ToolsGroup

AUGUST 1, 2022

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. Knowing the importance of managing the return of merchandise, let’s look at the goals and benefits of a customer-centric return policy.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

Logility

MARCH 21, 2024

During this time, the same AI tools that underwrite new technologies have been key in improving efficiency and optimizing all areas of logistics and supply chain processes including forecasting, supply planning, inventory management, manufacturing, network optimization, and more.

Optimal Sourcing 226

Optimal Sourcing Supply Chain Planning Software Modeling Software Inventory Reduction 226

3PL Insights

FEBRUARY 14, 2023

Retail logistics is responsible for delivering products to customers both in physical stores and online. The complexity of retail logistics has increased with the growth of e-commerce, requiring retailers to be more strategic and efficient in their operations. These orders can go to storefronts or be shipped direct-to-consumer.

Logistics Network Optimization Software 92

Logistics Network Optimization Software Inventory Management Software Supply Chain Software Retail 92

Unleashed

FEBRUARY 8, 2024

Effective inventory tracking is a critical component of inventory management. There are two main ways businesses can track inventory: manually, using spreadsheets and logbooks; or automated, using inventory software systems. What is inventory tracking? It helps to reduce inventory shrinkage and loss.

Inventory Management Software 52

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

Supply Chain Shaman

NOVEMBER 21, 2023

Fred owned logistics and customer service for the organization. Dan had a very manufacturing view and Fred focused on logistics. In contrast, Fred’s bonus was on logistics costs, so he was constantly rebidding lanes and bringing in new carriers. In the early 1980s, As a result, we did not have a perpetual inventory signal.

Supply Chain Planning Software 313

Supply Chain Planning Software Inventory Reduction Supply Chain Design Software Cost Reduction Strategies 313

SCMDOJO

APRIL 9, 2024

The term “logistics” may be relatively new, but its general principles date back to ancient civilizations. The early Mesopotamians, Egyptians, Greeks, and Romans pioneered the principles of logistics and designed trade routes to facilitate their connections with other nations.

Supply Chain Design Software 65

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Design 65

Supply Chain Shaman

NOVEMBER 29, 2021

Logistics is available. There is no planning model in traditional solutions that recognizes a logistics bottleneck and drives bi-directional orchestration across source, make and deliver. (The Government policies are rational. Inventories are out of balance with demand and the rising need for write-offs. With only 5.8%

Supply Chain Planning Software 276

Supply Chain Planning Software Modeling Supply Chain Optimization Supply Chain Software 276

Logistics Viewpoints

AUGUST 12, 2022

The projected mineral supply until the end of the 2020s is in line with the demand for EV batteries in the ‘stated policies scenario’ of the IEA’s world energy model. And now on to this week’s logistics news. The post This Week in Logistics News (August 6 – 12) appeared first on Logistics Viewpoints.

Logistics Network Optimization Software 227

Logistics Network Optimization Software Modeling Logistics San Antonio 227

Logistics Viewpoints

JULY 9, 2021

Venues outside the greater Tokyo metropolitan area would allow small numbers of spectators, and the policy for the Paralympics will be decided next month. And now on to this week’s logistics news. Restaurants, bars find suppliers’ inventories are running dry. It will be interesting to watch the games unfold in silence.

Logistics Network Optimization Software 165

Logistics Network Optimization Software Logistics Price Reduction Finland 165

Supply Chain Shaman

NOVEMBER 29, 2021

Logistics is available. There is no planning model in traditional solutions that recognizes a logistics bottleneck and drives bi-directional orchestration across source, make and deliver. (The Government policies are rational. Inventories are out of balance with demand and the rising need for write-offs. With only 5.8%

Supply Chain Planning Software 264

Supply Chain Planning Software Modeling Supply Chain Optimization Supply Chain Software 264

Unleashed

JANUARY 31, 2023

Lean logistics is a strategy designed to optimise supply chain efficiency by cutting out waste and maximising customer value. In this guide to lean logistics: What is lean logistics? Product companies implement lean logistics to eliminate downtime in the supply chain and give customers better value.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Waste Reduction Inventory Reduction Cost Reduction Strategies 98

Supply Chain Shaman

NOVEMBER 29, 2021

Logistics is available. There is no planning model in traditional solutions that recognizes a logistics bottleneck and drives bi-directional orchestration across source, make and deliver. (The Government policies are rational. Inventories are out of balance with demand and the rising need for write-offs. With only 5.8%

Supply Chain Planning Software 195

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

The Logistics of Logistics

JANUARY 9, 2023

WMS stands for warehouse management system, which is a set of policies and processes intended to organize the work of a warehouse or distribution center and ensure that the facility can operate efficiently and effectively. Provide real-time, granular inventory and order visibility across an extended network.

