GlobalTranz

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.

Inventory Reduction 120

Inventory Reduction Agile and Lean Supply Chain Lean Waste Reduction 120

ToolsGroup

NOVEMBER 30, 2020

With Service Optimizer 99+ (SO99+) ToolsGroup’s manufacturing customers commonly achieve a 10-30% reduction in inventory, improve product availability to 96% or better, and reduce overhead (such as overtime and expedited freight) by 50%. Reduced inventory value of safety stock on clustered items by 18%.

ToolsGroup 156

ToolsGroup Inventory Reduction Price Reduction Manufacturing 156

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.

Freight 0

Freight Analytics Software Procurement Analytics Sourcing Strategies 0

GlobalTranz

FEBRUARY 2, 2015

So why do we feature content related to Vendor Managed Inventory? In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Inventory is then put on pallets and shipped as freight. ” Vendor Managed Inventory Model: A Quick Back Story. The Evolved Vendor Managed Inventory Model.

Vendor Strategies 120

Vendor Strategies Inventory Reduction Modeling Software Modeling 120

GlobalTranz

SEPTEMBER 23, 2021

High freight volumes across all industries in the trucking market are expected to continue into 2022.? The added strain on resources is on track to force high freight volumes to continue well into the next year. Download the White Paper: Over the Road Freight Management Trends. Carrier Vetting for OTR Freight.

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Supply Chain Game Changer

MAY 20, 2020

Freight market article and permission to publish here provided by Kevin Jessop at cerasis.com. The coronavirus, also known as COVID-19, continues to change basic supply chain functions. The impacts are not just limited to air freight market changes. The post The State of Uncertainty in the Freight Market! Subscribe Here!

Freight 56

Freight Cargo Reverse Logistics Supply Chain Planning 56

Arkieva

AUGUST 8, 2016

A new study by the SupplyChainDigest analyzing the main components of working capital: Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO) revealed an uptick in DIO. Sustainable Freight Action Plan for California is estimated to Improve Freight Efficiency by 25% in 2030.

Sourcing Strategies 60

Sourcing Strategies Inventory Reduction Supply Chain Planning Software California 60

GlobalTranz

JULY 1, 2021

These are some of the top transportation metrics to track for improved performance and continuous improvement. This is a way to determine which carriers are able to deliver properly and without issue, as well as identifying opportunities for packaging and label optimization to avoid freight claims.

Metrics 315

Metrics Transportation Vendor Strategies Logistics Network Optimization Software 315

Talking Logistics

APRIL 22, 2019

Based on the top Talking Logistics posts and videos this quarter, it’s clear that transportation management remains a hot topic of interest — everything from how to navigate the twists and turns of the market to how to leverage transportation management systems (TMS) and emerging technologies to drive continuous improvement.

Logistics Network Optimization Software 110

Logistics Network Optimization Software Logistics Supply Chain Planning Software Inventory Reduction 110

Supply Chain Shaman

NOVEMBER 21, 2018

The problem is that the acceptance of lanes by the carriers does not force the carrier to accept the freight when tendered. If the carrier does not accept the freight, the manufacturer loses time in moving the freight and is often forced to go to the open market to source freight. Inventory levels?

Supply Chain Planning Software 195

Supply Chain Planning Software Forecasting Software Supply Chain Planning Demand Planning Software 195

Logistics Viewpoints

MAY 26, 2022

There are lively debates about the meaning and prioritization of scale, globalization, outsourcing, and inventory optimization. Their transportation networks are more diverse, in many cases aided by connections to digital freight marketplaces. Automate, automate, automate – This is not a new idea or trend.

Logistics Network Optimization Software 263

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

Supply Chain Game Changer

SEPTEMBER 17, 2020

WES functions include supply chain controls to improve performance, including light task management, wave management, limited inventory management, and some picking. The yard management system (YMS) is a useful tool for managing trailers, drivers, and stored inventory in the yard. Yard Management System. Dock Scheduling System.

Inventory Management Software 105

Inventory Management Software Demand Planning Software Supply Chain Software Sourcing Strategies 105

GlobalTranz

JULY 13, 2018

The Solution: Minimizing Supply Chain Disruption Requires Analytics The only way to successfully minimize supply chain disruption is through continuous improvement. Continuous improvement can permeate every aspect of supply chain management, ranging from vendor management to reverse logistics. Download White Paper.

