ShipBob

OCTOBER 4, 2023

How you manage your inventory is a key factor that determines the efficiency, accuracy, and overall performance of your ecommerce operations. It involves closely tracking your inventory levels to replenish your stock at the right time and maintain inventory accuracy. What is inventory reduction? Let’s get started.

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Strategies Expense Reduction 52

Unleashed

OCTOBER 6, 2021

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. That makes sense – inventory is one of the most capital intensive areas for any product business. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

ShipBob

JANUARY 28, 2022

Proper inventory management can make or break ecommerce brands: Have too much stock and you’ll rack up storage costs and tie up cash flow. That’s why it’s crucial to track inventory management KPIs consistently. . What are KPIs & why are they important for your inventory management? Inventory KPIs.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

Logistics Viewpoints

OCTOBER 20, 2021

Last week I had the opportunity to speak with Ken Fleming , President at Logistyx Technologies. First and foremost, why have supply chain technologies weathered the Covid storm better than other industries, and what has it meant for parcel shipping? One option is to use a cross-border delivery 3PL provider.

Supply Chain Network Software 191

Supply Chain Network Software Logistics Network Optimization Software Demand Planning Software Supply Chain Software 191

Logistics Viewpoints

OCTOBER 31, 2022

I interviewed John Sobeck, Vice President Material Management Services and Supply Chain 4.0 at the ZF Group, about their digital supply chain transformation journey. This technology company is headquartered in Friedrichshafen, Germany. The ZF supply chain is complex. ZF’s Digital Supply Chain.

Agile and Lean Supply Chain 197

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Lean 197

ShipBob

JANUARY 15, 2024

Striking the perfect balance between supply and demand is a complex dance for any business. If you don’t have enough inventory on hand you risk selling out. Too much, and you’ll be stuck with an inventory glut. An inventory glut occurs when a company has surplus inventory and the stock of products far exceeds its demand.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

Unleashed

JULY 25, 2023

The inventory turnover ratio measures how often stock is sold and replaced over time. It’s a vital inventory accounting metric for monitoring sales and managing perishable goods – without it, your business will struggle to operate efficiently and could start losing money fast. What’s the difference?

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

BlueYonder

APRIL 4, 2023

We are very excited to announce that Blue Yonder has been recognized as a Strong Performer in The Forrester Wave : Order Management Systems, Q2 2023 Report. As stated in the report, customers today demand real-time availability and delivery information — and earlier in the shopping process than ever before.

Procurement Analytics 82

Procurement Analytics Real-time Visibility Supply Chain Design Software Supply Chain Planning Software 82

ToolsGroup

DECEMBER 20, 2021

Global Trade Authority Rob Garrison, CEO and Co-Founder of Mercado Labs, shares insights from over 30 years of supply chain experience working with a variety of Fortune 500 companies. Here, he explains what caused current global supply chain disruptions, and shares the five steps needed to overcome today’s supply chain issues.

Supply Chain Disruption 194

Supply Chain Disruption Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 194

ShipBob

NOVEMBER 29, 2023

And two days ago a few units were reported stolen. These physically unaccounted-for units of inventory called ghost inventory, or phantom inventory , are a more common challenge faced by retailers than you think. Often, the items accounted for in the asset register do not reconcile with what is in the inventory.

Purchasing Skills 52

Purchasing Skills Inventory Inventory Management Software Forecasting Software 52

ShipBob

NOVEMBER 24, 2023

The root of many inventory management challenges lies in treating all stock equally—when in reality, each item should be assessed and segmented individually. This is where inventory segmentation can help. It’s a strategy that categorizes inventory based on factors like demand patterns, lead time, value, and more.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Sourcing Strategies Inventory Management Software 52

GlobalTranz

APRIL 25, 2017

Therefore, more companies have partnered with third-party logistics providers ( 3PLs ) to achieve greater supply chain savings and presence in such markets through enhanced transportation management systems ( TMSs ). Greater Supply Chain Savings Thanks to Transportation Management. Why Work With a 3PL?

