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

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

Logistics Viewpoints

DECEMBER 14, 2023

Now more than ever, organizations must prepare their supply chain for the present and the unknown challenges and opportunities in the future. Doing so helps organizations detect market shifts and makes supply chain decisions more forward-looking than an analysis of the past, present, and at best, a tactical view of the future.

Supply Chain Design Software 156

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Optimal Sourcing 156

Logistics Viewpoints

OCTOBER 7, 2024

Reinforcement Learning Applied to Computer Vision Reinforcement learning is a form of machine learning that lets AI models refine their decision-making process based on positive, neutral, and negative feedback. The computer is then presented with those images. SOPs are critical for safety and reliability.

Supply Chain Design Software 128

Supply Chain Design Software Modeling Software Supply Chain Software Logistics Network Optimization Software 128

Logistics Viewpoints

JUNE 27, 2024

To help companies make sound decisions that favor their present and future financial health, it is essential to use advanced management techniques and methods, collectively known as supply chain management (SCM). However, reality is full of complex challenges and constant dilemmas.

Supply Chain Software 144

Supply Chain Software Supply Chains Trends Logistics Network Optimization Software 144

The Logistics of Logistics

NOVEMBER 2, 2022

She is an MBTI Master Practitioner and is known as a thought leader in integrating psychological type theory with other coaching models. Strategy 1 – Be present! The problem is that we are often disengaged from the present while we worry about our latest work email or text.

Buyer Training 195

Buyer Training Logistics Network Optimization Software Modeling Software Supply Chain Software 195

Logistics Business Magazine

DECEMBER 18, 2023

Unitechnik Systems GmbH will be presenting UniWare-AI, the AI-based assistant for logistics systems, at LogiMAT 2024. The AI tool will support the system integrator’s customers in predicting order loads and bottlenecks in the material flow, for example. Together with the customer, they optimise the use of UniWare-AI step by step.

Modeling Software 58

Modeling Software Logistics Network Optimization Software Logistics Modeling 58

Freightos

JUNE 17, 2024

In the first issue of our AI popup newsletter series, Matt Motsick, CEO of Rippey AI and a long-time logistics technology leader, explores buying or building AI models. Focus on Innovation : By outsourcing the underlying AI technology, companies can focus more on innovation and applying AI in unique ways within their business models.

Modeling Software 102

Modeling Software Optimization Software Logistics Network Optimization Software Cost Reduction 102

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

SEPTEMBER 4, 2024

However, while the advantages are clear, implementing blockchain on a large scale presents implementation obstacles that do need addressing. For example, shifting from PoW to Proof of Stake (PoS) or delegated Proof of Stake (dPoS) algorithms can drastically reduce energy consumption while speeding up transaction times.

Supply Chain Design Software 157

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

Logistics Viewpoints

APRIL 22, 2024

However, complex process manufacturing presents a much more difficult ATP problem than is typical in discrete industries. Causal AI utilizes sophisticated causal models to make decisions on multiple levels. Seeing the layers of knowledge modeled in a knowledge graph is more powerful. Before working with GP, Parabole.ai

Optimal Sourcing 153

Optimal Sourcing Supply Chain Planning Software Modeling Software Optimization Software 153

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 212

Inventory Reduction Supply Chain Planning Software Cost Reduction Logistics Network Optimization Software 212

Logistics Viewpoints

NOVEMBER 10, 2021

I was familiar with GXO as the former logistics segment of XPO and knew about select examples of its warehouse automation investments. Source: GXO Logistics Q3 2021 Investor Presentation. The GXO third-quarter earnings presentation summarizes the magnitude of its warehouse technology investments. Warehouse Automation Unbound.

Logistics Network Optimization Software 149

Logistics Network Optimization Software Modeling Software Tips Cost Reduction 149

Logistics Viewpoints

JANUARY 19, 2021

Compared to traditional forecasting models on spreadsheets, the benefits from simulation software come in the form of a holistic overview of both current and potential operations through a user-friendly interface. Through warehouse simulation, you can accurately visualize all the attributes of the warehouse in a 2D or 3D computer model.

Supply Chain Software 105

Supply Chain Software Modeling Software Optimization Software Logistics Network Optimization Software 105

Logistics Business Magazine

FEBRUARY 22, 2019

German multidirectional forklift maker Hubtex will present its latest model developments at May’s LIGNA trade fair (Hannover Messe ), showcasing its unique solutions for the handling of wood-based materials. Numerous assistance systems can be integrated retroactively, for example.

