Stord

JULY 1, 2024

Let’s explore common ways brands can better manage parcel and some less known ways brands can really maximize the cost savings…spoiler alert one natural deodorant company saved over $900,000 in annual parcel expenses utilizing these strategies. Remember that $900,000 annual parcel savings from the beginning of this blog post?

Expense Reduction 78

Expense Reduction Cost Reduction Price Reduction Inventory Reduction 78

CLX Logistics

MAY 3, 2024

A resilient and agile supply chain strategy is not just a prudent choice—it’s a necessity, especially within the context of chemical supply chains. Challenges in Supply Chain Strategy Planning Designing a resilient and agile supply chain organization is not without its challenges.

Material Savings 76

Material Savings Resource Reduction Cost Reduction Sourcing Strategies 76

Dedola Global Logistics

JANUARY 14, 2023

Transloading: A Comprehensive Guide With Client Examples Transloading is a process that involves transferring cargo from one mode of transportation to another during the shipping process. They reached out to us for help and we were able to develop a custom transloading strategy to address their unique challenges.

Examples 52

Examples Cost Reduction Expense Reduction Inventory Reduction 52

AIMMS

JULY 13, 2020

Other reviews (prepared for decision-making versus attending for receiving information) are shared by the owners of each strategy element/pillar. For instance, COOs own the supply strategy, marketing the portfolio strategy, and so forth. Very few organizations regularly assess whether they are delivering on the strategy.

Scenario Planning 160

Scenario Planning Supply Chain Planning Software Resource Reduction Sourcing Strategies 160

Logistics Viewpoints

JUNE 4, 2024

With tart cherry juice sales transitioning into a steady demand pattern, retailers must adapt their inventory strategies accordingly to meet this evolving consumer preference. It serves as a compelling example of how retailers must reassess their inventory strategies to adapt to rapidly shifting market demands driven by trends.

Inventory Reduction 145

Inventory Reduction Supply Chain Planning Software Inventory Waste Reduction 145

Blue Grace Logistics

JANUARY 23, 2024

Moreover, investing in robust freeze protection strategies not only safeguards your cargo from temperature fluctuations but also enhances customer satisfaction by ensuring the timely and intact delivery of their goods. Some shipments must maintain temperatures above freezing to safeguard their quality and value. View Freight Shipping Tips

Freight 108

Freight Cost Reduction Supply Chain Planning Software Temperature 108

Logistics Viewpoints

SEPTEMBER 19, 2023

The bullwhip effect is one example of this disruptive effect, when small changes in demand cause huge demand spikes downstream. Table 1 describes a few examples of these types of risks. Examples of disruptive risks are suppliers going out of business or shipwrecks that result in the loss of cargo containers.

Supply Chain Design Software 159

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 159

Locus

OCTOBER 12, 2023

Let’s take a look at recent example of how the strategies employed by the Indian Cricket Team during their face-off against Australia in the 2023 World Cup resonate seamlessly with the principles of optimal last-mile delivery: 1. They synchronized their strategies, adjusting to the game’s rhythm. Their secret sauce?

Expense Reduction 64

Expense Reduction Cost Reduction Resource Reduction Strategy 64

SYSPRO Smarter ERP

APRIL 18, 2022

Longstanding weaknesses in the supply chain like port infrastructure, outdated supply chain strategies and impacts of natural disaster and wars have all further affected global supply chains. The post How manufacturers and distributors can use ERP to gain control across the supply chain appeared first on SYSPRO Blog.

Manufacturing Procurement 124

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software ERP 124

SYSPRO Smarter ERP

FEBRUARY 21, 2022

In past blogs, we have discussed different types of manufacturing – discrete and process. Discrete manufacturing makes distinct ‘things’, process manufacturing makes ‘stuff’ (for example, fertilizer). Specific industries have specific manufacturing strategies for good reason.

Manufacturing Procurement 116

Manufacturing Procurement ERP Material Savings Inventory Reduction 116

GoShip Blog

FEBRUARY 7, 2023

Over the years, marketing strategies have evolved with the times, the advent of technology, and changes in consumer behavior. Why a Solid Marketing Strategy is Important A marketing strategy refers to a business’s action plan for achieving its short and long-term goals and developing a sustainable competitive advantage.

Waste Reduction 52

Waste Reduction Price Reduction Resource Reduction Expense Reduction 52

Blue Grace Logistics

AUGUST 3, 2021

What This Blog Is About: How to build a mutually beneficial relationship based on trust & credibility with your suppliers. The importance of setting the tone of the relationship and being an example of what you expect. Set The Tone Of The Relationship, Be The Example. 5 Tips To Improve Supplier Management.

