LeanCor

SEPTEMBER 11, 2013

2 Key Inventory Metrics Your Logistics Company Should Be Measuring. ADOH represents how much inventory a process has stored expressed in terms of how many days that process could sustain activity by consuming the stored inventory. ADOH is an appropriate measure of lead time your logistics company should use because replenishment is based on consumption, and eliminating the time between consumption and replenishment reduces waiting and increases velocity.

Company 201

Company Logistics Inventory Sustainability 201

LeanCor

DECEMBER 4, 2013

Does Your Logistics Company PFEP? Creating standard ordering processes is crucial for a logistics company to provide value to its customer. When a logistics company sets new standards for ordering, it requires major changes in the way the customer’s team members work and how suppliers receive orders. Building a PFEP (Plan for Every Part) file is one of the most effective ways for a logistics company to create standardization in an ordering process.

Company 179

Company Logistics Packaging Lean 179

Logistics Trends and Insights

AUGUST 16, 2020

Census Bureau inventory data, for June, indicates the need for inventory replenishment as the seasonal-adjusted sales to inventory ratio declined to 1.37 Total business inventories declined 2.3% for June/May while inventories declined 5.8% Inventory Replenishment.

Inventory 85

Inventory Electronics California Automotive 85

Talking Logistics

SEPTEMBER 4, 2018

What is Inventory Management? For Manufacturing it’s about carrying zero or minimum inventory. For Logistics the focus is on high inventory turns. Inventory Management is about having a right balance of expectations from different functions of the supply chain.

Inventory Management 113

Inventory Management Inventory Industrial Industry 113

Cerasis

AUGUST 18, 2015

With an ever-increasing pool of third-party logistics (3PL) providers to outsource shipping needs to, understanding how to select the best 3PL is the difference between reaching your existing customers and gaining a new market share. Many different factors have been previously discussed on specific details of selecting a 3PL , but have you truly learned how to identify the top-notch 3rd Party Logistics Companies from the fly-by-night, intermediary 3rd Party Logistics Companies?

Company 253

Company Logistics Predictive Analytics Analytics 253

Cerasis

OCTOBER 27, 2015

Today we continue our series on successfully working with a logistics company, often called a third party logistics company by focusing on how to properly understand the success of the engagement by knowing all the key performance indicators that a shipper could put in place. We will then finalize the series on logistics key performance indicator success management with practical techniques to carry through the academic subjects we've covered thus far. .

Company 241

Company Six Sigma KPI Logistics 241

LeanCor

JULY 15, 2013

When dealing with the inherent complexities of supply chain logistics, many companies come to a point when they may wish to use a third party logistics company to manage their supply chain. Using a third party logistics company to manage the supply chain frees up your company’s resources and allows your business to focus on its own core competencies.

Third Party Logistics 131

Third Party Logistics Company Logistics Supply Chain 131

ToolsGroup

AUGUST 28, 2018

Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions (that's him on the left), sat down with me to discuss how manufacturers optimize their inventories. It then uses this model to understand the impact of demand forecasting on inventory.

Inventory 170

Inventory Manufacturing Forecasting Analytics 170

Cerasis

JANUARY 8, 2015

What is Lean Inventory Management? More firms are implementing lean inventory management techniques to reduce costs, improve flexibility and have more time to focus on their customers. Lean supply chain and inventory management enable Small Medium Businesses (SMB) to improve efficiency and increase profits. What is Lean Inventory Management? Flow: Understand how inventory flows in your warehouse and apply Lean principle: 5S to clear any obstacles that do not add up.

Lean 263

Lean Inventory Six Sigma Inventory Management 263

Logistics Bureau

SEPTEMBER 28, 2020

SUMMARY: Because 4PL providers handle a company’s entire chain, including challenges that are thrown up by advances in technology, they are increasingly being favoured over third-party logistics (3PL) providers, especially by big companies with complex supply chains.

Third Party Logistics 68

Third Party Logistics Phoenix Company Australia 68

Talking Logistics

SEPTEMBER 24, 2018

The research focused on the inventory visibility and optimization challenges that companies face today related to omni-channel fulfillment and the actions they should take to elevate their omni-channel performance.

Inventory 119

Inventory SCM Canada Report 119

ToolsGroup

AUGUST 28, 2018

Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions (that's him on the left), sat down with me to discuss how manufacturers optimize their inventories. It then uses this model to understand the impact of demand forecasting on inventory.

Inventory 156

Inventory Manufacturing Forecasting Analytics 156

LeanCor

NOVEMBER 18, 2013

Companies like Amazon are partnering with the United States Postal Service (USPS) for Sunday Deliveries and testing same-day delivery in major cities, while companies like FedEx and UPS already market same-day delivery capabilities. The obvious challenge for companies that lack critical volume is that same day delivery is expensive – far more expensive than customers are willing to pay. Inventory Management Strategy.

