Material Handling & Logistics

DECEMBER 3, 2018

Four separate factors contribute to achieving a “perfect order”: the delivery must arrive complete, on-time, undamaged, and with proper documentation. According to APQC Open Standards Benchmarking data, organizations that are median, or midpoint, performers on this measure have a perfect order index of 90. Share data.

Manufacturing Procurement 100

Manufacturing Procurement Supply Chain Software Inventory Reduction Supply Chain Planning Software 100

RFgen

JULY 21, 2015

The speed at which merchandise moves in and out of a warehouse plays a big part in customer satisfaction. To ensure clients are receiving the proper, undamaged product in the appropriate time, a business must employ and train efficient warehouse staff. A warehouse data-capturing system logs individual employee performance.

Buyer Training 52

Buyer Training Training Price Mitigation Strategies Supply Chain Design Software 52

RFgen

JULY 21, 2015

The speed at which merchandise moves in and out of a warehouse plays a big part in customer satisfaction. To ensure clients are receiving the proper, undamaged product in the appropriate time, a business must employ and train efficient warehouse staff. A warehouse data-capturing system logs individual employee performance.

Buyer Training 52

Buyer Training Training Price Mitigation Strategies Supply Chain Design 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. But, it can be overdone.

Waste Reduction 274

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

Unleashed

APRIL 10, 2023

It involves using statistical data as a type of quality control to eliminate defects, reduce the number of variations in an end product, and improve processes in a business. The Six Sigma concept says that all processes in an organisation can be measured and optimised for improvement using a statistical benchmark.

Manufacturing Procurement 52

Manufacturing Procurement Six Sigma Optimal Sourcing Waste Reduction 52

AFFLINK

MAY 11, 2017

For example, a customer may require documented procedures, work instructions, and process flows that define specific activities. With benchmarks and associated key performance indicators in place, a small or mid-sized business can establish long-term collaboration, lower costs, and build financial strength. Reinforcing Accountability.

Optimal Sourcing 61

Optimal Sourcing Sourcing Strategies Procurement Cost Reduction Strategies 61

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

Freight Plus

NOVEMBER 28, 2018

As warehouse management and EDI systems have become more sophisticated so has the ability for retailers to identify which shipments are arriving that aren't compliant with vendor routing guides and SOPs. Vendor Compliance Programs and the scorecards they're graded against are no longer simply about document transfer. Technology.

Vendor Strategies 40

Vendor Strategies Inventory Reduction Cost Reduction Strategies Inventory Management Software 40

QAD

MAY 16, 2019

The MMOG/LE assessment has been a go-to document for automotive supply chain best practices for thousands of global Tier 1 and Tier 2 suppliers since its first publication in 2002. MMOG/LE is used by automotive customers to select and evaluate production and parts, service and warehousing processes. Benchmark supply chain operations.

Supply Chain Planning Software 101

Supply Chain Planning Software Inventory Reduction Material Savings Automotive 101

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

Logistics Bureau

DECEMBER 3, 2017

Supply chain documentation. Functional Fundamentals: Members of SCLA get to learn about the fundamentals of management in every supply chain function, including purchasing, warehousing, and transportation. Topics include: Warehouse design and setup. Warehouse and distribution centre process improvement.

Education 40

Education Purchasing Skills Buyer Training Supply Chain Design Software 40

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 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 first was around inventory management. There were two use cases that I found interesting.

Supply Chain Planning Software 209

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

6 River Systems

JUNE 25, 2019

Most warehouses are on an ongoing mission to maximize productivity by optimizing workflows, automating processes and reducing waste (both time and resources). More than 50% of your warehouse labor is in pick and pack, so start there. ” — How to Maximize Warehouse Efficiency , Parcel Pending; Twitter: @ParcelPending 5.

Sourcing Strategies 56

Sourcing Strategies Optimal Sourcing Warehousing Supply Chain Design Software 56

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

Unleashed

FEBRUARY 28, 2023

Creating efficient warehousing processes can result in less downtime, lower running costs, and better customer service. Here, we’ll talk about what receiving efficiency is, how to measure it using warehousing metrics, and cover a few different ways to optimise your inward goods process. What is receiving efficiency?

Inventory Management Software 52

Inventory Management Software How To Inventory Reduction Warehousing 52

6 River Systems

DECEMBER 5, 2019

The efficiency of order fulfillment from warehouses has become an important focus in logistics management as customers demand quicker deliveries. Warehouse order picking is an important factor in efficient order fulfillment. ” – Shawn Lynch , How to Improve Order Picking Your Warehouse , FlexQube; Twitter: @FlexQube 2.

