SCMDOJO

NOVEMBER 9, 2023

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. This is achieved by helping business owners determine the right time to restock their items or purchase materials for production.

Inventory Reduction 79

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 79

Zipline Logistics

FEBRUARY 9, 2021

Logistics data has taken a front seat at forward-thinking CPG brands due to its ability to drive impactful and profitability-focused decisions in all facets of the supply chain. Its place in logistics decision making has become critical and can help your organization find the right route, carrier, and receiving location for retail orders.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Performance Supply Chain Planning Software Cost Reduction Strategies 52

Supply Chain Network

OCTOBER 27, 2017

The research indicates that not only does internal collaboration create financial worth; benchmark companies are leveraging collaboration outside their organizations to create competitive advantages. Maine Pointe calls this Total Value Optimization (TVO)™.

Optimal Sourcing 101

Optimal Sourcing Supply Chain Planning Software Gartner Supply Chain Optimization 101

Material Handling & Logistics

DECEMBER 3, 2018

According to APQC Open Standards Benchmarking data, organizations that are median, or midpoint, performers on this measure have a perfect order index of 90. Order fulfillment typically involves cooperation and coordination of logistics activities across multiple organizational silos. Digital Transformation. Printer-friendly version.

Manufacturing Procurement 100

Manufacturing Procurement Supply Chain Software Inventory Reduction Supply Chain Planning Software 100

The Logistics of Logistics

JANUARY 26, 2016

They allow you to set benchmarks and improve your business practices. Inventory tracking software is an excellent way to keep a close eye on inventory and measure it as a KPI. A good benchmark is to reduce turnover, thus lowering training costs. Below are five KPIs to closely monitor in your warehouse: 1. Author Bio.

Warehousing 100

Warehousing KPI Inventory Reduction Cost Reduction Strategies 100

Supply Chain Movement

JUNE 11, 2014

Thirdly I have set up global raw material supply (GMS), a supply entity that consolidates CAN’s global purchase orders and global vendors to plan and deliver raw materials for our manufacturing sites. Our buyers are purchasing micro ingredients, such as vitamins, additives, minerals, etc. All three should be in balance.”.

S&OP 107

S&OP Supply and Demand Material Savings Sourcing Strategies 107

Logistics Viewpoints

APRIL 25, 2024

Managing yard and warehouse operations has long been one of the thornier aspects of transportation logistics. Not only will this help optimize operations, but it will allow for performance to be benchmarked across sites, helping drive continuous improvement and the sharing of best practices. Create a facilities “Center of Excellence.”

Expense Reduction 222

Expense Reduction Cost Reduction Strategies Supply Chain Design Software Inventory Reduction 222

Talking Logistics

APRIL 24, 2017

Last Saturday, we celebrated Earth Day, making this an excellent time for each of us to examine our own commitment to the environment. In recent years, businesses and consumers across the country have demonstrated that sustainability matters – both in terms of what they buy and how vendors are selected. In fact, 22% of U.S.

Optimal Sourcing 116

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Optimization Software 116

The Logistics of Logistics

DECEMBER 31, 2021

Joe Lynch and Rick Watson discuss Amazon vs Target vs Walmart and their strengths and weaknesses in the areas of ecommerce, fulfillment, distribution, and logistics. 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.

Eliminating Excel in Purchasing 130

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

ThroughPut

FEBRUARY 2, 2024

Sluggish vs Optimized Transportation and Logistics Without Advanced Analytics : Logistics operations may operate on static routing and scheduling, not accounting for variables like traffic, weather, or sudden changes in demand. This includes data from suppliers, production facilities, logistics services, and customer feedback.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

The Logistics of Logistics

FEBRUARY 18, 2021

Joe Lynch and Rick Watson discuss Amazon vs Target vs Walmart and their strengths and weaknesses in the areas of ecommerce, fulfillment, distribution, and logistics. 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.

