ShipBob

APRIL 9, 2025

From receiving and storing inventory to picking, packing, and shipping orders, there are critical functions that occur within the warehouse that keep your supply chain running smoothly. When these functions are well-managed and optimized, businesses can better control costs, improve customer satisfaction, and ultimately drive growth.

Warehousing 52

Warehousing Supply Chain Design Software Optimization Software Supply Chain Planning Software 52

SCMDOJO

NOVEMBER 20, 2024

Moreover, inventory movement is vital in optimizing a company’s success, as this sector plays a prominent role in transferring, shipping, and adjusting the flow of received products. The MOQ strategy helps free up capital; however, it also helps minimize loss by reducing the amount of inventory they need to purchase at once.

Inventory Reduction 98

Inventory Reduction Vendor Strategies Cost Reduction Strategies Resource Reduction 98

Arena Solutions

DECEMBER 17, 2024

They receive goods into their warehouse, and they store them and they don’t know what they’ve paid for them, nor do they have a purchase order from, or they haven’t issued a purchase order. We’re constantly improving. You are steering the direction of the ship. We’re multi-tenant.

Manufacturing Procurement 52

Manufacturing Procurement Analytics Software Modeling Software Supply Chain Network Software 52

GlobalTranz

NOVEMBER 17, 2016

Supply chain leaders must be ready to implement big data and leverage it to improve their companies without any delay or inhibition This may sound impossible and frightening, but they must only understand how big always goes back to these two, simple principles of measurement, review, and action. Distribution of goods prior to purchase.

Supply Chain Design Software 332

Supply Chain Design Software Big Data Supply Chain Software Continuous Improvement 332

GlobalTranz

APRIL 25, 2016

Sure, supply chain cost reduction is important in reducing the cost of goods sold (COGS) and increasing profit, but there are other measurements which should not be forgotten. 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. 10 Soft Metric Considerations in Measuring Supply Chain Performance.

Procurement Analytics 227

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 227

GlobalTranz

OCTOBER 21, 2015

Editor's Note: As of late you may have noticed we have written a lot about procurement and the future of procurement. A large part of procurement is finalizing the contract and then the follow through of the determined deliverables in that agreement. All KPIS have metrics to measure. Cost Reduction is another major goal.

KPI 313

KPI Negotiating Skills 3PL Optimal Sourcing 313

Logistics Viewpoints

FEBRUARY 5, 2024

Walmart fines suppliers whose goods arrive late or who have not shipped everything that they committed to ship. Russell Zuppo, a vice president for consulting services at Uber Freight, reports that in their customer base, Walmart suppliers are currently paying 0.16% of the cost of goods sold in fines to Walmart.

Shipping 307

Shipping Real-time Visibility Supply Chain Design Software Supply Chain Planning Software 307

GlobalTranz

MARCH 7, 2016

Through the use of connected devices and greater abilities to capture data in real time, the concept of end-to-end visibility and improvement thru the use of supply chain analytics has changed. What Do Supply Chain Analytics Have to Do With This Ability? What About Supply Chain Entities That Have Time-Sensitive Products?

Procurement Analytics 226

Procurement Analytics Analytics Software Analytics Supply Chain Planning Software 226

Supply Chain Shaman

JANUARY 21, 2014

In companies, there is no standard model for demand processes. New forms of analytics make new capabilities possible. > Unfortunately, companies have invested money in traditional forecasting processes believing that if they make the forecast better that corporate performance will improve. It is evolving. Independent Demand.

Supply and Demand 393

Supply and Demand Modeling Demand Planning Software Forecasting 393

Unleashed

MARCH 9, 2021

What is procurement? 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. Procurement in 2021 and beyond.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

GlobalTranz

MAY 6, 2015

There should be metrics involved to monitor these objectives to ensure success across the supply chain. These metrics should be reviewed frequently to ensure supply chain success. Pull systems permit visual control of material flow in the supply chain.You can also use Ship-to-Use (STU) systems. Risk Management.

Agile and Lean Supply Chain 336

Agile and Lean Supply Chain Supply Chain Planning Software Waste Reduction Lean 336

GlobalTranz

DECEMBER 29, 2014

The manufacturing firm would then have to organise shipping of the defective product, testing the product, dismantling, repairing, recycling or disposing the product. The Ultimate Guide for Effective LTL Freight Management : we put on a 60 minute webinar entitled, “Best Practices for Effective LTL Freight Management and Shipping.”

