6 River Systems

DECEMBER 13, 2019

Optimizing your warehouse means examining every corner of your infrastructure and every facet of your workflows and processes to identify and correct inefficiencies. Not only does warehouse optimization result in a healthier bottom line, but it also improves key warehouse metrics like accurate orders and on-time delivery.

Optimal Sourcing 81

Optimal Sourcing Optimization Software Price Mitigation Strategies Modeling 81

6 River Systems

JULY 30, 2020

Managing warehouse inventory, on its face, seems a simple concept: Keep enough stock on hand to fulfill orders, but not so much stock that your warehouse is filled to the brim with inventory that won’t move for months (or years). Is demand likely to increase, decrease or remain the same over the coming weeks and months?

Inventory Management Software 101

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 101

ShipBob

DECEMBER 3, 2021

While this position goes by several other job titles (such as “Logistics Director”, “Head of Logistics”, and “Director of Supply Chain”), its basic purpose is always the same: to manage every step in the supply chain, including procurement , production, inventory management , fulfillment, and shipping. Inventory and warehouse management.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Supply Chain Planning Software Optimal Sourcing 52

6 River Systems

DECEMBER 5, 2019

The efficiency of order fulfillment from warehouses has become an important focus in logistics management as customers demand quicker deliveries. Warehouse order picking is an important factor in efficient order fulfillment. For example, one 3PL doubled its pick rates and improved picking accuracy to 99.9%

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Strategies Resource Reduction 52

GlobalTranz

SEPTEMBER 14, 2016

Use External Benchmarking Tools. Many suppliers and manufacturers may have existing, internal analytics tools, but using these tools for benchmarking processes may be ill-fated. This is comparable to the Holy Trinity of Manufacturing and Shipping discussed earlier this year in previous blog posts.

Material Savings 120

Material Savings Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software 120

GlobalTranz

JULY 13, 2015

Additionally, the use of metrics fosters positive relationships with coworkers and adherence to rulesets and best practices for the respective third-party logistics provider (3PL). On-Time Shipping. This involves monitoring for the late departure of shipping containers as well as premature completion of a specific freight loading time.

Procurement Analytics 120

Procurement Analytics Metrics Distribution Inventory Reduction 120

ShipBob

APRIL 13, 2021

Shipping & logistics KPIs. It can be hard to achieve this if you don’t have specific goals in place for sales, marketing, customer service, shipping, and other parts of your business. Shipping fees. Table of Contents. What are ecommerce KPIs? Why ecommerce performance metrics are important. Sales KPIs. Marketing KPIs.

Procurement Analytics 95

Procurement Analytics Logistics Network Optimization Software Analytics Software Optimization Software 95

GlobalTranz

APRIL 13, 2015

Does the system support all modes of shipping within your operation? If your biggest pain point in transportation management is in LTL freight shipping, our TMS system is perfect. EDI enabled standard format of information exchange builds a benchmark for superiority. Integrated warehouse management system. Integrated EDI.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Optimization Software Analytics Software 120

Talking Logistics

FEBRUARY 13, 2015

Bigger Container Ships Pose Bigger Risks (WSJ – sub. Chainalytics Introduces FMIQ Monthly Benchmarking Index. With more than 30 cargo ships anchored offshore, countless supply chains scrambling, and the prospect of a $2 billion per day hit on the U.S. Kinsey added that human error is a factor in most shipping accidents.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Logistics Supply Chain Planning Software Modeling Software 100

Zipline Logistics

JUNE 30, 2020

These are a la carte, or per service, and outside of standard shipping and receiving. Account-Specific Pricing — Customer-specific pricing, or account-specific pricing , refers to an agreement between a vendor moving product and a carrier or 3PL that establishes custom prices. Consignor — The originator of shipped products.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Strategy 52

Vinculum

JANUARY 11, 2021

According to the 2020 Third-Party Logistics Industry Benchmark Report by 3PL Central, 39% of 3PLs have already implemented mobile barcode scanning and 31% of the warehouses plan on adopting it in 2021. A great way to improve warehouse productivity is to share this power of real time information to the client.

Inventory Reduction 52

Inventory Reduction Warehousing Inventory Inventory Management Software 52

6 River Systems

DECEMBER 11, 2018

. “As for your internal systems, real-time inventory management helps you manage your fulfillment warehouses. After all, one of the more difficult aspects of managing warehouses is what to do with excess inventory, so you need to reduce it as much as possible.”

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

Intelligent Audit

FEBRUARY 3, 2022

Freight bill auditing service providers help shippers determine the cost of shipping services and what to pay for those services. . Get better deals on shipping rates. Freight auditing consultants help businesses get the best freight rates and make sure they are not overcharged for shipping services.

Freight 52

Freight Material Savings Resource Reduction Cost Reduction Strategies 52

FLEXE

FEBRUARY 27, 2018

From a logistics standpoint, you can gain a lot of momentum by teaming up with technology providers that reduce traditional costs of warehousing and moving goods from point A to your customers’ doorsteps. Responsiveness only happens with fast-paced, nimble shipping solutions. Contract with a 3PL to establish new fulfillment centers.

Retail 28

Retail Expense Reduction Price Reduction Cost Reduction Strategies 28

Logistics Bureau

AUGUST 10, 2017

If so, you’ll need to consider whether you will pass the costs of high-speed delivery on to the customer as shipping charges or absorb them in the retail price of your products. With that in mind then, will you work with 3PL companies to get your products delivered? But what if fleet ownership isn’t practical?

Supply Chain Planning Software 44

Supply Chain Planning Software Cost Reduction Strategies Inventory Reduction Price Reduction 44

ShipBob

JULY 9, 2021

How to Choose a 3PL for Your Ecommerce Business. Common types of qualitative data include surveys and interviews, industry benchmarks, competitive analysis, and more. . In this article, you will learn the importance of supply chain forecasting and the most common qualitative and quantitative forecasting methods used in ecommerce. .

Forecasting 98

Forecasting Forecasting Software Supply Chain Planning Software Supply Chain Software 98

ShipBob

FEBRUARY 17, 2023

Take Rainbow OPTX, an online sunglasses seller: By working with their third-party logistics ( 3PL ) provider, ShipBob, to expand their 2-day shipping window to all customers, the brand experienced a drastic increase in how much their customers were willing to spend. First, let’s dive into exactly what AOV is.

Price Reduction 105

Price Reduction Cost Reduction Strategies Inventory Reduction Expense Reduction 105

Logistics Bureau

JULY 12, 2017

Inevitably though, a company’s shipping needs change over time and a carrier that once was able to serve those needs adequately, may no longer be able to do so. Relocation of network nodes (distribution centres, warehouses, cross-dock locations). Mergers or acquisitions. Introduction of new products or services.

Negotiating Skills 40

Negotiating Skills Freight Logistics Network Optimization Software Purchasing Skills 40

Logistics Bureau

OCTOBER 31, 2016

You want to know that you have received exactly what was ordered, both in terms of quality and quantity, and that damaged or otherwise defective goods and materials never make it into your warehouse inventory. Inventory Management in the Warehouse. Warehouse Layout. Don’t fall into that trap.

Supply Chain Design Software 40

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Supply Chain Strategy 40