Logistics Viewpoints

NOVEMBER 16, 2023

This article is from Descartes Systems Group and looks at how companies can reduce lead times with real-time data. Additionally, a longer lead time reduce a company’s agility, or resilience, to adapt to demand fluctuations, or other disruptions that may occur. To read the full article, click HERE.

Inventory Reduction 122

Inventory Reduction Material Savings Vendor Strategies Expense Reduction 122

Logistics Bureau

MAY 24, 2019

If you were to tell me that your company had never looked at its supply chain costs and sought to deliver reductions, I would be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supply chain cost reduction, I wouldn’t be surprised at all.

Cost Reduction 77

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 77

Logistics Bureau

JULY 21, 2017

At the next Logistics Bureau Free Executive Breakfast (which will take place in August), I’ll be discussing the alignment of supply chain and business strategy along with eight other important levers for supply chain performance improvement. The Failing Kmart Business Strategy. The first Kmart store opened way back in 1962.

Cost Reduction 68

Cost Reduction Inventory Reduction Price Reduction Vendor Strategies 68

GlobalTranz

DECEMBER 18, 2015

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. .

Article 71

Article Supply Chain Software Supply Chains Inventory Reduction 71

Logistics Viewpoints

DECEMBER 5, 2023

This article is from Patrick Byers, DevOps Engineer at Lucas Systems, and looks at cybersecurity planning frameworks. This information is then used to develop a risk management strategy that takes into account the potential impact of different types of cybersecurity incidents. To read the full article, click HERE.

Supply Chain Planning Software 126

Supply Chain Planning Software Supply Chain Design Software Scenario Planning Vendor Strategies 126

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. Outsourcing for Reduced Supply Chain Cost Few business leaders would argue that reducing costs in the supply chain is an improvement.

Outsourcing 98

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 98

Logistics Viewpoints

MARCH 21, 2024

This article is from Scott Mullins, EVP of Operations and COO at Lucas Systems, and looks at self-distribution in healthcare systems. The challenges brought about by the pandemic made many rethink strategy when it came to inventory, stock on hand, secondary options and the ability to guarantee supply and resiliency.

Supply Chain Planning Software 122

Supply Chain Planning Software Optimization Software Supply Chain Software Inventory Reduction 122

The Logistics of Logistics

JUNE 23, 2022

Original Article: 10 Reasons the Retail Industry Should Invest in a Last-Mile Delivery Solution. The need for practical and applicable last-mile delivery in retail involves saving money and reducing the expenses associated with this vital yet often overlooked leg of the shipping journey.

Supply Chain Planning Software 150

Supply Chain Planning Software Optimal Sourcing Logistics Network Optimization Software Supply Chain Software 150

Logistics Bureau

DECEMBER 24, 2024

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.

Outsourcing 52

Outsourcing Warehousing Negotiating Skills Purchasing Skills 52

Ship Monk

MAY 5, 2022

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.

Inventory Reduction 52

Inventory Reduction Vendor Strategies Cost Reduction 3PL 52

Logistics Viewpoints

AUGUST 31, 2023

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?

Distribution 122

Distribution Vendor Strategies How To Inventory Reduction 122

Logistics Bureau

APRIL 8, 2016

The Key Supply Chain Challenge of Cost Reduction. If net profit on sales is 5%, for example, a reduction in supply chain costs from 9% to 4% (or from 12% to 7%) will double net profits. This is the big attraction and importance of cost reduction in a supply chain: profits can be increased without having to increase sales.

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Cost Reduction Material Savings Inventory Reduction Price Reduction 61

Logistics Viewpoints

JUNE 8, 2023

We’ll explore a few general solutions offered by leading technology platforms that retailers and logistics providers alike should consider: Carrier Allocation: Optimize cost and reduce risk by expanding partnerships with carriers and delivery service providers, improving capacity and flexibility. Cost is an important consideration as well.

Modeling Software 111

Modeling Software Optimization Software Supply Chain Design Software Logistics Network Optimization Software 111

Logistics Bureau

MAY 31, 2021

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. Customer behaviour.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

Logistics Bureau

AUGUST 2, 2021

The price you pay your vendors for their products is a significant factor in your company’s ability to compete in its market. Here, we’re talking about all your vendors. Purchase order cycle time is a KPI that measures the elapsed time between raising a requisition request and the transmission of the purchase order to the vendor.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

Logistics Viewpoints

FEBRUARY 26, 2025

Additionally, tools like zero-knowledge proofs (ZKPs) enable companies to verify information without disclosing sensitive details, and smart contracts automate key processes without intermediaries, reducing costs and delays Regulations such as the U.S. ERP & SCM Systems (2000s2015): Centralized ERP suites (e.g., Whats Next?

Supply Chain Software 93

Supply Chain Software Supply Chains Optimal Sourcing Modeling Software 93

The Logistics of Logistics

MARCH 14, 2023

Original article: PODCAST: Modern Courier Delivery Compliance Considerations: Understanding SOX and SOC Compliance Logistics and supply chain are some of the world’s most complex and regulated industries, which has been further compounded by increasing reliance on data and technology in both fields. Type 1 vs. Type 2: What’s the Difference?

