Logistics Viewpoints

MAY 19, 2022

He had a load full of cotton bales, and while idling away hours at a shipyard watching stevedores load other cargo onto ships he dreamed up containers that transformed global supply chains. Containerization eventually reduced shipping and loading costs by at least 75%.

Optimal Sourcing 228

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 228

Unleashed

APRIL 18, 2023

The last of these can be achieved by tracking the right inventory metrics, analysing the results, and making data-driven optimisations. So, what are the ‘right’ inventory metrics, and how do you calculate them? In this inventory metrics guide What are inventory metrics? What are KPIs for inventory?

Procurement Analytics 52

Procurement Analytics Metrics Inventory Reduction Inventory 52

GlobalTranz

APRIL 25, 2016

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. Inventory measurement is critical and it is money after all in that it took a capital expense to procure. 10 Soft Metric Considerations in Measuring Supply Chain Performance. The goal is to keep inventory levels at a minimum to meet customer needs.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Unleashed

JUNE 7, 2023

The inventory optimisation process “After three years of pandemic disruption and economic volatility, sharpening demand forecasts and inventory planning across industries seems both as imperative and challenging as it has ever been.” Manual inventory control tasks are automated with the help of software tools and warehousing equipment.

Inventory Management Software 52

Inventory Management Software Forecasting Software Demand Planning Software Supply Chain Planning Software 52

Unleashed

MARCH 26, 2023

In this article, we break down native Xero inventory management and compare it with using an integrated Xero inventory software system. Free trial: Try Unleashed + Xero Inventory Management Software completely free for 14 days. Do you need integrated Xero inventory software? Xero is an incredibly versatile tool.

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Analytics Software Forecasting Software 52

Taulia

JUNE 12, 2023

Blog Expert Advice 8 min read 12 Jun 2023 By Taulia Share: Share via linkedin Share via twitter Share via facebook Share via email Copied Copy page URL to clipboard 10 supply chain KPIs and metrics to track We’ve listed the 10 top supply chain KPIs you can use to measure your supply chain performance and find opportunities for optimization.

Procurement Analytics 52

Procurement Analytics Metrics Supply Chain Software Inventory Reduction 52

QAD

JULY 1, 2021

Here’s a formula to calculate your total direct materials costs: Beginning Inventory + Added Purchases – Ending Inventory = Total Direct Materials Costs. Maybe you could reduce shipping costs by making more bulk purchases or buying more locally. Where can I improve processes or purchasing to wisely cut costs or time?

Manufacturing Procurement 88

Manufacturing Procurement Procurement Analytics Cost Reduction Strategies Purchasing Skills 88

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Every industry sector and every business across the board, in APAC and around the globe have been impacted by the Great Supply Chain Disruption over the last two years, causing a blow out of transportation costs and continuous delays at every stage of the channel. Brand loyalty is no longer the driver for consumer purchasing decisions.

Supply Chain Planning Software 246

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

ShipBob

FEBRUARY 3, 2023

By monitoring particular metrics over time across your online sales, in-store sales, and operations, you’ll gain quantitative insights into your business performance. A retail KPI (or “Key Performance Indicator”) refers to a quantifiable metric used to measure how a retail business is performing. Why are retail metrics important?

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

GlobalTranz

SEPTEMBER 23, 2021

Let’s consider these top factors affecting the trucking market, their implications on supply chains and how they are driving change within the industry. . High freight volumes across all industries in the trucking market are expected to continue into 2022.? Legislation may also affect change in the industry.?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Locus

APRIL 13, 2023

With the UAE market having nearly 100% of the population with smartphone access, the Dubai Chamber of Commerce and Industry forecasts e-commerce to generate $8 billion in sales by 2025. This newly-added focus has pushed companies to invest in logistics software that helps them improve their delivery process and make it more customer-friendly.

Logistics Network Optimization Software 52

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

Logistics Viewpoints

MARCH 27, 2023

Solvoyo’s Solution Bugaboo: something that causes fear or distress out of proportion to its importance. Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. Would better forecasting accuracy be a good thing?

