Talking Logistics

MAY 13, 2015

And yet, prior to replacing a legacy inventory management system and implementing a supply chain analytics solution from FusionOps , the share of merchandise the company delivered on-time and in-full was a dismal 28 percent! How did this vast improvement in a key supply chain metric translate into financial performance?

Supply Chain Software 100

Supply Chain Software Procurement Analytics Analytics Software Supply Chain 100

MIT Supply Chain

MAY 16, 2013

Inventory mismanagement. Ingrained attitudes can block better inventory practices. Depending on which corporate silo you belong to, inventory can be a liability, an asset, or something in between. How do supply chain (SC) professionals overcome these biases and implement optimal inventory management solutions?

Inventory Reduction 78

Inventory Reduction Inventory Inventory Management Software Modeling 78

GlobalTranz

MAY 13, 2015

Walmart would not have the ability to provide such low prices and have consistent inventory in the over 5,000 stores in the United States and over 1.3 “The net true cost considers issues such as waste-to-landfill, greenhouse gas emissions, economic mobility, worker safety and food safety. .”

Gartner 120

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 120

Talking Logistics

MARCH 28, 2017

For example, companies can now do in days what used to take weeks of programming and customization. . Utilize automated technologies to locate and track inventory. We’re already seeing practical examples of this in supply chain operations, with parcel sorting, product packaging, automated guided vehicles, and robotic lift trucks.

Supply Chain Software 0

Supply Chain Software Logistics Network Optimization Software Demand Planning Software Procurement Solutions 0

Logistics Bureau

JANUARY 7, 2020

Conversely, just 8% of businesses with less capable supply chains report above-average growth. 2) According to a 2012 report into corporate insolvencies by the Australian Securities and Investments Commission, 44% of businesses in Australia failed because of poor strategic management. Pioneered the use of vendor-managed inventory.

Inventory Reduction 102

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 102

Enterra Insights

NOVEMBER 29, 2018

For example, a report published by Accenture and DHL notes, “The logistics behind global trade is highly complex as it involves many parties often with conflicting interests and priorities as well as the use of different systems to track shipments. … Only for turkeys. ” eft , 1 February 2013. [4]

Optimal Sourcing 100

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Supply Chain Strategy 100

Unleashed

MAY 10, 2021

When coffee nerd Tom Baker joined forces with Philip Moore in 2013, they probably didn’t realise within five years they would have an award-winning product on their hands. There was a need to have an inventory system that integrated with Xero in the cloud that was easy to use and could handle manufacturing to grow as the company did.

Procurement Solutions 90

Procurement Solutions Manufacturing Procurement Inventory Management Software Logistics Network Optimization Software 90

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). As a B2B company, procurement management is essential.

Supply Chain Software 34

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement 34

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). As a B2B company, procurement management is essential.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

Supply Chain Movement

FEBRUARY 16, 2016

The firm’s lean engineers and supply chain engineers help hospitals not only with inventory management and logistics but also with process improvements in catheterisation labs, for example. Consultants used to spend months conducting research, only to present clients with a lengthy report that subsequently ended up in a drawer.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Software Gartner Agile and Lean Supply Chain 60

RFgen

MARCH 10, 2016

Manufacturers working with suppliers have to carefully monitor purchases to ensure the final product meets the necessary quality and safety standards consumers demand. When a problem is detected during inventory management processes, a company must work with partners to fix the mistake or find a new vendor. Keeping Customers Safe.

Modeling 52

Modeling Procurement Solutions Demand Planning Software Manufacturing Procurement 52

RFgen

MARCH 10, 2016

Manufacturers working with suppliers have to carefully monitor purchases to ensure the final product meets the necessary quality and safety standards consumers demand. When a problem is detected during inventory management processes, a company must work with partners to fix the mistake or find a new vendor. Keeping Customers Safe.

Modeling 52

Modeling Procurement Solutions Demand Planning Software Manufacturing Procurement 52

Lucas

JULY 3, 2018

This year’s survey showed the growing importance of labor-related metrics in assessing DC performance. Trend One: Labor Metrics Dominate . Every year the WERC report lists the top 12 metrics used by DC and warehouse managers and tracks how those rankings change from year to year. Annual workforce turnover.

DC 11

DC Survey Supply Chain Planning Software Analytics Software 11

Elementum

SEPTEMBER 11, 2015

The natural food industry has seen huge growth in the last few years, and the McDonald’s announcement is a perfect example of its potential to expand further. The organic food market in the US alone is expected to grow 14 percent from 2013 – 2018 and is expected to take in over $104bn by the end of 2015. Cost of land and production.

