The Logistics of Logistics

OCTOBER 30, 2023

Richard is the CEO of LeanDNA , a purpose-built analytics platform for factory inventory optimization. About Richard Lebovitz Richard Lebovitz is the CEO of LeanDNA , a purpose-built analytics platform for factory inventory optimization. Richard Lebovitz and Joe Lynch discuss leading inventory attack teams.

Optimal Sourcing 364

Optimal Sourcing Inventory Reduction Supply Chain Design Software Inventory 364

Log-hub

MAY 22, 2024

The concept of multi-tier supply chain analytics and optimization has become a critical component for companies aiming to maintain competitive advantage, ensure efficiency, and respond rapidly to market changes. AI can play an important role in inventory optimization. Tools like dashboards and reports are commonly used.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Material Savings Supply Chain Planning Software 52

Log-hub

MAY 22, 2024

The concept of multi-tier supply chain analytics and optimization has become a critical component for companies aiming to maintain competitive advantage, ensure efficiency, and respond rapidly to market changes. AI can play an important role in inventory optimization. Tools like dashboards and reports are commonly used.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Material Savings Supply Chain Planning Software 52

3PL Links

FEBRUARY 6, 2023

Supply Chain Optimization Tips | Image Source: Flickr A company’s supply chain is made up of players at various levels and diverse logistical components, each of which plays a crucial role. Supply Chain Optimization Tips | Image Source: Lokad 3. They enable the automation and optimization of many workspaces.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Optimization Software 62

CLX Logistics

MAY 15, 2024

They were also seeking a platform to help manage a transportation procurement event that would allow them to optimize their spending through rapid industry shifts and challenges. The CLX Logistics Solution The chemical shipper implemented CLX’s LaneLogix to optimize their operations, starting with a rate benchmark on their U.S.

Optimal Sourcing 51

Optimal Sourcing Optimization Software Optimization Supply Chain Planning Software 51

MercuryGate

JUNE 24, 2021

The key to supply chain optimization lies in the ability to integrate the appropriate software platforms. Procurement and shipping managers are collaborating with TMS and other platforms to increase productivity and profitability. The pandemic has brought forth many areas of improvement that managers may have overlooked.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Optimization Supply Chain Software 52

SYSPRO Smarter ERP

NOVEMBER 21, 2022

Keeping the right level of inventory requires a technique called inventory optimization. Inventory optimization. The search for optimal inventory levels is therefore a key objective. The key technical requirements when aiming for optimized inventory levels are data accuracy and timeliness. The rise of Industry 4.0

Optimal Sourcing 111

Optimal Sourcing Inventory Reduction Inventory ERP 111

TransAudit

JUNE 27, 2023

Machine learning, at its core, is a technology that allows systems to learn from experience, improve predictions, recommendations, and decisions over time. It advances digitization efforts, facilitates data cleaning, and streamlines supply chain planning, procurement, and execution.

Optimal Sourcing 68

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 68

SYSPRO Smarter ERP

APRIL 19, 2019

Procurement is often overlooked and undervalued, yet it impacts every facet of a business. Procurement and supplier relationships have an important role to play when it comes to ensuring manufacturers and distributors meet their strategic goals. It’s time to streamline the procurement process, harnessing […].

Optimal Sourcing 81

Optimal Sourcing Manufacturing Procurement Procurement Sourcing 81

The Logistics of Logistics

SEPTEMBER 25, 2023

Verusen utilizes advanced data science and artificial intelligence to harmonize disparate material data across multiple enterprise systems to provide complex supply chains with material truth for supply and inventory planning and procurement intelligence.

Optimal Sourcing 395

Optimal Sourcing Material Savings Sourcing Strategies Inventory Reduction 395

The Logistics of Logistics

DECEMBER 1, 2023

Founded in 2016, and located in Fort Wayne, IN, Princeton TMX provides an intuitive user experience, configured to meet specific business requirements and streamline, automate, and optimize all modes of transportation. Optimized Load Planning: Automate daily load planning, matching loads to carriers and creating cost-effective plans.

Optimal Sourcing 327

Optimal Sourcing Supply Chain Planning Software Optimization Software Sourcing Strategies 327

SYSPRO Smarter ERP

AUGUST 17, 2022

Manufacturers and distributors can optimize their inventory management using some of the latest emerging technologies, including machine learning, data analytics, artificial intelligence, and cloud computing. Using proven inventory management processes, supply chain design, and planning helps optimize your stock.

Optimal Sourcing 105

Optimal Sourcing Optimization Software ERP Inventory Reduction 105

SYSPRO Smarter ERP

AUGUST 1, 2022

However, effectively dealing with these challenges and optimizing a manufacturing business’ processes is challenging without adopting and implementing a Bill of Materials (BOM) to accompany an organization’s ERP system. It identifies constraints in the business processes, providing guaranteed improvements.

Optimal Sourcing 111

Optimal Sourcing Manufacturing Procurement Material Savings Inventory Reduction 111

GlobalTranz

JULY 28, 2021

Additional opportunities can be reached through transportation optimization whether using a 3PL or 4PL. It's important to understand how transportation optimization can work well with managed transportation service providers to attain that goal. Defining Transportation Optimization.

Optimal Sourcing 126

Optimal Sourcing Optimization Software Optimization Supply Chain Design Software 126

Supply Chain Brain

MAY 15, 2022

Soaring customer demand has created unique challenges for procurement managers. By developing effective inventory management techniques, procurement professionals can tackle the issues from several unique angles.

