GlobalTranz

FEBRUARY 17, 2016

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well. A Focus on Inventory Control Begets Warehouse Cost Reductions. First, data integrity is vital.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

Logistics Viewpoints

AUGUST 7, 2023

Cardinal Health, a global manufacturer and distributor of medical, surgical and laboratory products, is focused on continuous improvement of service. Global logistics leaders wanted to improve service levels, lower costs, and fortify Cardinal Health’s supply chain planning process. Indicators of success are critical. Count them!

Supply Chain Planning Software 244

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Modeling Software 244

Locus Robotics

JUNE 6, 2023

By Alex Selwitz, Red Stag Fulfillment Unlocking a warehouse’s potential starts with impeccable organization. Fortunately, cutting-edge tools and invaluable data provide a lifeline, empowering warehouses to optimize their organizational prowess. Yet, with ever-shifting stock, maintaining this order can seem Herculean.

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Warehousing Optimization Software 52

Logility

JUNE 5, 2024

It considers interdependencies among suppliers, production stages, distribution centers, warehouses, and customers, as well as the cost of all materials flowing through the supply chain. They include costs, demand signals, supply volatility, and sourcing. The benefits extend far beyond just inventory reduction.

Optimal Sourcing 188

Optimal Sourcing Inventory Reduction Inventory Management Software Modeling 188

Logility

OCTOBER 22, 2020

For more than a decade, companies have used the power of machine learning to improve supply chain planning efficiencies and develop optimized supply chains. Data warehousing for consistent, harmonized and managed data across your entire supply chain. Stay competitive: Your competition is likely investing in machine learning. #2.

Supply Chain Planning Software 183

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimal Sourcing 183

Talking Logistics

NOVEMBER 3, 2014

Jason Mathers discussed the 5 Principles of Greener Freight, and provided real-world examples of those principles in action (read the Ocean Spray , Caterpillar , and Boise case studies, and also watch my conversation with Jason from earlier this year on Talking Logistics). But this demand for talent greatly exceeds supply.

Innovation 198

Innovation Supply Chain Design Software Optimal Sourcing Logistics Network Optimization Software 198

SCMDOJO

APRIL 29, 2024

From sourcing raw materials, manufacturing, and storage, to transportation and distribution, SCM ensures efficiency and cost-effectiveness throughout the entire journey. Sourcing: Sourcing is all about finding reliable suppliers, negotiating contracts, and managing relationships.

Supply Chain Planning Software 98

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 98

SCMDOJO

JUNE 17, 2024

For example, COVID-19 derailed global supply chains by pushing across-the-board lockdowns and preventing production activities. For example, the earlier stages of COVID-19 saw a strong rise in the market for personal defensive equipment, overloading store networks unpracticed to taking such high importance in such a brief period.

Modeling 98

Modeling Supply Chain Planning Software Supply Chain Software Scenario Planning 98

Talking Logistics

DECEMBER 5, 2017

For years, supply chain leaders have struggled to achieve a sophisticated level of supply chain visibility that would drive continuous improvement, optimize spend and reduce risk. For example, in a commodity business, you might be focused on cost savings while a specialty business might prioritize on-time delivery over cost.

Prescriptive Analytics Software 154

Prescriptive Analytics Software Analytics Software Supply Chain Design Software Predictive Analytics 154

Supply Chain Shaman

JUNE 21, 2016

This lack of alignment is an impediment to improving balance sheet results. 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 is not an easy transition.

Supply Chain Design Software 218

Supply Chain Design Software Supply Chain Planning Software Network Design Software Modeling 218

BlueYonder

DECEMBER 9, 2024

Our platform encompasses Transportation, Warehouse and Order Management, supports an n-tier network for visibility and collaboration with customers, suppliers and carriers alike and provides next generation planning capabilities from detailed Scheduling to strategic processes like IBP and network design.

Optimal Sourcing 69

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software 69

Logistics Bureau

OCTOBER 31, 2017

Imagine stepping back in time to visit a large warehousing operation in 1990. Now imagine what the distribution center of 2045 will look like if technology continues to disrupt logistics as profoundly as it has done since the 1990s. 1990: A Fine Vintage for Warehouse Operators. 1990: A Fine Vintage for Warehouse Operators.

