The Logistics & Supply Chain Management Society

JANUARY 3, 2024

Concurrent macro forces–material shortages, war, shifts in consumer buying patterns, logistics constraints, inflation/recession, and climate change– are reshaping today’s reality necessitating the need for a supply chain reset button. If ERP system input includes lead time, why is there such bloat and a problem with inventory restatements?

Supply Chain Design Software 130

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

Herlitz Inventory Management

MARCH 24, 2022

Two HIMPACT customers have already rented extra warehouse space just to store forward bought inventory. If ever there was a time to take advantage of forward buying, this is it! Knowing that forward buying is important is only step one. To do so effectively, you need to first understand how much extra to buy.

Pricing Training 52

Pricing Training Eliminating Excel in Purchasing Purchasing Training Vendor Strategies 52

Kanban Logistics

FEBRUARY 27, 2020

The modern warehouse offers much more than basic storage. It’s home base for sophisticated eCommerce operations, high-velocity retail distribution, vendor managed inventory, and a variety of other services. Types of 3PL Warehousing. There are three basic types of warehousing available to you. The DIY method.

Warehousing 52

Warehousing 3PL Negotiating Skills Logistics Network Optimization Software 52

Logistics Viewpoints

JUNE 1, 2023

The Russian invasion of Ukraine and the following economic sanctions spiked energy prices and created new sourcing challenges for certain agricultural products and raw materials. This means they are more likely to focus on value and affordability and change their priorities and brand preferences when making purchases.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193

ThroughPut

MARCH 27, 2024

Every aspect of operations, be it managing the inventory, forecasting demand or fulfilling orders was dependent on human wisdom and intuition. Real-time visibility was lacking, be it in warehousing or transportation, due to which delivery delays were common. Besides, AI is helping retailers optimize inventory, warehouse and pricing.

Case Study 52

Case Study Waste Reduction Inventory Reduction Price Reduction 52

Logistics Viewpoints

JANUARY 12, 2024

between December 15th and December 25th, Momentum Commerce found that the share of products with an “Arrives after Christmas” tag in Amazon’s Buy Box in 2023 was 10.2 The German company offers planes, trains and trucks to move goods globally. Jobs in the warehouse sector were down 4,900 jobs. percent versus in 2022, where 17.6

Logistics Network Optimization Software 257

Logistics Network Optimization Software Price Reduction Inventory Reduction Resource Reduction 257

Precoro

OCTOBER 24, 2022

Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole. Purchase requisitions and orders, receipts, invoices, and other documents must each contain specific information, often legally binding. Low-Quality Documentation.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Analytics Software Sourcing Strategies 98

ModusLink Corporation

NOVEMBER 23, 2022

Warehouse and distribution professionals understand that the timeline of order processing has ebbed and flowed significantly over the last few years. Weak links in the supply chain, particularly with e-commerce logistics, warehouse, and distribution services can impact the entire supply chain. Introduction.

Distribution 78

Distribution Supply Chain Planning Software Warehousing Logistics Network Optimization Software 78

Enterra Insights

DECEMBER 26, 2022

The staff at Wired magazine notes, “Everyone returns a gift or an impulse purchase now and then. Today’s consumers take a lot of factors into consideration when they make a purchase — including product availability, price, delivery dates, and return policies. of all merchandise purchased in the U.S.

Pricing Training 130

Pricing Training Purchasing Skills Purchasing Training Procurement Solutions 130

EMERGE App

APRIL 5, 2024

Warehouse cost A very first mistake in the wholesale distribution industry is underestimating the amount of warehouse cost. However, the true expense lies in efficient space utilization within the warehouse, directly impacting storage duration and capacity for products.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Price Reduction Sourcing Strategies 52

Unleashed

OCTOBER 27, 2021

Global supply chain disruption, rapid technological evolution, changing buying and selling habits – wholesale distributors have had to deal with some rapid and radical changes over the past couple of years. For example, is your inventory management more efficient, leading to quicker stock turnaround and faster fulfilment?

Inventory Management Software 97

Inventory Management Software Forecasting Software Predictive Analytics Software Analytics Software 97

Unleashed

OCTOBER 4, 2023

The order fulfilment process covers every step required to get goods to the people who purchase them, from the moment a customer places an order to when they receive their purchase. When an order is confirmed, the items need to be collected from inventory and packaged for shipment. Why is order fulfilment important to get right?

