This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
To address these issues, companies are adopting innovative strategies, including dynamic route optimization, real-time tracking, and even leveraging emerging technologies like drones and blockchain. By tracking these metrics over time, organizations can pinpoint areas for improvement and tailor their strategies accordingly.
Image source: iStocks | The Ultimate Guide to Fleet Management: Strategies to Control and Optimize Your Processes Investing in a fleet management system results in an improvement in internal processes, which directly reflects the quality of the service provided to the end customer. How does a fleet management system work?
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?” Only a complete cost-to-serve analysis will expose these underlying issues unless they happen to be discovered incidentally.
Quality and Detail of Data and its Analysis In some of our earlier posts, weve stressed the importance of simplicity in distribution network design , and we will return to that topic later in this article. It’s not a short list, so we’ll set it down here as a summary to help you with plans for analysis.
As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy.
This article describes how to incorporate simulation techniques into optimization, build a stochastic optimization model, and end up with a more resilient supply chain model. That strategy can lead to thousands of scenarios, and still no number of scenarios will answer all questions. But it has gaps.
Impact of Policy Proposals: An Industry-Specific Analysis 1. Wages: Wage inflation may still occur due to a growing labor market and higher demand for services, which may result in cleaning companies needing to adjust pricing strategies to mitigate labor cost increases. economy rather than keeping them in foreign accounts.
However, the impact of logistics on strategy is just as significant and ultimately more profound. Logistic systems and supply chains, and the concepts that drive their formation, are as influential on strategy at least as much, if not more, than strategy should be in determining them. By David Beaumont. ” [1] .
Original article: Cost of Warehouse Management System Software. You are Making Significant Logistics Strategy Changes : When you realize that your current WMS cannot support new processes effectively or at all. But that analysis must be married with expected benefits to fully understand the value each WMS vendor will bring.
We continue our series on the most read articles from the Cerasis blog for 2015 today by featuring any of the blogs in the transportation management or transportation categories. . We've already listed the top 10 manufacturing articles, the top 10 supply chain articles, and yesterday, the top 10 logistics articles.
If somebody does a Google search, perhaps you want them to be directed to a relevant article on your website. Logistics companies that I talk to want to move to lead generation before they nail the strategy. It’s really all about the strategy. We’re helping them with strategy and every aspect down to execution.
The Wall Street Journal’s recent analysis of retailers’ logistical challenges highlights the appeal and success of alternative solutions to traditional warehousing in retail and beyond. We’ve rounded up the key insights from the article below. Scalability is a huge component of alternative strategies. Visibility is also vital.
Topic: Prepping for Peak: How to Level-up your CX Strategy this holiday season. Retailers and shippers must adapt their strategy to ensure they get the right product, to the right place at the right time to meet the high expectations of consumers/customers. Description: .
50 Most Read Articles of All Time From the Cerasis Blog. We will feature the 50 most read articles of all time from the Cerasis blog by covering the 50th most read counting down to the most read blog of all time. Without any more words or ado, here are the 50 most read articles from the Cerasis blog of all time!
Key Takeaways from This Article: COVID-19 has unveiled the fragility of a global supply chain predicated on lowest-cost principles. Practitioners must develop a data analytics strategy that gives them insight into supply chain aberrations before catastrophe sets in. “If Erratic consumer demand adds further dysfunction.
Single Source of Truth — When inventory is coming and going from all directions, order and inventory data is synced to a central platform for easy monitoring and analysis. For a Closer Look, Check out These Blog Articles: 3PL Automation: Inside Modern Fulfillment Center Machinery 3PL Automation vs Technology: What’s the Difference?
At the next Logistics Bureau Free Executive Breakfast (which will take place in August), I’ll be discussing the alignment of supply chain and business strategy along with eight other important levers for supply chain performance improvement. The Failing Kmart Business Strategy. The first Kmart store opened way back in 1962.
A logistical analysis and important tips for businesses. This article considers some of the indicators to consider if outsourcing might be the solution for your needs. Of course, there are those who have an aggressive business strategy right from the outset. There are two sides to the cost-benefit analysis.
In this article, we will delve into strategic ways for warehouse managers to eliminate waste, with a focus on not only optimizing the use of cartons and packing, but labor resources and warehouse space as well. Another key strategy is right-sizing cartons to match the specific dimensions of the products being shipped.
The automation opportunity is not only for laborers, but also for knowledge workers who spend an inordinate time preparing data and running reports rather than conducting higher-value analysis and planning. Companies are changing their hiring strategies to attract workers. Retention strategies are also changing to keep workers.
In this article, we take a closer look at maritime competition in Asia by examining the maritime picture for 2021-2024, using indicators such as maritime connectivity, port throughput, and container fleet size. As expected, this analysis reveals why China stands out as the most powerful maritime nation by a significant margin.
Fifty-two percent of respondents are working on individual digital projects but lack an overarching strategy that links all these efforts. According to a Forbes article, BD managed a number of disruptions seamlessly , including a rudder problem with a cargo ship that resulted in 28 BD containers being thrown overboard.
