Logistics Bureau

NOVEMBER 12, 2024

Essential Steps to Using Warehouse Modeling Software for Design 1) Understand the Design Objectives and Constraints The first step in your review should be to determine and prioritise the objectives for your warehouse facility and operation. This helps you make informed decisions without risking disruptions to your physical systems.

Modeling Software 68

Modeling Software Supply Chain Design Software Supply Chain Planning Software Optimization Software 68

Logistics Viewpoints

MARCH 8, 2021

What will the total costs be associated with different green strategies? On top of this cost network model, the solution allows for various scenarios to be kept and compared. LLamasoft has developed a supply chain design maturity model. This maturity model is quite detailed. They started with IBM’s LogicNet solution.

Supply Chain Design Software 170

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Supply Chain Software 170

The Logistics of Logistics

FEBRUARY 12, 2021

Ilya was formerly a strategy and operations management consultant within the Big 4 with both PwC and KPMG, advising Fortune 1000 clients across healthcare, technology, and private equity verticals. Ilya Preston is the Co-founder and CEO of PAXAFE. Ilya earned a Bachelor of Science in International Business from the University of Indianapolis.

Expense Reduction 195

Expense Reduction Freight Supply Chain Software Modeling Software 195

The Logistics of Logistics

JULY 27, 2022

To ensure that the Emerge team develop fruitful relationships, Mark insists upon a communication strategy that includes quarterly business reviews (QBR), reporting key performance indicators, root cause analysis, lead-time analytics, cost-down goals, etc. Emerge is hiring: Emerge Careers. Learn More About The Secret Sauce.

Logistics Network Optimization Software 281

Logistics Network Optimization Software Modeling Software Supply Chain Software Procurement 281

GlobalTranz

AUGUST 17, 2015

A vigorous supplier relationship management (SRM) strategy can assist organizations in maximizing partnership value, minimize risk, and manage costs through the entire supplier relationship lifecycle. A comprehensive supplier management strategy helps organizations arrange suppliers based on different tiers of importance and reliability. .

Sourcing Strategies 98

Sourcing Strategies Price Reduction Vendor Strategies Cost Reduction 98

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. Supply chain policies and configurations are tested and leverage reinforcement learning to yield the best possible strategies.

Scenario Planning 154

Scenario Planning Supply Chain Planning Software Sourcing Strategies Optimal Sourcing 154

Logistics Viewpoints

APRIL 11, 2023

The post-COVID-19 (if we can claim to be post COVID) “new normal” will continue to be defined by new challenges and more importantly by the ability of the supply chain executives to manage disruption and their ability to power organization strategy and growth. Capabilities you should be looking to real world data modeling.

Supply Chain Planning Software 135

Supply Chain Planning Software Scenario Planning Supply Chain Design Software Modeling Software 135

Logistics Viewpoints

FEBRUARY 22, 2022

The role of logistics in modern companies is not only to support corporate strategy but also to enable it. How about your need for a seamless corporate transportation analysis? Dominic Regan is Senior Director for Oracle’s Logistics applications strategy across Europe, the Middle East and Africa.

Data 113

Data Logistics Network Optimization Software Supply Chain Planning Software Cost Reduction 113

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. Scalability is a huge component of alternative strategies.

Price Reduction 78

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

Logistics Viewpoints

AUGUST 29, 2024

Another key strategy is right-sizing cartons to match the specific dimensions of the products being shipped. This leads us to the idea of Dynamic Slotting , an essential strategy for space optimization. Traditional slotting solutions require customized models, extensive engineering, measurement, and data collection.

Waste Reduction 148

Waste Reduction Optimal Sourcing Sourcing Strategies Resource Reduction 148

Logistics Viewpoints

FEBRUARY 28, 2022

Alex Pradhan, Product Strategy Leader John Galt Solutions, told me that “all planning vendors have bold marketing around AI.” 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.

Supply Chain Planning Software 178

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

Logistics Viewpoints

JUNE 8, 2023

Various factors, including industry, region, transaction amount, delivery model, customization, support, and modules purchased, all contribute to determining the cost to your business. This article explores different pricing models and the integration process, highlighting key considerations and potential challenges.

Modeling Software 135

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

Logistics Bureau

OCTOBER 12, 2024

There’s a no perfect procurement model or perfect procurement organizational structure Globe operation as a result of a globe competition requires a procurement to think globally and act globally. Let’s be reminded that there are lot of other things such as corporate strategy and a market dynamics that can impact your procurement performance.

Cost Reduction 62

Cost Reduction Procurement Analytics Optimal Sourcing Procurement 62

EazyStock

FEBRUARY 17, 2021

Inventory Replenishment Strategies to Boost Profitability. To overcome all these inventory management risks, you need a toolbox of effective inventory replenishment strategies. 5 Inventory Replenishment Strategies to Increase Profits. Any business that carries inventory needs to avoid stockouts and back orders.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction 75

SYSPRO Smarter ERP

NOVEMBER 8, 2021

According to McKinsey , the value of goods traded globally has tripled to more than US$10 trillion since 2000, and because of recent events, they are having to re-evaluate supply chain strategies. Unfortunately, the state of disruption to the current landscape has never been contemplated and very few strategies exist to navigate it.

Supply Chain Planning Software 116

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

Freightos

JUNE 17, 2024

In the first issue of our AI popup newsletter series, Matt Motsick, CEO of Rippey AI and a long-time logistics technology leader, explores buying or building AI models. Focus on Innovation : By outsourcing the underlying AI technology, companies can focus more on innovation and applying AI in unique ways within their business models.

Modeling Software 116

Modeling Software Optimization Software Logistics Network Optimization Software Cost Reduction 116

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.

