SCMDOJO

NOVEMBER 9, 2023

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. The primary goal of inventory control is to reduce the costs associated with holding stock.

Inventory Reduction 79

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 79

SCMDOJO

MARCH 8, 2024

In the world of business, managing inventory efficiently can make all the difference between success and struggle. Whether you’re a small startup or a large enterprise, optimizing your inventory is crucial for staying competitive and profitable. Read more on Optimizing Inventory and Lead Time Management on our website SCMDOJO!

Inventory Reduction 78

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 78

The Logistics of Logistics

AUGUST 11, 2021

Logistics and Supply Chain – 1940 to 2040 with Jason Miller. Jason Miller and Joe Lynch discuss logistics and supply chain, 1940 – 2040. Jason Miller (PhD The Ohio State University) is a tenured Associate Professor of Logistics and the John D. Key Takeaways: Logistics and Supply Chain – 1940 to 2040.

Supply Chain Software 130

Supply Chain Software Logistics Network Optimization Software Michigan Manufacturing Procurement 130

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. . About 9% even had stopped offering free shipping to recover costs, while 7% held off on ordering peak inventory to see if prices would level off.

Just-in-Time 98

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

ShipBob

OCTOBER 4, 2023

How you manage your inventory is a key factor that determines the efficiency, accuracy, and overall performance of your ecommerce operations. It involves closely tracking your inventory levels to replenish your stock at the right time and maintain inventory accuracy. What is inventory reduction? Let’s get started.

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Strategies Expense Reduction 52

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

GlobalTranz

OCTOBER 2, 2018

Yet, as few as 33 percent of shippers have taken advantage of a transportation management system (TMS), reports Michael of Levans of Logistics Management. What Are the Challenges in Managing E-Commerce Logistics? Going back to reverse logistics, consumers expect a hassle-free, cost-free returns process. LEARN MORE.

Logistics Network Optimization Software 198

Logistics Network Optimization Software Material Savings Vendor Strategies Cost Reduction Strategies 198

Supply Chain Game Changer

FEBRUARY 1, 2022

Featuring Our Top 16 Articles on Freight and Logistics! Logistics has been in the news a lot lately, and it will continue to be for some time to come. In March of 2021 we heard about Logistics when a ship blocked passage through the Suez Canal. What is Logistics exactly? Definition of Logistics.

Logistics Network Optimization Software 89

Logistics Network Optimization Software Logistics Resource Reduction Military 89

Turvo

AUGUST 31, 2021

With all the volatility that still lingers in the modern supply chain, the need for high-quality data analysis, solid procurement planning, good profit margins , and streamlined scheduling systems all remain crucial for shipping and transportation providers. Why Poor Visibility in Grocery Procurement Plans Lead to Big Issues.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Optimal Sourcing 59

Unleashed

DECEMBER 21, 2023

Without the right inventory management solutions in place, it’s almost impossible to maintain optimal stock levels, minimise costs, and improve overall efficiency – all of which are essential to ongoing business success. In this guide: What are inventory management solutions?

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

Logistics Viewpoints

DECEMBER 12, 2022

In September of 2020, the company hired Jeff Baker to be their Vice President of Procurement and Integrated Supply Chain. Mr. Baker spent over 34 years leading procurement teams at The Dow Chemical Company. At Dow, Mr. Baker had Purchasing experience in raw materials, and logistics for their plastics supply chain.

Supply Chain Planning Software 200

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Scenario Planning 200

Logistics Bureau

AUGUST 2, 2021

On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance. To answer some of those inquiries, we decided to release the following brief overview of what we believe to be the most helpful procurement KPIs.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

Logistics Viewpoints

FEBRUARY 8, 2022

Navigating an Increasingly Challenging Logistics Landscape. These e-commerce trends are placing increasing pressure on logistics teams to keep up with demand volatility, provide incredibly fast delivery, and reliably fulfill all their promises to customers and consumers. Logistics Digitalization Provides an Answer.

Logistics Network Optimization Software 187

Logistics Network Optimization Software Optimal Sourcing Supply Chain Planning Software Modeling 187

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? But consider, too, how you can turn those needs to your advantage in inventory management.

Inventory Reduction 72

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

SCMDOJO

MARCH 19, 2024

While Its primary purpose is to manage the entire process, from procurement to delivery, efficiently and cost-effectively, it also coordinates with production to automate processes and planning, etc. Watch What is Marketing Procurement? on our SCMDOJO YouTube Channel! Why do you need a structured Supply Chain Department?

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

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

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

The Logistics of Logistics

JUNE 23, 2022

When asked what peak season is, it’s easy to assume the holidays are the only peak shipping season. However, four shipping seasons occur throughout the year and are often regular and expected. That was the case until the ongoing disruptions of the past few years changed the shipping game. Q2: The Produce Shipping Season.

Supply Chain Planning Software 237

Supply Chain Planning Software Supply Chain Planning Scenario Planning Retail 237

Supply Chain Game Changer

JULY 2, 2021

Shipping container shortage article and permission to publish here provided by Sam White at Argentus. The massive global shipping squeeze. In their story about the shipping shortage, the CBC quoted shipping analyst Alan Murphy, who detailed how this changing demand has massively disrupted the global shipping market.

Shipping 105

Shipping Agile and Lean Supply Chain Supply and Demand Price Reduction 105

Logistics Viewpoints

DECEMBER 5, 2022

Mr. Eberle is the vice president of logistics and distribution operations at Molex. Those shipments can move directly to customers or move to several regional distribution centers (DCs) that serve as forward inventory locations and consolidation hubs servicing customers and channel partners. Molex Realizes it Needs Better Visibility.

