Supply Chain Matters

OCTOBER 12, 2022

contraction threshold which is noted as the first time this has occurred since the depths of the global pandemic in 2020. contraction threshold which is noted as the first time this has occurred since the depths of the global pandemic in 2020. This is a significant milestone for ongoing planning and execution strategies.

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

Unleashed

OCTOBER 6, 2021

Here we explain how you can do this with 16 cost reduction strategies in inventory management?that It may also be useful to use KPIs for your most important suppliers – for example KPIs for goods and services are delivered, whether they are on time, and whether they meet quality expectations.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Locus

MAY 20, 2024

OTIF – On-Time In-Full On-Time In-Full (OTIF) is a key logistics metric that evaluates whether shipments are delivered completely and on schedule. OTIF – On-Time In-Full On-Time In-Full (OTIF) is a key logistics metric that evaluates whether shipments are delivered completely and on schedule.

Logistics Network Optimization Software 98

Logistics Network Optimization Software Inventory Reduction Cost Reduction Strategies Retail 98

SCMDOJO

MARCH 19, 2024

In essence, a structured supply chain department as described in the blog can help you deliver the right supply chain strategy and goals which helps cost reduction, improve customer service, on-time delivery, and better working capital. But how exactly can businesses achieve this level of efficiency?

Optimal Sourcing 77

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 77

Talking Logistics

SEPTEMBER 12, 2017

Once you hit your monthly warehouse goals, there can be a pull toward maintaining rather than gaining on your goals. The four key methods here will help you drive more success as you bring the metrics to life on your warehouse floor: 1. A sense of complacency can lurk behind benchmarks.

Metrics 105

Metrics Supply Chain Planning Software Supply Chain Software Supply Chain Planning 105

Unleashed

FEBRUARY 12, 2023

To stay on top of your financials, there are a few key cash flow metrics and KPIs you can track that will help you make the right decisions and avoid insolvency or liquidation. Learn more: Inventory Accounting: A Video Guide for Accountants & Advisors What are cash flow metrics? Why is it important to track cash flow metrics?

Procurement Analytics 52

Procurement Analytics Metrics Expense Reduction Inventory Reduction 52

ShipBob

FEBRUARY 3, 2023

As a retailer, so much of your time and energy goes into managing your inventory , streamlining your logistics, building partnerships, and curating the customer experience. By monitoring particular metrics over time across your online sales, in-store sales, and operations, you’ll gain quantitative insights into your business performance.

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

Logistics Viewpoints

OCTOBER 26, 2023

That’s why I value the time I get with CIOs every bit as much as I value time with CFOs, CSCOs and supply chain professionals of every stripe. We’re just not meeting customer expectations. So why are so many still falling short of OTIF targets (and other key metrics)? What does that look like? Let’s go back to OTIF.

Supply Chain Planning Software 201

Supply Chain Planning Software Real-time Visibility Supply Chain Design Software Supply Chain Planning 201

GlobalTranz

SEPTEMBER 23, 2021

Fewer labor resources are available to meet the rising demand in both the warehouse and in transit. ? Talent shortages, especially limited drivers, will exacerbate the capacity crunch and result in shortages across warehousing and transportation simultaneously.? . Capacity Constraints Continue to Arise. That’s an astonishing $933.30

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Supplier On-time Delivery : To achieve their supply chain objectives, manufacturers must have suppliers who are at least as efficient as they are, but preferably more efficient. This is usually accomplished by using statistical sampling of all incoming materials that can produce charts to show the quality trends over time.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

Logistics Viewpoints

DECEMBER 7, 2021

Just two days before Thanksgiving, FreightWaves reported an “all-time-high 93 ships” were waiting there. Carrier capacity management strategies ease the crunch. Proactive shippers have used multi-carrier parcel shipping technologies and strategies to navigate rising carrier costs for years. They face higher costs.

Capacity 192

Capacity Price Reduction Cost Reduction Strategies Inventory Reduction 192

ThroughPut

MARCH 27, 2024

Real-time visibility was lacking, be it in warehousing or transportation, due to which delivery delays were common. Besides, AI is helping retailers optimize inventory, warehouse and pricing. It can also suggest alternate routes and strategies to retailers to maintain uninterrupted and smooth operations.

Case Study 52

Case Study Waste Reduction Inventory Reduction Price Reduction 52

ShipBob

MAY 7, 2021

Signing a lease for your first warehouse provides an opportunity to build your retail fulfillment engine from scratch. Just like furnishing a new home, renting a warehouse takes time and planning to make the most of the space to meet your logistics operations needs. Setting up and designing your warehouse layout.

