ShipBob

NOVEMBER 6, 2023

Table of Contents ** Minutes What is an inventory audit? When it comes to selling goods, ecommerce businesses may audit their inventory — whether it’s for tax purposes annually or to simply verify units on hand. Inventory audits can be done in-house or by a third party and represent one point in time. What is an inventory audit?

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

Zipline Logistics

JANUARY 10, 2023

T he cascading logistical problems caused by the pandemic and the war in Eastern Europe have made securing a reliable supply chain a national imperative. So, what must manufacturers and policymakers do to ensure that we have secure and resilient supply chains? Andrew Lynch x Authority Magazine Interview.

Supply Chain Software 52

Supply Chain Software Security Supply Chain Strategy Logistics Network Optimization Software 52

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Inventory Management. Regardless of how efficient and effective, all supply chains carry inventory. Freight Management. Contract Review.

Supply Chain Software 246

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

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

Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post is part of a , series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally.

Supply Chain Software 148

Supply Chain Software Resource Reduction Waste Reduction Cost Reduction Strategies 148

Turvo

JULY 15, 2021

In the logistics and shipping industry, capacity refers to the amount of space secured on trucks and other vehicles to carry shipment loads. However, the process of securing trucking capacity can grow into a much more daunting task. . Outdated Systems and Platforms Can Affect Trucking Capacity Procurement.

Capacity 97

Capacity Supply Chain Network Software Analytics Software Demand Planning Software 97

MIT Supply Chain

MARCH 8, 2021

Why the Truck Market’s Sharp Turn Caught the Freight Industry by Surprise The MIT FreightLab’s latest industry roundtable explored the drivers behind today’s extremely tight market for truck capacity and the broader implications for supply chains. However, in U.S. However, in U.S.

Freight 52

Freight Supply Chain Planning Software Industrial Industry 52

Freightos

NOVEMBER 11, 2021

Late 2021 saw Maersk continue to shift towards vertical integrations, with acquisition of Senator, a German freight forwarder for $644 million dollars. While Facebook is looking at virtual reality, Alibaba and Amazon are looking more at freight. More on Maersk’s transition to an end-to-end provider can be found in this 2020 report.

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

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

AUGUST 16, 2022

Continued fallout, including transport congestion, limited air freight and rail freight transportation in the Asia-Europe lanes, because of the Russia/Ukraine conflict. QAD SRM delivers the tools to improve real-time communication and procurement processes and to counteract supply risks. Potential U.S.

Optimal Sourcing 94

Optimal Sourcing Supply Chain Software Manufacturing Procurement Supply Chain Design Software 94

The Logistics & Supply Chain Management Society

JUNE 14, 2023

In an explicit and sharp rebuke rarely heard from politicians, President Biden addressed a handful of freight carriers, accusing them of exploiting their unfettered control of the market for personal gain. Amy Klobuchar (D-Minn.) and John Thune (R-S.D.) in February 2022 and passed the House (369–42) and the Senate (unanimously!).

Shipping 130

Shipping Supply Chain Design Software Logistics Network Optimization Software Demand Planning Software 130

SCMDOJO

JULY 24, 2023

It involves outsourcing logistics activities, such as warehousing, transportation, distribution, inventory management, and order fulfillment, to a dedicated logistics service provider. By leveraging their capabilities, businesses can reduce transportation costs, optimize inventory levels, and minimize warehousing expenses.

Logistics Network Optimization Software 94

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 94

Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post is part of a , series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally.

Supply Chain Software 78

Supply Chain Software Resource Reduction Waste Reduction Cost Reduction Strategies 78

Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post is part of a , series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally.

Resource Reduction 78

Resource Reduction Supply Chain Software Waste Reduction Cost Reduction Strategies 78

Supply Chain Game Changer

OCTOBER 10, 2022

The second is securing financing to cover all the expenses associated with the coursework. Likewise, any military service looks great on a resume, particularly if it’s related to in-service duties in inventory management or dispatching. Consider taking a class or two in IT security and another in programming languages.

Education 96

Education Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 96

Kanban Logistics

SEPTEMBER 20, 2023

ports, foreign trade zones are secure areas that are under U.S. Third-party procurement. 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. Vendor-managed inventory (VMI).

Warehousing 52

Warehousing 3PL Logistics Network Optimization Software Manufacturing Procurement 52

BlueYonder

OCTOBER 1, 2022

Sensing and predicting disruptions as early as possible will allow organizations to develop proactive risk mitigation strategies and lower premium freight. Furthermore, having short-term Purchase Order/ASN-level visibility is insufficient. This has a substantial impact on their EBITDA margins.

Automotive 52

Automotive Cost Reduction Strategies Inventory Reduction Material Savings 52

Supply Chain Matters

OCTOBER 10, 2023

This start-up was founded by Matt McKinney and Shaosu Liu, both of whom had backgrounds at Uber Freight and decided to tackle the massive problem of building a new structure for the legacy freight payment system that supports the global supply chain. The technology start-up secured $30 million in Series A funding in 2022.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software 52

Freight Plus

OCTOBER 25, 2019

It’s indicative of a soft freight market, a drop in industrial production, and lower world oil prices. Russ Aborn: It could be that they are culling the freight that is not as profitable as they’d like. Based on what we’ve seen, they certainly are not pricing new freight aggressively to secure new business.

Negotiating Skills 40

Negotiating Skills Purchasing Skills Eliminating Excel in Purchasing Manufacturing Procurement 40

Enterra Insights

APRIL 4, 2018

If supply chain complexity, global competition, information collection challenges, climate change, natural disasters, and protectionism aren’t enough to worry about, Benjamin Roussey insists five IT security risks are going to make 2018 a nightmare for risk managers. Security threats for the Internet of Things (IoT). ”[3].

