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

GlobalTranz

APRIL 6, 2015

Look at these 7 supply chain trends as a guide to better your supply chain today. In this article, Professor Burcu Keskin from University of Alabama will share 7 supply chain trends that working professionals should watch. INFOGRAPHIC] 7 Supply Chain Trends as Laid out by Supply Chain Expert. 3) Risk Management.

Optimal Sourcing 118

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

Talking Logistics

SEPTEMBER 4, 2018

What is Inventory Management? For Manufacturing it’s about carrying zero or minimum inventory. For Logistics the focus is on high inventory turns. For Logistics the focus is on high inventory turns. For Management: a balancing strategy, etc…. Inventory Management: There’s No One-Size-Fits-All Approach.

Inventory Reduction 84

Inventory Reduction Inventory Logistics Network Optimization Software Cost Reduction 84

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

EazyStock

OCTOBER 20, 2020

Inventory Control Techniques that use Stock Optimization Best Practices. There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. Firstly, let’s get a few definitions: What is inventory control? 6 Inventory Control Techniques to Optimize Stock Levels.

Inventory Reduction 98

Inventory Reduction Optimization Software Inventory Optimization Modeling 98

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 370

3PL Logistics Network Optimization Software Buyer Training Distribution 370

Logistics Viewpoints

DECEMBER 15, 2022

For companies that want to go beyond the traditional spreadsheet, which cannot handle this ocean of information efficiently, statistical methods such as cluster analysis can help. What is Cluster Analysis? Cluster analysis is a statistical umbrella term for methods that classify data points according to their attributes.

Optimal Sourcing 101

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 101

EazyStock

NOVEMBER 17, 2020

What is ERP inventory management? When it comes to inventory management, ERP systems are ideal for tracking stock along the supply chain, monitoring stock levels and order processing. ERP inventory management limitations. ERP inventory management needs sophisticated demand forecasting.

ERP 98

ERP Inventory Reduction Inventory Optimization Software 98

Logistics Bureau

NOVEMBER 30, 2024

If your company is in the business of maintenance, repair, and operations (MRO) – providing services and supplies to keep equipment and facilities running – you should already be aware of the strengthening trend in service as a source of value, both in business-to-business and business-to-consumer marketplaces. What is MRO?

Inventory Reduction 87

Inventory Reduction Inventory Procurement Solutions Supply Chain Planning Software 87

3PL Links

MAY 3, 2023

Improving Supply Chain Visibility: The Impact of Data Strategy | Image source: Pixabay A business-contextualized data approach is crucial for boosting supply chain visibility, especially during downturns. Read also: Revolutionizing the Industry: Discover the Top 3 Logistics Trends for 2023! What are the company’s goals?

Sourcing Strategies 62

Sourcing Strategies Inventory Reduction Material Savings Cost Reduction 62

GlobalTranz

APRIL 20, 2021

Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic. It’s the result of a deliberate strategy that may require tradeoffs compared to other approaches. The coronavirus disruptions highlighted the stressed nature of lean and just-in-time inventories.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

EazyStock

JUNE 24, 2020

Common challenges include unpredictable customer behavior, unreliable inventory supplies, rising logistical costs and internal capacity constraints. Inventory optimization software is an important piece of the puzzle. It is critical to helping inventory management teams understand and manage demand and supply variables.

Procurement Solutions 98

Procurement Solutions Inventory Reduction Inventory Supply Chain Planning Software 98

3PL Links

MAY 19, 2024

Image source: PxHere | Mastering Demand and Inventory Planning: Essential Strategies for Success Have you ever thought about how businesses effectively satisfy customer demand and maintain supplied inventory? Demand and inventory planning is a critical procedure that holds the key to success. How to do demand planning?

Inventory Reduction 48

Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 48

Logistics Bureau

JANUARY 3, 2018

It’s that time when idle chatter at the office Christmas lunch turns to debating what next year will bring, especially among logistics and supply chain professionals, for whom it seems every New Year brings new challenges, trends, and disruptive innovations. The 7 Trends for Supply Chain Pros to Watch in 2018.

Supply Chain Design Software 97

Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software Supply Chain Design 97

EazyStock

APRIL 13, 2022

What is a supply chain strategy? A supply chain strategy explains how a company will bring goods into the business and get them out to customers as effectively as possible. Considering every phase in the supply chain, such as sourcing goods, logistics and delivery, the strategy optimizes operations to reduce costs and maximize profits.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 52

MTS Logistics

DECEMBER 15, 2023

Within the project cargo sector, there is a growing trend in infrastructure development investments that are driving the demand for project cargo services. Automation and advanced cargo handling equipment in project cargo is also helping by slashing shipping times and even nearly eliminating errors.

Trends 98

Trends Cargo Supply Chain Software Logistics Network Optimization Software 98

EazyStock

MARCH 4, 2021

How to Increase Inventory Turnover with Inventory Optimization. The concept of inventory optimization helps many businesses improve their inventory turnover – without damaging stock availability. The Importance of Improving your Inventory Turnover. Prioritize your inventory. Reorder smarter.

Optimal Sourcing 59

Optimal Sourcing Inventory Reduction Inventory Optimization Software 59

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

EazyStock

JANUARY 31, 2022

Inventory Management KPIs for Effective Inventory Analysis. Managing inventory is a complex business. Inventory management KPIs are important as they help analyze and track the performance of inventory management activities such as how stock is ordered, managed and turned. Inventory turnover ratio.

Inventory Reduction 52

Inventory Reduction Inventory Analysis Optimization Software 52

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

GlobalTranz

OCTOBER 6, 2017

An effective warehouse management strategy can successfully reduce rework and drive warehouse management cost savings. However, poor decisions and assumptions can lead to the buildup of other inefficiencies, diminishing the value of your existing warehouse management strategy. Manage All Inventory Flows, Including Returns.

