Logistics Viewpoints

APRIL 6, 2023

The urgency of response to a disruption of a Category 1 supplier is of course much higher than that of a Category 4 supplier. The post The One Key Shift in Your Supply Chain and Procurement Strategies that can Drive Better Business Continuity and Resilience appeared first on Logistics Viewpoints.

Optimal Sourcing 131

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Procurement Analytics 131

Morai Logistics

OCTOBER 14, 2020

This article by Morai Logistics covers 5 steps companies should be taking in order to make their reverse logistics process more successful. The post Reverse Logistics: The 5 Keys to a Successful Strategy appeared first on Morai Logistics Inc. Figure out the why Behind Returns. Returns shouldn’t be a mindless process.

Reverse logistics 78

Reverse logistics Cost Reduction Strategy Logistics Network Optimization Software 78

EazyStock

DECEMBER 13, 2020

In a perfect world, supply chain managers would be able to foresee every possible risk and threat to their supply chain and have a strategy prepared to successfully address any challenges when the moment came. Uncertainty is all but guaranteed in 2021 – the best course of action is to mitigate whatever risks you can.

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Supply Chain Planning Software Cost Reduction 98

The Logistics of Logistics

NOVEMBER 10, 2023

Tim Higham and Joe Lynch discuss the free TMS, which is of course AscendTMS. Prior to starting AscendTMS, Tim co-founded and ran a national 3PL, where he invited Palm Beach Capital LLC to become minority equity shareholder in July, 2009 in order to speed both internal growth and outside acquisitions. AscendTMS).

Logistics Network Optimization Software 374

Logistics Network Optimization Software Sourcing Strategies Optimal Sourcing Cost Reduction 374

Logistics Bureau

OCTOBER 26, 2024

Well, as a supply chain consultancy , in our experience many companies begin to face challenges that arise which aren’t easy to resolve internally – but of course that’s a high-level and simplified catchall statement. If developing an effective supply chain strategy was easy, a lot more than 35% of companies would have one.

Supply Chain Planning Software 118

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 118

Logistics Business Magazine

MAY 7, 2020

The investment forms part of the company’s strategy to expand its training portfolio to facilitate with the new CACES (certificate of safe driving skills) training reforms, which came into effect on 1 st January 2020. The post Encarna Invests in Hyundai and Expands Forklift Training Courses appeared first on Logistics Business® Magazine.

Buyer Training 36

Buyer Training Training Course Eliminating Excel in Purchasing 36

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. We’ll begin with a look at pricing strategy. Do You Lack Confidence in Your Pricing Strategies? It’s unlikely, however, that the effects of your pricing strategies are quite that simple.

Negotiating Skills 90

Negotiating Skills Purchasing Skills Cost Reduction Analysis 90

Ship Monk

APRIL 30, 2024

Order Management This is the most important element of ecommerce software. Every part of the fulfillment process from BUY to delivery is critical and the platform responsible for those orders needs to be able to track them at every stage while keeping you updated with complete visibility. 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

MARCH 30, 2024

Just as online shoppers have a lot of choices when it comes to where to take their business, ecommerce brands have many options for where to take theirs in terms of order fulfillment. 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

GlobalTranz

DECEMBER 11, 2018

This will require an LTL and e-commerce focused shipping strategy. Shippers need to know the benefits of combined strategy and a few best practices to develop a winning LTL and e-commerce plan. Some of the top benefits of combined LTL and e-commerce include: More time for customer service and filling orders. Efficient processes.

Price Reduction 54

Price Reduction Waste Reduction Cost Reduction Strategy 54

Logistics Viewpoints

APRIL 6, 2021

There’s no single formula or guide because every company is different, but here are a few strategies that have proven successful for companies across a range of industries. Is it your current order management or warehousing processes that are standing in the way? Track how well you’re able to deliver on the perfect order.

Inventory Reduction 103

Inventory Reduction Vendor Strategies Supply Chain Planning Software Price Reduction 103

Logistics Bureau

NOVEMBER 12, 2024

2) Know Your Operational Profile and Requirements In order to maximise the benefits of your warehouse review, you should be completely familiar with the characteristics of all products that are to be stored. Order and picking profiles should be examined too. For instance, do you have two or more SKUs that are commonly ordered together?