Food 60

Food Beverage Purchasing Skills Procurement Solutions 60

Logistics Bureau

OCTOBER 6, 2017

2) Make sure that your customer service policy meets those expectations as closely as you are willing to go in terms of complexity and cost. For example, perhaps you have… Large customers that need weekly deliveries but within 1 hour delivery windows. How do you calculate the quantities of safety inventory to be held?

Cost Reduction Strategies 40

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 40

Talking Logistics

AUGUST 23, 2013

I went to Home Depot earlier this week to return a purchase, and the customer in front of me wanted to exchange a defective power tool with the same model, but he couldn’t find any on the shelf even though the store’s inventory system said 5 units were in stock. Manhattan Associates Launches 2013 Inventory Optimization Release.

Prescriptive Analytics Software 139

Prescriptive Analytics Software Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software 139

Logistics Bureau

APRIL 8, 2016

Supply chain costs often represent a considerable percentage of the sales price of a good or service. Cost savings flow directly to the bottom line. If net profit on sales is 5%, for example, a reduction in supply chain costs from 9% to 4% (or from 12% to 7%) will double net profits. billion, for 2013).

Cost Reduction Strategies 40

Cost Reduction Strategies Material Savings Inventory Reduction Expense Reduction 40

Talking Logistics

JUNE 28, 2013

NAFTA Trade in April 2013. Menlo Worldwide Logistics and Temasek Polytechnic Establish Scholarship Programme, Announce 2013 Winners. Companies can purchase only the functionality they need, then add more complex features and modules as needed over time. Trucks Transported 60.6% The WMS can be deployed in the cloud or on-premise.

Logistics Network Optimization Software 142

Logistics Network Optimization Software Supply Chain Design Software Rail Software Forecasting Software 142

Logistics Bureau

OCTOBER 2, 2016

Conversely, just 8% of businesses with less capable supply chains report above-average growth. 2) According to a 2012 report into corporate insolvencies by the Australian Securities and Investments Commission, 44% of businesses in Australia failed because of poor strategic management. Inventory shortages. Procurement costs.

Inventory Reduction 40

Inventory Reduction Cost Reduction Strategies Material Savings Supply Chain Design Software 40

Logistics Bureau

NOVEMBER 27, 2016

Unilever has sustainability at the very heart of its business model, extending all the way through the supply chain from distribution to procurement. For example, by 2020, Unilever expects to sustainably source 100% of its raw materials, even those used for packaging. The Sustainability Drive. Boxes Within Boxes.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Design Software Gartner 40

Locus Robotics

JULY 5, 2019

With e-Commerce sales approaching and soon surpassing 10% of total retail sales and growing, how and where purchases get made are forever changed. Online purchases will only become more a part of everyday life. Many facilities report turnover to be in double digits a month. Turnover is also a factor aggravating the labor crisis.

Warehousing 40

Warehousing Cost Reduction Strategies Vendor Strategies Price Reduction 40

Supply Chain Shaman

MAY 5, 2017

For example, over the last five years, in consumer products the average company increased items by 38%. This ended when Gartner purchased AMR Research in 2010. Since I do not believe in the Gartner business model, I left. 2) Build an outside-in demand planning model to use channel data. Form and Function of Inventory.

Supply and Demand 173

Supply and Demand Modeling Demand Planning Software Supply Chain Planning Software 173

Supply Chain Shaman

DECEMBER 17, 2018

The Terra Technology implementation is an example of demand sensing while the DDMRP implementation is an example of demand translation of the probability of demand into materials requirements. Completed in 2012, the ERP project forced the company to standardize organizational design, roles, and metrics. The reason?

Demand Planning Software 261

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 261

MIT Supply Chain

JANUARY 16, 2014

Walmart, for example, did not open Walmart.com until 2000 and it took several years (and flirtations with various partners) to make it successful. For pure internet purchasing, the searching, ordering, and payment steps typically occur on line with the delivery being made at home.

Inventory Reduction 97

Inventory Reduction Supply Chain Strategy Supply Chain Design Software Cost Reduction Strategies 97

Supply Chain Game Changer

NOVEMBER 23, 2018

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. He cites data from the American Trucking Association that wages have risen between 15 and 18 percent from 2013-2017, and says this should mean that the shortage will be overblown. Fallacy 4: Improved forecasting will always lead to lower inventory levels.

