Logility

JUNE 5, 2024

This urges a shift from the unsustainable practice of buffering against uncertainty with high inventory levels. Enter Inventory Optimization (IO) as a vital strategy to combat supply chain stress. Yet, recent research suggests a more advanced approach, Multi-Echelon Inventory Optimization (MEIO), surpasses traditional methods.

Optimal Sourcing 186

Optimal Sourcing Inventory Reduction Inventory Management Software Modeling 186

Logistics Viewpoints

AUGUST 9, 2022

Just last year many were chartering their own cargo ships to get all these goods to their destinations.) While consumers may see some short-term benefit in the form of discounted goods, many retailers have had to reset investor expectations , reflecting the expected hit on margins from carrying so much inventory.

Inventory Management Software 246

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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. Shippers and logistics service providers are faced with multiple challenges when trying to determine accurate shipment transit time estimates.

Predictive Analytics Software 358

Predictive Analytics Software Logistics Network Optimization Software Modeling Inventory Reduction 358

ToolsGroup

JANUARY 6, 2022

Just how bad were supply chain challenges in 2021? Pre pandemic we were importing the majority of our inventory from East Asia, in particular China and Japan. Covid has increased the amount of time it takes for foreign imports to reach us, and has significantly raised the price of importing products. Get the Free Playbook ?.

Supply Chain Planning Software 290

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Logistics Viewpoints

NOVEMBER 4, 2024

In mathematical terms, optimization is a mixed-integer or linear programming approach to finding the best combination of warehouses, factories, transportation flows, and other supply chain resources under real-world constraints. Now, ML forecasting is not just monthly or quarterly; weekly and even daily forecasting is now possible.

Supply Chain Planning Software 287

Supply Chain Planning Software Modeling Optimal Sourcing Supply Chain Design Software 287

Supply Chain Shaman

NOVEMBER 21, 2023

My client attempted to have a supply chain discussion to improve flow, and his executive group just did not get it. 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.

Supply Chain Planning Software 339

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

ToolsGroup

OCTOBER 17, 2024

Are you making the fatal mistake of underestimating the importance of inventory rebalancing? Many retailers treat inventory management as a mundane task rather than a strategic lever for success. It’s about strategically adjusting your inventory levels across locations and products in response to real-time customer demand.

Inventory Reduction 156

Inventory Reduction Cost Reduction Strategies Expense Reduction Resource Reduction 156

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.

Supply Chain Software 279

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

Logistics Viewpoints

JUNE 19, 2023

These same pundits also predict that AI could lead to increases in global GDP by trillions of dollars in the same time frame. However, AI’s inability to solve the very limited problem of ensuring that inventory is located in the right place in a warehouse suggests that planners don’t have to worry too much about job security.

Supply Chain Design Software 261

Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software Optimization Software 261

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

APRIL 15, 2020

Time to Know. Time to Act. For me, it is a heightened respect for time. For me, it is a heightened respect for time. The healthcare value chain was slow to respond—the majority of Personal Protective Equipment (PPE) was in Chinese warehouses. As the economy shut down, I sunk in a pit of despair. What can we learn?

Supply Chain Planning Software 440

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

Logistics Viewpoints

NOVEMBER 20, 2024

Transportation, warehousing, and manufacturing collectively contribute significantly to carbon emissions, making these areas critical for meaningful change. Warehousing operations also offer opportunities for sustainable transformation. Another crucial focus area is sustainable packaging.

Waste Reduction 244

Waste Reduction Sustainability Supply Chain Design Software Resource Reduction 244

Logistics Viewpoints

FEBRUARY 15, 2023

The survey is structured to determine the relative importance of competing objectives, how the importance has changed over time and why; the degree to which certain external factors (resource shortages, cost inflation, etc.) However, supply chain resilience is more than just a concept to practitioners.

Supply Chain Planning 231

Supply Chain Planning Optimal Sourcing Supply Chain Optimization Supply Chain 231

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

In the cloud, companies can deploy resources on an as-needed basis, rather than invest in additional servers and storage capacity that they may only need for a short time. Centralized information eliminates data silos and strengthens information sharing through real-time communication (instead of point-to-point data transmission).

Supply Chain Planning Software 298

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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. At the time, many business leaders did not know how to type and had no idea how to use a computer.

