Logistics Viewpoints

MARCH 13, 2023

The mean cost of developing a new drug has been the subject of debate, with recent studies estimating that the costs range from $314 million to $2.8 The most recent study estimated that the median cost of getting a new drug to market was $985 million, and the average cost was $1.3 This makes demand forecasting viable.

Supply Chain Planning Software 114

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 114

Logistics Viewpoints

OCTOBER 5, 2022

SEE and RESPOND: the ability to get ahead of data, see the data and respond accordingly. The big piece here is you need to be able to break apart the data silos. With so much data available, companies need to delight the customer and take advantage of all the predictable information that they have.

Supply Chain Software 105

Supply Chain Software Optimization Software Supply Chains Logistics Network Optimization Software 105

Dedola Global Logistics

NOVEMBER 9, 2022

Many receive emails alerting them of a data breach at their favorite mega-store or insurance company that exposed their personal information. Today, companies of all sizes are experiencing cyberattacks, leading to data breaches and system failures. We have safeguards in place to protect our sensitive data. Neither is true. .

Supply Chain Design Software 85

Supply Chain Design Software Optimization Software Supply Chain Software Logistics Network Optimization Software 85

Logistics Bureau

DECEMBER 22, 2024

Of course, the big challenge in this type of external benchmarking is obtaining the necessary data, since many companies are wary of sharing performance data with potential competitors. Instead, its merely a common-sense guide to those supply chain KPIs that can best provide actionable data for general management purposes.

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

Logistics Viewpoints

MARCH 31, 2022

Both anecdotal evidence and research studies demonstrate that enterprises leveraging these advanced capabilities have fared much better than other companies during the extreme volatility of the past two years. Digital control towers sit at the heart of the supply chain ecosystem, gathering real-time data on current conditions.

Logistics Network Optimization Software 119

Logistics Network Optimization Software Supply Chain Planning Software Optimization Software Modeling Software 119

FreightWaves SONAR

MARCH 28, 2022

View the Full Case Study. The company incorporates many different data sources, including FreightWaves SONAR and FreightWaves TRAC throughout the organization – from its daily active users to key executives. View the Full Case Study.

Negotiating Skills 52

Negotiating Skills Case Study Automation Logistics Network Optimization Software 52

AIMMS

JANUARY 24, 2019

Our analytics department is comprised by data scientists who work on developing AI models, as well as OR specialists who focus on Supply chain optimization, simulation and mathematical programming. Currently, there is an interface for end users which is used to solve optimization problems using input data.

Optimal Sourcing 116

Optimal Sourcing Supply Chain Software Optimization Software Supply Chain Planning Software 116

GlobalTranz

JANUARY 23, 2015

Operations Research began when scientists demonstrated the value of analytics in the study of military logistics problems in the 1940s as a result of the complex requirements of World War II. The result of this change to ERP systems was a tremendous improvement in data availability and accuracy.

Supply Chain Planning Software 134

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 134

Freightos

DECEMBER 1, 2016

Large operations – airports, armies and even mall security – all rely on one control room that aggregates data, converts it into insights and aids decisions. As the concept developed, it extended beyond managing inbound and outbound flows. End to end data transparency. Real time information.

Supply Chain Planning Software 74

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 74

Logistics Viewpoints

JANUARY 19, 2021

By doing this, you can run a day or a week in the life of your operation and get back data on its performance capability. Areas can include: In- and outbound workflows. Then you can run different scenarios over a similar seven-day period, against the data you have collected, to create an accurate “compare and contrast” picture.

Supply Chain Software 93

Supply Chain Software Modeling Software Optimization Software Logistics Network Optimization Software 93

GlobalTranz

JANUARY 17, 2019

billion by the end of 2025, according to a study reported by DC Velocity. The Guide to Proactive Inbound, Outbound, and Reverse Enterprise Parcel Management. To cut down on time and transportation spend , businesses are turning to cloud-based transportation management systems (TMS) to save time and money. Download Here.

Logistics Network Optimization Software 70

Logistics Network Optimization Software Cost Reduction Material Savings White Paper 70

Logistics Viewpoints

MAY 24, 2021

is a distributor of pharmaceuticals, a global manufacturer and distributor of medical and laboratory products, and a provider of performance and data solutions for healthcare facilities. Across their inbound and outbound supply chains the goods are transported by air, ocean, rail, truckload, less-than-truckload, parcel, and even couriers.

