Logistics Viewpoints

JANUARY 18, 2024

1) Streamlined Data Flow and Process Automation Is all about AI At the heart of effective supply chain automation lies the seamless flow of data across various sources and digital platforms, akin to a well-constructed highway for data. 2) AI-Infused Data Quality Assurance Ok, we built the proverbial highway.

Supply Chain Software 148

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 148

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

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

EazyStock

DECEMBER 13, 2020

In a perfect world, supply chain managers would be able to foresee every possible risk and threat to their supply chain and have a strategy prepared to successfully address any challenges when the moment came. Optimize Inventory. For example, did you take out a loan through the Paycheck Protection Program ?

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Supply Chain Planning Software Cost Reduction 98

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. Optimization software can also be a “soft” alternative to investing in more steel (i.e.,

Optimal Sourcing 90

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

Logistics Viewpoints

MAY 10, 2022

For example, related to warehouse technology, a recent Lucas Systems industry study found 89% of respondents agreed that implementing artificial intelligence-based software within distribution centers can provide a competitive advantage. Does it require manual data entry? Technology can play an important part.

Vendor Strategies 109

Vendor Strategies Waste Reduction Cost Reduction Optimization Software 109

Bringg

MARCH 24, 2021

Supply chain optimization ensures a smoother process and a more successful business model focusing on efficiency and profit. First, let’s define what supply chain optimization means, the different factors involved, and how the right supply chain optimization techniques and solutions can help you support your key business initiatives. . .

Optimal Sourcing 62

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

EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. With the right strategies in purchasing, logistics and supply chain, you can navigate through a recession and come out as a winner.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Waste Reduction 52

Logistics Viewpoints

MAY 22, 2023

If you have been through this process at least once, you already have a good idea of what supply chain design is about: optimization. When most people hear the word “optimization,” they immediately think about minimizing costs. But optimization is much more than that! First comes the data and how well we understand it.

Supply Chain Design Software 107

Supply Chain Design Software Supply Chain Design Supply Chain Software Modeling Software 107

FreightWaves SONAR

FEBRUARY 17, 2021

Mobile data can play a pivotal role in building the supply value chain. Mobile devices have functions that provide valuable data for the supply value chain. Mobile devices have proven optimal for implementing innovative strategies, connecting freight loads with other equipment and assets , and more.

Supply Chain Planning Software 98

Supply Chain Planning Software Data Negotiating Skills Negotiate Pricing 98

FreightWaves SONAR

MARCH 16, 2021

Data analytics for logistics can make all the difference in the world when it comes to reefer truckload service delivery efficiency. However, the data [that powers them] hasn’t previously been utilized to its full capacity until recently.” Take the example of RCRPMF.USA in the image. last year and $2.19 the year prior.

Data 97

Data Efficiency Supply Chain Software Logistics Network Optimization Software 97

Logistics Viewpoints

JUNE 9, 2022

Transparent data prepared especially for your logistics operation will get you easily through your peaks. Suddenly, the situation changes, whether because of a new company strategy, ever-present retail dynamics or possibly due to a completely new influencing factor. Before the peaks – using data analytics to make the right decisions.

Optimization Software 134

Optimization Software Logistics Network Optimization Software Supply Chain Planning Software Modeling Software 134

Logistics Viewpoints

JANUARY 31, 2024

In smart manufacturing, for example, the deployment of a multitude of sensors and devices for real-time monitoring of machinery, predictive maintenance, and quality control are primary use cases. This unlocks new possibilities for innovation and optimization in various industries,” Mr. Arnold explained.

Supply Chain Design Software 159

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 159

FreightWaves SONAR

MARCH 3, 2021

The idea went something like this: There is no strategy without intelligence , so gain as much information as possible on the current state of things. Premature optimization is a bad thing. Let me share an example. The importance of data. Continuous improvement without data is like throwing darts while blindfolded.

Supply Chain Software 90

Supply Chain Software Supply Chains Data Optimization Software 90

Talking Logistics

AUGUST 13, 2018

The second question we get is what strategies can we implement to lower our transportation costs. Data-driven Optimization. Big data drives everything,” Michael says. Another example is next-day guaranteed delivery times. So, what can you do outside that cycle?”. The most controllable of these is service level.

Negotiating Skills 62

Negotiating Skills Optimal Sourcing Optimization Software Cost Reduction 62

SYSPRO Smarter ERP

MAY 2, 2024

Although machine learning models have been in place for some time, they are now becoming much more prevalent because of the high volumes of data in ERP systems. AI also enhances manufacturers’ ability to collect, aggregate and analyze sensor data in real time for production analytics.

ERP 52

ERP Supply Chain Planning Software Modeling Software Optimization Software 52

CLX Logistics

JULY 26, 2021

Let’s look at the facts – the percentage of supply chain managers using new analytics tools and services to develop better bidding strategies has increased from 17% in 2017 to more than 30% in 2020. Soon, it’ll almost be a guarantee that if you’re not leveraging modern data analytics properly, you’re losing money or leaving it on the table.

Material Savings 40

Material Savings Sourcing Strategies Cost Reduction Inventory Reduction 40

Conger

APRIL 1, 2024

Continue reading to learn more about this essential strategy to ensure your equipment performs optimally at all times. Examples include cleaning and lubricating the moving parts or replacing parts before they wear out. The secret to achieving efficiency lies in adopting robust maintenance strategies. Let’s dive in!

