The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. Figure 2: A technology adoption roadmap for transportation and logistics companies considering generative AI.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Supply Chain Shaman

APRIL 18, 2023

The global supply chain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. As consumer spending fell, the days of escalating ocean freight and extreme shipping variability eased this year. Growing tensions between China and trading partners. Unrest in Sudan.

Supply Chain Planning Software 374

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 374

Logistics Viewpoints

JUNE 19, 2023

In dynamic slotting, goods for which there is high demand are located nearer to the shipping docks to minimize travel. It is better to receive inventory on a loading dock, take the inventory needed for a hot shot shipment, and move that inventory through the DC to a shipping dock where it is loaded on a truck. It doesn’t.

Supply Chain Design Software 237

Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software Optimization Software 237

OptiProERP

APRIL 9, 2024

Collaboration between production, procurement, and logistics teams is essential to optimize resource utilization and minimize lead times. Quality control measures are integrated at various checkpoints to ensure compliance with specifications and standards.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Inventory Management Software 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

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. Shipping Frequency, Service Routing, Delivery Time, Compensation Clause, etc.,)

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

GlobalTranz

JUNE 11, 2015

We conclude our series on supplier quality management (SQM) today with a look at some case studies and examples of benefits derived from the application of a supplier quality management system. Examples and Case Studies from the Implementation of a Supplier Quality Management System.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Design Software Quality Examples 120

Logistics Viewpoints

MAY 19, 2022

He had a load full of cotton bales, and while idling away hours at a shipyard watching stevedores load other cargo onto ships he dreamed up containers that transformed global supply chains. Containerization eventually reduced shipping and loading costs by at least 75%.

Optimal Sourcing 228

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 228

The Logistics of Logistics

OCTOBER 8, 2012

If you do not want to start at the 3PL as a contact customer with a SLA/KPIs, you can ship your goods and become a public account. Chuck specializes in Supply Chain Optimization, Third Party Logistics (3PL) and International Purchasing and Importing Consulting. Later, as you grow and gain experience, you can become a contract account.

Third Party Logistics 145

Third Party Logistics Negotiating Skills Purchasing Skills KPI 145

SCMDOJO

JULY 24, 2023

Contract Logistics is a critical aspect of the supply chain that often remains behind the scenes but plays a significant role in ensuring the efficient movement and management of goods. Read More: 6 Logistics KPIs Attributes That are Essential ] What is Contract Logistics?

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

SYSPRO Smarter ERP

APRIL 24, 2023

This process involves multiple stages, including receiving the order, getting parts and materials, manufacturing or assembling the items, picking and packing in the warehouse, shipping, and tracking the shipment to ensure successful delivery. Returns processing involves quality control checks and sorting returned products accordingly.

Optimal Sourcing 105

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Modeling 105

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

As part of the CMA CGM Group, CEVA Logistics has a global reach, which means that we can make a global difference. The logistics business, is predominantly a network business driven by our employees. Keeping that in mind, CEVA Logistics aspires to ensure the protection and professional development of our employees.

Resource Reduction 242

Resource Reduction Supply Chain Planning Software Global Supply Chain Software 242

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Another methodology is the Porter’s Value Chain Framework, which comprises of inbound logistics, operations, outbound logistics, sales, and service. Inbound Supplier Quality Levels : The quality of products produced depends heavily on the quality of products delivered by the inbound suppliers. Manufacturing KPIs.

Manufacturing Procurement 105

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

Locus

NOVEMBER 28, 2023

Returns is an integral component of logistics and supply chain management. What are Returns in logistics? Returns, in the context of logistics, is the process of moving goods from their final destination back to the manufacturer or point of origin for multiple reasons. Reasons Why Shippers Face Returns?

