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. The payoff is well worth it.

eCommerce 139

eCommerce Optimal Sourcing Supply Chain Software Supply Chain Planning Software 139

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

Blue Grace Logistics

SEPTEMBER 12, 2017

Results from the 2017 study show that roughly 75% of respondents are using the mix strategy (be all things to all people) as the predominant approach for their companies compared to the 51% who we reported utilizing a mix strategy in our 2016 results. Cost is, of course, another important aspect of running a successful business.

Cost Reduction 66

Cost Reduction Logistics Network Optimization Software Price Reduction Sourcing Strategies 66

Bringg

MARCH 24, 2021

To meet the new demand, companies will have to adjust their operations for greater efficiency, flexibility, and cost reduction. Supply chain optimization ensures a smoother process and a more successful business model focusing on efficiency and profit. Optimizing this process allows it to function at peak efficiency.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

Material Handling and Logistics

OCTOBER 30, 2018

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. Digitization is Your Friend. Be proactive about your suppliers! How do you do that? Master Innovation.

Optimal Sourcing 166

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 166

Freightos

APRIL 27, 2023

The article presents findings from a survey conducted across over 200 global supply chain professionals to highlight how the pandemic has increased the need for freight market intelligence and how it continues to be relevant even as supply chain issues resolve. But even since July 2020, much has changed.

Data 62

Data Freight Optimal Sourcing Supply Chain Software 62

Logistics Viewpoints

NOVEMBER 7, 2022

Meanwhile, supply chain risk management solutions can be used to monitor the financial health of upstream vendors so that alternative sources of supply can be secured promptly if key vendors are in trouble. China, of course, is likely to react to these measures in ways that may be hard to predict.

Supply Chain Planning Software 127

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

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 62

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 62

Logistics Bureau

APRIL 18, 2019

Source: Council of Supply Chain Management Professionals 2017 Survey. Of course the same is true in many professions, but is particularly so in the arena of supply chain and logistics. Let’s look at them from the perspective of the supply-chain Plan, Make, Source, and Deliver model. Supply Chain Planning. –Dwight D.

Manufacturing Procurement 96

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 96

Turvo

JUNE 10, 2020

Consider this example. Few areas of the supply chain are more susceptible than sourcing strategies. In the global economy, manufacturers may source raw materials from affected regions. Take another example. And, they want “contactless” paperwork. Without an adequate supply, the supply chain shuts down.

Supply Chain Planning Software 53

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 53

Ship Monk

JULY 27, 2022

We’re talking, of course, about demand forecasting, or the process of predicting customer demand for a product or service. Keep reading to learn what demand forecasting is, why you need it, and how to implement it into your eCommerce strategy! The COVID-19 pandemic was a prominent example. #5 What is Demand Forecasting?

eCommerce 52

eCommerce Inventory Reduction Cost Reduction Price Reduction 52

GlobalTranz

JANUARY 10, 2017

Of course, the human controlling capacity for actual AI is still far from realistic, but the concept of a superior AI did make strides this year. A 2016 Accenture survey, reports RF Gen , explained how more companies are taking advantage of AI benefits through linked supply chains. Supply chains are growing smarter and more efficient.

Manufacturing Procurement 65

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 65

GlobalTranz

JANUARY 9, 2017

Per GT Nexus , 75 percent of executives surveyed recognized the digital supply chain as an important factor for the next five years. Supply chains must evolve to meet an increasing number of omnichannel sales, and technologies must be integrated within existing systems to reach maximum efficiency and productive value.

Supply Chain Software 79

Supply Chain Software Supply Chains Optimal Sourcing Digital 79

Logistics Bureau

SEPTEMBER 28, 2020

The key difference between the two can perhaps be explained in the following example: A 3PL provider working with a paint manufacturer may package and store products as well as transport them to retailers and/or customers. The best example of a 4PL model is Amazon.com. Amazon: A Hard 4PL Act to Follow. Some Australian 4PL Models.

4PL 116

4PL Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software 116

Freightos

MARCH 17, 2019

Source: SGX, Freightos Baltic Index. So we asked them by conducting a survey in November 2018. For example, logistics providers reported that unless they paid extra during capacity crunches, 25% of their shipments failed to make the first available sailing. This, of course, requires a reputable global freight index.

