Unleashed

DECEMBER 28, 2021

One major aspect of running a lean business is reducing inventory – that is, a reduction in the amount of inventory your organisation keeps on hand at a given time. In this article we outline the 15 best methods you can use to reduce inventory: Why do businesses reduce inventory? Read more: What is Inventory Management?

Inventory Reduction 86

Inventory Reduction Cost Reduction Strategies Waste Reduction Expense Reduction 86

ShipBob

DECEMBER 28, 2022

Before you leap into the sourcing process, it’s important to have a strategy in place. Strategic sourcing is a unique purchasing method that aligns your sourcing strategy with your business goals. What is procurement? This process is known as procurement. What’s the difference between procurement and sourcing?

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Purchasing Skills Material Savings 52

Unleashed

OCTOBER 4, 2023

The order fulfilment process covers every step required to get goods to the people who purchase them, from the moment a customer places an order to when they receive their purchase. When an order is confirmed, the items need to be collected from inventory and packaged for shipment.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

Zipline Logistics

DECEMBER 5, 2022

You’ve taken your brand from an idea to physical product, determined packaging and pricing, and landed shelf space at a retail store. Survey insights reveal that 90% of retail buyers say a supplier’s ability to deliver on time impacts their purchasing behavior of that brand. Logistics Strategy Drives Category Domination.

Cost Reduction Strategies 81

Cost Reduction Strategies Price Reduction Logistics Network Optimization Software Price Mitigation Strategies 81

Unleashed

FEBRUARY 29, 2024

Retail software is a range of technological solutions that can help retailers improve customer satisfaction, profitability, efficiency, and productivity by streamlining manual tasks. Retail software automates critical business processes in a way that traditional systems cannot. What is retail software?

Prescriptive Analytics Software 52

Prescriptive Analytics Software Inventory Management Software Analytics Software Supply Chain Planning Software 52

ThroughPut

NOVEMBER 28, 2023

This piece will unveil the top 18 supply chain analytics solutions currently shaking up the market. These aren’t just tools but potential game-changers for your bottom line in the long run. But remember, your choice depends on your specific puzzle, supply chain strategy, and what you’re already packing in your toolkit.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52

Logistics Viewpoints

MAY 3, 2022

But it’s important to remember that while customers want their purchases fast, sometimes even the next day, many care about the environmental impact of that delivery as well. It turns out they’re rethinking every part of their operations, from a single package to their distribution process. Rethink Partnerships.

Waste Reduction 194

Waste Reduction Sustainability Vendor Strategies Supply Chain Design Software 194

QAD

MAY 23, 2023

Ninety percent of companies have an ESG strategy in place and chances are good yours does, too – or will very soon. ESG Regulations are Driving Investment in Sustainable Procurement Regardless of where you stand on the ethics behind ESG issues, you’d think consumer demand would be a clear driver for sustainable product development.

Procurement Solutions 92

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 92

Unleashed

OCTOBER 4, 2021

Here we break down the inventory management strategies of seven successful manufacturers and retailers around the globe. These examples show there isn’t a benchmark inventory management strategy that trumps all others. This allows Amazon to concentrate on other aspects of the transaction, like shipping, returns and processing.

Inventory Reduction 97

Inventory Reduction Vendor Strategies Inventory Management Software Waste Reduction 97

Enterra Insights

JUNE 15, 2023

ushered in the modern supermarket, transforming how people expect to purchase their groceries. There have been many more changes since then, including how products are produced and packaged, how they reach supermarkets, and how the consumer ultimately purchases them.”[1] The post-WWII era in the U.S.

Inventory Reduction 245

Inventory Reduction Price Reduction Supply Chain Planning Software Modeling 245

Logistics Viewpoints

MAY 5, 2021

Over the last few years, supply chain sustainability has become increasingly important, as manufacturers and retailers have taken the lead on green initiatives across the full spectrum of the supply chain, including in the warehouse, store, and through transportation. For Mars, becoming more sustainable with its packaging is a huge priority.

