Log-hub

NOVEMBER 22, 2023

7 min read In the dynamic world of supply chain management, optimizing warehouse operations has become an indispensable factor for businesses. One of the most powerful tools employed in this endeavor is the ABCD Analysis.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Log-hub

NOVEMBER 22, 2023

7 min read In the dynamic world of supply chain management, optimizing warehouse operations has become an indispensable factor for businesses. One of the most powerful tools employed in this endeavor is the ABCD Analysis.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

TransAudit

JULY 6, 2023

Machine learning presents a solution by optimizing the flow of products from one location to another. This optimization reduces costs associated with inventory holding, improves quality, minimizes waste, and ensures products arrive in the marketplace just in time, thereby enhancing overall operational efficiency.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 52

EazyStock

OCTOBER 20, 2020

Inventory Control Techniques that use Stock Optimization Best Practices. So we thought we’d focus on the lesser known topic of ‘stock optimization’ – this is an inventory control technique that’s becoming more popular with inventory managers to improve the efficiency of their supply chain. What is stock optimization?

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

FreightWaves SONAR

FEBRUARY 4, 2021

Optimizing truckload freight spend is essential in today’s freight market. Using FreightWaves SONAR’s DHL Pricing Power Index (DHLPPI.USA) allows for the weekly analysis of pricing power between shippers and carriers based on the conditions of the current freight market. Know when to initiate renewed RFP processes.

Optimization Software 98

Optimization Software Negotiate Pricing Negotiating Skills Optimization Modeling 98

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

Logistics Viewpoints

JUNE 8, 2023

However, advancements in technology have made it possible for any company to automate and optimize their last-mile delivery operations. The High Cost of Ignoring Delivery Optimization Failing to utilize technology for optimizing delivery processes comes with a steep price.

Modeling Software 121

Modeling Software Optimization Software Supply Chain Design Software Logistics Network Optimization Software 121

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

Logistics at MPEPS at UPV

MAY 2, 2023

Logistics in Startups: Risks and Rewards Startups, typically characterized by their innovative business models and rapid growth potential, also encounter unique logistical challenges. Despite these differences, both SMEs and startups share a common interest in harnessing technology to optimize their logistics operations. Kshetri, N.

Supply Chain Software 52

Supply Chain Software Supply Chains Analysis Logistics Network 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. What is supply chain optimization? . Optimizing this process allows it to function at peak efficiency. Best practices for supply chain optimization . Optimizing Your Supply chain network .

Optimal Sourcing 62

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

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. Physical change (i.e., changing the structure of the warehouse, modifying processes, etc.)

Optimization Software 141

Optimization Software Supply Chain Design Software Modeling Software Digital 141

The Logistics of Logistics

MAY 9, 2022

Mode optimization automatically included in each quote. Mode optimization has traditionally been promised, but not delivered because the analysis was completed by people who didn’t have the data or tools. In the new model, freight brokers won’t be rewarded financially for getting a big spread (cost of truck vs price to shipper).

Optimization Software 195

Optimization Software Freight Modeling Software Price Reduction 195

Logistics Viewpoints

DECEMBER 4, 2023

More advanced solutions include real-time transportation visibility, route optimization, and telematics. Around 80% of LSPs and 68% of shippers cited the cost/ROI analysis as the biggest challenge for transportation transformations. 68% of LSPs and 56% of shippers have invested in these more advanced transportation solutions.

Modeling Software 135

Modeling Software Optimization Software Logistics Network Optimization Software Optimal Sourcing 135

Logistics Viewpoints

APRIL 5, 2023

ARC Advisory Group, where I work, publishes an analysis of the 25 manufacturers with the most mature digital transformations. Predictive analytics is used significantly more than artificial intelligence to optimize, as 35 percent are using predictive analytics compared to 17 percent for artificial intelligence.

Digital 147

Digital Supply Chain Software Supply Chain Design Software Logistics Network Optimization Software 147

ShipLilly

JUNE 23, 2021

Maintenance is carried out at optimal stages rather than following a timetable that may be written without any insight into when and how a piece of equipment is going to break down. Function 2: Optimizing manufacturing processes. Companies are optimizing their manufacturing processes through artificial intelligence.

Optimal Sourcing 87

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

Logistics Business Magazine

JANUARY 13, 2021

HERE Technologies , a leading location data and technology platform, has unveiled high-fidelity, 3D models of 75 city centers around the world to give software developers the geospatial data needed to build real-world visualizations of cities.

Modeling Software 37

Modeling Software Optimization Modeling Modeling Data 37

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. Using supply chain design to help time the investment and select the optimal location is a perfect use case. The use cases just keep expanding.

Supply Chain Design Software 121

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

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

CH Robinson Logistics

MARCH 28, 2017

Company ABC engaged with their 3PL’s supply chain engineer team, who performed a network optimization analysis and made a final recommendation to eliminate 20 of the warehouse locations. A simplified, streamlined supply chain with better visibility to inventory and optimal warehouse locations. The result? Change what?

