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. To define what exactly it is, a digital twin is a virtual replica of a physical asset, process, or system. changing the structure of the warehouse, modifying processes, etc.)

Modeling 259

Modeling Analytics Software Supply Chain Design Software Optimization Software 259

The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

Making predictions has become significantly more challenging after the last 18 months. 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.

Predictive Analytics Software 246

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

The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

Logistics & warehousing infrastructures are a critical part of any supply chain operational model. We see a renewed focus on inventory positioning, given the attention on supply chain risk management and the exponential growth in e-commerce activities, as well as higher demand for cold chain logistics. And why is this so?

Warehousing 245

Warehousing Supply Chain Software Supply Chain Design Software Modeling 245

Logistics Viewpoints

JANUARY 13, 2022

Understanding and assessing the tradeoffs between the costs of labor, inventory, transportation, and carbon footprint while going through these pivots will be crucial. As demand for last mile logistics intensifies, warehouses become the prime candidates for automation. Following technologies will play a major role.

Supply Chain Design Software 259

Supply Chain Design Software Predictive Analytics Software Supply Chain Planning Software Supply Chain Software 259

Logistics Viewpoints

JUNE 9, 2022

The hype usually revolves around just one item and can easily be managed by a modern logistics system. But what really gets the supply chain and warehouse managers in a sweat are extremely intense sales days or weeks such as the well-known Black Friday or Cyber Monday. Imagine a warehouse operating around the clock, 360 days a year.

Logistics Network Optimization Software 245

Logistics Network Optimization Software Analytics Software Optimization Software Forecasting Software 245

Logistics Viewpoints

DECEMBER 2, 2021

With Christmas goods in stores before Halloween this year, I thought there was no reason that we shouldn’t also get a jump on 2022 predictions. Machine learning will go mainstream in supply chain technology. Sustainability will become an opportunity, not a challenge for supply chains. Let me know.

Predictive Analytics Software 325

Predictive Analytics Software Predictive Analytics Waste Reduction Cost Reduction Strategies 325

Logistics Viewpoints

APRIL 29, 2021

Today’s DCs and fulfillment centers are a major driver of employment growth and a highly visible proving ground for autonomous robots and other next-generation technologies. For companies across industries, transforming existing DCs and narrowing this technology gap is key to competitive advantage in a changing economy.

Optimal Sourcing 159

Optimal Sourcing Optimization Software Supply Chain Design Software Supply Chain Planning Software 159

Logistics Viewpoints

JULY 30, 2024

But shippers looking to avoid disruptions and ensure that tight inventory levels don’t lead to missed sales opportunities pulled their orders forward. As companies look ahead to the next three to six months, they’re weighing costs, risks, and demand as they plan and adapt their inventory strategies.

Inventory Reduction 224

Inventory Reduction Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 224

The Logistics & Supply Chain Management Society

NOVEMBER 23, 2020

With the proliferation of technology, digital transformation has taken many industries by storm. The need for more visibility and control in logistics, is needed to closely monitor the activities related to their inventory, sales, and transactions. 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

DELMIA Quintiq

JUNE 21, 2021

Warehouse management is no longer the static element in the supply chain, but an area that’s ready for smart transformation. This makes warehouse digital transformation a reality in order to sustain business and thrive amidst increasing competition and market pressures. billion in 2020 and is projected to reach USD $14.18

Inventory Management Software 156

Inventory Management Software Optimization Software Supply Chain Planning Software Supply Chain Software 156

Logistics Viewpoints

JANUARY 31, 2023

As we turn the page on 2022 , I’d like to make five supply chain predictions about what to expect for 2023. The aggressive interes t rate hikes by the Federal Reserve are expected to ease as the year progresses, improving predictability and helping address rising cost concerns.

Predictive Analytics Software 230

Predictive Analytics Software Supply Chain Software Supply Chain Optimization Agile and Lean Supply Chain 230

Logistics Viewpoints

AUGUST 9, 2022

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 is challenging enough in normal times. So, what is it going to take to enable better inventory management?

