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The Top 5 Warehousing Best Practices in Supply Chain Management

ThroughPut

Studies show that worldwide, companies spend an estimated $350 billion a year on warehousing, and this number is only estimated to increase with high dependence on traditional warehouse practices. Lean warehousing. Digital warehouse.

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3 Initiatives Driving Sustainable Transportation and Logistics Management

Supply Chain Nation

Recent studies have shown that transportation is the single largest source of greenhouse gas emissions in the United States. Department of Energy calculated that CO2 emissions from transportation surpassed two billion metric tons ; it’s hard to imagine what that number looks like today. The realities of today’s complex global marketplace make fulfilling sustainability objectives anything but simple as companies navigate fulfillment, transportation and logistics challenges.

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Sustainable Logistics: Quantifying Sustainability Measures of Your Logistics

Cerasis

Creating more sustainable logistics is even more important for the trucking industry. Sustainable Logistics | Quantifying Sustainability Measures of Your Logistics. Robinson and the MIT Center for Transportation and Logistics. However, while technology evolves to allow better tracking of carbon footprint, there’s a potential to substantially improve overall with sustainable logistics by addressing a less often discussed but insidious problem.

6 Benefits of Effective a Reverse Logistics System & The 9 Core RevLog Metrics to Track

Cerasis

With the purpose of optimizing supply chain efficiency and asset recovery rates, applying a reverse logistics system has increasingly become a tool that positively impacts profitability as well as assisting an organization in meeting sustainability goals. With the growth of sustainability initiatives , more companies have adopted the use of recycled materials in production and have developed procedures for the responsible disposal of products that cannot be recycled or reused.

Real-World Scenario: Best Practices for Warehouse Contracts: Part One

Cerasis

When it comes to the logistics industry, whether it's transportation management contracts or warehouse contracts, there are a million moving parts, and as many questions. In the below is a real world example of a consultant coming to a third party logistics company with the goal of choosing a warehouse and 3pl provider. each) and the rest 40% spend is for 25 warehouses (anywhere between 300,000 to 1 Mn. Looking at the Core Components of a Warehouse Contracts.

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5 supply chain management tips for retail for sustained profitability

6 River Systems

These are the two factors that are essential for the long-term sustainability of any retail business, and achieving them requires implementing smart supply chain management tips and strategies. Here are five supply chain management tips for the retail industry to bring in sustainable profits.

How to Sustain a Lean Culture in Manufacturing & Supply Chain

Cerasis

Today I will discuss how a company can sustain a lean culture once they have implemented lean practices in order to achieve continuous improvement. Your company has started the lean journey, but how do you sustain it? Let's first talk about first setting the stage, then give you practical practices and tactics to achieve a sustainable lean culture, and then provide core key performance indicators (KPIs) to track your progress. Once implemented, Lean has to be sustained.

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Lean Transportation: Are you Using Lean Thinking for Transportation Management? If not, Why?

Cerasis

For shippers, culture and behavior have to change to apply Lean Transportation thinking. The “Them (company leadership) versus Us (shop floor associates)” mentality also needs to change for Lean Transportation to " WE. The 8 Rights To Achieve Lean Transportation Practices. The are the 8 Rights of Lean Transportation thinking: Right Materials, Right Quantity, Right time, Right Place, Right Source, Right Price, Right Quantity, and. Transportation takes time.

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Sustainable Logistics Practices Can Serve as a Differentiator for CPG Brands

Zipline Logistics

Sustainability is an often-discussed concept that can be a reliable source of differentiation for CPG manufacturers. And sustainability has become a standout issue for many US consumers. But sustainable logistics practices can have a profound effect on your brand.

Collaboration? When It Comes to Cash-to-Cash, We Don’t Know How to Walk the Talk

Supply Chain Shaman

The value does not have to be equal, but it needs to be real and sustained. Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. Brand owners have the lowest cost of capital and could redefine the value chain to drive sustainable value, but they don’t collaborate and use these new approaches to drive value.

Why Reverse Logistics Systems and Transportation Management Should Be Considered Together

Cerasis

Product travel in reverse of their original paths from the seller to buyers’ locations, after which they may undergo disassembly and disposal or recycling, or repair or refurbishment, testing, packaging, warehousing, resale, shipping, customer support, and other reverse logistical processes executed by the seller outsourced services. meaningful and accurate performance metrics. energy expenditures, performance of sustainability initiatives.

Podcast: Rob O’Byrne on Digital Transformation, Sustainability, and Diversification in Sourcing

Requis

People are still worried about having efficiencies in their warehouses, making sure they’re laid out properly, and having the right processes. A lot of companies now will have regional hubs with just smaller satellite warehouses in each country.

What’s the ROI Of Transport and Logistics Providers & A TMS?

