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 78

Cost Reduction Inventory Reduction Price Reduction Supply Chain Planning Software 78

The Logistics of Logistics

FEBRUARY 11, 2022

You are Experiencing Rapid Growth : Changes in demand on your resources can make it difficult to maintain customer service levels. Your Current WMS Technology is Simply Too Old : A “Burning Platform” is increasingly difficult to maintain and very hard to modify for new requirements. WMS Software Cost Drivers.

Modeling Software 221

Modeling Software Logistics Network Optimization Software Cost Reduction Vendor Strategies 221

WorkWave

MARCH 27, 2025

Predictive Analytics for Proactive Decisions By utilizing historical data analysis and trends, companies can forecast future needs and challenges. Investing in robust warehouse solutions like Wavelytics’ Data Factory is crucial for organizations looking to drive growth and maintain a competitive edge.

Sourcing Strategies 82

Sourcing Strategies Optimal Sourcing Resource Reduction Data 82

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

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. As a result, security firms might need to adjust their pricing strategies to maintain profit margins.

Cost Reduction 110

Cost Reduction Price Reduction Expense Reduction Material Savings 110

Logistics Bureau

JANUARY 20, 2025

What are some examples of Supply Chain Automation? You’ll see your inventory holding costs drop as smart systems maintain optimal stock levels, while intelligent routing algorithms slash transportation expenses. What are the benefits of supply chain automation?

Supply Chain Software 75

Supply Chain Software Supply Chain Design Software Supply Chain Design Supply Chains 75

WorkWave

JANUARY 20, 2025

For these companies, maintaining profitability while protecting their margins hinges on operational efficiency and the strategic use of data. Lets explore how AI and BI empower these industries, using specific examples to illustrate their transformative potential. Cleaning and security businesseseven thinner.

Optimization Software 64

Optimization Software Security Data Industry 64

The Logistics of Logistics

JULY 7, 2019

A cold chain is a temperature-controlled supply chain for perishable food products, pharmaceuticals, and chemicals in order to maintain their quality and increase their shelf-life. FSMA applies to: Food transported in bulk, where the food touches the walls of the vehicle (Example: juices). Root cause analysis. Risk management.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 150

MTS Logistics

MARCH 10, 2025

That benefit even goes for fine wine produced by France as well; cheaper wines were very heavily taxed to maintain a slower flow of the product in order to boost the production and sale of beer in Britain. For example, when colored TVs first hit the market, the prices for Australians were virtually unaffordable.

After-sales 89

After-sales Course Examples Definition 89

Logistics Viewpoints

APRIL 10, 2024

A resilient supply chain can maintain its functionality and performance, minimize losses, and adapt to changing conditions. Robustness is the ability of a supply chain to resist disruptions and maintain its normal operations. These dimensions are briefly defined and illustrated below.

Supply Chain Planning Software 131

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 131

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. Increased Scalability Abilities.

Supply Chain Software 107

Supply Chain Software Supply Chains Resource Reduction Cost Reduction 107

3PL Links

NOVEMBER 19, 2024

Data analysis and application of artificial intelligence are some examples of practices expected at this level of logistics outsourcing. The existence of 3PL, 4PL, and 5PL operators allows businesses to maintain very high-quality standards and expand their products and/or services with the support of specialized partners.

4PL 62

4PL Optimal Sourcing 3PL Sourcing Strategies 62

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 Viewpoints

AUGUST 29, 2024

Warehouse Space Optimization Real-time monitoring and analytics play a critical role in maintaining warehouse efficiency. The ability to make data-driven decisions in real-time is invaluable for maintaining a high level of operational efficiency. Product slotting is a complex problem.

Waste Reduction 117

Waste Reduction Optimal Sourcing Sourcing Strategies Resource Reduction 117

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

TransAudit

FEBRUARY 13, 2025

Use tools to automate root cause analysis and reduce dependency on manual reporting. Maintain regular updates to ensure alignment and accountability. Examples include: Labor Planning: Optimize workforce productivity based on real-time data. ” To achieve this: Implement predictive analytics to anticipate disruptions.

Supply Chain Software 59

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

Logistics Viewpoints

OCTOBER 9, 2024

For companies operating globally, quick access to accurate product information can help avoid penalties and maintain trust. Environmental Protection Agency focuses on lifecycle analysis and waste management. For example, sustainability regulations in the EU and other regions are becoming more stringent.

