Logistics Viewpoints

SEPTEMBER 16, 2021

Disruption has been the name of the game for more than a year as supply chain leaders have been dealing with changing buyer behaviors, inventory management challenges, labor shortages, weather and pandemic-related uncertainty, cyber security threats and capacity constraints that continue to create significant supply chain volatility.

Supply Chain Risk Management 216

Supply Chain Risk Management Risk Management Supply Chain Design Software Supply Chain Planning Software 216

Arkieva

AUGUST 8, 2016

A new study by the SupplyChainDigest analyzing the main components of working capital: Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO) revealed an uptick in DIO. Sustainable Freight Action Plan for California is estimated to Improve Freight Efficiency by 25% in 2030.

Sourcing Strategies 60

Sourcing Strategies Inventory Reduction Supply Chain Planning Software California 60

CH Robinson Transportfolio

DECEMBER 15, 2021

For example, while it may not be feasible to transport 100% of your freight via air, air freight continues to be the fastest way to replenish inventory, so prioritizing specific freight can help keep cargo moving. In fact, C.H. If you import into the U.S., Final Thoughts.

Sourcing Strategies 64

Sourcing Strategies Logistics Network Optimization Software Cost Reduction Strategies Global 64

Zipline Logistics

JULY 27, 2021

As produce transportation winds down and the freight market loosens slightly for the first time in several months, CPG shippers have the opportunity to prepare for the quickly approaching peak season. Peak season in this context is defined by increased freight volume associated with back-to-school shopping and the coming holiday season.

Vendor Strategies 52

Vendor Strategies Optimal Sourcing Sourcing Strategies Cost Reduction Strategies 52

Supply Chain Shaman

APRIL 15, 2020

My first focus was on China sourcing. China was the source of over 90% of PPE.) I continue to think about the COVID-19 recovery and how to help clients. Border crossings will be tough, and the infrastructure for the ocean and air freight tumultuous. My last post on the Supply Chain Shaman blog was forty-five days ago.

Supply Chain Planning Software 427

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 427

Intelligent Audit

AUGUST 3, 2022

While many professionals have attended at least one typing class in their lifetime, it is likely that none ever encountered freight invoice-specific direction. To discover this, let’s consider the top ten causes for freight billing discrepancies and what could stop them in their tracks. . Accessorial Charges, Fees, & Waivers.

Freight 52

Freight Supply Chain Software Supply Chain Planning Software Logistics Network Optimization Software 52

ToolsGroup

AUGUST 1, 2022

Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. Department of Commerce International Trade Commission , the percentage of retail sales sourced from ecommerce is predicted to increase into 2024–well beyond the lockdowns that caused the initial rise in ecommerce spend.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

Supply Chain Opz

NOVEMBER 9, 2014

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. That''s why we ask our experts a very simple question " How to improve the operational efficiency in global supply chain? These are three examples: Rule 3.1:

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

Locus Robotics

MARCH 9, 2023

Robots can safely handle multiple tasks, including moving boxes and pallets, simple assembly, inventory counts, maintaining equipment, and product testing. AI and ML can be applied to inventory management, demand forecasting, freight route planning, and much more.

Supply Chain Software 52

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

Supply Chain Shaman

FEBRUARY 16, 2024

The translation of ripple effects of short supply, pricing, quality issues, and freight shifts affects how to source, make, and deliver processes should align. Sensing and Proactive Alerting. The complexities in a supply chain loom large. In today’s systems, they act independently based on order signals.

Supply Chain Planning Software 374

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 374

Supply Chain Game Changer

JULY 30, 2019

In business it is not uncommon to hear the words “Logistics Management” and “Freight Management” thrown around interchangeably. This is extremely important when you consider the tasks at hand, the skills required, and how to fill these types of jobs. What is Freight Management?

Negotiating Skills 72

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Ware2Go

OCTOBER 21, 2021

Learn how to meet expectations without sacrificing bottom line revenue with these 8 simple tips. Led by Amazon, the largest ecommerce companies have reset shoppers’ expectations for freight costs and delivery time. Dimensional Weight (of DIM Weight) is the method that freight and postal carriers use to determine shipping prices.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Inventory Reduction Resource Reduction 52

Intelligent Audit

FEBRUARY 3, 2022

In freight auditing, freight audit advisors work with freight shippers to ensure that all charges are accurate and to prevent wasting money. Shippers can ensure they are getting the best possible rates from their carriers by working with a freight audit consultant. What Freight Auditing Is and Why It’s Important.

