Logistics Viewpoints

APRIL 22, 2021

alternate sourcing strategies), while others are potentially negative (e.g. China increased its lead in global parcel volume in 2019, shipping more than 63 billion parcels last year, representing 26% YoY growth and making up substantially more than half of global parcel volume. fewer commuting miles driven), some largely neutral (e.g.

Supply Chain Disruption 327

Supply Chain Disruption Supply Chain Planning Software Supply Chain Software Sustainability 327

Logistics Bureau

AUGUST 7, 2023

Effective inventory management has become increasingly crucial for businesses in this fast-paced and rapidly evolving era of ecommerce. Moreover, the ecommerce explosion has brought new and unique challenges that complicate inventory management for enterprises selling online.

Inventory Management Software 75

Inventory Management Software Inventory Reduction Inventory Management Inventory 75

Intelligent Audit

JULY 27, 2021

Supply and demand are two sides of the same coin, the vital coin of inventory management supply chain analytics. Without adequate inventory and supply to go along with capacity and demand, supply chain management will struggle to keep pace during peak seasons.

Inventory Reduction 52

Inventory Reduction Vendor Strategies Cost Reduction Strategies Sourcing Strategies 52

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. Supply chain strategy, process, talent and enabling technologies each play important roles. Consumer anticipation was thus compounded by a developing global supply chain disruption.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

ToolsGroup

NOVEMBER 23, 2021

Here are ways smart supply chain planning can help you minimize those post-pandemic shortages while still meeting your business objectives. 7 practical strategies to minimize risk and manage supply chain shortages. When facing the uncertainties that surround supply chain shortages, remember: You’re not alone.

Supply Chain Planning Software 291

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 291

Ware2Go

JANUARY 7, 2022

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case inventory strategies. . Running a JIC strategy, companies risk tying up working capital in inventory, but the risk of stockouts is lower.

Just-in-Time 98

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 98

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like?

Inventory Reduction 73

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 73

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

Cathy Roberson

AUGUST 15, 2022

Many retailers are feeling inventory pains despite assuring analysts that they're quite pleased with their inventory levels. Mind you, some retailers may indeed be pleased with their inventory levels, but others may be trying to figure out where to store the excess inventory since so many warehouses are beyond full.

Inventory Reduction 52

Inventory Reduction Resource Reduction Inventory Cost Reduction Strategies 52

Unleashed

JUNE 7, 2023

Inventory optimisation is the process that enables efficient inventory management. It allows businesses to sustainably control stock and sell products despite shifts in customer demand or unexpected supply issues. In this inventory optimisation guide: What is inventory optimisation?

Inventory Management Software 52

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

ShipBob

AUGUST 3, 2021

An agile supply chain must also be able to react quickly to changes, delays, and unexpected events to maintain customer expectations, stay competitive, and grow their business. Here is an overview of why supply chain agility is important for ecommerce. Reduce supply chain costs. Inventory management.

Agile and Lean Supply Chain 119

Agile and Lean Supply Chain Sourcing Strategies Inventory Reduction Material Savings 119

QAD

OCTOBER 26, 2023

Supply chain disruptions have led many discussions the past couple years — and how they have been embraced by experts as the new normal. However, it is important to remember that the supply chain has always been vulnerable. As a result, disruption can be a catalyst for positive change.

Supply Chain Disruption 92

Supply Chain Disruption Supply Chain Software Supply Chain Strategy Modeling 92

Unleashed

JANUARY 31, 2023

Supply chain disruptions are the enemy of product businesses. Lean logistics is a strategy designed to optimise supply chain efficiency by cutting out waste and maximising customer value. Once identified, these wasteful activities can be eliminated by optimising the process they exist therein.

Agile and Lean Supply Chain 98

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

ToolsGroup

DECEMBER 20, 2021

Global Trade Authority Rob Garrison, CEO and Co-Founder of Mercado Labs, shares insights from over 30 years of supply chain experience working with a variety of Fortune 500 companies. Here, he explains what caused current global supply chain disruptions, and shares the five steps needed to overcome today’s supply chain issues.

