SCMDOJO

APRIL 9, 2024

In the world of logistics, this means enhanced operational efficiency for inventory management, route optimization, safety and security of goods, and resource allocation. IoT delivers a data-driven decision-making process that enables logistics managers to make proactive decisions to minimize wasted resources and avoid delays.

Supply Chain Design Software 76

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Design 76

Unleashed

DECEMBER 6, 2021

With inventory management and other software features built for the wholesale environment, you’ll be able to work towards success in a number of ways: improved profit margins by holding a lean inventory, optimising inefficiencies to cut labour costs, better strategic decision making through data… the list goes on.

Inventory Management Software 98

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

ThroughPut

FEBRUARY 23, 2024

Leveraging AI for demand forecasting means: You can analyze any amount of historical data and current trends from external sources to predict future demands more accurately. You can reduce risks of lost opportunities or sales resulting from inventory shortages and low stock levels. The solution? AI for supplier relationship assessment.

Predictive Analytics Software 59

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

Supply Chain Game Changer

AUGUST 21, 2022

By understanding the customer’s needs, logistics managers can implement better route planning to reduce operational costs and improve fulfilment rates. In addition to product management, logistics also includes inventory management. Metrics help to prioritize activities and improve processes.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

ShipBob

FEBRUARY 26, 2024

It involves assessing how the overall supply chain performed, analyzing metrics, and how well you managed exceptions. The benefits of CPFR in supply chain management CPFR ensures improved efficiency and better inventory management , which subsequently benefits other aspects of your supply chain.

Forecasting 52

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 52

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. While it is technically possible to use Excel to manage your reorder points, it’s not good business practice and will quickly become a pain point. Keep great suppliers.

Procurement Analytics 85

Procurement Analytics Manufacturing Procurement Inventory Management Software Procurement Solutions 85

Turvo

JULY 27, 2021

Keeping this focus continues to be essential for the management of the supply chain. . A report based on a survey by Finances Online found that the most critical inventory management practices for companies were forecasting (61.3%), warehouse management (50%), logistics (46.8%), and back-end technology (32.3%).

Real-time Visibility 90

Real-time Visibility Supply Chain Software Supply Chain Network Software Analytics Software 90

Stord

APRIL 7, 2019

Rail freight volumes continued to fall at the end of March alongside service outages due to flooding in the Midwest. These two ports will continue to research the feasibility of lower emissions from freight and equipment going forward. Delta reported a dip in air cargo freight last month compared to March of 2018.

Warehousing 60

Warehousing Kansas City Los Angeles New York City 60

Supply Chain Shaman

MAY 13, 2015

I knew nothing about the world of logistics, inventory management and order optimization. Warehouse Management and Transportation Management were in their infancy. (I Much to my chagrin, when I entered into the world of supply chain, the processes of source, make and deliver were usually not designed.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Agile and Lean Supply Chain 150

ShipBob

APRIL 26, 2023

The upstream supply chain refers to the flow of inventory in the pre-production stage, mostly in relation to the organization’s suppliers. It involves all the activities related to the sourcing and transportation of raw materials needed in the manufacturing process.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Planning 52

GlobalTranz

DECEMBER 18, 2015

As we head into 2016, we are featuring our most read articles of 2015 in our five main categories: Manufacturing, Supply Chain, Logistics, Transportation Management, and Freight. We will take a break next week in the series, as this Marketing Manager is going on vacation. Read the full article here. .

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Software Supply Chain Optimization 120

Supply Chain Matters

OCTOBER 12, 2022

Indicated in the report summary was: “ The sustained growth in the logistics industry continues to be fueled by high levels of inventory and the associated levels of cost and utilization associated with holding them. By our lens, the most important metric to be watching are clearer signs of moderating supply chain induced cost inflation.

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

Unleashed

MARCH 23, 2021

This is where materials management comes in – and materials managers themselves. But what do materials managers do, and why are they important? What is materials management? Defining materials management. The main responsibility of a materials manager is to source the right goods at a reasonable price.

