Logistics Viewpoints

SEPTEMBER 16, 2021

Disruption has been the name of the game for more than a year as supply chain leaders have been dealing with changing buyer behaviors, inventory management challenges, labor shortages, weather and pandemic-related uncertainty, cyber security threats and capacity constraints that continue to create significant supply chain volatility.

Supply Chain Risk Management 216

Supply Chain Risk Management Risk Management Supply Chain Design Software Supply Chain Planning Software 216

Logistics Viewpoints

JUNE 26, 2023

Demand sensing involves the use of the external data sources – particularly the latest sales and market data – to improve short-term forecasting and then be able to use that improved understanding of consumer behavior to improve their supply planning. This visibility is key to both the root cause analysis and the inventory rebalancing.

Supply Chain Planning Software 207

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

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

The ongoing impact of the pandemic brings greater challenges and obstacles with increased consumer demand, limited resources, shipping congestion, and labor shortages. This data is combined with other sources to always know the location of the shipments and the condition of the cargo, facilitating rapid, real-time action if problems arise.

Supply Chain Disruption 246

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

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

In a nutshell, RPA helps businesses execute core processes faster and with fewer resources. RPA can automate the uploading of reporting and contract data for transactions from contracts into Transportation Management Systems (TMS) or Enterprise Resource Planning (ERP) systems with greater speed and accuracy. Inventory Management.

Supply Chain Software 246

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

3rdwave

NOVEMBER 29, 2018

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. While global freight cost varies significantly by industry and transportation mode, it is a major cost component of internationally sourced products.

Optimal Sourcing 88

Optimal Sourcing Global Transportation Negotiating Skills Supply Chain Optimization 88

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. A collaborative supply chain model helps partners locate the resources needed on demand. LogiSYM Supply Chain Magazine – September 2021.

Supply Chain Planning Software 223

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

Intelligent Audit

FEBRUARY 3, 2022

In freight auditing, freight audit advisors work with freight shippers to ensure that all charges are accurate and to prevent wasting money. Shippers can ensure they are getting the best possible rates from their carriers by working with a freight audit consultant. What Freight Auditing Is and Why It’s Important.

Freight 52

Freight Material Savings Resource Reduction Cost Reduction Strategies 52

Arkieva

AUGUST 8, 2016

A new study by the SupplyChainDigest analyzing the main components of working capital: Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO) revealed an uptick in DIO. Sustainable Freight Action Plan for California is estimated to Improve Freight Efficiency by 25% in 2030.

Sourcing Strategies 60

Sourcing Strategies Inventory Reduction Supply Chain Planning Software California 60

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

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

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

ToolsGroup

AUGUST 1, 2022

Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. As Burt Flickinger, Retail Expert and Managing Director at retail consultancy Strategic Resource Group shared with CNN , “For every dollar in sales, a retailer’s net profit is between a cent to five cents.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

Elementum

AUGUST 29, 2022

Recent shortages have highlighted the need for robust, future-proof supply chain management systems that far exceed the capabilities of conventional inventory control processes. Today, we will look at the importance of supply chain management in food production and some solutions to prevent further crises.

Supply Chain Planning Software 146

Supply Chain Planning Software Food Supply Chain Software Waste Reduction 146

Silvon Software

JULY 22, 2022

For one thing, today’s operational processes have become more complicated due to the ever-growing number of sources, platforms and touchpoints that must now be analyzed in order to drive actionable insights from them. This metric helps businesses calculate the length of time required to transform resources into cash flows.

Metrics 81

Metrics Manufacturing Procurement Supply Chain Planning Software Supply Chain Strategy 81

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. Inventory pile-ups. And the effect of inaccurate demand forecasting is felt across the supply chain.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

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. This is an inefficient use of time and resources.

Manufacturing Procurement 96

Manufacturing Procurement How To Material Savings Supply Chain Design Software 96

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. IoT delivers a data-driven decision-making process that enables logistics managers to make proactive decisions to minimize wasted resources and avoid delays.

Supply Chain Design Software 65

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Design 65

Logistics Viewpoints

MAY 26, 2022

There are lively debates about the meaning and prioritization of scale, globalization, outsourcing, and inventory optimization. Their transportation networks are more diverse, in many cases aided by connections to digital freight marketplaces. Hallmarks of successful logistics transformation.

Logistics Network Optimization Software 263

Logistics Network Optimization Software Optimal Sourcing Supply Chain Design Software Modeling 263

Supply Chain Game Changer

SEPTEMBER 17, 2020

WES functions include supply chain controls to improve performance, including light task management, wave management, limited inventory management, and some picking. The yard management system (YMS) is a useful tool for managing trailers, drivers, and stored inventory in the yard. Yard Management System. Dock Scheduling System.

Inventory Management Software 105

Inventory Management Software Demand Planning Software Supply Chain Software Sourcing Strategies 105

Logistics Viewpoints

NOVEMBER 29, 2023

There are five major technologies included in the study: warehouse management systems (WMS), transportation management systems (TMS), distributed order management (DOM), inventory optimization/store replenishment, and demand planning. TMS encompasses solutions for moving freight in all modes. Clearly this is easier said than done.

Optimal Sourcing 249

Optimal Sourcing Optimization Software Forecasting Software Demand Planning Software 249

3rdwave

NOVEMBER 29, 2018

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. While global freight cost varies significantly by industry and transportation mode, it is a major cost component of internationally sourced products.

