CLX Logistics

FEBRUARY 22, 2024

From optimizing operational efficiency to maximizing cost savings, organizations must navigate a complex landscape of competing priorities and evolving market dynamics. Organizations leverage AI-powered tools to automate routine tasks, extract actionable insights from large datasets, and optimize real-time procurement strategies.

Optimal Sourcing 52

Optimal Sourcing Procurement Negotiating Skills Supply Chain Software 52

Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. The cloud also allows access to Big Data, which greatly improves the platform’s ability to do machine learning. Coupa meets this definition.

Supply Chain Design Software 121

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 121

EazyStock

JUNE 18, 2019

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

Analysis 51

Analysis Inventory Reduction Inventory Procurement Solutions 51

Logistics Viewpoints

FEBRUARY 28, 2022

Further, while artificial intelligence helps solve certain types of problems, Jay Muelhoefer – the chief marketing officer at Kinaxis pointed out – optimization and heuristics work better for other types of planning problems. Artificial intelligence is beginning to be used to update the data.

Supply Chain Planning Software 170

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

EazyStock

JUNE 18, 2019

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

Analysis 40

Analysis Inventory Reduction Inventory Procurement Solutions 40

Conger

MARCH 28, 2024

Introduction to Fleet Management Fleet Management Definition Businesses across all sectors depend on commercial vehicles to transport people and products daily from cross-country delivery services to your neighborhood gas and oil provider. The software centralizes data, provides real-time information, and automates tasks.

Optimization Software 73

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 73

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

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. What is Reverse Marketing?

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

EazyStock

MAY 11, 2021

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC classification (otherwise known as ABC analysis ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

Inventory Reduction 52

Inventory Reduction Inventory How To Procurement Solutions 52

Forto

JULY 25, 2018

Few topics hold the prestige of logisticians like Big Data. The applications of Big Data in business are numerous. In freight management, Big Data yields opportunities for improvement. The reason behind the application of data is immense. The ways we collect data has evolved too. Why Is Big Data Important?

Supply Chain Planning Software 40

Supply Chain Planning Software Data Optimization Software Optimal Sourcing 40

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

SYSPRO Smarter ERP

JUNE 21, 2022

The analysis is mostly on point; however, the blame does not lie with Lean. It is clear from these definitions that having less than the minimum required stock on hand will result in an inability to meet customer demand. This means you can verify all the data you need to make accurate buying and manufacturing decisions.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Software Supply Chains Optimization Software 105

Logistics at MPEPS at UPV

MARCH 31, 2019

Before defining the applicable model of distribution networks and their different scenes, it’s essential to start with these 6 steps: ONE. Definition of the scope It’s crucial not to lose alignment with the evolution of the business and the transformations that implies. Previous steps in the design of distribution networks.

Distribution 40

Distribution Inventory Reduction Cost Reduction Networks 40

Logistics Viewpoints

APRIL 15, 2021

In my Logistics Viewpoints article in January 2021, “ The New Definition of Supply Chain Agility and Resilience in an Unpredictable World ”, I highlighted that modern supply chains must be built on a foundation of extreme agility and responsiveness. The Key to Long-Term Success: Build Agility, Resilience and Profitability Together.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Software Supply Chains Digital 150

Locus

OCTOBER 19, 2021

It is difficult for patients to track the purchase and consumption of prescriptions in larger quantities for a definitive period. Same-day prescription deliveries also help customers to monitor their spending on medicines through a subscription model. Lesson learned: Stick to optimal route plans. Saves time and money.

Optimization Software 52

Optimization Software Logistics Network Optimization Software Supply Chain Planning Software Modeling Software 52

Talking Logistics

SEPTEMBER 7, 2017

In the early days of cloud TMS, there was some element of truth to this, mainly because those early versions lacked optimization capabilities, but that’s no longer the case, which brings us to the next misconception. Did the company have any questions or concerns with either model? Access to data was another consideration.

Optimization Software 60

Optimization Software Modeling Software Logistics Network Optimization Software Optimization Modeling 60

Logistics at MPEPS at UPV

MARCH 26, 2019

The digitalization of the processes and automated production will help the industry to an efficient operation of the storage and transport centers, the chains seek the adoption of tools that allow them to optimize their operations and costs. Autonomous transport. Referring to both terrestrial and aerial vehicles (drones). Blockchain.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Software Optimization Software 40

Ship Monk

NOVEMBER 14, 2022

For others, they’re signs of elevated stress levels, which can definitely lead to eating way too many cookies. 2 Analyze Your Past Data and Compare It to Current Trends. Being aware of these vital data points will help you consistently improve your strategy year-over-year. Slice of cake. Fruitcake. #2

eCommerce 52

eCommerce Material Savings Inventory Reduction Cost Reduction 52

Conger

JANUARY 17, 2023

The 5 principles/steps in warehouse 5S are: Sort Set (in order) Shine Standardize Sustain The 5S warehouse model is also an abbreviation of the first letters — "S" — that form the 5S model. The 5S model is named for five Japanese terms that capture its core philosophy — waste reduction and improved efficiency.

Waste Reduction 52

Waste Reduction Inventory Reduction Cost Reduction Resource Reduction 52

Infosys Supply Chain Management

DECEMBER 1, 2014

For example, when analyzing large amounts of data on the contents of the supermarket baskets the researchers recently found that when a person buys baby''s diapers, there is a good probability that this person would also buy some beer. The quality of prediction benefits from the careful statistical analysis of the available data.

Modeling Software 28

Modeling Software Optimization Software Optimization Modeling Modeling 28

Infosys Supply Chain Management

MARCH 27, 2015

For example, when analyzing large amounts of data on the contents of the supermarket baskets the researchers recently found that when a person buys baby''s diapers, there is a good probability that this person would also buy some beer. The quality of prediction benefits from the careful statistical analysis of the available data.

Modeling Software 24

Modeling Software Optimization Software Optimization Modeling Modeling 24

Infosys Supply Chain Management

DECEMBER 1, 2014

For example, when analyzing large amounts of data on the contents of the supermarket baskets the researchers recently found that when a person buys baby''s diapers, there is a good probability that this person would also buy some beer. The quality of prediction benefits from the careful statistical analysis of the available data.

Modeling Software 20

Modeling Software Optimization Software Optimization Modeling Modeling 20

Logistics Bureau

JANUARY 9, 2019

The definition above is not from any textbook, but is simply one that I’m sure you’ll agree, describes a state of affairs that any corporate leader or business owner would be happy to arrive at. A disciplined approach to the collection, cleansing, and standardisation of supply chain data. Supplier Performance.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 118

Logistics Bureau

JANUARY 7, 2020

The definition above is not from any textbook, but is one that I am sure you will agree, describes a state of affairs that any corporate leader or business owner would be happy to attain. . A disciplined approach to the collection, cleansing, and standardisation of supply chain data. Supplier Performance.

Supply Chain Design Software 122

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 122