Logistics Bureau

MAY 24, 2021

Among the universal challenges that the COVID-19 pandemic has imposed upon the supply chain management profession is the question of inventory, specifically, “how much is enough?”. It wasn’t long ago that businesses were asking, “By how much can I reduce my levels of inventory?”. Let’s Start with Safety Stock.

Inventory Reduction 118

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 118

Logistics Bureau

OCTOBER 10, 2022

Too much inventory in your distribution network? Inventory costs too high? These are all pervasive issues for supply chain operators worldwide—and are classic symptoms of suboptimal inventory performance. But what exactly does inventory optimisation mean, and what obstacles must first be broken down to achieve it?

Inventory Reduction 125

Inventory Reduction Inventory Optimization Modeling Optimization Software 125

SYSPRO Smarter ERP

DECEMBER 19, 2022

In an increasingly unpredictable world environment, practices for planning and forecasting inventory levels that worked in the past need to be reviewed. In the 1990s, APS (Advanced Planning and Scheduling) arose as a solution for making better decisions about inventory. Inventory optimization.

Inventory Reduction 105

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 105

Logistics Bureau

AUGUST 7, 2023

Effective inventory management has become increasingly crucial for businesses in this fast-paced and rapidly evolving era of ecommerce. Moreover, the ecommerce explosion has brought new and unique challenges that complicate inventory management for enterprises selling online.

Inventory Reduction 105

Inventory Reduction eCommerce Inventory Procurement Solutions 105

SYSPRO Smarter ERP

FEBRUARY 2, 2022

Manufacturers have incurred significant financial losses due to supply chain disruptions and the subsequent inventory management challenges. Companies struggling to manage their supply chains often lack data for decision making, have siloed systems and inefficient inventory management practices. AI in inventory management.

Manufacturing Procurement 105

Manufacturing Procurement Inventory Reduction Inventory Optimal Sourcing 105

The Logistics of Logistics

OCTOBER 26, 2020

Vendor Managed Inventory. Inventory Management. Supply Chain Security Analysis. Distribution Center Management. Site Location. Transloading. Fulfillment. Logistics Services. LLP/4th Party Logistics. Integrated Logistics. Just-in-Time (JIT). Global Trade Svcs. Inbound Logistics. Logistics Process Reengineering. Vendor Management.

3PL 367

3PL Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software 367

Logistics Bureau

SEPTEMBER 4, 2023

Have you conducted a cost-to-serve (CTS) analysis for your enterprise? And that is the sole purpose of cost-to-serve analysis. If you were going to say, “What is a cost-to-serve analysis?” Only a complete cost-to-serve analysis will expose these underlying issues unless they happen to be discovered incidentally.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Cost Reduction Analysis 105

SYSPRO Smarter ERP

DECEMBER 19, 2022

In an increasingly unpredictable world environment, practices for planning and forecasting inventory levels that worked in the past need to be reviewed. In the 1990s, APS (Advanced Planning and Scheduling) arose as a solution for making better decisions about inventory. Inventory optimization.

Inventory Reduction 98

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 98

SYSPRO Smarter ERP

NOVEMBER 30, 2021

Forced to implement protective measures through the pandemic, some companies increased overhead by stock piling inventory which negatively affects both cash flow and profits. Manufacturers can use forecasting to support inventory optimization. Managing Inventory. labor, materials and warehousing, to IT, freight and safety.

Supply Chain Planning Software 105

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

MTS Logistics

MAY 27, 2022

inventories and consumer behavior, and reconciling them with maritime supply/demand dynamics is getting harder each day. For example, recently Target was forced to write down the value of excess inventory that’s stuck in warehouses. The shipping ecosystem is ever-changing. However, the efforts to slow down inflation in the U.S.

Global logistics 84

Global logistics Analysis Negotiate Pricing Negotiating Skills 84

The Logistics of Logistics

MAY 8, 2023

Shane began his career working with the Wal-Mart Innovation Network, a group dedicated to providing market feasibility analysis to inventors and innovators. Square1 Logistics has a team of experienced logistics professionals with expertise in various areas, including transportation management, inventory control, and order fulfillment.

3PL 329

3PL Logistics Network Optimization Software Buyer Training Distribution 329

Logistics Viewpoints

MARCH 8, 2021

A supply chain design solution examines the trade-offs between sourcing options, production and distribution costs, inventory carrying costs, transportation costs, customs and duties processes to come up with the total costs associated with achieving a targeted service level for a particular strategic option.

Supply Chain Design Software 172

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Supply Chain Software 172

Logistics Bureau

NOVEMBER 30, 2024

Given this knowledge, does your organisation place enough importance on the management of MRO inventory? If yours is one of them, and you’re wondering where and how to start getting a grip on MRO inventory, this post might help. Do you know the depletion rate of your MRO-related inventory?

