SCMDOJO

APRIL 29, 2024

From sourcing raw materials, manufacturing, and storage, to transportation and distribution, SCM ensures efficiency and cost-effectiveness throughout the entire journey. Warehousing: Warehousing involves the storage and management of inventory. It also involves inventory management, order fulfillment, and monitoring stock levels.

Supply Chain Planning Software 82

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 82

Logistics Viewpoints

JUNE 1, 2023

Continuing Disruptions in Transportation and Sourcing Materials After the pandemic, retailers are faced with new challenges and disruptions due to global conflicts, trade restrictions, and now recessions. Here are some highlights from these trends in 2023 and implications on supply chain planning.

Supply Chain Planning Software 192

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 192

ThroughPut

APRIL 30, 2024

The platform is designed to enhance inventory management and provide accurate demand planning and forecasting, crucial for optimizing supply chain efficiency. Logility: Supply Chain Planning & Optimization Logility assists global businesses with complex supply chains in sensing and responding to fluctuating market conditions.

Supply Chain Planning Software 52

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

Logistics Viewpoints

FEBRUARY 2, 2024

Higher labor costs and lower package demand resulted in fourth-quarter sales and 2024 guidance that missed analysts expectations. percent year-on-year decline in cargo ton miles to 1.8bn, although this metric increased by 9.5 After registering a 9.3 percent drop in annual sales, UPS forecast a 2024 upswing of as little as 1.1

Cost Reduction Strategies 234

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 234

Intelligent Audit

NOVEMBER 3, 2022

On the transportation end of supply chains, shippers adapt to the transportation needs at any given time to ensure this part of the supply chain continues as well as possible. This is why transportation network optimization is important. What Is Transportation Network Optimization? Ready Your Data.

Network Optimization 52

Network Optimization Supply Chain Network Software Optimization Software Modeling 52

Supply Chain Game Changer

AUGUST 21, 2022

A global chemical manufacturer recently had to replace ships that transported bulk materials to ports. These materials were then transferred to barges and rail cars for delivery, and finally to terminals where they were packaged into shipping containers for final delivery by rail.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

SCMDOJO

JUNE 14, 2023

You can also use this data to make more accurate forecasts and better manage inventory levels. It’s estimated that up to 40% of all transportation costs occur within the “money zone.” This can include details such as the quantity of products being transported, delivery windows, and any specific requirements for loading or unloading.

Supply Chain Optimization 92

Supply Chain Optimization Supply Chain Planning Software Supply Chain Planning Supply Chain Software 92

Logistics Viewpoints

DECEMBER 14, 2021

Inventory Optimization. Inventory Optimization involves decisions about the inventory level, the location, and the mix of products. And after that, I have to decide how much avocado inventory I have to hold, so I never have stock-outs or excess waste. How to minimize transportation costs? Route Optimization.

Supply Chain Planning Software 193

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimization Software 193

SYSPRO Smarter ERP

MAY 29, 2023

Key metrics that will indicate if marshalling is needed relate to picking and shipping. This can help with inventory accuracy. With an integrated warehouse management system, metrics can help to show if marshalling is causing a bottleneck in terms of dispatch.

Warehousing 98

Warehousing Material Savings Expense Reduction Cost Reduction Strategies 98

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?” The second question we get is what strategies can we implement to lower our transportation costs.

Negotiating Skills 103

Negotiating Skills Optimal Sourcing Optimization Software Price Mitigation Strategies 103

GlobalTranz

JUNE 18, 2015

Product travel in reverse of their original paths from the seller to buyers’ locations, after which they may undergo disassembly and disposal or recycling, or repair or refurbishment, testing, packaging, warehousing, resale, shipping, customer support, and other reverse logistical processes executed by the seller outsourced services.

Reverse Logistics 120

Reverse Logistics Optimization Software Demand Planning Software Supply Chain Network Software 120

Supply Chain Shaman

OCTOBER 8, 2019

Granular data by volume is a must to be able to manage replenishment, network design, and inventory targets. Special programs—new product launch, promotional packaging, and samples—are often managed as marketing programs using offline processes (usually spreadsheets). Most budgets are completed in currency at a brand level.

