Logistics Viewpoints

FEBRUARY 20, 2023

In the supply chain world, contract logistics – where a third-party logistics (3PL) firm runs and manages warehouses on behalf of their clients, is a $200 billion plus market. For example, in contract logistics, the 3PL makes use of a warehouse management system so that they can do the job efficiently. The right IT is critical.

Supply Chain Planning Software 270

Supply Chain Planning Software Logistics Network Optimization Software GEP Supply Chain Software 270

Supply Chain Shaman

MARCH 21, 2024

During the 1980s, I was on a management team for a large manufacturer. 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.

Inventory Reduction 403

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

Logistics Viewpoints

MARCH 27, 2023

When it comes to running a company, when things break down executives have traditionally said “we need to improve our forecasting!” Would better forecasting accuracy be a good thing? Unfortunately, most companies cannot, and will never be able to, consistently rely on highly accurate forecasts. Absolutely!

Forecasting 238

Forecasting Forecasting Software Modeling Optimal Sourcing 238

Supply Chain Shaman

APRIL 15, 2020

My first focus was on China sourcing. The healthcare value chain was slow to respond—the majority of Personal Protective Equipment (PPE) was in Chinese warehouses. China was the source of over 90% of PPE.) Figure 1 shows a market-by-market planning model by a sinus drug manufacturer. Recovery Team.

Supply Chain Planning Software 440

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

Logistics Viewpoints

AUGUST 11, 2022

Even if your transportation management system ( TMS ) is ingesting carrier EDI information directly, the data you receive is often hours after that fact, leaving you to “best-guess” actual delivery times. To improve visibility and control across your transportation network, a real-time transportation visibility platform (RTTVP) is essential.

Supply Chain Planning Software 260

Supply Chain Planning Software Forecasting Software Logistics Network Optimization Software Supply Chain Network Software 260

ToolsGroup

APRIL 13, 2020

Rafael: It has been a really helpful tool with which to go through this crisis. We have 135 restaurants, four distribution centers, and we also manage three manufacturing facilities, with more than 5,000 SKUs, and we deliver to each restaurant up to three times a week. We don’t know what’s going to happen.

Supply Chain Planning Software 296

Supply Chain Planning Software Supply Chain Software Forecasting Software Supply Chain Optimization 296

The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

Every year at IDC, we put together a list of predictions designed to guide organizations in creating and/or updating their roadmaps, looking at the impact of technology and processes on businesses, and seeking to quantify that impact. Top Technology investments to Enable Your Participation in Industry Ecosystems.

Predictive Analytics Software 246

Predictive Analytics Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 246

DELMIA Quintiq

OCTOBER 28, 2014

This is due to the diversification in the production schemes of manufacturers. So, a lot of manufacturers require 3PLs to agree to service levels that are challenging for large operations. So how will logistics planning and optimization technology help 3PLs to overcome these challenges? It is, in fact, supporting them.

Supply Chain Planning Software 281

Supply Chain Planning Software Logistics Network Optimization Software Optimization Software Analytics Software 281

AIMMS

JUNE 16, 2020

Current Technologies in Use for Supply Chain Network Design . Another use case we see for scenario modeling in the current context is evaluating new sourcing locations. A recent Thomas survey found that 64% of manufacturing companies are likely to “bring production and sourcing back to North America” in view of COVID-19.

Modeling 361

Modeling Network Design Software Network Design Scenario Planning 361

Logistics Viewpoints

OCTOBER 14, 2024

At a division of one of the world’s largest consumer goods companies, 85% autonomy on manufacturing plans and 95% acceptance of proposed purchase orders has been achieved. We are a platform. The platform collects data and makes sure the master data is internally consistent. Forecasting is not an actionable item.”

Supply Chain Planning Software 264

Supply Chain Planning Software Supply Chain Planning Procurement Analytics Scenario Planning 264

The Logistics of Logistics

OCTOBER 12, 2022

Anthony started his career in tech as a Commercialization Associate, where he identified and evaluated emerging technologies and innovations. Anthony’s clients varied from construction, trucking, industrial, software, manufacturing, and retail industries. About FreightWaves.

Analytics Software 184

Analytics Software Forecasting Software Logistics Network Optimization Software Supply Chain Software 184

The Logistics & Supply Chain Management Society

NOVEMBER 23, 2020

With the proliferation of technology, digital transformation has taken many industries by storm. Digitization and innovative technology have become indispensable tools for improving the efficiency, quality and capacity of supply chain management. A platform for supply chain automation should serve as a one one-stop solution.

Supply Chain Software 46

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

Supply Chain Shaman

DECEMBER 30, 2021

There is no good system for visibility. Value networks do not interoperate and the business leader trying to track shipments must manually sync multiple data sources to get to answers. Freight does not move without the right chassis and the logistics requires forecasting and planning and interoperability between providers.

