Supply Chain Matters

JULY 15, 2022

This week, the company announced a reversal in manufacturing and supply chain strategy, as well as a major turnabout. Supply chain strategy, process, talent and enabling technologies each play important roles. Sourcing was both a cost as well as landed cost decision factor. Timing was a further crucial factor.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

GlobalTranz

SEPTEMBER 15, 2017

Editor's Note: Today's blog is from Cindy Banker with ProCorr Display and Packaging who is bringing us some great insight on how to reduce product damage. If you are a product manufacturer, you know all too well the perils of shipping products from your factory or warehouse to a DC or retailer. Inside the Box.

Material Savings 201

Material Savings Cost Reduction Strategies Resource Reduction Shipping 201

ShipBob

JANUARY 15, 2024

In this guide, we’ll explore the main causes of inventory glut, innovative strategies to tackle it, and how working with a 3PL can help reduce inventory risk. To properly manage it, businesses need to be proactive in implementing the right strategies and technologies. What is inventory glut? What causes inventory glut?

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

SCMDOJO

AUGUST 4, 2023

If so, then it’s time to consider the numerous benefits of reducing inventory. In this article, we’ll explore seven compelling reasons why you should reduce inventory and how it can be a game-changer for your business. In some cases, inventory levels can see an increase to save costs, increase profit, and more.

Inventory Reduction 90

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 90

ToolsGroup

JULY 12, 2023

Retailers can now supercharge their OMS with Dynamic Fulfillment’s advanced optimization logic that reduces markdowns and shipping costs, improves margins, and satisfies customer SLAs. By integrating Dynamic Fulfillment into their existing order management systems, retailers realize benefits immediately upon adoption.

Optimal Sourcing 156

Optimal Sourcing ToolsGroup Real-time Visibility Optimization Software 156

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. However, they represent distinct stages.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

GlobalTranz

FEBRUARY 16, 2016

This is the first of a two-part series where I will curate and cull information from my 4 decades of experience in logistics cost reduction at various positions in the supply chain. In this first part, I will focus on 6 places that you can apply to your organization to reduce costs and increase profit.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

GlobalTranz

DECEMBER 5, 2018

For example, a black swan event may include both the physical damage and ongoing disruption caused by a hurricane and subsequent bottlenecks, so shippers that know how to isolate the causes of poor visibility and areas that are likely to contribute to worsening of black swan events can effectively reduce their chances of coming to fruition.

Price Reduction 168

Price Reduction Resource Reduction Cost Reduction Strategies Inventory Reduction 168

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. In the first part I put forth 6 areas of focus in order to reduce logistics costs. A Focus on Inventory Control Begets Warehouse Cost Reductions.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

Supply Chain Game Changer

NOVEMBER 14, 2018

Certainly we should all reduce, reuse and recycle and it applies everywhere! As such we have the direct or indirect ability to take actions which can promote environmental sustainability, reduce carbon footprint impacts, and drive the creation of the Green Supply Chain. Supply Chain Carbon Footprint Reduction.

Waste Reduction 59

Waste Reduction Material Savings Resource Reduction Cost Reduction Strategies 59

GlobalTranz

OCTOBER 5, 2018

An omnichannel retail strategy is the new norm in today’s supply chains. Therefore, an omnichannel retail strategy must become the new standard business model for companies wanting to remain competitive. This is most obvious in business models allowing for ship-to-store and curbside pickup of online orders. In fact, 78% of U.S.

Modeling Software 196

Modeling Software Sourcing Strategies Cost Reduction Strategies Supply Chain Planning Software 196

Enterra Insights

JUNE 10, 2020

.” Cecere’s remarks beg the question: What should your company’s supply chain strategy be going forward? With tightening budgets and a need to stay connected using technology, it is more important than ever for transportation and logistics companies to have an effective mobility strategy in place.”[2]

Sourcing Strategies 130

Sourcing Strategies Price Reduction Resource Reduction Cost Reduction Strategies 130

Ware2Go

OCTOBER 21, 2021

Customer expectations for shipping are higher than ever. Why Shipping Costs Matter. In today’s anything, anytime connected world, shipping costs and delivery speed have become make-or-break factors for small-and-medium sized businesses (SMBs) across the business-to-business (B2B) and business-to-consumer (B2C) spectrum.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Inventory Reduction Resource Reduction 52

Logistics Viewpoints

APRIL 29, 2024

The company sources goods from 36,000 suppliers out of 30 nations. The goods flow through 3 import centers, 14 strategically located distribution centers in North America, 106 final-mile shipping hubs, and nearly 1,700 branch locations. We know what it costs to pick out of a rack or off of a shelf or out of AutoStore.

