The Logistics of Logistics

SEPTEMBER 2, 2022

Ben serves as CEO for Ruan Transportation Management Systems , one of the largest privately-held logistics firms in the U.S. Benjamin McLean serves as CEO for Ruan Transportation Management Systems , one of the largest privately-held logistics firms in the United States. Ben McLean and Joe Lynch discuss the Ruan story.

Iowa 186

Iowa Logistics Network Optimization Software Network Optimization Software Warehousing 186

Logistics Viewpoints

AUGUST 12, 2021

The customer’s expectation that products are delivered accurately and quickly, at a low price, and in perfect condition. To retain customers effectively, a top-notch logistics structure must be in place that efficiently manages every aspect of the supply chain. This may involve monitoring a driver’s performance.

Optimization Software 246

Optimization Software Supply Chain Optimization Supply Chain Planning Software Price Mitigation Strategies 246

Logistics Viewpoints

JANUARY 16, 2023

When the performance of enterprise systems becomes degraded, it is often because the parameters used in the systems are no longer accurate. Master data management (MDM) as a critical performance driver for the enterprise. What is Master Data Management? These include customers, products, suppliers, and sites/assets.

Data 197

Data Supply Chain Planning Software Benchmarking Supply Chain Software 197

My Office Apps

JANUARY 16, 2024

Cloud-Based Enterprise Resource Planning (ERP) is a modern and transformative approach to managing core business functions by utilizing cloud computing infrastructure. Cloud-Based Enterprise Resource Planning (ERP) is a cutting-edge approach to managing core business functions using cloud computing.

Optimal Sourcing 86

Optimal Sourcing Eliminating Excel in Purchasing Manufacturing Procurement Procurement Analytics 86

GlobalTranz

DECEMBER 8, 2021

Provide enough background to help providers understand your products and supply chain. Common KPIs in a carrier relationship include on-time performance, least-cost carrier compliance and cost per lb./mile. Creating a data-driven relationship will help you manage your supply chain providers for performance and accountability.

Freight 226

Freight Network Optimization Software Modeling Supply Chain Planning Software 226

Logistics Viewpoints

JANUARY 10, 2024

One day, a product is flying off the shelves, and the next, it’s gathering dust. The press has done a good job of reporting the impact on passengers, but they have done a bad job on reporting why Southwest performed so badly. I also asked, what are the ways in which management can improve engagement with warehouse workers?

Logistics Network Optimization Software 246

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Predictive Analytics Software 246

Logility

AUGUST 25, 2020

Would access to better supply chain and IT performance information have helped avert or mitigate these failures? Maybe, but what is certainly clear from the examples is that the complexity of modern supply chains requires better visibility into every phase of production and distribution. Product Excellence. Service Excellence.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 173

Supply Chain Matters

MARCH 6, 2024

Electric vehicle company Fisker recently issued a going concern warning amid continued production and supply chain challenges. Background In prior Supply Chain Matters commentaries, we have highlighted ongoing production and supply chain challenges related to high profile EV start-ups Rivian Automotive and Lucid.

Sourcing Strategies 52

Sourcing Strategies Austria Supply Chain Planning Software Manufacturing Procurement 52

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

However, there is now a growing appreciation that going green correlates with increased profit as demand for products with sustainable credentials grow and Asian companies get set to move up the value chain. Technology plays a key role in helping companies manage supply chain risk and underpins processes that improve sustainability.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Software Modeling Software Forecasting Software 223

Logistics Viewpoints

NOVEMBER 18, 2021

There’s a new reason to optimize DC operations, and it’s bigger than the old reasons of productivity and efficiency gains. This quest to master distribution has risen to the top of the list because customers (whether consumers or businesses) are demanding performance like never before. What is your company’s top priority with AI?

DC 256

DC Optimization Software Demand Planning Software Supply Chain Planning Software 256

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. That way, companies achieve maximized equipment availability and deliver high-quality products.

Manufacturing Procurement 156

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

Enterra Insights

MARCH 28, 2024

The difference is that now enterprises are embracing AI and automation to improve business KPIs, and enhance employee productivity as well as customer satisfaction, thereby accelerating their path to the autonomous enterprise.” It has long been focused on improving productivity of boring, repetitive, or dangerous human activities.

