Logistics Viewpoints

FEBRUARY 15, 2023

I informed our readers that ARC Advisory Group/Logistics Viewpoints is conducting a survey to determine the perceptions, priorities, and strategic initiatives of today’s supply chain and logistics executives. Earlier this month in the post titled What Does 2023 Have In-Store for Global Supply Chains? , More to come!

Supply Chain Planning 198

Supply Chain Planning Optimal Sourcing Supply Chain Optimization Supply Chain 198

Logility

MARCH 21, 2024

During this time, the same AI tools that underwrite new technologies have been key in improving efficiency and optimizing all areas of logistics and supply chain processes including forecasting, supply planning, inventory management, manufacturing, network optimization, and more.

Optimal Sourcing 226

Optimal Sourcing Supply Chain Planning Software Modeling Software Inventory Reduction 226

QAD

AUGUST 29, 2023

The digital supply chain forecasting process is critical for any organization’s success. However, to achieve an accurate and effective digital supply chain forecasting process, it is essential to collaborate with both sales teams and suppliers. Collaboration is key to successful digital supply chain forecasting.

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Software Forecasting Software Forecasting 95

Silvon Software

JULY 22, 2022

Fortunately, applying metrics to multi-source operational information that’s stored and managed in a data hubs greatly minimizes these issues. Supply chain metrics provide the intelligence needed to make better projections and more informed choices in such a market. Our Top 24 Supply Chain KPIs & Metrics.

Metrics 81

Metrics Manufacturing Procurement Supply Chain Planning Software Supply Chain Strategy 81

Silvon Software

MARCH 3, 2023

Having a strong Sales & Operations Planning (S&OP) strategy ensures that your forecasts, raw materials availability and production capacity all match up and that the factory floor can meet its defined deadlines. Delivery metrics can vary in terminologies, measurement methods, and variables from one company to the next.

S&OP 102

S&OP Procurement Analytics Supply and Demand Analytics Software 102

Logistics Viewpoints

DECEMBER 14, 2021

To keep customers like my dad satisfied, RGD and Quick-commerce companies need to invest in new technologies to optimize the supply chain and logistics operations. I have to forecast my avocado sales, including seasonal patterns and promotional effects. Crowdsourcing of Drivers and Rider Forecasting. Route Optimization.

Supply Chain Planning Software 193

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimization Software 193

Unleashed

APRIL 9, 2024

To measure how effective a company is at delivering complete orders on time, you can use the aptly named On Time in Full (OTIF) metric. OTIF meaning On Time in Full (OTIF) is a supply chain management metric that tracks a supplier’s ability to meet delivery promises. Why is OTIF an important supply chain management metric?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Waste Reduction Cost Reduction Strategies 52

Supply Chain Shaman

FEBRUARY 18, 2021

The Emergence of Logistics as Constraint. Advanced planning tools(APS) never considered the issues of logistics. Availability of logistics was always assumed. With the contraction of air capacity and the unprecedented level of imports to the United States from Asia, logistics constraints grew in importance in the pandemic.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 278

Locus Robotics

JANUARY 2, 2024

By Inés Alcántara, Senior Sales Engineer In an era marked by unpredictability and technological advancements, understanding and adapting to the changing demands of logistics is not just an option, but a necessity for success. There are five pivotal solutions and trends that are reshaping the logistics landscape.

Demand Planning Software 52

Demand Planning Software Logistics Network Optimization Software Supply Chain Software Analytics Software 52

Locus Robotics

JANUARY 2, 2024

Home January 02, 2024 5 Ways to Cope with Changing Logistics Demand in 2024 Inés Alcántara , Senior Sales Engineer In an era marked by unpredictability and technological advancements, understanding and adapting to the changing demands of logistics is not just an option, but a necessity for success.

Demand Planning Software 52

Demand Planning Software Logistics Network Optimization Software Supply Chain Software Analytics Software 52

Precoro

NOVEMBER 13, 2023

One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. In this article, we'll explain what PPV is, why it matters, and how tracking this metric can benefit your procurement processes. It can also highlight the future financial risks for the business.

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

Logistics Viewpoints

JULY 19, 2021

If a change is made to what a customer forecast is expected to buy, for example if the customer appears to want to buy 10 percent more of certain products, the linkage to the effects on what factories can produce and how other customers would be affected are clear. Planners come up with data-proven forecasts on what the market may buy.

