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. Getting the Right Tools for the Job.

Inventory Reduction 72

Inventory Reduction Inventory Supply Chain Planning Software Logistics Network Optimization Software 72

GlobalTranz

JANUARY 21, 2015

Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. Vendor Managed Inventory Model for Supply Chain Cost Reductions. The distributor maintains the inventory plan. What is Reverse Marketing?

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

The Logistics of Logistics

MAY 27, 2019

It’s never been easier to develop software and technology than it is right now because there are so many tools and platforms. Of course, there is the migration from retail to ecommerce. [17:29] The tools used to find out where people are clicking on a website or on an app have gotten a lot better. [19:57]

Supply Chain Planning Software 186

Supply Chain Planning Software 3PL Supply Chain Software Logistics Network Optimization Software 186

Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post was written in collaboration with , OpenEnvoy , a leading automated invoice reconciliation tool. Digitize Invoicing to Eliminate Errors and Guard Cash Flow.

Supply Chain Software 148

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

Ship Monk

APRIL 30, 2024

Regardless of the size of your ecommerce brand, it doesn’t hurt to periodically reevaluate if the software tools you’re using are giving you everything you need. Inventory Management There are so many decisions to make when it comes to your ecommerce inventory. Enter this article. How much do I order?

Supply Chain Design Software 105

Supply Chain Design Software Supply Chain Planning Software Optimization Software Modeling Software 105

Ship Monk

MAY 25, 2023

What do we mean by distributed inventory? Well, if you’re familiar with Amazon’s practice of adding warehouses all over the country, then you’re familiar with the concept of distributed inventory. Splitting inventory across multiple warehouses used to be something that only huge retailers like Amazon could afford.

Inventory Reduction 52

Inventory Reduction Inventory eCommerce Distribution 52

Logistics Viewpoints

FEBRUARY 2, 2023

The answer, of course, is yes. This article explores two such ways modern digital tools can elevate the performance of 3PLs on the way to creating stickier customers. He has led multiple implementations, guiding teams with his strong operational and inventory management skills, and deep knowledge of WMS.

Supply Chain Planning Software 108

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Negotiating Skills 108

Logistics at MPEPS at UPV

MARCH 31, 2019

“Managers tend to overcomplicate the process and the tools, but most of the time the real benefits lay on simplifying the process and getting accurate data about the stock.”. Following an interesting course about Inventory Management, we received this phrase in a conclusion e-mail, that made me think.

Inventory Reduction 40

Inventory Reduction Inventory Optimization Software Course 40

GlobalTranz

JUNE 1, 2015

“5S” programs are taught in some business college courses, and the SCOR model is also utilized. A company in need of lean manufacturing practices tends to be easy to identify, typically displaying multiple of the following symptoms of operational deficiency: Inventory amasses in buffer stocks. Lead times are too long.

Manufacturing Procurement 133

Manufacturing Procurement Inventory Reduction Waste Reduction Cost Reduction 133

Log-hub

DECEMBER 10, 2024

Seasonal Products Unsold inventory is returned from retailers after a season ends. Furthermore, the process involves sorting, inspecting, and determining the best course of action for each item, which demands significant time and effort. Overcoming these requires strategic planning and the right tools. Why Does it Matter?

Reverse logistics 40

Reverse logistics Supply Chain Planning Software Waste Reduction Logistics Network Optimization Software 40

Logistics Viewpoints

AUGUST 17, 2022

Of course, we subsequently share interesting insights in Logistics Viewpoints articles. As an analogy, DHL has established parameters that enable these technologies to be used like “a tool in a toolbox.” In 2018, DHL Supply Chain announced its plans to deploy emerging technologies in 350 of its North American facilities.

Supply Chain Planning Software 134

Supply Chain Planning Software Supply Chain Software Digital Scenario Planning 134

IoT World Today

MAY 21, 2020

Supply chain recovery hinges on incorporating robust data analytics and other data-driven tools into business operations to increase efficiency, reduce costs and proactively manage risk. Supply chains will survive COVID-19, of course, but not without interim pain and structural change. No one wants to hold inventory.

