How to Determine if Your Distribution Fulfillment Strategy is Working

Cerasis

Knowing that your distribution fulfillment strategy is working gives you a better insight into how your business is performing. This is important for reducing order fulfillment errors, improving your inventory management and remaining competitive. The post How to Determine if Your Distribution Fulfillment Strategy is Working appeared first on Transportation Management Company | Cerasis. Distribution Supply Chain Distribution Fulfillment Strategy

Supply Chain Inventory Optimization – Beyond the Analytics

Cerasis

It is easy to make analytics the cornerstone of warehouse and distribution center management. While analytics offer remarkable insights into supply chain inventory optimization, warehouse managers must still understand how the use of slotting optimization technology impacts other processes. Siloed Data Must Be United for True Supply Chain Inventory Optimization. Better Inventory Management Needs Complete Control. Optimized Inventory Builds Credibility.

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Gaining Clarity on Inventory Effectiveness

Supply Chain Shaman

The technology world moves at a quicker pace than the world of manufacturing and distribution. The impact of complexity on inventory is not quick. To help, today I want to share some of the insights from our recent Inventory Optimization study. Inventory management is a hot issue. Companies invest in project after project, yet inventory levels remain the same. The rise of the global multinational has greatly impacted inventory requirements.

7 Distribution Technology Trends Worth Discussing

Cerasis

Modern distribution technology has significantly changed how suppliers get their products to end-users, and consumers are driving changes in how Distributors use technology to better their business processes. As a result, you need to understand what distribution technology trends, as explained by Advantage Business Media and Lindsay Konzak of Modern Distribution Management , are being seen in today's distribution network and how they will impact future operations.

The Most Important Distribution Center Metrics to Track and Understand

Cerasis

Many of the following distribution center metrics to track closely mirror those found within transportation and manufacturing, but this listing will focus on those involved in distribution centers. Distribution centers have a tendency to become like the lost cousin when compared to other aspects of the supply chain, but they play a valuable, constantly-needed role to ensure the timely delivery of merchandise to retailers, customers, and others.

Vendor-managed inventory and distribution planning in the food and beverage industry – here’s something to chew on

Kinaxis

Among the many supply chain initiatives taking place today, vendor-managed inventory (VMI) has become an increasingly effective process and business model to help organizations share risk and information between vendors and customers — while benefitting from lower stockouts, reduced uncertainty and lower costs. A demanding distribution network comprised of producers, distributors and retailers. What is vendor-managed inventory? Better transportation planning.

Turn a Good Demand Forecast into the Optimum Inventory Plan

ToolsGroup

How Do You Turn a Good Demand Forecast into the Optimum Inventory Plan? They care if you have the inventory they want when they want it. But carrying too much inventory can reduce profits and might not be practical for some items such as fresh goods.

12 Distribution Center Best Practices You Need to Implement Today

Cerasis

You know better than anybody that the layman would probably never believe how complicated distribution center management can be. Below are 12 distribution center best practices and other ideas to help you look for ways to make your operations and work environment sing like the well-oiled machines they are. . Order picking and distribution of any kind is a time-sensitive business, but when workers feel rushed, corners get cut —?and Distribution

Is Inventory Waste or an Asset?

Supply Chain Shaman

We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. We feel so strongly about this that we do not have an inventory planning role.” His feeling was that inventory is an asset to manage. Inventory is both. Inventory management is a complex subject.

Distribution and Dedicated Transportation Outlooks: 2019

NFI

Guest Blog: William Mahoney, Senior Vice President, Sales at NFI Distribution Outlook Inventory levels in 2019 will continue to grow creating the demand for more third-party warehousing space in the coming year. Inventory. Distribution Transportation 3pl Dedicated Fleets Supply Chain Warehousing

Travel Time Is Key to Lowering Labor Costs in Your Distribution Center

Cerasis

Travel time in the warehouse represents one of the biggest costs in modern distribution centers. Like transportation management for shipped product, effective labor management and lean processes in the warehouse are key to lowering labor costs in your distribution center. Using manual picking and transportation devices, like carts, in the warehouse will result in less efficiency for workers, increasing costs per order. Distribution

How Slotting Optimization Technology Fosters Strategic Improvement for Distribution Centers

Cerasis

Today, warehouse managers face an endless battle with a growing number of products and limited storage capacity, and among distribution center managers, the challenge of warehouse slotting is even more difficult. So, distribution center managers who leverage strategic slotting optimization technology could cut picking costs by up to 50 percent. The revenue of a given distribution center is directly related to its carrying costs. Distribution Supply Chain Technology

Analytics in Distribution and Manufacturing Taking Center Stage

Cerasis

Part of this drive toward more interest in analytics in distribution and manufacturing comes from the ability of analytics to reduce inefficiencies dramatically and increase productivity in both physical and virtual sales environments. Furthermore, analytics are becoming more widely available through the cloud, and manufacturers and distributors of any size can reap significant benefits from implementing analytics in their operation, explains Eric Smith of Modern Distribution Management.