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Strategies Resource Reduction 52

Logistics Bureau

JUNE 12, 2017

Do you know that over 60% of businesses do not have a documented Supply Chain Strategy! 4 – Fixing Warehouse Capacity Issues. Many companies start to worry that as their warehouses start to reach capacity, that they’ll need to start planning for new ‘larger’ facilities. But this is not always the case.

Supply Chain Design Software 40

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

Logistics Bureau

JULY 18, 2022

As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy. Warehouse facilities and proximity. Inventory levels. Step 3: External Benchmarking and Competitor Research. Delivery service levels. Reverse logistics.

Inventory Reduction 88

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction Strategies 88

RFgen

SEPTEMBER 12, 2019

Warehouse automation isn’t positioned to replace your workforce, but will augment your existing labor with crucial performance accelerators. A critical area where supply chain automation technology is gaining ground is in the warehouse. Take it with you: Key ROI Criteria for Warehouse Automation (free white paper download) ».

Supply Chain Software 54

Supply Chain Software Warehousing Inventory Reduction Resource Reduction 54

Unleashed

NOVEMBER 24, 2019

Reporting is done through the process of compiling and reviewing the information within a specific functional area such as finance, sales, operations, inventory control or any area of the business where performance is monitored and measured. Inventory stock reports. Market analysis reports. Operational analysis reports.

Report 68

Report Forecasting Software Forecasting Analysis 68

RFgen

SEPTEMBER 12, 2019

Warehouse automation isn’t positioned to replace your workforce, but will augment your existing labor with crucial performance accelerators. A critical area where supply chain automation technology is gaining ground is in the warehouse. Take it with you: Key ROI Criteria for Warehouse Automation (free white paper download) ».

Supply Chain Software 52

Supply Chain Software Warehousing Inventory Reduction Resource Reduction 52

NC State SCRC

NOVEMBER 5, 2016

Current best practices in contract management systems are associated with application of searchable contract databases, allowing comparison and rapid access to contract information, as well as comparison of contractual terms and exposure for common suppliers, categories of spending, and specific price benchmarking internally.

Negotiating Skills 40

Negotiating Skills Analytics Software Supply Chain Planning Software Modeling 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. While Wal-Mart invested in fleet assets to drive distribution costs down, Kmart persevered with the use of external carriers and did nothing to try and reduce inventory touch-points.

Cost Reduction Strategies 45

Cost Reduction Strategies Price Reduction Inventory Reduction Vendor Strategies 45

EMERGE App

DECEMBER 31, 2018

If you’re still not convinced about using inventory management software , then perhaps the benefits might sway you over. For import-export companies, you need to have your operations down pat with sophisticated inventory management software to back you up. Value Your Inventory. Spring Clean Your Warehouse.

Inventory Management Software 60

Inventory Management Software Purchasing Skills Forecasting Software Manufacturing Procurement 60

Unleashed

MARCH 9, 2021

This is often managed with the help of supplier management software or inventory management software. This KPI aids in setting benchmark shipping times relative to each supplier and allows organisations to optimise forward shipping and delivery processes for their customers, reducing turnover time, and improving customer satisfaction levels.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Zipline Logistics

JUNE 30, 2020

Benchmark — In logistics, benchmarks refer to KPI thresholds set by an organization to measure supply chain performance. Bill of Lading (BOL) — A legally binding document between a shipper and carrier that details all the information needed to process a freight shipment.

Supply Chain Planning Software 52

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

Unleashed

JUNE 8, 2023

Or it may be complex, such as the construction of a second warehouse or parking lot. 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. They will also send an invoice.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Vendor Strategies Material Savings 52

6 River Systems

JUNE 29, 2020

Warehouse managers face numerous challenges, as well, such as the need to keep goods flowing in and out of the facility while enabling associates to practice social distancing measures. Importantly, flexible supply chains cut costs and improve cash flow, in part through a 10% to 40% increase in inventory turns.

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

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 way Intel could find to make supply chain cost reductions was to bring this cycle time down and therefore reduce inventory.

Cost Reduction Strategies 54

Cost Reduction Strategies Inventory Reduction Expense Reduction Price Reduction 54

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. It was a painful learning experience!

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. It was a painful learning experience!

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