Logistics Bureau

MAY 30, 2022

Our three pillars (or fundamentals) of great supply chain management excellence are strategy, service, and cost. Aligning strategy, service, and financial factors in your supply chain operation is essential to support your company’s overall business strategy , mission, and objectives. The Importance of Alignment.

Inventory Reduction 117

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 117

Logistics Bureau

DECEMBER 7, 2024

Is it a good idea to reduce working capital in a supply chain? However, it corresponds to the amount of money you need to keep your supply chain working, so in reality, you want to decrease it without hurting supply chain performance, of course. McDonalds, Amazon, Dell, General Electric, and Wal-Mart are examples.

Material Savings 69

Material Savings Inventory Reduction Cost Reduction Vendor Strategies 69

Logistics Bureau

DECEMBER 14, 2024

Many articles on the topic of supply chain cost reduction have been written, most of which are understandably focused on issues such as inventory levels , network design , process efficiencies and supplier management/relationships.

Cost Reduction 63

Cost Reduction Material Savings Expense Reduction Waste Reduction 63

Logistics Viewpoints

OCTOBER 4, 2021

Dramtatically Reduced Service in Grocery Stores Since Pandemic was Declared. Because of service disruptions – not being able to buy toilet paper, for example – the supply chain has been more discussed than ever before. The company provides demand and inventory planning solutions based on a public cloud architecture.

Inventory Reduction 153

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Cost Reduction 153

Logistics Bureau

DECEMBER 20, 2021

As we are often asked about KPIs for inventory management , that’s what we’re going to focus on in this particular post. You will also understand their notable benefits to the inventory management discipline. 10 Invaluable KPIs to Track Inventory Management Performance. 1: Inventory Turns. million)/2 = 6.76.

Inventory Reduction 106

Inventory Reduction Inventory Cost Reduction Purchasing Skills 106

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 131

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 131

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?

Inventory Reduction 78

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 78

Logistics Bureau

JANUARY 9, 2019

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. Mini Case Study: Walmart.

Supply Chain Design Software 118

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

Ship Monk

MAY 5, 2022

There are a lot of moving parts in a transition of this magnitude, but we find that our clients’ biggest concerns are about the actual, physical move—how to get their inventory out of its current (and potentially hostile) warehouse and set up in a new facility with the least amount of disruption to their business. Taking the Plunge.

Inventory Reduction 52

Inventory Reduction Vendor Strategies Cost Reduction 3PL 52

EazyStock

JANUARY 27, 2021

2021 Supply Chain and Inventory Management Trends for the US. Here we are, one year later, trying to determine the 2021 supply chain and inventory management trends to adopt. Hardware is one prime example; we don’t have drones delivering packages quite yet, but robots can be found within warehouses such as Amazon.

Supply Chain Software 96

Supply Chain Software Supply Chain Planning Software Inventory Reduction Supply Chains 96

Logistics Bureau

MAY 31, 2021

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. 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. High Cost to Serve: It’s an Omnichannel Problem.

Cost Reduction 118

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 118

Logistics Viewpoints

AUGUST 17, 2022

Of course, we subsequently share interesting insights in Logistics Viewpoints articles. Brian provided me with insights into some specific warehouse automation and robotics examples. However, we have generally focused on labor reduction through reduced walking time and distance as the value drivers.

Supply Chain Planning Software 197

Supply Chain Planning Software Supply Chain Software Digital Scenario Planning 197

Parade

MARCH 3, 2021

Digitize Invoicing to Eliminate Errors and Guard Cash Flow. And in the example of invoices, the unwieldy process of cross-referencing and auditing means that fraud in the logistics business is all too common. In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations.

Supply Chain Software 148

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

Logistics Bureau

APRIL 3, 2023

If you’re a decision-maker with accountability for your organisation’s entire supply chain, and you’re just starting to think about outsourcing, perhaps to reduce costs or improve service, this post should prove well worth the few minutes it will take you to read it. What Can You Outsource, and What Should You Outsource?