Strategic Logistics: 8 Steps to Controlling Inventory Flow & Driving Warehouse Efficiency

Cerasis

Today we will talk about the flow of strategy as pertains to inventory flow and driving warehouse efficiency. Staying Strategic in the Warehouse with Better Inventory Flow. Throughout the entire order fulfillment process, companies have a duty to ensure optimum warehouse efficiency by appropriately controlling inventory flow. Warehouses should also consider implementing these best practices to ensure effective warehouse management and maintain control and flow of inventory.

Lean Inventory: Using Lean Initiatives To Manage Inventory

Cerasis

What is Lean Inventory Management? More firms are implementing lean inventory management techniques to reduce costs, improve flexibility and have more time to focus on their customers. Lean supply chain and inventory management enable Small Medium Businesses (SMB) to improve efficiency and increase profits. What is Lean Inventory Management? Flow: Understand how inventory flows in your warehouse and apply Lean principle: 5S to clear any obstacles that do not add up.

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Inventory Management

LeanCor

Inventory management, network infrastructure, and labor deployment are all critical components necessary to meet this intense customer demand. Inventory Management Strategy. If we’re going to get inventory into consumer hands the same day they place the order, the inventory has to be 1) available and 2) less than 8 hours away. This requires us to push the boundaries of current inventory management practices, or hold lots of inventory network-wide.

The shape of a supply chain distribution network

Kinaxis

by Iman Niroomand Today, I’d like to discuss distribution networks shapes. A distribution network is a channel that a company uses to get its products from the manufacturer to the end customer. The shape of this distribution network could vary from a small and simple size network to very complicated networks such as power grid network. Among these factors, response time gets higher weight in establishing the distribution shape.

The Impact of Mobile Commerce on Distribution Companies

Cerasis

Distribution companies are going to have some of the biggest impacts from mobile commerce. According to Clean Link , avoiding necessary updates within a given distribution system may result in information bottlenecks and lead to problems for the end-user. Also, updates are starting to become routine and frequent, so avoiding even a few updates could cause problems in your distribution network. Inventory Management Is More Data-Based. Distribution E-Commerce Logistics

11 Inventory Management Best Practices

Supply Chain Game Changer

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. Supply chain leaders are continuously looking for ways to improve inventory management, and the role of technology in the supply chain offers significant advantages. Use ABC Analysis to Categorize Your Inventory. Recognize the Relationship Between Sales and Inventory.

Best Practices to Get More Throughput and Capacity Out of Your Distribution Centers

Cerasis

Increased demand on your distribution centers from improved e-commerce sales, changing seasons, or other shopping patterns can limit your throughput. While expanding capacity with new construction is certainly one solution, other ways exist to get more throughput and capacity in distribution centers without major overhauls to existing operations. Small improvements can have significant impacts on your distribution center. Distribution Supply Chain

The Transportation Supply Chain: Transportation’s Role in Supply Chain Management to Lower Total Costs

Cerasis

One of the often missing links, however, in supply chain visibility, is transportation management. We call this the transportation supply chain. What is the Transportation Supply Chain? Transportation refers to the movement of product from one location to another as it makes its way from the beginning of a supply chain to the customer’s handle. Any supply chain’s success is closely linked to the appropriate use of transportation.

Brexit and the Global Distribution Landscape

Veridian Solutions

The fears of how the global distribution landscape would change following Brexit were founded on the uncertainty that the referendum created. What’s the Risk of Brexit in the Global Distribution Landscape? As reported by Natasha Bernal of Wired : “The supply chain is resilient and capable of coping with demand,” says Andrew Potter, a professor at the University of Cardiff who specializes in logistics and transport. Distribution Global Distribution Landscape

The Evolution of Retail Distribution

Techgistics

E-Commerce sales are fast outpacing traditional brick and mortar sales and the impact on logistics is significant due to changes in physical distribution networks, including massive e-fulfillment centers, sortation hubs, parcel hubs, and urban fulfillment centers for quicker order fulfillment. Direct to store deliveries were made on an infrequent basis and retailers had little control over the distribution process.

