ToolsGroup

JULY 26, 2016

Boston Consulting Group talks about how the “endless aisles” of the internet and omni-channel sales increase product assortment. They don’t know how to segregate, forecast or inventory these “extreme error” items. Leverage Inventory More Effectively. Many CPG companies are at a loss on what to work on to improve these forecasts.

Forecasting 120

Forecasting Supply and Demand Optimal Sourcing Inventory Reduction 120

Supply Chain Matters

AUGUST 23, 2022

Last week, Boston based home goods and furniture online platform provider Wayfair announced it will shed nearly 5 percent of its global workforce and upwards of 10 percent of this provider’s corporate level staffing, amounting to upwards of 900 people. This has resulted in increased initiatives to now scale-back operations and trim staffing.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Material Savings Price Reduction 52

Supply Chain Matters

JUNE 15, 2023

According to a published report from New Hampshire’s Manchester Union Leader via Yahoo News , plans for the sixth facility call for the construction of a 102,418 square foot combination office and manufacturing facility within Londonderry, New Hampshire , near the Manchester-Boston Regional Airport.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Sourcing Strategies Manufacturing 52

Talking Logistics

JULY 12, 2017

2 Real-time Network Inventory Control and Planning. Too often we think about inventory in a linear way. We have suppliers that provide the inventory to select warehouses and these warehouses supply customers at the appropriate time and place. Will they share inventory? Can they ramp up inventory when needed?

Supply Chain Planning Software 117

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 117

ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

Logistics Viewpoints

NOVEMBER 30, 2022

I live in the Greater Boston area. This provides me with the valuable convenience of visiting with the innovative warehouse robotics companies in this metropolitan area – a large number of companies I called the Greater Boston Robotics Cluster. In good times, companies add capacity. Jon Schechter.

Warehousing 272

Warehousing Predictive Analytics Software Optimization Software Logistics Network Optimization Software 272

Locus Robotics

FEBRUARY 13, 2023

In addition, robots can operate 24/7, allowing businesses to increase production capacity and decrease order fulfillment times. According to a study by the Boston Consulting Group , robots can increase warehouse picking productivity by up to 55%. In the end, this results in increased customer satisfaction.

Warehousing 105

Warehousing Optimal Sourcing Demand Planning Software Optimization Software 105

The Logistics & Supply Chain Management Society

JULY 20, 2020

Predictive demand can propose prices changes, subject to stock levels and replenishment capacity. This boosts revenues and optimises inventory. This can be applied to inventory management, fleet and order tracking, ID badging. Amazon’s supply chain heavily depends on the outsourcing of its inventory management.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

Kanban Logistics

JULY 14, 2022

The pandemic-related rise of eCommerce, combined with companies holding onto more inventory to guard against supply chain disruptions, has led to a tight real estate market where companies are battling for available space. North Carolina is a business-friendly state that has just been voted the Best State for Business in 2022 by CNBC.

North Carolina 52

North Carolina Warehousing Real Estate Third Party Logistics 52

Zipline Logistics

MAY 25, 2021

A new report from the Food Marketing Institute and Boston Consulting Group highlights the effects increased demand had on organizations in the CPG marketplace. Because of the massive demand influx on capacity and notable shortage of drivers, carriers dramatically increased freight rates and brands paid the price. cost per case.

Procurement Analytics 69

Procurement Analytics Food Report Optimal Sourcing 69

ToolsGroup

JULY 21, 2020

MILAN and BOSTON, July 21, 2020 – ToolsGroup, a global leader in supply chain planning software, and COPAN Group, the world leader in the production of pre-analytics and bacteriology swabs, viral transport media, and systems for molecular biology, announced today a joint initiative to fight the COVID-19 pandemic.

ToolsGroup 31

ToolsGroup Supply Chain Planning Software Supply Chain Software Modeling 31

ToolsGroup

MARCH 10, 2020

BOSTON (March 10, 2020) ToolsGroup, a global leader in supply chain planning software, today announced new demand sensing resources to help companies ready their supply chains for the unparalleled risk that analysts predict for this decade. A hybrid approach for robust forecasting. Demand sensing at TireHub.

Supply and Demand 31

Supply and Demand Modeling Demand Planning Software Supply Chain Planning Software 31

Talking Logistics

FEBRUARY 9, 2016

You can read more on the topic in our recent white paper, Wide Open: How the Panama Canal Expansion Is Redrawing the Logistics Map [DK1] , which was written collaboratively with Boston Consulting Group. In my opinion, there will be more than one way to procure capacity, rates, and services for the 2016-2017 season.

