Freight Plus

MARCH 22, 2019

A typical answer we receive when we ask a perspective client if they've done a supply chain benchmark is, "what is a supply chain benchmark?". That answer is simple - a supply chain benchmark is no different than any other type of benchmark. (listen to this article). The Objective. Improve performance –. The Components.

Benchmarking 40

Benchmarking Supply Chain Planning Software Supply Chain Planning Supply Chain 40

Logility

NOVEMBER 2, 2022

Suppose a product can be manufactured in multiple plant locations, and there’s a potential warehouse only 50 miles away from 60% of your customers that regularly order it. How would you know if the revenue potential of shifting locations outweighs any cost savings or increases – or better yet how are your logistics activities impacted?

Optimal Sourcing 130

Optimal Sourcing Network Design Software Network Optimization Network Design 130

Supply Chain Movement

OCTOBER 1, 2021

A recent survey by the renowned MIT Center for Transportation & Logistics in Boston shows that the COVID-19 pandemic has had a positive effect on companies’ commitment to supply chain sustainability; 36% of those surveyed have increased their commitment, and only 9% have reduced it. The Earth is on fire!

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Vendor Strategies 78

Enterra Insights

DECEMBER 17, 2018

If consumers ever think about supply chains and how the items they desire manage to find their way into their homes, they likely picture fleets of trucks, trains, airplanes, and cargo ships — the logistics part of supply chains. That’s why so-called “last mile” logistics receive so much attention. ”[2].

Innovation 100

Innovation Logistics Network Optimization Software Logistics Analytics Software 100

Precoro

MAY 19, 2023

According to McKinsey survey of global supply chain leaders , only 53% of respondents describe the quality of data in their supply chain planning systems as “sufficient” or “high.” By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

Logistics Viewpoints

JULY 19, 2023

However, sustainability in logistics goes well beyond these initiatives. Today’s article is the third part in a series featuring surveys from APQC on supply chain topics including last mile and digital transformation. Most recently, the APQC has conducted best practice and benchmarking research on environmental sustainability.

Sustainability 193

Sustainability Optimal Sourcing Logistics Material Savings 193

The Logistics & Supply Chain Management Society

JULY 16, 2023

This results in incorrect actions and communication The service industry, like logistics service providers, distributors and retailers are not well prepared for halal issue and crisis management, endangering the effectiveness of halal risk mitigation measures by the brand owner.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

Locus

OCTOBER 25, 2023

Drawing from Locus’s comprehensive survey conducted among over 150 industry captains and leaders, Mehul offers a glimpse into the strategies and challenges surrounding last-mile delivery. Hosted by Mehul Kapadia, the Chief Revenue Officer at Locus, this webinar provides invaluable insights for businesses, particularly in Asia.

Optimization Software 52

Optimization Software Analytics Software Inventory Management Software Demand Planning Software 52

Arkieva

AUGUST 22, 2016

and a new survey reveals outsourcing in supply chain is expected to grow. New Survey Reveals Levels of Outsourcing in Supply Chain Expected to Grow by Over 40%. This includes, for example, utility suppliers, accountancy and law firms or logistics companies. How to Cut Costs When Replacing Warehouse Equipment. Source: CBR.

Canada 60

Canada Supply Chain Strategy Vendor Strategies Supply Chain Software 60

Lucas

JULY 3, 2018

WERC’s Annual DC Measures Survey is a great tool for benchmarking your distribution center and warehouse operations, but it’s also a valuable resource for identifying trends across the industry. This year’s survey showed the growing importance of labor-related metrics in assessing DC performance.

DC 11

DC Survey Supply Chain Planning Software Analytics Software 11

Logistics Viewpoints

MAY 10, 2022

At that time, my employer’s intent was to pay above-market rate for our warehouse roles. To achieve this, the company benchmarked our compensation against national retail jobs vs. local warehouse jobs. For our very physically-demanding warehouse roles, we were paid an unsustainable wage while living in an area of the U.S.

