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? Purchase order and vendor supervision.

Sourcing Strategies 48

Sourcing Strategies Vendor Strategies Inventory Reduction Resource Reduction 48

Logistics Viewpoints

OCTOBER 24, 2024

At one of the demo booths, what stood out was the ability of the procurement solution to track savings leakage over the course of a contract. I have been to other vendors’ procurement conferences and cannot recall seeing similar functionality. However, SAP has a broader suite of collaboration solutions than other vendors.

SAP 145

SAP Procurement Solutions Manufacturing Procurement Procurement Analytics 145

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 109

Cost Reduction Purchasing Skills Waste Reduction Material Savings 109

Logistics Bureau

AUGUST 2, 2021

The price you pay your vendors for their products is a significant factor in your company’s ability to compete in its market. Here, we’re talking about all your vendors. Purchase order cycle time is a KPI that measures the elapsed time between raising a requisition request and the transmission of the purchase order to the vendor.

Procurement Analytics 118

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 118

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? At that point, each SKU will be taken to any convenient storage location in the warehouse.

Inventory Reduction 89

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 89

Ship Monk

APRIL 5, 2024

The process involves collecting quantitative and qualitative data concerning vendor-provided goods and services, and analyzing this data for opportunities to improve (or reasons to end) the relationship. Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn.

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 105

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. Supplier and vendor pricing.

Cost Reduction 117

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 117

AIMMS

SEPTEMBER 28, 2020

Insights from Gartner’s Hype Cycle for Supply Chain Strategy, 2020. Gartner’s Hype Cycle for Supply Chain Strategy, 2020 offers some guidance. In the report, you will find capabilities across five categories: technologies, competencies, frameworks, operating model strategies, and organizational models. Firefighting is the norm.

Supply Chain Design Software 166

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 166

Logistics Bureau

AUGUST 7, 2023

Standardise and Digitise The key to managing complexity, of course, is to be organised. You’re ordering more stock than you need so you can meet vendor minimum order quantities. The ecommerce logistics practitioner must instead integrate reverse logistics into his or her company’s inventory management strategies and processes.

Inventory Reduction 91

Inventory Reduction eCommerce Inventory Procurement Solutions 91

Logistics Viewpoints

FEBRUARY 28, 2022

Supply chain vendors have been touting their investments in artificial intelligence (AI) for the last several years. 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.

Supply Chain Planning Software 180

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 180

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. With the Affordable Care Act, those days are gone.

Supply Chain Software 150

Supply Chain Software Food and Agriculture Logistics Network Optimization Software Inventory Reduction 150

GlobalTranz

FEBRUARY 28, 2018

Freight forwarders will interact with customers online and automate back office procedures to reduce delivery delays and associated costs. For example, Tesla plans to build a fleet of 500 autonomous trucks, says Kirsten Korosec of Fortune. The ELD mandate will dramatically reduce the number of hours truckers can drive.

Vendor Strategies 57

Vendor Strategies Course Trends Cost Reduction 57

GlobalTranz

APRIL 12, 2017

An inbound vendor routing guide is comparable the beating heart of your operation. Creating an effective inbound vendor routing guide is not without its share of challenges. Assess Your Current Inbound Vendor Routing Guide. For example, provide direction for each vendor that comes from a specific area.

Vendor Strategies 48

Vendor Strategies Inbound Cost Reduction Price Reduction 48

Logistics Bureau

OCTOBER 10, 2022

Before we look at the barriers to optimal inventory and the possible ways to eliminate or overcome them, let’s be clear on what inventory optimisation means—because misconceptions do abound. For example, you can optimise for cost, profit, or service, but not for all of them. Inventory Optimisation: A Clarification.

Inventory Reduction 115

Inventory Reduction Inventory Optimization Modeling Optimization Software 115

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 123

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 123

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

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. percent profit margin. Not a magnificent maring. But that is exactly my point.

Operations 156

Operations Cost Reduction Vendor Strategies Price Reduction 156

Logistics Viewpoints

JUNE 10, 2021

Leveraging different models of thinking, representing key metrics using data aggregation, exposing real anomalies, and recommending a course of action based on operating models will make businesses smarter. To fully understand our strategy, it is important to understand the differentiation between autonomous and automated.

Supply Chain Planning Software 108

Supply Chain Planning Software Modeling Software Optimization Software Logistics Network Optimization Software 108

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. And modern, API-first data strategies have vastly improved portability, ensuring data can be easily moved and shared between any cloud and any application. In other words, visibility is an enabler.

Supply Chain Planning Software 121

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 121

Logistics Viewpoints

FEBRUARY 26, 2024

The organization realized that everything they had saved over the last 10 years by contracting with a preferred vendor, they lost in three months when they had to go off contract and find alternative suppliers. Of course it would! Runkle gave a few examples of the varied ways in which they use the solution to improve their operations.

