Logistics Viewpoints

AUGUST 29, 2024

Another key strategy is right-sizing cartons to match the specific dimensions of the products being shipped. This leads us to the idea of Dynamic Slotting , an essential strategy for space optimization. By conducting a velocity analysis, the software can categorize products based on their demand and importance.

Waste Reduction 119

Waste Reduction Optimal Sourcing Sourcing Strategies Resource 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

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

EazyStock

AUGUST 21, 2020

There are many financial benefits to introducing stock reduction strategies – in particular focusing on your excess and obsolete items. Here we’re going to focus on our favorite top five inventory reduction strategies. So it makes sense to look for ways to reduce inventory and keep levels under control!

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

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

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 Bureau

OCTOBER 10, 2024

And, we’ve also found that by implementing a sound warehouse slotting strategy, we’ve helped clients reduce their labour costs by up to 30%. Increase replenishment and put-away efficiency. This is the key benefit to maintaining a proper slotting strategy. Reduce product damage.

Production 74

Production Inventory Reduction Cost Reduction Expense Reduction 74

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

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. Supplier lead times.

Inventory Reduction 98

Inventory Reduction Optimization Software Inventory Optimization Modeling 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

FEBRUARY 12, 2025

The Future of Matrix-Based Optimization The Future of Matrix-Based Optimization AI and machine learning (ML) take matrix-based analysis to new heights. Improve Accuracy Cross-validate rates and costs to identify discrepancies and optimize pricing strategies.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimal Sourcing 52

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 40

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 40

Logistics Bureau

DECEMBER 22, 2024

For this reason, KPIs are essential for any business improvement strategy. Inventory Days of Supply This KPI tells you the number of days your inventory would last without replenishment, before running out. Use weekly, monthly, and year-on-year data for your analysis. How do you calculate inventory days of supply?

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

Logistics Bureau

DECEMBER 19, 2022

For example, slotting strategies often involve placing the fastest-moving SKUs close to the warehouse dispatch zones, minimising picking operatives’ travel distances and times. Therefore, any slotting strategy should focus on minimising such travel. Slotting Increases Replenishment Efficiency. Slotting Benefits: Summary.

Production 98

Production Inventory Reduction Cost Reduction Resource Reduction 98

FreightWaves SONAR

DECEMBER 30, 2020

This remains key to the overall success of investments within supply chain analysis. And pre-emptive strategies that help isolate and address real-time problems will inevitably rely on real-time freight data and easy-to-access systems. Think about it.

Supply Chain Planning Software 98

Supply Chain Planning Software Data Supply Chain Software Transportation 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

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

GlobalTranz

DECEMBER 21, 2016

This is a hands-free technology that uses spoken commands for picking, putting, receiving, replenishing and warehouse shipping functions. Real-time data analysis and communications. This technology is almost similar to RF technology and is a flexible choice for order fulfillment. Increased picking accuracy. Improved system control.

Supply Chain Design Software 105

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

Talking Logistics

FEBRUARY 21, 2019

Although this may complicate their relationship with retailers, we’re seeing more and more suppliers and brands moving from a strictly wholesale strategy to supporting both direct-to-consumer and B2B. Lastly, the internal organization must buy-in to expanding their capabilities to dropship on behalf of retailers.

Vendor Strategies 86

Vendor Strategies Manufacturing Procurement Negotiating Skills Supply Chain Planning Software 86

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

EazyStock

MARCH 4, 2021

Here are six inventory optimization strategies to improve inventory turnover without damaging stock availability: Know your inventory items’ position in their product life cycle. This is so you can monitor their demand more closely and come up with strategies to reduce stock levels before the items become obsolete and have no demand.

Optimal Sourcing 59

Optimal Sourcing Inventory Reduction Inventory Optimization Software 59

Logistics Viewpoints

JANUARY 26, 2024

Merchants have worked through the excess inventory that piled up on store shelves and in warehouses over the past 18 months and are now focusing on replenishing items rather than stocking up on goods to have on hand in case of supply-chain disruptions.

Logistics Network Optimization Software 124

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Inventory Reduction 124

Material Handling and Logistics

AUGUST 31, 2018

In the supply chain, this means that you can’t expect the same strategies and systems that were effective for the single-channel movement to be effective for the new omni-channel movement. The collection, access, analysis and utilization of data must be a primary consideration, not an afterthought. Data is a critical business asset.

Supply Chain Design Software 60

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 60

EazyStock

MARCH 26, 2018

You will get notified when you need to replenish, have outliers, or run the risk of a stock out. This includes stock health analysis, service levels and stock turn. Service levels typically go up and stock levels down while purchasing and inventory managers get time for more value adding activities like innovation and strategy.

