Top 15 Logistics Blog Posts of 2014

Cerasis

We continue our top blog posts of 2014 from our main categories today by focusing on something at Cerasis we are experts in : Logistics. In fact, the logistics space is so broad, we couldn’t give you only the top 10 blog posts of 2014, but we had to include the top 15. Top 15 Logistics Blog Posts of 2014. The Ultimate Guide for Effective LTL Freight Management : we put on a 60 minute webinar entitled, “Best Practices for Effective LTL Freight Management and Shipping.”

Insights from Ryder Innovate 2014

Talking Logistics

Jason Mathers discussed the 5 Principles of Greener Freight, and provided real-world examples of those principles in action (read the Ocean Spray , Caterpillar , and Boise case studies, and also watch my conversation with Jason from earlier this year on Talking Logistics). Source: “Sustainability and Green Initiatives in Transportation & Logistics,” Jason Mathers, EDF, Ryder Innovate 2014.

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This Week in Logistics News (October 6-10, 2014)

Talking Logistics

Next week, I’ll be speaking at the Ryder Innovate Forum in Chicago and the Elemica reveal 2014 conference in Frankfurt. DHL launches freight capacity management program in the light of rapidly increasing trade volumes. August 2014 Freight Transportation Services Index (TSI). Lowenthal calls for innovative approach for freight infrastructure funding (Logistics Management). Finally, the Freight Transportation Services Index (TSI) rose 0.6

10 Commandments of Inventory Management

Supply Chain Opz

Inventory management is one of the most important tasks for supply chain management professionals. However, most inventory control theories are too complicated or too difficult to apply to real world situations. Then, this article will show you 10 simple principles that you can use to streamline your inventory management practices right away. 3) Forecast at the right level Standard inventory management textbooks suggested that forecast be done at a product family level.

What’s new in the automotive supply chain? (Hint: Inventory Replenishment Policies)

The Network Effect

Today I want to explore how automobile suppliers are improving their operations via inventory replenishment policies. Effective inventory replenishment policies in use today include the 830/862 converted to a delivery release, KanBan, Min/Max, and Sequencing. Improved technologies now provide the ability to optimize truckloads simultaneously with inventory using pull policies. Typical measurements include inventory turns, truck utilization, and premium freight reduction.

This Week in Logistics News (September 29 – October 3, 2014)

Talking Logistics

Con-way Announces Enhancements to Driver Pay Package at Con-way Freight. North American Freight Numbers July 2014. Moving on to omnichannel fulfillment, Manhattan Associates introduced Available to Commerce™ , which gives retailers “the power to offer specific units of inventory available for sale in the most appropriate channel (online, store, same-day delivery, etc.) We had friends over for dinner last Friday, and the kids ran off to play hide-and-seek after eating.

Holiday Logistics: 5 Things Any Shipper Can do Now in the Warehouse or DC to Plan & Stay Competitive

Cerasis

2014 is coming to a close and as we herald in the New Year, shippers (manufacturers, retailers, and distribution centers) around the country are busy gearing up for the holiday season and have holiday logistics best practices on the brain. Additionally, freight in general and the crunch in capacity have picked up in 2014, as economic growth has created an increase in durable goods orders as well as consumer spending. Make your Inventory Omni-Channel.

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Steel Fabrication and General Manufacturing Tips and Tricks for 2015

Cerasis

Still in all most fabricators have seen steel sales rise and customer demands and inventory requirements increase over the past several years. By employing proper freight accounting , through freight payment, auditing, and consolidation services, within a TMS solution, a shipper can go from paying $11 per freight invoice, all the way down to only 5 to 10% of the $11, according to Inbound Logistics magazine.

5 Fundamental Practices to Make The Implementation of Warehouse Technology Pay off Big Time

Cerasis

Warehouse operations and their efficiency are a key to any company that deals with freight, shipping and inventories. Minimizing the steps in the process is a good way to ensure you have a more rapid movement through the warehouse and the freight process. This type of system will help manage the handling of inbound freight in real time, which will overall boost the performance and speed of the warehouse as well as requiring less involvement on your part.

Electronic Data Interchange or EDI in Transportation: Breaking Down What it is and How It Works

Cerasis

Then we will cover in subsequent posts what are the benefits of using EDI in transportation along with a transportation management system, we will debunk a few myths, and then we will end the series by highlighting how a shipper at Cerasis used EDI to reduce freight expenditures and resources. But there are many, many others such as bill of lading, customs documents, inventory documents, shipping status documents and payment documents.

4 Benefits Shippers Realize when Transportation EDI is Utilized in a TMS

Cerasis

Shortening the order processing and delivery times means that organizations can reduce their inventory levels. Twitter Facebook Google+ LinkedIn The post 4 Benefits Shippers Realize when Transportation EDI is Utilized in a TMS appeared first on Freight Logistics Company | Cerasis. According to a research study from Forrester, EDI continues to prove its worth as an electronic message data format.