Optimal Sourcing 40

Optimal Sourcing Global Transportation Negotiating Skills Supply Chain Optimization 40

Supply Chain Shaman

NOVEMBER 21, 2018

In parallel, Enterprise Resource Planning(ERP) providers introduced a new hype cycle. The problem is that the acceptance of lanes by the carriers does not force the carrier to accept the freight when tendered. Inventory levels? Slow and obsolete inventory? Five Reasons We Are Not Making Progress on Inventory Management.

Supply Chain Planning Software 195

Supply Chain Planning Software Forecasting Software Supply Chain Planning Demand Planning Software 195

DAT Solutions

JULY 30, 2015

Jeff Tucker 's guest column in yesterday's Wall Street Journal pointed to the pivotal role of technology, including DAT Load Boards , in freight logistics today. Jeff also highlighted the contribution of freight brokers to the efficient movement of cargo. But the role of technology in freight transportation is far from disruptive.

Logistics Network Optimization Software 70

Logistics Network Optimization Software Journal Predictive Analytics Software Supply Chain Software 70

Supply Chain Matters

JULY 15, 2022

Sourcing was both a cost as well as landed cost decision factor. The company lacked visibility to inbound inventory and a third-party logistics provider’s tracking systems were not aligned to Peloton ’s customer service support needs. The company’s inventory levels of unsold equipment have reportedly swelled to over $1 billion.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

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. The main responsibility of a materials manager is to source the right goods at a reasonable price. Sourcing and purchasing. Storage and inventory management.

Material Savings 98

Material Savings Purchasing Skills Manufacturing Procurement Negotiating Skills 98

GlobalTranz

JUNE 8, 2017

Big enterprises might not be that open to innovations but are hypersensitive to cost and resource savings. The cloud-based supply chain software can be customized to suit your industry, your transportation , freight-forwarding and warehousing specialty, import-export regulations. It also reduces your resources and improves processes.

Logistics Network Optimization Software 200

Logistics Network Optimization Software Resource Reduction Cost Reduction Strategies Modeling Software 200

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

Intelligent Audit

JANUARY 12, 2023

are sliding, freight rates are falling as a result,” according to an article in The Wall Street Journal and various other sources. Fewer resources spent on manual data entry. Analytics can show shippers the sources of repeat exceptions, enabling them to refine their hub injection strategies around reliable logistics partners.

Optimal Sourcing 52

Optimal Sourcing Analytics Software Optimization Software Logistics Network 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. The July PMI report further pointed to current inventory levels being at their lowest point in the history of this index, and based on July data, is still an ongoing process. Moeller Maersk last week.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Transportation Logistics Warehousing 52

The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

IDC expects spending on Digital Transformation (DX) on the top 5 use cases – smart warehousing, freight management, optimized operations, supplier network management, and predictive network inventory orchestration – to hit USD $33Bn in 2022. Source: 2021 FUTURE ENTERPRISE RESILIENCY & SPENDING- Wave 9, September 2021.

Predictive Analytics Software 246

Predictive Analytics Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 246

Supply Chain Collaborator

JULY 22, 2020

He shared that Barry had been having extreme difficulties sourcing and retaining inventory and had opted to hang it up. Modern supply chain management practices emphasize predictive analytics – analyzing prior operational data to intuit future resource planning. In the interim, more bike stores like Barry’s are likely to close.

Supply Chain Planning Software 108

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Demand Planning Software 108

Intelligent Audit

OCTOBER 27, 2022

What does that mean for a shipper dealing with hundreds or thousands of freight invoices monthly? . Shippers can get a handle on their expenses by tracking freight invoices and improving their logistics strategy. . Does the data come from a variety of different sources? Inventory Predictions.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

SCMDOJO

APRIL 15, 2024

Additionally, Amazon’s logistics services include transportation and warehousing solutions, allowing businesses of all sizes to leverage Amazon’s expertise and resources in streamlining their supply chain and improving their delivery capabilities. 2021: 1,608,000 Amazon Employees New hires: However, in 2022, they employed over 1.5

Logistics Network Optimization Software 82

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 82

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 Cost Reduction Strategies Manufacturing Procurement 52

GlobalTranz

APRIL 25, 2017

Partnerships reduce transportation costs through freight consolidation, appropriate freight classification and selection and increased scrutiny of billing and documentation practices. While many companies look for more supply chain savings and increase profit margins, the TMS remains a stable , reliable source of increased revenue.

Cost Reduction Strategies 156

Cost Reduction Strategies Resource Reduction Vendor Strategies Expense Reduction 156

Turvo

SEPTEMBER 16, 2021

Another study by the EPA, titled Fast Facts on Transportation Greenhouse Gas Emissions , noted that “according to the Inventory of U.S. Greenhouse Gas Emissions and Sinks 1990–2018 (the national inventory that the U.S. Reduce waste through real-time collaboration and inventory tracking at the order level regardless of location.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Analytics Software Supply Chain Network Software 70

GlobalTranz

AUGUST 6, 2018

The ongoing ledger provides an inexhaustible resource for analytics to improve risk management and disaster planning. Blockchain technology increases traceability, and knowing asset, as well as inventory or freight , location, can be used to reroute supply chain processes to reduce disruption caused by such events.

Resource Reduction 121

Resource Reduction Supply Chain Visibility Inventory Reduction Supply Chain Planning Software 121