Modeling Software 28

Modeling Software Modeling Handling Presentation 28

Stord

NOVEMBER 13, 2024

With accurate inventory data paired with a robust Order Management System (OMS) with real-time data, not only do these problems vanish, but new opportunities present themselves. This optimization based on your historical sales can be further enhanced by incorporating statistical models of projected sales, and planned marketing campaigns.

Inventory Reduction 148

Inventory Reduction How To Cost Reduction Procurement Solutions 148

Logistics Viewpoints

MARCH 4, 2024

A good example is saying “What are my demurrage issues at the Port of Long Beach?” Infor Nexus’s approach is not to just give a specific answer to a specific question, but to provide the right data visual, in this example a matrix type view of several days of shipments with demurrage risk. Mr. Sorgie calls this “rich visual controls.”

Modeling Software 149

Modeling Software Supply Chain Software Nodes Logistics Network Optimization Software 149

AIMMS

NOVEMBER 12, 2019

As Lora Cecere writes , “RFPs and PowerPoint presentations are the worst way to buy decision support technologies like supply chain planning.” “Most companies ask the wrong questions and consequently have the wrong discussions.” Let’s take some examples. . Are there limits to the number of models?” “Can

Supply Chain Planning Software 101

Supply Chain Planning Software Procurement Solutions Modeling Software Supply Chain Software 101

MTS Logistics

OCTOBER 29, 2024

Machine learning algorithms, growing more sophisticated, will continue to refine forecasting and optimization models, allowing logistics firms to respond quickly to market shifts. Despite its transformative potential, the path to full AI integration in logistics presents challenges.

Optimal Sourcing 79

Optimal Sourcing Supply Chain Planning Software Logistics Network Optimization Software Optimization Software 79

Logistics Business Magazine

OCTOBER 16, 2023

The Italian Terminal and Logistics Award is a significant industry recognition, presented annually to highlight the skills of operators in port , intermodal and logistics terminals both in Italy and abroad. The CB70E is a perfect example of our dedication to providing our customers with efficient, eco-friendly, and safe solutions.”

Buyer Training 51

Buyer Training Logistics Network Optimization Software Materials Handling Material Savings 51

GlobalTranz

JANUARY 21, 2015

Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. Vendor Managed Inventory Model for Supply Chain Cost Reductions. This example, the pencil, is already a high value item). If not, modify it.

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

Logistics Viewpoints

OCTOBER 21, 2021

Pop up warehouses, micro fulfillment centers, and warehousing-on-demand are all examples of how the nodes are becoming increasingly dynamic. For the longest time modeling and designing such nodes, modes, and flows has been the realm of Supply Chain Design. Sustainability initiatives can benefit through optimizing the carbon footprint.

Supply Chain Design Software 125

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 125

Logistics Business Magazine

JULY 13, 2022

The effects of climate change are hard to predict, but it is possible to model the risks and opportunities that might occur,” said Heather Wheatley, senior director analyst with the Gartner Supply Chain practice. Many organisations are also partnering with external consultants to help model scenarios.

Supply Chain Planning Software 58

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling Software 58

Trinity Logistics

AUGUST 22, 2024

Common Forms of AI Computer Vision Face recognition is one example of Computer Vision. Machine Learning (ML) Predictive analytics is one example of Machine Learning. Deep Learning Playing a game of chess online with the computer program is an example of Deep Learning. Take a lawyer for example. Awesome, right?

Modeling Software 91

Modeling Software Optimization Software Optimal Sourcing Logistics Network Optimization Software 91

Logistics Viewpoints

MAY 13, 2024

At the analyst day presentations, Donna WIlczek, EVP strategy and innovation, and Fang Chang, chief product officer at Coupa, announced the company was launching forecast collaboration and AI-driven purchase order collaboration intelligence as the newest solutions in the supply chain collaboration product line. “It

Procurement Solutions 146

Procurement Solutions Modeling Software Procurement Analytics Logistics Network Optimization Software 146

Logistics Viewpoints

OCTOBER 24, 2022

1-800-Flowers gave a presentation in which they talked about implementing Oracle warehouse management and transportation management systems in the Cloud. OTM is a very mature application, for example. The order-to-delivery process, for example, is much wider than the fulfillment processes supported in a warehouse management system.

