Logistics Viewpoints

DECEMBER 4, 2024

For instance, General Motors reshored production of small gasoline engines and the Cadillac SRX model from Mexico to Tennessee. Faster lead times allow businesses to meet customer demands more efficiently, enhancing satisfaction. Companies no longer need to account for extended shipping durations or customs clearance delays.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Software Supply Chains Cost Reduction 150

Logistics Viewpoints

NOVEMBER 4, 2024

Machine Learning occurs when a machine takes the output, observes its accuracy, and updates its model so that better outputs will occur. Reinforcement Learning is a form of machine learning that lets AI models refine their decision-making process based on positive, neutral, and negative feedback.

Supply Chain Planning Software 167

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 167

Logistics Business Magazine

OCTOBER 23, 2024

Offering this service presents significant challenges, however, from rising operational costs to balancing customer expectations with profitability. In this article, we explore these hurdles and the strategies businesses can employ to meet growing demand for fast, free shipping while maintaining operational efficiency.

Cost Reduction 55

Cost Reduction Price Reduction Expense Reduction Resource Reduction 55

Logistics Viewpoints

JUNE 27, 2024

To help companies make sound decisions that favor their present and future financial health, it is essential to use advanced management techniques and methods, collectively known as supply chain management (SCM). The goal is to minimize total operating costs and meet customer service expectations.

Supply Chain Software 143

Supply Chain Software Supply Chains Trends Logistics Network Optimization Software 143

Logistics Business Magazine

NOVEMBER 23, 2023

In fact, many businesses are presented with multiple barriers when they begin to adopt EV that can sometimes halt the process. Why now is the time to transition your fleet to EV Despite the challenges that transitioning to EV presents, the reality is that businesses who don’t start to make the transition will get left behind.

Presentation 53

Presentation Cost Reduction Expense Reduction Resource Reduction 53

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. Extrapolating to smaller, simpler businesses, it’s likely that an entity needs to be scaled at around $500M annual revenue and above to meet this first ROI hurdle.

Supply Chain Design Software 116

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

Logistics Viewpoints

JANUARY 11, 2023

Unlike some of the other trends articles we have covered at Logistics Viewpoints, which take a deeper dive into technology and application specific trends, this article looked at the top trends executives need to be paying attention to before their strategic planning meetings commence. So what can we do to make models more useful?

Supply Chain Planning Software 146

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 146

Blue Grace Logistics

NOVEMBER 21, 2023

Both markets present unique hurdles that supply chain professionals must adeptly navigate. Traditional supply chain models may falter in such conditions, leading to inventory surplus, increased carrying costs, and potential disruptions. During these downturns, cost control and risk mitigation become paramount.

Supply Chain Software 104

Supply Chain Software Supply Chains Optimization Software Modeling Software 104

Material Handling and Logistics

FEBRUARY 9, 2018

The report uncovers common barriers to creating useful costing systems and presents a solution that more closely aligns the supply chain and accounting and finance business units. From the supply chain perspective, an effective managerial costing system has clear value,” said IMA Vice President of Research and Policy Raef Lawson.

Supply Chain Planning Software 108

Supply Chain Planning Software Supply Chain Software Cost Reduction Supply Chains 108

SYSPRO Smarter ERP

NOVEMBER 21, 2022

One of the biggest uncertainties of inventory management is how much stock to hold to meet changing demand. IO can model different potential outcomes using a number of variables, and help to pick the best stock holding and re-order policy for each product group or set of stock items. The role of inventory management.

Optimal Sourcing 111

Optimal Sourcing Inventory Reduction Inventory ERP 111

Logistics Viewpoints

JANUARY 17, 2024

At the Consumer Electronics Show (CES) 2024, companies including Hyundai, Nikola , and Bosch presented their most recent fuel cells and hydrogen technology innovations, indicating a potential comeback for this environmentally friendly energy choice. This resurgence might be influenced by the announcement of a $7 billion U.S.

Modeling Software 157

Modeling Software Waste Reduction Logistics Network Optimization Software Resource Reduction 157

FreightWaves SONAR

NOVEMBER 25, 2020

And then there are the different freight broker business models. Most freight brokers include these services in their sales presentations as a list of features, instead of a comprehensive bundle of services. . Differentiation for freight brokers is often difficult to achieve. Make sure each is descriptive and memorable.

Tips 105

Tips How To Freight Logistics Network Optimization Software 105

Penske Move Ahead

JUNE 23, 2020

The 31st Annual State of Logistics Report was introduced by the Council of Supply Chain Management Professionals (CSCMP) and presented virtually by Penske Logistics on June 23. I'm very proud of our associates for their dedication and ability to quickly meet customer needs during this crisis," he stated.

