ToolsGroup

JULY 13, 2023

By interfacing with existing order management systems, Dynamic Fulfillment empowers retailers to see results faster and deliver business benefits immediately. How Dynamic Fulfillment Works Dynamic Fulfillment, as opposed to traditionally static, rules-based sourcing logic, is built on a comprehensive, cost-based approach.

Optimal Sourcing 291

Optimal Sourcing ToolsGroup Optimization Software Network Optimization 291

Logistics Viewpoints

JANUARY 1, 2024

Rules were used to make these decisions. For an online order that needs to be delivered within 24 hours, for example, the rule might state that the goods should be shipped to the consumer from the closest location. These rules can be put into a hierarchy. The rules hierarchies in these systems can get quite complex.

Omnichannel 211

Omnichannel Modeling Optimization Software Optimization Modeling 211

Logistics Viewpoints

AUGUST 21, 2023

Increases in business process outsourcing means that human rights and environmental violations are no longer only an internal company matter, companies are expected to monitor their end-to-end inbound supply chains. Meanwhile, trade compliance managers are tasked with ensuring that the procurement department is following the rules.

Government 192

Government Manufacturing Procurement Supply Chain Design Software Supply Chain Design 192

Logistics Viewpoints

MARCH 19, 2024

However, without clear guidelines, rules management, and collaborative frameworks, decision-making paralysis ensues, impeding progress and stifling innovation. Aligning objectives and fostering joint ownership in the rules and policies being used helps eliminate silos while building trust and confidence in decisions.

Supply Chain Planning Software 248

Supply Chain Planning Software Scenario Planning Supply Chain Planning Prescriptive Analytics Software 248

Enterra Insights

SEPTEMBER 26, 2023

I suspect most businesses would benefit using a hybrid system that leverages both a decision center and democratized decision-making. Ross , cofounder and Principal at Business Rule Solutions, and an expert in enterprise decision management (EDM), introduced the idea of the Decision Center.[2] decision democratization).

Optimal Sourcing 130

Optimal Sourcing Supply Chain Planning Software Modeling Modeling Software 130

Logistics Viewpoints

FEBRUARY 20, 2024

Supply chain network design (SCND) is a powerful tool for improving business operations. Demand is at the Heart of Supply Chain Network Design The first step in the SCND process is translating business rules into a set of data inputs: demand, products, customers, sites, shipment rules, production details, and various constraints.

Sourcing Strategies 227

Sourcing Strategies Supply Chain Design Software Modeling Inventory Reduction 227

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

are reporting that they are being inundated with requests from importers seeking to use provisions such as the “321 de minimis” rule, which allows goods worth less than $800 to be shipped to the U.S. FTAs provide various benefits for businesses. The “first-sale” rule. Business model strategies. Supplier strategies.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

Enterra Insights

OCTOBER 3, 2023

Changes in today’s business world are occurring so fast they are creating challenges former generations of supply chain leaders never faced. Most of these organizations have developed Digital Twins to improve operations and product offerings and deliver more business value to their end customers. you must enable better decisions.”[6]

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 130

ShipBob

APRIL 18, 2024

However, as appealing as it sounds, businesses must continually keep on top of changing thresholds and ensure their products are being valued appropriately. In this article, we’ll uncover what the de minimis threshold means for ecommerce businesses, how to navigate it, and how ShipBob can help. What is the de minimis threshold value?

Price Reduction 98

Price Reduction Cost Reduction Strategies Inventory Reduction Purchasing Skills 98

Logistics Viewpoints

JANUARY 17, 2022

A prospective customer wants to know that the software company they will work with and rely on will still be in business down the road. Coupa is a leading provider of Business Spend Management solutions. The Rule of 40. Growth and profit margin are the only two inputs needed by the rule of 40 formula. The problem?

Logistics Network Optimization Software 215

Logistics Network Optimization Software Modeling Software Optimization Software Supply Chain Software 215

Logistics Viewpoints

APRIL 19, 2022

The SEC’s new proposed rules for climate-related disclosures would require public companies to report business exposure to climate-related risks and greenhouse gas emissions to help investors make informed decisions based on consistent and reliable data. What are some of the potential implications of the proposed rules?

GEP 185

GEP Supply Chain Software Supply Chain Modeling 185

The Logistics & Supply Chain Management Society

JANUARY 13, 2021

It does attempt however to address some of the apparent elephants in the room as to why FTAs are either not used, or not used correctly, before thinking out loud as to what perhaps regulators and business can do to reap more rewards from FTA usage. Understanding of the rules of origin: There are two sides to this. Problems all around.

Pricing Training 245

Pricing Training Negotiating Skills Purchasing Training Optimal Sourcing 245

Supply Chain Shaman

OCTOBER 13, 2022

The rules of the game and associated outcomes are clear in both Black Jack and Baseball. We are re-writing the rules. Why are the rules not clear? Impetus to Re-Write the Rules. The balance sheet shortfalls and the subsequent boardroom discussions will redefine the rules for the supply chain. Why Does This Matter?

