Logistics Viewpoints

FEBRUARY 20, 2024

Supply chain network design (SCND) is a powerful tool for improving business operations. Optimization and simulation are the two main branches of SCND. Optimization accounts for over 90% of all work that is being done by SCND teams. Every forecast typically begins with internal company historical shipment data.

Supply Chain Design Software 150

Supply Chain Design Software Sourcing Strategies Supply Chain Design Inventory Reduction 150

Logistics Viewpoints

NOVEMBER 4, 2024

Optimization is used in supply planning, factory scheduling, supply chain design , and transportation planning. In a broad sense, optimization refers to creating plans that help companies achieve service levels and other goals at the lowest cost. Without accurate data, companies face the garbage in, garbage out problem.

Supply Chain Planning Software 165

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 165

EazyStock

APRIL 28, 2022

What does supply chain optimization mean? Put simply, supply chain optimization means using technology to get inventory to the right place at the right time – at the lowest cost and highest profit for your business. Supply chain optimization best practice. Increase technology to improve forecast accuracy.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Optimization Software 52

EazyStock

APRIL 28, 2022

What does supply chain optimization mean? Put simply, supply chain optimization means using technology to get inventory to the right place at the right time – at the lowest cost and highest profit for your business. Supply chain optimization best practice. Increase technology to improve forecast accuracy.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Optimization Software 52

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

Ship Monk

JUNE 14, 2023

An ecommerce store owner is expected to master everything from sourcing materials to manufacturing and procurement, to fulfillment and shipping orders to customers. The inbound supply chain encompasses all the steps that go into manufacturing and/or procuring the goods and readying them for sale.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

ShipLilly

JUNE 23, 2021

As a consequence, NVOCCs, logistics service providers, warehouse operators, and freight forwarders can improve their operations in terms of service quality, efficiency, and pace. Cloud computing and big data offer opportunities for many businesses across the globe. Function 2: Optimizing manufacturing processes.

Optimal Sourcing 87

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 87

Logistics Viewpoints

JANUARY 23, 2024

This year, a recurring theme that I saw was about using supply chain data to improve the customer experience across the entire value chain. Here are the ones that stood out to me, especially as it relates to supply chain data. The single data cloud runs on Snowflake, one of Blue Yonder’s partners.

Supply Chain Planning Software 139

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 139

AIMMS

JANUARY 24, 2019

Today, the steel manufacturing leader has an ambitious digital transformation agenda and is leveraging AIMMS technology to optimize operations in its home country. Your team is currently using AIMMS for a supply chain optimization project. With the output from AIMMS models, we can improve our decision- making process.

Optimal Sourcing 116

Optimal Sourcing Supply Chain Software Optimization Software Supply Chain Planning Software 116

Logistics Viewpoints

APRIL 1, 2021

In a previous post , I made a case for how the Chief Supply Chain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. Accordingly Supply Chain and Procurement will need continuous collaboration. Here are some examples of such use cases.

Optimal Sourcing 124

Optimal Sourcing Manufacturing Procurement Procurement Analytics Supply Chain Planning Software 124

MTS Logistics

OCTOBER 29, 2024

Predictive analytics, fueled by vast datasets including historical sales, market trends, and weather patterns, enables businesses to optimize inventory levels with precision, reducing overstock or shortages and ensuring customer satisfaction through accurate demand forecasting. AI’s role in sustainability is particularly noteworthy.

Optimal Sourcing 78

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

Logistics Viewpoints

DECEMBER 14, 2023

And even before they begin, they must realize these problems are too big for any single team—supply chain must connect with finance and procurement to treat the n-tier suppliers as an extended part of their network and become their preferred customer. By identifying these gaps, you can create sourcing events to close them.

Supply Chain Design Software 153

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Optimal Sourcing 153

Logistics Viewpoints

JUNE 26, 2024

GIS is a powerful tool that enables the analysis and visualization of spatial data, allowing for the integration of geographical elements into transportation planning and management. The benefits of using GIS in transportation are improved efficiency, safety, and sustainability.