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 145

Ship Monk

MARCH 5, 2024

In short, they come down to: optimizing your internal operation, strategically splitting your inventory, and utilizing efficient, and cost-effective global tactics. On a daily basis, brands need to have control and transparency over their order, inventory, warehouse, and shipping management. And so on and so on. In some cases, it is!

eCommerce 105

eCommerce Supply Chain Design Software Supply Chain Planning Software Optimization Software 105

Ship Monk

FEBRUARY 9, 2024

Accurate data forecasting requires accurate data, robust data analysis tools, and people who understand how to use them. Of course, the more data you need and the more sophisticated your methods are, the more expensive demand forecasting becomes.

eCommerce 105

eCommerce Operations Inventory Reduction Modeling Software 105

Log-hub

JANUARY 8, 2025

These tools can transform your supply chain, helping you predict inventory needs, automate repetitive tasks, and optimize delivery routes. AI-driven tools are helping businesses minimize errors and make faster, smarter decisions. Use data analytics tools to track costs across your supply chain. Why it matters?

Optimal Sourcing 40

Optimal Sourcing Waste Reduction Inventory Reduction Resource Reduction 40

Logistics Bureau

OCTOBER 9, 2023

Inventory levels: Current or expected inventory levels at various locations. Inventory turnover: Inventory turns for each SKU. Variable costs: Relating to transportation, labour, and inventory management. Supplier locations: Geographic locations of your suppliers and their lead times.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Design Distribution Networks 98

Ship Monk

OCTOBER 17, 2022

This includes: Matters of inventory management with advanced 3PL software Delivery speed with warehouse locations that bring products closer to customers Fulfillment: Order processing, picking, and packing Optimal shipping costs and options thanks to established relationships with major shipping carriers. There is a distinction though.

eCommerce 110

eCommerce 3PL Logistics Network Optimization Software Supply Chain Design Software 110

Logistics Viewpoints

JULY 18, 2022

Products, of course, can be picked up at the branches. The company uses a network design tool from Coupa. This is an important analysis tool for maintaining a well-run supply chain. Ferguson does 20 to 30 studies a year using this tool. Across the US, Ferguson has 6.5 Goods are fulfilled to customers in a variety of ways.

Supply Chain Design Software 119

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 119

Morai Logistics

NOVEMBER 11, 2020

As important as forecasting is, it’s agility that’s gained greater attention over the course of this year. Thus, the more data a supply chain has to work with (given the right tools), the more precise it can be with its intelligence. No tool is quite as robust and varied as AI. Agility is More Important Than Ever.

Supply Chain Software 88

Supply Chain Software Supply Chains Trends Logistics Network Optimization Software 88

Logistics Bureau

NOVEMBER 16, 2020

If university study is a little beyond you right now, one of the certification courses might work better for you. These include the following: Certified Purchasing Manager (CPM): The course is designed to recognise those who have acquired an acceptable level of training, skills, work experience, and effectiveness as a Professional Manager.

Supply Chain Planning Software 98

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

Ship Monk

AUGUST 21, 2024

Could ordering more inventory less often, or less inventory more often, save you money? Does splitting your inventory across multiple warehouses make sense for your business? The key, of course, is the type of software or platform you’re using, as that can filter complex, abundant data into digestible resources to your benefit.

Supply Chain Planning Software 59

Supply Chain Planning Software Data Supply Chain Software eCommerce 59

Ship Monk

MARCH 30, 2024

We’re talking the tools, technology, and team members who set you up for success on all fronts. Section 321 Fulfillment Importing inventory from overseas manufacturers can be expensive and stressful. While there are plenty of 3PLs out there that your ecommerce brand could consider for its order fulfillment needs, not all are equal.

3PL 105

3PL Supply Chain Design Software Optimization Software Supply Chain Software 105

Logistics Bureau

APRIL 12, 2021

Maybe it’s because the tools are out there to do it now, but I’d like to highlight other approaches that are less time-consuming and resource-hungry. We did it all on spreadsheets in the early days because there were no specialist tools around. Now there are great tools, such as Supply Chain Guru and others. Specialist Tools.

Supply Chain Design Software 85

Supply Chain Design Software Supply Chain Design Distribution Networks 85

Logistics Viewpoints

MAY 19, 2022

And if the tools don’t allow flexibility for the planner using them, the resulting rigidity can limit their utility and planners resort to manual estimates. Scenarios allow planners to ask all kinds of what-if questions to help determine the best course of action under a variety of future outcomes. Now that’s an ROI!

