Intelligent Audit

JULY 27, 2021

Peak Season Inventory Management and Fulfillment Strategies to Keep in Mind. To prepare for peak season inventory management and fulfillment demands ahead of the crunch, several strategies need careful consideration: Think strategically to strike the right inventory balance ahead of time to reduce peak demand access.

Inventory Reduction 52

Inventory Reduction Vendor Strategies Cost Reduction Strategies Sourcing Strategies 52

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

Vendor certification is no doubt a step that is done for most organisations when they are building their supply chain, but how intense and how rigorous that certification process is has its limits. Supply chain tracking systems cannot generally see into the vendors operations of resource extraction and this is a challenge of our generation.

Food 130

Food Vendor Strategies Price Reduction Waste Reduction 130

GlobalTranz

APRIL 25, 2017

The concept of actionable intelligence is about using technology and software to ensure company goals reflect industry strategy and demands. Furthermore, system integration brings disjointed systems together, allowing for better communication, added expenses and reduction of backlogs. Why Work With a 3PL? What About 3PLs Offering TMS?

Cost Reduction Strategies 156

Cost Reduction Strategies Resource Reduction Vendor Strategies Expense Reduction 156

Logistics Viewpoints

SEPTEMBER 26, 2022

But SHIFEX, the freight forwarder rate index, recently recorded the lowest ocean freight rate between China and the port of Long Beach in 24 months —a rate of $3,500 to move a 40-foot container. The signals tend to lag what is happening in the market and companies tend to be slow to cut production.

Vendor Strategies 206

Vendor Strategies Forecasting Long Beach Supply Chain 206

QAD

FEBRUARY 7, 2023

Maximize value: Businesses depend on reliable, high-performance vendors. Create and Maintain a Strategy The person in charge of supplier relationship management must determine a strategy for each supplier so that the relationship remains efficient. Reducing price fluctuations establishes better trust with consumers.

Price Reduction 97

Price Reduction Material Savings Vendor Strategies Inventory Reduction 97

Talking Logistics

AUGUST 13, 2018

Companies across all industries are dealing with rising transportation costs and a key question many CEOs, CFOs, and supply chain executives are asking is, “What can we do to better manage and control our freight spend in today’s market?” Rising Freight Spend . So, what can you do outside that cycle?”. Data-driven Optimization.

Negotiating Skills 103

Negotiating Skills Optimal Sourcing Optimization Software Price Mitigation Strategies 103

BlueYonder

APRIL 2, 2024

Along their journey they provide feedback, which with industry and technological advancements, backs our ongoing innovation strategy. We were able to make better decisions via automation, while also eliminating days of manual effort. Those savings and efficiencies have continued to grow.

Gartner 86

Gartner Supply Chain Planning Software Supply Chain Design Software Optimization Software 86

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Identifying sources of Carbon emissions. These are classified into sources of emissions as Scope 1, Scope 2 and Scope 3. These are considered “indirect” greenhouse gas sources. Scope 3 emissions are the amount of carbon emitted by vendors and suppliers in your value chain, another indirect source. Challenges.

Vendor Strategies 246

Vendor Strategies Purchasing Skills Pricing Training Optimal Sourcing 246

Unleashed

JANUARY 14, 2024

We’ll look at modern manufacturing inventory methods, useful strategies, and manufacturing inventory management best practices. Inventory management in manufacturing can be influenced by the type of marketing strategy used. Effectively managing work-in-progress inventory helps reduce waste, optimise production, and improve cash flow.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

Logistics Viewpoints

AUGUST 14, 2023

Thomson Reuters purchased the global trade compliance vendor Integration Point in 2018. Nevertheless, the argument that trade compliance is complementary to a company’s overall tax strategy certainly makes sense to many companies. A TMS helps companies move freight from origin to destination efficiently, reliably, and cost-effectively.

Global 177

Global Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies 177

Logistics Viewpoints

FEBRUARY 26, 2024

The organization realized that everything they had saved over the last 10 years by contracting with a preferred vendor, they lost in three months when they had to go off contract and find alternative suppliers. If that Tier 2 supplier had a problem, most of their vendors for that product group would be unable to deliver the goods they needed.

Supply Chain Planning Software 250

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 250

Zipline Logistics

OCTOBER 27, 2020

Sustainability is an often-discussed concept that can be a reliable source of differentiation for CPG manufacturers. Now, when most think of sustainability, they think of ethical sourcing or environmentally friendly packaging. Here is where some CPG vendors and logistics providers are doing to achieve a greener supply chain.

