Logistics Viewpoints

APRIL 19, 2023

Second, what is autonomous planning in supply chain, and what are some practical examples? In order to achieve this, demand planning, inventory planning, supply planning via procurement and/or production planning, along with fulfilment/allocation and even transportation planning need to be integrated.

Supply Chain Planning Software 117

Supply Chain Planning Software Optimal Sourcing Scenario Planning Manufacturing Procurement 117

Parade

MARCH 3, 2021

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. This is both limited and costly: It could involve a procurement company, which a freight broker or 3PL may actually compete with.

Supply Chain Software 148

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

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. Lead times, for example, are a critical form of master data for planning purposes. The processing units in an oil refinery, for example, operate at high temperature and high pressure.

Supply Chain Planning Software 142

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 142

GlobalTranz

JANUARY 18, 2017

Let’s take another look at how procurement, computing power, industry 4.0, cyber security, advanced robotics and automation became top priorities for research, development, and implementation throughout the past year’s operations in the manufacturing industry. . Procurement Operations Became Decentralized and Adaptable.

Manufacturing Procurement 58

Manufacturing Procurement Supply Chain Software Optimal Sourcing Procurement 58

Shipping and Freight Resource

MARCH 10, 2020

Supply Chain = the whole granddaddy process comprising of all aspects in a product cycle, for example from picking of the fruit at a farm in Point A to delivering the fruit to the shelf at a store in Point B using all of the above-mentioned industries, businesses and services. Procure good quality at reasonable rates. Supply Chain.

Maritime 134

Maritime Supply Chain Planning Software Supply Chains Manufacturing Procurement 134

Logistics Bureau

APRIL 3, 2023

So, for example, outsourcing sales activity is not typically a good idea if yours is a retail sales company. But, of course, what those circumstances are is for you to decide. A procurement specialist can help you source raw materials, components, or (if your company is not a manufacturer) finished goods more efficiently.

Outsourcing 98

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 98

Logistics Bureau

JANUARY 2, 2025

A good KPI dashboard can show you for example, the difference between planned and actual kilometers for each route. Drivers adherence to routes is visible in real-time, and planners can even change a drivers itinerary on the fly, in response to a long traffic tailback, for example. Is Your Fleet Routing the Best It Can Be?

Logistics Network Optimization Software 75

Logistics Network Optimization Software Optimization Software Optimal Sourcing Logistics 75

Ship Monk

APRIL 5, 2024

The fact is, most business owners think of procurement as nothing more than a transactional relationship. Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. Establish KPIs that hold both your suppliers and your procurement team accountable. Was it the last time you placed an order?

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 105

Logistics Bureau

APRIL 4, 2022

The answer is to benchmark your freight, of course. It will also make it easier to determine, for example, if you should opt for contract rates over spot rates or vice versa. Alternatively, you can procure access to a digital freight benchmarking platform. The Pros and Cons of Procuring a Benchmarking Tool.

Negotiating Skills 96

Negotiating Skills Logistics Network Optimization Software Purchasing Skills Supply Chain Planning Software 96

Logistics Bureau

APRIL 18, 2019

Of course the same is true in many professions, but is particularly so in the arena of supply chain and logistics. The objective of a capacity planner is to optimize manufacturing or production capacity through process, design, resource procurement, and collaboration with supply chain partners. Procurement Manager/Specialist.

Manufacturing Procurement 89

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 89

Logistics Bureau

JANUARY 7, 2020

Of course, it is helpful to have some statistics on hand to validate the statement above. Walmart may be the most famous example of a company that has succeeded primarily because of a well-developed and aligned supply chain strategy. The success of your business links inextricably to the performance of your supply chain.

Supply Chain Design Software 111

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

Logistics Bureau

NOVEMBER 2, 2020

For some companies it means ethical procurement, for others it involves supporting worthy causes. Companies have to pursue profits of course, (how else will they stay in business?) Examples of CSR Programmes. It is always helpful to look at some concrete examples when exploring complex topics. Example #1: Lego.

