Logistics Viewpoints

FEBRUARY 28, 2022

Lead times, for example, are a critical form of master data for planning purposes. The processing units in an oil refinery, for example, operate at high temperature and high pressure. One example of the value of machine learning in demand planning comes from Mahindra & Mahindra. These constraints need to be understood.

Supply Chain Planning Software 142

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 142

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. The CEO – Matt Elenjickal – told me that the company has roughly $100 million in revenue. That is fast growth. The network has grown in size.

Supply Chains 124

Supply Chains Inventory Reduction Cost Reduction Procurement Solutions 124

Logistics in War

MARCH 7, 2020

The difficulty experienced in obtaining basic household products – toilet paper for example – as consumers buy in preparation for a state of quarantine that may never come, as trite an issue as it may be, starkly demonstrates how critical human behaviour is in the calculus. The ADF has experienced this ‘tradition’ in the past.

Military 144

Military Resource Reduction Supply Chain Planning Software Scenario Planning 144

Logistics Viewpoints

APRIL 8, 2024

Mr. Daniels reports they have 870 employees, so based on a market study recently completed by ARC, this claim is credible. The procurement department defines their appetite for risk and only suppliers that exceed a risk threshold score are displayed as companies they should not do business with.

Supply Chain Software 122

Supply Chain Software Supply Chains Manufacturing Procurement Logistics Network Optimization Software 122

Ship Monk

APRIL 5, 2024

The fact is, most business owners think of procurement as nothing more than a transactional relationship. For example, evaluate processes including invoicing, payment, tech integrations, communications, timely approvals, and customer service responses. Establish KPIs that hold both your suppliers and your procurement team accountable.

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 105

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 109

Optimization Software Supply Chain Planning Software Supply Chain Design Software Modeling Software 109

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Why Choose a Job in the Supply Chain Industry?

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 98

Talking Logistics

FEBRUARY 14, 2018

This coincides with a Wall Street Journal article from earlier this month ( Rising Freight Costs Are Weighing on Companies’ Profits ) that provided similar examples, including “cardboard maker Packaging Corp. Leading Practices in Transportation Procurement. The report, “Truck Driving Jobs: Are They Headed for Rapid Elimination?”

Optimal Sourcing 87

Optimal Sourcing Trucking Cost Reduction Price Reduction 87

Logistics Bureau

JANUARY 7, 2020

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. Mini Case Study: Whirlpool. So if you want to be sure of business success, review your supply chain strategy. SEE ALSO: Supply Chain Strategy Development. .

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 111

GlobalTranz

NOVEMBER 19, 2018

Besides, these risks are much more serious (for example, there were about 134,000 reported cyber-attacks on businesses in 2017 , or almost 50 percent increase from 2016). That’s why the number of respondents in the SCM World’s study who were “very concerned” about IT security has been increasing rapidly in the recent years.

Supply Chain Design 75

Supply Chain Design Supply Chains Scenario Planning Optimal Sourcing 75

Logistics Viewpoints

AUGUST 25, 2021

For example, in last mile routing the time a job takes to complete is dependent not just on the miles that need to be driven but also on the congestion, the type of product being delivered, the type of residence, and whether the value-added services are provided at the destination. Invest in IoT. Address Outsourcing Risks Head On.

Price Reduction 123

Price Reduction Cost Reduction Expense Reduction Supply Chain Planning Software 123

Logistics Bureau

JANUARY 2, 2025

Whether that is the case or not, a brief study of the origins and progression of fleet route optimisation, covering the last three decades or so and looking forward to the near future, highlights in a spectacular way how technology, in particular, has revolutionised the business of logistics.

Logistics Network Optimization Software 75

Logistics Network Optimization Software Optimization Software Optimal Sourcing Logistics 75

Kanban Logistics

AUGUST 13, 2020

This includes the procurement and delivery of the parts used to build the finished product. Third-party procurement. Right now, your buyers probably spend a good percentage of their time negotiating with, and procuring goods from, makers of boxes, nuts, bolts, and other consumable parts and materials. What is inbound logistics?

