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.

Modeling Software 68

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

The Logistics of Logistics

MAY 9, 2022

Instantaneous freight quotes created by a dynamic pricing tool that delivers the right price with guaranteed capacity. Mode optimization has traditionally been promised, but not delivered because the analysis was completed by people who didn’t have the data or tools. Mode optimization automatically included in each quote.

Optimization Software 195

Optimization Software Freight Modeling Software Price Reduction 195

The Logistics of Logistics

JULY 2, 2021

Instantaneous freight quotes created by a dynamic pricing tool that delivers the right price with guaranteed capacity. Mode optimization has traditionally been promised, but not delivered because the analysis was completed by people who didn’t have the data or tools. Mode optimization automatically included in each quote.

Freight 195

Freight Optimization Software Price Reduction Modeling Software 195

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 186

Supply Chain Planning Software Modeling Software Optimization Software Logistics Network Optimization Software 186

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

Trinity Logistics

JANUARY 19, 2024

Foundational Model This is where the training/learning takes place, where you’re teaching the AI how to look at things and look at input. Large Language Model (LLM) This model is trained on vast amounts of text, can interpret what you’re asking of it, and can put a response in words that you can understand.

Supply Chain Software 112

Supply Chain Software Logistics Network Optimization Software Modeling Software Supply Chains 112

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

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. Toyota Kata is not a problem solving tool. What About Root Cause Analysis? Scientific Thinking is the Foundation.

Modeling Software 195

Modeling Software Optimization Software Analysis Tools 195

FreightWaves SONAR

DECEMBER 3, 2020

Shipping analytics tools shine a light on the value of informed freight management. Freight market participants need these top shipping analytics tools in their freight stack. Shipping status tools to track freight. Tracking shipment status is a core function of advanced shipping analytics tools. Download the White Paper.

Supply Chain Planning Software 76

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

10xLogistics

MAY 14, 2024

Tools like CPFR (Collaborative Planning, Forecasting, and Replenishment) can enhance this process by aligning all stakeholders on shared objectives and data. This integration allows for a more detailed analysis and better-informed decision-making processes. Integrated Data Systems: High-quality, integrated data systems are vital.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Modeling Software Scenario Planning 62

Logistics Viewpoints

MARCH 1, 2021

Once the analysis was done for Year One set up, Year Two was pretty much the same. The introduction of smoke-free products made the use of spreadsheet tools far less efficient in the capacity and sourcing planning as the new product categories had rapid growth. “We The tool was able to create a model going out multiple years.

Supply Chain Design Software 119

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 119

Logistics Viewpoints

MAY 11, 2023

The concept of digital twins has emerged as a powerful foundational tool to drive improvements in warehouse productivity and efficiency. Simulation allows you to model hypothetical scenarios and physical changes without having to physically change the asset. Do they purchase a 3D warehouse simulation and modeling tool?

Optimization Software 159

Optimization Software Supply Chain Design Software Modeling Software Digital 159

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. If a company can specialize in core competencies with AI tools, it creates a high barrier for another company to compete against.

Modeling Software 116

Modeling Software Optimization Software Logistics Network Optimization Software Cost Reduction 116

Logistics Viewpoints

FEBRUARY 20, 2024

Supply chain network design (SCND) is a powerful tool for improving business operations. This article describes how to incorporate simulation techniques into optimization, build a stochastic optimization model, and end up with a more resilient supply chain model. Optimization and simulation are the two main branches of SCND.

Supply Chain Design Software 153

Supply Chain Design Software Sourcing Strategies Supply Chain Design Inventory Reduction 153

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

Locus

OCTOBER 5, 2021

With the supply chains of all businesses going through a transformational shift, it is important for them to make tough decisions concerning logistics models. After the pandemic hit, flexible logistics models helped businesses to easily penetrate into dense urban markets at economical costs. What is fixed logistics?

Modeling Software 52

Modeling Software Optimization Modeling Modeling Supply Chain Planning Software 52

AIMMS

JUNE 25, 2019

When you finally have the analysis, everything’s changed, and the results are no longer relevant. Not all tools are equally data- hungry and some are easier to use than others. The technology should also allow for model changes on the fly to help you adapt to changing business conditions.

