ThroughPut

NOVEMBER 12, 2020

Studies show that worldwide, companies spend an estimated $350 billion a year on warehousing, and this number is only estimated to increase with high dependence on traditional warehouse practices. Warehousing is a vital function of global supply chain management, however often overlooked. Lean warehousing.

Warehousing 52

Warehousing Expense Reduction Inventory Reduction Supply Chain Design Software 52

Logistics Viewpoints

MAY 15, 2023

GXO is the world’s largest contract warehousing provider. Mr. Lewis announced that Blue Yonder’s warehouse management system (WMS) – with the attached modules for labor management, automation, and order management – would become the preferred solution offered to customers in the Direct division. and Canada.

Supply Chain Network Software 210

Supply Chain Network Software Supply Chain Planning Software Optimization Software Forecasting Software 210

GlobalTranz

JULY 12, 2016

A Director of Operations, Warehouse Director or Manager, or even the Director of Supply Chain or Logistics, are always in the pursuit of continuous improvement as well as warehouse cost savings in both time and money. 5 Key Areas to Focus on in the Pursuit of Warehouse Cost Savings.

Material Savings 120

Material Savings Cost Reduction Strategies Waste Reduction Optimal Sourcing 120

Logistics Viewpoints

MAY 26, 2022

The pursuit of ever higher efficiency and speed have dominated transformation initiatives for more than forty years, driven in large part by the assumption that raw materials, commodities, warehouse space, transportation capacity and labor will be plentiful and immediately available at stable and often declining cost.

Logistics Network Optimization Software 264

Logistics Network Optimization Software Optimal Sourcing Supply Chain Design Software Modeling 264

SCMDOJO

MARCH 8, 2024

By negotiating lower MOQs with suppliers, businesses can reduce the amount of inventory they need to purchase at once. By working closely with suppliers to shorten lead times, businesses can minimize the time inventory sits idle in warehouses. Act: Continuous improvement is key to optimizing inventory management processes.

Inventory Reduction 80

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 80

GlobalTranz

FEBRUARY 17, 2016

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. In the first part I put forth 6 areas of focus in order to reduce logistics costs. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

Unleashed

FEBRUARY 12, 2024

With a simple calculation, you can understand what it costs to store and maintain goods. This number can then be used as a benchmark for continual improvement, supporting sustainable business growth. What is inventory carrying cost? What inventory costs are not considered carrying costs?

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

GlobalTranz

FEBRUARY 16, 2016

This is the first of a two-part series where I will curate and cull information from my 4 decades of experience in logistics cost reduction at various positions in the supply chain. In this first part, I will focus on 6 places that you can apply to your organization to reduce costs and increase profit. Focus on Labor Costs.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

Talking Logistics

NOVEMBER 15, 2016

Freight Audit may not be the sexiest aspect of transportation management, but that doesn’t mean it doesn’t play a critical role in helping companies effectively manage and control their transportation spend, as well as provide valuable insight to drive continuous improvement.

Freight 0

Freight Analytics Software Procurement Analytics Sourcing Strategies 0

GlobalTranz

MARCH 15, 2018

From the Blockchain in Trucking Alliance (BiTA) to the use of the internet of Things, explains i-Scoop , intelligent supply chain management is changing the game for traditional warehouses, retailers, consumers, and employees alike. Use big data and algorithms to improve operations. Never stop improving.

Supply Chain Design Software 188

Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software Supply Chain Design 188

SCMDOJO

NOVEMBER 17, 2023

We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. Whether it’s purchasing, procurement, transport, technology, facilities, or other specialized areas, understanding your passion will influence the subsequent steps in this rewarding career path.

Supply Chain Planning Software 71

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 71

crisp

SEPTEMBER 6, 2023

The article demystifies the complexities of scope 3 emissions reporting, offering key tips to stay ahead of regulatory changes and satisfy stakeholder demands. Until recently, reporting scope 3 emissions – which include indirect sources that organizations contribute to – has been optional. In 2010, the U.S. What are scope 3 emissions?

Procurement Analytics 52

Procurement Analytics Manufacturing Procurement Waste Reduction Supply Chain Design Software 52

GlobalTranz

AUGUST 25, 2017

Editor's Note: Today's blog comes from our friend Michael Stoddard who shares the top 10 transportation jobs in the industry. If you happen to find yourself searching for careers in logistics, transportation and supply chains, you'll be happy to know that there's no shortage of positions. Transportation Manager.

