Logistics Bureau

SEPTEMBER 4, 2023

Have you conducted a cost-to-serve (CTS) analysis for your enterprise? And that is the sole purpose of cost-to-serve analysis. If you were going to say, “What is a cost-to-serve analysis?” When costs begin to spiral out of control, the result is usually a loss of revenue in proportion to sales.

Negotiating Skills 74

Negotiating Skills Purchasing Skills Cost Reduction Strategies Analysis 74

Ware2Go

OCTOBER 22, 2021

Learn how to mitigate and avoid dead stock through strategic warehousing and inventory management to lower fixed costs, combat supply chain disruptions, and overcome current peak season challenges. Simply put, if a business lets inventory sit idle for too long, they risk inventory obsolescence.

Inventory Reduction 98

Inventory Reduction Negotiating Skills Cost Reduction Strategies Inventory Management Software 98

GlobalTranz

FEBRUARY 17, 2016

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. In the first part I put forth 6 areas of focus in order to reduce logistics costs. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

Locus

JUNE 3, 2022

Transportation was redirected to be used in providing first aid, leading to supply chain bottlenecks, shortages and price hikes. This was followed by heavy rainfall that flooded which caused lumber companies to scale back production, leading to a rise in the prices of wooden products in the United States. Sustainable warehousing.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

Ware2Go

JUNE 20, 2023

In September of 2021, shipping prices between China and LA jumped a staggering 500% YoY due to congestion and lack of shipping containers. Due to sustained inflation and higher energy cost, global growth in sea freight shipments turned negative in the second half of 2022 for the first time since the onset of COVID-19.

Negotiating Skills 98

Negotiating Skills Supply Chain Planning Software Supply Chain Planning Freight 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

ToolsGroup

AUGUST 8, 2019

The planner’s role has expanded to include a combination of technical skills and communications and interpersonal skills. A recent, typical job ad for a demand planner lists technical criteria including APICS and Six Sigma certification, alongside “negotiation, communications, and presentation skills”. .

Negotiating Skills 185

Negotiating Skills Supply Chain Planning Software Supply Chain Software Modeling 185

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. 3PL Answer 1.

Modeling 194

Modeling Negotiating Skills Cost Reduction Strategies Scenario Planning 194

ThroughPut

APRIL 5, 2024

Inventory is the backbone of the modern firm, and potentially its most important asset. Thus, effective inventory management is one of the crucial goals of modern-day businesses – and a critical element of supply chain management. What is Inventory Management?

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

Logistics Viewpoints

MAY 26, 2023

The trouble today is finding authentic pairs which also do not cost an arm and a leg. Target’s inventories at the end of the last quarter were 16 percent lower than the same period a year ago and Walmart cut inventories in its U.S. Inventories at U.S. So, wish me luck in securing authentic University Blue Jordan IVs.

Negotiating Skills 202

Negotiating Skills Pricing Training Jordan Purchasing Training 202

ModusLink Corporation

FEBRUARY 8, 2023

Fulfillment Free trade zones, or FTZs, are controlled places in a country that offer warehouse and distribution services for goods from foreign markets, excluding them from paying taxes on those goods. Still, what does that mean, and what’s necessary to reap the benefits of the cost-saving areas?

Negotiating Skills 78

Negotiating Skills Material Savings 3PL Cost Reduction Strategies 78

BR Williams Supply Chain Management

DECEMBER 17, 2021

These business changes create stress and demand logistics responsibilities like inventory management, shipping, returns, exchanges, and freight carrier coordination. Should you handle your e-commerce product fulfillment yourself or partner with a third-party logistics (3PL) warehousing and distribution provider ? Hidden Costs.

3PL 105

3PL Negotiating Skills Purchasing Training Warehousing 105

GlobalTranz

SEPTEMBER 23, 2021

Fewer labor resources are available to meet the rising demand in both the warehouse and in transit. ? Talent shortages, especially limited drivers, will exacerbate the capacity crunch and result in shortages across warehousing and transportation simultaneously.? . Increasing fuel costs also play into the available capacity woes.? ?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

SCMDOJO

MARCH 25, 2024

As businesses continue to globalize and markets become increasingly interconnected, the demand for skilled supply chain professionals is rising. Pursuing a degree in these areas will equip you with the fundamental knowledge of supply chain principles, such as procurement, inventory management, logistics, and operations strategy.

