Unleashed

FEBRUARY 12, 2024

Inventory carrying cost is an essential figure to understand. Without it, you’ll struggle to accurately measure profitability or make informed decisions around inventory management and cash flow. What is inventory carrying cost? Why is inventory carrying cost important?

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

Logistics Viewpoints

APRIL 5, 2023

The majority of time when people are discussing digital transformation, they are not directly referring to the digital transformation of supply chains. This survey-based research gathers quantitative data as well as information on practices or performance drivers. There are many areas of digital transformation within the supply chain.

Logistics Network Optimization Software 246

Logistics Network Optimization Software Analytics Software Predictive Analytics Software Inventory Management Software 246

ShipBob

DECEMBER 13, 2023

The success of any ecommerce business depends greatly on how it manages its inventory health. Now, for some, inventory health may not be an immediate concern. You might say, “I’ll just order plenty of inventory and wait until it sells out.” What is inventory health?

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Inventory Management Software 52

Logility

AUGUST 31, 2023

In most cases, their legacy ERP or supply chain solutions cannot support the real-time, frequent forecasting and inventory planning needed to get ahead of margins pressures, rising costs, and shifts in consumer demand. Batch manufacturing is more controlled and optimized, improving inventory turns and production scheduling efficiency.

Consumer Goods 185

Consumer Goods Network Optimization Software Optimal Sourcing Inventory Reduction 185

GlobalTranz

DECEMBER 11, 2014

Today begins our series about electronic data interchange or EDI in transportation. In this series, we will first talk about how EDI in transportation works and what it is, covering the history of EDI in transportation, the definition, how it works technically, and then some common EDI codes used within the transportation industry.

Electronics 262

Electronics Transportation Data Resource Reduction 262

Logility

JUNE 2, 2022

logistics, reduce and speed inventory, and neutralize transportation cost?increases More information about demand-driven?logistics?practices References below to the Company means Logility, Inc. For more information, contact: Kevin Liu, American Software, Inc., (626) practices is available at? About Logility.

Logility 173

Logility Logistics Network Optimization Software Supply Chain Planning Software Demand Planning Software 173

GlobalTranz

JANUARY 8, 2015

What is Lean Inventory Management? More firms are implementing lean inventory management techniques to reduce costs, improve flexibility and have more time to focus on their customers. Lean supply chain and inventory management enable Small Medium Businesses (SMB) to improve efficiency and increase profits.

Inventory Reduction 120

Inventory Reduction Agile and Lean Supply Chain Lean Waste Reduction 120

GlobalTranz

MAY 2, 2017

Manufacturers have always struggled to obtain the most accurate inventory levels possible. A need for real-time inventory management has arisen, but until now, we didn't have a way to make it a reality. Let’s take a closer look at why such systems have the power to radically change standard inventory management operations.

Inventory Management Software 120

Inventory Management Software Inventory Reduction Inventory Management Procurement Analytics 120

Unleashed

SEPTEMBER 7, 2021

In this guide to barcodes in inventory management: In order to apply barcodes to inventory management, it is important to understand the basics of the barcode system. Hence, some companies will find corded barcode scanners to be all they need, where other companies require wireless scanners to support their online inventory management.

Inventory Management Software 96

Inventory Management Software Inventory Management Inventory Reduction Inventory 96

Taulia

SEPTEMBER 9, 2021

Inventory management is an essential process for almost every type of business. Inventory is often the largest current asset and poor or ineffective management of stock can lead to large losses or in some cases, business failure. Yet the successful organization of inventory is not without its challenges.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Material Savings 52

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. Figure 2: A technology adoption roadmap for transportation and logistics companies considering generative AI.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

SYSPRO Smarter ERP

APRIL 24, 2023

Order fulfilment refers to the process of receiving, processing, and delivering an order to a customer. Using historical data and trend information, an ERP system can help to predict and plan for demand levels in order to keep adequate supplies in stock without creating problems of under- or over-stocking. What is order fulfilment?

