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

QAD

FEBRUARY 7, 2023

This requires establishing KPIs and specific metrics of success to assess performance against. Outsourcing: When you trust a supplier, you can transfer to them time-consuming activities like managing inventory levels or certain aspects of customer service.

Price Reduction 97

Price Reduction Material Savings Vendor Strategies Inventory Reduction 97

GlobalTranz

OCTOBER 20, 2017

Now includes installation, so home improvement shippers, like Home Depot and Lowes Home Improvement, must now consider eCommerce to be a venue for selling items requiring installation and assembly, reports Stuart Lauchlan of Diginomica. White Glove Logistics Service Overcome Last Mile eCommerce Challenges. White glove service.

Logistics Network Optimization Software 122

Logistics Network Optimization Software Logistics Procurement Analytics Cost Reduction Strategies 122

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. 3PL/SLA Skills/Knowledge.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

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. A good returns policy is crucial for ensuring a smooth customer experience. This may involve freight partners.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Cost Reduction Strategies Material Savings 52

The Logistics of Logistics

APRIL 6, 2013

Many customers manage their Logistics providers with an SLA. The service level agreement should be detailed with Key Performance Indicators (KPIs). These KPIs are different for each customer-Service provider agreement. In my opinion, a service level agreement should be used in any customer-3PL engagement.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Negotiating Skills KPI Purchasing Skills 100

Talking Logistics

JUNE 2, 2016

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. Step 2: Leverage a Transitional Service Agreement Wisely.

3PL 100

3PL Optimal Sourcing Modeling Procurement Analytics 100

Logistics Bureau

NOVEMBER 16, 2020

You learn the suppliers’ business, you learn the customers’ business. It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. Why Choose a Job in the Supply Chain Industry? It’s a constantly-changing, ever-expanding industry.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

GlobalTranz

JUNE 18, 2015

So, many suppliers utilize outside logistics management to ensure customers remain fully satisfied and continue to repeat purchasing. Companies that integrate reverse logistics systems into their logistics systems distinguish themselves from competitors in: effective management of inventory availability and cost.

Reverse Logistics 120

Reverse Logistics Optimization Software Demand Planning Software Supply Chain Network Software 120

Unleashed

JANUARY 14, 2024

It refers to the process of purchasing, storing, and tracking the various goods required to build a product. The goal of manufacturing inventory management is to balance the supply and demand of products and minimise manufacturing costs and waste. For this reason, food manufacturers in particular run a high risk of spoilage and waste.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

Supply Chain Shaman

SEPTEMBER 3, 2015

While I agree that companies need to right size inventory to maximize ROIC and improve customer service, there are many underlying decisions that I feel many companies do not make consciously. Cycle stock is the management of stock required to cycle through production runs and procurement buys effectively. My Insights.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Unleashed

JANUARY 3, 2023

Without an accurate grasp of production costs and how they relate to sales throughout different periods, you may never realise that the products you think are selling well are some of your biggest laggards. Production lead times aren’t profitable The moment that you purchase raw materials, you also lock access to all that capital.

Manufacturing Procurement 96

Manufacturing Procurement Material Savings Expense Reduction Inventory Reduction 96

American Global Logistics

SEPTEMBER 26, 2023

Adopting an obsessive customer focus is a proven strategy to achieve this. Zappos , Ritz-Carlton , and Nordstrom have made exceptional customer service integral to their brand. This differentiation makes it much easier to attract and retain loyal customers. Tie incentives to customer-centric goals.

Procurement Analytics 52

Procurement Analytics Expense Reduction Cost Reduction Strategies Price Reduction 52

Supply Chain Collaborator

JANUARY 30, 2019

A recent American Shipper report on the subject of domestic TMS adoption by shippers in the US reveals that just shy of two thirds of US companies with more than $100 million in annual freight spend are using TMS systems to manage transportation.

Procurement Analytics 60

Procurement Analytics Manufacturing Procurement Network Design Software Procurement Solutions 60

FLEXE

JUNE 14, 2018

Now, its two-day promise isn’t even its fastest offer—for many Amazon purchases, next- or same-day delivery is available and free. Assumptions and intuition don’t drive business decisions, quantifiable metrics do. Post-purchase operations can feel like it’s out of your hands. Do they want fast shipping? Free shipping?

Procurement Analytics 34

Procurement Analytics Purchasing Skills Procurement Solutions Resource Reduction 34

FLEXE

JUNE 14, 2018

Now, its two-day promise isn’t even its fastest offer—for many Amazon purchases, next- or same-day delivery is available and free. Assumptions and intuition don’t drive business decisions, quantifiable metrics do. Post-purchase operations can feel like it’s out of your hands. Do they want fast shipping? Free shipping?

Procurement Analytics 34

Procurement Analytics Purchasing Skills Procurement Solutions Resource Reduction 34

Supply Chain Game Changer

NOVEMBER 11, 2018

Obviously, shippers cannot track what consumers use their personal devices for all the time, but they can use metrics and Big Data to track what consumers are doing on their respective e-commerce sites. Retailer differences in SKUs and returns options for both e-commerce and brick-and-mortar store purchases can complicate the issue.

Inventory Reduction 43

Inventory Reduction Cost Reduction Strategies Supply Chain Strategy Strategy 43

Unleashed

DECEMBER 20, 2022

Covered In this Business App Guide: Apps for your clients’ tech stack Accounting apps Lightyear Lightyear is a purchasing and accounts payable automation platform which was established in 2017. Syft Analytics Syft Analytics is an AI-powered forecasting tool that reviews, analyses, and predicts financial data.

