Video: How to Digitize the Retail Supply Chain

The Network Effect

Retailers today are in a poor position to compete against a vertically integrated and fully digitized online giants like Amazon. The post Video: How to Digitize the Retail Supply Chain appeared first on The Network Effect.

Inventory Optimization: How to Handle Slow Movers

Supply Chain Nation

Do you know how many boxes of raspberry gourmet coffee Kroger should keep at their store in rural Georgia? How would that computation be different from the logic needed to calculate the number of boxes of Corn Flakes at the same store? However, many open questions still arise when it comes to the other part of inventory: Slow movers. Think back to the raspberry gourmet coffee example. This allows companies to detect sudden and seasonal demands in advance.

Trending Sources

Warehouse Management Cost Savings: How to Build a Warehouse Management Strategy Built on Efficiency

Cerasis

However, poor decisions and assumptions can lead to the buildup of other inefficiencies, diminishing the value of your existing warehouse management strategy. To ensure your strategy tackles the right challenges and promotes profitability, it must be built on efficiency.

How to Move Forward with Reverse Logistics

Talking Logistics

Everyone has experienced this scenario: a great event is planned in advance, a timeline is set with a predetermined flow of the party, from when guests arrive to the food and music, all the way to their departure at the end of the evening. Damage to product when handled or in transit.

Digitizing the Extended Supply Chain: How to Survive and Thrive

The digital economy is upending all industries and processes, placing a premium on speed, customer satisfaction, personalized products, and collaboration

Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. Due to the rapid change in global business environment, managers find it difficult to gain the edge over competitors.

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How to Sustain a Lean Culture in Manufacturing & Supply Chain

Cerasis

Today I will discuss how a company can sustain a lean culture once they have implemented lean practices in order to achieve continuous improvement. Your company has started the lean journey, but how do you sustain it? How do we monitor what our customers feel about us?

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How to Plan for Common Disruptors in Ocean Freight

Talking Logistics

Which means that, as it does every year at this time, space is about to get very tight. That can make it difficult to meet your delivery times unless you take proactive steps now to minimize the risk in your supply chain. Peak season for ocean freight shipping is underway.

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How to Prepare Transportation for Holiday Returns

PLS Logistics

The holiday season is upon us, and retailers must be prepared to avoid seasonal challenges. Return rates have amplified as the percentage of internet sales continues to develop. Only 20% of shoppers like to have a carrier pick up a package from their home.

How to Improve Loading Dock Processes

PLS Logistics

Well-designed loading dock procedures minimize delays, reduce damage to cargo and optimize productivity. Here are 3 quick ways to improve loading dock processes: Enhance Dock Safety. The loading dock is the access point for shipping and receiving.

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Experts Suggest How to Slash Supply Chain Risk Properly

Supply Chain Opz

To tackle risks timely, we invite experts to explain what strategy really works. Christopher Tang, Distinguished Professor, UCLA Anderson School and Editor-in-Chief of the INFORMS journal Manufacturing and Service Operations Management (M&SOM) As supply chains become more complex, companies find their supply chains more vulnerable to both foreseeable uncertainty risks and unforeseeable disruption risks. Use dynamic pricing to manage demand of similar products.

How to Reduce Product Damage During Shipping

Cerasis

Editor's Note: Today's blog is from Cindy Banker with ProCorr Display and Packaging who is bringing us some great insight on how to reduce product damage. If you are a product manufacturer, you know all too well the perils of shipping products from your factory or warehouse to a DC or retailer. In this article, we have highlighted the most common, but often overlooked elements to consider. How you pack your products in the box is key to product damage control. .

How to Avoid Dimensional Weight Pricing Cost Spike

Logistics Viewpoints

This past June, the largest overnight delivery carriers (FedEx and UPS) announced that they would apply dimensional weight pricing to all shipments, effective January 2015. It is expected that shipping costs will increase 20 to 30 percent and affect over 70 percent of all shipments.

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How to Survive Supply Chain Complexity

Material Handling & Logistics

Solutions to managing a complex supply chain have ranged across: 1) avoidance; 2) relationship collaboration; 3) information technology; 4) flexible workforces; 5) supplier collaboration; 6) access to leadership: and 7) supplier/customer understanding.