Sourcing Strategies 151

Sourcing Strategies Optimization Software Optimal Sourcing Logistics Network Optimization Software 151

3PL Links

NOVEMBER 12, 2024

Image source: Pexels | 7 Cost-Saving Tips Every Supply Chain Manager Should Know Managing costs effectively is crucial for success in the competitive supply chain world. Optimize Inventory Management Inventory often represents one of the largest expenses in a supply chain. Cost Saving Tips for Every Supply Chain Manager 1.

Cost Reduction 62

Cost Reduction Material Savings Supply Chain Software Supply Chain Planning Software 62

Logistics Viewpoints

JANUARY 11, 2021

Jeff Tramel, the Vice President of Global Procurement, at NTT DATA Services. SAP recently announced that NTT DATA Services, a global digital business and IT services company, had achieved $125 million in value based on a digital transformation of their procurement function. And more importantly, how did NTT DATA do it?

SAP 113

SAP Optimal Sourcing Negotiate Pricing Negotiating Skills 113

Logistics Viewpoints

MARCH 27, 2024

Examples of Supply Chain Robots at MODEX 2024 Several exhibitors at MODEX 2024 showcased their innovative solutions for supply chain robotics, demonstrating the diversity and potential of this field. Here are some of the examples that caught our attention.

Optimization Software 142

Optimization Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Software 142

The Logistics of Logistics

FEBRUARY 11, 2022

How to Improve Exception Management with End-to-End Supply Chain Visibility. Original article: How to Improve Exception Management with End-to-End Supply Chain Visibility. As an added bonus, we offer five sure-fire ways an end-to-end visibility solution can help improve exception management in any supply chain. Lost revenue.

Optimal Sourcing 195

Optimal Sourcing Supply Chain Design Software Supply Chain Software Supply Chain Design 195

Logistics Viewpoints

NOVEMBER 8, 2022

So, how can organizations tackle the inflationary environment by finding significant cost savings opportunities while improving resiliency? The key to this lies with sourcing. Before diving further, let us define what sourcing is. Sourcing is the practice of finding and selecting suppliers for a range of services (e.g.,

Optimal Sourcing 134

Optimal Sourcing Sourcing Strategies Material Savings Supply Chain Software 134

Freightos

NOVEMBER 6, 2024

One of the key themes that emerged was the growing importance of data standards and integrations. But the volume of available digitalized data, and the number of tools, solutions and platforms that supply chain stakeholders are using (juggling?) The rate of tech adoption in logistics continues to grow. are growing too.

Sourcing Strategies 62

Sourcing Strategies Logistics Network Optimization Software Optimization Software Digital 62

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 144

Supply Chain Planning Software Optimal Sourcing Scenario Planning Manufacturing Procurement 144

Stord

FEBRUARY 4, 2019

At the Port of Los Angeles, for example, a sudden rush of shipments overloaded the local warehouse market. With the threat of more trade tensions on the horizon in 2019, shippers should optimize their supply chains now to minimize disruption. This example highlights the dangers of international trade tensions.

Optimal Sourcing 78

Optimal Sourcing Inventory Reduction Optimization Modeling Cost Reduction 78

AIMMS

JANUARY 24, 2019

Today, the steel manufacturing leader has an ambitious digital transformation agenda and is leveraging AIMMS technology to optimize operations in its home country. Your team is currently using AIMMS for a supply chain optimization project. With the output from AIMMS models, we can improve our decision- making process.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Software Optimization Software Supply Chain Planning Software 62

Logistics Viewpoints

FEBRUARY 28, 2022

Machine Learning, a Form of Artifical Intelligence, Has Feedback Loops that Improve Forecasting. Further, while artificial intelligence helps solve certain types of problems, Jay Muelhoefer – the chief marketing officer at Kinaxis pointed out – optimization and heuristics work better for other types of planning problems.

Supply Chain Planning Software 176

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 176

Logistics Viewpoints

SEPTEMBER 4, 2023

Procuring transportation for freight is much different than any other procurement category. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. One master of freight procurement is Kyle Masters. Procurement ran a request for proposal event.

