Supply Chain Game Changer

NOVEMBER 11, 2020

Outdated systems are not just those that were implemented back in the 1980s. For instance, reduced application of data may lead to over-ordering or under-ordering inventory, failure to hire enough seasonal workers, an inability to secure available shipping capacity, and more. Benchmark systems to learn their maximum throughput.

Inventory Reduction 84

Inventory Reduction Supply Chain Strategy Price Mitigation Strategies Strategy 84

ThroughPut

FEBRUARY 3, 2023

In today’s market, retailers face immense challenges across the entire length of their supply chains, ranging from rapidly fluctuating customer preferences and demand patterns to supply uncertainties, extended lead times, and constantly increasing customer expectations. Here are five key factors to keep in mind.

Supply Chain Planning Software 52

Supply Chain Planning Software Demand Planning Software Inventory Reduction Supply and Demand 52

The Logistics & Supply Chain Management Society

JULY 14, 2021

the system itself), that assigns another driver, and do it in near real time. Disconnected algorithms won’t work, because you lose visibility, and then to compensate, you need armies of planners and inventory buffers. extra inventory. Logistics Supply Chain. As we know, technology really isn’t what it’s all about.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Network Software Optimization Software Network Optimization 130

Locus

OCTOBER 25, 2023

In the competitive world of e-commerce and supply chain management, ensuring timely and efficient product deliveries can be the difference between a repeat customer and a missed opportunity. Missed the real-time buzz? Insights are just a click away! Just a few minutes and you can evaluate the health of your last-mile delivery!

Optimization Software 52

Optimization Software Analytics Software Inventory Management Software Demand Planning Software 52

ThroughPut

DECEMBER 6, 2023

Businesses can access historical data, market trends, and other external factors and, by plugging in predictive analytics, gain invaluable insights that streamline inventory management, demand forecasting, transportation planning, risk mitigation, and overall decision-making processes. Supply chains used to live in the past. Not anymore.

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

Talking Logistics

SEPTEMBER 6, 2016

“The people” is defined as a team of logistics experts collaborating together to provide customers supply chain value on a daily basis — saving time and resources internally. These are just a few areas to be considered; there are a lot of efficiency solutions the TMS data can produce. Supply Chain Optimization.

Optimal Sourcing 100

Optimal Sourcing Logistics Network Optimization Software Transportation Cost Reduction Strategies 100

New Horizon Supply Chain Blog

AUGUST 30, 2023

For example, fulfillment metrics such as on-time in-full and out of stocks have an intuitive meaning, because we are all shoppers and understand the disappointment customers feel if they can’t get an item they want. Inventory metrics are less intuitive, but ever since U.S. Inventory metrics are less intuitive, but ever since U.S.

Forecasting 52

Forecasting Supply and Demand Material Savings Inventory Reduction 52

Freightos

MARCH 23, 2023

What just happened??? As volumes and congestion have eased though, Sea Intelligence data shows that reliability is improving (though with about 50% of ships arriving on time, things are still not great compared the 80% pre-pandemic norm) and utilization levels are back to pre-pandemic levels which in turn are driving the decrease in rates.

Price Reduction 156

Price Reduction Industrial Industry Inventory Reduction 156

GlobalTranz

JULY 26, 2017

Standards in TMS Capacity and Profitability Have Evolved. Standard TMS capacity is changing. Timely and accurate shipments. More customers want to receive the right package, the first time and faster than ever before. Shippers Must Weigh In-House Versus Off-the-Shelf Shipping Technology Solutions. New regulations.

Analytics Software 122

Analytics Software Supply Chain Design Software Demand Planning Software Logistics Network Optimization Software 122

Veridian Solutions

DECEMBER 2, 2019

Outdated systems are not just those that were implemented back in the 1980s. For instance, reduced application of data may lead to over-ordering or under-ordering inventory, failure to hire enough seasonal workers, an inability to secure available shipping capacity, and more. Benchmark systems to learn their maximum throughput.

Inventory Reduction 45

Inventory Reduction Supply Chain Strategy Price Mitigation Strategies Strategy 45

Logility

DECEMBER 4, 2013

Is Demand Planning just a stepping stone? According to the report, Demand Planner Benchmark – Survey 2013: Current Practices and Results, more than half of companies in North America and Europe (52%) view demand planning as “just a stepping stone to other roles in supply chain or finance.”

Supply and Demand 102

Supply and Demand Demand Planning Supply Chain Planning Survey 102

Logility

DECEMBER 4, 2013

Is Demand Planning just a stepping stone? According to the report, Demand Planner Benchmark – Survey 2013: Current Practices and Results, more than half of companies in North America and Europe (52%) view demand planning as “just a stepping stone to other roles in supply chain or finance.”

