Supply Chain Shaman

DECEMBER 7, 2023

Expand the “FLOW” program for logistics information sharing to forecast transportation flow. The ability of an organization to deliver reliable and consistent results for revenue, margin, customer service, and quality in the face of demand and supply variability. We are not clear on definition.

Supply Chain Design Software 303

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 303

Supply Chain Shaman

FEBRUARY 7, 2022

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Source E2open Shipping Index). Focus on Cost. The Chief Financial Officer gained more presence with procurement and IT reporting to finance. A Decline in Innovation. Less Collaborative.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

QAD

JULY 1, 2021

Here’s a formula to calculate your total direct materials costs: Beginning Inventory + Added Purchases – Ending Inventory = Total Direct Materials Costs. Direct labor is simply the costs associated with paying people to create the product. Where can I improve processes or purchasing to wisely cut costs or time?

Manufacturing Procurement 89

Manufacturing Procurement Procurement Analytics Cost Reduction Strategies Purchasing Skills 89

Logistics Viewpoints

OCTOBER 19, 2023

By the end of the year, I realized that the arrival window was merely being postponed automatically and repeatedly at the same cadence, so I called customer service. The distribution center (DC) hadn’t released the order, but customer service didn’t have access to the right systems to see exactly what was wrong.

Supply Chain Planning Software 225

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 225

Enterra Insights

NOVEMBER 26, 2019

Not surprisingly, companies that employ advanced analytics to improve decision making and execution have the results to show for it.”. One of the new tools available to decision makers is predictive analytics. Leveraging predictive analytics is as close as business leaders will come to having a crystal ball.

Predictive Analytics 100

Predictive Analytics Predictive Analytics Software Analytics Software Procurement Analytics 100

GlobalTranz

SEPTEMBER 12, 2018

To achieve lasting success, shippers need to understand how e-commerce shipping strategies are quintessential steps in this process. An Effective E-Commerce Shipping Strategy Mitigates Losses From the “Retail Apocalypse.” This is the making of an effective e-commerce shipping strategy. GET YOUR COPY HERE. Download White Paper.

Resource Reduction 182

Resource Reduction Cost Reduction Strategies Price Reduction Supply Chain Strategy 182

GlobalTranz

JULY 13, 2015

Throughout the supply chain, the use of metrics to track and understand processes provides an invaluable resource for ensuring increased production and customer satisfaction. What Distribution Center Metrics Need Tracking? However, the most important metrics can be categorized into the following eight areas.

Procurement Analytics 120

Procurement Analytics Metrics Distribution Inventory Reduction 120

Logility

JANUARY 26, 2017

The second part of Drucker’s quote, “if you can't measure it, you can't improve it,” really brings home the importance of having the right set of metrics. In the field of supply chain management, we have created an abundance of metrics and key performance indicators (KPIs). requires a different set of metrics.

Procurement Analytics 100

Procurement Analytics Metrics Supply Chain Planning Software Gartner 100

Supply Chain Shaman

NOVEMBER 21, 2022

There is no magic ball on design: the organization’s reporting structures vary by culture and size. As shown in Figure 1, the reporting relationships vary. Supply Chain Reporting Structures. Why are orders not shipped on time? For each issue in the customer service analysis ask, “When did we know?

Supply Chain Planning Software 288

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 288

Supply Chain Game Changer

AUGUST 21, 2022

A global chemical manufacturer recently had to replace ships that transported bulk materials to ports. These materials were then transferred to barges and rail cars for delivery, and finally to terminals where they were packaged into shipping containers for final delivery by rail.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

GlobalTranz

OCTOBER 2, 2017

One of the first problems with creating a last mile logistics strategy is cost. According to Mitchell’s NY , last mile logistics is seen as the least efficient leg of shipping, and it accounts for up to 20 percent of the total shipping cost of a product. Be Consumer-Centric. Measure Performance.

Inventory Reduction 363

Inventory Reduction Cost Reduction Strategies Logistics Network Optimization Software Supply Chain Strategy 363

ToolsGroup

AUGUST 1, 2022

Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. 84% of buyers read the return policy before making an online purchase.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

Intelligent Audit

MAY 20, 2021

Shipping may be the final part of the retail experience, but it is often the one that consumers base their overall experience upon. A bad experience with retail shipping can overshadow great products and reasonable pricing. The modern-day supply chain network relies on fast and affordable shipping solutions for retail customers.