Panama 100

Panama Supply Chain Planning Scenario Planning Price Reduction 100

Logistics Viewpoints

MARCH 19, 2021

In April of 2005, just a month after completing my first half marathon (and vowing I would never run a full marathon in my life), I went to the finish line at the Boston Marathon and saw Team Hoyt for the first time. Team Hoyt became a fixture at the Boston Marathon, completing the race 32 times, while running another 40 marathons as well.

Logistics Network Optimization Software 36

Logistics Network Optimization Software Real Estate Logistics Waste Reduction 36

GlobalTranz

AUGUST 17, 2015

In May, 2014 Raytheon gathered a group of its largest suppliers in Boston, MA to discuss the launch of the company’s Supplier Advisory Council. Because of this, businesses are finding it challenging to forecast demand and therefore they risk escalating inventory costs or stock outs.

Sourcing Strategies 120

Sourcing Strategies Price Reduction Vendor Strategies Cost Reduction Strategies 120

GlobalTranz

JUNE 23, 2015

And, according to a Boston Consulting Group (BCG) study, 54% of companies with above one billion in revenues are now considering reshoring. Obsolete and excess inventory carriage are more preventable. Premium freight capacity improves. Motivations and Stats on the State of Reshoring in 2015. a move known as reshoring.

Cost Reduction Strategies 120

Cost Reduction Strategies Expense Reduction Inventory Reduction Material Savings 120

ToolsGroup

JULY 13, 2023

A significant addition to our Inventory Hub® product, Dynamic Fulfillment leverages advanced optimization logic to determine what to ship, from where, in real-time, to reduce shipping costs, improve margins, and satisfy empowered customers. As an example, let’s say you’re trying to fulfill a pallet order of heavy items in Boston, MA.

Optimal Sourcing 291

Optimal Sourcing ToolsGroup Optimization Software Network Optimization 291

Logistics Viewpoints

MARCH 9, 2023

CPG companies that utilize an autonomous supply chain technology see a reduction in their inventory and cost and an increase in revenue. Currently, she is COO and Head of Customer Success at Solvoyo, a leading supply chain planning and analytics SaaS company based in Boston.

Supply Chain Planning Software 200

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 200

Logistics Viewpoints

FEBRUARY 3, 2023

As a Boston fan, Tom Brady forever changed my sports landscape. The Boston sports landscape shifted after that first Super Bowl and became the city of champions, with 12 total championships (6 by the Patriots, 4 by the Red Sox, and 1 each by the Celtics and Bruins). This time, however, he says it is for good.

Logistics Network Optimization Software 187

Logistics Network Optimization Software Negotiating Skills Purchasing Skills Supply Chain Planning Software 187

New Horizon Supply Chain Blog

FEBRUARY 8, 2024

Procurement planning functionality (essentially the planning of future purchase orders) is typically a subset of broader supply planning applications that plan manufacturing work orders, inventory levels, shipments, as well as purchase orders, to meet demand.

Procurement Solutions 52

Procurement Solutions Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement 52

Logistics Viewpoints

JANUARY 28, 2022

Ortiz was a larger-than-life figure in the Boston sports scene for 14 years, with more memorable moments than anyone other baseball player I can think of. And of course, there was his famous speech following the 2013 Boston Marathon bombing, where he declared “this is our f—— city and nobody is going to dictate our freedom.”

Logistics Network Optimization Software 210

Logistics Network Optimization Software Logistics India Mexico 210

CH Robinson Transportfolio

JANUARY 8, 2016

You can read more on the topic in our recent white paper, Wide Open: How the Panama Canal Expansion Is Redrawing the Logistics Map , which was written collaboratively with Boston Consulting Group. In my opinion, there will be more than one way to procure capacity, rates, and services for the 2016-2017 season. Free Time and Chassis.

Supply Chain Planning 34

Supply Chain Planning Panama Scenario Planning Price Reduction 34

Logility

FEBRUARY 28, 2011

Inventory Optimization (IO) is a loosely used term in the industry. You’ll see it used to describe tactical inventory management, warehouse operations and strategic network assessments as well as used to describe single stage as well as multi-echelon environments. Karin: What is Inventory Optimization?

Modeling 100

Modeling Inventory Reduction Supply Chain Optimization Network Optimization 100

The Logistics of Logistics

NOVEMBER 12, 2021

From inventory counting drones, robotic automation, human exo-skeletons, and virtual reality applications – these were just a few of the many solutions they regularly explored. The Dedicated segment provides customers with committed truckload capacity over contracted periods using equipment either owned or leased by the company.

Sustainability 130

Sustainability Logistics Network Optimization Software Inventory Reduction Supply Chain Software 130

synchrono

DECEMBER 18, 2017

With eKanban implementations, this can be any number of problems including excess materials on hand, slow inventory turns, too much scrap and more. If you’re not using a manual Kanban system, map the current inventory replenishment process.) For example, they were literally logging 7 miles a year to track down inventory!

