GlobalTranz

FEBRUARY 2, 2018

Align Inventory Placement With Demand. Retailers must align inventory placement , its physical location, with demand. This means moving inventory to make it closer to markets where it is sells. Train Staff Throughout the Process. Develop Metrics to Track the Effectiveness and Efficiency of the Omnichannel Strategy.

Omnichannel 169

Omnichannel Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 169

DELMIA Quintiq

JUNE 21, 2021

In this new, connected world, the Warehouse of the Future is about achieving key operational metrics and exceeding customer service requirements more profitably while supporting sustainability goals. This helps in optimizing inventory management as well as in making the warehouse safer while increasing visibility. billion by 2026.

Inventory Management Software 156

Inventory Management Software Optimization Software Supply Chain Planning Software Supply Chain Software 156

Supply Chain Shaman

APRIL 1, 2015

I am speaking this morning at the Terra Technology conference and doing a book signing of my new book, Supply Chain Metrics That Matter. In parallel, I have been hard at work on a report on multi-tier inventory optimization for the last two weeks. It is morning in Orlando. The sun is rising. This inbound news adds to the story.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Network Design Software Optimization Software 150

Logistics Viewpoints

JUNE 1, 2023

Continuing Disruptions in Transportation and Sourcing Materials After the pandemic, retailers are faced with new challenges and disruptions due to global conflicts, trade restrictions, and now recessions. Here are some highlights from these trends in 2023 and implications on supply chain planning.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193

SCMDOJO

JUNE 14, 2023

You can also use this data to make more accurate forecasts and better manage inventory levels. It’s estimated that up to 40% of all transportation costs occur within the “money zone.” This can include details such as the quantity of products being transported, delivery windows, and any specific requirements for loading or unloading.

Supply Chain Optimization 92

Supply Chain Optimization Supply Chain Planning Software Supply Chain Planning Supply Chain Software 92

GlobalTranz

MAY 20, 2015

When you choose a company to transport your freight or to supply you with the materials you need to manufacture a product, you are putting your hard work and reputation in their hands. The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

GlobalTranz

SEPTEMBER 23, 2021

Talent shortages, especially limited drivers, will exacerbate the capacity crunch and result in shortages across warehousing and transportation simultaneously.? . Pent-up demand of customers and the strong predictions for another above-average peak season has put a unique burden on truckload and parcel transportation. Focusing on the?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

GlobalTranz

NOVEMBER 8, 2018

Fortunately, data analysis allows Warehouse Managers to gain the insights necessary to create metrics to track performance, which are also known as key performance indicators (KPIs). Modes of transportation used in terms of costs and delays associated with each. Order picking accuracy. On-time shipments. Label accuracy.

Analysis 151

Analysis Data Forecasting Software Forecasting 151

OptiProERP

APRIL 9, 2024

Integration with inventory management systems is crucial to accurately confirm product availability and delivery timelines. Efficient logistics management is crucial to coordinate transportation, track shipments, and manage delivery schedules. Document processes and provide training to employees to ensure compliance and proficiency.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Inventory Management Software 52

Supply Chain Shaman

OCTOBER 25, 2021

Container inventory is imbalanced. Fourteen of twenty-eight industries have rising inventories. Change internal metrics to a balanced scorecard and force the functions to work better together. Use the Zebra training methodology to define outside-in processes that can work for your company. Supply is greater than demand.

Analytics Software 195

Analytics Software Analytics Supply Chain Design Software Supply Chain Planning Software 195

RFgen

MARCH 10, 2023

Order picking is a critical process in warehouse management that involves selecting items from inventory and assembling them into customer orders. Analyzing Current Order Picking Process If your warehouse picks inventory for orders, then you are probably familiar with your order picking process.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Inventory Reduction Cost Reduction Strategies 52

Supply Chain Game Changer

AUGUST 21, 2022

A global chemical manufacturer recently had to replace ships that transported bulk materials to ports. In addition to product management, logistics also includes inventory management. While transportation is vital to the success of a supply chain, its use may not be optimal. Supply Chain’s Moment of Truth Has Arrived!

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

GlobalTranz

MAY 18, 2018

Leverage Inventory as Data When systems communicate, they create inventory data, but actual inventory can be turned into data points and metrics to understand the flow of products. How to Avoid Supply Chain Technology Hiccups appeared first on Transportation Management Company | Cerasis. Download white paper.

