The Lean Thinker

APRIL 20, 2020

At KataCon 2020, Steve Medland posed a problem that comes up fairly often: The default Toyota Kata process analysis (“grasp the current condition”) involves determining takt times and cycle times for the process, and a lot of processes don’t have an obvious repeating cadence. Don’t Confuse the Tool with the Goal.

Capacity 360

Capacity Tools Examples Presentation 360

MTS Logistics

SEPTEMBER 8, 2023

Source: Company Reports, Linerlytica 2. Source: Clarksons, ING Research 3. Source: Drewry, ING Research This excess capacity can only be managed or at least tried to be managed by carriers scrapping older vessels, slow steaming, and blank sailings, which will affect shippers supply chain performances.

Analysis 99

Analysis Supply Chain Software Sourcing Supply Chains 99

SYSPRO Smarter ERP

JUNE 9, 2022

Mid-market manufacturers need a tool that’s tailored to their needs. 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.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Software 98

Logistics Viewpoints

SEPTEMBER 19, 2024

There is limited value to running an outdated process faster, and that value drops considerably when significant portions of the process run outside the enterprise tools. Planners spend considerable time preparing scenario planning and not the actual analysis. Instead, your planning team continues to be overworked and stressed.

Supply Chain Planning Software 156

Supply Chain Planning Software Scenario Planning Supply Chain Software Supply Chains 156

GlobalTranz

MARCH 24, 2015

Carriers in the trucking industry and also shippers today are actively looking for ways to combat the rising costs of operating their businesses, but they often do not fully understand proper benchmarking, transportation cost analysis, and profit management are intertwined. The ATA can also provide you with specific materials on the subject.

Purchasing Skills 94

Purchasing Skills Cost Reduction Analysis Procurement Analytics 94

Logistics Viewpoints

FEBRUARY 20, 2024

Supply chain network design (SCND) is a powerful tool for improving business operations. Optimal sourcing plant is different for different periods A baseline optimization model shows that depending on the period (month), the optimal sourcing location varies. Optimization and simulation are the two main branches of SCND.

Supply Chain Design Software 168

Supply Chain Design Software Sourcing Strategies Supply Chain Design Inventory Reduction 168

Logistics Viewpoints

JULY 23, 2024

Collaborative discussions can help identify relevant data sources and metrics that capture the end-to-end supply chain process and align with overall business goals. Data inventory and assessment: Conduct a comprehensive inventory of available data sources within the organization, including internal systems (e.g., sensors, RFID tags).

Optimal Sourcing 172

Optimal Sourcing Supply Chain Software Supply Chains Data 172

Logistics Viewpoints

FEBRUARY 15, 2022

True resiliency is achieved when supply chain leaders can predict issues and dynamically respond – from sourcing and manufacturing to final delivery – with agile solutions. Real-time analysis of integrated data spanning customers, partners and suppliers will lead to outcomes that better match supply and demand while containing costs.

Supply Chain Planning Software 186

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 186

Logistics Viewpoints

MARCH 25, 2021

Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. Price fluctuations and sourcing issues.

Supply Chain Planning Software 198

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 198

SYSPRO Smarter ERP

AUGUST 31, 2023

To build and customize reports many teams use Excel, the accountant’s favorite tool. A better way is to connect your Excel reports directly to the data source and get the same reports you used to spend hours or days creating, in minutes. Pulling data takes time and then you must format it for analysis and check for errors.

Optimal Sourcing 111

Optimal Sourcing Optimization Software Data Optimization 111

IoT World Today

MAY 21, 2020

Supply chain recovery hinges on incorporating robust data analytics and other data-driven tools into business operations to increase efficiency, reduce costs and proactively manage risk. Many product components are sourced from Asia, which experienced a major slowdown in production in early 2020. Supply Chain Faces Perfect Storm.

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 145

The Logistics of Logistics

FEBRUARY 11, 2022

If new hardware is required, it can often be sourced from the WMS vendors. But as these are largely commodity devices, a smart strategy can be to source this hardware separately, with the advice and recommendations from the WMS vendor. Often, a company already has some existing hardware that can be re-purposed with the new WMS.

