SCMDOJO

AUGUST 4, 2023

Are you tired of dealing with excessive inventory levels that eat up your storage space, tie up your capital, and hinder your company’s growth? If so, then it’s time to consider the numerous benefits of reducing inventory. Inventories are designed to match customer(s) demand. The same applies to inventory reduction.

Inventory Reduction 93

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 93

GlobalTranz

DECEMBER 12, 2014

According to a research study from Forrester, EDI continues to prove its worth as an electronic message data format. As a shipper in today’s growing market, there are many advantages to shifting to the use of transportation EDI with your transportation providers or 3PLs. EDI isn’t a new technology in and of itself.

Cost Reduction Strategies 246

Cost Reduction Strategies Waste Reduction Expense Reduction Resource Reduction 246

QAD

FEBRUARY 13, 2023

Given the long list of FTZ benefits, including saving on Merchandise Processing Fees (MPF), reducing or eliminating duties, taxes, and tariffs, and allowing for tax-free storage of inventory while in the zone, it’s natural to wonder why more companies aren’t taking advantage of FTZs. In other words, what’s the catch?

Inventory Reduction 97

Inventory Reduction Inventory Report Waste Reduction 97

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

PINC

APRIL 29, 2020

Real-time transportation visibility platforms flag shipments carrying essential goods, so staff can already prepare with protective gear, such as face masks and be in place to retrieve or offload quickly,” West said. live/drop, type of inventory, type of equipment, load status, etc.).

Demand Planning Software 147

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

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

Talking Logistics

MARCH 20, 2018

International transportation is dealing with ongoing challenges of tighter capacity. From import space and export space tightening up and a hot drayage market causing capacity constraints to volatile air freight rates – international transportation has had its share of challenges the last 10-12 months. Getting Ahead with Export Space.

Capacity 101

Capacity Transportation Forecasting North America 101

ThroughPut

JANUARY 2, 2024

The Just-In-Time inventory management approach revolutionized manufacturing forever. What is Just-In-Time (JIT) Inventory Management? Its central mission is to curtail inventory expenses and amplify operational efficiency by timing the receipt of goods to coincide with their actual need in the manufacturing cycle.

Inventory Reduction 52

Inventory Reduction Just-in-Time Resource Reduction Expense Reduction 52

Locus

MAY 4, 2023

The logistics industry relies on the efficient transportation of goods between locations and line haul transportation plays a significant role in this. In 2021, in the United States alone, the total transportation logistics costs came to around 1.2 What is line haul transportation? trillion U.S. from 2019 to 2027.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Optimization Software Rail Software 52

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

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

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

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

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. What is a Supply Chain?

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 95

Supply Chain Opz

NOVEMBER 30, 2015

In this article, leading experts from various sectors in transportation industry will discuss transportation trends you should take a closer look. An ELD is an electronic logbook that records, among other data, a driver's Record of Duty Status (RODS) and driver Hours of Service (HOS).

Rail Software 100

Rail Software Trends Transportation Supply Chain Planning Software 100

Logistics Viewpoints

AUGUST 19, 2022

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. Walmart has about $1.5

Logistics Network Optimization Software 199

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

Logistics Viewpoints

JANUARY 18, 2022

Then as we slowly started going out and getting used to the new normal, people realized that public transportation was not the best option because of virus transmissions, which increased the demand for cars. Leading to long lead times, shortages, rising prices, and complications in transportation lines.

Supply Chain Planning Software 255

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 255

Logistics Viewpoints

JANUARY 12, 2023

This is the portion of E2E that is most commonly referred to as “real-time transportation visibility”. Trane ’s Tom France, Vice President, Global Distribution, Logistics and Transportation, recently stressed the need for E2E insight: “Extend visibility as much as you can throughout your supply chain.

Supply Chain Planning Software 191

Supply Chain Planning Software Supply Chain Visibility Supply Chain Design Software Real-time Visibility 191

GlobalTranz

FEBRUARY 2, 2015

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. VMI is all about collaboration.

Vendor Strategies 120

Vendor Strategies Inventory Reduction Modeling Software Modeling 120

Logility

JUNE 21, 2022

There are many places fulfillment can be delayed – from an antiquated order acceptance process to lack of inventory to logistical complexities. It gives you no real-time insight into inventory, you have no real-time information at all about where your goods are in the supply chain, and you can’t tell your customer anything enlightening.

Modeling 173

Modeling Supply Chain Planning Software Demand Planning Software Supply Chain Software 173

Logistics Viewpoints

APRIL 10, 2024

The most obvious impact was the disruption of traffic and transportation. A redundant supply chain has spare or backup capacity, such as inventory, equipment, facilities, and suppliers, that can be activated or mobilized in case of disruptions. The collapse had several immediate and long-term consequences for the region.

Baltimore 230

Baltimore Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

PINC

OCTOBER 8, 2020

This transaction marks the second add-on acquisition for PINC in less than thirty days – PINC acquired a transportation management software (TMS) carveout from Wabtec Corporation on September 15, 2020. Customers will be able to turn to PINC to see, automate, and execute more components of their supply chain. About RailcarRx: .

