Logistics Viewpoints

MARCH 8, 2021

In Belcorp’s case they have four factories located in Colombia, Mexico, Peru, and Ecuador. Production flexibility is limited; none of these factories can make all the company’s 1,500 products. For example, go to the Walmart, turn right, and it is the third house on the left. What factory should make a new product?

Supply Chain Design Software 153

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

Logistics Viewpoints

SEPTEMBER 4, 2023

That factory also aims to rapidly process the raw materials into product. Any shipment moving from Siloam Springs to Bentonville, Arkansas, for example, would be one lane. An RFP is a data intensive exercise. This made the data analysis easier. On the inbound side, it was highly reliant on spreadsheet data.

Procurement Solutions 122

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 122

Logistics Viewpoints

APRIL 3, 2023

Orders can be cancelled, rush orders come in, factory machines go down, port congestion occurs, and so forth. Aera is using data crawlers to crawl across billions of rows of transactional data on a monthly basis. This is combined with data from external sources on weather, logistics lead times, and sustainability performance.

Supply Chain Planning Software 151

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

Logistics Viewpoints

FEBRUARY 28, 2022

Planning applications don’t work well if the master data they rely on is not accurate; this is known as the “garbage in, garbage out” problem. Artificial intelligence is beginning to be used to update the data. Lead times, for example, are a critical form of master data for planning purposes.

Supply Chain Planning Software 169

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

GlobalTranz

NOVEMBER 17, 2016

Supply chain leaders are enthralled with the idea of using big data, but they tend to fail to understand how to disseminate big data in their organization properly. True, they may know how to roll out big data in a single warehouse, or they may have heard their competitors used branded systems for implementing this new technology.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Software Procurement Solutions Supply Chain Design 115

SYSPRO Smarter ERP

FEBRUARY 14, 2024

IoT devices on the factory floor need to be protected; some manufacturers are also installing sensors on products used in a customer’s environment, which can create their own security challenges. Sensor data is often transmitted via a public cloud which cannot be ring-fenced behind the company firewall. Use data encryption efficiently.

Manufacturing Procurement 52

Manufacturing Procurement Security Tips ERP 52

Logistics Business Magazine

NOVEMBER 19, 2020

Forensic profitability analysis for small and global businesses alike is available at a click with today’s supply chain software, as Paul Hamblin discovers. Because we had that, we could cross reference it to the P&L, we could cross-reference it to the billing data. is check that the data is accurate,” Aitken explains. “If

Supply Chain Software 54

Supply Chain Software Logistics Network Optimization Software Factories Data 54

SYSPRO Smarter ERP

FEBRUARY 6, 2023

To determine this, start by knowing what is on your factory floor – digitalization starts from there. Many manufacturers have machines that cannot collect and transmit the data needed to support a digitalization initiative and they will need to be modified or replaced. How can you use all the data effectively and still be efficient?

Digital 52

Digital Manufacturing Procurement ERP Supply Chain Software 52

SYSPRO Smarter ERP

SEPTEMBER 20, 2021

For example, before the pandemic, companies could get by with analog machines, paper-based systems, and disconnected point solutions. Finance and production can’t be working off different data sets. Additionally, if the data from these automated processes are trapped in silos, they won’t be of much use.

Manufacturing Procurement 110

Manufacturing Procurement Optimal Sourcing Optimization Software Digital 110

GoShip Blog

JUNE 16, 2021

With the volume of data entering the supply chain every day, AI computing technology has the potential to shift business trends to encourage revenue. . AI in supply chain and operations can efficiently handle data for analysis and automated functions. Production planning and factory scheduling. Prepare granular data.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 52

Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. The cloud also allows access to Big Data, which greatly improves the platform’s ability to do machine learning. The use cases just keep expanding.

Supply Chain Design Software 121

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

SYSPRO Smarter ERP

JANUARY 19, 2022

For example, one of the main problems with Asian-US trade is that all container ship deliveries are now routed to the West Coast, even though the bulk of America’s manufacturers are based on the East Coast. Use data to improve operations. To assist with the short-term solution, the answer is an extensive data-gathering exercise.

Manufacturing Procurement 105

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

Logistics Viewpoints

JULY 19, 2021

Svend Lassen, head of reporting & data analytics for commercial and supply chain at Tata Steel Europe, explained that there needs to be a clear understanding of how any digital project will improve margins before the project is approved. “We Planners come up with data-proven forecasts on what the market may buy.

