Unleashed

MAY 7, 2023

With the right systems in place, manufacturing inventory management can help to reduce production and ensure all operational processes are carried out effectively and efficiently. In this guide, we cover the types of manufacturing inventory, the costs, and a few handy strategies for managing it effectively.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Material Savings Inventory 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

Supply Chain Game Changer

APRIL 11, 2019

A 2018 study found that free shipping was the number one feature for online shoppers. In addition, shipping costs are a major factor in shopping cart abandonment. Speed matters also: 25 percent stopped orders when shipping was too slow. Shipping times and methods are part of your third-party logistics operations.

Resource Reduction 53

Resource Reduction Resources Material Savings Inventory Management Software 53

Supply Chain Game Changer

APRIL 29, 2020

Do You Have Hidden Freight Costs? Ocean freight article and permission to publish here provided by Katherine Barrios at xeneta.com. Freight forwarders and shippers/BCO s are on a constant quest to have a better understanding of their ocean freight costs and ultimately have larger margins. Email Address. Plan effectively.

Negotiating Skills 69

Negotiating Skills Cost Reduction Strategies Optimal Sourcing Freight 69

ToolsGroup

FEBRUARY 7, 2021

I think it’s more that the idea of sourcing and how to buffer certain inventory will be definitely more localized. So also the demand for it and even the demand couldn’t be really supplied with inventory space. So this is definitely something from the supply side, what is the takeaway? There was a big peak.

Predictive Analytics Software 295

Predictive Analytics Software Retail Modeling Forecasting 295

Supply Chain Game Changer

FEBRUARY 1, 2022

Featuring Our Top 16 Articles on Freight and Logistics! In March of 2021 we heard about Logistics when a ship blocked passage through the Suez Canal. In the second half of 2021 we heard about the enormous log jam for overseas shipping in ports around the world. Definition of Logistics. Let’s explore.

Logistics Network Optimization Software 89

Logistics Network Optimization Software Logistics Resource Reduction Military 89

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

Sustainability is definitely coming of age in Asia. IDC also forecasts that by 2023, 30 percent of Asian enterprises will ship freight using a SaaS-enabled platform, resulting in improved efficiencies in load matching and reduced shipping costs. AI and ML will take the supply chain to the next level.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Software Modeling Software Forecasting Software 223

GlobalTranz

FEBRUARY 25, 2021

According to the Council of Logistics Management, it is “the process of planning, implementing, and controlling the efficient, cost effective flow of raw materials, in-process inventory, finished goods and related information from the point of consumption to the point of origin for the purpose of recapturing value or proper disposal.

Reverse Logistics 210

Reverse Logistics Logistics Network Optimization Software Material Savings Logistics 210

The Logistics & Supply Chain Management Society

SEPTEMBER 21, 2022

The devil is definitely in the details. Timing when stores need replenishment or when factory production will increase its demand, will likewise have better forecasting software to lower the overall waste in our inventory and retail systems. Train, ship and airline technologies are lagging behind, but there are steps happening.

Supply Chain Design Software 246

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Forecasting Software 246

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Industries experienced severe operational and financial consequences with issues like supply shortages, supply and demand surges, inventory shortfalls and reduced productivity. It measures the amount of elapsed time from when an order is accepted to when the product is produced and entered into finished goods inventory. Outbound KPIs.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

Logistics Viewpoints

NOVEMBER 29, 2023

That means that the holiday shipping season is in full swing too. ARC’s definition of omni-channel fulfillment is end-delivery centric. Warehouse Management Systems A WMS ’s primary mission is to manage a warehouse’s resources, including inventory, space, labor, equipment, tasks, and material flows. trillion and $5.23

Optimal Sourcing 249

Optimal Sourcing Optimization Software Forecasting Software Demand Planning Software 249

GlobalTranz

JULY 24, 2017

Last year, the 2016 State of Logistics Report alluded to rising shipping volume, partially responsible for decreased overhead costs, as a driving force behind declining overhead costs across all modes of shipping. Less-than-truckload (LTL) shipping has been amid a capacity crunch. Think about the benefits you want from your TMS.

Transportation Management 139

Transportation Management Optimization Software Analytics Software Supply Chain Design Software 139

GlobalTranz

JULY 10, 2017

So, let’s take a stroll through the broad and specific definitions of an OMS. This means order processing, call center management, customer service, inventory and warehouse management, marketing and accounting processes are combined into one resource. Monitor real-time order status, inventory and demand on your company.

