Talking Logistics

MARCH 7, 2023

While improved appointment scheduling for the gate and warehouse is a worthy application of real-time transportation visibility data, estimated time of arrival (ETA) knowledge alone isn’t sufficient to meaningfully improve your operations and their efficiency or reduce operational costs at your facility.

Real-time Visibility 225

Real-time Visibility Meeting Cost Reduction Strategies Warehousing 225

Freight Center

JANUARY 14, 2020

When it comes to LTL freight shipping, there are many factors that can change your estimated freight transit time. Nobody likes booking a shipment and the estimated LTL freight transit time they were given ultimately turns out to be off by a day or two. What an Online Estimated Transit Time Quote Means.

Freight 40

Freight Shipping Just-in-Time Supply Chain 40

Enterra Insights

APRIL 24, 2024

That’s estimated to be almost 40 percent of the entire US food supply, and equates to 325 pounds of waste per person. ”[2] Here’s the rub: “The United States currently does not have a single baseline estimate of food loss and waste.” pounds of food waste per person sent for disposal. pounds per person.

Waste Reduction 130

Waste Reduction Food Price Reduction Manufacturing Procurement 130

Vinculum

APRIL 29, 2022

The post Cross Border B2C E-Commerce Market Demand Estimations and Industry Dynamics Forecast Report, 2030 appeared first on Vinculum Group. Such a platform uses updated technologies or software to handle the work without much effort. It helps in minimizing the human effort and error to perform the task.

Forecasting 52

Forecasting Forecasting Software Demand Planning Software Modeling 52

Logistics Viewpoints

JUNE 6, 2022

Oracle Fursion Cloud Transportation Management offers a solution that allows transportation planners to see estimated emissions – carbon dioxide, nitrous oxides, and particulate matter – before a trip is executed. Oracle’s TMS has built in analytics to make these estimates. Currently, the estimates are only for truckload shipments.

Cost Reduction Strategies 223

Cost Reduction Strategies Price Reduction Supply Chain Planning Software Transportation 223

Logistics Viewpoints

NOVEMBER 8, 2023

The customizable dashboards and reports show the total estimated emissions from FourKites-tracked freight, and enable a deep dive into emissions by mode, changes over time, and comparison to industry benchmarks.

Benchmarking 217

Benchmarking Sustainability Optimal Sourcing Sourcing Strategies 217

Loginext

SEPTEMBER 1, 2023

Learn how LogiNext has been helping CEP businesses streamline their operations and offer better customer experience with accurate shipping estimates. The post Shipping Estimates: The Ultimate Way to Supercharge CEP Deliveries for Better Customer Experience appeared first on loginextsolutions.com.

Shipping 80

Shipping 80

ivalua

NOVEMBER 28, 2022

83% fear the biggest disruption from Brexit is yet to come, while increasing supply chain disruption caused revenues to drop by an estimated 18%. Increasing supply chain disruption meant that 28% of UK businesses lost revenue in the last 12 months, with these businesses estimating an average drop in revenue of 18%.

Supply Chain Disruption 279

Supply Chain Disruption Supply Chain Planning Software Gartner Agile and Lean Supply Chain 279

ToolsGroup

OCTOBER 10, 2023

2 – Labor Cost At the same time it’s doing your rate shopping for you, Dynamic Fulfillment is also looking at labor costs, estimating the cost to pick, pack, and ship a unit for every location. Get your free ebook now → #3 – Expected Revenue Estimation Okay, let’s pause to define our terms for a moment.

Purchasing Skills 156

Purchasing Skills Network Optimization Supply Chain Optimization Price Mitigation Strategies 156

The Smart Software

APRIL 24, 2023

The post Three Ways to Estimate Forecast Accuracy appeared first on Smart Software. Once you have forecasts, there are several ways to summarize their accuracy, usually designated by obscure three- or four-letter acronyms like MAPE, RMSE, and MAE.

Forecasting 65

Forecasting Forecasting Software Supply and Demand Demand Planning Software 65

Logility

NOVEMBER 17, 2023

In this approach, predictions are not single-point estimates but rather a range of possible outcomes, each associated with a probability or likelihood. Typically uses statistical methods and techniques to estimate probabilities. Key characteristics of probabilistic forecasting: Provides a probability distribution for future outcomes.

