Log-hub

NOVEMBER 22, 2023

7 min read Maximizing Warehouse Efficiency: Unleashing the Potential of ABCD Analysis In the dynamic world of supply chain management, optimizing warehouse operations has become an indispensable factor for businesses. 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

MTS Logistics

AUGUST 23, 2023

The future of e-commerce undoubtedly lies in embracing sustainability, with current trends and future projections pointing towards a more environmentally friendly landscape. Current Supply Chain Trends in Green E-commerce 1. This trend not only reduces transportation emissions but also promotes fair labor and supports local economies.

Supply Chain Design Software 86

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 86

Ship Monk

FEBRUARY 9, 2024

The process usually includes analyzing historical data for seasonal trends and product performance, as well as gathering current data on competitors, marketplace trends, future marketing plans and promotions. Accurate data forecasting requires accurate data, robust data analysis tools, and people who understand how to use them.

eCommerce 105

eCommerce Operations Inventory Reduction Modeling Software 105

The Logistics of Logistics

JULY 31, 2023

Heard Media’s Custom Content Growth Model consists of three phases: Clarify, Create, and Convert. They offer a Custom Content Growth Model that includes strategies such as brand and content strategy, audience research, competitive analysis, and digital content roadmap.

Supply Chain Design Software 283

Supply Chain Design Software Logistics Network Optimization Software Modeling Software Cost Reduction 283

3PL Links

APRIL 16, 2024

Image source: Wikimedia | Top 9 Technology Trends for Your Warehouse in 2024 Distribution warehouses bear a great deal of responsibility these days because of the direct impact their operations have on the customer experience. Large-scale information retention and critical analysis are necessary for a warehouse to operate at peak efficiency.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Optimization Software 48

MTS Logistics

MARCH 17, 2023

This can include the adoption of circular supply chain models, where waste products are reused or recycled as inputs for other processes. The post Sustainability and Environmental Trends in the Logistics Industry appeared first on More Than Shipping.

Optimal Sourcing 86

Optimal Sourcing Supply Chain Software Logistics Network Optimization Software Waste Reduction 86

Logistics Business Magazine

JULY 15, 2022

Increased wages and benefits haven’t been enough to reverse the trend. As a result, we’re seeing some developing trends heading into the second half of the year.”. Specifically, Honeywell sees six trends emerging in the warehouse and DC industries. Increasingly aggressive adoption of proven automation technologies.

Supply Chain Software 70

Supply Chain Software Automation Supply Chain Planning Software Trends 70

Logistics at MPEPS at UPV

MAY 2, 2023

To provide a comprehensive overview, the author draws from various academic studies, reports, and surveys to shed light on the latest trends and best practices in supply chain management. 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

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

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 102

Modeling Software Optimization Software Logistics Network Optimization Software Cost Reduction 102

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

GlobalTranz

APRIL 6, 2015

Look at these 7 supply chain trends as a guide to better your supply chain today. In this article, Professor Burcu Keskin from University of Alabama will share 7 supply chain trends that working professionals should watch. INFOGRAPHIC] 7 Supply Chain Trends as Laid out by Supply Chain Expert. 3) Risk Management.

Optimal Sourcing 118

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 118

10xLogistics

MAY 14, 2024

This integration allows for a more detailed analysis and better-informed decision-making processes. Techniques such as time series analysis, regression models, and machine learning algorithms account for trends, seasonality, and other variables that impact demand.

Supply Chain Planning Software 62

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

Logistics Business Magazine

DECEMBER 11, 2022

While it’s imperative to focus on budgets and business initiatives that will take precedence over the next year, it’s just as important to keep an eye on the big-picture trends that are shaping the industry. o9 Solutions’ supply chain experts and leaders are sharing their insights on the trends that could become prevalent in 2023 and beyond.

Supply Chain Planning Software 58

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 58

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 111

Supply Chain Software Logistics Network Optimization Software Modeling Software Supply Chains 111

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

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

JUNE 8, 2022

I tend to use time series analysis as an anchor to my forecast, as I suspect many of you do. These current factors, in addition to the atypical activity of the recent past (whipsaw demand pattern), render time-series trends less relevant than in more stable environments. So, what methods can we apply to better gauge future trends?

Scenario Planning 148

Scenario Planning Analysis Events Purchasing Skills 148

Logistics Viewpoints

APRIL 11, 2023

Limitations in modeling the real world Over the years products, consumers and markets have grown complex and this trend was accelerated by COVID-19 in terms how and where customers want to interact with brands and products. Capabilities you should be looking to real world data modeling.

Supply Chain Planning Software 136

Supply Chain Planning Software Scenario Planning Supply Chain Design Software Modeling Software 136

The Logistics of Logistics

FEBRUARY 11, 2022

But the model for those cost categories has been dramatically changed by the emergence of WMS delivered in the Cloud, with the software and other cost elements moving from a fixed to a recurring cost and creating a shift in how some deployment costs are incurred. There can be some deviations from this basic model.

