SCMDOJO

AUGUST 4, 2023

If so, then it’s time to consider the numerous benefits of reducing inventory. In this article, we’ll explore seven compelling reasons why you should reduce inventory and how it can be a game-changer for your business. But when should you consider reducing inventory? The same applies to inventory reduction.

Inventory Reduction 90

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 90

Unleashed

JANUARY 31, 2023

Lean logistics is a strategy designed to optimise supply chain efficiency by cutting out waste and maximising customer value. Lean logistics is a method of supply chain optimisation that focuses on eliminating wasteful activities from all checkpoints along the supply chain and increasing value for the customer.

Agile and Lean Supply Chain 98

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

Supply Chain Shaman

APRIL 16, 2024

Supply Chain Insights Training, 2024 The Opportunity Based on my research, I believe there is an opportunity to reduce the number of planning roles by 80-85%. I likened the journey to eliminating the secretarial pool in the office in the 1980s. Mapping Demand Streams The next step is to align supply strategies with demand streams.

Supply Chain Planning Software 217

Supply Chain Planning Software Supply Chain Design Software How To Inventory Reduction 217

E2open

JANUARY 19, 2023

Latest report highlights how lessened demand for goods from Asia has continued to reduce port congestion, resulting in an average eight-day decrease in total time from booking to receipt compared to the year-ago period. There was also a notable reduction in the booking-to-gate time for shipments out of Asia.

Logistics Network Optimization Software 148

Logistics Network Optimization Software Supply Chain Network Software Predictive Analytics Software Demand Planning Software 148

Supply Chain Game Changer

APRIL 21, 2020

A “Don’t Touch” Strategy will Dramatically Lean out your Supply Chain! The overarching strategy for limiting exposure to, and spreading of, the Coronavirus is that of Social Distancing. One approach is to develop and deploy Don’t Touch Supply Chain strategies! Subscribe Here! Email Address.

Waste Reduction 91

Waste Reduction Inventory Reduction Cost Reduction Strategies Material Savings 91

Supply Chain Game Changer

SEPTEMBER 23, 2022

These centers include areas to receive the items, ensure package efficiency, and store, ship, and audit supplies which is why you want to optimize your Distribution Center. This article provides seven effective strategies to optimize your distribution center. Change Distribution Center Layout. Adopt Vertical Racking System.

Inventory Reduction 52

Inventory Reduction Waste Reduction Expense Reduction Cost Reduction Strategies 52

GlobalTranz

FEBRUARY 17, 2016

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. In the first part I put forth 6 areas of focus in order to reduce logistics costs. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

The Logistics & Supply Chain Management Society

JULY 14, 2021

International Airports and Ports almost came to a standstill as the worlds international airline fleets were grounded and maritime shipping disrupted and stalled. The pandemic exposed major supply chain vulnerabilities affecting the Manufacturing, Industrial Logistics , Commercial sectors as well as Food Security challenges.

Supply Chain Planning Software 246

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Pharmaceutical 246

Unleashed

JANUARY 3, 2023

As a manufacturer, a lot of businesses and customers rely on you to get things done on time. So, let’s break down how to improve cash flow in a manufacturing business and look at the various cash flow challenges faced by manufacturers around the world. But first you have to get in the green.

Manufacturing Procurement 96

Manufacturing Procurement Material Savings Expense Reduction Inventory Reduction 96

SYSPRO Smarter ERP

OCTOBER 9, 2023

The Asia-Pacific region has one of the largest number of fabricated metals manufacturers in the world. Many governments are also offering incentives for manufacturers to invest in energy-efficient solutions. Manufacturers are also increasing automation on the shop floor, partly due to a shortage of skilled labor.

Manufacturing Procurement 111

Manufacturing Procurement Cost Reduction Strategies Purchasing Skills Quality 111

crisp

OCTOBER 3, 2023

We’re providing insight on the retail trends surrounding the 2023 holiday season, and how businesses can leverage data-driven strategies to meet them head-on. What sets today’s most successful retail media strategies apart is the integration of real-time inventory and sales data.

Waste Reduction 52

Waste Reduction Inventory Reduction Vendor Strategies Resource Reduction 52

Logistics Viewpoints

FEBRUARY 17, 2023

The initiative involves placing RFID tags on packages and wearable devices on employees to eliminate manual scans, reduce misloads, and accelerate parcel throughput in the delivery giant’s warehouses. The average contract cost of shipping a container from China to the U.S. One hundred UPS facilities are currently participating.

