Logistics Viewpoints

OCTOBER 21, 2021

Pop up warehouses, micro fulfillment centers, and warehousing-on-demand are all examples of how the nodes are becoming increasingly dynamic. For the longest time modeling and designing such nodes, modes, and flows has been the realm of Supply Chain Design. Design can help test such ideas before implementing changes to the master data.

Supply Chain Design Software 105

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 105

Material Handling and Logistics

DECEMBER 14, 2018

Forward-thinking supply chain professionals are looking to advanced technologies to streamline processes, improve accuracy, accelerate delivery and reduce costs. Today’s supply chains are increasingly complex, driving logistics operations to invest billions in systems to manage all the moving parts.

Supply Chain Software 166

Supply Chain Software Optimal Sourcing Supply Chains Data 166

Logistics Viewpoints

MAY 26, 2022

This is not a continuous improvement exercise, but a matter of survival as greater unpredictability prevails in our markets, continually taxing resources, and challenging forecast accuracy on both the demand and supply sides.

Supply Chain Software 135

Supply Chain Software Optimal Sourcing Supply Chain Design Software Logistics Network Optimization Software 135

Logistics Bureau

DECEMBER 6, 2024

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. A well-implemented reverse logistics system is essential for managing these backward movements efficiently.

Reverse logistics 74

Reverse logistics Cost Reduction Vendor Strategies Inventory Reduction 74

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

Logistics Viewpoints

AUGUST 1, 2024

Top Challenges Faced by Companies: Customer Preferences: Example: An online fashion retailer faces the challenge of constantly changing customer preferences. Supply side shifts: Example: A global coffee manufacturer experiences disruptions due to a natural disaster affecting one of its key suppliers in Brazil due to dry weather.

Supply Chain Design Software 126

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Scenario Planning 126

AIMMS

FEBRUARY 1, 2021

We often get asked what kind of return on investment you should expect to see when using our network design technology. 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. ” – Tweet this.

Supply Chain Design Software 62

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

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. It was a strategic/tactical analysis, disconnected from day-to-day operations, and the software tools were difficult to learn and use.

Supply Chain Design Software 43

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 43

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

JULY 22, 2021

More recently the technology has evolved to a point where such processes can be conducted at a faster cadence than a typical monthly cadence that was the norm. For example, forecasts are generated using the past three years of history, implicitly assuming history repeats. Does this mean at some point in time we move on from S&OP?

Supply Chain Planning Software 116

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

Logistics Viewpoints

AUGUST 15, 2024

By modeling these potential disruptions, it becomes possible to understand the impact and develop the right alternative response plans to mitigate the impact. The digital twin, for example, can be subjected to numerous stress tests that mimic real-world conditions and observe how different variables interact and impact the entire network.

Scenario Planning 124

Scenario Planning Supply Chain Planning Software Sourcing Strategies Optimal Sourcing 124

Logistics Viewpoints

MAY 25, 2023

But I’d like AI more to a magic trick, so allow me to direct your attention to the technology behind the curtain to highlight both its risks and its rewards and to share the essential leadership skills AI cannot provide. Models trained on human data reflect us, both our pride and our prejudice. The first is bias and misinformation.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Software Supply Chains Negotiating Skills 116

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. Step 4: Identify Enabling Technology Needs. Start with the Software.

Inventory Reduction 98

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 98

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 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

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 93

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 93

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 98

Production Inventory Reduction Cost Reduction Resource Reduction 98

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 98

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 98

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 85

Supply Chain Planning Software Military Exercises Logistics Network Optimization Software 85

Shipping and Freight Resource

MAY 24, 2020

BOLERO ( B ill O f L ading E lectronic R egistry O rganization) was launched in September 1999 as an electronic trade community to provide a common and open system for businesses to exchange trade data and documentation electronically without the involvement of paper. edoxOnline ; WAVE ; and.

Modeling Software 92

Modeling Software Cost Reduction Negotiating Skills Resource Reduction 92

Automotive Logistics

APRIL 15, 2019

In the automotive logistics sector, a number of vehicle-makers and logistics service providers have been prompted to investigate the potential of technology such as glasses or goggles that can overlay a heads-up display onto a normal view of the world. mpu_ad]Virtual training.

Supply Chain Design Software 54

Supply Chain Design Software Supply Chain Planning Software Modeling Software Supply Chain Software 54

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 Viewpoints

JUNE 28, 2024

Walmart announced that it will pilot agriculture technology with crop supply intelligence company Agritaskto get real-time information on crops and improve sourcing decisions around produce. UPS announced Sunday it plans to sell its truckload brokerage business Coyote Logistics to the technology-enabled brokerage RXO for $1.025 billion.

