Logistics Viewpoints

FEBRUARY 8, 2024

While predictive analytics seeks to answer questions such as “what might happen in the future,” prescriptive analytics goes beyond by recommending the best course of action going forward. Traditional slotting solutions require customized models, extensive engineering, measurement, and data collection.

Optimization Software 144

Optimization Software Modeling Software Efficiency Inventory Reduction 144

Logistics Bureau

NOVEMBER 6, 2023

Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency. Does your company use incandescent, halogen, or HID lighting in its warehouses?

Cost Reduction 107

Cost Reduction Purchasing Skills Waste Reduction Material Savings 107

Logistics Business Magazine

FEBRUARY 21, 2022

Toyota Material Handling UK has helped the award-winning premium snack producer, Burts Snacks, to reduce intralogistics costs and achieve significant handling efficiency gains across its business. The post Snack producer reduces forklift fleet size appeared first on Logistics Business® Magazine.

Material Savings 66

Material Savings Cost Reduction Modeling Software Sourcing Strategies 66

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? Amazon did not invent the random storage approach. Book your free consultation.

Inventory Reduction 87

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 87

Logistics Viewpoints

APRIL 26, 2024

It will be interesting to see how these smugglers will change course when fossil fuels are completely replaced by renewables. per month on orders over $35 from Whole Foods Market, Amazon Fresh, and other local grocery and specialty retailers on the platform, including Save Mart, Bartell Drugs, Rite Aid and Pet Food Express.

Logistics Network Optimization Software 124

Logistics Network Optimization Software Material Savings Supply Chain Planning Software Cost Reduction 124

Logistics Viewpoints

JULY 28, 2022

The difficulties are pushing companies to come up with creative strategies that help encourage employees to find on-the-job fulfillment. Simultaneously, companies can regulate the supply chain flow and unlock operational savings. One such tactic is the implementation of robotics and gamification in a warehouse setting.

Supply Chain Design Software 152

Supply Chain Design Software Sourcing Strategies Supply Chain Software Material Savings 152

FreightWaves SONAR

NOVEMBER 16, 2020

“What’s the best way to use data to beat your competition as a freight brokerage business?” Nevertheless, it all adds up to a greater demand for integrated systems and real-time data. Furthermore, real-time data and SaaS-based resources have additional value in the form of enabling management by exception.

Modeling Software 106

Modeling Software Logistics Network Optimization Software Supply Chain Software Data 106

Logistics Business Magazine

MARCH 13, 2024

Crucially, for users of The Pallet LOOP, the information will also prove invaluable – revealing fascinating insights about the financial and carbon savings they are achieving. The system also provides information about the amount of carbon saved and trees repurposed, which can be used in sustainability reporting.

RFID 62

RFID Supply Chain Design Software Supply Chain Software Material Savings 62

GlobalTranz

NOVEMBER 17, 2016

Supply chain leaders are enthralled with the idea of using big data, but they tend to fail to understand how to disseminate big data in their organization properly. True, they may know how to roll out big data in a single warehouse, or they may have heard their competitors used branded systems for implementing this new technology.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Software Procurement Solutions Supply Chain Design 115

Logistics Viewpoints

AUGUST 22, 2023

And in the intervening years — as we’ve leveraged real-time data, ML and AI to help countless companies answer the “where’s my truck” question — I’ve continued to underscore that visibility is a foundational technology. That’s when you can course correct in any number of ways that make your business more efficient and your customers happier.

Supply Chain Planning Software 111

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 111

GlobalTranz

NOVEMBER 18, 2016

Big data applications are already impacting supply chain entities around the globe, but some of its most interesting possibilities may have yet to be realized. However, the current progression of big data does give rise to some very tangible benefits to your company within the next five years. 6 Benefits to Using Big Data Applications.

Supply Chain Planning Software 89

Supply Chain Planning Software Data Material Savings Manufacturing Procurement 89

Logistics Viewpoints

JUNE 10, 2021

As an entrepreneur I’ve been reflecting on this a lot: The current milestone in logistics and fulfillment is using emerging technologies to capture and leverage exponentially growing data sets in warehouses and throughout the entire fulfillment network. Data sets have grown quickly in the cloud paradigm – and they exploded in 2020.