Logistics Network Optimization Software 202

Logistics Network Optimization Software Waste Reduction Cost Reduction Strategies Resource Reduction 202

Unleashed

JUNE 22, 2022

It’s been a long two years for manufacturing and logistics businesses at the sharp end of rapidly-changing global events. Some moved from just-in-time to just-in-case, even if this meant more cash tied up in inventory and a higher risk of waste. Biggest reduction in lead times since the height of the pandemic.

Inventory Reduction 98

Inventory Reduction Waste Reduction Price Reduction Material Savings 98

ToolsGroup

NOVEMBER 23, 2021

As we head into the holiday season, supply delays, logistics constraints and inflation are looming over shoppers and retailers—and the manufacturers and distributors who keep them in supply. 7 practical strategies to minimize risk and manage supply chain shortages. Shipping providers also slashed capacities.

Supply Chain Planning Software 291

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 291

The Logistics of Logistics

OCTOBER 17, 2022

As an innovator and market leader, he has successfully developed and led cross-functional teams while enhancing business performance in sales, finance, supply chain logistics, distribution, and manufacturing. With Tive , shippers and logistics service providers (LSP) eliminate preventable delays, damage, and shipment failures.

Supply Chain Design Software 199

Supply Chain Design Software Logistics Network Optimization Software Optimization Software Analytics Software 199

Unleashed

APRIL 11, 2024

The Guardian reports that the Victoria Unboxed project will hope to eliminate invisible waste from supply chains by replacing cardboard produce boxes with reusable plastic crates. US manufacturing activity expands for first time since 2022. The latest ISM Manufacturing PMI report registered an unexpectedly high 50.3%

Waste Reduction 52

Waste Reduction Price Reduction Inventory Reduction Cost Reduction Strategies 52

DELMIA Quintiq

MAY 27, 2015

With such a tight deadline, you can’t afford to waste time combing through lengthy reports to come up with fresh strategies that could or could not work. First, you’ll get strategies to critical planning challenges like the ones below: Managing supply chain disruptions. All-access pass to profit-boosting strategies.

Inventory Reduction 120

Inventory Reduction Waste Reduction Cost Reduction Strategies Supply Chain Planning Software 120

ToolsGroup

JANUARY 25, 2022

In a bold move which bore resemblance to the fighting spirit of the retail industry as a whole these past two years, the National Retail Federation (NRF) Big Show 2022 went ahead as planned in New York City despite rising COVID cases and reduced attendance. Download guide: 8 Winning Strategies to Combat Supply Shortages ?

Waste Reduction 294

Waste Reduction Vendor Strategies Price Reduction Inventory Reduction 294

Logistics Viewpoints

AUGUST 5, 2021

I was drawn to Hunter and Amory Lovins, who advocated a strategy pairing energy efficiency with renewables, long before its current popularity. After all, what’s the point of installing solar panels only to waste the greener energy produced? Buffering creates waste. Proper disposal can cause downstream issues.

Supply Chain Planning Software 299

Supply Chain Planning Software Sustainability Material Savings Supply Chain Planning 299

Supply Chain Game Changer

AUGUST 11, 2022

Product packaging significantly contributes to the modern world’s waste problem. Many businesses are now switching to eco-friendly packaging and shipping mailers to solve this problem. Switching to eco-friendly materials for your product packaging and shipping is a major shift for most businesses. Reduce Waste.

Shipping 89

Shipping Material Savings Waste Reduction Cost Reduction Strategies 89

Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. One day, a product is flying off the shelves, and the next, it’s gathering dust.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193

RFgen

APRIL 28, 2023

Key Takeaways: Trimming labor costs must begin with an overall look at your business strategy and operational goals. In this article, we will look at how strategy and planning, warehouse layout optimization, process improvement, and labor management can all contribute to a revolutionized warehouse business model.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Waste Reduction Expense Reduction 52

Unleashed

MARCH 2, 2022

Here we give you eight real-world examples of how businesses use Kanban, a popular lean tool that’s helped companies in a huge range of sectors improve efficiency – especially those in the manufacturing industry. Kanban came from the same place as the wider principles of lean manufacturing: Toyota. Each card represents one work item.

Manufacturing Procurement 98

Manufacturing Procurement Agile and Lean Supply Chain Lean Examples 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. Watch What is Marketing Procurement? on our SCMDOJO YouTube Channel!

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

QAD

FEBRUARY 9, 2022

Remaining competitive is a top priority for any manufacturing operation. One such trend in the manufacturing industry is the use of lean manufacturing principles that help companies clean up inefficiencies and work smarter. Learn more about what lean manufacturing is and the five principles helping manufacturers get ahead.

