Logistics Business Magazine

JANUARY 16, 2023

SnapFulfil’s ability to remotely implement their software – but while still delivering industry leading deployment speed – has also saved Green Sheep valuable time, money and resource. The post New WMS solution growing up fast appeared first on Logistics Business® Magazine.

Procurement Solutions 56

Procurement Solutions Purchasing Skills Procurement Analytics Logistics Network Optimization Software 56

EazyStock

JUNE 18, 2019

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

Analysis 40

Analysis Inventory Reduction Inventory Procurement Solutions 40

EazyStock

OCTOBER 20, 2020

Firstly, let’s get a few definitions: What is inventory control? ABC analysis is a good inventory control technique to segment your warehouse stock based on the value it brings to the company. For more complex inventory classification, use inventory optimization software , which carries out multi-dimensional item categorization.

Inventory Reduction 98

Inventory Reduction Optimization Software Inventory Optimization Modeling 98

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Ensure that, somewhere along the way, data diagnostic tools will be used to check for missing and inconsistent data automatically. . Accurate and timely reconciliation of purchase orders with receipts.

Supply Chain Planning Software 116

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 116

Conger

MARCH 28, 2024

Introduction to Fleet Management Fleet Management Definition Businesses across all sectors depend on commercial vehicles to transport people and products daily from cross-country delivery services to your neighborhood gas and oil provider. The software centralizes data, provides real-time information, and automates tasks.

Optimization Software 72

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 72

GlobalTranz

APRIL 22, 2015

Editor’s Note: Almost 14 months ago we wrote one of our most popular posts entitled, “ The History of Supply Chain and Logistics Management ” contained a bit of history, definitions, and a great infographic visually going through the history of supply chain and logistics management. What is a Logistics Framework?

Global logistics 116

Global logistics Material Savings Cost Reduction Supply Chain Planning Software 116

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. The manufacturer has access to the distributor’s inventory data and is responsible for generating purchase orders. What is Value Analysis?

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

Logistics Viewpoints

JANUARY 3, 2022

One solution in this area comes from Nauto. The devices are surprisingly inexpensive, costing $350-500 per vehicle per year depending upon the volume of devices purchased. These kinds of solutions have been available for a few years and customers report robust reductions in safety incidents. Technology can help.

Trucking 128

Trucking Trends Modeling Software Logistics Network Optimization Software 128

Ship Monk

JULY 7, 2022

It may sound tempting to force your customers into purchasing in larger quantities, but is it the best way to grow your business? Minimum Order Quantity Definition. Wholesalers and retailers exist for this very reason, so that buyers can purchase finished goods in various quantities. Minimum Order Quantity vs. Pricing Strategy.

Purchasing Skills 98

Purchasing Skills eCommerce Ordering Negotiating Skills 98

Logistics Viewpoints

DECEMBER 1, 2022

Let’s take a look at what happened with the major themes, as well as the research and analysis we conducted in 2022 to help determine what those themes will look like in 2023. The verdict would have been “definitely nailed it” if we were counting all of the “ML-washing” going on in the supply chain and logistics technology market.

Cost Reduction 119

Cost Reduction Resource Reduction Supply Chain Planning Software Logistics Network Optimization Software 119

EazyStock

MAY 11, 2021

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC classification (otherwise known as ABC analysis ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

Inventory Reduction 52

Inventory Reduction Inventory How To Procurement Solutions 52

Logistics Bureau

MAY 24, 2021

That is the level to which each SKU quantity must fall before your inventory management system either notifies you with a reminder to reorder or initiates a purchase order autonomously. The solution to the formula gives you a nominal recommendation for the level of safety stock to carry. Know Your Turnover Ratios.

Inventory Reduction 98

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 98

Logistics Business Magazine

JUNE 13, 2022

Over the past two years, many things have changed fundamentally in the industry, including purchasing and consumer behaviour. That is why we have conducted extensive surveys and analysis. A: Firstly, there is the potential of digitalisation, particularly the growing importance of data- and cloud-based solutions.

Supply Chain Planning Software 54

Supply Chain Planning Software Supply Chain Software Modeling Software Procurement Solutions 54

Logistics Business Magazine

JULY 1, 2022

Over the past two years, many things have changed fundamentally in the industry, including purchasing and consumer behaviour. That is why we have conducted extensive surveys and analysis. BB: Firstly, there is the potential of digitalization, particularly the growing importance of data- and cloud-based solutions. Q: Instead…?

