The Logistics of Logistics

MAY 12, 2021

Costco example: they sell different brands and market their brand Kirkland, which now accounts for approximately 25% of their revenue. For retailers, this is an avenue where they can build more intimacy with their customers and capture more data and loyalty. Ecommerce companies have data, retailers don’t. So, what is Costco?

Supply Chain Software 368

Supply Chain Software Logistics Network Optimization Software Procurement Solutions eCommerce 368

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 138

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 138

Logistics Viewpoints

DECEMBER 7, 2022

This is where big data technologies come into play. Big data for real-time optimizations in transport logistics. Logistics and transport service providers create enormous data records as they manage the flow of goods. These data include information such as types of goods, location, weight, size, origin, and destination.

Data 164

Data Logistics Network Optimization Software Optimization Software Supply Chain Software 164

Logistics Viewpoints

NOVEMBER 26, 2024

Our daily lives are inundated with data. Supply chain teams face a similar dilemma – companies are overloaded with vast amounts of data, and the ability to sift through the noise and focus on relevant insights has become a critical capability. Is there an impact on service levels or product line? Who needs to act, and when?

Resource Reduction 134

Resource Reduction Supply Chain Planning Software Inventory Reduction Sourcing Strategies 134

Logistics Viewpoints

OCTOBER 9, 2024

As businesses face tighter regulations on product safety, sustainability, and ethical sourcing, Digital Product Passports (DPPs) are becoming crucial for navigating these challenges. DPPs provide a streamlined, digital way to document a product’s lifecycle, making it easier to ensure compliance and improve transparency.

Compliance 124

Compliance Digital Sourcing Strategies Waste Reduction 124

Logistics Viewpoints

JANUARY 16, 2023

Matt Elenjickal, the Founder and Chief Executive Officer of FourKites, has pointed out that “data is the raw fuel of a digital transformation.” But it must be quality data! When enterprise implementations take longer than expected, almost all do, the amount of time needed to clean up the data is often the leading factor.

Data 129

Data Digital Supply Chain Planning Software Supply Chain Software 129

Ship Monk

JANUARY 26, 2024

While you may not be in the business of selling combustible materials, like lithium for example, all sorts of toys, electronics, and household items contain lithium-ion batteries, from cordless toothbrushes to vaping devices. Extra care must be taken when storing, handling, packing, and shipping these and other hazmat products.

eCommerce 103

eCommerce Production Packaging 3PL 103

Ship Monk

JANUARY 31, 2024

For example, our advanced 3PL platform looks after every aspect of your supply chain in an efficient, effective way and our Virtual Carrier Network safeguards your shipping by always applying the best rates and speeds while not handcuffing you to any carrier. Of course we’re talking about your ecommerce store’s data security.

eCommerce 105

eCommerce Security Supply Chain Planning Software Supply Chain Design Software 105

Logistics Viewpoints

MAY 8, 2023

Meanwhile, inventory optimization and production scheduling are more of a black box. Customers that implement inventory optimization or production scheduling and then turn it off, Mr. Botha argued, often have a lower level of supply chain maturity. They may have a sense that a plant can produce 20,000 units of a product in a week.

Supply Chain Planning Software 128

Supply Chain Planning Software Scenario Planning Optimal Sourcing Production 128

Logistics Viewpoints

NOVEMBER 15, 2022

For example, a distributor challenged to improve productivity, reduce the costs for picking low unit of measure (LUM) items, and increase picking accuracy added voice-directed, AI-driven optimization software to supplement their RF-based process. Some AI-based process optimization solutions can begin showing real results in 30 days.

Optimization Software 143

Optimization Software Inventory Reduction Production Vendor Strategies 143

Logistics Viewpoints

JULY 29, 2021

Machine learning is a process by which learning algorithms are applied to large sets of data to create predictive models. First, DCs are a controlled environment for collecting and aggregating historical and real-time data – and data is a key to effective AI. AI-Based Warehouse Optimization Examples.

Supply Chain Planning Software 187

Supply Chain Planning Software Optimization Software Supply Chain Design Software Modeling Software 187

Logistics Viewpoints

AUGUST 1, 2024

By embracing collaboration, real-time data, and a focus on sustainability, companies can build resilience, improve margins, and gain a competitive edge. Top Challenges Faced by Companies: Customer Preferences: Example: An online fashion retailer faces the challenge of constantly changing customer preferences.

