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. By using predictive analytics and machine learning algorithms, digital twins can also provide recommendations on how to optimize equipment utilization and reduce downtime.

Optimization Software 142

Optimization Software Supply Chain Design Software Modeling Software Digital 142

Trinity Logistics

NOVEMBER 30, 2021

And if you’re looking to purchase software outright versus outsourcing with a 3PL, you’ll soon realize that not all transportation management software companies offer the same thing. You’re going to need to build out a team of transportation management software specialists who can expertly use, read, and pull reporting from your new TMS.

Supply Chain Design Software 88

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

GoShip Blog

APRIL 22, 2022

Demand forecasting is a highly efficient tool for any business type. According to statistics, about 80% of customers prioritize personalized service when purchasing. How to implement demand forecasting in your supply chain? The demand predicting execution can seem challenging due to its complexity.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chains 40

EazyStock

DECEMBER 13, 2021

Help Avoid Stockouts with a Simple Risk of Stockout Report. For example, with the risk of stockout report, you could choose to set out-of-stock alerts at 50% of your safety stock, so ‘out of stock’ will be when you only have 50% of your safety stock left (so you know you have a little extra as a back-up).

Inventory 52

Inventory Supply Chain Planning Software How To Supply Chain Software 52

AIMMS

DECEMBER 1, 2016

This makes S&OP implementation a difficult process, especially when it comes to finding the right tools. Typically, companies are looking for tools to tackle demand planning and forecasting. A modeling and analytics environment like AIMMS allows companies to overcome these limitations. image source: [link].

Supply Chain Planning Software 103

Supply Chain Planning Software Optimization Software Optimal Sourcing Modeling Software 103

Ship Monk

DECEMBER 15, 2023

billion, according to Adobe Analytics , up 7.5% Will consumers be reluctant to use credit cards for holiday purchases? For the first time, mobile purchases have overtaken desktop purchases. Shopify reports that sales were up 24% compared to last year, with 61 million consumers shopping globally this year.

Purchasing Skills 64

Purchasing Skills Material Savings Supply Chain Planning Software Procurement Analytics 64

Logistics Bureau

OCTOBER 20, 2021

“Paralysis by analysis” is a common term used to describe such a situation, and you can avoid it by monitoring a smaller number of carefully chosen KPIs. ” Feel free to track lots more metrics in the background if you wish, but try to keep attention focused on the five or six “real KPIs.”

Supply Chain Design Software 96

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 96

3PL Links

MARCH 18, 2024

Have management software Management software is the best tool for retailers to control not only inventory but the entire store operation. Knowing the particularities of the business, it is possible to know how to manage inventory according to consumer demand.

Inventory Reduction 48

Inventory Reduction Inventory Tips Optimization Software 48

AIMMS

DECEMBER 1, 2016

This makes S&OP implementation a difficult process, especially when it comes to finding the right tools. Typically, companies are looking for tools to tackle demand planning and forecasting. A modeling and analytics environment like AIMMS allows companies to overcome these limitations. image source: [link].

Supply Chain Planning Software 62

Supply Chain Planning Software Optimization Software Modeling Software Optimal Sourcing 62

EazyStock

FEBRUARY 1, 2021

In Q3 of 2020 Amazon reported sales up 37% year-on-year, with eBay close behind at 25%. 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. Better Inventory Management for eCommerce.

Inventory Reduction 52

Inventory Reduction Optimization Software eCommerce Inventory 52

WorkWave

SEPTEMBER 23, 2021

Many people are new to online grocery shopping, and getting accustomed to all the options and tools available can make the experience more enjoyable and more accessible than initially expected. Designing a successful business model requires a bit of research and analysis of your competitors. Starting a New Grocery Store Model.

Modeling Software 52

Modeling Software Optimization Software How To Procurement Solutions 52

Talking Logistics

APRIL 25, 2019

As direct-to-consumer orders continue to increase, this trend in purchasing behavior is also driving the push for agility in MHE. Customized reports and personalized reporting platforms are turning this data into actionable business intelligence to drive MHE decision making.