Inventory Reduction 69

Inventory Reduction Inventory Procurement Solutions Supply Chain Planning Software 69

Logistics Bureau

APRIL 19, 2022

And get to know about ABC analysis and Pareto analysis. Related articles on this topic have appeared throughout our website, check them out: A Concise Guide to Inventory KPIs for Your Business. Here are some tips on Warehouse Diagnostics and some of the KPIs and techniques you might use.

Analysis 108

Analysis Supply Chains Tips Inventory 108

Logistics Viewpoints

FEBRUARY 16, 2021

And the impact doesn’t stop there, since trade-off decisions will be required to answer questions like which customer is most important to satisfy with the limited bolts in inventory and if production capacity should be reallocated. Scenario analysis allows you to weigh alternatives by calculating the effects of possible changes.

Supply Chain Planning Software 187

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 187

Logistics Viewpoints

DECEMBER 11, 2023

They have developed a proprietary inventory analysis tool that can not only help companies achieve service level goals with less inventory, but the inventory analysis can also flow into helping design an efficient warehouse layout. They do supply chain strategic consulting and supply chain planning implementations.

Supply Chain Design Software 165

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 165

The Logistics of Logistics

SEPTEMBER 22, 2021

Warehousing services include: Warehouse Storage, Pick and Pack, Sub-assembly, Site Location, Distribution Center Management, Inbound Shipping, Outbound shipping, Receiving, Putaway, Put-away, Order processing, Replenishment, Pulling, Restocking, Picking, Validation, Sorting, Distribution Center Management System (DCMS), Vendor Managed Inventory (VMI), (..)

Supply Chain Planning Software 195

Supply Chain Planning Software Logistics Network Optimization Software Transportation Supply Chain Software 195

Logistics Viewpoints

NOVEMBER 18, 2024

For example, at one point, they modeled Brazil and factored tariffs and tax considerations into the total landed costs analysis. They only promise at most 50% of the savings shown by the analysis. I would never want someone to trust 100% that what comes out of the model can be put into action.”

Supply Chain Design Software 139

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Planning Software 139

The Logistics of Logistics

DECEMBER 6, 2021

gateway for trade with Asia reached the highest since the pandemic began, exacerbating delays for companies trying to replenish inventories during one of the busiest times of the year for seaborne freight. Our team is also available for advisory boards, leadership recruitment, and corporate speaking engagements. Lauren Beagen LinkedIn.

Inventory Reduction 195

Inventory Reduction Material Savings Maritime Supply Chain Software 195

Logistics Viewpoints

APRIL 5, 2023

ARC Advisory Group, where I work, publishes an analysis of the 25 manufacturers with the most mature digital transformations. This report provides a cross-industry perspective on digital transformation in logistics including digital maturity in inventory management, transportation, fleet maintenance, safety and compliance, and more.

Digital 165

Digital Supply Chain Software Supply Chain Design Software Logistics Network Optimization Software 165

The Logistics of Logistics

NOVEMBER 15, 2021

Vendor Managed Inventory. Inventory Management. Supply Chain Security Analysis. Distribution Center Management. Site Location. Transloading. Fulfillment. Logistics Services. LLP/4th Party Logistics. Integrated Logistics. Just-in-Time (JIT). Global Trade Svcs. Inbound Logistics. Logistics Process Reengineering. Vendor Management.

Logistics Network Optimization Software 195

Logistics Network Optimization Software 3PL Supply Chain Planning Software Supply Chain Design Software 195

Commercial Carrier Journal

AUGUST 21, 2023

bridges need major repair work or should be replaced, according analysis of the U.S. Department of Transportation 2023 National Bridge Inventory database. More than 222,000 U.S.

Analysis 92

Analysis Inventory Transportation 92

Logistics Viewpoints

AUGUST 29, 2024

Dynamic Slotting involves the use of software and algorithms to perform velocity and affinity analysis, in a real-time, ever adapting fashion, through the use of artificial intelligence and machine learning. By conducting a velocity analysis, the software can categorize products based on their demand and importance.

