Logistics Viewpoints

DECEMBER 18, 2024

Proactively adopting cleaner energy sources ensures alignment with these evolving regulations. The industry’s dependency on traditional energy sources necessitates an urgent shift toward cleaner alternatives. Advanced route optimization tools further support these goals.

Optimal Sourcing 192

Optimal Sourcing Material Savings Supply Chain Design Software Supply Chain Planning Software 192

Logility

AUGUST 5, 2021

This means routinely bringing together the C-suite, finance, supply chain, manufacturing, sales and marketing teams so everyone is seeing, working from and agreeing to an aligned plan that achieves optimal business outcomes. The SCOR model contains more than 150 key indicators that measure the performance of supply chain operations.

Metrics 130

Metrics Modeling Supply Chain Planning Software Supply Chain Design Software 130

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

With its ability to derive insights from vast amounts of data and derive insights, generative AI has emerged as a valuable tool to optimize supply chain operations. AI models have grown tenfold, representing a step-change in AI capabilities, creating new use cases across the supply chain. Generative AI is all about scale.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Supply Chain Shaman

MARCH 21, 2022

” Corporations serve international markets, and the source of rare minerals (so critical for the evolution of the green supply chain) is primarily Asia. Others argue the demise of global sourcing; might I add caution? Yet, transportation optimization products focus on managing price, not constraints.

Modeling 284

Modeling Supply Chain Planning Software Supply and Demand Supply Chain Design Software 284

Kinaxis

AUGUST 29, 2014

Supply Chain Insights recently published a Metrics That Matter report covering both the Semiconductor and Hard Disk Drive (HDD) industries. Semiconductor is poised to consolidate, which will have huge impact on the metrics. by CJ Wehlage. Success, provided they monitor the 7 “elephants” in the room. Global pressure.

Metrics 171

Metrics Supply Chain Planning Software Manufacturing Procurement Thailand 171

Logistics Viewpoints

JULY 23, 2024

Without sufficient data, AI models can’t uncover meaningful patterns, make accurate predictions, or provide valuable insights for informed decision-making in complex and dynamic environments. At the same time, feeding your AI models too much data can also be a problem. ERP, CRM, SCM), external sources (e.g.,

Optimal Sourcing 257

Optimal Sourcing Agile and Lean Supply Chain Supply Chain Software Modeling 257

Logistics Viewpoints

APRIL 21, 2021

What is the Perfect Delivery Metric? Improving on this metric will always involve a focus on people and processes, but often also includes implementing new, more robust, supply chain applications. The wrong metrics drive suboptimal behaviors and metrics can often be manipulated.

Sourcing Strategies 255

Sourcing Strategies How To Supply Chain Design Software Supply Chain Planning Software 255

Logility

MARCH 21, 2024

During this time, the same AI tools that underwrite new technologies have been key in improving efficiency and optimizing all areas of logistics and supply chain processes including forecasting, supply planning, inventory management, manufacturing, network optimization, and more. trillion parameters.

Optimal Sourcing 224

Optimal Sourcing Supply Chain Planning Software Modeling Software Inventory Reduction 224

Supply Chain Shaman

FEBRUARY 26, 2024

Can you describe the outside-in model? Based on the work with Georgia Tech, we are getting clear on which metrics matter by industry. As companies adopt a balanced scorecard, the functional metrics shift to a focus on reliability. Based on market conditions, the meat packer will shift to optimize the demand opportunity.

Modeling 207

Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 207

Supply Chain Shaman

MARCH 9, 2020

Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods.

Supply Chain Design Software 308

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 308

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Supply chain planning involves interaction with different types of information based on internal and external data sources. These data sources are often spread across multiple platforms and come in various formats.

Supply Chain Planning Software 275

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 275

The Logistics of Logistics

NOVEMBER 5, 2024

During his tenure in the industry, he built innovative pricing and forecasting models, leveraging internal and external data sources to improve internal decision-making and increase profitability. Prior to joining DAT, Adamo led the pricing and decision science teams at FedEx.

Optimal Sourcing 204

Optimal Sourcing Freight Analytics Software Forecasting 204

Talking Logistics

JANUARY 7, 2016

Supply chain optimization is a widespread term, but did you know that an optimized supply chain is not necessarily a resilient one? There are four steps businesses can apply to understand and improve the resiliency of their supply chain network: Assess: Use all modeling and analytics to identify areas of risk.

