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IoT Inspired Smart Warehouses Are Reinventing Inventory Management

Cerasis

The internet allows for unlimited scalability and boosted efficiency in warehouse inventory management. The so-called “smart warehouse” takes advantage of these defining factors by connecting systems to streamline inventory management and overall productivity. Download white paper. Integrate all supply chain systems, increasing savings in transportation management, procurement and everywhere in between.

[e-Book] How To Shift From Tactical To Strategic Logistics and Transportation Management To Create A Competitive Advantage

Cerasis

We release our second e-book today by focusing on strategic logistics and transportation management creates a competitive business advantage for shippers. You can download our first e-Book, "The Future Of Supply Chain, Logistics & Manufacturing: How Technology Is Transforming Industries" here. Transportation management is no longer a tactical approach to simply moving freight and doing it at the lowest possible cost.

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Logistics & SCM, PLM, Manufacturing, and Procurement 2016

Supply Chain Movement

Logistics & SCM, PLM, Manufacturing, and Procurement 2016. URL: sapinsiderevents.wispubs.com/2016/Vienna/SCM-PLM-MFG-Procurement-CRM/. Logistics & SCM, PLM, Manufacturing, and Procurement 2016, sponsored by SAP, is the most important educational event of the year for organizations using SCM, PLM, manufacturing, and procurement solutions to fortify their business operations and infrastructure with proven methodologies and measurable, value-driven results.

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Shippers: One Action Could Save You Millions on Inbound Transportation Management Costs

BluJay Solutions

But even in doing so, one area that is overrun with inefficiency is often overlooked – inbound transportation management. The inbound transportation management function is formed when companies take control of inbound freight from suppliers – consolidating loads, planning continuous moves and negotiating with carriers directly instead of paying for whatever shipping services the supplier chooses. Lower inventory levels.

Time to turn around inventory falls by two days says new report

EFT

The median time for retailers to move returns back to inventory ready for resale has fallen from 2017 to 2018, from a median of seven days down to five days. of retail respondents report that their average time to restock returns is three days or less, marking out a clear focus on agility of inventory that can accommodate a more e-commerce-centric environment and a higher returns volume. . To find out more about the state of retail in 2019, download the free report now.

3D Printing Set to Streamline the Retail Supply Chain Through Reduced Lead Times and Inventory

BluJay Solutions

The attractiveness of 3D printing for manufacturers and retailers/distributors centers around reducing both lead times and the risks involved in holding inventory. Anyone involved in retail procurement is acutely aware of the importance of correctly predicting consumer/end-user requirements and ordering the right goods at the right time, in the right quantities. Download our eBook - Omni-Channel Retail – Top 3 Logistics Challenges.

Why Real-Time Visibility Should be Core to Your Supply Chain Strategy

CH Robinson Logistics

According to Gartner, “By 2023, 50% of global leading enterprises will have invested in real-time transportation visibility solutions.” Utilizing this expansive talent network, our global suite of services, and information advantage we have developed a world-class visibility platform called Navisphere® Vision , which was just included in Gartner’s 2020 Market Guide for Real-Time Transportation Visibility Platforms.

The Invaluable Role of a TMS in Managing Full Truckload Shipments

Cerasis

The Freight & Transportation Management Trends to Know in 2018. Download White Paper. Essentially, frequent putting is indicative of shippers constantly shopping around for the lowest cost deal, and since the carrier is less likely to secure the actual transaction and transport such items, carriers will charge more. A TMS is like a procurement expert, allowing for the continuous benchmarking of shipping activities and giving shippers insights into freight spend.

Effective Warehouse Management in an Omnichannel World

Cerasis

Knowing the available inventory and assets only in distribution centers is inefficient and lacks value, but when applied across an entire supply chain network, inventory visibility propagates effective warehouse management. Although the main issue lies in the lack of visibility into assets and inventory in warehouses, distribution centers, and stores, an important part of the problem can also be found in transportation management. Download white paper.

Airbus harmonizes its global procurement processes with AirSupply

SupplyOn

Airbus harmonized its global procurement processes with a innovative, highly comprehensive initiative featuring AirSupply, earning a well-deserved nomination for the German Logistics Award The construction of an aircraft is preceded by a highly complex, sophisticated procurement process. “We have now significantly streamlined our operational procurement as part of a digital transformation.”

Integrated Planning: Is It Rubbish? Be Careful What You Ask For….

Supply Chain Shaman

I find most companies are good at pockets of planning–demand planning, supply planning, transportation planning, material planning or plant scheduling, but the flows are not connected. Each are good at localized planning within a focused area of demand, supply, network design, transportation planning, material sourcing or finite scheduling. Few implementations of planning connect to procurement and transportation.

