Supply Chain Matters

JULY 7, 2023

Logistics Managers Index (LMI) that again dropped to an all-time low for June 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 percentage points in June.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Inventory Reduction Negotiate Pricing 52

GlobalTranz

JULY 13, 2015

Throughout the supply chain, the use of metrics to track and understand processes provides an invaluable resource for ensuring increased production and customer satisfaction. What Distribution Center Metrics Need Tracking? However, the most important metrics can be categorized into the following eight areas. On-Time Shipping.

Procurement Analytics 120

Procurement Analytics Metrics Distribution Inventory Reduction 120

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

Unleashed

JANUARY 31, 2023

Lean logistics is a strategy designed to optimise supply chain efficiency by cutting out waste and maximising customer value. In this guide to lean logistics: What is lean logistics? Product companies implement lean logistics to eliminate downtime in the supply chain and give customers better value.

Agile and Lean Supply Chain 98

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

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. There are five pivotal solutions and trends that are reshaping the logistics landscape.

Demand Planning Software 52

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

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

ShipBob

SEPTEMBER 24, 2021

Fast fulfillment starts with proper warehouse management , which determines how efficiently you receive, track, and store inventory in a way that gets customers orders out the door faster. But how do you know if a warehouse is performing well? In this article, learn how to track warehouse performance by monitoring the right KPIs.

Optimal Sourcing 52

Optimal Sourcing Warehousing Inventory Reduction Inventory Management Software 52

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

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

Unleashed

MARCH 31, 2021

However, when people refer to supply chains, they often use the terms ‘supply chain’ and ‘logistics’ interchangeably. The difference between supply chain and logistics. What is logistics? Logistics is a subset of the wider supply chain that controls the movement and storage of goods between nodes in the wider network.

Supply Chain Planning Software 69

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 69

Kanban Logistics

APRIL 30, 2020

Makers of all types of products turn to third-party logistics (3PL) providers to optimize warehousing and distribution operations in order to meet modern supply chain demands. A big part of most food logistics operations involves temperature and climate control. The most common warehouse temperature ranges are: Ambient.

Warehousing 52

Warehousing Food Distribution 3PL 52

GlobalTranz

NOVEMBER 12, 2015

We continue our series on strategic shipping by going into detail of the 10 main areas that shippers can turn to in order to have a strategic logistics and transportation management mindset. 6 Benefits of Using the Right Data in Logistics & Transportation Management for Continuous Improvement. Order Processing Capabilities.

Continuous Improvement 120

Continuous Improvement Data Logistics Network Optimization Software Vendor Strategies 120

SYSPRO Smarter ERP

APRIL 24, 2023

Order fulfilment refers to the process of receiving, processing, and delivering an order to a customer. An ERP system can help manage the process of sourcing items from suppliers, and on delivery at the warehouse, automate the counting and inspecting to ensure the proper amount was received and the quality is acceptable.

Optimal Sourcing 105

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Modeling 105

SYSPRO Smarter ERP

NOVEMBER 3, 2021

The SCOR (Supply Chain Operations Reference) methodology has six high-level business activities that define the supply chain – plan, source, make, deliver, return, and enable. Another methodology is the Porter’s Value Chain Framework, which comprises of inbound logistics, operations, outbound logistics, sales, and service.

Manufacturing Procurement 105

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

6 River Systems

NOVEMBER 30, 2020

Competitive advantage refers to the attributes that give an edge to a company, enabling it to outperform its competitors in the market. Logistics is a key area that can help companies gain a significant competitive advantage. A “smart warehouse” gives companies substantial competitive advantages.

Warehousing 52

Warehousing Supply Chain Software Analytics Software Price Reduction 52

SCMDOJO

FEBRUARY 20, 2023

Distribution Operations Definition Distribution Operations refers to the management and execution of the processes involved in delivering products or services to end users. It involves various activities, such as warehousing, inventory management, transportation, and logistics. Logistics KPI Dashboard Excel Template 4.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 101

Logistics Viewpoints

MARCH 27, 2023

When companies talk about improving their forecasting, they are most often referring to demand forecasting. It is important to benchmark forecast accuracy and similar supply chain metrics against your peers. This allows companies to determine if they will have the production and warehouse capacity to meet long-term demand.

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

Veridian Solutions

JULY 29, 2019

Warehouse labor management efficiency metrics reveal how well your workers perform against their responsibilities. Labor costs account for 50-70% of the average warehouse budget, reports Logistics Management. Challenges Associated with Decreased Warehouse Labor Management Efficiency. Subpar wave planning.

Warehousing 45

Warehousing Supply Chain Planning Software Inventory Reduction Supply Chain Software 45

ShipBob

DECEMBER 13, 2023

By the end of this article, you’ll gain insights into which inventory health indicators you should be monitoring, how to overcome common inventory management hurdles, and see how a third-party logistics provider like ShipBob can help. Optimized storage space: Prevents overstocking, maximizing warehouse utilization.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Inventory Management Software 52

Vinculum

JUNE 3, 2020

An overarching term, inventory management that refers to the tracking system for every phase in your product life cycle which helps you keep a detailed record of each product, new or returned as it enters or leaves the warehouse or point of sale. This automatic calculation helps you minimize your warehousing fees and save money.

Inventory Management Software 59

Inventory Management Software Forecasting Software Supply Chain Planning Software Demand Planning Software 59

ShipBob

JANUARY 28, 2022

In this article, we break down what inventory KPIs entail, why they matter, and which metrics are most valuable for you to track. . Key performance indicators (KPIs) are the quantifiable metrics companies use to gauge their progress toward a specific goal. . Not sure what those metrics are? Inventory accuracy.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

SCMDOJO

MARCH 8, 2024

Reduction of Minimum Order Quantity (MOQ): MOQ refers to the minimum quantity of a product that a supplier is willing to sell. Lead Time Reduction: Lead time refers to the time it takes for an order to be fulfilled from the moment it is placed. Optimize the process where required based on feedback and performance.

