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

JANUARY 7, 2020

Of course, it is helpful to have some statistics on hand to validate the statement above. 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. What’s wrong with this picture?

Supply Chain Design Software 111

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

Ship Monk

APRIL 5, 2024

The process involves collecting quantitative and qualitative data concerning vendor-provided goods and services, and analyzing this data for opportunities to improve (or reasons to end) the relationship. Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. If so, good on you!

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 105

Logistics Bureau

APRIL 3, 2023

If you’re a decision-maker with accountability for your organisation’s entire supply chain, and you’re just starting to think about outsourcing, perhaps to reduce costs or improve service, this post should prove well worth the few minutes it will take you to read it. What Can You Outsource, and What Should You Outsource?

Outsourcing 98

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 98

GlobalTranz

NOVEMBER 17, 2016

The most common complaint of newer companies using big data analytics capabilities tends to revolve around traditional questions of business strategy. Consider the following elements explains John Richardson of Inbound Logistics, that impact business strategy. Increasing order efficiency. Demand forecasts. The quantity of each product.

Supply Chain Design Software 115

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

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

GlobalTranz

JULY 6, 2017

Additionally, robotics can help reduce the workload on employees. This pairs well with omnichannel sales strategies as well. All vendors should know their responsibilities, as defined by the inbound freight management guide. Proper training reduces delays caused from temporary workers not understanding how your facility runs.

Optimization Software 69

Optimization Software Vendor Strategies Tips Distribution 69

Logistics Viewpoints

FEBRUARY 28, 2022

Supply chain vendors have been touting their investments in artificial intelligence (AI) for the last several years. In the course of updating our annual research on the supply chain planning market , I talked to executives across the industry. There were only a few SCP suppliers with mature capabilities in this area a few years ago.

Supply Chain Planning Software 141

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

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

JULY 18, 2022

Products, of course, can be picked up at the branches. This is an important analysis tool for maintaining a well-run supply chain. It examines the skills of the people on the team, the process, technology, and strategy associated with supply chain design. Across the US, Ferguson has 6.5 Coupa’s maturity model is quite detailed.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 120

Logistics Bureau

AUGUST 7, 2023

Standardise and Digitise The key to managing complexity, of course, is to be organised. You’re ordering more stock than you need so you can meet vendor minimum order quantities. The ecommerce logistics practitioner must instead integrate reverse logistics into his or her company’s inventory management strategies and processes.

Inventory Reduction 98

Inventory Reduction eCommerce Inventory Procurement Solutions 98

Logistics Bureau

OCTOBER 10, 2022

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. At this point, perhaps you’re wondering if we’re suggesting you reduce your service levels to lower the amount of inventory you hold.

Inventory Reduction 105

Inventory Reduction Inventory Optimization Modeling Optimization Software 105

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. Identify Bottlenecks : Pinpoint areas where operations slow down or become inefficient, and develop strategies to address these issues.

Modeling Software 72

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

FreightWaves SONAR

APRIL 8, 2021

Predictive data analysis allows managers to tweak and adjust route optimization and shipping protocols to accommodate market demands. Consumers today want to do business with businesses that share their values and passion, and reducing carbon footprint impacts is one way to align with consumer interests.

Optimization Software 98

Optimization Software Optimization Data Supply Chain Planning Software 98

AIMMS

JULY 15, 2019

While I’d be first to concede that there are some incredible S&OP tools out there (I particularly admire Kinaxis and OM Partners), it’s incredible that we can play on the same pitch with these large COTS vendors so quickly. Analytics will play an increasingly important role in S&OP . A focus on Digital Twins .

Supply Chain Planning Software 107

Supply Chain Planning Software Scenario Planning Modeling Software Gartner 107

Blue Grace Logistics

JULY 21, 2020

It’s about understanding why key stakeholders which should include, vendors, purchasing, customer service, sales, are making the decisions that they do and how those decisions affect your supply chain. Of course, the first step in this process is often the most daunting. Enhanced control over shipment scheduling.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Cost Reduction Supply Chain Software 62

GlobalTranz

FEBRUARY 19, 2018

Large-scale analysis of data is utilized to reduce inconsistencies, produce reports for quick decision-making and enable better merchandise and customer management. They can improve warehouse management , reduce facilities costs, improve system integration, reduce risk and much more. Big Data Will Get a Makeover.

Supply Chain Software 68

Supply Chain Software Logistics Network Optimization Software Optimization Software Automation 68

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

Logistics Viewpoints

FEBRUARY 26, 2024

The organization realized that everything they had saved over the last 10 years by contracting with a preferred vendor, they lost in three months when they had to go off contract and find alternative suppliers. Of course it would! This analysis surfaced the need for alternative suppliers for these products. Dr. Runkle averred.

Supply Chain Planning Software 123

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 123

Logistics Bureau

JANUARY 3, 2018

It’s also the time when I start to think about sharing my thoughts on trends for the coming year , but of course, stop short of trying to make predictions. Ask questions later” approach to multi-channel and omnichannel strategies in their haste to avoid losing sales to ecommerce giants like Amazon.

Supply Chain Design Software 81

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

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

Blue Grace Logistics

SEPTEMBER 20, 2018

Long Haul (over 800 miles) The long haul runs are also affected by the ELD mandate, of course, but many carriers operating these runs were already in compliance. . Analysis with BlueGrace . Shippers should internally ask questions like, which vendors are costing more money than they’re worth? 22, totaling at $174 million.

