Remove Freight Remove Inventory Remove Manufacturing Remove Security

[e-Book] The Essential Guide to Inbound Freight Management

Cerasis

How Big Is the Problem Of Inbound Freight Management? Inbound freight management is receiving a lot of attention as businesses continue to look for ways to manage shipping costs. Depending on the industry and size of the company, a business can spend more than 40% of its annual freight budget on inbound shipping, according to the Aberdeen Group, a research firm in Boston. A more efficient inbound freight program can minimize delays, save money and even reduce confusion.

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.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

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.

31 Motivations for Reshoring Manufacturing & Updated Reshoring Stats

Cerasis

Many off-shore manufacturers have returned to the U.S., Those changes, along with high costs of transporting materials and finished goods to and from overseas locations, make the value of reshoring likely to become a compelling financial reality for many manufacturers. manufacturers hurried to produce off-shore, believing significant cost reductions and huge profits would follow. 70% of manufacturers indicate that volatile energy costs are a major concern.

Inventory Management Techniques That You Need to Know About

EMERGE App

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. Rather, it’s a carefully curated list of inventory management techniques that work for our wholesale and distribution customers around the world. What we will cover are practical inventory management techniques that: Our customers use; and.

What is the Hyperconnected Era & “The Internet Of Things” and What does it Have to Do with Manufacturing & Logistics?

Cerasis

Editor’s Note: This is our second post in a collaborative blog post series about mobility in manufacturing & logistics along with Catavolt, who helps manufacturing organizations drive operational excellence with mobile apps. We encourage our audience to visit The Catavolt Blog for more relevant posts about mobility in manufacturing for best practices, tips, and great industry insights. appeared first on Freight Logistics Company | Cerasis.

What is Web Based Inventory Management Software?

EMERGE App

You run a lean business model with minimal overheads and using web-based inventory management software plays a big part in this. Web encryption standards now ensure the security and privacy of data saved at remote servers. And you expect the same standard for inventory management software. What to Expect from Web-Based Inventory Management Software. At the very least you can expect inventory management software to take care of the usual suspects in your business: 1.

Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

In its simplest form, fourth-party logistics is a model in which manufacturers hand over the entirety of the organisation and oversight of their supply chain to a 4PL provider. the digitisation of manufacturing. Ambient and/or temperature-controlled storage of supplier freight.

6 Reasons Why Manufacturers are Embracing the Mobility in Manufacturing Movement

Cerasis

Mobile technology has been embraced by many industries, from healthcare to transportation , but manufacturing has been slow to recognize the benefits of the technology. Recent improvements to network security and affordable applications make mobile more accessible than ever before for the manufacturing industry. The following post is a continuation of our ongoing blog series talking about mobility, connectedness, and the internet of things as it applies to manufacturing.

Technology Fuels Freight Logistics: Jeff Tucker in Wall Street Journal

DAT Solutions

Jeff Tucker 's guest column in yesterday's Wall Street Journal pointed to the pivotal role of technology, including DAT Load Boards , in freight logistics today. Jeff also highlighted the contribution of freight brokers to the efficient movement of cargo. Jeff has been a leader in freight logistics since 1992; he is president and CEO of Tucker Company Worldwide and Chairman of the Transportation Intermediaries Association. domestic freight transportation and logistics.

The Toilet Paper Supply Chain!

Supply Chain Game Changer

Manufacturers make toilet paper based on those demand signals in a very predictive manner. The majority of toilet paper sold in North America is manufactured in North America. As it is the manufacture of toilet paper is a highly automated process with relatively few employees required to oversee such an operation anyways. There is also nothing particularly challenging or unique about the manufacture of toilet paper nor its Supply Chain. Subscribe Here! Email Address.

Intelleflex Announces Cellular, GPS-equipped RFID Reader & Cloud-based ZEST™ Data Services Platform

Supply Chain Network

To achieve full efficiency, the supply chain needs secure, accurate and timely data on the inventory status and condition of its products. The capture of iGPS’s producer/manufacturer and retail pallet-level product condition and location data will enable our customers to make informed decisions using that data in near real-time via the ZEST Data Services platform, and it will help iGPS further improve information sharing and decision-making across the supply chain.”.

