The Logistics of Logistics

FEBRUARY 24, 2023

He created and leads the MITx MicroMaster’s Program in Supply Chain Management, the first online credential offered at MIT, for which he was awarded the MITx Prize for Teaching and Learning, the Irwin Sizer Award for the Most Significant Improvement to MIT Education, and the MIT Teaching with Digital Technology Award.

Supply Chain Planning Software 370

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Transportation 370

Log-hub

JANUARY 8, 2025

These tools can transform your supply chain, helping you predict inventory needs, automate repetitive tasks, and optimize delivery routes. Companies that have successfully implemented AI have seen improvements in logistics costs by 15%, inventory levels by 35%, and service levels by 65% compared to competitors. Why it matters?

Optimal Sourcing 40

Optimal Sourcing Waste Reduction Inventory Reduction Resource Reduction 40

FreightWaves SONAR

APRIL 13, 2021

With the proper use of data and freight analytics , contract procurement and securing capacity can be enhanced. The incredible insights that accurate data has to offer combats volatility and unearths a clear understanding of what’s actually happening in the market. Those are the founding principles behind SONAR SCI Lane Acuity.

Negotiating Skills 97

Negotiating Skills Optimal Sourcing Sourcing Strategies Data 97

The Logistics of Logistics

NOVEMBER 10, 2023

Tim Higham and Joe Lynch discuss the free TMS, which is of course AscendTMS. Overall, AscendTMS is a reliable and affordable TMS that can help businesses of all sizes improve their profitability and efficiency. This means that it is free to use and modify, and the source code is available for anyone to inspect. AscendTMS).

Logistics Network Optimization Software 434

Logistics Network Optimization Software Sourcing Strategies Optimal Sourcing Cost Reduction 434

GlobalTranz

SEPTEMBER 23, 2015

Thanks to data gathering programs, supply chain software , and data entry applications, this represents a mountain of data, which has the potential to provide ground-breaking insight into how to improve business-model efficiency. What Is Supply Chain Big Data? How Does Big Data Improve a Supply Chain?

Supply Chain Design Software 108

Supply Chain Design Software Supply Chain Software Supply Chain Design Procurement Analytics 108

Logistics Viewpoints

FEBRUARY 28, 2022

Machine Learning, a Form of Artifical Intelligence, Has Feedback Loops that Improve Forecasting. In the course of updating our annual research on the supply chain planning market , I talked to executives across the industry. Artificial intelligence is beginning to be used to update the data.

Supply Chain Planning Software 141

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 141

Bringg

MARCH 24, 2021

Supply chain optimization ensures a smoother process and a more successful business model focusing on efficiency and profit. First, let’s define what supply chain optimization means, the different factors involved, and how the right supply chain optimization techniques and solutions can help you support your key business initiatives. . .

Optimal Sourcing 62

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Logistics Bureau

JANUARY 2, 2025

Next, I would have to fine-tune the planning by shuffling orders between the loads until I had ‘optimised’ the routes for that areaon a purely subjective basismeaning that I had to be the sole judge of what was optimal. Automated route planning software is improving in effectiveness and costs are coming down.

Logistics Network Optimization Software 75

Logistics Network Optimization Software Optimization Software Optimal Sourcing Logistics 75

Logistics Viewpoints

APRIL 6, 2023

Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services.

Optimal Sourcing 98

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Procurement Analytics 98

GlobalTranz

NOVEMBER 17, 2016

Supply chain leaders are enthralled with the idea of using big data, but they tend to fail to understand how to disseminate big data in their organization properly. True, they may know how to roll out big data in a single warehouse, or they may have heard their competitors used branded systems for implementing this new technology.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Software Procurement Solutions Supply Chain Design 115

AIMMS

OCTOBER 1, 2019

With rising supply chain complexity, organizations are racing to improve the pace and quality of decision-making. AIMMS has been in the market of prescriptive analytics (otherwise known as mathematical optimization) since 1989. Source: Gartner, Forecast Snapshot: Prescriptive Analytics Software, Worldwide, 2019.

Optimal Sourcing 104

Optimal Sourcing Supply Chain Planning Software Optimization Software Modeling Software 104

IoT World Today

MAY 21, 2020

Increasing supply chain data visibility is a priority for logistics organizations looking to improve resilience. 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.