Supply Chain Planning Software 217

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 217

Logistics Viewpoints

MAY 26, 2023

That move, and Michael Jordan’s incredible talent and business acumen, has turned the Jordan brand into a multi-billion-dollar business. But, that still leaves gaps — especially for small businesses who don’t always have the resources to bring issues to Amazon’s attention. That’s all for this week.

Negotiating Skills 202

Negotiating Skills Pricing Training Jordan Purchasing Training 202

Logility

APRIL 3, 2024

Advantages of a Digital Twin Life Sciences Inventory Optimization Effective inventory and supply chain management isn’t just a business investment; it can be a powerful shift that makes it easier and faster for people to access life-saving products. Many inventory managers make stock decisions based on industry “rules of thumb.”

Supply Chain Optimization 166

Supply Chain Optimization Inventory Reduction Optimization Software Supply Chain Planning Software 166

GlobalTranz

APRIL 24, 2019

The post Inbound Freight Vendor Compliance: 8 Ways a TMS Provides a Set of Business Rules for Shippers appeared first on Transportation Management Company | Cerasis.

Freight 219

Freight Transportation Management Transportation Logistics 219

Enterra Insights

NOVEMBER 7, 2023

When the pandemic emptied offices and factories, business continuity planning (BCP) became a big issue for many companies. ”[1] Obviously, traditional business continuity plans had little impact when infrastructure was in place but employees were not. This is essentially a business impact analysis. Next, develop a plan.”[2]

Supply Chain Software 130

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Optimization Software 130

Supply Chain Matters

MARCH 8, 2024

The Supply Chain Matters blog highlights a ruling by the U.S. Securities and Exchange Commission regarding the disclosure by businesses of greenhouse gas emissions. states have already filed legal challenges to the reporting rule. A coalition of ten mostly Republican leaning U.S.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Material Savings 52

ToolsGroup

OCTOBER 3, 2023

But it’s not your only business objective, is it? Sequential Rules: With a rules-based approach, each rule acts as a filter, narrowing options down until the final fulfillment location is selected. Suddenly, you have a lot more options and a lot more moving parts, adding to operational complexity. Not a bad idea.

Optimal Sourcing 156

Optimal Sourcing Optimization Software Network Optimization Price Mitigation Strategies 156

Logistics Viewpoints

DECEMBER 5, 2023

companies, and it defines rules designed to help businesses achieve key cybersecurity goals. The NIST framework is broken down into five categories, each of which is designed to help businesses improve their cybersecurity posture. This framework is widely used by U.S.

Supply Chain Planning Software 239

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Supply Chain Network Software 239

Logility

AUGUST 7, 2023

The rule of thumb says that for every percentage point of service part availability, revenue grows ¼ of a percent. According to research by Peter Kriss , the increase of customer satisfaction score from 7 to 8 in transactional business gives 30% more revenue per customer.

Customer Service 214

Customer Service Supply Chain Planning Software Optimization Software Logility 214

Logistics Viewpoints

MAY 25, 2023

“Our rules of thumb are no longer up to the challenge.” The tumult of our times has accelerated interest in artificial intelligence (AI) for help more advanced than rules, and ChatGPT’s release has rocketed this already-explosive growth. More than mere novelty, its applications in business are exploding.

Supply Chain Planning Software 234

Supply Chain Planning Software Supply Chain Software Negotiating Skills Predictive Analytics Software 234

Supply Chain Shaman

MAY 22, 2023

Sales and Operations Planning (S&OP) is a business process. S&OP Challenges In a recent research study of business executives, the top three challenges were: not having technologies that support the S&OP process, issues with the role of finance and the budget, and the lack of understanding by the executive team.

S&OP 252

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Design Software 252

Logistics Viewpoints

SEPTEMBER 22, 2023

Speaking of the holidays, retailers are beginning to prep for the busy season. Many logistics companies are loading up on diesel big rigs as California prepares to roll out a rule requiring that trucks purchased after January 1, 2024, that serve the state’s ports be zero-emission vehicles.

Los Angeles 222

Los Angeles Material Savings Logistics Network Optimization Software Waste Reduction 222

Freightos

APRIL 25, 2024

‘de minimis’ rule, which exempts imports under $800 from customs and makes brokerage fees minimal, they have shipped massive volumes via air cargo. businesses, with some traditionally low-cost dollar stores closing as a result. businesses or reduce forced labor—or both—are likely to evolve slowly. Utilizing the U.S.

