Tompkins Blog

APRIL 29, 2014

But can the pace of these changes affect the real estate industry in major ways? As rapid change takes place in online ordering and fulfillment for retail, consumer goods, distribution, and third-party logistics (3PLs), the needs for real estate space change too. You bet it can. Facts Behind Pace of Change.

Real Estate 66

Real Estate Material Savings Price Reduction Sourcing Strategies 66

GlobalTranz

FEBRUARY 6, 2018

An ecommerce fulfillment warehouse in the USA sends the wrong packages to customers. On top of all that, billions if not trillions of dollars worth of potential working capital are tied up in illiquid assets such as 90-day invoice payouts or even the real estate value of, say, a warehouse or factory building.

Supply Chain Design Software 411

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chain Strategy 411

Supply Chain Matters

JULY 7, 2023

According to the June report summary , the primary driver of the latest decline was the inventory metric, which reportedly contracted 6.5 Consequently, the warehousing capacity metric increased a reported 6.8 Further, the current LMI value has slid 21.5 percentage points on a year-over-year dimension. percentage points in June.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Inventory Reduction Negotiate Pricing 52

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 194

Modeling Negotiating Skills Cost Reduction Strategies Scenario Planning 194

BlueYonder

FEBRUARY 17, 2022

Focus on warehouse automation has come full circle since the last big automation movement of the ‘90s, but today with a significantly better set of tools and technological improvements enabling more robust digital transformation and warehouse automation. Brief highlights of logistics investments over the last three decades.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 70

Operations and Supply Chain Management

JUNE 23, 2020

A short-term surge in warehouse demand could signal long-term changes in supply chain strategies. Many are accelerating use of hybrid strategies, with fulfillment from stores expanding. The warehouse figures suggest they’re also spreading more inventory around the U.S. to ensure rapid delivery to consumers.

Supply and Demand 40

Supply and Demand Warehousing Real Estate Inventory Reduction 40

FLEXE

AUGUST 10, 2017

Aside from that being one of your busiest times of the year, the movement to eCommerce and omnichannel shopping has made accurate demand planning impossible and inventory allocation harder than ever. He’s in charge of inventory management across its distribution and fulfillment network. The holidays are coming.

Warehousing 52

Warehousing Modeling Supply and Demand Inventory Reduction 52

The Logistics of Logistics

DECEMBER 8, 2021

Lineage’s expertise in end-to-end logistical solutions, its unrivaled real estate network and its use of technology combine to promote food safety, increase distribution efficiency, advance sustainability, lessen environmental impact, and minimize supply chain waste. Luis holds a B.A. About Turvo. and nearly 10% worldwide.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Network Software 130

The Logistics of Logistics

JANUARY 19, 2021

Lineage’s expertise in end-to-end logistical solutions, its unrivaled real estate network and its use of technology combine to promote food safety, increase distribution efficiency, advance sustainability, lessen environmental impact, and minimize supply chain waste. Luis holds a B.A. About Turvo. and nearly 10% worldwide.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software Logistics Network Optimization Software 130

GlobalTranz

JULY 21, 2016

Meanwhile, eCommerce is catalyzing significant changes in retail real estate as more companies vie for warehouse space and transportation services to meet a growing number of online orders, explains Alexander Frei and John Morris of Area Development. Warehousing Expansion Is a Must.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Negotiating Skills Warehousing Logistics 120

Supply Chain Network

JUNE 14, 2014

To do this you need to ensure that at ALL locations where stock is held or displayed for retail sale, that ACCURATE and TIMELY inventory information is available. Thought is to leverage existing building assets, people and inventory to support the online business. Advantages, Disadvantages and Benefits – Regional Hub Stores.

Vendor Strategies 87

Vendor Strategies Inventory Reduction Cost Reduction Strategies Expense Reduction 87

BR Williams Supply Chain Management

MARCH 24, 2021

If you don’t have the resources to support your e-commerce growth, it’s time to reconsider your order fulfillment strategy. Maybe you need a more organized warehouse layout, or your shipping process has become clunky. You Have Little to No Space in Your Warehouse or Distribution Center. Sound familiar?

Demand Planning Software 96

Demand Planning Software Optimization Software Material Savings Price Mitigation Strategies 96

RFgen

OCTOBER 6, 2016

Clearance sales are one way to get rid of excess inventory. may need to find ways to reduce inventories without throwing away money. As retailers look to correct this problem, they’ll need to find buyers for fixed assets and real estate and new solutions for inventory management. Retailers in the U.S.

