The Logistics of Logistics

JULY 2, 2021

Of course, some of the industry leaders like Loadsmart are delivering these innovations today. Mode optimization has traditionally been promised, but not delivered because the analysis was completed by people who didn’t have the data or tools.

Freight 195

Freight Optimization Software Price Reduction Modeling Software 195

Shipping and Freight Resource

DECEMBER 9, 2021

Executive Insights is a series by Shipping and Freight Resource that provides useful insights and thoughtful analysis on what is happening in the maritime, shipping, freight, logistics, supply chain and trade industries. But just data alone is not going to assist. SFR : Welcome to this edition of Executive Insights Thomas.

Data 90

Data Supply Chain Planning Software Supply Chain Software Digital 90

Logistics Viewpoints

FEBRUARY 28, 2022

In the course of updating our annual research on the supply chain planning market , I talked to executives across the industry. Planning applications don’t work well if the master data they rely on is not accurate; this is known as the “garbage in, garbage out” problem. But sometimes fixing the bad data problem is complicated.

Supply Chain Planning Software 170

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 170

GlobalTranz

SEPTEMBER 23, 2015

Thanks to data gathering programs, supply chain software , and data entry applications, this represents a mountain of data, which has the potential to provide ground-breaking insight into how to improve business-model efficiency. What Is Supply Chain Big Data? How Does Big Data Improve a Supply Chain?

Supply Chain Design Software 108

Supply Chain Design Software Supply Chain Software Supply Chain Design Procurement Analytics 108

Logistics Bureau

OCTOBER 9, 2023

Quality and Detail of Data and its Analysis In some of our earlier posts, we’ve stressed the importance of simplicity in distribution network design , and we will return to that topic later in this article. It would be folly not to take advantage of data availability and accessibility.

Supply Chain Design Software 90

Supply Chain Design Software Supply Chain Design Distribution Networks 90

WorkWave

MAY 24, 2024

Sources cite the resiliency of essential services , predictive recurring revenue and business model growth opportunities enabled by technology, training and development as being reasons behind the interest. This might include an analysis of revenue, cost of goods sold, operating expenses and non-operating expenses.

Negotiating Skills 98

Negotiating Skills Buyer Training Purchasing Skills Modeling Software 98

Logistics Viewpoints

JUNE 8, 2022

I tend to use time series analysis as an anchor to my forecast, as I suspect many of you do. When data on causal factors is not readily available, it can be informative to review the behavior of certain industries or economic activity in response to disruptive events. New Factors with Limited History. Review of Prior Impactful Events.

Scenario Planning 131

Scenario Planning Analysis Events Purchasing Skills 131

GlobalTranz

JANUARY 21, 2015

Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. Vendor Managed Inventory Model for Supply Chain Cost Reductions. Reverse marketing starts first with Value Analysis. Complete one-on-one meetings.

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

Blue Grace Logistics

JULY 27, 2021

Improving predictability in outcomes is valuable, but ensuring your supply chain is nimble enough to act on the data is even more so. We explore how predictive analytics and big data with human sentiments can add value and amplify their supply chain strategies. The presence of data throughout the supply chain is vital to its evolution.

Procurement Analytics 62

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

Logistics Viewpoints

MARCH 1, 2021

Once the analysis was done for Year One set up, Year Two was pretty much the same. The tool was able to create a model going out multiple years. There was no need to change parameters or re-run models in any subsequent years. River Logic came back with a working and validated model in less than one week.

Supply Chain Design Software 107

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 107

GlobalTranz

NOVEMBER 11, 2016

Data reflect all the small, seemingly insignificant details of the modern world. From a review of your personal bank account spending habits to larger, more advanced processing capabilities, data evolve and expand with each passing day. When Did Big Data in Supply Chain Become a Game-Changer? .

Supply Chain Software 92

Supply Chain Software Supply Chains Data Sourcing Strategies 92

Logistics at MPEPS at UPV

MARCH 15, 2021

According to the article “ How IoT can improve the logistic pro ces s ” the internet of things (IoT) provides data, which describes objects “physical assets” for example a good to be transported and distributed worldwide. Cloud based services : this makes easier for the customers to get data faster.

Case Study 52

Case Study Study Logistics Network Optimization Software Supply Chain Planning Software 52

UL EHS- Sustainability

OCTOBER 31, 2019

But the most successful learning and development teams also understand how to measure the success of each training course and react accordingly. Traditional training models address performance issues only when there is a lack of knowledge and skills. When conducting a TNA: 1.

