ThroughPut

JANUARY 28, 2019

Through the targeted use of Artificial Intelligence (AI), Machine Learning and other technologies, leading global innovators are constantly trying to enhance the effectiveness of their inventory management. What one can’t ignore, however, is all the external factors that also directly, and indirectly, affect inventory processes.

Optimal Sourcing 94

Optimal Sourcing Optimization Software Supply Chain Software Supply Chain Planning Software 94

Oracle SCM

JULY 12, 2017

Supply chain executives were under pressure to develop more efficient, customer-centric supply chains while finding innovative ways to reduce costs and enable growth. Strategy 3: Optimize product designs and product management for supply, manufacturing, and sustainability to accelerate profitable innovation. FREE EBOOK. FREE EBOOK.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

Logistics Viewpoints

JULY 19, 2023

Most recently, the APQC has conducted best practice and benchmarking research on environmental sustainability. For respondents at the median, 80 percent of total annual packing material consumed comes from recycled or re-used materials and 60 percent comes from renewable sources.

Sustainability 193

Sustainability Optimal Sourcing Logistics Material Savings 193

20Cube Logistics

FEBRUARY 3, 2022

Inventory got depleted in warehouses with no shipper coming to take it away. The redundancies that have been exposed, coupled with the setback that the industry had to suffer, called for a remodeling of the operational design and left rooms for innovation thrust open.

Supply Chain Design Software 76

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Design 76

Supply Chain Shaman

AUGUST 7, 2019

” Or alternatively, “Is there data that could be sourced to help?” I am often asked to benchmark demand. This is one of the root issues leading to the swell of inventories in company warehouses as shown in Figure 5. Technology change is moving faster than process innovation. Step Three.

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 250

Unleashed

JANUARY 29, 2024

Discontinuing lines will help the manufacturer free up production capacity, and redirect research and development spending to focus on the development and marketing of newer or more innovative products. What are the key performance indicators you want to improve, and what are the benchmarks that you’ll use to evaluate each SKU?

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

NC State SCRC

JUNE 27, 2017

It will not determine the extent of deployment across different business units, but could be used to benchmark performance across business units. They may provide specific KPI benchmark levels for a process (in such terms as percentage cost savings). > Warehouse ownership. > > Product positioning – segment. >

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement 40

Talking Logistics

FEBRUARY 13, 2015

Chainalytics Introduces FMIQ Monthly Benchmarking Index. Transportation Department pushes tough oil train standards – sources (Reuters). Rand McNally Releases Game-Changing “TND™ Tablet” for Professional Drivers. December 2014 Freight Transportation Services Index (TSI). Song of the Week: “Electrolite” by R.E.M.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Logistics Supply Chain Planning Software Modeling Software 100

FLEXE

MARCH 28, 2017

Because of this, a simple activity like mapping and visualizing supply chain flows can often spark critical questions such as, “Why are materials sourced from Region A, produced in Region B, then air-shipped as finished product back to Region A?” Citations: 1: LLamasoft 2015 and 2016 Benefit Benchmarking Study.

Supply Chain Design Software 28

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 28

Supply Chain Game Changer

NOVEMBER 28, 2019

Innovators in the commoditized and competitive world of B2C parcel eCommerce made next-day delivery, short and convenient delivery windows, real-time tracking and other premium services the new standard. Source: DHL eCommerce Americas, City Freight 2019. B2B consignees expect B2C delivery experiences. Project 44. Connecting everything.

Logistics Network Optimization Software 83

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

FLEXE

MARCH 29, 2017

Because of this, a simple activity like mapping and visualizing supply chain flows can often spark critical questions such as, “Why are materials sourced from Region A, produced in Region B, then air-shipped as a finished product back to Region A?”

Supply Chain Design Software 31

Supply Chain Design Software Supply Chain Design Material Savings Sourcing Strategies 31

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

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

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

Logistics Viewpoints

JANUARY 23, 2024

This year, nearly 40,000 attendees comprising 6,200 brands from all over the world headed to the Javits Center to see what new solutions and innovations software and hardware suppliers had in store for 2024 and beyond. And if they are not, the retailer can look at alternative sources that aligns to their goals.

Supply Chain Planning Software 209

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

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. I had the opportunity to also witness the evolution of the field now known as “supply chain management” over the past 25 years.

Optimal Sourcing 40

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

Supply Chain Shaman

AUGUST 26, 2015

For more on this topic, reference my prior blog posts on Learn the Language of Demand and Driving Innovation ). In supply chain demand benchmarking, we see serious degradation of the forecast in lag 1 (30 days in the future) versus lag 3 or 4 (or 90/120 days in the future), due to the inclusion of sales data in management overrides.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

Logistics Bureau

OCTOBER 26, 2020

It can also enhance collaboration between companies by pinpointing opportunities for shared shipping, trucking, and warehousing—which in turn can have a significant impact on carbon emissions. Some, pointing to the falling costs of wind and solar energy, are demanding that their energy provider supply clean, renewably-sourced electricity.

Supply Chain Planning Software 84

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

Unleashed

AUGUST 17, 2021

Source: g2.com CAD software increases design productivity by: Improving the quality of design Providing comprehensive documentation Establishing a database for manufacturing design operations Advantages: CAD software supports rapid innovation by allowing concepts to be quickly and accurately brought to life.

