Blue Grace Logistics

DECEMBER 7, 2023

US-Mexico Trade Trends Indicate Nearshoring Has Momentum Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - December 7, 2023 ‘While Mexico Has Surpassed China as the United States’ No. But there’s definitely been an increase.

Trends 118

Trends Definition Case Study Webinar 118

Trinity Logistics

AUGUST 22, 2024

Definitely no to the last one!) It has become a term applied to applications that can perform tasks a human could do, like analyzing data or replying to customers online. Machine Learning is just that – a machine or program that can learn from data. What is the history of AI? When did it start? What exactly is AI?

Modeling Software 118

Modeling Software Optimization Software Optimal Sourcing Logistics Network Optimization Software 118

Logistics Viewpoints

MAY 3, 2021

OpenText was the largest vendor in this market the last time ARC did the study. An SCCN can also access pertinent third-party data feeds. An EDI VAN enables the secure exchanges of electronic business documents, such as purchase orders and invoices, with trading partners—via electronic data interchange format.

Supply Chain Software 115

Supply Chain Software Supply Chains Manufacturing Procurement Optimal Sourcing 115

Logistics Bureau

DECEMBER 28, 2024

As a general definition, a 3PL helps a company to get its offering, conceived in place A, into the hands of its customers in place B. The solution is to back up, figuratively speaking, to the general definition of the need and see how overall trends and developments in the world could make this need map onto other, different solutions.

3PL 74

3PL Trends Supply Chain Design Software Industry 74

Logistics Viewpoints

FEBRUARY 28, 2022

Let’s start with a definition: any device that can perceive its environment and takes actions that maximize its chance of success at some goal is engaged in some form of artificial intelligence (AI). It is also worth pointing out, that based on this definition, not all forms of machine learning are particularly complicated.

Supply Chain Planning Software 142

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 142

Talking Logistics

MAY 7, 2019

During our conversation, Chris shared some insights and advice from some TMS benchmarking studies he conducted recently. Spending, and the intent to spend, is definitely up,” says Chris. “In Transportation benchmark studies. For the past three years, Descartes has conducted TMS benchmarking studies. Why do these studies?

Transportation 78

Transportation Cost Reduction Study Logistics Network Optimization Software 78

Logistics Viewpoints

DECEMBER 1, 2022

In the study we conducted in 2022 called “ Ecommerce: Is Retailer Fulfillment and Delivery Performance Keeping Up with Sales Growth? ”, convenience was cited as the number one reason consumers bought online and had their goods delivered—and it is consumers’ intention to have more ecommerce purchases delivered to the home.

Cost Reduction 120

Cost Reduction Resource Reduction Supply Chain Planning Software Logistics Network Optimization Software 120

Logistics Viewpoints

MARCH 4, 2021

Supply chain planning involves interaction with different types of information based on internal and external data sources. These data sources are often spread across multiple platforms and come in various formats. Planners spend their precious time collecting and synthesizing the data to drive insights.

Supply Chain Planning Software 116

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 116

Logistics Viewpoints

APRIL 15, 2021

In my Logistics Viewpoints article in January 2021, “ The New Definition of Supply Chain Agility and Resilience in an Unpredictable World ”, I highlighted that modern supply chains must be built on a foundation of extreme agility and responsiveness. In fact, it may lead to increased variable costs. It should also be shared downstream.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Software Supply Chains Digital 116

3PL Links

JULY 7, 2023

The Role of Data Analytics in Supply Chain Management | Image source: Pixabay This article describes the transformation that data analysis and the supply chain are fostering and how it will impact business intelligence. Intelligence-driven businesses are interested in supply chain management and data analysis.

Supply Chain Software 48

Supply Chain Software Supply Chains Data Logistics Network Optimization Software 48

Logistics Viewpoints

FEBRUARY 23, 2023

While the concept isn’t new, its application to supply chain is emerging, albeit without clear definition yet. A McKinsey study found that 90% of supply chain leaders expected to transform their planning systems. However, this learning requires large volumes of data to “train” the models.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Digital 115

Logistics in War

MAY 23, 2020

A recent study sees the application of digital technology in this industry sector across this decade in three stages. Open source platforms will integrate readily with other similar platforms allowing machine-to-machine communications and real-time data exchange so they can self-learn and make decisions. electrification.

