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 101

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 101

Logistics Bureau

MAY 31, 2021

Let’s begin with a look at why, in general, retailers with multiple sales channels are more likely to experience difficulties in reducing cost-to-serve. For example: Compared to selling a product in-store, the cost to deliver that same item as a small parcel can be several times higher. High Cost to Serve: It’s an Omnichannel Problem.

Cost Reduction 118

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 118

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 118

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 118

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 116

Cost Reduction Purchasing Skills Waste Reduction Material Savings 116

Logistics Viewpoints

SEPTEMBER 19, 2024

Additionally, software vendors continuously invest in tuning the performance of their algorithms and models. For example, running a batch process that now takes 8 hours instead of 12 does not translate into supply chain agility. Planners spend considerable time preparing scenario planning and not the actual analysis.

Supply Chain Planning Software 139

Supply Chain Planning Software Scenario Planning Supply Chain Software Supply Chains 139

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 Business Magazine

DECEMBER 16, 2021

Governments across the globe are urging businesses to do more to reduce greenhouse gas emissions across the supply chain. In response, companies are taking sustainable leadership to new levels, with a particular focus on reducing their Scope 3 emissions to actively assist in supply chain decarbonisation.

Waste Reduction 57

Waste Reduction Vendor Strategies Cost Reduction Resource Reduction 57

GlobalTranz

AUGUST 17, 2015

A vigorous supplier relationship management (SRM) strategy can assist organizations in maximizing partnership value, minimize risk, and manage costs through the entire supplier relationship lifecycle. A comprehensive supplier management strategy helps organizations arrange suppliers based on different tiers of importance and reliability. .

Sourcing Strategies 98

Sourcing Strategies Price Reduction Vendor Strategies Cost Reduction 98

Logistics Bureau

DECEMBER 1, 2024

Benefits can be multiple, including a boost to the bottom line as IT vendor Dell showed in reducing operational costs by US $1.5 billion by using CRM and SCM in a new multichannel market strategy. What is CRM in Supply Chain Management? The result is a more targeted approach that makes customer interactions more personable.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 62

Logistics Viewpoints

DECEMBER 12, 2023

However, the average company struggles to integrate robots from multiple vendors with their existing systems and processes, as well as divide and orchestrate work across humans and machines. The typical benefits of a WES include an 80% reduction in administrative costs, a 12% increase in units-per-hour, and a 15% improvement in throughput.

Supply Chain Planning Software 180

Supply Chain Planning Software Supply Chain Design Software Optimization Software Resource Reduction 180

Logistics Bureau

NOVEMBER 30, 2024

At the same time though, the MRO arena is becoming every more competitive, making reduced working capital investment a highly desirable goal. For best results, software applications should be able to create forecasts based on causal factors , rather than historic data analysis.

Inventory Reduction 62

Inventory Reduction Inventory Procurement Solutions Supply Chain Planning Software 62

Freightos

NOVEMBER 7, 2023

Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 3% to $1,609/FEU. Some anticipate downsizing among forwarders for the same reasons.

Negotiating Skills 133

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 133

SYSPRO Smarter ERP

MAY 2, 2024

The other emerging area around AI in ERP focuses on trend analysis and forecasting. Here are some real-world examples of AI use cases in manufacturing: Improve data processing and analytics by recognizing context and generating valuable predictions and insights to help manufacturers make better decisions and optimize their performance.

ERP 59

ERP Supply Chain Planning Software Modeling Software Optimization Software 59

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 supply chain design solution, for example, continues to grow in depth and usability. Virtually every enterprise application vendor claims to offer a platform.

Supply Chain Design Software 131

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 131

WorkWave

JUNE 27, 2024

This blog will delve into the current state of driver availability, its causes, consequences, strategies for mitigating the challenge, and future outlooks and long-term solutions. For example, a major retail chain reported significant logistical challenges due to driver shortages during the peak holiday season.

Optimal Sourcing 92

Optimal Sourcing Supply Chain Planning Software Optimization Software Availability 92

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. For example, you can optimise for cost, profit, or service, but not for all of them. Inventory Optimisation: A Clarification.

Inventory Reduction 124

Inventory Reduction Inventory Optimization Modeling Optimization Software 124

Logistics Viewpoints

FEBRUARY 28, 2022

Supply chain vendors have been touting their investments in artificial intelligence (AI) for the last several years. Alex Pradhan, Product Strategy Leader John Galt Solutions, told me that “all planning vendors have bold marketing around AI.” Lead times, for example, are a critical form of master data for planning purposes.

Supply Chain Planning Software 176

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 176

Logistics Bureau

AUGUST 7, 2023

You’re ordering more stock than you need so you can meet vendor minimum order quantities. We’ll be pleased to assist you in implementing methods to sense customer demand more accurately, enhancing your ability to optimise inventory levels, reduce stock-outs, reduce carrying costs—and ultimately increase profitability.

Inventory Reduction 103

Inventory Reduction eCommerce Inventory Procurement Solutions 103

Logistics Bureau

JANUARY 7, 2020

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. In other words, the majority did not recognise the need for close alignment between supply chain and general business strategies.

Supply Chain Design Software 131

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 131

Freightos

JUNE 17, 2024

Third-party platforms reduce these upfront costs by providing access to state-of-the-art AI tools and technologies on a “pay per drink” subscription basis. Access to Expertise : Third-party providers often have teams of experts who are at the cutting edge of AI research and application.

