Logistics Viewpoints

NOVEMBER 4, 2024

Machine Learning occurs when a machine takes the output, observes its accuracy, and updates its model so that better outputs will occur. More recently, demand planning applications based on machine learning have improved forecasting by incorporating competitor pricing data, store traffic, and weather data.

Supply Chain Planning Software 169

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 169

Logistics Viewpoints

APRIL 22, 2024

It analyzes new and historical order data, customer preferences, and transactions. GP describes Causal AI as a mixture of Knowledge AI and Data AI. Data AI empowers the system to analyze vast amounts of data, identify patterns, and generate probabilistic outcomes in near real-time. It’s a different way of working.”

Optimal Sourcing 154

Optimal Sourcing Supply Chain Planning Software Modeling Software Optimization Software 154

Logistics Viewpoints

MARCH 20, 2023

The supply chain planning market got started when supply chain models were put into in-memory databases in the early 1990s. Data is stored just like you might sketch ideas on a whiteboard. Those insights are driven from data connections across the vast amounts of data these companies have access to. This is much faster.

Supply Chain Planning Software 142

Supply Chain Planning Software Modeling Software Procurement Solutions Supply Chain Software 142

Logistics Viewpoints

FEBRUARY 28, 2022

In the course of updating our annual research on the supply chain planning market , I talked to executives across the industry. Planning applications don’t work well if the master data they rely on is not accurate; this is known as the “garbage in, garbage out” problem. But sometimes fixing the bad data problem is complicated.

Supply Chain Planning Software 180

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 180

FreightWaves SONAR

FEBRUARY 4, 2021

Fortunately, smart data utilization can help reduce deadheading occurrences and make the entire supply chain more profitable. More money going out than is coming in is never a profitable business model. Of course, carriers want their transportation networks to be as profitable as possible. Think about it.

Waste Reduction 98

Waste Reduction Data Expense Reduction Cost Reduction 98

The Logistics of Logistics

MAY 9, 2022

Of course, some of the industry leaders like Loadsmart are delivering these innovations today. Mode optimization has traditionally been promised, but not delivered because the analysis was completed by people who didn’t have the data or tools. Instead, new pricing models and incentives have evolved that align the shipper and broker.

Optimization Software 195

Optimization Software Freight Modeling Software Price Reduction 195

The Logistics of Logistics

JULY 2, 2021

Of course, some of the industry leaders like Loadsmart are delivering these innovations today. Mode optimization has traditionally been promised, but not delivered because the analysis was completed by people who didn’t have the data or tools. Instead, new pricing models and incentives have evolved that align the shipper and broker.

Freight 195

Freight Optimization Software Price Reduction Modeling Software 195

FreightWaves SONAR

NOVEMBER 16, 2020

“What’s the best way to use data to beat your competition as a freight brokerage business?” Nevertheless, it all adds up to a greater demand for integrated systems and real-time data. Furthermore, real-time data and SaaS-based resources have additional value in the form of enabling management by exception.

Modeling Software 106

Modeling Software Logistics Network Optimization Software Supply Chain Software Data 106

FreightWaves SONAR

JANUARY 29, 2021

(Graphics created by Emily Ricks) Understanding the nuances between freight carriers ’ business models can be confusing at best. Of course, it’s important to recognize that these categories are not identical to the four trucking carrier types. Of course, it can also include any freight brokerage that operates a strong, large fleet.

Modeling Software 85

Modeling Software Modeling Freight Logistics Network Optimization Software 85

GlobalTranz

JANUARY 21, 2015

Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. Vendor Managed Inventory Model for Supply Chain Cost Reductions. Light lunch: cold cuts, bread coffee, and soda: simple: this expenditure is up to you, of course.

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

Logistics Viewpoints

APRIL 27, 2023

For example, monthly subscription fees, any software support charges, and data migration fees. Licensing and Pricing Most WMS systems are either under perpetual licensing or operate on a subscription model that typically has a monthly fee. industrial handhelds, and mobile units you have and what your operations will need.

