Logistics Viewpoints

AUGUST 15, 2024

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. For example, the analysis from stress testing can reveal a particular supplier or production resource is a frequent point of failure under high-demand scenarios.

Scenario Planning 122

Scenario Planning Supply Chain Planning Software Sourcing Strategies Optimal Sourcing 122

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 134

Supply Chain Software Optimal Sourcing Supply Chain Design Software Logistics Network Optimization Software 134

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 97

Inventory Reduction Inventory Logistics Network Optimization Software Cost Reduction 97

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. However, with the new generation technologies, it now is practical to keep the data feeds fresh to make the modeling exercises a continuous, ongoing discipline.

Supply Chain Design Software 102

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 102

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 113

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Scenario Planning 113

Logistics Viewpoints

MAY 22, 2023

Moreover, this exercise might need to be repeated several times depending on how the war proceeds. The purpose of data aggregation is, on one hand, to minimize the number of records you’ll be working with and, on the other hand, to reflect critical business patterns: order prioritization, customer segmentation, sourcing logic.

Supply Chain Design Software 103

Supply Chain Design Software Supply Chain Design Supply Chain Software Modeling Software 103

Logistics Viewpoints

SEPTEMBER 28, 2021

Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility. And what is sitting in the warehouse. And at the cross-dock. And in the rail car. Real-time visibility into “static goods” — wherever they may be — is the foundation for managing through volatility.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 97

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 43

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

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 109

Purchasing Skills Logistics Network Optimization Software Waste Reduction Price Reduction 109

Logistics Viewpoints

AUGUST 9, 2022

By integrating order data, load information across modes, yard shipments and the like, internal departments can turn to a single source of the truth and more accurately manage various aspects of the lifecycle. Transportation teams could drill into their top bottlenecks by facility, carrier performance, dwell time and volume.

Inventory Reduction 104

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Inventory 104

Logistics Viewpoints

SEPTEMBER 7, 2022

Mr. Nelson points out that it is possible for a sourcing problem deep in a supply chain to halt production for BD. The company had access to huge amounts of trade data, for example. But the further up the supply chain BD went, the less incentive suppliers had to participate in these exercises. But I was skeptical.

Supply Chain Software 104

Supply Chain Software Supply Chains Optimal Sourcing Procurement Solutions 104

Material Handling and Logistics

OCTOBER 23, 2018

An example of where this can make a difference is in how businesses source and onboard new suppliers – an exercise that is traditionally slowed by the burden of contracts and letters of credit. Many companies source production in other countries as a means of reducing cost. But those costs eventually go up.

Supply Chain Planning Software 74

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 74

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 72

Logistics Network Optimization Software Supply Chain Software Optimization Software Logistics 72

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. Collaboration takes centre stage. Environment vs economics.

Trends 68

Trends Sourcing Strategies Transportation Cost Reduction 68

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

Capacity 72

Capacity Price Reduction Sourcing Strategies Cost Reduction 72

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

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 Business Magazine

MAY 5, 2020

Creating supply chain resilience is a holistic exercise that involves more than just a few savvy logistics people. As mentioned, this should not be an exercise limited to supply chain professionals. Understanding the market comes with insights into scarcity, sourcing locations and price fluctuations. Lastly, consider materials.

Supply Chain Planning Software 45

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 45

Logistics Manager

MARCH 10, 2020

Sourcing: Travel may be restricted to certain areas, limiting the ability to discover, qualify and certify new business or programs and to transact business. ? Supply chain leaders and their teams can, for example, conduct a scenario planning exercise and develop action plans.

Gartner 67

Gartner Scenario Planning Supply Chains Security 67

247 Customs Broker

MARCH 26, 2018

I was having lunch with a friend of mine who had recently conducted a transportation sourcing event. There are plenty of companies using a flawed process in conducting their transportation sourcing events. It’s important to press for in-depth answers and examples. By Mike Regan ·. March 26, 2018.

Optimal Sourcing 28

Optimal Sourcing Sourcing Strategies Negotiating Skills Negotiate Pricing 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 113

Supply Chain Planning Software Supply Chain Software Supply Chains Negotiating Skills 113

Logistics Bureau

APRIL 15, 2016

All of these symptoms potentially are a sign that a slotting exercise is overdue. Examples include discrete pick (as assignment per order), consolidated orders, often used when discrete picking happens at the customer venue, and so on. Figure 1, Location of ABC products (Source DC Expert 3 D drawing package). Product Slotting.

