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

EazyStock

MAY 24, 2022

Often, businesses focus on inventory management from a supply chain perspective – holding enough stock to meet customer demand and hitting fulfillment targets. This post, however, will focus on the financial aspect of inventory: inventory value – taking an accountant’s view of how to manage stock effectively.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Inventory Management Inventory 52

ModusLink Corporation

FEBRUARY 8, 2023

Fulfillment Free trade zones, or FTZs, are controlled places in a country that offer warehouse and distribution services for goods from foreign markets, excluding them from paying taxes on those goods. These include: People and staffing requirements include skilled workers and managers that will do the daily warehouse operations.

Negotiating Skills 78

Negotiating Skills Material Savings 3PL Cost Reduction Strategies 78

GlobalTranz

JANUARY 8, 2015

What is Lean Inventory Management? More firms are implementing lean inventory management techniques to reduce costs, improve flexibility and have more time to focus on their customers. Lean supply chain and inventory management enable Small Medium Businesses (SMB) to improve efficiency and increase profits.

Inventory Reduction 120

Inventory Reduction Agile and Lean Supply Chain Lean Waste Reduction 120

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

SCMDOJO

APRIL 15, 2024

This system uses giant warehouses, lots of trucks, and even cool robots to move things quickly. We’ll look at their warehouses, their delivery tricks, and even how they use new technology to make things faster. The inner workings of logistics at Amazon are a marvel of efficiency, precision, and constant innovation.

Logistics Network Optimization Software 79

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

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

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. The use of combined supply chain systems ensures these processes continue disruption-free, even when those systems go outside the warehouse.

Inventory Management Software 64

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

GlobalTranz

SEPTEMBER 16, 2016

Third party logistics (3PL) is the function by where the owner of goods outsources numerous components of the supply chain to a 3PL company that can perform the management function of the clients’ customs, inbound freight, distribution, warehousing, order fulfilment and outbound freight to the client’s customers.

3PL 120

3PL Third Party Logistics Logistics Network Optimization Software Warehousing 120

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

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

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

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

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.

Manufacturing Procurement 105

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

BR Williams Supply Chain Management

AUGUST 6, 2020

Intermodal freight shipping has been around for decades, but it is growing in popularity due to its many benefits. Intermodal shipping refers to using more than one mode of transportation, such as truck, rail, or ship, to transport goods from a shipper to consignee. Curious as to why businesses are transitioning to intermodal shipping?

Negotiating Skills 98

Negotiating Skills Shipping Cost Reduction Strategies Price Reduction 98

Unleashed

APRIL 7, 2019

Optimum inventory management relies on accurate data so that inventory orders can be balanced with sales. Improving accuracy around inventory data and management is of paramount importance to keep a company’s books and customers happy. You then need to resolve any inventory discrepancies that arise. Use RFID tags.

Inventory Reduction 70

Inventory Reduction Inventory Management Software Inventory Demand Planning Software 70

20Cube Logistics

SEPTEMBER 17, 2021

3PL, or third-party logistics, refers to a company outsourcing part or all of its logistics requirements to a provider. 3PL providers handle all or several components of your supply chain, like warehousing, distribution, inbound freight, and outbound freight. Benefits of 3PL for Your Supply Chain. Cost Savings.

3PL 52

3PL Malaysia Retail Third Party Logistics 52

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

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

Logistics Viewpoints

JUNE 26, 2023

In terms of finding a 4PL solution provider, Mars wanted a company that could engage in truck loading and route optimization, and schedule shipments into and out of their warehouses. Mars Wrigley chose Transplace, now UBER Freight, for North America and a partnership with Maersk/E2Open for ocean freight.

Supply Chain Planning Software 207

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

Locus

JUNE 2, 2023

Inbound logistics refers to the activities involved in receiving, storing, and distributing raw materials, components, and other inputs needed for production or further processing within a company. Focus Procurement, receiving, storage, and inventory management. Inventory management: According to this report 67.4%

Optimal Sourcing 52

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

Veridian Solutions

NOVEMBER 12, 2018

Demand to increase efficiency in warehouse management is at an all-time high. Warehouse managers also face challenges with finding and retaining the right talent, as well as added pressure from customers and shareholders alike. Let’s take a closer look at dark warehouses and what they mean for the future of warehouse management.

Supply Chain Design Software 45

Supply Chain Design Software Supply Chain Software Warehousing Demand Planning Software 45

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

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

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

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

Logistics Bureau

OCTOBER 24, 2022

Since we promised to update you regularly, we’ve collated some of the latest stories from the world of freight shipping, warehousing, logistics services, and supply chain technology, so that you can keep your finger on the pulse of the fast-changing logistics landscape. How retailers are reevaluating post-pandemic inventory strategies.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chain Planning 52

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. This post explores the benefits, challenges, and best practices of consolidating LTL freight shipments.

Freight 48

Freight Logistics Network Optimization Software Optimization Software Price Reduction 48

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. Moreover, ShipBob offers an end-to-end managed freight and inventory distribution program called FreightBob. What is the de minimis threshold value?

Price Reduction 98

Price Reduction Cost Reduction Strategies Inventory Reduction Purchasing Skills 98

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

Logistics Viewpoints

OCTOBER 29, 2021

This includes trucking capacity concerns, port congestion , and warehouse staff. 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.”

Logistics Network Optimization Software 191

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

ShipBob

AUGUST 25, 2021

First-mile delivery refers to the process of transporting finished goods from a manufacturer or supplier’s facility to an online retailer’s warehouse or multiple distribution centers — the last destination before products are delivered to the end user. What is first-mile delivery?

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Optimization Software Inventory Reduction 52

GlobalTranz

JULY 13, 2015

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. Monitor Warehouse Capacity. On-Time Shipping.

Procurement Analytics 120

Procurement Analytics Metrics Distribution Inventory Reduction 120

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 Freight Shipping? What Is Small Parcel Shipping?

Shipping 40

Shipping Expense Reduction Price Reduction Cost Reduction Strategies 40

GlobalTranz

FEBRUARY 25, 2021

Reverse logistics refers to all operations related to the reuse of products and materials. Shippers are faced with a variety of challenges: finding the right carriers for the specialized reverse logistics movements, managing costs and inventory, and delivering the desired customer experience.

Reverse Logistics 210

Reverse Logistics Logistics Network Optimization Software Material Savings Logistics 210

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. Lockdowns and labor shortages undoubtedly led to supply chain bottlenecks as many warehouses had to be shut down, resulting in fulfillment and distribution processes being upended.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Planning 52