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

Logistics Viewpoints

JUNE 4, 2024

It serves as a compelling example of how retailers must reassess their inventory strategies to adapt to rapidly shifting market demands driven by trends. In this blog, I will explore the use of AI/ML inventory planning for fresh products to optimize sales while minimizing waste and stockouts.

Inventory Reduction 121

Inventory Reduction Supply Chain Planning Software Inventory Waste Reduction 121

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 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

Logistics Viewpoints

APRIL 4, 2024

In this blog, I will discuss the use of AI/ML demand planning for fresh products to help maximize sales and reduce waste. Another example of data normalization is accounting for lost sales due to stockouts or waste of perishable products due to overstocking of inventory. Wouldn’t it be cool to know within minutes?

Scenario Planning 126

Scenario Planning Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 126

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. AI can help manufacturing ERP systems in optimizing the use of materials and resources, reducing waste and lowering costs. Select the right tool.

ERP 62

ERP Supply Chain Design Software Modeling Software Optimization Software 62

GlobalTranz

JULY 28, 2021

That means identifying areas of waste, overlap and large volumes and enabling continuous improvement through the use of transportation metrics to track performance. Using an offshore vendor to manufacture a component for a larger automotive assembly is a typical example.

Optimal Sourcing 126

Optimal Sourcing Optimization Software Optimization Supply Chain Design Software 126

Logistics Bureau

JANUARY 20, 2025

What are some examples of Supply Chain Automation? Instead of “just-in-case” stockpiling, you’ll have a system that knows exactly what you need and when you need it with predictive analysis based on your previous data. 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

GlobalTranz

MAY 6, 2015

Eliminate All Waste in the Supply Chain So That Only Value Remains. In the supply chain, the seven wastes translate to: o System complexity—additional, unnecessary, steps and confusing processes. In the supply chain, the seven wastes translate to: o System complexity—additional, unnecessary, steps and confusing processes.

Supply Chain Planning Software 127

Supply Chain Planning Software Waste Reduction Inventory Reduction Supply Chain Software 127

Talking Logistics

NOVEMBER 6, 2018

The valuable recoveries in electronic waste are usually gold in connectors and circuit boards, copper used in heat sinks and power supplies, aluminum used in frames, chassis and cases. The hazardous materials in electronic waste are usually Lithium used in batteries, mercury used in backlight displays or lead used in soldering.

Optimal Sourcing 74

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Material Savings 74

Trinity Logistics

AUGUST 4, 2020

Examples of basic reports include freight spend totals, shipment statuses, and shipment volume reports. Advanced reports can include accountability, analyzed freight spend, lane analysis, and carrier performance to name a few. Lane Analysis Reports. Money is often wasted on unknown and unnecessary expenses.

Supply Chain Planning Software 90

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chains 90

GlobalTranz

SEPTEMBER 3, 2015

A thorough analysis of Design for Manufacture and Assembly (DFMA) is just one tactic you can use to find success within the constructs of the chain. In this way, the company can run at higher profit margins while minimizing waste of all kinds. Assembly Analysis. Manufacturing Analysis.

Cost Reduction 101

Cost Reduction Supply Chain Design Software Supply Chain Design Material Savings 101

Logistics Bureau

MAY 31, 2021

For example: Compared to selling a product in-store, the cost to deliver that same item as a small parcel can be several times higher. The above examples reflect costs that include picking, packing, and last-mile delivery. Waste – which can be time-related, or associated with stock damages or loss. Rework – due to errors.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

Log-hub

FEBRUARY 12, 2025

The Future of Matrix-Based Optimization The Future of Matrix-Based Optimization AI and machine learning (ML) take matrix-based analysis to new heights. For example, a global retailer can use a tensor-based approach to manage product demand across multiple warehouses, optimizing stock levels dynamically.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimal Sourcing 52

FreightWaves SONAR

DECEMBER 3, 2020

Shippers also need a way to look beyond the enterprise’s four walls to understand waste. Wasted warehouse space leads to higher overhead. For example, just-in-time fulfillment models, drop-shipping, and cross-docking avoid wasted space. For example, market conditions show shippers’ rate trajectories.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Software Modeling Software Logistics Network Optimization Software 76

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. Manufacturing resources need to be deployed, coordinated and managed in such a way that they help the company do what it wants to do without wasting resources. I should know. I grew up in manufacturing.