Meeting 52

Meeting Analytics Software Purchasing Skills Shipping 52

GlobalTranz

JUNE 30, 2017

Customers can place orders online, by phone, in person and in nearly any other means desirable. Unfortunately, this means manufacturers face an even greater challenge, as more customers translate into greater use of customer service. In addition, customers are continuing to demand lower prices and free shipping.

Manufacturing Procurement 205

Manufacturing Procurement Manufacturing Procurement Analytics Price Reduction 205

Unleashed

FEBRUARY 29, 2024

Retail software works by automating and digitising key retail management processes to streamline operations, improve efficiency across the business, and minimise costs. It unites sales processing functions with features such as vendor management , inventory, sales, customer service, marketing, and accounting.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Inventory Management Software Analytics Software Supply Chain Planning Software 52

GlobalTranz

FEBRUARY 6, 2017

Amazon’s purchase of Kiva Robots changed the landscape of robotics in the supply chain. Meanwhile, Lowe’s has created the LoweBot , which boosts customer service, explains Dan Gilmore of Supply Chain Digest. Meanwhile, Lowe’s has created the LoweBot , which boosts customer service, explains Dan Gilmore of Supply Chain Digest.

Supply Chain Planning Software 120

Supply Chain Planning Software Procurement Analytics Manufacturing Procurement Trends 120

GlobalTranz

APRIL 25, 2017

Therefore, more companies have partnered with third-party logistics providers ( 3PLs ) to achieve greater supply chain savings and presence in such markets through enhanced transportation management systems ( TMSs ). To maintain your role in the global market, you need to understand how 3PLs contribute to an improve transportation networks.

Cost Reduction Strategies 156

Cost Reduction Strategies Resource Reduction Vendor Strategies Expense Reduction 156

Supply Chain Shaman

MARCH 12, 2019

The IT taxonomy for visibility is supply chain analytics. As you implement supply chain analytics and use control theory with well-defined reference data with clear bands for control, process improvement ensues. The team was seeking analytics to monitor process compliance. Visibility Maturity Model.

Prescriptive Analytics Software 173

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 173

Intelligent Audit

AUGUST 25, 2021

As shippers, carriers, and retailers across the country prepare for parcel peak shipping and increasing peak season transportation demands, the need for effective and affordable management processes is critical. Higher peak season projections will continue with the increase in digital shipping and e-commerce opportunities.

Transportation Management 52

Transportation Management Vendor Strategies Transportation Resource Reduction 52

GlobalTranz

OCTOBER 11, 2018

According to Randy Strang of Supply Chain 24/7, a survey of the most important parts of a shopping experience found customers’ expectations are more than meets the eye. Up to 62 percent want to purchase online and have the option of returning it in-store, and 47 percent want promotions and coupons available through their smartphone.

Inventory Reduction 186

Inventory Reduction Price Reduction Cost Reduction Strategies Supply Chain Strategy 186

GlobalTranz

AUGUST 8, 2018

Business-to-business (B2B) purchasers have a stake in ensuring B2B suppliers, partners, and distributors can fulfill orders and provide enough information about such transactions to meet end-user demands. In other words, the same demands of consumers exist in B2B purchasers. Decreased shipping costs.

Vendor Strategies 120

Vendor Strategies Cost Reduction Strategies Supply Chain Software Supply Chain Strategy 120

GlobalTranz

OCTOBER 2, 2018

Yet, as few as 33 percent of shippers have taken advantage of a transportation management system (TMS), reports Michael of Levans of Logistics Management. This is due to the higher rate of returns associated with e-commerce purchases.

Logistics Network Optimization Software 198

Logistics Network Optimization Software Material Savings Vendor Strategies Cost Reduction Strategies 198

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. due to the higher costs associated with online selling. Transportation: Moving to a Digital Environment.

Logistics Network Optimization Software 187

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

3rdwave

AUGUST 7, 2019

There are 4 fundamental areas where global transportation is challenged. Three of these challenges are variants on traditional transportation challenges and the last is relatively new but growing in importance. These challenges are: Information Accessibility – visibility, reporting & analysis, communication.