Supply Chain Disruption 194

Supply Chain Disruption Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 194

SYSPRO Smarter ERP

FEBRUARY 2, 2022

Manufacturers have incurred significant financial losses due to supply chain disruptions and the subsequent inventory management challenges. As a result, when ordering a component, it may have to be shipped from one end to the other. Inventory management in the supply chain. Tracking issues.

Manufacturing Procurement 105

Manufacturing Procurement Inventory Management Software Inventory Management Inventory Reduction 105

SYSPRO Smarter ERP

JUNE 21, 2022

Contrary to general opinion, the causes of the supply chain disruptions currently being experienced worldwide were prevalent long before the Covid-19 pandemic. . This has created long lines of container ships waiting for berths creating delays that never existed before – from days to weeks.

Supply Chain Disruption 105

Supply Chain Disruption Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software 105

Unleashed

MAY 30, 2023

Anticipation inventory is the solution to this problem. Read on to learn what it is, how it works, and the pros and cons of this inventory strategy. What is anticipation inventory? Anticipation inventory can be described as the inventory which is purchased in anticipation of expected increases in demand.

Inventory Reduction 52

Inventory Reduction Inventory Negotiating Skills Purchasing Skills 52

QAD

DECEMBER 2, 2021

Fortunately, implementing a digital transformation strategy can help, and manufacturers today have plenty of options at their fingertips. These moments, of course, can’t be bought or shipped halfway around the world, but they are enabled by many of the products I hope to fill my shopping cart with. Implement Risk Management Strategies.

Supply Chain Disruption 96

Supply Chain Disruption Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 96

ToolsGroup

MARCH 7, 2023

This is just the latest of the company’s significant strides towards making supply chains a force for good by helping organizations guarantee service, reduce excess stock, and increase profits. Version 8.60

Optimal Sourcing 156

Optimal Sourcing ToolsGroup Supply Chain Planning Software Scenario Planning 156

Logistics Viewpoints

FEBRUARY 2, 2024

The jobs reduction will save $1 billion this year, Tomé said on an earnings conference call with analysts on Tuesday. UPS is seeking alternative strategies for its truck brokerage business, which has seen sales plummet amid a freight recession marked by declining rates and over capacity.

Cost Reduction Strategies 238

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 238

Taulia

SEPTEMBER 7, 2022

But those goods and materials, referred to collectively as inventory, can be difficult to manage efficiently – especially at scale. Ineffective management of inventory can be extremely harmful to operational success. But, to complicate matters, there’s more than one inventory management strategy to choose from.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Material Savings 52

SYSPRO Smarter ERP

MARCH 31, 2022

Just about every supply chain will be affected by this crisis, for example, with fuel prices surging although there is no shortage yet, there’s risk in supply and shipping routes being cancelled or diverted. Supply chain challenges.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Disruption Supply Chain Design Software Supply Chain Planning Software 105

Ware2Go

JANUARY 10, 2022

Should you change your supply chain procurement strategy in light of continuing supply chain disruptions? Many merchants were concerned about having enough inventory to meet demand, and consumers wondered if they would be able to secure holiday gifts for loved ones.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Price Reduction 52

Supply Chain Shaman

SEPTEMBER 5, 2022

Thirty-one months of supply chain disruption. The Russian invasion of Ukraine stretches into a much longer war resulting in serious disruptions to the food, automotive, and semi-conductor supply chains. Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. My take away?

Supply Chain Planning Software 243

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 243

EazyStock

JANUARY 27, 2021

2021 Supply Chain and Inventory Management Trends for the US. Here we are, one year later, trying to determine the 2021 supply chain and inventory management trends to adopt. But automation is penetrating other areas of the supply chain as well – as software. Automation.

Inventory Management Software 96

Inventory Management Software Supply Chain Planning Software Supply Chain Software Inventory Reduction 96

Unleashed

JULY 2, 2023

Days Inventory Outstanding (DIO) is a fundamental inventory metric for measuring efficiency and liquidity inside a product business. It’s used frequently in inventory accounting to help businesses understand their holding costs and make optimised purchasing decisions. What is Days Inventory Outstanding?

