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 There is limited value to running an outdated process faster, and that value drops considerably when significant portions of the process run outside the enterprise tools.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 142

Supply Chain Planning Software Scenario Planning Supply Chain Software Supply Chains 142

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 Viewpoints

JUNE 15, 2021

That is changing as companies like Lucas introduce machine learning tools to improve planning and decision-making in the DC. These new tools will free time for managers and engineers, making them more productive and their DCs more efficient and effective. Optimize automation/robotics alongside human workers.

Optimal Sourcing 148

Optimal Sourcing Supply Chain Planning Software Modeling Software Optimization Software 148

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 123

Supply Chain Planning Software Modeling Software Optimization Software Supply Chain Software 123

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. Physical change (i.e.,

Optimization Software 160

Optimization Software Supply Chain Design Software Modeling Software Digital 160

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

JULY 10, 2024

For companies with any complexity surrounding products, channels, or customers, no IBP process can be considered robust without employing SCP tools. ARC defines supply chain planning (SCP) products as including supply planning, demand planning/inventory optimization, and network planning. An optimal plan is not a perfect plan.

Supply Chain Planning Software 158

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

AIMMS

APRIL 11, 2018

The first product of this partnership is TacticalOps, a Planning & Optimization solution for Food Manufacturers. I spoke with Luis Pinto, Partner at UniSoma, to understand the need for new planning and optimization solutions in the global food supply chain. I’ve seen the attitude towards optimization evolving yes.

Optimization Software 97

Optimization Software Supply Chain Planning Software Optimization Modeling Optimization 97

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. I belong to this second division and work mostly on mathematical modeling, simulation and supply chain analytics. . When did you join Tata Steel? .

Optimal Sourcing 116

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

MTS Logistics

OCTOBER 29, 2024

Predictive analytics, fueled by vast datasets including historical sales, market trends, and weather patterns, enables businesses to optimize inventory levels with precision, reducing overstock or shortages and ensuring customer satisfaction through accurate demand forecasting. AI’s role in sustainability is particularly noteworthy.

Optimal Sourcing 79

Optimal Sourcing Supply Chain Planning Software Logistics Network Optimization Software Optimization Software 79

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

Logistics Viewpoints

SEPTEMBER 18, 2024

Aspen Technology is very well established in the chemical industry as a software provider for process optimization. Honeywell UOP, for example, offers their own advanced OpCycle Process, which introduces a revolutionary plastics recycling technology to drive a circular economy. Solutions related to advanced recycling were also found.

Supply Chain Planning Software 134

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Modeling Software 134

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 172

Collaboration Supply Chain Planning Software Optimal Sourcing Modeling Software 172

AIMMS

JUNE 20, 2017

Supply Chain Network Optimization is key to running an efficient and profitable operation today. But while the market has changed, network optimization hasn’t actually advanced much since the 1990s. Yet, network optimization is still just a richer version of the 90’s experience. Network optimization tools aren’t future-proof.

Network Optimization Software 84

Network Optimization Software Optimization Software Supply Chain Software Modeling Software 84

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 104

eCommerce Operations Inventory Reduction Modeling Software 104

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

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. “There is only one boss. The customer. ” – Sam Walton, CEO, Walmart.

Supply Chain Software 144

Supply Chain Software Supply Chains Trends Logistics Network Optimization Software 144

ShipLilly

JUNE 23, 2021

There are examples of artificial intelligence being used to achieve these goals. For example, an online movie platform can prepare a recommended list for users based on their profile and previous behavioral patterns. Function 2: Optimizing manufacturing processes. This is done using sensors that work automatically.

Optimal Sourcing 87

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

AIMMS

APRIL 11, 2018

The first product of this partnership is TacticalOps, a Planning & Optimization solution for Food Manufacturers. I spoke with Luis Pinto, Partner at UniSoma, to understand the need for new planning and optimization solutions in the global food supply chain. I’ve seen the attitude towards optimization evolving yes.

Optimization Software 62

Optimization Software Optimization Modeling Supply Chain Planning Software Optimization 62

AIMMS

JUNE 20, 2017

Supply Chain Network Optimization is key to running an efficient and profitable operation today. But while the market has changed, network optimization hasn’t actually advanced much since the 1990s. Yet, supply chain network optimization technology is still just a richer version of the 90’s experience.

