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 118

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 118

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 155

Optimal Sourcing Supply Chain Planning Software Modeling Software Optimization Software 155

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

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 161

Optimization Software Supply Chain Planning Software Supply Chain Design Software Modeling Software 161

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 Optimal Sourcing Network Optimization Software 78

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

The Lean Thinker

JULY 2, 2024

Nor did they talk about executive bonuses or using excess cash for stock buybacks to raise the price of outstanding stock rather than investing that money into developing new aircraft; improving existing products or processes; or distributing that profit as dividends to the shareholders.

Supply Chain Design Software 397

Supply Chain Design Software Price Reduction Supply Chain Planning Software Optimization Software 397

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 166

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 166

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 153

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 153

Logistics Business Magazine

JUNE 22, 2023

Intralogistics has been very successful for years in automating manual activities and thus sustainably improving ergonomics within the internal and external supply chain. How, for example, must future user interfaces or tools be designed? They are the source of ideas and critical testers”, Johannes Schweiger says.

Supply Chain Design Software 56

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Optimization Software 56

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 125

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 125

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 164

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 164

Logistics Bureau

NOVEMBER 3, 2024

Of course, it is helpful to have some statistics on hand to validate the statement above. Mini Case Study: Walmart Walmart may be the most famous example of a company that has succeeded primarily because of a well-developed and aligned supply chain strategy. If you want business success (and who doesn’t?),

Supply Chain Design Software 82

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 82

Logistics Bureau

OCTOBER 26, 2024

Consultants take a proven approach to help with all aspects of the supply chain, including procurement, manufacturing, logistics, and distribution. 1) To Gather Information Supply chain improvement initiatives, or even efforts to resolve a specific problem, can often entail the need for large quantities of accurate, current data.

Supply Chain Planning Software 118

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 118

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

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

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

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

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

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 152

eCommerce Optimal Sourcing Supply Chain Software Supply Chain Planning Software 152

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

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

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 188

Supply Chain Software Supply Chains Sourcing Strategies Optimal Sourcing 188

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

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 138

Optimal Sourcing Freight Procurement Logistics Network Optimization Software 138

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 Business Magazine

DECEMBER 13, 2021

Four big names, one big project: Anchoring open source in logistics across the globe. A technology initiative of this kind is not only unique in logistics to date, but the founders are also taking on a pioneering role in the future topic of open source. Open source means that the source code of a software is publicly accessible.

Sourcing Strategies 54

Sourcing Strategies Optimal Sourcing Sourcing Logistics Network Optimization Software 54

Logistics Business Magazine

DECEMBER 13, 2023

Leveraging a business network for ESG and SCOPE 3 reporting: Business networks connect global supply chains across many different sectors, they are pervasive and reach into almost any business system and out to any trading partner or information source. Conversational AI is set to change how users interact with their business networks.

Supply Chain Design Software 56

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 56

Stord

JANUARY 11, 2022

Stord’s team works with hundreds of companies every day to drive efficiencies and optimize their operations across a range of freight, warehousing, fulfillment and packaging requirements. For example, the price of 42# linerboard has gone up 35% in the last 12 months, over the course of 4-5 price increases.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Optimization Software Optimal Sourcing 78

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. The answer depends, of course, on your company’s objectives and, particularly, on your customer service promises. What Next for Toyota IM?

Inventory Reduction 89

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 89

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 97

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 97

Freightos

MARCH 17, 2019

The annual fixed-price contract is the current go-to for ocean freight procurement. But, much like the iPod, which was admittedly a great device, there’s clearly room for improvement. Source: SGX, Freightos Baltic Index. Technology rewrote industry rules and improved our listening to music. We never looked back.

Optimal Sourcing 48

Optimal Sourcing Procurement Price Reduction Freight 48

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

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 63

Optimal Sourcing Supply Chain Planning Software How To Scenario Planning 63

Logistics Viewpoints

MAY 24, 2021

Cardinal Health sources products globally and distributes those pharmaceutical and medical supplies in the United States through their network of distribution centers. Rail is improving,” Mr. Halligan said. Transportation efficiencies, of course, are also good for the environment. domestic deliveries every day.

Optimal Sourcing 85

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Supply Chain Software 85

Ship Monk

FEBRUARY 8, 2023

This, of course, means that streamlining those warehousing and fulfillment operations can drive profitability. Whether you manage your own fulfillment warehouse or outsource ecommerce order fulfillment and logistics to a 3PL , there is always room for improvement. But how do you identify what is going well and what needs improving?

Optimal Sourcing 58

Optimal Sourcing Operations Optimization Software Inventory Reduction 58

Logistics Bureau

NOVEMBER 6, 2023

Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency. It also offers benefits regardless of whether you are already using energy-efficient light sources.

Cost Reduction 109

Cost Reduction Purchasing Skills Waste Reduction Material Savings 109