Bringg

AUGUST 5, 2020

This post looks at how click & collect works, why demand for it is trending now, and what retailers can do to ensure click & collect experiences that are also good for their business. While interest in click & collect is not new, 2020 saw a massive spike in demand and turned it into one of the hottest retail trends.

Trends 118

Trends Modeling Software Optimization Software Optimization Modeling 118

Logistics Bureau

JANUARY 3, 2018

It’s that time when idle chatter at the office Christmas lunch turns to debating what next year will bring, especially among logistics and supply chain professionals, for whom it seems every New Year brings new challenges, trends, and disruptive innovations. The 7 Trends for Supply Chain Pros to Watch in 2018.

Supply Chain Design Software 87

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Logistics Bureau

OCTOBER 1, 2018

Call it a cop-out if you like, but predicting which logistics and supply chain trends will make a difference to businesses in any given year has become notoriously difficult, given the speed at which technology in particular, can suddenly disrupt the way things are done. 2018 Update: How Did the Trends Progress?

Supply Chain Planning Software 90

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 90

3PL Links

SEPTEMBER 26, 2016

Before you get into a cost-cutting frame of mind, however, you need to understand where to focus because making the right cuts in the right areas will ultimately lead to the greatest returns. What follows is a rundown of the 10 best ways to reduce supply chain costs — and to increase your profits. JIT Inventory Management.

Cost Reduction 63

Cost Reduction Inventory Reduction Expense Reduction Supply Chain Software 63

SYSPRO Smarter ERP

APRIL 25, 2022

In 1984, a university student with limited space and inventory started assembling computers in his university dorm room. One of the key factors for ATO is how accurately the manufacturer forecasts orders for products, based on historical data, macroeconomic trends, and the overall condition of the market. Challenges of ATO.

Ordering 111

Ordering Inventory Reduction Material Savings Modeling Software 111

GlobalTranz

MAY 4, 2018

The wrong retail inventory management strategy increases carrying costs and makes it impossible to stay competitive. The Problem: Omnichannel Retail Carries an Extreme Level of Interdependence Between Systems and Processes As explained by Entrepreneurer.com , the fastest-moving products account for only 20% of inventory.

Inventory Reduction 65

Inventory Reduction Supply Chain Design Software Tips Inventory 65

Ship Monk

FEBRUARY 9, 2024

The process usually includes analyzing historical data for seasonal trends and product performance, as well as gathering current data on competitors, marketplace trends, future marketing plans and promotions. Creating graphs and pie charts out of your numerical data can make it easier to spot trends and gain insights.

eCommerce 105

eCommerce Operations Inventory Reduction Modeling Software 105

Talking Logistics

OCTOBER 15, 2018

The Importance of Inventory Management. When it comes to inventory management, new trends are demonstrating that less is more. Having less inventory on-hand increases liquidation, allowing for a more agile response to shifting consumer trends. This is never more necessary than when preparing for the holiday season.

Inventory Reduction 71

Inventory Reduction Inventory Supply Chain Planning Software Logistics Network Optimization Software 71

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

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

IoT World Today

AUGUST 26, 2019

Of course, the Internet of Things and the broader field of artificial intelligence have a host of potential supply chain applications. . Despite many attempts from a variety of organizations to apply various technologies to cut down on food waste, the problem persists. In all, 46% of total produce is lost each year, according to BCG.

Waste Reduction 107

Waste Reduction Waste Logistics Network Optimization Software Modeling Software 107

EazyStock

DECEMBER 17, 2019

Intro to 2020 Supply Chain Management Trends. Throughout the last decade, the main trends were digitization and globalization. 2020 supply chain management trends will further these shifts. 2020 supply chain management trends will further these shifts. Greening” the Supply Chain. Cloud-based Technology.

Supply Chain Software 81

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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.” Getting merchandisers to enter the attributes has not worked well. Final Thoughts.

