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

Forecasting Forecasting Software Inventory Management Software Supply Chain Planning Software 105

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

ToolsGroup

APRIL 12, 2019

Too many companies get locked into traditional processes and a familiar vicious cycle: unable to reliably forecast an increasing number of SKU combinations, they load up on inventory to accommodate long-tail, erratic demand. achieving the same overall customer service level objective with far less inventory expense. percent, etc.,

Supply Chain Planning Software 227

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 227

Unleashed

FEBRUARY 21, 2024

It covers every aspect of dealing with customer returns, including policy management, reverse logistics, customer service, returned goods inventory management , and developing strategies to reduce return rates. A good returns policy is crucial for ensuring a smooth customer experience. This may involve freight partners.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Cost Reduction Strategies Material Savings 52

Supply Chain Opz

MARCH 26, 2015

Inventory management is one of the most important tasks for supply chain management professionals. However, most inventory control theories are too complicated or too difficult to apply to real world situations. The reason is that most people now realize the value of planning practice like Sales and Operations Planning (S&OP).

Inventory Management Software 100

Inventory Management Software Inventory Management Inventory Reduction Forecasting 100

Logistics Bureau

JANUARY 11, 2022

Short Term fixes might focus more on policies, like customer service or inventory. Meanwhile, Medium Term might be more on things like sourcing, freight or logistics outsourcing. What will you focus on in 2022 to improve your Supply Chain? Or maybe analysing cost to serve.

Supply Chain 79

Supply Chain Logistics Network Optimization Software Optimal Sourcing Customer Service 79

Logistics Viewpoints

MARCH 2, 2023

Freight rates have plummeted, brokerages are struggling, and the industry is still bloated with excess inventory. And we’ve yet to experience all of the possible repercussions of the conclusion of China’s zero-COVID policy. Closer to home for supply chain professionals, driver shortages continue to plague the industry.

Waste Reduction 196

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 196

Logistics Viewpoints

JANUARY 11, 2023

Inventory Management in a High Inflation Environment ; Clint Reiser. Instead, they are likely to carry higher levels of inventory as a lower cost alternative to minimizing disruptions. Beware the Swinging Pendulum on Supply Chain Inventory Practices ; Polly-Mitchell Guthrie ( Kinaxis ). Steve Banker and Chris Cunnane.

Logistics Network Optimization Software 215

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 215

Resilinc

NOVEMBER 2, 2021

In the race to fill distribution centers and store shelves with inventory for the holidays, some of the world’s largest retailers and ecommerce sellers are jumping ahead of smaller competitors by chartering ships, shifting freight to air, re-rerouting inland shipments, and hiring more staff for distribution centers and other supply chain nodes.

Inventory Reduction 62

Inventory Reduction Retail Cost Reduction Strategies Resource Reduction 62

Supply Chain Game Changer

JULY 30, 2019

In business it is not uncommon to hear the words “Logistics Management” and “Freight Management” thrown around interchangeably. What is Freight Management? Freight management combines logistics experience, human resources and knowledge to ensure a smooth coordination between carriers and shippers.”

Negotiating Skills 72

Negotiating Skills Optimal Sourcing Freight Logistics Network Optimization Software 72

GlobalTranz

MAY 24, 2016

The ideal TMS can maximize the efficiency of a warehouse and directly affect inventory management. As a result, the amount of inventory can be managed to reflect the consumer demand. Freight Consolidation. The TMS builds a competitive advantage against shippers and organizations who have not implemented such policies.

Purchasing Training 137

Purchasing Training Negotiating Skills Supply Chain Design Software Forecasting Software 137

ShipBob

APRIL 18, 2024

De minimis values by region The de minimis threshold varies by country and region , reflecting differences in policy, economic considerations, and trade agreements. Moreover, ShipBob offers an end-to-end managed freight and inventory distribution program called FreightBob. How does de minimis value vary by country?

Price Reduction 98

Price Reduction Cost Reduction Strategies Inventory Reduction Purchasing Skills 98

GlobalTranz

FEBRUARY 23, 2022

Global challenges, including port congestion, fuel costs, governmental policies and the ongoing pandemic will be among the factors affecting over-the-road hauling across North America as we look forward through this year and beyond. When freight capacity is this tight, carriers are selective about who they do business with.

