The Logistics & Supply Chain Management Society

JULY 16, 2023

Halal risk management practices of most companies are passive, meaning it is limited to the compliance of suppliers and their own (manufacturing) operations based on the requirements of the halal certification body and their halal standard(s). On the other hand, halal risks in the entire supply chain are not on their radar screens.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

Unleashed

FEBRUARY 12, 2024

This number can then be used as a benchmark for continual improvement, supporting sustainable business growth. Inventory carrying cost is the total sum of any expenses associated with holding inventory within a warehouse or storage facility until it is sold or used in production. What is inventory carrying cost?

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

Stord

AUGUST 5, 2020

Freight transportation is the culprit that makes up a vast majority of air pollutants and emissions in the US. While many companies actively report on direct emissions from and around manufacturing operations, indirect emissions consist of a much broader range of activities and are a significant contributor to the overall carbon footprint.

Waste Reduction 78

Waste Reduction Supply Chain Design Software Inventory Reduction Cost Reduction Strategies 78

ToolsGroup

DECEMBER 16, 2021

Retailers should consider augmenting it with other metrics, such as inventory turnover, sales to stock ratio, SKU behavior, and strategy forecast accuracy by demand point (stores and warehouses). This goes back to a very simple manufacturing principle, that work in process inventory is far from ideal.

Supply Chain Planning Software 156

Supply Chain Planning Software Retail Supply Chain Planning Scenario Planning 156

Supply Chain Opz

NOVEMBER 9, 2014

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. It is safe to say that if a warehouse operation is not implementing Lean, it is falling behind its competition. But, it can be overdone.

Waste Reduction 274

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

Requis

OCTOBER 30, 2020

People are still worried about having efficiencies in their warehouses, making sure they’re laid out properly, and having the right processes. Manufacturing sites have been rationalized in terms of, “we don’t need five factories in this country, we only need three, then two, then we don’t need them at all, we’ll move them to China”.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 52

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals.

Supply Chain Planning Software 96

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

Logility

AUGUST 25, 2020

Management must be cognizant of issues of procurement, manufacturing, inventory, and distribution that impact satisfaction and loyalty. Warehousing and transportation costs. KPIs that show performance relative to industry benchmarks and peer performance are usually strategic KPIs that may be assessed monthly or quarterly.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 173

Unleashed

FEBRUARY 1, 2023

This enables the company to manufacture and distribute its product in a way that, ideally, efficiently meets consumer demand. Beyond these ‘soft skills’, demand planning requires the ability to analyse data including internal records, manufacturer predictions, consumer trends and behaviours, and market shifts.

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 52

Oracle SCM

JULY 12, 2017

Companies tripped over themselves to build ecommerce portals, and one-click purchasing grew in relevance. The right prediction and contingency planning tools will ensure a complete view and an effective response to risks such as suppliers going out of business, political upheaval, and natural calamities affecting manufacturing.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

The Logistics & Supply Chain Management Society

JULY 14, 2021

We had to break them up into a lot of different modules, such as production management, order management, procurement, MRP, etc. With a network-based strategy, you not only see the logistics, transportation planning, and execution, but you can also see the order. They were designed to be enterprise-centric hub and spoke systems.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Network Software Optimization Software Network Optimization 130

Locus

DECEMBER 7, 2021

Presently, their major focus lies on local production, warehousing and strategic sourcing. Transportation: Trade routes blockage – Congestion at ports. This factor would vary with the mode of transportation we choose and also how optimized our routing is. Optimize sourcing decisions. Cyber attacks.

Supply Chain Disruption 52

Supply Chain Disruption Optimal Sourcing Modeling Supply Chain Planning Software 52

Shipsy

MAY 28, 2021

The outbreak has also made it clear that digitization of the last-mile processes and the overall logistics and transportation system will be the key to shape the future of e-commerce, manufacturing, food & grocery, courier & express delivery, and other industries. Micro warehousing. Last Mile Delivery Trends 2021.

Modeling Software 52

Modeling Software Trends Analytics Software Supply Chain Design Software 52

Logistics Bureau

OCTOBER 20, 2021

Calculate cash-to-cash cycle time by adding the number of days that inventory is on hand to the number of days (on average) that customers take to pay for their orders and deducting the number of days it typically takes for your organization to pay for its purchases. The Par Level System. Customer Order Cycle Time.

