ToolsGroup

DECEMBER 16, 2021

In his book, Lean Retail & Wholesale , professor and author Paul Myerson defines the shift towards lean retail as “a dramatic change in the way products are ordered and distributed that is far more data-centric and focused on understanding and meeting customer demand.” What is Lean Retail? How to implement a lean retail strategy.

Agile and Lean Supply Chain 156

Agile and Lean Supply Chain Lean Retail Supply Chain Planning Software 156

Supply Chain Shaman

NOVEMBER 15, 2021

Maersk, the world’s largest container shipping company, reported its best quarter in 117 years, posting a $5.9B Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Sitting waiting for a confirmed booking.) profit for Q3 on $16.6B What can we learn?

Supply Chain Design Software 315

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 315

Logistics Bureau

SEPTEMBER 28, 2020

By contrast, the third-party logistics model is where a manufacturer retains oversight of its supply chain but outsources such processes as warehousing, shipping, packing, and distribution to a 3PL provider. The provider has more than 1,000 clients on its books and says it moves more than 110,000 individual loads annually.

Logistics Network Optimization Software 96

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Company 96

Supply Chain Shaman

OCTOBER 2, 2020

The organization is not clear on accepting special requests and expedited shipping policies, often resulting in a lower margin. Many of my clients talk about a customer-centric supply chain but rely on useless metrics from an annual survey or a net promoter score. Late-stage assembly in the warehouses enables five-day delivery.

Customer Service 324

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 324

Demand Solutions

DECEMBER 30, 2014

But regardless of whether you plan to read a book every week, go running every day at 6 AM, or finally put some money in your IRA, I believe the New Year is a perfect time to make some resolutions about your supply chain. And let’s say that we have seven line items in stock and can ship them complete. I say we all need to dig deeper.

Forecasting 190

Forecasting Supply Chain Planning Supply and Demand Scenario Planning 190

Unleashed

MAY 20, 2024

With the right Electronic Data Interchange set up between partners you can achieve the fabled ‘one up, one down’ supply chain visibility we’re all supposed to strive for – on selected metrics at least. “Stallion Express is a Toronto-based company specialising in shipping and logistics solutions for online sellers.

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Software Logistics Network Optimization Software S&OP 52

Supply Chain Shaman

NOVEMBER 15, 2021

Maersk, the world’s largest container shipping company, reported its best quarter in 117 years, posting a $5.9B Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Sitting waiting for a confirmed booking.) profit for Q3 on $16.6B What can we learn?

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

Supply Chain Shaman

NOVEMBER 15, 2021

Maersk, the world’s largest container shipping company, reported its best quarter in 117 years, posting a $5.9B Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Sitting waiting for a confirmed booking.) profit for Q3 on $16.6B What can we learn?

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

SupplyPike

APRIL 29, 2020

In order for an item to be considered replenishable in Walmart’s system, you’ll need to check the order book flag, item status, effective date, MBM code, and positive forecast. Instocks are an incredibly important metric to keep track of as well. These metrics will help you examine your instocks on a corporate level. Pack sizes.

Inventory 63

Inventory Forecasting Software Forecasting Demand Planning Software 63

Logistics Viewpoints

OCTOBER 7, 2022

For those unaware of the term, shrink is an accounting term used to describe when a store has fewer items in stock than in its recorded book inventory. Small businesses getting squeezed out in push for warehouse space. Earlier this week, I read a sobering report from the national Retail Federation (NRF) regarding shrink.

Logistics Network Optimization Software 187

Logistics Network Optimization Software Real Estate New York Logistics 187

GlobalTranz

JULY 5, 2016

From Third Party Logistics, Warehouse information, Technology, and KPIs. It was also evident that many folks wanted more information around KPIs and Metrics, as our top 5 included two posts from this sub-category. e-Book] The Ultimate Guide to Manufacturing, Supply Chain, Logistics, Transportation, & Freight Metrics & KPIs. [e-Book]

Logistics Network Optimization Software 132

Logistics Network Optimization Software Logistics Supply Chain Design Software Modeling Software 132

Unleashed

MAY 2, 2022

These are the 10 most crucial metrics for SMEs – so you can get started on reducing inefficiencies and cutting costs. Using inventory performance metrics can lead to: Happier customers – who get what they want, when they want it, at the price they’re willing to pay. There are a lot of inventory performance measures you could track.

Inventory Reduction 98

Inventory Reduction Inventory Inventory Management Software Procurement Analytics 98

Supply Chain Opz

MARCH 26, 2015

Most inventory control and operations management books tell people to choose a forecasting model that produces the lowest forecast errors. However, notation can be different from one book to the other but they follow the same logic. Then you have to be more specific which service level or fill rate metric you are talking about.

