Logistics Viewpoints

JANUARY 18, 2024

1) Streamlined Data Flow and Process Automation Is all about AI At the heart of effective supply chain automation lies the seamless flow of data across various sources and digital platforms, akin to a well-constructed highway for data. 2) AI-Infused Data Quality Assurance Ok, we built the proverbial highway.

Supply Chain Software 149

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 149

Logistics Viewpoints

MAY 10, 2022

For example, related to warehouse technology, a recent Lucas Systems industry study found 89% of respondents agreed that implementing artificial intelligence-based software within distribution centers can provide a competitive advantage. Does it require manual data entry? Technology can play an important part.

Vendor Strategies 110

Vendor Strategies Waste Reduction Cost Reduction Optimization Software 110

Logistics Business Magazine

MARCH 24, 2023

The coming together of five organisations with shared visions for the safety and security of global trade will take advantage of unified information and data sources to bring greater awareness and understanding of issues with the goal of producing preventative output.

Groups 54

Groups Resource Reduction Sourcing Strategies Maritime 54

Ship Monk

SEPTEMBER 14, 2023

If you’re not employing a multichannel sales strategy, you’re clearly missing out. But what, exactly is a multichannel sales strategy, and is it worth the investment? Even if a brick-and-mortar store does not have an online sales strategy, it should be using a multichannel marketing strategy. What is a Sales Channel?

Inventory Reduction 64

Inventory Reduction Price Reduction Cost Reduction eCommerce 64

GlobalTranz

NOVEMBER 16, 2016

The amount of information and improvement possible through big data can be overwhelming. Yet the majority of companies have not defined a big data strategy, and others are barely starting to notice. . �. How to Get Started with Your Big Data Strategy. . This is where the explanation of big data begins. .

Resource Reduction 91

Resource Reduction Cost Reduction Supply Chain Planning Software Supply Chain Software 91

Logistics Viewpoints

MAY 13, 2024

Scale drives profitability,” Turner told a group of industry analysts on April 22 nd , the day before the Coupa Inspire user conference began. The public cloud gives Coupa visibility to $6 trillion in transactional data that passes through their platform. “15 The best data makes for the best AI. How much data do you have?

Procurement Solutions 130

Procurement Solutions Modeling Software Procurement Analytics Logistics Network Optimization Software 130

Logistics Viewpoints

JANUARY 31, 2024

Patrick Arnold, a research analyst at ARC Advisory Group, says that suppliers of industrial solutions are responding by investing in new product design and incorporating 5G into their portfolios. “5G” These concerns mean that industrial companies need to carefully consider how to integrate this new technology into their long-term strategies.

Supply Chain Design Software 159

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 159

Shipping and Freight Resource

DECEMBER 9, 2021

Data the “new” gold, is in high demand all over the world and especially now in the shipping and freight industry. But just data alone is not going to assist. Data and its usage must be standardised and there must be a standardised approach to digitalisation. So that Industry Blueprint was quite crucial.

Data 90

Data Supply Chain Planning Software Supply Chain Software Digital 90

Logistics Viewpoints

MAY 22, 2023

At some companies, these relocations involved moving groups of different sizes from different offices with hundreds of possible destinations. The groups themselves were non-homogeneous with people of different ages and interests. First comes the data and how well we understand it.

Supply Chain Design Software 107

Supply Chain Design Software Supply Chain Design Supply Chain Software Modeling Software 107

Turvo

JANUARY 26, 2021

That’s where supply chain data analytics comes into play. What Are Supply Chain Data Analytics and Why Are Supply Chain Leaders Looking to Them. Advanced data recordings and analytics help many leading companies improve their supply chain management teams’ smooth and effective operations.

Supply Chain Design Software 73

Supply Chain Design Software Supply Chain Software Optimization Software Supply Chain Design 73

FreightWaves SONAR

JANUARY 6, 2021

So, what’s the best strategy for building a book of business as a freight broker? Like most all other business activities, there are many different strategies for building your book of business as a freight broker. Here are three of the many strategies to consider when building a freight broker book of business.

Resource Reduction 52

Resource Reduction Strategy Freight Modeling Software 52

CLX Logistics

MAY 15, 2024

In the US, CLX Logistics and a global chemistry company with leading market positions (the Company) have been working together to implement continuous transportation improvement projects— and that program is now expanding to the Company’s European group. Analyzing Data Getting value from raw data can be time-consuming.

