Log-hub

NOVEMBER 22, 2023

In this blog post, we will explore the highly effective ABCD Analysis technique for warehouse optimization with its pitfalls and how organizations can leverage their data to implement this strategy successfully based on Log-hubs experience over the last years.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Log-hub

NOVEMBER 22, 2023

In this blog post, we will explore the highly effective ABCD Analysis technique for warehouse optimization with its pitfalls and how organizations can leverage their data to implement this strategy successfully based on Log-hubs experience over the last years.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Log-hub

NOVEMBER 22, 2023

7 min read Maximizing Warehouse Efficiency: Unleashing the Potential of ABCD Analysis In the dynamic world of supply chain management, optimizing warehouse operations has become an indispensable factor for businesses. One of the most powerful tools employed in this endeavor is the ABCD Analysis.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Logistics Viewpoints

JUNE 29, 2021

In a prior post , I wrote about the various ways data is transforming global supply chains. Data is the raw fuel of digital transformation and the linchpin to accelerating industry collaboration, automation, predictive insights and so many more cutting-edge capabilities (including those yet to be invented). So, what is quality data?

Data 146

Data Supply Chain Design Software Supply Chain Planning Software Digital 146

Trinity Logistics

JANUARY 19, 2024

Foundational Model This is where the training/learning takes place, where you’re teaching the AI how to look at things and look at input. Large Language Model (LLM) This model is trained on vast amounts of text, can interpret what you’re asking of it, and can put a response in words that you can understand.

Supply Chain Software 114

Supply Chain Software Logistics Network Optimization Software Modeling Software Supply Chains 114

Logistics Business Magazine

JANUARY 13, 2021

HERE Technologies , a leading location data and technology platform, has unveiled high-fidelity, 3D models of 75 city centers around the world to give software developers the geospatial data needed to build real-world visualizations of cities.

Modeling Software 37

Modeling Software Optimization Modeling Modeling Data 37

FreightWaves SONAR

FEBRUARY 4, 2021

Fortunately, smart data utilization can help reduce deadheading occurrences and make the entire supply chain more profitable. More money going out than is coming in is never a profitable business model. Applied data lowers the risk of over-valuing or under-valuing trucking costs. Think about it. Download the White Paper.

Waste Reduction 98

Waste Reduction Data Expense Reduction Cost Reduction 98

Logistics Viewpoints

FEBRUARY 8, 2024

Traditional slotting solutions require customized models, extensive engineering, measurement, and data collection. Newer, more dynamic slotting models use AI to eliminate the need for manual engineering and measurement. Better still, the model adapts to your DC and evolves as conditions change, providing continuous optimization.

Optimization Software 144

Optimization Software Modeling Software Efficiency Inventory Reduction 144

FreightWaves SONAR

MARCH 9, 2021

Data for data’s sake lacks value, especially in the view of the supply chain. And across the market, submitted data becomes rapidly outdated. And in some industries, outdated data can have disastrous consequences. For instance, take the value added by more accurate data in the health industry.

Data 98

Data Reliability Supply Chain Planning Software Trucking 98

EazyStock

AUGUST 28, 2023

In the rapidly evolving business landscape, staying ahead of the competition requires more than just good instincts – it demands data-driven decision making. When it comes to inventory management, relying on gut feelings and historical data may lead to inefficiencies, missed opportunities and incorrect inventory levels.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

Log-hub

JULY 25, 2023

Explore our groundbreaking approach that leverages Data Analytics and AI to revolutionize demand forecasting. The conventional approach of using standard forecasting models often falls short, as it fails to consider various critical factors that influence demand. Our solution involves: 1.

Data 40

Data Supply Chain Planning Software Supply Chain Software Modeling Software 40

The Logistics of Logistics

OCTOBER 27, 2023

Through the utilization of advanced machine learning techniques and big data, Greenscreens.ai Their platform not only provides highly accurate buy rates but also offers sell price suggestions based on comprehensive data analysis. Its network has aggregated and anonymized transactional load data over $20B and growing.

Logistics Network Optimization Software 421

Logistics Network Optimization Software Supply Chain Design Software Modeling Software Price Reduction 421

Camelot 3PL Software

SEPTEMBER 21, 2023

The ability to extract meaningful insights from data is crucial. This is where data analytics and reporting come into play, offering a comprehensive understanding of operations and paving the way for strategic decision-making. The first level of data analytics in a 3PL warehouse involves understanding “What happened?”