Material Savings 76

Material Savings Inventory Reduction Optimal Sourcing Transportation 76

GlobalTranz

DECEMBER 29, 2014

Some logistics involves transportation or warehouses or both. It is evident, the two most popular themes around logistics in 2014 based on these page views have to deal with Reverse Logistics , e-commerce , and information around the warehouse. We thank all of our readers who have read our posts. Read the full Post.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

Unleashed

JANUARY 31, 2023

Strive for continuous improvement Finally, lean logistics is not a stagnant or one-off process. Requires less storage space Less inventory comes at a lower cost to keep around. There are opportunities to improve efficiency throughout the entire supply chain process.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Waste Reduction Inventory Reduction Cost Reduction Strategies 98

Locus

APRIL 3, 2023

This refers to planning, coordinating, and executing the flow and storage of goods and services, including activities such as transportation, inventory management, order processing, warehousing, packaging, and security. The use of transportation management systems (TMS) for last-mile delivery is expected to grow at a CAGR of 16.2%

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Supply Chain Planning Software 52

HICX Solutions

AUGUST 11, 2021

SXM Webinar Series with Art of Procurement. In the first of a three-part Art of Procurement Live Webinar Series ‘Putting the Supplier Experience at the Forefront of Strategic Procurement’ in partnership with HICX, we focus on how to make the business case for Supplier Experience Management (SXM). .

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

The Logistics of Logistics

OCTOBER 8, 2012

As a contract customer, upfront costs will be a subject of discussion and negotiation. The relationship will not work without trust and Continuous Improvements through constant communication in your relationship. He is a guest speaker at the Purchasing Management Association and the University of Wisconsin-Madison.

Third Party Logistics 145

Third Party Logistics Negotiating Skills Purchasing Skills KPI 145

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. Shipping and logistics: Selecting the appropriate shipping method, arranging transport, and coordinating with couriers for delivery.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

Unleashed

MAY 25, 2023

Inventory purchases and storage fees have major impacts on your business’s profitability. By understanding the flow of products into and out of your warehouse, you can minimise these costs – ultimately improving your margins. However, ensuring the right products are in the warehouse at the right time comes first.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Inventory Reduction Forecasting Software 52

Supply Chain Shaman

JANUARY 21, 2014

In companies, there is no standard model for demand processes. New forms of analytics make new capabilities possible. > Unfortunately, companies have invested money in traditional forecasting processes believing that if they make the forecast better that corporate performance will improve. It is evolving. Independent Demand.

Supply and Demand 338

Supply and Demand Modeling Demand Planning Software Forecasting 338

GlobalTranz

MARCH 23, 2016

Today I will discuss how a company can sustain a lean culture once they have implemented lean practices in order to achieve continuous improvement. I use a method I call managing for daily improvement or MDI. How can we Continuously Improve Daily and Sustain a Lean Culture and Behavior? Industry Week, March, 2016).

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

Unleashed

FEBRUARY 21, 2024

If you’re selling products, your customers should feel confident that they can negotiate with you in the event their purchased goods arrive damaged, incorrect, or are no longer required. A system should be set up for tracking key returns metrics, such as the rate of return, refund rate, exchange rate, and time per return.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Cost Reduction Strategies Material Savings 52

GlobalTranz

JUNE 12, 2018

As explained by Dan Goodwill via Canadian Shipper, the problem goes much further than that, including lacking compliance management, subpar, if any, use of transportation management systems (TMS, and failure to utilize granular shipment activity data. Lower cost of shipping. Higher prices will also result in consumers jumping ship too.

Freight 150

Freight Price Reduction Supply Chain Planning Software Cost Reduction Strategies 150

Talking Logistics

MARCH 28, 2017

Focused on specific information—such as warehouse automation—this data is virtually useless for the shipper that wants to streamline and gain visibility over its yard processes. This, in turn, degrades the quality and potential insight that the data will be able to provide.