Supply Chain Planning Software 137

Supply Chain Planning Software Modeling Software Logistics Network Optimization Software Supply Chain Software 137

GlobalTranz

NOVEMBER 11, 2016

Data reflect all the small, seemingly insignificant details of the modern world. From a review of your personal bank account spending habits to larger, more advanced processing capabilities, data evolve and expand with each passing day. When Did Big Data in Supply Chain Become a Game-Changer? .

Supply Chain Software 92

Supply Chain Software Supply Chains Data Sourcing Strategies 92

Logistics Bureau

NOVEMBER 12, 2024

Essential Steps to Using Warehouse Modeling Software for Design 1) Understand the Design Objectives and Constraints The first step in your review should be to determine and prioritise the objectives for your warehouse facility and operation.

Modeling Software 68

Modeling Software Supply Chain Design Software Supply Chain Planning Software Optimization Software 68

GlobalTranz

MAY 27, 2015

The United States Manufacturing Technology Orders (USMTO) data report is compiled monthly by the Association for Manufacturing Technology (AMT). What is the USMTO Data Report? The full data set is reported by eligible equipment builders and distributors and is provided to all participants in the program at no cost.

Manufacturing Procurement 94

Manufacturing Procurement Procurement Analytics Data Modeling Software 94

Logistics Viewpoints

MARCH 4, 2021

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. Planners spend their precious time collecting and synthesizing the data to drive insights.

Supply Chain Planning Software 165

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 165

Logistics Viewpoints

JANUARY 3, 2023

Compared to the traditional CPG model, CPG+D2C may provide several benefits: Brand recognition and loyalty: At this age of ratings, “stars,” and comments, the perception of a CPG brand impacts company value directly. Direct access to customer data through D2C enables product improvement, innovation, and transition opportunities.

Optimization Modeling 136

Optimization Modeling Scenario Planning Inventory Reduction Price Reduction 136

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

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 a spreadsheet file. But it had its limitations, of course. There was no global master data in place either.

Modeling Software 62

Modeling Software Optimization Modeling Modeling Optimal Sourcing 62

Logistics Viewpoints

MARCH 1, 2021

But in 2016, Philip Morris International decided to change the course of its history by leading a transformation in the tobacco industry to create a smoke-free future based on products, which while not risk-free—are a better choice for adult smokers than continuing to smoke. “We The tool was able to create a model going out multiple years.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 120

Logistics Business Magazine

FEBRUARY 1, 2022

In comparison to its predecessor model, the VOXTER Vantage enables 300% faster voice recognition, is equipped with the optimised enterprise operating system Android Industrial+ and offers considerably improved WiFi performance. Its computing power, for instance, is six times greater than that of its predecessor model.

Modeling Software 58

Modeling Software Modeling Logistics Network Optimization Software Picking 58

Logistics Viewpoints

JUNE 5, 2023

ChatGPT is an AI text generating bot that was built on a family of large language models (LLMs). These models can understand and generate answers to text prompts because they’ve been trained on huge amounts of data. When the theme was specific, the engine did not have the correct data to generate a useful article.

Supply Chain Software 140

Supply Chain Software Supply Chains Modeling Software Logistics Network Optimization Software 140

Logistics Viewpoints

APRIL 19, 2023

These decisions are made in a synchronized manner, using real-time or near real-time data, AI/ML and optimization technology, while having the humans setting the goals and managing the parameters. In the digital step, companies integrate all data sources to consolidate data on a cloud platform.

Supply Chain Planning Software 149

Supply Chain Planning Software Optimal Sourcing Scenario Planning Manufacturing Procurement 149

Shipchain

APRIL 17, 2019

The most high-tech things it could do were make phone calls and send text messages, all hand-crafted in T9 of course. Fast forward fifteen years and now my cellphone also doubles as my HD camera, portable music device, library, fitness tracker, and of course, my means to call and text. How to Prepare Moving Forward.

Supply Chain Software 134

Supply Chain Software Trends Logistics Network Optimization Software Modeling Software 134

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

Logistics Viewpoints

JUNE 10, 2021

As an entrepreneur I’ve been reflecting on this a lot: The current milestone in logistics and fulfillment is using emerging technologies to capture and leverage exponentially growing data sets in warehouses and throughout the entire fulfillment network. Data sets have grown quickly in the cloud paradigm – and they exploded in 2020.

