Logistics Business Magazine

NOVEMBER 12, 2021

million tonnes of food are wasted in the UK supply chain every year. Food waste is not only an issue for your bank balance, but the environment too. When we throw food away, we’re wasting the water, energy, and space that’s been used to grow, produce, and transport it. Monitor your food waste.

Waste Reduction 58

Waste Reduction Waste Supply Chain Software Supply Chain Planning Software 58

Compactor Management Company

MARCH 15, 2023

Any electronic appliance past its functional stage that must be discarded is known as e-waste. Every year more than 50 million tons of e-waste, comprising different batteries and electronic equipment, are discarded into our environment. One of the potential answers to the safe disposal of e-waste lies in recycling.

Waste Reduction 52

Waste Reduction Waste Manufacturing Procurement Resource Reduction 52

Compactor Management Company

JULY 19, 2023

Are you thinking about or currently implementing the 3R principle of waste management: reduce, reuse, recycle , there’s news for you. The new, simple, yet effective waste management mantra is the 5R principle: “refuse, reduce, reuse, repurpose, and recycle”. So, let’s take a look at each of the 5R of waste management.

Waste Reduction 40

Waste Reduction Material Savings Resource Reduction Expense Reduction 40

3PL Links

NOVEMBER 12, 2024

Solution: Use data-driven forecasting to predict demand as accurately as possible. By leveraging predictive analytics and a just-in-time (JIT) inventory model, you can maintain optimal stock levels, which reduces storage costs and cuts down on waste from unsold items.

Cost Reduction 62

Cost Reduction Material Savings Supply Chain Software Supply Chain Planning Software 62

Logistics Viewpoints

APRIL 4, 2024

In this blog, I will discuss the use of AI/ML demand planning for fresh products to help maximize sales and reduce waste. Looking back on that week of straight rain in August, not only were my tips affected, but the data for future forecasts was as well! Wouldn’t it be cool to know within minutes?

Scenario Planning 156

Scenario Planning Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 156

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 165

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

Material Handling and Logistics

MAY 2, 2018

billion metric tons—gets lost or wasted. Much of the food waste produced around the world can be traced back to inconsistencies in the supply chain: inventories aren’t recorded, suppliers aren’t informed, and quality isn’t taken into account. Every year, one third of the food produced in the world for human consumption—or 1.3

Waste Reduction 137

Waste Reduction Waste Procurement Analytics Food and Agriculture 137

FreightWaves SONAR

MARCH 3, 2021

Let me share an example. Small but meaningful at scale: Sometimes orders are canceled, and if you pick a method and print the label up stream, you are wasting money on canceled orders. The importance of data. But a key insight for us in the ecommerce supply chain domain was the importance of data.

Supply Chain Software 90

Supply Chain Software Supply Chains Data Optimization Software 90

MTS Logistics

OCTOBER 29, 2024

By analyzing real-time data from various sources, companies can make proactive decisions that improve collaboration among stakeholders, boost operational resilience, and increase customer satisfaction. Data privacy concerns are paramount, as AI systems rely on vast amounts of sensitive information.

Optimal Sourcing 79

Optimal Sourcing Supply Chain Planning Software Logistics Network Optimization Software Optimization Software 79

IoT World Today

OCTOBER 15, 2020

Indeed, some organizations spent several years laying the foundations for data-driven strategy and remote operations even prior to COVID-19. Data-Driven Strategies Become Core Value Proposition. This core principle of creating value through logistics data has ricocheted throughout FedEx’s IT restructuring and its future plans.

Waste Reduction 122

Waste Reduction Cost Reduction Strategy Supply Chain Design Software 122

FreightWaves SONAR

APRIL 23, 2021

Gaining insight into FreightWaves SONAR emissions data presents multiple benefits for businesses. Understanding emissions data allows optimal planning and strategies for shipment execution, which in turn provides solutions to wasted cargo space and provides the most efficient transportation mode for the job.

Waste Reduction 52

Waste Reduction Cost Reduction Negotiating Skills Sourcing Strategies 52

FreightWaves SONAR

MARCH 22, 2021

Big data and predictive freight rates in the digital supply chain are nothing new. Nearly all shippers, brokers and carriers collect and use data to derive insights, including predictive rates. Unfortunately, the most robust applications of that data will quickly diminish in value as data ages. Download the White Paper.

