Log-hub

MAY 22, 2024

In today’s complex and interconnected global economy, managing supply chains has evolved into a sophisticated discipline that requires advanced tools and strategies. Tools like dashboards and reports are commonly used. PRESCRIPTIVE ANALYTICS : Suggests actions based on data analysis. Here, standardization plays a vital role.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Material Savings Supply Chain Planning Software 52

Logistics Business Magazine

SEPTEMBER 27, 2023

This year marks the 50th anniversary of the invention of RFID which has become a problem-solving tool for front-line workers in warehouses and other industries. In fact, both groups — 82% of associates and 76% of decision-makers — acknowledge they need better inventory management tools to achieve better accuracy and determine availability.

Supply Chain Planning Software 67

Supply Chain Planning Software RFID Supply Chain Software Inventory Reduction 67

3PL Links

APRIL 13, 2023

The goals of lean logistics include waste elimination and quality enhancement. Lean manufacturing refers to eliminating waste in the production process, such as by speeding up deliveries and throughput. Identify customer benefits: value stream analysis for supply chain management What exactly is a value stream?

Waste Reduction 62

Waste Reduction Inventory Reduction Expense Reduction Resource Reduction 62

Conger

JANUARY 17, 2023

5S Warehouse Examples 5S Warehouse Training: How to Get Your Team Ready How to 5S a Warehouse Warehouse 5S Checklist Warehouse 5S FAQs Warehouse 5S Quiz What Is 5S? The 5S model is named for five Japanese terms that capture its core philosophy — waste reduction and improved efficiency. Let's dive in! Table of Contents What Is 5S?

Waste Reduction 52

Waste Reduction Inventory Reduction Cost Reduction Resource Reduction 52

Logistics Viewpoints

JULY 15, 2021

billion in 2020, the cold chain market is expected to reach more than $628 billion in 2028, nearly tripling its growth in less than ten years, according to a market analysis report by Grand View Research. As more and more consumers rely on the cold chain market for their perishable goods, the potential for waste increases.

Logistics Network Optimization Software 157

Logistics Network Optimization Software Supply Chain Software Procurement Solutions Tracking and Tracing 157

Conger

APRIL 1, 2024

Examples include cleaning and lubricating the moving parts or replacing parts before they wear out. Predictive Maintenance Predictive maintenance takes things further using data analysis tools and techniques like vibration analysis and thermal imaging. Inadequate Training: Continuous training is another must.

Material Savings 81

Material Savings Expense Reduction Resource Reduction Cost Reduction 81

3PL Links

JANUARY 4, 2024

This model is an example of an advanced approach for the global logistics sector. In this context, resources and tools which include cloud computing, geolocation, artificial intelligence, Internet of Things, and robot use are available. Logistics 5.0: In light of this, Logistics 5.0 Innovations in technology in logistics 5.0

Supply Chain Software 48

Supply Chain Software Supply Chains Logistics Network Optimization Software Modeling Software 48

Carter Logistics

DECEMBER 20, 2018

Here are three examples of how sub-par supply chain management can harm your business: Mismanaged Implementation – Changing a supply chain management system takes financial investment, time, and human resources. Industry-leading logistics providers focus on continual analysis.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Software Supply Chains Cost Reduction 60

Trinity Logistics

AUGUST 4, 2020

Examples of basic reports include freight spend totals, shipment statuses, and shipment volume reports. Advanced reports can include accountability, analyzed freight spend, lane analysis, and carrier performance to name a few. Lane Analysis Reports. Reports are an important tool to use to find areas of successes and setbacks.

Supply Chain Planning Software 65

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chains 65

GoShip Blog

FEBRUARY 7, 2023

Examples are: Favorable changes in market situations New regulations that will impact your business positively Changes in consumer behavior that favor your brand Threats: Threats are negative external factors that can reduce the effectiveness of your marketing strategy and put your business at risk.

Waste Reduction 52

Waste Reduction Price Reduction Resource Reduction Expense Reduction 52

FW Logsitcs

FEBRUARY 5, 2024

Common Tools and Technologies Used for Temperature Control Leading temp-controlled warehouses utilize complex refrigeration equipment, insulation techniques, and specialized digital tools to maintain interior climate conditions. However, they enable safe, efficient cold chain distribution for perishable and pharmaceutical items.

Supply Chain Design Software 52

Supply Chain Design Software Optimization Software Optimal Sourcing Supply Chain Software 52

GoShip Blog

FEBRUARY 20, 2023

For example, you sell silk-printed shirts. Some great examples of 4PL providers are GoShip , ShipHero, and Shopify. Data visibility Through sophisticated software and data analysis tools, your 4PL provider can provide all the data you need to improve your business. 4PLs can work with your vendors in your stead.