Inventory Management 208

Inventory Management Inventory Exercises United States 208

Talking Logistics

MAY 6, 2019

Note: The following is an excerpt from “ Omni-Channel Logistics Leaders: 5 Key Insights to Improve Inventory Performance for 2019 ,” based on research conducted by Adelante SCM and LEGACY Supply Chain Services with input from nearly 100 supply chain professionals from retail, manufacturing, and logistics service providers companies in the United States and Canada. And it begins with improving their inventory accuracy. The Inventory Accuracy “Confidence Gap”.

Inventory 85

Inventory Survey Third Party Logistics DC 85

Supply Chain Game Changer

MARCH 26, 2020

Featuring Our 10 Best Inventory Management Articles! Inventory Management Best Practices article originally published by, and permission to publish here provided by, Dave Joseph at veridian.info. Supply chain leaders are continuously looking for ways to improve inventory management, and the role of technology in the supply chain offers significant advantages. Use ABC Analysis to Categorize Your Inventory. Recognize the Relationship Between Sales and Inventory.

Inventory Management 79

Inventory Management Inventory Omnichannel Supply Chain 79

Cerasis

NOVEMBER 20, 2018

As e-commerce growth accelerates, shippers are working overtime to manage available inventory. It catalyzed brick-and-mortar retailers to offer online shopping opportunities, which require much more than manual inventory management practices.

Inventory Management 190

Inventory Management Inventory Retail Omnichannel 190

Supply Chain Game Changer

JULY 30, 2020

Featuring Our 10 Best Inventory Management Articles! Inventory Shrinkage article and permission to publish here provided by Jake Rheude at redstagfulfillment.com. There are many terms for inventory shrinkage: warehouse shrinkage, product shrinkage, loss of product. ECommerce businesses experience inventory shrinkage when items are damaged on warehouse shelves or disappear during shipping or receiving. The best way to explain inventory shrinkage is an example.

Inventory 48

Inventory Third Party Logistics Training Security 48

PINC

AUGUST 28, 2020

According to a research study we recently conducted (to be published soon), companies recognize that having digital yard management capabilities provides a range of business benefits beyond the yard. Source: Above the Fold: Supply Chain Logistics News (August 28, 2020).

Logistics 130

Logistics Warehousing Study Research 130

ToolsGroup

JUNE 11, 2019

With all the buzz around digital transformation, someone peering in from outside supply chain may assume most businesses have already digitized essential tasks like inventory planning. It’s about learning to transition from long-held inventory systems and processes, having new conversations across logistics and sales, and the shifting role of supply chain planners. This article will share five things you need to know about optimizing inventory in the digital age.

Inventory 203

Inventory Forecasting Tools Inventory Management 203

PINC

APRIL 29, 2020

In these uncertain times, companies are turning to technology to help them comply with social distancing rules and to keep their workers and drivers safe in any conditions. sees technology as a key enabler for companies that are implementing new driver and safety measures. “As

Inventory 141

Inventory DC Beverage Electronics 141

ToolsGroup

FEBRUARY 5, 2019

Gartner analyst Paul Lord has developed a framework to better understand inventory trade-offs by categorizing those decisions according to the objectives they are meant to achieve: structural, operational and situational. Many companies struggle with decisions such as “How many days of sales or inventory turns per year should we target? or “How can we reduce inventory and improve our balance sheet?”. Structural inventory is a direct result of design choices.

Inventory 120

Inventory North America Analysis Europe 120

Cerasis

AUGUST 28, 2018

On today’s episode, we welcome Margaret Bendis, US Marketing Specialist for a company called EazyStock a cloud-based software-as-a-solution (SaaS) that optimizes inventory management. What is the future of digitization as it relates to inventory management.

Inventory Management 197

Inventory Management Tools Inventory eBook 197

DELMIA Quintiq

APRIL 11, 2014

Digital logistics – success through networking. Logistics and IT are growing even more closely together. Digitalisation as a central element is decisively influencing the development of logistics and its concepts,” was the conclusion from Roman Stiftner, President of BVL Austria. The underlying question is: How can information technology processes and results in production logistics be improved? The company decided on Quintiq’s planning solution.

Company 120

Company Manufacturing Logistics Austria 120

PINC

APRIL 6, 2020

UNION CITY, CA – April 6, 2020 — Food Logistics , the only publication exclusively dedicated to covering the movement of product through the global food supply chain, has named Matt Yearling, CEO of PINC to its 2020 Food Logistics Champions: Rock Stars of the Supply Chain award.