Supply Chain Design Software 138

Supply Chain Design Software Supply Chain Software Omnichannel Analytics Software 138

Supply Chain Shaman

OCTOBER 25, 2021

Container inventory is imbalanced. Fourteen of twenty-eight industries have rising inventories. Change internal metrics to a balanced scorecard and force the functions to work better together. Use the Zebra training methodology to define outside-in processes that can work for your company. Supply is greater than demand.

Analytics Software 195

Analytics Software Analytics Supply Chain Design Software Supply Chain Planning Software 195

ThroughPut

MARCH 27, 2024

Every aspect of operations, be it managing the inventory, forecasting demand or fulfilling orders was dependent on human wisdom and intuition. Real-time visibility was lacking, be it in warehousing or transportation, due to which delivery delays were common. Besides, AI is helping retailers optimize inventory, warehouse and pricing.

Case Study 52

Case Study Waste Reduction Inventory Reduction Price Reduction 52

GlobalTranz

AUGUST 31, 2018

Using New Technology for Maximizing Warehouse Space Is the Solution New technologies and warehouse automation are poised to enable warehouse managers to increase inventory without necessarily increasing space. Robotics can also be used to move large inventory, taking advantage of vertical space without sacrificing worker safety.

Supply Chain Design Software 121

Supply Chain Design Software Warehousing Analytics Software Optimization Software 121

Unleashed

AUGUST 20, 2023

Lead time is a vital business metric that directly impacts customer satisfaction, workflow efficiency, and delivery time accuracy. It’s a valuable metric for identifying bottlenecks, improving efficiency, and optimising specific operational steps. Let’s break down the most common ones.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

Enterra Insights

JUNE 24, 2022

Most of us understand that barcodes contain information that help retailers track inventory; however, few of us know much more about them. This gives a business constant access to up-to-date data, allowing it to quickly calculate meaningful metrics like inventory turn, value of inventory on-hand or sales per week by item.”

Supply Chain Design Software 130

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 130

Logistics Bureau

OCTOBER 20, 2021

These key metrics become your organisation’s “multi-function display” and give you the primary data needed to monitor and manage “normal flight conditions.” ” Feel free to track lots more metrics in the background if you wish, but try to keep attention focused on the five or six “real KPIs.”

Supply Chain Design Software 80

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 80

ThroughPut

MARCH 15, 2024

Are you losing money to inventory mismanagement? Step 3: Metric Selection Not everything can be improved or enhanced at the same time with AI. Based on the outcome chosen, key metrics can be identified to track the impact of AI, such as “order accuracy” or “warehouse throughput”. For example, top reasons why ThroughPut.ai

Supply Chain Planning Software 52

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

ThroughPut

MARCH 15, 2024

Are you losing money to inventory mismanagement? Step 3: Metric Selection Not everything can be improved or enhanced at the same time with AI. Based on the outcome chosen, key metrics can be identified to track the impact of AI, such as “order accuracy” or “warehouse throughput”. For example, top reasons why ThroughPut.ai

Supply Chain Planning Software 52

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

SCMDOJO

JULY 24, 2023

It involves outsourcing logistics activities, such as warehousing, transportation, distribution, inventory management, and order fulfillment, to a dedicated logistics service provider. Carriers: Carriers are the transportation companies responsible for physically moving the goods from one location to another.

Logistics Network Optimization Software 90

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

The Logistics & Supply Chain Management Society

MAY 28, 2022

With uncertainty a guarantee in the year ahead, leaders are realising the need to adopt applications that will improve visibility into demand and inventory, as well as tools that can help them model and simulate “what if?” Risk planning and technology utilisation. Data leads to insight, which leads to action.

Supply Chain Planning Software 269

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Innovation 269

GlobalTranz

JUNE 8, 2021

That’s the overview of white glove services evolution and it’s another piece of the transportation terminology puzzle. It’s important to know how white glove services and transportation management go together. They must go beyond the standard delivery in transportation management, and consumers are pushing this trend forward.

Transportation Management 197

Transportation Management Logistics Network Optimization Software Transportation Reverse Logistics 197

ToolsGroup

SEPTEMBER 20, 2022

Deep Learning: A family of machine learning methods based on neural networks architecture, that—due to recent advances in the ability to successfully train multiple layers of networks (“deep” networks)—have become the top performing algorithms in specific fields (computer vision, speech recognition, etc.). Optimize spare part inventories.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

Supply Chain Shaman

MARCH 9, 2020

Few are given training on the technology deployed. Less than 10% of supply chain business leaders completed formal supply chain training, yet, all believe that they know the definition of supply chain excellence. With greater pressure on shorter cycles and less asset availability, getting good at inventory processes increased.

