Unleashed

JANUARY 31, 2023

In-transit inventory is a frequently overlooked aspect of inventory management and accounting for product businesses. Let’s break down what it is, how to calculate its value, plus a few tricks for smarter management of in-transit goods. What is in-transit inventory? Who owns in-transit inventory?

Inventory Reduction 98

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QAD

FEBRUARY 20, 2024

The Causes of Stock Loss Sources of stock loss can include: Incorrect part movement Scrap with parts being dropped and damaged Shipping inaccuracy from warehouses and suppliers Manual mistakes in the processes Supplier performance Inaccurate forecasting Split shipments can also cause issues. Many avoidable examples are process related.

Manufacturing Procurement 96

Manufacturing Procurement How To Material Savings Supply Chain Design Software 96

Logistics Bureau

MAY 8, 2023

Is your company one of the many that take a minimalist approach to freight management? Yes… I did say minimalist, not lean. When I say minimalist, I’m talking about the many companies which, while reliant on freight to keep supplies coming in and products going out, don’t see freight management as a core competency.

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Freight Resource Reduction 52

ShipBob

FEBRUARY 12, 2024

At a time when cross-border commerce and shipping are booming, using multiple means of transport can complicate your operations and require the implementation of sophisticated shipping processes. That’s why many businesses outsource shipping to third-party logistics ( 3PL ) providers like ShipBob.

Rail Software 52

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SYSPRO Smarter ERP

NOVEMBER 30, 2021

labor, materials and warehousing, to IT, freight and safety. Forced to implement protective measures through the pandemic, some companies increased overhead by stock piling inventory which negatively affects both cash flow and profits. Manufacturers can use forecasting to support inventory optimization. Managing Inventory.

Forecasting 105

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ShipBob

APRIL 15, 2024

That means you must see a sufficient return on your inventory investment. In other words, you need to make more money selling your inventory than you spent to acquire, store, and fulfill orders with it. In this post, we’ll cover what GMROI is and why it’s important for your retail inventory management.

Inventory Reduction 52

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 52

Logistics Viewpoints

MAY 25, 2021

The global supply chain is routinely beset by challenges, both large and small, but the past couple of years have delivered a string of significant logistics disruptions that have threatened to upend the tightly choreographed dance of global freight transportation. That’s starting to change. More and more large U.S. In the U.S.,

Supply Chain Planning Software 321

Supply Chain Planning Software Sustainability Supply Chain Software Inventory Reduction 321

Ware2Go

OCTOBER 21, 2021

Customer expectations for shipping are higher than ever. Learn how to meet expectations without sacrificing bottom line revenue with these 8 simple tips. Why Shipping Costs Matter. Led by Amazon, the largest ecommerce companies have reset shoppers’ expectations for freight costs and delivery time.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Inventory Reduction Resource Reduction 52

Turvo

AUGUST 24, 2021

Getting a better shipping experience is easy with an optimized supply chain and a robust freight brokerage setup. Creating the perfect supply chain can be a challenge, but freight managers can do some simple yet practical things. Increase Use of Collaborative Logistics Technology and Platforms.

Optimization Software 98

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Ware2Go

DECEMBER 16, 2021

Supply chain disruptions like freight delays may continue well beyond this year’s peak holiday shopping season. Learn how to adapt and succeed in 2022 in spite of continued disruptions. Freight delays have affected consumers and merchants alike. Reports of ships drifting outside the port of L.A.,

Freight 99

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Supply Chain Game Changer

APRIL 29, 2020

Do You Have Hidden Freight Costs? Ocean freight article and permission to publish here provided by Katherine Barrios at xeneta.com. Freight forwarders and shippers/BCO s are on a constant quest to have a better understanding of their ocean freight costs and ultimately have larger margins. Email Address. Plan effectively.

Negotiating Skills 69

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Unleashed

JUNE 27, 2023

One wrong decision and freight costs can skyrocket, greatly impacting your profit margins. If you’re sending goods internationally, third-party freight forwarding services offer a frictionless solution. Here we explore what freight forwarders do, the benefits and risks of working with one, and how the freight forwarding process works.