Cargo 165

Cargo Cost Reduction Strategies Price Reduction Material Savings 165

The Logistics & Supply Chain Management Society

MARCH 21, 2023

Through automated carrier rate shopping, you can select the best carrier based on lowest rate, fastest transit, accessorial charges, and any combination of variables to ensure the lowest cost to your business. Next, make sure your TMS allows you to create dynamic rule sets specific to the needs of your business. Increased sales.

Cost Reduction Strategies 130

Cost Reduction Strategies Price Reduction Sourcing Strategies Price Mitigation Strategies 130

Enterra Insights

JANUARY 5, 2023

RPA is not intelligent — it’s rules-based. As I noted above, traditional RPA solutions are rules-based. This form of AI simply entails encoding the knowledge of a subject-matter expert for a given task into a set of rules that a computer-based system can execute. Robotic Process Automation vs. Cognitive Process Automation.

Supply Chain Software 130

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 130

Logistics Viewpoints

OCTOBER 20, 2023

The mandates come as big businesses face more demand than ever to adopt eco-friendly practices. The Biden administration is refining rules aimed at keeping advanced chips and manufacturing gear out of China, seeking to close loopholes that might help its geopolitical rival gain cutting-edge technologies.

Logistics Network Optimization Software 224

Logistics Network Optimization Software Memphis Mississippi Logistics 224

Supply Chain Movement

JANUARY 15, 2015

The business and the mind-set of the company had already moved from one that used to sell products to one that manufactures and delivers complex solutions. Located near Milan, Tecniplast runs two different businesses with different propositions and dynamics. They are very sophisticated and demanding. It is crucial.

Manufacturing Procurement 60

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 60

ToolsGroup

SEPTEMBER 26, 2023

EvoAI is a flexible algorithmic engine that can be used to recommend the best course of action towards a particular business goal. In other words, PriceAI and InventoryAI provide totally different recommendations for businesses, but the technological backbone is the same. The tools then adjust the output it provides to context.

Prescriptive Analytics Software 296

Prescriptive Analytics Software ToolsGroup Supply Chain Planning Software Analytics Software 296

DELMIA Quintiq

JUNE 1, 2021

When agility is demonstrated, it comes in the form of one or more decisions to change the status quo; altering a best practice or set of business rules. The result is manifested in business agility and a new level of capability and performance. These decisions are considered and with some risk management, put into place.

Agile and Lean Supply Chain 156

Agile and Lean Supply Chain Supply Chain Planning Software Modeling Optimization Software 156

Enterra Insights

OCTOBER 14, 2022

There was a time when character in politics and business mattered. ”[2] As business leaders struggle with ethical leadership, their attempts to do the right thing often makes them victims of today’s culture war. Business leaders today understand that trying to do the right thing can place targets on their back.

Purchasing Skills 130

Purchasing Skills Florida Procurement Solutions Procurement Analytics 130

ToolsGroup

JUNE 6, 2023

MILAN and BOSTON – June 6, 2023 – ToolsGroup , a global leader in retail and supply chain planning and optimization software, is thrilled to announce it has been selected by D.I.MAR, an Italian leader in the frozen food industry, to heighten its supply chain performance, bolster supplier relationships, and drive enhanced business results.

ToolsGroup 156

ToolsGroup Supply Chain Software Supply Chain Planning Software Supply Chain Optimization 156

QAD

APRIL 25, 2024

I didn’t test drive the specific VIN that I own now, but I happened to rent the same model on a business trip that included a lot of driving. How can manufacturers and consumers adjust to a future with supply chain disruption as the rule rather than exception? Well, it’s mostly true.

Modeling 86

Modeling Supply Chain Manufacturing Procurement Scenario Planning 86

Demand Solutions

FEBRUARY 21, 2019

However, this is exactly why some of the best-run and most profitable businesses are so focused on holding the optimal amount of safety stock. Do you do it statistically, or is it a "rule of thumb"? The Dangers of "Rule of Thumb" Safety Stock Planning. and you would be right. Dealing with Lumpy Real-World Demand Patterns.

Forecasting 189

Forecasting Modeling Forecasting Software Supply Chain Planning Software 189

DELMIA Quintiq

FEBRUARY 25, 2022

For example, on how to secure business continuity. The sheer mass of IoT data generated within an enterprise and the complex rules needed to organize that data alone requires a unified digital architecture. It also facilitates a greater capacity for innovation, enabling the development of new products within shorter cycles.

Supply Chain Software 296

Supply Chain Software Optimization Software Modeling Software Resource Reduction 296

Enterra Insights

DECEMBER 9, 2022

4] No ethically-minded business believes profiting from slavery is acceptable. Issues such as income inequality, forced labor, gender discrimination and climate change are increasingly on the minds of consumers, and they expect organizations to share their concerns if they want to earn or keep their business.”

Manufacturing Procurement 130

Manufacturing Procurement Agile and Lean Supply Chain Supply Chain Visibility S&OP 130