BlueYonder

FEBRUARY 4, 2014

Misaligned incentives and lack of accountability: Commercial teams are mainly measured by the volume and revenue driven metrics whereas Operations teams are mainly measured on cost oriented metrics such as inventory turns and production and distribution efficiencies.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning 100

Silvon Software

NOVEMBER 14, 2024

Inventory Optimization based on actual sell through to streamline inventory management processes, reduce stockouts, minimize excess inventory, and improve overall supply chain efficiency. These gains stem from improved demand visibility, higher perfect order rates, reduced inventory levels, and faster cash-to-cash cycles.

Inventory Reduction 59

Inventory Reduction Price Reduction Resource Reduction Optimal Sourcing 59

SupplyPike

APRIL 10, 2020

Distribution centers are overrun and fairly chaotic right now trying to prioritize and fulfill orders, so be mindful of DC appointments and collect ready times to avoid OTIF or ORAD fines. Suppliers are also seeing issues with shipping companies being overwhelmed. Another solution is to create inventory reserves. Forecasting.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 98

Alloy

SEPTEMBER 3, 2019

Without this visibility into available inventory and focus on looking ahead to the future, you’ll find it hard to deliver the data-driven recommendations that retailers are looking for from their top partners. It’s calculated by dividing Retailer COGS by the average inventory on hand during the period. Weeks of Supply.

Forecasting 40

Forecasting Forecasting Software Alloy Retail 40

BR Williams Supply Chain Management

MARCH 31, 2022

This helpful software and a team who can implement it for you can quickly scale your business without expensive investments or unrealistic standards, from transparent inventory control and management to customer service tracking and company productivity reports. Inventory Visibility. What is a warehouse management system?

Cost Reduction Strategies 98

Cost Reduction Strategies Supply Chain Planning Software Material Savings Waste Reduction 98

6 River Systems

NOVEMBER 11, 2019

General warehouse industry statistics Warehousing costs & revenue statistics Warehouse efficiency statistics Labor statistics in the warehousing industry Automation adoption in the warehousing industry Warehouse performance metrics Warehouse automation stats: General warehouse industry statistics 1. According to data from the U.S.

Warehousing 91

Warehousing Supply Chain Software Supply Chain Planning Software Demand Planning Software 91

crisp

JANUARY 13, 2025

With the right data visibility, suppliers can reduce out-of-stocks by leveraging real-time DC and store-level information to implement more effective stock management strategies. Velocity metrics often convince retail buyers to add products to their assortments, with some having minimum velocity requirements. Book a demo today.

Waste Reduction 40

Waste Reduction Price Reduction Inventory Reduction Cost Reduction Strategies 40

GlobalTranz

APRIL 10, 2017

Reducing Costs in Shipping with a Focus on Inbound Logistics Strategy. While some vendors might disagree with plans to implement and inbound shipping strategy to reduce your costs, remember that you must look out for your company first. Metrics and Auditing Prevent Overbilling and Overpayment to Vendors for Shipping Costs.

Cost Reduction Strategies 243

Cost Reduction Strategies Vendor Strategies Inventory Reduction Negotiating Skills 243

Logistics Bureau

JANUARY 1, 2025

A Abaft: A point on a ship, toward the stern, and hence beyond the central point of the ships length. Abandon: In shipping, this term refers to the act of a shipper or consignee abandoning some or all of their cargo. ABC Inventory Control: An inventory control approach using ABC analysis and classification as its basis.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 76

Lucas

JULY 3, 2018

WERC’s Annual DC Measures Survey is a great tool for benchmarking your distribution center and warehouse operations, but it’s also a valuable resource for identifying trends across the industry. This year’s survey showed the growing importance of labor-related metrics in assessing DC performance. Annual workforce turnover.

DC 11

DC Survey Supply Chain Planning Software Analytics Software 11

Logistics Bureau

OCTOBER 6, 2024

They consider factors like demand forecasts, inventory levels, and production capacities to create efficient production and distribution plans. DC Distribution Centre – A warehouse facility that stores and distributes products to retailers, wholesalers, or directly to consumers.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 75

E2open

MARCH 1, 2018

Until recently, the supply chains for CPG companies used to end with their distribution centers (DCs) serving Walmart DCs. The demand from a Walmart DC or another retailer’s DC was lumpy by definition. If the loss of inventory is a challenge, the filtering through of real demand is an opportunity.

Supply and Demand 60

Supply and Demand Forecasting Modeling Supply Chain Planning Software 60

E2open

MARCH 1, 2018

Until recently, the supply chains for CPG companies used to end with their distribution centers (DCs) serving Walmart DCs. The demand from a Walmart DC or another retailer’s DC was lumpy by definition. If the loss of inventory is a challenge, the filtering through of real demand is an opportunity.