Supply Chain Design Software 160

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Scenario Planning 160

Logistics Viewpoints

JANUARY 21, 2021

Large swings in supply and demand for different product categories and changes in distribution patterns left logistics managers grappling with the biggest challenge of their careers. For example, improved transportation lead time predictions enables more informed decisions on which carrier, route and service level to use for any given order.

Inventory Reduction 211

Inventory Reduction Supply Chain Planning Software Cost Reduction Logistics Network Optimization Software 211

Logistics Viewpoints

FEBRUARY 28, 2022

Alex Pradhan, Product Strategy Leader John Galt Solutions, told me that “all planning vendors have bold marketing around AI.” Planning applications don’t work well if the master data they rely on is not accurate; this is known as the “garbage in, garbage out” problem. Artificial intelligence is beginning to be used to update the data.

Supply Chain Planning Software 175

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 175

Logistics Viewpoints

JULY 17, 2024

Erwin highlighted the importance of real-time data accuracy and visibility. People, technology, and data are very important for their journey. The importance of employee ownership in driving cultural transformation and their acceptance of data-driven decision making within the organization was also emphasized.

Digital 154

Digital Procurement Analytics Manufacturing Procurement Modeling Software 154

Logistics Viewpoints

APRIL 4, 2024

There are various use cases of AI/ML for fresh demand planning of products, from producers to large grocery chains and even small delis in suburban Pennsylvania. In this blog, I will discuss the use of AI/ML demand planning for fresh products to help maximize sales and reduce waste.

Scenario Planning 151

Scenario Planning Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 151

SYSPRO Smarter ERP

SEPTEMBER 17, 2024

Discrete manufacturing ERP software provides an integrated solution with the tools to help discrete manufacturers plan, execute and control production. Discrete manufacturing is a mode of production of distinct individual products. These products are often made from components or larger assemblies.

Manufacturing Procurement 94

Manufacturing Procurement Optimization Software ERP Supply Chain Planning Software 94

Logistics Viewpoints

JANUARY 18, 2024

1) Streamlined Data Flow and Process Automation Is all about AI At the heart of effective supply chain automation lies the seamless flow of data across various sources and digital platforms, akin to a well-constructed highway for data. 2) AI-Infused Data Quality Assurance Ok, we built the proverbial highway.

Supply Chain Software 162

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 162

Logistics Viewpoints

FEBRUARY 8, 2021

Personalization is the act of tailoring a product or service based upon what customers desire. Manufacturing automation – including 3D printing (also called additive manufacturing) – is making it easier to create many, many more product variants. Some customers or products are more important and more profitable.

Supply Chain Planning Software 183

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 183

Logistics Viewpoints

JUNE 10, 2024

I might tell Alexa, for example, “Play the station Smooth Jazz!” The manager would not be required to drill down through web page after web page and look at dense tabular data to get the answer. The Business AI also understands the SAP canonical data. For example, lead times are often set and then ignored.

SAP 163

SAP Supply Chain Planning Software Supply Chain Software Optimization Software 163

Logistics Viewpoints

NOVEMBER 4, 2024

We have moved from product-level forecasts at a regional level to stock-keeping unit forecasts made at the store level. More recently, demand planning applications based on machine learning have improved forecasting by incorporating competitor pricing data, store traffic, and weather data.

Supply Chain Planning Software 164

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 164

Logistics Viewpoints

AUGUST 16, 2021

ARC’s definition is that a supply chain collaboration network is a “collaborative solution for supply chain processes built on a public cloud – many-to-many architecture – which supports a community of trading partners and third-party data feeds. Industry and government data can be used to increase forecast accuracy.

Supply Chain Planning Software 164

Supply Chain Planning Software Supply Chain Software Supply Chains Digital 164

Logistics Viewpoints

MARCH 4, 2021

It includes all of its elements: customers, sales channels, products, warehouses, logistics network, and the interactions between them. 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 164

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 164

Logistics Viewpoints

JANUARY 25, 2024

Instead start with the foundation of your AI strategy, which should be an understanding of your company’s supply chain and your data. Workers from picking and packing to planning and procurement are in short supply, stimulating interest in increasing productivity of the existing workforce. What about generative AI?

Supply Chain Planning Software 152

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 152

Logistics Viewpoints

JULY 19, 2021

A pound of apples costs about the same as a pound of steel, yet steel is a complex product produced using high-tech metallurgical and manufacturing processes. Dr. Svend Lassen, Head of Reporting & Data Analytics for Commercial and Supply Chain at Tata Steel Europe. Tata Steel Europe Plant in Wales. The steel industry is not easy.

