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. 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. Too many variations?

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

Supply Chain Matters

JULY 15, 2022

This week, the company announced a reversal in manufacturing and supply chain strategy, as well as a major turnabout. The company will henceforth outsource the manufacturing of its stationary exercise bikes and treadmills to a Taiwan based contract manufacturer. Pivot Toward Internal Manufacturing Presence.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

Unleashed

JULY 25, 2023

The inventory turnover ratio measures how often stock is sold and replaced over time. It’s a vital inventory accounting metric for monitoring sales and managing perishable goods – without it, your business will struggle to operate efficiently and could start losing money fast. Inventory turnover is expressed as a financial ratio.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

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

Clear Spider

OCTOBER 26, 2022

For many of these successful companies, a Vendor Managed Inventory (VMI) system is the secret to their enviable growth. If you want to drive sustainable growth for your business, you have to achieve the right balance of cost reduction and fulfillment flexibility. Why Vendor Managed Inventory? The Problem with Sales Data.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Examples Cost Reduction Strategies 52

Locus

JUNE 23, 2023

So, knowing more about order fulfillment, its importance, process, and strategies is critical. With an efficient order fulfillment process, businesses can reduce their shipping costs and improve their turnaround times which helps them increase their sales and revenue. Let’s fill in! What is Order fulfillment?

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Resource Reduction Vendor Strategies 52

Arena Solutions

APRIL 4, 2023

The global manufacturing sector has seen an upswing, a technological renaissance of sorts. Since the start of 2012, more people graduating from college and universities are entering the engineering/manufacturing fields. The manufacturing sector has been severely impacted by this trend because production jobs are highly technical.

Manufacturing Procurement 75

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 75

Supply Chain Game Changer

SEPTEMBER 1, 2021

A successful new business model has come to the forefront, and it doesn’t require you to have an inventory. How You Can Manage Your E-Commerce Store With No Inventory. There are several strategies you can try to make your e-commerce store profitable. This e-commerce model allows you to sell items without an inventory.

Inventory Reduction 87

Inventory Reduction Inventory Supply Chain Design Software Logistics Network Optimization Software 87

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. There is also managed planning, where a services firm uses a supply chain system to forecast demand, and plan replenishment and manufacturing.

Supply Chain Planning Software 213

Supply Chain Planning Software Logistics Network Optimization Software GEP Supply Chain Software 213

GlobalTranz

FEBRUARY 16, 2016

This is the first of a two-part series where I will curate and cull information from my 4 decades of experience in logistics cost reduction at various positions in the supply chain. In this first part, I will focus on 6 places that you can apply to your organization to reduce costs and increase profit. Listen to your people.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

Unleashed

SEPTEMBER 30, 2021

Vendor managed inventory (VMI) – when executed well – can be an efficient and cost-effective system for managing the supply of goods. Learn more: What is Inventory Management? Techniques for 2021 What is vendor managed inventory? How does vendor managed inventory work?

Vendor Strategies 98

Vendor Strategies Inventory Reduction Inventory Inventory Management Software 98

Supply Chain Game Changer

JULY 30, 2020

Featuring Our 10 Best Inventory Management Articles! Inventory Shrinkage article and permission to publish here provided by Jake Rheude at redstagfulfillment.com. There are many terms for inventory shrinkage: warehouse shrinkage, product shrinkage, loss of product. The best way to explain inventory shrinkage is an example.

Inventory Reduction 70

Inventory Reduction Inventory Inventory Management Software Third Party Logistics 70

Unleashed

AUGUST 29, 2023

Inventory management software helps businesses keep track of stock and be more efficient in their daily operations. It automates tedious manual tasks that can be prone to human error, improving the accuracy of a company’s recorded inventory levels and reducing inventory carrying costs.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Forecasting Software Supply Chain Design Software 52

GlobalTranz

FEBRUARY 2, 2015

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. ” Vendor Managed Inventory Model: A Quick Back Story. VMI is all about collaboration.

Vendor Strategies 120

Vendor Strategies Inventory Reduction Modeling Software Modeling 120

ThroughPut

MAY 3, 2024

Logistics Management Software helps drive the logistics function of an organization by managing the actual flow of materials, goods, and services from the point of origin to the point of consumption. Logistics has, however, come a long way. Before the 1950s, logistics was perceived in purely military terms.