Inventory Management Software 97

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

RFgen

FEBRUARY 29, 2024

At the heart of Pfizer’s mission lies a delicate balance of science, strategy, and innovation. Getting Started with Warehouse Automation DOWNLOAD NOW » Supports Supply Recovery Central to nimble supply recovery are two elements: rapid response teams and science-based solutions.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Pharmaceutical Supply Chain Software 52

Logistics Bureau

OCTOBER 26, 2020

It can also enhance collaboration between companies by pinpointing opportunities for shared shipping, trucking, and warehousing—which in turn can have a significant impact on carbon emissions. Some, pointing to the falling costs of wind and solar energy, are demanding that their energy provider supply clean, renewably-sourced electricity.

Supply Chain Planning Software 52

Supply Chain Planning Software Sustainability Supply Chain Software Supply Chain Planning 52

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. My job, as the plant engineering manager, was to drive innovation and implement technology improvement. Frank had little patience for Ed.

Agile and Lean Supply Chain 287

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 287

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

While many transportation leaders would say the greatest challenge following extreme weather events is the impact on short-term rates and budgets, the potential impact on production facilities and warehouses can be just as significant. 2023 will be the year to shore-up innovative, intuitive, intelligent solutions. Following the U.S.-China

Predictive Analytics Software 130

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Prescriptive Analytics Software 130

Logistics Bureau

JULY 21, 2017

Cross-docking operations to reduce the need for warehouse real-estate and resources. To implement automation in distribution centres and back-of-store warehouses. Direct purchases from producers or manufacturers, instead of buying through wholesalers (if your company is engaged in retail commerce). Vendor-managed inventory programs.

Cost Reduction Strategies 45

Cost Reduction Strategies Price Reduction Inventory Reduction Vendor Strategies 45

6 River Systems

DECEMBER 11, 2018

As the biggest players in fulfillment, distribution and omnichannel retail continue to push boundaries, logistics and planning strategists are forced to innovate. “Users can easily now look at your global or regional supply situation and quickly source alternates when required, but the key here is to practice your response.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

Unleashed

MARCH 9, 2021

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. Warehouse space utilisation. What is procurement?

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

FLEXE

DECEMBER 17, 2018

2018 was packed with retailers seeking out innovative and new ways to meet customers’ rising expectations, and looking to strong logistics solutions in order to implement them. 2018 D3: FUTURE-PROOF YOUR WAREHOUSE STRATEGY. With on-demand warehousing, they were able to ramp quickly to accommodate peak-season demand.

Sourcing Strategies 40

Sourcing Strategies Inventory Reduction Vendor Strategies Expense Reduction 40

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. “Think beyond your four walls to how you can better collaborate and innovate with your suppliers. Adapt to the next-gen supply chain model.

Supply Chain Planning Software 116

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

Supply Chain Game Changer

SEPTEMBER 6, 2022

They received goods into their warehouses/distribution centres. Some of the materials were sourced and managed by the customers. Still the sourcing and supplier management of other materials was delegated to our facilities. I needed to talk to the employees on the warehouse floor directly. Setting the Scene.

Optimal Sourcing 80

Optimal Sourcing Supply Chain Optimization Global Supply Chain Planning 80

Freightos

JULY 23, 2015

And it’s about to get hit by a freight train of innovation. How much do we love freight innovation? And we found that freight innovation is hot. Holland Container Innovations. Improved cargo capacity by innovative 40 foot container design (fold). airbnb), and to warehouse storage for absent small business owners.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Supply Chain Design Software San Francisco Predictive Analytics Software 120

HICX Solutions

JULY 20, 2023

There is a particular focus on supply chains due to the amount of electricity used to store and transport goods in warehouses. During the manufacturing phase, this includes sourcing raw materials, manufacturing processes, storage and distribution and is even extended to the products’ end-of-life-cycle.

Manufacturing Procurement 40

Manufacturing Procurement Supply Chain Software Supply Chain Procurement Analytics 40

Logistics Bureau

MAY 4, 2016

Performance is analysed for the key SCOR supply chain processes of Plan, Source, Make, Deliver and Return. Level 3 – a further level down; may or may not cover an entire SCOR process (Plan, Source, Make, Deliver and Return). Innovation and learning perspective – cycle time for new product development, as a case in point.

Supply Chain Performance 40

Supply Chain Performance Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 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. Retail activity is extremely seasonal, with the majority of sales occurring between March and July. Sunsweet Growers.

Cost Reduction Strategies 54

Cost Reduction Strategies Inventory Reduction Expense Reduction Price Reduction 54

GlobalTranz

OCTOBER 29, 2015

Consumers around the world enjoy Whirlpool's innovative products marketed under Whirlpool, Maytag, KitchenAid, Jenn-Air, Amana, Brastemp, Bauknecht and other major brand names. After completion of its customer-centric supply chain analysis, Whirlpool knew innovation was necessary to maintain a competitive advantage.

Case Study 120

Case Study KPI Logistics Network Optimization Software Supply Chain Design Software 120

Requis

FEBRUARY 4, 2021

There were thirty to sixty warehouses across Europe. People like forecasting because you can put numbers to it, it’s exciting, it’s new, you can aim to beat the benchmarks. If you ask three different teams for the same dataset, they’ll come back with three different numbers from three different excel files/data sources.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Optimization Modeling 52

Murano Corporation

JANUARY 19, 2016

Connecting these machines through a network allows companies to more precisely allocate physical resources such as raw materials, track maintenance and efficiency benchmarks, remotely control production lines, and more. Their open receivables have dropped. Padmansha’s management now has instant access to every aspect of their value chain.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software Modeling Software 40

Unleashed

OCTOBER 4, 2021

These examples show there isn’t a benchmark inventory management strategy that trumps all others. VMI works well for Amazon’s inventory because it puts the responsibility on the supplier to maintain the right inventory levels in Amazon’s warehouse.

Inventory Reduction 97

Inventory Reduction Vendor Strategies Inventory Management Software Waste Reduction 97