The Lean Thinker

AUGUST 8, 2019

In his article, he quotes from an interview Oscar Munoz, the CEO of United Airlines, gave to ABC. Just so you know my perspective: In the course of my work, I typically purchase between 10 and 20 thousand dollars worth of airfare a year. Back in June, Chris Matyszczyk published some really interesting commentary on Inc.

Procurement Analytics 188

Procurement Analytics Course How To Events 188

The Logistics of Logistics

MAY 27, 2019

Of course, there is the migration from retail to ecommerce. [17:29] 37:19] I saw an article recently about how Amazon is buying up old malls. It’s all about having inventory closer to the people who will purchase it. I’m not sold that there’s a use case for it. Automation is being tested in the US.

Supply Chain Planning Software 186

Supply Chain Planning Software 3PL Supply Chain Software Logistics Network Optimization Software 186

Logistics Viewpoints

APRIL 6, 2023

In this article, we identify key approaches by which companies can evolve their procurement and supply chain operations into a collaborative supply chain network that is designed to be resilient and responsible. The costs associated with purchasing these items hit the “operational expenses” components of the company’s financial statements.

Optimal Sourcing 98

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Procurement Analytics 98

Logistics Viewpoints

FEBRUARY 7, 2022

More SKUs available from local warehouses could also mean quicker replenishment cycles parts that are purchased infrequently. In an article last year, it was reported that the time it takes to print things has decreased. Of course, it is not just speed of printing that matters but cost. This vision has not been realized.

Manufacturing Procurement 115

Manufacturing Procurement Supply Chain Design Software Supply Chain Software Supply Chain Design 115

Logistics Bureau

DECEMBER 22, 2024

Still, in this article, I will help you evaluate the need for supply chain and logistics KPIs in your organisation, and identify which types of measurement might be most appropriate. Of course, its also possible to add further tiers for even more granularity, but again, the more levels you have, the more complex your KPI solution.

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

Logistics Viewpoints

JUNE 8, 2022

Inflation has led me to review the likely magnitude of importance for certain purchases, as employee compensation is not increasing at the same rate as inflation, diminishing purchasing power. Hopefully something in this article will trigger a useful thought for you and improve upon your forecasting so you can be ….somewhat

Scenario Planning 125

Scenario Planning Analysis Events Purchasing Skills 125

Logistics Bureau

SEPTEMBER 4, 2023

With that question answered, I’m giving the rest of this article over to highlighting several business and supply chain issues, which, if you are experiencing them in your enterprise, are potent indications that CTS analysis should be on your agenda —for execution at the soonest. View case study Learn more about cost-to-serve benefits.

Negotiating Skills 98

Negotiating Skills Purchasing Skills Cost Reduction Analysis 98

Logistics Viewpoints

APRIL 27, 2021

This article lays out a common-sense approach to selecting a well-fitted WMS that will serve your purposes to a tee. You wouldn’t step onto the course without a putter or driver, and you shouldn’t dive into an WMS install without first shoring up your project plan. Understand the Course. What’s in Your Bag?

Supply Chain Planning Software 128

Supply Chain Planning Software How To Procurement Solutions Supply Chain Software 128

Logistics Bureau

APRIL 18, 2019

Either way, you might find this article of value, because we’re going to discuss some of the positions you might aim for among the vast range available, and the career paths associated with them. However, it also means that the paths discussed in this article are mere possibilities, rather than absolutes. Purchasing Manager.

Manufacturing Procurement 89

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 89

Logistics Bureau

JANUARY 13, 2025

In my various articles covering the topic of cost-to-serve, Ive often mentioned the importance of segregating customers into tiers, with the gold standard of service reserved for the most profitable customers, and progressively lower levels for those in the middle and the bottom echelons of profitability.

Purchasing Skills 40

Purchasing Skills Negotiating Skills Negotiate Pricing Freight 40

Ottawa Logistics

OCTOBER 12, 2016

They won’t have to work as hard to get rid of the waste products associated with their purchase as eco-friendly packaging is generally compostable and easily broken down and disposed of. Eco-friendly packaging is usually less packaging, and less expensive to create, touts articles like Good Things Come From Green Packages.

Material Savings 94

Material Savings Waste Reduction Expense Reduction Packaging 94

Logistics Bureau

AUGUST 7, 2023

Standardise and Digitise The key to managing complexity, of course, is to be organised. Naturally, there is much more to return inventory management than we have space for in this article. So what can you do to ensure your inventory management meets the challenge of multichannel sales?

