Logistics Viewpoints

NOVEMBER 11, 2021

Is a replenishment strategy needed? The replenishment logic and smooth execution of inventory moves will keep pickers executing without waiting time. Slotting logic will keep required levels of stock in the picking locations, limiting the need to stop picking to replenish inventory needed to complete the orders.

Inventory Reduction 113

Inventory Reduction Inventory Cost Reduction Material Savings 113

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

Conger

MAY 24, 2023

Want to learn about automatic replenishment? Keep reading to find out: What automatic replenishment is How it works Who can benefit from it Its advantages and disadvantages The different types Best practices for choosing a system and vendor And lots more! Table of Contents What Is Automatic Replenishment? Let’s dive in!

Replenishment 40

Replenishment Supply Chain Planning Software Supply Chain Design Software Optimization Software 40

Logistics Viewpoints

JUNE 4, 2024

The trade-off between waste and lost sales is a critical consideration in inventory management and replenishment for perishable products. Companies must carefully consider expiration dates when replenishing inventory, aiming for precision in the quantity and timing of their orders.

Inventory Reduction 119

Inventory Reduction Supply Chain Planning Software Inventory Waste Reduction 119

EazyStock

NOVEMBER 17, 2020

This can include statistical demand forecasting , advanced inventory planning and automated replenishment activities. Can you recognize the warning signs that your business needs automated inventory planning and replenishment ? Automated replenishment is critical to ERP inventory management.

ERP 98

ERP Inventory Reduction Inventory Optimization Software 98

Material Handling and Logistics

AUGUST 31, 2018

The collection, access, analysis and utilization of data must be a primary consideration, not an afterthought. The strategy doesn’t just involve setting up put walls (manufacturers) and pick walls based on the speed of each item; it also means structuring your replenishment process to accommodate each item’s velocity.

Supply Chain Design Software 145

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 145

Blue Grace Logistics

APRIL 24, 2019

How Will a Supply Chain Analysis Help You? A timely and periodic analysis will work as a preventive health check-up for your supply chain thus ensuring it continues to operate at an optimum level. An end-to-end in-depth analysis will also highlight which processes are redundant or need to be restructured. Call us at 800.MY.SHIPPING

Supply Chain Planning Software 54

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

EazyStock

JUNE 18, 2019

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

Analysis 51

Analysis Inventory Reduction Inventory Procurement Solutions 51

SYSPRO Smarter ERP

AUGUST 28, 2023

Benefit 2: Enhanced organizational controls and compliance Advanced ERP systems provide features like dimension analysis, offering a multi-dimensional view of financial data. This enables flexible financial analysis, improves governance, and supports scalability as businesses grow and expand their operations globally.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Optimization Software ERP 98

247 Customs Broker

DECEMBER 16, 2019

But the competition is tough and it’s inspiring a re-think of replenishment logistics. Johanna… The post Logistics Manager Analysis: Convenience isn’t easy appeared first on 24/7 Customs Broker News. [og_img] The growth of convenience retail makes it a tantalising market.

Analysis 36

Analysis Replenishment Logistics Article 36

EazyStock

JUNE 24, 2020

Even sophisticated Enterprise Resource Planning (ERP) or Warehouse Management Systems (WMS) rely heavily on users manually inputting forecasting and replenishment parameters to automate any form of reordering alerts. Inventory optimization tools, such as EazyStock, offer great stock classification and analysis functionality to help.

Procurement Solutions 98

Procurement Solutions Inventory Reduction Inventory Supply Chain Planning Software 98

EazyStock

JANUARY 31, 2022

Inventory Management KPIs for Effective Inventory Analysis. But with a wealth of inventory KPIs available to choose from to include in your inventory analysis methods, which ones are the most important to ensure you’re on the right track to optimum efficiency? Managing inventory is a complex business. Inventory turnover ratio.

