The Logistics & Supply Chain Management Society

AUGUST 20, 2020

A digital workforce weaves together disconnected automation tools – Robotic Process Automation (RPA), AI, and machine learning – to think, act and analyse the way a human worker would, and work alongside humans. Procurement. Purchase Order Management. Inventory Management.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

AIMMS

OCTOBER 17, 2023

According to a Proxima report “Investing in a Sustainable Supply Chain,” there has been a significant change in the priorities of investors. Supply chain optimization software like SC Navigator can heavily help in discovering significant cost-saving opportunities that can be re-invested in a supply chain decarbonization project.

Optimal Sourcing 156

Optimal Sourcing Supply Chain Planning Software Modeling Waste Reduction 156

Supply Chain Shaman

NOVEMBER 29, 2021

The news reports symptoms, not root causes. The traditional technology company puts new lingo on their marketing and the salespeople jet around the world, but we are not asking ourselves, “How do we improve outcomes with the changing winds of the supply chain? Current supply chain systems either optimize volume or currency.

Supply Chain Planning Software 195

Supply Chain Planning Software Modeling Supply Chain Optimization Supply Chain Software 195

Freightos

SEPTEMBER 8, 2020

Special thanks to Lars Jensen, CEO at Sea Intelligence Consulting and Zvi Schreiber, CEO of Freightos Group for their input and insights for this report. . It’s hard to predict what demand will be like for products like these ahead of time. And if not, why have prices been skyrocketing when demand is not? Enter COVID-19.

Purchasing Skills 219

Purchasing Skills Price Reduction Freight Supply Chain Software 219

Unleashed

JULY 25, 2023

The inventory turnover ratio measures how often stock is sold and replaced over time. It’s a vital inventory accounting metric for monitoring sales and managing perishable goods – without it, your business will struggle to operate efficiently and could start losing money fast. What’s the difference?

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

ShipBob

NOVEMBER 6, 2023

Table of Contents ** Minutes What is an inventory audit? When it comes to selling goods, ecommerce businesses may audit their inventory — whether it’s for tax purposes annually or to simply verify units on hand. Inventory audits can be done in-house or by a third party and represent one point in time. What is an inventory audit?

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

Logistics Viewpoints

FEBRUARY 2, 2024

Soft demand in Europe and the US led to an overall decline of 7.5 Higher labor costs and lower package demand resulted in fourth-quarter sales and 2024 guidance that missed analysts expectations. More than $728 million is on the way to communities around the nation to bolster intermodal freight infrastructure.

Cost Reduction Strategies 238

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 238

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Special thanks to Lars Jensen, CEO at Sea Intelligence Consulting and Zvi Schreiber, CEO of Freightos Group for their input and insights for this report. It’s hard to predict what demand will be like for products like these ahead of time. And if not, why have prices been skyrocketing when demand is not? Enter COVID-19.

Purchasing Skills 217

Purchasing Skills Price Reduction Freight Supply Chain Software 217

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. And the effect of inaccurate demand forecasting is felt across the supply chain.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

ToolsGroup

AUGUST 1, 2022

Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. 84% of buyers read the return policy before making an online purchase.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

Supply Chain Shaman

SEPTEMBER 10, 2020

Tarif issues on Canadian spruce lumber complicate the surge in demand for the building surge. Food and beverage companies are experiencing double-digit demand. For example, Campbells Soup is struggling to keep up with the demand for soup, potato chips, and cookies. In short, the order is not a good proxy for market demand.

Supply Chain Planning Software 421

Supply Chain Planning Software Supply and Demand Supply Chain Design Software Supply Chain Software 421

Logistics Viewpoints

OCTOBER 31, 2022

This technology company is headquartered in Friedrichshafen, Germany. Among other things, ZF manufactures electrified powertrains, car chassis technology, active and passive safety systems, and advanced driver assistance systems. ZF transforms those purchased products into over 2,000 products.