Supply Chain Design Software 0

Supply Chain Design Software Demand Planning Software System Omnichannel 0

Supply Chain Game Changer

DECEMBER 22, 2021

If you run an online business, you definitely know that managing it involves many moving parts. Slow Shipping Speeds. Ensure that you create a fast, efficient, and streamlined eCommerce shipping process. To achieve this, work with a fulfillment service provider who respects shipping timelines to meet customer expectations.

Procurement Solutions 96

Procurement Solutions Purchasing Skills Predictive Analytics Software Inventory Reduction 96

CH Robinson Transportfolio

JANUARY 20, 2015

Air freight is often more expensive than any other mode of transportation. When considering the cost of a modal shift to air cargo, keep in mind that the freight cost is only one component of the equation. Don’t forget that shipping by air is not a one-size-fits-all option. You guessed it: Cost. Next Flight Out. Consolidated.

Supply Chain Optimization 34

Supply Chain Optimization Price Mitigation Strategies Freight Supply Chain Strategy 34

GlobalTranz

DECEMBER 11, 2014

In this series, we will first talk about how EDI in transportation works and what it is, covering the history of EDI in transportation, the definition, how it works technically, and then some common EDI codes used within the transportation industry. What is Electronic Data Interchange? How does Electronic Data Interchange (EDI) Work?

Electronics 262

Electronics Transportation Data Resource Reduction 262

Unleashed

JUNE 27, 2023

One wrong decision and freight costs can skyrocket, greatly impacting your profit margins. If you’re sending goods internationally, third-party freight forwarding services offer a frictionless solution. Here we explore what freight forwarders do, the benefits and risks of working with one, and how the freight forwarding process works.

Negotiating Skills 52

Negotiating Skills Freight Optimal Sourcing 3PL 52

Unleashed

MARCH 31, 2021

When we refer to the ‘supply chain’, we’re referring to the network of suppliers, manufacturers, producers, shipping companies and more who, when combined, produce, ship and sell products and services to end-users. Inventory days of supply. The difference between supply chain and logistics. What is the supply chain?

Supply Chain Planning Software 69

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 69

SCMDOJO

JULY 24, 2023

In this blog, we will answer the question: what is Contract Logistics, and explore its definition, solutions, challenges, and opportunities, understanding why Contract Logistics is considered as the hub of logistics today and how it can help businesses thrive in an ever-evolving market.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

PINC

OCTOBER 14, 2019

Coming into 2019, issues like the tariff wars, driver shortage, and rising freight rates were high on transportation managers’ radar screens. Freight rates have leveled off (and even retreated, in some cases). Reefer freight rates continue to drop, with a current national average of $2.14 economy expanded by 2.1%

Transportation 124

Transportation Trends Industrial Industry 124

Supply Chain Matters

AUGUST 11, 2022

In a previously published Part One look back commentary , we noted how outlooks for the global economy and for business uncertainties have significantly changed at the mid-year mark as the global economy shows definitive signs of uncertainty and lowered momentum. Mid-Year Global Transportation Assessment.

Predictive Analytics Software 52

Predictive Analytics Software Supply Chain Planning Software Cost Reduction Strategies Supply Chain Strategy 52

ShipBob

AUGUST 25, 2021

And if a business is paying too much in shipping costs, it can majorly reduce profit margins. The first-mile delivery stage has a direct impact on your shipping experience and improving the former will deliver substantial gains to the latter. First-mile delivery also relies strongly on location.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Optimization Software Inventory Reduction 52

Supply Chain Game Changer

FEBRUARY 19, 2019

From Click to Ship in 4 Minutes! Definitions. According to dictionary.com one of the definitions of Fulfillment is “the process or business of handling and executing customer orders, as packing, shipping or processing checks.” In essence these simple definitions capture the essence of these terms.

Supply and Demand 59

Supply and Demand Warehousing Manufacturing Procurement Reverse Logistics 59

RFgen

NOVEMBER 1, 2016

In the latter half of 2016, major trucking companies have been cutting their fleets down to size, a consequence of volatility in shipping demand. While the holiday season will bring a boost from retailers adding to their stock, it remains to be seen what long term prospects are ahead for the freight industry.

Inventory Reduction 52

Inventory Reduction Price Reduction Expense Reduction Cost Reduction Strategies 52

RFgen

NOVEMBER 1, 2016

In the latter half of 2016, major trucking companies have been cutting their fleets down to size, a consequence of volatility in shipping demand. While the holiday season will bring a boost from retailers adding to their stock, it remains to be seen what long term prospects are ahead for the freight industry.

