Talking Logistics

APRIL 27, 2015

In the first episode of this educational series focused on the link between transportation management and supply chain excellence, Chris Timmer of LeanLogistics (a Talking Logistics sponsor) outlined the attributes of a strong transportation management foundation and how to build it. What’s the first step in that process?

Cost Reduction Strategies 100

Cost Reduction Strategies Inventory Reduction Supply Chain Strategy Strategy 100

ModusLink Corporation

NOVEMBER 18, 2021

When the product has a defect after its production, it is sent back to the inventory to reuse or recycle it. Sustainable procurement: consists of environmentally friendly purchasing that carry reduction, reuse, and recycle. reverse logistics in a circular economy. At Patagonia, the bottom line includes the earth.

Waste Reduction 78

Waste Reduction Sustainability Material Savings Supply Chain Planning Software 78

Unleashed

AUGUST 20, 2023

It includes everything from the procurement of raw materials to production, inventory management, and shipping. Managing and optimising production lead time involves balancing factors like production capacity, inventory levels, and operational efficiency to achieve the desired lead time while delivering items of high quality.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

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. Going back to reverse logistics, consumers expect a hassle-free, cost-free returns process. E-commerce is in the middle of a boom.

Logistics Network Optimization Software 198

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

GlobalTranz

JULY 30, 2018

The Applications of Blockchain Are Growing, And Supply Chain Execs Need to Know Where to Look The applications of the use of blockchain in supply chain and logistics platforms are under development, but 2018 is expected to be the year when such technologies reach the masses.

Logistics Network Optimization Software 126

Logistics Network Optimization Software Examples Supply Chain Software Manufacturing Procurement 126

Procurement Academy

AUGUST 25, 2022

As an integral part of supply chain management, logistics plays an important role to keep the supply chain strong by planning, implementing, and controling the flow and storage of goods and services to meet customer’s requirements. When freight volume grows and transportation becomes more complicated, the need for logistics management rises.

Buyer Training 52

Buyer Training Price Mitigation Strategies Training Supply Chain Planning Software 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.

Supply Chain Planning Software 70

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

Enterra Insights

MAY 3, 2018

And also, how much and where the optimal inventory should go so we can satisfy that customer’s needs wherever she wants to shop.”[5] Reverse logistics adds another layer of complexity (and a few more cogs) into the omnichannel machine. This means moving inventory to make it closer to markets where it is sells.

Omnichannel 100

Omnichannel Procurement Analytics Supply Chain Design Software Analytics Software 100

Supply Chain Game Changer

OCTOBER 28, 2020

With the increased prominence of Supply Chain, Logistics and Procurement within organizations, is compensation increasing? The top 5 technical skills were, in order: Inventory Management, Project Management, Best Practice Knowledge, Computer Skills, and Risk Management. Top Skills: Technical skills are as crucial as ever.

Supply Chain Planning 98

Supply Chain Planning Supply Chain Strategy Purchasing Skills Supply Chain 98

Supply Chain Game Changer

MARCH 9, 2021

logistics, transportation) they often aren’t the subject matter experts in this area. That is the purview of Procurement. Supply Chain oversees Inventory levels and Inventory turnover, Accounts Payable terms, the cost of goods and services, timing of cash inflows and outlays and which define cash flow.

Supply Chain Planning Software 90

Supply Chain Planning Software Negotiating Skills Supply Chain Design Software Purchasing Skills 90

GlobalTranz

FEBRUARY 16, 2016

Anything that reduces returns, Return Merchandise Authorizations (RMAs), Return to Vendor (RTV) or Reverse Logistics systems can aid in logistics cost reduction. A Transportation Management System (TMS) optimizes freight to utilize the most effective lanes and routes. Focus on Suppliers for Logistics Cost Reduction.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

Supply Chain Game Changer

NOVEMBER 13, 2018

Check out What Exactly Is Reverse Logistics? Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more. Interestingly there are many views on how to define Supply Chain.

Supply Chain Design Software 72

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Optimal Sourcing 72

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 Vendor Strategies Supply Chain Design Software 101

ToolsGroup

JANUARY 5, 2016

Now companies have started outsourcing supply chain business processes like planning, direct procurement, order management, inventory optimisation and reverse logistics. In the initial years, companies focused on outsourcing functions like finance, customer service and HR.

