The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Seen optimistically, this challenging trade environment is a catalyst for a slew of innovative measures and creative tactics to mitigate tariff costs – although one could argue that supply chain optimization from a cost and performance perspective is something that firms should already be doing on an ongoing basis. Operational strategies.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

RFgen

APRIL 12, 2024

Between rising costs for materials and endemic labor shortfalls in the warehouse, many supply chain professionals may feel trapped in an endless cycle of shrinking profit margins. Even the initial purchase of inventory triggers a cascade of additional expenses, like shipping, handling, taxes, and so on.

Inventory Reduction 77

Inventory Reduction Cost Reduction Strategies Purchasing Skills Optimal Sourcing 77

BlueYonder

SEPTEMBER 26, 2022

In a series of blog articles, the Product/Solution Marketing team explores innovative solutions to guard against supply chain disruptions. When these events reach the warehouse, agility and resilience are critically important to navigating through the issue with the least possible impact to operations and customers.

Supply Chain Disruption 57

Supply Chain Disruption Warehousing Agile and Lean Supply Chain Supply Chain Planning Software 57

Logistics Viewpoints

FEBRUARY 20, 2023

In the supply chain world, contract logistics – where a third-party logistics (3PL) firm runs and manages warehouses on behalf of their clients, is a $200 billion plus market. For example, in contract logistics, the 3PL makes use of a warehouse management system so that they can do the job efficiently. The right IT is critical.

Supply Chain Planning Software 211

Supply Chain Planning Software Logistics Network Optimization Software GEP Supply Chain Software 211

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

CEVA Logistics actively reaches out to support social innovations and engage local communities. In Malaysia, CEVA Logistics worked closely with L’Oréal , a major producer of luxury and consumer products, to develop a social initiative of providing jobs for the hearing impaired at our warehouse since June 2020.

Resource Reduction 242

Resource Reduction Supply Chain Planning Software Global Supply Chain Software 242

RFgen

JUNE 2, 2023

Accuracy, procurement, staffing, quality, efficiency, costs—you name it. A common “slow zone” in the warehouse. Even though new warehouse software may require an initial investment, the efficiencies gained quickly pay off, providing a return on investment, better known as ROI. Sound familiar? Adjust your perspective.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Optimization Software Supply Chain Software 52

ivalua

SEPTEMBER 8, 2022

The job of procurement is to ensure performance is as promised, risk is low and business objectives are being met through collaboration. Suppliers are a source of growth, innovation and efficiency, but if they are not managed holistically, they can be a source of risk, poor performance and noncompliance.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Global 130

The Logistics & Supply Chain Management Society

SEPTEMBER 21, 2022

In the case of manufacturers, it means procuring raw materials that are responsibly sourced from the environment. Sustainable Warehousing. Although often overlooked, warehouses and storage centers use huge amounts of energy in supply chains. Where the warehouse is located is also important.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Supply Chain Planning Software Optimal Sourcing Optimization Software 130

ToolsGroup

JUNE 15, 2021

The Top Supply Chain Projects (formerly known as SDCE 100) spotlights successful and innovative transformation projects that deliver bottom-line value to small, medium and large enterprises across a range of supply chain functions. The supply chain industry has been challenged with a host of supply chain disruptions over the last year.

ToolsGroup 120

ToolsGroup Optimal Sourcing Supply Chain Planning Software Supply and Demand 120

Procurement Academy

AUGUST 10, 2021

Innovative platforms or software implemented in your Supply Chain boost customer’ experience, crucial when building brand loyalty. Elastic Logistics should encompass all business areas from cost control to warehouse management to delivery and beyond. Benefits of Elastic Logistics and warehousing.

