The Logistics & Supply Chain Management Society

MARCH 21, 2023

Why Multi-Carrier Parcel Shipping Strategies Are Winning in 2022 by Lindsay Schuemann , Marketing Manager at Enveyo Two years. We’ve had many ups and downs since March of 2020, but one up that has continued its upward trend, is e-commerce purchase volume. . Your carrier strategy is the area that needs focus in 2022.

Cost Reduction Strategies 130

Cost Reduction Strategies Price Reduction Sourcing Strategies Price Mitigation Strategies 130

Silvon Software

APRIL 19, 2022

Procurement is one core process area being focused to better manage today’s fluctuating change, with key performance metrics leading the way to assessing and managing procurement performance. The Basics of Procurement KPIs. A decrease in the compliance rate results in an increase in indirect procurement or maverick spending.

Optimal Sourcing 121

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 121

Unleashed

JUNE 27, 2022

There are now distillery software solutions out there to help with this, so you have the tools to avoid the inefficiencies and money pits that could give opportunities to your competitors to outpace you. Raw materials purchasing As a distillery manager, you will need to purchase both the raw materials for your product (e.g.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Procurement Solutions 98

GlobalTranz

JUNE 19, 2018

These rates will have natural implications for smaller shippers seeking to lower overall transportation and freight spend, and paired with a “blurred lines between peak shipping and shopping seasons,” shippers will experience increasing trouble when trying to procure full truckload capacity. Fortunately, a solution exists.

Procurement Solutions 175

Procurement Solutions Procurement Analytics Capacity Procurement 175

Enterra Insights

JANUARY 14, 2022

Consumer packaged goods (CPG) manufacturers and their end-customers constantly engage in a complicated dance that has no choreographed steps. That bodes poorly for consumer packaged goods, particularly the more expensive national brands that took share during the pandemic.”[1] Taking the Digital Path to Purchase.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Packaging Supply and Demand 130

QAD

APRIL 27, 2023

Earlier this year, QAD hosted a live webinar to explore and analyze the trends that are likely to dominate the procurement world over the coming months. It’s no secret that procurement teams have an amplified role within their businesses and that many are left with questions — our goal was to offer answers.

Manufacturing Procurement 96

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 96

Logility

AUGUST 31, 2023

In most cases, their legacy ERP or supply chain solutions cannot support the real-time, frequent forecasting and inventory planning needed to get ahead of margins pressures, rising costs, and shifts in consumer demand. Kelly-Moore achieved 20% less overstock and avoided $1 million in purchase orders after reallocating sundries.

Consumer Goods 185

Consumer Goods Network Optimization Software Optimal Sourcing Inventory Reduction 185

Enterra Insights

MARCH 4, 2022

The past couple of years have been — to say the least — interesting for the consumer packaged goods (CPG) sector. As Erik Larson ( @erikdlarson ), Founder and CEO of Cloverpop, observes, “The consumer packaged goods industry is experiencing unprecedented change. Joining the Data Revolution. One poor decision can be disastrous.

Packaging 130

Packaging Prescriptive Analytics Software Analytics Software Supply Chain Planning Software 130

ModusLink Corporation

DECEMBER 7, 2021

The importance of correct packaging. Packaging is an important element that manifests its presence within all stages of the product flow. These stages can be identified as the purchase of raw materials, the production and sale of the final product, and not to forget transportation and distribution. This phase is the smallest.

Packaging 78

Packaging Supply Chain Design Software Supply Chain Software Waste Reduction 78

Unleashed

OCTOBER 6, 2021

Here we explain how you can do this with 16 cost reduction strategies in inventory management?that Using this strategy improves efficiencies in product delivery, frees up capital and reduces warehousing costs. Calculations for key figures like reorder points, safety stock and EOQ are handy tools for reducing your inventory costs 6.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Enterra Insights

JULY 30, 2021

As Tom Standage ( @tomstandage ), editor of The Economist ‘s ‘ The World in 2021 ‘, reminds us, the digital path to purchase is increasingly becoming the customer journey of choice. Agility and end-to-end visibility remain key components of any good strategy as well.”[5] 1] He adds, “Grannies have discovered online shopping.”