4PL 52

4PL 3PL Supply Chain Software Supply Chain Design Software 52

3PL Links

DECEMBER 28, 2023

The primary logistics trends for 2024 are shown below, along with examples of how some of the industry’s top businesses are already incorporating them into their plans. Efficiency in reverse logistics : improves reverse logistics efficiency by enabling thorough tracking of returned goods, streamlining procedures, and cutting waste.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Sourcing Strategies Trends 48

Locus

DECEMBER 7, 2021

A prime example is how governments in the Middle East have begun to rethink food security targets after the disruptions to their food supply chains. For example: poor quality, high costs, high lead time, supplier communication. For example: high or low product demand, excess inventory holding, product distribution. Conclusion.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

Logistics Bureau

APRIL 3, 2023

So, for example, outsourcing sales activity is not typically a good idea if yours is a retail sales company. For example, US-based companies may be quite fortunate if they have access to manufacturers right on their doorstep in Mexico, a country with far lower labour costs than the rest of North America.

Outsourcing 87

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 87

ShipLilly

JUNE 23, 2021

There are examples of artificial intelligence being used to achieve these goals. For example, an online movie platform can prepare a recommended list for users based on their profile and previous behavioral patterns. In turn, this will reduce costs, waste, duplication, and redundancy. Function 4: Enhancing safety.

Optimal Sourcing 87

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 87

CH Robinson Logistics

FEBRUARY 18, 2022

For example, a TMS can show that selecting one carrier resulted in delayed deliveries and increased customer complaints, while using another carrier produced no delivery problems. A TMS reduces time by supplying digital tools that simplify the freight management process. With a TMS, reporting and analysis are done digitally.

Supply Chain Planning Software 62

Supply Chain Planning Software Optimization Software Supply Chain Software Modeling Software 62

Conger

MAY 24, 2023

Examples of manufacturers that can use automatic replenishment are electronic manufacturers, automotive, pharmaceuticals, textiles, and more. Examples of retailers that use automatic replenishment are Walmart, Dollar Tree, Target, Costco, and Tesco. For example, reordering may require permission to be activated.

Replenishment 40

Replenishment Supply Chain Planning Software Supply Chain Design Software Optimization Software 40

Logistics Bureau

AUGUST 7, 2023

Any shortfalls in the system will typically result in overselling, leading to stock-outs , and overstocking , which ties up working capital unnecessarily and can result in wasteful obsolescence issues. So what can you do to ensure your inventory management meets the challenge of multichannel sales?

Inventory Reduction 89

Inventory Reduction eCommerce Inventory Procurement Solutions 89

FreightWaves SONAR

DECEMBER 29, 2020

As an example, the increased port activity will eventually translate into added trucking demands for nearby markets. Reap the rewards of insightful freight data analytics with FreightWaves SONAR at your fingertips The only way forward in logistics lies in the careful analysis of transportation data.

Data 52

Data Negotiating Skills Transportation Supply Chain Software 52

Logistics Bureau

JULY 10, 2023

The Importance of Analysis However, 3PL outsourcing is not necessarily the best option for every company, so you must thoroughly weigh the pros and cons before committing. While it may be expensive to remedy the problem, at least you know it is money well spent, unlike that which is wasted as long as the scenario exists.

3PL 53

3PL Logistics Network Optimization Software Negotiating Skills Inventory Reduction 53

GlobalTranz

JANUARY 22, 2016

Data collection, analysis, and appropriation will be defining factors for manufacturers this year. The Industrial Revolution gave birth to the concept of statistical quality reporting, the ultimate precursor to all data processing and analysis aspects in business. Why Are Advanced Analytics Becoming Popular With Manufacturers?

Modeling Software 59

Modeling Software Waste Reduction Resource Reduction Material Savings 59

Logistics Business Magazine

OCTOBER 11, 2021

In Poland, for example, the unemployment rate was as close to zero as you can get in an advanced economy, with earnings approaching those of Western Europe. Vitesse can be used to refine these tasks and take waste out of the process. Vitesse is a vital tool that generates actionable insights, and cost savings, in real time. “On

Production 62

Production Material Savings Modeling Software Resource Reduction 62

GlobalTranz

MARCH 20, 2015

To do so you will need to get rid of any filler language in your business plan – not only does this waste time and space but it will pretty much get you nowhere. There are plenty of mobile apps capable of helping you with freight management in the long run, becoming an invaluable tool to help with your business analysis.

Tips 98

Tips Freight Logistics Network Optimization Software Optimization Software 98

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’s not a short list, so we’ll set it down here as a summary to help you with plans for analysis.

