Talking Logistics

DECEMBER 11, 2014

made that prediction in 2008 (see the Barron’s article What $300-a-Barrel Oil Will Mean for You ). Three years later, he stayed with his $300-a-barrel prediction, but shifted the timeframe to 2020 (see the CBS News article, Another $300 Oil Prediction — and Why This One Matters ). million bbl/d in 2015.” .

Predictive Analytics Software 201

Predictive Analytics Software Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics 201

Supply Chain View from the Field

DECEMBER 16, 2013

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Not surprisingly, analytics is at the top of the list.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

ModusLink Corporation

NOVEMBER 23, 2022

Warehouse and distribution professionals understand that the timeline of order processing has ebbed and flowed significantly over the last few years. With such drastically different challenges year over year, shippers and BCOs must bolster their business health by focusing on end-to-end e-commerce solutions. Introduction. NRF, 2022).

Distribution 78

Distribution Supply Chain Planning Software Warehousing Logistics Network Optimization Software 78

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

Logility

MARCH 6, 2020

Machine Learning for demand forecasting has matured to a level of accuracy, transparency and replicability that translates into transformative results, including in these five areas: Accuracy, transparency, thoroughness of analytical options and results. Greed for more data.

Forecasting 260

Forecasting Supply and Demand Forecasting Software Modeling 260

Material Handling & Logistics

JANUARY 10, 2018

While predicting the future is never an easy task, in order to be competitive all businesses need to be able to accurately anticipate what trends will affect them in the coming year. Innovation Labs are continuing to pop up, emphasizing the need for companies to invest in innovation to foster creative new solutions and products.

Predictive Analytics Software 96

Predictive Analytics Software Supply Chain Design Software Predictive Analytics Supply Chain Software 96

Enterra Insights

APRIL 13, 2023

Although the economy has proved remarkably resilient, there are so many unknowns at play that no one can predict what future economic conditions might be. Having said that, few if any economists are predicting a bright, short-term future. Customers are in control, and retailers who fail to accurately predict demand are doomed to fail.”

Retail 130

Retail Price Reduction Supply Chain Planning Software ToolsGroup 130

Logility

MAY 25, 2023

It’s no longer a luxury but a necessity, a critical cog in the wheel of successful supply chain management and warehousing. A recent study revealed that overstocks cost retailers a staggering global loss of $362.1 It involves overseeing the entire inventory lifecycle—from purchasing and delivery to storage and dispatch.

Inventory Reduction 130

Inventory Reduction Inventory Management Software Optimal Sourcing Inventory 130

ToolsGroup

DECEMBER 16, 2021

Whereas retailers once purchased merchandise largely based on the gut instinct of trend-savvy buyers and the push of whatever manufacturers tried to sell them, nowadays, they need to take a much more customer-focused and data-centered approach.

Agile and Lean Supply Chain 156

Agile and Lean Supply Chain Lean Retail Supply Chain Planning Software 156

ToolsGroup

OCTOBER 3, 2022

Leaked internal research reveals Amazon is at risk to run out of workers for its US warehouses by 2024. The demand for retail workers to fill positions in stores, warehouses, and the manufacturing plants of vertically integrated retailers is not decreasing anytime soon. The UK hit a record high of 1.3 Where Are All the Retail Workers?

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

Unleashed

MARCH 2, 2022

Here we give you eight real-world examples of how businesses use Kanban, a popular lean tool that’s helped companies in a huge range of sectors improve efficiency – especially those in the manufacturing industry. If you already know what Kanban is and just want the case studies, scroll down! Table of Contents. Table of Contents.

Manufacturing Procurement 98

Manufacturing Procurement Agile and Lean Supply Chain Lean Examples 98

ThroughPut

OCTOBER 7, 2022

After all, most of these business functions were created for a very different era where any change was predicted earlier and absorbed easily. Further, warehousing costs can fall by 5-10%. Understanding and predicting demand in unpredictable times. Customer expectations were reasonable and delivery agreements were slow paced.

Forecasting 52

Forecasting Modeling Supply and Demand Forecasting Software 52

Invata Intralogistics

APRIL 5, 2024

Today’s most ground-breaking innovations lie in state-of-the-art warehouses and the algorithms and automated systems that drive them. From reducing return rates by analyzing product data to predicting inventory needs with startling accuracy, AI systems offer many benefits that traditional problem-solving methods can’t replicate.