Modeling Software 109

Modeling Software Optimization Software Logistics Network Optimization Software Cost Reduction 109

Logistics Business Magazine

SEPTEMBER 27, 2023

Zebra Technologies Corporation today released the findings of its 2023 Global Warehousing Study, which confirmed 58% of warehouse decision-makers plan to deploy radio frequency identification (RFID) technology by 2028 which will help increase inventory visibility and reduce out-of-stocks.

Supply Chain Planning Software 57

Supply Chain Planning Software RFID Supply Chain Software Inventory Reduction 57

Logistics Bureau

JANUARY 9, 2019

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. In other words, the majority did not recognise the need for close alignment between supply chain and general business strategies.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 118

GlobalTranz

JULY 28, 2021

An optimized supply chain is one that is as efficient as possible; it is more likely to reduce costs, increase customer satisfaction rates, and add value for stakeholders. Using an offshore vendor to manufacture a component for a larger automotive assembly is a typical example. Defining Transportation Optimization.

Optimal Sourcing 126

Optimal Sourcing Optimization Software Optimization Supply Chain Design Software 126

3PL Links

DECEMBER 2, 2022

Strategies for efficient inbound logistics that you can use in your business. Inventory control: Managing storage procedures to reduce time, resources, and expenditures. Allows for performance analysis. Inbound Logistics Strategies. Examples of Inbound Logistics Strategies. Duties of inbound logistics.

Inbound 62

Inbound Sourcing Strategies Material Savings Inventory Reduction 62

Conger

JULY 30, 2021

Top challenges and the steps for adopting an omnichannel distribution strategy. 4 Steps for Adapting to an Omnichannel Distribution Strategy. Then, a seller uses a third-party vendor to ship the items to the buyer’s home. To reiterate, an omnichannel strategy will integrate each of these channels. Let’s get started!

Inventory Reduction 52

Inventory Reduction Distribution Vendor Strategies Waste Reduction 52

SYSPRO Smarter ERP

OCTOBER 20, 2021

The second step will be to convert all critical business data produced going forward that requires analysis to be collected going forward. It may seem like a fundamental change, but digitization has enabled the elimination of paper archives as well as countless sheets, folders and files. Digital transformation: a strategy.

Digital 133

Digital Factories Supply Chain Planning Software Supply Chain Software 133

Logistics Bureau

OCTOBER 6, 2024

COA Certificate of Analysis – A document that confirms a product meets its product specification. Examples include food, beverages, cosmetics, and household products. EDI speeds up business processes and reduces paperwork in supply chains. Examples include soft drinks, toiletries, and grocery items.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 89

GlobalTranz

JANUARY 16, 2017

Modern supply chains are evolving beyond anyone’s expectations due to increased use of cloud-computing technologies, wearables and advanced data analysis. Essentially, the cloud is working to reduce overall risk and reduce costs along the way, but it is also becoming key to increasing accountability and visibility throughout an organization.

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Software Supply Chain Design Analysis 59

Logistics Viewpoints

AUGUST 14, 2023

Thomson Reuters purchased the global trade compliance vendor Integration Point in 2018. Nevertheless, the argument that trade compliance is complementary to a company’s overall tax strategy certainly makes sense to many companies. The large fines above are examples of this class of penalties. For example, the U.S.

Compliance 111

Compliance Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies 111

Freightos

DECEMBER 6, 2023

Judah Levine December 6, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) were level at $1,620/FEU. Europe – N. America weekly prices rose 2% to $2.14/kg.

Negotiating Skills 118

Negotiating Skills Price Reduction Optimal Sourcing Vendor Strategies 118

Conger

JULY 16, 2021

The goal of warehouse automation systems is to eliminate labor-intensive and time-consuming duties. Digital automation relies on software and electronics to reduce manual processes and improve the focus on customers and vendors. Digital automation refers to the use of software and electronics to reduce reliance on manual labor.

Automation 59

Automation Vendor Strategies Trends Expense Reduction 59

SYSPRO Smarter ERP

JUNE 9, 2022

Which vendors are late delivering components to us? Here’s an example. The BI tool needs to be able to easily pull all this data together for analysis. Bringing in additional outside data sources can make analysis even more powerful by enabling one to look at a question from a more holistic point of view.

Supply Chain Planning Software 98

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

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. Agility and Resilience Dr. Runkle gave a few examples of the varied ways in which they use the solution to improve their operations.

Supply Chain Planning Software 163

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 163

GlobalTranz

JUNE 11, 2015

We conclude our series on supplier quality management (SQM) today with a look at some case studies and examples of benefits derived from the application of a supplier quality management system. Examples and Case Studies from the Implementation of a Supplier Quality Management System. Reduced supplier nonconformance from 176 to 30.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Design Software Examples Case Study 94

Logistics Viewpoints

OCTOBER 11, 2021

Jackson Wood, director of industry strategy for global trade intelligence at Descartes. I had interesting conversations with Jackson Wood- director of industry strategy for global trade intelligence at Descartes, and Linda McKee – director of solution management for global trade services at SAP. Both are leaders in this market.

Compliance 125

Compliance SAP Vendor Strategies Sourcing Strategies 125

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. For example, technology helps to maximize efficiency and, in turn, increase profitability. Enhanced control over shipment scheduling.

Optimal Sourcing 62

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

Penske Move Ahead

SEPTEMBER 5, 2024

Upon hearing I was in the logistics industry, a recent dinner companion of mine posed a question about his personal investment strategy. I could go on with more short-term examples, but you are likely seeing a common theme here. The question was: “What’s happening in the supply chain field with AI, and is this stuff for real?

Supply Chain Design Software 41

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 41