Logistics Viewpoints

OCTOBER 20, 2021

In our conversation, Ken spoke about some of the findings from a recent survey Logistyx conducted on cross-border holiday spending, as well as some larger trends around the state of parcel shipping. Fourth, what are some industry-specific trends for parcel shipping? The State of Parcel Shipping. The Holiday Season.

Supply Chain Network Software 195

Supply Chain Network Software Logistics Network Optimization Software Demand Planning Software Supply Chain Software 195

ToolsGroup

DECEMBER 20, 2021

Global Trade Authority Rob Garrison, CEO and Co-Founder of Mercado Labs, shares insights from over 30 years of supply chain experience working with a variety of Fortune 500 companies. Here, he explains what caused current global supply chain disruptions, and shares the five steps needed to overcome today’s supply chain issues.

Supply Chain Disruption 194

Supply Chain Disruption Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 194

Unleashed

MAY 25, 2023

Do you know your optimal inventory levels? Inventory planning enables you to order the right stock at the right time to meet demand and prevent overstocking. What is inventory planning? It is a key function of modern inventory management. Let’s take a quick look at some of the core benefits of inventory planning.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Inventory Reduction Forecasting Software 52

QAD

MAY 23, 2023

This sounds simple enough, but we all know it’s a very complex issue and that’s partially because ESG concerns touch every part of the value chain, from the field or mine where raw materials are sourced to the packaging and transport modes used to bring your finished product to market. The International Labor Organization reports that 27.6

Procurement Solutions 92

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 92

Logility

APRIL 9, 2020

Supply chain disruptions, like the one we are currently experiencing due to the COVID-19 Pandemic will continue to happen. Although I am sure I missed a few, the point is our global, complex, fast-paced supply chains can be disrupted in hundreds of ways and I for one don’t see that changing anytime soon.

Supply Chain Planning Software 190

Supply Chain Planning Software Supply Chain Design Software Supply Chain Disruption Agile and Lean Supply Chain 190

ivalua

FEBRUARY 8, 2023

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Why is visibility so important?

Manufacturing Procurement 242

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Optimal Sourcing 242

Unleashed

JULY 25, 2023

The inventory turnover ratio measures how often stock is sold and replaced over time. 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 is expressed as a financial ratio.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

ToolsGroup

NOVEMBER 23, 2021

The following strategies, based on data, analytics, and collaboration, are helping planners around the globe overcome a disrupted supply chain. Use analytics to put your available inventory to the best use. In the current climate, with severe supply shortages, companies are interested in optimizing for margin.

Supply Chain Planning Software 291

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 291

ToolsGroup

MARCH 7, 2023

The dynamic sourcing capability automatically smooths inventory targets day after day and ensures target service levels are achieved regardless of supplier constraints. Modularization enables engines like Stock-to-Service Curves to be provided as micro-services to other applications in the supply chain ecosystem. Version 8.60

Optimal Sourcing 156

Optimal Sourcing ToolsGroup Supply Chain Planning Software Scenario Planning 156

ShipBob

JANUARY 15, 2024

Striking the perfect balance between supply and demand is a complex dance for any business. If you don’t have enough inventory on hand you risk selling out. Too much, and you’ll be stuck with an inventory glut. An inventory glut occurs when a company has surplus inventory and the stock of products far exceeds its demand.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

ToolsGroup

FEBRUARY 28, 2023

So we’re excited to be delivering significant enhancements to our solution and expanding our already formidable and innovative forecasting , inventory optimization , and replenishment capabilities that help our customers deliver on promises to their customers, while reducing inventory (and their carbon footprints) and boosting profitability.

Supply and Demand 156

Supply and Demand Supply Chain Planning Software Modeling Demand Planning Software 156

ToolsGroup

AUGUST 1, 2022

Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. 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.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

EazyStock

NOVEMBER 17, 2022

The extended sales period sees increased pressure on companies to get ahead on their demand planning and ensure they have the necessary inventory. This year, purchasing teams are also facing continued challenges due to global supply chain and logistics pressures, component shortages, and soaring prices for electricity and fuel.

Purchasing Skills 52

Purchasing Skills Procurement Solutions Warehousing Supply Chain Planning Software 52

EazyStock

NOVEMBER 17, 2022

The extended Black Week sales period sees increased pressure on companies to get ahead on their demand planning and ensure they have the necessary inventory. This year, purchasing teams are also facing continued challenges due to global supply chain and logistics pressures, component shortages, and soaring prices for electricity and fuel.

Purchasing Skills 52

Purchasing Skills Procurement Solutions Warehousing Supply Chain Planning Software 52

Elementum

MAY 26, 2022

These self-imposed problems are, not surprisingly, endemic to major successes with outmoded approaches, and in the face of today’s new challenges and demands, they’ve exacerbated an already urgent supply chain crisis. Supply Chain Disruption: A Closer Look at Macro Factors. 2) Ship to the US and Western Europe.

Supply Chain Disruption 78

Supply Chain Disruption Purchasing Skills Agile and Lean Supply Chain Supply Chain Software 78

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Driving Sustainable Growth Through Supply Chain Resilience. 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.

Supply Chain Planning Software 246

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

Supply Chain Shaman

SEPTEMBER 5, 2022

Thirty-one months of supply chain disruption. The Russian invasion of Ukraine stretches into a much longer war resulting in serious disruptions to the food, automotive, and semi-conductor supply chains. Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. My take away?

