Logistics Viewpoints

JUNE 29, 2021

The most effective organizations conduct data maturity modeling and implement best practices around master data management and data federation. Master data management helps ensure uniformity, accuracy and consistency of data, while data federation optimizes it for analysis.

Data 146

Data Supply Chain Design Software Supply Chain Planning Software Digital 146

AIMMS

JULY 15, 2019

When they had a production issue at one of their plants, they were able to quickly simulate the impact of the problem on their volume and EBITDA and decide on the best course of action. The extensively used National Energy Model is just one of them. . Analytics will play an increasingly important role in S&OP .

Supply Chain Planning Software 107

Supply Chain Planning Software Scenario Planning Modeling Software Gartner 107

Conger

JANUARY 17, 2023

Warehouse 5S is a lean management strategy that helps warehouses accomplish a basic objective: making problems visible. The 5 principles/steps in warehouse 5S are: Sort Set (in order) Shine Standardize Sustain The 5S warehouse model is also an abbreviation of the first letters — "S" — that form the 5S model.

Waste Reduction 52

Waste Reduction Inventory Reduction Cost Reduction Resource Reduction 52

Logistics Viewpoints

NOVEMBER 2, 2021

When you can barely see beyond the bow of the ship, when extreme wind and waves threaten to throw you off course – or worse, sink you – it’s understandable that long-term thinking can get chucked overboard like so much extra ballast. I can only imagine what it must be like to be at sea during a major storm.

Supply Chain Planning Software 111

Supply Chain Planning Software Scenario Planning Supply Chain Design Software Modeling Software 111

3PL Links

APRIL 23, 2024

The finest relationships for your business are identified by developing decision models based on multiple criteria and accessing useful data through algorithms. Artificial intelligence is being used by enterprises in the modern day to establish more efficient delivery strategies. This regularity can be provided by AI.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 48

Logistics Viewpoints

FEBRUARY 8, 2022

According to a recent article in Forbes , 48% of consumers today prefer a hybrid shopping model that combines online and in-store components. These digital solutions make it easy, fast and seamless to manage the complexities of all the transportation function’s moving parts and keep the overall supply chain on an optimal course.

Optimal Sourcing 112

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 112

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. Their purpose is to model these changes and help predict the effects of the changes, as well as appropriate responses to these changes. Warehousing KPIs.

Manufacturing Procurement 105

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

GlobalTranz

SEPTEMBER 8, 2017

In the course of operation, the business is exposed at multiple points across its stages of supply chain. The result will enable companies to have a fully modeled network that helps you deal with disruptions in the supply chain, even anticipate them. Define your strategy and be open from the outset.

Supply Chain Software 83

Supply Chain Software Supply Chains Digital Waste Reduction 83

Logistics Bureau

APRIL 3, 2023

But, of course, what those circumstances are is for you to decide. Improve Inventory Management Will your logistics outsourcing strategy include contract warehousing? Without further ado, then, let’s move on so I can fulfil the promise above.

Outsourcing 87

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 87

AIMMS

JULY 15, 2019

When they had a production issue at one of their plants, they were able to quickly simulate the impact of the problem on their volume and EBITDA and decide on the best course of action. The extensively used National Energy Model is just one of them. . Analytics will play an increasingly important role in S&OP .

Supply Chain Planning Software 62

Supply Chain Planning Software Scenario Planning Modeling Software Gartner 62

Ship Monk

JUNE 16, 2021

Grab your favorite pair of sneakers and allow us to run you through six suggested courses of action. Revamp Your Marketing Strategy. Basically, it’s in our nature to adapt to the behavior modeled by others under the assumption that their thoughts and actions are correct. Run a Competitive Analysis. Ready, set, go! #1.

eCommerce 58

eCommerce Inventory Reduction How To After-sales 58

Logistics Bureau

JANUARY 7, 2020

Of course, it is helpful to have some statistics on hand to validate the statement above. Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. What’s wrong with this picture?

Supply Chain Design Software 122

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

Logistics at MPEPS at UPV

FEBRUARY 28, 2019

Doing the research for an Unit Load analysis for products in supermarkets for the logistics course, I came over a really interested, related topic: the product placement in supermarkets. At this level the top sellers are placed, meaning the products that usually are selling themselves very good and are more expensive.