Eliminating Excel in Purchasing 147

Eliminating Excel in Purchasing Logistics Network Optimization Software Resource Reduction Inventory Management Software 147

Supply Chain Shaman

APRIL 27, 2022

Supply chain excellence is easier to say than to explain. Keith led the work to move P&G from a regional to a global manufacturer opening up the Warsaw center of planning excellence and outsourcing IT to HP. Keith was an undisputed leader in building talent to drive manufacturing excellence. The reason? Discontinued in 2011.

Procurement Analytics 341

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 341

Unleashed

JANUARY 24, 2022

For example, you may look after PPE and office equipment in-house but have a supplier of maintenance equipment monitor this inventory on your behalf who raises purchase orders when stocks are low. Identify identical or similar MRO inventory stock items to determine if spending can be reduced through bulk purchases.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

Logistics Bureau

NOVEMBER 16, 2020

And now let us examine the reasons why a career in logistics offers so much diversity to so many workers. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. APICS, for example, runs some really good supply chain and logistics programmes.

Supply Chain Planning Software 96

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

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

Zipline Logistics

JANUARY 24, 2020

Logistics is a critical function for CPG suppliers selling into big-box retail locations. Despite its importance, many brands, irrespective of sophistication, have encountered issues with consistently meeting these benchmarks. We have a few tips on how to make logistics improvements to increase OTIF performance.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Inventory Reduction How To 52

Tompkins Blog

APRIL 2, 2014

Benchmarking & Best Practices Consortiums. Third-Party Logistics. Supply Chain Planning. Distribution Operations. Supply Chain IT Systems. Material Handling Integration. Special Services. Our Focus Industries. Consumer Products. Pharmaceutical & Healthcare. Our Thinking. Client Success Stories. White Paper. Consortium Report.

Demand Planning Software 40

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

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

Supply Chain Opz

NOVEMBER 9, 2014

However, commonly used KPIs used by supply chain executives are usually focused on logistics performance (e.g., Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times.

Waste Reduction 274

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

Tompkins Blog

OCTOBER 25, 2013

Companies can successfully combat complexity and create supply chain excellence with the consumer-driven approach.” The company delivers leading-edge supply chain solutions by optimizing the Mega Processes of PLAN-BUY-MAKE-MOVE-STORE-SELL. Creating Supply Chain Excellence Blog: [link]. About Tompkins International.

Supply Chain Network Software 40

Supply Chain Network Software Supply Chain Visibility Supply Chain Planning Software Supply Chain Design Software 40

Shipchain

OCTOBER 25, 2019

We’ve been busy fine-tuning our platform, nailing our pitch, bringing on new customers, demoing for clients, and speaking at and attending different freight and logistics conferences. Chris Kupillas, Regional VP, BlueGrace Logistics. James Osborn, Manager of Logistics and Process Improvement, Hanover Foods.

Las Vegas 48

Las Vegas Logistics Network Optimization Software Procurement Analytics Supply Chain Planning Software 48

Logistics Bureau

NOVEMBER 6, 2023

Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency. Here at Logistics Bureau, we’ve been helping warehouse operators with layout optimisation for decades.

Cost Reduction Strategies 89

Cost Reduction Strategies Warehousing Waste Reduction Purchasing Skills 89

SCMDOJO

APRIL 3, 2022

eAuctions are online real-time dynamic discussions between one purchasing organization and a group of pre-qualified vendors competing for the purchaser’s trade. eAuctions technology can reduce the cost of purchasing products and services by up to 20%. It’s time for the Auctioneer to take the stage!

Vendor Strategies 138

Vendor Strategies Negotiating Skills Price Reduction Purchasing Skills 138

Logility

DECEMBER 15, 2023

Planting the Seeds of Resilience Most companies understand that accurate forecasts are critical to minimizing inventory, maximizing production efficiency, streamlining purchasing, optimizing distribution, minimizing waste, and projecting future performance confidently.

Optimal Sourcing 175

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 175

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

Management of Ocean Transit Time Reliability and Visibility by LSCMS Shippers’ Council How would Logistics managers explain to their COO and Production group that inbound material will arrive on 23Dec but with 50% probability?

