Logistics Viewpoints

MAY 15, 2023

GXO is the world’s largest contract warehousing provider. Mr. Lewis announced that Blue Yonder’s warehouse management system (WMS) – with the attached modules for labor management, automation, and order management – would become the preferred solution offered to customers in the Direct division. and Canada.

Supply Chain Network Software 208

Supply Chain Network Software Supply Chain Planning Software Optimization Software Forecasting Software 208

GlobalTranz

JANUARY 4, 2017

When it comes to the logistics industry, whether it's transportation management contracts or warehouse contracts, there are a million moving parts, and as many questions. In the below is a real world example of a consultant coming to a third party logistics company with the goal of choosing a warehouse and 3pl provider.

Modeling 194

Modeling Negotiating Skills Cost Reduction Strategies Scenario Planning 194

GlobalTranz

MARCH 5, 2015

It goes without saying that warehouses need to find ways to prioritize workplace safety for the health and productivity of the workforce. But what are some ways organizations can streamline operations for improved results overall? Optimize Labor Productivity. Maximize Vertical Space. Create Organized Workstations.

Warehousing 120

Warehousing Supply Chain Design Software Supply Chain Software Optimization Software 120

GlobalTranz

MAY 25, 2018

The internet allows for unlimited scalability and boosted efficiency in warehouse inventory management. The so-called “smart warehouse” takes advantage of these defining factors by connecting systems to streamline inventory management and overall productivity. Download white paper.

Inventory Management Software 125

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 125

Logistics Viewpoints

JANUARY 31, 2024

In smart manufacturing, for example, the deployment of a multitude of sensors and devices for real-time monitoring of machinery, predictive maintenance, and quality control are primary use cases. Another lingering concern in the industrial landscape is the potential impact of continuous improvements to 5G.

Supply Chain Design Software 264

Supply Chain Design Software Supply Chain Software Supply Chain Design Cost Reduction Strategies 264

GlobalTranz

JULY 28, 2021

That means identifying areas of waste, overlap and large volumes and enabling continuous improvement through the use of transportation metrics to track performance. Leveraging data for continuous improvement makes transportation optimization more synonymous with managed transportation.

Optimal Sourcing 317

Optimal Sourcing Optimization Software Network Optimization Supply Chain Optimization 317

Logistics Viewpoints

FEBRUARY 5, 2024

If a company short ships TVs, they are fined more than if they short ship soup, for example. Then many warehouse management systems have been configured to scan the barcodes on items as they are put onto a truck. The fines, Uber Freight reports, vary by the costs of the products being sold to Walmart.

Shipping 243

Shipping Real-time Visibility Supply Chain Design Software Supply Chain Planning Software 243

Logistics Viewpoints

FEBRUARY 12, 2024

In smart manufacturing, for example, the deployment of a multitude of sensors and devices for real-time monitoring of machinery, predictive maintenance, and quality control are primary use cases. Another lingering concern in the industrial landscape is the potential impact of continuous improvements to 5G.

Supply Chain Design Software 212

Supply Chain Design Software Supply Chain Software Supply Chain Design Cost Reduction Strategies 212

Logistics Viewpoints

FEBRUARY 8, 2022

For example, they might browse products online, but visit a brick-and-mortar store to finalize their selection. As just one example, Nike’s online sales grew by 75% in 2020 — but its profit margins fell from 45.5% The Digital Warehouse, Fueled by Optimized Labor. due to the higher costs associated with online selling.

Logistics Network Optimization Software 187

Logistics Network Optimization Software Optimal Sourcing Supply Chain Planning Software Modeling 187

BlueYonder

FEBRUARY 15, 2022

Many workers are moving from other industries to warehousing, creating an opportunity for employers in this space. While interest is high for warehousing roles, the challenge of retention exists. Work in the warehouse can be demanding. It can appear challenging to engage employees at the warehouse. Building the culture.

