AIMMS

SEPTEMBER 28, 2020

Insights from Gartner’s Hype Cycle for Supply Chain Strategy, 2020. Gartner’s Hype Cycle for Supply Chain Strategy, 2020 offers some guidance. In the report, you will find capabilities across five categories: technologies, competencies, frameworks, operating model strategies, and organizational models.

Supply Chain Design Software 166

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 166

Globalior

APRIL 20, 2021

Optimizing the supply chain can mean many things and be done in many ways such as improving the picking processes, decreasing the processing time for shipping goods, improving inventory management , and much more. Supply chain optimization can be strategic or operational in nature. Clearly define your logistics strategy.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Software Optimization Software Optimization Modeling 52

Locus

JUNE 23, 2023

So, knowing more about order fulfillment, its importance, process, and strategies is critical. At this stage, businesses check if items are safe and secure and if the inventory levels are accurate and optimized for better space. So there is no fixed rule for selecting the order fulfillment strategy. Let’s fill in!

Inventory Reduction 52

Inventory Reduction Cost Reduction Resource Reduction Vendor Strategies 52

EazyStock

FEBRUARY 17, 2021

Inventory Replenishment Strategies to Boost Profitability. They have well-executed inventory replenishment processes that ensure items are reordered in the right quantities and at the right time to meet actual customer demand. 5 Inventory Replenishment Strategies to Increase Profits. Both can be very costly.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction 75

GlobalTranz

JULY 14, 2021

Transportation management optimization can help, provided shippers know a few things about its value and where to start. Transportation Management Optimization #1: Shipment Pooling. Using a pooling strategy does not increase handling costs as it substitutes pool point costs for an LTL carrier’s terminal distribution costs.

Optimization Modeling 62

Optimization Modeling Optimization Software Optimization Material Savings 62

Logistics Bureau

AUGUST 16, 2021

Integrated networks of “as-a-service” platforms, including analytics engines that predict demand dynamically, can enable businesses to scale autonomously to meet peaks and troughs. Because of the evolving need to provide customers with ever-greater choices and meet their requirements for customisation and personalisation.

Supply Chain Planning Software 101

Supply Chain Planning Software Modeling Software Supply Chain Software Supply Chains 101

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. What is supply chain optimization? .

Optimal Sourcing 62

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

Logistics Viewpoints

FEBRUARY 22, 2022

The role of logistics in modern companies is not only to support corporate strategy but also to enable it. Let’s face it, logistics is always a challenging endeavor, even beyond the latest pandemic disruption, and particularly now as companies struggle to meet sustainability goals.

Data 105

Data Logistics Network Optimization Software Supply Chain Planning Software Cost Reduction 105

Morai Logistics

JUNE 5, 2019

A recent halt in market growth for retail leader Adidas, reminds organizations about the importance to assess their supply chain excellence strategies. However, it asks us to question whether a the right supply chain excellence model is being followed. This means that organizations must continue to meet consumer expectations.

Eliminating Excel in Purchasing 60

Eliminating Excel in Purchasing Supply Chain Software Supply Chains Strategy 60

EazyStock

AUGUST 21, 2020

For businesses that carry non-perishable goods it’s tempting to order and carry surplus stock to help meet market demand and hit order fulfillment targets. There are many financial benefits to introducing stock reduction strategies – in particular focusing on your excess and obsolete items.

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

EazyStock

FEBRUARY 1, 2021

trillion by 2023 , indicating a need for more robust online sales strategies. For businesses to succeed in eCommerce they must ensure they have an effective eCommerce supply chain strategy. Here are ways you can optimize your inventory management practices for eCommerce competitiveness: How to Manage eCommerce Inventory.

Inventory Reduction 52

Inventory Reduction Optimization Software eCommerce Inventory 52

Logistics Viewpoints

FEBRUARY 28, 2022

Alex Pradhan, Product Strategy Leader John Galt Solutions, told me that “all planning vendors have bold marketing around AI.” Lead times, for example, are a critical form of master data for planning purposes. In process industries the supply chain models used for optimization are much more complex than those used in other industries.

Supply Chain Planning Software 170

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

Logistics Viewpoints

APRIL 24, 2023

The supply chain design solution, for example, continues to grow in depth and usability. An example of this electronically automated process flow would be a buyer asking a supplier if they can provide 1,000 widgets on January 10 th , the seller replies “we can do 950 on July 11 th , is that OK?” Coupa meets this definition.

