The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Many companies buy forward inventory ahead of tariffs being implemented. This strategy, however, may incur additional warehousing and storage costs, and firms may experience accounting challenges where an inventory is considered an asset, which could affect cash flow. Operational strategies. Buying forward. The “first-sale” rule.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

Supply Chain Opz

MAY 1, 2018

Delivering Customer Value through Procurement and Strategic Sourcing Many people don't know that procurement is a part of integrated logistics. In logistics management literature, procurement is also called "Inbound Logistics" or management of incoming materials. However, there is so much more about modern transportation.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Logistics Material Savings 100

Supply Chain Opz

APRIL 1, 2018

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. Who is it for?: Our Rating: 4.9

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Material Savings Inventory Reduction 100

Supply Chain Shaman

SEPTEMBER 3, 2018

Over the last six years, we studied the connection between business results (growth, operating margin, inventory turns and Return on Invested Capital (ROIC)) and the link to company characteristics. We like the metrics of growth, on-time and in-full orders, operating margin, inventory turns, and Return on Invested Capital (ROIC).

Supply Chain Planning Software 311

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 311

SCMDOJO

AUGUST 21, 2023

Through immersive case studies and real-world anecdotes, she kindles a revolution in supply chain practices, fostering a vibrant community of enthusiasts. These insights guide businesses in forming high-performing procurement teams, thereby fostering a seamless and efficient supply chain network.

Negotiating Skills 97

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 97

Supply Chain Game Changer

MAY 5, 2021

Companies have leveraged digital tools, and evolving skills, to collect vast data about product or raw materials sourcing, transportation, logistics, and manufacturing. They use advanced ERP software and S&OP strategy to match supply with demand, and turn over inventory faster and faster.

Sourcing Strategies 52

Sourcing Strategies Material Savings Inventory Reduction Cost Reduction Strategies 52

Kanban Logistics

AUGUST 13, 2020

This includes the procurement and delivery of the parts used to build the finished product. Third-party procurement. Right now, your buyers probably spend a good percentage of their time negotiating with, and procuring goods from, makers of boxes, nuts, bolts, and other consumable parts and materials. What is inbound logistics?

3PL 98

3PL Manufacturing Procurement Logistics Network Optimization Software Material Savings 98

Vanguard Software

JULY 20, 2021

Whereas supply planning projects and manages inventory or supply to meet consumer demand. Organizations can then make shrewd business decisions about inventory and production. Supply planning includes distribution, manufacturing, and procurement. Also, the less time inventory spends in warehouses, the fewer carrying costs.

Supply and Demand 52

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

SCMDOJO

MARCH 25, 2024

Pursuing a degree in these areas will equip you with the fundamental knowledge of supply chain principles, such as procurement, inventory management, logistics, and operations strategy. Master TMS Tools : Learn the ins and outs of transportation management systems to see how they optimize the shipping process, saving time and money.

Negotiating Skills 85

Negotiating Skills Supply Chain Software Supply Chain Network Software Analytics Software 85

Supply Chain Opz

MAY 25, 2013

Case Studies. Muller explained in a very comprehensive manner about how "movement" of each type of soldiers should be done which included marching, transportation, wheeling, advancing, formation, transport of heavy guns, how to cross the river etc. Here at resupply points, inventory was stored for up to 8 days.

Supply Chain Planning 248

Supply Chain Planning Supply Chain Strategy Military Supply Chain 248

Supply Chain Matters

JULY 28, 2023

From our lens, the global wide Covid-19 pandemic provided ample evidence of the fragility of healthcare supply networks including the sourcing of critical drugs within Asian and other countries, subject to disruptions by natural disaster, effects of climate change or disruptions to global transportation. and other countries.

North Carolina 52

North Carolina Supply Chain Network Software Manufacturing Procurement Supply Chain Planning Software 52

Unleashed

MARCH 2, 2022

If you already know what Kanban is and just want the case studies, scroll down! This is a radical shift from more traditional processes where demand is predicted in advance and materials are bought in bulk to reduce supply chain costs, such as transport. Table of Contents. What is Kanban?

Manufacturing Procurement 98

Manufacturing Procurement Agile and Lean Supply Chain Lean Examples 98

Supply Chain Shaman

OCTOBER 8, 2019

Granular data by volume is a must to be able to manage replenishment, network design, and inventory targets. The data in Table 1 is from a recent research study. A simplistic view is that supply chain excellence is the trade-off of cost, inventory and customer service. Most budgets are completed in currency at a brand level.