Supply Chain Software 130

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

ivalua

SEPTEMBER 8, 2022

Originally published on Risk Management Monitor. Essentially every company that manufactures goods today depends on other companies to supply the raw or value-added materials that go into their finished products. When suppliers are treated as partners, they can be a huge asset in times of trouble.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Global 130

QAD

JANUARY 19, 2023

Supply chain management (SCM) is essential to any business strategy. Facets of this broad field include demand planning, inventory management, logistics, acquisitions and partner management. Supply chain management is never boring, and there’s always more to learn. Function: operation management, logistics and inventory.

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 95

Logility

SEPTEMBER 9, 2021

Economic supply chain sustainability helps companies save money while boosting their productivity. Efficient utilization of assets. Today’s non-linear supply networks rely on so many providers just to deliver one product that it leaves demand-driven businesses vulnerable to bottlenecks when one factor goes wrong.

Supply Chain Planning Software 195

Supply Chain Planning Software Optimal Sourcing Sourcing Strategies Supply Chain Software 195

Supply Chain Game Changer

NOVEMBER 25, 2021

Power plant asset management article and permission to publish here provided by Claire Glassman. There are power plant management issues that, if not properly prepared for, can cost your business an arm and a leg. Fortunately, there are software services that offer solutions to issues in managing power plant assets.

Asset Management 85

Asset Management Expense Reduction Resource Reduction Cost Reduction Strategies 85

Global Trade Management

NOVEMBER 24, 2023

Introduction Supply chain digitalization is a pivotal element of modern supply chain management, driving improvements in inventory management, operational efficiency, and asset utilization. Improving Inventory Management Supply chain digitalization plays a crucial role in elevating inventory management.

Cost Reduction Strategies 52

Cost Reduction Strategies Waste Reduction Inventory Reduction Resource Reduction 52

Logility

AUGUST 16, 2022

The company was recognized for its work with iNova Pharmaceuticals, a distributor of prescription medicines and healthcare products, to transform its data management, demand and supply planning, replenishment planning and analytics framework. The platform approach was also a tremendous asset.”. Our business is complex.

Supply Chain Planning Software 130

Supply Chain Planning Software Logility Supply Chain Design Software Prescriptive Analytics Software 130

SCMDOJO

AUGUST 4, 2023

From improving cash flow and reducing carrying costs to increasing product turnover and minimizing the risk of obsolescence, there are plenty of advantages to be gained. These changes and adaptability demand for products is causing several variations in inventory as well. Also, the return on assets rose from 10.0%

Inventory Reduction 90

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 90

SYSPRO Smarter ERP

JULY 3, 2023

Using artificial intelligence (AI) in manufacturing can significantly improve productivity, reduce equipment failure, increase production efficiency and help identify new business opportunities. Product development When designing a new product or improving an existing one, extensive data analysis is required.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Manufacturing Data 98

QAD

FEBRUARY 25, 2020

While consumer products manufacturers previously led the way for sustainable manufacturing practices, a growing number of manufacturers in other sectors are treating sustainability as an important operational objective to increase global competitiveness.

Waste Reduction 145

Waste Reduction Cost Reduction Strategies Resource Reduction Inventory Reduction 145

SYSPRO Smarter ERP

APRIL 24, 2023

The goal of order fulfilment is to ensure that customers receive the products they ordered in a timely and accurate manner whilst minimizing costs and maximizing efficiency and throughput. By using the SCOR model, manufacturers have a tested and comparable framework for assessing their order fulfilment processes and performance.

Optimal Sourcing 105

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Modeling 105

Enterra Insights

MAY 31, 2022

We live in a digital age in which, according to Yossi Sheffi ( @YossiSheffi ), Director of the MIT Center for Transportation & Logistics, big data is an organization’s most valuable asset. The well-worn adage that a company’s most valuable asset is its people needs an update,” he writes. 1] Staff writers at Gadget go even further.

Supply Chain Software 130

Supply Chain Software Supply Chain Optimization Modeling Supply Chain 130

Logility

MAY 26, 2022

The bullwhip effect creates a demand-constrained supply chain marked by excess inventory, production planning problems, and even adversely affects customer service. So how do you manage a supply chain with demand constraints? Because supply exceeds demand, all demand can be fulfilled, but there is underutilized production capacity.

