GlobalTranz

MAY 6, 2015

Eliminate All Waste in the Supply Chain So That Only Value Remains. o Space—holding places for unnecessary inventory. o Inventory—inactive raw, work-in-process, or finished goods. o Energy-(Sometimes called the eighth waste): eliminate wasteful energy in the supply chain: minimize electricity, gas, utilities, etc.

Supply Chain Planning Software 127

Supply Chain Planning Software Waste Reduction Inventory Reduction Supply Chain Software 127

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

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. Additional network complexity: It can be troublesome to juggle inventories for conventional and digital retail sales channels. Where to Start Looking for Cost-to-Serve Reductions.

Cost Reduction 118

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 118

Logistics Viewpoints

DECEMBER 11, 2023

My colleague Clint Reiser has completed a study on warehouse management system (WMS) boutiques. We are teaming up to bring you the coolest supply chain boutiques, listed alphabetically, that we identified through those studies. I’ve completed research on supply chain planning (SCP) boutiques. What is a boutique?

Supply Chain Design Software 169

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 169

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. In terms of resilience, the goal is to reduce lead times and increase service levels.

Supply Chain Design Software 143

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Planning Software 143

Material Handling and Logistics

NOVEMBER 6, 2018

Using RFID, companies can triple their order accuracy and reduce chargebacks. Measuring a sample of more than 1 million items from five leading retailers and eight brand owners, the study also found that when RFID was not implemented, 69 percent of orders shipped and received from brands to their retailer partners contained data errors.

RFID 114

RFID Ordering Inventory Reduction Supply Chain Software 114

Logistics Viewpoints

APRIL 15, 2021

Before the pandemic, in a study of logistics providers conducted by Fraunhofer IML, among those embarking on digitalization initiatives, only 25% of logistics providers in the Fraunhofer IML survey are leveraging digital technologies to think outside the box and reinvent their foundational delivery model. It should also be shared downstream.

Supply Chain Planning Software 164

Supply Chain Planning Software Supply Chain Software Supply Chains Digital 164

Locus

JUNE 16, 2023

A recent analysis by the American Trucking Associations (ATA) indicates that if existing trends persist, we could see a potential driver shortage reaching up to 175,000 by 2024. Read also: A Study of Unit Economics in Last Mile Delivery Is it essential to reduce last-mile delivery costs for vehicles?

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

Logistics Bureau

OCTOBER 9, 2023

Quality and Detail of Data and its Analysis In some of our earlier posts, we’ve stressed the importance of simplicity in distribution network design , and we will return to that topic later in this article. It’s not a short list, so we’ll set it down here as a summary to help you with plans for analysis.

Supply Chain Design Software 104

Supply Chain Design Software Supply Chain Design Distribution Networks 104

Logistics Bureau

NOVEMBER 6, 2023

Recent studies have shown that among the challenges frustrating warehouse and distribution centre managers this year, rising energy and labour costs are two of the most often cited. We hope the tips and ideas in this article will help you make inroads into warehouse energy and labour cost reduction.

Cost Reduction 116

Cost Reduction Purchasing Skills Waste Reduction Material Savings 116

GlobalTranz

APRIL 6, 2015

Many studies state that those who can manage the functions with the supply chain, they have a competitive advantage. However, with reduced life cycles, customer-driven innovative products and services have forced supply chains to be flexible and adaptable. One of these trends, in addition to inventory keeping, is dual/multi-sourcing.

Optimal Sourcing 118

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 118

Logistics Bureau

NOVEMBER 3, 2024

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 2014, a survey by Tompkins Consortium delivered a shocking revelation.

Supply Chain Design Software 71

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 71

GlobalTranz

OCTOBER 29, 2015

We conclude our ongoing series in talking about effective KPI management by giving you a real live Logistics KPIs management case study from Whirlpool's engagement with a logistics service level provider. We hope the following case study shows you the proverbial proof in the pudding of effective Logistics KPIs management. .