Optimal Sourcing 48

Optimal Sourcing Procurement Price Reduction Freight 48

GlobalTranz

JUNE 15, 2017

When employees are trained to communicate with clients and team members without reserves, to avoid conflicts between professional activity and personal attitude, demonstrate professionalism in oppressive situations, this is integrity that leads to supply chain efficiency. Quality-focused. Quality is key to logistics effectiveness.

Buyer Training 84

Buyer Training Logistics Network Optimization Software Vendor Strategies Supply Chain Software 84

WorkWave

FEBRUARY 26, 2021

To harness that power in 2021, there must be a well-planned strategy that balances brand building, relationships and engagement, and performance marketing. For example, take a lawn and landscape business that’s offering a fall deal for homeowners who need to grade and seed their lawns. Omnichannel Marketing and Attribution.

Digital 64

Digital Modeling Software Sourcing Strategies Resource Reduction 64

GlobalTranz

JANUARY 17, 2017

Of course, reports Predictive Analytics Times , analytics also possess potential to change how companies obtain the raw materials for their products. For example, the aeronautics’ giant, Lockheed Martin, has embraced augmented reality during the manufacturing and repair processes, explains Industry Week. billion by 2021.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

Freightos

FEBRUARY 16, 2020

The digitization of commerce created a path for giants like Amazon and Alibaba to dominate their respective storefront/fulfillment and sourcing roles in the market. The US-China trade war is another troubling example of how unexpected disruption can impact global trade and SMBs’ ability to compete. . The (Digital) Rise of SMBs.

Supply Chain Software 71

Supply Chain Software Supply Chains Purchasing Skills Manufacturing Procurement 71

The Logistics Academy

SEPTEMBER 28, 2017

Over the course of 2016, real revenue and volume growth in the air and sea freight forwarding markets was remarkably similar globally, but this disguises significant differences across important countries and regions, say analysts who keep a close eye on the market. Digitize or die.

Freight forwarding 56

Freight forwarding Digital Supply Chain Planning Software Freight 56

Automotive Logistics

NOVEMBER 20, 2018

In reaction, automotive manufacturers are having to increase the flexibility and agility of their supply chains – increasing pressure on suppliers and logistics partners to provide more cost-efficiency. Our survey found that 86% of North American manufacturers already use supply chain design software.

Supply Chain Design Software 38

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Modeling Software 38

247 Customs Broker

MAY 8, 2018

“What this research suggests is that while the ultimate goal of digitization has traditionally been internal efficiency, the new wave of digitization is driven by customer-facing technology,” says Buchman. Furthermore, 72% of those forwarders surveyed failed to quote, thereby missing out on digital business. Moving targets.

Freight forwarding 28

Freight forwarding Supply Chain Planning Software Freight Sourcing Strategies 28

Supply Chain Brain

JULY 16, 2018

As part of an annual effort, Accenture surveyed 30 A&D companies, encompassing original equipment manufacturers (OEMs) as well as tier 1 and 2 suppliers. Schmidt cites the example of an electronics supplier that was participating in a classified government procurement program. s Farnborough International Airshow in mid-July.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Design Software Modeling Software Optimization Software 40

GlobalTranz

JANUARY 28, 2016

Additionally, 81 percent of students who participated in Manufacturing Day 2015 who were surveyed showed an increased interest in pursuing a manufacturing career. For example, the Hirschvogel Automotive Group launched a program to teach students the art and skill set of working as a machinist in a die and punch shop .

Manufacturing Procurement 77

Manufacturing Procurement Sourcing Strategies Buyer Training Material Savings 77

Freightos

JULY 11, 2017

For example, there are over 100,000 companies that sell over $100,000 worth of goods annually. Pioneers may lack coverage (for now), according to a Transport Intelligence mystery shopping survey, but this will soon change. Every single year sees more and more small businesses importing. Ecommerce is one reason.

Purchasing Skills 61

Purchasing Skills Price Reduction Cost Reduction Manufacturing Procurement 61

247 Customs Broker

FEBRUARY 1, 2018

A recent series of surveys conducted by a prominent industry think tank indicates that the current state of global logistics is characterized by extreme urgency and the pressure to deliver above and beyond—regardless of mode. In each case, innovation and disruption was regarded as a “double-edged” sword. Technology key to logistics evolution.

