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. Do we have a demand forecasting tool in place and, if so, how good is that forecast?

Supply Chain Design Software 107

Supply Chain Design Software Supply Chain Design Supply Chain Software Modeling Software 107

Logistics Viewpoints

MARCH 6, 2025

Lets break it down with some examples that hit home: Supplier Diversification : Reflecting on the disruptions caused by the pandemic, companies heavily reliant on Chinese suppliers faced significant challenges. An automotive company I collaborated with conducted detailed modeling of potential tariff impacts on semiconductor supply chains.

Price Reduction 83

Price Reduction Material Savings Cost Reduction Waste Reduction 83

The Lean Thinker

AUGUST 31, 2022

Kaizen events (or whatever we want to call the traditional week-long activity): Can be a useful tool when used in the context of an overall plan. 1 There are times when any specific tool is appropriate, and there are no universal tools. Kaizen tools included. Every tool, technique, etc.

Events 44

Events Modeling Software Workshop Buyer Training 44

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. The technology’s capacity to optimize operations and promote sustainable practices positions AI as a crucial tool in the industry’s transition to greener practices.

Optimal Sourcing 105

Optimal Sourcing Supply Chain Planning Software Logistics Network Optimization Software Optimization Software 105

Logistics Viewpoints

DECEMBER 18, 2024

These tools enhance transportation management by improving forecasting, optimizing logistics processes, and providing greater supply chain visibility. The company shared examples of its long-term collaborations with businesses such as Texas Instruments and Home Depot.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Modeling Software Optimization Software 98

Logistics Viewpoints

APRIL 19, 2021

The goal was to start with the “what” – how workers receive, pick, and ship goods and ensure that the same processes and tools were being used across the DC network. For example, it should take this long to reach up to the third shelf in this location and pick three items. And that works for your fully abled people as well.”

Modeling Software 119

Modeling Software Supply Chain Design Software Warehousing Modeling 119

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

WorkWave

FEBRUARY 14, 2020

A lawn care and landscaping business requires a fairly substantial investment in landscaping tools and gear to get started. Whether you’re brand new to lawn care services or an experienced vet, you probably have questions about the best lawn care tools. Check out our lawn care tools list for the best lawn tools you’ll want to own.

Modeling Software 88

Modeling Software Tools Eliminating Excel in Purchasing Expense Reduction 88

3PL Links

NOVEMBER 12, 2024

By leveraging predictive analytics and a just-in-time (JIT) inventory model, you can maintain optimal stock levels, which reduces storage costs and cuts down on waste from unsold items. Example: Retail giant Zara uses real-time data from its stores to adjust inventory dynamically.

Cost Reduction 62

Cost Reduction Material Savings Supply Chain Software Supply Chain Planning Software 62

SYSPRO Smarter ERP

JUNE 9, 2022

Here’s an example. Mid-market manufacturers need a tool that’s tailored to their needs. The BI tool needs to be able to easily pull all this data together for analysis. BI tools integrated within your ERP can pull your data into a data warehouse through predefined ETL (extract, transform and load) tools using a web interface.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Software 98

Logistics Viewpoints

OCTOBER 24, 2024

It is a brilliant tool.” SCCN solutions allow trading partners to collaborate across defined trading partner processes based on a common data model. For example, a buyer might say, “You only shipped me 800 of the 1000 products I ordered.” My advice,” he concluded, “is just jump in.

SAP 116

SAP Procurement Solutions Manufacturing Procurement Procurement Analytics 116

Logistics Viewpoints

JUNE 15, 2021

That is changing as companies like Lucas introduce machine learning tools to improve planning and decision-making in the DC. These new tools will free time for managers and engineers, making them more productive and their DCs more efficient and effective. This article provides an introduction to machine learning for warehouse managers.

Optimal Sourcing 124

Optimal Sourcing Supply Chain Planning Software Modeling Software Optimization Software 124

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 72

Modeling Software Supply Chain Design Software Supply Chain Planning Software Optimization Software 72

WorkWave

DECEMBER 2, 2024

Businesses can utilize advanced algorithms and machine learning models to predict demand and route performance under varying conditions. This predictive modeling allows businesses to proactively adjust their delivery strategies, ensuring that they allocate resources efficiently and meet customer expectations.

Optimal Sourcing 105

Optimal Sourcing Cost Reduction Resource Reduction Waste Reduction 105

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. Its worth remembering, for example, that secondary distribution tends to generate higher transportation costs than primary distribution.

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Design Distribution Networks 75

FreightWaves SONAR

DECEMBER 3, 2020

Shipping analytics tools shine a light on the value of informed freight management. Freight market participants need these top shipping analytics tools in their freight stack. Shipping status tools to track freight. Tracking shipment status is a core function of advanced shipping analytics tools. Download the White Paper.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Software Modeling Software Logistics Network Optimization Software 76

Logistics Viewpoints

MARCH 3, 2025

Knowledge Graphs are emerging as an important tool for building advanced AI capabilities. What Celanese has accomplished is the single best example ARC is aware of employing agentic AI and copilots at scale. We needed to model the data in a way that we can do simple searching. Celanese is an exception.

