Logistics Viewpoints

FEBRUARY 2, 2023

The answer, of course, is yes. Instead of manually entering data at set intervals throughout the month – an after-the-fact exercise prone to errors and omissions – an automated solution captures billable activities correctly in real-time, improving overhead utilization, cost control, and revenue leakage at once.

Supply Chain Planning Software 141

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Negotiating Skills 141

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

Logistics Bureau

DECEMBER 19, 2022

Slotting is all about optimising the placement of warehouse SKUs to gain efficiency , increase productivity , and reduce operational costs. Or a similarly sized reduction in warehouse labour costs ? Therefore, any slotting strategy should focus on minimising such travel. Why Implement Slotting in Your Warehouse?

Production 106

Production Inventory Reduction Cost Reduction Resource Reduction 106

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

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 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

ShipLilly

FEBRUARY 8, 2023

Questions about dealing with excess inventory Given what has happened before, it is not entirely surprising that many retailers are contending with elevated levels of excess inventory. This is a trend that is undesirable since excess inventory tends to have a detrimental effect on cash flow.

Inventory Reduction 52

Inventory Reduction Inventory Handling Price Reduction 52

Logistics Bureau

DECEMBER 6, 2024

This process involves handling returns, which can be due to various reasons, such as damage, defects, seasonal inventory, restock, salvage, recalls, or excess inventory. They may recall inventory from retailers or reprocess it because it has passed its sell-by date or demand is insufficient. Persuade the customer otherwise.

Reverse logistics 62

Reverse logistics Cost Reduction Vendor Strategies Inventory Reduction 62

Logistics Bureau

AUGUST 2, 2021

By shortening supplier lead time, you might find opportunities to reduce safety stock levels and gain other inventory management wins for your organisation. It’s critical to understand these costs and their composition because by reducing them, you increase the profitability of your organisation.

Procurement Analytics 118

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 118

Logistics Bureau

MARCH 3, 2019

Of course, it would be possible to write an entire book on this particular subject, so for the sake of keeping this article relatively brief, I’ll stick to a short explanation of crucial factors to consider when planning a warehouse network (even if it is a network of one). What levels of inventory availability do you require?

Supply Chain Design Software 108

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Scenario Planning 108

GlobalTranz

OCTOBER 30, 2015

A huge part of effective strategy in any business function is planning. Twelve months can seem like a long time when you consider everything that happened over the course of the last 365 days. Rather concerns over truck capacity constraints earlier this year pushed manufacturers and retailers to build up higher than normal inventories.

Supply Chain Planning Software 92

Supply Chain Planning Software Scenario Planning Supply Chain Design Software Supply Chain Design 92

Logistics Bureau

OCTOBER 4, 2024

Horizontal integration has become the go-to value chain strategy over the last two or three decades, to the point where companies that insisted upon remaining vertical became the outliers in a global field of distributed organisations. For Starbucks, vertical integration is a risk mitigation strategy.

Supply Chain Planning Software 80

Supply Chain Planning Software Supply Chain Software Supply Chains Material Savings 80

Logistics Bureau

DECEMBER 5, 2024

Reduction in Asset Capital Warehouses and vehicles are expensive to purchase or lease it can tie up millions of dollars that could otherwise be invested in a core business. It must be a joint exercise. The biggest mistake of all is to consider logistics outsourcing as a strategy in itself. This is a mistake.

Outsourcing 84

Outsourcing Purchasing Skills Logistics Network Optimization Software Cost Reduction 84

Logistics Bureau

APRIL 19, 2021

If you’ve never done a benchmarking exercise before, read on. It would, of course, be what the winning time was when this race was last run in your district. This exercise would involve you measuring particular functions or aspects of your business and comparing that against other parts of your business. Informal Benchmarking.

Supply Chains 91

Supply Chains Exercises Picking Video 91

Logistics Bureau

MARCH 30, 2020

Once this exercise is completed, your company can then assess the risk from tier-two suppliers onwards. Form a series of joint agreements to monitor lead times and inventory levels. The reasoning behind this, is that the chances of all plants being disrupted at the same time are significantly reduced. 4) Create Redundancy.

Supply Chain Design Software 64

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 64

Logistics Bureau

AUGUST 1, 2022

Often, in our experience, the problem is a human one… It’s not the data, not the process, not the technology, or the strategy, but the people. S&OP is ostensibly a numbers game, of course. Of course, the goal(s) might change over time, such as when existing ones are achieved, but that is fine. Inventory turns.