Trends 182

Trends Price Reduction Waste Reduction Inventory Reduction 182

Enterra Insights

APRIL 18, 2024

There, too, policy has shifted from reliance on the free market and private business towards greater government control.”[3] The Economist staff argues that the decision to glocalize should be left to individual companies rather than having them forced to make that decision by national trade policy. have decided to glocalize).

Global 130

Global Cost Reduction Strategies Expense Reduction Inventory Reduction 130

Logistics Viewpoints

OCTOBER 31, 2022

If a planner knows that the necessary components won’t arrive on time by ship, and that air freight must therefore be used to expedite the shipment, “it makes a huge difference on air freight rates if you need to have a ton on the airplane next week versus in 4 weeks.”. Lean cuts inventory out of the supply chain.

Agile and Lean Supply Chain 197

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Lean 197

Supply Chain Game Changer

MAY 20, 2020

Freight market article and permission to publish here provided by Kevin Jessop at cerasis.com. Meanwhile, the global air cargo volume has dropped significantly, explains Greg Knowler, JOC Senior Editor , “up to 5,000 tons of cargo in air freight from China to the U.S. The impacts are not just limited to air freight market changes.

Freight 56

Freight Cargo Reverse Logistics Supply Chain Planning 56

ToolsGroup

MARCH 17, 2020

Examples of this include expediting with LTL and air freight and costly in-network transfers from warehouse to warehouse–all of which erode profit margins. Usually disruptive events require redefinition and reconfiguring of the supply chain network in order to identify correct allocation of flows and inventory.

Supply Chain Planning Software 215

Supply Chain Planning Software Modeling Scenario Planning Supply Chain Planning 215

QAD

JULY 8, 2021

Poor inventory management and lack of full inventory visibility, including inventory held by next tier suppliers. When the supply chain guesses incorrectly at any level, parts shortages will inevitably lead to costly premium freight and potential production disruptions up the supply chain. via terms and conditions)?

Supply Chain Planning Software 89

Supply Chain Planning Software Forecasting Forecasting Software Manufacturing Procurement 89

SYSPRO Smarter ERP

MARCH 31, 2022

It’s premature to know at this stage what the full impact will be on our economies and supply chains, but we can expect more delays of supply of imported inventory, food, and component parts, due to reduced or rescheduled air and sea freight. Supply chain challenges. Responding to global disruptions.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Disruption Supply Chain Design Software Supply Chain Planning Software 105

Logility

OCTOBER 18, 2022

This means supply chain leaders have had to shift from using trains back to using ocean freight and getting goods to market takes longer. Rethink just-in-time inventory policies: There could be another pandemic or another war. Agility means having the ability to respond quickly and think outside the box when necessary.

Supply Chain Disruption 130

Supply Chain Disruption Predictive Analytics Software Predictive Analytics Agile and Lean Supply Chain 130

The Network Effect

JANUARY 11, 2016

In earlier posts, I talked about order aggregation , new inventory replenishment policies , why a network model makes so much sense , the all important ASN , and international shipping. Note: This is the last in a series of posts on new developments within the automobile supply chain, with examples of best practices.

Automotive 100

Automotive Supply Chain Planning Software Supply Chain Network Software Modeling Software 100

The Logistics of Logistics

APRIL 6, 2013

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?

Negotiating Skills 134

Negotiating Skills Purchasing Skills Cost Reduction Strategies Negotiate Pricing 134

The Logistics & Supply Chain Management Society

MARCH 16, 2021

The Covid-19 aftermath is so deeply engraved that in future, we can actually explain this phase as: BC “Before Covid-19” and AD “After Disease recovery” It has forced world leaders, policy makers, businesses to shift their focus to a survival mode for the most part of 2020. Manufacturing Planning.

Pharmaceutical 246

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

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Industries experienced severe operational and financial consequences with issues like supply shortages, supply and demand surges, inventory shortfalls and reduced productivity. It measures the amount of elapsed time from when an order is accepted to when the product is produced and entered into finished goods inventory. Outbound KPIs.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

ModusLink Corporation

FEBRUARY 8, 2023

Various compliance requirements, security protocols, and inventory systems need to remain compliant. The ever-changing global trade policies and tariffs also mandate continuous monitoring and tracking via analytics and regular reporting. There is a constant need to monitor the external environment for developments and policy changes.

Negotiating Skills 78

Negotiating Skills Material Savings 3PL Cost Reduction Strategies 78

American Global Logistics

DECEMBER 7, 2022

We had a hangover from the pandemic: Which led to continued inventory shortages, closures of manufacturing plants in China, congested ports, and underemployment. Now that’s changed to help alleviate disruptions caused by China’s policy of zero-tolerance for Covid. #2 That’s a significant change from a predominantly “hands-off” policy.

