Cathy Roberson

AUGUST 15, 2022

Many retailers are feeling inventory pains despite assuring analysts that they're quite pleased with their inventory levels. Mind you, some retailers may indeed be pleased with their inventory levels, but others may be trying to figure out where to store the excess inventory since so many warehouses are beyond full.

Inventory Reduction 52

Inventory Reduction Resource Reduction Inventory Cost Reduction Strategies 52

Supply Chain Game Changer

DECEMBER 17, 2020

What’s the Difference Between Freight Management and Logistics Management? Freight Management services article and permission to publish here provided by Saheer Gurjot. According to Steele’s Transportation Group , freight management services help companies more efficiently move freight from one point to an end destination.

Logistics Network Optimization Software 78

Logistics Network Optimization Software Freight Expense Reduction Cost Reduction Strategies 78

The Logistics of Logistics

NOVEMBER 15, 2021

Robert Cadena is the Co-Founder and CEO of Lean Solutions Group , which provides operational, marketing, sales, and technology services to the logistics and transportation industry. About Lean Solutions Group. Lean can deliver on this promise because they are the pioneers in helping U.S. Vendor Managed Inventory.

Logistics Network Optimization Software 130

Logistics Network Optimization Software 3PL Agile and Lean Supply Chain Supply Chain Planning Software 130

Logistics Bureau

MAY 24, 2021

Among the universal challenges that the COVID-19 pandemic has imposed upon the supply chain management profession is the question of inventory, specifically, “how much is enough?”. It wasn’t long ago that businesses were asking, “By how much can I reduce my levels of inventory?”. Let’s Start with Safety Stock.

Inventory Reduction 98

Inventory Reduction Inventory Supply Chain Planning Software Company 98

Zipline Logistics

JUNE 29, 2021

The freight market has been on the receiving end of several systemic shocks that continue to affect industry providers and shippers alike. And when you add in the current labor and commodity shortages along with an inflationary environment, it is apparent why freight rates have been steadily climbing.

Freight 91

Freight Trends Los Angeles Manufacturing Procurement 91

ThroughPut

JANUARY 18, 2024

For outbound supply chain operations, this trend focuses on lean outbound logistics by eliminating bottlenecks and assisting in futuristic supply chain planning for demand and capacity. As outlined in supply chain trends, the way forward for outbound logistics is to strive for lean operations.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Vendor Strategies Inventory Reduction Resource Reduction 52

GlobalTranz

FEBRUARY 2, 2015

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. ” Vendor Managed Inventory Model: A Quick Back Story. The Evolved Vendor Managed Inventory Model.

Vendor Strategies 120

Vendor Strategies Inventory Reduction Modeling Software Modeling 120

Logistics Viewpoints

OCTOBER 26, 2023

We are well into the era of real-time transportation visibility, where shippers and their partners can track freight in real-time across every mode of transport. But to verify the “in full” part, your real-time transportation solution needs to be connected to warehousing, inventory, fulfillment and order management.

Supply Chain Planning Software 199

Supply Chain Planning Software Real-time Visibility Supply Chain Design Software Supply Chain Planning 199

ThroughPut

JUNE 4, 2020

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. Inventory strategy.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

ThroughPut

JUNE 4, 2020

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. Inventory strategy.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

Logistics Viewpoints

OCTOBER 6, 2021

The economy is picking up after the severe contraction in labor, productivity, and inventory that occurred during the height of the pandemic. Inventory, Efficiency, and the Extended Supply Chain. Supply chains have become incredibly lean over the last couple decades. Source: Descartes Datamyne.

Supply Chain Disruption 213

Supply Chain Disruption Agile and Lean Supply Chain Supply and Demand Supply Chain 213

Zipline Logistics

JANUARY 4, 2022

For the second consecutive four-quarter period, the freight market faced continual capacity challenges as the global supply chain wrestled with the effects of the COVID-19 outbreak. Will these forces continue to play a part in the freight market in the coming year? Consumption Drives Freight Market Growth. percent in November.”

Freight 52

Freight Purchasing Skills Procurement Analytics Agile and Lean Supply Chain 52

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Inventory Management. Regardless of how efficient and effective, all supply chains carry inventory. The bullwhip effect refers to increasing swings in inventory in response to shifts in customer demand as one moves further up the supply chain. Freight Management. Contract Review.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

Ware2Go

JANUARY 7, 2022

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case inventory strategies. . In a November survey , 87% of merchants shared that they already were affected by increased freight costs. What is just-in-case procurement?

