Freight Plus

MARCH 20, 2020

5, Technology: Vendor Compliance Programs and the scorecards they're graded against are no longer simply about document transfer. Retailers expect their partners to use and be proficient with modern inventory management tools. Do you have proper inventory visibility? Bad carriers cost you money and ruin retail relationships.

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

Unleashed

AUGUST 17, 2021

These include inventory management, supply chain operations, procurement, project management, financial management, risk management and compliance. It optimises inventory management, and gives real-time visibility and inventory accuracy. ETO software manages inventory data, takes care of scheduling and monitors production.

Inventory Management Software 97

Inventory Management Software Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 97

Supply Chain Game Changer

APRIL 29, 2020

For the shipper, in particular, the use of freight cost benchmarking and market movement analytics will also be important to achieve additional insight and a better understanding of overall costs. Freight cost benchmarking in the market is an efficient method followed by many shippers. Know the market and the rates that are prevalent.

Negotiating Skills 69

Negotiating Skills Cost Reduction Strategies Optimal Sourcing Freight 69

Freight Plus

NOVEMBER 28, 2018

. : Vendor Compliance Programs and the scorecards they're graded against are no longer simply about document transfer. Retailers expect their partners to use and be proficient with modern inventory management tools. Do you have proper inventory visibility? Relationships. Is your EDI up to snuff? IS your data clean?

Vendor Strategies 40

Vendor Strategies Inventory Reduction Cost Reduction Strategies Inventory Management Software 40

Talking Logistics

JULY 19, 2013

As I’ve commented in previous postings, if you are a 3PL or transportation company and you’re not involved in cross-border shipping with Mexico, then you are missing out on a growing business opportunity (see Reuters article from December 2012). And finally, UPS raised a red flag by lowering its full-year EPS expectations.

Logistics Network Optimization Software 132

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

SCMDOJO

DECEMBER 11, 2023

Delivery Status: Indicates whether items have been shipped or delivered as scheduled. This document fosters transparency, accountability, and streamlined processes within the procurement function. Benchmarking: Compares current spending patterns against industry benchmarks for cost-effectiveness.

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

Logistics Viewpoints

JANUARY 23, 2024

The company can connect all aspects of the execution process, including labor cost and capacity, warehouse capacity, and shipping, and then integrating all of this data into their data cloud platform for a holistic view of OMS, TMS, and WMS. The ongoing issues in the Red Sea are wreaking havoc on ocean shipping.

Supply Chain Planning Software 209

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 209

SupplyShift

DECEMBER 6, 2021

In the wake of supply chain disruptions and global shortages, businesses are quickly recognizing the need for greater visibility over their supply network, from documenting the origin of material components to tracking shipments.

Supply Chain Software 52

Supply Chain Software Supply Chain Network Software Supply Chain Demand Planning Software 52

SupplyShift

DECEMBER 6, 2021

In the wake of supply chain disruptions and global shortages, businesses are quickly recognizing the need for greater visibility over their supply network, from documenting the origin of material components to tracking shipments.

Supply Chain Software 52

Supply Chain Software Supply Chain Network Software Supply Chain Demand Planning Software 52

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

MIT Supply Chain

MAY 8, 2013

Let’s bring it down to earth with a specific example – ocean shipping. As suggested in my recent post What Price Ocean Shipping? How much inventory could be better managed in this segment if there was better visibility into end-to-end cargo flows? But the large-scale variety inspired by the cloud is an intriguing idea.

Supply Chain Design Software 63

Supply Chain Design Software Analytics Software Price Reduction Industrial 63

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

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

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

RFgen

FEBRUARY 2, 2017

Automated mobile data applications can help companies set more accurate benchmarks. And to do so, we suggest they conduct benchmarks. Benchmarking involves comparing how well current supply chain and supply chain management strategies are doing compared to old processes. The Importance of Benchmarking. Productivity.

Benchmarking 52

Benchmarking Supply Chain Planning Software Supply Chain Software Supply Chain Strategy 52

RFgen

FEBRUARY 2, 2017

Automated mobile data applications can help companies set more accurate benchmarks. And to do so, we suggest they conduct benchmarks. Benchmarking involves comparing how well current supply chain and supply chain management strategies are doing compared to old processes. The Importance of Benchmarking. Productivity.

Benchmarking 52

Benchmarking Supply Chain Planning Software Supply Chain Software Supply Chain Strategy 52

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

but when demand slowed, the pressure to reduce inventory becomes a lot higher. Supply chain visibility provides the ability to view and track inventory in real-time or near real-time across all modes from raw materials to finished goods at the customers door. Certain shipping lines are investing in the last mile companies.

