Logistics Viewpoints

OCTOBER 7, 2022

Earlier this week, I read a sobering report from the national Retail Federation (NRF) regarding shrink. The recently released National Retail Security Survey shows that total shrink in 2021 reported by retailers is now almost a $100 billion problem. Most reported in-store, e-commerce, and omni-channel fraud are all on the rise.

Logistics Network Optimization Software 185

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Unleashed

OCTOBER 6, 2021

Another technique you can use is to audit existing relationships with suppliers to ensure transactions are running as smoothly as possible – a method used by business and government organisations alike. Using this strategy improves efficiencies in product delivery, frees up capital and reduces warehousing costs.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

ToolsGroup

APRIL 1, 2022

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Following the outbreak of Covid-19, 93% of senior supply-chain executives reported their intent to make their supply chains more flexible, agile, and resilient. Chain Store Age ).

Material Savings 207

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HICX Solutions

AUGUST 11, 2021

SXM Webinar Series with Art of Procurement. In the first of a three-part Art of Procurement Live Webinar Series ‘Putting the Supplier Experience at the Forefront of Strategic Procurement’ in partnership with HICX, we focus on how to make the business case for Supplier Experience Management (SXM). .

Procurement Analytics 52

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Unleashed

JUNE 15, 2023

The Cost of Goods Sold formula is: Opening Inventory + Purchases + Production Costs – Closing Inventory = Cost of Goods Sold Below, we explain what the cost of goods sold (COGS) is, why it’s important for product businesses, and how to calculate COGS using the cost of goods sold formula.

Purchasing Skills 52

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ShipBob

NOVEMBER 15, 2021

Through logistics planning, these systems and functions are evaluated for cost, optimized for efficiency, and designed to withstand unexpected challenges. Additional tools like free standard packaging, data and analytics, and our best-in-class software are included at no extra charge to help you stay on budget and plan your logistics.

Supply Chain Planning Software 98

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Unleashed

APRIL 12, 2023

Conversely, B2C order fulfillment offers rapid, low-cost, and often free, shipping. B2B procurement contracts can last for prolonged periods and be worth millions of dollars. B2C may result in a one-time only purchase by a customer compared to long-standing orders for B2B fulfillment.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Management Software Supply Chain Design Software Supply Chain Software 52

Enterra Insights

SEPTEMBER 28, 2020

… With an ever-complex consumer purchasing path, it can be difficult for a brand to know where exactly to adjust their efforts. Data and advanced analytics. Data analytics and cognitive risk sensing are becoming increasingly important tools for organizations.” ”[2]. CPG industry and cognitive technologies.

Data 100

Data Analytics Software Supply Chain Design Software Sourcing Strategies 100

Logistics Viewpoints

NOVEMBER 21, 2022

On November 4 th , I interviewed Jim Andrew, the Chief Sustainability Officer at PepsiCo, about their environmental, social, and governance (ESG) program. 294 manufacturing facilities produced more than 90 million metric tons of food and beverage in 2021. Scope 2 emissions are indirect emissions from purchased energy.

Supply Chain Design Software 188

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American Global Logistics

OCTOBER 25, 2023

This report has logistics-specific indicators critical to your business. Key Economic Indicator #4: Employment or the National Employment Report The ADP National Employment Report is a monthly economic data release by Automatic Data Processing (ADP), a leading payroll services company. Then we’ll analyze the LMI index.

Price Reduction 52

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Unleashed

FEBRUARY 21, 2024

Returns management is the process which governs returned goods from customers. If you’re selling products, your customers should feel confident that they can negotiate with you in the event their purchased goods arrive damaged, incorrect, or are no longer required. In this returns management guide What is returns management?

Inventory Management Software 52

Inventory Management Software Inventory Reduction Cost Reduction Strategies Material Savings 52

Supply Chain Game Changer

FEBRUARY 15, 2022

For many people who work in Supply Chain Management, or for those on the outside, it functions on the foundation of processes, formulae, and metrics. I had learned deep analytical skills, organizational and planning skills, learning abilities and more. Creating a High Performance Organization! Infographic).

