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

Logistics Viewpoints

MAY 26, 2023

Target’s inventories at the end of the last quarter were 16 percent lower than the same period a year ago and Walmart cut inventories in its U.S. Inventories at U.S. Separately, the company said in the past year, Amazon’s Counterfeit Crimes Unit sued or referred for investigation over 1,300 criminals in the U.S.,

Negotiating Skills 202

Negotiating Skills Pricing Training Jordan Purchasing Training 202

Unleashed

MAY 7, 2023

With the right systems in place, manufacturing inventory management can help to reduce production and ensure all operational processes are carried out effectively and efficiently. In this guide, we cover the types of manufacturing inventory, the costs, and a few handy strategies for managing it effectively.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Material Savings Inventory 52

Intelligent Audit

DECEMBER 29, 2021

Understanding the state of holiday shipping and learnings for the next peak season means realizing that rates are always going to jump-start near Halloween. Air freight Is Rising. Air freight rates have been a major story throughout 2021. kg, according to the Freightos Air Freight Index. Ocean Freight Shortages Abound.

Shipping 52

Shipping Los Angeles Houston New York 52

Logistics Viewpoints

JUNE 17, 2021

There are tiers for rates, mode, and freight class, but there’s another layer of logistics. By definition, it refers to the handling of care used when moving products in which the movers or shippers literally wear white gloves to protect the product. As far as figuring out what carriers offer, that’s the real trick of modern shipping.

Transportation Management 194

Transportation Management Logistics Network Optimization Software Transportation Supply Chain Software 194

ShipBob

APRIL 18, 2024

The de minimis threshold value refers to the minimum value of goods below which no duties and/or taxes are charged by customs authorities upon importation. This concept plays a crucial role in global shipping and customs, significantly impacting ecommerce businesses and consumers who purchase products internationally.

Price Reduction 98

Price Reduction Cost Reduction Strategies Inventory Reduction Purchasing Skills 98

Precoro

MAY 19, 2023

In this article, we are covering key metrics, divided into the following categories based on the supply chain step they refer to: Inventory Logistics Customer order fulfillment Quality Inventory Metrics A company’s inventory encompasses raw materials used for production, as well as the produced goods available for sale.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

Ware2Go

JANUARY 21, 2022

Understanding the differences between small parcel and freight shipping allows fast growing eCommerce sellers to reduce shipping costs and maximize profitability. One way to minimize shipping costs is understanding the differences between small parcel and freight delivery. What Is Small Parcel Shipping?

Shipping 40

Shipping Expense Reduction Price Reduction Cost Reduction Strategies 40

Zipline Logistics

SEPTEMBER 7, 2021

If you have an order that needs to get to its destination in a hurry, expedited freight options could be your best choice for delivery. Though often a result of an unexpected need, there is still a way to control costs and ensure quality performance when arranging expedited freight services. What Is Expedited Freight?

Freight 52

Freight Negotiating Skills Manufacturing Procurement Inventory Reduction 52

The Logistics of Logistics

AUGUST 14, 2023

Bart De Muynck and Joe Lynch discuss the connective tissue of the supply chain, which is a reference to project44. It offers global and multimodal connectivity, allowing supply chain and logistics professionals to track inventory across various modes of transportation. Tusk save Shippers 40% or more on small parcel shipping.

Gartner 196

Gartner Logistics Network Optimization Software Supply Chain Software Supply Chain Strategy 196

Logistics Viewpoints

JUNE 26, 2023

Mars Wrigley chose Transplace, now UBER Freight, for North America and a partnership with Maersk/E2Open for ocean freight. For the largest retailers, short shipping results in fines and penalties. “I’ll Aera refers to these algorithms as Aera Skills. The change management was difficult.”

Supply Chain Planning Software 207

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 207

Supply Chain Game Changer

APRIL 29, 2020

Do You Have Hidden Freight Costs? Ocean freight article and permission to publish here provided by Katherine Barrios at xeneta.com. Freight forwarders and shippers/BCO s are on a constant quest to have a better understanding of their ocean freight costs and ultimately have larger margins. Email Address. Plan effectively.

