Logistics Viewpoints

AUGUST 19, 2022

And now on to this week’s logistics news. billion in inventory that “if we could just wave a magic wand, we’d make it go away today,” said chief financial officer John David Rainey. Walmart estimates that inventory is still 15 percent above optimal levels. Clearing the inventory will still take a couple of quarters.

Logistics Network Optimization Software 199

Logistics Network Optimization Software Supply Chain Planning Software Inventory Reduction Cost Reduction Strategies 199

GlobalTranz

DECEMBER 11, 2014

Today begins our series about electronic data interchange or EDI in transportation. What is Electronic Data Interchange? First we must understand and get on the same page of what is Electronic Data Interchange, or EDI, as it is not only used in the transportation industry. History of EDI and EDI In Transportation and Logistics.

Electronics 262

Electronics Transportation Data Resource Reduction 262

SCMDOJO

APRIL 15, 2024

The inner workings of logistics at Amazon are a marvel of efficiency, precision, and constant innovation. We’ll explore their logistics empire, from warehouse robots to futuristic visions, and discover how they manage millions of packages daily. Ever wonder how Amazon gets your package to your door so quickly?

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Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 79

Logistics Viewpoints

JUNE 9, 2022

Transparent data prepared especially for your logistics operation will get you easily through your peaks. The hype usually revolves around just one item and can easily be managed by a modern logistics system. How can we rapidly bring our logistics operation up to its full speed during such a peak? Peaks are all so different.

Logistics Network Optimization Software 224

Logistics Network Optimization Software Analytics Software Optimization Software Forecasting Software 224

SCMDOJO

APRIL 9, 2024

The term “logistics” may be relatively new, but its general principles date back to ancient civilizations. The early Mesopotamians, Egyptians, Greeks, and Romans pioneered the principles of logistics and designed trade routes to facilitate their connections with other nations.

Supply Chain Design Software 76

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Design 76

Unleashed

DECEMBER 21, 2023

Without the right inventory management solutions in place, it’s almost impossible to maintain optimal stock levels, minimise costs, and improve overall efficiency – all of which are essential to ongoing business success. In this guide: What are inventory management solutions?

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

Logility

JULY 5, 2023

Take for example, a leading consumer electronics company utilizing generative AI to predict demand for its products during the holiday season. This leads to optimized inventory levels, reduced stockouts, and enhanced customer satisfaction. This leads to optimized inventory levels, reduced stockouts, and enhanced customer satisfaction.

Supply Chain Planning Software 191

Supply Chain Planning Software Supply Chain Planning Modeling Scenario Planning 191

Logistics Viewpoints

OCTOBER 29, 2021

And now on to this week’s logistics news. The company said it has invested more in inventory planning and partnerships with suppliers so it has enough goods on hand while making sure it can route items to where they’re urgently needed. The post This Week in Logistics News (October 23 – 29) appeared first on Logistics Viewpoints.

Logistics Network Optimization Software 191

Logistics Network Optimization Software Supply Chain Planning Software Logistics Supply Chain Design Software 191

o9 Solutions

MARCH 20, 2023

Janssen is leading initiatives to transform Philips’ supply chain to be more agile, resilient, and sustainable, and she oversees global supply chain operations, including procurement, manufacturing, logistics, and quality control. The post aim10x Executive Council has added a new influential leader in the consumer electronics industry.

Electronics 52

Electronics Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 52

Logistics Viewpoints

JANUARY 22, 2024

But electronics; industrial and manufactured; and apparel, footwear, and textiles make up the bulk of products detained. Historically, an OOM has access to all the company’s inventory. The system allocated which orders would get inventory from a given location to fulfill an order. appeared first on Logistics Viewpoints.

Supply Chain Optimization 233

Supply Chain Optimization Modeling Supply Chain Software Optimization Software 233

TPSynergy

JANUARY 2, 2020

VMI (Vendor Managed Inventory) is the one of the best Inventory Management tools that will reduce the inventory carrying cost. By making your suppliers carry the inventory on behalf of you, you are reducing the risks and costs of inventory obsolescence. Visibility Portal for Vendor Manged Inventory.

Real-time Visibility 80

Real-time Visibility Vendor Strategies Inventory Reduction Inventory 80

Talking Logistics

AUGUST 23, 2018

The tariff situation has companies in a quandary as they debate whether to “load up” on inventory now — to ward off the impacts of potentially-higher tariffs on imported goods — or hold off for now and hope that the political environment calms and things get to back to “normal.” Sharpening Their Pencils.

