Arena Solutions

APRIL 4, 2023

The global manufacturing sector has seen an upswing, a technological renaissance of sorts. Since the start of 2012, more people graduating from college and universities are entering the engineering/manufacturing fields. The manufacturing sector has been severely impacted by this trend because production jobs are highly technical.

Manufacturing Procurement 74

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 74

GlobalTranz

FEBRUARY 16, 2017

A Quick Recap of Recent Trends in Manufacturing Technology to Think About 2017. Although apps and smart devices will make an impact in manufacturing technologies this year, a few other recent trends in manufacturing technology will dramatically redefine industry standards. Green Manufacturing Will Replace Existing Methodologies.

Manufacturing Procurement 245

Manufacturing Procurement Inventory Management Software Supply Chain Design Software Continuous Improvement 245

GlobalTranz

DECEMBER 18, 2014

All metal fabricators realize that they have to do some analyses before the company purchases equipmen t or hires new people, but now there seems to be a new intensity about the process. Now is the Time for Manufacturing to Look at Logistics Efficiency. The keyword here is fast.

Manufacturing Procurement 236

Manufacturing Procurement Manufacturing Purchasing Skills Sourcing Strategies 236

GlobalTranz

APRIL 25, 2016

Sure, supply chain cost reduction is important in reducing the cost of goods sold (COGS) and increasing profit, but there are other measurements which should not be forgotten. 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. 10 Soft Metric Considerations in Measuring Supply Chain Performance.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Logistics Viewpoints

JULY 15, 2021

billion in 2020, the cold chain market is expected to reach more than $628 billion in 2028, nearly tripling its growth in less than ten years, according to a market analysis report by Grand View Research. In the Philippines, there is another ongoing shift in food purchasing habits. Valued at nearly $210.49

Logistics Network Optimization Software 261

Logistics Network Optimization Software Third Party Logistics Demand Planning Software Logistics 261

ThroughPut

MAY 5, 2020

Supply chain costs are defined as costs that constitute a considerable percentage of the total sales price of a product or service. Manufacturers usually define supply chain costs using the total cost of ownership. To this, they add the additional costs incurred before or after the product or service delivery.

Cost Reduction Strategies 64

Cost Reduction Strategies Manufacturing Procurement Inventory Reduction Negotiating Skills 64

GlobalTranz

AUGUST 28, 2018

Using a combined blockchain and reverse logistics strategy can help alleviate these costs, and supply chain executives need to understand a few things about it Reverse Logistics Carry High Risk in Supply Chain Management Risk within reverse logistics is higher than that and forward logistics.

Reverse Logistics 121

Reverse Logistics Cost Reduction Strategies Logistics Network Optimization Software Purchasing Skills 121

New Horizon Supply Chain Blog

AUGUST 1, 2022

Supply planners routinely plan purchasing, manufacturing, and outbound shipments based on detailed parameters relating to inventory levels, purchasing lead times, and manufacturing capacity. Costs have increased about 60% since before the pandemic. Source: Data from the Federal Reserve Board of St.

Optimal Sourcing 52

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

ThroughPut

MAY 5, 2020

Supply chain costs are defined as costs that constitute a considerable percentage of the total sales price of a product or service. Manufacturers usually define supply chain costs using the total cost of ownership. To this, they add the additional costs incurred before or after the product or service delivery.

Cost Reduction Strategies 52

Cost Reduction Strategies Manufacturing Procurement Inventory Reduction Negotiating Skills 52

ThroughPut

MAY 5, 2020

Supply chain costs are defined as costs that constitute a considerable percentage of the total sales price of a product or service. Manufacturers usually define supply chain costs using the total cost of ownership. To this, they add the additional costs incurred before or after the product or service delivery.

Cost Reduction Strategies 52

Cost Reduction Strategies Manufacturing Procurement Inventory Reduction Negotiating Skills 52

Unleashed

AUGUST 29, 2023

It helps companies track and manage inventory items, customer orders, and inbound deliveries to bring costs down and improve overall efficiency. In manufacturing, inventory management software is also used to track parts, raw materials, and production documents – such as a bill of materials and work orders – through the supply chain.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Forecasting Software Supply Chain Design Software 52

GlobalTranz

MAY 18, 2018

Meanwhile, more companies are turning to entities outside of the company, like third-party logistics or integrators (3PLs and 3PIs) to manage omnichannel supply chains , reports Maarten Baltussen of Supply Chain Digital. If only online shopping is used, shipping options may include B or D.

