Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. At a high level, what GEON does is purchase plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. It’s the narrative.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 235

ThroughPut

FEBRUARY 2, 2024

This technology sifts through complex data to forecast potential disruptions and market trends, allowing companies to plan ahead instead of reacting in the moment. Clear Demand Forecasting Without Advanced Analytics: It’s hard to predict what customers will want. is advanced supply chain analytics.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

SCMDOJO

FEBRUARY 20, 2023

It involves various activities, such as warehousing, inventory management, transportation, and logistics. This involves understanding customer buying behaviour trends, seasonal variations, production schedules, and more. Logistics KPI Dashboard Excel Template 4.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 101

ThroughPut

FEBRUARY 23, 2024

12 Key Supply Chain AI Use Cases Supply chain AI Use Case 1: Demand Forecasting Market instability is the Achilles heel of demand forecasting right now. And the effect of inaccurate demand forecasting is felt across the supply chain. Just about everyone in the supply chain gets negatively impacted by wrong forecasts.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

SCMDOJO

MARCH 19, 2024

This data can be used to identify areas for improvement and make informed decisions about sourcing, production, and distribution. Logistics Logistics involves managing the transportation and delivery of goods. This includes providing excellent customer service, so businesses can enhance customer satisfaction and loyalty.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Kinaxis

MARCH 3, 2017

by Trevor Miles These were the words that popped out at me during an excellent presentation by Alex Brown of Xilinx during his keynote presentation. Notice that the EOQ equation does not even consider the cost of transportation because it assumes it is a constant regardless of the quantity purchased. Source: [link].

Purchasing Skills 100

Purchasing Skills Forecasting Supply and Demand Optimal Sourcing 100

Supply Chain Shaman

DECEMBER 11, 2018

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. New forms of data abound–weather data, consumer insights, rating/review information, sentiment analysis—but they are not used. Black holes abound.

Supply Chain Planning Software 195

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

Enterra Insights

FEBRUARY 13, 2019

You can use data gathered from user behavior and purchases to predict how they may act in the future or tailor marketing efforts to their likes, dislikes and buying habits.” Demand forecasting. ” Machine learning and the supply chain. They are: 1. Improved performance. ” 3. . Pattern recognition. ” 8.

Optimal Sourcing 124

Optimal Sourcing Columbus Procurement Analytics Predictive Analytics 124

Unleashed

FEBRUARY 8, 2024

A robust inventory tracking system can help you mitigate these risks by providing par-level alerts, more accurate forecasts, and practical contingency plans. Customers want to know product availability, price, and delivery times of the goods they are looking to purchase.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Forecasting Software Demand Planning Software 52

Supply Chain Shaman

APRIL 7, 2016

While traditional supply chain processes evolved from functional excellence definitions for source, make and deliver from the inside-out; to make the digital pivot and become more market-driven, companies need to define new supply chain processes outside-in. Building New Structures Using New Building Blocks. Voice of the Customer.

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

GlobalTranz

FEBRUARY 4, 2019

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. As omnichannel shopping becomes the standard for consumers, the use of freight data will excel.

Supply Chain Planning Software 120

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 120

ShipBob

DECEMBER 13, 2023

This helps in making informed decisions about stock replenishment and management. Lead time Lead time is the time taken from placing an order with a supplier to receiving the inventory or the time taken from when a customer purchases something to when it gets delivered. Lower DSI is often preferred as it implies faster turnover.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Inventory Management Software 52

AIMMS

OCTOBER 22, 2019

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. Our inventory managers work with demand and supply forecasting across our business. Until recently, BT Supply Chain was an internal cost center.

Supply Chain Design Software 240

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

GlobalTranz

JANUARY 7, 2016

Editor's Note: This is a two part series featuring Chuck Intrieri, who along with providing excellent insights over at his industry leading The Lean Supply Chain blog, is also a consultant who works with companies for Cost Reduction, Supply Chain Optimization, Logistics, Manufacturing, and 3PL Selection. It was called, “ The Short List ”.