Modeling Software 221

Modeling Software Logistics Network Optimization Software Cost Reduction Vendor Strategies 221

SYSPRO Smarter ERP

MAY 10, 2023

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. On the other hand, machine learning algorithms are automatically updated with new data and continuously retrain their models.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Modeling Software Modeling 98

Logistics Viewpoints

JUNE 8, 2023

Building an in-house solution requires continuous effort to keep it updated with evolving technology, industry trends, and company needs. 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

JANUARY 3, 2022

This model allows the linked convoy to operate for 22 hours continuously under current Hours of Service (HOS) regulations. The post Autonomous Truck Trends for 2022 and Beyond: Can Autonomy Safely Address the Driver Shortage? This means moving the cargo twice as far and twice as fast. appeared first on Logistics Viewpoints.

Trucking 169

Trucking Trends Modeling Software Logistics Network Optimization Software 169

Logistics Bureau

JANUARY 3, 2018

It’s that time when idle chatter at the office Christmas lunch turns to debating what next year will bring, especially among logistics and supply chain professionals, for whom it seems every New Year brings new challenges, trends, and disruptive innovations. The 7 Trends for Supply Chain Pros to Watch in 2018.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software Supply Chain Design 78

Logistics Business Magazine

DECEMBER 22, 2020

Machine vision technology transforms images into actionable information using image analysis for inspection, quality checking, or anomaly detection against a known specification or comparison. Several dynamics and trends are impacting the warehousing and supply chain landscape. These are interdependent technologies.

Supply Chain Software 46

Supply Chain Software Supply Chain Planning Software Automation Trends 46

Logistics Viewpoints

SEPTEMBER 19, 2023

Globalization, nearshoring and friendshoring trends are amplifying the supply chain risks. It is critical that supply chain design tools model real world complexity to effectively model the risks. The bullwhip effect is one example of this disruptive effect, when small changes in demand cause huge demand spikes downstream.

Supply Chain Design Software 155

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 155

Locus

DECEMBER 22, 2021

Enterprises that did not adapt to new trends faced the brunt of COVID-19 pandemic. This was majorly due to their inability to understand and adapt to the changing logistics trends. Welcome to 2022: Top 10 Supply chain logistics trends to watch out for 2022. The year 2021 has proved it once again that Tom McCarthy was right.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimal Sourcing 52

Logistics Viewpoints

JULY 17, 2024

Some of the key measurements that are important to the company include MTBF (mean time between failures/stops), average uptime, MTTR (mean time to repair), and other real-time data and analysis information. MTBF and MTTR impact uptime and efficiency and are particularly important calculations for the company.

Digital 158

Digital Procurement Analytics Manufacturing Procurement Modeling Software 158

20Cube Logistics

JANUARY 22, 2022

We all have seen how the world came to a standstill; we all have witnessed how the financial and social trends across the world underwent a sea-change; we all have experienced how the world became a different place in terms of how we dealt with things. The fundamentals of data analysis lie in data. Data is the new gold.

Optimal Sourcing 75

Optimal Sourcing Supply Chain Planning Software Analysis Supply Chain Software 75

Logistics Viewpoints

DECEMBER 14, 2023

Organizations must take the following steps to bring departments together to create truly resilient and sustainable supply chains: Leverage external data to sense market shifts Look to external causal factors and forecasting models to identify market shifts. Summary Table Step Action 1.

Supply Chain Design Software 156

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Optimal Sourcing 156

Logistics Viewpoints

FEBRUARY 22, 2022

Logistics data allows companies to perform what-if scenario modeling to improve transportation planning efficiency and validate outsourced carrier operations without disrupting daily operational transport planning–resulting in streamlined operations and better productivity. Analyze and track your carbon footprint using logistics data.

Data 114

Data Logistics Network Optimization Software Supply Chain Planning Software Cost Reduction 114

GlobalTranz

FEBRUARY 15, 2017

Consequently, you need to understand the top five trends in manufacturing tech and how they relate back to connected devices and the IoT. The First 5 Manufacturing Tech Trends of 2017. Artificial intelligence also goes back to the increased collection, analysis and application of meaningful data in business.

Modeling Software 74

Modeling Software Cost Reduction Optimization Software Trends 74

SYSPRO Smarter ERP

JUNE 9, 2022

The BI tool needs to be able to easily pull all this data together for analysis. Bringing in additional outside data sources can make analysis even more powerful by enabling one to look at a question from a more holistic point of view. For instance, it’s common for an organization to have key data stored in many disconnected silos.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Software 98

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

GlobalTranz

JANUARY 17, 2018

However, manufacturers must also look beyond systems and software, uncovering how better processes and strategy can enhance operation through these additional trends. Manufacturers Looks to Reduce the Skills Gap, a Consistent Issue When Talking Trends in American Manufacturing. The Dominance of E-Commerce Continues.

Manufacturing Procurement 58

Manufacturing Procurement Cost Reduction Resource Reduction Trends 58

Logistics Viewpoints

MAY 13, 2024

This technology allows businesses to unify their procurement, expense management, invoicing, payments, sourcing, contract management, and spend analysis processes and reporting. And to provide accurate answers, the data must be trained on large language models specific to a particular domain. What Coupa has is really unique.

Procurement Solutions 146

Procurement Solutions Modeling Software Procurement Analytics Logistics Network Optimization Software 146

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