Supply Chain Planning Software 120

Supply Chain Planning Software Resource Reduction Cost Reduction Strategies Price Reduction 120

Supply Chain Game Changer

JUNE 11, 2019

SCM encompasses the integrated planning and execution of processes required to optimize the flow of materials, information and financial capital in the areas that broadly include demand planning, sourcing, production, inventory management and storage, transportation — or logistics — and return for excess or defective products.

Supply Chain Design Software 105

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 105

Supply Chain Game Changer

OCTOBER 8, 2019

Most definitions of disintermediation characterize it as the elimination of intermediaries, or “ cutting out the middleman “ Further consider that the “Wastes” associated with Lean thinking and principles include transportation, inventory, over production and motion amongst others. Why is this relevant?

Waste Reduction 63

Waste Reduction Inventory Reduction Resource Reduction Price Reduction 63

Enterra Insights

JULY 27, 2021

Increase forecasting accuracy to reduce obsolete inventory. Simulate the CO 2 footprint of the plan through procurement, production, and transport. There are a few ways companies are able to achieve this goal using reverse logistics and returns management.

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Agile and Lean Supply Chain 100

ShipBob

SEPTEMBER 20, 2021

The process involves complex steps, from procurement, to shipping products to end users, often resulting in a lack of visibility and high operational costs. End-to-end (E2E) supply chain refers to all supply chain processes, from logistics procurement to the post-sale customer experience. . Procurement & manufacturing.

Optimal Sourcing 52

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

The Lean Supply Chain

MAY 22, 2015

Simply put: inventory swings in larger and larger “waves” in response to customer demand (the handle of the whip), with the largest “wave” of the whip hitting the supplier of raw materials. Excessive Inventory/inadequate inventory. Inventory Inaccuracies. People problems. Order processing.

Optimal Sourcing 40

Optimal Sourcing Supply and Demand Forecasting Agile and Lean Supply Chain 40

GlobalTranz

DECEMBER 7, 2015

Instead of setting up brick-and-mortar stores, or keeping inventory on hand, you can start offering this new product on your new store. Manufacturers will be able to improve their inventory due to the information presented by both supply chain and operations data. Let us know in the comments below!

Manufacturing Procurement 120

Manufacturing Procurement Analytics Software Trends Supply Chain Design Software 120

Logistics Bureau

MARCH 14, 2018

Affected by changes in production, procurement and distribution methods, warehousing has continually been pushed and pulled in different directions. Transport optimisation considerations dictate that warehousing is used at the end-point of a transport system to amass enough products for a full load for the subsequent transport system.

Warehousing 53

Warehousing Supply Chain Software Supply Chain Design Software Supply Chain Planning Software 53

Logility

SEPTEMBER 17, 2021

GSCM includes green initiatives to accomplish the ultimate goals: green materials, green production, reverse logistics, closed-loop supply chains, and green procurement and returns. Reverse logistics can be seen as the ultimate recycling process, managing goods from the point of consumption to their point of origin.

Waste Reduction 130

Waste Reduction Supply and Demand Material Savings Supply Chain Planning Software 130

SCMDOJO

JANUARY 17, 2024

They can also be in charge of mapping out logistics for transporting the supply and fulfilling orders. A logistics resource planner coordinates workers and transport fleets to fulfill customers’ orders. They are in charge of purchasing, procurement, and sourcing. Planners do exactly that.

Negotiating Skills 69

Negotiating Skills Purchasing Skills Optimal Sourcing Manufacturing Procurement 69

Infosys Supply Chain Management

JANUARY 11, 2013

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. It is the best practice to be followed since it reduces inventory, saves space and energy. Logistics Design : Efforts should be practiced to reduce fuel consumption. Business Process Outsourcing. Human Resources.

Agile and Lean Supply Chain 37

Agile and Lean Supply Chain Supply Chain Design Software Material Savings Manufacturing Procurement 37

Unleashed

APRIL 12, 2023

B2B fulfillment, also called business-to-business fulfillment, is when one business supplies inventory to another business or retailer, either to use within the business or for resale to their customers. B2B procurement contracts can last for prolonged periods and be worth millions of dollars. What is B2B fulfillment?