Compliance 111

Compliance Digital Sourcing Strategies Waste Reduction 111

CH Robinson Logistics

AUGUST 17, 2021

But there are a few proven best practices shippers can use to better navigate the current challenges: Maintain a flexible approach and be open to different options. To stay on top of this market, global shippers must commit to maintaining a flexible approach toward moving their freight. For example, for one C.H.

Supply Chain Software 133

Supply Chain Software Cargo Supply Chains Logistics Network Optimization Software 133

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. Data Analysis Grew Exponentially, Providing More End-to-End Visibility and Continuous Improvement. Data analysis is the companion of cloud-computing technologies.

Supply Chain Design Software 59

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

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 131

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 131

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

Freightos

JUNE 17, 2024

With new entrants coming into the LogTech market at a fast pace, the question many incumbents are asking themselves is: “How can we maintain our competitive position and build a ‘moat’ in our space?” This approach helps maintain a focus on what they do best — innovating and leading in their specific domain.

Modeling Software 119

Modeling Software Optimization Software Logistics Network Optimization Software Cost Reduction 119

MTS Logistics

MAY 10, 2024

For example, if a vessel is delayed due to adverse weather, port operators can adjust resource allocation accordingly. For example, predictive analytics can alert maintenance teams to potential issues with cranes or conveyor belts. Regular maintenance prevents unexpected breakdowns and ensures that equipment remains operational.

Supply Chain Software 119

Supply Chain Software Supply Chain Planning Software Optimization Software Automation 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. Analysis of Trends and Recommendations.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

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

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

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.

eCommerce 105

eCommerce Operations Inventory Reduction Modeling 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

EazyStock

FEBRUARY 18, 2020

Let’s take a look at an example. In the example above, the EOQ determined that the warehouse would be placing orders for fidget spinners approx. But as items move through the product lifecycle and demand shifts and you are calculating EOQ for potentially thousands of SKUs, finding and maintaining EOQ becomes a much bigger challenge.

Ordering 95

Ordering Purchasing Skills How To Inventory 95

MTS Logistics

JULY 21, 2023

According to a 2020 analysis by the Insurance Information Institute, these disruptions cost firms an average of $1.45 Statistics and Examples 1. Through these actions, they can mitigate potential losses, maintain the smooth flow of international trade, and safeguard their financial and operational interests. million per event.

Cost Reduction 92

Cost Reduction Document Expense Reduction Supply Chains 92

Talking Logistics

NOVEMBER 6, 2018

The following is an example of a Mass Balance evaluation results for an Apple iPad. From this chart you can quickly see the different characteristics of the product to help in decision making: Mass Balance Example: iPad (source: GEODIS). You may also have functional parts that can be sold and reused.

Optimal Sourcing 73

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Material Savings 73

GlobalTranz

NOVEMBER 12, 2015

Performance management is basically how an organization manages potential problems and maintains standards within the workforce. For example, drivers are expected to arrive on time, maintain docking schedules, and avoid dead time. Monitoring shipping processes for inefficiencies rests at the core of data collection and analysis.

Data 91

Data Vendor Strategies Logistics Network Optimization Software Expense Reduction 91

Logistics Business Magazine

AUGUST 12, 2021

Omnichannel, where a consumer, for example, might buy online, collect in store and pick up another item there, then return something by mail. Supply chains must therefore be flexible enough to manage this while maintaining prices, or profitability will fall. New sourcing options are needed to maintain choice and increase efficiency.

Supply Chains 67

Supply Chains Purchasing Skills Sourcing Strategies Price Reduction 67

IoT World Today

MAY 24, 2021

The global supply chain, for example, has been hit hard over the past 15 months, creating supply shortages and imbalanced demand. The cybercommunity will be front and center in determining how resilient our supply chains will be going forward,” said Andrea Little Limbago, vice president of research and analysis at AI SaaS company Interos.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Software Supply Chains Modeling Software 105

FreightWaves SONAR

JULY 24, 2023

For example, according to Global Trade Magazine , “One critical factor that executives should monitor closely is logistics management. Knowing freight costs in advance is essential to keep total landed costs in check Understanding transportation freight costs and current freight rates for lanes must be the primary goals of cost analysis.

Cost Reduction 105

Cost Reduction Tips Expense Reduction Supply Chain Planning 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 141

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 141

Logistics Bureau

NOVEMBER 25, 2024

This can typically be on a weekly, daily or even hourly basis if you want a more in-depth analysis. Maintaining optimal inventory levels is important if you want peak warehouse efficiency, as excess inventory can cause additional costs and operational issues. An example of Warehouse Throughput (& why it’s important!)

Packing 74

Packing Inventory Reduction Picking Cost Reduction 74