Logistics Viewpoints

AUGUST 24, 2022

I was also able to interview Brent after his session to get a little more insight on how Qualcomm dealt with the Covid-19 pandemic, what it means for the semiconductor chip shortage, and where the company is going with its digital transformation strategy. Dealing with disruption also takes agreements from customers.

Sourcing Strategies 111

Sourcing Strategies Material Savings Resource Reduction Manufacturing Procurement 111

Logistics Business Magazine

NOVEMBER 13, 2024

“Businesses that scenario plan effectively will stay the course. Internet of Things (IoT) devices will offer real-time tracking and monitoring of goods, ensuring transparency and efficiency throughout the supply chain. “Furthermore, the continued rise of e-commerce will inevitably shape logistics strategies.

Inventory Reduction 49

Inventory Reduction Waste Reduction Sourcing Strategies Cost Reduction 49

Logistics Bureau

JANUARY 3, 2025

Labour productivity: Efficiency and productivity of picking, packing, and shipping activities. Competitor intelligence: Distribution strategies and network designs of your competitors. By standardising distribution processes across your network, you can simplify operations for economy and efficiency.

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Design Distribution Networks 75

Logistics Bureau

NOVEMBER 29, 2024

So everything in the retailer’s Supply Chain strategy needs to be focused on the customer, and of course the shareholders, that goes without saying. Well that of course depends on the type of retailer we’re talking about. Quality is of course a given. And they have very different dynamics. Often 60-70% of total sales.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 75

ShipLilly

JUNE 28, 2021

The rate of return for products, otherwise known as reverse logistics, can be mitigated when suppliers work to improve the speed, cost, and efficiency of shipping goods. Thankfully some strategies can be used to mitigate the cost. But still, efficiency and effectiveness concerns exist. Return and Repair Policy Framework.

Vendor Strategies 98

Vendor Strategies Cost Reduction Expense Reduction Inventory Reduction 98

GlobalTranz

SEPTEMBER 1, 2017

Controlling inventory flow is a top priority among warehouse managers, and gaining control over inventory drives warehouse efficiency. As a result, warehouse managers must implement waveless picking strategies, such as order streaming, to gain control over inventory flow and push warehouse efficiency forward.

Inventory Reduction 89

Inventory Reduction Inventory Efficiency Vendor Strategies 89

GlobalTranz

DECEMBER 5, 2016

While many argue against robotics , robots have become an integral part of efficient, effective manufacturing, and failure to understand the what robots in manufacturing mean will leave your company trailing behind your competitors. Robotics boost manufacturing by creating an efficient means of completing specific products.

Manufacturing Procurement 104

Manufacturing Procurement Sourcing Strategies Efficiency Operations 104

Morai Logistics

OCTOBER 14, 2020

A return label improves overall supply chain efficiency, as it allows for products to be returned quickly. Not only does this help the customer, but it also gets the product back to the seller much more quickly, improving the efficiency of the entire process. However, they don’t stop there. Track Returns.

Reverse logistics 78

Reverse logistics Cost Reduction Strategy Logistics Network Optimization Software 78

3PL Links

OCTOBER 17, 2023

7 Efficient Strategies to Mitigate Risks in the Supply Chain | Image source: Pexels Issues with suppliers, calamities that occur naturally, data breaches, health issues, or security issues. It is possible to distribute risks and, of course, lessen the effect that a supplier issue could have on production by expanding this base.

Sourcing Strategies 48

Sourcing Strategies Resource Reduction Cost Reduction Supply Chains 48

Logistics Viewpoints

APRIL 6, 2023

By working closely with suppliers, organizations can improve the quality and reliability of their in-bound supply chains, reduce costs, and increase their overall efficiency. The urgency of response to a disruption of a Category 1 supplier is of course much higher than that of a Category 4 supplier.

Optimal Sourcing 98

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Procurement Analytics 98

Logistics Bureau

DECEMBER 6, 2024

A well-implemented reverse logistics system is essential for managing these backward movements efficiently. By focusing on this, businesses can not only achieve operational efficiency but also build for long-term success. A plan is necessary, possibly based on one of the following strategies. Persuade the customer otherwise.

