Logistics Viewpoints

FEBRUARY 28, 2022

Machine Learning, a Form of Artifical Intelligence, Has Feedback Loops that Improve Forecasting. Further, while artificial intelligence helps solve certain types of problems, Jay Muelhoefer – the chief marketing officer at Kinaxis pointed out – optimization and heuristics work better for other types of planning problems.

Supply Chain Planning Software 142

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 142

3PL Links

DECEMBER 10, 2024

Image source: iStocks | What is LTL Shipping and How Does it Work? This article will provide a detailed reference to LTL shipping, including the definition of LTL, shipping prices, delivery method, and how to manage your LTL shipment to the fullest. How to optimize LTL shipping? What is LTL freight?

Optimal Sourcing 62

Optimal Sourcing Purchasing Skills 3PL Price Reduction 62

Logistics Viewpoints

AUGUST 29, 2023

These freight savings can be attributed to simulation and network design, load consolidation and lower cost mode selections, and multi-stop route optimization. ARC’s definition of TMS is freight centric. As freight costs have continued to rise, companies have looked more and more to their TMS to mitigate these rising costs.

Optimal Sourcing 111

Optimal Sourcing Optimization Software SAP Modeling Software 111

Logistics Viewpoints

JANUARY 29, 2025

It adopts the International Labor Organizations definition of forced labor and mandates the European Commission to release compliance guidelines by June 2026. Businesses will need to ensure accurate data reporting across core operations such as sourcing, procurement, and transactions. from Canada and Mexico.

Compliance 111

Compliance Supply Chain Planning Software Study Supply Chain Software 111

Logistics Viewpoints

MARCH 29, 2023

These freight savings can be attributed to simulation and network design, load consolidation and lower cost mode selections, and multi-stop route optimization. ARC’s definition of TMS is freight centric. As freight costs have continued to rise, companies have looked more and more to their TMS to mitigate these rising costs.

Optimal Sourcing 111

Optimal Sourcing Optimization Software Transportation SAP 111

Logistics Viewpoints

AUGUST 30, 2023

These freight savings can be attributed to simulation and network design, load consolidation and lower cost mode selections, and multi-stop route optimization. ARC’s definition of TMS is freight centric. As freight costs have continued to rise, companies have looked more and more to their TMS to mitigate these rising costs.

Optimal Sourcing 105

Optimal Sourcing Optimization Software SAP Modeling Software 105

Locus

JUNE 2, 2023

The main objectives of inbound logistics are to ensure timely and efficient delivery of materials to support production processes, optimize inventory levels, minimize costs associated with transportation and storage, and maintain good relationships with suppliers. Focus Procurement, receiving, storage, and inventory management.

Optimal Sourcing 52

Optimal Sourcing Outbound Optimization Software Inbound 52

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. One type of solution is business spend management.

Manufacturing Procurement 125

Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 125

Logistics Viewpoints

NOVEMBER 29, 2023

ARC’s definition of omni-channel fulfillment is end-delivery centric. There are five major technologies included in the study: warehouse management systems (WMS), transportation management systems (TMS), distributed order management (DOM), inventory optimization/store replenishment, and demand planning.

Optimal Sourcing 130

Optimal Sourcing Optimization Software Logistics Network Optimization Software Sourcing Strategies 130

Logistics Viewpoints

MARCH 9, 2023

This is because most classical planning solutions lack the modeling capability and computing power to accommodate different data sources, large SKU count, and detailed constraints and contingencies to build an immediately executable plan. each with discrete plans generated typically in sequential batch runs.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Software Scenario Planning Optimization Software 115

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Supply chain planning involves interaction with different types of information based on internal and external data sources. This includes internal and external data sources.

Supply Chain Planning Software 116

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 116

CLX Logistics

FEBRUARY 22, 2024

Procurement management stands at the crossroads of technological innovation and strategic decision-making. As organizations strive to enhance operational efficiency, mitigate risks, and capitalize on emerging opportunities, the role of Artificial Intelligence (AI) and Machine Learning (ML) in procurement has become increasingly prominent.

Optimal Sourcing 52

Optimal Sourcing Procurement Supply Chain Software Negotiating Skills 52

Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. The cloud also allows access to Big Data, which greatly improves the platform’s ability to do machine learning. Coupa meets this definition.

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 111

Blue Grace Logistics

APRIL 26, 2019

In our March webinar, titled Time Definite Freight and Positive ROI , Brian Blalock, Senior Manager Sourcing Strategy, and Eric Chambers, Vice President, Field Performance at BlueGrace Logistics, discuss the delivery method that is redefining the logistics landscape. What is Time Definite Freight? No, it is not.

