The Logistics of Logistics

SEPTEMBER 19, 2024

Gaurav Khandelwal and Joe Lynch discuss cash flow boost: 3 way scheduling for reducing holding costs. Summary: Cash Flow Boost: 3 Way Scheduling for Reducing Holding Costs Velostics offers a comprehensive solution to streamline transportation and logistics operations.

Optimization Software 299

Optimization Software Cost Reduction Supply Chain Design Software Modeling Software 299

Logistics Viewpoints

NOVEMBER 26, 2024

Our daily lives are inundated with data. Supply chain teams face a similar dilemma – companies are overloaded with vast amounts of data, and the ability to sift through the noise and focus on relevant insights has become a critical capability. Why Context Matters Context transforms data into actionable insights.

Resource Reduction 143

Resource Reduction Supply Chain Planning Software Inventory Reduction Sourcing Strategies 143

Logistics Bureau

NOVEMBER 28, 2024

If net profit on sales is 5%, for example, a reduction in supply chain costs from 9% to 4% (or from 12% to 7%) will double net profits. This is the big attraction and importance of cost reduction in a supply chain: profits can be increased without having to increase sales. The field for potential reductions is wide open.

Cost Reduction 79

Cost Reduction Inventory Reduction Material Savings Price Reduction 79

The Logistics of Logistics

MAY 18, 2022

Data is a big buzzword across industries, but how about when it comes to logistics? In this episode, Joe Lynch sits down with William Sandoval , the Senior Vice President of Product Management and Strategy at PowerFleet Inc. Beyond The Data with William Sandoval. Our topic is beyond the data with my friend William Sandoval.

Data 313

Data Modeling Software Supply Chain Design Software Optimization Software 313

Cyzerg

OCTOBER 3, 2023

Stockouts or inventory shortages can spell disaster for businesses. To help businesses navigate this challenge, we have compiled a comprehensive guide on preventing and managing inventory shortages. Additionally, we will discuss effective inventory management techniques that can help businesses minimize the occurrence of stockouts.

Inventory Reduction 195

Inventory Reduction Inventory Optimal Sourcing Sourcing Strategies 195

The Logistics of Logistics

NOVEMBER 26, 2024

He also hosts the “Parcel Perspectives with Glenn Gooding” podcast, providing actionable insights and strategies for making informed shipping decisions and delivering exceptional customer experiences. Cost Optimization: iDrive helps clients reduce shipping costs through its innovative cost model approach and carrier partnerships.

Logistics Network Optimization Software 296

Logistics Network Optimization Software Cost Reduction Inventory Reduction Price Reduction 296

Logistics Viewpoints

AUGUST 29, 2024

In the dynamic landscape of modern supply chains, one of the key challenges is the efficient management of resources to eliminate waste and enhance overall productivity. Standardized carton sizes also facilitate more efficient stacking and storage within the warehouse, reducing space utilization and improving overall operational flow.

Waste Reduction 154

Waste Reduction Optimal Sourcing Sourcing Strategies Resource Reduction 154

Logistics Viewpoints

FEBRUARY 20, 2024

Demand is at the Heart of Supply Chain Network Design The first step in the SCND process is translating business rules into a set of data inputs: demand, products, customers, sites, shipment rules, production details, and various constraints. Another strategy is to dedicate resources and build the best algorithm for demand forecasting.

Supply Chain Design Software 159

Supply Chain Design Software Sourcing Strategies Supply Chain Design Inventory Reduction 159

Logistics Viewpoints

FEBRUARY 3, 2022

Supply shortages resulting in empty shelves or parking lots of WIP inventory represent a spectre causing supply chain leaders to reconsider supply chain inventory practices. Opinion of just-in-time (JIT) as a practice has taken a battering and inventory is rising. Is supply chain inventory the problem?

Inventory Reduction 192

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Inventory 192

The Logistics of Logistics

MAY 12, 2023

Their focus is on translating data into actionable insights that improve operations, increase efficiency, and reduce costs. Uptake leverages industrial data science to offer over 45 patents, almost 200 data science models, and has received recognition from several industry leaders such as Gartner, Verdantix, CNBC, and Forbes.

Optimization Software 330

Optimization Software Logistics Network Optimization Software Modeling Software Cost Reduction 330

Logistics Viewpoints

NOVEMBER 16, 2023

This article is from Descartes Systems Group and looks at how companies can reduce lead times with real-time data. Additionally, a longer lead time reduce a company’s agility, or resilience, to adapt to demand fluctuations, or other disruptions that may occur. How can you better manage lead time?