Modeling Software 221

Modeling Software Logistics Network Optimization Software Cost Reduction Vendor Strategies 221

Logistics Viewpoints

MARCH 1, 2021

Once the analysis was done for Year One set up, Year Two was pretty much the same. The introduction of smoke-free products made the use of spreadsheet tools far less efficient in the capacity and sourcing planning as the new product categories had rapid growth. “We The tool was able to create a model going out multiple years.

Supply Chain Design Software 131

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 131

The Logistics of Logistics

MARCH 25, 2022

He has won two regional Gold Medals from the American Society of Business Publication Editors for government coverage and news analysis, and was voted best for feature writing and commentary in the Trade/Newsletter category by the D.C. Chapter of the Society of Professional Journalists.

Logistics Network Optimization Software 195

Logistics Network Optimization Software Freight Supply Chain Software Supply Chains 195

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

SYSPRO Smarter ERP

SEPTEMBER 4, 2023

As data becomes a critical resource in modern organizations, business users are clamoring for tools to ease access to data for reporting and dashboards. Production EA can bring predictive analytics and mobile-friendly tools for manufacturers to ensure high quality, optimized performance and yield, and reduced costs.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimization Software ERP 111

10xLogistics

MAY 14, 2024

Tools like CPFR (Collaborative Planning, Forecasting, and Replenishment) can enhance this process by aligning all stakeholders on shared objectives and data. Utilizing a centralized data repository that can aggregate and process data from various sources helps maintain data integrity and accessibility.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Modeling Software Scenario Planning 62

FreightWaves SONAR

JULY 18, 2024

Excel analysis of the new SONAR tool shows how truckload competes with rail intermodal by lane Prior to last month, SONAR data was available in two ways: by using the browser-based visualization tool or via an API connection. The degree of competitiveness between truckload and domestic rail intermodal is mixed by lane.

Tools 52

Tools Data Analysis Sourcing 52

SYSPRO Smarter ERP

APRIL 17, 2023

Unfortunately, without proper processing and analysis, this data is of little use to the organization. BI is a powerful tool that can help companies drive informed decisions, improve their planning processes, and maintain a competitive edge in the marketplace. This enables managers to take swift action and keep production on track.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Optimization Software 98

Logistics Viewpoints

MARCH 17, 2022

When my fiance heard about the price, he advised that I find a local hairdresser and set up a frequent-shopper account with them for a few months until the tool is back in stock. It provides a single source of truth with visibility and analytics based on the same data. Network cost modeling. Automated forecasting processes.

Supply Chain Planning Software 191

Supply Chain Planning Software Modeling Software Optimization Software Scenario Planning 191

Transporeon

MARCH 13, 2017

Procurement professionals, if you are considering a transition from manual and Excel-based RF(x) to online automated e-sourcing platforms, here is the information you need to mitigate fear, uncertainty and doubt in your supplier base. But feedback from suppliers on the available procurement automation platforms tends toward the negative.

Sourcing 48

Sourcing Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 48

Logistics Viewpoints

OCTOBER 9, 2024

As businesses face tighter regulations on product safety, sustainability, and ethical sourcing, Digital Product Passports (DPPs) are becoming crucial for navigating these challenges. Environmental Protection Agency focuses on lifecycle analysis and waste management.

Compliance 141

Compliance Digital Sourcing Strategies Waste Reduction 141

Transporeon

JANUARY 25, 2018

The challenge For many years, Amway had used a generic sourcing tool that only facilitated communications with the company’s carriers rather than providing access to a supplier database and a collaborative environment to conduct sourcing events. It is a good feeling to know that you have control over the negotiation process.”

Negotiating Skills 48

Negotiating Skills Manufacturing Procurement Cost Reduction Supply Chain Planning Software 48

Logistics Viewpoints

SEPTEMBER 19, 2023

Using technology to de-risk supply chains From a technology perspective, supply chain design tools have been developed from the ground up to handle uncertainty and risks, generate scenarios that identify risks proactively, and provide solutions to mitigate these risks. This is where AI can make all the difference.

Supply Chain Design Software 167

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 167

Logistics Viewpoints

JULY 17, 2023

For example, it can look like imports from China are cheaper than the same goods imported from Mexico if a company is not relying on analysis produced by an advanced good global trade compliance (GTC) system. Global trade compliance really needs to be part of companies strategic sourcing programs.