Manufacturing Procurement 98

Manufacturing Procurement Inbound 3PL Material Savings 98

Logistics Bureau

JANUARY 25, 2017

The variety of functions involved – product design, procurement, warehousing, production, transport, distribution, sales, for instance – encourages demand for new employees and multiplies possibilities for moving around inside too. Supply chain is often what people define it to be. Transportation (transportation manager, fleet manager).

Negotiating Skills 75

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 75

Trinity Logistics

OCTOBER 31, 2021

Transportation management affects every part of your logistics process, from planning to procurement and more. For one example, a TMS can analyze many batch shipments based on various sophisticated parameters and can determine the most cost-effective route plan for your shipment. Why You Need Transportation Management Software.

Optimization Software 126

Optimization Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 126

Talking Logistics

MAY 25, 2017

Director of Transportation at Giant Eagle, presented a great customer case study on how the company transformed its transportation operations. Appointment Scheduling and Yard Management enhancements. User Experience improvements. Ann-Marie Daugherty, Sr. The transformation resulted in significant benefits: Cube improved by 7 percent.

Supply Chain Design Software 25

Supply Chain Design Software Supply Chain Planning Software Conference Modeling Software 25

Logistics Bureau

MARCH 19, 2020

Almost 75 percent of US companies are experiencing capacity shortfalls in their supply chains, due to Coronavirus-linked transport disruptions , a new study has shown. A study of the tactics employed by companies falling into category 2 may provide lessons in shrewd supply chain management that we could all learn from.

Supply Chains 64

Supply Chains Manufacturing Procurement Food and Agriculture Optimal Sourcing 64

Talking Logistics

JULY 19, 2018

Visibility Enables Faster Procure-to-Pay and Order-to-Cash processes : for example, you can leverage Electronic Proof of Delivery (ePOD) and geofencing to initiate invoicing and payment process. . In case you missed it, check out my short video interview with William and David and our write-up of the case study.

Capacity 77

Capacity Efficiency Procurement Analytics Procurement Solutions 77

Logistics at MPEPS at UPV

APRIL 15, 2023

According to a study by Barth et al. A case study of the University of California, Berkeley, showed that implementing a green procurement policy resulted in an estimated annual cost savings of over $200,000 (Marrone, 2010). Sustainable procurement in the public sector: an international comparative study.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Waste Reduction Material Savings 52

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Examples of building intelligence in your processes: Automating product segmentation based on multiple dimensions including revenue, demand variability, supplier lead-times to manage different service level targets.

Supply Chain Planning Software 113

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 113

Logistics Bureau

JANUARY 17, 2022

We’re talking responsible consumption and production, for example, transition to renewable energy, ethical labor and trade, the manufacturing and retail impacts on life on land and underwater, just being sustainable and meaningfully contributing to the communities where we operate. Sustainable Supply Chain in Action: An Example.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 98

Logistics Business Magazine

NOVEMBER 24, 2023

Studies show that in some areas, around a third of companies that were unable to fill all vacancies did not receive a single application. As studies show, young people place a high value on flat hierarchies and want modern IT systems in their day-to-day work. The EU is pushing for a comprehensive supply chain law.

Supply Chain Planning Software 55

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimization Software 55

Logistics Viewpoints

MARCH 21, 2021

The premise of the study was interesting. As the P&G example shows, effective collaboration within the broader organization and across partners and customers becomes a key success factor. But Nicolas Frasquet, the executive director of corporate procurement, asserts the savings are not just based on optimization technology.

Supply Chain Planning Software 127

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 127

Logistics Viewpoints

MARCH 2, 2023

A famous 2010 HBR article, “Roaring Out of Recession,” studied how 4,700 public companies fared during the recessions of 1980, 1990, and 2000. For example, imagine your company moves 10,000 containers a year with an average contents value of $75,000. 17% went bankrupt, went private, or were acquired. Reduced working capital.

Waste Reduction 116

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 116

Logistics Viewpoints

AUGUST 29, 2022

Examples of third-party data would include weather forecasts, sustainability ratings, or D&Bs on a company’s financial viability. For example, a manufacturer might have a supplier in Hanoi they purchase key components from. One of the players in this market, Resilinc, is monitoring 105 million data sources.

