Logistics Bureau

APRIL 3, 2023

Across our many blog posts, videos, webinars, eBooks, and other shared content, you’ll find a wealth of information about various aspects of outsourcing in the supply chain. However, I can’t recall writing a general guide about exploiting outsourcing opportunities to improve your supply chain.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

Unleashed

FEBRUARY 12, 2023

To stay on top of your financials, there are a few key cash flow metrics and KPIs you can track that will help you make the right decisions and avoid insolvency or liquidation. Learn more: Inventory Accounting: A Video Guide for Accountants & Advisors What are cash flow metrics? Here’s a look at our top seven.

Procurement Analytics 52

Procurement Analytics Metrics Expense Reduction Inventory Reduction 52

Logistics Bureau

SEPTEMBER 21, 2020

In logistics and supply chain management, however, transport and warehousing are the most significant sharing processes thanks to a welter of economic benefits for all parties—and the trend is accelerating despite the dampening effect of the COVID-19 pandemic. Why Businesses, Large and Small, Think it’s Fair to Share.

Supply Chain Design Software 84

Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics Software Demand Planning Software 84

Unleashed

OCTOBER 16, 2023

Raw material inventory management oversees the procurement, handling, and storage of raw materials. It encompasses the processes involved in purchasing, tracking, consuming, and relocating raw materials. This is achieved through accurate demand planning and effective warehouse management.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Logistics Viewpoints

NOVEMBER 30, 2020

On November 18 th , Target Corporation reported its third quarter earnings. In one article from a few years ago a pundit said, “The dirty little secret about omnichannel that is not getting nearly enough attention – omnichannel can cost a lot more than simply running stores.” A buyer now “purchases for one business.”

Procurement Analytics 130

Procurement Analytics Forecasting Inventory Reduction Eliminating Excel in Purchasing 130

Unleashed

FEBRUARY 12, 2024

This article breaks down everything you need to know about inventory carrying cost, with examples and formulas for calculating it in your business. What is inventory carrying cost? Storage costs Storage costs are the direct costs you have to pay to keep unused inventory on your premises.

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

ShipBob

SEPTEMBER 20, 2021

For many growing and established direct-to-consumer (DTC) brands alike, the supply chain is the most critical but also most challenging aspect of their operations. . The process involves complex steps, from procurement, to shipping products to end users, often resulting in a lack of visibility and high operational costs.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 52

Supply Chain Game Changer

JULY 16, 2020

Subscribe to Supply Chain Game Changer. Digital Supply Chain Overview! Digital Supply Chain evolve article and permission to publish here provided by Megan R. People often position the digital supply chain as essential for helping today’s businesses succeed. Email Address.

Supply Chain Planning Software 124

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Supply Chain Network Software 124

Unleashed

JANUARY 29, 2024

It helps to reduce your inventory costs , improve operational efficiencies, enhance customer experience, and increase your sales and profit margins. Using metrics such as inventory turnover rate , sell-through rate, and gross margin return on investment allows you to monitor your inventory performance more effectively.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

Unleashed

AUGUST 29, 2023

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. The purchasing manager can then create a purchase order for the required goods and send it to your supplier.

Inventory Management Software 52

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

SCMDOJO

APRIL 15, 2024

This system uses giant warehouses, lots of trucks, and even cool robots to move things quickly. We’ll look at their warehouses, their delivery tricks, and even how they use new technology to make things faster. Pharmacy: Amazon Pharmacy – Online service for purchasing prescription medications with home delivery.

Logistics Network Optimization Software 79

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 79

Enterra Insights

JUNE 1, 2021

You are sharing your one-of-a-kind digital footprint with the world through images, videos and chats that detail likes, dislikes, emotions and opinions.”[2] 4] • Forecasting : Paul Winsor ( @PaulWinsor1969 ), general manager of retail at DataRobot, observes, “The really impactful part [of cognitive analytics] is around forecasting.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Analytics Software Supply Chain Software 130

Supply Chain Game Changer

NOVEMBER 15, 2018

Procurement professionals have the same question looming over their head on a daily basis: “How do you plan on dealing with digitalization?”. Recently I had the pleasure of attending EBG Network’s 8th Annual Source to Pay Summit, which gathered some of the Nordic’s largest organizations and procurement profiles. around the globe?—?and

Procurement Solutions 53

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Planning Software 53

Supply Chain Game Changer

OCTOBER 1, 2019

Subscribe to Supply Chain Game Changer. The Digital Supply Chain (SC 4.0) But in the area of Supply Chain, which truly spans the entire operations of most any company, these technologies provide the platform to totally redefine how the work of Supply Chain is conducted every minute of every day.