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

Supply Chain Shaman

JANUARY 31, 2022

Source E2open Shipping Index). The reinvention of planning is needed, but it is hard to unwind the industry. I have been an industry analyst for two decades. The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Market inflation sits at 7%–the highest since June 1982.

Procurement Analytics 219

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 219

Supply Chain Shaman

FEBRUARY 7, 2022

Source E2open Shipping Index). The reinvention of planning is needed, but it is hard to unwind the industry. I have been an industry analyst for two decades. The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Market inflation sits at 7%–the highest since June 1982.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Unleashed

AUGUST 16, 2023

Goods available to be purchased on backorder can mean the difference between a lost sale and a satisfied customer. A backorder is a customer order that could not be fulfilled immediately but will be shipped out once the ordered items become available. The inability to purchase out-of-stock goods will usually send a customer elsewhere.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Manufacturing Procurement Inventory Reduction 52

Logistics Bureau

APRIL 4, 2022

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. and “what is a reasonable range of rates for our company’s typical shipping scenarios?”.

Benchmarking 68

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 68

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. Transportation execution solutions allow shippers to connect to multiple carriers and then tender, track, and pay in the system.

Rail Software 188

Rail Software Real-time Visibility Supply Chain Network Software Supply Chain Planning Software 188

Unleashed

DECEMBER 10, 2023

So, when it comes to investing in supply chain software, how do you know which solution is best for you? We’ll dive into the unique features and functionality – and explore which types of companies the two systems are best suited for to help you decide which is the right software for your business needs. What is an ERP system?

Inventory Management Software 52

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

ShipBob

DECEMBER 13, 2023

These metrics provide valuable insights into how well your inventory is managed. Using ShipBob: ShipBob’s analytics tools provide real-time data on sales and inventory levels, allowing for accurate calculation of the turnover ratio. Let’s explore the top indicators of inventory health and see how they can be effectively monitored.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Inventory Management Software 52

Enterra Insights

MAY 24, 2021

2] Two of the biggest changes in consumer behavior, brought on by the pandemic, have been an increase in online purchasing and an appreciation for touchless shopping, including options like curbside pickup. Shipping and delivery to consumers. Most retailers now understand the importance of have a strong omnichannel strategy.

Retail 130

Retail Modeling Supply Chain Planning Software Modeling Software 130

OptiProERP

APRIL 17, 2022

In this blog, you will learn how a Manufacturing Execution System (MES), also known as a Shop Floor Execution System (SFES), embedded in an ERP (Enterprise Resource Planning) system transformed an industrial machinery manufacturer’s shop floor to help grow their business. Better Decision Making with Real-Time Insight.

Manufacturing Procurement 52

Manufacturing Procurement Material Savings Manufacturing Demand Planning Software 52

ShipBob

OCTOBER 4, 2023

However, good inventory management also requires strategic inventory reduction instead of simply procuring more goods. Inventory reduction may also involve preventing excess inventory in the first place and adjusting procurement strategies to focus on SKUs that are more likely to sell.

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Strategies Expense Reduction 52

Gravity Supply Chain

MAY 20, 2022

Spire and Gravity Supply Chain solutions helping restore flow of goods by giving customers more visibility and greater confidence to accurately predict delivery times. ” Providing solutions in the context of this reality is critical, and together Spire and Gravity Supply Chain Solutions are working to restore the global supply chain.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Supply Chain Software Predictive Analytics Software 52

Unleashed

JULY 25, 2023

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. Inventory turnover period The inventory turnover period is the time taken from when you purchase inventory until the time those goods are sold.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

Unleashed

JANUARY 14, 2024

It refers to the process of purchasing, storing, and tracking the various goods required to build a product. Manufacturing inventory management requires a coordinated approach across production, purchasing, sales, and logistics departments. Inventory management in manufacturing can be influenced by the type of marketing strategy used.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process.

