Logistics Viewpoints

DECEMBER 12, 2023

Today’s warehouse environment is too complex and fast-moving to manage effectively via human cognition, as well as manual planning and analysis. Let’s look at the example of an order that needs to go out by 5:00 pm, when FedEx or UPS is making a pickup. billion in 2022 to $3.12 What Exactly Does a WES Do? The result?

Supply Chain Planning Software 185

Supply Chain Planning Software Supply Chain Design Software Optimization Software Resource Reduction 185

Blue Grace Logistics

SEPTEMBER 15, 2022

For example, if a focus on customer service has resulted in shipments that are too small for optimized handling, the right provider should have ideas for a hierarchy of batching decisions that will both protect the company’s reputation with customers and create new efficiencies. Inbound Programs.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chains Meeting 62

Logistics Bureau

AUGUST 2, 2021

For example, you might use simple observation to identify visible defects at goods-in, or you could make your analysis a bit deeper by testing a percentage of items received from the supplier. In procurement, cost analysis is not just about the price of your company’s purchases. Supplier Defect Rate.

Procurement Analytics 118

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 118

FreightWaves SONAR

DECEMBER 3, 2020

For example, just-in-time fulfillment models, drop-shipping, and cross-docking avoid wasted space. For example, market conditions show shippers’ rate trajectories. Improved planning through wait time analysis benefits all parties. That includes compliance with the inbound freight routing guide and outbound activities.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Software Modeling Software Logistics Network Optimization Software 76

Logistics Bureau

MAY 24, 2021

For example, if your cost of goods sold for 2020 was $250,000, and your average inventory on hand was worth $25,000, your inventory turnover ratio would be $250,000/$25,000 = 10, meaning your entire stock of that particular SKU turns over around ten times per year. Using the previous example, dividing 365 days by 10 gives you 36.5

Inventory Reduction 118

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 118

The Logistics of Logistics

APRIL 26, 2022

Michelle Sodomka, a Senior Director in charge of Open Sky Group ’s transportation management practice has 15 years’ experience in risk analysis and mitigation within the logistics industry. Transportation management systems are used by shippers and carriers to more efficiently manage inbound and outbound shipments.

Logistics Network Optimization Software 221

Logistics Network Optimization Software Trucking Freight Supply Chain Planning Software 221

Logistics Viewpoints

AUGUST 9, 2022

Strategy and leadership teams might elect to be alerted to production line disruptions, for example, so they receive details about every impacted order. Inbound/procurement teams could view SKUs at facilities with low days of supply, and drill into orders in the yard with low SKUs.

Inventory Reduction 145

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Inventory 145

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Another methodology is the Porter’s Value Chain Framework, which comprises of inbound logistics, operations, outbound logistics, sales, and service. Here are some KPIs to assist you to get back on track to build an agile, adaptive, and resilient supply chain into the future: Inbound KPIs. Warehousing KPIs.

Manufacturing Procurement 105

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

Logistics Business Magazine

NOVEMBER 14, 2024

Change management begins with detailed analysis Double-digit efficiency gains thanks to end-to-end automation from receiving to shipping require new processes. A key factor in the system’s efficiency is the structure of the inbound pallets. “In The processes related to suppliers, for example, when it comes to packaging and products.

Supply Chain Software 52

Supply Chain Software Automation Logistics Network Optimization Software Supply Chain Design Software 52

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. Besides optimising the present or fixing the past, CTS reporting and analysis opens the door to what-if scenarios and projections.

Purchasing Skills 90

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 90

ShipLilly

AUGUST 6, 2020

For example, small businesses are sometimes called upon to compete with large corporations that are supported by a world of experience and seemingly endless resources. Data and process analysis are part of the puzzle. You must pay careful attention to your distribution network, SKU analysis, and SKU management.

Cost Reduction 79

Cost Reduction Optimization Software Analysis Inventory Reduction 79

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 115

Inventory Reduction Inventory Optimization Modeling Optimization Software 115

Carter Logistics

JULY 29, 2020

As an example, I reached out to a company on LinkedIn that made loading and unloading more efficient. Yes, I was interested in pursuing their inbound material transportation, but I also gained valuable knowledge about a service that a future or current customer may not have known existed.

