Logistics Viewpoints

SEPTEMBER 7, 2022

Kevin Nelson, a chief procurement officer and senior vice president at BD, agreed to be interviewed on this topic. In a conversation with Everstream’s chief data officer, the executive told this writer that the company was using artificial intelligence (AI) and Big Data to solve this n-tier problem. We can’t get the data.

Supply Chain Software 104

Supply Chain Software Supply Chains Optimal Sourcing Procurement Solutions 104

SYSPRO Smarter ERP

JANUARY 19, 2022

It will be all about strategic supplies, strategic procurement, supply agreements and keeping buffer stocks in country so that all the requirements are met to keep business going while long-term plans are formulated and implemented. Use data to improve operations. How can businesses create the supply chain of the future?

Manufacturing Procurement 105

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

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 113

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Scenario Planning 113

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. Inbound/procurement teams could view SKUs at facilities with low days of supply, and drill into orders in the yard with low SKUs.

Inventory Reduction 104

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

Logistics Bureau

APRIL 4, 2022

At Logistics Bureau, we capture, analyse, and exploit freight benchmarking data to help us when we provide freight contract negotiation services for our clients. Although freight benchmarking is not a complicated process, it may prove challenging because the data your company needs is unlikely to be readily available.

Negotiating Skills 96

Negotiating Skills Purchasing Skills Logistics Network Optimization Software Supply Chain Planning Software 96

SYSPRO Smarter ERP

AUGUST 22, 2022

Without the proper procurement, receipt and storage of the materials needed to carry out the business activity it is impossible for the metal fabricator to begin the manufacturing process or market its products. To address the skills challenge metal fabrication companies should implement extensive training and development programmes.

Supply Chain Design Software 105

Supply Chain Design Software Manufacturing Procurement Optimization Software Supply Chain Software 105

Logistics in War

APRIL 9, 2020

The key is effective data analysis, trusted modelling tools and a systematic approach that provides total visibility across the entire supply network. This will support an effective demonstration of probable outcomes during the planning phase based on selected COAs, supported by an ability to intervene where required.

Supply Chain Planning Software 85

Supply Chain Planning Software Military Exercises Logistics Network Optimization Software 85

Logistics Viewpoints

SEPTEMBER 28, 2021

Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility. Real-time visibility into “static goods” — wherever they may be — is the foundation for managing through volatility. The ROI will only multiply with visibility into supplies and goods from end to end.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 98

FreightWaves SONAR

MAY 14, 2024

From a shipper’s perspective, transportation is a cost center, and the exercise of sourcing trucking capacity is not much different than that of procuring raw materials for production. Carriers and brokers can use this third-party data to support their cause and offer more targeted pricing to their customers.

Price Reduction 52

Price Reduction Material Savings Cost Reduction Sourcing Strategies 52

Talking Logistics

APRIL 6, 2017

It may be time to evaluate your transportation network and approach to procurement and make the move from simply fixing logistics problems as they present themselves to a more strategic, scalable model derived from analytics and not simply rates.

Capacity 72

Capacity Price Reduction Sourcing Strategies Cost Reduction 72

Infosys Supply Chain Management

JULY 26, 2013

Sourcing & Procurement. Cloud & Big Data. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. « Collaborative Platform for Enterprise of Future | Main | Key Asset Management trends in Oil & Gas Industry » Importance of Proactive Master Data Maintenance in SAP SCM Support.

Supply Chain Planning Software 29

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 29

Logistics Bureau

JANUARY 25, 2017

The variety of functions involved – product design, procurement, warehousing, production, transport, distribution, sales, for instance – encourages demand for new employees and multiplies possibilities for moving around inside too. Data and processes are fundamental to supply chain work. No person is an island.

Negotiating Skills 75

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 75

Freightos

FEBRUARY 28, 2024

While COVID did see some modal shifts of everything from wheat to Peloton exercise bikes, there are certainly products that are less likely candidates for shifts. With more easily accessible data and bookings, alternatives to, yes, historically alternative routes suddenly become far more viable.

