Blue Grace Logistics

NOVEMBER 21, 2023

The decision to opt for frozen products over fresh ones is not just about convenience; it is a calculated strategy to strike a harmonious balance between buyers’ wallets and taste buds. Supply chain professionals in the cold chain space have observed the steady rise of this trend and are ready to heed the call.

Optimal Sourcing 91

Optimal Sourcing Sourcing Strategies Resource Reduction Optimization Software 91

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 324

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Transportation 324

FreightWaves SONAR

FEBRUARY 11, 2021

However, enterprise shippers can make a comeback by implementing smart truckload shipping strategies by retooling and putting freight forecasting power to work. And these additional five shipping strategies can help enterprise shippers maximize recovery and boost profits. And it has opened new channels for capacity procurement.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Supply Chain Planning Software Optimization Software 98

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

The Logistics of Logistics

NOVEMBER 10, 2023

Tim Higham and Joe Lynch discuss the free TMS, which is of course AscendTMS. It grew through a continued mixture of internal organic growth and further diversification through a continued acquisition strategy with Palm Beach Capital. This means that it is free to use and modify, and the source code is available for anyone to inspect.

Logistics Network Optimization Software 366

Logistics Network Optimization Software Sourcing Strategies Optimal Sourcing Cost Reduction 366

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 148

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 148

Logistics Viewpoints

FEBRUARY 8, 2022

Manufacturers, retailers and their logistics partners often managed supply and demand volatility by shifting scarce inventory among stores or distribution centers, or investing in expedited freight charges, without considering the real implications of these strategies on their long-term profitability. While driving a projected $14.1

Optimal Sourcing 114

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 114

Ship Monk

MARCH 30, 2024

When ShipMonk started, one of the driving forces was shaking up the long-static logistics industry with innovation that would allow ecommerce brands to grow and scale optimally. This advanced transportation management and rate shopping strategy removes guesswork while infusing flexibility. Have more questions?

3PL 105

3PL Supply Chain Design Software Optimization Software Supply Chain 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 138

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 138

Logistics Viewpoints

MAY 27, 2021

Transportation assets, warehousing space and human workers can be optimally scheduled, and rescheduled, based on real-time or near-term demand signals. Capacity can be easily ramped up or down due to product seasonality, holidays and of course global events such as the COVID-19 pandemic. A Top-Level Vision Is Key to Enabling Agility.

eCommerce 141

eCommerce Optimal Sourcing Supply Chain Software Supply Chain Planning Software 141

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. But what does a great inventory management strategy look like? Amazon did not invent the random storage approach. Book your free consultation.

Inventory Reduction 88

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 88

3PL Links

APRIL 23, 2024

Image source: Biz Epic | Top 8 Applications of Artificial Intelligence in The Supply Chain Innovation in technology has completely changed the supply chain. In this regard, supply chain management’s intricate operations are becoming more and more optimized through the use of artificial intelligence (AI).

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 48

CH Robinson Logistics

DECEMBER 9, 2020

As we collaborate with shippers on new approaches and strategies to reach their goals, we also apply best practices that hold true in any market. Robinson’s information advantage—a combination of our shipping data, experience, and scale—and research with several universities, we found three ways to improve your logistics performance. .

Optimal Sourcing 62

Optimal Sourcing Cost Reduction Price Reduction Supply Chain Planning Software 62

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

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

3PL Links

JULY 2, 2024

Image source: Needpix.com | Sustainable Supply Chain: Benefits and Challenges The idea of a sustainable supply chain can seem like a great task in a world where time seems to be of the essence and enterprises are always in a rush to meet market demands. A better reputation, financial savings, and consumer respect are among the advantages.

Supply Chain Design Software 48

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chains 48

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 Viewpoints

OCTOBER 3, 2022

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. The upshot of this is that companies could not calculate a return on investment on improving these capabilities.

Supply Chain Software 176

Supply Chain Software Supply Chains Sourcing Strategies Optimal Sourcing 176

Logistics Bureau

MAY 30, 2022

Our three pillars (or fundamentals) of great supply chain management excellence are strategy, service, and cost. Aligning strategy, service, and financial factors in your supply chain operation is essential to support your company’s overall business strategy , mission, and objectives. The Importance of Alignment.

Inventory Reduction 113

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 113

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

Logistics Viewpoints

JULY 28, 2022

Across the global business ecosystem, sourcing and retaining top talent labor is of utmost importance. The difficulties are pushing companies to come up with creative strategies that help encourage employees to find on-the-job fulfillment. One such tactic is the implementation of robotics and gamification in a warehouse setting.

Supply Chain Design Software 155

Supply Chain Design Software Sourcing Strategies Supply Chain Software Material Savings 155

Logistics Bureau

JANUARY 7, 2020

Of course, it is helpful to have some statistics on hand to validate the statement above. Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. What’s wrong with this picture?

Supply Chain Design Software 123

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 123

Freightos

FEBRUARY 28, 2024

Of course, the economic viability of these types of shipments is limited to specific commodities. For more information on how Freightos drives market insights across the value chain, visit terminal.freightos.com Ian Arroyo Chief Strategy Officer, Freightos Group Ian is a passionate entrepreneur, strategy geek, and people builder.

