Remove Freight Remove Procurement Remove Sourcing Remove Warehousing

50 expert warehouse optimization tips and techniques

6 River Systems

Optimizing your warehouse means examining every corner of your infrastructure and every facet of your workflows and processes to identify and correct inefficiencies. Not only does warehouse optimization result in a healthier bottom line, but it also improves key warehouse metrics like accurate orders and on-time delivery. Of course, warehouse optimization isn’t something you do just once; it’s an ongoing process, and a complex one at that.

Procurement – How to Enable Spend Aggregation!

Supply Chain Game Changer

Check out Procurement: The Spend Aggregation Obstacle Course! Aggregating your procurement spend for the purpose of delivering greater value is a sound objective. We discussed these in greater detail in our post Procurement (Part 1!) – The Spend Aggregation Obstacle Course! I have been in the Procurement organization trying to get our arms around spend. This may be the head of Procurement, the CFO, the COO or the CEO. Subscribe Here! Email Address.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

What’s the Difference Between Freight Management and Logistics Management?

Supply Chain Game Changer

In business it is not uncommon to hear the words “Logistics Management” and “Freight Management” thrown around interchangeably. “Logistics” and “Freight” both conjure up imagery associated with the movement and transportation of goods whether by truck, car, rail, ocean liner or any other form of transportation. What is Freight Management? But what activities are thus considered to be a part of Freight Management?

Procurement Challenges Condensed

Claritum

Claritum Article - Procurement Blog. I took on the challenge of writing a condensed version of all the current Procurement challenges. I believe the issue with these articles is the broad range encompassed by the word Procurement and the constant change within this domain. To my mind, your challenges depend on where you are in transformational change within your organisation, the scope of your function within Procurement and the nature of the organisation’s supply chain.

Blockchain in freight forwarding – Is it the next big thing?

20Cube Logistics

Supply chain involves procurement, creating orders, packing, shipping and distribution of goods, etc., Well, with so much complexity, one would certainly require a reliable and transparent source to carry such enormous data and activities. Basically, blockchain is a record-keeping mechanism which makes business easy and safe on the internet by increasing transparency and providing end-to-end visibility from order to warehousing to delivery to payment.

What Exactly Is Supply Chain Management? 10 Different Definitions!

Supply Chain Game Changer

Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more. I worked in Materials Handling, Packaging Engineering, Warehouse Space Planning, Resource Planning, Procurement, Inventory Management and Control, Production Control, Systems Management and other areas. Source: [link] ). Source: [link] ). Subscribe Here!

Why is Supply Chain Such a Great Career Path?

Supply Chain Game Changer

SCM encompasses the integrated planning and execution of processes required to optimize the flow of materials, information and financial capital in the areas that broadly include demand planning, sourcing, production, inventory management and storage, transportation — or logistics — and return for excess or defective products. These jobs could involve working in a Warehouse, Distribution Centre, Manufacturing operation, or in an Office environment, or all of the above.

SCM 84

Logistics Cost Reduction: 6 Focuses to Create More Profit

Cerasis

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. Productivity increases from wearable voice command tools can increase factory warehouse efficiencies up to 30 percent, according to an article in Supply Chain Management Review.

5 Ways Temperature Controlled Shippers Can Boost Supply Chain Efficiency

CH Robinson Transportfolio

The increased need for adaptability and agility sums up what nearly everyone is feeling these days—this is particularly true for companies shipping temperature sensitive freight when timing is critical. Freight and Transportation Services Temperature controlled Truckload services

Are We Facing the End of Supply Chain Management?

Supply Chain Game Changer

Blog post originally published by, and permission to publish here provided by, Argentus at [link] , a boutique recruitment firm focused on Supply Chain and Procurement. Automation has eliminated a number of blue-collar supply chain jobs in warehouses and distribution centres, and driverless trucks stand to transform the logistics field, eliminating the need for millions of truck drivers. Argentus is a boutique recruitment firm focused on Supply Chain and Procurement.

Supply Chain Risk Management is a Cirque Du Soleil Calibre Act!

Supply Chain Game Changer

A predominant issue is having single, or sole, sourced parts. If the supplier provides materials that can be sourced elsewhere then you have a path to developing a contingency plan. Their Sales teams will want to pad forecasts and hedge demand but their Procurement teams will want to give you forecasts that they are more confident in. Trade wars , tariffs, and demands for the repatriation of manufacturing jobs are central to Supply Chain sourcing activities.