Supply Chain Planning Software 128

Supply Chain Planning Software Compliance Supply Chain Software Optimization Software 128

Logistics Viewpoints

FEBRUARY 26, 2024

Everything from contrast dye, to tubing, to medical devices with embedded semiconductor chips would suddenly become difficult to source. This analysis surfaced the need for alternative suppliers for these products. What’s Next One of the tools Interos provides is the i-Score.

Supply Chain Planning Software 178

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 178

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Supply chain planning involves interaction with different types of information based on internal and external data sources. These data sources are often spread across multiple platforms and come in various formats.

Supply Chain Planning Software 172

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 172

Logistics Viewpoints

FEBRUARY 14, 2022

ARC Advisory Group, where I work, recently announced the publication of their analysis of the 25 manufacturers with the most mature digital transformations. In fact, their digital champions began by aggressively expanding their sources of wisdom beyond their historic and current resources. This is the inaugural edition of the report.

Supply Chain Design Software 135

Supply Chain Design Software Digital Supply Chain Software Manufacturing Procurement 135

SYSPRO Smarter ERP

MARCH 20, 2024

Common issues include: Lack of data-source integration. The ability to gather and compare data from multiple sources is vital to making real-time decisions. Storage costs increase significantly when you duplicate data across multiple sources. In recent years, the amount of data available to most companies has exploded.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Expense Reduction Cost Reduction 105

Logistics Viewpoints

MAY 29, 2024

GTC solutions automate the discovery, creation, retention, analysis, and communication of information about international supply chains that is of importance to customs and other government authorities responsible for regulation and taxation of cross-border trade. But paying the right tariffs is far from simple.

Compliance 164

Compliance Supply Chain Software Optimal Sourcing Optimization Software 164

Logistics Viewpoints

SEPTEMBER 18, 2024

Major automation companies were considered in the analysis by exploring their value proposition in terms of what hardware, software, and services they provide to the industry. At ARC, we are planning to develop a new champions radar focused on Plastic Circularity, and those digital tools that end users are looking for.

Supply Chain Planning Software 113

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Modeling Software 113

Material Handling and Logistics

JANUARY 22, 2019

It has developed technology which uses AI-powered big data analysis to enable accelerated development of recovery plans when disasters occur. -- UK property company Landsec has reduced its energy intensity by 14.3% (kWh/m2) by introducing energy savings initiatives; a reduction which equated to estimated cost savings of GBP£2.8 million (US$3.6

Material Savings 107

Material Savings Manufacturing Procurement Purchasing Skills Cost Reduction 107

SYSPRO Smarter ERP

NOVEMBER 8, 2021

One source reports disruptions increased over 60% between 2019 and 2020. Source: McKinsey. This may even suggest much larger safety stocks and in some cases, a whole new sourcing agreement. Review sourcing and suppliers. This means identifying and securing alternate sources for all risky materials.

Supply Chain Planning Software 116

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

AIMMS

NOVEMBER 2, 2020

This can result in different teams using different data formats, diverging results from data analysis, and hence poorly aligned decision making. In such cases, it’s hard to align the team around a common source of truth. Tooling is there to support organizations in decision making once the process improvements are clearly identified.

Supply Chain Planning Software 127

Supply Chain Planning Software Purchasing Skills Cost Reduction Optimal Sourcing 127

GlobalTranz

APRIL 20, 2021

A resilient supply chain incorporates alternative sources, carriers, routes, and other characteristics so that it can flex in response to a situation. To increase resiliency, consider broadening the supplier base and adding local or near-shore sources. Build organizational resiliency to support your supply chain strategy.

Supply Chain Planning Software 115

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

WorkWave

DECEMBER 2, 2024

By harnessing data from various sources, businesses can gain insights into customer preferences, peak delivery times, and route efficiency. For example, if delivery times consistently exceed targets, further analysis may reveal specific routes that require optimization or additional resources.

Optimal Sourcing 105

Optimal Sourcing Cost Reduction Resource Reduction Waste Reduction 105

Logistics Viewpoints

JULY 27, 2021

Capturing it, cleaning it, screening it and analyzing it to determine better routes, better prices, and better sources is foundational to smart logistics operations. Our mission and core values are the foundation of our culture and guiding source in our interactions.

Supply Chain Planning Software 148

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 148