Unleashed

OCTOBER 6, 2021

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that that are each proven to reduce a company’s costs.? It also avoids the need to dip into safety stock.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

BlueYonder

MAY 10, 2024

Here are the trends our Blue Yonder Industry Strategy team sees for the upcoming quarter: Supply Chain and Technology Supply chains will remain volatile with escalating disruptions as a result of extreme weather effects and unrest across the globe. Speak to one of our Industry Strategy leaders today! Reach out at blueyonder.com.

Vendor Strategies 80

Vendor Strategies Material Savings Resource Reduction Price Reduction 80

Logistics Viewpoints

MARCH 21, 2022

Blue Yonder recognized the need to transform into a Partner First organization as part of its core growth strategy. I talked with Umar Ausaf – Blue Yonder’s General Manager for North America Partner Success and Bill Beecher – VP for Global Alliances at Blue Yonder – about this change to their strategy. The transition is not easy.

Vendor Strategies 198

Vendor Strategies Resource Reduction Price Mitigation Strategies Supply Chain Strategy 198

GlobalTranz

JANUARY 16, 2019

If you’re running a warehouse, this will probably be your main goal, too. But, with a well-planned strategy, you too can reduce expenses in your workplace. Still, some losses are a predictable expense and you can’t entirely eliminate them. If the warehouse isn’t run twenty-four-seven, then consider getting guards.

Cost Reduction Strategies 226

Cost Reduction Strategies Expense Reduction Waste Reduction Vendor Strategies 226

Logistics Viewpoints

NOVEMBER 30, 2023

This article is from Patrick Byers, DevOps Engineer at Lucas Systems, and looks at fortifying warehouse and distribution centers against cybersecurity attacks. The warehousing and distribution industry is highly reliant on technology for its operations. Why are warehouses and DCs so vulnerable to cyberattacks?

Warehousing 241

Warehousing Distribution Cost Reduction Strategies Vendor Strategies 241

Unleashed

OCTOBER 5, 2023

Managing a warehouse can be a complicated task. Keep reading to discover how warehouse management works, gain a confident understanding of the typical warehouse team structure, and learn how to optimise your warehouse processes. In this warehouse management guide: What is warehouse management?

Inventory Reduction 52

Inventory Reduction Waste Reduction Material Savings Resource Reduction 52

Clear Spider

JULY 11, 2023

Ultimately, getting a head start is an important consumer strategy that businesses should be aware of. To help, we’ve gathered a list of key trends to be aware of and the most effective inventory management strategies that will optimize your supply chain for back-to-school success. What’s Trending?

Inventory Reduction 97

Inventory Reduction Vendor Strategies Expense Reduction Price Reduction 97

Unleashed

DECEMBER 21, 2023

Keep reading to uncover the risks and challenges of inventory management , learn about the types of solutions available, and discover some of the most effective inventory management strategies in modern business. According to Zebra’s Retail Vision Study , reducing stock-outs and overstocks can lower inventory costs by 10%.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

Supply Chain Game Changer

JUNE 30, 2022

The Importance of a Strong Supply Chain and Logistics Strategy! For a supply chain to run smoothly it needs to be well managed under the right strategy for your business objectives. Below are three building blocks of a well-managed supply chain strategy to help you boost efficiency and lower costs. Demand Planning. Conclusion.

Inventory Reduction 78

Inventory Reduction Vendor Strategies Cost Reduction Strategies Supply Chain Strategy 78

Locus Robotics

JUNE 6, 2023

By Alex Selwitz, Red Stag Fulfillment Unlocking a warehouse’s potential starts with impeccable organization. Fortunately, cutting-edge tools and invaluable data provide a lifeline, empowering warehouses to optimize their organizational prowess. Yet, with ever-shifting stock, maintaining this order can seem Herculean.

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Warehousing Optimization Software 52

Logistics Viewpoints

NOVEMBER 16, 2023

This article is from Descartes Systems Group and looks at how companies can reduce lead times with real-time data. Additionally, a longer lead time reduce a company’s agility, or resilience, to adapt to demand fluctuations, or other disruptions that may occur. How can you better manage lead time? To read the full article, click HERE.

Real-time Visibility 241

Real-time Visibility Material Savings Inventory Reduction Vendor Strategies 241

Unleashed

OCTOBER 4, 2021

Here we break down the inventory management strategies of seven successful manufacturers and retailers around the globe. These examples show there isn’t a benchmark inventory management strategy that trumps all others. This allows Amazon to concentrate on other aspects of the transaction, like shipping, returns and processing.