Inventory Reduction 59

Inventory Reduction Material Savings Cost Reduction Optimization Software 59

Logistics Viewpoints

FEBRUARY 12, 2024

Patrick Arnold, a research analyst at ARC Advisory Group, says that suppliers of industrial solutions are responding by investing in new product design and incorporating 5G into their portfolios. “5G” These concerns mean that industrial companies need to carefully consider how to integrate this new technology into their long-term strategies.

Supply Chain Design Software 128

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 128

CLX Logistics

MAY 15, 2024

In the US, CLX Logistics and a global chemistry company with leading market positions (the Company) have been working together to implement continuous transportation improvement projects— and that program is now expanding to the Company’s European group. Analyzing Data Getting value from raw data can be time-consuming.

Logistics Network Optimization Software 57

Logistics Network Optimization Software Inventory Reduction Material Savings Cost Reduction 57

Logistics Viewpoints

JUNE 9, 2022

Transparent data prepared especially for your logistics operation will get you easily through your peaks. The result is often a peak sales volume for a specific group of items. The result is often a peak sales volume for a specific group of items. Before the peaks – using data analytics to make the right decisions.

Optimization Software 135

Optimization Software Logistics Network Optimization Software Supply Chain Planning Software Modeling Software 135

Logistics Business Magazine

MAY 15, 2024

The transition to electric vehicles is not just a trend; it is one of the solutions to shift towards sustainable logistics whilst the industry navigates through the transition period, according to Girteka Group. At the core of this project is a simple yet effective strategy: combining BEVs with intermodal rail transportation.

Sourcing Strategies 54

Sourcing Strategies Optimal Sourcing Logistics Network Optimization Software Optimization Software 54

Logistics Viewpoints

JULY 12, 2022

This practice is typically owned by the sales and/or marketing organization, which is why it is so important for transportation and logistics departments to have input into customer service strategies. For example, do all customers need to be serviced equally regardless of size? This is where finance can help.

Cost Reduction 155

Cost Reduction Material Savings Resource Reduction Price Reduction 155

Talking Logistics

APRIL 17, 2018

Again and again, digitization and data were at the heart of panel and networking conversations. Even headline speakers were professing “data got sexy” and data is now a core strategy for companies looking to succeed. Supply Chain Analytics Maturity Model (Source: Hackett Group). Transform Into What?

Supply Chain Design Software 69

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Supply Chain Design 69

Logistics Viewpoints

JANUARY 25, 2024

Instead start with the foundation of your AI strategy, which should be an understanding of your company’s supply chain and your data. Consider a planner in Brazil working with the previous lead time prediction example, who has forgotten how to update the parameters. Because it doesn’t understand, we need humans at the helm.

Supply Chain Planning Software 139

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 139

Freightos

JANUARY 15, 2024

For example, the Freightos Baltic Index indicates a 69% increase to North America’s East Coast and a staggering 226% to Northern Europe since the crisis began. Navigating the Storm: Strategies for SMB Importers in 2024 There is no golden ticket for solving these challenges. and bakes really good cookies.

Negotiating Skills 114

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 114

Freightos

APRIL 25, 2024

Despite the reduced customs costs, both companies are likely shipping by air at a loss—a sustainable strategy for their coffers but one that majorly impacts supply chain organizations reliant on the same volumes. The first is that the loss-leading strategy dramatically impacts U.S. policymakers are concerned for several reasons.

Cost Reduction 87

Cost Reduction Cargo Price Reduction Resource Reduction 87

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. Moving data between systems was complex and laborious. In other words, visibility is an enabler. Lesson learned.

Supply Chain Planning Software 112

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 112

Logistics Viewpoints

FEBRUARY 28, 2022

Alex Pradhan, Product Strategy Leader John Galt Solutions, told me that “all planning vendors have bold marketing around AI.” Planning applications don’t work well if the master data they rely on is not accurate; this is known as the “garbage in, garbage out” problem. Artificial intelligence is beginning to be used to update the data.

Supply Chain Planning Software 170

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 170

Logistics Viewpoints

SEPTEMBER 19, 2023

The bullwhip effect is one example of this disruptive effect, when small changes in demand cause huge demand spikes downstream. Table 1 describes a few examples of these types of risks. Examples of disruptive risks are suppliers going out of business or shipwrecks that result in the loss of cargo containers.

