Logistics Viewpoints

FEBRUARY 8, 2022

As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. According to a recent article in Forbes , 48% of consumers today prefer a hybrid shopping model that combines online and in-store components.

Logistics Network Optimization Software 187

Logistics Network Optimization Software Optimal Sourcing Supply Chain Planning Software Modeling 187

NC State SCRC

MAY 30, 2022

The report was published in the last month, and reflects some of the increasing challenges and disparities that exist between procurement and supply chain executives. In this study, we explore the primary forms of misalignment that exist between supply chain and procurement executives. (We

Supply Chain Execution 98

Supply Chain Execution Procurement Analytics Procurement Solutions Optimal Sourcing 98

Talking Logistics

NOVEMBER 15, 2016

Freight Audit may not be the sexiest aspect of transportation management, but that doesn’t mean it doesn’t play a critical role in helping companies effectively manage and control their transportation spend, as well as provide valuable insight to drive continuous improvement.

Freight 0

Freight Analytics Software Procurement Analytics Sourcing Strategies 0

SCMDOJO

MARCH 27, 2024

Examples include a Calendar for scheduling or Reminders for task management. That could include AI-driven analytics, real-time tracking, and integration with loT devices. It encompasses a wide range of features from freight forwarding to brokerage. Hence, it offers an accessible and streamlined procurement solution.

Supply Chain Design Software 70

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Forecasting Software 70

Logistics Viewpoints

DECEMBER 8, 2022

When it comes to executing mode-specific freight moves from origin to destination efficiently, reliably, and cost-effectively, transportation execution and visibility solutions play a critical role. For example, when one company orders from a supplier in Asia to be delivered by a certain ocean carrier, the lead time is 24 days.

Rail Software 188

Rail Software Real-time Visibility Supply Chain Network Software Supply Chain Planning Software 188

Logistics Viewpoints

MAY 26, 2022

The pursuit of ever higher efficiency and speed have dominated transformation initiatives for more than forty years, driven in large part by the assumption that raw materials, commodities, warehouse space, transportation capacity and labor will be plentiful and immediately available at stable and often declining cost.

Logistics Network Optimization Software 263

Logistics Network Optimization Software Optimal Sourcing Supply Chain Design Software Modeling 263

SYSPRO Smarter ERP

NOVEMBER 3, 2021

can be measured to define this metric. Manufacturing Cycle Time : This metric is most accurately obtained using real-time monitoring with a Manufacturing Execution System (MES). Warehousing KPIs. They are used to measure how effectively the warehouse processes of receiving, replenishment, fulfilment and shipping perform.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

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. This report provides a snapshot of the U.S. This Year’s Report Themes and Key Messages.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

Logistics Bureau

SEPTEMBER 21, 2020

In logistics and supply chain management, however, transport and warehousing are the most significant sharing processes thanks to a welter of economic benefits for all parties—and the trend is accelerating despite the dampening effect of the COVID-19 pandemic. Example #2: Airtasker. Example #2: Airtasker.

Supply Chain Design Software 84

Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics Software Demand Planning Software 84

The Logistics & Supply Chain Management Society

JULY 16, 2023

An example of an advanced halal ecosystem is Modern Halal Valley in Banten, Indonesia. You cannot rely solely on a general management risk reports but also need to develop a specific view of risks, such as halal risks. Hence, there is a need for halal ecosystems to simplify halal for brand owners.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

BlueYonder

FEBRUARY 17, 2022

Focus on warehouse automation has come full circle since the last big automation movement of the ‘90s, but today with a significantly better set of tools and technological improvements enabling more robust digital transformation and warehouse automation. Brief highlights of logistics investments over the last three decades.

Supply Chain Planning Software 72

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 72

Locus Robotics

MARCH 9, 2023

Some fulfillment warehouses even use robots to pick and pack customer orders. AI and ML can be applied to inventory management, demand forecasting, freight route planning, and much more. RFID is best suited to tracking goods within relatively short distances, so its best uses are within a factory, warehouse, or distribution center.

Supply Chain Software 52

Supply Chain Software Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 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. Warehouse staff can stay on top of their replenishment orders to minimize gaps in the supply chain.