21 logistics experts share the most important ingredients in developing an effective logistics strategy

6 River Systems

Statista found that 73 percent of buyers and users of freight transportation and logistics services say the COVID-19 pandemic had an impact on their logistics and supply chain operations. The number and locations of required warehouses, distributors, etc. Warehouse Operations

Multimodal 2015 – Advanced Supply Chain Management and Logistics for Cargo Owners

Supply Chain Movement

Entering its eighth year, Multimodal has grown to become the UK and Ireland’s premier freight transport and logistics event. Exhibitors at Multimodal represent every logistics sector – road, rail, aviation, maritime, warehousing, storage services. Shipping Managers, Procurement Directors, Distribution Managers, Traffic Managers, Logistics Directors, SCM Directors, Sourcing Managers, Transport Managers and Supply Chain Directors from: Major High Street and Online Retailers.

Overcome Foodservice Disruptions: Focus on Technology, Service Networks, and Transportation

CH Robinson Transportfolio

Accordingly, carriers are selective about freight. Overly complex or challenging freight needs are passed over in favor of simpler freight. As you optimize warehouse and inventory strategies, you may naturally discover that your transportation strategies also require an update.

How Artificial Intelligence is Boosting Supply Chain Performance

Logistics Bureau

By integrating AI technology, new platforms are enabling companies to streamline their transportation systems and cut the costs of freight. Warehouse Management Systems. Procurement Communications. Making pick-to-light warehouse systems more efficient.

28 supply chain professionals share the biggest challenges of supply chain management

6 River Systems

Our supply chain involves a contract manufacturer, a third-party testing facility, warehouses to store inventory and a freighting company. For example, if my contract manufacturer is late with an order it can cause me to incur excess costs with the freighting and warehousing companies, respectively. This initially necessitated the expansion of our warehousing provision, revision of our stock rotation and warehousing policies and associated costs, which we had to bear.

Screen Time! Is That Enough To Be Good In Supply Chain?

Supply Chain Game Changer

There are over 4 Billion internet users worldwide spending over 6 hours per day on their devices (Source: [link] and [link] ). The number of IoT (Internet of Things) Connected devices is expected to grow from 23 Billion in 2018 to 31 Billion by 2020 and up to 75 Billion devices in 2015 (Source: statistic.com). I have spent a phenomenal amount of time in Warehouses, on Manufacturing floors, in Distribution Centres, at Supplier locations, and in Customer offices.

Video 46

50 expert tips on logistics planning and strategy

6 River Systems

Implement supply chain actions, including with internal procurement teams, with suppliers and through broader collaboration, and develop measurable targets for these efforts. “Users can easily now look at your global or regional supply situation and quickly source alternates when required, but the key here is to practice your response. “As for your internal systems, real-time inventory management helps you manage your fulfillment warehouses. Warehouse Operations

ThankX Delivery Services!

Supply Chain Game Changer

From local corner stores and delis, to Whole Foods locations/warehouses in Philadelphia – ThankX expounds the message of personal delivery via giving back in a gracious manner. The Creator (God) is the greatest source of energy that there is. Subscribe Here! Email Address.

36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

With how quickly new technology, tips and warehouse management techniques are emerging, wouldn’t it be nice to take a page from someone else’s book? Bed Bath & Beyond @BedBathBeyond Bed Bath & Beyond has discovered a way to save millions of dollars on freight over the next few years, thanks to a new 755,000 square-foot distribution facility slated to open in the fall of 2019. In 2018, Wayfair expanded its warehouse and logistics investments in the U.S.

5 ways ERP improves inventory visibility in your supply chain

OptiProERP

Whether it is about inventory in transit, in a warehouse or in distribution centers, visibility is a must. When stock is optimized in the right manner, routine inventory audits are done on time, inbound, outbound, warehousing, and in-transit movements are tracked meticulously. Inventory visibility ensures that your capital is not sitting on warehouse shelves instead of being used in your operations. Receive Sales Orders from multiple sources and automate the process.

Surviving Disruptions – an opportunity for supply chains to thrive with people and technology – LogiSYM July 2020

The Logistics & Supply Chain Management Society

This has proved to be a major source of risk. Poor business continuity planning, lack of risk management programs and single source suppliers, have magnified the impact of such risks. A significant paradigm shift in procurement and inventory control is an emerging area of focus.

UAE 198

Artificial Intelligence is Driving Real Supply Chain Improvement

Logistics Bureau

Statistic: Companies that use TMD applications have achieved freight cost savings of up to 8%. Source: ARC Advisory Group Strategic Report. However, with the integration of AI technology, new platforms are taking TMS capabilities to unprecedented heights, offering even more potential for companies to gain efficiency in transportation and reduce freight costs. Integrated AI in Warehouse Management Systems. AI as an Aid to Procurement Communications.

