GlobalTranz

OCTOBER 29, 2015

The 4PL built a new routing tool specifically for Whirlpool that offered overall cost optimization and mode selection. This exercise prompted Whirlpool to question whether having a single logistics provider was the best structure to exceed customer expectations and maximize cost savings.

Case Study 93

Case Study Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 93

Logistics Bureau

JULY 18, 2022

Step 2: Gap Analysis – Customer Requirements and Supply Chain Trends. Now you know what your customers genuinely expect from your outbound and reverse supply chain, so it’s time to undertake a gap analysis. Ideally, though, evaluating your position against competitors should not solely be a KPI benchmarking exercise.

Inventory Reduction 98

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 98

Blue Grace Logistics

MARCH 26, 2019

It will enable data sharing among all functions, highlight errors and outliers in the data, and speed up data analysis thus increasing efficiency, improving accuracy and lowering operating costs. However, like with all new things, there’s a need to exercise caution. However, like with all new things, there’s a need to exercise caution.

Supply Chain Software 54

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

Logistics Bureau

OCTOBER 10, 2024

Product slotting is a warehouse term that involves placing products in optimal locations within a warehouse to enhance operational efficiency. To do a proper analysis though, we need to go a bit more in-depth. The most common way to determine the velocity is through ABC analysis, using order lines as the velocity indicator.

Production 74

Production Inventory Reduction Cost Reduction Expense Reduction 74

UL EHS- Sustainability

OCTOBER 31, 2019

A training needs analysis (TNA) will identify where employee training can make a meaningful contribution towards improving performance. The analysis can also reveal other variables that cause employees not to perform at the optimum levels– organizational culture, personal problems, job satisfaction or financial compensation.

Buyer Training 40

Buyer Training Optimal Sourcing Expense Reduction Cost Reduction 40

3PL Links

JUNE 19, 2024

Efficient inventory management To prevent running out of stock or having too much on hand, you must exercise caution when handling the inventory of your company. Optimization of delivery routes Utilize technology to cut down on travel expenses and times by optimizing delivery routes.

Expense Reduction 48

Expense Reduction Inventory Reduction Optimal Sourcing Sourcing Strategies 48

Logistics Bureau

DECEMBER 19, 2022

It also stands to reason that when you undertake a slotting exercise, you should think about it from the perspective of these activities. The most common way to determine the velocity is through ABC analysis , using order lines as the velocity indicator. While slotting is primarily a numbers exercise, data can’t tell the whole story.

Production 98

Production Inventory Reduction Cost Reduction Resource Reduction 98

GlobalTranz

NOVEMBER 30, 2015

We also included some other tips successful folks do before 8 am and right before bed to stay as optimized as possible, including a few productivity tools. After all as Eric Kimberling's analysis of 'leadership lessons' says: “The differing results of manufacturers are due to unique leadership traits of their executive teams.”.

Optimization Software 54

Optimization Software After-sales Exercises ERP 54

Infosys Supply Chain Management

FEBRUARY 8, 2012

They expand into an analysis of revenue-accruing & cost-optimizing functions, and result in the identification of capabilities that the organization aspires to develop or enhance. Let us take an initiative such as Inventory Optimization as an example. Enterprise transformations are a multi-year exercise in the making.

Supply Chain Planning Software 34

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Supply Chains 34

Logistics Bureau

JANUARY 30, 2017

Strange as it may seem, many business leaders don’t have the answers to these questions , because they’ve never conducted an exercise to understand the costs involved with supplying their customers. As supply chain mistakes go, neglecting network design analysis is possibly one of the costliest.

Supply Chain Design Software 67

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 67

Logistics Bureau

NOVEMBER 6, 2023

Look at the Warehouse Layout Incidentally, while you evaluate the warehouse layout from a lighting perspective, it’s worth considering, in parallel, whether it’s also optimal for operational efficiency and productivity. 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

Logistics Bureau

MAY 24, 2019

The Path to Cost Reduction: The company undertook a supply chain network-redesign program, resulting in the commissioning of intermediate “merge centers” and optimization of cross-dock terminal locations. Procurement analysis. These issues existed against a backdrop of a volatile, seasonal market. Supplier communication.

Cost Reduction 77

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 77

Blog on Log

AUGUST 19, 2006

However, in reality most strategic planning exercises neither embed foresight, nor create responsive networks. Tactical planning addresses how best to use the existing facilities and assets for optimal customer service at least cost. The periodicity may range from six months to five years.

