Logistics Viewpoints

DECEMBER 15, 2022

For companies that want to go beyond the traditional spreadsheet, which cannot handle this ocean of information efficiently, statistical methods such as cluster analysis can help. What is Cluster Analysis? Cluster analysis is a statistical umbrella term for methods that classify data points according to their attributes.

Optimal Sourcing 116

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 116

Logistics Business Magazine

MARCH 19, 2024

UK-based robotics and data intelligence company Dexory is introducing a first of its kind, AI-powered logistics engine to help warehouses maximize operational efficiency, optimize inventory management, and enhance the overall warehouse agility and responsiveness.

Optimization Software 55

Optimization Software Supply Chain Design Software Supply Chain Planning Software Modeling Software 55

Logistics at MPEPS at UPV

APRIL 4, 2023

For a sport as demanding as football, and the extreme training and nutrition they need to have, teams turn to technology and data analysis to become better each day. Data Analysis: The USWNT uses data analysis to optimize their travel schedules and training routines. This includes the logistics.

Analysis 52

Analysis Training Logistics Network Optimization Software Optimization Software 52

FreightWaves SONAR

APRIL 16, 2024

Brokers are able to view current spot and contract rates, variability in the rates, Lane Scores and Outbound Tender Rejections for the origin, which improves their network optimization on the loads they are currently running. The post How Brokers Optimize Their Network With Market Dashboard Plus appeared first on SONAR.

Optimization Software 52

Optimization Software Optimization Networks Network Optimization Software 52

TransAudit

JUNE 27, 2023

Machine learning presents a solution by optimizing the flow of products from one location to another. This optimization reduces costs associated with inventory holding, improves quality, minimizes waste, and ensures products arrive in the marketplace just in time, thereby enhancing overall operational efficiency.

Optimal Sourcing 69

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 69

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. 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. 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

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

Machine learning presents a solution by optimizing the flow of products from one location to another. This optimization reduces costs associated with inventory holding, improves quality, minimizes waste, and ensures products arrive in the marketplace just in time, thereby enhancing overall operational efficiency.

Optimal Sourcing 52

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

The Logistics of Logistics

MARCH 15, 2024

From optimizing carrier operations at UPS to leading logistics functions for giants like Staples and Perry Ellis, she’s seen it all. Their three-step engagement process pairs a people first attitude with expert optimization techniques: Discover Pain Points, Root Cause Analysis, & Implement Solutions.

Logistics Network Optimization Software 297

Logistics Network Optimization Software Optimization Software Logistics White Paper 297

3PL Links

FEBRUARY 6, 2023

Supply Chain Optimization Tips | Image Source: Flickr A company’s supply chain is made up of players at various levels and diverse logistical components, each of which plays a crucial role. Supply Chain Optimization Tips | Image Source: Lokad 3. They enable the automation and optimization of many workspaces.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Optimization Software 62

Log-hub

NOVEMBER 6, 2023

Optimizing stock levels is a crucial aspect of this process, since overstocking can tie up valuable capital and lead to increased storage costs, while under stocking can result in lost sales and dissatisfied customers. In today’s fast-paced business world, the need for efficient supply chain management has never been greater.

Optimization Software 52

Optimization Software Inventory Reduction Optimization Cost Reduction 52

GlobalTranz

JULY 28, 2021

Additional opportunities can be reached through transportation optimization whether using a 3PL or 4PL. It's important to understand how transportation optimization can work well with managed transportation service providers to attain that goal. Defining Transportation Optimization.

Optimal Sourcing 126

Optimal Sourcing Optimization Software Optimization Supply Chain Design Software 126

EazyStock

MARCH 9, 2021

What is ABC Analysis? ABC inventory analysis is a method used to classify a business’s stock items into three categories – A, B and C, based on their value to the business. In this blog post we’ll delve deeper into the intricacies of ABC analysis and how it can help businesses improve their inventory management practices.

Analysis 83

Analysis Inventory Optimization Software Procurement Solutions 83

Loginext

NOVEMBER 21, 2023

This article outlines the various ways that delivery route optimization software can help your organization cut down on costs. By utilizing the software's features, you can optimize the number of deliveries that your logistics operation completes in a given time frame, minimizing travel time and increasing productivity.

Optimization Software 71

Optimization Software Cost Reduction Logistics Network Optimization Software Resource Reduction 71

Log-hub

AUGUST 1, 2023

Additionally, they can utilize benchmark tariffs, cost adjustments, and consolidation rules to optimize expenditures. This release brings enhancement in routing optimization as well. Introducing Shipment Analyzer and Routing Optimization Enhancements appeared first on Log-hub. Book a demo The post Log-hub 3.3:

Optimization Software 52

Optimization Software Optimization Supply Chain Planning Software Demo 52

FreightWaves SONAR

APRIL 8, 2021

One of the most significant challenges facing logistics managers is route optimization. Proper access and application of real-time data change, such as the ticker comparison above, showing how initial savings in intermodal start compare to rejections over the last three months, can provide insight for optimization.

