Supply Chain Shaman

MARCH 19, 2014

Instead, what I observed when I looked at the data, was that most companies that I had worked with (in my role as an industry analyst, I had worked with over 300) were going backwards on margin and inventory turns. Resiliency is the pattern at the intersection of operating margin and inventory turns. “Ugh,” I said.

Gartner 382

Gartner Supply Chain Planning Software Supply Chain Strategy Supply Chain Software 382

Supply Chain Insights

SEPTEMBER 2, 2014

Today, 90% of publicly-traded companies are stuck at the intersection of operating margin and inventory turns. While most companies have been able to make progress in one of these two critical metrics in the period of 2006-2013, they have not been able to make progress on both together. It is needed. Digital Printing.

Supply Chain Design Software 253

Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Design 253

GlobalTranz

APRIL 25, 2016

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. Inventory measurement is critical and it is money after all in that it took a capital expense to procure. Inventory measurement is critical and it is money after all in that it took a capital expense to procure. Cost reduction is still very important.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

GlobalTranz

JULY 13, 2015

Throughout the supply chain, the use of metrics to track and understand processes provides an invaluable resource for ensuring increased production and customer satisfaction. What Distribution Center Metrics Need Tracking? However, the most important metrics can be categorized into the following eight areas. On-Time Shipping.

Procurement Analytics 120

Procurement Analytics Metrics Distribution Inventory Reduction 120

Logistics Viewpoints

FEBRUARY 2, 2023

How 3PLs Can Gain Visibility and a Competitive Advantage Offering Automated Billing and a Self-Service Interactive Customer Portal It’s hard to imagine a third-party logistics (3PL) business today operating without some form of a warehouse management system ( WMS ) connecting the digital dots.

Supply Chain Planning Software 273

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 273

Supply Chain Movement

MARCH 6, 2013

The success of the third-party logistics industry is evident in the generally high marks given to 3PLs by respondents to a survey as part of the 2013 17th Annual Third Party Logistics Study, which identifies trends and explores how both 3PLs and shippers are using these relationships to improve and enhance their businesses and supply chains.

Third Party Logistics 60

Third Party Logistics Logistics Network Optimization Software Cost Reduction Strategies Inventory Reduction 60

GlobalTranz

MAY 18, 2018

Meanwhile, more companies are turning to entities outside of the company, like third-party logistics or integrators (3PLs and 3PIs) to manage omnichannel supply chains , reports Maarten Baltussen of Supply Chain Digital. In fact, third-party companies already have the first step in the bag, and you need to understand why.

Supply Chain Design Software 184

Supply Chain Design Software Supply Chain Software Omnichannel Analytics Software 184

Supply Chain Shaman

JULY 8, 2013

In the Supply Chain Metrics that Matter table, we can clearly see that “operating margin” and “inventory turns” matter to public financial performance. Note the trends in operating margins and inventory turns. Each faces four years of deterioration on this important supply chain metric.

Supply and Demand 259

Supply and Demand Demand Planning Software Modeling Supply Chain Planning Software 259

RFgen

DECEMBER 19, 2024

By maximizing space utilization, improving inventory control , and boosting workflow efficiency, you can unlock significant cost savings and elevate your customer service game. Essential technology solutions, including Warehouse Management Systems (WMS), Inventory Management Systems (IMS), and the transformative power of IoT and automation.

Optimal Sourcing 97

Optimal Sourcing Optimization Software Waste Reduction Modeling 97

Kinaxis

FEBRUARY 22, 2018

Among the many supply chain initiatives taking place today, vendor-managed inventory (VMI) has become an increasingly effective process and business model to help organizations share risk and information between vendors and customers — while benefitting from lower stockouts, reduced uncertainty and lower costs. Lower order volatility.

Vendor Strategies 150

Vendor Strategies Inventory Reduction Beverage Modeling 150

GlobalTranz

JULY 20, 2015

Importance of Metrics in Reverse Logistics Management. To monitor progress against its reverse logistics management plan, a company needs metrics that measure the financial impact of returns on the firm and on other members of the supply chain. is used in the reverse logistics process. How much value is recaptured?

Reverse Logistics 120

Reverse Logistics Supply Chain Planning Software Supply Chain Network Software Optimization Software 120

GlobalTranz

APRIL 5, 2017

Approximately 54 percent of companies actively run metrics on inbound freight, but these metrics may be lacking. In other words, the term, “metrics,” can be deceiving. Since a metric is a data point, metrics can include the number of vendors used, the percentage of on-time deliveries or spend-to-carrier ratios.