Supply Chain Planning Software 104

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Supply Chain Software 104

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% The study projects a risk-adjusted $31.2 due to the higher costs associated with online selling.

Optimal Sourcing 104

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 104

Material Handling and Logistics

JULY 24, 2018

However, a new study shows that the deterioration in receivables is masked by a significant slowing of payments to suppliers. For example, companies can focus on differentiating critical from non-critical suppliers. The 1000 largest non-financial companies in the U.S. There are simply much better options available.

Optimal Sourcing 92

Optimal Sourcing Inventory Reduction Survey Inventory 92

Logistics in War

SEPTEMBER 7, 2024

These views may be correct, but anecdotes are no replacement for the detailed study of what went wrong and – more importantly – why. Why, then, should we bother studying the logistics-related issues pertaining to operations in East Timor if such issues are to be expected?

Logistics Network Optimization Software 74

Logistics Network Optimization Software Military Logistics Definition 74

Logistics Bureau

DECEMBER 4, 2023

It’s a random approach in which, for example, a consignment of electric blenders might find a home in a storage location between bottles of shampoo on one side, and dog collars on the other. As you can deduce from Amazon’s example, there is no standard for an optimal warehouse layout. What Next for Toyota IM?

Inventory Reduction 75

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 75

Logistics Business Magazine

APRIL 21, 2022

The study, conducted by Economist Impact, surveyed executive-level participants representing businesses in 26 major countries across the globe. For example, 42.5% The research was commissioned by DP World , global logistics company and a key participant in the World Logistics Passport. This compared to 19.9% for those in China, 27.5%

Cost Reduction 47

Cost Reduction Transportation Manufacturing Procurement Optimal Sourcing 47

GlobalTranz

APRIL 30, 2015

” In the process of business procurement and especially in the supply chain, supplier risk management is a skill set that needs focus day in and day out. This post is the second in a series of “How to Spot Supplier Risk.” Awareness and paying attention are cornerstones of supplier risk management.

Buyer Training 93

Buyer Training Training Security Logistics Network Optimization Software 93

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. Here is another example based on a real-world project that we just completed.

Optimal Sourcing 48

Optimal Sourcing Optimization Software Optimization Vendor Strategies 48

Talking Logistics

OCTOBER 12, 2018

Trucking costs to halve by 2030, study predicts (LLoyd’s Loading List). A TMS user, for example, can say to the system, “Show me all uncovered loads,” or an inventory manager can ask, “Which stores have less than three days inventory of product X?” Loadsmart Announces $21.6 Hurricane Michael: How Can Logistics Professionals Help?

Logistics Network Optimization Software 77

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 77

Logistics Bureau

DECEMBER 4, 2024

It is the management process of the entire journey of a product, encompassing the entire supply chain from procurement of raw materials to the final product reaching the consumer. For example, imagine a chocolate bar: it doesnt make its way onto supermarket shelves on its own, does it? So what exactly is supply chain management?

Supply Chain Design 40

Supply Chain Design Optimal Sourcing Supply Chains Manufacturing Procurement 40

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. Sometimes very successfully.

Supply Chain Design Software 56

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 56

Logistics in War

MARCH 10, 2018

This is a ‘pointy end’ view of the matter, and if you wanted to take a more strategic look at the picture, you can start considering common standards for equipment and procurement, and the methods by which these are negotiated. We should give it our personal and professional attention. [1] 1] McCormick, R., Sanders, G.,

Negotiating Skills 46

Negotiating Skills Military Logistics Network Optimization Software Resource Reduction 46

Talking Logistics

JULY 25, 2018

Take EDI, for example. Think of it as a business intelligence dashboard for the business user that displays information gathered from EDI transactions in the context of the Order-to-Cash or Procure-to-Pay process. IBM Case Study: Supply Chain Intelligence, Watson, and Resolution Rooms. 52% reduction in expedite costs.

Supply Chain Planning Software 92

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 92