Supply and Demand 100

Supply and Demand Demand Planning Supply Chain Planning Survey 100

Freightos

JULY 11, 2023

This rate is 82% lower than the same time last year. Combined with still-elevated inventories for many retailers, these estimates also imply expectations for resilient consumer spending through the holiday season. Judah Levine July 11, 2023 Unbox your Freight knowledge. Federal mediators are now also involved in negotiations.

Negotiating Skills 156

Negotiating Skills Asia Europe Canada 156

Supply Chain Matters

AUGUST 11, 2022

One of the benchmarks we referenced as part of our prediction was The World Container Index , a measure of container shipping rates among eight major global transshipment lanes, which is published by Drewry Shipping Consultants. Mid-Year Global Transportation Assessment.

Predictive Analytics Software 52

Predictive Analytics Software Supply Chain Planning Software Cost Reduction Strategies Supply Chain Strategy 52

New Horizon Supply Chain Blog

JULY 15, 2022

For example, fulfillment metrics such as on-time in-full and out of stocks have an intuitive meaning, because we are all shoppers and understand the disappointment customers feel if they can’t get an item they want. Inventory metrics are less intuitive, but ever since U.S. Inventory metrics are less intuitive, but ever since U.S.

Forecasting 52

Forecasting Supply and Demand Material Savings Inventory Reduction 52

Logistics Bureau

NOVEMBER 16, 2020

You are not alone, especially as in the time since we first penned this article, one huge and unforeseen event has raised awareness of the global importance of this vital sector—and shown it to be an attractive career choice. So, you are thinking about a career in supply chain? Why Choose a Job in the Supply Chain Industry?

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

Arkieva

APRIL 7, 2016

Ensure continued alignment by sharing inventory turns as a KPI. Figure 1 shows it for inventory and service. The idea is that more service, typically comes with a higher inventory (or lower turns). Examples could be: Shorter lead times. They increase the service but require a higher inventory. Higher fill rate.

Agile and Lean Supply Chain 60

Agile and Lean Supply Chain Supply Chain Software Supply Chain Optimization Supply Chain Strategy 60

Supply Chain Opz

NOVEMBER 9, 2014

In the process, they reduce cycle times, and speed up customer responsiveness; and they reduce waste throughout their operations. Due to the rapid change in global business environment, managers find it difficult to gain the edge over competitors. We believe many practices in global supply chain management can be applied in every industry.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

AFFLINK

MARCH 15, 2016

But what if you’re just starting out? Or what if your business is just now at the stage where you need a comprehensive strategy rather than a “keep-doing-what-works-until-it-doesn’t” approach? Inventory levels? On-time deliveries? Determining capacity needs and production schedules. If so, which ones?

Supply Chain Planning Software 67

Supply Chain Planning Software Supply Chain Planning Scenario Planning Negotiating Skills 67

CH Robinson Transportfolio

AUGUST 16, 2018

All too often, I hear customers say, “We’ve always done it this way” when referring to the business processes and timing of events related to transportation. Just recently, I visited a customer who fell back on that reasoning, and that simple reason was unsatisfying to senior leadership. What role does trucking play in your business?

Expense Reduction 34

Expense Reduction Price Reduction Cost Reduction Strategies Inventory Reduction 34

Logility

NOVEMBER 14, 2016

Despite its importance, this goal is often unreached—and if it is reached, it may last only a short time. Just look at Thomas Edison. Theoretically, a resilient supply chain can be built by creating redundancies such as holding extra inventory, maintaining just-in-case capacity, having many suppliers, etc.

Supply Chain Planning Software 104

Supply Chain Planning Software Optimization Software Supply Chain Optimization Scenario Planning 104

Logistics Viewpoints

APRIL 25, 2024

So, the parking spots are getting more and more occupied with drop trailers, meaning lot capacity shrinks while finding the trailer with the highest-priority inventory becomes even harder. For various reasons, many drivers show up unexpectedly and at the same time. Bottom line: yards are hard.

Expense Reduction 224

Expense Reduction Cost Reduction Strategies Supply Chain Design Software Inventory Reduction 224

AFFLINK

MARCH 15, 2016

But what if you’re just starting out? Or what if your business is just now at the stage where you need a comprehensive strategy rather than a “keep-doing-what-works-until-it-doesn’t” approach? Inventory levels? On-time deliveries? Determining capacity needs and production schedules. If so, which ones?

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Planning Scenario Planning Negotiating Skills 48

Arkieva

JANUARY 6, 2017

Just in case you missed some of our supply chain strategy posts , we’ve compiled a list of our popular supply chain posts from 2016 below (ranked based on shares and views). At the time I was still in grad school rounding up my degree in a non-related field. The ability to forecast in different time buckets. Read More ».