Waste Reduction 183

Waste Reduction Vendor Strategies Cost Reduction Strategies DC 183

Unleashed

APRIL 9, 2024

OTIF encompasses both the logistical efficiency of getting products to customers when they expect them and the accuracy of order fulfilment. It also reduces your inventory holding costs by ensuring that goods are not sitting idle in your warehouse for too long. Why is OTIF an important supply chain management metric?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Waste Reduction Cost Reduction Strategies 52

ToolsGroup

OCTOBER 3, 2022

For example, according to a recent PwC survey, acquiring and maintaining talent is one of the top two risks for business executives. Leaked internal research reveals Amazon is at risk to run out of workers for its US warehouses by 2024. Some headlines provide hope, with statistics showing improvement, while others give mixed messages.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

BlueYonder

JULY 14, 2021

But according to the hot-off-the-presses State of Supply Chain Sustainability Report conducted by MIT Center for Transportation & Logistics and the Council of Supply Chain Management Professionals, not even a global pandemic could slow down interest in supply chain sustainability (SCS). Waste Reduction. Sourcing Lanes.

Supply Chain Planning Software 52

Supply Chain Planning Software Sustainability Waste Reduction Supply Chain Optimization 52

Logistics Bureau

JANUARY 21, 2018

Efficient Warehousing. A lot of this can be fixed by simple changes to layout, flow and the equipment being used in the warehouse. More times than not, it’s possible to extend the useful life of a warehouse, this avoiding all the associated cost and upheaval. If you haven’t already, survey them! Outsourcing the Right Way.

Supply Chain Performance 40

Supply Chain Performance Supply Chain Design Software Supply Chain Software Resource Reduction 40

ShipBob

JULY 9, 2021

Common types of qualitative data include surveys and interviews, industry benchmarks, competitive analysis, and more. . There are different tactics used, from developing stakeholder surveys, conducting a thorough competitive analysis, or interviewing experts in a specific field or industry. . Delphi method.

Forecasting 98

Forecasting Forecasting Software Supply Chain Planning Software Supply Chain Software 98

Freightos

MAY 22, 2017

Discussing this with Cathy Roberson of Logistics Trends and Insights , she partially attributed the trucking advances to the deregulation in the 1980s, which triggered fierce competition, as well as more accessible communications across individual truckers. Option 2: Personal Banking-style Logistics Process Automation.

Customer Service 153

Customer Service Logistics Network Optimization Software Freight Predictive Analytics Software 153

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. Seeing this, we decided that it would be helpful to compile a curated list of 50 of the best tips on logistics planning and strategy that we could find.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

Logistics Viewpoints

MAY 3, 2022

In response to these rising complexities, late last year, Körber commissioned its first ever Supply Chain Benchmarking report. The results, based on a representative survey among more than 200 companies, shed unparalleled insight into key challenges in the industry, as well as best practices to improve supply chain performance and operation.

Waste Reduction 194

Waste Reduction Sustainability Vendor Strategies Supply Chain Design Software 194

Logistics Viewpoints

NOVEMBER 3, 2022

How to Get the Most Out of Your Labor Management System Using Engineered Labor Standards to Impact Warehouse Output. Ask yourself, are you able to gauge fluctuating factors in your warehouse, such as pick density, case sizes, slotting arrangements and other variables? The Difference Between SVS and MVS. Work proceeds uninterrupted.

Supply Chain Design Software 213

Supply Chain Design Software Optimization Software System Logistics Network Optimization Software 213

Logistics Bureau

JUNE 12, 2017

Most companies outsource some aspect of their Logistics. So if you are embarking on an Outsourced Logistics relationship, think about these key areas of communication: Your reasons for Outsourcing. 4 – Fixing Warehouse Capacity Issues. Video – Running out of warehouse space: [link]. What you hope to gain.

Supply Chain Design Software 40

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

GlobalTranz

SEPTEMBER 14, 2016

Use External Benchmarking Tools. Many suppliers and manufacturers may have existing, internal analytics tools, but using these tools for benchmarking processes may be ill-fated. However, 48 to 72 hours would be an ideal lead time, reports Steve Raetz of Logistics Viewpoints. This does not mean shipping a product immediately.

