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

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 Bureau

DECEMBER 6, 2024

Looking to real-life examples for inspiration, we can ask, ‘Who does reverse logistics well?’ ’ Companies like Sears, Dell, and Zappos are often pointed to as models to follow for reverse logistics. Much depends upon the nature of your supply chain operation of course. Persuade the customer otherwise.

Reverse logistics 74

Reverse logistics Cost Reduction Vendor Strategies Inventory Reduction 74

The Lean Thinker

MAY 27, 2020

It creates the illusion of complete awareness of the things around us when, in reality, we are simply aware of a model our brains have constructed of what we perceive to be there. How many opportunities to they have to make a mistake every day… every hour… in the course of their work? They are experts at what they do.

Buyer Training 269

Buyer Training Trucking Examples Video 269

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. Lead times, for example, are a critical form of master data for planning purposes. In process industries the supply chain models used for optimization are much more complex than those used in other industries.

Supply Chain Planning Software 141

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

The Lean Thinker

AUGUST 31, 2022

Our operating system) is, by our own model, the “Operational Excellence” pillar of (our business system). Classes and Courses ? The vast majority of our teaching should be experiential, and based in real-world situations, solving actual problems vs. examples and contrived exercises. Kaizen tools included.

Events 44

Events Modeling Software Workshop Buyer Training 44

Logistics Business Magazine

JUNE 9, 2022

Recent models such as the Combi-XLE and now the Combi-FSE focus on heavier duty application for industry sectors such as timber, steel, tubes & pipes and builders merchants. The attributes of this new model will also greatly benefit companies in other industries who deal with extremely oversized, heavy or bulky loads.

Modeling Software 61

Modeling Software Modeling Logistics Network Optimization Software Material Savings 61

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.”. For example, Oracle is using average emission from a 5-ton truck, or a bulk tanker. Transportation Modeling Can be Used to Reduce Emissions.

Cost Reduction 125

Cost Reduction Price Reduction Supply Chain Planning Software Scenario Planning 125

Logistics Viewpoints

APRIL 22, 2024

Causal AI utilizes sophisticated causal models to make decisions on multiple levels. A causal model graph represents a network of interconnected entities and relationships, enabling the system to understand how various factors influence each other to create an optimized outcome. Of course, getting a promise right is vital.

Optimal Sourcing 122

Optimal Sourcing Supply Chain Planning Software Modeling Software Optimization Software 122

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 113

Supply Chain Planning Software Modeling Software Logistics Network Optimization Software Supply Chain Software 113

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. The Power of Flexible Modeling Based on their background, o9’s cofounders understood the strengths and weaknesses of existing planning technology. A very powerful modeling framework was required.”

Supply Chain Planning Software 113

Supply Chain Planning Software Modeling Software Procurement Solutions Supply Chain Software 113

Logistics Viewpoints

AUGUST 19, 2024

The circular economy is a model that involves sharing, leasing, reusing, repairing, refurbishing, and recycling existing materials and products as long as possible. The apparel industry is a prime example. Businesses, of course, seek to maximize profits. A prime example of a fast fashion brand is Zara.

Waste Reduction 120

Waste Reduction Supply Chain Design Material Savings Waste 120

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. Cloud computing itself is a prime example.

3PL 74

3PL Trends Supply Chain Design Software Industry 74

Logistics Viewpoints

SEPTEMBER 6, 2023

The authors then describe the progress necessary for something like anticipatory shipping to change business models. Of course, the progress of Amazon Prime over the last decade has leveled the playing field quite a bit. Expedited shipping could reduce shipping wait times, but with a substantial cost increase.

Inventory Reduction 126

Inventory Reduction Purchasing Skills Cost Reduction Modeling Software 126

Material Handling and Logistics

OCTOBER 30, 2018

Successful procurement leaders are operating smarter by leveraging analytics and technology such as integrated suites to generate clean data (at least if they have a unified data mode) and master data management solutions for addressing issues in back end systems, cleaning and normalizing suppliers’ records, for example. How do you do that?