Inventory Reduction 61

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 61

CH Robinson Transportfolio

APRIL 20, 2020

Due to current marketplace disruptions and changing consumer demands, major retailers continue to adjust inventory requirements, adding even more complexity. It is critical to find the right mix of capacity and expertise in this market. Offers a suite of temperature-controlled services.

Expense Reduction 44

Expense Reduction North America Network Optimization Price Reduction 44

CH Robinson Transportfolio

APRIL 21, 2020

Due to current marketplace disruptions and changing consumer demands, major retailers continue to adjust inventory requirements, adding even more complexity. It is critical to find the right mix of capacity and expertise in this market. Offers a suite of temperature-controlled services.

Expense Reduction 44

Expense Reduction North America Network Optimization Price Reduction 44

NC State SCRC

MARCH 9, 2016

As a young assistant professor at Michigan State University, I was part of a group called the Global Procurement Benchmarking Initiative, led by Professor Robert Monczka. The principles at the time were certainly appropriate. The mid-1960s witnessed a dramatic growth of the materials management concept.

Optimal Sourcing 40

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 40

FLEXE

MARCH 21, 2017

Meeting market demands and staying competitive requires real-time visibility into every area of the business and solutions that make it easier to adapt to change. In supply chain, traditional methods for managing inventory fluctuations with short-term solutions hasn’t been simple. Here are the numbers. Technology has changed that.

Warehousing 31

Warehousing Price Reduction Demand Planning Software Supply and Demand 31

Zipline Logistics

DECEMBER 2, 2019

Being perfect isn’t possible 100% of the time. Big box stores now keep a low, agile inventory that is built for quick turnaround and replenishment from its suppliers. To keep that inventory properly supplied and functioning as intended, stores now require that vendors have basically error-free supply chains.

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Shipping Retail 52

The Logistics of Logistics

DECEMBER 31, 2021

Watson was one of the first employees at ChannelAdvisor, spending 10 years there in various executive capacities and launching many of the company’s flagship offerings. The fulfillment centers enable Amazon to store inventory close to consumers which allows for fast delivery and even same-day / next-day delivery. About Rick Watson.

Eliminating Excel in Purchasing 130

Eliminating Excel in Purchasing Logistics Network Optimization Software Resource Reduction Inventory Management Software 130

The Logistics of Logistics

FEBRUARY 18, 2021

Watson was one of the first employees at ChannelAdvisor, spending 10 years there in various executive capacities and launching many of the company’s flagship offerings. The fulfillment centers enable Amazon to store inventory close to consumers which allows for fast delivery and even same-day / next-day delivery. About Rick Watson.

Eliminating Excel in Purchasing 147

Eliminating Excel in Purchasing Logistics Network Optimization Software Resource Reduction Inventory Management Software 147

6 River Systems

APRIL 23, 2019

Not only do you need to select the right equipment , such as collaborative mobile robots , but you also need to evaluate factors like costs, transitioning employees through a period of change, the time it takes to implement and train workers on new warehouse systems and other considerations. In the warehouse, human error is inevitable.

Warehousing 97

Warehousing Supply Chain Software Supply Chain Planning Software Supply Chain Design Software 97

Logistics Viewpoints

FEBRUARY 28, 2022

Lead times, for example, are a critical form of master data for planning purposes. Having an agent detect how long it takes to ship from a supplier site to a manufacturing facility, and then doing a running calculation on how the average lead time is changing, is trivial math. AI can refer to several different types of math.

Optimal Sourcing 282

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 282

ToolsGroup

APRIL 1, 2022

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. Statistics covered in the article include: How the Supply Chain Crisis is Impacting Businesses and Consumers. Covid-19’s Impact on the Supply Chain Crisis.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Logility

JANUARY 10, 2023

With just a 10% improvement in forecast accuracy, the company can raise service levels between 5% and 95% and reduce lead times by 40%. Consider a global hospitality supplier that wanted to secure a consistently available inventory of personal care products at a lower cost.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Software 130

Logistics Bureau

APRIL 15, 2016

The purpose of a warehouse is to provide storage of products to meet customer demands and inventory allows the decoupling of demand and supply. Often this inventory is used to smooth out the supply chain from disruptions (whatever they might be). Warehouse Operations. 20%) make up a greater percentage of what we sell (80%).

Waste Reduction 40

Waste Reduction Cost Reduction Strategies Inventory Reduction Sourcing Strategies 40

Supply Chain Shaman

JULY 6, 2020

Tom, the colorful warehouse manager, constantly heckled Frank for the increasing inventory levels while Ed, the quiet material/logistics manager, constantly questioned if there was a better way. The changeover times for the CM Bartlelts was 5X more prolonged than the more agile IM machines. Sharing My Experience. The year was 1982.

Agile and Lean Supply Chain 292

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 292