Supply Chain Design Software 121

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 121

Logistics Viewpoints

MARCH 15, 2022

The study revealed the core challenges that inhibit organizations from realizing the full value of Industrial AI are poor industrial data quality and management, internal silos, a lack of collaboration among relevant teams, and a clear strategy around Industrial AI. What Is an Industrial Data Scientist?

Data 132

Data Modeling Software Industry Supply Chain Software 132

EazyStock

JUNE 16, 2022

For example, navigation apps, facial recognition, smart assistants, and even robot vacuum cleaners at home use this smart tech. ML models teach themselves over time by analyzing trends and spotting anomalies and then offering predictive insights. For example, you can adjust the speed and volume of order processing to meet demand.

Supply Chain Software 52

Supply Chain Software Optimization Software Supply Chains Inventory Reduction 52

AIMMS

SEPTEMBER 28, 2020

Insights from Gartner’s Hype Cycle for Supply Chain Strategy, 2020. Gartner’s Hype Cycle for Supply Chain Strategy, 2020 offers some guidance. In the report, you will find capabilities across five categories: technologies, competencies, frameworks, operating model strategies, and organizational models.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 62

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? At that point, each SKU will be taken to any convenient storage location in the warehouse.

Inventory Reduction 87

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 87

EazyStock

FEBRUARY 28, 2022

For years companies have operated a just-in-time (JIT) supply chain model, only ordering stock items when necessary and carrying minimal inventory to reduce carrying costs. Here we explain the benefits and drawbacks of both JIT and JIC inventory management models and help you decide which is right for your business.

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Supply Chain Software 52

Triskele Logistics

MAY 27, 2018

So what is a Shared Distribution Strategy, and how can it help my organization to overcome Supply Chain Challenges? “A A Shared Distribution Strategy, and taking a collaborative approach to your Supply Chain, is an effective way to meet Supply Chain challenges head on.”

Cost Reduction 40

Cost Reduction Distribution Strategy Supply Chain Design Software 40

Locus

MAY 25, 2022

The above statement is spot on, largely because of its subtext: Customers spend their money elsewhere because they are not happy with how companies meet their expectations. Take last-mile deliveries for example. Here are seven key strategies that they have used to make it happen. And how they have been changing! 2021, Statista.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategy 52

Logistics Viewpoints

MAY 6, 2024

A one-number forecast, for example, looks across the range of demand that might emerge in a period and decides to create a forecast that is mid-way between the most and the least demand that is apt to emerge. For example, in a trip to the airport, there is a chain of events that determines whether a person will arrive on time.

Supply Chain Planning Software 131

Supply Chain Planning Software Scenario Planning Supply Chain Design Software Supply Chain Software 131

CLX Logistics

APRIL 6, 2020

The optimization of global supply chain performance isn’t a one-and-done task to be completed in a day. Global supply chain specialists at CLX Logistics for example, use detailed modeling strategies and a wealth of industry experience to continuously optimize the supply chain performance of international and domestic transportation.

Supply Chain Planning Software 47

Supply Chain Planning Software Optimization Modeling Supply Chain Software Supply Chains 47

Logistics Viewpoints

JUNE 22, 2023

An underlying OTIF strategy is essential and it’s critical to consider all aspects of the business and its ecosystem when looking at the cause of issues and how to address them: Expectations with suppliers and 3rd party participants: Set clear expectations, improve communication and resolve any issues that are impacting OTIF.

Supply Chain Software 114

Supply Chain Software Supply Chains Modeling Software Optimization Software 114

SYSPRO Smarter ERP

JUNE 21, 2022

There are many causes, for example, container ships from Asia are now too large to traverse the Panama Canal (20 years ago they were not), so they offload on the West Coast of the United States and are compelled to truck all goods to the East Coast. The AI, for example, should flag any orders that are way beyond the normal demands. .

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Software Supply Chains Optimization Software 105

SYSPRO Smarter ERP

JULY 26, 2022

A fully-integrated ERP solution enables manufacturers to tackle the immense challenges they face by optimizing their business operations, meeting and satisfying customer demands, and increasing factory output without having to add additional headcount to meet these goals.

Modeling Software 105

Modeling Software Optimization Software Vendor Strategies ERP 105

GlobalTranz

APRIL 18, 2016

Alternatively, this model will be applied to enhance the use of store pick up, which has been used extensively by Wal-Mart to create a comprehensive omnichannel environment. Furthermore, this model of e-commerce and omnichannel solutions has enabled Wal-Mart to optimize load consolidation processes and reduce costs across the organization.

