MTS Logistics

OCTOBER 12, 2022

MTS Logistics recently held an educational environmental training and cleanup event on the beach in Izmir, Turkey. We equipped every event participant – young and old – on how to be the change they want to bring to the world, and how to actually perform the steps needed to make a difference. We had a lot of fun.

Training 77

Training Logistics Network Optimization Software Events Supply Chain Software 77

Logistics Viewpoints

MAY 11, 2023

The concept of digital twins has emerged as a powerful foundational tool to drive improvements in warehouse productivity and efficiency. For example, they can test the effect of increasing or decreasing safety stock levels or changing the replenishment frequency of certain products. come with any of them.

Optimization Software 142

Optimization Software Supply Chain Design Software Modeling Software Digital 142

Logistics Viewpoints

FEBRUARY 16, 2021

According to the Global Supply Chain Disruption and Future Strategies Survey Report, this goal was the top-ranked planned tool investment. This example illustrates why supply chain visibility isn’t enough. Scenario analysis allows you to weigh alternatives by calculating the effects of possible changes.

Supply Chain Planning Software 170

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 170

CLX Logistics

JULY 26, 2021

Let’s look at the facts – the percentage of supply chain managers using new analytics tools and services to develop better bidding strategies has increased from 17% in 2017 to more than 30% in 2020. The tools listed below will help you navigate all these challenges to achieve the best rates possible without compromising speed or service.

Material Savings 40

Material Savings Sourcing Strategies Cost Reduction Inventory Reduction 40

Parade

MARCH 18, 2021

In this post, we explore truckload pricing tools as an important part of every digital freight brokerage’s operations. Able to track freight and carrier rates in real-time, truckload pricing tools make it possible for you to set competitive rates for all types of freight -- be it dry-van, refrigerated, or flatbed. Freightwaves SONAR.

Negotiating Skills 78

Negotiating Skills Price Reduction Tools Cost Reduction 78

Parade

MARCH 18, 2021

In this post, we explore truckload pricing tools as an important part of every digital freight brokerage’s operations. Able to track freight and carrier rates in real-time, truckload pricing tools make it possible for you to set competitive rates for all types of freight -- be it dry-van, refrigerated, or flatbed. Freightwaves SONAR.

Negotiating Skills 78

Negotiating Skills Price Reduction Tools Cost Reduction 78

Parade

MARCH 18, 2021

In this post, we explore truckload pricing tools as an important part of every digital freight brokerage’s operations. Able to track freight and carrier rates in real-time, truckload pricing tools make it possible for you to set competitive rates for all types of freight -- be it dry-van, refrigerated, or flatbed. Freightwaves SONAR.

Negotiating Skills 78

Negotiating Skills Price Reduction Tools Cost Reduction 78

AIMMS

FEBRUARY 26, 2020

While this creates tremendous value , it also br ings the inevitable risk that certain event s can have far-reaching consequences that influence supply chain s more than ever before. Let’s explore some example s. . Most often , these events force demand and resource usage to fluctuate.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Design Software Scenario Planning Supply Chain Software 62

Logistics Bureau

APRIL 4, 2022

Here is an overview of the most valuable benefits: More informed freight spending: Because freight benchmarking involves the analysis of carriers and the rates paid by companies using them, it gives you an evolving picture of clarity about your freight spending. The Pros and Cons of Procuring a Benchmarking Tool.

Negotiating Skills 82

Negotiating Skills Purchasing Skills Logistics Network Optimization Software Supply Chain Planning Software 82

3PL Links

DECEMBER 28, 2023

As the name implies, trend research looks to forecast future events mostly based on consumer behavior, which drives shifts in the needs, wants, and expectations of the market. Product personalization: Product personalization is made easier by the ability to comprehend customer preferences through big data analysis.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Sourcing Strategies Trends 48

GoShip Blog

JUNE 16, 2021

AI in supply chain and operations can efficiently handle data for analysis and automated functions. In particular, AI can help in demand forecasting, warehousing, and logistics route optimization: By efficient collection and analysis of information and inventory processing . Saves time and operation costs. Enhancing productivity.

Supply Chain Planning Software 52

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

Logistics Business Magazine

OCTOBER 19, 2023

Operating over three years, the UK Research & Innovation funded DUKFT Network, a collection of over forty academic, policy and industry organisation, undertook six research projects and two stakeholder events exploring how to mobilise investment that can enable UK freight decarbonisation whilst managing risk and maximising opportunity.

