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 113

Purchasing Skills Sourcing Strategies Sourcing Procurement Solutions 113

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

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

The Lean Thinker

JULY 2, 2024

They realized then that Boeing had to transform itself from an engineering company focused solely on meeting engineering challenges to one focused on meeting the needs of the customers. But the key to meeting the needs of the customers was more than just understanding those needs better. Usually… overtime.

Supply Chain Design Software 397

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

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

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 108

Supply Chain Planning Software Modeling Software Optimization Software Supply Chain Software 108

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 110

Cost Reduction Price Reduction Expense Reduction Material Savings 110

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 ERP 259

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 81

Supply Chain Planning Software Optimization Software Modeling Software Supply Chain Software 81

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 82

Cost Reduction Resource Reduction Price Reduction Vendor Strategies 82

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 118

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Scenario Planning 118

Logistics Viewpoints

OCTOBER 2, 2024

For example, logistics companies are to employ Level 2 and 3 autonomous vehicles that assist drivers by adjusting speed and steering based on road conditions. By adhering to these industry standards, logistics companies ensure safer, more efficient, and compliant operations that meet regulatory and customer expectations.

Supply Chain Planning Software 108

Supply Chain Planning Software Warehousing Supply Chain Software Optimization Software 108

Logistics Bureau

JANUARY 3, 2025

To do so is a mistake because a successful and future-proof distribution network design will typically need to meet several objectives. Its worth remembering, for example, that secondary distribution tends to generate higher transportation costs than primary distribution.

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Design Distribution Networks 75

Logistics Viewpoints

FEBRUARY 7, 2024

There are three responses in this question that address supply chain sustainability: align with our goals, mission, and values; meet consumers expectations; and increase profitability. The second reason to address sustainability topics, from a supply chain perspective, is to meet consumer expectations.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 118

The Lean Thinker

JANUARY 25, 2024

In this working example, asking the shop floor workforce to fix this problem would be futile. The shop floor can’t, for example, transition from a push scheduling system to pull on their own. ” Who Needs To Fix This? We want to solve problems at the lowest possible level, but no lower.

Waste Reduction 195

Waste Reduction Ordering Material Savings Cost Reduction 195

The Lean Thinker

SEPTEMBER 23, 2024

” Around 3pm I got a call from the technician, and went outside to meet him. This is also a good example of “Cunningham’s Law”: “The best way to get the right answer on the Internet is not to ask a question; it’s to post the wrong answer.”

Networks 195

Networks Course Article Examples 195

Logistics Viewpoints

SEPTEMBER 4, 2024

This offers industries a way to meet growing demands for transparency and accountability, especially from regulators and consumers. These challenges raise concerns about whether blockchain can truly scale to meet the demands of global supply chains without compromising efficiency or accessibility.

Supply Chain Design Software 116

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Modeling Software 116

Logistics Viewpoints

JUNE 3, 2024

This reflects manufacturers’ difficulty in synching the plans finalized in an integrated business planning executive meeting with what the shop floor is capable of manufacturing in the short-term time planning horizon. Manufacturers refer to it as the “shop floor to top floor disconnect.”

Supply Chain Planning Software 116

Supply Chain Planning Software Scenario Planning Supply Chain Software Supply Chains 116

Logistics Viewpoints

APRIL 4, 2024

Another example of data normalization is accounting for lost sales due to stockouts or waste of perishable products due to overstocking of inventory. For example, the demand for the Chocolate Peanut Butter Cup will behave much more similarly to the flavor of Chocolate than Rainbow Sherbert. Wouldn’t it be cool to know within minutes?

Scenario Planning 118

Scenario Planning Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 118

Logistics Viewpoints

JULY 10, 2024

The ability to meet that demand can be less than expected. Demand Planning and Inventory Optimization Demand planning is the process of forecasting the demand for a product or service so it can be produced and delivered more efficiently while meeting customer service level expectations. No plan is perfect. Medium-term planning.

Supply Chain Planning Software 120

Supply Chain Planning Software Scenario Planning Supply Chain Design Software Supply Chain Software 120

Logistics Viewpoints

AUGUST 19, 2024

The apparel industry is a prime example. At Infor Nexus’s European Advisory Customer Council meeting in Chamonix, France, Mr. Trevor told the audience, “Fast fashion is crap…” Customers should buy clothes that are “well made and have longevity.” A prime example of a fast fashion brand is Zara. This waste could fill more than 1.5

Waste Reduction 114

Waste Reduction Supply Chain Design Material Savings Waste 114

Logistics Viewpoints

AUGUST 15, 2024

Today’s supply chains are fraught with uncertainties across demand and supply yet are tasked with adding incremental value to their organizations while also meeting commercial, working capital and sustainability goals. An example is insight beyond your four walls to understand how tier one, two, three, etc.