Material Savings 98

Material Savings Purchasing Skills Manufacturing Procurement Negotiating Skills 98

FourKites

DECEMBER 30, 2020

For the last couple months, we have been taking a close look at the far-reaching benefits of adopting a yard management system, and the challenges that such a platform addresses, including inventory management, operational costs, expensive overtime labor and eliminating arduous manual processes. Carrier behavior metrics.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Management Software Analytics Software Predictive Analytics Software 52

Unleashed

APRIL 15, 2020

The value of your inventory has likely changed thanks to the Covid-19 crisis, and you should consider revaluing it before you make any major business decisions. To help you understand the importance of tracking this metric we’ll illustrate several ways the value of your stock can change. What is inventory revaluation?

Inventory Reduction 89

Inventory Reduction Inventory Purchasing Skills Manufacturing Procurement 89

3rdwave

NOVEMBER 8, 2018

In today’s turbulent trading environment, strong global transportation management capabilities deliver exceptional benefits and value. In 2014, a Supply Chain Council survey found that managing global supply chain complexity was among the top 5 major issues. Global supply chains are highly complex…even the simple ones.

Supply Chain Design Software 79

Supply Chain Design Software Global Transportation Supply Chain Planning Software Optimization Software 79

Supply Chain Matters

JULY 7, 2023

According to the June report summary , the primary driver of the latest decline was the inventory metric, which reportedly contracted 6.5 Consequently, the warehousing capacity metric increased a reported 6.8 Both metrics contributed to the overall contraction in the LMI along with contracting price levels for transportation.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Inventory Reduction Negotiate Pricing 52

Supply Chain Game Changer

JANUARY 12, 2021

3 Most Common Freight Forwarding Scams (and How to Avoid Them)! One of our most popular articles is Freight Forwarding scams. Every couple of weeks I will get an email from someone, from anywhere in the world, who has been the victim of a freight forwarding scam, and is looking for help. Source: bestbusinesscircle.com.

Supply Chain Design Software 57

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

ShipBob

JULY 2, 2021

But with advanced, tech-enabled demand forecasting for supply chain management , online brands are able to forecast demand more accurately, optimize inventory levels efficiently, and replenish inventory accordingly. Inventory management software. But conducting inventory audits is time-consuming process.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Sourcing Strategies 98

GlobalTranz

JUNE 8, 2017

The cloud-based supply chain software can be customized to suit your industry, your transportation , freight-forwarding and warehousing specialty, import-export regulations. Managers can control the operation efficiently as the relevant information comes from different sources, timely and all the members have access to its current updates.

Logistics Network Optimization Software 200

Logistics Network Optimization Software Resource Reduction Cost Reduction Strategies Modeling Software 200

Unleashed

APRIL 12, 2023

Here are some more differences between B2B and B2C fulfillment: B2B orders cost more to ship, can take longer to reach their destination, and may require specialized handling equipment for loading onto dedicated freight transporters. Learn more: 12 Warehouse Metrics & KPIs You Should Be Tracking 3.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Management Software Supply Chain Design Software Supply Chain Software 52

Resilinc

MARCH 30, 2021

Key tasks in the Plan phase include developing a business case, creating service agreements with internal customers, defining metrics, and building a team and governance structure. The chart below shows five of the top sources of ROI from an SCRM, including event-related savings and ongoing sources of value. Team efficiencies.

Supply Chain Planning Software 62

Supply Chain Planning Software Scenario Planning Supply Chain Planning Material Savings 62

6 River Systems

JULY 29, 2020

Many metrics can be used to determine the top 3PL warehousing companies, such as company revenue, the number of warehouses, total warehouse square footage , etc. This compilation is based on the most currently available company revenue data (between 2018 and 2020) without factoring in any other metric. Kuehne + Nagel Inc.

Warehousing 111

Warehousing 3PL Company Third Party Logistics 111

ShipBob

SEPTEMBER 3, 2021

Supply chain forecasting technology is an essential if you want to better manage performance, optimize operations, and prepare for the unexpected. . For instance, by implementing real-time inventory management system, changes in inventory levels are automatically updated. Implement an inventory management system.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Inventory Management Software 97

USC Consulting Group

NOVEMBER 2, 2021

30 years ago the primary focus was on supply base optimization which sowed the seeds for single source supply bases. Things like expediting freight (which is a supply side response), or delaying order fulfillment (which is a demand side response). Alternatively, premium freight if you have a low margin product, can wipe out profits.

