Talking Logistics

DECEMBER 16, 2015

Well, my big audacious prediction for 2015 did not come true. Google did not acquire a third-party logistics (3PL) company or a logistics software vendor. But some of my other predictions did hit the mark or came close. Making supply chain and logistics predictions is like throwing darts at a moving target.

Predictive Analytics Software 120

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

ToolsGroup

OCTOBER 3, 2022

The demand for retail workers to fill positions in stores, warehouses, and the manufacturing plants of vertically integrated retailers is not decreasing anytime soon. Moreover, the new policy of purchasing online and picking up in-store adds to the already high-stress environment for in-store employees.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

Unleashed

AUGUST 16, 2023

Goods available to be purchased on backorder can mean the difference between a lost sale and a satisfied customer. Products available on backorder are are out of stock in the supplier’s warehouse but may still be purchased by consumers in advance of future availability. How long do backorders take?

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Manufacturing Procurement Inventory Reduction 52

Logistics Bureau

AUGUST 7, 2023

In this article, we’ll look at some of those challenges and explore potential solutions to help you and your IM team meet the burgeoning demand for fast and accurate order fulfilment. Moreover, the ecommerce explosion has brought new and unique challenges that complicate inventory management for enterprises selling online.

Inventory Management Software 74

Inventory Management Software Inventory Reduction Inventory Management Inventory 74

Enterra Insights

JUNE 1, 2021

Vaibhavi Tamizhkumaran, a Digital Marketing Executive at Indium Software, writes, “The retail industry is constantly changing and will continue to evolve, from concentrating efforts on website growth and online retail to needing faster shipping speeds. Srivastava notes that OOS can result in significant lost revenue.

Supply Chain Design Software 130

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

The Logistics & Supply Chain Management Society

JULY 20, 2020

Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains. But the COVID-19 crisis, has required rapid operational solutions to unforeseen roadblocks. Quick solutions to employee shortages, remote working, and to ensure health and safety across the company need to be deployed.

Agile and Lean Supply Chain 230

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Resilinc

JANUARY 31, 2023

Launched in 2020, CommodityWatch AI uses real-time news and event monitoring and predictive analytics to forecast supply, demand, and pricing trends out to three months for commodities including but not limited: gold, silver, aluminum, copper, caustic soda, cobalt, helium, paper, and tin. What factors will impact commodities in 2023?

Negotiating Skills 62

Negotiating Skills Purchasing Skills Manufacturing Procurement Price Reduction 62

o9 Solutions

JANUARY 25, 2023

This blog explores how policy developments such as the digital product passport (DPP) alongside supply chain software can play a role as enablers. The DPP is a promising policy instrument, but there are still open questions regarding the DPP’s final design and implementation. What is the digital product passport (DPP)?

Supply Chain Planning Software 52

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BlueYonder

FEBRUARY 17, 2022

Focus on warehouse automation has come full circle since the last big automation movement of the ‘90s, but today with a significantly better set of tools and technological improvements enabling more robust digital transformation and warehouse automation. Investments in Transportation solutions is imperative.

Supply Chain Planning Software 72

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Enterra Insights

MAY 13, 2020

Supply-chain upheaval from the pandemic is presenting the tech world with a sudden and unexpected proving ground for automation, digital platforms and other tools that had been low on the priority lists for companies’ logistics operations. In the manufacturing sector, efforts to embrace Industry 4.0 ”[1]. And Industry 4.0

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Supply Chain Software Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain 100

Enterra Insights

JULY 9, 2021

We’re all eager to look ahead, but we can’t escape the changes that are already popping up, whether that’s more flexible work-from-home policies or lingering concerns about health and wellness. . “We’re all tiptoeing back into so-called normal life after an abnormal year. ” Good question. ” Online Grocery Sales.

Procurement Analytics 130

Procurement Analytics Purchasing Skills Price Reduction Food 130

USC Consulting Group

JULY 21, 2020

Yet for business leaders – especially manufacturers and shippers – the words “unpredictability” and “uncertainty” will likely epitomize 2020, as they’re something organizations continue to experience as the country and consumers emerge from the nationwide lockdown amid supply chain disruption.

Supply Chain Disruption 72

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Enterra Insights

OCTOBER 12, 2021

Tech writer Apoorva Bellapu writes, “Reinforcement learning makes use of algorithms that do not rely only on historical data sets, to learn to make a prediction or perform a task. 2] Apoorva Bellapu, “ Reinforcement Learning for a Better Tomorrow ,” Analytics Insight, 24 July 2021. [3] ”[2]. ” Footnotes.