Supply Chain Planning Software 183

Supply Chain Planning Software Distribution Logistics Network Optimization Software Supply Chain Network Software 183

SCMDOJO

JANUARY 17, 2024

Most eCommerce and online businesses focus on forwarding logistics and last-mile delivery to reduce delivery time. Return Management, also known as reverse logistics, is a process where the customer returns the goods they purchased. Often companies delegate this task to any Third-party logistics (3PL).

Inventory Reduction 90

Inventory Reduction Supply Chain Planning Software Material Savings Cost Reduction Strategies 90

Supply Chain Shaman

DECEMBER 7, 2023

Expand the “FLOW” program for logistics information sharing to forecast transportation flow. I am currently doing research on inventory management. In the research, I ask inventory planners to define resilience. No technology in the market measures inventory health. Today, this is not the case.

Supply Chain Design Software 293

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 293

Logility

NOVEMBER 30, 2023

Inventory optimization Applying artificial intelligence to inventory management provides immediate insights into inventory performance against the plan.

Supply Chain Planning Software 177

Supply Chain Planning Software Modeling Supply Chain Software Scenario Planning 177

EazyStock

JUNE 24, 2020

Common challenges include unpredictable customer behavior, unreliable inventory supplies, rising logistical costs and internal capacity constraints. Inventory optimization software is an important piece of the puzzle. It is critical to helping inventory management teams understand and manage demand and supply variables.

Inventory Management Software 98

Inventory Management Software Inventory Management Procurement Solutions Forecasting Software 98

Unleashed

FEBRUARY 21, 2024

It covers every aspect of dealing with customer returns, including policy management, reverse logistics, customer service, returned goods inventory management , and developing strategies to reduce return rates. A good returns policy is crucial for ensuring a smooth customer experience.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Material Savings Cost Reduction Strategies 52

Talking Logistics

OCTOBER 15, 2018

The Importance of Inventory Management. When it comes to inventory management, new trends are demonstrating that less is more. Having less inventory on-hand increases liquidation, allowing for a more agile response to shifting consumer trends. Getting the Right Tools for the Job.

Inventory Management Software 101

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 101

GlobalTranz

SEPTEMBER 10, 2018

As recently as 2016, the state of e-commerce logistics triggered a rush to expand warehousing. Challenges in Today’s State of E-Commerce Logistics The challenges of today’s e-commerce strategies were formed when supply chain leaders believed the only solution to e-commerce was expansion. Be accessible to customers.

Logistics Network Optimization Software 189

Logistics Network Optimization Software Logistics Demand Planning Software Inventory Management Software 189

Supply Chain Game Changer

SEPTEMBER 1, 2021

A successful new business model has come to the forefront, and it doesn’t require you to have an inventory. How You Can Manage Your E-Commerce Store With No Inventory. The customer only needs to order the product from your storefront, which means you won’t need an inventory. Third-Party Logistics (3PL). Drop shipping.

Inventory Reduction 87

Inventory Reduction Inventory Supply Chain Design Software Logistics Network Optimization Software 87

Logistics Viewpoints

DECEMBER 6, 2022

Reverse logistics is difficult and costly. The process is inefficient and unpredictable, and leaves retailers with used inventory that oftentimes cannot be resold. Online consumers today have come to expect cost-free and hassle-free online returns policies. Moving Forward: Reverse Logistics Technology. Who pays the price?

Reverse Logistics 221

Reverse Logistics Purchasing Skills Price Reduction Logistics Network Optimization Software 221

Logistics Viewpoints

OCTOBER 30, 2023

Executives must have the fortitude to make changes in the operating policies and the network infrastructure that may affect the lives of employees. For this project, Solvoyo consultants built a network design model and ran more than 120 scenarios to refine the customer service and inventory mix strategy. These were the easy savings.

Vendor Strategies 230

Vendor Strategies Cost Reduction Strategies Modeling Inventory Reduction 230

Logistics Bureau

MAY 24, 2021

Among the universal challenges that the COVID-19 pandemic has imposed upon the supply chain management profession is the question of inventory, specifically, “how much is enough?”. It wasn’t long ago that businesses were asking, “By how much can I reduce my levels of inventory?”. Let’s Start with Safety Stock.

Inventory Reduction 98

Inventory Reduction Inventory Supply Chain Planning Software Company 98

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

Pushing the Supply Chain Reset Button by Lora Cecere , Founder, Supply Chain Insights Supply Chain Leaders Can’t Afford to Guess About the Future The global supply chain that we know today is built on three assumptions: rational government policy, low variability, and availability of logistics. Focus on right-sizing inventories.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 130

Supply Chain Shaman

JUNE 29, 2022

The global supply chain that we know today is built on three assumptions: rational government policy, low variability, and availability of logistics. We can no longer assume that government policy is rational, variability is low or logistics are available. Focus on right-sizing inventories. What can be done?