Supply Chain Design Software 139

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 139

Logistics Viewpoints

DECEMBER 2, 2021

Importers will look for near-term strategies to move their shipments away from congested trade lanes or process containers further inland to minimize the impact of lead time variability that has dramatically increased in 2021. Online buying will fuel home delivery growth, challenges and new strategies.

Waste Reduction 187

Waste Reduction Cost Reduction Inventory Reduction Resource Reduction 187

GlobalTranz

NOVEMBER 12, 2015

Today we will go into detail on using the available data created in the processing of shipments within transportation management and other related logistics management for continuous improvement. . 6 Benefits of Using the Right Data in Logistics & Transportation Management for Continuous Improvement. Order Processing Capabilities.

Data 91

Data Vendor Strategies Logistics Network Optimization Software Expense Reduction 91

Logistics Viewpoints

MAY 4, 2021

The Forum had a record number of global attendees and speakers this year who took advantage of this “virtual,” online event to network, collaborate, and share actionable strategies for successful digital transformation. The company’s digital transformation strategy centers around innovation, performance, trust, and culture.

Digital 82

Digital Supply Chain Software Optimization Software Collaboration 82

Ship Monk

FEBRUARY 9, 2024

The process usually includes analyzing historical data for seasonal trends and product performance, as well as gathering current data on competitors, marketplace trends, future marketing plans and promotions. All of them rely on data, whether you’re using historical data or new findings gathered from consumer research.

eCommerce 84

eCommerce Inventory Reduction Operations Modeling Software 84

SYSPRO Smarter ERP

FEBRUARY 22, 2024

Using alphanumeric logic can help you optimize simple picking strategies without having to implement a full-blown warehouse solution or warehouse mapping solution. For example, by stacking containers higher you can make use of vertical space, and mobile shelving units can be useful for seasonal products. Group multiple orders.

Manufacturing Procurement 116

Manufacturing Procurement Inventory Reduction Expense Reduction Waste Reduction 116

Logistics Viewpoints

DECEMBER 7, 2021

Carrier capacity management strategies ease the crunch. Proactive shippers have used multi-carrier parcel shipping technologies and strategies to navigate rising carrier costs for years. Multi-carrier shipping strategies also need rules in place related to delivery time requirements, special conditions (hazmat, refrigeration, etc.),

Price Reduction 115

Price Reduction Cost Reduction Inventory Reduction Capacity 115

Logistics Viewpoints

AUGUST 9, 2022

By integrating order data, load information across modes, yard shipments and the like, internal departments can turn to a single source of the truth and more accurately manage various aspects of the lifecycle.

Inventory Reduction 135

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Inventory 135

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. For example, are you still a minority owned company?

Manufacturing Procurement 131

Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 131

Logistics Viewpoints

APRIL 18, 2022

And a hack does not just mean data is stolen, it could be critical information is held hostage or destroyed. In 2018 it was reported , for example, than an iPhone is assembled by workers at Foxconn’s factory in the Chinese city of Zhengzhou; and made of raw materials and components sourced from 43 nations. Detection and Response.

Supply Chain Planning Software 159

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 159

FreightWaves SONAR

APRIL 29, 2021

That has also increased the pressure on retailers to keep other freight and logistics costs low with more capital and expense being dedicated to the development of new omnichannel strategies. . Using SONAR data in contract negotiations with carriers and 3PLs. . SONAR data can identify tight relationships such as U.S.-bound

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

EazyStock

AUGUST 21, 2020

There are many financial benefits to introducing stock reduction strategies – in particular focusing on your excess and obsolete items. Here we’re going to focus on our favorite top five inventory reduction strategies. So it makes sense to look for ways to reduce inventory and keep levels under control!

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

Logistics Viewpoints

JANUARY 12, 2023

Technology companies have an average of 125 suppliers in their tier-one group and more than 7,000 across all tiers. And so we have to keep pushing on several fronts: Filling the various “data gaps” around the world. Starting with real-time transportation visibility data, not all markets are alike.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

GlobalTranz

FEBRUARY 24, 2015

When you want to drive down your logistics and transportation spend, the very first thing that you need is freight and transportation data. Without hard data, you can’t take action. When enterprises try to act in the absence of data, they are usually guessing and won’t get the results they need. Invest in Technology.

Data 94

Data Transportation Cost Reduction Material Savings 94