What Is the Difference Between Optimization Modeling and Simulation?

River Logic

Optimization modeling software optimization modeling Simulation Supply Chain Simulation

IBP Scenario Modeling for Recovery, Restructuring and Resilience


Our first webinar with Oliver Wight discussed common people, process and technology pitfalls that hinder IBP initiatives. Our second webinar delved deeper into the technology aspect, focusing on analytical capabilities and scenario modeling.


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Scenario Modeling Is Now Crucial for Supply Chain Network Design


How are companies leveraging scenario modeling for network design and optimization ? Current Technologies in Use for Supply Chain Network Design . The company modeled scenarios and performed simulations in AIMMS Network Design Navigator with all their products grouped together.

Supply Chain Modeling: Here’s What You Need To Know

River Logic

Supply Chain Supply Chain Optimization modeling software Supply Chain Network Design supply chain modeling optimization modeling

New Buyer's Guide for Supply Chain Network Design

Many companies are looking to redesign their supply chain network to lower costs, improve service levels and reduce risks in the new year. Check out our updated Buyer's Guide for Supply Chain Network Design Software with research insights and learnings!

How to Choose the Right E-Commerce Business Model!

Supply Chain Game Changer

E-Commerce business model article and permission to publish here provided by No-BS Marketplace. E-commerce has arrived decades ago, and its relevance now booms in the current advancement of technology. Understanding Business Models. Subscribe Here! Email Address.

The 5 Benefits of Hybrid SaaS TMS


New, innovative technology platforms have greatly sped the expansion and evolution of transportation as well as logistic solutions. Most notably are we seeing technology platforms that improve and simplify the users by means of integrating partners and using collected data. In today’s post, we talk about the 5 main benefits derived from the use of SaaS TMS and introduce what we call a Hybrid SaaS TMS. What is SaaS TMS & Introducing Hybrid SaaS TMS.

10 Must-Have Features For Enterprise SaaS


SaaS, also known as Software as a Service, is one of the most popular forms of cloud computing software today. Examples of SaaS software include Abivin vRoute - an AI-powered Logistics Optimization Platform for businesses.

Questions To Ask SaaS Providers Regarding Security


SaaS, or Software as a Service, offered via a cloud computing platform, brings out enormous benefits for businesses, such as: cost savings and fast speed in deployment, communication improvement compared to a business using on-premise software for the same purpose.

Platform or a Collection of Tools: Which One Do You Prefer for your Digital Transformation Efforts?


The blender and the oven comprise a collection of tools that includes exchangeable tips and settings that can be used for different cooking endeavors. The difference between a Platform and a collection of Tools is the great recipe book and the right oven settings in our cookie analogy.

Supply Chain Network Design: The Ultimate Use Cases eBook

Explore the most common use cases for network design and optimization software. This eBook shares how supply chain leaders leverage their supply chain design software to tackle a variety of challenges and questions.

Evolving Supply Chain Models and the Outlook for Investors

Logistics Bureau

At the point of sale, customers today enjoy an unprecedented degree of choice in the range, price, and quality of products on offer, primarily due to the development of mobile technology, connectivity, and platform-based commerce. 2: From Asset Ownership to Platform Exploitation.

Supply Chain Process Modeling

SCM Research

Are you planning to integrate process modeling in your supply chain curricula? As part of a group work, the task of the students is to model processes between supply chain partners using the standard Business Process Model and Notation (BPMN). Initially, I thought about letting the students model the processes in PowerPoint or Visio, but then I realized that this isn’t the most appropriate way for such a group task.

Questions To Ask SaaS Providers Regarding Security


SaaS, or Software as a Service, offered via a cloud computing platform, brings out enormous benefits for businesses, such as: cost savings and fast speed in deployment, communication improvement compared to a business using on-premise software for the same purpose.

Using Technology to build Sustainable Supply Chains

The Logistics & Supply Chain Management Society

Technology plays a key role in helping companies manage supply chain risk and underpins processes that improve sustainability. But newer technologies, like blockchain, are becoming an increasingly popular method for verification and helping to speed up processes.

Implementing Supply Chain Network Design

Companies want to maximize service levels, but they also want to cut costs. These goals are often at odds with one another. How do you find the optimum balance? This guide offers hands-on advice that will help you use network design to achieve successful results.

Supply Chain Modeling: What You Need to Know about AI, ML and ERP


When it comes to supply chain modeling, one size does not fit all, but all of them benefit from strides made in the areas of artificial intelligence (AI) and machine learning (ML). Which supply chain model you use and how it is implemented can have an impact on the future of your business.

The Digital Path to Purchase is Difficult to Model

Enterra Insights

The marketing funnel was a reliable model for over a century. She explains, “The marketing funnel is a tool that helps you visualize the buyer journey, or the path a prospect takes as they become familiar with your company, from introduction to conversion (and hopefully beyond).

Changing Your Business Model


Changing Operations with Your Business Model . In 2020, some companies shifted from the lean inventory model to one that is more agile. An agile model shifts with the market, enabling you to better adjust to sudden changes. .

Lean 52

A Model for Employing Disabled Workers in Warehousing

Logistics Viewpoints

Körber is a leading provider of logistics software, material handling, voice, and consulting solutions. Technology Can Aid in Hiring the Disabled. Part of the story of this retailer’s employment of the disabled in their DCs is a story of technology adoption.

DC 126

Will Greater Data Granularity Lead to Better, Faster Decisions?