Supply Chain Planning Software 264

Supply Chain Planning Software Scenario Planning Supply Chain Planning Negotiating Skills 264

Logistics Viewpoints

DECEMBER 15, 2022

Price index and price elasticity are useful metrics on their own, and a combination of these can help determine the right price point to maximize revenue and profit. Since there are often differences in store sizes, a metric representing the size can be added as well for a two-dimensional clustering approach. Asena holds B.S.

Optimal Sourcing 193

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 193

Supply Chain Shaman

FEBRUARY 14, 2022

Notice how the water turns from blue to brown in Figure 3 with the lack of demand translation capabilities within the enterprise for manufacturing and logistics. Tight coupling of the supply chain forecast to the financial forecast will improve value. Drawings from Two Very Different Businesses Portraying the River of Demand.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Talking Logistics

SEPTEMBER 12, 2017

The four key methods here will help you drive more success as you bring the metrics to life on your warehouse floor: 1. Show the “story” of your metrics with quarterly and yearly growth charts; show how far you’ve come as a team over time. As a leader, you need many tools to eliminate this mindset.

Metrics 106

Metrics Supply Chain Planning Software Supply Chain Software Supply Chain Planning 106

Logistics Viewpoints

SEPTEMBER 20, 2022

In this version, there’s no automation around managing promotions, so demand planners need to get involved in adjusting the forecasts for promotions. In parallel, the platform is launched with a smaller planning team and without demand planners reviewing forecasts. Step 4 – Closing the Loop and Getting Real-time Visibility.

Supply Chain Planning Software 194

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Forecasting Software 194

Logistics Viewpoints

FEBRUARY 21, 2022

The key solutions are demand forecasting/inventory optimization, supply planning, and network design. A planner could ask the SCP engine to achieve 95% service, with CO2 emissions under of under a million metric tons at a given factory in the coming month. Here the savings are based on transportation and facility cost savings.

Supply Chain Planning Software 257

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 257

Supply Chain Game Changer

AUGUST 21, 2022

A solid supply chain and logistics strategy is essential for large companies. Using a logistics-oriented strategy helps companies better understand their suppliers, improve customer service, and optimize shipping. Logistics plays a critical role in a company’s supply chain. Another important aspect of logistics is time.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

SCMDOJO

MARCH 19, 2024

These functions include procurement, production planning, inventory management, logistics, and customer service. Logistics Logistics involves managing the transportation and delivery of goods. These roles include supply chain managers, procurement specialists, demand planners, logistics coordinators, and data analysts.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

ThroughPut

MARCH 27, 2024

The Evolution of Retail Supply Chain & Logistics: A Pre-AI Overview In the pre-AI era, the retail sector was markedly different, especially since the traditional supply chain and logistics models were largely driven by manual labor. How is AI Revolutionizing Retail Supply Chains? This has made deliveries faster.

Case Study 52

Case Study Waste Reduction Inventory Reduction Price Reduction 52

SCMDOJO

FEBRUARY 20, 2023

It involves various activities, such as warehousing, inventory management, transportation, and logistics. To stay competitive in this challenging environment, distributors must stay abreast of new trends, advances, and changes in the supply chain and logistics landscape. Logistics KPI Dashboard Excel Template 4.

Inventory Reduction 101

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

Logistics Viewpoints

JUNE 1, 2021

This requires using advanced analytics to analyze historical demand patterns, link the demand peaks to the promotional offers, and adjust future forecasts based on planned promotions. appeared first on Logistics Viewpoints. The post Why Is Promotion Planning Important In Inventory Management?

Inventory Management Software 185

Inventory Management Software Supply Chain Planning Software Inventory Management Optimal Sourcing 185

ModusLink Corporation

SEPTEMBER 7, 2023

They represent distinct facets of the broader logistics and operations landscape. Demand Forecasting and Predictive Analytics: Leveraging advanced demand forecasting and predictive analytics tools empowers large tech companies to anticipate market trends and demand fluctuations accurately.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

They represent distinct facets of the broader logistics and operations landscape. Demand Forecasting and Predictive Analytics: Leveraging advanced demand forecasting and predictive analytics tools empowers large tech companies to anticipate market trends and demand fluctuations accurately.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

They represent distinct facets of the broader logistics and operations landscape. Demand Forecasting and Predictive Analytics: Leveraging advanced demand forecasting and predictive analytics tools empowers large tech companies to anticipate market trends and demand fluctuations accurately.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

Logistics Viewpoints

JUNE 1, 2023

As many retailers will look into sourcing products locally, re-evaluating their supply and logistics networks to optimize their supply chains will be more critical than ever. Returns management involving the implications on inventory and reverse logistics is emerging as an integral part of the end-to-end supply chain planning challenge.

