Logistics Business Magazine

MAY 10, 2024

Powered by data-driven virtual models that can simulate real-world operations, digital twins are allowing the sector to predict the future and plan for it. By feeding real-world data into bespoke mathematic models that accurately reflect operations, owners of a digital twin can simulate how changing parameters can affect their business.

Digital 61

Digital Logistics Network Optimization Software Modeling Software Sorting 61

Logistics Viewpoints

NOVEMBER 28, 2022

And agility is about reacting quickly and hopefully effectively to the actual disruptive event. But the event might not be disruptive at all if you had planned for it. But Mr. Delbar from OMP points out that our models are not integrated enough. Our SCP models do not understand the constraints of key suppliers or partners.

Supply Chain Planning Software 116

Supply Chain Planning Software Scenario Planning Optimal Sourcing Manufacturing Procurement 116

Logistics Viewpoints

JANUARY 21, 2021

ML looks into historical data (for example, transit time statistics of carriers) and data from impactful external factors (such as port congestion, weather or holidays) and uses this information to develop more accurate transit time estimates. The model learns continuously and can adapt to changing conditions in the network.

Inventory Reduction 207

Inventory Reduction Supply Chain Planning Software Cost Reduction Logistics Network Optimization Software 207

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. Large Language Model (LLM) This model is trained on vast amounts of text, can interpret what you’re asking of it, and can put a response in words that you can understand.

Supply Chain Software 118

Supply Chain Software Logistics Network Optimization Software Modeling Software Supply Chains 118

Logistics Viewpoints

JUNE 8, 2022

At that time, I wrote about the COVID pandemic, and how similar events occur that elevate the uncertainty of the market. These events make accurate forecasting very difficult. For example, interest rate hikes tend to deter lower priority investments and those that require debt financing. Review of Prior Impactful Events.

Scenario Planning 131

Scenario Planning Analysis Events Purchasing Skills 131

Logistics Business Magazine

JULY 13, 2022

The effects of climate change are hard to predict, but it is possible to model the risks and opportunities that might occur,” said Heather Wheatley, senior director analyst with the Gartner Supply Chain practice. According to the survey, 44% of respondents have a general sense of potential climate change risks based on previous events.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling Software 62

Logistics Viewpoints

MARCH 20, 2023

The supply chain planning market got started when supply chain models were put into in-memory databases in the early 1990s. The Power of Flexible Modeling Based on their background, o9’s cofounders understood the strengths and weaknesses of existing planning technology. A very powerful modeling framework was required.”

Supply Chain Planning Software 126

Supply Chain Planning Software Modeling Software Procurement Solutions Supply Chain Software 126

Logistics Business Magazine

MARCH 13, 2024

Modern multi-tier logistics networks are spread between hundreds of suppliers across multiple continents—under this globalised model, businesses enjoy maximised distribution efficiency when all is well. Similarly disruptive weather events are taking place right across the globe. Let’s use the conflict in the Red Sea as an example.

Supply Chain Planning Software 64

Supply Chain Planning Software Supply Chain Software Supply Chains Modeling Software 64

Talking Logistics

FEBRUARY 20, 2018

When you’re in the market for a TMS, it’s important to look beyond terms like SaaS or cloud in order to really understand your hosting options, how the data model will enable better business efficiencies and service, and the ease of integrations. Data Models Influence Flexibility.

Modeling Software 61

Modeling Software Logistics Network Optimization Software Modeling Data 61

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. Generative AI models will streamline the onboarding of ERP users as well as enhance sales and training processes.

ERP 59

ERP Supply Chain Planning Software Modeling Software Optimization Software 59

Logistics Viewpoints

DECEMBER 6, 2020

Many companies have a metric that measures plan accuracy and these companies work, for example, to move plan accuracy from 75% to 78%. According to Cyrus Hadavi, the CEO of Adexa, the key to concurrency (which Adexa calls “event driven planning”) is a unitary model of the extended supply chain, both horizontal and vertical.

Supply Chain Planning Software 78

Supply Chain Planning Software Scenario Planning Modeling Software Supply Chain Software 78

Logistics Viewpoints

NOVEMBER 14, 2022

Many-to-many can also refer to many participants in a network accessing many, many sources of event data critical to supply chain operations through a public cloud network. A knowledge graph does not start with a model of the supply chain, it creates that model based on what the data shows to be true. Infor Nexus.

