Logistics Bureau

JANUARY 7, 2020

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 111

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 111

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. Spinnaker is vendor-agnostic when it comes to implementing SCP solutions. What is a boutique?

Supply Chain Design Software 125

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

SYSPRO Smarter ERP

OCTOBER 20, 2021

In a SYSPRO-led research study, 29% of businesses stated that their systems lacked responsiveness during the pandemic and that they would be pursuing new business systems to address immediate needs and accelerate digital transformation. Digital transformation: a strategy. You’ve probably travelled a fair way down this road already.

Digital 133

Digital Factories Supply Chain Planning Software Supply Chain Software 133

Ship Monk

APRIL 5, 2024

The process involves collecting quantitative and qualitative data concerning vendor-provided goods and services, and analyzing this data for opportunities to improve (or reasons to end) the relationship. Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. If so, good on you!

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 105

Trinity Logistics

OCTOBER 31, 2021

A TMS allows your company to eliminate your manual transportation processes. A TMS can make recommendations for you on different factors like least-cost mode analysis, freight consolidation options, and continuous move opportunities. A TMS has multiple options and breakdowns to give you the best analysis of your data.

Optimization Software 126

Optimization Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 126

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 98

Cost Reduction Purchasing Skills Waste Reduction Material Savings 98

Logistics Viewpoints

JULY 18, 2022

This is an important analysis tool for maintaining a well-run supply chain. Ferguson does 20 to 30 studies a year using this tool. A single study can drive millions in savings while maintaining or even improving service levels. The annual report mentions a variety of different types of training offered by the company.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 120

Talking Logistics

APRIL 27, 2017

I conducted my first research study on transportation management systems (TMS) back in March of 1999. How will transportation management systems and the TMS vendor landscape continue to evolve in the months and years ahead? What new capabilities are vendors introducing and how are companies using and deriving value from a TMS?

Supply Chain Planning Software 82

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Vendor Strategies 82

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 Viewpoints

FEBRUARY 28, 2022

Supply chain vendors have been touting their investments in artificial intelligence (AI) for the last several years. Alex Pradhan, Product Strategy Leader John Galt Solutions, told me that “all planning vendors have bold marketing around AI.” Machine learning is being used to predict machine breakdowns. Final Thoughts.

Supply Chain Planning Software 141

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 141

GlobalTranz

FEBRUARY 24, 2015

Transportation spending is a perennial target of budget-cutting exercises, and a large, multi-faceted cost center for many companies; some may spend three to six percent of their materials costs on transportation. The bundling of production and transportation costs into vendor contracts is one reason behind this difficulty.

Data 94

Data Transportation Cost Reduction Material Savings 94

Trinity Logistics

AUGUST 4, 2020

By better managing, using, and analyzing your data, an organization can reduce costs, improve margins, generate revenue, and make smarter business decisions. You can also provide system access to your outside supply chain members such as suppliers, carriers, and vendors. Lane Analysis Reports. How does a TMS offer you all this?

Supply Chain Planning Software 90

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chains 90

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

SYSPRO Smarter ERP

SEPTEMBER 20, 2021

Similarly, a 2021 study from McKinsey showed that just 19% of companies that had adopted Industry 4.0 In metal fabrication, for instance, the industry I know best, cost pressure is squeezing vendors, especially with metal prices continuing to rise. But the system doesn’t just automate and optimize scheduling.

Manufacturing Procurement 110

Manufacturing Procurement Optimal Sourcing Optimization Software Digital 110

Ship Monk

APRIL 28, 2023

In addition to satisfying conscientious consumer demand, eco-friendly efforts can benefit your ecommerce business by reducing waste within your company and improving operational efficiencies. Translation: these ecommerce businesses have operating standards that minimize or reduce negative impact on the planet. We have proof.

eCommerce 97

eCommerce Waste Reduction How To Material Savings 97

Conger

JULY 30, 2021

Top challenges and the steps for adopting an omnichannel distribution strategy. 4 Steps for Adapting to an Omnichannel Distribution Strategy. Then, a seller uses a third-party vendor to ship the items to the buyer’s home. To reiterate, an omnichannel strategy will integrate each of these channels. Let’s get started!

Inventory Reduction 52

Inventory Reduction Distribution Vendor Strategies Waste Reduction 52

Talking Logistics

APRIL 17, 2018

Even headline speakers were professing “data got sexy” and data is now a core strategy for companies looking to succeed. A Deloitte study in 2017 found 49% of procurement officers believe the quality of data is a major barrier, and the lack of data integration was the number two barrier (42%).

Supply Chain Design Software 89

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Supply Chain Design 89

Conger

JULY 16, 2021

The goal of warehouse automation systems is to eliminate labor-intensive and time-consuming duties. Digital automation relies on software and electronics to reduce manual processes and improve the focus on customers and vendors. Digital automation refers to the use of software and electronics to reduce reliance on manual labor.

Automation 59

Automation Vendor Strategies Trends Expense Reduction 59

SYSPRO Smarter ERP

MAY 24, 2023

However, various studies indicate that 70-90% of digital transformation initiatives fail. Building a business case can help develop strategies to achieve buy-in from the top down. This will improve the quality of the feasibility study so that you can determine available resources and constraints that can impact the project’s success.

