The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

IoT supports operational efficiencies in areas such as asset tracking, inventory management and forecasting, improving productivity and aiding decision-making across the supply chain. Robotics enabled with AI and ML augment the work of humans in warehouses and distribution centers. Artificial Intelligence AND Machine Learning.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

Supply Chain Shaman

SEPTEMBER 5, 2022

Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. Today, inventory fire sales abound. Headline news included Wal-Mart, Target, Kohl’s and Macy’s struggling with inventory bloat and offering deep discounts. Business continuity continues to be a risk for many retailers and manufacturers. My take away?

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 235

SYSPRO Smarter ERP

DECEMBER 12, 2022

Because it is so important, the way a GL is designed, used, and secured needs to be understood in a modern manufacturing business. When an accounting transaction occurs, it is first recorded in the accounting system in a journal applying the same double-entry system that Luca Pacioli described more than 500 years ago.

Supply Chain Design Software 111

Supply Chain Design Software Predictive Analytics Software Supply Chain Planning Software System 111

MIT Supply Chain

SEPTEMBER 8, 2022

Companies are trying all manner of ways to rid themselves of bloated inventories at a time when they typically build inventory for the end-of-year holiday season. Companies are trying all manner of ways to rid themselves of bloated inventories at a time when they typically build inventory for the end-of-year holiday season.

Inventory Reduction 52

Inventory Reduction Modeling Inventory Supply Chain Strategy 52

Unleashed

JUNE 15, 2023

The Cost of Goods Sold formula is: Opening Inventory + Purchases + Production Costs – Closing Inventory = Cost of Goods Sold Below, we explain what the cost of goods sold (COGS) is, why it’s important for product businesses, and how to calculate COGS using the cost of goods sold formula. What is cost of goods sold?

Purchasing Skills 52

Purchasing Skills Negotiating Skills Examples Cost Reduction Strategies 52

Supply Chain Opz

JANUARY 3, 2022

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. Our Rating: 4.9/5 Our Rating: 4.9/5

Logistics Network Optimization Software 130

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

Unleashed

APRIL 20, 2023

An inventory accounting journal entry records your inventory transactions, helping to categorise your financial expenses and earnings. This makes them an essential element of inventory accounting. What are inventory accounting journal entries? Your inventory value increases when additional units are added.

Journal 52

Journal Inventory Reduction Inventory Manufacturing Procurement 52

American Global Logistics

JANUARY 30, 2024

Key Economic Indicator #3: Recession–Business Cycle Contraction As of December 2023, the Wall Street Journal reported that a soft landing was in the making. With that, let’s turn to and analyze PMI-Manufacturing. Key Economic Indicator #5: PMI-Manufacturing The S&P Global US Manufacturing PMI for December 2023 decreased to 47.9

Supply Chain Strategy 52

Supply Chain Strategy Supply Chain Optimization Supply Chain Price Reduction 52

Supply Chain Matters

AUGUST 22, 2022

In this Supply Chain Matters industry specific commentary, we make the observation that retail industry sales and operations planning and demand support teams, given the current state of recent business financial performance, need to up their game in supply network inventory management agility and added responsiveness. .

Inventory Management Software 52

Inventory Management Software Agile and Lean Supply Chain Inventory Management Inventory Reduction 52

NC State SCRC

DECEMBER 15, 2022

In today’s Wall Street Journal , I was interviewed regarding a case that was just filed against Amazon by a large robotics , claiming that the e-commerce giant backed away from promises made early in the Covid-19 pandemic to support the supplier with millions of dollars in new purchases.

Forecasting 52

Forecasting Forecasting Software Inventory Reduction Manufacturing Procurement 52

Supply Chain Matters

AUGUST 7, 2023

While 209,000 workers were added in June, 14,000 freight and parcel carriers were cut and 6,900 warehousing and storage jobs were lost. In the past we would expect to see transportation and warehousing ramping up hiring in late summer ahead of peak season. ” warehouse workers in June of 2022. There were 1.96

Logistics Network Optimization Software 52

Logistics Network Optimization Software Transportation Logistics Warehousing 52

Enterra Insights

MARCH 29, 2022

Among the challenges facing supply chains, Minevich notes, are: Too few workers to fill manufacturing jobs; constant disruptions from extreme weather events; inflation; and resource constraints. Their innovations include more nimble systems for managing warehouses and tracking inventory. Everything fell out of balance.”[3]

Supply Chain Software 130

Supply Chain Software Agile and Lean Supply Chain Supply Chain Strategy Modeling Software 130

Enterra Insights

OCTOBER 26, 2021

For instance, unsold goods being sent from a retailer back to a distribution center or the manufacturer would constitute reverse logistics. The practice, known as ‘item not received’ fraud, took off during the pandemic, when warehouses were backed up and carriers were overwhelmed by a surge in e-commerce orders. ”[4].

