American Global Logistics

NOVEMBER 7, 2023

In the digital transformation era, the term 'big data' has become more than just a buzzword. High-volume data, analytics, and technology are intertwined concepts that are shaping the future of businesses across the globe. What is Big Data? To be clear, the concept of big data isn't new.

Big Data 52

Big Data Data Analytics Software Logistics Network Optimization Software 52

Supply Chain Shaman

FEBRUARY 1, 2024

Peeling Back the Lid on Supply Chain World Salad In this world, where board discussions focus on eliminating waste and meeting corporate social responsibility goals, supply chain teams respond with projects like end-to-end planning, control towers, and real-time decisions. Each concept is flawed adding to, not reducing, cost and waste.

Supply Chain Planning Software 349

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 349

Logility

FEBRUARY 23, 2021

In addition, they wanted to incorporate the inventories from their parts suppliers and their geographic locations so they could minimize empty return-trip trucks and duplicate runs, as well as minimize the inventory that they had to keep on hand in their distribution centers while knowing which suppliers had what parts in stock.

Inventory Reduction 134

Inventory Reduction Inventory Logility Logistics Network Optimization Software 134

Logility

APRIL 17, 2023

of supply chain managers using Excel spreadsheets to manage your inventory and supply chain, it’s time to make a change. To survive in this highly competitive landscape, manufacturers must protect margins, improve profitability, reduce operating costs, and enhance customer satisfaction. If you’re one of the 67.4%

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Supply Chain Software 130

Enterra Insights

AUGUST 15, 2023

The so-called “retail apocalypse” was deepened by the pandemic, then came inventory overload and inflation. Big Data Analytics and AI are at the forefront of this technological revolution, offering unprecedented opportunities for retailer agencies and agents to optimize their operations and enhance customer experience.”[1]

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Optimization 130

OptiProERP

NOVEMBER 3, 2022

Some standard digital technologies are cloud computing, the Internet of Things (IoT), machine learning, Artificial Intelligence (AI), mobile, and Big Data. Forty-two percent of SMBs consider digital transformation a central part of their organizational strategy. Developing an Effective Digital Transformation Strategy.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Waste Reduction 52

GlobalTranz

MAY 25, 2018

The internet allows for unlimited scalability and boosted efficiency in warehouse inventory management. The so-called “smart warehouse” takes advantage of these defining factors by connecting systems to streamline inventory management and overall productivity. If you need help with this transition, Veridian is your one-stop shop.

Inventory Management Software 125

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 125

Intelligent Audit

OCTOBER 27, 2022

One solution is to turn to big shipping data. Shippers can get a handle on their expenses by tracking freight invoices and improving their logistics strategy. . Or in some cases, there are so many data sources and raw data it can feel overwhelming, leading to inaction and not getting the most out of the data.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

RFgen

FEBRUARY 15, 2023

Strategy is a critical aspect of supply chain management. By managing processes like planning, sourcing, production, and delivery, companies can reduce costs, safeguard against undue risk, and pivot quickly when faced with the unexpected. Creating a new supply chain strategy can be complicated, if not daunting. Analyze data.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Waste Reduction 52

GlobalTranz

OCTOBER 25, 2017

Inventory tracking is among the top areas most impacted by omnichannel supply chain strategies, and consumer spending habits are forcing inventory tracking technology to evolve, making sure consumers can get the products they want, through the media and channels they want, and at the prices they want.

Inventory Reduction 125

Inventory Reduction Supply Chain Planning Software Analytics Software Inventory Management Software 125

ThroughPut

APRIL 20, 2021

Artificial Intelligence In Inventory Management – How To Optimize Your Warehouse Inventory Management. Why is optimizing Warehouse Inventory Management a need of the hour? Inventory management involves creating a balance between demand and supply with the right amount of stock at the right place, at the right time.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Optimization Software 52

EazyStock

OCTOBER 10, 2018

Big data is a term used to describe a massive volume of both structured and unstructured data that’s too large to be processed using traditional database and software techniques. In most enterprise scenarios, the volume of data is too big, moves too fast and exceeds processing capacity of existing applications.

Inventory Management Software 45

Inventory Management Software Big Data Inventory Management Supply Chain Planning Software 45

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Therefore, a strategy for resilience is necessary to meet the changing demands of consumers and ensure sustainable growth. Although supply chain managers have traditionally minimised the number of suppliers in their network to reduce operational and logistical complexity, this strategy is not equipped for unexpected disruptions.

