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 170

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

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.

Inventory Reduction 124

Inventory Reduction Inventory Optimization Modeling Optimization Software 124

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.

Optimization Software 98

Optimization Software Negotiate Pricing Negotiating Skills Optimization Modeling 98

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

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 139

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

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.

Scenario Planning 154

Scenario Planning Supply Chain Planning Software Sourcing Strategies Optimal Sourcing 154

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

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 113

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

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 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 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. Demand Planning Models Really Can Learn.

Supply Chain Planning Software 178

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

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.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction 75

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 138

Inventory Reduction Inventory Cost Reduction Material Savings 138

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

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 64

Optimal Sourcing Optimization Modeling Optimization Software Optimization 64

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

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 154

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

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

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

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

Log-hub

MARCH 6, 2024

Log-hub, a Swiss-based technology company, is pioneering this shift with sophisticated mathematical optimization models designed to seamlessly integrate electric vehicles (EVs) into the supply chain. This model incorporates not just route planning but also charging requirements and cost implications of electric truck operations.

Optimal Sourcing 40

Optimal Sourcing Sourcing Strategies Cost Reduction Resource Reduction 40

Log-hub

MARCH 6, 2024

Log-hub, a Swiss-based technology company, is pioneering this shift with sophisticated mathematical optimization models designed to seamlessly integrate electric vehicles (EVs) into the supply chain. This model incorporates not just route planning but also charging requirements and cost implications of electric truck operations.

Optimal Sourcing 40

Optimal Sourcing Sourcing Strategies Cost Reduction Resource Reduction 40

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

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

AIMMS

OCTOBER 22, 2019

We then changed strategy and decided to sell some of our supply chain services in the external market, and we were successful in winning contracts with some major utility and telco customers within the UK. It has helped us dynamically optimize our engineer sources as we go. Until recently, BT Supply Chain was an internal cost center.

Supply Chain Design Software 96

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Software 96

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

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.

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

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

GlobalTranz

APRIL 6, 2015

Monitoring and analysis of this data may provide opportunities to intervene before issues becomes major problems. Analysis and optimization of complexity requires a complete understanding of market volatility, fragmented customer segments, globalization, and sustainability. 3) Risk Management. 5) Technology Matters.

Optimal Sourcing 118

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

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. Focus on Long-Term Strategy and Benefits, Not Just Costs.

Cost Reduction 10

Cost Reduction Inventory Reduction Vendor Strategies Price Reduction 10

Logistics Viewpoints

FEBRUARY 8, 2022

According to a recent article in Forbes , 48% of consumers today prefer a hybrid shopping model that combines online and in-store components. As disruptive events occur along the digital thread, the entire organization can act in a fluid, connected manner to optimize costs, service levels and other outcomes.

Optimal Sourcing 123

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 123

SYSPRO Smarter ERP

OCTOBER 20, 2021

This would make it almost impossible to identify any trends around things like customer preferences and demands, as well as to define the optimal future direction for your organization from a technology perspective if the organization only produced analogue data. Digital transformation: a strategy.

Digital 133

Digital Factories Supply Chain Planning Software Supply Chain Software 133

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

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

Logistics Viewpoints

JUNE 29, 2021

The most effective organizations conduct data maturity modeling and implement best practices around master data management and data federation. Master data management helps ensure uniformity, accuracy and consistency of data, while data federation optimizes it for analysis.

Data 156

Data Supply Chain Design Software Supply Chain Planning Software Digital 156

Logistics Viewpoints

MARCH 21, 2021

Supply chain design software requires scenario development and analysis to an even greater degree than other supply chain planning solutions. But Nicolas Frasquet, the executive director of corporate procurement, asserts the savings are not just based on optimization technology. Coupa has developed a supply chain design maturity model.

Supply Chain Planning Software 161

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 161