Case Study 93

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

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

MARCH 21, 2021

The premise of the study was interesting. The network planner does the demand/supply balancing, and the consolidated role makes a lot of senses as it eliminates silos. P&G activated its business continuity plans and repositioned inventory so that when the hurricane passed, they could supply consumers with what they needed most.

Supply Chain Planning Software 167

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 167

Logistics Viewpoints

FEBRUARY 28, 2022

Alex Pradhan, Product Strategy Leader John Galt Solutions, told me that “all planning vendors have bold marketing around AI.” This article, which is focused on the different types of artificial intelligence used and the types of problems they are solving, is aimed at helping practitioners cut through the hype. Final Thoughts.

Supply Chain Planning Software 182

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 182

Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. One of the most powerful tools employed in this endeavor is the ABCD Analysis.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. One of the most powerful tools employed in this endeavor is the ABCD Analysis.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Logistics Viewpoints

FEBRUARY 8, 2022

Manufacturers, retailers and their logistics partners often managed supply and demand volatility by shifting scarce inventory among stores or distribution centers, or investing in expedited freight charges, without considering the real implications of these strategies on their long-term profitability.

Optimal Sourcing 128

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 128

Log-hub

NOVEMBER 22, 2023

7 min read Maximizing Warehouse Efficiency: Unleashing the Potential of ABCD Analysis In the dynamic world of supply chain management, optimizing warehouse operations has become an indispensable factor for businesses. One of the most powerful tools employed in this endeavor is the ABCD Analysis.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

GoShip Blog

JANUARY 26, 2021

Thus, businesses should develop a flexible shipping strategy that will provide enough visibility to enhance the ultimate leg of the supply chain – last-mile delivery. Better inventory management. Timely order fulfillment and proper inventory management play a key role in the frictionless shipping process.

Inventory Reduction 72

Inventory Reduction Supply Chain Planning Software Expense Reduction Supply Chain Software 72

CLX Logistics

APRIL 17, 2020

Logistics, transportation, and supply chain management plans and strategies can always be updated to suit the ever-changing needs of your organization, your partners, and your suppliers. Their ongoing challenge is to create an efficient and differentiated transportation solution that supports their supply chain strategy in both markets.

Case Study 40

Case Study Study Inventory Reduction Cost Reduction 40

GlobalTranz

JULY 14, 2015

In some cases, human intervention and input will be completely eliminated. 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. Analysis of Trends and Recommendations. IoT and Machine Functionality.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

Logistics Business Magazine

FEBRUARY 1, 2022

According to the “The Total Economic Impact of Blue Yonder Luminate,” a commissioned study conducted by Forrester Consulting on behalf of Blue Yonder , Blue Yonder’s SaaS-based solutions do just that. The financial analysis from the study found that companies had a net present value (NPV) of $59.79m and a return on investment (ROI) of 394%.

Supply Chain Planning Software 63

Supply Chain Planning Software Logistics Network Optimization Software Inventory Reduction Cost Reduction 63

GlobalTranz

OCTOBER 6, 2021

In fact, a recent study , in partnership with Edelman Data & Intelligence, found a broad increased level of confidence from supply chain leaders despite peak season disruptions among those that have successfully implemented data-driven, third-party resources to manage heightened activity levels. Remote Tendering and Shipment Execution .

Optimal Sourcing 86

Optimal Sourcing Optimization Software Modeling Software Supply Chain Software 86

Logistics Bureau

NOVEMBER 16, 2020

One study shows that one in three companies in the United States has jobs that are taking nine to 12 months to fill. Another study reveals that the demand for supply chain talent exceeds supply by 6 to 1. You could be particularly numerate, or into analysis. It was seen as an unglamorous, little-understood niche field.

Supply Chain Planning Software 118

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

Ship Monk

APRIL 5, 2024

Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. SRM is more than a one-and-done analysis. Taking a collaborative approach with suppliers can help your business innovate, find better products and solutions, reduce inventory costs, and work around future problems.

