Freight Plus

MARCH 20, 2020

Ultimately, a truly cross-functional team with hands in IT, finance, logistics, distribution, transportation, merchandising, etc should be involved. 5, Technology: Vendor Compliance Programs and the scorecards they're graded against are no longer simply about document transfer. Do you have proper inventory visibility?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Inventory Management Software 52

GlobalTranz

OCTOBER 21, 2015

It can take months to negotiate a complex SLA/KPI document, as you go back and forth with your logistics provider so the document becomes a “win-win” for both parties. For example: Inventory Record Accuracy has to be 98-100% accurate daily. The more KPIs, the more difficult the negotiation process.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

Arkieva

AUGUST 8, 2016

A new study by the SupplyChainDigest analyzing the main components of working capital: Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO) revealed an uptick in DIO. New Study Shows a Rise in US Company Inventories. This and much more, in your Monday supply chain briefing from Arkieva.

Sourcing Strategies 60

Sourcing Strategies Inventory Reduction Supply Chain Planning Software California 60

Supply Chain Opz

NOVEMBER 9, 2014

Paul Dittmann , Executive Director of the Global Supply Chain Institute at the University of Tennessee Improving operational efficiency in the global supply chain is a complex undertaking, and requires a documented, multi-year strategy instead of knee jerk reactions, and programs of the month. These are three examples: Rule 3.1:

Waste Reduction 274

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

Precoro

DECEMBER 11, 2023

This concerns different stages of business operations: from purchasing necessary goods or services and all the way to distributing the final product. By establishing requirements and formalizing them in a corporate sustainability strategy document, teams can significantly limit the number of potential suppliers.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Arkieva

NOVEMBER 15, 2016

Making a supply chain management assessment takes a more holistic look at the business’ supply chain management practices from demand planning all the way to distribution. Using industry benchmarks from best-in-class operations can help you identify where your business might be lacking and in need of improvement.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 60

Freight Plus

NOVEMBER 28, 2018

Ultimately, a truly cross-functional team with hands in IT, finance, logistics, distribution, transportation, merchandising, etc should be involved. Vendor Compliance Programs and the scorecards they're graded against are no longer simply about document transfer. Do you have proper inventory visibility? 3PLs & 4PLs.

Vendor Strategies 40

Vendor Strategies Inventory Reduction Cost Reduction Strategies Inventory Management Software 40

Talking Logistics

JULY 19, 2013

On the technology front, LLamasoft announced the release of Data Services, “a new offering that provides reference and benchmark data to LLamasoft customers and others in the supply chain design community…[this data] enables significant reduction in model building time and validates model outputs against realistic standards.”

Logistics Network Optimization Software 132

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Modeling Software 132

SCMDOJO

DECEMBER 11, 2023

This document fosters transparency, accountability, and streamlined processes within the procurement function. Benchmarking: Compares current spending patterns against industry benchmarks for cost-effectiveness. Date of Entry: Records the date when each item entered the inventory. Download Free Inventory Ageing Report 5.

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

6 River Systems

APRIL 23, 2019

Warehousing consists of multiple processes including receiving/documenting incoming products, storing products based on specific warehouse design criteria, picking orders, documenting parts picked, packaging, shipping and documenting damaged/returned parts. The latter question is especially pertinent for B2B environments.

Warehousing 97

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

FLEXE

MARCH 21, 2017

In supply chain, traditional methods for managing inventory fluctuations with short-term solutions hasn’t been simple. From electronic document management to real-time visibility into transportation logistics, software is modernizing the supply chain. So, there’s nothing “short-term” or dynamic about it. Technology has changed that.

Warehousing 31

Warehousing Price Reduction Demand Planning Software Supply and Demand 31

EMERGE App

OCTOBER 4, 2018

Not cleaning up the inventory skeletons in your closet can mean a difference between a ho-hum year and a bumper year. Here we’re going to cover some common inventory management mistakes that businesses make while winding up the year. Inventory Management Mistakes – 8 Horrors of Inventory Management.

