Logistics Bureau

APRIL 12, 2021

I’ve noticed a trend in recent years in that when businesses want to check their distribution networks or design a distribution network , they immediately jump into loads and loads of detail. But let’s wind the clock back a bit and look at some of the simple ways that network design can work before focusing on the more complex models.

Supply Chain Design Software 68

Supply Chain Design Software Supply Chain Design Distribution Networks 68

3PL Links

DECEMBER 3, 2023

Predictive Analysis in Logistics and Supply Chain: How to Apply | Image source: Pexels In logistics, predictive analysis is simply the process of identifying and forecasting patterns, trends, and behaviors in both human and machine learning approaches, data, and algorithms.

Supply Chain Planning Software 48

Supply Chain Planning Software Optimal Sourcing Analysis Supply Chain Software 48

Talking Logistics

APRIL 12, 2018

DC Velocity and Descartes have conducted a transportation benchmark study for the last two years to help transportation professionals understand what is driving the market, and how the strategy and tactics of top performers differ from the rest of the pack. Directly opposing macroeconomic trends. Hot competition, economies and costs.

Supply Chain Planning Software 62

Supply Chain Planning Software Modeling Software Logistics Network Optimization Software Sourcing Strategies 62

MTS Logistics

JULY 21, 2021

Working and studying from home decreased the usage of paper documents and increased the need for electronic documents. Businesses are still trying to find methods to keep their efficiency and productivity under control and reinterpret traditional work models with an innovative approach and use technology more effectively.

Modeling Software 94

Modeling Software Digital Optimization Software Logistics Network Optimization Software 94

Now, That's Logistics

FEBRUARY 26, 2019

The nation’s retailers are changing their business models to adapt to changing consumer preferences. In Top trends and issues for retail in 2019 , RSM’s John Nicolopoulos points to buying behaviors as a strong driver for retailers that want to grow their businesses this year. Two Key Trends to Watch.

Logistics Network Optimization Software 60

Logistics Network Optimization Software Supply Chain Design Software Modeling Software Logistics 60

SYSPRO Smarter ERP

OCTOBER 20, 2021

In a SYSPRO-led research study, 29% of businesses stated that their systems lacked responsiveness during the pandemic and that they would be pursuing new business systems to address immediate needs and accelerate digital transformation. Digitization: from analogue information to digital data. Digitalization: transforming business processes.

Digital 133

Digital Factories Supply Chain Planning Software Supply Chain Software 133

SYSPRO Smarter ERP

APRIL 11, 2022

With ongoing disruptions CFOs for example need real-time visibility into production costs, raw material pricing, and shipping and transport fees along with insight and information surrounding their suppliers’ activities. study found the disruptions caused by the pandemic played a huge role in the diversification of manufacturing businesses.

Manufacturing Procurement 105

Manufacturing Procurement ERP Distribution Supply Chain Design Software 105

Logistics Viewpoints

JANUARY 26, 2021

In a study of logistics providers conducted by Fraunhofer IML, only 36% of organizations reported that they had a clear overall plan for digital transformation. In fact, IT spend as a percent of business capex crossed over the prior ~10 year average in 2019 and we see that trend extending in early 2020.”. A Positive Example.

Supply Chain Software 161

Supply Chain Software Supply Chain Planning Software Definition Supply Chains 161

Material Handling and Logistics

MAY 14, 2018

Five of the six major automakers manufacturing and selling vehicles in North America fell in their annual supplier relations rankings, according to the results of the 18th annual North American Automotive OEM - Supplier Working Relations Index Study conducted by Planning Perspectives, Inc. Ford is fourth (363).

Purchasing Skills 110

Purchasing Skills Price Reduction Manufacturing Procurement Cost Reduction 110

Compactor Management Company

JUNE 5, 2023

This article goes into the fundamental ideas behind the circular economy and looks at real-world examples that have a beneficial impact on the environment, the economy, and society. This differs from the typical linear economic model, which is built on a pattern of take, consume, and discard. What Is Circular Economy?

Waste Reduction 52

Waste Reduction Resource Reduction Material Savings Supply Chain Design Software 52

Logistics Viewpoints

NOVEMBER 9, 2023

Robotics and automation in the warehouse continue to be a growing trend, with a recent study estimating that the warehouse robotics market is expected to reach USD 23. 09 billion by 2027 and grow at a rate of 15. 33% annually from 2022-2027. But there is still much to learn.

Optimization Software 144

Optimization Software Modeling Software Optimization Modeling Picking 144

Bringg

FEBRUARY 22, 2018

From Fiverr to Uber and anywhere in between, the trend towards a freelance workforce is becoming more and more prominent – and whether people join the ‘gig economy’ full-time or as a part-time activity to make some extra cash, the concept is here to stay.

