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 50

Modeling Software Freight Transportation Cost Reduction 50

AIMMS

JUNE 5, 2019

An interesting example of this is the capability AIMMS has provided in the utility grid business for the last 15 years. Tens of thousands of demand nodes, 2,000 supply nodes and industrial pricing are all synchronized to best effect every 15 minutes. What about Configure, Optimize & Respond?

Supply Chain Planning Software 62

Supply Chain Planning Software Optimization Software Scenario Planning Supply Chain Software 62

Logistics Viewpoints

JULY 22, 2021

Supply Chain Design wherein nodes, modes, flows, and policies driving a supply chain are reviewed and realigned to business objectives is emerging as a discipline to build resilience into S&OP. For example, forecasts are generated using the past three years of history, implicitly assuming history repeats.

Supply Chain Planning Software 146

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Scenario Planning 146

Talking Logistics

NOVEMBER 27, 2017

One of the trends I’ve been writing and talking about is how the clockspeeds of every industry are accelerating and how companies are having a hard time realigning their processes, organizational structures, and technology platforms to keep up with this rapid pace of change.

Supply Chain Planning Software 61

Supply Chain Planning Software Supply Chain Design Software Scenario Planning Supply Chain Design 61

Logistics Viewpoints

AUGUST 29, 2022

If a supplier’s continued material flow becomes questionable for a wide range of reasons, the way that supplier’s components flow to various factories and nodes in the supply chain is graphically illustrated and the appropriate commodity managers are automatically notified. In riskmethods risks are elevated using heat bubble maps.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Supply Chain Software 116

Logistics Viewpoints

MARCH 20, 2023

A graph database stores nodes and relationships instead of tables, or documents. For example, for a yogurt company, decision of where to ship a short lifecycle product coming out of a factory is done daily because “demand can shift in very short time frames.” The data required will be different in different industries.

Supply Chain Planning Software 125

Supply Chain Planning Software Modeling Software Procurement Solutions Supply Chain Software 125

Now, That's Logistics

MARCH 12, 2018

In fact, the industry is poised for a paradigm shift, and it will be up to market players to position themselves in order to stay relevant. Blocks of information are distributed and accessed by several hub points, called “nodes”, that support a network. Blockchain is likewise advancing in the logistics industry.

Logistics Network Optimization Software 68

Logistics Network Optimization Software Supply Chain Software Modeling Software Material Savings 68

Talking Logistics

MARCH 21, 2018

Here are a few examples: Maersk and IBM to Form Joint Venture Applying Blockchain to Improve Global Trade and Digitize Supply Chains. In a research brief about blockchain , CB Insights also highlights scalability as an issue: Nodes holding copies of the blockchain receive constant updates. These nodes are distributed around the world.

Supply Chain Software 93

Supply Chain Software Supply Chains Logistics Network Optimization Software Modeling Software 93

Shipchain

JULY 30, 2020

Its mainnet provides one of the highest levels of functionality available in the freight and logistics business today; and its exciting capabilities provide public tools for the supply chain industry to improve itself. Becoming a ShipChain Validator / Node Operator. Higher Transaction Throughput. While ShipChain Inc. Medical Equipment.

Nodes 34

Nodes Logistics Network Optimization Software Supply Chain Software Food and Agriculture 34

Talking Logistics

MAY 6, 2019

In fact, two-thirds of the companies we surveyed characterized their omni-channel fulfillment performance (relative to peers in their industry) as average or below, with 30 percent characterizing it as below average. That said, as we further evaluate the data we find even Above Average Performers have significant room for improvement.

Optimal Sourcing 83

Optimal Sourcing Inventory Supply Chain Software Optimization Software 83

247 Customs Broker

SEPTEMBER 24, 2018

In fact, two-thirds of the companies surveyed characterized their omni-channel fulfillment performance (relative to peers in their industry) as average or below, with 30 percent characterizing it as below average. Performance Leaders Have Greater Real-Time Inventory Visibility Across Supply Chain Nodes.

Optimal Sourcing 28

Optimal Sourcing Inventory Nodes Manufacturing Procurement 28

Now, That's Logistics

JULY 13, 2018

With newer, nimbler competitors setting sourcing and supply standards in more and more industries, supply chain executives urgently need to seize the chance to work with the business,” Accenture notes in its recent report, Drive Your Own Disruption: Is Your Supply Chain in Sleep Mode?

Supply Chain Software 60

Supply Chain Software Supply Chains Logistics Network Optimization Software Sourcing Strategies 60

Logistics Viewpoints

APRIL 7, 2022

As an example, a major retailer whose market presence is in the Americas realized that several of their shipments that originate in China pass through Russia to make their way to the west and are now subject to shipment backlogs. Some may have believed themselves to be immune at one point, but now their perspective is shifting.

