Supply Chain Game Changer

AUGUST 21, 2022

A solid supply chain and logistics strategy is essential for large companies. A global chemical manufacturer recently had to replace ships that transported bulk materials to ports. Using a logistics-oriented strategy helps companies better understand their suppliers, improve customer service, and optimize shipping.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

Unleashed

OCTOBER 4, 2023

But by following the best practices mentioned in this guide and optimising your fulfilment approach, you can efficiently fulfil every future customer order with confidence. Efficient order fulfilment is also crucial for customer satisfaction and retention. It also ensures that resources are used efficiently.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

Taulia

OCTOBER 20, 2021

In today’s challenging market, companies face multiple challenges, from shortages of crucial components to port congestion, high shipping costs, logistics delays and uneven customer demand. What is supply chain efficiency? Calculated as cost of goods sold/average inventory.

Sourcing Strategies 105

Sourcing Strategies Optimal Sourcing Supply Chain Software Supply Chain Optimization 105

Supply Chain Game Changer

OCTOBER 29, 2020

Freight sourcing team article and permission to publish here provided by Katharine Barrios at xeneta.com. Freight sourcing and procurement is a critical component of the whole supply chain and is crucial to the success of the business. These are the must-haves for any effective freight sourcing team. Subscribe Here!

Sourcing Strategies 75

Sourcing Strategies Negotiating Skills Optimal Sourcing Negotiate Pricing 75

Unleashed

MAY 4, 2023

An endless aisle strategy can help you overcome the challenges of limited storage and locked-up cash flow. What are the strategies, what are the risks? Learn more: Unleashed’s Guide to Inventory Management Systems What is the endless aisle? But how does it work? Keep reading to find out.

Inventory Reduction 52

Inventory Reduction Material Savings Price Reduction Resource Reduction 52

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

Supply Chain Matters

JULY 15, 2022

This week, the company announced a reversal in manufacturing and supply chain strategy, as well as a major turnabout. Supply chain strategy, process, talent and enabling technologies each play important roles. Sourcing was both a cost as well as landed cost decision factor. Timing was a further crucial factor.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

ToolsGroup

DECEMBER 2, 2021

Inventory mixes and service levels get out of balance across the network—and out of line with business objectives. Download our ebook: Demand Forecast Is Why You Need to Adopt a Service-Driven Supply Chain Strategy. Image source: Stefan de Kok. This leads to excessive costs, waste and obsolescence.

Inventory Reduction 156

Inventory Reduction Waste Reduction Resource Reduction Cost Reduction Strategies 156

Logistics Viewpoints

AUGUST 2, 2021

Driver dwell is a key source of driver dissatisfaction and contributes to the driver shortage. Weisenberger is leading their digitally enabled shipping initiative, she works in distribution operations rather than transportation. Kimberly-Clark knows that making your processes visible is a major step toward improving efficiency,” Ms.

Real-time Visibility 251

Real-time Visibility Shipping Sourcing Strategies Supply Chain Planning Software 251

Unleashed

OCTOBER 5, 2023

Multiple processes must be continually optimised to ensure maximum cost-savings, order accuracy, and efficiency. Warehouse management involves overseeing the processes and activities within a warehouse to ensure efficient storage, handling, and distribution of goods or products. Managing a warehouse can be a complicated task.

Inventory Reduction 52

Inventory Reduction Waste Reduction Material Savings Resource Reduction 52

ShipBob

AUGUST 3, 2021

In this article, you will learn the importance of supply chain agility, what it means to be agile, plus strategies and best practices you can incorporate into your supply chain. Supply chain agility refers to how quickly and efficiently an ecommerce supply chain can react to changes in the market and customer demand.

Agile and Lean Supply Chain 119

Agile and Lean Supply Chain Sourcing Strategies Inventory Reduction Material Savings 119

Supply Chain Shaman

SEPTEMBER 20, 2015

Source: Dictionary.com. When I hear companies discussing the implementation of a customer segmentation strategy, I ask a series of questions: Who is your customer? What are you trying to accomplish through the execution of a customer segmentation strategy? During the year, I go to a lot of conferences. How do they buy from you?

