Logistics Bureau

NOVEMBER 26, 2024

Where the existing in-house operation is very inefficient, inappropriately resourced or could gain significantly from being incorporated into a larger operation, then of course savings may be possible. This is best achieved by open discussion and analysis of the activities and product volumes involved.

3PL 98

3PL Negotiating Skills Outsourcing Price Reduction 98

GlobalTranz

JANUARY 21, 2015

Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. Vendor Managed Inventory Model for Supply Chain Cost Reductions. The distributor maintains the inventory plan. What is Reverse Marketing?

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

Logistics Bureau

DECEMBER 22, 2024

Of course, the big challenge in this type of external benchmarking is obtaining the necessary data, since many companies are wary of sharing performance data with potential competitors. Of course, its also possible to add further tiers for even more granularity, but again, the more levels you have, the more complex your KPI solution.

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

EazyStock

JUNE 25, 2018

Inventory management. Automated inventory management is nothing new to huge, enterprise-sized companies. However, small- and mid-sized businesses have only recently been investing in this new automation for their inventory management – and many SMBs are still hesitant about investing in this new technology. The most surprising?

Supply Chain Software 66

Supply Chain Software Supply Chain Planning Software Inventory Reduction Inventory 66

Logistics Bureau

DECEMBER 6, 2024

This process involves handling returns, which can be due to various reasons, such as damage, defects, seasonal inventory, restock, salvage, recalls, or excess inventory. They may recall inventory from retailers or reprocess it because it has passed its sell-by date or demand is insufficient. Speed will be an important factor.

Reverse logistics 74

Reverse logistics Cost Reduction Vendor Strategies Inventory Reduction 74

Logistics at MPEPS at UPV

MARCH 31, 2019

Following an interesting course about Inventory Management, we received this phrase in a conclusion e-mail, that made me think. Indeed, there is no real solution or framework to optimize perfectly your inventory , unless you know how to predict the future and therefore I would love to meet you. AI, indeed, can be a great help.

Inventory Reduction 40

Inventory Reduction Inventory Optimization Software Course 40

Logistics Bureau

OCTOBER 9, 2023

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.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Design Distribution Networks 98

Ship Monk

FEBRUARY 9, 2024

Accurate data forecasting requires accurate data, robust data analysis tools, and people who understand how to use them. Of course, the more data you need and the more sophisticated your methods are, the more expensive demand forecasting becomes.

eCommerce 105

eCommerce Operations Inventory Reduction Modeling Software 105

Ship Monk

APRIL 30, 2024

(Strength, Weakness, Opportunity, Threat) analysis that will help you make your best, most strategic decisions for finetuning your operation through optimal order management. Inventory Management There are so many decisions to make when it comes to your ecommerce inventory. How much do I order?

Supply Chain Design Software 105

Supply Chain Design Software Supply Chain Planning Software Optimization Software Modeling Software 105

GlobalTranz

JULY 14, 2015

Take a look at how the IoT supply chain is changing the landscape in terms of equipment functionality, shipping processes, invoicing and payments, and analysis of trends. Cantaloupe System uses the IoT to help monitor the temperatures of their vending machines, detect thieves, and monitor inventory. IoT and Machine Functionality.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

IoT World Today

MAY 21, 2020

Supply chains will survive COVID-19, of course, but not without interim pain and structural change. To reduce costs and shipping delays, and to optimize inventory, manufacturers like his need to know precisely when, for example, to manufacture boxes that its retailer customer will use to ship the products it sells.

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 145

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Industries experienced severe operational and financial consequences with issues like supply shortages, supply and demand surges, inventory shortfalls and reduced productivity. It measures the amount of elapsed time from when an order is accepted to when the product is produced and entered into finished goods inventory.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 105

Logistics Bureau

JANUARY 7, 2020

Of course, it is helpful to have some statistics on hand to validate the statement above. Pioneered the use of vendor-managed inventory. Implemented cross-docking in its supply network to enable inventory reductions. Inventory shortages. If you want business success (and who doesn’t?), Long delivery lead times.

