Supply Chain Matters

OCTOBER 19, 2023

Bloomberg, The Wall Street Journal and other industry specific media are reporting that Seattle based digital freight start-up services provider Convoy is preparing for a possible sale or other action. Both reports cite declining freight industry demand and increased competition among start-ups in this digital freight and logistics segment.

Logistics Network Optimization Software 59

Logistics Network Optimization Software Report Freight Demand Planning Software 59

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process.

Procurement Analytics 17

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 17

GlobalTranz

MAY 25, 2018

The internet allows for unlimited scalability and boosted efficiency in warehouse inventory management. The so-called “smart warehouse” takes advantage of these defining factors by connecting systems to streamline inventory management and overall productivity. Download white paper.

Inventory Management Software 125

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 125

SCMDOJO

MARCH 19, 2024

While Its primary purpose is to manage the entire process, from procurement to delivery, efficiently and cost-effectively, it also coordinates with production to automate processes and planning, etc. Watch What is Marketing Procurement? on our SCMDOJO YouTube Channel! Why do you need a structured Supply Chain Department?

Optimal Sourcing 79

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 79

Proxima

SEPTEMBER 12, 2023

And what for procurement teams? Procurement will need to understand all the ways that AI could transform how attorneys manage their work and what challenges AI could create for legal suppliers that need to be considered. Inaccurate reporting outputs. This helps ensure that all contracts meet applicable laws and regulations.

Procurement 59

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GlobalTranz

JUNE 15, 2018

An effective warehouse management strategy is key to staying competitive and meeting consumers’ expectations in the omnichannel world. To understand this paradox, warehouse managers need to understand the pitfalls of omnichannel warehouse management and how to develop a winning strategy. Download white paper.

Omnichannel 125

Omnichannel Inventory Reduction Warehousing Resource Reduction 125

BlueYonder

NOVEMBER 2, 2017

In part 1 of this blog series, we took a look at how innovation is changing the supply chain and the evolution of different warehouse types and processes. Also, warehousing for a long time has been considered to be mainly a manual process, in global logistics concepts benefitting from low labor costs.

Supply Chain Software 109

Supply Chain Software Warehousing Demand Planning Software Supply Chain Network Software 109

GlobalTranz

SEPTEMBER 12, 2016

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. Although procurement logistics might sound like it involves the purchasing of manufactured products , it is much more involved. The Definition of Procurement Logistics.

Manufacturing Procurement 120

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 120

Kanban Logistics

SEPTEMBER 9, 2021

In this article, we’ll look at the latest reports on manufacturing activity, while showing how a third-party logistics (3PL) provider can offer great logistics benefits within the manufacturing industry. The article and report contain additional positive manufacturing signs, along with some concerning ones. Third-party procurement.

Manufacturing Procurement 52

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Procurement Academy

AUGUST 17, 2021

For those of us working in the field of supply chain and procurement education, it’s an open secret. But the same is most emphatically not true of supply chain and procurement. Business schools and conventional approaches to supply chain and procurement education struggle to keep pace with all this change. shoring and near?shoring,

Buyer Training 93

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FLEXE

JUNE 15, 2017

Nowhere is this more evident than the warehouse. In 2015, 12% or respondents reported subleasing space. On the other hand, for those with excess inventory in need of more space, it’s surprising how many respondents have to rely on traditional methods for procuring space. THE FINDINGS. Now, it’s only 7%.

Capacity 44

Capacity Warehousing Trends Report 44

EC Sourcing Group

AUGUST 31, 2021

Top 5 Sourcing and Procurement Techniques. With sourcing and procurement , a solid strategy is essential to ensure that your ROI is strong, your relationships with your suppliers are doing well, and that your team appropriately supports your stakeholders and company’s overall goals andobjectives. .

Optimal Sourcing 52

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Supply Chain Matters

JUNE 21, 2022

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. This report provides a snapshot of the U.S. This Year’s Report Themes and Key Messages.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

GlobalTranz

JULY 12, 2016

A Director of Operations, Warehouse Director or Manager, or even the Director of Supply Chain or Logistics, are always in the pursuit of continuous improvement as well as warehouse cost savings in both time and money. 5 Key Areas to Focus on in the Pursuit of Warehouse Cost Savings. Use cross-functional teams to solve problems.

