Logistics Viewpoints

NOVEMBER 25, 2024

For example, he wanted a better way to manage tail spend. At a quarterly meeting of the Institute of Supply Management, Kevin Frechette, the founder and CEO of Fair Market, gave a presentation on tail spend management. For example, the University may need to buy five snowplow attachments for the front of its Ford F-150 trucks.

Purchasing Skills 122

Purchasing Skills Sourcing Strategies Sourcing Procurement Solutions 122

Blue Grace Logistics

MARCH 12, 2024

For example, one of our heroes, who bears a passing similarity to Monica Rambeau or Photon from recent The Marvels movie, confronts an evil purple-faced villain by saying, “Spreadsheet Sorceror!

Logistics Network Optimization Software 109

Logistics Network Optimization Software Meeting Case Study Logistics 109

WorkWave

DECEMBER 2, 2024

Timely and efficient last-mile deliveries are critical for meeting customer expectations. Testing and scaling these technologies could redefine delivery capabilities and meet the increasing demands of urban logistics. They play a vital role in boosting customer satisfaction and maintaining a competitive edge in the logistics market.

Optimal Sourcing 106

Optimal Sourcing Cost Reduction Resource Reduction Waste Reduction 106

The Lean Thinker

APRIL 20, 2020

The whole goal of an ideal “Just-in-Time” system is that we have only the capacity required to meet the demand. This is true in Steve’s example of an Emergency Department. are an example of this. In other words, takt time is the required rate of production. It is also true in many traditional factories.

Capacity 360

Capacity Tools Examples Presentation 360

The Logistics of Logistics

APRIL 28, 2019

For example, Richard Branson, the English business magnate behind the Virgin Group is an experiencer. For example, Flexport is a company with a theorist mindset. Elon Musk is another example of a theorist. Corporate America is absolutely a traditionalist structure; getting from one job to another is based on past performance. [16:40]

Resource Reduction 244

Resource Reduction Groups Examples Efficiency 244

MTS Logistics

OCTOBER 29, 2024

For example, route optimization algorithms help logistics companies reduce travel distances and fuel consumption by determining the most efficient paths based on real-time data, such as traffic and weather conditions. The post Empowering a Greener, Smarter Future in Logistics Through AI appeared first on More Than Shipping.

Optimal Sourcing 105

Optimal Sourcing Supply Chain Planning Software Logistics Network Optimization Software Optimization Software 105

The Lean Thinker

MARCH 27, 2023

In other words, report out progress (like in a meeting, for example) as though you were answering a version of the Coaching Questions even though they aren’t being asked. The next step being taken, what we expect (or expect to learn) It would be really simple, for example, to format PowerPoint slides in this sequence.

Examples 221

Examples Course Maintainability Handling 221

Logistics Viewpoints

DECEMBER 18, 2024

This scale allows the company to address both regional and international logistics challenges, adapting its solutions to meet the unique demands of different markets and industries. The company shared examples of its long-term collaborations with businesses such as Texas Instruments and Home Depot.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Modeling Software Optimization Software 98

Logistics Bureau

DECEMBER 22, 2024

A KPI is a practical and objective measurement of progress, either: Towards a predetermined goal, or Against a required standard of performance It might help to think of a KPI as something like an instrument on a car dashboarda speedometer, for example. Why Are KPIs Important?

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

Logistics Business Magazine

NOVEMBER 13, 2024

Without appointment management capabilities in place, for example, facilities can easily become overwhelmed by a flood of phone calls and emails from carriers trying to schedule inbound or outbound pickups, as well as managing labour planning within the facility. It all starts with tracking the driver’s ETA en route to the facility.

Cost Reduction 68

Cost Reduction Supply Chain Planning Software Inventory Reduction Logistics Network Optimization Software 68

Overdrive Online

JANUARY 9, 2023

Meet an example of purpose beyond the truck in owner-operator Jay Hosty and his wife, Katt. The long-term return on a person’s honest investment in volunteering far outweighs what may appear at first a week of lost income opportunity.

Operations 128

Operations Trucking Examples Meeting 128

The Lean Thinker

JANUARY 24, 2023

A Breakout Session at the TWI Summit Last year (2022) was “Old friends meeting for the first time” as 2021 had been virtual and the online community really came together during 2020 and 2021. Also the evening of the 13th is the Kata Geek Meetup, a less formal series of short presentations and discussion. This happens year-round.

