Logistics Bureau

DECEMBER 4, 2023

One factor that stands out to me as a highlight of their IM strategy is their seemingly chaotic approach to warehouse layout. At that point, each SKU will be taken to any convenient storage location in the warehouse. This process ensures that Amazon’s warehouse management system records the location of every item in the facility.

Inventory Reduction 72

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 72

Supply Chain Shaman

NOVEMBER 15, 2021

Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Sitting waiting for a confirmed booking.) Especially grievous are the gaps between finance and operations, manufacturing and procurement, and the operations and commercial teams. The gaps between business leaders grew.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

Supply Chain Shaman

NOVEMBER 15, 2021

Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Sitting waiting for a confirmed booking.) Especially grievous are the gaps between finance and operations, manufacturing and procurement, and the operations and commercial teams. The gaps between business leaders grew.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

Supply Chain View from the Field

MAY 13, 2014

Gerard Chick and I are working on a new book, that is effectively questioning whether procurement, as we know it, is on the right track, and if not, what it will take to get it back on track. One of the first questions we begin with in the first chapter is, if indeed, procurement is a profession.

Procurement 104

Procurement Purchasing Skills Pricing Training Buyer Training 104

SYSPRO Smarter ERP

DECEMBER 11, 2023

It can track, manage and report the book value and depreciation of fixed assets. For period-end, companies can close the books quicker and report financials accurately. The organization can work from a single version of the truth with all data residing in a single source.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software 52

QAD

DECEMBER 10, 2019

Consider a story from Seth Stephens-Davidowitz’s book, Everybody Lies on the topic of big data. Is material accurately tracked from the warehouse to the shop floor? Manufacturers we work with often mention the desire for a single source of truth and quicker access to information that improves decision-making with suppliers.

Manufacturing Procurement 134

Manufacturing Procurement Real-time Visibility Inventory Reduction Cost Reduction Strategies 134

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. It includes all of its elements: customers, sales channels, products, warehouses, logistics network, and the interactions between them. This includes internal and external data sources.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 261

Requis

OCTOBER 30, 2020

He provides a wide array of educational content for supply chain practitioners, including the Supply Chain Secrets channel on YouTube and a number of books, including his latest, Supply Chain Secrets. People are still worried about having efficiencies in their warehouses, making sure they’re laid out properly, and having the right processes.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 52

Logistics Viewpoints

JULY 8, 2022

Although the company has not disclosed details, it is believed to be having trouble procuring parts for Bluetooth wireless communications components used in the controllers and main units as well as analog chips for controlling currents. Nintendo is having negotiations on procurement, but the outlook is uncertain. 1, said the memo. “U.S.

Negotiating Skills 204

Negotiating Skills Negotiate Pricing Logistics Network Optimization Software Los Angeles 204

SCMDOJO

APRIL 4, 2023

Read More: 10 Must-Read Supply Chain Analytics Books for 2023 ] The benefits of SCM analytics are numerous. To accomplish this, supply chain analytics collects, analyzes, and synthesizes data from a wide variety of sources. Examples of such analyses include the performance of a supply chain or the inventory levels of a warehouse.

Prescriptive Analytics Software 110

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 110

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

Freightos

NOVEMBER 11, 2021

Shippers using Amazon to ship to Amazon warehouses would either have to split shipments prior to exporting, which could create more complexities or pay Amazon to split the shipment after import. With direct shipper booking from carriers, shippers have more options and could make the best free-market choice, between forwarders and carriers.

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

Supply Chain Game Changer

NOVEMBER 13, 2018

Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more. Source: [link] ). Source: [link] ). Source: [link] ). Source: [link] ).

Supply Chain Design Software 72

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Optimal Sourcing 72

Kanban Logistics

MAY 25, 2022

By holding this inventory on your books, you’re doling out money for assets that won’t turn into cash any time soon. The 3PL gives the supplier secure visibility to its warehouse management system (WMS) to manage min/max levels. Third-party procurement. Improve cash flow – pay for goods only when they ship.