Modeling 70

Modeling Supply Chain Design Software Supply Chain Design Modeling Software 70

ToolsGroup

APRIL 25, 2019

Without baseline metrics on what you want to improve on and why, how can you be confident your strategy is working? And because machine learning systems get smarter over time, having a consistent method of measurement is even more important to ensure you can accurately track how outcomes and ROI are improving against established metrics.

Supply and Demand 227

Supply and Demand Demand Planning Modeling Supply Chain Planning Software 227

Supply Chain Shaman

JANUARY 14, 2013

Year after year, well intentioned people toiled against improving metrics that reduced, not improved, the effectiveness of the supply chain. I like Amazon and Apple, and I admire the leadership within each of these companies that had the courage to redefine business models. Metrics comparison of Kellogg Co. You got it!

Supply Chain Planning Software 260

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 260

Logistics Viewpoints

NOVEMBER 20, 2024

Meanwhile, advances in AI-driven route optimization reduce unnecessary mileage, cutting emissions and costs. Smart energy management systems further enhance efficiency by tracking and optimizing energy use in real-time. Ethical sourcing is a fundamental aspect of social sustainability.

Waste Reduction 228

Waste Reduction Sustainability Supply Chain Design Software Resource Reduction 228

Logistics Viewpoints

JULY 22, 2021

As product flows rapidly shifted and hard baked assumptions about lead times and sourcing locations were put to test, users across many organizations bypassed their planning systems and turned to excel sheets, internal data science teams or non-traditional supply chain vendors who could deliver AI based solutions at a faster turn.

S&OP 260

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 260

Supply Chain Opz

JANUARY 7, 2013

1) Apples Supply Chain Model. Supply Chain Model of Apple Inc. Apple Inc purchases raw materials from various sources then get them shipped to an assembling plant in China. . Some components are currently obtained from the single or limited sources. But, is Apples Supply Chain really the number 1? Inventory Turnover.

Case Study 279

Case Study Study Negotiating Skills Supply Chain Planning Software 279

Supply Chain Shaman

JUNE 6, 2013

Closing the gaps happens when there are aligned metrics, clarity of vision and aligned planning processes. It combines decisions across sell, deliver, make and source processes to drive value based outcomes. This includes optimization and discrete event simulation. Metrics Alignment. They lack cohesion.

Supply Chain Planning Software 279

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 279

Logistics Viewpoints

MARCH 9, 2023

This is because most classical planning solutions lack the modeling capability and computing power to accommodate different data sources, large SKU count, and detailed constraints and contingencies to build an immediately executable plan. each with discrete plans generated typically in sequential batch runs.

Supply Chain Planning Software 216

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 216

Supply Chain Shaman

FEBRUARY 13, 2020

Not all data is forecastable, and not all demand optimization engines are equal. The more forecastable the data set, the easier it is to find an optimizer. In addition, there is often a seasonal, new product launch and service supply chain logical model. To be successful, each logical supply chain model needs different tactics.

Optimal Sourcing 234

Optimal Sourcing Modeling Forecasting Supply and Demand 234

DELMIA Quintiq

DECEMBER 14, 2021

According to the UN Environment Program’s Food Waste Index, 923 million metric tons of food is wasted globally every year. Source: [link]. By creating greater transparency throughout food supply chains, manufacturers can identify where the wastage happens and solve the problem at the source.

Waste Reduction 296

Waste Reduction Food Optimal Sourcing Material Savings 296

RFgen

NOVEMBER 27, 2024

It’s the key to transforming your supply chain from a source of frustration into a well-oiled, profit-generating machine. By harnessing the power of data science and analytics, you can gain end-to-end visibility across your entire network, breaking down information silos and optimizing every stage of your operations.

Optimal Sourcing 82

Optimal Sourcing Supply Chain Optimization Modeling Inventory Reduction 82

Logility

JULY 9, 2021

The quality of supply chain operations is critical to evolve business models, deliver new products and services, seize new opportunities, respond to market dynamics, and mitigate risks across strategic operations. Comparing a supply chain planning platform against an ERP system that offers supply chain management capabilities is a challenge.

Supply Chain Planning Software 205

Supply Chain Planning Software Supply and Demand Supply Chain Software Optimal Sourcing 205

Logistics Viewpoints

SEPTEMBER 19, 2023

Supply chain executives must evolve from cost and service as the key objectives for optimal demand-supply balancing towards the “quadfecta” of cost, service, resiliency, and sustainability. Metrics such as lead-times, forecast accuracy, inventory levels, and service are used to measure operational risks. are most exposed to risk?

