Locus

JUNE 30, 2023

Plenty of cost-cutting strategies are being employed by Supply Chain Management leaders, but the potential long-term implications often remain unseen. Speaking of implications, let’s delve into the top cost cutting strategies that businesses implement but could negatively impact supply chain performance: 1. Achieving 99.5%

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Resource Reduction Price Reduction 52

Enterra Insights

JUNE 6, 2023

Supply Chain Planning and Digital Twins Chap Achen , Vice President of Product Strategy & Operations at Nextuple, explains, “A digital twin allows a business decision-maker to test and validate a complete set of strategies and objectives across teams and make smart decisions that improve the customer experience and maximize profitability.”[1]

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 130

GlobalTranz

MARCH 1, 2021

To reap the rewards of a data-driven e-commerce returns strategy, logistics leaders should follow these steps: Keep all stakeholders working together and sharing the right information with related communications via API-integrated systems. Continuously measure performance with returns key performance indicators.

Real-time Visibility 285

Real-time Visibility Cost Reduction Strategies Resource Reduction Supply Chain Optimization 285

SCMDOJO

AUGUST 4, 2023

If so, then it’s time to consider the numerous benefits of reducing inventory. In this article, we’ll explore seven compelling reasons why you should reduce inventory and how it can be a game-changer for your business. But when should you consider reducing inventory? The same applies to inventory reduction.

Inventory Reduction 93

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 93

GlobalTranz

FEBRUARY 24, 2021

Among these, an integrated return management strategy can make or break successful operations. Use Real-Time Data to Inform Your Returns Management Strategy. However, not all supply chains have the capacity or resources to aggregate the massive stores of data available. Disruptions constitute a significant factor.

Supply Chain Planning Software 276

Supply Chain Planning Software Inventory Reduction Supply Chain Software Cost Reduction Strategies 276

Logistics Viewpoints

MARCH 21, 2022

Blue Yonder recognized the need to transform into a Partner First organization as part of its core growth strategy. I talked with Umar Ausaf – Blue Yonder’s General Manager for North America Partner Success and Bill Beecher – VP for Global Alliances at Blue Yonder – about this change to their strategy. The transition is not easy.

Vendor Strategies 202

Vendor Strategies Resource Reduction Supply Chain Strategy Supply Chain Planning Software 202

Enterra Insights

JUNE 3, 2022

When a person hears the term “strategy,” they often think about military operations. ” A strategy is a plan of action that helps get you to where you want to go. .” ” A strategy is a plan of action that helps get you to where you want to go. Developing an Effective Logistics Strategy.

Sourcing Strategies 130

Sourcing Strategies Resource Reduction Cost Reduction Strategies Logistics Network Optimization Software 130

ToolsGroup

SEPTEMBER 13, 2023

A high performance inventory strategy focuses on optimizing inventory levels and minimizing costs while ensuring product availability and safeguarding the customer experience. And we’ve got tons of helpful resources and customer stories for you to explore. This strategy comes with big payoffs centered around efficiency gains.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Optimization Inventory Reduction Supply Chain Planning 156

Logility

AUGUST 18, 2023

However, achieving this critical alignment often stumbles over familiar hurdles: A limited understanding of supply chain operations at the executive level, objectives that diverge between strategy and operations, gaps in communication, a lack of shared KPIs, and the relentless pace of market changes.

Supply Chain Planning Software 186

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Performance 186

Precoro

AUGUST 31, 2023

However, achieving significant cost savings is not always easy — it requires a comprehensive approach that involves more than just cutting expenses. In this blog post, we'll go over everything you can do to reduce company expenses.  Keep Companies can cut costs in various ways.