Maintainability 117

Maintainability Price Reduction Purchasing Skills Resource Reduction 117

SYSPRO Smarter ERP

OCTOBER 20, 2021

In the factory environment, one example is the digitization of records for a more efficient method of record keeping, thereby improving the batch traceability process. The Internet of Things (IoT), and Industrial Internet of Things (IIOT) is a prime example of digitalization. Digital transformation: a strategy.

Digital 133

Digital Factories Supply Chain Planning Software Supply Chain Software 133

SYSPRO Smarter ERP

JUNE 5, 2023

One of the key strategies is leveraging embedded analytics within their ERP system to make faster data-driven decisions. In this blog post we will explore the benefits of centralized analytics within your ERP software. For example, manufacturers can use embedded analytics to track the flow of goods to suppliers or customers.

Optimization Software 98

Optimization Software ERP Price Reduction Cost Reduction 98

SYSPRO Smarter ERP

AUGUST 9, 2022

Digital transformation has quickly become an essential part of any successful business strategy which has also resulted in a skills gap. For example, a controller is the person responsible for managing cash flow, overseeing budgets, and preparing financial statements. An evolving workforce. Manufacturing. Business Processes.

Course 105

Course Buyer Training Waste Reduction Expense Reduction 105

The Logistics of Logistics

MAY 11, 2022

You were the one who said, “Joe, you need to start blogging.” ” I eventually started the show as a blog and built a big following. ” From when I encountered you to what you’re doing now, which is blogging, you’re not blogging anymore. I got strategies for it. That was helpful.

Inventory Reduction 195

Inventory Reduction Buyer Training Blog Logistics Network Optimization Software 195

SYSPRO Smarter ERP

NOVEMBER 22, 2021

For example, reports and analytics in your ERP system can help you identify areas where improvements can be made. Examples are heavily integrated supply chains that relied on foreign raw materials, manufacturers needed to explore initiatives like ERP and e-commerce integration to deliver directly to customers.

ERP 111

ERP Supply Chain Planning Software Supply Chain Design Software Vendor Strategies 111

SYSPRO Smarter ERP

SEPTEMBER 27, 2021

This strategy creates a subscription-based revenue stream, while the physical good itself is often a one-time purchase. For example, a refrigerator manufacturer can attach an IoT sensor to each of the appliances to monitor up-time and the products temperature. Data can also enable cross-sector collaboration.

Manufacturing Procurement 105

Manufacturing Procurement Data Modeling Software Optimization Software 105

SYSPRO Smarter ERP

OCTOBER 4, 2021

Here are examples of the tangible return-on-investment (ROI) ERP can bring to your business: Maintain competitive advantage with ERP. For example, ERP makes it easier to account for stock and automates accounts for improved cash-flow. ERP to drive business strategy and insights. ERP reduces operational and administrative costs.

Manufacturing Procurement 119

Manufacturing Procurement ERP Distribution Supply Chain Software 119

Freightos

JANUARY 15, 2024

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. For example, the Freightos Baltic Index indicates a 69% increase to North America’s East Coast and a staggering 226% to Northern Europe since the crisis began.

Negotiating Skills 127

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 127

SYSPRO Smarter ERP

JUNE 27, 2022

It goes without saying, that in order for the skills deficit to be reduced significantly, skills development needs to be central to a business digital strategy. Take for example the implementation for an ERP system. Building the right skills to meet the factory of the future appeared first on SYSPRO Blog. The post Industry 4.0:

Buyer Training 105

Buyer Training Factories Supply Chain Design Software Meeting 105

FreightWaves SONAR

APRIL 7, 2023

Tailor a mini-bid strategy that plays to your strengths and protects your weaknesses. I’ll offer an example: A consumer packaged goods company delivered time-sensitive food shipments to government facilities with complicated security protocols in remote locations.

Cost Reduction 52

Cost Reduction Price Reduction Strategy Freight 52

SYSPRO Smarter ERP

SEPTEMBER 8, 2022

High and increasing costs, in combination with long recovery times, have triggered many companies to reassess their customer service plus supply-chain strategies and footprints to make them more resilient to any kind of disruption. Implementing a procurement strategy. appeared first on SYSPRO Blog.

Manufacturing Procurement 105

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

SYSPRO Smarter ERP

OCTOBER 13, 2021

Success or failure is determined during this stage, and there are strategies that executives should follow to ensure that the ERP-enabled business benefits and strategic objectives are sustained and optimized. Another example is where a major customer suddenly demands a change in the way its orders are handled.