Inventory Reduction 98

Inventory Reduction eCommerce Inventory Procurement Solutions 98

Logistics Bureau

NOVEMBER 16, 2020

You are not alone, especially as in the time since we first penned this article, one huge and unforeseen event has raised awareness of the global importance of this vital sector—and shown it to be an attractive career choice. If university study is a little beyond you right now, one of the certification courses might work better for you.

Supply Chain Planning Software 98

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

Trinity Logistics

AUGUST 23, 2024

We saw news articles and hit pieces about the conflict, week after week. The LTL carriers have course-corrected their capacity concerns. The purchased terminals and trailers meant increased footprint and capacity, which can be the difference between being the best and the biggest for LTL carriers. Likely not.

Industry 127

Industry Purchasing Skills Negotiating Skills Logistics Network Optimization Software 127

Ship Monk

MARCH 30, 2024

Check out our Section 321 FAQs and supplementary article on why Section 321 is your solution to import savings. MonkProtect MonkProtect is a post-purchase suite that helps ecommerce brands “stress less and grow more” by protecting ecommerce orders. Have more questions? Overall, our 3PL is in the business of growth.

3PL 105

3PL Supply Chain Design Software Optimization Software Supply Chain Software 105

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. 4 of this article. Time is another resource you will consume in analysing all this data.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Design Distribution Networks 98

Ship Monk

AUGUST 5, 2020

Of course, it’s not just about what you sell — it’s also about how you’re getting products to your customers. Each method comes with its advantages and disadvantages, which is exactly what we’ll be exploring in this article! When a customer clicks on either button, they are purchasing from one seller and one seller only.

How To 87

How To Inventory Reduction Price Reduction Purchasing Skills 87

Logistics Bureau

MAY 31, 2021

If yours is one of those businesses shifting from traditional to online retail, you’ve probably faced some of the logistical challenges arising from the need to deliver your customers’ purchases to them. To answer that question, I would remind you of the research findings I mentioned earlier in this article. Equipment use.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

Logistics Bureau

OCTOBER 10, 2022

Those are the precise questions we’ve set out to answer in this article. In that case, please read on, as the rest of this article is dedicated to explaining the nine fundamental factors typically contributing to suboptimal inventory levels. Inventory Optimisation: A Clarification. 1: Service Levels.

Inventory Reduction 105

Inventory Reduction Inventory Optimization Modeling Optimization Software 105

GlobalTranz

JULY 6, 2015

Consumers want their products, which they have paid for, and faster, more efficient processes, from the manufacturing to delivery, will encourage repeat purchases, and therefore, company growth and success. Think about how this single purchase could last for decades to come. Benefits of Robotics in Logistics and Manufacturing.

Manufacturing Procurement 110

Manufacturing Procurement Logistics Network Optimization Software Expense Reduction Sourcing Strategies 110

Ship Monk

AUGUST 12, 2020

Speaking of luck, you’ve stumbled upon the right article! Scrolling for your next purchase is all about making split-second decisions, and the way a product is visually presented plays a huge role in that. Of course, the proper tools are no good without the proper technique, but — shocker — Amazon has you covered! Talk to us !

Production 87

Production How To Procurement Solutions Presentation 87

Material Handling and Logistics

AUGUST 31, 2018

It’s true that the major issues in the supply chain—which were confirmed through MH&L ’s workforce survey process and published in an earlier article —are nuanced. In the supply chain, problems are often overcomplicated. However, manufacturers, 3PLs and others in the supply chain often get lost in the details.

Supply Chain Design Software 145

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

Ship Monk

MARCH 11, 2024

Did you know that 93% of consumers say that online reviews influence their purchase decisions? In this article we’ll explore the definition of social proof and its importance in influencing shopping decisions. Of course, sometimes following the herd can lead us astray. That’s a mind-blowing statistic. Low-cut jeans come to mind.)

eCommerce 105

eCommerce Logistics Network Optimization Software Case Study Procurement Solutions 105

Ship Monk

JANUARY 11, 2024

Depending on which article you’re reading, ecommerce brands should be prepared for return rates of anywhere from 16% to 30%. Of course, the opposite is also true — when handled poorly, returns can hurt your brand. If You Can’t Prevent It, Minimize the Damage Nobody wants to return a purchase. the cost of goods sold).

Procurement Solutions 111

Procurement Solutions Inventory Reduction Supply Chain Planning Software Material Savings 111

Kanban Logistics

AUGUST 13, 2020

In this article, we’ll take a closer look at the outsourcing model and the ways it can drive efficiency in your inbound logistics supply chain. Naturally, the 3PL would build inventory financing costs into the overall cost of the service, and there would need to be a contractual agreement that guaranteed purchased materials would be used.

