The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Evolution of Asset Management: Humans, Inventory and the Rise of AI by Jeroen Hendriks , Director at Art of Supply Chain Sdn Bh In the ever-evolving landscape of organisational success, the spotlight is now on asset management. In this article, we will focus on inventory and people as assets.

Asset Management 130

Asset Management Inventory Reduction Inventory Optimal Sourcing 130

TrackVia

AUGUST 17, 2023

Effective asset management is essential to any successful business operation. Streamlining these processes to align perfectly with the unique needs of each organization can help an organization to better manage and enhance decision-making processes and reduce operational costs.

Asset Management 52

Asset Management Analytics Software Predictive Analytics Software Optimization Software 52

QAD

SEPTEMBER 22, 2021

Learn more about companies using ERP and how they’ve found success below. This type of software is used by businesses to plan and oversee routine operations, such as supply chain management, manufacturing, services, project management, customer relationship management, risk management, compliance, accounting and procurement.

Case Study 52

Case Study Study Optimal Sourcing Supply Chain Planning Software 52

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Green Corridor: The Circular Journey 3 conversations Needed for Asset Management in a Sustainable World by Timothy Foote, Founder of Susymbio Things degrade and deteriorate over time. The world takes its toll through use and natural degradation on assets: handles break, roofs weather, metal rusts.

Optimal Sourcing 162

Optimal Sourcing Supply Chain Planning Software Singapore Logistics Network Optimization Software 162

Vecco International

FEBRUARY 4, 2024

Vecco has built a Control Tower (Asset CT) for use by multi-site equipment rental companies. 2) Provide a platform to execute the fleet optimization algorithms utilized by the Rental Company. 2) Provide a platform to execute the fleet optimization algorithms utilized by the Rental Company.

Asset Management 40

Asset Management Forecasting Software Predictive Analytics Software Optimization Software 40

AB&R

AUGUST 8, 2023

Track Your Oil and Gas Equipment Digitally By AB&R How to Track Oil and Gas Equipment and Inventory Digitally In the oil and gas industry, many companies continue to rely on manual, paper-based, or spreadsheet-based tracking of their parts, equipment and inventory.

Supply Chain Design Software 52

Supply Chain Design Software Inventory Management Software Supply Chain Software Asset Management 52

The Smart Software

OCTOBER 7, 2022

21Tech, LLC will sell and deploy Smart Inventory Planning & Optimization (Smart IP&O™) as an integral part of its Enterprise Asset Management Practice to address the supply chain planning needs of Large Companies, State and Local agencies.

Supply Chain Planning Software 53

Supply Chain Planning Software Optimization Software Supply Chain Software Forecasting Software 53

Infosys Supply Chain Management

JUNE 20, 2013

Discuss the latest trends and solutions across the supply chain management landscape. « Linear Asset Management and Dynamic Segmentation- Part II | Main | Global Template Solution - Approach » Business Process Optimization in Asset Management. as used in production or delivery of services.

Optimal Sourcing 25

Optimal Sourcing Asset Management Supply Chain Optimization Optimization Software 25

QAD

FEBRUARY 25, 2020

And, many of these companies utilize Enterprise Resource Planning ( ERP ) to boost production efficiency, better coordinate demand and supply, track waste, and strive for more sustainability and effectiveness. When adequately managed, assets last longer and therefore need to be replaced less frequently.

Waste Reduction 144

Waste Reduction Cost Reduction Strategies Resource Reduction Inventory Reduction 144

Infosys Supply Chain Management

JUNE 20, 2012

Discuss the latest trends and solutions across the supply chain management landscape. Main | TOC for Electric Utility industry.Part 1 » Face book, Twitter and Asset Management. News feed and comments would become work log or history, covering a good amount of Asset Management gamut.

Asset Management 31

Asset Management Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 31

Requis

MARCH 28, 2023

Requis ’ API creates a digital bridge between financial, asset management, and procurement technologies used by energy and resource operators and engineering and construction companies. The construction industry lost $1.84 trillion due to insufficient data used in decision-making.

Optimal Sourcing 52

Optimal Sourcing Resource Reduction Supply Chain Optimization Optimization Software 52

Infosys Supply Chain Management

JULY 3, 2012

« Growing interest in sustainability from asset intensive organizations - Part 2 | Main | Spicing up your supply chain recipe through robust Yard Management » Asset in Enterprise Asset Management. An Enterprise Asset Management (EAM) framework is predominantly based on the definition of Asset.

