Logistics Viewpoints

APRIL 4, 2024

Data Normalization & Removing Bias Data normalization in the context of forecasting is the process of going from actualized sales, which may be biased by various factors such as weather or inventory availability, to an understanding of baseline demand that is stripped of the impacts of these demand drivers.

Scenario Planning 160

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

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 151

Optimization Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Software 151

Material Handling and Logistics

AUGUST 31, 2018

The solutions to supply chain problems boil down to the right combination of three factors—technology, data and processes. Fundamentally, the solutions to supply chain woes boil down to the right combination of three factors—technology, data and processes. Data is a critical business asset. Trouble finding skilled labor”.

Supply Chain Design Software 145

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 145

Logistics Viewpoints

MARCH 9, 2023

This is because most classical planning solutions lack the modeling capability and computing power to accommodate different data sources, large SKU count, and detailed constraints and contingencies to build an immediately executable plan. each with discrete plans generated typically in sequential batch runs.

Supply Chain Planning Software 140

Supply Chain Planning Software Supply Chain Software Scenario Planning Optimization Software 140

Logistics Viewpoints

JUNE 7, 2021

When companies implement a demand management or replenishment system, the goal is usually to improve customer satisfaction while holding less inventory. The implementation also involves leveraging weather data to improve forecasting. For example, a warehouse might have a big propane tank they use with forklifts that run on propane.

Optimal Sourcing 112

Optimal Sourcing Transportation Inventory Reduction Supply Chain Planning Software 112

EazyStock

NOVEMBER 17, 2020

Many organizations have an enterprise resource planning (ERP) system to collect, store, manage and interpret data from a host of different businesses processes. This can include statistical demand forecasting , advanced inventory planning and automated replenishment activities. What is ERP inventory management?

ERP 98

ERP Inventory Reduction Inventory Optimization Software 98

Logistics Viewpoints

APRIL 22, 2024

It analyzes new and historical order data, customer preferences, and transactions. GP describes Causal AI as a mixture of Knowledge AI and Data AI. Data AI empowers the system to analyze vast amounts of data, identify patterns, and generate probabilistic outcomes in near real-time. It’s a different way of working.”

Optimal Sourcing 158

Optimal Sourcing Supply Chain Planning Software Modeling Software Optimization Software 158

Conger

MAY 24, 2023

Want to learn about automatic replenishment? Keep reading to find out: What automatic replenishment is How it works Who can benefit from it Its advantages and disadvantages The different types Best practices for choosing a system and vendor And lots more! Table of Contents What Is Automatic Replenishment? Let’s dive in!

Replenishment 40

Replenishment Supply Chain Planning Software Supply Chain Design Software Optimization Software 40

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. Highlighting this use case, a storage and organization retailer, with stores throughout the U.S.

Optimization Software 149

Optimization Software Inventory Reduction Production Vendor Strategies 149

SYSPRO Smarter ERP

APRIL 18, 2022

With reliable data from ERP manufacturers and distributors can use data analytics to respond to challenges. Manufacturers and distributors need to make sure the right goods and materials are in the right place at the right time, budgeted for appropriately, and replenished as needed.

Manufacturing Procurement 124

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software ERP 124

FreightWaves SONAR

DECEMBER 15, 2020

And while leveraging a freight rate index or ocean import data to lower detention risk , the sheer size of the supply chain makes management difficult at best. As an example, it may be necessary to leverage drop shipping to give a manufacturer the opportunity to fill the order and manage its transportation process.

Scenario Planning 105

Scenario Planning Freight Supply Chain Planning Software Supply Chain Software 105

EazyStock

JUNE 24, 2020

It also offers improved efficiencies and powerful data insights, providing a wealth of functionality to help during these difficult times. The era of using spreadsheets to run reports and analyze data is over. For example, highlighting unusual dips in demand or longer than expected lead times. Adding Qualitative Insights.

Procurement Solutions 98

Procurement Solutions Inventory Reduction Inventory Supply Chain Planning Software 98

Logistics Viewpoints

AUGUST 29, 2024

The ability to make data-driven decisions in real-time is invaluable for maintaining a high level of operational efficiency. Traditional slotting solutions require customized models, extensive engineering, measurement, and data collection. This leads us to the idea of Dynamic Slotting , an essential strategy for space optimization.

