FreightWaves SONAR

MARCH 4, 2021

All of these challenges potentially create waste in your supply chain. That’s where data analytics comes in.” Gaining in-depth insights and current data about the supply chain, load statuses, and consumer demands can make it easier for enterprise sippers to adjust and plan.

Price Reduction 97

Price Reduction Cost Reduction Expense Reduction Waste Reduction 97

Blue Grace Logistics

AUGUST 12, 2021

How technology can help companies get ETAs based on real-time data. Fleet managers must know the estimated time of arrival to minimize delays, which can cause wasted time and money. And of course, this logic can be applied to any mode of transport. Time and resources are wasted by manually tracking shipments.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Modeling Software Optimization Software 62

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. LMS applications can help with real-time workforce tracking, performance analysis, and scheduling.

Cost Reduction 107

Cost Reduction Purchasing Skills Waste Reduction Material Savings 107

FreightWaves SONAR

FEBRUARY 18, 2021

Many asset-based carriers utilize freight broker and data technology to recruit truck drivers and reel in new talent. And it’s critical to know how carriers can tap data and analytics technology to boost driver morale and attract more talent. . An obvious perk, technology reduces the time wasted on handwritten paperwork.

Waste Reduction 97

Waste Reduction Trucking Freight Optimization Software 97

FreightWaves SONAR

DECEMBER 17, 2020

Predictive analytics are among the most iconic ways freight managers can derive more value and streamline logistics through freight data. But predictive data analytics are only as valuable as the quality, integrity and actionability of data. That’s where the real benefit of predictive data analytics comes into play.

Supply Chain Software 52

Supply Chain Software Supply Chains Waste Reduction Expense Reduction 52

Conger

JANUARY 17, 2023

The 5S model is named for five Japanese terms that capture its core philosophy — waste reduction and improved efficiency. For example, it avoids clutter, needless stock build-ups, tools and products on the way, wasted time looking for parts, and the creation of safety hazards. What Does 5S Stand For?

Waste Reduction 52

Waste Reduction Inventory Reduction Cost Reduction Resource Reduction 52

Bringg

MARCH 24, 2021

When you have a particularly large supply chain network, with multiple third party teams and partners, data can too easily become siloed. And without that data, it’s impossible to have effective decision making. . Real-time communication and data sharing would reduce errors across supply chain handoffs. GlobalTranz ).

Optimal Sourcing 62

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

GlobalTranz

SEPTEMBER 8, 2017

In essence, digital supply chains aim to minimize waste and bring greater profits, whilst being truly efficient system. In such a setup, performance and data security are key, and as such cloud technologies working with Web services to provide efficient collaboration and trade partner visibility. Proper research and analysis.

Supply Chain Software 83

Supply Chain Software Supply Chains Digital Waste Reduction 83

3PL Links

MARCH 21, 2023

It is a procedure that involves controlling a network of connected enterprises that may manage anything from the movement of equipment to data and finances, making it incredibly complex and potentially risky. Of course, it is impossible to totally eliminate this kind of risk.

Supply Chain Planning Software 62

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

Logistics Bureau

AUGUST 7, 2023

Any shortfalls in the system will typically result in overselling, leading to stock-outs , and overstocking , which ties up working capital unnecessarily and can result in wasteful obsolescence issues. Standardise and Digitise The key to managing complexity, of course, is to be organised.

Inventory Reduction 89

Inventory Reduction eCommerce Inventory Procurement Solutions 89

SYSPRO Smarter ERP

NOVEMBER 3, 2021

They are part of the quality management process and require an analysis of the top factors that drive returns to determine where interventions are required in the process. Manufacturers need to set a base level using internal data and then measure the percentage change up or down against time. Warehousing KPIs.

Manufacturing Procurement 105

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

GlobalTranz

APRIL 17, 2017

Automated data capture, analysis, and presentation through dashboards helps you see what is going on in your company. More importantly, people cannot change the data at their discretion. In other words, the information is accurate and data-based, not subjective assessments of managers who want to get in good with the boss.

Supply Chain Software 49

Supply Chain Software Automation Efficiency Inventory Reduction 49

Logistics Bureau

OCTOBER 9, 2023

Quality and Detail of Data and its Analysis In some of our earlier posts, we’ve stressed the importance of simplicity in distribution network design , and we will return to that topic later in this article. It would be folly not to take advantage of data availability and accessibility.

