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 Inventory Optimization Modeling 98

SYSPRO Smarter ERP

NOVEMBER 21, 2022

Keeping the right level of inventory requires a technique called inventory optimization. Inventory optimization. The search for optimal inventory levels is therefore a key objective. The key technical requirements when aiming for optimized inventory levels are data accuracy and timeliness. The rise of Industry 4.0

Optimal Sourcing 111

Optimal Sourcing Inventory Reduction Inventory ERP 111

AIMMS

SEPTEMBER 28, 2020

In the report, you will find capabilities across five categories: technologies, competencies, frameworks, operating model strategies, and organizational models. These capabilities include Machine Learning and Prescriptive Analytics , and organizational models like Agile Teams. What to prioritize. Network Design.

Supply Chain Design Software 166

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 166

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. Request a SONAR demo online to get started.

Modeling Software 105

Modeling Software Optimization Modeling Modeling Freight 105

Locus

JULY 25, 2023

“E-commerce is becoming a reality,” the management consulting company stated, “reinventing consumers’ path to purchase, forming new customer experiences , disrupting business models, and creating growth opportunities for large and small retailers as well as for a new generation of pure E-commerce players.”

Optimization Software 98

Optimization Software Optimization Modeling Supply Chain Planning Software Optimization 98

FreightWaves SONAR

FEBRUARY 4, 2021

Optimizing truckload freight spend is essential in today’s freight market. Simultaneously, brokers may apply the index due to their unique blend of both shipper and carrier characteristics, depending on business model and demands. That’s a crucial advantage in optimizing spend for all involved parties. Request a SONAR Demo.

Optimization Software 98

Optimization Software Negotiate Pricing Negotiating Skills Optimization Modeling 98

AIMMS

FEBRUARY 1, 2021

To do this, we built two representative models of a business. When the models are built, running scenarios with these large businesses can be a lot of fun. We relaxed constraints to allow the model to add (and fund) more distribution centers and also close distribution centers, where they didn’t support an optimized solution.

Supply Chain Design Software 116

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

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

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 158

Supply Chain Planning Software Optimization Software Events Modeling Software 158

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. How does AI work?

Supply Chain Planning Software 105

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

AIMMS

NOVEMBER 9, 2020

Our second webinar delved deeper into the technology aspect, focusing on analytical capabilities and scenario modeling. Specifically, we looked at three use cases for scenario modeling using our cloud-based IBP app. Let’s explore them briefly in this blog post. Use case 1: Initial emergency response.

Scenario Planning 62

Scenario Planning Optimization Modeling Modeling Software Modeling 62

AIMMS

FEBRUARY 16, 2021

It provides an early warning system that helps business stakeholders sense and optimize their responses. The ability to create scenarios: model one-off events to assess your performance in times of crisis or model alternative ways to resolve problems as they arise. Interested in receiving our forthcoming report on S&OE?

Scenario Planning 124

Scenario Planning Supply Chain Planning Software Operations Optimization Modeling 124

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

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 97

Negotiating Skills Cost Reduction Waste Reduction Inventory Reduction 97

SYSPRO Smarter ERP

OCTOBER 6, 2021

Shift to a service-oriented business model. As I explained in a previous blog , this is a business model where manufacturers have ongoing responsibility for the equipment after it is sold. However, the value of data comes from the insights it creates, the processes it can help optimize, and how it can improve decision making.

Manufacturing Procurement 111

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

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. Utilizing advanced analytics and forecasting models can help identify patterns, seasonality, and emerging trends.

Inventory Reduction 90

Inventory Reduction Cost Reduction Optimization Modeling Supply Chain Planning Software 90

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 161

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Optimal Sourcing 161

AIMMS

JUNE 5, 2019

Using Gartner’s supply chain CORE model (Configure, Optimize, Respond & Execute) you may find that when hitting the Execute time horizon, there’s simply no time for a human to make a great decision. What about Configure, Optimize & Respond? Optimization is already available to large and medium size companies.

Supply Chain Planning Software 120

Supply Chain Planning Software Optimization Software Supply Chain Software Scenario Planning 120

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 91

Webinar Resource Reduction Freight Case Study 91

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 159

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 159

AIMMS

SEPTEMBER 25, 2019

North Star Alliance , for instance, uses optimization to find optimal locations for its mobile HIV-AIDS clinics in Africa. Most recently, we encountered Angel Flight West , a non-profit organization that is using AIMMS to optimize flight routes for families in need. Yeah, I follow the blog of a mathematician named John Cook.