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 196

SCMDOJO

APRIL 22, 2024

As recent times have shown us, political matters across the world can have an impact on shipping routes, thus affecting the prices of goods all around the world. Delays Delays happen when ships are involved, or even when a vehicle transport company is involved like A1 Auto Transport. How Can We Create More Resilient Supply Chains?

Inventory Reduction 77

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 77

Logistics Viewpoints

OCTOBER 2, 2023

Elenjickal points out that there is a difference between transportation visibility – where the truck or plane or ship is, inventory visibility – visibility to where stock keeping units are located across the end-to-end network, and order visibility. appeared first on Logistics Viewpoints.

Real-time Visibility 218

Real-time Visibility Supply Chain Visibility Inventory Reduction Agile and Lean Supply Chain 218

The Logistics of Logistics

NOVEMBER 8, 2021

Matt shifted to logistics sales and became a very successful agent for BlueGrace. To support same-day, next-day shipping, some companies are opening warehouses that are smaller and located closer to population centers. Many companies, especially manufacturers, utilize a just-in-time (JIT) approach to inventory management.

Warehousing 229

Warehousing Supply Chain Design Software Logistics Network Optimization Software Inventory Management Software 229

Ware2Go

FEBRUARY 20, 2023

Building a more resilient supply chain involves having contingency plans in place, prioritizing supplier diversity, and implementing technology that enables you to pivot inventory distribution and align your marketing and procurement strategies.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Supply Chain Optimization 98

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

Talking Logistics

APRIL 22, 2019

Based on the top Talking Logistics posts and videos this quarter, it’s clear that transportation management remains a hot topic of interest — everything from how to navigate the twists and turns of the market to how to leverage transportation management systems (TMS) and emerging technologies to drive continuous improvement. No Problem.

Logistics Network Optimization Software 110

Logistics Network Optimization Software Logistics Supply Chain Planning Software Inventory Reduction 110

Kanban Logistics

AUGUST 13, 2020

What is inbound logistics? See, there’s a big difference between handling inbound logistics yourself and outsourcing it to a trusted North Carolina third-party logistics (3PL) provider that knows the manufacturing industry. What is inbound logistics? 3PL inbound logistics services. Third-party procurement.

3PL 98

3PL Manufacturing Procurement Logistics Network Optimization Software Material Savings 98

SCMDOJO

JULY 24, 2023

Contract Logistics is a critical aspect of the supply chain that often remains behind the scenes but plays a significant role in ensuring the efficient movement and management of goods. Read More: 6 Logistics KPIs Attributes That are Essential ] What is Contract Logistics?

Logistics Network Optimization Software 90

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

Logistics Viewpoints

APRIL 10, 2023

Or, alternatively, a company carries too much inventory, storage for excess inventory must be purchased, and cash flows become tight. The finished products are then ready to be shipped to big box retailers like Target, Dick’s Sporting Goods, Walmart. They also ship to Amazon to support ecommerce sales.

Security 197

Security Supply Chain Planning Jordan Forecasting 197

The Logistics & Supply Chain Management Society

JULY 16, 2023

It appears that operational and procurement risks for beneficial cargo owners or shippers, in the short term, are minimal. Written by logistics leaders who are practitioners in their respective companies, it aims to stimulate thinking on how shippers or BCO’s could view business continuity and risk in the current environment.

Risk Management 130

Risk Management Global Price Reduction Inventory Reduction 130

GlobalTranz

FEBRUARY 13, 2017

The election is over, but the race is just starting for logistics providers. From Amazon to hyper-local retailers, 2017 will be a year of intense scrutiny and pressure on logistics providers. Fortunately, your organization can get ahead of the learning curve by knowing what trends in logistics to watch for this year.

Resource Reduction 205

Resource Reduction Inventory Reduction Trends Logistics Network Optimization Software 205

ShipBob

SEPTEMBER 29, 2021

These are all forms of retail logistics. From managing inventory flow to ensuring that customers receive shipments on time, retail logistics streamlines the different stages of your ecommerce supply chain to keep your business running smoothly. What are retail logistics? COVID’s impact on retail logistics.

Optimal Sourcing 52

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

Logistics Viewpoints

JULY 13, 2022

Weather delays can affect shipping lanes, manufacturers face product shortages, demand continues to spike for certain products, containers are difficult to acquire, and the trucking industry faces a driver and capacity shortage, just to name a few. These include: The Procurement bidding process and business awards. Supplier legitimacy.

Supply Chain Software 212

Supply Chain Software Supply Chain Supply and Demand Supply Chain Network Software 212

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. About 9% even had stopped offering free shipping to recover costs, while 7% held off on ordering peak inventory to see if prices would level off.

Just-in-Time 52

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

SYSPRO Smarter ERP

NOVEMBER 30, 2021

Investments in logistics and supply chains would potentially support wider product ranges, foster time savings and attract larger numbers of customers. Forced to implement protective measures through the pandemic, some companies increased overhead by stock piling inventory which negatively affects both cash flow and profits.

Forecasting 105

Forecasting Forecasting Software Inventory Management Software Supply Chain Planning Software 105

Supply Chain Shaman

OCTOBER 13, 2022

While shipping craziness is abating, the issues and implications of the Russian-Ukrainian war, energy shortages in China and Europe, food instability in Africa, and the global water crisis reverberate as disruption after disruption in the supply chain. Inventories increased by 44% due to supply chain volatility. See the pattern?

Supply Chain Planning Software 217

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 217

SCMDOJO

MARCH 27, 2024

That includes inventory tracking, order management, demand forecasting, and logistics planning. 2 Magaya Supply Chain Another logistics and supply chain management tool is the Magaya Supply Chain. Pros: Comprehensive features set covering a wide range of logistics needs. Cons: It is more focused on procurement.

Supply Chain Design Software 69

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Forecasting Software 69