Resource Reduction 72

Resource Reduction Cost Reduction Modeling Software Logistics Network Optimization Software 72

Logistics Viewpoints

MAY 24, 2021

We are making significant IT investments to build our data capabilities and using innovative new technologies like artificial intelligence and predictive analytics to monitor trends and develop new solutions.” That statement, made before the massive distributor began working with FourKites, describes the visibility solution.

Optimal Sourcing 83

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Supply Chain Software 83

Material Handling and Logistics

OCTOBER 30, 2018

It’s not news to anyone that digitization is a roaring trend and I’m here to say: embrace it. In a recent Forrester study, they found the problem to be poor quality data. Change can be a good thing, particularly when it comes to getting a better handle on your supply chain spend. Digitization is Your Friend.

Optimal Sourcing 166

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 166

Logistics Viewpoints

FEBRUARY 8, 2022

According to a recent article in Forbes , 48% of consumers today prefer a hybrid shopping model that combines online and in-store components. For example, they might browse products online, but visit a brick-and-mortar store to finalize their selection. The study projects a risk-adjusted $31.2

Optimal Sourcing 112

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 112

ShipLilly

JUNE 23, 2021

There are examples of artificial intelligence being used to achieve these goals. For example, an online movie platform can prepare a recommended list for users based on their profile and previous behavioral patterns. For example, a comparative analysis of sales and inventory will raise red flags if there are shortages or gluts.

Optimal Sourcing 87

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 87

Blue Grace Logistics

NOVEMBER 3, 2022

Case Study. For example, if you’re a retailer and you’re exiting the year with bare shelves, that’s great! For example, if you’re bringing goods in from overseas, you need to build in more lead time versus if the goods are produced domestically, where transit time will be shorter. . The Logistics Blog®. Whitepaper.

Efficiency 62

Efficiency How To Transportation Optimization Modeling 62

Forto

SEPTEMBER 18, 2018

About 40 experts from the logistics industry, startup economy and supply chain managers from German Mittelstand followed FreightHub’s invitation to the Soho House in Berlin and seized the opportunity to discuss current trends, challenges and lighthouse examples of digitization in Germany and Logistics.

Digital 40

Digital Logistics Network Optimization Software Modeling Software Supply Chain Software 40

Logistics Bureau

MAY 3, 2021

With all that in mind, I thought I’d share some examples of the highs and lows of online and in-store retail that enterprises have endured between late 2019 and early 2021, and highlight some of the most notable changes in the retail supply chain arena during that period. The Dark Store Trend. Just-in-Time Just Doesn’t Work.

Supply Chain Planning Software 71

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 71

AIMMS

FEBRUARY 20, 2015

And the opening chapter in the book is an actual case study about a team meeting I attended where they would have the inventory “target of the month”. You mention that Advanced Analytics and Modeling are helpful when trying to determine targets in each metrics area and see tradeoffs. Not looking at how they work together.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

WorkWave

SEPTEMBER 23, 2021

There’s good news for the online grocery shopping service industry: trends for growth are expected to continue well into the future, which means this business isn’t just a temporary solution for now, but a great way to manage grocery shopping needs for many years. Work on an Operating Model. The Inventory Model.

Modeling Software 52

Modeling Software Optimization Software How To Procurement Solutions 52

AIMMS

FEBRUARY 9, 2017

Unlike Descriptive (focused on reporting with basic trend or pattern recognition) or Predictive Analytics (focused on predicting the future with forecasting techniques), Prescriptive Analytics uses techniques like machine learning and mathematical modeling to help you improve decision making. The benefit will outweigh the effort.

Supply Chain Planning Software 78

Supply Chain Planning Software Optimization Software Modeling Software Optimal Sourcing 78

AIMMS

FEBRUARY 9, 2017

Unlike Descriptive (focused on reporting with basic trend or pattern recognition) or Predictive Analytics (focused on predicting the future with forecasting techniques), Prescriptive Analytics uses techniques like machine learning and mathematical modeling to help you improve decision making. The benefit will outweigh the effort.

Supply Chain Planning Software 62

Supply Chain Planning Software Modeling Software Optimization Software Supply Chain Software 62

The Logistics Academy

FEBRUARY 13, 2017

Q: What are the latest trends in logistics education, and how does your program address them? Gerard Burke, Georgia Southern University: A continuing trend is the challenge to attract students to pursue a career often perceived as humdrum. Experiential learning is another trend seen as valuable to both hiring companies and students.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 40

Logistics Business Magazine

DECEMBER 11, 2022

While it’s imperative to focus on budgets and business initiatives that will take precedence over the next year, it’s just as important to keep an eye on the big-picture trends that are shaping the industry. o9 Solutions’ supply chain experts and leaders are sharing their insights on the trends that could become prevalent in 2023 and beyond.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 60

Blue Grace Logistics

MAY 7, 2019

However, according to this McKinsey study, most industries report supply chain and logistics cost in the range of 1.8% A 2013 study by Ernst & Young aptly highlighted the importance of CFO’s involvement in the supply chain. For example, let’s take a look at the second, sixth and eighth question.

