Logistics Viewpoints

MARCH 1, 2021

The Introduction of Smokeless Tobacco Products Complicated Philip Morris’s Supply Chain. Alexandros Skandalakis – the Director Global Manufacturing Capacity, Strategic Assets and Capital Expenditures at Philip Morris Products S.A. Once the analysis was done for Year One set up, Year Two was pretty much the same.

Supply Chain Design Software 107

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

SYSPRO Smarter ERP

APRIL 17, 2023

Unfortunately, without proper processing and analysis, this data is of little use to the organization. BI is a powerful tool that can help companies drive informed decisions, improve their planning processes, and maintain a competitive edge in the marketplace. This enables managers to take swift action and keep production on track.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Optimization Software 98

Logistics Viewpoints

FEBRUARY 8, 2024

Predictive and prescriptive analytics have emerged as valuable tools that enable warehouse operations managers to streamline processes, minimize costs, and enhance productivity. Slotting Optimization – Product slotting is a complex problem. Predictive analytics can inject some intelligence into this process.

Optimization Software 144

Optimization Software Modeling Software Efficiency Inventory Reduction 144

Logistics Viewpoints

APRIL 10, 2024

The port handles about 11 million tons of cargo per year, including automobiles, containers, coal, and farm products. For example, an agile supply chain may have real-time data, advanced analytics, decision support tools, and cross-functional teams to monitor, diagnose, and solve problems.

Supply Chain Planning Software 150

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

Logistics Viewpoints

APRIL 4, 2024

There are various use cases of AI/ML for fresh demand planning of products, from producers to large grocery chains and even small delis in suburban Pennsylvania. In this blog, I will discuss the use of AI/ML demand planning for fresh products to help maximize sales and reduce waste.

Scenario Planning 138

Scenario Planning Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 138

Logistics Viewpoints

MAY 23, 2024

APS are complex, live production environments requiring extensive configuration to accurately model a business’s operational reality. This involves setting up numerous parameters like lead times, inventory levels, production capacities, and demand forecasts, all of which must be adjusted for different scenarios.

Scenario Planning 129

Scenario Planning Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 129

EazyStock

JANUARY 31, 2022

Inventory Management KPIs for Effective Inventory Analysis. But with a wealth of inventory KPIs available to choose from to include in your inventory analysis methods, which ones are the most important to ensure you’re on the right track to optimum efficiency? Managing inventory is a complex business. Inventory turnover ratio.

Inventory Reduction 52

Inventory Reduction Inventory Analysis Optimization Software 52

Logistics Viewpoints

JULY 19, 2021

A pound of apples costs about the same as a pound of steel, yet steel is a complex product produced using high-tech metallurgical and manufacturing processes. They produce a wide range of products for the automotive, construction, engineering, and packaging industries. Tata Steel Europe Plant in Wales. The steel industry is not easy.

Supply Chain Planning Software 158

Supply Chain Planning Software Scenario Planning Negotiating Skills Logistics Network Optimization Software 158

Logistics Viewpoints

APRIL 24, 2023

Raja Hammoud, EVP of Products at Coupa, speaking on the main stage at Coupa Inspire Coupa recently completed its Inspire conference. This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. The new mantra is profitable growth.

Supply Chain Design Software 121

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

Logistics at MPEPS at UPV

MAY 2, 2023

In contrast, startups face more significant challenges in meeting delivery times, with 30% reporting difficulties in doing so compared to just 19% of SMEs (TechCrunch, 2021). Will blockchain emerge as a tool to break the poverty chain in the Global South? International Journal of Production Economics, 242, 108235. Kshetri, N.

Supply Chain Software 52

Supply Chain Software Supply Chains Analysis Logistics Network Optimization Software 52

Ship Monk

APRIL 16, 2024

The good news is that fraud management tactics and tools are making it easier to prevent, catch, and combat ecommerce fraud. Today we’re going to examine some of the more common types of payment fraud, and the tactics and tools that ecommerce brands can use to stay ahead of the problem. In 2023 alone, ecommerce fraud (a.k.a.

eCommerce 82

eCommerce Modeling Software How To Procurement Solutions 82

The Lean Thinker

FEBRUARY 4, 2021

Like the pocket card in the last post, this is built on a foundation established by the work of Steven Spear, especially his PhD dissertation that is summarized in Decoding the DNA of the Toyota Production System. Toyota Kata is not a problem solving tool. You Cannot Meet a Challenge Without Working on Stability.

