SYSPRO Smarter ERP

MAY 2, 2024

Why manufacturers should consider AI Generative AI (GenAI) and Machine Learning tools are being added to ERP solutions at a rapid pace, bringing new levels of automation and efficiency to business processes across the manufacturing enterprise. The other emerging area around AI in ERP focuses on trend analysis and forecasting.

ERP 59

ERP Supply Chain Planning Software Modeling Software Optimization Software 59

EazyStock

AUGUST 21, 2020

There are many financial benefits to introducing stock reduction strategies – in particular focusing on your excess and obsolete items. Here we’re going to focus on our favorite top five inventory reduction strategies. In each of these cases, inventory optimization software can help. Supplier lead time reduction.

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

EazyStock

FEBRUARY 1, 2021

trillion by 2023 , indicating a need for more robust online sales strategies. For businesses to succeed in eCommerce they must ensure they have an effective eCommerce supply chain strategy. Here are ways you can optimize your inventory management practices for eCommerce competitiveness: How to Manage eCommerce Inventory.

Inventory Reduction 52

Inventory Reduction Optimization Software eCommerce Inventory 52

Logistics Business Magazine

JULY 19, 2023

Both agree – AI technology offers a wide range of optimization potential for optimizing processes in the distribution centre as well as the entire supply chain. Equally important for the data models are the experiences of people and the requirements of consumers. Our customers are basically not looking for a new tool.

Modeling Software 61

Modeling Software Supply Chain Design Software Optimization Software Supply Chain Software 61

Logistics Viewpoints

JANUARY 19, 2021

For this reason, supply chain solutions have become an integral part of business strategies to cope with these ever-increasing complexities. Through warehouse simulation, you can accurately visualize all the attributes of the warehouse in a 2D or 3D computer model. Examples of use. So, how can you tackle this task?

Supply Chain Software 95

Supply Chain Software Modeling Software Optimization Software Logistics Network Optimization Software 95

Logistics Viewpoints

JUNE 9, 2022

Suddenly, the situation changes, whether because of a new company strategy, ever-present retail dynamics or possibly due to a completely new influencing factor. During periods of normal business, this means that our optimized warehouse only needs to perform at its highest level for a short period of time.

Optimization Software 134

Optimization Software Logistics Network Optimization Software Supply Chain Planning Software Modeling Software 134

Logistics Business Magazine

OCTOBER 13, 2022

Fronius Perfect Charging is offering a new effective tool for intralogistics to optimise energy consumption quickly and sustainably. They occur when many consumers draw power at the same time – for example, when several lead-acid batteries of the electric forklift fleet are charged simultaneously.

Modeling Software 70

Modeling Software Expense Reduction Optimization Software Cost Reduction 70

AIMMS

SEPTEMBER 28, 2020

Insights from Gartner’s Hype Cycle for Supply Chain Strategy, 2020. Gartner’s Hype Cycle for Supply Chain Strategy, 2020 offers some guidance. The report outlines the tools with the highest transformational benefits and capabilities that are becoming standard business practices. Firefighting is the norm. What to prioritize.

Supply Chain Design Software 62

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

Logistics Viewpoints

AUGUST 8, 2023

Some might say, what’s really the difference between the usual temporary or agency staffing models that the industry has used for years, and the gig economy? For example, you’ll need more tech skills to manage the equipment (robots, hydrogen vehicles, ASRS). Much of it is indeed the same. What’s driving the move to gig work?

Optimization Software 125

Optimization Software Modeling Software Logistics Network Optimization Software Cost Reduction 125

Conger

JANUARY 17, 2023

5S Warehouse Examples 5S Warehouse Training: How to Get Your Team Ready How to 5S a Warehouse Warehouse 5S Checklist Warehouse 5S FAQs Warehouse 5S Quiz What Is 5S? Warehouse 5S is a lean management strategy that helps warehouses accomplish a basic objective: making problems visible. Table of Contents What Is 5S? Green tag/red tag.

