The Lean Thinker

JULY 2, 2024

With the justification aside, they next had us go through exercises calculating net present value and ROI for a hypothetical capital investment in tooling – as though a shop floor supervisor would do this at any point in the course of their job. The structural designs were far more tolerant of production variation, for example.

Supply Chain Design Software 397

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

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

WorkWave

JANUARY 20, 2025

Artificial intelligence (AI) and business intelligence (BI) tools are transforming how these businesses track, analyze and act on data. WorkWave is at the forefront of developing Analytics & AI tools to help our customers streamline operations, reduce their spend and overcome common yet difficult hurdles in their businesses.

Optimization Software 64

Optimization Software Security Data Industry 64

SYSPRO Smarter ERP

JUNE 27, 2022

A meeting between two pioneers during a cocktail party in 1956 turned out to be a defining moment in the world of manufacturing. Take for example the implementation for an ERP system. Technology meets human capability in the middle. Building the right skills to meet the factory of the future appeared first on SYSPRO Blog.

Buyer Training 105

Buyer Training Factories Supply Chain Design Software Meeting 105

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. Hint – it isn’t about tools.) And that community remains. This happens year-round. And you have the same opportunity.

Conference 221

Conference Presentation Tips Workshop 221

Logistics Viewpoints

NOVEMBER 11, 2024

Mr. Masson of ARC points out, “Each AI use case requires specific datasets and may necessitate different tools and techniques.” 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.

Supply Chain Planning Software 109

Supply Chain Planning Software Modeling Software Optimization Software Supply Chain Software 109

Dedola Global Logistics

NOVEMBER 1, 2024

Real-Time Tracking and Visibility : DGL offers state-of-the-art tracking tools that give you real-time visibility into the status of your shipments. 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.

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. With the development of the digital wave, Robotic Process Automation (RPA) technology has gradually emerged as an important tool in the international logistics industry.

Logistics Network Optimization Software 67

Logistics Network Optimization Software Optimization Software Cost Reduction Logistics 67

TransAudit

FEBRUARY 13, 2025

Use tools to automate root cause analysis and reduce dependency on manual reporting. The war for talent has always been prevalent, said Dritz, emphasizing the importance of aligning skilled teams with the right tools. Steps to prioritize talent and technology: Provide employees with robust analytics tools for decision-making.

Supply Chain Software 59

Supply Chain Software Supply Chain Planning Software Supply Chains Inventory Reduction 59

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. At 3PL Links, we prioritize tools that simplify route management, reducing delays and ensuring on-time deliveries.

Cost Reduction 62

Cost Reduction Price Reduction Sourcing Strategies Resource 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

Material Handling and Logistics

OCTOBER 30, 2018

Successful procurement leaders are operating smarter by leveraging analytics and technology such as integrated suites to generate clean data (at least if they have a unified data mode) and master data management solutions for addressing issues in back end systems, cleaning and normalizing suppliers’ records, for example. Boost Your Employees.

Optimal Sourcing 166

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 166

Logistics Bureau

JANUARY 3, 2025

Of course, it can add up to a vast pool of data, so realistically, access to advanced modelling and analytics tools will be essential to get the most value from it. To do so is a mistake because a successful and future-proof distribution network design will typically need to meet several objectives.

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Design Distribution Networks 75

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. Tools such as real-time shipment tracking can release knowledge workers from time wasted chasing information to focus on the analysis and planning required to optimise the business.

Supply Chain Software 54

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

AIMMS

JULY 13, 2020

Additionally, most planning tools fail to incorporate the abstract data that’s required for this stage. This process gives sales and marketing teams visibility as to whether they will meet their budget and target requirements, and how they can use their resources most effectively to maximize revenue whilst delivering the commercial strategy.

Scenario Planning 160

Scenario Planning Supply Chain Planning Software Resource Reduction Sourcing Strategies 160

Ship Monk

MARCH 21, 2024

Today’s CRM platforms have adapted and expanded their tools to meet the needs of ecommerce businesses. Let’s take a look at CRM systems, the tools they provide, and the benefits they offer to ecommerce businesses. Here are some of the tools CRM systems offer.