Material Savings 120

Material Savings Cost Reduction Strategies Waste Reduction Optimal Sourcing 120

NC State SCRC

MAY 30, 2022

The report was published in the last month, and reflects some of the increasing challenges and disparities that exist between procurement and supply chain executives. In this study, we explore the primary forms of misalignment that exist between supply chain and procurement executives. (We

Supply Chain Execution 98

Supply Chain Execution Procurement Analytics Procurement Solutions Optimal Sourcing 98

Logistics Viewpoints

OCTOBER 2, 2023

FourKites, for example, can tell one of their shipper clients how long carriers are sitting on average at their warehouses and how this compares to the industry average; Or they can tell a shipper client the appointment reliability at one of that shippers customer’s distribution centers.

Real-time Visibility 219

Real-time Visibility Supply Chain Visibility Inventory Reduction Agile and Lean Supply Chain 219

Supply Chain Matters

AUGUST 8, 2022

This index was reported as 1.84 reported for June, and 2.59 reported for May. The July report narrative indicated that the decline in the pressures index was similar to that over the past two months and was uniform across most of the subcomponents of this index. percentage points from the reported reading of 65 in June.

Procurement Analytics 52

Procurement Analytics Report Global Supply Chain Software 52

TrackVia

MAY 25, 2023

Many companies are realizing the critical role that effective inventory management plays in streamlining warehouse operations and maintaining an edge over competitors. Mastering warehousing is not merely a distant goal; it has become a necessity for organizations aiming to maximize productivity, increase efficiency, and reduce costs.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Design Software 52

Supply Chain Matters

MAY 12, 2022

The advisory identified the various unique challenges associated with customer fulfillment and warehouse operational workers, continual nationwide truck driver shortages across the United States and Europe in areas of compensation, process inefficiencies and collaborative automation needs. The report is complimentary with registration.

Supply Chain Software 64

Supply Chain Software Research Supply Chain Planning Software Manufacturing Procurement 64

RFgen

JUNE 2, 2023

As revealed in the RFgen Digital Inventory Report , a major challenge in inventory management is having too many challenges. Accuracy, procurement, staffing, quality, efficiency, costs—you name it. A common “slow zone” in the warehouse. Sound familiar? But what if these challenges could be transformed into opportunities?

Inventory Management Software 52

Inventory Management Software Inventory Reduction Optimization Software Supply Chain Software 52

SCMDOJO

NOVEMBER 9, 2023

Warehousing expenses are often variable and depend on the amount of inventory stored. Consequently, it is imperative to maintain a well-organized warehouse that either introduces new items at the back or strategically positions older items at the forefront. These are shown in our inventory control template excel later in the blog.

Inventory Reduction 84

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 84

Logistics Viewpoints

MARCH 9, 2022

Time slot management helps to organize warehouse resources to prepare for an incoming truck. The warehouse needs to know who is coming and when, which begins with the estimated time of arrival. The most common cause for wait times at warehouses as reported by survey respondents is peaks and troughs of arriving.

Optimal Sourcing 253

Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software Predictive Analytics Software 253

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? In this article, learn how to track warehouse performance by monitoring the right KPIs.

Optimal Sourcing 52

Optimal Sourcing Warehousing Inventory Reduction Inventory Management Software 52

Logistics Viewpoints

FEBRUARY 8, 2022

Whether it means recognizing a skilled labor shortage at a specific warehouse today or anticipating a significant weather event next week, logistics professionals need to see exactly what is happening across the end-to-end supply chain, in real time. The Digital Warehouse, Fueled by Optimized Labor. While driving a projected $14.1

Logistics Network Optimization Software 187

Logistics Network Optimization Software Optimal Sourcing Supply Chain Planning Software Modeling 187

ivalua

FEBRUARY 10, 2021

Co-op Program and Special Projects Coordinator, State Procurement Office. Carter recently graduated from Arizona State University with a Bachelor’s degree in Supply Chain Management and started with the Arizona State Procurement Office in early 2019. Carter Marshall.

