Unleashed

FEBRUARY 12, 2024

Inventory carrying cost is an essential figure to understand. Without it, you’ll struggle to accurately measure profitability or make informed decisions around inventory management and cash flow. This number can then be used as a benchmark for continual improvement, supporting sustainable business growth.

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

GlobalTranz

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. Implement Continuous Review Systems for Reordering. Implement Vendor Compliance Programs.

Inventory Reduction 224

Inventory Reduction Warehousing Inventory Vendor Strategies 224

ThroughPut

JANUARY 2, 2024

The Just-In-Time inventory management approach revolutionized manufacturing forever. What is Just-In-Time (JIT) Inventory Management? Its central mission is to curtail inventory expenses and amplify operational efficiency by timing the receipt of goods to coincide with their actual need in the manufacturing cycle.

Inventory Reduction 52

Inventory Reduction Just-in-Time Resource Reduction Expense Reduction 52

Logistics Viewpoints

FEBRUARY 5, 2024

Uber Freight is a major provider of managed transportation services. Proving OTIF Remains Difficult Many consumer goods suppliers have implemented real-time transportation visibility solutions. FourKites is one of the largest providers of real-time transportation visibility solutions. Proving that it arrived in-full is.

Shipping 243

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

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

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.

Inventory Management Software 125

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

Unleashed

MAY 25, 2023

Do you know your optimal inventory levels? Inventory planning enables you to order the right stock at the right time to meet demand and prevent overstocking. What is inventory planning? It is a key function of modern inventory management. Let’s take a quick look at some of the core benefits of inventory planning.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Inventory Reduction Forecasting Software 52

ThroughPut

SEPTEMBER 14, 2022

Making The Case for an AI-Driven Transportation Management Software . A sound Transportation Management Software can make a lot of difference here for logistics businesses. AI-powered Transportation Management Software – Defining the areas of impact .

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Management Software Forecasting Software Predictive Analytics Software 52

GlobalTranz

OCTOBER 25, 2017

Inventory tracking is among the top areas most impacted by omnichannel supply chain strategies, and consumer spending habits are forcing inventory tracking technology to evolve, making sure consumers can get the products they want, through the media and channels they want, and at the prices they want.

Inventory Reduction 125

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

The Logistics of Logistics

MAY 8, 2023

The company offers a range of logistics services, including transportation, warehousing, and supply chain management. The company has a network of carriers and warehouses across the United States, allowing for efficient transportation and distribution.

3PL 215

3PL Missouri Logistics Network Optimization Software Warehousing 215

SCMDOJO

MARCH 19, 2024

This might involve optimizing inventory levels, negotiating better deals with suppliers, or implementing just-in-time manufacturing techniques. Improved Customer Satisfaction A structured department is better equipped to handle customer demands. Logistics Logistics involves managing the transportation and delivery of goods.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

GlobalTranz

OCTOBER 6, 2021

OTR freight represents a long-standing aspect of supply chain operations and transportation management. M odern transportation networks and supply chains continuously adapt to market volatility and transitions. Reducing Reliance on Outdated Systems and Technology .

Prescriptive Analytics Software 216

Prescriptive Analytics Software Analytics Software Optimal Sourcing Supply Chain Network Software 216

The Logistics of Logistics

JULY 12, 2023

Corey is also proficient in product development and management, successful contract negotiations, continuous improvements, emerging technologies, and cultivating key relationships and partnerships. Each MFC is operated to maximize flexibility and focused on forward deployed inventory and fulfillment.

Negotiating Skills 215

Negotiating Skills Purchasing Skills Network Optimization Software Logistics Network Optimization Software 215

GlobalTranz

FEBRUARY 2, 2015

Editor’s Note: Cerasis is a 3PL focused on transportation management. 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. VMI is all about collaboration.

Vendor Strategies 120

Vendor Strategies Inventory Reduction Modeling Software Modeling 120

GlobalTranz

FEBRUARY 17, 2016

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. A Focus on Inventory Control Begets Warehouse Cost Reductions. First, look at inventory as MONEY/CASH. Understand Data Integrity to Reduce Inventory Costs.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

GlobalTranz

JANUARY 6, 2016

We release our second e-book today by focusing on strategic logistics and transportation management creates a competitive business advantage for shippers. Transportation management is no longer a tactical approach to simply moving freight and doing it at the lowest possible cost.

Transportation Management 120

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

GlobalTranz

NOVEMBER 23, 2015

This is our 9th post in our strategic transportation management and logistics series. When selecting a transportation mangement 3PL to aid you in a robust and effective transportation management strategy , defining the rules of engagement is critical to success. Do you even first understand your own needs?

Inventory Reduction 120

Inventory Reduction Transportation Management 3PL Price Mitigation Strategies 120

GlobalTranz

AUGUST 25, 2017

Editor's Note: Today's blog comes from our friend Michael Stoddard who shares the top 10 transportation jobs in the industry. If you happen to find yourself searching for careers in logistics, transportation and supply chains, you'll be happy to know that there's no shortage of positions. Transportation Manager.

