Talking Logistics

JULY 31, 2023

Talking Logistics guest commentary by Glenn Jones (Blume Global) on how machine learning optimizes the supply chain.

Supply Chain Optimization 525

Supply Chain Optimization Price Mitigation Strategies Supply Chain Supply and Demand 525

Supply Chain Shaman

MAY 1, 2023

In contrast, those who outperformed were better at strategy and aligned with outcomes. Instead, the starting point, as shown in Figure 1, should start with a clear understanding of business strategy. The operating strategy–a major part of the supply chain strategy–flows from the business strategy.

Inventory Reduction 241

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 241

Logistics Viewpoints

AUGUST 25, 2021

A TMS offers optimization capabilities across multiple modes to improve service levels and reduce freight spend. A TES is generally mode specific and lack optimization capabilities, but for shippers with simpler transportation requirements, that is often all they need. Second is to hire, train, and retain the best available talent.

Price Reduction 284

Price Reduction Cost Reduction Strategies Expense Reduction Price Mitigation Strategies 284

Logility

MAY 17, 2023

The urgent need for supply chain resiliency is increasing interest in onshoring, reshoring, and nearshoring strategies. By leveraging a comprehensive platform companies can review scenarios through the lens of advanced demand, inventory and manufacturing planning optimization capabilities,” Henriott said.

Vendor Strategies 171

Vendor Strategies Cost Reduction Strategies Price Reduction Inventory Reduction 171

Procurement Academy

OCTOBER 19, 2023

As a result, training on how to navigate these complexities is a must. The Essentials of Procurement Optimization Taken at its most basic level, procurement optimization is simply the strategic process of improving every aspect of procurement operations. The disadvantage of this sourcing strategy is risk concentration.

Optimal Sourcing 52

Optimal Sourcing Vendor Strategies Price Reduction Resource Reduction 52

IT Supply Chain

MARCH 27, 2023

Lawrence (pictured) Content Writer The post Optimizing Warehouse Space: 5 Strategies & Insights appeared first on IT Supply Chain. By Dwight J.

Price Mitigation Strategies 105

Price Mitigation Strategies Supply Chain Optimization Supply Chain Strategy Warehousing 105

DELMIA Quintiq

OCTOBER 11, 2021

The way forward implies resiliency in all aspects of the business, and for manufacturing in particular, this means implementing the right strategies as stepping stones to build and drive strategic flexibility. The answer lies in a digital transformation strategy that delivers optimal ways of working. How can this be achieved?

Sourcing Strategies 296

Sourcing Strategies Waste Reduction Resource Reduction Price Reduction 296

Procurement Academy

NOVEMBER 13, 2023

Incorporating a robust corporate training program into your business is a highly effective means to upskill your current employees, attract new talent, and foster a strong company culture. There are, though, several strategies that can help to secure this support from the key figures across your business.

Purchasing Training 52

Purchasing Training Price Mitigation Strategies Buyer Training Material Savings 52

Logistics Viewpoints

MARCH 25, 2024

Infor’s CEO, Kevin Samuelson Infor’s strategy for differentiating their business from competitors like SAP and Oracle rests on a truly differentiated approach to ensuring that their customers get ongoing value from the business applications they purchase. Infor, with anticipated revenues of $3.4 We just want them solved.”

Vendor Strategies 225

Vendor Strategies Material Savings Resource Reduction Supply Chain Design Software 225

Logility

APRIL 3, 2024

You can then take it a step further with multi-echelon inventory optimization (MEIO), which provides visibility to everything from raw materials, to finished goods. Find out how advanced life sciences inventory optimization can significantly and positively impact your supply chain with minimal upfront costs.

Supply Chain Optimization 166

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

ToolsGroup

MARCH 24, 2021

Imagine what would happen if each station optimized its schedule and traffic independently: city-wide chaos would ensue. Now consider that by not optimizing your inventory from a global vantage point you may be creating, if not outright chaos, a much less efficient network than you could have.

Modeling 270

Modeling Optimization Software Inventory Reduction Network Optimization 270

ToolsGroup

JANUARY 15, 2024

BOSTON & LONDON — January 15, 2024 — ToolsGroup , a global leader in retail and supply chain planning and optimization software, today announced the launch of their In-Season Inventory Optimization Solution, an integrated suite of tools in the greater JustEnough retail planning and execution suite.

Inventory Reduction 177

Inventory Reduction ToolsGroup Waste Reduction Price Reduction 177

The Logistics of Logistics

JANUARY 26, 2024

On this podcast interview, Tom Moore and Joe Lynch discuss load building and optimization. With a wealth of experience partnering with industry giants like Procter & Gamble, Unilever, Nestle, and Kimberly-Clark, Tom has been instrumental in developing cutting-edge solutions for warehousing, truck loading, and planning optimization.

Optimization Software 220

Optimization Software Supply Chain Optimization Network Optimization Supply Chain Planning Software 220

Procurement Academy

OCTOBER 19, 2023

A generic approach to training is not the solution to the increasing range of challenges facing procurement teams. This leads to professional growth and supply chain efficiency – just two benefits of role-based training , of which there are many more.

Buyer Training 52

Buyer Training Purchasing Training Negotiating Skills Optimal Sourcing 52

Logility

DECEMBER 15, 2023

From harvest to hands, the food & beverage (F&B) industry leaves no room for guesswork, especially without supply chain optimization software. This reality is compelling F&B companies to rethink their strategies and approach to supply chain optimization and demand planning.