Supply Chain Design Software 90

Supply Chain Design Software Supply Chain Design Distribution Networks 90

Automotive Logistics

JUNE 28, 2018

The German company was set up in 2016 with the explicit mission of improving truck utilisation via the use of advanced data intelligence and a new business model it refers to as the ‘intelligent trucking network’. This, he says, is “not only an enormous waste of money but also a huge burden for the environment”.

Supply Chain Planning Software 42

Supply Chain Planning Software Modeling Software Optimization Software Logistics Network Optimization Software 42

Logistics Bureau

JANUARY 7, 2020

Of course, it is helpful to have some statistics on hand to validate the statement above. As a result, the newly merged company developed a systematic methodology for network design optimisation, based on the following four principles: A continual process of high-powered modelling and network design analysis. Waste in the supply chain.

Supply Chain Design Software 122

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

Logistics Bureau

JANUARY 9, 2019

Of course, it is helpful to have some statistics on hand to validate the statement above. As a result, the newly merged company developed a systematic methodology for network design optimisation, based on the following four principles: A continual process of high-powered modelling and network design analysis. Waste in the supply chain.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 118

Logistics Bureau

MARCH 14, 2018

Now There are Data Warehouses Too. While data warehouses are often considered brainchildren of the IT department, they and their physical counterparts are moving closer together. This optimises shelf space and avoids wasting employee time in extra organisation.

Supply Chain Software 64

Supply Chain Software Warehousing Automation Supply Chain Design Software 64

GlobalTranz

JANUARY 21, 2015

However, all are well worth employing to seek that holy grail of pushing out waste, inefficiency, and most importantly resources (time and money) out of your supply chain. The manufacturer has access to the distributor’s inventory data and is responsible for generating purchase orders. The distributor maintains the inventory plan.

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

Logistics Bureau

OCTOBER 10, 2022

The second is when you implement segmentation of the SKUs in your portfolio based on Pareto analysis. Wasted time spent resolving stock-out situations. To calculate the EOQ of an SKU, you first need the following items of data to hand: The carrying cost per unit for the SKU. 2: Forecast Accuracy. Inadequate liquidity.

Inventory Reduction 114

Inventory Reduction Inventory Optimization Modeling Optimization Software 114

247 Customs Broker

APRIL 5, 2018

And of course most can’t. Of course, consumer brand companies are especially at risk from being tarred with an anti-sustainability brush. Sheffi does note there is some evidence that so-called millennials may be more willing to pay for Green, but the data is preliminary at best.

Supply Chain Planning Software 28

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

247 Customs Broker

APRIL 19, 2018

An off-cited analysis from McKinsey in late 2017, for example, found automation could destroy as many as 73 million US jobs by 2030, about one third of all jobs in the country. The documentation can be useful historical data for any future endeavor. Of course we all need to up our game. .

Supply Chain Planning Software 28

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

GlobalTranz

APRIL 14, 2016

The IoT,” it explains, “comprises an ecosystem that includes things, communication, applications and data analysis.” McKinsey Global Institute simplifies this a little to say the IoT comprises “sensors and actuators connected by networks to computing systems”. Data Storage and Analysis. Data Storage and Analysis.

Supply Chain Design Software 57

Supply Chain Design Software Supply Chain Software Optimization Software Supply Chain Design 57

Logistics Bureau

NOVEMBER 15, 2018

Because rarely do enterprises have such data readily available. In cases where data is piecemeal or nonexistent, the designer must draw from experience to fix assumptions around volumetric estimates. Once the data has been analysed, the designer is ready for equipment selection.

Supply Chain Design Software 94

Supply Chain Design Software Supply Chain Design Distribution Supply Chain Planning Software 94

Logistics Viewpoints

SEPTEMBER 13, 2021

All the disruptions caused by the pandemic, of course, has contributed to this. The operational excellence methodology known as “lean” is centered on preserving value with less work by avoiding waste. Lean speaks of the seven wastes: overproduction, unnecessary transportation, inventory, motion, defects, over processing, and waiting.

Manufacturing Procurement 97

Manufacturing Procurement Supply Chain Design Software Supply Chain Design Supply Chain Software 97

Material Handling and Logistics

OCTOBER 26, 2018

In recent years, firms both large and small have launched new “Data Science” or similarly named groups. As the phenomenon of Big Data has taken hold in the private sector, many firms which as recently as 10 years ago devoted minimal resources to large scale database mining and analytics have reversed course. Blockchain.

Supply Chain Design Software 89

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