Cerasis

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. What is Lean Inventory Management? Flow: Understand how inventory flows in your warehouse and apply Lean principle: 5S to clear any obstacles that do not add up.

Lean 263

Lean Inventory Six Sigma Inventory Management 263

Freightos

SEPTEMBER 8, 2020

And the lack of demand visibility is a big contributor to China-US ocean freight rates doubling to the West Coast since June, and passing $4,000/FEU to the East Coast – which was surprising as most analysts thought that rates and profits would freefall. Is ocean freight pricing broken?

Freight 170

Freight China Capacity Shipping 170

Cerasis

APRIL 27, 2017

How Big Is the Problem Of Inbound Freight Management? Inbound freight management is receiving a lot of attention as businesses continue to look for ways to manage shipping costs. Depending on the industry and size of the company, a business can spend more than 40% of its annual freight budget on inbound shipping, according to the Aberdeen Group, a research firm in Boston. A more efficient inbound freight program can minimize delays, save money and even reduce confusion.

Freight 188

Freight Boston Shipping Survey 188

CH Robinson Logistics

AUGUST 20, 2019

The retail industry is evolving and adapting to new consumer demands which is shifting the supply chain landscape. Retailers expect more supply chain visibility, shorter delivery times, and real-time connectivity from shippers and carriers. Compliance programs vary by retailer but the intent is consistent across the industry—have the right product in the right location at the right time while removing waste. Inventory management .

Retail 48

Retail Strategy Capacity Supply Chain Visibility 48

ToolsGroup

JANUARY 7, 2020

I think it’s time we started spreading the good news: when you harness demand and inventory planning to slash unnecessary expenses and improve service to customers, you also reduce waste and support sustainability. Having the right inventory in the right location brings a variety of waste-reduction benefits. The place to start for a more efficient inventory stocking strategy is better understanding your demand so you can precisely predict how much goods you need, where and when.

Inventory 139

Inventory Sustainability Real Estate Capacity 139

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. It includes the practice of having the right levels of inventory to meet your target service levels while keeping a minimum amount of capital locked for inventory.

Inventory Management 40

Inventory Management Inventory Forecasting Manufacturing 40

CH Robinson Transportfolio

NOVEMBER 4, 2020

You need a less than truckload freight management strategy. Why is LTL freight management important to your supply chain? Leveraging a suite of solutions for less than truckload (LTL) freight has become the cornerstone of successful supply chain strategies.

Freight 51

Freight Retail Supply Chain Strategy Strategy 51

ToolsGroup

MAY 17, 2016

For multi-channel retailers, it’s getting increasingly difficult to survive in “the Amazon jungle”. As Amazon invests relentlessly to boost its agility and drop its costs, retailers are also looking for ways to raise their game. Industry analysts have pointed out an obvious fit with inventory optimization. He says that the majority of omnichannel retailers use a hybrid strategy—filling online orders from both stores and distribution centers.

Omnichannel 160

Omnichannel Inventory DC Retail 160

Cerasis

SEPTEMBER 1, 2017

Controlling inventory flow is a top priority among warehouse managers, and gaining control over inventory drives warehouse efficiency. Controlling Inventory Flow Begins With Liquidate Nonessential Products. The first step to controlling inventory flow effectively is liquidation of all non-essential products, explains Paul Trujillo of Business2Community. While this may work for small businesses, it can be detrimental to the growing state of e-commerce in retail.

Inventory 232

Inventory Third Party Logistics Warehousing System 232

Cerasis

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. Distributors will inbound to a manufacturer the inventory needed and transportation management, especially inbound freight management, efficiency is paramount to an effective vendor managed inventory model.

Inventory 245

Inventory Lean Arizona Third Party Logistics 245

CH Robinson Transportfolio

APRIL 20, 2020

What Is Retail Consolidation & Is It Right for You? Handling ever-changing consumer and retailer demands can be overwhelming—especially if you’re working with multiple retailers across the country or the world. Maintaining inventory levels and optimizing order quantities, while keeping compliance requirements in mind, requires a strategic approach. What is a retail consolidation program? Retailer compliance programs are unique to each company.

Retail 34

Retail North America Beverage Shipping 34

Kinaxis

FEBRUARY 22, 2018

Among the many supply chain initiatives taking place today, vendor-managed inventory (VMI) has become an increasingly effective process and business model to help organizations share risk and information between vendors and customers — while benefitting from lower stockouts, reduced uncertainty and lower costs. A demanding distribution network comprised of producers, distributors and retailers. What is vendor-managed inventory? Maintaining optimum inventory levels.