Negotiating Skills 52

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Unleashed

JANUARY 16, 2024

It takes into account sales and production costs, along with any additional fees required to ship a product to the end consumer. Without it, you’ll struggle to achieve an accurate measure of how well your business is doing. Landed is the total cost of a product after it has been shipped to a customer. What is landed cost?

Cost Reduction Strategies 52

Cost Reduction Strategies Material Savings Price Reduction Inventory Reduction 52

GlobalTranz

MAY 24, 2016

Using less-than-truckload for medium-sized shipments is one of the great innovations in shipping. It produces results at a fraction of the cost of full truckload (FT) or small package shipping. The ideal TMS can maximize the efficiency of a warehouse and directly affect inventory management. Freight Consolidation.

Purchasing Training 137

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Unleashed

NOVEMBER 28, 2022

Inventory replenishment is reordering stock in the right quantities, at the right time. Too much inventory can increase costs, limit cash flow, and leave you with expired stock. In this inventory replenishment guide: What is inventory replenishment? Reducing overall freight costs. Preventing stock expiry.

Inventory Reduction 98

Inventory Reduction Material Savings Cost Reduction Strategies Resource Reduction 98

GlobalTranz

FEBRUARY 4, 2019

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. As omnichannel shopping becomes the standard for consumers, the use of freight data will excel.

Supply Chain Planning Software 120

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 120

Turvo

JULY 20, 2021

For most shipping managers today, the two most significant challenges involve addressing shipping exceptions and overcoming supply chain disruptions. Identifying, addressing, and overcoming exceptions within the shipping network chain is essential for maintaining effective handling and processing. But what does it mean? .

Shipping 97

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ShipBob

NOVEMBER 6, 2023

Table of Contents ** Minutes What is an inventory audit? When it comes to selling goods, ecommerce businesses may audit their inventory — whether it’s for tax purposes annually or to simply verify units on hand. Inventory audits can be done in-house or by a third party and represent one point in time. What is an inventory audit?

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

Resilinc

DECEMBER 21, 2023

Understand how the recent Red Sea ship attacks are impacting global supply chains and how to mitigate potential risks. Ships are avoiding Egypt’s Suez Canal, the shortest maritime route from Europe to Asia and one of the world’s most important waterways, which accounts for about 12% of the world’s shipping traffic.

Supply Chain Planning Software 61

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Unleashed

JULY 25, 2023

The inventory turnover ratio measures how often stock is sold and replaced over time. It’s a vital inventory accounting metric for monitoring sales and managing perishable goods – without it, your business will struggle to operate efficiently and could start losing money fast. What’s the difference?

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. This guide for manufacturers explains how it works and explores the most effective ways to manage inventory in manufacturing.

Inventory Management Software 52

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Intelligent Audit

MAY 26, 2022

In an industry that has become so essential and dominant, it would make sense to assume all carriers and truckers follow a shipping freight costs standard for bill payment. However, there is no all-encompassing standard; freight costs can vary significantly based on several factors. What Affects Shipping Freight Costs ?

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Freight Supply Chain Software 52

Cathy Roberson

SEPTEMBER 7, 2021

Despite supply chain costs increasing and available capacity almost a rarity, retailers are undertaking a variety of ways to make sure they receive their inventory in time for the ever-important holiday season. “We feel good about the composition of our inventory. It's been difficult to plan inventory flow with much precision.

Inventory Reduction 92

Inventory Reduction Inventory Sourcing Strategies Retail 92

Supply Chain Game Changer

FEBRUARY 19, 2020

Shipping Zones article originally published by, and permission to publish here provide by Jake Rheude at redstagfulfillment.com. Carriers such as FedEx, UPS, and USPS use shipping zones to determine the shipping cost of a package. ECommerce businesses need to pay attention to shipping zones. Shipping Zone Definition.

Negotiating Skills 96

Negotiating Skills Price Reduction Cost Reduction Strategies Shipping 96

Ware2Go

APRIL 3, 2023

In this article, we’ll explore what multichannel fulfillment is, why it’s important, and how to choose the right fulfillment strategy for your business. This includes real-time inventory tracking , order status updates, and shipping notifications. What is Multichannel Fulfillment?