Forecasting Software 98

Forecasting Software Inventory Management Software Analytics Software Predictive Analytics Software 98

Supply Chain Collaborator

JUNE 10, 2016

A recent American Shipper report on the subject of domestic TMS adoption by shippers in the US reveals that just shy of two thirds of US companies with more than $100 million in annual freight spend are using TMS systems to manage transportation.

Network Design Software 60

Network Design Software Procurement Solutions Supply Chain Network Software Analytics Software 60

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. Now, if you are in this industry, you know that not every logistics company offers the same services. Is the customer happy with communication? Are your IT systems state-of-the-art?

Six Sigma 120

Six Sigma Logistics Network Optimization Software KPI Company 120

Logistics Bureau

AUGUST 10, 2017

If you’re competing on cost, then you might need to get products to the customers’ doors without charging shipping fees , or perhaps you’ll stop short of home delivery and ask customers to pick their purchases up from a storefront or some other predefined point (we’ll discuss some related concepts, like smart-lockers, later).

Supply Chain Planning Software 44

Supply Chain Planning Software Cost Reduction Strategies Inventory Reduction Price Reduction 44

6 River Systems

OCTOBER 14, 2022

It all centers on customer service — you have a customer online who decided to buy something your business makes or sells. The fulfillment process is how it gets from you to your customer. Some items can and should be sent through parcel delivery services (typically for B2C shipments, but not always).

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Material Savings 52

ShipBob

FEBRUARY 26, 2024

It involves assessing how the overall supply chain performed, analyzing metrics, and how well you managed exceptions. You’re not paying for excess inventory or spending money on the costs associated with carrying them. As a result of this improved forecasting precision, you can plan your procurement more accurately.

Forecasting 52

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 52

Unleashed

FEBRUARY 28, 2023

Creating efficient warehousing processes can result in less downtime, lower running costs, and better customer service. Here, we’ll talk about what receiving efficiency is, how to measure it using warehousing metrics, and cover a few different ways to optimise your inward goods process. What is receiving efficiency?

Inventory Management Software 52

Inventory Management Software How To Inventory Reduction Warehousing 52

Unleashed

DECEMBER 6, 2021

We’ve identified 6 important categories that wholesaling features fall under: Inventory management Supply chain Customer orders Warehouse management Data and analytics Key software integrations And within these categories, we give you 17 features to look for – and why they’re important. Inventory management 1.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Analytics Software 98

Unleashed

JUNE 23, 2021

Inventory analytics goes mainstream. Connected omnichannel services. By signing up to a cloud service provider, you gain access to new computing power, data storage and smart technology functions that can be set up in minutes and don’t require costly on-premise hardware. Accurately plotting costs based on live data.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

Unleashed

APRIL 12, 2023

Here are some more differences between B2B and B2C fulfillment: B2B orders cost more to ship, can take longer to reach their destination, and may require specialized handling equipment for loading onto dedicated freight transporters. Conversely, B2C order fulfillment offers rapid, low-cost, and often free, shipping.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Management Software Supply Chain Design Software Supply Chain Software 52

Logility

JUNE 28, 2017

Integrating tactical and detailed scheduling poses significant challenges but also provides the greatest payoff in the form of system-wide efficiencies and customer responsiveness. Multi-mode freight optimization is another value-added tool that should be investigated by process chemical manufacturers.

Chemicals 100

Chemicals Supply Chain Planning Software Supply Chain Design Software Supply Chain Optimization 100

GlobalTranz

JUNE 1, 2015

Overhead costs are excessive (due to systemic disorder). Customer service performance is poor. The now outmoded MRP scheduling approach too often moves inventory into stock that doesn’t reflect customer needs and cannot efficiently make frequent adjustments to accommodate variations in those needs.

Manufacturing Procurement 120

Manufacturing Procurement Waste Reduction Agile and Lean Supply Chain Inventory Reduction 120

Logility

AUGUST 17, 2016

Supply chain planning systems receive the forecast as input and plans the purchasing of materials, making of products, and overall operation of your supply chain. The system helps you improve availability, reduce costs, and manage your network of manufacturing facilities and sales channels to hit ever-increasing profit targets.

Material Savings 100

Material Savings Inventory Reduction Expense Reduction Resource Reduction 100

6 River Systems

DECEMBER 11, 2018

Implement supply chain actions, including with internal procurement teams, with suppliers and through broader collaboration, and develop measurable targets for these efforts. That’s an extremely efficient way of reducing total logistics costs while providing optimal customer service.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

ShipBob

MARCH 3, 2022

For Greg and many other retail businesses, success is heavily reliant on having a profitable cost per unit — and half of that battle is keeping your costs low. . Only when you know how much it costs to produce or procure a single unit of any SKU can you make more informed decisions on how much to sell it for.

Cost Reduction Strategies 52

Cost Reduction Strategies Material Savings Price Reduction Inventory Reduction 52

GlobalTranz

MAY 23, 2016

So, your organization has decided to explore the benefits and perks of less than truckload freight shipping. However, the set-up costs and initial implementation of LTL relationships can seem daunting. Let’s take a look at how the TMS impacts the costs of shipping over the long term in four critical areas. Customer Satisfaction.

Freight 136

Freight Shipping Cost Reduction Strategies Inventory Reduction 136

Logistics Bureau

JULY 11, 2018

As it is, even Amazon’s full potential is stifled by the existence of silos, as revealed in a Wall Street Journal report in 2017. While local knowhow or co-location of raw materials and early-stage manufacturing may make sense, the cost advantages that many enterprises expected may now be drying up. How long will offshoring last?

Agile and Lean Supply Chain 84

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Software Trends 84