Supply Chain Risk Management is a Cirque Du Soleil Calibre Act!

Supply Chain Game Changer

What if a hurricane destroyed our manufacturing building? Without raw materials, components, subassemblies, products or services a company will not be able to manufacture, distribute, sell and deliver to its customers. There are many factors which can lead to an inability to secure supply of the goods or services that you need to conduct your business. And Supply Chain manages the levels of inventory which can dramatically impact the deployment of cash. Subscribe Here!

How To Start Your Brewery On The Path To Success

Unleashed

Leveraging the best manufacturing Enterprise Resource Planning (ERP) software, maximising productive efficiency, and accessing management expertise early , are the strategies that will set the best apart. How many stock-outs, an event that caused inventory to be exhausted? Stock & Inventory Control. Unleashed lets you add these additional costs (such as freight and duty) for each purchase order during the receipting process.

Transportation Cost Drains

The Logistics of Logistics

Transportation Cost Drain #2 - Freight Rates. Freight rates are a direct line item cost and many companies have experienced rate increase in addition to surcharges. Freight terms are negotiable. What freight terms have been agreed too? Is your supplier taking advantage of your freight volume for better rates? Is you supplier making a profit on your freight by adding a fee? Is your company impacted by security or Homeland Security regulations?

[INFOGRAPHIC] Industry 4.0: Powered by the Internet of Things & Digital Manufacturing

Cerasis

At Cerasis, a core value of ours is continuous improvement for not only our company, our clients, and employees, but through our blog and content to those who are related to what we do (transportation management) in the fields of manufacturing, supply chain, logistics, distribution, and transportation. Gone are the days of tactical moves with freight. Freight shippers are now more efficient thanks to technology, such as transportation management systems.

How to Get a Job in the Supply Chain Sector

Logistics Bureau

Certified in Production and Inventory Management (CPIM) : The course covers ground such as knowledge of production and inventory management, internal operations, and customer relations. They also need to keep a check on inventory levels and identify obsolete stock.

Justifying Investments in Risk Avoidance

Supply Chain @ MIT

This is the classic Catch-22 dilemma faced by many corporate security managers when trying to justify further investments in steeling the supply chain against disruptions. On the other hand, costs incurred – including security outlays – are visible, and often become prime targets for the CFO’s cost-cutting knife. I gave the example of Sun Microsystems, which suffered a spate of freight thefts in Europe. Relief and resilience.

What If Your Supply Chain Had A Control Tower?

Freightos

Large operations – airports, armies and even mall security – all rely on one control room that aggregates data, converts it into insights and aids decisions. The idea of a supply chain control tower emerged in 1990’s, triggered by the need to view and control the movement of goods in factories, distribution centers and pipeline inventories. They estimate that their deployment resulted in an inventory saving of tens of millions of dollars.

Logistics Technology Trends: The Rise of the Machine

Freightos

The Internet of Things is the technology that drives fitness trackers, smart appliance and automated home security. Robotics for manufacturers is a great tool because it helps reduce costs and limit overhead. RFID technology helps companies keep tabs on their assets and inventory, reducing the number of goods that are lost or stolen during the manufacturing and shipping process, ensuring that more end up where they belong and less money is lost. Freight Insights

Trends 189

The Digital Transformation in Logistics: Technologies, Barriers and Predictions!

Supply Chain Game Changer

Operating on three levels — i.e., connected hardware, infrastructure which facilitates data exchange and processing and the software tier, — IoT blurs the line between the digital and physical , as virtually any object such as a delivery vehicle, picking cart or inventory items can potentially become trackable. Furthermore, IoT solutions enable businesses to assess demand based on historical data and automate inventory replenishment. Route & freight cost optimization.

From Triage to Transformation… Building Resiliency with Agile Supply Chains

LevaData

LevaData recently sat down (in a virtual, COVID-19-friendly manner) with a group of Chief Supply Chain Officers (CSCOs) from some of the worlds most renowned high-tech electronics and manufacturing companies.

From Triage to Transformation… Building Resiliency with Agile Supply Chains

LevaData

LevaData recently sat down (in a virtual, COVID-19-friendly manner) with a group of CSCOs from some of the worlds most renowned high-tech electronics and manufacturing companies.

