Logistics Viewpoints

JANUARY 4, 2023

ARC Advisory Group’s Global Warehouse Automation Research study is now complete and available for purchase. The research process includes an analysis of large amounts of information and interviews with executives from numerous warehouse automation providers; and concludes with the publication of ARC’s research study.

Supply Chain Software 257

Supply Chain Software Warehousing Supply Chain Planning Software Purchasing Skills 257

Ware2Go

NOVEMBER 15, 2021

Use this guide to understand warehousing services, prioritize service level agreements, and choose the right warehouse partner for your business. Table of Contents: What is Warehousing? What Is Warehousing? Types of Warehousing Services. By this definition, a warehouse would only provide inventory storage.

Warehousing 105

Warehousing Negotiating Skills Inventory Reduction Supply Chain Network Software 105

RFgen

APRIL 12, 2024

Managing inventory costs is a constant struggle. 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. Managing inventory costs is important because high inventory costs can erode the bottom line.

Inventory Reduction 76

Inventory Reduction Cost Reduction Strategies Purchasing Skills Optimal Sourcing 76

My Office Apps

DECEMBER 7, 2023

This is a common challenge faced by companies today, constantly looking for optimization and cost savings. Efficient procurement processes not only streamline your purchasing cycle but also lead to better inventory management and ultimately, reduced costs. One area with significant potential for improvement is procurement.

Inventory Reduction 86

Inventory Reduction Inventory Management Software Cost Reduction Strategies Optimal Sourcing 86

ToolsGroup

FEBRUARY 9, 2022

While some orders still delight, a few recent purchases have left me faltering when it comes to your customer experience. And now, you’ve decided to raise the price of my Prime subscription. Amazon Prime’s Price Increase: The Facts at a Glance. On February 3, 2022, Amazon announced its first price increase since 2018.

Purchasing Skills 296

Purchasing Skills Price Reduction Retail Supply Chain Planning Software 296

Precoro

AUGUST 31, 2023

To prepare for possible disruptions and to stay cost-efficient in general, companies should be conscious about their spending at all times, and should avoid paying for the things that don’t contribute to business profitability. Cost savings help a business to stay competitive in the market, boost cash flow, and improve the bottomline.

Material Savings 105

Material Savings Cost Reduction Strategies Expense Reduction Price Reduction 105

Precoro

OCTOBER 6, 2022

Thorough analysis allows procurement professionals to surface, visualize, and present purchasing patterns, which are then evaluated by the stakeholders. Procurement analytics, built on unbiased data, is often perceived as a single source of truth. How often do purchases happen? How often do purchases happen? By how much?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

Ware2Go

APRIL 13, 2023

On demand warehousing is challenging the traditional models of 3PL and in-house fulfillment solutions. Learn how you can free up working capital and grow your business with an on demand warehousing partner. What Is On Demand Warehousing? How Does On-Demand Warehousing Work? Watch LS2’s full story here.

Warehousing 52

Warehousing Negotiating Skills Modeling Demand Planning Software 52

Logistics Viewpoints

MAY 11, 2023

The concept of digital twins has emerged as a powerful foundational tool to drive improvements in warehouse productivity and efficiency. In the warehouse context, a digital twin can be created to represent the physical layout, inventory, equipment, and workflows of a warehouse. Physical change (i.e.,

Modeling 236

Modeling Analytics Software Supply Chain Design Software Optimization Software 236

Logistics Bureau

SEPTEMBER 4, 2023

Have you conducted a cost-to-serve (CTS) analysis for your enterprise? And that is the sole purpose of cost-to-serve analysis. If you were going to say, “What is a cost-to-serve analysis?” When costs begin to spiral out of control, the result is usually a loss of revenue in proportion to sales.

Negotiating Skills 74

Negotiating Skills Purchasing Skills Cost Reduction Strategies Analysis 74

RFgen

MARCH 20, 2023

Integrating purchasing and inventory control is critical for forward planning and forecasting in today’s economic climate. Automated technologies and mobile inventory management systems can help align teams around a single source of truth when making inventory decisions. Essential to this process is purchasing.

Sourcing Strategies 52

Sourcing Strategies Negotiating Skills Purchasing Skills Manufacturing Procurement 52

The Logistics & Supply Chain Management Society

MAY 28, 2022

In these times of global turmoil, there are five (5) important megatrends shaping supply chain innovations in the coming years, namely in e-fulfillment, sourcing, food and agriculture, labour intensive operations, and halal supply chain management. From global to local and regional sourcing. Marco Tieman – CEO, LBB International.