Modeling 204

Modeling Scenario Planning Supply and Demand Demand Planning Software 204

Logistics Viewpoints

AUGUST 18, 2022

First, budget teams do their best to estimate what the volume of loads will be during the upcoming period. First, anyone that’s done a FTL budget knows how difficult it is to gain access to a shipper’s forecasted purchasing and/or sales data that’s needed to generate volume estimates.

Forecasting 216

Forecasting Purchasing Skills Exercises Scenario Planning 216

The Logistics & Supply Chain Management Society

JUNE 14, 2023

This has its own costs, because all the estimates computed from the data would have greater statistical uncertainty even though they would be less biased. Assume there is one year of daily data available for estimating the mean daily unit demand. Table 1 shows the estimates of the reorder point computed over 100 simulations.

Inventory 130

Inventory Supply and Demand Scenario Planning Demand Planning Software 130

Supply Chain Brain

JANUARY 11, 2024

An estimated 17 million to 21 million workers currently are living in slavery conditions worldwide. Think slavery in global supply chains is a thing of the past? Think again.

Supply Chain 109

Supply Chain Supply and Demand Global 109

Talking Logistics

JULY 26, 2023

According to Comscrore, this past weekend the movie brought in an estimated $155 million in ticket sales in the United States and an additional $182 million overseas. Have you seen the new Barbie movie? I haven’t seen the movie yet, and I’m not sure if/when I will. I’m more of an Oppenheimer guy, which I’m.

Innovation 130

Innovation Supply Chain United States Supply and Demand 130

Logistics Viewpoints

JANUARY 20, 2022

Upon checkout, consumers may be faced with estimated delivery dates ranging from days to weeks in length. Once a delivery window is set, estimating the exact time within that window that the order will arrive can be as equally challenging as setting the delivery window. Estimating delivery times for Big & Bulky items can be tricky.

Manufacturing Procurement 182

Manufacturing Procurement Procurement Solutions Purchasing Skills Inventory Reduction 182

Supply Chain Brain

NOVEMBER 29, 2021

Final sales for Cyber Monday fell short of estimates and didn’t surpass last year’s record as lackluster sales and scarce inventory kept shoppers from breaking out their credit cards during the start of the holiday shopping season.

Inventory 98

Inventory Supply and Demand 98

C3 Solutions

AUGUST 22, 2023

The Boston Consulting Group (BCG) estimates that the monetary value of this squandered resource is around $230 billion, a colossal loss in an era where economic stability is a concern for many countries.

Food 147

Food Boston Supply Chain Groups 147

Logistics Viewpoints

JANUARY 21, 2021

Machine learning (ML) techniques can be applied to provide more accurate transit information and estimated arrival times (ETAs) by analyzing the historical shipment data in your transportation management systems. How machine learning is transforming logistics. The model learns continuously and can adapt to changing conditions in the network.

Predictive Analytics Software 345

Predictive Analytics Software Logistics Network Optimization Software Modeling Inventory Reduction 345

Supply Chain Brain

NOVEMBER 30, 2023

Ford and GM were forced to cut their full-year profit forecasts due to lost production from the six weeks of strikes at the companies’ U.S.

Cost Reduction Strategies 97

Cost Reduction Strategies Forecasting Company 97

Talking Logistics

FEBRUARY 24, 2022

There are an estimated 10.4. In what some are calling the Great Resignation, nearly 3 percent of American workers have quit their jobs as of August 2021. The population is aging and many are retiring. Read more Fighting Worker Shortages Through Connectivity.

United States 180

United States Supply Chain Logistics Supply and Demand 180

ToolsGroup

JUNE 29, 2020

In fact, it’s estimated that up to 80 percent of new product launches in the consumer packaged goods (CPG) industry fail. Traditional forecasting techniques rely on aggregated sales estimates, substitution mechanisms, and ratio mechanisms. What to expect from machine learning. Overall reasonably accurate forecasts.

Forecasting 428

Forecasting Forecasting Software Supply Chain Planning Software Modeling Software 428

Arkieva

AUGUST 10, 2021

In many areas of supply chain management, analytic methods generate estimates with “pesky decimals”. In this blog, we demonstrate the importance of this method and how to calculate these improved integer estimates. The traditional method to eliminate the decimals is rounding.