Supply Chain Design Software 198

Supply Chain Design Software Resource Reduction Sustainability Price Reduction 198

Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Procurement in 2021 and beyond.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

ThroughPut

APRIL 30, 2024

Exploring the world of AI tools for supply chain and logistics can be quite overwhelming. That’s why we put together this guide – to help you get a glimpse of the best AI tools for supply chain and logistics, how to implement these tools, what to take care of and more. Best AI Tools for Supply Chain and Logistics 1.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

ThroughPut

MARCH 6, 2024

The transportation and logistics industry has witnessed a profound transformation over the past few years, driven by a mix of industry disruptions and emerging innovative technologies. In other words, the need to integrate AI in transportation and logistics is no longer an opportunity but a necessity.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Inventory Reduction Transportation 52

Enterra Insights

APRIL 24, 2024

” Completely eliminating food waste is impossible; nevertheless, Stop Food Waste Day draws attention to this serious problem. Environmental Protection Agency to set a goal to cut our nation’s food waste by 50 percent by the year 2030.”[2] But there are potentials for reducing food waste in all six steps!”

Waste Reduction 130

Waste Reduction Food Price Reduction Manufacturing Procurement 130

Logistics Viewpoints

OCTOBER 12, 2023

Recently, I was at my local grocery store for my weekly shopping trip and found myself in the packaged salads section. While this is easy for packaged/processed items with Best by Dates, it is not as easy for bulk, loose, or field packaged products. Am I alone in this habit or thinking? or squeezing an Avocado.

Supply Chain Design Software 229

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Planning 229

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

GlobalTranz

SEPTEMBER 14, 2018

Warehouse Managers Avoiding Omnichannel Supply Chain Strategies Will Lose Competitive Ground Competitive advantage is based on the ability of companies to offer products or services at reasonable, competitive prices. Although pricing plays a big part, it also depends on the ability to offer unique services. LEARN MORE.

Price Reduction 120

Price Reduction Cost Reduction Strategies Inventory Reduction Omnichannel 120

SCMDOJO

APRIL 15, 2024

Ever wonder how Amazon gets your package to your door so quickly? We’ll explore their logistics empire, from warehouse robots to futuristic visions, and discover how they manage millions of packages daily. Amazon’s Mission Its unwavering commitment to customer satisfaction is at the heart of Amazon’s logistics strategy.

Logistics Network Optimization Software 82

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 82

Logistics Viewpoints

DECEMBER 6, 2022

The continued growth in e-commerce retail sales has been largely driven by factors such as convenience, product selection and lower prices. However, the inability for consumers to initially see, feel or experience products they purchase online can create gaps between product expectations and what arrives at the doorstep. In the U.S,

Reverse Logistics 222

Reverse Logistics Purchasing Skills Price Reduction Logistics Network Optimization Software 222

ToolsGroup

JUNE 27, 2022

In this article, we’ll break down what vertical integration is, its benefits and disadvantages, its application in supply chain, and the factors to consider when deciding whether it’s the correct strategy for your company. Necessity of Supply Chain Planning Software in Vertical Integration. Types of Vertical Integration.

Price Reduction 156

Price Reduction Cost Reduction Strategies Material Savings Supply Chain Planning Software 156

6 River Systems

OCTOBER 12, 2020

trillion on logistics and transportation services in the United States in 2018, an increase of 11.4% Rising costs mean that companies must continue to innovate and implement strategies that can help reduce logistics costs and boost the bottom line. billion, while transportation costs increased by 10.4%

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Material Savings Inventory Reduction 98

ShipBob

APRIL 15, 2024

By calculating and tracking your GMROI, you can make more informed decisions on pricing, budgeting, and inventory spending, so that your business can not only survive, but thrive. Specifically, GMROI measures how much profit you generate from every dollar you invest in your inventory purchases.

Inventory Reduction 52

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 52

QAD

JANUARY 19, 2023

Supply chain management (SCM) is essential to any business strategy. Used to cut costs and maximize efficiency, supply chain trends cater to every business. Logistics is a larger focus for transportation companies. Industry: carrier regulations, trade compliance and transportation. Let’s dive in.

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 93

SCMDOJO

MAY 30, 2024

From the warehouse manager to the transportation coordinator, each role in the logistics department contributes to the smooth flow of deliveries. Transportation and Routing: The logistics department is responsible for planning and organizing the transportation of goods. The logistics department is just one piece of the puzzle.