Agile and Lean Supply Chain 201

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Lean 201

Elementum

JUNE 30, 2022

Welcome to Elementum’s Supply Chain Market Report. We’ll also highlight emerging technologies that we believe can have an outsized impact on global supply chains. We review how those trends are likely to impact Supply Chain and what leaders can do to adjust. Stalling Demand. Prices of agricultural oils (e.g.

Procurement Analytics 78

Procurement Analytics Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 78

Logistics Viewpoints

MAY 26, 2022

There are lively debates about the meaning and prioritization of scale, globalization, outsourcing, and inventory optimization. The percentage of purchases made and fulfilled through digital commerce has exploded in the past two years, advancing a pre-pandemic trend by as much as 10 years according to some industry watchers.

Logistics Network Optimization Software 266

Logistics Network Optimization Software Optimal Sourcing Supply Chain Design Software Modeling 266

ShipBob

DECEMBER 20, 2021

Think about your most recent purchase. Regardless of what it was (new tube of toothpaste, dog treats for your pup, or a new filter for your water purification system), logistics is the system behind getting it into your hands. Freight forwarding. Inventory management. Inventory management. Demand planning.

Logistics Network Optimization Software 97

Logistics Network Optimization Software Forecasting Software Supply Chain Planning Software Supply Chain Design Software 97

GlobalTranz

SEPTEMBER 26, 2018

According to Logistics Management, more parcel carriers are moving heavier parcel shipments to less-than-truckload freight in e-commerce because they’re overwhelmed. This creates a wonderful opportunity for shippers to eliminate the middleman costs by considering the use of less-than-truckload freight options for e-commerce.

Shipping 168

Shipping Cost Reduction Strategies Expense Reduction Resource Reduction 168

ThroughPut

JUNE 4, 2020

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. Demand forecasting.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

ThroughPut

JUNE 4, 2020

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. Demand forecasting.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

Supply Chain Matters

AUGUST 22, 2022

In this Supply Chain Matters industry specific commentary, we make the observation that retail industry sales and operations planning and demand support teams, given the current state of recent business financial performance, need to up their game in supply network inventory management agility and added responsiveness. .

Inventory Management Software 52

Inventory Management Software Agile and Lean Supply Chain Inventory Management Inventory Reduction 52

NC State SCRC

MAY 30, 2022

The report was published in the last month, and reflects some of the increasing challenges and disparities that exist between procurement and supply chain executives. In this study, we explore the primary forms of misalignment that exist between supply chain and procurement executives. (We

Supply Chain Execution 98

Supply Chain Execution Procurement Analytics Procurement Solutions Optimal Sourcing 98

Cathy Roberson

AUGUST 15, 2022

Many retailers are feeling inventory pains despite assuring analysts that they're quite pleased with their inventory levels. Mind you, some retailers may indeed be pleased with their inventory levels, but others may be trying to figure out where to store the excess inventory since so many warehouses are beyond full.

Inventory Reduction 52

Inventory Reduction Resource Reduction Inventory Cost Reduction Strategies 52

GlobalTranz

APRIL 6, 2021

Embracing technology is part of that solution. It also takes flexible and redundant suppliers, systems, and talent to create an organization that survives and thrives while others struggle. The demand caught off-guard those retailers and suppliers who relied on just-in-time inventory practices.

Supply Chain Planning Software 189

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 189

Unleashed

MAY 1, 2023

Demand forecasting has gained increasing importance over the last few years. We met with five supply chain experts to discuss how crucial demand forecasting is for mitigating risk, and what businesses can do to improve forecast accuracy. Our experts explain that best-practice demand planning begins with a top-down forecast.

Forecasting 96

Forecasting Supply and Demand Modeling Forecasting Software 96

Locus Robotics

MARCH 9, 2023

Manufacturers can start by identifying which supply chain processes can be enhanced by automation, researching AI and software tools to find the best fit for their use cases, and developing a digital transformation plan that keeps them on track to keep up with the future of manufacturing.

Supply Chain Software 52

Supply Chain Software Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 52

BlueYonder

FEBRUARY 17, 2022

Focus on warehouse automation has come full circle since the last big automation movement of the ‘90s, but today with a significantly better set of tools and technological improvements enabling more robust digital transformation and warehouse automation. At the forefront were: politics , the economy and technological advances.