Inventory Reduction 113

Inventory Reduction Inventory Forecasting Manufacturing Procurement 113

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

The tight capacity and shipping downtime can increase rates and severely disrupt freight flow for months. As it takes time for shipping to reset back to ordinary capacity levels and flows, this change impacts rates, and can also influence other supply chain decisions where transportation rates and on-time performance play a major role.

Predictive Analytics Software 130

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Prescriptive Analytics Software 130

crisp

OCTOBER 20, 2022

In this guide, we’ll show you what metrics those are, easy ways to find them, and how you can use them to accelerate your brand’s retail growth. Now that you know how to access your retail data easily and often, here are the metrics you’ll want to keep on hand: Velocity. Retail data: A brand’s greatest asset.

Procurement Analytics 98

Procurement Analytics Inventory Reduction Data Waste Reduction 98

Supply Chain Shaman

JULY 24, 2013

Macy’s had been bragging at conferences about their work on cross-channel fulfillment with progress made in using their stores to ship directly to customers. Macy’s requested that I ship the damaged bowls back. With the introduction of Amazon Prime with free shipping, why do customers need to enter a physical store?

Supply Chain Design Software 277

Supply Chain Design Software Modeling Retail Supply Chain Design 277

Supply Chain Opz

JANUARY 7, 2013

Apple Inc purchases raw materials from various sources then get them shipped to an assembling plant in China. From there, assembler will ship products directly to consumers (via UPS/Fedex) for those who buy from the Apples Online Store. Supply chain professionals also use this metric in inventory management function.

Case Study 279

Case Study Study Negotiating Skills Supply Chain Planning Software 279

Unleashed

APRIL 3, 2023

Limited reporting: QuickBooks lacks deeper business insight reporting than surface-level metrics, meaning evidence can’t be produced for certain quality control, profitability, and efficiency decisions. Synchronise with your ecommerce store and shipping app for a complete end-to-end fulfilment solution.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Forecasting Software Demand Planning Software 52

GlobalTranz

DECEMBER 28, 2017

e-Book] The Ultimate Guide to Last Mile & White Glove Logistics. Last mile e-commerce, last mile technology, last mile metrics and white glove services make standard shipping conversations seem like child’s play, and the new focus on the last mile is anything but. Share This: Read More. [e-Book] Share This: Read More.

Logistics Network Optimization Software 140

Logistics Network Optimization Software Optimal Sourcing Network Optimization Software Logistics 140

Freightos

JANUARY 4, 2018

With 22,000 TEU mega ships exacerbating surplus capacity, the situation is unlikely to improve any time soon. For instance, in early 2017 , Maersk Line natively integrated with Alibaba, enabling online booking instead of the more traditional route of high-touch sales via a separate customer-facing platform. So I set out to change it.

Freight 137

Freight Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software 137

ShipBob

JANUARY 6, 2023

Report on important performance metrics. By automatically dispatching carriers, you can significantly expedite steps such as booking and tendering of freight. Both a TMS and a warehouse management system (WMS) are important aspects of supply chain management. Manage multiple carriers in one place. Fleet/carrier management.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Supply Chain Network Software Forecasting Software 52

Locus

MARCH 4, 2024

Package Sorting: Retailers that rely on captive fleet likely need to hire personnel to sort packages at the warehouse. Since this is a manual process, shipping errors are inevitable, making the entire process expensive and time consuming. Retailers can also charge a small surcharge to compensate for priority shipping.

Supply Chain Planning Software 52

Supply Chain Planning Software Analytics Software Optimization Software Supply Chain Network Software 52

Logistics Bureau

DECEMBER 20, 2021

The following KPIs comprise those commonly used across all warehouse operation types, along with some that are less ubiquitous but which your business might benefit from monitoring. The one thing they all have in common is that, under the right circumstances, they are more than merely valuable metrics. 1: Inventory Turns.

Inventory Reduction 76

Inventory Reduction Inventory Forecasting Cost Reduction Strategies 76

Zipline Logistics

JANUARY 24, 2020

Delivering on-time and in-full is essential to success and a metric used by retailers when evaluating partnerships with vendors of all sizes. But first, let’s look at the background of OTIF metrics and why they came to be. OTIF metrics are not universal. Communicate Clearly with Warehouses. OTIF Meaning and Background.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Inventory Reduction How To 52

Supply Chain Shaman

JANUARY 18, 2016

Traditional supply chains ship cases, pallets and trucks; but not the EACH. With the dawn of eCommerce, companies must now ship the EACH. We how have the endless aisle with the need to ship the EACH. Their processes cannot ship and track the EACH and the outsourcing to third-party logistics is too expensive.