Supply Chain Design Software 215

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chain Optimization 215

ShipBob

AUGUST 3, 2021

In this article, you will learn the importance of supply chain agility, what it means to be agile, plus strategies and best practices you can incorporate into your supply chain. Reduce supply chain costs. An effective way to streamline processes is to introduce automation to reduce manual work. Meets market demands.

Agile and Lean Supply Chain 119

Agile and Lean Supply Chain Sourcing Strategies Inventory Reduction Material Savings 119

Supply Chain Game Changer

APRIL 21, 2020

A “Don’t Touch” Strategy will Dramatically Lean out your Supply Chain! The overarching strategy for limiting exposure to, and spreading of, the Coronavirus is that of Social Distancing. One approach is to develop and deploy Don’t Touch Supply Chain strategies! Subscribe Here! Email Address.

Waste Reduction 91

Waste Reduction Inventory Reduction Cost Reduction Strategies Material Savings 91

GlobalTranz

APRIL 20, 2021

A resilient supply chain incorporates alternative sources, carriers, routes, and other characteristics so that it can flex in response to a situation. Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic. Tips For Building Supply Chain Resiliency.

Supply Chain Planning Software 288

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Design Software Sourcing Strategies 288

Synovos

JULY 24, 2023

For example, RS has reduced its Scope 1 and 2 carbon emissions by 58% since 2019/20 with progress made in the year through distribution center energy efficiencies and renewable electricity. It has also reduced its Scope 3 transportation emissions intensity by 28% since 2019/20, thereby achieving its 2029/30 goal seven years early.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Strategies Government 52

Logistics Viewpoints

OCTOBER 18, 2023

Or have these concerns been replaced with cost-price inflation and compressed profit margins? Source: J.P. But cross-border trade is an important part of the global economy and much of this trade is in physical goods that must be stored, shipped, transported, and eventually consumed. But what about now?

Manufacturing Procurement 265

Manufacturing Procurement GEP Purchasing Skills Logistics 265

The Logistics of Logistics

JANUARY 14, 2022

Brad is the Co-Founder and former Chief Executive Officer of SwanLeap , a leading transportation, consulting, and technology firm specializing in supply chain best practices and cost reduction strategies. About Brad Hollister. Brad Hollister is the Co-Founder and former Chief Executive Officer of SwanLeap. About SwanLeap.

Price Reduction 186

Price Reduction Cost Reduction Strategies Sourcing Strategies Logistics Network Optimization Software 186

Logistics Viewpoints

AUGUST 2, 2021

Driver dwell is a key source of driver dissatisfaction and contributes to the driver shortage. Weisenberger is leading their digitally enabled shipping initiative, she works in distribution operations rather than transportation. This is one of the company’s first steps to their digital transformation in shipping. What made Ms.

Real-time Visibility 251

Real-time Visibility Shipping Sourcing Strategies Supply Chain Planning Software 251

Enterra Insights

MAY 31, 2019

Steve Osburn ( @skosbu ), Managing Director at Kurt Salmon — a part of Accenture Strategy specializing in Supply Chain, observes, “E-commerce customers in the U.S. A recent study from Accenture Strategy found that 62 percent of U.S. consumers expect orders, with free shipping, to arrive within three days. 6] Those rules are: 1.

Price Reduction 100

Price Reduction Cost Reduction Strategies Sourcing Strategies Omnichannel 100

Supply Chain Matters

JULY 25, 2022

As the calendar now moves to the second half of 2022, it is important to focus on rapidly changing developments including a marked escalation in geopolitical tensions that impact global supply chain strategies. Restoring More Direct Control in Materials Sourcing. For those businesses located in the U.S.,

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

Logistics Viewpoints

MARCH 8, 2021

Mr. Frasquet is the executive director of corporate procurement, although his responsibilities include a much broader set of supply chain responsibilities than just sourcing. Additionally, traditionally beauty consultants sold products and the company shipped products to the consultants. That is changing.

Supply Chain Design Software 255

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Modeling 255

Logility

JUNE 23, 2023

And next to impossible is creating plans in a timely manner when monitoring unrelated KPIs across multiple disconnected sources of data. In most cases, this approach has become an agent of change that dramatically reduces costs and improves customer service. Supply chain organizations are no strangers to this frustration.