Supply Chain Disruption 52

Supply Chain Disruption Supply Chain Planning Software Optimal Sourcing Supply Chain Software 52

Logistics Bureau

SEPTEMBER 28, 2020

Industrial companies are increasingly discovering the benefits of handing over control of their logistics operations to a 4PL company, which not only provides logistics and transportation services but also takes charge of vital reporting, usually through a supply chain dashboard that tracks KPIs and metrics in a single display. 3PL Services.

Logistics Network Optimization Software 96

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Company 96

Unleashed

MAY 1, 2023

Protecting profit margins from ALC inflation ALC (Average Landed Cost) is a crucial metric in demand forecasting and inventory valuation. The main contributing factor to that was the cost of freight. The consolation with that was all our main competitors sourced products from the same region, so we were all in the same boat.”

Forecasting 96

Forecasting Supply and Demand Modeling Forecasting Software 96

Unleashed

FEBRUARY 28, 2021

While managed integrations with other app types – including CRMs such as Salesforce and Magento, eCommerce vendors like Amazon and Shopify, and POS systems like Vend – let users expand their stack to cover most core business needs. When freight charges vary, margin visibility can suffer. A mobile sales app. Manufacturing complexity.

Supply Chain Planning Software 98

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

Freight Plus

JULY 17, 2020

There was a huge impact on the global supply chain as far as air freight goes. Air freight became super premium and prices tripped because a lot of air freight travels in the belly of passenger air crafts and people were no longer flying. It really is important to look at your slow moving and potentially obsolete inventory.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Logistics 52

Freight Plus

JULY 17, 2020

There was a huge impact on the global supply chain as far as air freight goes. Air freight became super premium and prices tripped because a lot of air freight travels in the belly of passenger air crafts and people were no longer flying. It really is important to look at your slow moving and potentially obsolete inventory.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Logistics 52

Supply Chain Matters

JUNE 7, 2023

not only described as a “ significant rate of contraction ,” but also the first time that this particular metric has reached such a low level. Further, the report indicates that many consumer goods firms reportedly achieved the inventory wind down they strove for throughout 2022. percentage points to an all-time low value of 27.9,

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Logistics Material Savings 52

Intelligent Audit

NOVEMBER 5, 2021

Industry respondents said they don’t see an end to current freight conditions, and 2022 TL rates are expected to be up approximately 5.25% compared to this year.” Within the United States, freight transportation price increases get reported 30 days prior to going into effect. Track Cross-Industry Metrics.

Expense Reduction 52

Expense Reduction Cost Reduction Strategies Inventory Reduction Material Savings 52

Unleashed

APRIL 3, 2020

The value of your inventory has likely changed thanks to the Covid-19 crisis, and you should consider revaluing it before you make any major business decisions. To help you understand the importance of tracking this metric we’ll illustrate several ways the value of your stock can change. What is inventory revaluation?

Inventory Reduction 52

Inventory Reduction Inventory Purchasing Skills Cost Reduction Strategies 52

Zipline Logistics

JUNE 30, 2020

Accessibility — The ability of a carrier to provide service for a freight order. Accessorial Charges — Fees added to a freight bill for additional services that the carrier might provide. Air Freight — Transportation of products via air transportation methods. ATA — Actual time of arrival. ATD — Actual time of departure.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Strategy 52

ShipBob

DECEMBER 3, 2021

While this position goes by several other job titles (such as “Logistics Director”, “Head of Logistics”, and “Director of Supply Chain”), its basic purpose is always the same: to manage every step in the supply chain, including procurement , production, inventory management , fulfillment, and shipping.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Supply Chain Planning Software Optimal Sourcing 52

Talking Logistics

DECEMBER 4, 2017

Having more timely, accurate, and complete data — and converting it into actionable intelligence — will not only lead to cost reductions and increased asset utilization, but also improvements in customer service and satisfaction, the top metric cited by the respondents. Why the increased attention and demand?

Material Savings 0

Material Savings Supply Chain Planning Software Conference Supply Chain Software 0

Intelligent Audit

JANUARY 18, 2022

Actionable analytics and meaningful logistics intelligence are essential elements in freight. As a result, shippers can better manage their total transportation spending and make the best decisions for their organizations. Freight shipping costs are climbing. Vendor compliance must be a priority in supply chain management.

Analytics Software 52

Analytics Software Supply Chain Planning Software Supply Chain Design Software Procurement Analytics 52