Logility

MAY 25, 2023

It’s no longer a luxury but a necessity, a critical cog in the wheel of successful supply chain management and warehousing. Despite these compelling figures, many manufacturers are still wrestling with inventory planning and optimization. A recent study revealed that overstocks cost retailers a staggering global loss of $362.1

Inventory Reduction 130

Inventory Reduction Inventory Management Software Optimal Sourcing Inventory 130

6 River Systems

FEBRUARY 22, 2019

Every warehouse strives for efficient order fulfillment. There are many factors that can impact costs, from warehouse replenishment practices to the warehouse equipment deployed to support the fulfillment process. ” Meet Our Panel of Warehouse Pros: Nate Masterson. Dave Masterson. Nate Masterson. MapleHolistics.

Cost Reduction Strategies 56

Cost Reduction Strategies Inventory Reduction Material Savings Warehousing 56

Operations and Supply Chain Management

FEBRUARY 28, 2024

Swimsuits and dresses for weddings—you never buy just one,” says Joanie Demer, co-founder of Krazy Coupon Lady. People who buy portable generators during weather emergencies use them until the emergencies have ended, and then those go back too. Brick-and-mortar stores also allow shoppers to return unwanted purchases.

Reverse Logistics 75

Reverse Logistics Purchasing Skills Logistics Network Optimization Software Eliminating Excel in Purchasing 75

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

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals.

Supply Chain Planning Software 96

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

Logistics Bureau

APRIL 3, 2023

To date, most of our content has covered topics related either to logistics or manufacturing outsourcing. Meanwhile, countries in Southeast Asia, such as Vietnam and Cambodia, are enjoying growth as offshore manufacturing centres.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

Supply Chain Shaman

OCTOBER 29, 2020

While touted as a digital procurement provider, it took the Company nine days to onboard me as a vendor, and two weeks to process a Purchase Order. Let’s learn from the past to unlearn to rethink supply chain excellence. The world would be more sustainable if we clean out our warehouses of inventory that we do not need.

Optimal Sourcing 229

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 229

Logistics Bureau

OCTOBER 6, 2017

Getting the Service Policy Right. One of the fastest ways I know to burn money in Supply Chain management is not to have clear customer service policies or to have service policies that are poorly implemented and communicated. 3) Don’t have a one size fits all customer service policy. 5) Manage the policy.

Cost Reduction Strategies 40

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 40

Unleashed

FEBRUARY 8, 2024

Customers want to know product availability, price, and delivery times of the goods they are looking to purchase. They also want the ability to track their orders from point of purchase through to delivery, and to receive notifications about dispatch and shipping movements of their orders.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Forecasting Software Demand Planning Software 52

Unleashed

DECEMBER 5, 2023

Shoppers can now enjoy more personalised buying journeys, as merchants make it faster and easier to find the products that they’re most likely to purchase. It enables businesses to be more targeted with their websites by intelligently recommending the products they’d most likely be interested in buying.

Inventory Management Software 52

Inventory Management Software Predictive Analytics Software Supply Chain Design Software Demand Planning Software 52

20Cube Logistics

AUGUST 18, 2019

A lot of people are involved in the supply chain decision making process, to bring out the excellence outcome, however implementing the below mentioned characteristics will shift your supply chain operations from mundane to outstanding. Sustainable. As the meaning says, “On Time”. Transparent and clean. Communication & Network.

Supply Chain Planning Software 40

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software Supply Chain Strategy 40

Supply Chain Shaman

AUGUST 11, 2016

For four years, the company supply chain team argued about the number of supply chains, the customer segmentation strategy and how to tie customer policy to execution. In Agrosciences is the customer the distributor of seed/additives, the farmer or the downstream purchaser of food products? Last week, I visited a client.

Cost Reduction Strategies 150

Cost Reduction Strategies Inventory Reduction Price Reduction Supply Chain Strategy 150

SCMDOJO

AUGUST 4, 2023

Reason # 4: Reduce Inventory Carrying Cost Inventory carrying cost (which usually describes any value acquired by a business for holding inventory over a specified time frame) can include the cost of obsolesce, damage, insurance, relocation, shrinkage, taxes, and warehouse. Putting a strict policy in place may help you reduce your inventory.

Inventory Reduction 90

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 90

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.

