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 75

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 75

ThroughPut

MAY 3, 2024

It’s not just about merely managing trucks and warehouses anymore; it’s about seeing the big picture (of your entire supply chain!) It helps coordinate the various supply chain activities, which include the complete range of procurement, development, implementation, commercialization, and delivery of the goods or services to the market.

Procurement Solutions 52

Procurement Solutions Logistics Network Optimization Software Supply Chain Planning Software Prescriptive Analytics Software 52

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

In Malaysia, CEVA Logistics worked closely with L’Oréal , a major producer of luxury and consumer products, to develop a social initiative of providing jobs for the hearing impaired at our warehouse since June 2020. We also look to reduce or eliminate the use of plastic packaging. Photo Credit: United Airlines.

Resource Reduction 242

Resource Reduction Supply Chain Planning Software Global Supply Chain Software 242

GlobalTranz

JUNE 15, 2018

An effective warehouse management strategy is key to staying competitive and meeting consumers’ expectations in the omnichannel world. To understand this paradox, warehouse managers need to understand the pitfalls of omnichannel warehouse management and how to develop a winning strategy. Download white paper.

Omnichannel 125

Omnichannel Inventory Reduction Warehousing Resource Reduction 125

GlobalTranz

SEPTEMBER 23, 2021

The added strain on resources is on track to force high freight volumes to continue well into the next year. Fewer labor resources are available to meet the rising demand in both the warehouse and in transit. ? Fewer labor resources are available to meet the rising demand in both the warehouse and in transit. ?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

RFgen

APRIL 30, 2024

These systems not only streamline inventory control, but also transform warehouse processes into a powerful tool for competitive advantage. Imagine the impact on your operations if you could all but eliminate stockouts and overstocks. Or reduce carrying costs. Or have reliable visibility at all times.

Inventory Management Software 79

Inventory Management Software Inventory Reduction Supply Chain Planning Software Optimization Software 79

6 River Systems

NOVEMBER 1, 2022

Efficient, streamlined logistics operations play a critical role in meeting consumer demand, increasing customer satisfaction and ultimately, reducing operational costs. In this article, we’ll discuss four ways to improve retail logistics to reduce operational savings, including: Implement resilient strategies.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Resource Reduction Optimal Sourcing 52

RFgen

APRIL 12, 2024

Between rising costs for materials and endemic labor shortfalls in the warehouse, many supply chain professionals may feel trapped in an endless cycle of shrinking profit margins. Even the initial purchase of inventory triggers a cascade of additional expenses, like shipping, handling, taxes, and so on.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Purchasing Skills Optimal Sourcing 75

SCMDOJO

NOVEMBER 9, 2023

The primary goal of inventory control is to reduce the costs associated with holding stock. Furthermore, implementing the right Inventory Control Techniques can help reduce storage costs. Warehousing expenses are often variable and depend on the amount of inventory stored.

Inventory Reduction 80

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 80

Logistics Viewpoints

FEBRUARY 8, 2022

Manufacturers, retailers and their logistics partners often managed supply and demand volatility by shifting scarce inventory among stores or distribution centers, or investing in expedited freight charges, without considering the real implications of these strategies on their long-term profitability. While driving a projected $14.1

Logistics Network Optimization Software 187

Logistics Network Optimization Software Optimal Sourcing Supply Chain Planning Software Modeling 187

GlobalTranz

AUGUST 18, 2021

Focus on Carrier Procurement and Management. Since a transportation management services provider’s whole business is transportation, any selection process must also focus on what that entity does to procure and manage its carriers. However, cloud-based systems can leverage APIs to provide seamless data sharing and reduce rework.

Logistics Network Optimization Software 309

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Optimization Software 309

GlobalTranz

SEPTEMBER 12, 2016

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. Although procurement logistics might sound like it involves the purchasing of manufactured products , it is much more involved. The Definition of Procurement Logistics.

Manufacturing Procurement 120

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 120

Logistics Bureau

APRIL 3, 2023

If you’re a decision-maker with accountability for your organisation’s entire supply chain, and you’re just starting to think about outsourcing, perhaps to reduce costs or improve service, this post should prove well worth the few minutes it will take you to read it. What Can You Outsource, and What Should You Outsource?

