Logistics Viewpoints

DECEMBER 18, 2024

AI-powered warehouse management improves inventory flow and reduces waste. Internet of Things (IoT): IoT devices monitor vehicle performance and energy usage, enabling real-time optimization. Predictive analytics helps logistics companies anticipate disruptions and adapt proactively.

Optimal Sourcing 273

Optimal Sourcing Supply Chain Design Software Material Savings Supply Chain Planning Software 273

GlobalTranz

JULY 15, 2015

recap the Internet of Things, and how together the Internet of Things and Digital Manufacturing will propel us all into the future. recap the Internet of Things, and how together the Internet of Things and Digital Manufacturing will propel us all into the future. Industry 4.0: Revolution.

Internet of things 120

Internet of things Manufacturing Procurement Manufacturing Predictive Analytics Software 120

GlobalTranz

OCTOBER 5, 2015

The list of relevant applications of the Internet of Things (IoT) era technology across multiple industries and market segments continues to grow. 11 Improvements by the Deployment of the Internet of Things in the Supply Chain. Ability for Decision Making in the Internet of Things Supply Chain.

Internet of things 120

Internet of things Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software 120

Supply Chain Shaman

MAY 31, 2014

As I work with teams to envision the new tomorrow, I find fewer people know the basic concepts of manufacturing planning–cycle inventories, freeze duration, slush period, bottlenecks and constraints. Today, using the Internet of Things, companies can sense equipment status and predict failure. I feel lucky that I have.

Supply Chain Planning Software 299

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Supply and Demand 299

GlobalTranz

JULY 14, 2015

The Internet of Things (IoT) seems to be popping up in more conversations throughout the entire supply chain , and more businesses have turned towards IoT experts for guidance on how to take advantage of its benefits. The Internet radically changed how the world communicates. The supply chain will adore the IoT.

Internet of things 120

Internet of things Supply Chain Software Supply Chain Optimization Supply Chain Strategy 120

Kinaxis

AUGUST 18, 2014

I watched a TED Talk video by Philip Evans, from Boston Consulting Group and shuddered to think that all our traditional fulfillment and inventory models can be drastically transformed by the “consumer”. Others consider how this “data” is used, and use the term “Omni-Channel” or “Internet of Things”.

Modeling 263

Modeling Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning 263

GlobalTranz

FEBRUARY 25, 2015

This growing movement of such hyperconnectivity is known as the Hyperconnected Era or often referred to now as “The Internet of Things.” The application of the Internet of Things (IoT) along with cloud-based GPS will make it possible to keep track of individual items and their conditions.

Internet of things 120

Internet of things Manufacturing Procurement Logistics Network Optimization Software Supply Chain Network Software 120

Kinaxis

JUNE 20, 2016

These are all examples of the internet of things. Being a bit of a techie nerd, I’ve been following the Internet of Things (IoT) evolution on the consumer device market for a while, but I honestly haven’t given much thought to how the IoT will impact supply chain. So what is the Internet of things?

Internet of things 188

Internet of things Supply Chain Planning Software Supply Chain Software Supply Chain Planning 188

Logistics Viewpoints

OCTOBER 23, 2024

Internet of Things (IoT) IoT plays a critical role in collecting real-time data from various points in the supply chain. Its decentralized nature reduces the risk of a single point of failure, enhancing data security across the supply chain.

Resource Reduction 298

Resource Reduction Vendor Strategies Inventory Reduction Price Mitigation Strategies 298

Kinaxis

DECEMBER 15, 2014

by Prasad Satyavolu Trevor Miles and I have been having a healthy discussion on the Internet of Things and how these technology changes are shaping the way we work. Part 2: Will the Internet of Things (IoT) Help Eliminate Information Latency and Deficiency in Supply Planning? What are your thoughts on this matter?

Supply Chain Planning Software 244

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Modeling 244

Logistics Viewpoints

FEBRUARY 7, 2025

Companies are acquiring startups and established technology firms specializing in artificial intelligence (AI), Internet of Things (IoT), blockchain, and automation to unlock operational efficiencies and enhance supply chain transparency.

Logistics Network Optimization Software 221

Logistics Network Optimization Software Cost Reduction Strategies Price Reduction Inventory Reduction 221

Enterra Insights

DECEMBER 17, 2024

IoT devices track inventory in real time, providing valuable insights into stock movement, reducing waste, and ensuring products are available when needed.” ” Inventory optimization. This prevents surplus, reduces carrying costs, and minimizes the risk of stockouts, ensuring a balanced inventory.”