Inventory Reduction 40

Inventory Reduction Cost Reduction Strategies Price Reduction Waste Reduction 40

Enterra Insights

JANUARY 6, 2023

We all know the storyline that insists advanced economies have moved on from the Industrial Age to the Digital Age and have become service-focused rather than a manufacturing-focused. ” Santhanam is one of a trio of co-authors who have labeled this manufacturing resurgence the “Titanium Economy.” ”[4].

Manufacturing Procurement 130

Manufacturing Procurement Manufacturing South Carolina Pricing Training 130

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Changing Landscape of Supply Chain Executives Traditionally, supply chain executives excelled in managing functions like transportation, warehousing, inventory, and production planning but supply chain process extends beyond the firm, involving global relationships with suppliers and customers.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

ShipBob

SEPTEMBER 20, 2021

End-to-end supply chain management involves all the steps in your supply chain, starting with sourcing ecommerce inventory to managing the post-purchase experience. . Procurement & manufacturing. In order to optimize stock availability , you need to also factor in production and warehouse receiving lead times.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 52

The Logistics & Supply Chain Management Society

MAY 28, 2022

These e-fulfillment centres should also be heavy on solar power generation to meet the energy needs of both the facility as well as electric vehicles used in warehouse operations as well as for deliveries. The human factor out of manufacturing and logistics. From global to local and regional sourcing.

Innovation 244

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

Supply Chain Game Changer

NOVEMBER 15, 2018

Implementing a Lean program on the Manufacturing floor, in a Warehouse operation, or in a Distribution Centre is challenging enough. Yet in both cases the Lean program flourished on the shop floor, in the warehouse, and in the direct employment areas. Executive Buy-In and Ongoing Support. Subscribe Here! Email Address.

Agile and Lean Supply Chain 43

Agile and Lean Supply Chain Lean Purchasing Training Negotiating Skills 43

Logistics Bureau

NOVEMBER 27, 2016

So in order to perhaps spawn some ideas for your supply chain excellence efforts, I thought I’d offer a brief overview of how four leading organisations are achieving their successes and cementing their mastery of the 21 st century supply chain. 4 Leading Operators with the Supply Chain X-Factor. Health and safety. Innovation.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Design Software Gartner 40

Logistics Bureau

JANUARY 7, 2020

Developed a process of excellence in supply chain collaboration. Along with the design of supply chain strategy, the design of the supply chain itself, especially the part dealing with outbound distribution from plants or warehouses, is instrumental in the success or failure of businesses. . Supply Chain Network Design.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 101

Infosys Supply Chain Management

NOVEMBER 29, 2011

Industrial Manufacturing. « Retailer Multi-Channel Operations Capabilities Get an Early Test in the 2011 Holiday Buying Season | Main | Fraud vs Customer Centricity - III » Layaway and Buy Now Pay Later Payment Options! Layaway: • The customer selects the product that she wants to buy. Automotive. Healthcare.

Eliminating Excel in Purchasing 22

Eliminating Excel in Purchasing Manufacturing Procurement Procurement Solutions Agile and Lean Supply Chain 22

New Horizon Supply Chain Blog

FEBRUARY 8, 2024

Procurement planning functionality (essentially the planning of future purchase orders) is typically a subset of broader supply planning applications that plan manufacturing work orders, inventory levels, shipments, as well as purchase orders, to meet demand.

Procurement Solutions 52

Procurement Solutions Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement 52

ToolsGroup

NOVEMBER 4, 2022

Excess inventory – it’s taking up your warehouse space, tying up working capital, and limiting your planning team’s range of motion. Excess inventory is the stock remaining on shelves or in warehouses after customer demand for an item has been filled. Let’s talk about: What Excess Inventory Is. What Causes Excess Inventory.

Inventory Reduction 156

Inventory Reduction Material Savings Cost Reduction Strategies Inventory 156

Supply Chain Shaman

DECEMBER 30, 2021

Returning containers is an ongoing issue resulting in some manufacturers investigating a return to break-bulk shipping (container free). In addition, the terminal operators changed policies for chassis ownership which complicated unloading. There is not a one-to-one relationship between a container and a purchase order.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 195

Supply Chain Game Changer

DECEMBER 6, 2018

When it comes to the state of working in America, warehouses have seen a huge increase of workers with over 1,000,000 total since the start of 2018. Warehouses, often full of moving machinery carrying heavy loads, are inherently one of the most dangerous places to work. Safe warehouse processes aren’t just the responsible bar to set.