Cost Reduction 10

Cost Reduction Inventory Reduction Vendor Strategies Price Reduction 10

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 Viewpoints

MARCH 25, 2021

Global trade regulations and conflicts, as well as tariff threats as a political tool, could cut off sources and markets and push your business plan into the red. Your transportation consultant can help develop response strategies to ensure your supply chain continues to operate while the problem is addressed.

Supply Chain Planning Software 127

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 127

SYSPRO Smarter ERP

NOVEMBER 8, 2021

According to McKinsey , the value of goods traded globally has tripled to more than US$10 trillion since 2000, and because of recent events, they are having to re-evaluate supply chain strategies. Unfortunately, the state of disruption to the current landscape has never been contemplated and very few strategies exist to navigate it.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 116

3PL Links

DECEMBER 17, 2024

Image source: iStocks | Top 7 Most Impactful Logistics Trends to Watch in 2025 As another year comes to an end, managers and business owners are dedicating themselves to a crucial stage in the success of any business: evaluating what worked and what can be improved in their operations.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Trends Logistics Network Optimization Software 62

Logistics Bureau

JANUARY 20, 2025

As youll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, weve discovered that many companies lack a defined and documented supply chain strategy. A company without a supply chain strategy is at a competitive disadvantage.

Inventory Reduction 48

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 48

GlobalTranz

OCTOBER 14, 2015

Technology can help to simplify your supply chain management, which will enable your business to operate more efficiently, give you more visibility and control over your inventory, and help to reduce your operational costs. RFID chips are placed on every product and provide a way for business owners to easily track their inventory.

Supply Chain Planning Software 104

Supply Chain Planning Software Supply Chain Software Supply Chain Technology Sourcing Strategies 104

Logistics Bureau

JANUARY 20, 2025

Supply chain automation refers to the tools and technologies we can use to make manual tasks automated, reducing the need for human workers. These smart robots talk to the WMS to optimise picking routes and cut order fulfillment time in half. This means you can keep optimal inventory levels and avoid stockouts and overstocking.

Supply Chain Software 90

Supply Chain Software Supply Chain Design Software Supply Chain Design Supply Chains 90

Ship Monk

FEBRUARY 9, 2024

The process usually includes analyzing historical data for seasonal trends and product performance, as well as gathering current data on competitors, marketplace trends, future marketing plans and promotions. Accurate data forecasting requires accurate data, robust data analysis tools, and people who understand how to use them.

eCommerce 105

eCommerce Operations Inventory Reduction Modeling Software 105

WorkWave

MARCH 5, 2025

By seamlessly integrating data from multiple sources across branches and business functions, organizations can eliminate data silos , ensure consistent and reliable information, and gain real-time visibility into operations. Missed opportunities: Businesses cant identify patterns or optimize strategies without cross-branch insights.

Optimal Sourcing 66

Optimal Sourcing Waste Reduction Resource Reduction Sourcing Strategies 66

SYSPRO Smarter ERP

MARCH 20, 2024

For manufacturers, having the right business intelligence on hand at the right time can eliminate the guesswork from decision making, offering real-time visibility into business processes so you can anticipate your next move. Eliminate reporting inconsistencies and data redundancy. Reduce data warehousing costs.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Expense Reduction Cost Reduction 105

MTS Logistics

DECEMBER 20, 2023

Elastic logistics is becoming a shining example of efficiency and cost savings due to its capacity to dynamically react to changing demand by expanding or reducing operations. Let’s dissect the essential elements that make up this dynamic strategy: 1. Elastic logistics also ushers in a new era of supply chain resilience.

Supply Chain Software 105

Supply Chain Software Supply Chains Inventory Reduction Cost Reduction 105

SYSPRO Smarter ERP

JULY 2, 2024

AI for manufacturers Using artificial intelligence (AI) in manufacturing can significantly improve productivity, reduce equipment failure, increase production efficiency and help identify new business opportunities. ML and DL are mainly used in data analysis, classification, clustering, and ranking. ML models learn from data.

Supply Chain Planning Software 105

Supply Chain Planning Software Modeling Software Optimization Software Supply Chain Design Software 105

Log-hub

JANUARY 8, 2025

Thats why its more important than ever to focus on strategies that work and make them part of your plan moving forward. Lets explore the key strategies that can keep your business ahead of the competition in 2025. Look into tools that help with inventory management or consider robotic process automation (RPA) for repetitive tasks.

Optimal Sourcing 40

Optimal Sourcing Waste Reduction Inventory Reduction Resource Reduction 40

Conger

APRIL 1, 2024

By carefully planning and scheduling maintenance before issues arise, businesses can avoid interruptions and reduce costs associated with emergency repairs and downtime. Continue reading to learn more about this essential strategy to ensure your equipment performs optimally at all times. Let’s dive in!

Material Savings 81

Material Savings Expense Reduction Resource Reduction Cost Reduction 81

MTS Logistics

DECEMBER 16, 2021

Inventory control. To manage the extreme drop in ocean shipping reliability, importers are shipping earlier than they used to and eliminating the items that have become extremely expensive. The post 2022 Shipping Expectations and Trends: An Overview appeared first on More Than Shipping.

Trends 108

Trends Negotiating Skills Vendor Strategies Supply Chains 108

The Logistics of Logistics

MAY 18, 2022

In this episode, Joe Lynch sits down with William Sandoval , the Senior Vice President of Product Management and Strategy at PowerFleet Inc. I’m the Senior Vice President of Product Management and Strategy for PowerFleet. You work with the big boys and a lot of large retail chains that are on the cutting edge of stuff.

Data 369

Data Modeling Software Supply Chain Design Software Optimization Software 369