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How to Make Supply Chain Complexity Work to Your Advantage

ToolsGroup

With supply chain complexity increasing at an unprecedented rate, perhaps the biggest challenge for businesses is figuring out how to navigate this uncertainty to deliver service profitably. provides deep insight into the behavior of demand and inventory to improve the outcomes.

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How to Implement a Transportation Management System SAP

AFFLINK

An advanced enterprise software solution, SAP can help optimize and improve upon the performance of a transportation management company. A transportation management system SAP is a valuable tool for consolidating logistics, shipping, and inventory information.

[e-Book] How To Shift From Tactical To Strategic Logistics and Transportation Management To Create A Competitive Advantage

Cerasis

We release our second e-book today by focusing on strategic logistics and transportation management creates a competitive business advantage for shippers. You can download our first e-Book, "The Future Of Supply Chain, Logistics & Manufacturing: How Technology Is Transforming Industries" here. Transportation management is no longer a tactical approach to simply moving freight and doing it at the lowest possible cost.

How to boost relationships between shippers and 3PLs

DELMIA 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? Transport & Logistics

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End to End Supply Chain Visibility - Solving The Data Problem

1DIGITAL TRANSFORMATION, END-TO-END VISIBILITY, AND. looking to digital ly transform their. This led to a focus on larger store. stock, and the ability to transport goods on. have been forced to modernize and deliver. looking to transform their supply chains.

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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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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Implementing Omnichannel: How to Get Your Supply Chain Ready to Go Omnichannel

Cerasis

Rather than falling victim to the same problems, your organization should follow these tips to get ready for implementing omnichannel supply chain strategies. Align Inventory Placement With Demand. Retailers must align inventory placement , its physical location, with demand. This means moving inventory to make it closer to markets where it is sells. Staff members also need to know how to manage omnichannel fulfillment.

How To Effectively Run A Distribution Business In Indonesia?

Abivin

Transportation, packaging, and delivery are included in distribution steps. Therefore, distributors are important to manufacturers in expanding market and looking for new opportunities. It is caused by the growth in number of vehicles due to rapid increase in population.

Is Seamless OmniChannel Possible? How to Avoid Supply Chain Technology Hiccups

Cerasis

Omni-channel sales strategies have become essential to companies trying to keep up with Amazon and major retailers. Unfortunately, a lack of understanding in omnichannel supply chains has also led many companies to experience extreme issues in delivering on their promises. In fact, third-party companies already have the first step in the bag, and you need to understand why. Essentially, this lends itself to intelligent fulfillment.

Retail Compliance Programs: How to Exceed Retailer Expectations

CH Robinson Transportfolio

The retail industry is evolving and adapting to new consumer demands which is shifting the supply chain landscape. I recently participated in a webinar to discuss the changes in retailer expectations and how companies can successfully navigate retail compliance programs.

Green Logistics: How to deliver efficiently while minimizing carbon footprint

Abivin

In a standard supply chain process, it has been observed by the economists the rising concern on climate change and growing pressure on the firms to decrease the carbon footprint. How can companies enable Green Logistics?

How to Safely Handle Chemical Products!

Supply Chain Game Changer

Every time I am asked about how to handle and transport chemical products I answer that it is all about being well-informed. Indeed, there are various elements that one has to know when it comes to the storage and handling of chemical products.

The Many Types of Inventory Management Technology

Cerasis

There are diverse types of inventory management technology and systems, designed to properly sort, control and act upon information with a company’s inventory. As explained by Kenneth Hamlett of the Houston Chronicle , the two dominant types of inventory management technologies include manual and automated systems. But, there are additional levels of inventory management in between. Automated Inventory Management Technology.

Visibility in Transportation Management Leads to Supply Chain Excellence

Talking Logistics

With visibility as the key driver for an effective supply chain improvement strategy, businesses today must rely on building collaborative relationships in their extended supply chains to gain visibility from end-to-end. Want to know how a certain carrier performed?

Lean Transportation: Are you Using Lean Thinking for Transportation Management? If not, Why?

Cerasis

For shippers, culture and behavior have to change to apply Lean Transportation thinking. Lean thinking focuses on the elimination of all waste (where waste is defined as any non-value added process) and bringing value to the customer , beyond the customer’s expectations. Try to recognize all of your wastes. The “Them (company leadership) versus Us (shop floor associates)” mentality also needs to change for Lean Transportation to " WE.

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IoT Inspired Smart Warehouses Are Reinventing Inventory Management

Cerasis

Everything is connected to the internet, including consumer and industrial devices and systems. The internet allows for unlimited scalability and boosted efficiency in warehouse inventory management. The so-called “smart warehouse” takes advantage of these defining factors by connecting systems to streamline inventory management and overall productivity. Use software-as-a-service platforms to use the latest-generation technology in your warehouse management system.

Retail Inventory Management Tips to Get The Most Out of Your Warehouse

Cerasis

The wrong retail inventory management strategy increases carrying costs and makes it impossible to stay competitive. Common obstacles encountered when it comes to effective inventory management include having poor visibility into fast-moving versus slow-moving product, extensive travel times between bin locations, and lost revenue due to poor labor productivity. Automate order entry, using EDI and API to bring systems together.

