The Logistics & Supply Chain Management Society

JUNE 10, 2021

The Evergreen shipping incident in the Suez Canal proved that logistics remains vulnerable. But good solutions can transform risks into opportunities. In-fact delayed shipment may even change the consumer mind, who may cancel their order mid-transit and purchase from a competitor. BluJay Solutions. Sales Director APAC.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chain Strategy 246

ThroughPut

FEBRUARY 2, 2024

Whether it’s choosing optimal shipping routes, adjusting inventory levels, or setting production schedules, it leverages predictive insights to recommend the best course of action. Data governance policies need to be established to maintain data integrity, accuracy, and security.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

Enterra Insights

MAY 28, 2020

Even before the COVID-19 pandemic shuttered physical stores, retailers were adopting omnichannel strategies to take advantage of the increasingly important consumer digital path to purchase. He explains, “Throughout history, humans have been looking for tools to simplify their lives and save time. ” Fast receipt of product.

Omnichannel 100

Omnichannel Retail Expense Reduction Inventory Reduction 100

ShipBob

SEPTEMBER 29, 2021

As ecommerce sales continue to grow throughout 2021, it’s time for online retailer to rethink their retail logistics strategy to meet customer demands, lower shipping costs, offer faster shipping options, and improve the overall customer experience. . You pick items, package them up, and ship orders to their destination.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Optimization Software Inventory Management Software 52

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

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

Talking Logistics

DECEMBER 16, 2015

Google did not acquire a third-party logistics (3PL) company or a logistics software vendor. How will transportation, inventory, and sourcing policy decisions change in light of this cheap oil environment? Like oil prices, interest rates impact supply chain policies and decisions, especially with regards to inventory.

Predictive Analytics Software 120

Predictive Analytics Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 120

SCMDOJO

AUGUST 16, 2023

The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting. One of the key elements of the EDLC policy is the direct procurement of items from suppliers, eliminating intermediaries in the process.

Inventory Reduction 76

Inventory Reduction Vendor Strategies Supply Chain Planning Software Price Reduction 76

NC State SCRC

MARCH 15, 2016

Today I travelled to Baltimore to attend the ISM/Spend matters Global Procurement Tech Summit. I will be speaking on procurement analytics tomorrow, but got to attend a set of great sessions over the first half of the day. The first speaker was Anne Rung, Administrator from the Office of Federal Procurement Policy.

Procurement Solutions 40

Procurement Solutions Optimal Sourcing Analytics Software Baltimore 40

ModusLink Corporation

NOVEMBER 18, 2021

Business practices ought to become increasingly transparent therefore implementing green policy can generate profits, provide a positive social impact, and reduce environmental impact. These innovations represent a strong commitment from through strategic environmental plans towards sustainable Supply Chain Management.

Waste Reduction 78

Waste Reduction Sustainability Material Savings Supply Chain Planning Software 78

Operations and Supply Chain Management

FEBRUARY 28, 2024

Brick-and-mortar stores also allow shoppers to return unwanted purchases. Tony Hsieh, the company’s legendary late CEO, offered free returns for up to a year after purchase and encouraged people to order items in multiple styles and sizes. One of his innovations was allowing customers to return anything, no questions asked.

Reverse Logistics 75

Reverse Logistics Purchasing Skills Logistics Network Optimization Software Eliminating Excel in Purchasing 75

Supply Chain Shaman

FEBRUARY 27, 2020

Pirate ships would lower their flag when puff roared out his name oh. The company sold on Amazon, operated its own website, managed outlet stores, and could purchase end-aisle displays in major retail chains. Historically, the design of the data model drove software market positioning. Early solutions were not scalable.).

Analytics Software 242

Analytics Software Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 242

Unleashed

AUGUST 18, 2021

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. Rather than letting returns harm their business, manufacturers and retailers who are innovative and have efficient processes in place can benefit from reverse logistics.

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98

Logistics Viewpoints

SEPTEMBER 19, 2022

Executives-in-residence are looking to join the executive team of the target company but also may be considered, in a sense, an insurance policy. Locus is a complete solution that solves the problem quite elegantly.”. We had five years’ experience with Kiva and were one of very few companies with this experience.

