Logistics Business Magazine

APRIL 17, 2024

Not receiving a child’s birthday present on time or not receiving paper instructions after purchasing a piece of furniture are good examples of customer frustrations. No matter how excellent customer service interactions are, issues like these deeply impact experience and ultimately brand loyalty.

Supply Chain Software 65

Supply Chain Software Supply Chains Optimal Sourcing Optimization Software 65

AIMMS

NOVEMBER 12, 2019

So should the purchasing process. . RFIs tend to work well for certain industries (like government) or for purchasing equipment and industrial assets, bu t t hey often fall short in helping supply chain teams select a new software vendor. There is valuable time and effort put in by both the supplier and the purchasing party.

Procurement Solutions 62

Procurement Solutions Supply Chain Planning Software Modeling Software Supply Chain Software 62

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. At a high level, what GEON does is purchase plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. Mr. Herrin was a good fit.

Supply Chain Planning Software 141

Supply Chain Planning Software Supply Chain Transformation Scenario Planning Supply Chain Software 141

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. It’s vital to maintain excellent supplier relationships. Use qualitative data.

Supply Chain Planning Software 52

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

FreightWaves SONAR

MARCH 5, 2021

But that concept often falls by the wayside in supply chain analytics, especially when assessing the accuracy of predictions using freight data or a forecasting engine. Predictive insights take massive amounts of data from market conditions and yield a potential outcome of what is likely to occur. USA and FWSR28.USA

Freight 98

Freight Cost Reduction Expense Reduction Price Reduction 98

Locus

FEBRUARY 27, 2023

Before that, he wanted to purchase a pair of shoes from a nearby store. The shopkeeper presented him with two sets of Nike shoes. Time to value is the time customers spend to derive value from the purchased product. This time between purchasing the shoes and deriving value from them is what we call business as the time to value.

Optimization Software 52

Optimization Software Procurement Solutions Eliminating Excel in Purchasing Purchasing Skills 52

GoShip Blog

MARCH 7, 2023

Encourage customers to provide reviews of your business According to PowerReviews , about 95% of consumers read reviews before making any purchasing decision. Besides influencing consumer purchasing decisions, reviews also help you understand how your customers feel about your business.

Tips 52

Tips Logistics Network Optimization Software Procurement Solutions Waste Reduction 52

Logistics Business Magazine

JANUARY 20, 2022

Online buying will continue to fuel growth in home deliveries, presenting challenges that demand new strategies. The pandemic saw an increase in ecommerce that is set to continue in 2022 as the changes in consumer buying behaviour become more structural. Machine learning will go mainstream in supply chain technology.

Supply Chain Planning Software 56

Supply Chain Planning Software Supply Chain Software Supply Chains Price Reduction 56

Talking Logistics

JANUARY 30, 2018

It only takes a simple example to remind you how e-commerce continues to evolve and the potential it has to disrupt traditional markets, supply chains and even governments. Let me tell you how international e-commerce is changing one buying pattern and why it will reshape global logistics operations and government import regulations.

Eliminating Excel in Purchasing 75

Eliminating Excel in Purchasing Supply Chain Planning Software Government Logistics Network Optimization Software 75

Ship Monk

JULY 17, 2023

ShipMonk, for example, has relationships with all major shipping carriers. Add to that, when you pool all those shipping carriers together, you have access to a range of shipping services too, for example economy, 2-day , and overnight. ShipMonk, for example, has the Virtual Carrier Network (VCN). 3PLs handle all that for you.

eCommerce 52

eCommerce Logistics Network Optimization Software 3PL Supply Chain Software 52

Logistics Bureau

OCTOBER 26, 2020

As legislation focuses ever more heavily on environmental protection though, and consumers increasingly consider sustainability in their purchasing decisions, all supply chain organisations will need to find the way forward. Meanwhile, Big Data analytics, AI, and machine learning can have a significant impact on supply chains.

Supply Chain Planning Software 102

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 102

Logistics Bureau

AUGUST 1, 2022

Often, in our experience, the problem is a human one… It’s not the data, not the process, not the technology, or the strategy, but the people. Pundits typically emphasize data and digital technology when proselytising for the S&OP concept. But what makes it so challenging to implement S&OP successfully? The Demand Planner.