Vendor Strategies 52

Vendor Strategies Resource Reduction Waste Reduction Cost Reduction Strategies 52

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

RPA can automate critical yet repetitive processes, driving increased efficiency, error reduction and faster throughput. This reduces costs, errors, and inefficiencies. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Freight Management.

Supply Chain Software 246

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

EC Sourcing Group

DECEMBER 1, 2021

Demystifying Transportation Sourcing. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. This article is about creating value in transportation sourcing. Applying sound sourcing principles will enable you to unlock value.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Sourcing 52

Supply Chain Game Changer

AUGUST 19, 2022

Vendor Agreement: What is it and How to Create it! Be it sourcing, creating, planning, or delivering, there is a clear need to adopt more digital tools and cloud-based collaboration platforms so that stakeholders are always on the same page. Eliminate paper-based processes from your workflow. Subscribe Here! Email Address.

Supply Chain Planning Software 97

Supply Chain Planning Software Vendor Strategies Supply Chain Network Software Optimization Software 97

EC Sourcing Group

SEPTEMBER 2, 2021

Demystifying Transportation Sourcing. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. This article is about creating value in transportation sourcing. Applying sound sourcing principles will enable you to unlock value.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Sourcing 52

Zipline Logistics

MARCH 2, 2021

Maintaining positive public perception has become a powerful source of differentiation for CPG brands. When most recall images of corporate sustainability, eco-conscious consumer packaging or material sourcing are likely some of what comes to mind. Utilizing Freight Consolidation . Utilizing Freight Consolidation .

Cost Reduction Strategies 52

Cost Reduction Strategies Material Savings Vendor Strategies Optimal Sourcing 52

Logility

OCTOBER 14, 2021

In December 2020, the US Customs and Border Protection issued a detention order on cotton products sourced from some parts of China. Traceability and accountability on the supply side can only credibly exist when businesses are able to ensure vendor accountability, transparency, and adherence to prescribed standards of engagement.

Sustainability 130

Sustainability Supply Chain Design Software Manufacturing Procurement Supply Chain Planning Software 130

Logistics Viewpoints

DECEMBER 6, 2021

As Asia-Pacific production ramped up, competition was on to source the scarce goods and to get access to the limited transportation capacity available to move these goods to their destinations. And with these increased prices, you see potential profits for logistics service providers and freight cost pressures for importers.

Supply Chain Software 292

Supply Chain Software Logistics Network Optimization Software Demand Planning Software Supply Chain 292

Supply Chain Opz

JUNE 1, 2014

There are two things Boeing and Airbus have in common, utilization of lean manufacturing system and strategic sourcing concept. However, the overall implementation of strategic sourcing is a bit different between the two companies. Product design is also the central part of its strategies.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

Logistics Bureau

MAY 22, 2016

The ability to reduce inventory levels is only one of a number of reasons to target cycle times as a way to reduce your working capital needs. The key cycles to target for working capital reduction include: The customer order cycle time. Areas in Which to Target Cycle Time Reductions. Supplier lead times.

Vendor Strategies 40

Vendor Strategies Material Savings Inventory Reduction Expense Reduction 40

BlueYonder

JUNE 10, 2022

The old way of communicating in this new omni-channel world will not help to reduce complexity and may cause chaos. Gartner analysts observed that companies are now able to apply offset strategies to course correct, instead of spending all their efforts on firefighting. to come out on top. Insights from Magic Quadrant Sessions.

Gartner 92

Gartner Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 92

Logistics Viewpoints

OCTOBER 11, 2021

Jackson Wood, director of industry strategy for global trade intelligence at Descartes. I had interesting conversations with Jackson Wood- director of industry strategy for global trade intelligence at Descartes, and Linda McKee – director of solution management for global trade services at SAP. Both are leaders in this market.

SAP 195

SAP Vendor Strategies Material Savings Logistics Network Optimization Software 195

Zipline Logistics

MAY 18, 2021

For shippers working with retailers to bring their healthcare products to market, logistics has emerged as a reliable source of competitive differentiation. It just takes the right strategy to find supply chain synergies that can help healthcare brands master their retail deliveries. However, out-of-stocks are nothing new.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Expense Reduction Retail 52

Supply Chain Game Changer

FEBRUARY 27, 2019

Risk management strategies of yesteryear are ineffective in the changing landscape, and no type of transport can avoid risks. Risks exist in land, air and ocean freight. Poor grasp of hazards in your supply chain will increase freight spend and diminish brand value. Source raw materials from reclamation centers where possible.