Procurement Solutions 52

Procurement Solutions Logistics Network Optimization Software Supply Chain Planning Software Prescriptive Analytics Software 52

Supply Chain Shaman

APRIL 30, 2020

The global economy rebound from COVID-19 hinges on the discovery and manufacture of an effective vaccine. However, supply chain leaders well understand that drug discovery, manufacturing, and distribution are all necessary to deliver the vaccine to a willing arm. Reduce Complexity. The measles vaccine took four years in 1968.

Supply Chain Design Software 371

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Software 371

BlueYonder

APRIL 9, 2024

For the past 175 years, Carlsberg has continuously reinvented itself from a marketing, innovation and product perspective, while remaining true to its core values of enriching communities while manufacturing quality drinks. This initiative is central to enhancing the management and efficiency of its logistics operations throughout Europe.

Optimal Sourcing 100

Optimal Sourcing Sustainability Material Savings Waste Reduction 100

Turvo

MARCH 1, 2022

Although there has been significant debate about how GSC management might help businesses create competitive advantages, the right distribution strategy has received less attention. Worldwide third-party logistics (3PL) has emerged as a viable option for meeting global distribution demands. What is Collaborative TMS?

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Inventory Reduction Expense Reduction 70

Supply Chain Shaman

SEPTEMBER 27, 2021

As a result, most projects are not clear in scope, with the implementation of visibility as a “functional extension to existing process” lacking a holistic outside-in approach/strategy to sense, respond, and act. Survey existing suppliers, third-party logistics providers and customers. Reflection.

Supply Chain Planning Software 369

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 369

Supply Chain Matters

AUGUST 15, 2022

In a reported effort to cut additional costs and increase needed cash flows, the provider announced intentions to cut upwards of 800 jobs within its North America support teams and eliminate its company operated warehouses. based manufacturing strategy, with a decision to source manufacturing at a CMS provider located in Taiwan.

Inventory Reduction 52

Inventory Reduction Customer Service Price Reduction Cost Reduction Strategies 52

Unleashed

JUNE 14, 2022

Order fulfilment is crucial to any eCommerce strategy , particularly as customers demand faster and easier access to products. Ecommerce fulfilment is the logistics required in order to get your products to the people who have purchased from you. What is eCommerce fulfilment? Order processing when a purchase is made online.

Inventory Reduction 98

Inventory Reduction Material Savings Resource Reduction Cost Reduction Strategies 98

Talking Logistics

OCTOBER 6, 2014

It’s one of the most common questions I get these days from third-party logistics providers (3PLs), especially this time of the year as they’re finalizing their strategies for 2015 and beyond. For years, shippers have been reporting significant logistics cost reductions from moving operations to Mexico.

Mexico 183

Mexico Third Party Logistics Cost Reduction Strategies Inventory Reduction 183

GlobalTranz

MAY 18, 2018

Omni-channel sales strategies have become essential to companies trying to keep up with Amazon and major retailers. In addition, some may feel that growing into a seamless omnichannel sales strategy is impossible without supply chain technology hiccups, but that is not true. Essentially, this lends itself to intelligent fulfillment.

Supply Chain Design Software 138

Supply Chain Design Software Supply Chain Software Omnichannel Analytics Software 138

The Logistics of Logistics

MAY 1, 2023

Sankalp Arora and Joe Lynch discuss gathering inventory data, a function that is being transformed by Sankalp’s company Gather AI. Sankalp is CEO and Co-founder at Gather AI, a warehouse automation company that has created the world’s first drone-powered inventory monitoring solution.

Inventory Reduction 199

Inventory Reduction Inventory Data Optimization Software 199

GlobalTranz

APRIL 25, 2017

The high-revolution has given emerging markets the opportunity to become fully developed, increasing the number of consumers and manufacturers. The concept of actionable intelligence is about using technology and software to ensure company goals reflect industry strategy and demands. Why Work With a 3PL? What About 3PLs Offering TMS?

Cost Reduction Strategies 156

Cost Reduction Strategies Resource Reduction Vendor Strategies Expense Reduction 156

Logistics Bureau

APRIL 3, 2023

To date, most of our content has covered topics related either to logistics or manufacturing outsourcing. Outsourcing for Reduced Supply Chain Cost Few business leaders would argue that reducing costs in the supply chain is an improvement. What Can You Outsource, and What Should You Outsource?

