Logistics Viewpoints

MAY 11, 2023

The concept of digital twins has emerged as a powerful foundational tool to drive improvements in warehouse productivity and efficiency. In the warehouse context, a digital twin can be created to represent the physical layout, inventory, equipment, and workflows of a warehouse. Physical change (i.e.,

Modeling 241

Modeling Analytics Software Supply Chain Design Software Optimization Software 241

Supply Chain Shaman

DECEMBER 7, 2023

Here I share some insights from my research. Expand the “FLOW” program for logistics information sharing to forecast transportation flow. If businesses cannot accurately forecast revenue, the organization is not resilient. I am currently doing research on inventory management. The result was restatement.

Supply Chain Design Software 345

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 345

ShipBob

JULY 9, 2021

And since an ecommerce supply chain consists of several moving parts, how does an online brand go about supply chain forecasting, so they can make better predictions and decisions? There are several supply chain forecasting methods that businesses of all sizes can use that doesn’t involve hiring a psychic. Download the Guide.

Forecasting 98

Forecasting Forecasting Software Supply Chain Planning Software Supply Chain Software 98

20Cube Logistics

NOVEMBER 19, 2020

With technology evolving, the logistics companies are looking ahead with automation and digitalisation with forecasting tools as it has the capability to boost operational efficiency, improve warehouse performance and adequately manage the predictive analysis. What are the popular methods of supply chain forecasting?

Forecasting 52

Forecasting Forecasting Software Supply Chain Planning Software Logistics Network Optimization Software 52

Supply Chain Game Changer

OCTOBER 5, 2022

Featuring Our 10 Best Warehouse Order Fulfillment Articles! There is nothing new about warehousing. Whilst a modern warehouse clearly does a lot more than stockpiling food, the principle remains, including the warehouse role in fulfilment. Warehousing – the basics. Warehousing – the basics. Subscribe Here!

Warehousing 95

Warehousing Sourcing Strategies Supply Chain Design Software Supply Chain Software 95

ThroughPut

OCTOBER 7, 2022

Step Up Demand Planning Efforts with a Robust Forecasting Model . Demand forecasting can be a game changer in today’s volatile environment. Infact, according to McKinsey , applying AI-driven demand forecasting to supply chain management can cut down errors by 20-50% and this helps reduce lost sales by 65%.

Forecasting 52

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The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

IDC expects spending on Digital Transformation (DX) on the top 5 use cases – smart warehousing, freight management, optimized operations, supplier network management, and predictive network inventory orchestration – to hit USD $33Bn in 2022. He is responsible for setting the direction of the research and managing the delivery teams.

Predictive Analytics Software 246

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

Logistics Viewpoints

JANUARY 11, 2023

Top 20 Warehouse Automation Suppliers Worldwide ; Clint Reiser. ARC Advisory Group began conducting formalized research on the global warehouse automation market in 2014. billion globally, and I forecast it to grow to $9.9 Time slot management helps to organize warehouse resources to prepare for an incoming truck.

Logistics Network Optimization Software 220

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 220

Logility

JUNE 5, 2024

Yet, recent research suggests a more advanced approach, Multi-Echelon Inventory Optimization (MEIO), surpasses traditional methods. Powered by prescriptive analytics, it calculates time-phased safety stock targets driven by future forecasts, enabling companies to satisfy customer needs at the lowest total supply chain cost.

Optimal Sourcing 164

Optimal Sourcing Inventory Reduction Inventory Management Software Modeling 164

Supply Chain Shaman

JUNE 30, 2023

To accomplish this goal, analyze forecastability (analysis of Coefficient of Variation (COV)), Forecast Value Added analysis (FVA), fill rate, and product flows. However, order fulfillment is not measured, and he is stonewalling the implementation of warehouse management. Don’t fight the fire, use data to drive alignment.

Supply Chain Planning Software 353

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Unleashed

AUGUST 23, 2023

Warehouse management is the vital link between receiving goods from suppliers and delivering orders to your customers. In warehouse management, warehouse logistics ensures these processes are optimised to cut costs and boost efficiency. In this warehouse logistics guide: What is warehouse logistics?

Warehousing 52

Warehousing Logistics Network Optimization Software Supply Chain Design Software Inventory Management Software 52

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

Demand Sensing for Accurate Planning and Forecasting. A McKinsey’s report published in 2022 indicates that 32 per cent of people from industries like automotive, consumer goods, and pharmaceutical find demand variability and forecasting responsible for value chain disruptions. Technology and automation are major enablers towards this.

Supply Chain Software 130

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

Vinculum

MARCH 18, 2021

The Digi-Smart manufacturing process empowers enterprises to gain control of their warehouses and ensures that products can be delivered to customers as quickly as possible. This wave of change has made warehouses smarter and more agile. Some experts say that within five years high-performance warehouses will be fully autonomous.