Optimal Sourcing 119

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 119

Kanban Logistics

AUGUST 13, 2020

The way it works is simple: the 3PL procures the materials, stores them, manages the inventory, and invoices you only for the parts you need, when you need them. Reduce your inventory and speed up the cash cycle. This assembly can take up a lot of time (as well as inventory space and manpower). Vendor-managed inventory (VMI).

Manufacturing Procurement 98

Manufacturing Procurement Inbound 3PL Material Savings 98

Stord

JANUARY 11, 2022

More partners require significant overhead and capital to maintain." - Sarang Damle, Group Product Manager, Orders & Inventory Data and Service Capability Silos "Supply chains are too often built in and operate from silos.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Optimization Software Optimal Sourcing 78

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. Supply/Inventory Management Inventory management problems and supplier relationship issues , too, can creep in over time and eat away at your profit margins. Are Your Profit Margins Declining?

Negotiating Skills 98

Negotiating Skills Purchasing Skills Cost Reduction Analysis 98

Ship Monk

MAY 10, 2024

In many states, there’s a tax on shipping (and of course they’re all calculated differently), in addition to sales tax. Meanwhile, you can track orders and manage inventory from our cloud-based, industry-leading 3PL software platform. If your package is extra heavy, oversized, or requires extra handling, there’s a surcharge for that.

Negotiating Skills 105

Negotiating Skills eCommerce Cost Reduction How To 105

Ship Monk

APRIL 5, 2024

Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. Taking a collaborative approach with suppliers can help your business innovate, find better products and solutions, reduce inventory costs, and work around future problems. We’re here to help!

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 105

Logistics Bureau

OCTOBER 20, 2021

In many cases, your distribution operation will incur unwanted costs to manage returns of damaged items and deliver replacements to the customers (not to mention the cost of writing off damaged inventory). Inventory Days of Supply. How to Calculate Inventory Days of Supply. Average sales in a month: 600. The Par Level System.

Supply Chain Design Software 98

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

Logistics Bureau

NOVEMBER 12, 2024

Another key factor in warehouse-design planning is the quantity of inventory you intend to hold, either in an existing or new facility. Of course this stage of planning can become pretty complex, and it will often pay to seek advice from equipment suppliers or even engage a consulting firm to help you develop your storage strategy.

Modeling Software 72

Modeling Software Supply Chain Design Software Supply Chain Planning Software Optimization Software 72

GlobalTranz

SEPTEMBER 7, 2018

Major E-Commerce Entities Are Working to Drive Down Delivery to Less Than Two Hours E-commerce entities are not without a set of tools to achieve two-hour delivery. Gain real-time visibility into inventory, moving to a just-in-time inventory management strategy. GET YOUR COPY HERE. Download White Paper.

Inventory Reduction 71

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

Ship Monk

FEBRUARY 3, 2024

We’d go so far as to say that these loyal fans are your most precious business asset — more valuable, even, than your inventory — and that’s saying something, coming from a 3PL that stores inventory! Email vs. Other Forms of Communication For many years, email has been the gold standard of communication tools for DTC businesses.

eCommerce 105

eCommerce Tips Procurement Solutions Logistics Network Optimization Software 105

Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post was written in collaboration with , OpenEnvoy , a leading automated invoice reconciliation tool. Digitize Invoicing to Eliminate Errors and Guard Cash Flow.

Supply Chain Software 78

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

Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post was written in collaboration with , OpenEnvoy , a leading automated invoice reconciliation tool. Digitize Invoicing to Eliminate Errors and Guard Cash Flow.

Supply Chain Software 78

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

GlobalTranz

JULY 14, 2015

However, over the course of several months, this slight change in pressure could cause permanent damage to the machine, or it may cause additional problems for other aspects of the manufacturing process. Cantaloupe System uses the IoT to help monitor the temperatures of their vending machines, detect thieves, and monitor inventory.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

FreightWaves SONAR

MARCH 4, 2021

Consider the value of system visibility and resource use made by Supply & Demand Chain Executive, “It’s an intelligence tool. Regardless, the right use of freight calculators to quote, compare, plan and decide on the best course of action is the sure-fire way to keep your business moving forward.

Supply Chain Planning Software 130

Supply Chain Planning Software Freight Optimization Software Resource Reduction 130