Logistics Viewpoints

SEPTEMBER 28, 2021

Raw materials are in short supply, many manufacturers have temporarily mothballed production lines, transportation costs are rising, and labor is getting tight on our roadways , railways and ocean vessels. If you’re Home Depot, you reserve an entire ship for your own exclusive use. The impact? So how do we adjust to this new reality?

Rail Software 188

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

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

are reporting that they are being inundated with requests from importers seeking to use provisions such as the “321 de minimis” rule, which allows goods worth less than $800 to be shipped to the U.S. Many companies buy forward inventory ahead of tariffs being implemented. For instance, law firms and consultants in the U.S.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

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. But optimization is much more than that!

Supply Chain Design Software 179

Supply Chain Design Software Supply Chain Design Supply Chain Software Modeling Software 179

Logistics Viewpoints

JULY 22, 2021

nodes), flows of the products between origin-destination pairs, and policies (inventory, replenishment, asset utilization etc) with no clear accountability on how the recommendations make their way into planning and execution. Strategic placement of inventory buffers to ensure sufficient ability to absorb shocks.

S&OP 244

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 244

Enterra Insights

JULY 25, 2022

And all of them expect to be connected to logistics providers transporting goods to and from various supply chain nodes. … Traditionally, inventory counts [have been] a complex exercise done manually about once a year but RFID technology enables retailers to monitor stock monthly bringing accuracy from 60% to over 90%.”

Internet of things 130

Internet of things Supply Chain Software Supply Chain Optimization Supply Chain Network Software 130

JDA software

FEBRUARY 11, 2019

its inventory management and where and how well it deploys inventory to optimize customer service levels and profitability. its transportation management and how well it continually procures, plans, executes and monitors freight. Inventory management. Transportation management.

Supply Chain Design 75

Supply Chain Design Optimal Sourcing Inventory Reduction Supply Chain Optimization 75

Supply Chain Matters

JANUARY 17, 2023

In Part Two of this blog series , we provided highlights our third prediction, that supply chain management teams will continue to exercise more direct control of direct materials sourcing, and these efforts will be a prominent element of business strategy for CSCO ’s and CPO ’s this year. Prediction Background.

Predictive Analytics Software 52

Predictive Analytics Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 52

Locus

JANUARY 10, 2024

We’ll look at four strategies to optimize shelf replenishment, reducing stockouts, improving inventory management, cutting waste, and boosting productivity. Exercising Cost Control: Lastly, shelf replenishment is all about managing costs efficiently. Pinpoint instances of stockouts and excess inventory.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Resource Reduction Waste Reduction 52

Cathy Roberson

AUGUST 1, 2022

This collaboration helps carriers plan capacity needs, temporary seasonal labor requirements, third-party transportation purchases, and more down to the zip code level. 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

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.

Continuous Improvement 120

Continuous Improvement Data Logistics Network Optimization Software Vendor Strategies 120

Supply Chain Matters

JULY 15, 2022

The company will henceforth outsource the manufacturing of its stationary exercise bikes and treadmills to a Taiwan based contract manufacturer. This has been especially the case over the last two plus years with the onset of the global-wide Covid-19 pandemic and with consequent and unprecedented supply and transportation network disruptions.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

Supply Chain Matters

JULY 25, 2022

Previous global materials sourcing and just-in-time driven inventory management policies were laid bear with the realization that supply risk was a more problematic and business critical dimension. Special emphasis would be placed on semiconductor, high tech electronic components, certain deemed essential raw materials or other components.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

SCMDOJO

MARCH 25, 2024

Pursuing a degree in these areas will equip you with the fundamental knowledge of supply chain principles, such as procurement, inventory management, logistics, and operations strategy. Master TMS Tools : Learn the ins and outs of transportation management systems to see how they optimize the shipping process, saving time and money.

Negotiating Skills 85

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

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

Talking Logistics

DECEMBER 16, 2015

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 ). more near-shoring and larger, less frequent shipments to minimize transportation costs). What will happen in 2016?

Predictive Analytics Software 120

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

Intelligent Audit

OCTOBER 27, 2022

One solution is to turn to big shipping data. To harness the power of big data analytics in transportation , companies also must integrate it with current systems. Analytics is an inherently scientific exercise, requiring a certain degree of training and expertise. Inventory Predictions. Behavior Analysis. Financial Data.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

ThroughPut

JULY 7, 2023

This exercise would also additionally aid in minimizing transportation costs, ultimately leading to a substantial impact on the bottom line. This further impacts inventory buffers and free cash flow. How Can You Optimize Your Product Mix Using ThroughPut?

Optimal Sourcing 52

Optimal Sourcing Optimization Software Supply Chain Optimization Expense Reduction 52

BlueYonder

FEBRUARY 11, 2019

its inventory management and where and how well it deploys inventory to optimize customer service levels and profitability. its transportation management and how well it continually procures, plans, executes and monitors freight. Inventory management. Transportation management.

Supply Chain Design 40

Supply Chain Design Optimal Sourcing Inventory Reduction Supply Chain Optimization 40

20Cube Logistics

MARCH 6, 2022

Fashion brands need to have adequate inventory in hand to serve the customers in a season. If we have to cite an example, the method of Garments-on-Hanger is an extremely useful technique that can be leveraged to transport goods from its point of origin to point of destination.

Logistics Network Optimization Software 75

Logistics Network Optimization Software Agile and Lean Supply Chain Analytics Software Demand Planning Software 75

Logistics Viewpoints

AUGUST 9, 2022

Just last year many were chartering their own cargo ships to get all these goods to their destinations.) While consumers may see some short-term benefit in the form of discounted goods, many retailers have had to reset investor expectations , reflecting the expected hit on margins from carrying so much inventory. All aboard.

