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

GlobalTranz

FEBRUARY 16, 2016

This is the first of a two-part series where I will curate and cull information from my 4 decades of experience in logistics cost reduction at various positions in the supply chain. According to the CSCMP's "State of Logistics" Report from 2015, logistics costs now make up over 8% of the GDP. Listen to your people.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

Logistics Viewpoints

DECEMBER 12, 2022

They source plastic pellets and then use injection, blow molding, rotational molding, and thermoforming to produce their finished products. At Dow, Mr. Baker had Purchasing experience in raw materials, and logistics for their plastics supply chain. This replaced an Excel based, part-by-part approach.

Supply Chain Planning Software 204

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Manufacturing Procurement 204

SCMDOJO

MARCH 19, 2024

This data can be used to identify areas for improvement and make informed decisions about sourcing, production, and distribution. These functions include procurement, production planning, inventory management, logistics, and customer service. Logistics Logistics involves managing the transportation and delivery of goods.

Optimal Sourcing 79

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 79

Procurement Academy

JUNE 26, 2024

Our programs are designed by subject-matter experts and endorsed by the Chartered Institute of Logistics and Transportation (CILT) and the International Federation of Purchasing and Supply Management (IPFSM), ensuring that participants acquire the right knowledge combined with relevant and practical skills.

Negotiating Skills 52

Negotiating Skills Optimal Sourcing Purchasing Skills Buyer Training 52

Supply Chain Shaman

FEBRUARY 14, 2022

Notice how the water turns from blue to brown in Figure 3 with the lack of demand translation capabilities within the enterprise for manufacturing and logistics. Orchestration enables companies to effectively manage trade-offs between source, make, deliver and sell.) Days of Inventory by Industry Sector Across Time Periods.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

ThroughPut

JUNE 16, 2024

Issues such as traffic congestion, delivery time windows, and the need for multiple delivery attempts can complicate last-mile logistics and increase costs. Accurate inventory tracking ensures that stock levels are up-to-date, reducing the risk of stockouts and overstocking. How is AI used for Inventory Delivery Management?

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Optimal Sourcing Supply Chain Software 52

QAD

MARCH 30, 2023

There are two types of RFID tags commonly used in logistics and transportation: Passive RFID tags utilize the power in radio waves emitted by fixed or portable readers to rebroadcast their unique identification. They don’t have an internal power source, so range and data storage is sacrificed to gain cost efficiency and lifespan.

Manufacturing Procurement 98

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Supply Chain Software 98

Logistics Viewpoints

MARCH 29, 2021

They also have 20 sourcing locations across North America from which they can ship make to stock products. A Value-Added Service (VAS) team can provide on-site management, installation, equipment, inventory management (just-in-time deliveries), heating solutions, and testing. HarbisonWalker has over 1300 employees.

Optimal Sourcing 160

Optimal Sourcing Innovation Manufacturing Procurement Supply Chain Planning Software 160

SCMDOJO

JUNE 21, 2023

It involves outsourcing the entire supply chain function to a third-party provider who manages everything from sourcing raw materials to delivering finished products to customers. allowing them to shift their focus towards core activities like market share and product management.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 94

GlobalTranz

JANUARY 7, 2016

Editor's Note: This is a two part series featuring Chuck Intrieri, who along with providing excellent insights over at his industry leading The Lean Supply Chain blog, is also a consultant who works with companies for Cost Reduction, Supply Chain Optimization, Logistics, Manufacturing, and 3PL Selection.

Manufacturing Procurement 120

Manufacturing Procurement Manufacturing Eliminating Excel in Purchasing Purchasing Skills 120

Supply Chain Game Changer

NOVEMBER 23, 2018

Check out What Exactly Is Reverse Logistics? The application of advanced forecasting and planning methodologies improve inventory management in a critical, high-volume repair business, dramatically reducing costs and fulfillment cycles while improving customer satisfaction. Subscribe Here! Email Address.

