3PL Links

DECEMBER 17, 2024

Image source: iStocks | Top 7 Most Impactful Logistics Trends to Watch in 2025 As another year comes to an end, managers and business owners are dedicating themselves to a crucial stage in the success of any business: evaluating what worked and what can be improved in their operations.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Trends Logistics Network Optimization Software 62

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

APRIL 5, 2023

ARC Advisory Group, where I work, publishes an analysis of the 25 manufacturers with the most mature digital transformations. Predictive analytics is used significantly more than artificial intelligence to optimize, as 35 percent are using predictive analytics compared to 17 percent for artificial intelligence.

Digital 163

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

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. Another crucial factor is the pace of innovation.

Modeling Software 135

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

AIMMS

FEBRUARY 2, 2015

The business had recently pivoted towards a younger, more frequent buyer with the emphasis on dynamic, on-trend fashion. An analysis leveraging sales data and geographical lifecycle indicators classified inventory into three major segments: Dead stock – simply an (unwelcome) snapshot of stock that has no buyer without deep discounting.

Optimization Modeling 84

Optimization Modeling Optimization Software Optimization Supply Chains 84

TransAudit

JUNE 27, 2023

The supply chain, an integral part of modern commerce, continues to evolve, learning from the impacts of industry trends and global events over the years. Machine learning presents a solution by optimizing the flow of products from one location to another. It thrives on reliable, high-quality, and timely information.

Optimal Sourcing 68

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 68

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

ShipLilly

JUNE 23, 2021

Maintenance is carried out at optimal stages rather than following a timetable that may be written without any insight into when and how a piece of equipment is going to break down. Function 2: Optimizing manufacturing processes. Companies are optimizing their manufacturing processes through artificial intelligence.

Optimal Sourcing 87

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 87

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

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. <br>- Optimize transportation routes for reduced carbon footprint.

Supply Chain Design Software 155

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

Logistics Viewpoints

APRIL 11, 2023

This approach was suitable for a time where disruptions were rare, supply and demand variability were limited, and the supply chain was optimized to lower costs and low complexity. 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

Further, while artificial intelligence helps solve certain types of problems, Jay Muelhoefer – the chief marketing officer at Kinaxis pointed out – optimization and heuristics work better for other types of planning problems. So, models for heavy process industries often include first principle parameters.

Supply Chain Planning Software 178

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

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

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

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. Globalization, nearshoring and friendshoring trends are amplifying the supply chain risks. This is where AI can make all the difference.

Supply Chain Design Software 154

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

MTS Logistics

MARCH 17, 2023

In addition, businesses are working to optimize their transportation networks to reduce emissions and improve efficiency. This can include the adoption of circular supply chain models, where waste products are reused or recycled as inputs for other processes.

Optimal Sourcing 79

Optimal Sourcing Supply Chain Software Logistics Network Optimization Software Trends 79

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

FEBRUARY 22, 2022

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? Organizations realize the need for agility to pivot their logistics operations quickly, allowing them to meet new market conditions.

Data 113

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

Logistics Viewpoints

MARCH 4, 2021

Modeling the impact of weather events. Modeling impact of promotions and campaigns. Understanding the impact of external trends on your sales performance. Optimizing supply and demand matching across the end-to-end supply chain. Analyzing the root cause of stock outs. key customers and/or suppliers). and Europe.

Supply Chain Planning Software 164

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 164

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. How predictive analytics works in logistics?

Supply Chain Planning Software 48

Supply Chain Planning Software Optimal Sourcing Analysis Supply Chain Software 48

TransAudit

JULY 6, 2023

The supply chain, an integral part of modern commerce, continues to evolve, learning from the impacts of industry trends and global events over the years. Machine learning presents a solution by optimizing the flow of products from one location to another. It thrives on reliable, high-quality, and timely information.

Optimal Sourcing 52

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

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

JUNE 29, 2021

Data should also be inspected at a unit level, as well as at an aggregate level, as the latter can illuminate bigger-picture trends. The most effective organizations conduct data maturity modeling and implement best practices around master data management and data federation. The next step is to inform someone.

Data 156

Data Supply Chain Design Software Supply Chain Planning Software Digital 156

EazyStock

FEBRUARY 1, 2021

In contrast: eCommerce inventory optimization is the art of predicting and managing supply and demand variables while undertaking inventory management processes. The objective of eCommerce inventory optimization is to have the right products in the right place at the right time – as efficiently and cost-effectively as possible.

Inventory Reduction 52

Inventory Reduction Optimization Software eCommerce Inventory 52

Log-hub

MAY 22, 2024

The concept of multi-tier supply chain analytics and optimization has become a critical component for companies aiming to maintain competitive advantage, ensure efficiency, and respond rapidly to market changes. PRESCRIPTIVE ANALYTICS : Suggests actions based on data analysis. AI can play an important role in inventory optimization.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Material Savings Supply Chain Planning Software 52

Log-hub

MAY 22, 2024

The concept of multi-tier supply chain analytics and optimization has become a critical component for companies aiming to maintain competitive advantage, ensure efficiency, and respond rapidly to market changes. PRESCRIPTIVE ANALYTICS : Suggests actions based on data analysis. AI can play an important role in inventory optimization.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Material Savings Supply Chain Planning Software 52

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

EazyStock

JUNE 24, 2020

Inventory optimization software is an important piece of the puzzle. In this four part blog series we discuss how inventory management teams can use inventory optimization to help deal with the impact of the Coronavirus in the medium and long term, focusing on demand forecasting, supplier management and inventory planning.

Procurement Solutions 98

Procurement Solutions Inventory Reduction Inventory Supply Chain Planning Software 98

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

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. You’ve probably travelled a fair way down this road already.

Digital 133

Digital Factories Supply Chain Planning Software Supply Chain Software 133

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

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

SYSPRO Smarter ERP

JULY 3, 2023

ML systems can identify patterns from the large amounts of structured and unstructured business and industry data that companies increasingly collect, and provide analysis and insights to users to help their decision-making. Product development When designing a new product or improving an existing one, extensive data analysis is required.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Data Optimization Software 98

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. Despite these differences, both SMEs and startups share a common interest in harnessing technology to optimize their logistics operations.

Supply Chain Software 52

Supply Chain Software Supply Chains Analysis Logistics Network Optimization Software 52

GlobalTranz

APRIL 20, 2021

Look for a TMS or a managed transportation services provider with the technological capability to provide real-time data to drive optimized decision-making. For example, GlobalTranz’s Cost Prediction Model provides intelligence on pricing and market trends via a live dashboard. Redesign your network.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

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

GlobalTranz

OCTOBER 6, 2021

As the state of the trucking market evolves and innovations improve , OTR freight management technologies and logistics service providers offer transportation management optimization to help businesses avoid significant supply chain disruption. Download the White Paper: Over the Road Freight Management Trends. Learn More.

Optimal Sourcing 86

Optimal Sourcing Optimization Software Modeling Software Supply Chain Software 86