Inventory Reduction 165

Inventory Reduction Material Savings Vendor Strategies Expense Reduction 165

Ship Monk

JULY 18, 2024

Today we’re going to look at some of the consumer trends that might affect your preparations for peak season 2024, and strategies to maximize them. Reduce shipping and inventory costs to gain pricing flexibility. It should have robust tools for data analysis, reporting, tracking, forecasting and managing inventory.

Inventory Reduction 111

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 111

Ship Monk

APRIL 23, 2024

While it is impossible to completely eliminate your carbon footprint (you are shipping packages daily, after all), you can offset the negative impacts with positive impacts, such as recycling. Recycling and composting count as positive carbon equivalents, and reduce your overall carbon footprint. Let’s say your business sells jeans.

Waste Reduction 104

Waste Reduction Inventory Reduction Resource Reduction Cost Reduction 104

Logistics Viewpoints

JULY 30, 2024

But shippers looking to avoid disruptions and ensure that tight inventory levels don’t lead to missed sales opportunities pulled their orders forward. As companies look ahead to the next three to six months, they’re weighing costs, risks, and demand as they plan and adapt their inventory strategies.

Inventory Reduction 143

Inventory Reduction Supply Chain Planning Software Inventory Supply Chain Design Software 143

Logistics Viewpoints

OCTOBER 23, 2024

Assessing Infrastructure and Technological Capabilities The first step in the readiness assessment is to evaluate the organization’s IT infrastructure and data management systems. Organizations must also evaluate the quality, integrity, and security of their data to ensure it is reliable enough for DPP purposes.

Resource Reduction 149

Resource Reduction Vendor Strategies Inventory Reduction Supply Chain Planning Software 149

Logistics Viewpoints

JANUARY 21, 2021

Machine learning (ML) techniques can be applied to provide more accurate transit information and estimated arrival times (ETAs) by analyzing the historical shipment data in your transportation management systems. Increased lead time accuracy reduces risks involved in transportation and logistics, improving your overall supply chain.

Inventory Reduction 214

Inventory Reduction Supply Chain Planning Software Cost Reduction Logistics Network Optimization Software 214

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 design their supply chain on a continuous basis and focus on ecommerce retailing strategies that segment their customer base according to buying behavior.

Supply Chain Design Software 169

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Scenario Planning 169

The Logistics of Logistics

JUNE 5, 2024

Velostics aims to eliminate manual scheduling, reduce friction in the handoff process, and provide user-friendly tools for better decision-making. Velostics’ quick implementation process and yard management solution are also highlighted, along with the importance of reducing turn times and improving handoffs in the industry.

Optimization Software 339

Optimization Software Logistics Network Optimization Software Supply Chain Software Cost Reduction 339

Blue Grace Logistics

MARCH 26, 2024

What you will learn in this blog: Leveraging Data Analytics For Invaluable Insights Implementing Lean Principles for Waste Reduction Effective Management Of Supply Chain Costs As companies navigate market fluctuations and challenges, effectively managing supply chain expenses becomes pivotal for success.

Negotiating Skills 97

Negotiating Skills Cost Reduction Waste Reduction Inventory Reduction 97

Logistics Viewpoints

AUGUST 9, 2022

While consumers may see some short-term benefit in the form of discounted goods, many retailers have had to reset investor expectations , reflecting the expected hit on margins from carrying so much inventory. Inventory management is challenging enough in normal times. So, what is it going to take to enable better inventory management?

Inventory Reduction 148

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Inventory 148

Logistics Viewpoints

JANUARY 23, 2024

This year, a recurring theme that I saw was about using supply chain data to improve the customer experience across the entire value chain. Here are the ones that stood out to me, especially as it relates to supply chain data. The single data cloud runs on Snowflake, one of Blue Yonder’s partners.

Supply Chain Planning Software 147

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 147

The Logistics of Logistics

AUGUST 14, 2023

Bart is Chief Industry Officer at project44 where he drives supply chain industry thought leadership and supports customers with their logistics and supply chain strategies. He also leads the Sustainability strategy and roadmap at project44. Episode Sponsor: Greenscreens.ai The Greenscreens.ai

Supply Chain Software 298

Supply Chain Software Supply Chains Logistics Network Optimization Software Price Reduction 298

Logistics Viewpoints

DECEMBER 2, 2021

import volumes still climbing (see Figure 1), limited processing capacity at key West Coast ports and the International Longshore and Warehouse Union (ILWU) contract expiring next summer, importers will be scrambling to maintain the inventory they need to support the demand increase.