Supply Chain Planning Software 113

Supply Chain Planning Software Logistics Network Optimization Software Video Collaboration 113

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 61

Supply Chain Software Supply Chains Optimal Sourcing Optimization Software 61

Logistics Bureau

MAY 8, 2023

You know, the person who receives the retail store’s inbound deliveries, the office administrator, or the guys and girls in the reception. By neglecting or underestimating the need for meaningful analysis, they typically fail to attain anything like the value they might receive with effective carrier management.

Negotiating Skills 62

Negotiating Skills Cost Reduction Resource Reduction Price Reduction 62

20Cube Logistics

JANUARY 28, 2020

To understand it, we can take the example of a bar code or magnetic strip of a bank’s ATM card where data is captured by the device and stored in the database. Inbound activities: With the integration of RFID, products can easily be offloaded from a truck, pass through a reader and stacked in empty spaces within minutes. What’s RFID?

RFID 74

RFID Supply Chain Software Supply Chain Planning Software Optimization Software 74

FreightWaves SONAR

JUNE 10, 2021

Measuring capacity is a key to maximizing margins/transactions for a broker, utilization for a carrier, and minimizing service and budgetary failures for shippers.The capacity trend indices show you which markets are tightening or loosening by the largest amounts by combining tender rejection rates and market balance of inbound and outbound loads.

Trends 52

Trends Capacity Outbound Inbound 52

FreightWaves SONAR

APRIL 25, 2024

Meanwhile, drayage carriers gauge inbound volume, measured at the point of origin, for a look ahead at local demand in the coming days (see blog for detail). Analysts can take this analysis a step further by looking at volume by lane. Meanwhile, volume for loaded domestic containerized intermodal (ORAILDOML.USA), the market where J.B.

Data 64

Data Digital Replenishment Blog 64

GlobalTranz

NOVEMBER 19, 2015

This is where metrics becomes necessary for the analysis and monitoring of data. However, metrics may also be applied to the algorithmic analysis of data to identify what data needs to be removed, clarified, or analyzed in further detail. For example, incoming deliveries may be delayed due to inclement weather.

Data 77

Data Sourcing Strategies Optimal Sourcing Transportation 77

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. For example, any box that is at least 50lbs must be palletized under the Amazon FBA contract. You are likely to require fewer containers to ship your product.

Packing 98

Packing Cost Reduction Definition Security 98

GlobalTranz

NOVEMBER 11, 2016

For example, does location A offer more benefits than location B. In this example, location A is located outside of shopping center with few restaurants. In other words, they have actually used data analysis to realize what does and does not improve profit margins. This is exactly the point behind big data. .

Supply Chain Software 92

Supply Chain Software Supply Chains Data Sourcing Strategies 92

FreightWaves SONAR

MARCH 15, 2021

In the screenshot above, you can see that the outbound and inbound stability show scores of 29 out of 100 and 21 out of 100, respectively. harder to procure capacity at the benchmark rate per mile ) in both the outbound and inbound directions. Carriers will be able to see inbound and outbound stability on specific lanes.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

Turvo

JULY 27, 2021

For example, the WMS may not share data with the LMS or the TMS. End-to-end visibility in the supply chain means everything—including raw materials, manufacturing, inbound logistics, forward logistics, reverse logistics, recycling, customer service, and everything else.

Supply Chain Software 90

Supply Chain Software Supply Chains Logistics Network Optimization Software Tracking and Tracing 90

GlobalTranz

SEPTEMBER 3, 2015

A thorough analysis of Design for Manufacture and Assembly (DFMA) is just one tactic you can use to find success within the constructs of the chain. The analysis means getting into the nitty gritty and paying attention to every detail, no matter how small you may think it is. Assembly Analysis. Manufacturing Analysis.

Cost Reduction 101

Cost Reduction Supply Chain Design Software Supply Chain Design Material Savings 101

Logistics Viewpoints

APRIL 15, 2021

By leveraging the analysis of historic events and probabilistic outcomes, new technologies can pull the right levers to correct supply chain performance, with much less or no human intervention. From an inbound operations perspective, visibility continues to be a common thread in facilitating this convergence.

