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The 4 Ps of Logistics: An Overview of the Model for Success in Shipping

MTS Logistics

There are many different models that ensure success in any company, but for the purposes of simplicity, we have chosen one model: the 4 Ps of logistics (product, price, promotion, and place). Product The P for product can simply refer to the product itself or can be present in more subtle ways.

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Digital twins help postal and logistics companies plan for the future

Logistics Business Magazine

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 60
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“95 Thesis” on Kaizen Events and TPS

The Lean Thinker

Kaizen Events. Kaizen events (or whatever we want to call the traditional week-long activity): Can be a useful tool when used in the context of an overall plan. Our operating system) is, by our own model, the “Operational Excellence” pillar of (our business system). Kaizen tools included. Every tool, technique, etc.

Events 44
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Predictability in a Time of Uncertainty: Machine Learning in Logistics

Logistics Viewpoints

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.

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Digital technology helps mitigate climate change risk

Logistics Business Magazine

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.

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Toyota extols safer logistics at seminar 

Logistics Business Magazine

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 62
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Top Take Aways from Oracle CloudWorld

Logistics Viewpoints

What follows are my top take aways from the event. 1-800-Flowers gave a presentation in which they talked about implementing Oracle warehouse management and transportation management systems in the Cloud. OTM is a very mature application, for example. Oracle’s Technology Value Proposition.