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

Vinculum

DECEMBER 9, 2020

There are few industries where a high-quality warehouse management system (WMS) is as vital as the 3PL (third party logistics) vacillate trade. As fashionable shoppers, we tend to expect food on our native supermarkets’ shelves and our on-line purchases to arrive promptly, typically but twenty-four hours when the order was placed.

Supply Chain Planning Software 52

Supply Chain Planning Software 3PL Demand Planning Software Warehousing 52

ShipBob

SEPTEMBER 24, 2021

Fast fulfillment starts with proper warehouse management , which determines how efficiently you receive, track, and store inventory in a way that gets customers orders out the door faster. But how do you know if a warehouse is performing well? What are warehouse key performance indicators (KPIs)?

Optimal Sourcing 52

Optimal Sourcing Warehousing Inventory Reduction Inventory Management Software 52

ShipBob

MAY 7, 2021

Signing a lease for your first warehouse provides an opportunity to build your retail fulfillment engine from scratch. Just like furnishing a new home, renting a warehouse takes time and planning to make the most of the space to meet your logistics operations needs. Warehouse processes to keep in mind during the design process .

Supply Chain Design Software 52

Supply Chain Design Software Warehousing Supply Chain Design Inventory Reduction 52

Unleashed

APRIL 21, 2024

It’s the journey that order takes from the second they click ‘Buy’ to the moment all the goods are delivered to your customer’s doorstep. The first step in a standard order processing system is the verification of a customer order which often includes a check to confirm there is sufficient inventory available to fulfil the order.

Inventory Management Software 52

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

SCMDOJO

JULY 24, 2023

It involves outsourcing logistics activities, such as warehousing, transportation, distribution, inventory management, and order fulfillment, to a dedicated logistics service provider. While it possesses the buying power of a large corporation, NUNNER focuses on providing tailor-made solutions to its customers.

Logistics Network Optimization Software 91

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 91

ShipBob

SEPTEMBER 10, 2021

Looking to manage a warehouse? How will I ensure security of my inventory? Without inventory, you can’t make a sale. Warehouse inspections are a major component of warehouse management best practices. They protect your staff and your inventory while also improving internal processes. .

Warehousing 52

Warehousing Supply Chain Design Software Inventory Management Software Inventory Reduction 52

Unleashed

FEBRUARY 8, 2023

While this may prevent critical stockouts, it’s created another problem: All their cash is tied up in inventory, leaving manufacturers desperately scrambling to pay bills and employees on time. They say, ‘For this production, we can do it at this unit price. Get] a really good plan in place to ensure your team are trained.”

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Supply Chain Software 98

Talking Logistics

JUNE 15, 2018

Amazon’s Clever Machines Are Moving From the Warehouse to Headquarters (Bloomberg). million for its warehouse robots (TechCrunch). Thousands of Amazon man hours spent forecasting demand, planning marketing strategies and negotiating deals was now handled by software, a major leap in efficiency. Supreme Court Turns Aside J.B.

Pricing Training 101

Pricing Training Purchasing Training Negotiating Skills Logistics Network Optimization Software 101

DynaSys

OCTOBER 7, 2021

Excellent sales, operational, and inventory planning involves collaboration within and outside an organization. Advanced Analytics let you share complex data and collaborate with critical stakeholders to improve forecast accuracy, better respond to consumer demand, reduce inventory, improve production, and grow profits. Omni-Channel.

Analytics Software 52

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

Supply Chain Shaman

OCTOBER 13, 2022

Inventories increased by 44% due to supply chain volatility. Inventories grew year-over-year by 43%. Coming off a period of high growth, companies are struggling with margins and inventory. In the face of future demand and rising inflation, now is not the time for companies to hold excess inventory. (On See the pattern?

Supply Chain Planning Software 219

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 219

6 River Systems

OCTOBER 30, 2019

Warehouse robots are just one form of warehouse automation , but they’re making a big impact. From greater flexibility and scalability to productivity gains, a faster ROI compared to other automation solutions and better resource management, warehouse robots are changing the face of warehousing.

Warehousing 78

Warehousing Supply Chain Software Supply Chain Design Software Supply Chain Planning Software 78

Precoro

OCTOBER 2, 2023

Now, companies can handle the pre-PO procurement processes, identify purchasing needs, order and approve purchases, receive invoices, and pay for goods all in one system. The PR should contain information about the required items and, if necessitated by company policy, justification for the purchase.