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

Supply Chain Matters

AUGUST 15, 2022

Inventory Glut of Bicycles. In retrospect, they collectively ordered too much finished goods inventory from offshore supply sources. Cited are interviews with dealers who indicated multiple lost sales during the initial lockdown periods, because of not having any new bikes in inventory. West Coast were in excess of 200 days.

Inventory Reduction 52

Inventory Reduction Customer Service Price Reduction Cost Reduction Strategies 52

American Global Logistics

SEPTEMBER 12, 2023

It involves coordinating and integrating various activities, from procurement to production to distribution, to ensure the seamless flow of goods and services. Lean manufacturing and just-in-time production minimize waste and inventory levels while maximizing efficiency. This innovation significantly increased efficiency.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Supply Chain Software 52

Supply Chain Shaman

JANUARY 21, 2014

Companies are stuck at the intersection of inventory turns and operating margin. Many supply chain consultants will quickly rattle off case studies and proof points, but the smart supply chain leader will ground the discussion with clear definitions. Slowly the words take definition in everyday speech. Growth has slowed.

Supply and Demand 323

Supply and Demand Modeling Demand Planning Software Forecasting 323

Logistics Bureau

JANUARY 7, 2020

Mini Case Study: Walmart. Pioneered the use of vendor-managed inventory. Implemented cross-docking in its supply network to enable inventory reductions. Mini Case Study: Whirlpool. Inventory shortages. If it doesn’t align with the objectives of your business, you have some work to do. .

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Vendor Strategies Supply Chain Design Software 101

NC State SCRC

MARCH 25, 2021

Because procurement executives were so focused on cost, they did not worry about shipment velocity. Likewise, the focus became on reducing transportation costs – which led to container ships getting bigger and bigger over time. For many years, as we moved to low cost countries, the shipping industry benefited.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Cargo Waste Reduction Material Savings 52

Talking Logistics

MARCH 4, 2016

Second, we just released our second Talking Logistics YOUniversity course, Building a Strong Transportation Management Foundation. In recent quarters, Target has struggled with inventory shortfalls as it tried to cater to online and in-store shoppers at the same time.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Planning Software Forecasting Software Supply Chain Network Software 0

ToolsGroup

JANUARY 5, 2016

Now companies have started outsourcing supply chain business processes like planning, direct procurement, order management, inventory optimisation and reverse logistics. Do your homework on the company, read some of their case studies, and contact existing customers.

Supply Chain Planning Software 120

Supply Chain Planning Software Resource Reduction Cost Reduction Strategies Price Reduction 120

o9 Solutions

MAY 26, 2021

The need to respond to those changes while maintaining margins, service, and efficiencies with optimal planning of inventory, sourcing, transportation, and fulfilment. and carefully procure and place inventory, they constantly face operational issues during execution. Making Control Towers Cognitive. labor) shortages.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Modeling Material Savings 52

o9 Solutions

MAY 26, 2021

The need to respond to those changes while maintaining margins, service, and efficiencies with optimal planning of inventory, sourcing, transportation, and fulfilment. and carefully procure and place inventory, they constantly face operational issues during execution. Making Control Towers Cognitive. labor) shortages.

Manufacturing Procurement 52

Manufacturing Procurement Modeling Supply Chain Planning Software Optimal Sourcing 52

PINC

JULY 29, 2020

PINC’s platform is currently utilized by an array of Fortune 1000 enterprises and gives companies a cost-effective way to move inventory faster and optimize their supply chain. “We are very grateful for this award during one of the most challenging years of this century,” said Rafael Granato, Vice President of Marketing at PINC.

Supply Chain Planning Software 26

Supply Chain Planning Software Supply and Demand Demand Planning Software Optimal Sourcing 26

OptiProERP

APRIL 19, 2022

Advanced Planning identifies the demand for multi-plant entities and consolidates orders for more efficient procurement. You can use Material Requirement Planning (MRP) to automate purchasing and production to ensure inventory levels are optimized and available. Advanced Planning and Scheduling Use Case Example.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Scenario Planning 52

Supply Chain Matters

MAY 9, 2023

The Supply Chain Learning The multi-industry supply chain learning is extensive and will remain the subject matter of many current and future business case study and educational texts. Inventory levels in retail channels remain at high levels because of bullwhip excess ordering.

