MTS Logistics

JANUARY 31, 2024

Wind power, for example, requires favorable wind conditions to generate enough energy for power. Another study has now found that green ammonia could replace these alternative fuels and become a leading green fuel source for the shipping industry. We encourage our readers to view the full study and overview at this link.

Modeling Software 90

Modeling Software Study Supply Chain Software Sourcing 90

Logistics Viewpoints

NOVEMBER 20, 2023

But one thing you notice as you go to omnichannel software vendor’s web sites and examine customer case studies, the case studies may talk about retailers growing their revenues by 100% or more, but none talk about how much profitability grew. In general, retailers can model the transportation costs associated with an omni-order.

Cost Reduction 153

Cost Reduction Expense Reduction Inventory Reduction Modeling Software 153

Logistics Business Magazine

OCTOBER 18, 2024

Billion by 2032′ as reported in the latest study by Global Market Insights , Inc. For example, in route optimization, AI-enhanced digital twins can modify delivery routes in real-time, factoring in traffic, weather, and historical data. Billion to over $9.4 The market is segmented by component into software and services.

Logistics Network Optimization Software 54

Logistics Network Optimization Software Digital Optimization Software Modeling Software 54

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 132

Supply Chain Planning Software Scenario Planning Optimal Sourcing Production 132

Logistics Business Magazine

MAY 6, 2020

Some of the models are fitted with specialist attachments such as a C-Hook for the Straddle Carrier for steel pipes and a heavy duty fork attachment for loading and unloading blocks of marble. “We The post Case Study: New Combilift Container Slip Sheet for Fast Freight appeared first on Logistics Business® Magazine.

Case Study 60

Case Study Study Material Savings Freight 60

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

Ship Monk

FEBRUARY 9, 2024

For example, if you’re introducing a new product and there are no similar products to draw historical data from, qualitative research is a must to reduce risk. A more mature product may not need qualitative research at all, or only occasionally to test a promotion for example. Analyze past and current sales trends.

eCommerce 105

eCommerce Operations Inventory Reduction Modeling Software 105

Logistics Viewpoints

MARCH 20, 2023

Based on ARC Advisory Group’s recently released study of the market, this puts them in the top 5. The supply chain planning market got started when supply chain models were put into in-memory databases in the early 1990s. Models would be created, but they were not living models that changed as an enterprise changed.

Supply Chain Planning Software 141

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

Freightos

MAY 23, 2024

Air cargo for example, though continuing to make digital strides, is still behind – and is often compared to – passenger travel where digitized capacity, pricing and online bookings have been around for decades and is in some ways the digitalization template air cargo is referencing. But this problem isn’t new.

Industry 98

Industry Logistics Network Optimization Software Price Reduction Logistics 98

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. War Manpower Commission.

Buyer Training 195

Buyer Training Material Savings Course Optimal Sourcing 195

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 Bureau

APRIL 12, 2021

But let’s wind the clock back a bit and look at some of the simple ways that network design can work before focusing on the more complex models. You don’t need to do a months-long study with specialist tools to work that one out. Spreadsheet Models. Detailed Study. The Detailed Study Method. Specialist Tools.

Supply Chain Design Software 69

Supply Chain Design Software Supply Chain Design Distribution Networks 69

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. Then we select the item to be studied. The distributor maintains the inventory plan.

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

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

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 study I am citing here was commissioned to determine why. This all changed shortly after WWII.

Modeling Software 259

Modeling Software Optimization Software Expense Reduction ERP 259

Logistics Viewpoints

JUNE 22, 2022

I am currently finishing up this year’s version of ARC Advisory Group’s annual WMS market research study. For me, getting down to the “nitty gritty” was modeling high-level objective functions with constraints using linear programming. For example, “maximize revenues within a theoretical facility that had two constraints.”

Supply Chain Planning Software 146

Supply Chain Planning Software Supply Chain Software Modeling Software Scenario Planning 146

Trinity Logistics

AUGUST 22, 2024

Creator DeepMind said the machine studied older games and spent a lot of time playing the game, over and over, each time learning from its mistakes and getting better. 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.

Modeling Software 91

Modeling Software Optimization Software Optimal Sourcing Logistics Network Optimization Software 91

AIMMS

AUGUST 3, 2020

Scenarios also allow organizations to model how they can ‘bridge the gap’ between their current position and their strategic plan, identifying the actions required to deliver opportunities and mitigate any vulnerabilities. These are just two among many examples of how scenario planning can bolster S&OP decision making.

Scenario Planning 159

Scenario Planning Supply Chain Planning Software AIMMS Gartner 159

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. “The

Automation 49

Automation Modeling Software Logistics Network Optimization Software Materials Handling 49

Logistics Viewpoints

MARCH 21, 2022

In the enterprise software application market, the biggest players have embraced a partnership model, while smaller, more focused companies often have not. Take the transportation management system (TMS) market, for example. Becoming Partner Centric is Not Easy. Which Partner Gets the Deal? Show Me the Money!

Vendor Strategies 129

Vendor Strategies Resource Reduction Strategy Supply Chain Planning Software 129

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 at MPEPS at UPV

APRIL 15, 2023

As institutions of learning and research, universities have a responsibility to not only provide exceptional educational experiences but also to model environmentally-conscious and operationally-sound practices. According to a study by Barth et al. Sustainable procurement in the public sector: an international comparative study.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Waste Reduction Material Savings 52

Logistics Business Magazine

NOVEMBER 1, 2019

The Aisle Master models have replaced a stand-on stacker truck and a counterbalance forklift and a main reason for the choice of these was their ability to “do everything” as Logistics Manager Dean Parsons explains. The post Case Study: Picnic for Pie Maker Thanks to Aisle Master appeared first on Logistics Business® Magazine.

