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Logility ) ( NASDAQ: LGTY ), a leader in AI-first supply chain planning software, today reported its second quarter fiscal year 2025 financial results. While we still expect to secure these opportunities in the current fiscal year, we are revising our revenue guidance to reflect the impact of lower professional services revenue.
We often get asked what kind of return on investment you should expect to see when using our network design technology. The first hurdle to overcome is to justify the time investment and the cost of the software subscription. What we tend to see is businesses reducing relative transport costs as volumes shrink.
ARC has recently completed a study on the transportation management system integration market. We have previously done a study of transportation management system (TMS) market and transportation execution and visibility system markets , and interviewed TMS vendors. Network design requires a talented team.
Amazon is not the only company driven to one- and two-day delivery; all industries are headed to shorter service windows. Now, supply chain leaders are caught between a cost versus service crunch. This is where network design helps lay out a future network with all the cost and service tradeoffs. Is All Hope Lost?
Leveraging the inventory planning and optimization solution from Logility , this well-established brand generates trend insights and supports a formal product review process, resulting in a 44% reduction in its SKU portfolio and more meaningful value for its customers.
What Does This Mean for Supply Chain Technology? The rush of spending in the market upturns side-stepped supply chain technology doing little for innovation. While supply chain leaders give lip service building networks, nothing evolved. If your software provider is acquired by an consolidation aggregator, look elsewhere.
Why NetworkOptimization Is the Key to Consumer Packaged Goods Supply Chain Resiliency It has been a few years since the onset of the pandemic exposed the tragic consequences of supply chain fragility within the consumer packaged goods (CPG) industry.
Customer Service: The Source of Supply Chain Innovation. In December’s issue of InBound, editor Keith Biondi cited customer service as the source for supply chain innovation. Not technology. Before exploring his thesis, let’s look at technology and BPR. T he Role of Technology and Business Process Engineering.
Supply chain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. It’s the art of doing more with less, focusing on creating value through cost reduction and process optimization.
Esther is the Chief Revenue Officer at Flowspace , an ecommerce fulfillment platform that helps brands meet their customers’ post-purchase expectations. Flowspace is an ecommerce fulfillment platform that helps brands meet their customers’ post-purchase expectations. Key Takeaways: The Omni-Channel Fulfillment Network.
The answer lies on changing culture as much as it does on rethinking technology. Global e-commerce growth and converging technologies are pushing postal companies to diversify their revenues and increase operational efficiency quickly. Identifying these pockets and the right way of servicing them is crucial.
Therefore, optimizing spare parts management is crucial for the success of supply chain, manufacturing, and maintenance operations. In this blog, let’s dive deeper into the challenges of spare parts management, the solution that ThroughPut AI provides, the features of spare parts management software and how it works. Let’s get started.
Ben serves as CEO for Ruan Transportation Management Systems , one of the largest privately-held logistics firms in the U.S. Benjamin McLean serves as CEO for Ruan Transportation Management Systems , one of the largest privately-held logistics firms in the United States. About Ruan Transportation. About Ben McLean.
With almost 30 million customers, BT (British Telecom) is the largest provider of consumer mobile and fixed broadband communications services in the UK. The supply chain division fulfills 40,000 individual customer orders every day, making sure that 32,000 engineers get the tools, parts and equipment they need to deliver support and services.
Supply chain technology is a difficult, exhilarating topic to cover in detail. Supply chain managers will focus on several key supply chain technology implementations or considerations which will impact consumer spending habits, consumer-business interactions and performance measurement.
We often get asked what kind of return on investment you should expect to see when using our network design technology. The first hurdle to overcome is to justify the time investment and the cost of the software subscription. What we tend to see is businesses reducing relative transport costs as volumes shrink.
Blake serves as the Vice President of Safety for Ruan Transportation Management Systems , a family-owned dedicated logistics provider since 1932. About Blake Grolmus Blake Grolmus serves as the Vice President of Safety for Ruan Transportation Management Systems. Ruan has over 5,000 team members, including 4,000 truck drivers.
Connected technology transforms traditional supply chains into dynamic systems capable of real-time decisions and proactive problem-solving. Essential Components of Data-Driven Supply Chains Data-driven supply chains combine multiple technologies to create a comprehensive operational framework.
and “What is a transportation management system?” The boxes and labels of yesterday are giving way to a single amorphous category: “Providers of Supply Chain Software and Services.”. I shared that perspective more than a year ago in Putting 3PLs and Software Vendors in a Box. don’t fit so neatly in a box any more.
BOSTON (July 15, 2021) – ToolsGroup , a global leader in supply chain planning software , and Supply Chain Process Improvement, Inc. SCPI), a provider of supply chain planning, coaching, consulting, and analytical services, are extending their partnership to offer planning BPO (business process outsourcing) services. About SCPI.
The answer lies on changing culture as much as it does on rethinking technology. Global e-commerce growth and converging technologies are pushing postal companies to diversify their revenues and increase operational efficiency quickly. Identifying these pockets and the right way of servicing them is crucial.
He has a track record of driving significant growth, savings, and exceptional service through the development and execution of effective strategies. Davinci Micro Fulfillment Solutions partners with consumer brands to provide end-to-end fulfillment services from their strategically located micro-fulfillment centers.
