Logistics Bureau

NOVEMBER 16, 2020

For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Another option is to work in a warehouse, or in transport, or maybe in customer service where you are dealing with people all the time. Sea Change—A Supply Chain Career is now seen as ‘Cool’.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

Arkieva

APRIL 21, 2016

We have looked at the EBIT per inventory $ or per working capital $ to define a best-practice frontier. That frontier can then be used for setting balanced targets on EBIT% versus Inventory Turns or EBIT% versus CCC. or a more focused improvement on EBIT% for the current Inventory Turns (or CCC). Operational Excellence Leader.

Inventory Reduction 60

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 60

Supply Chain Opz

NOVEMBER 9, 2014

Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times. Reducing lead times from suppliers can help turn inventory faster, freeing up cash and ultimately satisfying customers. These are three examples: Rule 3.1:

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

Oracle SCM

JULY 12, 2017

Companies tripped over themselves to build ecommerce portals, and one-click purchasing grew in relevance. They prioritized projects that reduced inventory and logistics expenses. Working on continuous improvement and operational excellence strategies is a foundation for successful end-to-end supply chain operations.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

Logistics Viewpoints

APRIL 25, 2024

Managing yard and warehouse operations has long been one of the thornier aspects of transportation logistics. Yards are a choke point between transportation and warehousing — and wherever you have choke points, you have a higher risk of inefficiencies that drive up labor costs, detention fees and delivery commitments.

Expense Reduction 229

Expense Reduction Cost Reduction Strategies Supply Chain Design Software Inventory Reduction 229

The Logistics of Logistics

DECEMBER 31, 2021

The fulfillment centers enable Amazon to store inventory close to consumers which allows for fast delivery and even same-day / next-day delivery. Amazon has raised the bar on digital communication with customers and their accurate, on-time home deliveries set the benchmark for the rest of the industry. Rick Watson. RMW Commerce.

Eliminating Excel in Purchasing 130

Eliminating Excel in Purchasing Logistics Network Optimization Software Resource Reduction Inventory Management Software 130

NC State SCRC

MARCH 9, 2016

As a young assistant professor at Michigan State University, I was part of a group called the Global Procurement Benchmarking Initiative, led by Professor Robert Monczka. They combined related functions such as purchasing, inventory control, receiving, and stores under the authority of one individual.

Optimal Sourcing 40

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 40

BlueYonder

AUGUST 28, 2017

Operational Excellence Delivers Profit Optimization. We have discussed a variety of implications to the supply chain required to provide scale and service, while effectively managing inventory and value add processes. The disciplines of interest will include supply management, efficient order fulfillment, transportation and workforce.

Optimal Sourcing 44

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Supply Chain Software 44

Tompkins Blog

APRIL 2, 2014

Benchmarking & Best Practices Consortiums. Webcast – “Supply Chain Control Towers: Separating Fact from Fiction” With the overwhelming complications faced by today’s supply chain managers, companies are searching for the best solutions to combat complexity and create supply chain excellence with the consumer-driven approach.

Demand Planning Software 40

Demand Planning Software Supply and Demand Supply Chain Design Software Network Design Software 40

Logility

DECEMBER 15, 2023

With the combination of advanced inventory management, modern demand planning, and a finely sales and operations process, F&B businesses can navigate fluctuating customer demands, stringent regulations, and a steady flow of new product launches. The time is ripe to move forward with supply chain transformation.

Optimal Sourcing 180

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 180

BlueYonder

AUGUST 28, 2017

Operational Excellence Delivers Profit Optimization. We have discussed a variety of implications to the supply chain required to provide scale and service, while effectively managing inventory and value add processes. The disciplines of interest will include supply management, efficient order fulfillment, transportation and workforce.

Optimal Sourcing 40

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Supply Chain Software 40

Zipline Logistics

JANUARY 24, 2020

Despite its importance, many brands, irrespective of sophistication, have encountered issues with consistently meeting these benchmarks. If unable to find a product in store, consumers are quick to turn their attention online and purchase goods there. Align Production and Transportation Schedules.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Inventory Reduction How To 52

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

but when demand slowed, the pressure to reduce inventory becomes a lot higher. Although 2023 first half reliability has been improving to around 65%, the lead time variability is still high compared to other modes of transportation, and still below pre-pandemic levels. 2022 ocean schedule reliability dropped to 30%.