Supply Chain Planning Software 243

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 243

Unleashed

MAY 30, 2023

Anticipation inventory is the solution to this problem. Read on to learn what it is, how it works, and the pros and cons of this inventory strategy. What is anticipation inventory? Anticipation inventory can be described as the inventory which is purchased in anticipation of expected increases in demand.

Inventory Reduction 52

Inventory Reduction Inventory Negotiating Skills Purchasing Skills 52

Ware2Go

FEBRUARY 2, 2022

Learn how fast shipping promises drive top of funnel purchase decisions and how merchants of all sizes can make fulfillment a competitive advantage. When Amazon Prime launched in 2005, 2-day shipping was a novelty and what Jeff Bezos himself said felt like “an indulgent luxury”. Fast Shipping in 2022. A Look Back.

Shipping 98

Shipping Purchasing Skills Negotiating Skills Warehousing 98

GlobalTranz

APRIL 6, 2021

What is Supply Chain Resilience? Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. Each disruption has its own nuances, so it’s challenging to plan a precise response to each one. Overall, U.S.

Supply Chain Planning Software 189

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 189

Unleashed

MAY 1, 2023

An inventory control chart is an immensely helpful tool for demand forecasting and inventory management. What is an inventory control chart? An inventory control chart, also known as a stock control chart, is a visual diagram that reflects the minimum and maximum stock levels of a business over time.

Inventory Reduction 52

Inventory Reduction Examples Inventory Inventory Management Software 52

Unleashed

AUGUST 16, 2023

Goods available to be purchased on backorder can mean the difference between a lost sale and a satisfied customer. If you’re new to order fulfilment and inventory management , you’ll need a firm understanding of the backorder process. 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

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

A digital workforce weaves together disconnected automation tools – Robotic Process Automation (RPA), AI, and machine learning – to think, act and analyse the way a human worker would, and work alongside humans. RPA as it is also referred to, has the capability to transform supply chain management. Procurement.

Supply Chain Software 246

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

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. What is Days Inventory Outstanding?

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Procurement Analytics 52

Logistics Viewpoints

JANUARY 11, 2023

Supply chain disruptions have brought about an age of innovation. While time slot management applications work as a stand-alone application, it is more valuable when it is integrated into with other applications on a common platform such as warehouse- and yard management or visibility solutions.

Logistics Network Optimization Software 220

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 220

Ware2Go

JANUARY 10, 2022

Should you change your supply chain procurement strategy in light of continuing supply chain disruptions? Many merchants were concerned about having enough inventory to meet demand, and consumers wondered if they would be able to secure holiday gifts for loved ones.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Price Reduction 52

Taulia

SEPTEMBER 7, 2022

But those goods and materials, referred to collectively as inventory, can be difficult to manage efficiently – especially at scale. Ineffective management of inventory can be extremely harmful to operational success. But, to complicate matters, there’s more than one inventory management strategy to choose from.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Material Savings 52

EazyStock

DECEMBER 13, 2021

These issues have arguably been compounded by container and truck driver shortages as well as global shipping delays. Many inventory management teams are looking for ways to avoid stockouts, as they can cause problems across the entire organization. During times of supply chain disruption, stockouts are inevitable.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Supply Chain Planning Software 52

Ware2Go

NOVEMBER 2, 2021

From this year’s holiday shipping deadlines to navigating shipping delays, this helpful guide contains everything you need to know to meet consumer expectations for shipping this peak season. Holiday Shipping Trends. Holiday Shipping Delays. Don’t miss out on early holiday shopping opportunities.

Shipping 98

Shipping Forecasting Supply and Demand Warehousing 98

Cathy Roberson

AUGUST 15, 2022

Many retailers are feeling inventory pains despite assuring analysts that they're quite pleased with their inventory levels. Mind you, some retailers may indeed be pleased with their inventory levels, but others may be trying to figure out where to store the excess inventory since so many warehouses are beyond full.

Inventory Reduction 52

Inventory Reduction Resource Reduction Inventory Cost Reduction Strategies 52

GlobalTranz

SEPTEMBER 23, 2021

Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing.? Such congestion naturally leads to bottlenecks in planning drayage and eventual increases in the total cost of shipping, not to mention an added strain on trucking as the bottlenecks grow.? As highlighted by?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Unleashed

JULY 12, 2023

Inventory is often the largest current asset in a business. Before you develop an effective inventory management strategy you need to understand what inventory is, its various types, and how it works in a business. What is inventory? Inventory is the stock of goods and materials currently owned by a business.

Inventory Reduction 52

Inventory Reduction Examples Inventory Material Savings 52

Precoro

MAY 19, 2023

According to McKinsey survey of global supply chain leaders , only 53% of respondents describe the quality of data in their supply chain planning systems as “sufficient” or “high.” less likely to be affected by supply chain disruptions.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? Amazon did not invent the random storage approach.

Inventory Reduction 72

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 72

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

JUNE 10, 2021

The Evergreen shipping incident in the Suez Canal proved that logistics remains vulnerable. Managing the expectations of stakeholders and preserving the bottom line, is crucial to handle uncertainty and sustain supply chain stability. But good solutions can transform risks into opportunities. BluJay Solutions.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chain Strategy 246

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. Consequently, there are numerous types of lead time we can measure in the supply chain.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52