3PL 52

3PL Data Optimization Software Modeling Software 52

Locus

OCTOBER 5, 2021

With the supply chains of all businesses going through a transformational shift, it is important for them to make tough decisions concerning logistics models. After the pandemic hit, flexible logistics models helped businesses to easily penetrate into dense urban markets at economical costs. What is fixed logistics?

Modeling Software 52

Modeling Software Optimization Modeling Modeling Supply Chain Planning Software 52

FreightWaves SONAR

JULY 10, 2023

Businesses are prioritizing the speed of data propagation within their supply chains. According to Gold, NRF members have made significant investments in data analysis to improve their ability to predict consumer demand to prevent bloated inventory levels that many large retailers experienced around this time in 2022.

Data 52

Data Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 52

Logistics at MPEPS at UPV

APRIL 26, 2022

The exponential impact of e-commerce on traditional, brick-and-mortar retailers, is one good example of how the data-driven revolution is sweeping many sectors of the economy and business operations nowadays. Two major challenges might be limiting big data to fully impacting the supply chain. UPS success case.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Data 52

Logistics Business Magazine

FEBRUARY 7, 2023

VisionTrack, a leading AI video telematics and connected fleet data specialist, is transforming commercial fleet safety with the launch of a sophisticated AI-powered post-analysis solution. VisionTrack is a leading global provider of AI video telematics and connected vehicle data.

Video 41

Video Analysis Cost Reduction Modeling Software 41

The Logistics of Logistics

JULY 31, 2023

Heard Media’s Custom Content Growth Model consists of three phases: Clarify, Create, and Convert. They offer a Custom Content Growth Model that includes strategies such as brand and content strategy, audience research, competitive analysis, and digital content roadmap.

Supply Chain Design Software 281

Supply Chain Design Software Logistics Network Optimization Software Modeling Software Cost Reduction 281

Logistics at MPEPS at UPV

MAY 2, 2023

However, these smaller enterprises can leverage their agility and flexibility to adapt to new trends and technologies in supply chain management, such as adopting cloud-based solutions and implementing real-time data analytics (Prajogo & Olhager, 2022). Business models for the sharing economy: Opportunities and challenges.

Supply Chain Software 52

Supply Chain Software Supply Chains Analysis Logistics Network Optimization Software 52

Logistics Viewpoints

APRIL 11, 2023

Limitations in modeling the real world Over the years products, consumers and markets have grown complex and this trend was accelerated by COVID-19 in terms how and where customers want to interact with brands and products. Capabilities you should be looking to real world data modeling.

Supply Chain Planning Software 122

Supply Chain Planning Software Scenario Planning Supply Chain Design Software Modeling Software 122

Shipchain

MARCH 10, 2020

But dedicated managers have found a solution to help improve this part of delivery: data. Data is generated in all parts of last-mile delivery, and analysis of this information can help companies become proactive rather than reactive with their delivery methods. Benefits of Data for Last-Mile Delivery.

Data 62

Data Optimization Software Modeling Software Logistics Network Optimization Software 62

SYSPRO Smarter ERP

MAY 10, 2023

Machine learning refers to the concept that computer programmes can make use of algorithms to automatically learn from and adapt to new data without being assisted by humans. On the other hand, machine learning algorithms are automatically updated with new data and continuously retrain their models.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Modeling Software Modeling 98

Logistics Business Magazine

MARCH 19, 2024

UK-based robotics and data intelligence company Dexory is introducing a first of its kind, AI-powered logistics engine to help warehouses maximize operational efficiency, optimize inventory management, and enhance the overall warehouse agility and responsiveness.

Optimization Software 55

Optimization Software Supply Chain Design Software Supply Chain Planning Software Modeling Software 55

FreightWaves SONAR

SEPTEMBER 29, 2023

The COVID-19 crisis unveiled major issues within global supply chains and, as we have seen with SONAR freight data, volatility in the market. For those that make the right applications of freight data, the massive problems created by the pandemic could have been more easily mitigated.

