ToolsGroup

OCTOBER 17, 2024

This oversight can lead to hidden costs that not only erode your profits but also jeopardize your customer loyalty. The Hidden Costs of Inaction The Financial Drain of Stockouts: If you think stockouts are merely an inconvenience, think again. Is that really the cost of doing business you’re willing to accept?

Inventory Reduction 156

Inventory Reduction Cost Reduction Strategies Expense Reduction Resource Reduction 156

Logistics Viewpoints

MAY 20, 2024

Lucas Systems Offers Warehouse Optimization Warehouse management systems, once known as supply chain execution systems, have evolved significantly. Today, for many professionals, “WMS” is synonymous with “warehouse optimization.” It can perform the same tasks as a traditional warehouse management system using barcode scanning.

Optimization Software 283

Optimization Software Vendor Strategies Supply Chain Planning Software Warehousing 283

Logistics Viewpoints

NOVEMBER 20, 2024

For senior leaders, understanding and integrating the three pillars of sustainability—environmental, social, and economic—into supply chain strategies is essential. Transportation, warehousing, and manufacturing collectively contribute significantly to carbon emissions, making these areas critical for meaningful change.

Waste Reduction 244

Waste Reduction Sustainability Supply Chain Design Software Resource Reduction 244

Logistics Viewpoints

AUGUST 31, 2023

Today’s article comes from Kyle Franklin, Senior Solutions Consultant, Lucas Systems, and looks at warehouse distribution errors. Being a veteran of the warehouse industry throughout my career has given me a unique insight into many aspects of distribution interaction. What’s the Actual Cost of a Mispick?

Warehousing 262

Warehousing Distribution Vendor Strategies How To 262

Logistics Viewpoints

NOVEMBER 30, 2023

This article is from Patrick Byers, DevOps Engineer at Lucas Systems, and looks at fortifying warehouse and distribution centers against cybersecurity attacks. The warehousing and distribution industry is highly reliant on technology for its operations. Why are warehouses and DCs so vulnerable to cyberattacks?

Warehousing 279

Warehousing Distribution Cost Reduction Strategies Vendor Strategies 279

Logistics Viewpoints

JULY 24, 2024

Robotic Process Automation Deployment According to the APQC data, organizations are exploring Robotic Process Automation across a number of supply chain areas, including supply chain planning, sourcing and procurement, logistics and warehousing, and manufacturing. Many technologies are implemented as a source of cost cutting.

Supply Chain Software 279

Supply Chain Software Manufacturing Procurement Supply Chain Planning Software Inventory Reduction 279

Logistics Viewpoints

JANUARY 21, 2021

” Accurate transit time predictions have become more crucial than ever given customer demands and expectations, the cost impacts of late shipments, and dynamic nature of today’s supply chains. Increased lead time accuracy reduces risks involved in transportation and logistics, improving your overall supply chain.

Predictive Analytics Software 358

Predictive Analytics Software Logistics Network Optimization Software Modeling Inventory Reduction 358

Logistics Viewpoints

APRIL 25, 2024

Managing yard and warehouse operations has long been one of the thornier aspects of transportation logistics. Yards are a choke point between transportation and warehousing — and wherever you have choke points, you have a higher risk of inefficiencies that drive up labor costs, detention fees and delivery commitments.

Expense Reduction 267

Expense Reduction Cost Reduction Strategies Supply Chain Design Software Inventory Reduction 267

Supply Chain Shaman

MARCH 21, 2024

The Company was attempting to gain economies of scale by grouping manufacturing technologies within a common infrastructure to reap the benefits of a co-generation facility, a centralized warehouse, and a talented administrative team. In parallel, I started working on a project to eliminate the secretarial pool. The So What?

Inventory Reduction 403

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 403

The Logistics of Logistics

APRIL 28, 2023

Summitt Hogue and Joe Lynch discuss what kills warehousing companies. Growe was formed on a foundational appreciation for the importance of speed, flexibility, creativity, and timing on a 3PL’s real-estate strategy and overall profitability. In the podcast interview, Summitt and Joe discus what kills warehousing companies.

Warehousing 190

Warehousing Negotiating Skills Real Estate Third Party Logistics 190

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. As such, it is critical for manufacturers to first make the right digital investments in their warehouses.

Inventory Management Software 294

Inventory Management Software Inventory Reduction Inventory Management Optimal Sourcing 294

Logistics Viewpoints

JANUARY 4, 2023

ARC Advisory Group’s Global Warehouse Automation Research study is now complete and available for purchase. The research process includes an analysis of large amounts of information and interviews with executives from numerous warehouse automation providers; and concludes with the publication of ARC’s research study. Growth Drivers.

Supply Chain Software 295

Supply Chain Software Warehousing Supply Chain Planning Software Purchasing Skills 295

The Logistics of Logistics

OCTOBER 16, 2023

Andy Johnston and Joe Lynch discuss modernizing the warehouse. Key Takeaways: Modernizing the Warehouse In the interview, Andy and Joe discuss labor challenges, wage inflation, competition, and the need to do more with less. The company has a strong track record of helping its customers to improve their supply chains and reduce costs.

