SYSPRO Smarter ERP

MAY 2, 2024

Here are some real-world examples of AI use cases in manufacturing: Improve data processing and analytics by recognizing context and generating valuable predictions and insights to help manufacturers make better decisions and optimize their performance. It’s like a neural network where every part communicates efficiently.

ERP 59

ERP Supply Chain Planning Software Modeling Software Optimization Software 59

GlobalTranz

DECEMBER 5, 2018

For example, a black swan event may include both the physical damage and ongoing disruption caused by a hurricane and subsequent bottlenecks, so shippers that know how to isolate the causes of poor visibility and areas that are likely to contribute to worsening of black swan events can effectively reduce their chances of coming to fruition.

Price Reduction 67

Price Reduction Resource Reduction Cost Reduction Inventory Reduction 67

Logistics Business Magazine

DECEMBER 16, 2021

Governments across the globe are urging businesses to do more to reduce greenhouse gas emissions across the supply chain. In response, companies are taking sustainable leadership to new levels, with a particular focus on reducing their Scope 3 emissions to actively assist in supply chain decarbonisation.

Waste Reduction 59

Waste Reduction Vendor Strategies Cost Reduction Resource Reduction 59

ShipLilly

APRIL 7, 2021

This includes events that are caused or worsened by the weather conditions. Ultimately, this is about protecting the supply chain from events that are unexpected and largely outside of your control. That hope does not seem to be coming to fruition given events such as the ONE Apus incident which have dented customer confidence.

Cost Reduction 59

Cost Reduction Expense Reduction Inventory Reduction Resource Reduction 59

WorkWave

MARCH 27, 2023

Work with community leaders to sponsor events where you can discuss your brand’s focus on the community. You can also develop marketing strategies that resonate with community members. For example, local employees might understand local culture and customs. This can reduce the time required to introduce employees to the area.

Expense Reduction 52

Expense Reduction Cost Reduction Resource Reduction Vendor Strategies 52

Logistics Viewpoints

FEBRUARY 17, 2023

The initiative involves placing RFID tags on packages and wearable devices on employees to eliminate manual scans, reduce misloads, and accelerate parcel throughput in the delivery giant’s warehouses. The booming shopper interest in sustainability is having a major influence on supermarket operating strategies. buildings.

Supply Chain Planning Software 121

Supply Chain Planning Software Logistics Network Optimization Software Cost Reduction Waste Reduction 121

GlobalTranz

AUGUST 19, 2015

It's the classic paradox of the internet: there's an enormous number of resources out there, but finding them can be a huge hassle. That's why we've put together 5 free resources for freight brokers like you can't afford to miss out on. Take advantage of these and other freely available resources and you'll be on track for success.

Resource Reduction 84

Resource Reduction Freight Training Blog 84

Trimble

JANUARY 18, 2022

Back in October 2021, world leaders gathered in Glasgow, Scotland, at the United Nations (UN) climate change conference (COP26) to make a pledge to further cut carbon dioxide emissions; the major contributor to climate change. Carriers need to keep a tight rein on costs in order to remain competitive and maintain profitability.

Supply Chain Planning Software 52

Supply Chain Planning Software Cost Reduction Expense Reduction Resource Reduction 52

Stord

MARCH 5, 2019

Another company, Packsize, explained how its On Demand Packaging eliminates waste and saves customers money. For example, speakers from Walmart and Best Buy shared how they they gained better freight visibility and created a shorter returns cycle.

Conference 78

Conference Waste Reduction Optimal Sourcing Resource Reduction 78

Logistics Viewpoints

NOVEMBER 29, 2022

It is the world’s biggest sporting event that highlights the globe’s most popular sport. In this example, the tournament location, required infrastructure development, and very scope 3-heavy nature of the event, make the since retracted claim of a “plastic- and carbon-neutral” seem, well, kind of silly to make to being with.

Industry 120

Industry Resource Reduction Examples Article 120

EazyStock

AUGUST 8, 2023

Smart inventory managers plan for Chinese New Year (aka Lunar New Year) many months before the event. For example, how much extra stock do you order to cover your forecasts? If you have the resources, it makes sense to talk to each supplier to understand their constraints during CNY and set up each calendar accordingly.

Inventory Reduction 52

Inventory Reduction Inventory Resource Reduction Scenario Planning 52

Logistics Business Magazine

OCTOBER 9, 2023

Enhanced route planning Up to now a driver has set off with a fixed route, perhaps a regular round, or one planned a day or two earlier, and it is up to him/her to work out the best response to an accident, traffic jam or other event as and when these arise. A minor example is some work we recently did for Birlea.