Supply Chain Planning Software 100

Supply Chain Planning Software Modeling Software Optimization Software Logistics Network Optimization Software 100

SYSPRO Smarter ERP

JANUARY 22, 2024

Material Requirements Planning for a modern manufacturing environment Material Requirements Planning (MRP) is software that helps companies estimate the required quantities of raw materials, maintain inventory levels, and ensure manufacturing has all the items needed to make products to satisfy demand. In an Industry 4.0

MRP 52

MRP Manufacturing Procurement Optimal Sourcing ERP 52

SYSPRO Smarter ERP

JANUARY 19, 2022

When China shut down operations in a bid to contain Covid-19, supply chains ran out of material. To help consolidate loads and reduce costs of shipping, new and bigger container ships capable of carrying 18,000 containers are being built – the size of these container ships has doubled in the last 15 years. The benefits of ERP.

Manufacturing Procurement 105

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

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. Alex Pradhan, Product Strategy Leader John Galt Solutions, told me that “all planning vendors have bold marketing around AI.” Artificial intelligence is beginning to be used to update the data.

Supply Chain Planning Software 169

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 169

SYSPRO Smarter ERP

APRIL 25, 2022

One of the key factors for ATO is how accurately the manufacturer forecasts orders for products, based on historical data, macroeconomic trends, and the overall condition of the market. It requires less capital investment as companies only stock up on materials and assemblies that are needed. Challenges of ATO.

Ordering 111

Ordering Inventory Reduction Material Savings Modeling Software 111

Ship Monk

DECEMBER 15, 2023

Discounts According to Adobe , discounts peaked at 31% in the electronics category, toys (27%), computers (24%), and apparel (23%). Extended Weekend Discounts are appearing earlier and earlier in November, and consumers are okay with that. Were they discounted and by how much? What were your best-selling products?

Purchasing Skills 64

Purchasing Skills Material Savings Supply Chain Planning Software Procurement Analytics 64

GlobalTranz

JANUARY 21, 2015

As a supply chain director, manager, or boss of a multinational corporation, where the supply chain is an integral part of your business, supply chain cost reductions are always at the forefront of your team’s mind. Vendor Managed Inventory Model for Supply Chain Cost Reductions. The distributor maintains the inventory plan.

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

3PL Links

APRIL 23, 2024

inventory management helps the company not lose sales, prevents/reduces waste, and reduces expenses. The finest relationships for your business are identified by developing decision models based on multiple criteria and accessing useful data through algorithms.

Supply Chain Planning Software 48

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

Logistics Viewpoints

NOVEMBER 11, 2021

Reporting to keep the inventory strategy fresh and supporting the goals of the organization. Is a replenishment strategy needed? Investing time to construct an optimal flow of material in the warehouse will reduce unneeded steps. It also decreases the opportunity for errors with that reduced handling.

Inventory Reduction 123

Inventory Reduction Inventory Cost Reduction Material Savings 123

Logistics Viewpoints

NOVEMBER 7, 2022

Preliminary data from last Monday – October 31 st – reported Eurozone inflation running at 10.7% For supply chain executives, this is a good time to start contemplating stock keeping unit (SKU) reductions (reducing the number of products and product variations manufactured). Greenhouse Gas Reductions.

Supply Chain Planning Software 127

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 127

The Logistics of Logistics

MAY 8, 2021

Circular supply chains are interconnected systems that use secondary and regenerative inputs to generate value by reducing and extending resource use. Join the Circular Supply Chain Network to be among the first to know when we have live discussions, webinars, new courses, and more! Analyzing data. Circular Supply Chain.

Supply Chain Software 195

Supply Chain Software Supply Chains Waste Reduction Expense Reduction 195

Logistics Viewpoints

MAY 5, 2021

There is of course a system of checks and balances for global corporations when looking at supply chain sustainability, as even though they may have the best intentions, profitability is still the main business driver. It is asking for country level goals to reduce emissions by 50 percent of more by the end of 2030. According to Ms.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chains 118

Logistics Business Magazine

NOVEMBER 27, 2023

This applies across the board, from how their facilities are constructed, to impacts on land use, hydrology and infrastructure requirements, transport movements generated, and of course how the facility itself is equipped and operated. A new build obviously generates a lot of carbon and uses other resources in its materials and construction.

Supply Chain Software 39

Supply Chain Software Automation Vendor Strategies Material Savings 39

Logistics Viewpoints

AUGUST 11, 2023

It’s taking semiconductor firms more than twice as long as their peers in other industries to hire personnel such as technicians or mechanical engineers, with the typical process stretching to about three months, according to an analysis of the top 50 chip producers in the US by Revelio Labs, a labor-market data analyst. FedEx, the U.S.

