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

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

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 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 124

Inventory Reduction Inventory Optimization Modeling Optimization Software 124

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 156

Supply Chain Planning Software Scenario Planning Supply Chain Design Software Supply Chain Software 156

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 113

Supply Chain Planning Software Modeling Software Supply Chain Software Supply Chains 113

Logistics Bureau

NOVEMBER 12, 2024

Essential Steps to Using Warehouse Modeling Software for Design 1) Understand the Design Objectives and Constraints The first step in your review should be to determine and prioritise the objectives for your warehouse facility and operation.

Modeling Software 68

Modeling Software Supply Chain Design Software Supply Chain Planning Software Optimization Software 68

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

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 139

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

Logistics Bureau

NOVEMBER 28, 2024

Now before you write off my statements as something you already knew, here’s a fact you might not be so familiar with: For your last mile services to compete successfully, you need to ensure that your entire supply chain (or at least the parts you can reasonably control) is set up to support a winning last-mile strategy.

Supply Chain Planning Software 80

Supply Chain Planning Software Supply Chain Software Supply Chains Optimization Software 80

Talking Logistics

JUNE 4, 2018

Many of the world’s most successful food and beverage companies are turning to supply chain design to gain a complete end-to-end view of their supply chain networks to uncover inefficiencies and optimize for significant improvement in cost, service, and risk. Use Transportation Optimization to Get a Handle on Transportation Costs.

Inventory Reduction 62

Inventory Reduction Supply Chain Design Software Price Reduction Cost Reduction 62

The Logistics of Logistics

NOVEMBER 18, 2022

Allen’s primary responsibilities include fortifying the long-term global sales strategy, hiring the required expertise across the team, driving aggressive revenue growth, and creating a culture of winning. Automotive Supply Chain Optimization. Optimize Courier case study. Environmental Monitoring for Perishables.

Supply Chain Software 195

Supply Chain Software Case Study Logistics Network Optimization Software Optimization Software 195

Logistics Viewpoints

OCTOBER 30, 2023

Scenarios are run, and the low-cost network that best meets customer service objectives is selected. For this project, Solvoyo consultants built a network design model and ran more than 120 scenarios to refine the customer service and inventory mix strategy.

Supply Chain Design 155

Supply Chain Design Cost Reduction Vendor Strategies Inventory Reduction 155

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

Logistics Viewpoints

FEBRUARY 22, 2022

The role of logistics in modern companies is not only to support corporate strategy but also to enable it. Let’s face it, logistics is always a challenging endeavor, even beyond the latest pandemic disruption, and particularly now as companies struggle to meet sustainability goals.

Data 113

Data Logistics Network Optimization Software Supply Chain Planning Software Cost Reduction 113

Logistics Viewpoints

JULY 14, 2022

Do I have the resources to meet their needs? A new generation of advanced solutions , enabled by artificial intelligence (AI) and machine learning (ML) – has created new supply chain models and new work processes that are purpose-built for today’s extreme uncertainty. And can I do so profitably and sustainably? With nearly $21.3

Supply Chain Planning Software 165

Supply Chain Planning Software Logistics Network Optimization Software Optimization Software Digital 165

EazyStock

FEBRUARY 17, 2021

Inventory Replenishment Strategies to Boost Profitability. They have well-executed inventory replenishment processes that ensure items are reordered in the right quantities and at the right time to meet actual customer demand. 5 Inventory Replenishment Strategies to Increase Profits. Both can be very costly.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction 75

Logistics Business Magazine

OCTOBER 23, 2024

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. Amazon’s model of offering free shipping as part of its Prime membership has raised consumer standards.

Cost Reduction 55

Cost Reduction Price Reduction Expense Reduction Resource Reduction 55

GlobalTranz

FEBRUARY 2, 2015

In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Distributors will inbound to a manufacturer the inventory needed and transportation management, especially inbound freight management, efficiency is paramount to an effective vendor managed inventory model. It was a “win-win” partnership.

Vendor Strategies 94

Vendor Strategies Inventory Reduction Modeling Software Inventory 94

Logistics Viewpoints

FEBRUARY 28, 2022

Alex Pradhan, Product Strategy Leader John Galt Solutions, told me that “all planning vendors have bold marketing around AI.” In process industries the supply chain models used for optimization are much more complex than those used in other industries. Demand Planning Models Really Can Learn.

Supply Chain Planning Software 178

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 178

Logistics Viewpoints

AUGUST 15, 2024

Today’s supply chains are fraught with uncertainties across demand and supply yet are tasked with adding incremental value to their organizations while also meeting commercial, working capital and sustainability goals. This balancing act is a challenge even in the best of times.