Compliance 195

Compliance Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software 195

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 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. There are several possible ways to eliminate this form of energy wastage.

Cost Reduction 98

Cost Reduction Purchasing Skills Waste Reduction Material Savings 98

FourKites

DECEMBER 11, 2020

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.

Vendor Strategies 52

Vendor Strategies Cost Reduction Supply Chain Design Software Supply Chain Software 52

Logistics Viewpoints

MAY 10, 2021

Following their fourth quarter results, top executives talked about their supply chain and omnichannel strategy at a high level. This new infrastructure will allow the retailer to expand ecommerce assortment while reducing both shipping time and cost. I’m glad we had our leadership and strategy in place,” Mr. Guffina said.

Supply Chain Planning Software 111

Supply Chain Planning Software Supply Chain Software Supply Chain Transformation Supply Chains 111

Logistics Viewpoints

NOVEMBER 30, 2023

This article is from Patrick Byers, DevOps Engineer at Lucas Systems, and looks at fortifying warehouse and distribution centers against cybersecurity attacks. These side effects of an attack could lead to customer dissatisfaction and reduced profits. To read the full article, click HERE.

Distribution 128

Distribution Cost Reduction Vendor Strategies Inventory Reduction 128

Logistics Viewpoints

FEBRUARY 28, 2023

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.

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Optimal Sourcing Inventory Reduction Sourcing Strategies Vendor Strategies 111

Logistics Viewpoints

APRIL 26, 2023

I asked Cal if I could interview him for an article in Logistics Viewpoints so our readers could benefit from his perspective as well. I estimate that I have worked on at least 25 WMS selections for clients that involved over a dozen different software vendors. He provided me with some great context for my research.

Supply Chain Design Software 128

Supply Chain Design Software Supply Chain Planning Software Optimization Software Supply Chain Software 128

GlobalTranz

MAY 28, 2015

These are but extensions of the idea to maximize omni- channel strategies by putting the customer at the heart of the supply chain. . 5 Strategies to Personalize Your Web Experience to Put the Customer Focus at the Heart of the Omni-Channel Supply Chain. Advanced Content. Services Personalization.

Supply Chain Software 93

Supply Chain Software Vendor Strategies Supply Chains Waste Reduction 93

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

AUGUST 7, 2023

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.

Inventory Reduction 98

Inventory Reduction eCommerce Inventory Procurement Solutions 98

Logistics Bureau

NOVEMBER 9, 2020

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. Supplier leads.

Material Savings 98

Material Savings Vendor Strategies Inventory Reduction Supply Chain Software 98

Turvo

MAY 21, 2020

Software vendors built empires on the idea of a single platform that could deliver absolute savings for a set of processes that improved only one aspect of the supply chain, such as management of orders, but not for shipments or vice versa. Yet the idea of collaboration in supply chain systems is at risk.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Supply Chain Planning Software Cost Reduction 52

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 142

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 142

Logistics Bureau

DECEMBER 4, 2023

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? Amazon did not invent the random storage approach. Book your free consultation.

Inventory Reduction 75

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 75

Logistics Bureau

OCTOBER 10, 2022

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. Reduce Lead Time to Aid Inventory Optimisation.

Inventory Reduction 105

Inventory Reduction Inventory Optimization Modeling Optimization Software 105

Logistics Viewpoints

APRIL 29, 2024

Michael Jacobs, Senior Vice President of Supply Chain at Ferguson PLC In 2022, I wrote an article called The Best Supply Chain Company You Have Never Heard Of. The article was about Ferguson PLC, a value-added distributor of plumbing and heating products. Steve Banker “Besides AutoStore, who are your vendors and consultants?”

Supply Chain Design Software 124

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 124

Logistics Bureau

JULY 19, 2021

Nevertheless, a recent meeting with a software vendor brought home to me how profoundly digital technology, primarily when provided via cloud-hosted SaaS delivery models, influences the focus of business relationships. The Problem with Vendor/Consultant Partnerships. The Problem with Vendor/Consultant Partnerships.

Supply Chain Planning Software 98

Supply Chain Planning Software Logistics Network Optimization Software Modeling Software Supply Chain Software 98

Logistics Bureau

OCTOBER 11, 2024

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.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 98

Talking Logistics

JANUARY 3, 2018

All of the headlines leading up to Christmas were about how retailers and parcel carriers were struggling to keep up with the record amount of online orders and deliveries for the holidays (see WSJ article UPS, Overwhelmed by Online Orders, Warns of Delivery Delays and Reuters article Surging online orders slow Wal-Mart delivery network ).

Production 84

Production Vendor Strategies Supply Chain Software Logistics Network Optimization Software 84

Logistics Viewpoints

SEPTEMBER 13, 2023

As part of its connected geo strategy, FourKites has expanded its operations to Japan, as it sees the country as an important link in the global supply chain. Supply chain ecosystems are made up of customers, partners, suppliers, vendors, and carriers, and none of these can operate in a silo.

Supply Chain Planning Software 124

Supply Chain Planning Software Waste Reduction Optimal Sourcing Supply Chain Software 124