Unleashed

JANUARY 31, 2023

In-transit inventory is a frequently overlooked aspect of inventory management and accounting for product businesses. What is in-transit inventory? In-transit inventory is products that have been shipped by the seller but have yet to reach the customer. Who owns in-transit inventory?

Inventory Reduction 98

Inventory Reduction Inventory Inventory Management Software Supply Chain Planning Software 98

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

Supply Chain Matters

APRIL 7, 2023

freight rates have reached their lowest levels in nearly six years. In essence, it is confirmation of a freight recession condition. That is not good for retailers and manufacturers, each under the looking glass to reduce not only transportation but also inventory carrying costs. All rights reserved. The post U.S.

Freight 52

Freight Manufacturing Procurement Supply and Demand Nevada 52

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 procurement strategies. In a November survey , 87% of merchants shared that they already were affected by increased freight costs. What is just-in-time procurement?

Just-in-Time 52

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

Precoro

MAY 19, 2023

The right metrics can shed light on how cost-effective a company’s processes are when it comes to the flow of goods, both at the inbound stages of procurement and outbound all the way to the customer. Inventory is one of the most important assets of any company, as it’s the basis for generating revenue.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

Kanban Logistics

SEPTEMBER 24, 2020

When it comes to warehousing, many companies eventually outgrow the “do it yourself” model and choose to hand the reins over to a third-party logistics (3PL) professional. What’s important to understand, however, is that many 3PLs are capable of a wide array of warehouse services in addition to the basics. Some might surprise you.

Warehousing 52

Warehousing 3PL Logistics Network Optimization Software Manufacturing Procurement 52

Supply Chain Opz

JUNE 23, 2014

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 220

Inventory Management Software Inventory Management Inventory Reduction Inventory 220

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.

Forecasting 105

Forecasting Forecasting Software Inventory Management Software Supply Chain Planning Software 105

NC State SCRC

MAY 30, 2022

The report was published in the last month, and reflects some of the increasing challenges and disparities that exist between procurement and supply chain executives. One of the problems that often emerges in organizations is not only misalignment between procurement and supply chain, but also between senior executives and their managers.

Supply Chain Execution 98

Supply Chain Execution Procurement Analytics Procurement Solutions Optimal Sourcing 98

SCMDOJO

MARCH 27, 2024

That includes inventory tracking, order management, demand forecasting, and logistics planning. It encompasses a wide range of features from freight forwarding to brokerage. Its advanced Warehouse Management System integrates with major online sales channels. Hence, it offers an accessible and streamlined procurement solution.

Supply Chain Design Software 69

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Forecasting Software 69

Supply Chain Matters

DECEMBER 28, 2023

They provide capabilities to coordinate supply chain procurement, planning, fulfillment, or other network wide decision-making capabilities among various supply networks and order fulfillment segments. The ultimate costs in warehousing, inventory carrying costs and other dimensions are still being assessed.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Network Software Supply Chain Design Software Supply Chain Software 59

Logistics Viewpoints

MARCH 2, 2023

Freight rates have plummeted, brokerages are struggling, and the industry is still bloated with excess inventory. With the right data you can reduce your overall transportation costs, both accessorial costs and overall freight spend. Closer to home for supply chain professionals, driver shortages continue to plague the industry.

Waste Reduction 197

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 197

Logistics Viewpoints

JULY 13, 2022

Well, there are a number of different types of supply chain fraud that impact global supply chains, from the procurement of materials to the end delivery of a product. These include: The Procurement bidding process and business awards. Stock rooms, warehouses and any inventory holding points. Freight forwarding.

Supply Chain Software 212

Supply Chain Software Supply Chain Supply and Demand Supply Chain Network Software 212

BR Williams Supply Chain Management

JANUARY 18, 2021

Distribution management includes forecasting, transportation, warehousing, and delivery within the larger universe of logistics and supply chain management. Warehouse inventory management systems (WMS). Click here for warehousing and distribution options available to you. What is Distribution Management? Communication.

Inventory Reduction 89

Inventory Reduction Cost Reduction Strategies Expense Reduction Material Savings 89

Logistics Viewpoints

SEPTEMBER 28, 2021

Real-time transportation visibility platforms tell shippers and their broker/carrier partners where their freight is at any point on its journey. And what is sitting in the warehouse. Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility. And at the cross-dock.