Optimal Sourcing 43

Optimal Sourcing Reverse Logistics Case Study Modeling 43

Supply Chain Matters

JUNE 21, 2022

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. business logistics costs reportedly rose by 22.4 For 2021, U.S. percent to $1.85

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

Logistics Bureau

APRIL 11, 2019

If you’re preparing to launch a new career in supply chain or logistics , it will help a lot to know how and where to look for a first job, which appointments can get you off the best start, and what qualifications will be most helpful in getting you into the profession. Source: Deloitte Report – The Future of Work.

Supply Chain Planning 56

Supply Chain Planning Security Logistics Network Optimization Software Purchasing Skills 56

Unleashed

OCTOBER 30, 2023

Ecommerce consumers want fast, accurate deliveries and a transparent purchasing process. When it comes to customer service, how you manage your WooCommerce order fulfilment plays a vital role in meeting customer expectations. Procurement is the process of sourcing the suppliers and service providers that enable you to sell products.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Procurement Solutions Material Savings 52

Unleashed

OCTOBER 4, 2023

The order fulfilment process covers every step required to get goods to the people who purchase them, from the moment a customer places an order to when they receive their purchase. When an order is confirmed, the items need to be collected from inventory and packaged for shipment.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

AIMMS

OCTOBER 22, 2019

The other part of my role is supporting the inventory management functions within BT Group, driving decision-making around what we buy, when we buy, and where from. Our inventory managers work with demand and supply forecasting across our business. Until recently, BT Supply Chain was an internal cost center.

Supply Chain Design Software 240

Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software AIMMS 240

ShipBob

SEPTEMBER 29, 2021

These are all forms of retail logistics. From managing inventory flow to ensuring that customers receive shipments on time, retail logistics streamlines the different stages of your ecommerce supply chain to keep your business running smoothly. What are retail logistics? COVID’s impact on retail logistics.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Optimization Software Inventory Management Software 52

ThroughPut

FEBRUARY 2, 2024

With Advanced Supply Chain Analytics : Advanced analytics can foresee such supply shortages by analyzing patterns, trends, and external factors, allowing the company to source alternative suppliers or adjust production schedules in advance. This includes data from suppliers, production facilities, logistics services, and customer feedback.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

Supply Chain Game Changer

OCTOBER 28, 2020

But one of the hottest perennial topics – for candidates looking to develop their careers, as well as hiring managers developing their talent strategy – is always salary : What does the compensation picture look like for Supply Chain professionals?With Make ,” which includes Operations Managers and Directors and Production Managers.

Supply Chain Planning 98

Supply Chain Planning Supply Chain Strategy Purchasing Skills Supply Chain 98

ThroughPut

MARCH 28, 2024

Integrating Artificial Intelligence (AI) within different segments of the Food Industry, including transportation and logistics, production planning, quality control, and others has kicked off revolutionary transformations. Supply Chain Administration Supply chains are the backbone of the food industry.

Case Study 52

Case Study Optimal Sourcing Supply Chain Planning Software Food 52

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. Logistics network inefficiencies can also leave costly trails. The solution?

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

SCMDOJO

APRIL 4, 2023

This means tracking everything from customer relations to inventory management, financial investments, transportation and delivery processes, and workflow processes. To accomplish this, supply chain analytics collects, analyzes, and synthesizes data from a wide variety of sources.

Prescriptive Analytics Software 111

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 111

SCMDOJO

DECEMBER 29, 2022

Before diving into WMS issues, let’s understand the slight technical difference between warehouse management systems and warehouse automation. Warehouse Automation Definition: Warehouse automation uses technology and automated systems to streamline inventory management, storage, and shipping.

Supply Chain Software 72

Supply Chain Software Warehousing Optimal Sourcing Optimization Software 72

Intelligent Audit

MARCH 23, 2022

“Demand was greater than available inventory” was a common theme in many retailers’ earnings announcements in early Q1 of 2022. As a result, we did not have enough inventory to keep pace with customer demand, resulting in lost sales during the peak holiday selling period,” Abercrombie CEO Fran Horowitz said. “Q4 Q4 sales of $16.4

Supply Chain Planning 52

Supply Chain Planning Scenario Planning Forecasting Agile and Lean Supply Chain 52

GlobalTranz

MAY 13, 2015

However, one thing that should come to mind is the prowess of the retail giant’s supply chain excellence. Walmart would not have the ability to provide such low prices and have consistent inventory in the over 5,000 stores in the United States and over 1.3 million employees without a focus on good supply chain management.