Inventory Optimization 101 – Smart & Effective Inventory Management

ThroughPut

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. It includes the practice of having the right levels of inventory to meet your target service levels while keeping a minimum amount of capital locked for inventory.

Inventory Optimization 101 – Smart & Effective Inventory Management

ThroughPut

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. It includes the practice of having the right levels of inventory to meet your target service levels while keeping a minimum amount of capital locked for inventory.

Retail Distribution Center Automation: 6 Factors to Consider

C3 Solutions

We’re breaking down 6 automation technologies to drive up your distribution center efficiency. Distribution Centre Automation. Those DCs operate with 33 percent less inventory than conventional retailers and work towards a standard of orders being picked and packed within two hours of the customer clicking the 'buy now' button. [3]. 4] And with distribution centres popping up like mushrooms, as Amazon's burgeoning network demonstrates, competition for workers is intense.

Pool Distribution: The Speed of Parcel at the Cost of LTL/Truckload

Talking Logistics

It’s our own version of pool distribution, a replenishment and fulfillment model that, although it has been around for some time, is in the spotlight again for many retailers and other distribution-centric companies. Why the renewed interest in pool distribution today? “If So what you’re getting with pool distribution is the speed of parcel but at the cost structure of LTL/truckload.”.

Pharmaceutical Manufacturers are Focusing on Direct-to-Patient Distribution

DynaSys

This is just one link in a long chain of organizations involved in the distribution process which also includes pharmacies and pharmacy benefits managers (PBM). The industry is investigating alternative distribution models in order to take greater control in the distribution process. The Direct-to-Patient (DtP) distribution model has had a tremendous impact on patient care. The increased efficiencies of DtP distribution process have improved patient satisfaction.

10 Ways Effective Transportation Management Drives Competitive Advantage

Cerasis

Transportation management is no longer a tactical approach to simply moving freight and doing it at the lowest possible cost. There are several factors that exist today that are forcing shippers to use even more resources, which distract from their core competencies , in order to have a strategic and much more nuanced, complex transportation management practice. 10 Tips to Remain Competitive and Have an Effective Transportation Management Strategy.

Discovering the Power of Distributed Logistics

Supply Chain Network

The future of fulfillment is fast approaching and it’s now all about mastering something called Distributed Logistics! What is Distributed Logistics? Interesting you say, but why would anyone want to move to a Distributed Logistics network? Probably the most compelling reasons are that simply put, positioning the right inventories close to customers saves on costs and improves service. Benefits and Value of Distributed Logistics.

Lean Transportation: Are you Using Lean Thinking for Transportation Management? If not, Why?

Cerasis

For shippers, culture and behavior have to change to apply Lean Transportation thinking. The “Them (company leadership) versus Us (shop floor associates)” mentality also needs to change for Lean Transportation to " WE. The 8 Rights To Achieve Lean Transportation Practices. The are the 8 Rights of Lean Transportation thinking: Right Materials, Right Quantity, Right time, Right Place, Right Source, Right Price, Right Quantity, and. Transportation takes time.

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Transportation Cost Drains

The Logistics of Logistics

Transportation expense can cost 5%-10% of gross revenue and will be going up if not managed effectively.” Transportation cost drains drive up costs. Many companies are experiencing dramatic increases in transportation expense that have turned into cash and quality drains for their organization. Savvy financial managers know transportation cost can cost 5%-10% of gross revenue and will be going up if not managed effectively.

Distribution in China takes a detour

Supply Chain Movement

For example, no single logistics service provider has a distribution network resembling anything close to nationwide coverage. Organising distribution effectively in a country like that is clearly no easy task. Anyone with a factory and adjacent warehouse in a free trade zone is more or less forced to open an extra warehouse outside of the free trade zone in order to distribute within China.

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Utilizing a 3PL to Apply Transportation Management Best Practices For E-Commerce

Cerasis

In the age of e-commerce, maintaining the status quo will result in failure, disgruntled customers and added expenses, but shippers that leverage 3PL resources to apply transportation management best practices for e-commerce , as listed below, can navigate the issues that arise in e-commerce and achieve sustained profitability. As a result, shippers must understand the transportation management challenges in e-commerce. Keep customers informed of available inventory.

Safety Stock Calculation For Your Wholesale & Distribution Business

EMERGE App

When you’re running a busy wholesale and distribution business, you face the risk of stockouts every day. It commonly describes the additional stock that you keep in your inventory to reduce the risk of stockouts. In addition to smoothing out unexpected swings in demand and supply, buffer stock also influences the optimal inventory level, stocking of time-sensitive goods and plays a part in new product launches. Optimal Inventory Level. Introduction.