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 168

Sourcing Strategies Optimization Software Optimal Sourcing Logistics Network Optimization Software 168

The Logistics of Logistics

FEBRUARY 11, 2022

If new hardware is required, it can often be sourced from the WMS vendors. But as these are largely commodity devices, a smart strategy can be to source this hardware separately, with the advice and recommendations from the WMS vendor. Often, a company already has some existing hardware that can be re-purposed with the new WMS.

Modeling Software 221

Modeling Software Logistics Network Optimization Software Cost Reduction Vendor Strategies 221

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. The structural designs were far more tolerant of production variation, for example.

Supply Chain Design Software 397

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

Logistics Viewpoints

JANUARY 31, 2024

For example, once the permanent CBAM system enters into force on 1 January 2026, importers will need to declare annually the number of goods imported into the EU in the preceding year and their embedded GHG emissions. In 2021, 99 percent of S&P 500 companies reported ESG-related information.

Data 181

Data Manufacturing Procurement Material Savings Supply Chain Software 181

Logistics Viewpoints

SEPTEMBER 19, 2023

The bullwhip effect is one example of this disruptive effect, when small changes in demand cause huge demand spikes downstream. Table 1 describes a few examples of these types of risks. Examples of disruptive risks are suppliers going out of business or shipwrecks that result in the loss of cargo containers.

Supply Chain Design Software 167

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 167

Material Handling and Logistics

DECEMBER 14, 2018

Cloud-based supply chain management tools, the Internet of Things (IoT), artificial intelligence (AI) and machine learning are expected to figure prominently in future supply chain operations. It arrives from an array of sources, and it is presented in a variety of formats. More data is coming in than ever before.

Supply Chain Software 166

Supply Chain Software Optimal Sourcing Supply Chains Sourcing Strategies 166

Material Handling and Logistics

OCTOBER 30, 2018

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. Digitization is Your Friend. Digitization is your friend, but quality data is your foundation.

Optimal Sourcing 166

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 166

The Lean Thinker

JULY 11, 2024

The expansion, examples and explanations are my interpretation. One key indicator – if you have put in a technical solution (like “standard work” or “5S” for example), but then seen it erode, then you are probably in adaptive territory. A new ERP system is a prime example. Whose Work Is It?

MRP 195

MRP ERP Course Resource Reduction 195

Logistics Viewpoints

OCTOBER 24, 2024

SAP is embedding its generative Joule across the SAP Ariba source-to-pay solution portfolio to make it easier for their customers to manage routine inquiries, such as status updates, summarization, and frequently asked questions. It is a brilliant tool.” Their copilot-style solution is known as Joule.

SAP 157

SAP Procurement Solutions Manufacturing Procurement Procurement Analytics 157

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 156

Supply Chain Planning Software Scenario Planning Supply Chain Software Supply Chains 156

Logistics Business Magazine

JULY 23, 2021

Freight operators are actively pursuing ways to decarbonise diesel trains, which is not just a matter of switching to lower carbon energy sources but also operating more efficiently – for example, by operating longer trains that are more energy and emissions efficient.

Modeling Software 69

Modeling Software Logistics Network Optimization Software Security Tools 69

Logistics Viewpoints

OCTOBER 10, 2022

Risk management solutions scrape data from hundreds of thousands of online & social-media sites, but Autoliv also has access to sources of information that they pay for. They wanted these diverse sources of information pulled together in one central, user-friendly location they call their “garage.” And we are making progress.

Supply Chain Planning Software 164

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 164

IoT World Today

MARCH 27, 2020

These tools will become the foundation on which supply chain managers gain insight into their markets and erratic supply and demand trends. And “it’s a great tool,” but there are more sophisticated, more accurate tools to do sourcing. About 82% that use advanced analytical tools, according to Supply Chain Quarterly.

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Procurement Analytics 145

Logistics Viewpoints

DECEMBER 2, 2024

An iGPU (integrated graphic processing unit) is a current example. We have all the connected planning data we get from blue Yonder, all of the product data we get from the product systems, all of the shipment information that’s coming in from the carriers, as well as risk information from Everstream and other sources.

