Utilizing a 3PL to Apply Transportation Management Best Practices For E-Commerce

Cerasis

In the age of e-commerce, maintaining the status quo will result in failure, disgruntled customers and added expenses, but shippers that leverage 3PL resources to apply transportation management best practices for e-commerce , as listed below, can navigate the issues that arise in e-commerce and achieve sustained profitability. As a result, shippers must understand the transportation management challenges in e-commerce. Keep customers informed of available inventory.

Top 10 Supply Chain Innovations of 2018

Material Handling and Logistics

After a year full of more scandals, indictments, political contentiousness, workplace violence, school shootings and natural disasters, maybe it’s time we all took a collective breath and focused on some of the positives that came out of 2018. We hope you enjoy this salute to the best of 2018, and we look forward to even more innovations in 2019. Top 10 Supply Chain Innovations of 2014 : hybrid DCs, 3-D prototypes, location-based inventory system, and more.

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Supply Chain Predictions for 2018

Material Handling and Logistics

A look at the supply chain trends and technology that will come into play in 2018. These concerns will extend into 2018, as companies work on a regulatory standard – though nothing has emerged yet. Strong players in the market will emerge as platform providers to aggregate the IoT data and provide key insights into that data that drive better business decisions in 2018. Turney Thompson, vice president, Kenco Transportation Management.

These Advanced Supply Chain Technologies will Solidify the Digital Supply Chain in 2018

Cerasis

The type and capabilities of supply chain technology is expanding, and technology will only grow more important in effective supply chain management in 2018. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. According to Greg Kefer of Supply Chain Digital , blockchain technology will be another driving force in supply chain management throughout 2018.

Digital Inventory Management Key Battleground in Transformation of Brick-and-Mortar Retail

Cerasis

As e-commerce growth accelerates, shippers are working overtime to manage available inventory. It catalyzed brick-and-mortar retailers to offer online shopping opportunities, which require much more than manual inventory management practices. As a result, brick-and-mortar retail has become more focused on digital inventory management, a building block in the road to omnichannel supply chains , than in the past.

Lost Warehouse Inventory? What to Do and When to Write It Off

Cerasis

No one wants to think about lost warehouse inventory, and it can be organizationally frustrating to determine the best process to find, research, and rectify inventory discrepancies. One of the primary reasons a company implements a warehouse management system (WMS) is to know the exact location of their inventory; if the inventory is not there, one might think it is easy to just write that inventory off the books. Automate Inventory Control to Reduce Errors.

Retail Inventory Management Tips to Get The Most Out of Your Warehouse

Cerasis

The wrong retail inventory management strategy increases carrying costs and makes it impossible to stay competitive. Common obstacles encountered when it comes to effective inventory management include having poor visibility into fast-moving versus slow-moving product, extensive travel times between bin locations, and lost revenue due to poor labor productivity. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018.

Vendor-managed inventory and distribution planning in the food and beverage industry – here’s something to chew on

Kinaxis

Among the many supply chain initiatives taking place today, vendor-managed inventory (VMI) has become an increasingly effective process and business model to help organizations share risk and information between vendors and customers — while benefitting from lower stockouts, reduced uncertainty and lower costs. What is vendor-managed inventory? The benefits of the vendor-managed inventory process include: Enhanced visibility for vendor. Better transportation planning.

Three New Ways Retailers Can Improve Inventory Performance

ToolsGroup

By using data to stock items with higher forecasted demand, they can reallocate cash that would normally be tied up in poorly performing inventory, avoid margin erosion from markdowns and dead stock, and increase overall on-shelf availability metrics. Yet paradoxically retailers front-load inventory to the store, under the belief that goods must be on the shelf to sell. The challenge is that once it's forward-deployed, it's not always cost effective to re-position inventory.

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E-Commerce and TMS: The Role of Transportation Technology for Shippers to Kill It at E-Commerce

Cerasis

Transportation managers are spending upward of 80 percent of working hours just looking for available shipping capacity, reports Talking Logistics , reflecting a portion of companies that have not leveraged the power of a TMS. E-Commerce and TMS Are Key to Success The use of TMS in e-commerce allows shippers to leverage all modes of transportation, critical during peak shipping times and through the ongoing capacity crunch. E-Commerce Logistics Technology TMS Transportation

[PODCAST] Why Digital Tools to Optimize Inventory Management Allows Supply Chain Execs to Stay More Strategic at Every Link in the Supply Chain

Cerasis

On today’s episode, we welcome Margaret Bendis, US Marketing Specialist for a company called EazyStock a cloud-based software-as-a-solution (SaaS) that optimizes inventory management. How sound inventory management improves the supply chain, and what are the adverse impacts to the supply chain due to poor inventory management. What is the future of digitization as it relates to inventory management. Inventory Management Logistics Podcast Supply Chain

Blockchain in Supply Chain: 2 Ethereum-Based Projects That Demonstrate How Blockchain Can Improve Supply Chains

Cerasis

WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. It is designed to dramatically decrease the time required for any entity to convert assets, such as accounts receivable, real estate, inventory, equipment, and commodities into cash. Supply chains are messy. Blockchain in Supply Chain Can Help. A manufacturer in China doesn’t read the specs on an order. A supplier in Mexico mixes up two similar parts.