How to find a great freight forwarder

The Logistics of Logistics

I often hear from novice shippers: “How can I find a great freight forwarder?”. Here are nine items to look for when searching for the best freight forwarder for your company: Research, Research, Research. Check for references to gage the reputation of the freight forwarder.

How to Use a TMS to Manage Inbound Transportation (And Gain Visibility)

PLS Logistics

Inbound freight management is multifaceted and can eat up more than 40% of the average organization’s annual freight budget, according to Aberdeen Group.

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How to Use Big Data to Improve Supply Chain Visibility

Talking Logistics

According to a July 2014 supply chain research study from Accenture focused on Big Data and supply chain risk management, most organizations have high hopes for using big data analytics in their supply chain but many have had challenges in deploying it. There are a number of challenges when adopting and deploying a data analytics solution, and it’s important for organizations to clearly define their goals and objectives before embarking on this endeavor. to P.O.D).

Revenues Sagging? Here's How to Thrive in 2016

Demand Solutions

I have the opportunity to travel the world with my job, and this has provided me with firsthand experience of the challenges facing many or our customers and prospects. dollar is making it difficult for many nations to maintain a good balance of trade. How to Do What the Best Banks Do.

Why Truckload Lead Times Matter and How to Improve Them

TMC

First come, first served is a familiar statement to most of us. According to DAT Solutions, the average length of a truckload delivery is between 600 and 700 miles. It would take roughly a day and a half to complete a truckload shipment of this length.

How to boost relationships between shippers and 3PLs

Quintiq

This increases the urgency for 3PLs to leverage on the best market trends to increase logistics flexibility. This is due to the diversification in the production schemes of manufacturers. How would that impact their current operations?

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How to Use Machine Learning to Boost S&OP

Talking Logistics

Machine learning to boost your sales. The first example is to use machine learning for improving the results of your promotions and improving sales. Promotions planning is an important lever to use in an S&OP process. It allows to stimulate your sales when you have too much available capacity or have a significant impact on the desired product mix. There are many different possibilities to organize a promotion. Machine learning to improve S&OP adoption.

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How to Turn Your Supply Chain into an Innovation Engine | Guest Post from Erwin Hermins

The 21st Century Supply Chain

by Melissa Clow Our partner Celestica recently published the following article, ‘How to Turn Your Supply Chain into an Innovation Engine’. The author, Erwin Hermans, vice president of supply chain services, describes the areas to consider when turning your supply chain into an innovation engine: An Enabler for New Business Models. Tune the Supply Chain to the Demand. How to Take an Idea into Practice. Let’s look at how the old way of thinking can change.

Holiday 2014: How to Avoid Last Year’s Disaster

The Network Effect

Are we fully prepared to tackle Holiday 2014 in a better way? Well, to put it simply, I’m not certain. Consider where we stand as of today: Delivery capacity: E-commerce has continued to grow in the double digits this year.

How to Become a Supply Chain Planning Leader in the Gartner Magic Quadrant

ToolsGroup

So I can say we at ToolsGroup were proud to be recently recognized as a leader in the newly released Magic Quadrant for Supply Chain Planning System of Record (SOR). I thought this would be a good time to reflect on how a supply chain software vendor gets into the leaders quadrant.

How to Manage Supply Chain Risk and Ensure Continuity

River Logic

What he failed to mention was that great risk also brings the potential for great loss — just ask any hedge fund or investment manager. Risk is not something only investment firms have to acknowledge. “With great risk comes great reward”, said Thomas Jefferson.

How to Recruit and Organize Supply Chain Talent to Unlock Your Supply Chain’s Potential

Talking Logistics

Recently it seems that more and more organizations are recognizing that their supply chains are a key component to the organization’s success. From the increasing adoption of a chief supply chain officer at major organizations to discussions of legislative changes , the influence of the supply chain on competitive advantage is more recognized than ever. Not everyone has the necessary skills to be a successful supply chain design analyst.

Sales and Operations Planning (S&OP) – How to Stay the Course

The 21st Century Supply Chain

The article, S&OP and Culture Change: How to Stay the Course , written by Kathleen Winter, describes how corporate culture can derail an otherwise successful S&OP implementation. and find shortcuts to achieving solutions.

