Enterra Insights

JUNE 14, 2019

This causes confusion for many business leaders who struggle to put it into perspective for their specific needs.”[1] ”[1] To break through the confusion, Watson suggests business leaders view AI as an umbrella term encompassing a wide variety of algorithms and approaches. AI is changing the business landscape.

Supply Chain Network Software 113

Supply Chain Network Software Optimization Software Analytics Software Predictive Analytics Software 113

Supply Chain Shaman

SEPTEMBER 3, 2015

His feeling was that inventory is an asset to manage. Companies need to carefully manage the asset and mitigate the waste. The goal is to become consciously competent in managing the role of inventory in supply chain strategy. The reduction of cost and improving asset utilization is usually the charter of the supply chain team.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

DELMIA Quintiq

OCTOBER 28, 2014

I had an interesting conversation about this with Frank Tinschert, Business Unit Director Logistics at Quintiq, and below are his answers. So how will logistics planning and optimization technology help 3PLs to overcome these challenges? This is useful on many different planning levels. This is the point of view of 3PLs.

Supply Chain Planning Software 281

Supply Chain Planning Software Logistics Network Optimization Software Optimization Software Optimal Sourcing 281

Intelligent Audit

AUGUST 25, 2022

This standard method has helped countless businesses identify where transportation spend is going and where there is an opportunity to optimize. Machine learning technology takes these goals to a new level to show abnormal spikes quickly and efficiently to identify the cause of price increases. Create Data-Driven Insights.

Real-time Visibility 52

Real-time Visibility Transportation Management Supply Chain Planning Software Optimization Software 52

ToolsGroup

JUNE 27, 2022

Let’s use a hypothetical company to illustrate. Horizontal integration involves the acquisition of a competitor or a closely-related business that operates at the same or similar stages of the supply chain. In this case, I would own both the raw materials and the production process. Essentially, the company buys its supplier.

Price Reduction 156

Price Reduction Cost Reduction Strategies Material Savings Supply Chain Planning Software 156

QAD

JULY 15, 2021

Given the demand for critical care equipment like ventilators, personal protective equipment, and key medicines, life sciences companies were left scrambling to produce and in some cases source these important life sustaining products at an unprecedented rate. Automation and Pharma 4.0 adoption are other trends we’re seeing as well.

Supply Chain Planning Software 97

Supply Chain Planning Software Analytics Software Forecasting Software Demand Planning Software 97

Enterra Insights

SEPTEMBER 9, 2020

”[1] Businesses are certainly having to navigate digital transformation carefully as they seek ways to become more efficient and profitable while trying to avoid data leaks and privacy issues. They generate more revenue (9%) from their physical assets and employees and create more overall value.”[2]. ”[2]. ”[5].

Supply Chain Design Software 100

Supply Chain Design Software Modeling Software Analytics Software Optimization Software 100

Supply Chain Shaman

DECEMBER 11, 2018

The goal of this post is to provide clarity. Supply chain planning– decision support for business leaders– evolved in the 1980s. While there is much hype on DDMRP and the use of orders as a proxy for demand, companies need to remember that orders carry latency: they are out-of-step with market purchase behavior.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Network Software 195

Supply Chain Shaman

MAY 13, 2015

I knew nothing about the world of logistics, inventory management and order optimization. Over time, companies acquired assets. The focus in supply chain groups was not on how to design the operations so that they were more effective; instead it was about the use of best practices to maximize the value of what we had.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Agile and Lean Supply Chain 150

USC Consulting Group

OCTOBER 30, 2018

Economic developments and technological advancement have prompted businesses across all industries to cultivate new kinds of partnerships. By using outsourcing rationalization, businesses can effectively assess their outsourcing infrastructure and build partnerships that benefit their bottom lines without laying the seed for dysfunction.

Resource Reduction 40

Resource Reduction Price Reduction Cost Reduction Strategies Supply Chain Design Software 40

Taulia

JUNE 29, 2022

But that isn’t really the case. In fact, these are two independent activities, and many organizations are using SCF to improve sustainability goals or strengthen supply chain health. Suppliers have grown used to waiting for 30, 60, or 90 days,” he said. Let’s take a deeper look. Part of a broader relationship.

Negotiate Pricing 52

Negotiate Pricing Negotiating Skills Buyer Training Agile and Lean Supply Chain 52

synchrono

MARCH 6, 2017

Measure efficiency and productivity against your REAL goal. There’s a big difference between managing efficiency and productivity using traditional thinking and using Constraints Management thinking. Cost allocation is commonly used to quantify local impact. Therefore, local efficiency is used to measure resources.

