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Scenario Modeling Is Now Crucial for Supply Chain Network Design

AIMMS

How are companies leveraging scenario modeling for network design and optimization ? Our 2018- 2019 Network Design Survey showed that the majority of organizations are still relying on spreadsheets (nearly 60%) and gut feel (15%) to make network design decisions. Read on for common use cases. .

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Last Mile Delivery Optimization Strategies for 2025

WorkWave

As customers increasingly demand rapid and reliable delivery, optimizing this final leg of transportation becomes essential for businesses aiming to enhance customer satisfaction and operational efficiency. Data-driven approaches, such as predictive analytics, facilitate real-time adjustments in delivery operations.

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Artificial Intelligence In The Warehouse Is Coming Sooner Than You Might Think

Logistics Viewpoints

Preliminary results from a Lucas-commissioned survey of 350 companies in the US and UK found that the majority of the companies are already employing AI in one way or another within their warehouses and distribution/fulfillment centers. AI-Based Warehouse Optimization Examples. Here are two examples. AI For Product Slotting.

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Digital Transformation in Logistics

Logistics Viewpoints

This survey-based research gathers quantitative data as well as information on practices or performance drivers. From a maturity standpoint, the majority of respondents are digitizing data and processes. But, it varies on how the data and processes are being used form a technology standpoint.

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The role of inventory management and inventory optimization in ERP

SYSPRO Smarter ERP

In a recent survey , 40% of respondents mentioned rising inventory costs as a top business risk. Keeping the right level of inventory requires a technique called inventory optimization. Inventory optimization. The search for optimal inventory levels is therefore a key objective. The role of inventory management.

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Effective Supplier Collaboration Is Critical

Logistics Viewpoints

In one McKinsey survey of more than 100 large organizations in multiple sectors, companies that regularly collaborated with suppliers demonstrated higher growth, lower operating costs, and greater profitability than their industry peers. Those include trust issues, the operating model, and technology.

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Autonomous Planning in Supply Chain: 4 Must-Haves for Next-Generation Platforms

Logistics Viewpoints

According to data from a recent research survey, the following were on top of the supply chain headaches not addressed by their current systems: Supply shortages due to supplier’s inability to meet expected performance targets. Network cost modeling. Data cleansing and data robustness. Response to disruptions.