SYSPRO Smarter ERP

NOVEMBER 21, 2022

Keeping the right level of inventory requires a technique called inventory optimization. But for larger, complex environments, a more sophisticated inventory management system is needed to collect, process, manage and report on all the data, in as near to real-time as possible. Inventory optimization. The rise of Industry 4.0

Optimal Sourcing 111

Optimal Sourcing Inventory Reduction Inventory ERP 111

SYSPRO Smarter ERP

JULY 2, 2024

This blog discusses how manufacturers can start making AI a reality. 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 models learn from data.

Supply Chain Planning Software 105

Supply Chain Planning Software Modeling Software Optimization Software Supply Chain Design Software 105

Locus

OCTOBER 5, 2021

With the supply chains of all businesses going through a transformational shift, it is important for them to make tough decisions concerning logistics models. After the pandemic hit, flexible logistics models helped businesses to easily penetrate into dense urban markets at economical costs. What is fixed logistics?

Modeling Software 52

Modeling Software Optimization Modeling Modeling Supply Chain Planning Software 52

Blue Grace Logistics

AUGUST 29, 2024

Key Takeaways: Optimize Your LTL Experience: Discover actionable insights on adapting to evolving trends and improving efficiency based on expert advice and market shifts. Understand Sector Impacts: Explore how other transportation modes influence the LTL sector and how LTL fits into a broader, mode-agnostic distribution model.

Webinar 89

Webinar Resource Reduction Freight Case Study 89

The Logistics of Logistics

MAY 6, 2024

Raftery shares his journey and insights on how companies can achieve a triple bottom line by utilizing forecasting, technology, and optimizing routes and loads. He explains how reducing emissions and making operations more sustainable can lead to cost savings and improved profitability.

Waste Reduction 328

Waste Reduction Logistics Network Optimization Software Resource Reduction Cost Reduction 328

Blue Grace Logistics

JULY 11, 2024

In this blog, we’ll explore practical strategies tailored specifically for food and bev shippers, focusing on forecasting methods and inventory management practices that can effectively address retail demand shifts. Food and beverage shippers can achieve this by analyzing historical data and market insights.

Inventory Reduction 88

Inventory Reduction Cost Reduction Optimization Modeling Supply Chain Planning Software 88

EazyStock

AUGUST 28, 2023

In the rapidly evolving business landscape, staying ahead of the competition requires more than just good instincts – it demands data-driven decision making. When it comes to inventory management, relying on gut feelings and historical data may lead to inefficiencies, missed opportunities and incorrect inventory levels.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

AIMMS

JANUARY 28, 2019

Can you tell me about HEINEKEN’s AIMMS-based Brewing Capacity Model? I understand your team took ownership of this model. Yeah, so there was an existing Brewing Capacity Model which lived in an Excel file. There was no global master data in place either. I’m curious to learn more about your vision for the model.

Modeling Software 117

Modeling Software Optimization Modeling Optimal Sourcing Modeling 117

Blue Grace Logistics

MARCH 26, 2024

What you will learn in this blog: Leveraging Data Analytics For Invaluable Insights Implementing Lean Principles for Waste Reduction Effective Management Of Supply Chain Costs As companies navigate market fluctuations and challenges, effectively managing supply chain expenses becomes pivotal for success.

Negotiating Skills 94

Negotiating Skills Cost Reduction Waste Reduction Inventory Reduction 94

EazyStock

OCTOBER 20, 2020

Inventory Control Techniques that use Stock Optimization Best Practices. There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. What is stock optimization? 6 Inventory Control Techniques to Optimize Stock Levels. Understand your demand.

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

SYSPRO Smarter ERP

SEPTEMBER 27, 2021

Data is a crucial component of digital transformation in the manufacturing sector. However, data in itself is not a value driver. Many manufacturers aren’t maximizing the value from enriching data and missing out on opportunities to grow, optimize or manage risk. Create new revenue models.

Manufacturing Procurement 105

Manufacturing Procurement Data Modeling Software Optimization Software 105

Locus

JULY 24, 2023

Retailers should find ways to optimize truckloads to reap benefits. However, trucking industries have many business models they operate by. How do we optimize these loads? Shippers need to leverage automated and intelligent solutions to truly optimize the supply chain and impact the bottom line in a positive way.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Optimization Modeling Resource Reduction 52

Logistics Viewpoints

AUGUST 26, 2024

A blog from Atlassian explains that “until about 2013, companies usually built enterprise software by constructing applications as single units with large codebases, a monolithic architecture. Blue Yonder, for example, has created a microservice for transportation optimization. Much of that investment is at the platform level.