Manufacturing Procurement 110

Manufacturing Procurement Optimal Sourcing Optimization Software Digital 110

GlobalTranz

JANUARY 21, 2015

However, all are well worth employing to seek that holy grail of pushing out waste, inefficiency, and most importantly resources (time and money) out of your supply chain. Reverse marketing starts first with Value Analysis. Your team should have recorded all Value Analysis ideas in detail to get back to the Supplier by (date).

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

Log-hub

JANUARY 8, 2025

Maybe its switching to local suppliers, using electric vehicles for deliveries, or reducing waste in packaging. JOIN NOW Prioritize Cost-to-Serve Analysis Do you know the true cost of serving each customer? Many businesses waste resources on low-profit customers or processes. Where to start? Why it’s worth your time?

Optimal Sourcing 40

Optimal Sourcing Waste Reduction Inventory Reduction Resource Reduction 40

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. Either way, mindlessly reordering items based solely on EOQ may be a waste of your resources if you are already holding items in a different stocking location. C o = cost per order.

Ordering 95

Ordering Purchasing Skills How To Inventory 95

Material Handling and Logistics

AUGUST 10, 2018

But I often see companies that have more cutting tools, for example, than they need. This kind of overstocking can easily result in losses from waste or theft and force overbuying. This kind of overstocking can easily result in losses from waste or theft and force overbuying. Too Little. Too Costly.

Negotiate Pricing 90

Negotiate Pricing Negotiating Skills Purchasing Skills Procurement Solutions 90

Logistics Viewpoints

OCTOBER 9, 2024

Environmental Protection Agency focuses on lifecycle analysis and waste management. For example, sustainability regulations in the EU and other regions are becoming more stringent. For example, businesses in the U.S. Conducting a thorough analysis of these rules helps identify the data that needs to be captured.

Compliance 114

Compliance Digital Sourcing Strategies Waste Reduction 114

Automotive Logistics

APRIL 30, 2018

In general, an IoT supply chain solution involves a wireless tracking system coupled with a cloud-based monitoring and analysis platform. Different sensors, for example, can send an immediate alert if a shipment of fragile automotive parts experiences harmful handling or if sensitive components experience a temperature excursion.

Supply Chain Planning Software 58

Supply Chain Planning Software Supply Chain Software Waste Reduction Cost Reduction 58

ShipLilly

AUGUST 6, 2020

For example, small businesses are sometimes called upon to compete with large corporations that are supported by a world of experience and seemingly endless resources. Data and process analysis are part of the puzzle. You must pay careful attention to your distribution network, SKU analysis, and SKU management.

Cost Reduction 79

Cost Reduction Optimization Software Analysis Inventory Reduction 79

GlobalTranz

SEPTEMBER 8, 2017

In essence, digital supply chains aim to minimize waste and bring greater profits, whilst being truly efficient system. Examples of such technologies are GPS tracking, barcodes, radio frequency identification (RFlD), smart labels and wireless sensor networks. Proper research and analysis.

