ShipLilly

JUNE 28, 2021

Thankfully some strategies can be used to mitigate the cost. This is a fiscally sound strategy that cuts down on reverse logistics costs for organizations. Collaboration within Retailer Community. There is a need to respond to customers and of course, some investment is required. Return and Repair Policy Framework.

Vendor Strategies 98

Vendor Strategies Cost Reduction Expense Reduction Inventory Reduction 98

GlobalTranz

NOVEMBER 16, 2016

Yet the majority of companies have not defined a big data strategy, and others are barely starting to notice. . �. As a result, the simplest way of defining a big data strategy must begin with understanding how it will evolve and affect the company. . How to Get Started with Your Big Data Strategy. . Hand-held scanners.

Resource Reduction 91

Resource Reduction Cost Reduction Supply Chain Planning Software Supply Chain Software 91

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. It involves collaborating with suppliers to create long-term relationships that benefit both parties.

Optimal Sourcing 98

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Procurement Analytics 98

Logistics Business Magazine

NOVEMBER 13, 2024

Collaborative platforms will enhance supply chain visibility and coordination. “Businesses that scenario plan effectively will stay the course. ” Focusing on Consumer-Centric Strategies “In 2025, the customer will remain at the heart of logistics strategies.

Inventory Reduction 49

Inventory Reduction Waste Reduction Sourcing Strategies Cost Reduction 49

GlobalTranz

OCTOBER 12, 2016

Science, technology, engineering and mathematics (STEM) skills should be more heavily included into the educational courses of today’s students. Specifically, more manufacturers should offer training courses focused on STEM education to workers in lower-paying, less-intense positions. Implement Sustainable Manufacturing Practices.

Manufacturing Procurement 125

Manufacturing Procurement Buyer Training Waste Reduction Cost Reduction 125

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

Turvo

JUNE 3, 2020

As explained by Rick Brumett of Industry Week , these factors contribute to a growing sense of unrest, and then, beyond the planning and strategies around what happens in the supply chain from sourcing to delivery, there is always the risk of cybersecurity in the digital supply chain.

Supply Chain Planning Software 54

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Collaboration 54

Logistics Viewpoints

DECEMBER 7, 2023

Supply chain collaboration The pandemic taught us the immense value of collaboration. But what they truly need is an overarching construct, a piece of technology, that simplifies how they engage with those partners meaningfully, whether it is for real-time visibility or how they course-correct when something goes wrong.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 130

Logistics Business Magazine

MARCH 24, 2023

With recent events at Silicon Valley Bank and Credit Suisse rocking international finance systems , the experts at global supply chain risk management solution Resilinc are urging UK businesses to collaborate with suppliers to reduce uncertainty. Mapping down to the subtier level offers complete visibility into your supply chain.

Collaboration 50

Collaboration Expense Reduction Cost Reduction Optimal Sourcing 50

Turvo

MAY 21, 2020

Collaboration is perhaps the most widely discussed and recognizable topic in the modern supply chain. Used properly, collaboration enables better procurement, efficient shipment management, transparency, proactiveness, improved customer experience around delivery, and a team prepared to handle reverse logistics management.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Supply Chain Planning Software Cost Reduction 52

Talking Logistics

FEBRUARY 27, 2019

Operational excellence, of course. It provides us and our customers joint access to case management data and business intelligence tools so we can collaborate to make sure things get across the finish line.”. What do shipper’s look for in a logistics partner? What factors are driving these expectations?

Vendor Strategies 72

Vendor Strategies Price Reduction Logistics Network Optimization Software Modeling Software 72

GlobalTranz

DECEMBER 2, 2014

We wanted to bring you some quick strategies and tips that can help your holiday shipping woes or at any time of the year where you experience an increase in shipping volumes. Core carrier programs and carrier negotiations that once played a fundamental role in shippers’ cost reduction strategies no longer are sufficient.

Cost Reduction 86

Cost Reduction Price Reduction Vendor Strategies Resource Reduction 86

Parade

MARCH 3, 2021

This post was written in collaboration with , OpenEnvoy , a leading automated invoice reconciliation tool. This post is part of a , series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally. Key Features: Basic Auditing. Activity Logs & Analytics.