Supply Chain Planning Software 113

Supply Chain Planning Software Supply Chain Software Modeling Software Logistics Network Optimization Software 113

AIMMS

FEBRUARY 1, 2021

To do this, we built two representative models of a business. When the models are built, running scenarios with these large businesses can be a lot of fun. Having justified the project investment, it’s now time to get into the more substantial opportunities that present themselves in these sample $7.5B Summing up.

Supply Chain Design Software 116

Supply Chain Design Software Supply Chain Software Supply Chain Design Optimization Software 116

Logistics Business Magazine

SEPTEMBER 7, 2023

Meanwhile, companies can use past data to programme “symbolic AI” models, which can be used for “purpose-seeking” applications, such as process optimisation. Realistically, you want AI models to analyse thousands of decisions per day. But when an AI model analyses years’ worth of this data, hidden patterns do emerge.

Logistics Network Optimization Software 64

Logistics Network Optimization Software Data Modeling Software Negotiating Skills 64

Logistics Business Magazine

MARCH 18, 2024

With the Linde L-MATIC HD k automated pallet stacker, the company is launching an additional model with a lift height of up to 3.8 Furthermore, the near-series concept study of the Linde L-MATIC C automatic compact stacker will make its debut at the Linde MH booth at LogiMAT 2024 as part of an engaging live case presentation.

Automation 49

Automation Modeling Software Logistics Network Optimization Software Materials Handling 49

3PL Links

JULY 21, 2024

The present changes include opening up new business models and a new management vision in addition to investing in technical tools for the operation. New business models A Gartner study found that 79% of supply chain executives believe the new business model to help post-pandemic recovery is an internet/platform-based strategy.

Supply Chain Design Software 48

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 48

Logistics Business Magazine

SEPTEMBER 23, 2024

Equally, the growth of alternative transport options presents significant opportunities to reduce the carbon footprint of the logistics industry. By adopting a circular economy model, the industry can move towards a resource-efficient and sustainable future.

Supply Chain Software 53

Supply Chain Software Supply Chains Optimal Sourcing Modeling Software 53

Logistics Business Magazine

MAY 10, 2024

Powered by data-driven virtual models that can simulate real-world operations, digital twins are allowing the sector to predict the future and plan for it. By feeding real-world data into bespoke mathematic models that accurately reflect operations, owners of a digital twin can simulate how changing parameters can affect their business.

Digital 57

Digital Logistics Network Optimization Software Modeling Software Sorting 57

AIMMS

NOVEMBER 12, 2019

As Lora Cecere writes , “RFPs and PowerPoint presentations are the worst way to buy decision support technologies like supply chain planning.” “Most companies ask the wrong questions and consequently have the wrong discussions.” Let’s take some examples. . Are there limits to the number of models?” “Can

Procurement Solutions 62

Procurement Solutions Supply Chain Planning Software Modeling Software Supply Chain Software 62

Logistics Bureau

MAY 31, 2021

For example: Compared to selling a product in-store, the cost to deliver that same item as a small parcel can be several times higher. The above examples reflect costs that include picking, packing, and last-mile delivery. The list above is not exhaustive but merely provides some notable examples of cost drivers.

Cost Reduction 117

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 117

SYSPRO Smarter ERP

JULY 17, 2023

The new AI revolution presents a great opportunity for manufacturers to retain their staff and attract younger employees by providing new skills for the future world of business where the role of AI will play a greater part. While AI is going to help with some current challenges, it will also present new problems.

Manufacturing Procurement 98

Manufacturing Procurement Buyer Training Supply Chain Design Software Supply Chain Planning Software 98

Logistics Viewpoints

MARCH 6, 2023

He presented a vision of moving from the kind of antiquated sales and operations planning (S&OP) done at many companies, to an advanced form of integrated planning. For example, while GEON has over 2000 customers, initially they are manually building forecasts for 600 customers and 1200 ship-to locations. Mr. Herrin was a good fit.

Supply Chain Planning Software 158

Supply Chain Planning Software Supply Chain Transformation Scenario Planning Supply Chain Software 158

Parade

JUNE 17, 2019

Every freight brokerage uses one— or a combination of— four main booking structures: 1) Outbound region, 2) Inbound region, 3) ‘Carrier manager' model, and 4) ‘Free for All.' Freight Brokerage ‘Booking Structures’ 1: Outbound Region The outbound region model is also referred to as the ‘outbound state’ model.

Modeling Software 68

Modeling Software Freight Operations Outbound 68