Logistics Viewpoints

OCTOBER 24, 2024

Spend Management Takeaways SAP continues to invest in using generative AI to improve the user experience. SAP is embedding its generative Joule across the SAP Ariba source-to-pay solution portfolio to make it easier for their customers to manage routine inquiries, such as status updates, summarization, and frequently asked questions.

SAP 113

SAP Procurement Solutions Manufacturing Procurement Procurement Analytics 113

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

Talking Logistics

FEBRUARY 1, 2018

Of course, another thing that has changed and improved significantly over the years is the technology behind Supply Chain Control Towers. Optimization : “It also has to support optimization, which facilitates decision making. Key Capabilities of Supply Chain Control Towers.

Optimal Sourcing 84

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 84

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

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

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

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

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

The Logistics of Logistics

MAY 10, 2023

About Jorge Gonzalez Henrichsen Jorge Gonzalez Henrichsen is Co-CEO of The Nearshore Company, where he helps North American, European, and Asian manufacturing companies to successfully establish reliable manufacturing operations in Mexico, by ensuring quality, certifications, transparency, and continuous improvement. Jorge holds a B.A.

Manufacturing Procurement 370

Manufacturing Procurement Sourcing Strategies Cost Reduction Supply Chain Design 370

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. Starting with a first principles model, according to AspenTech, improves accuracy significantly.

Supply Chain Planning Software 140

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 140

FreightWaves SONAR

APRIL 13, 2021

With the proper use of data and freight analytics , contract procurement and securing capacity can be enhanced. The result is improved efficiency and profitability for both carriers and shippers – along with significant environmental benefits.” Those are the founding principles behind SONAR SCI Lane Acuity.

Negotiating Skills 97

Negotiating Skills Optimal Sourcing Sourcing Strategies Data 97

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

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

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

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 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 Lead Time. Cost per Purchase Order and Cost per Invoice.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

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 114

Supply Chain Planning Software Optimal Sourcing Scenario Planning Manufacturing Procurement 114

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. Companies are looking at TMS to reduce costs while improve sustainability initiatives. Cloud Solutions.

Optimization Software 107

Optimization Software Supply Chain Planning Software Supply Chain Design Software Modeling Software 107

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

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. The main reason was that we were trying to manage our investments as optimally as possible.

Modeling Software 117

Modeling Software Optimization Modeling Optimal Sourcing Modeling 117

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 119

Optimal Sourcing Supply Chain Planning Software Modeling Software Optimization Software 119

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 111

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 111

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. By focusing on these areas, businesses can enhance customer satisfaction and loyalty.”

Inventory Reduction 49

Inventory Reduction Waste Reduction Sourcing Strategies Cost Reduction 49

Material Handling and Logistics

JANUARY 4, 2019

One of the biggest sources of financial uncertainty in 2019 will be international tariff policy and its impact on product demand. Looking at purchases to make in 2018, Shipley advises companies to " focus on their procurement 'tail spend' — that is, smaller purchases that don’t make it onto a company’s management radar, Shipley advised.

Procurement Solutions 136

Procurement Solutions Modeling Software Optimal Sourcing Purchasing Skills 136

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 126

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 126

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

FEBRUARY 28, 2023

This strategy allows logistics providers to remain agile, optimize fulfillment workflows and efficiently handle orders received from multiple selling channels in a single facility. So, if an organization has multiple inventory sources (warehouses, stores, drop shipping, Fulfillment by Amazon (FBA), etc.)

Optimal Sourcing 106

Optimal Sourcing Inventory Reduction Sourcing Strategies Vendor Strategies 106

The Lean Thinker

MARCH 23, 2023

Job Methods, teaching the skill of analyzing work with an eye to improve efficiency. In many cases the material these current-day trainers use deviates very little from the source material. The challenge, of course, is that nobody owns this material. Can we do something which will improve loyalty and cooperation?

Buyer Training 195

Buyer Training Material Savings Course Optimal Sourcing 195

Logistics Bureau

DECEMBER 28, 2024

All you need is your credit card (and a driving licence, of course.) Digital & Technological Integration Beyond basic warehouse management systems, 3PLs are adopting artificial intelligence and machine learning to optimize routing, predict maintenance needs, and improve inventory management.

3PL 74

3PL Trends Supply Chain Design Software Industry 74

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 103

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 103

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

Stord

JULY 6, 2022

This technology is a slightly more optimized way to track a commoditized business, rather than a significant driver of net new value that solves real problems for brands. It is the digital glue that connects a brand’s supply chain, allowing them to have a holistic view and centralized source of information for their entire business.

Optimization Software 78

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

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.

Optimal Sourcing 109

Optimal Sourcing Logistics Network Optimization Software Optimization Software Procurement 109

GoShip Blog

JULY 7, 2022

If you own an eCommerce store, optimizing your business for same-day deliveries can be beneficial both to your business and to your customers. It is possible to use expenses as additional sources of revenue. Of course, if you want your package delivered sooner, you should enlist the help of a courier.

Optimal Sourcing 52

Optimal Sourcing Optimization Software eCommerce Tips 52

Logistics Viewpoints

FEBRUARY 8, 2022

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. In this climate, it is important to take actions to improve delivery responsiveness and speed. The Digital Warehouse, Fueled by Optimized Labor.

Optimal Sourcing 102

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 102

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

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