Scenario Planning 116

Scenario Planning Supply Chain Planning Software Sourcing Strategies Optimal Sourcing 116

Logistics Bureau

JANUARY 2, 2025

I also had to ensure that I planned each route in such a way as to make it possible for the delivery crews to meet the customers delivery time windows. A good KPI dashboard can show you for example, the difference between planned and actual kilometers for each route. KPI dashboards and reporting: This is linked to tip #3 above.

Logistics Network Optimization Software 75

Logistics Network Optimization Software Optimization Software Optimal Sourcing Logistics 75

Logistics Viewpoints

JUNE 27, 2024

The goal is to minimize total operating costs and meet customer service expectations. For example, the emergence of new storage and distribution models, such as dark stores, allows for record-speed order deliveries at a fraction of the cost compared to traditional methods.

Supply Chain Software 108

Supply Chain Software Supply Chains Trends Logistics Network Optimization Software 108

Logistics Viewpoints

JUNE 4, 2024

With tart cherry juice sales transitioning into a steady demand pattern, retailers must adapt their inventory strategies accordingly to meet this evolving consumer preference. It serves as a compelling example of how retailers must reassess their inventory strategies to adapt to rapidly shifting market demands driven by trends.

Inventory Reduction 111

Inventory Reduction Supply Chain Planning Software Inventory Waste Reduction 111

Logistics Viewpoints

JULY 17, 2024

Jeff Erwin, VP of manufacturing at G&J Pepsi-Cola Bottlers , has been helping to accelerate the digital transformation while aligning with the company’s goals and mission to improve its operational efficiency and meet customer requirements and regulatory compliance challenges by tracking and measuring performance.

Digital 118

Digital Procurement Analytics Manufacturing Procurement Modeling Software 118

Logistics Viewpoints

MAY 6, 2024

A one-number forecast, for example, looks across the range of demand that might emerge in a period and decides to create a forecast that is mid-way between the most and the least demand that is apt to emerge. For example, in a trip to the airport, there is a chain of events that determines whether a person will arrive on time.

Supply Chain Planning Software 115

Supply Chain Planning Software Scenario Planning Supply Chain Design Software Supply Chain Software 115

Logistics Viewpoints

MARCH 21, 2024

Self-distribution can result in improved inventory levels and shorter lead times, which can help to reduce costs over time and enable healthcare systems to better meet the demands of their customers especially with on-premise space continuing to be at a premium.

Supply Chain Planning Software 113

Supply Chain Planning Software Optimization Software Supply Chain Software Inventory Reduction 113

Logistics Viewpoints

SEPTEMBER 10, 2024

For example, an AMR fleet can focus on picking operations during peak seasons and then shift to returns processing post-holiday. Unlike fixed systems designed for specific tasks, AMRs can easily pivot to accommodate different shapes and sizes of goods or switch from one task to another as needed.

Automation 111

Automation Logistics Network Optimization Software Logistics Picking 111

Logistics Viewpoints

AUGUST 12, 2024

For example, Mr. Tamma explained, “for the BMW X5 model, we have a specific corresponding products ranging from 19-inch to 22-inch rim sizes.” Pirelli’s digital transformation challenge was to use a new digital platform that could scale to meet its complex integrated business planning process. This is a complex supply chain.

Supply Chain Planning Software 116

Supply Chain Planning Software Digital Supply Chain Design Software Scenario Planning 116

Logistics Viewpoints

APRIL 24, 2024

Mr. Elliott pointed to four main predictions for 2024, and then outlined the three pillars of how Körber will be able to meet the goals that align with these predictions. This means that companies need to be able to hit the ground running with new capabilities from both a functionality and user interface aspect. Workforce Efficiency.

Course 113

Course Supply Chain Planning Software Optimization Software Supply Chain Software 113

Logistics Viewpoints

JULY 12, 2024

For Target, it’s both about meeting consumer demand and living up to its own corporate pledges. For example, the grocer released its first report on corporate social responsibility efforts last year. Cargill, one of the world’s largest buyers of raw cotton, will use the technology on 50,000 tons of cotton from the U.S.

Material Savings 114

Material Savings Waste Reduction Resource Reduction Logistics Network Optimization Software 114

The Logistics of Logistics

MAY 18, 2022

All those meetings began in Spanish and they go, “Do you not understand that?” I will give you an example of predictive. If English will be one, there will be one A. That is good for all of us because we will do more business that way. It makes it easier. I remember being in Laredo. I was like, “I understood a minute of it.”

Data 369

Data Modeling Software Supply Chain Design Software Optimization Software 369