Logistics Viewpoints

MAY 19, 2022

Supply chain optimization has also improved in significant ways that can address these trade-offs better than before. Analytical techniques like linear programming can create the mathematically “optimal” plan, but these methods must be implemented well to avoid creating other challenges. Supply chain optimization for today’s realities.

Optimal Sourcing 122

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 122

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 111

Data Supply Chain Design Software Supply Chain Planning Software Digital 111

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 Bureau

OCTOBER 10, 2022

Before we look at the barriers to optimal inventory and the possible ways to eliminate or overcome them, let’s be clear on what inventory optimisation means—because misconceptions do abound. But ultimately, it comes down to what you assess as optimal inventory performance for your organisation. 1: Service Levels.

Inventory Reduction 105

Inventory Reduction Inventory Optimization Modeling Optimization Software 105

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. This helps you make informed decisions without risking disruptions to your physical systems.

Modeling Software 72

Modeling Software Supply Chain Design Software Supply Chain Planning Software Optimization Software 72

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

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 124

Optimal Sourcing Supply Chain Planning Software Modeling Software Optimization Software 124

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 142

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 142

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

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. The tool was able to create a model going out multiple years.

Supply Chain Design Software 112

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 112

Logistics Bureau

DECEMBER 28, 2024

3PLs may have to reinvent their business model in these cases, if they want to continue serving such customers, possibly becoming the Uber of their logistics sector for needs ranging from massive bulk transport down to individual, end-customer deliveries. All you need is your credit card (and a driving licence, of course.)

3PL 74

3PL Trends Supply Chain Design Software Industry 74

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

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

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 111

Optimization Modeling Scenario Planning Inventory Reduction Price Reduction 111

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. In the digital step, companies integrate all data sources to consolidate data on a cloud platform.

Supply Chain Planning Software 119

Supply Chain Planning Software Optimal Sourcing Scenario Planning Manufacturing Procurement 119

Bringg

MARCH 24, 2021

Supply chain optimization ensures a smoother process and a more successful business model focusing on efficiency and profit. What is supply chain optimization? . Optimizing this process allows it to function at peak efficiency. Best practices for supply chain optimization . Optimizing Your Supply chain network .

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

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. There are of course challenges to the ATO mode of production.

Ordering 111

Ordering Inventory Reduction Material Savings Modeling Software 111

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

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

Stord

NOVEMBER 30, 2022

Atlanta, GA, November 16, 2022 – Stord , the Cloud Supply Chain leader, today announced Stord Parcel , a carrier-agnostic last-mile delivery solution with advanced modeling to automatically choose the most efficient and cost-effective carrier and service level that meets the expected delivery date for all packages.

Optimization Software 60

Optimization Software Optimization Modeling Optimization Negotiating Skills 60

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 116

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 116

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 83

Optimal Sourcing Supply Chain Planning Software Optimization Software Modeling Software 83

Log-hub

DECEMBER 10, 2024

Lets explore what reverse logistics entails, why its important, and how businesses can optimize it. Furthermore, the process involves sorting, inspecting, and determining the best course of action for each item, which demands significant time and effort. To recover value or ensure proper disposal. What is Reverse Logistics?

Reverse logistics 40

Reverse logistics Supply Chain Planning Software Waste Reduction Logistics Network Optimization Software 40

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

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 96

Supply Chain Planning Software Modeling Software Optimization Software Logistics Network Optimization Software 96

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. This is especially true for route optimization. The primary reason companies buy a TMS is for freight savings.

Optimization Software 111

Optimization Software Supply Chain Planning Software Supply Chain Design Software Modeling Software 111

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

AIMMS

FEBRUARY 3, 2020

Many are relying on advanced analytics to optimize their supply chain for sustainability. The Institute of Forest Management from the Technical University of Munich developed an AIMMS model that helps forest enterprises consider risks and strategies for carbon mitigation. AIMMS is used by several organizations for this purpose.

Supply Chain Planning Software 103

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 103

Freightos

MARCH 29, 2017

So we spoke to some of Freightos’ investors to see what drew them to logistics (and, of course, Freightos specifically). #1: 2: (Freight) Data Is The New Oil. We also believe that data is the foundation of all 21st century business; he who has the data will win in the 21st century. 1: The World Is Getting Busier.

Logistics Network Optimization Software 89

Logistics Network Optimization Software Modeling Software Optimization Software Supply Chain Software 89

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 128

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

Logistics Bureau

OCTOBER 9, 2023

In this post, we’re revisiting the topic with a more holistic approach, focusing on six factors that can make the difference between an optimal and suboptimal distribution network design. It would be folly not to take advantage of data availability and accessibility.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Design Distribution Networks 98

SYSPRO Smarter ERP

JULY 14, 2022

Of course, the pandemic then hit global shores, not to mention the ripple effects of global trade wars. ERP comes with a number of benefits: To take advantage of dual production locations with close neighbours and leverage further collaboration, ERP can be used to integrate data across multiple sites. In 2019, China accounted for 28.7

Manufacturing Procurement 116

Manufacturing Procurement ERP Supply Chain Software Supply Chains 116

FreightWaves SONAR

FEBRUARY 9, 2021

However, looking beyond the short-term and consider freight lane -specific data can go a long way to optimizing asset allocation and avoiding these risks. Of course, nationwide market insights can only go so far when used to manage assets that move across the country. And it’s important to understand why. Request a SONAR Demo.

Data 52

Data Freight Demo Outbound 52

FreightWaves SONAR

FEBRUARY 9, 2021

However, looking beyond the short-term and consider freight lane -specific data can go a long way to optimizing asset allocation and avoiding these risks. Of course, nationwide market insights can only go so far when used to manage assets that move across the country. And it’s important to understand why. Request a SONAR Demo.

Data 52

Data Freight Demo Outbound 52

GlobalTranz

JULY 7, 2017

Editor's Note: Today's is blog is from Nicole Lewis who shows us the steps for smarter logistics planning optimization. However, contemporary business affairs feel an increasing need not only in logistics planning optimization but also in it as a whole procedure. Logistics planning optimization, evaluation of results and monitoring.

Optimal Sourcing 25

Optimal Sourcing Supply Chain Planning Software Optimization Software Logistics Network Optimization Software 25

Logistics Viewpoints

FEBRUARY 8, 2022

According to a recent article in Forbes , 48% of consumers today prefer a hybrid shopping model that combines online and in-store components. As disruptive events occur along the digital thread, the entire organization can act in a fluid, connected manner to optimize costs, service levels and other outcomes.

Optimal Sourcing 105

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 105

Logistics Viewpoints

MAY 27, 2021

Even before the emergence of COVID-19, next-day and same-day delivery promises from mega retailers, as well as new delivery models such as store pick-up, were driving increasing customer expectations — not just in retail, but in every industry. Implement successful omnichannel strategies and business models.

eCommerce 111

eCommerce Optimal Sourcing Supply Chain Software Supply Chain Planning Software 111