Negotiating Skills 62

Negotiating Skills Cost Reduction Price Reduction Vendor Strategies 62

Logistics in War

FEBRUARY 22, 2020

Firstly, it recommended conducting realistic wargames and exercises to reflect threats and the capability of the ‘logistics enterprise’ to respond. Thirdly, it articulated the need to protect logistics data which is particularly vulnerable to espionage and manipulation.

Military 103

Military Resource Reduction Cost Reduction Expense Reduction 103

Logistics Bureau

NOVEMBER 20, 2023

So that’s the route we’re taking in this article, exploring the evolution of fleet route optimisation from a time-consuming pen-and-paper exercise to a high-tech process that, in some cases, can be completed in minutes. I guess that’s why we called it route planning and not route optimisation.” Let’s take a brief look at some of them.

Presentation 95

Presentation Optimization Software Logistics Network Optimization Software Optimal Sourcing 95

Logistics Bureau

JANUARY 7, 2020

If your supply chain network design has not been under the microscope, and you care about business success, it’s probably time to consider the benefits of a design review and optimisation exercise. A disciplined approach to the collection, cleansing, and standardisation of supply chain data. Procurement costs.

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 111

Logistics Bureau

AUGUST 1, 2022

Often, in our experience, the problem is a human one… It’s not the data, not the process, not the technology, or the strategy, but the people. Pundits typically emphasize data and digital technology when proselytising for the S&OP concept. But what makes it so challenging to implement S&OP successfully? The Demand Planner.

Supply Chain Planning Software 98

Supply Chain Planning Software Scenario Planning Operations Supply Chain Design Software 98

Logistics in War

MARCH 11, 2025

Firstly, it recommended conducting realistic wargames and exercises to reflect threats and the capability of the logistics enterprise to respond. Thirdly, it articulated the need to protect logistics data from espionage and manipulation, especially information that was held by national commercial partners.

Military 59

Military Operations Logistics Network Optimization Software Supply Chain Planning Software 59

Logistics Bureau

OCTOBER 10, 2024

While regular re-slotting is a recommended practice, you don’t want to have to do it within a few months of the original exercise. You should be able to identify such items during your data evaluation, so you can set them aside and exclude them from your slotting strategy. And remember that you don’t have to slot everything.

Production 74

Production Inventory Reduction Cost Reduction Expense Reduction 74

Logistics Bureau

OCTOBER 19, 2020

This is a question that frustrates businesses if they only have data that is anecdotal and subjective, and lack the quantitative hard data that really tells them what’s going on. Good Data is Key to Success with SCOR. Sometimes it’s Good to Look Inward Too. 3 Good Reasons to Start With Internal Benchmarking.

Supply Chains 52

Supply Chains How To Scenario Planning Cost Reduction 52

Logistics Bureau

OCTOBER 2, 2016

If your supply chain network design has not been under the microscope, and you care about business success, it’s probably time to consider the benefits of a design review and optimisation exercise. Procurement costs. There is also the question of ethical procurement and purchasing to think about. Waste in the supply chain.

Supply Chain Design Software 99

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 99

10xLogistics

JUNE 13, 2013

What I find about benchmarking is it is often an internal exercise to justify what someone is doing to higher management. I have seen this before where companies will send their bid data into the agencies that do benchmarking but that may or may not be how the freight is actually moved. That is where energy is best spent.

Transportation 54

Transportation Exercises Course Definition 54

Logistics Business Magazine

DECEMBER 11, 2022

However, we’re also seeing increased supplier collaboration, where customers are sharing inventory levels and demand data with their suppliers, which historically has been disconnected. Historically, this product ‘footprinting’ exercise was both tedious and expensive. It’s going to get bigger and bigger.

Supply Chain Planning Software 55

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 55

Infosys Supply Chain Management

MAY 21, 2012

Sourcing & Procurement. Cloud & Big Data. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. These forms key contributors to an effective transformation exercise. They are an integral unit for success of any transformation exercise and should go hand in hand. Human Resources.