Supply Chain Design Software 90

Supply Chain Design Software Supply Chain Design Distribution Networks 90

GlobalTranz

FEBRUARY 27, 2015

As a 3PL who offers a transportation management system we’ve integrated to many ERP software, we view the use of technology as an enablement tool for shippers to cut out unneeded waste and thus add more to the bottom line by saving money from such efficiency. Cost savings from overall equipment effectiveness improvements.

Manufacturing Procurement 110

Manufacturing Procurement ERP Logistics Network Optimization Software Procurement Solutions 110

Logistics Bureau

MARCH 14, 2018

Outsourcing providers use advanced technology to make their operations more efficient and to safeguard their own margins, but the same tools are available to all those prepared to invest in them. Premium orange juice for example has a storage life of about 65 days. Do these calamities mean that warehousing automation is bad?

Supply Chain Software 64

Supply Chain Software Warehousing Automation Supply Chain Design Software 64

Forto

JULY 25, 2018

It might include the analysis of this data through analytics. In other words, a definition that meets all understandings and interpretation of Big Data, such as: “Big Data is the crossroads where data collection, analysis, action and review intersect.”. Use “Sentiment Analysis” techniques to connect with customer feedback.

Supply Chain Planning Software 40

Supply Chain Planning Software Data Optimization Software Optimal Sourcing 40

Blue Grace Logistics

AUGUST 12, 2021

Fleet managers must know the estimated time of arrival to minimize delays, which can cause wasted time and money. For example, in a flight, the wind and its direction are also considered. Today, many companies have already launched AI tools to improve the prediction of maritime and land transport operations.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Modeling Software Optimization Software 62

Material Handling and Logistics

AUGUST 10, 2018

But I often see companies that have more cutting tools, for example, than they need. This kind of overstocking can easily result in losses from waste or theft and force overbuying. Machinists may set aside a box of inserts and drills at their work stations, for example, to ensure they don’t run out. Too Little.

Negotiate Pricing 90

Negotiate Pricing Negotiating Skills Purchasing Skills Procurement Solutions 90

Automotive Logistics

APRIL 30, 2018

But today, new tools powered by the Internet of Things (IoT) are making it possible for the automotive supply chain to adopt many of the data-driven optimisation techniques pioneered in manufacturing. In general, an IoT supply chain solution involves a wireless tracking system coupled with a cloud-based monitoring and analysis platform.

Supply Chain Planning Software 58

Supply Chain Planning Software Supply Chain Software Waste Reduction Cost Reduction 58

SYSPRO Smarter ERP

NOVEMBER 13, 2023

One of the big challenges facing manufacturers is inadequate reporting and analysis capabilities. BI software provides the tools to analyze the data collected from ERP software and other applications to provide insights and information that help businesses make better decisions.

ERP 64

ERP Manufacturing Procurement Inventory Reduction Optimal Sourcing 64

Logistics Bureau

MAY 31, 2021

For example: Compared to selling a product in-store, the cost to deliver that same item as a small parcel can be several times higher. The above examples reflect costs that include picking, packing, and last-mile delivery. Waste – which can be time-related, or associated with stock damages or loss. Rework – due to errors.

Cost Reduction 117

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 117

Conger

DECEMBER 13, 2022

For example, heavy products are placed in the bottom bins while light products are at the top. For example, if a warehouse has date-restricted or perishable stock, the WMS can identify the items that need to be picked first or those that need a sales push to minimize waste. Analytics. Enterprise resource planning (ERP) systems.

Supply Chain Design Software 52

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

EazyStock

NOVEMBER 17, 2020

To remain competitive they know they need the tools to ensure the right stock is in the right place at the right time. For example, at maturity, demand may be stable, whereas when a product comes nearer to the end of its life, demand could become very volatile. How well does your ERP inventory management tool manage your suppliers?

ERP 98

ERP Inventory Reduction Inventory Optimization Software 98

SYSPRO Smarter ERP

SEPTEMBER 20, 2021

For example, before the pandemic, companies could get by with analog machines, paper-based systems, and disconnected point solutions. Manufacturing resources need to be deployed, coordinated and managed in such a way that they help the company do what it wants to do without wasting resources. I should know. I grew up in manufacturing.

Manufacturing Procurement 110

Manufacturing Procurement Optimal Sourcing Optimization Software Digital 110

Logistics Viewpoints

JANUARY 23, 2024

This allows the retailers to eliminate wasted miles and get the item into the appropriate location for re-sale. The example they gave me was to understand the yield for a burger with pickles at a QSR. Part of this analysis is to look at lost revenue or the seasonality of items, and help to create a specific promotion for that item.

Supply Chain Planning Software 126

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 126