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

GlobalTranz

JANUARY 9, 2019

Editor’s Note: This article is from Steve Bettwy , Vice President – Quality and Business Continuity, Operational Excellence, and Continuous Improvement at Direct Supply. Shipping Costs Are A Thorn In Amazon’s Side At its core, Amazon is a logistics company. Two thirds of American households buy from Amazon.

Purchasing Training 187

Purchasing Training Price Mitigation Strategies Training Freight 187

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

The Logistics & Supply Chain Management Society

APRIL 19, 2023

Through trade, countries are able to buy agri-food produce from other parts of the world that are not able to grow efficiently on their own land (or region) or are not in season. He is the author of ‘Halal business management: a guide to achieving halal excellence’. MORE FROM THIS EDITION h6 Are Our Agri-Food Supply Chains In Crisis?

Waste Reduction 130

Waste Reduction Food Resource Reduction Price Reduction 130

Unleashed

OCTOBER 27, 2021

Global supply chain disruption, rapid technological evolution, changing buying and selling habits – wholesale distributors have had to deal with some rapid and radical changes over the past couple of years. D2C logistics and eCommerce can still be burdensome for manufacturers who are not well-established in these areas.

Inventory Management Software 97

Inventory Management Software Forecasting Software Predictive Analytics Software Analytics Software 97

The Logistics of Logistics

JANUARY 25, 2013

Five Lessons from Military Logistics. Military folks excel in logistics because they focus on the five areas below and we would all be wise to do the same. With this in mind, they hire the right people and find the best logistics providers. The Second Worst Phone Call in Logistics. Core Values / Culture.

Military 114

Military Waste Reduction Agile and Lean Supply Chain Lean 114

SCMDOJO

MARCH 19, 2024

These functions include procurement, production planning, inventory management, logistics, and customer service. This includes implementing lean manufacturing principles and utilizing advanced planning software, so businesses can optimize production processes and minimize waste. Enroll Now!

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

GlobalTranz

JUNE 18, 2015

Needs for efficient reverse logistics systems continue to increase as e-commerce claims greater market share, and as so many traditionally functioning businesses grow and inevitably incur increasing volume of returns. This presents opportunities for developing new revenue streams, an exciting challenge to logistics professionals.

Reverse Logistics 120

Reverse Logistics Optimization Software Demand Planning Software Supply Chain Network Software 120

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Brand loyalty is no longer the driver for consumer purchasing decisions. People simply want to purchase products from businesses which provide a more transparent and streamlined service, and who deliver on their customer promise, even if it means inflated prices to obtain it.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. At a high level, what GEON does is purchase plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. It’s the narrative.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 235

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

Supply Chain Shaman

MAY 21, 2013

We have used Lean process systems and swim-laned ourselves to death. In the last five years, while the physician is still important, the buying decisions transitioned from the supplier to the care provider. They are primarily focused on cost management on new purchase decisions. “Does everyone realize how bad the problem is?

Modeling 236

Modeling Modeling Software Pharmaceutical Procurement Analytics 236

Freightos

AUGUST 26, 2015

The Experts’ Choice of the Top Online Logistics Resources. 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. Experts’ Choice: Supply Chain and Logistics Email Newsletters. Ti Logistics Briefing.

Resource Reduction 120

Resource Reduction Resources Logistics Network Optimization Software Logistics 120

Supply Chain Game Changer

JANUARY 19, 2022

This way, your supply chain will be as cost-effective and lean as possible. When it comes to supply chain and logistics , always remember that the supply chain process starts with your suppliers. For example, if you’re doing business with Chinese vendors, you might want to plan your purchase order timing.

Vendor Strategies 109

Vendor Strategies Inventory Reduction Cost Reduction Strategies Resource Reduction 109

Proxima

JULY 27, 2023

However, as the Command Paper acknowledges, we have taken a lean and concentrated approach to our forces in recent years and improved resilience through dispersal and movement will be important. A solution to this is a dispersed logistics strategy, keeping production lines open, so that production can be accelerated when needed.