Supply Chain Software 63

Supply Chain Software Supply Chain Design Software Supply Chain Planning Software Warehousing 63

QAD

JANUARY 16, 2025

million units worldwide, making it a key player in modern supply chains and warehouse automation. The inefficiencies of manual data management hindered KION’s ability to create sourcing events quickly and maintain seamless supplier relationships. With operations spanning over 100 countries, KION has deployed more than 1.8

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Negotiate Pricing Negotiating Skills 52

ivalua

OCTOBER 8, 2021

As disruption continues in the coming months, embracing decentralization will be a key strategy to ensuring business continuity. Larger retailers may opt to leverage third-party intermediaries, who provide long-term warehousing for supplies and deliver them as needed, or act as the middleman between the retailer and service providers.

Optimal Sourcing 130

Optimal Sourcing Material Savings Procurement Analytics Procurement Solutions 130

Talking Logistics

NOVEMBER 15, 2016

Freight Audit may not be the sexiest aspect of transportation management, but that doesn’t mean it doesn’t play a critical role in helping companies effectively manage and control their transportation spend, as well as provide valuable insight to drive continuous improvement. What are those value levers?

Freight 0

Freight Analytics Software Procurement Analytics Purchasing Skills 0

6 River Systems

FEBRUARY 22, 2019

Every warehouse strives for efficient order fulfillment. There are many factors that can impact costs, from warehouse replenishment practices to the warehouse equipment deployed to support the fulfillment process. ” Meet Our Panel of Warehouse Pros: Nate Masterson. Dave Masterson. Nate Masterson. MapleHolistics.

Cost Reduction Strategies 56

Cost Reduction Strategies Inventory Reduction Material Savings Warehousing 56

Talking Logistics

MARCH 28, 2017

Unfortunately, most organizations place too much emphasis on data that is sourced from human input, which is not only expensive on the labor side, but it also introduces error into the picture. For example, companies can now do in days what used to take weeks of programming and customization. .

Supply Chain Software 0

Supply Chain Software Logistics Network Optimization Software Demand Planning Software Procurement Solutions 0

ThroughPut

JANUARY 28, 2019

The company is setting ever-higher benchmarks for the industry around automation, tracking, robotics, and machine learning in its warehouses, and avoiding stock-outs, for example, while retaining the sheer number of products constantly available in stock. Slowing Economic Growth: A slow economy inevitably leads to slumps in sales.

Optimal Sourcing 94

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

Logility

SEPTEMBER 17, 2021

The Women in Supply Chain award honors female supply chain leaders and executives whose accomplishments, mentorship and examples set a foundation for women in all levels of a company’s supply chain network. Storer is responsible for Berlin Packaging’s North American-based Demand Planning, Supply Planning, and Strategic Sourcing functions.

Supply Chain Planning Software 26

Supply Chain Planning Software Logility Logistics Network Optimization Software Demand Planning Software 26

Unleashed

OCTOBER 5, 2023

Managing a warehouse can be a complicated task. Multiple processes must be continually optimised to ensure maximum cost-savings, order accuracy, and efficiency. In this warehouse management guide: What is warehouse management? But when done correctly, everyone benefits: your customers, your stakeholders, and your staff.

Inventory Reduction 52

Inventory Reduction Waste Reduction Material Savings Cost Reduction Strategies 52

Supply Chain Opz

JANUARY 22, 2016

Onge Company Game changing technologies in the supply run from the immediate, to the near-term, to the futuristic, but there are some clear examples in each. The concept of “connected logistics” covers the relevant end-to-end processes of warehouse management, transportation management, track & trace and the entire logistics network.

Predictive Analytics Software 100

Predictive Analytics Software Supply Chain Network Software Logistics Network Optimization Software Analytics Software 100

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

Logistics Bureau

OCTOBER 26, 2020

Such technology, for example, can help organisations identify the fastest, cheapest, and most sustainable shipping routes. 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. Invest in Education.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 98

Talking Logistics

MARCH 29, 2016

Source: PINC Solutions. Unfortunately, most organizations place too much emphasis on data that is sourced from human input, which is prone to error, so degrading the quality and potential insight the data could provide. This data often resides in siloes of information, focusing on a specific function, such as warehouse automation.

Supply Chain Software 100

Supply Chain Software Optimization Software Optimal Sourcing Demand Planning Software 100

GlobalTranz

MARCH 23, 2016

Today I will discuss how a company can sustain a lean culture once they have implemented lean practices in order to achieve continuous improvement. I use a method I call managing for daily improvement or MDI. How can we Continuously Improve Daily and Sustain a Lean Culture and Behavior? Industry Week, March, 2016).