Logistics Network Optimization Software 321

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 321

GlobalTranz

SEPTEMBER 26, 2018

This creates a wonderful opportunity for shippers to eliminate the middleman costs by considering the use of less-than-truckload freight options for e-commerce. This means consumers are turning to e-commerce for more products than ever before, and if the trend continues, the age-old statistic of e-commerce making up a mere 10 percent of U.S.

Shipping 184

Shipping Cost Reduction Strategies Expense Reduction Resource Reduction 184

GlobalTranz

MAY 18, 2018

Meanwhile, more companies are turning to entities outside of the company, like third-party logistics or integrators (3PLs and 3PIs) to manage omnichannel supply chains , reports Maarten Baltussen of Supply Chain Digital. If only online shopping is used, shipping options may include B or D. Download white paper.

Supply Chain Design Software 184

Supply Chain Design Software Supply Chain Software Omnichannel Analytics Software 184

GlobalTranz

SEPTEMBER 14, 2018

Today, more than half of the nation’s 140 retail chains in the top 500 offer omnichannel shipping and pickup options, and 72.1 percent of retail chains offer in-store returns of merchandise purchased online. Although pricing plays a big part, it also depends on the ability to offer unique services. Make your case to consumers.

Price Reduction 120

Price Reduction Cost Reduction Strategies Inventory Reduction Omnichannel 120

ivalua

OCTOBER 8, 2021

During the pandemic, Procurement flexed its muscle, helping to mitigate supply chain disruptions and enable new channels for engaging with customers and fulfilling orders. Here are four ways leading Procurement organizations can influence retail recovery in 2021 and beyond: 1. Decentralize Procurement. Rethink What’s Normal.

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

Talking Logistics

JUNE 22, 2015

Environmental Protection Agency (EPA) and the Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) jointly proposed standards for medium- and heavy-duty vehicles that would improve fuel efficiency and cut carbon emissions. billion barrels over the lifetime of the vehicles sold under the program.

Vendor Strategies 210

Vendor Strategies Cost Reduction Strategies Price Reduction Procurement Analytics 210

Freightos

AUGUST 10, 2024

Amidst this boom, some veterans of the AI industry question whether this cycle will be different, especially as some corporate entities report disappointing returns on their initial investments. The system learns from these interactions, continuously improving its responses.

Logistics Network Optimization Software 268

Logistics Network Optimization Software Modeling Software Supply Chain Planning Software Negotiating Skills 268

GlobalTranz

JUNE 11, 2015

The first post in this series broke down what is supplier quality management and the steps to evaluate suppliers and the second post gave you insight into the metrics to look out for by 6 major industries. If you have visited these Suppliers and reviewed their quality systems, you can talk about Continuous Improvement to improve quality.

Supply Chain Planning Software 305

Supply Chain Planning Software Supply Chain Design Software Quality Examples 305

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 336

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 336

Talking Logistics

JUNE 2, 2016

The potential opportunity to convert a significant portion of operating costs from fixed to variable. This assessment identifies the most important capabilities for which the newly divested company needs to account, which may include functions such as Procurement, Purchasing, Accounting and Supply Chain Operations itself.

3PL 157

3PL Optimal Sourcing Modeling Procurement Analytics 157

The Logistics of Logistics

OCTOBER 8, 2012

If you do not want to start at the 3PL as a contact customer with a SLA/KPIs, you can ship your goods and become a public account. As a contract customer, upfront costs will be a subject of discussion and negotiation. He is a guest speaker at the Purchasing Management Association and the University of Wisconsin-Madison.

Third Party Logistics 145

Third Party Logistics Negotiating Skills Purchasing Skills KPI 145

Talking Logistics

MARCH 9, 2017

With digital business-to-business (B2B) enhancements, industrial manufacturers can find prospective customers, research new suppliers, alert buyers to shipping delays and foster deeper trading partner relationships. It feeds analytics and fosters collaboration and insights for continuous improvement and high operational efficiency.

Supply Chain Network Software 154

Supply Chain Network Software Supply Chain Software Network Optimization Supply Chain Optimization 154

GlobalTranz

OCTOBER 27, 2015

Let's talk about the outputs, or desired metrics worth measuring, in each category of what a logistics company might provide. Six Sigma continuous improvements using DMAIC (Define, Measure, Analyze, Improve and Control), PDCA (Plan Do Check Act) and VSM ( Value Stream Mapping ) are applied for Cost Reduction and Process Improvements.