Logistics Network Optimization Software 28

Logistics Network Optimization Software Global logistics Supply Chain Planning Software Supply Chain Software 28

Logistics Bureau

AUGUST 27, 2018

Of course, gamification can only be used in processes requiring human input, since it drives performance by way of motivation. Gamification is not just another term for incentivisation, at least not in the same sense as conventional incentivisation strategies. Source: Findings of a 2016 survey conducted by TalentLMS.

Logistics Network Optimization Software 48

Logistics Network Optimization Software Supply Chain Design Software Tips Supply Chain Software 48

GlobalTranz

MARCH 23, 2016

You use a Voice of the Customer (VoC) survey to obtain negatives and positives from your customers. Developing Standard Work is one of the more difficult Lean Six Sigma disciplines; however, if efficiently developed, it should allow virtually anyone to perform the work without any variance in the desired output. What are our pros/cons?

Manufacturing Procurement 54

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Optimal Sourcing 54

Automotive Logistics

APRIL 23, 2018

Aptiv is taking a highly centralised approach to the logistics operation supporting the new division and has made Jeffrey Richards its global director of logistics and supply chain operations, responsible for the sourcing, network design, continuous improvement and emergency logistics for all operating units.

Supply Chain Design Software 43

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 43

Blue Grace Logistics

SEPTEMBER 19, 2019

As it is with most problems there is a lack of a clear and concise definition, according to an MIT study which conducted a survey of the apparel industry only to find wildly different results. Slave labor in the Thai seafood industry and deforestation in Malaysia and Indonesia are ample examples of this.

Definition 48

Definition Supply Chain Design Supply Chains Manufacturing Procurement 48

Logistics Bureau

JANUARY 8, 2019

Source : Logistics Management 2018 Distribution Center Survey. . For example, a WMS is no longer ideal where pockets of automation exist in larger facilities that also retain a dependency on manual processes. New Networks, New Tools, New Strategies.

Supply Chain Design Software 67

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 67

Material Handling and Logistics

OCTOBER 26, 2018

Every year, in our annual MH&L Salary Survey , we ask readers to identify the biggest challenge they face in their jobs, and every year they tell us the same thing: finding, developing and retaining talent. For example, the NIST demonstration shows an assembly operation. Once in, you’ve got to stay the course.

Supply Chain Design Software 89

Supply Chain Design Software Supply Chain Software Inventory Reduction Supply Chain Planning Software 89

247 Customs Broker

APRIL 5, 2018

Gilmore Says… In a great example of the balance in this book, Sheffi notes the actual evidence of consumer preference for Green products is tenuous at best. And it is this supply chain complexity (more on that in a moment) that in part makes crafting sustainability strategies such a challenge in practice.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 28

GlobalTranz

APRIL 4, 2016

Of course, there are other factors affecting the American push towards reshoring and nearshoring. manufacturers' decisions to reassess where they are producing or sourcing. If you want to see an example of offshoring verses reshoring, look no further than the illicit trade markets for name-brand fashion items.

Manufacturing Procurement 53

Manufacturing Procurement Cost Reduction Price Reduction Inventory Reduction 53

The Logistics Academy

JUNE 29, 2017

billion in 2016, according to a BI Global Intelligence survey. Swisslog calls that strategy “prebubbling,” says A.K. Collecting data from sensors to monitor activities in real time is valuable, of course. For example, if a truck hits an object with substantial force, it might send a text or e-mail to a supervisor.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 40

247 Customs Broker

APRIL 3, 2018

As Logistics Management discloses in its annual examination of the Top 25 trucking companies, nearly all of the Top 50 carriers are profitable, some with eye-popping efficiency, such as Old Dominion Freight Line’s (ODFL) industry-leading 82.5 Source: Company reports and SJ Consulting Group estimates. operating ratio for last year.

Trucking 28

Trucking Price Reduction Cost Reduction Expense Reduction 28

Automotive Logistics

JULY 17, 2018

On the plus side, the port authority at Veracruz is now working with carmakers including VW, Nissan, Honda and Mazda on a brand quality project and the port is using an IT platform to improve efficiency through better management of space and the removal of paperwork.

Negotiating Skills 28

Negotiating Skills Logistics Network Optimization Software Negotiate Pricing Handling 28