Vendor Strategies 180

Vendor Strategies Cost Reduction Strategies Inventory Reduction Logistics 180

GlobalTranz

JANUARY 4, 2017

When it comes to the logistics industry, whether it's transportation management contracts or warehouse contracts, there are a million moving parts, and as many questions. In the below is a real world example of a consultant coming to a third party logistics company with the goal of choosing a warehouse and 3pl provider.

Modeling 261

Modeling Negotiating Skills Cost Reduction Strategies Scenario Planning 261

GlobalTranz

JUNE 28, 2016

The benefits of outsourcing logistics processes to a third-party logistics provider (3PL) are well documented. This may include the following: Better inventory management. For this reason, more companies are turning to 3PLs to help with cost reductions and overall management of supply chain processes.

Supply and Demand 225

Supply and Demand Logistics Network Optimization Software Inventory Reduction Resource Reduction 225

Supply Chain Shaman

JULY 25, 2016

We determine which companies have driven higher levels of improvement (based on Supply Chain Index calculations) and shareholder value (as defined by Price to Tangible Book Value) while outperforming their peer group on growth, operating margin, inventory turns and Return on Invested Capital (ROIC). The Results.

Pharmaceutical 210

Pharmaceutical Supply Chain Design Supply Chain Strategy Supply Chain Planning 210

Logistics Bureau

NOVEMBER 26, 2024

The specific focus of this article, is on traditional Third Party Logistics (3PL) contracts and the types of pricing mechanisms available for use within warehousing contracts, and does not cover other very important aspects such as: Planning and management of the selection process. Rate Based.

3PL 98

3PL Negotiating Skills Price Reduction Resource Reduction 98

Unleashed

OCTOBER 6, 2021

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. That makes sense – inventory is one of the most capital intensive areas for any product business. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Supply Chain Brain

JUNE 19, 2025

In sectors where product assortments shift throughout the year, for example, AS/RS may require different bin sizes to accommodate new inventory, while P2G operates independently of bin structures, allowing for seamless transitions. Risk Mitigation and Financial Stability The same flexibility helps mitigate longer-term financial risk.

Warehousing 52

Warehousing Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software 52

GlobalTranz

OCTOBER 21, 2015

This is the first post in an ongoing series on effective KPI management from third party logistics consultant, Chuck Intrieri, of The Lean Supply Chain. . To be unified is to collaborate and trust the shipper/customer Third Party Logistics Service Provider (3PL) relationship. Collaboration.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

Unleashed

JUNE 23, 2021

Best practice inventory management – and the wider world of supply chain management – has played a big part in business survival through 2021. With that in mind, here’s our pick of the 10 most important inventory management trends for 2022. 10 inventory management for 2022: 1. More widespread third-party logistics.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

Ware2Go

MARCH 14, 2025

An omnichannel model is built on four core features: Unified inventory management : Omnichannel retailers use a centralized management system to guarantee a single source of truth to guarantee inventory accuracy. This optimized inventory utilization leads to cost savings. Finally, great data means less risk.

Omnichannel 52

Omnichannel Inventory Management Software Inventory Reduction Optimization Software 52

Locus Robotics

FEBRUARY 12, 2025

There are several dimensions to flexibility in a warehouse setting: Space Utilization : Optimizing how inventory is stored, picked, and moved is crucial. This ability to shift in real-time is a game-changer for third-party logistics providers (3PLs) and retailers managing ever-changing inventory needs.

Supply Chain Software 52

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

Supply Chain Insights

JULY 26, 2016

We determine which companies have driven higher levels of improvement (based on Supply Chain Index calculations) and shareholder value (as defined by Price to Tangible Book Value) while outperforming their peer group on growth, operating margin, inventory turns and Return on Invested Capital (ROIC). Supply Chains to Admire Methodology.

Pharmaceutical 110

Pharmaceutical Supply Chain Design Supply Chain Strategy Supply Chain Planning 110

Supply Chain Shaman

JANUARY 18, 2016

Table 1: Contract of Growth, Operating Margin, Inventory Turns and Cash-To-Cash for Consumer-Facing Industries. In parallel, take a closer look at inventory turns where only pharmaceutical companies made slight progress. In parallel, take a closer look at inventory turns where only pharmaceutical companies made slight progress.

Supply Chain Planning Software 150

Supply Chain Planning Software Modeling Software Supply Chain Software Manufacturing Procurement 150

6 River Systems

OCTOBER 19, 2020

Planning and organizing inventory is a vital facet of warehouse logistics. In that case, working with a reliable third-party logistics operator may better serve your needs. Without a well-mapped warehouse, your logistics operation is bound to be chaotic as there is no blueprint to operate on.