Supply Chain Planning Software 150

Supply Chain Planning Software Modeling Software Supply Chain Software Manufacturing Procurement 150

Locus

JUNE 3, 2022

billion metric tons—the emissions have rebounded in 2021 and 2022. The latter was so severe that cargo ships had to run at half their usual capacity. Download our E-Book on Supply Chain Sustainability and Profitability with Green Logistics. Sustainable warehousing. Where the warehouse is located is also important.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

Unleashed

NOVEMBER 20, 2023

Being able to get traceability on the material, understand when the available dates are and whether it’s in the warehouse, whether it’s due or not … these are all the big things for us that create bottlenecks.” He offers this example: “[One of our clients has] a sizable warehouse, lots of SKUs, and a very good warehouse manager.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 52

Intelligent Audit

DECEMBER 10, 2020

That’s why shippers need to track shipping data and the supply chain KPI values that affect both throughput and financial stability. The so-called perfect order metric is the ideal supply chain KPI. But the metric shows how well a warehouse operates. Delivery On-Time-In-Full. Real-Time Versus Batch Capabilities.

Supply Chain Software 52

Supply Chain Software KPI Supply Chain Optimization Supply Chain Strategy 52

Freightos

JANUARY 4, 2018

With 22,000 TEU mega ships exacerbating surplus capacity, the situation is unlikely to improve any time soon. For instance, in early 2017 , Maersk Line natively integrated with Alibaba, enabling online booking instead of the more traditional route of high-touch sales via a separate customer-facing platform. So I set out to change it.

Freight 120

Freight Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software 120

Supply Chain Shaman

OCTOBER 8, 2019

The design of the conference includes tours of several modern warehouses and centers of excellence. No metric should be measured in isolation, and functional metrics should be replaced with the balanced scorecard metrics shown in Figure 2. 5 A Focus on Functional Metrics Throws the Supply Chain Out of Balance.

Supply Chain Design Software 190

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 190

Unleashed

MARCH 26, 2023

Xero’s native inventory features include: Track up to 4000 stock items Enter and review stock quantities Add items to an invoice You can use this information in conjunction with Xero’s regular accounting suite to compare different financial metrics. Seamless integrations. Powerful upgrade options.

Inventory Management Software 52

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

Supply Chain Shaman

MAY 13, 2015

So when the warehouse team threatened to unionize, I transferred into a distribution, warehouse environment. Warehouse Management and Transportation Management were in their infancy. The flows are typically linear and the analysis is on alternate modes and best shipping lanes. The year was 1985.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Agile and Lean Supply Chain 150

Supply Chain Shaman

FEBRUARY 23, 2015

This morning, my mailbox was bombarded with the news of tentative agreement of the settlement of the nine-month labor conflict between the Pacific Maritime Association (PMA) and the International Longshore and Warehouse Union (ILWU). It takes 2 to 3 days to unload a ship. The ships are getting larger. What do you think?

Long Beach 150

Long Beach Los Angeles Supply Chain Design Software Supply Chain Design 150

ThroughPut

OCTOBER 22, 2021

Nowadays, businesses are required to offer same-day shipping to not only meet escalated demand for goods but also fulfill customer’s expectations of faster delivery. Parallelly, if the demand slows down, excess inventory can take up expensive storage space in both warehouses as well as stores. Demand-driven Variability.

Inventory Reduction 52

Inventory Reduction Expense Reduction Resource Reduction Cost Reduction Strategies 52

Unleashed

AUGUST 28, 2023

The cost of sales is an inventory accounting metric that measures the accumulated costs in getting finished goods to market. The cost of sales metric is most commonly used in the retail and eCommerce industries, whereas manufacturing businesses typically calculate profitability using the cost of goods sold formula instead.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Cost Reduction Strategies Examples 52

FLEXE

DECEMBER 11, 2016

The speakers cover everything from air and ocean freight to trucking and warehousing. Basically, responsible for ocean freight carriers, ocean ships that rely on truck companies. We are a marketplace for warehousing services. Shipping a 40-ton container back in July or June used to cost about $700 — a 40-ton container.

Modeling Software 31

Modeling Software Logistics Network Optimization Software Supply Chain Design Software Predictive Analytics Software 31

Talking Logistics

JANUARY 11, 2019

Moving on, here’s the supply chain and logistics news that caught my attention this week: Amazon to invest in French firm’s technology for self-driving forklifts (Reuters) Warehouses Test a New Breed of AI Robots (WSJ – sub. Finds a Faulty Shipping Safety Net for Brexit (WSJ – sub. Robots in the Warehouse.

Logistics Network Optimization Software 101

Logistics Network Optimization Software Predictive Analytics Software Supply Chain Software Optimization Software 101