RFgen

DECEMBER 4, 2024

Supply chain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. Additionally, we’ll discuss best practices for optimization and strategies for balancing efficiency with resilience.

Sourcing Strategies 96

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 96

DELMIA Quintiq

SEPTEMBER 22, 2021

Not only does this phenomenon illuminate the pressing need to build resilience into existing supply chains to withstand global changes and challenges, but also the need to invest more in warehouse automation. Types of inventory that can be optimized.

Inventory Management Software 294

Inventory Management Software Inventory Reduction Inventory Management Optimal Sourcing 294

Logistics Viewpoints

MAY 27, 2021

Because warehousing and transportation represent significant cost centers, intelligent logistics decisions are critical. Uberization: Exploring On-Demand Transportation, Labor and Warehousing. then secure on-demand transportation, warehousing and labor assets dynamically, re-planning flexibly as conditions change.

Optimal Sourcing 279

Optimal Sourcing Logistics Network Optimization Software Supply Chain Software Modeling 279

Logistics Viewpoints

MARCH 31, 2022

For logistics teams seeking to manage volatility and deliver more predictable, profitable results, five advanced technologies should be in their toolkits: digital control towers, warehouse task automation, warehouse robotics, dynamic price discovery and digital freight bidding. Warehouse Task Automation. Warehouse Robotics.

Logistics Network Optimization Software 297

Logistics Network Optimization Software Supply Chain Planning Software Predictive Analytics Software Supply Chain Network Software 297

ToolsGroup

MAY 30, 2018

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.

Modeling 168

Modeling Modeling Software Supply Chain Planning Software Optimization Modeling 168

Logistics Viewpoints

FEBRUARY 8, 2022

According to a recent article in Forbes , 48% of consumers today prefer a hybrid shopping model that combines online and in-store components. As disruptive events occur along the digital thread, the entire organization can act in a fluid, connected manner to optimize costs, service levels and other outcomes.

Logistics Network Optimization Software 263

Logistics Network Optimization Software Optimal Sourcing Supply Chain Planning Software Modeling 263

SCMDOJO

FEBRUARY 15, 2025

In supply chain operations, it plays a crucial role in mitigating risks, improving response times, and optimizing workflows. Businesses can use risk modeling software to test various scenarios and evaluate their impact on their operations. By using its main principles, companies can: Identify risks early and develop contingency plans.

Supply Chain Planning Software 84

Supply Chain Planning Software Supply Chain Software Modeling Inventory Reduction 84

GlobalTranz

AUGUST 18, 2021

Even more complex, some 3PLs may offer different degrees of service, such as a 4PL model that blends a shipper’s existing network and fleets with a 3PL’s technology and solution, as discussed in this third-party versus fourth-party value article. . Focus on Carrier Procurement and Management. Learn More.

Logistics Network Optimization Software 309

Logistics Network Optimization Software Optimal Sourcing Optimization Software Negotiating Skills 309

Logistics Viewpoints

FEBRUARY 28, 2022

Further, while artificial intelligence helps solve certain types of problems, Jay Muelhoefer – the chief marketing officer at Kinaxis pointed out – optimization and heuristics work better for other types of planning problems. So, models for heavy process industries often include first principle parameters.

Optimal Sourcing 355

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 355

Logistics Viewpoints

DECEMBER 14, 2021

To keep customers like my dad satisfied, RGD and Quick-commerce companies need to invest in new technologies to optimize the supply chain and logistics operations. Inventory Optimization. Inventory Optimization involves decisions about the inventory level, the location, and the mix of products.

Supply Chain Planning Software 300

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimization Software 300

Logistics Viewpoints

APRIL 19, 2023

Autonomous Planning in Supply Chain At its core, autonomous supply chain planning entails making decisions to optimize the delivery of goods and services from supplier to customer without the need for human intervention. DC procurement is also automated by aggregating the needs of the MFCs. It is comparable to autonomous cars.

Supply Chain Planning Software 298

Supply Chain Planning Software Optimal Sourcing Supply Chain Planning Scenario Planning 298

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. Coupa Introduces a Supply Chain Collaboration Network Solution Coupa has claimed that their platform unifies processes across procurement, finance, and supply chain functions.