Global Transportation 75

Global Transportation Transportation Management Purchasing Skills Negotiating Skills 75

GlobalTranz

JUNE 18, 2015

Product travel in reverse of their original paths from the seller to buyers’ locations, after which they may undergo disassembly and disposal or recycling, or repair or refurbishment, testing, packaging, warehousing, resale, shipping, customer support, and other reverse logistical processes executed by the seller outsourced services.

Reverse Logistics 120

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

Talking Logistics

JANUARY 24, 2017

Today’s post is from Manhattan Associates highlighting four methods for operationalizing scalable, labor-efficient and associate-friendly ship-from-store processes. Regardless of these initial reasons, ship from store has become an omni-channel mainstay. Several factors are driving the trend, including: Difficulty predicting demand.

Shipping 100

Shipping Inventory Reduction Procurement Analytics Retail 100

Supply Chain Shaman

OCTOBER 8, 2019

The number one question that I am asked today by manufacturers across all industries is “How can I improve customer service?” Nine times out of ten improving customer service requires different management of the budget cycle and a rethinking of financial planning. Background. Time horizon. Bias and error. The reason why?

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

Zipline Logistics

DECEMBER 22, 2020

percent reporting LTL transit times had been extended by one or two days, and another 16.4 What Is Shipping Lead Time? Lead time typically refers to the total time needed from purchase order origination to delivery to a customer. When applied to a total transportation budget, that equates to substantial savings.

Freight 52

Freight Cost Reduction Strategies Shipping Price Reduction 52

GlobalTranz

APRIL 6, 2016

The transportation management system is undoubtedly one of the buzzwords of the modern logistics industry. Shippers around the globe are realizing why the time has arrived to take advantage of transportation management system benefits. Let's take a look at why it’s expanding and how it will benefit the shipping industry.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Demand Planning Software Transportation Management 120

GlobalTranz

JANUARY 25, 2017

Last year, the technology trends in logistics seemed straightforward, and many of our technology predictions came true. However, predictive analytics and value-added services are being poured into TMS models, and supply chain executives have taken notice. Thus, more inventors stepped up to the plate in 2016. .

Logistics Network Optimization Software 120

Logistics Network Optimization Software Supply Chain Design Software Predictive Analytics Software Supply Chain Planning Software 120

Unleashed

OCTOBER 30, 2023

Ecommerce consumers want fast, accurate deliveries and a transparent purchasing process. When it comes to customer service, how you manage your WooCommerce order fulfilment plays a vital role in meeting customer expectations. Once an order has been processed, the items also need to be picked, packed, and shipped.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Procurement Solutions Material Savings 52

QAD

JANUARY 19, 2023

E-commerce brands must oversee design, manufacturing, sourcing, warehouse inventory, shipping and delivery. Logistics is a larger focus for transportation companies. No matter the industry, customer satisfaction remains of utmost importance. Industry: carrier regulations, trade compliance and transportation.

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 95

GlobalTranz

DECEMBER 29, 2014

There are countless number of logistics service providers who offer many different types of broad and niche services. Some logistics involves transportation or warehouses or both. If the product is defective, the customer would return the product. Read the Full Post. Download the Webinar Replay. Read the Full Post.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

GlobalTranz

MAY 15, 2017

More companies are actively engaging with consumers in search of the ultimate omnichannel sales experience as the strength of online sales increase, reports Supply Chain Quarterly. Analytics to Uncover Issues in the Supply Chain. Modeling Systems to Simulate Possible Product Pathways. The Big Picture.

Supply Chain Design Software 151

Supply Chain Design Software Supply Chain Software Modeling Software Analytics Software 151

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

GlobalTranz

JANUARY 29, 2019

This level of supply chain and logistics automation will use technology embedded within video analytics to offer drivers an extra hand in the course of duty. The Move to LTL Digital Shipping. How New LTL Technologies & Processes are Changing the Shipping Game. Download WhitePaper.

Supply Chain Software 158

Supply Chain Software Supply Chain Design Software Logistics Network Optimization Software Trends 158

GlobalTranz

MAY 26, 2017

With the rise of Amazon, consumers have also been able to access an endless product array at historic, record-low shipping costs. However, the continued increasing demands of consumers are driving a shift away from process improvement to customer-focused logistics, and you need to understand how this will impact your operation.

Cost Reduction Strategies 166

Cost Reduction Strategies Expense Reduction Logistics Network Optimization Software Negotiating Skills 166