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

GlobalTranz

APRIL 20, 2021

A resilient supply chain incorporates alternative sources, carriers, routes, and other characteristics so that it can flex in response to a situation. Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic. Tips For Building Supply Chain Resiliency.

Supply Chain Planning Software 288

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Design Software Sourcing Strategies 288

Unleashed

JUNE 8, 2023

Behind every successful product business is a thoughtful procurement strategy designed to optimise the supplier management and purchasing process. This guide answers exactly what is procurement, how procurement works in a business , and which tools and strategies lead to supply chain success.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Vendor Strategies Material Savings 52

ShipBob

JULY 2, 2021

With on-demand logistics on the rise (due to high standards and expectations around accurate, fast, and reliable delivery), technology continues to play a tremendous role in supply chain efficiency. Traditional inventory forecasting relies primarily on historical data. On-demand logistics and delivery relies on speed and efficiency.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Sourcing Strategies 98

Unleashed

MARCH 25, 2024

Consolidation warehousing is a strategy that allows your business to reduce transportation costs and improve customer service by combining shipments from various sources into a single truckload. Warehouse consolidation simplifies logistics , reduces transportation costs, and improves operational efficiency.

Material Savings 52

Material Savings Warehousing Inventory Reduction Expense Reduction 52

Logistics Viewpoints

APRIL 25, 2024

Some have automated, gateless check-in; some direct the drivers to check in with the shipping office. So, the parking spots are getting more and more occupied with drop trailers, meaning lot capacity shrinks while finding the trailer with the highest-priority inventory becomes even harder. Problem number one: they are all unique.

Expense Reduction 217

Expense Reduction Cost Reduction Strategies Supply Chain Design Software Inventory Reduction 217

ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

ToolsGroup

JULY 19, 2023

A supply chain digital twin is a complete model of your supply chain that allows you to run what-if scenarios and determine the most efficient use of resources for fulfilling demand. With the advent of true “single source of truth” inventory visibility , a digital twin is a more feasible goal than ever before.

Real-time Visibility 295

Real-time Visibility Supply Chain Planning Software Modeling Scenario Planning 295

The Logistics & Supply Chain Management Society

OCTOBER 17, 2022

Border controls, China’s zero-covid policy and global shipping costs and energy prices is putting increasing pressure on supply chains throughout the Asia Pacific region. This shifting mindset is evident in many of the recent strategy shifts seen among some of the world’s largest companies.

Agile and Lean Supply Chain 246

Agile and Lean Supply Chain Supply Chain Planning Software Sourcing Strategies Supply Chain Software 246

Supply Chain Shaman

NOVEMBER 15, 2021

Maersk, the world’s largest container shipping company, reported its best quarter in 117 years, posting a $5.9B Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Inventories in the chemical industry are at record lows: a forerunner of bad days ahead.

Supply Chain Design Software 278

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 278

Intelligent Audit

JULY 27, 2021

Supply and demand are two sides of the same coin, the vital coin of inventory management supply chain analytics. Without adequate inventory and supply to go along with capacity and demand, supply chain management will struggle to keep pace during peak seasons. Peak Season Inventory Management and Fulfillment Depends on Market Trends.

Inventory Reduction 52

Inventory Reduction Vendor Strategies Cost Reduction Strategies Sourcing Strategies 52

Logistics Viewpoints

FEBRUARY 28, 2023

Omnichannel is a centralized strategy that enables businesses to coordinate, streamline, simplify and speed up fulfillment of orders that have been placed through different channels (online, retail, etc.). It is making use of inventory that is the easiest/fastest to get to the customer, no matter through which channel the order was placed.

Optimal Sourcing 196

Optimal Sourcing Sourcing Strategies Inventory Reduction Vendor Strategies 196

Logistics Viewpoints

MARCH 27, 2024

From autonomous mobile robots (AMRs) to collaborative robots (cobots) to industrial robots, robots are transforming the way goods are moved, stored, picked, packed, and shipped. Robots offer many benefits for supply chain operations, such as increased efficiency, productivity, accuracy, safety, and flexibility.

Analytics Software 214

Analytics Software Predictive Analytics Software Optimization Software Supply Chain Network Software 214

Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. This guide for manufacturers explains how it works and explores the most effective ways to manage inventory in manufacturing. In this manufacturing inventory management guide What is manufacturing inventory management?