Inventory Management Software 76

Inventory Management Software Inventory Management Inventory Reduction Inventory 76

Logistics Bureau

DECEMBER 3, 2017

Distribution Network Performance and Design: An efficient distribution network can save a ton of money for operators, but companies often underestimate the degree to which poor network design can impact performance. Supply chain documentation. Warehouse and distribution centre process improvement. Inventory management.

Education 40

Education Purchasing Skills Buyer Training Supply Chain Design Software 40

Logistics Bureau

JULY 21, 2017

According to our own research at Logistics Bureau, less than 40% of businesses have documented a strategy for their supply chain operations. Distribution Strategy and Tactics. It was probably around a decade late in implementing basic distribution cost-saving practices such as hub-and-spoke distribution and cross-docking.

Cost Reduction Strategies 45

Cost Reduction Strategies Price Reduction Inventory Reduction Vendor Strategies 45

Logistics Bureau

JUNE 12, 2017

Do you know that over 60% of businesses do not have a documented Supply Chain Strategy! 5 – Ensuring your Distribution Network is Cost Effective. Most Distribution Networks grow up over time. Here’s a quick video (5 min) for those new to the design concepts of Distribution Networks: [link]. That’s it.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Design Supply Chain Strategy Supply Chain Planning Software 40

Enterra Insights

SEPTEMBER 18, 2018

’ Perfection is expected in the product, condition, quantity, documentation, and location.”[2] Surrett explains, “When shipping documents misreport significant attributes of cargo, the resulting inaccurate or false billing can prompt additional carrier charges. Lack of Benchmarking. ” They are: 1.

Supply Chain Software 100

Supply Chain Software Waste Reduction Inventory Reduction Price Reduction 100

crisp

AUGUST 10, 2022

VP of Sales Mike Scavuzzo uses timely retail data to keep inventory flowing from DCs to stores, maximizing the challenger brand’s partnership with every retailer. Was there an inventory issue? “Was there an inventory issue? The first functional chocolate bar. market from Canada just 18 months ago. Is it a complete void?

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Inventory Reduction Just-in-Time Packaging 52

EMERGE App

DECEMBER 31, 2018

Here’s our checklist of what your wholesale or distribution business should do in 2019. Are you still using paper-and-pencil records or spreadsheets to run your wholesale and distribution business? If you’re still not convinced about using inventory management software , then perhaps the benefits might sway you over.

Inventory Management Software 60

Inventory Management Software Purchasing Skills Forecasting Software Manufacturing Procurement 60

Supply Chain Network

DECEMBER 14, 2013

Speaker(s): Rob Bass, Vice President, Distribution, Best Buy Co., Alexis DePree, Senior Director, Distribution Planning, Target Corporation. Networked companies have a single version of information related to inventory status, POs, inventory, shipments, payments and documents. Room 25, Monday Feb 24 th , 10:30 am.

Logistics Network Optimization Software 115

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Retail 115

Zipline Logistics

JUNE 30, 2020

Typically, it accounts for the planning of demand, production, distribution, and transportation. Benchmark — In logistics, benchmarks refer to KPI thresholds set by an organization to measure supply chain performance. EDI is used to exchange documents like purchase orders and invoices. Order — A shipment of goods.

Supply Chain Planning Software 52

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

6 River Systems

DECEMBER 5, 2019

The modern warehouse is complex, and management must balance a number of factors including software, automation, training and processes such as receiving, picking and inventory management. If half of the orders you get come from 10% of the products you have in the inventory, put these items nearest the entrance of the picking area.

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Strategies Resource Reduction 52

6 River Systems

JUNE 25, 2019

To measure the warehouse productivity, the management must apply standard measurements that can be used for operations that occur in the warehouse, for example, perform physical inventory or place goods in the picking area. It helps them learn the products, customers and paperwork (or electronic inventory) system.

