Shipchain

MARCH 10, 2020

But dedicated managers have found a solution to help improve this part of delivery: data. Data is generated in all parts of last-mile delivery, and analysis of this information can help companies become proactive rather than reactive with their delivery methods. Benefits of Data for Last-Mile Delivery.

Data 62

Data Optimization Software Modeling Software Logistics Network Optimization Software 62

Logistics Bureau

NOVEMBER 16, 2020

For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. The main lack of talent is in middle management, especially in big data analytics and supply chain planning, where the shortage is around 54%. Sea Change—A Supply Chain Career is now seen as ‘Cool’.

Supply Chain Planning Software 115

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

FourKites

DECEMBER 23, 2020

While holding excess safety stock of finished goods ensures that companies always have enough materials on hand to meet customer demand, it comes with a huge price tag. The post How to Improve Supply Chain Efficiency and Productivity with Visibility Data appeared first on FourKites. 3: Control Your Transportation Spend.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Reduction Waste Reduction 52

GoShip Blog

AUGUST 29, 2022

In this day and age where people’s data is being input into most, if not all, websites people are using; it is important that this valuable information is protected. Without proper data integrity, third parties or those with malicious intent may access your data without permission for their own personal gain.

Data 52

Data Optimal Sourcing Optimization Software Security 52

Trinity Logistics

SEPTEMBER 16, 2021

Before we jump into how to reduce your transportation costs, it’s essential to understand what factors are causing them to rise. For example, you may discover that one carrier consistently adds accessorial charges while another compatible carrier does not. GET DATA-DRIVEN INSIGHTS. Are you taking the proper steps to do so?

Cost Reduction 74

Cost Reduction Expense Reduction Price Reduction Vendor Strategies 74

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

Dedola Global Logistics

DECEMBER 16, 2019

As an international and domestic freight forwarder and 3PL, Dedola Global Logistics reduces customer costs by providing a crystal-clear freight logistics program designed to fit your specific requirements A good example of how we achieve our goal of providing our customers with world class services it our online shipment tracking system, Trackit!

Cost Reduction 98

Cost Reduction Negotiating Skills Material Savings Resource Reduction 98

GoShip Blog

AUGUST 2, 2022

How to increase brand awareness? For example, simple demographic data will show you the most active age group and their activities or occupations. You can meet these expectations by organizing a professional support service. Sometimes, meeting high delivery expectations gets tough. Communicate with customers.

Supply Chain Design Software 52

Supply Chain Design Software How To Logistics Network Optimization Software Eliminating Excel in Purchasing 52

Trinity Logistics

APRIL 24, 2023

Whether you’re new to refrigerated trucking or a veteran, it’s important your company knows how to properly transport temperature-controlled products, from pick-up through delivery. If this is not done and the shipper requests a reefer download after delivery, the data will be inaccurate. Well, that can depend on several factors.

Refrigeration 62

Refrigeration How To Temperature Trucking 62

Logistics Bureau

NOVEMBER 8, 2021

If yours is not one of those businesses, and you’re confident in your KPI suite and the relevance of the data it provides, congratulations! So, for example, if your business competes strongly on price, you might go heavy on the cost-reduction side of supply chain management, setting objectives centered on savings.

Supply Chain Software 81

Supply Chain Software Supply Chains Scenario Planning Cost Reduction 81

Logistics Viewpoints

OCTOBER 23, 2023

He said to the head of production design at SpaceX, for example, “you are responsible for the production process. As corporations announce plans to be Net Zero across their end-to-end supply chain at some point in the future – often 2050 – they then need their suppliers to participate in helping them meet their goals. Musk smiled.

Manufacturing Procurement 155

Manufacturing Procurement Production Supply Chain Design Procurement 155

Trinity Logistics

NOVEMBER 30, 2021

Order planning This will help you with routing, optimizing your delivery processes, integrating your delivery data, and getting a granular view of all transportation stages. Reporting This gives you more insightful data into your processes, so you can review expenses, carrier performance, and more to find what’s working and what’s not.

Supply Chain Design Software 85

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Optimization Software 85

Logistics Business Magazine

MAY 25, 2018

Businesses the world over are impacted, and one industry that will need to pay close attention to data security is manufacturing. While GDPR is specific to Europe, it also impacts companies with a presence in the EU and organisations that handle the personal data of European citizens. Why should manufacturers care?

