Logistics Viewpoints

FEBRUARY 28, 2022

Let’s start with a definition: any device that can perceive its environment and takes actions that maximize its chance of success at some goal is engaged in some form of artificial intelligence (AI). It is also worth pointing out, that based on this definition, not all forms of machine learning are particularly complicated.

Supply Chain Planning Software 182

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 182

Logistics Viewpoints

OCTOBER 18, 2022

In our first post on the use of gamification as an employee attraction and retention tool, we shared a short definition and dove a little deeper on two of the three pillars of gamification, personal pride and socialization. Leaderboards on any manner of metric are an easy example of competitive gamification.

Supply Chain Software 23

Supply Chain Software Logistics Network Optimization Software Picking Examples 23

Talking Logistics

SEPTEMBER 26, 2022

I have long argued that companies need to expand their definition of supply chain visibility. It goes well beyond tracking shipments, orders, inventory, and assets in motion.

Supply Chains 88

Supply Chains Freight Definition Inventory 88

The Lean Thinker

DECEMBER 9, 2022

The work also met every definition of “difficult, dirty and dangerous.” When “trams” (coal carts) were in short supply, for example, the “trammers” would horde carts to optimize their team’s performance at the expense of other teams being limited by the number of carts available.

Modeling Software 259

Modeling Software Optimization Software Expense Reduction ERP 259

The Lean Thinker

MARCH 9, 2020

If you happen to order it, I get a small kickback, no cost to you, Just FYI. The story I cited above about inventory levels is a great example. I can make my defect rates improve by altering the definition of “defect.” The link to the image takes you to the Amazon listing for the book. The “rising tides” test.

Cost Reduction 195

Cost Reduction Price Reduction Inventory Reduction Material Savings 195

GlobalTranz

MAY 18, 2021

Examples include Tarps, dunnage, layovers, detention, etc. Interchange Agreement: Agreement and/or contract between two companies to switch or take control of a trailer in order to pick up and deliver shipments. companies in order to cross the border. Transportation Terminology Glossary of Terms.

Definition 62

Definition Logistics Network Optimization Software Transportation Modeling Software 62

Logistics Viewpoints

AUGUST 15, 2022

By ARC’s definition, when a business spend management solution is used for direct procurement it is an MSCN. For example, one of the key decisions that a manufacturer needs to make is should they continue to buy goods from one of their suppliers. For example, are you still a minority owned company?

Manufacturing Procurement 153

Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 153

Logistics Viewpoints

DECEMBER 9, 2024

But in the context of the Shippers Council, the shipper is the cargo owner (or BCO beneficial cargo owner), usually a manufacturer, who contracts with a logistics service provider (LSP), which, in the Councils definition, can be a transportation (land, sea, air) company, an express company, a forwarder, or a full-fledged 3PL.

Logistics Network Optimization Software 138

Logistics Network Optimization Software Survey Logistics Supply Chain Software 138

Blue Grace Logistics

SEPTEMBER 19, 2019

So in order to begin understanding transparency in the supply chain, we first need to define it. As it is with most problems there is a lack of a clear and concise definition, according to an MIT study which conducted a survey of the apparel industry only to find wildly different results. Understanding the Need Transparency.

Definition 48

Definition Supply Chain Design Supply Chains Manufacturing Procurement 48

Logistics Viewpoints

SEPTEMBER 13, 2023

C-Suite Themes For the C-Suite, there are three main themes where supply chains make a definitive impact: increased customer retention, revenue growth, and lower costs. A few examples of where connected ecosystems can make an impact are within sustainability, especially when it comes to measuring emissions, and perfect order delivery.

Supply Chain Planning Software 173

Supply Chain Planning Software Waste Reduction Optimal Sourcing Supply Chain Software 173

Logistics Viewpoints

MAY 3, 2021

Solutions that fall under the definition of SCCN would include EDI VANs (electronic data interchange value added networks), industry marketplaces, and collaborative supply chain applications that are built on public cloud architectures. EDI VAN providers offer a quick and effective way to connect with customers and suppliers.

Supply Chain Software 146

Supply Chain Software Supply Chains Manufacturing Procurement Optimal Sourcing 146

Conger

JULY 24, 2023

A Toyota diesel forklift with pneumatic tires Let’s start with a pneumatic tire definition. That said, polyurethane tires are generally found on lift trucks like order pickers , pallet jacks , and reach trucks (as opposed to sit-down rider forklifts ). For example, the curing process can take a couple of days.

Definition 52

Definition Cost Reduction Purchasing Skills Eliminating Excel in Purchasing 52

Now, That's Logistics

JANUARY 7, 2021

As part of that realignment, more companies required more warehouse space to accommodate the rush of e-commerce and other orders. According to WSJ , demand for large warehouses soared 51% during the first half of the year, with Amazon and other e-commerce providers requiring more and more space for processing, packaging, and shipping orders.