Logistics Network Optimization Software 57

Logistics Network Optimization Software Supply Chain Design Software Negotiating Skills Presentation 57

Stord

APRIL 4, 2019

High consumer expectations, a storage shortage and disruptions from trade tensions are increasingly revealing the shortcomings of traditional distribution models. To meet these high standards, shippers must position inventory near their customers to speed delivery and lower last mile costs.

Distribution 78

Distribution Inventory Reduction Cost Reduction Supply Chain Software 78

AIMMS

SEPTEMBER 25, 2019

They used an AIMMS model to plan the flight schedules and were able to save on 10 flights compared to the previous year through better planning. . He basically jumped right on it and presented the problem to his students at the Tepper School. This past summer, AFW pilots flew 461 camp flights for 277 unique campers. – Tweet this.

Optimization Software 15

Optimization Software Optimization Modeling AIMMS Optimization 15

Logistics Viewpoints

MARCH 6, 2023

He presented a vision of moving from the kind of antiquated sales and operations planning (S&OP) done at many companies, to an advanced form of integrated planning. The executive meeting will generate lean six sigma projects where analysts are tasked with going out and discovering more granular costs. Mr. Herrin was a good fit.

Supply Chain Planning Software 157

Supply Chain Planning Software Supply Chain Transformation Scenario Planning Supply Chain Software 157

Logistics Business Magazine

OCTOBER 6, 2020

. “As much as e-commerce is a commercial opportunity for once traditional retail B2B businesses, they also face acute growing pains as they struggle to meet warehouse and fulfilment demands. That’s where third party logistics (3PL) companies have an opportunity to seize the day.

Purchasing Skills 77

Purchasing Skills Procurement Solutions Purchasing Modeling Software 77

Logistics Viewpoints

MARCH 15, 2021

When it comes to remote implementations, you can’t find a more inspirational story than the one presented by Lori Jackson, senior vice president of operations at ForHIMS. The iWMS team on this project had folks from the US, South Africa, Ceylon, and India participating in team meetings and individual calls.

eCommerce 123

eCommerce Conference Supply Chain Design Software Modeling Software 123

Logistics Viewpoints

NOVEMBER 6, 2024

FedEx has adopted predictive maintenance models to maximize uptime and ensure timely deliveries, demonstrating the efficiency gains connected fleets can deliver. This proactive approach will make fleets more adaptable and dependable, meeting the demands of today’s global supply chain.

Supply Chain Planning Software 139

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimization Software 139

AIMMS

DECEMBER 4, 2017

We haven’t seen the full force of disruptive business and operating models and there is no doubt that many more will keep emerging. Operating models are shifting to meet the demands of this digital supply chain transition and companies need to revisit and renew their technical capabilities and infrastructure.

AIMMS 67

AIMMS Digital Resource Reduction Supply Chain Software 67

Logistics Viewpoints

NOVEMBER 19, 2024

Are they meeting consumers’ home delivery expectations, whether that’s affordable delivery, specific time windows, or sustainable options? Plus, with the ongoing labor shortage, finding seasonal staff is increasingly difficult.

Cost Reduction 102

Cost Reduction Resource Reduction Price Reduction Vendor Strategies 102

AIMMS

DECEMBER 6, 2017

UPS, for instance, has managed to save up $50 million a year in fuel, vehicle maintenance and time by optimizing vehicle routes with a big data model. They’re constantly battling with cost and the time needed to meet delivery modes. Network infrastructure may be a good place to start. Finding your win-win scenario.

Network Optimization Software 81

Network Optimization Software Supply Chain Planning Software Modeling Software Optimization Software 81

MTS Logistics

OCTOBER 29, 2024

Machine learning algorithms, growing more sophisticated, will continue to refine forecasting and optimization models, allowing logistics firms to respond quickly to market shifts. Despite its transformative potential, the path to full AI integration in logistics presents challenges.

Optimal Sourcing 83

Optimal Sourcing Supply Chain Planning Software Logistics Network Optimization Software Optimization Software 83

3PL Insights

DECEMBER 10, 2018

It takes a real logistical genius to deliver presents to everyone in the world in one night. This meeting would change Santa’s business forever. New Location: Santa Claus and his elves had a meeting to decide where would be the best place for their operation. That’s the reason we decided to change our business model” said Santa.

Logistics 72

Logistics Modeling Software Presentation 3PL 72

CH Robinson Logistics

FEBRUARY 4, 2021

Rapid growth in ecommerce since the ’90s has presented various challenges to the logistics industry in Asia and around the globe – including proper infrastructure and connectivity. From its earliest consumer-to-consumer (C2C) business model (e.g. This year, Alibaba’s Single Days sales set record 74.1 billion U.S.

eCommerce 115

eCommerce Logistics Network Optimization Software Modeling Software Supply Chain Software 115

GlobalTranz

APRIL 5, 2016

Although each of these needs has always been present, many shippers were able to achieve these feats through in-house solutions. Twitter Facebook Google+ LinkedIn The post 3PL Logistics Companies Up Services to Continue to Meet the Needs of Shippers appeared first on Transportation Management Company | Cerasis.