Waste Reduction 130

Waste Reduction Reverse Logistics Inventory Reduction Cost Reduction Strategies 130

6 River Systems

JULY 3, 2020

There are many factors to consider when designing a warehouse layout, and every design decision can have a significant impact on operational efficiency. Curtis Barry & Company , labor comprises more than half of a warehouse’s total operations costs. According to F.

Supply Chain Design Software 52

Supply Chain Design Software Warehousing Supply Chain Design Supply Chain Planning Software 52

AB&R

NOVEMBER 20, 2023

The pandemic accelerated the Buy Online Pick Up in Store (BOPIS) model, which accounted for $72 billion in purchases in 2020, having greater inventory accuracy grew ever more important. Opportunities for manufacturing Walmart is not the only retailer that requires RFID – and you can expect many to follow suit. HAVE QUESTIONS?

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Modeling Software Forecasting Software 52

Supply Chain Matters

APRIL 4, 2024

In reporting of the latest investment, The Wall Street Journal observed that the total investment represents Amazon’s largest investment in another company since its founding 30 years ago. The data is then compared with the existing warehouse management system (WMS) in order to foster real-time inventory accuracy and availability information.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 40

Kinaxis

FEBRUARY 5, 2016

This growth, combined with the impact digital commerce has on consumer behavior, has what the Wall Street Journal called “an outsize impact” on the supply chain. Manufacturing businesses are undergoing enormous change, including changing consumer expectations and technological advancements. percent (compared to 1.6

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Strategy 100

Unleashed

SEPTEMBER 28, 2023

If you’ve ever had inventory sitting in the storeroom or warehouse unused, unsold, and taking up space – you’ve experienced dead stock. Fortunately, efficient dead stock inventory management can help you avoid those losses. It can appear in the form of raw materials, in-progress inventory, or finished goods.

Material Savings 52

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 52

RFgen

AUGUST 10, 2015

Manufacturers need tools to prepare for any business obstacle. Solutions to manufacturer supply chain logistics management problems are solved through diversification and unified information systems. How Natural Disasters Affect Manufacturers. How Natural Disasters Affect Manufacturers.

Material Savings 52

Material Savings Inventory Reduction Vendor Strategies Cost Reduction Strategies 52

RFgen

AUGUST 10, 2015

Manufacturers need tools to prepare for any business obstacle. Solutions to manufacturer supply chain logistics management problems are solved through diversification and unified information systems. How Natural Disasters Affect Manufacturers. How Natural Disasters Affect Manufacturers.

Material Savings 52

Material Savings Inventory Reduction Vendor Strategies Cost Reduction Strategies 52

Supply Chain Matters

AUGUST 15, 2022

The saga of fitness hardware and services provider Peloton Interactive took yet another turn last week with an announcement of the pending closing of the company’s owned North American warehouses and the shedding of field customer support teams, along with other moves. Inventory Glut of Bicycles. over the coming months.

Inventory Reduction 52

Inventory Reduction Customer Service Price Reduction Cost Reduction Strategies 52

GlobalTranz

JUNE 8, 2017

More findings on the cloud cargo transportation and warehouse management systems you may discover on the web. Each industry has its peculiarities, among the others, in the logistics, manufacturing, and supply. Journal rated her articles as "chart-topping storytelling" in the field. A Better Scope Management. Feel no end of time!

Logistics Network Optimization Software 200

Logistics Network Optimization Software Resource Reduction Cost Reduction Strategies Modeling Software 200

RFgen

JULY 3, 2018

Many warehouse teams are adopting mobile devices. Businesses are facing new challenges in terms of inventory management and order fulfillment, and the time to move to embrace digital solutions has arrived. Bringing Mobile Devices to the Warehouse. Bringing Mobile Devices to the Warehouse.

Warehousing 52

Warehousing Supply Chain Planning Software Inventory Management Software Sourcing Strategies 52

RFgen

JULY 3, 2018

Many warehouse teams are adopting mobile devices. Businesses are facing new challenges in terms of inventory management and order fulfillment, and the time to move to embrace digital solutions has arrived. Bringing Mobile Devices to the Warehouse. Bringing Mobile Devices to the Warehouse.