Logistics Network Optimization Software 108

Logistics Network Optimization Software Digital Supply Chain Design Software Supply Chain Software 108

Logistics Viewpoints

JANUARY 31, 2022

The 2030 roadmap is targeting a reduction in CO2 emissions of 33% for scopes 1 and 2, and of 16% for scope 3, versus 2017 ( definition for scopes 1, 2, and 3 ). and Data Science. The Coupa tool provides a much more efficient way to conduct cost saving/sustainability studies. The company typically does 25 to 50 studies per year.

Material Savings 111

Material Savings Cost Reduction Price Reduction Expense Reduction 111

Logistics Bureau

DECEMBER 22, 2024

Of course, the big challenge in this type of external benchmarking is obtaining the necessary data, since many companies are wary of sharing performance data with potential competitors. Instead, its merely a common-sense guide to those supply chain KPIs that can best provide actionable data for general management purposes.

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

Ship Monk

MAY 20, 2021

In fact, studies show that business plans boost future growth and performance by as much as 30%! If you really want to play it smart, market research is one step you definitely don’t want to skip out on. In addition to understanding your market, try to contextualize it as much as possible with historical trends and stone cold data.

How To 96

How To Price Reduction Course Analysis 96

Logistics Viewpoints

MAY 24, 2021

is a distributor of pharmaceuticals, a global manufacturer and distributor of medical and laboratory products, and a provider of performance and data solutions for healthcare facilities. Brian Rice, their chief information officer, stated in the annual report that “data is critical to everything we do as a company, and to our future growth.

Optimal Sourcing 78

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Supply Chain Software 78

Talking Logistics

DECEMBER 5, 2018

According to a McKinsey Global Institute study , the construction industry is among the least digitized, ranking 21 out of 22 industries (only Agriculture and hunting ranked lower). As reported in MarketWatch , “The global construction industry has a chronic productivity problem.

Conference 78

Conference Optimal Sourcing Optimization Software Supply Chain Software 78

SYSPRO Smarter ERP

OCTOBER 13, 2021

After a long project, your organization has finally gone live with an ERP system that allows the company to automate and integrate the majority of its business processes , share common data across all functions, and produce and access information in real-time. The truth is that going live is not the end. Getting full value from an ERP system.

ERP 105

ERP Operations Optimization Software Buyer Training 105

Dedola Global Logistics

MAY 14, 2020

Thoroughly studying the U.S. TrakIt is an invaluable tool for our clients, giving them 24/7 access to their latest shipment data. That’s why we go beyond the basic definition of freight forwarding, encompassing Logistics at every level of your supply chain. Dedola Global Logistics partners with U.S. Final Thoughts.

Supply Chain Design Software 90

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 90

GlobalTranz

MAY 20, 2015

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. The definition of this metric is similar to the way it sounds. We hope these posts keep you on top of your game and informed. . First, what is Supplier Quality Management (SQM)?

Procurement Analytics 99

Procurement Analytics Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 99

CH Robinson Logistics

JUNE 16, 2021

Computing power began as behemoths sitting in data centers and is now everywhere including our pockets, desks, vehicles, appliances, etc. million percent increase* in data over the past 25 years, technology is driving change in every facet of our business, at speed and at scale. exabytes of data was produced. Amplified by a 2.9

Supply Chain Planning Software 62

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software White Paper 62

Blue Grace Logistics

MARCH 26, 2019

According to a study conducted by IBM and National Retail Federation (NRF), the retail and consumer goods industry is designating intelligent automation, also known as artificial intelligence, as the future of supply chain. Definitely not. Refined Analytics: Logistics is a data-intensive function. What more is required?

Supply Chain Software 54

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 54

GlobalTranz

JANUARY 21, 2015

The manufacturer has access to the distributor’s inventory data and is responsible for generating purchase orders. Vendor Managed Inventory Model : The manufacturer receives electronic data ( usually via EDI or the Internet) that tells him the distributor’s sales and stock levels. Then we select the item to be studied.

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

Logistics in War

NOVEMBER 13, 2017

Strategic failures emerge when ‘thinkers’ are separated from ‘doers’, ‘strategists’ from ‘planners’ and ‘soft data’ from ‘hard data’. As cited by Nicholas Jans in the excellent study The Chiefs , ‘if they [strategic leaders] do not clearly understand the nature of the entity they are to lead, how can they possibly lead wisely?’ [1]

Negotiating Skills 77

Negotiating Skills Sourcing Strategies Resource Reduction Military 77

MTS Logistics

JULY 1, 2019

After the data is collected and analyzed, Uber Freight plans to release data on a quarterly basis to help maintain constant feedback between carriers, truckers, and facilities. This strategy works, not only for efficiency, but for all parties to find a platform to communicate openly and honestly.