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

Logistics Viewpoints

MARCH 25, 2021

Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. Price fluctuations and sourcing issues.

Supply Chain Planning Software 309

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 309

o9 Solutions

JANUARY 19, 2022

Vikram Murth i – VP Industry Strategy, :o9 Solutions. Business challenges like sourcing from Asia with long and uncertain lead times now combine with demand uncertainty, which came to the forefront with the pandemic raging. In the second blog, we will discuss best practices in replenishment and inventory management.

Sourcing Strategies 52

Sourcing Strategies Forecasting Inventory Reduction Inventory Management Software 52

o9 Solutions

JANUARY 19, 2022

Vikram Murth i – VP Industry Strategy, :o9 Solutions. Business challenges like sourcing from Asia with long and uncertain lead times now combine with demand uncertainty, which came to the forefront with the pandemic raging. In the second blog, we will discuss best practices in replenishment and inventory management.

Sourcing Strategies 52

Sourcing Strategies Forecasting Inventory Reduction Inventory Management Software 52

Logistics Viewpoints

AUGUST 9, 2022

Just last year many were chartering their own cargo ships to get all these goods to their destinations.) While consumers may see some short-term benefit in the form of discounted goods, many retailers have had to reset investor expectations , reflecting the expected hit on margins from carrying so much inventory.

Inventory Management Software 224

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 224

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Changing Landscape of Supply Chain Executives Traditionally, supply chain executives excelled in managing functions like transportation, warehousing, inventory, and production planning but supply chain process extends beyond the firm, involving global relationships with suppliers and customers.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

ToolsGroup

NOVEMBER 4, 2022

Excess inventory – it’s taking up your warehouse space, tying up working capital, and limiting your planning team’s range of motion. It’s time to Marie Kondo your supply chain by eliminating excess inventory and learning how to avoid it in the first place. Let’s talk about: What Excess Inventory Is. What Causes Excess Inventory.

Inventory Reduction 156

Inventory Reduction Material Savings Cost Reduction Strategies Inventory 156

Kanban Logistics

MAY 25, 2022

Manufacturing professionals: Are you buying parts and other raw material inventory for your factory just to have it sit for weeks or months prior to consumption? By holding this inventory on your books, you’re doling out money for assets that won’t turn into cash any time soon. What is a VMI strategy? Think about it.

Material Savings 52

Material Savings Inventory Reduction Waste Reduction Vendor Strategies 52

ToolsGroup

OCTOBER 3, 2023

Retailers have a lot to juggle, looking to combine cost-efficiency with elevated consumer satisfaction so they can remain competitive in the current retail marketplace. The good news is retail fulfillment offers enormous opportunities for improved margins, greater efficiency, and happier customers. Perhaps reducing shipping costs?

Optimal Sourcing 156

Optimal Sourcing Optimization Software Network Optimization Price Mitigation Strategies 156

Unleashed

NOVEMBER 28, 2022

Inventory replenishment is reordering stock in the right quantities, at the right time. Too much inventory can increase costs, limit cash flow, and leave you with expired stock. In this inventory replenishment guide: What is inventory replenishment? Reducing overall freight costs.

Inventory Reduction 98

Inventory Reduction Material Savings Cost Reduction Strategies Resource Reduction 98

SCMDOJO

MARCH 19, 2024

In today’s fast-paced business landscape, having an efficient supply chain department is more important than ever. A streamlined supply chain can make a significant impact on the overall success of a business, improving operational efficiency, increasing customer satisfaction, and driving revenue growth.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

RFgen

MARCH 10, 2023

Order picking is a critical process in warehouse management that involves selecting items from inventory and assembling them into customer orders. The accuracy and speed of this process have a significant impact on warehouse efficiency, customer satisfaction, and ultimately, business profitability. My Warehouse is a Mess!

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Inventory Reduction Cost Reduction Strategies 52

Supply Chain Game Changer

MAY 4, 2021

When demand falls short of forecast you are left with too much inventory, excess capacity, under-utilized resources, and profit and cash flow pressures. By that I mean you should design and implement a Supply Chain strategy that does not care what the lead time is for any aspect of the chain.

Inventory Reduction 92

Inventory Reduction Waste Reduction Vendor Strategies Expense Reduction 92