Logistics Viewpoints

AUGUST 1, 2024

Top Challenges Faced by Companies: Customer Preferences: Example: An online fashion retailer faces the challenge of constantly changing customer preferences. They design their supply chain on a continuous basis and focus on ecommerce retailing strategies that segment their customer base according to buying behavior.

Supply Chain Design Software 165

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Scenario Planning 165

3PL Links

NOVEMBER 12, 2024

Here are seven proven strategies every supply chain manager should explore to streamline operations, boost efficiency, and drive profitability. Optimize Inventory Management Inventory often represents one of the largest expenses in a supply chain. Cost Saving Tips for Every Supply Chain Manager 1.

Cost Reduction 62

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

CLX Logistics

MAY 3, 2024

A resilient and agile supply chain strategy is not just a prudent choice—it’s a necessity, especially within the context of chemical supply chains. Challenges in Supply Chain Strategy Planning Designing a resilient and agile supply chain organization is not without its challenges.

Material Savings 76

Material Savings Resource Reduction Cost Reduction Sourcing Strategies 76

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

Logistics Bureau

OCTOBER 10, 2022

Before we look at the barriers to optimal inventory and the possible ways to eliminate or overcome them, let’s be clear on what inventory optimisation means—because misconceptions do abound. For example, you can optimise for cost, profit, or service, but not for all of them. Service as a Barrier to Optimal Inventory.

Inventory Reduction 115

Inventory Reduction Inventory Optimization Modeling Optimization Software 115

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. Those systems and processes were designed to serve the current business model for 10 years or more.

Optimal Sourcing 97

Optimal Sourcing Optimization Software Supply Chain Design Software Supply Chain Planning Software 97

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 108

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 108

GlobalTranz

JULY 20, 2018

One such area that offers the greatest opportunity is shipping network optimization. The question is, how can a company optimize its shipping network? Optimal shipping networks are not “one size fits all.” Optimizing your shipping network doesn’t only include adding new warehouses, but removing some as well.

Cost Reduction 48

Cost Reduction Inventory Reduction Price Reduction Optimization Modeling 48

Globalior

APRIL 20, 2021

Optimizing the supply chain can mean many things and be done in many ways such as improving the picking processes, decreasing the processing time for shipping goods, improving inventory management , and much more. Supply chain optimization can be strategic or operational in nature. Clearly define your logistics strategy.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Software Optimization Software Optimization Modeling 52

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 155

Scenario Planning Supply Chain Planning Software Sourcing Strategies Optimal Sourcing 155

EazyStock

OCTOBER 20, 2020

Inventory Control Techniques that use Stock Optimization Best Practices. So we thought we’d focus on the lesser known topic of ‘stock optimization’ – this is an inventory control technique that’s becoming more popular with inventory managers to improve the efficiency of their supply chain. What is stock optimization?

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

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 120

Supply Chain Design Software Supply Chain Design Supply Chain Software Modeling Software 120

AIMMS

SEPTEMBER 28, 2020

Insights from Gartner’s Hype Cycle for Supply Chain Strategy, 2020. Gartner’s Hype Cycle for Supply Chain Strategy, 2020 offers some guidance. In the report, you will find capabilities across five categories: technologies, competencies, frameworks, operating model strategies, and organizational models.

Supply Chain Design Software 166

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

Locus

JUNE 23, 2023

So, knowing more about order fulfillment, its importance, process, and strategies is critical. At this stage, businesses check if items are safe and secure and if the inventory levels are accurate and optimized for better space. So there is no fixed rule for selecting the order fulfillment strategy. Let’s fill in!

Inventory Reduction 52

Inventory Reduction Cost Reduction Resource Reduction Vendor Strategies 52

GlobalTranz

JULY 14, 2021

Transportation management optimization can help, provided shippers know a few things about its value and where to start. Transportation Management Optimization #1: Shipment Pooling. Using a pooling strategy does not increase handling costs as it substitutes pool point costs for an LTL carrier’s terminal distribution costs.

Optimization Modeling 62

Optimization Modeling Optimization Software Optimization Material Savings 62

EazyStock

FEBRUARY 17, 2021

Inventory Replenishment Strategies to Boost Profitability. To overcome all these inventory management risks, you need a toolbox of effective inventory replenishment strategies. 5 Inventory Replenishment Strategies to Increase Profits. Any business that carries inventory needs to avoid stockouts and back orders.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction 75

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

JULY 10, 2024

ARC defines supply chain planning (SCP) products as including supply planning, demand planning/inventory optimization, and network planning. Supply Planning Supply planning systems create models that allow a company to understand capacity and other constraints it has in producing goods or fulfilling orders.

Supply Chain Planning Software 158

Supply Chain Planning Software Scenario Planning Supply Chain Design Software Supply Chain Software 158

Logistics Viewpoints

MAY 9, 2024

Another example is commuting. Over the years, AI capabilities for prediction, clustering, segmentation, and more have accelerated supply chain strategies, automating daily operations and augmenting data-driven intelligent decision support. A basic form of probabilistic modeling has long been used in demand planning.

