Logistics Bureau

JULY 18, 2022

As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy.

Inventory Reduction 116

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 116

IoT World Today

MAY 21, 2020

Increasing supply chain data visibility is a priority for logistics organizations looking to improve resilience. Supply chain recovery hinges on incorporating robust data analytics and other data-driven tools into business operations to increase efficiency, reduce costs and proactively manage risk.

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 145

Logistics Viewpoints

NOVEMBER 8, 2022

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., Traditional sourcing practices tend to be highly manual and are fraught with latencies and inefficiencies. Digitalizing sourcing (i.e.,

Optimal Sourcing 142

Optimal Sourcing Sourcing Strategies Material Savings Supply Chain Software 142

Logistics Viewpoints

JUNE 29, 2021

In a prior post , I wrote about the various ways data is transforming global supply chains. Data is the raw fuel of digital transformation and the linchpin to accelerating industry collaboration, automation, predictive insights and so many more cutting-edge capabilities (including those yet to be invented). So, what is quality data?

Data 158

Data Supply Chain Design Software Supply Chain Planning Software Digital 158

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 171

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 171

Logistics Viewpoints

DECEMBER 2, 2021

Importers will look for near-term strategies to move their shipments away from congested trade lanes or process containers further inland to minimize the impact of lead time variability that has dramatically increased in 2021. Online buying will fuel home delivery growth, challenges and new strategies.

Waste Reduction 202

Waste Reduction Cost Reduction Inventory Reduction Resource Reduction 202

Logistics Viewpoints

OCTOBER 17, 2024

Suppliers are now crucial strategic partners that support product innovation, efficient supply chains, and overall competitiveness. Treating suppliers as essential partners in the field of direct spend management—almost like customers—can be a key component of a successful company strategy.

Supply Chain Planning Software 148

Supply Chain Planning Software Manufacturing Procurement Supply Chain Design Software Optimal Sourcing 148

EazyStock

DECEMBER 13, 2020

In a perfect world, supply chain managers would be able to foresee every possible risk and threat to their supply chain and have a strategy prepared to successfully address any challenges when the moment came. For example, did you take out a loan through the Paycheck Protection Program ? Prepare for Upcoming Supply Chain Risks.

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Supply Chain Planning Software Cost Reduction 98

Logistics Viewpoints

APRIL 22, 2021

alternate sourcing strategies), while others are potentially negative (e.g. As supply chains continue to evolve to drive more efficiency, we will see changes in three main areas: Physical infrastructure – Electrification and low emissions transportation and IOT supported by high volume ubiquitous connectivity via 5G.

Supply Chain Planning Software 203

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 203

Logistics Viewpoints

AUGUST 15, 2024

The digital twin, for example, can be subjected to numerous stress tests that mimic real-world conditions and observe how different variables interact and impact the entire network. Supply chain policies and configurations are tested and leverage reinforcement learning to yield the best possible strategies.

Scenario Planning 160

Scenario Planning Supply Chain Planning Software Sourcing Strategies Optimal Sourcing 160

SYSPRO Smarter ERP

SEPTEMBER 27, 2021

Data is a crucial component of digital transformation in the manufacturing sector. However, data in itself is not a value driver. Many manufacturers aren’t maximizing the value from enriching data and missing out on opportunities to grow, optimize or manage risk. Share data for partnership and growth.

Manufacturing Procurement 105

Manufacturing Procurement Data Modeling Software Optimization Software 105

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

WorkWave

JANUARY 18, 2021

Instead of focusing on customers and outside sources, you may need to start looking inward at processes to streamline production. The data provided by analytics can help you find trends that lead to more informed decisions and improved operations. The growth stage of a business can differ greatly from starting a small business.

Sourcing Strategies 98

Sourcing Strategies Inventory Reduction Tips Supply Chain Software 98

Logistics Viewpoints

MARCH 27, 2024

Robots offer many benefits for supply chain operations, such as increased efficiency, productivity, accuracy, safety, and flexibility. 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.

Optimization Software 151

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

Logistics Viewpoints

JUNE 15, 2021

These new tools will free time for managers and engineers, making them more productive and their DCs more efficient and effective. Proactively re-slot products to improve efficiency. For example, the traditional approach to workforce planning is to use an engineered labor standards system.

Optimal Sourcing 152

Optimal Sourcing Supply Chain Planning Software Modeling Software Optimization Software 152

Logistics Viewpoints

OCTOBER 3, 2022

The result is that instead of being so singularly focused on labor efficiencies, companies need to consider morale. In warehouses, for example, one solution is labor management. For example, the auto industry embraced risk management after the nuclear disaster at Fukushima. In short, workers have more choices.

Supply Chain Software 191

Supply Chain Software Supply Chains Sourcing Strategies Optimal Sourcing 191

GlobalTranz

APRIL 20, 2021

A resilient supply chain incorporates alternative sources, carriers, routes, and other characteristics so that it can flex in response to a situation. Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic. Utilize a TMS That provides real-time data to remain agile.

Supply Chain Planning Software 115

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

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. As the regulatory environment continues to shift, companies that adopt DPP strategies will be better prepared for the future.

