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 Inventory Optimization Modeling 98

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 145

Optimal Sourcing Supply Chain Planning Software Modeling Software Optimization Software 145

Logistics Viewpoints

DECEMBER 17, 2024

The ability to drill down into this data at multiple levels ensures that sustainability measures are implemented and optimized for various supply chain segments. For example, reduced emissions could result from streamlined routing or fewer trips due to improved demand forecasting.

Supply Chain Planning Software 137

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

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 96

Optimal Sourcing Optimization Software Supply Chain Design Software Supply Chain Planning Software 96

SYSPRO Smarter ERP

SEPTEMBER 17, 2024

Discrete manufacturing ERP software provides an integrated solution with the tools to help discrete manufacturers plan, execute and control production. They also need tools to record and track new and modified components and process changes, how changes affect costs, and control over routings and approval processes.

Manufacturing Procurement 94

Manufacturing Procurement Optimization Software ERP Supply Chain Planning Software 94

SYSPRO Smarter ERP

AUGUST 1, 2022

However, effectively dealing with these challenges and optimizing a manufacturing business’ processes is challenging without adopting and implementing a Bill of Materials (BOM) to accompany an organization’s ERP system. What is a Bill of Materials? First, keeping track of the production process is very beneficial.

Optimal Sourcing 111

Optimal Sourcing Manufacturing Procurement Material Savings Inventory Reduction 111

WorkWave

MAY 23, 2024

Google Business Profile (GBP) has emerged as a powerful tool for improving local visibility. An optimized GBP: Is 2.7x Be Transparent Transparency in pricing and offerings is also vital for customer journey optimization at this stage; it helps customers make informed decisions and fosters additional trust in your brand.

Optimization Software 107

Optimization Software Optimization Price Reduction Cost Reduction 107

Logistics Viewpoints

JUNE 26, 2024

GIS is a powerful tool that enables the analysis and visualization of spatial data, allowing for the integration of geographical elements into transportation planning and management. Traffic Forecasting : GIS tools can help predict future traffic flows based on historical data and trends.

Sourcing Strategies 152

Sourcing Strategies Optimization Software Optimal Sourcing Logistics Network Optimization Software 152

The Lean Thinker

JULY 2, 2024

With the justification aside, they next had us go through exercises calculating net present value and ROI for a hypothetical capital investment in tooling – as though a shop floor supervisor would do this at any point in the course of their job. Optimizing for RONA RONA is calculated by dividing net profit by total assets.

Supply Chain Design Software 397

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

Logistics Viewpoints

AUGUST 23, 2021

The LevaData solution, for example, speeds up sourcing significantly. For example, transportation management solutions from Blume Global, Descartes, E2open, One Network, and others, allow tenders and tender-accepts to be automated in a holistic application that manages the end-to-end transportation process.

Collaboration 172

Collaboration Supply Chain Planning Software Optimal Sourcing Modeling Software 172

Turvo

AUGUST 24, 2021

Getting a better shipping experience is easy with an optimized supply chain and a robust freight brokerage setup. Examples would be some traditional forms of material handling equipment. Real-time tracking and order updating tools. The right self-management options and innovative tools help drivers be more efficient.

Optimization Software 98

Optimization Software Supply Chain Software Logistics Network Optimization Software Supply Chains 98

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. Digital twins can also be used to optimize the placement of equipment and machinery, such as conveyors and pallet jacks.

Optimization Software 157

Optimization Software Supply Chain Design Software Modeling Software Digital 157

Logistics Viewpoints

FEBRUARY 20, 2024

Supply chain network design (SCND) is a powerful tool for improving business operations. Optimization and simulation are the two main branches of SCND. Optimization accounts for over 90% of all work that is being done by SCND teams. It can be used to solve a wide variety of supply chain problems. But it has gaps.

Supply Chain Design Software 151

Supply Chain Design Software Sourcing Strategies Supply Chain Design Inventory Reduction 151

FreightWaves SONAR

JANUARY 25, 2021

In this edition of “SONAR Indices & Insights,” the SONAR team showcases several mileage-focused indices to aid carriers to build trucking KPIs that will inform decisions to optimize fleet utilization among other freight KPIs. What are the SONAR indices that aid in building trucking KPIs to optimize fleet utilization?

Optimization Software 98

Optimization Software Optimization Trucking Expense Reduction 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 155

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

AIMMS

SEPTEMBER 28, 2020

The report outlines the tools with the highest transformational benefits and capabilities that are becoming standard business practices. Gartner defines Network Design as “the creation of a supply chain model to optimize the network for chosen strategic objectives.” Firefighting is the norm. Network Design.

Supply Chain Design Software 166

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

AIMMS

JUNE 5, 2019

Using Gartner’s supply chain CORE model (Configure, Optimize, Respond & Execute) you may find that when hitting the Execute time horizon, there’s simply no time for a human to make a great decision. An interesting example of this is the capability AIMMS has provided in the utility grid business for the last 15 years.