Supply Chain Design Software 187

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 187

Supply Chain Shaman

SEPTEMBER 17, 2014

While the performance rankings were based on comparisons of inventory turns, operating margin and Return on Invested Capital (ROIC) for the periods of 2006-2013 and 2009-2013, the concept is that to be a supply chain leader you must outperform and drive improvement. Aligned Metrics. Bernstein & Co., ” Yes, I said.

Optimal Sourcing 305

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 305

Supply Chain Shaman

JULY 3, 2017

It is hard work to maintain the status quo in metrics performance. A balanced portfolio of metrics delivers the greatest value. As a result, supply chain leaders focus on unrealistic goals of inventory or costs, they will throw the system out of balance. Companies balance supply chain metrics better in good times than bad.

Inventory Reduction 158

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Cost Reduction Strategies 158

3rdwave

NOVEMBER 8, 2018

In today’s turbulent trading environment, strong global transportation management capabilities deliver exceptional benefits and value. Massive shifts in supply chains are underway because of trade turmoil increasing the complexity in global supply chain management and related transportation management.

Supply Chain Design Software 79

Supply Chain Design Software Global Transportation Supply Chain Planning Software Optimization Software 79

American Global Logistics

SEPTEMBER 12, 2023

Lean manufacturing and just-in-time production minimize waste and inventory levels while maximizing efficiency. Collaborative planning, forecasting, and replenishment (CPFR) enable real-time collaboration between suppliers and retailers, enhancing inventory management and reducing stock-outs.

Sourcing Strategies 52

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

Unleashed

DECEMBER 11, 2022

That’s why, with so many possible variables to track, it’s critical to know which metrics matter most. However, tracking 50 irrelevant warehouse metrics is far less valuable than tracking a few hyper-useful ones. In this guide to warehouse KPIs: What are ‘warehouse KPIs’ and why should you use them?

Warehousing 98

Warehousing Inventory Reduction Cost Reduction Strategies Inventory Management Software 98

RFgen

MAY 8, 2016

Proper temperature prevents certain inventory from becoming unusable and keeps consumables safe for customers. Packaging Digest reported the global health care cold chain logistics market is projected to increase by $3-billion between 2014 and 2018. Extreme Temperatures for Special Products. Chilling Routine Merchandise.

Inventory 52

Inventory Pharmaceutical Supply Chain Planning Software South America 52

RFgen

MAY 8, 2016

Proper temperature prevents certain inventory from becoming unusable and keeps consumables safe for customers. Packaging Digest reported the global health care cold chain logistics market is projected to increase by $3-billion between 2014 and 2018. Extreme Temperatures for Special Products. Chilling Routine Merchandise.

Inventory 52

Inventory Pharmaceutical Supply Chain Planning Software South America 52

Locus

NOVEMBER 28, 2023

Shipping the wrong product can be fixed by optimizing the package sorting process. It is vital that shippers optimize the below metric to success in their overall growth. Auto Sorting Packages : Manually checking the packages ,addresses, and then assigning them to a compatible vehicle is a tiring task to say the least.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Price Mitigation Strategies Reverse Logistics 52

GlobalTranz

JUNE 8, 2021

That’s the overview of white glove services evolution and it’s another piece of the transportation terminology puzzle. It’s important to know how white glove services and transportation management go together. The package could be stolen, or the package’s contents could perish. Use metrics to track performance.

Transportation Management 197

Transportation Management Logistics Network Optimization Software Transportation Reverse Logistics 197

ShipBob

JANUARY 23, 2023

Last-mile delivery is a logistics term that is defined as the transportation of a package from a fulfillment center to the package’s final destination, which is usually a personal residence. A last-mile carrier is responsible for moving a package to its end destination. What is last-mile delivery?

3PL 98

3PL Cost Reduction Strategies Inventory Reduction Expense Reduction 98

ShipBob

AUGUST 25, 2021

First-mile delivery refers to the process of transporting finished goods from a manufacturer or supplier’s facility to an online retailer’s warehouse or multiple distribution centers — the last destination before products are delivered to the end user. What is first-mile delivery? Another key differentiator is size of shipments.

Supply Chain Design Software 52

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

GlobalTranz

FEBRUARY 25, 2021

According to the Council of Logistics Management, it is “the process of planning, implementing, and controlling the efficient, cost effective flow of raw materials, in-process inventory, finished goods and related information from the point of consumption to the point of origin for the purpose of recapturing value or proper disposal.

