The Logistics of Logistics

SEPTEMBER 25, 2023

Verusen utilizes advanced data science and artificial intelligence to harmonize disparate material data across multiple enterprise systems to provide complex supply chains with material truth for supply and inventory planning and procurement intelligence. Paul Noble and Joe Lynch discuss modernizing MRO using AI.

Optimal Sourcing 263

Optimal Sourcing Material Savings Sourcing Strategies Inventory Reduction 263

The Logistics of Logistics

OCTOBER 19, 2022

Marc is the Co-founder and CEO of Fishtail, a Boston based fintech company that empowers freight forwarders to finance the movement and procurement of goods – for small and medium businesses (SMBs) around the world. Marc Held and Joe Lynch discuss the Fishtail story. About Marc Held. About Fishtail. About Fishtail.

Optimal Sourcing 224

Optimal Sourcing Procurement Solutions Logistics Network Optimization Software Boston 224

Supply Chain Shaman

APRIL 29, 2024

Let me start with why I selected a baby with ears for this post. I find that most companies’ understanding of supply chain planning is immature, and that next week, at the Gartner Supply Chain Summit in Orlando, that many will don their Mickey ears to discuss what I consider outdated supply chain planning models. The reason?

Supply Chain Planning Software 394

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Forecasting Software 394

The Logistics of Logistics

OCTOBER 30, 2023

LeanDNA is a cloud-based supply chain execution platform that helps discrete manufacturers digitally transform their procurement operations. Richard Lebovitz and Joe Lynch discuss leading inventory attack teams. Richard is the CEO of LeanDNA , a purpose-built analytics platform for factory inventory optimization. acquired by SAP).

Optimal Sourcing 242

Optimal Sourcing Inventory Reduction Supply Chain Design Software Manufacturing Procurement 242

Enterra Insights

APRIL 16, 2024

” He adds, “If this scenario sounds familiar, you’ve likely fallen victim to the ‘decision abyss’ — the disconnect between engineering and product design, supply chain planning and procurement within organizations that hinders quick, informed decision-making and visibility.” a decision). How big of an impact?

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Analytics Software Optimization Software 130

Supply Chain Shaman

FEBRUARY 28, 2021

Most of the hype is focused on very basic approaches to machine learning. After a dramatic drop at the beginning of the pandemic, Supply Chain Management (SCM) and Enterprise Resource Planning (ERP) software public valuations are near twice the ten-year average. A consolidation wave continued with 299 Mergers and Acquisitions in 2020.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 219

ToolsGroup

SEPTEMBER 20, 2022

AI combines different technologies like neural networks, machine learning, and deep learning to improve the cognitive abilities of hardware and enable machinery to collect, analyze, and utilize data to enhance production workflow. Want to learn more about machine learning capabilities and their applications?

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

Supply Chain Shaman

JUNE 9, 2023

The discussions included the pros and cons of probabilistic versus deterministic optimization, advancements in Artificial Intelligence (AI) and Deep Learning, and improvements in Machine Learning. With the rise of logistics and procurement constraints, an analysis of only manufacturing does not yield a feasible plan.

Optimal Sourcing 314

Optimal Sourcing Supply Chain Planning Software Supply and Demand Supply Chain Design Software 314

Supply Chain Shaman

SEPTEMBER 13, 2023

I know that your primary focus is procurement. However, few measure it, and no technology is available to drive a learning engine to minimize the bullwhip impact. She wrote, “I have been working in the supply chain for 35 years, and we are still trying to solve the “demand” issue. Clear mission.) The reason?

Supply and Demand 389

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 389

Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting.

Supply Chain Design Software 202

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 202

The Logistics of Logistics

DECEMBER 6, 2023

Matt Mckinney and Joe Lynch discuss unlocking logistics profits. Matt is the Co-founder and CEO of Loop , a modern transportation audit & pay company. About Matt McKinney Matt Mckinney is the Co-founder and CEO of Loop, a modern transportation audit & pay company. That is why industry leaders like J.P.

Logistics Network Optimization Software 222

Logistics Network Optimization Software Logistics Analytics Software Gartner 222

Logistics Viewpoints

MAY 19, 2022

Technical innovations can also impact supply chains, which is why many turn to supply chain planning solutions, which are designed to be trade-off machines. Loading and unloading trucks was inefficient, so his frustration led to the commercialization of containers that could be moved on and off trucks easily. The myth of the “perfect plan”.