Waste Reduction 154

Waste Reduction Optimal Sourcing Sourcing Strategies Resource Reduction 154

Logistics Business Magazine

NOVEMBER 23, 2023

Real-time data, including inventory, enables structural visibility in logistics, which leads to better resource allocation, reduced downtime and improved customer service. Dexory’s robot (pictured) automated inventory management, providing instant, continuous data. She describes the machine as an ‘autonomous data capture unit’.

Data 50

Data Optimal Sourcing Inventory Reduction Modeling Software 50

Logistics Bureau

OCTOBER 10, 2022

For example, you can optimise for cost, profit, or service, but not for all of them. For example, inaccurate forecasts typically lead to: Overstocking — a problem that ties up working capital and can lead to inventory obsolescence. Ignoring the presence of forecast biases which skew replenishment patterns. 3: Supplier Lead Time.

Inventory Reduction 124

Inventory Reduction Inventory Optimization Modeling Optimization Software 124

Logistics Viewpoints

OCTOBER 21, 2021

Pop up warehouses, micro fulfillment centers, and warehousing-on-demand are all examples of how the nodes are becoming increasingly dynamic. Design can help test such ideas before implementing changes to the master data. This is leading these organizations to move from Design being an episodic activity to a continuous process.

Supply Chain Design Software 129

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 129

FreightWaves SONAR

SEPTEMBER 29, 2023

The COVID-19 crisis unveiled major issues within global supply chains and, as we have seen with SONAR freight data, volatility in the market. For those that make the right applications of freight data, the massive problems created by the pandemic could have been more easily mitigated.

Data 52

Data Inventory Reduction Supply Chain Planning Software Vendor Strategies 52

Logistics Viewpoints

MAY 31, 2023

A number of unification examples and their benefits were provided. For live unloads, Active Yard Management can leverage real-time inbound shipment visibility data from the TMS mobile app and from shipment visibility providers such as FourKites to match doors to projected inbound shipments.

Conference 145

Conference Supply Chain Planning Software Inventory Reduction Inbound 145

FreightWaves SONAR

DECEMBER 11, 2020

An intimate relationship exists between truckload providers and ocean import market data. Fortunately, it’s easier than ever for truckload providers to lower detention and demurrage risk with these uses of ocean import data. Improve replenishment planning with access to ocean import data. That one is the simplest of all.

Data 59

Data Supply Chain Planning Software Supply Chain Software Optimization Software 59

Logistics Viewpoints

JANUARY 26, 2024

Emergency vehicles, for example, would be exempt, and the California Highway Patrol could authorize the system’s disabling in certain other cases. The device prevents vehicles from surpassing a certain speed, by harnessing GPS and on-board camera data to determine limits on a specific roadway.

Logistics Network Optimization Software 162

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Inventory Reduction 162

EazyStock

OCTOBER 20, 2020

This keeps the data clean and easier to use for forecasting going forward. Look out for such trends in your historical demand data and adjust your forecasts accordingly. Qualitative factors: Add any qualitative forecasting factors into your data, such as sales promotions, competitor activity or external market events.

Inventory Reduction 98

Inventory Reduction Optimization Software Inventory Optimization Modeling 98

Logistics Viewpoints

MAY 25, 2022

Brian provided some specific omni-channel examples with easy to envision benefits. The Manhattan Active WM roadmap includes the next evolution of order streaming, applying those dynamic direct-to-consumer principles to retail replenishment and B-to-B fulfillment environments.

Conference 120

Conference Supply Chain Planning Software Optimization Software Scenario Planning 120

Logistics Bureau

DECEMBER 19, 2022

Slotting a warehouse product is the same, for example, as placing your umbrella close to your front door at home, so it’s easy to pick it up and run when it’s raining, and you’re late for work. Slotting Increases Replenishment Efficiency. Productivity improvements in picking, replenishment, and put-away.

Production 106

Production Inventory Reduction Cost Reduction Resource Reduction 106

SYSPRO Smarter ERP

DECEMBER 19, 2022

They have become applicable because the large amount of data they require is now created and stored by businesses, thanks to advances in computer technology. It uses historical data and applies statistical techniques to allocate resources in the most effective way to satisfy competing requirements. Inventory optimization.

