Logistics Bureau

SEPTEMBER 4, 2023

Have you conducted a cost-to-serve (CTS) analysis for your enterprise? And that is the sole purpose of cost-to-serve analysis. If you were going to say, “What is a cost-to-serve analysis?” Only a complete cost-to-serve analysis will expose these underlying issues unless they happen to be discovered incidentally.

Negotiating Skills 98

Negotiating Skills Purchasing Skills Cost Reduction Analysis 98

WorkWave

MARCH 4, 2025

Decile data analysis involves dividing a dataset into ten ranked segments called deciles, identifying someone’s likelihood to respond to marketing campaigns or find value from the services your company provides. For example , let’s consider a dataset of 100 lawn measurements in a given town. Heres another example.

Resource Reduction 64

Resource Reduction Waste Reduction Optimization Software Data 64

MTS Logistics

MAY 27, 2022

For example, recently Target was forced to write down the value of excess inventory that’s stuck in warehouses. The post Global Logistics Market Analysis: 2022 Summer Edition appeared first on More Than Shipping. However, the efforts to slow down inflation in the U.S. Furthermore, T.J.

Global logistics 105

Global logistics Analysis Negotiate Pricing Negotiating Skills 105

MTS Logistics

FEBRUARY 18, 2022

For example, for a small container ship between 0 and 4,000 TEUs, the unloading and loading time is three times higher than the most-efficient port. The main motivation of automation as I gave in the example above is productivity gains and lower handling costs. To give one example of the labor cost on the U.S.

Negotiating Skills 98

Negotiating Skills Analysis Supply Chain Software Automation 98

WorkWave

DECEMBER 2, 2024

For example, if delivery times consistently exceed targets, further analysis may reveal specific routes that require optimization or additional resources. 3) Customer Feedback and Behavior Analysis Understanding customer feedback is crucial for optimizing last-mile delivery.

Optimal Sourcing 106

Optimal Sourcing Cost Reduction Resource Reduction Waste Reduction 106

MTS Logistics

APRIL 15, 2022

Although we had seen many bad examples of the piling up strategy, due to lack of direction, these two ports are also now congested. The post Analysis: Should You Redirect Your Cargo and If So, Where? Due to the Port of Houston’s congested status, cargo that was traditionally was moving through Houston has been re-routed to U.S.

Analysis 98

Analysis Cargo Expense Reduction Supply Chains 98

The Lean Thinker

APRIL 20, 2020

At KataCon 2020, Steve Medland posed a problem that comes up fairly often: The default Toyota Kata process analysis (“grasp the current condition”) involves determining takt times and cycle times for the process, and a lot of processes don’t have an obvious repeating cadence. are an example of this.

Capacity 360

Capacity Tools Examples Presentation 360

Logistics Viewpoints

FEBRUARY 7, 2025

ITR Economics analysis shows rising and unmet demand for electric power from sustainability initiatives, coupled with the proliferation of data center construction ($27.3 For example, the global logistics automation market is expected to grow from $50 billion in 2023 to $120 billion by 2030, according to Allied Market Research.

Cost Reduction 85

Cost Reduction Inventory Reduction Price Reduction Supply Chain Planning Software 85

Logistics Bureau

JANUARY 21, 2025

Let’s look at my 7 truths of customer service that every business should consider; Most companies don’t truly know their customers’ service needs, though they think they do This often stems from insufficient customer interaction, lack of surveys, and limited performance measurement Even after working with thousands of businesses over (..)

Supply Chains 86

Supply Chains Logistics Network Optimization Software After-sales Ordering 86

Logistics Bureau

JANUARY 3, 2025

Quality and Detail of Data and its Analysis In some of our earlier posts, weve stressed the importance of simplicity in distribution network design , and we will return to that topic later in this article. It’s not a short list, so we’ll set it down here as a summary to help you with plans for analysis.

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Design Distribution Networks 75

MTS Logistics

MARCH 12, 2025

For example, numerous ports are still severely congested today. So, planning in advance, choosing the right partners that present options, doing an actual cost analysis, and keeping customers educated will be the key to overcome the challenges faced in 2025. The situation is not very different at destination ports either.

Cost Reduction 89

Cost Reduction Reliability Scenario Planning Logistics Network Optimization Software 89

MTS Logistics

OCTOBER 31, 2024

The emerald ash borer, a devastating wood-boring insect found in China and eastern Asia, is an example of a pest that is expensive to eradicate. For example, animals can contract foot and mouth disease after being exposed to just ten or more virus particles, and the disease spreads very fast. economy more than $1 billion annually.

