EazyStock

JANUARY 31, 2022

Inventory Management KPIs for Effective Inventory Analysis. But with a wealth of inventory KPIs available to choose from to include in your inventory analysis methods, which ones are the most important to ensure you’re on the right track to optimum efficiency? Managing inventory is a complex business. Inventory turnover ratio.

Inventory Reduction 52

Inventory Reduction Inventory Analysis Optimization Software 52

Logistics at MPEPS at UPV

MAY 2, 2023

Logistics in Startups: Risks and Rewards Startups, typically characterized by their innovative business models and rapid growth potential, also encounter unique logistical challenges. Business models for the sharing economy: Opportunities and challenges. The State of Supply Chain Digitalization: A Deep Dive into SMEs and Startups.

Supply Chain Software 52

Supply Chain Software Supply Chains Analysis Logistics Network Optimization Software 52

GlobalTranz

JANUARY 21, 2015

Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. Vendor Managed Inventory Model for Supply Chain Cost Reductions. Reverse marketing starts first with Value Analysis. Complete one-on-one meetings.

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

Stord

JANUARY 7, 2019

The Wall Street Journal’s recent analysis of retailers’ logistical challenges highlights the appeal and success of alternative solutions to traditional warehousing in retail and beyond. All of these factors are stressors on traditional warehousing models. We’ve rounded up the key insights from the article below.

Inventory Reduction 78

Inventory Reduction Price Reduction Supply Chain Planning Software Supply Chain Software 78

The Logistics of Logistics

DECEMBER 20, 2021

Our proprietary experience analysis methodology is known as Revenue@Risk Analysis. Reason 3 – Digital tools that are overly complicated or don’t meet customer expectations. Technology that is supposed to improve the customer experience can sometimes be overly difficult to use and actually negatively impact the experience.

Logistics Network Optimization Software 195

Logistics Network Optimization Software Modeling Software Groups Analysis 195

Logistics Viewpoints

JULY 17, 2024

Jeff Erwin, VP of manufacturing at G&J Pepsi-Cola Bottlers , has been helping to accelerate the digital transformation while aligning with the company’s goals and mission to improve its operational efficiency and meet customer requirements and regulatory compliance challenges by tracking and measuring performance.

Digital 158

Digital Procurement Analytics Manufacturing Procurement Modeling Software 158

Logistics Viewpoints

SEPTEMBER 16, 2022

This business model provides many advantages: Processing big data efficiently. Data can be easily used for various applications such as detailed monitoring and analysis of operations, planning, optimizing stocks and use of resources or preparing recorded master data for other locations. Rapid integration. Access to latest features.

Supply Chain Planning Software 187

Supply Chain Planning Software Modeling Software Optimization Software Logistics Network Optimization Software 187

Logistics Viewpoints

JULY 23, 2024

Without sufficient data, AI models can’t uncover meaningful patterns, make accurate predictions, or provide valuable insights for informed decision-making in complex and dynamic environments. At the same time, feeding your AI models too much data can also be a problem. Data is the lifeblood of AI in the supply chain.

Optimal Sourcing 160

Optimal Sourcing Supply Chain Software Supply Chains Data 160

Logistics Viewpoints

JUNE 8, 2023

To meet these demands and ensure superior delivery experiences, retailers and carriers must leverage last-mile delivery technology. Various factors, including industry, region, transaction amount, delivery model, customization, support, and modules purchased, all contribute to determining the cost to your business.

Modeling Software 135

Modeling Software Optimization Software Supply Chain Design Software Logistics Network Optimization Software 135

Logistics Viewpoints

NOVEMBER 6, 2024

FedEx has adopted predictive maintenance models to maximize uptime and ensure timely deliveries, demonstrating the efficiency gains connected fleets can deliver. Failure to effectively filter, prioritize, and analyze data can lead to “analysis paralysis,” where data volumes hinder timely decision-making. The post Fleet Management 2.0:

Supply Chain Planning Software 140

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimization Software 140

SYSPRO Smarter ERP

APRIL 17, 2023

Unfortunately, without proper processing and analysis, this data is of little use to the organization. Predictive analysis: Utilize BI solutions to predict future trends in demand for products or potential supply chain disruptions, enabling manufacturers to plan and make informed decisions while mitigating risks.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Optimization Software 98

Logistics Viewpoints

SEPTEMBER 18, 2024

There are also other leaders focused on specific solutions which we believe are critical as well. Value and process of Champions Radar The Champions Radar aims to map solutions provided by companies to meet specific market needs, helping end users identify suitable providers and highlighting market leaders.

