Logistics Bureau

DECEMBER 22, 2024

Once a given KPI shows that performance consistently meets or exceeds the required level, you can raise the bar and set a higher target. Identify top products and ensure you have enough stock on hand to meet sudden surges in sales. With KPIs, less is definitely more. Use weekly, monthly, and year-on-year data for your analysis.

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

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 140

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 140

Logistics Viewpoints

AUGUST 7, 2023

Not even soda bottles, one of the most common items thrown into recycling bins — meets the threshold to be called “recyclable” according to standards set by the Ellen MacArthur Foundation New Plastic Economy Initiative. The research is not definitive. Plastic must have a recycling rate of 30% to reach that standard.

Procurement Analytics 95

Procurement Analytics Purchasing Skills Waste Reduction Cost Reduction 95

Logistics Viewpoints

DECEMBER 1, 2022

The verdict would have been “definitely nailed it” if we were counting all of the “ML-washing” going on in the supply chain and logistics technology market. What better way to do it and make customers happier? Theme 5: Machine learning (ML) will go mainstream in supply chain technology. Pretty much nailed it.

Cost Reduction 109

Cost Reduction Resource Reduction Supply Chain Planning Software Logistics Network Optimization Software 109

Logistics Viewpoints

APRIL 24, 2023

Coupa meets this definition. What seems to be meant by many vendors is that their solution is a platform because they offer development tools that allow their customers or partners can use to build extensions to their solutions. Often these solutions can then be sold in a vendor’s application marketplace.

Supply Chain Design Software 104

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 104

Logistics Bureau

DECEMBER 23, 2024

Many companies use outsourcing to meet their product demand, even if they don’t use it for their entire supply chain operation. The logistics industry has changed over the last decade, with outsourcing emerging as a cornerstone of a modern supply chain strategy.

Outsourcing 75

Outsourcing Supply Chains Cost Reduction Price Reduction 75

Logistics Viewpoints

FEBRUARY 23, 2023

Polycrisis” was the talk of Davos at the recent meeting of the World Economic Forum, which defines it as “…a term used to describe the current global situation, where multiple complex, interconnected crises are occurring simultaneously.” And the true secret sauce to excellence is to fold in systems thinking and organizational learning.

Supply Chain Planning Software 106

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Digital 106

Logistics in War

MARCH 11, 2025

Most of our partners declare their own paucity in strategic mobility capacity which suggests that even if our future conflicts are shared, we might still need to invest heavily in order to meet our own requirements.

Military 54

Military Operations Logistics Network Optimization Software Supply Chain Planning Software 54

Logistics Bureau

JANUARY 1, 2025

Best Practice: A general business term, but often used in supply chain and logistics management, best practice refers to a way of performing a process or activity, or meeting a specific objective, that is widely recognised as an optimal approach. Logistics: The activities involved in positioning resources to meet user requirements.

Supply Chain Planning Software 76

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

Logistics Bureau

DECEMBER 28, 2024

On the other hand, a number of pundits still consider logistics outsourcing to be an emerging industry, with estimates that as much as 50 percent of such outsourcing ventures fail to meet expectations. The partnership may start off with the best intentions, but something somewhere isnt working like it should.

Outsourcing 70

Outsourcing Logistics Network Optimization Software Supply Chain Planning Software Cost Reduction 70