Freight 60

Freight Maintainability Data Definition 60

Infosys Supply Chain Management

JULY 31, 2014

What do we need for a successful condition monitoring, heaps of operational data? Knowhow of slice and dice data analysis, possibly true but in my opinion these are not comprehensive enough. Here''s presenting the case study of how a seemingly workable condition monitoring exercise can possibly go wrong. What was it then?

Case Study 24

Case Study Study Exercises Construction 24

FLS Transport

NOVEMBER 12, 2020

It’s definitely an inflationary data point for shippers to keep their eye on. Interesting results from a recent Transfix study. The hottest stories in freight can be found here, in the Weekly Freight Report: 1. US-CAN border delays after CBSA tech malfunctions. Get the details here. Industry marks strong increase.

Freight 52

Freight Supply Chain Planning Software Study Trends 52

Logistics at MPEPS at UPV

MARCH 28, 2022

In a study by INFORM and Logistik today , experts from various logistics disciplines see the most important areas of application for ML in demand forecasting and sales planning, transport optimization (e.g., AI and ML offer the possibility to data streams in one model and thus discover facts and dependencies.

Optimization Modeling 40

Optimization Modeling Optimization Software Modeling Software Logistics 40

GoShip Blog

JULY 21, 2022

Studying the gaps in the market where some demands are left unsatisfied paves the way for creating a product that fills those gaps. Collate the data and analyze it: From the collated data, draw definite conclusions that are likely to be valuable to your business in the long term. Perform market research.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Analysis Study Digital 52

Talking Logistics

SEPTEMBER 7, 2017

When we initially went down this road, we did a full quantitative and qualitative analysis and the ability to upgrade on a more regular basis was definitely one of the benefits. Access to data was another consideration.

Optimization Software 73

Optimization Software Modeling Software Logistics Network Optimization Software Optimization Modeling 73

Talking Logistics

MAY 23, 2018

As a result, transportation teams are afforded significantly more time to focus on strategic sourcing and data-driven rate negotiation activities that are needed to effectively offset rising costs in hyper-competitive market conditions. There will definitely be more recessions as well as more periods of expansion.

Negotiating Skills 67

Negotiating Skills Supply Chain Software Modeling Software Optimization Software 67

Ship Monk

SEPTEMBER 29, 2022

If you manage your own fulfillment, you’ll need to study data and inventory formulas from previous seasons and hire more packers while running your promotions to keep up with competitors. Study Data Closely. We even have a post-purchase suite to help customers if anything goes wrong with a shipment they receive.

eCommerce 52

eCommerce Inventory Reduction Supply Chain Planning Software Supply Chain Software 52

Supply Chain Brain

JUNE 25, 2018

to a particular task must be preceded by a definition of the term. excels is in the management of data. Businesses are constantly struggling to toggle between these categories of data, unable to tell which kernels of information are relevant and which should be ignored. Perhaps A.I. Any discussion about the application of A.I.

Compliance 40

Compliance Supply Chain Software Data Availability 40

Conger

JULY 30, 2021

In this article, you’ll learn: The definition of omnichannel distribution. A simple omnichannel distribution definition is that it’s a way of giving consumers the freedom and ease to buy and receive orders from any sales channel they choose. But with the omnichannel approach, they only need to collect that data once, at one touchpoint.

Inventory Reduction 52

Inventory Reduction Distribution Vendor Strategies Waste Reduction 52

Forto

AUGUST 31, 2020

Nearly 70% of customers who shop online abandon the purchase before making a payment, according to a study by the Danish Baymard Institute. However, since two-stage authentication is now frequently required for data protection reasons when paying by credit card, many customers are switching to less complicated payment procedures.

Tips 52

Tips Purchasing Skills Procurement Solutions Definition 52

Logistics in War

MARCH 23, 2018

Strategic failures emerge when ‘thinkers’ are separated from ‘doers’, ‘strategists’ from ‘planners’ and ‘soft data’ from ‘hard data’. As cited by Nicholas Jans in the excellent study The Chiefs , ‘if they [strategic leaders] do not clearly understand the nature of the entity they are to lead, how can they possibly lead wisely?’ [1]

Negotiating Skills 57

Negotiating Skills Sourcing Strategies Resource Reduction Military 57

Logistics Bureau

JANUARY 7, 2020

The definition above is not from any textbook, but is one that I am sure you will agree, describes a state of affairs that any corporate leader or business owner would be happy to attain. . Mini Case Study: Walmart. Mini Case Study: Whirlpool. So if you want to be sure of business success, review your supply chain strategy.

Supply Chain Design Software 111

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