The Top 10 Supply Chain Blog Posts from 2017

Cerasis

Today, is day two of our annual year-end series highlighting the top blog posts in each of our 5 main categories: Manufacturing , Supply Chain , Logistics , Transportation Management , Freight. This year, most were interesting in supply chain optimization - from distribution to inventory management - and Key Performance Indicators. Download: The Impact of Big Data in the Supply Chain & Transportation Management Industry Webinar Replay, Transcript & Presentation.

Collaboration in the Automotive Industry: Enabling Intelligent IT-Managed Supply Chains

Talking Logistics

It’s about creating a common cross-company basis that integrates all participants on a procurement or distribution level. Inventory and transportation costs are reduced significantly, while production processes are accelerated and delivery times are decreased. It also enables cross-company workflows and allows for a complete view of the procurement process; bilateral business relations are replaced by collaboration, which expedites information and management processes.

E-Commerce Shipping: Why Shippers Are Mastering E-Commerce to Go Omnichannel

Cerasis

In addition, shippers may lack the resources necessary to push operations beyond availability and reliability of procurement. Download White Paper. Shippers should work to integrate existing systems, leveraging software as a service (SaaS), and in e-commerce-ready transportation management system (TMS), such as the new e-commerce services offered by Cerasis. Regionalize inventory.

Use of Blockchain in Supply Chain & Logistics: Looking to Examples Across Industries for Better Understanding

Cerasis

DOWNLOAD WHITE PAPER. Blockchain is entering a phase of development that will affect every aspect of supply chain and logistics management, ranging from procurement to forward logistics and beyond. The technology is an incorruptible ledger, which can be applied to virtually all supply chain processes , ranging from inventory management to shareholder proceedings. The days of managing supply chains through databases and changing information are over.

97% of supply chains disrupted as a result of COVID-19

EFT

21% have faced logistics and transportation slowdowns and delays. In response, the majority (73%) of organizations are now planning major shifts in supply chain and procurement strategy post-pandemic, including supply base expansion (38%), reductions in supply chain globalization (34%) and increases to inventory levels (21%). This growing platform has inspired a new generation of professionals to further pursue careers in supply chain and procurement.

Top 15 Logistics Blog Posts of 2014

Cerasis

Some logistics involves transportation or warehouses or both. We had a great turnout with over 250 logistics managers, supply chain officers, and those in the transportation world registering and attending the webinar. Below you can download the LTL Freight Management presentation with notes and also view the webinar in its entirety. Download the Webinar Replay.

A Don’t Touch Supply Chain Strategy Must Now Dominate The Future!

Supply Chain Game Changer

You reduce cost, you eliminate opportunities for error, you reduce time, you reduce inventories, and you strengthen your Supply Chain’s ability to operate in the face of any disastrous situation. You download their app, take the goods off the shelf as you need and as you leave the store your purchases are automatically billed to you. Imagine automated oversight of Strategic National Stockpiles with respect to market demand, inventory aging, and replenishment lead times.

The end of just-in-time?

EFT

Toyoda cut down on excess inventory, with components and spares only ordered when needed and kept in low numbers within the factories. Keep upstream suppliers on short notice to produce inventory as needed and watch the profits grow. Those upstream suppliers had to be as flawless as the just-in-time production facility, providing inventory or raw materials on time, every time.

Like A Green Lump of Clay….

Supply Chain Shaman

To see the what I built, check it out on SlideShare or view/download it in the SCI Community ). Q: Is it only inventory disrupting the agility resulting from inaccurate forecasts by S&OP? These can be shift in the channel, issues in manufacturing, increasing variability in transportation, or a shift in commodity prices. The less conversion of materials in the inventory strategy, the greater the flexibility of the supply chain. My iphone buzzed on my nightstand.

[e-Book] How to Work with a 3PL, The Benefits of a 3PL, & the Future Trends of the 3PL Industry

Cerasis

Download by filling out the form below & read the introduction below the form! This shift comes as a result of the challenges 3PL organizations are currently facing in the marketplace—from greater reliance on just-in-time inventory and the increasing role and reliance of technology and value added services. We introduce you to part 2 of our e-book series The Essential Guide to Third Party Logistics.

3PL 208

28 supply chain professionals share the biggest challenges of supply chain management

6 River Systems

All of the above (and other down-stream KPIs and processes) are heavily influenced by the accuracy of a demand forecast: if the demand forecast is much more accurate, a company is more likely to have the right product, in the right quantities in inventory and will have less of the products in inventory that is not required. Our supply chain involves a contract manufacturer, a third-party testing facility, warehouses to store inventory and a freighting company.

Trends & Strategies in Logistics and SCM

Supply Chain Movement

Two out of three respondents stated that their company’s logistics capability is negatively influenced by poor transportation infrastructure, which is a problem particularly in emerging markets. Solutions focused on improving transparency of tier two suppliers, inventory and demand impede mitigation and force companies into reactive strategies. Proactive strategies should include research and development, procurement, production and sales.