Inventory Management Software 224

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 224

GlobalTranz

DECEMBER 1, 2015

this exercise helps retain mobility in the damaged joints". Manufacturers whose business models rely on rapid inventory turns, tight production schedules and thin margins are the leading early adopters of mobile technologies for logistics and supply chain coordination. But, what does mobility exactly mean? mōˈbilədē/. noun: mobility.

Manufacturing 120

Manufacturing Supply Chain Design Software Supply Chain Software Modeling Software 120

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

Intelligent Audit

SEPTEMBER 12, 2022

As fall quickly approaches, shippers are busy preparing for the stressors of the peak shipping season. For example, if a customer ships 175% of their baseline shipping volume for the Ground Residential service in a given week, they will be charged $2 for all packages that go above 105% in baseline volume. ”

Pharmaceutical 52

Pharmaceutical Negotiating Skills Purchasing Skills Logistics Network Optimization Software 52

Unleashed

FEBRUARY 1, 2023

This feeds into effective inventory management and supply chain planning , and ensures customers receive their goods in a way that is cost-effective, timely and satisfactory for their requirements. Efficient demand planning ensures the business can balance its supply chain requirements and inventory planning with its customer demands.

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 52

Supply Chain Game Changer

JUNE 16, 2021

This includes inventory management of raw materials and prerequisites for smooth transportation to meet demands on time and efficiently. If students can choose two or three different types of internships where different aspects like shipping, warehousing, delivery network, process automation etc.,

Supply Chain Software 71

Supply Chain Software Supply and Demand Supply Chain Education 71

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. Transportation management. In the transportation function, optimization engines similarly replan labor resources and reassign fleet assets.

Supply Chain Planning Software 82

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

Logistics Bureau

APRIL 3, 2023

Through collaboration with your procurement partner, you can reduce inventory levels and then potentially downsize your warehouse capacity needs. For instance, automated order processing can reduce order processing time, while predictive analytics can help forecast demand more accurately, reducing the risk of stock-outs or excess inventory.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

CH Robinson Transportfolio

OCTOBER 28, 2014

The most surprising thing to me about last year’s bad weather was how it caught transportation professionals off guard. They wanted to talk about why the transportation budget was so out of whack, but many transportation professionals were unprepared to explain it. Be sure the transportation providers you are using are flexible.

Negotiating Skills 69

Negotiating Skills Pricing Training Agile and Lean Supply Chain Supply Chain Planning 69

BlueYonder

NOVEMBER 23, 2020

As logistics practitioners, we have all “grown-up” with a set of accepted disciplines like forecasting, replenishment, allocation, storage, and shipping. and diet trackers, exercise diaries, and social media sites related to fitness. The world of supply chain is no different. with assumed connectivity and easy upgrades.

Logistics Network Optimization Software 62

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

Logistics Bureau

MARCH 30, 2020

Once this exercise is completed, your company can then assess the risk from tier-two suppliers onwards. Form a series of joint agreements to monitor lead times and inventory levels. Not only does this spread the risk, but transportation costs are lower. Localising your supply chain can significantly reduce transport costs.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Agile and Lean Supply Chain 52

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 Supply Chain Design Software Vendor Strategies 101

Unleashed

MAY 10, 2020

We’ll take a closer look at: Pull inventory systems. Pull inventory systems. A pull inventory system is a Lean approach to reducing waste in any production process. Just-in-time (JIT) is a lean management strategy that minimises the inventory held in order to reduce costs and increase efficiency. What is JIT?

Agile and Lean Supply Chain 72

Agile and Lean Supply Chain Waste Reduction Supply Chain Planning Software Supply Chain Design Software 72

EMERGE App

NOVEMBER 4, 2018

Department of Transportation. Here, landed cost includes the original price of the product, transport fees, customs, duties, taxes , insurance, currency conversion and handling fees. You could do it manually but why do it when smart inventory management systems , such as EMERGE App , can automatically calculate landed costs for you?

Purchasing Skills 49

Purchasing Skills Negotiate Pricing Negotiating Skills Manufacturing Procurement 49

EMERGE App

FEBRUARY 4, 2019

It’s best to think of cross-docking as the Just-In-Time of shipping. By contrast, traditional warehousing requires that wholesalers and distributors have goods on hand to ship to customers. Next, the goods sit in the warehouse until they are sold, packed and loaded onto transportation trucks. Consolidated Shipping.

Warehousing 40

Warehousing Supply Chain Planning Software Manufacturing Procurement Inventory Management Software 40

EMERGE App

NOVEMBER 4, 2018

Department of Transportation. Here, landed cost includes the original price of the product, transport fees, customs, duties, taxes , insurance, currency conversion and handling fees. You could do it manually but why do it when smart inventory management systems , such as EMERGE App , can automatically calculate landed costs for you?

Purchasing Skills 40

Purchasing Skills Negotiate Pricing Negotiating Skills Manufacturing Procurement 40

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 Ralph Lauren to Bring Management of Distribution Site In-House (WSJ- sub. I believe so.

Supply Chain Planning Software 100

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

CH Robinson Transportfolio

OCTOBER 2, 2015

The most surprising thing to me about last year’s bad weather was how it caught transportation professionals off guard. They wanted to talk about why the transportation budget was so out of whack, but many transportation professionals were unprepared to explain it. Be sure the transportation providers you are using are flexible.

Negotiating Skills 34

Negotiating Skills Agile and Lean Supply Chain Pricing Training Supply Chain Planning 34