Intelligent Audit

NOVEMBER 10, 2021

With the 2021 peak season, RFP and modern supply chain management remains essential today in the shipping and transportation market. The high priority focus on RFPs and carrier network optimization will continue to impact services and shipping protocols well into 2022 and beyond. What Is Carrier Contract Optimization?

Optimal Sourcing 52

Optimal Sourcing Network Optimization Software Network Optimization Supply Chain Network Software 52

Supply Chain Shaman

APRIL 18, 2023

As consumer spending fell, the days of escalating ocean freight and extreme shipping variability eased this year. For organizations layered in functional metrics and driving a cost agenda, this is a tough nut to crack. Yes, better optimizers are a blessing, but now, focus small to visualize and align on alternatives.)

Supply Chain Planning Software 390

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 390

Logistics Viewpoints

JULY 30, 2024

For retail and consumer packaged goods (CPG) companies, the busy shipping season came early. Inventory strategies are increasingly focused on optimizing stock locations — what to hold and where, especially for inventory not immediately sold. The peak inbound season typically starts around this time of year.

Inventory Reduction 233

Inventory Reduction Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 233

Intelligent Audit

MARCH 23, 2021

Many factors play into shipping costs within the supply chain network. Executive team managers across the board have to focus on optimizing spending and reducing costs and expenses. Optimizing shipping costs and examining the budget and current spending will help improve operations across the supply chain network. .

Optimal Sourcing 52

Optimal Sourcing Analytics Software Optimization Software Cost Reduction Strategies 52

Intelligent Audit

OCTOBER 19, 2022

Recent trends, from rate fluctuations to tight capacity, have underscored the need look deeper at shipping networks, whether plumbing for more efficient routes or revisiting carrier contracts. What is Shipping Data? Shipping data encompasses thousands of inputs across hundreds of metrics. Here are a few examples.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Network Optimization Price Mitigation Strategies 52

BlueYonder

OCTOBER 9, 2023

Drought conditions at the Panama Canal are not a good match for its high water demands; it takes at least 50 million gallons of water , with some sources citing much more, to move a single ship through the 51-mile waterway. Under normal operating conditions, the Panama Canal handles 36 to 38 ships per day. This year, the U.S.

Optimal Sourcing 97

Optimal Sourcing Modeling Optimization Software Supply Chain Optimization 97

RFgen

NOVEMBER 20, 2024

You’re expected to ship more orders, faster, with fewer errors — all while managing rising costs and shrinking labor pools. These strategies optimize warehouse performance and reduce costs. Warehouse operators are under constant pressure to do more with less. Think about it: How much time is wasted hunting down misplaced inventory?

Inventory Reduction 80

Inventory Reduction Inventory Management Software Waste Reduction Cost Reduction Strategies 80

Kinaxis

MARCH 22, 2017

But the sheer complexity of supply chain networks, and the impact design decisions have on operational performance, makes supply chain inventory management aligning inventory investments with on-time customer delivery and margins a major challenge. Implementing inventory optimization. Single vs. multi-echelon inventory optimization.

Optimal Sourcing 196

Optimal Sourcing Supply Chain Optimization Network Optimization Inventory Reduction 196

Supply Chain Shaman

NOVEMBER 21, 2023

The warehouse I ran just completed a consolidation of three shipping centers. The analysis, based on network optimization assumed average loading, and did not account for the swings. So, I was always struggling on a daily basis to establish a feasible plan to ship 180 trucks out of 22 doors in a twenty-four-hour operation.

Supply Chain Planning Software 342

Supply Chain Planning Software Inventory Reduction Supply Chain Design Software Cost Reduction Strategies 342

GlobalTranz

NOVEMBER 30, 2021

When you track transportation metrics and KPIs like transit time, on-time pickups, and percent of truckload capacity utilized across your carrier partners, you can identify trends and opportunities for streamlined OTR transportation management. Analytics provides visibility into your transportation network and operations. a shipment?doesn’t

Optimal Sourcing 221

Optimal Sourcing Rail Software Transportation Sourcing Strategies 221

ThroughPut

OCTOBER 20, 2022

AI-driven Geospatial Capabilities to Enable Businesses to Avoid Choked and Unprofitable Distribution Routes and Optimize On-Time, In-Full (OTIF) Deliveries. This in turn helps uncover network optimization opportunities, sense demand at the local level, and proactively audit material flow right down to the individual SKU’s.

Optimal Sourcing 52

Optimal Sourcing Network Optimization Software Network Optimization Supply Chain Optimization 52

Logistics Viewpoints

JUNE 19, 2023

In dynamic slotting, goods for which there is high demand are located nearer to the shipping docks to minimize travel. It is better to receive inventory on a loading dock, take the inventory needed for a hot shot shipment, and move that inventory through the DC to a shipping dock where it is loaded on a truck. Let me explain this.