Supply Chain Design Software 80

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 80

DAT Solutions

JANUARY 31, 2019

Especially with the ELD mandate, we need to inform our suppliers and distribution centers that their receiving hour window may no longer be conducive to transporting freight. – David Domencic, Senior Manager of Transportation Procurement, Armada Supply Chain Solutions. That makes it faster to turn around the driver.".

Capacity 80

Capacity Portland Manufacturing Procurement Austin 80

Zipline Logistics

MARCH 30, 2021

“Eight of the 15 markets that we monitor as a broad, representative benchmark were positive on a week-over-week basis,” states Seth Holm of Freightwaves. Truck manufacturers also find it challenging to keep up with demand, and waitlists for driver courses continue to increase. ” Here is a look at why. .

Freight 52

Freight Manufacturing Procurement Los Angeles Purchasing Skills 52

BlueYonder

JULY 14, 2021

It’s because we’ve been panicked over the past 18 months that our progress may have taken a back seat during the COVID-19 outbreak when manufacturers, distributers and retailers were so focused on simply getting the basics — like toilet paper — to consumers. Sourcing Lanes. Waste Reduction.

Supply Chain Planning Software 52

Supply Chain Planning Software Sustainability Waste Reduction Supply Chain Optimization 52

DAT Solutions

JANUARY 31, 2019

Especially with the ELD mandate, we need to inform our suppliers and distribution centers that their receiving hour window may no longer be conducive to transporting freight. – David Domencic, Senior Manager of Transportation Procurement, Armada Supply Chain Solutions. That makes it faster to turn around the driver.".

Capacity 70

Capacity Portland Manufacturing Procurement Austin 70

Supply Chain Movement

JUNE 11, 2014

It’s hard to imagine that Cargill began as a grain storage warehouse in Iowa, USA, in 1865. Today it operates in 67 countries with 143,000 employees and has 76 business units on six platforms that cover animal feed, food production, energy and transportation, financial services and pharmaceuticals.

S&OP 107

S&OP Supply and Demand Material Savings Sourcing Strategies 107

BlueYonder

JULY 25, 2017

The shifts in manufacturing and retail business models, enhanced delivery models, such as last mile and click and collect, along with the innovative advances in technologies, have created significant opportunities for 3PL companies. In some regions, the warehouse rental and labor costs have even increased by double digits.

Third Party Logistics 43

Third Party Logistics Modeling 3PL Modeling Software 43

BlueYonder

JULY 25, 2017

The shifts in manufacturing and retail business models, enhanced delivery models, such as last mile and click and collect, along with the innovative advances in technologies, have created significant opportunities for 3PL companies. In some regions, the warehouse rental and labor costs have even increased by double digits.

Third Party Logistics 40

Third Party Logistics Modeling Modeling Software 3PL 40

NC State SCRC

MARCH 9, 2016

An excerpt from our book “The Procurement Value Proposition” got a nice section of CSCMP’s Supply Chain Quarterly edition this week. 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.

Optimal Sourcing 40

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

GlobalTranz

JULY 13, 2015

Many of the following distribution center metrics to track closely mirror those found within transportation and manufacturing, but this listing will focus on those involved in distribution centers. Monitor Warehouse Capacity. The 26 th State of Logistics Report found that many warehouses are operating at, or near, capacity.

Procurement Analytics 120

Procurement Analytics Metrics Distribution Inventory Reduction 120

Logistics Bureau

APRIL 8, 2016

To get an idea of the return on such an investment, consider these figures from Benchmarking Success. Manufacturers: best in class <10.3% industry average 6.8%. Your spend analysis and this basic benchmarking will show you where you are, and where you could be. Uncertainty. Economies of scale.

Cost Reduction Strategies 40

Cost Reduction Strategies Material Savings Inventory Reduction Expense Reduction 40

20Cube Logistics

FEBRUARY 3, 2022

Inventory got depleted in warehouses with no shipper coming to take it away. Delays in transportation led to the supply chain sphere incurring huge amounts of loss. Suppliers could not deliver their raw materials on time and due to it, manufacturing and the day-to-day operations came to a point of stagnation.

