Talking Logistics

MARCH 27, 2019

Optimization is a ubiquitous term in the supply chain and logistics industry. We all talk about how we need to optimize our operations. In practice, however, relatively few companies are using optimization technology, particularly in transportation. Why is transportation optimization key today? Types of optimization.

Optimization Software 95

Optimization Software Optimization Modeling Optimization Supply Chain Planning Software 95

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

Bringg

MARCH 24, 2021

Supply chain optimization ensures a smoother process and a more successful business model focusing on efficiency and profit. First, let’s define what supply chain optimization means, the different factors involved, and how the right supply chain optimization techniques and solutions can help you support your key business initiatives. . .

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

ShipLilly

JUNE 23, 2021

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. Function 2: Optimizing manufacturing processes. This is done using sensors that work automatically.

Optimal Sourcing 87

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

EazyStock

MARCH 4, 2021

How to Increase Inventory Turnover with Inventory Optimization. The concept of inventory optimization helps many businesses improve their inventory turnover – without damaging stock availability. Six Ways to Improve Inventory Turnover (with Inventory Optimization). A basic form of inventory categorization is ABC analysis.

Optimal Sourcing 59

Optimal Sourcing Inventory Reduction Inventory Optimization Software 59

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

EazyStock

FEBRUARY 1, 2021

In contrast: eCommerce inventory optimization is the art of predicting and managing supply and demand variables while undertaking inventory management processes. The objective of eCommerce inventory optimization is to have the right products in the right place at the right time – as efficiently and cost-effectively as possible.

Inventory Reduction 52

Inventory Reduction Optimization Software eCommerce Inventory 52

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

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. I see no evidence that less money is being invested in product development.

Supply Chain Design Software 121

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

GlobalTranz

JANUARY 12, 2018

This approach to optimizing shipping performance is educational because of how it illuminates potential weaknesses and offers advice for making positive changes. For example, did you know a box’s structural integrity breaks down by 50 percent after only one shipment ? Wrapping Up The Benefits of Optimizing Shipping Performance.

Optimization Software 74

Optimization Software Optimization Packaging Cost Reduction 74

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. Big-data-driven predictive modeling serves as the catalyst for route optimization. UPS success case.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Data 52

Trinity Logistics

OCTOBER 31, 2021

Through a TMS, you can automate and optimize your processes, gain visibility into your logistics, and view valuable data.?. Optimization. A TMS is a perfect resource if you’re looking for your logistics to be more efficient and optimized. The optimization engine of the TMS allows for dynamic, static, and closed-loop routing.

Optimization Software 96

Optimization Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 96

Logistics Business Magazine

FEBRUARY 21, 2024

As well as code-reading duties in fast-moving production and logistics, is therefore ideal for reading direct marks on electronics or automotive components, for example. It also reliably reads slowly-degrading codes, for example on totes in hard-working materials handling environments.

Optimization Software 61

Optimization Software Logistics Network Optimization Software RFID Packing 61

Logistics Viewpoints

MAY 11, 2023

How the digital twin concept drives benefit By using advanced analytics and machine learning algorithms, digital twins can provide real-time insights and recommendations to optimize operations, reduce costs, and increase productivity. Process optimization Digital twins can also help warehouse managers optimize processes and workflows.

Optimization Software 141

Optimization Software Supply Chain Design Software Modeling Software Digital 141

Logistics Viewpoints

DECEMBER 12, 2023

Optimizing warehouse operations for both service and profitability has never been more important, or more challenging. Today’s warehouse environment is too complex and fast-moving to manage effectively via human cognition, as well as manual planning and analysis. Warehouses also represent an enormous cost center. billion in 2022 to $3.12

Supply Chain Planning Software 167

Supply Chain Planning Software Supply Chain Design Software Optimization Software Resource Reduction 167

EazyStock

JUNE 16, 2022

For example, navigation apps, facial recognition, smart assistants, and even robot vacuum cleaners at home use this smart tech. Using algorithms, AI can provide better quality data and analysis to give a complete overview of your warehouse and supply chain. AI was once only seen in science fiction. Machine learning in warehouses.

Supply Chain Software 52

Supply Chain Software Optimization Software Supply Chains Inventory Reduction 52

Blue Grace Logistics

JULY 27, 2021

The importance of machine learning and intelligence combined with human touch for optimized decision making. 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.

Procurement Analytics 62

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

3PL Links

FEBRUARY 13, 2023

Ikea’s packaging design is a well-known example to help with this matter. In order to address this, a new type of process was devised in which the furniture would now be supplied in flat packs and disassembled, optimizing the use of space and enhancing process agility.

Supply Chain Design Software 62

Supply Chain Design Software Optimal Sourcing Supply Chain Design Supply Chain Software 62

IoT World Today

FEBRUARY 6, 2020

Optimizing Railway Operations with Data. For industry participants, data analysis presents an opportunity to optimize railway operations without adding costly infrastructure. “We Data generated by IoT sensors enables ProRail to understand conditions it couldn’t previously, with human analysis alone. million in 2017 to 3.7

Efficiency 135

Efficiency Networks Optimization Software Training 135

SYSPRO Smarter ERP

DECEMBER 19, 2022

Then in the early 2000s, a new technology emerged, inventory optimization (IO), which could account for variability and multi-level activity in the supply chain and optimize inventory management policies using a statistical approach to manage both demand and supply variability. Inventory optimization. Challenges of IO and AI.