Supply Chain Planning Software 139

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimization Software 139

ShipLilly

NOVEMBER 1, 2021

A logistical analysis and important tips for businesses. Is your business model struggling with stock space and capacity? Of course, there are those who have an aggressive business strategy right from the outset. If you take such a strategy, you must have a top-grade marketing strategy to open opportunities for your expansion.

Outsourcing 98

Outsourcing Price Reduction Cost Reduction Resource Reduction 98

Logistics Viewpoints

SEPTEMBER 19, 2023

It is critical that supply chain design tools model real world complexity to effectively model the risks. There might be millions of possible combinations for adding lanes, changing modes, or consolidating volume, making it difficult for modelers to identify which scenarios will provide the highest cost savings.

Supply Chain Design Software 154

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 154

Logistics Viewpoints

MAY 23, 2024

APS are complex, live production environments requiring extensive configuration to accurately model a business’s operational reality. Director of Supply Chain Strategy at Coupa, where he manages the Go to Market strategies for areas of Supply Chain and Direct Spend. Nari Viswanathan is Sr.

Scenario Planning 144

Scenario Planning Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 144

Logistics Problem Solving

AUGUST 4, 2017

What do you do if your logistics strategy is just not working? While there are ways to reverse course after a faulty strategy is deployed, you must first admit it was faulty. Testing is not only a good idea, it is crucial to developing a logistics strategy. This never happens. It’s the key to avoiding unintended consequences.

Expense Reduction 59

Expense Reduction Cost Reduction Price Reduction Strategy 59

Logistics Bureau

MAY 31, 2021

Unless your company has already invested in the processes and technology to support the addition of online retail logistics to your channel strategy, attaining a single view of your inventory and customers could prove difficult. You will probably find, from your initial analysis, that your cost-to-serve follows the 80/20 rule.

Cost Reduction 118

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 118

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. In its ideal form, these planning processes should help leaders align strategy, financial considerations, and supply chain strategy.

Supply Chain Design Software 134

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

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. Knowing your CTS per product and per customer also lets you better control different commercial strategies.

Purchasing Skills 99

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 99

IoT World Today

MAY 21, 2020

Practitioners must develop a data analytics strategy that gives them insight into supply chain aberrations before catastrophe sets in. “If Many companies, for example, have considered drastic revisions to their sourcing strategies to reduce reliance on far-flung regions. Erratic consumer demand adds further dysfunction.

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 145

Logistics Viewpoints

NOVEMBER 11, 2021

Reporting to keep the inventory strategy fresh and supporting the goals of the organization. Is a replenishment strategy needed? Having inventory in the best location for picking will enable an efficient service model. Do a root cause analysis and correct the reason that drove the need to urgently replenish stock.

Inventory Reduction 138

Inventory Reduction Inventory Cost Reduction Material Savings 138

Logistics Viewpoints

JANUARY 26, 2021

Fifty-two percent of respondents are working on individual digital projects but lack an overarching strategy that links all these efforts. In another recent study, 68% of respondents indicated that they would need to revisit their operating models to consider more automation, contactless solutions, transparence/greater trust (e.g.,

Supply Chain Software 169

Supply Chain Software Definition Supply Chain Planning Software Supply Chains 169

Logistics Business Magazine

MARCH 20, 2023

A new white paper from a supply chain consultancy suggests retailers are too fragmented in their approach to determining their Costs-To-Serve (CTS) and should instead adopt CTS analysis as a core, business-critical initiative for informing future decisions and direction. “In CLICK HERE to download the full white paper.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Cost Reduction Logistics Network Optimization Software 52

Ship Monk

FEBRUARY 9, 2024

Accurate data forecasting requires accurate data, robust data analysis tools, and people who understand how to use them. It can be used to predict long-term trends or short-term (seasonal) demand, depending on the model you use. As the old “garbage in, garbage out” adage warns, your forecast is only as accurate as the data you input.

eCommerce 105

eCommerce Operations Inventory Reduction Modeling Software 105

GlobalTranz

APRIL 20, 2021

Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic. It’s the result of a deliberate strategy that may require tradeoffs compared to other approaches. This strategy requires greater investment and inventory carrying costs but enables continued production.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

GlobalTranz

OCTOBER 6, 2017

An effective warehouse management strategy can successfully reduce rework and drive warehouse management cost savings. However, poor decisions and assumptions can lead to the buildup of other inefficiencies, diminishing the value of your existing warehouse management strategy. In must be built on these principles.

Cost Reduction 10

Cost Reduction Inventory Reduction Vendor Strategies Price Reduction 10

EazyStock

AUGUST 21, 2020

There are many financial benefits to introducing stock reduction strategies – in particular focusing on your excess and obsolete items. Here we’re going to focus on our favorite top five inventory reduction strategies. So it makes sense to look for ways to reduce inventory and keep levels under control!

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

SYSPRO Smarter ERP

JANUARY 23, 2023

Because not all initiatives will succeed, a portfolio of initiatives must be managed, cutting and adding them over time as technologies advance, and new opportunities and business models arise. Rethink the operating model. ESG reporting and analysis Data is one of the most important requirements of an ESG program.

ERP 111

ERP Waste Reduction Optimal Sourcing Supply Chain Planning Software 111

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

SYSPRO Smarter ERP

JULY 2, 2024

AI is a term for computing capabilities that are perceived as representing intelligence, including image and video recognition, prescriptive modelling, smart automation, advanced simulation, and complex analytics. ML and DL are mainly used in data analysis, classification, clustering, and ranking. ML models learn from data.

Supply Chain Planning Software 105

Supply Chain Planning Software Modeling Software Optimization Software Supply Chain Design Software 105

Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. One of the most powerful tools employed in this endeavor is the ABCD Analysis.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. One of the most powerful tools employed in this endeavor is the ABCD Analysis.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40