Inventory Reduction 403

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

The Logistics of Logistics

OCTOBER 26, 2020

Warehousing 3.) Sometimes 3rd party logistics companies are described as: Asset-based – companies that own actual assets like trucks, boats, planes, warehouses. Warehousing 4.) Warehousing Services. 3PL Basics: An Introduction to 3rd Party Logistics with Roberto Cadena. Transportation 2.) Logistics 4.) Technology and 5.)

Logistics Network Optimization Software 244

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Logistics Viewpoints

SEPTEMBER 2, 2024

FabFitFun Warehouse in Chino, CA FabFitFun is an interesting retailer with a complex supply chain. They have been successful enough with their fulfillment capabilities that they are no longer just a direct-to-consumer retailer; they are also a third-party logistics provider. It’s just so exciting,” McKellar says. “A

Logistics Network Optimization Software 227

Logistics Network Optimization Software Retail Material Savings Logistics 227

Logistics Viewpoints

JULY 1, 2024

Locus Robotics Has Introduced a new Robot with a Heavier Payload Historically, a warehouse management system used slotting and waving functionality to optimize the work in a distribution center. Waving intelligently groups the tasks that need to be completed to reduce associate travel times and improve throughput.

Optimization Software 234

Optimization Software Supply Chain Planning Software Supply Chain Optimization DC 234

Logistics Viewpoints

MAY 10, 2021

This new infrastructure will allow the retailer to expand ecommerce assortment while reducing both shipping time and cost. Walmart is making investments in warehouse automation in distribution centers to deliver aisle and department-ready pallets to stores. billion, just 2.8% Walmart’s fiscal 2021 ended on January 31 st.

Supply Chain Planning Software 259

Supply Chain Planning Software Supply Chain Software Supply Chain Transformation Inventory Reduction 259

Logistics Viewpoints

JUNE 21, 2023

It introduced the survey we had just launched to determine the perceptions, priorities, and strategic initiatives of today’s supply chain and logistics executives. We conducted ARC Advisory Group’s survey at the same time as the Conference Board updated its C-Suite Outlook for 2023.

Supply Chain Planning Software 272

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain 272

Logistics Viewpoints

JUNE 13, 2022

But rip and replace is expensive, time consuming, and risky. Their large footprint stores sell a wide variety of goods besides just healthcare items. Instead of rip and replace, why not just augment the existing solution? That means different things to different people. Isn’t there a better way? Walgreens thought so.

Supply Chain Planning Software 324

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Logistics Viewpoints

AUGUST 2, 2021

FourKites is a leading provider of real-time transportation visibility solutions. With their transportation visibility solution they were able to see a scorecard that let them proactively see what inventory on a shipment was at risk of arriving late. Not surprisingly, many of FourKites’ users work in transportation operations.

Real-time Visibility 258

Real-time Visibility Shipping Sourcing Strategies Supply Chain Planning Software 258

Logistics Viewpoints

JANUARY 10, 2024

Often times at Logistics Viewpoints, we like to look to the future and highlight the key trends that we see in a given market, or make predictions about what technologies will emerge as game changers in the new year. If you haven’t attended recently, it is an unmatched display of warehouse automation, robotics, and software systems.

Logistics Network Optimization Software 284

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Predictive Analytics Software 284

Supply Chain Shaman

DECEMBER 30, 2021

When the ball drops on Times Square to welcome in 2022, the employees at the Port of Long Beach will celebrate moving 9 M TEUs in imports: a 26% increase year-over-year. As ports become more congested, lead time variability increases. As I rolled holiday cookies in my hands, I watched TV. As I watched, I shook my head. I am worried.

Supply Chain Design Software 438

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Logistics Viewpoints

JANUARY 5, 2022

COVID-19 has greatly impacted supply and demand, and it’s reasonable to assume that COVID-19 impacts will be with us to one degree or another for some time. The disruptions caused by COVID-19 came in the form of port delays, warehouse quarantine requirements , and travel restrictions. We expect direct impacts to diminish in 2022.

Predictive Analytics Software 360

Predictive Analytics Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 360

Logistics Viewpoints

JUNE 9, 2022

The good news is that these peaks come at about the same time every year and can therefore be easily planned for. The hype usually revolves around just one item and can easily be managed by a modern logistics system. Imagine a warehouse operating around the clock, 360 days a year. Peaks are all so different.