Analytics Software 125

Analytics Software Supply Chain Disruption Analytics Inventory Management Software 125

QAD

FEBRUARY 25, 2020

While the focus is on delivering continuous improvements in cost, quality, production and delivery, significant environmental benefits often result in the areas of production efficiency and waste minimization. The supply chain is another area with plenty of room for improvement where sustainability can benefit.

Waste Reduction 145

Waste Reduction Cost Reduction Strategies Resource Reduction Inventory Reduction 145

GlobalTranz

OCTOBER 21, 2015

The next step in procurement is then managing vendors and keeping service providers accountable for continued improvement. For example: Inventory Record Accuracy has to be 98-100% accurate daily. One of the goals of the SLA/KPI should be Continuous Improvement or Kaizen (LEAN initiative). 3PL/SLA Skills/Knowledge.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

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

CH Robinson Transportfolio

JUNE 23, 2021

Maintaining inventory levels and optimizing order quantities, while keeping retailer compliance requirements in mind, requires careful coordination and a strategic approach. If you’re currently shipping less than truckload (LTL) or underutilized truckload freight to retailers, a retail consolidation program might be the solution you need.

Inventory Reduction 47

Inventory Reduction Retail Expense Reduction Supply Chain Optimization 47

Talking Logistics

NOVEMBER 19, 2014

When you look at the potential benefits in inventory savings, freight savings, and on-time fulfillment improvements, it’s not that difficult to build the business case. This lead to high inventory carrying costs at some stores and out-of-stocks at others. So, what’s been the problem? A key constraint has been speed.

Case Study 176

Case Study Optimal Sourcing Study Supply Chain Planning Software 176

Turvo

AUGUST 18, 2020

However, those systems are not necessarily designed to work with the inventory management system or customer-facing platforms. Not all supply chain visibility software can claim it is continuously under development and looking to the next opportunity to save resources and promote efficiency within the supply chain.

Supply Chain Design Software 96

Supply Chain Design Software Inventory Management Software Analytics Software Supply Chain Software 96

Unleashed

FEBRUARY 21, 2024

It covers every aspect of dealing with customer returns, including policy management, reverse logistics, customer service, returned goods inventory management , and developing strategies to reduce return rates. This may involve freight partners. Returns management is the process which governs returned goods from customers.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Cost Reduction Strategies Material Savings 52

Intelligent Audit

OCTOBER 27, 2022

What does that mean for a shipper dealing with hundreds or thousands of freight invoices monthly? . Shippers can get a handle on their expenses by tracking freight invoices and improving their logistics strategy. . Inventory Predictions. Freight Audit in Multiple Modes. One solution is to turn to big shipping data.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

Veridian Solutions

FEBRUARY 24, 2020

WES functions include supply chain controls to improve performance, including light task management, wave management, limited inventory management, and some picking. The yard management system (YMS) is a useful tool for managing trailers, drivers, and stored inventory in the yard. Yard Management System. Dock Scheduling System.

Inventory Management Software 53

Inventory Management Software Supply Chain Software Demand Planning Software Supply Chain Strategy 53

GlobalTranz

JANUARY 6, 2016

Transportation management is no longer a tactical approach to simply moving freight and doing it at the lowest possible cost. Strategic Logistics: 8 Steps to Controlling Inventory Flow & Driving Warehouse Efficiency. 6 Benefits of Applying Useable Data in Logistics For Continuous Improvement.

Transportation Management 120

Transportation Management Logistics Network Optimization Software Resource Reduction Cost Reduction Strategies 120

Unleashed

OCTOBER 4, 2023

Some of the main steps involved in the order fulfilment process include: Inventory management Picking and packing Tracking and communication Shipping and delivery Customer service Returns management Fulfilment costs can represent up to 30% of an eCommerce company’s total operating expenses. It also ensures that resources are used efficiently.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

The Logistics of Logistics

APRIL 6, 2013

Inventory Record Accuracy via Cycle Counting and Root Cause analysis. Continuous Improvement Initiatives. Turnaround time. Cost Reduction agreements over time. Optimization specifics (LTL/TL as well). Voice of the Customer (VOC) feedback. Additional reading on service level agreement from CIO.com.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Negotiating Skills KPI Purchasing Skills 100

The Logistics of Logistics

OCTOBER 8, 2012

The relationship will not work without trust and Continuous Improvements through constant communication in your relationship. Yes, I stress partnership and collaboration.

