SYSPRO Smarter ERP

NOVEMBER 21, 2022

One of the biggest uncertainties of inventory management is how much stock to hold to meet changing demand. Keeping the right level of inventory requires a technique called inventory optimization. Inventory optimization. The search for optimal inventory levels is therefore a key objective. The rise of Industry 4.0

Optimal Sourcing 111

Optimal Sourcing Inventory Reduction Inventory ERP 111

Log-hub

OCTOBER 1, 2024

Log-hub is expanding its portfolio with the new Inventory Optimization App , a powerful tool designed to streamline inventory management while reducing costs. Tailored for businesses looking to maintain an optimal balance between inventory levels and service quality, this app offers a comprehensive solution to inventory challenges.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Cost Reduction Inventory 52

Logistics Business Magazine

OCTOBER 16, 2023

Unisys has unveiled ‘Unisys Logistics Optimization’ , a new quantum-powered solution designed to help organizations solve complex logistics optimization challenges in seconds. This is where Unisys Logistics Optimization steps in.

Optimization Software 61

Optimization Software Optimization Modeling Optimization Inventory Reduction 61

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 96

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

Logistics Viewpoints

APRIL 20, 2021

There’s always been tension with the optimization technologies used for fleets or common carrier transportation. However, not all companies have the fortitude or the skills internally to exploit more sophisticated optimization technologies. It’s not that any optimization vendor wants to create complex products.

Optimization Software 108

Optimization Software Supply Chain Planning Software Scenario Planning Optimization Modeling 108

Logistics Viewpoints

NOVEMBER 4, 2024

Optimization is used in supply planning, factory scheduling, supply chain design , and transportation planning. In a broad sense, optimization refers to creating plans that help companies achieve service levels and other goals at the lowest cost. More recently, many other cases have emerged.

Supply Chain Planning Software 166

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 166

Logistics Bureau

OCTOBER 10, 2022

Before we look at the barriers to optimal inventory and the possible ways to eliminate or overcome them, let’s be clear on what inventory optimisation means—because misconceptions do abound. But ultimately, it comes down to what you assess as optimal inventory performance for your organisation. 1: Service Levels.

Inventory Reduction 115

Inventory Reduction Inventory Optimization Modeling Optimization Software 115

Morai Logistics

FEBRUARY 7, 2019

Experts say demand-chain models are an effective solution for supply chains to meet the increased need for immediacy and improve the customer experience. To meet consumer demands, there are high expectations on companies to offer same-day shipping options to their customers. It especially includes delivery. Visibility.

Optimization Modeling 74

Optimization Modeling Modeling Software Waste Reduction Modeling 74

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

NOVEMBER 11, 2024

A ‘big bang’ approach, applying a one-size-fits-all AI solution, is not viable in an environment where industrial-grade solutions are needed to meet health, safety, and sustainability goals, Mr. Masson points out. Developing Models : Building and scaling AI models in a manner that ensures they are reliable and understandable.

Supply Chain Planning Software 121

Supply Chain Planning Software Modeling Software Optimization Software Supply Chain Software 121

Stord

NOVEMBER 30, 2022

Atlanta, GA, November 16, 2022 – Stord , the Cloud Supply Chain leader, today announced Stord Parcel , a carrier-agnostic last-mile delivery solution with advanced modeling to automatically choose the most efficient and cost-effective carrier and service level that meets the expected delivery date for all packages.

Optimization Software 60

Optimization Software Optimization Modeling Optimization Negotiating Skills 60

AIMMS

NOVEMBER 12, 2015

Optimization is a form of advanced analytics that helps you solve complex decision problems, enabling you to make the best use of your business’ limited resources.* You can do all of this and more with an optimization technology. JBS: A case for integrating optimization in S&OP and IBP. Source: Oliver Wight.

Optimal Sourcing 62

Optimal Sourcing Optimization Modeling Optimization Software Modeling Software 62

Logistics Viewpoints

JULY 10, 2024

ARC defines supply chain planning (SCP) products as including supply planning, demand planning/inventory optimization, and network planning. Supply Planning Supply planning systems create models that allow a company to understand capacity and other constraints it has in producing goods or fulfilling orders. No plan is perfect.

