Penske Move Ahead

OCTOBER 3, 2023

Transportation costs—driven by increases in all modes and nodes—reached $1.39 Increasingly, shippers are calling upon 3PLs for more specific needs, especially data management, visibility and analytics,” according to the report. trillion in 2022, representing 9.1% of the national GDP. trillion, up from $1.3 trillion the year prior.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Software Logistics Supply Chains 52

Chronicled

APRIL 2, 2020

Companies have departments of heroic staff diligently making sure the data is up to date, the process runs as it is supposed to, and managing the dispute resolution where things didn’t line up. No data needs to be shared with 3rd parties?—?all Industry estimates guess that 1–4% of a company’s revenue? The MediLedger Network?

Procurement Solutions 52

Procurement Solutions Price Reduction Networks Manufacturing Procurement 52

Logistics Bureau

JULY 10, 2018

This means for example, that marketing-campaign planning involves manufacturing and procurement functions, to ensure preparedness for an uptick in product demand. This necessity is concerning for some company leaders, who fear conflicts of interest, information leaks, and other data-security vulnerabilities. The Risk of Being Too Lean.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Design Software Inventory Reduction Supply Chain Software 48

Logistics Bureau

OCTOBER 9, 2023

Quality and Detail of Data and its Analysis In some of our earlier posts, we’ve stressed the importance of simplicity in distribution network design , and we will return to that topic later in this article. It would be folly not to take advantage of data availability and accessibility.

Supply Chain Design Software 90

Supply Chain Design Software Supply Chain Design Distribution Networks 90

Logistics Viewpoints

FEBRUARY 23, 2023

Polycrisis” was the talk of Davos at the recent meeting of the World Economic Forum, which defines it as “…a term used to describe the current global situation, where multiple complex, interconnected crises are occurring simultaneously.” However, this learning requires large volumes of data to “train” the models.

Supply Chain Planning Software 118

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Digital 118

Logistics Viewpoints

APRIL 26, 2021

For example, a vaccine manufacturer increased their order size by a factor of four in one weekend; a video call company wanted to receive ten times as much product as they initially forecast with just a month’s lead-time. For example, planning was still done using spreadsheets. During Covid those meetings occurred daily/weekly.

Supply Chain Design Software 116

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Supply Chain Design 116

Stord

NOVEMBER 30, 2022

While utilizing 3PLs has helped increase distribution speed, it has also created an operational nightmare for shippers, who find themselves managing dozens of vendors, locked into long-term contracts, and without software to manage inventory or data to make real-time decisions. They increased speed-to-market.

Modeling Software 60

Modeling Software Distribution Optimization Software Supply Chain Software 60

Chronicled

AUGUST 27, 2020

MediLedger Network: How Blockchain-Enabled Solutions Will Change How Companies Do Business, Together Business, Together This month is the 4th anniversary of our very first industry group meeting of the MediLedger Project. The solution was initially designed to meet regulations around drugs returned and resold in the US.

Networks 52

Networks Procurement Solutions Manufacturing Procurement Price Reduction 52

Logistics Bureau

JANUARY 17, 2022

t level, it’s the idea of industrial, natural, human, and technological systems, working in concert to create a better world—a world that we share, where we have a profound respect for the environment and the social needs that we must meet. Sustainable Supply Chain in Action: An Example. Do we need to buy it?”

Supply Chain Design Software 109

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 109

247 Customs Broker

DECEMBER 5, 2018

Congro recommends utilizing a multi-node network that allows you to get as close to customers as possible and minimizes any “last-mile” gaps that keep customers from getting their goods on time. Instead, they must focus on how to meet their customers’ demands by offering either free or reduced shipping within a reasonable timeframe.

Networks 28

Networks Distribution Supply Chain Planning Software Inventory Reduction 28

247 Customs Broker

DECEMBER 5, 2018

Congro recommends utilizing a multi-node network that allows you to get as close to customers as possible and minimizes any “last-mile” gaps that keep customers from getting their goods on time. Instead, they must focus on how to meet their customers’ demands by offering either free or reduced shipping within a reasonable timeframe.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Software Networks Supply Chains 28

Locus

JUNE 6, 2022

Last-mile logistics, with multiple stakeholders, nodes, and processes, clearly needs solutions for bringing about greater efficiencies, and at scale! . By 2030, effective data-based solutions such as dynamic rerouting can reduce emissions by 30%, congestion by 30%, and delivery costs by 25% when compared to a “do nothing” baseline.

Supply Chain Planning Software 52

Supply Chain Planning Software Logistics Network Optimization Software Modeling Software Negotiating Skills 52

Ship Monk

NOVEMBER 1, 2022

Take COVID for example. Shipping Order Example. For example, if we were shipping a package that weighs under 1lb to Miami, FL via ShipMonk’s standard shipping option, the fastest carrier in this case from our Fort Lauderdale, FL facility would be UPS Ground because the delivery would only take one day.

Networks 52

Networks Negotiating Skills Inventory Reduction Cost Reduction 52

Talking Logistics

JUNE 6, 2017

What would happen if something catastrophic happened to that node? Conversely, network optimization approaches look only at your existing supply chain design, using this data to form a baseline for future improvements. True optimization needs to gather and rely on data to achieve lasting, reliable results. To Sum It All Up.

Supply Chain Design Software 103

Supply Chain Design Software Supply Chain Design Optimal Sourcing Supply Chain Planning Software 103

247 Customs Broker

APRIL 12, 2018

No longer restricted to holding inventory meant for their end users, for example, retailers are procuring goods from multiple global sources and often turning to their suppliers to drop ship orders to their customers. For example, Deutsche Post AG’s DHL is testing “swarming” robots at one of its facilities, and Quiet Logistics Inc.

Distribution 28

Distribution Supply Chain Software Optimization Software Procurement Solutions 28

Talking Logistics

JANUARY 18, 2019

Yes, this is just a single data point, and maybe OpenPort didn’t deserve to receive additional funding, but the company’s failure to secure more money suggests that investors are perhaps starting to take a more conservative and rational approach to blockchain investments moving forward. Brexit: The Uncertainty Continues.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Scenario Planning 60