Logistics Network Optimization Software 64

Logistics Network Optimization Software Supply Chain Planning Software Demand Planning Software Supply Chain Software 64

GlobalTranz

FEBRUARY 17, 2016

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well. A Focus on Inventory Control Begets Warehouse Cost Reductions. First, data integrity is vital.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

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. Only by doing so can we unlock the full benefits of this innovative technology.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

FLEXE

APRIL 12, 2017

Retailers, of every shape and size, are faced with the threat: “Innovate or die.”. In fact, in a recent Baymard Institute survey, 61% of shoppers cite unexpected costs and shipping fees as a reason they’ll abandon a purchase. That means, nearly 61 out of 100 shoppers on your site will go elsewhere if shipping costs are too high.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Inventory Reduction Price Reduction 52

GlobalTranz

FEBRUARY 16, 2016

Ensure that your warehouse operation is safe. Analyze labor reduction for any warehousing operation. There are Labor Management Software systems that can help manage work in the warehouse. Incentive programs for warehousing employees do work. Try warehouse mobility in your four walls. They have great ideas.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

Exiger Perspectives

JUNE 21, 2023

Exiger , the SaaS company revolutionizing the way corporations, government agencies and banks manage supply chains, today announced that it has received a 2023 Top Supply Chain Projects Award from Supply & Demand Chain Executive for the innovative work Oshkosh Corporation and Exiger accomplished.

Supply Chain Planning Software 52

Supply Chain Planning Software Demand Planning Software Supply and Demand Supply Chain Software 52

6 River Systems

NOVEMBER 1, 2022

To resolve these challenges, retain their competitive edge, grow their consumer base and operational savings, business owners are rethinking logistics processes and leveraging innovative solutions to bring their e-commerce and retail operations into the digital age. Investing in inventory and warehouse management solutions.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Resource Reduction Optimal Sourcing 52

Logistics Bureau

DECEMBER 4, 2023

One factor that stands out to me as a highlight of their IM strategy is their seemingly chaotic approach to warehouse layout. At that point, each SKU will be taken to any convenient storage location in the warehouse. This process ensures that Amazon’s warehouse management system records the location of every item in the facility.

Inventory Reduction 72

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 72

Logistics Viewpoints

AUGUST 11, 2022

These sources may include electronic logging devices, telematics networks, mobile devices, RF devices, and GPS information from automatic identification systems for ship locations and NORAD for aircraft positioning. This may include decision-makers from IT, finance, operations, sales, and procurement. The post Do You See What I See?

Supply Chain Planning Software 231

Supply Chain Planning Software Forecasting Software Logistics Network Optimization Software Supply Chain Network Software 231

Turvo

SEPTEMBER 24, 2021

As an innovator in customer service across multiple industries, this market giant has forever transformed the face of retail as it is known today. Thanks to the Amazon Effect, innovative supply chain strategies and state-of-the-art technological deployment have become the norm rather than the exception among industry leaders. .

Logistics Network Optimization Software 70

Logistics Network Optimization Software Supply Chain Software Supply Chain Network Software Eliminating Excel in Purchasing 70

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

APRIL 25, 2019

For companies to meet the rising demand for direct-to-consumer orders, MHE offerings must become more innovative. As the Amazon Effect continues to inspire innovations in the industry and elevate supply chain standards, the competitive landscape also requires organizations to be more flexible. 3 The push for business intelligence.

Material Savings 101

Material Savings Modeling Software Supply Chain Planning Software Analytics Software 101

crisp

DECEMBER 15, 2021

The pace of change is increasing exponentially, and there are innovations and learnings being shared across the industry every day. A recent survey of procurement leaders showed a 15-20% increase in ROI when using data and analytics to make decisions. What are the stock levels at the warehouse (before the product gets to the store)?

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

Supply Chain Game Changer

JULY 29, 2021

Saudi Arabia shipped 80 Metric tonnes of liquid oxygen to India and Portugal assured 20,000 litres of oxygen per week to India along with 5503 vials of Remdesvir. HLL is acting as a nodal agency of Union Health and Family Welfare Ministry in the procurement and distribution of medicines and medical equipment.

India 105

India Supply Chain Saudi Arabia Portugal 105

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. They can be trucking companies, airlines, shipping lines, or rail operators, depending on the mode of transportation chosen for the specific shipment.

