Logistics Bureau

AUGUST 2, 2021

The price you pay your vendors for their products is a significant factor in your company’s ability to compete in its market. Here, we’re talking about all your vendors. Purchase order cycle time is a KPI that measures the elapsed time between raising a requisition request and the transmission of the purchase order to the vendor.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

Logistics Bureau

APRIL 8, 2016

The Key Supply Chain Challenge of Cost Reduction. If net profit on sales is 5%, for example, a reduction in supply chain costs from 9% to 4% (or from 12% to 7%) will double net profits. This is the big attraction and importance of cost reduction in a supply chain: profits can be increased without having to increase sales.

Cost Reduction 61

Cost Reduction Material Savings Inventory Reduction Price Reduction 61

Logistics Bureau

JANUARY 7, 2020

Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. In other words, the majority did not recognise the need for close alignment between supply chain and general business strategies.

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 111

Logistics Bureau

NOVEMBER 9, 2020

Key Cycles to Target for Working Capital Reduction. By shrinking one or more of these cycles, you can impact the cash conversion cycle positively and reduce the need for working capital. How to Reduce Cycle Times. You can reduce handling by: Automating your warehouse processes. These are: Customer orders. Supplier leads.

Material Savings 98

Material Savings Vendor Strategies Inventory Reduction Supply Chain Software 98

Logistics Bureau

NOVEMBER 6, 2023

Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency. There are several possible ways to eliminate this form of energy wastage.

Cost Reduction 98

Cost Reduction Purchasing Skills Waste Reduction Material Savings 98

Logistics Bureau

JANUARY 20, 2025

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.

Inventory Reduction 40

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 40

Logistics Viewpoints

FEBRUARY 28, 2022

Supply chain vendors have been touting their investments in artificial intelligence (AI) for the last several years. Alex Pradhan, Product Strategy Leader John Galt Solutions, told me that “all planning vendors have bold marketing around AI.” Machine learning is being used to predict machine breakdowns.

Supply Chain Planning Software 141

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 141

Logistics Bureau

AUGUST 7, 2023

In this article, we’ll look at some of those challenges and explore potential solutions to help you and your IM team meet the burgeoning demand for fast and accurate order fulfilment. Warehouses full to the brim and laid out in a disorganised manner. Specific products subject to over and understocking. Book a free consultation.

Inventory Reduction 98

Inventory Reduction eCommerce Inventory Procurement Solutions 98

Logistics Bureau

OCTOBER 10, 2022

Those are the precise questions we’ve set out to answer in this article. Before we look at the barriers to optimal inventory and the possible ways to eliminate or overcome them, let’s be clear on what inventory optimisation means—because misconceptions do abound. Reduce Lead Time to Aid Inventory Optimisation.

Inventory Reduction 105

Inventory Reduction Inventory Optimization Modeling Optimization Software 105

Logistics Viewpoints

JULY 23, 2024

This article comes from Greg Quirk, Product Marketing Manager at Kinaxis and looks at AI in supply chains. And, alongside your internal experts, collaborating with an established supply chain technology vendor offers invaluable expertise in identifying the precise data sets necessary to unlock the potential of AI in your supply chain.

Optimal Sourcing 124

Optimal Sourcing Supply Chain Software Supply Chains Data 124

Logistics Bureau

NOVEMBER 12, 2024

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. This involves using data and simulation tools to identify areas for improvement and implement changes that enhance efficiency and reduce costs.

Modeling Software 72

Modeling Software Supply Chain Design Software Supply Chain Planning Software Optimization Software 72

Trinity Logistics

AUGUST 3, 2021

A TMS is a software program that allows you to manage your entire supply chain, including your internal logistics department, suppliers, warehouses, carriers, vendors, etc. If you’re reading this article, more than likely you’re interested in a TMS but are hesitant. GET MY FREE SUPPLY CHAIN ANALYSIS.

Supply Chain Design Software 139

Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software Procurement Solutions 139

3PL Links

DECEMBER 2, 2022

We will address the following topics in this article: Inbound logistics definition and significance. Strategies for efficient inbound logistics that you can use in your business. Inventory control: Managing storage procedures to reduce time, resources, and expenditures. Allows for performance analysis.

Inbound 62

Inbound Sourcing Strategies Material Savings Inventory Reduction 62

GlobalTranz

MARCH 27, 2018

If you are the owner of a logistics business or in the role of a logistics business manager then make sure to read on as this article will give you the best insights to optimize your business to make the most out it. You must know that it’s unwise to depend on only one supplier or vendor. Analysis and Improvisation. Plan Ahead.