Beverage 133

Beverage Inventory Case Study Distribution 133

Cerasis

AUGUST 28, 2018

Hello and welcome back to another episode of “The Freight Project Podcast!” On today’s episode, we welcome Margaret Bendis, US Marketing Specialist for a company called EazyStock a cloud-based software-as-a-solution (SaaS) that optimizes inventory management. We hope you enjoy “The Freight Project Podcast.” We’ll publish every Tuesday right on the Cerasis blog and Freight Institute. Inventory Management Logistics Podcast Supply Chain

Inventory Management 152

Inventory Management Tools Inventory eBook 152

Cerasis

SEPTEMBER 26, 2018

According to Logistics Management, more parcel carriers are moving heavier parcel shipments to less-than-truckload freight in e-commerce because they’re overwhelmed. This creates a wonderful opportunity for shippers to eliminate the middleman costs by considering the use of less-than-truckload freight options for e-commerce. Simultaneously, customers are growing to expect the same Amazonian delivery schedules from their favored retailers.

Shipping 159

Shipping Freight Comparison Packaging 159

RELEX Solutions

DECEMBER 3, 2019

Online stores — whether for a pure e-commerce retailer or as part of an omnichannel operation — allow retailers to offer customers a vast assortment that simply can’t be rivaled by traditional brick and mortar locations. Online retailers aren’t even physically limited by warehouse space, as not all products need to be stored in their own warehouses. E-commerce inventory management should never be approached as a one-time or even as a periodic decision.

Inventory Management 28

Inventory Management Real Estate Warehousing Policies 28

EFT

AUGUST 7, 2020

Factory closures, blank sailings, massive cuts to air freight, reduced warehouse capacity and more have hit business-as-usual and often turned carefully calibrated chains on their head. In his opinion the way you do that is “By putting inventory close to customers.

Inventory Management 62

Inventory Management Inventory Warehousing Forecasting 62

Unleashed

APRIL 15, 2020

All product-based businesses need to track the value of their inventory – and this goes double in a period of dramatic upheaval. The value of your inventory has likely changed thanks to the Covid-19 crisis, and you should consider revaluing it before you make any major business decisions. What is inventory revaluation? Inventory revaluation is the adjustment of the costs of inventory to reflect changes in the recorded cost. Your inventory becomes obsolete.

Inventory 56

Inventory Singapore Japan Food 56

Cerasis

JANUARY 21, 2015

Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. Vendor Managed Inventory Model for Supply Chain Cost Reductions. A means of optimizing Supply Chain performance in which the manufacturer is responsible for maintaining the distributor’s inventory levels. The distributor maintains the inventory plan.

Inventory 252

Inventory Supply Chain Conference Analysis 252

BlueYonder

MARCH 24, 2020

Softline retailers have been battling store closures and traffic declines in malls for several years. They have made moves to shift toward experiential retailers. Ultimately, softline retailers were just starting to see the light at the end of the tunnel… until COVID-19 coronavirus arrived. This is going to have several impacts to these retailers: Order visibility: How are retailers able to pinpoint the status and timing of their orders in their supply chain?

Retail 61

Retail Internet of things Inventory Forecasting 61

Descartes

FEBRUARY 21, 2019

What will be the impact of digital freight on freight brokers? Back in 2003, when RFID commercialization was accelerating out of MIT, major retailers announced an initiative that required all suppliers to tag pallet deliveries with RFID. Not only would receiving be streamlined, but companies would also have much greater visibility into real-time inventory, and barcodes were going to die.

Freight 163

Freight Capacity Innovation Inventory 163

EMERGE App

AUGUST 22, 2019

Not Another List of Inventory Management Techniques. I want to start by saying that this is not an exhaustive list of all the possible inventory management techniques available for all industries. Rather, it’s a carefully curated list of inventory management techniques that work for our wholesale and distribution customers around the world. What we will cover are practical inventory management techniques that: Our customers use; and.

Inventory Management 57

Inventory Management Inventory Currency Analysis 57

Talking Logistics

MARCH 20, 2019

The pace of change in today’s retail environment is faster than ever. E-commerce and shifting, more demanding consumer behaviors have led retailers to tighten requirements for shippers across the board. Penalties for late or partial shipments are steep and can make or break a shipper’s relationship with a retailer. Shippers can mitigate this challenge with a retail consolidation program. So what is a retail consolidation program? Retail consolidation programs.

Retail 94

Retail Automotive Predictive Analytics Omnichannel 94

PINC

MARCH 24, 2020

In an uncertain world where supply chain disruption is becoming a certainty, here’s how good inventory management enabled by automation can help companies gain the supply chain visibility they need to keep the wheels turning. ” Maintaining the Right Inventory Balance. “To guard against disruption, some retailers hold safety stock or excess raw materials,” Sourcing Journal states. and other retail locations at record speeds.