Supply Chain Design Software 52

Supply Chain Design Software Warehousing Supply Chain Design Inventory Reduction 52

BlueYonder

APRIL 9, 2024

And, in recent times, this has made the critical notion of sustainability an equally vast challenge. The success of Carlsberg’s overall sustainability strategy will largely be driven by optimizing this transportation process. Nearly all strategies put forward by organizations, including Carlsberg, come with a 2030 or 2040 asterisk.

Optimal Sourcing 101

Optimal Sourcing Sustainability Material Savings Waste Reduction 101

ModusLink Corporation

SEPTEMBER 7, 2023

This includes optimizing processes, managing supplier relationships, and ensuring timely and efficient delivery to meet customer demand. JIT Inventory Excellence: Just-in-Time (JIT) inventory management methodology, backed by robust supplier relationships, helps large tech companies achieve operational excellence.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

This includes optimizing processes, managing supplier relationships, and ensuring timely and efficient delivery to meet customer demand. JIT Inventory Excellence: Just-in-Time (JIT) inventory management methodology, backed by robust supplier relationships, helps large tech companies achieve operational excellence.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

This includes optimizing processes, managing supplier relationships, and ensuring timely and efficient delivery to meet customer demand. JIT Inventory Excellence: Just-in-Time (JIT) inventory management methodology, backed by robust supplier relationships, helps large tech companies achieve operational excellence.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

Logistics Viewpoints

AUGUST 7, 2023

Supply Planning Implementations are Just Harder The previous SCP implementation had not gone well. If you are implementing a warehouse management system, for example, you scan something, you put it away, you store items, you replenish, you build pallets. Teams will then revert back to their former tools, often times using Excel.

Supply Chain Planning Software 176

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Modeling Software 176

SCMDOJO

APRIL 9, 2024

With IoT, real-time monitoring capabilities, and telematics, this becomes easier to put in motion, with technology taking care of the end-to-end process with speed and accuracy like never before. Real-Time Monitoring Monitoring the flow of goods has reached unprecedented heights in terms of expediency, timeliness, accuracy, and speed.

Supply Chain Design Software 79

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Design 79

Logistics Bureau

FEBRUARY 6, 2023

Who would have thought that measuring the performance of supply chain processes like warehousing, procurement, or logistics could be so troublesome? Well, we know a few supply chain managers who, having made some of the mistakes covered by this article, would attest to the potential for difficulty. Therefore, you can’t improve them.

KPI 83

KPI Supply Chain Strategy Supply Chain Software Supply Chain Design Software 83

Stord

MAY 15, 2024

Customer satisfaction hinges on more than just the quality of the products purchased; it's also deeply influenced by the efficiency and reliability of the delivery process. The Dwell Time Dilemma “If you’re not measuring it, you’re not managing it.” In e-commerce, every second counts.

Logistics Network Optimization Software 78

Logistics Network Optimization Software Sourcing Strategies Logistics Supply Chain Design Software 78

Supply Chain Shaman

AUGUST 11, 2016

I want to understand why some companies outperform on the Supply Chain Metrics That Matter while others do not. A tough time for all. However, it gave me some great time to think. About twice a month, companies ask me to review their strategy documents. ” Today I am flying to see the leadership team at Cummins Inc.

Cost Reduction Strategies 150

Cost Reduction Strategies Inventory Reduction Price Reduction Supply Chain Strategy 150

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

From just being environmentally friendly, it has become a holistic framework that encompasses the environment, social and corporate governance. Over the last decade, the idea of corporate social responsibility (CSR) has greatly evolved. The logistics business, is predominantly a network business driven by our employees. Photo Credit: L’Oréal.

Resource Reduction 242

Resource Reduction Supply Chain Planning Software Global Supply Chain Software 242

SYSPRO Smarter ERP

MARCH 28, 2024

It is a modern business strategy that lets company staff make decisions based on facts instead of biases. Data maturity is not just about collecting data, companies already do that in many systems. Optimizing warehouse layout for better picking and storage efficiency. Lead times for receiving raw materials.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Optimization Software Optimal Sourcing 52

Unleashed

JANUARY 31, 2023

Lean logistics is a strategy designed to optimise supply chain efficiency by cutting out waste and maximising customer value. Specifying the value to provide customers will give you grounds for determining which of your supply chain processes are effective and which are a waste of time and resources.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Waste Reduction Inventory Reduction Cost Reduction Strategies 98

Logistics Viewpoints

SEPTEMBER 19, 2022

In 2021, more than $25 billion was invested in supply chain companies in just the first three quarters of the year. Mr. Welty founded a company that sold warehouse management systems (WMS) called AllPoints Systems in 1987. We just needed the robots to satisfy the demand. Bruce Welty, Founder of the Unicorn Locus Robotics.