Sourcing Strategies 122

Sourcing Strategies Trends Manufacturing Procurement Logistics Network Optimization Software 122

Logistics Viewpoints

DECEMBER 7, 2021

E-commerce order volume keeps climbing, straining carrier capacity with shippers sending more parcels outbound and receiving more returns inbound. Consumer expectations for cheap and fast shipping continue to climb, and consumers increasingly want to order across borders , only compounding the problems. Manufacturers also adjusted.

Price Reduction 132

Price Reduction Cost Reduction Inventory Reduction Capacity 132

Ship Monk

JUNE 26, 2023

These problems can be alleviated with the right outsourcing partner to support your order fulfillment needs. There are many reasons ecommerce brand owners begin considering outsourcing order fulfillment. If you said yes, then it’s definitely a sign you’re ready to outsource. The answer is you wouldn’t.

Outsourcing 52

Outsourcing Ordering eCommerce Inventory Reduction 52

GlobalTranz

MAY 8, 2017

An order is placed by a consumer. This example generates a huge amount of data that can leverage in the supply chain. While this example may still be a few years off, it is important that you understand how the top emerging trends in automation will shape supply chains and transportation processes in the coming years.

Supply Chain Software 75

Supply Chain Software Supply Chains Automation Trends 75

The Lean Thinker

MARCH 23, 2023

During the war there was huge growth and turnover within the industrial base as production shifted from civilian products (locomotives, for example) to wartime production (tanks). Are you comfortable with this definition of “good supervision?” But to me , this is the very definition of compliance.

Buyer Training 195

Buyer Training Material Savings Course Optimal Sourcing 195

SYSPRO Smarter ERP

MAY 14, 2024

Keeping track of inventory and order management: Keeping track of inventory and managing orders across multiple channels are major challenges, particularly when existing systems are not equipped for real-time updates or integrated operations.

Manufacturing Procurement 110

Manufacturing Procurement eCommerce Supply Chain Planning Software Optimization Software 110

Ship Monk

JANUARY 11, 2024

Sunken costs: This includes the labor and packaging to fulfill the original order, plus shipping, insurance, duties, and any other fees. Disruption costs: Returns that aren’t handled properly can quickly pile up, interfere with order processing, cause inventory discrepancies, and take up costly warehouse space. the cost of goods sold).

Procurement Solutions 111

Procurement Solutions Inventory Reduction Supply Chain Planning Software Material Savings 111

ShipLilly

OCTOBER 14, 2020

One of the key components of a distribution network for any business is its strategic use of order fulfillment facilities. It is important to recognize the subtle differences between distribution and order fulfillment. The fulfillment center ensures that orders are completed according to the supplier’s specifications.

Distribution 98

Distribution Supply Chains Picking Ordering 98

Ship Monk

JANUARY 16, 2024

Let’s start with a few definitions. There are two basic types of inventory systems: A perpetual inventory system is a software-based system that integrates with an order management system and tracking technology to constantly monitor the flow of products in and out of a warehouse or fulfillment center.

Inventory Reduction 104

Inventory Reduction Inventory Supply Chain Software Logistics Network Optimization Software 104

Logistics Viewpoints

JUNE 29, 2021

I like the simplicity and clarity of Informatica’s definition of data quality: Data quality refers to the overall utility of a dataset(s) as a function of its ability to be easily processed and analyzed for other uses. So, what is quality data? What makes good data go bad? And what can you do to stop it before it’s too late?

Data 158

Data Supply Chain Design Software Supply Chain Planning Software Digital 158

Logistics Viewpoints

MARCH 9, 2023

Concurrent Optimization for Lower Total Cost to Serve Traditional planning systems operate within the scope of classical silo definitions: demand forecasting, inventory optimization, replenishment planning, production planning, materials planning, transportation planning, order fulfillment, etc.,

Supply Chain Planning Software 140

Supply Chain Planning Software Supply Chain Software Scenario Planning Optimization Software 140

Ship Monk

MARCH 11, 2024

And when we feel uncertain, humans tend to look for examples of what others in our situation have done. In this article we’ll explore the definition of social proof and its importance in influencing shopping decisions. In this article we’ll explore the definition of social proof and its importance in influencing shopping decisions.

eCommerce 105

eCommerce Logistics Network Optimization Software Case Study Procurement Solutions 105

Logistics Viewpoints

APRIL 15, 2021

In my Logistics Viewpoints article in January 2021, “ The New Definition of Supply Chain Agility and Resilience in an Unpredictable World ”, I highlighted that modern supply chains must be built on a foundation of extreme agility and responsiveness. The Crucial Role of Trading Partners. At SodaStream, which provides 1.5

Supply Chain Planning Software 164

Supply Chain Planning Software Supply Chain Software Supply Chains Digital 164

ShipLilly

AUGUST 29, 2020

Order fulfillment is a much more complex and involved process than merely stacking up products in neat piles for delivery. Others opt to fulfill their own orders. Nevertheless, the standard protocols follow a similar process: Receiving orders : At this point, e-Commerce sales channels become integrated with warehouse systems.