Purchasing Skills 115

Purchasing Skills Logistics Network Optimization Software Waste Reduction Price Reduction 115

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 55

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 55

Logistics Bureau

AUGUST 1, 2022

Often, in our experience, the problem is a human one… It’s not the data, not the process, not the technology, or the strategy, but the people. Pundits typically emphasize data and digital technology when proselytising for the S&OP concept. But what makes it so challenging to implement S&OP successfully? The Supply Chain Head.

Supply Chain Planning Software 98

Supply Chain Planning Software Scenario Planning Operations Supply Chain Design Software 98

Talking Logistics

APRIL 6, 2017

Shippers looking to make structural improvements within their logistics operations often immediately turn to more significant changes such as implementing new technology solutions or redesigning their distribution network in order to see the best return.

Capacity 72

Capacity Price Reduction Sourcing Strategies Cost Reduction 72

FourKites

JANUARY 7, 2021

To reach this point, organizations need to ensure that their people are not only trained to perform in the job but also equipped with the right tools and processes to bolster their chances of success. They invest in new technologies and data-driven processes that allow them to exercise precise control over the business.

Supply Chain Planning Software 52

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

Logistics Bureau

JANUARY 25, 2017

One person’s supply chain career might be focused on the specific area of freight forwarding, for example, whereas another person’s might encompass end-to-end operational management from raw materials management to customer invoicing. Systems to track supply forecasts and flows can be very sophisticated.

Negotiating Skills 75

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 75

GlobalTranz

DECEMBER 1, 2015

this exercise helps retain mobility in the damaged joints". An employee may upload a corporate presentation from his or her desktop PC to a cloud storage service, then access it from a personal iPad to show at a client site, for example. This is a world where all systems are connected. But, what does mobility exactly mean?

Supply Chain Design Software 54

Supply Chain Design Software Supply Chain Software Modeling Software Inventory Reduction 54

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

Logistics Bureau

JULY 21, 2017

For example, Wal-Mart is very clearly intent on providing consumers with the lowest prices, while Target offers “the better low-price shopping experience” Kmart though, is kind of stuck in the middle with no clear message to differentiate itself. Supply Chain Technology. A Long History of Supply Chain Strategy Misalignment.

Cost Reduction 68

Cost Reduction Inventory Reduction Price Reduction Vendor Strategies 68

Logistics Bureau

JANUARY 20, 2025

For example, you dont 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. For example: How much automation will you need in your warehouse(s)?

Inventory Reduction 40

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 40

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. Forecast demand better.

Reverse logistics 53

Reverse logistics Vendor Strategies Logistics Network Optimization Software Inventory Reduction 53

Logistics Bureau

MARCH 3, 2019

For example, if speedy delivery is a part of your service strategy (which is often the case in today’s on-demand environment), you will either need to locate your warehouses close to customers, or close to the facilities of your preferred carriers. For example, we need to know if we can get to the required level of packaging unit.

Supply Chain Design Software 103

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Scenario Planning 103

UL EHS- Sustainability

OCTOBER 31, 2019

Traditional training models address performance issues only when there is a lack of knowledge and skills. It is essential to determine reasons for the poor performance; this valuable exercise is a systematic, methodical evaluation that leads to an actionable strategy to yield improved employee performance outcomes.

Buyer Training 40

Buyer Training Optimal Sourcing Expense Reduction Cost Reduction 40

Logistics Business Magazine

AUGUST 7, 2019

“Autonomous trucks and drones are the 800-pound gorilla in logistics technology trends,” according to Adam Robinson from logistics company, Cerasis. Companies like Einride, for example, provide fully-autonomous electric vehicles which are already starting to be installed and commercially operational. This future is already here.

Modeling Software 28

Modeling Software Logistics Network Optimization Software Operations Supply Chain Software 28

Logistics Bureau

JANUARY 30, 2017

Supply chain mistakes like the five common examples I’m about to reveal , all have the potential to handicap business performance—which is why your company should avoid them (or address them if it’s too late for avoidance). Inadequate technology tools used to support the process. A Lack of Freight-cost Knowledge.

Supply Chain Design Software 67

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 67

The Logistics Academy

FEBRUARY 13, 2017

Jimmy Chen, Bucknell University: One trend is emphasizing the endless possibility of creating new logistics models. Because market demand keeps changing, students’ understanding of logistics should never be constrained by the common models they read in textbooks. We have different tools to incorporate these trends in our program.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 40