Logistics Viewpoints

APRIL 22, 2024

Georgia-Pacific (GP) has demonstrated an application of Causal AI to dramatically improve touchless commerce. More importantly, we needed to capture the knowledge of our subject matter experts on how to make all of that happen.” It learned how to solve problems from the people who solve those problems every hour of every day.

Optimal Sourcing 135

Optimal Sourcing Supply Chain Planning Software Modeling Software Optimization Software 135

AIMMS

NOVEMBER 12, 2015

Source: Oliver Wight. Optimization is a form of advanced analytics that helps you solve complex decision problems that involve conflicting objectives and constraints, enabling you to make the best use of your business’ limited resources. You can do all of this and more with an optimization technology.

Optimal Sourcing 70

Optimal Sourcing Optimization Modeling Optimization Software Modeling Software 70

FreightWaves SONAR

MARCH 15, 2021

Supply chain professionals responsible for transportation procurement at Fortune 500 companies focus on three things – budget forecast accuracy, service scores and primary tender acceptance. harder to procure capacity at the benchmark rate per mile ) in both the outbound and inbound directions.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

3PL Links

DECEMBER 3, 2023

Predictive Analysis in Logistics and Supply Chain: How to Apply | Image source: Pexels In logistics, predictive analysis is simply the process of identifying and forecasting patterns, trends, and behaviors in both human and machine learning approaches, data, and algorithms. How predictive analytics works in logistics?

Supply Chain Planning Software 48

Supply Chain Planning Software Optimal Sourcing Analysis Supply Chain Software 48

Blue Grace Logistics

JULY 24, 2018

The term “optimization” is thrown around often in the logistics landscape. It’s true, optimization is an indispensable part of a well-run business model. While the decision is sometimes considered arbitrary, in order to optimize your operation, i.e. lower cost and maximize profit, it is crucial to consider the following factors. .

Optimal Sourcing 48

Optimal Sourcing Negotiating Skills Cost Reduction Supply Chain Design Software 48

Logistics Business Magazine

AUGUST 31, 2023

Freight procurement processes have always been noted for their high levels of complexity which increases exponentially during peak shipping season. This article by SHIPSTA addresses six of the most common challenges that can surface in peak shipping season, while providing solutions on how to best address them.

Optimal Sourcing 54

Optimal Sourcing Negotiating Skills Sourcing Strategies How To 54

Logistics Viewpoints

NOVEMBER 8, 2023

Companies can begin to offset their carbon footprint by taking a deeper look at their supply chain, including product packaging, energy efficiency, alternative fuels, route optimization, and returns and recycling programs. However, supply chain sustainability can go well beyond these initiatives.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Software Sourcing Strategies Optimization Software 130

CLX Logistics

MAY 3, 2024

By strategically investing in digital technologies, diversifying supplier networks, and leveraging third-party logistics providers (3PLs), chemical companies can proactively optimize their supply chains to navigate disruptions effectively and maintain a competitive edge in the market.

Material Savings 77

Material Savings Resource Reduction Cost Reduction Sourcing Strategies 77

SYSPRO Smarter ERP

NOVEMBER 30, 2021

Yet, due to inadequate physical and digital infrastructure, many manufacturers lacked the flexibility they needed to take advantage of accelerated demand and were unable to optimize fulfillment. Manufacturers can use forecasting to support inventory optimization. Legacy systems:? Stay Agile, Get Ahead.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Manufacturing Procurement 105

Blue Grace Logistics

OCTOBER 7, 2021

The shipping industry must use technology and digitization to optimize operations and achieve their sustainability goals. . What’s in this article: How to gain sustainability through digitalization and technology. Through warehouse management software and data streamlining, processes can be automated and optimized. .

Waste Reduction 62

Waste Reduction Optimal Sourcing Meeting Supply Chain Planning Software 62

AIMMS

MARCH 30, 2020

The examples below show you how to do this in AIMMS SC Navigator Apps, but we encourage you to study these scenarios in the tools you have at your disposal. . There is a strategic incentive in understanding the optimal sourcing location for specific customers, and the optimal sourcing location for different resources.