Purchasing Skills 100

Purchasing Skills Procurement Solutions Procurement Analytics Supply Chain Software 100

ShipBob

SEPTEMBER 13, 2021

While most business owners would rather spend their time building a business strategy, planning creative marketing campaigns, and launching new products, they often get caught up in the intricate web that is shipping. Read on to learn how multi-carrier shipping software can help you grow your brand by taking the complexity out of shipping. .

Procurement Solutions 52

Procurement Solutions Supply Chain Network Software Supply Chain Software Supply Chain Design Software 52

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

Enterra Insights

JULY 29, 2021

One of the most prominent trends of the Digital Age is increased traffic on the digital path to purchase. As a result, some experts are wondering what effect this trend will have on the consumer packaged goods (CPG) sector. 2] Staff, “ Manufacturers of Consumer-Packaged Goods to spend US$23.8 ”[6]. Footnotes. [1]

Packaging 130

Packaging Manufacturing Procurement Procurement Analytics Supply Chain Design Software 130

GlobalTranz

SEPTEMBER 13, 2018

The path to perfect implementation of a new e-commerce shipping strategy is not always clear, and it comes with several challenges that can undermine the efficacy and cost-effectiveness of e-commerce. Minimize product packaging costs and add-ons. Channel-specific processes. Delays in order fulfillment and delivery. Increased risk.

Price Reduction 181

Price Reduction Cost Reduction Strategies Resource Reduction Inventory Reduction 181

Supply Chain Shaman

DECEMBER 23, 2014

In 2014, ecommerce strategies grew in importance. At that time, manufacturers talked about customer-centric supply chains, but were afraid to aggressively adopt ecommerce strategies. Manufacturers, today, are aggressively pursuing e-commerce strategies. Make test and learn an active part of your supply chain strategy.

Packaging 289

Packaging Inventory Reduction Supply Chain Design Software San Francisco 289

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

Enterra Insights

JANUARY 29, 2021

One of the few bright spots during the COVID-19 pandemic has been the consumer packaged goods (CPG) sector. Consumer Packaged Goods Trends. As most people know, the pandemic and resulting lockdowns forced consumers to use the digital path to purchase for many of the products they desired to buy, including food. trillion in 2021.

Packaging 100

Packaging Trends Supply Chain Design Software Procurement Analytics 100

Logistics Viewpoints

SEPTEMBER 7, 2022

Kevin Nelson, a chief procurement officer and senior vice president at BD, agreed to be interviewed on this topic. Only through this extensive mapping can you see that it may be because there’s a Tier 5 supplier who is not able to get the rare earth mineral out of China that goes into the microprocessor (we purchase).

Supply Chain Visibility 206

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 206

AIMMS

OCTOBER 17, 2023

According to BCG , decarbonizing supply chains involves various strategies, from cost-effective measures like improving efficiency and adopting renewable power (under €10/t CO2e) to significant investments (over €100/t CO2e) in projects like fuel switching or CO2 emissions capture. Here are a few recommendations we’ve seen in practice.

Optimal Sourcing 156

Optimal Sourcing Supply Chain Planning Software Modeling Waste Reduction 156

Supply Chain Game Changer

APRIL 15, 2020

Digital Procurement article, and permission to publish here, provided by Sam Jenks at kodiakrating.com. Navigating the complexity of the global supply chain as a procurement professional can sometimes feel like taking a walk through the Amazon without a compass, or entering into outer space without an oxygen tank. Don’t Panic!

Procurement Solutions 90

Procurement Solutions Procurement Analytics Procurement Eliminating Excel in Purchasing 90

Logistics Viewpoints

JUNE 1, 2023

Now all retailers are re-assessing their sourcing strategies and looking for local alternatives to reduce risks, lead times and carbon footprint. The increasing need for constantly analyzing these trade-offs across the supply chain networks has highlighted the need for digital twins and what-if capabilities in network design solutions.

Supply Chain Planning Software 193

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

ShipBob

JANUARY 15, 2024

In this guide, we’ll explore the main causes of inventory glut, innovative strategies to tackle it, and how working with a 3PL can help reduce inventory risk. To properly manage it, businesses need to be proactive in implementing the right strategies and technologies. What is inventory glut? What causes inventory glut?

