Logistics Viewpoints

JULY 29, 2021

Machine learning is a process by which learning algorithms are applied to large sets of data to create predictive models. First, DCs are a controlled environment for collecting and aggregating historical and real-time data – and data is a key to effective AI. AI-Based Warehouse Optimization Examples.

Optimization Software 177

Optimization Software Supply Chain Planning Software Supply Chain Design Software Modeling Software 177

Logistics at MPEPS at UPV

APRIL 26, 2022

The exponential impact of e-commerce on traditional, brick-and-mortar retailers, is one good example of how the data-driven revolution is sweeping many sectors of the economy and business operations nowadays. Two major challenges might be limiting big data to fully impacting the supply chain. UPS success case. UPS success case.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Data 52

Logistics Viewpoints

APRIL 29, 2021

Many companies are achieving this transformation by adopting modular, elastic DC technologies – including AI and robotics – that provide continuous warehouse optimization without replacing their current monolithic and static warehouse systems. Those systems and processes were designed to serve the current business model for 10 years or more.

Optimal Sourcing 90

Optimal Sourcing Optimization Software Supply Chain Design Software Supply Chain Planning Software 90

EazyStock

OCTOBER 20, 2020

Inventory Control Techniques that use Stock Optimization Best Practices. So we thought we’d focus on the lesser known topic of ‘stock optimization’ – this is an inventory control technique that’s becoming more popular with inventory managers to improve the efficiency of their supply chain. What is stock optimization?

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

FreightWaves SONAR

SEPTEMBER 29, 2023

The COVID-19 crisis unveiled major issues within global supply chains and, as we have seen with SONAR freight data, volatility in the market. For those that make the right applications of freight data, the massive problems created by the pandemic could have been more easily mitigated.

Data 52

Data Inventory Reduction Supply Chain Planning Software Vendor Strategies 52

FreightWaves SONAR

MARCH 9, 2021

Data for data’s sake lacks value, especially in the view of the supply chain. And across the market, submitted data becomes rapidly outdated. And in some industries, outdated data can have disastrous consequences. For instance, take the value added by more accurate data in the health industry.

Data 98

Data Reliability Supply Chain Planning Software Trucking 98

Bringg

MARCH 24, 2021

Supply chain optimization ensures a smoother process and a more successful business model focusing on efficiency and profit. What is supply chain optimization? . Optimizing this process allows it to function at peak efficiency. A good example of such a strategic decision could be choosing a warehouse’s location.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

AIMMS

JANUARY 24, 2019

Today, the steel manufacturing leader has an ambitious digital transformation agenda and is leveraging AIMMS technology to optimize operations in its home country. I belong to this second division and work mostly on mathematical modeling, simulation and supply chain analytics. . I work for the analytics department within Tata Steel.

Optimal Sourcing 116

Optimal Sourcing Supply Chain Software Optimization Software Supply Chain Planning Software 116

Logistics Viewpoints

JUNE 15, 2021

Optimize automation/robotics alongside human workers. As a DC planning tool, machine learning represents an alternative to traditional engineering and process modeling. For example, the traditional approach to workforce planning is to use an engineered labor standards system. Engineered Standards vs. Machine Learning.

Optimal Sourcing 131

Optimal Sourcing Supply Chain Planning Software Modeling Software Optimization Software 131

AIMMS

JUNE 16, 2020

How are companies leveraging scenario modeling for network design and optimization ? The good news is many of the survey’s respondents recognize the potential of more advanced optimization solutions. In the context of disruptions like COVID-19, scenario modeling can make considerable difference – Tweet this.

Scenario Planning 71

Scenario Planning Supply Chain Design Software Supply Chain Design Optimization Modeling 71

WorkWave

JANUARY 29, 2024

Time To Read: 3 minutes Efficient route planning is crucial for optimizing operations and ensuring timely deliveries. 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.

Optimal Sourcing 98

Optimal Sourcing Optimization Software Modeling Software Sourcing Strategies 98

Talking Logistics

MARCH 27, 2019

Optimization is a ubiquitous term in the supply chain and logistics industry. We all talk about how we need to optimize our operations. In practice, however, relatively few companies are using optimization technology, particularly in transportation. Why is transportation optimization key today? Types of optimization.

Optimization Software 97

Optimization Software Optimization Modeling Optimization Supply Chain Planning Software 97

AIMMS

APRIL 11, 2018

The first product of this partnership is TacticalOps, a Planning & Optimization solution for Food Manufacturers. I spoke with Luis Pinto, Partner at UniSoma, to understand the need for new planning and optimization solutions in the global food supply chain. I’ve seen the attitude towards optimization evolving yes.