Modeling Software 195

Modeling Software Optimization Software Analysis Tools 195

Logistics Business Magazine

FEBRUARY 6, 2024

ORTEC’s Manufacturing Solution Suite provides valuable insights and planning tools that help companies optimize their supply chain and reduce costs. ORTEC uses data-driven analytics to create supply chain visibility and help solve everyday challenges for staying on target, improving the customer experience, and meeting business goals.

Data 63

Data Supply Chain Planning Software Cost Reduction Scenario Planning 63

The Logistics of Logistics

APRIL 1, 2022

On top of that, he collaborates with customers to identify custom-built solutions and apply Loadsmart’s off-the-shelf products and services. Dynamic pricing that enables shippers to get an instant freight quotes created by a dynamic pricing tool that delivers the right price with guaranteed capacity.

Logistics Network Optimization Software 273

Logistics Network Optimization Software Supply Chain Software Price Reduction Freight 273

3PL Links

MAY 3, 2023

One of the most prevalent causes of this is a lack of visibility, which can lead to incorrect forecasts, troublesome decisions, delayed products reception, and other supply chain hazards. Which tools should we use? It is important to answer the following questions: What is the goal of developing a data strategy?

Sourcing Strategies 62

Sourcing Strategies Inventory Reduction Material Savings Cost Reduction 62

Conger

APRIL 1, 2024

Imagine a world where equipment failures are unheard of as peak productivity is standard. Efficiency: Well-maintained machines operate at optimal levels that lead to increased productivity. Additionally, relying only on reactive strategies may endanger worker safety and hinder overall productivity.

Material Savings 81

Material Savings Expense Reduction Resource Reduction Cost Reduction 81

SYSPRO Smarter ERP

JUNE 14, 2022

It is used to drive productivity, new customer experiences and create a positive societal and environmental impact. Many manufacturing companies still rely on Excel for all sorts of tasks including scheduling, inventory management and data analysis. Data-driven decision making should form part of a business’ daily operations.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Software Modeling Software ERP 105

Logistics Business Magazine

OCTOBER 5, 2022

The number of commercially approved pharmaceutical products that require strict temperature control is growing rapidly. And we understand that discovery, clinical trials and commercialisation require different solutions,” said Phil Gyori, CEO of Pelican Products, Inc. parent company of Peli BioThermal.

Optimization Software 69

Optimization Software Logistics Network Optimization Software Material Savings Cost Reduction 69

AIMMS

FEBRUARY 26, 2020

Manufacturers like Hyundai are experiencing a shortage of components that threaten s to halt production. Unexpectedly, a breakdown in one of their plants caused a serious production issue which required quick, reactive decision making. This leads to insightful and resilient thinking. . – Tweet this.

Supply Chain Planning Software 146

Supply Chain Planning Software Supply Chain Design Software Scenario Planning Supply Chain Software 146

The Lean Thinker

APRIL 20, 2020

At KataCon 2020, Steve Medland posed a problem that comes up fairly often: The default Toyota Kata process analysis (“grasp the current condition”) involves determining takt times and cycle times for the process, and a lot of processes don’t have an obvious repeating cadence. Don’t Confuse the Tool with the Goal.

Capacity 360

Capacity Tools Examples Presentation 360

3PL Links

MAY 19, 2024

The corporation can effectively plan its inventory and production based on this forecast. Effective planning enables the business to guarantee product availability while avoiding excess inventory, which lowers costs and improves customer service. Decisions about production and inventories are based on this forecast.

Inventory Reduction 48

Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 48

EazyStock

OCTOBER 31, 2022

Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. Determining the right stock levels to meet demand is vital for customer satisfaction. This is essential for selecting the overall product mix to maximize market share.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52

EazyStock

OCTOBER 31, 2022

Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. Working out the right stock levels to meet demand is vital for customer satisfaction. Product portfolio management. What is demand planning? Promotion management.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52

Ship Monk

APRIL 5, 2024

To engage in SRM, you’ll need SIM and SPM: an SIM (supplier information management) tool centralizes basic contact and purchasing data for all of your suppliers; an SPM (supplier performance management) tool measures how well each supplier is performing against the terms of the contract. SRM is more than a one-and-done analysis.