Supply Chain Logistics in 2018: How They Keep the Lights on in Las Vegas

Cerasis

Others include water, food, transportations and so on. The Top Logistics Trends that Will Impact Logistics Management in 2018. This includes inventory, maintenance schedules, individual gambling tables, staff effectiveness and so on. The post Supply Chain Logistics in 2018: How They Keep the Lights on in Las Vegas appeared first on Transportation Management Company | Cerasis.

Top 25 Supply Chains of 2018

Material Handling and Logistics

Our look at the Top 25 (plus 4) Supply Chains of 2018 examines how the best companies in the world excel at managing their global supply chains. So in 2018, McDonald’s joins Apple, Procter & Gamble and Amazon on a separate “Masters” list, as one of the “best-of-the-best.”. Department of Transportation to ban the product from air transportation.

E-Commerce Continues to Add Focus on Omnichannel Supply Chain Strategies: Projections for 2018 Demand Continuous Improvement

Cerasis

As 2018 progresses, Warehouse Managers need to understand the risk of not going omnichannel, why demand is increasing, and a few tips to meet such demands. Demand for E-Commerce and Integration of Supply Chains Will Continue to Dominate 2018 As explained by Derek O’Carroll of Multichannel Merchant , some driving forces behind the demand for omnichannel supply chains include: The creation of social storefronts.

Show Me the Money: MH&L’s 2018 Salary Survey

Material Handling and Logistics

corporate/executive manager with a transportation/warehousing company with 36-40 years of experience, living in the North Central region and earning $137,000. “My inventory/materials manager with a food & beverage manufacturer with 26-30 years of experience, living in the Middle Atlantic region and earning $107,000. As the results of the MH&L 2018 Salary Survey indicate, the size of the paycheck has become almost as important. “If

This Week in Logistics News (October 8-12, 2018)

Talking Logistics

I have to go to the grocery store again today to replenish our inventory (yeah, I don’t shop for groceries online; as the son of a bodegero, I’m old fashioned that way.). So, while I count the days and hours and minutes until she gets back, here’s the supply chain and logistics news that caught my attention this week: American Logistics Aid Network (ALAN) Activates For Latest Major Hurricane Of 2018.

Top Talking Logistics Videos and Posts in 2018

Talking Logistics

As 2018 comes to an end, a quick thank you to all of our readers, followers, and sponsors for another great year of learning and conversation on Talking Logistics. The numbers speak for themselves: 49 episodes produced in 2018, totaling more than 1,200 minutes of conversations with thought leaders and newsmakers in the supply chain and logistics industry. Top 10 Talking Logistics Posts in 2018. 2018 Parcel Oversize Changes: Tightening of the Vise.

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This Week in Logistics News (May 14-18, 2018)

Talking Logistics

I’ve been on the road the past three weeks attending various supply chain chain and logistics conferences, and while the discussions inside the hotel ballrooms have focused on industry trends like blockchain and the state of the transportation market, the discussions outside — which I was completely oblivious to until this morning when I drove my kids to school — have been centered on a single question: Yanny or Laurel ?

This Week in Logistics News (September 3-7, 2018)

Talking Logistics

Here I am doing my standard Talking Logistics intro through one of my favorite filters: How awesome would it be to discuss blockchain or the capacity crunch in transportation using this filter for an entire episode? Lanehub Adds Backhaul Assist to Collaborative Transportation Network. Walmart’s aim to reduce shipping costs means suppliers have to ship inventory to more locations, which adds cost and complexity to their operations. I joined Snapchat this week.

This Week in Logistics News (May 7-11, 2018)

Talking Logistics

Kuebix Surpasses 10,000 Companies Using Its Transportation Management System (TMS). to further explore concepts and technologies related to urban air mobility (UAM) to ensure a safe and efficient system for future air transportation in populated areas.” Rail, One of the Transportation Granddaddies, Still Relevant. The key takeaway here is that companies need to take a holistic and integrated approach to how they procure, plan, and execute their transportation operations.

Why Blockchain Within The Supply Chain Makes Perfect Sense

Cerasis

WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. This newfound visibility allows participants in a supply chain to proactively optimize components of their processes (like inventory management, staffing decisions, and a thousand more) to support an efficient and agile product path. Outcomes: improved inventory management; More accurate determination of re-order points; Better on-shelf availability.