Case Study 28

Case Study Study Materials Handling Material Savings 28

Logistics Business Magazine

NOVEMBER 1, 2019

The Aisle Master models have replaced a stand-on stacker truck and a counterbalance forklift and a main reason for the choice of these was their ability to “do everything” as Logistics Manager Dean Parsons explains. The post Case Study: Picnic for Pie Maker Thanks to Aisle Master appeared first on Logistics Business® Magazine.

Case Study 28

Case Study Study Materials Handling Modeling Software 28

Logistics Viewpoints

FEBRUARY 23, 2023

A McKinsey study found that 90% of supply chain leaders expected to transform their planning systems. As two leading supply chain experts, Nada Sanders and Morgan Swink, found when they studied supply chain digital transformation , organizational issues were the biggest obstacles to success.

Supply Chain Planning Software 133

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Digital 133

MTS Logistics

JULY 21, 2021

Working and studying from home decreased the usage of paper documents and increased the need for electronic documents. Businesses are still trying to find methods to keep their efficiency and productivity under control and reinterpret traditional work models with an innovative approach and use technology more effectively.

Modeling Software 97

Modeling Software Digital Optimization Software Logistics Network Optimization Software 97

Logistics Viewpoints

JUNE 22, 2022

I am currently finishing up this year’s version of ARC Advisory Group’s annual WMS market research study. For me, getting down to the “nitty gritty” was modeling high-level objective functions with constraints using linear programming. For example, “maximize revenues within a theoretical facility that had two constraints.”

Supply Chain Planning Software 109

Supply Chain Planning Software Supply Chain Software Modeling Software Scenario Planning 109

The Logistics of Logistics

OCTOBER 14, 2019

Before I get to that, let me provide a few more case study examples. 24:42] MetaOps’ model is to bring in the guy who has experience and has actually done this. The fourth industrial revolution, Industry 4.0, is happening. [14:23] 14:23] What is the solution to most of these supply chain problems?

Supply Chains 150

Supply Chains Buyer Training Case Study Military 150

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

Logistics Viewpoints

JULY 14, 2021

I am wrapping up my Transportation Management Systems market study which looks at the total size of the market, the forecasted growth through 2025, and the leading suppliers across a number of categories including industry, region, and customer size. The study includes a holistic view of the TMS outlook. E-Commerce Continues to Surge.

Optimization Software 160

Optimization Software Supply Chain Planning Software Supply Chain Design Software Modeling Software 160

Logistics Bureau

SEPTEMBER 28, 2020

In its simplest form, fourth-party logistics is a model in which manufacturers hand over the entirety of the organisation and oversight of their supply chain to a 4PL provider. According to a study by The Insight Partners , the global 4PL market was valued in terms of revenue at $56,472.1 The best example of a 4PL model is Amazon.com.

4PL 116

4PL Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software 116

Logistics Viewpoints

MARCH 6, 2023

Mr. Sorenson has studied integrated business planning for many years. For example, while GEON has over 2000 customers, initially they are manually building forecasts for 600 customers and 1200 ship-to locations. The improved costing information will then be used to improve the supply chain planning model. Dean Sorenson concurs.

Supply Chain Planning Software 158

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

Logistics Business Magazine

JULY 9, 2024

According to a study by the World Economic Forum (WEF), while AI is expected to displace some jobs, it is also expected to create new jobs and transform existing ones. By carefully selecting AI models and continuously monitoring their performance, businesses can ensure the accuracy and reliability of their AI predictions.

Supply Chain Planning Software 53

Supply Chain Planning Software Inventory Reduction Modeling Software Supply Chain Software 53

Logistics Viewpoints

FEBRUARY 10, 2021

While working on ARC’s global supply chain planning market study , now complete, I got briefings from Infor on both their supply chain planning and supply chain collaboration network solutions. In Infor’s case, their SCCN model also contains a digital twin – an end-to-end model – of the supply chain.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Supply Chain Design Supply Chains 100

Locus

JUNE 16, 2022

This is such a persistent problem in the industry that the study of this phenomenon has its own term: Sequence adherence. For example, A route optimization engine, which is a core element of Last Mile Delivery Software , may suggest making a delivery near a school in the morning on a weekday. So why is this happening?

Optimization Software 52

Optimization Software Optimization Modeling Optimization Modeling Software 52

Logistics at MPEPS at UPV

MARCH 28, 2022

In a study by INFORM and Logistik today , experts from various logistics disciplines see the most important areas of application for ML in demand forecasting and sales planning, transport optimization (e.g., AI and ML offer the possibility to data streams in one model and thus discover facts and dependencies.

Optimization Modeling 40

Optimization Modeling Optimization Software Modeling Software Logistics 40

Talking Logistics

APRIL 12, 2018

DC Velocity and Descartes have conducted a transportation benchmark study for the last two years to help transportation professionals understand what is driving the market, and how the strategy and tactics of top performers differ from the rest of the pack. Figure 1: Transportation IT Spend Change Next 2 Years (Source: Descartes).

Supply Chain Planning Software 63

Supply Chain Planning Software Modeling Software Logistics Network Optimization Software Sourcing Strategies 63