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. Should supply chain delays occur, companies can more easily identify the source of bottlenecks and take action to improve processes.

Supply Chain Planning Software 298

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

The Logistics & Supply Chain Management Society

SEPTEMBER 21, 2022

We can help business leaders by providing insight on the environment benefits or disadvantages of their different sourcing options to start with, but after that comes the physical moving of goods. Solarisation of warehousing is possible. LogiSYM Supply Chain Magazine – September 2022.

Supply Chain Design Software 246

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Forecasting Software 246

The Logistics & Supply Chain Management Society

MARCH 22, 2022

left manufacturers and producers in limbo while millions of tons of finished goods were left sitting in containers at ports, at sea, in warehouses and in car parks across the world. Sourcing, production, inventory, supply, delivery, logistics – all outsourced. LogiSYM Supply Chain Magazine – March 2022.

Pharmaceutical 246

Pharmaceutical United Kingdom Agile and Lean Supply Chain Manufacturing Procurement 246

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

How do you reduce excess inventory if the innovative product is not popular? The critical decisions to be made about inventory and capacity are where in the chain to position inventory and available production capacity in order to hedge against uncertain demand. And suppliers should be chosen for their speed and flexibility.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software Demand Planning Software 130

The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

IDC expects spending on Digital Transformation (DX) on the top 5 use cases – smart warehousing, freight management, optimized operations, supplier network management, and predictive network inventory orchestration – to hit USD $33Bn in 2022. Source: 2021 FUTURE ENTERPRISE RESILIENCY & SPENDING- Wave 9, September 2021.

Predictive Analytics Software 246

Predictive Analytics Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 246

ToolsGroup

MARCH 17, 2021

BOSTON, March 17, 2021 – ToolsGroup, a global leader in supply chain planning software, is proud to announce that ToolsGroup Director of Professional Services for Europe, Michael Haiber, and Vice President of Professional Services, Stefano Novati, were both named 2021 “Pros to Know” by Supply & Demand Chain Executive magazine.

Optimal Sourcing 120

Optimal Sourcing Supply Chain Planning Software Demand Planning Software ToolsGroup 120

The Logistics & Supply Chain Management Society

MAY 18, 2021

The new concepts require: • Digital supply chain execution capabilities in transportation, warehouse, labor and fulfillment. • Digital control towers fueled by artificial intelligence (AI), data science and analytics. Strategic product segmentation, sourcing and inventory management. MORE FROM THIS EDITION.

Supply Chain Network Software 243

Supply Chain Network Software Network Optimization Agile and Lean Supply Chain Modeling 243

The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

These include Inventory vs. Service; Local vs Global Sourcing; Multiple Depots vs. Single Distribution Centre. Successful PDM, and the efforts to digitise inventory with detailed data, images, videos, and accurate attributes are the unseen, yet much great elements beneath the surface. Automation in 45 Minutes!

Supply Chain Planning Software 245

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Agile and Lean Supply Chain 245

Supply Chain Game Changer

AUGUST 1, 2019

The next-generation warehouse will deploy analytics, blockchain, robotics, drones, driverless forklifts, automated storage and retrieval systems, and much more. Each rendition of the next-generation warehouse will build on existing technologies, and these improvements have a common denominator. What’s Wrong with Traditional Warehouses?

Supply Chain Design Software 52

Supply Chain Design Software Analytics Software Forecasting Software Modeling 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. We never ran out of or had too much inventory.

Vendor Strategies 120

Vendor Strategies Inventory Reduction Modeling Software Modeling 120

The Logistics & Supply Chain Management Society

MAY 18, 2021

The new concepts require: • Digital supply chain execution capabilities in transportation, warehouse, labor and fulfillment. • Digital control towers fueled by artificial intelligence (AI), data science and analytics. Strategic product segmentation, sourcing and inventory management. MORE FROM THIS EDITION.

Agile and Lean Supply Chain 147

Agile and Lean Supply Chain Supply Chain Execution Supply Chain Planning Software Modeling 147

Veridian Solutions

JUNE 26, 2019

The next-generation warehouse will deploy analytics, blockchain, robotics, drones, driverless forklifts, automated storage and retrieval systems, and much more. Each rendition of the next-generation warehouse will build on existing technologies, and these improvements have a common denominator. What’s Wrong with Traditional Warehouses?

Supply Chain Design Software 40

Supply Chain Design Software Analytics Software Forecasting Software Modeling Software 40

Material Handling & Logistics

DECEMBER 2, 2018

In that spirit, we’ve combed the MH&L archives for the most innovative supply chain developments of the past year, as reported in our print magazine, on our website, in our e-newsletters, or our various social media channels. Top 10 Supply Chain Innovations of 2014 : hybrid DCs, 3-D prototypes, location-based inventory system, and more.

