Logistics Bureau

AUGUST 2, 2021

Whether you’re planning to benchmark your supply chain or simply trying to improve how you measure its performance, it makes sense to know a little about the most commonly used KPIs for each supply chain component. 7 Procurement KPIs You Should be Using. Supplier Defect Rate. Supplier Lead Time.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

Logistics Viewpoints

APRIL 19, 2023

Second, what is autonomous planning in supply chain, and what are some practical examples? 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.

Supply Chain Planning Software 117

Supply Chain Planning Software Optimal Sourcing Scenario Planning Manufacturing Procurement 117

Logistics Bureau

APRIL 3, 2023

However, I can’t recall writing a general guide about exploiting outsourcing opportunities to improve your supply chain. In this article, I will redress the balance by exploring outsourcing from a more holistic perspective, focusing on ways to consider outsourcing partnerships for improvement throughout the supply chain.

Outsourcing 98

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 98

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. For example, in the US, May 2020 alone eclipsed the entire 2019 holiday shopping season and $82.5

Optimization Software 109

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

Logistics Viewpoints

APRIL 22, 2024

Georgia-Pacific (GP) has demonstrated an application of Causal AI to dramatically improve touchless commerce. 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.

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

Blue Grace Logistics

JULY 24, 2018

The term “optimization” is thrown around often in the logistics landscape. It’s true, optimization is an indispensable part of a well-run business model. While the decision is sometimes considered arbitrary, in order to optimize your operation, i.e. lower cost and maximize profit, it is crucial to consider the following factors. .

Optimal Sourcing 48

Optimal Sourcing Negotiating Skills Cost Reduction Supply Chain Design Software 48

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

Transporeon

SEPTEMBER 19, 2017

Transportation procurement, the process of identifying and evaluating logistics providers, is a game of options. As a simple example, if you have 100 lanes with 10 offers per lane, that number would be 100 10 , or 100,000,000,000,000,000,000. This is where combinatorial optimization can help. On behalf of a U.S.-based

Optimal Sourcing 48

Optimal Sourcing Optimization Software Optimization Vendor Strategies 48

Logistics Bureau

DECEMBER 22, 2024

KPIs in Supply Chain The Basics As in any business activity, supply chain operations need to focus doggedly on improvement to compete in the marketplace, but how do you know if your supply chain performance is satisfactory or getting better or, god forbid, worsening? For this reason, KPIs are essential for any business improvement strategy.

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

Talking Logistics

AUGUST 8, 2017

In today’s post, I’ll share some concrete examples of machine learning applications used today in the context of S&OP. The first example is to use machine learning for improving the results of your promotions and improving sales. Take the Coca Cola company, for example. Machine learning to boost your sales.

Optimal Sourcing 90

Optimal Sourcing Supply Chain Planning Software How To Scenario Planning 90

The Lean Thinker

MARCH 23, 2023

During the war there was huge growth and turnover within the industrial base as production shifted from civilian products (locomotives, for example) to wartime production (tanks). Job Methods, teaching the skill of analyzing work with an eye to improve efficiency. The challenge, of course, is that nobody owns this material.

Buyer Training 195

Buyer Training Material Savings Course Optimal Sourcing 195

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

Logistics Viewpoints

APRIL 7, 2022

As an example, a major retailer whose market presence is in the Americas realized that several of their shipments that originate in China pass through Russia to make their way to the west and are now subject to shipment backlogs. For the longest time, supply chain organizations’ major objective was cost optimization.

Supply Chain Design Software 128

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

Stord

JULY 6, 2022

All of these other players build technology to augment the specific physical logistics services that they offer and/or give clients insights into exactly what these logistics companies are doing on their behalf (for example what orders were shipped). Stord is NOT a logistics company or a software company; we are an optimization company.

Optimization Software 78

Optimization Software Logistics Network Optimization Software Network Optimization Software Optimal Sourcing 78

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

Logistics Bureau

DECEMBER 28, 2024

Cloud computing itself is a prime example. All you need is your credit card (and a driving licence, of course.) This includes investing in electric vehicles, implementing recycling programs, optimizing routes for fuel efficiency, and using sustainable packaging materials.

3PL 74

3PL Trends Supply Chain Design Software Industry 74

SYSPRO Smarter ERP

NOVEMBER 25, 2021

In this blog we will envision the factory of the future and how it will change and improve the factory structure and processes. Improved quality and availability of information to provide critical business insights. What does the smart factory mean for business? Human-tech augmentation. The use of low-code/no-code.

Factories 105

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

Logistics Viewpoints

OCTOBER 10, 2022

in turn, is a boutique procurement consultancy. As the Automotive OEMs improved their supply chain risk management processes, they then turned to their key suppliers to improve their risk management processes. Niebur spoke of risk management as a continuous improvement journey that would never end.

Supply Chain Planning Software 117

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 117

Logistics Viewpoints

FEBRUARY 8, 2022

For example, they might browse products online, but visit a brick-and-mortar store to finalize their selection. As just one example, Nike’s online sales grew by 75% in 2020 — but its profit margins fell from 45.5% due to the higher costs associated with online selling. While driving a projected $14.1

Optimal Sourcing 103

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 103

GlobalTranz

NOVEMBER 17, 2016

Supply chain leaders must be ready to implement big data and leverage it to improve their companies without any delay or inhibition This may sound impossible and frightening, but they must only understand how big always goes back to these two, simple principles of measurement, review, and action. However, the fundamental problem remains.