Material Savings 52

Material Savings Inventory Reduction Waste Reduction Vendor Strategies 52

Logility

DECEMBER 4, 2018

While head deep in this struggle to build a business case for supply chain process, structure and technology improvements I came across a little blue book edited and compiled by Dick Morreale and published by the Council of Logistics Management Southern California Roundtable.

Optimal Sourcing 113

Optimal Sourcing Modeling Optimization Software Supply Chain Optimization 113

ThroughPut

OCTOBER 16, 2022

Optimized Warehouse Management. Warehouse management is integral to all supply chains, especially at the replenishment level. To ensure that backflow in the supply chain doesn’t drag all the way back to raw material procurement, it is necessary to monitor intermediate checkpoints such as warehouses, transport operations, and so on.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Modeling Supply Chain Planning Software 52

Locus

JUNE 3, 2022

Source: Statista.com. Download our E-Book on Supply Chain Sustainability and Profitability with Green Logistics. Planning : Processes are designed to reduce emissions and meet demand with ethical sourcing. Ethical sourcing of goods. In the case of manufacturers, it means procuring green and sustainable raw materials.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

Supply Chain Game Changer

JANUARY 5, 2021

Featuring Our 12 Best Procurement Articles! Purchase Price Variance, or PPV, is a common term in the realm of Purchasing/Procurement and Finance. For others it is tightly managed, actioned and used to determine Procurement’s effectiveness in either reducing losses or generating profit. Get OUR EBOOKS HERE. Spot buying.

Pricing Training 82

Pricing Training Purchasing Skills Purchasing Training Negotiating Skills 82

Supply Chain Opz

NOVEMBER 9, 2014

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. Therefore, a firm would be well served to develop a supply chain strategy as described in my book: Supply Chain Transformation. But, it can be overdone.

Waste Reduction 274

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

Requis

MARCH 10, 2020

Paul Hawken’s 1993 book “ The Ecology of Commerce ” has many more examples (mostly from Europe) of companies that use waste products from other industries as cheaper alternatives to raw materials and even energy sourcing. In our experience, at least 10% is idle surplus, sitting in warehouses and storage yards.

Manufacturing Procurement 52

Manufacturing Procurement Material Savings Sustainability Waste Reduction 52

ThroughPut

SEPTEMBER 27, 2021

The touchpoints can indicate the need for expedited procurement, new vendor relationships, or enhanced delivery speeds. Warehouse Stock Levels. The warehouse stock levels are a key indicator of how demand fulfillment will unfold. Warehouse Management. External Replenishment Triggers. Process-Oriented Replenishment .

Inventory Reduction 52

Inventory Reduction Vendor Strategies Optimal Sourcing Modeling 52

Elementum

MAY 19, 2022

The US alone houses ten billion square feet of warehouse and distribution space. In simplest terms, supply chain management is the coordination of several discreet disciplines to move goods from sources, to suppliers, to customers with optimal efficiency. That means that more than 4,000 shipments are delivered every second.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 78

NC State SCRC

JUNE 27, 2017

In my earlier book with Gerard Chick on “ The Procurement Value Proposition “, we advance the notion that buildoing a business case for investing in people, process, and technology improvement in procurement is key. This is effectively a “snapshot” in time. and “What is the potential return on investment?

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement 40

Supply Chain Opz

MARCH 26, 2015

Most inventory control and operations management books tell people to choose a forecasting model that produces the lowest forecast errors. However, notation can be different from one book to the other but they follow the same logic. Imagine an inventory controller reserves the items but warehouse workers can't find where they are.

Inventory Reduction 113

Inventory Reduction Inventory Forecasting Manufacturing Procurement 113

Logistics Bureau

APRIL 3, 2023

Access to Economies of Scale By outsourcing manufacturing, logistics, or other supply chain support activities such as procurement , your company may access the economies of scale enjoyed and passed on by specialist service providers. Your organisation may be one of many that a contract partner serves.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

Requis

AUGUST 13, 2020

12 trillion: the annual procurement spend by the Global 2000 (our estimate based on several sources, see image below). $3 trillion: the overall capex (procurement) spend for global energy in the past three years according to the World Energy Investment 2020 report by the IEA (who predicts a reasonable 20% decline in 2020). $25

Optimal Sourcing 64

Optimal Sourcing Supply Chain Design Software Material Savings Asset Management 64

The Logistics & Supply Chain Management Society

JULY 21, 2020

This has proved to be a major source of risk. Poor business continuity planning, lack of risk management programs and single source suppliers, have magnified the impact of such risks. A significant paradigm shift in procurement and inventory control is an emerging area of focus.

