Transporeon

SEPTEMBER 19, 2017

Transportation procurement, the process of identifying and evaluating logistics providers, is a game of options. As a simple example, if you have 100 lanes with 10 offers per lane, that number would be 100 10 , or 100,000,000,000,000,000,000. This is where combinatorial optimization can help. On behalf of a U.S.-based

Optimal Sourcing 48

Optimal Sourcing Optimization Software Optimization Vendor Strategies 48

Logistics Business Magazine

JUNE 22, 2023

Intralogistics has been very successful for years in automating manual activities and thus sustainably improving ergonomics within the internal and external supply chain. How, for example, must future user interfaces or tools be designed? They are the source of ideas and critical testers”, Johannes Schweiger says.

Supply Chain Design Software 60

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Optimization Software 60

Talking Logistics

SEPTEMBER 24, 2018

The research focused on the inventory visibility and optimization challenges that companies face today related to omni-channel fulfillment and the actions they should take to elevate their omni-channel performance. Source: “Omni-Channel Logistics Leaders: Top 5 Inventory Insights,” Adelante SCM & LEGACY SCS.

Optimal Sourcing 75

Optimal Sourcing Inventory Nodes Manufacturing Procurement 75

Logistics Viewpoints

OCTOBER 10, 2022

in turn, is a boutique procurement consultancy. As the Automotive OEMs improved their supply chain risk management processes, they then turned to their key suppliers to improve their risk management processes. Niebur spoke of risk management as a continuous improvement journey that would never end.

Supply Chain Planning Software 134

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 134

Logistics Viewpoints

FEBRUARY 8, 2022

For example, they might browse products online, but visit a brick-and-mortar store to finalize their selection. As just one example, Nike’s online sales grew by 75% in 2020 — but its profit margins fell from 45.5% due to the higher costs associated with online selling. While driving a projected $14.1

Optimal Sourcing 112

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 112

Blue Grace Logistics

AUGUST 12, 2021

For example, in a flight, the wind and its direction are also considered. How Technology Can Improve ETA. Today, many companies have already launched AI tools to improve the prediction of maritime and land transport operations. For example, consider drayage movement. Why Are Accurate And Reliable ETAs important?

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Modeling Software Optimization Software 62

Logistics Viewpoints

APRIL 7, 2022

As an example, a major retailer whose market presence is in the Americas realized that several of their shipments that originate in China pass through Russia to make their way to the west and are now subject to shipment backlogs. For the longest time, supply chain organizations’ major objective was cost optimization.

Supply Chain Design Software 143

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

EazyStock

DECEMBER 13, 2020

Uncertainty is all but guaranteed in 2021 – the best course of action is to mitigate whatever risks you can. Optimize Inventory. Having a transparent and detailed account of what inventory you are currently holding will help you optimize your inventory levels while allowing you to be responsive to market demand.

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Supply Chain Planning Software Cost Reduction 98

The Lean Thinker

MARCH 23, 2023

During the war there was huge growth and turnover within the industrial base as production shifted from civilian products (locomotives, for example) to wartime production (tanks). Job Methods, teaching the skill of analyzing work with an eye to improve efficiency. The challenge, of course, is that nobody owns this material.

Buyer Training 195

Buyer Training Material Savings Course Optimal Sourcing 195

Logistics Business Magazine

DECEMBER 13, 2023

Leveraging a business network for ESG and SCOPE 3 reporting: Business networks connect global supply chains across many different sectors, they are pervasive and reach into almost any business system and out to any trading partner or information source. Conversational AI is set to change how users interact with their business networks.

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 59

Blue Grace Logistics

JULY 21, 2020

Understanding the nuances of your supply chain and how to improve upon it is the best way to achieve maximum savings, optimize efficiency, and manage customer expectations. Measuring can help you to: Analyze the need for process improvements. Of course, the first step in this process is often the most daunting.

Optimal Sourcing 62

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

GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. In other words, the use of AI may help to improve patient outcomes and reduce delays from misdiagnoses or laboratory testing. The State of Supply Chain 2016 Trends.