Material Savings 76

Material Savings Inventory Reduction Optimal Sourcing Transportation 76

Supply Chain Shaman

MARCH 27, 2023

Just as the electric light bulb did not come from the continuous improvement of candles, I believe that supply chain planning improvements will not come from doing more of the same. What is the role of inventory? Continual reaction to real-time data streams introduces nervousness into the system.

Supply Chain Planning Software 308

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 308

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

It serves as the compass guiding shippers toward efficient, economical, and dependable cargo transport. By crafting a well-defined strategy, businesses can mitigate transportation costs, mitigate supply chain disruptions, and uphold customer satisfaction. At the heart of it all, an effective procurement strategy remains paramount.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

OptiProERP

APRIL 9, 2024

Integration with inventory management systems is crucial to accurately confirm product availability and delivery timelines. Continuous improvement initiatives help enhance product quality and customer satisfaction. Order Management Once a quote is accepted, it transitions into an order. OptiProERP was the clear winner.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Inventory Management Software 52

Veridian Solutions

MAY 28, 2019

Inventory management mistakes constitute a significant cost contributor in today’s supply chains. According to Rod Daugherty of Manufacturing.net , the costliest problem is due in large part to poor inventory visibility and planning. What Are the Most Common Inventory Management Mistakes? Poor housekeeping.

Inventory Management Software 66

Inventory Management Software Inventory Reduction Inventory Management Optimal Sourcing 66

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

GlobalTranz

SEPTEMBER 23, 2021

Talent shortages, especially limited drivers, will exacerbate the capacity crunch and result in shortages across warehousing and transportation simultaneously.? . Pent-up demand of customers and the strong predictions for another above-average peak season has put a unique burden on truckload and parcel transportation. Focusing on the?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

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 262

Logistics Network Optimization Software Optimal Sourcing Supply Chain Design Software Modeling 262

Adexa

JULY 17, 2023

Improved visibility and transparency: Digital transformation enables real-time visibility across the entire supply chain network. It allows organizations to track and monitor inventory levels, production status, transportation, and other crucial supply chain activities.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Agile and Lean Supply Chain 98

Arkieva

JANUARY 20, 2017

Are you using lean in your logistics and transportation management? The transportation company’s culture and behavior should change to apply Lean thinking. Transportation takes time. The list of additional waste generated by transportation goes on and on. 5 Ways to Optimize Your Transportation with Lean.

Optimal Sourcing 60

Optimal Sourcing Waste Reduction Agile and Lean Supply Chain Inventory Reduction 60

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

Unleashed

AUGUST 20, 2023

It includes everything from the procurement of raw materials to production, inventory management, and shipping. Managing and optimising production lead time involves balancing factors like production capacity, inventory levels, and operational efficiency to achieve the desired lead time while delivering items of high quality.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

SCMDOJO

JUNE 6, 2023

This helps them optimize inventory levels and avoid overstocking or understocking. This has proven to improve cash flow since businesses avoid extra costs by excess inventory supply, and they also avoid not having enough products on hand. They can avoid bottlenecks and inventory shortages. Download from the below link.

Optimal Sourcing 72

Optimal Sourcing Modeling Supply Chain Optimization Analytics Software 72

My Office Apps

OCTOBER 9, 2023

AI’s Role in Changing Distribution Software Distribution management software (DMS) is a comprehensive solution that helps businesses effectively manage their supply chain , logistics, inventory, and order fulfillment processes. It uses historical data and external factors like market trends and seasonality to forecast demand accurately.

Optimization Software 71

Optimization Software Forecasting Software Inventory Management Software Supply Chain Planning Software 71

TransAudit

JUNE 27, 2023

Benefits of Machine Learning in Supply Chain Management One of the most potent applications of machine learning lies in inventory management. In today’s volatile market, companies often grapple with the issue of maintaining too much or too little inventory. Quality control is another area where machine learning shines.

Optimal Sourcing 69

Optimal Sourcing Supply Chain Optimization Modeling Optimization Software 69

ThroughPut

DECEMBER 6, 2023

Businesses can access historical data, market trends, and other external factors and, by plugging in predictive analytics, gain invaluable insights that streamline inventory management, demand forecasting, transportation planning, risk mitigation, and overall decision-making processes. So, how does predictive analytics help with that?

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

BlueYonder

MAY 5, 2023

Armada has saved thousands of hours in staff time, dramatically improved productivity and realized over a million dollars in cost savings. Bayer is rolling out Blue Yonder’s Transportation Management System (TMS) in over 70 countries to manage materials shortages, increasing costs, demand fluctuations and other challenges.

Material Savings 83

Material Savings Supply and Demand Supply Chain Software Demand Planning Software 83

Unleashed

JANUARY 31, 2023

Ideal product flow efficiency is achieved by optimising inventory control , minimising supply chain interruptions, and eliminating downtime. Establish a Just-in-Time strategy To reduce inventory wastage, a pull system – also known as a just-in-time (JIT) strategy – is introduced. Goods can be produced in greater quantities, faster.

Agile and Lean Supply Chain 98

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

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

Locus

APRIL 3, 2023

This refers to planning, coordinating, and executing the flow and storage of goods and services, including activities such as transportation, inventory management, order processing, warehousing, packaging, and security. The use of transportation management systems (TMS) for last-mile delivery is expected to grow at a CAGR of 16.2%

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Supply Chain Planning Software 52