Waste Reduction 202

Waste Reduction Cost Reduction Inventory Reduction Resource Reduction 202

The Logistics of Logistics

OCTOBER 9, 2023

The company’s platform integrates shipping details with data and algorithms to provide customers with information on expected delivery times, fulfillment speed, on-time performance, and outbound ship times. Shipium’s platform is used by a variety of ecommerce companies, including retailers, brands, 3PLs, and marketplaces.

Supply Chain Software 341

Supply Chain Software eCommerce Supply Chains Optimization Software 341

Logistics Viewpoints

JULY 23, 2024

Data is the lifeblood of AI in the supply chain. Without sufficient data, AI models can’t uncover meaningful patterns, make accurate predictions, or provide valuable insights for informed decision-making in complex and dynamic environments. At the same time, feeding your AI models too much data can also be a problem.

Optimal Sourcing 164

Optimal Sourcing Supply Chain Software Supply Chains Data 164

Logistics Viewpoints

OCTOBER 30, 2023

For this project, Solvoyo consultants built a network design model and ran more than 120 scenarios to refine the customer service and inventory mix strategy. And, this was not because of the number of scenarios, but the initial quality of the data. Data cleaning took much longer than running the scenarios.

Supply Chain Design 161

Supply Chain Design Cost Reduction Vendor Strategies Inventory Reduction 161

Logistics Viewpoints

JULY 24, 2024

Robotic Process Automation Deployment According to the APQC data, organizations are exploring Robotic Process Automation across a number of supply chain areas, including supply chain planning, sourcing and procurement, logistics and warehousing, and manufacturing. Many technologies are implemented as a source of cost cutting.

Supply Chain Software 167

Supply Chain Software Supply Chain Planning Software Manufacturing Procurement Supply Chains 167

The Logistics of Logistics

MAY 26, 2023

Committed to environmental and social responsibility, ALOM manages the physical supply chain from procurement, inventory management, contract assembly, digital media and print, to omni-channel fulfillment and returns.

Supply Chain Design Software 312

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Outsourcing 312

Logistics Viewpoints

MARCH 25, 2021

Global trade regulations and conflicts, as well as tariff threats as a political tool, could cut off sources and markets and push your business plan into the red. The average cost of a data breach reached $3.86 The system wasn’t prepared for the surge, driving up pricing for transportation and sapping inventory levels.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 195

Logistics Viewpoints

DECEMBER 14, 2022

This article is from Zheyuan Du at Kinaxis and discusses unconventional solutions to excess inventory challenges. According to recent statistical data, vacancy rates for industrial real estate across North America have been declining since 2020 and reached an all-time low in the third quarter of 2022.

Inventory Reduction 133

Inventory Reduction Inventory Supply Chain Planning Software Scenario Planning 133

Logistics Bureau

OCTOBER 10, 2022

Too much inventory in your distribution network? Inventory costs too high? These are all pervasive issues for supply chain operators worldwide—and are classic symptoms of suboptimal inventory performance. But what exactly does inventory optimisation mean, and what obstacles must first be broken down to achieve it?

Inventory Reduction 124

Inventory Reduction Inventory Optimization Modeling Optimization Software 124

The Logistics of Logistics

JANUARY 29, 2024

Inventory Intelligence: Gain real-time inventory insights and demand forecasting to minimize stockouts, optimize inventory allocation, and avoid wasted resources. Cost-Saving Champion: Reduce shipping costs with Flowspace’s network optimization, strategic warehouse locations, and efficient processes.

Network Optimization Software 327

Network Optimization Software Optimization Software Logistics Network Optimization Software Inventory Reduction 327

The Logistics of Logistics

FEBRUARY 1, 2021

Since then, he has been eliminating one global bottleneck after another, with his current focus on optimizing supply chains that extend to Mars. Throughput can be calculated as Inventory = Rate multiplied by Time, where “rate” is the throughput. About ThroughPut, Inc. ThroughPut Inc. ThroughPut Inc. At ThroughPut.ai

Supply Chain Design Software 284

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 284

Stord

JULY 1, 2024

Every step of the process that brings your product from creation to your consumers’ front-door can cut into those margins and reduce your profitability. This is simply because you represent a larger potential business opportunity for a carrier so they will offer rate reductions to earn your business.

Expense Reduction 78

Expense Reduction Cost Reduction Price Reduction Inventory Reduction 78

The Logistics of Logistics

DECEMBER 6, 2021

Lauren is a seasoned maritime attorney and the founder of Squall Strategies , a boutique maritime consulting and legal solutions company and offers a wide range of consulting services to serve a variety of businesses and clients. Beagen is a seasoned maritime attorney and the founder of Squall Strategies, LLC. About Squall Strategies.

Inventory Reduction 195

Inventory Reduction Material Savings Maritime Supply Chain Software 195

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