Speaker: Dave Food, Strategy Director at Prophetic Technology

With the increasing granularity of data coming from consumption points through extended data ecosystems of the Internet of things and with the integration of networks meaning net real-time change can be dynamically modeled and executed, what is the role of Supply Chain planning? Join Dave Food, Strategy Director of Prophetic Technology, on December 11th and learn how data is changing your supply chain!

Why Supply Chain Platforms?

Talking Logistics

As digital technologies embed themselves across supply chains, they will inevitably rewire existing business models into industry platforms. The question is not “if” or “when,” but “how” best to anticipate and get ahead of supply chain platform disruptions. Understanding the benefits of collaboration platforms allow businesses to better prepare themselves for the process changes on the horizon. The Role and Benefits of Supply Chain Platforms.

Transportation Network Modeling: A Powerful Tool in Greenhouse Gas Emissions Reduction Strategy

Talking Logistics

Supply Chain Models Enable Companies to Compare and Test GHG Reduction Strategies. Companies can set up models of their supply chains to identify major sources of emissions and model different scenarios, quantifying the financial benefit or costs of achieving sustainability goals. They can build multi-year models to develop and phase GHG reduction programs, and to monitor and report on progress during implementation.

Modeling Supply Chains with “Digital Twins”


The growing momentum around systems-based thinking in supply chain planning has given rise to a new concept called the “digital twin”. There has been a lot of discussion around this topic lately and I wanted to offer a few insights, including around the importance of the data model in high-quality decision making using digital twins. These are virtual counterparts to the physical world that model a product’s uniqueness and its lifecycle.

Troubling Trends in Supply Chain Design: An Uptick in Bad Models and Collapsing Teams


Congratulations, you’ve bought the software. Do you pick your best data analyst to go and build a model? Now what? Or do you focus on building an in-house center of excellence?

How Data Science and Modeling Can Supercharge Your Risk Management

Speaker: Dr. Ken Fordyce, Solutions Director, Supply Chain and Advanced Analytics at Arkieva

COVID-19 has put risk management at the front and center in the supply chain world. Join this incredible webinar with Dr. Ken Fordyce, Solutions Director, Supply Chain, and Advanced Analytics at Arkieva, and learn about the ongoing challenge of implementing rapid intelligent response (RIR) to improve organizational performance with better decisions.

Use SOPE© to Clean Up Your Supply Chain Model


In the absence of this you end up with a rough model of the supply chain. Rough models deliver rough results in your financial projections, commitment to end customers and making the right response when a disruption occurs. It does not imply two systems.

The Value Realization Imperative: Optimizing the Value of SaaS Investments


Understanding the value realized from investments in SaaS platform solutions is a strategic imperative in today’s economy. Optimizing value in SaaS solutions is not a one-time, upfront ROI projection. SaaS SaaS applications supply chain platform supply chain technology

5 Tips to Drive a Profitable Supply Chain Using Cost-to-Serve Models

River Logic

This is especially true with the need to extract data from multiple ERP, logistics, and CRM systems. Supply chain complexities exacerbate these calculations, as does the need for speed and flexibility. cost optimization cost-to-serve customer profitability

Key Tools and Technologies to Build the Warehouse of the Future

DELMIA Quintiq

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.,

Post-COVID Supply Chain Planning: Steps to Take Now for Rapid Recovery

Speaker: Dave Food, Strategy Director at Prophetic Technology

Supply Chain Executives need to empower their teams to navigate through and beyond the impact of COVID-19 with powerful insights and integrated supply chain networks so that real-time change can be quickly responded to and organizations can come out of this leading from the front. Join this webinar with Dave Food, Strategy Director, Prophetic Technology, who will provide insights into planning for a post-COVID world.

Omnichannel Retail Strategy: Not just a Buzzword, But a Business Model | TALKING FREIGHT VIDEO


The days of managing channels on an individual basis are over, and consumers are using multiple devices and e-commerce platforms for nearly all purchases. individuals over the age of 15 at some point use e-commerce platforms to.read More.

Clouds are Gathering for an Open Platform for Supply Chain


That’s why I believe that during this decade we’re heading for a new era in which open, multi-enterprise, cloud platforms will provide the required End-to-End supply chain integration–planned, optimized and collaborated to serve customer demand. .

TMS in the SMB Market: The Evolution Toward Software-as-a-Self-Service

Talking Logistics

One of my supply chain and logistics predictions for 2015 was that 3PLs and software vendors would focus more on acquiring small and midsized business (SMB) clients this year. As I wrote back in December: For a variety of reasons (the high cost of sales being one of them), most 3PLs and software vendors have historically underserved the SMB market, focusing their sales efforts on large companies instead. The business model has to be profitable.

Cloud-Based Warehouse Management Systems vs. SaaS WMS…What’s the Difference?

Veridian Solutions

Supply chain executives are in a full sprint toward more efficient systems and better customer service as companies around the globe implement new technologies. As supply chains leverage new resources, the demand for cloud-based software skyrockets. When selecting a warehouse management system, supply chain leaders face a decision between software-as-a-service (SaaS) or cloud-based warehouse management systems. Technology Warehouse Management

Building AI to Unlearn Bias in Recruiting

balances, bias will exist in the system. potentially at risk due to advancements in AI technology. 3Most of these systems are GIGO: Garbage In Garbage Out. models can be wrongly trained or overtrained and. systems and understand how decisions are being.