Logistics Viewpoints

JULY 22, 2021

As product flows rapidly shifted and hard baked assumptions about lead times and sourcing locations were put to test, users across many organizations bypassed their planning systems and turned to excel sheets, internal data science teams or non-traditional supply chain vendors who could deliver AI based solutions at a faster turn.

S&OP 244

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 244

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

Pre-Procurement Before commencing on a Procurement Exercise, it’s important to collaborate with internal stakeholders, including procurement teams, logistics departments, and related teams, to ensure alignment on objectives, requirements, and budgets. Obtain the necessary signatures to finalize the contract.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

Logistics Viewpoints

SEPTEMBER 28, 2021

There is now a robust and growing market for real time transportation visibility solutions, which help shippers, carriers and the entire ecosystem run more cost-effective and efficient logistics operations. Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility.

Rail Software 188

Rail Software Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 188

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

Intelligent Audit

OCTOBER 27, 2022

Shippers can get a handle on their expenses by tracking freight invoices and improving their logistics strategy. . Far from a buzzword, big data analytics in logistics and supply chain management are helping companies gain insight into their current performance while optimizing future operations. Examples of Big Data in Logistics Uses.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

Logistics Viewpoints

OCTOBER 21, 2021

The rapid shifts to eCommerce during the pandemic caused retailers and brand owners alike to flex their network nodes (where goods are made and inventories are stocked) significantly. However, with the new generation technologies, it now is practical to keep the data feeds fresh to make the modeling exercises a continuous, ongoing discipline.

Supply Chain Design Software 190

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Modeling 190

Supply Chain Matters

AUGUST 15, 2022

According to published reports from both Bloomberg and The Wall Street Journal , the company will now source its hardware customer fulfillment needs to third-party logistics providers in an effort to reduce product delivery costs by up to half. Inventory Glut of Bicycles. over the coming months. Reader Takeaways.

Inventory Reduction 52

Inventory Reduction Customer Service Price Reduction Cost Reduction Strategies 52

ThroughPut

APRIL 17, 2024

We all know how artificial intelligence-powered tools and platforms are already helping in reducing costs, optimizing inventories, streamlining operations and are continuing to contribute in multiple ways to make supply chains fail-safe and more accurate. The Future of AI in Logistics – Hopeful or…?

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Optimal Sourcing 52

Logistics Viewpoints

MAY 22, 2023

A company can choose to maintain a high level of costly inventory to ensure short lead times, and a family can decide to live farther away from work and school but buy a bigger house. Moreover, this exercise might need to be repeated several times depending on how the war proceeds. But optimization is much more than that!

Supply Chain Design Software 179

Supply Chain Design Software Supply Chain Design Supply Chain Software Modeling Software 179

Supply Chain Matters

JULY 15, 2022

The company will henceforth outsource the manufacturing of its stationary exercise bikes and treadmills to a Taiwan based contract manufacturer. Industry supply chains experienced unprecedented and sudden changes in pandemic related product demand coupled with nonstop production, transportation and logistics delays.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

Talking Logistics

DECEMBER 16, 2015

Google did not acquire a third-party logistics (3PL) company or a logistics software vendor. And more companies are treating Supply Chain Design as a continuous business process instead of a standalone project or a once-a-year exercise (see Supply Chain Design: Growing Scope, Community, and Collaboration ).

Predictive Analytics Software 120

Predictive Analytics Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 120

SCMDOJO

MARCH 25, 2024

Gain a Solid Educational Foundation A solid educational background in supply chain management or a related field such as business, logistics, or operations management is crucial. Get Familiar with WMS : Explore warehouse management systems to understand how they enhance inventory tracking and improve order fulfillment.

Negotiating Skills 90

Negotiating Skills Supply Chain Software Supply Chain Network Software Analytics Software 90

Logistics Viewpoints

SEPTEMBER 7, 2022

Mr. Nelson points out that it is possible for a sourcing problem deep in a supply chain to halt production for BD. But the further up the supply chain BD went, the less incentive suppliers had to participate in these exercises. If there is only one supplier in the world providing a critical component, “do I need to dual source?