Optimal Sourcing 175

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 175

The Logistics of Logistics

NOVEMBER 17, 2023

Brian Kempisty , Lauren Beagen and Joe Lynch discuss building a resilient port strategy. Lauren is a lawyer and the Founder of Squall Strategies , a boutique maritime consulting and legal solutions company. Beagen is a seasoned maritime attorney and the founder of Squall Strategies, LLC and The Maritime Professor.

Resource Reduction 235

Resource Reduction Supply Chain Strategy Price Mitigation Strategies Strategy 235

Logistics Viewpoints

JANUARY 1, 2024

Historically, omnichannel software solutions were not capable of optimization. The hierarchy of rules is too simple to fully optimize profitability. Now, however, a couple of software companies, Manhattan Associates and Blue Yonder, have introduced optimization capabilities into their omnichannel solutions. That is changing.

Omnichannel 211

Omnichannel Modeling Optimization Software Optimization Modeling 211

Logility

MAY 31, 2023

The Optimization Advantages of a Redesigned Supply Chain Network Cost optimization is one of the most popular supply chain initiatives. When operating in an endless array of high-impact disruptions, global economic fluctuations, and sustainability concerns, focusing on costs alone will not save your supply chain.

Optimal Sourcing 130

Optimal Sourcing Modeling Network Design Software Network Optimization 130

Logility

MAY 5, 2023

Inventory strategies begin with an efficient network design to effectively balance your ability to accurately predict customer demand and work with suppliers to adjust orders in real time. Routine firefighting of inventory issues is a symptom of inventory strategies treated as a once-a-year exercise.

Inventory Reduction 130

Inventory Reduction Vendor Strategies Resource Reduction Price Reduction 130

GlobalTranz

MAY 19, 2020

Supply chains are complex ecosystems of people, tools, and strategies that are getting increasingly difficult to manage efficiently. The post 10 Most Effective Tips for Optimizing Your Supply Chain appeared first on Transportation Management Company | Cerasis. It’s not a feat you can achieve with only one major tool.read More.

Supply Chain Optimization 360

Supply Chain Optimization Optimization Software Supply Chain Planning Software Price Mitigation Strategies 360

ToolsGroup

DECEMBER 10, 2023

As Christmas draws near, it’s impossible not to think of Santa — and as the CEO of an AI company that optimizes supply chain , it’s impossible to ignore his looming logistical challenge. Supply chain optimization in a changing world So what is the solution? It’s time to let AI optimize supply chains faster than any human ever could.”

Modeling 156

Modeling Supply Chain Optimization Optimization Modeling Optimization Software 156

ivalua

FEBRUARY 10, 2023

How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy. These options also open up the door for collaboration with suppliers, or holding regular reviews that can help optimize supplier management techniques.

Sourcing Strategies 264

Sourcing Strategies Price Reduction Purchasing Skills Manufacturing Procurement 264

Enterra Insights

JUNE 6, 2023

Supply Chain Planning and Digital Twins Chap Achen , Vice President of Product Strategy & Operations at Nextuple, explains, “A digital twin allows a business decision-maker to test and validate a complete set of strategies and objectives across teams and make smart decisions that improve the customer experience and maximize profitability.”[1]

Resource Reduction 130

Resource Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Strategy 130

Supply Chain Game Changer

SEPTEMBER 23, 2022

The Anatomy of a Highly Optimized eCommerce Distribution Centre! These centers include areas to receive the items, ensure package efficiency, and store, ship, and audit supplies which is why you want to optimize your Distribution Center. This article provides seven effective strategies to optimize your distribution center.

Inventory Reduction 52

Inventory Reduction Waste Reduction Expense Reduction Cost Reduction Strategies 52

Talking Logistics

SEPTEMBER 27, 2023

Read more The post Pricing Optimization at Delly’s: A Case Study in Successful AI Enablement appeared first on Talking Logistics with Adrian Gonzalez. After capturing many of.

Case Study 266

Case Study Study Optimization Software Supply Chain Optimization 266

Procurement Academy

OCTOBER 11, 2023

Corporate training represents a substantial investment for organizations, both in terms of time and money. So, how can training providers prove the effectiveness of their training? There are various evaluation methods that can be used to assess the effectiveness of corporate training programs.

Buyer Training 52

Buyer Training Purchasing Training Price Mitigation Strategies Training 52

Logistics Viewpoints

MARCH 21, 2022

Blue Yonder recognized the need to transform into a Partner First organization as part of its core growth strategy. I talked with Umar Ausaf – Blue Yonder’s General Manager for North America Partner Success and Bill Beecher – VP for Global Alliances at Blue Yonder – about this change to their strategy. The transition is not easy.

Vendor Strategies 197

Vendor Strategies Resource Reduction Price Mitigation Strategies Supply Chain Strategy 197

Loginext

MARCH 2, 2023

By understanding the basics of route planning, you'll be better equipped to optimize your route planning strategy and achieve the best results. The post How to Optimize Your Route Planning Strategy? appeared first on loginextsolutions.com.

Price Mitigation Strategies 52

Price Mitigation Strategies Optimization Software Supply Chain Optimization Supply Chain Strategy 52

Elementum

FEBRUARY 7, 2024

Digital Process Optimization: Streamlining Business for Efficiency In the race to streamline operations and elevate efficiency, Digital Process Optimization (DPO) emerges as a critical strategy for businesses looking to innovate and scale. Key Takeaways Digital processes enhance business agility and operational efficiency.

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

Precoro

FEBRUARY 26, 2024

For procurement professionals, systemizing and optimizing cost centers is not just a matter of financial management; it's a strategic task for driving efficiency, controlling costs, and enhancing overall performance. In this article, we delve into the intricacies of cost centers and explore strategies for improvement.

Optimal Sourcing 105

Optimal Sourcing Cost Reduction Strategies Optimization Software Negotiating Skills 105