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The end of just-in-time?

EFT

The story goes that when Eiji Toyoda, CEO of Toyota, visited American car manufacturers in the 1950s, he was not impressed. This was the start of the famous process of Just-In-Time (JIT) manufacturing, or lean manufacturing as it later became known. Toyoda cut down on excess inventory, with components and spares only ordered when needed and kept in low numbers within the factories. COVID-19 was that spanner in the works.

Will Trucking Challenges Transform JITS in North America?

QAD

As the trucking industry experiences rising industry change, just-in-time-sequence (JITS) supply chains are starting to feel the effects. In this article, we will take a closer look at these industry challenges and discuss the current and potential impacts on JITS. What is JITS (Just-In-Time-Sequence)? The advantage of a ‘pull’ system, over more traditional push based manufacturing, is that we only produce what is needed when it’s needed.

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Inventory Optimization 101 – Smart & Effective Inventory Management

ThroughPut

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. It includes the practice of having the right levels of inventory to meet your target service levels while keeping a minimum amount of capital locked for inventory.

Inventory Optimization 101 – Smart & Effective Inventory Management

ThroughPut

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. It includes the practice of having the right levels of inventory to meet your target service levels while keeping a minimum amount of capital locked for inventory.

The Benefits of Evolved Vendor Managed Inventory Model Led by Web-Based VMI

Cerasis

So why do we feature content related to Vendor Managed Inventory? In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Inventory is then put on pallets and shipped as freight. Distributors will inbound to a manufacturer the inventory needed and transportation management, especially inbound freight management, efficiency is paramount to an effective vendor managed inventory model.

5 ways ERP improves inventory visibility in your supply chain

OptiProERP

Inventory visibility is one of the critical aspects of any manufacturing business. It helps organizations understand how much inventory is available, at what location , and at any given point of time. To ensure inventory visibility, you should have access to view, manage, and update your inventory status from trusted software. What Improved Inventory Visibility does. Inventory ties up money. Increased efficiency and better use of time.

A Holistic Approach to Freight Savings with Mike Eberl

The Logistics of Logistics

I am the Founder and CEO of Customodal, based in Marshfield, WI, [01:59] Tell us about your background. What was your major in college? I grew up mostly in Madison, Wisconsin. I enrolled in the forestry program at the University of Wisconsin, but two years in I had an epiphany that I wanted to pursue business. I graduated with a major in finance, investment, and banking from the University of Wisconsin. [02:44] 02:44] What was your first job in logistics?

Supply Chain Costs: A Definitive Guide for Manufacturers

ThroughPut

Manufacturers usually define supply chain costs using the total cost of ownership. Most manufacturers aim at creating the most optimum supply chain for their organizations. However, at times they lack the complete information they need to reach that goal. The first step in calculating total supply chain costs is to create the right context and an accurate format that can consolidate all cost factors. Inventory costs. Inventory management-.

Supply Chain Costs: A Definitive Guide for Manufacturers

ThroughPut

Manufacturers usually define supply chain costs using the total cost of ownership. Most manufacturers aim at creating the most optimum supply chain for their organizations. However, at times they lack the complete information they need to reach that goal. The first step in calculating total supply chain costs is to create the right context and an accurate format that can consolidate all cost factors. Inventory costs. Inventory management-.

Supply Chain Costs: A Definitive Guide for Manufacturers

ThroughPut

Manufacturers usually define supply chain costs using the total cost of ownership. Most manufacturers aim at creating the most optimum supply chain for their organizations. However, at times they lack the complete information they need to reach that goal. The first step in calculating total supply chain costs is to create the right context and an accurate format that can consolidate all cost factors. Inventory costs. Inventory management-.

5 Causes of Inventory Waste That’s Costing Your Business and How to Avoid Them

Unleashed

Inventory waste can cost your business valuable time and resources. Inventory ties up capital and if you’re not managing it effectively it will quickly absorb important cash flow and worse, it can hide inefficiencies within your operations. It is crucial to optimise inventory control to help reduce your inventory waste. Just-in-time inventory lets you hold the minimum stock required to keep your business running. Inventory defects.

E-Commerce and TMS: The Role of Transportation Technology for Shippers to Kill It at E-Commerce

Cerasis

E-commerce is growing faster than ever, and more consumers are leveraging online platforms in making purchasing decisions. According to Supply Chain 24/7 , e-commerce is on track to become the dominating force in all sales. How Surface Mode Shippers Can Compete in E-Commerce Logistics.