Top 10 Reasons Why Santa Has The Best Supply Chain

Kinaxis

2 Air freight without the fuel costs. 10 No inventory issues. by Bill DuBois Since the Holiday season is upon us, what better way to celebrate than with a top 10 list, which I hope will put everyone in a festive mood! Here is the ‘Top 10 Reasons Why Santa Has the Best Supply Chain. #1 1 No ERP system, just a list. Now, he does do some risk assessment… using patented approved simulation. For example, what if Johnny is good this year? #2 And a big zero on the carbon footprint.

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Kewill Supply Chain Predictions 2014

BluJay Solutions

As 2013 begins to feel a long time ago and our own personal New Year’s resolutions begin to falter, here are a few key themes the Kewill team expects will feature prominently on the global supply chain agenda in 2014: Transportation costs will remain a key concern, with LSPs continuing to be faced with several challenges in terms of spiraling fuel prices, labor shortages and reduced inventories which will threaten to erode their already small margins.

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Lean Inventory: Using Lean Initiatives To Manage Inventory

Cerasis

What is Lean Inventory Management? More firms are implementing lean inventory management techniques to reduce costs, improve flexibility and have more time to focus on their customers. Lean supply chain and inventory management enable Small Medium Businesses (SMB) to improve efficiency and increase profits. What is Lean Inventory Management? Flow: Understand how inventory flows in your warehouse and apply Lean principle: 5S to clear any obstacles that do not add up.

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Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Reducing lead times from suppliers can help turn inventory faster, freeing up cash and ultimately satisfying customers. Risk pooling is considered the most important concept in supply chain management as it governs the tradeoffs in inventory management and leads to effective strategies such as push/pull and postponement. This increases flexibility and translates into less overall inventory since it is not in the wrong place.

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Supply Chain Consulting

LeanCor

A global life sciences company was challenged with high freight costs, high inventory levels and complex processes, delays due to over-processing, and overall lack of delivery consistency. The client would realize a reduction in lead time, inventory, and cost; as well as improve working capital, customer satisfaction, speed, quality, flexibility, and visibility. The client also needed to understand how its inventory strategy aligned with the network analysis.

Healthcare Logistics

LeanCor

Excessive purchase orders and unconsolidated freight created complexity and cost. Lack of ownership and visibility to much of the freight planning and spend on inbound material. The large number of distribution centers caused difficulty in providing good SKU coverage without creating inventory bloat. The ability for the client to take ownership of freight planning and spend hinged upon providing value to the supplier. Healthcare Logistics: A Network Design Case Study.

3 Things Your Transportation Management System May Lack

LeanCor

Equally important is connecting transportation to manufacturing and inventory strategy to drive lean supply chain operations. From designing routes to changing the way a business handles its freight auditing, a transportation management system can be a solution to many transportation problems.

CPFR or Demand-Driven replenishment for your supply chain? Choose wisely….

The Network Effect

Using this method means a price must be paid in lost sales along with excess and obsolete inventory. Today’s DDVN technologies now provide new opportunities to add value within the replenishment process such as by optimizing truckloads simultaneously with inventory using pull policies. Min/Max, a more flexible pull policy, provides a range of acceptable inventory levels the supplier must monitor and use to calculate their required shipment quantities. Tom Bullock (Flickr).

Supply Chain Management Case Study

LeanCor

Current metrics included: Inter-Plant (Inter-DC) Freight Costs. Inventory Cover and Costs (Including Overflow and External Warehouses). Continue minimizing total delivered costs (production, inventory, freight). Reduce lead times and inventories. Output measurements included several different cost points, inventory impacts, cross-shipment amounts, and lead-time impacts. Future metrics would now include: Inter-Plant (Inter-DC) Freight Costs.

All Signs Point to Mexico Playing a Greater Role in Supply Chains

Talking Logistics

The recently-published 2015 Third Party Logistics Study includes a special section on Mexico, and 40 percent of the study respondents said “they have already moved some of their operations to Mexico, citing reduced freight transportation time and closer proximity to sources as the most important factors as the primary drivers of the change.” They also saw inventory cost reductions of 12% compared to 9% globally and order fill rates move to 77% from 68%.

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Pharma companies will increasingly take cues from retail and consumer goods….why?

The Network Effect

Given today’s increasing cost pressures, overall inventories will have to become leaner and supply chains more efficient by changing to a pull or demand-driven approach with increased visibility.

4 Tips to Help Manage Your Supply Chain

LeanCor

For example, ill-conceived purchasing decisions today result in increased warehousing costs six months from now and inventory obsolescence two years from the original purchase. The main perplexing dynamic is a result of the less than obvious relationship between visible operations costs and inventory carrying costs. Typically most operational costs are explicit, whereas many inventory carrying costs are implicit. Logistics is a necessary function for all companies.