The Transportation Supply Chain: Transportation’s Role in Supply Chain Management to Lower Total Costs

Cerasis

Everything from sourcing raw materials, manufacturing, to the sales channels which feed supply for a finished product are essential factors. This requires a new broad look at the business of transportation supply chain, including supply chain management, logistics, & procurement. Freight transportation costs in the United States amount to about 6% of the GDP, which means that a large portion of a company’s supply chain costs come from transportation.

How Product Design Impacts the Supply Chain

Logichain Solutions

Collaboration between marketing, product development, finance, procurement and supply chain teams saves costs along the value chain and gives your brand a competitive advantage. Sourcing. Most warehouses have standardized rack dimensions and store products on pallets.

Using Digital Supply Chain Planning to Respond to Market-Changing Disruptions like COVID-19

ToolsGroup

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. 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.

QAD Supplier Portal: An Introduction

QAD

Manufacturers are realizing the benefits of tightening relationships with suppliers to better manage the procurement of goods and lower supply costs. Manufacturers we work with often mention their desire for a single source of truth that improves decision-making with suppliers, based on the same set of information. Along with the global and swiftly changing nature of sourcing, inbound supply challenges include: Carrying too much inventory to address potential supply disruptions.

Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. That said, implementing Lean concepts would undoubtedly be part of that strategy, for example, - Lean Warehousing : Many firms (both retailers and manufacturers) are now aggressively rolling out Lean in their warehouse operations. Having the right warehouse management system in place will also achieve this.

Global 216

Experts Unfold Top Supply Chain Technology to Watch

Supply Chain Opz

Consider the following – all in one integrated solution: - full functionality SaaS TMS operational in large scale in all major global regions - a fully integrated global network of carriers across all modes - seamless integration to global trade compliance - automated customs documentation and filing; and - all of this deployed via a SaaS/Cloud solution 80+% of your global carriers and freight forwarders are already in the network. Business environment changes quickly.

6 Key Supply Chain and Logistics Trends to Watch in 2017

Logistics Bureau

Key Logistics Trend #1: Warehouse Robotics in the Supply Chain. Automation is already well-established in many distribution centres around the world, but for most, it is limited to workflow automation managed by increasingly advanced warehouse management systems. The situation is changing however, as more and more MHE manufacturers bring warehouse robotics to market.

How Product Design Impacts the Supply Chain

Logichain Solutions

Collaboration between marketing, product development, finance, procurement and supply chain teams saves costs along the value chain and gives your brand a competitive advantage. A product might be attractive for customers but drive unnecessary supply chain costs because of the impact the product design has on sourcing, packaging, production, warehousing and transportation. Sourcing. Most warehouses have standardized rack dimensions and store products on pallets.

How Product Design Impacts the Supply Chain

Logichain Solutions

Collaboration between marketing, product development, finance, procurement and supply chain teams saves costs along the value chain and gives your brand a competitive advantage. A product might be attractive for customers but drive unnecessary supply chain costs because of the impact the product design has on sourcing, packaging, production, warehousing and transportation. Storage Most warehouses have standardized rack dimensions and store products on pallets.

How Product Design Impacts the Supply Chain

Logichain Solutions

Collaboration between marketing, product development, finance, procurement and supply chain teams saves costs along the value chain and gives your brand a competitive advantage. A product might be attractive for customers but drive unnecessary supply chain costs because of the impact the product design has on sourcing, packaging, production, warehousing and transportation. Storage Most warehouses have standardized rack dimensions and store products on pallets.

How Europe is Coping with Supply Chain Disruption

Jaggaer

Define your procurement response strategy. Yet with the autobahns, motorways and highways largely free of traffic apart from freight, goods are generally getting through and we are yet to see long-term shortages of food and other essential items. On top of this, a growing number of truck and van drivers are off work, often with symptoms of the virus, while many warehouse workers are unhappy about the risks posed. Adapting to the present and future challenges of COVID-19.

Strong Supply Chains Required For an Economic Rebound: Six Steps To Take

Supply Chain Shaman

My first focus was on China sourcing. The healthcare value chain was slow to respond—the majority of Personal Protective Equipment (PPE) was in Chinese warehouses. China was the source of over 90% of PPE.) 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. Explore alternative analytics and data sources to eliminate black holes.