20 warehouse professionals and business leaders reveal the single most important first step when designing a warehouse layout

6 River Systems

There are many factors to consider when designing a warehouse layout, and every design decision can have a significant impact on operational efficiency. Curtis Barry & Company , labor comprises more than half of a warehouse’s total operations costs. A poorly designed warehouse floor plan means warehouse associates must walk longer distances to accomplish tasks, resulting in wasted time and resources. Warehouse requirements do not denote storage alone.

Assessing the True Return of Procurement Transformation on Total Shareholder Return: A Tough Proposition

NC State SCRC

In my earlier book with Gerard Chick on “ The Procurement Value Proposition “, we advance the notion that buildoing a business case for investing in people, process, and technology improvement in procurement is key. Many procurement assessments developed by consultants seek to provide an answer to the question “how far along are you relative to your peers in your procurement transformation journey”, and “which processes are lagging compared to your peers?”

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The Effects of a Recall Can Be Minimized With a Connected Supply Chain

DynaSys

If the supply chain processes are not connected from the beginning to the end of the entire procurement, manufacturing and distribution processes, or “field to fork”, you will have a bumpy road. It is the only way to accurately know where inventory is located at all times and to determine if that inventory is being stored and moved within the proper guidelines to minimize compromises of any kind. It seems like there are more product recalls now than ever before.

Green Logistics: How to deliver efficiently while minimizing carbon footprint

Abivin

As the logistics process includes transportation and resources, the whole process also needs some other major activities like inventory management, procurement, warehousing, order fulfillment and distribution. According to ISO 14000 standards, it provides a guideline for the company that it needs to improve and systematize its environmental management efforts.

SAP to Expand Cloud Presence with Acquisition of Ariba

Supply Chain Network

The acquisition will also significantly boost SAP’s cloud applications portfolio with the addition of Ariba’s leading cloud-based procurement solutions. Industry experts estimate the cloud-based enterprise network and procurement segment at a current size of $5 billion in revenue. Emerging Trends Information Technology News & Info Procurement Professional Communications Spend Management Supply Chain Management SAP AG (NYSE: SAP) and Ariba, Inc.

From soba to udon—Are the noodles in the FTA bowl getting too thick? – LogiSYM December/January 2021

The Logistics & Supply Chain Management Society

There are however many other companies that do not trade tangible goods across borders but may be able to benefit from provisions on services, investment and government procurement etc.

26 supply chain pros reveal the single most effective way to create a winning supply chain strategy

6 River Systems

You also have to consider storage costs, warehouse maintenance costs, ordering new items, packaging, vendor costs — all these require spending money. If the right technology is infused with your warehouse and inventory management processes, it can greatly streamline your entire operations and grant value to your organization. It will also track your goods right from the moment an order is received, its journey through the supply chain until it leaves the warehouse for shipping.

10 Commandments of Inventory Management

Supply Chain Opz

Then, general guidelines for level of forecast can be found as below, - If your customer doesn''t share demand forecast with you, use your own historical data to make a forecast at SKU level - If you get POS data from customers, use it to make forecast at SKU/store level. 10) Streamline warehouse operations Since the variability of order cycle time is high in some situations, reducing cycle time inside the warehouse is strategically important.

8 key benefits of effective supply chain management

6 River Systems

Data-driven SCM provides visibility from end to end for monitoring the flow of information, services and goods from procurement to manufacturing and delivery to the end consumer. Likewise, process guidelines can help suppliers comply with your company’s quality requirements. Warehouse fulfillment costs contribute significantly to overhead. Warehouse Operations

10 Inventory Management Hacks You Can Do in 10 Days

Supply Chain Opz

Then, general guidelines for level of forecast can be found as below, - If your customer doesn''t share demand forecast with you, use your own historical data to make a forecast at SKU level - If you get POS data from customers, use it to make forecast at SKU/store level. 10) Streamline warehouse operations Since the variability of order cycle time is high in some situations, reducing cycle time inside the warehouse is strategically important.

