Talking Logistics

DECEMBER 16, 2015

Well, my big audacious prediction for 2015 did not come true. Google did not acquire a third-party logistics (3PL) company or a logistics software vendor. But some of my other predictions did hit the mark or came close. Making supply chain and logistics predictions is like throwing darts at a moving target.

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Unleashed

JUNE 23, 2021

It’s seen businesses adapting rapidly, with technology playing a key role in giving managers the flexibility and efficiency to thrive. Cloud technology accelerates. Inventory analytics goes mainstream. Cloud technology accelerates. The benefits of cloud technology for inventory management. Inventory forecasting.

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ShipBob

FEBRUARY 6, 2023

To make this happen, businesses need to take advantage of technology solutions that allow them to seamlessly share data, communicate, and execute different warehousing tasks. Fortunately, the latest advancements in warehouse technology have made the job easier for ecommerce businesses. What is warehouse technology?

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ShipBob

NOVEMBER 15, 2021

In this article, we will discuss what logistics planning is, why it’s important for ecommerce, tips on how to optimize your logistics plan, and how a 3PL like ShipBob can help facilitate business growth by handling all internal and external logistics processes. Well-planned logistics systems are streamlined logistics systems.

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Unleashed

APRIL 12, 2023

Conversely, B2C order fulfillment offers rapid, low-cost, and often free, shipping. B2B procurement contracts can last for prolonged periods and be worth millions of dollars. B2C may result in a one-time only purchase by a customer compared to long-standing orders for B2B fulfillment.

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Locus Robotics

MARCH 9, 2023

Manufacturers can start by identifying which supply chain processes can be enhanced by automation, researching AI and software tools to find the best fit for their use cases, and developing a digital transformation plan that keeps them on track to keep up with the future of manufacturing.

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ShipBob

JUNE 29, 2022

You need tools and technology solutions working together in order to receive payments, process orders, and send them to the fulfillment queue. In this post, we’ll take a closer look at what ecommerce enablement is, how to get started, and what software and tools you can use. Purchase a domain. Let’s find out.

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ShipBob

OCTOBER 24, 2022

Demand forecasting is the process of using predictive analysis of historical data to estimate and predict customers’ future demand for a product or service. Demand forecasting allows businesses to optimize inventory by predicting future sales. At its core, it predicts what, how much, and when customers will purchase.

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ShipBob

JANUARY 28, 2022

In this article, we break down what inventory KPIs entail, why they matter, and which metrics are most valuable for you to track. . Key performance indicators (KPIs) are the quantifiable metrics companies use to gauge their progress toward a specific goal. . Not sure what those metrics are? Cost per unit. Backorder rate.

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Talking Logistics

MAY 27, 2015

The company invested $125 million in R&D last year, a level it plans to sustain moving forward, and about 10 percent of that investment is going toward JDA Labs , which is focused on cloud, mobile, machine learning, predictive analytics, wearables, and other customer-guided projects. The value of IT is in how you use it.

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ShipBob

JANUARY 15, 2024

In this guide, we’ll explore the main causes of inventory glut, innovative strategies to tackle it, and how working with a 3PL can help reduce inventory risk. In fact, according to a report , two-thirds of retailers had excess inventory during the 2023 holiday season last year. What is inventory glut? What causes inventory glut?

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GlobalTranz

APRIL 5, 2016

Although 3PL Logistics Companies or 3PLs were around before the recession, companies realized the short-term savings of outsourcing logistics, transportation, and freight management to 3PLs quickly, and the age of the rise of the logistics provider was born. Client Needs of 3PL Logistics Companies.

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Unleashed

OCTOBER 30, 2023

Ecommerce consumers want fast, accurate deliveries and a transparent purchasing process. In this guide, we break down the WooCommerce order fulfilment process and how it works, with actionable tips for optimising your fulfilment strategy to bring costs down and boost productivity.

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GlobalTranz

AUGUST 18, 2015

With an ever-increasing pool of third-party logistics (3PL) providers to outsource shipping needs to, understanding how to select the best 3PL is the difference between reaching your existing customers and gaining a new market share. Fortunately, selecting a 3PL for 2015 and beyond can be broken down into six specific questions.

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Unleashed

OCTOBER 20, 2021

From inventory tracking and safety stock levels to assembly, purchasing and shipping, getting inventory management right will increase your chances of success. With a whole ton of recent innovation in cloud computing solutions, even businesses with very limited capital can have access to cutting-edge software for a monthly subscription.

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Supply Chain Matters

JUNE 23, 2023

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 34th Annual State of Logistics Report to organization members and the industry as a whole. Background As our readership is likely aware, this report provides a snapshot of the U.S.

Procurement Analytics 40

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Supply Chain Shaman

JUNE 16, 2014

Despite two decades of advancement in supply chain technologies, companies are struggling to gain balance at the intersection of operating margin, inventory turns and case fulfillment. I believed that the first generation of supply chain systems would improve operations to a greater degree than actually happened. I am sorry.

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6 River Systems

AUGUST 19, 2020

Since every business is connected with technologies like ERP software, it is easier to implement such solutions and have the complete supply chain adapt readily to demand shifts. Leverage big bata, analytics and optimization Supply chains were driven by numbers and statistics for a long time.

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ShipBob

SEPTEMBER 29, 2021

Which means, a retail logistics operation often requires both labor and supply chain technology — which can increase logistics costs significantly. In many cases, DTC brands will outsource retail logistics to a third-party to save on time and costs. Procuring inventory. COVID’s impact on retail logistics.