Supply and Demand 60

Supply and Demand Forecasting Modeling Supply Chain Planning Software 60

SupplyPike

MARCH 23, 2020

The product will have to be shipped from the reserve storage in the supplier’s warehouse to the primary storage in the retailer’s distribution center and then onto the store itself. Just one Walmart DC is one million square feet, so it can be tough making sure all products are where they need to be. Did we ship in full?

Forecasting Software 52

Forecasting Software Supply Chain Planning Software Forecasting Procurement Analytics 52

Zipline Logistics

MARCH 18, 2020

It currently just uses on-time metrics to grade suppliers and the store’s retail buyers can base purchasing decisions on a brand’s delivery performance. One large Sam’s Club distribution center (DC) is already using the new system. However, the remainder of the retailer’s DCs will make the switch by the end of March.

Vendor Strategies 52

Vendor Strategies Procurement Analytics Buyer Training Supply Chain Planning Software 52

Alloy

OCTOBER 3, 2023

Channel Performance in Walmart Luminate is intended to act as your single-source of truth for sales, inventory and forecast data. Channel Performance in Walmart Luminate gives you a true omni-channel view of sales, whether the purchase is in-store, delivered, shipped to store, picked up, or shipped directly to the customer.

Procurement Analytics 52

Procurement Analytics Analytics Software Forecasting Software Predictive Analytics Software 52

Alloy

JUNE 9, 2022

Brands don’t need to hold the inventory, may not need to arrange transportation and don’t need to forecast for that subset of products. Products are stored in a domestic warehouse before being shipped on to the retailer’s DC. To a brand, the direct import SKUs often present similarly to phantom inventory.

Consumer Goods 52

Consumer Goods Supply Chain Planning Software Forecasting Software Alloy 52

ThroughPut

MAY 2, 2024

From stockouts to increased costs, excess inventory, and reduced customer satisfaction, there are endless issues. To remain competitive in today’s market, you need to remain operationally agile, allowing you to rapidly adapt to unexpected changes in demand and keep your inventory and demand balanced at all times.

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Modeling 52

Veridian Solutions

JANUARY 23, 2019

retailers, up to 72 percent, lack click and collect capabilities, reports DC Velocity. Also, retailers must have full inventory visibility to know when product specs can be fulfilled through the storefront, as well as communicate with consumers regarding when their purchases will be ready for pickup. The overwhelming majority of U.S.

Retail 49

Retail Eliminating Excel in Purchasing Omnichannel Procurement Analytics 49

BlueYonder

JUNE 18, 2015

SCN: Why has omni-channel caused a sea-change for retail DC labor? For example, you have ecommerce orders being picked, packed and shipped at the stores to take advantage of that inventory, or you have something bought online and returned to a store. Why is that, and what is the impact on DC labor?

DC 40

DC Demand Planning Software Retail Just-in-Time 40

BlueYonder

JANUARY 5, 2015

Buy in-store and have it fulfilled by the ecommerce DC. The customer saves return shipping costs and hassle, and the retailer has a shot at another sale. Inventory should be shared across the enterprise. Follow along each day this week as we explore a new topic related to retailing in the digital age.

Pricing Training 40

Pricing Training Purchasing Training Procurement Analytics Purchasing Skills 40

ThroughPut

MAY 3, 2024

With the help of the best Logistics Management Software, you can effectively manage the multifaceted process involved right from the production cycle to the delivery of raw materials to shipping the finished products to the consumers. This is across route optimization, traffic management, inventory movement, and predictive maintenance.

Procurement Solutions 52

Procurement Solutions Logistics Network Optimization Software Supply Chain Planning Software Prescriptive Analytics Software 52

Veridian Solutions

JANUARY 14, 2019

retailers, up to 72 percent, lack click and collect capabilities, reports DC Velocity. Also, retailers must have full inventory visibility to know when product specs can be fulfilled through the storefront, as well as communicate with consumers regarding when their purchases will be ready for pickup. The overwhelming majority of U.S.

Retail 40

Retail Eliminating Excel in Purchasing Procurement Analytics Omnichannel 40

6 River Systems

DECEMBER 5, 2019

The modern warehouse is complex, and management must balance a number of factors including software, automation, training and processes such as receiving, picking and inventory management. If half of the orders you get come from 10% of the products you have in the inventory, put these items nearest the entrance of the picking area.

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Strategies Resource Reduction 52

Logistics Bureau

JULY 18, 2018

They may recall inventory from retailers or reprocess it because it has passed its sell-by date or demand is insufficient. From a shipping standpoint, reverse logistics works well when the product being returned is routed directly to the correct location. Take the hurdles like who pays for the shipping out of the equation.

