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Scenario Modeling Is Now Crucial for Supply Chain Network Design

AIMMS

How are companies leveraging scenario modeling for network design and optimization ? The company modeled scenarios and performed simulations in AIMMS Network Design Navigator with all their products grouped together. Another use case we see for scenario modeling in the current context is evaluating new sourcing locations.

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The Marketplace Model: A Proven Model for Success & Why the Shipping Industry Should Adopt It

GlobalTranz

Editor's Note: Today's blog is a guest blog from our friend Max Lock , President and Founder of Fleet Logistics. In this blog, Max discusses everything you need to know about the marketplace model and why shippers should adopt it. History and anthropology provide many examples of marketplaces throughout time.

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Which eCommerce Business Model Is Right for You?

Ship Monk

They say labels are for soup cans, but, when it comes to running an eCommerce company, it’s important to know where your business model falls under. Dollar Shave Club, Warby Parker, and Glossier are all standout examples of D2C and the kind of success it can bring. eCommerce Business Models. Let’s get started!

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The Most Popular 16 Transportation Blog Posts from 2014

GlobalTranz

We trudge on with our top posts from our main blog categories by page view for all of 2014 from the Cerasis blog by featuring another area Cerasis is an expert in: Transportation. Top 16 Most Popular Transportation Blog Posts of 2014. Read the Full Blog Post. Read the Full Blog Post.

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Developing Agile Procurement Strategies: Thriving Amid Global Trade Disruptions

Logistics Viewpoints

Lets break it down with some examples that hit home: Supplier Diversification : Reflecting on the disruptions caused by the pandemic, companies heavily reliant on Chinese suppliers faced significant challenges. An automotive company I collaborated with conducted detailed modeling of potential tariff impacts on semiconductor supply chains.

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The Benefits of Evolved Vendor Managed Inventory Model Led by Web-Based VMI

GlobalTranz

In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Distributors will inbound to a manufacturer the inventory needed and transportation management, especially inbound freight management, efficiency is paramount to an effective vendor managed inventory model. It was a “win-win” partnership.

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AI and Machine Learning in Manufacturing ERP: Key Benefits

SYSPRO Smarter ERP

Given the recent developments in computing and the ability of AI models to learn and adapt, AI and ML will increasingly be used to improve efficiency, productivity, and creativity across manufacturing. As the ML process trains on data, it is then possible to produce more precise models based on that data. What is AI and ML?

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