Supply Chain Design Software 138

Supply Chain Design Software Supply Chain Software Omnichannel Analytics Software 138

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. The company will henceforth outsource the manufacturing of its stationary exercise bikes and treadmills to a Taiwan based contract manufacturer. Sourcing was both a cost as well as landed cost decision factor.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

Unleashed

OCTOBER 30, 2023

Ecommerce consumers want fast, accurate deliveries and a transparent purchasing process. In this guide, we break down the WooCommerce order fulfilment process and how it works, with actionable tips for optimising your fulfilment strategy to bring costs down and boost productivity.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Procurement Solutions Material Savings 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

Unleashed

MARCH 5, 2024

Automation has many uses in eCommerce, including for: Supply chain management Inventory management Order processing Shipping Customer service Email marketing Advertising Benefits of eCommerce automation The main benefits of eCommerce automation are that it saves you time and money, improves data accuracy, and lifts productivity.

Supply Chain Software 52

Supply Chain Software Procurement Solutions Examples Inventory Management Software 52

ShipBob

JUNE 18, 2023

Tracking beginning inventory is important for businesses so they can manage stock levels, manage on-hand inventory, and make informed decisions about purchasing more inventory. Beginning inventory looks different for manufacturers and for retailers. These issues may include theft, damage, mismanagement, or reporting inaccuracy.

Inventory 98

Inventory Purchasing Skills Manufacturing Procurement How To 98

Enterra Insights

OCTOBER 26, 2021

In the age of e-commerce, the digital path to purchase has a side trail called “Returns.” ” Journalist Suzanne Kapner reports, “The share of online purchases that are returned averages 30% or higher, depending on the category, three times the rate in physical stores.”[1] ”[4]. to return fraud. ”[7].

Waste Reduction 130

Waste Reduction Reverse Logistics Inventory Reduction Cost Reduction Strategies 130

GlobalTranz

JANUARY 7, 2015

However, with most of our customer base in the manufacturing field, with the remaining in distribution and other industries, we thought it was vital that we featured some of the other manufacturing blog posts that were also popular in 2014. They are a logistics solutions company, why not ONLY write about logistics?”

Manufacturing Procurement 120

Manufacturing Procurement Manufacturing Purchasing Skills Sourcing Strategies 120

Unleashed

JUNE 23, 2021

More widespread third-party logistics. Inventory analytics goes mainstream. For manufacturers and other organisations looking to improve their inventory management processes, cloud technology represents a major opportunity – especially when it comes to remote working. Accurately plotting costs based on live data.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

GlobalTranz

AUGUST 1, 2018

Although it may seem counterintuitive for a third-party logistics provider (3PL), like Cerasis, to trumpet such prospects, the resounding impact will drive greater efficiencies in supply chains. As explained by Joe McKendrick of Forbes , the power of blockchain derives from its impact of removing intermediaries.

Supply Chain Planning Software 121

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Pharmaceutical 121

Unleashed

JULY 25, 2023

It’s a vital inventory accounting metric for monitoring sales and managing perishable goods – without it, your business will struggle to operate efficiently and could start losing money fast. Inventory turnover period The inventory turnover period is the time taken from when you purchase inventory until the time those goods are sold.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

Enterra Insights

OCTOBER 3, 2022

They report, “Retailers and customers are not feeling joyful after a year of supply chain backlogs and higher costs.”[1] Instead of starting their holiday shipping in September or in August, many of them stocked up their inventories in June and July.” ” • Identify alternate sources of supply.

Material Savings 130

Material Savings Inventory Reduction Retail Supply Chain Planning Software 130

ShipBob

JANUARY 8, 2021

Today, the scenario is quite different as 73% of B2B buyers are millennials who prefer the convenience of purchasing bulk orders online. B2B orders are often purchased less often, sold in bulk, and shipped via freight (or parcel for smaller orders). B2B orders are often repeat purchases done in bulk and ordered less frequently.

Inventory Management Software 96

Inventory Management Software Supply Chain Design Software Optimization Software Logistics Network Optimization Software 96

Unleashed

APRIL 12, 2023

For wholesalers and manufacturers, the sheer size of customer orders can make B2B fulfillment a serious challenge: Product volumes directly impact storage and management costs, and increase the damage done whenever mistakes are made. Conversely, B2C order fulfillment offers rapid, low-cost, and often free, shipping.

