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 167

Trucking Trends Modeling Software Logistics Network Optimization Software 167

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 87

Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software Supply Chain Design 87

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

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 147

Scenario Planning Analysis Events Purchasing Skills 147

SYSPRO Smarter ERP

MAY 2, 2024

ERP trends 2024 – achieving business success through the use of innovative technologies Now that Artificial Intelligence and Machine Learning are firmly established, we expect to see a massive take-up of these technologies by manufacturers in 2024. The other emerging area around AI in ERP focuses on trend analysis and forecasting.

ERP 59

ERP Supply Chain Planning Software Modeling Software Optimization Software 59

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 135

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

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

GlobalTranz

DECEMBER 7, 2015

As we close the year of 2015, we want to take a look at some manufacturing trends for 2016. Manufacturing Business Technology recently wrote the 5 e-commerce trends for 2016 for manufacturers to look at that include: Manufacturers will seek to increase their share of aftermarket parts sales. E-Commerce for Manufacturing.

Manufacturing Procurement 81

Manufacturing Procurement Trends Supply Chain Design Software Supply Chain Planning Software 81

GlobalTranz

NOVEMBER 11, 2016

In other words, they have actually used data analysis to realize what does and does not improve profit margins. For example, an analysis of fuel efficiency may require information on road conditions, tire pressure and octane ratings. Big data is an omnipotent, omnipresent topic in successful business models of modernity.

Supply Chain Software 92

Supply Chain Software Supply Chains Data Sourcing Strategies 92

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 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

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

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

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 154

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

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 78

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 78

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

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 79

Optimal Sourcing Supply Chain Software Logistics Network Optimization Software Trends 79

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 67

Supply Chain Software Automation Supply Chain Planning Software Trends 67

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 157

Digital Procurement Analytics Manufacturing Procurement Modeling Software 157

3PL Links

DECEMBER 3, 2023

Predictive Analysis in Logistics and Supply Chain: How to Apply | Image source: Pexels In logistics, predictive analysis is simply the process of identifying and forecasting patterns, trends, and behaviors in both human and machine learning approaches, data, and algorithms. This ratio increased to 54% in 2022.

Supply Chain Planning Software 48

Supply Chain Planning Software Optimal Sourcing Analysis Supply Chain Software 48

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 155

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Optimal Sourcing 155

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

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 113

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

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

FLS Transport

MARCH 18, 2021

Owner-operator model under assault in CA and Congress. Now the owner-operator model is under assault again. In short… if passed, it will kill the owner-operator model that has been a lifeline of the freight business for decades and add enormous pressure to the current capacity crisis. The Top 7 Stories in Freight.

Freight 98

Freight Price Reduction Inventory Reduction Cost Reduction 98

WorkWave

DECEMBER 2, 2024

In this article, we will explore these last-mile delivery optimization strategies and the role of route optimization software as we look ahead to industry trends shaping the future of delivery in 2025. Businesses can utilize advanced algorithms and machine learning models to predict demand and route performance under varying conditions.

Optimal Sourcing 105

Optimal Sourcing Cost Reduction Resource Reduction Waste Reduction 105

SYSPRO Smarter ERP

NOVEMBER 8, 2021

New trends in supply chain management. 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. Supply chain resilience. Hidden Risk” suppliers.

Supply Chain Planning Software 116

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

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

GlobalTranz

JANUARY 5, 2016

Yesterday we began our two part series on 2016 supply chain trends that will drive supply chain management into the future. As with most trends we all have read over the last few years, the focus was on technology. Supply Chain Trends 2016: 5 Additional More Areas of Focus. We listed the first 7.

Supply Chain Planning Software 64

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 64

3PL Links

DECEMBER 28, 2023

Top Game-Changing Logistics Trends for 2024: Redefining Global Supply Chains | Image source: Flickr Understanding logistics trends is essential for business, and trend research may help organizations of all sizes predict changes, spot areas for innovation, and remain relevant in a market that is becoming more and more competitive.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Trends Sourcing Strategies 48

Talking Logistics

APRIL 12, 2017

In short, Descartes is among the largest supply chain and logistics software companies in the market today (behind SAP, Oracle, Manhattan Associates, and JDA Software), and one of the first to embrace the network/software-as-a-service model (services revenues represented 97 percent of total revenues in FY 2017).

Supply Chain Planning Software 68

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chains 68

Logistics Viewpoints

JANUARY 26, 2021

In fact, IT spend as a percent of business capex crossed over the prior ~10 year average in 2019 and we see that trend extending in early 2020.”. 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 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 145

Procurement Solutions Modeling Software Procurement Analytics Logistics Network Optimization Software 145

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

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

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

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