Data 98

Data Negotiating Skills Freight Resource Reduction 98

SYSPRO Smarter ERP

JULY 19, 2022

Businesses are continuously trying to find ways to maximize productivity and reduce waste to remain competitive in the global marketplace. Lean manufacturing is a production process that is based on maximizing productivity while simultaneously minimizing waste within the manufacturing operation. What is lean manufacturing?

Manufacturing Procurement 105

Manufacturing Procurement ERP Waste Reduction Material Savings 105

Trinity Logistics

AUGUST 4, 2020

Chemical manufacturers collect and use a lot of data in their supply chain. They deal with data on their products, customers, transportation, storage, operations and more. Acquiring that data is not hard but managing and utilizing that information to be able to analyze your business is the challenge. Managed Services.

Supply Chain Planning Software 64

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chains 64

Logistics Viewpoints

SEPTEMBER 13, 2023

As a result, supply chains continue to be wasteful when looking at time, inefficiencies, and emissions. Connected Teams Mr. Elenjickal said that we are living in a time of silos, which creates a lot of waste across teams and the entire supply chain.

Supply Chain Planning Software 169

Supply Chain Planning Software Waste Reduction Optimal Sourcing Supply Chain Software 169

Logistics Business Magazine

SEPTEMBER 1, 2021

As automated guided vehicles ( AGVs ) navigate through warehouses or production halls, they become real data collectors. Data that is, however, immediately deleted again. “This is a huge waste,” says Bengt Abel, project manager at Hamburg-based intralogistics provider STILL.

Material Savings 55

Material Savings Data Optimization Software Logistics Network Optimization Software 55

TransAudit

DECEMBER 13, 2023

This creates significant waste. By embracing a circular supply chain, industry leaders can help: Eliminate waste and pollution Circulate products and materials at their highest value Regenerate nature As organizations continue to optimize supply chains , this process can provide significant benefits.

Supply Chain Design Software 87

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chains 87

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 148

Supply Chain Planning Software Optimal Sourcing Scenario Planning Manufacturing Procurement 148

Logistics Viewpoints

OCTOBER 9, 2024

Environmental Protection Agency focuses on lifecycle analysis and waste management. DPPs allow companies to centralize compliance data, ensuring that it meets requirements across regions. Advanced data management platforms, which automate tracking of regulatory updates, are becoming increasingly important.

Compliance 128

Compliance Digital Sourcing Strategies Waste Reduction 128

SYSPRO Smarter ERP

MAY 22, 2023

Re-use waste – recover waste for reuse and recycling into other products. Inventory Management Excess stock is one waste companies can avoid, but if some stock has an expiry date, it is important to make sure the items are used in time.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 98

Trinity Logistics

SEPTEMBER 22, 2023

Recently, there’s been an increased demand for temperature-sensitive drugs (think covid vaccines and biologics), rising demand for better food quality, a surging need to reduce food waste, and growing demand for generic drugs. However, food waste is a major contributor to greenhouse gas emissions globally, contributing to cold chain issues.

Trends 65

Trends Waste Reduction Industry Supply Chain Planning Software 65

Logistics Business Magazine

MARCH 21, 2024

The enhanced digital Monitoring Box Premium service analyses and displays accurate data from SICK’s FTMg multifunctional flow sensors that measure the compressed air usage of machines and processes. Compressed air consumption data is visualised in easy-to-use graphic displays, while alarms can be set up to alert when new leaks occur.

Cost Reduction 56

Cost Reduction Expense Reduction Resource Reduction Waste Reduction 56

SYSPRO Smarter ERP

AUGUST 21, 2024

Implementing ERP to ensure established methodologies and practices are followed can significantly improve productivity and efficiencies, while reducing waste, manufacturing errors and unplanned downtime This directly influences costs and manufacturers will benefit from the cost reduction as a result.

Manufacturing Procurement 52

Manufacturing Procurement ERP Cost Reduction Procurement Solutions 52

FreightWaves SONAR

DECEMBER 29, 2020

However, the application of such data does not necessarily translate into meaningful improvements within day-to-day operations. Yes, analytics add value, but that value often gets overshadowed by the sheer volume of freight data insights available. And it’s in this space where big data analytics can add the most value.

Data 52

Data Negotiating Skills Transportation Supply Chain Software 52

SYSPRO Smarter ERP

MARCH 23, 2022

In a manufacturing business, measuring ESG standards comes down to tracking internal and external Environmental, Social, and Corporate Governance standards: Environmental practices look at the resources a manufacturer uses, the waste it produces, and the resulting consequences of those activities on the planet.

