Logistics Viewpoints

APRIL 29, 2021

In addition to large distribution orders, many retail and business-to-business facilities are shipping rising volumes of direct-to-consumer orders. Inventory and Labor Planning. Justin is a certified Lean Six Sigma Black Belt, and he holds an MBA from the Katz Graduate School of Business at the University of Pittsburgh.

Optimal Sourcing 150

Optimal Sourcing Optimization Software Supply Chain Design Software Supply Chain Planning Software 150

The Logistics & Supply Chain Management Society

JULY 16, 2023

Similarly, during the 2010 volcanic eruption in Iceland, which disrupted air travel across Europe, fashion retailer Zara showcased its agility by rapidly adjusting its distribution network to ensure timely delivery of products to customers. The present business landscape is marked by unprecedented levels of complexity and uncertainty.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130

SCMDOJO

AUGUST 16, 2023

In this context, Walmart, the world’s largest retailer, has demonstrated a highly successful and integrated Walmart supply chain, propelling its growth and dominance in the retail industry. By employing these technologies, Walmart gains valuable insights into customer buying behavior, sales trends, and inventory levels.

Inventory Reduction 74

Inventory Reduction Vendor Strategies Price Reduction Supply Chain Planning Software 74

GlobalTranz

OCTOBER 21, 2015

For example: Inventory Record Accuracy has to be 98-100% accurate daily. Outputs and measures are put into a Service Level Agreement ( SLA ) with mutually agreed upon win-win, effective Key Performance Indicators (KPIs). All KPIS have a target percentage to meet. All KPIS have metrics to measure. 3PL/SLA Skills/Knowledge.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

Talking Logistics

AUGUST 3, 2017

Once consumers were shown what was possible in the world of online retailing and home delivery, their behavior – and expectations – began to change. This shift forced retailers to change how they did business, worked with suppliers and served their customers. The question is: how will this impact retailers and manufacturers?

Supply Chain Planning Software 103

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Logistics Network Optimization Software 103

Supply Chain Game Changer

SEPTEMBER 2, 2021

Earlier in the pandemic, we wrote about how forecasting demand is still the biggest supply chain question mark, especially for companies in industries like Retail, Consumer Goods, Pharmaceutical, or Food Production. Inventory Management. But for our money, these are a few of the particularly hot areas: Demand Planning.

Supply and Demand 71

Supply and Demand Pharmaceutical Supply Chain Planning Supply Chain Strategy 71

GlobalTranz

OCTOBER 23, 2015

Sales, Inventory, and Production Planning (SIOP) should be used for business planning and strategy in the shipper, 3PL relationship. At times, both parties agree to remuneration for Kaizen Blitz events, Six Sigma problem solving. Six Sigma Quality and problem solving are necessary for Continuous Improvement.

KPI 120

KPI 3PL Supply Chain Planning Software Resource Reduction 120

Supply Chain Opz

JUNE 1, 2014

The last supply chain case study in the fashion retailing industry is Adidas. Supply chain strategy of the fashion retailing industry is summarized as below, Supply Chain Strategy in Fashion Retailing Industry FMCG industry is typically the products sold to customers at a low cost and will be completely consumed within 1 year.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

GlobalTranz

JANUARY 8, 2016

Part of the Business Plan was Sales and Operations Planning (S and OP) or SIOP adding Inventory Management. Before you slap in Lean tools: 5S, Kaizen, Kanban and Lean Six Sigma, everyone in the company has to change their habits, beliefs and ways of working to be Lean thinkers and Lean believers.

Manufacturing Procurement 120

Manufacturing Procurement Eliminating Excel in Purchasing Supply Chain Planning Software Manufacturing 120

SCMDOJO

JUNE 14, 2023

A 3PL offers a comprehensive range of services, including transportation, warehousing, distribution, and value-added solutions such as inventory management, packaging, and assembly. For example, it can be used for inventory management, order fulfillment, and product tracking tasks.

3PL 77

3PL Supply Chain Design Software Prescriptive Analytics Software Inventory Management Software 77

Logistics Bureau

NOVEMBER 16, 2020

Certified in Production and Inventory Management (CPIM) : The course covers ground such as knowledge of production and inventory management, internal operations, and customer relations. They also need to keep a check on inventory levels and identify obsolete stock. Manage inventory levels. Finance managers. Logistician.

Supply Chain Planning Software 96

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

6 River Systems

FEBRUARY 22, 2019

Choose software that facilitates the valuation and control of permanent inventories based on inputs or outputs, with automated stock alerts, that is versatile and independent of the type of business. Define normal parameters and fine-tune the physical inventory system. Once the method is working, standardize it. Robin Schwartz, PHR.

