Logistics Viewpoints

AUGUST 25, 2021

A TMS offers optimization capabilities across multiple modes to improve service levels and reduce freight spend. A TES is generally mode specific and lack optimization capabilities, but for shippers with simpler transportation requirements, that is often all they need. Improve Real-Time Visibility. Look to the Cloud.

Price Reduction 178

Price Reduction Cost Reduction Expense Reduction Supply Chain Planning Software 178

Logistics Viewpoints

APRIL 29, 2021

Many companies are achieving this transformation by adopting modular, elastic DC technologies – including AI and robotics – that provide continuous warehouse optimization without replacing their current monolithic and static warehouse systems. Optimization software can also be a “soft” alternative to investing in more steel (i.e.,

Optimal Sourcing 95

Optimal Sourcing Optimization Software Supply Chain Design Software Supply Chain Planning Software 95

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 124

Optimal Sourcing Manufacturing Procurement Procurement Analytics Supply Chain Planning Software 124

Logistics Bureau

OCTOBER 11, 2024

Procurement has never played such an important role in the increasingly globalised economy. Has procurement fundamentally changed itself in the past 10 years? Strategic Procurement can mean totally different things in different industries and sectors. The time when Procurement was almost a synonym to Purchasing has long gone.

Manufacturing Procurement 116

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 116

Logistics Viewpoints

FEBRUARY 28, 2022

Machine Learning, a Form of Artifical Intelligence, Has Feedback Loops that Improve Forecasting. Alex Pradhan, Product Strategy Leader John Galt Solutions, told me that “all planning vendors have bold marketing around AI.” Lead times, for example, are a critical form of master data for planning purposes.

Supply Chain Planning Software 175

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 175

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 133

Optimal Sourcing Sourcing Strategies Material Savings Supply Chain Software 133

Logistics Viewpoints

DECEMBER 17, 2024

However, as carbon taxes and emissions reporting requirements continue increasing, supply chain professionals face mounting pressures from inside and outside their organizations to measure and improve performance against new, nebulous sustainability metrics.

Supply Chain Planning Software 137

Supply Chain Planning Software Supply Chain Software Procurement Solutions Optimal Sourcing 137

3PL Links

JANUARY 1, 2025

By maintaining specific temperature conditions, the cold chain ensures that everything from perishable foods to beverages remains in optimal condition until they reach the hands of consumers. To illustrate this better, imagine the following example: a perishable food supply chain.

Optimal Sourcing 62

Optimal Sourcing Optimization Software Supply Chain Design Software Modeling Software 62

Material Handling and Logistics

DECEMBER 14, 2018

Learn how to organize your data operations in alignment with supply chain strategy. Forward-thinking supply chain professionals are looking to advanced technologies to streamline processes, improve accuracy, accelerate delivery and reduce costs. It arrives from an array of sources, and it is presented in a variety of formats.

Supply Chain Software 166

Supply Chain Software Optimal Sourcing Supply Chains Sourcing Strategies 166

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

OCTOBER 17, 2024

Treating suppliers as essential partners in the field of direct spend management—almost like customers—can be a key component of a successful company strategy. We remind why suppliers are critical for supply chain success and what CEOs and business leaders can do to improve supplier relationships.

Supply Chain Planning Software 139

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

Logistics Viewpoints

MARCH 24, 2022

Retailers also took steps to contain costs and preserve margins as they reoriented toward e-commerce like never before, including putting solutions in place to more effectively navigate carrier capacity caps and improve the visibility, accessibility, and mobility of inventory.

Supply Chain Planning Software 141

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Optimal Sourcing 141

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 141

Optimization Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Software 141

Logistics Viewpoints

JUNE 26, 2024

The benefits of using GIS in transportation are improved efficiency, safety, and sustainability. In a nutshell, here’s how GIS contributes to traffic analysis: Traffic Data Management : GIS platforms enable the collection and storage of traffic data from various sources, including sensors, cameras, and GPS devices.

Sourcing Strategies 150

Sourcing Strategies Optimization Software Optimal Sourcing Logistics Network Optimization Software 150

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 118

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 118

Logistics Viewpoints

JANUARY 18, 2024

1) Streamlined Data Flow and Process Automation Is all about AI At the heart of effective supply chain automation lies the seamless flow of data across various sources and digital platforms, akin to a well-constructed highway for data. Supporting optimal strategies for inventory investment and allocation to support your sustainability goals.

Supply Chain Software 162

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 162

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. For example, are you still a minority owned company?

Manufacturing Procurement 144

Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 144

Log-hub

MAY 22, 2024

In today’s complex and interconnected global economy, managing supply chains has evolved into a sophisticated discipline that requires advanced tools and strategies. This blog post delves into the intricacies of multi-tier supply chain analytics and optimization, exploring its significance, methodologies, benefits, and challenges.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Material Savings Supply Chain Planning Software 52

Log-hub

MAY 22, 2024

In today’s complex and interconnected global economy, managing supply chains has evolved into a sophisticated discipline that requires advanced tools and strategies. This blog post delves into the intricacies of multi-tier supply chain analytics and optimization, exploring its significance, methodologies, benefits, and challenges.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Material Savings Supply Chain Planning Software 52

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

Logistics Viewpoints

JULY 22, 2021

As product flows rapidly shifted and hard baked assumptions about lead times and sourcing locations were put to test, users across many organizations bypassed their planning systems and turned to excel sheets, internal data science teams or non-traditional supply chain vendors who could deliver AI based solutions at a faster turn.

