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

The Logistics of Logistics

FEBRUARY 11, 2022

But the model for those cost categories has been dramatically changed by the emergence of WMS delivered in the Cloud, with the software and other cost elements moving from a fixed to a recurring cost and creating a shift in how some deployment costs are incurred. There can be some deviations from this basic model.

Modeling Software 221

Modeling Software Logistics Network Optimization Software Cost Reduction Vendor Strategies 221

MTS Logistics

AUGUST 7, 2024

The model that Gemini will be using is called the “hub and spoke” model which is used widely in different industries. The “hub and spoke” model uses a central location as a hub with a number of spokes leading out from that hub, as can be seen in the below chart. The push for 90% is quite ambitious.

Modeling Software 75

Modeling Software Modeling Sourcing Strategies Supply Chain Software 75

Logistics Viewpoints

JANUARY 21, 2021

ML looks into historical data (for example, transit time statistics of carriers) and data from impactful external factors (such as port congestion, weather or holidays) and uses this information to develop more accurate transit time estimates. The model learns continuously and can adapt to changing conditions in the network.

Inventory Reduction 213

Inventory Reduction Supply Chain Planning Software Cost Reduction Logistics Network Optimization Software 213

Logistics Viewpoints

JUNE 15, 2021

As a DC planning tool, machine learning represents an alternative to traditional engineering and process modeling. For example, the traditional approach to workforce planning is to use an engineered labor standards system. Finally, the more complex the engineered model, the longer it takes to process the data and provide an output.

Optimal Sourcing 147

Optimal Sourcing Supply Chain Planning Software Modeling Software Optimization Software 147

Logistics Viewpoints

AUGUST 23, 2021

Those include trust issues, the operating model, and technology. The LevaData solution, for example, speeds up sourcing significantly. PO accepts, for example, are not real-time messages because a supplier needs time to figure out whether they can deliver the number of items requested by the requested delivery date.

Collaboration 170

Collaboration Supply Chain Planning Software Optimal Sourcing Modeling Software 170

Logistics Bureau

NOVEMBER 12, 2024

Essential Steps to Using Warehouse Modeling Software for Design 1) Understand the Design Objectives and Constraints The first step in your review should be to determine and prioritise the objectives for your warehouse facility and operation. For example, is an SKU typically ordered by the pallet, carton, split carton, or individual unit?

Modeling Software 68

Modeling Software Supply Chain Design Software Supply Chain Planning Software Optimization Software 68

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 171

Supply Chain Planning Software Scenario Planning Supply Chain Design Software Supply Chain Software 171

The Lean Thinker

FEBRUARY 27, 2020

Compounding this was that, in his example, the training was TWI Job Instruction – how to train. He used the Stanford design school model to experiment his way toward a solution that used the framework of Job Instruction in a way that worked for the particular situation. And isn’t that the whole idea?

Training 44

Training Presentation Modeling Course 44

Logistics Viewpoints

NOVEMBER 18, 2024

Schneider Electric’s Journey with Network Design Lee Botham is the global director of modeling and network design at Schneider Electric. In 2012 and 2013, they began using external consultants to model their Asian supply chain. Initially, regions generating lower revenue were modeled. This is when the firm hired Mr. Botham.

Supply Chain Design Software 137

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Planning Software 137

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 187

Supply Chain Planning Software Optimization Software Supply Chain Design Software Modeling Software 187

Logistics Viewpoints

SEPTEMBER 19, 2023

The bullwhip effect is one example of this disruptive effect, when small changes in demand cause huge demand spikes downstream. Table 1 describes a few examples of these types of risks. Examples of disruptive risks are suppliers going out of business or shipwrecks that result in the loss of cargo containers.

Supply Chain Design Software 154

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 154

Logistics Viewpoints

JUNE 3, 2024

However, the disconnect can also occur because the supply plan not only lacks sufficient granularity in modeling the constraints that occur in manufacturing, but the model is also not granular enough in its understanding of warehousing and transportation constraints.

Supply Chain Planning Software 153

Supply Chain Planning Software Scenario Planning Supply Chain Software Supply Chains 153

The Lean Thinker

AUGUST 6, 2019

The business literature is full of examples of this – companies who could not keep up with their own success, their performance deteriorates and, well, many of them go out of business. Starry-eyed executives often look only at the financial models, maybe equipment capacity, and skip over the operational aspects of their due diligence.

Modeling Software 170

Modeling Software Exercises Modeling Presentation 170

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 163

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Scenario Planning 163

Logistics Viewpoints

JULY 12, 2022

For example, do all customers need to be serviced equally regardless of size? Concepts like customer stratification and hybrid delivery models can also dramatically improve delivery productivity and minimize the impact of elevated fuel prices. Do all customers need to be serviced at a regular interval and time? “No”

Cost Reduction 172

Cost Reduction Material Savings Resource Reduction Price Reduction 172

Logistics Viewpoints

JUNE 6, 2022

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. For example, if they buy a component for their hardware products in Thailand, they have an estimate for the logistics emissions associated with the component.

