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 144

Supply Chain Planning Software Scenario Planning Supply Chain Software Supply Chains 144

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 157

Scenario Planning Supply Chain Planning Software Sourcing Strategies Optimal Sourcing 157

Logistics Viewpoints

FEBRUARY 20, 2024

Optimal sourcing plant is different for different periods A baseline optimization model shows that depending on the period (month), the optimal sourcing location varies. For example, Colorado should be serviced by the plant in Texas in certain months and by the California plant during others.

Supply Chain Design Software 156

Supply Chain Design Software Sourcing Strategies Supply Chain Design Inventory Reduction 156

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 151

Waste Reduction Optimal Sourcing Sourcing Strategies Resource Reduction 151

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 157

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Optimal Sourcing 157

Logistics Viewpoints

OCTOBER 9, 2024

As businesses face tighter regulations on product safety, sustainability, and ethical sourcing, Digital Product Passports (DPPs) are becoming crucial for navigating these challenges. Environmental Protection Agency focuses on lifecycle analysis and waste management. For example, businesses in the U.S.

Compliance 130

Compliance Digital Waste Reduction Sourcing Strategies 130

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 99

Manufacturing Procurement Price Reduction Military Analysis 99

SYSPRO Smarter ERP

MARCH 20, 2024

Common issues include: Lack of data-source integration. The ability to gather and compare data from multiple sources is vital to making real-time decisions. Storage costs increase significantly when you duplicate data across multiple sources. In recent years, the amount of data available to most companies has exploded.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Expense Reduction Cost Reduction 105

Transporeon

MARCH 13, 2017

Procurement professionals, if you are considering a transition from manual and Excel-based RF(x) to online automated e-sourcing platforms, here is the information you need to mitigate fear, uncertainty and doubt in your supplier base. But feedback from suppliers on the available procurement automation platforms tends toward the negative.

Sourcing 48

Sourcing Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 48

Logistics Viewpoints

JULY 17, 2023

For example, it can look like imports from China are cheaper than the same goods imported from Mexico if a company is not relying on analysis produced by an advanced good global trade compliance (GTC) system. Global trade compliance really needs to be part of companies strategic sourcing programs. For example, the U.S.

Supply Chain Planning Software 121

Supply Chain Planning Software Compliance Supply Chain Software Optimization Software 121

Logistics Viewpoints

SEPTEMBER 19, 2023

The bullwhip effect is one example of this disruptive effect, when small changes in demand cause huge demand spikes downstream. Table 1 describes a few examples of these types of risks. Examples of disruptive risks are suppliers going out of business or shipwrecks that result in the loss of cargo containers.

Supply Chain Design Software 156

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 156

Logistics Viewpoints

MAY 13, 2024

This technology allows businesses to unify their procurement, expense management, invoicing, payments, sourcing, contract management, and spend analysis processes and reporting. A solution needs to be trained on the right data, on data that has been ethically sourced.” What Coupa has is really unique.

Procurement Solutions 148

Procurement Solutions Modeling Software Procurement Analytics Logistics Network Optimization Software 148

The Logistics of Logistics

FEBRUARY 11, 2022

If new hardware is required, it can often be sourced from the WMS vendors. But as these are largely commodity devices, a smart strategy can be to source this hardware separately, with the advice and recommendations from the WMS vendor. Often, a company already has some existing hardware that can be re-purposed with the new WMS.

Modeling Software 221

Modeling Software Logistics Network Optimization Software Cost Reduction Vendor Strategies 221

3PL Links

NOVEMBER 19, 2024

Image source: Pexels | 3PL vs. 4PL vs. 5PL: Understanding the Key Differences Between Logistics Providers The peculiar evolution of business in the last two years has brought a new perspective on 3PL, 4PL , and 5PL logistics providers.

4PL 62

4PL Optimal Sourcing 3PL Sourcing Strategies 62

Logistics Viewpoints

APRIL 3, 2023

This is combined with data from external sources on weather, logistics lead times, and sustainability performance. They are designed to have minimal impact on the performance of the underlying source systems. Allocation is a good example of this. These crawlers never stop working.

Supply Chain Planning Software 171

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 171

MTS Logistics

JUNE 7, 2024

Some examples of those new types of ships as follows: Wind-Assisted Propulsion Ships 1. They can switch between different power sources (e.g., It can be produced from renewable energy sources. Significant reductions are necessary to offset the increase in emissions due to the expected growth in seaborne trade.

Industry 81

Industry Sourcing Strategies Optimal Sourcing Maritime 81

MTS Logistics

JANUARY 31, 2024

Suppose that a small percentage of the total container ships in service worldwide continue to transition to greener fuel sources over the next few decades. Traditional alternative fuel sources have been somewhat unreliable on a consistent basis. Traditional alternative fuel sources have been somewhat unreliable on a consistent basis.

Modeling Software 92

Modeling Software Study Supply Chain Software Sourcing 92

MTS Logistics

NOVEMBER 19, 2024

For example, the need for container shipping from China may decline if U.S. importers find themselves forced to relocate their sourcing to areas with lower tariffs on Chinese goods. This change causes imbalances in international shipping routes, with some seeing congestion and others seeing a decline in demand.

Cost Reduction 78

Cost Reduction Freight Price Reduction Sourcing Strategies 78

3PL Links

JULY 8, 2024

Image source: Medium | Top 5 Essential Tips for Mastering Efficient Logistics Management Efficient logistics management is critical to the success of companies that rely on this sector for their operations. Big Data Analysis As we just discussed, using precise and structured data facilitates crucial decision-making for leaders.

