SCMDOJO

AUGUST 4, 2023

Are you tired of dealing with excessive inventory levels that eat up your storage space, tie up your capital, and hinder your company’s growth? If so, then it’s time to consider the numerous benefits of reducing inventory. Inventories are designed to match customer(s) demand. The same applies to inventory reduction.

Inventory Reduction 90

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 90

GlobalTranz

APRIL 20, 2021

A resilient supply chain incorporates alternative sources, carriers, routes, and other characteristics so that it can flex in response to a situation. To build supply chain resiliency, leaders should consider these factors: Buffer inventory and shift away from JIT.? Your plan should address technology, processes, and people.

Supply Chain Planning Software 288

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Design Software Sourcing Strategies 288

BlueYonder

AUGUST 31, 2021

This blog is co-authored by Raj Patel, Senior Director Global Industry Strategy 3PL; Terence Leung, Senior Product Marketing Director; and Nina Seth, Product Marketing Director. Retailers and manufacturers now expect their 3PL partners to deliver better, faster and cheaper services while providing additional value-added services.

3PL 68

3PL Optimal Sourcing Trends Logistics Network Optimization Software 68

Logistics Viewpoints

MARCH 25, 2021

Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. Price fluctuations and sourcing issues.

Supply Chain Planning Software 309

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 309

ShipBob

JANUARY 28, 2022

Proper inventory management can make or break ecommerce brands: Have too much stock and you’ll rack up storage costs and tie up cash flow. That’s why it’s crucial to track inventory management KPIs consistently. . What are KPIs & why are they important for your inventory management? Inventory KPIs.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

ShipBob

JANUARY 15, 2024

If you don’t have enough inventory on hand you risk selling out. Too much, and you’ll be stuck with an inventory glut. An inventory glut occurs when a company has surplus inventory and the stock of products far exceeds its demand. What is inventory glut? Inventory glut affects businesses both large and small.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

Vinculum

JANUARY 19, 2021

The challenges of maintaining a strong value proposition as a 3PL service provider are quite formidable. 3PL warehouses must?embrace The fact that 70% of 3PL companies are still limited to using manual paper-based methods and basic tools like Excel to operate, underlines how much of a challenge technology adoption remains.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Network Software 98

GlobalTranz

AUGUST 11, 2021

Indicator 1: It’s Difficult to Track Your Inventory From Suppliers Through Final Mile. Inventory tracking and visibility must be present from the first mile through the final mile, reflecting the entire shipment lifecycle through white glove services. That’s where automation within 3PL-driven systems can add value.

Logistics Network Optimization Software 294

Logistics Network Optimization Software Transportation Supply Chain Software Supply Chain Planning Software 294

Supply Chain Game Changer

NOVEMBER 28, 2019

Third-party logistics (or 3PL) providers, are standing on the brink of breakout growth. The shipper ecosystem is burgeoning with more delivery orders, more inventory to be managed, more deliveries and more services than ever before. The global 3PL market, valued at $728.6B 3PLs and Logistics Operations – What’s Changed?

Logistics Network Optimization Software 83

Logistics Network Optimization Software 3PL Optimal Sourcing Supply Chain Planning Software 83

ShipBob

NOVEMBER 29, 2023

These physically unaccounted-for units of inventory called ghost inventory, or phantom inventory , are a more common challenge faced by retailers than you think. Often, the items accounted for in the asset register do not reconcile with what is in the inventory. What is ghost inventory?

Purchasing Skills 52

Purchasing Skills Inventory Inventory Management Software Forecasting Software 52

Vinculum

DECEMBER 9, 2020

There are few industries where a high-quality warehouse management system (WMS) is as vital as the 3PL (third party logistics) vacillate trade. What is a 3PL? A 3PL supplier offers services to maneuver merchandise through a supply chain on behalf of the stock owner. 5 Sensible reasons to use a 3PL warehouse service.

Supply Chain Planning Software 52

Supply Chain Planning Software 3PL Demand Planning Software Warehousing 52

The Logistics of Logistics

NOVEMBER 8, 2021

Matt is the Co-Founder and CEO of popcapacity , which is dedicated to simplifying the process for sourcing warehouse space. Matt and his partner, Derek Loftus started popcapacity in 2021 with the goal of delivering frictionless 3PL warehousing and fulfillment capacity by leveraging marketplace style technology and AI. Sustainability.