Waste Reduction 98

Waste Reduction Resource Reduction Supply Chain Design Software Supply Chain Planning Software 98

Logistics Bureau

DECEMBER 6, 2024

Indeed, gamification is becoming an increasingly popular feature across the entire supply chain, from procurement to last-mile delivery. Of course, gamification can only be used in processes requiring human input, since it drives performance by way of motivation.

Supply Chain Design Software 73

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 73

Logistics Bureau

JANUARY 25, 2017

The variety of functions involved – product design, procurement, warehousing, production, transport, distribution, sales, for instance – encourages demand for new employees and multiplies possibilities for moving around inside too. Of course, generally, you should not expect to get more out of networking than what you put into it.

Negotiating Skills 75

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 75

Kanban Logistics

AUGUST 13, 2020

This includes the procurement and delivery of the parts used to build the finished product. Third-party procurement. Right now, your buyers probably spend a good percentage of their time negotiating with, and procuring goods from, makers of boxes, nuts, bolts, and other consumable parts and materials. What is inbound logistics?

Manufacturing Procurement 98

Manufacturing Procurement Inbound 3PL Material Savings 98

SYSPRO Smarter ERP

JANUARY 19, 2022

For example, one of the main problems with Asian-US trade is that all container ship deliveries are now routed to the West Coast, even though the bulk of America’s manufacturers are based on the East Coast. Of course, the key to success is being able to analyze that data so that you can get the maximum value out of it.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 105

Talking Logistics

JULY 5, 2017

A great example is a procurement professional who has spent the last 30 years perfecting the art of “buying.” The Vested methodology teaches that the partnering with strategic suppliers outperforms “buying,” but it is very difficult for procurement professionals to let go of old-school dogmas that focus on price and not value.

Supply Chain Design Software 84

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 84

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Why Choose a Job in the Supply Chain Industry?

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 98

Logistics Viewpoints

AUGUST 22, 2023

That’s when you can course correct in any number of ways that make your business more efficient and your customers happier. Some examples: Procurement and Co-manufacturing : What is the impact of inbound transportation issues on materials? In other words, visibility is an enabler. Why is this shift such a big deal?

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 98

GlobalTranz

NOVEMBER 17, 2016

Transportation modes used in procurement and shipping. Ultimately, performance measurement is a metaphor for tracking any metric in the course of the supply chain , but it's key to being effective is found in transferring the insights gleaned from big data into actionable results. Increasing order efficiency. Demand forecasts.

Supply Chain Design Software 115

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

Material Handling and Logistics

MAY 22, 2018

Instead of trying to cut costs silo by silo, these companies take an integrated view of operations (product design, procurement, manufacturing, supply chain management). Of course, some design issues are strategic and take longer to implement, but many offer quick efficiency improvements. Procurement: Buy Better, Spend Better.

Supply Chain Design Software 60

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 60

Logistics Bureau

DECEMBER 20, 2021

Inventory Turns: An Illustrative Example. Here’s an example of the total calculation of inventory turns: Company A has COGS of $315 million for the year 2020. So to return to Company A in the previous example, the calculation would be as follows: 365/6.76 = 53.99. Total value of inventory = $50,000,000.

Inventory Reduction 98

Inventory Reduction Inventory Cost Reduction Purchasing Skills 98

GlobalTranz

NOVEMBER 16, 2016

For example, supply procurement, manufacturing processes and warehousing information should be the first considerations. Automated notifications via TMS or other connected platforms when an error occurs can also help to reduce inconsistencies or errors throughout the course of work. Bluetooth-connected sensors.

Resource Reduction 91

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

Logistics Viewpoints

JANUARY 25, 2024

Some try delving into deep learning or a crash course in generative AI (GenAI), but I don’t recommend starting there. Workers from picking and packing to planning and procurement are in short supply, stimulating interest in increasing productivity of the existing workforce. Because it doesn’t understand, we need humans at the helm.

