WorkWave

JANUARY 21, 2025

For example, if an employee works 40 hours at regular pay plus 10 hours of overtime, they will not pay federal income tax on those overtime hours. Impact of Policy Proposals: An Industry-Specific Analysis 1. Similarly, service workers who receive tips will keep this income tax-free.

Cost Reduction 110

Cost Reduction Price Reduction Expense Reduction Material Savings 110

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

Logistics Viewpoints

AUGUST 15, 2024

Companies can also test-drive their supply chains by introducing the uncertainty of events that are difficult, if not impossible, to predict with accuracy. These events can range from minor supply disruption or canceled shipments to significant black swan events. suppliers impact your ability to deliver.

Scenario Planning 124

Scenario Planning Supply Chain Planning Software Sourcing Strategies Optimal Sourcing 124

Logistics Viewpoints

SEPTEMBER 19, 2024

For example, running a batch process that now takes 8 hours instead of 12 does not translate into supply chain agility. Planners spend considerable time preparing scenario planning and not the actual analysis. Executing the scenario fast provides diminishing returns when non-value-added tasks take up most of the planner’s day.

Supply Chain Planning Software 121

Supply Chain Planning Software Scenario Planning Supply Chain Software Supply Chains 121

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

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

WorkWave

APRIL 30, 2025

Myth 4: Historical Data Is More Valuable Than Real-Time Insights While historical analysis certainly has value, over-reliance on backward-looking metrics creates blind spots to current conditions. The most effective approach combines historical trend analysis with real-time monitoring to gain both perspective and immediacy.

Resource Reduction 74

Resource Reduction Cost Reduction Expense Reduction Inventory Reduction 74

WorkWave

APRIL 15, 2025

For example, Data Factory offers integrated solutions within the Wavelytics platform to truly make this a simplified business intelligence engine that outperforms manual analysis methods. Practical Benefits for Field Service Operations 1.

Optimization Software 92

Optimization Software Data Optimal Sourcing How To 92

Conger

JANUARY 27, 2023

Examples of automation range from a household thermostat to a large industrial control system, self-driven vehicles, and warehousing robots. Examples are industrial robots and multipurpose CNC machines. For example, full warehouse automation to support event-driven, mission-critical system delivery.

Supply Chain Software 52

Supply Chain Software Examples Supply Chain Design Software Supply Chain Planning Software 52

Talking Logistics

MARCH 27, 2019

He cites as current examples capacity issues, the need for efficient supply chains, which Jim says, “are great until they break,” and customer empowerment, such as customers’ desire to have their orders delivered next day. Along with that, a key capability is ‘what if’ analysis. Another factor that often gets overlooked is automation.

Optimization Software 121

Optimization Software Optimization Modeling Optimization Supply Chain Planning Software 121

TransAudit

FEBRUARY 13, 2025

As Josh Dritz, VP of Operations Technology and Automation at Messen Medical Surgical, pointed out, Geopolitical factors, extreme weather events, labor issues, and pandemics are just a few of the challenges that constantly threaten supply chains. Use tools to automate root cause analysis and reduce dependency on manual reporting.

Supply Chain Software 59

Supply Chain Software Supply Chain Planning Software Supply Chains Inventory Reduction 59

Logistics Viewpoints

DECEMBER 14, 2023

Doing so helps organizations detect market shifts and makes supply chain decisions more forward-looking than an analysis of the past, present, and at best, a tactical view of the future. By identifying these gaps, you can create sourcing events to close them. <br>- Organize sourcing events to address gaps.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Optimal Sourcing 130

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

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 118

Modeling Software Optimization Software Optimal Sourcing Logistics Network Optimization Software 118

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 111

Manufacturing Procurement Price Reduction Military Analysis 111

GlobalTranz

JULY 23, 2015

Previously, analysis of data gathering required both a data entry clerk and a person to conduct data analysis. The cloud, in conjunction with the Internet of Things , has enabled rapid collection of data from various resources and analysis of this data. Advancement in Analytics Capabilities.

Supply Chain Software 107

Supply Chain Software Supply Chains Resource Reduction Cost Reduction 107

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 98

Training Logistics Network Optimization Software Events Supply Chain Software 98

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 119

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 119

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 115

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 115

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 132

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 132

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 127

Supply Chain Software Logistics Network Optimization Software Modeling Software Supply Chains 127

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 116

Supply Chain Planning Software Supply Chain Software Supply Chains Digital 116

Logistics Viewpoints

JANUARY 16, 2025

OpenAI’s “12 Days of OpenAI” event showcased its continued efforts to enhance its competitive position in the AI market. Key announcements from the event include: Introduction of ChatGPT Pro : This broadened the usage of frontier AI. For example, OpenAI has received $11.3 billion in funding.

Modeling Software 119

Modeling Software Supply Chain Design Software Optimization Software Supply Chain Planning Software 119

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. For example, a subtle change in hydraulic pressure may still permit the machine to operate. In some cases, human intervention and input will be completely eliminated.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

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 124

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 124

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 126

Scenario Planning Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 126

3PL Links

DECEMBER 3, 2023

Predictive Analysis in Logistics and Supply Chain: How to Apply | Image source: Pexels In logistics, predictive analysis is simply the process of identifying and forecasting patterns, trends, and behaviors in both human and machine learning approaches, data, and algorithms. This ratio increased to 54% in 2022.

Supply Chain Planning Software 48

Supply Chain Planning Software Optimal Sourcing Analysis Supply Chain Software 48

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 97

Cost Reduction Document Expense Reduction Supply Chains 97

GlobalTranz

NOVEMBER 19, 2015

This is where metrics becomes necessary for the analysis and monitoring of data. However, metrics may also be applied to the algorithmic analysis of data to identify what data needs to be removed, clarified, or analyzed in further detail. For example, incoming deliveries may be delayed due to inclement weather.

Data 77

Data Sourcing Strategies Optimal Sourcing Transportation 77

GlobalTranz

NOVEMBER 11, 2016

For example, does location A offer more benefits than location B. In this example, location A is located outside of shopping center with few restaurants. In other words, they have actually used data analysis to realize what does and does not improve profit margins. This is exactly the point behind big data. .

Supply Chain Software 92

Supply Chain Software Supply Chains Data Sourcing Strategies 92

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 119

Supply Chain Software Definition Supply Chain Planning Software Supply Chains 119

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

GlobalTranz

AUGUST 5, 2015

However, return merchandise authorization may include several different aspects of service-after-sale, such as warranty management, service agreements, analysis of returns, and management of end-of-life equipment, vendor management, and replacement. Let’s take a look into how RMAs function and some common examples of RMA policy.

Resource Reduction 90

Resource Reduction Vendor Strategies Reverse logistics Cost Reduction 90

Trinity Logistics

JUNE 19, 2019

In this blog, we’ll go over the economic and supply chain impacts that result from these events and how you can best prepare your supply chain. When these natural events happen, numerous businesses find their supply chains shook. Impacts on the economy and supply chains. Severe weather has exponential impacts on our global economy.

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 91

SYSPRO Smarter ERP

NOVEMBER 8, 2021

But for that special class of disruption, the low-probability, high-impact events like natural disasters, epidemics and other upheavals, organizations don’t know how to mitigate the risk and successfully manage their supply chains, and are now trying to find their way through the minefield of issues and challenges with no clear solution.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 116

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

Logistics Viewpoints

FEBRUARY 28, 2022

Lead times, for example, are a critical form of master data for planning purposes. The processing units in an oil refinery, for example, operate at high temperature and high pressure. One example of the value of machine learning in demand planning comes from Mahindra & Mahindra. 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