Ship Monk

MAY 5, 2022

Today, we’re going where the rubber meets the road: the actual migration. There are a few different ways to go about the big move, so it’s a matter of choosing the strategy that keeps your sales and fulfillment operations flowing smoothly throughout the transition. Strategy 2: Sending Inventory to Cover a Transition Period.

Inventory Reduction 52

Inventory Reduction Vendor Strategies Cost Reduction 3PL 52

Logistics Bureau

MAY 22, 2016

The ability to reduce inventory levels is only one of a number of reasons to target cycle times as a way to reduce your working capital needs. The key cycles to target for working capital reduction include: The customer order cycle time. Areas in Which to Target Cycle Time Reductions. Supplier lead times.

Material Savings 53

Material Savings Vendor Strategies Inventory Reduction Cost Reduction 53

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 111

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 111

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 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

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

GlobalTranz

JULY 6, 2017

But, according to third-party logistics ( 3PLs ) provider, Cerasis , effective, successful distribution management should take advantage of technological advancements and encourage innovation to meet demands of e-commerce and omnichannel sales. Additionally, robotics can help reduce the workload on employees.

Optimization Software 69

Optimization Software Vendor Strategies Tips Distribution 69

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. Again, these are changes that can add to your cost-to-serve, and, during your transition, you might not have had time to look for ways to reduce expenditure. Rework – due to errors.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

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. Regular meetings or reports?

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 105

Logistics Viewpoints

FEBRUARY 28, 2023

Omnichannel is a centralized strategy that enables businesses to coordinate, streamline, simplify and speed up fulfillment of orders that have been placed through different channels (online, retail, etc.). It is making use of inventory that is the easiest/fastest to get to the customer, no matter through which channel the order was placed.

Optimal Sourcing 109

Optimal Sourcing Inventory Reduction Sourcing Strategies Vendor Strategies 109

Logistics Bureau

AUGUST 7, 2023

In this article, we’ll look at some of those challenges and explore potential solutions to help you and your IM team meet the burgeoning demand for fast and accurate order fulfilment. So what can you do to ensure your inventory management meets the challenge of multichannel sales? Book a free consultation.

Inventory Reduction 98

Inventory Reduction eCommerce Inventory Procurement Solutions 98

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 98

Cost Reduction Purchasing Skills Waste Reduction Material Savings 98

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.

Supply Chain Software 93

Supply Chain Software Vendor Strategies Supply Chains Waste Reduction 93

Logistics Bureau

DECEMBER 28, 2024

He suggested that businesses are more likely to prosper if they focus on meeting the needs of customers, instead of selling products. The first thing for any 3PL to do is to understand the nature of its market and the need it meets. Reducing the number of human operators in transport and warehousing is constantly on companies minds.

3PL 74

3PL Trends Supply Chain Design Software Industry 74

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

JANUARY 20, 2025

As youll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, weve discovered that many companies lack a defined and documented supply chain strategy. A company without a supply chain strategy is at a competitive disadvantage.

Inventory Reduction 40

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 40

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. An example of an unexpected occurrence would be a critical piece of machinery breaking down.

Supply Chain Planning Software 141

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 141

GlobalTranz

SEPTEMBER 1, 2017

As a result, warehouse managers must implement waveless picking strategies, such as order streaming, to gain control over inventory flow and push warehouse efficiency forward. Implement Vendor Compliance Programs. Audits are crucial to reducing warehouse problems and improving inventory flow as well.

Inventory Reduction 89

Inventory Reduction Inventory Efficiency Vendor Strategies 89

GlobalTranz

SEPTEMBER 19, 2018

Its global nature makes conventional shipping strategies inefficient and utterly unworkable. The warehouse management system (WMS), e-commerce platform, vendor systems and more may already be integrated. So, integration should focus on how each area can be improved to meet these fundamental needs.

Supply Chain Planning Software 76

Supply Chain Planning Software Vendor Strategies Inventory Reduction Scenario Planning 76

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. At this point, perhaps you’re wondering if we’re suggesting you reduce your service levels to lower the amount of inventory you hold.

Inventory Reduction 105

Inventory Reduction Inventory Optimization Modeling Optimization Software 105

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? Book Now Let’s talk about your warehouse layout! Book your free consultation.

Inventory Reduction 75

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 75

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 95

Supply Chain Planning Software Modeling Software Optimization Software Logistics Network Optimization Software 95

Logistics Bureau

NOVEMBER 12, 2024

It’s also important to document any constraints that will impact your plans to meet those objectives. 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

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

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. And it’s no secret that technology is fueling that speed.