Supply Chain Design Software 251

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 251

Enterra Insights

DECEMBER 26, 2022

The staff at SupplyChainBrain explains, “Overstocked retailers are cutting back on lenient pandemic-era return policies heading into the holiday season.”[2]. Today’s consumers take a lot of factors into consideration when they make a purchase — including product availability, price, delivery dates, and return policies.

Pricing Training 130

Pricing Training Purchasing Skills Purchasing Training Procurement Solutions 130

SYSPRO Smarter ERP

NOVEMBER 30, 2021

Investments in logistics and supply chains would potentially support wider product ranges, foster time savings and attract larger numbers of customers. Forced to implement protective measures through the pandemic, some companies increased overhead by stock piling inventory which negatively affects both cash flow and profits.

Forecasting 105

Forecasting Forecasting Software Inventory Management Software Supply Chain Planning Software 105

SCMDOJO

JANUARY 31, 2024

From entry-level positions such as procurement officers and logistics coordinators to higher-level roles like supply chain directors and vice presidents, each comes with its own set of responsibilities and corresponding salary ranges. So, let’s dive in and explore the fascinating world of supply chain management salaries! per hour. .

Supply Chain Design Software 75

Supply Chain Design Software Purchasing Skills Buyer Training Supply Chain Design 75

Unleashed

DECEMBER 4, 2018

With better inventory control and optimised management, your multichannel operation can perform at a higher level and meet customer expectations. Integrating inventory control with suppliers. Integrating your supply chain with your inventory control method is crucial for improving the consistency of your product supply.

Inventory 61

Inventory Logistics Network Optimization Software Forecasting Software Demand Planning Software 61

Enterra Insights

MAY 15, 2020

Therefore, reverse logistics companies are preparing for managing the influx of returned or replaced items during this time.”[2]. Reverse logistics: An inconvenient challenge. Journalist Maghan McDowell ( @maghanmcd ) calls returns (aka reverse logistics) “an inconvenient challenge” for retailers.[3]

Reverse Logistics 100

Reverse Logistics Logistics Network Optimization Software Logistics Supply Chain Planning Software 100

Logistics Bureau

NOVEMBER 23, 2020

Three rules are really important in inventory management. Excess inventory. 3) Draft an Inventory Policy. If you don’t have an inventory policy: 1) You won’t get consensus. Three rules are really important in inventory management. Reduce the Inventory, Make Significant Savings. ARTICLE SUMMARY.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Forecasting 52

Supply Chain Opz

MAY 1, 2018

Are you a beginner and you want to learn about each logistics function? We will show you 5 logistics books that will help you learn faster than any other books. Why is Logistics a Good Career? In the United States, the median wages for a Logistics Manager is around $90,000 annually.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Logistics Material Savings 100

Talking Logistics

APRIL 16, 2015

Inventory optimization has always been a challenge while designing and planning a supply chain. A variety of barriers can impact an effective inventory strategy, such as working in functional silos and demand/supplier volatility¹. Asking the Right Inventory Questions. Where and in What Form Should Inventory Be Held?

Inventory Reduction 100

Inventory Reduction Material Savings Cost Reduction Strategies Price Mitigation Strategies 100

EazyStock

JANUARY 21, 2021

Both Dynamics BC and NAV are known for their broad functionality across a range of business operations, including finance, customer service, warehousing and logistics. EazyStock is one such add-on that helps customers in need of more advanced inventory forecasting, planning and replenishment. Manage non-stocked items.

Inventory Management Software 52

Inventory Management Software Inventory Management Forecasting Software Optimization Software 52

Enterra Insights

MARCH 28, 2019

” Logistics professionals could adopt that statement as their motto. Half-a-decade ago, Apptricity analysts wrote, “In the world of supply chain and logistics management, perfection remains an elusive goal. “Logistics companies cannot afford not to be innovative,” he explains.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Design Software Modeling Supply Chain Network Software 100

Enterra Insights

OCTOBER 21, 2021

Today’s complicated returns processes more often than not involve reverse logistics, which can be a real headache for retailers. Ryan Semrow, Product Owner for Reverse Logistics at C.H. Robinson, explains, “Reverse logistics refers to any portion of the reuse of products and materials in a supply chain. ”[3].

Reverse Logistics 130

Reverse Logistics Cost Reduction Strategies Material Savings Manufacturing Procurement 130