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Inventory Management vs. Warehouse Management

The Logistics of Logistics

So, as an example, the IMS tracks and reports that there are 30 widgets in Warehouse A, 25 in Warehouse B, 48 in Manufacturing Plant A, and so on. The first is what may be called “soft inventory allocation,” which means as orders are placed, the system will reserve the needed quantities of inventory in each node (warehouse, etc.)

Inventory 273
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Getting Started with AI in Supply Chain

Logistics Viewpoints

Consider a planner in Brazil working with the previous lead time prediction example, who has forgotten how to update the parameters. Sometimes hilarious examples of its “hallucinations” illustrate its failure to understand ( My Dinners with GPT-4 by Justin Smith-Ruiu is one of my favorites).

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The 3 Pillars of Supply Chain Management (And Why Their Alignment Matters)

Logistics Bureau

For example: Alignment of strategy and cost leads to happy shareholders. As an example, let’s say that as a part of its customer service promise, your company guarantees its customers that they will receive their orders within 24 hours. Why does the C-suite want the three pillars aligned?

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Excel Goes Blockchain (Microsoft and IBM Partnership)

Talking Logistics

With so many people revising the document and so many emails going back and forth, it’s nearly impossible to keep track of the changes made, who made them, and which attachment is the most current version. We’re taking people off the email copy list and making them nodes on the blockchain,” explained Lars Ulrich from IBM. “The

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Private Blockchains Could Hurt the Shipping and Logistics Industry

Shipchain

The Ethereum network helps you validate your transactions and shipments, and the entire community verifies every node. A good example of the limitations of private blockchains is seen in Electronic Data Interchange (EDI), a system for communicating documents like shipments, purchase orders, and returns between partners.

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How to Successfully Implement a Transportation Management System

Talking Logistics

The cost saving and service improvement benefits of a transportation management system (TMS) are well documented. Geoff says you still have to do the requirements document and set priorities, but it’s important to get the right people involved. What are the key ingredients to a successful TMS implementation?

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Why is o9 Solutions Growing So Fast?

Logistics Viewpoints

A graph database stores nodes and relationships instead of tables, or documents. For example, for a yogurt company, decision of where to ship a short lifecycle product coming out of a factory is done daily because “demand can shift in very short time frames.” Gottemukkala asserts.