Warehousing 59

Warehousing Sourcing Strategies Supply Chain Planning Software Resource Reduction 59

FourKites

DECEMBER 11, 2020

We’ll list some examples of inventory risks below, but generally speaking, inventory risk cost can be assessed as the probability of any event occurring which can damage or cause you to lose your investment in that inventory, coupled with the total value of potential lost goods. Examples of inventory carrying costs.

Inventory Reduction 52

Inventory Reduction Cost Reduction Expense Reduction Resource Reduction 52

Logistics Business Magazine

JANUARY 26, 2024

To cite just one example, a study published in late 2023 on the introduction of wearable exoskeletons found that they could reduce muscle strain in workers with the most strenuous jobs by up to 30 percent. Accuracy rose 27 percent, and speed was up 10 percent.

Optimization Software 59

Optimization Software Logistics Network Optimization Software Resource Reduction Material Savings 59

Logistics Viewpoints

FEBRUARY 8, 2022

For example, they might browse products online, but visit a brick-and-mortar store to finalize their selection. As just one example, Nike’s online sales grew by 75% in 2020 — but its profit margins fell from 45.5% due to the higher costs associated with online selling. The next step? Transportation: Moving to a Digital Environment.

Optimal Sourcing 113

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

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.

Optimal Sourcing 98

Optimal Sourcing Optimization Software Modeling Software Sourcing Strategies 98

AIMMS

FEBRUARY 26, 2020

Avenues of transport are declining as major cargo airlines, like Cathay Pacific , drastically reduce flights to mainland China and Hong Kong. Demand simulations can highlight strategic warehous e , plant and supplier locations and test the robustness of strategies under different growth expectations.

Supply Chain Planning Software 146

Supply Chain Planning Software Supply Chain Design Software Scenario Planning Supply Chain Software 146

Logistics in War

MARCH 7, 2020

Lessons can come from extrapolating what we witness every day; from events that capture tangible and intangible aspects of sustaining normal life. If production or availability cannot increase, an inefficient transfer of resources from one area of the battlefield to the other can upend strategy.

Military 142

Military Resource Reduction Supply Chain Planning Software Scenario Planning 142

ShipLilly

OCTOBER 14, 2021

The customary hurdles include events like the Chinese New Year which disrupts supply chains. For example, when a port is shut down, flights are often cancelled as well. This is the time to develop and finesse a strategy for managing the hurricane season. Developing a strategy for the hurricane season.

Vendor Strategies 84

Vendor Strategies Resource Reduction Price Reduction Cost Reduction 84

EazyStock

DECEMBER 8, 2021

Chinese New Year (aka Lunar New Year) might seem like a long way off, but smart inventory managers will be starting to plan for this event very soon. For example, how much extra stock do you order to cover your forecasts? The post Inventory Planning to Reduce Chinese New Year Disruption appeared first on EazyStock.

Inventory Reduction 52

Inventory Reduction Inventory Resource Reduction Scenario Planning 52

Now, That's Logistics

JANUARY 7, 2021

During a year when e-commerce sales skyrocketed, the global pandemic impacted supply chains around the globe, and transportation capacity contracted across most modes, while companies worked to get their logistics strategies realigned with this “new normal” operating environment. Playing the Waiting Game.

Sourcing Strategies 122

Sourcing Strategies Trends Manufacturing Procurement Logistics Network Optimization Software 122

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. They can also identify the most efficient picking and packing routes and allocate resources accordingly.

Optimization Software 142

Optimization Software Supply Chain Design Software Modeling Software Digital 142

Logistics Viewpoints

MAY 22, 2023

Their time frame was short and resources limited. For example, we can have “Texas Small Volume” customers and “Florida Peak Season” customers, or “East Coast High Margin” customers and “Carolinas High Priority” customers. Once you have a model in place, it becomes possible to play out various events and find the best way to react.

Supply Chain Design Software 107

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

Logistics Bureau

JULY 10, 2018

While the development of a wholly demand driven supply chain (DDSC) might not be for every enterprise, there is no doubt that many can benefit from such as strategy. “In a world that’s changing really quickly, the only strategy that is guaranteed to fail is not taking risks.” ” – Mark Zuckerberg.

Supply Chain Planning Software 48

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

WorkWave

MARCH 29, 2023

Here are a couple of examples: Peak business seasons : Many businesses experience peak seasons during specific times of the year, such as holidays, festivals, or summer vacations. Special projects or events : Businesses may also require additional staff for short-term projects or events outside their regular operations.

Buyer Training 52

Buyer Training Expense Reduction Resource Reduction Cost Reduction 52

Blue Grace Logistics

OCTOBER 29, 2021

Create an Employee Resource Group. One of the most common trends among WIT’s Top 100 companies was the establishment of employee resource groups (ERGs), often employee-led voluntary committees that represent a specific group of individuals. BlueGrace’s No.