Optimization Software 15

Optimization Software Optimization Modeling AIMMS Optimization 15

AIMMS

MAY 6, 2019

Rather than sub-optimizing business performance by focusing on the achievement of individual functional targets, the aim of the S&OP process is to optimize by ensuring that the decisions taken are informed by what is best for the total business. . T his approach also misses the opportunity and pow er of scenario modeling. .

Supply Chain Planning Software 111

Supply Chain Planning Software Scenario Planning Supply Chain Software Modeling Software 111

AIMMS

NOVEMBER 12, 2019

In this blog post, I’ll explore why and offer a helpful alternative. . Other questions I see include: “How many statistical models does your tool support?” “Are Are there limits to the number of models?” “Can Can a user customize the statistical model?” Do you need a lot of models to develop a statistical forecast?

Supply Chain Planning Software 101

Supply Chain Planning Software Procurement Solutions Modeling Software Supply Chain Software 101

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 104

Supply Chain Software Supply Chains Optimization Software Modeling Software 104

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

Locus

AUGUST 2, 2022

Similarly, today’s emerging last-mile delivery fulfillment models seemed like a gamble for businesses when it started a decade back but are essential for a profitable business plan today. The answer depends on the last-mile delivery fulfillment model you adapt. Optimal final-mile delivery fulfillment is crucial for business.

Modeling Software 52

Modeling Software Optimization Modeling Modeling Trends 52

SYSPRO Smarter ERP

JANUARY 5, 2022

Optimize process efficiency by enabling staff to accomplish more tasks or do something they typically could not. As your company moves from simple to more sophisticated and complex AI models, the right computational investment becomes critical. The post How AI is transforming manufacturing Part 1 appeared first on SYSPRO Blog.

Manufacturing Procurement 124

Manufacturing Procurement Supply Chain Planning Software Modeling Software Optimization Software 124

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 116

Modeling Software Optimization Software Logistics Network Optimization Software Cost Reduction 116

SYSPRO Smarter ERP

APRIL 25, 2022

The company, Dell Technologies, still follows an assemble-to-order model for personal computers and laptops, allowing customers to choose from a range of options for each part of the PC. Manufacturers using ATO also have to ensure two other factors are optimized. Manufacturing lead time (MLT) — the time required to manufacture an item.

Ordering 111

Ordering Inventory Reduction Material Savings Modeling Software 111

Ship Monk

FEBRUARY 9, 2024

A powerful order and inventory management system can track inventory levels in real time, help identify short and long-term trends, automate critical re-order points, optimize order size and cadence , generate customized reports and so, so much more.

eCommerce 105

eCommerce Operations Inventory Reduction Modeling Software 105

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. AI can play an important role in inventory optimization. Tools like dashboards and reports are commonly used.

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. AI can play an important role in inventory optimization. Tools like dashboards and reports are commonly used.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Material Savings Supply Chain Planning Software 52

AIMMS

MAY 22, 2018

You should be able to model unforeseen disruptions, understand their impact, and use prescriptive analytics to put a plan in place that mitigates the negative impact on your bottom line. Do I know how to quickly find extra capacity, and how to re-allocate demand in a cost optimal manner? Many disruptions are not foreseeable.

Supply Chain Design Software 86

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 86

AIMMS

OCTOBER 22, 2019

We are using Network Design Navigator for two purposes with different data sets: The first one is to optimize proximity in our network allocation for engineers. This is mainly taking large populations of engineers, the post codes of their work area and drive times, and using AIMMS to optimize how we map engineers to different locations.

Supply Chain Design Software 96

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Software 96

SYSPRO Smarter ERP

APRIL 17, 2023

In this blog post, we will explore how manufacturers can leverage this technology to achieve data-driven success. This can lead to improved quality, reduced waste, and optimized production processes. However, to realize these benefits, businesses must be strategic in their implementation and use of BI solutions.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Optimization Software 98

Blue Grace Logistics

MAY 6, 2022

Data and optimization can improve efficiencies in supply chains, save shippers money and reduce greenhouse gas emissions, according to logistics experts who shared insights last Friday in honor of National Supply Chain Day. “In Opportunities for optimization. What is preventing widespread optimization? Freightwaves.

Supply Chain Design Software 62

Supply Chain Design Software Optimization Software Supply Chain Software Waste Reduction 62

SYSPRO Smarter ERP

APRIL 24, 2023

The Association for Supply Chain Management’s Supply Chain Operations Reference (SCOR) model provides seven primary processes that will ensure order fulfilment is carried out properly and efficiently — Orchestrate, Plan, Order, Source, Transform, Fulfill and Return.

ERP 105

ERP Optimal Sourcing Supply Chain Planning Software Ordering 105