SYSPRO Smarter ERP

AUGUST 16, 2019

Mitigating risk is a data-driven exercise, which is the kind of exercise I enjoy, especially when my efforts are augmented (along with my eyestrain), by increasingly intelligent AI machines empowered with cognitive technologies. The key, of course, is data, the […].

Exercises 68

Exercises Course Data Distribution 68

Logistics Bureau

NOVEMBER 26, 2024

Any warehouse design exercise that doesn’t include a rigorous approach to designing the processes and equipment layout for Order Picking, is suspect. Accuracy is enhanced by pick-face design, slotting, systems such as Radio Frequency Data Terminals, Pick to Light and Pick to Voice.

Picking 74

Picking Ordering Inventory Reduction Waste Reduction 74

LandLink

DECEMBER 9, 2021

Things are a little quieter this time of year and there is plenty of recent data to review. Typically, this is a no cost exercise provided by your 3PL so there is every reason to have the review done. If for no other reason than knowing your operational and freight payment protocols are working.

Supply Chain Planning Software 86

Supply Chain Planning Software Scenario Planning Supply Chain Software Supply Chains 86

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. They underwent a thorough Network Optimization exercise to identify the roadmap of transitioning to a hybrid offshore/nearshore model. Nari Viswanathan is Sr.

Supply Chain Design Software 123

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Scenario Planning 123

Logistics Viewpoints

JANUARY 13, 2022

However, the rapid shifts that companies are going through given the aforementioned trends, progressive companies are laying a robust data foundation and enabling a digital twin of the physical supply chain so they can conduct Design exercises on demand with increasing frequency. He received his Ph.D.

Supply Chain Design Software 121

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 121

SYSPRO Smarter ERP

JUNE 29, 2022

Therefore collecting and using data about the operations of these machines has seemed difficult, requiring expensive upgrades. These offer a method for gathering data from a single process. These new and cheap technologies can provide the critical real-time manufacturing data that assists with monitoring and scheduling.

Manufacturing Procurement 111

Manufacturing Procurement Optimal Sourcing Optimization Software Purchasing Skills 111

Logistics Viewpoints

MAY 23, 2024

Ensuring seamless data flow between these systems for various scenarios can be difficult, compounded by the need to maintain data integrity across different systems and scenarios, requiring continuous data validation, cleansing, and synchronization.

Scenario Planning 121

Scenario Planning Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 121

Logistics Bureau

JANUARY 16, 2025

Once this exercise is completed, your company can then assess the risk from tier-two suppliers onwards. Smart software procurement choices, in areas such as business intelligence, risk assessment, and data management, will allow you to make predictive models for supply and demand in times of local, national, or global uncertainty.

Supply Chain Planning Software 74

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

FreightWaves SONAR

JUNE 5, 2023

Lack of data, lack of conviction and lack of organizational agility all conspire to keep companies from recognizing medium-term opportunities and challenges and responding decisively. It’s hard to find good data that provides a view into the next few months of consumer behavior and economic activity.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Data Freight 52

SYSPRO Smarter ERP

OCTOBER 27, 2021

In 2018 a Forbes magazine published an article entitled “Every company is a data company” in which the authors urged all companies to use data as a core asset. That is now becoming a reality as businesses come to realize that data is the most significant asset they possess. Growth of IIoT. Quality control.

Manufacturing Procurement 111

Manufacturing Procurement Sourcing Strategies Supply Chain Planning Software Optimal Sourcing 111

Logistics Viewpoints

OCTOBER 21, 2021

For example, if a retailer stands up a number of micro fulfillment centers to support a spike in eComm demand, this translates into changes to the flows and possibly modes of transportation, and accordingly master data changes. Design can help test such ideas before implementing changes to the master data. He received his Ph.D.

Supply Chain Design Software 103

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 103

Logistics Viewpoints

AUGUST 18, 2022

Although it’s important to acknowledge that shippers bring varying levels of sophistication to the FTL budgeting process, for many companies it comes down to a bare bone, two-part exercise. Absent that data, logisticians resort to increasing last year’s load volumes by a random percentage and then hope for the best.