Supply Chain Planning Software 134

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Modeling Software 134

Logistics Viewpoints

AUGUST 15, 2024

Today’s supply chains are fraught with uncertainties across demand and supply yet are tasked with adding incremental value to their organizations while also meeting commercial, working capital and sustainability goals. This balancing act is a challenge even in the best of times.

Scenario Planning 155

Scenario Planning Supply Chain Planning Software Sourcing Strategies Optimal Sourcing 155

Logistics Viewpoints

MAY 23, 2024

APS are complex, live production environments requiring extensive configuration to accurately model a business’s operational reality. Complication Testing multiple scenarios across short and long time frames in APS is inherently challenging due to several factors.

Scenario Planning 146

Scenario Planning Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 146

ShipLilly

NOVEMBER 1, 2021

A logistical analysis and important tips for businesses. Is your business model struggling with stock space and capacity? For these big brands, the real question is whether they can meet the demands of their customers. The key determinant of when and how you start outsourcing is a detailed cost-benefit analysis.

Outsourcing 98

Outsourcing Price Reduction Cost Reduction Resource Reduction 98

Logistics Viewpoints

MARCH 1, 2021

Once the analysis was done for Year One set up, Year Two was pretty much the same. The objective is to meet the service level goal with a network design that optimizes the costs across the manufacturing supply chain. The tool was able to create a model going out multiple years. It was predictable.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 120

Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. Coupa meets this definition. A supply chain design modeling solution is more like a toolbox full of many different tools. The use cases just keep expanding.

Supply Chain Design Software 134

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 134

Logistics Viewpoints

APRIL 4, 2024

When forecasting seasonal products, automatic classification and lifecycle modeling address different types of demand patterns by product. Real-Time What-If Planning with AI Using what-if analysis to evaluate different scenarios by incorporating internal and external events is a key way to utilize AI/ML in demand planning.

Scenario Planning 156

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

SYSPRO Smarter ERP

NOVEMBER 8, 2021

Many of the current (pre-Covid) business models focused on partnering with suppliers and “make them part of your business” because the closer they are to the business the better they can understand the issues and respond. Unfortunately, that model is unlikely to ensure continuous supply to the business in these new times.

Supply Chain Planning Software 116

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

MTS Logistics

SEPTEMBER 5, 2024

This model facilitates quicker and more effective delivery but also adds complexity to logistics and distribution networks. To meet these expectations, logistics companies are pursuing innovative solutions to offer faster delivery times and enhance customer satisfaction. E-commerce has also impacted transportation costs.

Optimal Sourcing 79

Optimal Sourcing Distribution Logistics Network Optimization Software Networks 79

Logistics Bureau

MAY 31, 2021

Detailed cost-to-serve analysis can be complex and time-consuming, so it’s a good idea to break the task down by priority and target specific areas on which to concentrate. You will probably find, from your initial analysis, that your cost-to-serve follows the 80/20 rule. Why Modeling Makes Sense. Don’t Drown in Complexity.

Cost Reduction 117

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 117

The Logistics of Logistics

DECEMBER 29, 2020

More and more companies are looking at building consortiums with other companies to increase capabilities and meet consumer expectations and to be competitive with Amazon and Walmart. can be created to serve as a sandbox for scenario analysis. Resiliency modeling and can address key supply chain issues.

Supply Chain Planning Software 196

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Sourcing Strategies 196

Penske Move Ahead

MAY 20, 2024

Now in its fifth year, the State of Sustainable Fleets 2024 Market Brief sheds light on an industry meeting the moment of an active transition. As zero-emission regulations take hold in 11 states and a new emission standard deadline for model year 2027 looms nationally, fleets struggle to comply with a confusing new regulatory landscape.

