MTS Logistics

MAY 27, 2022

The new problems stem from the recent port lockdowns, factory closures in Asia, a slow down in production, and mixed signals on U.S. For example, recently Target was forced to write down the value of excess inventory that’s stuck in warehouses. consumer demand despite increasing inflation. Furthermore, T.J. Let’s not forget U.S.

Global logistics 83

Global logistics Analysis Negotiate Pricing Negotiating Skills 83

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 141

Supply Chain Planning Software Scenario Planning Supply Chain Software Supply Chains 141

Conger

JANUARY 27, 2023

Automation is the process of minimizing manual labor using machines Automation includes using various equipment and control systems such as factory processes, machinery, boilers, heat-treating ovens, steering, etc. Examples are industrial robots and multipurpose CNC machines.

Supply Chain Software 52

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

Logistics Viewpoints

APRIL 3, 2023

Orders can be cancelled, rush orders come in, factory machines go down, port congestion occurs, and so forth. For example, a suggestion from the system might be to transfer 96,154 units of a stock keeping unit to a distribution center in Denver to fill a projected backorder. Allocation is a good example of this.

Supply Chain Planning Software 168

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 168

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 178

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 178

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 Bureau

NOVEMBER 14, 2018

Too much leads to resources being monopolised on gathering tons of data and a subsequent risk of “paralysis by analysis” Cost to Serve (CTS) is an approach that helps you avoid both extremes. Besides optimising the present or fixing the past, CTS reporting and analysis opens the door to what-if scenarios and projections.

Purchasing Skills 99

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 99

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. The supply chain design solution, for example, continues to grow in depth and usability. Building a new factory or warehouse takes time and is capital intensive.

Supply Chain Design Software 134

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 134

Logistics Viewpoints

SEPTEMBER 4, 2023

That factory also aims to rapidly process the raw materials into product. Any shipment moving from Siloam Springs to Bentonville, Arkansas, for example, would be one lane. This made the data analysis easier. This made the data analysis “painful.” Simmons always does an ROI analysis prior to purchasing a solution.

Procurement Solutions 136

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 136

Logistics Viewpoints

JULY 19, 2021

When a plan is created for one business function, like manufacturing for example, that plan effects things like customer service levels, profitability, cash flows, staffing and many other things. Finally, after collaboration and further analysis, the annual plan is agreed to. What does that mean?

Supply Chain Planning Software 165

Supply Chain Planning Software Scenario Planning Negotiating Skills Logistics Network Optimization Software 165

GlobalTranz

OCTOBER 20, 2016

Manufacturers Can Re-evaluate Factory Processes. . Since the skills gap reflects changes in how manufacturers operate, it represents the opportunity for manufacturers to re-evaluate their current factory processes, including a wide, diverse group of job positions, explains ThomasNet.

Buyer Training 95

Buyer Training Resource Reduction Cost Reduction Material Savings 95

MTS Logistics

MAY 13, 2024

One major example is semiconductors. Per their analysis for the last 15 years, the risk level went up from 2.0 It’s worth even checking where/how companies’ main factories are doing sourcing from and de-risking sourcing by switching (if possible) to areas where threat levels are much lower.

Manufacturing Procurement 89

Manufacturing Procurement Price Reduction Military Analysis 89

SYSPRO Smarter ERP

JUNE 21, 2022

There are many causes, for example, container ships from Asia are now too large to traverse the Panama Canal (20 years ago they were not), so they offload on the West Coast of the United States and are compelled to truck all goods to the East Coast. The analysis is mostly on point; however, the blame does not lie with Lean.

Supply Chain Planning Software 105

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

SYSPRO Smarter ERP

SEPTEMBER 20, 2021

For example, before the pandemic, companies could get by with analog machines, paper-based systems, and disconnected point solutions. This real-time data can inform faster, more accurate decisions about capacity analysis, work-in-process (WIP), inventory, and advanced planning. The pandemic made that impossible.