Supply Chain Visibility 206

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 206

Supply Chain Matters

FEBRUARY 23, 2023

Background Global wide transportation and logistics costs increased at unprecedented rates during 2021 and 2022. Our specific prediction was that manufacturers and retailers will exercise considerable pressure on carriers for re-negotiating existing transportation and logistics contracts. percent decline in global trade.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Price Reduction Cost Reduction Strategies 52

SCMDOJO

AUGUST 21, 2023

With 15,900 followers, he has carved a niche for himself by using fitness-related analogies and exercises to explain complex supply chain concepts. Through their insightful approach in simplifying intricate logistics concepts, businesses gain heightened clarity in comprehending and implementing optimal supply chain strategies.

Negotiating Skills 98

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 98

Logistics Viewpoints

MAY 25, 2023

The first use case is MIT professor Yossi Sheffi’s idea for using generative AI to monitor all possible sources of risk for a given supplier to mitigate any disruptions. The post The Promise and Peril of Generative AI for Supply Chains appeared first on Logistics Viewpoints. And these are all capabilities very human in nature.

Supply Chain Planning Software 234

Supply Chain Planning Software Supply Chain Software Negotiating Skills Predictive Analytics Software 234

Unleashed

DECEMBER 8, 2019

Coffee retailers Campos Coffee source their beans from Kenya to Columbia to Brazil. Find out how they manage their complex supply chain with the help of inventory management software. The harvesting process is a very labour intensive exercise. Growing and harvesting. Transporting.

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 95

Supply Chain Game Changer

MARCH 16, 2021

We were a global Supply Chain, Logistics and Distribution company. I/T was going to be a source of competitive differentiation. Because we had visibility as to demand, and inventory, at a consumer level, we could completely circumvent and simplify the entire distribution channel network. Supply Chain Innovation from I/T.

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Waste Reduction 100

Enterra Insights

MARCH 18, 2021

In 2020,” Katsov explains, “managers of supply chains and inventories had to work through numerous shocks related to lockdowns, reopenings, shifts in consumer behavior and economic downturns. These developments have elevated the role of omnichannel inventory management and introduced additional challenges and complexities.”

Prescriptive Analytics Software 130

Prescriptive Analytics Software Supply Chain Software Analytics Software Predictive Analytics Software 130

SCMDOJO

SEPTEMBER 18, 2023

Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference. Sourcing plays a crucial role in building strong supplier relationships and achieving cost-effectiveness in the supply chain.

Negotiating Skills 101

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 101

Logistics Bureau

APRIL 3, 2023

To date, most of our content has covered topics related either to logistics or manufacturing outsourcing. Meanwhile, outsourced logistics can help reduce your overhead costs by reducing the need for your company to own facilities and equipment, which can be expensive to maintain.

Optimal Sourcing 72

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 72

Enterra Insights

APRIL 21, 2021

Deliveries can be made on-time and logistical costs can be cut. ” Cognitive computing systems generally have the capability to integrate data from disparate sources; thus, eliminating the silo problem that plagues so many organizations. They include: Inventory Optimization. ” Adaptive Pricing. .”

Analytics Software 130

Analytics Software Big Data Predictive Analytics Price Reduction 130

ThroughPut

JULY 7, 2023

With different demand patterns, lead times and sourcing requirements for each product, effectively managing the end-to-end supply chain without running into stockouts and pile-ups is a unique challenge in itself. This further impacts inventory buffers and free cash flow.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Supply Chain Optimization Expense Reduction 52

Enterra Insights

JULY 9, 2019

this season, an above-average year is anticipated for East Asia that could affect production of consumer electronics sourced from China and Taiwan and more advanced technology products from Japan and nearby regions.”[1] While Resilience360 predicts a slightly below average number of hurricanes will affect the U.S.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Pharmaceutical 100

Precoro

OCTOBER 24, 2022

Procurement is a complex and dynamic process involving strategic planning and several stages of execution, from sourcing to paying and reporting. Logistical activities like creating PRs and POs or issuing and matching receipts and invoices are at the core of procurement. Inventory Control. Strategic Sourcing.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Analytics Software Sourcing Strategies 98

Talking Logistics

JUNE 29, 2017

The first one arrived a few years ago when a growing number of companies started treating supply chain design as a continuous business process instead of a standalone project or a once-a-year exercise. Source: LLamasoft. The slide below provides an overview of SupplyChainPlanning.com: Source: LLamasoft.