Waste Reduction 91

Waste Reduction Cost Reduction Inventory Reduction Resource Reduction 91

Logistics at MPEPS at UPV

MAY 6, 2023

One such example is the concept of warehousing, which, despite having a shared fundamental definition of a place to store goods, takes on nuanced interpretations within different contexts. E-commerce giants like Amazon rely on expansive warehouses meticulously designed to meet the demands of online shopping as a service.

Warehousing 40

Warehousing Digital Optimal Sourcing Inventory Reduction 40

Conger

MARCH 22, 2024

As part of a broader automation strategy that includes IoT devices and smart system integration—AGVs help create truly interconnected facilities capable of unprecedented levels of productivity and adaptability. Exploring Different Types of AGVs Just as cars come in various models to suit different needs, so do automated guided vehicles.

Materials Handling 79

Materials Handling Material Savings Supply Chain Software Cost Reduction 79

FreightWaves SONAR

SEPTEMBER 29, 2023

When planning for the future, industry players should thus use insights from commodity-based modeling. For example, as seen in scenario A1, the global unconstrained demand for air cargo will fall by 14% of pre-crisis volumes in the second quarter of 2020 and will not rebound to 2019 levels until around mid-2022.”

Data 52

Data Inventory Reduction Supply Chain Planning Software Vendor Strategies 52

SYSPRO Smarter ERP

OCTOBER 20, 2021

This would make it almost impossible to identify any trends around things like customer preferences and demands, as well as to define the optimal future direction for your organization from a technology perspective if the organization only produced analogue data. Digital transformation: a strategy.

Digital 133

Digital Factories Supply Chain Planning Software Supply Chain Software 133

Ship Monk

FEBRUARY 24, 2024

For example, ShipMonk customizes logistics services and associated fees to the unique needs of every client. In the previous example, you have the physical weight that extra travel inventory creates in your luggage that you have to lug around. There are many different models and formulas for strategically ordering inventory.

eCommerce 88

eCommerce Inventory Reduction Tips Waste Reduction 88

Conger

MARCH 22, 2024

As part of a broader automation strategy that includes IoT devices and smart system integration—AGVs help create truly interconnected facilities capable of unprecedented levels of productivity and adaptability. Exploring Different Types of AGVs Just as cars come in various models to suit different needs, so do automated guided vehicles.

Materials Handling 75

Materials Handling Material Savings Supply Chain Software Cost Reduction 75

Locus

MAY 25, 2023

Ford Whitman Harris first published the model of Economic Order Quantity in a paper Factory, The Magazine of Management , in 1913. This model became dominant for order-quantity analysis in the study of supply chains. Economic Order Quantity (EOQ) is a model businesses use in their supply chain and logistics operations.

Inventory Reduction 52

Inventory Reduction Cost Reduction Ordering Waste Reduction 52

Logistics Viewpoints

MAY 3, 2022

Supply chain professionals are looking for ways to store goods closer to customers by investing in micro fulfillment centers and to optimize their facilities so orders can be processed faster. We found three key strategies that could serve as a blueprint for other supply chains: Rethink Packaging. Rethink Partnerships. Rethink Process.

Supply Chain Design Software 117

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 117

Logistics Bureau

OCTOBER 9, 2023

In this post, we’re revisiting the topic with a more holistic approach, focusing on six factors that can make the difference between an optimal and suboptimal distribution network design. Indeed, careful attention to data in the preparation stage is indispensable for delivering a simple yet optimal design.

Supply Chain Design Software 90

Supply Chain Design Software Supply Chain Design Distribution Networks 90

Turvo

AUGUST 20, 2021

You must implement a logistics strategy to ensure that you can adapt to the supply chain’s flexibility. A logistics strategy allows you to identify how imminent changes impact the company so that you can make the necessary organizational or functional changes to ensure service levels are not reduced.”

Resource Reduction 52

Resource Reduction Cost Reduction Supply Chain Software Logistics Network Optimization Software 52

GlobalTranz

FEBRUARY 2, 2015

In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Distributors will inbound to a manufacturer the inventory needed and transportation management, especially inbound freight management, efficiency is paramount to an effective vendor managed inventory model. It was a “win-win” partnership.

Vendor Strategies 94

Vendor Strategies Inventory Reduction Modeling Software Inventory 94