Conference 221

Conference Presentation Tips Workshop 221

Logistics Viewpoints

NOVEMBER 11, 2024

A ‘big bang’ approach, applying a one-size-fits-all AI solution, is not viable in an environment where industrial-grade solutions are needed to meet health, safety, and sustainability goals, Mr. Masson points out. The platform has thresholds that say, for example, “If the dollar value of orders changes a little, that doesn’t matter.

Supply Chain Planning Software 116

Supply Chain Planning Software Modeling Software Optimization Software Supply Chain Software 116

3PL Links

DECEMBER 24, 2024

For example: we have the traditional warehouse and the cold storage warehouse. Using automated picking systems, for example, can speed up the product-picking process compared to manual picking, reducing the time needed to prepare shipping orders. Which Type of Logistics Warehouse is Right for Your Business?

Inventory Reduction 62

Inventory Reduction Material Savings Optimization Software Cost Reduction 62

Logistics Bureau

JANUARY 21, 2025

A responsive supply chain can help to ensure that you always meet customer demand, even if you face inevitable obstances. For example, in some instances simply adjusting delivery windows can save more than you can through rate negotiations. what we found was shocking.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 98

Logistics Viewpoints

JANUARY 29, 2025

This reflects the difficulty in synching the plans finalized in an integrated business planning executive meeting with what the shop floor is capable of manufacturing and fulfilling in the short-term time planning horizon. The same disconnect can happen in the warehouse and in transportation.

Supply Chain Planning Software 101

Supply Chain Planning Software Optimization Software Modeling Software Supply Chain Software 101

3PL Links

OCTOBER 22, 2024

Efficient Route Planning and Cost Management With rising fuel prices and increased delivery expectations, optimizing routes will be crucial for reducing costs and meeting customer needs. How to Adapt: Investing in hybrid or electric vehicles for local deliveries can help companies meet emission standards while saving on fuel costs.

Cost Reduction 62

Cost Reduction Price Reduction Sourcing Strategies Resource Reduction 62

The Lean Thinker

MARCH 9, 2020

The story I cited above about inventory levels is a great example. For example, I was working at a large company where a significant part of their product cost was a commodity raw material. In what ways could meeting these numbers in the short term ultimately hurt our reputation, our business, in the long term?

Cost Reduction 195

Cost Reduction Price Reduction Inventory Reduction Material Savings 195

AIMMS

AUGUST 3, 2020

However, one-third of SCP leaders cite “the lack of effective decision making in the S&OP meeting process as the most critical problem to solve for their function’s overall performance” (source: Gartner, Improve S&OP Decision Making Through Scenario Planning , Supply Chain Research Team, 4 May 2020). – Tweet this.

Scenario Planning 159

Scenario Planning Supply Chain Planning Software AIMMS Gartner 159

The Lean Thinker

SEPTEMBER 27, 2019

I am sitting in on a daily production status meeting. The site has been in trouble meeting its schedule, and the division president is on the call. In a completely different organization, there were pre-meetings before the meeting with the chief of engineering. The call ends. This is understandable.

Meeting 186

Meeting Case Study Material Savings Article 186

Logistics Bureau

NOVEMBER 29, 2024

Retail Supply Chain Costs These costs will of course vary by company and sector and are just an example. For example, buying in large quantities from suppliers, to get a lower unit cost. As another trade off example, we might adopt a policy of allocating all stock on receipt. Often 60-70% of total sales.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 75

Dedola Global Logistics

NOVEMBER 1, 2024

Thanks to DGL’s proactive contingency planning, we rerouted their shipments through an alternative port in time to meet deadlines, saving the client $500,000 in delayed production costs. With critical components stuck at a closed port, their production schedule was at risk of collapsing.

Supply Chain Planning Software 81

Supply Chain Planning Software Supply Chain Software Supply Chains Cost Reduction 81

Logistics Viewpoints

FEBRUARY 19, 2025

International Logistics must find a balance between more economical costs and higher efficiency to meet the needs of different countries. It encompasses multiple aspects such as transportation, warehousing, loading and unloading, packaging, circulation processing, distribution, and information processing.

Logistics Network Optimization Software 78

Logistics Network Optimization Software Optimization Software Cost Reduction Logistics 78

3PL Links

NOVEMBER 26, 2024

This helps companies to better organize products, from storage to delivery to the end customer, for example in a warehouse where robots are responsible for moving the products from one side to the other. For example, an automated system can better organize delivery routes, saving fuel and time.