Optimization Software 97

Optimization Software Optimization Modeling Supply Chain Planning Software Optimization 97

FreightWaves SONAR

JANUARY 13, 2023

Leaders across the logistics industry have been making data-informed decisions for decades. Not all data is created equal, however, and many of the tools and processes that provided “cutting-edge” advantages several years ago have fallen behind the curve. . There is an innate lag in legacy data. port activity. .

Negotiating Skills 52

Negotiating Skills Data Freight Price Reduction 52

Logistics Viewpoints

MAY 8, 2023

Meanwhile, inventory optimization and production scheduling are more of a black box. Customers that implement inventory optimization or production scheduling and then turn it off, Mr. When the plan gets dropped to the plant, the plant can’t produce that quantity of items nearly as quickly as thought. Here the model gets more complex.

Supply Chain Planning Software 118

Supply Chain Planning Software Scenario Planning Optimal Sourcing Production 118

Logistics Viewpoints

MARCH 27, 2023

Demand forecasting should be tightly integrated to an inventory optimization application. Demand forecasts are improved with access to downstream data (point of sale, Nielsen retail data, and access to competitor promotion schedules). Other external data, like industry data or economic data, is used for other types of forecasts.

Supply Chain Planning Software 113

Supply Chain Planning Software Scenario Planning Optimal Sourcing Supply Chain Software 113

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

ShipLilly

JUNE 23, 2021

Cloud computing and big data offer opportunities for many businesses across the globe. There are examples of artificial intelligence being used to achieve these goals. For example, an online movie platform can prepare a recommended list for users based on their profile and previous behavioral patterns.

Optimal Sourcing 87

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 87

Logistics Viewpoints

MAY 11, 2023

How the digital twin concept drives benefit By using advanced analytics and machine learning algorithms, digital twins can provide real-time insights and recommendations to optimize operations, reduce costs, and increase productivity. Physical change (i.e., changing the structure of the warehouse, modifying processes, etc.)

Optimization Software 142

Optimization Software Supply Chain Design Software Modeling Software Digital 142

Logistics Viewpoints

JANUARY 22, 2024

Omnichannel Retailers Leverage Optimization Historically, omnichannel software solutions were not capable of optimization. For an online order that needs to be delivered within 24 hours, for example, the rule might state that the goods should be shipped to the consumer from the closest location. to 2 days earlier.

Supply Chain Software 140

Supply Chain Software Supply Chains Optimization Software Modeling Software 140

Logistics Business Magazine

APRIL 19, 2024

In a first step, the transport company Gruber Logistics, one of the project partners, is now collecting data: Under real conditions, how many stops does a vehicle make in long-distance transport today, how often does it brake or when and where does it reach which speed? In this case, this means in fractions of a second.

Transportation 56

Transportation Modeling Software Optimization Software Logistics Network Optimization Software 56

TransAudit

DECEMBER 13, 2023

By embracing a circular supply chain, industry leaders can help: Eliminate waste and pollution Circulate products and materials at their highest value Regenerate nature As organizations continue to optimize supply chains , this process can provide significant benefits. A circular supply chain can reduce greenhouse gas emissions.

Supply Chain Design Software 88

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chains 88

AIMMS

JANUARY 24, 2019

Today, the steel manufacturing leader has an ambitious digital transformation agenda and is leveraging AIMMS technology to optimize operations in its home country. I belong to this second division and work mostly on mathematical modeling, simulation and supply chain analytics. . I work for the analytics department within Tata Steel.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Software Optimization Software Supply Chain Planning Software 62

Logistics Viewpoints

MAY 26, 2022

It’s time to focus on how we innovate and optimize our businesses and operations in this permanently altered world. There are lively debates about the meaning and prioritization of scale, globalization, outsourcing, and inventory optimization. Changes in our lives, economies and supply chains are ubiquitous and well embedded now.

Supply Chain Software 158

Supply Chain Software Optimal Sourcing Supply Chain Design Software Logistics Network Optimization Software 158

Logistics Viewpoints

JANUARY 21, 2021

Machine learning (ML) techniques can be applied to provide more accurate transit information and estimated arrival times (ETAs) by analyzing the historical shipment data in your transportation management systems. The model learns continuously and can adapt to changing conditions in the network.