Supply Chain Planning Software 158

Supply Chain Planning Software Scenario Planning Negotiating Skills Logistics Network Optimization Software 158

Logistics Viewpoints

FEBRUARY 26, 2024

And the reasons spanned from a global chip shortage, to embargoes, to factory fires, to natural disasters. These are big data platforms that monitor news sources and assorted databases from governments, financial institutions, ESG NGOs, and other sources to detect when a negative event has occurred or may be about to occur.

Supply Chain Planning Software 149

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 149

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 analysis is mostly on point; however, the blame does not lie with Lean.

Supply Chain Planning Software 105

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

WorkWave

FEBRUARY 18, 2021

In the long-run, using more technology can help create more jobs in these trades, as people are needed to help interpret data and create automation tasks. These technologies include: Big data; Augmented and virtual reality; Internet of things; Artificial intelligence. Field service companies can house a lot of data.

Buyer Training 105

Buyer Training Optimization Software Automation Inventory Reduction 105

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. If profits start to decline afterwards, your CTS data can offer valuable information about what changed and how to get back on track.

Purchasing Skills 88

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

GlobalTranz

APRIL 20, 2021

Those factories with essentially zero inventory of critical components were forced to close or drastically scale back. Utilize a TMS That provides real-time data to remain agile. Many companies rely on data that may lag several days. During a crisis, that’s entirely too late. Redesign your network.

Supply Chain Planning Software 115

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

Logistics Business Magazine

NOVEMBER 1, 2021

The Auto-ID solutions, handheld terminals and scanners as well as wearables from DENSO record data from picking to delivery. Additionally, inventory surpluses and shortages in the warehouse can be avoided with RFID and the appropriate mobile data collection devices.

Supply Chain Planning Software 54

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software RFID 54

Forto

JULY 25, 2018

Few topics hold the prestige of logisticians like Big Data. The applications of Big Data in business are numerous. In freight management, Big Data yields opportunities for improvement. The reason behind the application of data is immense. The ways we collect data has evolved too. Why Is Big Data Important?

Supply Chain Planning Software 40

Supply Chain Planning Software Data Optimization Software Optimal Sourcing 40

SYSPRO Smarter ERP

MARCH 21, 2022

SCM solutions provide oversight of materials and products, and their associated data, as they move through the supply chain from supplier to consumer. By gaining access to the data in these processes, businesses are better able to coordinate workflows, improve efficiencies, and ensure that customers get the product they ordered.

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 116

Logistics Business Magazine

JUNE 29, 2020

SICK has established a new web-based platform, SICK IntegrationSpace, to be the home for its growing data-based digital software and services portfolio. The SICK Monitoring Box real-time analysis and condition monitoring tool. The SICK Monitoring Box real-time analysis and condition monitoring tool.

Logistics Network Optimization Software 54

Logistics Network Optimization Software Digital Data Factories 54

GlobalTranz

JULY 14, 2015

Take a look at how the IoT supply chain is changing the landscape in terms of equipment functionality, shipping processes, invoicing and payments, and analysis of trends. For example, a subtle change in hydraulic pressure may still permit the machine to operate. Automated Data Transfers. IoT and Machine Functionality.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

Logistics Bureau

OCTOBER 10, 2022

For example, you can optimise for cost, profit, or service, but not for all of them. The second is when you implement segmentation of the SKUs in your portfolio based on Pareto analysis. For example, inaccurate forecasts typically lead to: Overstocking — a problem that ties up working capital and can lead to inventory obsolescence.

Inventory Reduction 114

Inventory Reduction Inventory Optimization Modeling Optimization Software 114

Blue Grace Logistics

JUNE 17, 2020

It can take years to rebuild factories and get them operating at optimum capacity. For example, according to reports , the 2011 earthquake and Tsunami in Japan had caused grave damage to infrastructure and manufacturing facilities in the country. Even a small breach of data can put your and your customers or business partners at risk.

Supply Chain Planning Software 71

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 71

Trinity Logistics

JUNE 19, 2019

For example, after the 2011 Thai floods, there was a global shortage of computer hard drives that sent consumer prices skyrocketing until factories were able to get back up and running. When the 2011 tsunami struck, several major car manufacturers were forced to shut down production at factories throughout Europe and the U.S.

