Logistics Viewpoints

JUNE 29, 2021

I like the simplicity and clarity of Informatica’s definition of data quality: Data quality refers to the overall utility of a dataset(s) as a function of its ability to be easily processed and analyzed for other uses. Of course, there is much more that goes into effectively implementing each of these safeguards.

Data 155

Data Supply Chain Design Software Supply Chain Planning Software Digital 155

Conger

JUNE 20, 2018

For example: LPG forklifts are priced differently than electrics. Of course, more maintenance leads to higher maintenance costs. For example: fork positioners aren’t commonly found used. We’ll include a range of pricing you might find for a used forklift and examples of what used forklifts might go for. A 2010 5,000 lb.

Purchasing Skills 51

Purchasing Skills Negotiating Skills Definition Price Reduction 51

Conger

FEBRUARY 11, 2022

And here’s a simple pallet jack definition: A pallet jack (sometimes called a “pallet truck”) is the simplest type of forklift, consisting of a: Wheeled trolley. For example, manual pallet jack sizes can be 36 or 42 inches. For example, electric pallet jacks, specifically ride-on models, are a better option for this.

Definition 52

Definition Modeling Software Price Reduction Handling 52

Ship Monk

MARCH 11, 2024

And when we feel uncertain, humans tend to look for examples of what others in our situation have done. In this article we’ll explore the definition of social proof and its importance in influencing shopping decisions. In this article we’ll explore the definition of social proof and its importance in influencing shopping decisions.

eCommerce 105

eCommerce Logistics Network Optimization Software Case Study Procurement Solutions 105

Conger

JUNE 20, 2018

For example: LPG forklifts are priced differently than electrics. Of course, more maintenance leads to higher maintenance costs. For example: fork positioners aren’t commonly found used. We’ll include a range of pricing you might find for a used forklift and examples of what used forklifts might go for. A 2010 5,000 lb.

Purchasing Skills 40

Purchasing Skills Negotiating Skills Definition Price Reduction 40

Logistics Viewpoints

MARCH 4, 2021

Examples of building intelligence in your processes: Automating product segmentation based on multiple dimensions including revenue, demand variability, supplier lead-times to manage different service level targets. Of course, autonomous planning does not happen overnight, and it is not just about having the technology.

Supply Chain Planning Software 165

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 165

Logistics Viewpoints

AUGUST 3, 2022

There are many other similar growth examples in warehouse automation. Do they have reason to believe it has run its course? So I expect Daifuku’s warehouse automation business, by ARC’s definition, grew within a reasonable range of 20%. Granted, there are some less impressive statistics as well.

Supply Chain Software 112

Supply Chain Software Automation Materials Handling Analysis 112

Ship Monk

AUGUST 20, 2021

Manufacturing issues and temperamental weather, for example, are among the top culprits behind shipping delays and things just not going according to plan. Of course, it’s the hardest lessons that are always worth learning. Alas, the reality of the supply chain is that, with so many moving parts, there’s a lot that you can’t control.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software eCommerce Manufacturing Procurement 98

Logistics Bureau

DECEMBER 22, 2024

A KPI is a practical and objective measurement of progress, either: Towards a predetermined goal, or Against a required standard of performance It might help to think of a KPI as something like an instrument on a car dashboarda speedometer, for example. Why Are KPIs Important?

Supply Chains 68

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 68

Ship Monk

JULY 9, 2021

We’re talking, of course, about eCommerce packaging. Cardboard boxes, for example, are an ubiquitous shipping staple, and for good reason! The definition for “oversized” varies by carrier. You shouldn’t judge a book by its cover, but good books deserve good covers. Let’s begin! For the Standard Stuff. For Oversized Goods.

Packaging 98

Packaging eCommerce Packing Production 98

Ship Monk

JANUARY 27, 2021

In all fairness, eCommerce is definitely a driving force behind the changing landscape of retail. Meet BOPIS, otherwise known as one of the most popular baby names of 2021 — we’re kidding, of course. Take, for example, the Sephora app, which allows shoppers to try on different makeup products before picking them up in-store.

eCommerce 98

eCommerce Picking Material Savings Production 98

GlobalTranz

SEPTEMBER 7, 2017

In the course of international trade, compliance with international trade laws and cultural differences can lead to confusion when interpreting contractual terms and obligations. Although its original definition was used exclusively for seafaring transport, modern use of the term can be applied to all shipment modes of transit.

Freight 82

Freight Cost Reduction Purchasing Skills Expense Reduction 82

Talking Logistics

JULY 5, 2017

A great example is a procurement professional who has spent the last 30 years perfecting the art of “buying.” I’ve been a long-time advocate of the Vested model, ever since I took one of the first courses on it at the University of Tennessee in April 2009. Shoveling Snow with a Dustpan. The Network Effect in Supply Chain and Logistics.