Inventory Reduction 52

Inventory Reduction Inventory Analysis Optimization Software 52

Log-hub

NOVEMBER 22, 2023

In this blog post, we will explore the highly effective ABCD Analysis technique for warehouse optimization with its pitfalls and how organizations can leverage their data to implement this strategy successfully based on Log-hubs experience over the last years. 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

In this blog post, we will explore the highly effective ABCD Analysis technique for warehouse optimization with its pitfalls and how organizations can leverage their data to implement this strategy successfully based on Log-hubs experience over the last years. 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

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

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 117

Waste Reduction Optimal Sourcing Sourcing Strategies Resource Reduction 117

EazyStock

OCTOBER 20, 2020

ABC analysis is a good inventory control technique to segment your warehouse stock based on the value it brings to the company. ABC analysis, will help with this. Fine-tune your stock replenishment strategies. Know your star products! Make sure you have a set of ‘rules’ for every SKU you carry. Inventory classification, such as.

Inventory Reduction 98

Inventory Reduction Optimization Software Inventory Optimization Modeling 98

EazyStock

JUNE 18, 2019

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

Analysis 40

Analysis Inventory Reduction Inventory Procurement Solutions 40

MTS Logistics

JANUARY 31, 2022

we are likely to see bottlenecks persist as warehouses are needing to replenish low inventory levels. According to a Sea-Intelligence Maritime Analysis report, global schedule reliability dropped to a dismal 32%. Due to recent market conditions, maritime carriers have struggled with schedule reliability and on-time performance.

Reliability 98

Reliability Supply Chains Maritime Replenishment 98

Logistics Bureau

DECEMBER 22, 2024

Inventory Days of Supply This KPI tells you the number of days your inventory would last without replenishment, before running out. If your estimations are lower than actual, it could lead to unnecessary and costly inventory replenishment, and in the case of manufacturing, it could result in overproduction.

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

Logistics Viewpoints

MARCH 17, 2022

The same survey indicates that 50% of the retailers are unhappy with their existing technology solutions and are looking to enhance or replace them to bring more diagnostic and predictive capabilities, including: Current demand vs. forecast analysis and rebalancing. Network cost modeling. Automated forecasting processes.

Supply Chain Planning Software 134

Supply Chain Planning Software Modeling Software Optimization Software Scenario Planning 134

Logistics Bureau

OCTOBER 10, 2024

Slotting is normally restricted to the picking face or online locations only, however it can impose some general rules for stock location in the bulk areas in order to increase replenishment efficiency. Increase replenishment and put-away efficiency. High level Slotting is a minimum requirement for the implementation of a new facility.

Production 74

Production Inventory Reduction Cost Reduction Expense Reduction 74

FreightWaves SONAR

FEBRUARY 23, 2021

Unfortunately, ocean shipments data is rarely easily accessible or available for analysis by enterprise shippers. Even more importantly, the lack of analysis surrounding ocean import data makes planning drayage moves even more troublesome. It’s a relatively simple concept.

Maritime 84

Maritime Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 84

Logistics Viewpoints

JANUARY 23, 2024

Kinaxis is focusing on the QSR industry first, looking at replenishment for both food and the necessary durable goods. If only 70 percent of burger orders use pickles, this changes the replenishment model for both items. The example they gave me was to understand the yield for a burger with pickles at a QSR.

Supply Chain Planning Software 119

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 119

10xLogistics

MAY 14, 2024

Today, we will cover all things Demand Planning and I will follow this with a sub-post dealing with the topic of CPFR (Collaborative Planning, Forecasting and Replenishment). Tools like CPFR (Collaborative Planning, Forecasting, and Replenishment) can enhance this process by aligning all stakeholders on shared objectives and data.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Modeling Software Scenario Planning 62

Logistics Viewpoints

APRIL 4, 2024

Similarly, when the weather is warmer than normal, and we stock out of chocolate ice cream, that impacts both future forecasts and the replenishment plan for the following week. When I throw out liverwurst because it has expired in the deli fridge, that waste needs to be accounted for when forecasting later in the future.

Scenario Planning 125

Scenario Planning Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 125

SYSPRO Smarter ERP

AUGUST 7, 2023

Inventory managers can plan replenishment to satisfy demand from sales and production. It goes beyond basic inventory tracking and offers automated replenishment processes. There is no way for the production or inventory teams to stay on top of deadlines, materials required and production schedules.