Warehousing 229

Warehousing Supply Chain Design Software Logistics Network Optimization Software Inventory Management Software 229

ShipBob

NOVEMBER 24, 2023

The root of many inventory management challenges lies in treating all stock equally—when in reality, each item should be assessed and segmented individually. This is where inventory segmentation can help. It’s a strategy that categorizes inventory based on factors like demand patterns, lead time, value, and more.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Sourcing Strategies Inventory Management Software 52

GlobalTranz

MAY 18, 2015

Recently, they started a series featuring MBAs in the supply chain space , and this post really stood out to us as Cerasis is a 3PL service provider focused on Transportation Management. . 4 questions to ask when determining if a 3PL Service Provider is right for your company. To avoid confusion, let’s call 3PL what it is: outsourcing.

3PL 120

3PL Logistics Network Optimization Software New Hampshire Company 120

ShipBob

JULY 18, 2022

As an ecommerce business, maintaining inventory is make or break for your brand. After all, having inventory on hand is important to keep operations running smoothly and to satisfy customers. But there are various considerations to keep in mind: Do I have enough inventory to meet demand? How can I overcome inventory loss?

Risk Management 52

Risk Management Inventory Reduction Inventory Management Software Inventory 52

TPSynergy

JANUARY 9, 2020

Inventory Visibility. Inventory is a key part of any business. Manufacturing, Distribution businesses depends on availability of correct inventory. Important feature of inventory is its visibility. ERP and Inventory Visibility. Inventory beyond ERP. 3PL stores inventory and ships on behalf of the customer.

Real-time Visibility 40

Real-time Visibility Inventory Supply Chain Planning Software Inventory Management Software 40

Kanban Logistics

APRIL 17, 2023

In this article, we’ll examine JIT in detail, explain how a 3PL can help you take advantage of it, and discuss how JIT is still relevant post-pandemic. These materials can be nuts, bolts, and packaging components as described above – or they can be custom kits that are pre-assembled by 3PL at a nearby location and delivered as needed.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Modeling Software Material Savings 52

Supply Chain Game Changer

JULY 30, 2020

Featuring Our 10 Best Inventory Management Articles! Inventory Shrinkage article and permission to publish here provided by Jake Rheude at redstagfulfillment.com. There are many terms for inventory shrinkage: warehouse shrinkage, product shrinkage, loss of product. The best way to explain inventory shrinkage is an example.

Inventory Reduction 70

Inventory Reduction Inventory Inventory Management Software Third Party Logistics 70

Stord

APRIL 11, 2022

The out-of-stock sticker shock we experienced in the past few years is forcing retailers to take a hard look at how they plan inventory. Why Has Inventory Been so Hard to Come By? Near the start of the pandemic, the inventory-to-sales ratio in the U.S. This approach would have an inventory-to-sales ratio of close to 1.0.

Inventory Reduction 78

Inventory Reduction Inventory Manufacturing Procurement Purchasing Skills 78

GlobalTranz

FEBRUARY 17, 2016

Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well. These are based on my 40 years working in operations at Schwinn and other companies as well as consulting many companies on how to select the best 3PL for my client's needs. A Focus on Inventory Control Begets Warehouse Cost Reductions.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

Supply Chain Movement

JUNE 29, 2015

14th Annual 3PL Summit – Europe. The 3PL Summit & Chief Supply Chain Officer Forum is Europe’s largest meeting of 3PL Providers and customers featuring the biggest industry thought leaders and hard-hitting sessions exploring new opportunities, technologies and markets in logistics. Datum: 14-16 October 2015.

Europe 60

Europe 3PL Modeling Logistics Network Optimization Software 60

Supply Chain Game Changer

NOVEMBER 14, 2018

Refurbishing services are only one of the many reasons a company would need to ship a product back to its source. 3PLs Make Return Logistics Easier. Just over 15 years ago, only 45% of Fortune 500 companies were using 3pls to manage their freight operations, a number that has doubled to 90% as of 2017.

Reverse Logistics 61

Reverse Logistics 3PL Logistics Network Optimization Software Sourcing Strategies 61

Logility

JUNE 28, 2022

Applying Starboard’s rich set of reference costs with Logility’s lane rates and time data structures, users have the ability to quickly analyze options in regions for which they have no prior data and locate the absolute best location for future plants, warehouses or 3PL locations.

Optimal Sourcing 252

Optimal Sourcing Network Optimization Software Logility Supply Chain Network Software 252

GlobalTranz

APRIL 13, 2021

There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. Don’t expect to plan for every disruption; instead, develop a strategy to overcome supply chain disruption, regardless of the source. Price fluctuations and sourcing issues. Trade disputes and tariffs.

Supply Chain Disruption 205

Supply Chain Disruption Supply Chain Planning Software Supply Chain Design Software Supply Chain Strategy 205

BlueYonder

JANUARY 29, 2024

Review the report to learn about the latest market trends and why Blue Yonder was recognized as a Representative Vendor.