Manufacturing Procurement 105

Manufacturing Procurement ERP Supply Chain Software Waste Reduction 105

3PL Links

OCTOBER 29, 2024

Imagine an e-commerce company running a Black Friday sale and running out of a top-selling item due to outdated stock data. Real-World Example: Take the example of Zara , a global leader in fashion retail. Case Study: Consider Walmart , which relies heavily on data-driven warehouse management to maintain its competitive edge.

Inventory Reduction 62

Inventory Reduction Optimal Sourcing Inventory Cost Reduction 62

Logistics Business Magazine

FEBRUARY 6, 2024

billion, according to NRF data, while in the UK that figure stood at £2.2 One risk is around wasted inventory — flowers, cosmetics, food — because these are sensitive to humidity and temperature. Exposure to the wrong environment could cause wasted inventory, lost revenue and negative consumer experiences.

Supply Chain Planning Software 49

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 49

SYSPRO Smarter ERP

DECEMBER 4, 2023

Traditional manufacturing favored long production runs of the same product because retooling machines to produce different products could cost time and resources, and waste capacity. Flexible manufacturing reduces waste because what is produced is what is ordered. Shared data is critical.

Manufacturing Procurement 105

Manufacturing Procurement ERP Material Savings Waste Reduction 105

FourKites

DECEMBER 23, 2020

Real-time supply chain visibility can significantly reduce wasted time across your operations. Armed with insight into trucks’ actual arrival times, you can ensure that your staff at the loading dock, in the warehouse or on the retail floor is being utilized for value-add tasks, rather than wasting time waiting for a delivery.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Reduction Waste Reduction 52

GlobalTranz

MAY 1, 2018

Data-driven analytics enables you to make cost-effective transportation decisions. However for most shippers, parcel spend is poorly understood because shipping data is often locked up in point solution silos, such as carrier-provided systems and websites, in a variety of different formats. But no longer.

Procurement Analytics 61

Procurement Analytics Optimal Sourcing Data Sourcing Strategies 61

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

Logistics Business Magazine

SEPTEMBER 13, 2024

Our collaboration with Nulogy integrates critical supplier data into Maestro, allowing customers to improve simulations, digitize planning, and connect with their supplier networks more effectively,” said Bill Walker, Senior Director of Partner Solutions Extensions at Kinaxis.

Supply Chain Design Software 61

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 61

SYSPRO Smarter ERP

NOVEMBER 13, 2023

This results in inefficient decision-making processes due to siloed data which limits the ability to respond to changing conditions quickly and accurately. An ERP system with embedded BI enables manufacturers to have better analytical capabilities and to be data-driven. What do BI and ERP do?

ERP 64

ERP Manufacturing Procurement Inventory Reduction Optimal Sourcing 64

SYSPRO Smarter ERP

JANUARY 16, 2023

The enhanced efficiency ERP offers also ensures you maintain optimal product and material levels at all times, resulting in reduced waste and fewer capital costs. Data-driven decision making. By centralizing all the data present within your business, an ERP system gives executives the ability to make decisions based on reliable data.

Supply Chain Software 105

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Supply Chains 105

EazyStock

AUGUST 29, 2023

Relying on spreadsheets and outdated systems often leads to errors, overordering, and excessive transportation, resulting in increased waste and higher carbon emissions. Instead of relying on historical sales data, it considers various factors, such as market trends and real-time data.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 52

FreightWaves SONAR

DECEMBER 3, 2020

Shippers also need a way to look beyond the enterprise’s four walls to understand waste. Wasted warehouse space leads to higher overhead. For example, just-in-time fulfillment models, drop-shipping, and cross-docking avoid wasted space. Collaboration means parties must share data in real-time. Request a SONAR Demo.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Software Modeling Software Logistics Network Optimization Software 76

Shipchain

MARCH 13, 2019

Logistics Applications of Blockchain Maintain Data for All Parties. Logistics applications of blockchain all derive from maintaining an incorruptible data resource. For example, initiating a recall is streamlined through blockchain by showing all movements of affected shipments. Trucks in the U.S.

Supply Chain Planning Software 119

Supply Chain Planning Software Waste Reduction Logistics Network Optimization Software Freight 119