6 River Systems

APRIL 23, 2019

As warehouses embrace technology to optimize the supply chain and reduce fulfillment costs , many companies are considering making the move to an automated warehouse. That said, there are many factors to consider when moving to an automated warehouse. ” Meet Our Panel of Warehouse Pros: Alexandra Zelenko.

Warehousing 97

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

DELMIA Quintiq

MAY 17, 2023

Therefore, supply chain planning has huge potential to reduce the environmental impact of production and transportation, and DELMIA Supply Chain Solutions play a pivotal role in making this happen. This is where DELMIA Supply Chain Solutions with its planning engines will help. Some suppliers are in Europe, whereas some are in Asia.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Scenario Planning Sustainability 156

ToolsGroup

OCTOBER 3, 2022

How to Hire in a Labor Shortage and Meet Customer Expectations. Leaked internal research reveals Amazon is at risk to run out of workers for its US warehouses by 2024. The demand for retail workers to fill positions in stores, warehouses, and the manufacturing plants of vertically integrated retailers is not decreasing anytime soon.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

Unleashed

APRIL 18, 2023

Key Performance Indicators for inventory , commonly known as KPIs, are measurement tools that allow you to track the performance of various aspects of your business. They’re useful for giving insights into the success (or otherwise) of how you’ve constructed workflow and systems, and whether changes need to be made to create efficiencies.

Procurement Analytics 52

Procurement Analytics Metrics Inventory Reduction Inventory 52

Unleashed

FEBRUARY 1, 2023

Demand planning also considers factors such as: Your marketing strategy Seasonality Market trends Demand planning teams need to constantly be alert to technology advances such as in Artificial Intelligence or software tools which can be utilised to their advantage. They must draw on all these factors to create a ‘demand plan’.

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 52

Logistics Bureau

NOVEMBER 6, 2023

Recent studies have shown that among the challenges frustrating warehouse and distribution centre managers this year, rising energy and labour costs are two of the most often cited. We hope the tips and ideas in this article will help you make inroads into warehouse energy and labour cost reduction.

Cost Reduction Strategies 89

Cost Reduction Strategies Warehousing Waste Reduction Purchasing Skills 89

Unleashed

JANUARY 29, 2024

This article looks at the SKU rationalisation process, how to utilise SKU rationalisation analysis for your business, and some essential best practices for implementing it. The discontinuation of SKUs that have low sales volumes, high return rates, or high storage costs, can save on warehouse space, and handling fees.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

Logistics Bureau

OCTOBER 20, 2021

Calculate cash-to-cash cycle time by adding the number of days that inventory is on hand to the number of days (on average) that customers take to pay for their orders and deducting the number of days it typically takes for your organization to pay for its purchases. How to Calculate Inventory Days of Supply. The Par Level System.

Supply Chain Design Software 80

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 80

Unleashed

JUNE 8, 2023

Behind every successful product business is a thoughtful procurement strategy designed to optimise the supplier management and purchasing process. This guide answers exactly what is procurement, how procurement works in a business , and which tools and strategies lead to supply chain success.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Vendor Strategies Material Savings 52

Zipline Logistics

JANUARY 24, 2020

Despite its importance, many brands, irrespective of sophistication, have encountered issues with consistently meeting these benchmarks. If you have wondered how to improve OTIF and overall supply chain performance, you are not alone. We have a few tips on how to make logistics improvements to increase OTIF performance.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Inventory Reduction How To 52

Alloy

FEBRUARY 4, 2024

The purchase of Market6 was an effort by 84.51° to fill this gap, and in some ways it did. It’s up to the brand to figure out how to wrangle these vast datasets and determine what to do with their findings. The ‘Warehouse Inventory’ report shows daily inventory on hand by case and case GTIN.

Procurement Analytics 52

Procurement Analytics Analytics Software Optimal Sourcing Forecasting Software 52

Supply Chain Game Changer

NOVEMBER 28, 2019

According to Metapack, 70% of US consumers have purchased goods from one store over another because of better delivery options, as would 58% of consumers overall. 94% of people making business purchases expect the same customer experience as when they make personal purchases. Using 3PL software as logistics solution.