Supply Chain Planning Software 82

Supply Chain Planning Software Supply Chain Software Analytics Software Predictive Analytics Software 82

RFgen

JUNE 11, 2017

Consumers now have a variety of outlets through which they can purchase products – be it in store, online or directly from the warehouse – and data collection provides details on the very latest buying habits and customs retailers can draw upon to increase sales. Shoppers Spend More When Product Videos Are Used.

Video 52

Video Retail Miami Inventory Management Software 52

RFgen

JUNE 11, 2017

Consumers now have a variety of outlets through which they can purchase products – be it in store, online or directly from the warehouse – and data collection provides details on the very latest buying habits and customs retailers can draw upon to increase sales. Shoppers Spend More When Product Videos Are Used.

Video 52

Video Retail Miami Inventory Management Software 52

Ware2Go

OCTOBER 22, 2021

Learn how to mitigate and avoid dead stock through strategic warehousing and inventory management to lower fixed costs, combat supply chain disruptions, and overcome current peak season challenges. Within the retail industry alone, estimates indicate that dead inventory costs nearly $50 billion year-over-year.

Inventory Reduction 98

Inventory Reduction Negotiating Skills Cost Reduction Strategies Inventory Management Software 98

Enterra Insights

AUGUST 16, 2022

.”[1] For all practical purposes, the last mile begins when products arrive at the warehouse, which has sparked great interest warehouse space. Real estate journalist Will Parker ( @_willparker_ ) reports, “The last mile in the e-commerce delivery process looks like a windfall for real-estate owners. As Robert J.

Innovation 130

Innovation Supply Chain Planning Software Waste Reduction Supply and Demand 130

Enterra Insights

AUGUST 16, 2022

.”[1] For all practical purposes, the last mile begins when products arrive at the warehouse, which has sparked great interest warehouse space. Real estate journalist Will Parker ( @_willparker_ ) reports, “The last mile in the e-commerce delivery process looks like a windfall for real-estate owners. As Robert J.

Innovation 130

Innovation Supply Chain Planning Software Waste Reduction Supply and Demand 130

Supply Chain Game Changer

NOVEMBER 18, 2018

Blog post originally published by, and permission to publish here provided by, Argentus a boutique recruitment firm focused on Supply Chain and Procurement. Check out Food Waste and World Hunger – The Food Supply Chain is Broken! in the U.S., and expected to reach $24.5B

Negotiating Skills 56

Negotiating Skills Purchasing Skills Pharmaceutical Agile and Lean Supply Chain 56

GlobalTranz

JANUARY 4, 2016

We kick off today a month-long focus on trends in the following categories: Manufacturing, Manufacturing Technology, Supply Chain, Logistics, and Transportation Management. 2016 Supply Chain Trends: The First 7 of 12. What 2016 Supply Chain Trends to you expect to see?

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 120

Bristlecone

OCTOBER 29, 2020

There’s more to supply chain transformation than systems integration. For one manufacturing client, a recent diagnostics assessment identified key opportunities in supply chain planning process improvements, logistics optimization and reporting enhancements. PURCHASE ORDER ACCRUALS. Watch Video.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Design Software Modeling 52

Unleashed

OCTOBER 27, 2021

Global supply chain disruption, rapid technological evolution, changing buying and selling habits – wholesale distributors have had to deal with some rapid and radical changes over the past couple of years. That said, as we’ll see in the other trends in this report, COVID-19 has also been a transformational turning point.

Inventory Management Software 97

Inventory Management Software Forecasting Software Predictive Analytics Software Analytics Software 97

CH Robinson Transportfolio

JUNE 9, 2022

In your personal life, you can use a variety of devices to make purchases—from your phone to your smart TV, it’s all possible within whatever device you’re using. In fact, today you can procure freight rates from your transportation providers right in your TMS. Why supply chain connectivity is important. Low volume lanes.

Supply Chain Planning Software 70

Supply Chain Planning Software Demand Planning Software Analytics Software Optimization Software 70

Enterra Insights

JUNE 24, 2022

The following video provides a quick lesson about how barcodes work. Whether in a retail store or a warehouse, associates simply swipe the barcode across the scanner. This cuts down on both inventory carrying costs and obsolete inventory, which boosts long-term profitability.” ”[3].