Metrics 82

Metrics Waste Reduction Resource Reduction Cost Reduction Strategies 82

IQMS

JULY 11, 2019

Improving semiconductor manufacturing yields up to 30%, reducing scrap rates, and optimizing fab operations is achievable with machine learning. Automating quality testing using machine learning is increasing defect detection rates up to 90%. PDF, no opt-in) McKinsey & Company. The World Economic Forum (WEF) and A.T.

Manufacturing Procurement 42

Manufacturing Procurement Optimal Sourcing Modeling Manufacturing 42

Supply Chain Action Blog

JUNE 14, 2017

The Emerging Role of Optimization in Business Decisions. From that perspective, optimization was something that had to be reserved for special cases of complex decisions that had little relevance for day-to-day operations. Optimization helps decision-makers do just that. How Lean Thinking Helps.

Six Sigma 40

Six Sigma Inventory Reduction Agile and Lean Supply Chain Lean 40

Supply Chain Action Blog

JUNE 14, 2017

The Emerging Role of Optimization in Business Decisions. From that perspective, optimization was something that had to be reserved for special cases of complex decisions that had little relevance for day-to-day operations. Optimization helps decision-makers do just that. How Lean Thinking Helps.

Six Sigma 40

Six Sigma Inventory Reduction Agile and Lean Supply Chain Lean 40

Logistics Bureau

JANUARY 7, 2020

The success of your business links inextricably to the performance of your supply chain. If you want business success (and who doesn’t?), First though, since the topic is “business success”, let’s be clear on what that looks like. . . Supply Chain and Business Success By the Numbers.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 101

Requis

DECEMBER 11, 2020

Scott Donachie is the president and founder of Companies for Zero Waste , an organization that helps businesses transition to low-carbon and zero waste operations while driving profitability. I saw the struggles a friend of mine had with his door-to-door compost collection business in New Jersey.

Waste Reduction 75

Waste Reduction Supply and Demand Supply Chain Design Software Just-in-Time 75

6 River Systems

APRIL 23, 2019

As warehouses embrace technology to optimize the supply chain and reduce fulfillment costs , many companies are considering making the move to an automated warehouse. Therefore, you should carefully consider if installing an automated warehouse is worth the money — especially if you might want to sell your business a few years down the line.

Warehousing 97

Warehousing Supply Chain Software Supply Chain Planning Software Supply Chain Design Software 97

Logistics Bureau

MAY 5, 2016

This “output versus input” definition covers achievements of the workforce, results from the use of equipment, time spent (as in the hours needed to manufacture a product) and return on capital. On the other hand, boosting useful results from an asset without changing costs is also a way to increase productivity.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Optimization 40

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.

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

ToolsGroup

DECEMBER 11, 2023

In the age of big data, the challenge is no longer accessing enough data; the challenge is figuring out the right data to use. In a past article , I focused on the value of alternative data, which is a vital business asset. So are you using the correct data granularity for your business intelligence?

Purchasing Skills 156

Purchasing Skills Optimal Sourcing Data Modeling 156

SCMDOJO

SEPTEMBER 4, 2023

Callarman, 2020) Ergo, working with the correct LSP may further help an organization to optimize expeditiously and plan for potential growth. 1PL and 2PL Logistics Service Providers The first is the 1PL, a business or a person that transports and conveys their own products by their own vehicles.

Logistics Network Optimization Software 94

Logistics Network Optimization Software Negotiating Skills 3PL Negotiate Pricing 94

The Logistics & Supply Chain Management Society

MAY 28, 2022

Companies need to re-evaluate their supply chain strategies, if they are still most optimal. The fast growth of ecommerce resulted in the entry of many new e-fulfillment players to take care of the last-mile delivery to the consumer. From global to local and regional sourcing. Is this the end of the outsourcing trend?

Innovation 244

Innovation Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Software 244

Logistics Bureau

OCTOBER 9, 2023

In this post, we’re revisiting the topic with a more holistic approach, focusing on six factors that can make the difference between an optimal and suboptimal distribution network design. Indeed, careful attention to data in the preparation stage is indispensable for delivering a simple yet optimal design.

Network Design Software 75

Network Design Software Network Design Supply Chain Design Software Supply Chain Network Software 75

New Horizon Supply Chain Blog

FEBRUARY 23, 2024

The terms demand forecasting and demand planning are sometimes used interchangeably, but demand forecasting is actually a subset of demand planning. Demand forecasting uses quantitative methods to predict demand levels and variability as a starting point for coming up with a demand plan. How Does It Differ from Demand Forecasting?