Supply Chain Design Software 110

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Innovation 110

The Logistics & Supply Chain Management Society

JULY 21, 2020

This has proved to be a major source of risk. Poor business continuity planning, lack of risk management programs and single source suppliers, have magnified the impact of such risks. A significant paradigm shift in procurement and inventory control is an emerging area of focus.

Supply Chain Planning Software 233

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Agile and Lean Supply Chain 233

The Logistics & Supply Chain Management Society

JULY 23, 2020

Develop methodologies to measure risk for each supply chain node, warehouse, factory, supplier, geography, or transportation node. Diversify supplier base : Supply chain should not be overly dependent on long lead-time or on a small pool of specific suppliers or sourcing regions. LogiSYM Supply Chain Magazine – July 2020.

Agile and Lean Supply Chain 258

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 258

EMERGE App

JULY 11, 2018

Google a phrase like “sourcing products from China” and you’ll instantly be faced by almost 39 million results! You need to source for products to sell at wholesale prices to your retail customers. And the place to source for most, if not all, of your products is in China. Introduction. Get Professional Help.

Purchasing Skills 64

Purchasing Skills Manufacturing Procurement Negotiate Pricing Negotiating Skills 64

RFgen

DECEMBER 13, 2015

Managers need to reference a variety of data sources to create standards for an open position. warehouse businesses added 5,100 jobs in October, 2015. ALSO READ: Addressing Talent Acquisition in the Warehouse ». Here are five best practices for warehouse staff hiring: 1. Warehouse workers often work with heavy equipment.

Resource Reduction 52

Resource Reduction Inventory Reduction Sourcing Strategies Price Mitigation Strategies 52

RFgen

DECEMBER 13, 2015

Managers need to reference a variety of data sources to create standards for an open position. warehouse businesses added 5,100 jobs in October, 2015. ALSO READ: Addressing Talent Acquisition in the Warehouse ». Here are five best practices for warehouse staff hiring: 1. Warehouse workers often work with heavy equipment.

Resource Reduction 52

Resource Reduction Inventory Reduction Sourcing Strategies Price Mitigation Strategies 52

GlobalTranz

MARCH 18, 2016

Additionally, overall maintenance costs have dropped by 30 percent, and predictive maintenance has reduced machine-specific failures by 70 percent, reports Louis Columbus of Forbes magazine. Warehousing will follow these processes, and value-added services will continue to make up the lower half of the following graphic.

Internet of things 120

Internet of things Manufacturing Procurement Logistics Network Optimization Software Manufacturing 120

The Logistics & Supply Chain Management Society

JULY 13, 2021

It predicts that by 2022, firms will dedicate 35% of their logistics business process outsourcing services budget to process automation, focusing on order, inventory, and shipment tracking. RPA tools can help to capture, store, and extract data/records/files from unstructured sources. LogiSYM Supply Chain Magazine – April 2021.

Supply Chain Software 130

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 130

AB&R

NOVEMBER 18, 2020

You might not even remember a day when this technology wasn’t in your warehouses, improving efficiency within your business. Barcoding keeps track of your inventory. Barcodes can help you track inventory throughout its lifecycle within the warehouse, keeping you informed of its movements. Sources Cited. [1]

Purchasing Skills 52

Purchasing Skills Sourcing Strategies Supply Chain Software Procurement Solutions 52

6 River Systems

JULY 10, 2020

Implement automation solutions that support accuracy and efficiency Order picking is the most time-consuming activity for most warehouses, comprising 70% of the total time for all warehouse activities and 55% of a warehouse’s total operating costs. The typical warehouse wastes approximately 6.9

Optimal Sourcing 52

Optimal Sourcing Waste Reduction Cost Reduction Strategies Supply Chain Optimization 52

The Logistics of Logistics

MAY 17, 2022

It’s interesting that fulfillment and warehousing are more important with eCommerce. They are consolidating these warehouses with technology. It used to be that I have one warehouse in Indiana and I can get to 65% of the population one day. Are they using this over the road or in warehouses, or is that both?

Logistics Network Optimization Software 147

Logistics Network Optimization Software Las Vegas Logistics Supply Chain Design Software 147

Unleashed

FEBRUARY 9, 2021

This is coupled with sources suggesting customers are shopping for groceries less than they used to: Customers who previously shopped for fresh food multiple times a week dropped in half. Larger inventories, for examples, could lead to a greater risk of shrinkage. Dual sourcing strategies. Greater sourcing diversity.