Inventory Reduction 52

Inventory Reduction Inventory Retail Waste Reduction 52

RFgen

OCTOBER 6, 2016

Clearance sales are one way to get rid of excess inventory. may need to find ways to reduce inventories without throwing away money. As retailers look to correct this problem, they’ll need to find buyers for fixed assets and real estate and new solutions for inventory management. Retailers in the U.S.

Inventory Reduction 52

Inventory Reduction Inventory Retail Waste Reduction 52

RFgen

JANUARY 6, 2016

The practice of consolidating resources is not just used by startups, major retailers Best Buy and Macy’s plan to share real estate in an effort to sell products with less overhead , according to Forbes. Sharing Business and Warehouse Assets. Instead, they connect customers to products and assets through modern technology.

Supply Chain Planning Software 52

Supply Chain Planning Software Warehousing Real Estate Sourcing Strategies 52

RFgen

JANUARY 6, 2016

The practice of consolidating resources is not just used by startups, major retailers Best Buy and Macy’s plan to share real estate in an effort to sell products with less overhead , according to Forbes. Sharing Business and Warehouse Assets. Instead, they connect customers to products and assets through modern technology.

Supply Chain Planning Software 52

Supply Chain Planning Software Warehousing Real Estate Sourcing Strategies 52

Supply Chain Game Changer

DECEMBER 17, 2020

You also gain access to a variety of physical assets, such as warehouses, distribution centers, trucks and technologies. These services enable companies of all sizes to fulfill orders through just-in-time manufacturing, warehousing less and keeping shipping inventory lean. Why is freight management important?

Logistics Network Optimization Software 78

Logistics Network Optimization Software Freight Expense Reduction Cost Reduction Strategies 78

GlobalTranz

JANUARY 5, 2017

Today's blog is a continuation of yesterday's where we discussed cost management and KPIs with warehousing contracts using a real-world scenario. Now we dive a bit deeper with incentives, gain sharing, should-cost models, and governance in warehousing contracts. What are the other incentives followed in warehousing industry?

Modeling 165

Modeling Warehousing Cost Reduction Strategies Price Reduction 165

Supply Chain Network

APRIL 12, 2014

To do this you need to ensure that at ALL locations where stock is held or displayed for retail sale, that ACCURATE and TIMELY inventory information is available. Thought is to leverage existing building assets, people and inventory to support the online business. Advantages, Disadvantages and Benefits – Regional Hub Stores.

Vendor Strategies 101

Vendor Strategies Inventory Reduction Cost Reduction Strategies Expense Reduction 101

ShipBob

OCTOBER 19, 2023

Warehouse usage plays a key role in your ecommerce profitability as it determines how much inventory you can stock at a time and how much you’re spending on storage. Making the most of available storage space allows you to store more inventory and have more items available for sale. What is warehouse space utilization?

Warehousing 52

Warehousing Inventory Reduction Waste Reduction Price Mitigation Strategies 52

Supply Chain Matters

JULY 20, 2022

As the calendar now moves to the second half of 2022, it is important to focus on rapidly changing forces and developments including a marked escalation in geo-political tensions that impact global supply chain strategies. . The effect has been cash and working capital headwinds and growing demands for warehouse space. .

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Supply Chain Strategy Supply Chain 98

Logistics Bureau

JULY 21, 2017

At the next Logistics Bureau Free Executive Breakfast (which will take place in August), I’ll be discussing the alignment of supply chain and business strategy along with eight other important levers for supply chain performance improvement. The Failing Kmart Business Strategy. The first Kmart store opened way back in 1962.

Cost Reduction Strategies 45

Cost Reduction Strategies Price Reduction Inventory Reduction Vendor Strategies 45

Supply Chain Network

AUGUST 1, 2014

Well you can look old today if you don’t have a digital strategy if your customer wants it. So as soon as he found it digitally and a store with inventory he borrowed Kevin’s truck and drove straight to store to buy it without even calling to ensure it was there. Simply put he wanted it NOW!

Inventory Reduction 96

Inventory Reduction Expense Reduction Cost Reduction Strategies Real Estate 96

Logistics Viewpoints

MARCH 21, 2024

The challenges brought about by the pandemic made many rethink strategy when it came to inventory, stock on hand, secondary options and the ability to guarantee supply and resiliency. That means planning, inventory, and order management must be very closely aligned and optimized.

Prescriptive Analytics Software 215

Prescriptive Analytics Software Supply Chain Planning Software Optimization Software Analytics Software 215

FLEXE

OCTOBER 6, 2017

However, creating a larger fulfillment network with fixed real estate is expensive. Walmart continues to innovate its eCommerce and logistics strategy. It receives packages at its warehouse in Brooklyn and uses routing algorithms, a fleet of leased trucks, and employee-based workforce to sort and load packages for delivery.

