The Logistics Academy

OCTOBER 18, 2017

As global supply chains become more complex and customers more demanding, the race is on to develop software applications that can effectively manage and make sense of the zettabytes of data being generated by our digital world. Of course, capturing the data and then using it to make good decisions are two entirely different things.

Supply Chain Planning Software 40

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

FreightWaves SONAR

JUNE 7, 2023

The reason they’re doing this is that they lack granular market data on contract and spot rates and prevailing service levels. Let’s look at some data. Broad-based freight market data suggests that there’s still a substantial cost-reduction opportunity in front of supply chain leaders.

Inventory Reduction 52

Inventory Reduction Cost Reduction Optimal Sourcing Price Reduction 52

EazyStock

MARCH 22, 2022

Fluctuating demand and supply volatility have made accurate demand forecasting even more challenging for two reasons: Using last year’s sales data as a base for forecasts is a ‘no go’, as demand fluctuations due to the pandemic skew the data. Use appropriate historical data. Use qualitative data.

Supply Chain Planning Software 52

Supply Chain Planning Software How To Supply Chain Design Software Supply Chain Software 52

Logistics Business Magazine

OCTOBER 9, 2023

Edward Napier-Fenning, Sales & Marketing Director of leading supply chain software company Balloon , explores five key areas that can boost performance – including route planning, picking, labour management reporting and data entry. Quite suddenly, Artificial Intelligence (AI) is everywhere.

Warehousing 61

Warehousing Sourcing Strategies Supply Chain Planning Software Resource Reduction 61

Ship Monk

NOVEMBER 21, 2022

To calculate the optimum reorder point for a particular SKU you’ll first need to know the lead time required to replenish the inventory, the expected demand during this lead-time period, and how much safety stock you have on hand. Improving Data. Demand forecasting and inventory management rely on accurate data. – 870 avg.

How To 52

How To Inventory Reduction Supply Chain Software eCommerce 52

GlobalTranz

DECEMBER 1, 2017

It does increase space, but it could lead to severe aisle congestion and unexpected delays during the putaway and replenishment process. Furthermore, use data from your existing WMS to compare the opportunities and risks from making such changes. Implement Waveless Picking Strategies. Reduce Travel Time.

Cost Reduction 60

Cost Reduction Waste Reduction Distribution Inventory Reduction 60

Ship Monk

JULY 27, 2022

We’re talking, of course, about demand forecasting, or the process of predicting customer demand for a product or service. Put simply, demand forecasting uses a variety of data to foresee customer demand and inform major business decisions, from launching new products to finding the perfect 3PL partner. What is Demand Forecasting?

eCommerce 52

eCommerce Inventory Reduction Cost Reduction Price Reduction 52

Logistics Bureau

OCTOBER 20, 2021

You see, the set of primary data needed to keep an airliner aloft is (apparently) relatively simple—and the same is true of running a supply chain organisation. These key metrics become your organisation’s “multi-function display” and give you the primary data needed to monitor and manage “normal flight conditions.”

Supply Chain Design Software 96

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

Logistics Viewpoints

APRIL 7, 2022

Adjust supply chain design more frequently than ever: As radical shifts in the centers of gravity of demand take place and the often-used transportation modes become inaccessible, organizations need to revisit their supply chain design and dynamically course correct. He received his Ph.D.

Supply Chain Design Software 143

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 143

Logistics Bureau

JULY 10, 2018

The demand-driven SCM concept therefor uses actual demand instead of error-prone forecasts to drive replenishment.” This necessity is concerning for some company leaders, who fear conflicts of interest, information leaks, and other data-security vulnerabilities. ” – Simon Eagle, Demand Driven Institute.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Design Software Inventory Reduction Supply Chain Software 48

The Logistics Academy

JUNE 29, 2017

Every day, more data than we can imagine zings across that global conduit we call the Internet. Much of that data comes directly from devices, without human intervention. Drivers carry cell phones in their cars to feed GPS locations to a traffic information and navigation service, which uses the data to detect congestion.

Supply Chain Planning Software 40

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

Logistics Bureau

NOVEMBER 16, 2020

The main lack of talent is in middle management, especially in big data analytics and supply chain planning, where the shortage is around 54%. If university study is a little beyond you right now, one of the certification courses might work better for you. Data Managers. This is expected to widen to 9 to 1 in the years ahead.