Inventory Management Software 236

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 236

Logistics Viewpoints

APRIL 5, 2023

Essentially, digital transformation is the integration of digital technology into all areas of a business. Leading companies take a strategic approach, integrating digital technology throughout their value chains. Of this technology budget, an average of 30 percent is typically allocated to digital transformation.

Logistics Network Optimization Software 267

Logistics Network Optimization Software Analytics Software Predictive Analytics Software Inventory Management Software 267

Logistics Viewpoints

NOVEMBER 4, 2024

AI is not a new technology in the supply chain realm; it has been used in some cases for decades. 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.

Supply Chain Planning Software 274

Supply Chain Planning Software Modeling Optimal Sourcing Supply Chain Design Software 274

Logistics Viewpoints

FEBRUARY 2, 2022

Inflation’s effects on inventory management policies are likely far from top of the mind of Logistics Viewpoints readers in today’s challenging times. However, today’s elevated rate of inflation warrants a closer look at optimal inventory policies. Inventory Costs and Risks. Then there are the financial costs.

Inventory Management Software 281

Inventory Management Software Inventory Management Inventory Reduction Inventory 281

Logistics Viewpoints

SEPTEMBER 11, 2024

With faster, more reliable connectivity, logistics systems are becoming more efficient and automated. This allows vehicles to interact with each other, warehouse systems, and control centers with minimal delay. Maintenance predictions also benefit from the technology, allowing for proactive fleet management.

Logistics Network Optimization Software 257

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software 257

ToolsGroup

JANUARY 6, 2022

Predicting demand was never easy (with or without an astrologer), and, looking ahead, the challenges of global supply chain disruptions continue in 2022. Pre pandemic we were importing the majority of our inventory from East Asia, in particular China and Japan. 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

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. 5 Supply Chain Predictions for 2023 ; Dr. Madhav Durbha ( Coupa Software ) So much has changed in a year!

Logistics Network Optimization Software 269

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Predictive Analytics Software 269

PINC

JUNE 16, 2020

Investment Will Fuel PINC’s Strategy to Become a Global Category Leader in Supply Chain Management Software. Union City, CA – June 16, 2020 – PINC, the leader in digital yard™ solutions, today announced that it has secured a significant growth equity investment from Accel-KKR, a leading technology-focused private equity firm.

Supply Chain Planning Software 48

Supply Chain Planning Software Inventory Management Software Optimization Software Supply Chain Network Software 48

ToolsGroup

APRIL 13, 2020

Rafael: It has been a really helpful tool with which to go through this crisis. If you do the math there, you have to make 748,000 inventory decisions per month. So our main task now is to consolidate all the purchase and inventory decisions in one team. Decisions were made within 24 hours. We had to close within one day.

Supply Chain Planning Software 296

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

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

ToolsGroup

JANUARY 22, 2020

In my decades of working in replenishment and inventory optimization, I’ve noticed that many companies seek solutions to symptoms rather than the underlying problem. I want to let you in on a secret: software companies are happy to sell you something you don’t need. Let’s examine the first: inventory aging reports.

Optimization Software 199

Optimization Software Inventory Reduction Forecasting Software Supply Chain Planning Software 199

Logistics Viewpoints

APRIL 24, 2024

Mr. Elliott pointed to four main predictions for 2024, and then outlined the three pillars of how Körber will be able to meet the goals that align with these predictions. The three pillars are Team, Technology, and Insights. Five partners have been certified, Bricz, Cybage, enVista, Everest Technologies, and iWMS.

Course 249

Course Supply Chain Planning Software Predictive Analytics Software Optimization Software 249

ToolsGroup

FEBRUARY 7, 2021

What do you predict will be different for retailers in 2021? So a lot of researchers predicted or economists predicted that it will go to a de-globalization or to a re-nationalization. I think it’s more that the idea of sourcing and how to buffer certain inventory will be definitely more localized.

Predictive Analytics Software 295

Predictive Analytics Software Retail Modeling Forecasting 295

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. Another is looking at hospital bed utilization to predict market baskets. Don’t expect demand to be predictable. Translate this data into decision support technologies. Model Local Market Trends.