Inventory Reduction 97

Inventory Reduction Vendor Strategies Inventory Management Software Waste Reduction 97

Supply Chain Game Changer

AUGUST 21, 2022

A solid supply chain and logistics strategy is essential for large companies. Using a logistics-oriented strategy helps companies better understand their suppliers, improve customer service, and optimize shipping. Smart logistics strategies can reduce wastage and improve operational costs. Subscribe Here! Email Address.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

Stord

APRIL 26, 2022

After 2+ years of out-of-stock messages, low inventory levels, and sky-high costs, brands are exploring a wide range of strategies to resolve these issues and strengthen their inventory throughput in 2022 and beyond. Unfortunately, not all supply chain strategies are created equal. Which of These Strategies is the Most Feasible?

Inventory Reduction 78

Inventory Reduction Vendor Strategies Cost Reduction Strategies Expense Reduction 78

Logistics Viewpoints

OCTOBER 30, 2023

The project was focused on the spare parts supply chain – the delivery of car parts and aftermarket accessories to automotive dealers and repair shops across Europe from their OEM vendors as well as their own manufacturing facilities in Europe. This supply chain spanned across 24 nations. The project took close to nine months.

Vendor Strategies 232

Vendor Strategies Cost Reduction Strategies Modeling Inventory Reduction 232

ToolsGroup

APRIL 4, 2023

By land, by air, by sea – transit organizations know the competition is fierce for retaining customer loyalty, requiring inventory management strategies that balance consumer needs with sustainability initiatives and business goals. Many airlines have their own warehouses that feed “stations,” or stocking hubs, at the airports themselves.

Inventory Reduction 156

Inventory Reduction Waste Reduction Material Savings Cost Reduction Strategies 156

BlueYonder

OCTOBER 3, 2023

The changing warehouse technology landscape is driving higher adoption of autonomous mobile robots (AMRs) and other new automation. How can companies unlock opportunities for greater efficiency, performance and cost reductions across the warehouse? What are the current warehouse automation trends that you are seeing?

Warehousing 111

Warehousing Supply Chain Planning Software Predictive Analytics Software Modeling Software 111

Ware2Go

NOVEMBER 15, 2021

Use this guide to understand warehousing services, prioritize service level agreements, and choose the right warehouse partner for your business. Table of Contents: What is Warehousing? What Is Warehousing? Types of Warehousing Services. By this definition, a warehouse would only provide inventory storage.

Warehousing 105

Warehousing Negotiating Skills Inventory Reduction Supply Chain Network Software 105

Unleashed

FEBRUARY 26, 2024

Warehouse inventory management is a sometimes complicated, always-vital process for managing a company’s physical goods. With the right approach, effective warehouse inventory management will help you increase productivity and profitability while keeping customers loyal and happy. What is warehouse inventory management?

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Material Savings 52

Unleashed

OCTOBER 4, 2023

Shipping specifically refers to the transportation of goods from one location to another ­– typically from the seller’s distribution centre or warehouse to the buyer’s address. Reduced operating costs: Effective order fulfilment can minimise costs associated with processes like inventory management, packing, and shipping.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 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. In the first part I put forth 6 areas of focus in order to reduce logistics costs. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

SCMDOJO

AUGUST 4, 2023

If so, then it’s time to consider the numerous benefits of reducing inventory. In this article, we’ll explore seven compelling reasons why you should reduce inventory and how it can be a game-changer for your business. But when should you consider reducing inventory? The same applies to inventory reduction.

Inventory Reduction 91

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 91

Ware2Go

APRIL 13, 2023

On demand warehousing is challenging the traditional models of 3PL and in-house fulfillment solutions. Learn how you can free up working capital and grow your business with an on demand warehousing partner. What Is On Demand Warehousing? How Does On-Demand Warehousing Work? Watch LS2’s full story here.

Warehousing 52

Warehousing Negotiating Skills Modeling Demand Planning Software 52

RFgen

MAY 10, 2023

Regaining control over your inventory can make your warehouse and shop floor more efficient. Greater efficiency helps reduce costs and improve profit margins, giving you the edge over competitors. But how do you reduce inventory costs and maximize profit margins? Cutting Costs: Strategies for Reducing Inventory Costs 1.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Price Reduction Vendor Strategies 52

GlobalTranz

FEBRUARY 16, 2016

This is the first of a two-part series where I will curate and cull information from my 4 decades of experience in logistics cost reduction at various positions in the supply chain. In this first part, I will focus on 6 places that you can apply to your organization to reduce costs and increase profit. You will reduce overhead costs.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

Logistics Viewpoints

DECEMBER 5, 2023

This information is then used to develop a risk management strategy that takes into account the potential impact of different types of cybersecurity incidents. Review System Logs: Warehouse and DC operators should regularly review system logs to detect any unusual activity or potential cyber threats.