Supply Chain Planning Software 115

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

Logistics Business Magazine

JANUARY 31, 2022

Built to manage all national storage, dispatch and replenishment operations, the dedicated Mars Wrigley facility is highly automated to optimise warehouse operations in a resilient and robust way, so as to accommodate for current and forecast future demand growth. Streamlining DC Operations.

Supply Chain Design Software 54

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Cost Reduction 54

Logistics Bureau

NOVEMBER 6, 2023

Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency. Does your company use incandescent, halogen, or HID lighting in its warehouses?

Cost Reduction 107

Cost Reduction Purchasing Skills Waste Reduction Material Savings 107

3PL Links

JULY 7, 2023

The Role of Data Analytics in Supply Chain Management | Image source: Pixabay This article describes the transformation that data analysis and the supply chain are fostering and how it will impact business intelligence. Intelligence-driven businesses are interested in supply chain management and data analysis.

Supply Chain Software 48

Supply Chain Software Supply Chains Data Logistics Network Optimization Software 48

SYSPRO Smarter ERP

NOVEMBER 3, 2021

They are used to measure how effectively the warehouse processes of receiving, replenishment, fulfilment and shipping perform. Manufacturers need to set a base level using internal data and then measure the percentage change up or down against time.

Manufacturing Procurement 105

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

FreightWaves SONAR

DECEMBER 30, 2020

Data-driven transportation management , including the checks and reviews that accompany healthy data management practices, are part of the process of getting the most out of the tech stack. Throughout the supply chain, data-driven transportation management’s success is only as good as the data quality and integrity in use.

Supply Chain Planning Software 98

Supply Chain Planning Software Data Supply Chain Software Transportation 98

Logistics Viewpoints

APRIL 19, 2023

These decisions are made in a synchronized manner, using real-time or near real-time data, AI/ML and optimization technology, while having the humans setting the goals and managing the parameters. In the digital step, companies integrate all data sources to consolidate data on a cloud platform.

Supply Chain Planning Software 132

Supply Chain Planning Software Optimal Sourcing Scenario Planning Manufacturing Procurement 132

Logistics Bureau

DECEMBER 4, 2023

The answer depends, of course, on your company’s objectives and, particularly, on your customer service promises. Over the course of around 15 years, the company perfected the strategy. But what does a great inventory management strategy look like? In other words, it will be different for every enterprise or organisation.

Inventory Reduction 87

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 87

Logistics Bureau

DECEMBER 19, 2022

Of course, as this is an ultimate guide to product slotting, it would only be fitting to leave you with a statement about the cost benefits if it includes an explanation of how they come about. Slotting Increases Replenishment Efficiency. Productivity improvements in picking, replenishment, and put-away. Pretty good, right?

Production 92

Production Inventory Reduction Cost Reduction Resource Reduction 92

Logistics Viewpoints

MARCH 4, 2021

Supply chain planning involves interaction with different types of information based on internal and external data sources. These data sources are often spread across multiple platforms and come in various formats. Planners spend their precious time collecting and synthesizing the data to drive insights.

Supply Chain Planning Software 157

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

FLS Transport

JANUARY 4, 2021

And while retailers were able to modestly re-stock going into peak, data now shows that they lack adequate inventory. One data point shows inventories declined 9% year-over-year while sales increased 9%. Inventory replenishment will continue well into 2021. Industrial production and manufacturing are also coming back online.

Freight 52

Freight Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 52

247 Customs Broker

JANUARY 4, 2019

At grocery delivery service Instacart, a data science team reviews historical data to most efficiently route its shoppers through stores. And, of course, they lack drivers who need to be paid. Most retailers determine their replenishment system based on their ability to build a reasonably accurate demand profile, Bolumole says.

Logistics Network Optimization Software 28

Logistics Network Optimization Software Supply Chain Planning Software Expense Reduction Inventory Reduction 28

247 Customs Broker

MAY 16, 2018

Perhaps the best, and first, place to confirm this is by taking a look at the inventory-to-sales ratio data from the United States. Based on data issued today by the United States Department of Commerce’s U.S. Based on data issued today by the United States Department of Commerce’s U.S.

Inventory 28

Inventory Materials Handling Supply Chains Freight 28

Trinity Logistics

JUNE 6, 2022

Of course, you don’t have to give those kinds of foods up completely; just reduce your intake of them. It replenishes your supply of glucose to boost your energy and alertness in the short term while also helping with weight management and reducing your risk of type 2 diabetes and heart disease in the long term. Does it love me?