Supply Chain Planning Software 168

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 168

Ship Monk

APRIL 28, 2023

In addition to satisfying conscientious consumer demand, eco-friendly efforts can benefit your ecommerce business by reducing waste within your company and improving operational efficiencies. Translation: these ecommerce businesses have operating standards that minimize or reduce negative impact on the planet.

eCommerce 97

eCommerce Waste Reduction How To Material Savings 97

Material Handling and Logistics

MAY 22, 2018

But some fast movers have begun taking important steps to improve their agility and reduce their exposure to supply risk. Instead of trying to cut costs silo by silo, these companies take an integrated view of operations (product design, procurement, manufacturing, supply chain management). 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

AIMMS

SEPTEMBER 28, 2020

Insights from Gartner’s Hype Cycle for Supply Chain Strategy, 2020. Gartner’s Hype Cycle for Supply Chain Strategy, 2020 offers some guidance. In the report, you will find capabilities across five categories: technologies, competencies, frameworks, operating model strategies, and organizational models. Firefighting is the norm.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 62

Logistics Viewpoints

JUNE 20, 2022

To accomplish this, 10,000 supply chain associates worked with 450 global vendors who operate over 600 factories. 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.

Supply Chain Planning Software 142

Supply Chain Planning Software Supply Chain Software Manufacturing Procurement Supply Chains 142

Stord

MAY 15, 2024

For example, parcel carriers normally sort and scan only in the evenings, and with a few exceptions only on weekdays. For example, inefficient processes following pick/pack steps such as improper sorting, labeling, or loading packages onto the incorrect carrier vehicle can significantly delay the movement and scanning of packages.

Sourcing Strategies 78

Sourcing Strategies Logistics Network Optimization Software Supply Chain Design Software Packaging 78

Blue Grace Logistics

JULY 21, 2020

It’s about understanding why key stakeholders which should include, vendors, purchasing, customer service, sales, are making the decisions that they do and how those decisions affect your supply chain. For example, technology helps to maximize efficiency and, in turn, increase profitability. Enhanced control over shipment scheduling.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Cost Reduction Supply Chain Software 62

Globalior

MARCH 29, 2021

Many Global Trade Compliance professionals complain that there are insufficient certifications and courses available that are relevant to the industry. A unifying standard and certification will go a long way towards reducing barriers that prevent compliance professionals from switching between industries. Transport vendor management.

Compliance 52

Compliance Training Course Vendor Strategies 52

Talking Logistics

JANUARY 3, 2018

What also separates the leaders from the laggards is their use of online auction marketplaces, business intelligence and analytics, and lotting strategy to improve their liquidation process and effectiveness. Of course, one company’s problem is another’s opportunity. Post a comment and share your perspective!

Production 62

Production Vendor Strategies Supply Chain Software Logistics Network Optimization Software 62

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. Kenco is a great example.

Supply Chain Software 67

Supply Chain Software Logistics Network Optimization Software Supply Chains Vendor Strategies 67

Logistics Business Magazine

SEPTEMBER 4, 2023

In doing so these businesses will avoid disruption and eliminate – or at least delay – the need for additional capital investment. Another possibility is that the profile of the stock is different, for example more larger pallets or fewer small ones, and so on.

Cost Reduction 52

Cost Reduction Capacity Supply Chain Planning Software Supply Chain Design Software 52

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

Logistics Bureau

OCTOBER 1, 2018

However, the real tipping point in the warehouse robotics trend will arrive when technology vendors master the art of true robotic picking, where robots are able to pick orders from conventional racking. Capable of picking up to 400 orders in an hour , the robots are already in operation with one French online retailer.

Supply Chain Planning Software 88

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

GlobalTranz

MAY 28, 2015

These are but extensions of the idea to maximize omni- channel strategies by putting the customer at the heart of the supply chain. . 5 Strategies to Personalize Your Web Experience to Put the Customer Focus at the Heart of the Omni-Channel Supply Chain. Services Personalization. Personalized E-Mail Campaign.

Supply Chain Software 93

Supply Chain Software Vendor Strategies Supply Chains Waste Reduction 93

Logistics Bureau

SEPTEMBER 28, 2020

The key difference between the two can perhaps be explained in the following example: A 3PL provider working with a paint manufacturer may package and store products as well as transport them to retailers and/or customers. The best example of a 4PL model is Amazon.com. Amazon: A Hard 4PL Act to Follow. Some Australian 4PL Models.

4PL 116

4PL Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software 116

AIMMS

JULY 15, 2019

While I’d be first to concede that there are some incredible S&OP tools out there (I particularly admire Kinaxis and OM Partners), it’s incredible that we can play on the same pitch with these large COTS vendors so quickly. Analytics will play an increasingly important role in S&OP . A focus on Digital Twins .

Supply Chain Planning Software 107

Supply Chain Planning Software Scenario Planning Modeling Software Gartner 107

Talking Logistics

DECEMBER 13, 2018

This is usually a three to six month process and may be part of a larger corporate strategy or transformation process that it has to plug into. Once you have agreement on objectives, the next step is to match those objectives with prospective vendors. How well do the vendors communicate with you? The TMS selection process.

Supply Chain Planning Software 60

Supply Chain Planning Software Logistics Network Optimization Software How To Vendor Strategies 60

GlobalTranz

JUNE 15, 2017

Sugar-coated reports, part-truth about certain capabilities or consolidation of vendors to bypass regulations may integrate with the company’s culture. With an application of statistical methods, the causes of errors are reduced or are eliminated. Spheres like logistics involve numerous stakeholders and many-sided activities.

Buyer Training 84

Buyer Training Logistics Network Optimization Software Vendor Strategies Supply Chain Software 84