Capacity 48

Capacity Negotiating Skills Optimal Sourcing Vendor Strategies 48

Dedola Global Logistics

APRIL 7, 2020

Global shipping logistics rely on the combination of services, vendors, and shippers to successfully and efficiently organize the transportation of cargo shipments across the world. Duty Rate Analysis. By shipping an entire container, we can significantly reduce costs and maintain more control over the shipment. Contact Us.

Logistics Network Optimization Software 77

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Procurement Solutions 77

Transporeon

SEPTEMBER 19, 2017

Added to that, there is a global directive to reduce outbound logistics complexity, and therefore only two suppliers per facility may be awarded export business. savings, equating to a very healthy cost reduction of $5.9 And, finally, no new supplier may receive more than 5% of the global volume. But there was a hitch.

Optimal Sourcing 48

Optimal Sourcing Optimization Software Optimization Vendor Strategies 48

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

Logistics Bureau

APRIL 4, 2022

The answer is to benchmark your freight, of course. 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.

Negotiating Skills 96

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

Talking Logistics

MAY 26, 2017

Watch the short video below for an overview of the key enhancements: As I wrote about a few years ago in “ Will Supply Chain Software Vendors Start Competing on Design? ,” one of the things supply chain software users like to complain about the most is the user interface (UI) and user experience (UE) of applications.

Supply Chain Design Software 12

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Modeling Software 12

AIMMS

JULY 15, 2019

While I’d be first to concede that there are some incredible S&OP tools out there (I particularly admire Kinaxis and OM Partners), it’s incredible that we can play on the same pitch with these large COTS vendors so quickly. Analytics will play an increasingly important role in S&OP . – Tweet this. A focus on Digital Twins .

Supply Chain Planning Software 62

Supply Chain Planning Software Scenario Planning Modeling Software Gartner 62

FreightWaves SONAR

DECEMBER 17, 2020

Another way to source new vendors due to changing availability is to look for opportunities to form long-term relationships with partners. Industry events, whether held online or in person, are also great opportunities to discover new partners and connect with new vendors outside your standard network.”. Download the White Paper.

Tips 52

Tips Logistics Network Optimization Software Supply Chain Software Logistics 52

Freightos

JULY 26, 2018

In the US, this sprawling network is defined by a range of different services, from Prime Now hubs near urban centers to fresh food and Whole Food delivery goods, and, of course, fulfillment, sortation and delivery stations. Team Analysis. The Senior Capability Development Manager will own the company’s import strategy.

Logistics Network Optimization Software 79

Logistics Network Optimization Software Data Supply Chain Planning Software Manufacturing Procurement 79

Supply Chain Brain

APRIL 4, 2018

Specifically, they are inferring pose for articulated motion analysis in crowded scenarios. About 2/3 of this loss, or just under 1 percent of revenue on average, is due to theft (external and internal) with the other 1/3 from administrative errors, vendor fraud, and “unknown.” Potential Impact on Loss Prevention and Shrink.

Analysis 40

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

Logistics Bureau

JULY 27, 2016

However based on observations made in the course of our consulting work, many organisations perceive it as a purely remedial or punitive exercise. For example, companies often make the mistake of ramping up performance evaluation only when one of their vendors begins to let them down. Why is this a mistake?

Vendor Strategies 40

Vendor Strategies Resource Reduction Waste Reduction Inventory Reduction 40

Automotive Logistics

JULY 13, 2018

In June, the OEM outlined a new strategy that includes ambitious targets for electric cars and autonomous vehicles, as well as a rapid rise in the volumes delivered through subscription contracts rather than sales. Of course, Volvo is not alone in these kinds of ambitions. You can do all kinds of scenario analysis and ‘what-ifs?’

Supply Chain Planning Software 43

Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies Scenario Planning 43

Logistics Bureau

JANUARY 25, 2017

Of course, generally, you should not expect to get more out of networking than what you put into it. For example, capable supply chain employees can still be made redundant simply because one organisation takes over another and rationalises the resulting supply chain operations by eliminating duplicate supply chain positions.

Negotiating Skills 75

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 75

The Logistics Academy

FEBRUARY 13, 2017

Darren Prokop, University of Alaska Anchorage (UAA): As in the academic world in general, there is a trend to online course delivery. We also provide frameworks for effective interactions with others in courses such as purchasing, negotiation, professional selling, and team-based assignments.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 40

FLS Transport

JANUARY 4, 2021

Of course, the backdrop here is that this is all happening at a point in time where reefer capacity is absolutely tapped out and reefer rates are near all-time highs. Per the FMCSA calculations, this represented a very deep cut of 4.4% Of course, the annual RFP has been a staple of the industry for 25 years. 1) Push your Q1 RFP.

Freight 52

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

Camelot 3PL Software

APRIL 3, 2019

You will discuss these goals with vendors, who take notes, but these conversations are generally much higher-level than the detail in which the Project Team will get during implementation. Change Management Plans are crucial, as most software implementation will have at least some changes come about during the course of implementation.

Modeling Software 40

Modeling Software How To Vendor Strategies Resource Reduction 40