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

6 River Systems

NOVEMBER 8, 2022

Warehousing can be a challenge for manufacturers and retailers of all sizes. And besides, how many growing companies have the deep pockets to fund these expenditures or even the in-house expertise to get a warehouse up and running? If you’ve been wondering how 3PL warehouses work, let’s take a closer look at their operations.

Warehousing 52

Warehousing 3PL Manufacturing Procurement Optimal Sourcing 52

The Logistics & Supply Chain Management Society

JULY 14, 2021

I used to design enterprise resource systems (ERP) systems, and the first ones weren’t very powerful. We had to break them up into a lot of different modules, such as production management, order management, procurement, MRP, etc. You also eliminate fake delivery lead times going downstream which lead to poor decision making.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Network Software Optimization Software Network Optimization 130

QAD

JANUARY 19, 2023

Supply chain management (SCM) is essential to any business strategy. This process covers anything in direct relation, from individual employees to organizations, information and resources. Used to cut costs and maximize efficiency, supply chain trends cater to every business. Let’s dive in.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 94

Logistics Viewpoints

MAY 6, 2022

Empty shipping containers stack up at US port depots. Warehouse vacancy rates sink to 27-year low. The initiative will eliminate 20 million manual scans daily for UPS employees loading its package cars. Using RFID tags will also help UPS in its goal of eliminating $500 million in non-operating costs this year, according to Tomé.

Logistics Network Optimization Software 221

Logistics Network Optimization Software Negotiating Skills Manufacturing Procurement Negotiate Pricing 221

SCMDOJO

DECEMBER 18, 2023

In the world of manufacturing and maintenance, effective spare parts management is essential for maximizing equipment uptime and reducing costs. Let’s explore the key strategies to ensure your maintenance operations run smoothly. Minimizing Operational Costs: Strategic spare parts management helps cut down on extra expenses.

Inventory Reduction 63

Inventory Reduction Optimal Sourcing Expense Reduction Vendor Strategies 63

ThroughPut

SEPTEMBER 27, 2021

A Demand-Driven Inventory Plan enlists both strategy and execution for resilience and profitability in the midst of economic upheaval. Planning for demand while ensuring order fulfillment and waste elimination are the components of a successful replenishment plan. Warehouse Stock Levels. Warehouse Stock Levels.

Inventory Reduction 52

Inventory Reduction Vendor Strategies Optimal Sourcing Modeling 52

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. Shipping items back and forth creates needless greenhouse gas emissions, and only 54% of all packaging gets recycled.

Supply Chain Planning Software 193

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

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. Reduced storage and supplier costs. SKU rationalisation is the process of analysing and your product portfolio.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

Supply Chain Game Changer

OCTOBER 8, 2019

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. Why is this relevant?

Waste Reduction 63

Waste Reduction Inventory Reduction Resource Reduction Price Reduction 63

ShipBob

DECEMBER 25, 2023

It can happen simply due to ineffective planning, risk management, warehouse use, or sourcing strategies. For instance, a business that doesn’t use supply chain convergence might manually keep track of its inventory, use a third-party platform to source its product, use another platform for shipping, etc.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Inventory Management Software Supply Chain Software 52

SYSPRO Smarter ERP

APRIL 13, 2022

Even before the pandemic, global supply chain were fragile thanks to factors such as the US-China trade war, less efficient shipping routes and a huge drive to cut costs by consolidating loads. Supply chain survival strategies that manufacturers and distributors can leverage.

Supply Chain Planning Software 111

Supply Chain Planning Software Price Reduction Cost Reduction Strategies Material Savings 111

ShipBob

DECEMBER 13, 2023

Optimized storage space: Prevents overstocking, maximizing warehouse utilization. Reduced spoilage and obsolescence: Critical for perishable or trend-sensitive products. Holding costs Holding costs are the expenses related to storing unsold inventory, including warehousing, insurance, and depreciation.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Inventory Management Software 52

GlobalTranz

APRIL 7, 2017

In addition, you can use an inbound logistics program to reduce higher-cost shipments through freight consolidation and backhaul shipping, opening the door to even lower rates than you have previously negotiated with your carrier. Immediate Notification of Delays and Status Updates Eliminates Uncertainty.