Supply Chain Planning Software 165

Supply Chain Planning Software Scenario Planning Negotiating Skills Logistics Network Optimization Software 165

Logistics Viewpoints

APRIL 19, 2023

Second, what is autonomous planning in supply chain, and what are some practical examples? These decisions are made in a synchronized manner, using real-time or near real-time data, AI/ML and optimization technology, while having the humans setting the goals and managing the parameters. Below are some key points from our discussion.

Supply Chain Planning Software 144

Supply Chain Planning Software Optimal Sourcing Scenario Planning Manufacturing Procurement 144

Logistics Bureau

OCTOBER 10, 2024

Product slotting is one of the few cost saving ideas that you can implement in your current facility whilst making no changes to infrastructure (although there may be further benefits to do that). Product slotting is a warehouse term that involves placing products in optimal locations within a warehouse to enhance operational efficiency.

Production 74

Production Inventory Reduction Cost Reduction Expense Reduction 74

Logistics Viewpoints

AUGUST 15, 2022

Alex Zhong, Director Product Marketing at GEP. The survey’s results suggest a series of misalignments where gaps in process, technology and information flow can be a drag on productivity and optimization. Both ERP based procurement and spend management solutions have supplier master data.

Manufacturing Procurement 144

Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 144

Logistics Viewpoints

MARCH 27, 2024

It showcases the latest products, technologies, and services from over 900 exhibitors across various sectors and industries. Robots offer many benefits for supply chain operations, such as increased efficiency, productivity, accuracy, safety, and flexibility. Here are some of the examples that caught our attention.

Optimization Software 141

Optimization Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Software 141

Logistics Viewpoints

AUGUST 23, 2021

In some industries, suppliers account for over 80 percent of the value of the products that are produced. Companies “seeking to increase data sharing and collaboration across their supply networks have faced three principal hurdles.” The LevaData solution, for example, speeds up sourcing significantly.

Collaboration 170

Collaboration Supply Chain Planning Software Optimal Sourcing Modeling Software 170

Logistics Bureau

NOVEMBER 26, 2024

Productivity is a deceptively simple concept. For a supply chain, as for other functions, productivity is the ratio of what you get out to what you put in. It is at this point that differences between productivity and cost control appear. Cost reduction and productivity overlap, but they do not coincide.

Supply Chain Planning Software 67

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 67

Logistics Viewpoints

DECEMBER 14, 2023

Organizations must take the following steps to bring departments together to create truly resilient and sustainable supply chains: Leverage external data to sense market shifts Look to external causal factors and forecasting models to identify market shifts. <br>- Use external data for forward-looking decisions.

Supply Chain Design Software 152

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Optimal Sourcing 152

Logistics Viewpoints

JANUARY 31, 2024

Patrick Arnold, a research analyst at ARC Advisory Group, says that suppliers of industrial solutions are responding by investing in new product design and incorporating 5G into their portfolios. “5G” 5G” is the 5th generation mobile network. It is based on a new global wireless standard.

Supply Chain Design Software 172

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 172

Logistics Viewpoints

MAY 13, 2024

The public cloud gives Coupa visibility to $6 trillion in transactional data that passes through their platform. “15 15 years ago, Coupa got customers to agree they could leverage their data for the benefit of the community,” Ms. Supply chain collaboration data will then be mined over time to provide commodity-level alerts.

Procurement Solutions 142

Procurement Solutions Modeling Software Procurement Analytics Logistics Network Optimization Software 142

Logistics Viewpoints

MARCH 27, 2023

Demand forecasting is the process of making future estimations of how much of a given product will sell by location and time period. Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. This sounds obvious. Sadly it is not.

Supply Chain Planning Software 122

Supply Chain Planning Software Scenario Planning Optimal Sourcing Supply Chain Software 122

Logistics Viewpoints

APRIL 22, 2024

Georgia-Pacific and its subsidiaries manufacture and distribute a wide range of consumer products, including bath tissue, paper towels, napkins, tableware, paper-based packaging, cellulose, specialty fibers, and building products. Orders come in, and customers expect their product to be delivered when they want it.

Optimal Sourcing 148

Optimal Sourcing Supply Chain Planning Software Modeling Software Optimization Software 148