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 180

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 180

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 161

Optimization Software Supply Chain Planning Software Supply Chain Design Software Modeling Software 161

3PL Links

OCTOBER 29, 2024

Image source: Pexels | How Real-Time Inventory Tracking Can Boost Your Profit in 2025 In today’s fast-moving business environment, real-time inventory tracking has become a critical tool for optimizing operations, cutting costs, and driving profitability.

Inventory Reduction 62

Inventory Reduction Optimal Sourcing Inventory Cost Reduction 62

Blue Grace Logistics

JULY 24, 2018

The term “optimization” is thrown around often in the logistics landscape. It’s true, optimization is an indispensable part of a well-run business model. While the decision is sometimes considered arbitrary, in order to optimize your operation, i.e. lower cost and maximize profit, it is crucial to consider the following factors. .

Optimal Sourcing 48

Optimal Sourcing Negotiating Skills Cost Reduction Supply Chain Design Software 48

Logistics Viewpoints

SEPTEMBER 18, 2024

The aim of this study is to understand ho w well these companies are fulfilling the need for increased sustainability in the chemical industry. More than twenty companies were analyzed. Aspen Technology is very well established in the chemical industry as a software provider for process optimization.

Supply Chain Planning Software 136

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Modeling Software 136

AIMMS

JUNE 16, 2020

How are companies leveraging scenario modeling for network design and optimization ? The good news is many of the survey’s respondents recognize the potential of more advanced optimization solutions. Another use case we see for scenario modeling in the current context is evaluating new sourcing locations.

Scenario Planning 144

Scenario Planning Supply Chain Design Software Supply Chain Design Optimization Modeling 144

AIMMS

MARCH 30, 2020

The examples below show you how to do this in AIMMS SC Navigator Apps, but we encourage you to study these scenarios in the tools you have at your disposal. . Multiple best/worst case scenarios should be run under different demand conditions to study the impact on your supply chain. Study 2: Inspect Demand Trends .

Supply Chain Design Software 139

Supply Chain Design Software Supply Chain Planning Software Scenario Planning Supply Chain Design 139

Transporeon

SEPTEMBER 19, 2017

Transportation procurement, the process of identifying and evaluating logistics providers, is a game of options. As a simple example, if you have 100 lanes with 10 offers per lane, that number would be 100 10 , or 100,000,000,000,000,000,000. This is where combinatorial optimization can help. On behalf of a U.S.-based

Optimal Sourcing 48

Optimal Sourcing Optimization Software Optimization Vendor Strategies 48

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. Invest in IoT.

Price Reduction 180

Price Reduction Cost Reduction Expense Reduction Supply Chain Planning Software 180

The Lean Thinker

JULY 2, 2024

Nor did they talk about executive bonuses or using excess cash for stock buybacks to raise the price of outstanding stock rather than investing that money into developing new aircraft; improving existing products or processes; or distributing that profit as dividends to the shareholders. Remember that this was 1992 or so.

Supply Chain Design Software 397

Supply Chain Design Software Price Reduction Supply Chain Planning Software Optimization Software 397

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Supply chain planning involves interaction with different types of information based on internal and external data sources. This includes internal and external data sources.

Supply Chain Planning Software 166

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 166

3PL Links

OCTOBER 22, 2024

Image source: Pexels | Shipping Trends for 2025: What Will Change and How to Adapt The logistics industry is continuously evolving, and as we move closer to 2025, businesses will face a range of transformative changes. Studies predict that fuel costs may rise by 10-15% by 2025, making efficient routing a priority for logistics providers.

Cost Reduction 62

Cost Reduction Price Reduction Sourcing Strategies Resource Reduction 62

Logistics at MPEPS at UPV

APRIL 15, 2023

In this blog post, it will explored how implementing innovative logistics solutions within universities can lead to significant improvements in resource management, cost savings, and overall sustainability, drawing on academic research, statistical data, and real-world success stories. According to a study by Barth et al.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Waste Reduction Material Savings 52

TransAudit

DECEMBER 13, 2023

By embracing a circular supply chain, industry leaders can help: Eliminate waste and pollution Circulate products and materials at their highest value Regenerate nature As organizations continue to optimize supply chains , this process can provide significant benefits. A circular supply chain can reduce greenhouse gas emissions.

