Remove Education Remove Inventory Remove Sourcing Remove Transportation

Podcast: Rob O’Byrne on Digital Transformation, Sustainability, and Diversification in Sourcing

Requis

Supply chain and logistics consultant, educator, and podcast host Rob O’Byrne has over 40 years of supply chain experience. Since then I’ve been in education and consulting. I think education and consulting go hand in hand. It’s a change in focus that requires education.

The Benefits of Evolved Vendor Managed Inventory Model Led by Web-Based VMI

Cerasis

Editor’s Note: Cerasis is a 3PL focused on transportation management. So why do we feature content related to Vendor Managed Inventory? In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Inventory is then put on pallets and shipped as freight. Each blog post written is distributed into groups that reach the supply chain community as well as professionals in manufacturing, transportation, distribution, and more.

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Looking For a Job? Here’s The Top 10 Transportation Jobs

Cerasis

Editor's Note: Today's blog comes from our friend Michael Stoddard who shares the top 10 transportation jobs in the industry. If you happen to find yourself searching for careers in logistics, transportation and supply chains, you'll be happy to know that there's no shortage of positions. Getting into transportation is a different topic entirely, one that demands a separate, more intricate look. Transportation Manager. Inventory Managers. Transportation

Achieving the Integrated Global Supply Chain

Supply Chain Network

The results are achieved when extraneous costs are removed and product can optimally move from source to end-user with minimal friction. Cash Supply Chain Definitions Education Emerging Trends Freight & Transportation Information Technology Inventory New Ideas News & Info Professional Communications Security Supply Chain Management Supply Chain RiskGuest post from Ned Blinick of 3rdwave.

Why is Supply Chain Such a Great Career Path?

Supply Chain Game Changer

Some people have University degrees and some people have high school education. SCM encompasses the integrated planning and execution of processes required to optimize the flow of materials, information and financial capital in the areas that broadly include demand planning, sourcing, production, inventory management and storage, transportation — or logistics — and return for excess or defective products. Subscribe Here! Email Address.

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Supply Chain Basics with Jason Miller

The Logistics of Logistics

The department educates students to succeed in careers such as procurement, manufacturing, inventory management, warehousing, transportation, and customer service. Sourcing. Transportation. Inventory management. Supply Chain Basics with Jason Miller.

Logistics Industry’s Slow Economic Comeback Continues in Spite of Challenges

Supply Chain Network

Authored by transportation consultant Rosalyn Wilson of Delcan, Inc., Inventory carrying costs increased 10.3 percent last year due to higher costs for taxes, obsolescence, depreciation, and insurance, which were offset by a further drop in the inventory carrying rate and warehousing costs. Transportation costs were up 10.3 Department of Transportation, Penske Logistics, Macy’s, Adelante SCM Corporation, BNSF Rail and Fortna, Inc.,

Forecast Accuracy at the SKU Level is Achievable

Logility

Accurate forecasts help minimize inventory, maximize production efficiency, streamline purchasing, optimize distribution, maximize customer service, ensure confidence in company financial projections. Improving forecast accuracy by just one percent can significantly reduce finished goods inventory, lower transportation costs, decrease inventory obsolescence and increase perfect order performance.

Help Supply Chain Planners Be More Successful In These Uncertain Times

Supply Chain Shaman

Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods. The answer is to increase modeling, evaluate sourcing strategies, and build the right push/pull decoupling points.

Green Logistics: How to deliver efficiently while minimizing carbon footprint

Abivin

Source The process and involvement of logistics department in every organization have become an essential part to the economic development for a long time now. According to World Bank report, efficient logistics refer to transport, storage and conveyance of products to the ultimate consumers from the companies at minimal costs. Green logistics has a significant role in the trade process, transport and deliver the goods.

Five Things I Have Learned About Global Supply Chain Planning

Supply Chain Shaman

The third issue is the lack of understanding that global processes–to maximize the economies of scale in transportation and material buying–need strong governance. This allows shared services of procurement and transportation to function smoothly to achieve the economies of scale. Without this discipline, the global organization cannot actualize buying power in procurement or lower costs and improve costs/customer service in transportation.

Third Party Logistics Company

LeanCor

Since a third party logistics company’s focus is on supply chain management, their business is devoted to managing the inventory, transportation, and distribution of your product. An external agency reduces costs across the board, such as transportation costs, inventory management and maintenance costs, procurement costs, materials management costs, and warehousing costs.