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Price Mitigation Strategies Reverse Logistics 52

Elementum

AUGUST 31, 2022

The supply chain management process is comprised of a number of steps, which can usually be organized into five categories: Planning and forecasting Sourcing and procurement Manufacturing Logistics Handling returns As demonstrated by the recent food supply chain issues , a failure in one area can lead to disaster.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Supply Chain Planning 78

Unleashed

APRIL 21, 2024

Once confirmed, the ordered items are picked from your inventory, sorted, packed, and shipped to the customer. While order processing ensures the accuracy and efficiency of the sale transaction, order fulfilment focuses on the logistics needed to physically deliver the product to the customer, on time and without errors.

Inventory Management Software 52

Inventory Management Software Analytics Software Supply Chain Design Software Demand Planning Software 52

GlobalTranz

JUNE 18, 2015

Needs for efficient reverse logistics systems continue to increase as e-commerce claims greater market share, and as so many traditionally functioning businesses grow and inevitably incur increasing volume of returns. This presents opportunities for developing new revenue streams, an exciting challenge to logistics professionals.

Reverse Logistics 120

Reverse Logistics Optimization Software Demand Planning Software Supply Chain Network Software 120

Precoro

NOVEMBER 13, 2023

One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. In this article, we'll explain what PPV is, why it matters, and how tracking this metric can benefit your procurement processes.

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

The Logistics & Supply Chain Management Society

APRIL 26, 2022

As of January 1, 2022, it was taking a company an average of 73 days to deliver goods to truck or rail carriers after booking with an ocean carrier and completing the cross-ocean journey, according to E2open’s Ocean Shipping Index. This is 15 days longer than the same quarter last year and an additional five days than the previous quarter.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Zipline Logistics

FEBRUARY 9, 2021

Logistics data has taken a front seat at forward-thinking CPG brands due to its ability to drive impactful and profitability-focused decisions in all facets of the supply chain. Its place in logistics decision making has become critical and can help your organization find the right route, carrier, and receiving location for retail orders.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Performance Supply Chain Planning Software Cost Reduction Strategies 52

SCMDOJO

JUNE 14, 2023

Implement a Quality Control Process Implementing a quality control process can help ensure that all shipments meet your company’s standards and requirements. Implement Performance Metrics Implementing performance metrics can help you track the efficiency and effectiveness of your “money zone” and identify areas for improvement.

Supply Chain Optimization 92

Supply Chain Optimization Supply Chain Planning Software Supply Chain Planning Supply Chain Software 92

Intelligent Audit

OCTOBER 27, 2022

One solution is to turn to big shipping data. Shippers can get a handle on their expenses by tracking freight invoices and improving their logistics strategy. . What is Big Data in Logistics & Supply Chain Management? Examples of Big Data in Logistics Uses. We’ll explain each in a little more detail below.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

Intelligent Audit

SEPTEMBER 30, 2021

The GRI shipping term refers to the usual increase in fees that are applied to container shipping rates. To help your company keep total costs in check, this blog will dig into the fundamentals behind GRI shipping increases, what a GRI surcharge is and a few other things to know. What GRI Stands for in Shipping.

Shipping 52

Shipping Expense Reduction Cost Reduction Strategies Resource Reduction 52

Supply Chain Game Changer

NOVEMBER 3, 2022

This tool allows you to exchange electronic documents like orders, invoices, and shipping notices via an electronic data network (EDN). This systematic approach helps organizations ensure that they’re receiving high-quality materials at a reasonable price from their vendors. Procurement Management.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Software Negotiate Pricing Negotiating Skills 115

Unleashed

APRIL 11, 2024

That’s why AOV is an essential metric to improve. Consider offering volume discounts and free shipping incentives to lift AOV. Seaweed is an emerging industry in New Zealand, so finding local seaweeds at food grade quality is an ongoing challenge.” Other tactics include upsell, cross-sell, and product bundling.