Manufacturing Procurement 110

Manufacturing Procurement Optimal Sourcing Optimization Software Digital 110

Logistics Bureau

OCTOBER 10, 2022

For example, you can optimise for cost, profit, or service, but not for all of them. The second is when you implement segmentation of the SKUs in your portfolio based on Pareto analysis. For example, inaccurate forecasts typically lead to: Overstocking — a problem that ties up working capital and can lead to inventory obsolescence.

Inventory Reduction 124

Inventory Reduction Inventory Optimization Modeling Optimization Software 124

Logistics Viewpoints

FEBRUARY 26, 2024

And the reasons spanned from a global chip shortage, to embargoes, to factory fires, to natural disasters. For example, when a UPS strike was looming last year, the Interos solution automatically highlighted Cooper’s strategic suppliers that relied on UPS for shipping. A customer of the risk solutions begins by listing key suppliers.

Supply Chain Planning Software 165

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 165

SYSPRO Smarter ERP

MARCH 21, 2022

It seems that manufacturers found it much quicker and cheaper to increase inventories than build regional factories. Risk analysis is becoming an important part of SCM. For example, looking at how low-level processes could be automated can free staff up to deal with more complex issues.

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 116

GlobalTranz

APRIL 20, 2021

Those factories with essentially zero inventory of critical components were forced to close or drastically scale back. For example, GlobalTranz’s Cost Prediction Model provides intelligence on pricing and market trends via a live dashboard. Pricing may vary significantly based on carriers and lanes and capacity constraints.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

Logistics Viewpoints

MARCH 21, 2021

At AGCO when there is an allocation of supply decision to be taken, there is just one person communicating with a particular supplier and telling them how the tight supply will be allocated among the AGCO factories. From Mr. Toornman’s perspective, you can’t have a playbook for every possible risk contingency.

Supply Chain Planning Software 161

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 161

WorkWave

FEBRUARY 18, 2021

Additionally, you can refine and streamline analysis tools to collect the exact data you need. For example, if a furnace is not running properly, AR can help technicians understand which part they are looking at without having to take it out or apart. Examples of Automation in Skilled Trades. Augmented and Virtual Reality.

Buyer Training 105

Buyer Training Optimization Software Automation Inventory Reduction 105

Trinity Logistics

JUNE 19, 2019

For example, after the 2011 Thai floods, there was a global shortage of computer hard drives that sent consumer prices skyrocketing until factories were able to get back up and running. When the 2011 tsunami struck, several major car manufacturers were forced to shut down production at factories throughout Europe and the U.S.

Supply Chain Planning Software 73

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 73

GlobalTranz

JANUARY 17, 2017

For example, the analysis of procurement processes and expense trends might help companies select alternative or new suppliers, change the flow of supplies to optimize delivery time tables and enhance payment processes, such as double billing complaints. VR tends to replace the entire image.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

SYSPRO Smarter ERP

JANUARY 19, 2022

For example, one of the main problems with Asian-US trade is that all container ship deliveries are now routed to the West Coast, even though the bulk of America’s manufacturers are based on the East Coast. The supply chain of the future will be built on data and the ability to get all that data as and when you need it.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 105

MTS Logistics

MARCH 20, 2024

For example, we are currently facing issues in the Red Sea that disrupt trade in amounts to what would be close to 15%. That could mean a factory in Germany that sells goods to the U.S. Either example would not be good for any of the players. Whatever comes our way, we can surely adapt to. timing is of the essence.

Networks 83

Networks Supply Chain Software Supply Chains Examples 83

GlobalTranz

NOVEMBER 17, 2016

Each of these elements more traditionally handles by outsourcing analysis of processes to supply chain consultant. For example the operational efficiency of a given loading is directly related to how quickly Pickers are able to fulfill orders and move them onto the dock. Transportation modes used in procurement and shipping.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Software Procurement Solutions Supply Chain Design 115

Logistics Business Magazine

NOVEMBER 19, 2020

Forensic profitability analysis for small and global businesses alike is available at a click with today’s supply chain software, as Paul Hamblin discovers. This is where data software vendor The Information Factory came in. So, for example, we might have too much business on particular lanes.