Don’t Take a Holiday from Inventory Management

Talking Logistics

The Importance of Inventory Management. When it comes to inventory management, new trends are demonstrating that less is more. Having less inventory on-hand increases liquidation, allowing for a more agile response to shifting consumer trends. Companies that have too much inventory on-hand right now are struggling to clear out space ahead of the season, slashing prices and concerning stakeholders as profit margins creep downward.

Navigating Ongoing International Transportation Capacity Challenges

Talking Logistics

International transportation is dealing with ongoing challenges of tighter capacity. From import space and export space tightening up and a hot drayage market causing capacity constraints to volatile air freight rates – international transportation has had its share of challenges the last 10-12 months. Import space out of Asia to the US continues to be tight, and thanks to positive retail sales, retailers are having to quickly restock to ensure they have enough inventory.

[PODCAST] The Current State of Warehouse Management Systems & Their Role in Creating a More Effective Supply Chain

Cerasis

How To Shift From Tactical To Strategic Logistics and Transportation Management To Create A Competitive Advantage. The post [PODCAST] The Current State of Warehouse Management Systems & Their Role in Creating a More Effective Supply Chain appeared first on Transportation Management Company | Cerasis. Inventory Management Omnichannel Podcast Supply Chain Warehouse State of Warehouse Management Systems

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Travel Time Is Key to Lowering Labor Costs in Your Distribution Center

Cerasis

Like transportation management for shipped product, effective labor management and lean processes in the warehouse are key to lowering labor costs in your distribution center. Using manual picking and transportation devices, like carts, in the warehouse will result in less efficiency for workers, increasing costs per order. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018.

7 Core Competencies for Optimizing Global Transportation and Freight Spend

3rdwave

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. While global freight cost varies significantly by industry and transportation mode, it is a major cost component of internationally sourced products. Best-in-class global transportation is based on command and control competencies that create flexible and resilient transportation capabilities.

The Indispensable Role of WMS in Reverse Logistics

Cerasis

WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Such practices will ensure accurate inventory and avoid instances of overstocking resulting from returns. Ranging from a WMS with reverse logistics to the transportation management system , an integrated system increases visibility and ensures just-in-time stock. The post The Indispensable Role of WMS in Reverse Logistics appeared first on Transportation Management Company | Cerasis.

The Top 5 Challenges of Warehouse Management

Cerasis

WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Disparate systems mean disparate visibility into inventory, but bringing systems together enhances productivity and reduces the need to manage multiple sites through multiple systems. The post The Top 5 Challenges of Warehouse Management appeared first on Transportation Management Company | Cerasis.

What Does IoT Mean for Inventory Management?

Unleashed

The dawn of the Internet of Things (IoT) is upon us and it is set to revolutionise many industries including inventory management. However, before we can understand how inventory management will be affected by IoT and how we can optimise this, we must first understand what exactly it is. So, what does this mean for inventory management and supply chains? The effect of IoT on inventory management software. The post What Does IoT Mean for Inventory Management?

Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

Over the last six years, we studied the connection between business results (growth, operating margin, inventory turns and Return on Invested Capital (ROIC)) and the link to company characteristics. We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups.

WMS and eCommerce: How to Use Supply Chain Technology to a Competitive Advantage

Cerasis

Lower inventory carrying costs. Leveraging technology to track brick-and-mortar and eCommerce inventory both as independent channels and as a single unit. Consider using new carriers or processes, including using an advanced transportation management system (TMS) for transportation needs. The post WMS and eCommerce: How to Use Supply Chain Technology to a Competitive Advantage appeared first on Transportation Management Company | Cerasis.

The Invaluable Role of a TMS in Managing Full Truckload Shipments

Cerasis

The Freight & Transportation Management Trends to Know in 2018. Essentially, frequent putting is indicative of shippers constantly shopping around for the lowest cost deal, and since the carrier is less likely to secure the actual transaction and transport such items, carriers will charge more. Twitter Facebook Google+ LinkedIn The post The Invaluable Role of a TMS in Managing Full Truckload Shipments appeared first on Transportation Management Company | Cerasis.

What Exactly Is Omnichannel 2.0 and How Is It Different?

Cerasis

WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Improved inventory management, reducing instances of overstocking and under stocking. appeared first on Transportation Management Company | Cerasis. Omnichannel is a term frequently used in today’s modern supply chain management. Omnichannel capability is associated with getting product to the customer in any possible fashion, that is convenient for the customer.

5 Ways an Omnichannel Supply Chain Strategy Can Improve Customer Experience

Cerasis

WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. The best way for Warehouse Managers to approach inventory management lies in knowing when customers will order product, what they will order, and how quickly they want it. Defining these variables in inventory forecasting builds personalized experiences, meeting customers’ primary needs. Real-time visibility into inventory helps prevent abandoned purchases and streamline shopping.