Supply Chain Design Software 87

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chains 87

Logistics Viewpoints

FEBRUARY 8, 2022

For example, they might browse products online, but visit a brick-and-mortar store to finalize their selection. As just one example, Nike’s online sales grew by 75% in 2020 — but its profit margins fell from 45.5% due to the higher costs associated with online selling. While driving a projected $14.1

Optimal Sourcing 125

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 125

Logistics Bureau

NOVEMBER 3, 2024

Mini Case Study: Walmart Walmart may be the most famous example of a company that has succeeded primarily because of a well-developed and aligned supply chain strategy. You may well find opportunities for savings and service improvements, perhaps enough to substantially improve the chances of business success.

Supply Chain Design Software 82

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 82

Logistics Viewpoints

MARCH 2, 2023

Much of this newfound optimism is attributable to a record jobs report in January – and yet we’ve seen a spate of layoffs in tech and other industries. A famous 2010 HBR article, “Roaring Out of Recession,” studied how 4,700 public companies fared during the recessions of 1980, 1990, and 2000.

Waste Reduction 135

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 135

AIMMS

MARCH 30, 2020

The examples below show you how to do this in AIMMS SC Navigator Apps, but we encourage you to study these scenarios in the tools you have at your disposal. . Multiple best/worst case scenarios should be run under different demand conditions to study the impact on your supply chain. Study 2: Inspect Demand Trends .

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Planning Software Scenario Planning Supply Chain Design 62

Logistics Bureau

NOVEMBER 14, 2018

If you have not yet tackled the question of ethics in procurement, now is a great time to start. It does not matter whether you are a procurement professional, internal customer, external customer, senior executive, or supplier. Procurement is what sets entire supply chains and their organisations in motion.

Procurement Analytics 77

Procurement Analytics Optimal Sourcing Procurement Solutions Procurement 77

Logistics Viewpoints

MAY 8, 2023

The problem was that when the planning solution spit out recommendations, and someone in sourcing or someone on the factory floor looked at those recommendations, they just did not believe them. Meanwhile, inventory optimization and production scheduling are more of a black box. In other words, trust more, question less.

Supply Chain Planning Software 134

Supply Chain Planning Software Scenario Planning Optimal Sourcing Production 134

Trinity Logistics

OCTOBER 31, 2021

Transportation management affects every part of your logistics process, from planning to procurement and more. Through a TMS, you can automate and optimize your processes, gain visibility into your logistics, and view valuable data.?. Optimization. Check out Albaugh's Case Study to see how a TMS helped their company.

Optimization Software 93

Optimization Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 93

SYSPRO Smarter ERP

SEPTEMBER 20, 2021

For example, before the pandemic, companies could get by with analog machines, paper-based systems, and disconnected point solutions. Similarly, a 2021 study from McKinsey showed that just 19% of companies that had adopted Industry 4.0 Manufacturers need a single source of accurate information. I should know.

Manufacturing Procurement 110

Manufacturing Procurement Optimal Sourcing Optimization Software Digital 110

Blue Grace Logistics

JUNE 13, 2022

The largest year-over-year increase in pressure in 2021 came from investors, governments, and international governing bodies, according to The State of Supply Chain Sustainability 2021 study from The MIT Center for Transportation & Logistics. The driver is happier and the carrier’s margins have improved. Leaf Logistics Inc.

Supply Chain Design Software 62

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

AIMMS

JUNE 16, 2020

How are companies leveraging scenario modeling for network design and optimization ? The good news is many of the survey’s respondents recognize the potential of more advanced optimization solutions. Another use case we see for scenario modeling in the current context is evaluating new sourcing locations.

Scenario Planning 71

Scenario Planning Supply Chain Design Software Supply Chain Design Optimization Modeling 71

GlobalTranz

OCTOBER 15, 2015

As a sourcing or procurement manager, you may think there’s nothing new about supplier collaboration. Your chief procurement officer (CPO) most likely disagrees. For sourcing managers, this can be a lot of pressure. The need for supplier collaboration in procurement is greater than ever.

Optimal Sourcing 95

Optimal Sourcing Collaboration Procurement Optimization Modeling 95

3PL Links

DECEMBER 3, 2023

Predictive Analysis in Logistics and Supply Chain: How to Apply | Image source: Pexels In logistics, predictive analysis is simply the process of identifying and forecasting patterns, trends, and behaviors in both human and machine learning approaches, data, and algorithms. How predictive analytics works in logistics?