Optimal Sourcing 228

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 228

RFgen

MAY 13, 2024

Let’s look at lessons you can learn from Unilever’s commitment to partnering with purpose, integrating technology, and business structure, and how it can help transform your supply chain for the future. A dominating force in the consumer goods industry, Unilever operates in over 280 factories and 500 warehouses, delivering to 190 countries.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimal Sourcing 75

Logistics Viewpoints

AUGUST 25, 2021

The three traditional methods are the use of a transportation management system (TMS), transportation execution system (TES), and managed transportation services (MTS). Ultimately it comes down to whether shippers want to manage their freight spend in-house or outsource it. Look to the Cloud. Invest in Last Mile. Improve Real-Time Visibility.

Price Reduction 284

Price Reduction Cost Reduction Strategies Expense Reduction Price Mitigation Strategies 284

The Logistics of Logistics

AUGUST 28, 2023

Her supply chain and traditional G&A consulting background bring a unique perspective to clients who must work across their organizations to drive supply chain initiatives with Procurement, IT, Operations, and the C-suite. Sarah Bertram and Joe Lynch discuss navigating market uncertainty.

Logistics Network Optimization Software 240

Logistics Network Optimization Software Analytics Software Supply Chain Planning Software Supply Chain Network Software 240

Exiger Perspectives

MAY 15, 2024

Article | Key Takeways Gartner Event Encourages a ‘Rethink’ of Global Supply Chains Article | Key Takeways May 15, 2024 The annual Gartner Supply Chain Symposium/Xpo is always a great meeting of minds, and this year’s theme, “Rethink Supply Chain,” is an important one.

Gartner 52

Gartner Resource Reduction Vendor Strategies Cost Reduction Strategies 52

TransAudit

JUNE 27, 2023

The supply chain, an integral part of modern commerce, continues to evolve, learning from the impacts of industry trends and global events over the years. Machine learning, at its core, is a technology that allows systems to learn from experience, improve predictions, recommendations, and decisions over time.

Optimal Sourcing 69

Optimal Sourcing Supply Chain Optimization Modeling Optimization Software 69

Logistics Viewpoints

APRIL 3, 2023

Orders can be cancelled, rush orders come in, factory machines go down, port congestion occurs, and so forth. Machine learning algorithms are combined with business domain expertise to help make intelligent just-in-time decisions that help a supply chain operate smoothly. These crawlers never stop working.

Supply Chain Planning Software 252

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 252

ivalua

SEPTEMBER 25, 2020

A shortage of digitally savvy talent, and a lack of training for technical and soft skills, hinder digital procurement initiatives. Additionally, over half (55%) of UK businesses say that digital skills in procurement are less advanced compared to other departments. Challenges in hiring digital skills in procurement.

Buyer Training 188

Buyer Training Optimal Sourcing Procurement Analytics Software 188

Logistics Viewpoints

JANUARY 17, 2023

Over the past few years, supply chain and procurement pros have faced the challenge of navigating their enterprises through one disruption after another. Despite their best efforts, current events and market dynamics caught up with them, leading to issues managing their suppliers and sourcing the materials needed for their products.

Prescriptive Analytics Software 194

Prescriptive Analytics Software Predictive Analytics Software Supply Chain Software Forecasting Software 194

Logistics Viewpoints

JUNE 1, 2021

Promotion-sensitive demand forecasts at the granular level are then used to adjust inventory targets and drive additional replenishment and procurement decisions. Promotion-sensitive demand forecasts at the granular level are then used to adjust inventory targets and drive additional replenishment and procurement decisions.

Inventory Management Software 185

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

Elementum

FEBRUARY 7, 2024

AI’s adaptability enables systems to not only carry out tasks but also to learn and enhance processes over time. AI’s adaptability enables systems to not only carry out tasks but also to learn and enhance processes over time. Businesses gain agility and can focus human resources on strategic work.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

SYSPRO Smarter ERP

JULY 3, 2023

The area of AI that manufacturers need to explore to drive their factories into the future is machine learning (ML). What is Machine Learning ML is the computing engine behind AI and gives computers the ability to make sense of, and learn, from data to perform specific tasks without manual interference.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Manufacturing Data 98

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2022

On the ground and in person with supply chain industry professionals networking and learning in a safe environment. His experience covers the full Logistics spectrum, from raw material procurement to physical distribution and eventually Customer Service and care, with a strong grounding in Quality and Six Sigma. MORE FROM THIS EDITION.