Reverse Logistics 53

Reverse Logistics Logistics Network Optimization Software Logistics Vendor Strategies 53

Logility

APRIL 15, 2020

Without good demand planning, companies face the situation of unhappy customers, late shipments, cancelled orders, excess inventory, longer lead times, expedited shipping costs, and a host of other potential issues. The output of S&OP includes dollar-based sales predictions, production volume requirements and inventory levels.

Forecasting 248

Forecasting Forecasting Software Predictive Analytics Software Demand Planning Software 248

Supply Chain Action Blog

JULY 8, 2021

Amanda has been using some of the common metrics for forecast accuracy, including MAPE (mean absolute percentage error) and weighted MAPE, but the statistical forecast doesn’t seem to improve and the qualitative inputs from marketing and sales are hit or miss. What metrics should I use to measure forecast accuracy?

Forecasting 40

Forecasting Forecasting Software Optimal Sourcing Modeling 40

BlueYonder

JANUARY 31, 2022

2020 and 2021 saw retailers scrambling to meet increasing omni-channel demand via a range of new order-fulfillment and product-sourcing strategies such as curbside pickup and ship-to-store. million margin improvement from more effective inventory management, and a $1.4 The Power of Real-Time, Data-Driven Decision-Making.

Optimal Sourcing 40

Optimal Sourcing Supply Chain Planning Software Logistics Network Optimization Software Modeling Software 40

Unleashed

APRIL 27, 2022

67% of respondents said they were investing in the inclusion of environmental and social sustainability metrics as KPIs for their supply chain leaders. For example, US company Signify, which produces lightbulbs , agreed with the city of Washington, DC, to install 13,000 LED lights at no upfront cost to the city.

Material Savings 96

Material Savings Waste Reduction Cost Reduction Strategies Resource Reduction 96

DAT Solutions

DECEMBER 28, 2017

In this post, we want to focus on a common question: when a seller stocks inventory in multiple locations, how does one decide which to use to fulfill an order? Many online retailers keep inventory in multiple locations. It also strives to ship multi-item orders together. . Click here to listen to the full episode.

Shipping 70

Shipping DC Optimization Software Logistics Network Optimization Software 70

Logistics Bureau

NOVEMBER 30, 2024

It’s not unusual for example, for companies to measure their supply chain performance only on the basis of financial metrics like supply chain cost per order. If your company doesn’t get this part right, you can experience high labour costs, inventory shrinkage, damage, and supply chain bottlenecks that impact customer service.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Inventory Reduction Supply Chain Software 40

Logistics Bureau

SEPTEMBER 3, 2017

For example, two ocean carriers can join forces to share ship capacity. After the Ford Motor Company switched to a global material manufacturing system, it gave its suppliers access to the system for real-time information on stocks and shipping, with coordination by a 3PL of deliveries to achieve full truckloads of parts.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Logistics Manufacturing Procurement 3PL 40

6 River Systems

FEBRUARY 25, 2019

It is absolutely imperative to be in a position to do as much quality control as possible in house, so that all that is required thereafter is shipping from the manufacturer straight to the customer. “There are two tactics for optimizing your supply chain…” Supply chain is about having the right amount of inventory.

Optimal Sourcing 55

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Optimization Software 55

Logistics Bureau

OCTOBER 31, 2016

It’s not unusual for example, for companies to measure their supply chain performance only on the basis of financial metrics like supply chain cost per order. If your company doesn’t get this part right, you can experience high labour costs, inventory shrinkage, damage, and supply chain bottlenecks that impact customer service.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Inventory Reduction Supply Chain Strategy 40

Logistics Bureau

SEPTEMBER 3, 2017

For example, two ocean carriers can join forces to share ship capacity. After the Ford Motor Company switched to a global material manufacturing system, it gave its suppliers access to the system for real-time information on stocks and shipping, with coordination by a 3PL of deliveries to achieve full truckloads of parts.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Logistics Manufacturing Procurement 3PL 40

FLEXE

DECEMBER 22, 2016

The sample is shipped back to the designer and fitting team for approval, changes are made, another sample is shipped and finally it’s approved—sometimes a month later. It takes a week to mass produce the product in China and then two weeks to ship to the U.S. Then a sample must be made.

Distribution 34

Distribution Supply Chain Design Software Cost Reduction Strategies Price Reduction 34

GlobalTranz

JUNE 14, 2017

The answer lies using these omnichannel supply chain metrics to carefully track and improve operations continuously. Inventory Accuracy. This is a simple key performance indicator (KPI), another name for metrics, to track. It refers to the in-stock or out-of-stock accuracy of supplier inventory. Vendor Fill Rate.

Procurement Analytics 237

Procurement Analytics Omnichannel Metrics Supply Chain Design Software 237