Reshoring Or Not, What is Manufacturing? 4 Questions to Ponder with Real American Manufacturers

Cerasis

Question number three : Inventory on hand, both finished goods and individual parts, and Inventory Records Accuracy. The MPS is exploded and reads the BOM and Inventory on hand to create make (manufactured) and buy (purchased) components needed to fulfill the MPS. Obviously accuracy of the BOM and Inventory are critical, and the goal should be 100% daily. Schwinn : All of this was done manually, by hand, responsibility: the Inventory Manager.

8 Things Companies Get Wrong in Supply Chain Management

Logistics Bureau

Confusing Strategic with Single (Sourcing). Single sourcing is a supply chain trend which can easily lead to mistakes for small and medium-sized businesses, especially if it’s chosen as a strategy without regard to the potential risks. Inventory Management.

Third Party Logistics Services

LeanCor

The first area of improvement is providing greater control over issues such as inventory and customer satisfaction. A second source of improvement is financial performance. Throughout the areas of inventory, materials and supplier management, transportation and warehousing management, and all aspects of the supply chain, a disciplined and educated approach can introduce efficiencies and other savings. The Unseen Supply Chain.

Supply Chain Professional – Protector of Mother Earth

Logility

Our kids and grandkids regularly discuss the topic of sustainability and being eco-friendly in K-12 education. Green supply chain management can be defined as integrating environmental thinking into supply-chain management, including product design, material sourcing and selection, manufacturing processes, delivery of the final product as well as a product’s end-of-life management.

The Supply Chain Gender Pay Gap is Narrowing!

Supply Chain Game Changer

The survey was comprehensive, digging into compensation, job satisfaction, education, key skills, as well as the gender pay gap – and whether it’s growing or narrowing as the field evolves. Deliver,” which includes Logistics Coordinators and Managers, and Transportation Analysts.

8 Things Companies Common Mistakes in Supply Chain Management

Logistics Bureau

Confusing Strategic with Single (Sourcing). Single sourcing is a supply chain trend which can easily lead to mistakes for small and medium-sized businesses, especially if it’s chosen as a strategy without regard to the potential risks. It’s certainly something to consider if you currently maintain a single-sourcing strategy. Inventory Management. Of course, manual systems allow small business owners to manage inventory with limited investment in systems.

Demand-Driven Transformation at Shell

Supply Chain Shaman

They saw a steady drop in inventory and reduced working capital by about 50% over the period of 2011-2015. Impact of Demand Sensing on Inventory Levels. By leveraging demand sensing and the Multi-tier Inventory Optimization (MEIO) platform– using machine learning and some cognitive technologies–from Terra Technology on top of SAP APO, Shell successfully launched an analytics platform initiative to improve the demand signal and reduce safety stock.

Good-bye siloed, functional planner. Hello storm chasing network planner.

Kinaxis

Supply chain planners (I’m lumping in all the silos, including demand, supply, inventory and capacity planning) today are dealing with challenges that were unimaginable when Lotus notes were the next big thing. Arguably, changes to the good ol’ days started with product proliferation, increasingly shorter product life cycles, globalization and a more educated, demanding customer. Is running a multi-echelon inventory optimization even something a capacity planner has interest in?

Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. This is invariably down to not sufficiently involving and educating the right people. Start by involving and educating the board and work your way down the rest of the company. Reducing lead times from suppliers can help turn inventory faster, freeing up cash and ultimately satisfying customers.

Global 216

Experts Choice Of Top Online Logistics Resources

Freightos

So I went straight to the source and asked consultants, trade reporters, Wall Street Journal reporters and others, what their go-to logistics and supply chain sources were. Transport Intelligence, the well-respected U.K. is one of the industry’s most respected logistics sources. Transport Topics. With over 60,000 monthly viewers, Transport Topics is a prime destination for freight buffs, especially those who specialize in trucking.

Insights from Ryder Innovate 2014

Talking Logistics

The value of peer-to-peer learning and networking was evident at last month’s Ryder Innovate conference — “an exclusive gathering of senior leaders in transportation, logistics, and supply chain seeking strategic insight, new ideas, and thought leadership to improve their supply chain and fleet operations.” Greg Forbis, Senior Director, General Merchandise, Inbound Transportation, Walmart Stores. Walmart Supply Chain and Transportation Trends for 2015.