Inventory Reduction 52

Inventory Reduction Price Reduction Expense Reduction Cost Reduction Strategies 52

Supply Chain Game Changer

NOVEMBER 19, 2018

Check out Brand Protection – The Definitive Role of the Supply Chain! From planning to negotiating to buying, from moving goods to processing goods, and from managing data to managing inventory. The Cash Cycle is a function of the days of Accounts Receivable, Accounts Payable, Inventory and Capital Expenditures.

Negotiating Skills 84

Negotiating Skills Cost Reduction Strategies Purchasing Skills Inventory Reduction 84

Talking Logistics

JANUARY 8, 2015

Two major shifts are changing the face of global transportation management as we know it: Supply chains are becoming increasingly complex, relying on partners and data beyond the four walls of the enterprise; The very definition of global transportation management is broadening and expanding well beyond the traditional TMS scope.

Global Transportation 100

Global Transportation Inventory Reduction Optimal Sourcing Cost Reduction Strategies 100

The Logistics of Logistics

OCTOBER 8, 2012

If you do not want to start at the 3PL as a contact customer with a SLA/KPIs, you can ship your goods and become a public account. This SLA/KPI has to be negotiated and agreed upon by you and your 3PL partner.This negotiation time can take three (3) to Six (6) months. Later, as you grow and gain experience, you can become a contract account.

Third Party Logistics 145

Third Party Logistics Negotiating Skills Purchasing Skills KPI 145

GlobalTranz

SEPTEMBER 16, 2016

There are several definitions of 3PL. These types of services include distribution and transportation management, public warehousing, contract warehousing and freight consolidation. Therefore, if your inbound freight delivery specifications are taken care of, 3PL has done its job! These include: . Supply Chain Management.

3PL 120

3PL Third Party Logistics Logistics Network Optimization Software Warehousing 120

Unleashed

NOVEMBER 1, 2021

Equipment that we’ve seen increasingly automated includes: Automated storage & retrieval : Robotic order picking systems and other storage or retrieval technology lets robots find, pick and move inventory around large warehouses – at a much faster rate than humans can and with less risk to safety.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Trends 98

Unleashed

MAY 18, 2023

Consignment inventory is stock that is stored with the purchasing company (the consignee) rather than the selling company (the consignor). As you might imagine, this two-way relationship can lead to complications in consignment inventory accounting. What is consignment inventory? Any unsold items are returned to the consignor.

Journal 52

Journal Inventory Procurement Analytics Purchasing Skills 52

Enterra Insights

MAY 3, 2018

Concerning consumer-facing cogs, Jeanne Bliss ( @JeanneBliss ), Founder and President of CustomerBliss, writes, “You probably know what omnichannel means, but a quick definition is always helpful. ” Burnson goes to note that e-commerce is having an impact on air freight hubs, maritime cargo, middlemen, and intermodal operations.

Omnichannel 100

Omnichannel Procurement Analytics Supply Chain Design Software Analytics Software 100

Supply Chain Game Changer

DECEMBER 4, 2020

It’s often assumed that large freight deliveries have to take several days to weeks to get to their destinations. For standard deliveries, that’s definitely the case. Some companies will also offer air and even rail shipping services if you need to make sure that your shipment gets to the destination as quickly as possible.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Transportation Company Rail Software 52

Enterra Insights

OCTOBER 17, 2018

Ferraioli and Burke bluntly state, “By definition, data is the lifeblood of the DSN and the technologies that make it possible.” ” Transactional data : “Post-business-process information such as purchasing inventory records or sales volumes by region.” ”[1]. Digital supply chains start with data.

Supply Chain Design Software 100

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

Zipline Logistics

JANUARY 10, 2023

In order to ensure that we are all on the same page let’s begin with some simple definitions. This looks like increasing order visibility and analyzing performance data using shipping intelligence software. CPU is an alluring logistics option in which your customer picks up your freight for you. Perform a network analysis.

Supply Chain Software 52

Supply Chain Software Security Supply Chain Strategy Logistics Network Optimization Software 52

Unleashed

JANUARY 16, 2024

It takes into account sales and production costs, along with any additional fees required to ship a product to the end consumer. Landed is the total cost of a product after it has been shipped to a customer. It includes any raw materials, freight, customs duties, insurance, warehousing, and related fees and overheads.

Cost Reduction Strategies 52

Cost Reduction Strategies Material Savings Price Reduction Inventory Reduction 52

Supply Chain Shaman

MAY 13, 2015

I knew nothing about the world of logistics, inventory management and order optimization. Figure 1: Definition of the Supply Chain Organization. For clarity, let’s start with a definition. The flows are typically linear and the analysis is on alternate modes and best shipping lanes. The year was 1985.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Agile and Lean Supply Chain 150