AIMMS

FEBRUARY 1, 2021

To do this, we built two representative models of a business. While businesses differ in complexity and size, for this exercise we extrapolated based on these $7.5Bn baselines. While businesses differ in complexity and size, for this exercise we extrapolated based on these $7.5Bn baselines. ” – Tweet this.

Supply Chain Design Software 116

Supply Chain Design Software Supply Chain Software Supply Chain Design Optimization Software 116

GlobalTranz

JANUARY 21, 2015

Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. Vendor Managed Inventory Model for Supply Chain Cost Reductions. This example, the pencil, is already a high value item). What is Value Analysis?

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

Bringg

AUGUST 16, 2018

This new subscription model has proven extremely successful in other industries. The best example is probably Amazon Prime, with the company announcing early this year that they now have over one hundred million subscribers worldwide. However, can this strategy be sustainable and profitable in the long term?

Expense Reduction 72

Expense Reduction Cost Reduction Purchasing Skills Exercises 72

Logistics Bureau

MAY 31, 2021

For example: Compared to selling a product in-store, the cost to deliver that same item as a small parcel can be several times higher. The above examples reflect costs that include picking, packing, and last-mile delivery. The list above is not exhaustive but merely provides some notable examples of cost drivers.

Cost Reduction 117

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 117

Logistics Bureau

OCTOBER 4, 2024

Examples of Vertical Integration To illustrate these drivers a bit more comprehensively, let’s look at a few examples of companies that have either started out with a vertically integrated structure, or have become more vertical via mergers or acquisitions. What Makes Vertical Integration Strategies Attractive?

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Software Supply Chains Material Savings 91

Logistics in War

FEBRUARY 23, 2019

Behind every major warfighting exercise, such as the recent Exercise Talisman Sabre or the successive multinational exercises underway in Europe , the logistics system is tested. Furthermore, because of its routine nature the costs of maintaining preparedness can be more easily determined than other models.

Modeling Software 48

Modeling Software Scenario Planning Military Exercises 48

Logistics Bureau

OCTOBER 29, 2020

Suppose you wanted to be the fastest runner in the world, for example. This is where the SCOR model can be a big help, because it defines formal, structured ways of capturing data, which can then be stored in a database to provide a better guarantee of accuracy. Those levels are “benchmarks”. Using SCOR to Benchmark the Supply Chain.

Supply Chains 81

Supply Chains How To Scenario Planning Cost Reduction 81

AIMMS

FEBRUARY 1, 2021

To do this, we built two representative models of a business. While businesses differ in complexity and size, for this exercise we extrapolated based on these $7.5Bn baselines. While businesses differ in complexity and size, for this exercise we extrapolated based on these $7.5Bn baselines. ” – Tweet this.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Software Supply Chain Design Network Optimization Software 62

Logistics Viewpoints

MAY 25, 2023

The mathematical models underlying generative AI are statistical sentence completion machines that compose content based on probabilities, not understanding, context, and empathy. I’ve seen our own R&D team test some very cool applications and have been following the news closely in search of other examples relevant to supply chain.

Supply Chain Planning Software 155

Supply Chain Planning Software Supply Chain Software Supply Chains Negotiating Skills 155

The Lean Thinker

OCTOBER 8, 2019

If you are in R&D this is an even more direct application back to Menlo’s model. Then develop training experiences and exercises that they believe will allow the learner to pass the test. As in the example above, a target condition should also be testable. Training = Giving People Ability.

Buyer Training 210

Buyer Training Optimization Software Modeling Software Optimization Modeling 210

SYSPRO Smarter ERP

JANUARY 19, 2022

For example, one of the main problems with Asian-US trade is that all container ship deliveries are now routed to the West Coast, even though the bulk of America’s manufacturers are based on the East Coast. The supply chain of the future will not use the business models which are currently in place. Use data to improve operations.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 105

Logistics Viewpoints

JUNE 28, 2024

The information the companies gather could, for example, allow managers to receive information about unexpected frost harming cherry production or information about harvesting delays, which could result in inventory changes. The robots will be put to the test, carrying boxes of items while simultaneously navigating around other coworkers.

Purchasing Skills 128

Purchasing Skills Logistics Network Optimization Software Waste Reduction Price Reduction 128

Logistics Bureau

OCTOBER 19, 2020

Suppose you wanted to be the fastest runner in the world, for example. This is where the SCOR model can be a big help, because it defines formal, structured ways of capturing data, which can then be stored in a database to provide a better guarantee of accuracy. Those levels are “benchmarks”. Using SCOR to Benchmark the Supply Chain.