Waste Reduction 73

Waste Reduction Supply Chain Planning Software Cost Reduction Inventory Reduction 73

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. Other sources that can reveal details about your competitors’ supply chains.

Inventory Reduction 98

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 98

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

GlobalTranz

APRIL 6, 2021

Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. For example, many supply chain resiliency plans may have considered a health crisis in which organizations and key partners face lower-than-normal staffing levels. Overall, U.S.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Software Supply Chains Manufacturing Procurement 75

Logistics in War

OCTOBER 17, 2019

The ADF lacked the logistics resources, organic or those from civilian or international sources, to fulfil the requirements of a realistic approach to preparedness prior to the operation. hardware stores etc.). Risk was accepted from Government to the ADF that Australia would never need to enact policy or test its concepts.

Resource Reduction 98

Resource Reduction Cost Reduction Operations Military 98

Logistics in War

MARCH 11, 2025

Firstly, it recommended conducting realistic wargames and exercises to reflect threats and the capability of the logistics enterprise to respond. Other examples of logistics influences on strategic competition are before us if we choose to look. As these reports tend to go, its conclusions werent pretty.

Military 59

Military Operations Logistics Network Optimization Software Supply Chain Planning Software 59

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. Customer-specific services. Returns management. The Value of Knowing Your CTS.

Purchasing Skills 93

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

Logistics at MPEPS at UPV

JUNE 6, 2017

Last week we were talking about Mercadona, a clear example of business success at many different levels: its close relationship with suppliers, the commitment to continuous improvement, the training of its workers and the commitment to the white label have been decisive in this race to triumph. Source: [link]. Filed under:

Supply Chain Design Software 40

Supply Chain Design Software Exercises Supply Chain Design Optimal Sourcing 40

Logistics in War

JANUARY 23, 2019

For example, American commentators go so far as saying there is a ‘crisis’ in flagging a range of contemporary preparedness problems within the US Department of Defense including aviation incidents, capability gaps created with lower Defence budgets, and inadequate logistics support to the fielded force.

Military 97

Military Resource Reduction Sourcing Strategies Supply Chain Planning Software 97

Logistics Bureau

JULY 27, 2020

As diamonds, and to a lesser extent, perhaps gold, are resources with origins that can sometimes be controversial, companies like De Beers have seized upon blockchain to provide evidence that their gems come from sources that don’t involve insurgency funding or forced labour. Examples of Blockchain in Food Supply Chains.

Supply Chain Planning Software 69

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Tracking and Tracing 69

Logistics in War

JUNE 20, 2020

All this must be exercised; it is noteworthy that the Australian and U.S. armies do not presently share a major strategic logistics exercise in which to consider how they might respond, together, in a crisis.

Negotiating Skills 92

Negotiating Skills Supply Chain Planning Software Military Logistics Network Optimization Software 92

FreightWaves SONAR

MAY 14, 2024

From a shipper’s perspective, transportation is a cost center, and the exercise of sourcing trucking capacity is not much different than that of procuring raw materials for production. In the above snippet, the example lane is very unbalanced in terms of capacity flow.

Price Reduction 52

Price Reduction Material Savings Cost Reduction Sourcing Strategies 52

Logistics Bureau

FEBRUARY 28, 2019

A prime example of this kind of manipulation (and really, it is manipulation), is when performance issues arise which results in shipments being delayed. . Don’t get me wrong here; off-the-shelf KPIs can serve a useful purpose, for example, when used for external benchmarking exercises.

Supply Chain Software 75

Supply Chain Software Supply Chains Sourcing Strategies Scenario Planning 75

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 111

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 111

Logistics Bureau

NOVEMBER 6, 2023

It also offers benefits regardless of whether you are already using energy-efficient light sources. For example, could some areas of your warehouse be adapted via racking optimisation to store higher inventory volumes? A warehouse benchmarking exercise is an excellent way to start the quest for improvement opportunities.

Cost Reduction 98

Cost Reduction Purchasing Skills Waste Reduction Material Savings 98

Logistics Bureau

FEBRUARY 1, 2025

Supply Chain Agility is Critical Vertical integration and local or regional sourcing/manufacture are two of the most important elements in maintaining the supply chain agility needed to compete with fast fashion trailblazers like Zara.

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 75