Supply Chain Planning Software 120

Supply Chain Planning Software Optimization Software Supply Chain Software Scenario Planning 120

Logistics Viewpoints

NOVEMBER 27, 2024

For example, coordinating inventory management systems with demand forecasting tools. • Application Layer: End-User Access The application layer corresponds to the user-facing systems in the supply chain, such as customer portals, supplier dashboards, and analytics tools.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Software 156

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

Logistics Viewpoints

SEPTEMBER 19, 2024

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. For example, running a batch process that now takes 8 hours instead of 12 does not translate into supply chain agility.

Supply Chain Planning Software 139

Supply Chain Planning Software Scenario Planning Supply Chain Software Supply Chains 139

AIMMS

FEBRUARY 26, 2020

Network Design tools that are fueled by powerful mathematical optimization in the back end, and intuitive scenario analysis capabilities at the front, empower you to create flexible plans and expose hidden risks in your network. Let’s explore some example s. . This leads to insightful and resilient thinking. .

Supply Chain Planning Software 146

Supply Chain Planning Software Supply Chain Design Software Scenario Planning Supply Chain Software 146

Logistics Viewpoints

MAY 6, 2021

A storm, for example, could slow the vessel down and increase transit time from one port to another. Marine optimization technologies help address all these issues. Applying optimization technology in a practical environment increases efficiency while lowering the pollution footprint across the marine supply chain. 1] [link]. [2]

Supply Chain Planning Software 180

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 180

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 131

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 131

Logistics Viewpoints

FEBRUARY 22, 2021

Govindarajan : Our previous Supply Chain Purchasing and Inventory Management tools were not enabling us to solve business challenges, we pivoted to Manhattan’s Demand Forecasting and Inventory Optimization software. Through Demand Forecasting and Inventory Optimization (DFIO), the tool provided all the capabilities in one spot.

Supply Chain Planning Software 23

Supply Chain Planning Software Supply Chain Design Software Optimization Software Supply Chain Software 23

Logistics Viewpoints

JUNE 4, 2024

It serves as a compelling example of how retailers must reassess their inventory strategies to adapt to rapidly shifting market demands driven by trends. In this blog, I will explore the use of AI/ML inventory planning for fresh products to optimize sales while minimizing waste and stockouts.

Inventory Reduction 138

Inventory Reduction Supply Chain Planning Software Inventory Waste Reduction 138

Bringg

OCTOBER 7, 2020

Employing different software for different elements of the delivery operation is doable, but a patchwork of standalone solutions that don’t work together in sync will severely limit the degree to which businesses can improve and optimize their operations. Route planning and optimization. Route Optimization.

Supply Chain Planning Software 118

Supply Chain Planning Software Optimization Software Supply Chain Design Software Modeling Software 118

Logistics Viewpoints

JULY 14, 2021

The complete process would include procurement, creation of a route guide, planning and optimization, electronic communication with carriers, visibility and exception management, freight audit, and performance management. For example, in the US, May 2020 alone eclipsed the entire 2019 holiday shopping season and $82.5

Optimization Software 160

Optimization Software Supply Chain Planning Software Supply Chain Design Software Modeling Software 160

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

AIMMS

FEBRUARY 1, 2021

To do this, we assume that these sample new customers will initially optimize based only on their current distribution assets and constraints (such as lead times), and simply allow the technology to make the best of what they already have by optimizing customer/DC associations. Optimization ‘right sizes’ your network for each scenario.

Supply Chain Design Software 116

Supply Chain Design Software Supply Chain Software Supply Chain Design Optimization Software 116

Logistics Viewpoints

NOVEMBER 8, 2023

Companies can begin to offset their carbon footprint by taking a deeper look at their supply chain, including product packaging, energy efficiency, alternative fuels, route optimization, and returns and recycling programs. The answer is to invest in sustainability benchmarking tools.

Optimal Sourcing 145

Optimal Sourcing Supply Chain Software Sourcing Strategies Optimization Software 145

Logistics Viewpoints

FEBRUARY 16, 2021

According to the Global Supply Chain Disruption and Future Strategies Survey Report, this goal was the top-ranked planned tool investment. This example illustrates why supply chain visibility isn’t enough. But the opposite is not true – if you optimize one link, you have not optimized the entire supply chain.

Supply Chain Planning Software 184

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 184

Ship Monk

MARCH 21, 2024

Today’s CRM platforms have adapted and expanded their tools to meet the needs of ecommerce businesses. Let’s take a look at CRM systems, the tools they provide, and the benefits they offer to ecommerce businesses. Here are some of the tools CRM systems offer.

Optimization Software 105

Optimization Software eCommerce Logistics Network Optimization Software Procurement Solutions 105

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. . There is a strategic incentive in understanding the optimal sourcing location for specific customers, and the optimal sourcing location for different resources.

Supply Chain Design Software 139

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

Logistics Viewpoints

MARCH 24, 2022

It allows them to identify the right carrier service and optimal point of origin for every parcel delivery, seize the best opportunities to cut costs and scale shipping strategies, offset carrier capacity constraints and capacity-based surcharges, reduce costs with bulk shipping, improve returns processes, and more.

Supply Chain Planning Software 142

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Optimal Sourcing 142

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 152

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 152