Conger

FEBRUARY 22, 2023

Here’s a simple order picker definition: Order pickers are material handling equipment used to pick and transport items from shelving or pallet racking to help fill orders in warehouses and distribution centers. This can also boost productivity and efficiency in the warehouse. In this way, it's almost like a train and track system.

Definition 52

Definition Ordering Modeling Software Picking 52

GlobalTranz

MAY 18, 2021

Examples include Tarps, dunnage, layovers, detention, etc. Blockchain : A unique traceability service-ledger that builds immutable blocks of information and prevents all risk of tampering with data. Commodity: Any article of commerce, including raw material, manufactured, or grown products. All-in Line Haul: FSC + Line Haul.

Definition 62

Definition Logistics Network Optimization Software Transportation Modeling Software 62

Logistics Viewpoints

AUGUST 15, 2022

Alex Zhong, Director Product Marketing at GEP. The survey’s results suggest a series of misalignments where gaps in process, technology and information flow can be a drag on productivity and optimization. By ARC’s definition, when a business spend management solution is used for direct procurement it is an MSCN.

Manufacturing Procurement 131

Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 131

Trinity Logistics

JANUARY 19, 2024

Now, there’s a lot of definitions out there, but here’s how I define it. Generative AI is first trained on a foundational model and then fine-tuned with human feedback and additional data. Its responses are based on data it has consumed and a resultant powerful prediction mechanism. What is Generative AI?

Supply Chain Software 114

Supply Chain Software Logistics Network Optimization Software Modeling Software Supply Chains 114

Logistics at MPEPS at UPV

MAY 6, 2023

One such example is the concept of warehousing, which, despite having a shared fundamental definition of a place to store goods, takes on nuanced interpretations within different contexts. Digital warehousing involves the procurement, management, secure storage, and exploitation of individuals’ personal data.

Warehousing 40

Warehousing Digital Optimal Sourcing Inventory Reduction 40

Logistics Viewpoints

MARCH 9, 2023

This is because most classical planning solutions lack the modeling capability and computing power to accommodate different data sources, large SKU count, and detailed constraints and contingencies to build an immediately executable plan. each with discrete plans generated typically in sequential batch runs.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Software Scenario Planning Optimization Software 120

Logistics Viewpoints

MARCH 4, 2021

It includes all of its elements: customers, sales channels, products, warehouses, logistics network, and the interactions between them. Supply chain planning involves interaction with different types of information based on internal and external data sources. This includes internal and external data sources.

Supply Chain Planning Software 157

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

Ship Monk

JANUARY 16, 2024

Is your ecommerce business growing so quickly that you’re having trouble keeping products in stock? Let’s start with a few definitions. A perpetual inventory system also collects important sales data that can aid in forecasting demand and become a powerful analytical tool for accounting, finance, marketing, and sales teams.

Inventory Reduction 73

Inventory Reduction Inventory Supply Chain Software Logistics Network Optimization Software 73

EazyStock

JULY 22, 2021

But first – let’s get a definition: What is inventory demand forecasting? Historical data trends and market knowledge of how demand can fluctuate are often used to forecast inventory demand. If you analyzed the historical sales data of every product in your warehouse, you’d find that the demand for different items varies considerably.

Inventory Reduction 105

Inventory Reduction Inventory Optimization Software Procurement Solutions 105

Now, That's Logistics

NOVEMBER 9, 2021

For example, retailers are investing in digital platforms to reach consumers dispersed over a vast land mass while responding to competition from global e-tailers. The International Trade Association says fashion is currently the leading product category, followed by electronics and media. First Tenant Moves in.

Supply Chain Planning Software 147

Supply Chain Planning Software Supply Chain Design Software Ordering Optimization Software 147

Talking Logistics

FEBRUARY 20, 2018

When you’re in the market for a TMS, it’s important to look beyond terms like SaaS or cloud in order to really understand your hosting options, how the data model will enable better business efficiencies and service, and the ease of integrations. Data Models Influence Flexibility. This is a true multi-tenant SaaS offering.

Modeling Software 61

Modeling Software Logistics Network Optimization Software Modeling Data 61

PINC

AUGUST 3, 2020

Supply chain complexity is increasing as customers demand a wider selection of products, a broader choice of channels, and more promotional offers. The problem is that there is no standard definition for OTIF. For example: Does “on-time” mean on the date requested by the retailer, or the date promised by the manufacturer?

Definition 52

Definition Supply Chain Software Supply Chains Inventory Reduction 52

Ship Monk

AUGUST 22, 2022

SKUs allow business owners to keep track of their products in terms of managing inventory levels, differentiating between products, and tracking products from vendor to customer. Products are assigned different SKUs based on a variety of factors such as: type, category, price, manufacturer, model, style, color, and size.