10 Vital Supply Chain Lessons from the Coronavirus Pandemic!

Supply Chain Game Changer

Apart from the panic buying are there Supply Chain lessons that we should learn from the Coronavirus pandemic to improve the robustness of Supply Chains in the future? In early February, 2020, as awareness of the seriousness of the Coronavirus was increasing, we started seeing pockets of Supply Chain disruption. China was locking down hundreds of millions of people and closing manufacturing facilities. Automotive manufacturers are looking to manufacture ventilators.

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Surviving Disruptions – an opportunity for supply chains to thrive with people and technology – LogiSYM July 2020

The Logistics & Supply Chain Management Society

As an offspring of globalisation, supply chains are focused on optimisation – cost reduction, just-in-time deliveries and tight inventory-to-sales ratios. Disruptions in deliveries from exporting sources, have created a knock-on effect on the financials of suppliers, who now face delayed payments and cash flow pressures. A significant paradigm shift in procurement and inventory control is an emerging area of focus.

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More than storage: What warehouse services can a 3PL provide?

Kanban Logistics

What’s important to understand, however, is that many 3PLs are capable of a wide array of warehouse services in addition to the basics. In this article, we’ll look at some of these value-added services so you can find a 3PL with the capabilities that matter most to your business.

How Lean Warehousing Can Ease Your Carrier Capacity Pain

LeanCor

Just like the popularity of “Smokey and the Bandit”, the desire for today’s workforce to drive a truck has all but faded from our country’s periphery. As a result, it is increasingly difficult to secure capacity in today’s carrier market. Ask anyone in transportation management/logistics/supply chain and they will affirm this statement. In order to help our customers own their supply chains, there are other projects and processes that can be employed.

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Getting Smart With Logistics Big Data

Freightos

Here at Freightos, we’re big fans of making global logistics work better by bringing data online (and especially instant freight quotes!). In this guest post, Kevin Everson the Vice-President of Supply Chain Solutions at RMG Networks , investigates two examples of driving more supply chain value with logistics big data and data visualization. More advanced tools allowed business to transition and embrace a JIT (just in time) model where supply is driven by emerging demand.

What are the main 3PL Services?

The Logistics of Logistics

He just didn’t know which functions were actually considered logistics. We have the same problem in the 3PL business. These firms facilitate the movement of parts and materials from suppliers to manufacturers, and finished products from manufacturers to distributors and retailers. Among the services which they provide are transportation, warehousing, cross-docking, inventory management, packaging, and freight forwarding. Just-in-Time (JIT).

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Freightera’s New Redesign Takes Instant Online Freight Quotes to the Next Level

Freightera

Shippers can now get instant freight quotes without creating accounts. 7, 2017 – Just in time for the busy fall shipping season, the Canadian startup serving businesses with instant freight quotes and online bookings unveiled its break-through redesign. The new site for the first time offers quotes and booking on mobile devices. Freightera also opened the first lanes automating refrigerated less than truckload and full truckload freight.

Why This Holiday Season is Creating Winners and Losers in the Transportation Industry

The Network Effect

There is an excellent piece in today’s WSJ on how retailers’ changing inventory management strategies are affecting the fortunes logistics and transportation companies. The answer mainly lies in new real time inventory management programs that major retailers are implementing: A large piece of the disconnect between freight and small parcel stems from currently high inventory levels, which retailers think they can sell off online come December.

Reimagine Supply Chain of the Future – agile, resilient, and balanced – LogiSYM July 2020

The Logistics & Supply Chain Management Society

In order to imagine how the Supply Chain of the future will look like we need to consider and articulate what are the underlying philosophies, beliefs, and paradigms shifts will come into picture. In doing so we must let go conventional beliefs and think beyond the immediate hurdles, challenges, that leave people stuck and unable to think beyond the current reality of their jobs, their companies. Identify sourcing plant/s which can back-up each other in times of disruptions.

Understanding E-Commerce Fulfillment: Definition, Process, Resources!

Supply Chain Game Changer

Keys to Success in Warehouse Management/Order Fulfillment! Successful eCommerce businesses all have one thing in common: terrific eCommerce fulfillment. You might have the best product in the world. However, it is a crucial element of your success in online retail. In addition, shipping costs are a major factor in shopping cart abandonment. In the study, 54 percent of respondents say they halted an order due to the high price of fulfillment.

What are the main 3PL Services?

The Logistics of Logistics

He just didn’t know which functions were actually considered logistics. We have the same problem in the 3PL business. These firms facilitate the movement of parts and materials from suppliers to manufacturers, and finished products from manufacturers to distributors and retailers. Among the services which they provide are transportation, warehousing, cross-docking, inventory management, packaging, and freight forwarding. Just-in-Time (JIT).