Optimization Software 105

Optimization Software eCommerce Logistics Network Optimization Software Procurement Solutions 105

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. .” The system was not without its problems, however. This all changed shortly after WWII.

Modeling Software 259

Modeling Software Optimization Software Expense Reduction Resource Reduction 259

Logistics Business Magazine

OCTOBER 10, 2024

Based on information on transport routes and means, the Packaging Lifecycle Assessment Tool from ORBIS analyses whether CO2 emissions, energy and water consumption and waste can be reduced by switching to plastic packaging. They can help to meet legal requirements and the increasing sustainability expectations of other stakeholders.

Packaging 52

Packaging Material Savings Supply Chain Design Software Transportation 52

Log-hub

FEBRUARY 12, 2025

For example, a global retailer can use a tensor-based approach to manage product demand across multiple warehouses, optimizing stock levels dynamically. This helps companies stay efficient while meeting customer expectations. For example, a 3D graph can map supplier networks, showing how inventory moves across multiple locations.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimal Sourcing 52

Now, That's Logistics

OCTOBER 12, 2021

When sales forecasts are accurate, companies know they’ll have enough product supply to meet customer demand for those goods. At the end of August, for example, 44 container ships were stuck outside of the ports of Los Angeles and Long Beach in California. Planning is obviously key,” says Chrapko.

Supply Chain Planning Software 145

Supply Chain Planning Software Scenario Planning Supply Chain Software Logistics Network Optimization Software 145

Parade

JULY 15, 2019

Meet Everett Johnson, founder and owner of Credence Logistics (CL). Before starting his company, Johnson worked for a large brokerage, managing and fulfilling load opportunities the traditional way; no technology tools to grow and foster his business, just sheer grunt-work, phone trees, and a mental rolodex.

Industry 106

Industry Logistics Network Optimization Software Tools Examples 106

3PL Links

OCTOBER 29, 2024

Image source: Pexels | How Real-Time Inventory Tracking Can Boost Your Profit in 2025 In today’s fast-moving business environment, real-time inventory tracking has become a critical tool for optimizing operations, cutting costs, and driving profitability. Real-World Example: Take the example of Zara , a global leader in fashion retail.

Inventory Reduction 62

Inventory Reduction Optimal Sourcing Inventory Cost Reduction 62

The Lean Thinker

FEBRUARY 4, 2021

Toyota Kata is not a problem solving tool. You Cannot Meet a Challenge Without Working on Stability. Yes, there are advanced tools that you use when things get tough. There are cases where other statistical tools are needed. Scientific Thinking is the Foundation. Some say it’s PDCA / PDSA. Same thing.

Modeling Software 195

Modeling Software Optimization Software Analysis Tools 195

Logistics Business Magazine

OCTOBER 30, 2024

By leveraging these innovative tools, businesses can not only mitigate risks but also secure future growth and stability in an increasingly uncertain environment. IoT technology has become a critical tool for boosting visibility across supply chains. Adapting to Thrive One key technology driving challenge mitigation is a digital twin.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Modeling Software Optimization Software 52

AIMMS

SEPTEMBER 28, 2020

The report outlines the tools with the highest transformational benefits and capabilities that are becoming standard business practices. Prescriptive analytics “describes a set of analytical capabilities that finds a course of action to meet a predefined objective, such as maximizing revenue or minimizing costs.”

Supply Chain Design Software 166

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

Parade

JULY 15, 2019

Meet Everett Johnson, founder and owner of Credence Logistics (CL). Before starting his company, Johnson worked for a large brokerage, managing and fulfilling load opportunities the traditional way; no technology tools to grow and foster his business, just sheer grunt-work, phone trees, and a mental rolodex.

Industry 97

Industry Logistics Network Optimization Software Tools Examples 97

GoShip Blog

JANUARY 30, 2025

For example, a small e-commerce business shipping inventory to several regional warehouses might find LTL shipping rates to be the most economical option. You need fast, direct delivery to meet tight deadlines. Shipments weigh between 150 and 15,000 pounds. Youre prioritizing affordability over speed. When Should You Choose FTL?