ERP 105

ERP Operations Optimization Software Buyer Training 105

SYSPRO Smarter ERP

MARCH 23, 2022

Such technology, for example, can help organizations identify the fastest, cheapest, and most sustainable shipping routes. Using an ERP system manufacturers can make their supply chains more efficient for example tracing every product from raw material to finished product to ensure it’s sustainable while reducing waste.

Manufacturing Procurement 105

Manufacturing Procurement ERP Supply Chain Software Waste Reduction 105

SYSPRO Smarter ERP

MAY 11, 2022

Some typical strategies are: Cost reduction by streamlining the business; Process improvement to shorten product delivery time; More flexible and agile manufacturing operations; Improving tracking and traceability to ensure regulatory compliance; Real-time data access and better reporting.

ERP 105

ERP Resource Reduction Cost Reduction Buyer Training 105

Freightos

DECEMBER 9, 2024

And instead of lamenting their detrimental impact after the fact, logistics professionals would do better to learn lessons and develop strategies to be prepared for the inevitable next disruption. To determining which tools can help execute that strategy.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chains Waste Reduction 62

GlobalTranz

APRIL 20, 2021

Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic. It’s the result of a deliberate strategy that may require tradeoffs compared to other approaches. This strategy requires greater investment and inventory carrying costs but enables continued production.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

SYSPRO Smarter ERP

NOVEMBER 1, 2022

The more technology shifts manufacturing structures, systems and strategies, the more business-critical ERP becomes, and proper techniques are needed to make processes more efficient. Smaller manufacturers, for example, have to consider the costs as challenges can become magnified as a business expands.

ERP 98

ERP Supply Chain Planning Software Factories Supply Chain Software 98

AIMMS

FEBRUARY 26, 2020

It found that 61% percent of respondents in distribution and retail , and 41% of businesses in manufacturing are largely in wait-and-see mode as they watch the news and plan for a strategy. Let’s explore some example s. . Resilient planning in action .

Supply Chain Planning Software 146

Supply Chain Planning Software Supply Chain Design Software Scenario Planning Supply Chain Software 146

Locus

JUNE 23, 2023

So, knowing more about order fulfillment, its importance, process, and strategies is critical. Read Also: 5 Ways to Ace Last-mile Reverse Logistics What are the Order fulfillment strategies, and which is right for your business? So there is no fixed rule for selecting the order fulfillment strategy. Let’s fill in!

Inventory Reduction 52

Inventory Reduction Cost Reduction Resource Reduction Vendor Strategies 52

SYSPRO Smarter ERP

NOVEMBER 8, 2021

According to McKinsey , the value of goods traded globally has tripled to more than US$10 trillion since 2000, and because of recent events, they are having to re-evaluate supply chain strategies. Unfortunately, the state of disruption to the current landscape has never been contemplated and very few strategies exist to navigate it.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 116

SYSPRO Smarter ERP

NOVEMBER 14, 2022

Below are four recalibration tactics decision-makers looking to adopt a growth mindset should consider integrating into their strategies to drive growth and maintain relevance now and in the future. The post Four growth tactics for manufacturer and distributor success appeared first on SYSPRO Blog.

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 116

EazyStock

OCTOBER 20, 2020

There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. Read our blog on demand forecasting accuracy for more details. For example, you should consider setting different service levels, safety stock levels and reordering parameters for each category.

Inventory Reduction 98

Inventory Reduction Optimization Software Inventory Optimization Modeling 98

Shipchain

NOVEMBER 15, 2018

For both examples, blockchain technology can add an extra layer of visibility in all logistics and transportation processes that will lead to reduced costs. Some examples include: Identify and reduce counterfeit product purchasing. Another big issue is fraud and theft. Eliminate financial fraud. Identify the cause of delays.

Cost Reduction 90

Cost Reduction Expense Reduction Purchasing Skills Material Savings 90

Freightos

JULY 8, 2024

Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. If I’m at any level in sales, a sales leader or senior manager, the amount of time that gets lost in trying to find information during a contract period, for example, is huge. That is a huge win.”,

Freight forwarding 110

Freight forwarding Price Reduction Industry Resource Reduction 110

Logistics Bureau

MAY 31, 2021

For example: Compared to selling a product in-store, the cost to deliver that same item as a small parcel can be several times higher. The above examples reflect costs that include picking, packing, and last-mile delivery. The list above is not exhaustive but merely provides some notable examples of cost drivers.

Cost Reduction 118

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 118