Supply Chain Planning Software 192

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 192

Logistics Viewpoints

FEBRUARY 16, 2021

And the linked nature of supply chains mean that collaboration is necessary to ensure that a solution to a problem doesn’t meet the metrics for one link but negatively impact another. For example, it can be more effective to make a series of forecasts, accounting for a range of outcomes from aggressive to conservative.

Supply Chain Visibility 284

Supply Chain Visibility Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning 284

Logistics Viewpoints

AUGUST 4, 2022

If “the forecast is always wrong,” is improving forecast accuracy even the solution to our demand planning woes? Artificial intelligence and machine learning ( AI/ML ) can improve forecast accuracy, but a bigger problem is the failure to set accurate expectations around forecasting models, not the accuracy of the models themselves.

Supply and Demand 245

Supply and Demand Forecasting Forecasting Software Demand Planning 245

GlobalTranz

NOVEMBER 12, 2015

We continue our series on strategic shipping by going into detail of the 10 main areas that shippers can turn to in order to have a strategic logistics and transportation management mindset. 6 Benefits of Using the Right Data in Logistics & Transportation Management for Continuous Improvement. Generating Accurate Forecasts.

Continuous Improvement 120

Continuous Improvement Data Logistics Network Optimization Software Vendor Strategies 120

Logility

FEBRUARY 23, 2021

Logility is working with a leader in the distribution and logistics space that provides delivery to auto dealers for the dealers’ parts and services business. Logistical Challenges. With 10 distribution centers, each with over 100 routes, and each route with over 15 stops, this posed a significant logistics problem.

Inventory Reduction 134

Inventory Reduction Inventory Logility Logistics Network Optimization Software 134

Elementum

SEPTEMBER 6, 2022

A best practice supply chain management process today looks very different from even a few short years ago–each of the elements of supply chain management must be agile and adaptable to changing environmental, logistical, and sector-specific conditions. Recent global events make forecasting tricky.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Planning 78

Logistics Viewpoints

SEPTEMBER 13, 2022

Thus, organizations must make sure that data are complete, accurate, timely, and consistent as well as capture the required metrics. Otherwise, it provides only a historical view but does not enable firms to forecast future performance or adapt to an evolving regulatory framework. Next, the enterprise can set targets.

Cost Reduction Strategies 211

Cost Reduction Strategies Supply Chain Planning Software GEP Supply Chain Network Software 211

Silvon Software

AUGUST 8, 2022

Logistics disruptions, production delays, an over reliance on 3 rd parties, and labor market shortages are just some of these challenges. Supply chains also have the added complexity of numerous other data sources being generated from extended partners in outsourcing, logistics, and distribution.

Analytics Software 79

Analytics Software Supply Chain Planning Software Predictive Analytics Analytics 79

GlobalTranz

NOVEMBER 8, 2018

How Surface Mode Shippers Can Compete in E-Commerce Logistics. Data Analysis Enhances E-Commerce Forecasts and More Take a moment to consider what goes into managing e-commerce fulfillment. Warehouse Managers and logistics services providers need to have an estimate of the projected demand for all given times. Download Here.

Analysis 151

Analysis Data Forecasting Software Forecasting 151

Elementum

AUGUST 31, 2022

The supply chain management process is comprised of a number of steps, which can usually be organized into five categories: Planning and forecasting Sourcing and procurement Manufacturing Logistics Handling returns As demonstrated by the recent food supply chain issues , a failure in one area can lead to disaster.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Supply Chain Planning 78

The Logistics & Supply Chain Management Society

NOVEMBER 22, 2022

In SIOP, accountability is a huge part of achieving desired outcomes, improving monthly metrics and satisfying the customer needs. Her project delivery experience includes logistics vendor assessments, planning system implementation, and new process adoption. Your Sales Plan is NOT a Forecast! MORE FROM THIS EDITION.

Supply and Demand 246

Supply and Demand Inventory Reduction Supply Chain Planning Software Supply Chain Planning 246

ThroughPut

OCTOBER 14, 2021

To marshal worldwide objectives of scalable and transformative urbanization, cement manufacturers need to look at intelligent supply chain logistics. Conventional mechanics of cement logistics planning no longer apply in a situation that demands exponentially high delivery rates to match its consumption estimates.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Resource Reduction Cost Reduction Strategies 52