Supply Chain Planning Software 52

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

GlobalTranz

JANUARY 28, 2019

Logistics consolidation will have a resounding effect on the industry in 2019. Logistics consolidation is a fancy way of describing the transition of shipping modes to accommodate available capacity. The Move to LTL Digital Shipping. How New LTL Technologies & Processes are Changing the Shipping Game.

Logistics Network Optimization Software 140

Logistics Network Optimization Software Material Savings Logistics Trends 140

Supply Chain Matters

JUNE 21, 2022

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. This report provides a snapshot of the U.S. For 2021, U.S. percent to $1.85

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

Enterra Insights

APRIL 6, 2021

That’s where forecasting and predictive analytics come into play. Predictive analytics involve techniques like data mining and machine learning to predict future trends from past and current data. You might be asking yourself: What is the difference between traditional forecasting and predictive analytics?

Predictive Analytics Software 113

Predictive Analytics Software Predictive Analytics Analytics Software Modeling Software 113

Supply Chain Matters

JUNE 23, 2023

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 34th Annual State of Logistics Report to organization members and the industry as a whole. Background As our readership is likely aware, this report provides a snapshot of the U.S.

Procurement Analytics 40

Procurement Analytics Report Negotiating Skills Purchasing Skills 40

Logistics Bureau

APRIL 3, 2023

To date, most of our content has covered topics related either to logistics or manufacturing outsourcing. Meanwhile, countries in Southeast Asia, such as Vietnam and Cambodia, are enjoying growth as offshore manufacturing centres.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

Supply Chain Game Changer

MARCH 14, 2022

For example, if your business is dependent on getting merchandise from point A to point B as quickly as possible, then you’ll want to ensure that employees are spending their time effectively with activities such as shipping. Supply Planning & Sourcing Analytics. Strategic Sourcing & Vendor Managed Inventory.

Course 115

Course Supply Chain Planning Software Agile and Lean Supply Chain Vendor Strategies 115

Intelligent Audit

JANUARY 18, 2022

Actionable analytics and meaningful logistics intelligence are essential elements in freight. Actionable analytics gather large volumes of data and interpret it in a meaningful way, translating it into effective business strategies. What’s Happening: Shipping Disruptions Continue. Freight shipping costs are climbing.

Analytics Software 52

Analytics Software Supply Chain Planning Software Supply Chain Design Software Procurement Analytics 52

Turvo

MARCH 1, 2022

Worldwide third-party logistics (3PL) has emerged as a viable option for meeting global distribution demands. It is a new shipper-carrier collaboration approach to enhance supply chain visibility, reducing transit times, and inventory-carrying costs for retailers and suppliers while improving carrier asset utilization levels. .

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Inventory Reduction Expense Reduction 70

Logistics Bureau

SEPTEMBER 28, 2020

SUMMARY: Because 4PL providers handle a company’s entire chain, including challenges that are thrown up by advances in technology, they are increasingly being favoured over third-party logistics (3PL) providers, especially by big companies with complex supply chains. the digitisation of manufacturing. What is 3PL?

Logistics Network Optimization Software 96

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Company 96

Unleashed

OCTOBER 25, 2023

A direct-to-consumer (D2C) strategy offers a powerful way to gain complete control over your supply chain – from manufacturing and sourcing to marketing, sales, and distribution. But to take advantage of this unique business model, you need to know how it works. B2C vs D2C: What’s the difference?

Purchasing Skills 52

Purchasing Skills Manufacturing Procurement Price Reduction Inventory Reduction 52

GlobalTranz

JUNE 2, 2016

The 3PL gets to know the shippers'/customers' engineers, manufacturing or supply chain experts in the supplin order to eliminate points of failure down the road. This paradigm shift to an embedded 3PL relationship or supplier model requires significant changes in thinking, behavior, culture, and compensation. What’s In It For Me?).

3PL 120

3PL Manufacturing Procurement Optimal Sourcing Resource Reduction 120

GlobalTranz

JULY 10, 2015

On June 23, 2015, the Council of Supply Chain Management Professionals ( CSCMP ) released the “State of Logistics Report,” which happens to be in its 26 th year. For members of the CSCMP , the cost of the report is free, but it stands out at $295.00 Growth in Logistics. for everyone else. percent last year.

Procurement Analytics 120

Procurement Analytics Report Logistics Cost Reduction Strategies 120