Supply Chain Planning Software 135

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 135

AIMMS

MAY 22, 2018

New import tariffs being introduced across the globe, extreme weather events, Brexit… The list goes on and on. For example, we don’t know where the next tsunami or hurricane will hit. Let’s consider some examples. What happens if one of my manufacturing plants goes down due to an unforeseen weather event?

Supply Chain Design Software 86

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 86

SYSPRO Smarter ERP

FEBRUARY 9, 2022

This pressure is coming both from healthcare providers and consumers who may also now have a choice between a medical device and a consumer device that performs a similar function – hearing aids vs earphones is an example. A new business model. The standard business model for medical device manufacturers has been to sell a product.

ERP 105

ERP Modeling Software Supply Chain Design Software Supply Chain Software 105

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

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 173

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 173

AIMMS

MAY 21, 2018

New import tariffs being introduced across the globe, extreme weather events, Brexit… The list goes on and on. For example, we don’t know where the next tsunami or hurricane will hit. Let’s consider some examples. What happens if one of my manufacturing plants goes down due to an unforeseen weather event?

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 62

AIMMS

MAY 22, 2018

New import tariffs being introduced across the globe, extreme weather events, Brexit… The list goes on and on. For example, we don’t know where the next tsunami or hurricane will hit. Let’s consider some examples. What happens if one of my manufacturing plants goes down due to an unforeseen weather event?

Supply Chain Design Software 73

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 73

Logistics Viewpoints

JUNE 9, 2021

And my impression from discussions with users, and from the discussions at a 2021 Mass Robotics event , is that heterogeneous operating requirements are a reality, therefore making interoperability a top priority. Trail Blazing and Bushwhacking. The first use-case of the MassRobotics standards will be a trial this fall at a FedEx facility.

Optimal Sourcing 214

Optimal Sourcing Modeling Software Factories Automation 214

Logistics Viewpoints

MAY 11, 2023

Specifically, through modeling and simulation of a digital twin you’re able to ‘virtually try before you buy’ — modelling different scenarios quickly and easily without interrupting operations, or committing significant time and capital. Do they purchase a 3D warehouse simulation and modeling tool?

Optimization Software 142

Optimization Software Supply Chain Design Software Modeling Software Digital 142

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. While this approach offers stability, it may not adapt well to dynamic changes in the transportation environment. What Is Dynamic Routing?

Optimal Sourcing 98

Optimal Sourcing Optimization Software Modeling Software Sourcing Strategies 98

Logistics Business Magazine

MARCH 21, 2022

Toyota Material Handling is the sponsor of a brand new feature at the Health & Safety Event 2022 – this year’s largest gathering of professionals responsible for running safe and efficient workplaces (NEC, Birmingham, 5-7 April 2022). For example, as long ago as 1999 we launched our iconic SAS – System of Active Stability.

Seminar 63

Seminar Supply Chain Design Software Modeling Software Logistics Network Optimization Software 63

Logistics Business Magazine

APRIL 18, 2023

By looking at data through the lens of each ‘entity’ it relates to – the goods being shipped, the transportation vehicle, the ferry ports involved and so on – Entopy’s technology is able to uncover multidimensional insights in real time and capture events hidden in complex datasets.

Supply Chain Planning Software 63

Supply Chain Planning Software Modeling Software Supply Chain Software Freight 63

Freightera

MAY 29, 2024

These events underline the volatility and the rapid evolution within the freight market, compelling carriers and clients to adapt swiftly to remain competitive and efficient. The downfall of Yellow highlights critical vulnerabilities within traditional freight models, particularly those struggling with debt and outdated practices.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Modeling Software Price Reduction Cost Reduction 40

Logistics Business Magazine

MAY 18, 2023

Manchester-born logistics services provider, Cardinal Global Logistics is marking 25 years in business by transitioning to an employee-ownership model – making the firm the biggest employee-owned company of its kind in the world. The company is a great example of delivering strong growth whilst maintaining its core values.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Modeling Software Logistics Modeling 52

Logistics Business Magazine

SEPTEMBER 13, 2022

Clark has given the low-lift trucks with folding operator platform a facelift and combined all model variants under the name PPXS20. For example, the new series has power steering as standard and is characterised by improved ergonomics and greater user-friendliness. The vehicle brakes automatically when the driver releases the tiller.

