Logistics Viewpoints

JULY 22, 2021

As product flows rapidly shifted and hard baked assumptions about lead times and sourcing locations were put to test, users across many organizations bypassed their planning systems and turned to excel sheets, internal data science teams or non-traditional supply chain vendors who could deliver AI based solutions at a faster turn.

Supply Chain Planning Software 161

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Scenario Planning 161

Logistics Viewpoints

MAY 26, 2022

It’s time to focus on how we innovate and optimize our businesses and operations in this permanently altered world. There are lively debates about the meaning and prioritization of scale, globalization, outsourcing, and inventory optimization. Changes in our lives, economies and supply chains are ubiquitous and well embedded now.

Supply Chain Software 175

Supply Chain Software Optimal Sourcing Supply Chain Design Software Logistics Network Optimization Software 175

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. At its core, digital transformation is about using technology and data to change the way business operates rather than just improving it.

Supply Chain Software 166

Supply Chain Software Optimal Sourcing Supply Chains Sourcing Strategies 166

Logistics Viewpoints

SEPTEMBER 7, 2022

Becton Dickinson (BD) has been on a journey to improve visibility into their extended supply chain. Kevin Nelson, a chief procurement officer and senior vice president at BD, agreed to be interviewed on this topic. Mr. Nelson points out that it is possible for a sourcing problem deep in a supply chain to halt production for BD.

Supply Chain Software 137

Supply Chain Software Supply Chains Optimal Sourcing Procurement Solutions 137

The Lean Thinker

JULY 2, 2024

Nor did they talk about executive bonuses or using excess cash for stock buybacks to raise the price of outstanding stock rather than investing that money into developing new aircraft; improving existing products or processes; or distributing that profit as dividends to the shareholders. Continuous improvement as a way of life.

Supply Chain Design Software 397

Supply Chain Design Software Price Reduction Supply Chain Planning Software Optimization Software 397

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. Just a handful of optimization and operations research experts ran models of the network and made recommendations. Sustainability initiatives can benefit through optimizing the carbon footprint.

Supply Chain Design Software 127

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 127

SYSPRO Smarter ERP

AUGUST 22, 2022

Without the proper procurement, receipt and storage of the materials needed to carry out the business activity it is impossible for the metal fabricator to begin the manufacturing process or market its products. For example, a custom manufacturer may need a metal fabrication supplier to take on a design-to-order project.

Supply Chain Design Software 105

Supply Chain Design Software Manufacturing Procurement Optimization Software Optimal Sourcing 105

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. You may well find opportunities for savings and service improvements, perhaps enough to substantially improve the chances of business success.

Supply Chain Design Software 82

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

247 Customs Broker

MARCH 26, 2018

I was having lunch with a friend of mine who had recently conducted a transportation sourcing event. At first, he didn’t like my honest response: “Jim, you’re using a commodity-oriented procurement process for selecting your carriers and third-party providers. It’s focused on short term gains instead of long term ROI. Want proof?

Optimal Sourcing 28

Optimal Sourcing Sourcing Strategies Negotiating Skills Negotiate Pricing 28

WorkWave

AUGUST 22, 2024

Explore Different Suppliers Shopping around for flowers and supplies is crucial for any florist aiming to optimize cost efficiency. Diversifying suppliers not only reduces costs with retail prices but also diminishes reliance on a single source, safeguarding your business against price fluctuations and supply shortages.

Optimization Software 52

Optimization Software Cost Reduction Price Reduction Expense Reduction 52

Logistics Bureau

NOVEMBER 6, 2023

You’ll find no better way to gain that knowledge than with an energy audit to highlight where you can benefit from improvements. Of course, switching to more efficient lighting requires significant investment, especially if you choose induction lights, which are particularly expensive to procure.

Cost Reduction 109

Cost Reduction Purchasing Skills Waste Reduction Material Savings 109

Logistics Bureau

NOVEMBER 14, 2018

The challenge is to measure profitability to the right level of detail in order to see what works and what could be improved. It is inherently more useful than the top-level averaging approach of some enterprises, which fails to identify the real cost drivers and therefore the potential for improvement. Customer-specific services.

Purchasing Skills 90

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

Logistics Bureau

OCTOBER 10, 2024

Product slotting is a warehouse term that involves placing products in optimal locations within a warehouse to enhance operational efficiency. The main benefits we see are: Improved order picking efficiency. For example, what if you have a lot of fast-moving products? What is slotting? Reduce product damage.

Production 85

Production Inventory Reduction Cost Reduction Expense Reduction 85

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. You may well find opportunities for savings and service improvements, perhaps enough to substantially improve the chances of business success. . Procurement costs.

Supply Chain Design Software 123

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 123

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. You may well find opportunities for savings and service improvements, perhaps enough to substantially improve the chances of business success. Procurement costs.

Supply Chain Design Software 118

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

Talking Logistics

SEPTEMBER 4, 2018

Is it about optimization? 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. What is Inventory Management? Or is it about having no stock?

Inventory Reduction 70

Inventory Reduction Inventory Logistics Network Optimization Software Cost Reduction 70

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. The USDA has estimated that 30 percent of food loss occurs during agricultural production and harvest.

Purchasing Skills 130

Purchasing Skills Logistics Network Optimization Software Waste Reduction Price Reduction 130

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. Source: LLamasoft. The slide below provides an overview of SupplyChainPlanning.com: Source: LLamasoft.