Demand Planning Software 173

Demand Planning Software Supply and Demand Modeling Supply Chain Planning Software 173

Logistics Viewpoints

DECEMBER 8, 2022

Visibility solutions allow real-time asset tracking across the entire distribution network. The need to know where products are, whether they are on the way to the warehouse, store, or customer, when there are delays, and alerts for these delays, is critical to ensure a positive experience. Several recent products have been released.

Rail Software 188

Rail Software Real-time Visibility Supply Chain Network Software Supply Chain Planning Software 188

Enterra Insights

NOVEMBER 7, 2023

For very large organizations, identifying critical assets may not be as easy as one might think. To properly identify critical assets, using a formal methodology, like Enterra’s Enterprise Resilience Management Methodology ®, is generally a good idea. They are: 1) Identify the scope of the plan.

Supply Chain Software 130

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

RFgen

MAY 1, 2023

Asset tracking has become an essential aspect of managing a business. For companies with a large number of tangible fixed assets, such as those in manufacturing, the food and beverage industry, oil & gas , government, and public utilities, managing equipment and spare parts over a large area can be challenging.

Optimization Software 52

Optimization Software Inventory Management Software Forecasting Software Supply Chain Design Software 52

SCMDOJO

FEBRUARY 29, 2024

It is arguably true that supplier performance management is considered a business practice for measuring, analyzing, and managing supplier performance to reduce cost, and risk and also drive continuous improvement. Managing and optimizing a supplier’s performance is as essential as it is difficult.

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

AB&R

AUGUST 16, 2023

Better Chemical Inventory and Asset Management By AB&R Efficient Inventory and Asset Management for the Chemical Industry The chemical industry produces many innovative and crucial products for different industries and markets, but inventory and asset tracking processes within the chemical business are still very old-school.

Asset Management 52

Asset Management Chemicals Supply Chain Design Software Inventory Management Software 52

SCMDOJO

JUNE 6, 2023

With the right supply chain tools at your disposal, you can streamline operations, boost productivity, and save valuable time. To improve operations and stay ahead of the competition, many distributors are turning to assessment tools to evaluate performance and identify areas for improvement.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Software Optimization Software Material Savings 89

ThroughPut

JANUARY 2, 2023

Supply chain planners are therefore now setting a razor-sharp focus on: Optimizing production and distribution capacity across supply chain funnels. Signaling risks in a capacity shortage where certain products may not be in actual demand. Expose which products are affected by internal and external constraints.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Capacity Optimization Software 52

Unleashed

FEBRUARY 14, 2024

Finished goods inventory are products that have been through the manufacturing process and are now ready for sale. Managing finished goods and tracking the costs associated with each of them are essential aspects of manufacturing accounting and stock control. What are finished goods inventory?

Inventory Reduction 52

Inventory Reduction Inventory Manufacturing Procurement Inventory Management Software 52

ThroughPut

AUGUST 18, 2023

However, ‘how to align the two functions in a way that the impact of supply chain improvements on financial performance can be tracked, controlled and demonstrated’ is a question that most supply chain leaders are grappling with. Cost optimization and risk management in supply chain management is of particular interest to finance.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Software Material Savings Expense Reduction 52

AB&R

NOVEMBER 20, 2023

Warehouse Maturity Model Checklist Table of Contents [link] [link] [link] [link] [link] Phase 1: Increase individual worker productivity Data capture tools are only helpful if they work and if your team uses them correctly. To begin progressing toward the next phase, you must find and implement processes that boost employee productivity.

Modeling Software 52

Modeling Software Warehousing Supply Chain Design Software Demand Planning Software 52

Supply Chain Game Changer

NOVEMBER 3, 2022

Supply chain management is an important aspect of every business because it ensures your business gets the supplies, resources, and materials it needs to fulfill services or deliver products to customers. However, the modern supply chain has become increasingly complex and challenging to manage. Procurement Management.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Software Negotiate Pricing Negotiating Skills 115

OptiProERP

JANUARY 17, 2024

Smart Manufacturing Opens Up New Doors to Business Intelligence For starters, smart manufacturing delivers greater connectivity across the entire enterprise, as well as the ability to process exponentially larger volumes of data from myriad input points – all of which provide more extensive production intelligence.

Analytics Software 52

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

Unleashed

AUGUST 14, 2023

Rising energy, labour, and material cost are increasing the cost of production and cutting into profit margins. Manufacturing operations need to implement effective production management tools and processes to reduce the cost of producing goods. What's in this production management guide?

Inventory Management Software 52

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