SCM 120

21 logistics experts share the most important ingredients in developing an effective logistics strategy

6 River Systems

Statista found that 73 percent of buyers and users of freight transportation and logistics services say the COVID-19 pandemic had an impact on their logistics and supply chain operations. Inventory requirements for all raw, WIP and finished goods.

3 Technology Companies Disrupting Shipping

FLEXE

I’m Nerijus Poskus — Director of Pricing and Procurement at Flexport. In any of these scenarios, fixed capacity is a mismatch for that variant over in inventory. Because we require our carriers to download the app and install the app and allow us to kind of track their location and manage them through this piece of technology, it actually self-selects the carriers. I’m going to download this technology. That’s how we can procure better.

Supply Chain And Logistics Trends That Could Be Big In 2020

Logistics Bureau

Again, this might include recycling or refurbishing items damaged in storage or transit, or placing undamaged returns back into a sales inventory. They are deploying platforms that make it easy to get transparent and understandable shipping quotes, book ocean freight and airfreight shipments, complete and submit shipping and customs documentation, pay for transportation, and track international shipments in real-time. It’s time to start looking ahead again.

Flying Warehouses! And Mobile Fulfillment Centers that Exist Today

FLEXE

When you look at the challenges Amazon might be trying to solve with this technology, it seems to come down to 1) getting product closer to customers, 2) responding to demand in real-time, and 3) cutting transportation distances and costs. One of the largest bed-in-a-box companies is using pop-up fulfillment to cut transportation costs and respond to demand surges faster than its competitors. Cut transportation costs. The inventory systems of today are highly sophisticated.

Delivering a Consumer Centric Supply Chain for Grocers – Part 4 of 4

BlueYonder

We have discussed a variety of implications to the supply chain required to provide scale and service, while effectively managing inventory and value add processes. The disciplines of interest will include supply management, efficient order fulfillment, transportation and workforce. Effective management of inventory procurement and replenishment, especially in smaller footprints, will increasingly influence the consumer experience. Transportation Optimization.

eBook 54

Lull Case Study: Order Fulfillment that Doesn’t Keep You Up at Night

FLEXE

With FLEXE, Lull gained a software platform to manage inbound and outbound shipments while tracking real-time inventory levels across their FLEXE network of fulfillment centers. Visibility and control over shipment trends and inventory levels helps the Lull team make more informed decisions on inventory allocation and management. Negotiating and procuring separate 3PLs would have taken months, but with FLEXE, we were able to stand up facilities in a matter of weeks.”.

Shippers of Consumer Products Impacted Most by Capacity Crunch

Cerasis

Even giants like General Mills, Tyson Foods, and Campbell have reported strained budgets due to a rise in transportation costs over the past few months. A mix of weather-led constraints in 2017, a continual shortage of semi-truck drivers, and the enforcement of hours of service (HOS) rules with electronic logging devices ( ELDs ) have all accelerated a rise in transportation costs. Download eBook. Most all shippers have felt the recent tightening in capacity.

Delivering a Consumer Centric Supply Chain for Grocers – Part 4 of 4

BlueYonder

We have discussed a variety of implications to the supply chain required to provide scale and service, while effectively managing inventory and value add processes. The disciplines of interest will include supply management, efficient order fulfillment, transportation and workforce. Effective management of inventory procurement and replenishment, especially in smaller footprints, will increasingly influence the consumer experience. Transportation Optimization.

eBook 40

20 warehouse professionals and business leaders reveal the single most important first step when designing a warehouse layout

6 River Systems

“Identify your production and supply chain methods first…” For instance, if you’re following the Lean Production Method, it means that you don’t need to stock minor accessories because most of your inventory consists of the finished products. When we had to redesign our warehouse a few years ago due to expanding inventory, we pushed on ahead without seeking feedback from our staff.

Innovate or Die: How’s Your eCommerce Strategy?

FLEXE

On-demand warehousing solutions make it possible to solve for inventory overflow and add fulfillment centers with little-to-no risk and no long-term lease agreements. Instead of having to invest in fixed assets, or working with only one 3PL, you can procure the space you need, when and for however long you need it. Cut transportation costs by positioning inventory closer to customers. How much inventory you want to carry. Download Now.

Supply Chain Management:Why not WMS App? - Infosys Blogs

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Todays WMS is a tightly integrated code between the intrinsic WMS functions like receiving, put away, inventory, picking, packing and shipping, which are the primary functionalities. The concept is similar to downloading Apps i.e. applications to your iPhone from Apple Store. These Apps can be downloaded and implemented from a day to few minutes.

Better Spare Parts and Supply Chain Management via 3D Printing

Logistics Bureau

It must balance overall inventory, local availability, and variations in demand. They can bulk up on spare part stocks, but inventory costs money. Forecasting and inventory for spare parts are indeed thorny problems. This solves the issues of unpredictability and inventory. Transport costs fall away. The savings are in the reduced or zero inventory needed. The operation is more streamlined and life for procurement team becomes easier.