Procurement Solutions 133

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 133

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 139

SAP Procurement Solutions Manufacturing Procurement Procurement Analytics 139

CLX Logistics

NOVEMBER 13, 2023

The podcast, titled “Navigating the Future: Data-Driven Supply Chain,” served as a platform for CLX Logistics to underscore the pivotal role of data in shaping the future of supply chain operations.

Supply Chain Software 65

Supply Chain Software Resource Reduction Cost Reduction Optimal Sourcing 65

Logistics Viewpoints

JANUARY 11, 2021

Jeff Tramel, the Vice President of Global Procurement, at NTT DATA Services. SAP recently announced that NTT DATA Services, a global digital business and IT services company, had achieved $125 million in value based on a digital transformation of their procurement function. And more importantly, how did NTT DATA do it?

SAP 84

SAP Optimal Sourcing Negotiate Pricing Negotiating Skills 84

Logistics Viewpoints

OCTOBER 17, 2024

We remind why suppliers are critical for supply chain success and what CEOs and business leaders can do to improve supplier relationships. When companies collaborate closely with suppliers, they can co-develop new products and improve existing processes, leading to competitive advantages in terms of product differentiation.

Supply Chain Planning Software 140

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

Material Handling and Logistics

OCTOBER 30, 2018

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. However, it is fundamental to empowering procurement success in the modern age.

Optimal Sourcing 166

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 166

Material Handling and Logistics

DECEMBER 14, 2018

Learn how to organize your data operations in alignment with supply chain strategy. Forward-thinking supply chain professionals are looking to advanced technologies to streamline processes, improve accuracy, accelerate delivery and reduce costs. More data is coming in than ever before.

Supply Chain Software 166

Supply Chain Software Optimal Sourcing Supply Chains Sourcing Strategies 166

Talking Logistics

AUGUST 13, 2018

We do strategic carrier sourcing and contract negotiation, but it isn’t always time to renegotiate your contracts. Data-driven Optimization. Big data drives everything,” Michael says. Another example is next-day guaranteed delivery times. So, what can you do outside that cycle?”. The Impact of Omnichannel.

Negotiating Skills 62

Negotiating Skills Optimal Sourcing Optimization Software Cost Reduction 62

3PL Links

DECEMBER 3, 2024

Image source: Pexels | How can Lean Logistics Transform your Company? The Lean method was created by the Japanese company Toyota with the aim of optimizing manufacturing flows and eliminating everything that generates errors, delays, and bottlenecks. All professionals remain focused on the same objective.

Waste Reduction 62

Waste Reduction Inventory Reduction Optimal Sourcing Resource Reduction 62

Logistics Business Magazine

AUGUST 2, 2024

AI can respond to changing conditions, automate tasks, make data-backed decisions, and predict the future, allowing teams to be proactive rather than reactive. By leveraging vast amounts of data, machine learning algorithms can detect patterns and make predictions with far greater accuracy than humans can alone.

Optimal Sourcing 67

Optimal Sourcing Optimization Software Supply Chain Design Software Supply Chain Planning Software 67

SYSPRO Smarter ERP

JULY 12, 2022

As supply chain disruptions continue the procurement function should adapt to improve transparency, build collaborative relationships, and ensure sustainable sourcing practices, resulting in a stronger, more resilient supply chain with Cloud ERP for manufacturing. Strategic sourcing with Cloud ERP.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 105

SYSPRO Smarter ERP

APRIL 26, 2023

It unifies people and business processes to improve daily operations. An ERP system brings financial, manufacturing, and business data into one central place so staff and management can have a complete view of how different business areas are working in real-time. No manual data entry is needed; this means no duplication of work.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing ERP Supply Chain Design Software 98

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization.

Manufacturing Procurement 144

Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 144

Talking Logistics

SEPTEMBER 11, 2017

It is also my go-to example when I try to explain supply chain and logistics to my kids. “Do Take one of the questions above, for example: Can a single truck deliver multiple types of food products together or do they get delivered via separate trucks? Do you ever wonder how all of these foods and products got here,” I ask them.

Optimal Sourcing 63

Optimal Sourcing Optimization Modeling Optimization Software Optimization 63