Modeling Software 204

Modeling Software Supply Chain Planning Software Logistics Network Optimization Software Demand Planning Software 204

Unleashed

APRIL 9, 2024

To measure how effective a company is at delivering complete orders on time, you can use the aptly named On Time in Full (OTIF) metric. What is On Time in Full? OTIF meaning On Time in Full (OTIF) is a supply chain management metric that tracks a supplier’s ability to meet delivery promises.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Waste Reduction Cost Reduction Strategies 52

ThroughPut

MAY 3, 2024

It’s no longer just about getting goods from A to B; it’s become a vital piece of the supply chain puzzle. 77% of the world’s largest ports are still facing backlogs, and that doesn’t just affect your logistics efficiency and costs, it impacts your entire supply chain and business. We’ve all been witness to this!

Procurement Solutions 52

Procurement Solutions Logistics Network Optimization Software Supply Chain Planning Software Prescriptive Analytics Software 52

SCMDOJO

APRIL 11, 2023

It covers the basics of procurement, including procurement strategies, contract management, and supplier selection. If you’re a supply chain management professional, you’re probably aware of how important it is to continuously improve your skills and knowledge in this field. Ratings of each course will also be included.

Supply Chain Design Software 114

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 114

ShipBob

NOVEMBER 24, 2023

It’s a strategy that categorizes inventory based on factors like demand patterns, lead time, value, and more. Although inventory segmentation may not be on the radar of many ecommerce businesses, it’s a key component to achieving an optimized warehouse. This is where inventory segmentation can help.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Sourcing Strategies Inventory Management Software 52

ShipBob

DECEMBER 13, 2023

You might say, “I’ll just order plenty of inventory and wait until it sells out.” In this scenario, you face the risk of stockouts, which can be just as detrimental to your business as overstocking. In this scenario, you face the risk of stockouts, which can be just as detrimental to your business as overstocking.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Inventory Management Software 52

ShipBob

OCTOBER 4, 2023

It involves closely tracking your inventory levels to replenish your stock at the right time and maintain inventory accuracy. You’ll also learn some effective strategies on how to reduce inventory levels to save costs. However, it isn’t just simply removing excess stock across the board.

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Strategies Expense Reduction 52

6 River Systems

OCTOBER 14, 2022

In a lot of ways, your fulfillment strategy, and the way you execute that strategy, is the sum total of your customer experience. In a lot of ways, your fulfillment strategy, and the way you execute that strategy, is the sum total of your customer experience. Warehousing. The three main types of fulfillment.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Material Savings 52

Locus Robotics

JANUARY 2, 2024

By Inés Alcántara, Senior Sales Engineer In an era marked by unpredictability and technological advancements, understanding and adapting to the changing demands of logistics is not just an option, but a necessity for success. This concern for environmental sustainability will continue to be relevant within the warehouse.

Demand Planning Software 52

Demand Planning Software Logistics Network Optimization Software Supply Chain Software Analytics Software 52

Supply Chain Shaman

DECEMBER 23, 2014

In 2014, ecommerce strategies grew in importance. At that time, manufacturers talked about customer-centric supply chains, but were afraid to aggressively adopt ecommerce strategies. Manufacturers, today, are aggressively pursuing e-commerce strategies. Get Good at Having a Real-time Perpetual Inventory Signal.

Packaging 296

Packaging Inventory Reduction Supply Chain Design Software San Francisco 296

Locus Robotics

JANUARY 2, 2024

Home January 02, 2024 5 Ways to Cope with Changing Logistics Demand in 2024 Inés Alcántara , Senior Sales Engineer In an era marked by unpredictability and technological advancements, understanding and adapting to the changing demands of logistics is not just an option, but a necessity for success.

Demand Planning Software 52

Demand Planning Software Logistics Network Optimization Software Supply Chain Software Analytics Software 52

GlobalTranz

OCTOBER 19, 2017

The days of re-slotting and warehouse at the time of its creation have ended. Today, warehouse managers face an endless battle with a growing number of products and limited storage capacity, and among distribution center managers, the challenge of warehouse slotting is even more difficult.

Optimization Software 137

Optimization Software Inventory Reduction Cost Reduction Strategies Material Savings 137