Supply Chain Planning Software 240

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Supply Chain Network Software 240

Precoro

AUGUST 31, 2023

However, achieving significant cost savings is not always easy — it requires a comprehensive approach that involves more than just cutting expenses. In this blog post, we'll go over everything you can do to reduce company expenses.  Keep Companies can cut costs in various ways.

Material Savings 105

Material Savings Cost Reduction Strategies Expense Reduction Price Reduction 105

ShipBob

MARCH 23, 2022

As a result, you need an optimized retail distribution strategy for better efficiency and cost savings. In this post we’ll give you a closer look at what retail distribution is, how it works, and how you can choose or optimize your retail distribution strategy. There are several types of retail distribution strategies.

Inventory Reduction 52

Inventory Reduction Price Reduction Vendor Strategies Cost Reduction Strategies 52

Logistics Viewpoints

APRIL 27, 2022

I just completed the data gathering process for ARC’s global Warehouse Management Systems (WMS) market research study. Also of interest was integration with complementary technologies such as warehouse automation and robotics. Modern APIs, pre-built connectors, and warehouse analytics were all noted. IT Platforms.

Forecasting Software 225

Forecasting Software Supply Chain Planning Software Demand Planning Software Analytics Software 225

Unleashed

SEPTEMBER 28, 2023

If you’ve ever had inventory sitting in the storeroom or warehouse unused, unsold, and taking up space – you’ve experienced dead stock. We’ll cover the definition then break down some effective dead stock analysis, dead stock liquidation, and dead stock accounting strategies. This guide explains all you need to know about dead stock.

Material Savings 52

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 52

Supply Chain Game Changer

MAY 4, 2021

By that I mean you should design and implement a Supply Chain strategy that does not care what the lead time is for any aspect of the chain. Resilient Supply Chain Design is a Smart Strategy. Reduce, if not eliminate, single or sole sourced materials and services.

Inventory Reduction 92

Inventory Reduction Waste Reduction Vendor Strategies Expense Reduction 92

RFgen

FEBRUARY 15, 2023

Strategy is a critical aspect of supply chain management. By managing processes like planning, sourcing, production, and delivery, companies can reduce costs, safeguard against undue risk, and pivot quickly when faced with the unexpected. Creating a new supply chain strategy can be complicated, if not daunting. Don’t worry.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Waste Reduction 52

Veridian Solutions

OCTOBER 21, 2019

Meanwhile, the industry still suffers from a warehouse labor shortage. Due to the need to move warehouses further from urban areas, warehouse workers become even more scarce. Fortunately, WMS labor cost reductions can help alleviate these concerns, and supply chain leaders need to know why.

Cost Reduction Strategies 45

Cost Reduction Strategies Vendor Strategies Material Savings Supply Chain Software 45

Locus

JUNE 23, 2023

So, knowing more about order fulfillment, its importance, process, and strategies is critical. With an efficient order fulfillment process, businesses can reduce their shipping costs and improve their turnaround times which helps them increase their sales and revenue. Let’s fill in! What is Order fulfillment?

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Resource Reduction Vendor Strategies 52

Unleashed

JUNE 8, 2023

Behind every successful product business is a thoughtful procurement strategy designed to optimise the supplier management and purchasing process. This guide answers exactly what is procurement, how procurement works in a business , and which tools and strategies lead to supply chain success.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Vendor Strategies Material Savings 52

Unleashed

JANUARY 31, 2023

Lean logistics is a strategy designed to optimise supply chain efficiency by cutting out waste and maximising customer value. Lean logistics is a method of supply chain optimisation that focuses on eliminating wasteful activities from all checkpoints along the supply chain and increasing value for the customer.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Waste Reduction Inventory Reduction Cost Reduction Strategies 98

BR Williams Supply Chain Management

MAY 17, 2024

From Port in Mobile, AL to Warehouse – Precision and Care at Every Step When products arrive at the Mobile, AL port , BR Williams steps in with precision and care to ensure a seamless transition. Beyond custom packaging, we also employ strategic last-mile delivery strategies to enhance customer satisfaction further.

Inventory Reduction 52

Inventory Reduction Logistics Network Optimization Software Vendor Strategies Demand Planning Software 52