Reverse logistics 74

Reverse logistics Cost Reduction Vendor Strategies Inventory Reduction 74

Logistics Viewpoints

SEPTEMBER 28, 2023

The need to blend operational efficiency with sustainability and fiscal prudence has organizations exploring innovative ways to help ‘future-proof’ transportation spending challenges. This underscores the importance of finding efficiencies. As challenges increase, technology continues to evolve to meet demand.

Supply Chain Software 126

Supply Chain Software Supply Chain Planning Software Cost Reduction Material Savings 126

Parade

MARCH 3, 2021

For freight brokers and third-party logistics providers, efficiency is king. The right software can remove these risk and save money An Automated Invoice Reconciliation system not only eliminates fraud, but frees up your accounts payable team to focus on protecting cash flow, holding suppliers accountable, and making processes more efficient.

Supply Chain Software 148

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

Material Handling and Logistics

AUGUST 31, 2018

Of course, the investment is intended to impact the bottom line, but when employees feel that their organization cares about them and wants to make their lives better, they want to reciprocate and are more invested in the organization’s success. The point here is the pick efficiency and speed mean nothing if replenishment can’t keep up.

Supply Chain Design Software 145

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 145

Freightos

SEPTEMBER 26, 2016

Overcapacity Could Be Maersk’s Salvation … and Strategy. And it seems pretty clear that this strategy will continue to be their path forward. Not maliciously of course, Maersk Line’s profitability grew from -$482 million in 2011 to $2.5 This isn’t a new strategy. billion in 2014. Driven by Technology.

Cost Reduction 102

Cost Reduction Price Reduction Purchasing Skills Logistics Network Optimization Software 102

SYSPRO Smarter ERP

JUNE 27, 2022

Of course, robotics does not tell the full story, as the world of manufacturing has evolved even further over the last few decades, with the rise of data and smart, autonomous systems. While all of these technologies have been aimed at improving operational efficiencies, one concerning factor remains. The growing skills gap.

Buyer Training 105

Buyer Training Factories Supply Chain Design Software Meeting 105

Logistics Viewpoints

JULY 28, 2022

The difficulties are pushing companies to come up with creative strategies that help encourage employees to find on-the-job fulfillment. Autonomous mobile robots (AMRs) are most used to help organizations create operational efficiency and enable scalability to adapt to changing demands.

Supply Chain Design Software 122

Supply Chain Design Software Sourcing Strategies Supply Chain Software Material Savings 122

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.

Supply Chain Design Software 115

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

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

IoT World Today

MAY 21, 2020

Supply chain recovery hinges on incorporating robust data analytics and other data-driven tools into business operations to increase efficiency, reduce costs and proactively manage risk. Supply chains will survive COVID-19, of course, but not without interim pain and structural change. Erratic consumer demand adds further dysfunction.

Supply Chain Planning Software 145

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

Logistics Viewpoints

DECEMBER 7, 2023

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. The ultimate goal is to efficiently deliver the product to the customer. Less of “what if?”

Supply Chain Design Software 130

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

MTS Logistics

SEPTEMBER 6, 2024

Besides China’s undeniable first place, of course, other actors in maritime competition in Asia are also aiming to catch up or even surpass China. This stability can be based on Singapore’s strategic location, advanced port facilities, and efficient shipping services, which have collectively bolstered its maritime power.

Maritime 109

Maritime Presentation Analysis Course 109

Kanban Logistics

JANUARY 12, 2022

In this article, we’ll take a closer look at drop trailers, as well as some additional efficiency-boosting transportation services that 3PL providers can offer. This strategy mitigates two major problems in the current supply chain. Additional local transportation services to boost driver efficiency. What is a drop trailer?

Efficiency 52

Efficiency Vendor Strategies Waste Reduction Transportation 52

Blue Grace Logistics

NOVEMBER 21, 2023

The decision to opt for frozen products over fresh ones is not just about convenience; it is a calculated strategy to strike a harmonious balance between buyers’ wallets and taste buds. The increased reliance on refrigerated transportation and storage has prompted a focus on energy efficiency and sustainability.

Optimal Sourcing 117

Optimal Sourcing Sourcing Strategies Resource Reduction Optimization Software 117

Logistics Viewpoints

FEBRUARY 28, 2023

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.). It is making use of inventory that is the easiest/fastest to get to the customer, no matter through which channel the order was placed.