5 Reasons Why Plant Managers Need Accurate Supply Chain Forecasting

ThroughPut

Supply chain forecasting is a great way to help manufacturers, operations managers and production planners make educated predictions about factors influencing warehouse operations. This includes production elements such as material sourcing, job allocation, transport logistics, production scheduling, inventory optimization and more. Managing optimum inventory levels – Inventory levels are like the building blocks of a manufacturing set up.

Warehouse Cost Savings: 5 Key Areas of Focus and 13 Practical Objectives

Cerasis

Reduce inventory with cross-docking or use Kanban pull systems. Target inventory accuracy: goal: 98-100% accuracy daily. Get rid of excess inventory: create a Material Review Board (MRB) to review: obsolete, excess, slow moving inventory monthly. Educate your leadership to ask the right questions, gather necessary information, make decisions, and take appropriate corrective action.

Show Me the Money: MH&L’s 2018 Salary Survey

Material Handling and Logistics

corporate/executive manager with a transportation/warehousing company with 36-40 years of experience, living in the North Central region and earning $137,000. “My inventory/materials manager with a food & beverage manufacturer with 26-30 years of experience, living in the Middle Atlantic region and earning $107,000. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID.

Supplier Quality Management: What it is, 5 Key Metrics to Know & a 4 Step Supplier Evaluation Process

Cerasis

When you choose a company to transport your freight or to supply you with the materials you need to manufacture a product, you are putting your hard work and reputation in their hands. New products are often introduced in the market and are a source of competitive advantage in industries such as automotive and consumer electronics. Who manages quality ongoing training and education ?

Logistics KPIs Case Study: Whirlpool’s Supply Chain and Logistics Success Driven by Effective KPI Implementation

Cerasis

With this varied inventory, plus a large direct sales force in more than 170 countries and an unpredictable sales cycle, effective supply chain management is critical for continued growth. Distribution network services— including support of strategic sourcing and contract administration, provider payment management, business process improvements, policies and procedures and customer service of all distribution centers and cross docking.

Why investors are looking at supply chain technologies in 2020

Requis

No one’s saying we’re going to replace them any time soon, so the CFO can continue to get his financial and inventory data, but we can better manage execution decisions in transportation or a planning decision around inventory positioning using AI/ML and real-time data.”.

Importance of Supply Chain Forecasting for Plant Managers

ThroughPut

Supply chain forecasting is a great way to help manufacturers, operations managers and production planners make educated predictions about factors influencing warehouse operations. This includes production elements such as material sourcing, job allocation, transport logistics, production scheduling, inventory optimization and more. Managing optimum inventory levels – Inventory levels are like the building blocks of a manufacturing set up.

5 reasons plant managers need supply chain forecasting for better shop floor control

ThroughPut

Supply chain forecasting is a great way to help manufacturers, operations managers and production planners make educated predictions about factors influencing warehouse operations. This includes production elements such as material sourcing, job allocation, transport logistics, production scheduling, inventory optimization and more. Managing optimum inventory levels – Inventory levels are like the building blocks of a manufacturing set up.

Rethinking Warehouse Operations Management with Artificial Intelligence

ThroughPut

Supply chain forecasting is a great way to help manufacturers, operations managers and production planners make educated predictions about factors influencing warehouse operations. This includes production elements such as material sourcing, job allocation, transport logistics, production scheduling, inventory optimization and more. Managing optimum inventory levels – Inventory levels are like the building blocks of a manufacturing set up.

Top Supply Chain Articles of 2015

Cerasis

As we head into 2016, we are featuring our most read articles of 2015 in our five main categories: Manufacturing, Supply Chain, Logistics, Transportation Management, and Freight. The new year will then bring series on trends and on the state of some of the business functions and technology used in proper transportation and logistics management. As always our goal is to educate and inform. The Benefits of Evolved Vendor Managed Inventory Model Led by Web-Based VMI.

Top 25 Supply Chains of 2018

Material Handling and Logistics

The rankings are based on a composite score based on the opinions of Gartner’s analysts; a group of peer voters (mostly supply chain practitioners, professionals and experts; in the interests of full disclosure, I myself am part of the peer panel); some metrics, including return on assets, inventory growth and revenue growth; and a corporate social responsibility (CSR) component score. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID.

PINC named Top Logistics IT provider in 2020

PINC

Union City, CA – April 27, 2020 – PINC, the leader in digital yard solutions, has been recognized by Inbound Logistics magazine as Top Logistics IT Provider in 2020 because its solutions address critical logistics and transportation needs and help organizations to truly become demand-driven enterprises.