Predictive Analytics Software 59

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

ShipBob

NOVEMBER 6, 2023

Analytical procedures Doing analytical procedures during inventory audits involves comparing gross margins, inventory turnover ratio , and/or unit costs of inventory with previous years. This helps you understand trends so you can be better informed during inventory procurement and when you’re forecasting demand.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

Claritum

JUNE 13, 2019

Claritum Article - Procurement Blog. I took on the challenge of writing a condensed version of all the current Procurement challenges. I believe the issue with these articles is the broad range encompassed by the word Procurement and the constant change within this domain. Procurement Domain Name. Logistics / Freight.

Manufacturing Procurement 32

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 32

Unleashed

MARCH 31, 2021

Let’s take a look at the coffee supply chain as an example. In between those stages you have warehouses, distributors and shipping providers, who look after the movement and storage of the beans at each phase of their existence. A lean business looking to build efficiencies would do well to try and improve this metric.

Supply Chain Planning Software 69

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 69

GlobalTranz

FEBRUARY 25, 2021

For example, the reverse logistics process includes the management and the sale of surplus as well as returned equipment and machines from the hardware leasing business. Customers expect to return products in the same way they purchased them, so it is not always as simple as just returning to a store.

Reverse Logistics 210

Reverse Logistics Logistics Network Optimization Software Material Savings Logistics 210

Unleashed

DECEMBER 2, 2020

A carefully calculated reorder point is therefore critical to good stock control, and keeps your key metrics looking healthy for your next inventory report. Let’s talk about how you calculate the reorder point for your products (with some examples) and how you can use it in your business. Example 1: Becky’s bakery.

Procurement Analytics 85

Procurement Analytics Manufacturing Procurement Inventory Management Software Procurement Solutions 85

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

The Logistics of Logistics

OCTOBER 8, 2012

Chuck specializes in Supply Chain Optimization, Third Party Logistics (3PL) and International Purchasing and Importing Consulting. He is a guest speaker at the Purchasing Management Association and the University of Wisconsin-Madison. Intrieri Consulting in Orange County, CA. He is certified as a C.P.M.,CPIM, CPIM, and Value Engineer.

Third Party Logistics 145

Third Party Logistics Negotiating Skills Purchasing Skills KPI 145

The Logistics of Logistics

JANUARY 26, 2016

The warehouse is one of the most important links of the supply chain. It’s crucial to optimize warehouse management operations in order to compete with other businesses. The better you can quantify warehouse functions, the more you can increase output and improve the bottom line. Accuracy of Inventory Records.

Warehousing 100

Warehousing KPI Inventory Reduction Cost Reduction Strategies 100

Unleashed

FEBRUARY 21, 2024

If you’re selling products, your customers should feel confident that they can negotiate with you in the event their purchased goods arrive damaged, incorrect, or are no longer required. This may involve freight partners. Depending on the policy and reason for returning, some customers may expect you to pay the shipping costs.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Cost Reduction Strategies Material Savings 52

GlobalTranz

OCTOBER 21, 2016

Rebounding freight volumes and the proximity of the electronic logging device (ELD) mandate are set to change the industry in 2017, reports Sean Kilcarr of FleetOwner. The LTL freight industry outlook for 2017 would be incomplete without addressing warehousing difficulties.

Capacity 120

Capacity Purchasing Skills Material Savings Price Reduction 120

Supply Chain Opz

NOVEMBER 9, 2014

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. Eliminate Before You Automate : Automation is critical to large, efficient warehouse operations.

Waste Reduction 274

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

Supply Chain Game Changer

AUGUST 21, 2022

This finished product arrives at the retailer’s main distribution warehouse. It is then unitized or broken down from bulk packaging and shipped to the store or nearby warehouse. In order to measure the efficiency of your supply chain, companies must track certain metrics. Supply Chain 4.0

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

Enterra Insights

FEBRUARY 13, 2019

Machine learning is providing the needed algorithms, applications, and frameworks to bring greater predictive accuracy and value to enterprises’ data sets and contributing to diverse strategies succeeding.”[1] Machine learning can prove useful all along the supply chain from procurement to production to marketing to after sales support.