Just-in-Time 98

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 98

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

IDC also forecasts that by 2023, 30 percent of Asian enterprises will ship freight using a SaaS-enabled platform, resulting in improved efficiencies in load matching and reduced shipping costs. Dynamic routing has empowered logistics providers to consider plans B, C and D, offering alternative options of ocean and air freight cargo.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Software Modeling Software Forecasting Software 223

QAD

FEBRUARY 25, 2020

Lean Manufacturing is a business model and approach that emphasizes the elimination of non-value added activities while producing quality products on time and with greater efficiency. Lean strategies have played a key role for manufacturers over the years as a business strategy to drive competitive advantages.

Waste Reduction 145

Waste Reduction Cost Reduction Strategies Resource Reduction Inventory Reduction 145

Kinaxis

DECEMBER 18, 2014

2 Air freight without the fuel costs. 10 No inventory issues. The perfect Lean, JIT system ever. Here is the ‘Top 10 Reasons Why Santa Has the Best Supply Chain. #1 1 No ERP system, just a list. Now, he does do some risk assessment… using patented approved simulation. For example, what if Johnny is good this year? #2

Agile and Lean Supply Chain 275

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Planning Supply Chain 275

GlobalTranz

AUGUST 31, 2018

Using New Technology for Maximizing Warehouse Space Is the Solution New technologies and warehouse automation are poised to enable warehouse managers to increase inventory without necessarily increasing space. Robotics can also be used to move large inventory, taking advantage of vertical space without sacrificing worker safety.

Supply Chain Design Software 121

Supply Chain Design Software Warehousing Analytics Software Optimization Software 121

Supply Chain Matters

AUGUST 22, 2022

In this Supply Chain Matters industry specific commentary, we make the observation that retail industry sales and operations planning and demand support teams, given the current state of recent business financial performance, need to up their game in supply network inventory management agility and added responsiveness. .

Inventory Management Software 52

Inventory Management Software Agile and Lean Supply Chain Inventory Management Inventory Reduction 52

ThroughPut

NOVEMBER 8, 2021

For outbound supply chain operations, this trend focuses on lean outbound logistics by eliminating bottlenecks and assisting in futuristic supply chain planning for demand and capacity. . Increase management capacities, not just freight capacities. Lean outbound logistics are a function of visibility, forecasting, and planning.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Vendor Strategies Inventory Reduction Resource Reduction 52

Supply Chain Collaborator

JUNE 24, 2016

Companies like MacroPoint, FourKites and others offer the next generation of freight tracking capabilities, leveraging the latest mobile device tech and web-based apps to yield up-to-the-minute location information for over the road freight shippers, carriers and 3PLS.

Freight 60

Freight Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 60

American Global Logistics

AUGUST 22, 2023

Air freight has evolved dramatically, especially after the pandemic. Since then, air freight has adapted to various market demands and technological advancements. 2023 Air Freight Industry Analysis Air freight is a vital part of the global economy. The largest air freight carriers in the world are FedEx, UPS, and DHL.

Cargo 52

Cargo Sourcing Strategies Material Savings Logistics Network Optimization Software 52

EMERGE App

AUGUST 22, 2019

Not Another List of Inventory Management Techniques. I want to start by saying that this is not an exhaustive list of all the possible inventory management techniques available for all industries. What we will cover are practical inventory management techniques that: Our customers use; and. Downside of Inventory Mismanagement.

Inventory Management Software 66

Inventory Management Software Inventory Management Inventory Reduction Inventory 66

BR Williams Supply Chain Management

MAY 27, 2022

Cross-docking is a lean supply chain model that involves the immediate or faster transfer of finished goods directly from suppliers or manufacturers to customers or retailers with little to no handling or storage. Cost of goods sold (COGS) accounts for a significant portion of inventory expenses. What Is Cross-Docking?

Inventory Reduction 98

Inventory Reduction Cost Reduction Strategies Expense Reduction Modeling 98

Kanban Logistics

SEPTEMBER 20, 2023

Your 3PL can procure boxes, nuts, bolts, and other consumable parts and materials, store and manage that inventory, and invoice you only for the parts you need, when you need them. This is a lean manufacturing logistics strategy in which materials are kept off-site (e.g., Vendor-managed inventory (VMI). Third-party procurement.