Buyer Training 40

Buyer Training Optimal Sourcing Expense Reduction Cost Reduction 40

Logistics Bureau

APRIL 12, 2021

But let’s wind the clock back a bit and look at some of the simple ways that network design can work before focusing on the more complex models. For that reason, companies will usually establish one warehouse on the east coast and another on the west coast, depending, of course, on the service offer. Spreadsheet Models.

Supply Chain Design Software 68

Supply Chain Design Software Supply Chain Design Distribution Networks 68

Logistics Viewpoints

MARCH 4, 2021

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. Planners spend their precious time collecting and synthesizing the data to drive insights.

Supply Chain Planning Software 157

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 157

Logistics Bureau

NOVEMBER 14, 2018

Too much leads to resources being monopolised on gathering tons of data and a subsequent risk of “paralysis by analysis” Cost to Serve (CTS) is an approach that helps you avoid both extremes. If profits start to decline afterwards, your CTS data can offer valuable information about what changed and how to get back on track.

Purchasing Skills 88

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 88

SYSPRO Smarter ERP

JANUARY 19, 2022

The fundamental problem is that many organizations caught up in this situation are using business models which were already out of date before the pandemic. The supply chain of the future will not use the business models which are currently in place. Use data to improve operations. Using technology to ease your way forward.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 105

GlobalTranz

MAY 27, 2015

The United States Manufacturing Technology Orders (USMTO) data report is compiled monthly by the Association for Manufacturing Technology (AMT). What is the USMTO Data Report? The full data set is reported by eligible equipment builders and distributors and is provided to all participants in the program at no cost.

Manufacturing Procurement 94

Manufacturing Procurement Procurement Analytics Data Modeling Software 94

Logistics Business Magazine

APRIL 28, 2023

The travel paths and processes of the AMR are easy to model and adapt in the software. The best automation solution is only as good as its master data. In order for robots, shuttles and the like to work in a way that creates value, they need good-quality master data. This is exactly the combination KNAPP focuses on.

Modeling Software 57

Modeling Software Logistics Network Optimization Software Picking Handling 57

Ship Monk

APRIL 30, 2024

Strength, Weakness, Opportunity, Threat) analysis that will help you make your best, most strategic decisions for finetuning your operation through optimal order management. That inventory data needs to be fully transparent, super accessible within the platform, and easy to digest. How much do I order?

Supply Chain Design Software 87

Supply Chain Design Software Supply Chain Planning Software Optimization Software Modeling Software 87

3PL Links

APRIL 23, 2024

The finest relationships for your business are identified by developing decision models based on multiple criteria and accessing useful data through algorithms. Effective cargo forecasting is made possible by preventive evaluation and Big Data knowledge.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 48

Blue Grace Logistics

AUGUST 12, 2021

How technology can help companies get ETAs based on real-time data. A decision support system can be added based on a predictive model of land transport behavior. The model takes historical data and through deep learning techniques and neural networks, produces a detailed forecast of the arrival times of the trucks at the terminals.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Modeling Software Optimization Software 62

Logistics Viewpoints

NOVEMBER 11, 2021

Having inventory in the best location for picking will enable an efficient service model. Do a root cause analysis and correct the reason that drove the need to urgently replenish stock. Analysis will help resolve the need for unplanned activity in the future. Both need to be executed efficiently and without error.

Inventory Reduction 124

Inventory Reduction Inventory Cost Reduction Material Savings 124

Freightos

JULY 26, 2018

While freight industry executives likely sighed with relief when an update of Amazon’s logistics.amazon.com page on June 28th turned out to be nothing more than a franchise model for courier delivery services. Amazon is at the nexus of ecommerce, data, and logistics, with a drive to constantly improve their logistics network.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Data Supply Chain Planning Software Manufacturing Procurement 52

Logistics Viewpoints

MARCH 21, 2021

We need problem solvers, people that can work with data from a data analytics perspective. The skills enhancement program, dubbed Strategic Capabilities Planning, will include a mix of internally supply chain programs, systems education and external APICS courses – APICS is now part of the Association for Supply Chain Management.

Supply Chain Planning Software 144

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 144

Logistics Business Magazine

JULY 1, 2022

But this also means a door has opened for companies to walk through it and grab hold of new opportunities to optimize their business models. That is why we have conducted extensive surveys and analysis. BB: Firstly, there is the potential of digitalization, particularly the growing importance of data- and cloud-based solutions.