Warehousing 65

Warehousing Buyer Training Purchasing Training Material Savings 65

ShipBob

OCTOBER 9, 2023

In-house fulfillment If you’re just starting out or don’t have the means to hire a staff and rent a warehouse, it is possible to fulfill orders yourself. If you opt for dropshipping, the order fulfillment process is entirely managed by the manufacturer. The 3 main fulfillment options a Shopify store owner has 1.

Logistics Network Optimization Software 98

Logistics Network Optimization Software Supply Chain Network Software Inventory Management Software Supply Chain Planning Software 98

Vinculum

APRIL 20, 2022

Amid the pandemic, most e-commerce industries manage their order, inventory, and warehouse in a good way, and few fail to look into it decently. The online process is so easy and convenient that the buying and returning of the stuff becomes more accessible, which helps in the booming of the apparel industry to its zenith.

Apparel 52

Apparel Inventory Reduction Trends Vendor Strategies 52

SCMDOJO

NOVEMBER 24, 2023

A warehouse management system for e-commerce makes managing a giant warehouse 24/7 no easy task. This article will walk you through the basic understanding of the warehouse management system (WMS), its features, how and where it fits with the supply chain, and different WMS systems.

Supply Chain Design Software 65

Supply Chain Design Software Supply Chain Planning Software Inventory Management Software Optimization Software 65

Unleashed

NOVEMBER 28, 2022

Inventory replenishment is the process of purchasing the goods, components, and raw materials needed to build and sell products. It ensures products and materials are procured and delivered to the warehouse in a cost-effective, timely way. Bulk buying can also provide leverage for discounted delivery costs.

Inventory Reduction 98

Inventory Reduction Material Savings Cost Reduction Strategies Resource Reduction 98

ShipBob

NOVEMBER 15, 2021

Rather, with time and planning, you can research the most cost-effective supply chain solutions, and factor in hidden logistics costs that you might not remember to budget for otherwise (such as labor, warehouse insurance, and equipment). Procurement and manufacturing. Find the right supplier or manufacturer. Logistical Process.

Supply Chain Planning Software 98

Supply Chain Planning Software Logistics Network Optimization Software Material Savings Negotiating Skills 98

6 River Systems

DECEMBER 11, 2018

Create an adaptive unified buying process. “If you look at the typical buying process, it is bifurcated based on geography. If I am going to buy goods from this geography, then I use this process. Logistics personnel and supplier management pointers. Tips for improving customer experience.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

Supply Chain Shaman

OCTOBER 2, 2020

The organization is not clear on accepting special requests and expedited shipping policies, often resulting in a lower margin. I called the customer service line for the manufacturer and was told that the only thing I could do was call a maintenance specialist. The Sleep Number Story of Supply Chain Excellence.

Customer Service 285

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 285

Logistics Bureau

OCTOBER 10, 2022

The quantity of inventory you hold in your warehouse(s) tends to increase proportionately to the service levels you promise your customers or the standards you aspire to uphold in the absence of formal service agreements. Let’s assume that yours is a retail organisation that sells products from several manufacturers.

Modeling 95

Modeling Inventory Reduction Network Optimization Supply Chain Optimization 95

Unleashed

FEBRUARY 9, 2023

Amazon wholesaling is a business model in which products are purchased in bulk, directly from the distributor or manufacturer, and then sold through the Amazon platform to customers at a higher price. Amazon wholesaling works by purchasing existing branded products in bulk quantities and reselling them through the Amazon marketplace.

Inventory Management Software 52

Inventory Management Software Modeling Software Supply Chain Design Software Purchasing Skills 52

GlobalTranz

OCTOBER 23, 2018

When it comes to the state of working in America, warehouses have seen a huge increase of workers with over 1,000,000 total since the start of 2018. Warehouses, often full of moving machinery carrying heavy loads, are inherently one of the most dangerous places to work. Safe warehouse processes aren’t just the responsible bar to set.

Warehousing 237

Warehousing Buyer Training Purchasing Training Material Savings 237

Unleashed

NOVEMBER 22, 2021

We answer all these questions and more – including how inventory management software will help you manage your supply chain for your freeport warehouse or factory. They especially encourage manufacturing and design enterprises that import, process and then re-export goods. Read more: What is a Bonded Warehouse?

Supply Chain Design Software 98

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