Supply Chain Planning Software 72

Supply Chain Planning Software Logistics Network Optimization Software Optimization Software Vendor Strategies 72

WorkWave

MAY 30, 2024

From selecting the right suppliers to fostering strong partnerships, this guide will provide valuable insights and strategies for field service organizations looking to enhance their supplier relationships. It involves effectively collaborating with vendors to ensure a reliable and high-quality supply chain.

Negotiate Pricing 52

Negotiate Pricing Vendor Strategies Negotiating Skills Material Savings 52

Logistics Bureau

JANUARY 3, 2018

Ask questions later” approach to multi-channel and omnichannel strategies in their haste to avoid losing sales to ecommerce giants like Amazon. Omnichannel supply and the new “I want it now” consumer culture will be strong drivers of supply chain trends in 2018, including those already mentioned in this article.

Supply Chain Design Software 81

Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software Supply Chain Design 81

Conger

JULY 30, 2021

In this article, you’ll learn: The definition of omnichannel distribution. Top challenges and the steps for adopting an omnichannel distribution strategy. 4 Steps for Adapting to an Omnichannel Distribution Strategy. Then, a seller uses a third-party vendor to ship the items to the buyer’s home. Let’s get started!

Inventory Reduction 52

Inventory Reduction Distribution Vendor Strategies Waste Reduction 52

Conger

JULY 16, 2021

In this article, we show you the biggest warehouse automation trends in 2021 that could change your warehouse operations. The goal of warehouse automation systems is to eliminate labor-intensive and time-consuming duties. Digital automation refers to the use of software and electronics to reduce reliance on manual labor.

Automation 59

Automation Vendor Strategies Trends Expense Reduction 59

GoShip Blog

APRIL 11, 2025

They think like a partner, not a vendor. In this article, we’ll break down what freight brokers do, what to look for when selecting one, and how to ensure they meet the unique needs of your business. This reduces delays and improves decision-making. You didnt start your business to become a logistics expert.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Negotiating Skills How To Freight 52

Ship Monk

APRIL 28, 2023

In addition to satisfying conscientious consumer demand, eco-friendly efforts can benefit your ecommerce business by reducing waste within your company and improving operational efficiencies. Translation: these ecommerce businesses have operating standards that minimize or reduce negative impact on the planet.

eCommerce 97

eCommerce Waste Reduction How To Material Savings 97

10xLogistics

OCTOBER 7, 2017

Drop Ship: In Amazon's statements what is also clear is they want to control the drop ship experience from vendor's warehouses. In this case the consumer orders from Amazon, the order is passed to a vendor, the vendor maintains the inventory and warehouses it but a Amazon truck picks it up and delivers to the customer.

Vendor Strategies 54

Vendor Strategies Inventory Reduction Purchasing Logistics Network Optimization Software 54

Log-hub

SEPTEMBER 17, 2024

in this article, we will discuss about the features of demand planning & policy-based planning. Distinctive Characteristics of Demand Planning and Policy-Based Planning Data analysis and demand forecasting are crucial factors for managing inventory and supply chain operations in an efficient way.

Inventory Reduction 40

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 40

GlobalTranz

DECEMBER 18, 2014

Specifically, fabricators are expecting to spend a good deal less on consumables and supplies (down almost 30 percent) and more on capacity-building machinery, especially in cutting and forming. This has sent some of them to vendor showrooms seeking new, capacity-building equipment. Preparing for the Unexpected.

Manufacturing Procurement 94

Manufacturing Procurement Tips Purchasing Skills Sourcing Strategies 94

Logistics Bureau

NOVEMBER 16, 2020

You are not alone, especially as in the time since we first penned this article, one huge and unforeseen event has raised awareness of the global importance of this vital sector—and shown it to be an attractive career choice. You could be particularly numerate, or into analysis. Review and streamline transport strategies.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 98

3PL Links

JULY 7, 2023

The Role of Data Analytics in Supply Chain Management | Image source: Pixabay This article describes the transformation that data analysis and the supply chain are fostering and how it will impact business intelligence. Intelligence-driven businesses are interested in supply chain management and data analysis.

