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

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

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 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

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

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

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

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

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 141

Supply Chain Planning Software Scenario Planning Supply Chain Software Supply Chains 141

Logistics Viewpoints

MAY 11, 2023

The concept of digital twins has emerged as a powerful foundational tool to drive improvements in warehouse productivity and efficiency. Simulation allows you to model hypothetical scenarios and physical changes without having to physically change the asset. Do they purchase a 3D warehouse simulation and modeling tool?

Optimization Software 159

Optimization Software Supply Chain Design Software Modeling Software Digital 159

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 112

Supply Chain Software Logistics Network Optimization Software Modeling Software Supply Chains 112

Logistics Viewpoints

DECEMBER 2, 2024

During COVID, this more agile and resilient model allowed the firm to grow their market share. An iGPU (integrated graphic processing unit) is a current example. We have complete visibility of the performance of the entire supply chain in one tool. This was meant to be an internal tool for Lenovo.

Supply Chain Planning Software 125

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 125

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

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.” Developing Models : Building and scaling AI models in a manner that ensures they are reliable and understandable. The agent selectively pushes data to the Aera data model.”

Supply Chain Planning Software 147

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

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 Sourcing Strategies 166

Logistics Viewpoints

FEBRUARY 20, 2024

Supply chain network design (SCND) is a powerful tool for improving business operations. 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. Optimization and simulation are the two main branches of SCND.

Supply Chain Design Software 153

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

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

MARCH 3, 2022

Logistics strategy as an enabler of new business models. They promoted logistics to the level of core process and enabler of new business models and now view a thought-through logistics strategy as an opportunity to stand out by offering a better service level to their customers, such as same-day delivery.

Expense Reduction 197

Expense Reduction Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 197

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

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

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

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 116

Modeling Software Optimization Software Logistics Network Optimization Software Cost Reduction 116

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

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

Logistics Viewpoints

JUNE 27, 2024

” Today, consumers can access various tools to select suppliers and retailers that offer the best prices, superior services, and delivery options tailored to their lifestyles. This customer pays the bills and has the power to make or break a business.

Supply Chain Software 143

Supply Chain Software Supply Chains Trends Logistics Network Optimization Software 143

Logistics Viewpoints

MAY 9, 2024

Another example is commuting. A basic form of probabilistic modeling has long been used in demand planning. Supply chains have historically relied on deterministic models fixated on one-number plans, failing to account for variability and unpredictability. Why Probabilistic, Why Now?

Supply Chain Planning Software 165

Supply Chain Planning Software Scenario Planning Supply Chain Software Modeling Software 165

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

Ship Monk

FEBRUARY 9, 2024

Accurate data forecasting requires accurate data, robust data analysis tools, and people who understand how to use them. 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.

eCommerce 105

eCommerce Operations Inventory Reduction Modeling Software 105

Logistics Viewpoints

APRIL 24, 2023

The supply chain design solution, for example, continues to grow in depth and usability. An example of this electronically automated process flow would be a buyer asking a supplier if they can provide 1,000 widgets on January 10 th , the seller replies “we can do 950 on July 11 th , is that OK?” Coupa meets this definition.

Supply Chain Design Software 134

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 134

Logistics Viewpoints

MARCH 6, 2023

For example, while GEON has over 2000 customers, initially they are manually building forecasts for 600 customers and 1200 ship-to locations. To begin the journey, GEON needed a better supply chain planning tool. The improved costing information will then be used to improve the supply chain planning model. Plan Your Cash Flows!

Supply Chain Planning Software 157

Supply Chain Planning Software Supply Chain Transformation Scenario Planning Supply Chain Software 157

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

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 103

Supply Chain Software Modeling Software Optimization Software Logistics Network Optimization Software 103

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. We relaxed constraints to allow the model to add (and fund) more distribution centers and also close distribution centers, where they didn’t support an optimized solution.

Supply Chain Design Software 116

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

SYSPRO Smarter ERP

NOVEMBER 8, 2021

For example: Japan earthquake 2016. Many of the current (pre-Covid) business models focused on partnering with suppliers and “make them part of your business” because the closer they are to the business the better they can understand the issues and respond. Supply chain disruptions. US-China trade war 2018. Suez Canal blockage 2021.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 116

SYSPRO Smarter ERP

APRIL 18, 2022

New SYSPRO research reveals 47% of survey respondents invested in sensors, IoT or IIoT to collect data and respond to supply chain disruption, however only 20% of businesses invested in data analytics tools to process and analyze the data and only 5% of businesses investigated AI and ML to draw any long-term benefit from the data collection.

Manufacturing Procurement 124

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software ERP 124