Preventing 3 Common Inventory Control Issues

Unleashed

For large corporations or SMEs, correctly managing your inventory stock is imperative to achieving an efficient, sustainable and profitable business. Inventory control , however, brings with it many issues but with the right tools, some of the common ones are easily managed. Problems include product stockouts that result in lost sales opportunities and unhappy customers and product spoilage or dead inventory stock which will incur unnecessary costs and tie up storage space.

7 Hurdles to Well-Managed Inventory and How to Top Them

Supply Chain @ MIT

Inventory mismanagement. Ingrained attitudes can block better inventory practices. Depending on which corporate silo you belong to, inventory can be a liability, an asset, or something in between. These attitudes often stand between you and your inventory management goals.

What Price Ocean Transportation?

Supply Chain @ MIT

Is ocean transportation a commodity? If so, how can carriers and shippers improve the mode outside of negotiating more competitive freight rates? In trucking, for example, shippers and core carriers enter into strategic relationships to increase efficiency on a number of fronts.

Centralised Inventory Management: Is it right for you?

Unleashed

Inventory management is a game changer when it comes to retail profitability. When your inventory is managed well, other parts of your business reap the benefits. However, the importance of inventory management isn’t always appreciated and can be overlooked by business owners. This is interesting because, from a financial point of view, inventory is one of your greatest assets. If you overstock your inventory, this becomes a liability.

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

Kinaxis

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.

Optimizing Inventory Management for Online Retail

RELEX Solutions

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. More data means more opportunity to curate the right assortment.

Omnichannel Requires Fast Warehouse Transformation: Why & How to Do It Right

Veridian Solutions

The growth of omnichannel is subject to hype and fact. Some supply chain leaders and experts argue omnichannel is the improper term to describe the state of warehouse transformation today. Others voice concern over how warehouse transformation could increase costs when not adequately managed. According to McKinsey & Company , the average supply chain is 43% digitized, and those that have achieved digitalization can increase annual growth of earnings by 3.2%.

Warehouse Cost Reductions: 3 Understandings Driven By Inventory Management & Lean Principles

Cerasis

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. In the first part I put forth 6 areas of focus in order to reduce logistics costs. A Focus on Inventory Control Begets Warehouse Cost Reductions.

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5 Engagement Strategies in Managing a Relationship With a Transportation Management 3PL

Cerasis

This is our 9th post in our strategic transportation management and logistics series. When selecting a transportation mangement 3PL to aid you in a robust and effective transportation management strategy , defining the rules of engagement is critical to success. We've built a deep checklist to understand first before you go about engaging with a 3PL. 6 Strategic and Proactive Tips to Stay Ahead of Distressed Shipments.

How to Mitigate Risk in Demand Driven Supply Chains

Logistics Bureau

However, there are risks involved in the demand-driven approach and for many companies, their presence creates a reluctance to shift from conventional, but increasingly outmoded forecast-based planning. “In a world that’s changing really quickly, the only strategy that is guaranteed to fail is not taking risks.” The risks attached to DDSC can be managed and minimized just like any other. The Risks of Information-Sharing. Lower transportation costs.

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How to Improve Manufacturing Floor Data Collection

Cerasis

To log, track and trace everything’, your vision of a better manufacturing floor. Here’s how you can improve manufacturing floor data collection, long-term. However, are you starting to outgrow your manufacturing floor data collection system ?

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How A Brewery Company Manages Contracted Transporters In Real-time

Abivin

They kept its traditional recipe for beer with the help of modern technology and highly qualified staff to grow into one of the leading brewery companies in Vietnam. How the company manages all contracted transporters in real-time a.

How to Target Cycle Times for Working Capital Reduction

Logistics Bureau

Cycle times in the supply chain have a large part to play in your company’s working capital. The ability to reduce inventory levels is only one of a number of reasons to target cycle times as a way to reduce your working capital needs.

Supply Chain Career Changes – How to Get In, Get On, and Get What You Want

Logistics Bureau

The role of supply chain workers, simply put, is to contribute to or manage the process of producing the right amount of the right goods and getting them to the end-customer at the right time, ensuring customer satisfaction while being profitable.

How to Get the Benefit of GDPR for Your Supply Chain

Logistics Bureau

Yet much of what it obliges enterprises to do can be leveraged for their advantage. Now could be a good time to assess the upside. The goal of the GDPR is to give people greater control over their personal data. Access to information.

WMS and eCommerce: How to Use Supply Chain Technology to a Competitive Advantage

Veridian Solutions

eCommerce is growing faster than ever, and everyone is working to find the latest and greatest way to overcome their competitors. The application of supply chain technology is essential to maintaining a competitive advantage in the height of eCommerce growth. Warehouse Managers need to understand the challenges of maintaining a competitive advantage, how technology can help, and a few best practices in leveraging technology. Lower inventory carrying costs.

How to Cut Costs by Improving Product Punctuality

Supply Chain @ MIT

By tailoring transportation methods and distribution center processes to match the delivery speed required of each product, companies can reduce the cost of transportation, prevent excess inventory, and eliminate lost sales. Researchers at MIT CTL have developed a model that uses purchase order (PO) information to help retailers determine when many different types of products need to be shipped to meet sales deadlines.

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Combat Rising Transportation Costs and Driver Shortage With Supply Chain Analytics

Savi

Today’s driver shortage is helping to drive transportation costs higher. Shipping industry members are scratching their heads, wondering how to solve this complex and incredibly significant problem. What Contributes to High Driver Turnover?

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.