Logistics Viewpoints

AUGUST 15, 2024

By modeling these potential disruptions, it becomes possible to understand the impact and develop the right alternative response plans to mitigate the impact. 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 124

Scenario Planning Supply Chain Planning Software Sourcing Strategies Optimal Sourcing 124

SYSPRO Smarter ERP

JANUARY 19, 2022

The fundamental problem is that many organizations caught up in this situation are using business models which were already out of date before the pandemic. The supply chain of the future will not use the business models which are currently in place. Using technology to ease your way forward. Use data to improve operations.

Manufacturing Procurement 105

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

Logistics Bureau

JULY 18, 2022

Step 2: Gap Analysis – Customer Requirements and Supply Chain Trends. Now you know what your customers genuinely expect from your outbound and reverse supply chain, so it’s time to undertake a gap analysis. Ideally, though, evaluating your position against competitors should not solely be a KPI benchmarking exercise.

Inventory Reduction 98

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 98

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. The tools for determining Cost To Serve include standard spreadsheet applications, such as MS Excel, and network design modeling software.

Purchasing Skills 93

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 93

Logistics Viewpoints

JUNE 26, 2023

Mr. Beery was also visiting startups that had interesting technology for which the use case was not immediately apparent. At the same time Mr. Beery was visiting multinationals with advanced supply chain practices, he was also visiting startups that had interesting technologies. One of those companies was Aera Technology.

Supply Chain Planning Software 85

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 85

Logistics Bureau

MAY 24, 2019

Moving to a vendor-managed inventory model wherever it was possible to do so. It then began managing the remaining partners via a weekly scorecard system, aligned with renewed service level agreements. Introducing a formal S&OP planning process. plants to four. These issues existed against a backdrop of a volatile, seasonal market.

Cost Reduction 77

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 77

GlobalTranz

OCTOBER 29, 2015

KPIs or Key Performance Indicators are a core practice of measuring the effectiveness and for continuous improvement in any business outsourcing model. The 4PL built a new routing tool specifically for Whirlpool that offered overall cost optimization and mode selection.

Case Study 93

Case Study Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 93

Logistics in War

APRIL 9, 2020

The key is effective data analysis, trusted modelling tools and a systematic approach that provides total visibility across the entire supply network. This will support an effective demonstration of probable outcomes during the planning phase based on selected COAs, supported by an ability to intervene where required.

Supply Chain Planning Software 85

Supply Chain Planning Software Military Exercises Logistics Network Optimization Software 85

Logistics Bureau

DECEMBER 19, 2022

It also stands to reason that when you undertake a slotting exercise, you should think about it from the perspective of these activities. Those calculations, of course, will necessitate using some digital software. But what if your business lacks the digital tools necessary to use the data? Product Slotting Data Requirements.

Production 98

Production Inventory Reduction Cost Reduction Resource Reduction 98

Logistics Bureau

APRIL 3, 2023

Increased Supply Chain Efficiency In manufacturing outsourcing, a large contract producer specialising in the products you sell will have the expertise, technology, and processes to streamline production and reduce waste , which can result in cost savings.

Outsourcing 98

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 98

UL EHS- Sustainability

OCTOBER 31, 2019

Traditional training models address performance issues only when there is a lack of knowledge and skills. A training needs analysis (TNA) will identify where employee training can make a meaningful contribution towards improving performance. The best training strategy in the world can’t fix operational issues. When conducting a TNA: 1.

Buyer Training 40

Buyer Training Optimal Sourcing Expense Reduction Cost Reduction 40

GlobalTranz

DECEMBER 1, 2015

this exercise helps retain mobility in the damaged joints". Enterprise mobility management products, such as data loss prevention technologies, are available to help IT departments address these risks. This is a world where all systems are connected. But, what does mobility exactly mean? mōˈbilədē/. noun: mobility.

Supply Chain Design Software 54

Supply Chain Design Software Supply Chain Software Modeling Software Inventory Reduction 54

Logistics Business Magazine

DECEMBER 11, 2022

Having a platform where suppliers can see the demand and can update their commits will reduce surprises and improve service levels. Circularity could change business models. Historically, this product ‘footprinting’ exercise was both tedious and expensive.

Supply Chain Planning Software 55

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 55

Logistics Bureau

AUGUST 1, 2022

Often, in our experience, the problem is a human one… It’s not the data, not the process, not the technology, or the strategy, but the people. Pundits typically emphasize data and digital technology when proselytising for the S&OP concept. But what makes it so challenging to implement S&OP successfully? The Executive Sponsor.

Supply Chain Planning Software 98

Supply Chain Planning Software Scenario Planning Operations Supply Chain Design Software 98

Logistics Bureau

JANUARY 20, 2025

Step 2: Gap Analysis Customer Requirements and Supply Chain Trends Now you know what your customers genuinely expect from your outbound and reverse supply chain, so its time to undertake a gap analysis. Ideally, though, evaluating your position against competitors should not solely be a KPI benchmarking exercise.

Inventory Reduction 40

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 40

Logistics Bureau

JANUARY 25, 2017

Remember too that market requirements, regulations, technology, and business objectives can all change frequently, transforming supply chain roles as a result. Systems to track supply forecasts and flows can be very sophisticated. The need for industry-specific knowledge. Warehousing (warehouse operations manager, warehouse operative).

Negotiating Skills 75

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 75

Logistics Bureau

JULY 21, 2017

While a number of factors are doubtless contributing to the Kmart demise, only a minor amount of analysis is required to identify supply chain misalignment as being one of the primary issues, which the company has never managed to correct. Supply Chain Technology. The Failing Kmart Business Strategy. What could Kmart have done?

