Locus

JULY 24, 2023

Retailers should find ways to optimize truckloads to reap benefits. However, trucking industries have many business models they operate by. How do we optimize these loads? Typically supply chain managers at shipping companies would resort to cost cutting strategies and use of legacy solutions.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Optimization Modeling Resource Reduction 52

EazyStock

OCTOBER 20, 2020

Inventory Control Techniques that use Stock Optimization Best Practices. So we thought we’d focus on the lesser known topic of ‘stock optimization’ – this is an inventory control technique that’s becoming more popular with inventory managers to improve the efficiency of their supply chain. What is stock optimization?

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

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. In the report, you will find capabilities across five categories: technologies, competencies, frameworks, operating model strategies, and organizational models.

Supply Chain Design Software 166

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

Locus

MAY 15, 2023

The direct-to-consumer (D2C) model has been gaining popularity among customers for some time now as manufacturers get a lot more room to provide customized brand experiences that bring a lot more delight to consumers, which in turn strengthen brand loyalty. The answer isn’t straightforward, as it depends on various factors.

Cost Reduction 52

Cost Reduction Procurement Solutions Strategy Supply Chain Planning Software 52

Locus

JUNE 23, 2023

So, knowing more about order fulfillment, its importance, process, and strategies is critical. At this stage, businesses check if items are safe and secure and if the inventory levels are accurate and optimized for better space. So there is no fixed rule for selecting the order fulfillment strategy. Let’s fill in!

Inventory Reduction 52

Inventory Reduction Cost Reduction Resource Reduction Vendor Strategies 52

Globalior

APRIL 20, 2021

Optimizing the supply chain can mean many things and be done in many ways such as improving the picking processes, decreasing the processing time for shipping goods, improving inventory management , and much more. Supply chain optimization can be strategic or operational in nature. Clearly define your logistics strategy.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Software Optimization Software Optimization Modeling 52

Talking Logistics

JUNE 4, 2018

Many of the world’s most successful food and beverage companies are turning to supply chain design to gain a complete end-to-end view of their supply chain networks to uncover inefficiencies and optimize for significant improvement in cost, service, and risk. Use Transportation Optimization to Get a Handle on Transportation Costs.

Inventory Reduction 61

Inventory Reduction Supply Chain Design Software Cost Reduction Price Reduction 61

FreightWaves SONAR

FEBRUARY 4, 2021

Optimizing truckload freight spend is essential in today’s freight market. As the world of transportation continues to evolve, shippers and logistics service providers (LSPs) are effectively utilizing certain methods along with modern data platforms to meet the demands of today’s supply chains. Request a SONAR Demo.

Optimization Software 98

Optimization Software Negotiate Pricing Negotiating Skills Optimization Modeling 98

EazyStock

FEBRUARY 17, 2021

Inventory Replenishment Strategies to Boost Profitability. They have well-executed inventory replenishment processes that ensure items are reordered in the right quantities and at the right time to meet actual customer demand. 5 Inventory Replenishment Strategies to Increase Profits. Both can be very costly.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction 75

Logistics Viewpoints

OCTOBER 30, 2023

Scenarios are run, and the low-cost network that best meets customer service objectives is selected. For this project, Solvoyo consultants built a network design model and ran more than 120 scenarios to refine the customer service and inventory mix strategy.

Supply Chain Design 138

Supply Chain Design Cost Reduction Vendor Strategies Inventory Reduction 138

EazyStock

AUGUST 21, 2020

For businesses that carry non-perishable goods it’s tempting to order and carry surplus stock to help meet market demand and hit order fulfillment targets. There are many financial benefits to introducing stock reduction strategies – in particular focusing on your excess and obsolete items.

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

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

Stord

MAY 3, 2018

Amazon, Walmart, and other leading enterprises win by ensuring that their product is close to the customer, optimized for the best shipping time, and held in the correct quantity. To scale, an optimized distribution network is required to meet customer expectations and business growth targets.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Planning Software Inventory Reduction Optimization Software 78

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

The Logistics of Logistics

NOVEMBER 18, 2022

Allen’s primary responsibilities include fortifying the long-term global sales strategy, hiring the required expertise across the team, driving aggressive revenue growth, and creating a culture of winning. Automotive Supply Chain Optimization. Optimize Courier case study. Environmental Monitoring for Perishables.

Supply Chain Software 195

Supply Chain Software Case Study Logistics Network Optimization Software Optimization Software 195

Logistics Viewpoints

JUNE 8, 2023

To meet these demands and ensure superior delivery experiences, retailers and carriers must leverage last-mile delivery technology. However, advancements in technology have made it possible for any company to automate and optimize their last-mile delivery operations.

Modeling Software 122

Modeling Software Optimization Software Supply Chain Design Software Logistics Network Optimization Software 122

Morai Logistics

MARCH 15, 2018

Omni-channel strategies prove to be an effective method for meeting on-demand delivery for consumers and providing efficient solutions for shippers. Research presented supports an industry shift from traditional to Omni-channel strategy, finding that it enables third party logistic (3PL) providers to offer all distribution initiatives.

Cost Reduction 60

Cost Reduction Price Reduction Expense Reduction Inventory Reduction 60

CLX Logistics

NOVEMBER 21, 2023

When looking ahead to the future, it’s crucial to reflect on the past year, identify emerging trends, and strengthen strategies for benchmarking and procurement. The focus shifted towards salary and personnel-based internal strategies, allowing them to stabilize in comparison. They demand results, and rightly so.