How to Capture Full Divestiture Value with a 3PL

Talking Logistics

Today, shippers face increased regulations, unstable market conditions and capacity concerns that make it near impossible for a newly divested company to achieve all of its goals without the expertise and support of a third-party logistics (3PL) provider. The potential opportunity to convert a significant portion of operating costs from fixed to variable. This begets the need to set the overall strategy for the divestment by way of an exercise, called “capability scoping.”

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3PL vs 4PL - How to Effectively Outsource

Icecorp

THIS WEEK'S LATEST PODCAST: ICECORP is excited to share Episode 6 of the "2 Babes Talk Supply Chain" Podcast! Supply Chain Logistics 3PL outsourcing

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C-Suite Spotlight Series: How to Get Better Results From Your Suppliers

LeanCor

Consistently recognized for analyzing complex business problems, Scott's everyday role requires making tough decisions while considering their long-term effects to the bottom line. One way Scott contributes to Bonfiglioli's growth and profitability is through its supplier base.

Into the mine: How to increase your revenue in good times or bad

Quintiq

In my experience with many companies and different industry sectors globally, I have found mining companies to be among the best in dealing with the impact of cyclical markets. Unlike market changes, one of the biggest threats to margins is within your company’s control. How to do it.

How to Control Costs in Your Supply Chain

PLS Logistics

To find reductions in supply chain costs, supply chain strategies have to align with customer expectations and business goals. Knowledge of your particular processes, requirements and needs is essential to find cost savings. Common places to look for cost savings include warehouse space, inventory stock, supplier relationships, transportation modes and lanes, and order processing. Supply chain costs are controlled by management and strategy.

Question and Answer – How to Break Six Bad Retail Planning Habits

Logility

In order to keep pace with today’s market and be prepared for the coming wave of even more demanding customers, retailers must eliminate their old and outdated habits before they can achieve improved profitability, greater sell-through and increased service levels.

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Experts Show How to Revamp Supply Chain Organization

Supply Chain Opz

How to improve the efficiency of supply chain organization? Leading experts will tell you how to improve a team and create the positive changes that stick. Every nation has different practices and ways of behaviour - if we want a successful, well-oiled supply chain we need to tailor our systems and process to suit who we are doing business with. Try to take account of these when setting up real-time communications, such as teleconference calls.

Transform your supply chain process – don’t just improve it

The 21st Century Supply Chain

Several days later he came back and said to the salesman “This saw is no good! No matter how fast I push and pull it doesn’t cut! But if you consider how many people think about supply chain software it’s like the old lumberjack and the chain saw.

Supply Chain Management Consulting – How to Maximise the Benefits

Logistics Bureau

If you’re a business leader or senior manager in a company that doesn’t typically use management consulting firms, or you just don’t have much experience of working with consultants, you might even wonder why you’d ever need to. To facilitate internal learning.

Distractions and Disruptions in Logistics: How to Thrive in the Ever-Changing World of Supply Chains

Talking Logistics

A number of factors are converging upon the logistics industry — everything from “Uber for trucking” startups to new technologies and regulations to ongoing mergers and acquisitions. How are the rules for success changing for logistics service providers? How are leading companies positioning themselves for success as their supply chains become more dynamic, global, and complex? Click on the “Remind Me” button above or HERE to join the conversation!

Experts Discuss How to Improve Decision Making Process

Supply Chain Opz

However, how supply chain executives can streamline the decision making process? In this article, we invite a multidisciplinary group of experts to provide some insights. Firstly, It is important for executives to use integrated data across the business as the basis for any decision - Secondly, good decisions should be made by taking a “Lean” approach to any process that requires change. When we feel insecure about what to do, we hold off on decisions.

How to Become a Freight Forwarder

Cerasis

Cerasis does work with many freight forwarders who import into the US and need trucks to move from the port inland. We hope this post is helpful for those looking to become a freight forwarder but also for shippers wanting to know how it works. . How to get started.

How to stay cool in the heat

Quintiq

It looks like summer is at its peak: It’s 35 degrees in Berlin today, and I’m looking forward to some yummy ice-cream with my son in the park. Here in Germany, you never know how long summer lasts. Summer can be gone quickly, just when you get used to it.