Expense Reduction 103

Expense Reduction Resource Reduction Cost Reduction How To 103

Logistics Viewpoints

JUNE 26, 2024

So, when I learned that GIS can effectively be used for traffic analysis and management, my interest piqued. GIS is a powerful tool that enables the analysis and visualization of spatial data, allowing for the integration of geographical elements into transportation planning and management. How Does GIS Help?

Sourcing Strategies 124

Sourcing Strategies Optimization Software Optimal Sourcing Logistics Network Optimization Software 124

Logistics Viewpoints

FEBRUARY 19, 2025

For example, for one of YQN’s e-commerce customers, RPA technology enabled seamless integration with the customer’s ERP system, shipping company system, and supplier system, building an efficient intelligent logistics network. Dora Zhu is a Senior Research Analyst at ARC Advisory Group China.

Logistics Network Optimization Software 78

Logistics Network Optimization Software Optimization Software Cost Reduction Logistics 78

MTS Logistics

NOVEMBER 19, 2024

For example, the need for container shipping from China may decline if U.S. When it comes to international shipping and logistics, they typically have unanticipated economic repercussions. importers find themselves forced to relocate their sourcing to areas with lower tariffs on Chinese goods.

Cost Reduction 105

Cost Reduction Freight Price Reduction Sourcing Strategies 105

Logistics Viewpoints

JANUARY 29, 2025

I have recently completed the latest ARC Advisory Market Analysis on Global Trade Compliance, available here. Uyghur Forced Labor Prevention Act (UFLPA) and the European Unions Forced Labor Regulation (FLR) are prime examples of this tightening framework.

Compliance 114

Compliance Supply Chain Planning Software Study Supply Chain Software 114

WorkWave

MARCH 5, 2025

Industry Examples of Breaking Data Silos Cleaning Industry A university case study revealed that a cleaning service provider struggled with inconsistent scheduling and supply tracking across multiple locations. Security Industry A notable example in the security industry is the case of a leading provider of security services in North America.

Optimal Sourcing 86

Optimal Sourcing Waste Reduction Resource Reduction Sourcing Strategies 86

Logistics Bureau

DECEMBER 28, 2024

For example, switching from air to ocean freight for non-time sensitive shipments can reduce carbon emissions by up to 95% per unit shipped. This means consolidating shipments to max out load factors, using route optimization algorithms to minimize distance travelled, and shifting to lower emission transport modes. How can we help?

Resource Reduction 75

Resource Reduction Material Savings Supply Chain Design Software Supply Chain Planning Software 75

Logistics Bureau

DECEMBER 22, 2024

A KPI is a practical and objective measurement of progress, either: Towards a predetermined goal, or Against a required standard of performance It might help to think of a KPI as something like an instrument on a car dashboarda speedometer, for example. Why Are KPIs Important?

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

WorkWave

MARCH 27, 2025

Predictive Analytics for Proactive Decisions By utilizing historical data analysis and trends, companies can forecast future needs and challenges. This predictive analytics capability allows businesses to allocate resources effectively and prepare for potential disruptions before they impact day-to-day operations.

Sourcing Strategies 83

Sourcing Strategies Optimal Sourcing Resource Reduction Data 83

MTS Logistics

JANUARY 21, 2025

A prominent example of such a partnership is between Hapag-Lloyd and Maersk, announced in January 2024 and set to launch on February 1, 2025, under the name “Gemini.” In response to these pressures, major shipping companies are increasingly forming strategic alliances.

Resource Reduction 105

Resource Reduction Price Reduction Cost Reduction Maritime 105

Logistics Viewpoints

JUNE 8, 2022

I tend to use time series analysis as an anchor to my forecast, as I suspect many of you do. For example, in a recent CNBC interview Ben Bernanke noted that the Federal Reserve likely looked at the unemployment rate and total employment in early 2021 and inferred that there was plenty of slack in the labor market. Final Word.

Scenario Planning 126

Scenario Planning Analysis Events Purchasing Skills 126

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 111

Cost Reduction Price Reduction Expense Reduction Material Savings 111

Logistics Viewpoints

MARCH 27, 2025

The pace and scope of supply chain disruption are beyond human cognition, manual analysis, and consumer-grade spreadsheet tools. Human workers at the warehouse, for example, are guided by these AI agents, or co-pilots, as they complete their daily work via a user-friendly interface.

Supply Chain Planning Software 133

Supply Chain Planning Software Optimization Software Supply Chain Software Logistics Network Optimization Software 133

The Lean Thinker

FEBRUARY 4, 2021

We get into semantic arguments about “problem solving” as somehow different from “root cause analysis” and how the Improvement Kata is somehow distinct, again, from those activities. Nevertheless, you have to work diligently to see problems as they occur, respond to them, dig into causes (root cause analysis anyone?)