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

SCMDOJO

APRIL 24, 2024

These technologies can examine huge portions of data from multiple sources, and recognize patterns and tendencies that would be impossible for humans to discern. Well, they do it mainly in warehouses and distribution centers. And considering Amazon’s success, it’s safe to say the model works. Or at least that’s what we think.

Optimal Sourcing 82

Optimal Sourcing Agile and Lean Supply Chain Waste Reduction Material Savings 82

Talking Logistics

SEPTEMBER 8, 2016

” This is just one example of the worst case scenario you could have: your systems aren’t integrated, and people are making decisions on the information they have available. Your warehouse could be over (or under) staffed which impacts profitability or performance. no supply chain visibility.

Supply Chain Visibility 100

Supply Chain Visibility Supply Chain Planning Software Real-time Visibility Prescriptive Analytics Software 100

GlobalTranz

MAY 13, 2015

Not only has Walmart excelled over the decades in traditional supply chain management but with recent news as of late, Walmart is also focused on continuous improvement by investing more into emerging technologies to capture more of the e-commerce market as well as a focus on sustainability. ” Walmart states early on.

Gartner 120

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 120

GlobalTranz

FEBRUARY 2, 2015

I took our line of fasteners: bolts, nuts screws and washers and put them in one location in the Warehouse. Cutting the Right Costs with Technology by Sourcing Innovation. We have an ongoing emphasis to continuously improve this channel and streamline the process to make it more effective and responsive.”.

Vendor Strategies 120

Vendor Strategies Inventory Reduction Modeling Software Modeling 120

RFgen

JANUARY 16, 2025

Its your single source of truth for inventory, constantly updated and readily available. Key features typically include: Barcode Scanning: Quick and accurate product identification, speeding up warehouse processes and reducing errors. Each component contributes to a more efficient and optimized operation.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Supply Chain Planning Software Optimization Software 52

GlobalTranz

AUGUST 9, 2016

The are the 8 Rights of Lean Transportation thinking: Right Materials, Right Quantity, Right time, Right Place, Right Source, Right Price, Right Quantity, and. The need to transport parts also drives inventory up, creates a need for space to store those parts, and uses energy for more forklift time and warehouse heating. Right Service.

Waste Reduction 120

Waste Reduction Agile and Lean Supply Chain Lean Cost Reduction Strategies 120

ivalua

JUNE 1, 2022

Although Amrest utilizes a sourcing process, the liquidity gap blocks past analyses and data. . Creating fuller visibility into supplier risks, Amrest has the power and intel to switch localizations or deliver from different warehouses, creating a stronger supply chain. .

Optimal Sourcing 130

Optimal Sourcing Negotiating Skills Negotiate Pricing Sourcing Strategies 130

Supply Chain Shaman

APRIL 7, 2016

While traditional supply chain processes evolved from functional excellence definitions for source, make and deliver from the inside-out; to make the digital pivot and become more market-driven, companies need to define new supply chain processes outside-in. For example, should customer sentiment data feed into quality systems?

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

Logistics Bureau

JANUARY 1, 2025

However, the classification parameter can be varied; for example, it is possible to use the velocity of turnover rather than annual demand value. For example, accessorial charges might include fees for loading, unloading, palletisation, or depalletisation. It is upon such systems that ABC models are generated and maintained.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 76

Logistics Bureau

DECEMBER 3, 2024

This involves considering the environmental, social, and economic effects of a company’s supply chain, which starts with sourcing raw materials running all the way through to delivering products to customers. Such technology, for example, can help organisations identify the fastest, cheapest, and most sustainable shipping routes.

Supply Chain Planning Software 72

Supply Chain Planning Software Supply Chain Software Sustainability Supply Chain Optimization 72

synchrono

JUNE 19, 2017

Modern Demand-Driven Manufacturers are leveraging real-time Cloud-based visualization and collaboration systems to view data from multiple, disparate sources while keeping the data in its original, host environment. Data on Demand: Examples of value across supply chain layers. Cloud Visibility. appeared first on Synchrono.

Real-time Visibility 85

Real-time Visibility Supply Chain Software Manufacturing Procurement Agile and Lean Supply Chain 85

GlobalTranz

JANUARY 5, 2016

Then, as a treat, we have 10 more bonus supply chain trends for 2016 in the form of an infographic from irms 360 Enterprise, a Cloud Warehouse Management System. For example, smartwatches could help site managers observe real-time performance of business processes, productivity, inventory levels and deliveries.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Software Trends Supply Chain Optimization 120