ERP 98

ERP Manufacturing Procurement Optimal Sourcing Procurement Analytics 98

Logistics Bureau

OCTOBER 10, 2022

The second is when you implement segmentation of the SKUs in your portfolio based on Pareto analysis. Ignoring the presence of forecast biases which skew replenishment patterns. The frequency at which you place orders to replenish each SKU is another factor that impacts inventory levels. 2: Forecast Accuracy.

Inventory Reduction 105

Inventory Reduction Inventory Optimization Modeling Optimization Software 105

Logistics Viewpoints

MARCH 4, 2021

Replenishing stores to meet availability targets or adjusting prices to keep a certain competitive position in the market are just some examples. Data diagnostics to ensure the inputs are accurate, KPI monitoring and alerts for intervention and root-cause analysis are essential components to guide the planners. . Going Autonomous.

Supply Chain Planning Software 113

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 113

MTS Logistics

OCTOBER 18, 2021

Retailers are faced with a new challenge almost every single day and have tried to replenish their inventories relentlessly during this chaos. Warehouses and retailers also complain that they can’t get enough workers. It seems like things will not get better anytime soon.

Purchasing Skills 98

Purchasing Skills Replenishment Definition Inventory 98

Logistics Bureau

APRIL 15, 2016

Whilst there are variations to the operations of a warehouse; if we consider the direct labour component only, then products need to generally go through the following processes of receiving, put-away, storage, replenishment, picking, staging and dispatch of products to customers. 20%) make up a greater percentage of what we sell (80%).

Waste Reduction 73

Waste Reduction Supply Chain Planning Software Cost Reduction Inventory Reduction 73

MTS Logistics

JANUARY 3, 2023

Increased pressure to replenish inventories. Regardless of overall economic indicators, importers overall will be under a great dilemma to replenish diminishing inventories or wait for a better economic environment. This would help to push all involved to act faster on this matter.

Negotiating Skills 116

Negotiating Skills Industry Tracking and Tracing Inventory Reduction 116

SYSPRO Smarter ERP

FEBRUARY 2, 2022

It is getting harder to track every item in the inventory and to get relevant analysis out of it. To track and report the data, each form of inventory necessitates database management software and specialized methods. Tracking issues. Failure to follow every incoming and outgoing item can have devastating effects on turnover.

Manufacturing Procurement 105

Manufacturing Procurement Inventory Reduction Inventory Optimal Sourcing 105

EazyStock

FEBRUARY 18, 2020

You can determine which SKUs are your most valuable with ABC analysis , and this can help you both prioritize SKUs and determine the optimal warehouse layout to keep those SKUs close at hand for your pickers and packers. But keeping track of all the considerations that go into inventory optimization requires constant analysis.

Ordering 95

Ordering Purchasing Skills How To Inventory 95

Talking Logistics

SEPTEMBER 4, 2018

Replenishment. It starts with assessing the inventory health of an organization; root cause analysis is performed at strategic, tactical and operational levels; and then recommendations are proposed. Manufactured Goods. Sales Strategy. Make to Stock, Make to Order. Off the shelf to ‘n’ number of days depending on supply lead time.

Inventory Reduction 97

Inventory Reduction Inventory Logistics Network Optimization Software Cost Reduction 97

Blue Grace Logistics

JUNE 21, 2018

The TMS used should be capable of handling various aspects of transport management including needs assessment, effective analysis, integration and management in addition to providing you visibility on inbound products, receiving, storing and distribution. A well designed and effective TMS is of paramount importance in: Reducing freight costs.

Cost Reduction 69

Cost Reduction Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 69

MTS Logistics

AUGUST 7, 2023

Traditionally, the rainy season from February to April replenishes inland lake levels in Panama. These measures stem from weight and size limitations, causing shippers to use more containers and ships, resulting in increased costs and longer wait times. Yet, this spring saw rainfall nearly 50% below normal near the canal.

Cost Reduction 97

Cost Reduction Replenishment Supply Chains Cargo 97