Third Party Logistics 145

Third Party Logistics Negotiating Skills Purchasing Skills KPI 145

GlobalTranz

FEBRUARY 16, 2016

A cross-functional Material Review Board (MRB) will reduce the need for additional space by reviewing obsolete, non-moving and slow moving inventory monthly, and sending disposition recommendations to top management. A Transportation Management System (TMS) optimizes freight to utilize the most effective lanes and routes.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

GlobalTranz

DECEMBER 29, 2014

To that end, every warehouse manager’s role is to manage the physical environment, loadshifting equipment and people, to decrease the chances of collision and accidents, and often, to help the flow of freight via outbound and inbound freight management; an entire process known as warehouse traffic management. Read the full Post.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

Softeon

MAY 20, 2018

1 - Control your freight. Voice technology has the ability to give you better productivity and inventory control. If you invest in a subscription SaaS model, you get automatic continuous improvement on site. 10 - Strive for continuous improvement. 2 - Pay for performance. 7 - Use of voice technology.

Modeling Software 40

Modeling Software Purchasing Training Negotiating Skills Warehousing 40

GlobalTranz

OCTOBER 23, 2015

Sales, Inventory, and Production Planning (SIOP) should be used for business planning and strategy in the shipper, 3PL relationship. Process improvements and Continuous Improvement Opportunities. Both parties must develop human resources to improve operations. Strategic Business Planning.

KPI 120

KPI 3PL Supply Chain Planning Software Resource Reduction 120

Talking Logistics

MARCH 4, 2016

This self-service 4-session course provides an overview of how to build a strong transportation management foundation, with a focus on strategy development, procurement, the role of technology, and the importance of enabling a continuous improvement culture and processes. DOT Releases 30-Year Freight Projections.

Logistics Network Optimization Software 0

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

Talking Logistics

FEBRUARY 29, 2016

There was a deceleration in freight volumes during the second half of 2015 which continued into the first month of 2016. So, that tells me that the inventory situation continues to weigh on truck freight volumes. percent in December from November , with December 2015 freight shipments down 2.0

Optimal Sourcing 80

Optimal Sourcing Price Reduction Inventory Reduction Cost Reduction Strategies 80

NC State SCRC

MARCH 25, 2021

Any asset that is not producing value is considered waste, and a fundamental of “lean thinking” is that inventory is waste, and time is money. Well, what about air freight? Can’t we just pay more for premium freight. This is causing massive bottlenecks, and shipping costs have gone up by 264%.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Cargo Waste Reduction Material Savings 52

GlobalTranz

MARCH 5, 2015

Most manufacturing facilities are trending toward 5S/lean manufacturing as part of their efforts to improve manufacturing processes, enabling quicker, more efficient production and lowering overall costs. Automated storage and retrieval systems can, for example, increase picking accuracy while yielding better inventory control.

Warehousing 120

Warehousing Supply Chain Design Software Supply Chain Software Optimization Software 120

GlobalTranz

JUNE 2, 2015

Big Data and Supply Chain Analytics Offering Benefits of Continual Improvements and More… Big data is more useful than many people fully realize. This can also help you decide how to manage new items that are new to your business or to your inventory. We hope you enjoy!

Big Data 120

Big Data Supply Chain Optimization Supply Chain Planning Software Optimization Software 120

Veridian Solutions

FEBRUARY 6, 2020

An order management system (OMS) is the system of record for maintaining orders and handling inventory. In the omnichannel supply chain , order management improvement leads to confident inventory management across all channels. follow these five best practices when looking to improve order management.? .

Inventory Management Software 52

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

Logistics Bureau

JANUARY 19, 2016

How to fix the problem: Some measures that your company can take to prevent supply chain cost blowouts as a result of inefficiency include: Implement a continuous improvement program, such as lean or Six Sigma. Improve integration of IT applications to improve visibility. Making improvements to forecasting.

Supply Chain Planning Software 40

Supply Chain Planning Software Cost Reduction Strategies Negotiating Skills Agile and Lean Supply Chain 40