Supply Chain Design Software 92

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Unleashed

APRIL 3, 2023

You can easily add inventory items to invoices, run data analyses to better understand product popularity, and create simple reports combining stock and financial information. It’s possible to eventually run out of data storage space or start relying on too many APIs and integrations to perform necessary tasks.

Inventory Management Software 52

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BlueYonder

MAY 22, 2020

Stay-at-home orders and social distancing altered consumer patterns almost overnight, changing what people buy, where it’s purchased, and, as a result, how it is delivered. Other players are being forced to lease or purchase additional warehouse space to fulfill surge demand.

Cost Reduction Strategies 88

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Supply Chain Game Changer

NOVEMBER 16, 2018

In the situation I was in there were obviously no metrics that were being reviewed and used. There are many metrics that are very helpful including: Cash dollars and days of supply. Inventory dollars and days of supply, and purchase orders outstanding. You do not want to track these metrics only looking in the rear view mirror.

Procurement Analytics 53

Procurement Analytics Inventory Reduction Metrics Forecasting 53

SCMDOJO

AUGUST 16, 2023

Read More: ERP Master Data: A Guide to Improve Quality & Governance ] Role of Data Analysis through Barcode Scanning and Point-of-Sale Systems Data analysis is at the core of Walmart’s supply chain prowess. Walmart’s emphasis on direct procurement is further bolstered by the use of technology and information systems.

Inventory Reduction 74

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Resilinc

NOVEMBER 14, 2023

Resilinc’s Rick Freeman weighs in on the future opportunities for high-tech and semiconductor companies Despite the stabilization of the high-tech and semiconductor supply chain, the industry still faces pressure due to ongoing import/export restrictions and changing regulations governing semiconductor production and sourcing.

Supply Chain Strategy 58

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Supply Chain Game Changer

MAY 5, 2020

Despite the numerous government support packages businesses, as well as individuals, need help on how to aggressively manage their cash flow just to survive this pandemic. If you are looking to improve dozens of processes and metrics you will get stuck in the weeds. Government stimulus programs may be of assistance.

Expense Reduction 85

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Enterra Insights

SEPTEMBER 15, 2020

He now predicts, “The coronavirus pandemic will accelerate the digitalization of the world at all levels, from trade and education to government and work habits.”[2] Few analysts question the fact that consumers are increasingly taking the digital path to purchase — which increases the importance of omnichannel operations.

Omnichannel 100

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Supply Chain Game Changer

NOVEMBER 10, 2018

On the supply side, however, there is less and less room for manufacturers to absorb additional costs as volatile input prices put the squeeze on margins and the marketing investment required to differentiate branded products from private-label competitors continues to rise. How to overcome these potential conflicts?

Optimal Sourcing 66

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Unleashed

MARCH 14, 2021

It can require a team in the receiving country making sure products are delivered to the right warehouse and stored correctly, a dedicated team to oversee customs and more. Instead of a dedicated team managing supplier relationships, it might be the procurement manager who manages that as part of their role. Your Questions.”

Supply Chain Software 97

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Zipline Logistics

JUNE 30, 2020

The metric is used to establish pricing for a transported order. Distributor — A third-party that purchases products to resell to a retailer. EDI is used to exchange documents like purchase orders and invoices. Landed Costs — The cost of product combined with additional logistics costs.

Supply Chain Planning Software 52

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6 River Systems

JUNE 29, 2020

Warehouse managers face numerous challenges, as well, such as the need to keep goods flowing in and out of the facility while enabling associates to practice social distancing measures. “Additionally, a review of reporting procedures can act as a safeguard against corruption throughout operations.

Supply Chain Planning Software 116

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RFgen

APRIL 20, 2023

The ability to update Oracle Cloud as work occurs is an essential best practice for accurate tracking and reporting. While mobile is not a cure-all, it can help alleviate bottlenecks, free up manpower, and automate otherwise laborious tasks with cost-effective solutions and fast ROI. The future of your business could be at stake.

Inventory Management Software 52

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RFgen

MAY 5, 2016

CNN reported that CRF Frozen Foods expanded their voluntary recall of products in May 2016. A Tyco Security food defense report found that once consumers hear a product is recalled, 15 percent of them will never purchase that item again. Costs extend beyond the company’s personal expenses.