Supply Chain Design Software 130

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 130

Supply Chain Game Changer

SEPTEMBER 17, 2019

Subscribe to Supply Chain Game Changer. Imagining the Supply Chain of the Future! Mike Mortson was recently interviewed by Oracle as a part of their Global Supply Chain Influencer program. This article was posted on Oracle’s Supply Chain Management blog. Email Address. Mike Mortson.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 59

Unleashed

FEBRUARY 14, 2024

It also helps you to manage your supply chain and avoid material waste by tracking how long it takes to produce a product. In accounting, finished goods inventory is the specific number of inventory or manufactured items that you currently have in stock available for customers to purchase.

Inventory Reduction 52

Inventory Reduction Inventory Manufacturing Procurement Inventory Management Software 52

Talking Logistics

DECEMBER 16, 2015

And more companies are treating Supply Chain Design as a continuous business process instead of a standalone project or a once-a-year exercise (see Supply Chain Design: Growing Scope, Community, and Collaboration ). Making supply chain and logistics predictions is like throwing darts at a moving target.

Predictive Analytics Software 120

Predictive Analytics Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 120

Unleashed

FEBRUARY 21, 2024

If you’re selling products, your customers should feel confident that they can negotiate with you in the event their purchased goods arrive damaged, incorrect, or are no longer required. A system should be set up for tracking key returns metrics, such as the rate of return, refund rate, exchange rate, and time per return.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Cost Reduction Strategies Material Savings 52

Unleashed

FEBRUARY 8, 2024

Inventory tracking is an important element of inventory management because it helps you to optimise your supply chain , reduce costs, and increase revenue. These interruptions can affect the products’ availability and quality, resulting in extended lead times and higher costs.

Inventory Management Software 52

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

Logistics Bureau

NOVEMBER 23, 2020

These are the A-lines and should be prioritised in the warehouse. In a Supply Chain Secrets YouTube video, Kieran Hogan says he has been in the industry pretty much his entire working life and hasn’t seen any place yet where this rule—or something close to it— doesn’t apply. They are: 1) Observe ABC Classification.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Forecasting 52

Logistics Bureau

SEPTEMBER 4, 2023

With that question answered, I’m giving the rest of this article over to highlighting several business and supply chain issues, which, if you are experiencing them in your enterprise, are potent indications that CTS analysis should be on your agenda —for execution at the soonest. I’d wager not.

Negotiating Skills 74

Negotiating Skills Purchasing Skills Cost Reduction Strategies Analysis 74

SCMDOJO

DECEMBER 18, 2023

Predictive Management Utilization: Utilize predictive management techniques to optimize resource utilization, cut costs, and minimize the time required for issue resolution. Determine average inventory levels as part of the annual stocking procedure, contributing to cost containment through effective inventory management.

Inventory Reduction 63

Inventory Reduction Optimal Sourcing Expense Reduction Vendor Strategies 63

Locus Robotics

JULY 5, 2019

As the CEO of Locus Robotics, I often get asked a very simple question by supply chain executives, operators, analysts, press and investors. Is deploying warehouse robotics to automate piece picking for fulfillment operations at an inflection point? Rick Faulk, CEO Locus Robotics. My answer is “absolutely not.”

Warehousing 40

Warehousing Cost Reduction Strategies Vendor Strategies Price Reduction 40

Logistics Bureau

OCTOBER 6, 2017

Some Quick and Easy Tips for Supply Chain Cost Reduction. Supply Chain Cost Reduction. Reducing Supply Chain Cost may not be as ‘hard’ as it seems. In the World of Supply Chain, things are mostly not complicated. Don’t Permit Scenario 1 in Your Supply Chain.

Cost Reduction Strategies 40

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 40

GlobalTranz

DECEMBER 7, 2015

A recent report by Frost & Sullivan, “The Future of Parts and Service Retailing in the Automotive Aftermarket” , predicts that by 2025, 10 to 15 percent of all global parts sales will be made online. Advanced Analytics Continue to Get a Bigger Plate at the Manufacturing Dinner Table. Increasing Equipment Uptime.

Manufacturing Procurement 120

Manufacturing Procurement Analytics Software Trends Supply Chain Design Software 120

Enterra Insights

JANUARY 31, 2023

The Future of Online Grocery Shopping Applebaum reports, “The trajectory of grocery e-commerce sales over the past two years is marked by several peaks and valleys, many of which were driven by factors directly related to the pandemic (vaccination rates, the delta and omicron surges, etc.). Gender Differences. Increased Automation.

Omnichannel 130

Omnichannel Predictive Analytics Software Price Reduction Inventory Reduction 130