Supply Chain Software 148

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 148

Freightos

OCTOBER 26, 2020

So three months after an executive meeting on June 23rd , an updated strategy was released, tracking a radical shift into a slimmer Maersk, focused on providing end-to-end logistics services. The Post-2016 Strategy: End-to-end Shipping. The shift to full end-to-end integration, of course, leaves no one else in the middle.

Logistics Network Optimization Software 134

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Price Reduction 134

GlobalTranz

NOVEMBER 17, 2016

The most common complaint of newer companies using big data analytics capabilities tends to revolve around traditional questions of business strategy. Consider the following elements explains John Richardson of Inbound Logistics, that impact business strategy. Increasing order efficiency. Demand forecasts. The quantity of each product.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Software Procurement Solutions Supply Chain Design 115

Blog on Log

JANUARY 29, 2006

I am up in Toronto today and tomorrow participating in a course for Transportation and Logistics' professionals. The lack of collaboration in the transportation sector exacerbates this capacity crisis -- and affects a cross-section of industries. Collaborate across business and government sectors.

Collaboration 40

Collaboration Capacity Vendor Strategies Price Reduction 40

Logistics Bureau

JANUARY 7, 2020

Of course, it is helpful to have some statistics on hand to validate the statement above. 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. What’s wrong with this picture?

Supply Chain Design Software 111

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

IoT World Today

MAY 21, 2020

Supply chains will survive COVID-19, of course, but not without interim pain and structural change. Practitioners must develop a data analytics strategy that gives them insight into supply chain aberrations before catastrophe sets in. “If Erratic consumer demand adds further dysfunction. Supply Chain Data Sharing and Blockchain.

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 145

Logistics Bureau

JUNE 14, 2021

Of course, the criticality of such elements is the same now as it always was. 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. Collaboration.

Supply Chain Planning Software 85

Supply Chain Planning Software Optimal Sourcing Supply Chains Inventory Reduction 85

GlobalTranz

JANUARY 4, 2016

Technology has driven a new wave of productivity by digitizing key financial and business processes and enabling collaboration across the organization. Businesses cannot unlock the full potential of digital without reinventing their supply chain strategy. After reading, we'd love to hear from you in the comments section below.

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 91

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

GlobalTranz

JUNE 1, 2015

Lean systems have provided a formidable operating strategy for leaders determined to achieve and maintain optimal operational systems and customer satisfaction levels. “5S” programs are taught in some business college courses, and the SCOR model is also utilized. ISO publishes guidelines for conformance to its standards.

Manufacturing Procurement 133

Manufacturing Procurement Inventory Reduction Waste Reduction Cost Reduction 133

Logistics Viewpoints

MAY 27, 2021

IoT capabilities have long helped to track the location of transportation assets, communicate with employees and support real-time collaboration in the warehouse. Extending visibility of available capacities in the market enables a more effective result, often delivering win-wins for collaborative trading partners.

eCommerce 111

eCommerce Optimal Sourcing Supply Chain Software Supply Chain Planning Software 111

Logistics Bureau

OCTOBER 2, 2016

Supply chain strategy is critical to business success, but is often underestimated in its importance and hence receives less strategic 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 99

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 99

CH Robinson Logistics

JULY 7, 2021

Using this unique, tech-enabled platform our customers, carriers and employees can connect, facilitating collaboration, visibility and powerful data insights no matter where your operations are or what mode of transport is being used. with great success, and we hope to roll that out in Europe in due course. Collaboration is key.

Waste Reduction 103

Waste Reduction Cost Reduction Inventory Reduction Supply Chain Planning Software 103

GlobalTranz

OCTOBER 25, 2016

Unlike traditional, in-classroom education settings, vocational programs blend on-the-job learning opportunities with course credits and education. Vocational Training Blends On-the-Job Training With Education. Vocational Programs Encourage the Development of Apprenticeship Programs Among Youth.