Analytics Software 246

Analytics Software Supply Chain Planning Software Supply Chain Software Predictive Analytics 246

GlobalTranz

JUNE 2, 2015

Big Data and Supply Chain Analytics Offering Benefits of Continual Improvements and More… Big data is more useful than many people fully realize. That being said, there are a few different ways that big data can be used to help optimize supply chains for a wide range of companies. We hope you enjoy!

Big Data 120

Big Data Supply Chain Optimization Supply Chain Planning Software Optimization Software 120

Enterra Insights

OCTOBER 13, 2023

The benefits of this model include cost reductions in storage and inventory. But, Paul Noble , founder and CEO of Verusen, explains, “It’s really what everyone did,” adding, “supply chain managers understood that that they were tying up their company’s working capital and warehousing space to keep excess inventory.

Modeling 130

Modeling Modeling Software Supply Chain Design Software Optimization Modeling 130

Supply Chain Opz

AUGUST 2, 2018

From the most basic to the most advanced organization, Inventory Optimization is a critical goal and one which underpins the effectiveness of the supply chain operation. Inventory Optimization requires an organization to sustain and maintain the right mix of cost versus service.

Optimal Sourcing 100

Optimal Sourcing Modeling Optimization Software Inventory Reduction 100

Unleashed

JANUARY 27, 2020

Big data refers to the process of examining and analysing large and diverse data sets for the purpose of uncovering valuable information to help businesses make informed decisions. The relationship between SMEs and big data is not contradictory, because no business is too small for big data.

Big Data 63

Big Data Analytics Software Predictive Analytics Software Purchasing Skills 63

Supply Chain Shaman

OCTOBER 16, 2023

Clear operating strategy and definition of supply chain excellence across plan, source, make and deliver. I like the use of growth, margin, inventory turns, Return on Invested Capital, customer service and ESG metrics. Holistic design of the form and function of inventory with a focus on setting inventory targets for each flow.

S&OP 341

S&OP Supply and Demand Forecasting Supply Chain Design Software 341

ThroughPut

NOVEMBER 16, 2021

The unpredictability induced by the pandemic runs so deep that any organization eliminating that automatically pushes down its competition. Integration of multiple distribution channels Customer satisfaction Inventory and storage management End-to-end supply chain visibility. Data analysis to inform logistics.

Inventory Reduction 52

Inventory Reduction Supply Chain Software Supply Chain Planning Software Supply Chain Design Software 52

ThroughPut

MAY 3, 2024

Ambiguity in Inventory Visibility, Tracking and Management The Challenge For a manufacturer, inventory acts as a foundation for a successful and efficient supply chain. However, in mid-sized to large scale businesses, it may be difficult to track inventory status and movement due to lack of detailed, real-time visibility.

Procurement Solutions 52

Procurement Solutions Logistics Network Optimization Software Supply Chain Planning Software Prescriptive Analytics Software 52

NC State SCRC

OCTOBER 23, 2018

Dunn a writer for TechnologyAdvice. She provides some great insights into how big data might be able to be used in supply chains. Today’s companies face overwhelming reams of endless data flooding in from a broad range of channels. The Advantages of Analyzing Big Data Run Far and Wide.

Big Data 58

Big Data Supply Chain Planning Software Supply Chain Software Analytics Software 58

The Logistics & Supply Chain Management Society

JULY 16, 2023

This article explores the concepts of resilience and agility in supply chain management, their link with change, and the strategies employed to navigate the evolving business landscape. These changes can significantly impact supply chains by affecting sourcing strategies, trade routes, and market access.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130

Logility

DECEMBER 10, 2019

Supply chain digital transformation is all about the effective use of ‘Big Data’ through the application of advanced solutions to simplify, automate, optimize and accelerate supply chain operations while minimizing costs, reducing lead times and increasing agility. Essentially helping to reduce business risk.

Supply Chain Planning Software 130

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

Supply Chain Movement

JULY 23, 2013

2013 Trends and Strategies in Logistics and Supply Chain Management: Embracing Global Logistics Complexity to Drive Market Advantage. The key results of this study by BVL International on trends and strategies in logistics and supply chain management are summarized, as follows.

Cost Reduction Strategies 150

Cost Reduction Strategies Material Savings Inventory Reduction Logistics Network Optimization Software 150

Arena Solutions

APRIL 4, 2023

The engineering/manufacturing sector has a captivating attraction as a lucrative field for starting a career, thanks to technological developments and the exciting possibilities of working in industries like medical devices, electric vehicles (EV), aerospace and defense, consumer electronics, and biotechnology on cutting-edge products.