Material Savings 120

Material Savings Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software 120

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. Speed is important, but so is the ability to plan accurately and meet commitments.

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Strategies Resource Reduction 52

Talking Logistics

DECEMBER 6, 2017

Editor’s Note: Our “ Research in Focus ” series highlights research conducted by select partners on timely and important trends impacting supply chain and logistics professionals today. The findings were derived from an online survey of 250 executives at leading U.S. Transportation costs ranked second, and labor costs ranked third.

Optimal Sourcing 146

Optimal Sourcing Research Sourcing Trends 146

Logistics Bureau

OCTOBER 26, 2020

The risk management process as well as code of conduct surveys can be automated, while a supply chain information management system will allow suppliers to be screened for risk. For example, perhaps you have an idea that consumption of fresh water can be reduced in your warehouses or distribution centers. Invest in Education.

Supply Chain Planning Software 84

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

Logistics Bureau

MAY 31, 2016

On the other hand, products that sit in a warehouse beyond a certain period end up costing more in storage and associated expenses than their normal retail price. A survey of companies carried out by Deloitte Consulting LLP showed there was little connection between increased inventory levels and improved fill rates.

Cost Reduction Strategies 40

Cost Reduction Strategies Inventory Reduction Material Savings Expense Reduction 40

Locus

MAY 25, 2023

Since the start of 2023, we have been witnessing two news stories in the world of supply chain and logistics. In a survey conducted in 2022 of US consumers, 55% of them stated that direct delivery to home is the biggest driver of online purchase. And the demand for certain items might vary from one warehouse to another.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Modeling Waste Reduction 52

Logistics Bureau

OCTOBER 26, 2020

The risk management process as well as code of conduct surveys can be automated, while a supply chain information management system will allow suppliers to be screened for risk. For example, perhaps you have an idea that consumption of fresh water can be reduced in your warehouses or distribution centers. Invest in Education.

Supply Chain Planning Software 52

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

ShipBob

FEBRUARY 17, 2023

Take Rainbow OPTX, an online sunglasses seller: By working with their third-party logistics ( 3PL ) provider, ShipBob, to expand their 2-day shipping window to all customers, the brand experienced a drastic increase in how much their customers were willing to spend. Are you actually making any money off the sale when it is all said and done?

Price Reduction 105

Price Reduction Cost Reduction Strategies Inventory Reduction Expense Reduction 105

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. This is even more acute considering the sector relies heavily on transport and logistics. Each has a crucial role in monitoring, managing and reducing carbon emissions.

Manufacturing Procurement 40

Manufacturing Procurement Supply Chain Software Supply Chain Procurement Analytics 40

Supply Chain Game Changer

FEBRUARY 4, 2020

This includes having extensive knowledge of best practices, capabilities and benchmarking across all industries everywhere. With end to end connectivity of all aspects of the Supply Chain leaders need to be able to comfortably survey the entire landscape and make informed decisions in real time.

Education 67

Education Negotiating Skills Supply Chain Design Software Supply Chain Planning Software 67

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.

Cost Reduction Strategies 54

Cost Reduction Strategies Inventory Reduction Expense Reduction Price Reduction 54

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. “As the logistics industry faces extraordinary pressures, maintaining a culture of compliance is more critical than ever.

Supply Chain Planning Software 116

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

Logistics Bureau

MAY 4, 2016

On surveying its corporate customers, however, the company discovered that product standardisation and reliability were often more important to its business clientele, and adjusted its offering and its metrics appropriately. Conversely, asking the right questions of the right entities can help supply chains do and measure the right things.

Supply Chain Performance 40

Supply Chain Performance Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 40

KEPLER Consulting

NOVEMBER 24, 2017

Sticking to logistics origins, we could stand our ground on initial Supply Chain Management definition (a system reaching all processes, flows and resources needed to deliver the right product/service at the right place, in the right timing, with the right quality, quantity and cost). KEY TOPIC? TECHNOLOGICAL. REVOLUTION.

Supply Chain Design Software 40

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

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.

Material Savings 105

Material Savings Cost Reduction Strategies Expense Reduction Price Reduction 105