Supply Chain Design Software 278

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 278

Jaggaer

APRIL 24, 2025

Supply chain management typically does not fit very well with procurement, which is a challenge at the best of times, and can be a disaster in difficult times. The success of this globalized model rested on three assumptions, the first of which was that governments would act in a rational manner to ensure frictionless trade.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Procurement Analytics Demand Planning Software 52

BlueYonder

JANUARY 27, 2025

Complicated logistics routes or unexpected defects can create a domino of issues for warehouse and logistic efficiency. Leadership must make a habit of using intelligent insights to optimize everything from procurement and modeling to billing and more. Reactive approaches worked for some time.

Warehousing 52

Warehousing Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software 52

ThroughPut

APRIL 4, 2025

With effective Spare Parts Inventory Optimization , businesses can strike a balance between availability and cost, ensuring seamless operations without overburdening budgets. Why Spare Parts Inventory Optimization Matters Spare parts inventory optimization is essential for keeping operations smooth and cost-efficient.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Cost Reduction Strategies Waste Reduction 52

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. AI models have grown tenfold, representing a step-change in AI capabilities, creating new use cases across the supply chain.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Seen optimistically, this challenging trade environment is a catalyst for a slew of innovative measures and creative tactics to mitigate tariff costs – although one could argue that supply chain optimization from a cost and performance perspective is something that firms should already be doing on an ongoing basis. Business model strategies.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

ToolsGroup

MARCH 17, 2020

Macro events like the Coronavirus crisis trigger demand volatility that affects every link in your global supply chain—from the raw materials you procure to setting safety stock levels to planning logistics and promotions. Use demand modeling to fine-tune demand forecasts. Utilize automatically optimized “fair share allocation”.

Supply Chain Planning Software 215

Supply Chain Planning Software Modeling Scenario Planning Supply Chain Planning 215

AIMMS

NOVEMBER 12, 2019

Procurement then pulls together a summary file with the vendors’ different scores for the supply chain decision maker to evaluate. Other questions I see include: “How many statistical models does your tool support?” “Are Are there limits to the number of models?” “Can Can a user customize the statistical model?”

Procurement Solutions 252

Procurement Solutions Supply Chain Planning Software Modeling Software Supply Chain Software 252

ivalua

FEBRUARY 25, 2021

That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts. They may not consider potential issues of integrations, supplier onboarding, supply chain data management, change management and system optimization, all of which add to complexity and costs. Demand planning capabilities.

Supply Chain Planning Software 221

Supply Chain Planning Software Optimal Sourcing Predictive Analytics Software Supply Chain Software 221

ivalua

OCTOBER 8, 2021

During the pandemic, Procurement flexed its muscle, helping to mitigate supply chain disruptions and enable new channels for engaging with customers and fulfilling orders. Here are four ways leading Procurement organizations can influence retail recovery in 2021 and beyond: 1. Decentralize Procurement. Rethink What’s Normal.

Optimal Sourcing 130

Optimal Sourcing Material Savings Procurement Analytics Procurement Solutions 130

SCMDOJO

OCTOBER 30, 2024

Conversely, a student who quickly grasps procurement strategies can be challenged with advanced case studies and leadership projects. MTSS platforms facilitate hands-on projects where learners can apply statistical methods to identify trends, forecast demand, and optimize inventory levels.

Supply Chain Planning Software 96

Supply Chain Planning Software Analytics Software Forecasting Software Predictive Analytics Software 96

ToolsGroup

APRIL 11, 2018

The company is moving from location-based planning to a global planning model, including a complete revamp of its supply chain planning operations to processes organized by product and factory. Planners focused on their local operations or warehouses and servicing customers in their territory. An Integrated Planning Model Vision.

Supply Chain Planning Software 222

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 222

The Logistics & Supply Chain Management Society

NOVEMBER 23, 2020

Beyond the traditional business models. To optimize operating costs and provide a smooth customer experience, companies are forced to re-examine and re-shape their traditional business models. The aim is to attain optimizations in distribution networks, with improved speed and responsiveness.

Supply Chain Software 46

Supply Chain Software Supply Chain Planning Software Optimization Software Supply Chain Network Software 46

Supply Chain Shaman

JUNE 6, 2013

This includes optimization and discrete event simulation. More advanced supply chain leaders model the role of complexity (product and customer), the impact of risk, and opportunity of innovation as well as product shipping and manufacturing locations, and inventory policies. It allows companies to evaluate the design of the network.