Supply Chain Planning Software 101

Supply Chain Planning Software Inventory Demand Planning Software Supply Chain Software 101

PINC

NOVEMBER 12, 2019

Here are five ways going “digital” on the payment side helps make logistics processes more time- and cost-efficient for shippers. In a global marketplace that’s in constant flux, shippers are always looking for new ways to streamline their supply chains, improve logistics efficiency, and save money. Doing Away with Paper.

Logistics Network Optimization Software 113

Logistics Network Optimization Software Logistics Inventory Management Software Electronics 113

GlobalTranz

NOVEMBER 3, 2015

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.

Inventory Reduction 120

Inventory Reduction Vendor Strategies Cost Reduction Strategies Waste Reduction 120

PINC

APRIL 29, 2020

While safety is especially important now, it should be a key issue for logistics leaders at all times,” West continues. live/drop, type of inventory, type of equipment, load status, etc.). The post Practicing Social Distancing while Keeping Inventory Moving during COVID-19 pandemic appeared first on PINC.

Demand Planning Software 147

Demand Planning Software Logistics Network Optimization Software Inventory Reduction Supply Chain Software 147

Unleashed

SEPTEMBER 30, 2021

Vendor managed inventory (VMI) – when executed well – can be an efficient and cost-effective system for managing the supply of goods. Learn more: What is Inventory Management? Techniques for 2021 What is vendor managed inventory? How does vendor managed inventory work?

Vendor Strategies 98

Vendor Strategies Inventory Reduction Inventory Inventory Management Software 98

ShipBob

NOVEMBER 29, 2023

These physically unaccounted-for units of inventory called ghost inventory, or phantom inventory , are a more common challenge faced by retailers than you think. Often, the items accounted for in the asset register do not reconcile with what is in the inventory. What is ghost inventory?

Purchasing Skills 52

Purchasing Skills Inventory Inventory Management Software Forecasting Software 52

Logistics Viewpoints

DECEMBER 5, 2022

But Molex, a global electronics and connectivity solutions company, has been investing in their intelligent digital supply chain strategy to improve their supply chain agility and customer experience. Those industries include data communications, medical, industrial, automotive and consumer electronics.

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 196

Unleashed

AUGUST 18, 2021

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. Today, reverse logistics can no longer be an afterthought for manufacturers, but is instead an integral part of supply chain planning. What steps make up the reverse logistics process?

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98

Locus Robotics

JANUARY 2, 2024

By Inés Alcántara, Senior Sales Engineer In an era marked by unpredictability and technological advancements, understanding and adapting to the changing demands of logistics is not just an option, but a necessity for success. There are five pivotal solutions and trends that are reshaping the logistics landscape.

Demand Planning Software 52

Demand Planning Software Logistics Network Optimization Software Supply Chain Software Analytics Software 52

BR Williams Supply Chain Management

JANUARY 23, 2022

Selecting the right third-party logistics service provider can be a challenging experience for companies. After all, the reputation and success of your company depend on your logistics provider’s reliability, making a third-party logistics provider a crucial part of many brands’ supply chains. Logistics Capabilities.

Third Party Logistics 98

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Supply Chain Matters

JUNE 17, 2022

Inventory Management Assessment- Samsung Electronics. We noted in our editorial likely needs for comprehensive inventory management assessments especially given the risk of higher working capital costs are a result of higher interest rates. Samsung ’s inventory balances reportedly reached the equivalent of $36.9

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 52

Locus Robotics

JANUARY 2, 2024

Home January 02, 2024 5 Ways to Cope with Changing Logistics Demand in 2024 Inés Alcántara , Senior Sales Engineer In an era marked by unpredictability and technological advancements, understanding and adapting to the changing demands of logistics is not just an option, but a necessity for success.

Demand Planning Software 52

Demand Planning Software Logistics Network Optimization Software Supply Chain Software Analytics Software 52

GlobalTranz

FEBRUARY 13, 2017

The election is over, but the race is just starting for logistics providers. From Amazon to hyper-local retailers, 2017 will be a year of intense scrutiny and pressure on logistics providers. Fortunately, your organization can get ahead of the learning curve by knowing what trends in logistics to watch for this year.

Resource Reduction 205

Resource Reduction Inventory Reduction Trends Logistics Network Optimization Software 205

4WL Consulting

JULY 24, 2017

Until a few years ago, inventory was a labor-intensive process that typically required either stopping operations for several days or bringing in a large crew to painstakingly count products overnight. Thankfully, most IoT devices and systems are scalable by nature, so you can drive success without concerns over logistical growing pains.