Procurement Solutions 59

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Design Software 59

Supply Chain Opz

NOVEMBER 9, 2014

That said, implementing Lean concepts would undoubtedly be part of that strategy, for example, - Lean Warehousing : Many firms (both retailers and manufacturers) are now aggressively rolling out Lean in their warehouse operations. Eliminate Before You Automate : Automation is critical to large, efficient warehouse operations.

Waste Reduction 274

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

Enterra Insights

APRIL 18, 2019

Gone are the days when a consumer decides they need something and their only choice is to head to the store to buy it. Even when a consumer concludes making an in-store purchase is their best option, they are likely to have used their smartphone to search for other options or to compare prices. Customer service.

Omnichannel 100

Omnichannel Supply Chain Design Software Supply Chain Planning Software Optimization Software 100

6 River Systems

OCTOBER 14, 2022

Without it, your inventory stays on the shelf, and your customers look elsewhere to get what they need. Inventory management techniques. It all centers on customer service — you have a customer online who decided to buy something your business makes or sells. It involves: Inventory management. Warehousing.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Material Savings 52

ToolsGroup

OCTOBER 3, 2022

Yet according to retail advisory firm IHL , “The most significant challenges to inventory distortion are the availability of workers and the disruptions outside of the immediate control of the retailer.” Leaked internal research reveals Amazon is at risk to run out of workers for its US warehouses by 2024.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

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. Some fulfillment warehouses even use robots to pick and pack customer orders. But here are some common use cases for automation in manufacturing supply chains.

Supply Chain Software 52

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

The Logistics & Supply Chain Management Society

JULY 20, 2020

Consumption in the crisis was initially supported by panic-buying. Pricing decisions can be integrated with demand and supply planning. Predictive demand can propose prices changes, subject to stock levels and replenishment capacity. This boosts revenues and optimises inventory. In a crisis economic factors are critical.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

RFgen

MAY 9, 2019

With so many challenges facing warehouse managers just like you, finding ways to dig up cost savings “gold” through warehouse automation technology offers a source of relief. Year after year, you’re challenged to handle and store larger volumes of inventory and material more efficiently.

Material Savings 52

Material Savings Inventory Reduction Supply Chain Software Warehousing 52

Enterra Insights

JUNE 24, 2022

Most of us understand that barcodes contain information that help retailers track inventory; however, few of us know much more about them. Whether in a retail store or a warehouse, associates simply swipe the barcode across the scanner. ” How Barcodes Work. ’ But in truth a barcode is so much more. ”[3].

Supply Chain Design Software 130

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 130

RFgen

MARCH 12, 2024

In inventory management, the FIFO (First-In, First-Out) method takes center stage, offering a performance of unmatched clarity and efficiency in the world of stock control. Imagine your inventory as a flowing river, where the oldest water—your earliest products—moves forward to be used first, ensuring nothing stagnates or loses its relevance.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Inventory Management Material Savings 78

Supply Chain Game Changer

JULY 7, 2021

Robots are the future of automation and Amazon is on top of it with their purchase of Kiva. The technology is built on automated pick and pack tasks in warehouses with some human intervention. They’ve built Amazon Robotics from this purchase and have since grown their robots in 2020 to 45,000 and counting. Fast Delivery.

Inventory Reduction 100

Inventory Reduction Price Reduction Cost Reduction Strategies Supply Chain Strategy 100

EazyStock

JUNE 16, 2022

This could include working out shorter warehouse picking routes, predicting upcoming faults in warehouse automation machinery to prevent breakdowns, or tracking packages across their entire supply chain journey to optimize the route. Intelligent, autonomous warehouse technology is already positively impacting warehouses worldwide.

Modeling 52

Modeling Supply Chain Software Forecasting Software Supply Chain Optimization 52

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. The What and Why of AI Tools for Supply Chain There is a reason why everyone is talking about AI tools and why people are driven to make impulsive purchases of AI-powered tools.

Supply Chain Planning Software 52

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

Elementum

MAY 1, 2018

Well-documented ~ Your contingency plan is of little value unless all relevant stakeholders are trained on it and prepared to jump into action when a disruption does occur. This inventory glut crowded warehouses, eventually forcing companies to cut back on their new orders to clear out their backed-up storage facilities.

Pharmaceutical 94

Pharmaceutical Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software 94