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Management Software Supply Chain Design Software Supply Chain Software 52

FLEXE

APRIL 12, 2017

On-demand warehousing solutions make it possible to solve for inventory overflow and add fulfillment centers with little-to-no risk and no long-term lease agreements. Instead of having to invest in fixed assets, or working with only one 3PL, you can procure the space you need, when and for however long you need it.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Inventory Reduction Price Reduction 52

Logistics Bureau

NOVEMBER 18, 2020

Load Planner: The holder of this post oversees the loading of customer’s orders into trucks and also plans transport routes. In procurement, you will focus on making contracts with suppliers and be responsible for making sure the purchased materials or components are delivered to the manufacturing division. Logistics Manager.

Manufacturing Procurement 94

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Supply Chain Optimization 94

FLEXE

MARCH 16, 2017

Today, technology exists that makes the process of finding and procuring capacity on-demand—making it a lot easier to scale operations and grow your business. Cut transportation costs by positioning inventory closer to customers. Solve reverse logistics challenges by putting return centers close to high-density areas.

Modeling 31

Modeling Supply and Demand Demand Planning Software Cost Reduction Strategies 31

Logistics Bureau

OCTOBER 11, 2021

That benefit could allow you to carry some extra inventory without risking heavy losses through obsolescence. Optimise supply routes , logistics partnerships, and transportation modes to speed up supply. Effective Demand, Supply, and Inventory Planning. Supply chain inventory management has arrived at a crossroads.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Material Savings Negotiating Skills Inventory Reduction 52

Enterra Insights

SEPTEMBER 12, 2019

Lack of Inventory Visibility and Metrics. Carrying inventory is a necessary evil. Too much inventory means profits are eaten away by storage costs. Too little inventory and sales opportunities are lost. Poor Visibility into Inventory in Transit. Finding the Right Transportation. Reverse Logistics.

Omnichannel 100

Omnichannel Logistics Network Optimization Software Retail Inventory Reduction 100

Logistics Bureau

APRIL 18, 2019

The objective of a capacity planner is to optimize manufacturing or production capacity through process, design, resource procurement, and collaboration with supply chain partners. I would say that this is the most important thing to be successful in a Purchasing or Procurement career. –Robert Freeman, Procurement Expert.

Manufacturing Procurement 80

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 80

SCMDOJO

APRIL 22, 2022

Outsourcing takes place in every service, so much so that the retailers or businesses are not aware from whom a specific part of the product is procured. The tokenization system will also improvise how inventories are managed in the supply chain. Streamlining Procurement Operations. You can find more about procurement here.

Supply Chain Planning Software 137

Supply Chain Planning Software Pharmaceutical Supply Chain Software Supply Chain Planning 137

Supply Chain Game Changer

JUNE 16, 2020

On the other hand if customer demand fails to materialize according to forecast you can be stuck with a lot of custom inventory, unrecovered expenses and a huge cash flow problem. Their Sales teams will want to pad forecasts and hedge demand but their Procurement teams will want to give you forecasts that they are more confident in.

Supply Chain Risk Management 57

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Design Software 57

MIT Supply Chain

JANUARY 11, 2021

Chris Caplice, Executive Director, MIT CTL, Founder & Co-Director, MIT FreightLab Develop and pilot a more dynamic truckload transportation procurement and management process. Better understand how disruptions impact the freight transportation market and how they can be minimized.

Supply Chain Design Software 52

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

Supply Chain Game Changer

FEBRUARY 5, 2019

The 3 Pillars of Digital Procurement! Virtually every type of software application is offered in a SaaS model, including software to support ERP, TMS, CRM, Inventory Management, and Invoicing applications, all of which are related to Supply Chain. We had phenomenal, global capabilities in Logistics and Procurement.

Logistics Network Optimization Software 76

Logistics Network Optimization Software Supply Chain Planning Software Modeling Software Inventory Management Software 76

Supply Chain Game Changer

MARCH 24, 2020

Total cost of ownership (TCO) is a Procurement sourcing methodology which entails taking into account all aspects of doing business with a supplier, not just unit costs. TCO models can include variables such as unit price, Accounts Payable terms, cost of quality, lead times, technological value, logistics costs, management costs and more.

Supply Chain Design Software 82

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Supply Chain Design 82

Logistics Bureau

DECEMBER 9, 2019

The circular supply chain also integrates the reverse logistics process, taking products returned from customers and reinserting them into the forward flow at appropriate points. Again, this might include recycling or refurbishing items damaged in storage or transit, or placing undamaged returns back into a sales inventory.

Logistics Network Optimization Software 96

Logistics Network Optimization Software Supply Chain Software Trends Agile and Lean Supply Chain 96