Modeling Software 203

Modeling Software Supply Chain Planning Software Logistics Network Optimization Software Demand Planning Software 203

Intelligent Audit

AUGUST 18, 2021

Digital challenges, consumer behaviors, as well as emerging business models that are unique to e-commerce, result in an online purchase being returned three times more often than a purchase made in a brick-and-mortar store.”. Maintaining a specific returns policy. Investing in new technology and applications.

Reverse Logistics 52

Reverse Logistics Supply Chain Planning Software Supply Chain Planning Logistics Network Optimization Software 52

Logistics Bureau

MAY 3, 2021

Customers can shop online and have their orders shipped from a local Target store to their homes in as little as one hour. Some dark stores also retain a collection facility, where customers can pick up their purchases after placing them online, instead of receiving them by home-delivery service. Which Retailers Are Into Dark Stores?

Supply Chain Planning Software 59

Supply Chain Planning Software Retail Supply Chain Strategy Inventory Reduction 59

BlueYonder

DECEMBER 1, 2020

Panelists included Jason Lerman, Director Operations at UNTUCKit ; Jon Gold, VP of Supply Chain and Customs Policy at NRF ; Wayne Snyder, VP Retail Industry Strategy at Blue Yonder ; Gina Anderson, VP Solutions and Growth at GEODIS ; and Melissa Valentine , Global Segment Director of Retail at Locus Robotics. The Scramble.

Retail 53

Retail Supply Chain Design Software Modeling Software Inventory Reduction 53

Precoro

MARCH 30, 2022

Strategic Procurement Helps a Business Unleash its Potential. As The Hackett Group discovered, approaching procurement strategically with specific business goals in mind helps achieve a significantly higher ROI. Operational efficiency and cost reduction are among the top procurement priorities for CPOs, according to Deloitte.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52

FLEXE

JULY 27, 2017

In fact, abandonment happens more often than an actual purchase. However, for those that aren’t “just browsing,” the top five reasons for shopping cart abandonment are: Extra costs too high (shipping, tax, fees) – 61%. It can make or break a purchase before a consumer is even ready to buy. But UX design is a complicated.

Cost Reduction Strategies 51

Cost Reduction Strategies Inventory Reduction Price Reduction Purchasing Skills 51

Locus

DECEMBER 22, 2021

With last-mile delivery costs contributing to more than 50% of total shipping costs, the rising expectations in home delivery increases the risk of encountering inefficiencies. From 2022, we can see a steady rise in enterprise businesses investing in last-mile delivery software. Billion in 2018 and is projected to reach USD 10.78

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Modeling 52

Supply Chain View from the Field

DECEMBER 16, 2013

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Customers increasingly want customized solutions, and require specific logistics delivery requirements.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

SCMDOJO

AUGUST 4, 2023

This reduces the chances of lost sales and the associated costs of rush orders or expedited shipping. Also, the Risk of fluctuations is present as whatever happens to such stocks can no longer be sold at its original purchase value. Putting a strict policy in place may help you reduce your inventory.

Inventory Reduction 91

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 91

Unleashed

FEBRUARY 15, 2021

It’s become even more important that businesses navigate multiple supply chains with food manufacturing software. A significant growth in the use of food manufacturing software that allows for real-time inventory, batch tracking and rapid order fulfilment. Consumer trends in food industry. Better food tracing and origin.

Food 93

Food Trends Industrial Industry 93

Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Procurement in 2021 and beyond.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Vinculum

APRIL 20, 2020

With the technological advancements and breakthrough innovations disrupting the industrial landscape constantly, fast-paced life has become a norm. Nothing did seem unachievable with new tools and technologies being introduced to the mix on a rather regular basis. Yet, the entire world has come to an abrupt halt, lately.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Supply Chain Planning Software Manufacturing Procurement 52

6 River Systems

FEBRUARY 22, 2019

It’s also very efficient, meaning it will allow your employees to process more orders on a hourly basis with virtually impossible odds of shipping the incorrect products to your customers. “In our company what has worked best is what we call, the magic formula, the software + method…” .