Cerasis

Much talk about sales, automation and improved processes dominate the conversation when considering outsourcing logistics processes to a transport and logistics providers or using a 3PL-based transportation management system (TMS). Often, the transport and logistics providers' reps claim initial returns may be as high as 25 percent, if not greater. There are many benefits that accompany the use of transport and logistics providers and their TMS systems.

50 expert tips on improving warehouse efficiency & productivity

6 River Systems

Most warehouses are on an ongoing mission to maximize productivity by optimizing workflows, automating processes and reducing waste (both time and resources). Warehouses are complex operations with many moving parts and functions happening simultaneously, so while there are plenty of areas to improve productivity, it’s not always easy to determine where your efforts will pay off. More than 50% of your warehouse labor is in pick and pack, so start there.

Easier than reducing carbon footprint – 5 Steps to make a dent in the Huge and Hidden Cost of CPG Sustainability

Cerasis

LTL gets even trickier according to a report by the MIT Center for Transportation and Logistics. . However, while technology evolves to allow better tracking of carbon footprint, there’s a potential to substantially improve overall logistics sustainability by addressing a less often discussed but insidious problem. There’s an alarming paradox in the world of consumer packaged goods sustainability. From shareholders to consumers, sustainability has created broad value. .

5 Ways to Optimize Your Logistics & Transportation with Lean

Arkieva

Are you using lean in your logistics and transportation management? The transportation company’s culture and behavior should change to apply Lean thinking. Transportation takes time. The need to transport parts also drives inventory up, creates a need for space to store those parts, and uses energy for more forklift time and warehouse heating. The list of additional waste generated by transportation goes on and on.

Lean 68

TMS Systems: The 3 Core Areas & 9 Main Features to Expect Upon Evaluation

Cerasis

Efficient management of transportation plays a major role in determining the success rate of an organization’s distribution system. Transportation incurs massive cost to the company thereby making the company strive hard towards achieving maximum returns on investment. Often, the deployment of transportation management software systems or TMS systems is a great aid in reducing overall hard and soft transportation costs. Integrated warehouse management system.

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Retreads are Good For Truckers…and Good for the Environment!

NC State SCRC

The American Transportation Research Institute estimates that of the total cost per mile of driving a rig that drives between 80,000 and 125,000 miles per year, the average cost (including drivers wages and benefits) is $1.593 per mile, or which tire cost are $ 0.043 a mile, and fuel costs are $.403 Using retreads can save money, regardless of the metric fleets are using to measure their business performance. Examples of metrics include the following: Cost per driver hour.

Using Managed Analytics to Build a Next-Generation Supply Chain

Talking Logistics

The advent of transportation management systems (TMS) in the 1990s introduced near-infinite metrics and data points into the supply chain yet brought with it more questions than answers: How do we centralize the data? The intelligent curation, organization and analysis of key data points is now providing executives with data-driven recommendations to build and sustain a next-generation supply chain. How well is my transportation routing guide performance?

50 expert tips on logistics planning and strategy

6 River Systems

Devise a model that supports environmental sustainability. “BSR recommends that companies address climate risks in their supply chains by focusing where they have the greatest impact and greatest influence and taking several steps: Consider a broad range of climate risks and prioritize parts of the supply chain that are most at risk. “As for your internal systems, real-time inventory management helps you manage your fulfillment warehouses. Warehouse Operations

28 supply chain professionals share the biggest challenges of supply chain management

6 River Systems

Our supply chain involves a contract manufacturer, a third-party testing facility, warehouses to store inventory and a freighting company. For example, if my contract manufacturer is late with an order it can cause me to incur excess costs with the freighting and warehousing companies, respectively. This initially necessitated the expansion of our warehousing provision, revision of our stock rotation and warehousing policies and associated costs, which we had to bear.

The “First Five” Industrial Manufacturing Trends of 2017

Cerasis

However, age-old means of collaborating, such as emails and faxes, are insufficient to sustain the industry in 2017. Logistics providers need to know when products will be available, and warehouses must send information back to the manufacturer to ensure supply and demand fluctuations are easily met. This will lead to the creation of more metrics and business-intelligence tools to help improve manufacturing operations. Metrics are like Big Data; they can appear useless.

Supply Chain Management Services

LeanCor

Focus on total logistics cost reduction (transportation, warehousing, and inventory). Building the lean culture to drive and sustain continuous improvement. Choosing the right target means defining your metrics, such as measuring carrier performance. Does the company have the required warehouse space, dock capacity, warehouse personnel, etc.? References: www.manufacturing.net , 12/06/2013 Sustainability: A 3PL’s Role in Your Green Supply Chain.

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Green Logistics: How to deliver efficiently while minimizing carbon footprint

Abivin

According to World Bank report, efficient logistics refer to transport, storage and conveyance of products to the ultimate consumers from the companies at minimal costs. Consequently, the agenda and recent focus of the industries is to minimize the carbon footprint and to adapt the logistics activities that promote more sustainability along with long-term impact reduction schemes. Green logistics has a significant role in the trade process, transport and deliver the goods.