Asset Management 30

Asset Management Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 30

Infosys Supply Chain Management

AUGUST 7, 2013

« Importance of Proactive Master Data Maintenance in SAP SCM Support | Main | Instance Consolidation Strategy » Key Asset Management trends in Oil & Gas Industry. Within Infosys, we have a renewed focus on Energy Industry which primarily involves Oil & Gas companies for us. Work Force Management - Key Challenges.

Asset Management 27

Asset Management Resource Reduction Trends Sourcing Strategies 27

Logistics Viewpoints

DECEMBER 8, 2022

Billions of venture capital dollars of investment are being poured into companies that can integrate real-time visibility data with transportation to provide a more informed ETA for shippers and carriers. The company is focused on ocean shipping. FourKites is a private company headquartered in Chicago in the US.

Rail Software 187

Rail Software Real-time Visibility Supply Chain Network Software Supply Chain Planning Software 187

RFgen

MAY 1, 2023

Asset tracking has become an essential aspect of managing a business. For companies with a large number of tangible fixed assets, such as those in manufacturing, the food and beverage industry, oil & gas , government, and public utilities, managing equipment and spare parts over a large area can be challenging.

Optimization Software 52

Optimization Software Inventory Management Software Forecasting Software Supply Chain Design Software 52

AB&R

FEBRUARY 6, 2019

Automated locker systems are customizable for virtually any industry and are powered with cloud-based software that provides real-time traceability to help you identify, track, and manage your most important assets. 1) 24/7 accessibility to assets. 1] Apex Asset Management Overview. Axcess 6100 Series.

Supply Chain Software 61

Supply Chain Software Supply Chain Design Software Inventory Management Software Procurement Solutions 61

RFgen

FEBRUARY 13, 2020

Fixed assets, comprised of high value, long-term use inventory, can cost $260,000 per hour in unplanned production downtime if mismanaged. Common enterprise asset management challenges include inaccurate data, lack of visibility, timeliness, costly downtime and inability to scale. Inaccurate Data. Scalability.

Supply Chain Planning Software 55

Supply Chain Planning Software Supply Chain Software Supply Chain Network Software Optimization Software 55

RFgen

FEBRUARY 13, 2020

Fixed assets, comprised of high value, long-term use inventory, can cost $260,000 per hour in unplanned production downtime if mismanaged. Common enterprise asset management challenges include inaccurate data, lack of visibility, timeliness, costly downtime and inability to scale. Inaccurate Data. Scalability.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Network Software Optimization Software 52

QAD

JANUARY 6, 2022

In 2020, Deloitte conducted an extensive survey about digital transformation and found that: “Digitally mature companies enjoy a wide range of specific benefits arising from their digital transformations that include, but go well beyond, the bottom line. The authors refer to the bounty of benefits that accrue from digital maturity.

Supply Chain Planning Software 92

Supply Chain Planning Software Supply Chain Software Optimization Software Tools 92

AFFLINK

AUGUST 7, 2019

Artificial intelligence will learn over time, becoming more consistent and capable the more information it has about a company's needs. As new trends emerge and the market shifts, the company will also be able to tighten its forecasting. All of this will lead to less waste and increased fulfillment for a manufacturing company.

Supply Chain Software 59

Supply Chain Software Supply Chain Planning Software Supply Chain Optimization Waste Reduction 59

Logistics Viewpoints

FEBRUARY 28, 2022

As an E2open forecasting benchmarking report pointed out, “for companies trying to predict demand in March of 2020 as the world was descending into lockdown and everything was being turned upside down, what happened in March of 2019 had little to no relevance.”. A company can go bankrupt, and a machine could be programmed to understand that.

Optimal Sourcing 282

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 282

AB&R

JANUARY 3, 2019

A leading health services company responsible for providing Class I and II medical devices needed assistance from AB&R® to help with their Unique Device Identification (UDI) labeling requirements. The company supplies linens and reusable medical equipment such as gowns and drapes to hospitals across the country.

Case Study 40

Case Study Study Meeting Company 40

PINC

OCTOBER 8, 2020

RailcarRx software provides maintenance, repair, fleet and asset management insights that help railroads, railcar owners, repair shops and shippers operate more efficiently, monitor equipment health and improve safety. For more details, visit railcarrx.com.

Rail Software 147

Rail Software Logistics Network Optimization Software Analytics Software Optimization Software 147

Kinaxis

AUGUST 21, 2019

For example, streaming companies are using unmanned aerial vehicles (UAVs), aka drones, to capture live events for sports, political rallies and concerts. Today’s well-known, pioneering companies are already investing in such technology to make sure that they keep their market presence high in consumer services.

Supply Chain Software 202

Supply Chain Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 202

QAD

NOVEMBER 26, 2019

Fixed Assets and Accounting: Much More than a ‘Nice to Have’. Honestly, fixed asset management and the related accounting is a rather dry subject – unless you are a CEO, CFO, COO, VP of Finance, VP of Manufacturing or Fixed Asset Manager at a manufacturing company. Fixed Assets and the CFO.