Negotiating Skills 55

Negotiating Skills Logistics Network Optimization Software 3PL Purchasing Skills 55

AIMMS

SEPTEMBER 25, 2019

They used an AIMMS model to plan the flight schedules and were able to save on 10 flights compared to the previous year through better planning. . He basically jumped right on it and presented the problem to his students at the Tepper School. This past summer, AFW pilots flew 461 camp flights for 277 unique campers. – Tweet this.

Optimization Software 62

Optimization Software Optimization Modeling AIMMS Optimization 62

Logistics Viewpoints

DECEMBER 18, 2024

The logistics and supply chain industry is a critical component of global trade, responsible for moving goods and materials efficiently to meet consumer and business demands. Digital Twins: Virtual models of supply chain networks identify inefficiencies and predict the impact of sustainability measures.

Supply Chain Design Software 84

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Software 84

AIMMS

NOVEMBER 19, 2015

That is why key production scheduling information takes center stage at our S&OP meetings. It was not a dynamic process, in the sense that it was impossible for somebody to model things, create scenarios and look at optimization opportunities. We can take decisions in a meeting or in a week’s time.

Production 70

Production Supply Chain Planning Software Scenario Planning Optimization Modeling 70

Stord

NOVEMBER 13, 2024

If you cannot nail the basics on a random Tuesday in July, there is no reason to expect your systems will be capable of managing the massive spikes in demand while meeting consumer expectations. billion 2020 (Peak COVID): A surge to $10.8 billion, marking a 15% increase 2021: Further growth to $10.9 billion 2022: Continued expansion to $11.3

Inventory Reduction 148

Inventory Reduction How To Cost Reduction Procurement Solutions 148

Logistics Business Magazine

FEBRUARY 22, 2019

German multidirectional forklift maker Hubtex will present its latest model developments at May’s LIGNA trade fair (Hannover Messe ), showcasing its unique solutions for the handling of wood-based materials. The post Hubtex Models for Long and Bulky Wood Handling on Show at LIGNA appeared first on Logistics Business® Magazine.

Modeling Software 28

Modeling Software Modeling Handling Presentation 28

GlobalTranz

JANUARY 23, 2015

Over the last 100 plus years of the history of supply chain management has evolved from an initial focus on improving relatively simple, but very labor-intensive processes to the present day engineering and managing of extraordinarily complex global networks.

Supply Chain Planning Software 134

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

Logistics Bureau

MAY 31, 2021

Could it just be that the addition of online sales to your business model brings extra costs that cannot be mitigated despite the best of efforts? Why Modeling Makes Sense. What if your company doesn’t have the necessary digital technology, or the expertise in place, to model a range of CTS scenarios?

Cost Reduction 118

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 118

GlobalTranz

DECEMBER 7, 2016

Unfortunately, meeting this ever-changing demand means companies must have a way of generating and analyzing real-time data reflecting what customers want now. Pricing Models Are Subject to the “Amazon Standard.”. Pricing models are changing as well. This is essential to maintaining B2B relationships as well.

Manufacturing Procurement 87

Manufacturing Procurement Modeling Software Logistics Network Optimization Software Price Reduction 87

Logistics Bureau

NOVEMBER 14, 2018

Even if you simplify your product range and your upstream suppliers, you still have to deal with the ramifications of diverse customers, their expectations, their location and the logistics needed to meet their requirements. Cost to Serve data and modeling benefits are sometimes deceptively simple. This sounds like common sense.

Purchasing Skills 99

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 99

Logistics Viewpoints

APRIL 6, 2022

My colleague, Clint Reiser, wrote about Körber’s ongoing supply chain transformation, highlighting the company’s three main focus areas for 2022: 1) investments in assisting Körber customers’ journey to SaaS, 2) bringing a new product, named Universal Control System (UCS) to market, and 3) offering warehouse modeling for operations.

Waste Reduction 113

Waste Reduction Modeling Software Sourcing Strategies Factories 113

AIMMS

NOVEMBER 19, 2015

That is why key production scheduling information takes center stage at our S&OP meetings. It was not a dynamic process, in the sense that it was impossible for somebody to model things, create scenarios and look at optimization opportunities. We can take decisions in a meeting or in a week’s time.

Production 62

Production Supply Chain Planning Software Optimization Modeling Scenario Planning 62