EazyStock

APRIL 28, 2022

What does supply chain optimization mean? Put simply, supply chain optimization means using technology to get inventory to the right place at the right time – at the lowest cost and highest profit for your business. Supply chain optimization best practice. Increase technology to improve forecast accuracy.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Optimization Software 52

EazyStock

APRIL 28, 2022

What does supply chain optimization mean? Put simply, supply chain optimization means using technology to get inventory to the right place at the right time – at the lowest cost and highest profit for your business. Supply chain optimization best practice. Increase technology to improve forecast accuracy.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Optimization Software 52

Ship Monk

JUNE 14, 2023

An ecommerce store owner is expected to master everything from sourcing materials to manufacturing and procurement, to fulfillment and shipping orders to customers. The inbound supply chain encompasses all the steps that go into manufacturing and/or procuring the goods and readying them for sale.

Optimal Sourcing 52

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

CLX Logistics

JUNE 27, 2023

CLX Logistics, for example, possesses a deep understanding of regulatory requirements and railroad operations. This streamlined approach ensures quicker issue resolution, enhanced troubleshooting, superior rate negotiations, and improved customer satisfaction. Ready to apply our rail management expertise to your business operations?

Optimal Sourcing 52

Optimal Sourcing Negotiating Skills Optimization Software Logistics Network Optimization Software 52

Bringg

MARCH 24, 2021

Supply chain optimization ensures a smoother process and a more successful business model focusing on efficiency and profit. First, let’s define what supply chain optimization means, the different factors involved, and how the right supply chain optimization techniques and solutions can help you support your key business initiatives. . .

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

ShipLilly

JUNE 23, 2021

As a consequence, NVOCCs, logistics service providers, warehouse operators, and freight forwarders can improve their operations in terms of service quality, efficiency, and pace. Those that have embraced artificial intelligence have reported reduced costs, improved productivity, and more controllable margins or error.

Optimal Sourcing 87

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 87

AIMMS

JANUARY 24, 2019

Today, the steel manufacturing leader has an ambitious digital transformation agenda and is leveraging AIMMS technology to optimize operations in its home country. Your team is currently using AIMMS for a supply chain optimization project. With the output from AIMMS models, we can improve our decision- making process.

Optimal Sourcing 116

Optimal Sourcing Supply Chain Software Optimization Software Supply Chain Planning Software 116

Logistics Viewpoints

APRIL 1, 2021

In a previous post , I made a case for how the Chief Supply Chain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. Accordingly Supply Chain and Procurement will need continuous collaboration. Here are some examples of such use cases.

Optimal Sourcing 113

Optimal Sourcing Manufacturing Procurement Procurement Analytics Supply Chain Planning Software 113

Logistics Viewpoints

MARCH 27, 2024

Examples of Supply Chain Robots at MODEX 2024 Several exhibitors at MODEX 2024 showcased their innovative solutions for supply chain robotics, demonstrating the diversity and potential of this field. Here are some of the examples that caught our attention.

Optimization Software 128

Optimization Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Software 128

Logistics Viewpoints

DECEMBER 14, 2023

And even before they begin, they must realize these problems are too big for any single team—supply chain must connect with finance and procurement to treat the n-tier suppliers as an extended part of their network and become their preferred customer. By identifying these gaps, you can create sourcing events to close them.

Supply Chain Design Software 139

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Optimal Sourcing 139

EazyStock

JULY 19, 2019

What is inventory optimization? So what is inventory optimization? According to Wikipedia, inventory optimization is: “a method of balancing capital investment constraints or objectives and service-level goals over a large assortment of stock-keeping units (SKUs) while taking demand and supply volatility into account.”.

Optimal Sourcing 55

Optimal Sourcing Optimization Software Inventory Optimization 55

Stord

FEBRUARY 4, 2019

At the Port of Los Angeles, for example, a sudden rush of shipments overloaded the local warehouse market. With the threat of more trade tensions on the horizon in 2019, shippers should optimize their supply chains now to minimize disruption. This example highlights the dangers of international trade tensions.