New York City 57

New York City Agile and Lean Supply Chain Supply Chain Design Software Modeling 57

Vinculum

JANUARY 24, 2022

With increasing competition, Brands have been witnessing the traditional retail sector getting more crowded day by day and themselves losing out on their share of real estate and their retailers altogether. Another challenge that moving to D2C brings is the adherence to a newer set of inventory merchandising. Sales Growth.

Modeling Software 52

Modeling Software Modeling Optimization Modeling Supply Chain Planning Software 52

FLEXE

JANUARY 25, 2018

At first, that meant having a website and selling through it, which required a sturdy inventory and order management system. Today, increasing demands for faster, more affordable delivery means decentralized inventory, real-time information, and shorter distances from distribution center to end consumer.

Omnichannel 37

Omnichannel Logistics Network Optimization Software Inventory Reduction Sourcing Strategies 37

Supply Chain Game Changer

APRIL 11, 2019

Keys to Success in Warehouse Management/Order Fulfillment! You can expand and contract warehouse space as your business needs change. There are four basic components of the e-fulfillment process: ECommerce store and fulfillment center integration Receiving and inventory management Order fulfillment Returns processing.

Resource Reduction 53

Resource Reduction Resources Material Savings Inventory Management Software 53

Unleashed

JANUARY 25, 2023

In fact, in the UK alone average inventory values jumped nearly 100% from 2019-2022 , while gross margin return on investment (GMROI) dropped 76%. In these tricky times, smart cash flow management strategies are essential to bring down costs (or push profits) in controllable areas, offsetting international instability.

Material Savings 98

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 98

FLEXE

MARCH 27, 2018

DISRUPTIVE INNOVATIONS AND THE ART OF WAREHOUSING. In the not too distant future, we could see major changes not just in retailing and transportation, but also manufacturing and real estate. Eventually, each product’s “digital life” will begin as soon as it is made, enabling real-time visibility from start to finish.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 40

FLEXE

MARCH 27, 2018

DISRUPTIVE INNOVATIONS AND THE ART OF WAREHOUSING. In the not too distant future, we could see major changes not just in retailing and transportation, but also manufacturing and real estate. Eventually, each product’s “digital life” will begin as soon as it is made, enabling real-time visibility from start to finish.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 40

Supply Chain Game Changer

SEPTEMBER 14, 2020

What is your Strategy? In March 2020, Real Estate Investor/Tax Analyst Carlos Colon (a Philadelphia native, raised in Puerto Rico) decided to bring an idea of his to life; one which was building in his heart for a long period of time. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Last Mile Delivery!

Logistics Network Optimization Software 53

Logistics Network Optimization Software Philadelphia Puerto Rico Sourcing Strategies 53

Alloy

JULY 30, 2019

With decades of experience in consumer goods and technology, Prober is a thought leader on the intricacies of sales, supply chain, and strategy, and that expertise proved invaluable during the roundtable. GoPro had a successful “good-better-best” product strategy, offering three clearly differentiated product models.

Modeling 40

Modeling Alloy Supply and Demand Price Reduction 40

ShipBob

APRIL 15, 2024

That means you must see a sufficient return on your inventory investment. In other words, you need to make more money selling your inventory than you spent to acquire, store, and fulfill orders with it. In this post, we’ll cover what GMROI is and why it’s important for your retail inventory management.

Inventory Reduction 52

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 52

6 River Systems

DECEMBER 5, 2019

The efficiency of order fulfillment from warehouses has become an important focus in logistics management as customers demand quicker deliveries. Warehouse order picking is an important factor in efficient order fulfillment. ” – Shawn Lynch , How to Improve Order Picking Your Warehouse , FlexQube; Twitter: @FlexQube 2.

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Strategies Resource Reduction 52

Locus Robotics

FEBRUARY 10, 2022

Commercial real estate services firm JLL noted in their Grocery Tracker 2021 report that Kroger opened its first fulfillment center in March of 2021, while Walmart has added automated mini warehouses, of 20,000 to 30,000 square feet, to its current stores to increase delivery and pick-up times for grocery orders. Let’s talk!

Inventory Reduction 105

Inventory Reduction Cost Reduction Strategies Retail Industrial 105

RFgen

JUNE 20, 2013

Prior to the pandemic, widespread changes were occurring – from the rise of mobile inventory solutions to robots in warehouse automation. Inventory-heavy businesses must consider the cost and implications of these supply chain optimization strategies. Inventory and Electronic Data Capture Percentage.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Software Optimization Software Price Mitigation Strategies 52