Optimal Sourcing 105

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Modeling 105

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

Though blockchain plays a vital role in verifying information, it’s not the silver bullet when it comes to achieving a fully transparent and sustainable supply chain. This provides customers, partners and suppliers alike, access to information in real-time. It provides capacity where and when organisations need it most.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Software Modeling Software Forecasting Software 223

GlobalTranz

JANUARY 11, 2019

According to Ben Ames of DC Velocity , dark warehouses refer to the full automation of material handling equipment, warehouse execution systems , and automatic identification of inventory and shipments. The word ‘dark’ refers to the lack of human input in the facility. High-speed sorting equipment.

Supply Chain Design Software 215

Supply Chain Design Software Supply Chain Software Warehousing Optimization Software 215

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

RPA as it is also referred to, has the capability to transform supply chain management. RPA can automate the uploading of reporting and contract data for transactions from contracts into Transportation Management Systems (TMS) or Enterprise Resource Planning (ERP) systems with greater speed and accuracy. Inventory Management.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

Logility

JUNE 3, 2021

Improving end-to-end visibility, achieving closer integration with value chain partners, finding efficient sources of transport lift, nailing down chain of custody and sustainability concerns to limit liability, inventory scalability have clearly become survival issues for many. “The challenges are many and are now top of mind.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Logility Supply Chain Planning Software Analytics Software 130

GlobalTranz

FEBRUARY 2, 2015

Editor’s Note: Cerasis is a 3PL focused on transportation management. So why do we feature content related to Vendor Managed Inventory? In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Inventory is then put on pallets and shipped as freight. VMI is all about collaboration.

Vendor Strategies 120

Vendor Strategies Inventory Reduction Modeling Software Modeling 120

Logistics Viewpoints

JUNE 26, 2023

The second goal was to work with a fourth party logistics (4PL) partner that had invested in cutting-edge transportation management and visibility solutions. A 4PL is a company that plans and executes transportation on behalf of their customers. The company chose 4Flow to do transportation planning and execution in Europe.

Supply Chain Planning Software 207

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 207

The Logistics & Supply Chain Management Society

JULY 16, 2023

Resilience refers to the ability of a supply chain to withstand and recover from disruptions, while agility refers to its ability to respond quickly and effectively to changing circumstances. These changes can be caused by factors such as natural disasters, political unrest, trade disputes, or disruptions in transportation networks.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130

Locus

APRIL 3, 2023

This refers to planning, coordinating, and executing the flow and storage of goods and services, including activities such as transportation, inventory management, order processing, warehousing, packaging, and security. All successful modern-day businesses rely on an efficient system of logistics management. from 2019 to 2025.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Supply Chain Planning Software 52

Supply Chain Shaman

APRIL 1, 2015

Several good friends in consulting roles are sharing information on SAP HANA from SAP Insider; and this morning, LLamasoft announced the acquisition of the LogicTools assets from IBM. In parallel, I have been hard at work on a report on multi-tier inventory optimization for the last two weeks. This inbound news adds to the story.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Network Design Software Optimization Software 150

QAD

MARCH 14, 2023

Supply chain digitization refers to the use of digital technologies to improve the efficiency and effectiveness of supply chain operations. Digital technologies can help companies optimize transportation routes, reduce energy consumption and minimize waste. What is Supply Chain Digitization?

Supply Chain Software 94

Supply Chain Software Waste Reduction Sustainability Resource Reduction 94

PINC

MARCH 30, 2020

By shifting from a forecast-driven ordering system to one that enables high levels of visibility and information-sharing, companies can effectively avoid the dreaded “bullwhip effect” in their supply chains. Suffering a glut in “green” cars at the time, Volvo’s sales and marketing developed a program to move its excess inventory.

Forecasting 130

Forecasting Forecasting Software Real-time Visibility Demand Planning Software 130

Supply Chain Opz

OCTOBER 27, 2013

Are you a transportation and logistics professional who are looking for inspiring ideas to improve the operations? This article will show you 5 amazing logistics books that provide the information you can really use. However, they asked "What are some good transport and logistics book you''d recommend?".

Six Sigma 100

Six Sigma Logistics Network Optimization Software Transportation Supply Chain Design Software 100

GlobalTranz

MAY 21, 2015

One of the often missing links, however, in supply chain visibility, is transportation management. We call this the transportation supply chain. What is the Transportation Supply Chain? This requires a new broad look at the business of transportation supply chain, including supply chain management, logistics, & procurement.

