Logistics Viewpoints

MARCH 29, 2021

Dave Elias, VP of SCM (on the left), and Josh Stauffer, Sr. Run” will include using the platform for inventory optimization and to support interesting internet-of-things (IoT) and artificial intelligence (AI) projects. The sourcing centers shipped over 130,000,000 pounds of product last year. Director of IT, of HWI.

Optimal Sourcing 157

Optimal Sourcing Innovation Manufacturing Procurement Supply Chain Planning Software 157

SCMDOJO

DECEMBER 14, 2023

Studies say that 25% of customers won’t buy something unless it can be shipped in two days or less. This total time can be further categorized into key components: Procurement Lead Time: This dimension, situated in the upstream supply chain, covers the duration from placing an order to receiving it.

Inventory Reduction 75

Inventory Reduction Vendor Strategies Waste Reduction Cost Reduction Strategies 75

Precoro

MAY 19, 2023

The right metrics can shed light on how cost-effective a company’s processes are when it comes to the flow of goods, both at the inbound stages of procurement and outbound all the way to the customer. Inventory is one of the most important assets of any company, as it’s the basis for generating revenue.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

Supply Chain Game Changer

OCTOBER 10, 2022

However, for those who aspire to management positions, it’s most efficient to focus on earning an MBA in SCM (supply chain management) as the first step in creating a career in logistics-related industries. Of all the steps involved in building a career in the SCM field, none is more integral than the right degree.

Education 96

Education Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 96

Kinaxis

AUGUST 5, 2014

A few hours later, your procurement head walks in the office. “We Efficiency programs like lean drove us to reduce suppliers and cut inventory. Supply chain risk management practice advises us to source additional suppliers and plan additional strategic inventories as mitigation strategies.

Inventory Reduction 267

Inventory Reduction Supply Chain Planning Software Sourcing Strategies Supply Chain Strategy 267

GlobalTranz

FEBRUARY 17, 2016

Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well. A Focus on Inventory Control Begets Warehouse Cost Reductions. A Focus on Inventory Control Begets Warehouse Cost Reductions. First, look at inventory as MONEY/CASH. Understand Data Integrity to Reduce Inventory Costs.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

SCMDOJO

MARCH 15, 2023

Read More: The Challenges and Opportunities of Implementing Artificial Intelligence in Procurement ] What is ChatGPT? From inventory management to last-mile delivery, ChatGPT systems are being used in various ways to improve supply chain management.

Supply Chain Design Software 126

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Software 126

ShipBob

JANUARY 17, 2022

Supply chain execution refers to the process of driving the flow of goods within the supply chain – starting from procurement all the way through final-mile delivery. This may include production planning to decide on manufacturers and suppliers, as well as developing procurement strategies based on forecasted demand and production lead times.

Supply Chain Execution 52

Supply Chain Execution Supply Chain Planning Software Optimal Sourcing Supply Chain Software 52

RFgen

APRIL 20, 2023

OVERVIEW: Overview of Mobile Inventory Solutions What Problems Does Mobile Inventory Solve? With the growing reliance on digital technologies and reliable data, Oracle Fusion Cloud SCM has emerged as a powerful platform, enabling organizations to optimize their inventory control practices.

Inventory Management Software 52

Inventory Management Software SCM Inventory Management Supply Chain Planning Software 52

Supply Chain Game Changer

NOVEMBER 19, 2018

From planning to negotiating to buying, from moving goods to processing goods, and from managing data to managing inventory. The Cash Cycle is a function of the days of Accounts Receivable, Accounts Payable, Inventory and Capital Expenditures. The Supply Chain function within your company has many responsibilities.

Negotiating Skills 84

Negotiating Skills Cost Reduction Strategies Purchasing Skills Inventory Reduction 84

Freightos

NOVEMBER 11, 2021

Even closer to end customers, in August, Maersk acquired Visible SCM, a Utah-based B2B/B2C company, which handles over 200,000 orders a day across nine fulfillment centers, as well as a European counterpart. For a forwarder, refraining from working with Maersk today is expensive because it removes 17% of global shipping capacity.

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

Intelligent Audit

MAY 27, 2021

From the moment of order creation to the time it’s delivered, shippers need to know whether it was shipped through the proper distribution center and service, was it damaged, and did it arrive on time and in full. And using these tips as a guide will enhance your shipping strategy and lead you to the path of success in the supply chain.