Purchasing Skills 104

Purchasing Skills Scenario Planning Exercises Purchasing 104

RPA Labs

SEPTEMBER 2, 2021

RPA is increasingly adopted within the supply chain to take over mundane and repetitive tasks such as managing shipping data, filing paperwork, answering general FAQs, entering data, reading and responding to emails, and performing other basic tasks. Why Shippers and Carriers Struggle With Managing Shipping Data.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Automation Data 52

Logistics Bureau

APRIL 19, 2021

If you’ve never done a benchmarking exercise before, read on. This exercise would involve you measuring particular functions or aspects of your business and comparing that against other parts of your business. You might know other people in the industry who are also operating warehouses so you might agree to share some data with them.

Supply Chains 76

Supply Chains Exercises Picking Video 76

SYSPRO Smarter ERP

AUGUST 2, 2023

To contend with these pressures, medical device manufacturers crave actionable, real-time, accurate, and reliable data throughout the entire supply chain. Acquiring and consolidating data can be a formidable task, however, especially when data is scattered across different systems and formats.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 98

Logistics Viewpoints

MAY 26, 2022

This is not a continuous improvement exercise, but a matter of survival as greater unpredictability prevails in our markets, continually taxing resources, and challenging forecast accuracy on both the demand and supply sides.

Supply Chain Software 134

Supply Chain Software Optimal Sourcing Supply Chain Design Software Logistics Network Optimization Software 134

Logistics Viewpoints

MAY 22, 2023

Moreover, this exercise might need to be repeated several times depending on how the war proceeds. To solve this problem, we’ll need to do three things: understand the data, aggregate the data, and define the constraints. First comes the data and how well we understand it. Their time frame was short and resources limited.

Supply Chain Design Software 104

Supply Chain Design Software Supply Chain Design Supply Chain Software Modeling Software 104

Logistics in War

SEPTEMBER 17, 2024

This situation was made worse by the absence of good data and analysis to inform determinations of the right balance between combat and logistics forces in the ADF. Being so, and to ensure it is ready when needed, a range of exercises – in the field and ‘command post-exercises’ held within an on-base environment, is essential.

Exercises 63

Exercises Logistics Network Optimization Software Logistics Cost Reduction 63

Shipping and Freight Resource

JUNE 29, 2020

Start with shock testing to gather data about your normal shipping routes. You can also test different packaging materials and strategies, and get quantifiable data about how much better, or worse, different routes, shipping methods, and packaging are for the contents of your boxes and pallets.

Material Savings 115

Material Savings Cost Reduction Expense Reduction Resource Reduction 115

Logistics Viewpoints

AUGUST 9, 2022

By integrating order data, load information across modes, yard shipments and the like, internal departments can turn to a single source of the truth and more accurately manage various aspects of the lifecycle.

Inventory Reduction 104

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Inventory 104

Logistics in War

SEPTEMBER 16, 2024

This situation was made worse by the absence of good data and analysis to inform determinations of the right balance between combat and logistics forces in the ADF. Being so, and to ensure it is ready when needed, a range of exercises – in the field and ‘command post-exercises’ held within an on-base environment, is essential.

Exercises 61

Exercises Logistics Network Optimization Software Logistics Cost Reduction 61

SYSPRO Smarter ERP

JUNE 15, 2022

Manufacturing Operations Management (MOM) together with an ERP system allows manufacturers to collect the data, visualize and analyze it, and make decisions. But to understand how to do that requires information, and therefore the question is how to get accurate data to check that the plant, and the people on the shop floor, are performing?

Optimization Software 98

Optimization Software ERP Material Savings Cost Reduction 98

SYSPRO Smarter ERP

JANUARY 19, 2022

Use data to improve operations. To assist with the short-term solution, the answer is an extensive data-gathering exercise. A major benefit of an ERP solution is that it generates business data continuously. Of course, the key to success is being able to analyze that data so that you can get the maximum value out of it.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 105

SYSPRO Smarter ERP

AUGUST 9, 2022

Investing in an ERP system and other business systems is an expensive exercise and by not investing resources into training and education, manufacturers will not get the full return on investment. Learning, for example, how to properly use systems and read data will improve business efficiency. Business Processes. Industry 4.0

Course 105

Course Buyer Training Waste Reduction Expense Reduction 105

Talking Logistics

NOVEMBER 1, 2018

For most, re-routes are a painful and time-consuming exercise. The data is a mess, they lack the skills and the tools were too complicated or worse they try to do it in a spreadsheet and struggle to get better answers than the ones they currently have. So why don’t companies perform re-routes or have strategic routing processes?

Resource Reduction 72

Resource Reduction Cost Reduction Supply Chain Planning Software Networks 72

AIMMS

JANUARY 30, 2019

None of the respondents share data across multiple applications to manage inventory, network design and S&OP in an integrated way. Managing data across multiple spreadsheets quickly becomes unmanageable. “Do you currently use advanced analytics to optimize your network?”