Supply Chain Planning Software 155

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

Log-hub

AUGUST 14, 2024

3 min read Supply chain optimization is crucial for businesses to enhance efficiency, reduce costs, and improve customer satisfaction. Here are some real-life examples of successful supply chain optimization across various industries. Here are some real-life examples of successful supply chain optimization across various industries.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimization Software Inventory Reduction 52

Logistics Viewpoints

AUGUST 1, 2024

In this scenario, by adopting an adaptive supply chain, the retailer uses real-time data analytics to identify emerging trends and collaborate closely with suppliers to quickly adjust production and inventory levels to meet customer demand. Optimize Carbon (Scope 3): Adaptive supply chains prioritize sustainability.

Supply Chain Design Software 162

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Scenario Planning 162

Log-hub

MAY 22, 2024

The concept of multi-tier supply chain analytics and optimization has become a critical component for companies aiming to maintain competitive advantage, ensure efficiency, and respond rapidly to market changes. AI can play an important role in inventory optimization. Here, standardization plays a vital role.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Material Savings Supply Chain Planning Software 52

Log-hub

MAY 22, 2024

The concept of multi-tier supply chain analytics and optimization has become a critical component for companies aiming to maintain competitive advantage, ensure efficiency, and respond rapidly to market changes. AI can play an important role in inventory optimization. Here, standardization plays a vital role.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Material Savings Supply Chain Planning Software 52

Locus

AUGUST 2, 2022

Similarly, today’s emerging last-mile delivery fulfillment models seemed like a gamble for businesses when it started a decade back but are essential for a profitable business plan today. The answer depends on the last-mile delivery fulfillment model you adapt. Optimal final-mile delivery fulfillment is crucial for business.

Modeling Software 52

Modeling Software Optimization Modeling Modeling Trends 52

Locus

JULY 24, 2023

Retailers should find ways to optimize truckloads to reap benefits. However, trucking industries have many business models they operate by. How do we optimize these loads? Shippers need to leverage automated and intelligent solutions to truly optimize the supply chain and impact the bottom line in a positive way.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Optimization Modeling Resource Reduction 52

Stord

MAY 14, 2024

It has consolidated V Shred’s prior three-node model into a more efficient two-node network, with more delivery carrier options and competitive parcel rates, resulting in inventory cost savings while still improving time-in-transit. Fulfillment and Shipping, Powered by Software Stord now powers all nationwide DTC fulfillment for V Shred.

Optimal Sourcing 60

Optimal Sourcing Optimization Software Modeling Software Supply Chain Software 60

AIMMS

JUNE 16, 2020

How are companies leveraging scenario modeling for network design and optimization ? The good news is many of the survey’s respondents recognize the potential of more advanced optimization solutions. In the context of disruptions like COVID-19, scenario modeling can make considerable difference – Tweet this.

Scenario Planning 71

Scenario Planning Supply Chain Design Software Supply Chain Design Optimization Modeling 71

Log-hub

MARCH 6, 2024

Log-hub, a Swiss-based technology company, is pioneering this shift with sophisticated mathematical optimization models designed to seamlessly integrate electric vehicles (EVs) into the supply chain. This model incorporates not just route planning but also charging requirements and cost implications of electric truck operations.

Optimal Sourcing 40

Optimal Sourcing Sourcing Strategies Cost Reduction Resource Reduction 40

Log-hub

MARCH 6, 2024

Log-hub, a Swiss-based technology company, is pioneering this shift with sophisticated mathematical optimization models designed to seamlessly integrate electric vehicles (EVs) into the supply chain. This model incorporates not just route planning but also charging requirements and cost implications of electric truck operations.

Optimal Sourcing 40

Optimal Sourcing Sourcing Strategies Cost Reduction Resource Reduction 40

Log-hub

MARCH 29, 2024

More precise modelling of your distribution network The introduction of warehouse segmentation in the Network Design Plus App allows users to narrow down warehouse options for customers based on defined segments, optimizing warehouse-customer relations. This provides users with a comprehensive understanding of their network structure.

Supply Chain Design Software 40

Supply Chain Design Software Optimization Software Supply Chain Design Supply Chain Software 40

FreightWaves SONAR

FEBRUARY 4, 2021

Optimizing truckload freight spend is essential in today’s freight market. As the world of transportation continues to evolve, shippers and logistics service providers (LSPs) are effectively utilizing certain methods along with modern data platforms to meet the demands of today’s supply chains. Request a SONAR Demo.

Optimization Software 98

Optimization Software Negotiate Pricing Negotiating Skills Optimization Modeling 98

Blue Grace Logistics

JULY 11, 2024

Utilizing advanced analytics and forecasting models can help identify patterns, seasonality, and emerging trends. Optimizing Inventory Management Once forecasts are available, the focus shifts to managing inventory efficiently to meet anticipated demand.