Optimal Sourcing 130

Optimal Sourcing Supply Chain Optimization Modeling Optimization Software 130

RFgen

NOVEMBER 27, 2024

Supply chain optimization software tracks items as they move through your supply chain and generate alerts at important points to improves decision-making and enhance visibility across the supply chain by integrating various capabilities like procurement, inventory, and customer relationship management.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Optimization Modeling Inventory Reduction 98

GlobalTranz

MAY 4, 2018

The wrong retail inventory management strategy increases carrying costs and makes it impossible to stay competitive. The Problem: Omnichannel Retail Carries an Extreme Level of Interdependence Between Systems and Processes As explained by Entrepreneurer.com , the fastest-moving products account for only 20% of inventory.

Inventory Management Software 163

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Design Software 163

Supply Chain Shaman

AUGUST 29, 2013

It is rapidly evolving to use the Internet of Things to sense health and wellness at the patient’s home, to manufacture organs and tissue and custom drugs locally on an as-needed basis, and to better connect case records and usage data through inter-enterprise systems of record. The change is not an evolution.

Supply Chain Design Software 262

Supply Chain Design Software Analytics Software Internet of things Modeling Software 262

Supply Chain Shaman

DECEMBER 27, 2022

It combines robotics, analytics, and the Internet of Things (IoT). McKinsey promises improved agility (not defined) with up to a 30% reduction in operational cost and a decrease in inventory of 75%. (I The technology is the easy part, but making a conscious choice on inventory deployment is challenging for companies.

Supply Chain Software 418

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Inventory Reduction 418

GlobalTranz

NOVEMBER 13, 2017

The Internet of Things (IoT) is one part of the equation,” Poulsen explains. It acts as the driver, helping the connected ‘thing,’ which could be a vehicle or inventory system, make smarter decisions.”. The Internet of Things and artificial intelligence are coming to transportation management.

Transportation Management 176

Transportation Management Transportation Internet of things Optimization Software 176

Supply Chain Shaman

JUNE 14, 2014

In Figure 1, I share a composite orbit chart of progress of Cisco Systems, Intel, Samsung and Flextronics on the Effective Frontier at the intersection of inventory turns and operating margin for 2006-2012. I think three things: 1) A Hard-Fought and Tough Journey. What can we learn? This is a group of leaders.

Manufacturing Procurement 345

Manufacturing Procurement Optimal Sourcing Procurement Analytics Modeling 345

Logistics Viewpoints

OCTOBER 22, 2015

By offering IoT-enabled condition monitoring, spare parts, and equipment repair services, equipment OEMs can remotely monitor asset health in their customers’ plants, anticipate failures, order the parts, and often execute repairs before the failure occurs.

Internet of things 100

Internet of things Logistics Network Optimization Software Supply Chain Software Supply Chain 100

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Applying innovation to supply chains, combines innovative technologies like the Internet of Things (IoT), analytics, and robotics to supply chain management to improve performance and meet customer demands. Internet of Things (IoT). As Industry 4.0 Industry 4.0 Looking to the Future of Supply Chains. Supply Chain 4.0

Supply Chain Disruption 246

Supply Chain Disruption Optimal Sourcing Supply Chain Software Agile and Lean Supply Chain 246

Supply Chain Shaman

SEPTEMBER 3, 2018

Over the last six years, we studied the connection between business results (growth, operating margin, inventory turns and Return on Invested Capital (ROIC)) and the link to company characteristics. We like the metrics of growth, on-time and in-full orders, operating margin, inventory turns, and Return on Invested Capital (ROIC).

Supply Chain Planning Software 377

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 377

Supply Chain Shaman

JULY 29, 2013

We have been taught, as supply chain leaders, that over the last decade supply chain processes have improved costs, shortened cycle times, improved customer service and decreased inventory. Based on our recent research, we find that only 1% of process-based companies are making progress on both operating margins and inventory.

Supply Chain Planning Software 350

Supply Chain Planning Software Supply Chain Design Software Modeling Analytics Software 350

RFgen

DECEMBER 4, 2024

In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times. An efficient procurement process optimizes vendor selection and purchasing decisions to maintain cost-effective inventory levels. Let’s break down these key components: Procurement: This is where it all begins.

Sourcing Strategies 96

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 96

Supply Chain Insights

SEPTEMBER 2, 2014

Today, 90% of publicly-traded companies are stuck at the intersection of operating margin and inventory turns. Will wearables, voice, internet of things, and robotics redefine warehouse management to reduce costs to pick goods by 30-40%? It is needed. Will spare-parts store rooms become obsolete?

Supply Chain Design Software 253

Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Design 253

Logistics Viewpoints

NOVEMBER 30, 2023

In today’s interconnected world, the distribution industry has become increasingly complex and reliant on technology to manage inventory, track shipments, and communicate with suppliers and customers. The rise of the Internet of Things (IoT) and other connected devices has created new opportunities for cyberattacks.