Supply Chain Design Software 139

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

Ship Monk

AUGUST 30, 2023

If you’re on the low end of this scale, there’s room for improvement. Today we’re going to look at how to calculate ecommerce conversion rates, identify some things that may be turning customers away, and what you can do to improve conversion rates. What is an Ecommerce Conversion Rate? Where Should You Start?

eCommerce 52

eCommerce How To Procurement Analytics Purchasing Skills 52

EazyStock

FEBRUARY 7, 2020

In this post we’re exploring how to manage inventory effectively when you’re faced with a growing product portfolio. Reducing stock levels to carry more lines (without accurate forecasting and inventory optimization tools) can lead to stockouts and expensive backorders or rush orders from suppliers.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

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 do we manage to make the amount of available information user-friendly and useable in a reasonable way in order to avoid information overload?

Supply Chain Design Software 60

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

SYSPRO Smarter ERP

JUNE 6, 2022

Since 2000, businesses have implemented programs such as just-in-time (JIT) inventory and lean operations to improve profitability. This involves: identifying what the critical components are; ensuring that these components can be sourced from multiple suppliers. Companies should now focus on risk management when it comes to inventory.

Inventory Reduction 119

Inventory Reduction ERP Inventory Optimal Sourcing 119

GoShip Blog

MAY 26, 2022

As a small business owner, improving your brand’s sustainability holds incredible benefits for the environment and your bottom line. Learn About How Your Supplies are Sourced. The first step towards lowering your small business’s carbon footprint is to learn about your supply sources and verify whether they are eco-friendly.

Waste Reduction 52

Waste Reduction Optimal Sourcing Material Savings Cost Reduction 52

Material Handling and Logistics

DECEMBER 14, 2018

Learn how to organize your data operations in alignment with supply chain strategy. Forward-thinking supply chain professionals are looking to advanced technologies to streamline processes, improve accuracy, accelerate delivery and reduce costs. It arrives from an array of sources, and it is presented in a variety of formats.

Supply Chain Software 166

Supply Chain Software Optimal Sourcing Supply Chains Sourcing Strategies 166

Logistics Viewpoints

JUNE 7, 2021

When companies implement a demand management or replenishment system, the goal is usually to improve customer satisfaction while holding less inventory. The implementation also involves leveraging weather data to improve forecasting. The bulk business also involves filling the tanks of businesses that use propane as an energy source.

Optimal Sourcing 100

Optimal Sourcing Transportation Inventory Reduction Supply Chain Planning Software 100

Logistics Viewpoints

SEPTEMBER 7, 2022

Within this discipline, one of the toughest challenges is how to get visibility to problems arising across the extended supply network. Becton Dickinson (BD) has been on a journey to improve visibility into their extended supply chain. The company had access to huge amounts of trade data, for example. But I was skeptical.

Supply Chain Software 123

Supply Chain Software Supply Chains Optimal Sourcing Procurement Solutions 123

Logistics Viewpoints

APRIL 3, 2023

This is combined with data from external sources on weather, logistics lead times, and sustainability performance. They are designed to have minimal impact on the performance of the underlying source systems. Allocation is a good example of this. Aera Technology is showing me how mistaken I was.

Supply Chain Planning Software 151

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 151

Logistics Bureau

NOVEMBER 14, 2018

If you have not yet tackled the question of ethics in procurement, now is a great time to start. It does not matter whether you are a procurement professional, internal customer, external customer, senior executive, or supplier. Procurement is what sets entire supply chains and their organisations in motion.

Procurement Analytics 75

Procurement Analytics Optimal Sourcing Procurement Solutions Procurement 75

Trinity Logistics

SEPTEMBER 16, 2021

Before we jump into how to reduce your transportation costs, it’s essential to understand what factors are causing them to rise. There are several ways to reduce transportation costs while also improving your logistics. USE ANALYTICS TO IMPROVE OPERATIONS. Are you taking the proper steps to do so? WHY COSTS ARE RISING.

Cost Reduction 76

Cost Reduction Expense Reduction Price Reduction Vendor Strategies 76

Conger

DECEMBER 13, 2022

Improve Internal Communication. Improve External Communication. When switching suppliers, use a sourcing solution so that you avoid inventory deficits and get back up and running with the new supplier quickly. Improve Internal Communication. Improve External Communication. Let's dive in! Table of Contents.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Vendor Strategies Waste Reduction 52

Logistics Business Magazine

APRIL 19, 2024

Here are five tips that business decision makers should consider when looking to improving cyber resilience: 1. The SolarWinds hack of 2020 is a prime example of this. Whilst this can improve efficiencies, it can also open prime points of attack for hackers.