Supply Chain Planning Software 145

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

Logistics Viewpoints

APRIL 19, 2023

Autonomous Planning in Supply Chain At its core, autonomous supply chain planning entails making decisions to optimize the delivery of goods and services from supplier to customer without the need for human intervention. DC procurement is also automated by aggregating the needs of the MFCs. It is comparable to autonomous cars.

Supply Chain Planning Software 117

Supply Chain Planning Software Optimal Sourcing Scenario Planning Manufacturing Procurement 117

FreightWaves SONAR

DECEMBER 29, 2020

Load capacity limits play a crucial part in a supply chain network organization, logistics metrics management, and procurement in the shipping industry. Freight management parties need to understand why procurement falters without technology and how technology can boost sourcing across all industries.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Software 98

Logistics Viewpoints

JUNE 29, 2021

In a prior post , I wrote about the various ways data is transforming global supply chains. Data is the raw fuel of digital transformation and the linchpin to accelerating industry collaboration, automation, predictive insights and so many more cutting-edge capabilities (including those yet to be invented). So, what is quality data?

Data 109

Data Supply Chain Design Software Supply Chain Planning Software Digital 109

Logistics Viewpoints

APRIL 22, 2024

Georgia-Pacific (GP) has demonstrated an application of Causal AI to dramatically improve touchless commerce. It analyzes new and historical order data, customer preferences, and transactions. GP describes Causal AI as a mixture of Knowledge AI and Data AI. It’s a different way of working.” What is Causal AI?

Optimal Sourcing 122

Optimal Sourcing Supply Chain Planning Software Modeling Software Optimization Software 122

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. This includes internal and external data sources.

Supply Chain Planning Software 113

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 113

Logistics Business Magazine

NOVEMBER 13, 2024

“Businesses that scenario plan effectively will stay the course. AI can analyse data from various sources to predict potential disruptions, such as weather events or geopolitical tensions, allowing businesses to take proactive measures. .

Inventory Reduction 49

Inventory Reduction Waste Reduction Sourcing Strategies Cost Reduction 49

AIMMS

JANUARY 28, 2019

Most people in my division work in capability development or centers of excellence designed to help operations centers improve their performance in logistics, customer service or production. But it had its limitations, of course. There was no global master data in place either. To mention a few, version control was hard.

Modeling Software 117

Modeling Software Optimization Modeling Optimal Sourcing Modeling 117

Blue Grace Logistics

NOVEMBER 21, 2023

By implementing route optimizations, multi stop routing, drop trailer pools and visibility platforms, transportation providers have risen to the occasion to accommodate higher volumes of frozen products. This responsiveness underscores the interconnectedness of the logistics world, where every choice influences the way goods reach our tables.

Optimal Sourcing 117

Optimal Sourcing Sourcing Strategies Resource Reduction Optimization Software 117

Logistics Viewpoints

JULY 14, 2021

The complete process would include procurement, creation of a route guide, planning and optimization, electronic communication with carriers, visibility and exception management, freight audit, and performance management. Companies are looking at TMS to reduce costs while improve sustainability initiatives. Cloud Solutions.

Optimization Software 109

Optimization Software Supply Chain Planning Software Supply Chain Design Software Modeling Software 109

Turvo

MAY 21, 2020

Used properly, collaboration enables better procurement, efficient shipment management, transparency, proactiveness, improved customer experience around delivery, and a team prepared to handle reverse logistics management. Collaboration is perhaps the most widely discussed and recognizable topic in the modern supply chain.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Supply Chain Planning Software Cost Reduction 52

FreightWaves SONAR

JANUARY 21, 2021

The needs to improve fleet asset utilization and to maintain better control over trucking costs are absolute. Improving the t ransportation networks and enhancing fleet asset utilization can be challenging. And of course, it hinges on the ability to understand and maintain consistency in your metrics. .

Data 98

Data Sourcing Strategies Tips Optimal Sourcing 98

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. It was predictable.

Supply Chain Design Software 107

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 107

IoT World Today

OCTOBER 11, 2019

Until now, the bulk of big data has come from social, machine and transactional data sources. The broader rollout of 5G will increase the capacity of the network and further enable the proliferation of video data. Video data will be one of the most critical enablers of this new future of AI-driven autonomous vehicles.

