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

Unleashed

DECEMBER 21, 2023

Without the right inventory management solutions in place, it’s almost impossible to maintain optimal stock levels, minimise costs, and improve overall efficiency – all of which are essential to ongoing business success. In this guide: What are inventory management solutions?

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies 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

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. 83% of consumers with a household income of over $100,000 report that returns are important.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

ThroughPut

FEBRUARY 2, 2024

Even as the immediate pandemic effects stabilized, new challenges like supply shortages, port congestions, and natural calamities emerged. Amidst this ongoing turmoil, one thing that a lot of supply chain professionals have been falling back on (with confidence!) is advanced supply chain analytics.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 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

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

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

JUNE 7, 2023

Manual inventory control tasks are automated with the help of software tools and warehousing equipment. Inventory optimisation tools Inventory optimisation tools are essential for improving the efficiency with which your business operates. Inventory optimisation software Software is at the heart of inventory optimisation.

Inventory Management Software 52

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

RFgen

APRIL 12, 2024

Therefore, the goal is to optimize cost to optimize profits and catalyze growth. To start with, inventory costs go beyond the initial purchase price of goods. Hidden costs may accumulate after purchase if not meticulously monitored and managed. Next is the cost of storing the inventory.

Inventory Reduction 78

Inventory Reduction Cost Reduction Strategies Purchasing Skills Optimal Sourcing 78

Unleashed

MAY 25, 2023

Many factors go into effective inventory planning, including: Supplier lead times Inventory storage costs Inventory turnover rate Seasonality and sales trends Understocking risks (potential lost sales and reputational damage) Shipping costs What is the purpose of inventory planning?

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Inventory Reduction Forecasting Software 52

ToolsGroup

MARCH 7, 2023

Supply Constraints : Mapping and modeling of all relevant supply chain constraints like shipping/receiving calendars, supply lots, order frequency, order constraints, and replenishment dates. Intelligent decision making at the speed of business transforms supply chain performance. Version 8.60

Optimal Sourcing 156

Optimal Sourcing ToolsGroup Supply Chain Planning Software Scenario Planning 156

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. These teams are also more advanced in the use of planning and more advanced analytics concepts.

Supply Chain Planning Software 243

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

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

AUGUST 7, 2023

In this article, we’ll look at some of those challenges and explore potential solutions to help you and your IM team meet the burgeoning demand for fast and accurate order fulfilment. Inventory Availability and Cost: Striking a Balance It’s rarely a good idea to think too lean in ecommerce inventory management.

Inventory Management Software 75

Inventory Management Software Inventory Reduction Inventory Management Inventory 75

Logistics Viewpoints

FEBRUARY 8, 2022

As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. It’s challenging for logistics providers to keep up, even in perfect supply chain conditions. But, as we know, supply chain conditions were far from perfect in 2020 and 2021.

Logistics Network Optimization Software 188

Logistics Network Optimization Software Optimal Sourcing Supply Chain Planning Software Modeling 188

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

Precoro

MAY 27, 2021

For anyone responsible for procurement in an organisation, supplier management is an inevitable area of responsibility. Poor supplier performance due to the lack of oversight, analytics and clearly defined requirements. Formulate business requirements Procurement is not just about cutting costs and looking for the cheapest deal.

Negotiate Pricing 52

Negotiate Pricing Supplier Management Procurement Analytics Negotiating Skills 52

ToolsGroup

FEBRUARY 7, 2022

From a digitally-transformed shopping experience to global supply chain disruptions and a pandemic that refuses to quit, there’s one thing retailers can count on: People are always going to shop. Love it or hate it, daily necessities need to be purchased. eCommerce Purchases and “The New Normal” Retail Categories.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

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

ShipBob

JANUARY 15, 2024

Its cause can be related to poor demand forecasting, changes in global economic conditions, supply chain disruptions, or shifts in consumer preferences. In fact, according to a report , two-thirds of retailers had excess inventory during the 2023 holiday season last year.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

Logistics Viewpoints

NOVEMBER 19, 2021

Container shipping rates could raise import prices by 11%. Merchants Fleet to purchase 18,000 BrightDrop Electric Vehicles. Port of LA reports another 900,000+ TEU Month, backlog decline. British Columbia Flooding Causes Major Supply Chain Disruptions. And now on to this week’s logistics news.

Logistics Network Optimization Software 156

Logistics Network Optimization Software Price Reduction Los Angeles Rail Software 156

crisp

OCTOBER 3, 2023

While supply chain disruptions that have defined previous years are showing signs of improvement , the current market faces a new set of challenges. Inflation and economic uncertainty loom large , directly influencing consumer purchasing behavior.

