Trinity Logistics

JANUARY 19, 2024

Foundational Model This is where the training/learning takes place, where you’re teaching the AI how to look at things and look at input. Generative AI is first trained on a foundational model and then fine-tuned with human feedback and additional data. But you must make sure you’re on the right (private) version of the tool.

Supply Chain Software 114

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

Logistics Viewpoints

DECEMBER 5, 2023

It is important to have a robust incident response plan in place for your distribution operation in the event of a cybersecurity breach. This plan should outline specific steps to be taken in the event of a breach, including who to contact and how to contain and mitigate the damage.

Supply Chain Planning Software 143

Supply Chain Planning Software Supply Chain Design Software Scenario Planning Vendor Strategies 143

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

GlobalTranz

APRIL 13, 2021

Your organization’s ability to anticipate disruption, adapt to events, and build resiliency is rooted in how you maintain operational continuity. A wide range of events could prevent your supply chain from operating normally, but not all events have an equal impact. The average cost of a data breach reached $3.86

Supply Chain Planning Software 82

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 82

FreightWaves SONAR

APRIL 8, 2021

Data represents an integral part of daily life for most people, and it is no different within the transportation industry. That insight into how freight logistics and optimization rely on data and understanding the full picture is critical to making the best improvements in supply chain route optimization too.

Optimization Software 98

Optimization Software Optimization Data Supply Chain Planning Software 98

GlobalTranz

FEBRUARY 8, 2016

Here’s how you can improve manufacturing floor data collection, long-term. A key component of any manufacturing process is data collection. However, are you starting to outgrow your manufacturing floor data collection system ? At one point, every program used to record data was being used by no fewer than 21 managers!

Manufacturing Procurement 66

Manufacturing Procurement Data Optimal Sourcing How To 66

EazyStock

MARCH 17, 2021

In this piece, we’ll take a look at some of the top types of supply chain disruptions, the impacts that they have on your supply chain, how to mitigate whatever risk you can and finally how you can handle supply chain disruptions once they occur and come out on top. Black Swan Events. Types of Supply Chain Disruptions.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 78

Locus

OCTOBER 21, 2022

Now almost two years since the black swan event, the trend continues, evolving into much grander, ‘revenge festivities’. According to United States Census Bureau data , advance estimates for U.S. This is also how you equip them for excellence. There seems to be a similar uptick across other geographies as well.

Supply Chain Planning Software 52

Supply Chain Planning Software Meeting Optimal Sourcing How To 52

Stord

JANUARY 26, 2021

To keep up with the resulting complexity to the supply chain, brands have been relying on third-party logistics partners and manually piecing together long contracts, RFPs and limited software capabilities with their own third-party integrators and multiple software tools.

Supply Chain Planning Software 78

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

Logistics Bureau

NOVEMBER 16, 2020

You are not alone, especially as in the time since we first penned this article, one huge and unforeseen event has raised awareness of the global importance of this vital sector—and shown it to be an attractive career choice. That event was the global COVID-19 pandemic, which erupted during the first half of 2020. Networking.

Supply Chain Planning Software 115

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

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. How to overcome demand forecasting challenges. Use appropriate historical data.

Supply Chain Planning Software 52

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

Talking Logistics

APRIL 17, 2018

Again and again, digitization and data were at the heart of panel and networking conversations. Even headline speakers were professing “data got sexy” and data is now a core strategy for companies looking to succeed. Supply chain leaders are wanting their organizations to be data-driven.

Supply Chain Design Software 69

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Supply Chain Design 69

FreightWaves SONAR

DECEMBER 29, 2020

However, the application of such data does not necessarily translate into meaningful improvements within day-to-day operations. Yes, analytics add value, but that value often gets overshadowed by the sheer volume of freight data insights available. And it’s in this space where big data analytics can add the most value.

Data 52

Data Negotiating Skills Transportation Supply Chain Software 52

Logistics Viewpoints

JANUARY 25, 2024

Instead start with the foundation of your AI strategy, which should be an understanding of your company’s supply chain and your data. Consider a planner in Brazil working with the previous lead time prediction example, who has forgotten how to update the parameters.