S&OP 199

S&OP Supply and Demand Supply Chain Planning Software Scenario Planning 199

SCMDOJO

MARCH 19, 2024

In essence, a structured supply chain department as described in the blog can help you deliver the right supply chain strategy and goals which helps cost reduction, improve customer service, on-time delivery, and better working capital. This avoids duplication of efforts and ensures a smooth flow of goods and services.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Intelligent Audit

JULY 27, 2021

Peak Season Inventory Management and Fulfillment Strategies to Keep in Mind. In addition, these delays have added significant transportation and warehousing costs for retailers.” Embrace tools for marketing and selling to a digital market to make shipping and tracking easier. Contact Intelligent Audit today to get started.

Inventory Reduction 52

Inventory Reduction Vendor Strategies Cost Reduction Strategies Sourcing Strategies 52

SCMDOJO

APRIL 15, 2024

Amazon’s Mission Its unwavering commitment to customer satisfaction is at the heart of Amazon’s logistics strategy. Prime Membership: Amazon Prime – Subscription service offering benefits such as free two-day shipping, access to Prime Video, Prime Music, and exclusive deals.

Logistics Network Optimization Software 79

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 79

Unleashed

JANUARY 29, 2024

It involves the identification and elimination of low-performing or unprofitable products and the prioritisation of those that generate the most value for your customers and the greatest revenue for the business. This means that SKU rationalisation can help a business save on costs, increase sales, and enhance customer satisfaction.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

NC State SCRC

NOVEMBER 23, 2021

The current set of supply chain disruptions is being set off by a combination of COVID cases and energy disruptions in manufacturing hubs around the world, labor shortages, lack of capital infrastructure investment, misaligned transportation resources ( a lack of containers, ships, and trucks), and surges in consumer demand.

Resource Reduction 75

Resource Reduction Price Reduction Cost Reduction Strategies Material Savings 75

Unleashed

DECEMBER 15, 2019

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. International Sourcing.

Manufacturing Procurement 83

Manufacturing Procurement Sourcing Strategies Purchasing Skills Optimal Sourcing 83

Intelligent Audit

MARCH 23, 2021

Many factors play into shipping costs within the supply chain network. Executive team managers across the board have to focus on optimizing spending and reducing costs and expenses. Optimizing shipping costs and examining the budget and current spending will help improve operations across the supply chain network. .

Optimal Sourcing 52

Optimal Sourcing Analytics Software Optimization Software Cost Reduction Strategies 52

QAD

JANUARY 19, 2023

Supply chain management (SCM) is essential to any business strategy. Used to cut costs and maximize efficiency, supply chain trends cater to every business. E-commerce brands must oversee design, manufacturing, sourcing, warehouse inventory, shipping and delivery. Let’s dive in.

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 93

ModusLink Corporation

MARCH 8, 2023

warehouse order picker packing and sealing cardboard box with tape for dispatch As shippers and importers, there are many factors to consider when packaging and shipping products. It’s your role to figure out to reoptimize efforts and reduce costs. That’s a basic premise in any supply chain optimization strategy.

Material Savings 78

Material Savings Optimal Sourcing Packaging Resource Reduction 78

Intelligent Audit

MAY 6, 2021

technologies are creating new opportunities to digitalize the value chain and create sources of insight and opportunities to optimize networks in real-time.” The finance department needs to know what’s happening within transportation and how that impacts costs and capacity to improve transportation spend management performance.

Optimal Sourcing 59

Optimal Sourcing Network Optimization Sourcing Strategies Resource Reduction 59

Supply Chain Game Changer

MARCH 14, 2022

For example, if your business is dependent on getting merchandise from point A to point B as quickly as possible, then you’ll want to ensure that employees are spending their time effectively with activities such as shipping. Supply Planning & Sourcing Analytics.

Course 115

Course Supply Chain Planning Software Agile and Lean Supply Chain Vendor Strategies 115

Intelligent Audit

OCTOBER 12, 2022

It’s a common goal for people and industries worldwide to work together to reduce our collective carbon footprint and counteract climate change. The shipping industry plays a significant part in this equation, as carbon emissions from shipping make up a substantial portion of the problem.

Waste Reduction 52

Waste Reduction Resource Reduction Price Reduction Cost Reduction Strategies 52