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As you’ll 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, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy.
This article is from Can Buyuk at Solvoyo and examines the benefits of vendor collaboration. Unity brings resilience: A collaborative supply chain lets businesses grow together with vendors, improving the efficiency and visibility of the supply chain. How would a business know which one to choose?
In this article I will outline, firstly, the reasons why organisations outsource logistics activities, and secondly, what the key drivers are for outsourcing success. Amazingly, many companies have suffered after outsourcing decisions were made at an operational level, without due regard to the boards supply chain strategy.
Original article: OneRail Recognized in 2021 Gartner® Market Guide for VRS and Last Mile Technologies. OneRail is among the last mile technology vendors surveyed in the report, which focuses on optimizing fleet operations. Using VRS helps reduce fuel costs, improve operational efficiency and increase delivery speed.
Today’s article comes from Kyle Franklin, Senior Solutions Consultant, Lucas Systems, and looks at warehouse distribution errors. Whether retail or warehousing, that opportunity cost can add up, especially if someone finds and buys from a new vendor. How many future parts might I have purchased from this vendor?
But great brokers dont just say theyre compliant they show you how to verify it. They think like a partner, not a vendor. How to Choose the Right Freight Broker Services for Your Business When it comes to logistics, partnering with the right freight broker can make or break your supply chain. They want you to feel confident.
As we head into 2016, we are featuring our most read articles of 2015 in our five main categories: Manufacturing, Supply Chain, Logistics, Transportation Management, and Freight. Yesterday we published the top 10 most read manufacturing articles of 2015. . Top 10 Supply Chain Articles from 2015. Read the full article here. .
This article is from Patrick Byers, DevOps Engineer at Lucas Systems, and looks at cybersecurity planning frameworks. This plan should outline specific steps to be taken in the event of a breach, including who to contact and how to contain and mitigate the damage. Employee training is a crucial component of any cybersecurity strategy.
Those are the precise questions we’ve set out to answer in this article. Before we look at the barriers to optimal inventory and the possible ways to eliminate or overcome them, let’s be clear on what inventory optimisation means—because misconceptions do abound. How to Improve Forecast Accuracy for Optimal Inventory.
A customer-driven strategy for any business means moving away from treating your product as the guiding light for your business decisions, and instead focusing on the people who use that product. A good example of this is using new technologies and predictive intelligence to reduce backhauls and empty miles.
This article is from Scott Mullins, EVP of Operations and COO at Lucas Systems, and looks at self-distribution in healthcare systems. Self-distribution is an increasingly popular option for healthcare systems to consider when deciding how to manage their supply chain. To read the full article, click HERE.
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.
In past articles we’ve looked at some of the signs that it’s time to change your 3PL, and tips for finding the right fulfillment partner. There are a few different ways to go about the big move, so it’s a matter of choosing the strategy that keeps your sales and fulfillment operations flowing smoothly throughout the transition.
Those withstanding the supply chain turmoil were the ones with solid risk mitigation strategies and playbooks in place and investment already sunk into supply chain resilience. Partnering with suppliers and service providers that pursue and implement flexible strategies. Contingency planning and business-recovery playbooks.
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.
The tips in this article will help you know how to identify the customers, products, and processes that might be inflating your cost to serve (CTS) unnecessarily. Let’s begin with a look at why, in general, retailers with multiple sales channels are more likely to experience difficulties in reducing cost-to-serve.
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. There are several possible ways to eliminate this form of energy wastage.
This article is from Natalie Walkley, Director of Product Marketing OMS at Koerber. Omnichannel is a centralized strategy that enables businesses to coordinate, streamline, simplify and speed up fulfillment of orders that have been placed through different channels (online, retail, etc.). Click HERE to read the full article.
Key Cycles to Target for Working Capital Reduction. By shrinking one or more of these cycles, you can impact the cash conversion cycle positively and reduce the need for working capital. How to Reduce Cycle Times. You can reduce handling by: Automating your warehouse processes. These are: Customer orders.
What’s in this article: How to gain sustainability through digitalization and technology. This is critical as shippers committed to sustainability tend to have a better brand image with vendors and customers. To reduce the environmental footprint and costs, shippers need to adopt a sustainable reverse logistics method. .
In this article, we’ll look at some of those challenges and explore potential solutions to help you and your IM team meet the burgeoning demand for fast and accurate order fulfilment. Warehouses full to the brim and laid out in a disorganised manner. Specific products subject to over and understocking. Book a free consultation.
Today’s post is a guest post from Nicholas Fincher of CS-Cart about how 5 areas of focus can bring back the focus on the customer by personalized their online shopping experience. These are but extensions of the idea to maximize omni- channel strategies by putting the customer at the heart of the supply chain. . Advanced Content.