Trucking 89

Trucking Tips Refrigeration Scenario Planning 89

EazyStock

JUNE 25, 2018

You now have software handling complex calculations and data analysis for you at a much faster speed than any worker could generate. Automated inventory management eliminates any human errors and determines the best course of action for your business. Here’s what you gain with automated inventory management: Efficiency. Scalability.

Supply Chain Software 66

Supply Chain Software Supply Chain Planning Software Inventory Reduction Inventory 66

Material Handling and Logistics

AUGUST 31, 2018

The solutions to supply chain problems boil down to the right combination of three factors—technology, data and processes. Fundamentally, the solutions to supply chain woes boil down to the right combination of three factors—technology, data and processes. Data is a critical business asset. Trouble finding skilled labor”.

Supply Chain Design Software 145

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 145

247 Customs Broker

APRIL 6, 2018

Sure, every facility has plans, like min/max levels for SKUs, replenishment schedules and maybe even some local labor planning to assess if a distribution center can meet a peak season rush. The trick, of course, is how to make S&OP more effective, and thus more beneficial to managers in the trenches.

Supply Chain Planning Software 28

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

FreightWaves SONAR

DECEMBER 11, 2020

An intimate relationship exists between truckload providers and ocean import market data. Fortunately, it’s easier than ever for truckload providers to lower detention and demurrage risk with these uses of ocean import data. Improve replenishment planning with access to ocean import data. That one is the simplest of all.

Data 59

Data Supply Chain Planning Software Supply Chain Software Optimization Software 59

GlobalTranz

JANUARY 4, 2016

In a metaphorical sense, the DSN enables people and data—as well as materials, products and supplies—to travel together across the extended enterprise. He will even train it to recognize his friends at the door and of course, make sure he is able to know what is going on with his new daughter, Max, at anytime of the day.

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 91

Logistics Bureau

OCTOBER 10, 2022

Ignoring the presence of forecast biases which skew replenishment patterns. In our work with clients, we invariably find that those using some form of product segmentation and perhaps also segmenting their customers enjoy better inventory cost performance than those who apply standard inventory and replenishment rules to all their SKUs.

Inventory Reduction 114

Inventory Reduction Inventory Optimization Modeling Optimization Software 114

Conger

MAY 11, 2022

AGVs are automated material handling equipment that follows predefined paths with limited ability to make real-time corrections to its course. AMRs are automated material handling equipment that use digital maps or sensors to navigate its environment, while being able to make real-time course correction. When Were AGVs Invented?

Modeling Software 59

Modeling Software Inventory Reduction Cost Reduction Material Savings 59

Material Handling and Logistics

AUGUST 31, 2018

The solutions to supply chain problems boil down to the right combination of three factors—technology, data and processes. Fundamentally, the solutions to supply chain woes boil down to the right combination of three factors—technology, data and processes. Data is a critical business asset. Trouble finding skilled labor”.

Supply Chain Design Software 60

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 60

Logistics Bureau

JULY 18, 2022

Once you have gathered the data relating to your customers’ needs, you should be able to see if a single logistics strategy will work for your entire customer base, or whether you need to take a segmented approach. Then, you can analyse your current supply chain capabilities using the research results and your data concerning customer needs.

Inventory Reduction 106

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 106

Logistics Bureau

SEPTEMBER 28, 2020

There are, of course, some other important differences between the two types of providers: 4PL is, in general, better suited for medium-to-large businesses , while 3PL is more suited to small-to-medium businesses. Unlike a 4PL, however, it won’t manage the paint maker’s entire supply chain. 4) Industry. Print and packaging. Agriculture.

4PL 116

4PL Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software 116

Forto

JUNE 19, 2020

Traders should always consider LCL transport when the quantity of goods ordered in Asia, for example, is too small to fill a 40-foot freight container (FCL = Full Container Load ), or when replenishment is urgently needed but the supplier can only deliver part of the ordered quantity.

Transportation 52

Transportation Document Ordering Replenishment 52

World Food Programme Logistics

MAY 6, 2020

Podcast: How innovations are WFP’s allies in the fight against coronavirus World Food Programme techies and creatives are looking at ways to beat the pandemic and feed 100 million people in 80 countries A woman waits to replenish her SCOPE card. HungerMap LIVE can hone in on the food security situation at both national and subnational levels.

Buyer Training 52

Buyer Training Training Logistics Network Optimization Software Security 52