Supply Chain Design Software 111

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

Logistics Bureau

OCTOBER 20, 2021

“Paralysis by analysis” is a common term used to describe such a situation, and you can avoid it by monitoring a smaller number of carefully chosen KPIs. Finally, you have a problem with supply chain effectiveness, since the processes you have in place are ineffective in minimising inventory damages.

Supply Chain Design Software 98

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

Logistics Bureau

JUNE 15, 2017

Of course this requires reliable supply, good demand forecasting, good inventory management, good customer communications and many other elements to be in sync. This is often hard on the outbound side of course as in many industries customers are demanding smaller more frequent deliveries, in order to reduce their inventory holding.

Supply Chains 67

Supply Chains Scenario Planning Inventory Reduction Outbound 67

Log-hub

JANUARY 8, 2025

These tools can transform your supply chain, helping you predict inventory needs, automate repetitive tasks, and optimize delivery routes. Look into tools that help with inventory management or consider robotic process automation (RPA) for repetitive tasks. Why it matters? What can you do? Start small but smart. What can you do?

Optimal Sourcing 40

Optimal Sourcing Waste Reduction Inventory Reduction Resource Reduction 40

Logistics Bureau

MAY 31, 2021

Unless your company has already invested in the processes and technology to support the addition of online retail logistics to your channel strategy, attaining a single view of your inventory and customers could prove difficult. You will probably find, from your initial analysis, that your cost-to-serve follows the 80/20 rule.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

Logistics Bureau

NOVEMBER 16, 2020

You could be particularly numerate, or into analysis. If university study is a little beyond you right now, one of the certification courses might work better for you. Certified in Logistics, Transportation, and Distribution : This course comprises an in-depth study of a wide range of supply chain and logistics topics.

Supply Chain Planning Software 98

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

GoShip Blog

JULY 7, 2021

To effectively get this done, you must conduct a thorough risk analysis to figure out the weakest links in your supply chain. It will also be best to build up your inventory and find backup suppliers from different locations in the event of a disruption. The first step is to create a supply chain emergency plan and budget.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 98

Logistics Bureau

FEBRUARY 7, 2022

Of course, a lack of support from universities means that there are no locally produced supply chain professionals. However, I think the only way to make meaningful progress in these geographies is, of course, to have local talent there all the time helping to solve these problems. Kenya is a big exception.

Supply Chains 98

Supply Chains Course Manufacturing Procurement Video 98

Ship Monk

APRIL 5, 2024

Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. SRM is more than a one-and-done analysis. Taking a collaborative approach with suppliers can help your business innovate, find better products and solutions, reduce inventory costs, and work around future problems. If so, good on you!

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 105

Ship Monk

JUNE 16, 2021

Grab your favorite pair of sneakers and allow us to run you through six suggested courses of action. Refresh Your Inventory. With that in mind, it makes sense to stir up some serious sales action by refreshing your inventory selection, whether that be by adding new products or breathing new life into old ones. Ready, set, go! #1.

eCommerce 91

eCommerce Inventory Reduction How To After-sales 91

MTS Logistics

MAY 17, 2023

Some of the new changes include better, modernized inventory management platforms used internally at Amazon, quicker delivery times, and more literal capacity. First reported by the Wall Street Journal last week, it’s clear that Amazon is not content with two-day or one-day shipping and wants even faster delivery times.

Inventory Reduction 104

Inventory Reduction Resource Reduction Trends Course 104

Logistics Bureau

NOVEMBER 14, 2018

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. It can of course also be used to make an already profitable relationship even more profitable! This sounds like common sense.

Purchasing Skills 93

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 93

Blue Grace Logistics

JULY 27, 2021

Approaching a demand analysis with historical data and seasonal variations is no longer competent. Brand identity, interactive marketing campaigns and differential lifestyles complicate a perfect trend analysis model. Combining regular data analysis with human touch and giving context to these results will create meaningful decisions.

Procurement Analytics 62

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

FLS Transport

MARCH 18, 2021

These laws would classify workers as an “employee” of the company unless that worker performs a service “outside the usual course of the business of the employer.” Another round of stimulus has passed, inventories remain decimated and economies are recovering as states reopen. As such – the freight market continues to boom.