Supply Chain Software 52

Supply Chain Software Predictive Analytics Software Optimization Software Inventory Management Software 52

RFgen

JUNE 22, 2023

The Confluence of Consulting, ERP Systems, and Inventory Management Consulting: The Catalyst for Change A consultant’s role is critical in helping an organization identify challenges, needs, and possible solutions. Most likely, if you’re facing an issue in the warehouse, someone else has, too—and likely solved it.

Inventory Management Software 74

Inventory Management Software Supply Chain Planning Software Supply Chain Design Software Optimization Software 74

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. Space Optimization : Availability of warehouse storage space affects how often inventory can be replenished. MicroVention Case Study.

Modeling 52

Modeling Inventory Reduction Optimization Software Supply Chain Optimization 52

Locus

JUNE 16, 2023

Say you purchase your coveted gadget online, eagerly tracking its journey from warehouse to your welcoming hands. In 2021, a wide range of major product categories saw online purchase returns, with rates varying from 8% to 88%. Now take a moment to think about the complicated trip your gadget took to reach your doorstep.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Price Reduction Inventory Reduction 98

Oracle SCM

JULY 12, 2017

As if the largest economic crisis since the Great Depression wasn’t enough of a challenge to the supply chain industry, the introduction of the smartphone and advanced analytics into the marketplace disrupted the industry further by providing an exponentially growing consumer base and easy access to goods and information. FREE EBOOK.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

ThroughPut

NOVEMBER 18, 2022

Traditional techniques of demand forecasting in the supply chain can no longer predict these changes in the demand-supply network. Demand sensing involves a combination of methodology and technology to predict near-future demand based on short-term data. Demand Forecasting vs Demand Sensing in Supply Chain.

Supply and Demand 52

Supply and Demand Demand Planning Software Supply Chain Planning Software Supply Chain Software 52

ThroughPut

JUNE 4, 2020

Inventory optimization is also considered as the next level of inventory management for warehouse and supply chain managers. Inventory Optimization can easily help manufacturers overcome warehouse management and stocking problems. What are the Important Aspects of Inventory Optimization? Demand forecasting. Stock replenishment.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

ThroughPut

JUNE 4, 2020

Inventory optimization is also considered as the next level of inventory management for warehouse and supply chain managers. Inventory Optimization can easily help manufacturers overcome warehouse management and stocking problems. What are the Important Aspects of Inventory Optimization? Demand forecasting. Stock replenishment.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

NC State SCRC

FEBRUARY 20, 2023

Over the decades, EDI standards emerged that cover a variety of supply chain artifacts and activities , from Purchase Orders & Acknowledgements (EDI 850 & 855) to Invoices (EDI 810) to Shipping Manifests (EDI 856). In summary, using EDI or building APIs has limitations for performing advanced analytics and data science for SCRM.

Analytics Software 52

Analytics Software Supply Chain Planning Software Modeling Software Data 52

Unleashed

MAY 19, 2020

Leveraging the best manufacturing Enterprise Resource Planning (ERP) software, maximising productive efficiency, and accessing management expertise early , are the strategies that will set the best apart. Brewery software: Enterprise Resource Planning for brewers. Brewery software features to look for. Auditing your business.

Supply Chain Planning Software 98

Supply Chain Planning Software Forecasting Software Inventory Management Software Demand Planning Software 98

o9 Solutions

MAY 26, 2021

By Vikram Murthi and Dr. Stijn-Pieter van Houten, both Vice President, Industry Strategy, o9 Solutions. and carefully procure and place inventory, they constantly face operational issues during execution. The emerging best practice is to deploy cognitive control towers that are both analytical and operational.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Modeling Material Savings 52

o9 Solutions

MAY 26, 2021

By Vikram Murthi and Dr. Stijn-Pieter van Houten, both Vice President, Industry Strategy, o9 Solutions. and carefully procure and place inventory, they constantly face operational issues during execution. The emerging best practice is to deploy cognitive control towers that are both analytical and operational.

Manufacturing Procurement 52

Manufacturing Procurement Modeling Supply Chain Planning Software Optimal Sourcing 52

Logility

OCTOBER 6, 2023

Integrations include cloud ERP systems, data warehouse solutions, or big data systems – such as Microsoft Azure Synapse and Snowflake – or can be driven by events or web services that make the platform more responsive. What do these drivers and advantages mean for my business?