Waste Reduction 52

Waste Reduction Inventory Reduction Cost Reduction Resource Reduction 52

GlobalTranz

APRIL 20, 2021

Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic. It’s the result of a deliberate strategy that may require tradeoffs compared to other approaches. This strategy requires greater investment and inventory carrying costs but enables continued production.

Supply Chain Planning Software 115

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

Locus

DECEMBER 7, 2021

A prime example is how governments in the Middle East have begun to rethink food security targets after the disruptions to their food supply chains. With the pandemic and political instability, businesses in the Middle East have begun to reconsider supply chain strategy to improve their resilience. Risk management maturity model.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

CLX Logistics

JULY 13, 2020

It’s going to take a combination of tools and talent. In addition to your TMS, there is a wide array of powerful tools available to you, most of which are relatively easy to deploy , often as technology plugins for your TMS. As an example, consider the growing number of digital freight marketplaces like UberFreight and LoadSmart.

Cost Reduction 40

Cost Reduction Vendor Strategies Price Reduction Strategy 40

Logistics Viewpoints

MAY 6, 2021

A storm, for example, could slow the vessel down and increase transit time from one port to another. Marine optimization technologies help address all these issues. Applying optimization technology in a practical environment increases efficiency while lowering the pollution footprint across the marine supply chain. 1] [link]. [2]

Supply Chain Planning Software 169

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 169

AIMMS

FEBRUARY 3, 2020

Many are relying on advanced analytics to optimize their supply chain for sustainability. The Institute of Forest Management from the Technical University of Munich developed an AIMMS model that helps forest enterprises consider risks and strategies for carbon mitigation. Supporting S&OP with prescriptive analytics .

Supply Chain Planning Software 133

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 133

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. Take production planning tools, for example.

Supply Chain Planning Software 78

Supply Chain Planning Software Optimization Software Modeling Software Optimal Sourcing 78

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

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

AIMMS

SEPTEMBER 10, 2018

My team and I work on developing and furthering our supply chain and operations by providing a centralized analytical perspective – we work on improving fulfillment models, applying analytics, improving productivity and output at our warehouses, and optimizing our operations. How did this initiative begin? What were the main drivers?

Sourcing Strategies 89

Sourcing Strategies Supply Chain Software Supply Chain Design Software Optimal Sourcing 89

SYSPRO Smarter ERP

OCTOBER 20, 2021

This would make it almost impossible to identify any trends around things like customer preferences and demands, as well as to define the optimal future direction for your organization from a technology perspective if the organization only produced analogue data. Digital transformation: a strategy.

Digital 133

Digital Factories Supply Chain Planning Software Supply Chain Software 133

Penske Move Ahead

MARCH 20, 2024

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. By leveraging various sizes of trucks, businesses can optimize operations and ensure a quick and hassle-free relocation for their customers.

Industry 40

Industry Optimization Software Optimization Modeling Logistics Network Optimization Software 40

AIMMS

SEPTEMBER 10, 2018

My team and I work on developing and furthering our supply chain and operations by providing a centralized analytical perspective – we work on improving fulfillment models, applying analytics, improving productivity and output at our warehouses, and optimizing our operations. How did this initiative begin? What were the main drivers?

Sourcing Strategies 82

Sourcing Strategies Supply Chain Software Supply Chain Design Software Optimal Sourcing 82

Logistics Viewpoints

MAY 27, 2021

Even before the emergence of COVID-19, next-day and same-day delivery promises from mega retailers, as well as new delivery models such as store pick-up, were driving increasing customer expectations — not just in retail, but in every industry. Implement successful omnichannel strategies and business models.

eCommerce 138

eCommerce Optimal Sourcing Supply Chain Software Supply Chain Planning Software 138

Ship Monk

AUGUST 22, 2022

Products are assigned different SKUs based on a variety of factors such as: type, category, price, manufacturer, model, style, color, and size. let’s pull back that curtain and talk about creating SKUs and ways SKUs can optimize your inventory management and customer experience. As such, no two products can have the same SKU.