Modeling Software 195

Modeling Software Optimization Software Analysis Tools 195

SYSPRO Smarter ERP

APRIL 8, 2025

Industrial engineers have used heuristics-based rules, what-if analysis, and physics-based simulation to get predictive and prescriptive insights for several years. Choose a business case that has a narrow scope, for example, demand forecasting. In order to ensure a greater chance of success, companies need to do three things.

ERP 64

ERP Supply Chain Design Software Modeling Software Optimization Software 64

Logistics Bureau

DECEMBER 6, 2024

Looking to real-life examples for inspiration, we can ask, ‘Who does reverse logistics well?’ For regulators and the public, reverse logistics may be judged by how safe and how green the process is, for example, recycling products instead of throwing them into a landfill. Persuade the customer otherwise.

Reverse logistics 74

Reverse logistics Cost Reduction Vendor Strategies Inventory Reduction 74

Logistics Viewpoints

AUGUST 15, 2024

The digital twin, for example, can be subjected to numerous stress tests that mimic real-world conditions and observe how different variables interact and impact the entire network. For example, the analysis from stress testing can reveal a particular supplier or production resource is a frequent point of failure under high-demand scenarios.

Scenario Planning 124

Scenario Planning Supply Chain Planning Software Sourcing Strategies Optimal Sourcing 124

Logistics Viewpoints

JULY 17, 2024

Some of the key measurements that are important to the company include MTBF (mean time between failures/stops), average uptime, MTTR (mean time to repair), and other real-time data and analysis information. For example, most stops are minor stops, and an average production line stops 20,000 times per year.

Digital 126

Digital Procurement Analytics Manufacturing Procurement Modeling Software 126

Logistics Business Magazine

OCTOBER 10, 2024

Analysis of the supply chain The first step is to assess whether it makes sense to switch to reusable plastic packaging for your own application. What legal requirements must be observed with regard to transport and storage (for example in terms of fire protection concept)? These four steps should be followed when making a switch: 1.

Packaging 52

Packaging Material Savings Supply Chain Design Software Transportation 52

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

WorkWave

OCTOBER 17, 2024

Market Analysis Understanding your market is crucial for any business. For example, the global courier and local delivery services market is expected to grow at a CAGR of 4.7% For example, the global courier and local delivery services market is expected to grow at a CAGR of 4.7% Competitive Analysis : Who are your competitors?

Cost Reduction 52

Cost Reduction Logistics Network Optimization Software Transportation Purchasing Skills 52

IoT World Today

FEBRUARY 6, 2020

For industry participants, data analysis presents an opportunity to optimize railway operations without adding costly infrastructure. “We Data generated by IoT sensors enables ProRail to understand conditions it couldn’t previously, with human analysis alone. We have to invest in infrastructure,” Eringa said. Making Data One’s Own.

Efficiency 135

Efficiency Networks Optimization Software Training 135

Logistics Business Magazine

NOVEMBER 1, 2024

Black Friday only works as a great opportunity to offload discounted stock, for example, if the fulfilment process is super-efficient. Tools such as real-time shipment tracking can release knowledge workers from time wasted chasing information to focus on the analysis and planning required to optimise the business.

Supply Chain Software 54

Supply Chain Software Waste Reduction Supply Chain Planning Software Logistics Network Optimization Software 54

WorkWave

JANUARY 20, 2025

Lets explore how AI and BI empower these industries, using specific examples to illustrate their transformative potential. For example, AI can analyze employee engagement metrics, absenteeism patterns and feedback surveys to identify leading indicators of employee retention challenges. Were excited to share more on this later.

Optimization Software 65

Optimization Software Security Data Industry 65

Trinity Logistics

OCTOBER 31, 2021

For one example, a TMS can analyze many batch shipments based on various sophisticated parameters and can determine the most cost-effective route plan for your shipment. A TMS can make recommendations for you on different factors like least-cost mode analysis, freight consolidation options, and continuous move opportunities.

Optimization Software 126

Optimization Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 126

Logistics Viewpoints

AUGUST 29, 2024

Dynamic Slotting involves the use of software and algorithms to perform velocity and affinity analysis, in a real-time, ever adapting fashion, through the use of artificial intelligence and machine learning. By conducting a velocity analysis, the software can categorize products based on their demand and importance.

Waste Reduction 119

Waste Reduction Optimal Sourcing Sourcing Strategies Resource Reduction 119