ERP 72

ERP Inventory Reduction Inventory Optimal Sourcing 72

FreightWaves SONAR

FEBRUARY 16, 2021

Predictive rate analysis and implementation across the supply chain Utilizing real-time data and automated analysis provides valuable information to the network. Real-time data access will help drastically improve success rates, and the entire network benefits from data analysis. Download the White Paper. Think about it.

Supply Chain Software 59

Supply Chain Software Supply Chains Resource Reduction Expense Reduction 59

Log-hub

SEPTEMBER 17, 2024

The right inventory policy can be identified by a detailed inventory analysis of demand patterns, lead time for replenishment, storage costs, and production timelines. Less risk of stocking out and timely replenishment. This policy can be flexibly applied to various items with the changing demands.

Inventory Reduction 40

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 40

Logistics at MPEPS at UPV

MARCH 8, 2022

According to the report, the biggest immediate challenge facing the EU will be replenishing its depleted natural gas stocks. The main contract for European benchmark TTF Dutch gas futures soared more than 37% at the open, ICE UK gas futures were up 11% at one point, and ICE EU carbon emissions trading permit futures fell more than 7%.

Expense Reduction 52

Expense Reduction Supply Chains Cost Reduction Procurement Analytics 52

WorkWave

JUNE 27, 2024

This blog will delve into the current state of driver availability, its causes, consequences, strategies for mitigating the challenge, and future outlooks and long-term solutions. During economic downturns, driver recruitment slows down, and as the economy recovers, there is often a lag in replenishing the driver pool.

Optimal Sourcing 92

Optimal Sourcing Supply Chain Planning Software Optimization Software Availability 92

EazyStock

FEBRUARY 1, 2021

trillion by 2023 , indicating a need for more robust online sales strategies. For businesses to succeed in eCommerce they must ensure they have an effective eCommerce supply chain strategy. In each case the future demand forecasting, replenishment and safety stock calculations need to be treated differently.

Inventory Reduction 52

Inventory Reduction Optimization Software eCommerce Inventory 52

Blue Grace Logistics

MARCH 20, 2023

In uncertain times, people are hungry for analysis, data, forecasts, indexes to feed information; when things are consistent and steady, people depend less on quantitative data and look more to qualitative. This means stakeholders were continuing to order but in much smaller quantities, only enough to maintain and replenish store shelves.

Supply Chain Planning Software 62

Supply Chain Planning Software Scenario Planning Inventory Reduction Resource Reduction 62

EazyStock

JUNE 23, 2022

All successful businesses use data to develop strategies and review their outcomes. But as the number of systems being used increases, the amount of data available for consumption and analysis grows exponentially. Big data analysis allows you to get real-time information about the flow of supply chain operations and stock management.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Supply Chain Planning Software 52

GoShip Blog

AUGUST 27, 2019

Essentially, with the integration of advanced technologies and new management strategies, navigating the last mile became easier. Probably the most useful strategy to overcome last mile challenges is advanced planning. Here are the main steps to master the last stage of the shipping process: Planning.

Expense Reduction 40

Expense Reduction Inventory Reduction Cost Reduction Supply Chain Planning Software 40

3PL Links

JULY 7, 2023

The Role of Data Analytics in Supply Chain Management | Image source: Pixabay This article describes the transformation that data analysis and the supply chain are fostering and how it will impact business intelligence. Intelligence-driven businesses are interested in supply chain management and data analysis.

Supply Chain Software 48

Supply Chain Software Supply Chains Data Logistics Network Optimization Software 48

SYSPRO Smarter ERP

NOVEMBER 3, 2021

They are part of the quality management process and require an analysis of the top factors that drive returns to determine where interventions are required in the process. They are used to measure how effectively the warehouse processes of receiving, replenishment, fulfilment and shipping perform. Warehousing KPIs.

Manufacturing Procurement 105

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

Logistics Bureau

JANUARY 1, 2025

ABC Analysis: A form of Pareto analysis applied to a group of products to enable selective inventory management controls. ABC Classification: The classification of inventory, after ABC analysis, into three basic groups for the purpose of stock control and planning.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 76

Logistics at MPEPS at UPV

MARCH 1, 2018

DHL solutions design team offers a wide portfolio of experience and support, from logistics network strategy, transport design, warehouse design, and simulation, to operational improvement and inventory analysis. DHL Supply Chain worked closely with the customer to implement a tailor-made, web-based supplier integration system.

Supply Chain Design Software 40

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Supply Chain Design 40