Supply Chain Planning Software 40

Supply Chain Planning Software Logistics Network Optimization Software Tracking and Tracing Supply Chain Design Software 40

Logistics Bureau

JANUARY 7, 2020

If your supply chain network design has not been under the microscope, and you care about business success, it’s probably time to consider the benefits of a design review and optimisation exercise. 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

Logistics Bureau

APRIL 3, 2023

Process Specialisation Outsourced manufacturers, logistics providers, and other supply chain service partners dedicate all their resources to optimizing processes that, while essential for the success of your organisation, are secondary to its principal objectives.

Outsourcing 98

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 98

Logistics Bureau

JANUARY 25, 2017

Workflow optimization. As in other domains, data analysis and business intelligence requirements and opportunities are now on the rise. Transferable skills and knowledge for success in different supply chain roles and industries can include: Knowledge of logistics, supply chain management and transportation. Financial planning.

Negotiating Skills 75

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

Logistics Bureau

OCTOBER 2, 2016

If your supply chain network design has not been under the microscope, and you care about business success, it’s probably time to consider the benefits of a design review and optimisation exercise. The use of a methodology known as “cost to serve analysis” often reveals shocking realities about supply chain costs.

Supply Chain Design Software 99

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

Supply Chain Brain

MAY 7, 2018

to the complex exercise of pricing. The analysis ripples through the many stages of a supply chain, each of which can have a major impact on the final price of a product. That, at least, is how Geoff Webb, vice president of product marketing with PROS , sees the application of A.I. At the same time, an A.I.-driven

Price Reduction 40

Price Reduction Supply Chain Planning Software Modeling Software Supply Chain Software 40

Logistics Bureau

JANUARY 20, 2025

Step 2: Gap Analysis Customer Requirements and Supply Chain Trends Now you know what your customers genuinely expect from your outbound and reverse supply chain, so its time to undertake a gap analysis. Ideally, though, evaluating your position against competitors should not solely be a KPI benchmarking exercise.

Inventory Reduction 40

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 40

Logistics Bureau

AUGUST 21, 2016

That’s not to say that the following signs and symptoms are harbingers of disaster, but they should certainly prompt a distribution network design review, along with a modeling exercise to check if your outbound supply chain is maintaining that all-important balance between cost and service. Click To Tweet.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Design Distribution Networks 40

Logistics Bureau

DECEMBER 28, 2024

Performance is Sub Optimal Related to the core skill issue, often organizations which have a strategic focus, other than in transport or warehousing, cannot attain the desired performance levels and Key Performance Indicators (KPIs) required by their customers. To assist your analysis, examples of industries are plotted on the matrix.

Outsourcing 52

Outsourcing Inventory Reduction Cost Reduction Price Reduction 52

Talking Logistics

SEPTEMBER 4, 2018

Is it about optimization? This system uses Multi-Echelon Planning as a base combined with statistical models we developed that are applied at different phases of the exercise. What is Inventory Management? Is it about having enough stock? Or is it about having no stock? The answer varies from function to function in the supply chain.

Inventory Reduction 96

Inventory Reduction Inventory Logistics Network Optimization Software Cost Reduction 96

Camelot 3PL Software

JANUARY 16, 2022

Shippers are looking for innovative ways to leverage technology to optimize their shipping options. The adage Speed, Quality, Cost – Pick two is an everyday exercise. Smaller warehouses also require more optimized use of space. However, the probabilities are increasing, requiring more proactive analysis and planning.

Warehousing 52

Warehousing Trends 3PL Supply Chain Planning Software 52

Infosys Supply Chain Management

MARCH 1, 2015

While the folks in the meeting discussed emphatically on how requirements are changed as late as User Acceptance test, I actually got tele-transported back to my stint in a process optimization exercise at one of the largest utility companies.

Packaging 20

Packaging Exercises Optimization Modeling Meeting 20

Logistics Bureau

NOVEMBER 3, 2024

If your supply chain network design has not been under the microscope, and you care about business success, it’s probably time to consider the benefits of a design review and optimisation exercise. The use of a methodology known as “cost to serve analysis” often reveals shocking realities about supply chain costs.

Supply Chain Design Software 74

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 74

Logistics Viewpoints

NOVEMBER 19, 2024

AI techniques like sentiment analysis can identify the emotions in language to provide insights for certain purposes like customer service or targeted marketing, but these methods don’t achieve true emotional intelligence, they only barely scratch the realm of human feelings, which defy rationality.

Supply Chain Design Software 116

Supply Chain Design Software Negotiating Skills Optimal Sourcing Supply Chain Software 116