Inventory Reduction 105

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 105

Transporeon

SEPTEMBER 19, 2017

As a simple example, if you have 100 lanes with 10 offers per lane, that number would be 100 10 , or 100,000,000,000,000,000,000. Combinatorial optimization can lighten the load The resources required to solve those questions manually are simply unfeasible. This is where combinatorial optimization can help. On behalf of a U.S.-based

Optimal Sourcing 48

Optimal Sourcing Optimization Software Optimization Vendor Strategies 48

SYSPRO Smarter ERP

DECEMBER 19, 2022

Then in the early 2000s, a new technology emerged, inventory optimization (IO), which could account for variability and multi-level activity in the supply chain and optimize inventory management policies using a statistical approach to manage both demand and supply variability. Inventory optimization. Challenges of IO and AI.

Inventory Reduction 98

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 98

Conger

APRIL 1, 2024

Continue reading to learn more about this essential strategy to ensure your equipment performs optimally at all times. Examples include cleaning and lubricating the moving parts or replacing parts before they wear out. Efficiency: Well-maintained machines operate at optimal levels that lead to increased productivity.

Material Savings 83

Material Savings Expense Reduction Resource Reduction Cost Reduction 83

Logistics Viewpoints

FEBRUARY 16, 2021

This example illustrates why supply chain visibility isn’t enough. But the opposite is not true – if you optimize one link, you have not optimized the entire supply chain. Scenario analysis allows you to weigh alternatives by calculating the effects of possible changes. Why transparency is better than visibility.

Supply Chain Planning Software 170

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

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 150

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 150

Logistics Business Magazine

MARCH 1, 2021

Manufacturing processes become visible in real-time and, in addition, AI-supported optimization proposals are derived, leading to efficient growth and an increase in process quality. At its core, the joint solution allows visualizing manufacturing processes in real-time and furthermore prepares AI-supported optimization proposals.

Optimization Software 43

Optimization Software Optimal Sourcing Logistics Network Optimization Software Manufacturing Procurement 43

Logistics at MPEPS at UPV

MAY 8, 2023

A new era of fan experience is beginning with the emergence of smart stadiums, where technology is employed to improve security, optimize logistics, and provide live experiences to the fans. This essay will examine the use of AI in Allianz Arena and examine the realm of smart stadiums.

Optimization Software 52

Optimization Software Logistics Network Optimization Software Logistics Security 52

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. This factor would vary with the mode of transportation we choose and also how optimized our routing is. For example: poor quality, high costs, high lead time, supplier communication.

Optimal Sourcing 52

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

Logistics Viewpoints

MARCH 8, 2021

For example, go to the Walmart, turn right, and it is the third house on the left. The solution can answer questions like where should new production or distribution capacity be located to optimally accommodate anticipated growth in demand? In 2018, they implemented a LLamasoft inventory optimization solution.

Supply Chain Design Software 152

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Supply Chain Software 152

EazyStock

JUNE 24, 2020

Inventory optimization software is an important piece of the puzzle. In this four part blog series we discuss how inventory management teams can use inventory optimization to help deal with the impact of the Coronavirus in the medium and long term, focusing on demand forecasting, supplier management and inventory planning.

Procurement Solutions 98

Procurement Solutions Inventory Reduction Inventory Supply Chain Planning Software 98

GlobalTranz

JANUARY 16, 2017

Modern supply chains are evolving beyond anyone’s expectations due to increased use of cloud-computing technologies, wearables and advanced data analysis. Data Analysis Grew Exponentially, Providing More End-to-End Visibility and Continuous Improvement. Data analysis is the companion of cloud-computing technologies.

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Software Supply Chain Design Analysis 59

AIMMS

FEBRUARY 26, 2020

Network Design tools that are fueled by powerful mathematical optimization in the back end, and intuitive scenario analysis capabilities at the front, empower you to create flexible plans and expose hidden risks in your network. Let’s explore some example s. . This leads to insightful and resilient thinking. .

Supply Chain Planning Software 146

Supply Chain Planning Software Supply Chain Design Software Scenario Planning Supply Chain Software 146

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. Autonomous vehicles.

Supply Chain Planning Software 52

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

MTS Logistics

MAY 3, 2023

Tech can help optimize routes and predict demand, but it can’t replace the critical thinking, decision-making, and problem-solving skills that seasoned pros bring. Below is a real-world example of the need for human involvement in logistics. Yet, in person there were no lifting lugs and a change of plan was needed.

Negotiating Skills 89

Negotiating Skills Buyer Training Logistics Network Optimization Software Supply Chain Software 89

The Lean Thinker

FEBRUARY 4, 2021

It depicts more detailed version of “ Organize, Standardize, Stabilize, Optimize ” showing the continuous comparison between “what should be happening” and “what is actually happening.” What About Root Cause Analysis? ” It is the gap between these two that drives improvement forward.

Modeling Software 195

Modeling Software Optimization Software Analysis Tools 195

SYSPRO Smarter ERP

SEPTEMBER 6, 2022

A practical way that manufacturers can do so is firstly through using data in more comprehensive ways and secondly by embracing digitization to optimize their operations for the future. Optimizing the use of data for manufacturers. Obstacles on the data journey for manufacturers.

Manufacturing Procurement 111

Manufacturing Procurement Factories Optimal Sourcing Supply Chain Software 111

MTS Logistics

DECEMBER 15, 2023

One area to watch: rail Heading into 2024 for example, in sustainability and technology improvements, rail is standing out far more than in past years as an attractive option due to the gains it has made in service, sustainability, and technology. This has been seen with AI, robotics, and specialized software.

Trends 78

Trends Cargo Supply Chain Software Logistics Network Optimization Software 78