Supply Chain Planning Software 74

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 74

Blue Grace Logistics

MAY 10, 2021

It can take years to rebuild factories and get them operating at optimum capacity. For example, according to reports , the 2011 earthquake and Tsunami in Japan had caused grave damage to infrastructure and manufacturing facilities in the country. Even a small breach of data can put your and your customers or business partners at risk.

Supply Chain Planning Software 62

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

Logistics Viewpoints

AUGUST 18, 2023

The high stock levels are the result of retailers, wholesalers and manufacturers stockpiling everything from beer to DIY tools, chemicals and clothes as COVID-19 lockdowns snarled supply chains and shut factories. They stocked up again after Russia’s invasion of Ukraine pushed up the price of raw materials such as energy and wheat.

Logistics Network Optimization Software 99

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Inventory Reduction 99

Logistics Business Magazine

DECEMBER 11, 2022

For example, a big-box retailer that started to build out its pickup services, it delivery services, and so on, so that when the world pivoted, and stores were closed, but people still wanted this retailer’s products, it already had all of that investment there. The proliferation of data will change the scope and role of demand forecasting.

Supply Chain Planning Software 55

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 55

Logistics Viewpoints

JUNE 28, 2021

And it is not the “last mile” – the distance between an exit off a highway to a destination site – a factory, warehouse, or store for example. The middle mile is not the “first mile” – the distance traveled between an origin, like a warehouse, and the highway.

Trucking 86

Trucking Logistics Network Optimization Software Cost Reduction Procurement Solutions 86

Blue Grace Logistics

MAY 1, 2019

For example, the shortage of raw material at the factory will affect production. The factory, warehouse, and the retail outlet all incur the cost of storing and managing the inventory until it is required at the next stage in the cycle or sold. The F stands for flexible transport, A is automation, and D is data management.

Inventory Reduction 48

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 48

Logistics Viewpoints

MARCH 21, 2021

We need problem solvers, people that can work with data from a data analytics perspective. At AGCO when there is an allocation of supply decision to be taken, there is just one person communicating with a particular supplier and telling them how the tight supply will be allocated among the AGCO factories.

Supply Chain Planning Software 144

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 144

ShipLilly

JUNE 23, 2021

Cloud computing and big data offer opportunities for many businesses across the globe. There are examples of artificial intelligence being used to achieve these goals. For example, an online movie platform can prepare a recommended list for users based on their profile and previous behavioral patterns.

Optimal Sourcing 87

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 87

Talking Logistics

SEPTEMBER 11, 2017

It is also my go-to example when I try to explain supply chain and logistics to my kids. “Do Why doesn’t the ice cream melt when it gets transported from the factory? Take one of the questions above, for example: Can a single truck deliver multiple types of food products together or do they get delivered via separate trucks?

Optimal Sourcing 62

Optimal Sourcing Optimization Modeling Optimization Software Optimization 62

CH Robinson Logistics

JANUARY 27, 2021

With the Chinese Lunar New Year approaching in late January 2020, global shippers planned to order stock from Chinese suppliers ahead of the celebration as factories and ports would shut down for two weeks. What they didn’t know is that these ports and factories would remain shut down as the safety restrictions of a global pandemic set in.

Supply Chain Planning Software 62

Supply Chain Planning Software Scenario Planning Supply Chain Design Software Inventory Reduction 62

Material Handling and Logistics

NOVEMBER 12, 2018

This is the struggle of our times," said Paul Triolo, head of global technology policy analysis at Eurasia Group in Washington. Those batteries, in turn, are a good example of how hard shifting supply chains will be. One of Omron's Asian smart factories. And there will be lots of collateral damage.". Smirnow said.

Supply Chain Planning Software 122

Supply Chain Planning Software Supply Chain Software Supply Chains Manufacturing Procurement 122

247 Customs Broker

FEBRUARY 28, 2018

Smart machines, flexible factories. The difference between the factories of the future and those of the past, the researchers say, will result from the development of new “cyber-physical systems”, where products, workers and machines exist in a sea of digital data. Real-world examples that show the potential of Industry 4.0

Supply Chain Design Software 28

Supply Chain Design Software Modeling Software Supply Chain Software Logistics Network Optimization Software 28