Sourcing Strategies 56

Sourcing Strategies Optimal Sourcing Warehousing Supply Chain Design Software 56

DynaSys

NOVEMBER 17, 2021

Juliette Bruneel joined DynaSys 8 years ago, after many years in inventory planning. Now you help customers discover the new features of the DynaSys solutions with documentation and training material. The outcome is a more accurate plan, often with reduced inventory, and higher service levels.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 52

Logistics Bureau

OCTOBER 31, 2016

If so, prepare to be surprised, because it doesn’t get any more basic than this: Your company must have a documented and commonly understood supply chain strategy. Distribution Network Design. Now we move on to look at one of the most important functional supply chain basics: goods receiving in your distribution centre.

Supply Chain Design Software 40

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

Logistics Bureau

MAY 24, 2019

The company was replenishing dealers’ inventory weekly, using direct shipment and cross-docking operations from source warehouses located near Deere & Company’s manufacturing facilities. The only option was to try to reduce levels of inventory, which, up to that point, had been kept very high to support a nine-week order cycle.

Cost Reduction Strategies 54

Cost Reduction Strategies Inventory Reduction Expense Reduction Price Reduction 54

6 River Systems

JUNE 29, 2020

Importantly, flexible supply chains cut costs and improve cash flow, in part through a 10% to 40% increase in inventory turns. ’ Examples of such bad behavior include sales representatives inflating their forecasts to ensure adequate supply, or operations maintaining extra inventory to account for low forecast accuracy.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

EMERGE App

MAY 10, 2020

As an owner of a wholesale or distribution business, you’re doing everything possible to maintain your razor thin margins but — surprise, surprise — you’re bound to make mistakes along the way. But it ultimately brought respectable profits and a pivot to the inventory management solution that you see today.

Purchasing Skills 83

Purchasing Skills Sourcing Strategies Inventory Management Software Inventory Reduction 83

GlobalTranz

MAY 23, 2016

Although an audit may not have already caught issues, constant complaints along specific delivery routes or areas can isolate the source of the problems, triggering a review for the affected truckers, distribution centers or manufacturers. Essentially, how well customer feedback is handled helps shippers recognize when an audit may be needed.

Freight 136

Freight Shipping Cost Reduction Strategies Inventory Reduction 136

EMERGE App

MAY 10, 2020

As an owner of a wholesale or distribution business, you’re doing everything possible to maintain your razor thin margins but — surprise, surprise — you’re bound to make mistakes along the way. But it ultimately brought respectable profits and a pivot to the inventory management solution that you see today.

Purchasing Skills 52

Purchasing Skills Sourcing Strategies Material Savings Price Reduction 52

RFgen

JANUARY 18, 2024

Remote access fosters a flexible and mobile workforce—especially beneficial in today’s increasingly distributed work environments. Business Process Analysis Map Current Processes: Document and analyze current business processes across various departments. Resource Allocation : Distributing resources for project success.

Supply Chain Planning Software 72

Supply Chain Planning Software Procurement Solutions Optimization Software Modeling Software 72

Precoro

AUGUST 31, 2023

Recall how manufacturers had to limit their on-site staff due to coronavirus safety regulations; more recently, food production in Ukraine was disrupted, which in turn affected the sales channels of Ukrainian products and everyone around the world who uses or distributes them. Is your inventory optimized ? Do you overstock ?

Material Savings 105

Material Savings Cost Reduction Strategies Expense Reduction Price Reduction 105

NC State SCRC

DECEMBER 22, 2017

[Linton] co-authored The Living Supply Chain , which argues that “Speeding up the supply chain is at the root of everything that is good: improved revenue, reduced working capital, higher profitability, and less obsolete inventory. ” A control approach creates friction.

Predictive Analytics Software 72

Predictive Analytics Software Predictive Analytics Supply Chain Design Software Supply Chain Planning Software 72