Rail Software 188

Rail Software Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 188

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

Logistics Viewpoints

FEBRUARY 8, 2022

Manufacturers, retailers and their logistics partners often managed supply and demand volatility by shifting scarce inventory among stores or distribution centers, or investing in expedited freight charges, without considering the real implications of these strategies on their long-term profitability. While driving a projected $14.1

Logistics Network Optimization Software 187

Logistics Network Optimization Software Optimal Sourcing Supply Chain Planning Software Modeling 187

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

Supply Chain Matters

AUGUST 7, 2023

While 209,000 workers were added in June, 14,000 freight and parcel carriers were cut and 6,900 warehousing and storage jobs were lost. In the past we would expect to see transportation and warehousing ramping up hiring in late summer ahead of peak season. ” warehouse workers in June of 2022. There were 1.96

Logistics Network Optimization Software 52

Logistics Network Optimization Software Transportation Logistics Warehousing 52

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 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

Supply Chain Matters

JULY 7, 2023

According to the June report summary , the primary driver of the latest decline was the inventory metric, which reportedly contracted 6.5 Consequently, the warehousing capacity metric increased a reported 6.8 Further, the current LMI value has slid 21.5 percentage points on a year-over-year dimension. percentage points in June.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Inventory Reduction Negotiate Pricing 52

GlobalTranz

FEBRUARY 16, 2016

Ensure that your warehouse operation is safe. Analyze labor reduction for any warehousing operation. There are Labor Management Software systems that can help manage work in the warehouse. Incentive programs for warehousing employees do work. Try warehouse mobility in your four walls. They have great ideas.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

ToolsGroup

MARCH 17, 2020

Macro events like the Coronavirus crisis trigger demand volatility that affects every link in your global supply chain—from the raw materials you procure to setting safety stock levels to planning logistics and promotions. Use demand modeling to fine-tune demand forecasts.

Supply Chain Planning Software 215

Supply Chain Planning Software Modeling Scenario Planning Supply Chain Planning 215

Locus

JUNE 2, 2023

Inbound logistics activities typically include transportation, warehousing, inventory control, material handling, quality control inspections, and scheduling. Focus Procurement, receiving, storage, and inventory management. Inventory Management: Inbound logistics play a critical role in inventory management.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Logistics Network Optimization Software Supply Chain Optimization 52

Talking Logistics

OCTOBER 12, 2018

I have to go to the grocery store again today to replenish our inventory (yeah, I don’t shop for groceries online; as the son of a bodegero, I’m old fashioned that way.). Alexa Heads to the Warehouse (WSJ – sub. Transplace Acquires Yusen Logistics’ Intermodal & Freight Brokerage Group. Alexa in the Warehouse.

Logistics Network Optimization Software 101

Logistics Network Optimization Software Supply Chain Design Software Network Design Software Supply Chain Planning Software 101

Procurement Academy

AUGUST 10, 2021

What defines this approach is “flexibility” to right-size inventory, fitting the demands of the market in a specified time, enhancing the logistics service processes, and increasing the elasticity of the logistics process to respond to market instabilities profitably. Benefits of Elastic Logistics and warehousing.

Logistics Network Optimization Software 64

Logistics Network Optimization Software Supply Chain Planning Software Demand Planning Software Supply Chain Software 64

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

Supply Chain Matters

APRIL 4, 2024

In addition, Spinnaker SCA’s offerings will augment Publicis Sapient’s capabilities around advanced AI/ML analytics, supply chain digital twins, data solutions, warehouse management, transportation management and expanded digital sustain services. No financial details were disclosed in the announcement. All rights reserved.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 40

Supply Chain Shaman

APRIL 15, 2020

The healthcare value chain was slow to respond—the majority of Personal Protective Equipment (PPE) was in Chinese warehouses. This cross-functional group (sales, procurement, manufacturing, and distribution) is an operational team to manage the day-to-day issues and exceptions in the supply chain. Evaluate Inventory. The answer?

Supply Chain Planning Software 427

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 427

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 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

The Logistics of Logistics

JUNE 23, 2022

In addition, retailers are struggling to move inventory initially ordered in the first quarter of 2022 to make way for back-to-school and holiday merchandise. Shippers that do not yet have a plan in place are more likely to find most of their freight moving through the spot market in Q3 and Q4. Weather events might also be factors.

Supply Chain Planning Software 237

Supply Chain Planning Software Supply Chain Planning Scenario Planning Retail 237

BlueYonder

FEBRUARY 17, 2022

Focus on warehouse automation has come full circle since the last big automation movement of the ‘90s, but today with a significantly better set of tools and technological improvements enabling more robust digital transformation and warehouse automation. Brief highlights of logistics investments over the last three decades.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 70

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. The new warehouse ramped up from the first pick to full volume in just two days. Retailers must adapt to changing conditions.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Resource Reduction Optimal Sourcing 52

QAD

FEBRUARY 20, 2024

The Causes of Stock Loss Sources of stock loss can include: Incorrect part movement Scrap with parts being dropped and damaged Shipping inaccuracy from warehouses and suppliers Manual mistakes in the processes Supplier performance Inaccurate forecasting Split shipments can also cause issues.

Manufacturing Procurement 96

Manufacturing Procurement How To Material Savings Supply Chain Design Software 96

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