Optimal Sourcing 95

Optimal Sourcing Manufacturing Procurement Procurement Cost Reduction 95

Blue Grace Logistics

JUNE 23, 2023

That being said, this innovative tool has been instrumental in identifying clear indicators of market fluctuations and how that intel has helped shippers prioritize business strategies. Inventory optimization. It highlights the importance of optimizing inventory management practices to ensure efficiency and avoid unnecessary costs.

Resource Reduction 113

Resource Reduction Inventory Reduction Logistics Network Optimization Software Cost Reduction 113

Logistics Viewpoints

APRIL 24, 2023

Coupa meets this definition. They are used for helping to design supply chain networks, to optimize transportation flow, for supply chain risk analysis, for jointly optimize transportation and carbon emissions, to design key supply chain policies, as part of a mergers & acquisition analysis, and in several other areas.

Supply Chain Design Software 121

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

Blue Grace Logistics

SEPTEMBER 18, 2023

Logistics stakeholders are continuing to digitalize operations—and supply chains—through new technologies that meet customer expectations and keep up with global trade challenges. Today, digital transformation is not just a recommended business model, it’s the lynchpin that governs the survival of a company in the highly competitive market.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Digital Supply Chains 62

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. In the report, you will find capabilities across five categories: technologies, competencies, frameworks, operating model strategies, and organizational models.

Supply Chain Design Software 62

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

Triskele Logistics

MAY 27, 2018

So what is a Shared Distribution Strategy, and how can it help my organization to overcome Supply Chain Challenges? “A A Shared Distribution Strategy, and taking a collaborative approach to your Supply Chain, is an effective way to meet Supply Chain challenges head on.”

Cost Reduction 40

Cost Reduction Distribution Strategy Supply Chain Design Software 40

SYSPRO Smarter ERP

APRIL 17, 2023

This can lead to improved quality, reduced waste, and optimized production processes. Performance metrics: Measure key performance indicators (KPIs) such as production output, cycle time, and quality metrics to track performance and make data-driven decisions that optimize operations.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Optimization Software 98

The Logistics of Logistics

JUNE 23, 2022

However, even as retailers scramble to meet e-commerce consumer demands, and providers lean into the latest trends to get those packages to front doors, there is plenty going on behind the scenes. She noted that the company works to ensure its franchisees have the right business model that will be profitable and meet the needs of shippers.

Collaboration 150

Collaboration Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 150

Logistics Viewpoints

AUGUST 16, 2022

As technology improved, the data and insights I collected from daily training optimized my performance. So, here are six key reasons why I think organizations across every industry need to adopt IoT into their digital transformation strategy. Increase visibility across siloed business functions to improve business maturity.

Optimal Sourcing 97

Optimal Sourcing Modeling Software Sourcing Strategies Optimization Modeling 97

Locus

MAY 25, 2022

The above statement is spot on, largely because of its subtext: Customers spend their money elsewhere because they are not happy with how companies meet their expectations. Here are seven key strategies that they have used to make it happen. When e-commerce was in its infancy, people were more forgiving around meeting delivery times.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategy 52

3PL Links

FEBRUARY 11, 2024

By using this approach, companies actively contribute to the development of a circular economy model, where resources are valued and prudently reused, in addition to meeting their environmental commitments. We’ve outlined some of the key advantages of using reverse logistics below.

Sourcing Strategies 48

Sourcing Strategies Waste Reduction Resource Reduction Expense Reduction 48

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

AIMMS

OCTOBER 1, 2019

AIMMS has been in the market of prescriptive analytics (otherwise known as mathematical optimization) since 1989. Prescriptive analytics is a type of advanced analytics that optimizes decision-making by providing a recommended action. C loud-based platforms like ours have made the deployment of optimization models easier.

Optimal Sourcing 104

Optimal Sourcing Supply Chain Planning Software Optimization Software Modeling Software 104

EazyStock

JUNE 16, 2022

ML models teach themselves over time by analyzing trends and spotting anomalies and then offering predictive insights. Inventory management teams have the difficult task of calculating healthy stock levels to meet demand without over- or under-stocking. What is machine learning? Using AI to improve demand forecasting.

Supply Chain Software 52

Supply Chain Software Optimization Software Supply Chains Inventory Reduction 52

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

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? As you can deduce from Amazon’s example, there is no standard for an optimal warehouse layout.

Inventory Reduction 87

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste 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

SYSPRO Smarter ERP

JULY 26, 2022

A fully-integrated ERP solution enables manufacturers to tackle the immense challenges they face by optimizing their business operations, meeting and satisfying customer demands, and increasing factory output without having to add additional headcount to meet these goals.

Modeling Software 105

Modeling Software Optimization Software Vendor Strategies ERP 105

Log-hub

NOVEMBER 22, 2023

7 min read Maximizing Warehouse Efficiency: Unleashing the Potential of ABCD Analysis In the dynamic world of supply chain management, optimizing warehouse operations has become an indispensable factor for businesses. In sum, AI is a cornerstone of effective stock level optimization in supply chain management.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Logistics Business Magazine

MARCH 13, 2020

In order to continue to meet these pressures, they must adapt their logistics to the constantly changing requirements. The key to the most efficient order picking process is to choose the right picking strategy and implement the appropriate picking concept. Increased picking performance through autonomous assistant operation.

Optimization Software 36

Optimization Software Picking Optimization Modeling Optimization 36