Supply Chain Design Software 36

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

Sabinext

FEBRUARY 11, 2019

London, for example, accounts for 32 % of the UK’s national GDP produced by only 23 % of the population. Moving thousands of people and products effectively from A to B on a daily basis is an incredibly complex exercise, both financially and environmentally. The challenge of being too big to fail. Data-driven approach.

Optimal Sourcing 67

Optimal Sourcing How To Logistics Network Optimization Software Logistics 67

UL EHS- Sustainability

OCTOBER 31, 2019

But when organizations are unsure of the root cause of an operational issue, assigning employee training can offer dramatic insight and measurable data leading to enhanced performance, improved production and even internal cost savings. The real cause typically reveals itself quickly when you go directly to the source.

Buyer Training 40

Buyer Training Optimal Sourcing Expense Reduction Cost Reduction 40

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. That will be an essential step to help you understand your current supply chain capabilities and where they may need improvement to meet those customer expectations—and address key trends in supply chain management.

Inventory Reduction 108

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 108

SYSPRO Smarter ERP

JANUARY 19, 2022

Many businesses in the US, and elsewhere, were sourcing their componentry from China. 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. Use data to improve operations.

Manufacturing Procurement 105

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

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.

Supply Chain Planning Software 91

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

Logistics Bureau

NOVEMBER 20, 2023

So that’s the route we’re taking in this article, exploring the evolution of fleet route optimisation from a time-consuming pen-and-paper exercise to a high-tech process that, in some cases, can be completed in minutes. I guess that’s why we called it route planning and not route optimisation.”

Presentation 81

Presentation Optimization Software Logistics Network Optimization Software Optimal Sourcing 81

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

APRIL 4, 2022

Improved ability to predict and manage trends: After you’ve spent a while working with freight benchmarks, you’ll get a feel for the directions of seasonal rate fluctuations and other pricing trends. It will also make it easier to determine, for example, if you should opt for contract rates over spot rates or vice versa.

Negotiating Skills 83

Negotiating Skills Purchasing Skills Logistics Network Optimization Software Supply Chain Planning Software 83

Logistics Business Magazine

JUNE 11, 2024

This move will maximise operational efficiencies and significantly improve product and material handling. Furthermore, it has improved Palletower’s own sustainability efforts. For example, a lorry travelling 1995km from Rome to Birmingham produces 1,586KgCO2e compared to Shanghai which produces 1580KgCO2e over 19,374km distance.

Manufacturing Procurement 51

Manufacturing Procurement Sourcing Strategies Material Savings Expense Reduction 51

Logistics Business Magazine

NOVEMBER 24, 2022

One example is multi-shoring. With the geopolitical situation remaining tense and unpredictable and costs rapidly rising in some formerly ‘low cost’ regions such as Asia, it is getting harder for many Western businesses to justify a single sourcing strategy. There’s certainly room for improvement. Environment vs economics.

Trends 69

Trends Sourcing Strategies Transportation Cost Reduction 69

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. This alone will have a tremendous impact on the industry.

Supply Chain Planning Software 56

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 56

Logistics Bureau

OCTOBER 29, 2020

Suppose you wanted to be the fastest runner in the world, for example. It’s still just as important, though, if you want your business to improve, to know how you compare, and how good you have to be to be the best. Those levels are “benchmarks”. The first thing you’d want to know is “what is the benchmark?”

Supply Chains 81

Supply Chains How To Scenario Planning Cost Reduction 81

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. Do you have a resilient and “stress-able” routing guide?

Capacity 60

Capacity Price Reduction Sourcing Strategies Cost Reduction 60

Logistics Bureau

JULY 27, 2020

The diamond and gold, tea and coffee, beverage, food, and automotive industries all have participants with blockchain applications under test, operating as pilots, or implemented as digital solutions to improve supply chain operations. However, blockchain technology is improving the speed and efficiency of the activity.

Supply Chain Planning Software 83

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Tracking and Tracing 83

247 Customs Broker

JANUARY 24, 2019

You have operations here and procurement over there and sales right here, for example. Each has its own mission and is focused on optimizing results in its silo only. That makes optimizing the supply chain very difficult if not impossible. Let me offer a couple of examples. What’s that and why is it important?

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chains Scenario Planning Optimal Sourcing 28

Logistics Viewpoints

MAY 25, 2023

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. The first use case is MIT professor Yossi Sheffi’s idea for using generative AI to monitor all possible sources of risk for a given supplier to mitigate any disruptions.

Supply Chain Planning Software 157

Supply Chain Planning Software Supply Chain Software Supply Chains Negotiating Skills 157

Logistics Bureau

OCTOBER 19, 2020

Suppose you wanted to be the fastest runner in the world, for example. It’s still just as important, though, if you want your business to improve, to know how you compare, and how good you have to be to be the best. Those levels are “benchmarks”. The first thing you’d want to know is “what is the benchmark?”

Supply Chains 62

Supply Chains How To Scenario Planning Cost Reduction 62

Infosys Supply Chain Management

FEBRUARY 8, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. They expand into an analysis of revenue-accruing & cost-optimizing functions, and result in the identification of capabilities that the organization aspires to develop or enhance. Banking Suite.

Supply Chain Planning Software 34

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Supply Chains 34

Talking Logistics

JANUARY 11, 2019

Source: “Competing on Customer Experience: The Driving Force Behind Supply Chain Innovation,” Adelante SCM & BluJay Solutions, 2018. The full 29 percent would be exercised if Amazon orders up to 300 million euros ($346 million) of Balyo’s enabled products.”. New in Transportation Management Systems (TMS).

Logistics Network Optimization Software 60

Logistics Network Optimization Software Supply Chain Software Optimization Software Logistics 60