Supply Chain Design Software 143

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 143

Penske Move Ahead

OCTOBER 3, 2023

Transportation costs—driven by increases in all modes and nodes—reached $1.39 The report found, for example, that 3PLs are nearly twice as likely to provide real-time data on items in transit compared to shippers. The 34th Annual State of Logistics Report was first presented by Penske Logistics on June 20. of the national GDP.

Logistics Network Optimization Software 54

Logistics Network Optimization Software Supply Chain Software Logistics Supply Chains 54

Globalior

JULY 13, 2020

This refers to physical facilities of all nodes related to the supply chain such as the manufacturing site, distribution centres, ports of use and even customer locations. What are some important elements of supply chain management? Supply chain management has several elements that need to be considered. The supply chain network.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Vendor Strategies 52

Chronicled

APRIL 2, 2020

This decentralized solution, powered by blockchain, has started the transformation of how companies in the Life Science industry will do business together. Industry estimates guess that 1–4% of a company’s revenue?—? that is $5–20 Billion industry wide ?—?is Industry estimates guess that 1–4% of a company’s revenue?

Procurement Solutions 52

Procurement Solutions Price Reduction Networks Manufacturing Procurement 52

10xLogistics

AUGUST 24, 2016

He says: " But for all the speed and mobility an evolving new model like this brings, there are tried-and-true, iron-clad laws of physics, geography and time that need to be respected by newcomers to the industry." This hints that the author thinks of the final delivery in isolation but in reality this is just one part of the overall cost.

Cost Reduction 48

Cost Reduction Material Savings Freight Nodes 48

Penske Move Ahead

JUNE 20, 2023

Transportation costs—driven by increases in all modes and nodes—reached $1.39 For example, American imports of Mexican manufactured goods grew a staggering 26% last year. Overall Logistics Costs In 2022, the market swung back sharply in shippers’ favor, and supply and demand largely rebalanced across all modes of transit.

Supply Chain Software 56

Supply Chain Software Negotiating Skills Supply Chains Logistics Network Optimization Software 56

IoT World Today

JANUARY 15, 2019

Among the multitudes of industries benefiting from IoT technology is fleet management. As a sensor node can be attached to nearly anything in a vehicle that a manager wants to keep track of, nearly any type of data can be collected. For example, Parcelive, which provides a customer with a tracker screened and placed into the parcel.

Optimization Software 72

Optimization Software Logistics Network Optimization Software Price Reduction Expense Reduction 72

IoT World Today

MARCH 5, 2019

For example, a factory relies on raw material deliveries could learn through an IoT device on the shipment that it is headed in the wrong direction. For example, IoT devices in the shape of sensors are key to any track-and-trace use case which also requires that goods are kept within in a particular temperature range.”.

Logistics Network Optimization Software 85

Logistics Network Optimization Software Tracking and Tracing Supply Chain Software Logistics 85

The Logistics Academy

NOVEMBER 3, 2016

Logistics is the connection from one node or point to another; supply chain is a series of sequential nodes or points connected to one another. Supply chain comprises all aspects of a product cycle from origin to end user, for example from farm to fork. Benn Bekic. Chief Strategy Officer, WiseTech Global. Michael Fries.

Supply Chain Planning Software 40

Supply Chain Planning Software Manufacturing Procurement Optimal Sourcing Supply Chains 40

Logistics Bureau

JULY 10, 2018

This means for example, that marketing-campaign planning involves manufacturing and procurement functions, to ensure preparedness for an uptick in product demand. Software-as-a-service (SaaS) solutions for example, are ideal for coping with variable demands on digital systems. The Risks of Information-Sharing. The DDSC Network Effect.

Supply Chain Planning Software 48

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

Bringg

AUGUST 5, 2020

To justify the price of square footage, retail locations must now serve as a node in eCommerce fulfillment. Many retailers have been forced to close locations due to either shelter-in-place rules, or to the shift among consumers to prioritize necessary spending over discretionary retail purchases.

Trends 118

Trends Modeling Software Optimization Software Optimization Modeling 118

Shipchain

SEPTEMBER 4, 2019

Some companies are even hopping on the “blockchain bandwagon” without considering whether it’s actually useful in their industry. In the shipping and logistics industry, enterprises are already beginning to realize that private blockchains are simply not the solution they’ve been sold. EDI is prevalent in the industry today. .

Supply Chain Planning Software 48

Supply Chain Planning Software Logistics Network Optimization Software Industry Supply Chain Software 48

GlobalTranz

FEBRUARY 25, 2015

We encourage our audience to visit The Catavolt Blog for more relevant posts about mobility in manufacturing for best practices, tips, and great industry insights. What is an Example of Internet of Things? Smart industrial management systems can also be integrated with the Smart Grid, thereby enabling real-time energy optimization.

