article thumbnail

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.

article thumbnail

TGW Presents the Future Fulfilment Centre

Logistics Business Magazine

For example, in the future, staff scheduling need not be handled by employees, but rather can be carried out by intelligent software tools via data processing. Greater flexibility: customers shall be in a position to increase their adaptability and react flexibly to changes in the market or in their business models.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Editor’s Choice: WMS Budget – Room for an Implementation?

Logistics Viewpoints

Transitioning from legacy systems presents hurdles that add to the true cost. For example, monthly subscription fees, any software support charges, and data migration fees. Licensing and Pricing Most WMS systems are either under perpetual licensing or operate on a subscription model that typically has a monthly fee.

article thumbnail

What Georgia-Pacific Is Doing With Causal AI Is Remarkable

Logistics Viewpoints

However, complex process manufacturing presents a much more difficult ATP problem than is typical in discrete industries. Causal AI utilizes sophisticated causal models to make decisions on multiple levels. Seeing the layers of knowledge modeled in a knowledge graph is more powerful. Before working with GP, Parabole.ai

article thumbnail

AI to Learning Logistics Centre

Logistics Business Magazine

Unitechnik Systems GmbH will be presenting UniWare-AI, the AI-based assistant for logistics systems, at LogiMAT 2024. The AI tool will support the system integrator’s customers in predicting order loads and bottlenecks in the material flow, for example. Together with the customer, they optimise the use of UniWare-AI step by step.

article thumbnail

Reclaim Your Energy, Passion, and Time with Ann Holm

The Logistics of Logistics

She is an MBTI Master Practitioner and is known as a thought leader in integrating psychological type theory with other coaching models. Strategy 1 – Be present! The problem is that we are often disengaged from the present while we worry about our latest work email or text.

article thumbnail

Ambitious Growth Plans? Your Customers Will Right-Size You

The Lean Thinker

The business literature is full of examples of this – companies who could not keep up with their own success, their performance deteriorates and, well, many of them go out of business. Starry-eyed executives often look only at the financial models, maybe equipment capacity, and skip over the operational aspects of their due diligence.