Optimal Sourcing 166

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 166

AIMMS

JULY 15, 2019

A great example of this is one of our customers, a Europ ean chemical company with $300M in annual revenue who is growing fast and was ready to move from spreadsheets to something more robust. The extensively used National Energy Model is just one of them. . Analytics will play an increasingly important role in S&OP .

Supply Chain Planning Software 107

Supply Chain Planning Software Scenario Planning Modeling Software Gartner 107

Ship Monk

FEBRUARY 9, 2024

Of course, the more data you need and the more sophisticated your methods are, the more expensive demand forecasting becomes. For example, if you’re introducing a new product and there are no similar products to draw historical data from, qualitative research is a must to reduce risk.

eCommerce 105

eCommerce Operations Inventory Reduction Modeling Software 105

Logistics Bureau

APRIL 12, 2021

But let’s wind the clock back a bit and look at some of the simple ways that network design can work before focusing on the more complex models. For that reason, companies will usually establish one warehouse on the east coast and another on the west coast, depending, of course, on the service offer. Spreadsheet Models.

Supply Chain Design Software 85

Supply Chain Design Software Supply Chain Design Distribution Networks 85

Bringg

AUGUST 5, 2020

Click & Collect, has been gaining popularity as an omnichannel fulfillment model with high returns that can also preserve the in-store experience. Customers benefit from the speed, low cost, and convenience of the fulfillment model. Both fulfillment models can use existing staff, or require outsourced resources.

Trends 118

Trends Modeling Software Optimization Software Optimization Modeling 118

MTS Logistics

JULY 21, 2021

Businesses are still trying to find methods to keep their efficiency and productivity under control and reinterpret traditional work models with an innovative approach and use technology more effectively. Of course, this process will not be like the “old normal” in many companies.

Modeling Software 98

Modeling Software Digital Optimization Software Logistics Network Optimization Software 98

Log-hub

DECEMBER 10, 2024

Furthermore, the process involves sorting, inspecting, and determining the best course of action for each item, which demands significant time and effort. Companies will increasingly adopt circular economy models, emphasizing reuse and recycling over disposal. This transparency reduces any potential confusion and enhances satisfaction.

Reverse logistics 40

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

Logistics Bureau

NOVEMBER 14, 2018

Thus, if you find out that an expensive transport solution (courier for example) is routinely being used to deliver a low margin product to a customer, you’ll understand that much better if the end result for you turns out to be a loss. It can of course also be used to make an already profitable relationship even more profitable!

Purchasing Skills 93

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 93

Logistics Viewpoints

JUNE 10, 2021

Leveraging different models of thinking, representing key metrics using data aggregation, exposing real anomalies, and recommending a course of action based on operating models will make businesses smarter. The rise of autonomous technologies. Oracle Warehouse Management does this!

Supply Chain Planning Software 95

Supply Chain Planning Software Modeling Software Optimization Software Logistics Network Optimization Software 95

Forto

APRIL 25, 2020

Flexible working models, paperless processes and digitalization are non-existent or a novelty in many places in the industry. Of course, this applies not only to the internal distribution of tasks. This is different with us – it has always been a living reality. How can logistics companies master them?

Course 52

Course Digital Modeling Software Logistics Network Optimization Software 52

Forto

APRIL 9, 2020

Flexible working models, paperless processes and digitalisation are non-existent or a novelty in many places in the industry. Of course, this applies not only to the internal distribution of tasks. This is different with us – it has always been a living reality. How can logistics companies master them?

Course 52

Course Digital Modeling Software Logistics Network Optimization Software 52

IoT World Today

OCTOBER 15, 2020

FedEx, for example, has been on a multiyear digital transformation journey that included cloud computing and work-from-home capabilities but also widespread sensor technology buildouts, robotics forays and continued support of blockchain technologies.