Supply Chain Planning Software 109

Supply Chain Planning Software Modeling Software Optimization Software Logistics Network Optimization Software 109

Material Handling and Logistics

OCTOBER 30, 2018

In a recent Forrester study, they found the problem to be poor quality data. Digitization is your friend, but quality data is your foundation. Markets are rapidly evolving with a continuous stream of new regulations, new technologies are disrupting traditional business models, and new risks such as cybersecurity are arising.

Optimal Sourcing 166

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 166

Logistics Viewpoints

JANUARY 25, 2024

Some try delving into deep learning or a crash course in generative AI (GenAI), but I don’t recommend starting there. Instead start with the foundation of your AI strategy, which should be an understanding of your company’s supply chain and your data. Getting started with AI in supply chain might not start where you think.

Supply Chain Planning Software 158

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 158

Logistics Viewpoints

AUGUST 22, 2023

And in the intervening years — as we’ve leveraged real-time data, ML and AI to help countless companies answer the “where’s my truck” question — I’ve continued to underscore that visibility is a foundational technology. That’s when you can course correct in any number of ways that make your business more efficient and your customers happier.

Supply Chain Planning Software 122

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 122

AIMMS

OCTOBER 1, 2019

Prescriptive Analytics platforms , as defined by Gartner , “primarily focus on creating optimization solutions,” providing “data prep, prescriptive model building, model management and model deployment in various business processes.” More investment in data science . Spreadsheets are prone to error.

Optimal Sourcing 104

Optimal Sourcing Supply Chain Planning Software Optimization Software Modeling Software 104

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. For Dell Technologies, the low-inventory strategy reduced the time it took to bring new PC models to market. Challenges of ATO.

Ordering 111

Ordering Inventory Reduction Material Savings Modeling Software 111

Logistics Viewpoints

JUNE 6, 2022

Transportation is, of course, a major source of green house emissions. Much additional detail needs to go into the model for more precise estimates.”. Transportation Modeling Can be Used to Reduce Emissions. Oracle also offers a logistics modeling tool to look at how different policies would affect sustainability.

Cost Reduction 152

Cost Reduction Price Reduction Supply Chain Planning Software Scenario Planning 152

Freightos

JULY 26, 2018

While freight industry executives likely sighed with relief when an update of Amazon’s logistics.amazon.com page on June 28th turned out to be nothing more than a franchise model for courier delivery services. Amazon is at the nexus of ecommerce, data, and logistics, with a drive to constantly improve their logistics network.

Logistics Network Optimization Software 73

Logistics Network Optimization Software Data Supply Chain Planning Software Manufacturing Procurement 73

Logistics Viewpoints

MARCH 21, 2021

We need problem solvers, people that can work with data from a data analytics perspective. The skills enhancement program, dubbed Strategic Capabilities Planning, will include a mix of internally supply chain programs, systems education and external APICS courses – APICS is now part of the Association for Supply Chain Management.

Supply Chain Planning Software 163

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 163

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. But it had its limitations, of course. There was no global master data in place either.

Modeling Software 48

Modeling Software Optimization Modeling Optimal Sourcing Modeling 48

AIMMS

NOVEMBER 8, 2016

The big theme of course, is the digitization of the supply chain and the implications it will have on business performance. In other words, for digital transformation to succeed, organizations need to be able to “take action” based on their data. Data availability and technology wasn’t what it is today. Cost-to Serve.

Supply Chain Software 99

Supply Chain Software Supply Chain Planning Software Modeling Software Supply Chains 99

SYSPRO Smarter ERP

JANUARY 19, 2022

The fundamental problem is that many organizations caught up in this situation are using business models which were already out of date before the pandemic. The supply chain of the future will not use the business models which are currently in place. Use data to improve operations. Using technology to ease your way forward.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 105

IoT World Today

AUGUST 26, 2019

Of course, the Internet of Things and the broader field of artificial intelligence have a host of potential supply chain applications. . IoT and technologies such as predictive modeling apply to the entire supply chain for food and perishable goods, ranging from farmers, warehousing firms, processing and distribution companies and retailers.

Waste Reduction 107

Waste Reduction Waste Logistics Network Optimization Software Modeling Software 107