Gartner 120

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 120

AIMMS

OCTOBER 22, 2019

The other part of my role is supporting the inventory management functions within BT Group, driving decision-making around what we buy, when we buy, and where from. Our inventory managers work with demand and supply forecasting across our business. Until recently, BT Supply Chain was an internal cost center.

Supply Chain Design Software 156

Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software AIMMS 156

Unleashed

JANUARY 4, 2022

A subset of eCommerce, social commerce supports engagement with consumers, and elicits user-generated social contributions to assist the buying and selling of products and services online. The ease of voice shopping directly influences consumer searches and as a result, purchase outcomes.

Trends 98

Trends Modeling Software Predictive Analytics Software Supply Chain Planning Software 98

Logistics Bureau

APRIL 3, 2023

To date, most of our content has covered topics related either to logistics or manufacturing outsourcing. Meanwhile, outsourced logistics can help reduce your overhead costs by reducing the need for your company to own facilities and equipment, which can be expensive to maintain.

Optimal Sourcing 74

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 74

Supply Chain Opz

AUGUST 2, 2018

In Global organizations, successful inventory management is a complex science that requires modelling across an entire network to determine interdependencies between locations and the calculation of the ideal inventory targets from raw materials through work-in-progress to finished goods; no small undertaking.

Optimal Sourcing 100

Optimal Sourcing Modeling Optimization Software Inventory Reduction 100

Elementum

FEBRUARY 7, 2024

Logistics Management: Streamlining Operations with AI In logistics, AI-driven process automation optimizes routing, fleet management, and delivery schedules, significantly reducing operational costs and improving efficiency.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

SCMDOJO

MAY 6, 2022

Many supply chain systems are closed-source, all-in-one, proprietary, expensive, and difficult to customize ( read Why ERP Sucks ). To improve the overall efficiency, supply chain management and brands are automating key business processes using no-code platforms. However, Finance is now Fintech and Marketing is now Digital Marketing.

Supply Chain Design Software 113

Supply Chain Design Software Demand Planning Software Supply Chain Network Software Inventory Management Software 113

Supply Chain Movement

JANUARY 11, 2016

Purchasing. Culture – how can you successfully align supply chain strategy with business strategy and people management? Share experiences and hear success stories on leadership strategies, cultural excellence and talent development. Our members include: VPs/Directors/Group Heads in: Supply Chain. Procurement. Operations.

Supply Chain Design Software 60

Supply Chain Design Software Sourcing Strategies Supply Chain Strategy Supply Chain Design 60

Unleashed

JUNE 24, 2020

That includes the importance of robust inventory management to retail. Ensuring you don’t fail at order fulfilment begins with understanding your inventory and supply chain. Ensuring you don’t fail at order fulfilment begins with understanding your inventory and supply chain. What is Omnichannel Inventory Management?

Inventory Management Software 98

Inventory Management Software Inventory Management Omnichannel Inventory Reduction 98

Logistics Bureau

JANUARY 7, 2020

Pioneered the use of vendor-managed inventory. Developed a process of excellence in supply chain collaboration. Implemented cross-docking in its supply network to enable inventory reductions. That should be sobering news for any business not yet focused on supply chain excellence as a lever for business success.

Inventory Reduction 102

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 102

ShipBob

AUGUST 5, 2020

Source your products. Before you build an online store, you need to source your products. There are several avenues you can take to source products from working with local stores or suppliers to wholesale distributor options. Last year, Shopify reported 218 million buyers in total made a purchase on a Shopify store.

Purchasing Skills 99

Purchasing Skills Manufacturing Procurement Sourcing Strategies Optimal Sourcing 99

IQMS

JUNE 25, 2019

By 2020, Discrete Manufacturing, Transportation & Logistics and Utilities industries are projected to spend $40B each on IoT platforms, systems, and services. The Supply Chain Management enterprise software market is growing from $12.2B in 2017 to $20.4B in 2022, achieving a 10.7% The following graphic illustrates the workflow.

Supply Chain Planning Software 83

Supply Chain Planning Software Pharmaceutical Optimal Sourcing Supply Chain Software 83