Supply Chain Planning Software 330

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 330

Supply Chain Shaman

JANUARY 21, 2014

In companies, there is no standard model for demand processes. Each role–customer service, sales, procurement, manufacturing–have a different need/definition for the demand signal. Downstream Data: Use of channel data (Point of Sale (POS) and Warehouse Withdrawal) to sense channel demand. It is evolving. Integration.

Supply and Demand 393

Supply and Demand Modeling Demand Planning Software Forecasting 393

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. It includes all of its elements: customers, sales channels, products, warehouses, logistics network, and the interactions between them. Modeling the impact of weather events.

Supply Chain Planning Software 290

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 290

Invata Intralogistics

JANUARY 13, 2025

From advanced robotics to data-driven optimizations, the future of automated fulfillment promises efficiency, precision, and scalability like never before. AI-Powered Decision Making: Machine learning algorithms will analyze vast amounts of data in real-time, optimizing inventory management, order routing, and shipping processes.

Supply Chain Software 59

Supply Chain Software Optimal Sourcing Inventory Reduction Cost Reduction Strategies 59

6 River Systems

DECEMBER 13, 2019

Optimizing your warehouse means examining every corner of your infrastructure and every facet of your workflows and processes to identify and correct inefficiencies. Not only does warehouse optimization result in a healthier bottom line, but it also improves key warehouse metrics like accurate orders and on-time delivery.

Optimal Sourcing 81

Optimal Sourcing Optimization Software Price Mitigation Strategies Modeling 81

Supply Chain Opz

JUNE 23, 2014

2) Use simple forecasting model Most inventory management and operations management textbooks tell people to choose a forecasting model that produces the lowest forecast errors. Then, many people think sophisticated forecasting models will do a better job. So sticking to simple methods always yield better results.

Inventory Management Software 220

Inventory Management Software Inventory Management Inventory Reduction Inventory 220

GlobalTranz

JULY 7, 2017

Editor's Note: Today's is blog is from Nicole Lewis who shows us the steps for smarter logistics planning optimization. However, contemporary business affairs feel an increasing need not only in logistics planning optimization but also in it as a whole procedure. Logistics planning optimization, evaluation of results and monitoring.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Optimization Software Logistics Network Optimization Software 62

ModusLink Corporation

JANUARY 30, 2025

By leveraging data analytics, businesses can better anticipate customer demand, optimize production schedules, and avoid both stockouts and overstocking. Effective demand planning also optimizes inventory levels, reducing costs associated with storage and carrying inventory.

Sourcing Strategies 78

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Resource Reduction 78

Logistics Viewpoints

JANUARY 23, 2024

The company can connect all aspects of the execution process, including labor cost and capacity, warehouse capacity, and shipping, and then integrating all of this data into their data cloud platform for a holistic view of OMS, TMS, and WMS. Manhattan also spoke about returns, as they use their routing optimization engine for returns.

Supply Chain Planning Software 304

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 304

ThroughPut

OCTOBER 18, 2024

To help you optimize your search for the best supply chain management software in 2025. Not only this, it also helps prioritize these improvements for optimal results Facilitates integrated cross-functional decisions, streamlining organizational goals 2. That’s why we went ahead and created this guide.

Supply Chain Planning Software 52

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

Logistics Viewpoints

MARCH 29, 2021

Run” will include using the platform for inventory optimization and to support interesting internet-of-things (IoT) and artificial intelligence (AI) projects. Additionally, the company’s goal is a best-in-class focus on safety and quality, while optimizing inventory and cost. HWI employed a crawl-walk-run methodology. Then Covid hit!

Optimal Sourcing 214

Optimal Sourcing Innovation Manufacturing Procurement Supply Chain Planning Software 214

The Logistics & Supply Chain Management Society

JULY 14, 2021

We had to break them up into a lot of different modules, such as production management, order management, procurement, MRP, etc. It was a hub and spoke model. It’s why it can assign the driver to the customer, optimize the assets, provide full visibility and control, and have automatic failover. And that’s a huge problem.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Network Software Optimization Software Network Optimization 130

Logility

DECEMBER 4, 2018

Today, with the availability of powerful solutions using algorithmic optimization, machine learning, and running on lightning fast computer systems, using rules of thumb to determine the best way to manage your supply chain is archaic.

Optimal Sourcing 113

Optimal Sourcing Modeling Optimization Software Supply Chain Optimization 113