Warehousing 52

Warehousing 3PL Logistics Network Optimization Software Manufacturing Procurement 52

CH Robinson Transportfolio

JANUARY 8, 2019

What is your air freight strategy for the year ahead? The surge in demand for air freight that took off in mid-2016 normalized in early 2018. It is likely that 2018 will end with a growth rate in the 4% range, down from 10% in 2017 (measured in freight tonne kilometers per IATA ). Explore air freight consolidation.

Trends 38

Trends Freight Inventory Reduction Cost Reduction Strategies 38

GlobalTranz

OCTOBER 21, 2015

This is the first post in an ongoing series on effective KPI management from third party logistics consultant, Chuck Intrieri, of The Lean Supply Chain. . For example: Inventory Record Accuracy has to be 98-100% accurate daily. One of the goals of the SLA/KPI should be Continuous Improvement or Kaizen (LEAN initiative).

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

The Logistics & Supply Chain Management Society

APRIL 26, 2022

The Freightos Baltic Index Global Container Freight Index shows the cost of shipping freight remains hugely elevated – more than double the price a year earlier. In fact, global freight rates have increased tenfold since the start of the pandemic. And this was before the Russian invasion of Ukraine began.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

MIT Supply Chain

MAY 1, 2014

This may be a great rule of thumb for life generally, but not necessarily for freight transportation. Is it more important to prevent disruptions from occurring by building robustness into a freight network (i.e. Transportation managers often lean towards prevention. Here’s the dilemma.

Optimal Sourcing 63

Optimal Sourcing Freight Expense Reduction Cost Reduction Strategies 63

CH Robinson Transportfolio

JANUARY 8, 2019

What is your air freight strategy for the year ahead? The surge in demand for air freight that took off in mid-2016 normalized in early 2018. It is likely that 2018 will end with a growth rate in the 4% range, down from 10% in 2017 (measured in freight tonne kilometers per IATA ). Explore air freight consolidation.

Trends 34

Trends Freight Inventory Reduction Cost Reduction Strategies 34

Ware2Go

JANUARY 7, 2022

In a November survey , 87% of merchants shared that they already were affected by increased freight costs. Further, 18% had re-routed freight or re-negotiated with carriers – and 12% absorbed the extra cost. Running a JIC strategy, companies risk tying up working capital in inventory, but the risk of stockouts is lower.

Just-in-Time 52

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 52

PINC

SEPTEMBER 25, 2020

Increased use of digitized freight networks. The pandemic has certainly accelerated the digitization strategies of all corporations,” Yearling says, adding that the event also accelerated the shift to online commerce and pushed the need to align inventory to demand. Digitized freight platforms. Increased use of technology.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Gartner 100

Cathy Roberson

MARCH 31, 2023

Retailers and brands are wringing out as much revenue as they can from costly inventories and returned merchandise. Throughout 2022 and into the holiday season, promotions were used to offload as much as possible of the front-end inventory to make way for new seasonal inventory.

Retail 52

Retail Modeling Logistics Network Optimization Software Modeling Software 52

BlueYonder

MAY 14, 2021

One of the factors in that evaluation would also be the freight costs you incurred for that container and any additional costs if you are expediting another shipment. If you were to check the freight invoice, you probably paid four times the cost of the container as compared to last year! Peaking Rates. Chart Source: Freightwaves).

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Price Reduction Agile and Lean Supply Chain 52

Supply Chain Game Changer

APRIL 21, 2020

A “Don’t Touch” Strategy will Dramatically Lean out your Supply Chain! As we articulated in our article A Don’t Touch Strategy Will Dramatically Lean Out Your Supply Chain! Freight management has further prospects with autonomous vehicles , including tractor trailers, and drones. Subscribe Here!

Waste Reduction 91

Waste Reduction Inventory Reduction Cost Reduction Strategies Material Savings 91

Supply Chain Opz

NOVEMBER 9, 2014

That said, implementing Lean concepts would undoubtedly be part of that strategy, for example, - Lean Warehousing : Many firms (both retailers and manufacturers) are now aggressively rolling out Lean in their warehouse operations. Keep it Simple : It’s important to not over complicate things. These are three examples: Rule 3.1:

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

Stord

FEBRUARY 4, 2019

Many retailers tried to move inventory to the United States earlier than normal to avoid impending tariffs, causing a massive influx of shipments. If you need to import more inventory on short notice, the ability to expand your warehouse footprint is vital. One obvious challenge was the added cost of importing many goods or products.

Optimal Sourcing 78

Optimal Sourcing Supply Chain Optimization Modeling Los Angeles 78