Compliance 32

Compliance Security Meeting Cost Reduction 32

WorkWave

JANUARY 29, 2024

Delivery businesses operating in cities, for example, with consistent traffic patterns and stable delivery routes, rely on static routing to maintain predictability and allocate resources efficiently. Companies will map out the most efficient paths based on historical data to create a straightforward and easily manageable system.

Optimal Sourcing 98

Optimal Sourcing Optimization Software Modeling Software Sourcing Strategies 98

Now, That's Logistics

APRIL 13, 2021

A seller of consumer electronics, for instance, needs a process for refurbishing returned items, wiping them clean of any personal data, and then reselling them on the market. Environmental issues also come into play in a world where sustainability has become an important focus for consumers and organizations alike. Finding a Strong Partner.

Logistics Network Optimization Software 78

Logistics Network Optimization Software Transportation Expense Reduction How To 78

Logistics Viewpoints

APRIL 3, 2023

Aera is using data crawlers to crawl across billions of rows of transactional data on a monthly basis. This is combined with data from external sources on weather, logistics lead times, and sustainability performance. Allocation is a good example of this. Aera Technology is showing me how mistaken I was.

Supply Chain Planning Software 151

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 151

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. Examples of inventory carrying costs. Opportunity Costs.

Inventory Reduction 52

Inventory Reduction Cost Reduction Expense Reduction Resource Reduction 52

SYSPRO Smarter ERP

AUGUST 9, 2022

The manufacturing workforce is expected to acquire the necessary skills to be able to solve problems and meet customer expectations. For example, a controller is the person responsible for managing cash flow, overseeing budgets, and preparing financial statements. Manufacturing. Business Processes. Digitalization. Industry 4.0

Course 105

Course Buyer Training Waste Reduction Expense Reduction 105

EazyStock

FEBRUARY 1, 2021

Here are ways you can optimize your inventory management practices for eCommerce competitiveness: How to Manage eCommerce Inventory. Simply reacting to market change is not enough, because you may have insufficient stock to meet a surge in demand or even miss out on a trend altogether. Forecasting eCommerce inventory demand.

Inventory Reduction 52

Inventory Reduction Optimization Software eCommerce Inventory 52

Logistics Viewpoints

MAY 4, 2023

As a result, there’s a growing need for end-to-end visibility and for rich data that points the business compass toward the right outcomes. Yet, getting to this higher plane requires a focus both on better data and intelligent insights. Getting past disparate systems and centralizing data was critical.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply Chains Modeling Software 130

Dedola Global Logistics

DECEMBER 16, 2019

How To Reduce Soft Costs in Shipping. A good example of how we achieve our goal of providing our customers with world class services it our online shipment tracking system, Trackit! Provides data in real-time about the location and status of your goods. Provides reports and data. Is compatible with mobile devices.

Cost Reduction 52

Cost Reduction Negotiating Skills Material Savings Resource Reduction 52

AIMMS

JULY 13, 2020

Additionally, most planning tools fail to incorporate the abstract data that’s required for this stage. How can you account for new products that don’t exist in master data? Often, demand planners are located in supply chain, where there is more data affinity. Need help overcoming these pitfalls?

Supply Chain Planning Software 62

Supply Chain Planning Software Scenario Planning Resource Reduction Sourcing Strategies 62

AIMMS

SEPTEMBER 25, 2019

There are many great examples where advanced analytics have contributed to social good. To illustrate the type of passengers we work with, I think it’s best if I recall some examples from my pilot years. Those are very touching examples. Can you tell us how optimization came to play a role in this work?

Optimization Software 62

Optimization Software Optimization Modeling Optimization AIMMS 62

Talking Logistics

AUGUST 8, 2017

In today’s post, I’ll share some concrete examples of machine learning applications used today in the context of S&OP. The first example is to use machine learning for improving the results of your promotions and improving sales. Take the Coca Cola company, for example. Machine learning to boost your sales.

Optimal Sourcing 63

Optimal Sourcing Supply Chain Planning Software How To Scenario Planning 63

Logistics Bureau

NOVEMBER 15, 2018

The General Data Protection Regulation or GDPR is often seen as a constraint on enterprises, rather than an opportunity. The goal of the GDPR is to give people greater control over their personal data. Although it originates from the European Union, the GDPR applies to enterprises across the globe, as in the following examples.

