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 164

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Supply Chain Software 164

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 150

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

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 148

Scenario Planning Supply Chain Planning Software Sourcing Strategies Optimal Sourcing 148

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 162

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 162

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

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 146

Waste Reduction Optimal Sourcing Sourcing Strategies Resource Reduction 146

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 136

Supply Chain Planning Software Scenario Planning Supply Chain Software Supply Chains 136

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 148

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 148

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

JANUARY 26, 2021

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.

Supply Chain Software 170

Supply Chain Software Supply Chain Planning Software Definition Supply Chains 170

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 164

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 164

Freightos

DECEMBER 20, 2022

Sources: U.S. Well, an analysis of US import container volumes 1 as a share of consumer spending 2 in 2021 and 2022 to date implies that every $1,000 in ocean freight costs per forty-foot container accounts for 0.09% of personal consumption expenditures each year. Between May and September of 2021 alone rates tripled.

Purchasing Skills 62

Purchasing Skills Analysis Cost Reduction Freight 62

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 139

Procurement Solutions Modeling Software Procurement Analytics Logistics Network Optimization Software 139

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

Logistics Viewpoints

JUNE 29, 2021

When you’re ingesting and synthesizing data from dozens or hundreds or millions of sources (as most sophisticated platforms do nowadays), you will see duplicated records, incomplete fields, formatting inconsistencies, different languages, different units of measurement. And better data science leads to better business outcomes for customers.

Data 152

Data Supply Chain Design Software Supply Chain Planning Software Digital 152

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 113

Supply Chain Planning Software Compliance Supply Chain Software Optimization Software 113

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

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 91

Manufacturing Procurement Price Reduction Military Analysis 91

The Logistics of Logistics

APRIL 26, 2022

Michelle Sodomka, a Senior Director in charge of Open Sky Group ’s transportation management practice has 15 years’ experience in risk analysis and mitigation within the logistics industry. Not all experts on freight logistics are quite so optimistic that we will have fully autonomous trucks on the road by 2024 like TuSimple is claiming.

Logistics Network Optimization Software 221

Logistics Network Optimization Software Trucking Freight Supply Chain Planning Software 221

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 122

Compliance Digital Sourcing Strategies Waste Reduction 122

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 165

Supply Chain Software Automation Supply Chain Planning Software Purchasing Skills 165

Material Handling and Logistics

JANUARY 22, 2019

It has developed technology which uses AI-powered big data analysis to enable accelerated development of recovery plans when disasters occur. -- UK property company Landsec has reduced its energy intensity by 14.3% (kWh/m2) by introducing energy savings initiatives; a reduction which equated to estimated cost savings of GBP£2.8 million (US$3.6

Material Savings 107

Material Savings Manufacturing Procurement Purchasing Skills Cost Reduction 107

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 172

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 172

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. This often gives what is called a “whale curve” of accumulated net profits that shows how: Image Source: [link]. Returns management.

Purchasing Skills 92

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 92

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 160

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 160

GlobalTranz

APRIL 20, 2021

A resilient supply chain incorporates alternative sources, carriers, routes, and other characteristics so that it can flex in response to a situation. To increase resiliency, consider broadening the supplier base and adding local or near-shore sources. 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

GlobalTranz

NOVEMBER 19, 2015

Data originates from one of two primary sources: individual sensors gathering data or manual entry of data. In automated data gathering, which is driven by the Internet of Things through radio frequency identification chips or other automated data capture, data is aggregated from thousands of sources. Origination of Data.

Data 77

Data Sourcing Strategies Optimal Sourcing Transportation 77

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

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

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 145

Compliance Supply Chain Software Optimal Sourcing Optimization Software 145

AIMMS

AUGUST 3, 2020

However, one-third of SCP leaders cite “the lack of effective decision making in the S&OP meeting process as the most critical problem to solve for their function’s overall performance” (source: Gartner, Improve S&OP Decision Making Through Scenario Planning , Supply Chain Research Team, 4 May 2020).

Scenario Planning 159

Scenario Planning Supply Chain Planning Software AIMMS Gartner 159

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

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

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

AIMMS

NOVEMBER 2, 2020

This can result in different teams using different data formats, diverging results from data analysis, and hence poorly aligned decision making. In such cases, it’s hard to align the team around a common source of truth. Let’s take the example of a large fiber manufacturer. S&OP Maturity Matrix.

Supply Chain Planning Software 127

Supply Chain Planning Software Purchasing Skills Cost Reduction Optimal Sourcing 127

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 84

Modeling Software Study Supply Chain Software Sourcing 84