Freight 52

Freight Material Savings Resource Reduction Cost Reduction Strategies 52

Intelligent Audit

NOVEMBER 19, 2021

A recent market consultant panel, hosted by PARCEL FORUM ’21, “ How to Best Use Transportation Consultants ,” revealed tremendous insight into the state of the market and how companies are leveraging such technology to reduce costs. The best view is seen through the ocean freight companies working with Intelligent Audit.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Price Reduction Transportation 52

ivalua

JUNE 1, 2022

As we continue to adjust to new business cycles, 2022 offers an opportunity to learn how to incorporate lessons learned from 2020 to establish a new supply chain and customer experience strategy. Digital transformation will lead to the evolution and digitization of key procurement processes, from source-to-pay.

Supply Chain Planning Software 130

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software Manufacturing Procurement 130

Logility

MARCH 29, 2022

As the pandemic eased, ports suffered bottlenecks, natural disasters disrupted freight movement, railways suffered congestion, and new legislation further complicated the movement of goods. In this blog, we’ll briefly explore some recent supply chain disruptors and how to build a supply chain that can effectively navigate the future.

Supply Chain Planning Software 130

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GlobalTranz

APRIL 6, 2021

Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. The demand caught off-guard those retailers and suppliers who relied on just-in-time inventory practices. Does any of that sound like the past two years or so?

Supply Chain Planning Software 189

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

Unleashed

MAY 19, 2020

Now it’s getting tougher – the craft brewing business has so many more breweries starting up and you need to compete smarter in this growing market, think about your customers more efficiently and focus on how to actually track and trace everything you need to make your beer. How many due to production failures? Customer service.

Supply Chain Planning Software 98

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

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. So, how can manufacturers respond to these challenges? How to Effectively Manage Fragmented Supply Chains.

Optimal Sourcing 94

Optimal Sourcing Supply Chain Software Manufacturing Procurement Supply Chain Design Software 94

ModusLink Corporation

SEPTEMBER 1, 2023

Supply Chain Management In the ever-evolving world of freight and logistics, volatility has become the new normal. Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. Strategies for Sourcing Excellence in a Volatile Supply Chain Market.”

Optimal Sourcing 78

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Manufacturing Procurement 78

Supply Chain Shaman

NOVEMBER 21, 2018

Hence the conundrum for supply chain leaders of how to build end-to-end planning and evolve planning. . Companies want good plans, but they do not know how to define what good looks like. The problem is that the acceptance of lanes by the carriers does not force the carrier to accept the freight when tendered. Inventory levels?

Supply Chain Planning Software 195

Supply Chain Planning Software Forecasting Software Supply Chain Planning Demand Planning Software 195

Elementum

NOVEMBER 1, 2018

But the largest source of cost increases for most companies have been driver wages and benefits. As diesel prices tick up and the costs of keeping drivers rises, freight companies are taking action to protect their earnings. Companies like XPO Logistics and Old Dominion Freight have implemented a general rate increase of 5.9

Cost Reduction Strategies 79

Cost Reduction Strategies Price Reduction Expense Reduction Resource Reduction 79

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. Inventory pile-ups. 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

AFFLINK

AUGUST 17, 2022

Unpredictable Consumer Demand Trends Traditionally, organizations got away with loose forecasting and just-in-time (JIT) inventory management to match production to consumer demands. Automation in manufacturing can help be the driving force to lift some of the burden felt by many distributors across the globe. Top Distributor Challenges: 1.

Manufacturing Procurement 62

Manufacturing Procurement Supply Chain Software Optimal Sourcing Demand Planning Software 62

ShipBob

APRIL 26, 2023

The upstream supply chain refers to the flow of inventory in the pre-production stage, mostly in relation to the organization’s suppliers. It involves all the activities related to the sourcing and transportation of raw materials needed in the manufacturing process. Let’s get into it. What is the upstream supply chain?