Food 52

Food Manufacturing Procurement Inventory Management Software Procurement Analytics 52

RFgen

MAY 5, 2016

CNN reported that CRF Frozen Foods expanded their voluntary recall of products in May 2016. A Tyco Security food defense report found that once consumers hear a product is recalled, 15 percent of them will never purchase that item again. Costs extend beyond the company’s personal expenses.

Food 52

Food Manufacturing Procurement Inventory Management Software Procurement Analytics 52

Logistics Bureau

DECEMBER 18, 2017

These responsibilities extend across functions and when properly exercised, comprise supply, demand, distribution, production, purchasing and capacity planning. Good inventory planning is based on the effective integration of processes, governance, people, and technology. Governance and Process. Technology and People.

Supply Chain Planning Software 40

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Locus

DECEMBER 15, 2022

As a result, it increases your warehouse storage and delivery logistics costs. Custom delays like flight delays, customs procedures, the intervention of government authorities or port congestions could result in delays. Remember that a memorable customer service experience can influence a consumer’s purchasing decisions.

Real-time Visibility 52

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NC State SCRC

DECEMBER 28, 2015

This creates a “double whammy” effect, in that digitization is driving up the need for analytics but to truly find collaborative solutions that rely on new technology solutions, companies will need to find ways to partner. Prediction 1 – Supply Chain Analytics Will Become More Predictive (Not Backward Looking).

Predictive Analytics Software 40

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6 River Systems

JUNE 10, 2019

“It sort of depends upon what we are purchasing from the supplier as to the approach we should take…” Commodity Strategic The first level, for components or typical commodity type products, we will at least want to perform a supplier evaluation of some sort. Some strategies for an excellent supply chain are: 1.

Sourcing Strategies 88

Sourcing Strategies Vendor Strategies Inventory Reduction Cost Reduction Strategies 88

Invata Intralogistics

SEPTEMBER 9, 2020

In comparing a traditional goods-to-person (GTP) station to an automated mobile robot (AMR) supported GTP (as shown above), we found significant increases in efficiencies in key metrics including the: Number of orders that can be filled at one time. Can be implemented without changes to an existing warehouse. Think returns processing.

Supply Chain Software 90

Supply Chain Software Modeling Software Supply Chain Planning Software Demand Planning Software 90

6 River Systems

APRIL 4, 2019

Logistics technologies such as robotic warehouse systems make automation a reality, while drones improve last-mile delivery capabilities and better tracking with tools like RFID tags improve visibility throughout the supply chain. These technologies also contribute to a rise in big data and analytics in the logistics field.

Logistics Network Optimization Software 76

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GlobalTranz

NOVEMBER 17, 2016

True, they may know how to roll out big data in a single warehouse, or they may have heard their competitors used branded systems for implementing this new technology. The most common complaint of newer companies using big data analytics capabilities tends to revolve around traditional questions of business strategy. Demand forecasts.

Supply Chain Design Software 120

Supply Chain Design Software Big Data Supply Chain Software Continuous Improvement 120

Unleashed

SEPTEMBER 30, 2020

However, the Covid-19 pandemic has put a damper on the industry since March 2020, with government-imposed restrictions limiting on-trade sales. Stats NZ has reported the volume of high-strength beer (more than 5% ABV) available for consumption has increased by 21% in five years. Craft beer production in Australia has grown 6.2%

Price Reduction 104

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Logistics Viewpoints

JULY 21, 2023

While still in the early stages of development, the emerging technology will instantly transport an item once it is picked at a warehouse or store to your living room. As of Wednesday afternoon, it is off, within hours of the International Longshore and Warehouse Union (ILWU) calling it on.

Logistics Network Optimization Software 193

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GlobalTranz

FEBRUARY 10, 2017

Government Pressures Will Catalyze Major Decisions. He has threatened to unwind major trade agreements, penalize logistics companies that move operations overseas, including manufacturing and warehousing services, and stifle companies’ plans for growth in emerging markets. Remember the Amazon Barbell?

Third Party Logistics 120

Third Party Logistics Logistics Network Optimization Software Procurement Analytics Purchasing Skills 120