Scenario Planning 154

Scenario Planning Supply Chain Planning Software Sourcing Strategies Optimal Sourcing 154

Blue Grace Logistics

JULY 11, 2024

In this blog, we’ll explore practical strategies tailored specifically for food and bev shippers, focusing on forecasting methods and inventory management practices that can effectively address retail demand shifts. Utilizing advanced analytics and forecasting models can help identify patterns, seasonality, and emerging trends.

Inventory Reduction 90

Inventory Reduction Cost Reduction Optimization Modeling Supply Chain Planning Software 90

Logistics Viewpoints

JUNE 8, 2023

To meet these demands and ensure superior delivery experiences, retailers and carriers must leverage last-mile delivery technology. However, advancements in technology have made it possible for any company to automate and optimize their last-mile delivery operations.

Modeling Software 135

Modeling Software Optimization Software Supply Chain Design Software Logistics Network Optimization Software 135

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. Key strategies include: Electrification of Transport: The use of electric vehicles (EVs) for freight and last-mile delivery reduces emissions and operational costs.

Supply Chain Design Software 84

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

GlobalTranz

APRIL 18, 2016

Alternatively, this model will be applied to enhance the use of store pick up, which has been used extensively by Wal-Mart to create a comprehensive omnichannel environment. Furthermore, this model of e-commerce and omnichannel solutions has enabled Wal-Mart to optimize load consolidation processes and reduce costs across the organization.

Waste Reduction 91

Waste Reduction Cost Reduction Inventory Reduction Resource Reduction 91

AIMMS

OCTOBER 1, 2019

AIMMS has been in the market of prescriptive analytics (otherwise known as mathematical optimization) since 1989. Prescriptive analytics is a type of advanced analytics that optimizes decision-making by providing a recommended action. C loud-based platforms like ours have made the deployment of optimization models easier.

Optimal Sourcing 104

Optimal Sourcing Supply Chain Planning Software Optimization Software Modeling Software 104

Morai Logistics

JUNE 5, 2019

A recent halt in market growth for retail leader Adidas, reminds organizations about the importance to assess their supply chain excellence strategies. However, it asks us to question whether a the right supply chain excellence model is being followed. This means that organizations must continue to meet consumer expectations.

Eliminating Excel in Purchasing 60

Eliminating Excel in Purchasing Supply Chain Software Supply Chains Strategy 60

Morai Logistics

MARCH 15, 2018

Omni-channel strategies prove to be an effective method for meeting on-demand delivery for consumers and providing efficient solutions for shippers. Research presented supports an industry shift from traditional to Omni-channel strategy, finding that it enables third party logistic (3PL) providers to offer all distribution initiatives.

Cost Reduction 60

Cost Reduction Price Reduction Expense Reduction Inventory Reduction 60

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 58

Optimization Software Optimization Modeling Optimization Inventory Reduction 58

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. Using a pooling strategy does not increase handling costs as it substitutes pool point costs for an LTL carrier’s terminal distribution costs.

Optimization Modeling 62

Optimization Modeling Optimization Software Optimization Material Savings 62

Logistics Viewpoints

APRIL 24, 2023

Coupa meets this definition. They are used for helping to design supply chain networks, to optimize transportation flow, for supply chain risk analysis, for jointly optimize transportation and carbon emissions, to design key supply chain policies, as part of a mergers & acquisition analysis, and in several other areas.

Supply Chain Design Software 134

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 134

The Logistics of Logistics

JUNE 23, 2022

However, even as retailers scramble to meet e-commerce consumer demands, and providers lean into the latest trends to get those packages to front doors, there is plenty going on behind the scenes. She noted that the company works to ensure its franchisees have the right business model that will be profitable and meet the needs of shippers.

Collaboration 150

Collaboration Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 150

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. Clearly define your logistics strategy.

Supply Chain Design Software 52

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

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

United World Transporation

JUNE 25, 2020

So, any opportunities to increase fuel efficiency and save money are valued in the industry, and fuel purchase routing is a commonly used strategy by many long-haul truck drivers. Because there are several variables to consider, the best way to calculate the optimal fuel purchase route is to let a software application do the work for you.

Procurement Solutions 98

Procurement Solutions Purchasing Skills Procurement Analytics Purchasing 98

GlobalTranz

JANUARY 23, 2015

The computerization of this data opened the door to a huge opportunity for innovations in logistics planning, from randomized storage in warehouses to optimization of inventory and truck routing. However, there were still many difficult research issues to resolve in the transition from theory to practice.

Supply Chain Planning Software 134

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