Supply Chain Planning Software 58

Supply Chain Planning Software Supply Chain Software Optimization Software Modeling Software 58

Logistics Business Magazine

JUNE 13, 2022

But this also means a door has opened for companies to walk through it and grab hold of new opportunities to optimise their business models. That is why we have conducted extensive surveys and analysis. A: Firstly, there is the potential of digitalisation, particularly the growing importance of data- and cloud-based solutions.

Supply Chain Planning Software 58

Supply Chain Planning Software Supply Chain Software Modeling Software Procurement Solutions 58

GlobalTranz

MARCH 16, 2016

Supply chain models are evolving. Data Becomes More Available and Accessible. Analytic models have been used for ages in manufacturing. Even simple, guess-based forecast models are technically a form of predictive analytics in manufacturing. Predictive Analytics Will Benefit Manufacturers. Machine Utilization.

Supply Chain Software 60

Supply Chain Software Supply Chain Planning Software Cost Reduction Resource Reduction 60

Supply Chain Brain

APRIL 4, 2018

Specifically, they are inferring pose for articulated motion analysis in crowded scenarios. In other words, they are continuously analyzing the video streams to build a model of the position and pose of each person in the store; what position each person’s limbs and hands are in and how they are moving through space. How much higher?

Analysis 40

Analysis Modeling Software Supply Chain Design Software Supply Chain Planning Software 40

Blue Grace Logistics

JULY 21, 2020

The data and analytics gathered during the measure phase is instrumental to a proper understanding of your operations. Of course, the first step in this process is often the most daunting. Manage is also about understanding the flow of goods, money, and information throughout your organization. Putting it into Action.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Cost Reduction Supply Chain Software 62

Logistics Bureau

AUGUST 1, 2022

Often, in our experience, the problem is a human one… It’s not the data, not the process, not the technology, or the strategy, but the people. Pundits typically emphasize data and digital technology when proselytising for the S&OP concept. S&OP is ostensibly a numbers game, of course. The Demand Planner.

Supply Chain Planning Software 104

Supply Chain Planning Software Scenario Planning Operations Supply Chain Design Software 104

Logistics Bureau

OCTOBER 10, 2022

The second is when you implement segmentation of the SKUs in your portfolio based on Pareto analysis. Applying a single forecasting model to all products in the inventory portfolio. To calculate the EOQ of an SKU, you first need the following items of data to hand: The carrying cost per unit for the SKU. 2: Forecast Accuracy.

Inventory Reduction 114

Inventory Reduction Inventory Optimization Modeling Optimization Software 114

Morai Logistics

AUGUST 16, 2018

Prescriptive analytics is a decision making model that can help supply chains meet the increasing demands that have resulted from the revolution of technology. defines this technology as: A form of advanced analytics which examines data or content to answer the question “What should be done?” Gartner Inc. Benefits for Supply Chains.

Supply Chain Software 60

Supply Chain Software Supply Chains Modeling Software Logistics Network Optimization Software 60

The Logistics of Logistics

JUNE 30, 2022

Keeping up with a complex, multi-layered, global industry is harder than most people think, so we decided to share a list of industry experts who share perspectives, news, trends and timely data on a regular basis on Twitter and Linkedin. Ahmed serves as the Founder and CEO of SCMDOJO. Lisa Anderson. Twitter: @LisaAndersonLMA. Craig Fuller.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 195

Logistics Bureau

JULY 18, 2022

Once you have gathered the data relating to your customers’ needs, you should be able to see if a single logistics strategy will work for your entire customer base, or whether you need to take a segmented approach. Step 2: Gap Analysis – Customer Requirements and Supply Chain Trends. Network modeling and optimisation software.

Inventory Reduction 106

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 106

Logistics Bureau

NOVEMBER 16, 2020

The main lack of talent is in middle management, especially in big data analytics and supply chain planning, where the shortage is around 54%. You could be particularly numerate, or into analysis. If university study is a little beyond you right now, one of the certification courses might work better for you. Data Managers.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

Logistics Problem Solving

AUGUST 4, 2017

While there are ways to reverse course after a faulty strategy is deployed, you must first admit it was faulty. It is much better to look before you leap and test against historical data before you deploy. When Standardized Data is not Standardized Data. But it’s more than having data, it has to be the right data.

Expense Reduction 59

Expense Reduction Cost Reduction Price Reduction Strategy 59