Supply Chain Game Changer

NOVEMBER 6, 2019

The right application of warehouse management analytics can enable significant growth for companies, forced to focus on smaller package sizes, not the pallets and cases of the past. Why Do Analytics Overwhelm Supply Chain Leaders? Analytics can be complicated. Benefits of Warehouse Management Analytics.

Analytics Software 60

Analytics Software Procurement Analytics Analytics Warehousing 60

The Logistics & Supply Chain Management Society

APRIL 26, 2022

The Freightos Baltic Index Global Container Freight Index shows the cost of shipping freight remains hugely elevated – more than double the price a year earlier. In fact, global freight rates have increased tenfold since the start of the pandemic. The Role of Digitisation and Analytics in Supply Chain Resilience.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

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. 83% of consumers with a household income of over $100,000 report that returns are important.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

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

Supply Chain Shaman

JANUARY 8, 2014

Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. He is responsible for manufacturing, procurement, supply chain planning, logistics, quality, social responsibility and final product engineering. ” Supply Chain Leader. I am behind. The heat is on.

Procurement Analytics 260

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 260

Logistics Viewpoints

DECEMBER 8, 2022

When it comes to executing mode-specific freight moves from origin to destination efficiently, reliably, and cost-effectively, transportation execution and visibility solutions play a critical role. Visibility solutions allow real-time asset tracking across the entire distribution network. Infor Nexus.

Rail Software 190

Rail Software Real-time Visibility Supply Chain Network Software Supply Chain Planning Software 190

GlobalTranz

JANUARY 22, 2019

2019 is shaping up to be a year in which warehouses and distribution centers continue the development and implementation of technology-based processes. Dropshipping refers to manufacturers sending products directly, but products are purchased through a third-party. The state of the logistics industry is evolving.

Logistics Network Optimization Software 182

Logistics Network Optimization Software Analytics Software Demand Planning Software Trends 182

GlobalTranz

JUNE 4, 2015

In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site. Medical Devices.

Procurement Analytics 120

Procurement Analytics Metrics Quality Material Savings 120

Supply Chain Game Changer

SEPTEMBER 23, 2022

The Anatomy of a Highly Optimized eCommerce Distribution Centre! Distribution channels are vital for companies because they enable smooth item delivery to their customers. On the other hand, inefficient distribution centers are prone to inventory inaccuracy and poor warehouse layout. Change Distribution Center Layout.

Inventory Reduction 52

Inventory Reduction Waste Reduction Expense Reduction Cost Reduction Strategies 52

Supply Chain View from the Field

DECEMBER 16, 2013

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Not surprisingly, analytics is at the top of the list.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

Ware2Go

APRIL 18, 2022

The Amazon distribution network may not always meet the needs of third-party sellers. About the Amazon Distribution Network. The Amazon distribution network is complex and evolving. This guide contains tips for merchants looking to build their own Amazon fulfillment network to support growth on Amazon and beyond. Why It Works.

Network Optimization 59

Network Optimization Distribution Supply Chain Network Software Inventory Reduction 59

GlobalTranz

MAY 20, 2015

When you choose a company to transport your freight or to supply you with the materials you need to manufacture a product, you are putting your hard work and reputation in their hands. The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

GlobalTranz

DECEMBER 29, 2014

Currently, it remains the case that as e-commerce continues to grow, most shippers, particularly multi-channel shippers, are still only just beginning to work out what this will entail for their distribution network infrastructures. Read the full Post. Read the full Post. Download the Webinar Replay.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

Unleashed

DECEMBER 2, 2020

A carefully calculated reorder point is therefore critical to good stock control, and keeps your key metrics looking healthy for your next inventory report. Example 2: The reorder point for retail and distribution. In a retail or distribution environment, instead of average daily usage, we can use average daily sales.

Procurement Analytics 85

Procurement Analytics Manufacturing Procurement Inventory Management Software Procurement Solutions 85

GlobalTranz

FEBRUARY 13, 2017

According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025. There was a time when buying a computer was considered a once-in-a-decade purchase, if not once-in-a-lifetime. Globalization Will Become More Important in Everyday Decisions.

Resource Reduction 205

Resource Reduction Inventory Reduction Trends Logistics Network Optimization Software 205

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. Optimize delivery routes, improve freight operations, and propose the best shipping methods to you.

Predictive Analytics Software 59

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

QAD

AUGUST 16, 2022

Continued fallout, including transport congestion, limited air freight and rail freight transportation in the Asia-Europe lanes, because of the Russia/Ukraine conflict. Supplier visibility provides analytics and insights to inform your strategy. Global supply chains are suffering from what a recent research article from J.P.

Optimal Sourcing 91

Optimal Sourcing Supply Chain Software Manufacturing Procurement Supply Chain Design Software 91

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 are also exploring new distribution models, including micro fulfillment centers located closer to the ultimate consumer. While driving a projected $14.1

Logistics Network Optimization Software 190

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

Freightos

JULY 26, 2018

Not even B2B is spared from these changing expectations (which is why we at Freightos launched an online freight marketplace ). While freight industry executives likely sighed with relief when an update of Amazon’s logistics.amazon.com page on June 28th turned out to be nothing more than a franchise model for courier delivery services.

Logistics Network Optimization Software 132

Logistics Network Optimization Software Data Logistics Supply Chain Planning Software 132

Locus Robotics

MARCH 9, 2023

Artificial intelligence and machine learning AI and ML offer manufacturers powerful predictive analytics that transform manufacturing supply chain management by improving forecasting accuracy and speed, supporting better decision-making, and reducing operational costs.