Cost Reduction Strategies 95

Cost Reduction Strategies Material Savings Expense Reduction Inventory Reduction 95

OptiProERP

SEPTEMBER 22, 2022

Most manufacturers look to streamline systems, reduce production costs, and increase profitability without sacrificing product quality. Often, the quickest and easiest way to cut costs is by accepting minimum quality levels or reducing employees. How Can You Reduce Manufacturing Costs? Step 3 – Cost Analysis.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 52

Logistics Viewpoints

JULY 12, 2022

This practice is typically owned by the sales and/or marketing organization, which is why it is so important for transportation and logistics departments to have input into customer service strategies. These strategies, however, need sales and marketing consent to implement. This is where finance can help.

Cost Reduction Strategies 271

Cost Reduction Strategies Material Savings Price Reduction Resource Reduction 271

EazyStock

AUGUST 21, 2020

So it makes sense to look for ways to reduce inventory and keep levels under control! What are the potential cost savings from inventory reduction? There are many financial benefits to introducing stock reduction strategies – in particular focusing on your excess and obsolete items.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Price Reduction Resource Reduction 52

Logility

MAY 3, 2021

While sales and operations planning (S&OP) is critical to the creation of an overall business strategy to maintain a competitive edge, sales and operations execution (S&OE), along with a process to support it, should also be a top priority for your organization. S&OP Defined. This keeps operational costs optimized.

Inventory Reduction 246

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 246

GlobalTranz

APRIL 30, 2021

CVSA-certified inspectors will commit a blitz of inspections across North America, creating a sudden strain on resources for both domestic and cross-border freight. The best way to avoid disruption is to source and have readily available resources to expand capacity at a moment’s notice. What Can Shippers Do About the Safety Blitz.

Waste Reduction 297

Waste Reduction Resource Reduction Capacity Supply Chain Design Software 297

SCMDOJO

FEBRUARY 20, 2023

Don’t forget to check out our best practices , tools , and a list of helpful supply chain resources on the website! To get ahead in today’s competitive marketplace, distributors must remain on the cutting edge of innovation and stay up-to-date on new developments.

Inventory Reduction 106

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 106

The Logistics of Logistics

SEPTEMBER 24, 2021

Amazon’s Retail Strategy with Rick Watson. Rick Watson and Joe Lynch discuss Amazon’s retail strategy. Upon fulfilling the transition obligations of Merchantry to Tradeshift, Watson directed the cross-border product strategy of Pitney Bowes, a $450M business, comprised of Borderfree and the eBay Global Shipping Program.

Inventory Reduction 130

Inventory Reduction Resource Reduction Retail Logistics Network Optimization Software 130

Logistics Viewpoints

AUGUST 24, 2022

I was also able to interview Brent after his session to get a little more insight on how Qualcomm dealt with the Covid-19 pandemic, what it means for the semiconductor chip shortage, and where the company is going with its digital transformation strategy. One of the biggest issues was the labor shortage during Covid.

Sourcing Strategies 213

Sourcing Strategies Material Savings Resource Reduction Supply Chain Strategy 213

ToolsGroup

APRIL 4, 2023

By land, by air, by sea – transit organizations know the competition is fierce for retaining customer loyalty, requiring inventory management strategies that balance consumer needs with sustainability initiatives and business goals. These companies understand that one bad experience could jeopardize future sales.

Inventory Reduction 156

Inventory Reduction Waste Reduction Supply Chain Planning Software Cost Reduction Strategies 156

DELMIA Quintiq

DECEMBER 9, 2020

Climate change continues to accelerate and the negative impact on natural resources continues. Trane Technologies faces these unprecedented global challenges with a bold strategy and a commitment to building a healthier planet and a sustainable world. Our world is dealing with unprecedented challenges.

Waste Reduction 317

Waste Reduction Supply Chain Design Software Cost Reduction Strategies Supply Chain Planning Software 317

ToolsGroup

OCTOBER 10, 2022

As a plethora of challenges continue to haunt the supply chain, getting a handle on the risks to the business is a step in the right direction—one of the keys to developing a successful inventory control strategy. Inventory Control: 7 Strategies to Ensure High Service Levels and Maximum Profit. Be Strategic About What You Order.

