This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Data is a big buzzword across industries, but how about when it comes to logistics? In this episode, Joe Lynch sits down with William Sandoval , the Senior Vice President of Product Management and Strategy at PowerFleet Inc. Beyond The Data with William Sandoval. Our topic is beyond the data with my friend William Sandoval.
Supply chain practitioners seeking the best way to speed decision intelligence, unify supply chain data, and increase operational efficiency can benefit from a supply chain data gateway. Here are 10 ways a supply chain data gateway can improve your performance across the end-to-end supply chain.
Many global multinationals accelerated their investments in digitizing data during the pandemic. According to Colin Masson, a director of research at ARC Advisory Group, the opportunity to mine these vast quantities of data to achieve business value is “NOW.” Mr. Masson leads ARC’s research on industrial AI and data fabrics.
Supply chain practitioners seeking the best way to speed decision intelligence, unify supply chain data, and increase operational efficiency can benefit from a supply chain data gateway. Here are 10 ways a supply chain data gateway can improve your performance across the end-to-end supply chain.
Among these new tools and technologies, many logistics firms are turning to shipment tracking solutions that address labor constraints by providing real-time location and condition data that allow LSPs, drivers, and receivers to do their jobs more efficiently. Why streamlining data simplifies the logistics role.
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?
A single, centralized source of truth for your organizations data is no longer a luxuryits a necessity for businesses seeking to scale efficiently, enhance profitability, and make informed, data-driven decisions. This leads to: Inconsistent reporting: Different branches track data differently, making comparisons difficult.
Why Modern Data Warehouses Are No Longer Optional A centralized data warehouse is becoming an essential solution for businesses looking to scale efficiently and optimize operations. It’s no longer just a “nice to have,” but a critical repository for processing vast amounts of business data.
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?
Speaker: Brian Dooley, Director SC Navigator, AIMMS, and Paul van Nierop, Supply Chain Planning Specialist, AIMMS
You may have recently had M&A activity, about to roll out a new product line or need to cut costs. This on-demand webinar shares research findings from Supply Chain Insights, including the top 5 obstacles that bog you down when trying to improve your network design efforts: Poor data quality. It's easier than you think.
For these companies, maintaining profitability while protecting their margins hinges on operational efficiency and the strategic use of data. Data is critical to managing every dimension of the business. Lets explore how AI and BI empower these industries, using specific examples to illustrate their transformative potential.
Schneider Electric provides energy management and industrial and building automation products and services. Energy management solutions are products that energy utilities use to produce power and data centers use to consume power. But since COVID,” Mr. Botham explained, “there’s been a big drive to increase resilience.
Product Line Growth From an industry perspective, automotive was the fastest-growing vertical; it was up 56% year-over-year. The acquisition of One Network in May has been particularly impactful for the TMS product line. Returns, Mr. Tollefson pointed out, is an example of an application that must have the network at its core.
For instance, fixed slotting strategies assign products to specific locations based on historical data rather than dynamic needs, and hardcoded rules assign specific tasks to workers based on static roles or zones, rather than dynamically allocating tasks based on workload or real-time conditions.
The profession has not yet managed to integrate product development into core decisions in a meaningful way. One thing that makes Musk distinctive is his hands-on approach to product design. At both Tesla and SpaceX, Musk put the design engineers in charge of production. You can’t hand it off to someone else.
This collaboration allows for better optimization of the supply chain, ensuring the right products are available at the right time. Molex is a global electronics manufacturer that makes and sells over 100,000 distinct products – connectors, cable assemblies, and a wide variety of other products.
For example, an ERP for automotive distributors needs to include not just a standard sales function but also allow for automotive-specific processes like call-offs and contract pricing, as well as other processes like returns and lot traceability. An ERP provides a central repository for all a distributor’s data.
This starts with the initial discussion about what kind of products are available and how the product will be configured. An iGPU (integrated graphic processing unit) is a current example. The sales team can go have those conversations, with real-time lead times and even the factory the product will ship from, with customers.
One promising application that is emerging in the Supply Chain and Sustainability space is Digital Product Passports (DPPs). Driven by regulations and a thirst for data transparency. Blockchain can serve as the backbone for tracking and managing product information throughout its entire lifecycle.