Logistics Network Optimization Software 83

Logistics Network Optimization Software 3PL Optimal Sourcing Supply Chain Planning Software 83

Supply Chain Trend

AUGUST 13, 2020

He reasoned that to support such planning we need to implement a third wave of integrated supply-chain planning software. Although third wave supply chain-software could cover all these elements, Niels believes that human centricity is critical so that decision augmentation should be the more desirable form for business planning.

Supply Chain Software 147

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 147

BlueYonder

JULY 25, 2017

According to the 2017 EFT Report, “ How to Thrive in a World of Commoditized Logistics ,” almost 48 percent of shippers reported they’re looking for new ideas and solutions from their 3PL providers. The global logistics industry is facing an unprecedented warehouse and workforce shortage, which is a challenge.

Third Party Logistics 43

Third Party Logistics Modeling 3PL Modeling Software 43

ThroughPut

MAY 13, 2022

Demand sensing is the process of leveraging advanced analytical techniques to create short-term predictions of real-time fluctuations in purchase behavior. Demand sensing solutions extract everyday data from POS systems, warehouses, as well as external sources to detect variances in sales by comparing with historical trends.

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52

ThroughPut

MAY 13, 2022

Demand sensing is the process of leveraging advanced analytical techniques to create short-term predictions of real-time fluctuations in purchase behavior. Demand sensing solutions extract everyday data from POS systems, warehouses, as well as external sources to detect variances in sales by comparing with historical trends.

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52

BlueYonder

JULY 25, 2017

According to the 2017 EFT Report, “ How to Thrive in a World of Commoditized Logistics ,” almost 48 percent of shippers reported they’re looking for new ideas and solutions from their 3PL providers. The global logistics industry is facing an unprecedented warehouse and workforce shortage, which is a challenge.

Third Party Logistics 40

Third Party Logistics Modeling Modeling Software 3PL 40

Unleashed

JANUARY 5, 2021

To put it another way, this ratio helps you understand how long it takes you to sell your products, and therefore potentially pinpoint weaknesses in your inventory control process. How to calculate inventory turnover. Now you know how much you inventory cost for the period. Average inventory figures. A set time period.

Inventory Reduction 83

Inventory Reduction Inventory Procurement Analytics Inventory Management Software 83

KEPLER Consulting

APRIL 5, 2019

How many warehouses and where to place them? In a recent benchmark among players of the retail sector (brand with a network of at least 100 stores in France), the declared costs of their Supply Chain fluctuate between 8 and 15%. QUESTION #5: how to ensure transition to the new flow scheme? What delivery method to choose?

Network Design Software 75

Network Design Software Network Design Supply Chain Design Software Supply Chain Design 75

Logistics Bureau

DECEMBER 3, 2017

SCLA focuses on the practical knowledge necessary to succeed in real-world supply chain management, and therefore is not heavily laced with academic theory, although of course all key concepts, models, and tools are explaine d as part of the program content. Topics include: Warehouse design and setup. Inventory management.

Education 40

Education Purchasing Skills Buyer Training Supply Chain Design Software 40

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

Unleashed

OCTOBER 20, 2021

And to give you a clear idea of what to expect if you choose a cloud-based software option, we’ll give you some examples of how Unleashed helps with the process of setting up your inventory system. That way you’ll avoid a situation where your software is ready to go but you don’t have the physical assets to use it.

Inventory Management Software 96

Inventory Management Software Inventory Management Forecasting Software Inventory Reduction 96

Arkieva

JANUARY 6, 2017

After a couple of quick questions about the product that she had purchased, it was obvious to me that the product itself had the right features. She commented that the error seemed to be in the way that the software was implemented, and not in the base capability of the software. Plan an Efficient Layout for the Warehouse.

Inventory Reduction 62

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 62

Tompkins Blog

APRIL 2, 2014

Benchmarking & Best Practices Consortiums. Webcast – “Supply Chain Control Towers: Separating Fact from Fiction” With the overwhelming complications faced by today’s supply chain managers, companies are searching for the best solutions to combat complexity and create supply chain excellence with the consumer-driven approach.