Supply Chain Design Software 88

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 88

Logistics Bureau

JANUARY 7, 2020

Of course, it is helpful to have some statistics on hand to validate the statement above. The definition above is not from any textbook, but is one that I am sure you will agree, describes a state of affairs that any corporate leader or business owner would be happy to attain. . If you want business success (and who doesn’t?),

Supply Chain Design Software 126

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 126

GlobalTranz

MAY 20, 2015

The US quality guru Joseph Moses Juran (born 1904 in Romania ) divides the supplier quality assurance process into nine steps: definition of the product’s quality requirements, evaluation of alternative suppliers. The definition of this metric is similar to the way it sounds. Cost of quality. This can be done in various ways.

Procurement Analytics 99

Procurement Analytics Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 99

Ship Monk

FEBRUARY 3, 2024

Your products are different, your sales cycle might be longer or shorter, your customers are different — so it’s useless to compare your conversion rate, for example, to an industry average. Of course, what you say is just as important as how you say it. Anywhere from 15 to 98 characters and 3 to 9 words seems to be okay.

eCommerce 105

eCommerce Tips Procurement Solutions Logistics Network Optimization Software 105

Shipping and Freight Resource

MARCH 10, 2020

In this article I unpack the difference between Maritime, Shipping, Freight, Logistics and Supply Chain and how it is all connected, starting with some simple definitions of these terms. Of course different freight types have different characteristics and susceptible to different types of cargo damage and needs expert handling in all cases.

Maritime 134

Maritime Supply Chain Planning Software Supply Chains Manufacturing Procurement 134

Ship Monk

SEPTEMBER 2, 2020

Of course, creating a budget isn’t enough — you have to follow through with it too. While working remotely is not a one-size-fits-all solution, it is definitely one worth considering. Of course, if working from home isn’t your thing, then we suggest looking into coworking spaces. What do all the examples above have in common?

Tips 78

Tips Expense Reduction Outsourcing Procurement Solutions 78

Logistics Bureau

JANUARY 9, 2019

Of course, it is helpful to have some statistics on hand to validate the statement above. The definition above is not from any textbook, but is simply one that I’m sure you’ll agree, describes a state of affairs that any corporate leader or business owner would be happy to arrive at. Mini Case Study: Walmart.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 118

GlobalTranz

AUGUST 19, 2015

So if you're making a career switch and need to learn the ins and outs of freight brokering quickly, definitely consider taking a course. For example, being able to access your loads from anywhere means you can take care of business outside of the office as long as you've got your smartphone.

Resource Reduction 84

Resource Reduction Freight Training Blog 84

GlobalTranz

SEPTEMBER 8, 2017

In its definition, a real or true digital supply chain management goes beyond the conventional hybrid system and makes use of connectivity, system integration and the information-producing capabilities of its key components. In the course of operation, the business is exposed at multiple points across its stages of supply chain.

Supply Chain Software 83

Supply Chain Software Supply Chains Digital Waste Reduction 83

Talking Logistics

FEBRUARY 7, 2019

The answer is not only yes, but definitely so. The base units may all come from a large factory nearby or attached to brand headquarters, for example, but certain components (features/options, different color choices, tailored sizes) are applied or paired up closer to the end consumer’s location.

Supply Chain Software 92

Supply Chain Software Supply Chain Planning Software Supply Chains Scenario Planning 92

GlobalTranz

FEBRUARY 25, 2021

Remanufacturing and refurbishing activities also may be included in the definition of reverse logistics.”. For example, the reverse logistics process includes the management and the sale of surplus as well as returned equipment and machines from the hardware leasing business.

Reverse logistics 84

Reverse logistics Inventory Reduction Cost Reduction Manufacturing Procurement 84

SYSPRO Smarter ERP

NOVEMBER 3, 2021

The definition of “on-time” can vary depending on the shipping method and if partial deliveries occur but should be based upon the agreed date. This may lead to any number of follow-up actions, for example: Redesigning sourcing or material strategies.

Manufacturing Procurement 105

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

GlobalTranz

NOVEMBER 9, 2016

The definition of the IoT sums it up; it is “a network of dedicated physical objects that contain embedded technology to sense or interact with their internal state or external environment.”. Of course, these possibilities are not without potential problems. Where Do We Stand Today?