Trucking 63

Trucking Modeling Software Material Savings Logistics Network Optimization Software 63

AIMMS

MARCH 2, 2021

Some examples: They have used the same source data, while for S&OP they would aggregate data into monthly and product group buckets , for S&OE they would use the product and day/week level of data. To develop a custom model for S&OE, how do you gather the raw data and what does the architecture look like?

Optimal Sourcing 83

Optimal Sourcing AIMMS Supply Chain Planning Software Modeling Software 83

Logistics Viewpoints

APRIL 1, 2021

Here are some examples of such use cases. Building optionality in the supply chain through collaborative sourcing: Supply chain teams can proactively identify choke points within the existing network by leveraging emerging technologies such as digital twins and advanced analytics, and modeling their end-to-end supply chains.

Optimal Sourcing 113

Optimal Sourcing Manufacturing Procurement Procurement Analytics Supply Chain Planning Software 113

Material Handling and Logistics

DECEMBER 6, 2018

Servitization offers a new business model that shifts a company’s emphasis from what it makes to what it can offer customers. Servitization is a business model in which a machine (i.e., For example, a public warehouse forklift user could be charged a fee of $3.75/ton A New Business Model. break/fix) and improve (i.e.,

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Optimization Modeling Modeling Software 100

Logistics Business Magazine

JULY 6, 2022

As the environmental impact of supply chain activities is more widely understood, now is the time for supply chain professionals to prioritise sustainability in their logistics plans in order to be both successful and make a positive global impact, says IMHX 2022 Event Director, Rob Fisher.

Supply Chain Planning Software 67

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Sourcing Strategies 67

Logistics Business Magazine

MARCH 19, 2024

Strong – electric power for peak performance The models in the SE25-35 series are equipped with two low-noise AC traction motors, each with 9.0 The maintenance-free multi-disc brakes with oil cooling, for example, also prove their worth on wet or dusty surfaces thanks to their powerful braking effect.

Modeling Software 63

Modeling Software Logistics Network Optimization Software Sourcing Strategies Trucking 63

FreightWaves SONAR

MARCH 9, 2021

Unlike waiting on data on freight tenders until the bill is paid, audited, and settled, submitted tender data via EDI or API offers a better way to approach predictive modeling of logistics. Obviously, that’s only one example, but it shows the value of insight and using data that’s available now. .

Data 98

Data Reliability Supply Chain Planning Software Trucking 98

Logistics Viewpoints

FEBRUARY 8, 2022

According to a recent article in Forbes , 48% of consumers today prefer a hybrid shopping model that combines online and in-store components. For example, they might browse products online, but visit a brick-and-mortar store to finalize their selection. due to the higher costs associated with online selling.

Optimal Sourcing 113

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 113

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 112

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling Software 112

Logistics Bureau

DECEMBER 4, 2023

It’s a random approach in which, for example, a consignment of electric blenders might find a home in a storage location between bottles of shampoo on one side, and dog collars on the other. Does this mean it’s possible to come across the same model of electric blender in various locations as you walk through the warehouse?

Inventory Reduction 88

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 88

Ship Monk

AUGUST 28, 2023

B2B, B2C, C2B, C2C, DTC — that looks more like a bowl of alphabet soup than a list of business models, and we’ve just scratched the surface. Let’s take a look at the different types of ecommerce business models out there, with some examples of each. What is a Business Model?

Modeling Software 52

Modeling Software eCommerce Modeling Manufacturing Procurement 52

GoShip Blog

OCTOBER 5, 2023

This sharing model makes obtaining an accurate LTL quote easy. Supply and Demand : Seasonal demands, like the holiday shopping surge or event-driven spikes, such as those caused by global events or natural disasters, can significantly impact freight shipping quotes.

Modeling Software 52

Modeling Software Optimization Software Freight Price Reduction 52