Definition 48

Definition Inventory Reduction Cost Reduction Optimal Sourcing 48

Logistics Bureau

DECEMBER 28, 2024

As a general definition, a 3PL helps a company to get its offering, conceived in place A, into the hands of its customers in place B. The solution is to back up, figuratively speaking, to the general definition of the need and see how overall trends and developments in the world could make this need map onto other, different solutions.

3PL 74

3PL Trends Supply Chain Design Software Industry 74

AIMMS

SEPTEMBER 10, 2018

My team and I work on developing and furthering our supply chain and operations by providing a centralized analytical perspective – we work on improving fulfillment models, applying analytics, improving productivity and output at our warehouses, and optimizing our operations. Image source: Peapod.

Sourcing Strategies 89

Sourcing Strategies Supply Chain Software Supply Chain Design Software Optimal Sourcing 89

FreightWaves SONAR

MARCH 8, 2021

This means that the industry continues to move in the direction of improved shipping technology. The abundant data sources can make the process of assessing the market more difficult than necessary. Shippers and carriers should make more definitive decisions in selecting their data sources. Download the White Paper.

Sourcing Strategies 98

Sourcing Strategies Optimal Sourcing Sourcing Data 98

Logistics Bureau

NOVEMBER 3, 2024

The definition above is not from any textbook, but is simply one that I’m sure you’ll agree, describes a state of affairs that any corporate leader or business owner would be happy to arrive at. You may well find opportunities for savings and service improvements, perhaps enough to substantially improve the chances of business success.

Supply Chain Design Software 74

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 74

AIMMS

SEPTEMBER 10, 2018

My team and I work on developing and furthering our supply chain and operations by providing a centralized analytical perspective – we work on improving fulfillment models, applying analytics, improving productivity and output at our warehouses, and optimizing our operations. Image source: Peapod.

Sourcing Strategies 82

Sourcing Strategies Supply Chain Software Supply Chain Design Software Optimal Sourcing 82

SYSPRO Smarter ERP

MARCH 9, 2022

In 1990, technological research and advisory firm, Gartner, created the definition for enterprise resource planning (ERP) as: “an integrated suite of business applications. Many also extend to inventory management, order management, procurement, and production. Procurement can be a complex process in a manufacturing environment.

Supply Chain Planning Software 119

Supply Chain Planning Software Supply Chain Software ERP Manufacturing Procurement 119

Talking Logistics

JULY 17, 2018

Below is a comparison of 2017 vs. 2018 parameters for oversize shipments: Source: enVista. Overall, not only are fees increasing to $80 list for both carriers, but the definitions are tightening, and the minimum billable weight is changing (FDX). Improve Your Operations. Improve Your Operations. What Has Changed?

Negotiating Skills 108

Negotiating Skills Optimal Sourcing Packaging Definition 108

SYSPRO Smarter ERP

JANUARY 23, 2023

Once the data has been collected, it should be analyzed to identify areas where performance is good and areas where there is room for improvement. This analysis can help the company develop goals and measurable targets for improving ESG performance. So reporting ESG can improve an organization’s chances of attracting talent.

ERP 111

ERP Waste Reduction Optimal Sourcing Supply Chain Planning Software 111

Conger

MARCH 28, 2024

Introduction to Fleet Management Fleet Management Definition Businesses across all sectors depend on commercial vehicles to transport people and products daily from cross-country delivery services to your neighborhood gas and oil provider. This data identifies inefficiencies, optimizes maintenance schedules, and improves productivity.

Optimization Software 90

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 90

Logistics Viewpoints

AUGUST 13, 2024

The three steps in realizing the vision are 1) flexible, reconfigurable plant; 2) global manufacturing networks of flexible, configurable plants; 3) the integration of the previous step with digital, certified, encrypted product definitions. The result enables to make any product, any time in any location, with genuine product certificates.

Networks 124

Networks Manufacturing Procurement Industry Supply Chain Planning Software 124

Material Handling and Logistics

NOVEMBER 8, 2018

What, exactly, can 'digital transformation ' improve upon? The trouble with this definition is that it doesn’t explain what exactly changes in supply chain management—that is, what gets “transformed”—when digital technologies are adopted. Digital transformation can improve traditional forecasting methods in two ways.

