Logistics Business Magazine

NOVEMBER 30, 2022

Whether dealing with the direct dispatch of individual goods, packing multi-pack products, or meeting the complex requirements of returned goods packaging, the servo X e-com ensures products are packed with the lowest amount of material needed, automatically adjusting the film bags with four sealed sides to the product’s length.

Packaging 58

Packaging Meeting Material Savings Modeling Software 58

Logistics Business Magazine

JUNE 30, 2022

For example, in construction materials applications, lift trucks will often be used outside in dirty or dusty environments with poor ground conditions,” says Robert O’Donoghue, VP Marketing and Solutions EMEA for Hyster. The truck can also be fine-tuned with mirror and camera options to meet application-specific needs.

Meeting 50

Meeting Trucking Industry Material Savings 50

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. A supply planning solution may only be able to achieve rough-cut capacity planning for a large, complex supply chain.

Supply Chain Planning Software 154

Supply Chain Planning Software Scenario Planning Supply Chain Software Supply Chains 154

AIMMS

JUNE 16, 2020

How are companies leveraging scenario modeling for network design and optimization ? The company modeled scenarios and performed simulations in AIMMS Network Design Navigator with all their products grouped together. Another use case we see for scenario modeling in the current context is evaluating new sourcing locations.

Scenario Planning 71

Scenario Planning Supply Chain Design Software Supply Chain Design Optimization Modeling 71

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 157

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Modeling Software 157

Logistics Viewpoints

MAY 8, 2023

Increasingly it is recognized that the executive planning meetings, that typically take place once a month, should be chaired by a top floor executive – a chief financial officer, chief operations officer, or even chief executive officer. An example of switchable constraint would be a factory that needs to close.

Supply Chain Planning Software 132

Supply Chain Planning Software Scenario Planning Optimal Sourcing Production 132

Logistics Viewpoints

AUGUST 12, 2024

Pirelli’s Business Model and Supply Chain Pirelli (PIRC.MI) is a consumer tire company headquartered in Milan, Italy. Pirelli designs a specific tire for a particular model, and even a specific version of the model, for one luxury brand. The digital department includes IT, big data analytics, AI, and the digitization program.

Supply Chain Planning Software 138

Supply Chain Planning Software Digital Supply Chain Design Software Scenario Planning 138

GlobalTranz

SEPTEMBER 21, 2016

In this blog, Max discusses everything you need to know about the marketplace model and why shippers should adopt it. The Marketplace Model: A Proven Model for Success & Why the Shipping Industry Should Adopt It. History and anthropology provide many examples of marketplaces throughout time. A History of Success.

Modeling Software 86

Modeling Software Modeling Logistics Network Optimization Software Industry 86

Logistics Viewpoints

AUGUST 19, 2024

The circular economy is a model that involves sharing, leasing, reusing, repairing, refurbishing, and recycling existing materials and products as long as possible. The apparel industry is a prime example. A prime example of a fast fashion brand is Zara. This is made most glaringly apparent in the fast fashion industry.

Waste Reduction 160

Waste Reduction Supply Chain Design Material Savings Waste 160

GlobalTranz

OCTOBER 5, 2018

Therefore, an omnichannel retail strategy must become the new standard business model for companies wanting to remain competitive. The Reward: How to Develop an Omnichannel Retail Business Model For most purchases, consumers are no longer shopping in brick-and-mortar stores. GET YOUR COPY HERE. Download White Paper.

Modeling Software 78

Modeling Software Sourcing Strategies Cost Reduction Supply Chain Planning Software 78

Logistics Viewpoints

NOVEMBER 4, 2024

Machine Learning occurs when a machine takes the output, observes its accuracy, and updates its model so that better outputs will occur. Reinforcement Learning is a form of machine learning that lets AI models refine their decision-making process based on positive, neutral, and negative feedback.

Supply Chain Planning Software 168

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 168

Bringg

APRIL 5, 2021

As a result, curbside pickup operations are facing overwhelming demand, and those that do not offer pickup options are struggling to meet eCommerce demand through delivery alone. In the spectrum of fulfillment options, curbside pickup – as well as click & collect , and other similar fulfillment models – are the happy medium.