Manufacturing Procurement 52

Manufacturing Procurement Agile and Lean Supply Chain Lean Manufacturing 52

GlobalTranz

MARCH 24, 2016

For manufacturers and shippers, freight spend represents one of the largest costs to the respective company. However, freight rates are continuing to increase , yet the end users continue to demand lower shipping rates. Some common concerns for shippers include the following: Unused space in shipping containers.

Cost Reduction Strategies 120

Cost Reduction Strategies Waste Reduction Freight Transportation 120

Intelligent Audit

OCTOBER 12, 2022

It’s a common goal for people and industries worldwide to work together to reduce our collective carbon footprint and counteract climate change. The shipping industry plays a significant part in this equation, as carbon emissions from shipping make up a substantial portion of the problem.

Waste Reduction 52

Waste Reduction Resource Reduction Price Reduction Cost Reduction Strategies 52

The Logistics of Logistics

DECEMBER 3, 2021

As an innovator and market leader, he has successfully developed and led cross-functional teams while enhancing business performance in sales, finance, supply chain logistics, distribution, and manufacturing. With Tive , shippers and logistics service providers (LSP) eliminate preventable delays, damage, and shipment failures.

Supply Chain Design Software 147

Supply Chain Design Software Logistics Network Optimization Software Optimization Software Analytics Software 147

Cognira

DECEMBER 20, 2022

Throughout this blog, discover what green retailing is, why retailers should adopt this strategy, and the positive impact advanced technology can have on sustainable strategies. For example, this could involve selling and utilizing green products, or reducing paper and plastic wastage at checkout. Dispose of waste properly.

Waste Reduction 52

Waste Reduction Inventory Reduction Expense Reduction Material Savings 52

OptiProERP

FEBRUARY 20, 2024

Digital transformation is aggressively scaling up across all sectors of the manufacturing industry. Technologies such as Artificial Intelligence, Robotics, 3D printing, Virtual Reality, and Augmented Reality are transforming the manufacturing world. Mixed Reality is the future of the manufacturing sector.

Supply Chain Design Software 52

Supply Chain Design Software Predictive Analytics Software Optimization Software Modeling Software 52

Unleashed

JANUARY 29, 2024

It involves the identification and elimination of low-performing or unprofitable products and the prioritisation of those that generate the most value for your customers and the greatest revenue for the business. SKU rationalisation is the process of analysing and your product portfolio. What is the SKU rationalisation 80/20 rule?

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

The Logistics & Supply Chain Management Society

APRIL 26, 2022

by Stephanie Krishnan – Associate Vice President, IDC Manufacturing & Energy Insights Asia/Pacific, IDC Asia/Pacific. “By By 2025, to improve long-term supply chain profitability, 60% of manufacturers in global supply chains will invest in software tools to support sustainability and circular economy business models.”.

Supply Chain Design Software 264

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Sustainability 264

AFFLINK

JULY 26, 2017

Unilever has officially achieved zero waste , and now it wants to help other companies follow suit. But what exactly is zero waste? Zero waste is primarily known as a sustainable supply chain management technique that describes when there is absolutely no extraneous material produced that must be sent to a landfill.

Waste Reduction 54

Waste Reduction Expense Reduction Cost Reduction Strategies Inventory Reduction 54

The Logistics of Logistics

MAY 8, 2021

Deborah Dull is Founder of The Circular Supply Chain Network and a Principal of Manufacturing Product Management for GE Digital where she is responsible for circular economy, lean management, and customer success. A circular supply chain is where the raw materials used are recycled back into the manufacturing operation.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Waste Reduction Expense Reduction Resource Reduction 130

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%. The problem space has gotten harder, not easier.

Optimal Sourcing 228

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 228

Logistics Viewpoints

MAY 20, 2022

Autonomous cargo ship completes 500-mile voyage. Kroger’s foundation is funding food waste research. The Suzaka, a 750 gross-ton vessel, was powered by Orca AI, whose software helped the ship avoid hundreds of collisions autonomously. Uber Eats pilots autonomous delivery with Serve Robotics, Motional.

Logistics Network Optimization Software 197

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software 197

OptiProERP

DECEMBER 9, 2022

Electronics manufacturers have many revenue opportunities, but also many challenges to overcome to be competitive. Electronics manufacturers must adapt to many emerging trends. Let’s review the most common challenges facing electronics manufacturers and how ERP provides technology to manage them. Intricate Supply Chain.

Manufacturing Procurement 52

Manufacturing Procurement Electronics Optimal Sourcing Supply Chain Planning Software 52