article thumbnail

6 Critical Success Factors in Distribution Network Design

Logistics Bureau

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.

article thumbnail

Körber Elevate 2024: Chart Your Course

Logistics Viewpoints

The theme this year was “Chart Your Course” which Richard Stewart, EVP Americas at Körber Supply Chain pointed out, is all about overcoming supply chain complexities and challenges. Allowing customers to self-service issues reduces the time and resources needed to resolve problems. Self-service is geared around problem resolution.

Course 113
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

3PL Contracts – The Options

Logistics Bureau

Whilst reducing cost, is generally a major objective in outsourcing, it may often not be achieved, as simplistically, it may not be possible for the LSP to carry out the same operation as the customer currently conducts in house, at a reduced cost, whilst also making a profit margin.

3PL 98
article thumbnail

Key Takeaways from SAP Spend Connect Live

Logistics Viewpoints

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. The transactions are captured in the platform, eliminating “he said, she said” type arguments. However, those savings can leak away in several different ways.

SAP 110
article thumbnail

This Week in Logistics News (January 27 – February 2)

Logistics Viewpoints

The jobs reduction will save $1 billion this year, Tomé said on an earnings conference call with analysts on Tuesday. UPS is seeking alternative strategies for its truck brokerage business, which has seen sales plummet amid a freight recession marked by declining rates and over capacity. per cent in fourth-quarter delivery volumes.

article thumbnail

Getting Started with AI in Supply Chain

Logistics Viewpoints

Some try delving into deep learning or a crash course in generative AI (GenAI), but I don’t recommend starting there. Instead start with the foundation of your AI strategy, which should be an understanding of your company’s supply chain and your data. Getting started with AI in supply chain might not start where you think.

article thumbnail

The Advantage of Speed: The Cooper Health Supply Chain Relies Upon Real-time Risk Alerts

Logistics Viewpoints

Of course it would! If they were dependent, did they have East Coast distribution centers where they could preplace inventory before the strike occurred. Conversely, if the Index is showing increased stability, that is a good time to reduce inventory levels that creeped up because of the need to carry just-in-case inventory.