Warehousing 249

Warehousing Logistics Network Optimization Software America Price Reduction 249

Logistics Viewpoints

MAY 25, 2021

Including CO2 emissions as a key criterion for carrier selection and using logistics technology to reduce or eliminate empty miles are the biggest opportunities to make an immediate difference. empty miles are a significant driver of increased supply chain costs and carbon emissions. In the U.S.,

Supply Chain Planning Software 337

Supply Chain Planning Software Sustainability Supply Chain Software Inventory Reduction 337

Logistics Viewpoints

JULY 7, 2022

From product design, sourcing and operations planning, to manufacturing, logistics and warehousing, there are many opportunities for improved efficiency at each stage of the process. Reduce waste and lower your costs by monitoring the condition of goods in transit to reduce spoilage. The challenge of change.

Material Savings 275

Material Savings Waste Reduction Resource Reduction Supply Chain Design Software 275

Logistics Viewpoints

JULY 29, 2021

Nevertheless, there are indications that AI in the warehouse is becoming a reality a lot sooner than most people might have expected. Furthermore, AI is a natural fit for many of the foundational warehouse management questions that most operators solve today using spreadsheets, inherited best practices, or rules-based decision making.

Optimization Software 316

Optimization Software Predictive Analytics Software Supply Chain Planning Software Supply Chain Design Software 316

AIMMS

SEPTEMBER 28, 2020

Insights from Gartner’s Hype Cycle for Supply Chain Strategy, 2020. Gartner’s Hype Cycle for Supply Chain Strategy, 2020 offers some guidance. In the report, you will find capabilities across five categories: technologies, competencies, frameworks, operating model strategies, and organizational models. Firefighting is the norm.

Prescriptive Analytics Software 415

Prescriptive Analytics Software Supply Chain Design Software Modeling Supply Chain Planning Software 415

Logistics Viewpoints

OCTOBER 30, 2023

The project was focused on combining the spare parts warehouses from two of the brands owned by the automaker. A network design solution operates by looking at the Total Cost to Serve (TCTS) across a range of fixed and marginal costs. This supply chain spanned across 24 nations. These were the easy savings.

Vendor Strategies 269

Vendor Strategies Cost Reduction Strategies Modeling Inventory Reduction 269

Logistics Viewpoints

SEPTEMBER 28, 2023

Globalization has expanded supply chains; the result is increased complexity and transportation costs. In addition, mounting environmental concerns and sustainability goals push organizations to reduce their carbon footprint, which often entails optimizing transportation for efficiency.

Supply Chain Software 272

Supply Chain Software Supply Chain Planning Software Material Savings Cost Reduction Strategies 272

Logistics Viewpoints

DECEMBER 2, 2021

import volumes still climbing (see Figure 1), limited processing capacity at key West Coast ports and the International Longshore and Warehouse Union (ILWU) contract expiring next summer, importers will be scrambling to maintain the inventory they need to support the demand increase.

Predictive Analytics Software 337

Predictive Analytics Software Predictive Analytics Waste Reduction Cost Reduction Strategies 337

The Logistics of Logistics

SEPTEMBER 19, 2024

Gaurav Khandelwal and Joe Lynch discuss cash flow boost: 3 way scheduling for reducing holding costs. Summary: Cash Flow Boost: 3 Way Scheduling for Reducing Holding Costs Velostics offers a comprehensive solution to streamline transportation and logistics operations.

Cost Reduction Strategies 199

Cost Reduction Strategies Logistics Network Optimization Software Optimization Software Analytics Software 199

The Logistics of Logistics

JANUARY 26, 2024

With a wealth of experience partnering with industry giants like Procter & Gamble, Unilever, Nestle, and Kimberly-Clark, Tom has been instrumental in developing cutting-edge solutions for warehousing, truck loading, and planning optimization. Say goodbye to logistics headaches and hello to “happy dance” efficiency.

Optimization Software 222

Optimization Software Supply Chain Optimization Network Optimization Supply Chain Planning Software 222

Supply Chain Shaman

DECEMBER 27, 2022

In a recent research project, we found that 2/3 of companies had a digital supply chain transformation strategy; however, those that were evolving their strategy performed better during the early months of the pandemic than those that were “clear” on the project plan for a digital transformation. I know, a head-scratcher.