Analysis 52

Analysis Ukraine Agile and Lean Supply Chain Optimal Sourcing 52

GlobalTranz

OCTOBER 23, 2015

We continue our series on understanding the 3PL KPIs (Key performance indicators) from 3PL consultant, Chuck Intrieri of The Lean Supply Chain as it relates to the engagement with a 3PL. The logistics service level agreement and Quarterly Business Review (QBR) should be detailed with specific 3PL KPIs.

KPI 120

KPI 3PL Supply Chain Planning Software Resource Reduction 120

Supply Chain Movement

JUNE 11, 2014

Thirdly I have set up global raw material supply (GMS), a supply entity that consolidates CAN’s global purchase orders and global vendors to plan and deliver raw materials for our manufacturing sites. Our buyers are purchasing micro ingredients, such as vitamins, additives, minerals, etc. All three should be in balance.”.

S&OP 107

S&OP Supply and Demand Material Savings Sourcing Strategies 107

Supply Chain Opz

NOVEMBER 9, 2014

However, commonly used KPIs used by supply chain executives are usually focused on logistics performance (e.g., That said, implementing Lean concepts would undoubtedly be part of that strategy, for example, - Lean Warehousing : Many firms (both retailers and manufacturers) are now aggressively rolling out Lean in their warehouse operations.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

Supply Chain Shaman

APRIL 7, 2016

On Monday, I would speak in Orlando Florida at the Terra Technology event; and on Wednesday, present the keynote at the Logistic Summit & Expo in Mexico City. In the outside-in supply chain, the signals are from the buy and sell-side markets back to the enterprise. This work is important to me. Bio-engineering? Customization?

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

Locus

DECEMBER 23, 2022

Not only this, 62% of online shoppers in the US say delivery speed is what makes for a good purchase experience. But even with this knowledge, what’s stopping retailers and e-commerce companies from providing excellent delivery experiences to their customers? percent in North America in 2022. Failed deliveries.

Analytics Software 52

Analytics Software Retail Supply Chain Planning Software Demand Planning Software 52

Kinaxis

SEPTEMBER 27, 2017

Tailor your supply chain to cater to diverse businesses: In his keynote, Mourad Tamoud, EVP of Global Supply Chain Operations of Schneider Electric talked about how they are segmenting their supply network based on their customer personas and purchasing behaviors. Logistics manager becomes Customer satisfaction director.

Gartner 117

Gartner Pharmaceutical Agile and Lean Supply Chain Supply Chain Execution 117

Logistics Bureau

NOVEMBER 16, 2020

And now let us examine the reasons why a career in logistics offers so much diversity to so many workers. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. APICS, for example, runs some really good supply chain and logistics programmes.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

GlobalTranz

FEBRUARY 2, 2015

No Purchase Orders were used. One of these trends deals with utilizing the latest inventory management techniques to manage customers to “lean”. VMI is an excellent option for many dealers and distributors as it has the ability to increase inventory turns, reduce customer returns, reduce administrative costs and reduce lost sales.

Vendor Strategies 120

Vendor Strategies Inventory Reduction Modeling Software Modeling 120

SCMDOJO

FEBRUARY 21, 2024

When it comes to effective and profitable road transport management, it is undeniably crucial you get a reliable 4PL provider to handle your logistics. First, understand the difference between 3PL and 4PL in logistics. 3PLs focus on various logistical areas and topographical locations. What is 4PL?

Logistics Network Optimization Software 66

Logistics Network Optimization Software Logistics Supply Chain Planning Software Agile and Lean Supply Chain 66

Requis

JUNE 25, 2020

She is a 15-year logistics veteran, educator, consultant, and an active volunteer with the Council of Supply Chain Management Professionals (CSCMP). This shows how logistics had adapted to the new conditions in a very short time. It’s not just about procurement or warehousing, we go all the way to reverse logistics.