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 105

SYSPRO Smarter ERP

SEPTEMBER 20, 2021

Similarly, a 2021 study from McKinsey showed that just 19% of companies that had adopted Industry 4.0 Inventory is another huge headache. But at the same time, if you’ve got excess inventory, that unnecessarily increases costs. Ensuring we had enough, but not too much inventory was always a stressful guessing game.

Manufacturing Procurement 110

Manufacturing Procurement Optimal Sourcing Optimization Software Digital 110

FLS Transport

MARCH 18, 2021

Another round of stimulus has passed, inventories remain decimated and economies are recovering as states reopen. Reduced 2020 traffic gave back drivers billions of hours. If 2020 was good for anything, it was good for reducing city traffic. According to an Inrix study, Congestion fell almost 50% across major U.S.

Freight 98

Freight Price Reduction Inventory Reduction Cost Reduction 98

MTS Logistics

OCTOBER 9, 2023

Regardless of their size, companies are reassessing their global supply chain strategies. By diversifying suppliers across different regions, companies can reduce the impact of localized disruptions. and European companies to reevaluate their supply chain strategies. What are the benefits of supply chain risk diversification?

Negotiate Pricing 81

Negotiate Pricing Negotiating Skills Supply Chain Software Supply Chains 81

Logistics Bureau

JANUARY 21, 2020

Logistics costs have increased substantially for Amazon as it delivers on its promise to cut Prime shipping times in half, while keeping delivery free for shoppers. The necessity to increase inventory levels. The need to move inventory around and adjust networks to be closer to customers. Is One-Day Shipping a Step Too Far?

Inventory Reduction 63

Inventory Reduction Cost Reduction Expense Reduction eCommerce 63

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

CLX Logistics

MAY 15, 2024

In this Case Study, we’re discussing the successes of the partnership and the tools and methodology that will fuel continued success in Europe and other regions. The Company found a strategic partner in CLX Logistics, and together, the companies have focused on increasing efficiencies, cutting spend, and improving transportation performance.

Inventory Reduction 58

Inventory Reduction Material Savings Cost Reduction Optimization Software 58

Penske Move Ahead

OCTOBER 1, 2024

Relationships are critical to the overall success of end-to-end supply chains, and the 2025 Annual Third-Party Logistics Study found that 89% of shipper respondents said their relationships are successful, a decrease from 95% in the previous study. 3PLStudy.com. Past publications can also be accessed as well.

Supply Chain Software 50

Supply Chain Software Study Supply Chains 3PL 50

GlobalTranz

JANUARY 20, 2015

Bottom line, it’s great to say you want to have a commerce-enabled site, but before jumping to the technology stage, what is your strategy? The Cerasis “e-commerce” blog category has great articles on developing your strategy. Conduct a customer analysis. We’ve conducted brand preference studies of manufacturers.

Manufacturing Procurement 105

Manufacturing Procurement Price Reduction Inventory Reduction Resource Reduction 105

CLX Logistics

MAY 15, 2024

In this Case Study, we’re discussing the successes of the partnership and the tools and methodology that will fuel continued success in Europe and other regions. The Company found a strategic partner in CLX Logistics, and together, the companies have focused on increasing efficiencies, cutting spend, and improving transportation performance.

Logistics Network Optimization Software 56

Logistics Network Optimization Software Inventory Reduction Material Savings Cost Reduction 56

3PL Links

DECEMBER 3, 2023

Predictive Analysis in Logistics and Supply Chain: How to Apply | Image source: Pexels In logistics, predictive analysis is simply the process of identifying and forecasting patterns, trends, and behaviors in both human and machine learning approaches, data, and algorithms. This ratio increased to 54% in 2022.

Supply Chain Planning Software 48

Supply Chain Planning Software Optimal Sourcing Analysis Supply Chain Software 48