Supply Chain Software 48

Supply Chain Software Supply Chains Data Logistics Network Optimization Software 48

Blue Grace Logistics

SEPTEMBER 15, 2022

When facilities are receiving a range of raw materials and components from multiple vendors, the complexities of inbound shipping can quickly derail the best production and distribution process. Successful inbound programs start with a good vendor routing guide. Equally important is to monitor and assure vendor compliance.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chains Meeting 62

Logistics Business Magazine

MARCH 1, 2022

This article, supplied by FreightPOP , has the answers. SAAS TRANSPORTATION MANAGEMENT : The ubiquity of high-speed internet allowed for Software as a Service (SaaS) offerings, eliminating the capital investment needed for expensive mainframes and outsourcing the responsibility for software upgrades and hardware maintenance.

Optimization Software 53

Optimization Software Logistics Network Optimization Software Supply Chain Software Resource Reduction 53

Logistics Bureau

JULY 18, 2018

This article was first published in the July / August 2018 issue of MHD Supply Chain Solutions. A plan is necessary, possibly based on one of the following strategies. Reverse Logistics Strategy 1: Don’t do it! IT vendor Dell, for example, handles requests for returns via its support organisation.

Reverse logistics 53

Reverse logistics Vendor Strategies Logistics Network Optimization Software Supply Chain Design Software 53

Conger

DECEMBER 13, 2022

You’re in the right place because in this article you’ll learn: The 4 types of warehouse management systems. Some vendors offer supply chain module WMS to support SCM, including vendor relationships, risk evaluation, business processes, and warehousing features. Also, some ERP vendors may offer a WMS solution as an add-on.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Optimization Software Modeling Software 52

Logistics Bureau

FEBRUARY 21, 2017

At the same time though, the MRO arena is becoming ever more competitive, making reduced working capital investment a highly desirable goal. For best results, software applications should be able to create forecasts based on causal factors , rather than historic data analysis. The Challenges of MRO Inventory Purchasing. Item value.

Inventory Reduction 45

Inventory Reduction Inventory Procurement Solutions Manufacturing Procurement 45

Logistics Bureau

APRIL 4, 2022

At Logistics Bureau, we want to help you with that, so we’re publishing this brief guide to help you if you haven’t already included freight benchmarking in your management strategies or want to benchmark more effectively than you are now. There are several advantages to understanding your freight costs compared to the market generally.

Negotiating Skills 96

Negotiating Skills Logistics Network Optimization Software Purchasing Skills Supply Chain Planning Software 96

RPA Labs

AUGUST 20, 2020

RPA can also improve the user experience for your employees, eliminating redundancy and busy-work from their 8-to-5 lives. “In Vendor selection. Ryder began implementing RPA in 2017 to manage manual, repetitive tasks within the company’s transportation management system (TMS), according to a recent article in Forbes.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Supply Chain Software Optimal Sourcing Optimization Software 40

Logistics Bureau

JANUARY 1, 2025

ABC Analysis: A form of Pareto analysis applied to a group of products to enable selective inventory management controls. ABC Classification: The classification of inventory, after ABC analysis, into three basic groups for the purpose of stock control and planning. De-Coupling Stock.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 76

FreightWaves SONAR

JULY 10, 2023

This includes sourcing materials, working with vendors, managing warehouses and transportation, and coordinating with retailers to ensure they can meet the changing demands of consumers while remaining profitable. Businesses are prioritizing the speed of data propagation within their supply chains. and Target Corp. and Target Corp.

Data 52

Data Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 52

Supply Chain Brain

APRIL 4, 2018

In this article, we will endeavor to make clear distinctions between direct observations and speculation. Specifically, they are inferring pose for articulated motion analysis in crowded scenarios. They don’t want to make it easy for competitors to reverse engineer their technology. Potential Impact on Loss Prevention and Shrink.

Analysis 40

Analysis Modeling Software Supply Chain Design Software Supply Chain Planning Software 40

Conger

JANUARY 3, 2019

Reduce SKU Quantities to Minimize Overloading. This strategy helps maximize the space you already have in your warehouse and you’ll minimize the chance of misplacing the smaller items since they’ll all be together. You could sell them for a huge discount, donate them to charity or see if they could be returned to the vendor.

Tips 69

Tips Efficiency Inventory Reduction Material Savings 69

Globalior

JUNE 26, 2020

Procurement: Procurement may be able to work from home, however a big part of a procurement executive’s job is vendor management which is best done face to face. Data Analysis: Some data analysts will do well working from home. However in many companies, a data analyst also has to do extensive data entry.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 52