Supply Chain Planning Software 138

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 138

Logistics Viewpoints

JUNE 6, 2022

Transportation is, of course, a major source of green house emissions. For example, Oracle is using average emission from a 5-ton truck, or a bulk tanker. For example, if they buy a component for their hardware products in Thailand, they have an estimate for the logistics emissions associated with the component.

Cost Reduction 164

Cost Reduction Price Reduction Supply Chain Planning Software Scenario Planning 164

IoT World Today

MAY 21, 2020

Supply chain recovery hinges on incorporating robust data analytics and other data-driven tools into business operations to increase efficiency, reduce costs and proactively manage risk. Many product components are sourced from Asia, which experienced a major slowdown in production in early 2020. Supply Chain Faces Perfect Storm.

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 145

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

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. Adding social proof to your website, product pages, and marketing tools builds trust in your product. What is Social Proof?

eCommerce 105

eCommerce Logistics Network Optimization Software Case Study Procurement Solutions 105

Logistics Viewpoints

OCTOBER 17, 2024

Access to Unique Process and Asset Capabilities: Some suppliers offer unique skills, technologies, or processes that are not available in-house or through other sources. An example of this is Vendor Management Inventory and Capacity Collaboration for contract manufacturing. Nari Viswanathan is Sr.

Supply Chain Planning Software 157

Supply Chain Planning Software Manufacturing Procurement Supply Chain Design Software Optimal Sourcing 157

Logistics Viewpoints

MARCH 27, 2023

Increasingly, forecasts are being improved by leveraging outside data sources rather than merely relying on a company’s internal historical shipment data. 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.,

Supply Chain Planning Software 138

Supply Chain Planning Software Scenario Planning Optimal Sourcing Supply Chain Software 138

Logistics Viewpoints

JULY 28, 2021

As I mentioned in an earlier post on the growth drivers for the Transportation Management Systems market , transportation visibility tools are one of a number of technologies that are improving performance and helping to reduce freight spend. Real-time visibility tools are often thought of as an over-the-road technology.

Transportation 157

Transportation Supply Chain Software Logistics Network Optimization Software Manufacturing Procurement 157

Logistics Viewpoints

FEBRUARY 26, 2024

Everything from contrast dye, to tubing, to medical devices with embedded semiconductor chips would suddenly become difficult to source. For example, when a UPS strike was looming last year, the Interos solution automatically highlighted Cooper’s strategic suppliers that relied on UPS for shipping.

Supply Chain Planning Software 178

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 178

Conger

JANUARY 27, 2023

Examples of automation range from a household thermostat to a large industrial control system, self-driven vehicles, and warehousing robots. Programmable automation is code-based, allowing for excellent precision Programmable automation is most used in systems that produce similar items using the same automated steps and tools.

Supply Chain Software 52

Supply Chain Software Examples Supply Chain Design Software Supply Chain Planning Software 52

AIMMS

JULY 13, 2020

Additionally, most planning tools fail to incorporate the abstract data that’s required for this stage. Having a tool that allows you to create multiple demand scenarios to evaluate from a supply perspective can remove a lot of the pressure on both sides of the organization ” – Tweet this. Image source: Oliver Wight.

Scenario Planning 160

Scenario Planning Supply Chain Planning Software Resource Reduction Sourcing Strategies 160

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. These data sources are often spread across multiple platforms and come in various formats.

Supply Chain Planning Software 172

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 172

Logistics Viewpoints

SEPTEMBER 7, 2022

Mr. Nelson points out that it is possible for a sourcing problem deep in a supply chain to halt production for BD. The company had access to huge amounts of trade data, for example. If there is only one supplier in the world providing a critical component, “do I need to dual source? Finally, the tool is a sales tool.

Supply Chain Software 145

Supply Chain Software Supply Chains Optimal Sourcing Procurement Solutions 145

SYSPRO Smarter ERP

MARCH 20, 2024

Common issues include: Lack of data-source integration. The ability to gather and compare data from multiple sources is vital to making real-time decisions. Storage costs increase significantly when you duplicate data across multiple sources. In recent years, the amount of data available to most companies has exploded.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Expense Reduction Cost Reduction 105

Logistics Viewpoints

JULY 17, 2023

For example, it can look like imports from China are cheaper than the same goods imported from Mexico if a company is not relying on analysis produced by an advanced good global trade compliance (GTC) system. Global trade compliance really needs to be part of companies strategic sourcing programs. For example, the U.S.

