisis] manifests,” said Randy Bradley, associate professor of information systems and supply chain management at the University of Tennessee.

Supply Chain Planning Software 145

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

MTS Logistics

JULY 21, 2023

According to a 2020 analysis by the Insurance Information Institute, these disruptions cost firms an average of $1.45 million per event. Statistics and Examples 1. However, supply chain disruptions caused by document delays or loss can have severe financial consequences for businesses. million per incident.

Cost Reduction 68

Cost Reduction Document Expense Reduction Supply Chains 68

WorkWave

SEPTEMBER 14, 2022

For example, AI in pest control allows organizations to optimize chemical distribution routes, automate marketing, and deploy drones to eliminate pests in hard-to-reach places. Competitor Analysis Tools. Competitor analysis is a regular step for most businesses during the product lifecycle. Alone, a CRM can only store data.

Optimization Software 52

Optimization Software Tools Resource Reduction Material Savings 52

Blue Grace Logistics

JUNE 17, 2020

These disruptions are like black swan events which no one can forecast or plan for in advance. For example, according to reports , the 2011 earthquake and Tsunami in Japan had caused grave damage to infrastructure and manufacturing facilities in the country. Will the analysis help in mitigating risks from black swan events?

Supply Chain Planning Software 71

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 71

IoT World Today

FEBRUARY 6, 2020

IoT World is North America’s largest IoT event where strategists, technologists and implementers connect, putting IoT, AI, 5G and edge into action across industry verticals. For industry participants, data analysis presents an opportunity to optimize railway operations without adding costly infrastructure. “We Book your ticket now. ].

Efficiency 135

Efficiency Networks Optimization Software Training 135

Freightos

JULY 30, 2024

Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Typhoon Gaemi wreaked havoc in the form of evacuations and deadly mudslides and flooding across the Philippines and Taiwan on Thursday and parts of southeast China into Friday. Europe – N.

Price Reduction 108

Price Reduction Supply Chain Software Data Freight 108

Logistics Business Magazine

JUNE 25, 2024

Take Germany, for example: the “Trends in Logistics & SCM” study conducted by the German Logistics Association BVL in 2023 shows that cost pressure was the most important topic for decision-makers in 2016, but in 2023 it only ranks fourth. Things were different a few years ago. Sometimes very successfully.

Supply Chain Design Software 56

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 56

Logistics Viewpoints

FEBRUARY 8, 2022

For example, they might browse products online, but visit a brick-and-mortar store to finalize their selection. As just one example, Nike’s online sales grew by 75% in 2020 — but its profit margins fell from 45.5% due to the higher costs associated with online selling. Transportation: Moving to a Digital Environment.

Optimal Sourcing 120

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 120

Blue Grace Logistics

MAY 10, 2021

These disruptions are like black swan events which no one can forecast or plan for in advance. For example, according to reports , the 2011 earthquake and Tsunami in Japan had caused grave damage to infrastructure and manufacturing facilities in the country. Will the analysis help in mitigating risks from black swan events?

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 62

MTS Logistics

MAY 6, 2024

Things change easily and the logistics supply chain is still fragile and affected by unexpected events worldwide. The Covid Pandemic, Suez Canal attacks, Panama Canal drought, low water levels, and the Baltimore bridge collapse are just a few examples of current events which are changing the logistics supply chain’s common dynamics.

Document 86

Document Freight forwarding Logistics Network Optimization Software Events 86

Logistics Viewpoints

JANUARY 26, 2021

Geopolitical events. including digital control towers fueled by artificial intelligence (AI), data science and analytics, strategic product segmentation, inventory management, operations intelligence and analysis, strategic sourcing, and effective pricing and promotions management. A Positive Example. Natural disasters.

Supply Chain Software 169

Supply Chain Software Supply Chain Planning Software Definition Supply Chains 169

Logistics Viewpoints

MARCH 4, 2021

Maintaining all past and future promotional events in a database. Maintaining outlier events that have influenced demand patterns or supply availability . Modeling the impact of weather events. Automatic identifying and removing outlier events from the historical data. Having accurate stock-out data.

Supply Chain Planning Software 164

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 164

MTS Logistics

NOVEMBER 29, 2023

” A recent example of low water levels can be seen in the Amazon River. When we face decreasing or increasing water levels, extraordinary natural events, and disasters, these connections can quickly break. We saw this very clearly during the Covid pandemic.

Logistics Network Optimization Software 82

Logistics Network Optimization Software Logistics Events Article 82

GoShip Blog

JUNE 16, 2021

AI in supply chain and operations can efficiently handle data for analysis and automated functions. In particular, AI can help in demand forecasting, warehousing, and logistics route optimization: By efficient collection and analysis of information and inventory processing . Saves time and operation costs. Enhancing productivity.

Supply Chain Planning Software 52

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

MTS Logistics

OCTOBER 4, 2023

For example, the New York Times is out with a new article on wind energy and how it can help shipping in the near future as climate change becomes a major focus. Additionally, wind turbines and related equipment can easily be damaged in tropical weather systems or certain weather events.

Definition 83

Definition Article Cost Reduction Events 83

Logistics Business Magazine

MARCH 1, 2021

With the joint software solution, location, identification, and sensor data from the shop floor can be transferred in real-time into relevant events for production control and can be processed and made available using AI methods. An example for this could be the entry of an AGV into defined areas.

Optimization Software 42

Optimization Software Optimal Sourcing Logistics Network Optimization Software Manufacturing Procurement 42