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

SCMDOJO

APRIL 15, 2024

Amazon’s Mission Its unwavering commitment to customer satisfaction is at the heart of Amazon’s logistics strategy. This customer-focused approach permeates every aspect of their operations, including logistics. Get ready to dive into the $574 billion machine and see what Amazon has planned for the future of delivery!

Logistics Network Optimization Software 81

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 81

SCMDOJO

JUNE 21, 2023

While implementing SCaaS poses challenges, it has demonstrated its effectiveness across industries, fostering company growth, cost reduction, and leveraging cutting-edge technology. Supply Chain as a Service (SCaaS) is a new approach to managing the complex process of getting products from manufacturers to consumers.

Supply Chain Planning Software 92

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 92

Supply Chain Game Changer

MARCH 14, 2022

When considering which category a course falls under we tend to favor those whose approach tends towards smaller details as opposed to big picture ideas like lean as they relate directly back to daily logistics efforts most supply chain managers face while working in corporate settings. Supply Chain Logistics.

Course 115

Course Supply Chain Planning Software Agile and Lean Supply Chain Vendor Strategies 115

20Cube Logistics

MAY 15, 2022

Many organisations are aiming to become carbon neutral by reducing the carbon footprints through various environment- positive strategies. Cutting down on wastage, reduced consumption of resources, and minimal greenhouse carbon emission have become necessary steps that an organisation can take to showcase a responsible behaviour.

Resource Reduction 75

Resource Reduction 3PL Waste Reduction Material Savings 75

BR Williams Supply Chain Management

FEBRUARY 15, 2024

One effective strategy gaining prominence is outsourcing supply chain management to third-party logistics (3PL) companies , allowing businesses to delegate tasks and enhance overall efficiency. When businesses outsource their supply chain management, they open the door to a wealth of expertise.

Resource Reduction 40

Resource Reduction Cost Reduction Strategies Inventory Reduction Supply Chain Optimization 40

BR Williams Supply Chain Management

DECEMBER 21, 2021

This concept of hyper-automation allows you to use the platforms you’ve already invested in and implement newly developed tools that eliminate repetitive tasks. Increase Transparency with Online Inventory. At BR Williams, customers can view their entire inventory stored at our facility at any time online.

Optimization Software 98

Optimization Software Supply Chain Planning Software Supply Chain Software Analytics Software 98

ThroughPut

APRIL 10, 2020

Logistics Management Software is one that helps drive the logistics function of an organization by managing the actual flow of materials, goods, and services from the point of origin to the point of consumption. Logistics has, however, come a long way. Before the 1950s, logistics was perceived in purely military terms.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Manufacturing Procurement Supply Chain Planning Software Handbook 52

ThroughPut

APRIL 10, 2020

Logistics Management Software is one that helps drive the logistics function of an organization by managing the actual flow of materials, goods, and services from the point of origin to the point of consumption. Logistics has, however, come a long way. Before the 1950s, logistics was perceived in purely military terms.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Manufacturing Procurement Supply Chain Planning Software Handbook 52

ThroughPut

APRIL 10, 2020

Logistics Management Software is one that helps drive the logistics function of an organization by managing the actual flow of materials, goods, and services from the point of origin to the point of consumption. Logistics has, however, come a long way. Before the 1950s, logistics was perceived in purely military terms.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Manufacturing Procurement Supply Chain Planning Software Handbook 52

BR Williams Supply Chain Management

DECEMBER 17, 2021

These business changes create stress and demand logistics responsibilities like inventory management, shipping, returns, exchanges, and freight carrier coordination. Should you handle your e-commerce product fulfillment yourself or partner with a third-party logistics (3PL) warehousing and distribution provider ?

3PL 105

3PL Negotiating Skills Purchasing Training Warehousing 105

ToolsGroup

MAY 12, 2021

CSCMP and ToolsGroup surveyed more than 200 supply chain professionals around the world from manufacturing, retail, consumer packaged goods, aftermarket parts, wholesale distribution, and third-party logistics (3PL) firms, as well as consulting organizations.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Scenario Planning 156