Expense Reduction 40

Expense Reduction Production Price Reduction Unit loads 40

Logistics Bureau

JANUARY 9, 2019

Of course, it is helpful to have some statistics on hand to validate the statement above. Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. Mini Case Study: Walmart.

Supply Chain Design Software 118

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

Logistics Bureau

AUGUST 1, 2022

Often, in our experience, the problem is a human one… It’s not the data, not the process, not the technology, or the strategy, but the people. S&OP is ostensibly a numbers game, of course. Of course, the goal(s) might change over time, such as when existing ones are achieved, but that is fine. The Executive Sponsor.

Supply Chain Planning Software 104

Supply Chain Planning Software Scenario Planning Operations Supply Chain Design Software 104

Blue Grace Logistics

SEPTEMBER 20, 2018

Long Haul (over 800 miles) The long haul runs are also affected by the ELD mandate, of course, but many carriers operating these runs were already in compliance. . Analysis with BlueGrace . All it takes is a hard look at your business model. Almost $32 million worth of fines had been racked up as of Feb. Source: [link].

Capacity 48

Capacity Negotiating Skills Optimal Sourcing Vendor Strategies 48

Logistics Bureau

JULY 18, 2022

As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy.

Inventory Reduction 106

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 106

Supply Chain Brain

MAY 7, 2018

of course, has the potential to affect multiple stages and functions of the supply chain. The analysis ripples through the many stages of a supply chain, each of which can have a major impact on the final price of a product. driven model become so fast and complex that it can’t be understood by its human users? pricing model. “If

Price Reduction 40

Price Reduction Supply Chain Planning Software Modeling Software Supply Chain Software 40

Blue Grace Logistics

JANUARY 18, 2018

Data analysis and predictive modeling are just the beginning of the industry’s new bag of tricks. This change won’t take place overnight of course, but the gradual change will build up to a complete revision of the industry. Warehousing will see some of the biggest investments in robotics over the course of 2018.

Supply Chain Software 48

Supply Chain Software Supply Chain Design Software Supply Chain Planning Software Digital 48

Logistics Bureau

NOVEMBER 16, 2020

You could be particularly numerate, or into analysis. If university study is a little beyond you right now, one of the certification courses might work better for you. Certified in Logistics, Transportation, and Distribution : This course comprises an in-depth study of a wide range of supply chain and logistics topics.

Supply Chain Planning Software 115

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

Logistics Bureau

JANUARY 3, 2018

It’s also the time when I start to think about sharing my thoughts on trends for the coming year , but of course, stop short of trying to make predictions. Ask questions later” approach to multi-channel and omnichannel strategies in their haste to avoid losing sales to ecommerce giants like Amazon.

Supply Chain Design Software 76

Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software Supply Chain Design 76

Bringg

MARCH 24, 2021

Supply chain optimization ensures a smoother process and a more successful business model focusing on efficiency and profit. That being said, it’s also as important to consider competitors’ strategies to respond to demand. . Machine learning automates data analysis as well as analytical model building.

Optimal Sourcing 62

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

Ship Monk

MARCH 28, 2023

While overnight shipping can be a difficult, costly model to uphold, and ground shipping is often not up to par with the quick turnarounds customers crave, 2-day shipping offers great benefits to the average ecommerce business. And you don’t have to just have rules based on distance.

Cost Reduction 52

Cost Reduction Inventory Reduction eCommerce Expense Reduction 52

Logistics Business Magazine

JULY 15, 2019

Along with wider concerns over Brexit, the economy and growing political paralysis, most companies face a whole raft of on-going commercial challenges too, from unpredictable spikes in demand and changing markets, to conversely, shortened contract periods and sudden shifts in business strategy. What type of truck?

Industry 28

Industry Manufacturing Procurement Sourcing Strategies Purchasing Skills 28

GlobalTranz

FEBRUARY 15, 2017

Artificial intelligence also goes back to the increased collection, analysis and application of meaningful data in business. Thus, more investments into artificial intelligence naturally contribute to more investments into the IoT, further propelling the industry forward into a more advanced, smart business model.