Rail Software 244

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

ThroughPut

JUNE 24, 2022

Mounting expectations of supersonic speed and efficiencies between suppliers and business partners of all types further underscores the need for the industry to leverage the prowess of the Artificial Intelligence (AI) in supply chains and logistics. Benefits of AI-Powered Supply Chains. 1) BOLSTERING PLANNING AND SCHEDULING ACTIVITIES.

Supply Chain Planning Software 98

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

6 River Systems

DECEMBER 11, 2018

As the biggest players in fulfillment, distribution and omnichannel retail continue to push boundaries, logistics and planning strategists are forced to innovate. Seeing this, we decided that it would be helpful to compile a curated list of 50 of the best tips on logistics planning and strategy that we could find.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

Supply Chain Shaman

JULY 6, 2020

Tom, the colorful warehouse manager, constantly heckled Frank for the increasing inventory levels while Ed, the quiet material/logistics manager, constantly questioned if there was a better way. While companies speak for the need to drive agility and resilience, the real focus is operational excellence.

Agile and Lean Supply Chain 294

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 294

Freightos

JULY 23, 2015

Logistics is the prime example of a changing industry – colossal, ripe for disruption and utterly opaque. Enough to go through every single article published in the top tech blogs – Techcrunch, Verge, Mashable and Recode – since 2007 to count how often articles about logistics startups, freight or cargo were published.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Supply Chain Design Software San Francisco Predictive Analytics Software 120

DAT Solutions

FEBRUARY 21, 2018

Beware of Bad Lease-Purchase Agreements. When I first began my journey as an owner-operator, I signed up for a bad lease-purchase deal. My next experience as an owner-operator was when I purchased a fixer-upper truck from a backyard dealer. Of course, I would also recommend being careful when buying a fixer-upper.

Purchasing Skills 70

Purchasing Skills Eliminating Excel in Purchasing Procurement Solutions New York City 70

Logistics Bureau

OCTOBER 26, 2020

As legislation focuses ever more heavily on environmental protection though, and consumers increasingly consider sustainability in their purchasing decisions, all supply chain organisations will need to find the way forward. This is where sustainability benchmarking can really help you home in on where improvement is most needed.

Supply Chain Planning Software 84

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 84

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 Network

DECEMBER 14, 2013

Last year in Florida at RILA Logistics 2013, the topic of multi-channel was discussed with 5 related presentations delivered where the challenges of the coming omni-channel revolution were laid down. Speaker(s): Rob Bass, Vice President, Distribution, Best Buy Co., Speaker(s): Bill Coxwell, Director, Logistics, VF Corporation.

Logistics Network Optimization Software 115

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Retail 115

Logistics Bureau

OCTOBER 26, 2020

As legislation focuses ever more heavily on environmental protection though, and consumers increasingly consider sustainability in their purchasing decisions, all supply chain organisations will need to find the way forward. This is where sustainability benchmarking can really help you home in on where improvement is most needed.

Supply Chain Planning Software 52

Supply Chain Planning Software Sustainability Supply Chain Software Supply Chain Planning 52

Intelligent Audit

JANUARY 26, 2022

To do this properly, both parties need all of the details of what was purchased and delivered. This again relates to points 1 and 2, but it’s so important because if the answer is “no,” then one of two things happened: The shipper received some sort of discount for buying multiple things at once.

Negotiating Skills 52

Negotiating Skills Freight Negotiate Pricing Purchasing Skills 52

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 76

Supply Chain Visibility Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 76

Supply Chain Shaman

JUNE 20, 2014

The implementations were longer, the purchase costs were higher, and the functionality was less robust and lacking flexibility. In addition, with over 30% of manufacturing and 55% of logistics outsourced, it is now a business network, not an enterprise, planning problem. I did not see it. Yet, the positive market perception continued.

Supply Chain Planning Software 303

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply and Demand 303