Apparel 100

Apparel Inventory Beverage Supply Chain Disruption 100

Talking Logistics

AUGUST 13, 2018

Companies across all industries are dealing with rising transportation costs and a key question many CEOs, CFOs, and supply chain executives are asking is, “What can we do to better manage and control our freight spend in today’s market?” Rising Freight Spend . With the rapid rise in omnichannel shopping and the need to fulfill those orders quickly, retailers must balance inventory positioning, the labor cost to fulfill the orders, and transportation costs.

Freight 76

Freight Omnichannel Packaging Metrics 76

CH Robinson Transportfolio

APRIL 23, 2019

Retailers are keenly aware that failure to keep pace with industry change is not an option, as evidenced by continued store closings and retail bankruptcies. Retailers’ concession to consumer demands are having a ripple effect along the supply chain. Unable to pass shipping costs on to consumers accustomed to free shipping, retailers must be as efficient as possible within this vast and complicated network. . Supply chain as a retail strategy.

Reverse Logistics 34

Reverse Logistics DC Retail Meeting 34

Talking Logistics

JANUARY 9, 2019

With the national warehouse vacancy rate hovering at record lows and warehouses bloated with inventory pulled in from China during 2018 to get ahead of impending tariffs, companies can combine flexible storage options with advanced technology to create an end-to-end supply chain solution that works. But even as developers have flooded the market with new inventory, some retailers are still having trouble finding adequate, flexible space. The post Excess Inventory?

Inventory 68

Inventory Warehousing Real Estate China 68

Logistics Bureau

SEPTEMBER 28, 2020

The key difference between the two can perhaps be explained in the following example: A 3PL provider working with a paint manufacturer may package and store products as well as transport them to retailers and/or customers. 3) Ecommerce and Multi-Channel Retail. Retail and consumer.

Third Party Logistics 76

Third Party Logistics Phoenix Company Australia 76

Unleashed

APRIL 3, 2020

All product-based businesses need to track the value of their inventory – and this goes double in a period of dramatic upheaval. The value of your inventory has likely changed thanks to the Covid-19 crisis, and you should consider revaluing it before you make any major business decisions. What is inventory revaluation? Inventory revaluation is the adjustment of the costs of inventory to reflect changes in the recorded cost. Your inventory becomes obsolete.

Inventory 40

Inventory Singapore Japan Food 40

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. In this article, we review some ways in which inventory management and accuracy can be improved, especially if you have a lot of stock and are feeling overwhelmed. You then need to resolve any inventory discrepancies that arise.

Inventory 60

Inventory Software Data Supply Chain 60

Supply Chain Game Changer

MAY 20, 2020

Freight market article and permission to publish here provided by Kevin Jessop at cerasis.com. Meanwhile, the global air cargo volume has dropped significantly, explains Greg Knowler, JOC Senior Editor , “up to 5,000 tons of cargo in air freight from China to the U.S. It is a grand irony that this black swan event has stimulated a run on grocers and retail that’s reminiscent of the bank run during the Great Depression. The post The State of Uncertainty in the Freight Market!

Cargo 43

Cargo Freight Military Reverse Logistics 43

Unleashed

JANUARY 5, 2021

Inventory management is a critical function of any business, with drastic implications on profit margins. Inventory turnover is a key formula that’s often discussed in the context of inventory management efficiency, and crops up in most types of inventory report.

Inventory 55

Inventory How To KPI Metrics 55

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. However, systems used to manage inventory refer to the combination of technology, including hardware and software, for the following: Product identification Product matching to orders Data analysis Product labeling and management Documentation Reporting . Challenges of Limited Inventory Management Capabilities.

Inventory Management 46

Inventory Management Omnichannel System Inventory 46

Vinculum

APRIL 2, 2020

The advent of online shopping lead to a significant shift in the market structure and retail spaces. It brought about a revolution in the area of retail management for specialty retailers who had unique and competitive ideas but did not have the required floor space to execute the plans. Present Retail Trend. However, logistics is one of the areas where complexity arises as one moves from physical retail to e-commerce.

Third Party Logistics 40

Third Party Logistics Reverse Logistics 3PL Retail 40

Veridian Solutions

FEBRUARY 6, 2020

An order management system (OMS) is the system of record for maintaining orders and handling inventory. In the omnichannel supply chain , order management improvement leads to confident inventory management across all channels. Order management begins with visibility, and visibility promotes improvement within inventory management. Channel integration offers benefits that go well beyond just easier management of inventory and systems.

Omnichannel 40

Omnichannel Analytics Company Retail 40

CH Robinson Transportfolio

APRIL 23, 2019

Retailers are keenly aware that failure to keep pace with industry change is not an option, as evidenced by continued store closings and retail bankruptcies. Retailers’ concession to consumer demands are having a ripple effect along the supply chain. Unable to pass shipping costs on to consumers accustomed to free shipping, retailers must be as efficient as possible within this vast and complicated network. . Supply chain as a retail strategy.

Reverse Logistics 34

Reverse Logistics DC Retail Meeting 34