Supply Chain Planning Software 139

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 139

Logistics Business Magazine

MARCH 13, 2024

Supply chain disruption: how to navigate ‘never normal’ distribution networks, by Andy Grygiel (pictured), CMO at project44. And as climate change triggers an increased number of extreme weather events, organisations today rely on weather condition data to ensure their supply chains continue to run smoothly.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Supply Chains Modeling Software 59

FourKites

DECEMBER 11, 2020

We’ll list some examples of inventory risks below, but generally speaking, inventory risk cost can be assessed as the probability of any event occurring which can damage or cause you to lose your investment in that inventory, coupled with the total value of potential lost goods. How to calculate inventory carrying cost.

Inventory Reduction 52

Inventory Reduction Cost Reduction Expense Reduction Resource Reduction 52

Logistics Viewpoints

MARCH 25, 2021

How To Overcome Supply Chain Disruption. Your organization’s ability to anticipate disruption, adapt to events, and build resiliency is rooted in how you maintain operational continuity. A wide range of events could prevent your supply chain from operating normally, but not all events have an equal impact.

Supply Chain Planning Software 185

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 185

Ship Monk

FEBRUARY 9, 2024

Demand forecasting is the process of estimating how many units of each product you’ll need to cover demand for a given sales period, without running out of stock or having to take excessive post-holiday markdowns. All of them rely on data, whether you’re using historical data or new findings gathered from consumer research.

eCommerce 85

eCommerce Inventory Reduction Operations Modeling Software 85

Logistics Viewpoints

JANUARY 17, 2023

Despite their best efforts, current events and market dynamics caught up with them, leading to issues managing their suppliers and sourcing the materials needed for their products. How to Move Forward. A holistic, unified view of sourcing that brings bills of material, master data management and downstream systems.

Supply Chain Software 116

Supply Chain Software Optimization Software Optimal Sourcing Logistics Network Optimization Software 116

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). And “it’s a great tool,” but there are more sophisticated, more accurate tools to do sourcing.

Supply Chain Planning Software 145

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

GoShip Blog

SEPTEMBER 1, 2020

Here are a few useful tips on how to get armed for the busy season as a small business: How to prepare your small business for the peak season? Recent events in the global economy have shown companies that they need to be more flexible and resilient. Use data to plan. Competitive rates.

How To 40

How To Expense Reduction Inventory Reduction Price Reduction 40

GoShip Blog

JUNE 20, 2022

Store owners attend trade shows and go from booth to booth, learning about various products and sometimes placing orders at the event depending on how impressed they are with the product. Show them the demographic data of your customers, numbers depicting your business growth, and future projections. Use numbers and analytics .

Production 52

Production How To Presentation Meeting 52

Ship Monk

JUNE 30, 2023

We’re going to show you how to identify KPIs for your business by breaking the process down into three parts. Fortunately, most metrics are tracked automatically, using various tools and software systems. Non-compliance Events and Incidents: The number of days or hours lost due to injuries or non-compliance issues.

eCommerce 52

eCommerce Inventory Reduction Manufacturing Procurement Procurement Analytics 52

Logistics Viewpoints

DECEMBER 13, 2022

If a strike is a flood – a sudden event that can occur suddenly with catastrophic effects – the loss of supply chain talent is a slow leak. survey, 28% reported plans to change jobs in the coming year (echoing the LinkedIn data referenced above), a higher rate than before the pandemic. Better, integrated tools, and no wonder.

Supply Chain Planning Software 114

Supply Chain Planning Software Supply Chain Software Supply Chains Modeling Software 114

EazyStock

NOVEMBER 21, 2019

Forecasting accuracy can be affected by ‘outliers’ or ‘fliers’ in the data. An outlier is a data point that is not considered to be part of the overall pattern of demand for a product. A demand outlier can either be overly high or overly low compared to other data points in the data series.