Outsourcing 102

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 102

CH Robinson Logistics

JULY 7, 2021

The European Union has recently legalised its commitment to have Europe become the first climate neutral continent by 2050 and has agreed between all member states and the EU Parliament, that the bloc will reduce carbon emissions by at least 55 percent by 2030. with great success, and we hope to roll that out in Europe in due course.

Waste Reduction 103

Waste Reduction Cost Reduction Inventory Reduction Supply Chain Planning Software 103

Logistics Viewpoints

FEBRUARY 28, 2022

In the course of updating our annual research on the supply chain planning market , I talked to executives across the industry. Alex Pradhan, Product Strategy Leader John Galt Solutions, told me that “all planning vendors have bold marketing around AI.” Lead times, for example, are a critical form of master data for planning purposes.

Supply Chain Planning Software 182

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 182

Logistics Viewpoints

SEPTEMBER 6, 2023

Expedited shipping could reduce shipping wait times, but with a substantial cost increase. Of course, the progress of Amazon Prime over the last decade has leveled the playing field quite a bit. Packages with selected inventory are shipped to a geographical area without specifying a final delivery address.

Inventory Reduction 164

Inventory Reduction Purchasing Skills Cost Reduction Modeling Software 164

Logistics Bureau

NOVEMBER 11, 2024

That’s probably one of the first differences you’d notice between a warehouse of today and that of 25-plus years ago – and of course it’s down to technology. It’s the combination of various automated systems such as robotics, sensors and software to streamline warehouse operations, reduce labor costs and improve accuracy.

Supply Chain Software 88

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

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 116

Cost Reduction Purchasing Skills Waste Reduction Material Savings 116

Logistics Bureau

OCTOBER 26, 2024

Often, people think that supply chain consulting is about reducing costs. 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

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. Effective retail supply chain management also helps to manage inventory levels, reduce waste and ultimately customer satisfaction. Quality is of course a given.

Supply Chain Planning Software 82

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 82

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. No one wants to hold inventory.

Supply Chain Planning Software 145

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

Logistics Viewpoints

SEPTEMBER 25, 2023

Greenhouses can be constructed to be like semiconductor clean rooms which would eliminate the need for pesticides. Greenhouses can be located near population centers and the growing season can occur all year long; this improves the freshness of food while reducing GHG emissions. This is a relatively minor piece of new functionality.

Supply Chain Software 152

Supply Chain Software Food and Agriculture Logistics Network Optimization Software Inventory Reduction 152

Logistics Bureau

OCTOBER 9, 2023

Inventory levels: Current or expected inventory levels at various locations. Inventory turnover: Inventory turns for each SKU. Competitor intelligence: Distribution strategies and network designs of your competitors. Variable costs: Relating to transportation, labour, and inventory management.

Supply Chain Design Software 104

Supply Chain Design Software Supply Chain Design Distribution Networks 104

Logistics Bureau

NOVEMBER 28, 2024

Now before you write off my statements as something you already knew, here’s a fact you might not be so familiar with: For your last mile services to compete successfully, you need to ensure that your entire supply chain (or at least the parts you can reasonably control) is set up to support a winning last-mile strategy.

Supply Chain Planning Software 80

Supply Chain Planning Software Supply Chain Software Supply Chains Optimization Software 80

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. If your business is experiencing a persistent reduction in profit margins, analysing your cost to serve is an advisable step in diagnosing the causes. We’ll begin with a look at pricing strategy.

Negotiating Skills 103

Negotiating Skills Purchasing Skills Cost Reduction Analysis 103

Logistics Viewpoints

FEBRUARY 16, 2022

Of course, Amazon is investing heavily in its infrastructure and working toward market share gains, likely in detriment to earnings. Nike’s 2020 earnings are another example of costly e-commerce operations’ impact on the bottom line. Inventory storage costs are lower than brick-and-mortar. percent profit margin.