Supply Chain Software 405

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Inventory Reduction 405

Logistics Viewpoints

AUGUST 8, 2024

An enlightening new report indicates that this strategy corresponds to strong financial performance for shippers and logistics service providers (LSPs). Even though most survey respondents measure transportation value by cost per shipment, Competitive Weapon companies are 1.5

Cost Reduction Strategies 240

Cost Reduction Strategies Supply Chain Planning Software Supply Chain Strategy Supply Chain Software 240

Logistics Viewpoints

MAY 11, 2023

The concept of digital twins has emerged as a powerful foundational tool to drive improvements in warehouse productivity and efficiency. In the warehouse context, a digital twin can be created to represent the physical layout, inventory, equipment, and workflows of a warehouse. Physical change (i.e.,

Modeling 275

Modeling Analytics Software Supply Chain Design Software Optimization Software 275

Logistics Viewpoints

SEPTEMBER 11, 2024

This allows vehicles to interact with each other, warehouse systems, and control centers with minimal delay. The ability to quickly and accurately transfer information reduces downtime, improves delivery accuracy, and enhances route planning. This connectivity helps optimize routes, reduce delays, and enhance delivery accuracy.

Logistics Network Optimization Software 272

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software 272

AIMMS

FEBRUARY 26, 2020

Avenues of transport are declining as major cargo airlines, like Cathay Pacific , drastically reduce flights to mainland China and Hong Kong. Demand simulations can highlight strategic warehous e , plant and supplier locations and test the robustness of strategies under different growth expectations.

Supply Chain Planning Software 366

Supply Chain Planning Software Supply Chain Design Software Scenario Planning Supply Chain Planning 366

Logistics Viewpoints

AUGUST 7, 2024

An enlightening new report indicates that this strategy corresponds to strong financial performance for shippers and logistics service providers (LSPs). Even though most survey respondents measure transportation value by cost per shipment, Competitive Weapon companies are 1.5

Cost Reduction Strategies 227

Cost Reduction Strategies Supply Chain Planning Software Supply Chain Strategy Supply Chain Software 227

Logistics Viewpoints

JANUARY 18, 2023

Chad and I discussed the widespread labor constraints impacting warehouse operations across North America and Europe. I told Chad that I believe warehouse labor constraints will continue for extended time, and that warehouses must actively manage with this in mind. Warehouse Labor Shortages.

Warehousing 255

Warehousing Chad Supply Chain Design Software Modeling Software 255

Logistics Viewpoints

JULY 25, 2024

These solutions are flexible and versatile, and can be utilized for a variety of manufacturing and warehousing tasks. By minimizing energy waste and optimizing equipment operation, companies can reduce their carbon footprint and lower energy costs.

Supply Chain Software 256

Supply Chain Software Waste Reduction Supply Chain Optimization Resource Reduction 256

Logistics Viewpoints

DECEMBER 18, 2024

The transition to renewable energy and the adoption of sustainable practices are now essential for reducing environmental impact, ensuring regulatory compliance, and maintaining competitiveness. Businesses face heightened uncertainty in managing costs and securing stable energy supplies.

Optimal Sourcing 143

Optimal Sourcing Material Savings Supply Chain Design Software Supply Chain Planning Software 143

Logistics Viewpoints

DECEMBER 17, 2024

Most organizations have public commitments to reduce their carbon footprint, with some of the more aggressive goals promising net zero emissions as early as 2040. Reducing emissions from transportation is crucial to achieving organizations sustainability goals. Freight transportation makes up over 10% of total global carbon emissions.

Supply Chain Planning Software 161

Supply Chain Planning Software Procurement Solutions Supply Chain Software Cost Reduction Strategies 161

Freightos

APRIL 25, 2024

This strategic move has not only circumvented significant costs but also dramatically increased air cargo demand from China, particularly from hubs in Hong Kong and Guangzhou, impacting traditional logistics and shipping frameworks. rates soared to about $13/kg due to pandemic-driven demand and reduced capacity.

Cargo 293

Cargo Cost Reduction Strategies Price Reduction Material Savings 293

Supply Chain Shaman

APRIL 15, 2020

The healthcare value chain was slow to respond—the majority of Personal Protective Equipment (PPE) was in Chinese warehouses. While a reboot of a computer rstarts the machine to eliminate the in-memory processing, a reformat erases everything on the computer and starts again. Lowest cost drove decisions. Bottom line?

Supply Chain Planning Software 440

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 440

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Centralized information eliminates data silos and strengthens information sharing through real-time communication (instead of point-to-point data transmission). Robotics enabled with AI and ML augment the work of humans in warehouses and distribution centers. Artificial Intelligence AND Machine Learning. trillion.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

Supply Chain Shaman

NOVEMBER 21, 2023

As a result, my client became a pawn to eliminate as he drove to his goal of supply chain improvement. I was promoted to run the warehouse, and at the time, I had no experience in distribution, but was asked to run the largest distribution center in the system. A warehouse is the tip of the spear for dysfunction. I was a pawn.

Supply Chain Planning Software 339

Supply Chain Planning Software Inventory Reduction Supply Chain Design Software Cost Reduction Strategies 339

Supply Chain Shaman

SEPTEMBER 27, 2021

Unloading times are double and costs are triple. Warehouses are full–often with the wrong stuff resulting in the slowing of the forty million shipping containers around the world. Today, there are no authoritative identifiers to track and trace for containers, warehouse locations, trucks or manufacturing plants.

Supply Chain Planning Software 333

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 333