Supply Chain Design Software 76

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Design 76

ToolsGroup

APRIL 1, 2022

Increased Shipping Costs, Delays, and Transportation Issues. 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Zipline Logistics

DECEMBER 2, 2019

One of the most consistent ways to find savings in transportation is through flexibility. But in the world of retail transportation, very few shippers have the ability to be flexible with their deliveries. A manufacturer of health-conscious snack foods was shipping product to its retail customer in Chino, CA.

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Shipping Retail 52

Supply Chain Trend

AUGUST 13, 2020

In my benchmark survey (Van Hove, 2017), only 25% of survey participants answered yes to the question ‘ We have a relentless focus on only what is important for long term business objectives ’. AI has been estimated to displace 38% of transport jobs and 30% of manufacturing jobs (Ghosh, 2018). Bureau of Labor Statistics.

Supply Chain Software 147

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 147

Supply Chain Matters

MAY 18, 2022

Business process intelligence technology Signavio , acquired by SAP in January 2021 was described as the catalyst technology behind the RISE program, helping customers to benchmark existing processes, discover process inefficiencies and identify opportunities to transform to a more modular and agile business landscape.

SAP 52

SAP Supply Chain Design Software Supply Chain Planning Software Conference 52

Logistics Viewpoints

JULY 19, 2023

Most recently, the APQC has conducted best practice and benchmarking research on environmental sustainability. One area of concern for the long-term health of the world is the use of packaging in both the manufacturing and shipping of products. However, as the use of e-commerce increases, so does this percentage.

Sustainability 193

Sustainability Optimal Sourcing Logistics Material Savings 193

Logistics Bureau

DECEMBER 3, 2017

The SCLA program delves into the peculiarities of some of these special cases, such as beverage distribution, humanitarian logistics , and transportation of perishable goods. We also cover production and manufacturing to some extent, and touch on other functional areas such as human resources and procurement.

Education 40

Education Purchasing Skills Buyer Training Supply Chain Design Software 40

DynaSys

FEBRUARY 3, 2021

Understand their sources of income. Some examples may be rules restricting availability of transport stock and routes, laws limiting workforce liberties or effectiveness, short-term working capital guidelines, etc. During the COVID pandemic so far, companies have been forced to close or shutter warehouses.

Modeling 97

Modeling Supply Chain Planning Software Scenario Planning Supply Chain Planning 97

Logistics Viewpoints

MAY 3, 2022

But it’s important to remember that while customers want their purchases fast, sometimes even the next day, many care about the environmental impact of that delivery as well. In response to these rising complexities, late last year, Körber commissioned its first ever Supply Chain Benchmarking report. Rethink Process.

Waste Reduction 194

Waste Reduction Sustainability Vendor Strategies Supply Chain Design Software 194

Logistics Bureau

MAY 31, 2016

Production of customised product packaging may be done by the product manufacturer, but possibly at a distribution centre too. On the other hand, products that sit in a warehouse beyond a certain period end up costing more in storage and associated expenses than their normal retail price.

Cost Reduction Strategies 40

Cost Reduction Strategies Inventory Reduction Material Savings Expense Reduction 40

Logistics Viewpoints

AUGUST 9, 2022

How do we create systems that allow everyone in the ecosystem, from suppliers to transportation partners to retailers, to be not only more agile and responsive in the face of rapidly changing market conditions, but to be able to predict issues in advance and prevent them? What’s in manufacturing? And it requires visibility everywhere.

Inventory Management Software 224

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 224

GlobalTranz

SEPTEMBER 14, 2016

However, following these 10 practices can help you learn how to reduce spend in the procurement supply chain. Use External Benchmarking Tools. Many suppliers and manufacturers may have existing, internal analytics tools, but using these tools for benchmarking processes may be ill-fated.

Material Savings 120

Material Savings Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software 120

Logistics Viewpoints

FEBRUARY 28, 2022

Having an agent detect how long it takes to ship from a supplier site to a manufacturing facility, and then doing a running calculation on how the average lead time is changing, is trivial math. That is every machine, factory, DC, mode of transportation, supplier, product, material, etc.

Optimal Sourcing 282

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 282