Optimal Sourcing 78

Optimal Sourcing Inventory Reduction Optimization Modeling Cost Reduction 78

Logistics Viewpoints

NOVEMBER 8, 2022

So, how can organizations tackle the inflationary environment by finding significant cost savings opportunities while improving resiliency? The key to this lies with sourcing. Before diving further, let us define what sourcing is. Sourcing is the practice of finding and selecting suppliers for a range of services (e.g.,

Optimal Sourcing 122

Optimal Sourcing Sourcing Strategies Material Savings Supply Chain Software 122

AIMMS

JANUARY 24, 2019

Today, the steel manufacturing leader has an ambitious digital transformation agenda and is leveraging AIMMS technology to optimize operations in its home country. Your team is currently using AIMMS for a supply chain optimization project. With the output from AIMMS models, we can improve our decision- making process.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Software Optimization Software Supply Chain Planning Software 62

The Logistics of Logistics

FEBRUARY 11, 2022

How to Improve Exception Management with End-to-End Supply Chain Visibility. Original article: How to Improve Exception Management with End-to-End Supply Chain Visibility. As an added bonus, we offer five sure-fire ways an end-to-end visibility solution can help improve exception management in any supply chain. Lost revenue.

Optimal Sourcing 195

Optimal Sourcing Supply Chain Design Software Supply Chain Software Supply Chain Design 195

SYSPRO Smarter ERP

MARCH 2, 2022

To deal with the new challenges in managing and planning the supply chain , the procurement department is one of the functions that should look at changing. It is no longer sufficient for procurement to focus just on supplier costs, placing orders and ensuring goods are received. Risk management.

Optimal Sourcing 116

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Software 116

Logistics Viewpoints

FEBRUARY 7, 2024

A few ways companies can begin to offset their carbon footprint is to take a deeper look at product packaging, energy efficiency, alternative fuels, route optimization, and returns and recycling programs. For example, most people expect free next-day delivery for online purchases as a result of Amazon Prime.

Supply Chain Design Software 158

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 158

The Logistics of Logistics

MARCH 13, 2021

Sourcing Strategy: Effective vs Efficient with Ron Crabtree. Joe Lynch and Ron Crabtree discuss sourcing strategy: effective vs efficient. When developing a sourcing strategy, the focus can be effectiveness (gaining desired results) or on efficiency (reducing cost, labor, and resources used). About Ron Crabtree.

Sourcing Strategies 195

Sourcing Strategies Inventory Reduction Resource Reduction Price Reduction 195

SYSPRO Smarter ERP

JULY 12, 2022

As supply chain disruptions continue the procurement function should adapt to improve transparency, build collaborative relationships, and ensure sustainable sourcing practices, resulting in a stronger, more resilient supply chain with Cloud ERP for manufacturing. Strategic sourcing with Cloud ERP.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 105

Logistics Viewpoints

SEPTEMBER 29, 2021

Sustainability initiatives come in all shapes and sizes, including responsible product packaging, energy efficiency, alternative fuels, optimizing routes for trucks, and efficient returns management programs. A big part of sustainability initiatives includes the use of ethical sourcing. Ethical Sourcing.

Sourcing Strategies 122

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Purchasing Skills 122

AIMMS

DECEMBER 8, 2016

We had the pleasure to speak with Willem Vesters, Liberty Global’s VP Global Supply Chain Planning, to learn more about their optimization journey. These are all the set up boxes we use in the customer’s house, cable boxes and modems for example. If you’re still in denial as a company, you can’t improve. That’s a good question.

Optimal Sourcing 91

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Optimization Software 91

Talking Logistics

AUGUST 13, 2018

We do strategic carrier sourcing and contract negotiation, but it isn’t always time to renegotiate your contracts. Data-driven Optimization. For example, a company may be using two- or three-day express shipping to ship parcels over a short distance where they probably would have arrived in the same time using ground.

Negotiating Skills 62

Negotiating Skills Optimal Sourcing Optimization Software Cost Reduction 62

Talking Logistics

SEPTEMBER 11, 2017

It is also my go-to example when I try to explain supply chain and logistics to my kids. “Do Take one of the questions above, for example: Can a single truck deliver multiple types of food products together or do they get delivered via separate trucks? Do you ever wonder how all of these foods and products got here,” I ask them.

Optimal Sourcing 62

Optimal Sourcing Optimization Modeling Optimization Software Optimization 62

Logistics Viewpoints

SEPTEMBER 4, 2023

Procuring transportation for freight is much different than any other procurement category. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. One master of freight procurement is Kyle Masters. Procurement ran a request for proposal event.

Procurement Solutions 122

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 122

Material Handling and Logistics

OCTOBER 30, 2018

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. However, it is fundamental to empowering procurement success in the modern age.