Supply Chain Design Software 115

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

SYSPRO Smarter ERP

NOVEMBER 24, 2021

In this blog we will envision the factory of the future and how it will change and improve the factory structure and processes. Improved quality and availability of information to provide critical business insights. What does the smart factory mean for business? Human-tech augmentation. The use of low-code/no-code.

Factories 98

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

Logistics Viewpoints

OCTOBER 3, 2022

In warehouses, for example, one solution is labor management. Labor management systems break the work down into very granular activities, set targets for doing those tasks in an allotted period of time, and measure how workers do against the time standards over the course of the day.

Supply Chain Software 138

Supply Chain Software Supply Chains Sourcing Strategies Optimal Sourcing 138

Logistics Bureau

APRIL 18, 2019

Source: Council of Supply Chain Management Professionals 2017 Survey. Of course the same is true in many professions, but is particularly so in the arena of supply chain and logistics. Let’s look at them from the perspective of the supply-chain Plan, Make, Source, and Deliver model. Types of Job in Supply Chain and Logistics.

Manufacturing Procurement 89

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 89

Logistics Viewpoints

MAY 27, 2021

In my Logistics Viewpoints article in April 2021, Building Profitability with Agility while Digitally Transforming the Supply Chain , I mentioned that we will continue to explore here the concrete steps in the digital journey and examples of determination from the top in addition to logistics operations.

eCommerce 109

eCommerce Optimal Sourcing Supply Chain Software Supply Chain Planning Software 109

The Lean Thinker

JULY 11, 2024

No matter which of those courses of action I chose, they are not things I can assign to someone else to do for me. In the context of continuous improvement, we are talking about the culture change that has to accompany any technical implementations if they are to stick for more than a few months. A new ERP system is a prime example.

MRP 195

MRP ERP Course Resource Reduction 195

Logistics Bureau

DECEMBER 6, 2024

Indeed, gamification is becoming an increasingly popular feature across the entire supply chain, from procurement to last-mile delivery. But is gamification really a responsible approach to improving supply chain performance? Essentially, gamification is just an expansion of the use of metrics and KPIs to measure human performance.

Supply Chain Design Software 73

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 73

Logistics Bureau

JANUARY 7, 2020

Of course, it is helpful to have some statistics on hand to validate the statement above. Walmart may be the most famous example of a company that has succeeded primarily because of a well-developed and aligned supply chain strategy. The success of your business links inextricably to the performance of your supply chain.

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 111

SYSPRO Smarter ERP

JULY 14, 2022

Of course, the pandemic then hit global shores, not to mention the ripple effects of global trade wars. Governments across Southeast Asia have implemented several policies to encourage intra-ASEAN collaboration and improved production. Singapore, for example, relies on Malaysia for one-third of its total poultry supply.

Manufacturing Procurement 116

Manufacturing Procurement ERP Supply Chain Software Supply Chains 116

Shipping and Freight Resource

MARCH 10, 2020

Supply Chain = the whole granddaddy process comprising of all aspects in a product cycle, for example from picking of the fruit at a farm in Point A to delivering the fruit to the shelf at a store in Point B using all of the above-mentioned industries, businesses and services. Supply Chain.

Maritime 134

Maritime Supply Chain Planning Software Supply Chains Manufacturing Procurement 134

WorkWave

MARCH 27, 2025

Of course, those working in last-mile delivery already know that its impossible to talk about delivery days without also touching on an intrinsically linked topic: customer satisfaction. The General Data Protection Regulation (GDPR) is a strong example, issuing regulations on data privacy for those in the EU.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimization Software 52

IoT World Today

MAY 21, 2020

Increasing supply chain data visibility is a priority for logistics organizations looking to improve resilience. Supply chains will survive COVID-19, of course, but not without interim pain and structural change. Many product components are sourced from Asia, which experienced a major slowdown in production in early 2020.

Supply Chain Planning Software 145

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

Logistics Bureau

NOVEMBER 14, 2018

The challenge is to measure profitability to the right level of detail in order to see what works and what could be improved. It can of course also be used to make an already profitable relationship even more profitable! The pragmatism of CTS means a piecemeal or partial approach can also yield profit improvements.

Purchasing Skills 93

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

Blue Grace Logistics

AUGUST 12, 2021

For example, in a flight, the wind and its direction are also considered. How Technology Can Improve ETA. Today, many companies have already launched AI tools to improve the prediction of maritime and land transport operations. For example, consider drayage movement. Why Are Accurate And Reliable ETAs important?

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Modeling Software Optimization Software 62

GlobalTranz

JANUARY 9, 2017

2016 marched onward with a drive to improve the use of digital technology throughout the supply chain. Innovation is the driving force behind change and improvement in the modern world. Marshbank’s words highlighted the need to focus on fundamental concepts while responding to changes and improvements in the supply chain.

Supply Chain Software 79

Supply Chain Software Supply Chains Optimal Sourcing Digital 79

Blue Grace Logistics

JULY 21, 2020

Understanding the nuances of your supply chain and how to improve upon it is the best way to achieve maximum savings, optimize efficiency, and manage customer expectations. Measuring can help you to: Analyze the need for process improvements. Of course, the first step in this process is often the most daunting.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Cost Reduction Supply Chain Software 62

Logistics Viewpoints

OCTOBER 20, 2022

The frequency of RFP events is only one area that can be improved as shippers look for a better way to manage freight procurement processes. Some items on a shipper’s “Wish List” for freight procurement are flexibility, visibility, and efficiency. Break out the eggnog because there is a better way to manage freight procurement.

Optimal Sourcing 104

Optimal Sourcing Freight Procurement Logistics Network Optimization Software 104