Reverse Logistics 210

Reverse Logistics Logistics Network Optimization Software Material Savings Logistics 210

Logistics Viewpoints

OCTOBER 7, 2022

For those unaware of the term, shrink is an accounting term used to describe when a store has fewer items in stock than in its recorded book inventory. The goal is to reduce or avoid one billion metric tons (a gigaton) of greenhouse gasses from the global value chain by 2030. This is putting the squeeze on small businesses.

Logistics Network Optimization Software 184

Logistics Network Optimization Software Real Estate New York Logistics 184

OptiProERP

JANUARY 17, 2024

While the overall trend is toward more integrated and flexible systems that can process voluminous amounts of data, yielding analytics and metrics for improved decision-making, a majority of manufacturers still have yet to commit to the newer, “smarter” technologies.

Analytics Software 52

Analytics Software Optimization Software Supply Chain Design Software Supply Chain Planning Software 52

Supply Chain Shaman

MAY 14, 2013

This week, at Supply Chain Insights LLC, we published our 11th report in the series titled Supply Chain Metrics That Matter. Consumer Packaged Goods (CPG) and chemical companies are close behind, but they are having difficulty “taking the hill.” Aligning metrics matters. Functional metrics in isolation degrade value.

Supply Chain Design Software 255

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 255

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

ToolsGroup

SEPTEMBER 20, 2022

Using this data, advanced predictive models can estimate when failures are likely to occur and recommend appropriate timelines to perform corrective measures, allowing manufacturers to organize their production schedules based on predicted equipment availability metrics. Optimize spare part inventories.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

Cognira

DECEMBER 20, 2022

Green retail strategies aren’t limited to just packaging and distribution. Product Packaging. Green Transportation and Logistics. Green Transportation and Logistics. Product Packaging. Green Transportation and Logistics. Recycling Programs. Green Point of Purchases. Clean Energy Usage.

Waste Reduction 52

Waste Reduction Inventory Reduction Expense Reduction Material Savings 52

3rdwave

NOVEMBER 8, 2018

In today’s turbulent trading environment, strong global transportation management capabilities deliver exceptional benefits and value. Massive shifts in supply chains are underway because of trade turmoil increasing the complexity in global supply chain management and related transportation management.

Supply Chain Design Software 41

Supply Chain Design Software Global Transportation Supply Chain Planning Software Optimization Software 41

Supply Chain Game Changer

OCTOBER 8, 2019

Most definitions of disintermediation characterize it as the elimination of intermediaries, or “ cutting out the middleman “ Further consider that the “Wastes” associated with Lean thinking and principles include transportation, inventory, over production and motion amongst others. Why is this relevant?

Waste Reduction 63

Waste Reduction Inventory Reduction Resource Reduction Price Reduction 63

Locus Robotics

JANUARY 2, 2024

Automation with autonomous mobile robots (AMRs) in the warehouse allows you to transport surplus or slower-selling inventory to storage areas in less busy sections of your warehouse, freeing up prime picking locations for products with higher turnover.

Demand Planning Software 52

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

ThroughPut

DECEMBER 6, 2023

Businesses can access historical data, market trends, and other external factors and, by plugging in predictive analytics, gain invaluable insights that streamline inventory management, demand forecasting, transportation planning, risk mitigation, and overall decision-making processes. So, how does predictive analytics help with that?

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

Locus

JUNE 3, 2022

billion metric tons—the emissions have rebounded in 2021 and 2022. Transportation was redirected to be used in providing first aid, leading to supply chain bottlenecks, shortages and price hikes. Production and transportation activities are energy-intensive, which also means the potential for implementing greener practices lay here.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

Vinculum

SEPTEMBER 14, 2022

Retail organizations across the globe are implementing supply chain management systems to control the movement of inventories and maintain product quality. This initial stage requires the development of metrics to handle the supply chain so that it is easy to control the costs and deliver quality products to the customers. (2.)

Supply Chain Planning Software 52

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Retail 52

ShipBob

JULY 2, 2021

By using a combination of technologies like AI, machine learning, and predictive analytics, online brands can manage complex supply chains by automating warehouse operations, improving delivery times, easily managing inventory, optimizing third-party communication, and creating new customer experiences that increase satisfaction and boost sales.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Sourcing Strategies 98