Negotiating Skills 69

Negotiating Skills Cost Reduction Strategies Optimal Sourcing Freight 69

Unleashed

SEPTEMBER 7, 2021

In this guide to barcodes in inventory management: In order to apply barcodes to inventory management, it is important to understand the basics of the barcode system. Hence, some companies will find corded barcode scanners to be all they need, where other companies require wireless scanners to support their online inventory management.

Inventory Management Software 96

Inventory Management Software Inventory Management Inventory Reduction Inventory 96

Veridian Solutions

FEBRUARY 26, 2020

Supply chain leaders often interchangeably refer to both a warehouse management system and an inventory management system as one and the same. Challenges of Limited Inventory Management Capabilities. The challenges of inventory management without using a dedicated, standardized system are significant.

Inventory Management Software 64

Inventory Management Software Supply Chain Planning Software Forecasting Software Demand Planning Software 64

CH Robinson Transportfolio

MARCH 25, 2021

Less than truckload (LTL) freight refers to the transportation of products or goods that do not require a full truckload. These smaller freight loads typically result in many separate shipments being transported on one truck. However, LTL shipping can be rather complex. How does LTL freight work? Cost savings.

Freight 48

Freight Logistics Network Optimization Software Optimization Software Price Reduction 48

Silvon Software

JULY 22, 2022

Working with three core ratios – the days of inventory, days of payables and days of receivables, the cash-to-cash time cycle KPI visualizes the period required between the moment a company pays its suppliers and the moment it receives cash from its customers. Inventory KPIs and Metrics for Managing Supply Chain Performance.

Metrics 81

Metrics Manufacturing Procurement Supply Chain Planning Software Supply Chain Strategy 81

Freightos

NOVEMBER 11, 2021

The ”end” they refer to – whether it’s forwarding, fulfillment, or platforms for B2B or B2C sales – remains fairly ambiguous, spanning an acquisition of fashion logistics company HUUB in September 2021 to an investment in rapid fashion production company Unmade. No end to end-to-end. Accelerating the shift. Image via StarAir.dk).

Price Reduction 177

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

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

RPA as it is also referred to, has the capability to transform supply chain management. Inventory Management. Regardless of how efficient and effective, all supply chains carry inventory. RPA can automate this process by deploying a digital workforce to track inventory as it flows from each stage of your integrated supply chain.

Supply Chain Software 246

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

Intelligent Audit

JUNE 29, 2021

The COVID-19 pandemic drastically changed both the world and how companies conduct business, especially regarding how pharmacies are shipping pharmaceuticals. Why and How the E-Commerce Explosion Carried Over Into Pharmacies Due to the COVID-19 pandemic, online pharmacies that specialize in shipping pharmaceuticals grew exponentially in 2020.

Pharmaceutical 52

Pharmaceutical Prescriptive Analytics Software Shipping Analytics Software 52

Intelligent Audit

JUNE 29, 2021

The COVID-19 pandemic drastically changed both the world and how companies conduct business, especially regarding how pharmacies are shipping pharmaceuticals. The business of shipping pharmaceuticals involves the transportation of high-value medication that requires the most accurate up-to-date data.

Pharmaceutical 52

Pharmaceutical Prescriptive Analytics Software Shipping Analytics Software 52

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. This is achieved by AI and ML which delivers more accurate optimised inventory, minimising overproduction and potential errors.

Supply Chain Planning Software 223

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

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. VMI is all about collaboration.

Vendor Strategies 120

Vendor Strategies Inventory Reduction Modeling Software Modeling 120

GlobalTranz

FEBRUARY 25, 2021

Reverse logistics refers to all operations related to the reuse of products and materials. The manufacturing firm would then have to organize shipping of the defective product, testing the product, dismantling, repairing, recycling or disposing the product. If the product is defective, the customer would return the product.