Supply Chain Planning Software 134

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 134

Talking Logistics

DECEMBER 19, 2018

If you do an online search for “digital transformation definition,” you get about 133 million results, including the following examples: Digital transformation is the application of digital technologies to fundamentally impact all aspects of business and society (Source: InfoWorld ). Source: CIO ).

Digital 84

Digital Optimization Software Optimal Sourcing Logistics Network Optimization Software 84

SYSPRO Smarter ERP

MAY 14, 2024

Transitioning to a digital commerce platform that integrates with your ERP can enable you to meet customers’ self-service requirements, unlock new revenue sources, and deepen customer engagement and loyalty. Improving your rate of successful transactions bolsters margins and preserves customer goodwill.

Manufacturing Procurement 110

Manufacturing Procurement eCommerce Supply Chain Planning Software Optimization Software 110

Logistics Bureau

JUNE 14, 2021

Here at Benchmarking Success, we exist to help our customers improve supply chain performance. In either case, there’s no better time than the present to bring supply chain resilience into your portfolio of performance measures and set strategies in place to improve it. That trend was to be a drawback when the pandemic arrived.

Supply Chain Planning Software 85

Supply Chain Planning Software Optimal Sourcing Supply Chains Inventory Reduction 85

The Lean Thinker

MARCH 23, 2023

Job Methods, teaching the skill of analyzing work with an eye to improve efficiency. In many cases the material these current-day trainers use deviates very little from the source material. ” Anyone can take the source material, and with some practice and feedback, do a credible job delivering it.

Buyer Training 195

Buyer Training Material Savings Course Optimal Sourcing 195

Logistics at MPEPS at UPV

MAY 23, 2022

As an example, here we can see one: Source: [link]. When all these factors are in place, the following objectives should be met: Space optimization in the warehouse. Improve the flow of commodities and people information, also providing flexibility and facilities for the access and control of product units. Resources: [link].

Optimal Sourcing 52

Optimal Sourcing Definition Sourcing Strategies Manufacturing Procurement 52

Sabinext

JANUARY 15, 2021

Automation simply makes sense, as it goes hand in hand with labor cost savings, greater productivity, more flexibility, improved safety, and less errors. For the past decades, supply chain design prioritized cost optimization over resilience. Analytics & Real-Time Supply Chain Optimization. Sustainability.

Supply Chain Software 87

Supply Chain Software Supply Chain Design Software Supply Chain Design Supply Chains 87

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. Mr. Elenjickal focused on the three main areas where FourKites is looking to improve connections across supply chains: geos, teams, and ecosystems. According to Ms.

Supply Chain Planning Software 124

Supply Chain Planning Software Waste Reduction Optimal Sourcing Supply Chain Software 124

GlobalTranz

APRIL 22, 2015

Editor’s Note: Almost 14 months ago we wrote one of our most popular posts entitled, “ The History of Supply Chain and Logistics Management ” contained a bit of history, definitions, and a great infographic visually going through the history of supply chain and logistics management. What is a Logistics Framework?

Global logistics 134

Global logistics Material Savings Cost Reduction Supply Chain Planning Software 134

GlobalTranz

JULY 15, 2015

At Cerasis, a core value of ours is continuous improvement for not only our company, our clients, and employees, but through our blog and content to those who are related to what we do (transportation management) in the fields of manufacturing, supply chain, logistics, distribution, and transportation. These are all aspects of Industry 4.0.”

Manufacturing Procurement 132

Manufacturing Procurement Digital Supply Chain Design Software Modeling Software 132

Logistics Bureau

OCTOBER 12, 2024

For those procurement or Supply Chain executives in suitable organizations, there is an increasing number of uncertainties to manage, especially in today’s tough economic environment. Procurement consultants like ourselves are required to be highly creative and innovative to resolve the business issues across a broader management disciplines.

Cost Reduction 52

Cost Reduction Procurement Analytics Optimal Sourcing Procurement 52

GlobalTranz

JANUARY 30, 2015

When choosing a provider of this data you must first determine where the data they are providing is coming from, how the data is provided, and if the detail or summary of data is useful to make better business decisions or improve business practices. It is important to know who is providing the source data used to develop your KPIs.

Data 125

Data Transportation Optimal Sourcing Sourcing Strategies 125

Logistics Bureau

FEBRUARY 4, 2025

If youd like to improve your knowledge and understanding of lead time in the supply chain, youll find a wealth of information packed into this brief post, and learn why lead time management is essential to improve customer satisfaction, optimise your inventory, and reduce your supply chain costs. Why is lead time important?

Supply Chains 49

Supply Chains Manufacturing Procurement Inventory Reduction Scenario Planning 49