Parade

JUNE 24, 2019

In a recent article, Peter Rentschler, CEO at CarrierDirect, discussed why freight brokerages should focus on better utilizing their existing Transport Management System (TMS) to increase operational efficiency, rather than investing in upgrading their systems or purchasing something new. There's nothing to buy. The question is: how?

Eliminating Excel in Purchasing 60

Eliminating Excel in Purchasing Procurement Solutions Logistics Network Optimization Software Freight 60

Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. The visibility to spend allows them to provide excellent benchmarking in several areas. Initially, this product will focus on the purchase order (PO) acceptance process.

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 111

Talking Logistics

APRIL 23, 2019

A great example of this change is the way Americans shop for furniture. For these investment purchases, consumers expect a high level of service including room of choice placement and assembly. Managing delivery exceptions for excellent customer experience. Let’s take another look at the treadmill example.

Supply Chain Design Software 111

Supply Chain Design Software Cost Reduction Logistics Network Optimization Software Supply Chain Software 111

Logistics Viewpoints

MAY 11, 2023

Specifically, through modeling and simulation of a digital twin you’re able to ‘virtually try before you buy’ — modelling different scenarios quickly and easily without interrupting operations, or committing significant time and capital. Do they purchase a 3D warehouse simulation and modeling tool?

Optimization Software 124

Optimization Software Supply Chain Design Software Modeling Software Digital 124

FreightWaves SONAR

JULY 24, 2023

For example, according to Global Trade Magazine , “One critical factor that executives should monitor closely is logistics management. Without excellent and clear communication, these trends will not be identified and acted upon until it is too late. The costs of logistics as a ratio of total expenses are too significant to ignore.

Cost Reduction 105

Cost Reduction Tips Expense Reduction Supply Chain Planning Software 105

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 Bureau

OCTOBER 10, 2022

For example, you can optimise for cost, profit, or service, but not for all of them. The second is when you implement segmentation of the SKUs in your portfolio based on Pareto analysis. For example, inaccurate forecasts typically lead to: Overstocking — a problem that ties up working capital and can lead to inventory obsolescence.

Inventory Reduction 105

Inventory Reduction Inventory Optimization Modeling Optimization Software 105

ShipLilly

APRIL 19, 2021

For example, it is too risky for more delicate or fragile products. Businesses must do a cost-benefit analysis in terms of time and labor cost before taking this option. Using pallets adds costs in terms of buying the pallets, but also saves time in loading and unloading. The chances of damage are increased in these cases.

Packing 98

Packing Cost Reduction Definition Security 98

Logistics Bureau

NOVEMBER 16, 2020

For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. For example, you can be doing finance in supply chain, or you can be doing operations. You could be particularly numerate, or into analysis. Purchasing Agent.

Supply Chain Planning Software 98

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

GlobalTranz

OCTOBER 23, 2015

Scorecard analysis, % to all goals, and critical path: “What KPI is holding us back from overall success? At the performance review employees think they have done excellent work but their manager gives them a low rating at their annual appraisal. Performance Appraisal/Review System. Are they meeting all of their goals? What is lacking?

3PL 99

3PL Supply Chain Planning Software Resource Reduction Supply Chain Design Software 99

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. At a high level, what GEON does is purchase plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. It’s the narrative.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Transformation Scenario Planning Supply Chain Software 130

EazyStock

JUNE 24, 2020

Organizations are introducing software to drive efficiency right across their operations – from financial analysis to marketing automation. Taking all these variables into account, reorder points and quantities are set, and a daily list of recommended orders is produced to feed back into your ERP to create purchase orders.

Procurement Solutions 98

Procurement Solutions Inventory Reduction Inventory Supply Chain Planning Software 98

Conger

MARCH 19, 2021

Whether you should lease or buy a forklift. Forklift Leasing vs. Buying: 5 Factors to Help You Decide Which Is Best For You. Pros and Cons of Leasing and Buying a Forklift. The date your lease agreement ends and you either turn in your lift truck, re-lease it, or purchase it. Forklift lease prices. Let's dive in!

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Purchasing Skills Manufacturing Procurement Procurement Analytics 52

Logistics Bureau

JANUARY 7, 2020

Walmart may be the most famous example of a company that has succeeded primarily because of a well-developed and aligned supply chain strategy. Developed a process of excellence in supply chain collaboration. That should be sobering news for any business not yet focused on supply chain excellence as a lever for business success.