Supply Chain Design Software 22

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 22

Logistics Viewpoints

SEPTEMBER 19, 2023

Using technology to de-risk supply chains From a technology perspective, supply chain design tools have been developed from the ground up to handle uncertainty and risks, generate scenarios that identify risks proactively, and provide solutions to mitigate these risks. This is where AI can make all the difference. are most exposed to risk?

Supply Chain Design Software 154

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

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. A supply chain design modeling solution is more like a toolbox full of many different tools. Coupa meets this definition. The use cases just keep expanding.

Supply Chain Design Software 134

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

Food Logistics

JUNE 26, 2023

CoPilot is a generative AI tool embedded in its freight management platform, ShipperGuide, that enables real-time data analysis and industry insights by harnessing the power of large language models.

Modeling Software 78

Modeling Software Data Freight Analysis 78

SYSPRO Smarter ERP

APRIL 17, 2023

Unfortunately, without proper processing and analysis, this data is of little use to the organization. BI is a powerful tool that can help companies drive informed decisions, improve their planning processes, and maintain a competitive edge in the marketplace. This enables managers to take swift action and keep production on track.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Optimization Software 98

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 158

Optimal Sourcing Supply Chain Software Supply Chains Data 158

Logistics Viewpoints

APRIL 5, 2023

ARC Advisory Group, where I work, publishes an analysis of the 25 manufacturers with the most mature digital transformations. Within these areas, respondents are at the low end of the maturity model. Digital transformation is a term that is thrown around a lot, and people have different ways to interpret what it means.

Digital 163

Digital Supply Chain Software Supply Chain Design Software Logistics Network Optimization Software 163

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

IoT World Today

MAY 21, 2020

Supply chain recovery hinges on incorporating robust data analytics and other data-driven tools into business operations to increase efficiency, reduce costs and proactively manage risk. Balaji said that the tool also enables the company to plug in factors such as geopolitical environment, natural disasters and so on.

Supply Chain Planning Software 145

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

AIMMS

SEPTEMBER 17, 2019

Some tools may be acquired by competitors, who then incorporate them in a vastly more expensive package. If you make modifications to the tool, you’re on your own. Suddenly, the models we needed to support decision-making no longer fit. We were dependent on the vendor’s consultants to make changes to our model.

Supply Chain Design Software 102

Supply Chain Design Software Modeling Software Supply Chain Software Supply Chain Design 102

EazyStock

JUNE 18, 2019

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

Analysis 51

Analysis Inventory Reduction Inventory Procurement Solutions 51

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 99

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

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. Analyze past and current sales trends.

eCommerce 105

eCommerce Operations Inventory Reduction Modeling Software 105

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 154

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

Logistics Viewpoints

MARCH 17, 2022

When my fiance heard about the price, he advised that I find a local hairdresser and set up a frequent-shopper account with them for a few months until the tool is back in stock. Network cost modeling. Self-learning models provide modeling agility. Automated forecasting processes. Data cleansing and data robustness.

Supply Chain Planning Software 182

Supply Chain Planning Software Modeling Software Optimization Software Scenario Planning 182

SYSPRO Smarter ERP

MAY 10, 2023

In the previous post, we discussed how organisations have been utilizing additional tools to maintain effectiveness in their demand planning process. Below are some of the capabilities that enable machine learning models to produce reliable demand forecasting results despite the volatility that is rife in the supply chain.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Modeling Software Modeling 98

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 118

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 118

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 144

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

WorkWave

DECEMBER 2, 2024

Businesses can utilize advanced algorithms and machine learning models to predict demand and route performance under varying conditions. This predictive modeling allows businesses to proactively adjust their delivery strategies, ensuring that they allocate resources efficiently and meet customer expectations.

Optimal Sourcing 105

Optimal Sourcing Cost Reduction Resource Reduction Waste Reduction 105

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

GlobalTranz

MAY 12, 2015

Manufacturers need to focus on their core in order to stay competitive, and technological tools, such as our Cerasis Rater, a transportation management system , allow for streamlined process in managing transportation, giving back precious time, money, and focus to our manufacturing customers. Go All-in for Online Technologies.

Manufacturing Procurement 97

Manufacturing Procurement Modeling Software Supply Chain Planning Software Digital 97