Inventory Reduction 88

Inventory Reduction Cost Reduction Optimization Modeling Supply Chain Planning Software 88

Globalior

APRIL 20, 2021

Optimizing the supply chain can mean many things and be done in many ways such as improving the picking processes, decreasing the processing time for shipping goods, improving inventory management , and much more. Supply chain optimization can be strategic or operational in nature. Ways to improve performance in the supply chain: 1.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Software Optimization Software Optimization Modeling 52

Logistics Bureau

AUGUST 16, 2021

Integrated networks of “as-a-service” platforms, including analytics engines that predict demand dynamically, can enable businesses to scale autonomously to meet peaks and troughs. Because of the evolving need to provide customers with ever-greater choices and meet their requirements for customisation and personalisation.

Supply Chain Planning Software 102

Supply Chain Planning Software Modeling Software Supply Chain Software Supply Chains 102

AIMMS

SEPTEMBER 25, 2019

North Star Alliance , for instance, uses optimization to find optimal locations for its mobile HIV-AIDS clinics in Africa. Most recently, we encountered Angel Flight West , a non-profit organization that is using AIMMS to optimize flight routes for families in need. Angel Flight West route optimization in AIMMS.

Optimization Software 62

Optimization Software Optimization Modeling AIMMS Optimization 62

GlobalTranz

JULY 14, 2021

Transportation management optimization can help, provided shippers know a few things about its value and where to start. Transportation Management Optimization #1: Shipment Pooling. Transit time should not be impacted in this model. Transportation Management Optimization #2: Shipment Aggregation. Continuous Moves.

Optimization Modeling 62

Optimization Modeling Optimization Software Optimization Material Savings 62

Bringg

MARCH 24, 2021

To meet the new demand, companies will have to adjust their operations for greater efficiency, flexibility, and cost reduction. Supply chain optimization ensures a smoother process and a more successful business model focusing on efficiency and profit. What is supply chain optimization? . GlobalTranz ).

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

Logistics Viewpoints

FEBRUARY 21, 2022

A network design model figures out where factories and warehouses should be located. The key solutions are demand forecasting/inventory optimization, supply planning, and network design. Each time horizon usually has its own model associated with it. Supply and network design models are constraint-based models.

Supply Chain Planning Software 170

Supply Chain Planning Software Scenario Planning Supply Chain Design Software Supply Chain Software 170

AIMMS

NOVEMBER 12, 2015

Optimization is a form of advanced analytics that helps you solve complex decision problems that involve conflicting objectives and constraints, enabling you to make the best use of your business’ limited resources. You can do all of this and more with an optimization technology. Source: Oliver Wight. But how does it work in practice?

Optimal Sourcing 70

Optimal Sourcing Optimization Modeling Optimization Software Modeling Software 70

Logistics Viewpoints

NOVEMBER 6, 2024

Similarly, UPS uses its ORION system, which integrates real-time and historical data to optimize delivery routes, saving fuel and enhancing delivery reliability. Real-time route optimization allows fleets to adapt to dynamic conditions such as traffic and weather, minimizing fuel consumption and delivery delays.

Supply Chain Planning Software 137

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimization Software 137

MTS Logistics

SEPTEMBER 5, 2024

This model facilitates quicker and more effective delivery but also adds complexity to logistics and distribution networks. Products now need to be distributed across various regions and countries, which requires optimization in storage, packaging, and transportation processes. E-commerce has also impacted transportation costs.

Optimal Sourcing 79

Optimal Sourcing Distribution Logistics Network Optimization Software Networks 79

Logistics Viewpoints

MAY 8, 2023

Increasingly it is recognized that the executive planning meetings, that typically take place once a month, should be chaired by a top floor executive – a chief financial officer, chief operations officer, or even chief executive officer. Meanwhile, inventory optimization and production scheduling are more of a black box.

Supply Chain Planning Software 130

Supply Chain Planning Software Scenario Planning Optimal Sourcing Production 130

Stord

MAY 3, 2018

Amazon, Walmart, and other leading enterprises win by ensuring that their product is close to the customer, optimized for the best shipping time, and held in the correct quantity. To scale, an optimized distribution network is required to meet customer expectations and business growth targets.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Planning Software Inventory Reduction Optimization Software 78