Russia 52

Russia Inventory Reduction Price Reduction Modeling 52

EazyStock

JUNE 22, 2020

Plus even moving goods has become more difficult, with 3PLs and delivery drivers overloaded and international freight backed up. An automated inventory optimization solution like EazyStock will be able to flag SKUs that are deviating from normal demand and send you an alert so you can add what you need to your inventory.

Industrial 52

Industrial Industry Supply Chain Planning Software Supply and Demand 52

CH Robinson Transportfolio

FEBRUARY 10, 2021

Until your freight has been involved in a vessel accident, you may not be aware of the process or overall impact to your supply chain. Although vessel accidents are unplanned and usually unpredictable, there are steps you can take before you ship so you’re not scrambling when you get the news your freight was involved in an accident.

Supply Chain Planning Software 68

Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software Logistics Network Optimization Software 68

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. AI-powered systems will enable precise predictions, route optimization, inventory management, tracking, and communication.

Supply Chain Design Software 76

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

Talking Logistics

AUGUST 4, 2017

Anyway, speaking of Amazon, it tops the list of the supply chain and logistics news that caught my attention this week: Amazon’s new refunds policy will ‘crush’ small businesses, outraged sellers say (CNBC). Uber Freight Expands Reach of Truck Load-Matching App (Trucking Info). Union cheers as trucks kept out of U.S.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Logistics Supply Chain Software Real-time Visibility 0

Supply Chain Matters

MAY 23, 2022

Our stated takeaway from for the Q1 data was that indices were no longer reflecting the optimism indicated in February, and instead that of growing headwinds and added geopolitical concerns related to effects of the Ukraine conflict and China’s potential economic stumble as a result of a strict COVID-19 isolation policy. s major retailers.

Supply Chain Optimization 59

Supply Chain Optimization Supply Chain Planning Software Supply Chain Software Supply Chain Strategy 59

CH Robinson Transportfolio

MAY 14, 2019

As I’ve been discussing the latest tariff changes with importers, a few recurring questions seem to be on most companies’ minds: Will our supply chain be more impacted by the policy changes affecting China-to-U.S. freight or U.S.-to-China to-China freight? domestic freight flows. Will we need to increase our U.S.

Supply Chain Planning 38

Supply Chain Planning Scenario Planning Supply Chain China 38

Freight Center

NOVEMBER 22, 2019

It’s almost impossible for businesses to guarantee accurate inventory levels when it comes to freight shipping for Black Friday. The Return Policy. Freight and parcel cargo shipped from Cyber Monday specials and deals can be seen shipped again towards the end of January when there’s a high volume of returns or exchanges.

Logistics Network Optimization Software 43

Logistics Network Optimization Software Material Savings Inventory Reduction Logistics 43

GlobalTranz

JANUARY 21, 2019

Meanwhile, inventory levels rose 3.6 Also, they noted store policies on boxes in some stores. Freight data use. Freight claims management practices. Spot rates rose 9 percent, but some were as high as 12 percent. Isolated instances of higher rates existed, and in the weeks leading up to Christmas, prices soared.

Trends 152

Trends Shipping Purchasing Skills Supply Chain Software 152

The Network Effect

NOVEMBER 14, 2014

Today I want to explore how automobile suppliers are improving their operations via inventory replenishment policies. Effective inventory replenishment policies in use today include the 830/862 converted to a delivery release, KanBan, Min/Max, and Sequencing.

Inventory Reduction 185

Inventory Reduction Policies Automotive Supply Chain Design Software 185

Talking Logistics

AUGUST 29, 2018

John noted that the complexity of supply chain operations is a key factor, especially now that more companies must deal with international shipments such as ocean freight. Each country has its own policies, geography issues, taxing structures, and population densities.

Supply Chain Visibility 112

Supply Chain Visibility Real-time Visibility Inventory Management Software Analytics Software 112

6 River Systems

NOVEMBER 1, 2022

Retailers must be flexible in order to handle consumer’s evolving shopping behaviors changing trade policies, inventory shortages, supply and demand disruptions and unpredictable delays in last mile deliveries. Investing in inventory and warehouse management solutions. Retailers must adapt to changing conditions.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Resource Reduction Optimal Sourcing 52