Supply Chain Software 53

Supply Chain Software Logistics Network Optimization Software Factories Data 53

Turvo

DECEMBER 21, 2021

According to a new analysis , Deloitte expects the semiconductor shortfall to endure until early 2023. Staff in Shanghai Pudong, for example, were required to work for seven days, quarantined at a hotel for seven days, and then quarantined at home for seven days more. Coronavirus outbreak in India. of year-to-date trade.

Events 82

Events Supply Chain Software Supply Chains Logistics Network Optimization Software 82

Logistics Viewpoints

JANUARY 31, 2022

Let’s put a major multinational – Saint-Gobain – under the microscope to illustrate how this kind of analysis. New acquisitions, for example, won’t lead to a prorated calculation that factors out emissions from the acquired company from the carbon target. Who is Saint-Gobain? Compagnie de Saint-Gobain S.A.

Material Savings 138

Material Savings Cost Reduction Price Reduction Expense Reduction 138

Logistics at MPEPS at UPV

MAY 11, 2022

Suppliers use predictive analysis based on the purchasing patterns of their customers to determine the amount of raw materials needed at any moment. Warehouse planning depends on a thorough analysis of the purchasing patterns and information from your stock, suppliers, warehouses and market trends.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 52

MTS Logistics

OCTOBER 4, 2021

Importers have been scrambling to find ways to get their cargo from origin factories to their warehouses and ship them out for the Christmas season. For example, the Port of Savannah went from one of the best-performing posts to one of the most-congested in a matter of weeks. after dropping for four consecutive months.

Supply Chain Planning Software 87

Supply Chain Planning Software Supply Chain Software Supply Chains Negotiating Skills 87

MTS Logistics

APRIL 8, 2022

Factories in Shanghai have closed and the situation is not yet improving. For example, companies can work with their suppliers to ensure that they have alternate shipping routes available. With China continuing to push for a Zero-Covid policy, even in the face of skyrocketing numbers, the sprawling city of Shanghai has shut down.

Supply Chains 83

Supply Chains Scenario Planning Factories Inventory 83

Talking Logistics

SEPTEMBER 11, 2017

It is also my go-to example when I try to explain supply chain and logistics to my kids. “Do Why doesn’t the ice cream melt when it gets transported from the factory? Take one of the questions above, for example: Can a single truck deliver multiple types of food products together or do they get delivered via separate trucks?

Optimal Sourcing 64

Optimal Sourcing Optimization Modeling Optimization Software Optimization 64

Logistics Bureau

DECEMBER 6, 2024

Looking to real-life examples for inspiration, we can ask, ‘Who does reverse logistics well?’ However, remember that products or subassemblies that never made it out of the factory may need to travel backwards one or more stages along the supply chain. Reverse logistics is therefore worth doing, and worth doing properly.

Reverse logistics 62

Reverse logistics Cost Reduction Vendor Strategies Inventory Reduction 62

SYSPRO Smarter ERP

NOVEMBER 13, 2023

One of the big challenges facing manufacturers is inadequate reporting and analysis capabilities. Some of the key differences between the systems are: ERP software focuses on process management and automation, while BI software focuses on data analysis and visualization.

ERP 64

ERP Manufacturing Procurement Inventory Reduction Optimal Sourcing 64

Blue Grace Logistics

JUNE 17, 2020

It can take years to rebuild factories and get them operating at optimum capacity. 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

MTS Logistics

FEBRUARY 16, 2024

Chinese New Year is a one-week event, but most factories are closed for a month which means the interruption of new orders. We saw a good example of this when the carriers implemented additional fees during Covid at U.S. This is a temporary fee, and it would get removed when the risk is over.

Freight 83

Freight Cost Reduction Inventory Reduction Scenario Planning 83

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 . Production planning and factory scheduling.

Supply Chain Planning Software 52

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