Supply Chain Design Software 258

Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software Optimization Software 258

Locus

JULY 24, 2023

Retailers should find ways to optimize truckloads to reap benefits. Less than Truckload (LTL) LTL is the democracy of shipping. How do we optimize these loads? Typically supply chain managers at shipping companies would resort to cost cutting strategies and use of legacy solutions. It’s all about sharing space.

Optimal Sourcing 52

Optimal Sourcing Resource Reduction Optimization Software Modeling 52

QAD

NOVEMBER 8, 2022

In a recent article in MD+DI , QAD Life Sciences Director Jennifer Petrosky describes essential ways to optimize the medical device supply chain. End-to-end transparency relates to internal and external data sources to identify leading lagging metrics in such areas as data security, operations, organizational maturity and compliance.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Optimization Sourcing Strategies Supply Chain Planning Software 98

Logistics Viewpoints

FEBRUARY 21, 2022

A network design model figures out where factories and warehouses should be located. The key solutions are demand forecasting/inventory optimization, supply planning, and network design. The key solution for this is network design. Supply and network design models are constraint-based models. No plan is.

Supply Chain Planning Software 290

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 290

ToolsGroup

JUNE 2, 2023

This is especially prevalent in organizations that have experienced growth through mergers and acquisitions and now need to reconcile multiple ERP, WMS, shipping, and transportation systems. Plus, accurate inventory information is the key to optimal decision-making. How do they achieve this? Looking to Get Started?

Real-time Visibility 294

Real-time Visibility Manufacturing Procurement Optimal Sourcing Inventory Reduction 294

Intelligent Audit

MARCH 21, 2022

With the state of the global and domestic supply chain currently and the still backlogged nature of many shipping lanes and modes, the need for personalized freight hauling services is higher than ever before. Freight hauling services are most impactful when unified and optimized across all accounts, teams, and management.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Supply Chain Optimization Network Optimization 52

ShipBob

FEBRUARY 3, 2023

By monitoring particular metrics over time across your online sales, in-store sales, and operations, you’ll gain quantitative insights into your business performance. A retail KPI (or “Key Performance Indicator”) refers to a quantifiable metric used to measure how a retail business is performing. Why are retail metrics important?

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

Intelligent Audit

MAY 2, 2022

As highlighted by Transport Topics in a January 2022 article discussing freight shipping analytics, “ Data shows total truckload rates year-over-year are holding around 12% higher. Why Supply Chain Optimization Matters in the Current Market and Economy. These steps to optimization also mean following a few core steps.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Analytics Software Predictive Analytics 52

GlobalTranz

OCTOBER 6, 2021

As the state of the trucking market evolves and innovations improve , OTR freight management technologies and logistics service providers offer transportation management optimization to help businesses avoid significant supply chain disruption. Rapid Scalability and Leveraging the Collective Buying Power of a Large 3PL .

Prescriptive Analytics Software 216

Prescriptive Analytics Software Analytics Software Optimal Sourcing Supply Chain Network Software 216

ThroughPut

JUNE 17, 2024

If you find yourself stuck between optimizing routes, cutting costs, responding with agility to fluctuating demands, and managing your fleet and labor efficiently, this blog is tailored for you. Here’s a detailed look at how one such tool, ThroughPut AI, optimizes logistics processes and distribution for multiple industries.

Optimization Software 52

Optimization Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 52

Logistics Viewpoints

JANUARY 23, 2024

The company can connect all aspects of the execution process, including labor cost and capacity, warehouse capacity, and shipping, and then integrating all of this data into their data cloud platform for a holistic view of OMS, TMS, and WMS. Manhattan also spoke about returns, as they use their routing optimization engine for returns.

Supply Chain Planning Software 240

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 240

Logistics Viewpoints

JUNE 1, 2023

The increasing need for constantly analyzing these trade-offs across the supply chain networks has highlighted the need for digital twins and what-if capabilities in network design solutions. This means continuously assessing the trade-off between the total cost to serve and meeting customer demand and minimizing lost sales.

Supply Chain Planning Software 217

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 217

Intelligent Audit

JANUARY 7, 2021

Logistics optimization is an integral part of business growth and success. According to Supply Chain 24/7 , “Supply chain and logistics optimization are neither easy nor cheap, but it is the biggest opportunity for most companies to reduce their cost and improve their performance significantly. Embrace Data Analytics and Applications.