Warehousing 40

Warehousing Cost Reduction Strategies Price Mitigation Strategies Buyer Training 40

GlobalTranz

DECEMBER 8, 2017

This scenario exhibits why tracking the right supply chain KPIs enables continuous improvement. For example: A 50,000-pallet facility is using 42,000 pallets: the calculation is ( 42,000 / 50,000) x 100 = 84%. Warehousing and Transportation Costs. The warehousing and transportation costs per item should also be tracked.

Supply Chain Design Software 170

Supply Chain Design Software Supply Chain Software KPI Supply Chain Design 170

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

Logistics Viewpoints

MAY 26, 2022

The pursuit of ever higher efficiency and speed have dominated transformation initiatives for more than forty years, driven in large part by the assumption that raw materials, commodities, warehouse space, transportation capacity and labor will be plentiful and immediately available at stable and often declining cost.

Logistics Network Optimization Software 263

Logistics Network Optimization Software Optimal Sourcing Supply Chain Design Software Modeling 263

TrackVia

MAY 25, 2023

Many companies are realizing the critical role that effective inventory management plays in streamlining warehouse operations and maintaining an edge over competitors. Mastering warehousing is not merely a distant goal; it has become a necessity for organizations aiming to maximize productivity, increase efficiency, and reduce costs.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Design Software 52

GlobalTranz

AUGUST 18, 2021

The right partner will also work with your team to implement changes based on data-driven recommendations and identify opportunities for continuous improvement. . By combining that with the ability of a 3PL to assist with warehouse functions, including packing and shipping, it is easier to derive more value. .

Logistics Network Optimization Software 309

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Optimization Software 309

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

The Logistics of Logistics

JULY 14, 2013

To effectively and efficiently manage a warehouse, you need to use warehousing KPIs. Below is a listing of commonly used warehousing KPIs. A key performance indicator (KPI) is a metric that you have chosen that will give an indication of your performance and can be used as a driver for continuous improvement.

Warehousing 168

Warehousing KPI Just-in-Time Inventory 168

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 47

Supply Chain Software Supply Chain Design Software Supply Chain Planning Software Warehousing 47

Logistics Viewpoints

OCTOBER 10, 2022

At the time we spoke, Mr. Niebur spoke of risk management as a continuous improvement journey that would never end. This includes plant operations, inbound and outbound transportation, warehousing, demand planning and our comprehensive and running supply chain risk management ecosystem. Soon we will do more training.

Supply Chain Risk Management 223

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Software 223

BlueYonder

OCTOBER 5, 2023

But LSPs also need to constantly identify continuous improvement opportunities to retain customers and demonstrate that they are delivering value. For example, freight forwarders are extending their service offerings to include e-commerce fulfillment. Bringing on new business is a big focus.

Logistics Network Optimization Software 112

Logistics Network Optimization Software Logistics Supply Chain Software Inventory Reduction 112

Synovos

FEBRUARY 12, 2024

An international chemical manufacturer , for example, commissioned RS Integrated Supply to cleanse and standardize its MRO catalogue of 562,000 items held on 33 different sites. It can also lead to other efficiency improvements too. This example shows inventory optimization at its best. The figure can be enormous.

Inventory Reduction 52

Inventory Reduction Price Mitigation Strategies Material Savings Optimization Software 52

Silvon Software

JUNE 1, 2023

KPIs are essential in S&OP as they provide a quantitative framework for gaining visibility, aligning efforts, supporting decision-making, and driving continuous improvement across the business. This includes procurement, production, transportation, warehousing, and distribution.

S&OP 93

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 93

SCMDOJO

MARCH 8, 2024

By working closely with suppliers to shorten lead times, businesses can minimize the time inventory sits idle in warehouses. Strategies for lead time reduction may include optimizing transportation routes, improving communication with suppliers, and investing in technologies that expedite order processing.

Inventory Reduction 79

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 79

Veridian Solutions

MAY 6, 2019

The e-commerce revolution, omnichannel, personalized services and products, SKU proliferation, the Amazon Effect, and many other factors influence throughput in your warehouse. Implementing a modern WMS that combines the features of or integrates directly with a WES and WCS is a critical step in improving warehouse productivity.