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

Supply Chain Shaman

APRIL 16, 2024

As companies struggled to respond to increasing business complexity—a growing number of products, channels, and markets with regional preferences—few software applications were equal to managing channel complexity. Replatforming Current Planning Solutions. Guess what? Yes, there is a great opportunity, but the question is how to jump.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Design Software How To Inventory Reduction 219

Unleashed

APRIL 21, 2024

This guide breaks down the order processing steps and definition, and then explores a few helpful strategies for improving it. This phase involves choosing the right carrier to deliver the package to your customer’s doorstep. Order processing can be done manually or as an optimised workflow using cloud-based digital tools.

Inventory Management Software 52

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

Precoro

JANUARY 16, 2023

Companies typically select supplementary software to help support this process. Spend management allows for efficient sourcing and procurement, regulated expenses, timely registration of spontaneous purchases, and a reduction of fraud and errors. In other words, it happens within the company’s defined procurement cycle.

Procurement Solutions 98

Procurement Solutions Negotiating Skills Purchasing Skills Expense Reduction 98

Unleashed

OCTOBER 5, 2023

It can involve employing technology such as barcode scanners, inventory management software, and automated systems to enhance accuracy and speed in handling goods. Warehouse management systems A warehouse management system (WMS) is a software tool designed to improve the efficiency with which a warehouse is operated.

Inventory Reduction 52

Inventory Reduction Waste Reduction Material Savings Resource Reduction 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. Added Importance.

Network Design Software 52

Network Design Software Logility Procurement Solutions Supply Chain Design Software 52

Logistics Viewpoints

APRIL 26, 2024

While most of the tech world is focused on new generative AI tools, Amazon has been chipping away at an ongoing challenge posed by modern consumerism: the proliferation of shipping materials. The majority of the volume will fit within UPS’ existing U.S. daytime flight operations, EVP and CFO Brian Newman said.

Logistics Network Optimization Software 207

Logistics Network Optimization Software Logistics Material Savings Baltimore 207

Unleashed

SEPTEMBER 28, 2021

ERP software for the food industry comes in a range of shapes and sizes, but what should you look for when you’re thinking about using it for your business? Here we cover the 10 most important features to look for in your food manufacturing software so you can achieve product consistency, production efficiency, and regulatory compliance.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Forecasting Software Supply Chain Planning Software 98

Enterra Insights

NOVEMBER 4, 2020

Even before the coronavirus pandemic closed physical stores and forced consumers online, they were journeying on the digital path to purchase in increasing numbers. ”[1] As a result of increased digital-path-to-purchase activity, online marketplaces have flourished. . Pillars supporting the digital path to purchase.

Procurement Analytics 100

Procurement Analytics Purchasing Skills Procurement Solutions Analytics Software 100

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

Logistics Viewpoints

JUNE 23, 2022

E-commerce continues to grow yearly and it’s estimated that it will make up 30% of retail purchasing by 2024. Previously, e-commerce retailers would deliver a package at a consumer’s home and the transaction would be complete. million packages a day , which equates to more than 66 thousand orders per hour, and 18.5

Logistics Network Optimization Software 202

Logistics Network Optimization Software Supply Chain Network Software Optimization Software Pricing Training 202

RFgen

JANUARY 18, 2024

TL;DR: This article provides a comprehensive guide on migrating to a cloud-based ERP (Enterprise Resource Planning) solution. The article also outlines the roles and responsibilities during the migration process, factors to consider when choosing the right ERP solution , and the critical steps involved in the migration process.

Supply Chain Planning Software 72

Supply Chain Planning Software Procurement Solutions Optimization Software Modeling Software 72

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

Enterra Insights

AUGUST 24, 2020

”[1] As a result of increased ecommerce, the digital path to purchase has become a high street for retail sales. explains, “As the path to purchase becomes increasingly digital-first, retailers’ mobile and ecommerce capabilities are taking center stage within the retail experience.”[2] ” Stage 5.

Procurement Analytics 100

Procurement Analytics Procurement Solutions Purchasing Skills Supply Chain Design Software 100

ToolsGroup

DECEMBER 10, 2023

Is AI our own enchanted solution It’s the holiday season, and while festivities may be muted publicly, I’ve still been enjoying lighting the tree, drinking mulled wine, and celebrating with loved ones at home. Delivering billions of packages around the entire world in one night? AI is a tool, not an all-knowing magical entity.

Modeling 156

Modeling Supply Chain Optimization Optimization Modeling Optimization Software 156