Supply Chain Software 48

Supply Chain Software Analysis Supply Chains Networks 48

SYSPRO Smarter ERP

APRIL 17, 2023

Unfortunately, without proper processing and analysis, this data is of little use to the organization. This can lead to improved quality, reduced waste, and optimized production processes. By using BI within their ERP systems, manufacturers can optimize their processes, improve performance, and adapt to changing supply and demand.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Optimization Software 98

The Logistics of Logistics

JULY 2, 2021

Mode optimization automatically included in each quote. Mode optimization has traditionally been promised, but not delivered because the analysis was completed by people who didn’t have the data or tools. In the new model, freight brokers won’t be rewarded financially for getting a big spread (cost of truck vs price to shipper).

Freight 195

Freight Optimization Software Modeling Software Price Reduction 195

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

CLX Logistics

APRIL 22, 2024

Supply chain planning aims to ensure that the right products are available at the right place, time, and quantity while minimizing costs and optimizing overall efficiency. Digitization offers a comprehensive solution to better manage and optimize for these challenges. How efficient is your freight management system?

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 98

Logistics Viewpoints

SEPTEMBER 22, 2022

Supply Chain Design: A process where nodes, modes, flows, and policies driving a supply chain are defined, reviewed, optimized, and aligned to business objectives. Continuous Design: Continuous design is the development and ongoing refinement of optimal supply chain structures, policies, and flows.

Supply Chain Design Software 115

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

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 at MPEPS at UPV

APRIL 26, 2022

First, there is a lack of capabilities: even supply chain managers with advanced technical skills, fall way behind in the experience with data analysis techniques. The company has made significant progress in efficiency improvements and lowering costs through collecting and analysis of data, planning, and forecasting. UPS success case.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Data 52

Logistics Viewpoints

MARCH 1, 2021

Once the analysis was done for Year One set up, Year Two was pretty much the same. What PMI needed, considering the long planning horizons, was a digital and analytics network design and supply optimization tool. The tool was able to create a model going out multiple years. It was predictable.

Supply Chain Design Software 107

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

Logistics Viewpoints

APRIL 11, 2023

This approach was suitable for a time where disruptions were rare, supply and demand variability were limited, and the supply chain was optimized to lower costs and low complexity. Capabilities you should be looking to real world data modeling. Mathieu Linder is Vice President at Blue Yonder Inc.

Supply Chain Planning Software 122

Supply Chain Planning Software Scenario Planning Supply Chain Design Software Modeling Software 122

Logistics Viewpoints

MARCH 8, 2021

The solution can answer questions like where should new production or distribution capacity be located to optimally accommodate anticipated growth in demand? On top of this cost network model, the solution allows for various scenarios to be kept and compared. 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

AUGUST 28, 2023

By harnessing the power of data, EazyStock’s advanced functionality enables businesses to make smarter decisions, anticipate demand, and optimize stock levels, enhancing efficiency and profitability. As a cloud-based inventory optimization solution, EazyStock connects to your enterprise resource planning (ERP) or existing business system.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

SYSPRO Smarter ERP

JULY 3, 2023

ML systems can identify patterns from the large amounts of structured and unstructured business and industry data that companies increasingly collect, and provide analysis and insights to users to help their decision-making. Product development When designing a new product or improving an existing one, extensive data analysis is required.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Data Optimization Software 98

247 Customs Broker

JUNE 5, 2018

MarineTraffic, NAPA join forces on fleet optimization. The post MarineTraffic, NAPA join forces on fleet optimization appeared first on 247 Customs Broker.

Optimization Software 28

Optimization Software Optimization Modeling Optimization Modeling Software 28

Camelot 3PL Software

SEPTEMBER 21, 2023

Let’s delve into each level to understand how they contribute to the optimization of warehouse operations. ” Drill-down analysis is employed to dig deeper into the data and identify the underlying causes behind specific events and behaviors. The 4 Levels Explained 1. What happened? Why did it happen? What will happen next?

3PL 52

3PL Data Optimization Software Modeling Software 52

3PL Links

MARCH 5, 2024

You will learn the main reasons for implementing this operating model in today’s post, along with the kinds of businesses that ought to consider outsourcing their operations. 4) Cost optimization By putting all of the operations in one location, outsourcing your company’s logistics can save money. Have a look!

3PL 48

3PL Optimal Sourcing Operations Material Savings 48

AIMMS

FEBRUARY 2, 2015

An analysis leveraging sales data and geographical lifecycle indicators classified inventory into three major segments: Dead stock – simply an (unwelcome) snapshot of stock that has no buyer without deep discounting. So build your hypothesis, crunch the numbers, provide your evidence and produce analysis that once seen, cannot be ignored.

Optimization Modeling 84

Optimization Modeling Optimization Software Optimization Supply Chains 84

CLX Logistics

NOVEMBER 21, 2023

By knowing where you stand on this line, you can make more informed decisions regarding your fuel strategy to optimize both budget and performance. Predicted trends emphasize streamlined route identification, punctual deliveries, and optimal cost management. Often, it’s a factor that can be negotiated with the shipper.

Optimal Sourcing 95

Optimal Sourcing Manufacturing Procurement Procurement Cost Reduction 95