Optimal Sourcing 81

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Supply Chain Software 81

GlobalTranz

MAY 26, 2021

Moreover, a recent study, says Banker, found that shippers are starting to realize that returns must be free. There are already many studies showing that reverse logistics has large potential for shippers’ performance and customer relations, but the potential value of effective reverse logistics is often overlooked.

Reverse logistics 89

Reverse logistics Material Savings Logistics Network Optimization Software Logistics 89

Dedola Global Logistics

NOVEMBER 9, 2022

Many receive emails alerting them of a data breach at their favorite mega-store or insurance company that exposed their personal information. Today, companies of all sizes are experiencing cyberattacks, leading to data breaches and system failures. We have safeguards in place to protect our sensitive data. Neither is true.

Supply Chain Design Software 52

Supply Chain Design Software Optimization Software Supply Chain Software Logistics Network Optimization Software 52

Turvo

JULY 21, 2020

As COVID 19 continues to ravage industrial optimization efforts, the real value lies in uncovering the disjointed systems and organizational silos that remain within the supply chain—forcing them into retreat through data sharing. Brokers might use a TMS to help manage the inbound versus the outbound flow of shipments.

Supply Chain Design Software 63

Supply Chain Design Software Optimization Software Digital Optimal Sourcing 63

Logistics Viewpoints

FEBRUARY 8, 2022

For most companies, margins only declined further in 2021, as product shortages and transportation roadblocks forced all supply chain participants to make critical decisions on the fly, acting without complete information or hard data. The study projects a risk-adjusted $31.2

Optimal Sourcing 105

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 105

Logistics Bureau

JANUARY 7, 2020

Mini Case Study: Walmart. Along with the design of supply chain strategy, the design of the supply chain itself, especially the part dealing with outbound distribution from plants or warehouses, is instrumental in the success or failure of businesses. . Mini Case Study: Whirlpool. Supply Chain Network Design.

Supply Chain Design Software 111

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

Penske Move Ahead

NOVEMBER 15, 2021

Fleet operators need real-time data to make informed decisions about their business. Petty stated 75% of the private fleets in the study are operating as cost centers or, as he calls them, contribution centers. Private fleets typically handle about 2/3 of the outbound flow of goods and work with third-party carriers to handle the rest.

Survey 59

Survey Trucking Supply Chain Software Logistics Network Optimization Software 59

Logistics Bureau

OCTOBER 9, 2023

Quality and Detail of Data and its Analysis In some of our earlier posts, we’ve stressed the importance of simplicity in distribution network design , and we will return to that topic later in this article. It would be folly not to take advantage of data availability and accessibility.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Design Distribution Networks 98

AIMMS

JANUARY 24, 2019

Our analytics department is comprised by data scientists who work on developing AI models, as well as OR specialists who focus on supply chain optimization, simulation and mathematical programming. Currently, there is an interface for end users which is used to solve optimization problems using input data.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Software Optimization Software Supply Chain Planning Software 62

Logistics Bureau

NOVEMBER 14, 2018

Too much leads to resources being monopolised on gathering tons of data and a subsequent risk of “paralysis by analysis” Cost to Serve (CTS) is an approach that helps you avoid both extremes. Outbound transportation. Collecting and Using Cost to Serve Data. Efficient order terms. Sales organisation costs.

Purchasing Skills 93

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 93

FreightWaves SONAR

MAY 24, 2023

It depends on looking at the right data, understanding where it comes from in the freight cycle (and, if applicable, in the payment cycle), and distinguishing between leading and lagging indicators. FreightWaves’ Outbound Tender Reject Index, which measures the percentage of truckload tenders rejected by carriers, had hit 8.4%

Freight 52

Freight After-sales Manufacturing Procurement Outbound 52

20Cube Logistics

SEPTEMBER 29, 2019

A reputed organisation’s study says that 71% of global CIOs believe the primary function of their supply chain by 2020 will be more of a customer service driver, so the ability to better manage exceptions becomes extremely essential for every company. Managing by exception is nothing but data management challenges.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 40

GlobalTranz

MAY 6, 2015

Reducing inbound and outbound transportation logistics gets us closer to customer demand which results in reduced reliance on forecasting, increased flexibility, and reduced waste of”overproduction”. Order accuracy from 61% to 66%; Inventory is reduced by 5 percent; Order fill rate from 60% to 66% (Capgemini Consulting: 2015 3PL Study).

Supply Chain Planning Software 127

Supply Chain Planning Software Waste Reduction Inventory Reduction Supply Chain Software 127

Automotive Logistics

APRIL 4, 2018

During that journey, the technology attaches all relevant data in the supply chain to the VIN, including geographical position, damage notices, transactions and any technical data, such as upgrades to the vehicle (customisation or software updates, for instance). This is of value to the remarketing company.”.