Manufacturing Procurement 75

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 75

SCMDOJO

APRIL 4, 2023

Importance of Supply Chain Analytics Five Types of Supply Chain Analytics Benefits of Supply Chain Analytics Challenges in Implementing Supply Chain Analytics Supply Chain Analytics System Architecture Role of Big Data What is Supply Chain Analytics?

Prescriptive Analytics Software 111

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 111

Veridian Solutions

FEBRUARY 3, 2020

In fact, consider these key tips to boost your omnichannel fulfillment strategy. The machines require the physical placement of inventory in the appropriate slots, and customers use their phones to retrieve their merchandise. However, it depends on the available inventory. Increase Your Omnichannel Strategy and Prestige.

Inventory Reduction 58

Inventory Reduction Cost Reduction Strategies Omnichannel Supply Chain Strategy 58

Arkieva

JANUARY 6, 2017

Over the past year, the Arkieva Supply Chain Link Blog provided thought leadership and informative posts on supply chain strategy tips, trends, and news. Just in case you missed some of our supply chain strategy posts , we’ve compiled a list of our popular supply chain posts from 2016 below (ranked based on shares and views).

Inventory Reduction 62

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 62

Arkieva

MAY 19, 2016

Today we face a comparable optimism and belief in Big Data and Manufacturing 3.0. Where the internet was going to take out the middle man and connect enterprises into seamless supply and demand networks, Big Data and Manufacturing 3.0 In the same way we can expect that Big Data and Manufacturing 3.0

Big Data 62

Big Data Data Analytics Software Cost Reduction Strategies 62

ThroughPut

MARCH 30, 2021

This process involves not just rethinking packaging and shifting sourcing strategy but also restructuring production processes, rearranging distribution systems, and developing closed-loop supply chain methods that help keep wastage to the minimum. It’s Time to Rethink the Waste with Smart Technology.

Waste Reduction 126

Waste Reduction Supply Chain Planning Software Resource Reduction Supply Chain Software 126

Supply Chain Game Changer

NOVEMBER 11, 2018

What is your Strategy? Shippers need to reevaluate their existing last mile logistics processes and devise an effective last mile logistics strategy that aligns consumer and business expectation. In fact, an effective last mile logistics strategy must consider these nine key points. Check out Last Mile Delivery!

Inventory Reduction 43

Inventory Reduction Cost Reduction Strategies Supply Chain Strategy Strategy 43

AIMMS

OCTOBER 22, 2019

We spoke with David Mackenzie , Transformation & Inventory Director at BT, to learn more about this shift and the role AIMMS has played in enabling it. The other part of my role is supporting the inventory management functions within BT Group, driving decision-making around what we buy, when we buy, and where from.

Supply Chain Design Software 240

Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software AIMMS 240

Unleashed

NOVEMBER 26, 2018

Prior to the industrial revolution, inventory control was all but not existent. Or perhaps they wrote down all sales and deducted the transactions from the inventory quantities they presumed they had. Managers could then record inventory stock and sales data. Barcodes for inventory control. Industry 4.0.

Supply Chain Planning Software 61

Supply Chain Planning Software Inventory Reduction Inventory Management Software Analytics Software 61

Kinaxis

AUGUST 18, 2014

I watched a TED Talk video by Philip Evans, from Boston Consulting Group and shuddered to think that all our traditional fulfillment and inventory models can be drastically transformed by the “consumer”. Philip Evans shares how today’s consumer is sharing a colossal amount of data to come to a buying decision.

Modeling 263

Modeling Supply Chain Planning Software Supply Chain Strategy Inventory Reduction 263

Enterra Insights

JUNE 24, 2022

Most of us understand that barcodes contain information that help retailers track inventory; however, few of us know much more about them. They are: • Accuracy : “Barcodes eliminate manual entry of product information at receiving, meaning there are far fewer opportunities for error. ” How Barcodes Work.

Supply Chain Design Software 130

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 130

Global Trade Management

DECEMBER 11, 2023

Harnessing the Power of Predictive and Prescriptive Analytics Predictive analytics is the key to foreseeing future events, such as equipment failures or the precise amount of inventory needed based on sales forecasts. Conversely, prescriptive analytics provides actionable insights, guiding businesses in making informed decisions.

Prescriptive Analytics Software 59

Prescriptive Analytics Software Supply Chain Software Analytics Software Predictive Analytics 59

RFgen

JANUARY 21, 2016

Innovative inventory techniques go from abstract to concrete in 2016. Here are a few inventory management practices that could make or break a company in 2016: Omnichannel Branches Out. This affects warehouse management because inventory employees must prep orders pouring in from numerous sales channels.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Resource Reduction 52