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. Certified Supply Chain Professional : Learn how to develop streamlined supply chain operations.
Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? Book Now Let’s talk about your warehouse layout! Book your free consultation.
The Changing Role of Procurement Highly successful organisations often see their Chief Procurement Officers (CPOs) proactively driving global procurement strategy, sharing responsibilities with COOs and CFOs on value creation initiatives, and deploying global resources to achieve the ultimate supply chain targets.
In my last article of 2018, “ Which Trends Will Change the Rules of Logistics in 2019? ”, I talked briefly about urban logistics and megacities. I want to dedicate my first article of the year to take a closer look at the specific consequences of urbanization and how they can be approached. Customer-centric delivery solutions.
Inbound logistics refers to the processes and activities involved in managing the movement, storage and handling of goods, materials and resources as they flow into a company or organization from suppliers or vendors. The post How to Measure Success: KPIs for Inbound Logistics appeared first on WorkWave.
We will address the following topics in this article: Inbound logistics definition and significance. Strategies for efficient inbound logistics that you can use in your business. Inventory control: Managing storage procedures to reduce time, resources, and expenditures. Inbound Logistics Strategies.
This article delves into the intricacies of the ‘Out for Delivery’ status, its impact on various aspects of retail operations, and how technology can aid in efficient delivery management. Out for Delivery – How to Adhere to timelines? It is the part of fulfillment that can make or break the customer experience.
A TMS is a software program that allows you to manage your entire supply chain, including your internal logistics department, suppliers, warehouses, carriers, vendors, etc. If you’re reading this article, more than likely you’re interested in a TMS but are hesitant. TMS is the acronym of a transportation management system.
Today, in this article we are sharing the main advantages that a 3PL service can give you. In addition, in this way, you will have access to a series of previously qualified resources: A specialized team that knows perfectly how to handle your merchandise. In a word: you reduce stress. A land fleet at your service.
In this article, we will outline five steps to help field service businesses calculate their overhead costs effectively. Tips for reducing overhead costs To reduce overhead costs, it is essential to evaluate workspace options and consider downsizing or relocating to a more affordable location if possible. Book a demo today!
In this article, we show you the biggest warehouse automation trends in 2021 that could change your warehouse operations. For each of the trends, you’ll learn: What it is and how it works. The goal of warehouse automation systems is to eliminate labor-intensive and time-consuming duties. The benefits of implementing it.
This article provides an inside look at today’s fresh supply chains around the world, and at how smart producers and retailers meet cool-chain challenges , especially as those chains increasingly span global distances and competitive markets expand. So how to tackle these challenges? Achieving Faster Fresh Supply Chains.
Whether that is the case or not, a brief study of the origins and progression of fleet route optimisation, covering the last three decades or so and looking forward to the near future, highlights in a spectacular way how technology, in particular, has revolutionised the business of logistics.
Content marketing is a form of inbound marketing in which vendors publish digital content to attract customers who are searching for products and services like theirs. Consider these stats : 95% of B2B buyers are willing to consider vendor-related content as trustworthy. Present yourself as a solution.
7 Ways You Can Reduce Costs on Imports If your company is doing any cross-border trade, you have to carefully manage operational costs like transportation charges, insurance, duties, taxes and warehousing expenses. Look at our resources to learn how to classify a HS code for your products). Declaring the correct value to Customs.
and leverage their supply chain skills and know-how to help them move to employment in that sector. 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.
Loose coupling reduces all types of dependencies and the complexities around adding new functionality to an existing application or integrating that solution with other solutions from other vendors. Shrinkage is much greater in stores, and recent articles suggest this problem has gotten worse during COVID.
However, to eliminate, or at least significantly reduce, the likelihood of scope creep setting in, you need next to focus directly on that element of the project. How to Nail Down the Project Scope. You’ll need to determine how many people will be on the project team and what skills and specialisations you need.
Without becoming too philosophical in an article about Warehouse Management Solutions, understanding change and how it applies to the decision-making process of automating your warehouse is what I’ll be sharing with you in this article. How to automate? Do you fully automate your warehouse based on the existing processes?
Now before you write off my statements as something you already knew, here’s a fact you might not be so familiar with: For your last mile services to compete successfully, you need to ensure that your entire supply chain (or at least the parts you can reasonably control) is set up to support a winning last-mile strategy.
This will help you reduce risks and increase your success rate. Is the market easy to deal with, or are their linguistic or cultural barriers, what would be the demand and how long will it hold. The Essential Guide to Cargo Damage provides you further information on how to pack your cargo. Understand where and how to save costs.
We will now delve into HOW to successfully implement, and identify several key success factors for every project. You will discuss these goals with vendors, who take notes, but these conversations are generally much higher-level than the detail in which the Project Team will get during implementation. QA and User testing.
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