GlobalTranz

FEBRUARY 25, 2021

How often do you think about your retail reverse logistics strategy? It’s easy to assume retail reverse logistics is solely based on returns. While this is partially true, all retail reverse logistics involve a backward flow of products that return to their origin. The Benefits of a Data-Driven Retail Reverse Logistics Strategy.

Reverse Logistics 253

Reverse Logistics Expense Reduction Inventory Reduction Supply Chain Strategy 253

GlobalTranz

FEBRUARY 25, 2021

What is reverse Logistics? Before we dive in the nuances of reverse logistics, otherwise known as return logistics, integration, let's briefly recap what reverse logistics is. Reverse logistics refers to all operations related to the reuse of products and materials. Managing return logistic can be challenging.

Reverse Logistics 210

Reverse Logistics Logistics Network Optimization Software Material Savings Logistics 210

SCMDOJO

NOVEMBER 9, 2023

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. The primary goal of inventory control is to reduce the costs associated with holding stock.

Inventory Reduction 79

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 79

Logistics Bureau

AUGUST 7, 2023

Effective inventory management has become increasingly crucial for businesses in this fast-paced and rapidly evolving era of ecommerce. Moreover, the ecommerce explosion has brought new and unique challenges that complicate inventory management for enterprises selling online.

Inventory Management Software 74

Inventory Management Software Inventory Reduction Inventory Management Inventory 74

Logility

AUGUST 31, 2022

It’s a complex problem, but you can successfully optimize inventory levels with the right approach and technology. With all of today’s supply chain disruptions, and new ones no doubt lurking around the corner, companies without optimized inventory are risking overpaying and underperforming. Inventory Optimization Challenges.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Disruption Optimal Sourcing Inventory Reduction 130

SCMDOJO

APRIL 15, 2024

The inner workings of logistics at Amazon are a marvel of efficiency, precision, and constant innovation. We’ll explore their logistics empire, from warehouse robots to futuristic visions, and discover how they manage millions of packages daily. Ever wonder how Amazon gets your package to your door so quickly?

Logistics Network Optimization Software 79

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

Freightos

SEPTEMBER 14, 2022

Logistics tech in 2022 has been unavoidably shaped by the two years that preceded it. While high, the shipping costs typically paled in comparison to the lost sales due to inventory shortages. Including, of course by leveraging global freight tech for BCOs. Uncertainty became the byword. The Weekly Freight Update. Signup Now.

Logistics 156

Logistics Cargo Comparison Freight 156

SCMDOJO

APRIL 9, 2024

The term “logistics” may be relatively new, but its general principles date back to ancient civilizations. The early Mesopotamians, Egyptians, Greeks, and Romans pioneered the principles of logistics and designed trade routes to facilitate their connections with other nations.

Supply Chain Design Software 76

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Design 76

Logistics Viewpoints

APRIL 22, 2024

But for that to occur, all of the dominos must fall into place: the product must be available to promise, there needs to be enough shipping capacity, and there needs to be an understanding of how inventory will be moved between mills and distribution centers. Of course, getting a promise right is vital.

Georgia 214

Georgia Optimal Sourcing Modeling Modeling Software 214

Logistics Viewpoints

OCTOBER 7, 2022

For those unaware of the term, shrink is an accounting term used to describe when a store has fewer items in stock than in its recorded book inventory. While this is not exactly the best news to hear, it’s time to move on to this week’s logistics news. Walmart in the news: Walmart, suppliers continue sustainability collaboration.

Logistics Network Optimization Software 184

Logistics Network Optimization Software Real Estate New York Logistics 184

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

Trends Transforming Logistics and Supply Chains In the MENA Region in 2023. by Dr Shereen Nassar , Global Director of Logistics Studies and Director of MSc Logistics and Supply Chain Management Suite at Heriot-Watt University Dubai. Flexibility for Resilient and Optimised Logistics and Supply Chain. billion USD by 2026.

Supply Chain Software 130

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 130

Logistics Viewpoints

FEBRUARY 8, 2022

Navigating an Increasingly Challenging Logistics Landscape. These e-commerce trends are placing increasing pressure on logistics teams to keep up with demand volatility, provide incredibly fast delivery, and reliably fulfill all their promises to customers and consumers. Logistics Digitalization Provides an Answer.

Logistics Network Optimization Software 187

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

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. This will help to prevent the reordering of slow-moving products and ensure optimum inventory levels.