Supply Chain Planning Software 156

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

EazyStock

DECEMBER 13, 2020

In a perfect world, supply chain managers would be able to foresee every possible risk and threat to their supply chain and have a strategy prepared to successfully address any challenges when the moment came. Optimize Inventory. For example, did you take out a loan through the Paycheck Protection Program ?

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Supply Chain Planning Software Cost Reduction 98

Logistics Viewpoints

NOVEMBER 20, 2024

For senior leaders, understanding and integrating the three pillars of sustainability—environmental, social, and economic—into supply chain strategies is essential. Senior leaders must think beyond incremental improvements, embracing systemic innovation to achieve significant environmental impact.

Supply Chain Design Software 137

Supply Chain Design Software Waste Reduction Supply Chain Software Supply Chain Design 137

Logistics Viewpoints

DECEMBER 2, 2021

Importers will look for near-term strategies to move their shipments away from congested trade lanes or process containers further inland to minimize the impact of lead time variability that has dramatically increased in 2021. Online buying will fuel home delivery growth, challenges and new strategies.

Waste Reduction 195

Waste Reduction Cost Reduction Inventory Reduction Resource Reduction 195

Logistics Bureau

NOVEMBER 28, 2024

If net profit on sales is 5%, for example, a reduction in supply chain costs from 9% to 4% (or from 12% to 7%) will double net profits. A well-managed supply chain ensures that products are available when customers need them, reducing wait times and improving the overall customer experience.

Cost Reduction 88

Cost Reduction Inventory Reduction Material Savings Expense Reduction 88

Logistics Viewpoints

AUGUST 15, 2024

Supply chain policies and configurations can be evaluated and then optimized across the likely ranges of demand, supply, disruptions, and financial drivers – providing the best plans across strategic and tactical horizons. An example is insight beyond your four walls to understand how tier one, two, three, etc.

Scenario Planning 151

Scenario Planning Supply Chain Planning Software Sourcing Strategies Optimal Sourcing 151

Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. The cloud also allows access to Big Data, which greatly improves the platform’s ability to do machine learning.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 130

Logistics Viewpoints

MARCH 8, 2021

Mr. Frasquet is the executive director of corporate procurement, although his responsibilities include a much broader set of supply chain responsibilities than just sourcing. For example, go to the Walmart, turn right, and it is the third house on the left. In 2018, they implemented a LLamasoft inventory optimization solution.

Supply Chain Design Software 167

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Supply Chain Software 167

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 102

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 102

SYSPRO Smarter ERP

JANUARY 12, 2022

Procurement in manufacturing companies is often not done correctly. With direct and indirect materials making up at least 50% of typical manufacturing costs, the procurement function could be re-imagined so companies can be more responsive to customer demands and more agile when dealing with supply chain challenges.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Supply Chain Planning Software 105

Logistics Bureau

OCTOBER 12, 2024

For those procurement or Supply Chain executives in suitable organizations, there is an increasing number of uncertainties to manage, especially in today’s tough economic environment. Procurement consultants like ourselves are required to be highly creative and innovative to resolve the business issues across a broader management disciplines.

Cost Reduction 62

Cost Reduction Procurement Analytics Optimal Sourcing Procurement 62

GlobalTranz

AUGUST 18, 2021

The right partner will also work with your team to implement changes based on data-driven recommendations and identify opportunities for continuous improvement. . Focus on Carrier Procurement and Management. Download the White Paper: Transportation Optimization: Its Strategic Role in Transportation Management.

Logistics Network Optimization Software 123

Logistics Network Optimization Software Optimal Sourcing Optimization Software Modeling Software 123

Logistics Bureau

JULY 18, 2022

As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy.

Inventory Reduction 116

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 116

Logistics Viewpoints

APRIL 7, 2022

As an example, a major retailer whose market presence is in the Americas realized that several of their shipments that originate in China pass through Russia to make their way to the west and are now subject to shipment backlogs. For the longest time, supply chain organizations’ major objective was cost optimization.

Supply Chain Design Software 157

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

Logistics Viewpoints

APRIL 22, 2021

alternate sourcing strategies), while others are potentially negative (e.g. Systems infrastructure – Cloud and improved information sharing through social and business networks, often enabled by blockchain. Volvo’s POD in Sweden is a great example. From that perspective some changes have been clearly positive (e.g.

Supply Chain Planning Software 203

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 203

Logistics Viewpoints

MAY 22, 2023

If you have been through this process at least once, you already have a good idea of what supply chain design is about: optimization. When most people hear the word “optimization,” they immediately think about minimizing costs. But optimization is much more than that! Let’s continue with this analogy.

Supply Chain Design Software 116

Supply Chain Design Software Supply Chain Design Supply Chain Software Modeling Software 116

GlobalTranz

APRIL 20, 2021

A resilient supply chain incorporates alternative sources, carriers, routes, and other characteristics so that it can flex in response to a situation. Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic. Tips For Building Supply Chain Resiliency.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115