Supply Chain Planning Software 115

Supply Chain Planning Software Scenario Planning Operations Supply Chain Design Software 115

Logistics Bureau

NOVEMBER 30, 2024

Supply Chain Strategy You might expect that an article section on supply chain strategy would contain some pretty complicated concepts and ideas. If so, prepare to be surprised, because it doesn’t get any more basic than this: Your company must have a documented and commonly understood supply chain strategy. “What?”

Supply Chain Design Software 48

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 48

Logistics Bureau

OCTOBER 1, 2024

Optimizing Inventory Management So what are some of the causes for warehouses getting clogged up like this? Well, a lot of it is related to inventory management. If we look at the right hand layout, which is after going through a slotting exercise, you can see how all of the faster movers are now down towards the dispatch area.

Capacity 77

Capacity How To Sorting Purchasing Skills 77

Logistics Bureau

NOVEMBER 14, 2018

The real value of knowing your Cost to Serve a given customer is to identify opportunities to increase or recover profit, rather than cut losses. In other words, it often makes sense to see how you can transform unprofitable customers into profitable ones, rather than cutting them off. Collecting and Using Cost to Serve Data.

Purchasing Skills 99

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 99

The Logistics Academy

FEBRUARY 13, 2017

Darren Prokop, University of Alaska Anchorage (UAA): As in the academic world in general, there is a trend to online course delivery. On the more traditional side, evaluating where and how to position inventory to serve both online and brick-and-mortar retail customers is a big logistics issue.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 40

Airfreight Logistics

JULY 4, 2019

This includes unloading cargo planes, conducting professional warehousing and inventory management as well as loading the relief goods for onward transportation. DRT will also provide expertise and support for AHA Centre’s courses and exercises related to ASEAN-ERAT (Emergency Response and Assessment Team) and ASEAN Humanitarian Logistics.

Collaboration 28

Collaboration Inventory Reduction Resource Reduction Scenario Planning 28

Logistics Manager

JULY 4, 2019

This includes unloading cargo planes, conducting professional warehousing and inventory management as well as loading the relief goods for onward transportation. DRT will also provide expertise and support for AHA Centre’s courses and exercises related to ASEAN-ERAT (Emergency Response and Assessment Team) and ASEAN Humanitarian Logistics.

Collaboration 28

Collaboration Inventory Reduction Resource Reduction Scenario Planning 28

FLS Transport

JANUARY 4, 2021

Inventory re-stocking is at the top of the list. Retailer’s inventories were decimated last year by a massive change in consumer buying habits. And while retailers were able to modestly re-stock going into peak, data now shows that they lack adequate inventory. Inventory replenishment will continue well into 2021.

Freight 52

Freight Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 52

Infosys Supply Chain Management

NOVEMBER 16, 2012

As was the case last year, the 2012 holiday buying season will be very much about the continued leveraging power of consumers in exercising multi-channel buying preferences and technology-enabled online tools. Not only will this drive more fulfillment cost efficiency, it reinforces the strategy to have consumers back in stores.

Supply Chain Planning Software 24

Supply Chain Planning Software Eliminating Excel in Purchasing Supply Chain Software Supply Chains 24

Conger

JULY 28, 2022

Warehouse safety includes the regulatory guidelines, actions, and best practices that help reduce injuries, provide workers with a safe environment, and reinforce safe behavior. Thus, focusing on warehouse safety helps reduce and prevent these risks as well as the accompanying fallout that goes with them. 15 Warehouse Safety Tips.

Tips 52

Tips Material Savings Training Materials Handling 52

Logistics Viewpoints

APRIL 11, 2024

Planning together allows companies to reduce excess inventory that builds up when they plan sequentially. Asking these what-if questions entails assessing the impact on multiple areas, such as packaging, production, inventory, distribution, and of course customers. “Had

Supply Chain Planning Software 162

Supply Chain Planning Software Supply Chains Scenario Planning Manufacturing Procurement 162

Globalior

MARCH 12, 2020

The move is meant to force traders to exercise greater due diligence in classifying imported products correctly under a more specific description instead of an “Others” description, which is generally regarded as a residual classification category. What should India’s Importers expect? What should companies do in the meantime?

Exercises 52

Exercises Government Cost Reduction Inventory Reduction 52