Logistics Viewpoints

MAY 22, 2023

A company can choose to maintain a high level of costly inventory to ensure short lead times, and a family can decide to live farther away from work and school but buy a bigger house. Moreover, this exercise might need to be repeated several times depending on how the war proceeds. Can every customer get products from every warehouse?

Supply Chain Design Software 178

Supply Chain Design Software Supply Chain Design Supply Chain Software Modeling Software 178

Cathy Roberson

NOVEMBER 10, 2023

So, we're taking the necessary steps to position our portfolio for continued share growth, exiting the year with momentum for our brands and ensuring our inventory health is back to historical norms. We think that's a consequence of inventory levels generally normalizing and how many of our customers are approaching the holiday season.

Price Reduction 76

Price Reduction Inventory Reduction Reverse Logistics Retail 76

GlobalTranz

NOVEMBER 12, 2015

We continue our series on strategic shipping by going into detail of the 10 main areas that shippers can turn to in order to have a strategic logistics and transportation management mindset. 6 Benefits of Using the Right Data in Logistics & Transportation Management for Continuous Improvement. Order Processing Capabilities.

Continuous Improvement 120

Continuous Improvement Data Logistics Network Optimization Software Vendor Strategies 120

Supply Chain Opz

AUGUST 2, 2018

From the most basic to the most advanced organization, Inventory Optimization is a critical goal and one which underpins the effectiveness of the supply chain operation. Inventory Optimization requires an organization to sustain and maintain the right mix of cost versus service.

Optimal Sourcing 100

Optimal Sourcing Modeling Optimization Software Inventory Reduction 100

Talking Logistics

DECEMBER 16, 2015

Google did not acquire a third-party logistics (3PL) company or a logistics software vendor. And more companies are treating Supply Chain Design as a continuous business process instead of a standalone project or a once-a-year exercise (see Supply Chain Design: Growing Scope, Community, and Collaboration ).

Predictive Analytics Software 120

Predictive Analytics Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 120

Supply Chain Matters

FEBRUARY 23, 2023

Background Global wide transportation and logistics costs increased at unprecedented rates during 2021 and 2022. Our specific prediction was that manufacturers and retailers will exercise considerable pressure on carriers for re-negotiating existing transportation and logistics contracts. percent decline in global trade.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Price Reduction Cost Reduction Strategies 52

ModusLink Corporation

MARCH 9, 2022

Traditionally, inventory counts were a complex exercise done manually about once a year but RFDI technology enables retailers such as Macy’s to monitor stock monthly bringing accuracy from 60% to over 90%. NFC reader is a tool that can be integrated into the warehouse management picking verification system.

Internet of things 78

Internet of things Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 78

Operations and Supply Chain Management

FEBRUARY 28, 2024

Last year, I attended a three-day conference in Las Vegas conducted by the Reverse Logistics Association, a trade group whose members deal with product returns, unsold inventories and other capitalist jetsam. Most online shoppers assume that items they return go back into regular inventory, to be sold again at full price.

Reverse Logistics 75

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

Intelligent Audit

OCTOBER 27, 2022

Shippers can get a handle on their expenses by tracking freight invoices and improving their logistics strategy. . Far from a buzzword, big data analytics in logistics and supply chain management are helping companies gain insight into their current performance while optimizing future operations. Examples of Big Data in Logistics Uses.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

BlueYonder

NOVEMBER 23, 2020

As supply chain and logistics practitioners, our reality was already challenging. How do we make our logistics chains more resilient? As logistics practitioners, we must change our mindset to one that I like to call “unified logistics.” and diet trackers, exercise diaries, and social media sites related to fitness.

Logistics Network Optimization Software 62

Logistics Network Optimization Software Agile and Lean Supply Chain Supply Chain Planning Software Forecasting Software 62

Supply Chain Matters

AUGUST 15, 2022

The saga of fitness hardware and services provider Peloton Interactive took yet another turn last week with an announcement of the pending closing of the company’s owned North American warehouses and the shedding of field customer support teams, along with other moves. Inventory Glut of Bicycles. over the coming months.

Inventory Reduction 52

Inventory Reduction Customer Service Price Reduction Cost Reduction Strategies 52

Logistics Bureau

NOVEMBER 6, 2023

Recent studies have shown that among the challenges frustrating warehouse and distribution centre managers this year, rising energy and labour costs are two of the most often cited. We hope the tips and ideas in this article will help you make inroads into warehouse energy and labour cost reduction.