Cost Reduction 150

Cost Reduction Price Reduction Supply Chain Planning Software Scenario Planning 150

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

Logistics Viewpoints

MAY 26, 2022

For example, some newer robotic systems can efficiently automate small picking use cases such as in-store fulfillment of grocery orders. Many organizations have learned the hard way this is harder to accomplish when selecting and deploying a myriad of point solutions from multiple providers with multiple data models.

Supply Chain Software 173

Supply Chain Software Optimal Sourcing Supply Chain Design Software Logistics Network Optimization Software 173

Supply Chain Brain

AUGUST 31, 2024

This eBook provides customer examples, actionable strategies and highlights real-world benefits such as improved inventory turnover and reduced production costs. Explore this exclusive resource and gather ideas on transforming your supply chain into a model of sustainability and innovation.

Inventory Reduction 104

Inventory Reduction Resource Reduction Cost Reduction Scenario Planning 104

Logistics Viewpoints

JANUARY 4, 2021

For example, using a 5G network, a parts tote could communicate that the tote is 80% depleted for this SKU which would trigger a re-order of the necessary parts. Digital Twin Model Builders. Infor makes the point that a graph database’s ability to infer relationships helps to keep the model up to date.

Supply Chain Planning Software 204

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling Software 204

Logistics Viewpoints

JUNE 10, 2024

When SAP refers to AI, it refers to generative AI based on large language models or AI based on machine learning. I might tell Alexa, for example, “Play the station Smooth Jazz!” For example, when GenAI is used to write job descriptions, aggregated anonymized customer data can improve the results.

SAP 166

SAP Supply Chain Planning Software Supply Chain Software Optimization Software 166

Logistics Viewpoints

NOVEMBER 11, 2024

Developing Models : Building and scaling AI models in a manner that ensures they are reliable and understandable. These new fabrics will promote the development of new models that can operate effectively on the edge, in the enterprise cloud, or across the extended supply chain. So, we deploy an agent on an SAP environment.

Supply Chain Planning Software 147

Supply Chain Planning Software Modeling Software Optimization Software Supply Chain Software 147

Logistics Viewpoints

FEBRUARY 8, 2021

Led some supply chain planning supplier to create new digital twins – new supply chain models – that model this supply chain much deeper than it had been previously modeled. A more granular model means better planning – planning that more fully reflects the constraints that exist in these supply chains.

Supply Chain Planning Software 184

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 184

Logistics Viewpoints

MAY 22, 2023

For it to be an optimal solution, a mathematical model needs to be used. That model can then be used to analyze every new situation that arises. The model will help a company find a solution that is best for their relocated employees as a whole. Because of these similarities, they might group them all together in the model.

Supply Chain Design Software 119

Supply Chain Design Software Supply Chain Design Supply Chain Software Modeling Software 119

Logistics Viewpoints

MAY 8, 2023

The model used to balance demand with supply in the integrated business planning meetings needs to be constraint-based. “To The supply planning model can include, at a higher level, the throughput and constraints of several factories. An example of switchable constraint would be a factory that needs to close.

Supply Chain Planning Software 131

Supply Chain Planning Software Scenario Planning Optimal Sourcing Production 131

Logistics Viewpoints

FEBRUARY 20, 2024

This article describes how to incorporate simulation techniques into optimization, build a stochastic optimization model, and end up with a more resilient supply chain model. Supply Chain Network Design Components SCND team’s first goal is to build a baseline model that represents the current state of the business.

Supply Chain Design Software 153

Supply Chain Design Software Sourcing Strategies Supply Chain Design Inventory Reduction 153

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. Because of their business model, Pirelli produces small lots. billion in 2023.

Supply Chain Planning Software 137

Supply Chain Planning Software Digital Supply Chain Design Software Scenario Planning 137

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 167

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 167

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 159

Waste Reduction Supply Chain Design Material Savings Waste 159

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

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 140

Supply Chain Planning Software Modeling Software Procurement Solutions Supply Chain Software 140

The Lean Thinker

AUGUST 31, 2022

Our operating system) is, by our own model, the “Operational Excellence” pillar of (our business system). The vast majority of our teaching should be experiential, and based in real-world situations, solving actual problems vs. examples and contrived exercises. Kaizen tools included. Every tool, technique, etc.

Events 44

Events Modeling Software Workshop Buyer Training 44

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. This model prevails even today and even colors our teaching of continuous improvement.

Modeling Software 259

Modeling Software Optimization Software Expense Reduction ERP 259

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 154

Scenario Planning Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 154

The Lean Thinker

MAY 27, 2020

It creates the illusion of complete awareness of the things around us when, in reality, we are simply aware of a model our brains have constructed of what we perceive to be there. It is also an amazing engine at engaging actions based on pattern matching. ” That is awesome because even if the driver doesn’t see the sign, the BANG!

Buyer Training 269

Buyer Training Trucking Examples Video 269

The Logistics of Logistics

APRIL 26, 2022

At TuSimple, for example, while they anticipate most of their customers will buy their autonomous trucks, one business model they are developing is TuSimple Capacity. Shippers would access autonomous freight capacity in a service model and pay for this on a per mile basis.

Logistics Network Optimization Software 221

Logistics Network Optimization Software Freight Trucking Supply Chain Planning Software 221