Negotiating Skills 85

Negotiating Skills Supply Chain Software Supply Chain Network Software Analytics Software 85

Unleashed

MAY 30, 2023

Anticipation inventory is the solution to this problem. Read on to learn what it is, how it works, and the pros and cons of this inventory strategy. What is anticipation inventory? Anticipation inventory can be described as the inventory which is purchased in anticipation of expected increases in demand.

Inventory Reduction 52

Inventory Reduction Inventory Negotiating Skills Purchasing Skills 52

Ware2Go

OCTOBER 7, 2021

Warehouse vacancy rates are at an all-time low. Learn how to secure top-tier warehouse space and SLA’s without paying peak season premiums or getting locked into a long-term contract. Warehouse capacity is at an all-time low, with vacancy rates as low as 3.6 % on the west coast. Labor is also in high demand.

Warehousing 52

Warehousing Negotiating Skills Purchasing Skills Forecasting 52

Unleashed

FEBRUARY 14, 2024

Finished goods inventory are products that have been through the manufacturing process and are now ready for sale. Managing finished goods and tracking the costs associated with each of them are essential aspects of manufacturing accounting and stock control. What are finished goods inventory?

Inventory Reduction 52

Inventory Reduction Inventory Manufacturing Procurement Inventory Management Software 52

ToolsGroup

AUGUST 8, 2019

The planner’s role has expanded to include a combination of technical skills and communications and interpersonal skills. A recent, typical job ad for a demand planner lists technical criteria including APICS and Six Sigma certification, alongside “negotiation, communications, and presentation skills”. .

Negotiating Skills 120

Negotiating Skills Supply Chain Planning Software Supply Chain Software Modeling 120

ModusLink Corporation

OCTOBER 16, 2023

Companies face the challenge of meeting customer demands for faster delivery, maintaining cost efficiency, and adapting to ever-changing market dynamics. They handle everything from warehousing and transportation to order fulfillment and inventory management, all while optimizing routes, transportation modes, and storage solutions.

3PL 78

3PL Supply Chain Planning Software Negotiating Skills Modeling 78

Ware2Go

APRIL 28, 2023

Dock-to-Stock time is the amount of time it takes for a product to arrive at a point of origin (like a warehouse ) and be stocked on the shelf, ready to ship. As soon as money is spent on inventory, the clock starts ticking. The longer dock-to-stock time is, the more merchants feel the opportunity cost of not having capital on-hand.

Warehousing 52

Warehousing Forecasting Software Optimization Software Supply Chain Software 52

SCMDOJO

APRIL 4, 2023

This means tracking everything from customer relations to inventory management, financial investments, transportation and delivery processes, and workflow processes. This leads to significant operational efficiencies, cost savings, and improved customer satisfaction.

Prescriptive Analytics Software 110

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 110

Kanban Logistics

FEBRUARY 27, 2020

The modern warehouse offers much more than basic storage. It’s home base for sophisticated eCommerce operations, high-velocity retail distribution, vendor managed inventory, and a variety of other services. Types of 3PL Warehousing. There are three basic types of warehousing available to you. The DIY method.

Warehousing 52

Warehousing 3PL Negotiating Skills Logistics Network Optimization Software 52

Supply Chain Shaman

NOVEMBER 29, 2021

With availability assumed, the traditional focus of supply chain practices was on negotiating the lowest price. Shippers pushed cost and waste backward in the supply chain. Full Warehouses. Inventories are out of balance with demand and the rising need for write-offs. Chemical Sector Inventory Availability.

Supply Chain Planning Software 276

Supply Chain Planning Software Modeling Supply Chain Optimization Supply Chain Software 276

SCMDOJO

AUGUST 21, 2023

TikTokers have emerged as a strategic asset for advancing supply chain management, driven by several compelling factors that align seamlessly with the dynamic landscape of the digital age. Moreover, TikTokers possess a refined skill for generating content that resonates authentically with their followers.

Negotiating Skills 97

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 97

The Logistics of Logistics

APRIL 17, 2023

With a real-time connected network of 10 million drivers, OneRail finds the right vehicle for the right delivery so shippers gain low prices and greater capacity to rapidly scale their businesses. OneRail’s solution is designed to help businesses reduce delivery costs, improve customer satisfaction, and increase operational efficiency.