Supply Chain Planning Software 52

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

ShipBob

APRIL 15, 2024

That means you must see a sufficient return on your inventory investment. In other words, you need to make more money selling your inventory than you spent to acquire, store, and fulfill orders with it. In this post, we’ll cover what GMROI is and why it’s important for your retail inventory management.

Inventory Reduction 52

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 52

Requis

SEPTEMBER 30, 2019

He is also a graduate of the Supply Chain Management program at MIT’s Center for Transportation and Logistics. Supply chain is a relatively new discipline that rose out of the procurement, logistics, and operations disciplines. If you buy in larger quantities, you sink more working capital into inventory, and add warehousing costs.

Supply Chain Planning Software 40

Supply Chain Planning Software Logistics Network Optimization Software Predictive Analytics Software Procurement Solutions 40

Requis

SEPTEMBER 30, 2019

He is also a graduate of the Supply Chain Management program at MIT’s Center for Transportation and Logistics. Supply chain is a relatively new discipline that rose out of the procurement, logistics, and operations disciplines. If you buy in larger quantities, you sink more working capital into inventory, and add warehousing costs.

Supply Chain Planning Software 40

Supply Chain Planning Software Logistics Network Optimization Software Predictive Analytics Software Procurement Solutions 40

Logistics Bureau

MAY 24, 2019

The following five mini case studies explore a few high-profile companies that have managed to sustain their supply chain cost-reduction efforts and keep expenses under control. The Supply Chain Cost Reduction Challenge: Somehow, Intel had to reduce the supply chain costs for the Atom chip, but had only one area of leverage—inventory.

Cost Reduction Strategies 54

Cost Reduction Strategies Inventory Reduction Expense Reduction Price Reduction 54

BlueYonder

MARCH 31, 2015

Three case studies across predictive and prescriptive analytics were discussed by Prof. He also provided a heuristic solution to the truck packaging problem that helps negotiate the number of trucks to be booked for transportation. Dinesh Kumar from IIM Bangalore.

Optimal Sourcing 40

Optimal Sourcing SCM Negotiating Skills Modeling 40

Logistics Bureau

MARCH 19, 2020

Almost 75 percent of US companies are experiencing capacity shortfalls in their supply chains, due to Coronavirus-linked transport disruptions , a new study has shown. The US auto industry is expected to follow suit as stockpiled inventory becomes depleted. When the Going gets Tough, the Smart get Smarter.

Pharmaceutical 52

Pharmaceutical Supply Chain Strategy Manufacturing Procurement Supply Chain 52

SCMDOJO

JANUARY 23, 2023

It covers major supply chain processes such as managing supply and demand, warehousing, inventory control, transportation, and route optimization. It covers the three main procedures that make up effective supply chain planning: demand planning, sales and operations planning, and inventory and supply planning.

Prescriptive Analytics Software 119

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 119

IQMS

JULY 11, 2019

Asset Management, Supply Chain Management, and Inventory Management are the hottest areas of artificial intelligence, machine learning and IoT adoption in manufacturing today. Machine learning is predicted to reduce costs related to transport and warehousing and supply chain administration by 5 to 10% and 25 to 40%, respectively.

Manufacturing Procurement 42

Manufacturing Procurement Optimal Sourcing Modeling Manufacturing 42

Logistics Bureau

DECEMBER 3, 2017

SCLA includes case studies and examples of network-design problems and solutions, as well as tips and techniques for improving and optimising distribution networks. We also cover production and manufacturing to some extent, and touch on other functional areas such as human resources and procurement. Inventory management.

Education 40

Education Purchasing Skills Buyer Training Supply Chain Design Software 40

Infosys Supply Chain Management

JANUARY 13, 2014

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Case Studies. |. Todays WMS is a tightly integrated code between the intrinsic WMS functions like receiving, put away, inventory, picking, packing and shipping, which are the primary functionalities.

Supply Chain Planning Software 29

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 29

Infosys Supply Chain Management

FEBRUARY 8, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Case Studies. |. Let us take an initiative such as Inventory Optimization as an example. Business Process Outsourcing. Customer Service. Finance & Accounting. Human Resources. Product Categories.

Optimal Sourcing 34

Optimal Sourcing Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Optimization 34

Infosys Supply Chain Management

AUGUST 29, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Case Studies. |. The habit of constantly monitoring real time manufacturing process through iPad and take real time decisions can drastically lead to waste reduction and optimal inventory. Human Resources.

Supply Chain Planning Software 22

Supply Chain Planning Software Supply Chain Software Manufacturing Procurement Optimal Sourcing 22