Analytics Software 64

Analytics Software Optimization Software Network Optimization Supply Chain Optimization 64

Intelligent Audit

NOVEMBER 5, 2021

In recent years, shipping GRIs among carriers tend to be around 3% to 5% each year. This average shipping rate increase index is a reflection of how carriers look to balance demand with capacity, but it’s not always the same. Fifteen actionable steps that mitigate higher shipping rates’ impact. Real-Time Dashboards.

Expense Reduction 52

Expense Reduction Cost Reduction Strategies Inventory Reduction Material Savings 52

ThroughPut

DECEMBER 8, 2023

Prescriptive analytics is a type of advanced analytics that optimizes decision-making by providing recommended actions based on the insights gained from descriptive, diagnostic, and predictive analytics. How Prescriptive Analytics Has Been Driving Value In Supply Chain Optimization? What Is Prescriptive Analytics in Supply Chain?

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

6 River Systems

DECEMBER 13, 2019

Optimizing your warehouse means examining every corner of your infrastructure and every facet of your workflows and processes to identify and correct inefficiencies. Not only does warehouse optimization result in a healthier bottom line, but it also improves key warehouse metrics like accurate orders and on-time delivery.

Optimal Sourcing 81

Optimal Sourcing Optimization Software Price Mitigation Strategies Modeling 81

Logistics Viewpoints

FEBRUARY 2, 2024

While I like his optimism, I’ll believe it when I see it. Amazon achieved its fastest-ever global shipping times last year but isn’t resting on its laurels. The fall came as airfreight rates were under pressure last year due to flat demand and increasing capacity as networks were re-established following the Covid pandemic.

Cost Reduction Strategies 266

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 266

SCMDOJO

JUNE 6, 2023

For businesses to succeed, supply chain optimization is essential to succeed. Supply chain optimization can achieve this with the help of data analytics. How does data analytics help supply chain optimization? Both of which are crucial components for an optimized supply chain. Why is it crucial?

Optimal Sourcing 72

Optimal Sourcing Modeling Supply Chain Optimization Analytics Software 72

ShipBob

DECEMBER 13, 2023

Maintaining a balanced level of ecommerce inventory so that you can achieve maximum profitability is what optimizing inventory health is all about. Optimized storage space: Prevents overstocking, maximizing warehouse utilization. These metrics provide valuable insights into how well your inventory is managed.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Inventory Management Software 52

Logistics Viewpoints

JULY 19, 2023

A few ways companies can begin to offset their carbon footprint is to take a deeper look at product packaging, energy efficiency, alternative fuels, route optimization, and returns and recycling programs. One area of concern for the long-term health of the world is the use of packaging in both the manufacturing and shipping of products.

Sustainability 209

Sustainability Optimal Sourcing Logistics Material Savings 209

GlobalTranz

SEPTEMBER 23, 2021

Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing.? Such congestion naturally leads to bottlenecks in planning drayage and eventual increases in the total cost of shipping, not to mention an added strain on trucking as the bottlenecks grow.? transportation metrics ?that

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Logistics Viewpoints

SEPTEMBER 19, 2023

To achieve these goals, corporate leadership must focus on two key areas: shift from internally focused supply chains to collaborative supply networks and actively design their supply chains. With expansion of supply chains into supply networks globally, there is an increased chance of disruptions caused by various kinds of risks.

Supply Chain Design Software 261

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 261

Logistics Viewpoints

JULY 22, 2021

This can result in a messy supply chain network and flows that adversely impact cost-to-serve as can be seen in figure 1 in case of a distribution intense company we worked with. This network evolved over a period of time as the company went through significant shifts such as acquisitions and launching of several new products.

S&OP 268

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 268

Intelligent Audit

DECEMBER 22, 2020

The key to better logistics is a streamlined system that utilizes business intelligence and processes that yield transportation optimization. However, the efficacy of optimization, guided by business intelligence is only effective if you have quality data history and validity that provide actionable insights. Lack of external data.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Analytics Software Supply Chain Software 52

Locus

JULY 10, 2023

Read also: Retailer guide to peak season shipping But there’s a catch. We’ve discussed at length the role of route optimization , order management, and reducing Time Under The Roof , among others. Let’s look at the numbers for a moment: Statista predicts that global e-commerce sales will hit an astounding $8.1

Supply Chain Optimization 52

Supply Chain Optimization Real-time Visibility Optimization Software Agile and Lean Supply Chain 52

GlobalTranz

DECEMBER 8, 2021

Given these disruptions, supply chain resiliency will be a critical factor in ensuring the success of your network. Introduce your company and your unique shipping needs. Include questions about their business history, coverage area, network size, and any relevant certifications. 10 Freight RFP Components for Success.

Freight 226

Freight Network Optimization Software Modeling Logistics Network Optimization Software 226