Supply Chain Planning Software 69

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 69

3rdwave

JANUARY 17, 2020

And end-to-end supply chain visibility is a necessity in optimizing demand fulfillment. Optimized demand fulfillment is defined by the success in getting the right product, to the right destination at the right time with minimized safety inventory. visibility to performance metrics. visibility to performance metrics.

Optimization Software 54

Optimization Software Supply Chain Optimization Demand Planning Software Supply and Demand 54

Freightos

NOVEMBER 11, 2021

The ”end” they refer to – whether it’s forwarding, fulfillment, or platforms for B2B or B2C sales – remains fairly ambiguous, spanning an acquisition of fashion logistics company HUUB in September 2021 to an investment in rapid fashion production company Unmade. Accelerating the shift. Image via StarAir.dk). Enter Big Tech.

Price Reduction 178

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 178

Logistics Viewpoints

FEBRUARY 8, 2022

As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. They need to deliver the right product to the right location at the right time, flawlessly, to fulfill ever-more volatile demand patterns and shopping behaviors.

Logistics Network Optimization Software 190

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

Supply Chain Shaman

SEPTEMBER 3, 2015

We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. We feel so strongly about this that we do not have an inventory planning role.”

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

SCMDOJO

APRIL 15, 2024

This system uses giant warehouses, lots of trucks, and even cool robots to move things quickly. We’ll look at their warehouses, their delivery tricks, and even how they use new technology to make things faster. Pharmacy: Amazon Pharmacy – Online service for purchasing prescription medications with home delivery.

Logistics Network Optimization Software 82

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 82

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. But cost-saving isn’t the only benefit of an optimised fulfilment process. This can include freight forwarding and documentation management.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

EazyStock

MAY 24, 2022

Often, businesses focus on inventory management from a supply chain perspective – holding enough stock to meet customer demand and hitting fulfillment targets. This post, however, will focus on the financial aspect of inventory: inventory value – taking an accountant’s view of how to manage stock effectively.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Inventory Management Inventory 52

GlobalTranz

OCTOBER 2, 2018

Yet, as few as 33 percent of shippers have taken advantage of a transportation management system (TMS), reports Michael of Levans of Logistics Management. This is due to the higher rate of returns associated with e-commerce purchases. Going back to reverse logistics, consumers expect a hassle-free, cost-free returns process.

Logistics Network Optimization Software 198

Logistics Network Optimization Software Material Savings Vendor Strategies Cost Reduction Strategies 198

Unleashed

MARCH 23, 2021

Chances are, especially in this strange new economy, life is going to get fairly complicated as you need to adjust the supply of materials to meet changing demand , as well as account for all the other little details that come along with purchasing and utilising materials. Sourcing and purchasing. What is materials management?

Material Savings 98

Material Savings Purchasing Skills Manufacturing Procurement Negotiating Skills 98

Unleashed

MAY 19, 2020

Leveraging the best manufacturing Enterprise Resource Planning (ERP) software, maximising productive efficiency, and accessing management expertise early , are the strategies that will set the best apart. Brewery software: Enterprise Resource Planning for brewers. Brewery software features to look for. Auditing your business.

Supply Chain Planning Software 98

Supply Chain Planning Software Forecasting Software Inventory Management Software Demand Planning Software 98

Supply Chain Matters

JUNE 21, 2022

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. This report provides a snapshot of the U.S. This Year’s Report Themes and Key Messages.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

Intelligent Audit

JULY 5, 2022

FedEx Partners with FourKites to Develop Logistics Intelligence Platform. On June 22, 2022, FedEx and FourKites announced a joint initiative to develop an end-to-end intelligence platform called FourKites X. Supply Chain Dive reported that the company’s buying binge has not been exclusive to the U.S., year-on-year.”

Quality 52

Quality Supply Chain Planning Software Procurement Solutions Procurement Analytics 52