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What are the main 3PL Services?

The Logistics of Logistics

He just didn’t know which functions were actually considered logistics. We have the same problem in the 3PL business. These firms facilitate the movement of parts and materials from suppliers to manufacturers, and finished products from manufacturers to distributors and retailers. Among the services which they provide are transportation, warehousing, cross-docking, inventory management, packaging, and freight forwarding. Just-in-Time (JIT).

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The Belt and Road Initiative: Rail Service between Europe and Asia

CH Robinson Transportfolio

Now is the time to utilize all modes of transportation in the most efficient way possible. Investment in rail infrastructure. As early as 2008, multinational companies began experiencing rising labor costs in China’s coastal provinces.

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Ways to think about the Supply Chain of the Future: Artificial Intelligence

Techgistics

And, it’s not just startups that are getting in the mix, it’s established global players like Amazon, Walmart, IBM, Alibaba, DHL, UPS, Merck, WiseTech Global, XPO Logistics and many more that are driving new technologies forward. Smartphones put a computer in everyone’s pocket or purse.

Top 15 Logistics Blog Posts of 2014

Cerasis

We continue our top blog posts of 2014 from our main categories today by focusing on something at Cerasis we are experts in : Logistics. We’ve already listed the top 10 manufacturing blog posts and the top 10 supply chain blog posts last week. Logistics encompasses certain subsets of practices within the supply chain, such as just in time logistics, mission critical logistics, and more. What are your favorite topics in logistics right now?

TMS Delivers on NASSTRAC’s Five Common Sense Suggestions for Shippers

Supply Chain Collaborator

Unsurprisingly, these suggestions aligned perfectly with the technology solutions already in production from top TMS software solutions. In order to get to the next level of savings, efficiency and competitive advantage, shippers must embrace emerging technologies. Leading TMS solution providers are already developing and delivering next-gen tech to their customers in pursuit of the goals enunciated in the list of 5 common sense suggestions offered by NASSTRAC.

How Europe is Coping with Supply Chain Disruption

Jaggaer

Just-in-time delivery of finished goods and components has been put under tremendous strain. In the retail sector, supermarkets in many countries have seen their highest weekly sales ever, as consumers stock up on goods that they fear may be in short supply.

Top Logistics Terms to Know—A Supply Chain Glossary

Zipline Logistics

We will define some of the most prevalent in transportation for those of you who have ever found yourself confused by the terminology. 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. Agile — The concept of having a flexible supply chain that allows for quick order fulfillment with short lead times and varying volume.

4 Benefits Shippers Realize when Transportation EDI is Utilized in a TMS

Cerasis

As a shipper in today’s growing market, there are many advantages to shifting to the use of transportation EDI with your transportation providers or 3PLs. If you are unfamiliar with the concept of EDI, read our first post in this series on what is EDI in transportation and how it works , but as a quick recap, essentially, EDI takes human interaction out of the equation completely, and lets technology take over. EDI isn’t a new technology in and of itself.

Kearney reports post-COVID supply chains are battered but not broken

EFT

Before the COVID-19 pandemic struck, supply chains were lauded for their ultra-efficient, single-source and just-in-time capabilities. However, companies that manufacture goods and services will have to value resilience in new ways and it will transform the way companies think about supply chains. A key finding highlighted in the report is that COVID-19 has been more economically damaging than a standard recession or an escalation of trade tensions.

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Are You Ready to Leverage Parcel to Support Your Transportation Goals?

Talking Logistics

There is no question that Amazon has been blazing the trail in this sector with everybody keenly watching their moves and market experts claiming to predict the next big thing in digital commerce. Retailers, manufacturers and logistics service providers are still trying to figure out the best way to incorporate parcel freight optimization and execution into their enterprise transportation management operations.

Reversing globalisation: Near shoring, reshoring or staying put?

EFT

We have been living through remarkable times when it comes to manufacturing, technology and trade. Virtually every single item we consume has been shaped through transformative tradewinds that have opened up new markets, both in terms of consumers for export but also labour forces for production. Perhaps the best way to tell the story of trade and manufacturing and where it might lead is through the economic evolution of China. So why should it be different this time?

Why investors are looking at supply chain technologies in 2020

Requis

Since the coronavirus pandemic took hold earlier in 2020, supply chain has become a household word. Insiders joke (quite fairly, as it turns out) about billion-dollar procurement-management-disposition cycles that are managed in spreadsheets. Anderson, who easily has the most extensive background in supply chain and supply chain investments, takes the recent uptick in buzz about supply chain in stride. It can’t be that way in the future,” says Anderson. “We