Supply Chain Planning Software 182

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

Logistics Viewpoints

JANUARY 3, 2023

This article is written by Atakan Kantar & Doğa Kurt from Solvoyo, and examines the ongoing trend CPG companies going direct-to-consumer (D2C). The trend of CPG companies going direct-to-consumer (D2C) is on the rise. D2C, supported by targeted promotions, enables stronger brand loyalty. To read the full article, click HERE.

Optimization Modeling 139

Optimization Modeling Scenario Planning Inventory Reduction Price Reduction 139

The Logistics of Logistics

MAY 27, 2019

12:30] Tell us about some of the trends you think are going to impact the industry over the next five years. Of course, there is the migration from retail to ecommerce. [17:29] 19:57] One trend I’ve seen over the past ten years is that the shippers didn’t necessarily have to pick a 3PL based on technology and investment.

Supply Chain Planning Software 186

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Logistics Business Magazine

NOVEMBER 13, 2024

For business leaders, understanding these emerging trends is crucial to navigating the complexities of the modern supply chain and maintaining a competitive edge.” This will involve diversifying supplier bases, increasing inventory buffers, and leveraging digital twins to simulate and prepare for various scenarios.

Inventory Reduction 49

Inventory Reduction Waste Reduction Sourcing Strategies Cost Reduction 49

Morai Logistics

NOVEMBER 11, 2020

After a year dominated by a pandemic, many of the anticipated trends heading into 2020 have been reconsidered—here are 6 to be mindful of going forward. This article by Morai Logistics presents 6 of the most prominent trends in supply chain today. Agility is More Important Than Ever. Omnichannel is the new Standard.

Supply Chain Software 88

Supply Chain Software Supply Chains Trends Logistics Network Optimization Software 88

Logistics Viewpoints

JUNE 20, 2022

Achieving agility with a strategy to sell goods in the same region they are produced in, “has never been more important,” Mr. Bailey exclaimed. This is not a new strategy for VF, they have been working toward this for 4 years. There will be one view of inventory across the entire distributed network.”. Conclusion.

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Software Manufacturing Procurement Supply Chains 145

GlobalTranz

FEBRUARY 23, 2018

Omnichannel, as a word and strategy in retail, is shifting. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Of Course Not…However, the Focus Is Now on Customer Experience in Omnichannel appeared first on Transportation Management Company | Cerasis. Download white paper. Not exactly.

Course 65

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Freightos

JUNE 6, 2023

Listen to the full podcast interview here ) Source: Fort Of course, this stark reality was faced by many small and medium-sized businesses (SMBs) during the peak of the pandemic. Businesses quickly began to notice a different beast: a significant decrease in consumer demand compounded by looming inventory excesses.

Manufacturing Procurement 131

Manufacturing Procurement Optimal Sourcing Inventory Reduction eCommerce 131

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

JANUARY 8, 2019

3 Supply Chain Trends to Track in 2019. However, this year hasn’t quite closed out yet (at the time of writing), so in the true spirit of just-in-time delivery, here’s a quick appraisal of three current trends that I believe will come on stronger, and perhaps become some of the most important to supply chain operators in 2019.

Supply Chain Design Software 67

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GlobalTranz

SEPTEMBER 7, 2018

WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Optimizing these processes and eliminating added costs and delays can effectively help companies move toward the two-hour delivery window, explains Adam Robinson of Cerasis. GET YOUR COPY HERE. Download White Paper.

Inventory Reduction 71

Inventory Reduction Supply Chain Planning Software Cost Reduction Supply Chain Software 71

EazyStock

JUNE 25, 2018

Inventory management. Automated inventory management is nothing new to huge, enterprise-sized companies. However, small- and mid-sized businesses have only recently been investing in this new automation for their inventory management – and many SMBs are still hesitant about investing in this new technology. The most surprising?