Asset Management 145

Asset Management Manufacturing Procurement Modeling Software Supply Chain Design Software 145

Requis

JUNE 12, 2020

There are companies seeing incredible ROI from digital twin systems. Use case for digital twins in enterprise asset management. According to Forbes, the Global 2000 held $189 trillion in assets as of 2018. There are still a surprising number of global companies managing assets through spreadsheets and siloed systems.

Supply Chain Design Software 52

Supply Chain Design Software Modeling Software Supply Chain Planning Software Predictive Analytics Software 52

Supply Chain Matters

MARCH 11, 2024

We pointed out that businesses have increasingly come to recognize that customers and investors seek evidence of ESG policies and actions in determining which companies they want to either do business with or invest within. Noted was that all five have sought individual supplier by country listings.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Supply Chain Design Software Agile and Lean Supply Chain 52

The Logistics of Logistics

DECEMBER 8, 2021

Prior to joining Lineage in 2014, Eric spent 7 years as a management consulting within the healthcare, pharmaceutical and retail spaces. As a result, Lineage helps customers ranging from Fortune 500 companies to small family-owned businesses increase the efficiency and protect the integrity of their temperature-controlled supply chain.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Network Software 130

Supply Chain Game Changer

FEBRUARY 4, 2022

It has a dual sidechain designed to allow free exchange of assets and transfer of information between different systems. The Australian company, CollinStar Capital, handles the development and promotion of the HyperCash cryptocurrency. It is an asset management company. Exchanging HC to PHP today is no problem.

Supply Chain Design Software 95

Supply Chain Design Software Supply Chain Network Software Modeling Software Supply Chain Design 95

Enterra Insights

AUGUST 14, 2020

IoT strategies not only can help companies cut costs and improve efficiencies, but also can help them transform supply chains to offer manufacturers greater product differentiation and innovation.”[2] Better asset management. Closely associated with asset management is goods location. ”[4].

Internet of things 100

Internet of things Supply Chain Strategy Supply Chain Software Supply Chain 100

Synovos

JANUARY 21, 2019

. – January 21, 2019 – Synovos, the leading pure integrated supply chain management company in the world, announced three new team members have earned Certified Reliability Leader status from the association of Asset Management Professionals (AMP). Synovos is a leading provider of global supply chain management services.

Puerto Rico 40

Puerto Rico Pharmaceutical Asset Management Supply Chain Design Software 40

Supply Chain Matters

AUGUST 30, 2023

The company converts end-of-life electric batteries into renewed raw materials and components. According to the announcement, the latest founding round was co-led by Goldman Sachs Asset Management , Capricorn’s Technology Impact Fund , and funds and accounts advised by T. Rowe Price Associates. In February of this year.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Analytics Software 59

AB&R

MARCH 13, 2024

Efficient asset tracking is crucial for utility companies to maintain operations and meet regulatory compliance standards. However, with advancements in technology, automation solutions like Accuviti offer a seamless integration with Maximo®, revolutionizing utility asset tracking.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Asset Management Optimization Software 52

Synovos

FEBRUARY 28, 2020

Technology is forever changing how companies manage the MRO supply chain. From the Industrial Internet of Things (IIoT) to enterprise asset management systems, how materials are sourced, purchased, stocked, issued and tracked, is changing.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Sourcing Strategies Material Savings 52

The Logistics of Logistics

JANUARY 19, 2021

Prior to joining Lineage in 2014, Eric spent 7 years as a management consulting within the healthcare, pharmaceutical and retail spaces. As a result, Lineage helps customers ranging from Fortune 500 companies to small family-owned businesses increase the efficiency and protect the integrity of their temperature-controlled supply chain.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software Logistics Network Optimization Software 130

SYSPRO Smarter ERP

APRIL 24, 2023

SCOR Processes To measure and monitor the performance of these processes, the SCOR model also has metrics which can be used for supply chain performance — Reliability, Responsiveness, Agility, Cost, Profit, and Asset Management, and has recently added metrics for Environmental and Social attributes.

Optimal Sourcing 105

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Modeling 105

RFgen

FEBRUARY 27, 2020

Manual data entry and paper-based processes don’t allow construction and building materials companies to scale inventory processes or grow. Companies must navigate increasingly complex global supply chains, dispersed manufacturing and ongoing skilled worker shortages. Challenges in MRO Inventory and Asset Management.

Real-time Visibility 53

Real-time Visibility Material Savings Inventory Reduction Inventory Management Software 53