Negotiating Skills 62

Negotiating Skills Cost Reduction Price Reduction Vendor Strategies 62

Logistics Bureau

JANUARY 9, 2019

Of course, it is helpful to have some statistics on hand to validate the statement above. Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. Mini Case Study: Walmart.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 118

CH Robinson Logistics

JULY 8, 2021

Customers now expect reliability, speed, and convenience in their small parcel delivery experience and a company’s ability to meet those expectations can even be a source of differentiation. Developing the right strategy and executing it well has numerous benefits for both you and your customers.

Cost Reduction 62

Cost Reduction Sourcing Strategies Meeting Optimal Sourcing 62

Logistics Viewpoints

AUGUST 22, 2023

That’s when you can course correct in any number of ways that make your business more efficient and your customers happier. And modern, API-first data strategies have vastly improved portability, ensuring data can be easily moved and shared between any cloud and any application. In other words, visibility is an enabler.

Supply Chain Planning Software 112

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

The Logistics Academy

JUNE 1, 2018

The IMO’s Marine Environment Protection Committee (MEPC) plans to adopt an initial greenhouse gas strategy, the first of its kind for the shipping sector whose annual CO2 emissions are slightly higher than the annual emissions of Germany. Setting a common course? Source : [link].

Course 40

Course Price Reduction Cost Reduction Sourcing Strategies 40

AIMMS

FEBRUARY 3, 2020

Moving past waste, water, and C02 reduction, they have begun searching for renewable energy sources, different forms of packaging, and increased efficiency overall. More and more enterprises will be focusing on processes like ethical sourcing, reverse logistics, and using green materials in response to public demands.

Supply Chain Planning Software 133

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 133

EazyStock

JANUARY 27, 2021

In addition to shorter lead times, lower shipping costs, no tariffs and a typically lower MOQ, domestically-source products usually are higher quality – plus, sourcing domestically can work as an attractive marketing strategy. For domestic suppliers, the opposite is typically the case. Automation. Automation.

Supply Chain Software 96

Supply Chain Software Supply Chain Planning Software Inventory Reduction Supply Chains 96

UL EHS- Sustainability

OCTOBER 31, 2019

But the most successful learning and development teams also understand how to measure the success of each training course and react accordingly. A training needs analysis (TNA) will identify where employee training can make a meaningful contribution towards improving performance.

Buyer Training 40

Buyer Training Optimal Sourcing Expense Reduction Cost Reduction 40

Logistics Viewpoints

JUNE 29, 2021

When you’re ingesting and synthesizing data from dozens or hundreds or millions of sources (as most sophisticated platforms do nowadays), you will see duplicated records, incomplete fields, formatting inconsistencies, different languages, different units of measurement. And better data science leads to better business outcomes for customers.

Data 148

Data Supply Chain Design Software Supply Chain Planning Software Digital 148

GlobalTranz

NOVEMBER 16, 2016

The amount of information and improvement possible through big data can be overwhelming. Yet the majority of companies have not defined a big data strategy, and others are barely starting to notice. . �. How to Get Started with Your Big Data Strategy. . Bluetooth-connected sensors. Hand-held scanners.

Resource Reduction 91

Resource Reduction Cost Reduction Supply Chain Planning Software Supply Chain Software 91

Ship Monk

APRIL 5, 2024

The fact is, most business owners think of procurement as nothing more than a transactional relationship. So much attention is paid to negotiating the price of the goods and coordinating the delivery that very little thought goes into the quality of the relationship and how improving it might help you both. If so, good on you!

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 105

Logistics Viewpoints

JUNE 20, 2022

Mr. Bailey has worked most of his career at VF – as an industrial engineer in facilities, in strategic sourcing, running offshore operations, and now as the person in charge of the company’s entire supply chain. VFC’s supply chain sourced over 410 million units of apparel, footwear, and accessories in their last fiscal year.

Supply Chain Planning Software 129

Supply Chain Planning Software Supply Chain Software Manufacturing Procurement Supply Chains 129

3PL Links

JULY 21, 2024

Today’s diverse difficulties have demonstrated the need for applying certain tactics in order to change course. In this regard, it is advised to reevaluate offshore and network strategies and find a balance in reshoring in order to control costs, address tax ramifications, and take advantage of local market opportunities.

Supply Chain Design Software 48

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 48

FreightWaves SONAR

MARCH 4, 2021

The problem: Shipping demand management includes a need to source capacity around the clock Capacity rules when it comes to keeping the supply chain moving and the trucks full. Sourcing capacity and load contracts require the constant attention of management.

Price Reduction 97

Price Reduction Cost Reduction Expense Reduction Waste Reduction 97

3PL Links

JANUARY 31, 2023

7 Best Tips for Inventory Management To Avoid Losses | Image source: AR Racking Inventory management is likely the most crucial success component if you sell products through an online store. As a result of only investing in an expensive marketing strategy, you immediately miss the point. In a nutshell, a situation to avoid.

Inventory Reduction 62

Inventory Reduction Inventory Tips Expense Reduction 62