Supply Chain Planning Software 120

Supply Chain Planning Software Cost Reduction Strategies Supply Chain Software Sourcing Strategies 120

Unleashed

JANUARY 31, 2023

Ideal product flow efficiency is achieved by optimising inventory control , minimising supply chain interruptions, and eliminating downtime. This is the core function of lean logistics, and is commonly referred to as ‘going lean’. Minimises inventory risk Lean logistics reduces downtime so that production lines can flow smoothly.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Waste Reduction Inventory Reduction Cost Reduction Strategies 98

SCMDOJO

AUGUST 16, 2023

By employing these technologies, Walmart gains valuable insights into customer buying behavior, sales trends, and inventory levels. The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting.

Inventory Reduction 74

Inventory Reduction Vendor Strategies Price Reduction Supply Chain Planning Software 74

SCMDOJO

JULY 24, 2023

It involves outsourcing logistics activities, such as warehousing, transportation, distribution, inventory management, and order fulfillment, to a dedicated logistics service provider. Carriers: Carriers are the transportation companies responsible for physically moving the goods from one location to another.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

SCMDOJO

APRIL 15, 2024

Smart Home: Amazon Alexa – Virtual assistant technology integrated into Amazon Echo devices for voice-controlled smart home automation and information retrieval. Amazon’s Virtuous Circle One of the key elements of Amazon’s logistics strategy is what they refer to as the “virtuous circle.”

Logistics Network Optimization Software 79

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 79

Supply Chain Opz

MAY 1, 2018

Logistics books listed here share the same characteristics, it provides basic information that is practical enough to read and understand. World-Class Warehousing and Material Handling Warehouse management and inventory control is the center point of integrated logistics management that tries to balance supply and demand.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Logistics Material Savings 100

SYSPRO Smarter ERP

MAY 29, 2023

Marshalling in warehouse management refers to the process of arranging and preparing items for outbound shipment according to their destination and delivery schedule, as well as verifying their accuracy and completeness. This can help with inventory accuracy.

Warehousing 98

Warehousing Material Savings Expense Reduction Cost Reduction Strategies 98

Supply Chain Matters

OCTOBER 19, 2023

Background For some time now, Supply Chain Matters has published viewpoints on the disruptive threat that online platform provider Amazon will and has had on both online and physical retail, but also package logistics, transport and last mile product fulfillment strategies surrounding many industry sectors.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Expense Reduction Inventory Reduction Cost Reduction Strategies 52

Supply Chain Shaman

MARCH 5, 2019

While there are many types of visibility (see Figure 1), the most common use case is either sourcing or transportation visibility. Make sure that the data is harmonized to ensure all data has the same time reference. The reference for supply chain leaders is an airport control tower. Visibility. Gaps in Enterprise Visibility.

Supply Chain Design Software 282

Supply Chain Design Software Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software 282

ModusLink Corporation

APRIL 27, 2023

ESG in supply chains refers to the three key factors companies consider when evaluating their environmental, social, and governance impacts. The Shipper’s Role in Global Fulfillment and Trade Shippers are responsible for transporting goods from the point of origin to the end of consumption.

Inventory Reduction 78

Inventory Reduction Waste Reduction Innovation Optimal Sourcing 78

FourKites

DECEMBER 11, 2020

What is inventory carrying cost? Inventory carrying cost, or more simply referred to as “carrying cost,” is the sum of all the costs associated with holding inventory or stock in storage or warehouse. Inventory carrying costs are something that anyone who sells a physical product has to deal with. Capital Cost.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Resource Reduction 52

Logility

AUGUST 25, 2020

in inventory write-down and 20% drop in stock value. Would access to better supply chain and IT performance information have helped avert or mitigate these failures? Management must be cognizant of issues of procurement, manufacturing, inventory, and distribution that impact satisfaction and loyalty. Huge loss of IT talent.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 173

Intelligent Audit

DECEMBER 9, 2021

” To see less of an effect from these increasing transportation spend fees and market size, shippers can prepare with proper data insights, visibility , and parcel shipping advisors. Pricing for services such as cost to transport, supplies for packages, and labor are all on the rise. bn during the forecast period 2021-2025.”

Material Savings 52

Material Savings Prescriptive Analytics Software Transportation Cost Reduction Strategies 52