Cost Reduction 68

Cost Reduction Inventory Reduction Price Reduction Vendor Strategies 68

Supply Chain Brain

MAY 7, 2018

to the complex exercise of pricing. But pricing — given its dependence on a host of ever-changing factors — seems an especially fertile target for the technology. can generate “expert systems” that seek to replicate the knowledge of seasoned veterans in a given field. pricing model. “If In its purest form, A.I.

Price Reduction 40

Price Reduction Supply Chain Planning Software Modeling Software Supply Chain Software 40

Logistics Bureau

JANUARY 30, 2017

Strange as it may seem, many business leaders don’t have the answers to these questions , because they’ve never conducted an exercise to understand the costs involved with supplying their customers. Inadequate technology tools used to support the process. Do you supply certain products to certain customers at a loss?

Supply Chain Design Software 67

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 67

The Logistics Academy

FEBRUARY 13, 2017

Jimmy Chen, Bucknell University: One trend is emphasizing the endless possibility of creating new logistics models. Because market demand keeps changing, students’ understanding of logistics should never be constrained by the common models they read in textbooks. We have different tools to incorporate these trends in our program.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 40

Logistics Bureau

JULY 18, 2018

’ Companies like Sears, Dell, and Zappos are often pointed to as models to follow for reverse logistics. As market and buying trend data becomes more abundant and IT systems more connected, retailers can better estimate demand and adapt their ordering. Design reverse logistics into the business model.

Reverse logistics 53

Reverse logistics Vendor Strategies Logistics Network Optimization Software Supply Chain Design Software 53

Logistics Bureau

AUGUST 21, 2016

That’s not to say that the following signs and symptoms are harbingers of disaster, but they should certainly prompt a distribution network design review, along with a modeling exercise to check if your outbound supply chain is maintaining that all-important balance between cost and service. Click To Tweet. Too Much Inventory.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Design Distribution Networks 40

Infosys Supply Chain Management

JULY 26, 2013

Technology Services. « Collaborative Platform for Enterprise of Future | Main | Key Asset Management trends in Oil & Gas Industry » Importance of Proactive Master Data Maintenance in SAP SCM Support. We conducted a thorough analysis of these concerns & compared results in different geographies. Business Services.

Supply Chain Planning Software 29

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 29

Logistics Bureau

DECEMBER 28, 2024

Together with incredible technological innovation , the post war years yielded a mountain of demand for products. Understanding different outsourcing models can help businesses choose the most flexible and scalable options. To assist your analysis, examples of industries are plotted on the matrix. Who are the Key 3PLOs?

Outsourcing 52

Outsourcing Inventory Reduction Cost Reduction Price Reduction 52

Logistics Bureau

JANUARY 7, 2020

Established the strategic use of technology to gain supply chain efficiencies. If your supply chain network design has not been under the microscope, and you care about business success, it’s probably time to consider the benefits of a design review and optimisation exercise. Mini Case Study: Whirlpool.

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 111

Talking Logistics

SEPTEMBER 4, 2018

For the companies we work with, we leverage an Inventory Planning & Management System (IP&M System) to address this challenge. It is a package of methodologies and statistical models developed to perform inventory rationalization and improve service within the logistics industry.

Inventory Reduction 100

Inventory Reduction Inventory Logistics Network Optimization Software Cost Reduction 100

Logistics in War

AUGUST 28, 2018

What use are sophisticated combat platforms when they cannot be sustained, replaced or repaired, deployed in an acceptable timeframe or readied for war? It is unsurprising that a recent USPACOM exercise highlights the vital importance of strategic and operational lift in this environment.

Military 73

Military Resource Reduction Cost Reduction Logistics Network Optimization Software 73

Logistics in War

MAY 16, 2018

What use are sophisticated combat platforms when they cannot be sustained, replaced or repaired, deployed in an acceptable timeframe or readied for war? It is unsurprising that a recent USPACOM exercise highlights the vital importance of strategic and operational lift in this environment.

Military 50

Military Resource Reduction Cost Reduction Logistics Network Optimization Software 50

Shipping and Freight Resource

DECEMBER 9, 2021

Executive Insights is a series by Shipping and Freight Resource that provides useful insights and thoughtful analysis on what is happening in the maritime, shipping, freight, logistics, supply chain and trade industries. On top of that there is a data model, which is the architecture that we then use when we talk about the standard.

Data 90

Data Supply Chain Planning Software Supply Chain Software Digital 90

Logistics Bureau

JANUARY 14, 2025

Under the FGP and PF models, the retailers collect the products from the suppliers factory gate. Then a cost allocation exercise took place to improve on the allocation methods used within the financial systems. The project team then progressed to a paper based description of the model.

Price Reduction 75

Price Reduction Cost Reduction Sourcing Strategies Negotiate Pricing 75

Logistics Bureau

NOVEMBER 3, 2024

If your supply chain network design has not been under the microscope, and you care about business success, it’s probably time to consider the benefits of a design review and optimisation exercise. The use of a methodology known as “cost to serve analysis” often reveals shocking realities about supply chain costs.

Supply Chain Design Software 74

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 74

Logistics Viewpoints

NOVEMBER 19, 2024

The Appeal of Delegating to AI AI is a tool designed by humans to do things it can do better or we cannot or do not want to do. ARK Investment Management found that every four months the cost of operating AI models drops by half, beating the famous Moore’s Law on chip costs by a factor of 4-6 times.

Supply Chain Design Software 116

Supply Chain Design Software Negotiating Skills Optimal Sourcing Supply Chain Software 116