Logistics Viewpoints

FEBRUARY 8, 2022

This new behavior means that manufacturers and retailers need to anticipate consumer needs across channels with more accuracy than ever. Another powerful omni-channel market force continues to be the “Amazon effect.” The mega online retailer accounted for a staggering 41.4% of all e-commerce sales in the US during 2021.

Logistics Network Optimization Software 190

Logistics Network Optimization Software Optimal Sourcing Supply Chain Planning Software Modeling 190

Talking Logistics

APRIL 22, 2019

Based on the top Talking Logistics posts and videos this quarter, it’s clear that transportation management remains a hot topic of interest — everything from how to navigate the twists and turns of the market to how to leverage transportation management systems (TMS) and emerging technologies to drive continuous improvement.

Logistics Network Optimization Software 110

Logistics Network Optimization Software Logistics Supply Chain Planning Software Inventory Reduction 110

TransAudit

JULY 6, 2023

It advances digitization efforts, facilitates data cleaning, and streamlines supply chain planning, procurement, and execution. By doing so, machine learning offers stakeholders valuable insights, facilitating continual improvement and making problem-solving more straightforward than ever.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Modeling Optimization Software 52

Supply Chain Network

SEPTEMBER 12, 2015

Over the same time period the use of centralized procurement has also grown dramatically, driven by increasing financial and code of conduct ?controls ig fan of procurement when used prudently and for the appropriate commodities and services. ig fan of procurement when used prudently and for the appropriate commodities and services.

Third Party Logistics 60

Third Party Logistics Logistics Network Optimization Software Logistics Optimal Sourcing 60

Talking Logistics

JULY 24, 2015

Descartes also acquired BearWare , a leading US-based provider of mobile solutions to improve collaboration between retailers and their logistics service providers. The tool provides a supply chain report card along with specific recommendations on how to improve supply chain performance and increase efficiencies.”

Logistics Network Optimization Software 100

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

SCMDOJO

MARCH 8, 2024

This iterative approach allows businesses to continuously improve their inventory management processes, leading to measurable success over time. Company X, a medium-sized retailer, implemented a combination of the top 5 strategies discussed in this blog. Set items to blanket orders with fixed call-off quantities.

Inventory Reduction 82

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 82

ThroughPut

JANUARY 2, 2024

It demands an in-depth understanding of every stage of the supply chain, from the initial procurement of raw materials to the delivery of the final product. Retail giants such as Target Corporation and Walmart Inc. Continuous Improvement Dell continuously refined its processes to reduce cycle times and improve quality.

Inventory Reduction 52

Inventory Reduction Just-in-Time Resource Reduction Expense Reduction 52

HICX Solutions

OCTOBER 13, 2022

Rich is a procurement practitioner who has spent over twenty years working in a number of organizations for various industries, including retail, hospitality, and FMCG. Procurement as a strategic function. I think there’s definitely a better understanding of what Procurement does and the value that it can bring,” he says.

Optimal Sourcing 52

Optimal Sourcing Procurement Expense Reduction Resource Reduction 52

SCMDOJO

DECEMBER 14, 2023

This total time can be further categorized into key components: Procurement Lead Time: This dimension, situated in the upstream supply chain, covers the duration from placing an order to receiving it. Procurement Lead Time: Efficient procurement lead time ensures timely access to raw materials, a fundamental step toward efficient production.

Inventory Reduction 79

Inventory Reduction Vendor Strategies Waste Reduction Cost Reduction Strategies 79

GlobalTranz

OCTOBER 19, 2018

Use for transparency and traceability for buyers, marketplaces, sellers, and consumers, unifying the history of a product from procurement to end-users, as well as throughout returns, if necessary. In other words, look to companies with a history of continuous improvements, such as Cerasis and CargoX. Download Here.

Logistics Network Optimization Software 211

Logistics Network Optimization Software Demand Planning Software Supply Chain Software Material Savings 211

Talking Logistics

AUGUST 4, 2014

Managed services can include a lot of different things: supply chain modelling and network design, transportation procurement engagements (both strategic and tactical), day-to-day planning and execution of shipments, business intelligence and analytics services, execution of continuous improvement projects, and so on.

Logistics Network Optimization Software 166

Logistics Network Optimization Software Network Design Software Supply Chain Design Software Modeling 166

EazyStock

NOVEMBER 19, 2020

Great stock replenishment can add value along the entire supply chain: Manufacturers – ensures a continuous supply of raw materials and prevents costly delays in production. Retailers – helps prevent dreaded ‘out-of-stock’ scenarios and keeps customer reviews positive which is terrific for any brand.