Top 10 Global Supply Chain Risks

Supply Chain Game Changer

Inventory Turnover Breakthrough … Go Back To The Basics! Risks exist in land, air and ocean freight. Poor grasp of hazards in your supply chain will increase freight spend and diminish brand value. Extreme weather represents one of the most significant risks to ocean freight on the globe. Ensure system connectivity is on a secure network. Someone with malicious intent could bring down entire supply chain networks and force freight rates to skyrocket.

Transforming the GCC Chemical Industry with Supply Chain Integration – LogiSYM September 2020

The Logistics & Supply Chain Management Society

The GCC chemical industry is second largest manufacturing industry in value add, after refining. Overcoming these challenges, regional chemical manufacturers and suppliers are now forced to rethink and readjust their global supply chain model. Realising operational and cost efficiencies will reduced lead times, improved forecast accuracy and increased inventory turnover. Ocean Freight Visibility Spells new Opportunities for Supply Chains – LogiSYM September 2020.

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. A significant paradigm shift in procurement and inventory control is an emerging area of focus.

UAE 198

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

Supply Chain Game Changer

There are four basic components of the e-fulfillment process: ECommerce store and fulfillment center integration Receiving and inventory management Order fulfillment Returns processing. Receiving and Inventory Management. Then, those pallets get logged into inventory and placed on shelves, ready to fill your orders. When pallets sit on a loading dock, your products aren’t in inventory. Of course, no inventory means no sales. You don’t buy inventory.

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

Cerasis

By 2020, the value of B2B e-commerce will surpass $1 trillion, and manufacturers, distributors, retailers, reverse logistics managers, third-party freight brokers and logistics services providers are working to keep up with the trend. Unfortunately, failure to use a TMS contributes to higher freight spend by limiting shipping capacity and forcing shippers to continue with spot rates among carriers.

Capitalising on Supply Chain Digitisation with Robotic Process Automation – 10 Areas of Opportunities – LogiSYM August 2020

The Logistics & Supply Chain Management Society

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.

What’s the Difference Between Logistics and Distribution?

Supply Chain Game Changer

The logistics of physical items usually involves the integration of information flow, materials handling, production, packaging, inventory, transportation, warehousing and often security. Logistics management activities typically include inbound and outbound transportation management, fleet management, warehousing, materials handling, order fulfillment, logistics network design, inventory management, supply/demand planning, and management of third party logistics services providers.”

What is SCM and Why is it Important?

Oracle SCM

It refers to the systems, processes and software packages used by organizations to manage day-to-day operating activities such as, new product development , demand, supply and sales & operations planning , procurement , logistics , order management , manufacturing and asset maintenance. From fleet management to transportation intelligence, freight payments to carrier sourcing, Oracle can help you improve your logistics activities.

SCM 96

Spot Market Carriers Get Higher Rates Than Contract Fleets

DAT Solutions

I look at freight transportation statistics all day long, and I am astonished by the rapid growth of the past few months, especially in the truckload spot market. Anticipate Freight Rate Changes. Prices on the spot market change quickly, but with freight rate tools like DAT RateView , your business won't be caught off guard. Based on $45 billion in actual transactions, RateView is the most trusted freight rates resource in the trucking industry. Freight Rates

The Influence of IoT: How it’s Transforming Global Logistics

CH Robinson Transportfolio

Third parties, carriers, and drivers interact with the manufacturer, suppliers, DCs, retailers, and customers as products move. Companies can keep less inventory on hand and more in motion if their supply chain network can reflect accurate product locations and specifications. The app drives greater efficiency than ever before into supply chains and enhances security for the companies who use it to help reduce asset loss.

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

The Logistics & Supply Chain Management Society

They will access their control tower, on any secured handheld machine regardless of their location. As the fabric suppliers require the longest lead times, ZARA approves designs & initiates manufacturing after it gets feedback from its stores.

3PL Basics: An Introduction to 3rd Party Logistics with Roberto Cadena

The Logistics of Logistics

These firms facilitate the movement of parts and materials from suppliers to manufacturers and finished products from manufacturers to distributors and retailers. Vendor Managed Inventory. Inventory Management. Freight Payment / Claims Auditing.

Lean 90