Supply Chain Design Software 200

Supply Chain Design Software Optimization Software Forecasting Software Modeling Software 200

Vanguard Software

MARCH 12, 2021

Inventory replenishment involves purchasing and moving inventory, both finished goods and raw materials, from reserve storage to primary storage and eventually to the selling location. Predicting consumer demand is always a challenge. Inventory Optimization Software. The Importance of Inventory Replenishment.

Modeling 52

Modeling Inventory Reduction Optimization Software Supply Chain Optimization 52

Supply Chain View from the Field

JANUARY 13, 2015

Last year around this time I made a lot of predictions about what 2014 would hold in store…Let’s revisit some of these, and see what has happened (or what hasn’t!) Here are my predictions from 2014, and an update on what I think will happen in these areas. The solution? This is likely to continue.

Negotiating Skills 60

Negotiating Skills Predictive Analytics Predictive Analytics Software Supply Chain Planning Software 60

Logility

DECEMBER 15, 2023

From harvest to hands, the food & beverage (F&B) industry leaves no room for guesswork, especially without supply chain optimization software. Excellence in all these areas requires predicting demand, buying supplies, producing products promptly, and swiftly responding to market demand.

Optimal Sourcing 175

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 175

Enterra Insights

MAY 15, 2020

”[1] He adds, “Dependence on China for their manufacturing has put small and midsize businesses in jeopardy. ” What Chaturvedi doesn’t address is the fact that the increased use of the digital path to purchase comes with a dramatic increase in consumer returns. ”[4]. ”[4].

Reverse Logistics 100

Reverse Logistics Logistics Network Optimization Software Logistics Supply Chain Planning Software 100

Logistics Bureau

APRIL 3, 2023

To date, most of our content has covered topics related either to logistics or manufacturing outsourcing. Meanwhile, countries in Southeast Asia, such as Vietnam and Cambodia, are enjoying growth as offshore manufacturing centres.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

Unleashed

AUGUST 18, 2021

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. Today, reverse logistics can no longer be an afterthought for manufacturers, but is instead an integral part of supply chain planning. What steps make up the reverse logistics process?

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98

ShipBob

SEPTEMBER 20, 2021

The process involves complex steps, from procurement, to shipping products to end users, often resulting in a lack of visibility and high operational costs. End-to-end (E2E) supply chain refers to all supply chain processes, from logistics procurement to the post-sale customer experience. . Procurement & manufacturing.

Optimal Sourcing 52

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KEPLER Consulting

MARCH 23, 2018

The purpose of this article is to share our experience in the use of machine learning to generate quick saving opportunities and homogenize purchased pricing across business units / regions in large groups. For sure, the traditional should cost approach and solutions can help solve these issues. Value proposition.

Negotiating Skills 64

Negotiating Skills Purchasing Skills Negotiate Pricing Material Savings 64

Precoro

JANUARY 16, 2023

Companies typically select supplementary software to help support this process. Spend management allows for efficient sourcing and procurement, regulated expenses, timely registration of spontaneous purchases, and a reduction of fraud and errors. In other words, it happens within the company’s defined procurement cycle.

Procurement Solutions 98

Procurement Solutions Negotiating Skills Purchasing Skills Expense Reduction 98

Elementum

FEBRUARY 7, 2024

It’s a strategic reimagining of business models and processes, powered by cloud computing, big data analytics, and AI, making businesses more adaptive, responsive, and customer-focused than ever before. Integration Tools: Software solutions like no-code development tools unify distinct systems, ensuring they work cohesively.

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

RELEX Solutions

AUGUST 14, 2019

The word stochastic refers to something that cannot be exactly predicted because it contains a component of randomness. The same thinking applies to lead time variation with the solution being safety lead time.). What is Stochastic Planning? Stochastic planning means preparing for a range of potential outcomes in an effective way.