Cost Reduction 74

Cost Reduction Modeling Software Optimization Software Price Reduction 74

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’s not a short list, so we’ll set it down here as a summary to help you with plans for analysis.

Supply Chain Design Software 90

Supply Chain Design Software Supply Chain Design Distribution Networks 90

The Logistics Academy

FEBRUARY 13, 2017

Jimmy Chen, Bucknell University: One trend is emphasizing the endless possibility of creating new logistics models. Because market demand keeps changing, students’ understanding of logistics should never be constrained by the common models they read in textbooks. But hard skills must be coupled with soft skills.

Supply Chain Design Software 40

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

247 Customs Broker

APRIL 6, 2018

The trick, of course, is how to make S&OP more effective, and thus more beneficial to managers in the trenches. They also need to consider how to provide insights to S&OP teams about issues like inventory policies, or item/SKU stocking strategies that, when incorporated into plans, set the stage for success.

Supply Chain Planning Software 28

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

Logistics Viewpoints

FEBRUARY 28, 2022

In the course of updating our annual research on the supply chain planning market , I talked to executives across the industry. Alex Pradhan, Product Strategy Leader John Galt Solutions, told me that “all planning vendors have bold marketing around AI.” So, models for heavy process industries often include first principle parameters.

Supply Chain Planning Software 169

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 169

Ship Monk

FEBRUARY 9, 2024

Accurate data forecasting requires accurate data, robust data analysis tools, and people who understand how to use them. Of course, the more data you need and the more sophisticated your methods are, the more expensive demand forecasting becomes.

eCommerce 84

eCommerce Inventory Reduction Operations Modeling Software 84

Freightos

JULY 26, 2018

While freight industry executives likely sighed with relief when an update of Amazon’s logistics.amazon.com page on June 28th turned out to be nothing more than a franchise model for courier delivery services. Team Analysis. The Senior Capability Development Manager will own the company’s import strategy.

Logistics Network Optimization Software 53

Logistics Network Optimization Software Data Supply Chain Planning Software Manufacturing Procurement 53

Logistics Bureau

NOVEMBER 14, 2018

Too much leads to resources being monopolised on gathering tons of data and a subsequent risk of “paralysis by analysis” Cost to Serve (CTS) is an approach that helps you avoid both extremes. Knowing your CTS per product and per customer also lets you better control different commercial strategies.

Purchasing Skills 88

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 88

IoT World Today

MAY 21, 2020

Supply chains will survive COVID-19, of course, but not without interim pain and structural change. Practitioners must develop a data analytics strategy that gives them insight into supply chain aberrations before catastrophe sets in. “If Companies can weigh risks based on multifactor analysis and act on data nearly in real time.

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 145

Logistics Viewpoints

JULY 18, 2022

Products, of course, can be picked up at the branches. This is an important analysis tool for maintaining a well-run supply chain. There is, however, training and a maturity model associated with using this sophisticated tool effectively. Coupa’s maturity model is quite detailed. Across the US, Ferguson has 6.5

Supply Chain Design Software 132

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 132

Logistics Bureau

DECEMBER 19, 2022

Of course, as this is an ultimate guide to product slotting, it would only be fitting to leave you with a statement about the cost benefits if it includes an explanation of how they come about. Therefore, any slotting strategy should focus on minimising such travel. Or a similarly sized reduction in warehouse labour costs ?

Production 92

Production Inventory Reduction Cost Reduction Resource Reduction 92

SYSPRO Smarter ERP

JANUARY 19, 2022

The fundamental problem is that many organizations caught up in this situation are using business models which were already out of date before the pandemic. The supply chain of the future will not use the business models which are currently in place. Align your business and supply chain strategies. The benefits of ERP.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 105

Logistics Bureau

MAY 31, 2021

Unless your company has already invested in the processes and technology to support the addition of online retail logistics to your channel strategy, attaining a single view of your inventory and customers could prove difficult. You will probably find, from your initial analysis, that your cost-to-serve follows the 80/20 rule.

Cost Reduction 117

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 117