Inventory Reduction 105

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 105

FreightWaves SONAR

MARCH 2, 2021

Companies are rapidly adopting and using real-time data to clearly understand challenges to better mitigate unexpected problems when they arise. In fact, logisticians should consider these top five use cases of increased visibility and data within logistics and how they improve throughput. Download the White Paper.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Data 52

Logistics Bureau

OCTOBER 20, 2021

You see, the set of primary data needed to keep an airliner aloft is (apparently) relatively simple—and the same is true of running a supply chain organisation. These key metrics become your organisation’s “multi-function display” and give you the primary data needed to monitor and manage “normal flight conditions.”

Supply Chain Design Software 110

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 110

Logistics Viewpoints

JULY 22, 2021

As product flows rapidly shifted and hard baked assumptions about lead times and sourcing locations were put to test, users across many organizations bypassed their planning systems and turned to excel sheets, internal data science teams or non-traditional supply chain vendors who could deliver AI based solutions at a faster turn.

Supply Chain Planning Software 162

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Scenario Planning 162

GlobalTranz

NOVEMBER 4, 2016

For example, a warehouse management system (WMS) is crucial to a modern distribution center management. This is just a crude example, but logistical questions like these will determine things like your pick path and the way items move through your warehouse. You can also manually gather data if required.

Distribution 101

Distribution Modeling Software Tips Supply Chain Software 101

SYSPRO Smarter ERP

DECEMBER 19, 2022

They have become applicable because the large amount of data they require is now created and stored by businesses, thanks to advances in computer technology. It uses historical data and applies statistical techniques to allocate resources in the most effective way to satisfy competing requirements. Inventory optimization.

Inventory Reduction 98

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 98

GlobalTranz

MARCH 22, 2016

Replenishment. These periods of measurement allow for a comprehensive overview of the picking performance and also help planning other processes such as goods in and replenishments to in order to run peak times for picking without running into out of stock situations at pick locations. Replenishment. Safety/OSHA. Goods Received.

Supply Chain Design Software 81

Supply Chain Design Software Replenishment Supply Chain Planning Software Supply Chain Software 81

CH Robinson Logistics

DECEMBER 15, 2021

However, with this year’s volatility, I was also given a front-row seat to a new level of hyper collaboration – including individuals going out of their way to help each other, more strategy sessions between shippers and forwarders, and continually leaning into historical data and current market insights to find smarter solutions.

Sourcing Strategies 90

Sourcing Strategies Global logistics Cost Reduction Inventory Reduction 90

SYSPRO Smarter ERP

APRIL 26, 2023

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. Data from the system can then be used to track how corrective actions are making improvements.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing ERP Supply Chain Design Software 98

SYSPRO Smarter ERP

FEBRUARY 22, 2024

For example, by stacking containers higher you can make use of vertical space, and mobile shelving units can be useful for seasonal products. Quick Win #3: Speed up barcode scanning Barcode scanners are a crucial component of automating data collection, saving time and reducing errors in your warehouse.

Manufacturing Procurement 116

Manufacturing Procurement Inventory Reduction Expense Reduction Waste Reduction 116

Logistics Bureau

SEPTEMBER 28, 2020

The key difference between the two can perhaps be explained in the following example: A 3PL provider working with a paint manufacturer may package and store products as well as transport them to retailers and/or customers. The best example of a 4PL model is Amazon.com. 4) Industry. Amazon: A Hard 4PL Act to Follow.

4PL 118

4PL Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software 118

SYSPRO Smarter ERP

MAY 10, 2022

Demand forecasting : Data on sales history should be available to produce forecasts. For example, production jobs for different sales orders can be combined to take advantage of commonly used parts and assemblies. By using business analytics tools in the forecasting process, the quality of forecasts can be assessed and trends analyzed.

Manufacturing Procurement 111

Manufacturing Procurement ERP Procurement Solutions Optimal Sourcing 111

Logistics Viewpoints

MAY 11, 2023

For example, they can test the effect of increasing or decreasing safety stock levels or changing the replenishment frequency of certain products. This data can be used to identify potential issues before they become problems, optimize maintenance schedules, and improve the lifespan of equipment.

Optimization Software 165

Optimization Software Supply Chain Design Software Modeling Software Digital 165

Logistics Bureau

JULY 18, 2022

For example, you don’t want to assume that a single logistics strategy and service approach will meet all your customers’ needs. Once you have gathered the data relating to your customers’ needs, you should be able to see if a single logistics strategy will work for your entire customer base, or whether you need to take a segmented approach.

Inventory Reduction 116

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 116