Optimal Sourcing 71

Optimal Sourcing Pricing Training Logistics Network Optimization Software Inventory Reduction 71

Enterra Insights

APRIL 4, 2024

She explains, “Depending on which statistics you follow, consumers return something like a fifth of all purchases these days. Young writes, “Some companies processing returned televisions for retailers have gotten a surprise when opening the boxes — packaging filled with bricks rather than newly purchased TVs.

Price Reduction 100

Price Reduction Supply Chain Strategy Cost Reduction Strategies Inventory Reduction 100

Locus

JUNE 16, 2023

Say you purchase your coveted gadget online, eagerly tracking its journey from warehouse to your welcoming hands. Last-mile delivery is the crucial stage of transporting goods from the retailer’s transportation hub to the ultimate delivery destination. Read also: How to Calculate the Cost of Transport 2.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Price Reduction Inventory Reduction 98

Unleashed

FEBRUARY 26, 2024

Keep reading to learn about the processes, tools, and best practices you can implement to optimise your warehouse inventory management strategy. Reduced carrying costs Proper inventory management helps minimise inventory carrying costs by maintaining optimal stock levels determined by accurate demand forecasting and sales analysis.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Material Savings 52

Supply Chain Matters

JANUARY 11, 2023

In July of 2022, Supply Chain Matters provided our readers added perspectives and highlights regarding supply chain planning technology provider Logility’s acquisition of supply chain network design technology start-up Starboard Solutions. Evolution of Supply Chain Network Design Technology.

Network Design Software 52

Network Design Software Logility Procurement Solutions Supply Chain Design Software 52

Unleashed

MAY 10, 2023

Read on to learn how supply chain automation works and discover the tools you can use to reduce manual efforts and improve supply chain efficiency. Supply chain automation is the use of industry-specific hardware and software to improve efficiencies, reduce mistakes, and get better results from your supply chain processes.

Supply Chain Software 52

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

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

The right technology solutions allow supply chain operations to make data-driven decisions and provide a competitive advantage, particularly if an organization’s competitors are slow to adopt the latest technology advancements. Still, there are several technologies that are transforming supply chains for the organizations that adopt them.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

ToolsGroup

SEPTEMBER 20, 2022

That’s why companies in the manufacturing sector are shifting from reactive to data-driven maintenance strategies. It enables technicians to pinpoint defective parts and eliminate predominant or common equipment failures. Reduce facility-wide maintenance costs. Optimize spare part inventories. Computer-Aided Design Processes.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

Logistics Viewpoints

MARCH 18, 2022

Walmart GoLocal teams up with Delivery Solutions. Amazon joins consortium to create upcycling strategies. Russian forces are cutting off shipping routes, logistics firms are suspending services, and air freight rates are skyrocketing. New lockdown in China likely to disrupt online orders. According to the BOTTLE consortium, 5.7

Logistics Network Optimization Software 214

Logistics Network Optimization Software Supply Chain Design Software Price Reduction Cost Reduction Strategies 214

GlobalTranz

SEPTEMBER 12, 2016

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. For example, transportation management often focuses on the journey of products after manufacturing. The Definition of Procurement Logistics. Purchased parts and similar items.

Manufacturing Procurement 120

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 120

GlobalTranz

OCTOBER 3, 2018

E-commerce has transformed how consumers shop and purchase their favorite products, as well as try new products and services. While e-commerce increases at an average rate of 19 percent, shippers have continued operating with the same tools and resources. Get E-Commerce solutions. LEARN MORE. Think about it.

Cost Reduction Strategies 202

Cost Reduction Strategies Purchasing Skills Logistics Network Optimization Software Price Reduction 202

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

The Green Corridor: Looking for the Green Lining by Timothy Foote, Director Transportation & Network APAC at Asendia and Founder of Susymbio 2023 is soon enough to end, and the transformation to a clean logistics future moves forward. Air transport emissions reduction goals sadly will be hampered by insufficient supplies of SAF.

Purchasing Skills 130

Purchasing Skills Singapore Price Reduction Cost Reduction Strategies 130