Optimal Sourcing 111

Optimal Sourcing Inventory Reduction Sourcing Strategies Vendor Strategies 111

Logistics Bureau

SEPTEMBER 4, 2023

And, of course, I will also share how knowing your cost-to-serve will help you to solve those all-too-familiar performance gremlins. We’ll begin with a look at pricing strategy. Do You Lack Confidence in Your Pricing Strategies? It’s unlikely, however, that the effects of your pricing strategies are quite that simple.

Negotiating Skills 98

Negotiating Skills Purchasing Skills Cost Reduction Analysis 98

FreightWaves SONAR

FEBRUARY 26, 2021

Of course, measuring revenue through the growing demands for both contract and spot freight transportation is never simple addition and subtraction. Of course, tracking overall detention across a carrier’s network can seem overwhelming. Of course, it helps to know how the trends are shaping up over days, weeks and even months.

Trucking 96

Trucking Freight Price Reduction Cost Reduction 96

FreightWaves SONAR

JANUARY 21, 2021

Are you using your trucking assets as efficiently as possible? And of course, it hinges on the ability to understand and maintain consistency in your metrics. . The biggest barrier to efficiency in supply chain agility rests with an inability to see, capture or analyze freight data.

Data 98

Data Sourcing Strategies Tips Optimal Sourcing 98

Logistics Viewpoints

OCTOBER 4, 2021

The math is simple, a 13% reduction in service over the course of a year translates to a 13% drop in sales. Service for fast movers – the products that are their key money makers – would have been even worse if not for a shift in strategy. There was a shift from “’growth through innovation’ to ‘growth through efficiency.’

Inventory Reduction 116

Inventory Reduction Supply Chain Planning Software Cost Reduction Supply Chain Design Software 116

FreightWaves SONAR

NOVEMBER 19, 2020

Of course, no disruption comes close to those that have been experienced to date in 2020. However, AI can provide a pathway toward more proactive, responsive management strategies. Of course, even those capabilities hinge on AI to digest, interpret and act upon data. . All supply chains want efficiency and productivity gains.

Supply Chain Software 105

Supply Chain Software Supply Chains Scenario Planning Sourcing Strategies 105

Logistics Viewpoints

OCTOBER 3, 2022

The result is that instead of being so singularly focused on labor efficiencies, companies need to consider morale. Labor management systems break the work down into very granular activities, set targets for doing those tasks in an allotted period of time, and measure how workers do against the time standards over the course of the day.

Supply Chain Software 138

Supply Chain Software Supply Chains Sourcing Strategies Optimal Sourcing 138

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. Efficiency by unifying entities. The latter would be spun off or sold.

Logistics Network Optimization Software 134

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

Logistics Bureau

DECEMBER 22, 2024

For this reason, KPIs are essential for any business improvement strategy. Of course, the big challenge in this type of external benchmarking is obtaining the necessary data, since many companies are wary of sharing performance data with potential competitors.

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

GlobalTranz

AUGUST 25, 2015

Freight costs are eminently controllable, however, efficiently managing this major budget item requires expertise. Optimizing transportation management systems requires development of a comprehensive strategy that treats the business in its entirety.

Negotiating Skills 109

Negotiating Skills Cost Reduction Optimal Sourcing Resource Reduction 109

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

Logistics Viewpoints

NOVEMBER 10, 2022

Employee scarcity and high worker turnover are of critical impact to the efficiency and productivity of the nation’s warehouses, particularly when factoring in the costs of continually replacing and training new employees –which can equate to almost 25% of a worker’s average annual salary. Shining The Light On The Forgotten Worker.

Supply Chain Software 111

Supply Chain Software Logistics Network Optimization Software Inventory Reduction Resource Reduction 111

SYSPRO Smarter ERP

APRIL 25, 2022

Processes such as order-to-delivery, sometimes called order-to-cash, is key to operational efficiency and customer satisfaction. For Dell Technologies, the low-inventory strategy reduced the time it took to bring new PC models to market. There are of course challenges to the ATO mode of production. Challenges of ATO.

Ordering 111

Ordering Inventory Reduction Material Savings Modeling Software 111