Supply Chain Planning Software 166

Supply Chain Planning Software Scenario Planning Supply Chain Software Modeling Software 166

Bringg

MARCH 24, 2021

Supply chain optimization ensures a smoother process and a more successful business model focusing on efficiency and profit. What is supply chain optimization? . Optimizing this process allows it to function at peak efficiency. A good example of such a strategic decision could be choosing a warehouse’s location.

Optimal Sourcing 62

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

Logistics Bureau

AUGUST 16, 2021

Therefore, it would be more prudent to explore how effectively (or not) a company is implementing recruitment strategies that encourage candidates with the right mix of ops and tech expertise. Since digital transformation is a principal feature in all business functions today, competition for hybrid talent is stiff.

Supply Chain Planning Software 102

Supply Chain Planning Software Modeling Software Supply Chain Software Supply Chains 102

Stord

NOVEMBER 13, 2024

billion, demonstrating sustained growth BFCM Strategies Unfortunately, the first truth about being prepared for BFCM is not a shocking or surprising insight - the brands that can regularly and repeatedly deliver their consumer’s orders on time with healthy margins are most likely to have the component parts to succeed during BFCM.

Inventory Reduction 148

Inventory Reduction How To Cost Reduction Procurement Solutions 148

Logistics Viewpoints

JULY 12, 2022

This practice is typically owned by the sales and/or marketing organization, which is why it is so important for transportation and logistics departments to have input into customer service strategies. For example, do all customers need to be serviced equally regardless of size? This is where finance can help.

Cost Reduction 173

Cost Reduction Material Savings Resource Reduction Price Reduction 173

Logistics Viewpoints

NOVEMBER 13, 2024

Companies including Amazon and Wing are developing drone delivery systems to optimize logistical processes within restricted urban spaces. Overcoming Challenges for Scalable Deployment Strategies are available to address these challenges and enable broader integration of autonomous technologies in logistics.

Supply Chain Design Software 161

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Optimization Software 161

Logistics Viewpoints

SEPTEMBER 19, 2023

Supply chain executives must evolve from cost and service as the key objectives for optimal demand-supply balancing towards the “quadfecta” of cost, service, resiliency, and sustainability. The bullwhip effect is one example of this disruptive effect, when small changes in demand cause huge demand spikes downstream.

Supply Chain Design Software 155

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 155

Morai Logistics

JUNE 5, 2019

A recent halt in market growth for retail leader Adidas, reminds organizations about the importance to assess their supply chain excellence strategies. However, it asks us to question whether a the right supply chain excellence model is being followed. They’re facing ‘supply chain shortages’ as a result of unanticipated demand.

Eliminating Excel in Purchasing 60

Eliminating Excel in Purchasing Supply Chain Software Supply Chains Strategy 60

Ship Monk

FEBRUARY 9, 2024

A powerful order and inventory management system can track inventory levels in real time, help identify short and long-term trends, automate critical re-order points, optimize order size and cadence , generate customized reports and so, so much more. The amount of data available usually depends on the maturity of the product.

eCommerce 104

eCommerce Operations Inventory Reduction Modeling Software 104

Logistics Viewpoints

FEBRUARY 28, 2022

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. In process industries the supply chain models used for optimization are much more complex than those used in other industries.

Supply Chain Planning Software 178

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 178

EazyStock

AUGUST 21, 2020

There are many financial benefits to introducing stock reduction strategies – in particular focusing on your excess and obsolete items. Here we’re going to focus on our favorite top five inventory reduction strategies. In each of these cases, inventory optimization software can help. Supplier lead time reduction.

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

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

EazyStock

FEBRUARY 1, 2021

trillion by 2023 , indicating a need for more robust online sales strategies. For businesses to succeed in eCommerce they must ensure they have an effective eCommerce supply chain strategy. Here are ways you can optimize your inventory management practices for eCommerce competitiveness: How to Manage eCommerce Inventory.

Inventory Reduction 52

Inventory Reduction Optimization Software eCommerce Inventory 52

Logistics Bureau

OCTOBER 26, 2024

Recommendations for change are supported by rigorous modelling and benchmarking, an innate knowledge of where to look and what to look for, and professional insight into a range of improvement opportunities. If developing an effective supply chain strategy was easy, a lot more than 35% of companies would have one.

Supply Chain Planning Software 118

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 118

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?”

Supply Chain Design Software 134

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

Logistics Viewpoints

JANUARY 21, 2021

ML looks into historical data (for example, transit time statistics of carriers) and data from impactful external factors (such as port congestion, weather or holidays) and uses this information to develop more accurate transit time estimates. The model learns continuously and can adapt to changing conditions in the network.

Inventory Reduction 212

Inventory Reduction Supply Chain Planning Software Cost Reduction Logistics Network Optimization Software 212

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 63

Optimal Sourcing Optimization Modeling Optimization Software Optimization 63

CLX Logistics

NOVEMBER 13, 2023

Lutton delve into the integration of cutting-edge technologies advancing analytics into traditional supply chain models, like CLX Lanelogix — the chemical industry’s premiere benchmarking, bidding, and procurement tool.

Supply Chain Software 65

Supply Chain Software Resource Reduction Cost Reduction Optimal Sourcing 65