Resource Reduction 62

Resource Reduction How To Sourcing Strategies Groups 62

The Logistics of Logistics

MARCH 13, 2021

Sourcing Strategy: Effective vs Efficient with Ron Crabtree. Joe Lynch and Ron Crabtree discuss sourcing strategy: effective vs efficient. When developing a sourcing strategy, the focus can be effectiveness (gaining desired results) or on efficiency (reducing cost, labor, and resources used). About Ron Crabtree.

Sourcing Strategies 195

Sourcing Strategies Inventory Reduction Resource Reduction Price Reduction 195

WorkWave

MAY 8, 2024

For example, integrating your GPS device with route optimization software enables managers to monitor whether drivers exceed speed limits, thus reinforcing safety protocols and reducing the likelihood of accidents. Effectively Manage Risk: With multiple drivers on the road during last-mile delivery, the risk of accidents rises.

Optimization Software 105

Optimization Software Optimization Data Vendor Strategies 105

Logistics Business Magazine

OCTOBER 19, 2023

Operating over three years, the UK Research & Innovation funded DUKFT Network, a collection of over forty academic, policy and industry organisation, undertook six research projects and two stakeholder events exploring how to mobilise investment that can enable UK freight decarbonisation whilst managing risk and maximising opportunity.

Modeling Software 48

Modeling Software Freight Transportation Cost Reduction 48

Blue Grace Logistics

SEPTEMBER 28, 2021

In a 2021 study by Inbound Logistics, logistics technology providers said that 58% of their shippers were concerned with capacity constraints, triggering 68% of shippers worried about how they were currently optimizing their transportation resources.

Negotiating Skills 103

Negotiating Skills Cost Reduction Supply Chain Planning Software Capacity 103

GlobalTranz

FEBRUARY 25, 2021

For example, the reverse logistics process includes the management and the sale of surplus as well as returned equipment and machines from the hardware leasing business. Normally, logistics deal with events that bring the product towards the customer. Integration with Supply Chain Partners will Improve Your Return Logistics Strategy.

Reverse logistics 84

Reverse logistics Inventory Reduction Cost Reduction Material Savings 84

FreightWaves SONAR

NOVEMBER 24, 2020

Analytic data resources for brokers are great, but it’s equally important to realize that FreightWaves SONAR is much more than a broker-exclusive resource. As reported by Forbes , “Many companies, for example, have moved to e-commerce[…]This means shipping via B2C channels versus B2B channels. Email and fax don’t cut it.

Data 105

Data Supply Chain Planning Software Resource Reduction White Paper 105

Trimble

JUNE 13, 2023

The truth is the cost of unplanned stops and out-of-route events could be costing your business more than you think. Out-of-Route events refer to instances where a driver deviates from the planned route or makes unplanned stops during a trip. One effective approach is to leverage accurate route planning technologies.

Cost Reduction 52

Cost Reduction Optimization Software Events Expense Reduction 52

Logistics Business Magazine

OCTOBER 12, 2023

However, it also harbours the potential to disrupt these pivotal strategies if they are not managed appropriately, writes Transporeon CEO Stephan Sieber. In fact, the lack of any meaningful evolution predates events such as the war in Ukraine, the energy crisis, and even the pandemic. So why is it being neglected?

Logistics Network Optimization Software 52

Logistics Network Optimization Software Industry Supply Chain Software Logistics 52

Shipping and Freight Resource

NOVEMBER 17, 2021

Latest release of DCSA’s Just-in-Time Port Call Programme provides interface standards and API definitions for all 50 port call event timestamps. The interface standards allow carriers, ports, terminals and other service providers involved in a port call to exchange event data in a uniform way, enabling automated data exchange.

Optimal Sourcing 84

Optimal Sourcing Sourcing Strategies Definition Tracking and Tracing 84

Logistics Business Magazine

APRIL 18, 2023

Digital transformation brings many benefits to a business, and Aptean is well placed to steer customers towards a more profitable future, whether that’s optimizing time and resources, eliminating security concerns, or achieving sustainability targets. The same holds true for the increasing need to reduce carbon use.

eBook 60

eBook Optimization Software Logistics Network Optimization Software Digital 60

SYSPRO Smarter ERP

APRIL 4, 2024

On the shop floor we see challenges around scheduling to meet delivery requirements, managing the utilisation of capital intensive equipment with small production runs reducing efficiency and creating bottlenecks. Managing varying resource availability while meeting customer orders requires effective planning and scheduling.

Manufacturing Procurement 52

Manufacturing Procurement ERP Supply Chain Planning Software Ordering 52