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6 Critical Success Factors in Distribution Network Design

Logistics Bureau

If you’ve followed our blog over the years, you’ll know that we’ve shared lots of information about distribution network design, why it’s vital to get it right, how long it should take, the importance of reviewing the network every so often, and various elements of design such as determining the number of warehouses and where to locate them.

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Leveraging Data-Driven Decision-Making Tech

Logistics Business Magazine

ORTEC uses data-driven analytics to create supply chain visibility and help solve everyday challenges for staying on target, improving the customer experience, and meeting business goals. Performance analysis compares planned versus actual results to support continuous improvement and to reduce cost to serve.

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Cost to Serve Analysis—And the Costs of Neglecting It

Logistics Bureau

Have you conducted a cost-to-serve (CTS) analysis for your enterprise? And that is the sole purpose of cost-to-serve analysis. If you were going to say, “What is a cost-to-serve analysis?” Only a complete cost-to-serve analysis will expose these underlying issues unless they happen to be discovered incidentally.

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Predictive Analysis in Logistics and Supply Chain: How to Apply

3PL Links

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.

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Why it may be time to upgrade your ERP system

SYSPRO Smarter ERP

In today’s digitalized world, manufacturers must keep pace with the rapidly evolving technology landscape to remain competitive, agile, and to protect their electronic assets such as data. To shed light on the importance of upgrading ERP systems, we present five compelling benefits and advantages of doing it sooner rather than later.

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Key IT Advances Shaping Vehicle Logistics

Logistics Business Magazine

With a detailed analysis of current challenges, including capacity constraints and the need for greater operational efficiency and transparency, this report is grounded in insights from 106 industry professionals. Key Findings from the Report 1. Just 11% are completely satisfied with their vehicle logistics software.

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The Importance of Clear Data When Planning for Your Business’s Success

WorkWave

In the grand scheme of things, data analysis falls into the categories of descriptive, predictive, and prescriptive. While descriptive data presents existing figures, predictive data allows you to draw insights from trends in your descriptive data in order to make an educated guess about what might happen next.

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