Optimization Software 98

Optimization Software Optimization Data Supply Chain Planning Software 98

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.

Optimization Software 98

Optimization Software Negotiate Pricing Negotiating Skills Optimization Modeling 98

Talking Logistics

MARCH 27, 2019

Optimization is a ubiquitous term in the supply chain and logistics industry. We all talk about how we need to optimize our operations. In practice, however, relatively few companies are using optimization technology, particularly in transportation. Why is transportation optimization key today? Types of optimization.

Optimization Software 98

Optimization Software Optimization Modeling Optimization Supply Chain Planning Software 98

Stord

JANUARY 22, 2018

Whether you are a small business owner or a corporate logistics manager, it’s crucial to stay attuned to the most innovative ways to optimize your distribution network. Whatever the motivation, reassessing your distribution network optimization is an absolute necessity. Distribution network optimization is more relevant than ever.

Network Optimization Software 78

Network Optimization Software Distribution Optimization Networks 78

Talking Logistics

OCTOBER 22, 2019

Supply chain costing is the collection, expense assignment, and analysis of cost information across all the work activities comprising a supply chain for the purpose of identifying opportunities to obtain a competitive advantage through a combination of reduced costs or improved performance. Read more Optimizing Your Supply Chain Costing.

Cost Reduction 60

Cost Reduction Supply Chains Optimization Expense Reduction 60

FreightWaves SONAR

DECEMBER 15, 2020

A freight spend analysis can help cut those extra costs. Performing a freight spend analysis reveals extra costs deriving from unforeseen issues. Let’s look at a few best practices and steps to conduct a comprehensive, insightful cost analysis. Know the scope and value of a freight spend analysis.

Analysis 59

Analysis Procurement Analytics Optimization Software Optimal Sourcing 59

Locus

APRIL 3, 2023

An effective logistics solution is critical for optimizing supply chain efficiency, reducing costs, improving customer satisfaction, and supporting sustainability goals. This article will provide easy insight into the world of logistics management—from the key components and challenges to tips on optimizing it for your business.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain 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

Logistics Viewpoints

FEBRUARY 8, 2024

In today’s fast-paced and competitive business landscape, optimizing warehouse operations is crucial for achieving operational efficiency. Not only can you optimize performance but you’ll also help create needed agility, make smarter decisions and be future ready.

Optimization Software 144

Optimization Software Modeling Software Efficiency Inventory Reduction 144

EazyStock

MARCH 4, 2021

How to Increase Inventory Turnover with Inventory Optimization. The concept of inventory optimization helps many businesses improve their inventory turnover – without damaging stock availability. Six Ways to Improve Inventory Turnover (with Inventory Optimization). A basic form of inventory categorization is ABC analysis.

Optimal Sourcing 59

Optimal Sourcing Inventory Reduction Inventory Optimization Software 59

Supply Chain Brain

OCTOBER 31, 2023

Data analysis can also be used to compare the performance of different facilities to understand where improvements need to be made. Companies considering technology investments to optimize DC operations should do so sooner rather than later.

Data 98

Data Optimization Software Analysis Optimization 98

Turvo

FEBRUARY 8, 2022

A robust platform optimized and designed for adaptability will provide the best framework for supply chain processes. Databased dashboard for fast data analysis and sharing in the network. This focus on optimal network design and operation helps the supply chain survive shifts in consumer demands and shipping lane disruptions.

Optimization Software 77

Optimization Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 77

Bringg

MARCH 24, 2021

Supply chain optimization ensures a smoother process and a more successful business model focusing on efficiency and profit. First, let’s define what supply chain optimization means, the different factors involved, and how the right supply chain optimization techniques and solutions can help you support your key business initiatives. . .

Optimal Sourcing 62

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

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

20Cube Logistics

NOVEMBER 13, 2019

Predictive analysis, today is part of all major business operations and processes to help forecast trends, events and to find solutions for complexities. According to Forbes, predictive analysis is mandatory in logistics as it relies heavily on accuracy and timeliness to achieve success. Route optimization. billion USD to 12.4

Supply Chain Software 40

Supply Chain Software Analysis Supply Chains Inventory Reduction 40

Logistics at MPEPS at UPV

MAY 2, 2023

Nevertheless, startups can take advantage of their entrepreneurial mindset and risk tolerance to experiment with disruptive supply chain solutions, such as implementing blockchain technology or leveraging the sharing economy to optimize asset utilization (Kshetri, 2017; Gonçalves et al., References Accenture. K., & Sharma, M. TechCrunch.

Supply Chain Software 52

Supply Chain Software Supply Chains Analysis Logistics Network Optimization Software 52

Turvo

OCTOBER 7, 2021

Their integration with Turvo’s existing logistics systems will provide shippers with real-time data, communication, as well as in-depth data analysis. The post Turvo Partners with Banyan Technology to Drive Cost Savings by Optimizing Transportation Management appeared first on Turvo.

Optimization Software 85

Optimization Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 85

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