Logistics Viewpoints

SEPTEMBER 19, 2022

Mr. Welty founded a company that sold warehouse management systems (WMS) called AllPoints Systems in 1987. The company buying his company, EXE Technologies, is now infamous among those who have followed the WMS market. We asked for $2 million to buy more robots and then shortly thereafter another $4m. Fail Until You Win.

Modeling Software 202

Modeling Software Supply Chain Planning Software Logistics Network Optimization Software Demand Planning Software 202

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. At its core, inventory control is a delicate dance between having enough products to satisfy customer orders at the right reorder point and avoiding overstocks that tie up capital and warehouse space.

Inventory Reduction 130

Inventory Reduction Inventory Management Software Optimal Sourcing Inventory 130

Supply Chain Shaman

OCTOBER 29, 2020

Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. 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. In times of uncertainty, cash is king.

Optimal Sourcing 236

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 236

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

HICX Solutions

AUGUST 11, 2021

SXM Webinar Series with Art of Procurement. In the first of a three-part Art of Procurement Live Webinar Series ‘Putting the Supplier Experience at the Forefront of Strategic Procurement’ in partnership with HICX, we focus on how to make the business case for Supplier Experience Management (SXM). .

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

Arkieva

NOVEMBER 2, 2016

If you are a warehouse manager, you would know that handling warehouse operations is not an easy task. It is important to constantly implement ways to optimize the processes and improve the operational effectiveness of the warehouse. Here are 10 effective warehouse productivity tips to help you reduce downtime right away.

Vendor Strategies 60

Vendor Strategies Inventory Reduction Waste Reduction Material Savings 60

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

Logistics Bureau

APRIL 3, 2023

Access to Economies of Scale By outsourcing manufacturing, logistics, or other supply chain support activities such as procurement , your company may access the economies of scale enjoyed and passed on by specialist service providers. Your organisation may be one of many that a contract partner serves.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

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. Goods are being produced, procured, and delivered more efficiently with reduced costs. Artificial intelligence (AI) is changing the game for online businesses.

Inventory Management Software 52

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

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

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. A further 41% said they buy multiple versions of the same item with the intent of returning some of them. Having a transparent and fair returns policy is an important first step.

Reverse Logistics 98

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

ShipBob

SEPTEMBER 20, 2021

The process involves complex steps, from procurement, to shipping products to end users, often resulting in a lack of visibility and high operational costs. In this post, we take a look at how you can improve your end-to-end supply chain operations and create a seamless workflow to enhance visibility and reduce operational costs.

Optimal Sourcing 52

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

ShipBob

SEPTEMBER 27, 2021

Dollar discounts, percentages off, buy one, get one deals, and free shipping are great incentive options to entice new and returning customers to make a purchase (or deplete old inventory). The Director of Ecommerce can utilize pre-orders , flash sales , and a customer-focused return policy to help meet goals and drive profitability.

Inventory Reduction 59

Inventory Reduction Optimal Sourcing Price Reduction Cost Reduction Strategies 59

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

ShipBob

SEPTEMBER 29, 2021

Stages of the retail logistics process includes warehouse receiving , inventory management, fulfillment, and shipping. Business owners now face challenges like supply and demand disruptions, inventory delays, global lockdowns, changing trade policies, and evolving consumer shopping behavior. Procuring inventory.

Optimal Sourcing 52

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

Supply Chain Trend

APRIL 5, 2021

The model contains, but is not limited to, organizational design, people and capabilities, roles and responsibilities, business processes and interactions, KPIs, reward and recognition, technology usage, governance and reporting. We now have automated production facilities, warehouses, and transport in our physical supply chain.

Supply Chain Software 92

Supply Chain Software Modeling Supply Chain Planning Software Supply Chain Design Software 92

ShipBob

SEPTEMBER 27, 2021

Dollar discounts, percentages off, buy one, get one deals, and free shipping are great incentive options to entice new and returning customers to make a purchase (or deplete old inventory). The Director of Ecommerce can utilize pre-orders , flash sales , and a customer-focused return policy to help meet goals and drive profitability.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Price Reduction Cost Reduction Strategies 52

Supply Chain Shaman

AUGUST 11, 2016

I want to understand why some companies outperform on the Supply Chain Metrics That Matter while others do not. 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. Price and shipping policies should go hand in hand.

Cost Reduction Strategies 150

Cost Reduction Strategies Inventory Reduction Price Reduction Supply Chain Strategy 150

SCMDOJO

AUGUST 4, 2023

But times are changing, the use of reduce inventory offers more quality and useful performance metrics. The use of reduce inventory in production optimizes delays and reduces other associated costs. If your setup costs get spread over the run of a production, using reduce inventory would naturally lead to smaller setup cost.