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Locus

JUNE 16, 2023

Say you purchase your coveted gadget online, eagerly tracking its journey from warehouse to your welcoming hands. Customer satisfaction and keeping costs in check rests on optimal last-mile delivery operations. In 2021, a wide range of major product categories saw online purchase returns, with rates varying from 8% to 88%.

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ModusLink Corporation

NOVEMBER 23, 2022

Managing cloud-based e-commerce platforms and global shipping logistics is a vital part of the process of overcoming cross-border challenges for online retailers. A new report from the industry association E-commerce Europe found that there was a 15% growth in 2016 and the industry is predicted to be worth €602 billion by the end of 2017.

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Supply Chain Shaman

DECEMBER 23, 2014

Select your technology partners based on reliability and flexibility for ecommerce capabilities and aggressively build a multi-tier available-to-promise (ATP) signal to enable drop shipments and merge in transit capabilities. The proliferation of the business models is exciting. No matter where inventory is, put it to work.

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ShipBob

OCTOBER 4, 2023

However, good inventory management also requires strategic inventory reduction instead of simply procuring more goods. You’ll also learn some effective strategies on how to reduce inventory levels to save costs. This helps businesses to get more out of their procurement budget and increase their profits.

Inventory Reduction 52

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ShipBob

NOVEMBER 29, 2023

And two days ago a few units were reported stolen. Ultimately, it results in struggles with business spending, purchasing, and productivity. To ensure regular and thorough inventory management, a third party logistics ( 3PL ) provider like ShipBob can really help. The stock list says that you have 100 units of an SKU.

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6 River Systems

DECEMBER 23, 2019

Technology is quickly transforming the world around us, impacting everything from the way we communicate to how we operate our businesses. Not only are products closer to end consumers, but there are fewer costs such as extra taxes, tariffs and other fees commonplace with overseas shipping. Why is technology important for warehouses?

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Unleashed

JULY 25, 2023

It’s a vital inventory accounting metric for monitoring sales and managing perishable goods – without it, your business will struggle to operate efficiently and could start losing money fast. Inventory turnover period The inventory turnover period is the time taken from when you purchase inventory until the time those goods are sold.

Inventory Reduction 52

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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. HighJump Software Announces New Latin American Partnership.

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Talking Logistics

DECEMBER 16, 2016

This is not only true for financial investments, but also for supply chain and logistics predictions. Like I said last year, making supply chain and logistics predictions is like throwing darts at a moving target: sometimes you get lucky and hit the mark; other times you miss the bullseye by a mile. Photo By: MAJ Aaron Haney.

Predictive Analytics Software 50

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ShipBob

NOVEMBER 6, 2023

Using an inventory management software can help you keep track of inventory during physical inventory counts. Analytical procedures Doing analytical procedures during inventory audits involves comparing gross margins, inventory turnover ratio , and/or unit costs of inventory with previous years.

Inventory Reduction 52

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Talking Logistics

JULY 22, 2015

One of my supply chain and logistics predictions for 2015 was that 3PLs and software vendors would focus more on acquiring small and midsized business (SMB) clients this year. Transportation management system (TMS) vendors have been in that race for some time, and earlier this week, C.H.

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ShipBob

SEPTEMBER 20, 2021

The process involves complex steps, from procurement, to shipping products to end users, often resulting in a lack of visibility and high operational costs. In this post, we take a look at how you can improve your end-to-end supply chain operations and create a seamless workflow to enhance visibility and reduce operational costs.

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ShipBob

NOVEMBER 24, 2023

Inventory segmentation ensures that each product is placed and managed according to specific metrics, creating a streamlined path from shelf to shipment. However, embracing inventory tools like ABC analysis can transform how you manage your stock, allocate your resources, and satisfy your customers.

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6 River Systems

JULY 25, 2019

New technology aims to make the supply chain more efficient, yet investing in the wrong technology further complicates productivity while hindering profitability. Sebastian Jungels @seb_jungels Sebastian is a co-founder at KAPUA , an enterprise SaaS provider, where he helps companies to improve their forecasting accuracy and speed.

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Logistics Bureau

SEPTEMBER 21, 2020

SUMMARY: For most people, the shared economy is best illustrated by the Uber and AirBnB concept of crowdsourcing and convenience services based on digital platforms. The World Economic Forum estimates that by 2025, 15 percent of trucking will be via shared transport platforms and shared warehousing will comprise 20 percent of the market.

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Locus

OCTOBER 5, 2021

Today, businesses are at the cusp of new changes in the supply chain that includes evolving customer expectations, omnichannel purchasing, and the shipping of unpredictable volumes. With the supply chains of all businesses going through a transformational shift, it is important for them to make tough decisions concerning logistics models.

Modeling 52

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Logility

SEPTEMBER 16, 2022

Why do we build logistics models? But I ask it because modeling often takes a detour into the land of debilitating detail. And by debilitating, I mean an enormous analytical time sink — think months. I am often asking clients whether they wish to: A) Model the precise general ledger costs for logistics?

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GlobalTranz

JULY 12, 2016

This is solved through best practices, efficient and proven strategy, proper measurement of your tools and people, and the use of effective technology which doesn't add bloat, but is an enablement tool to provide a tangible Return on Investment in the way of reduced time and costs. . Technology. Operations.

Material Savings 120

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