Supply Chain Planning Software 128

Supply Chain Planning Software Compliance Supply Chain Software Optimization Software 128

Logistics Viewpoints

OCTOBER 9, 2024

As businesses face tighter regulations on product safety, sustainability, and ethical sourcing, Digital Product Passports (DPPs) are becoming crucial for navigating these challenges. Automation tools can track regulatory changes across markets and update DPPs in real time. For example, businesses in the U.S.

Compliance 141

Compliance Digital Sourcing Strategies Waste Reduction 141

Logistics Viewpoints

APRIL 4, 2022

They source from approximately 15,000 suppliers with a sourcing spend of over €7 billion. Customization is provided for 5 different supply chains (for example, make-to-order, make-to-stock, etc.) But even multi-sourcing is not enough. Their revenues exceed €25 billion. The company has over 300,000 products.

Supply Chain Transformation 138

Supply Chain Transformation Supply Chain Planning Software Supply Chain Design Software Scenario Planning 138

The Lean Thinker

DECEMBER 9, 2022

When “trams” (coal carts) were in short supply, for example, the “trammers” would horde carts to optimize their team’s performance at the expense of other teams being limited by the number of carts available. A classic example of this is a heijunka or load-leveling box. This all changed shortly after WWII.

Modeling Software 259

Modeling Software Optimization Software Expense Reduction ERP 259

Logistics Viewpoints

JANUARY 11, 2021

Competition is key to sourcing savings. That means the procurement savings pay for the sourcing staff, the procurement technology, and the overhead. Buyers can look at supplier agreements and determine which suppliers tend to offer deals during different parts of the year –right before a quarter ends, for example.

SAP 122

SAP Optimal Sourcing Negotiate Pricing Negotiating Skills 122

Logistics Viewpoints

JANUARY 25, 2023

In a conversation with Blue Yonder executives, they pointed out that retailers are looking at port diversification for improved sourcing and allocation. For example, during the height of the Covid pandemic, FarEye’s last mile delivery solution enabled the driver to show their temperature for customer assurance for a safe delivery.

Supply Chain Planning Software 152

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Optimal Sourcing 152

MTS Logistics

SEPTEMBER 8, 2023

For example: The global GDP growth rate for 2021 was 6.02%, a 9.1% Source: Company Reports, Linerlytica 2. Source: Clarksons, ING Research 3. Considering higher capacity, with reduced demand, these tools have barely any impact. increase from 2020. The global GDP growth rate for 2022 was 3.08%, a 2.94% decline from 2021.

Analysis 99

Analysis Supply Chain Software Sourcing Supply Chains 99

SYSPRO Smarter ERP

NOVEMBER 8, 2021

For example: Japan earthquake 2016. One source reports disruptions increased over 60% between 2019 and 2020. Source: McKinsey. This may even suggest much larger safety stocks and in some cases, a whole new sourcing agreement. Review sourcing and suppliers. US-China trade war 2018. Suez Canal blockage 2021.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 116

Material Handling and Logistics

JANUARY 22, 2019

billion (US$4 million). --Through its participation in RE100, Danish health care company Novo Nordisk is already sourcing 79% of its power for production from renewable sources and has a target of 100% power from renewable sources by 2020. million (US$3.6 Printer-friendly version.

Material Savings 107

Material Savings Manufacturing Procurement Purchasing Skills Cost Reduction 107

Logistics Viewpoints

APRIL 13, 2022

Source: Osha Certified Warehouse Worker. It seems like the worker-employer relationships at these facilities are being utilized by both sides as a tool for furthering interests with broader implications. As a telling example, one document was titled, “ Employer’s Fourth Motion to Extend Time for Filing of Statement of Position.”

Purchasing Skills 157

Purchasing Skills Procurement Analytics Logistics Network Optimization Software Optimal Sourcing 157