Warehousing 321

Warehousing Distribution Cost Reduction Strategies Vendor Strategies 321

RFgen

DECEMBER 19, 2024

By maximizing space utilization, improving inventory control , and boosting workflow efficiency, you can unlock significant cost savings and elevate your customer service game. Essential technology solutions, including Warehouse Management Systems (WMS), Inventory Management Systems (IMS), and the transformative power of IoT and automation.

Optimal Sourcing 97

Optimal Sourcing Optimization Software Waste Reduction Inventory Reduction 97

PINC

JUNE 16, 2020

However, with 66% of logistics budgets spent on moving only 10% of total inventory, the remaining 90% of inventory at rest is not optimized for bottom-line impact and efficiency gains. Gartner has estimated supply chain management software to be a $17 billion addressable market growing at approximately 10% a year.

Supply Chain Planning Software 48

Supply Chain Planning Software Inventory Management Software Optimization Software Supply Chain Network Software 48

Logistics Viewpoints

FEBRUARY 8, 2021

Companies are beginning to explore on-demand manufacturing rather than traditional manufacturing models, meaning they can keep less physical inventory on-hand. Sensors & the Internet of Things. Sensors connected to the Internet provide data that supply chain applications can use. For example, lead times are critical.

Supply Chain Planning Software 321

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 321

Supply Chain Shaman

JUNE 16, 2014

Despite two decades of advancement in supply chain technologies, companies are struggling to gain balance at the intersection of operating margin, inventory turns and case fulfillment. Instead, I would look at network flows, the form and function of inventory, cost-to-serve analysis, and the determination of the supplier network.

Supply Chain Design Software 319

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Network Software 319

ToolsGroup

JULY 25, 2017

It is the second in a series on how companies can build foundational service parts planning technology to prepare for the Internet of Things (IoT). There is very little tolerance for inventory back-orders since non-performing equipment results in downtime costs that can far outweigh the cost of the replacement part.

Supply Chain Planning Software 198

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 198

Supply Chain Shaman

DECEMBER 30, 2021

Few planning systems update delivery based on actual dwell times; and despite the abundance of Internet of Things (IOT) data, there is no place to put streaming data signals into traditional planning systems. Get Good at Inventory Management. Be smart in the management of intransit inventory. Be A Good Shipper.

Supply Chain Design Software 467

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 467

PINC

JANUARY 5, 2021

About PINC : PINC provides scalable software, hardware, and services that enable companies to identify, locate, and orchestrate inventory throughout the supply chain predictably and cost-effectively.

North America 49

North America Supply Chain Network Software Analytics Software Predictive Analytics Software 49

The Logistics & Supply Chain Management Society

APRIL 26, 2022

As the availability of data continues to increase exponentially, adoption of technologies such as Artificial Intelligence (AI), the Internet of Things (IoT), blockchain and 5G makes it easier to gather real time data. Digitisation for Optimised Capacity and Inventory Buffers. Digital Supply Chain to Drive Resilience.

Analytics Software 246

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

Kinaxis

MARCH 27, 2018

Transitioning from hype to reality, artificial intelligence (AI) is gaining momentum across industries thanks to an explosion in computing power and storage, the emergence of IoT (Internet of Things) and big data, and algorithmic advances. Deep learning.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Optimization 261

DELMIA Quintiq

JUNE 21, 2021

The Warehouse of the Future is likely to become the norm in the coming years and will be driven by technologies such as: IIoT and real-time data Internet of Things (IoT), is an ecosystem of sensors (e.g., This helps in optimizing inventory management as well as in making the warehouse safer while increasing visibility.

Inventory Management Software 156

Inventory Management Software Optimization Software Supply Chain Planning Software Analytics Software 156

Supply Chain Shaman

JULY 18, 2017

As shown in Figure 1, the company has been unable to maintain balance on the portfolio of cost and inventory. Note that recent inventory progress is slipping against the improvements during the recession). For example with the Internet of Things, when we sense at the edge, client/server technologies quickly become obsolete.

Supply Chain Planning Software 236

Supply Chain Planning Software Chemicals Supply Chain Design Software Sourcing Strategies 236

SYSPRO Smarter ERP

FEBRUARY 2, 2022

Manufacturers have incurred significant financial losses due to supply chain disruptions and the subsequent inventory management challenges. Companies struggling to manage their supply chains often lack data for decision making, have siloed systems and inefficient inventory management practices. Effective data management.

Manufacturing Procurement 105

Manufacturing Procurement Inventory Management Software Inventory Management Inventory Reduction 105