Cost Reduction Strategies 156

Cost Reduction Strategies Resource Reduction Vendor Strategies Expense Reduction 156

Logistics Bureau

APRIL 3, 2023

Across our many blog posts, videos, webinars, eBooks, and other shared content, you’ll find a wealth of information about various aspects of outsourcing in the supply chain. However, I can’t recall writing a general guide about exploiting outsourcing opportunities to improve your supply chain.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

ShipBob

SEPTEMBER 20, 2021

For many growing and established direct-to-consumer (DTC) brands alike, the supply chain is the most critical but also most challenging aspect of their operations. . The process involves complex steps, from procurement, to shipping products to end users, often resulting in a lack of visibility and high operational costs.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 52

Stord

MAY 15, 2024

Customer satisfaction hinges on more than just the quality of the products purchased; it's also deeply influenced by the efficiency and reliability of the delivery process. When customers hit 'purchase,' they're not just buying a product; they're buying an experience — one that includes a swift and smooth delivery process.”

Logistics Network Optimization Software 78

Logistics Network Optimization Software Sourcing Strategies Logistics Supply Chain Design Software 78

ShipBob

NOVEMBER 6, 2023

Table of Contents ** Minutes What is an inventory audit? When it comes to selling goods, ecommerce businesses may audit their inventory — whether it’s for tax purposes annually or to simply verify units on hand. Inventory audits can be done in-house or by a third party and represent one point in time. What is an inventory audit?

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

ShipBob

JULY 28, 2021

Want to know the secret to creating a memorable post-purchase experience? How to Choose a 3PL for Your Ecommerce Business. Since online shoppers expect fast delivery, from same-day delivery to 2-day, delivery management continues to be an essential part of running a successful ecommerce supply chain. Download the Guide.

Optimal Sourcing 98

Optimal Sourcing Optimization Software Inventory Management Software Supply Chain Planning Software 98

Supply Chain Game Changer

NOVEMBER 28, 2019

Subscribe to Supply Chain Game Changer. What is the Digital Supply Chain? Third-party logistics (or 3PL) providers, are standing on the brink of breakout growth. The shipper ecosystem is burgeoning with more delivery orders, more inventory to be managed, more deliveries and more services than ever before.

Logistics Network Optimization Software 83

Logistics Network Optimization Software 3PL Optimal Sourcing Supply Chain Planning Software 83

ShipBob

FEBRUARY 6, 2023

To make this happen, businesses need to take advantage of technology solutions that allow them to seamlessly share data, communicate, and execute different warehousing tasks. Fortunately, the latest advancements in warehouse technology have made the job easier for ecommerce businesses. What is warehouse technology?

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Optimization Software Predictive Analytics Software 52

6 River Systems

AUGUST 19, 2020

Whether you are new in the retail space or an established player, what you cannot build with a click of a button is a strong brand or an efficient supply chain. A white paper published by DHL found that inefficient handling of supply chains causes high costs, wasted resources, and reduced agility.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Analytics Software Sustainability 59

ShipBob

OCTOBER 16, 2023

How to calculate reorder points ShipBob keeps reorder points simple Reorder point formula FAQs Maintaining proper inventory levels is an elegant dance that must balance consumer demand and supplier reliability. Implementing reorder points allows you to trigger a new order so you don’t get close to running out of inventory.

Forecasting Software 98

Forecasting Software Inventory Management Software Demand Planning Software Supply Chain Planning Software 98

SCMDOJO

AUGUST 4, 2023

Are you tired of dealing with excessive inventory levels that eat up your storage space, tie up your capital, and hinder your company’s growth? If so, then it’s time to consider the numerous benefits of reducing inventory. Inventories are designed to match customer(s) demand. The same applies to inventory reduction.

Inventory Reduction 91

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 91

3rdwave

JULY 20, 2020

Too often – make that almost always – importers and exporters (BCOs – Benefiticcial Cargo Owners) are dependent on their NVOCC, Freight Forwarder or 3PL (3PL) to provide them with visibility into their global supply chains. Advantage 3PL. Controlling Information levels the Playing Field.

3PL 54

3PL Freight Procurement Analytics Negotiating Skills 54

Vinculum

AUGUST 15, 2021

You can buy land and develop your warehouse, or purchase the right warehouse management for your business. Gain insights into warehouse management with 3PL in this blog. Warehouse management comprises the following processes: Inventory tracking. 5 advantages of Warehouse management with a 3PL. Picking and packing.