Materials Handling 61

Materials Handling Supply Chain Planning Software Modeling Software Material Savings 61

Logistics Viewpoints

MARCH 1, 2021

Once the analysis was done for Year One set up, Year Two was pretty much the same. It was predictable. The introduction of smoke-free products made the use of spreadsheet tools far less efficient in the capacity and sourcing planning as the new product categories had rapid growth. “We We appreciated River Logic’s capabilities.”

Supply Chain Design Software 107

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 107

EazyStock

OCTOBER 31, 2022

If a product isn’t available for customers to purchase because it’s out of stock, they will likely turn to a competitor and might not return. They can then understand how to limit the impact of supply chain disruption to continue to meet customer demand. Losing multiple customers will significantly impact revenue.

Supply Chain Planning Software 52

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

EazyStock

OCTOBER 31, 2022

If a product isn’t available for customers to purchase because it’s out of stock, they will likely turn to a competitor and might not return. They can then understand how to limit the impact of supply chain disruption to continue to meet customer demand. Losing multiple customers will significantly impact revenue.

Supply Chain Planning Software 52

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

Conger

MAY 24, 2023

Order Placement Once thresholds are reached, an automatic replenishment system can generate purchase orders without human input In addition to calculating quantities, the system can automate physical tasks such as stock transfers and the generation of purchase orders for efficient order placement.

Replenishment 40

Replenishment Supply Chain Planning Software Supply Chain Design Software Optimization Software 40

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. New legislation is driving the pace.

Supply Chain Planning Software 56

Supply Chain Planning Software Supply Chain Software Modeling Software Optimization Software 56

Conger

MARCH 28, 2024

Data Analytics This involves the collection of data reports from various fleet performance metrics, such as vehicle utilization, fuel consumption, and maintenance costs. Controlling Costs Cost-controlling mechanisms provide businesses with required tools and insights to manage and reduce costs.

Optimization Software 73

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 73

GlobalTranz

DECEMBER 7, 2015

A recent report by Frost & Sullivan, “The Future of Parts and Service Retailing in the Automotive Aftermarket” , predicts that by 2025, 10 to 15 percent of all global parts sales will be made online. Advanced Analytics Continue to Get a Bigger Plate at the Manufacturing Dinner Table. Increasing Equipment Uptime.

Manufacturing Procurement 81

Manufacturing Procurement Trends Supply Chain Design Software Supply Chain Planning Software 81

Conger

JULY 22, 2021

How to choose the right system for you. How to Choose an eCommerce Warehouse Management System. So the result is twofold: Lower costs and happier customers. How to Choose an eCommerce Warehouse Management System. With the right WMS, you can cut costs and maximize profits for your eCommerce business. Let’s dive in!

Supply Chain Design Software 52

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

GlobalTranz

JULY 12, 2016

This is solved through best practices, efficient and proven strategy, proper measurement of your tools and people, and the use of effective technology which doesn't add bloat, but is an enablement tool to provide a tangible Return on Investment in the way of reduced time and costs. . Involve, align and empower your associates.

Material Savings 73

Material Savings Cost Reduction Optimal Sourcing Inventory Reduction 73

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. Analysis of Trends and Recommendations.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

Logistics Bureau

AUGUST 7, 2023

Ideally, you will calculate the cost as a percentage of the sales value of goods returned over a specific period. You can then use that calculation as the basis of a handling charge for customers to be deducted from their return credit or factored into any cost-to-serve analysis you might perform to determine customer profitability.

Inventory Reduction 89

Inventory Reduction eCommerce Inventory Procurement Solutions 89

GlobalTranz

JANUARY 20, 2015

How much should you invest? How to gain adoption? Do some research, develop a business plan with some projections & an ROI analysis (multi-year), research solutions, resource appropriately and give it some time … Then market it differently than the rest of your business. How do I communicate my value in this new market?