Compliance 133

Compliance Digital Sourcing Strategies Waste Reduction 133

FreightWaves SONAR

JANUARY 21, 2021

Are you using your trucking assets as efficiently as possible? As a few examples, these are four critical KPIs to focus on: Owner-operator to driver ratio – A lower ratio here means more opportunities for in-house drivers who bring more affordable rates. . Have you taken any steps to increase capacity utilization?

Data 98

Data Sourcing Strategies Tips Optimal Sourcing 98

Logistics Viewpoints

FEBRUARY 11, 2021

Over the years, cost and efficiency ruled the supply chain agenda. At the same time, the Chief Purchasing Officer (CPO) has taken on a pivotal role by securing Personal Protective Equipment (PPE) to protect the workforce and direct materials when primary sources fail.

Manufacturing Procurement 146

Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies Procurement Solutions 146

Logistics Viewpoints

JANUARY 13, 2022

As organizations look for reducing dependencies on concentrated sources of supply, Eastern Europe, Mexico, and South Asian countries will start providing viable alternatives to the current manufacturing powerhouse countries. American Supply Chain Resilience Act and the German Supply Chain Act are just two examples of this.

Supply Chain Design Software 165

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 165

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 182

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 182

The Logistics of Logistics

FEBRUARY 11, 2022

You are Making Significant Logistics Strategy Changes : When you realize that your current WMS cannot support new processes effectively or at all. You are Facing New Omnichannel Fulfillment Requirements : The boom of ecommerce and direct to consumer demands require new strategies and cutting-edge WMS capabilities.

Modeling Software 221

Modeling Software Logistics Network Optimization Software Cost Reduction Vendor Strategies 221

SYSPRO Smarter ERP

APRIL 18, 2022

Longstanding weaknesses in the supply chain like port infrastructure, outdated supply chain strategies and impacts of natural disaster and wars have all further affected global supply chains. With reliable data from ERP manufacturers and distributors can use data analytics to respond to challenges.

Manufacturing Procurement 124

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software ERP 124

Logistics Viewpoints

SEPTEMBER 4, 2024

Driven by regulations and a thirst for data transparency. The potential to provide reliable, tamper-resistant data across supply chains is driving interest from various sectors, including pharmaceuticals, electronics, and food production.

Supply Chain Design Software 161

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Modeling Software 161

SYSPRO Smarter ERP

OCTOBER 4, 2021

This allows for more than just catering to online customers and managing operations remotely, but an opportunity for organizations to run smarter, improve operations and efficiency which will make an impact to the bottom-line. Use ERP to improve operations and efficiency. ERP to drive business strategy and insights.

Manufacturing Procurement 119

Manufacturing Procurement ERP Distribution Supply Chain Software 119

AIMMS

JULY 13, 2020

Other reviews (prepared for decision-making versus attending for receiving information) are shared by the owners of each strategy element/pillar. For instance, COOs own the supply strategy, marketing the portfolio strategy, and so forth. How can you account for new products that don’t exist in master data?

Scenario Planning 160

Scenario Planning Supply Chain Planning Software Resource Reduction Sourcing Strategies 160

Logistics Viewpoints

MAY 26, 2022

The pursuit of ever higher efficiency and speed have dominated transformation initiatives for more than forty years, driven in large part by the assumption that raw materials, commodities, warehouse space, transportation capacity and labor will be plentiful and immediately available at stable and often declining cost.

Supply Chain Software 178

Supply Chain Software Optimal Sourcing Supply Chain Design Software Logistics Network Optimization Software 178

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. For example, are you still a minority owned company?

Manufacturing Procurement 153

Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 153

Logistics Viewpoints

SEPTEMBER 13, 2023

Companies are sourcing materials from all over the world, and need to identify those regions which are most important, and which provide the greatest risk for disruptions. As part of its connected geo strategy, FourKites has expanded its operations to Japan, as it sees the country as an important link in the global supply chain.

Supply Chain Planning Software 173

Supply Chain Planning Software Waste Reduction Optimal Sourcing Supply Chain Software 173

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

Logistics Viewpoints

MAY 13, 2024

This technology allows businesses to unify their procurement, expense management, invoicing, payments, sourcing, contract management, and spend analysis processes and reporting. The public cloud gives Coupa visibility to $6 trillion in transactional data that passes through their platform. “15 The best data makes for the best AI.

Procurement Solutions 151

Procurement Solutions Modeling Software Procurement Analytics Logistics Network Optimization Software 151

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. 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 166

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 166

SYSPRO Smarter ERP

NOVEMBER 18, 2024

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.

ERP 98

ERP Optimal Sourcing Purchasing Skills Inventory Reduction 98

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

Logistics Viewpoints

OCTOBER 10, 2022

Implementing the solution involved cleaning up master data and mapping their complete global supply chain. Risk management solutions scrape data from hundreds of thousands of online & social-media sites, but Autoliv also has access to sources of information that they pay for. The implementation was not trivial.

Supply Chain Planning Software 155

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 155

SYSPRO Smarter ERP

NOVEMBER 8, 2021

According to McKinsey , the value of goods traded globally has tripled to more than US$10 trillion since 2000, and because of recent events, they are having to re-evaluate supply chain strategies. Unfortunately, the state of disruption to the current landscape has never been contemplated and very few strategies exist to navigate it.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 116