Logistics Network Optimization Software 63

Logistics Network Optimization Software Supply Chain Software How To Modeling Software 63

Trinity Logistics

NOVEMBER 30, 2021

Particularly, sourcing your TMS through a 3PL provider can have some major benefits, especially for small- to medium-sized businesses. Order planning This will help you with routing, optimizing your delivery processes, integrating your delivery data, and getting a granular view of all transportation stages. CUSTOMIZABLE SOLUTIONS.

Supply Chain Design Software 88

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Optimization Software 88

3PL Links

OCTOBER 30, 2023

Revolutionizing Retail: The Power of Micro-Fulfillment Centers | Image source: Pexels With all of the changes and technical improvements in logistics, particularly in the e-commerce and retail industries, there has been a need to adjust standards, demonstrating the necessity to think outside the confines of a distribution center or warehouse.

Optimal Sourcing 48

Optimal Sourcing Cost Reduction Sourcing Strategies Supply Chain Software 48

SYSPRO Smarter ERP

MARCH 28, 2024

Decision-making framework The recommended way to start moving towards data-driven decisions is to compile a data catalog to understand the data landscape, and to then decide on what data can improve your decision making capability. Optimizing warehouse layout for better picking and storage efficiency. Machine performance and downtime.

Manufacturing Procurement 52

Manufacturing Procurement Data Supply Chain Planning Software Optimal Sourcing 52

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

AIMMS

MARCH 2, 2021

Districon is a consulting company that brings the power of optimization and analytics closer to supply chain processes. What is S&OE and what does it entail to develop a companion app with optimization capabilities? S&OE is all about how reality compares to the S&OP plan. Integrations are developed in a custom way.

Optimal Sourcing 83

Optimal Sourcing AIMMS Supply Chain Planning Software Modeling Software 83

SYSPRO Smarter ERP

SEPTEMBER 6, 2022

A practical way that manufacturers can do so is firstly through using data in more comprehensive ways and secondly by embracing digitization to optimize their operations for the future. Optimizing the use of data for manufacturers. Insight into where operational improvements could be made. Internet of everything.

Manufacturing Procurement 111

Manufacturing Procurement Factories Optimal Sourcing Supply Chain Software 111

Logistics Viewpoints

MARCH 8, 2021

Mr. Frasquet is the executive director of corporate procurement, although his responsibilities include a much broader set of supply chain responsibilities than just sourcing. For example, go to the Walmart, turn right, and it is the third house on the left. How will total landed costs be impacted by adding a new supplier?

Supply Chain Design Software 153

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Supply Chain Software 153

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. Understand where cargo can be consolidated to increase cost savings.

Optimal Sourcing 62

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

GlobalTranz

APRIL 20, 2021

A resilient supply chain incorporates alternative sources, carriers, routes, and other characteristics so that it can flex in response to a situation. To increase resiliency, consider broadening the supplier base and adding local or near-shore sources. Pricing may vary significantly based on carriers and lanes and capacity constraints.

Supply Chain Planning Software 115

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

Transporeon

APRIL 17, 2017

More and more shippers are calling for bids on their transportation and logistics contracts using an e-sourcing method, which helps save almost 19% on freight expenses while also making bidding processes 30% more efficient. Here’s how to keep the digital process going. Who manages the contracts when calling for bids?

Optimal Sourcing 48

Optimal Sourcing Sourcing Strategies Sourcing Digital 48

Logistics Viewpoints

MAY 18, 2022

It began with the sourcing, manufacturing, and distribution of necessities for life. Right now, we are looking for a giant breakthrough, giving examples such as the emergence of Google and FaceTime. combines heuristics, optimization, and machine learning. Sicard made another statement that really stuck with me as well.

Supply Chain Planning Software 101

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Optimization Software 101

Blue Grace Logistics

MARCH 17, 2022

How to help manage overall transportation costs. How high diesel prices may change future freight procurement strategies. One turnkey approach to managing costs in volatile markets can be to focus on reducing costs where you do have control: Sourcing strategies. Optimize Your Shipments. Modal Optimization.

Cost Reduction 62

Cost Reduction Price Reduction Expense Reduction Waste Reduction 62

SYSPRO Smarter ERP

MARCH 29, 2022

.” World Economic Forum – The Fourth Industrial Revolution: what it means, how to respond. This will result in increasing automation, improving communication, and much greater availability of real-time information upon which decisions can be made.

Manufacturing Procurement 116

Manufacturing Procurement ERP Digital Modeling Software 116