Supply Chain Planning Software 54

Supply Chain Planning Software Supply Chain Software Optimization Software Modeling Software 54

Logistics Bureau

DECEMBER 22, 2024

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. Use weekly, monthly, and year-on-year data for your analysis. It measures the number of days between receipt of a purchase order and completion of the customer’s delivery.

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

Logistics Bureau

JANUARY 7, 2020

The definition above is not from any textbook, but is one that I am sure you will agree, describes a state of affairs that any corporate leader or business owner would be happy to attain. . The use of a methodology known as “cost to serve analysis” often reveals shocking realities about supply chain costs. . .

Supply Chain Design Software 111

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

Talking Logistics

DECEMBER 3, 2018

There is so much talk, and varying interpretations, about digital transformation, that I began our discussion by asking Roger for his definition and what he sees as the current adoption rate. The problem is they don’t have the data to effectively feed those BI tools.”. The Digital Transformation Journey.

Digital 60

Digital Supply Chain Planning Software Supply Chain Software Procurement Solutions 60

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.

Supply Chain Planning Software 76

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

EazyStock

MARCH 4, 2021

This post will explain how, but first, let’s deal with a few simple definitions. When looking to improve inventory turnover, it’s important that inventory planners and purchasers only order items that have a demand in the marketplace. A basic form of inventory categorization is ABC analysis. Improve demand forecasting accuracy.

Optimal Sourcing 59

Optimal Sourcing Inventory Reduction Inventory Optimization Software 59

EazyStock

OCTOBER 10, 2018

Big data is a term used to describe a massive volume of both structured and unstructured data that’s too large to be processed using traditional database and software techniques. Big data feeds insights to MDM, and MDM feeds big data with master data definitions. Volume – The size of the data captured.

Inventory Reduction 45

Inventory Reduction Supply Chain Planning Software Inventory Modeling Software 45

Logistics Viewpoints

JUNE 28, 2021

TuSimple – a provider of autonomous freight semi-truck solutions – has said their technology will be operational by 2024. TuSimple (NASDAQ: TSP) offers a Level 4 autonomous solution. A customer would purchase TuSimple’s fully autonomous semi-trucks directly from a semi-truck manufacturer. Will it take decades?

Trucking 70

Trucking Logistics Network Optimization Software Cost Reduction Procurement Solutions 70

3PL Links

DECEMBER 2, 2022

We will address the following topics in this article: Inbound logistics definition and significance. Allows for performance analysis. This technique entails purchasing the primary raw material source in order to have more control over supply. Duties of inbound logistics. Identifying traits of effective incoming logistics.

Inbound 62

Inbound Sourcing Strategies Material Savings Inventory Reduction 62

GlobalTranz

FEBRUARY 2, 2016

Each of these definitions applies to a manufacturer’s ability to produce a surplus of a product. Imagine if the typical definitions of productive were applied to manufacturing. Preliminary analysis of smartphone sales in the US indicate more than 120 million smartphones will be purchased, sold, or traded in 2016.

Manufacturing Procurement 58

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 58

3PL Links

JUNE 4, 2024

From definition to best practices for implementation, this article will cover every facet of logistics in e-commerce. Your logistics processes can be tracked and optimized with the help of tools like transportation management systems (TMS) and warehouse management systems (WMS). TIME TO STAND OUT IS NOW!

Optimal Sourcing 48

Optimal Sourcing Logistics Network Optimization Software Optimization Software Supply Chain Software 48

GlobalTranz

JUNE 12, 2018

Goodwill notes shipment data granularity and analysis are linked with better freight allocation , which means making use of the full spectrum of available shipping options, including full truckloads. Specifically, up to 56 percent of consumers will abandon online order purchases if presented with a shipping charge.

Supply Chain Planning Software 60

Supply Chain Planning Software Freight Cost Reduction Purchasing Skills 60

Locus

OCTOBER 19, 2021

It is difficult for patients to track the purchase and consumption of prescriptions in larger quantities for a definitive period. Same-day prescription deliveries help them track and manage the purchase and consumption of their medications in larger quantities. Saves time and money. Added privacy protection.