Supply Chain Planning Software 57

Supply Chain Planning Software Resource Reduction Price Reduction Waste Reduction 57

Zipline Logistics

SEPTEMBER 7, 2021

If you have an order that needs to get to its destination in a hurry, expedited freight options could be your best choice for delivery. Though often a result of an unexpected need, there is still a way to control costs and ensure quality performance when arranging expedited freight services. What Is Expedited Freight?

Freight 52

Freight Negotiating Skills Manufacturing Procurement Inventory Reduction 52

The Logistics of Logistics

JUNE 23, 2022

The need for practical and applicable last-mile delivery in retail involves saving money and reducing the expenses associated with this vital yet often overlooked leg of the shipping journey. Proper management of final deliveries is critical for maintaining high profits and reducing operating costs.

Logistics Network Optimization Software 100

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

Supply Chain Matters

MAY 20, 2022

They face the same needs for overall fleet efficiencies reduced fuel consumption. One of the high-flying start-ups that is addressing the needs of smaller regional fleets is Uber Freight. Along the way, Uber Freight initiated a strategic partnership with enterprise Cloud ERP and Cloud SCM provider Oracle. All rights reserved.

Sourcing Strategies 97

Sourcing Strategies Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software 97

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

Zipline Logistics

SEPTEMBER 21, 2021

When a vendor is unable to deliver on time or in full, the retailer incurs a loss because there is no product available to sell. Costly chargeback penalties can undercut profitability for shippers working with the big-box store, which are a direct result of poor supply chain strategies. Evaluate current consolidation efforts.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Inventory Reduction Sourcing Strategies 52

Intelligent Audit

DECEMBER 22, 2020

That makes these technologies and solutions, including analytics and business intelligence, essential for success for those seeking optimization of transportation decisions that lend themselves towards a reduction of operational costs and gained efficiency. Sometimes a third party source outside of the company needs to be accessed for data.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Analytics Software Supply Chain Software 52

Logistics Viewpoints

MARCH 3, 2021

GlobalTranz’s main service lines are freight brokerage – less-than-truckload and truckload – and managed transportation services. What the heck is going on in this freight brokerage/managed transportation sector? A truck broker helps companies find trucks to carry their freight on lanes they are having difficulty covering.

Logistics Network Optimization Software 245

Logistics Network Optimization Software Negotiating Skills Negotiate Pricing Report 245

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2022

Such real-time data and visibility functions allow for supplier comparisons as well as overall emission source contributor identifications, which can be focused on for improvement. Siemens and other digital system vendors are also adding emission visibility features to their products. It can be done via EDI, API or via a web portal.

Optimal Sourcing 246

Optimal Sourcing Optimization Software Real-time Visibility Logistics Network Optimization Software 246

Zipline Logistics

MARCH 9, 2021

Excelling at transportation to retailers is a component that all cosmetic manufacturers can master to reduce costs and increase operational efficiency. It just takes the right strategy to find supply chain synergies that can help brands master their cosmetic logistics functions. This reality is no exception for cosmetic manufacturers.

Vendor Strategies 52

Vendor Strategies Optimal Sourcing Cost Reduction Strategies Expense Reduction 52

Supply Chain Shaman

JANUARY 28, 2015

Vice President of Global Operations Strategy, Seagate Technology. Our first strategy was to align our suppliers by giving them visibility (through technology) to understand the demand signal directly and respond with JIT levels in support of our factories. The second chapter was reducing the cost of non-Bill of Material (BOM) costs.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

Supply Chain Game Changer

JULY 3, 2019

Sustainability is created at the source of our products, services, and consumption. Sustainability is created from Responsible Sourcing. How can you make Responsible Sourcing a Reality? If you can excite the people around you about sourcing responsibly, chances are you’ll be able to formulate a network of internal champions.

Sourcing Strategies 58

Sourcing Strategies Purchasing Skills Sourcing Sustainability 58

Logility

OCTOBER 18, 2022

This means supply chain leaders have had to shift from using trains back to using ocean freight and getting goods to market takes longer. This can be part of your scenario planning, to consider looking beyond China’s sphere of influence to expand your vendor base. Build redundancy where possible in your supply chain.

Supply Chain Disruption 130

Supply Chain Disruption Predictive Analytics Software Predictive Analytics Agile and Lean Supply Chain 130