3PLs and the Trials of COVID-19

BlueYonder

Other players are being forced to lease or purchase additional warehouse space to fulfill surge demand. In addition to establishing company-wide policies, 3PLs must adhere to applicable state and local guidelines for each of their locations. Even as infection curves flatten and government guidelines continue to relax, it will be necessary to keep many of these protective measures in place. By Kirk Waldrop & ElMarie Hugo.

50 expert tips on supply chain management

6 River Systems

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. If you haven’t developed any KPIs or monitoring processes, start thinking through what measures define success or failure, and how Procurement can go about confirming a supplier stays on track. Stores may have to quickly be stood up for curbside and BOPIS depending on shifting COVID-19 guidelines.

50 expert tips on supply chain optimization

6 River Systems

Supply chain optimization, however, is complex, encompassing everything from warehouse operational performance to logistics planning and more. Keep in touch with cross-functional colleagues. “Whether you’re in procurement, supplier quality, production control or logistics, supply chain is only one ingredient in the pie of successfully bringing a product to market. Warehouse Management

Why investors are looking at supply chain technologies in 2020

Requis

Insiders joke (quite fairly, as it turns out) about billion-dollar procurement-management-disposition cycles that are managed in spreadsheets. In the procurement space, what I want to be able to assess is risk management.

Adapting Pharmaceutical Companies’ Distribution and Supply Networks

Jaggaer

For more on pharmaceutical procurement, register for our upcoming webinar. To make sure product safety is guaranteed, consider warehousing conditions which should at minimum include regular audits of the premises, strict temperature monitoring and equipment obligations. In the US, the Drug Supply Chain Security Act (DSCSA) was updated in 2017 to require compliance with FDA labeling guidelines.

What are the 3 Decision Rules for Inventory Control?

Unleashed

Therefore, it is important to establish a set of guidelines to improve inventory decisions and optimise inventory control. The main objective of inventory control is to reduce procurement costs as much as possible while managing the holding costs to keep inventory stock on your shelves. The variables of inventory control can include product cycle time from the supplier to your warehouse and the level of buffer stock necessary to protect against supply chain complexities.

TSC’s Best Supply Chain Resources – 2014

OneSCM

Unfortunately, even if you can strengthen relationships between purchasing managers & sales executives, and recognize the opportunity to simplify common procurement tasks, you still have quite a few obstacles to overcome before any initiatives will be put into action… 7 Steps to Easy Supplier Onboarding 3/17/2014. You can build and deploy the best supplier collaboration tool available, but if your vendors are not onboard it’s as useful as an empty warehouse.

The Beginner's Guide to Inventory Control and Management

Supply Chain Opz

However, we can provide some guidelines as below, - Forecast at the right level: Standard inventory control textbooks suggested that forecast be done at a product family level. It's sometimes called Setup Cost - Inventory Carrying Cost or cost associated with holding stock items such as cost of capital, interest rate, warehouse cost, insurance cost, damage cost and obsolescence cost. Imagine an inventory controller reserves the items but warehouse workers can't find where they are.

Kewill Announces Acquisition of LeanLogistics

BluJay Solutions

The Kewill MOVE® platform helps companies collaborate, reduce costs, manage volatility and automate processes across the entire supply chain – from transportation and warehousing to compliance and visibility. LeanTMS® delivers complete transportation planning, execution, settlement, and procurement, as well as visibility and business intelligence, to improve transportation processes, increase efficiency, and reduce costs.

Save money with our 8 step guide to improving the purchasing process in your business

Silver Lynx Supply Chain

It’s sometimes called “procure to pay” or P2P for short. There are three key guidelines to an effective telephone quote request: 1. When you want to test the market pricing If it’s been some time since you last tested the market When a new supplier has come onto the market When cost of raw materials or other market conditions have changed When the expected cost is above what’s stated in your organizations procurement policy When to use a Request for Proposal or Request for Tender?