Innovation 244

Innovation Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Software 244

Unleashed

FEBRUARY 26, 2024

Warehouse inventory management is a sometimes complicated, always-vital process for managing a company’s physical goods. With the right approach, effective warehouse inventory management will help you increase productivity and profitability while keeping customers loyal and happy. What is warehouse inventory management?

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Material Savings 52

EazyStock

NOVEMBER 17, 2022

This year, purchasing teams are also facing continued challenges due to global supply chain and logistics pressures, component shortages, and soaring prices for electricity and fuel. The key is to keep track of your inventory planning and purchasing processes. Successful sales during this period come down to many factors.

Purchasing Skills 52

Purchasing Skills Procurement Solutions Warehousing Supply Chain Planning Software 52

EazyStock

NOVEMBER 17, 2022

This year, purchasing teams are also facing continued challenges due to global supply chain and logistics pressures, component shortages, and soaring prices for electricity and fuel. The key is to keep track of your inventory planning and purchasing processes. Redistribute inventory between warehouses.

Purchasing Skills 52

Purchasing Skills Procurement Solutions Warehousing Supply Chain Planning Software 52

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 221

Reverse Logistics Purchasing Skills Price Reduction Logistics Network Optimization Software 221

Unleashed

AUGUST 28, 2023

The cost of sales is an inventory accounting metric that measures the accumulated costs in getting finished goods to market. It represents your true cost of creating and selling a product. What is cost of sales? Cost of sales is the accrued total of all the costs of supplying a product.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Cost Reduction Strategies Examples 52

Logistics Viewpoints

SEPTEMBER 15, 2021

Earlier this month, I wrote an article about the diverse range of mobile warehouse robotics solutions available in the market today. I am going to take this opportunity to discuss in greater detail, from a capital investment perspective, how flexibility can increase the ROI of a warehouse capital investment. Adapting to Changes .

Supply Chain Software 211

Supply Chain Software Warehousing Modeling Scenario Planning 211

Logistics Viewpoints

FEBRUARY 9, 2023

There are 3 common myths when it comes to adding new voice solutions to existing host or warehouse management systems (WMS): The Legacy Myth – You need a Tier 1 WMS to use voice-directed mobile applications so you should replace your custom-built systems or upgrade your legacy WMS package before looking at other solutions.

Optimization Software 167

Optimization Software Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 167

Unleashed

OCTOBER 12, 2022

But what does ERP cost for an SME? On average SMEs should expect the monthly, per-user cost of cloud-based ERP to be US$114. Keep reading to learn more about how the costs of ERP break down, what ERP could do for you, and whether there are more cost-effective alternatives. HR, including onboarding and payroll.

Purchasing Skills 98

Purchasing Skills Negotiating Skills Inventory Management Software Pricing Training 98

ThroughPut

MAY 3, 2024

77% of the world’s largest ports are still facing backlogs, and that doesn’t just affect your logistics efficiency and costs, it impacts your entire supply chain and business. It’s not just about merely managing trucks and warehouses anymore; it’s about seeing the big picture (of your entire supply chain!)

Procurement Solutions 52

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

Unleashed

FEBRUARY 12, 2024

Inventory carrying cost is an essential figure to understand. With a simple calculation, you can understand what it costs to store and maintain goods. This article breaks down everything you need to know about inventory carrying cost, with examples and formulas for calculating it in your business.

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

RFgen

APRIL 28, 2023

Key Takeaways: Trimming labor costs must begin with an overall look at your business strategy and operational goals. When seeking to improve efficiency and optimize cost, solution-focused mobile technology can accomplish both. Labor costs have been, and continue to remain, a consistent cost challenge for many organizations.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Waste Reduction Expense Reduction 52

Unleashed

AUGUST 23, 2023

Warehouse management is the vital link between receiving goods from suppliers and delivering orders to your customers. In warehouse management, warehouse logistics ensures these processes are optimised to cut costs and boost efficiency. In this warehouse logistics guide: What is warehouse logistics?

Warehousing 52

Warehousing Logistics Network Optimization Software Supply Chain Design Software Inventory Management Software 52

Logistics Viewpoints

JUNE 8, 2023

Technology for All In a retail era dominated by e-commerce giants, customer expectations have shifted towards instant product delivery at no cost. Previously, only large companies such as Amazon and FedEx possessed the network and scale required for cost-effective same-day and next-day shipping.