Warehousing 52

Warehousing Optimal Sourcing Sourcing Strategies Inventory Reduction 52

GlobalTranz

JUNE 1, 2018

Warehouse managers face constant pressure to move more products, reduce damage, improve order cycle times, boost employee morale, and more. Legacy systems traditionally used for warehouse management are inefficient in the modern era; even systems in the 5- to 10-year age range. Fewer instances of employee theft.

Supply Chain Design Software 184

Supply Chain Design Software Supply Chain Planning Software Optimization Software Forecasting Software 184

Logility

OCTOBER 22, 2020

Among other aspects of a modern-day business, forecasting has become more complex, with many firms striving to incorporate product, pricing, discounts, channel, and other available data to improve accuracy. Machine learning forecasting is very fast, allowing a company to generate hundreds of thousands of SKU-level forecasts in minutes.

Supply Chain Planning Software 182

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimal Sourcing 182

Logistics Viewpoints

JUNE 21, 2023

The factors impacting broader supply chains extend all the way down to the warehouse floor. In fact, pressures are very similar with warehouse labor cost inflation, labor shortages, and inventory shortages at the top of the “concerns” list. The comments that respondents made in our survey provided valuable insight into their logic.

Supply Chain Planning Software 238

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain 238

Logistics Viewpoints

JUNE 16, 2022

The same-day delivery market is forecast to double over the next three years. According to a survey by Gatepoint Research, 40% of retailers are focusing on this as one of their 2022 priorities. The distributed network of the future is a mix of warehouses, micro-fulfilment sites, dark stores, and the extended use of the store footprint.

Forecasting 283

Forecasting Inventory Reduction Retail Survey 283

ToolsGroup

MARCH 17, 2020

Gartner research shows that companies that continued to increase earnings while others declined in 2009 and 2010 were those that were able to keep their foot on the gas through the downturn because they had planned responses in advance. Use demand modeling to fine-tune demand forecasts.

Supply Chain Planning Software 215

Supply Chain Planning Software Modeling Scenario Planning Supply Chain Planning 215

Logistics Viewpoints

OCTOBER 19, 2023

Multiple calls only muddied the waters, but a few things became clear: inventory was in the warehouse, but my order for it was stuck. The order management system wasn’t effectively connected to the warehouse management system showing tables available or the transportation management system showing the carrier had returned my first table.

Supply Chain Planning Software 229

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 229

6 River Systems

NOVEMBER 11, 2019

Warehouse automation stats show that automation is making a big impact on warehouses and distribution centers. As technology awareness grows, more warehouses and DCs turn to automation to adapt to the changing landscape. The number of private warehouses is growing. Warehouses are increasing in size, as well.

Warehousing 91

Warehousing Supply Chain Software Supply Chain Planning Software Optimization Software 91

ThroughPut

APRIL 6, 2020

Research shows that 79% of organizations with high-performing supply chains achieve greater revenue growth compared to the industry average. The next step is demand management which is the process of forecasting or predicting the future demand to ensure goods and services can be accurately delivered based on the needs.

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Supply Chain Planning Scenario Planning 52

ThroughPut

APRIL 6, 2020

Research shows that 79% of organizations with high-performing supply chains achieve greater revenue growth compared to the industry average. The next step is demand management which is the process of forecasting or predicting the future demand to ensure goods and services can be accurately delivered based on the needs.

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Supply Chain Planning Scenario Planning 52

SCMDOJO

MAY 30, 2024

From the warehouse manager to the transportation coordinator, each role in the logistics department contributes to the smooth flow of deliveries. Inventory management also includes forecasting demand, coordinating with suppliers, and optimizing storage space to minimize costs and prevent stockouts or overstocking.

Optimal Sourcing 71

Optimal Sourcing Pricing Training Logistics Network Optimization Software Inventory Reduction 71

Logistics Viewpoints

SEPTEMBER 30, 2020

ARC Advisory Group’s 2020 update to its global warehouse automation market shows Dematic, Knapp, and SSI Schaefer as the 2019 market share leaders. Accelerating warehouse automation demand from e-commerce growth is propelling market growth.

Warehousing 313

Warehousing Forecasting Research Retail 313

Stord

MARCH 31, 2019

The Dutch retailer Koninklijke Ahold Delhaize that owns Food Lion, Stop & Shop, Giant Food, and Giant/Martin (among others) is adopting a new forecasting tool built by Relex Solutions. Over 4 million robots will be used in 50,000 warehouses by 2025 , according to one report. brands over the next three years. Thoughts or comments?