Manufacturing Procurement 65

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 65

Logistics Viewpoints

MAY 27, 2021

In my Logistics Viewpoints article in April 2021, Building Profitability with Agility while Digitally Transforming the Supply Chain , I mentioned that we will continue to explore here the concrete steps in the digital journey and examples of determination from the top in addition to logistics operations.

eCommerce 138

eCommerce Optimal Sourcing Supply Chain Software Supply Chain Planning Software 138

Logistics Viewpoints

OCTOBER 3, 2022

In warehouses, for example, one solution is labor management. Labor management systems break the work down into very granular activities, set targets for doing those tasks in an allotted period of time, and measure how workers do against the time standards over the course of the day.

Supply Chain Software 172

Supply Chain Software Supply Chains Sourcing Strategies Optimal Sourcing 172

Ship Monk

APRIL 13, 2023

While both are important in terms of maintaining customer satisfaction, today we’re going to focus on speed — specifically, order cycle time and ways to improve it. On the other hand, if new orders are coming in faster than they can fill them, that’s a good indication that order cycle time needs improvement. What is Order Cycle Time?

eCommerce 72

eCommerce Ordering Optimal Sourcing Inventory Reduction 72

Logistics Business Magazine

DECEMBER 13, 2021

Four big names, one big project: Anchoring open source in logistics across the globe. A technology initiative of this kind is not only unique in logistics to date, but the founders are also taking on a pioneering role in the future topic of open source. Open source means that the source code of a software is publicly accessible.

Sourcing Strategies 58

Sourcing Strategies Optimal Sourcing Sourcing Logistics Network Optimization Software 58

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. The answer depends, of course, on your company’s objectives and, particularly, on your customer service promises. What Next for Toyota IM?

Inventory Reduction 87

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 87

Logistics Viewpoints

OCTOBER 20, 2022

The frequency of RFP events is only one area that can be improved as shippers look for a better way to manage freight procurement processes. Some items on a shipper’s “Wish List” for freight procurement are flexibility, visibility, and efficiency. Break out the eggnog because there is a better way to manage freight procurement.

Optimal Sourcing 125

Optimal Sourcing Freight Procurement Logistics Network Optimization Software 125

Stord

JANUARY 11, 2022

Stord’s team works with hundreds of companies every day to drive efficiencies and optimize their operations across a range of freight, warehousing, fulfillment and packaging requirements. For example, the price of 42# linerboard has gone up 35% in the last 12 months, over the course of 4-5 price increases.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Optimization Software Optimal Sourcing 78

Freightos

MARCH 17, 2019

The annual fixed-price contract is the current go-to for ocean freight procurement. But, much like the iPod, which was admittedly a great device, there’s clearly room for improvement. Source: SGX, Freightos Baltic Index. Technology rewrote industry rules and improved our listening to music. We never looked back.

Optimal Sourcing 48

Optimal Sourcing Procurement Price Reduction Freight 48

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. It also offers benefits regardless of whether you are already using energy-efficient light sources.

Cost Reduction 107

Cost Reduction Purchasing Skills Waste Reduction Material Savings 107

Logistics Viewpoints

FEBRUARY 26, 2024

Cooper University Health Care Relies Upon Real-time Alerts to Improve Operations Cooper University Health Care, like most companies, struggled with their supply chain during COVID. Cooper uses this solution to improve their service levels and operational efficiencies. Of course it would! Then the risk solution fills in the gaps.

Supply Chain Planning Software 149

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 149

Ship Monk

FEBRUARY 8, 2023

This, of course, means that streamlining those warehousing and fulfillment operations can drive profitability. Whether you manage your own fulfillment warehouse or outsource ecommerce order fulfillment and logistics to a 3PL , there is always room for improvement. But how do you identify what is going well and what needs improving?

Optimal Sourcing 59

Optimal Sourcing Operations Optimization Software Inventory Reduction 59

Ship Monk

APRIL 5, 2024

The fact is, most business owners think of procurement as nothing more than a transactional relationship. So much attention is paid to negotiating the price of the goods and coordinating the delivery that very little thought goes into the quality of the relationship and how improving it might help you both. If so, good on you!

Negotiate Pricing 82

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 82

Talking Logistics

AUGUST 8, 2017

In today’s post, I’ll share some concrete examples of machine learning applications used today in the context of S&OP. The first example is to use machine learning for improving the results of your promotions and improving sales. Take the Coca Cola company, for example. Machine learning to boost your sales.