Supply Chain Design Software 54

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

SYSPRO Smarter ERP

OCTOBER 20, 2021

Manufacturers and distributors want to dramatically increase their efficiency, productivity and accuracy through smart technologies, data analytics and connected services. Digitization: from analogue information to digital data. The first step, therefore, is to get all your information – documents and data – into a digital format.

Digital 133

Digital Factories Supply Chain Planning Software Supply Chain Software 133

Ship Monk

MARCH 21, 2024

Today’s CRM platforms have adapted and expanded their tools to meet the needs of ecommerce businesses. Customer relationship management systems collect and centralize all the important data about a business’ customers (and potential customers). Then we’ll peek beyond the systems, at other ways you can strengthen customer relationships.

Optimization Software 95

Optimization Software eCommerce Logistics Network Optimization Software Procurement Solutions 95

EazyStock

OCTOBER 23, 2020

Seasonal demand examples in the US include religious festivals such as Christmas or Ramadan, annual events like Valentines Day or Halloween and seasonal weather patterns, including snow in winter and a hot climate in summer; these can all lead to seasonal variances in demand for many products. How to forecast for seasonal demand.

How To 52

How To Optimization Software Inventory Optimization 52

SYSPRO Smarter ERP

DECEMBER 19, 2022

Both IO and AI can be used to plan how much inventory to hold where, and when to order it. They have become applicable because the large amount of data they require is now created and stored by businesses, thanks to advances in computer technology. Inventory optimization. Using AI in inventory management. Challenges of IO and AI.

Inventory Reduction 105

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 105

Logistics Viewpoints

NOVEMBER 18, 2021

Here’s how to approach it: Start with well-understood processes. You don’t need to know the nitty-gritty details of how AI and machine learning actually work behind the scenes. For example, in the morning, we may want to maximize picking density to improve the efficiency of our pickers without much concern about shipping deadlines.

Optimization Software 153

Optimization Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 153

Logistics Viewpoints

JANUARY 5, 2022

Meanwhile, companies who have embarked on the control tower journey are discovering just how difficult they are to build. Shippers learn which carriers meet on-time service levels and which do not, which lanes typically carry more chance for delays, and whether there is an optimal number of stops before shipments become late.

Supply Chain Planning Software 209

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 209

SYSPRO Smarter ERP

DECEMBER 19, 2022

Both IO and AI can be used to plan how much inventory to hold where, and when to order it. They have become applicable because the large amount of data they require is now created and stored by businesses, thanks to advances in computer technology. Inventory optimization. Using AI in inventory management. Challenges of IO and AI.

Inventory Reduction 98

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 98

EazyStock

MARCH 3, 2022

In this post, we explain how you can implement a just-in-case stock management strategy without the risk of tying up too much capital in unnecessary inventory items. How to implement JIC inventory management with optimum stock levels. The post How to successfully implement just-in-case inventory management appeared first on.

Inventory Reduction 52

Inventory Reduction Inventory Supply Chain Planning Software Cost Reduction 52

Logistics Viewpoints

JUNE 8, 2021

Even those with the necessary national footprint may be unsure about how to sequence a phased national rollout. Whether considering where to start or what they have to gain, most merchants find the necessary insights to move forward with business intelligence tools that mine their own fulfillment data and customer interactions.

Supply Chain Planning Software 167

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Negotiating Skills 167

3PL Links

FEBRUARY 19, 2024

Let’s examine how the market ended the year, the anticipated course for 2024, and the ever-more-important role that technology plays in this dynamic environment. Data Integration and Analytics-Driven Decision-Making: Making better-informed and more effective decisions will require data integration throughout the logistics chain.

Sourcing Strategies 48

Sourcing Strategies Trends Inventory Reduction Logistics Network Optimization Software 48

GlobalTranz

APRIL 18, 2016

The push toward a more efficient, data-driven supply chain will result in more competition among companies. For example, small-business e-stores have managed to create environments that allow customers to see inventory in real time, reducing problems with excessive ordering. The modern supply chain is entering adolescence.

Waste Reduction 91

Waste Reduction Cost Reduction Inventory Reduction Resource Reduction 91

Supply Chain Brain

OCTOBER 9, 2020

Equipped with this data, you are able to ensure that these third parties meet and maintain the base requirements set by your organization, for example on data security, cyber, compliance and financial health. The data offers an excellent foundation for building a vendor risk profile - but it is not enough.

Compliance 52

Compliance Maintainability Events Data 52