Network Optimization Software 62

Network Optimization Software Optimization Software Supply Chain Software Modeling Software 62

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. I belong to this second division and work mostly on mathematical modeling, simulation and supply chain analytics. . When did you join Tata Steel? .

Optimal Sourcing 62

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

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

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 102

Modeling Software Optimization Software Logistics Network Optimization Software Cost Reduction 102

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

AIMMS

JUNE 1, 2017

Companies are increasingly eager to hear about optimization and advanced analytics. People are very intrigued by Prescriptive Analytics and Modeling, hearing success stories from counterparts in industries like energy and retail. There are several areas where companies are eager to apply optimization. Areas of i nterest .

Supply Chain Planning Software 72

Supply Chain Planning Software Supply Chain Design Software Optimization Software Optimization Modeling 72

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 166

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

Stord

NOVEMBER 13, 2024

This optimization based on your historical sales can be further enhanced by incorporating statistical models of projected sales, and planned marketing campaigns. If you are powering your cart with a parcel and last-mile optimization solution, you can leverage your historical shipping data to implement estimated delivery dates.

Inventory Reduction 148

Inventory Reduction How To Cost Reduction Procurement Solutions 148

EazyStock

FEBRUARY 1, 2021

In contrast: eCommerce inventory optimization is the art of predicting and managing supply and demand variables while undertaking inventory management processes. The objective of eCommerce inventory optimization is to have the right products in the right place at the right time – as efficiently and cost-effectively as possible.

Inventory Reduction 52

Inventory Reduction Optimization Software eCommerce Inventory 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 Business Magazine

JULY 19, 2023

Both agree – AI technology offers a wide range of optimization potential for optimizing processes in the distribution centre as well as the entire supply chain. Equally important for the data models are the experiences of people and the requirements of consumers. Our customers are basically not looking for a new tool.

Modeling Software 57

Modeling Software Supply Chain Design Software Optimization Software Supply Chain Software 57

AIMMS

SEPTEMBER 25, 2019

There are many great examples where advanced analytics have contributed to social good. North Star Alliance , for instance, uses optimization to find optimal locations for its mobile HIV-AIDS clinics in Africa. Another case that is relevant to our current optimization project is flying children to special needs camps.

Optimization Software 62

Optimization Software Optimization Modeling AIMMS Optimization 62

Logistics Business Magazine

JUNE 22, 2023

How, for example, must future user interfaces or tools be designed? Our onsite teams only work with the best tools. WITRON therefore constantly optimizes walkways in addition to activities such as lifting or carrying – supported by modern software. “We Those responsible at WITRON speak of construction optimization.

Supply Chain Design Software 58

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Optimization Software 58

Logistics Viewpoints

MARCH 27, 2023

Demand forecasting should be tightly integrated to an inventory optimization application. 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.

Supply Chain Planning Software 126

Supply Chain Planning Software Scenario Planning Optimal Sourcing Supply Chain Software 126

WorkWave

JUNE 27, 2024

For example, a major retail chain reported significant logistical challenges due to driver shortages during the peak holiday season. Technology Solutions Route Optimization Software Leveraging route optimization software like RouteManager helps maximize efficiency, reduce fuel costs, improve delivery times and much more.

Optimal Sourcing 92

Optimal Sourcing Supply Chain Planning Software Optimization Software Availability 92

SYSPRO Smarter ERP

JULY 17, 2023

In the last few months, however, there has been an avalanche of stories and articles about amazingly powerful AI tools that use everyday language. This time last year artificial intelligence (AI) was an obscure, mainly academic, technology to most of us. The potential and challenges of generative AI are upon us.

Manufacturing Procurement 98

Manufacturing Procurement Buyer Training Supply Chain Design Software Supply Chain Planning Software 98

AIMMS

APRIL 6, 2022

There are many great examples where advanced analytics have contributed to social good. North Star Alliance , for instance, uses optimization to find optimal locations for its mobile HIV-AIDS clinics in Africa. Another case that is relevant to our current optimization project is flying children to special needs camps.

Optimization Software 118

Optimization Software AIMMS Modeling Software Optimization Modeling 118

AIMMS

MARCH 4, 2022

There are many great examples where advanced analytics have contributed to social good. North Star Alliance , for instance, uses optimization to find optimal locations for its mobile HIV-AIDS clinics in Africa. Another case that is relevant to our current optimization project is flying children to special needs camps.

Optimization Software 118

Optimization Software AIMMS Efficiency Distribution 118