Cost Reduction Strategies 56

Cost Reduction Strategies Inventory Reduction Material Savings Warehousing 56

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Recognizing the critical importance of proper inventory management during these times, most interviewees emphasized the need to constantly review and adjust inventory policies and supplier reliability for survival. Establishing policies within the system ensures efficient inventory management.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

ModusLink Corporation

NOVEMBER 23, 2022

Top View Cargo containers ship logistics transportation Container Ship Vessel Cargo Carrier. Managing cloud-based e-commerce platforms and global shipping logistics is a vital part of the process of overcoming cross-border challenges for online retailers. The Importance of E-Commerce Shipping and Logistics in EU Transportation.

Purchasing Skills 78

Purchasing Skills Shipping Logistics Network Optimization Software Supply Chain Planning Software 78

Vinculum

NOVEMBER 11, 2020

This shows the urgency of the acquisition space to pioneer and uses digital tools to attain higher results with excellence, productivity, and transparency. Through this powerful tool, consumers and suppliers will access and manage all info associated with the order’s life cycle, reducing the well-known acquisition backlog.

Price Reduction 52

Price Reduction Procurement Solutions Inventory Reduction Policies 52

ToolsGroup

OCTOBER 25, 2022

There are innovative ways to tackle these challenges, but first let’s examine how they put a hitch in your supply chain. As the cost of processing returns grows, retailers are beginning to reconsider their free returns policy. Machine learning is a fantastic tool…if you know where to start. Stock Outs. Probabilistic Forecasting.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

ToolsGroup

NOVEMBER 4, 2022

It’s possible that in the meantime, consumers have gone elsewhere to make their purchases, and demand has diminished before you could capitalize on it. In the world of Amazon two-day shipping , customers expect availability and speedy service, and meeting those expectations is pivotal for a competitive supply chain.

Inventory Reduction 156

Inventory Reduction Material Savings Cost Reduction Strategies Inventory 156

SCMDOJO

NOVEMBER 24, 2023

Additionally, when you need to oversee a considerable number of Stock Keeping Units (SKUs), it is like a nightmare without an efficient tool. WMS helps you improve productivity and profit through advanced software and technologies. WMS helps you improve productivity and profit through advanced software and technologies.

Supply Chain Design Software 66

Supply Chain Design Software Supply Chain Planning Software Inventory Management Software Optimization Software 66

Logistics Bureau

NOVEMBER 27, 2016

While I’m a firm believer that innovation, not emulation, is the way forward for any company wishing to differentiate through its supply chain, I also believe that reinventing the wheel is something to be avoided if possible. Innovation. The Sustainability Drive. Health and safety. Outcomes First. Measurement Leads to Management.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Design Software Gartner 40

SYSPRO Smarter ERP

SEPTEMBER 29, 2021

The good news is that there are software solutions that can address all these issues. ERP software has been used and relied on by manufacturing companies for many years, including automotive parts and accessories, and provides solutions that adapt and enable this new business and market situation. Improve profitability.

Supply Chain Design Software 105

Supply Chain Design Software Supply Chain Planning Software Automotive Material Savings 105

American Global Logistics

SEPTEMBER 26, 2023

Customers are spoiled for choice from retail to software to automotive. This focus on innovation allows businesses to stay relevant, exciting, and top-of-mind. Sometimes that means bending rigid policies when necessary. It Drives Innovation Another benefit of customer-centricity is that it supports innovation.

Procurement Analytics 52

Procurement Analytics Expense Reduction Cost Reduction Strategies Price Reduction 52

Enterra Insights

JANUARY 28, 2021

As consumers increasingly use the digital path to purchase, DTC sales become an important channel for many brands. In this new mixed mode of shopping — in which consumers shop in person at physical retailers and at home via e-commerce — consumer goods companies are looking for ways to innovate.”[4]

Manufacturing Procurement 113

Manufacturing Procurement Chad MRPeasy Modeling Software 113

Logistics Bureau

MAY 8, 2023

Back then, a company wishing to exploit the benefits of the software would have to procure a system, install, implement, and maintain it, making the cost prohibitive for many. That obstacle no longer exists to such a great extent because developments in cloud technology have spawned a new way to adopt TMS.

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Freight Resource Reduction 52

6 River Systems

DECEMBER 11, 2018

As the biggest players in fulfillment, distribution and omnichannel retail continue to push boundaries, logistics and planning strategists are forced to innovate. ” — Sue Welch, CEO of TradeStone Software, as quoted in A Unified Supply Chain , Forbes; Twitter: @Forbes. Make room for collaboration.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75