Rail Software 147

Rail Software Logistics Network Optimization Software Analytics Software Optimization Software 147

SCMDOJO

APRIL 15, 2024

Services by Amazon Here are some of the key services offered by Amazon: General public: Amazon.com – an e-commerce platform offering a diverse selection of products such as books, electronics, apparel, and groceries. From books and electronics to clothing and groceries, Amazon offers an unparalleled selection of items to its customers.

Logistics Network Optimization Software 82

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 82

SupplyPike

MAY 24, 2019

You would send an EDI 846 (Inventory Inquiry/Advice) to your buyers/trading partners to notify them of your on-hand inventory. Check out our blog post: What is EDI (Electronic Data Interchange)? Related Reading: Integrating Transportation Carriers – EDI 200 Series. A win-win for both parties. New to EDI?

Inventory 40

Inventory Modeling Manufacturing Procurement Optimization Modeling 40

SupplyPike

MAY 24, 2019

You would send an EDI 846 (Inventory Inquiry/Advice) to your buyers/trading partners to notify them of your on-hand inventory. Check out our blog post: What is EDI (Electronic Data Interchange)? Related Reading: Integrating Transportation Carriers – EDI 200 Series. A win-win for both parties. New to EDI?

Inventory 40

Inventory Modeling Manufacturing Procurement Optimization Modeling 40

Supply Chain Shaman

JANUARY 2, 2019

Companies cannot save their way to supply chain excellence with cost-cutting and inventory management — customer back capabilities. Examples include allocation, available-to-Promise, and transportation routing. Outside-in Transportation. Telematics and outside-in data redefines transportation.

Prescriptive Analytics Software 238

Prescriptive Analytics Software Supply Chain Planning Software Predictive Analytics Software Analytics Software 238

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

Savi

FEBRUARY 5, 2019

Today’s driver shortage is helping to drive transportation costs higher. On top of all these factors, the driver shortages, an almost 100% driver turnover rate, and increased demand further jam up the supply chain and limit transportation options. With the rising economy, setbacks in trucking have occurred.

Cost Reduction Strategies 56

Cost Reduction Strategies Analytics Software Supply Chain Planning Software Supply Chain Software 56

GlobalTranz

SEPTEMBER 6, 2017

As a result, inventory management processes grow more effective, making the way for both just-in-time delivery options and better customer service. Partnerships also open the door for collaboration between OEMs and lighting manufacturers. This allows both parties to understand what consumers want and need.

Price Reduction 305

Price Reduction Internet of things Cost Reduction Strategies Inventory Reduction 305

Supply Chain Matters

JULY 15, 2022

This has been especially the case over the last two plus years with the onset of the global-wide Covid-19 pandemic and with consequent and unprecedented supply and transportation network disruptions. The company was eventually forced to transport its bikes and equipment by more expensive air freight to avoid congested U.S.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

SCMDOJO

APRIL 9, 2024

With the advancement of transportation, like wheels and navigation techniques, transport to distant territories was completed over shorter periods. The Industrial Revolution gave rise to large-scale production and transportation efficiency, which led to the modern logistics landscape that we know today.

Supply Chain Design Software 65

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Design 65

ShipBob

MARCH 28, 2024

This method is key for businesses looking to manage inventory flexibly and save on upfront costs. Compliance with bonded facilities: Goods must be stored or transported only through facilities authorized by customs. This process can lead to savings on shipping and handling costs and streamline the logistics process.

Inventory Reduction 52

Inventory Reduction Supply Chain Design Software Inventory Management Software Cost Reduction Strategies 52

Supply Chain Matters

DECEMBER 28, 2023

An initial estimate of this year’s retail holiday spending indicates a mixed bag, depending on either retail industry, consumer goods producer or logistics and transportation industry perspectives. Consumers were expecting that there would be adequate inventory of goods even up to two days before Christmas. All rights reserved.

Forecasting 52

Forecasting Apparel Inventory Reduction Journal 52

3rdwave

NOVEMBER 8, 2018

In today’s turbulent trading environment, strong global transportation management capabilities deliver exceptional benefits and value. Massive shifts in supply chains are underway because of trade turmoil increasing the complexity in global supply chain management and related transportation management.

Supply Chain Design Software 79

Supply Chain Design Software Global Transportation Supply Chain Planning Software Optimization Software 79

PINC

NOVEMBER 12, 2019

Whether they’re trying to navigate tariff changes, stay ahead of changing customer preferences, or whittle down high transportation bills, shippers are using digital payment processes to eradicate paper, phone calls, and emails instead of a more streamlined, tech-enabled approach. Streamlined employee management. There’s More to Come.

Logistics Network Optimization Software 113

Logistics Network Optimization Software Logistics Inventory Management Software Electronics 113

QAD

AUGUST 16, 2022

As the supply chain breaks, manufacturers must find new suppliers and new transport routes and find them rapidly, so that production doesn’t come to a halt. Continued fallout, including transport congestion, limited air freight and rail freight transportation in the Asia-Europe lanes, because of the Russia/Ukraine conflict.

Optimal Sourcing 94

Optimal Sourcing Supply Chain Software Manufacturing Procurement Supply Chain Design Software 94