Supply Chain Design Software 60

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Planning 60

Logistics Viewpoints

AUGUST 9, 2022

For months, retailers have been stockpiling massive amounts of goods to meet surging consumer demand, and compensate for ongoing supply and logistics issues. Inventory management is challenging enough in normal times. So, what is it going to take to enable better inventory management? Complete visibility into inventory.

Inventory Management Software 224

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 224

Enterra Insights

APRIL 4, 2018

Globalism has been a boon to the supply chain by expanding sourcing, opening new markets, accelerating growth and highlighting opportunities to save money. to a more resilient ‘trade-game-theory’ and ‘scenario planning’ exercise to prepare for increasingly prominent political risks.”

Risk Management 100

Risk Management Supply Chain Design Software Supply Chain Planning Software Analytics Software 100

Supply Chain Matters

JANUARY 17, 2023

In Part Two of this blog series , we provided highlights our third prediction, that supply chain management teams will continue to exercise more direct control of direct materials sourcing, and these efforts will be a prominent element of business strategy for CSCO ’s and CPO ’s this year. Prediction Background.

Predictive Analytics Software 52

Predictive Analytics Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 52

Logistics Bureau

MARCH 30, 2020

Until the Coronavirus began wreaking its havoc, global companies could run their supply chains on the assumption that disruptions would be rare and short-lived, and that products should be sourced, produced, and distributed at the cheapest locations to be found, wherever in the world that may be. 3) Shorten Your Supply Chain—Source Locally.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Agile and Lean Supply Chain 52

Supply Chain Matters

JANUARY 11, 2023

Built-in support for real-time access to needed data related to facility, transportation, logistics, lead-time or other data that can reduce the overall effort required in building interactive supply chain models. Users remained mostly operations research or specialty consulting firms, and the use cases remained singular event driven.

Network Design Software 52

Network Design Software Logility Procurement Solutions Supply Chain Design Software 52

Logility

AUGUST 25, 2021

Logility and Demand Management, each announced their recognition as a 2021 Inbound Logistics Top 100 Logistics IT Providers. delivers affordable, easy-to-use supply chain planning solutions designed to increase forecast accuracy, improve customer service and reduce inventory to maximize profits and lower costs.

Supply Chain Planning Software 130

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

BlueYonder

JANUARY 3, 2023

We have to consider the logistics carriers and the networks, brokers and internal distribution. Sieber’s team at Colgate-Palmolive takes a proactive approach to planning, regularly running exercises to prepare for many different scenarios as disruptions emerge. “On As a result, we’ve seen a 10% increase in service metrics.”.

Supply Chain Planning Software 93

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Supply Chain Software 93

Zipline Logistics

SEPTEMBER 15, 2020

However, they are not only an inconvenience to consumers but also a substantial source of lost revenue for both retailers and vendors. According to IHS Markit, the combined inventories of wholesalers and retailers rose 0.5% For brands delivering to the big box store or others like it, consistent logistics misfires are not an option.

Cost Reduction Strategies 52

Cost Reduction Strategies Optimal Sourcing Buyer Training Vendor Strategies 52

Vinculum

APRIL 15, 2020

It can be beneficial for organizations to stay in touch with all of their suppliers and create joint agreements to check inventory levels and lead times. In such cases, organizations can gather information from a variety of sources like shipment impacts, export levels across regions, and facility exposure by industry and parts groups.

Supply Chain Planning Software 52

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

Unleashed

MAY 10, 2020

We’ll take a closer look at: Pull inventory systems. Pull inventory systems. A pull inventory system is a Lean approach to reducing waste in any production process. Just-in-time (JIT) is a lean management strategy that minimises the inventory held in order to reduce costs and increase efficiency. What is JIT?

Agile and Lean Supply Chain 72

Agile and Lean Supply Chain Waste Reduction Supply Chain Planning Software Supply Chain Design Software 72

Logistics Bureau

JANUARY 7, 2020

Pioneered the use of vendor-managed inventory. Implemented cross-docking in its supply network to enable inventory reductions. If your supply chain network design has not been under the microscope, and you care about business success, it’s probably time to consider the benefits of a design review and optimisation exercise.

Inventory Reduction 101

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