Supply Chain Planning Software 191

Supply Chain Planning Software Modeling Software Supply Chain Network Software Optimization Software 191

NC State SCRC

JANUARY 31, 2019

The intent of this executive forum is to bring together supply chain executives to engage in an open discussion of how analytics and AI can be used to create competitive advantage in the organization. We also shared results from the recent report completed by IBM and NC State on the current state of data analytics and Artificial Intelligence.

Supply Chain Planning Software 104

Supply Chain Planning Software Supply Chain Software Analytics Software Agile and Lean Supply Chain 104

ThroughPut

MAY 16, 2024

Powered by data analytics and advanced technologies, every stage of the supply chain can be critically analyzed, starting from procurement to distribution to identify and prioritize improvement opportunities. This opens up avenues to save procurement, transportation, inventory, and warehousing costs.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Modeling 52

Infosys Supply Chain Management

APRIL 8, 2014

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Case Studies. |. Discuss the latest trends and solutions across the supply chain management landscape. » Impact of SMAC on Enterprise Software Applications. Business Process Outsourcing.

Analytics Software 35

Analytics Software Supply Chain Network Software Supply Chain Planning Software Predictive Analytics Software 35

Requis

OCTOBER 31, 2019

From asking Siri to set your alarm to using predictive text when searching online and making a purchase–– artificial intelligence and machine learning have made our lives easier and more efficient. Warehouse bin numbers to determine the geo-location. Determining an item’s location in the warehouse. Paper documents (i.e.,

Analytics Software 40

Analytics Software Manufacturing Procurement Inventory Management Software Forecasting Software 40

Requis

OCTOBER 31, 2019

From asking Siri to set your alarm to using predictive text when searching online and making a purchase–– artificial intelligence and machine learning have made our lives easier and more efficient. Warehouse bin numbers to determine the geo-location. Determining an item’s location in the warehouse. Paper documents (i.e.,

Analytics Software 40

Analytics Software Manufacturing Procurement Inventory Management Software Forecasting Software 40

RFgen

JANUARY 21, 2016

As retailers study their current warehouse operations, they have to keep one eye on innovations positioned to become industry standards. Organizations can limit themselves to providing optimum service over a few select platforms, but technology and software solutions allows more companies to operate with an omnichannel model.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Resource Reduction 52

RFgen

JANUARY 21, 2016

As retailers study their current warehouse operations, they have to keep one eye on innovations positioned to become industry standards. Organizations can limit themselves to providing optimum service over a few select platforms, but technology and software solutions allows more companies to operate with an omnichannel model.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Resource Reduction 52

Supply Chain Shaman

APRIL 7, 2016

When you think about the product lifecycle from cradle-to-cradle through the moments of truth of purchase, usage, and disposal, what are the opportunities to improve corporate social responsibility? Inside-out, traditional processes forecasting processes use statistical methods to predict the future based on order and shipment patterns.

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

Lucas

JULY 3, 2018

WERC’s Annual DC Measures Survey is a great tool for benchmarking your distribution center and warehouse operations, but it’s also a valuable resource for identifying trends across the industry. The labor and warehouse technology trends are related. Trend Two: Software Investment Strength. Annual workforce turnover.

DC 11

DC Survey Supply Chain Planning Software Analytics Software 11

FLEXE

OCTOBER 30, 2018

Inventory data and purchasing patterns: What are their purchasing patterns? Forecasting and order management tools are making great strides in illuminating customer demands. Predicting delivery ETAs : How can I get visibility into the complete post-purchase delivery lifecycle from order to last mile?

Supply Chain Planning Software 39

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain 39

ThroughPut

APRIL 6, 2020

Supply chain optimization involves finding the critical optimal solutions that can generate the most productive and lucrative organizational performance while including all possible operational constraints and bottlenecks in the process. What does supply chain optimization involve? This helps solve several problems for them: 1.

Optimal Sourcing 59

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 59

ThroughPut

JUNE 24, 2022

At the same time, global spending on IIoT Platforms is predicted to grow from $1.67B in 2018 to $12.44B in 2024, attaining a 40% compound annual growth rate (CAGR) in seven years. Accurate inventory management can ensure the right flow of items in and out of a warehouse. WAREHOUSE EFFICIENCY. ACCURATE INVENTORY MANAGEMENT.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 98