Supply Chain Planning Software 52

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

Supply Chain Movement

MAY 19, 2016

In 2013 Nokia took full ownership of Nokia Siemens Networks, buying the other half of the venture from Siemens, and 2014 sold its handset business to Microsoft. Nokia is currently preparing for another major change, its purchase of Alcatel-Lucent, which is expected to close in Q1 2016. We have to be lean. By Helen Armstrong.

Supply and Demand 60

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 60

Talking Logistics

JUNE 30, 2015

Smaller companies have lean shipping departments and are often focused on moving product with little time and energy remaining to negotiate contracts and analyze freight spend. Freeing procurement personnel from mundane, day-to-day activities lets them focus on developing strategic relationships with logistics partners.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Procurement 100

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. Shipping and logistics: Selecting the appropriate shipping method, arranging transport, and coordinating with couriers for delivery.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

NC State SCRC

MARCH 9, 2016

Supply chain management as a field evolved as large organizations saw the need for dedicated functions responsible for management of materials, which included purchasing of raw materials, management of manufacturing processes, and logistics (movement of materials). External events directly affected the operation of the typical firm.

Optimal Sourcing 40

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 40

ThroughPut

OCTOBER 16, 2022

All essential data points including product, suppliers, procurement, purchases and sales can be tracked from the inventory management system and the inventory goals can be further used to categorize inventory metrics. This can help improve business performance by becoming more lean and profitable. LACK OF AUTOMATION.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Inventory Management 52

Quantified Freight

MARCH 15, 2017

Since we do not purchase transportation in a box from a department store shelf — why are so many treating it that way? Understanding your carrier partners and what drives cost for them is vital to requesting of them the things that they excel at (and are willing to give good pricing for). There really is no limit. — QF.

Agile and Lean Supply Chain 45

Agile and Lean Supply Chain St. Louis Supply Chain Planning Software Supply Chain Optimization 45

The Logistics & Supply Chain Management Society

MAY 28, 2022

Traditionally, supply chains were focused on minimising supply chain costs and a continuous effort to get supply chains lean, through programmes such as lean six sigma, and far less emphasis on risk management. E-commerce boom requires a new urban logistics model. The human factor out of manufacturing and logistics.

Innovation 244

Innovation Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Software 244

SCMDOJO

APRIL 4, 2023

As a result, these analytics help companies achieve a lean supply chain, prepare for the future, and better understand risks. This involves examining and enhancing processes like sourcing, manufacturing, logistics, inventory management, and delivery.

Prescriptive Analytics Software 110

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 110

SCMDOJO

DECEMBER 14, 2023

But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s uncover the mystery behind the role of sourcing agencies and see how they make the job of buying things much simpler. They play a big role in making sure the whole process of buying things goes smoothly from start to finish.

Purchasing Skills 73

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 73

USC Consulting Group

APRIL 1, 2020

The plans take into account projections made by the sales and marketing departments, the resources available from manufacturing, engineering, purchasing, and finance, and are directed toward hitting the company’s objectives. Any additional strategies (make or buy, market share, flexibility)? Back to top ?.

Inventory Reduction 75

Inventory Reduction Resource Reduction Supply Chain Planning Software Material Savings 75

Logistics Bureau

OCTOBER 23, 2016

The following sections explore some key priorities for logistics operators wishing to meet the imperatives of speed, product quality, waste reduction, and efficiency in fresh supply chains. Utilisation of third-party logistics specialists. Third-party logistics providers can dynamically plan transport routes to minimize hand-offs.

Waste Reduction 40

Waste Reduction Supply Chain Design Software Expense Reduction Supply Chain Planning Software 40

Logistics Bureau

DECEMBER 20, 2016

Despite the apparent complexities involved in supply chain management, achieving excellence really doesn’t have to be too difficult. In this post, we explain what those pillars are, why they matter, and how to align them in a way that supports supply chain management excellence. The Importance of Alignment. Click To Tweet.

Inventory Reduction 40

Inventory Reduction Cost Reduction Strategies Price Reduction Waste Reduction 40