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

Supply Chain Shaman

AUGUST 12, 2020

When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. Total cost analysis is more difficult than it sounds and most technology implementations automated functional measurement systems (manufacturing or procurement), but leave the organization blind on the management of total costs.

Gartner 239

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 239

GlobalTranz

OCTOBER 2, 2017

According to Mitchell’s NY , last mile logistics is seen as the least efficient leg of shipping, and it accounts for up to 20 percent of the total shipping cost of a product. Companies must think of unconventional solutions to meet last mile delivery demands, like Uber, Instacart or Deliv. Be Consumer-Centric.

Inventory Reduction 363

Inventory Reduction Cost Reduction Strategies Logistics Network Optimization Software Supply Chain Strategy 363

Logistics Viewpoints

SEPTEMBER 20, 2022

While we might go and get the best of the solutions out there to meet today’s challenges and leverage today’s technology, that’s not going to come with a lifetime guarantee that it will meet all our needs in the years ahead. The system can now automatically receive all approved Purchase Orders so receipts can be reconciled against orders.

Supply Chain Planning Software 194

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Forecasting Software 194

Unleashed

JULY 2, 2023

Days Inventory Outstanding (DIO) is a fundamental inventory metric for measuring efficiency and liquidity inside a product business. It’s used frequently in inventory accounting to help businesses understand their holding costs and make optimised purchasing decisions. But the broad answer is that there is no universal ‘good’ DIO.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Procurement Analytics 52

Unleashed

AUGUST 20, 2023

For customers, it can mean the time it takes to receive an order after they have purchased it. For product sellers, it can refer to how long it takes to receive raw materials or bulk products after placing a purchase order with a supplier. There are many definitions for lead time in supply chain management.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

Unleashed

FEBRUARY 21, 2024

If you’re selling products, your customers should feel confident that they can negotiate with you in the event their purchased goods arrive damaged, incorrect, or are no longer required. However, that same year, software company Steam announced a new open refunds policy and it was immediately abused by online users.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Cost Reduction Strategies Material Savings 52

Unleashed

APRIL 11, 2024

When shoppers to spend more on each purchase it has a desirable effect on your profits. That’s why AOV is an essential metric to improve. Consider offering volume discounts and free shipping incentives to lift AOV. Consult with your business advisor for tips on solutions that will work best for you.

Waste Reduction 52

Waste Reduction Price Reduction Inventory Reduction Cost Reduction Strategies 52

Logistics Viewpoints

DECEMBER 1, 2022

The only bright note is that shipping costs will be a fraction of what they were over the last several years. The abundance of data in supply chains and logistics operations has made machine learning a well-recognized and powerful tool for putting meaning to that data and making more accurate predictions of outcomes. Figure 1: U.S.

Predictive Analytics Software 199

Predictive Analytics Software Logistics Network Optimization Software Cost Reduction Strategies Resource Reduction 199

Unleashed

FEBRUARY 1, 2023

Demand planning also considers factors such as: Your marketing strategy Seasonality Market trends Demand planning teams need to constantly be alert to technology advances such as in Artificial Intelligence or software tools which can be utilised to their advantage. They must draw on all these factors to create a ‘demand plan’.

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 52

RFgen

FEBRUARY 22, 2017

Mobile data collection solutions can help struggling companies more accurately track their inventory. Before we discuss how mobile data collection solutions can help struggling businesses, we need to address just how serious it is that all companies continuously evaluate their supply chain for weaknesses.

Resource Reduction 52

Resource Reduction Procurement Solutions Inventory Reduction Price Reduction 52

RFgen

FEBRUARY 22, 2017

Mobile data collection solutions can help struggling companies more accurately track their inventory. Before we discuss how mobile data collection solutions can help struggling businesses, we need to address just how serious it is that all companies continuously evaluate their supply chain for weaknesses.

Resource Reduction 52

Resource Reduction Procurement Solutions Inventory Reduction Price Reduction 52