Logistics Network Optimization Software 260

Logistics Network Optimization Software Analytics Software Optimization Software Forecasting Software 260

Logistics Viewpoints

MAY 12, 2022

Amidst ongoing uncertainty caused by COVID-19 lockdowns in Asia, war in Europe, scarce raw materials and steep inflation, companies are stockpiling inventory as never before in the hopes of mitigating future supply chain shocks. As soon as inventory hits the yard, it gets lost in a shuffle of trailers.

Supply Chain Design Software 214

Supply Chain Design Software Supply Chain Planning Software Demand Planning Software Analytics Software 214

ToolsGroup

SEPTEMBER 4, 2024

In the fast-paced world of retail, every decision counts—especially those related to inventory management. Stockouts are one of the most direct and visible consequences of poor inventory management. This loss compounds over time, especially during high-demand periods like Q4. So, how much are you really losing?

Inventory Management Software 156

Inventory Management Software Inventory Reduction Cost Reduction Strategies Inventory Management 156

Logistics Viewpoints

APRIL 24, 2024

This is my first time attending Körber Elevate, and it did not disappoint, with over 800 attendees, 60 thought provoking sessions, and lots of networking and learning opportunities. As part of this ecosystem, partners can get certified through Körber for Warehouse Advantage, which is the first product for certification.

Course 264

Course Supply Chain Planning Software Predictive Analytics Software Optimization Software 264

Logistics Viewpoints

FEBRUARY 17, 2022

It would just print order tickets and permit a picker to create a batch unit of work by scanning a bunch of tickets together into a single unit of work. In the case of this retailer, all its major operational aspects – such as directed put away, replenishment, and inventory management – were running just fine.

Optimization Software 231

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Supply Chain Shaman

APRIL 30, 2020

The companies are just not good at managing inventories and orchestrating distribution strategies. My left arm hurts. I have been on a waiting list to get the shot for three years. This week, I rolled up my sleeve and got the Shingrix vaccine. Glaxo SmithKline introduced Shingrix in 2017, but shortages prevailed. I now understood.

Supply Chain Design Software 355

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Software 355

The Logistics & Supply Chain Management Society

AUGUST 15, 2021

Companies now need to be communicating in real-time, while meeting higher demands and increase in volume of transactions. Warehouse and logistics operators are under more pressure than ever to keep goods moving quickly, without losing any ground in accuracy and visibility. Supply chains are now at the fore of many businesses.

Supply Chain Design Software 246

Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain Demand Planning Software 246

Logistics Viewpoints

JANUARY 11, 2023

These trends and technologies include the network effect, innovation in transportation management systems, time slot management applications, autonomous trucks, and the future of last mile deliveries, specifically looking at autonomous mobile robots and drones for home delivery. Top 20 Warehouse Automation Suppliers Worldwide ; Clint Reiser.

Logistics Network Optimization Software 253

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 253

Logistics Viewpoints

JANUARY 26, 2024

I have often written about legal issues and battles in California, as the state has been in the news for its warehouse and trucking emission rules, independent contractor rules for gig workers, and union disagreements at ports. The fund had a slow start with reportedly just $110 million invested into startups in its first year.

Logistics Network Optimization Software 270

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Logistics Viewpoints

NOVEMBER 18, 2024

If the team just delivers something to regional executives and they’ve had no input, they question the results. So, if the model shows that by shutting down some warehouses and moving others, $10 million can be saved, the team will only promise $5 million. One essential tool used by the supply chain team is supply chain design.

Supply Chain Design Software 239

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Planning Software 239

Logistics Viewpoints

APRIL 26, 2023

I kicked off a research project on the global warehouse management systems (WMS) integration and consulting market. The research is focused on those organizations that are WMS specialists – meaning that warehouse consulting is a major part of the organization’s business. He provided me with some great context for my research.

Supply Chain Design Software 285

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Logistics Viewpoints

JULY 14, 2022

The available talent pool of drivers, warehouse associates and other employees is small, which creates staffing volatility. Just as important, they connect the end-to-end value chain digitally, so all partners can participate in a shared response. Customers’ needs and expectations are constantly changing. A North America?n

Logistics Network Optimization Software 286

Logistics Network Optimization Software Supply Chain Planning Software Optimization Software Real-time Visibility 286