Modeling Software 62

Modeling Software Optimization Modeling Modeling Optimization Software 62

Logistics Viewpoints

MARCH 27, 2023

Machine learning also makes it possible to make more granular forecasts – for example, instead of forecasting demand for the company’s products in the Eastern Region of the U.S., Demand models need to be continuously updated. The model can be updated to reflect a demand spike for that city during the relevant period.

Supply Chain Planning Software 126

Supply Chain Planning Software Scenario Planning Optimal Sourcing Supply Chain Software 126

WorkWave

FEBRUARY 25, 2022

Inform them of any new expectations — including extra meetings or project management requirements — they would need to accommodate. For example, they might need to help employees maintain compliance in a remote environment, or provide technology that isn’t available outside of the office.

Optimization Modeling 52

Optimization Modeling Modeling Software Modeling Automation 52

Logistics Viewpoints

JUNE 6, 2022

A transportation management system (TMS) allows a shipper or carrier to plan the most cost-effective set of shipments that meets service level goals. Much additional detail needs to go into the model for more precise estimates.”. For example, Oracle is using average emission from a 5-ton truck, or a bulk tanker.

Cost Reduction 151

Cost Reduction Price Reduction Supply Chain Planning Software Scenario Planning 151

Logistics Viewpoints

JULY 10, 2024

Supply Planning Supply planning systems create models that allow a company to understand capacity and other constraints it has in producing goods or fulfilling orders. The ability to meet that demand can be less than expected. So, for example, a manufacturer knows what it has sold to a retailer. No plan is perfect.

Supply Chain Planning Software 158

Supply Chain Planning Software Scenario Planning Supply Chain Design Software Supply Chain Software 158

Logistics Viewpoints

FEBRUARY 28, 2022

Lead times, for example, are a critical form of master data for planning purposes. In process industries the supply chain models used for optimization are much more complex than those used in other industries. The processing units in an oil refinery, for example, operate at high temperature and high pressure.

Supply Chain Planning Software 178

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 178

Logistics Viewpoints

FEBRUARY 22, 2022

Meeting today’s logistics challenges of the three C’s – customer service, carbon, and cost – companies are not just looking at gathering data, but also how to better interpret and understand this data, and then use it to drive additional value. Analyze and track your carbon footprint using logistics data.

Data 114

Data Logistics Network Optimization Software Supply Chain Planning Software Cost Reduction 114

Logistics Viewpoints

FEBRUARY 21, 2022

A network design model figures out where factories and warehouses should be located. SCP solutions set target service levels , for example 99% for the most important customers and 95% for the rest, and achieves those service level targets at the lowest cost. Each time horizon usually has its own model associated with it.

Supply Chain Planning Software 172

Supply Chain Planning Software Scenario Planning Supply Chain Design Software Supply Chain Software 172

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 156

Scenario Planning Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 156

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 144

Supply Chain Software Supply Chains Trends Logistics Network Optimization Software 144

Logistics Viewpoints

AUGUST 23, 2021

Those include trust issues, the operating model, and technology. The LevaData solution, for example, speeds up sourcing significantly. No single SCCN can meet all a company’s collaboration needs because no SCCN supplier does a good job across all these message types. Supply Chain Collaboration Networks are a Key Technology.

Collaboration 172

Collaboration Supply Chain Planning Software Optimal Sourcing Modeling Software 172

Stord

NOVEMBER 13, 2024

If you cannot nail the basics on a random Tuesday in July, there is no reason to expect your systems will be capable of managing the massive spikes in demand while meeting consumer expectations. billion 2020 (Peak COVID): A surge to $10.8 billion, marking a 15% increase 2021: Further growth to $10.9 billion 2022: Continued expansion to $11.3

Inventory Reduction 148

Inventory Reduction How To Cost Reduction Procurement Solutions 148

The Lean Thinker

MARCH 23, 2023

During the war there was huge growth and turnover within the industrial base as production shifted from civilian products (locomotives, for example) to wartime production (tanks). ” I think the answer depends on the person’s mental model and biases about the role of authority. That is the purpose of these meetings.

Buyer Training 195

Buyer Training Material Savings Course Optimal Sourcing 195

TransAudit

DECEMBER 13, 2023

Supply chains at a consumer goods company, for example, make up about 80% of the company’s greenhouse gas (GHG) emissions. Here are three examples of how companies adopted a circular supply chain approach and saw significant results: RUSH University Medical Center saved more than $244,000 by reusing workplan furniture.

