Log-hub

OCTOBER 1, 2024

Log-hub is expanding its portfolio with the new Inventory Optimization App , a powerful tool designed to streamline inventory management while reducing costs. Tailored for businesses looking to maintain an optimal balance between inventory levels and service quality, this app offers a comprehensive solution to inventory challenges.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Cost Reduction Inventory 52

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

Log-hub

NOVEMBER 22, 2023

7 min read In the dynamic world of supply chain management, optimizing warehouse operations has become an indispensable factor for businesses. Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Log-hub

NOVEMBER 22, 2023

7 min read In the dynamic world of supply chain management, optimizing warehouse operations has become an indispensable factor for businesses. Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Logistics Viewpoints

NOVEMBER 6, 2024

Similarly, UPS uses its ORION system, which integrates real-time and historical data to optimize delivery routes, saving fuel and enhancing delivery reliability. Real-time route optimization allows fleets to adapt to dynamic conditions such as traffic and weather, minimizing fuel consumption and delivery delays.

Supply Chain Planning Software 140

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

Log-hub

MAY 22, 2024

In today’s complex and interconnected global economy, managing supply chains has evolved into a sophisticated discipline that requires advanced tools and strategies. This blog post delves into the intricacies of multi-tier supply chain analytics and optimization, exploring its significance, methodologies, benefits, and challenges.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Material Savings Supply Chain Planning Software 52

Log-hub

MAY 22, 2024

In today’s complex and interconnected global economy, managing supply chains has evolved into a sophisticated discipline that requires advanced tools and strategies. This blog post delves into the intricacies of multi-tier supply chain analytics and optimization, exploring its significance, methodologies, benefits, and challenges.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Material Savings Supply Chain Planning Software 52

Logistics Bureau

JULY 18, 2022

As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy.

Inventory Reduction 108

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 108

Logistics Viewpoints

AUGUST 15, 2024

Supply chain policies and configurations can be evaluated and then optimized across the likely ranges of demand, supply, disruptions, and financial drivers – providing the best plans across strategic and tactical horizons. Despite its immense value, stress testing remains underutilized in today’s supply chains.

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Scenario Planning Supply Chain Planning Software Sourcing Strategies Optimal Sourcing 155

Logistics Bureau

OCTOBER 10, 2022

Before we look at the barriers to optimal inventory and the possible ways to eliminate or overcome them, let’s be clear on what inventory optimisation means—because misconceptions do abound. But ultimately, it comes down to what you assess as optimal inventory performance for your organisation. 1: Service Levels.

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Inventory Reduction Inventory Optimization Modeling Optimization Software 115

EazyStock

OCTOBER 20, 2020

Inventory Control Techniques that use Stock Optimization Best Practices. So we thought we’d focus on the lesser known topic of ‘stock optimization’ – this is an inventory control technique that’s becoming more popular with inventory managers to improve the efficiency of their supply chain. What is stock optimization?

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

FreightWaves SONAR

FEBRUARY 4, 2021

Optimizing truckload freight spend is essential in today’s freight market. Using FreightWaves SONAR’s DHL Pricing Power Index (DHLPPI.USA) allows for the weekly analysis of pricing power between shippers and carriers based on the conditions of the current freight market. Know when to initiate renewed RFP processes.

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Optimization Software Negotiate Pricing Negotiating Skills Optimization Modeling 98

Logistics Viewpoints

JUNE 8, 2023

However, advancements in technology have made it possible for any company to automate and optimize their last-mile delivery operations. The High Cost of Ignoring Delivery Optimization Failing to utilize technology for optimizing delivery processes comes with a steep price.

Modeling Software 135

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

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

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. More and more businesses are therefore turning to inventory optimization software.

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Inventory Reduction Material Savings Price Reduction Cost Reduction 75

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. In each of these cases, inventory optimization software can help.

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Inventory Reduction Cost Reduction Price Reduction Resource Reduction 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. Despite these differences, both SMEs and startups share a common interest in harnessing technology to optimize their logistics operations. Kshetri, N.

Supply Chain Software 52

Supply Chain Software Supply Chains Analysis Logistics Network Optimization Software 52

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.

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

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 Viewpoints

FEBRUARY 22, 2022

The role of logistics in modern companies is not only to support corporate strategy but also to enable it. Data is the enabler that allows companies to meet these changing market dynamics through optimal transportation orchestration. How about your need for a seamless corporate transportation analysis?