Inventory Reduction 156

Inventory Reduction Manufacturing Procurement Cost Reduction Strategies Supply Chain Planning Software 156

Supply Chain Game Changer

JANUARY 19, 2022

Strategies to improve your Supply Chain article and permission to publish here provided by Claire Glassman. The supply chain is a significant part of your overall business strategy and inventory management. The council also helps in eliminating barriers within the company. The post 7 Strategies to Improve Your Supply Chain!

Supply Chain Strategy 109

Supply Chain Strategy Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 109

The Logistics of Logistics

MARCH 13, 2021

Sourcing Strategy: Effective vs Efficient with Ron Crabtree. Joe Lynch and Ron Crabtree discuss sourcing strategy: effective vs efficient. When developing a sourcing strategy, the focus can be effectiveness (gaining desired results) or on efficiency (reducing cost, labor, and resources used). About Ron Crabtree.

Sourcing Strategies 130

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Price Reduction 130

RFgen

MAY 10, 2023

Greater efficiency helps reduce costs and improve profit margins, giving you the edge over competitors. But how do you reduce inventory costs and maximize profit margins? Let’s explore some proven strategies to help you turn ballooning overhead costs into greater profit and ROI. Often, you will find room for improvement.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Price Reduction Vendor Strategies 52

Logistics Viewpoints

AUGUST 16, 2023

It’s good to see these companies recognizing the impact of climate change, and changing their policies, sourcing, and manufacturing practices to reduce emissions. Clearing land and cutting down forests can also release carbon dioxide. For example, the Inflation Reduction Act (IRA) was signed into law a year ago this week.

Supply Chain Strategy 207

Supply Chain Strategy Supply Chain Resource Reduction Supply and Demand 207

The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

Unlike many of the large logistics providers, they operate on thin margins and generally considered to have limited resources to devote to decarbonizing their operations. Unlike their customers, usually large shippers with their own sustainability strategies and targets that often span their entire supply chain.

Resource Reduction 237

Resource Reduction Cost Reduction Strategies Freight Supply Chain Software 237

Supply Chain Game Changer

NOVEMBER 14, 2018

Certainly we should all reduce, reuse and recycle and it applies everywhere! As such we have the direct or indirect ability to take actions which can promote environmental sustainability, reduce carbon footprint impacts, and drive the creation of the Green Supply Chain. Supply Chain Carbon Footprint Reduction.

Waste Reduction 59

Waste Reduction Material Savings Resource Reduction Cost Reduction Strategies 59

ThroughPut

DECEMBER 4, 2022

This ensures enhanced stock availability and reduction of lost sales. Adopt these 5 Data-driven demand forecasting and replenishment planning Strategies for end-to-end supply chain efficiencies. These replenishment planning strategies can help in the long term-. Reduced run-hours powered with replenishment and fulfillment.

Inventory Reduction 52

Inventory Reduction Forecasting Cost Reduction Strategies Resource Reduction 52

Unleashed

JANUARY 25, 2023

In these tricky times, smart cash flow management strategies are essential to bring down costs (or push profits) in controllable areas, offsetting international instability. This is achieved through the implementation and continued improvement of cash flow management strategies. To improve cash flow, process optimisation is necessary.

Material Savings 98

Material Savings Inventory Reduction Cost Reduction Strategies Price Reduction 98

Supply Chain Matters

JULY 15, 2022

This week, the company announced a reversal in manufacturing and supply chain strategy, as well as a major turnabout. Supply chain strategy, process, talent and enabling technologies each play important roles. Change of Leadership and Overall Business Strategy. Added Perspectives.

Supply Chain Strategy 105

Supply Chain Strategy Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 105

Supply Chain Game Changer

NOVEMBER 19, 2022

When two companies decide to combine their talent and resources in order to engage in larger markets, you will often find that a merger is on the table. Read on to learn about the five strategies you can use for a successful merger or acquisition. The post 5 Strategies for a Successful Merger or Acquisition!

Resource Reduction 105

Resource Reduction Supply Chain Strategy Supply Chain Planning Software Price Mitigation Strategies 105