Optimal Sourcing 124

Optimal Sourcing Columbus Procurement Analytics Predictive Analytics 124

Supply Chain Matters

AUGUST 22, 2022

Last week’s quarterly financial performance reporting among major U.S. The retailer had reported a big earnings miss as higher inventories and supply chain related costs dragged down expected profitability. This week’s report of Target’s financial performance reflected that action, but operating margins actually declined to 1.2

Inventory Management Software 52

Inventory Management Software Agile and Lean Supply Chain Inventory Management Inventory Reduction 52

GlobalTranz

APRIL 5, 2016

Although 3PL Logistics Companies or 3PLs were around before the recession, companies realized the short-term savings of outsourcing logistics, transportation, and freight management to 3PLs quickly, and the age of the rise of the logistics provider was born. As a result, some specific services have emerged from the shadows. They get damaged.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Negotiating Skills 3PL Purchasing Skills 120

Unleashed

JANUARY 31, 2023

In B2C, it refers to products that are on their way from the merchant’s warehouse to the final customer. Freight-on-Board (FOB) Shipping In a FOB Shipping agreement, in-transit inventory is owned by the buyer as soon as the products are loaded onto the ship. Using our example above, that would look like: 0.21 X 30 = 6.3

Inventory Reduction 98

Inventory Reduction Inventory Inventory Management Software Supply Chain Planning Software 98

Ware2Go

APRIL 18, 2022

With 197 million shoppers per month and over 200 million Prime members, it knows all about consumers’ purchasing habits: what they buy, how often they buy, and where they live. If you look at the states where Amazon has the greatest square footage of warehouse space, you’ll start to see a pattern in the Amazon distribution network.

Network Optimization 59

Network Optimization Distribution Supply Chain Network Software Inventory Reduction 59

GlobalTranz

APRIL 7, 2017

Most transportation costs in a company arise from inbound logistics cost. If other words, the costs associated with transportation of items from vendors make up the biggest portion of will transportation costs, reports Amy Roach Partridge of Inbound Logistics. Delays and unforeseen circumstances do occur.

Vendor Strategies 139

Vendor Strategies Cost Reduction Strategies Inventory Reduction Resource Reduction 139

ShipBob

AUGUST 25, 2021

First-mile delivery refers to the process of transporting finished goods from a manufacturer or supplier’s facility to an online retailer’s warehouse or multiple distribution centers — the last destination before products are delivered to the end user. Some of these inefficiencies often start with improper purchase ordering.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Optimization Software Inventory Reduction 52

Unleashed

MARCH 23, 2021

Chances are, especially in this strange new economy, life is going to get fairly complicated as you need to adjust the supply of materials to meet changing demand , as well as account for all the other little details that come along with purchasing and utilising materials. For example, flour for bread, wood for furniture, hops for beer.

Material Savings 98

Material Savings Purchasing Skills Manufacturing Procurement Negotiating Skills 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

EMERGE App

MARCH 29, 2020

One of the main subparts of the of the retailing business is the transportation of the purchased goods from your supplier to your stores. This is the where the concept of the landed cost comes into play. Why Should I Care About Landed Costs? Importance of Landed Cost. Calculation of Total Landed Cost.

Purchasing Skills 98

Purchasing Skills Cost Reduction Strategies Price Reduction Expense Reduction 98

Supply Chain Game Changer

MARCH 23, 2021

Is Your Supply Chain A Cost Centre or a Value Creator? These jobs reach far and wide, touching virtually every business process, most metrics, and all functional areas. Warehouse Order Fulfillment. GET our EBOOK HERE. Supply Chain responsibilities are vast in any organization. New Supplier and Materials Set Up.

Supply Chain Planning Software 64

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Negotiating Skills 64

6 River Systems

OCTOBER 14, 2022

Warehousing. If they have many items, these will need to be selected from different zones of the warehouse and placed together in a shipping box. Other items that are heavy or bulky must be shipped via freight , and that requires access to a whole different network of specialists. It involves: Inventory management.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Material Savings 52