Top 10 Supply Chain Innovations of 2018

Material Handling and Logistics

Click the links below to compare this year's innovations to those from previous years: Top 10 Supply Chain Innovations of 2017 : exoskeletons, autonomous forklifts, flying warehouses, last-mile delivery, and more. Warehouse Automation. Content Summary: Honeywell and Carnegie Mellon Partner to Bring AI to the Warehouse. It will allow for the automation of more complex warehousing tasks, such as unloading shipping containers and picking packets or individual e-commerce orders.

Global Trends in Digital Supply Chain - 2018 Review

Abivin

At the same time, companies are putting more effort in the environment aspect and sustainability of the supply chain. Technology enables green, sustainable supply chain Logistics activity can bring about negative impacts to the environment. As a result, companies need to have answer for questions about their green manufacturing process, how sustainable their supply chain is, how much the companies is affecting the environment, how much carbon footprint is being produced everyday.

Employing this S.M.A.R.T. Technique with a Logistics Company to Create Total Stakeholder Satisfaction

Cerasis

Let's talk about the outputs, or desired metrics worth measuring, in each category of what a logistics company might provide. Cerasis is squarely focused on transportation management through technology and managed services , however, there are logistics companies who offer fulfillment, warehousing, freight forwarding, and more. Implementing and sustaining LEAN initiatives : 5S, Kaizen, Kanban and LEAN Six Sigma to bring value to the customer and go beyond their expectations.

5 Crucial Software Every 3PL Company Needs To Have

Abivin

For instance, platforms such as Uber Carriage and Cargomatic enable real-time, cost-effective, on-demand transport arrangements to the other business logistics services, which brings great competitiveness to this industry. This article will present five software that every transporter and 3PL company should employ to stay competitive, cost-effective and ensure on-time delivery. International Journal of Shipping and Transport Logistics.

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IMO 2020 is Here. Are You Ready?

Supply Chain Game Changer

This regulation will see the largest reduction in the Sulphur content of the transportation fuel under taken at any time in the history. This regulation will be implemented from 1st January 2020 and it is a major step towards Sustainability. This has been done to curb pollution and make the industry greener and world more sustainable. million metric tons annually. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

BASF: A Story of a Supply Chain Leader

Supply Chain Shaman

He is an industrial engineer with a diploma in transportation and logistics from the University of Applied Sciences in Bremerhaven. Over the period of 2009-2015 only 88% of companies made improvement on the “Supply Chain Metrics That Matter.” (The The Supply Chain Metrics That Matter are a portfolio of metrics which correlate to higher market capitalization. The composite of metrics includes growth, operating margin, inventory turns and Return on Invested Capital.)

26 supply chain pros reveal the single most effective way to create a winning supply chain strategy

6 River Systems

You also have to consider storage costs, warehouse maintenance costs, ordering new items, packaging, vendor costs — all these require spending money. If the right technology is infused with your warehouse and inventory management processes, it can greatly streamline your entire operations and grant value to your organization. It will also track your goods right from the moment an order is received, its journey through the supply chain until it leaves the warehouse for shipping.

Navigating the Supply Chain Management Fault Line

Supply Chain Shaman

Decision support includes all forms of planning: demand, supply, revenue, manufacturing and transportation planning. Drones in warehouses using machine learning for real-time inventory and self-driving vehicles are transforming logistics. System integrators/consultants building software is also not a sustainable/viable model. Stalled progress on metrics: 90% of companies find themselves stuck on key supply chain metrics (cost, inventory, growth, ROIC). Tremors.

Reimagine Supply Chain of the Future – agile, resilient, and balanced – LogiSYM July 2020

The Logistics & Supply Chain Management Society

Current Initiatives such as Coca Cola’s “World Without Waste” and Unilever’s “Sustainable Living Plans” are first steps toward a circular economy. Develop methodologies to measure risk for each supply chain node, warehouse, factory, supplier, geography, or transportation node.

You Are a “Green” Superhero

Logility

I grew up in a time before people knew much about being eco-friendly, being Green, so the concept of sustainability isn’t usually at the top of my mind. Just to level set, the Brundtland Commission defined sustainable development as “development that meets the needs of the present without compromising the ability of future generations to meet their own needs.” The topic of sustainability and eco-conscious is discussed in K-12 education on a regular basis today.

The Disintermediation of the Supply Chain!

Supply Chain Game Changer

Most definitions of disintermediation characterize it as the elimination of intermediaries, or “ cutting out the middleman “ Further consider that the “Wastes” associated with Lean thinking and principles include transportation, inventory, over production and motion amongst others. A truly efficient and effective Supply Chain must include a strategy, plans, business processes, and performance metrics that incorporate disintermediation and the elimination of waste!