Manufacturing Procurement 98

Manufacturing Procurement Inbound 3PL Material Savings 98

Ship Monk

JANUARY 29, 2024

Each time a customer makes a purchase from your ecommerce brand they are giving you two things. And if the purchase doesn’t end up working out for some reason; they’re trusting that your ecommerce brand will take care of it and them. Of course it is, right? The first is obvious—their business. Let’s find out the TOP 10 now!

eCommerce 105

eCommerce Logistics Network Optimization Software Eliminating Excel in Purchasing Supply Chain Software 105

Logistics Viewpoints

MARCH 20, 2023

Because supply chain planning is undergoing something of a technological revolution, this article will focus on o9’s technology and why their CEO believes it is differentiated. Meanwhile decisions like how much production capacity needs to be added, or what raw materials need to be purchased, don’t change on a daily basis.

Supply Chain Planning Software 115

Supply Chain Planning Software Modeling Software Procurement Solutions Supply Chain Software 115

Logistics Bureau

APRIL 3, 2023

In this article, I will redress the balance by exploring outsourcing from a more holistic perspective, focusing on ways to consider outsourcing partnerships for improvement throughout the supply chain. However, I can’t recall writing a general guide about exploiting outsourcing opportunities to improve your supply chain.

Outsourcing 98

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 98

Ship Monk

APRIL 28, 2023

Of US adults surveyed , 69% say environmental impact is important when making a purchasing decision. Teach them how purchasing from you makes them a part of that positive mission. If your brand is positively associated with eco-friendly partners and practices, this can definitely give you a competitive edge. We hope you do!

eCommerce 97

eCommerce Waste Reduction How To Material Savings 97

Logistics Bureau

OCTOBER 1, 2024

I was going to say poor but inappropriate purchasing policies. You know, you’ve got to try and balance that purchase quantity versus purchase frequency and look at the total cost of ownership of inventory, not just the purchase price. Well, a lot of it is related to inventory management. It could be inappropriate.

Capacity 75

Capacity How To Sorting Purchasing Skills 75

Ship Monk

MARCH 11, 2021

Take a few deep breaths, and join us for a crash course on eCommerce metrics: what they are, why you need them, and how they can help you “ Stress Less, Grow More.” By the end of this article, you should have a better foundation to create personalized KPIs. If taking stabs in the dark has worked for you before, we won’t stop ya.

Procurement Analytics 98

Procurement Analytics eCommerce Cost Reduction Inventory Reduction 98

Ship Monk

SEPTEMBER 2, 2020

While we could dedicate a whole other article to budgets (stay tuned!), Of course, creating a budget isn’t enough — you have to follow through with it too. Next time you make a purchase, try asking yourself this: “Can I afford not to buy this?” Set a Budget… and Keep Track of It. Do you know….

Tips 78

Tips Expense Reduction Outsourcing Procurement Solutions 78

GlobalTranz

DECEMBER 9, 2014

Editor’s Note: Every company who needs equipment has to ask themselves the proper questions before either purchasing or hiring from the right company. You’ll still need to get a few accessories with your rental, of course. You can find her illuminating articles on many websites and blogs today.

Industry 91

Industry Manufacturing Procurement Waste Reduction Purchasing Skills 91

Logistics Business Magazine

OCTOBER 25, 2022

Returning goods has become as an established part of shopping as buying them, since being accelerated during the era of growth in online shopping, where goods are purchased without being tried. It asked: ‘Which of these kinds of articles have you sent back after an online order in the past 12 months? Shoes come next (15%).

Cost Reduction 55

Cost Reduction Inventory Reduction Purchasing Skills Procurement Solutions 55

Ship Monk

APRIL 25, 2024

An item has been purchased online, your 3PL has processed the order and sent instructions to the appropriate fulfillment center, and following the picking, packing, and shipping, the package is now on the final phase of its route. This celebratory final stretch is similar in logistics lingo. days in 2021, which sped up to 5.6 days in 2023.

eCommerce 105

eCommerce Optimization Software Supply Chain Planning Software Packaging 105

EazyStock

MAY 22, 2020

Ulf Larsson, Purchasing Manager at Copiax , has a lot of experience streamlining purchasing processes. Title: Purchasing Manager. We have been part of the Assa Abloy Group since 2008, and I started as purchasing manager for the company back in 1999. That’s why he’s EazyStock’s Automation Hero for May! .

Automation 52

Automation Procurement Solutions Purchasing Skills Replenishment 52

Logistics Bureau

NOVEMBER 6, 2023

Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency. Does your company use incandescent, halogen, or HID lighting in its warehouses?

Cost Reduction 98

Cost Reduction Purchasing Skills Waste Reduction Material Savings 98