Waste Reduction 153

Waste Reduction Optimal Sourcing Sourcing Strategies Resource Reduction 153

Logistics Viewpoints

JULY 23, 2024

Map supply chain processes: Map out the various processes within the supply chain, from sourcing and procurement to production, inventory management, distribution, and customer fulfillment. Data inventory and assessment: Conduct a comprehensive inventory of available data sources within the organization, including internal systems (e.g.,

Optimal Sourcing 160

Optimal Sourcing Supply Chain Software Supply Chains Data 160

Ship Monk

FEBRUARY 9, 2024

Accurate data forecasting requires accurate data, robust data analysis tools, and people who understand how to use them. If you’re not careful, the costs of forecasting can outweigh the potential savings in inventory costs. All of them rely on data, whether you’re using historical data or new findings gathered from consumer research.

eCommerce 105

eCommerce Operations Inventory Reduction Modeling Software 105

Logistics Viewpoints

NOVEMBER 5, 2024

Blyncsy’s map utilizes crowdsourced dash camera imagery from over 1 million vehicles, which, combined with its AI image analysis capabilities, can detect more than 40 different road conditions and asset inventory issues in near-real time.

Digital 141

Digital Analysis Data Inventory 141

Logistics Viewpoints

MARCH 25, 2021

The system wasn’t prepared for the surge, driving up pricing for transportation and sapping inventory levels. To build supply chain resiliency, leaders should consider these factors: Buffer inventory and shift away from JIT. The coronavirus disruptions highlighted the stressed nature of lean and just-in-time inventories.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 195

Logistics Viewpoints

MAY 11, 2023

In the warehouse context, a digital twin can be created to represent the physical layout, inventory, equipment, and workflows of a warehouse. Inventory management Another area where digital twins can be beneficial is inventory management. come with any of them.

Optimization Software 161

Optimization Software Supply Chain Design Software Modeling Software Digital 161

3PL Links

AUGUST 12, 2024

is known as inventory management. We will show you the seven most common mistakes to avoid when managing inventories in this article today. You won’t even be able to recognize the problem if an asset that entered inventory has the code 300452 but the employee reported it as 300453.

Inventory 48

Inventory Supply Chain Planning Software Optimization Software Efficiency 48

Logistics Viewpoints

JULY 22, 2024

The use of RF devices, in combination with the data visibility EWM would improve inventory accuracy. After doing a fit-gap analysis, they developed a global template for the rollout that allowed for small nation-specific adjustments. This, in turn, would drive better customer service. Improved service was a key driver of the project.

SAP 144

SAP Supply Chain Software Procurement Solutions Logistics Network Optimization Software 144

Logistics Viewpoints

JANUARY 26, 2024

Retailers are reviving an old playbook to manage their inventory levels after four years of struggling to find the sweet spot of holding enough merchandise but not too much. CargoNet’s analysis of fourth-quarter 2023 data showed a 68% year-over-year increase compared with 2022. And now on to this week’s logistics news.

Logistics Network Optimization Software 158

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Inventory Reduction 158

Log-hub

OCTOBER 1, 2024

3 min read Up to 15% cost savings and boosted service levels with data-driven inventory management tailored to users’ unique demand patterns. Log-hub is expanding its portfolio with the new Inventory Optimization App , a powerful tool designed to streamline inventory management while reducing costs. Who benefits most?

Optimal Sourcing 40

Optimal Sourcing Inventory Reduction Cost Reduction Inventory 40

Logistics Viewpoints

APRIL 4, 2024

During summer days, I didn’t mind doing inventory checks in the fridge and freezer because it meant I got to cool down. Another example of data normalization is accounting for lost sales due to stockouts or waste of perishable products due to overstocking of inventory.

Scenario Planning 156

Scenario Planning Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 156

Logistics Viewpoints

FEBRUARY 20, 2024

The manufacturing capacity for each plant is the same (90K units per month), and there are no maximum inventory constraints. Scenario #2 provides the SCND team with the true, long-term optimal sourcing location for every customer and calculates the necessary inventory level by plant.

Supply Chain Design Software 155

Supply Chain Design Software Sourcing Strategies Supply Chain Design Inventory Reduction 155

Logistics Viewpoints

JANUARY 23, 2024

Zebra Technologies and FourKites The Zebra Technologies booth highlighted a number of supply chain-focused partnerships, including an e-commerce packing and sortation conveyor and AI powered inventory management application. Infor is able to use its visibility application to dynamically update ETAs and look at the impact on inventory.

Supply Chain Planning Software 143

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 143

Logistics Viewpoints

APRIL 3, 2023

Even if a company does a pareto analysis and addresses 80% of the exceptions, that 20% of issues unaddressed leaves a lot of money on the table. If there is not enough inventory to meet the demands of all the customers, which customers does a company prioritize? Allocation is a good example of this.

Supply Chain Planning Software 170

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 170

Ship Monk

FEBRUARY 29, 2024

As much as we’d like to think that ecommerce is taking over the world, it still only accounts for around 21% of retail sales according to a 2023 Digital Commerce 360 analysis of U.S. A physical store can also help with inventory and returns in areas that may need logistical support. Department of Commerce figures.

eCommerce 105

eCommerce Inventory Reduction Waste Reduction Cost Reduction 105