Supply Chain Design Software 111

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

GlobalTranz

SEPTEMBER 8, 2015

Each data entry is an opportunity for data capture and analysis. For example, the carrier may need to know how to handle delicate items, manage private and rented fleets, budget expenses, conduct international trade, ensure compliance to regulations, maintain safety, and make sure all KPIs align across the manufacturer-to-delivery route.

Cost Reduction 93

Cost Reduction Expense Reduction Supply Chain Planning Software Optimization Software 93

Logistics Bureau

JANUARY 21, 2020

In this retrospective of the highs and lows of the year, learn which retailers excelled, and which ones looked like they might be struggling in the fiercely competitive online retail arena. For example, the seemingly unstoppable Amazon surprised pundits by reporting lower year-on-year profits in the third quarter of 2019. .

Inventory Reduction 59

Inventory Reduction Cost Reduction Expense Reduction eCommerce 59

GlobalTranz

SEPTEMBER 19, 2016

With millions of people wanting to buy goods from IKEA, it doesn’t take much to understand the amount of energy being used or the amount of natural resources that are having to be pulled from the environment to keep up with demands. Cooling towers are an excellent way to contribute to reducing your facility’s environmental footprint.

Manufacturing Procurement 87

Manufacturing Procurement Material Savings Resource Reduction Industry 87

FreightWaves SONAR

JULY 2, 2024

These benchmarking tools include the MyTRAC rate in SONAR Market Dashboard, access to the TRAC Benchmarking App for granular analysis, and insights from SONAR’s market experts and customer success team in lane-level analysis. Not a current TRAC Contributor?

Optimal Sourcing 49

Optimal Sourcing Procurement Solutions Procurement Analytics Analysis 49

Logistics Bureau

APRIL 3, 2023

So, for example, outsourcing sales activity is not typically a good idea if yours is a retail sales company. For example, US-based companies may be quite fortunate if they have access to manufacturers right on their doorstep in Mexico, a country with far lower labour costs than the rest of North America.

Outsourcing 98

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 98

Stord

APRIL 4, 2022

There are few tools in the industry that can also utilize what-if analysis to plan for segments of the year - such as seasonality, peaks/valleys based on marketing campaigns, or regional opportunity planning. Some companies still are even using manual processes with Excel spreadsheets to track their inventory! 2020 sales plus 20%).

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Optimization Software 78

Ship Monk

OCTOBER 24, 2023

Confused and unimpressed customers don’t click BUY. Sometimes prospective customers can be torn between buying the product they’re after from one seller vs. another. So incentivize buyers who don’t send items back (and therefore are likely satisfied with their purchases) to leave reviews for your brand.

eCommerce 64

eCommerce Eliminating Excel in Purchasing Procurement Solutions Buyer Training 64

Logistics Business Magazine

JUNE 25, 2024

Take Germany, for example: the “Trends in Logistics & SCM” study conducted by the German Logistics Association BVL in 2023 shows that cost pressure was the most important topic for decision-makers in 2016, but in 2023 it only ranks fourth. Things were different a few years ago.

Supply Chain Design Software 56

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 56

Talking Logistics

APRIL 12, 2017

Logistics Excellence: Now & in the eFuture. As I wrote last June, investments are rising in Supply Chain Operating Networks and Descartes is a prime example of this trend in action — a trend that I predict will continue to gain momentum in the months and years ahead. Will this include drone deliveries?

Supply Chain Planning Software 86

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chains 86

The Logistics of Logistics

MAY 18, 2022

I will give you an example of predictive. What matters is the output that comes out of our analysis. I got to be able to run my operations, even the way I buy products and things of that nature. Our center of excellence is in Israel. Predictive could be like, “Your truck has run for 40,000 miles.

Data 370

Data Modeling Software Supply Chain Design Software Optimization Software 370

WorkWave

SEPTEMBER 2, 2021

Buy an Appropriate Delivery Route. Usually, you not only buy a route with an established business presence, but you also purchase the equipment needed for such services. It means you buy a home delivery business set up that generates income automatically from the first day. Or do you plan on hire purchase options?