Inventory Reduction 104

Inventory Reduction Waste Reduction Expense Reduction Vendor Strategies 104

The Logistics & Supply Chain Management Society

JULY 21, 2020

As an offspring of globalisation, supply chains are focused on optimisation – cost reduction, just-in-time deliveries and tight inventory-to-sales ratios. A significant paradigm shift in procurement and inventory control is an emerging area of focus.

Supply Chain Planning Software 233

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Agile and Lean Supply Chain 233

6 River Systems

OCTOBER 30, 2019

It also allows existing employees to spend less time lugging boxes or finding inventory and more time doing the more complex parts of their job that are difficult to automate. Those inventory systems require more attention because of this (a human gig), as do programming and maintenance.

Warehousing 78

Warehousing Supply Chain Software Supply Chain Design Software Supply Chain Planning Software 78

ToolsGroup

MAY 18, 2022

There are Five Symptoms of Outdated Forecasting and Inventory Planning Software: Have you diagnosed your problem– and solution–to improved demand planning? When production halted at Abbott, the largest of the three, the remaining manufacturing company’s capacity plans and resources were not able to cope with such unexpected increased demand.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Planning Software Pricing Training Purchasing Skills 156

Elementum

JUNE 5, 2020

Solving this and other operational issues like VPN capacity, phone connections and getting the teams up to speed on virtual meeting platforms was only their first hurdle. As retail sales spiked dramatically, getting replenishment orders to these distribution centers became quite difficult as receiving capacity was rapidly strained.

Food 78

Food Las Vegas Supply Chain Indianapolis 78

Logistics Viewpoints

NOVEMBER 5, 2021

This is simply another example of how the combination of capacity, manufacturing, and port delays impacts every aspect of our lives. Wholesalers are now scrambling to get products from producers to retailers, which explains why our favorite wine from the early days of the pandemic is no longer available. Supply chain funding in the news.

Logistics Network Optimization Software 173

Logistics Network Optimization Software Los Angeles Long Beach Logistics 173

6 River Systems

JUNE 29, 2020

Importantly, flexible supply chains cut costs and improve cash flow, in part through a 10% to 40% increase in inventory turns. ’ Examples of such bad behavior include sales representatives inflating their forecasts to ensure adequate supply, or operations maintaining extra inventory to account for low forecast accuracy.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

Logistics Viewpoints

FEBRUARY 4, 2022

It’s hard to believe that after so many years, a legend of Boston has officially called it quits. The Bosstones were a classic Boston band that somehow even featured a member that simply known as the Dancing Bosstone. Sam’s Club rolling out inventory accessory for cleaning robots. And now on to this week’s logistics news.

Logistics Network Optimization Software 188

Logistics Network Optimization Software Logistics New Jersey North America 188

6 River Systems

JULY 25, 2019

All of the above (and other down-stream KPIs and processes) are heavily influenced by the accuracy of a demand forecast: if the demand forecast is much more accurate, a company is more likely to have the right product, in the right quantities in inventory and will have less of the products in inventory that is not required.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 96

Logistics Viewpoints

MARCH 17, 2023

Patrick’s Day Boston run, I took my son to his first concert to enjoy the Celtic-punk loudness that is the Dropkick Murphys. Growing flight capacity at CVG helps Amazon keep next-day deliveries on schedule even for coast-to-coast shipments. The top categories are food, beverages, apparel / accessories, and decorations.

Logistics Network Optimization Software 232

Logistics Network Optimization Software Inventory Reduction Waste Reduction Expense Reduction 232

Unleashed

JANUARY 19, 2022

At the other end of the scale, 3D printing is used to produce parts of highly sophisticated robots like the legs of Boston Dynamics’ Atlas humanoid robots. Capacity: 3D printers are limited in their capacity to produce goods, and are currently more suitable for small to medium production lines.

Examples 98

Examples Modeling Software Inventory Management Software Demand Planning Software 98

Talking Logistics

MARCH 3, 2017

Boston startup raises $10M for retail software that predicts inventory needs (Boston Business Journal). The next port crisis is in the works, and it’s being caused not by labor disputes, but by capacity and productivity constraints. Self-Driving-Truck Startups Race to Take On Uber (WSJ – sub.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Planning Software Predictive Analytics Software Eliminating Excel in Purchasing 0

Material Handling & Logistics

AUGUST 14, 2018

The capacity crunch and technology are reshaping ?the Kearney and sponsored by Penske Logistics for CSCMP, vividly depicts a supply chain struggling under the twin demands of constrained capacity and the need for significant technological investment to help service providers and their customers keep up with soaring growth.

Logistics Network Optimization Software 98

Logistics Network Optimization Software Supply Chain Planning Software Demand Planning Software Logistics 98