Analytics Software 158

Analytics Software Supply Chain Software Tools Data 158

Supply Chain Brain

JANUARY 2, 2024

The American car company was able to deliver a record number of vehicles during Q4, helping the organization hit its 2023 target of 1.8 million automobiles.

Company 52

Company 52

Arkieva

AUGUST 8, 2016

Sustainable Freight Action Plan for California is estimated to Improve Freight Efficiency by 25% in 2030. The post Supply Chain Scope: New Study Shows Rise in US Inventories; California Estimated to Improve Freight Efficiency by 25% in 2030 appeared first on Arkieva Blog. Supply Chain News. Source: SupplyChainDigest. Software Suite.

Sourcing Strategies 60

Sourcing Strategies Inventory Reduction Supply Chain Planning Software California 60

Supply Chain Brain

NOVEMBER 15, 2023

s battery supply chain because the estimated demand for lithium is expected to increase tenfold by 2030. The DOE is looking to strengthen the U.S.’s

Industrial 98

Industrial Industry Supply and Demand Supply Chain 98

Logistics Viewpoints

MARCH 29, 2024

An estimated 11.5 Amazon estimates it spent about $1.2 Had the crash occurred a few hours later at the height of the morning commute the bridge would have likely been packed with commuters. The bridge is part of the heavily traveled Interstate 695 linking Baltimore to Washington, D.C. billion on anti-counterfeit efforts last year.

Prescriptive Analytics Software 251

Prescriptive Analytics Software Logistics Network Optimization Software Supply Chain Software Logistics 251

ToolsGroup

JULY 13, 2023

With labor and shipping costs, they are determined by a list of predetermined variables, as shown below: Expected Revenue, like Shipping Cost, is also calculated based on assignment, determined by expected revenue from the last unit of an item in each eligible location.

Optimal Sourcing 291

Optimal Sourcing ToolsGroup Optimization Software Network Optimization 291

Logistics Viewpoints

NOVEMBER 16, 2023

In this article, we’ll focus on how you can operationally utilize estimated time of discharge (ETD) to improve lead times and enable better planning all along the supply chain. A container’s ETD refers to the date and time when that specific container will be available for pickup at the port/terminal.

Real-time Visibility 240

Real-time Visibility Material Savings Inventory Reduction Vendor Strategies 240

Supply Chain Brain

APRIL 26, 2023

Trucking companies and congressional critics argued the rules, estimated to cost about $2,500 to $8,300 per vehicle, were too expensive, and came amid driver shortages and supply-chain woes.

Supply Chain 111

Supply Chain Company Supply and Demand 111

Enterra Insights

APRIL 2, 2024

Knowles reports, “The National Retail Federation estimates that retail shrinkage — the discrepancy between advertised inventory and actual stock on hand — represents an approximately $112 billion problem. ”[3] All retailers, not just grocers, are suffering from inventory losses.

Security 246

Security Inventory Reduction Cost Reduction Strategies Procurement Analytics 246

Supply Chain Digest

DECEMBER 15, 2015

New SCDigest Study Finds Few Companies Say They are Really Good at Global Lead Time Estimates, Less Then Half Tracking Lead Time Variability

Global 32

Global Sourcing Study Supply Chain 32

The Logistics & Supply Chain Management Society

APRIL 19, 2023

It depends, but if you are near the equator I used a calculator tool to estimate that 100 square meters of solar panels could generate about 20,000 kWh of electricity per year. That is quite a bit of power – and the technology of solar cells is improving every year. Vehicles Also Have Roofs!

Logistics Network Optimization Software 130

Logistics Network Optimization Software Expense Reduction Supply Chain Software Logistics 130

Logistics Viewpoints

MAY 31, 2023

Beyond just estimating cartons and pallets for transport planning purposes, the load builder will also provide a comprehensive visualization of the optimal trailer layout factoring in considerations such as stop sequencing, stackability, and axel weight balancing. Dynamic load builder is coming soon to Active WM and TM customers.

Conference 206

Conference Real-time Visibility Supply Chain Planning Software Optimization Software 206