What is a supply chain strategy? A supply chain strategy explains how a company will bring goods into the business and get them out to customers as effectively as possible. Considering every phase in the supply chain, such as sourcing goods, logistics and delivery, the strategy optimizes operations to reduce costs and maximize profits.
This moment goes beyond analysis and reflection; it is the right opportunity to redefine strategies and outline new plans that not only drive results but also guarantee a prominent place in the market. Being aware of innovations enables you to anticipate market trends, optimize operations, and provide a unique client experience.
Quality and Detail of Data and its Analysis In some of our earlier posts, we’ve stressed the importance of simplicity in distribution network design , and we will return to that topic later in this article. It’s not a short list, so we’ll set it down here as a summary to help you with plans for analysis.
In this article, Professor Burcu Keskin from University of Alabama will share 7 supply chain trends that working professionals should watch. Monitoring and analysis of this data may provide opportunities to intervene before issues becomes major problems. This article originally appeared at SupplyChainOpz. 3) Risk Management.
This article will explore the role of pest control drones, highlighting their advantages, challenges, and impact on the industry. This proactive approach reduces the reliance on intensive control measures, allowing for more efficient pest management strategies. Get Started With Pest Control Software!
A thorough analysis of Design for Manufacture and Assembly (DFMA) is just one tactic you can use to find success within the constructs of the chain. This post was inspired by the great article we found over at DesignNews titled, " Is DFMA the Way Forward for Reshoring Efforts? " Assembly Analysis. Manufacturing Analysis.
Image source: PxHere | Mastering Demand and Inventory Planning: Essential Strategies for Success Have you ever thought about how businesses effectively satisfy customer demand and maintain supplied inventory? This article contains useful information on how to integrate the operations and sales departments in a demand planning process.
The tips in this article will help you know how to identify the customers, products, and processes that might be inflating your cost to serve (CTS) unnecessarily. Detailed cost-to-serve analysis can be complex and time-consuming, so it’s a good idea to break the task down by priority and target specific areas on which to concentrate.
A year before, in 2014, a Harvard Business Review article pointed out that supply chains were becoming increasingly global and complex and consequently more at risk than before. Unfortunately, the state of disruption to the current landscape has never been contemplated and very few strategies exist to navigate it.
Bottom line, it’s great to say you want to have a commerce-enabled site, but before jumping to the technology stage, what is your strategy? The Cerasis “e-commerce” blog category has great articles on developing your strategy. Conduct a customer analysis. Acquisitions / Consolidation.
As youll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, weve discovered that many companies lack a defined and documented supply chain strategy. A company without a supply chain strategy is at a competitive disadvantage.
And yet Jerry Peck, the vice president of product strategy for global trade and transportation execution at QAD, made the point that when global companies think about digital supply chains, global trade compliance is often not part of their thinking. An inverted tax strategy can magnify the landed cost differential.
It’s true that the major issues in the supply chain—which were confirmed through MH&L ’s workforce survey process and published in an earlier article —are nuanced. The collection, access, analysis and utilization of data must be a primary consideration, not an afterthought. In the supply chain, problems are often overcomplicated.
However, the impact of logistics on strategy is just as significant and ultimately more profound. Logistic systems and supply chains, and the concepts that drive their formation, are as influential on strategy at least as much, if not more, than strategy should be in determining them. Supply routes to Afghanistan and Iraq, 2011.
In this article, we will explore various alternative strategies that businesses can employ to navigate challenges and strengthen their resilience. For those unable to adjust their logistics strategies in time, the economic repercussions could be severe, affecting everything from consumer goods availability to industrial production.
The post-COVID-19 (if we can claim to be post COVID) “new normal” will continue to be defined by new challenges and more importantly by the ability of the supply chain executives to manage disruption and their ability to power organization strategy and growth.
The following text is of a presentation given at a 2019 Wiliams Foundation conference, ‘Sustaining self-reliance’ As the original article cannot be found on other sites, it is provided here with some slight adjustments.
Key takewways in this article are the following: As technology and geopolitical risks converge, cyberthreats of all kinds become more prevalent and costly, from ransomware to trade-and-tariff wars. Organizations need to build supply chain resiliency into their strategies in the face of an increasingly connected world with new attack vectors.
Too much leads to resources being monopolised on gathering tons of data and a subsequent risk of “paralysis by analysis” Cost to Serve (CTS) is an approach that helps you avoid both extremes. Knowing your CTS per product and per customer also lets you better control different commercial strategies.
It Analyzes Data Across the Full Network to Enable Financial Planning and Strategy. As a result, faster fulfillment and greater transparency are achieved thanks to better data analysis. It can also enhance forecasting in terms of inventory, transportation, and production plans. It Tracks Shipments From Cradle to Grave.
If it’s been more than six months, then you’ve stumbled upon the right article. The bottom line is this is a reactive strategy focused on individuals’ tasks. Are your current strategies effective? While a siloed strategy may have made sense for you at one point, companies grow and change. Can they be measured?
Of course this stage of planning can become pretty complex, and it will often pay to seek advice from equipment suppliers or even engage a consulting firm to help you develop your storage strategy. Identify Bottlenecks : Pinpoint areas where operations slow down or become inefficient, and develop strategies to address these issues.
We organize all of the trending information in your field so you don't have to. Join 84,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content