Inventory Reduction 52

Inventory Reduction eCommerce Inventory 3PL 52

Logistics at MPEPS at UPV

MARCH 28, 2022

through autonomous transport systems), and production optimization. through autonomous transport systems) and production optimization. AI and ML offer the possibility to data streams in one model and thus discover facts and dependencies. Today, AI recognizes the path from data input to data output itself.

Optimization Modeling 40

Optimization Modeling Optimization Software Modeling Software Logistics 40

Ship Monk

FEBRUARY 3, 2024

These people are genuinely interested in your product — so much so, that they have purchased your products. Direct mail, while not as eco-friendly and far more expensive, can be used to deliver a coupon to infrequent shoppers, or communicate big events, such as an annual sale or new product drop. Easier said than done.

eCommerce 82

eCommerce Tips Procurement Solutions Logistics Network Optimization Software 82

Forto

JULY 25, 2018

Few topics hold the prestige of logisticians like Big Data. The applications of Big Data in business are numerous. In freight management, Big Data yields opportunities for improvement. The reason behind the application of data is immense. The ways we collect data has evolved too. Why Is Big Data Important?

Supply Chain Planning Software 40

Supply Chain Planning Software Data Optimization Software Optimal Sourcing 40

Now, That's Logistics

SEPTEMBER 14, 2021

By putting data into the hands of the companies, business partners, and customers that want it, supply chain visibility helps all stakeholders track products from the point of manufacture to the final destination—and all points in between. Break down your data silos. Add a transportation visibility platform to your tech stack.

Supply Chain Software 78

Supply Chain Software Supply Chains Logistics Network Optimization Software Inventory Reduction 78

GlobalTranz

FEBRUARY 25, 2021

Reverse logistics refers to all operations related to the reuse of products and materials. Remanufacturing and refurbishing activities also may be included in the definition of reverse logistics.”. Normally, logistics deal with events that bring the product towards the customer. Managing return logistic can be challenging.

Reverse logistics 84

Reverse logistics Inventory Reduction Cost Reduction Material Savings 84

Material Handling and Logistics

NOVEMBER 8, 2018

The trouble with this definition is that it doesn’t explain what exactly changes in supply chain management—that is, what gets “transformed”—when digital technologies are adopted. Since there didn’t seem to be a clear definition of digital supply chain transformation available, I developed one from first principles.

Supply Chain Planning Software 134

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 134

Ship Monk

MAY 1, 2023

No two days are ever the same, and your warehouse-storage needs are a prime example. In order (pun intended) to maximize your profits, it’s important to dig a little deeper so you can strike the right balance between not wasting space and having enough product to go around. How many SKUs do you have in your product line?

Inventory Reduction 52

Inventory Reduction eCommerce Supply Chain Planning Software Inventory 52

Ship Monk

JULY 7, 2022

As online shoppers, we see examples of minimum order quantity everywhere. This article will define minimum order quantity, show you some examples, and help you decide if it’s the right strategy for the type of items you sell online. Minimum Order Quantity Definition. Product Level MOQ. to your cart to get free shipping!”

Purchasing Skills 88

Purchasing Skills eCommerce Ordering Negotiating Skills 88

Logistics Viewpoints

MAY 24, 2021

With the onset of the Covid-19 pandemic, Cardinal Health made the decision they needed enhanced visibility into PPE shipments as demand for these products surged. The pharma segment distributes branded and generic pharmaceutical, specialty pharmaceutical and over-the-counter healthcare and consumer products to retailers.

Optimal Sourcing 83

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Supply Chain Software 83

Logistics Viewpoints

NOVEMBER 28, 2022

Definitions of agility, resilience, visibility, and end-to-end collaboration are all very much tied together. For example, if a company had built up safety stock, and the inbound supply of components needed to make a product is disrupted, the company can still respond to customer demand without breaking a sweat.

Supply Chain Planning Software 115

Supply Chain Planning Software Scenario Planning Optimal Sourcing Manufacturing Procurement 115

Logistics Viewpoints

APRIL 24, 2023

Raja Hammoud, EVP of Products at Coupa, speaking on the main stage at Coupa Inspire Coupa recently completed its Inspire conference. The cloud also allows access to Big Data, which greatly improves the platform’s ability to do machine learning. 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

IoT World Today

MARCH 27, 2020

Bouncing back more quickly, said experts, will require supply chain managers to turn to new ways of managing the supply chain, including using Internet of Things (IoT) data, analytics and machine learning (ML). While the disruption is now global, its starting point was in China — the 800-pound gorilla in global production.