Warehousing 52

Warehousing Supply Chain Planning Software Inventory Management Software Sourcing Strategies 52

Unleashed

AUGUST 28, 2023

The cost of sales is an inventory accounting metric that measures the accumulated costs in getting finished goods to market. The cost of sales metric is most commonly used in the retail and eCommerce industries, whereas manufacturing businesses typically calculate profitability using the cost of goods sold formula instead.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Cost Reduction Strategies Examples 52

Supply Chain Matters

FEBRUARY 23, 2023

Our specific prediction was that manufacturers and retailers will exercise considerable pressure on carriers for re-negotiating existing transportation and logistics contracts. The report further indicates that many retailers have pulled back on inventory replenishment orders while continuing to work through backlogs of inventory.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Price Reduction Cost Reduction Strategies 52

IQMS

OCTOBER 2, 2019

Bottom Line: High performance, integrated food & beverage supply chains are the lifeblood of successful manufacturers in the industry, enabling them to flex in response to customer demand. Six Factors Driving Greater Integration of Supply Chains, Inventory and Warehouse Management.

Beverage 44

Beverage Supply Chain Planning Software Food Inventory Management Software 44

BlueYonder

MAY 25, 2018

In this week’s Friday in 5: Best Buy increases inventory to support multiple channels; Americans say their economic prospects are brighter, despite ongoing concerns; Nordstrom bets big on high-touch technology; Parts Town takes a new approach to automation technology; and a new complication slows free trade negotiations.

Inventory Reduction 40

Inventory Reduction Demand Planning Software Supply and Demand Meeting 40

BlueYonder

MAY 25, 2018

In this week’s Friday in 5: Best Buy increases inventory to support multiple channels; Americans say their economic prospects are brighter, despite ongoing concerns; Nordstrom bets big on high-touch technology; Parts Town takes a new approach to automation technology; and a new complication slows free trade negotiations.

Inventory Reduction 40

Inventory Reduction Demand Planning Software Supply and Demand Supply Chain Software 40

Logistics Bureau

OCTOBER 24, 2022

Since we promised to update you regularly, we’ve collated some of the latest stories from the world of freight shipping, warehousing, logistics services, and supply chain technology, so that you can keep your finger on the pulse of the fast-changing logistics landscape. How retailers are reevaluating post-pandemic inventory strategies.

Supply Chain Planning Software 52

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

Talking Logistics

MARCH 4, 2015

According to reports on 3DPrint.com and the Wall Street Journal , Amazon filed for a patent in Novmeber 2013 titled, “Providing Services Related to Item Delivery via 3D Manufacturing On Demand.” Here’s the abstract plus a drawing from the patent : Methods and systems can be provided for providing items manufactured on demand to users.

Manufacturing Procurement 100

Manufacturing Procurement Inventory Reduction Electronics Logistics Network Optimization Software 100

Supply Chain Matters

SEPTEMBER 6, 2022

The Wall Street Journal reported this week (Paid subscription or metered view) that ocean container freight rates related to the most active global shipping lanes continue to decline amid what is traditionally considered the peak shipping period leading up to the holiday fulfillment season in the November-December period.

Report 52

Report Global Scenario Planning Forecasting 52

RFgen

MARCH 7, 2016

Robots scare a number of manufacturing workers. On the other hand, Insurance Journal suggested a much less extreme possibility in the near future. On the other hand, Insurance Journal suggested a much less extreme possibility in the near future. As robots get smaller, they’re easier to work with.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Supply Chain Software Supply Chain Design Software 52

RFgen

MARCH 7, 2016

Robots scare a number of manufacturing workers. On the other hand, Insurance Journal suggested a much less extreme possibility in the near future. On the other hand, Insurance Journal suggested a much less extreme possibility in the near future. As robots get smaller, they’re easier to work with.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Supply Chain Software Supply Chain Design Software 52

The Logistics & Supply Chain Management Society

JULY 20, 2020

Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains. This boosts revenues and optimises inventory. exact location of goods (on order, in transit, or in a warehouse)). This can be applied to inventory management, fleet and order tracking, ID badging.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

Talking Logistics

JULY 8, 2016

Honeywell To Acquire Intelligrated, A Leader In Supply Chain And Warehouse Automation Technologies. As reported by Loretta Chao in the Wall Street Journal: Orders for new heavy-duty trucks hit a nearly six-year low in June, indicating that trucking companies expect little relief from a weak freight market and sluggish economic growth.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Software Demand Planning Software Supply Chain Network Software 100

DELMIA Quintiq

SEPTEMBER 10, 2019

From Wikipedia via the peer-reviewed Springer journal, Machine Learning; “Machine learning (ML) is the scientific study of algorithms and statistical models that computer systems use to perform a specific task effectively without using explicit instructions, relying on patterns and inference instead. Industry Week confirms these issues.

Supply Chain Design Software 149

Supply Chain Design Software Predictive Analytics Software Modeling Software Industrial 149