Optimal Sourcing 98

Optimal Sourcing Negotiating Skills Inventory Reduction Purchasing Skills 98

Unleashed

FEBRUARY 12, 2024

This number can then be used as a benchmark for continual improvement, supporting sustainable business growth. Ordering costs: Also known as setup costs or procurement costs, ordering costs are the expenses incurred by a business each time it places an order for inventory or materials from suppliers.

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

Procurement Solutions 78

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 78

Supply Chain Shaman

JANUARY 21, 2014

For the translation of a purchase of Aleve at a retail outlet store to Bayer, the manufacturer is 60 days. Each role–customer service, sales, procurement, manufacturing–have a different need/definition for the demand signal. This time lapse varies by product and by channel. Demand Translation. Demand Shaping.

Supply and Demand 334

Supply and Demand Modeling Demand Planning Software Forecasting 334

American Global Logistics

SEPTEMBER 12, 2023

It involves coordinating and integrating various activities, from procurement to production to distribution, to ensure the seamless flow of goods and services. Collaborative planning, forecasting, and replenishment (CPFR) enable real-time collaboration between suppliers and retailers, enhancing inventory management and reducing stock-outs.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Supply Chain Software 52

Supply Chain Matters

JUNE 15, 2023

Our Skowhegan factory expansion ensures their skilled craftsmanship and dedication to continuous improvement will help us meet our significant U.S. Our Maine associates have proven that high-quality athletic footwear can be produced in the U.S. and global consumer demand and drive future business growth.”

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Sourcing Strategies Manufacturing 52

Synovos

APRIL 2, 2024

What is MRO procurement? Understand MRO procurement and your bottom line will benefit. The hidden cost of MRO procurement The adage time is money captures why MRO can be costly and why that cost is not always obvious. Why is handling MRO procurement so costly? MRO stands for maintenance, repair, and operations.

Optimal Sourcing 52

Optimal Sourcing Procurement Solutions Manufacturing Procurement Procurement Analytics 52

Supply Chain Game Changer

JANUARY 15, 2020

Reassess the state of new and legacy systems to determine opportunities for improvement. Expand the supply chain to include new vendors, logistics service providers, retailers, and other partners. A Responsive Supply Chain is ready to answer demand and always focuses on the need for continuous improvement. Train staff.

Supply Chain Planning Software 53

Supply Chain Planning Software Supply Chain Software Vendor Strategies Supply Chain Strategy 53

Kinaxis

NOVEMBER 27, 2015

It talks about how more and more companies are adding Chief Supply Chain Officers (CSCO’s) to their executive groups – companies ranging from emerging startups like eCommerce glasses retailer Warby Parker to established, highly-regulated Fortune 500 companies like defense contractor Raytheon. A relentless focus on continuous improvement.

Manufacturing Procurement 100

Manufacturing Procurement Supply Chain Software Supply Chain Optimal Sourcing 100

Unleashed

APRIL 21, 2024

Purchase order processing Purchase order processing is a component of procurement that ensures that goods or services are acquired efficiently and effectively. Regularly analyse and improve existing processes Analysing and implementing feedback leads to incremental improvements in your order processing workflow.

Inventory Management Software 52

Inventory Management Software Analytics Software Supply Chain Design Software Demand Planning Software 52

ShipBob

OCTOBER 1, 2021

Improves customer satisfaction with quicker delivery. In this article, we’ll discuss why lean supply chains are gaining popularity, why ecommerce retailers should consider moving to lean supply chains, the best lean supply chain techniques, and how to use the right 3PL partner to help you transition to a leaner supply chain.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

GlobalTranz

AUGUST 25, 2017

They work on continuous improvement of quality and efficiency of operations under their direct control. Keeping in contact with retail stores about product shipments is also one of their job duties. Keeping in contact with retail stores about product shipments is also one of their job duties. Distribution Manager.

Material Savings 76

Material Savings Inventory Reduction Optimal Sourcing Transportation 76

Talking Logistics

MARCH 4, 2016

This self-service 4-session course provides an overview of how to build a strong transportation management foundation, with a focus on strategy development, procurement, the role of technology, and the importance of enabling a continuous improvement culture and processes. As reported by Reuters , the company will invest “$2-$2.5

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Planning Software Forecasting Software Supply Chain Network Software 0

GlobalTranz

DECEMBER 29, 2014

History of Reverse Logistics is at the Core of The Stories of War, Retail, eCommerce, and Automotive Aftermarket : As you will see today the history of reverse logistics is quite older than the buzz word of it being thrown around more often today, due to the rise of internet retailing, also known as eCommerce. Read the Full Post.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

Unleashed

DECEMBER 5, 2023

Goods are being produced, procured, and delivered more efficiently with reduced costs. Now, it’s slowly becoming a staple of ordinary online retail as well. Inventory management Inventory management can feel like a constant battle for eCommerce retailers. Put simply, dynamic pricing is the automation of pricing adjustments.