Warehousing 60

Warehousing South Korea Predictive Analytics Software Forecasting Software 60

MIT Supply Chain

NOVEMBER 24, 2020

Nowhere are these changes more evident than in warehousing. The warehouse, a mainstay of supply chains, is getting a makeover as retailers move closer to customers so they can fulfill buyers’ unquenchable thirst for instant gratification. Adapting existing stores to function as warehouses is another example.

Warehousing 52

Warehousing Supply Chain Design Software Supply Chain Planning Software Modeling Software 52

AB&R

MAY 27, 2021

Roughly 60% of businesses are planning to invest more in supply chain digitalization, Capgemini Research Institute reports [1]. More companies are moving toward an automated warehouse , adopting technology like RFID and other tracking hardware [1]. Use data in forecasting and planning . Next Steps. HAVE QUESTIONS?

Supply Chain Software 52

Supply Chain Software Sourcing Strategies Warehousing Inventory Reduction 52

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

10% increase in both forecast accuracy and revenue. By implementing Blue Yonder’s Luminate Planning platform, Mahindra leveraged the benefits of key demand forecasting, inventory management, and replenishment planning capabilities. 15% decrease in inventory. 10% increase in service levels. Improved productivity. Expansive capabilities.

Supply Chain Planning Software 179

Supply Chain Planning Software Supply Chain Software Forecasting Software Modeling 179

ToolsGroup

MAY 17, 2016

In a recent research note, analyst James Cooke of Nucleus Research explained the underlying problem. Distribution centers are designed for receiving, warehousing, and shipment. Nucleus says labor costs per unit to pick from the store are typically six times higher than in a warehouse. Here’s why.

Optimization Software 180

Optimization Software Omnichannel Inventory Reduction Supply Chain Optimization 180

The Logistics of Logistics

SEPTEMBER 12, 2020

His primary research stream examines firms’ logistics operations, with an emphasis on studying motor carrier safety, productivity, pricing dynamics, and driver turnover. Jason has been recognized with multiple awards for research and teaching. Michigan State University is a public research university in East Lansing, Michigan.

Supply Chain Design Software 130

Supply Chain Design Software Negotiate Pricing Negotiating Skills Supply Chain Design 130

Vinculum

FEBRUARY 25, 2020

Warehouse Management System Overview. And, that is, the significance of warehouse management. Unlike conventional warehouse management practices, modern retailers rely more on on-premise or SaaS Warehouse Management Systems (WMSs). Significance of Warehouse Management Systems for the Retail Industry.

Inventory Management Software 52

Inventory Management Software Warehousing Supply Chain Planning Software Forecasting Software 52

ToolsGroup

FEBRUARY 7, 2021

In episode six of Be Ready for Anything, ToolsGroup’s Pre-Sales Manager for Europe, Birger Klinke, talks about what retailers should expect in 2021 and how they can leverage probabilistic forecasting and automation to adjust to a changing marketplace. Check out the video below. Or listen and follow on Spotify. Transcript.

Predictive Analytics Software 295

Predictive Analytics Software Retail Modeling Forecasting 295

Supply Chain Matters

MAY 24, 2022

Supply Chain Matters highlights that companies that sublease excess warehouse or office space is a normal occurrence in business settings, but when Amazon moves in that direction, it can send a shock wave to the industrial real estate ecosystem. © Copyright 2022, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

Supply Chain Planning Software 52

Supply Chain Planning Software Real Estate Warehousing Supply Chain Planning 52

Logistics Viewpoints

JANUARY 12, 2024

When it comes to inflation forecasting , pretty everyone had it wrong. New research suggests that a misunderstanding of what was happening with global supply chains might be part of why. The other significant trend this year has been the continued loss of jobs in the warehouse sector.

Logistics Network Optimization Software 261

Logistics Network Optimization Software Price Reduction Inventory Reduction Resource Reduction 261

Saleswarp

AUGUST 2, 2023

Inventory forecasting, also known as demand forecasting, is the process of estimating future demand for products or services to determine the appropriate inventory levels to meet customer demand. Inventory forecasting is crucial for effective inventory management. There are multiple ways you can approach inventory forecasting.

Forecasting 52

Forecasting Forecasting Software Inventory Modeling 52

Logistics Viewpoints

DECEMBER 14, 2021

A McKinsey research from July 2020 found that during the pandemic, 75% of shoppers have switched between the brands they frequently shop from.”. I have to forecast my avocado sales, including seasonal patterns and promotional effects. Crowdsourcing of Drivers and Rider Forecasting. Inventory Optimization. Route Optimization.

Supply Chain Planning Software 195

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimization Software 195

Supply Chain Shaman

FEBRUARY 14, 2022

I wrote my first report on Sales and Operations Planning (S&OP) while sitting on the floor in the Atlanta airport in 2005 when I was an AMR Research analyst. Tight coupling of the supply chain forecast to the financial forecast will improve value. Here I argue that we made five fundamental mistakes. Don’t believe me?

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195