Six Sigma 301

Six Sigma Logistics Network Optimization Software Company KPI 301

Logistics Viewpoints

FEBRUARY 8, 2022

As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. Digital transportation management solutions can help by connecting the entire shipping network, including customers and carriers, in real time. While driving a projected $14.1

Logistics Network Optimization Software 260

Logistics Network Optimization Software Optimal Sourcing Supply Chain Planning Software Modeling 260

GlobalTranz

JUNE 12, 2018

Goodwill notes shipment data granularity and analysis are linked with better freight allocation , which means making use of the full spectrum of available shipping options, including full truckloads. Access our complete Full Truckload Shipping White Paper Series. Higher prices will also result in consumers jumping ship too.

Freight 179

Freight Price Reduction Supply Chain Planning Software Predictive Analytics Software 179

Logistics Viewpoints

MAY 15, 2023

They offer multiple customers across different verticals access to warehouse space, technology, and value-added services that includes e-commerce shipping and returns. In GXO’s annual report it states that roughly 30 percent of its revenue is from automated sites. This is substantially higher than the industry average of 8 percent.

Supply Chain Network Software 284

Supply Chain Network Software Supply Chain Planning Software Optimization Software Forecasting Software 284

Logistics Viewpoints

NOVEMBER 23, 2020

Ipsen purchased the RapidResponse supply chain planning product from Kinaxis. All of those stockouts were extremely small; Ipsen’s metrics counts a stock out for any product not immediately available in any nation, even if typical monthly sales are just a few units. Ipsen also need to reduce their lead times.

Supply and Demand 246

Supply and Demand Customer Service Logistics Network Optimization Software Supply Chain Planning Software 246

Talking Logistics

SEPTEMBER 13, 2016

To build more powerful relationships, extending across a critical mass of trading partners, companies need to utilize a robust platform like a supply chain operating network, which leads to increased visibility for continuous improvements in company performance, agility, and differentiation.

Real-time Visibility 195

Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software Supply Chain Software 195

GlobalTranz

FEBRUARY 17, 2016

Carrying slow-moving inventory or shipping damaged/incorrect product hurts customer relationships. Forecasting Cost : Food, fashion, and retail all have seasonal turnover. You can also place a blanket order with a supplier and manage releases versus taking in larger quantities to save costs. Let me know in the comments below!

Cost Reduction Strategies 227

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 227

GlobalTranz

JANUARY 7, 2015

Well, manufacturing companies who ship freight in North America. If we can provide value there, show our expertise, and get in front of those in manufacturing, we can educate, provide continual improvement, and in all transparency, show potential shipper customers that we understand their needs beyond just freight.

Manufacturing Procurement 300

Manufacturing Procurement Manufacturing Purchasing Skills Sourcing Strategies 300

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

Followed by the benefits to reduce logistics cost of expedites, demurrage and detention (58%), increase cash on hand by improving inventory management (23%) and to optimize carrier performance (19%). Certain shipping lines are investing in the last mile companies. The challenges to achieving visibility?

Rail Software 244

Rail Software Real-time Visibility Supply Chain Planning Software Predictive Analytics Software 244

SCMDOJO

JUNE 6, 2023

Supply chain optimization can achieve this with the help of data analytics. Data analytics helps businesses make data-driven decisions and initiatives. How does data analytics help supply chain optimization? Let’s explore the roles which data analytics play in this process. Why is it crucial? Download from the below link.

Optimal Sourcing 72

Optimal Sourcing Modeling Supply Chain Optimization Procurement Analytics 72

GlobalTranz

JUNE 2, 2016

The embedded representative helps solidify the 3PL relationship with the shipper/customer, or even futher, in the case of inbound shipping practices, the embedded company representative at the Supplier. The current Logistics or Purchasing Manager wants an answer as to “WIIFM?” It must be very beneficial and a “win-win” relationship.

3PL 120

3PL Manufacturing Procurement Optimal Sourcing Resource Reduction 120

Logistics Bureau

APRIL 4, 2022

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. and “what is a reasonable range of rates for our company’s typical shipping scenarios?”.

Benchmarking 96

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 96

Freightos

JULY 31, 2024

Amidst this boom, some veterans of the AI industry question whether this cycle will be different, especially as some corporate entities report disappointing returns on their initial investments. The system learns from these interactions, continuously improving its responses.

Logistics Network Optimization Software 177

Logistics Network Optimization Software Supply Chain Planning Software Modeling Software Supply Chain Software 177