Demand Planning Software 40

Demand Planning Software Supply and Demand Supply Chain Design Software Network Design Software 40

Unleashed

MARCH 28, 2023

This ranges from the IT systems used to process an order right through to warehouse management, shipping, returns and refunds, and customer service. Order management performance metrics can also highlight which products are selling well, which margins could be stretched, and how the optimal warehouse layout should look based on sales.

Procurement Analytics 52

Procurement Analytics Metrics Purchasing Skills Cost Reduction Strategies 52

Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Procurement in 2021 and beyond.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

6 River Systems

DECEMBER 13, 2019

Optimizing your warehouse means examining every corner of your infrastructure and every facet of your workflows and processes to identify and correct inefficiencies. Not only does warehouse optimization result in a healthier bottom line, but it also improves key warehouse metrics like accurate orders and on-time delivery.

Optimal Sourcing 81

Optimal Sourcing Optimization Software Price Mitigation Strategies Modeling 81

ShipBob

APRIL 15, 2024

Specifically, GMROI measures how much profit you generate from every dollar you invest in your inventory purchases. However, it’s also important to consider any industry-specific GMROI benchmarks to make sure that your business is keeping up with the competition. This metric doesn’t just account for the cost of buying inventory.

Inventory Reduction 52

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 52

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

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

ToolsGroup

APRIL 1, 2022

Learn more on how to overcome today’s supply chain challenges by securing the free guide, 8 Winning Strategies to Combat Supply Shortages. How the Supply Chain Crisis is Impacting Businesses and Consumers. Prior to Covid-19, 45% of consumers never considered the supply chain when making purchases. Chain Store Age ). Accenture ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Logistics Bureau

OCTOBER 26, 2020

As legislation focuses ever more heavily on environmental protection though, and consumers increasingly consider sustainability in their purchasing decisions, all supply chain organisations will need to find the way forward. How to Develop a Sustainable Supply Chain. Reduce Your Environmental Footprint. Invest in Education.

Supply Chain Planning Software 84

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 84

Unleashed

MAY 2, 2022

These quantifiable metrics take all the guesswork and ‘gut feel’ out of your processes and can show you clearly – in real time if you’ve got the right inventory management software – where your inefficiencies are, and what’s costing you more money than you realise. Lead time can be important to finding inefficiencies.

Inventory Reduction 98

Inventory Reduction Inventory Inventory Management Software Procurement Analytics 98

ShipBob

FEBRUARY 17, 2023

Noel Churchill, Owner and CEO of Rainbow OPTX But, how do you offer faster shipping — often at an increased cost to you — and still manage to increase the average order value? How to calculate average order value 4 ways AOV impacts business decisions What impacts my average order value? Tools like Smile.io

Price Reduction 105

Price Reduction Cost Reduction Strategies Inventory Reduction Expense Reduction 105

ShipBob

APRIL 13, 2021

KPIs are one of the most valuable tools you have for keeping your team focused, accountable, and aligned. Costs of goods sold is how much it costs to produce your products or services. COGS = Beginning inventory + Purchases during the period – Ending inventory. 32 ecommerce KPIs to track for your online store. Shipping fees.

Procurement Analytics 95

Procurement Analytics Logistics Network Optimization Software Analytics Software Optimization Software 95

Logistics Bureau

AUGUST 10, 2017

We’ll explain how to use your supply chain to improve your last-mile delivery service and make sure it differentiates your retail business from its competitors, depending on whether you plan to compete on cost or quality. Repurposing the Warehouse… Literally! Exploiting the Growth in Urban Warehousing.

Supply Chain Planning Software 44

Supply Chain Planning Software Cost Reduction Strategies Inventory Reduction Price Reduction 44

6 River Systems

DECEMBER 11, 2018

” — Sue Welch, CEO of TradeStone Software, as quoted in A Unified Supply Chain , Forbes; Twitter: @Forbes. “With better communication tools present, businesses can also build their collaborative rapport across the supply chain to eliminate confusion. Make room for collaboration. This is just good customer service.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75