AIMMS

JUNE 16, 2020

How are companies leveraging scenario modeling for network design and optimization ? The good news is many of the survey’s respondents recognize the potential of more advanced optimization solutions. In the context of disruptions like COVID-19, scenario modeling can make considerable difference – Tweet this.

Scenario Planning 71

Scenario Planning Supply Chain Design Software Supply Chain Design Optimization Modeling 71

Bringg

MARCH 24, 2021

To meet the new demand, companies will have to adjust their operations for greater efficiency, flexibility, and cost reduction. Supply chain optimization ensures a smoother process and a more successful business model focusing on efficiency and profit. What is supply chain optimization? .

Optimal Sourcing 62

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

Logistics Viewpoints

MAY 8, 2023

Increasingly it is recognized that the executive planning meetings, that typically take place once a month, should be chaired by a top floor executive – a chief financial officer, chief operations officer, or even chief executive officer. Meanwhile, inventory optimization and production scheduling are more of a black box.

Supply Chain Planning Software 118

Supply Chain Planning Software Scenario Planning Optimal Sourcing Production 118

Logistics Viewpoints

FEBRUARY 21, 2022

A network design model figures out where factories and warehouses should be located. The key solutions are demand forecasting/inventory optimization, supply planning, and network design. Each time horizon usually has its own model associated with it. Supply and network design models are constraint-based models.

Supply Chain Planning Software 154

Supply Chain Planning Software Scenario Planning Supply Chain Design Software Supply Chain Software 154

AIMMS

SEPTEMBER 25, 2019

There are many great examples where advanced analytics have contributed to social good. North Star Alliance , for instance, uses optimization to find optimal locations for its mobile HIV-AIDS clinics in Africa. Another case that is relevant to our current optimization project is flying children to special needs camps.

Optimization Software 62

Optimization Software Optimization Modeling Optimization AIMMS 62

Logistics Viewpoints

JULY 29, 2021

Machine learning is a process by which learning algorithms are applied to large sets of data to create predictive models. By contrast, other supply chain optimization problems often require data that resides in disparate systems, some of which may be controlled by other entities or may not be accessible in real-time.

Optimization Software 177

Optimization Software Supply Chain Planning Software Supply Chain Design Software Modeling Software 177

TransAudit

DECEMBER 13, 2023

By embracing a circular supply chain, industry leaders can help: Eliminate waste and pollution Circulate products and materials at their highest value Regenerate nature As organizations continue to optimize supply chains , this process can provide significant benefits. A circular supply chain can reduce greenhouse gas emissions.

Supply Chain Design Software 88

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chains 88

Logistics Viewpoints

JANUARY 22, 2024

Omnichannel Retailers Leverage Optimization Historically, omnichannel software solutions were not capable of optimization. An omnichannel order management system helps companies meet growing customer expectations. The hierarchy of rules is too simple to fully optimize profitability.

Supply Chain Software 140

Supply Chain Software Supply Chains Optimization Software Modeling Software 140

AIMMS

NOVEMBER 12, 2015

Optimization is a form of advanced analytics that helps you solve complex decision problems that involve conflicting objectives and constraints, enabling you to make the best use of your business’ limited resources. You can do all of this and more with an optimization technology. Source: Oliver Wight. But how does it work in practice?

Optimal Sourcing 70

Optimal Sourcing Optimization Modeling Optimization Software Modeling Software 70

WorkWave

JANUARY 29, 2024

Time To Read: 3 minutes Efficient route planning is crucial for optimizing operations and ensuring timely deliveries. 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.

Optimal Sourcing 98

Optimal Sourcing Optimization Software Modeling Software Sourcing Strategies 98

AIMMS

SEPTEMBER 28, 2020

In the report, you will find capabilities across five categories: technologies, competencies, frameworks, operating model strategies, and organizational models. These capabilities include Machine Learning and Prescriptive Analytics , and organizational models like Agile Teams. What to prioritize. Network Design.

Supply Chain Design Software 166

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 166

EazyStock

FEBRUARY 1, 2021

In contrast: eCommerce inventory optimization is the art of predicting and managing supply and demand variables while undertaking inventory management processes. The objective of eCommerce inventory optimization is to have the right products in the right place at the right time – as efficiently and cost-effectively as possible.

Inventory Reduction 52

Inventory Reduction Optimization Software eCommerce Inventory 52

AIMMS

FEBRUARY 1, 2021

To do this, we built two representative models of a business. When the models are built, running scenarios with these large businesses can be a lot of fun. Extrapolating to smaller, simpler businesses, it’s likely that an entity needs to be scaled at around $500M annual revenue and above to meet this first ROI hurdle.