Gartner 83

Gartner Optimal Sourcing Distribution Supply Chain Design Software 83

Vinculum

NOVEMBER 17, 2020

It is essential to accelerate a Warehouse Management System to run any 3PL business which are dealing with physical goods or items that are mostly transported to and from consumers. If your employees do not have an efficient tool to manage their inventory and warehouse, this is serious because your business is at stake.

Supply Chain Planning Software 98

Supply Chain Planning Software Inventory Management Software Modeling Software Warehousing 98

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

This data is combined with other sources to always know the location of the shipments and the condition of the cargo, facilitating rapid, real-time action if problems arise. One solution to this problem is centralized distribution and real-time inventory management. Cyber Security and Risk. Looking to the Future of Supply Chains.

Supply Chain Disruption 246

Supply Chain Disruption Optimal Sourcing Supply Chain Software Agile and Lean Supply Chain 246

GlobalTranz

FEBRUARY 2, 2015

Editor’s Note: Cerasis is a 3PL focused on transportation management. So why do we feature content related to Vendor Managed Inventory? In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Inventory is then put on pallets and shipped as freight. VMI is all about collaboration.

Vendor Strategies 120

Vendor Strategies Inventory Reduction Modeling Software Modeling 120

ShipBob

AUGUST 3, 2021

How to Choose a 3PL for Your Ecommerce Business. Some examples of how to meet customer demand and stay agile include: Storing inventory in several distribution centers. Inventory management. Discover how to find the best mutual fit for your business. Download the Guide. What is supply chain agility? Order fulfillment.

Agile and Lean Supply Chain 119

Agile and Lean Supply Chain Sourcing Strategies Inventory Reduction Material Savings 119

GlobalTranz

APRIL 6, 2021

Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. The demand caught off-guard those retailers and suppliers who relied on just-in-time inventory practices. Does any of that sound like the past two years or so? Changing consumer behavior.

Supply Chain Planning Software 189

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 189

BlueYonder

APRIL 4, 2023

In the current offering category, Blue Yonder received the highest scores possible in the criteria of enterprise inventory management, pre- and post-purchase experience, order orchestration rules, fulfillment automation, and scalability.

Procurement Analytics 78

Procurement Analytics Real-time Visibility Supply Chain Design Software Supply Chain Planning Software 78

BlueYonder

OCTOBER 6, 2023

Building strategic relationships, enhancing collaboration with logistics providers or 3PLs, and internalizing 3PL/4PL functions to gain more control over logistics operations are all strategies that contribute to supply chain resilience.

Waste Reduction 81

Waste Reduction Inventory Reduction Automotive Cost Reduction Strategies 81

DELMIA Quintiq

OCTOBER 28, 2014

With growing consumer expectations for faster delivery, shippers are expecting value-added logistics services from 3PL operators. This increases the urgency for 3PLs to leverage on the best market trends to increase logistics flexibility. There is certainly high potential for both 3PLs and manufacturers to become more efficient.

Supply Chain Planning Software 281

Supply Chain Planning Software Logistics Network Optimization Software Optimization Software Optimal Sourcing 281

Enterra Insights

JUNE 28, 2023

The third-party logistics (3PL) industry — those that help businesses efficiently manage logistics across their supply chains (from 3PLs to truckers to warehouse managers) — represents an $800 billion industry on its own.” ”[7] Even back then, food, spices, salt, and other goods had to be sourced and moved.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Supply Chain Planning Software Logistics Supply Chain Design Software 130

Supply Chain Shaman

APRIL 30, 2020

The companies are just not good at managing inventories and orchestrating distribution strategies. They are seldom cross-functional to optimize source, make, and deliver together. In this evolution, companies will quickly learn the pitfalls of multi-tier warehouse management and the latency with third-party logistics (3PL) signals.

Supply Chain Design Software 352

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Software 352

Unleashed

OCTOBER 30, 2023

It includes tasks such as managing inventory, packing and shipping customer orders, and processing returns. Procurement is the process of sourcing the suppliers and service providers that enable you to sell products. For a retailer, this can mean sourcing bulk goods directly from wholesalers or manufacturers.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Procurement Solutions Material Savings 52

ShipBob

DECEMBER 25, 2023

It can happen simply due to ineffective planning, risk management, warehouse use, or sourcing strategies. It’s a form of supply chain digitization that ensures every element, from sourcing raw material inventory to product delivery, is coordinated and managed through a centralized platform.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Inventory Management Software Supply Chain Software 52