Video 107

Video Data Transportation Sourcing Strategies 107

SYSPRO Smarter ERP

NOVEMBER 25, 2021

Manual production lines are switching to automated assemblies and valuable data is being used to discover actionable insights into manufacturing operations. In this blog we will envision the factory of the future and how it will change and improve the factory structure and processes. What does the smart factory mean for business?

Factories 105

Factories Supply Chain Design Software Supply Chain Planning Software Optimization Software 105

EazyStock

DECEMBER 13, 2020

Uncertainty is all but guaranteed in 2021 – the best course of action is to mitigate whatever risks you can. Optimize Inventory. Having a transparent and detailed account of what inventory you are currently holding will help you optimize your inventory levels while allowing you to be responsive to market demand.

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Supply Chain Planning Software Cost Reduction 98

AIMMS

OCTOBER 1, 2019

With rising supply chain complexity, organizations are racing to improve the pace and quality of decision-making. AIMMS has been in the market of prescriptive analytics (otherwise known as mathematical optimization) since 1989. Source: Gartner, Forecast Snapshot: Prescriptive Analytics Software, Worldwide, 2019.

Optimal Sourcing 83

Optimal Sourcing Supply Chain Planning Software Optimization Software Modeling Software 83

GlobalTranz

FEBRUARY 8, 2016

Here’s how you can improve manufacturing floor data collection, long-term. A key component of any manufacturing process is data collection. However, are you starting to outgrow your manufacturing floor data collection system ? At one point, every program used to record data was being used by no fewer than 21 managers!

Manufacturing Procurement 66

Manufacturing Procurement Data Optimal Sourcing How To 66

Logistics Bureau

DECEMBER 28, 2024

All you need is your credit card (and a driving licence, of course.) Essentially, a product is represented as a digital data file that details its shape and dimensions, however complex these may be. Advanced analytics platforms are helping 3PLs make data-driven decisions and provide valuable insights to their clients.

3PL 74

3PL Trends Supply Chain Design Software Industry 74

Freightos

AUGUST 19, 2024

Together, we can offer a complete solution that covers the digital procurement of both spot and contract freight services, across air, ocean, road, and rail. We estimate that tenders account for some 50%-70% of freight procured, at the lower end for air, at the higher end for ocean. The team is also a fantastic addition.I

Optimal Sourcing 109

Optimal Sourcing Logistics Network Optimization Software Optimization Software Procurement 109

Logistics Viewpoints

APRIL 7, 2022

This kind of disruption causes major dislocation in the sources of demand and shifts the centers of gravity for demand, forcing organizations to rethink their supply chain design. For the longest time, supply chain organizations’ major objective was cost optimization. This further adds to lead times.

Supply Chain Design Software 128

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 128

SYSPRO Smarter ERP

NOVEMBER 24, 2021

Manual production lines are switching to automated assemblies and valuable data is being used to discover actionable insights into manufacturing operations. In this blog we will envision the factory of the future and how it will change and improve the factory structure and processes. What does the smart factory mean for business?

Factories 98

Factories Supply Chain Design Software Supply Chain Planning Software Optimization Software 98

Logistics Viewpoints

AUGUST 11, 2022

Indeed, who couldn’t benefit from improved transportation visibility? Even if your transportation management system ( TMS ) is ingesting carrier EDI information directly, the data you receive is often hours after that fact, leaving you to “best-guess” actual delivery times. It collects and stores data from a variety of sources.

Supply Chain Planning Software 104

Supply Chain Planning Software Logistics Network Optimization Software Optimal Sourcing Manufacturing Procurement 104

Talking Logistics

AUGUST 8, 2017

The first example is to use machine learning for improving the results of your promotions and improving sales. However, to truly have an optimal positive impact on the bottom line, aspects surrounding promotions need to be thought through carefully. Machine learning to improve S&OP adoption.

Optimal Sourcing 90

Optimal Sourcing Supply Chain Planning Software How To Scenario Planning 90

GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. In other words, the use of AI may help to improve patient outcomes and reduce delays from misdiagnoses or laboratory testing. The State of Supply Chain 2016 Trends.

Manufacturing Procurement 65

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 65

GlobalTranz

NOVEMBER 16, 2016

The amount of information and improvement possible through big data can be overwhelming. Yet the majority of companies have not defined a big data strategy, and others are barely starting to notice. . �. How to Get Started with Your Big Data Strategy. . This is where the explanation of big data begins. .

Resource Reduction 91

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