Rail Software 244

Rail Software Real-time Visibility Supply Chain Planning Software Predictive Analytics Software 244

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

Unleashed

FEBRUARY 28, 2023

More accurate receiving also helps prevent overstocking and understocking by providing clearer data for your inventory replenishment team to rely on. Improve inventory accuracy: Improved receiving efficiency typically leads to improved inventory accuracy. So, how do you measure receiving efficiency in your warehouse?

Inventory Management Software 52

Inventory Management Software How To Inventory Reduction Warehousing 52

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. We’re making sure the fundamentals are in place — did we ship on time to partners, did they ship on time to stores, and are we selling. Is it a complete void?

Agile and Lean Supply Chain 52

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

6 River Systems

JUNE 25, 2019

After all, if you don’t have a product to store and ship, you don’t have a business. 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.

Sourcing Strategies 56

Sourcing Strategies Optimal Sourcing Warehousing Supply Chain Design Software 56

ShipBob

MAY 13, 2020

With hundreds of millions of shopping search queries happening on Google each day, brands that have the items that consumers need — both in stock and ready to ship — must make them even more discoverable online. In this case, we’re using a Google Sheets document (manual feed). Configure shipping, taxes, etc. Conclusion.

Price Reduction 98

Price Reduction Waste Reduction How To Inventory Reduction 98

Zipline Logistics

JUNE 30, 2020

These are a la carte, or per service, and outside of standard shipping and receiving. Benchmark — In logistics, benchmarks refer to KPI thresholds set by an organization to measure supply chain performance. Carriage — In maritime shipping, carriage refers to the movement of cargo on a vessel after loading and before unloading.

Supply Chain Planning Software 52

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

Unleashed

MARCH 9, 2021

This is often managed with the help of supplier management software or inventory management software. On-time delivery metrics measure the time from when the order is shipped by the supplier to when it is receipted by the business. The on-time shipping rate focusses on improving services and is a key indicator of customer satisfaction.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

EMERGE App

DECEMBER 31, 2018

If you’re still not convinced about using inventory management software , then perhaps the benefits might sway you over. Historically low shipping rates are slowing creeping back up. For import-export companies, you need to have your operations down pat with sophisticated inventory management software to back you up.

Inventory Management Software 60

Inventory Management Software Purchasing Skills Forecasting Software Manufacturing Procurement 60

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

Unleashed

JUNE 8, 2023

If you’ve already invested in inventory management software , you’ll be able to auto-populate future POs with supplier and product details and automatically update your stock levels upon receipt. This is a document that breaks down the costs of the purchase and functions as a formal request for payment. They will also send an invoice.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Vendor Strategies Material Savings 52

Supply Chain Network

DECEMBER 14, 2013

Hear how Sears instituted a ship-from-store model that fills a high percentage of product to each customer’s home within 2 days, often next day. Top executives from Lowe’s Home Improvement and Belk Department Stores will discuss how these retailers have learned how to ship e-commerce orders from their stores. Jeff Ashcroft.

Logistics Network Optimization Software 115

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

GlobalTranz

MAY 23, 2016

So, your organization has decided to explore the benefits and perks of less than truckload freight shipping. Let’s take a look at how the TMS impacts the costs of shipping over the long term in four critical areas. Overall Costs of Less Than Truckload Freight Shipping. Customer Satisfaction.

Freight 136

Freight Shipping Cost Reduction Strategies Inventory Reduction 136

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

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. All inbound shipments should be checked against delivery documentation and purchase orders. Inventory Management in the Warehouse. “What?”

Supply Chain Design Software 40

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

EMERGE App

MAY 10, 2020

As some of you may know, EMERGE App was born out of an in-house inventory management solution for a custom t-shirt printing business that our founder ran while in school. But it ultimately brought respectable profits and a pivot to the inventory management solution that you see today. Benchmark yourself against some metrics.

Purchasing Skills 83

Purchasing Skills Sourcing Strategies Inventory Management Software Inventory Reduction 83

EMERGE App

MAY 10, 2020

As some of you may know, EMERGE App was born out of an in-house inventory management solution for a custom t-shirt printing business that our founder ran while in school. But it ultimately brought respectable profits and a pivot to the inventory management solution that you see today. Benchmark yourself against some metrics.

Purchasing Skills 52

Purchasing Skills Sourcing Strategies Material Savings Price Reduction 52

Precoro

AUGUST 31, 2023

Benchmarks for evaluating spending levels can be internal (between departments) or external (between competitors in the market.) Some costs can appear relatively high compared to the budgeted benchmarks, but at the same time justifiable by the substantial returns on investment that they offer. Is your inventory optimized ?

Material Savings 105

Material Savings Cost Reduction Strategies Expense Reduction Price Reduction 105