Arizona 130

Arizona Optimal Sourcing S&OP Procurement 130

Supply Chain Matters

MAY 31, 2022

The advisory identified the various unique challenges associated with customer fulfillment and warehouse operational workers, continual nationwide truck driver shortages across the United States and Europe in areas of compensation, process inefficiencies and collaborative automation needs. The report is complimentary with registration. .

Research 52

Research Supply Chain Software Supply Chain Planning Software Supply Chain Strategy 52

Supply Chain Matters

SEPTEMBER 6, 2022

The Wall Street Journal reported this week (Paid subscription or metered view) that ocean container freight rates related to the most active global shipping lanes continue to decline amid what is traditionally considered the peak shipping period leading up to the holiday fulfillment season in the November-December period. Added Perspectives.

Report 52

Report Global Scenario Planning Forecasting 52

Silvon Software

JUNE 1, 2023

Monitor and report on stakeholder-focused KPIs: Regularly monitor the performance of stakeholder-focused KPIs and report the results to all relevant stakeholders. Use appropriate reporting mechanisms such as dashboards, scorecards, or periodic performance reports.

S&OP 93

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 93

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

are reporting that they are being inundated with requests from importers seeking to use provisions such as the “321 de minimis” rule, which allows goods worth less than $800 to be shipped to the U.S. Firms could store products that attract tariffs in bonded warehouses until they are required. without being subject to tariffs.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

Supply Chain Matters

JULY 7, 2023

According to the June report summary , the primary driver of the latest decline was the inventory metric, which reportedly contracted 6.5 Consequently, the warehousing capacity metric increased a reported 6.8 Similar trends were highlighted in our Supply Chain Matters summary of the May 2023 LMI report.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Inventory Reduction Negotiate Pricing 52

The Logistics of Logistics

JANUARY 11, 2023

Expertise in operations, LTL pricing and procurement, flatbed operations, dry van, tracking and tracing, reality tv shows and how to turn a stranger into your new best friend. As shippers struggle to comply with carbon mandates and Scope 3 emissions reporting, 3PLs, brokers, and shippers will be expected to become more sustainable.

Analytics Software 191

Analytics Software Logistics Network Optimization Software Freight Rail Software 191

Supply Chain Matters

APRIL 4, 2024

In reporting of the latest investment, The Wall Street Journal observed that the total investment represents Amazon’s largest investment in another company since its founding 30 years ago. With this latest investment, Amazon ’s total investment in this AI start-up amounts to $4 billion, and reportedly has a minority ownership.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 40

Supply Chain Matters

AUGUST 7, 2023

The July report narrative specifically indicates: “ We continue to see very different outcomes for the overall economy and the logistics industry. While 209,000 workers were added in June, 14,000 freight and parcel carriers were cut and 6,900 warehousing and storage jobs were lost. warehouse workers in June of 2022.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Transportation Logistics Warehousing 52

GlobalTranz

FEBRUARY 17, 2016

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well. A Focus on Inventory Control Begets Warehouse Cost Reductions. First, data integrity is vital.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

GlobalTranz

JULY 28, 2021

Managed transportation is about streamlining and centralizing the whole process of both inbound and outbound logistics, ranging from warehousing through delivery. While managed transportation and transportation optimization may go hand-in-hand, they are not necessarily identical.

Optimal Sourcing 317

Optimal Sourcing Optimization Software Network Optimization Supply Chain Optimization 317

Logistics Viewpoints

APRIL 25, 2022

At a high level, the act requires that companies ensure compliance with human rights and the prevention of environmental degradation, both within their direct activities but also along their entire supply chain; and that grievance mechanisms be set up with reporting on an annual basis to the German government on the regulated activities.

Supply Chain Software 240

Supply Chain Software Supply Chain Strategy Procurement Solutions Supply Chain 240

SYSPRO Smarter ERP

AUGUST 2, 2023

Food and Drug Administration (FDA) and other governmental entities necessitates continuous reporting on product traceability and adherence to exacting standards. ERP analytics enable the reporting and tracking of variances and defects, providing valuable insights to improve the design process.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98