Freight 98

Freight Price Reduction Inventory Reduction Cost Reduction 98

Logistics Bureau

MAY 24, 2019

The company was replenishing dealers’ inventory weekly, using direct shipment and cross-docking operations from source warehouses located near Deere & Company’s manufacturing facilities. The only option was to try to reduce levels of inventory, which, up to that point, had been kept very high to support a nine-week order cycle.

Cost Reduction 77

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 77

Ship Monk

MARCH 30, 2024

In a nutshell, ShipMonk’s proprietary 3PL software offers you mastery of: Order Management Inventory Management Warehouse Management Fulfillment Automation Market Integrations All Order Data (Real-time and Historical) Add to that, when using ShipMonk 3PL software, you’ll always have complete transparency and access to customer support.

3PL 105

3PL Supply Chain Design Software Optimization Software Supply Chain Software 105

Logistics Viewpoints

MARCH 21, 2021

The skills enhancement program, dubbed Strategic Capabilities Planning, will include a mix of internally supply chain programs, systems education and external APICS courses – APICS is now part of the Association for Supply Chain Management. They soon saw that by repositioning inventory they could solve all their problems except for one.

Supply Chain Planning Software 126

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 126

WorkWave

MAY 24, 2024

Of course topics like due diligence, deal structure and valuation matter, but are there other variables you should be factoring into the equation outside of the money? With a background in playing professional soccer with MLS’s FC Dallas, Cano brings a unique strategic perspective to corporate development and financial analysis.

Negotiating Skills 98

Negotiating Skills Buyer Training Purchasing Skills Modeling Software 98

Logistics Bureau

NOVEMBER 12, 2024

Another key factor in warehouse-design planning is the quantity of inventory you intend to hold, either in an existing or new facility. 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.

Modeling Software 72

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

GlobalTranz

NOVEMBER 17, 2016

Inventory location and management. Each of these elements more traditionally handles by outsourcing analysis of processes to supply chain consultant. Demand forecasts. The quantity of each product. Raw material suppliers and logistics. Transportation modes used in procurement and shipping. Distribution of goods prior to purchase.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Software Procurement Solutions Supply Chain Design 115

Logistics Bureau

OCTOBER 2, 2016

Inventory shortages. For example, supplier performance issues can cause problems with inventory, order fill; on-time delivery performance and customer-order lead times. Supply chain outlay can make up a large proportion of product costs, while excessive inventory in the system can tie up working capital and stifle cash flow.

Supply Chain Design Software 99

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 99

Logistics Bureau

JULY 18, 2022

Inventory levels. Step 2: Gap Analysis – Customer Requirements and Supply Chain Trends. Now you know what your customers genuinely expect from your outbound and reverse supply chain, so it’s time to undertake a gap analysis. Step 2: Gap Analysis – Customer Requirements and Supply Chain Trends. Delivery time windows.

Inventory Reduction 98

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 98

FreightWaves SONAR

MARCH 18, 2021

Limited insight into inventory demands resulting in problems procuring raw materials The manufacturing supply chain depends on the availability of raw materials to create and distribute goods and products. So, it’s equally valuable to know the constraints and to apply data to overcome them with mini-bids.

Manufacturing Procurement 91

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 91

Material Handling and Logistics

AUGUST 31, 2018

Of course, the investment is intended to impact the bottom line, but when employees feel that their organization cares about them and wants to make their lives better, they want to reciprocate and are more invested in the organization’s success. To simplify the issue, just think about how you can help current employees be successful.

Supply Chain Design Software 145

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 145

Logistics Viewpoints

SEPTEMBER 1, 2023

Global trade has eased as warehouse inventories of retailers and manufacturers remain elevated,” Port of Los Angeles Executive Director Gene Seroka said. It has classrooms, virtual reality simulators and an indoor driving course, complete with facades of porches and parking lanes. Last July, the port processed 935,423 TEUs.

Logistics Network Optimization Software 117

Logistics Network Optimization Software Purchasing Skills Negotiating Skills Price Reduction 117