Sourcing Strategies 38

Sourcing Strategies Resource Reduction Supply Chain Planning Software Supply Chain Software 38

FourKites

JANUARY 7, 2021

They invest in new technologies and data-driven processes that allow them to exercise precise control over the business. Given the rapid change and uncertainty in the market, logistics managers need accurate data that spans the breadth of their supply chains – from procurement teams to store managers.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 52

Logistics Bureau

MARCH 30, 2020

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 Design Software 64

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 64

Infosys Supply Chain Management

JULY 31, 2014

What do we need for a successful condition monitoring, heaps of operational data? Knowhow of slice and dice data analysis, possibly true but in my opinion these are not comprehensive enough. Here''s presenting the case study of how a seemingly workable condition monitoring exercise can possibly go wrong.

Case Study 24

Case Study Study Exercises Construction 24

Infosys Supply Chain Management

FEBRUARY 8, 2012

Sourcing & Procurement. Cloud & Big Data. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. The resulting solution set focuses on master data management, demand planning and replenishment management systems, and the sequence in which they must be implemented. Procurement Blog.

Supply Chain Planning Software 34

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Supply Chains 34

247 Customs Broker

JANUARY 24, 2019

You have operations here and procurement over there and sales right here, for example. Not only are their perspectives and metrics different but their data are different. Digitization is a technical exercise that collects all transaction data from all of the silos into an electronic state in a central location.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chains Scenario Planning Optimal Sourcing 28

Logistics Bureau

SEPTEMBER 25, 2016

Whether you need to improve cost, service or other aspects of supply chain performance , both internal and external supply chain benchmarking exercises are a great way to identify, set, and work toward continuous improvement goals. Build a Baseline for Continuous Improvement. Knowledge after all, is power, to coin another oft-quoted adage.

Supply Chains 70

Supply Chains Scenario Planning Cost Reduction Waste Reduction 70

Talking Logistics

OCTOBER 29, 2018

It begins with a strategy project that documents the current state process, information, and data flows. It requires gathering data, driving towards answering the question “Where is the money?” The above process gives you the answer as to if and why a TMS is needed.

Supply Chain Design Software 72

Supply Chain Design Software Supply Chain Planning Software Modeling Software Resource Reduction 72

Logistics Bureau

JULY 27, 2020

De Beers’ Tracr can provide provenance data for diamonds and track them from the mine to the retail outlet. The result of the collaboration is the Food Trust Blockchain , a distributed ledger solution capable of recording data associated with more than a million individual products. Big Names are Backing Blockchain.

Supply Chain Planning Software 69

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Tracking and Tracing 69

Infosys Supply Chain Management

JULY 3, 2012

Sourcing & Procurement. Cloud & Big Data. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. You do regular exercise to ensure frequency of your breakdown can be reduced or you take your kid for scheduled vaccinations - Preventive Maintenance. Procurement Blog. Banking Suite.

Supply Chain Planning Software 30

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 30

Infosys Supply Chain Management

NOVEMBER 1, 2011

Sourcing & Procurement. Cloud & Big Data. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Procurement Blog. Sourcing,Procurement,Contract & Spend Management (38). Business Process Outsourcing. Customer Service. Finance & Accounting. Human Resources. Product Categories.

Supply Chain Planning Software 30

Supply Chain Planning Software Eliminating Excel in Purchasing Supply Chain Software Supply Chains 30

Supply Chain Brain

MAY 7, 2018

to the complex exercise of pricing. It’s that latter quality that applies to data-heavy disciplines such as pricing. driven system can help to sort signal from noise: it can determine the point at which the model is in danger of being swamped by too much data, not all of it relevant. On one hand, A.I. At the same time, an A.I.-driven

Price Reduction 40

Price Reduction Supply Chain Planning Software Modeling Software Supply Chain Software 40

Supply Chain Brain

MARCH 26, 2018

For most of human history, the success of that exercise has rested on the appointed seer’s years of experience, coupled with some indefinable grasp of probability. has helped humans to get a better grasp of the possibilities, as they sift through the mass of information called “big data.” Still, the coming of A.I.

Optimal Sourcing 40

Optimal Sourcing Production Optimization Software Supply Chain Design Software 40

Infosys Supply Chain Management

JUNE 20, 2013

Sourcing & Procurement. Cloud & Big Data. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Following are some of the key considerations which I think an organization should make to reap benefits from an optimization exercise in Asset management. Procurement Blog.

Optimal Sourcing 25

Optimal Sourcing Optimization Software Blog Optimization 25