Vendor Strategies 139

Vendor Strategies Cost Reduction Strategies Inventory Reduction Resource Reduction 139

ShipBob

OCTOBER 1, 2021

This question is at the heart of any lean supply chain strategy. By implementing the right process improvements, technology, and efficiency optimizations, merchants can create a lean supply chain that: Significantly cuts their logistics costs. Reduce inventory waste. Speeds up order processing and fulfillment.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

ShipBob

NOVEMBER 24, 2023

It’s a strategy that categorizes inventory based on factors like demand patterns, lead time, value, and more. Although inventory segmentation may not be on the radar of many ecommerce businesses, it’s a key component to achieving an optimized warehouse. This is where inventory segmentation can help. What is inventory segmentation?

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Sourcing Strategies Inventory Management Software 52

SYSPRO Smarter ERP

OCTOBER 9, 2023

For labor and machinery, it is important that the shop floor is running efficiently and close to capacity and that resources are being used effectively. Understanding material costing requires information about procurement activities and how long materials linger in inventory before they are used to generate revenue.

Manufacturing Procurement 111

Manufacturing Procurement Cost Reduction Strategies Purchasing Skills Quality 111

OptiProERP

MARCH 15, 2022

This process includes developing strategies for the allocation of machinery, human resources, and production material. It ensures raw materials, machines, and resources are available to produce finished products on time. . A production schedule succeeds when execution results in reduced errors and on-time deliveries.

Manufacturing Procurement 78

Manufacturing Procurement Optimal Sourcing Material Savings Resource Reduction 78

Unleashed

APRIL 21, 2024

This guide breaks down the order processing steps and definition, and then explores a few helpful strategies for improving it. Once confirmed, the ordered items are picked from your inventory, sorted, packed, and shipped to the customer. Shipping: The order is handed over to a delivery service. What is order processing?

Inventory Management Software 52

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

ModusLink Corporation

NOVEMBER 18, 2021

The approach of “ Just in time ” and “ supply chain management ” focused on optimizing efficiency and reducing waste. But at that time, the reduction of waste was mainly due to economic reasons, not environmental.This was because waste means greater economic loss. A great example would be today’s prominence of climate change.

Waste Reduction 78

Waste Reduction Sustainability Material Savings Supply Chain Planning Software 78

ThroughPut

OCTOBER 16, 2022

Therefore organizations which have a replenishment planning approach with a demand-driven module, ensures inventory optimization , reduces rework, and eliminates bottlenecks in the supply chain to enhance resilience. Optimized Warehouse Management. Why demand – driven replenishment? Process-Oriented Replenishment.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Modeling Supply Chain Planning Software 52

Ware2Go

FEBRUARY 20, 2023

Learn how to implement digital supply chain solutions that improve efficiency, reduce costs and increase customer satisfaction. They can also include technologies like automation, robotics, and artificial intelligence to streamline processes and reduce costs.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Supply Chain Optimization 98

SCMDOJO

JULY 24, 2023

It involves outsourcing logistics activities, such as warehousing, transportation, distribution, inventory management, and order fulfillment, to a dedicated logistics service provider. They can be trucking companies, airlines, shipping lines, or rail operators, depending on the mode of transportation chosen for the specific shipment.

Logistics Network Optimization Software 91

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 91

GlobalTranz

FEBRUARY 20, 2018

However, logistics focuses expressly on the movement and storage of products, while the supply chain goes into deeper detail, including manufacturing processes, procurement, and the flow of goods. The short answer is: not a heck of a lot! More Companies Will Explore In-House Last-Mile Delivery Solutions. Drivers credentials must be verified.

Logistics Network Optimization Software 181

Logistics Network Optimization Software Supply Chain Planning Software Demand Planning Software Analytics Software 181

Supply Chain Matters

NOVEMBER 14, 2023

Rivian Automotive is now free to sell its EV parcel vans to other parcel carriers, and added reinforcement from multiple ocean container shipping carriers that the existing industry volume declines could extend for two to three years. It further follows an announcement from Toyota earlier this month that most of this automaker’s U.S.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Cost Reduction Strategies 52