Modeling Software 52

Modeling Software Freight Transportation Cost Reduction 52

Logistics Business Magazine

FEBRUARY 23, 2024

Polycrisis logistics When multiple supply chain disruptive events happen concurrently how can they be tackled? For example, the Dexory View dashboard enables pick face analysis of volumes. Apple’s Vision Pro is tipped by Fahy to become a handy tool. Complexity requires having a data strategy.” Machine help?

Logistics Network Optimization Software 55

Logistics Network Optimization Software Supply Chain Software Supply Chain Planning Software Supply Chain Design Software 55

Logistics Viewpoints

JULY 15, 2021

billion in 2020, the cold chain market is expected to reach more than $628 billion in 2028, nearly tripling its growth in less than ten years, according to a market analysis report by Grand View Research. Take tracking produce, for example. Valued at nearly $210.49 Temperature-sensitive products beyond food also rely on traceability.

Logistics Network Optimization Software 157

Logistics Network Optimization Software Supply Chain Software Procurement Solutions Tracking and Tracing 157

GlobalTranz

APRIL 20, 2021

Whether it’s a pandemic, severe weather events, trade disputes and tariffs, economic upheaval, or even unexpected surges in customer demands, you can’t prepare for every eventuality. For example, GlobalTranz’s Cost Prediction Model provides intelligence on pricing and market trends via a live dashboard.

Supply Chain Planning Software 115

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

Logistics at MPEPS at UPV

MARCH 31, 2019

“Managers tend to overcomplicate the process and the tools, but most of the time the real benefits lay on simplifying the process and getting accurate data about the stock.”. The most talkative example here (of course…) the giant of retail Amazon. Therefore, how can we get this information? AI, indeed, can be a great help.

Inventory Reduction 40

Inventory Reduction Inventory Optimization Software Course 40

SYSPRO Smarter ERP

FEBRUARY 6, 2023

An ERP system that includes various tools for reporting and analysis is important in allowing people to make decisions based on data. Increasingly, organizations are looking to AI and ML to help identify trends and anomalies, and predict future events or problems.

Digital 52

Digital Manufacturing Procurement ERP Supply Chain Software 52

GoShip Blog

JULY 11, 2022

The danger in not future-proofing your warehouse is that you risk a dip in efficiency and customer satisfaction, should an unprecedented event rock your business’ stability. Examples include: Warehouse management systems (WMS): These are software solutions that help businesses control and optimize their daily warehouse operations.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Inventory Reduction Cost Reduction 52

Logistics Bureau

AUGUST 6, 2019

Attributed to Vilfredo Pareto, this principle, also known as the 80/20 rule, reveals that for many events 80% of effects, come from 20% of causes. The very reliable inventory tool of ABC analysis is used to locate goods in storage bins and picking faces. ABC analysis has its roots in the Pareto Principle, but takes it further.

Supply Chain Design Software 48

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Distribution 48

UL EHS- Sustainability

OCTOBER 31, 2019

A training needs analysis (TNA) will identify where employee training can make a meaningful contribution towards improving performance. The analysis can also reveal other variables that cause employees not to perform at the optimum levels– organizational culture, personal problems, job satisfaction or financial compensation.

Buyer Training 40

Buyer Training Optimal Sourcing Expense Reduction Cost Reduction 40

Transporeon

MARCH 13, 2017

Uncertainty regarding technology Some suppliers—for example, smaller asset-based trucking suppliers that might be juggling operations during the week with administration on evenings and weekends—do not have the technological know-how or the available resources to participate in online events.

Sourcing 48

Sourcing Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 48

Logistics Business Magazine

JUNE 29, 2020

As the distribution channel for a modular portfolio of digital tools, services and cloud-based applications, SICK IntegrationSpace will enable users to vertically integrate sensor data from device through to the Cloud, creating transparency for users both to the sensors themselves, and the data they generate. . •

Logistics Network Optimization Software 54

Logistics Network Optimization Software Digital Data Factories 54

Locus

DECEMBER 7, 2021

A prime example is how governments in the Middle East have begun to rethink food security targets after the disruptions to their food supply chains. Fluctuations in oil prices and oil supply disruptions are majorly caused by political events, supply pipeline issues or weather problems. Oil price fluctuations.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

EazyStock

NOVEMBER 21, 2019

For example, sales transactions that result from a flash clearance sale do not represent typical demand for a given period. Whereas some fluctuations in demand, like seasonality, can be tracked in patterns over time, fliers are less predictable and are one-time events. A more complex option is to use statistical calculations.