Inventory Reduction 207

Inventory Reduction Supply Chain Planning Software Cost Reduction Resource Reduction 207

Logistics Viewpoints

JANUARY 4, 2021

The theory is that as more and more devices throughout the supply chain and manufacturing process become part of the ‘Internet of Things,’ they will produce an incredibly rich data stream that will send signals in real-time to trigger a wide variety of events. Digital Twin Model Builders. PlanIQ includes Amazon Forecast.

Supply Chain Planning Software 197

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling Software 197

AIMMS

APRIL 11, 2018

The first product of this partnership is TacticalOps, a Planning & Optimization solution for Food Manufacturers. I spoke with Luis Pinto, Partner at UniSoma, to understand the need for new planning and optimization solutions in the global food supply chain. I’ve seen the attitude towards optimization evolving yes.

Optimization Software 62

Optimization Software Optimization Modeling Supply Chain Planning Software Optimization 62

Logistics Viewpoints

FEBRUARY 8, 2021

Led some supply chain planning supplier to create new digital twins – new supply chain models – that model this supply chain much deeper than it had been previously modeled. A more granular model means better planning – planning that more fully reflects the constraints that exist in these supply chains.

Supply Chain Planning Software 172

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 172

AIMMS

FEBRUARY 1, 2021

Given that we are a data-driven (math-loving) company, we wanted to test this range by running some scenarios to see what kind of results companies can expect across a variety of verticals. To do this, we built two representative models of a business. Optimization ‘right sizes’ your network for each scenario.

Supply Chain Design Software 116

Supply Chain Design Software Supply Chain Software Supply Chain Design Optimization Software 116

AIMMS

MARCH 2, 2021

Districon is a consulting company that brings the power of optimization and analytics closer to supply chain processes. What is S&OE and what does it entail to develop a companion app with optimization capabilities? S&OE and Data/Integration. How can you get data visibility? ” – Tweet this. .”

Optimal Sourcing 83

Optimal Sourcing AIMMS Supply Chain Planning Software Modeling Software 83

AIMMS

JUNE 1, 2017

Companies are increasingly eager to hear about optimization and advanced analytics. People are very intrigued by Prescriptive Analytics and Modeling, hearing success stories from counterparts in industries like energy and retail. There are several areas where companies are eager to apply optimization. Areas of i nterest .

Supply Chain Planning Software 72

Supply Chain Planning Software Supply Chain Design Software Optimization Software Optimization Modeling 72

EazyStock

FEBRUARY 1, 2021

In contrast: eCommerce inventory optimization is the art of predicting and managing supply and demand variables while undertaking inventory management processes. The objective of eCommerce inventory optimization is to have the right products in the right place at the right time – as efficiently and cost-effectively as possible.

Inventory Reduction 52

Inventory Reduction Optimization Software eCommerce Inventory 52

Logistics Viewpoints

OCTOBER 21, 2021

Pop up warehouses, micro fulfillment centers, and warehousing-on-demand are all examples of how the nodes are becoming increasingly dynamic. For the longest time modeling and designing such nodes, modes, and flows has been the realm of Supply Chain Design. Design can help test such ideas before implementing changes to the master data.

Supply Chain Design Software 114

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 114

SYSPRO Smarter ERP

DECEMBER 19, 2022

Then in the early 2000s, a new technology emerged, inventory optimization (IO), which could account for variability and multi-level activity in the supply chain and optimize inventory management policies using a statistical approach to manage both demand and supply variability. Inventory optimization.

Inventory Reduction 105

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 105

Stord

FEBRUARY 4, 2019

At the Port of Los Angeles, for example, a sudden rush of shipments overloaded the local warehouse market. With the threat of more trade tensions on the horizon in 2019, shippers should optimize their supply chains now to minimize disruption. This example highlights the dangers of international trade tensions.

Optimal Sourcing 78

Optimal Sourcing Inventory Reduction Optimization Modeling Cost Reduction 78

Logistics Business Magazine

JULY 19, 2023

Both agree – AI technology offers a wide range of optimization potential for optimizing processes in the distribution centre as well as the entire supply chain. But high data quality is not the only crucial factor. Equally important for the data models are the experiences of people and the requirements of consumers.

Modeling Software 55

Modeling Software Supply Chain Design Software Optimization Software Supply Chain Software 55

SYSPRO Smarter ERP

DECEMBER 19, 2022

Then in the early 2000s, a new technology emerged, inventory optimization (IO), which could account for variability and multi-level activity in the supply chain and optimize inventory management policies using a statistical approach to manage both demand and supply variability. Inventory optimization.

Inventory Reduction 98

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 98