Manufacturing Procurement 49

Manufacturing Procurement Supply Chain Planning Software Purchasing Skills Supply Chain Software 49

NC State SCRC

OCTOBER 12, 2016

He then went into global imports for the central purchasing group in Raleigh. He became a director at that point, working with sales planning, inventory planning, and financial planning, and pulling together the Sales and Operations Planning team, as well as introducing new products and eliminating obsolescence. Today, we are at 5.5M

Supply Chain Planning Software 40

Supply Chain Planning Software Purchasing Skills Negotiating Skills Supply Chain Software 40

Supply Chain Movement

JUNE 30, 2015

billion euros, which was almost 12 percent more than in 2013 – and far beyond the wildest dreams of the original 31 employees who started out in a temporary prefabricated building on the former Philips Natlab site in Eindhoven in 1984. I’m responsible for the global inventory, which has a value of 2.5 What does your role entail?

Manufacturing Procurement 60

Manufacturing Procurement Supply Chain Planning Software Inventory Management Software Purchasing Skills 60

Logistics Bureau

JANUARY 30, 2023

In the week ending January 15 th , hospitalisations in the People’s Republic increased by 70% against the week prior, according to The World Health Organization (WHO) as reported by Reuters. Other reports say that people are sickening quickly and in enormous numbers, leaving factories short-staffed at the worst possible time—Chinese New Year.

Logistics Network Optimization Software 78

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Supply Chain Optimization 78

Supply Chain Shaman

JUNE 6, 2015

Today, 32% of companies have source, make and deliver reporting to the same organization, and the gaps in alignment between operations and commercial teams are large. Last night, I spoke at a conference on the use of advanced analytic techniques and the future of planning. 3) The rate of change in business is accelerating.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 150

Talking Logistics

JANUARY 13, 2016

Externally, few companies can trace their products more than one or two levels forward or backward in their supply chains, and thus have only limited visibility to supply chain risks or the ability to find potential cost savings. Fortunately, supply chain systems have come a long way since many companies last implemented their solutions.

Supply Chain Planning Software 100

Supply Chain Planning Software Forecasting Software Supply Chain Software Optimization Software 100

Talking Logistics

MARCH 3, 2017

Boston startup raises $10M for retail software that predicts inventory needs (Boston Business Journal). As Tim Higgins reports in the Wall Street Journal : As a legal dispute ensnares Uber Technologies Inc.’s Self-Driving-Truck Startups Race to Take On Uber (WSJ – sub. QuestaWeb Launches TradeGear Product Line.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Planning Software Predictive Analytics Software Eliminating Excel in Purchasing 0

Talking Logistics

OCTOBER 11, 2013

Meanwhile, the annualized turnover rate at large truckload fleets rose two percentage points to 99 percent in the second quarter of 2013, according to the latest edition of American Trucking Associations’ Trucking Activity Report. The news from UPS this week is yet another example.

Logistics Network Optimization Software 144

Logistics Network Optimization Software Supply Chain Planning Software SAP Inventory Management Software 144

Unleashed

SEPTEMBER 30, 2020

Stats NZ has reported the volume of high-strength beer (more than 5% ABV) available for consumption has increased by 21% in five years. The Society of Independent Brewers’s 2020 craft beer report showed that in 2019, their members reported acquiring 47 pub sites; 30% of them now have a taproom, and 35% of them have a shop.

Price Reduction 104

Price Reduction Inventory Reduction Cost Reduction Strategies Expense Reduction 104

Talking Logistics

DECEMBER 16, 2016

Here’s one of my predictions for 2016 that hit the mark: Blockchain Technology Will Make Its Debut in Supply Chain Management. Other examples: The United States Postal Service (USPS) published a report in May titled Blockchain Technology: Possibilities for the U.S. Toyota temporarily shut two factories in the aftermath.

Predictive Analytics Software 50

Predictive Analytics Software Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software 50

Logistics Bureau

OCTOBER 30, 2017

Cost as a percentage of sales (Logistics or Supply Chain). Inventory stock turns in Days. It might help to think of a KPI as something like an instrument on a car dashboard—a speedometer for example. Later in this article we’ll look at some examples of functional and cross functional KPIs. Inventory management.

KPI 94

KPI Guinea-Bissau Virgin Islands Papua New Guinea 94

GlobalTranz

JULY 8, 2015

Reverse Logistics allows businesses to recoup a portion of the original purchase price of this equipment. Furthermore, when an item is returned by a customer to the respective business, the item becomes a wasted cost if the item is simply trashed. Additionally, the growing concern of the public can be of great benefit to the company.

Reverse Logistics 120

Reverse Logistics Logistics Network Optimization Software Material Savings Cost Reduction Strategies 120