Supply Chain Software 52

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

Enterra Insights

MAY 3, 2018

Consumers now take the digital path to purchase more often than not; but, they don’t care what retailers call their shopping journey or what strategies companies use to make the shopping journey a seamless one. ” Once a consumer completes his or her digital path to purchase (i.e., ’ They simply just shop.”[1]

Omnichannel 100

Omnichannel Procurement Analytics Supply Chain Design Software Analytics Software 100

GlobalTranz

OCTOBER 21, 2015

Editor's Note: As of late you may have noticed we have written a lot about procurement and the future of procurement. A large part of procurement is finalizing the contract and then the follow through of the determined deliverables in that agreement. All KPIS have metrics to measure. 3PL/SLA Skills/Knowledge.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

Logistics Viewpoints

MAY 26, 2022

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. Their transportation networks are more diverse, in many cases aided by connections to digital freight marketplaces.

Logistics Network Optimization Software 266

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

Zipline Logistics

JANUARY 26, 2021

Pragmatic analysis can uncover opportunities to make improvements that can help control inventory and manage costs. By having enhanced insight into crucial logistics processes, healthcare shippers can increase efficiencies, reduce cost, shorten time to market, and improve inventory management. Leverage Vital Logistics KPIs.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Inventory Reduction 52

ModusLink Corporation

DECEMBER 13, 2022

With so much disruption fresh in mind, looking toward 2023 feels a bit more stable for every warehouse and distribution channel. Additional predictions for rate decline have ranged from 51 to 80% (Hand). The cost control issue isn’t isolated to those in a warehouse or distribution company.

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Trends 78

Supply Chain Game Changer

NOVEMBER 19, 2018

And the reality is that Supply Chain must be cost-effective. Whatever your Industry you should be able to make comparisons to competitors, do benchmarking, and even compare yourself on key metrics across industries. The Supply Chain in the Financial sector is different from Manufacturing and Distribution for instance.

Negotiating Skills 84

Negotiating Skills Cost Reduction Strategies Purchasing Skills Inventory Reduction 84

ShipBob

NOVEMBER 6, 2023

Analytical procedures Doing analytical procedures during inventory audits involves comparing gross margins, inventory turnover ratio , and/or unit costs of inventory with previous years. This helps you understand trends so you can be better informed during inventory procurement and when you’re forecasting demand.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

SupplyPike

APRIL 10, 2020

Distribution centers are overrun and fairly chaotic right now trying to prioritize and fulfill orders, so be mindful of DC appointments and collect ready times to avoid OTIF or ORAD fines. You’ll need to work with your buyer on revising their purchasing plans to favor high demand items. Forecasting. Utilizing technology.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 98

GlobalTranz

OCTOBER 3, 2018

E-commerce has transformed how consumers shop and purchase their favorite products, as well as try new products and services. Solutions to improve transparency and collaboration in e-commerce can successfully mitigate many of the challenges present in e-commerce logistics and manage freight spend. Think about it.

Cost Reduction Strategies 202

Cost Reduction Strategies Purchasing Skills Logistics Network Optimization Software Price Reduction 202

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. Why Choose a Job in the Supply Chain Industry?

Supply Chain Planning Software 96

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

Supply Chain Game Changer

AUGUST 21, 2022

This chemical manufacturer is converting its entire distribution system to containers. This finished product arrives at the retailer’s main distribution warehouse. In order to measure the efficiency of your supply chain, companies must track certain metrics. Metrics help to prioritize activities and improve processes.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

Freightos

DECEMBER 22, 2015

Production Freight Receiving Purchasing Retail Logistics Production: Santa’s little helpers. The production for Christmas Present is one of perpetual flux and readiness, from R&D, sourcing and assembly to distribution. Another story playing out with hoverboards is the potential hazard of cutting corners to save costs.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Software Purchasing Skills Agile and Lean Supply Chain 120

Enterra Insights

FEBRUARY 12, 2019

The exceptions were goods purchased from mail-order catalogs. Andrew Chung, CEO of Innovo Property Group, explains, “[The] explosive growth of online purchasing and competition among online retailers has resulted in a race to reach consumers. The last mile of most traditional logistics’ journeys ended at a retail store.

Eliminating Excel in Purchasing 100

Eliminating Excel in Purchasing San Francisco Warehousing Logistics Network Optimization Software 100

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. Cut materials costs.

Material Savings 98

Material Savings Purchasing Skills Manufacturing Procurement Negotiating Skills 98

BlueYonder

FEBRUARY 17, 2022

Followed by focus on big data analytics where companies began leveraging BI (business intelligence) tools for data-driven decision making. As we adhered to shelter-in-place orders from the CDC (Centers for Disease Control), each of us were purchasing more products and services online at a faster adoption rate than ever before.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 70

Supply Chain Matters

MAY 3, 2022

The report authors noted that this index, when calculated without the impact of China would have posted a 53.2 The report specifically indicated: “ Average purchase prices rose to one of the greatest extents during the past 11 years, leading to the joint-steepest increase in output charges since the series began in October 2009.”. .

Manufacturing Procurement 52

Manufacturing Procurement China Purchasing Skills Supply Chain Planning 52

BlueYonder

JANUARY 31, 2023

The visibility will include not just the short-term purchase order or ASN-level visibility, but also the tactical kind of forecast collaboration with the suppliers. Level-two is starting to leverage predictive analytics: Can I predict where a challenge or disruption is going to occur?

Automotive 83

Automotive Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 83