Inventory Reduction 224

Inventory Reduction Warehousing Inventory Vendor Strategies 224

QAD

MARCH 30, 2023

As I discussed in a recent article in RFID Journal , RFID technology has changed a lot since 2005 and could be the secret to ensuring greater visibility and inventory accuracy this year. and bring inventory accuracy up to an impressive 99.9%. What is RFID Technology? RFID tags can reduce out of stocks by up to 80.3%

Manufacturing Procurement 92

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Supply Chain Software 92

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? But consider, too, how you can turn those needs to your advantage in inventory management.

Inventory Reduction 72

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 72

Supply Chain Game Changer

MARCH 26, 2020

Featuring Our 10 Best Inventory Management Articles! Inventory Management Best Practices article originally published by, and permission to publish here provided by, Dave Joseph at veridian.info. Use ABC Analysis to Categorize Your Inventory. The use of ABC analysis to categorize inventory is not a new concept.

Inventory Management Software 124

Inventory Management Software Inventory Management Inventory Reduction Inventory 124

Logistics Viewpoints

JANUARY 1, 2024

A customer can of course buy goods in a store. Historically, an OOM has access to all the company’s inventory. The system allocated which orders would get inventory from a given location to fulfill an order. These more advanced solutions leverage network inventory visibility and demand forecasting models and constraint logic.

Omnichannel 211

Omnichannel Modeling Optimization Software Optimization Modeling 211

Logistics Viewpoints

JULY 9, 2021

During a normal Olympics, millions of spectators flock to venues to watch over 300 events unfold over the course of two-plus weeks. And now on to this week’s logistics news. Restaurants, bars find suppliers’ inventories are running dry. However, this year, like most everything during Covid, will be different.

Logistics Network Optimization Software 165

Logistics Network Optimization Software Logistics Price Reduction Finland 165

Logistics Viewpoints

JANUARY 22, 2024

A customer can of course buy goods in a store. Historically, an OOM has access to all the company’s inventory. The system allocated which orders would get inventory from a given location to fulfill an order. appeared first on Logistics Viewpoints. This meant that retailers were not maximizing their profitability.

Supply Chain Optimization 233

Supply Chain Optimization Modeling Supply Chain Software Optimization Software 233

Logistics Viewpoints

AUGUST 17, 2022

Of course, we subsequently share interesting insights in Logistics Viewpoints articles. My Logistics Viewpoints colleagues and I have seen the value in autonomous mobile robots (AMRs) in the warehouse for many years. The post DHL Supply Chain’s Digital Transformation in the Warehouse appeared first on Logistics Viewpoints.

Warehousing 306

Warehousing Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 306

Supply Chain Game Changer

MAY 9, 2022

Even though supply chains have been around since the beginning of time, the field of Logistics and Supply Chain education has only recently been considered in depth. Let’s discuss the value of Logistics and Supply Chain education. The pandemic was the sole topic of the course in 2020. COVID-19 could change that.

Education 92

Education Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 92

Talking Logistics

OCTOBER 15, 2018

The Importance of Inventory Management. When it comes to inventory management, new trends are demonstrating that less is more. Having less inventory on-hand increases liquidation, allowing for a more agile response to shifting consumer trends. Getting the Right Tools for the Job.

Inventory Management Software 101

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 101

GlobalTranz

SEPTEMBER 10, 2018

As recently as 2016, the state of e-commerce logistics triggered a rush to expand warehousing. Challenges in Today’s State of E-Commerce Logistics The challenges of today’s e-commerce strategies were formed when supply chain leaders believed the only solution to e-commerce was expansion. Be accessible to customers.

Logistics Network Optimization Software 189

Logistics Network Optimization Software Logistics Demand Planning Software Inventory Management Software 189

Unleashed

OCTOBER 6, 2021

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. That makes sense – inventory is one of the most capital intensive areas for any product business. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Supply Chain Game Changer

SEPTEMBER 1, 2021

A successful new business model has come to the forefront, and it doesn’t require you to have an inventory. How You Can Manage Your E-Commerce Store With No Inventory. The customer only needs to order the product from your storefront, which means you won’t need an inventory. Third-Party Logistics (3PL). Drop shipping.