Supply Chain Design Software 87

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chains 87

Talking Logistics

FEBRUARY 20, 2018

When you’re in the market for a TMS, it’s important to look beyond terms like SaaS or cloud in order to really understand your hosting options, how the data model will enable better business efficiencies and service, and the ease of integrations. Data Models Influence Flexibility.

Modeling Software 62

Modeling Software Logistics Network Optimization Software Modeling Data 62

Logistics Business Magazine

JANUARY 25, 2021

The company operates a highly scalable partner network model – in effect a ‘hub and spoke’ system ­­- that enables it to provide online retailers with cost-efficient, countrywide reach. LiBiao Robot recently announced that two models from the ‘Mini Yellow’ range are now available in Europe – a 5kg tilt-tray robot and a 30kg cross-belt model.

Modeling Software 50

Modeling Software Meeting Logistics Network Optimization Software Sorting 50

Logistics Viewpoints

MARCH 20, 2023

The supply chain planning market got started when supply chain models were put into in-memory databases in the early 1990s. The Power of Flexible Modeling Based on their background, o9’s cofounders understood the strengths and weaknesses of existing planning technology. A very powerful modeling framework was required.”

Supply Chain Planning Software 141

Supply Chain Planning Software Modeling Software Procurement Solutions Supply Chain Software 141

Logistics Bureau

OCTOBER 15, 2024

Situational Leadership Model Alma: So I’m a big fan of the situational leadership model. So using the situational leadership model and it was, this is not new concepts, it was actually developed originally in 1969. But if our audience here on this episodes doesn’t know about the situational leadership model.

Supply Chains 96

Supply Chains Scenario Planning Video Buyer Training 96

AIMMS

SEPTEMBER 28, 2020

In the report, you will find capabilities across five categories: technologies, competencies, frameworks, operating model strategies, and organizational models. These capabilities include Machine Learning and Prescriptive Analytics , and organizational models like Agile Teams. What to prioritize. Network Design.

Supply Chain Design Software 166

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 166

AIMMS

NOVEMBER 12, 2015

When applied to S&OP and IBP, modeling and optimization enable you to balance out scenarios and perform what-if analyses so you can analyze how these different scenarios will affect your inventory and/or cost. JBS offers a great example of how you can support your IBP and S&OP process with optimization.

Optimal Sourcing 62

Optimal Sourcing Optimization Modeling Optimization Software Modeling Software 62

Logistics Viewpoints

JULY 29, 2021

Machine learning is a process by which learning algorithms are applied to large sets of data to create predictive models. For example, only a minority of DCs today have installed systems for product slotting, workforce planning and other core warehouse functions. AI-Based Warehouse Optimization Examples. Here are two examples.

Supply Chain Planning Software 189

Supply Chain Planning Software Optimization Software Supply Chain Design Software Modeling Software 189

Logistics Business Magazine

SEPTEMBER 12, 2024

As HIVED continues to expand its operations across London and beyond, this partnership is a great example of how HIVED can support major brands like Nespresso through its fast, reliable, and uncomplicated delivery experience for customers,” said a representative from HIVED.

Collaboration 51

Collaboration Logistics Network Optimization Software Reliability Maintainability 51

Logistics Viewpoints

JANUARY 1, 2024

An omnichannel order management system helps companies meet growing customer expectations. For an online order that needs to be delivered within 24 hours, for example, the rule might state that the goods should be shipped to the consumer from the closest location. Or they can order online and pick up the product at the store.

Optimization Software 144

Optimization Software Optimization Modeling Optimization Ordering 144

GlobalTranz

APRIL 18, 2016

Alternatively, this model will be applied to enhance the use of store pick up, which has been used extensively by Wal-Mart to create a comprehensive omnichannel environment. Furthermore, this model of e-commerce and omnichannel solutions has enabled Wal-Mart to optimize load consolidation processes and reduce costs across the organization.

Waste Reduction 91

Waste Reduction Cost Reduction Inventory Reduction Resource Reduction 91

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 155

Scenario Planning Supply Chain Planning Software Sourcing Strategies Optimal Sourcing 155

GlobalTranz

FEBRUARY 2, 2015

In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Distributors will inbound to a manufacturer the inventory needed and transportation management, especially inbound freight management, efficiency is paramount to an effective vendor managed inventory model. It was a “win-win” partnership.

Vendor Strategies 94

Vendor Strategies Inventory Reduction Modeling Software Inventory 94