Supply Chain Software 66

Supply Chain Software Supply Chain Planning Software Inventory Reduction Inventory 66

Logistics Bureau

OCTOBER 28, 2020

Paper-based processes should be eliminated, as business software applications are affordable and get things done much more efficiently. Single sourcing is a supply chain trend which can easily lead to mistakes for small and medium-sized businesses, especially if it’s chosen as a strategy without regard to the potential risks.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 89

3PL Links

FEBRUARY 19, 2024

Image source: Flickr | Navigating Trends and Projections in Logistics for 2024 The logistics industry is always changing due to fluctuations in the market, technology advancements, and the never-ending quest for efficiency.

Sourcing Strategies 48

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GlobalTranz

JULY 8, 2015

And at the end, check out a nice infographic speaking more to reverse logistics strategies and practices. Throughout the course of business, there will be a series of recurring updates for equipment, software, and materials. In many cases, the rationale behind this response remains in-house RLS (Reverse Logistics Strategy).

Reverse logistics 110

Reverse logistics Material Savings Cost Reduction Logistics Network Optimization Software 110

GlobalTranz

JULY 14, 2015

In some cases, human intervention and input will be completely eliminated. Take a look at how the IoT supply chain is changing the landscape in terms of equipment functionality, shipping processes, invoicing and payments, and analysis of trends. Analysis of Trends and Recommendations. IoT and Machine Functionality.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

Logistics Viewpoints

NOVEMBER 10, 2022

Leveraging the same processes to replenish inventory means that items can quickly be returned to the correct location and be readily available for resale – significantly reducing the dollars lost from items being placed in the wrong location. Shining The Light On The Forgotten Worker.

Supply Chain Software 135

Supply Chain Software Logistics Network Optimization Software Inventory Reduction Resource Reduction 135

FreightWaves SONAR

NOVEMBER 19, 2020

All of these and many other challenging factors have resulted in an ever-extending supply chain footprint, one holding onto inventory 8% longer than it did 30 years ago.” Of course, no disruption comes close to those that have been experienced to date in 2020. And the past data trends are obsolete and rapidly becoming more so.

Supply Chain Software 105

Supply Chain Software Supply Chains Scenario Planning Sourcing Strategies 105

Morai Logistics

MARCH 10, 2021

Yet, much of what the pandemic has spurred on isn’t a shift in supply chain trends but rather an acceleration of them. This, of course, has implications all the way through supply chains. This is because they foster even greater productivity and, with concerns regarding the spread of COVID, they reduce human involvement.

Supply Chain Software 78

Supply Chain Software Supply Chains Inventory Reduction Modeling Software 78

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 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. 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.

Supply Chain Planning Software 162

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 162

Morai Logistics

DECEMBER 5, 2019

This article by Morai Logistics highlights 5 of the most prominent supply chain trends to be mindful of in 2020. Furthermore, having a more sustainable supply chain means reducing inefficiencies, further reducing costs. Furthermore, having a more sustainable supply chain means reducing inefficiencies, further reducing costs.

Supply Chain Design Software 60

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 60

Ship Monk

JULY 14, 2021

Then, with a concrete strategy by your side, fine-tuning the details becomes a whole lot easier. If your focus lies in crafting advantageous, symbiotic relationships and creating actionable components, B2B will likely be your preferred strategy. The seller doesn’t actually own any of the inventory – the manufacturer does!

eCommerce 98

eCommerce Modeling Inventory Reduction Cost Reduction 98

Logistics Bureau

NOVEMBER 26, 2024

The outsourcing of Logistics services continues to be a growing trend, and can encompass a very broad range of services. Where the existing in-house operation is very inefficient, inappropriately resourced or could gain significantly from being incorporated into a larger operation, then of course savings may be possible.

3PL 105

3PL Negotiating Skills Outsourcing Price Reduction 105

Logistics Viewpoints

MAY 11, 2021

As semesters unfolded, students saw course syllabi come to life in news headlines. Students want to know that your company understands the trends and challenges that were already reshaping supply chains and has a vision for how to address them. has proclaimed, “ the new supply chain is sexy.” Do you know where you are going?

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Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 173