Logistics Network Optimization Software 52

Logistics Network Optimization Software Freight Cost Reduction Reliability 52

Logistics Viewpoints

JULY 19, 2021

Dr. Lassen views Anaplan – their connected planning tool – as a cloud-based, business planning platform capable of doing multidimensional planning with very fast solve times. The goal is to produce an integrated plan that meets the strategic goals of the overall organization. So, what is “connected planning?”

Supply Chain Planning Software 109

Supply Chain Planning Software Scenario Planning Negotiating Skills Logistics Network Optimization Software 109

Logistics Viewpoints

APRIL 28, 2021

In fact, people commonly use it as a metaphor in business situations “I didn’t meet the deadline. WMS suppliers were well positioned to support their customers with the adaptations required to meet the abrupt change in fulfillment requirements driven by the Covid-19 pandemic. They threw me a curveball.” Final Word.

Supply Chain Software 124

Supply Chain Software Logistics Network Optimization Software Replenishment Resource Reduction 124

Log-hub

MARCH 7, 2025

H&Ms Garment Collecting Program is a perfect example of reverse logistics in action. A great example is Fairphone , a sustainable smartphone brand that designs devices with replaceable parts, allowing users to repair or upgrade components instead of discarding the entire phone. billion in 2022 and projected to grow at a CAGR of 9.4%

Waste Reduction 40

Waste Reduction Resource Reduction Material Savings Cost Reduction 40

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. For example, Oracle is using average emission from a 5-ton truck, or a bulk tanker. This tool can also be used to estimate transportation emissions in advance of any shipments.

Cost Reduction 120

Cost Reduction Price Reduction Supply Chain Planning Software Scenario Planning 120

AIMMS

FEBRUARY 26, 2020

Network Design tools that are fueled by powerful mathematical optimization in the back end, and intuitive scenario analysis capabilities at the front, empower you to create flexible plans and expose hidden risks in your network. Let’s explore some example s. . This leads to insightful and resilient thinking. .

Supply Chain Planning Software 146

Supply Chain Planning Software Supply Chain Design Software Scenario Planning Supply Chain Software 146

Log-hub

AUGUST 14, 2024

Here are some real-life examples of successful supply chain optimization across various industries. Key Components of Supply Chain Optimization Technologies and Tools The integration of advanced technologies plays a pivotal role in supply chain optimization. Go to our Data Analytics and AI consulting page to explore the possibilities.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Optimization Software Inventory Reduction 40

Trinity Logistics

JUNE 23, 2023

Battling these issues is making it tougher for HVAC contractors and plumbers to meet their customer’s demands in the short term and perhaps even longer. WORK WITH MANY SUPPLIERS If current suppliers can’t meet your needs, then it’s a good time to explore other ones. Many

Supply Chain Planning Software 118

Supply Chain Planning Software Supply Chain Software Material Savings Supply Chains 118

Trinity Logistics

NOVEMBER 13, 2023

Many of today’s manufacturing trends are in line with the industry’s goals to improve processes, create more efficiency, and meet consumer demand. To combat the shortage, manufacturers are looking for ways to recruit and retain skilled talent, by raising wages and reskilling current talent to meet company needs. Industry 4.0

Manufacturing Procurement 118

Manufacturing Procurement Supply Chain Software Trends Supply Chain Planning Software 118

Logistics Bureau

JANUARY 2, 2025

These days we’ve got much better tools for the job, but the goal’s still the same: getting your deliveries to the right place, at the right time, without driving your costs through the roof or running your drivers into the ground. I guess thats why we called it route planning and not route optimisation.

Logistics Network Optimization Software 75

Logistics Network Optimization Software Optimization Software Optimal Sourcing Logistics 75

SYSPRO Smarter ERP

JUNE 5, 2023

The difference between third-party business intelligence tools and embedded analytics within your ERP system ERP embedded analytics refers to the integration of analytical tools and capabilities directly within the ERP system without having to switch to a separate analytics platform.

Optimization Software 98

Optimization Software ERP Price Reduction Cost Reduction 98