Supply Chain Design Software 92

Supply Chain Design Software Supply Chain Software Supply Chain Design Optimization Software 92

RPA Labs

SEPTEMBER 2, 2021

RPA is increasingly adopted within the supply chain to take over mundane and repetitive tasks such as managing shipping data , filing paperwork, answering general FAQs, entering data, reading and responding to emails, and performing other basic tasks. Why Shippers and Carriers Struggle With Managing Shipping Data.

Supply Chain Software 40

Supply Chain Software Supply Chain Planning Software Automation Data 40

RPA Labs

SEPTEMBER 2, 2021

RPA is increasingly adopted within the supply chain to take over mundane and repetitive tasks such as managing shipping data , filing paperwork, answering general FAQs, entering data, reading and responding to emails, and performing other basic tasks. Why Shippers and Carriers Struggle With Managing Shipping Data.

Supply Chain Software 40

Supply Chain Software Supply Chain Planning Software Automation Data 40

Logistics Viewpoints

FEBRUARY 2, 2023

Instead of manually entering data at set intervals throughout the month – an after-the-fact exercise prone to errors and omissions – an automated solution captures billable activities correctly in real-time, improving overhead utilization, cost control, and revenue leakage at once.

Supply Chain Planning Software 108

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Negotiating Skills 108

Logistics Bureau

DECEMBER 24, 2024

Very detailed specifications must be prepared by enterprises, with full disclosure of all available data before a quotation from service providers is attained. But where there is an absence of sensible interpretation of data, this can cause major issues in the outsourcing relationship. It must be a joint exercise.

Outsourcing 52

Outsourcing Warehousing Negotiating Skills Purchasing Skills 52

SYSPRO Smarter ERP

MARCH 20, 2023

An ERP application consists of a wide range of elements, including processes and workflow, master data, and hardware and network infrastructure. Customer data is often identified as critical so strong security standards should be applied to file integrity and access to the information.

ERP 105

ERP Optimization Software Security How To 105

Talking Logistics

JUNE 29, 2017

The first one arrived a few years ago when a growing number of companies started treating supply chain design as a continuous business process instead of a standalone project or a once-a-year exercise. In short, the manufacturer realized some time ago that it was setting inventory policies based on outdated lead time and forecast data.

Supply Chain Design Software 43

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 43

AIMMS

FEBRUARY 1, 2021

Given that we are a data-driven (math-loving) company, we wanted to test this range by running some scenarios to see what kind of results companies can expect across a variety of verticals. While businesses differ in complexity and size, for this exercise we extrapolated based on these $7.5Bn baselines.

Supply Chain Design Software 116

Supply Chain Design Software Supply Chain Software Supply Chain Design Optimization Software 116

Logistics Viewpoints

JUNE 26, 2023

The final goal was to develop end-to-end visibility based on leveraging data analytics. Aera Technology was seen as a convergence point for what Mars Wrigley was doing in data analytics and AI with what the company was doing in supply chain planning. “We The goal of an SCP implementation was to effectively balance demand and supply.

Supply Chain Planning Software 83

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 83

AIMMS

JANUARY 28, 2019

For instance, if I wanted to know what the HEINEKEN canning capacity was in Asia, I would have to sum up 20+ Excel files to sum up the data for all the breweries. There was no global master data in place either. There was a need to centralize data collection and minimize the time spent on structuring and gathering data.

Modeling Software 117

Modeling Software Optimization Modeling Optimal Sourcing Modeling 117

Logistics Viewpoints

AUGUST 7, 2024

Most end users and owner/operators find this to be an eye-opening exercise, as there are almost always rogue assets and other hitherto unknown assets lurking in OT networks, from insecure commercially available IP cameras to rogue wireless access points.

Supply Chain Software 119

Supply Chain Software Manufacturing Procurement Logistics Network Optimization Software Automation 119

MTS Logistics

FEBRUARY 16, 2022

The data shows that no new capacity is being introduced to Transpacific trade in the period of 2022-2023. The Russian Navy has already encircled Ukraine’s ports and warned-off civilian commercial traffic so they could engage in live-fire exercises. How is ocean capacity and pricing looking heading further into 2022? and Asia-E.U.

Negotiating Skills 105

Negotiating Skills Price Reduction Security Capacity 105