Inventory Reduction 79

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 79

Unleashed

DECEMBER 21, 2023

Warehouse management software : Warehouse management software focuses on optimising the various aspects of warehouse operations and provides tools for improving inventory visibility, space utilisation, and order processing automation. These can range from traditional warehouses to roboticised fulfilment centres.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

Unleashed

APRIL 21, 2024

Order processing refers to both the physical and digital aspects of ensuring a customer’s order is fulfilled on time and accurately. Inventory sourcing: The locations of ordered items are identified in the warehouse or distribution centre – or reordered from the supplier if no stock is available.

Inventory Management Software 52

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

Logistics Viewpoints

JUNE 26, 2023

Mr. Beery began by visiting Procter & Gamble, UPS Logistics, the devices division at Microsoft, and other companies with advanced supply chains. The second goal was to work with a fourth party logistics (4PL) partner that had invested in cutting-edge transportation management and visibility solutions.

Supply Chain Planning Software 207

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 207

Intelligent Audit

OCTOBER 27, 2022

Shippers can get a handle on their expenses by tracking freight invoices and improving their logistics strategy. . Far from a buzzword, big data analytics in logistics and supply chain management are helping companies gain insight into their current performance while optimizing future operations. Examples of Big Data in Logistics Uses.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

Elementum

FEBRUARY 7, 2024

Logistics Management: Streamlining Operations with AI In logistics, AI-driven process automation optimizes routing, fleet management, and delivery schedules, significantly reducing operational costs and improving efficiency. Common performance metrics include process completion rate and the number of automated tasks.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

ShipBob

DECEMBER 23, 2021

A Director of Fulfillment is a logistics management professional who is responsible for leading all of a company’s operations related to order processing and fulfillment. Logistics Operations Manager. 5+ years of industry experience in fulfillment, supply chain operations, or warehouse management. Strong problem-solving skills.

Supply Chain Planning Software 52

Supply Chain Planning Software Negotiating Skills Optimization Software Logistics Network Optimization Software 52

Logistics Viewpoints

NOVEMBER 30, 2020

Finally, inventory accuracy can never be as high in a store as in a warehouse. Shouldn’t logistics expenses be scaling in a way that would decrease margins? Target admits logistics costs are increasing. ” That is why warehouse automation has been a critical part of the retailer’s transformation. percent and above.

Procurement Analytics 130

Procurement Analytics Forecasting Inventory Reduction Eliminating Excel in Purchasing 130

ShipBob

AUGUST 25, 2021

In the ecommerce logistics industry , there’s been a lot of buzz on topic of last mile delivery. It’s typically the first step in order fulfillment and requires thorough supply chain planning , from understanding production lead times to developing a warehouse receiving process. What is first-mile delivery?

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Optimization Software Inventory Reduction 52

RFgen

DECEMBER 13, 2015

Managers need to reference a variety of data sources to create standards for an open position. Recently, supply chain logistic companies have gone through a hiring surge. warehouse businesses added 5,100 jobs in October, 2015. ALSO READ: Addressing Talent Acquisition in the Warehouse ». Audit Current System.

Resource Reduction 52

Resource Reduction Inventory Reduction Sourcing Strategies Price Mitigation Strategies 52

RFgen

DECEMBER 13, 2015

Managers need to reference a variety of data sources to create standards for an open position. Recently, supply chain logistic companies have gone through a hiring surge. warehouse businesses added 5,100 jobs in October, 2015. ALSO READ: Addressing Talent Acquisition in the Warehouse ». Audit Current System.

Resource Reduction 52

Resource Reduction Inventory Reduction Sourcing Strategies Price Mitigation Strategies 52

Talking Logistics

NOVEMBER 17, 2015

Do you have the right metrics? Metrics show how your supply chain is performing – providing they are the right ones to do the job. Inappropriate metrics can give a false or incomplete picture of supply chain performance. Second, what metrics are the best indicators of performance in terms of these goals?

Supply Chain Software 100

Supply Chain Software Supply Chain Optimization Supply Chain Strategy Supply Chain Network Software 100

crisp

OCTOBER 20, 2022

In this guide, we’ll show you what metrics those are, easy ways to find them, and how you can use them to accelerate your brand’s retail growth. Now that you know how to access your retail data easily and often, here are the metrics you’ll want to keep on hand: Velocity. What do voids refer to?

Procurement Analytics 98

Procurement Analytics Inventory Reduction Data Waste Reduction 98

Logistics Viewpoints

JULY 19, 2023

However, sustainability in logistics goes well beyond these initiatives. APQC conducts research on supply chain and logistics to help organizations assess the performance of their own processes and functions compared to their peers. Below are the results from the cross-industry report for environmental sustainability.

Sustainability 193

Sustainability Optimal Sourcing Logistics Material Savings 193

ShipBob

APRIL 26, 2023

The upstream supply chain refers to the flow of inventory in the pre-production stage, mostly in relation to the organization’s suppliers. Lockdowns and labor shortages undoubtedly led to supply chain bottlenecks as many warehouses had to be shut down, resulting in fulfillment and distribution processes being upended.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Planning 52

Material Handling & Logistics

DECEMBER 6, 2017

All companies need to employ a performance measurement system to organize and manage their supply chain metrics. The appropriate metrics to manage and measure the success of a company’s operation vary significantly by industry, by individual company, and by the scale of the business.

Supply Chain Performance 76

Supply Chain Performance Supply Chain How To Modeling 76