Warehousing 98

Warehousing Logistics Network Optimization Software Inventory Reduction Supply Chain Planning Software 98

The Logistics of Logistics

APRIL 6, 2013

Inventory Record Accuracy via Cycle Counting and Root Cause analysis. Chuck specializes in Supply Chain Optimization, Third Party Logistics (3PL) and International Purchasing and Importing Consulting. The post Service Level Agreement Defined appeared first on The Logistics of Logistics. Turnaround time.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Negotiating Skills KPI Purchasing Skills 100

BlueYonder

APRIL 9, 2024

This includes demand planning, volume assessments at a granular level, knowing where best to source from to meet omni-channel demand, where to then position inventory based on known demand and where customers are located, and, of course, how best to then fulfill orders and to optimize the last mile. A prospect to raise a glass to.

Optimal Sourcing 122

Optimal Sourcing Sustainability Material Savings Waste Reduction 122

Locus

MAY 20, 2024

OTIF – On-Time In-Full On-Time In-Full (OTIF) is a key logistics metric that evaluates whether shipments are delivered completely and on schedule. JIT – Just In Time Just In Time (JIT) is a strategy that involves managing inventory to receive goods only as they are needed in the production process.

Logistics Network Optimization Software 98

Logistics Network Optimization Software Inventory Reduction Retail Cost Reduction Strategies 98

Zipline Logistics

DECEMBER 24, 2024

Click the button below for some insight into Costco’s delivery metrics and tips on how to most efficiently comply with protocols. These are report cards that grade suppliers on quality and performance, looking at common metrics like on-time delivery, inventory management, missed shipments, lead time, costs, etc.

Retail 52

Retail Vendor Strategies Cost Reduction Strategies Price Reduction 52

ModusLink Corporation

OCTOBER 16, 2023

To address these challenges, many organizations are turning to Third-Party Logistics (3PL) providers. Efficient Logistics Management: 3PL providers excel in managing logistics operations. Conclusion: In the modern business landscape, the role of 3PL providers like ModusLink is pivotal.

3PL 78

3PL Supply Chain Planning Software Negotiating Skills Modeling 78

Talking Logistics

MARCH 2, 2016

no metrics, operate in functional silos). We all know that poor supply chain visibility results in lost sales (out-of stocks), higher transportation costs (expedited shipments), excess inventory, reduced customer satisfaction, and damage to brand reputation (among other negative consequences). poor training); and Process issues (e.g.,

North Korea 100

North Korea Supply Chain Visibility Logistics Network Optimization Software Supply Chain Software 100

GlobalTranz

OCTOBER 19, 2015

This is especially relevant for third-party logistics and transportation management service providers, whose service fee is based on reducing cost and streamlining the shipper’s supply chain. Controlling Inventory Flow & Driving Warehouse Efficiency. It’s also important to have flexibility in generating metrics.

Transportation Management 120

Transportation Management Resource Reduction Optimal Sourcing Cost Reduction Strategies 120

GlobalTranz

MARCH 23, 2016

These metrics would, of course, be aligned and are updated every hour. The metrics are also manual as automatic metric systems cannot retrieve the information at an hourly frequency as these metrics are process inputs and not outputs. Specific metrics: process metrics and outcome metrics.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

Logistics Bureau

SEPTEMBER 28, 2020

SUMMARY: Because 4PL providers handle a company’s entire chain, including challenges that are thrown up by advances in technology, they are increasingly being favoured over third-party logistics (3PL) providers, especially by big companies with complex supply chains. the digitisation of manufacturing. What is 3PL?

Logistics Network Optimization Software 98

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Company 98

6 River Systems

JULY 29, 2020

Third-party logistics companies ( 3PLs ) specialize in distribution, warehousing and fulfillment services. The core competency of these companies is logistics , and they do it well. This compilation is based on the most currently available company revenue data (between 2018 and 2020) without factoring in any other metric.

Warehousing 111

Warehousing 3PL Company Third Party Logistics 111

Taulia

OCTOBER 20, 2021

While every company will have different priorities, a number of metrics can be used to measure supply chain efficiency. Commonly used metrics include the following: Inventory turnover – the number of times a company’s inventory cycles on an annual basis. Calculated as cost of goods sold/average inventory.

Sourcing Strategies 105

Sourcing Strategies Optimal Sourcing Supply Chain Software Supply Chain Optimization 105

GlobalTranz

MAY 6, 2015

There should be metrics involved to monitor these objectives to ensure success across the supply chain. These metrics should be reviewed frequently to ensure supply chain success. o Space—holding places for unnecessary inventory. o Inventory—inactive raw, work-in-process, or finished goods. Risk Management.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Planning Software Waste Reduction Lean 120