Supply Chain Software 72

Supply Chain Software Logistics Network Optimization Software Supply Chains Vendor Strategies 72

Logistics Bureau

OCTOBER 23, 2016

This article provides an inside look at today’s fresh supply chains around the world, and at how smart producers and retailers meet cool-chain challenges , especially as those chains increasingly span global distances and competitive markets expand. This is nothing new of course. Things You Need For Fresh Supply Chain Success.

Supply Chain Design Software 71

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 71

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 Bureau

JANUARY 2, 2025

I also had to ensure that I planned each route in such a way as to make it possible for the delivery crews to meet the customers delivery time windows. The actual delivery method, of course, would depend upon the type of distribution concerned and the willingness of customers, for example, to execute physical unloading if necessary.

Logistics Network Optimization Software 75

Logistics Network Optimization Software Optimization Software Optimal Sourcing Logistics 75

Ship Monk

JULY 12, 2023

As I got to know the business better, I saw that it’s deeply focused on driving value to our clients and being a true partner, not just a vendor. Of course, when you’re dealing with numerous locations around the world, it’s important to use all of the communication tools available to us, like video, email, Slack, etc.

Supply Chain Planning Software 52

Supply Chain Planning Software Modeling Software Logistics Network Optimization Software Meeting 52

Blue Grace Logistics

JULY 21, 2020

You need to pick up the pace and ensure that your processes are leaner, faster, and you are equipped to meet your customer’s expectations. 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.

Optimal Sourcing 62

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

Logistics Bureau

SEPTEMBER 28, 2020

There are, of course, some other important differences between the two types of providers: 4PL is, in general, better suited for medium-to-large businesses , while 3PL is more suited to small-to-medium businesses. It has a video which walks vendors step-by-step through the fulfilment process. 3) Ecommerce and Multi-Channel Retail.

4PL 98

4PL Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software 98

AIMMS

OCTOBER 1, 2019

This is changing, as vendors are increasingly invested in making this technology more accessible for end users. In the case of ELIX Polymers, S&OP Navigator allows them to quickly simulate the impact of any problem on their volume and EBITDA and decide on the best course of action. More awareness and ease of use .

Optimal Sourcing 104

Optimal Sourcing Supply Chain Planning Software Optimization Software Modeling Software 104

GlobalTranz

DECEMBER 22, 2016

More importantly, the named retailers have also expanded online sales options to include products direct from manufacturers and various dealers or vendors. Thus, analytics has grown more complicated, but it does not yet provide the key benefits of improving productivity, reducing machine downtime and improving quality.

Trends 78

Trends Industry Supply Chain Design Software Supply Chain Planning Software 78

Logistics Bureau

JANUARY 9, 2023

Of course, there is one more essential requisite for any supply chain project to commence—a budget. However, to eliminate, or at least significantly reduce, the likelihood of scope creep setting in, you need next to focus directly on that element of the project. Step 6: List Project Deliverables.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 98

Logistics Bureau

AUGUST 10, 2017

Now before you write off my statements as something you already knew, here’s a fact you might not be so familiar with: For your last mile services to compete successfully, you need to ensure that your entire supply chain (or at least the parts you can reasonably control) is set up to support a winning last-mile strategy.

Supply Chain Planning Software 66

Supply Chain Planning Software Supply Chain Software Cost Reduction Supply Chains 66

GlobalTranz

FEBRUARY 19, 2018

Large-scale analysis of data is utilized to reduce inconsistencies, produce reports for quick decision-making and enable better merchandise and customer management. They can improve warehouse management , reduce facilities costs, improve system integration, reduce risk and much more.

Supply Chain Software 68

Supply Chain Software Logistics Network Optimization Software Optimization Software Automation 68

Blue Grace Logistics

SEPTEMBER 20, 2017

Visibility sets the stage for forming and executing plans, events, and gathering data which can both generate value for the company as well as help to reduce potential risks. Some companies believe that they can have all the visibility they need by using one platform or vendor. Visibility isn’t just a company central focus, either.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Supply Chains Material Savings 59

3PL Links

OCTOBER 19, 2022

Define your returns management strategy: Analyze how effective returns management could help you lower expenses, enhance customer service, and even boost revenue. As said so eloquently by the CEO of a major online art retailer: “Our strategy is to process returns promptly, while striving to keep them to a minimum.”

Reverse logistics 62

Reverse logistics Procurement Solutions 3PL Vendor Strategies 62