Manufacturing Procurement 107

Manufacturing Procurement Optimization Software Logistics Network Optimization Software Supply Chain Planning Software 107

Logistics Viewpoints

JANUARY 25, 2024

Consider a planner in Brazil working with the previous lead time prediction example, who has forgotten how to update the parameters. Sometimes hilarious examples of its “hallucinations” illustrate its failure to understand ( My Dinners with GPT-4 by Justin Smith-Ruiu is one of my favorites).

Supply Chain Planning Software 139

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 139

The Logistics of Logistics

MARCH 13, 2021

MetaExperts align with your industry and OpEx initiatives (i.e., Response to node failures is robust. Example: A surgery center or aviation company will focus more on effectiveness, while a company selling high-volume novelty items will focus on efficiency. Perfect fulfillment capable.

Sourcing Strategies 195

Sourcing Strategies Inventory Reduction Resource Reduction Price Reduction 195

Bringg

AUGUST 4, 2020

In my opinion, one of the best resources in the industry for sifting through the hype and finding those high impact innovations is Gartner’s Hype Cycle for Supply Chain Execution Technologies, 2020. In the last two weeks alone, we launched major transformations for three leading retailers (here’s one example).

Supply Chain Planning Software 62

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Design Software Supply Chain Software 62

Logistics Viewpoints

JANUARY 13, 2022

However, such pivots will take several years and will be extremely capital intensive in some industries such as semiconductors or pharmaceuticals. American Supply Chain Resilience Act and the German Supply Chain Act are just two examples of this.

Supply Chain Design Software 142

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 142

Logistics Viewpoints

FEBRUARY 23, 2023

Transparency into the inter-relationships of actions clarifies their systemic impact, not just the effect on a single node. For example, giving people common information in real-time lets them see consequences of any decision and learn to collaborate to make better ones. A snapshot may optimize one link but won’t optimize the chain.

Supply Chain Planning Software 118

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Digital 118

Logistics Bureau

JANUARY 17, 2022

t level, it’s the idea of industrial, natural, human, and technological systems, working in concert to create a better world—a world that we share, where we have a profound respect for the environment and the social needs that we must meet. Sustainable Supply Chain in Action: An Example. Do we need to buy it?”

Supply Chain Design Software 109

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 109

247 Customs Broker

DECEMBER 5, 2018

Industrial real estate is also in short supply and increasingly expensive. Congro recommends utilizing a multi-node network that allows you to get as close to customers as possible and minimizes any “last-mile” gaps that keep customers from getting their goods on time. Space and staffing issues compound shippers’ problems.

Networks 28

Networks Distribution Supply Chain Planning Software Inventory Reduction 28

247 Customs Broker

DECEMBER 5, 2018

Industrial real estate is also in short supply and increasingly expensive. Congro recommends utilizing a multi-node network that allows you to get as close to customers as possible and minimizes any “last-mile” gaps that keep customers from getting their goods on time. Space and staffing issues compound shippers’ problems.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Software Networks Supply Chains 28

Stord

NOVEMBER 30, 2022

For example, we are fortunate to partner with one of the largest beverage companies in America who came to us because — with 20+ different 3PLs across the country to manage, increasing last-mile costs, and fluctuating demand from their customers — distribution was an uphill climb. They increased speed-to-market.

Modeling Software 60

Modeling Software Distribution Optimization Software Supply Chain Software 60

Chronicled

FEBRUARY 8, 2021

Group Purchasing Organizations (GPOs) offer enormous benefits to the healthcare industry by providing efficiency and cost reduction to healthcare providers. This is a problem with minimal opportunities for improvement under the current industry process. However, the group purchasing market in the United States is extremely competitive.

Purchasing Skills 52

Purchasing Skills Price Reduction Negotiating Skills Manufacturing Procurement 52

Logistics Bureau

OCTOBER 9, 2023

In our work with clients, we often succeed in making an existing network more effective by removing a distribution node or two. It’s worth remembering, for example, that secondary distribution tends to generate higher transportation costs than primary distribution.

Supply Chain Design Software 90

Supply Chain Design Software Supply Chain Design Distribution Networks 90

Logistics Business Magazine

JANUARY 17, 2022

Firstly, the UK’s construction and building industries rate really poorly in international terms for their use of concrete, steel and other energy-intensive materials – and ‘net zero carbon’ steel or cement are still largely aspirations, rather than achievable realities. Then there are planned peak requirements.

Material Savings 54

Material Savings Sourcing Strategies Waste Reduction Cost Reduction 54