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 250

Supply Chain Shaman

JUNE 14, 2014

But companies often have diverging incentives and interests from their supply chain partners, so when they independently strive to optimize their individual objectives, the expected result can be compromised. ”. I think about this discussion with Keith often as I work on the Supply Chain Index and edit the chapters of Metrics That Matter.

Manufacturing Procurement 285

Manufacturing Procurement Optimal Sourcing Procurement Analytics Modeling 285

ToolsGroup

MAY 3, 2016

If you (or your boss) are measured by your company's Return on Invested Capital (ROIC) or a similar metric, then you want to turn assets into cash. Inventory optimization is one proven way to do it. That's where inventory optimization comes in. Inventory optimization software bolts onto your existing management solutions.

Optimal Sourcing 120

Optimal Sourcing Modeling Inventory Reduction Optimization Software 120

Supply Chain Shaman

MARCH 18, 2018

Financial reengineering focuses on the optimization of short-term results that are usually based on a functional analysis of source, make, or deliver. Few consultants understand the interrelationships between source, make and deliver. Snow fell last night as I worked on my last Supply Chain Metrics That Matter report.

Optimal Sourcing 172

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Optimization 172

SCMDOJO

JANUARY 9, 2025

Strategic sourcing and innovative solutions are often viewed as two distinct procurement tools, but they should not be seen in isolation. Strategic Sourcing: The Foundation of Effective Procurement Strategic sourcing is far more than simply choosing suppliers. Done well, it can become a key driver of competitive advantage.

Optimal Sourcing 74

Optimal Sourcing Manufacturing Procurement Procurement Solutions Negotiating Skills 74

Supply Chain Shaman

JULY 22, 2019

Companies performing the best have three characteristics: Business Model Innovation. The source data for the analysis comes from Ycharts.). We selected these metrics based on correlation work with Arizona State University in 2012. Functional excellence, when taken to an extreme sub-optimizes the supply chain. (The

Supply Chain Design Software 254

Supply Chain Design Software Supply Chain Planning Software Gartner Supply Chain Software 254

ivalua

JUNE 29, 2020

Being a glass half full kind of person, there is a giant opportunity ahead to improve and optimize. Quite often there can be a general lack of spend and vendor management and strategic sourcing activities. Ultimately, BSW was able to improve a key metric (Supply Expense as a % of Net Patient Revenue) and generate millions in savings.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

Logistics Viewpoints

APRIL 6, 2023

Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services. Optimize sourcing: Focus on optimizing sourcing spend across all categories of products. Conduct this resiliency test for all categories of products and suppliers.

Optimal Sourcing 206

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 206

Supply Chain Shaman

FEBRUARY 27, 2020

The promise of mathematical engines to improve business decision making is the basis of the supply chain planning, trade promotion management, revenue optimization, and supply chain execution markets for transportation/logistics. Historically, the design of the data model drove software market positioning. The fit of the data model.

Analytics Software 245

Analytics Software Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 245

RFgen

DECEMBER 19, 2024

But between rising costs, complex logistics, and the constant struggle to optimize space and labor, staying ahead can feel like an uphill battle. That’s where warehouse optimization comes in. Here’s what you can expect: A clear definition of warehouse optimization and its core components. Ready to get started?

Optimal Sourcing 76

Optimal Sourcing Optimization Software Waste Reduction Inventory Reduction 76

Logistics Viewpoints

MARCH 27, 2023

Demand forecasting should be tightly integrated to an inventory optimization application. It is important to benchmark forecast accuracy and similar supply chain metrics against your peers. Demand models need to be continuously updated. The model can be updated to reflect a demand spike for that city during the relevant period.

Forecasting 202

Forecasting Forecasting Software Modeling Optimal Sourcing 202

The Logistics & Supply Chain Management Society

MAY 18, 2021

Only by creating a new digital ecosystem will these and other changes shape supply chain models. For those working on digitalization initiatives, the survey showed that only 25% are leveraging digital technologies to think outside the box and reinvent their foundational delivery model. Effective pricing and promotions management.

Supply Chain Network Software 243

Supply Chain Network Software Network Optimization Agile and Lean Supply Chain Modeling 243

GlobalTranz

SEPTEMBER 23, 2021

As a result, flatbed will grow tighter as 2021 wears on, and shippers in need of flatbed will need to rethink their strategies, such as working with more regional carriers to source capacity and create long-haul moves without necessarily requiring a long-haul driver for every movement. transportation management optimization ?to

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308