Packing 73

Packing Supply Chain Design Software Negotiating Skills Supply Chain Planning Software 73

Log-hub

FEBRUARY 12, 2025

Read More Automation: Driving Efficiency with Matrices Automation: Driving Efficiency with Matrices Automation, powered by matrix-based models, enables smooth-running supply chain operations. For example, a global retailer can use a tensor-based approach to manage product demand across multiple warehouses, optimizing stock levels dynamically.

Supply Chain Planning Software 52

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

WorkWave

MARCH 4, 2025

One of the most powerful yet underutilized tools for achieving this is decile data analytics. For example , let’s consider a dataset of 100 lawn measurements in a given town. Heres another example. Understanding their trends is crucial for maximizing marketing ROI and driving business growth.

Resource Reduction 64

Resource Reduction Waste Reduction Optimization Software Data 64

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

AIMMS

SEPTEMBER 28, 2020

The report outlines the tools with the highest transformational benefits and capabilities that are becoming standard business practices. In the report, you will find capabilities across five categories: technologies, competencies, frameworks, operating model strategies, and organizational models. Firefighting is the norm.

Supply Chain Design Software 166

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

Trinity Logistics

JANUARY 19, 2024

Foundational Model This is where the training/learning takes place, where you’re teaching the AI how to look at things and look at input. Large Language Model (LLM) This model is trained on vast amounts of text, can interpret what you’re asking of it, and can put a response in words that you can understand.

Supply Chain Software 127

Supply Chain Software Logistics Network Optimization Software Modeling Software Supply Chains 127

Log-hub

MARCH 7, 2025

The Key Elements of a Circular Supply Chain A successful circular economy model integrates multiple strategies to reduce waste and maximize resources. H&Ms Garment Collecting Program is a perfect example of reverse logistics in action. This model helps reduce e-waste while increasing product longevity. from 2023 to 2030.

Waste Reduction 40

Waste Reduction Resource Reduction Material Savings Cost Reduction 40

Logistics Business Magazine

JULY 23, 2021

It will be augmented with route gradient and line speed data, together with high-accuracy train performance modelling, to deliver a low-cost intelligent emissions calculation and mapping solution. The post Freightliner secures funding for emissions tool appeared first on Logistics Business® Magazine.

Modeling Software 69

Modeling Software Logistics Network Optimization Software Security Tools 69

Material Handling and Logistics

DECEMBER 14, 2018

Cloud-based supply chain management tools, the Internet of Things (IoT), artificial intelligence (AI) and machine learning are expected to figure prominently in future supply chain operations. Mistrust of data and analytics tools is not just a supply chain and logistics issue.

Supply Chain Software 166

Supply Chain Software Optimal Sourcing Supply Chains Data 166

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 Resource Reduction 259

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 117

Collaboration Supply Chain Planning Software Optimal Sourcing Modeling Software 117

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 125

Cost Reduction Price Reduction Supply Chain Planning Software Scenario Planning 125

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 117

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 117

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. If a company can specialize in core competencies with AI tools, it creates a high barrier for another company to compete against.

Modeling Software 119

Modeling Software Optimization Software Logistics Network Optimization Software Cost Reduction 119

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. Through coaching and proven assessment tools, Ann helps people become aware of their personality, emotional intelligence, and how they manage their brain energy.

Buyer Training 195

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

Logistics Viewpoints

SEPTEMBER 19, 2024

Additionally, software vendors continuously invest in tuning the performance of their algorithms and models. There is limited value to running an outdated process faster, and that value drops considerably when significant portions of the process run outside the enterprise tools.

Supply Chain Planning Software 119

Supply Chain Planning Software Scenario Planning Supply Chain Software Supply Chains 119

AIMMS

NOVEMBER 12, 2019

Let’s take some examples. . Other questions I see include: “How many statistical models does your tool support?” “Are Are there limits to the number of models?” “Can Can a user customize the statistical model?” Do you need a lot of models to develop a statistical forecast? Consider another example.

Supply Chain Planning Software 101

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

The Lean Thinker

FEBRUARY 4, 2021

Toyota Kata is not a problem solving tool. Yes, there are advanced tools that you use when things get tough. You apply the math you must to model and solve the problem at hand. There are cases where other statistical tools are needed. Scientific Thinking is the Foundation. Use the simplest method that works.

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

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.

Optimal Sourcing 166

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 166

IoT World Today

OCTOBER 15, 2020

FedEx, for example, has been on a multiyear digital transformation journey that included cloud computing and work-from-home capabilities but also widespread sensor technology buildouts, robotics forays and continued support of blockchain technologies. And … you couldn’t fake it, and [these tools held up].”.

Waste Reduction 122

Waste Reduction Cost Reduction Strategy Supply Chain Design Software 122