Cost Reduction Strategies 89

Cost Reduction Strategies Warehousing Waste Reduction Purchasing Skills 89

Logistics Bureau

APRIL 19, 2021

If you’ve never done a benchmarking exercise before, read on. If, for example, you are concerned about the pick rates in your warehouse, or your transport costs, or your inventory accuracy, benchmarking can help you because it can show you exactly where your performance is compared to others in your industry.

Benchmarking 98

Benchmarking Supply Chain Performance Supply Chain Exercises 98

SCMDOJO

MARCH 25, 2024

Gain a Solid Educational Foundation A solid educational background in supply chain management or a related field such as business, logistics, or operations management is crucial. Get Familiar with WMS : Explore warehouse management systems to understand how they enhance inventory tracking and improve order fulfillment.

Negotiating Skills 85

Negotiating Skills Supply Chain Software Supply Chain Network Software Analytics Software 85

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 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

Talking Logistics

FEBRUARY 22, 2016

The article goes on to say [emphasis mine]: The shift, part of what Ralph Lauren says is a long-planned action, will move warehousing and inventory management service from a North Carolina distribution center run by XPO Logistics Supply Chain Inc.—an an arm of XPO Logistics Inc.—into

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Negotiating Skills Negotiate Pricing 100

Enterra Insights

MARCH 18, 2021

In 2020,” Katsov explains, “managers of supply chains and inventories had to work through numerous shocks related to lockdowns, reopenings, shifts in consumer behavior and economic downturns. These developments have elevated the role of omnichannel inventory management and introduced additional challenges and complexities.”

Prescriptive Analytics Software 130

Prescriptive Analytics Software Supply Chain Software Analytics Software Predictive Analytics Software 130

BlueYonder

NOVEMBER 15, 2021

At that point, managers likely engage in narrowly focused manual replanning exercises that only consider the outcomes for their own function, instead of the entire supply chain. Warehouse and labor management. Fed by real-time data, AI-enabled decision engines automatically weigh the cost and service trade-offs of each option.

Supply Chain Planning Software 83

Supply Chain Planning Software Supply Chain Software Supply Chain Optimization Supply Chain Planning 83

PINC

JANUARY 22, 2020

Matt Yearling’s articles ranked on both Logistics Viewpoints’ and Talking Logistics’ most-read article lists for 2019. . For 2019, he holds the distinction of being one of the top-read authors for both Logistics Viewpoints and Talking Logistics. Talking Logistics). Logistics Viewpoints). No Problem.

Supply Chain Software 26

Supply Chain Software Logistics Network Optimization Software Agile and Lean Supply Chain Supply Chain Optimization 26

Logistics Bureau

DECEMBER 18, 2017

Good inventory management, like everything else, starts with good planning. But planning isn’t just the start; it’s the very foundation of effective inventory control. Inventory planning also happens to be an area that many companies fail to prioritise sufficiently. The Basics of Inventory Planning.

Supply Chain Planning Software 40

Supply Chain Planning Software Inventory Reduction Inventory Management Software Supply Chain Planning 40

Enterra Insights

NOVEMBER 6, 2018

which makes Internet-connected exercise bikes, but also for more traditional manufacturers such as the athletic footwear and apparel company Nike Inc.”[3]. Distributed Warehousing. ” By that, he means, you have to locate warehouses closer to customers. and Peloton Interactive Inc., ”[3].

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chain Strategy 100

SCMDOJO

AUGUST 21, 2023

With 15,900 followers, he has carved a niche for himself by using fitness-related analogies and exercises to explain complex supply chain concepts. Through their insightful approach in simplifying intricate logistics concepts, businesses gain heightened clarity in comprehending and implementing optimal supply chain strategies.

Negotiating Skills 97

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 97

6 River Systems

OCTOBER 19, 2020

Warehouse logistics is the heart of any supply chain operation, assimilating and dispatching goods to ensure availability and timely delivery. One of the best ways to reduce shipping costs and ensure fast delivery is by optimizing warehouse logistics. What is warehouse logistics? Where are they located?

Warehousing 98

Warehousing Logistics Network Optimization Software Inventory Reduction Supply Chain Planning Software 98

Consumer Goods Logistics

JUNE 27, 2019

Warehouse optimization modeling exercises examine the upside of being closer to customers versus the downside of carrying more inventory in more locations. Distribution network optimization has become a white-hot topic these days as “the Amazon effect” leads businesses to evaluate how quickly they can get products to customers.

Network Optimization Software 37

Network Optimization Software Modeling Software Modeling Optimization Modeling 37

Locus Robotics

NOVEMBER 7, 2023

By Mary Hart I know you’re in the thick of peak season at your warehouse now, or shortly will be with Black Friday approaching. But before you know it, this peak season will be over and it will be time to handle returns, clean up your warehouse and optimize warehouse operations, all while keeping your associates busy and engaged.