Supply Chain Software 244

Supply Chain Software Supply Chain Optimization Optimal Sourcing Six Sigma 244

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

TransAudit

JULY 6, 2023

The supply chain, an integral part of modern commerce, continues to evolve, learning from the impacts of industry trends and global events over the years. Machine learning, at its core, is a technology that allows systems to learn from experience, improve predictions, recommendations, and decisions over time.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Modeling Optimization Software 52

Supply Chain Game Changer

FEBRUARY 11, 2021

But few people really understand what it is, how it works and more importantly, why it is so important to Procurement. This paper seeks to answer those questions and specifically address its benefits to the Procurement process by addressing the following checklist: Checklist. What is Artificial Intelligence or Machine Learning.

Procurement 93

Procurement Modeling Software Analytics Software Supply Chain Network Software 93

Logistics Viewpoints

APRIL 1, 2021

In a previous post , I made a case for how the Chief Supply Chain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. Accordingly Supply Chain and Procurement will need continuous collaboration. By aligning supply chain and procurement, spend can be considered more holistically.

Optimal Sourcing 188

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 188

Enterra Insights

FEBRUARY 13, 2019

Most often when people discuss artificial intelligence (AI), they are discussing a subset of that field known as machine learning. Machine learning is providing the needed algorithms, applications, and frameworks to bring greater predictive accuracy and value to enterprises’ data sets and contributing to diverse strategies succeeding.”[1]

Optimal Sourcing 124

Optimal Sourcing Columbus Procurement Analytics Predictive Analytics 124

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

A digital workforce weaves together disconnected automation tools – Robotic Process Automation (RPA), AI, and machine learning – to think, act and analyse the way a human worker would, and work alongside humans. Procurement. RPA as it is also referred to, has the capability to transform supply chain management.

Supply Chain Software 246

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

ivalua

JUNE 16, 2021

These solutions also improve collaboration among organizations and suppliers, and enable procurement teams to leverage data analytics to optimize contract negotiations, payments, buying patterns and more. However, MENA countries face unique obstacles as they seize the opportunity to adopt new procurement technologies.

Optimal Sourcing 130

Optimal Sourcing Negotiating Skills Supply Chain Planning Software Negotiate Pricing 130

GlobalTranz

OCTOBER 6, 2021

OTR freight represents a long-standing aspect of supply chain operations and transportation management. M odern transportation networks and supply chains continuously adapt to market volatility and transitions. M odern transportation networks and supply chains continuously adapt to market volatility and transitions.

Prescriptive Analytics Software 216

Prescriptive Analytics Software Analytics Software Optimal Sourcing Supply Chain Network Software 216

ivalua

APRIL 22, 2021

While companies have capitalized on globalization over the last few decades, the COVID-19 pandemic exposed a number of weaknesses within supply chain and procurement industries. Overall, while relocating may be an investment at first, many procurement leaders agree that the benefits of having a supply chain closer to home are worth it.

Supply Chain Software 130

Supply Chain Software Supply Chain Planning Manufacturing Procurement Supply Chain 130

Enterra Insights

JANUARY 26, 2022

I suspect robotic process automation (RPA) is not a frequently discussed watercooler topic — and, when it is, the discussion probably involves back office, white collar, swivel chair work. The connection between RPA and supply chain functions may not be clear until you realize just how much paperwork is involved in supply chain transactions.

Supply Chain Software 130

Supply Chain Software Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics Software 130

Intelligent Audit

AUGUST 24, 2022

In particular, businesses can rely on machine learning in logistics as a solution to anomalies. What is anomaly detection, and how can machine learning be used in logistics to help with anomalies? In addition, we present seven use cases of machine learning detecting anomalies in shipping activity or spend.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Negotiating Skills Supply Chain Planning Software 52

DELMIA Quintiq

JUNE 5, 2023

I shared perspectives from my research and was joined by two experienced industry leaders who shared lessons learned from working with manufacturers on their digital twin efforts. Perhaps they’ve heard more than they care to, and would rather see more digital twins in practice. So, are they achievable, from a practical perspective?

Modeling Software 156

Modeling Software Predictive Analytics Software Supply Chain Design Software Modeling 156

Logility

OCTOBER 21, 2021

A sustainable supply chain doesn’t just have a positive impact on the world. It’s also good for business and helps to support long-term growth. Building a sustainable supply chain helps create, grow, and protect long-term sustainable value for your business and all stakeholders involved in bringing your products to market.

Optimal Sourcing 209

Optimal Sourcing Sustainability Supply Chain Planning Software Supply Chain Optimization 209