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Software Supply Chains Logistics Network Optimization Software 98

Logistics Bureau

MAY 24, 2021

For example, if your cost of goods sold for 2020 was $250,000, and your average inventory on hand was worth $25,000, your inventory turnover ratio would be $250,000/$25,000 = 10, meaning your entire stock of that particular SKU turns over around ten times per year. Using the previous example, dividing 365 days by 10 gives you 36.5

Inventory Reduction 118

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 118

GlobalTranz

FEBRUARY 18, 2015

Census Bureau definition of STEM graduates and workers , which is used to make this argument, includes psychology and social science majors, which are not what most people think of when considering STEM occupations. This reasoning falls apart rapidly. First, the U.S. CVS is not alone. CVS has already moved one division to Ireland.

Resource Reduction 97

Resource Reduction Price Reduction Logistics Network Optimization Software Data 97

Logistics in War

SEPTEMBER 7, 2024

Military terminology changes frequently, and you might note that Defence – in 2023 – doesn’t have an agreed upon definition for what strategic logistics is, nor what logistics at the ‘strategic level’ of war entails. There are, of course, a range of factors that compromised the ADF’s preparedness and logistics support to the operation.

Logistics Network Optimization Software 72

Logistics Network Optimization Software Military Logistics Definition 72

10xLogistics

AUGUST 14, 2016

This is the definition of a true customer centric supply chain. If you own the final mile of the delivery then you definitely have more impact. For example, Amazon delivers on Sunday through the US Postal Service. Of course, there are other items but these are the big three in my book. Invest in quality.

Cost Reduction 48

Cost Reduction Purchasing Skills Supply Chain Planning Software Logistics Network Optimization Software 48

Ship Monk

APRIL 28, 2023

Another survey found that 73% of global consumers would “definitely” or “probably” change their buying behavior to reduce environmental impact. If your brand is positively associated with eco-friendly partners and practices, this can definitely give you a competitive edge. Consider the clothing industry as an example.

eCommerce 97

eCommerce Waste Reduction How To Material Savings 97

Logistics Business Magazine

SEPTEMBER 27, 2022

MV: Definitely. MV: Of course! It definitely is. It is easier for us to present the KION Groups strategy to customers and to make it clear that Baoli can definitely have its place in a market that has already grown and that it also stands out clearly from the offerings of other Chinese brands. MV: Very important!

Negotiating Skills 55

Negotiating Skills Purchasing Skills Manufacturing Procurement Price Reduction 55

Trans Global Auto Logistics

FEBRUARY 25, 2021

And then of course there are the barriers of time: Brexit shipping to Europe – UK routes will definitely become and remain slower due to increased inspection times. And we have seen the UK largely choose to continue to abide by, for example, existing EU environmental and safety regulations pertaining to international shipments.

Expense Reduction 96

Expense Reduction Inventory Reduction Cost Reduction Resource Reduction 96

Trinity Logistics

OCTOBER 16, 2020

Many companies report savings after adopting greener courses of action. For example, ocean transportation is a notable contributor to global sulfur emissions. Consider the following examples: Individual employee energy consumption Truck and forklift usage Handling and packaging Paperwork. 1 Selecting greener suppliers.

Material Savings 62

Material Savings Waste Reduction Cost Reduction Logistics Network Optimization Software 62

Logistics Bureau

AUGUST 7, 2023

Standardise and Digitise The key to managing complexity, of course, is to be organised. 2) A need for variants of products that are more suitable for online ordering and shipping than those suited for in-store sales (leak-proof packaging, for example). Try to establish consistency in the identification of your company’s products.

Inventory Reduction 95

Inventory Reduction eCommerce Inventory Procurement Solutions 95

Logistics Viewpoints

JANUARY 31, 2022

A press release from October of 2021 stated that solutions sold by the Group over the course of one year result in the avoidance of around 1,300 million tons of CO2 emissions over those product’s lifespan. These avoided CO2 emissions from their products, they argue, are around 40 times the Group’s own total carbon footprint.

Material Savings 135

Material Savings Cost Reduction Price Reduction Expense Reduction 135

Logistics Bureau

OCTOBER 26, 2024

Although this is definitely an integral part of consulting, there are multiple facets to consider. Well, as a supply chain consultancy , in our experience many companies begin to face challenges that arise which aren’t easy to resolve internally – but of course that’s a high-level and simplified catchall statement.

Supply Chain Planning Software 91

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

Ship Monk

JANUARY 11, 2024

Of course, the opposite is also true — when handled poorly, returns can hurt your brand. Let’s take apparel, for example. For example, don’t process refunds until the product is returned and inspected; and don’t offer refunds for items without the original tag and packaging. It’s the dictionary definition of a PITA.

Procurement Solutions 111

Procurement Solutions Inventory Reduction Supply Chain Planning Software Material Savings 111