Material Savings 82

Material Savings Expense Reduction Resource Reduction Cost Reduction 82

GoShip Blog

MARCH 21, 2023

So how do you optimize inbound freight management? Why should you optimize your inbound freight management? How to Create an Effective Inbound Freight Management Strategy To ensure that your inbound freight systems are seamless and efficient, you will have to pour time and energy into implementing the new processes into your business.

Inbound 52

Inbound Optimization Software Material Savings Optimization 52

Logistics Viewpoints

FEBRUARY 12, 2024

In smart manufacturing, for example, the deployment of a multitude of sensors and devices for real-time monitoring of machinery, predictive maintenance, and quality control are primary use cases. This unlocks new possibilities for innovation and optimization in various industries,” Mr. Arnold explained.

Supply Chain Design Software 127

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 127

Freightos

JANUARY 15, 2024

For example, the Freightos Baltic Index indicates a 69% increase to North America’s East Coast and a staggering 226% to Northern Europe since the crisis began. Despite this, there’s a wave of optimism for 2024 sweeping across importers and exporters.

Negotiating Skills 115

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 115

Turvo

JANUARY 26, 2021

That’s where supply chain data analytics comes into play. What Are Supply Chain Data Analytics and Why Are Supply Chain Leaders Looking to Them. Advanced data recordings and analytics help many leading companies improve their supply chain management teams’ smooth and effective operations.

Supply Chain Design Software 73

Supply Chain Design Software Supply Chain Software Optimization Software Supply Chain Design 73

EazyStock

FEBRUARY 1, 2021

trillion by 2023 , indicating a need for more robust online sales strategies. For businesses to succeed in eCommerce they must ensure they have an effective eCommerce supply chain strategy. Here are ways you can optimize your inventory management practices for eCommerce competitiveness: How to Manage eCommerce Inventory.

Inventory Reduction 52

Inventory Reduction Optimization Software eCommerce Inventory 52

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 55

Transportation Modeling Software Optimization Software Logistics Network Optimization Software 55

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 Viewpoints

MARCH 24, 2022

It allows them to identify the right carrier service and optimal point of origin for every parcel delivery, seize the best opportunities to cut costs and scale shipping strategies, offset carrier capacity constraints and capacity-based surcharges, reduce costs with bulk shipping, improve returns processes, and more.

Supply Chain Planning Software 131

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Optimal Sourcing 131

MTS Logistics

DECEMBER 20, 2023

Elastic logistics is becoming a shining example of efficiency and cost savings due to its capacity to dynamically react to changing demand by expanding or reducing operations. Let’s dissect the essential elements that make up this dynamic strategy: 1. Cost optimization is made possible by elastic logistics’ adaptability.

Supply Chain Software 84

Supply Chain Software Supply Chains Inventory Reduction Cost Reduction 84

FreightWaves SONAR

APRIL 4, 2024

Recognizing the collective significance of market conditions across KMAs at any given time, logistics professionals can devise strategies that accommodate the diverse nature of these areas, ensuring efficient and effective freight procurement and management. Curious about how KMA trends can inform an effective supply chain strategy?

Supply Chains 52

Supply Chains Optimal Sourcing Freight Outbound 52

EazyStock

AUGUST 21, 2020

There are many financial benefits to introducing stock reduction strategies – in particular focusing on your excess and obsolete items. Here we’re going to focus on our favorite top five inventory reduction strategies. In each of these cases, inventory optimization software can help. Supplier lead time reduction.

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

Locus

MAY 25, 2022

Take last-mile deliveries for example. Here are seven key strategies that they have used to make it happen. Use data insights. The obvious answer is data. Data has occupied an inevitable space in the last-mile delivery planning and its strategic implementation. And how they have been changing! Download Now!

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategy 52

GlobalTranz

AUGUST 4, 2015

Our job at Cerasis is to optimize transportation management for these manufacturing shippers so that in turn, they can focus on their own core, the process of manufacturing. In order to optimize manufacturing operations, or really just about anything, you need to have at your fingertips the best and most accurate manufacturing metrics around.

Manufacturing Procurement 99

Manufacturing Procurement Procurement Analytics Optimization Software Optimization 99

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

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. Derek has 27 years of experience in supply chain software.

Inventory Reduction 207

Inventory Reduction Supply Chain Planning Software Cost Reduction Resource Reduction 207

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

GlobalTranz

APRIL 20, 2021

Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic. It’s the result of a deliberate strategy that may require tradeoffs compared to other approaches. This strategy requires greater investment and inventory carrying costs but enables continued production.

Supply Chain Planning Software 115

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

Logistics Viewpoints

DECEMBER 2, 2021

Importers will look for near-term strategies to move their shipments away from congested trade lanes or process containers further inland to minimize the impact of lead time variability that has dramatically increased in 2021. Online buying will fuel home delivery growth, challenges and new strategies.

Waste Reduction 187

Waste Reduction Cost Reduction Inventory Reduction Resource Reduction 187

Logistics Business Magazine

AUGUST 8, 2023

As the world becomes increasingly digitized, businesses are recognizing the potential of AI in optimizing their operations. With the rise of cloud computing and the collection of massive amounts of data, businesses have reached a tipping point. This reduces fuel costs and minimizes environmental impact by optimizing fleet utilization.

Optimization Software 59

Optimization Software Supply Chain Software Resource Reduction Supply Chain Planning Software 59