Supply Chain Planning Software 48

Supply Chain Planning Software Optimal Sourcing Analysis Supply Chain Software 48

SYSPRO Smarter ERP

NOVEMBER 15, 2021

A 2013 study by TalkTo estimated that the average American spends between 10 and 20 minutes each week listening to pan flute music, that is the equivalent of 13 hours per year or 43 days in a lifetime! Chatbots for example assist users with self-service options to get instant answers without the need to interact with human agents.

Supply Chain Software 105

Supply Chain Software Supply Chains Optimal Sourcing Manufacturing Procurement 105

WorkWave

JUNE 4, 2024

From optimizing your online presence to leveraging social media and customer reviews, these tips will help you stand out in a competitive market and grow your business effectively. They serve as a form of word-of-mouth marketing, with studies showing that consumers trust online reviews as much as personal recommendations.

Optimal Sourcing 52

Optimal Sourcing Material Savings Sourcing Strategies Optimization Software 52

Ship Monk

MARCH 11, 2024

And when we feel uncertain, humans tend to look for examples of what others in our situation have done. We’ll give you some examples of social proof, and we’ll even rank them in terms of trustworthiness. Social Proof Examples, Ranked Social proof can take many forms, and they’re not all equal. What is Social Proof?

eCommerce 105

eCommerce Logistics Network Optimization Software Case Study Procurement Solutions 105

WorkWave

NOVEMBER 18, 2024

This approach not only benefits the planet but also enhances safety for families and pets and can improve customer trust and loyalty. Improved customer trust and loyalty Adopting eco-friendly pest control methods enhances customer trust through a visible commitment to sustainability. Natural repellents (e.g.,

Material Savings 52

Material Savings Resource Reduction Sourcing Strategies Optimal Sourcing 52

Logistics Viewpoints

FEBRUARY 23, 2023

A McKinsey study found that 90% of supply chain leaders expected to transform their planning systems. A snapshot may optimize one link but won’t optimize the chain. Accenture’s recent study found that only 38% of executives feel their teams have the digital skills needed to capitalize on the technology they are given.

Supply Chain Planning Software 135

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Digital 135

Logistics Business Magazine

JUNE 25, 2024

Take Germany, for example: the “Trends in Logistics & SCM” study conducted by the German Logistics Association BVL in 2023 shows that cost pressure was the most important topic for decision-makers in 2016, but in 2023 it only ranks fourth. Things were different a few years ago.

Supply Chain Design Software 57

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 57

Conger

MARCH 22, 2024

The Benefits of Implementing AGVs in Your Operations Components and Types of AGVs AGV Navigation Technology Choosing the Right AGV Solution for Your Needs Ensuring Safety and Compliance in the Workplace Real-World Applications and Case Studies Overcoming Challenges with AGVs Conclusion Understanding Automated Guided Vehicles (AGVs) What is an AGV?

Materials Handling 78

Materials Handling Material Savings Supply Chain Software Cost Reduction 78

3PL Links

MAY 11, 2023

Image source: Pixabay | Maximize Your Efficiency: Top 5 Supply Chain Trends to Adopt in 2023 We can all agree that the supply chain is critical to a business’s operational success, right? In simple terms, with a set of data, it is feasible to make more informed decisions in order to improve the effectiveness and precision of processes.

Sourcing Strategies 62

Sourcing Strategies Supply Chain Software Supply Chains Optimal Sourcing 62

GoShip Blog

MAY 26, 2022

As a small business owner, improving your brand’s sustainability holds incredible benefits for the environment and your bottom line. A recent study by the Economist Intelligence Unit showed a 71% increase in online searches for sustainable goods over the past five years. Learn About How Your Supplies are Sourced.

Waste Reduction 52

Waste Reduction Optimal Sourcing Material Savings Cost Reduction 52

Conger

MARCH 22, 2024

The Benefits of Implementing AGVs in Your Operations Components and Types of AGVs AGV Navigation Technology Choosing the Right AGV Solution for Your Needs Ensuring Safety and Compliance in the Workplace Real-World Applications and Case Studies Overcoming Challenges with AGVs Conclusion Understanding Automated Guided Vehicles (AGVs) What is an AGV?

Materials Handling 74

Materials Handling Material Savings Supply Chain Software Cost Reduction 74

Logistics Viewpoints

OCTOBER 2, 2023

ARC Advisory Group did a study on the supply chain collaboration network (SCCN) a couple of years ago. In that study, FourKites 2021 revenues were estimated to be $65 million. But, according to Mr. Elenjickal the leading reason their solution is now bought is to improve customer service. That is fast growth.

Supply Chains 151

Supply Chains Inventory Reduction Cost Reduction Procurement Solutions 151