The food and beverage industry is a dynamic, ever-evolving sector in which manufacturers are continuously seeking ways to optimize production and reduce costs in the face of shifting consumer demand and preferences. Optimizing production is essential to addressing these challenges.
5000 developers are working on product enhancements and extensions to the SAP spend management suite. With that level of investment, one would expect an aggressive product buildout. At SAP Spend Connect Live, held October 14-16 in Las Vegas, SAP did make several significant product announcements.
The combination of SAP agent technologies and Databricks data fabric solution, sets the stage for end-to-end enterprise orchestration. Databricks offers a Data Intelligence Platform. Databricks type of solution is increasingly being called a data fabric or a data platform built on data fabric principles.
Unlike indirect spending (think printer ink or coffee machines), disruptions here dont just dent your budget; they stall production lines and compromise your ability to recognize revenue Manage direct materials right, though, and the payoffs huge. For example, U.S.-based
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.
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.
Suppliers are now crucial strategic partners that support product innovation, efficient supply chains, and overall competitiveness. 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.
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.
What Celanese has accomplished is the single best example ARC is aware of employing agentic AI and copilots at scale. Further, multiple plants may be capable of making the same product, and figuring out which plant should produce the product based on the current supply and demand situation is not straightforward. They must be.
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.
The real benefit of implementing an ERP system lies in integrating core business functions such as finance, inventory management, production and sales into a single, unifying platform that provides a business-wide view using centralized data. An ERP system can import and make use of other data such as that from IoT devices.
Let’s look at my 7 truths of customer service that every business should consider; Most companies don’t truly know their customers’ service needs, though they think they do This often stems from insufficient customer interaction, lack of surveys, and limited performance measurement Even after working with thousands of businesses over (..)
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.
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.
Solution: Use data-driven forecasting to predict demand as accurately as possible. JIT inventory management minimizes holding costs by scheduling orders as close as possible to production or sales needs. Example: Retail giant Zara uses real-time data from its stores to adjust inventory dynamically.
We’re looking at a complete transformation of how your business moves products from point A to point B. What are some examples of Supply Chain Automation? Predictive Analytics and Demand Forecasting – Modern supply chain systems analyse historical data, market trends and even weather patterns to predict future demand.
And how does technology change the way products are shipped? These can be critical problems for companies looking to increase productivity and reduce expenses in logistics operations. This way, you always know exactly what is available, avoiding problems such as selling products that are out of stock.
It’s not enough to just categorise by product groups; you’ve got to dig deeper into line item analysis. And the foundation that holds all of this together is your master data. Even if you invest in sophisticated inventory management systems, if your master data isn’t accurate, you’ll fail.
For example, switching from air to ocean freight for non-time sensitive shipments can reduce carbon emissions by up to 95% per unit shipped. Product Design and Packaging If you’re serious about addressing supply chain sustainability, product design and packaging can also play their part in reduce supply chain emissions.
While much attention is given to Vertex’s pioneering work in Continuous Manufacturing (CM) and Process Analytical Technology (PAT), which reduces production cycles from weeks to hours, the supply chain impact is equally impressive. The digitization of supply chain operations has become a competitive advantage for Vertex.
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.
Companies that previously prioritized cost-cutting and centralized sourcing quickly found themselves exposed to serious production and distribution risks. In response, many organizations have shifted toward decentralized and regionalized supply chain models, distributing production and sourcing across multiple regions.
Quality and Detail of Data and its Analysis In some of our earlier posts, weve stressed the importance of simplicity in distribution network design , and we will return to that topic later in this article. It would be folly not to take advantage of data availability and accessibility.
Products come back in dribs and drabs, not in nearly packaged batches. Looking to real-life examples for inspiration, we can ask, ‘Who does reverse logistics well?’ Reverse logistics, while not being the opposite of forward logistics, is still about products moving backwards in the supply chain. Tempting, but wrong.
Let me explain the typical integration: ERP serves as your foundation – it handles all your basic business transactions and maintains your master data. On top of this, APS uses the data from your ERP to create optimized plans. Think of it managing things like purchase orders, invoices, and inventory records.
We organize all of the trending information in your field so you don't have to. Join 84,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content