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 supply chain design solution, for example, continues to grow in depth and usability. Coupa meets this definition. 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

NOVEMBER 8, 2021

For example: Japan earthquake 2016. Many of the current (pre-Covid) business models focused on partnering with suppliers and “make them part of your business” because the closer they are to the business the better they can understand the issues and respond. Supply chain disruptions. US-China trade war 2018. Suez Canal blockage 2021.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 116

Logistics Viewpoints

APRIL 3, 2023

For example, a suggestion from the system might be to transfer 96,154 units of a stock keeping unit to a distribution center in Denver to fill a projected backorder. Even if a company does a pareto analysis and addresses 80% of the exceptions, that 20% of issues unaddressed leaves a lot of money on the table.

Supply Chain Planning Software 151

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

EazyStock

JUNE 16, 2022

For example, navigation apps, facial recognition, smart assistants, and even robot vacuum cleaners at home use this smart tech. ML models teach themselves over time by analyzing trends and spotting anomalies and then offering predictive insights. For example, you can adjust the speed and volume of order processing to meet demand.

Supply Chain Software 52

Supply Chain Software Optimization Software Supply Chains Inventory Reduction 52

Logistics Bureau

NOVEMBER 14, 2018

Even if you simplify your product range and your upstream suppliers, you still have to deal with the ramifications of diverse customers, their expectations, their location and the logistics needed to meet their requirements. Too little detail won’t give you the information you need to take action. Customer-specific services.

Purchasing Skills 88

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

The Lean Thinker

FEBRUARY 4, 2021

We get into semantic arguments about “problem solving” as somehow different from “root cause analysis” and how the Improvement Kata is somehow distinct, again, from those activities. You Cannot Meet a Challenge Without Working on Stability. What About Root Cause Analysis?

Modeling Software 195

Modeling Software Optimization Software Analysis Tools 195

Logistics Bureau

OCTOBER 9, 2023

Quality and Detail of Data and its Analysis In some of our earlier posts, we’ve stressed the importance of simplicity in distribution network design , and we will return to that topic later in this article. It’s not a short list, so we’ll set it down here as a summary to help you with plans for analysis.

Supply Chain Design Software 90

Supply Chain Design Software Supply Chain Design Distribution Networks 90

Logistics Business Magazine

OCTOBER 23, 2023

It helps to look at the layout in detail to understand how high they need to go, where to put racking, what configuration of trucks is right, and whether they need a VNA or a Reach Truck, for example.” This enables Yale and its dealers to advise the optimum mix of Yale equipment to meet the warehouse’s needs.

Modeling Software 63

Modeling Software Logistics Network Optimization Software Materials Handling Warehousing 63

AIMMS

AUGUST 3, 2020

However, one-third of SCP leaders cite “the lack of effective decision making in the S&OP meeting process as the most critical problem to solve for their function’s overall performance” (source: Gartner, Improve S&OP Decision Making Through Scenario Planning , Supply Chain Research Team, 4 May 2020). – Tweet this.

Scenario Planning 159

Scenario Planning Supply Chain Planning Software AIMMS Gartner 159

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

Blue Grace Logistics

JULY 27, 2021

Approaching a demand analysis with historical data and seasonal variations is no longer competent. Brand identity, interactive marketing campaigns and differential lifestyles complicate a perfect trend analysis model. Simple Examples of Predictive Analytics. Every step of the way can use predictive analysis.

Procurement Analytics 62

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

Logistics Viewpoints

MARCH 6, 2023

For example, while GEON has over 2000 customers, initially they are manually building forecasts for 600 customers and 1200 ship-to locations. The executive meeting will generate lean six sigma projects where analysts are tasked with going out and discovering more granular costs. This will be done in a step-by-step manner.