Supply Chain Planning Software 233

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Agile and Lean Supply Chain 233

Supply Chain Shaman

MAY 30, 2019

In parallel, three more raised their hands to speak on robotic automation in their warehouses focused on the redefinition of channel fulfillment. Meanwhile, warehouse robotics is staging a market shift. For the CFO, end-to-end is a focus on transactional flows like order-to-cash and procure-to-pay. My forecast?

Inventory Reduction 197

Inventory Reduction Waste Reduction Cost Reduction Strategies Sourcing Strategies 197

Supply Chain Game Changer

JUNE 8, 2021

There is so much to learn in many functions of supply chain, whether it is IT tools, planning and buying, commodities, global supplier management, logistics, warehousing. Do you want to focus on the Procurement side of things, or more on the Logistics and Planning side? Kristie Syndikus, VP Procurement at Maple Leaf Foods.

Negotiating Skills 97

Negotiating Skills Purchasing Skills Industrial Industry 97

Enterra Insights

FEBRUARY 20, 2019

Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more.”[2] To make that point, Mortson lists ten different definitions for the term from various sources.

Supply Chain Planning Software 113

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 113

Unleashed

DECEMBER 15, 2022

An inventory management platform that controls and tracks production, from supply chain through warehousing and manufacturing down to picking and shipping, supported by data from the CRM. While all three software may have been procured from different vendors, they all integrate and speak to one another seamlessly.

Inventory Management Software 97

Inventory Management Software Supply Chain Design Software Forecasting Software Supply Chain Planning Software 97

Supply Chain Shaman

NOVEMBER 9, 2014

The team was organized around the functional silos of source, make and deliver. I believed that we would find a company with the lowest distribution costs (warehousing and transportation), and the lowest manufacturing costs, and this would result in the best overall cost structure. The publication of a book takes a couple of years.

Manufacturing Procurement 285

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 285

Precoro

AUGUST 31, 2023

For instance, they can do so by improving operational processes, making cost-efficient decisions on personnel, initiating work environment changes, upgrading technology, sourcing strategically, and so on. Cost saving is about finding an efficient way to keep the expenses on the books but reduce their monetary value.

Material Savings 105

Material Savings Cost Reduction Strategies Expense Reduction Price Reduction 105

Supply Chain Shaman

JUNE 21, 2016

I did not understand warehousing and transportation until reassignment to a logistics role in 1985. In the traditional supply chain world, the processes of sell, deliver, make, source, and plan are separate and distinct. This lack of alignment is an impediment to improving balance sheet results. The metrics reward functional thinking.

Supply Chain Design Software 161

Supply Chain Design Software Supply Chain Planning Software Network Design Software Modeling 161

American Global Logistics

DECEMBER 5, 2023

These partners manage everything from warehousing to last-mile delivery, enabling Amazon to deliver its products quickly and efficiently to customers all over the world. See Drucker’s book, The New Realities , 1990.) Access to Funding: Partnerships can provide access to additional funding sources.

3PL 52

3PL Negotiating Skills Resource Reduction Supply Chain Planning Software 52

Requis

NOVEMBER 18, 2020

Today, as the founder and managing partner of USM Supply Chain Consultants she has put her expertise in supply chain, procurement, finance and project management to work to help her clients achieve greater profitability. In the end-to-end supply chain there’s procurement, logistics, operations, and warehousing.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Optimization Software 52

Talking Logistics

APRIL 21, 2017

Now, moving on to this week’s supply chain and logistics news… Amazon won a patent for an on-demand clothing manufacturing warehouse (Recode). Oracle Warehouse Management Cloud Update Helps Businesses Scale Logistics to Meet Multi-Channel Demand. Source: Amazon patent.

Supply Chain Design Software 0

Supply Chain Design Software Logistics Network Optimization Software Demand Planning Software Manufacturing Procurement 0