Waste Reduction 122

Waste Reduction Cost Reduction Strategy Supply Chain Design Software 122

Logistics Viewpoints

JUNE 8, 2022

For example, in a recent CNBC interview Ben Bernanke noted that the Federal Reserve likely looked at the unemployment rate and total employment in early 2021 and inferred that there was plenty of slack in the labor market. For example, interest rate hikes tend to deter lower priority investments and those that require debt financing.

Scenario Planning 123

Scenario Planning Analysis Events Purchasing Skills 123

Ship Monk

MARCH 4, 2021

AR, for example, is great for workforce training situations where employees still need a firm grasp on the real world, and VR can be used for simulations, virtual tours, and, yes, video games. Of course, there are always exceptions, as was the case with Pokémon Go, which relied on augmented reality to woo millions of fans around the globe.

eCommerce 97

eCommerce Eliminating Excel in Purchasing Modeling Software Procurement Analytics 97

Logistics Bureau

MAY 31, 2021

For example: Compared to selling a product in-store, the cost to deliver that same item as a small parcel can be several times higher. The above examples reflect costs that include picking, packing, and last-mile delivery. The list above is not exhaustive but merely provides some notable examples of cost drivers.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

Freightos

OCTOBER 26, 2020

The shift to full end-to-end integration, of course, leaves no one else in the middle. The first is size , of course, with Maersk running over 17% of global ocean capacity , but also selling land-services to just under 20% of those same customers. Other sources reported that DB Schenker was not the only forwarder making this shift.

Logistics Network Optimization Software 134

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Price Reduction 134

Logistics Bureau

SEPTEMBER 28, 2020

In its simplest form, fourth-party logistics is a model in which manufacturers hand over the entirety of the organisation and oversight of their supply chain to a 4PL provider. The best example of a 4PL model is Amazon.com. Some Australian 4PL Models. What is 4PL? What is 3PL? Amazon: A Hard 4PL Act to Follow.

4PL 98

4PL Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software 98

Logistics Bureau

OCTOBER 10, 2022

For example, you can optimise for cost, profit, or service, but not for all of them. For example, inaccurate forecasts typically lead to: Overstocking — a problem that ties up working capital and can lead to inventory obsolescence. Applying a single forecasting model to all products in the inventory portfolio.

Inventory Reduction 105

Inventory Reduction Inventory Optimization Modeling Optimization Software 105

SYSPRO Smarter ERP

JANUARY 19, 2022

For example, one of the main problems with Asian-US trade is that all container ship deliveries are now routed to the West Coast, even though the bulk of America’s manufacturers are based on the East Coast. The supply chain of the future will not use the business models which are currently in place. The benefits of ERP.

Manufacturing Procurement 105

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

Logistics Bureau

FEBRUARY 7, 2022

Of course, a lack of support from universities means that there are no locally produced supply chain professionals. However, I think the only way to make meaningful progress in these geographies is, of course, to have local talent there all the time helping to solve these problems. Kenya is a big exception.

Supply Chains 98

Supply Chains Course Manufacturing Procurement Video 98

Logistics Viewpoints

APRIL 19, 2023

Second, what is autonomous planning in supply chain, and what are some practical examples? Of course, while doing that you need to consider the operational realities of the business as well as the commercial rules agreed with suppliers, so planners don’t have to constantly adjust the results.

Supply Chain Planning Software 117

Supply Chain Planning Software Optimal Sourcing Scenario Planning Manufacturing Procurement 117

Logistics Bureau

NOVEMBER 2, 2020

Companies have to pursue profits of course, (how else will they stay in business?) Examples of CSR Programmes. It is always helpful to look at some concrete examples when exploring complex topics. Example #1: Lego. Example #2: Salesforce. Example #3: TOMS. You get the idea. million volunteer hours.

Waste Reduction 98

Waste Reduction Resource Reduction Supply Chain Design Software Supply Chain Planning Software 98

Logistics Viewpoints

MARCH 21, 2021

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. Coupa has developed a supply chain design maturity model.

Supply Chain Planning Software 127

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 127