Supply Chain Planning Software 141

Supply Chain Planning Software Supply Chain Transformation Scenario Planning Supply Chain Software 141

AIMMS

JULY 15, 2019

A great example of this is one of our customers, a Europ ean chemical company with $300M in annual revenue who is growing fast and was ready to move from spreadsheets to something more robust. Within a few months they moved from spreadsheets and silos to looking at real-ti me scenarios in monthly planning meetings.

Supply Chain Planning Software 107

Supply Chain Planning Software Scenario Planning Modeling Software Gartner 107

Logistics Bureau

OCTOBER 10, 2022

For example, you can optimise for cost, profit, or service, but not for all of them. Instead, your company’s optimal inventory performance will be such that you can meet the service levels you aspire to (or to which your customer agreements commit you) with the barest minimum negative impact on profit and working capital.

Inventory Reduction 114

Inventory Reduction Inventory Optimization Modeling Optimization Software 114

EazyStock

OCTOBER 31, 2022

Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. Determining the right stock levels to meet demand is vital for customer satisfaction. What is demand planning? Why is demand planning important?

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52

EazyStock

OCTOBER 31, 2022

Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. Working out the right stock levels to meet demand is vital for customer satisfaction. What is demand planning? Why is demand planning important?

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52

Logistics Business Magazine

NOVEMBER 19, 2022

Key new features include a cash planning analysis model enabling customers to improve cash management and reduce risk and a streamlined Manufacturing Execution System (MES), designed to improve production quality control and performance. Helping customers meet ESG goals.

Modeling Software 64

Modeling Software Sourcing Strategies Logistics Network Optimization Software Manufacturing Procurement 64

SYSPRO Smarter ERP

OCTOBER 20, 2021

The second step will be to convert all critical business data produced going forward that requires analysis to be collected going forward. In the factory environment, one example is the digitization of records for a more efficient method of record keeping, thereby improving the batch traceability process.

Digital 133

Digital Factories Supply Chain Planning Software Supply Chain Software 133

SYSPRO Smarter ERP

DECEMBER 19, 2022

Inventory optimization is the process of maintaining the right amount of inventory required to meet demand, in the right locations, at the same time reducing inventory-related costs, and avoiding common inventory issues such as stockouts, overstocking, and backorders. Inventory optimization. Challenges of IO and AI.

Inventory Reduction 105

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 105

Logistics Bureau

JULY 18, 2022

For example, you don’t want to assume that a single logistics strategy and service approach will meet all your customers’ needs. Step 2: Gap Analysis – Customer Requirements and Supply Chain Trends. Network modeling and optimisation software. For example: How much automation will you need in your warehouse(s)?

Inventory Reduction 106

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 106

Logistics Viewpoints

JANUARY 26, 2021

The hyper-focus on meeting customer expectations is also creating pressures upstream in the supply chain, as manufacturers extend visibility and collaboration beyond their own walls to avoid any disruptions. To meet customers’ growing expectations for personalized offerings, the typical company’s product lines have grown exponentially.

Supply Chain Software 161

Supply Chain Software Supply Chain Planning Software Definition Supply Chains 161

SYSPRO Smarter ERP

DECEMBER 19, 2022

Inventory optimization is the process of maintaining the right amount of inventory required to meet demand, in the right locations, at the same time reducing inventory-related costs, and avoiding common inventory issues such as stockouts, overstocking, and backorders. Inventory optimization. Challenges of IO and AI.

Inventory Reduction 98

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 98

3PL Links

OCTOBER 6, 2022

With the businesses they collaborate with, they become partners and take full ownership of the management, analysis, and execution of the supply system. If a business intends to use this service, it must first consider which category of logistics companies best meets their requirements. Infrastructure (in storage areas, for example).

Logistics Network Optimization Software 62

Logistics Network Optimization Software Supply Chain Planning Software 4PL Modeling Software 62

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Therefore, it is important to measure how well these suppliers meet the expected high level of quality. Return Material Authorizations (RMAs): RMAs measure how many products or deliveries are returned and whether a product meets customer requirements. It is best captured in an ERP system and analyzed digitally.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 105

Shipchain

MARCH 10, 2020

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. Below is an overview of the benefits of data as well as examples of how it has helped companies with their final-mile distribution.