Data 114

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

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 136

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

Bringg

MARCH 24, 2021

Supply chain optimization ensures a smoother process and a more successful business model focusing on efficiency and profit. What is supply chain optimization? . Optimizing this process allows it to function at peak efficiency. Best practices for supply chain optimization . Optimizing Your Supply chain network .

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

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. This can lead to improved quality, reduced waste, and optimized production processes. By using BI within their ERP systems, manufacturers can optimize their processes, improve performance, and adapt to changing supply and demand.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Optimization Software 98

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. Your fulfillment center or 3PL should be able to give you this cost or make it easy to find in a few clicks.

eCommerce 105

eCommerce Operations Inventory Reduction Modeling Software 105

Logistics Viewpoints

MARCH 8, 2021

The solution can answer questions like where should new production or distribution capacity be located to optimally accommodate anticipated growth in demand? 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.

Supply Chain Design Software 171

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Supply Chain Software 171

MTS Logistics

SEPTEMBER 5, 2024

This model facilitates quicker and more effective delivery but also adds complexity to logistics and distribution networks. Products now need to be distributed across various regions and countries, which requires optimization in storage, packaging, and transportation processes. E-commerce has also impacted transportation costs.

Optimal Sourcing 79

Optimal Sourcing Distribution Logistics Network Optimization Software Networks 79

EazyStock

FEBRUARY 1, 2021

trillion by 2023 , indicating a need for more robust online sales strategies. For businesses to succeed in eCommerce they must ensure they have an effective eCommerce supply chain strategy. Here are ways you can optimize your inventory management practices for eCommerce competitiveness: How to Manage eCommerce Inventory.

Inventory Reduction 52

Inventory Reduction Optimization Software eCommerce Inventory 52

Talking Logistics

SEPTEMBER 11, 2017

In such a scenario, what is the optimal way to load these trailers and route the deliveries? When you consider that large grocery retailers and distributors have hundreds or thousands of trucks, along with thousands of pickup and delivery locations, the route optimization problem becomes, well, truly mind-boggling!

Optimal Sourcing 63

Optimal Sourcing Optimization Modeling Optimization Software Optimization 63

WorkWave

JUNE 27, 2024

This blog will delve into the current state of driver availability, its causes, consequences, strategies for mitigating the challenge, and future outlooks and long-term solutions. By optimizing routes, companies can ensure that drivers spend less time on the road and more time fulfilling orders, therefore increasing productivity.

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Optimal Sourcing Supply Chain Planning Software Optimization Software Availability 92

Log-hub

SEPTEMBER 17, 2024

Along with this, we will also cover the significance of inventory policies, types, and various other aspects to help you optimize your inventory management in the right way.  Table of Contents What Are Inventory Policies? How Does It Help in Demand Planning and Inventory Optimization?

Inventory Reduction 40

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 40

CLX Logistics

FEBRUARY 22, 2024

From optimizing operational efficiency to maximizing cost savings, organizations must navigate a complex landscape of competing priorities and evolving market dynamics. Organizations leverage AI-powered tools to automate routine tasks, extract actionable insights from large datasets, and optimize real-time procurement strategies.

Optimal Sourcing 52

Optimal Sourcing Procurement Negotiating Skills Supply Chain Software 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

Logistics Viewpoints

SEPTEMBER 19, 2023

Supply chain executives must evolve from cost and service as the key objectives for optimal demand-supply balancing towards the “quadfecta” of cost, service, resiliency, and sustainability. It is critical that supply chain design tools model real world complexity to effectively model the risks. are most exposed to risk?

Supply Chain Design Software 155

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

CLX Logistics

NOVEMBER 21, 2023

When looking ahead to the future, it’s crucial to reflect on the past year, identify emerging trends, and strengthen strategies for benchmarking and procurement. The focus shifted towards salary and personnel-based internal strategies, allowing them to stabilize in comparison. They demand results, and rightly so.

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Optimal Sourcing Manufacturing Procurement Procurement Cost Reduction 66

Logistics Viewpoints

NOVEMBER 11, 2021

Reporting to keep the inventory strategy fresh and supporting the goals of the organization. Is a replenishment strategy needed? Investing time to construct an optimal flow of material in the warehouse will reduce unneeded steps. Investing time to construct an optimal flow of material in the warehouse will reduce unneeded steps.

Inventory Reduction 139

Inventory Reduction Inventory Cost Reduction Material Savings 139

Conger

MARCH 28, 2024

This data helps in identifying areas for improvement, optimizing operations, and making data-driven decisions. Benefits of Fleet Management Operational Efficiency Businesses can implement numerous strategies to streamline workflows to enhance operational efficiency in fleet management.

Optimization Software 72

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 72