Supply Chain Design Software 438

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 438

Supply Chain Shaman

OCTOBER 12, 2017

For all of the DDMRP believers and technology sales people wanting me to endorse products and methodologies, can we change the discussion this morning? I get the fact that today’s forecasts are not good enough to drive replenishment, and that rules-based consumption to translate monthly demand to daily demand was a mistake.

Supply Chain Planning Software 297

Supply Chain Planning Software Forecasting Software Demand Planning Software Supply Chain Software 297

ToolsGroup

JANUARY 6, 2022

To all of my supply chain, demand planning, and forecasting friends who found the year challenging (if not traumatic), rest assured: You were not alone then – and you’re not alone now. It’s time to re-think how our products are manufactured and distributed. Lesson #2: Finding solutions in warehouses and distribution centers. “We

Supply Chain Planning Software 290

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 290

The Logistics & Supply Chain Management Society

MARCH 22, 2022

Multiparty Networks are Proven Technology. For example, the One Network platform for supply chain planning and execution is used by the Ministries of Health in Nigeria, Ghana, and Rwanda, providing comprehensive inventory visibility across all health facilities for real time supply demand matching and collaborative decision making.

Supply Chain Planning Software 245

Supply Chain Planning Software Prescriptive Analytics Software Real-time Visibility Optimal Sourcing 245

Supply Chain Shaman

DECEMBER 7, 2023

Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supply chain resilience. Expand the “FLOW” program for logistics information sharing to forecast transportation flow. No technology in the market measures inventory health.

Supply Chain Design Software 316

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 316

Logistics Viewpoints

MAY 22, 2023

Do we have a demand forecasting tool in place and, if so, how good is that forecast? The purpose of data aggregation is, on one hand, to minimize the number of records you’ll be working with and, on the other hand, to reflect critical business patterns: order prioritization, customer segmentation, sourcing logic.

Supply Chain Design Software 226

Supply Chain Design Software Supply Chain Design Supply Chain Software Modeling Software 226

Logistics Viewpoints

JUNE 7, 2021

When companies implement a demand management or replenishment system, the goal is usually to improve customer satisfaction while holding less inventory. The implementation also involves leveraging weather data to improve forecasting. The forecasting projects were focused on secondary distribution. Forecasting is harder there.

Forecasting 203

Forecasting Forecasting Software Modeling Optimal Sourcing 203

Logistics Viewpoints

JUNE 1, 2023

Continuing Disruptions in Transportation and Sourcing Materials After the pandemic, retailers are faced with new challenges and disruptions due to global conflicts, trade restrictions, and now recessions. They are more likely to shop for discounts and sales and may delay purchases of some items.

Supply Chain Planning Software 243

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 243

Logistics Viewpoints

MAY 26, 2022

The pursuit of ever higher efficiency and speed have dominated transformation initiatives for more than forty years, driven in large part by the assumption that raw materials, commodities, warehouse space, transportation capacity and labor will be plentiful and immediately available at stable and often declining cost.

Logistics Network Optimization Software 313

Logistics Network Optimization Software Optimal Sourcing Supply Chain Design Software Modeling 313

Logistics Viewpoints

DECEMBER 17, 2024

However, logistics managers cannot deliver against todays goals with yesterdays TMS systems. To achieve traditional supply chain outcomessuch as reducing costs and managing lead timesTMS systems generate insight and foresight into these metrics during planning and execution processes.

Supply Chain Planning Software 171

Supply Chain Planning Software Procurement Solutions Supply Chain Software Cost Reduction Strategies 171

Logistics Viewpoints

AUGUST 9, 2022

How do we create systems that allow everyone in the ecosystem, from suppliers to transportation partners to retailers, to be not only more agile and responsive in the face of rapidly changing market conditions, but to be able to predict issues in advance and prevent them? What’s in manufacturing? Integration with other key systems.

Inventory Management Software 258

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 258

Supply Chain Shaman

JUNE 30, 2023

His organization purchased an advanced planning technology from well-known best of breed provider, and the implementation should have been successful, but it was not. The focus by Anne, the CIO, is on the deployment of an outdated ERP system purchased five years ago. Let’s focus first on John.

Supply Chain Planning Software 323

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Eliminating Excel in Purchasing 323

Logistics Viewpoints

APRIL 19, 2023

These decisions are made in a synchronized manner, using real-time or near real-time data, AI/ML and optimization technology, while having the humans setting the goals and managing the parameters. DC procurement is also automated by aggregating the needs of the MFCs. So how do companies achieve autonomous planning?

