Logistics Viewpoints

JANUARY 13, 2022

American Supply Chain Resilience Act and the German Supply Chain Act are just two examples of this. Carrying out such design exercises on a frequent basis allows for organizations to pivot quickly to either tackle disruptions or to take advantage of opportunities.

Supply Chain Design Software 160

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 160

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

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

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

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 156

Scenario Planning Supply Chain Planning Software Sourcing Strategies Optimal Sourcing 156

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 118

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 118

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

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 99

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 99

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 91

Supply Chains How To Scenario Planning Cost Reduction 91

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 156

Supply Chain Planning Software Supply Chain Software Supply Chains Negotiating Skills 156

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

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 71

Inventory Reduction Inventory Logistics Network Optimization Software Cost Reduction 71

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

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 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

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 102

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 102

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 116

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 116

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

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

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

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

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 106

Production Inventory Reduction Cost Reduction Resource Reduction 106

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 61

Resource Reduction Cost Reduction Supply Chain Planning Software Networks 61

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 80

Supply Chain Planning Software Supply Chain Software Supply Chains Material Savings 80

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. IT vendor Dell, for example, handles requests for returns via its support organisation.

Reverse logistics 62

Reverse logistics Cost Reduction Vendor Strategies Inventory Reduction 62

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 108

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Scenario Planning 108

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 61

Capacity Price Reduction Sourcing Strategies Cost Reduction 61

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 115

Supply Chain Planning Software Scenario Planning Operations Supply Chain Design Software 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

JANUARY 7, 2020

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. . Mini Case Study: Walmart.

Supply Chain Design Software 131

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 131

Logistics Bureau

JANUARY 9, 2019

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. Mini Case Study: Walmart.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 118

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

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. Salesforce.com is a perfect example of enterprise mobility. mōˈbilədē/. noun: mobility.

Supply Chain Design Software 54

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

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 63

Logistics Government Packaging Exercises 63

Automotive Logistics

APRIL 15, 2019

Many early examples have focused on warehouse management and product picking, but, as the technology improves and the range of products on the market increases, there is some evidence that the use of this technology could go much further. . Here, the market must provide new models to solve these problems.

Supply Chain Design Software 54

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

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 50

Reverse logistics Vendor Strategies Logistics Network Optimization Software Inventory Reduction 50

Shipping and Freight Resource

MAY 24, 2020

The research using a financial modelling exercise showed that the processing costs for a paper bill of lading were 3 three times much as an eBL processing and that the actual process cost for a single BL can vary widely. The e-AWB is now the norm rather than the exception among air carriers.

Modeling Software 92

Modeling Software Cost Reduction Negotiating Skills Resource Reduction 92