Supply Chain Planning Software 122

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 122

GlobalTranz

APRIL 30, 2015

” In the process of business procurement and especially in the supply chain, supplier risk management is a skill set that needs focus day in and day out. Top carriers will have dedicated classroom space, a well thought-out training course, and experienced instructors.

Buyer Training 93

Buyer Training Training Security Logistics Network Optimization Software 93

Logistics Bureau

JANUARY 23, 2017

Of course that will take some time, but it’s likely that 2017 will only see autonomous vehicle development strengthen as a progressive logistics trend. For example, when you book accommodation on AirBnB, do you think of yourself as: a) Making a purchase from a travel-oriented service provider?

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 94

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. 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.

Supply Chain Planning Software 113

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 113

GlobalTranz

NOVEMBER 10, 2016

For example, single-item orders should only have one touch point, but multi-item orders for a store should have at least two touch points. All existing warehouse, procurement and logistics systems should operate within the same omniscient system. However, large orders of the same item should also have minimal touch points.

Warehousing 102

Warehousing eCommerce Resource Reduction Cost Reduction 102

GlobalTranz

JANUARY 17, 2017

Of course, reports Predictive Analytics Times , analytics also possess potential to change how companies obtain the raw materials for their products. For example, the aeronautics’ giant, Lockheed Martin, has embraced augmented reality during the manufacturing and repair processes, explains Industry Week. billion by 2021.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

Freightos

MARCH 5, 2017

Long workflows, extensive decision making structures and long-term relationships play an important role in how businesses procure. Other companies, like Uber, Amazon and, of course, Alibaba, are increasing their B2B foothold. One of the best examples of how technology can change an industry is US trucking.

Digital 76

Digital Logistics Network Optimization Software Negotiating Skills Price Reduction 76

Logistics Viewpoints

JUNE 20, 2022

China, for example, only produces 14% of their total units, only 3% of those units end up being exported to the United States and 2% to EMEA. Much of the world’s fabric is produced in Asia, for example. That of course, works to VF’s advantage as well. COVID adversely affected many multinationals.

Supply Chain Planning Software 109

Supply Chain Planning Software Supply Chain Software Manufacturing Procurement Supply Chains 109

Logistics Viewpoints

JULY 14, 2021

The complete process would include procurement, creation of a route guide, planning and optimization, electronic communication with carriers, visibility and exception management, freight audit, and performance management. For example, in the US, May 2020 alone eclipsed the entire 2019 holiday shopping season and $82.5

Optimization Software 109

Optimization Software Supply Chain Planning Software Supply Chain Design Software Modeling Software 109

Logistics Viewpoints

APRIL 7, 2022

As an example, a major retailer whose market presence is in the Americas realized that several of their shipments that originate in China pass through Russia to make their way to the west and are now subject to shipment backlogs. You will need to engage your procurement, sourcing, and finance teams as part of such an effort.

Supply Chain Design Software 128

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 128

Talking Logistics

SEPTEMBER 20, 2017

For example, this year, Chinese New Year occurred later in the season than usual, so we started planning with customers in mid-January, not mid-December, as we do in some years. Robinson offices, procurement teams, and customers. This is a week-long celebration in China. That doesn’t mean they don’t require some forethought.

Scenario Planning 92

Scenario Planning Freight How To Negotiating Skills 92

Logistics Viewpoints

MARCH 21, 2021

The skills enhancement program, dubbed Strategic Capabilities Planning, will include a mix of internally supply chain programs, systems education and external APICS courses – APICS is now part of the Association for Supply Chain Management.

Supply Chain Planning Software 127

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 127

Parade

MARCH 3, 2021

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. This is both limited and costly: It could involve a procurement company, which a freight broker or 3PL may actually compete with.

Supply Chain Software 78

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 78

Parade

MARCH 3, 2021

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. This is both limited and costly: It could involve a procurement company, which a freight broker or 3PL may actually compete with.

Supply Chain Software 78

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 78