NC State SCRC

MARCH 25, 2021

By now many of you have heard about the “Ever Given”, which has been stuck in the Suez Canal since Tuesday, and is blocking all container ships trying to get through with their cargo. For many years, as we moved to low cost countries, the shipping industry benefited. It may take weeks, by some estimates.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Cargo Waste Reduction Material Savings 52

DynaSys

SEPTEMBER 22, 2021

You’ve just been chewed out by the Head of Accounts because she was forced to ship an order to a major customer two weeks late…and it’s your fault. And this is only one metric where you could be doing a lot better. You’re also dealing with excessive inventory for some items while facing stock outs for others. Congratulations!

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Demand Planning Software Optimization Software 52

Intelligent Audit

OCTOBER 27, 2022

One solution is to turn to big shipping data. Analytics is an inherently scientific exercise, requiring a certain degree of training and expertise. Inventory Predictions. Big data enables shippers to determine what and how much inventory they need to avoid stockouts or over-ordering. Gain Clarity into Shipping Data.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

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. Fed by real-time data, AI-enabled decision engines automatically weigh the cost and service trade-offs of each option. Transportation management.

Supply Chain Planning Software 82

Supply Chain Planning Software Supply Chain Software Supply Chain Optimization Supply Chain Planning 82

Supply Chain Game Changer

MAY 5, 2020

For those businesses that continue to operate many are just hobbling along, only able to provided limited services and ship a smaller number of goods through e-commerce channels only. If you are looking to improve dozens of processes and metrics you will get stuck in the weeds. Inventory levels should also be reduced.

Expense Reduction 85

Expense Reduction Material Savings Inventory Reduction Price Reduction 85

Logility

APRIL 15, 2020

Without good demand planning, companies face the situation of unhappy customers, late shipments, cancelled orders, excess inventory, longer lead times, expedited shipping costs, and a host of other potential issues. For many companies, the annual forecasting cycle can be a huge exercise that carries a lot of time, resource and risk.

Forecasting 248

Forecasting Forecasting Software Predictive Analytics Software Demand Planning Software 248

Logistics Bureau

JULY 18, 2018

They may recall inventory from retailers or reprocess it because it has passed its sell-by date or demand is insufficient. From a shipping standpoint, reverse logistics works well when the product being returned is routed directly to the correct location. Take the hurdles like who pays for the shipping out of the equation.

Reverse Logistics 40

Reverse Logistics Logistics Network Optimization Software Logistics Vendor Strategies 40

6 River Systems

OCTOBER 19, 2020

According to research conducted by BigCommerce , the top three factors that influence consumers’ online purchasing decisions are convenience, cost and free shipping. One of the best ways to reduce shipping costs and ensure fast delivery is by optimizing warehouse logistics. What is warehouse logistics?

Warehousing 98

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

Logistics Bureau

SEPTEMBER 3, 2017

For example, two ocean carriers can join forces to share ship capacity. After the Ford Motor Company switched to a global material manufacturing system, it gave its suppliers access to the system for real-time information on stocks and shipping, with coordination by a 3PL of deliveries to achieve full truckloads of parts.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Logistics Manufacturing Procurement 3PL 40

Logistics Bureau

SEPTEMBER 3, 2017

For example, two ocean carriers can join forces to share ship capacity. After the Ford Motor Company switched to a global material manufacturing system, it gave its suppliers access to the system for real-time information on stocks and shipping, with coordination by a 3PL of deliveries to achieve full truckloads of parts.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Logistics Manufacturing Procurement 3PL 40

Unleashed

FEBRUARY 28, 2021

Cloud-based systems offer a cost-effective way to manage and monitor suppliers, inventory and more. Unleashed Software and accounting software firm Xero have a plug-and-play integration that allows you to manage the entirety of a business’s inventory and accounting processes. Cloud-based software. A mobile sales app.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Analytics Software 98

BlueYonder

OCTOBER 13, 2022

It’s also hardly a revelation that retailers have responded by rethinking their strategies around inventory management and fulfillment options. CPG brands are well known for their ability to gather insight around these kinds of metrics, as well as information pertaining to competitors jockeying for the same wallet share.

Sourcing Strategies 74

Sourcing Strategies Modeling Software Supply Chain Planning Software Supply Chain Design Software 74

Unleashed

NOVEMBER 20, 2023

So we implemented an inventory management system for them. That reduces the amount of inventory space, handling, and logistics on individual small orders.” When it comes to setting the right priorities, Alex says: “Inventory is best where it’s most likely to get to the customer at the right time in the quickest time possible.

Manufacturing Procurement 52

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

Supply Chain Game Changer

JANUARY 12, 2021

Preventive and Protective Steps. Someone who is really motivated to commit fraud or a scam will go to tremendous lengths to commit that crime. It is incumbent upon Supply Chain professionals to take proactive steps to mitigate if not eliminate any opportunity for these criminals to succeed in their endeavours.

Supply Chain Design Software 57

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Strategy 57

6 River Systems

JUNE 29, 2020

Importantly, flexible supply chains cut costs and improve cash flow, in part through a 10% to 40% increase in inventory turns. Establishing protocols, metrics, organizational owners, and related processes can empower organizations to respond more effectively when faced with a crisis.” ” — Michael Varney and Wil G.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

Logistics Bureau

DECEMBER 19, 2022

A detailed exploration of slotting methodology will come later in this article, but it’s worth mentioning now that slotting should focus on inventory ergonomics (for want of a better expression). It also stands to reason that when you undertake a slotting exercise, you should think about it from the perspective of these activities.

Warehousing 76

Warehousing Inventory Reduction Cost Reduction Strategies Resource Reduction 76

Logistics Bureau

OCTOBER 31, 2016

It’s not unusual for example, for companies to measure their supply chain performance only on the basis of financial metrics like supply chain cost per order. If your company doesn’t get this part right, you can experience high labour costs, inventory shrinkage, damage, and supply chain bottlenecks that impact customer service.

Supply Chain Design Software 40

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Supply Chain Strategy 40

ShipBob

MAY 1, 2020

Limit inventory and storage costs. Finding storage space to accommodate new ecommerce inventory takes time and money. Having an ecommerce niche means you can spend less on storing and managing inventory because you’re only selling specific products rather than hundreds of SKUs (stock keeping unit). Optimize your pricing.

Inventory Reduction 59

Inventory Reduction Price Reduction Expense Reduction Cost Reduction Strategies 59