Supply Chain Planning Software 52

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

Intelligent Audit

OCTOBER 27, 2022

What does that mean for a shipper dealing with hundreds or thousands of freight invoices monthly? . Shippers can get a handle on their expenses by tracking freight invoices and improving their logistics strategy. . Does the data come from a variety of different sources? Inventory Predictions.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

Unleashed

MARCH 23, 2021

Materials management involves the sourcing, procurement, storage and utilisation of direct or indirect materials (see below) used in the manufacturing process. The main responsibility of a materials manager is to source the right goods at a reasonable price. Sourcing and purchasing. Storage and inventory management.

Material Savings 98

Material Savings Purchasing Skills Manufacturing Procurement Negotiating Skills 98

Intelligent Audit

MARCH 17, 2022

The factors driving parcel carrier fuel surcharges include: E-commerce growth – When the pandemic brought home millions of Americans in late 2019 and early 2020, e-commerce became the source for every real need. How Shippers Can Mitigate Surcharge Price Hikes. Consolidate Freight Wherever Possible.

Price Reduction 98

Price Reduction Cost Reduction Strategies Inventory Reduction Sourcing Strategies 98

SCMDOJO

APRIL 15, 2024

With a wide array of products stored in its fulfillment centers, Amazon can consolidate orders and optimize its inventory management systems. Source Amazon Product Range One of the key drivers of Amazon’s success in logistics is the sheer breadth of its product range.

Logistics Network Optimization Software 82

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

ToolsGroup

FEBRUARY 7, 2021

On the supply side, in 2014, I remember that DHL was talking about resilience where everyone was wondering what that really meant and how to set up the risk management globally. I think it’s more that the idea of sourcing and how to buffer certain inventory will be definitely more localized.

Predictive Analytics Software 295

Predictive Analytics Software Retail Modeling Forecasting 295

QAD

FEBRUARY 7, 2023

Being able to score each supplier based on the factors that affect your success gives you visibility into the overall value of each supplier and how to strategize and optimize the relationship. These can be unique to your business or industry, but factors like quantity, quality, location, and price are commonly used.

Price Reduction 98

Price Reduction Material Savings Vendor Strategies Inventory Reduction 98

ThroughPut

DECEMBER 3, 2019

This is why supply chain managers are always stressing over demand forecasts — something that tops the list of most critical inventory management practices. Anyone who has shipped freight by air or sea can attest to the fact that international shipping is complex — in no small part because of the rules and regulations around certain goods.

Material Savings 52

Material Savings Manufacturing Procurement Shipping Saudi Arabia 52

Supply Chain Game Changer

NOVEMBER 13, 2018

Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more. Interestingly there are many views on how to define Supply Chain. Source: [link] ). Source: [link] ).

Supply Chain Design Software 72

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Optimal Sourcing 72

Resilinc

MARCH 30, 2021

In Part 2 we are outlining how to put a plan to paper. Shows how the SCRM program aligns with company strategy (see the end of the Introduction for an example of how to link your company’s strategic objectives with the SCRM’s tactical objectives). Reduction in Freight expediting. Reduced inventory levels.

Supply Chain Planning Software 62

Supply Chain Planning Software Scenario Planning Supply Chain Planning Material Savings 62

Procurement Academy

AUGUST 10, 2021

What defines this approach is “flexibility” to right-size inventory, fitting the demands of the market in a specified time, enhancing the logistics service processes, and increasing the elasticity of the logistics process to respond to market instabilities profitably. How to foster flexibility in your company. Source: Logistics 4.0

Logistics Network Optimization Software 64

Logistics Network Optimization Software Supply Chain Planning Software Demand Planning Software Supply Chain Software 64

Supply Chain Shaman

SEPTEMBER 10, 2020

Today, the bellies of the airplanes are full, and the cost of air freight is too high for many manufacturers. While many companies attempt to improve the response by being reactive on traditional data sources, this is not the answer. Take slow steps to understand how to define process capabilities. Constrained logistics.

Supply Chain Planning Software 395

Supply Chain Planning Software Supply and Demand Supply Chain Design Software Supply Chain Software 395

Unleashed

OCTOBER 4, 2023

Some of the main steps involved in the order fulfilment process include: Inventory management Picking and packing Tracking and communication Shipping and delivery Customer service Returns management Fulfilment costs can represent up to 30% of an eCommerce company’s total operating expenses. It also ensures that resources are used efficiently.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52