Reverse Logistics 210

Reverse Logistics Logistics Network Optimization Software Material Savings Logistics 210

Supply Chain Game Changer

FEBRUARY 1, 2022

Featuring Our Top 16 Articles on Freight and Logistics! In March of 2021 we heard about Logistics when a ship blocked passage through the Suez Canal. In the second half of 2021 we heard about the enormous log jam for overseas shipping in ports around the world. Definition of Logistics. Examples of Logistics Management.

Logistics Network Optimization Software 89

Logistics Network Optimization Software Logistics Resource Reduction Military 89

SCMDOJO

APRIL 15, 2024

Prime Membership: Amazon Prime – Subscription service offering benefits such as free two-day shipping, access to Prime Video, Prime Music, and exclusive deals. Amazon’s Virtuous Circle One of the key elements of Amazon’s logistics strategy is what they refer to as the “virtuous circle.”

Logistics Network Optimization Software 79

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 79

Supply Chain Matters

DECEMBER 28, 2023

As a point of reference, in September, Mastercard had forecasted an anticipated 3.7 Consumers were expecting that there would be adequate inventory of goods even up to two days before Christmas. If anything, what retailer’s may report as inventory overhang after accounting for holiday sales will be an area to take note of.

Forecasting 52

Forecasting Apparel Inventory Reduction Journal 52

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. This generally gets referred to as trucking capacity, and it remains one of the most critical aspects of dealing with supply chain disruptions.

Capacity 97

Capacity Supply Chain Network Software Analytics Software Demand Planning Software 97

Unleashed

MARCH 31, 2021

However, when people refer to supply chains, they often use the terms ‘supply chain’ and ‘logistics’ interchangeably. When we refer to the ‘supply chain’, we’re referring to the network of suppliers, manufacturers, producers, shipping companies and more who, when combined, produce, ship and sell products and services to end-users.

Supply Chain Planning Software 69

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 69

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. Air cargo refers to the transportation of goods via an air carrier, which may be charter or commercial. With that, let’s start with a brief industry analysis.

Cargo 52

Cargo Sourcing Strategies Material Savings Logistics Network Optimization Software 52

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

GlobalTranz

JULY 13, 2015

On-Time Shipping. The overall goal of the distribution center is to make sure that freight makes into the correct mode of transportation at the appropriate time. This involves monitoring for the late departure of shipping containers as well as premature completion of a specific freight loading time.

Procurement Analytics 120

Procurement Analytics Metrics Distribution Inventory Reduction 120

3PL Insights

JULY 11, 2018

This refers to the electronic interchange of documents between companies. Improved freight costs, reduced inventory levels, and more efficient use of warehouse space are all results of using EDI. ASN is another form of electronic document transfer, and stands for Advanced Shipping Notification. What is EDI? What is ASN?

Electronics 56

Electronics Shipping Data Supply Chain Network Software 56

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. However, they represent distinct stages.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

Freight Center

NOVEMBER 22, 2019

The shipping industry is always guaranteed to be kept on its toes when it comes to Black Friday and Cyber Monday logistics. But just how are companies impacted in the way they set up their shipping departments during the busiest weekend in e-commerce? Supply and Demand.

Logistics Network Optimization Software 43

Logistics Network Optimization Software Material Savings Inventory Reduction Logistics 43

ShipBob

APRIL 26, 2023

The upstream supply chain refers to the flow of inventory in the pre-production stage, mostly in relation to the organization’s suppliers. Whichever shipping carriers were still operational were stretched beyond capacity, which meant that customers had to wait for much longer to receive their goods. Let’s get into it.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Planning 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. They can be trucking companies, airlines, shipping lines, or rail operators, depending on the mode of transportation chosen for the specific shipment.

Logistics Network Optimization Software 90

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

Logistics Viewpoints

OCTOBER 29, 2021

In a blog post, Amazon said a combination of planes, trucks, ships, and delivery vans, along with staffed-up warehouses, has put it in a good position to “get customers what they want, when they want it, wherever they are this holiday season.” Amazon is clearly not the only company making plans for the upcoming holiday season.

Logistics Network Optimization Software 191

Logistics Network Optimization Software Supply Chain Planning Software Logistics Supply Chain Design Software 191