Transportation bottlenecks, labor and materials shortages, rising fuel costs and other factors have made 2021 one of the most challenging times to operate a global supply chain with any degree of control and predictability. The Promise of Platform: Increasing Certainty in an Uncertain World.
Structural Changes in Supply Chains: Example: A consumer goods company decides to near-shore its manufacturing operations to reduce transportation costs and improve responsiveness. They underwent a thorough NetworkOptimization exercise to identify the roadmap of transitioning to a hybrid offshore/nearshore model.
Here we see the classic paradox of center of gravity studies — they are simple and believable, but they are only a proxy for what the logistics expert is trying to optimize: cost and service time. The time, cost, and effort of doing a classic network design project can be prohibitive. What Makes Center of Gravity Popular?
Supply chain network design (SCND) is a powerful tool for improving business operations. Optimization and simulation are the two main branches of SCND. Optimization accounts for over 90% of all work that is being done by SCND teams. It can be used to solve a wide variety of supply chain problems. But it has gaps.
For the Supply Chain , technology & operations posts were the most popular as well as a focus on collaboration with suppliers and a focus on customer service. Whether driven by reducing costs or by new business strategies, rethinking your distribution networkoptimization has become more important than ever.
The move to re-evaluate your distribution network may be driven by the need to reduce costs, or perhaps you are launching a new business strategy. Whatever the motivation, reassessing your distribution networkoptimization is an absolute necessity. If the customer wants it now, the network has to meet the request.
Developing and using a solid freight RFP process will help increase service levels, create stronger vendor partnerships and drive supply chain resiliency despite market swings. Do your shipments require specific licenses, technology or service capabilities and requirements? Are they full-service? Terms for submission.
TransportationNetworks and Modal Shifts A good transportation strategy is one of the best ways to reduce emissions. Through networkoptimization. This means redesigning products to be more compact and lightweight, using recycled and recyclable materials and packaging optimisation software to reduce void space.
Outside of the Paris Agreement, the European Union (EU) has a goal of reducing greenhouse gas emissions from transport by around 60 percent below 1990 levels by 2050. Cost reductions sometimes go hand-in-hand with GHG reductions, but some measures could increase transport costs. Corporate Responsibility.
How the food Industry can optimize its supply chain for festivals Many event planners and teams focused on the supply chain may also wonder about possible food or beverage shortages. With high inflation, supply-chain bottlenecks, extreme weather conditions, and possible transport issues, it is a legitimate concern.
The problem with strategic network design is when it accounts for service time but not service level. It optimizes the network, but it doesn’t optimize inventory across the network – a shortcut that can lead to a different network once the inventory is optimized.
One of the very prominent business services is logistics. If you are the owner of a logistics business or in the role of a logistics business manager then make sure to read on as this article will give you the best insights to optimize your business to make the most out it. Efficient Transportation. Plan Ahead. Download Here.
Preview In his 2019 Foresight article, Niels van Hove examined eight technological hurdles that must be overcome to enable autonomous or ‘lights out’ supply-chain planning. He reasoned that to support such planning we need to implement a third wave of integrated supply-chain planning software. Key Points.
This trend, known as reshoring , is driving the emergence of regionalized freight networks , optimizing supply chains for efficiency, cost savings, and resilience. Aerospace and transportation equipment companies are investing in Arizona and New Mexico. Sustainable packaging and freight density optimization to reduce waste.
With almost 30 million customers, BT (British Telecom) is the largest provider of consumer mobile and fixed broadband communications services in the UK. The supply chain division fulfills 40,000 individual customer orders every day, making sure that 32,000 engineers get the tools, parts and equipment they need to deliver support and services.
With my son’s travel baseball team scheduled to begin its season next weekend, the coaches are employing some field maintenance tools you don’t normally see at a baseball field: For all of you who play baseball in California, Texas, and Florida, you have it so easy my friends. Desperate times call for desperate measures.
Third party logistics providers that consider their activity to be rooted in traditional transport and the physical carriage of goods may go the way of the American railroads, which failed to see how aircraft and the private motor car would so drastically affect their transportation market and rob them of so much of their market share.
Most businesses succeed when the proper balance between people, processes, and technologies is achieved. Everyday technology seems to be assuming a greater role in the business world, including in supply chain operations; but, technology alone will never achieve the kind of transformation required in the years ahead.
A key factor in the success of Logility’s networkoptimization solution is the use of reference data. Think of our networkoptimization reference data as a tariff that you can adjust to match your businesses behavior. Yes, this data is comforting in that it reconciles back to accounting numbers.
Freight networkoptimization and freight auditing services are the key performance areas that shippers want to track and monitor within the supply chain industry. . As highlighted by Redwood Logistics , “ To complete any task efficiently, you must first have the right tools for the right job.
Legacy systems are not built to allow brands to self-service manage these capabilities, limiting how much investment brands can make in these growth strategies. Be sure to select technology partners that also have experience and value propositions specific to channel expansion. ideally all within a single platform.
Nucleus Research recently published its Control Tower Technology Value Matrix 2023 , which provides an overview of the current market for control tower solutions, while also assessing the software providers in this space. This echoes what we hear from our customers every day.
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