Supply Chain Planning Software 31

Supply Chain Planning Software Supply Chain Planning Modeling Scenario Planning 31

Logility

AUGUST 12, 2021

But there is good news: a convergence of process, data, and technology provides the real-time and predictive visibility needed to optimize supply chain planning, ensuring food manufacturers can build resilience now and for the future. Planning Manufacturing Based on Demand. Preparing for Market-Driven Demand.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Scenario Planning 130

ShipBob

NOVEMBER 15, 2021

When you have a strategy for executing your logistics, you won’t be tempted to panic and settle on a more costly solution for the sake of convenience. A 3PL should also make logistics planning easier with predictable, transparent pricing for every service. Procurement and manufacturing. Logistical Process. Planning tips.

Supply Chain Planning Software 98

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Unleashed

SEPTEMBER 28, 2023

Dead stock: 5 common causes Dead stock typically occurs when a business is no longer able to sell an item or consume a production material at the same velocity as predicted. To better predict future demand for products, track and analyse historical data using inventory management software.

Material Savings 52

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 52

Arena Solutions

JUNE 5, 2023

Christine is a Customer Success Coach with Arena and has over 30 years of experience in industrial medical aerospace, food service, and startup environments, responsible for both manufacturing and quality. Rimsys, we are one of the first RIM solutions regulatory information management solutions dedicated to the med-tech industry.

Quality 52

Quality Supply Chain Design Software Supply Chain Planning Software Analytics Software 52

Enterra Insights

FEBRUARY 7, 2024

Few, if any, analysts are predicting fair winds and following seas for supply chains this year. Journalist Ben Unglesbee reports, “Extreme weather events are the top risk facing supply chains in 2024, according to an annual outlook report from Everstream Analytics. A weak dollar will support U.S.

Risk Management 130

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Enterra Insights

JULY 12, 2022

With inflation shredding consumers’ budgets, consumer packaged goods (CPG) manufacturers and retailers are feeling the impact. He predicts, “Decades-high inflation rates in the western world are likely to get worse before they peak, presenting operational challenges right across the supply chain.”[1]

Modeling 130

Modeling Predictive Analytics Software Optimization Modeling Predictive Analytics 130

Unleashed

OCTOBER 20, 2021

From inventory tracking and safety stock levels to assembly, purchasing and shipping, getting inventory management right will increase your chances of success. With a whole ton of recent innovation in cloud computing solutions, even businesses with very limited capital can have access to cutting-edge software for a monthly subscription.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Predictive Analytics Software Forecasting Software 52

Supply Chain Trend

NOVEMBER 27, 2016

Mr. Kirkegaard holds a BS in manufacturing / industrial engineering and a Masters Degree in Finance. Kirkegaard founded DCRA Inc a supply chain solutions firm leveraging best of targeted management consulting and supply chain technology solutions with an emphasis on S&OP. The DCRA Inc.

S&OP 60

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6 River Systems

APRIL 4, 2019

Logistics technologies such as robotic warehouse systems make automation a reality, while drones improve last-mile delivery capabilities and better tracking with tools like RFID tags improve visibility throughout the supply chain. These technologies also contribute to a rise in big data and analytics in the logistics field.

Logistics Network Optimization Software 76

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6 River Systems

DECEMBER 11, 2018

” — Sue Welch, CEO of TradeStone Software, as quoted in A Unified Supply Chain , Forbes; Twitter: @Forbes. Implement supply chain actions, including with internal procurement teams, with suppliers and through broader collaboration, and develop measurable targets for these efforts. Make room for collaboration.

Inventory Reduction 75

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QAD

OCTOBER 7, 2021

Over the last several years, all manufacturers have faced tremendous disruptions and the wine industry is no exception. Lara: In my view, the wine industry is quickly coming to terms with the new realities, and they’re more willing than ever to embrace solutions to address the challenges that have been thrust upon them.

Supply Chain Design Software 93

Supply Chain Design Software Manufacturing Procurement Optimal Sourcing Prescriptive Analytics Software 93

QAD

DECEMBER 19, 2019

Next, we will provide an overview of the Purchasing Commitments and Spending Action Center as well as the associated key performance indicators (KPIs). When analyzing purchasing performance, it helps to understand the difference between spend and commitment. Together, spend and commitment provide a clear view of purchasing.

Purchasing Skills 130

Purchasing Skills Manufacturing Procurement Procurement Analytics Procurement Solutions 130

6 River Systems

JUNE 29, 2020

It’s likely that in the coming months and years, many supply chain leaders will look to automation solutions that help to minimize physical contact and the number of touches required to move products through the supply chain. China trade war has already put regionalization of manufacturing back on the table.

Supply Chain Planning Software 116

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