Logistics Network Optimization Software 37

Logistics Network Optimization Software Supply Chain Software Logistics Outbound 37

Penske Move Ahead

AUGUST 27, 2024

This year, 75% of all the outbound products are being hauled on the back of private carriers, and that's an all-time high,” said Tom Moore, NPTC executive vice president. As things continue to get more and more chaotic, it makes data even that much more important,” Lager said.

Sourcing Strategies 56

Sourcing Strategies Survey Cost Reduction Modeling Software 56

Logistics Bureau

JULY 18, 2022

Once you have gathered the data relating to your customers’ needs, you should be able to see if a single logistics strategy will work for your entire customer base, or whether you need to take a segmented approach. Then, you can analyse your current supply chain capabilities using the research results and your data concerning customer needs.

Inventory Reduction 98

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 98

GlobalTranz

MAY 26, 2017

According to a recent study, reports Material Handling and Logistics , only 3 percent of respondents believe their existing technology supports an improved customer-focused logistics experience. This is due to increased visibility and coordination of all inbound and outbound logistics operations that feed into retailers’ needs.

Cost Reduction 66

Cost Reduction Expense Reduction Material Savings Logistics Network Optimization Software 66

GlobalTranz

MARCH 22, 2018

To avoid this pitfall, we recommend conducting a proper density study to examine your heaviest and most-used freight classes. Keep your FAK bands to ranges of 100 or 150 at most—for example FAK 50 for classes 50-150—and don’t be afraid to build more than one tier in your tariffs. Not Taking Advantage of Technological Advancements.

Negotiating Skills 72

Negotiating Skills Capacity Freight Optimization Software 72

CLX Logistics

JUNE 1, 2020

With every US state and many countries around the world implementing work and travel restrictions, it’s more vital than ever to minimize unknowns and gain complete control over your shipping process, essential data, and your decision points. A robust reporting system is essential, but too much raw data can be overwhelming.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Design Software Material Savings Logistics Network Optimization Software 40

247 Customs Broker

NOVEMBER 16, 2018

Together, the captured data give systems unprecedented insight. In the past, the only interface between the physical world and the enterprise resource planning (ERP) or warehouse management system (WMS) of record has been through someone keying in data, scanning it, or maybe a materials handling system that scans, Wheeler, explains.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Design Software Optimization Software eCommerce 28

The Logistics Academy

JUNE 29, 2017

Every day, more data than we can imagine zings across that global conduit we call the Internet. Much of that data comes directly from devices, without human intervention. Drivers carry cell phones in their cars to feed GPS locations to a traffic information and navigation service, which uses the data to detect congestion.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 40

Logistics Bureau

AUGUST 21, 2016

That’s not to say that the following signs and symptoms are harbingers of disaster, but they should certainly prompt a distribution network design review, along with a modeling exercise to check if your outbound supply chain is maintaining that all-important balance between cost and service. How to Act on Network Design Warning Signs.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Design Distribution Networks 40

Logistics Bureau

OCTOBER 2, 2016

Along with the design of supply chain strategy, the design of the supply chain itself, especially the part which deals with outbound distribution from plants or warehouses, is instrumental in the success or failure of businesses. SEE ALSO: Supply Chain Strategy Development. Supply Chain Network Design.

Supply Chain Design Software 99

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

247 Customs Broker

OCTOBER 1, 2018

This new offering, entitled Watson Supply Chain Insights, monitors various aspects of a shipper’s supply chain operations, and IBM said that Watson is able to incorporate weather data, traffic reports, and regulatory reports to offer up a complete outlook for global supply chain issues.

Supply Chain Design Software 28

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 28

Automotive Logistics

APRIL 3, 2018

What is crucial right now for the European region is that we are launching a new vehicle from Ghent and so we need to secure enough truck capacity inbound and outbound to support growth. There is room to improve real-time management and we have plans for inbound and outbound. However, there is a shortage of truck capacity and drivers.

Supply Chain Planning Software 31

Supply Chain Planning Software Supply Chain Design Software Modeling Software Material Savings 31

Logistics Bureau

JANUARY 1, 2025

ABC System: A cost management system that maintains operational and financial data relating to an organisations activities, resources, objects, drivers, and measures. In EDI data standards this is referred to as an 856 transaction. It is upon such systems that ABC models are generated and maintained. Demand Satisfaction Rate.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 76