Optimal Sourcing 166

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 166

Logistics Viewpoints

NOVEMBER 29, 2021

But in some industries, automotive is a prime example, these solutions enable optimal decision-making with respect to the impact of customs on business operations. Using GTC to optimize operations is the next step, beyond just using these solutions to ensure compliance to trade laws and regulations.

Optimal Sourcing 110

Optimal Sourcing Optimization Software Manufacturing Procurement Material Savings 110

WorkWave

JANUARY 29, 2024

Time To Read: 3 minutes Efficient route planning is crucial for optimizing operations and ensuring timely deliveries. Delivery businesses operating in cities, for example, with consistent traffic patterns and stable delivery routes, rely on static routing to maintain predictability and allocate resources efficiently.

Optimal Sourcing 98

Optimal Sourcing Optimization Software Modeling Software Sourcing Strategies 98

AIMMS

NOVEMBER 12, 2015

Source: Oliver Wight. Optimization is a form of advanced analytics that helps you solve complex decision problems, enabling you to make the best use of your business’ limited resources.* You can do all of this and more with an optimization technology. JBS: A case for integrating optimization in S&OP and IBP.

Optimal Sourcing 62

Optimal Sourcing Optimization Modeling Optimization Software Modeling Software 62

Logistics Viewpoints

FEBRUARY 28, 2022

Machine Learning, a Form of Artifical Intelligence, Has Feedback Loops that Improve Forecasting. Further, while artificial intelligence helps solve certain types of problems, Jay Muelhoefer – the chief marketing officer at Kinaxis pointed out – optimization and heuristics work better for other types of planning problems.

Supply Chain Planning Software 169

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 169

Logistics Viewpoints

APRIL 19, 2023

Second, what is autonomous planning in supply chain, and what are some practical examples? Autonomous Planning in Supply Chain At its core, autonomous supply chain planning entails making decisions to optimize the delivery of goods and services from supplier to customer without the need for human intervention.

Supply Chain Planning Software 132

Supply Chain Planning Software Optimal Sourcing Scenario Planning Manufacturing Procurement 132

Logistics Bureau

APRIL 3, 2023

However, I can’t recall writing a general guide about exploiting outsourcing opportunities to improve your supply chain. In this article, I will redress the balance by exploring outsourcing from a more holistic perspective, focusing on ways to consider outsourcing partnerships for improvement throughout the supply chain.

Outsourcing 87

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 87

Logistics Viewpoints

MAY 16, 2022

A supply chain collaboration network (SCCN) is a key technology for improved collaboration across an extended supply chain. But when ARC has done writing on SCCN, we have written about how this solution set can help a company optimize its own supply chain operations. A company buys these solutions to optimize their business.

Supply Chain Planning Software 126

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Supply Chains 126

SYSPRO Smarter ERP

APRIL 26, 2023

It unifies people and business processes to improve daily operations. It provides visibility into areas that are, or are not, working optimally. Data from the system can then be used to track how corrective actions are making improvements. Here are ten reasons how an ERP system can help manufacturers.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing ERP Supply Chain Design Software 98

Logistics Viewpoints

APRIL 22, 2024

Georgia-Pacific (GP) has demonstrated an application of Causal AI to dramatically improve touchless commerce. A causal model graph represents a network of interconnected entities and relationships, enabling the system to understand how various factors influence each other to create an optimized outcome.

Optimal Sourcing 135

Optimal Sourcing Supply Chain Planning Software Modeling Software Optimization Software 135

CLX Logistics

JULY 14, 2023

To help build your understanding and navigate these waters, here are four critical factors to understand when working to improve LTL c hemical shipment rates. Lisa Carr is the Procurement Manager at CLX Logistics, responsible for over-the-road transportation procurement services for CLX.

Optimal Sourcing 85

Optimal Sourcing Procurement Purchasing Skills Packaging 85

Logistics Bureau

AUGUST 2, 2021

Whether you’re planning to benchmark your supply chain or simply trying to improve how you measure its performance, it makes sense to know a little about the most commonly used KPIs for each supply chain component. 7 Procurement KPIs You Should be Using. Supplier Defect Rate. Supplier Lead Time.

Procurement Analytics 117

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 117

FreightWaves SONAR

MARCH 15, 2021

Supply chain professionals responsible for transportation procurement at Fortune 500 companies focus on three things – budget forecast accuracy, service scores and primary tender acceptance. harder to procure capacity at the benchmark rate per mile ) in both the outbound and inbound directions.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98