Supply Chain Design Software 52

Supply Chain Design Software Inventory Management Software Forecasting Software Supply Chain Network Software 52

Talking Logistics

APRIL 25, 2019

As online sales become increasingly popular, the growth of e-commerce has impacted every part of the supply chain, and material handling equipment (MHE) and fleet services are no different. With more and more brands looking to develop their e-commerce capabilities, their needs for moving and handling inventory are shifting as well.

Material Savings 102

Material Savings Modeling Software Supply Chain Planning Software Analytics Software 102

Unleashed

MARCH 31, 2021

We live in a global economy and that has made the supply chain all the more important – these days partner companies could be anywhere in the world, facing any number of challenges. However, when people refer to supply chains, they often use the terms ‘supply chain’ and ‘logistics’ interchangeably.

Supply Chain Planning Software 69

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 69

EazyStock

FEBRUARY 11, 2021

Better Inventory Management for eCommerce. As more and more businesses sell online, they are starting to see the impact that eCommerce has on their inventory management operations. In this post we discuss how eCommerce is affecting inventory management strategies. eCommerce impacts inventory management in many ways.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Price Reduction 52

ShipBob

SEPTEMBER 29, 2021

From managing inventory flow to ensuring that customers receive shipments on time, retail logistics streamlines the different stages of your ecommerce supply chain to keep your business running smoothly. Stages of the retail logistics process includes warehouse receiving , inventory management, fulfillment, and shipping.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Optimization Software Inventory Management Software 52

Unleashed

OCTOBER 4, 2023

The order fulfilment process covers every step required to get goods to the people who purchase them, from the moment a customer places an order to when they receive their purchase. When an order is confirmed, the items need to be collected from inventory and packaged for shipment.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

Unleashed

OCTOBER 30, 2023

Ecommerce consumers want fast, accurate deliveries and a transparent purchasing process. In this guide, we break down the WooCommerce order fulfilment process and how it works, with actionable tips for optimising your fulfilment strategy to bring costs down and boost productivity.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Procurement Solutions Material Savings 52

The Logistics of Logistics

MARCH 11, 2013

A real time supply chain is able to react to market needs faster and more effectively than traditional supply chains. In this context, supply chain innovation is becoming more important as companies that have invested in traditional tools are now determined to operate real-time supply chains.

Real-time Visibility 113

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 113

GlobalTranz

JULY 22, 2016

Logistics technologies are changing how modern retailers operate. However, the rise of e-commerce will naturally lead to greater focus on logistics technologies, and you need to understand how this increase the role of logistics technology in e-commerce in the global economy. Benefits of Logistics Technology in E-Commerce.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Modeling Software Analytics Software Optimization Software 120

ShipBob

JANUARY 23, 2023

This year over 20% of purchases are expected to take place online , compared to 17.8% As technology advances and even more customers’ preferences shift in this direction, the last leg of delivery is one of the most challenging and important parts of supply chain management. What is last-mile delivery?

3PL 98

3PL Cost Reduction Strategies Inventory Reduction Expense Reduction 98

GlobalTranz

AUGUST 18, 2016

Modern distribution technology has significantly changed how suppliers get their products to end-users, and consumers are driving changes in how Distributors use technology to better their business processes. New Connected Technologies Are the Focus of Shippers and Carriers. Robotics Are Aiding an Aging Workforce.

Supply Chain Planning Software 120

Supply Chain Planning Software Inventory Management Software Optimization Software Analytics Software 120

ShipBob

JUNE 29, 2022

You need tools and technology solutions working together in order to receive payments, process orders, and send them to the fulfillment queue. In this post, we’ll take a closer look at what ecommerce enablement is, how to get started, and what software and tools you can use. Purchase a domain. Let’s find out.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Analytics Software Supply Chain Design Software 52

Turvo

MARCH 1, 2022

With the emergence of e-commerce and globalized supply chains, competent Global Supply Chain (GSC) management is now crucial for multinational corporations seeking market dominance. Worldwide third-party logistics (3PL) has emerged as a viable option for meeting global distribution demands.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Inventory Reduction Expense Reduction 70

Material Handling & Logistics

JANUARY 10, 2018

A look at the supply chain trends and technology that will come into play in 2018. While predicting the future is never an easy task, in order to be competitive all businesses need to be able to accurately anticipate what trends will affect them in the coming year. making human intervention necessary.

Predictive Analytics Software 96

Predictive Analytics Software Supply Chain Design Software Predictive Analytics Supply Chain Software 96