Inventory Reduction 87

Inventory Reduction Inventory Supply Chain Design Software Logistics Network Optimization Software 87

Freightos

JUNE 6, 2023

Listen to the full podcast interview here ) Source: Fort Of course, this stark reality was faced by many small and medium-sized businesses (SMBs) during the peak of the pandemic. This made supply chain living easier – most (74%) importers report that their logistics operations are at least as smooth as they were pre-pandemic.

Manufacturing Procurement 243

Manufacturing Procurement Optimal Sourcing Inventory Reduction Supply and Demand 243

RFgen

SEPTEMBER 29, 2022

Supply chain professionals from diverse industries shared their current inventory management efforts, challenges, and future plans in our newly released annual Digital Inventory Report. Why Inventory Management Should Be Digital and Automated. Barcode scanning is only one type of digital inventory management tool available.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Demand Planning Software Modeling Software 52

Logistics Viewpoints

APRIL 27, 2023

Analyze potential gains – WMS spending makes sense when you consider that an implementation can save your organization between 15% and 25% in inventory, provide almost 100% inventory accuracy, and reduce labor costs between 20% and 30%. appeared first on Logistics Viewpoints. To read the full article, click HERE.

Supply Chain Planning Software 202

Supply Chain Planning Software Modeling Software Logistics Network Optimization Software Supply Chain Software 202

Supply Chain Matters

JULY 7, 2023

Logistics Managers Index (LMI) that again dropped to an all-time low for June 2023. According to the June report summary , the primary driver of the latest decline was the inventory metric, which reportedly contracted 6.5 Supply Chain Matters provides highlights and added perspectives on the release of the U.S.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Inventory Reduction Negotiate Pricing 52

Logistics Bureau

MAY 24, 2021

Among the universal challenges that the COVID-19 pandemic has imposed upon the supply chain management profession is the question of inventory, specifically, “how much is enough?”. It wasn’t long ago that businesses were asking, “By how much can I reduce my levels of inventory?”. Let’s Start with Safety Stock.

Inventory Reduction 98

Inventory Reduction Inventory Supply Chain Planning Software Company 98

Freightos

MAY 13, 2019

They build internal tools and then offer them as a service – just like Amazon warehouses were first used for their inventory and then opened up for FBA sellers, trucking will go the same way. From a logistics perspective, I think she’s on to something. Of course, as many have pointed out, they’re not a monopoly.

Logistics Network Optimization Software 149

Logistics Network Optimization Software Logistics Supply Chain Planning Software Freight 149

SCMDOJO

MARCH 19, 2024

This might involve optimizing inventory levels, negotiating better deals with suppliers, or implementing just-in-time manufacturing techniques. These functions include procurement, production planning, inventory management, logistics, and customer service.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

SCMDOJO

FEBRUARY 20, 2023

It involves various activities, such as warehousing, inventory management, transportation, and logistics. This can include examining everything from inventory management and order fulfilment to warehousing, delivery, and customer service. Optimizing inventory can also be achieved by leveraging technology and data analytics.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 101

Cathy Roberson

SEPTEMBER 7, 2021

Despite supply chain costs increasing and available capacity almost a rarity, retailers are undertaking a variety of ways to make sure they receive their inventory in time for the ever-important holiday season. “We feel good about the composition of our inventory. It's been difficult to plan inventory flow with much precision.

Inventory Reduction 92

Inventory Reduction Inventory Sourcing Strategies Retail 92

GlobalTranz

FEBRUARY 24, 2021

Of course, more data amounts to increased visibility and, therefore, actionability to prevent disruptions from contributing to higher freight spend. As also reported by Accenture , “To help leaders use insights to respond with confidence, companies should use a logistics control tower to get a real-time view of operations.

Resource Reduction 276

Resource Reduction Cost Reduction Strategies Inventory Reduction Supply Chain Planning Software 276

GlobalTranz

SEPTEMBER 17, 2018

Supply chain leaders need to understand why logistics fundamentals will continue to shape e-commerce shipping strategy. In other words, filling more orders is great, but it still requires significant use of logistics resources. How can a company offer the best deal without taking advantage of the lowest logistics costs?

Resource Reduction 185

Resource Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 185

EazyStock

DECEMBER 13, 2020

Uncertainty is all but guaranteed in 2021 – the best course of action is to mitigate whatever risks you can. Optimize Inventory. Start with a detailed overview of what inventory is currently in your supply chain. Next comes crafting an inventory management plan to mitigate your greatest risks.

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Inventory Management Software Resource Reduction 98