Manufacturing Procurement 105

Manufacturing Procurement Price Reduction Inventory Reduction Resource Reduction 105

WorkWave

SEPTEMBER 2, 2021

This guide looks at all the critical aspects of how to start a delivery service business. Usually, you not only buy a route with an established business presence, but you also purchase the equipment needed for such services. There are various helpful tips out there you can use on how to buy a delivery route.

Logistics Network Optimization Software 52

Logistics Network Optimization Software How To Optimization Software Procurement Solutions 52

GlobalTranz

JANUARY 17, 2018

Manufacturers are looking for ways to explore new technologies, reinvent manufacturing strategy, enhance troubleshooting, bringing manufacturing closer to consumer and levy the power of intelligent tools to streamline operations and cut costs. Workplace Safety Will Get a Reboot.

Manufacturing Procurement 58

Manufacturing Procurement Cost Reduction Resource Reduction Trends 58

Ship Monk

MARCH 28, 2023

Free 2-Day Shipping With almost 80% of US buyers agreeing that free shipping increases the likelihood of a purchase, you can imagine the kind of conversions your ecommerce business could gain by offering this crowd-pleasing shipping option. Free 2-day shipping is like the syrup on top of pancakes.

Cost Reduction 52

Cost Reduction Inventory Reduction eCommerce Expense Reduction 52

Ship Monk

JANUARY 30, 2023

Make sure your fulfillment center also knows exactly how to handle returns, refunds, and reshipments. Your fulfillment center or 3PL should be able to handle the returns and reshipments, as well as claims processing to recover costs from shipping carriers.

eCommerce 52

eCommerce Supply Chain Planning Software Inventory Reduction Supply Chain Software 52

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

GlobalTranz

OCTOBER 27, 2015

Today we continue our series on successfully working with a logistics company, often called a third party logistics company by focusing on how to properly understand the success of the engagement by knowing all the key performance indicators that a shipper could put in place. This starts with deploying the S.M.A.R.T.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Supply Chain Planning Software Logistics Resource Reduction 90

The Logistics Academy

FEBRUARY 13, 2017

Another trend is learning how to deal with the avalanche of data that supply chain managers have at their fingertips. A background in computer science, operations research, psychology, accounting, marketing, or engineering can give students an analytical edge. We have different tools to incorporate these trends in our program.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 40

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

EazyStock

NOVEMBER 17, 2020

ERP systems typically allow companies to undertake tasks such as purchasing, production planning, service delivery and customer management – all from one single platform. To remain competitive they know they need the tools to ensure the right stock is in the right place at the right time. How often each SKU gets picked.

ERP 98

ERP Inventory Reduction Inventory Optimization Software 98

Conger

DECEMBER 13, 2022

How warehouse management systems work. How they’re different from other software systems. How to choose a system that fits your operation. How Do Warehouse Management Systems Work? How to Choose a Warehouse Management System. Pros: Rapid deployment/implementation with lower up-front costs. Analytics.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Optimization Software Modeling Software 52

Logistics Bureau

MAY 31, 2021

If yours is one of those businesses shifting from traditional to online retail, you’ve probably faced some of the logistical challenges arising from the need to deliver your customers’ purchases to them. High Cost to Serve: It’s an Omnichannel Problem. Those expenses can increase the cost to serve by a considerable amount.

Cost Reduction 117

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 117

Locus

JULY 28, 2022

A delivery management software is a tech tool that automates, streamlines and digitalizes the end-to-end last-mile logistics processes. As delivery management determines customer satisfaction, it is necessary to have a tech tool like delivery management software. It is the hows that guide your purchasing decisions.

Optimization Software 52

Optimization Software Modeling Software Definition Logistics Network Optimization Software 52

Stord

APRIL 4, 2022

There are few tools in the industry that can also utilize what-if analysis to plan for segments of the year - such as seasonality, peaks/valleys based on marketing campaigns, or regional opportunity planning. This helps customers increase revenue opportunities, and reduce their risk on the cost of inventory.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Optimization Software 78