Supply Chain Design Software 301

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 301

American Global Logistics

SEPTEMBER 12, 2023

Lean manufacturing and just-in-time production minimize waste and inventory levels while maximizing efficiency. Collaborative planning, forecasting, and replenishment (CPFR) enable real-time collaboration between suppliers and retailers, enhancing inventory management and reducing stock-outs.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Supply Chain Software 52

synchrono

APRIL 2, 2018

Inventory – Excess material and WIP. Transportation – Unnecessary movement of material through the facility/supply chain. Each of these types of waste has at least one metric associated with it. Remember, you don’t need to measure every one of these metrics. The Lean Journey Often Starts with Inventory.

Agile and Lean Supply Chain 60

Agile and Lean Supply Chain Lean Waste Reduction Material Savings 60

GlobalTranz

NOVEMBER 12, 2015

We continue our series on strategic shipping by going into detail of the 10 main areas that shippers can turn to in order to have a strategic logistics and transportation management mindset. 6 Benefits of Using the Right Data in Logistics & Transportation Management for Continuous Improvement. Metrics and KPIs.

Continuous Improvement 120

Continuous Improvement Data Logistics Network Optimization Software Vendor Strategies 120

ThroughPut

DECEMBER 6, 2023

Businesses can access historical data, market trends, and other external factors and, by plugging in predictive analytics, gain invaluable insights that streamline inventory management, demand forecasting, transportation planning, risk mitigation, and overall decision-making processes. So, how does predictive analytics help with that?

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

GlobalTranz

NOVEMBER 21, 2017

for example, used predictive analytics to make changes in their inventory processes and have since seen an increase in their production and purchase orders. Trust can be built through a closed-loop change management effort that is centered on performance metrics that accurately reflect the current state of the supply chain system.”

Analytics Software 173

Analytics Software Procurement Analytics Agile and Lean Supply Chain Modeling Software 173

SCMDOJO

APRIL 11, 2023

In the design of physical flows, the course shows how to formulate and solve Transportation, Transshipment, Facility Location, and Network Design Problems. Curt goes into detail on how back orders affect inventory policies and how to calculate the economic order quantity for inventory policies that allow back orders.

Supply Chain Design Software 113

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 113

Unleashed

AUGUST 23, 2023

Warehouse logistics refers to the management of all the processes involved in controlling inventory in your warehouses and storage units. Inventory management Once inventory has been received in the warehouse, it needs to be strategically stored and managed to suit the business’s needs.

Warehousing 52

Warehousing Logistics Network Optimization Software Supply Chain Design Software Inventory Management Software 52

GlobalTranz

MAY 24, 2016

However, the needs of the modern shipping industry have reached an optimal point, and the only way to further push the envelope is by using a dedicated transportation management system (TMS). The ideal TMS can maximize the efficiency of a warehouse and directly affect inventory management. Reduced Training Costs.

Purchasing Training 137

Purchasing Training Negotiating Skills Supply Chain Design Software Forecasting Software 137

Supply Chain Shaman

JUNE 6, 2013

Closing the gaps happens when there are aligned metrics, clarity of vision and aligned planning processes. This does not come easily, and requires training. Metrics Alignment. Most companies operate well within functions, but struggle to build strong horizontal processes. They lack cohesion. It must be managed as a system.

Supply Chain Planning Software 279

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 279

Supply Chain Shaman

MAY 13, 2015

I knew nothing about the world of logistics, inventory management and order optimization. Warehouse Management and Transportation Management were in their infancy. It should not be functional, with a narrow focus on a singular function like manufacturing or transportation. Stage 2: All about Transportation.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Agile and Lean Supply Chain 150

Supply Chain Shaman

AUGUST 5, 2015

Overall Results on the Supply Chain Metrics That Matter. These giants drove slight improvements in operating margin, inventory turns and Return on Invested Capital (ROIC) despite a slowing economy. While they are great people, they lack the training and skill development equal to the industry. It is seldom a step change.

Agile and Lean Supply Chain 150

Agile and Lean Supply Chain Supply Chain Strategy Global Supply Chain 150