Availability 54

Availability Price Reduction Sourcing Strategies Cost Reduction 54

The Lean Thinker

FEBRUARY 4, 2021

We get into semantic arguments about “problem solving” as somehow different from “root cause analysis” and how the Improvement Kata is somehow distinct, again, from those activities. You Cannot Meet a Challenge Without Working on Stability. What About Root Cause Analysis?

Modeling Software 195

Modeling Software Optimization Software Analysis Tools 195

WorkWave

JUNE 27, 2024

Despite offering higher wages and bonuses, they struggled to meet delivery deadlines, resulting in customer complaints and loss of sales. While essential for safety, these regulations reduce the number of active driving hours, necessitating more drivers to meet delivery demands. These increased costs are often passed on to consumers.

Optimal Sourcing 92

Optimal Sourcing Supply Chain Planning Software Optimization Software Availability 92

Logistics Viewpoints

SEPTEMBER 15, 2021

A traditional financial review using cost volume profit (CVP) analysis would often determine that the higher throughput capabilities of a traditional automation investment would deliver a lower variable cost, a higher contribution margin, and ultimately a higher ROI due to greater operating leverage.

Supply Chain Software 141

Supply Chain Software Automation Operations Scenario Planning 141

Logistics Viewpoints

FEBRUARY 28, 2022

In process industries the supply chain models used for optimization are much more complex than those used in other industries. So, models for heavy process industries often include first principle parameters. The AspenTech models combine the classic first principles approach with the modern pure data-driven approach.

Supply Chain Planning Software 178

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 178

Automotive Logistics

FEBRUARY 13, 2018

Ford has invested a further $25m to increase line speed at its plant in Louisville, Kentucky, following a 25% increase in output of the Lincoln Navigator and Ford Expedition SUV models to meet surging demand in the US. The post Ford invests to meet surging demand for SUVs appeared first on Automotive Logistics.

Meeting 28

Meeting After-sales Modeling Software Optimization Software 28

CLX Logistics

FEBRUARY 22, 2024

From streamlining sourcing and supplier management to optimizing contract negotiations and spend analysis, AI and ML offer various capabilities that can revolutionize procurement management operations and drive sustainable value creation.

Optimal Sourcing 52

Optimal Sourcing Procurement Negotiating Skills Supply Chain Software 52

Logistics Bureau

NOVEMBER 14, 2018

Even if you simplify your product range and your upstream suppliers, you still have to deal with the ramifications of diverse customers, their expectations, their location and the logistics needed to meet their requirements. Cost to Serve data and modeling benefits are sometimes deceptively simple. This sounds like common sense.

Purchasing Skills 90

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 90

EazyStock

OCTOBER 31, 2022

Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. Determining the right stock levels to meet demand is vital for customer satisfaction. What is demand planning? Why is demand planning important?

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52

EazyStock

OCTOBER 31, 2022

Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. Working out the right stock levels to meet demand is vital for customer satisfaction. What is demand planning? Why is demand planning important?

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52

Blue Grace Logistics

JULY 27, 2021

Approaching a demand analysis with historical data and seasonal variations is no longer competent. Brand identity, interactive marketing campaigns and differential lifestyles complicate a perfect trend analysis model. Every step of the way can use predictive analysis. billion by 2022.

Procurement Analytics 62

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

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 91

Supply Chain Design Software Supply Chain Design Distribution Networks 91

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). – Tweet this.

Scenario Planning 159

Scenario Planning Supply Chain Planning Software AIMMS Gartner 159

Log-hub

MARCH 6, 2024

Log-hub, a Swiss-based technology company, is pioneering this shift with sophisticated mathematical optimization models designed to seamlessly integrate electric vehicles (EVs) into the supply chain. This model incorporates not just route planning but also charging requirements and cost implications of electric truck operations.

Optimal Sourcing 40

Optimal Sourcing Sourcing Strategies Cost Reduction Resource Reduction 40

Log-hub

MARCH 6, 2024

Log-hub, a Swiss-based technology company, is pioneering this shift with sophisticated mathematical optimization models designed to seamlessly integrate electric vehicles (EVs) into the supply chain. This model incorporates not just route planning but also charging requirements and cost implications of electric truck operations.

Optimal Sourcing 40

Optimal Sourcing Sourcing Strategies Cost Reduction Resource Reduction 40