Supply Chain Software 83

Supply Chain Software Supply Chains Digital Waste Reduction 83

MTS Logistics

AUGUST 23, 2023

Carbon neutrality has become a badge of honor, attracting eco-conscious consumers and setting an example for smaller businesses to follow suit. E-commerce businesses are exploring ways to extend the life cycle of products, reduce waste, and encourage customers to return items for recycling.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 98

Carter Logistics

DECEMBER 20, 2018

Here are three examples of how sub-par supply chain management can harm your business: Mismanaged Implementation – Changing a supply chain management system takes financial investment, time, and human resources. Industry-leading logistics providers focus on continual analysis.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Software Supply Chains Waste Reduction 60

Ship Monk

APRIL 28, 2023

In addition to satisfying conscientious consumer demand, eco-friendly efforts can benefit your ecommerce business by reducing waste within your company and improving operational efficiencies. If products have a longer delivery window they can travel by ground transportation instead of air, which drastically reduces energy waste.

eCommerce 97

eCommerce Waste Reduction How To Material Savings 97

Ship Monk

FEBRUARY 24, 2024

For example, ShipMonk customizes logistics services and associated fees to the unique needs of every client. In the previous example, you have the physical weight that extra travel inventory creates in your luggage that you have to lug around. You never want to cut corners on these, or any, crucial areas of your ecommerce brand.

eCommerce 105

eCommerce Inventory Reduction Tips Waste Reduction 105

Logistics Viewpoints

SEPTEMBER 4, 2023

This makes Simmons highly efficient – little of a processed bird goes to waste. 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.” They are vertically integrated.

Procurement Solutions 115

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 115

Logistics Bureau

OCTOBER 9, 2023

Quality and Detail of Data and its Analysis In some of our earlier posts, we’ve 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 98

Supply Chain Design Software Supply Chain Design Distribution Networks 98

GlobalTranz

NOVEMBER 19, 2018

Besides, these risks are much more serious (for example, there were about 134,000 reported cyber-attacks on businesses in 2017 , or almost 50 percent increase from 2016). For example, Supply & Chain Executive reported that there were 260 major natural disasters in 2016 that resulted in an economic loss of $211 billion.

Supply Chain Design 75

Supply Chain Design Supply Chains Scenario Planning Optimal Sourcing 75

Logistics Bureau

APRIL 15, 2016

So those faster moving products using this principle we can categorise as A, and so on, through B and to C the slower the sales rate is, we call this ABC analysis. To do this analysis, considerations of the product characteristics such as product velocity, dimensions, cube, crushability, toxicity etc. Product Travel Requirements.

Waste Reduction 73

Waste Reduction Supply Chain Planning Software Cost Reduction Inventory Reduction 73

Logistics Bureau

NOVEMBER 6, 2023

For example, could some areas of your warehouse be adapted via racking optimisation to store higher inventory volumes? For example, you could reduce human labour by deploying robotic equipment or other forms of direct automation. LMS applications can help with real-time workforce tracking, performance analysis, and scheduling.

Cost Reduction 98

Cost Reduction Purchasing Skills Waste Reduction Material Savings 98

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 105

Inventory Reduction Inventory Optimization Modeling Optimization Software 105

GlobalTranz

SEPTEMBER 15, 2016

While the desire to leave well-enough alone is understandable, this approach can lead to poor decision making and can result in the waste of resources. You also leave yourself open to the potential nasty surprise of learning how much money you were actually wasting while you thought you were saving by avoiding outlays on IT.

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Software Supply Chain Technology Supply Chains 91

WorkWave

DECEMBER 16, 2024

Improved Treatment Precision Drones offer high precision in applying pesticides, ensuring chemicals are only delivered to necessary areas, thus minimizing waste and environmental impact. Drones can optimize resource usage by applying treatments specifically to affected areas rather than uniformly across entire fields, thus reducing waste.

Cost Reduction 52

Cost Reduction Resource Reduction Optimization Software Waste Reduction 52

GlobalTranz

OCTOBER 5, 2015

Thus, in the global supply chain, exploiting the opportunity presented by the Internet of Things technology can improve: revenue growth, asset utilization, waste reduction, customer service, profitability, sustainability, security, risk mitigation, working capital deployment, agility and. equipment uptime.

Optimal Sourcing 111

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 111