GlobalTranz

APRIL 20, 2021

Those factories with essentially zero inventory of critical components were forced to close or drastically scale back. For example, GlobalTranz’s Cost Prediction Model provides intelligence on pricing and market trends via a live dashboard. Pricing may vary significantly based on carriers and lanes and capacity constraints.

Supply Chain Planning Software 115

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

GlobalTranz

JULY 14, 2015

The Internet of Things (IoT) seems to be popping up in more conversations throughout the entire supply chain , and more businesses have turned towards IoT experts for guidance on how to take advantage of its benefits. The Internet radically changed how the world communicates. IoT and Machine Functionality.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

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. Will the analysis help in mitigating risks from black swan events?

Supply Chain Planning Software 71

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

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. Will the analysis help in mitigating risks from black swan events?

Supply Chain Planning Software 62

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

GlobalTranz

JANUARY 17, 2017

Of course, reports Predictive Analytics Times , analytics also possess potential to change how companies obtain the raw materials for their products. In manufacturing, this means engineers, repair workers and factory employees will be able to use augmented reality to complete tasks faster than ever before.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

Conger

JANUARY 27, 2023

Ready to learn how to prevent downtime and save money in your operation? For example, you can automate many material handling tasks if you have trouble finding forklift operators. For example, you can try experimenting with schedules. This is your ultimate guide to maintenance issues. Let's dive in! Table of Contents 1.

Manufacturing Procurement 52

Manufacturing Procurement Modeling Software Buyer Training Optimal Sourcing 52

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

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

247 Customs Broker

NOVEMBER 30, 2018

These techniques make it easy to analyze huge volumes of data in an efficient fashion to provide a sophisticated analysis, trigger a function or an event based on the results of the analysis, deliver requested information, and perform many other complex functions. Trends Accelerating the Use of AI in Supply Chain and Logistics.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimization Software 28

Logistics Business Magazine

OCTOBER 11, 2021

In Poland, for example, the unemployment rate was as close to zero as you can get in an advanced economy, with earnings approaching those of Western Europe. These operations are more like factories than stores, requiring an intelligent understanding of the steps and costs associated with complex manual tasks.

Production 51

Production Material Savings Modeling Software Resource Reduction 51

Logistics Business Magazine

DECEMBER 16, 2021

His analysis is based on conversations and data from Setlog customers who use the SCM tool OSCA, e.g. more than 100 brands in the fashion industry alone. Companies are increasingly considering how to implement circular economy strategies so that fewer products need to be destroyed. Sustainability and due diligence laws force us to act.

Supply Chain Planning Software 50

Supply Chain Planning Software Supply Chain Software Modeling Software Optimization Software 50

Forto

JULY 25, 2018

It might include the analysis of this data through analytics. It could be the end-results listed on a manager’s dashboard regarding transport costs, or it could be the projections for how external factors, like the weather, will influence arrival time. . Use “Sentiment Analysis” techniques to connect with customer feedback.

Supply Chain Planning Software 40

Supply Chain Planning Software Data Optimization Software Optimal Sourcing 40

GlobalTranz

SEPTEMBER 19, 2016

While we know this to be true, it doesn’t mean that a factory can’t be built with an eco-friendly outlook. As far as companies in America go, Johnson & Johnson is setting a primary example of eco-friendly production. Facility Analysis. ———————————————————————————————————————————————————————————————————————.

Manufacturing Procurement 87

Manufacturing Procurement Material Savings Resource Reduction Industry 87

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

247 Customs Broker

MARCH 12, 2018

factories by giving manufacturers an incentive to buy machinery and boost productivity in a tight labor market,” said The Wall Street Journal on January 26 of this year. In fact, one of the photos in the article was of an automated warehouse from Witron at Festo, a manufacturer of factory automation solutions. The story in picking.

Supply Chain Software 28

Supply Chain Software Supply Chain Design Software Supply Chain Planning Software Automation 28

SYSPRO Smarter ERP

FEBRUARY 14, 2024

They also need to know how to protect their ERP systems which are critical for a business to run effectively. 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.

Manufacturing Procurement 52

Manufacturing Procurement Security Tips ERP 52

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. Assess scenarios.

Supply Chain Planning Software 28

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

Logistics Viewpoints

MARCH 21, 2021

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. Increasingly, the role of the network planner is running scenarios to see how to deal with exceptions and disruptions.

Supply Chain Planning Software 144

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

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. Consumers are looking for more durable products.

Supply Chain Planning Software 56

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 56

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

Locus

MAY 25, 2023

Ford Whitman Harris first published the model of Economic Order Quantity in a paper Factory, The Magazine of Management , in 1913. This model became dominant for order-quantity analysis in the study of supply chains. Want to find out how to achieve optimal safety stock level in your supply chain?

Inventory Reduction 52

Inventory Reduction Cost Reduction Ordering Waste Reduction 52

Automotive Logistics

JULY 13, 2018

Software provider Llamasoft’s approach involves the creation of a ‘digital twin’, a software model representing suppliers, factories, distribution networks, inventory flows and transport. You can do all kinds of scenario analysis and ‘what-ifs?’ A truly autonomous car could even drive itself from the factory to its new owner’s address.

Supply Chain Planning Software 43

Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies Scenario Planning 43

Conger

MARCH 19, 2021

For example, if it’s a high-usage application, they’ll often choose a shorter term lease. How are Forklift Lease Payments Calculated? So for a $20,000 forklift, that comes out to $400 per month, for example. And that's why companies should perform a lease-versus-buy tax analysis for each piece of equipment they plan to acquire.

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Purchasing Skills Manufacturing Procurement Procurement Analytics 52

Talking Logistics

MAY 11, 2018

Analysis of these simulations will identify safety issues as these new aircraft take to the air in an already crowded air traffic control system. Data will be used by the FAA to help expand drone flights and to also test how to balance national versus local government interests in the emerging industry. The most recent example is C.H.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Modeling Software 60

Parade

MAY 29, 2019

In this post, we share: An analysis of three different fulfillment opportunities that our customers typically face: 1) consistent dedicated freight, 2) spot freight (pre-planned), and 3) hot spot freight (same-day). How do you notify them about freight opportunities? What do those carriers need?

Digital 60

Digital Production Price Reduction Freight 60

Parade

MAY 29, 2019

In this post, we share: An analysis of three different fulfillment opportunities that our customers typically face: 1) consistent dedicated freight, 2) spot freight (pre-planned), and 3) hot spot freight (same-day). How do you notify them about freight opportunities? What do those carriers need?

Digital 60

Digital Production Price Reduction Freight 60

The Logistics of Logistics

MAY 18, 2022

I will give you an example of predictive. What matters is the output that comes out of our analysis. How is that impacting my business? You are giving them visibility and two days of information from your factory to your customer. What they care about is, “Tell me how to change that information that affects my business.”

Data 312

Data Modeling Software Supply Chain Design Software Optimization Software 312