Operations 159

Operations Cost Reduction Vendor Strategies Price Reduction 159

Locus

MARCH 27, 2024

On one hand, they’re battling shrinkage, which includes inventory losses from both operational slip-ups and theft. Geocoding drastically cuts down on the headache of reattempted deliveries on these unclear by accurately locating unclear addresses, thereby saving costs and boosting customer satisfaction. Pretty daunting, right?

Cost Reduction 52

Cost Reduction Inventory Reduction Expense Reduction Resource Reduction 52

Logistics Bureau

DECEMBER 19, 2022

Slotting a warehouse product is the same, for example, as placing your umbrella close to your front door at home, so it’s easy to pick it up and run when it’s raining, and you’re late for work. Slotting is all about optimising the placement of warehouse SKUs to gain efficiency , increase productivity , and reduce operational costs.

Production 106

Production Inventory Reduction Cost Reduction Resource Reduction 106

Logistics Viewpoints

APRIL 10, 2023

For example, pickleball has been the fastest growing sport in America for 3 years. Or, alternatively, a company carries too much inventory, storage for excess inventory must be purchased, and cash flows become tight. An example of a branding concept involves the work the company did with Kerri Lee Walsh Jennings.

Supply Chains 137

Supply Chains Security Scenario Planning Manufacturing Procurement 137

Logistics Bureau

NOVEMBER 3, 2024

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. If you want business success (and who doesn’t?),

Supply Chain Design Software 71

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 71

3PL Links

JANUARY 31, 2023

7 Best Tips for Inventory Management To Avoid Losses | Image source: AR Racking Inventory management is likely the most crucial success component if you sell products through an online store. As a result of only investing in an expensive marketing strategy, you immediately miss the point. In a nutshell, a situation to avoid.

Inventory Reduction 62

Inventory Reduction Inventory Tips Expense Reduction 62

Logistics Bureau

MARCH 14, 2018

Conversely, of course, this also means there are a number of ways in which companies can get it wrong. 1: Holding Excess Inventory. Reducing inventory levels as far as possible makes your supply chain leaner and leaves you with less money tied up in stock. Sometimes things can slip, especially during busy times. #1:

Warehousing 103

Warehousing Inventory Reduction Cost Reduction Expense Reduction 103

CH Robinson Logistics

JUNE 20, 2019

When I talk to worldwide businesses in Asia, Oceania, North America, or anywhere else, their chief concern is always the same: how do we meet our customers where they are to get them the products and services they want, all while keeping our own business strategy central? How to prioritize supply chain strategy for business expansion.

Sourcing Strategies 48

Sourcing Strategies Vendor Strategies Inventory Reduction Resource Reduction 48

GlobalTranz

DECEMBER 5, 2018

For example, a black swan event may include both the physical damage and ongoing disruption caused by a hurricane and subsequent bottlenecks, so shippers that know how to isolate the causes of poor visibility and areas that are likely to contribute to worsening of black swan events can effectively reduce their chances of coming to fruition.

Price Reduction 67

Price Reduction Resource Reduction Cost Reduction Inventory Reduction 67

Logistics Viewpoints

APRIL 27, 2023

For example, monthly subscription fees, any software support charges, and data migration fees. Analyze potential gains – WMS spending makes sense when you consider that an implementation can save your organization between 15% and 25% in inventory, provide almost 100% inventory accuracy, and reduce labor costs between 20% and 30%.

Supply Chain Planning Software 141

Supply Chain Planning Software Modeling Software Logistics Network Optimization Software Supply Chain Software 141

Logistics Viewpoints

FEBRUARY 25, 2022

I thought I understood all the major supply chain implications of the pandemic until I began reading Yossi Sheffi’s new book The New (Ab)Normal: Reshaping Business and Supply Chain Strategy beyond Covid-19. Now of course, companies must map out the potential impacts of the Russia Ukraine war. shale or Iran, for example.

Price Reduction 140

Price Reduction Supply Chain Planning Software Expense Reduction Logistics Network Optimization Software 140