Negotiating Skills 108

Negotiating Skills Logistics Network Optimization Software Purchasing Skills Material Savings 108

Logistics Bureau

JANUARY 7, 2020

Of course, it is helpful to have some statistics on hand to validate the statement above. Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. What’s wrong with this picture?

Supply Chain Design Software 122

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

Logistics Viewpoints

SEPTEMBER 29, 2021

In recent years, sustainability has become front and center for both consumers and brands in an effort to reduce the impact and effect of climate change. Over the last few years, we have seen dozens and dozens of examples of companies changing the way they source materials to promote sustainability and ethical standards.

Sourcing Strategies 122

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Purchasing Skills 122

AIMMS

JANUARY 28, 2019

A typical question we deal with could be: “should we invest in brewing capacity in South Africa or can we postpone that investment and save costs by importing beer from the Netherlands instead?” But it had its limitations, of course. There was no global master data in place either. To mention a few, version control was hard.

Modeling Software 117

Modeling Software Optimization Modeling Optimal Sourcing Modeling 117

Logistics Bureau

JANUARY 9, 2019

Of course, it is helpful to have some statistics on hand to validate the statement above. Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. Mini Case Study: Walmart.

Supply Chain Design Software 118

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

Logistics Viewpoints

JULY 18, 2022

Products, of course, can be picked up at the branches. A single study can drive millions in savings while maintaining or even improving service levels. It examines the skills of the people on the team, the process, technology, and strategy associated with supply chain design. Across the US, Ferguson has 6.5

Supply Chain Design Software 132

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 132

Logistics Viewpoints

APRIL 7, 2022

Now, these shipments are being shifted to ocean and air, radically reducing rail shipments. Likewise, you may have made assumptions about supply being limitless for certain raw materials that have traditionally been available in abundance. The aforementioned recommendations should help in this regard. He received his Ph.D.

Supply Chain Design Software 143

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 143

SYSPRO Smarter ERP

NOVEMBER 25, 2021

Manual production lines are switching to automated assemblies and valuable data is being used to discover actionable insights into manufacturing operations. by automating the collection of data from machines, devices and applications then transforming that data into immediate insights.

Factories 105

Factories Supply Chain Design Software Supply Chain Planning Software Optimization Software 105

SYSPRO Smarter ERP

NOVEMBER 24, 2021

Manual production lines are switching to automated assemblies and valuable data is being used to discover actionable insights into manufacturing operations. by automating the collection of data from machines, devices and applications then transforming that data into immediate insights.

Factories 98

Factories Supply Chain Design Software Supply Chain Planning Software Optimization Software 98

Conger

JANUARY 17, 2023

Warehouse 5S is a lean management strategy that helps warehouses accomplish a basic objective: making problems visible. The 5S model is named for five Japanese terms that capture its core philosophy — waste reduction and improved efficiency. Some common sorting strategies include: General cleaning of an area.

Waste Reduction 52

Waste Reduction Inventory Reduction Cost Reduction Resource Reduction 52

3PL Insights

DECEMBER 14, 2022

Hazardous materials require additional security and safety measures while being stored or transported. Going beyond safety considerations, criminals may want to compromise hazmat to weaponize or steal valuable materials. Anyone with access to hazardous materials, such as employees, poses a risk to security. According to the U.S.

Security 52

Security Material Savings Optimization Software Inventory Reduction 52

GlobalTranz

FEBRUARY 25, 2021

Reverse logistics refers to all operations related to the reuse of products and materials. Moreover, shippers need to be able to determine the state of the returned product, whether it goes back into inventory, needs repackaging or refurbishing, is discounted, or is disposed of. Imagine this scenario. It’s a simple weather radio.

Reverse logistics 84

Reverse logistics Inventory Reduction Cost Reduction Material Savings 84

GlobalTranz

AUGUST 9, 2016

The are the 8 Rights of Lean Transportation thinking: Right Materials, Right Quantity, Right time, Right Place, Right Source, Right Price, Right Quantity, and. It is surprising how far people walk in the course of a year in many processes. Transportation strategy should not drive how and when product is delivered. Right Service.

Waste Reduction 53

Waste Reduction Cost Reduction Inventory Reduction Price Reduction 53