Logistics Bureau

DECEMBER 22, 2024

A KPI is a practical and objective measurement of progress, either: Towards a predetermined goal, or Against a required standard of performance It might help to think of a KPI as something like an instrument on a car dashboarda speedometer, for example. Why Are KPIs Important? Nonetheless, it is essential to have a hierarchy of KPIs.

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

Logistics Bureau

JANUARY 3, 2025

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.

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Design Distribution Networks 75

Logistics Bureau

JANUARY 2, 2025

Whether that is the case or not, a brief study of the origins and progression of fleet route optimisation, covering the last three decades or so and looking forward to the near future, highlights in a spectacular way how technology, in particular, has revolutionised the business of logistics. Let’s take a brief look at some of them.

Logistics Network Optimization Software 75

Logistics Network Optimization Software Optimization Software Optimal Sourcing Logistics 75

Logistics Viewpoints

FEBRUARY 28, 2022

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. Lead times, for example, are a critical form of master data for planning purposes.

Supply Chain Planning Software 140

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

Logistics Viewpoints

JULY 29, 2024

We write about trends in this study. I am the author of this year’s study. For example, if a worker is in an aisle making a pick, and they are next to a slot that has not been cycle counted for a while, the worker can count the number of items in that slot. There will increasingly be Tier 1 solutions with complex optimization.

Optimization Software 111

Optimization Software Supply Chain Planning Software Supply Chain Software Optimization 111

Logistics Bureau

JANUARY 16, 2025

Common examples of Supply Chain Disruptions So what are the main reasons that you need to consider supply chain resiliency in the first place? Because capital costs are higher, however, company leaders must study the finances and determine if such a move would improve your ability to serve customers while remaining competitive.

Supply Chain Planning Software 74

Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies Supply Chain Software 74

Logistics Viewpoints

APRIL 8, 2024

Mr. Daniels reports they have 870 employees, so based on a market study recently completed by ARC, this claim is credible. These predictions are based on applying different forms AI to OpenWeb searches, import/export records, data from sourcing platforms like ThomasNet, federal logistics records, and other data.

Supply Chain Software 116

Supply Chain Software Supply Chains Manufacturing Procurement Logistics Network Optimization Software 116

Logistics Viewpoints

OCTOBER 2, 2023

ARC Advisory Group did a study on the supply chain collaboration network (SCCN) a couple of years ago. In that study, FourKites 2021 revenues were estimated to be $65 million. FourKites believes they have the largest repository of supply chain data in the world. That is fast growth. What accounts for FourKites Growth?

Supply Chains 116

Supply Chains Inventory Reduction Cost Reduction Procurement Solutions 116

Logistics Viewpoints

SEPTEMBER 25, 2023

At last year’s CloudWorld, Oracle presented their vision for transforming the healthcare industry by applying AI to vast amounts of anonymized patient record data. For example, an air conditioning manufacturer might sell not just the air conditioner but a yearly service agreement. Uber has an ecosystem.

Supply Chain Software 111

Supply Chain Software Food and Agriculture Logistics Network Optimization Software Inventory Reduction 111

Logistics Viewpoints

MARCH 6, 2023

A transformation that is based on the idea that by putting in new applications the company will automate a process, or processes, and provide more and better data to make decisions, is a poor foundation for a true transformation. Mr. Sorenson has studied integrated business planning for many years. Dean Sorenson concurs.

Supply Chain Planning Software 123

Supply Chain Planning Software Supply Chain Transformation Scenario Planning Supply Chain Software 123

Logistics Bureau

DECEMBER 28, 2024

Cloud computing itself is a prime example. Essentially, a product is represented as a digital data file that details its shape and dimensions, however complex these may be. Advanced analytics platforms are helping 3PLs make data-driven decisions and provide valuable insights to their clients.

3PL 74

3PL Trends Supply Chain Design Software Industry 74

Logistics Bureau

JANUARY 18, 2025

A good example would be trying to buy food or other goods during a pandemic – that’s the Bullwhip Effect in action. You’re not just looking at historical data – you’re processing weather patterns, social media trends, and economic indicators in real-time. Everyone’s working from the same playbook.

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 75

Logistics Bureau

JANUARY 1, 2025

However, the classification parameter can be varied; for example, it is possible to use the velocity of turnover rather than annual demand value. ABC System: A cost management system that maintains operational and financial data relating to an organisations activities, resources, objects, drivers, and measures.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 76