Supply Chain Planning Software 153

Supply Chain Planning Software Optimization Software Events Modeling Software 153

SYSPRO Smarter ERP

DECEMBER 18, 2023

MOM is a highly efficient tool in the manufacturing arsenal for fine-tuning shop floor production processes, and when used correctly, can dramatically improve operations management and provide highly granular data to the ERP system, which can be used to inform data-led management decisions.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Optimization Software Optimization Modeling 52

AIMMS

JANUARY 24, 2019

Today, the steel manufacturing leader has an ambitious digital transformation agenda and is leveraging AIMMS technology to optimize operations in its home country. I belong to this second division and work mostly on mathematical modeling, simulation and supply chain analytics. . I work for the analytics department within Tata Steel.

Optimal Sourcing 116

Optimal Sourcing Supply Chain Software Optimization Software Supply Chain Planning Software 116

FreightWaves SONAR

MARCH 9, 2021

Data for data’s sake lacks value, especially in the view of the supply chain. And across the market, submitted data becomes rapidly outdated. And in some industries, outdated data can have disastrous consequences. For instance, take the value added by more accurate data in the health industry.

Data 98

Data Reliability Supply Chain Planning Software Trucking 98

FreightWaves SONAR

FEBRUARY 4, 2021

Optimizing truckload freight spend is essential in today’s freight market. As the world of transportation continues to evolve, shippers and logistics service providers (LSPs) are effectively utilizing certain methods along with modern data platforms to meet the demands of today’s supply chains. Request a SONAR Demo.

Optimization Software 98

Optimization Software Negotiate Pricing Negotiating Skills Optimization Modeling 98

Freightos

JUNE 17, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. 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.

Modeling Software 102

Modeling Software Optimization Software Logistics Network Optimization Software Cost Reduction 102

FreightWaves SONAR

NOVEMBER 5, 2020

Successful performance measurement and management contribute to enhancements and help to optimize supply chain resources. As a result, companies should create carrier scorecard standards that apply advanced analytics, namely predictive modeling, to consider market volatility and overcome it. Creating a carrier scorecard is simple.

Modeling Software 105

Modeling Software Optimization Modeling Modeling Freight 105

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. All of them rely on data, whether you’re using historical data or new findings gathered from consumer research.

eCommerce 105

eCommerce Operations Inventory Reduction Modeling 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>- Use external data for forward-looking decisions.

Supply Chain Design Software 156

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Optimal Sourcing 156

Blue Grace Logistics

NOVEMBER 21, 2023

How to Navigate Your Supply Chain During Market Swings Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - November 21, 2023 Market conditions play a crucial role in shaping challenges professionals face when managing their organization’s supply chains.

Supply Chain Software 101

Supply Chain Software Supply Chains Optimization Software Modeling Software 101

Log-hub

JULY 25, 2023

Explore our groundbreaking approach that leverages Data Analytics and AI to revolutionize demand forecasting. The conventional approach of using standard forecasting models often falls short, as it fails to consider various critical factors that influence demand. Our solution involves: 1.

Data 40

Data Supply Chain Planning Software Supply Chain Software Modeling Software 40

FreightWaves SONAR

SEPTEMBER 29, 2023

The COVID-19 crisis unveiled major issues within global supply chains and, as we have seen with SONAR freight data, volatility in the market. For those that make the right applications of freight data, the massive problems created by the pandemic could have been more easily mitigated.

Data 52

Data Inventory Reduction Supply Chain Planning Software Vendor Strategies 52

3PL Links

NOVEMBER 12, 2024

Optimize Inventory Management Inventory often represents one of the largest expenses in a supply chain. Solution: Use data-driven forecasting to predict demand as accurately as possible. Example: Retail giant Zara uses real-time data from its stores to adjust inventory dynamically.