Supply Chain Software 62

Supply Chain Software Logistics Network Optimization Software Optimization Software Supply Chain Planning Software 62

Logistics Viewpoints

JANUARY 20, 2025

The Value of a Common Platform More importantly, by having the largest 11 bottlers on a common platform, the bottlers can work together to meet customer demand efficiently. For example, a large customer may place a large, unforeseen order that becomes visible at 9:00 a.m. However, unexpected events do happen.

Supply Chain Planning Software 88

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chains 88

3PL Links

JANUARY 21, 2025

In this article, we will learn about 7 tips that can help you choose the best carrier to meet your company’s needs. This way, you will be able to find a carrier that meets your specific needs and contributes to the success of your business. Check it out!

Tips 62

Tips Optimal Sourcing Sourcing Strategies Logistics Network Optimization Software 62

Logistics Viewpoints

APRIL 2, 2025

For example, Maersk uses a digital twin a virtual replica of its terminals to simulate different scenarios and make data-driven decisions that improve efficiency and reduce risk. Some regions may also lack sufficient supplier capacity or infrastructure to fully meet demand.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling Software 70

Logistics Viewpoints

NOVEMBER 19, 2024

Are they meeting consumers’ home delivery expectations, whether that’s affordable delivery, specific time windows, or sustainable options? For example, price-conscious consumers don’t need an expensive next-day delivery option; instead, delivery service with a longer lead time but lower cost will appeal to this group.

Cost Reduction 88

Cost Reduction Resource Reduction Price Reduction Vendor Strategies 88

Logistics Bureau

DECEMBER 28, 2024

For example, switching from air to ocean freight for non-time sensitive shipments can reduce carbon emissions by up to 95% per unit shipped. This means developing supplier evaluation frameworks that include carbon metrics, working together on joint emission reduction projects, and incentivising suppliers to meet or beat carbon targets.

Resource Reduction 75

Resource Reduction Material Savings Supply Chain Design Software Supply Chain Planning Software 75

WorkWave

JANUARY 21, 2025

This could limit businesses’ ability to meet demand, especially during peak seasons and potentially lead to higher labor costs and project delays. For example, if an employee works 40 hours at regular pay plus 10 hours of overtime, they will not pay federal income tax on those overtime hours.

Cost Reduction 111

Cost Reduction Price Reduction Expense Reduction Material Savings 111

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

Logistics Business Magazine

NOVEMBER 1, 2024

Black Friday only works as a great opportunity to offload discounted stock, for example, if the fulfilment process is super-efficient. Staff shortages cause pressures throughout the year, but the problems are highlighted during peak season.

Supply Chain Software 54

Supply Chain Software Waste Reduction Supply Chain Planning Software Logistics Network Optimization Software 54

3PL Links

OCTOBER 29, 2024

Real-World Example: Take the example of Zara , a global leader in fashion retail. Example: Consider Nike , which uses real-time tracking combined with advanced analytics to predict customer demand and manage its inventory in real time. Scaling your business doesn’t have to be daunting.

Inventory Reduction 62

Inventory Reduction Optimal Sourcing Inventory Cost Reduction 62

Logistics Business Magazine

OCTOBER 25, 2024

Amazon, for example, uses “ Robo-Stow ”, a robotic arm that aids with heavy lifting, reducing physical strain on employees while increasing efficiency. DHL employs predictive analytics to forecast demand and optimize stock levels, allowing the company to reduce inventory costs and meet customer needs.

Supply Chain Planning Software 55

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Supply Chain Software 55

WorkWave

MARCH 27, 2025

Without this shared foundation, meetings and action plans can stall because different stakeholders are bringing conflicting numbers from different data sources, leaving decision-makers wondering, Which version should we believe? These insights can inform risk assessments and strategic planning to meet business requirements.

Sourcing Strategies 83

Sourcing Strategies Optimal Sourcing Resource Reduction Data 83

The Lean Thinker

DECEMBER 9, 2022

When “trams” (coal carts) were in short supply, for example, the “trammers” would horde carts to optimize their team’s performance at the expense of other teams being limited by the number of carts available. A classic example of this is a heijunka or load-leveling box. This all changed shortly after WWII.

Modeling Software 259

Modeling Software Optimization Software Expense Reduction Resource Reduction 259