Talking Logistics

SEPTEMBER 4, 2018

Is it about optimization? It is a package of methodologies and statistical models developed to perform inventory rationalization and improve service within the logistics industry. This system uses Multi-Echelon Planning as a base combined with statistical models we developed that are applied at different phases of the exercise.

Inventory Reduction 71

Inventory Reduction Inventory Logistics Network Optimization Software Cost Reduction 71

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 116

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 116

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

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. In that case, you will need help from a logistics consulting provider who can perform the required modeling for you. While slotting is primarily a numbers exercise, data can’t tell the whole story.

Production 106

Production Inventory Reduction Cost Reduction Resource Reduction 106

Logistics Bureau

APRIL 3, 2023

Process Specialisation Outsourced manufacturers, logistics providers, and other supply chain service partners dedicate all their resources to optimizing processes that, while essential for the success of your organisation, are secondary to its principal objectives.

Outsourcing 102

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 102

Logistics Bureau

JANUARY 9, 2019

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 118

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 118

Logistics Bureau

JANUARY 7, 2020

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 131

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 131

Logistics Bureau

MAY 24, 2019

The Path to Cost Reduction: The company undertook a supply chain network-redesign program, resulting in the commissioning of intermediate “merge centers” and optimization of cross-dock terminal locations. Moving to a vendor-managed inventory model wherever it was possible to do so.

Cost Reduction 73

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 73

Supply Chain Brain

MAY 7, 2018

to the complex exercise of pricing. The analysis ripples through the many stages of a supply chain, each of which can have a major impact on the final price of a product. driven model become so fast and complex that it can’t be understood by its human users? pricing model. “If At the same time, an A.I.-driven Can the A.I.-driven

Price Reduction 40

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

Infosys Supply Chain Management

MARCH 1, 2015

While the folks in the meeting discussed emphatically on how requirements are changed as late as User Acceptance test, I actually got tele-transported back to my stint in a process optimization exercise at one of the largest utility companies.

Packaging 20

Packaging Exercises Optimization Modeling Meeting 20

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 71

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 71

Logistics Viewpoints

NOVEMBER 19, 2024

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. It responds to queries based on AI models, not comprehension. Language has structure and rules, but human emotion is far less predictable.

Supply Chain Design Software 139

Supply Chain Design Software Negotiating Skills Optimal Sourcing Supply Chain Software 139