Supply Chain Software 0

Supply Chain Software Logistics Network Optimization Software Demand Planning Software Procurement Solutions 0

Material Handling & Logistics

SEPTEMBER 27, 2018

Kuebix offers 6 tips to fine-tune transportation strategies for the holidays: 1. Connect to a global community with thousands of carriers, then compare all their rates side-by-side and choose the best carrier for each shipment, leading to substantial cost savings and better customer service. Give customers visibility to their orders.

Demand Planning Software 106

Demand Planning Software Analytics Software Forecasting Software Optimization Software 106

Logistics Bureau

OCTOBER 31, 2017

Imagine stepping back in time to visit a large warehousing operation in 1990. Now imagine what the distribution center of 2045 will look like if technology continues to disrupt logistics as profoundly as it has done since the 1990s. 1990: A Fine Vintage for Warehouse Operators. 1990: A Fine Vintage for Warehouse Operators.

Supply Chain Software 47

Supply Chain Software Supply Chain Design Software Supply Chain Planning Software Warehousing 47

GlobalTranz

DECEMBER 7, 2015

A recent report by Frost & Sullivan, “The Future of Parts and Service Retailing in the Automotive Aftermarket” , predicts that by 2025, 10 to 15 percent of all global parts sales will be made online. Advanced Analytics Continue to Get a Bigger Plate at the Manufacturing Dinner Table. Increasing Equipment Uptime.

Manufacturing Procurement 120

Manufacturing Procurement Analytics Software Trends Supply Chain Design Software 120

GlobalTranz

FEBRUARY 14, 2017

They are the ones making purchases. Since no one in the industry has an innate sense of clairvoyance, predictive analytics will be needed to gain insights and ensure enough products and customer service representatives are available to meet increasing consumer scrutiny and demands. Consumers Will Dictate Logistics Operations.

Continuous Improvement 127

Continuous Improvement Predictive Analytics Software Logistics Network Optimization Software Predictive Analytics 127

GlobalTranz

OCTOBER 27, 2015

Let's talk about the outputs, or desired metrics worth measuring, in each category of what a logistics company might provide. Cerasis is squarely focused on transportation management through technology and managed services , however, there are logistics companies who offer fulfillment, warehousing, freight forwarding, and more.

Six Sigma 120

Six Sigma Logistics Network Optimization Software KPI Company 120

Oracle SCM

JULY 12, 2017

As if the largest economic crisis since the Great Depression wasn’t enough of a challenge to the supply chain industry, the introduction of the smartphone and advanced analytics into the marketplace disrupted the industry further by providing an exponentially growing consumer base and easy access to goods and information.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Procurement in 2021 and beyond.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Logistics Bureau

DECEMBER 20, 2016

In this case your supply chain service policy will need to support that promise , perhaps by specifying automatic use of expedited last-mile transportation as a response to upstream supply delays. Warehouse operational costs. Costs associated with transportation. Procurement costs. Warehouse Costs.

Inventory Reduction 40

Inventory Reduction Cost Reduction Strategies Price Reduction Waste Reduction 40

FLEXE

OCTOBER 6, 2017

IBM published a report stating post-purchase experience, or the delivery promise, has the power to make or break a consumer’s relationship with a brand. A recent CBRE report revealed that the new last mile of delivery—the distance between final fulfillment center and front door—is between 6-to-9 miles from the populations they serve.

New York City 57

New York City Agile and Lean Supply Chain Supply Chain Design Software Modeling 57

Unleashed

FEBRUARY 26, 2024

Warehouse inventory management is a sometimes complicated, always-vital process for managing a company’s physical goods. With the right approach, effective warehouse inventory management will help you increase productivity and profitability while keeping customers loyal and happy. What is warehouse inventory management?

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Material Savings 52

Talking Logistics

APRIL 27, 2016

As digitization continues to modify the global supply chain landscape, its unprecedented data sources and solutions will lead to not only the demise of disparate information systems, but to the rise of true, end-to-end, supply chain visibility. Improve lead times and performance. Augment and Set Visibility Tools In Place.

Optimal Sourcing 100

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 100

Unleashed

OCTOBER 5, 2023

Managing a warehouse can be a complicated task. Multiple processes must be continually optimised to ensure maximum cost-savings, order accuracy, and efficiency. In this warehouse management guide: What is warehouse management?

Inventory Reduction 52

Inventory Reduction Waste Reduction Material Savings Resource Reduction 52