ERP 52

ERP Vendor Strategies Resource Reduction Cost Reduction 52

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 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 98

GlobalTranz

JUNE 11, 2015

We conclude our series on supplier quality management (SQM) today with a look at some case studies and examples of benefits derived from the application of a supplier quality management system. Examples and Case Studies from the Implementation of a Supplier Quality Management System. Reduced supplier nonconformance from 176 to 30.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Design Software Examples Case Study 94

GlobalTranz

DECEMBER 18, 2014

Specifically, fabricators are expecting to spend a good deal less on consumables and supplies (down almost 30 percent) and more on capacity-building machinery, especially in cutting and forming. This has sent some of them to vendor showrooms seeking new, capacity-building equipment. Preparing for the Unexpected.

Manufacturing Procurement 94

Manufacturing Procurement Tips Purchasing Skills Sourcing Strategies 94

GlobalTranz

NOVEMBER 16, 2018

TMS software provides the fastest returns on investment In the same study, TMS software was also found to be the quickest when it came to providing benefits equal to the costs of the system and its implementation. During bid analysis, many TMS tools will produce forecasts to let users know how this carrier will impact them financially.

Supply Chain Planning Software 65

Supply Chain Planning Software Optimization Software ERP Supply Chain Software 65

Transporeon

SEPTEMBER 19, 2017

Added to that, there is a global directive to reduce outbound logistics complexity, and therefore only two suppliers per facility may be awarded export business. savings, equating to a very healthy cost reduction of $5.9 And, finally, no new supplier may receive more than 5% of the global volume. But there was a hitch.

Optimal Sourcing 48

Optimal Sourcing Optimization Software Optimization Vendor Strategies 48

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

Blue Grace Logistics

SEPTEMBER 15, 2022

Case Study. When facilities are receiving a range of raw materials and components from multiple vendors, the complexities of inbound shipping can quickly derail the best production and distribution process. Successful inbound programs start with a good vendor routing guide. The Logistics Blog®. Whitepaper. BlueGrace Logistics.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chains Meeting 62

20Cube Logistics

MAY 14, 2019

According to an ASSOCHAM (Associated Chambers of Commerce and Industry of India) study, the logistics sector in India is poised to grow at 16 percent YoY CAGR. Technology is also helping in on time production, better monitoring, automatic real-time notifications, reducing mistakes, and more.

Supply Chain Software 40

Supply Chain Software Logistics Network Optimization Software Optimization Software Supply Chains 40

Talking Logistics

JUNE 29, 2017

It was a strategic/tactical analysis, disconnected from day-to-day operations, and the software tools were difficult to learn and use. Would LLamasoft start competing more directly with other best-of-breed supply chain planning vendors? competitive threats, new regulations, more stringent customer expectations).

Supply Chain Design Software 44

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 44

RPA Labs

AUGUST 20, 2020

RPA can also improve the user experience for your employees, eliminating redundancy and busy-work from their 8-to-5 lives. “In Vendor selection. The time required for Ryder to identify a freight carrier and book a load has been cut by two thirds. Automation means fewer portals, and more interconnections.”.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Supply Chain Software Optimal Sourcing Optimization Software 40

20Cube Logistics

APRIL 10, 2019

With rising complexity in the supply chain (companies going global with resources scattered across different cities at different countries and companies using different modes for transportation and shipping), having a high supply chain visibility definitely ease the process and reduce the complexity with improvement in accuracy. .

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 40

Blog on Log

NOVEMBER 15, 2007

The decision to outsource to low-cost but remote countries has increased supply chain costs and reduced their performance due to longer lead times and greater risk for delays, said Drewry associate David Charlesworth at the white paper's launch in London on Thursday. cents, or about 0.2 percent of the product value.

Manufacturing Procurement 40

Manufacturing Procurement Sourcing Strategies Cost Reduction Sourcing 40

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. Best practices are the cause of best performance.

Supply Chain Planning Software 76

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

FreightWaves SONAR

JULY 10, 2023

This includes sourcing materials, working with vendors, managing warehouses and transportation, and coordinating with retailers to ensure they can meet the changing demands of consumers while remaining profitable. Businesses are prioritizing the speed of data propagation within their supply chains. and Target Corp. workers in 2023. “And

Data 52

Data Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 52

Logistics Bureau

JANUARY 25, 2017

For example, capable supply chain employees can still be made redundant simply because one organisation takes over another and rationalises the resulting supply chain operations by eliminating duplicate supply chain positions. Inventory (inventory specialist, vendor-managed inventory/replenishment specialist). Mechanical skills.

Negotiating Skills 75

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 75

The Logistics Academy

FEBRUARY 13, 2017

Peter Lukszys, University of Wisconsin-Madison (UW-Madison): In terms of different logistics applications, we see a lot of interest in humanitarian aid logistics and the impact of logistics strategies on climate change. Second, we study the flow of goods and services that are the ever-present relays of intermodalism.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 40

Infosys Supply Chain Management

SEPTEMBER 22, 2011

Case Studies. |. By exchanging information such as inventory levels, forecasting data, and sales trends, companies can reduce cycle times, fulfill orders more quickly, cut out millions of dollars in excess inventory, and improve forecast accuracy and customer service. Mobile Banking. Payments Treasury. Wealth Management.

Supply Chain Planning Software 27

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Manufacturing Procurement 27

WorkWave

SEPTEMBER 23, 2021

Designing a successful business model requires a bit of research and analysis of your competitors. Within the framework of your business model, create a working model or strategy of how your company will operate. Combination Model of Multiple Vendors and Product Options. What to Consider for your Grocery Delivery Services.

Modeling Software 52

Modeling Software Optimization Software How To Procurement Solutions 52