Optimization Software 52

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

Freightos

JUNE 6, 2016

Analysis: How Bad Is It? And those shippers that don’t already will need to purchase weighing products or services, adding cost and time to an industry already under pressure to speedily deliver goods. to develop a common solution that would help exporters comply with a new container-weighing safety measure.

Freight 75

Freight Industry Logistics Network Optimization Software Cost Reduction 75

Infosys Supply Chain Management

MAY 25, 2017

Independent workshops have traditionally struggled to keep pace with OEMs and authorized workshops on vehicle diagnostics, tools & technology, vehicle electronic information and quality of service / parts. Snigdha Goyal , Consultant, MFGDCG, Infosys Ltd., snigdha.goyal@infosys.com. from 2015 to 2020, growing from US$3.83 Billion by 2020.

Procurement Solutions 20

Procurement Solutions Modeling Software Workshop Purchasing Skills 20

Transporeon

MARCH 22, 2018

Freight RFQs are complex, and almost every procurement project is unique in its design. In traditional freight procurement processes, results from downstream negotiations can have a retroactive effect on the projected award scenario. This eliminates the need to price in a hedge against low allotments. Harvest this low-hanging fruit!

Optimal Sourcing 48

Optimal Sourcing Negotiating Skills Purchasing Skills Negotiate Pricing 48

Ship Monk

MAY 23, 2023

emails Expensive shipping Lengthy shipping windows Customs and tariffs on orders What is the solution to all these shared issues? If you’re still not sold on the idea of a 3PL (a fulfillment center solution), then let’s explore the difference between that and a 2PL (essentially a warehousing solution).

Inventory Reduction 52

Inventory Reduction eCommerce Supply Chain Planning Software Cost Reduction 52

Locus

AUGUST 1, 2024

The answer is a definite yes. This requires retail businesses to invest in technologies like the Locus platform, which offers solutions to make every delivery convenient, flexible, and predictable. Is there a way to do this without compromising on cost-efficiency and profitability?

Cost Reduction 52

Cost Reduction Inventory Reduction Resource Reduction Price Reduction 52

Blue Grace Logistics

MAY 10, 2019

As such the supply chain needs to be viewed between all participating companies and suppliers throughout the supply chain, with solutions applied from a holistic approach. For example, are your planners and purchasers communicating properly, not only with each other but with the production floor and shipping department?

Supply Chain Planning Software 54

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 54

World Food Programme Logistics

FEBRUARY 7, 2019

The private sector offers a range of digital analytical solutions that were previously unavailable to us and like many humanitarian organisations, WFP, has actively sought their expertise. We can say definitively that Palantir?—?like WFP retains full control over the data, the analysis and derivative work. ·

Procurement Analytics 40

Procurement Analytics Modeling Software Purchasing Skills Supply Chain Software 40

Ship Monk

NOVEMBER 14, 2022

For others, they’re signs of elevated stress levels, which can definitely lead to eating way too many cookies. We typically make the same kind of purchases throughout the year, but when the holidays roll around, it becomes a different story. We not only increase the frequency of our purchases but also the diversity.

eCommerce 52

eCommerce Material Savings Inventory Reduction Cost Reduction 52

Infosys Supply Chain Management

MARCH 6, 2014

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Discuss the latest trends and solutions across the supply chain management landscape. Cloud based ERP providers are trying to tap into this area to provide a cost effective solution. Business Process Outsourcing.

Supply Chain Planning Software 35

Supply Chain Planning Software Supply Chain Software Supply Chains Modeling Software 35

Automotive Logistics

JANUARY 29, 2018

In recent years, growing computer power, advanced software and algorithms for logistics planning have led to a rise in the use of the transport management system (TMS), which enables companies, among other things, to receive, plan, monitor and report on collections and deliveries. In-house versus external.

Outbound 28

Outbound Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement 28

247 Customs Broker

MARCH 12, 2018

Historically, the working definition of lights out is a facility without people. Not everywhere,” says Mike Khodl , Dematic’s vice president of global solutions management. And automation figures in those companies’ equipment purchases time and again. That’s a major factor changing the traditional definition of lights out.

Supply Chain Software 28

Supply Chain Software Supply Chain Design Software Supply Chain Planning Software Automation 28