Risk Management 100

Risk Management Supply Chain Design Software Supply Chain Planning Software Analytics Software 100

Unleashed

OCTOBER 4, 2023

Some of the main steps involved in the order fulfilment process include: Inventory management Picking and packing Tracking and communication Shipping and delivery Customer service Returns management Fulfilment costs can represent up to 30% of an eCommerce company’s total operating expenses. It also ensures that resources are used efficiently.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

Supply Chain Matters

APRIL 14, 2023

Venti Raises $29 Million in Series A Round Autonomous logistics technology and industrial hubs provider Venti Technologies announced that it has secured $28.8 while securing a $5.4 V in an effort to secure upwards of $283 million in cash to stave off bankruptcy. million in Series A financing.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software 52

Supply Chain Game Changer

FEBRUARY 27, 2019

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. Subscribe Here!

Supply Chain Planning Software 57

Supply Chain Planning Software Resource Reduction Price Reduction Waste Reduction 57

Procurement Academy

AUGUST 25, 2022

When freight volume grows and transportation becomes more complicated, the need for logistics management rises. Logistics involve the integration of these sub sectors, including information, transportation, inventory, warehousing, material-handling and packaging. Disposal Logistics. Providing organization. Good visibility.

Buyer Training 52

Buyer Training Price Mitigation Strategies Training Supply Chain Planning Software 52

Veridian Solutions

JANUARY 29, 2020

This is important for reducing order fulfillment errors, improving your inventory management and remaining competitive. Poor replenishment and reordering of inventory. Limited visibility in procurement. Higher freight spend. Key indicators that your strategy is working include: Strong, Lean Inventory.

Inventory Reduction 58

Inventory Reduction Expense Reduction Cost Reduction Strategies Material Savings 58

BlueYonder

FEBRUARY 17, 2022

Impact: This is resulting in procurement teams scrambling to find new supply sources, while engineers are looking for substitutions alternatives, and other company leaders are figuring out how to bring more in-house for a vertical integrated approach. Border policies erode the effectiveness of homeland security.

Supply Chain Planning Software 72

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 72

Kanban Logistics

SEPTEMBER 24, 2020

ports, foreign trade zones are secure areas that are under U.S. Third-party procurement. Right now, your buyers probably spend a good percentage of their time negotiating with, and procuring goods from, makers of boxes, nuts, bolts, and other consumable parts and materials. Third-party procurement services from a 3PL can help.

Warehousing 52

Warehousing 3PL Logistics Network Optimization Software Manufacturing Procurement 52

Talking Logistics

MARCH 4, 2016

This self-service 4-session course provides an overview of how to build a strong transportation management foundation, with a focus on strategy development, procurement, the role of technology, and the importance of enabling a continuous improvement culture and processes. DOT Releases 30-Year Freight Projections.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Planning Software Forecasting Software Supply Chain Network Software 0

Unleashed

MARCH 23, 2021

Materials management involves the sourcing, procurement, storage and utilisation of direct or indirect materials (see below) used in the manufacturing process. Basically, if a manufacturer can’t secure its materials on-time, it can’t produce its products and therefore make money. Storage and inventory management.

Material Savings 98

Material Savings Purchasing Skills Manufacturing Procurement Negotiating Skills 98

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. Certified in Production and Inventory Management (CPIM) : The course covers ground such as knowledge of production and inventory management, internal operations, and customer relations.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

ThroughPut

FEBRUARY 1, 2023

This is why supply chain managers are always stressing over demand forecasts — something that tops the list of most critical inventory and warehouse management practices. On the contrary, you should be exploring all your procurement options globally, nationally, and locally. goods is more complex than it used to be.

Material Savings 52

Material Savings Price Reduction Expense Reduction Sourcing Strategies 52

Freight Plus

FEBRUARY 27, 2020

Now some of this is certainly attributable to lower volumes of freight coming out of China related to the timing of Lunar New Year and, of course, Coronavirus-which continues to remain a significant issue and is not only driving down exports from China but also driving down imports to China. About the author: ?. ?Chris Chris Peckham.

Price Reduction 52

Price Reduction Research Houston California 52

Supply Chain Matters

JANUARY 10, 2023

2023 Prediction Three: More Direct Control in Strategic or Tactical Multi-tiered Direct Materials Sourcing will Continue to be a Prominent Element of Business Strategy for Chief Supply Chain or Chief Procurement Officer Efforts. . A published Future of Freight study sponsored by Deloitte in September 2022 indicated that U.S.

Predictive Analytics Software 52

Predictive Analytics Software Resource Reduction Manufacturing Procurement Cost Reduction Strategies 52

Freight Plus

FEBRUARY 27, 2020

Now some of this is certainly attributable to lower volumes of freight coming out of China related to the timing of Lunar New Year and, of course, Coronavirus-which continues to remain a significant issue and is not only driving down exports from China but also driving down imports to China. About the author: ?. ?Chris Chris Peckham.

Price Reduction 52

Price Reduction Research Houston California 52

Turvo

MAY 27, 2020

They must manage inventory in their facilities, in the yard, in transit, and in third-party retailers that have lines of credit with the company. These might not seem like major hurdles, but each item represents a higher cost for managing inventory and adds to inefficiencies. To accommodate the surge, the Fort Wayne, Ind.

Supply Chain Planning Software 56

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Network Software Supply Chain Software 56

Murano Corporation

JANUARY 19, 2016

Improved supply chain visibility and inventory turns means better operational efficiency. Cloud computing is here and moving to the cloud offers significant financial benefits.

Supply Chain Software 40

Supply Chain Software Optimal Sourcing Modeling Supply Chain Optimization 40