Inventory Reduction 90

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 90

Logistics Bureau

JANUARY 7, 2020

Conversely, just 8% of businesses with less capable supply chains report above-average growth. 2) According to a 2012 report into corporate insolvencies by the Australian Securities and Investments Commission, 44% of businesses in Australia failed because of poor strategic management. Pioneered the use of vendor-managed inventory.

Inventory Reduction 101

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

EazyStock

JANUARY 4, 2021

Where inventory management helps a supply chain get by, inventory optimization solutions help a supply chain excel and thrive. Inventory optimization affects so much more than just the warehouse – when inventory is optimized, the entire supply chain runs seamlessly and efficiently.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

EazyStock

JUNE 24, 2020

Even sophisticated Enterprise Resource Planning (ERP) or Warehouse Management Systems (WMS) rely heavily on users manually inputting forecasting and replenishment parameters to automate any form of reordering alerts. The era of using spreadsheets to run reports and analyze data is over. The process is endless.

Inventory Management Software 98

Inventory Management Software Inventory Management Procurement Solutions Forecasting Software 98

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Inspired by McKinsey’s 2020 consultancy report, which emphasizes transforming supply chains rather than temporary fixes, we believe a comprehensive approach to reskilling supply chain professionals is essential to meet future demands. While striving to keep costs low, it also aims to meet customer expectations efficiently.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

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

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. The Sustainability Drive. Innovation.

Agile and Lean Supply Chain 40

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

Supply Chain Shaman

DECEMBER 30, 2021

In addition, the terminal operators changed policies for chassis ownership which complicated unloading. With the full warehouses on the west coast, many of the chassis are under containers being used as overflow warehouses outside of retail stores and distribution centers. The average purchase order changes 3-4X before shipment.

Supply Chain Design Software 195

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

SCMDOJO

JANUARY 17, 2024

They are in charge of purchasing, procurement, and sourcing. With our customizable Logistics KPI Dashboard Excel Template , you can obtain a detailed view of your business’s Current Performance versus Target and the Previous Year’s performance. raw materials) between its sites.

Negotiating Skills 69

Negotiating Skills Purchasing Skills Optimal Sourcing Manufacturing Procurement 69

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. Acting as an on-demand warehousing solution, SFN partners with other warehouses and 3PLs to utilize their technology and operations.)

Logistics Network Optimization Software 98

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

ShipBob

NOVEMBER 15, 2021

Through logistics planning, these systems and functions are evaluated for cost, optimized for efficiency, and designed to withstand unexpected challenges. Additional tools like free standard packaging, data and analytics, and our best-in-class software are included at no extra charge to help you stay on budget and plan your logistics.

Supply Chain Planning Software 98

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

Precoro

FEBRUARY 9, 2024

Zug Campus - Source: ISZL website Initial purchasing process at ISZL Before last year, when faculty and staff at the International School of Zug and Luzern wanted to buy something, they could briefly discuss it with the principal or other budget holders and then order what was needed instead of going through a formal process.

Purchasing Skills 52

Purchasing Skills Pricing Training Purchasing Training Procurement Solutions 52

Elementum

FEBRUARY 7, 2024

It’s a strategic reimagining of business models and processes, powered by cloud computing, big data analytics, and AI, making businesses more adaptive, responsive, and customer-focused than ever before. The result?

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

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

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. That’s an extremely efficient way of reducing total logistics costs while providing optimal customer service.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

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

Vinculum

MARCH 15, 2022

Before the product reaches its final address, it undergoes several processes like warehouse managing, picking, and packing of the stuff, inventory management, shipping, and delivery in real-time. As per the Bureau of Labor Statistics survey report, people established about 1600 warehouses in the U.S from 2013 to 2017.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Modeling Software 52

Vinculum

DECEMBER 2, 2021

The offline market is reviving again, and the audience is trying to balance online and offline purchasing. As per the survey by SmallBizGenius, in-store purchasing makes 82% of the retail market and makes the owner Millennials. E&Y reports that the online market is in the pick, but the shopping base remains the offline market.

Expense Reduction 52

Expense Reduction Inventory Reduction Cost Reduction Strategies Eliminating Excel in Purchasing 52

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. Many of my clients talk about a customer-centric supply chain but rely on useless metrics from an annual survey or a net promoter score. The Sleep Number Story of Supply Chain Excellence.

Customer Service 300

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 300