Optimal Sourcing 63

Optimal Sourcing Supply Chain Planning Software How To Scenario Planning 63

Logistics Viewpoints

MAY 24, 2021

Cardinal Health sources products globally and distributes those pharmaceutical and medical supplies in the United States through their network of distribution centers. Rail is improving,” Mr. Halligan said. Transportation efficiencies, of course, are also good for the environment. domestic deliveries every day.

Optimal Sourcing 83

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Supply Chain Software 83

Blue Grace Logistics

FEBRUARY 18, 2021

Processes that depend on fax and phone calls to delegate shipment orders can see improvement through digitization by providing transparency in a shipment’s progress across the operation. Connecting Data Sources – Modern supply chains rely heavily on a concept known as the Internet of Things (IoT).

Sourcing Strategies 62

Sourcing Strategies Digital Efficiency Optimal Sourcing 62

AIMMS

FEBRUARY 3, 2020

Moving past waste, water, and C02 reduction, they have begun searching for renewable energy sources, different forms of packaging, and increased efficiency overall. More and more enterprises will be focusing on processes like ethical sourcing, reverse logistics, and using green materials in response to public demands.

Supply Chain Planning Software 133

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 133

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. A training needs analysis (TNA) will identify where employee training can make a meaningful contribution towards improving performance.

Buyer Training 40

Buyer Training Optimal Sourcing Expense Reduction Cost Reduction 40

Logistics Viewpoints

JUNE 29, 2021

When you’re ingesting and synthesizing data from dozens or hundreds or millions of sources (as most sophisticated platforms do nowadays), you will see duplicated records, incomplete fields, formatting inconsistencies, different languages, different units of measurement. And better data science leads to better business outcomes for customers.

Data 146

Data Supply Chain Design Software Supply Chain Planning Software Digital 146

EazyStock

DECEMBER 17, 2019

Green supply chain management practices can be included in every link of the supply chain from material sourcing and selection, product design, manufacturing processes, product delivery, and even product disposal after the product’s useful life. For example, governments are opening access to export tools and guidance.

Supply Chain Software 81

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 81

Logistics Viewpoints

JUNE 20, 2022

Mr. Bailey has worked most of his career at VF – as an industrial engineer in facilities, in strategic sourcing, running offshore operations, and now as the person in charge of the company’s entire supply chain. VFC’s supply chain sourced over 410 million units of apparel, footwear, and accessories in their last fiscal year.

Supply Chain Planning Software 126

Supply Chain Planning Software Supply Chain Software Manufacturing Procurement Supply Chains 126

Logistics Bureau

JANUARY 7, 2020

Of course, it is helpful to have some statistics on hand to validate the statement above. Walmart may be the most famous example of a company that has succeeded primarily because of a well-developed and aligned supply chain strategy. The success of your business links inextricably to the performance of your supply chain.

Supply Chain Design Software 122

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

Logistics Viewpoints

AUGUST 22, 2023

That’s when you can course correct in any number of ways that make your business more efficient and your customers happier. And modern, API-first data strategies have vastly improved portability, ensuring data can be easily moved and shared between any cloud and any application. In other words, visibility is an enabler.

Supply Chain Planning Software 111

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

EazyStock

JANUARY 27, 2021

In addition to shorter lead times, lower shipping costs, no tariffs and a typically lower MOQ, domestically-source products usually are higher quality – plus, sourcing domestically can work as an attractive marketing strategy. For domestic suppliers, the opposite is typically the case. Automation. trillion by 2023.

Supply Chain Software 96

Supply Chain Software Supply Chain Planning Software Inventory Reduction Supply Chains 96

Ship Monk

MARCH 11, 2024

And when we feel uncertain, humans tend to look for examples of what others in our situation have done. We’ll give you some examples of social proof, and we’ll even rank them in terms of trustworthiness. Of course, sometimes following the herd can lead us astray. We look for “proof” that we’re making a good decision.

eCommerce 89

eCommerce Logistics Network Optimization Software Case Study Procurement Solutions 89

3PL Links

JANUARY 31, 2023

7 Best Tips for Inventory Management To Avoid Losses | Image source: AR Racking Inventory management is likely the most crucial success component if you sell products through an online store. Thankfully, it’s not a wet finger job, but with efficient inventory management, you can optimize the product flows coming in and going out.

Inventory Reduction 62

Inventory Reduction Inventory Tips Expense Reduction 62