Manufacturing Procurement 120

Manufacturing Procurement Manufacturing Eliminating Excel in Purchasing Purchasing Skills 120

Unleashed

MAY 19, 2020

and a forecasted market valuation of US$107.85 Planning and forecasting. How many due to transport issues? Sales forecasting, customer service and sales order management. Don’t purchase any supply chain solution that is not Cloud or SaaS based. billion by 2024, according to Business Wire. Customer service.

Supply Chain Planning Software 98

Supply Chain Planning Software Forecasting Software Inventory Management Software Demand Planning Software 98

ShipBob

DECEMBER 20, 2021

Think about your most recent purchase. This sequence of events involves many moving parts, including purchasing, packaging, shipping, and transporting materials to distributors to sell to the end customer. Series B Funding: $42.4M Venture Funding: $25M U.S. Series B Funding: $75.5M Series B Funding: $48.5M

Logistics Network Optimization Software 97

Logistics Network Optimization Software Forecasting Software Supply Chain Planning Software Supply Chain Design Software 97

BlueYonder

MARCH 16, 2023

It’s not just the short-term visibility that is needed, but also purchase order Advance Shipping Notice (ASN)-level visibility, longer-term forecast collaboration with suppliers, as well as collaborative forecast and capacity collaboration with customers, peers and suppliers. Having that end-to-end visibility is key.

Automotive 73

Automotive Real-time Visibility Logistics Network Optimization Software Trends 73

ThroughPut

JULY 28, 2020

As the largest home improvement retailer in the United States, Home Depot is an excellent example of a business powered by an evolving global supply chain. Home Depot’s success story changed the context of using improved transportation management to grow sales, and not just reduce costs. Fickle Customers. Data Demons. VUCA World.

Supply Chain Optimization 98

Supply Chain Optimization Price Mitigation Strategies Network Optimization Optimization Software 98

GlobalTranz

MAY 13, 2015

However, one thing that should come to mind is the prowess of the retail giant’s supply chain excellence. ” The Key’s To Walmart’s Supply Chain Management Excellence over the Year. Walmart uses its mammoth purchasing power to shape suppliers’ behavior which also drives down costs, Gartner said.

Gartner 120

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 120

Supply Chain Opz

NOVEMBER 9, 2014

Macquarie University has conducted research that reveals companies are grappling with the opportunities and risks presented by outsourcing processes overseas, there is a need for better information for decision making, and a stronger foundation is required to understand whether it really pays for companies to be green and socially responsible.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

AIMMS

OCTOBER 22, 2019

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. Our inventory managers work with demand and supply forecasting across our business. Until recently, BT Supply Chain was an internal cost center.

Supply Chain Design Software 156

Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software AIMMS 156

SCMDOJO

APRIL 4, 2023

By harnessing the power of data and analytics, companies can uncover valuable insights into their supply chain processes, pinpoint areas in need of improvement, and make informed decisions that can boost their bottom line. This allows them to identify bottlenecks, optimize processes, and make better-informed decisions.

Prescriptive Analytics Software 110

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 110

Supply Chain Game Changer

SEPTEMBER 15, 2021

As well as carrying transportation and storage costs, unsold inventory is at risk of theft, obsolescence, loss, and (in some cases) decomposition. Improved relationships with suppliers: You can use sophisticated inventory insights to negotiate excellent deals with suppliers and vendors. Source: [link]. Learn the ABC method.

Inventory Management Software 92

Inventory Management Software Manufacturing Procurement Inventory Management Supply Chain Planning Software 92

Unleashed

OCTOBER 6, 2021

To achieve this the customer shares information on sales and product needs with the supplier, who is then able to ensure the correct amount of inventory is supplied. Instead, it sends the order directly to a manufacturer or another type of supplier, who then transports the order directly to the customer.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

ThroughPut

JUNE 4, 2020

Demand forecasting. Accurate demand forecasting is an important element of inventory optimization. Demand and Supply chain forecasting can be done in several ways depending on the kind of products or services involved, the product life cycle, and the industry being catered to. Demand forecasting challenges.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

ThroughPut

JUNE 4, 2020

Demand forecasting. Accurate demand forecasting is an important element of inventory optimization. Demand and Supply chain forecasting can be done in several ways depending on the kind of products or services involved, the product life cycle, and the industry being catered to. Demand forecasting challenges.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

GlobalTranz

FEBRUARY 2, 2015

Editor’s Note: Cerasis is a 3PL focused on transportation management. Distributors will inbound to a manufacturer the inventory needed and transportation management, especially inbound freight management, efficiency is paramount to an effective vendor managed inventory model. No Purchase Orders were used.