Cost Reduction Strategies 56

Cost Reduction Strategies Inventory Reduction Material Savings Warehousing 56

Talking Logistics

JULY 17, 2018

couch cushions, cardboard retail displays). Analyze each box size in your inventory, and know what weight is expected for each box size stocked in your facilities with your dim factor. Mark also has a Lean Six Sigma Green Belt certification. Have no waiver for the 90-lb. Have lightweight/low density freight (e.g.,

Pricing Training 121

Pricing Training Negotiating Skills Purchasing Training Optimal Sourcing 121

The Logistics of Logistics

MARCH 13, 2021

Mr. Crabtree is a Master Lean Six Sigma Black Belt, a Certified Supply Chain Transformation Architect and an expert in effective change management, facilitation, and communications. Just-in-time inventory policies, driving suppliers to carry all the burden of just-in-case inventory.

Sourcing Strategies 130

Sourcing Strategies Resource Reduction Price Reduction Waste Reduction 130

Supply Chain Game Changer

NOVEMBER 11, 2018

Toss in a dash of time as a retail logistics leader, sometime consulting and I have seen many aspects of Supply Chain and Operations. Tight timelines, customer escalations, engineering problems, board presentations, inventory variances etc. The departments were called production and inventory control, warehousing and transportation.

SCM 43

SCM Supply Chain Planning Software Buyer Training Supply Chain Software 43

Supply Chain Network

NOVEMBER 23, 2013

CommerceHub, the industry leading merchandising and fulfillment platform for retailers and suppliers, recently announced that John Hinkle has joined the company as Executive Vice President of Production Systems. CommerceHub’s cloud-based solution connects online retailers with suppliers to dramatically expand assortments and grow revenue.

Modeling Software 74

Modeling Software Supply Chain Network Software Logistics Network Optimization Software System 74

The Lean Supply Chain

FEBRUARY 24, 2015

RVCF includes North America’s leading retailers, merchandise suppliers, and service providers)…. . • Assessorial activities: taping, banding, labeling, assembly work, etc. Flexibility: • Do they provide the necessary range of services? and do they use it?

Third Party Logistics 40

Third Party Logistics 3PL Negotiating Skills Negotiate Pricing 40

GlobalTranz

MAY 6, 2015

o Space—holding places for unnecessary inventory. o Inventory—inactive raw, work-in-process, or finished goods. When you create your Sales, Inventory, Operations and Production Plan (SIOP) monthly, or more frequently, invite your top Suppliers and Customers to the SIOP meeting. Inventory velocity and inventory reduction.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Planning Software Waste Reduction Lean 120

Supply Chain Shaman

NOVEMBER 14, 2016

Inventory Turns. Better performance in inventory turns than the peer group average for the period studied. Orbit Chart of VTech for the Period of 2006-2015 at the Intersection of Operating Margin and Inventory Turns . When we acquired the rights to the ATT product, there were large inventory write-offs. Operating Margin.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 150

SCMDOJO

APRIL 26, 2023

Category management can incorporate data-based array planning, inventory control, and product pricing with the mutual objective of enhancing sales performance and operational efficacy. Some retailers may not share data with their suppliers, which could lead to inaccurate data collection.

Procurement Solutions 76

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 76

The Lean Supply Chain

MARCH 22, 2015

o Space—holding places for unnecessary inventory. o Inventory—inactive raw, work-in-process, or finished goods. Quality Assurance goes to your suppliers, qualifies them for their quality systems and enables them to ship to a point of use on the production floor to avoid sitting in a warehouse as wasteful inventory.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Lean Waste Reduction Supply Chain Planning Software 40

Unleashed

OCTOBER 4, 2021

Here we break down the inventory management strategies of seven successful manufacturers and retailers around the globe. These examples show there isn’t a benchmark inventory management strategy that trumps all others.

Inventory Reduction 97

Inventory Reduction Vendor Strategies Inventory Management Software Waste Reduction 97

Infosys Supply Chain Management

JUNE 25, 2012

The objective of all other improvement initiatives like TPM, RCM, Lean or even Six Sigma is to improve your system efficiency thereby increasing the throughput. The theory helps in identifying the constraints and planning around it to exploit the constraint without piling up the excess inventory for the repair work.

Supply Chain Planning Software 22

Supply Chain Planning Software Sourcing Strategies Resource Reduction Optimal Sourcing 22

6 River Systems

JUNE 26, 2020

“They have multi-sourced key commodities or strategic components to reduce their reliance on any one supplier, and they had considered inventory strategy to buffer against supply chain disruption.” The best way to address unforeseen delays (such as we have seen with the pandemic) is to ensure that you have buffer inventory.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 98