Packing 98

Packing Picking Inventory Reduction Material Savings 98

Logistics Viewpoints

MARCH 4, 2021

Accurate and timely reconciliation of purchase orders with receipts. Examples of building intelligence in your processes: Automating product segmentation based on multiple dimensions including revenue, demand variability, supplier lead-times to manage different service level targets. Having accurate stock-out data.

Supply Chain Planning Software 166

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 166

Talking Logistics

JULY 24, 2017

When a truck [and the orders within it] leaves my dock, where is it now? There are multiple sub-metrics that go into OTIF, but real-time freight visibility is definitely a component of it.”. But where the biggest black hole has been, traditionally, is in-transit visibility.

Freight 0

Freight Supply Chain Software Logistics Network Optimization Software Supply Chains 0

Logistics Viewpoints

NOVEMBER 28, 2022

Definitions of agility, resilience, visibility, and end-to-end collaboration are all very much tied together. For example, if a company had built up safety stock, and the inbound supply of components needed to make a product is disrupted, the company can still respond to customer demand without breaking a sweat.

Supply Chain Planning Software 133

Supply Chain Planning Software Scenario Planning Optimal Sourcing Manufacturing Procurement 133

Ship Monk

MARCH 14, 2023

And if you answered no to these questions and are an ecommerce business owner, definitely keep reading because profits and planet preservation can go hand in hand! Example: a bicycle is more eco-friendly than a sedan, but a sedan is more eco-friendly than a Hummer. What is Eco-Friendly Packaging?

Material Savings 52

Material Savings eCommerce Packaging Ordering 52

Ship Monk

MARCH 14, 2023

And if you answered no to these questions and are an ecommerce business owner, definitely keep reading because profits and planet preservation can go hand in hand! Example: a bicycle is more eco-friendly than a sedan, but a sedan is more eco-friendly than a Hummer. What is Eco-Friendly Packaging?

Material Savings 52

Material Savings eCommerce Packaging Ordering 52

SYSPRO Smarter ERP

JUNE 21, 2022

There are many causes, for example, container ships from Asia are now too large to traverse the Panama Canal (20 years ago they were not), so they offload on the West Coast of the United States and are compelled to truck all goods to the East Coast. The AI, for example, should flag any orders that are way beyond the normal demands. .

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Software Supply Chains Optimization Software 105

Logistics Viewpoints

APRIL 24, 2023

The supply chain design solution, for example, continues to grow in depth and usability. Initially, this product will focus on the purchase order (PO) acceptance process. Then the delivery of those widgets to the buyer is tracked along with whether the order promise was met. Coupa meets this definition.

Supply Chain Design Software 139

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 139

MTS Logistics

OCTOBER 4, 2023

For example, the New York Times is out with a new article on wind energy and how it can help shipping in the near future as climate change becomes a major focus. According to a Cargill executive profiled in the Times, the turbines can reduce fuel usage by 3 tons per day, which definitely makes an impact on emissions.

Definition 78

Definition Article Cost Reduction Events 78

Ship Monk

JANUARY 8, 2024

Definitely not. For example, if milk wasn’t FDA-certified you wouldn’t have verification that the cows producing it are healthy. For example, Coffee, Food for Animal Consumption, and Cosmetics are all different category types. Exaggeration?

eCommerce 104

eCommerce Food and Agriculture Temperature Compliance 104

EazyStock

JULY 22, 2021

But first – let’s get a definition: What is inventory demand forecasting? Below is an example of the different demand factors that can impact or inflate your normal base demand. For example, in the growth phase, the trend in demand will be upwards, while in the decline phase, the trend will reverse. Inventory Demand Trends.

Inventory Reduction 105

Inventory Reduction Inventory Optimization Software Procurement Solutions 105

GlobalTranz

DECEMBER 11, 2014

In this series, we will first talk about how EDI in transportation works and what it is, covering the history of EDI in transportation, the definition, how it works technically, and then some common EDI codes used within the transportation industry. the Order Management System) and processing can begin immediately.

Data 105

Data Transportation Document Inventory Reduction 105