Supply Chain Design Software 116

Supply Chain Design Software Supply Chain Software Supply Chain Design Optimization Software 116

Logistics Viewpoints

MARCH 27, 2023

Demand forecasting should be tightly integrated to an inventory optimization application. Machine learning also makes it possible to make more granular forecasts – for example, instead of forecasting demand for the company’s products in the Eastern Region of the U.S., Demand models need to be continuously updated.

Supply Chain Planning Software 113

Supply Chain Planning Software Scenario Planning Optimal Sourcing Supply Chain Software 113

Logistics Viewpoints

NOVEMBER 9, 2023

There are many myths when it comes to the implementation of what some call “ human in the loop ” robotic systems or just optimizing “sharetasking” between humans and robots in the DC. But it is not looking at batch and path optimization without robots. But there is still much to learn. It can be quite static.

Optimization Software 144

Optimization Software Modeling Software Optimization Modeling Picking 144

WorkWave

FEBRUARY 25, 2022

Optimal office environment: Employees who work from the office have often chosen to be there, helping to improve overall office morale. Inform them of any new expectations — including extra meetings or project management requirements — they would need to accommodate. Flexible schedules can help reduce that stress.

Optimization Modeling 52

Optimization Modeling Modeling Software Modeling Automation 52

Logistics Viewpoints

APRIL 24, 2023

The supply chain design solution, for example, continues to grow in depth and usability. An example of this electronically automated process flow would be a buyer asking a supplier if they can provide 1,000 widgets on January 10 th , the seller replies “we can do 950 on July 11 th , is that OK?” Coupa meets this definition.

Supply Chain Design Software 121

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 121

EazyStock

JUNE 16, 2022

For example, navigation apps, facial recognition, smart assistants, and even robot vacuum cleaners at home use this smart tech. ML models teach themselves over time by analyzing trends and spotting anomalies and then offering predictive insights. For example, you can adjust the speed and volume of order processing to meet demand.

Supply Chain Software 52

Supply Chain Software Optimization Software Supply Chains Inventory Reduction 52

SYSPRO Smarter ERP

JUNE 21, 2022

There are many causes, for example, container ships from Asia are now too large to traverse the Panama Canal (20 years ago they were not), so they offload on the West Coast of the United States and are compelled to truck all goods to the East Coast. The AI, for example, should flag any orders that are way beyond the normal demands. .

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Software Supply Chains Optimization Software 105

SYSPRO Smarter ERP

DECEMBER 19, 2022

Then in the early 2000s, a new technology emerged, inventory optimization (IO), which could account for variability and multi-level activity in the supply chain and optimize inventory management policies using a statistical approach to manage both demand and supply variability. Inventory optimization. Challenges of IO and AI.

Inventory Reduction 105

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 105

SYSPRO Smarter ERP

DECEMBER 19, 2022

Then in the early 2000s, a new technology emerged, inventory optimization (IO), which could account for variability and multi-level activity in the supply chain and optimize inventory management policies using a statistical approach to manage both demand and supply variability. Inventory optimization. Challenges of IO and AI.

Inventory Reduction 98

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 98

Logistics Business Magazine

JUNE 22, 2023

Those who can’t meet basic ergonomic requirements no longer have a chance to present themselves on the market as an attractive employer”, Johannes Schweiger says. How, for example, must future user interfaces or tools be designed? That’s why we optimize the positioning of critical components such as motors, for example.

Supply Chain Design Software 58

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Optimization Software 58

Logistics Viewpoints

AUGUST 25, 2021

A TMS offers optimization capabilities across multiple modes to improve service levels and reduce freight spend. A TES is generally mode specific and lack optimization capabilities, but for shippers with simpler transportation requirements, that is often all they need. But machine learning can be used in other innovative ways as well.

Price Reduction 170

Price Reduction Cost Reduction Expense Reduction Supply Chain Planning Software 170

AIMMS

FEBRUARY 1, 2021

To do this, we built two representative models of a business. When the models are built, running scenarios with these large businesses can be a lot of fun. Extrapolating to smaller, simpler businesses, it’s likely that an entity needs to be scaled at around $500M annual revenue and above to meet this first ROI hurdle.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Software Supply Chain Design Optimization Software 62

GlobalTranz

APRIL 18, 2016

Alternatively, this model will be applied to enhance the use of store pick up, which has been used extensively by Wal-Mart to create a comprehensive omnichannel environment. Furthermore, this model of e-commerce and omnichannel solutions has enabled Wal-Mart to optimize load consolidation processes and reduce costs across the organization.