Supply Chain Planning Software 130

Supply Chain Planning Software Logistics Network Optimization Software Logistics Vendor Strategies 130

Unleashed

SEPTEMBER 7, 2021

In this guide to barcodes in inventory management: In order to apply barcodes to inventory management, it is important to understand the basics of the barcode system. Hence, some companies will find corded barcode scanners to be all they need, where other companies require wireless scanners to support their online inventory management.

Inventory Management Software 96

Inventory Management Software Inventory Management Inventory Reduction Inventory 96

Logistics Viewpoints

JUNE 17, 2021

In logistics, not all shipments are equal. There are tiers for rates, mode, and freight class, but there’s another layer of logistics. Inventory replenishment for businesses that need delivery in combination with restocking or setup of new fixtures for such inventory. appeared first on Logistics Viewpoints.

Transportation Management 194

Transportation Management Logistics Network Optimization Software Transportation Supply Chain Software 194

3PL Insights

JULY 11, 2018

EDI stands for Electronic Data Interchange. This refers to the electronic interchange of documents between companies. Electronic interchange of documents is far more efficient and less expensive than exchanging paper documents, as EDI costs less than a dollar. Here’s what you need to know about EDI and ASNs. What is EDI?

Electronics 56

Electronics Shipping Data Supply Chain Network Software 56

Enterra Insights

MARCH 28, 2019

” Logistics professionals could adopt that statement as their motto. Half-a-decade ago, Apptricity analysts wrote, “In the world of supply chain and logistics management, perfection remains an elusive goal. “Logistics companies cannot afford not to be innovative,” he explains.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Design Software Modeling Supply Chain Network Software 100

4WL Consulting

JULY 24, 2017

Until a few years ago, inventory was a labor-intensive process that typically required either stopping operations for several days or bringing in a large crew to painstakingly count products overnight. Thankfully, most IoT devices and systems are scalable by nature, so you can drive success without concerns over logistical growing pains.

Supply Chain Planning Software 133

Supply Chain Planning Software Logistics Network Optimization Software Logistics Vendor Strategies 133

RFgen

JANUARY 23, 2023

Overview: What is mobile device inventory management? With so much information out there about inventory management best practices, it can be hard to determine what steps to take to make improvements. Mobile inventory systems are a proven “must-have” solution for enhancing materials management. bn through 2026. bn through 2026.

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Modeling Software 52

QAD

JANUARY 19, 2023

Facets of this broad field include demand planning, inventory management, logistics, acquisitions and partner management. E-commerce brands must oversee design, manufacturing, sourcing, warehouse inventory, shipping and delivery. Logistics is a larger focus for transportation companies. Let’s dive in.

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 93

Kanban Logistics

SEPTEMBER 9, 2021

In this article, we’ll look at the latest reports on manufacturing activity, while showing how a third-party logistics (3PL) provider can offer great logistics benefits within the manufacturing industry. According to a recent article in Logistics Management , manufacturing activity continued to grow in August. Kitting services.

Manufacturing Procurement 52

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Logistics Viewpoints

APRIL 10, 2023

Or, alternatively, a company carries too much inventory, storage for excess inventory must be purchased, and cash flows become tight. This warehouse provides inventory storage for goods not yet ordered that will ship later. Mr. Jordan oversees a team of eight that does the demand, inventory, and production planning.

Security 198

Security Supply Chain Planning Jordan Forecasting 198

Locus

OCTOBER 5, 2021

With the supply chains of all businesses going through a transformational shift, it is important for them to make tough decisions concerning logistics models. Before the pandemic, fixed logistics had held a comparative advantage for gaining a larger customer base. What is fixed logistics? What is flexible logistics?

Modeling 52

Modeling Modeling Software Optimization Modeling Logistics Network Optimization Software 52

Logistics Viewpoints

SEPTEMBER 25, 2023

One example from healthcare involves using generative AI integrated with Oracle’s electronic health record (EHR) solution to create a Clinical Digital Assistant that enables providers to use voice commands to produce rough drafts of new patient forms that would be reviewed but would still save significant labor.

Supply Chain Software 218

Supply Chain Software Logistics Network Optimization Software Supply Chain Network Software Vendor Strategies 218

Logistics Viewpoints

AUGUST 22, 2022

billion in inventory “that if we could just wave a magic wand, we’d make it go away today,” said chief financial officer (CFO) John David Rainey. Walmart estimates that inventory is still 15% above optimal levels. We’ve also cancelled billions of dollars in orders to help align inventory levels with expected demand.”.

Supply Chain Planning Software 191

Supply Chain Planning Software Supply Chain Software Supply Chain Optimization Supply Chain Planning 191