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Procurement Analytics 52

Logistics Viewpoints

OCTOBER 20, 2021

In our conversation, Ken spoke about some of the findings from a recent survey Logistyx conducted on cross-border holiday spending, as well as some larger trends around the state of parcel shipping. Fourth, what are some industry-specific trends for parcel shipping? The State of Parcel Shipping. The Holiday Season.

Supply Chain Network Software 194

Supply Chain Network Software Logistics Network Optimization Software Demand Planning Software Supply Chain Software 194

Ware2Go

JANUARY 7, 2022

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case procurement strategies. However, as we’ve seen during the COVID-19 global pandemic , unexpected disruptions to supply and demand creates major issues.

Just-in-Time 52

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 52

Unleashed

MAY 1, 2023

An inventory control chart is an immensely helpful tool for demand forecasting and inventory management. What is an inventory control chart? An inventory control chart, also known as a stock control chart, is a visual diagram that reflects the minimum and maximum stock levels of a business over time.

Inventory Reduction 52

Inventory Reduction Examples Inventory Inventory Management Software 52

Logistics Viewpoints

MARCH 25, 2021

If your company’s supply chain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the supply chain resiliency test. Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks.

Supply Chain Planning Software 309

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 309

Unleashed

JULY 12, 2023

Inventory is often the largest current asset in a business. Before you develop an effective inventory management strategy you need to understand what inventory is, its various types, and how it works in a business. What is inventory? Inventory is the stock of goods and materials currently owned by a business.

Inventory Reduction 52

Inventory Reduction Examples Inventory Material Savings 52

IQMS

MARCH 22, 2021

Getting warehouse management performance right keeps inventory handling costs under control while improving warehouse efficiency, leading to greater customer satisfaction because orders are shipping on time or early – delighting customers in the process. No one wants to lose a customer because supply chains are so uncertain today.

Inventory Reduction 54

Inventory Reduction Resource Reduction Cost Reduction Strategies Material Savings 54

Logility

APRIL 9, 2020

Supply chain disruptions, like the one we are currently experiencing due to the COVID-19 Pandemic will continue to happen. Although I am sure I missed a few, the point is our global, complex, fast-paced supply chains can be disrupted in hundreds of ways and I for one don’t see that changing anytime soon.

Supply Chain Planning Software 188

Supply Chain Planning Software Supply Chain Design Software Supply Chain Disruption Agile and Lean Supply Chain 188

DELMIA Quintiq

MAY 27, 2015

With such a tight deadline, you can’t afford to waste time combing through lengthy reports to come up with fresh strategies that could or could not work. You need immediate insights – from people who’ve experienced the same problems in their supply chain planning. Optimizing inventory in S&OP. Let’s face it.

Inventory Reduction 120

Inventory Reduction Waste Reduction Cost Reduction Strategies Supply Chain Planning Software 120

crisp

OCTOBER 3, 2023

We’re providing insight on the retail trends surrounding the 2023 holiday season, and how businesses can leverage data-driven strategies to meet them head-on. While supply chain disruptions that have defined previous years are showing signs of improvement , the current market faces a new set of challenges.

Waste Reduction 52

Waste Reduction Inventory Reduction Vendor Strategies Resource Reduction 52

Supply Chain Matters

JULY 6, 2022

During this unprecedented period of non-stop global supply chain disruption, the Supply Chain Matters blog provides readers with additional industry specific examples, along with their implications. The strategy was ill-timed given the onset of the global Covid-19 pandemic in 2020 and 2021. General Motors.

Supply Chain Disruption 52

Supply Chain Disruption Inventory Reduction Examples Supply Chain Strategy 52

Logistics Bureau

MAY 24, 2021

Among the universal challenges that the COVID-19 pandemic has imposed upon the supply chain management profession is the question of inventory, specifically, “how much is enough?”. It wasn’t long ago that businesses were asking, “By how much can I reduce my levels of inventory?”. Let’s Start with Safety Stock.

Inventory Reduction 98

Inventory Reduction Inventory Supply Chain Planning Software Company 98