Waste Reduction 52

Waste Reduction Inventory Reduction Vendor Strategies Resource Reduction 52

Logistics Viewpoints

JANUARY 26, 2021

This means supply chain and logistics professionals need to distinguish between more frequently purchased products and the slower-moving products customers are willing to wait for. Too often, organizations invested in solutions that offer little more than knee-jerk reactions, resulting in net losses. A Positive Example.

Agile and Lean Supply Chain 268

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Supply Chain Strategy 268

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

How do you ensure delivery if once reliable supply chains break? The industrial equipment and machinery (IM&E) industry needs to start looking at solutions that will handle change in key elements of the supply chain, production operations, and shipment activities without being disrupted. Operations.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Forecasting Software 115

Jaggaer

APRIL 14, 2020

Can the complex global supply network survive the COVID-19 pandemic? Define your procurement response strategy. Many countries have closed shops for non-essential and discretionary purchases, and even where they are open, consumers may be cautious about venturing to the high street, preferring to shop online.

Supply Chain Disruption 52

Supply Chain Disruption Europe Cost Reduction Strategies Material Savings 52

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.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Procurement Analytics 52

Unleashed

AUGUST 3, 2021

purchase in bulk, hoarding quantities?of Dogs ate well during the pandemic, which boosted sales for manufacturers Business Wire predicts that the Australian?pet?food?market?will?grow New Zealand industry sources report that pet food suppliers sold? they had to respond to supply?chain?disruptions, international shipping?problems,

Manufacturing Procurement 98

Manufacturing Procurement Food Inventory Management Software Manufacturing 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

Freightos

NOVEMBER 11, 2021

More on Maersk’s transition to an end-to-end provider can be found in this 2020 report. On the horizontal carrier integration front, Maersk has doubled down on its extension from ocean consolidation (Hamburg Sud, 2017) to air cargo, increasing Maersk Air by 33% with three leased cargo planes and two new Boeing purchases. Source).

Price Reduction 178

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 178

ivalua

JUNE 10, 2020

The Covid-19 pandemic has exposed the fact that many supply chains remain inadequately prepared for a crisis. Supply chain management and procurement sit poised on the frontlines of managing global supply risks for their brands. Because today supply chain disruptions and waste abound. .

Risk Management 147

Risk Management Optimal Sourcing Manufacturing Procurement Waste Reduction 147

ShipBob

FEBRUARY 25, 2022

This involves keeping track of critical distribution metrics such as how many orders were shipped out on time because this is vital to determine how efficient their processes are, how satisfied customers will be, and whether they need to make improvements. The OTIF metric isn’t just for measuring delivery performance.

Optimal Sourcing 52

Optimal Sourcing Real-time Visibility Procurement Analytics Supply Chain Planning Software 52

BR Williams Supply Chain Management

FEBRUARY 16, 2022

As a consumer , you probably experienced this interference while shopping for gifts over the holidays, searching for in-stock furniture for your home, or with other products you purchased. During significant supply chain disruptions , some solutions can help you mitigate shipping disruptions and better serve your customers.

Supply Chain Software 98

Supply Chain Software Supply Chain Supply and Demand Procurement Solutions 98

Unleashed

JANUARY 10, 2023

The 5 components of the supply chain planning process: Supply chain visibility Supply chain mapping Production optimisation Product pricing optimisation Implementation of supply chain planning software Combine these and you’ll get an optimised supply chain planning strategy that brings in extra revenue and helps you cut unnecessary business costs.

Supply Chain Planning Software 52

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

Unleashed

MAY 30, 2023

Anticipation inventory is the solution to this problem. Anticipation inventory can be described as the inventory which is purchased in anticipation of expected increases in demand. For example, easter eggs purchased ahead of Easter, or pumpkins purchased ahead of Halloween. What is anticipation inventory?

Inventory Reduction 52

Inventory Reduction Inventory Negotiating Skills Purchasing Skills 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. That said, as we’ll see in the other trends in this report, COVID-19 has also been a transformational turning point.

Inventory Management Software 97

Inventory Management Software Forecasting Software Predictive Analytics Software Analytics Software 97

Unleashed

NOVEMBER 10, 2021

UK electronics manufacturers have seen a sales revenue lift of 30% in 2021 vs 2020, outpacing the average performance of manufacturers of 24%, according to data from a soon-to-be released Unleashed State of Manufacturing report. The report analyses over 79,000 data points from UK manufacturers that use Unleashed software.

Manufacturing Procurement 98

Manufacturing Procurement Electronics Manufacturing Inventory Management Software 98