Sourcing Strategies 48

Sourcing Strategies Tips Efficiency Supply Chain Planning Software 48

Logistics Viewpoints

MARCH 8, 2021

Mr. Frasquet is the executive director of corporate procurement, although his responsibilities include a much broader set of supply chain responsibilities than just sourcing. For example, go to the Walmart, turn right, and it is the third house on the left. From a process perspective, an analysis is not enough.

Supply Chain Design Software 172

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Supply Chain Software 172

Trinity Logistics

AUGUST 22, 2024

In the 2000s, big data came into play, giving AI access to massive amounts of data from various sources. Common Forms of AI Computer Vision Face recognition is one example of Computer Vision. Common applications include facial recognition, object detection, medical image analysis, and autonomous vehicles.

Modeling Software 91

Modeling Software Optimization Software Optimal Sourcing Logistics Network Optimization Software 91

Logistics Viewpoints

SEPTEMBER 18, 2024

Major automation companies were considered in the analysis by exploring their value proposition in terms of what hardware, software, and services they provide to the industry. Honeywell UOP, for example, offers their own advanced OpCycle Process, which introduces a revolutionary plastics recycling technology to drive a circular economy.

Supply Chain Planning Software 135

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Modeling Software 135

SYSPRO Smarter ERP

NOVEMBER 8, 2021

For example: Japan earthquake 2016. One source reports disruptions increased over 60% between 2019 and 2020. Source: McKinsey. This may even suggest much larger safety stocks and in some cases, a whole new sourcing agreement. Review sourcing and suppliers. US-China trade war 2018. Suez Canal blockage 2021.

Supply Chain Planning Software 116

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

3PL Links

MARCH 29, 2023

Image Source: Pexels | Exploring Top 10 Logistics Trends for 2023 and Beyond The adoption of new technology will modernize your company, ensure strong competitive advantages, and make jobs that before looked difficult efficient and productive. Image Source: Pexels | Exploring Top 10 Logistics Trends for 2023 and Beyond 6.

Trends 107

Trends Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 107

Logistics Viewpoints

MAY 29, 2024

GTC solutions automate the discovery, creation, retention, analysis, and communication of information about international supply chains that is of importance to customs and other government authorities responsible for regulation and taxation of cross-border trade. But paying the right tariffs is far from simple. HS codes are non-intuitive.

Compliance 153

Compliance Supply Chain Software Optimal Sourcing Optimization Software 153

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

SYSPRO Smarter ERP

JUNE 9, 2022

Here’s an example. The BI tool needs to be able to easily pull all this data together for analysis. Bringing in additional outside data sources can make analysis even more powerful by enabling one to look at a question from a more holistic point of view. ERP and business intelligence.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Software 98

Logistics Viewpoints

FEBRUARY 26, 2024

Everything from contrast dye, to tubing, to medical devices with embedded semiconductor chips would suddenly become difficult to source. 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.

Supply Chain Planning Software 168

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 168

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

Talking Logistics

NOVEMBER 6, 2018

Mass Balance Principles (source: GEODIS). Steps for an efficient Mass Balance are: Mass Balance Steps (source: GEODIS). The following is an example of a Mass Balance evaluation results for an Apple iPad. His responsibilities include process optimization, cost saving analysis and new solutions implementation.

Optimal Sourcing 60

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Material Savings 60

Logistics Viewpoints

AUGUST 14, 2023

The large fines above are examples of this class of penalties. For example, the U.S. Finally, in making sourcing decisions, global trade compliance needs to be part of companies strategic sourcing programs. When it comes to fines, there are two classes of fines.

Compliance 114

Compliance Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies 114

Logistics Viewpoints

JANUARY 4, 2023

The research process includes an analysis of large amounts of information and interviews with executives from numerous warehouse automation providers; and concludes with the publication of ARC’s research study. Numerous media sources have noted warehouse automation project cancellations. Growth Inhibitors. Plans for the 2.8

Supply Chain Software 173

Supply Chain Software Automation Supply Chain Planning Software Purchasing Skills 173

3PL Links

FEBRUARY 13, 2023

How to Innovate Your Supply Chain Management: What You Need to Know | Image Source: Axestrack Organizations must prioritize supply chain management and implement strategies to increase its efficiency if they want to compete in the market. Ikea’s packaging design is a well-known example to help with this matter. How to innovate?

Supply Chain Design Software 62

Supply Chain Design Software Optimal Sourcing Supply Chain Design Supply Chain Software 62

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.

Supply Chain Design Software 57

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 57

MTS Logistics

AUGUST 23, 2023

They are investing in renewable energy sources, reforestation projects, and carbon offset programs. Carbon neutrality has become a badge of honor, attracting eco-conscious consumers and setting an example for smaller businesses to follow suit. The future of e-commerce undeniably belongs to the green movement.

Supply Chain Design Software 88

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 88

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. For example, cancellations of orders fall if long term lead time information is more detailed. New sourcing options are needed to maintain choice and increase efficiency. Own the total.

Supply Chains 68

Supply Chains Purchasing Skills Sourcing Strategies Price Reduction 68

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Supply chain planning involves interaction with different types of information based on internal and external data sources. These data sources are often spread across multiple platforms and come in various formats.

Supply Chain Planning Software 166

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 166