Rail Software 244

Rail Software Real-time Visibility Supply Chain Planning Software Predictive Analytics Software 244

GlobalTranz

AUGUST 11, 2016

In this blog, Andy discusses the health of the manufacturing industry, manufacturing technology orders, and setting benchmarks for company performance. At Wenzel we watch the PMI ( Purchasing Managers Index ) and the USMTO (United States Manufacturing Technology Orders) numbers and compare them with our own performance.

Manufacturing Procurement 120

Manufacturing Procurement Forecasting Software Analytics Software Optimization Software 120

Precoro

FEBRUARY 27, 2023

Streamlines Internal Procedures Spending data analysis sheds light on similar purchases between different departments. It enables them to cooperate even more closely to create fewer purchase orders and get things done faster by grouping multiple items and services into one purchase.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

NC State SCRC

OCTOBER 8, 2016

As a young assistant professor at Michigan State University in 1992, I was part of a group called the Global Procurement Benchmarking Initiative. This initiative benchmarked over 300 global companies, and set forth many of the principles for what we called “World Class Supply Chains”.

Optimal Sourcing 58

Optimal Sourcing Supply Chain Software Manufacturing Procurement Agile and Lean Supply Chain 58

Supply Chain Shaman

JUNE 20, 2014

The implementations were longer, the purchase costs were higher, and the functionality was less robust and lacking flexibility. The SAP team has built an incredible system of record to enable flows from ERP to SCP, but has failed to deliver a solution to deliver SCP planning excellence. I did not see it. Related.

Supply Chain Planning Software 305

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply and Demand 305

Supply Chain Shaman

JUNE 16, 2014

Despite two decades of advancement in supply chain technologies, companies are struggling to gain balance at the intersection of operating margin, inventory turns and case fulfillment. Instead, I would look at network flows, the form and function of inventory, cost-to-serve analysis, and the determination of the supplier network.

Supply Chain Design Software 287

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Network Software 287

6 River Systems

DECEMBER 11, 2018

Create an adaptive unified buying process. “If you look at the typical buying process, it is bifurcated based on geography. If I am going to buy goods from this geography, then I use this process. Logistics personnel and supplier management pointers. Tips for improving customer experience.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

SCMDOJO

MARCH 19, 2024

When customers have transparency into product availability, delivery timelines, and order status, they are more likely to complete purchases and continue shopping with a business. At the same time, it makes excellent sense to have a good SEO software solution to keep track of how your marketing strategies perform.

Supply Chain Visibility 77

Supply Chain Visibility Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 77

ThroughPut

JUNE 24, 2022

ACCURATE INVENTORY MANAGEMENT. Accurate inventory management can ensure the right flow of items in and out of a warehouse. Generally, there are many inventory related variables like order processing, picking and packing, and this can become very time-consuming with a high tendency for error. 5) INVENTORY AND DEMAND MANAGEMENT.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 98

Supply Chain Shaman

SEPTEMBER 13, 2016

As shown in Figure 1, the biggest obstacles to power improvement/performance are traditional supply chain thinking, the lack of organizational alignment and a focus on functional excellence. Companies using traditional technologies coupled with Excel spreadsheet ghettos will be at a disadvantage. These are tough to overcome.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software 195

6 River Systems

JUNE 29, 2020

Importantly, flexible supply chains cut costs and improve cash flow, in part through a 10% to 40% increase in inventory turns. Yet many companies, lulled by efficient and relatively inexpensive logistics and transport, have been applying lean and just-in-time production methods that span global networks.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

6 River Systems

DECEMBER 13, 2019

Click on a link below to browse tips related to a topic of interest: Tips for optimizing your warehouse layout & organization Tips for optimizing your warehouse workflows & processes Warehouse inventory optimization tips Optimizing your warehouse with tools & technology Tips for optimizing your warehouse layout & organization 1.

Optimal Sourcing 81

Optimal Sourcing Optimization Software Price Mitigation Strategies Modeling 81

The Logistics of Logistics

MAY 18, 2022

Every single business should be able to democratize an excellent delivery experience and provide it to their customers. These transporters came in and said, “We’ve got vehicles moving. You can automate them, you can build excellence, and you can continue innovating every month or every quarter. The cost is high.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Predictive Analytics Software Supply Chain Network Software Optimization Software 130