Save money with our 8 step guide to improving the purchasing process in your business

Silver Lynx Supply Chain

It’s sometimes called “procure to pay” or P2P for short. There are three key guidelines to an effective telephone quote request: 1. When you want to test the market pricing If it’s been some time since you last tested the market When a new supplier has come onto the market When cost of raw materials or other market conditions have changed When the expected cost is above what’s stated in your organizations procurement policy When to use a Request for Proposal or Request for Tender?

Save money with our 8 step guide to improving the purchasing process in your business

Silver Lynx Supply Chain

It’s sometimes called “procure to pay” or P2P for short. There are three key guidelines to an effective telephone quote request: 1. When the expected cost is above what’s stated in your organizations procurement policy.

Save money with our 8 step guide to improving the purchasing process in your business

Silver Lynx Supply Chain

It’s sometimes called “procure to pay” or P2P for short. There are three key guidelines to an effective telephone quote request: 1. When the expected cost is above what’s stated in your organizations procurement policy. For example, an RFP could be used for a multi year fleet arrangement, and an RFT could be used for procurement of raw sand for a year long contract. What are the 4 key steps that your warehouse receiver or receptionist should do when they open the box?

Should You Be Using SDE Analysis to Classify Your Inventory?

Unleashed

When you’re a business owner, trying to run a successful warehouse can be a big job. These items are available locally and can be procured quickly. If you use the SDE classification, it can help you counteract any difficulties faced in the procurement process. By classifying items as scarce, difficult or easy, it can help you clearly plan your year with the procurement team.

S&OP, a vision for the future. The expert interview series #7

Supply Chain Trend

Currently as the Director of Supply Chain for Newell Brands Applied Materials, he oversees the SIOP process, production planning, procurement, warehousing, and logistics for servicing big box retailers including Walmart, Lowe’s, and The Home Depot. The communication back up the chain is usually just as bad if not worse when companies are in the early maturity stages not having well-defined methods and guidelines for communicating the variances against the plans for each cycle.

S&OP 80

Laundry Between Emails: Making the Most of the Coronavirus Pandemic

My Office Apps

Let us know when we can schedule a Kechie demo for you … and please take care of yourselves, follow all the guidelines, and do your best to remain healthy. . Sold in separate packages – inventory and warehouse management (CRM, Sales, Procurement, Logistics included), manufacturing, finance – or a fully configured ERP system to include all of these individual tools. Laundry Between Emails: Making the Most of the Coronavirus Pandemic.

Laundry Between Emails: Making the Most of the Coronavirus Pandemic

My Office Apps

Let us know when we can schedule a Kechie demo for you … and please take care of yourselves, follow all the guidelines, and do your best to remain healthy. . Sold in separate packages – inventory and warehouse management (CRM, Sales, Procurement, Logistics included), manufacturing, finance – or a fully configured ERP system to include all of these individual tools. Laundry Between Emails: Making the Most of the Coronavirus Pandemic.

I Will Be Wrong Again: Supply Chain and Logistics Predictions for 2017

Talking Logistics

In February 2016, BIMCO and other leading shipping organisations launched a set of guidelines “to help the global shipping industry prevent major safety, environmental and commercial issues that could result from a cyber incident onboard a ship.”. And in June 2016, the International Maritime Organization issued its own guidelines on maritime cyber risk management after “having considered the urgent need to raise awareness on cyber risk threats and vulnerabilities.”.

Letter from the CEO: Market Update March 26, 2020

Transplace

One issue that is becoming more of a pinch-point is warehouse capacity. Warehouses are beginning to employ the following strategies that work to contract the volume that they can handle a) reducing the number of available door slots for both inbound and outbound loading, b) eliminating over-time and c) scheduling their labor so that shifts do not overlap. Letter from the CEO: Market Update March 26, 2020. By: Frank McGuigan, Chief Executive Officer, Transplace.