Supply Chain Design Software 210

Supply Chain Design Software Analytics Software Predictive Analytics Software Supply Chain Network Software 210

Stord

APRIL 21, 2019

Warehouse construction in the United States finally outpaced demand over the past three months. Vacant warehouse space is still difficult to find, but demand appears to have leveled out in recent months. Extra trucking capacity is driving rates down, giving shippers more pricing power.

Warehousing 78

Warehousing Negotiating Skills Virginia Predictive Analytics 78

The Logistics of Logistics

SEPTEMBER 12, 2020

His primary research stream examines firms’ logistics operations, with an emphasis on studying motor carrier safety, productivity, pricing dynamics, and driver turnover. The department educates students to succeed in careers such as procurement, manufacturing, inventory management, warehousing, transportation, and customer service.

Supply Chain Design Software 130

Supply Chain Design Software Negotiate Pricing Negotiating Skills Supply Chain Design 130

Intelligent Audit

DECEMBER 12, 2022

The Inflation Reduction Act, signed in August, is designed to ease rising cost pressures for businesses and consumers. Its main intention is to curb inflation by reducing the federal deficit, lowering prescription drug prices, and investing in domestic energy production while promoting clean energy.

Cost Reduction Strategies 52

Cost Reduction Strategies Price Reduction Inventory Reduction Negotiating Skills 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. Contract logistics is a strategic partnership, where the 3PL provider handles the logistics operations while the company focuses on its core business.

Logistics Network Optimization Software 90

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

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.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Examples Cost Reduction Strategies 52

6 River Systems

FEBRUARY 22, 2019

Every warehouse strives for efficient order fulfillment. But without an effective fulfillment strategy, it’s difficult to control fulfillment costs, which can have a negative impact on the company’s bottom line. ” Meet Our Panel of Warehouse Pros: Nate Masterson. Dave Masterson. Nate Masterson. MapleHolistics.

Cost Reduction Strategies 56

Cost Reduction Strategies Inventory Reduction Material Savings Warehousing 56

Logistics Viewpoints

DECEMBER 7, 2021

Workforce shortages and other challenges abound throughout all transportation sectors, and while this may revitalize investments in localized manufacturing, expanded warehousing to hold more inventory, and other efforts, these changes do not solve today’s issues. They face higher costs. and distribution points across a network.

Capacity 191

Capacity Price Reduction Cost Reduction Strategies Inventory Reduction 191

RFgen

MAY 26, 2023

In the world of inventory management, stockouts and overstocking can be detrimental to business success. Not having the right amount of stock available leads to work stoppages, frustrated customers, lost sales, and increased costs. Stockouts Stockouts occur when the warehouse runs out of a particular item.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Material Savings Cost Reduction Strategies 52

SCMDOJO

NOVEMBER 17, 2023

We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. Best Practices like Logistics KPI Dashboard , Inventory Optimization Tool , Excess and Obsolete Inventory Guide , etc. Regardless of how you find your way, a supply chain career offers unique advantages.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 70

Unleashed

JUNE 7, 2023

Inventory optimisation is the process that enables efficient inventory management. In this guide, we define inventory optimisation and offer a few actionable tips and strategies for getting it right every time. In this inventory optimisation guide: What is inventory optimisation?

Inventory Management Software 52

Inventory Management Software Forecasting Software Demand Planning Software Supply Chain Planning Software 52

The Logistics of Logistics

APRIL 19, 2023

Specializing in ecommerce order fulfillment and inventory management services, the company operates multiple warehouse facilities with over 1 million square feet of space across the United States. Red Stag Fulfillment specializes in providing ecommerce order fulfillment and inventory management services to businesses of all sizes.

Logistics Network Optimization Software 219

Logistics Network Optimization Software Third Party Logistics Tennessee Inventory Management Software 219

SYSPRO Smarter ERP

NOVEMBER 30, 2021

Despite record layoffs in many industries, Canadian manufacturers face a skills shortage in key positions in operations and across the supply chain. All of the above pressures culminate in rising operational costs – from ?labor, labor, materials and warehousing, to IT, freight and safety. Managing Inventory.

Forecasting 105

Forecasting Forecasting Software Inventory Management Software Supply Chain Planning Software 105