Negotiate Pricing 82

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 82

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

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 28, 2023

“Today’s industry is shifting towards high performance products to meet safety, productivity and sustainability goals. UgoWork’s Energy Experts provide unparalleled support, helping us reach our fleet reduction and productivity goals.” The UgoPilot software suite is all about providing clarity.

Optimization Software 66

Optimization Software Price Reduction Material Savings Cost Reduction 66

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. Inaccurate inventory and out-of-stocks continue to significantly challenge productivity according to nearly 80% of warehouse associates and decision-makers.

Supply Chain Planning Software 64

Supply Chain Planning Software RFID Supply Chain Software Inventory Reduction 64

CLX Logistics

DECEMBER 1, 2022

Probably not, which is why standards and best practices are established to show a basic level of competence that can be expected from every service or product provider. Transportation management systems have quickly become a necessity in the logistics industry, but not all TMS products are the same. Don’t: Use Outdated Technology.

Supply Chain Planning Software 81

Supply Chain Planning Software Optimization Software Optimal Sourcing Logistics Network Optimization Software 81

3PL Links

AUGUST 2, 2023

As a result, we can claim that this tool has evolved into a potent strategic asset. In terms of how RPA helps improve the agility and quality of supply chain processes, the tool makes it possible to manage invoicing more effectively by automating actions like sending purchase orders and downloading and uploading documents and receipts.

Supply Chain Software 62

Supply Chain Software Supply Chain Planning Software Supply Chains Automation 62

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. Overhead refers to the ongoing business expenses not directly attributed to creating a product or service. The company has 11 production facilities across North America and China.

Supply Chain Planning Software 141

Supply Chain Planning Software Supply Chain Transformation Scenario Planning Supply Chain Software 141

Logistics Viewpoints

NOVEMBER 6, 2023

As corporations announce plans to be Net Zero across their end-to-end supply chain at some point in the future – often 2050 – they then need their suppliers to participate in helping them meet their goals. Analysis of what is reported may suggest that a supplier has not been totally forthcoming in what they have reported on the platform.

Supply Chain Planning Software 134

Supply Chain Planning Software Resource Reduction Material Savings Procurement Analytics 134

Logistics Business Magazine

OCTOBER 23, 2023

Intralogistics operations could better manage unexpected changes in the warehouse by using visualisation and simulation tools for scenario planning, suggests Yale Lift Truck Technologies. If the economy then changes for the worse, how can a business know what to change to become more productive in the warehouse?

Modeling Software 65

Modeling Software Logistics Network Optimization Software Materials Handling Warehousing 65

3PL Links

OCTOBER 24, 2023

Supply chain management KPIs are the quantitative and qualitative measures that a business monitors to determine whether its production and logistical operations are meeting its performance objectives. Every KPI tracks a different element of your supply chain activities. How do you measure supply chain performance?

Supply Chain Software 48

Supply Chain Software Supply Chains Optimization Software Optimal Sourcing 48

Automotive Logistics

FEBRUARY 13, 2018

Ford has invested a further $25m to increase line speed at its plant in Louisville, Kentucky, following a 25% increase in output of the Lincoln Navigator and Ford Expedition SUV models to meet surging demand in the US. The post Ford invests to meet surging demand for SUVs appeared first on Automotive Logistics. Record sales.

Meeting 28

Meeting After-sales Modeling Software Optimization Software 28

EazyStock

AUGUST 28, 2023

If that’s your reality, you’ll identify with the leading precision engineering cutting tool distributor, Cutwel. Data analysis: Software’s powerful algorithms and complex calculations make it easy to analyze data to identify trends, patterns, and correlations.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

Logistics Business Magazine

JULY 4, 2018

Toolstream is sole distributor of more than 6,000 branded hand tools, power tools, hardware & fixings, to retailers, wholesalers and merchants throughout Europe. The post Case Study: Tooling Up with Storage and Picking System appeared first on Logistics Business® Magazine.

Case Study 28

Case Study Logistics Network Optimization Software Picking Tools 28