Supply Chains 62

Supply Chains How To Scenario Planning Cost Reduction 62

PINC

AUGUST 31, 2020

Carriers have options and they are exercising them in search of margins.”. When fuel costs go down, the savings are often passed along to the shipper via a fuel cost component that carriers build into their own pricing models. Fuel costs. These fluctuations can directly impact carrier lane pricing.

Price Reduction 69

Price Reduction Cost Reduction Modeling Software Exercises 69

Logistics Bureau

APRIL 3, 2023

So, for example, outsourcing sales activity is not typically a good idea if yours is a retail sales company. For example, US-based companies may be quite fortunate if they have access to manufacturers right on their doorstep in Mexico, a country with far lower labour costs than the rest of North America.

Outsourcing 89

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 89

Material Handling and Logistics

DECEMBER 14, 2018

The techniques require different degrees of sophistication, but even the relatively simple exercise of putting data from different sources in the same space and producing a visual representation can suggest strategies for transformation. to anticipate conditions that signal an emerging demand spike.

Supply Chain Software 166

Supply Chain Software Optimal Sourcing Supply Chains Sourcing Strategies 166

Talking Logistics

SEPTEMBER 4, 2018

Example A: Fashion Retailer – Business Strategy is short life cycle products. Example B: Supermarket Retailer – Business strategy is to have low cost to compete effectively. Example C: Oil & Gas – Products and services are diverse. Hence following so-called industry trends may not always yield targeted results.

Inventory Reduction 70

Inventory Reduction Inventory Logistics Network Optimization Software Cost Reduction 70

Logistics Bureau

NOVEMBER 14, 2018

Thus, if you find out that an expensive transport solution (courier for example) is routinely being used to deliver a low margin product to a customer, you’ll understand that much better if the end result for you turns out to be a loss. Cost to Serve data and modeling benefits are sometimes deceptively simple. Returns management.

Purchasing Skills 90

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 90

Logistics Business Magazine

DECEMBER 11, 2022

For example, a big-box retailer that started to build out its pickup services, it delivery services, and so on, so that when the world pivoted, and stores were closed, but people still wanted this retailer’s products, it already had all of that investment there. Circularity could change business models.

Supply Chain Planning Software 58

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 58

Logistics in War

APRIL 9, 2020

Those who were intimately involved in the redeployment of Australian combat elements from Afghanistan in 2013 will have no troubles in citing examples of huge stockpiles of stuff that were created through over ordering, poor stock management, risk adverse planning and a failure to recognise changing security conditions.

Supply Chain Planning Software 81

Supply Chain Planning Software Military Exercises Logistics Network Optimization Software 81

Talking Logistics

NOVEMBER 1, 2018

New business models and delivery services. For example, companies are changing their delivery strategies based upon peak and slow seasons, or even the weather to best serve customers and keep their costs in line. For most, re-routes are a painful and time-consuming exercise. Your company went through a merger.

Resource Reduction 60

Resource Reduction Cost Reduction Supply Chain Planning Software Networks 60

Logistics Bureau

JULY 18, 2022

For example, you don’t want to assume that a single logistics strategy and service approach will meet all your customers’ needs. Ideally, though, evaluating your position against competitors should not solely be a KPI benchmarking exercise. Network modeling and optimisation software. It may do, but how do you know?

Inventory Reduction 108

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 108

Logistics Bureau

DECEMBER 19, 2022

Slotting a warehouse product is the same, for example, as placing your umbrella close to your front door at home, so it’s easy to pick it up and run when it’s raining, and you’re late for work. It also stands to reason that when you undertake a slotting exercise, you should think about it from the perspective of these activities.

Production 93

Production Inventory Reduction Cost Reduction Resource Reduction 93

FourKites

JANUARY 7, 2021

The COVID pandemic may have been an extreme example of what can go wrong, but it also underscored the importance of planning and decision-making in the event of sudden disruptions that upend the normal working of the complicated modern supply chain apparatus. How to Create an Agile Supply Chain Model.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 52

FreightWaves SONAR

JUNE 5, 2023

In this blog post, we’ll walk through some of the obstacles to medium-term demand planning, consider how high-frequency supply chain data can help fill the informational gaps that companies are grappling with, and then look at a real-world example of how the data in FreightWaves SONAR can give insight into the goods economy.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Data Freight 52

Logistics Business Magazine

NOVEMBER 23, 2022

According to the model, manufacturers can also benefit. In the model proposed by the UK government, eligible businesses in freeports will enjoy a range of tax incentives not available at a national level, such as enhanced capital allowances, relief from stamp duty and employer national insurance contributions for additional employees.