Buyer Training 100

Buyer Training Training Resource Reduction Cost Reduction 100

Logistics Bureau

AUGUST 1, 2022

Often, in our experience, the problem is a human one… It’s not the data, not the process, not the technology, or the strategy, but the people. What matters most is how effectively the people involved in the process collaborate and overcome the silo mentality prevalent in organisations with multiple functions and business units.

Supply Chain Planning Software 98

Supply Chain Planning Software Scenario Planning Operations Supply Chain Design Software 98

Ship Monk

APRIL 5, 2024

Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. The Value of a Collaborative Relationship Why, you might ask, would I care about building a relationship with a supplier? SRM is more than a one-and-done analysis. And the benefits can be significant.

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 105

Talking Logistics

FEBRUARY 28, 2018

This new customer-centric reality is prompting manufacturers and retailers of all sizes to revisit their strategies and capabilities to succeed in this highly- dynamic, highly-uncertain, and highly-competitive environment. Determining the Right E-Commerce and Omni-Channel Fulfillment Strategy.

Inventory Reduction 36

Inventory Reduction Vendor Strategies Cost Reduction Supply Chain Planning Software 36

WorkWave

SEPTEMBER 6, 2023

B2Bs can simulate potential risks and challenges that may arise in their operations by experimenting with different strategies in a risk-free environment. Companies can identify the best course of action, minimize negative impacts and make more informed decisions. The economic advantages of routing simulations are noteworthy.

Expense Reduction 96

Expense Reduction Cost Reduction Resource Reduction Scenario Planning 96

GlobalTranz

FEBRUARY 15, 2017

Apps and Smart Devices Will Enable Communication and Collaboration. Communication and collaboration are keys to better manufacturing processes, and new apps and smart devices will further empower this trend. Predictive Analytics Will Be Leveraged to Reduce Risk and Boost Collaboration.

Modeling Software 74

Modeling Software Cost Reduction Optimization Software Trends 74

Logistics Viewpoints

NOVEMBER 11, 2021

Reporting to keep the inventory strategy fresh and supporting the goals of the organization. Is a replenishment strategy needed? Getting a warehouse to best-in-class performance requires using inventory strategy as the foundation for success: The incoming inventory needs conformance rules to support a robust inventory control process.

Inventory Reduction 115

Inventory Reduction Inventory Cost Reduction Material Savings 115

Logistics Viewpoints

APRIL 7, 2022

Adjust supply chain design more frequently than ever: As radical shifts in the centers of gravity of demand take place and the often-used transportation modes become inaccessible, organizations need to revisit their supply chain design and dynamically course correct. Create a Baseline for your Cost-to-Serve.

Supply Chain Design Software 129

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 129

AIMMS

JULY 15, 2019

When they had a production issue at one of their plants, they were able to quickly simulate the impact of the problem on their volume and EBITDA and decide on the best course of action. Within a few months they moved from spreadsheets and silos to looking at real-ti me scenarios in monthly planning meetings. A focus on Digital Twins .

Supply Chain Planning Software 107

Supply Chain Planning Software Scenario Planning Modeling Software Gartner 107

Logistics Viewpoints

JUNE 29, 2021

Data is the raw fuel of digital transformation and the linchpin to accelerating industry collaboration, automation, predictive insights and so many more cutting-edge capabilities (including those yet to be invented). Of course, there is much more that goes into effectively implementing each of these safeguards.

Data 111

Data Supply Chain Design Software Supply Chain Planning Software Digital 111

GlobalTranz

JUNE 30, 2017

In fact, manufacturers can collaborate with third-party logistics providers ( 3PLs ), like Cerasis , to realize the benefits of collaboration and taking advantage of business-to-business (B2B) sales through integration of systems, explains Louis Columbus of Supply Chain 24/7. Be There for Customers After the Sale.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics After-sales Price Reduction 82

Talking Logistics

FEBRUARY 26, 2018

Across every industry, IT strategy is now business strategy. Of course, these new technologies also come with a lot of risks and uncertainties, which is why many companies are taking a “wait and see” approach before investing any time, money, and resources in them. And it’s no secret that technology is fueling that speed.

Supply Chain Software 72

Supply Chain Software Logistics Network Optimization Software Supply Chains Vendor Strategies 72