Inventory Management Software 52

Inventory Management Software Predictive Analytics Software Supply Chain Design Software Demand Planning Software 52

BlueYonder

FEBRUARY 19, 2024

As grocery retail value chains have innovated past new challenges, increased value chain integration asks a relevant and timely question: is it time for retail value chains to behave and operate as one single ecosystem ? Aligning the grocery retail ecosystem around real-time inventory marks the initial stride.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Waste Reduction Inventory Reduction 52

RELEX Solutions

JUNE 19, 2017

Løvenskiold Handel operates one of Norway’s leading building and DIY retailers and offers customers a wide range of construction supplies through its nationwide Maxbo-branded stores. Løvenskiold searched for more effective store operations and wanted to offer better procurement support to their stores.

Cost Reduction Strategies 0

Cost Reduction Strategies Vendor Strategies Inventory Reduction Supply Chain Planning Software 0

FLEXE

OCTOBER 11, 2018

Up until a few years ago, mattresses were pretty hefty investments—some costing thousands of dollars with middleman markups from retail stores. They also gained a team of experts that helps them continually improve their fulfillment operations and strategy. A good mattress impacts our sleep; sleep impacts our health.

Case Study 28

Case Study Inventory Reduction Cost Reduction Strategies Resource Reduction 28

Supply Chain Game Changer

NOVEMBER 7, 2018

The retailers would fight tooth and nail to stop anyone from returning anything. Add that to the returns rate in the brick and mortar retail industry and there are over $650 Million worth of returns annually! Working in the Book Retail Industry was an eye opener for me. It was nearly impossible to return something.

Reverse Logistics 60

Reverse Logistics Logistics Network Optimization Software Logistics Supply Chain Planning Software 60

ThroughPut

FEBRUARY 2, 2024

Franprix Franprix , a French retailer, adopted AI and machine learning-based demand forecasting to optimize stock replenishment. This resulted in a 67% reduction in stockouts and a 30% decrease in fresh food waste, improving inventory management. Cultivate a Culture of Improvement Embrace a culture of continuous improvement.

Prescriptive Analytics Software 52

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

Unleashed

AUGUST 16, 2023

Backordering comes into play when a customer wants to buy a product that is currently unavailable and the wholesaler or retailer allows them to place an order for the item. Continuous improvement: Regularly assess your backordering process to identify areas for improvement. This helps avoid returns or dissatisfaction.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Manufacturing Procurement Inventory Reduction 52

Unleashed

OCTOBER 4, 2023

Integration with other supply chain functions: Order fulfilment connects with other aspects of the supply chain – such as procurement, production planning, and demand forecasting – to ensure alignment and smooth operations. According to one report, small online retailers experience an average order fulfilment speed of 16 hours.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

GlobalTranz

FEBRUARY 17, 2016

Forecasting Cost : Food, fashion, and retail all have seasonal turnover. Decreased Competitiveness : In the age of e-commerce , everyone is competing for customers. Carrying slow-moving inventory or shipping damaged/incorrect product hurts customer relationships. How do you achieve warehouse cost reductions? Let me know in the comments below!

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

Logility

JUNE 24, 2021

We are focused on continually improving the sophistication of how we service our customers, and the timing of doing so couldn’t have been better. These projects show how supply chain solution and service providers help their customers and clients achieve supply chain excellence and prepare their supply chains for success.

Supply Chain Planning Software 26

Supply Chain Planning Software Logility Supply Chain Design Software Demand Planning Software 26

CH Robinson Transportfolio

FEBRUARY 18, 2021

Like many industries, retail has been evolving for some time. Consumer demands are shifting shopping experiences and retail compliance programs are being enforced as the need to have the right inventory in the right place at the right time becomes even more critical. Five insights to drive retail supply chain improvements.

Optimal Sourcing 45

Optimal Sourcing Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 45

GlobalTranz

DECEMBER 7, 2015

This collaboration is driven by companies looking to increase sales by offering online product recommendations and promotions, as well as end-customers seeking the rich and personalized online experience that many retail websites offer. Manufacturers will sell more parts directly to consumers, even if it’s still through their dealer channel.

Manufacturing Procurement 120

Manufacturing Procurement Analytics Software Trends Supply Chain Design Software 120