Logistics Network Optimization Software 90

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

Supply Chain Opz

NOVEMBER 9, 2014

That said, implementing Lean concepts would undoubtedly be part of that strategy, for example, - Lean Warehousing : Many firms (both retailers and manufacturers) are now aggressively rolling out Lean in their warehouse operations. Eliminate Before You Automate : Automation is critical to large, efficient warehouse operations.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

QAD

JANUARY 19, 2023

E-commerce brands must oversee design, manufacturing, sourcing, warehouse inventory, shipping and delivery. Supply chain management is typically broken into three large buckets of intricate processes and roles: Concept: the full cycle, from sourcing and procurement to fulfillment.

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 95

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

GlobalTranz

FEBRUARY 6, 2017

In other words, robots will gain new movements, capable of picking items from shelves in warehouses and storefronts. Technology Will Reshape Procurement Practices. Better procurement practices translate into better overall sales, but the role of procurement in driving sales’ statistics will change throughout 2017.

Supply Chain Planning Software 120

Supply Chain Planning Software Procurement Analytics Manufacturing Procurement Trends 120

Supply Chain Shaman

MARCH 12, 2019

Examples include Enterprise Resource Planning (ERP), Warehouse Management (WMS_ or Advanced Planning (APS). Most deployments focus on functional excellence–manufacturing, transportation, customer service or procurement. In this shift, the legacy SAP Business Warehouse (BW) implementation are especially problematic.

Prescriptive Analytics Software 173

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 173

Freightos

NOVEMBER 11, 2021

For a forwarder, refraining from working with Maersk today is expensive because it removes 17% of global shipping capacity. Of course, working with tech players that ship or ocean liners owning more of the shipper value chain – introduce opportunities but also some major disadvantages. Enter Big Tech. Amazon as a carrier.

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

Supply Chain Matters

NOVEMBER 14, 2023

Rivian Automotive is now free to sell its EV parcel vans to other parcel carriers, and added reinforcement from multiple ocean container shipping carriers that the existing industry volume declines could extend for two to three years. Delivery of these innovative vans began in July 2022. This report cites data from the U.S.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Cost Reduction Strategies 52

ThroughPut

OCTOBER 16, 2022

Since massive disruptions demand a proportionally rapid and innovative response, organizations which fail to see the demand -supply paradigm shift and respond in an appropriate and timely manner will likely get left behind. Optimized Warehouse Management. 5 Inventory Replenishment-Planning practices to drive profitability.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Modeling Supply Chain Planning Software 52

Enterra Insights

DECEMBER 21, 2021

He writes, “Global supply chains were clearly in trouble before COVID-19 arrived on the scene, but when it did, the weakness of our time-honored strategies for procurement, production and delivery became shockingly evident. To paraphrase an old maxim, then, necessity breeds innovation.”[2] Footnotes. [1] 2] Robert J.

Supply Chain Transformation 130

Supply Chain Transformation Gartner Supply Chain Software Supply Chain Strategy 130

FLEXE

JANUARY 5, 2017

Illustrations in the filing show a flying warehouse, which would remain at high altitudes as drones fly back and forth between the warehouse and nearby shipping destinations. The flying warehouse is designed to do things like hover over stadiums and restock concession stands in real-time. Cut transportation costs.

Warehousing 31

Warehousing Supply Chain Design Software Inventory Reduction Cost Reduction Strategies 31

Elementum

MAY 19, 2022

The 50’s saw the development of “containerization” which enabled intermodal (ship, rail, air, truck) transport. The US alone houses ten billion square feet of warehouse and distribution space. Deliver: Receiving, creating, and validating customer orders; scheduling deliveries; picking, packing and shipping; and finally, invoicing.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 78

Intelligent Audit

JULY 22, 2021

Many innovative advancements have occurred in the past few years within the transportation network , including a focus on last mile delivery costs and shipping rate management through analytics. Shippers have always relied on innovations and technology to improve operations and functions within the supply chain.

Analytics Software 59

Analytics Software Cost Reduction Strategies Optimal Sourcing Analytics 59

Unleashed

MARCH 31, 2021

When we refer to the ‘supply chain’, we’re referring to the network of suppliers, manufacturers, producers, shipping companies and more who, when combined, produce, ship and sell products and services to end-users. The higher this figure, the more your company is spending on shipping its goods compared to what you’re getting back.

Supply Chain Planning Software 69

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 69