Optimization Software 40

Optimization Software How To Inventory Reduction Procurement Solutions 40

Logistics Business Magazine

AUGUST 11, 2020

Many inventory planners are still reliant on basic stock management tools to carry out their challenging roles. Inventory optimisation swaps basic linear inventory calculations for probabilistic formulas, to help account for uncertainty when predicting future events.

Inventory Reduction 68

Inventory Reduction Inventory Procurement Solutions Supply Chain Software 68

EazyStock

JANUARY 6, 2023

The supply chain world has been rocked repeatedly over the past few years due to global issues such as the Covid-19 pandemic, shipping container shortages, catastrophic weather events, and socioeconomic issues – many outside our control. ABC/XYZ analysis can help identify the most valuable items to your business.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

EazyStock

JANUARY 6, 2023

The supply chain world has been rocked repeatedly over the past few years due to global issues such as the Covid-19 pandemic, shipping container shortages, catastrophic weather events, and socioeconomic issues – many outside our control. ABC/XYZ analysis can help identify the most valuable items to your business.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

FreightWaves SONAR

MARCH 15, 2021

That combines to help enterprises define and assess their ranking among peers by avoiding dairy to automotive comparison as an example, identify issues within existing bids, recognize the contributing factors affecting lane stability, apply seasonality and accessorials. Tools for day to day tactical management of freight.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

Logistics Bureau

NOVEMBER 16, 2020

You are not alone, especially as in the time since we first penned this article, one huge and unforeseen event has raised awareness of the global importance of this vital sector—and shown it to be an attractive career choice. That event was the global COVID-19 pandemic, which erupted during the first half of 2020. Networking.

Supply Chain Planning Software 115

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

WorkWave

SEPTEMBER 14, 2022

For example, AI in pest control allows organizations to optimize chemical distribution routes, automate marketing, and deploy drones to eliminate pests in hard-to-reach places. Learn more about the best AI tools for small businesses below. AI-based Graphic Design Tools. Automated Customer Communications.

Optimization Software 52

Optimization Software Tools Resource Reduction Material Savings 52

EazyStock

OCTOBER 20, 2020

Qualitative factors: Add any qualitative forecasting factors into your data, such as sales promotions, competitor activity or external market events. ABC analysis is a good inventory control technique to segment your warehouse stock based on the value it brings to the company. ABC analysis, will help with this.

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

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. In some cases, human intervention and input will be completely eliminated.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

FreightWaves SONAR

DECEMBER 29, 2020

As an example, the increased port activity will eventually translate into added trucking demands for nearby markets. Remember to think about critical events. Critical events help brokers recognize which moves have a higher risk of impact from an external influence, such as a snowstorm shutting down a highway.

Data 52

Data Negotiating Skills Transportation Supply Chain Software 52

Talking Logistics

APRIL 17, 2019

The EDI transactions would feed milestone events into the company’s transportation management system (TMS). Andrew says companies are feeding the data into their TMS applications for analysis. Andrew says, “It worked reasonably well and served its purpose for a while, but now it’s time for something better.”.

Data 61

Data Supply Chain Design Software Supply Chain Software Cost Reduction 61

Talking Logistics

APRIL 17, 2018

Knowing what data you have, what you’re missing, and where it’s stored enables teams to manually run their own analysis, report KPIs, and create a record of past activity. The second stage, Diagnostic Analytics, allows organizations to execute root cause analysis for issues and inefficiencies across functions, departments, and operations.

Supply Chain Design Software 69

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

GlobalTranz

AUGUST 15, 2018

Having a tool for accurate demand forecasting and capacity planning allows companies to be more proactive. The tech is using data to its full potential to better anticipate events, avoid risks and create solutions. For example, DHL analyzes 58 different parameters of internal data to create a machine learning model for air freight.

Supply Chain Planning Software 54

Supply Chain Planning Software Optimal Sourcing Logistics Network Optimization Software Optimization Software 54

Logistics Bureau

AUGUST 7, 2023

So, for example, you would be wise to limit returns permissibility to SKUs that your company currently stocks , with discontinued or special-order products treated as ineligible for return. Ideally, you will calculate the cost as a percentage of the sales value of goods returned over a specific period.

Inventory Reduction 89

Inventory Reduction eCommerce Inventory Procurement Solutions 89