Food 130

Food Logistics Supply Chain Internet of things 130

Logistics Viewpoints

AUGUST 24, 2015

When a company is looking to reduce their freight spend, while maintaining or improving service levels, there are two main paths they can take. Food & Beverage Industry Inventory Management Logistics Outsourcing Supply Chain Optimization Transportation Management Systems inventory Mananged Transportation optimization TMSThey can buy and implement a transportation management system (TMS).

Transportation 215

Transportation Inventory 3PL Freight 215

Cerasis

OCTOBER 2, 2018

Yet, as few as 33 percent of shippers have taken advantage of a transportation management system (TMS), reports Michael of Levans of Logistics Management. What Are the Challenges in Managing E-Commerce Logistics? E-Commerce LogisticsE-commerce is in the middle of a boom.

Logistics 268

Logistics Shipping Reverse Logistics Freight 268

Enterra Insights

JUNE 11, 2019

Every business person who deals with inventory management is involved in a balancing act. Keep too little inventory on hand and you risk losing sales and, on occasion, customers. Keep too much inventory on hand and the costs add up resulting in lower profits. It’s little wonder inventory management systems have gained popularity. ”[1] He adds, “Even with all this power, there are several disadvantages to inventory control worth considering.”

Inventory Management 100

Inventory Management Inventory Forecasting SCM 100

PINC

OCTOBER 29, 2019

If you happen to be in the Toronto area or are planning to attend the Distribution Logistics Summit in the first week of November in Toronto, Canada, I would like to invite you to attend the panel titled The Bionic Supply Chain. According to industry experts, there are two primary well-known forces driving investments in technology in the supply chain and logistics industry: Customer demands and workforce shortage.

Inventory Management 100

Inventory Management Inventory Canada China 100

Supply Chain Game Changer

JUNE 5, 2020

Trucking companies article and permission to publish here provided by Saeed Darwish. A trucking company’s primary purpose is to transport full-truckloads of goods from one location to another. It is no surprise that most people think truck companies offer no other services to their customers. A standard trucking company offers other unique services that can help you and your business save both time and money. Digital warehousing manages your inventory.

Company 48

Company Shipping Inventory Warehousing 48

Talking Logistics

APRIL 16, 2015

Inventory optimization has always been a challenge while designing and planning a supply chain. A variety of barriers can impact an effective inventory strategy, such as working in functional silos and demand/supplier volatility¹. The good thing is that companies are beginning to appreciate the importance of inventory form and function instead of narrowing it down to just setting optimal safety stock targets. Asking the Right Inventory Questions.

Inventory 206

Inventory Strategy Ohio Policies 206

Cerasis

NOVEMBER 30, 2018

Reverse logistics is filled with risk, and the rate of reverse logistics in e-commerce is higher than any other channel, reports Business2Community. Using a WMS in reverse logistics can help meet this rise in demand and increase customer satisfaction.

Reverse Logistics 264

Reverse Logistics Logistics Omnichannel System 264

Unleashed

JUNE 24, 2020

That includes the importance of robust inventory management to retail. Ensuring you don’t fail at order fulfilment begins with understanding your inventory and supply chain. In an increasingly complex eCommerce world, keeping track of inventory is tricky. Many brands are turning to omnichannel inventory management to meet the challenge. We’re going to share five tips to help you make omnichannel inventory work for you. What is Omnichannel Inventory Management?

Inventory Management 52

Inventory Management Omnichannel Inventory Reverse Logistics 52

Turvo

JUNE 16, 2020

Finding a way to make third-party logistics companies stand apart from their competitors is like finding a needle in a haystack. Fortunately, third-party logistics providers (3PLs) can successfully add to their own value proposition by understanding the challenges in building a unique value proposition, how collaboration empowers 3PLs to stay proactive with customers to provide a better experience, and a few best practices to help 3PLs stand apart from competitors.

Third Party Logistics 58

Third Party Logistics Company Asia Survey 58

Cerasis

SEPTEMBER 1, 2017

Controlling inventory flow is a top priority among warehouse managers, and gaining control over inventory drives warehouse efficiency. Controlling Inventory Flow Begins With Liquidate Nonessential Products. The first step to controlling inventory flow effectively is liquidation of all non-essential products, explains Paul Trujillo of Business2Community. This will help to prevent the reordering of slow-moving products and ensure optimum inventory levels.

Inventory 234

Inventory Third Party Logistics Warehousing System 234

ToolsGroup

MARCH 15, 2016

ABC inventory classification has been around so long that most planners just assume it’s the only way to segment your inventory. Inventory Segmentation from the 1960s. To understand the shortcomings of ABC inventory classification, we need to understand how it is done. Nearly all traditional inventory management applications calculate safety stock for each individual SKU-Location combination. Inventory Segmentation Today. Inventory Optimization

Inventory 139

Inventory Inventory Management Distribution Course 139