Cost Reduction 62

Cost Reduction Material Savings Supply Chain Software Supply Chain Planning Software 62

SYSPRO Smarter ERP

OCTOBER 6, 2021

Shift to a service-oriented business model. Manufacturers thriving on data. As I explained in a previous blog , this is a business model where manufacturers have ongoing responsibility for the equipment after it is sold. Leveraging the data ocean. It is not enough, though, just to collect data.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Modeling Software 111

Shipchain

MARCH 10, 2020

But dedicated managers have found a solution to help improve this part of delivery: data. Data is generated in all parts of last-mile delivery, and analysis of this information can help companies become proactive rather than reactive with their delivery methods. Benefits of Data for Last-Mile Delivery.

Data 62

Data Optimization Software Modeling Software Logistics Network Optimization Software 62

GlobalTranz

JULY 14, 2021

Transportation management optimization can help, provided shippers know a few things about its value and where to start. Transportation Management Optimization #1: Shipment Pooling. Transit time should not be impacted in this model. Transportation Management Optimization #2: Shipment Aggregation. Continuous Moves.

Optimization Modeling 62

Optimization Modeling Optimization Software Optimization Material Savings 62

AIMMS

FEBRUARY 1, 2021

Given that we are a data-driven (math-loving) company, we wanted to test this range by running some scenarios to see what kind of results companies can expect across a variety of verticals. To do this, we built two representative models of a business. Optimization ‘right sizes’ your network for each scenario.

Supply Chain Design Software 116

Supply Chain Design Software Supply Chain Software Supply Chain Design Optimization Software 116

Locus

AUGUST 5, 2024

This is the first in a series of blogs that will showcase how Locus has been able to leverage AI and ML’s unique capabilities to deliver real-world growth. We will cover our areas of focus, and in subsequent blogs, go deeper into how we use AI in various parts of the fulfillment chain to bring about real business value.

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Supply Chain Software Supply Chains Optimal Sourcing 52

AIMMS

OCTOBER 24, 2018

Can you tell me about HEINEKEN’s AIMMS-based Brewing Capacity Model? I understand your team took ownership of this model. Yeah, so there was an existing Brewing Capacity Model which lived in an Excel file. There was no global master data in place either. I’m curious to learn more about your vision for the model.

Modeling Software 48

Modeling Software Optimization Modeling Optimal Sourcing Modeling 48

SYSPRO Smarter ERP

JANUARY 5, 2022

decision-making by using data and creating more accurate predictions. Optimize process efficiency by enabling staff to accomplish more tasks or do something they typically could not. Data is the key ingredient for AI. The amount of data required depends on the goals of AI. Do not underestimate the data challenges.

Manufacturing Procurement 124

Manufacturing Procurement Supply Chain Planning Software Modeling Software Optimization Software 124

FreightWaves SONAR

MARCH 9, 2021

Additionally, the shipping model usually focuses on the transfers of goods that come in on ships to other storage areas or to other shipping locations for the next leg of the trip. H aving access to real-time freight data and being able to make good use of it is essential for global trade and maritime shipping.

Supply Chain Planning Software 98

Supply Chain Planning Software Scenario Planning Data Optimal Sourcing 98

FreightWaves SONAR

JANUARY 13, 2023

Leaders across the logistics industry have been making data-informed decisions for decades. Not all data is created equal, however, and many of the tools and processes that provided “cutting-edge” advantages several years ago have fallen behind the curve. . There is an innate lag in legacy data. port activity. .

Negotiating Skills 52

Negotiating Skills Data Freight Price Reduction 52

Freightos

SEPTEMBER 17, 2024

Blog More Resources Home It’s Not About Chatbots: Getting Real on AI Usage In Real Life Logistics (AI Popup #5) AI Popup #5 September 17, 2024 Dive deeper into freight data that matters Learn More It’s so hard to talk about AI without sounding pretentious or annoying. The model would be trained on our own customer data.

Supply Chain Software 114

Supply Chain Software Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software 114

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

AIMMS

OCTOBER 1, 2019

AIMMS has been in the market of prescriptive analytics (otherwise known as mathematical optimization) since 1989. Prescriptive analytics is a type of advanced analytics that optimizes decision-making by providing a recommended action. C loud-based platforms like ours have made the deployment of optimization models easier.

Optimal Sourcing 104

Optimal Sourcing Supply Chain Planning Software Optimization Software Modeling Software 104