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Vendor Strategies How To 52

Ware2Go

APRIL 2, 2023

In this article, we’ll explore what multichannel fulfillment is, why it’s important, and how to choose the right fulfillment strategy for your business. This includes real-time inventory tracking , order status updates, and shipping notifications. What is Multichannel Fulfillment?

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Vendor Strategies How To 52

3GTMS

AUGUST 15, 2022

One way to do this is by leveraging 3PL freight software. It’s likely that if you need to move freight, you’re going to need a 3PL. Third-party logistics providers consolidate inventory, organize shipping documents, and manage the transportation of freight […].

3PL 130

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ShipBob

JULY 28, 2023

But, the fact of the matter is, if you’re transporting products overseas then you need to know how to properly fill out a shipping manifest. Understanding the ins and outs of shipping manifests, and getting them right the first time, can save you a lot of time and stress down the line. What is a shipping manifest?

Shipping 52

Shipping Cargo Material Savings Third Party Logistics 52

Supply Chain Game Changer

SEPTEMBER 23, 2021

Your customers may not get notifications for every stage of fulfillment, but they should be able to see the route their order takes once it ships. The parcel has been packed and prepped for shipping. How to handle a delivery exception and keep your customer happy. Tips for improving your eCommerce shipping.

How To 92

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GlobalTranz

NOVEMBER 26, 2018

Instead of trying to go with the flow, shippers that understand where LTL fuel surcharges are headed can take steps to reduce freight spend by effectively reducing fuel surcharges paid for unexpected delays or issues. How To Determine Freight Class: Density Calculator & Printable Resource. DOWNLOAD THE FREE RESOURCE HERE.

Cost Reduction Strategies 121

Cost Reduction Strategies Waste Reduction Shipping Price Reduction 121

Logistics Viewpoints

MAY 26, 2023

Target’s inventories at the end of the last quarter were 16 percent lower than the same period a year ago and Walmart cut inventories in its U.S. Inventories at U.S. And now on to this week’s logistics news. general merchandise stores expanded 1.2

Negotiating Skills 202

Negotiating Skills Pricing Training Jordan Purchasing Training 202

ShipBob

AUGUST 24, 2023

Moreover, there may be raw material shortages that will then result in supply chain bottlenecks as businesses are unable to procure inventory to keep up with demand. That means companies will need to appropriately adjust their production and procurement so as to avoid excess stock and piling up surplus inventory.

Supply Chain Planning Software 52

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Logistics Viewpoints

SEPTEMBER 16, 2021

Disruption has been the name of the game for more than a year as supply chain leaders have been dealing with changing buyer behaviors, inventory management challenges, labor shortages, weather and pandemic-related uncertainty, cyber security threats and capacity constraints that continue to create significant supply chain volatility.

Supply Chain Risk Management 216

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ShipBob

APRIL 18, 2024

In this article, we’ll uncover what the de minimis threshold means for ecommerce businesses, how to navigate it, and how ShipBob can help. This concept plays a crucial role in global shipping and customs, significantly impacting ecommerce businesses and consumers who purchase products internationally.

Price Reduction 98

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Unleashed

FEBRUARY 28, 2023

Here, we’ll talk about what receiving efficiency is, how to measure it using warehousing metrics, and cover a few different ways to optimise your inward goods process. Although receiving efficiency is itself a KPI, other metrics can also assist in measuring how optimally your business receives goods. What is receiving efficiency?

Inventory Management Software 52

Inventory Management Software How To Inventory Reduction Warehousing 52

Unleashed

SEPTEMBER 7, 2021

In this guide to barcodes in inventory management: In order to apply barcodes to inventory management, it is important to understand the basics of the barcode system. Hence, some companies will find corded barcode scanners to be all they need, where other companies require wireless scanners to support their online inventory management.

Inventory Management Software 96

Inventory Management Software Inventory Management Inventory Reduction Inventory 96

Zipline Logistics

JULY 27, 2021

As produce transportation winds down and the freight market loosens slightly for the first time in several months, CPG shippers have the opportunity to prepare for the quickly approaching peak season. Peak season in this context is defined by increased freight volume associated with back-to-school shopping and the coming holiday season.

Vendor Strategies 52

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