Optimization Software 40

Optimization Software How To Inventory Reduction Procurement Solutions 40

Ship Monk

FEBRUARY 3, 2024

Email vs. Other Forms of Communication For many years, email has been the gold standard of communication tools for DTC businesses. 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. The downside?

eCommerce 82

eCommerce Tips Procurement Solutions Logistics Network Optimization Software 82

FourKites

DECEMBER 11, 2020

For example, many of our customers use tools like FourKites Notification Rules, encrypted links and watcher settings to simultaneously alert key stakeholders both within their organization and their customer base when critical events occur in the lifetime of a load in transit. Supply Chain Visibility.

Vendor Strategies 52

Vendor Strategies Cost Reduction Supply Chain Design Software Supply Chain Software 52

GoShip Blog

DECEMBER 23, 2022

The sudden increase in demand can be because of seasonal events like holidays, extreme weather, or social media trends. How to Reduce Backorder? Inventory management systems also provide data-driven insights and analytics to help you set appropriate reorder points and improve your stock forecasting.

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Cost Reduction Material Savings 52

WorkWave

OCTOBER 17, 2023

Giannetto, WorkWave CEO, and Jill Davie, CXO, will host a dynamic session titled, How to Shape Your Customer Journey on Thursday, October 19, that will leave attendees with a clear plan as to how pest companies can build a customer journey that ultimately drives sales, recurrent revenue, loyalty and overall value in an increasingly digital world.

After-sales 111

After-sales Events Digital Presentation 111

SYSPRO Smarter ERP

DECEMBER 14, 2023

An ERP system is a repository of data from all functions of a business. A system with a powerful extensibility capability can be used to collect data from external partners as well. Having a wider view of data, e.g., from suppliers, can provide insights into streamlining sustainability operations.

Manufacturing Procurement 52

Manufacturing Procurement ERP Optimal Sourcing Optimization Software 52

Logistics Viewpoints

MAY 11, 2023

The concept of digital twins has emerged as a powerful foundational tool to drive improvements in warehouse productivity and efficiency. If the digital twin extends beyond the DC to the supply chain, you can have a better evaluation of the entire chain’s responsiveness to these types of events. come with any of them.

Optimization Software 142

Optimization Software Supply Chain Design Software Modeling Software Digital 142

EazyStock

OCTOBER 23, 2020

Seasonal demand is defined as a certain time series with repetitive or predictable patterns of demand due to re-occurring seasonal events. How to forecast for seasonal demand. For more tips on forecasting, check out our whitepaper “How to Improve Demand Forecasting Accuracy” for tips and best practices.

How To 52

How To Optimization Software Inventory Optimization 52

Locus

JANUARY 28, 2022

This can prove to be a daunting exercise without the right software and tools. Handling shortages: Resource availability is dependent on many conditions and shortage is common, especially during peak season or black swan events such as the pandemic. Technology must be embraced with open arms for sustainable, long-term growth.

Logistics Network Optimization Software 52

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

WorkWave

SEPTEMBER 23, 2021

Many people are new to online grocery shopping, and getting accustomed to all the options and tools available can make the experience more enjoyable and more accessible than initially expected. Within the framework of your business model, create a working model or strategy of how your company will operate.

Modeling Software 52

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Camelot 3PL Software

JANUARY 14, 2021

But it is possible to reposition inventory to better respond to such events. According to a report by the Geneva-based International Federation of Red Cross and Red Crescent Societies (IFRC), global warming is not a direct cause of droughts or hurricanes, but it increases the frequency and exacerbates the risks of such events.

Inventory 52

Inventory Supply Chain Planning Software How To Procurement Analytics 52

Logistics Business Magazine

OCTOBER 27, 2020

The Hamburg-based intralogistics provider also hosted the final event, at which the results achieved with the project partners were presented on October 22nd. However, essential tools for putting the new industry standard into practice are still lacking. ” The post Secure data exchange in the age of industry 4.0

Security 49

Security Data Industry Modeling Software 49

CH Robinson Logistics

JANUARY 14, 2021

Robinson’s recent partnership with SAS , a trusted analytics powerhouse, to bring end-to-end supply chain processes and technology solutions that connect demand and inventory planning data with procurement and transportation data, in real-time. Spend less time on your annual procurement event by taking advantage of SAS’ and C.H.

Supply Chain Planning Software 66

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 66