Logistics Network Optimization Software 52

Logistics Network Optimization Software How To Optimization Software Procurement Solutions 52

Logistics Business Magazine

APRIL 17, 2024

Companies must also consider cost implications, accurate demand forecasting, trend analysis, process automation, and logistics considerations. Accurate demand forecasting and trend analysis enable companies to anticipate customer needs, ensuring products are available when and where they’re wanted.

Supply Chain Software 60

Supply Chain Software Supply Chains Optimal Sourcing Optimization Software 60

3PL Links

DECEMBER 2, 2022

Allows for performance analysis. This technique entails purchasing the primary raw material source in order to have more control over supply. Examples of Inbound Logistics Strategies. Selective, effective, efficient, and analytical skills are necessary for excellent incoming logistics. Manage the supply flow effectively.

Inbound 62

Inbound Sourcing Strategies Material Savings Inventory Reduction 62

Logistics Bureau

MARCH 14, 2018

In addition, while rivers and mountains stay where they are, other geographical features, like conurbations, change over time; associated factors such as labour availability and customer buying habits may change even faster. Premium orange juice for example has a storage life of about 65 days. Tropicana Products, Inc.

Supply Chain Software 77

Supply Chain Software Warehousing Automation Supply Chain Design Software 77

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. A warehouse benchmarking exercise is an excellent way to start the quest for improvement opportunities.

Cost Reduction 98

Cost Reduction Purchasing Skills Waste Reduction Material Savings 98

Locus

FEBRUARY 27, 2023

Before that, he wanted to purchase a pair of shoes from a nearby store. Time to value is the time customers spend to derive value from the purchased product. In last-mile delivery , it is the time gap between buying a dispatch management solution and gaining a positive Return On Investment (ROI) from it.

Optimization Software 52

Optimization Software Procurement Solutions Eliminating Excel in Purchasing Purchasing Skills 52

Conger

JANUARY 3, 2019

For example: CALCULATE YOUR STORAGE AREA SIZE. For example: ANALYZE YOUR POTENTIAL STORAGE AREA. For example: ANALYZE YOUR POTENTIAL STORAGE AREA. For example: If you aren’t using a WMS, divide your storage area into logical sections (like rows of racking). This leaves you with the total warehouse size.

Tips 68

Tips Efficiency Inventory Reduction Material Savings 68

Logistics Bureau

AUGUST 1, 2022

More to the point, though, for S&OP to be effective, it matters not whether a company uses Excel spreadsheets or the latest best-of-breed sales and operations planning software. So, for example, the Head of Supply might be the Supply Chain Director, Supply Chain Manager, or another non-executive supply chain management specialist.

Supply Chain Planning Software 98

Supply Chain Planning Software Scenario Planning Operations Supply Chain Design Software 98

Blue Grace Logistics

MAY 10, 2019

This is especially important when trying to maintain retail compliance, for example, with increasing customer demands like On Time; In Full (OTIF) or Must Arrive By Date (MABD). 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

3PL Links

DECEMBER 28, 2023

The primary logistics trends for 2024 are shown below, along with examples of how some of the industry’s top businesses are already incorporating them into their plans. Product personalization: Product personalization is made easier by the ability to comprehend customer preferences through big data analysis.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Trends Sourcing Strategies 48

Infosys Supply Chain Management

JANUARY 15, 2014

hmm.gadgets, graphs, analysis etc. Strategy, an engineering framework, failure mode analysis maybe.phew! For example, preventive maintenance are either time based or meter based and it appears that it has got nothing to do with equipment dynamics in itself. Supply Excellence. Predictive Maintenance? Follow us on.

Supply Chain Planning Software 39

Supply Chain Planning Software Supply Chain Software Supply Chains Expense Reduction 39

GlobalTranz

MAY 9, 2018

Accuracy of the address , which may vary between physical addresses, shipping addresses, and emergency-identifiable addresses, for example, a 9-1-1 Private Road address versus an estate lot number. Supplies necessary for packaging requirements , including pallets, shrink wrap, and braces for LTL shipments.

Cost Reduction 49

Cost Reduction Purchasing Skills Logistics Network Optimization Software Price Reduction 49

Logistics Bureau

OCTOBER 2, 2016

That should be sobering news for any business not yet focused on supply chain excellence as a lever for business success. For example, supplier performance issues can cause problems with inventory, order fill; on-time delivery performance and customer-order lead times. Customer satisfaction is highly dependent on the supply chain.

Supply Chain Design Software 99

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