Negotiating Skills 48

Negotiating Skills Purchasing Skills Supply Chain Planning Software Supply Chain Software 48

Logistics Bureau

JUNE 21, 2020

Is it possible to reverse the offshoring trend to protect Australia from similar situations in the future, and if so, at what cost? Before attempting to answer such questions, it’s helpful to look in a little detail at the drivers behind the offshore manufacturing trend. Can a Re-shoring Drive Reverse the Outsourcing Trend?

Manufacturing Procurement 71

Manufacturing Procurement Price Reduction Cost Reduction Outsourcing 71

Logistics Business Magazine

DECEMBER 16, 2021

Ralf Duester, board member of the SCM software specialist Setlog , summarises which trends will shape the year 2022. In road transportation, there is a strong trend towards e-vehicles and hydrogen-powered trucks. Sourcing and purchasing models are being rethought. New legislation is driving the pace.

Supply Chain Planning Software 54

Supply Chain Planning Software Supply Chain Software Modeling Software Optimization Software 54

GlobalTranz

AUGUST 15, 2018

For example, DHL analyzes 58 different parameters of internal data to create a machine learning model for air freight. The most well-known examples are Transmetrics and ClearMetal , which were both mentioned in the latest DHL’s Logistics Trend Radar. The Top Logistics Trends that Will Impact Logistics Management in 2018?.

Supply Chain Planning Software 54

Supply Chain Planning Software Optimal Sourcing Logistics Network Optimization Software Optimization Software 54

Logistics Bureau

DECEMBER 9, 2019

Rob O’Byrne makes an early start with his round-up of supply chain and logistics trends that might make industry headlines in the coming year. His observations include trends in first and last-mile logistics, and the increase in SMEs entering global markets. 2020 Supply Chain and Logistics Trends: What’s Around the Corner?

Supply Chain Software 115

Supply Chain Software Logistics Network Optimization Software Supply Chains Trends 115

GlobalTranz

JANUARY 22, 2016

Advanced analytics offer manufacturers the ability to look beyond what's currently happening on the surface and uncover what trends, processes, and applications may impact the overall volume and quality of production. Data collection, analysis, and appropriation will be defining factors for manufacturers this year.

Modeling Software 59

Modeling Software Waste Reduction Resource Reduction Material Savings 59

Ship Monk

FEBRUARY 9, 2024

The process usually includes analyzing historical data for seasonal trends and product performance, as well as gathering current data on competitors, marketplace trends, future marketing plans and promotions. Creating graphs and pie charts out of your numerical data can make it easier to spot trends and gain insights.

eCommerce 84

eCommerce Inventory Reduction Operations Modeling Software 84

Logistics Business Magazine

JANUARY 13, 2021

Internally stored data on pre COVID-19 trends no longer offers the same value and insight with the changing landscape of supply chains. Take, for example, food processing company Santa Maria and its LSP, Yunsen Logistics. Case studies show that this type of horizontal data collaboration can deliver cost reductions of up to 33 per cent.

Collaboration 37

Collaboration Data Supply Chain Planning Software Cost Reduction 37

UL EHS- Sustainability

FEBRUARY 3, 2020

We still process information through stories and examples and learn best through a continuum of relatable experiences. As an example, consider bringing together employees who are looking to acquire similar skills in order to advance their career. Even so, the reward of this model far outweighs the bad.

Buyer Training 52

Buyer Training Modeling Software Training Resource Reduction 52

Blue Grace Logistics

SEPTEMBER 19, 2019

As it is with most problems there is a lack of a clear and concise definition, according to an MIT study which conducted a survey of the apparel industry only to find wildly different results. The study showed that consumers place a higher value in a company that can prove the ethical treatment of their workers.

Definition 48

Definition Supply Chain Design Supply Chains Manufacturing Procurement 48

Logistics Viewpoints

FEBRUARY 28, 2022

Lead times, for example, are a critical form of master data for planning purposes. In process industries the supply chain models used for optimization are much more complex than those used in other industries. The processing units in an oil refinery, for example, operate at high temperature and high pressure.

Supply Chain Planning Software 169

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 169

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. That’s because blockchain is not a ‘disruptive’ technology, which can attack a traditional business model with a lower-cost solution and overtake incumbent firms quickly.

Supply Chain Software 92

Supply Chain Software Supply Chains Logistics Network Optimization Software Modeling Software 92