Supply Chain Planning Software 277

Supply Chain Planning Software Optimal Sourcing Supply Chain Planning Scenario Planning 277

SYSPRO Smarter ERP

JANUARY 12, 2022

Procurement in manufacturing companies is often not done correctly. With direct and indirect materials making up at least 50% of typical manufacturing costs, the procurement function could be re-imagined so companies can be more responsive to customer demands and more agile when dealing with supply chain challenges.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Supply Chain Planning Software 105

Supply Chain Shaman

NOVEMBER 15, 2021

Self-reported projections of the ocean carriers forecast that the industry is posting over $200B in profits. Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Today, we are nearing the end of the fourth quarter of corporate reporting. Retail shelves are increasingly empty.

Supply Chain Design Software 285

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 285

Logistics Viewpoints

FEBRUARY 28, 2022

Machine Learning, a Form of Artifical Intelligence, Has Feedback Loops that Improve Forecasting. Having an agent detect how long it takes to ship from a supplier site to a manufacturing facility, and then doing a running calculation on how the average lead time is changing, is trivial math. But that was pre-COVID.

Optimal Sourcing 317

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 317

Logistics Viewpoints

JULY 28, 2021

I am working on my latest Transportation Execution and Visibility Systems study, which looks at the total size of the market, the forecasted growth through 2025, and the leading suppliers across a number of categories including industry, region, customer size, and mode. Visibility solutions are becoming more necessary.

Real-time Visibility 263

Real-time Visibility Transportation Forecasting Software Predictive Analytics Software 263

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2022

The upcoming Tee Yih Jia facility consists of three warehouses — two cold rooms and one ambient temperature dry store — and features rack clad high bay warehouse with an automated storage and retrieval system (ASRS) which allows the automated placement and retrieval of high-volume loads from TYJ’s storage locations.

Supply Chain Software 245

Supply Chain Software Food Optimal Sourcing Optimization Software 245

SYSPRO Smarter ERP

SEPTEMBER 4, 2023

As data becomes a critical resource in modern organizations, business users are clamoring for tools to ease access to data for reporting and dashboards. Embedded analytics in different roles in manufacturing Finance EA can be used to optimize budgeting, financial planning, and forecasting.

Analytics Software 111

Analytics Software Manufacturing Procurement Supply Chain Planning Software Optimization Software 111

ToolsGroup

MARCH 17, 2020

With supply chain planning software you can automate the achievement of service levels, even under changing constraints resulting from major disruptions. Examples of this include expediting with LTL and air freight and costly in-network transfers from warehouse to warehouse–all of which erode profit margins.

Supply Chain Planning Software 215

Supply Chain Planning Software Modeling Scenario Planning Supply Chain Planning 215

The Logistics & Supply Chain Management Society

JULY 21, 2020

Digital technology continues to be the key mechanism for change and value creation. However, technology is a means to an end and not the end itself. This has proved to be a major source of risk. A significant paradigm shift in procurement and inventory control is an emerging area of focus.

Supply Chain Planning Software 233

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Agile and Lean Supply Chain 233

The Logistics of Logistics

FEBRUARY 11, 2022

Inventory Management vs. Warehouse Management. Original article: Inventory Management vs. Warehouse Management. That may be because a company might already have an inventory system and wonders what additional capabilities they will get with a new WMS. Inventory Management vs Warehouse Management: Main Differences.

Inventory Management Software 182

Inventory Management Software Inventory Management Warehousing Inventory 182

Logistics Viewpoints

SEPTEMBER 9, 2021

By working with a reliable digital transformation partner, retailers can accurately forecast future demand and product availability so they can dynamically adjust their stock levels to find the right balance between minimizing stock-outs and eliminating waste. Zeynep Hazal Tuncer is a Growth Specialist at Solvoyo.

Supply Chain Planning Software 246

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

ToolsGroup

OCTOBER 10, 2022

Like most industries, manufacturers around the world are feeling the pinch of inventory disruption brought on by shortages and other supply chain challenges. But manufacturers are unique. What is Manufacturing Inventory Control? What is Manufacturing Inventory Control? 4 Common Inventory Pitfalls Manufacturers Must Avoid.

Inventory Reduction 156

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Material Savings 156

AIMMS

MARCH 30, 2020

The examples below show you how to do this in AIMMS SC Navigator Apps, but we encourage you to study these scenarios in the tools you have at your disposal. . Using Demand Forecasting Navigator to Study Demand Trends. Study 3: Identify Optimal Sourcing Locations . Understand Exposure . Study 2: Inspect Demand Trends .

Supply Chain Disruption 348

Supply Chain Disruption Supply Chain Design Software Scenario Planning Supply Chain Planning Software 348