Analytics Software 52

Analytics Software Predictive Analytics Supply Chain Planning Software Modeling 52

Intelligent Audit

MAY 27, 2021

From the moment of order creation to the time it’s delivered, shippers need to know whether it was shipped through the proper distribution center and service, was it damaged, and did it arrive on time and in full. Enhance your Shipping Strategy with the Right Retail Supply Chain Analytics. Demand Forecasting.

Analytics Software 52

Analytics Software Predictive Analytics Supply Chain Planning Software Modeling 52

6 River Systems

JULY 9, 2019

Data-driven SCM provides visibility from end to end for monitoring the flow of information, services and goods from procurement to manufacturing and delivery to the end consumer. Supply chain optimization isn’t a simple undertaking, but effective SCM offers numerous benefits that improve the bottom line.

Optimal Sourcing 40

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Optimization 40

MIT Supply Chain

JULY 24, 2014

By tailoring transportation methods and distribution center processes to match the delivery speed required of each product, companies can reduce the cost of transportation, prevent excess inventory, and eliminate lost sales. For more information on the SCM program and the latest theses contact SCM program Director Dr.

Cost Reduction Strategies 81

Cost Reduction Strategies Inventory Reduction Purchasing Skills Optimal Sourcing 81

Procurement Academy

AUGUST 10, 2021

The Elastic Logistics approach has become an appropriate response recently when Supply Chain Management (SCM) found the challenges of persistently tracking an enormous variety of items and suppliers and the need to fulfill ever-growing client’s personalized demands and expectations. What is elastic logistics?

Logistics Network Optimization Software 64

Logistics Network Optimization Software Supply Chain Planning Software Demand Planning Software Supply Chain Software 64

ShipBob

AUGUST 24, 2023

Moreover, there may be raw material shortages that will then result in supply chain bottlenecks as businesses are unable to procure inventory to keep up with demand. That means companies will need to appropriately adjust their production and procurement so as to avoid excess stock and piling up surplus inventory.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing SCM 52

Supply Chains Rock

JUNE 3, 2009

This article in MarineLog reported that "Toyota had to rent a boat in Sweden to store 2,500 extra cars from inventory.". I think in coming year SCM industry will grow a lot. more and more companies will hire trained manpower for SCM & firms will innovate effective SCM to compete with each other. SCM Blogroll.

Procurement Analytics 100

Procurement Analytics Manufacturing Procurement SCM Supply Chain 100

NC State SCRC

NOVEMBER 6, 2021

Nowhere is digital transformation needed more than the Los Angeles port, where major operational disconnects are occurring between ships, trains, and trucks. However, not every supply chain and procurement decision fits neatly into this category. This is a “positive vote for the machine”.

Purchasing Training 52

Purchasing Training Supply Chain Planning Software Supply Chain Planning Negotiating Skills 52

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. They also need to keep a check on inventory levels and identify obsolete stock. Streamline standards , including in procurement, packaging, and delivery.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

Supply Chain Game Changer

NOVEMBER 11, 2018

In the past discussions were held with a Director or Vice President of Supply Chain or Procurement or even the Chief Operations Officer about the design or re-design of the Supply Chain. In my new position, I get to meet the buyers or an executive in charge or procuring labels. In some companies they are categorized as “Consumables”.

Supply Chain Design Software 43

Supply Chain Design Software Manufacturing Procurement Supply Chain Software Supply Chain Design 43

Supply Chain Opz

NOVEMBER 9, 2014

Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times. Reducing lead times from suppliers can help turn inventory faster, freeing up cash and ultimately satisfying customers. These are three examples: Rule 3.1:

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

Supply Chain Game Changer

NOVEMBER 19, 2018

Check out Procurement Experiences, Trends and the Future! In the book, The Living Supply Chain , the authors argue that, “Speeding up the supply chain is at the root of everything that is good: improved revenue, reduced working capital, higher profitability, and less obsolete inventory. The post Supply Chain Predictions!

Predictive Analytics 45

Predictive Analytics Predictive Analytics Software Supply Chain Planning Software Supply Chain Software 45

Supply Chain Game Changer

NOVEMBER 21, 2018

In the mid 1950s, this concept was extended to transportation management with the development of intermodal containers together with ships, trains, and trucks to handle these containers. SCM #SupplyChain #Business #Leadership #Logistics #Distribution #History #Procurement. The post The History of Supply Chain Management!

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimal Sourcing 93

Supply Chain Game Changer

NOVEMBER 7, 2018

What it meant was that the company had not spent any time to develop better forecasting, planning, and inventory management systems and processes. The CEO said that the supplier had shipped us a poor quality product. Selected as one of the Top 75 Supply Chain Blogs, and one of the Top 25 Procurement Blogs, on the Internet.