Optimal Sourcing 112

Optimal Sourcing Procurement Inventory Optimization 112

Logistics Viewpoints

APRIL 29, 2021

Many companies are achieving this transformation by adopting modular, elastic DC technologies – including AI and robotics – that provide continuous warehouse optimization without replacing their current monolithic and static warehouse systems. Optimization software can also be a “soft” alternative to investing in more steel (i.e.,

Optimal Sourcing 92

Optimal Sourcing Optimization Software Supply Chain Design Software Supply Chain Planning Software 92

3PL Links

MARCH 11, 2024

Top 6 Most Important Inventory Optimization Strategies | Image source: Shipdepot Decreased output, unanticipated expenses, and delivery delays are just a few of the issues that can occur from a lack of inventory management. Discover six strategies for inventory optimization if your firm has been dealing with similar issues.

Inventory Reduction 48

Inventory Reduction Optimal Sourcing Expense Reduction Cost Reduction 48

TransAudit

JULY 6, 2023

Machine learning, at its core, is a technology that allows systems to learn from experience, improve predictions, recommendations, and decisions over time. It advances digitization efforts, facilitates data cleaning, and streamlines supply chain planning, procurement, and execution.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 52

Locus

JULY 24, 2023

Retailers should find ways to optimize truckloads to reap benefits. How do we optimize these loads? Shippers need to leverage automated and intelligent solutions to truly optimize the supply chain and impact the bottom line in a positive way. However, trucking industries have many business models they operate by.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Optimization Modeling Resource Reduction 52

EazyStock

MARCH 4, 2021

How to Increase Inventory Turnover with Inventory Optimization. The concept of inventory optimization helps many businesses improve their inventory turnover – without damaging stock availability. The Importance of Improving your Inventory Turnover. Six Ways to Improve Inventory Turnover (with Inventory Optimization).

Optimal Sourcing 59

Optimal Sourcing Inventory Reduction Inventory Optimization Software 59

Locus

APRIL 3, 2023

An effective logistics solution is critical for optimizing supply chain efficiency, reducing costs, improving customer satisfaction, and supporting sustainability goals. This article will provide easy insight into the world of logistics management—from the key components and challenges to tips on optimizing it for your business.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 52

Locus

JULY 24, 2023

If done right, load matching means better resource optimization, cost reduction, streamlined operations, and ultimately, happy customers and businesses. It strives to find the most cost-effective carrier that meets the load requirements and delivery constraints , contributing to overall cost reduction and improved profitability.

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Optimization Software Optimization 52

Log-hub

APRIL 12, 2024

7 min read In a significant move to enhance supply chain optimization capabilities worldwide, Log-hub and KNIME announce their strategic partnership. This integration enables organizations to leverage Log-hub’s network design and route optimization capabilities seamlessly within KNIME’s data science workflows.

Optimal Sourcing 40

Optimal Sourcing Supply Chain Design Software Optimization Software Supply Chain Software 40

CLX Logistics

JUNE 27, 2023

This streamlined approach ensures quicker issue resolution, enhanced troubleshooting, superior rate negotiations, and improved customer satisfaction. By leveraging advanced technology and systems, CLX enhances transparency and enables real-time updates for improved logistics management.

Optimal Sourcing 52

Optimal Sourcing Negotiating Skills Optimization Software Logistics Network Optimization Software 52

Material Handling and Logistics

JULY 26, 2022

Companies with forward-thinking procurement strategies rebounded three times faster from COVID than those without, according to Kearney research.

Optimal Sourcing 60

Optimal Sourcing Procurement Optimization Strategy 60

Locus

JUNE 2, 2023

The main objectives of inbound logistics are to ensure timely and efficient delivery of materials to support production processes, optimize inventory levels, minimize costs associated with transportation and storage, and maintain good relationships with suppliers. Focus Procurement, receiving, storage, and inventory management.

Optimal Sourcing 52

Optimal Sourcing Outbound Optimization Software Inbound 52

The Logistics of Logistics

JANUARY 13, 2023

The Amplio solutions ensure that you have the inventory you need, when you need it, at the most optimized price so that you can focus on what matters most to you and your business. Trey and the Amplio team believe that sourcing electronic components should be easy and predictable. Streamline procurement. Amplio on LinkedIn.

Manufacturing Procurement 274

Manufacturing Procurement Optimal Sourcing Procurement Solutions Purchasing Skills 274

Logistics Viewpoints

JULY 8, 2024

Meanwhile, customers’ procurement operations were seeing a new generation of talent come of age who were pushing for better value-added services and shipment visibility. Uber was also making annual investments of about $120 million to continue to improve their TMS. There have also been customer service improvements.

Cost Reduction 142

Cost Reduction Optimal Sourcing Resource Reduction Negotiating Skills 142

SIPMM Professional Publications

JULY 18, 2019

Inventory optimization is having the right inventory, in the right quantities and at the right locations to meet the supply and […]. The post Data Analytics for Optimizing Inventory appeared first on SIPMM INSTITUTE.

Optimal Sourcing 92

Optimal Sourcing Inventory Optimization Data 92

Bringg

MARCH 24, 2021

Supply chain optimization ensures a smoother process and a more successful business model focusing on efficiency and profit. First, let’s define what supply chain optimization means, the different factors involved, and how the right supply chain optimization techniques and solutions can help you support your key business initiatives. . .

Optimal Sourcing 62

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