Waste Reduction 52

Waste Reduction Price Reduction Inventory Reduction Cost Reduction Strategies 52

Unleashed

FEBRUARY 21, 2024

It covers every aspect of dealing with customer returns, including policy management, reverse logistics, customer service, returned goods inventory management , and developing strategies to reduce return rates. Returns management vs. reverse logistics Returns management refers to managing the entire returns process.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Cost Reduction Strategies Material Savings 52

Zipline Logistics

SEPTEMBER 21, 2021

Sam’s Club launched its OTIF program in the spring of 2018, following the logistics compliance precedent set by Walmart. These are report cards that grade suppliers on quality and performance, looking at common metrics like on-time delivery, inventory management, missed shipments, lead time, costs, etc.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Inventory Reduction Sourcing Strategies 52

Unleashed

AUGUST 20, 2023

Lead time includes both the time it takes to complete the standard process tasks and any delays that might occur due to various factors, such as supply chain disruptions, machine downtime, or unexpected quality issues. It’s a valuable metric for identifying bottlenecks, improving efficiency, and optimising specific operational steps.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

ThroughPut

DECEMBER 3, 2019

Most importantly for ThroughPut, manufacturing and logistics operations in the industrial world are about to pick back up until Christmas. The number of jobs, defects, cash conversion cycle, and output targets from operations were flipped to other metrics to hit for investment into ThroughPut. Entrepreneurship was and is no different.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Quality Manufacturing 52

Supply Chain Cowboy

MARCH 1, 2015

But is your scorecard missing key metrics? It includes a free Excel template that you can modify to match exactly what metrics you want to measure. While some of these metrics might not apply to your business model, there’s definitely a few to add if they measure something important to you and your customers. Communication.

Vendor Strategies 40

Vendor Strategies Metrics Price Reduction Expense Reduction 40

CH Robinson Transportfolio

JULY 10, 2017

Robinson Green Bay office, customers will ask us how they can improve the odds that their logistics outsource will be a success. Over the 15 years this office has been open, I have developed expertise in how to best outsource businesses’ logistics. 5 Strategies for a Successful Logistics Outsource. Not all risk is equal.

Cost Reduction Strategies 34

Cost Reduction Strategies Resource Reduction Supply Chain Strategy Logistics Network Optimization Software 34

SCMDOJO

JUNE 14, 2023

Thankfully, outsourcing logistics services to a reliable third-party logistics provider (3PL) can make a significant difference. As a result, businesses can optimize their logistics processes using Orchestration and save time and resources. With the complexity and challenges involved, many businesses find themselves overwhelmed.

3PL 77

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

Elementum

AUGUST 3, 2022

A plan and a set of metrics are developed to monitor and assess all activities. At this point, companies must find reliable suppliers and different methods for other functions, such as shipping, delivery and payment. Development After planning, the next step is the development of products or services.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Planning 78

GlobalTranz

OCTOBER 27, 2015

Today we continue our series on successfully working with a logistics company, often called a third party logistics company by focusing on how to properly understand the success of the engagement by knowing all the key performance indicators that a shipper could put in place. This starts with deploying the S.M.A.R.T.

Six Sigma 120

Six Sigma Logistics Network Optimization Software KPI Company 120

Talking Logistics

JANUARY 16, 2019

Those are some of the questions I posed to Gary Barraco, Director of Global Product Marketing at Amber Road , in a recent episode of Talking Logistics. There is much more involved now than the perfect order metric.”. Shipping times have gone from weeks to days [and eventually hours],” he says. What role is technology playing?

Supply Chain Execution 101

Supply Chain Execution Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software 101

Logistics Bureau

AUGUST 2, 2021

On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance. You don’t necessarily need to use all the following metrics in your procurement department. 7 Procurement KPIs You Should be Using.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

Locus

OCTOBER 17, 2023

Dispatchers in logistics have much to learn from the modern NFL scouts and how they operate. These metrics prove to be an early indicator of the future success of NFL players. Similarly, a logistics business must invest in a high-end control tower system. Read Also: How to Manage Your Logistics during the Peak Seasons in the US?

Cost Reduction Strategies 52

Cost Reduction Strategies Analytics Software Price Mitigation Strategies Supply Chain Planning Software 52