Food 94

Food Manufacturing Procurement Supply Chain Software Trends 94

Cathy Roberson

JANUARY 9, 2023

The biggest retail challenges from the NRF and Appriss survey include the following: Self-service returns Damaged returns or policy abuse Re-processing goods at a warehouse on digital returns Indeed, a lot of work still needs to be done in reverse logistics. Subscribe for free to receive new posts and support my work.

Las Vegas 52

Las Vegas Logistics Network Optimization Software Reverse Logistics Supply Chain Planning Software 52

Intelligent Audit

OCTOBER 27, 2022

According to analysts at McKinsey , “Most of the data generated in a supply chain falls outside the scope of just one enterprise or entity,” a dynamic that makes it hard to know if you’re dealing with good or bad data or even the original source. Does the data come from a variety of different sources? Inventory Predictions.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

GlobalTranz

MARCH 1, 2016

One of the most surprising parts of the episode showed a warehouse worker using a voice-automated picking system (see video below), and the worker would then scan the product with a scanner on the tip of his finger. Warehouses become hot in the summer and near frigid in the winter. Do you ever watch Undercover Boss? What Are Wearables?

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Software Analytics Software Predictive Analytics Software 120

Cathy Roberson

DECEMBER 17, 2022

(Source: Reddit ) There’s been a lot of supply chain pains over the years, many of which are well documented – port congestion, capacity issues, rising spot rates, plunging spot rates, hidden fees, maxed out warehouses – just to name a few but one that I’m still trying to wrap my head around is access to bathrooms.

Cargo 52

Cargo Reverse Logistics Logistics Network Optimization Software Pennsylvania 52

Enterra Insights

AUGUST 6, 2019

About the same time McKinsey was insisting investments in supply chain performance could have a significant business impact, the editorial staff at Materials Handling & Logistics (MH&L) magazine were reporting the results of survey conducted by Clear Peak Supply Chain Advisory Council that supported the McKinsey conclusion.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Prescriptive Analytics Software Supply Chain Software 100

Logistics Bureau

JANUARY 7, 2020

Pioneered the use of vendor-managed inventory. Implemented cross-docking in its supply network to enable inventory reductions. In 2017, the company began to look at new options for warehousing, knowing it would need to start placing inventory closer to customers if it wanted to compete in the challenging omnichannel retail space.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 101

Supply Chain Opz

JUNE 1, 2014

There are two things Boeing and Airbus have in common, utilization of lean manufacturing system and strategic sourcing concept. However, the overall implementation of strategic sourcing is a bit different between the two companies. The answer is that they use the multi-echelon inventory model to solve the problem.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

RFgen

JULY 12, 2017

In practice, warehouse teams have been using mobile barcode scanners for years. This is evidenced in a Manufacturing Automation Magazine report as well. The news source explained that the growing consumer movement toward mobility is putting pressure on manufacturers to adapt their operations accordingly.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Modeling Software 52

RFgen

JULY 12, 2017

In practice, warehouse teams have been using mobile barcode scanners for years. This is evidenced in a Manufacturing Automation Magazine report as well. The news source explained that the growing consumer movement toward mobility is putting pressure on manufacturers to adapt their operations accordingly.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Modeling Software 52

6 River Systems

NOVEMBER 25, 2020

He authored the Amazon bestselling business book, What About the Vermin Problem , and is published in various professional magazines, including Consulting, Inc. Inventory requirements for all raw, WIP and finished goods. The number and locations of required warehouses, distributors, etc. and Design 2 Part.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Waste Reduction Resource Reduction 52

Logility

SEPTEMBER 17, 2021

These women are amazing in so many ways,” says Marina Mayer, editor-in-chief of Supply & Demand Chain Executive and Food Logistics magazines. Storer is responsible for Berlin Packaging’s North American-based Demand Planning, Supply Planning, and Strategic Sourcing functions. About Supply & Demand Chain Executive.

Supply Chain Planning Software 26

Supply Chain Planning Software Logility Logistics Network Optimization Software Demand Planning Software 26

Enterra Insights

MAY 14, 2019

Through AI, machine learning, robotics, and advanced analytics, firms are augmenting knowledge-intensive areas such as supply chain planning, customer order management, and inventory tracking.”[5]. But many new developments focus on the warehouse. ”[5]. Increased need for functional knowledge. Footnotes. [1]

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 100

The Logistics & Supply Chain Management Society

NOVEMBER 23, 2020

It even took authorities some time to recognise the vital importance of warehouse logistics, supply chain continuity, truck drivers and other transport operators. Arising from the pandemic is risk diversification i.e. reducing sourcing risks from China. SUPPLY CHAIN DISRUPTION—Respond, Recover and Regrow. Diversification.

Supply Chain Disruption 41

Supply Chain Disruption Supply Chain Planning Software Supply Chain Software Supply Chain Planning 41