Logistics Bureau

JANUARY 9, 2019

Of course, it is helpful to have some statistics on hand to validate the statement above. Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. Mini Case Study: Walmart.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 118

SYSPRO Smarter ERP

NOVEMBER 17, 2021

With a solid business strategy, and a strong foundation of knowledge, you can determine the best course of action for your manufacturing business and take advantage of an ERP system to streamline business processes and maximize profitability. MYTH: Price is the most important selection criteria when choosing an ERP.

ERP 105

ERP Modeling Software Tips Procurement Solutions 105

Logistics Bureau

NOVEMBER 16, 2020

One study shows that one in three companies in the United States has jobs that are taking nine to 12 months to fill. Another study reveals that the demand for supply chain talent exceeds supply by 6 to 1. If university study is a little beyond you right now, one of the certification courses might work better for you.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 116

Logistics Bureau

JULY 18, 2022

As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy.

Inventory Reduction 107

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 107

AIMMS

OCTOBER 1, 2019

Prescriptive Analytics platforms , as defined by Gartner , “primarily focus on creating optimization solutions,” providing “data prep, prescriptive model building, model management and model deployment in various business processes.” More investment in data science . More awareness and ease of use .

Optimal Sourcing 104

Optimal Sourcing Supply Chain Planning Software Optimization Software Modeling Software 104

Blue Grace Logistics

SEPTEMBER 20, 2017

Visibility sets the stage for forming and executing plans, events, and gathering data which can both generate value for the company as well as help to reduce potential risks. Some companies believe that they can have all the visibility they need by using one platform or vendor. This is just not true.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Supply Chains Material Savings 48

AIMMS

OCTOBER 1, 2019

Prescriptive Analytics platforms , as defined by Gartner , “primarily focus on creating optimization solutions,” providing “data prep, prescriptive model building, model management and model deployment in various business processes.” More investment in data science . More awareness and ease of use .

Optimal Sourcing 83

Optimal Sourcing Optimization Software Supply Chain Planning Software Modeling Software 83

GlobalTranz

JANUARY 21, 2015

As a supply chain director, manager, or boss of a multinational corporation, where the supply chain is an integral part of your business, supply chain cost reductions are always at the forefront of your team’s mind. Vendor Managed Inventory Model for Supply Chain Cost Reductions. What is Reverse Marketing?

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

Logistics Bureau

JUNE 14, 2020

In any case, an excellent place to start is by knowing what the most vital supply chain leaders’ skills are and, of course, why you need them. As a supply chain leader, your input into IT procurement will be crucial , and you must know enough about your company’s technology needs to discuss them with vendors.

Negotiating Skills 120

Negotiating Skills Buyer Training Supply Chain Planning Software Supply Chain Software 120

The Logistics Academy

FEBRUARY 13, 2017

Darren Prokop, University of Alaska Anchorage (UAA): As in the academic world in general, there is a trend to online course delivery. Another trend is learning how to deal with the avalanche of data that supply chain managers have at their fingertips. They must know which data deserves priority for a given problem.

Supply Chain Design Software 40

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

Logistics Viewpoints

FEBRUARY 28, 2022

Supply chain vendors have been touting their investments in artificial intelligence (AI) for the last several years. In the course of updating our annual research on the supply chain planning market , I talked to executives across the industry. Artificial intelligence is beginning to be used to update the data.

Supply Chain Planning Software 169

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 169

GlobalTranz

SEPTEMBER 26, 2017

No one is perfect, so of course, no business is perfect, and it naturally follows that no supply chain is perfect. Who collects the data to inform the supply chain? A Gartner/AMR study shows that retailers typically pay anywhere between $585 and $1,000 per vendor in supply management costs. Mistakes Will Happen.

Supply Chain Planning Software 71

Supply Chain Planning Software Supply Chains Scenario Planning Cost Reduction 71

Logistics Viewpoints

JULY 18, 2022

Products, of course, can be picked up at the branches. Ferguson does 20 to 30 studies a year using this tool. A single study can drive millions in savings while maintaining or even improving service levels. During Covid, Ferguson told their vendors, “if you can only produce 40% of our orders, these are the 40% we want.

Supply Chain Design Software 132

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 132

247 Customs Broker

APRIL 5, 2018

The book (with supporting writer Edgar Blaco ), for example, quotes an executive at one company saying that “If it reduces costs we will do it; otherwise we will not” with regard to sustainability initiatives. And of course most can’t. Most sustainability books in my view do not present the full 360 view.

Supply Chain Planning Software 28

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

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. According to a study by The Insight Partners , the global 4PL market was valued in terms of revenue at $56,472.1

4PL 116

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

247 Customs Broker

MARCH 7, 2018

Machine learning can help companies make sense of all the data that can be harvested and provide recommendations on how to respond to likely disruptions or opportunities,” says Vernon. The goal is to take all this data and be instructive with it, which is where machine learning comes in. Dynamic Routing.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Software Sourcing Strategies Logistics Network Optimization Software 28

247 Customs Broker

MARCH 5, 2018

Machine learning can help companies make sense of all the data that can be harvested and provide recommendations on how to respond to likely disruptions or opportunities,” says Vernon. The goal is take all this data and be instructive with it, which is where machine learning comes in. Dynamic routing.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Software Optimization Software Optimal Sourcing 28

247 Customs Broker

APRIL 19, 2018

“The dire predictions that robots are going to take our jobs are overstated,” said Susan Lund, co-author of the study for McKinsey, adding “There will be enough jobs for everyone in most sectors.” The documentation can be useful historical data for any future endeavor. ” I wish I was that optimistic.

Supply Chain Planning Software 28

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

Logistics Bureau

APRIL 25, 2022

In any case, an excellent place to start is by knowing what the most vital supply chain leaders’ skills are and, of course, why you need them. As a supply chain leader, your input into IT procurement will be crucial , and you must know enough about your company’s technology needs to discuss them with vendors.

Negotiating Skills 107

Negotiating Skills Buyer Training Supply Chain Planning Software Supply Chain Design Software 107