Data 52

Data Inventory Reduction Supply Chain Planning Software Vendor Strategies 52

FreightWaves SONAR

MARCH 9, 2021

Additionally, the shipping model usually focuses on the transfers of goods that come in on ships to other storage areas or to other shipping locations for the next leg of the trip. H aving access to real-time freight data and being able to make good use of it is essential for global trade and maritime shipping. Request a SONAR Demo.

Supply Chain Planning Software 98

Supply Chain Planning Software Scenario Planning Data Optimal Sourcing 98

Logistics Viewpoints

APRIL 4, 2024

Data Normalization & Removing Bias Data normalization in the context of forecasting is the process of going from actualized sales, which may be biased by various factors such as weather or inventory availability, to an understanding of baseline demand that is stripped of the impacts of these demand drivers.

Scenario Planning 137

Scenario Planning Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 137

EazyStock

JUNE 18, 2019

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

Analysis 51

Analysis Inventory Reduction Inventory Procurement Solutions 51

The Logistics of Logistics

MAY 9, 2022

Mode optimization has traditionally been promised, but not delivered because the analysis was completed by people who didn’t have the data or tools. Data insights that enable shippers to learn from not just their own data and insights — but from each other.

Optimization Software 195

Optimization Software Freight Modeling Software Price Reduction 195

Logistics Viewpoints

JUNE 8, 2023

Various factors, including industry, region, transaction amount, delivery model, customization, support, and modules purchased, all contribute to determining the cost to your business. This article explores different pricing models and the integration process, highlighting key considerations and potential challenges.

Modeling Software 122

Modeling Software Optimization Software Supply Chain Design Software Logistics Network Optimization Software 122

Logistics Viewpoints

APRIL 5, 2023

ARC Advisory Group, where I work, publishes an analysis of the 25 manufacturers with the most mature digital transformations. This survey-based research gathers quantitative data as well as information on practices or performance drivers. From a maturity standpoint, the majority of respondents are digitizing data and processes.

Digital 147

Digital Supply Chain Software Supply Chain Design Software Logistics Network Optimization Software 147

EazyStock

JANUARY 31, 2022

Inventory Management KPIs for Effective Inventory Analysis. But with a wealth of inventory KPIs available to choose from to include in your inventory analysis methods, which ones are the most important to ensure you’re on the right track to optimum efficiency? Managing inventory is a complex business. Inventory turnover ratio.

Inventory Reduction 52

Inventory Reduction Inventory Analysis Optimization Software 52

Talking Logistics

APRIL 17, 2018

Again and again, digitization and data were at the heart of panel and networking conversations. Even headline speakers were professing “data got sexy” and data is now a core strategy for companies looking to succeed. Supply Chain Analytics Maturity Model (Source: Hackett Group).

Supply Chain Design Software 69

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Supply Chain Design 69

Logistics Viewpoints

DECEMBER 4, 2023

In transportation, digital freight procurement and asset tracking & data mining are in broad use. Around 80% of LSPs and 68% of shippers cited the cost/ROI analysis as the biggest challenge for transportation transformations. These cutting-edge solutions are at a much earlier stage of development.

Modeling Software 135

Modeling Software Optimization Software Logistics Network Optimization Software Optimal Sourcing 135

EazyStock

JUNE 18, 2019

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

Analysis 40

Analysis Inventory Reduction Inventory Procurement Solutions 40

The Logistics of Logistics

JULY 2, 2021

Mode optimization has traditionally been promised, but not delivered because the analysis was completed by people who didn’t have the data or tools. Data insights that enable shippers to learn from not just their own data and insights — but from each other.

Freight 195

Freight Optimization Software Price Reduction Modeling Software 195

Stord

APRIL 24, 2024

Specific industries measure specific KPIs, and AI is an easy way to pull data in and get real, usable and actionable metrics back. Brands typically have data on consumer and market "signals" relevant to forecasting; However, many lack the ability or tools to understand how these "signals'' affect demand.

Supply Chain Planning Software 88

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimization Software 88

Logistics Problem Solving

APRIL 5, 2018

The difference between systems integration and a solution that integrates data is the most misunderstood concept in the market today. Companies sometimes think that systems integration is the same as data integration. Data Integration Offers More Value than Systems Integration. Data Integration vs. Data Aggregation.

Data 48

Data Tracking and Tracing Modeling Software Scenario Planning 48