Modeling Software 203

Modeling Software Optimization Software Supply Chain Network Software Logistics Network Optimization Software 203

Silvon Software

APRIL 23, 2019

Companies that focus on strategic sourcing can generate substantial economic value not just by eliminating waste, reducing costs and improving administrative efficiency, but also by building stronger supplier relationships that can make them more competitive, profitable and nimble. AT A HIGH LEVEL …. Influenceable and Managed Spend.

Purchasing Skills 72

Purchasing Skills Manufacturing Procurement Procurement Analytics Procurement Solutions 72

Unleashed

MARCH 16, 2021

Having grown sufficiently, you may find your SME business now has the need for a dedicated purchasing manager – and perhaps even a purchasing department. So if you’re a business owner who is wondering how to run a purchasing department, then check out our practical guide below. Goals of purchasing.

Purchasing Skills 59

Purchasing Skills Manufacturing Procurement Procurement Solutions Procurement Analytics 59

SYSPRO Smarter ERP

FEBRUARY 22, 2024

Many manufacturers struggle to optimize warehouse productivity and attract skilled employees. put annual warehouse turnover rates at 43 percent. An ERP system that incorporates a cutting-edge warehouse management system (WMS) can help you optimize processes, streamline workflows and decrease errors.

Manufacturing Procurement 116

Manufacturing Procurement Inventory Reduction Expense Reduction Waste Reduction 116

Unleashed

JUNE 8, 2023

Behind every successful product business is a thoughtful procurement strategy designed to optimise the supplier management and purchasing process. Procurement is the process of sourcing suppliers , negotiating sales terms, and purchasing the goods a company needs to run its daily operations.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Vendor Strategies Material Savings 52

Unleashed

DECEMBER 11, 2022

Efficient warehousing is all about knowing what’s working, what’s failing, and what can be improved. When you measure and analyse the right warehouse KPIs, you can make better-informed business decisions based on real data. In this guide to warehouse KPIs: What are ‘warehouse KPIs’ and why should you use them?

Warehousing 98

Warehousing Inventory Reduction Cost Reduction Strategies Inventory Management Software 98

Unleashed

JUNE 15, 2023

The Cost of Goods Sold formula is: Opening Inventory + Purchases + Production Costs – Closing Inventory = Cost of Goods Sold Below, we explain what the cost of goods sold (COGS) is, why it’s important for product businesses, and how to calculate COGS using the cost of goods sold formula.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Examples Cost Reduction Strategies 52

The Logistics of Logistics

JULY 12, 2023

He is skilled in building and leading high-performing teams that thrive on inclusion, collaboration, and engagement. Corey is also proficient in product development and management, successful contract negotiations, continuous improvements, emerging technologies, and cultivating key relationships and partnerships.

Negotiating Skills 215

Negotiating Skills Purchasing Skills Network Optimization Software Logistics Network Optimization Software 215

Ware2Go

MARCH 7, 2023

Looking for an ecommerce warehousing solution? Finding just the right ecommerce warehousing solution to stand up to customer expectations for 1 to 2-day delivery is one of the most important decisions an ecommerce seller will make for their business. Prioritize these three things for sustainable ecommerce growth.

Warehousing 52

Warehousing Inventory Reduction Expense Reduction Modeling Software 52

SCMDOJO

JULY 3, 2023

Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. Procurement training equips you to excel in the corporate world by teaching you everything from supplier dynamics to negotiating strategies.

Purchasing Training 78

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 78

ThroughPut

MARCH 27, 2024

Real-time visibility was lacking, be it in warehousing or transportation, due to which delivery delays were common. Besides, AI is helping retailers optimize inventory, warehouse and pricing. Dynamic Pricing If you want to adjust the prices of your products dynamically, AI tools are the best.

Case Study 52

Case Study Waste Reduction Inventory Reduction Price Reduction 52

Logistics Viewpoints

AUGUST 4, 2021

Supply chains around the country are in great need of warehouse and transportation workers. Just last month I noted that warehouse labor productivity was hindered extensively by COVID-19 and that 80 percent of ARC’s warehouse survey respondents anticipate an increase of order throughput volumes in 2021. Why is that? percent.

Supply Chain Software 231

Supply Chain Software Warehousing Real Estate Supply Chain 231

SYSPRO Smarter ERP

OCTOBER 9, 2023

Cost efficiency, quality management and traceability are major issues for companies in this region. Managing costs With the demand for fabricated metal products growing so much, production runs are increasing as are the costs. The significant cost items are labor, materials and machinery.

Manufacturing Procurement 111

Manufacturing Procurement Cost Reduction Strategies Purchasing Skills Quality 111