Data 62

Data Optimization Software Modeling Software Logistics Network Optimization Software 62

EazyStock

OCTOBER 20, 2020

Inventory control is a key function of supply chain management that maintains appropriate quantities of stock to meet customer demand. It’s critical to invest time (and money if required) in setting up advanced inventory forecasting models that produce accurate demand forecasts. ABC analysis, will help with this.

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

SYSPRO Smarter ERP

JANUARY 19, 2022

Although it’s easy to attribute these difficulties to the Covid-19 pandemic, there is far more to the current crisis than first meets the eye. The fundamental problem is that many organizations caught up in this situation are using business models which were already out of date before the pandemic. Factors affecting the supply chain.

Manufacturing Procurement 105

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

3PL Links

APRIL 16, 2024

However, how can we aim for productivity, flexibility, and efficiency to meet the needs of a market that is expanding all the time? Because of its improved stock storage techniques, increased flexibility, and efficient management, the company can easily handle the surge in orders and always adjusts to meet demand.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Optimization Software 48

FreightWaves SONAR

MARCH 9, 2021

Unlike waiting on data on freight tenders until the bill is paid, audited, and settled, submitted tender data via EDI or API offers a better way to approach predictive modeling of logistics. The analysis of that data helps companies identify reliable insights based on what’s happening today and yesterday, not just what happened last week.

Data 98

Data Reliability Supply Chain Planning Software Trucking 98

Logistics Viewpoints

MARCH 4, 2021

Examples of building intelligence in your processes: Automating product segmentation based on multiple dimensions including revenue, demand variability, supplier lead-times to manage different service level targets. Modeling the impact of weather events. Modeling the impact of weather events. and Europe.

Supply Chain Planning Software 157

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 157

AIMMS

JULY 15, 2019

A great example of this is one of our customers, a Europ ean chemical company with $300M in annual revenue who is growing fast and was ready to move from spreadsheets to something more robust. Within a few months they moved from spreadsheets and silos to looking at real-ti me scenarios in monthly planning meetings.

Supply Chain Planning Software 62

Supply Chain Planning Software Scenario Planning Modeling Software Gartner 62

SYSPRO Smarter ERP

MARCH 21, 2022

Unless manufacturers change, they will find that their ability to forecast demand, and determine what to do to meet it, will be challenging. Risk analysis is becoming an important part of SCM. It can also enable the new model of inventory management needed for a resilient supply chain – Just-in-Case (JIC).

Manufacturing Procurement 116

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

Ship Monk

FEBRUARY 24, 2024

For example, ShipMonk customizes logistics services and associated fees to the unique needs of every client. In the previous example, you have the physical weight that extra travel inventory creates in your luggage that you have to lug around. There are many different models and formulas for strategically ordering inventory.

eCommerce 88

eCommerce Inventory Reduction Tips Waste Reduction 88

3PL Links

DECEMBER 28, 2023

The primary logistics trends for 2024 are shown below, along with examples of how some of the industry’s top businesses are already incorporating them into their plans. 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

Logistics Viewpoints

MARCH 21, 2021

According to one survey , only 27% of leaders believe that they have the talent needed to meet current supply chain performance requirements. As the P&G example shows, effective collaboration within the broader organization and across partners and customers becomes a key success factor.

Supply Chain Planning Software 144

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

Logistics Business Magazine

APRIL 28, 2023

At LogiMAT in Stuttgart, Germany, KNAPP presented technologies that help companies meet these goals. The travel paths and processes of the AMR are easy to model and adapt in the software. KNAPP has modules in KiSoft for resource planning, data analysis for strategic decision-making, predictive maintenance and life cycle management.

Modeling Software 58

Modeling Software Logistics Network Optimization Software Picking Handling 58

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. Circularity could change business models.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 60