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Procurement Analytics 145

Ship Monk

JANUARY 6, 2023

If you’re in the business of manufacturing or purchasing products, and fulfilling and shipping orders, these distinctions become pretty important. We’ll give you the definitions for SKU, UPC, and barcode, and cover their differences and how each is used. A barcode is a method of representing data in a visual, machine-readable form.

Manufacturing Procurement 59

Manufacturing Procurement eCommerce Purchasing Skills Supply Chain Software 59

3PL Links

JULY 26, 2023

As a result, the implementation of AR in this sector streamlines all operations, updates the infrastructure, and offers much faster and more precise access to the required data. Additionally, there are other advantages, including decreased errors, streamlined procedures, and increased production.

Supply Chain Planning Software 62

Supply Chain Planning Software Operations Supply Chain Design Software Sourcing Strategies 62

The Logistics of Logistics

FEBRUARY 11, 2022

In the Cloud model, upfront costs primarily consist of: WMS implementation (requirements definition, system configuration, system and user acceptance testing, integration to existing corporate and/or material handling systems, go-live support, etc.). Some WMS vendors combine the WMS subscription fee and other fees into a single monthly cost.

Modeling Software 221

Modeling Software Logistics Network Optimization Software Cost Reduction Vendor Strategies 221

Globalior

MAY 15, 2020

What is artificial intelligence The definition of artificial intelligence(AI) is one that has evolved with the passage of time. As far as its definition in academic circles is concerned, opinions differ. For the purpose of this article, we will consider this lay man’s definition when talking about AI. What is supply chain?

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 52

GlobalTranz

MAY 8, 2017

Imagine a world where automation comes together with technology to deliver products without human intervention. 3D printers pickup the details and print the finished product. The trucks leave the facility, and drones are automatically dispatched from the truck to deliver products while moving. An order is placed by a consumer.

Supply Chain Software 75

Supply Chain Software Supply Chains Automation Trends 75

Logistics Viewpoints

APRIL 15, 2021

In my Logistics Viewpoints article in January 2021, “ The New Definition of Supply Chain Agility and Resilience in an Unpredictable World ”, I highlighted that modern supply chains must be built on a foundation of extreme agility and responsiveness. In fact, it may lead to increased variable costs. It should also be shared downstream.

Supply Chain Planning Software 149

Supply Chain Planning Software Supply Chain Software Supply Chains Digital 149

Talking Logistics

DECEMBER 19, 2018

They still rely on paper-based, manual processes; they lack electronic connectivity with most of their trading partners; their data quality is still poor (inaccurate, incomplete, and/or not timely); and they have failed to modernize their IT systems. Source: CIO ).

Digital 61

Digital Optimization Software Optimal Sourcing Logistics Network Optimization Software 61

GlobalTranz

DECEMBER 11, 2014

Today begins our series about electronic data interchange or EDI in transportation. In this series, we will first talk about how EDI in transportation works and what it is, covering the history of EDI in transportation, the definition, how it works technically, and then some common EDI codes used within the transportation industry.

Data 105

Data Transportation Document Inventory Reduction 105

Sabinext

JANUARY 15, 2021

Automation simply makes sense, as it goes hand in hand with labor cost savings, greater productivity, more flexibility, improved safety, and less errors. More resilience requires moving away from a single sourcing strategy to diversification (China +1, for example) and more distributed safety stocks enabled by central visibility.

Supply Chain Software 87

Supply Chain Software Supply Chain Design Software Supply Chain Design Supply Chains 87

Now, That's Logistics

JULY 27, 2021

From product shortages to port congestion to an ocean container shortage, the number of obstacles standing in the way of an easy shipping experience seem to be mounting almost daily. During the week of May 30 th , for example, Yantian’s container dwell times rose to eight days and were expected to reach as high as 18-21 days by early-June.

Supply Chain Planning Software 78

Supply Chain Planning Software Tips Supply Chain Software Logistics Network Optimization Software 78

GlobalTranz

DECEMBER 4, 2014

Editor’s Note: This is a guest blog from Paul Aureli a Marketing Associate at Crossroads MC , a company who optimizes current manufacturing systems through the use of their technology products. You must pay attention to the sequence of the logic offered in the data. How often are we questioning the logic and facts?

Data 99

Data Optimization Software Logistics Network Optimization Software Resource Reduction 99

Conger

JULY 30, 2021

In this article, you’ll learn: The definition of omnichannel distribution. A simple omnichannel distribution definition is that it’s a way of giving consumers the freedom and ease to buy and receive orders from any sales channel they choose. For instance, they can order online and have their products shipped to the store for pickup.

Inventory Reduction 52

Inventory Reduction Distribution Vendor Strategies Waste Reduction 52