Waste Reduction 91

Waste Reduction Cost Reduction Inventory Reduction Resource Reduction 91

AIMMS

JUNE 5, 2019

Using Gartner’s supply chain CORE model (Configure, Optimize, Respond & Execute) you may find that when hitting the Execute time horizon, there’s simply no time for a human to make a great decision. An interesting example of this is the capability AIMMS has provided in the utility grid business for the last 15 years.

Supply Chain Planning Software 120

Supply Chain Planning Software Optimization Software Supply Chain Software Scenario Planning 120

Logistics Viewpoints

APRIL 3, 2023

For example, a suggestion from the system might be to transfer 96,154 units of a stock keeping unit to a distribution center in Denver to fill a projected backorder. This incumbant solution might come up with the monthly demand plan, for example, but then the Aera technology is adjusting that plan based on what is happening in the market.

Supply Chain Planning Software 151

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 151

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 Solutions are supplied to maintain (i.e.,

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Optimization Modeling Modeling Software 100

AIMMS

SEPTEMBER 28, 2020

In the report, you will find capabilities across five categories: technologies, competencies, frameworks, operating model strategies, and organizational models. These capabilities include Machine Learning and Prescriptive Analytics , and organizational models like Agile Teams. What to prioritize. Network Design.

Supply Chain Design Software 62

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

Logistics Viewpoints

MAY 4, 2023

Optimizing a vast and complex supply chain is a growing challenge for Consumer Packaged Goods (CPG) firms. For example, it’s critical to identify where to focus advertising and how to allocate it for specific products across countries. Getting past disparate systems and centralizing data was critical. The challenges don’t stop there.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply Chains Modeling Software 130

AIMMS

MAY 22, 2018

For example, we don’t know where the next tsunami or hurricane will hit. You should be able to model unforeseen disruptions, understand their impact, and use prescriptive analytics to put a plan in place that mitigates the negative impact on your bottom line. Let’s consider some examples. Evaluate scenarios quickly and easily.

Supply Chain Design Software 86

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

EazyStock

FEBRUARY 28, 2022

For years companies have operated a just-in-time (JIT) supply chain model, only ordering stock items when necessary and carrying minimal inventory to reduce carrying costs. Here we explain the benefits and drawbacks of both JIT and JIC inventory management models and help you decide which is right for your business.

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Supply Chain Software 52

GlobalTranz

FEBRUARY 2, 2015

In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Distributors will inbound to a manufacturer the inventory needed and transportation management, especially inbound freight management, efficiency is paramount to an effective vendor managed inventory model. It was a “win-win” partnership.

Vendor Strategies 94

Vendor Strategies Inventory Reduction Modeling Software Inventory 94

Penske Move Ahead

MARCH 20, 2024

Whether you’re a national moving company or a small, local professional mover, our customizable truck options will meet your needs. From 12 foot box trucks to move a client’s city apartment to spacious tractor-trailers for long-haul transportation, our selection of trucks ensures optimal capacity and cost efficiency.

Industry 41

Industry Optimization Software Optimization Modeling Logistics Network Optimization Software 41

Logistics at MPEPS at UPV

MAY 6, 2023

One such example is the concept of warehousing, which, despite having a shared fundamental definition of a place to store goods, takes on nuanced interpretations within different contexts. E-commerce giants like Amazon rely on expansive warehouses meticulously designed to meet the demands of online shopping as a service.

Warehousing 40

Warehousing Digital Optimal Sourcing Inventory Reduction 40

Logistics Viewpoints

MARCH 6, 2023

Ideally, IBP adds a stronger financial perspective to the process that in theory optimally balances customer service with profitability and even cash flow. For example, while GEON has over 2000 customers, initially they are manually building forecasts for 600 customers and 1200 ship-to locations. Plan Your Cash Flows! Herrin explained.

Supply Chain Planning Software 141

Supply Chain Planning Software Supply Chain Transformation Scenario Planning Supply Chain Software 141

AIMMS

JULY 15, 2019

A great example of this is one of our customers, a Europ ean chemical company with $300M in annual revenue who is growing fast and was ready to move from spreadsheets to something more robust. Within a few months they moved from spreadsheets and silos to looking at real-ti me scenarios in monthly planning meetings.

Supply Chain Planning Software 107

Supply Chain Planning Software Scenario Planning Modeling Software Gartner 107