Inventory Reduction 52

Inventory Reduction eCommerce Inventory 3PL 52

Locus

JANUARY 2, 2023

There are two proven strategies to be on time whether you schedule appointments or deliveries: forward and backward scheduling. . Backward scheduling is another planning strategy where orders are scheduled based on customer-preferred delivery dates and times. This strategy is also called Just-In-Time (JIT) manufacturing.

Material Savings 52

Material Savings Inventory Reduction Resource Reduction Optimization Software 52

EazyStock

JUNE 21, 2022

Many more traditional supply chain strategies originated in a steadier business environment. For example, management might have been cautious about adopting cloud-based supply chain solutions due to security concerns over data breaches and loss of irreplaceable data. The main reason companies move over to the cloud is cost savings.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimization Software Modeling Software 52

AIMMS

JULY 15, 2019

While I’d be first to concede that there are some incredible S&OP tools out there (I particularly admire Kinaxis and OM Partners), it’s incredible that we can play on the same pitch with these large COTS vendors so quickly. The extensively used National Energy Model is just one of them. . A focus on Digital Twins .

Supply Chain Planning Software 107

Supply Chain Planning Software Scenario Planning Modeling Software Gartner 107

Blue Grace Logistics

JULY 27, 2021

We explore how predictive analytics and big data with human sentiments can add value and amplify their supply chain strategies. The importance of machine learning and intelligence combined with human touch for optimized decision making. Predictive analytics allows for simulation testing and provides an opportunity to optimize plans.

Procurement Analytics 62

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

AIMMS

FEBRUARY 3, 2020

Many are relying on advanced analytics to optimize their supply chain for sustainability. The Institute of Forest Management from the Technical University of Munich developed an AIMMS model that helps forest enterprises consider risks and strategies for carbon mitigation. Supporting S&OP with prescriptive analytics .

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 62

Logistics Viewpoints

FEBRUARY 20, 2024

Supply chain network design (SCND) is a powerful tool for improving business operations. Optimization and simulation are the two main branches of SCND. Optimization accounts for over 90% of all work that is being done by SCND teams. Another strategy is to dedicate resources and build the best algorithm for demand forecasting.

Supply Chain Design Software 136

Supply Chain Design Software Sourcing Strategies Supply Chain Design Inventory Reduction 136

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. Take production planning tools, for example.

Supply Chain Planning Software 62

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

Logistics Viewpoints

AUGUST 7, 2023

It was an IT-led implementation where a planning model was developed, the solution implemented, and then planners – who had not been sufficiently prepared and trained – were expected to use a system significantly different from the legacy systems they were familiar with. This is the penultimate example of leadership commitment.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Design Software Modeling Software Optimization Software 105

Conger

MARCH 22, 2024

As part of a broader automation strategy that includes IoT devices and smart system integration—AGVs help create truly interconnected facilities capable of unprecedented levels of productivity and adaptability. Exploring Different Types of AGVs Just as cars come in various models to suit different needs, so do automated guided vehicles.

Materials Handling 79

Materials Handling Material Savings Supply Chain Software Cost Reduction 79

Logistics Bureau

APRIL 3, 2023

So, for example, outsourcing sales activity is not typically a good idea if yours is a retail sales company. For example, US-based companies may be quite fortunate if they have access to manufacturers right on their doorstep in Mexico, a country with far lower labour costs than the rest of North America.

Outsourcing 87

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 87

Conger

MARCH 22, 2024

As part of a broader automation strategy that includes IoT devices and smart system integration—AGVs help create truly interconnected facilities capable of unprecedented levels of productivity and adaptability. Exploring Different Types of AGVs Just as cars come in various models to suit different needs, so do automated guided vehicles.

Materials Handling 75

Materials Handling Material Savings Supply Chain Software Cost Reduction 75

EazyStock

OCTOBER 31, 2022

Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. They could also use just-in-time or just-in-case inventory management strategies to help them to balance their stock levels. What is demand planning?

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52

EazyStock

OCTOBER 31, 2022

Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. They could also use just-in-time or just-in-case inventory management strategies to help them to balance their stock levels. What is demand planning?

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52