Vendor Strategies 120

Vendor Strategies Inventory Reduction Modeling Software Modeling 120

Zipline Logistics

MAY 26, 2020

Purchase Insurance. Purchasing insurance remains the most overt solution to prepping your business for natural disasters. And as added protection, your organization can purchase business interruption coverage, which can cover you for lost sales during a disruption. Relaying information to transportation partners is vital.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Strategy Inventory Reduction Supply Chain Software 52

Unleashed

AUGUST 3, 2021

This increase in pet ownership—along with panic buying—has created a huge surge in demand for pet food. tended to buy their?pet purchase in bulk, hoarding quantities?of Production forecasting is based on historical?data, Shortages in ground transportation equipment?and million UK households?have family members and?companions?as

Manufacturing Procurement 98

Manufacturing Procurement Food Inventory Management Software Manufacturing 98

GlobalTranz

FEBRUARY 5, 2019

Shippers need to understand how the state of the logistics industry will affect operations and why high-quality reporting, including both internal and external reports, is crucial to proper forecasting and planning. The Move to LTL Digital Shipping.

Eliminating Excel in Purchasing 129

Eliminating Excel in Purchasing Procurement Analytics Logistics Network Optimization Software Report 129

SupplyOn

OCTOBER 2, 2018

SBB relies on RailSupply to significantly improve efficiency in purchasing and procurement logistics. The goal of this changeover was to significantly streamline the SBB’s purchasing and procurement logistics. In the initial step, SBB has connected 15 business partners from the Passenger Transportation Division on the supplier side.

Vendor Strategies 40

Vendor Strategies Optimal Sourcing Inventory Reduction Industrial 40

Logility

MAY 2, 2012

As consolidators, they represent multiple, sometimes competing suppliers, placing the manufacturer’s inventory closer to consumption for faster delivery, and some provide a local contact for technical product information, repair and customer service. Focusing on buying inventory when it’s needed. "

Supply Chain Optimization 103

Supply Chain Optimization Optimization Software Supply Chain Planning Software Network Optimization 103

Unleashed

OCTOBER 30, 2023

Ecommerce consumers want fast, accurate deliveries and a transparent purchasing process. Procurement and purchasing Before goods can be sold and delivered to customers, they must be produced, acquired, and prepared for sale. In a manufacturing setting, this step involves the purchasing of raw materials and production equipment.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Procurement Solutions Material Savings 52

Logistics Bureau

NOVEMBER 16, 2020

For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Another option is to work in a warehouse, or in transport, or maybe in customer service where you are dealing with people all the time. Sea Change—A Supply Chain Career is now seen as ‘Cool’.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

Unleashed

OCTOBER 4, 2023

The order fulfilment process covers every step required to get goods to the people who purchase them, from the moment a customer places an order to when they receive their purchase. Shipping and logistics: Selecting the appropriate shipping method, arranging transport, and coordinating with couriers for delivery.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

ThroughPut

JULY 28, 2020

As the largest home improvement retailer in the United States, Home Depot is an excellent example of a business powered by an evolving global supply chain. Home Depot’s success story changed the context of using improved transportation management to grow sales, and not just reduce costs. Fickle Customers. Data Demons. VUCA World.

Supply Chain Optimization 52

Supply Chain Optimization Price Mitigation Strategies Network Optimization Optimization Software 52

ThroughPut

JULY 28, 2020

As the largest home improvement retailer in the United States, Home Depot is an excellent example of a business powered by an evolving global supply chain. Home Depot’s success story changed the context of using improved transportation management to grow sales, and not just reduce costs. Fickle Customers. Data Demons. VUCA World.

Supply Chain Optimization 52

Supply Chain Optimization Price Mitigation Strategies Network Optimization Optimization Software 52