Analytics Software 58

Analytics Software Supply Chain Software Demand Planning Software Optimization Software 58

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 175

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Modeling Software 175

Talking Logistics

MAY 12, 2017

I was intrigued by the on-demand warehousing concept (or “Airbnb for warehousing” as some are calling it) and the business model and technology behind it. Could FLEXE build a network of warehouse providers that would buy into the model? It made a lot of sense, but would it work?

Logistics Network Optimization Software 0

Logistics Network Optimization Software Predictive Analytics Software Supply Chain Network Software Inventory Management Software 0

Veridian Solutions

OCTOBER 16, 2019

WMS Use Increases Warehousing and Transportation Efficiency. While warehouses today deploy some level of automation, the value of automation in managing warehouse efficiency, scalability, and effectiveness will become paramount in 2020. These include: Improved customer experience.

Warehousing 45

Warehousing Supply Chain Software Demand Planning Software Inventory Management Software 45

BlueYonder

MARCH 22, 2022

In part one, Creating a Culture That Engages and Retains Warehouse Employees, we explored successful strategies to enhance employee engagement and improve warehouse staff retention. Warehouse Labor Management establishes standards for the operation and operating procedures. Streamlining the Onboarding Process.

Forecasting Software 96

Forecasting Software Logistics Network Optimization Software Supply Chain Software Cost Reduction Strategies 96

The Logistics of Logistics

MARCH 22, 2014

5 Warehouse Performance Management Tips. For example, you could create colour coded orders or pick lists that indicate customer priority. For example, consider selecting a few samples when you receive products and quality check the items. For example, make this part of your weekly or daily routine.

Warehousing 160

Warehousing Inventory Reduction Material Savings Quality 160

Unleashed

JANUARY 31, 2023

Strive for continuous improvement Finally, lean logistics is not a stagnant or one-off process. You can rely on a smaller warehouse or factory for storing unsold and unfinished products, meaning you save on rent, power, staff, security, and warehouse equipment.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Waste Reduction Inventory Reduction Cost Reduction Strategies 98

Unleashed

OCTOBER 18, 2021

By setting up a smaller, more convenient – and often automated – warehouse to fulfil orders, businesses can cut their fulfilment times significantly. It uses localised warehousing and combines it with the efficiency of automation – from order receipt to picking, packing and same-day delivery.

Inventory Reduction 104

Inventory Reduction Expense Reduction Cost Reduction Strategies Supply Chain Design Software 104

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. In-memory processing for robust analysis and fast response times.

Supply Chain Planning Software 182

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimal Sourcing 182

GlobalTranz

FEBRUARY 14, 2017

For example, a pair of glasses might populate product picking information to laborers in a warehouse. Consider this example. A person reads a list of 8 pieces of information quickly, much like the automated handsets of today’s warehouse technologies.

Continuous Improvement 127

Continuous Improvement Predictive Analytics Software Logistics Network Optimization Software Predictive Analytics 127

TrackVia

MARCH 25, 2024

These solutions help companies optimize their operations, from inventory management and asset tracking to supply chain management and warehouse operations. By providing real-time data and insights, mobile workflows enable manufacturers to make informed decisions, reduce waste, and improve overall efficiency.

Optimal Sourcing 105

Optimal Sourcing Supply Chain Design Software Cost Reduction Strategies Waste Reduction 105

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

Unleashed

FEBRUARY 12, 2024

This number can then be used as a benchmark for continual improvement, supporting sustainable business growth. This article breaks down everything you need to know about inventory carrying cost, with examples and formulas for calculating it in your business. The monthly rent for the warehouse is $2,000.

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

The Logistics of Logistics

OCTOBER 8, 2012

The relationship will not work without trust and Continuous Improvements through constant communication in your relationship. As a contract customer, upfront costs will be a subject of discussion and negotiation. Yes, I stress partnership and collaboration.

Third Party Logistics 145

Third Party Logistics Negotiating Skills Purchasing Skills KPI 145