Supply Chain Planning Software 162

Supply Chain Planning Software Supply Chain Software Supply Chains Digital 162

Logistics Business Magazine

MARCH 5, 2024

For example, Transporeon data shows that container shipping prices from Asia to Europe have recently spiked by 300%. Shipping companies are now obliged to buy permits for a portion of their emissions (gradually increasing to 100% by 2027) for all inbound, outbound and transhipment vessel movements. The result?

Maritime 52

Maritime Price Reduction Cost Reduction Supply Chain Planning Software 52

Logistics Business Magazine

MARCH 1, 2022

For example, not all systems are customizable to your work processes. Carrier and Shipping Analysis. With the right TMS system, you can leverage your shipping data to improve your resource efficiency, vendor evaluations, and visibility on inbound and outbound products. What You Need To Know About TMS Solutions.

Optimization Software 54

Optimization Software Logistics Network Optimization Software Supply Chain Software Resource Reduction 54

Blue Grace Logistics

JUNE 21, 2018

Transportation Management Workflow may be defined as a supply chain workflow that connects and links the various parties involved along the chain from, for example, the seller’s warehouse to the buyer’s warehouse. One needs to do extensive and thorough data analysis of all current costs within the transportation and logistics silos.

Cost Reduction 50

Cost Reduction Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 50

Logistics Viewpoints

FEBRUARY 8, 2022

For example, they might browse products online, but visit a brick-and-mortar store to finalize their selection. As just one example, Nike’s online sales grew by 75% in 2020 — but its profit margins fell from 45.5% due to the higher costs associated with online selling.

Optimal Sourcing 124

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 124

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. For example, a subtle change in hydraulic pressure may still permit the machine to operate. Analysis of Trends and Recommendations.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

GlobalTranz

AUGUST 5, 2015

However, return merchandise authorization may include several different aspects of service-after-sale, such as warranty management, service agreements, analysis of returns, and management of end-of-life equipment, vendor management, and replacement. Let’s take a look into how RMAs function and some common examples of RMA policy.

Resource Reduction 90

Resource Reduction Vendor Strategies Reverse logistics Cost Reduction 90

Turvo

JUNE 10, 2021

While this is an example, industries across different verticals have to contend with the logistics ecosystem, and the entrenched supply chain inefficiencies. The ever-changing retail landscape looks vastly different than it did a few decades ago, and it will look completely different still in another 20-30 years.

Supply Chain Software 58

Supply Chain Software Supply Chains Inventory Reduction Waste Reduction 58

Logistics Bureau

NOVEMBER 13, 2024

For example: Why will it exist? That’s exactly what will happen if, for example, you underestimate the quantities of products your warehouse must comfortably hold. You will need to make sure you calculate, for example, how many intake doors will be optimal for your volumes of incoming goods. Warehouse Design and Layout: 1.

Supply Chain Design Software 82

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Optimization Software 82

GlobalTranz

MARCH 13, 2015

There are plenty of different shipping companies out there, and using a transportation management system to manage all inbound and outbound shipping needs will put those shippers who use one at an extreme competitive advantage. Lane Analysis. Identify factors that impact your freight shipping costs. By Carrier On Time Performance.

Logistics Network Optimization Software 95

Logistics Network Optimization Software Transportation Cost Reduction Price Reduction 95

GlobalTranz

NOVEMBER 17, 2016

Consider the following elements explains John Richardson of Inbound Logistics, that impact business strategy. Each of these elements more traditionally handles by outsourcing analysis of processes to supply chain consultant. Increasing order efficiency. Demand forecasts. The quantity of each product. Inventory location and management.

Supply Chain Design Software 115

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

3PL Links

OCTOBER 6, 2022

With the businesses they collaborate with, they become partners and take full ownership of the management, analysis, and execution of the supply system. The third party logistics provides a wide range of services, among which are: Inbound transport. Infrastructure (in storage areas, for example). Value added services.

Logistics Network Optimization Software 62

Logistics Network Optimization Software Supply Chain Planning Software 4PL Modeling Software 62

Logistics Bureau

JANUARY 18, 2021

Sometimes the volume stays the same but the SKUs increase, as highlighted by the following example. The Beer-on-Tap Example : In the old days, when you went into a pub you would have four or five beers on tap. You have to do some analysis to work out where you are and then choose the materials handling system to suit.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Design Operations Supply Chain Planning Software 118