Warehousing 52

Warehousing Optimization Software Price Mitigation Strategies Analytics Software 52

Turvo

NOVEMBER 16, 2021

In such tricky times, exercising forward-thinking and planning shipments in advance can help businesses take advantage of the holiday season. The cost of stocking up warehouses with holiday season essentials such as artificial Christmas trees and other decorations has increased. . Stocking up on the inventory is the need of the hour.

Freight 85

Freight Supply Chain Planning Software Supply Chain Planning Shipping 85

Enterra Insights

APRIL 4, 2018

Also, the expanse and coverage of these technologies have multiplied, as enterprises continue to integrate with suppliers, co-packers, manufacturers, warehousing teams, and procurement service providers. ” Cognitive technologies can help those exercises as well as contribute to other areas of risk management.

Risk Management 100

Risk Management Supply Chain Design Software Supply Chain Planning Software Analytics Software 100

Cathy Roberson

AUGUST 1, 2022

Consumers couldn’t get enough of buying goods since the pandemic occurred in 2020, and shippers struggled to keep enough inventory on hand once pre-pandemic inventories were depleted. As a result, many retailers are sitting on excess inventory. As a result, many retailers are sitting on excess inventory.

Inventory Reduction 96

Inventory Reduction Forecasting Cost Reduction Strategies Forecasting Software 96

EMERGE App

FEBRUARY 4, 2019

It is a logistics process that brings products from a supplier or manufacturer directly to a customer or retailer with minimal handling and storage time. Cross Docking Versus Warehousing. By contrast, traditional warehousing requires that wholesalers and distributors have goods on hand to ship to customers. Reduced Costs.

Warehousing 40

Warehousing Supply Chain Planning Software Manufacturing Procurement Inventory Management Software 40

Logistics Viewpoints

AUGUST 9, 2022

For months, retailers have been stockpiling massive amounts of goods to meet surging consumer demand, and compensate for ongoing supply and logistics issues. Inventory management is challenging enough in normal times. So, what is it going to take to enable better inventory management? Complete visibility into inventory.

Inventory Management Software 223

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 223

Precoro

OCTOBER 24, 2022

Logistical activities like creating PRs and POs or issuing and matching receipts and invoices are at the core of procurement. Inventory Control. Warehouse management is key to determining the best time for placing a purchase order and avoiding unnecessary spending. In short, processes become quicker and simpler. Mobile Work.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Analytics Software Sourcing Strategies 98

Logistics Bureau

SEPTEMBER 4, 2023

Excessive costs can hide anywhere in your company’s service provision or supply chain functions, including manufacturing, logistics, distribution, and customer service. Supply/Inventory Management Inventory management problems and supplier relationship issues , too, can creep in over time and eat away at your profit margins.

Negotiating Skills 74

Negotiating Skills Purchasing Skills Cost Reduction Strategies Analysis 74

Zipline Logistics

SEPTEMBER 15, 2020

As retail inventories-to-sales bottomed out in June again due to a substantial increase in domestic consumption, stores began bringing more products into their networks to avoid the financial hit that out-of-stocks bring. According to IHS Markit, the combined inventories of wholesalers and retailers rose 0.5% in July,” says JOC.

Cost Reduction Strategies 52

Cost Reduction Strategies Optimal Sourcing Buyer Training Vendor Strategies 52

Enterra Insights

NOVEMBER 2, 2021

Supply chain management spans all movement and storage of raw materials, work-in-process inventory, and finished goods from point-of-origin to point-of-consumption.’ This could be a replacement for the old term of Production and Inventory Management since it is now included within the broad definition of SCM.”.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 130

Logistics Bureau

JANUARY 7, 2020

Pioneered the use of vendor-managed inventory. Implemented cross-docking in its supply network to enable inventory reductions. If your supply chain network design has not been under the microscope, and you care about business success, it’s probably time to consider the benefits of a design review and optimisation exercise.

Inventory Reduction 101

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

Logistics Bureau

AUGUST 2, 2021

On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance. By shortening supplier lead time, you might find opportunities to reduce safety stock levels and gain other inventory management wins for your organisation.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

Vinculum

APRIL 15, 2020

It can be beneficial for organizations to stay in touch with all of their suppliers and create joint agreements to check inventory levels and lead times. Estimate inventory. Businesses should keep track of all the inventory available in their supply chains, including spare items and remanufactured stock.

Supply Chain Planning Software 52

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