Supply Chain Planning Software 105

Supply Chain Planning Software Scenario Planning Operations Supply Chain Design Software 105

WorkWave

SEPTEMBER 2, 2021

Many prospective business owners steer clear of such ventures due to the hassles they can present. Buy an Appropriate Delivery Route. Usually, you not only buy a route with an established business presence, but you also purchase the equipment needed for such services. Or do you plan on hire purchase options?

Logistics Network Optimization Software 52

Logistics Network Optimization Software How To Optimization Software Procurement Solutions 52

Talking Logistics

OCTOBER 15, 2018

Especially since many retailers have already purchased and shipped their goods ahead of the looming tariff changes. Collaboration on product lifecycle management (PLM) data can provide advantages during initial costing and material acquisition. This is never more necessary than when preparing for the holiday season.

Inventory Reduction 60

Inventory Reduction Inventory Supply Chain Planning Software Logistics Network Optimization Software 60

Ship Monk

JANUARY 30, 2023

Example—In the case of a lost or undeliverable package, a customer-first ecommerce merchant can step up to the plate immediately by contacting the shipping carrier to determine the cause of the problem and sharing this information with buyers so they know when to expect delivery or reshipment. doesn’t matter.

eCommerce 52

eCommerce Supply Chain Planning Software Inventory Reduction Supply Chain Software 52

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 89

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 89

WorkWave

AUGUST 24, 2020

Typical duties of an analyst include collecting and interpreting data, developing ways to improve workplace results, examining company and client needs, finding new ways to organize inventory, implementing a logistics and distribution software solution , or even completely changing the way operations are managed.

Logistics Network Optimization Software 52

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

Conger

MARCH 22, 2024

Boosting Operational Efficiency AGVs excel in efficiency, outperforming even the most experienced workers by autonomously transporting materials across distribution centers or delivering parts directly to manufacturing assembly lines.

Materials Handling 78

Materials Handling Material Savings Supply Chain Software Cost Reduction 78

Talking Logistics

APRIL 12, 2017

Logistics Excellence: Now & in the eFuture. As I wrote last June, investments are rising in Supply Chain Operating Networks and Descartes is a prime example of this trend in action — a trend that I predict will continue to gain momentum in the months and years ahead. Will this include drone deliveries?

Supply Chain Planning Software 67

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chains 67

Talking Logistics

JUNE 5, 2017

There are many reasons why, as I’ve discussed in previous posts and Talking Logistics episodes , including: Supply chain data is stored in too many systems, in too many formats, across many companies and geographies. Nobody really owns or is accountable for supply chain visibility and data quality management.

Supply Chain Software 73

Supply Chain Software Supply Chains Manufacturing Procurement Eliminating Excel in Purchasing 73

Logistics Bureau

DECEMBER 20, 2021

Inventory Turns: An Illustrative Example. Here’s an example of the total calculation of inventory turns: Company A has COGS of $315 million for the year 2020. So to return to Company A in the previous example, the calculation would be as follows: 365/6.76 = 53.99. Total value of inventory = $50,000,000.

Inventory Reduction 93

Inventory Reduction Inventory Cost Reduction Purchasing Skills 93

Conger

MARCH 22, 2024

Boosting Operational Efficiency AGVs excel in efficiency, outperforming even the most experienced workers by autonomously transporting materials across distribution centers or delivering parts directly to manufacturing assembly lines.

Materials Handling 74

Materials Handling Material Savings Supply Chain Software Cost Reduction 74

Logistics Bureau

JANUARY 1, 2018

The following are examples. A key example is the expert system. This AI tool is based on data and rules. With more data and greater processing power now available, computers that learn by themselves have become more feasible. Using ML, a computer automatically finds patterns in data. Image processing is an example.

Supply Chain Planning Software 64

Supply Chain Planning Software Supply Chain Software Supply Chains Modeling Software 64

The Logistics of Logistics

MAY 18, 2022

Every single business should be able to democratize an excellent delivery experience and provide it to their customers. Visibility is important but once you get that data, all of a sudden, you go, “All this data about visibility is important.”. You start having all the data, bringing AI and some other tools against it.