How Lean Warehousing Can Ease Your Carrier Capacity Pain

LeanCor

Just-in-time delivery – Cross-docking allows for just-in-time delivery of inventory to a customer’s manufacturing facilities without driving up transportation cost by way of postponement. Being able to reduce the inventory levels at the plant is a huge benefit from lean warehousing. The gains here in transportation savings come from being able to improve trailer cube on long-distance loads by using freight for different plants to improve the density.

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Why the West Coast Ports Labor Dispute Matters to Retailers

The Network Effect

So, while the West Coast situation may cause a minor up-tick in freight being routed to the Eastern Ports (Eastern freight is up from 38% in January to 41% in May, according to Hackett Associates), it won’t go a lot higher because the Eastern routes have been running near capacity for several months and are now basically full. Even when factoring in an economy that is healthier than a year ago, these numbers suggest retailers are pre-loading Holiday inventory.

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Supply Chain Case Study: the Executive's Guide

Supply Chain Opz

In order to compensate a long waiting time, Adidas uses air freight or courier service. Jobs believed that Apple'' supply chain was too complex then both of them reduced the number of product availability and created 4 products segment, reduced on hand inventory and moved the assembling activities to Asia so they could focus on developing the breathtaking products that people wanted to buy. The answer is that they use the multi-echelon inventory model to solve the problem.

A Case Study in Closed-Loop Operational Management

Talking Logistics

When you look at the potential benefits in inventory savings, freight savings, and on-time fulfillment improvements, it’s not that difficult to build the business case. Therefore, the manageable approach has been to aggregate SKUs into groups or categories, and to optimize orders, inventory, and transportation separately, with planners making manual adjustments afterwards to balance the outcomes.

Mexico Back in the Supply Chain Spotlight

Talking Logistics

We’ve seen, for example, instability in ocean freight, cost, and issues with [Los Angeles] ports in past years. economic recession made companies decrease inventories, which increased their need for speed to market and shorter cash-to-cash cycles. Watch the short clip below where he discusses three key challenges: imbalance of freight during peak season; the visibility black hole at the border; and the need to build in flexibility.

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Writing: Working on My Book

Supply Chain Shaman

The manuscript is due to Wiley on March 1st for an August 2014 publish date. I need it for my conference on September 10th-11th, 2014. I recently interviewed him for my upcoming book, Metrics that Matter, that publishes in August 2014. . “When I ask my team about customer service, I get high-five reviews. When I meet with my customers, I get thumbs-down feedback. I find the measurement of customer service to be one of the most difficult.”

Inbound Logistics

LeanCor

The lean logistics engineering process incorporates several complex factors including volume fluctuations, sourcing changes, and lead, window, and service times to determine transportation modes, sourcing locations, freight consolidation, trailer loads, route combinations, and freight sequences. Develop an inventory strategy based on pull. The goal is to have minimal raw-materials inventory at your facilities. Planning a Lean Inbound Logistics Strategy.

Dock Appointment Scheduling: Beyond Traffic Control

Talking Logistics

DAS provides critical data to allow forward deployment of product and cross-docking to accelerate the flow of goods reducing out of stocks and inventory at the same time. This retailer had also deployed a purchase order (PO) to dock door visibility solution to reduce inventory and gain a greater understanding of the flow of goods through the network. In this case, a large percentage of the inbound goods are delivered through supplier-managed freight.

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Emerging Options for Omni-Commerce Logistics Strategy

Supply Chain Network

To do this you need to ensure that at ALL locations where stock is held or displayed for retail sale, that ACCURATE and TIMELY inventory information is available. Fast forward to 2014 and now carbon is becoming more and more significant a variable in business planning and at the same time online consumers are becoming more and more demanding of rapid delivery. Thought is to leverage existing building assets, people and inventory to support the online business.

How Does Procurement Create Value? Insights from CPO Speakers at Zycus Horizons Conference

Supply Chain View from the Field

I was attending the Zycus Horizons 2014 conference at Amelia Island today, listening to speakers. Also more end to end KPI’s – our own inventory – but don’t have supply chain lead-times on end to end. I can see the light that will maybe be a freight train someday.

Emerging Options for Omni-Commerce Logistics Strategy

Supply Chain Network

To do this you need to ensure that at ALL locations where stock is held or displayed for retail sale, that ACCURATE and TIMELY inventory information is available. Fast forward to 2014 and now carbon is becoming more and more significant a variable in business planning and at the same time online consumers are becoming more and more demanding of rapid delivery. Thought is to leverage existing building assets, people and inventory to support the online business.

Solving Franklin’s Freight Dilemma: Cure or Prevent Disruptions?

Supply Chain @ MIT

This may be a great rule of thumb for life generally, but not necessarily for freight transportation. Is it more important to prevent disruptions from occurring by building robustness into a freight network (i.e. For example, they might maintain a safety stock of inventory to cover spikes in demand. The net effect is a more resilient freight transportation plan. Road to resilience.