Reverse Logistics 60

Reverse Logistics Logistics Network Optimization Software Logistics Supply Chain Planning Software 60

Supply Chain Game Changer

NOVEMBER 7, 2018

Because if we don’t have the goods in the Distribution Centre we can’t ship them to stores and we can’t make them available for Online sales. For excess inventory that was not needed for initial replenishment and product availability we would keep goods in trailers in the parking lot. All Rights Reserved.

Supply Chain Planning Software 55

Supply Chain Planning Software Supply Chain Planning Scenario Planning Warehousing 55

Supply Chain Game Changer

APRIL 26, 2020

Our interactions spanned the full range of Customer-Supply Chain activities: materials costing, planning, materials availability, inventory, delivery performance, and logistics. SCM #SupplyChain #Technology #atxnetworks #leadership #executive. Derek was always the consummate professional. How can people contact Derek Panchyshyn?

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Network Software Supply Chain Software Optimal Sourcing 52

Infosys Supply Chain Management

JANUARY 13, 2014

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Todays WMS is a tightly integrated code between the intrinsic WMS functions like receiving, put away, inventory, picking, packing and shipping, which are the primary functionalities. IT toolbox: SCM community.

Supply Chain Planning Software 29

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 29

Logistics Bureau

NOVEMBER 15, 2018

You sell electronics products over the web from Brazil using different suppliers to drop-ship to consumers in Europe. The data can be structured, as in shipping and payment systems. Accurate data enables better understanding of customer needs, demand trends, and production and inventory requirements. Access to information.

Supply Chain Design Software 45

Supply Chain Design Software Supply Chain Planning Software Pharmaceutical Cost Reduction Strategies 45

Infosys Supply Chain Management

DECEMBER 29, 2011

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. They are order sourcing, order scheduling, order release and finally order shipping & delivery. During the release process, if sufficient inventory is not available, order used to get backordered. Banking Suite.

Optimal Sourcing 24

Optimal Sourcing Manufacturing Procurement Inventory Reduction Supply Chain Planning Software 24

Infosys Supply Chain Management

DECEMBER 29, 2011

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Free shipping, aggressive pricing and popular electronic and jewelry items lured consumers to place their online orders. Business Process Outsourcing. Customer Service. Finance & Accounting. Human Resources.

Manufacturing Procurement 29

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 29

Infosys Supply Chain Management

AUGUST 10, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Some stores are being turned into convenient pick-up locations for online purchases while online sites offer consumers various options for larger selection along with shipping and pickup options. Procurement Blog.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Software Manufacturing Procurement Innovation 28

Infosys Supply Chain Management

NOVEMBER 28, 2011

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. The retailer may be using different methods to fulfill orders like, drop ship fulfillment, delivery and installation and home delivery using 3rd party carriers. Business Process Outsourcing. Customer Service.

Manufacturing Procurement 20

Manufacturing Procurement Supply Chain Planning Software Inventory Reduction Agile and Lean Supply Chain 20

Infosys Supply Chain Management

DECEMBER 31, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Thus, many retailers, both brick and mortar and online focused, had to dynamically link available inventory with in-store, online and channel related promotional initiatives. Business Process Outsourcing. Banking Suite.

Supply Chain Planning Software 24

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 24

Supply Chain Game Changer

NOVEMBER 17, 2018

Our interactions spanned the full range of Customer-Supply Chain activities: materials costing, planning, materials availability, inventory, delivery performance, and logistics. SCM #SupplyChain #Technology #atxnetworks #leadership #executive. Derek was always the consummate professional. LinkedIn is best. You’ll find me there!

Supply Chain Network Software 40

Supply Chain Network Software Network Optimization Supply Chain Planning Software Supply Chain Software 40

NC State SCRC

DECEMBER 8, 2019

When it is not in motion, it is classified as inventory. But this took time – we had to “defrag” our supply chain, and eventually I learned we had 59 days of inventory. You can either ship it by boat from China (30 days) or by plane (FedEx). In this book, he emphasizes the importance of material being in motion.

Supply Chain Design Software 52

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

Infosys Supply Chain Management

FEBRUARY 11, 2013

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Moreover, since the SMEs are experts in their areas of expertise only (eg: SMEs for inventory, purchasing, shipping, financials etc.), IT toolbox: SCM community. Procurement Blog. Generic SCM (130).

Agile and Lean Supply Chain 24

Agile and Lean Supply Chain Procurement Solutions Supply Chain Design Software Supply Chain Planning Software 24