Logistics Network Optimization Software 195

Logistics Network Optimization Software Optimization Software Supply Chain Software eCommerce 195

Logistics Bureau

OCTOBER 26, 2020

As legislation focuses ever more heavily on environmental protection though, and consumers increasingly consider sustainability in their purchasing decisions, all supply chain organisations will need to find the way forward. Meanwhile, Big Data analytics, AI, and machine learning can have a significant impact on supply chains.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 62

Ship Monk

AUGUST 17, 2023

For example, are you selling on Amazon to primarily attract new customers, or are you using it as an extension of an already established online business? They purchase the inventory from you, you prep and ship it, they store it in their warehouses, and handle all post-purchase customer interactions.

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Purchasing Skills Cost Reduction 52

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. Your flexibility will give those creative thinkers the confidence to present their ideas, since they know that you will adopt them if it makes sense to do so. Those days are gone, however.

Negotiating Skills 107

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

FourKites

DECEMBER 8, 2020

We leverage these panel discussions to validate product ideas and guide our product roadmap, create champions and buy-in for our brand, and gather intelligence about the state of the industry. The Customer Advisory Board is one very high-profile example of that commitment, but it’s far from the only one. It really is as simple as that.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Software Supply Chain Design Collaboration 52

AIMMS

JUNE 23, 2016

Gartner’s Noha Tohamy offered a great presentation about this at their recent Supply Chain Executive Conference. Another example, this time in the oil industry, would be an oil blending app. You don’t need a large team to start building your own Supply Chain Analytics Apps, but you do need buy-in from the start.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 62

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. Your flexibility will give those creative thinkers the confidence to present their ideas, since they know that you will adopt them if it makes sense to do so. Those days are gone, however.

Negotiating Skills 120

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

Logistics Bureau

MARCH 14, 2018

In addition, while rivers and mountains stay where they are, other geographical features, like conurbations, change over time; associated factors such as labour availability and customer buying habits may change even faster. Now There are Data Warehouses Too. Premium orange juice for example has a storage life of about 65 days.

Supply Chain Software 65

Supply Chain Software Warehousing Automation Supply Chain Design Software 65

AIMMS

JUNE 23, 2016

Gartner’s Noha Tohamy offered a great presentation about this at their recent Supply Chain Executive Conference. Another example, this time in the oil industry, would be an oil blending app. You don’t need a large team to start building your own Supply Chain Analytics Apps, but you do need buy-in from the start.

Supply Chain Planning Software 54

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 54

Blue Grace Logistics

MAY 10, 2019

This is especially important when trying to maintain retail compliance, for example, with increasing customer demands like On Time; In Full (OTIF) or Must Arrive By Date (MABD). For example, are your planners and purchasers communicating properly, not only with each other but with the production floor and shipping department?

Supply Chain Planning Software 54

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 54

Logistics Bureau

APRIL 11, 2019

However, some of them are better than others for gaining the essential all-around supply chain knowledge that will not only help you identify where you would like to specialize going forward, but will also boost your value to your employer and present opportunities for advancement. Aiding in purchasing and inbound logistics management.

Supply Chains 67

Supply Chains Security Purchasing Skills Scenario Planning 67

World Food Programme Logistics

MAY 7, 2019

Collaborating with Cargill, the WFP Innovation Accelerator introduces teams to innovation techniques such as human-centered design and lean startup methodologies, integrating WFP’s operational excellence. The core of HTA relies on OpenStreetMap, eliminating the need to invest in data, so that updating the maps remains sustainable.

Modeling Software 40

Modeling Software Food and Agriculture Optimization Software Cost Reduction 40

Logistics Bureau

OCTOBER 11, 2021

But shortages are anathema , because it’s too easy for your customers to buy from competitors if you can’t fulfil their needs—and once customers defect, you might never get them back. For example, you might: Diversify your supply base , so you’re not too reliant on a single source. How to Improve Product Availability.

eCommerce 62

eCommerce Supply Chain Planning Software Negotiating Skills Material Savings 62

GlobalTranz

FEBRUARY 25, 2015

Editor’s Note: This is our second post in a collaborative blog post series about mobility in manufacturing & logistics along with Catavolt, who helps manufacturing organizations drive operational excellence with mobile apps. IoT makes use of Radio Frequency Identification (RFID) chips that “talk” to each other.

Manufacturing Procurement 107

Manufacturing Procurement Optimization Software Logistics Network Optimization Software Supply Chain Planning Software 107