Logistics 66

Logistics Government Exercises Packaging 66

The Lean Thinker

AUGUST 31, 2022

Our operating system) is, by our own model, the “Operational Excellence” pillar of (our business system). Thus, focusing on implementing the tools of TPS (takt time, flow, pull, etc) outside of the immediate response and problem solving context is an exercise which expends energy and gains very little sustainable change.

Events 44

Events Modeling Software Workshop Buyer Training 44

Logistics Bureau

NOVEMBER 3, 2024

Mini Case Study: Walmart Walmart may be the most famous example of a company that has succeeded primarily because of a well-developed and aligned supply chain strategy. For example, supplier performance issues can cause problems with inventory, order fill; on-time delivery performance and customer-order lead times.

Supply Chain Design Software 82

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 82

Logistics Viewpoints

JULY 22, 2021

For example, forecasts are generated using the past three years of history, implicitly assuming history repeats. One off recommendations are made about facility locations (i.e., With over 30% of its revenues coming from new product launches, such dynamic reviews of the network and flows is becoming increasingly a necessity for the company.

Supply Chain Planning Software 160

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Scenario Planning 160

Talking Logistics

APRIL 6, 2017

While these approaches can certainly deliver a significant return on investment (ROI), other strategies that can positively impact their transportation network are often overlooked – for example, thinking more strategically about capacity.

Capacity 60

Capacity Price Reduction Sourcing Strategies Cost Reduction 60

Logistics Business Magazine

JULY 15, 2020

Restrictions on free movement have impacted criminal “business models”. As restrictions on movement are lifted in the UK, stakeholders need to be ever more vigilant, exercising due diligence to ensure that they maintain security, in what is predicted to be a very active period of cargo theft.

Cargo 44

Cargo Supply Chains Exercises Disposal 44

Talking Logistics

JUNE 29, 2017

The first one arrived a few years ago when a growing number of companies started treating supply chain design as a continuous business process instead of a standalone project or a once-a-year exercise. As an example, a heavy equipment manufacturer used SupplyChainPlanning.com to create a collaborative planning app with its dealers.

Supply Chain Design Software 36

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 36

247 Customs Broker

JANUARY 24, 2019

Sherman was the first supply chain research director at AMR Research (now part of Gartner ), and helped develop the SCOR model and the Supply Chain Council. You have operations here and procurement over there and sales right here, for example. Sherman: While digitization is a technical exercise, digitalization is a business exercise.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chains Scenario Planning Optimal Sourcing 28

Logistics Bureau

AUGUST 1, 2022

So, for example, the Head of Supply might be the Supply Chain Director, Supply Chain Manager, or another non-executive supply chain management specialist. For example, several sales and operations planning models exist, including those credited to Tom Wallace and Oliver Wight. The Supply Chain Head. The Executive Sponsor.

Supply Chain Planning Software 106

Supply Chain Planning Software Scenario Planning Operations Supply Chain Design Software 106

Logistics Business Magazine

AUGUST 7, 2019

Companies like Einride, for example, provide fully-autonomous electric vehicles which are already starting to be installed and commercially operational. “They are the in-all solution to the concerns over the driver shortage and they can save big bucks for logistics service providers.” This future is already here. How can you compete?

Modeling Software 28

Modeling Software Logistics Network Optimization Software Operations Supply Chain Software 28

Logistics Bureau

JULY 18, 2018

Looking to real-life examples for inspiration, we can ask, ‘Who does reverse logistics well?’ ’ Companies like Sears, Dell, and Zappos are often pointed to as models to follow for reverse logistics. IT vendor Dell, for example, handles requests for returns via its support organisation.

Reverse logistics 49

Reverse logistics Vendor Strategies Logistics Network Optimization Software Inventory Reduction 49

Supply Chain Brain

MARCH 26, 2018

For most of human history, the success of that exercise has rested on the appointed seer’s years of experience, coupled with some indefinable grasp of probability. So a workable automated system will have the capability to weed out those parameters that don’t make sense — for example, a material that is prohibited in key markets.

Optimal Sourcing 40

Optimal Sourcing Production Optimization Software Supply Chain Design Software 40