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 52

Supply Chain Shaman

DECEMBER 10, 2018

Mark and Dave, both career Clorox employees, drove a program to customize the supply chain response using Value Chain Segmentation. Clorox Company Business Overview. Defining an effective supply chain hinges on the definition of supply chain strategy based on the business flows. This was not the case for the Clorox.

Inventory Reduction 167

Inventory Reduction Cost Reduction Strategies Waste Reduction Material Savings 167

Enterra Insights

NOVEMBER 5, 2019

Mattos adds, “A critical supply chain challenge is how to reconfigure distribution channels, forecast methods and technology to generate value across business ecosystems. To achieve this goal, companies must create new business models and improve supply chain management functions.” Closing the loop.

Waste Reduction 100

Waste Reduction Gartner Supply Chain Design Software Supply Chain Design 100

6 River Systems

APRIL 4, 2019

RFID tags and robotic warehouse systems generate and transmit data that, when combined with other data sources, allow companies to optimize the supply chain and make better predictions and forecasts to improve efficiency and boost the bottom line. They can also be used to track the provenance of adulterated products to identify the source.

Logistics Network Optimization Software 76

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 76

6 River Systems

FEBRUARY 25, 2019

Getting customers what they want, in a timely manner and at the lowest possible cost (without sacrificing quality) is the foundation of any product-based business. That means there are many potential areas for improvement, and that’s why supply chain optimization begins with an evaluation of the status quo to identify shortcomings.

Optimal Sourcing 55

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Optimization Software 55

Arkieva

JULY 1, 2016

In 1977 Gary was already an established star with one IBM Outstanding Technical Achievement Award for RET (real time enrollment and training – scheduling and data base application using relational structures and scheduling heuristics) one Division Award for EIN (Executive Information Network). Levels and Components. Tier 4: Response System.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 62

6 River Systems

NOVEMBER 25, 2020

There are several elements in an effective logistics strategy, with the ultimate goal of identifying the most cost-effective service levels and developing plans and processes that enable the company to operate as close to those optimal service levels as possible.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Waste Reduction Resource Reduction 52

Supply Chain Network

SEPTEMBER 9, 2015

XPO will also capitalize on synergies from the combination with Con-way’s managed transportation, truckload and freight brokerage businesses. XPO will remain asset-light with net capex of 3.3% of revenue, and with asset-based operations accounting for about a third of sales. • Headquartered in Ann Arbor, Mich.,

Logistics Network Optimization Software 60

Logistics Network Optimization Software Material Savings North America Logistics 60

Elementum

MARCH 15, 2022

Even if you lived through the early days of business technology, from today’s vantage point, it’s still hard to (re)imagine that world: where computers were immense, singular objects, attended by a large team, and provided their own suite of rooms. Practice > Process Over time, “Practice” emerged in ITSM as a term preferred to “Process.”

Logistics Network Optimization Software 78

Logistics Network Optimization Software Optimization Software Modeling Software Demand Planning Software 78

BlueYonder

JANUARY 27, 2014

In Part II , Gordon discussed how supply chain personnel issues can be solved using cloud-based pods. It’s the irreducible asset. So it gives you more time to do what your paid to do: create solutions to solve business problems. So the cloud pod functions with your team to achieve your goals. Virtually all the U.S.

Supply Chain Design Software 66

Supply Chain Design Software Supply Chain Software Supply Chain Design Data 66

The Logistics of Logistics

MAY 18, 2022

William shares how they transform data into critical actionable information that optimizes and powers operations throughout businesses. Tune in as they discuss the value of data and how organizations can use it not only descriptively but prescriptively as well. PowerFleet is primarily in the tracking and asset management area.

Prescriptive Analytics Software 206

Prescriptive Analytics Software Data Analytics Software Predictive Analytics Software 206

6 River Systems

JUNE 26, 2019

3PLs aren’t used exclusively by major enterprises; in fact, smaller companies often find it more financially sustainable to outsource activities such as warehousing and distribution to 3PLs compared to building and maintaining in-house business units dedicated to these functions. 3PL use is prevalent (and growing).

3PL 45

3PL Warehousing Logistics Network Optimization Software Inventory Reduction 45

ThroughPut

NOVEMBER 28, 2023

In the ever-changing business landscape, those who get in on the action before the crowd can claim a competitive edge. From leaders to the dedicated folks on the front, supply chain analytics equips everyone to meet their performance goals (those famous KPIs) and get business revenues and growth into high gear.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52