Supply Chain Planning Software 440

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

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 201

Supply Chain Design Software Supply Chain Planning Software Demand Planning Software Analytics Software 201

Logistics Viewpoints

MARCH 16, 2023

Körber Supply Chain Software (Körber SCS) hosted its 2023 Elevate User Conference in Orlando this week. The conference theme was finding your rhythm – a fitting metaphor for supply chains across the globe as they return to more predictable patterns after experiencing disruptive fits and starts over the last couple years.

Supply Chain Design Software 201

Supply Chain Design Software Predictive Analytics Software Modeling Software Supply Chain Network Software 201

Logility

OCTOBER 6, 2023

The key areas to consider when upgrading to the cloud include: The Value of Cloud Technology Cost Competitiveness Performance Expectations Upgrades Responsiveness Support Expertise & Response The Value of Cloud Technology Which business drivers and advantages are motivating companies to shift to the cloud?

Supply Chain Planning Software 192

Supply Chain Planning Software Modeling Software Supply Chain Network Software Optimization Software 192

Supply Chain Shaman

DECEMBER 27, 2022

The race started in 2016 as a foggy definition of digital appeared in supply chain marketing from technology providers. The numerous definitions across the supply chain technology and consulting providers are very different and often confusing. Yet, the models depict traditional supply chain software deployments. Digitalization.

Supply Chain Software 405

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

ToolsGroup

JANUARY 7, 2020

You can’t scan the headlines without coming across an article or advertisement about sustainability, but there is precious little information about how supply chain planning software supports green initiatives. Having the right inventory in the right location brings a variety of waste-reduction benefits.

Inventory Reduction 194

Inventory Reduction Supply Chain Planning Software Waste Reduction Vendor Strategies 194

The Logistics & Supply Chain Management Society

AUGUST 15, 2021

She explained that she owned a Warehouse Management System, purchased a Proof of Delivery Software as a Service, implemented a licensed-to-use Accounting & Distribution System, deployed a customised online Order Management System and that she is struggling with fragmented data and documents across these systems.

Supply Chain Design Software 246

Supply Chain Design Software Forecasting Software Predictive Analytics Software Modeling Software 246

GlobalTranz

SEPTEMBER 23, 2021

Fewer labor resources are available to meet the rising demand in both the warehouse and in transit. ? Talent shortages, especially limited drivers, will exacerbate the capacity crunch and result in shortages across warehousing and transportation simultaneously.? . Increasing fuel costs also play into the available capacity woes.?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

The Logistics of Logistics

OCTOBER 26, 2020

Warehousing 3.) Technology and 5.) Robert is the Co-Founder and CEO of a company that provides operational, sales, marketing, and technology support to over 100 3PLs, so he has a very thorough understanding of the business. these companies tend to invest in technology. Warehousing 4.) Technology 5.)

Logistics Network Optimization Software 244

Logistics Network Optimization Software 3PL Agile and Lean Supply Chain Colombia 244

GlobalTranz

JANUARY 16, 2019

If you’re running a warehouse, this will probably be your main goal, too. Protect Inventory You can’t function as a business without a well-stocked inventory. Still, some losses are a predictable expense and you can’t entirely eliminate them. Use proper control and alarm systems to keep it to a minimum.

Cost Reduction Strategies 226

Cost Reduction Strategies Expense Reduction Waste Reduction Vendor Strategies 226

Techgistics

APRIL 30, 2023

Future-proofing your warehouse operation is essential in a world where e-commerce is booming and customer expectations are sky-high. However, not all multi-agent orchestration platforms are created equal. Click here for a high level overview of multi-agent orchestration platforms. “ As a company’s fleet of robots grows.

Optimization Software 130

Optimization Software Predictive Analytics Software Optimal Sourcing Warehousing 130

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. As a result, demand planning is largely manual, inventory management is a series of manual inputs, and production planning is via spreadsheet.

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

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 252

Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software Optimization Software 252