Modeling Software 77

Modeling Software Supply Chain Design Software Supply Chain Planning Software Optimization Software 77

Logistics Viewpoints

SEPTEMBER 6, 2023

My first impression at that time was the mental image it provoked – a delivery truck pulling up to my house and placing a package that I hadn’t ordered on my front door, but ultimately decided to keep. But a disadvantage compared to physical stores was the wait time between ordering and receipt of merchandise.

Inventory Reduction 161

Inventory Reduction Purchasing Skills Cost Reduction Modeling Software 161

Logistics Bureau

MAY 30, 2022

Our three pillars (or fundamentals) of great supply chain management excellence are strategy, service, and cost. Aligning strategy, service, and financial factors in your supply chain operation is essential to support your company’s overall business strategy , mission, and objectives. The Importance of Alignment.

Inventory Reduction 113

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 113

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

Logistics Business Magazine

JULY 30, 2020

KION Group says it has recorded strong order intake in the first half of 2020 thanks to the e-commerce boom, despite a 10% drop in revenue caused by the pandemic and a 50% year-on-year drop in earnings versus 2019 H1. Highlights of the statement are: – Total value of order intake goes up by 4.8 – Revenue decreases by 10.0

eCommerce 42

eCommerce Ordering Supply Chain Software Cost Reduction 42

Ship Monk

JANUARY 29, 2024

Within the course of one online chat, an isolated email response, or a single phone call, someone who bought from your ecommerce brand can be influenced whether or not to buy from you again. Remember, when it comes to ecommerce brand orders, there’s no such thing as over communication. No need to imagine if you over communicate.

eCommerce 105

eCommerce Logistics Network Optimization Software Eliminating Excel in Purchasing Supply Chain Software 105

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 82

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 82

Ship Monk

APRIL 4, 2023

It’s been a while since you placed your ecommerce order so it seems like it may be time to face facts. In fact, there are many steps you can take before an order ships to make sure it doesn’t go adrift in the cardboard sea. Of course (see what we did there?) Your package is lost. it’s not always on you.

Packaging 98

Packaging Tips eCommerce Inventory Reduction 98

GlobalTranz

FEBRUARY 23, 2018

Omnichannel, as a word and strategy in retail, is shifting. Find out how your organization can empower customers and ensure a positive experience by integrating your systems and selecting the systems that reduce work, hasten order fulfillment and delivery, and reduce costs. Twitter Facebook LinkedIn The post Is Omnichannel Dead?

Course 65

Course Supply Chain Planning Software Supply Chain Design Software Inventory Reduction 65

ShipLilly

NOVEMBER 1, 2021

Early planning and paying attention to the warning signs will be the key to fulfilling your orders and keeping your customers happy. If any of the following circumstances apply to you currently or are likely to apply to you soon, it is time to plan for possible outsourcing: Are you dealing with more than 100 orders in any 30-day period?

Outsourcing 98

Outsourcing Price Reduction Cost Reduction Resource Reduction 98

Logistics Viewpoints

AUGUST 22, 2023

That’s when you can course correct in any number of ways that make your business more efficient and your customers happier. And modern, API-first data strategies have vastly improved portability, ensuring data can be easily moved and shared between any cloud and any application. In other words, visibility is an enabler.

Supply Chain Planning Software 121

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 121

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? The answer is yes, and there is a reason why this random put-away methodology works for Amazon.

Inventory Reduction 89

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 89

GlobalTranz

FEBRUARY 28, 2018

Our shippers are now able to book traditional shipments and last mile shipments, selecting options such as room of service, in order to achieve a last mile shipment efficiently. In fact, Cerasis is now working with both traditional LTL carriers who then hand off the last mile to a specialist. A truck that is also a manufacturing facility!

Vendor Strategies 57

Vendor Strategies Course Trends Cost Reduction 57

3PL Links

MAY 28, 2024

Having stated that the following five strategies will help to enhance work in distribution centers. Counting from the outflow and placing a recurrent order without waiting for a general inventory is another important consideration. At 3PL Links Inc. ,

Optimal Sourcing 48

Optimal Sourcing Sourcing Strategies Distribution Tips 48

Logistics Business Magazine

APRIL 30, 2024

The difficulty of material procurement had grown into a global challenge over the last two years, impacting the daily business at Righi Elettroservizi, which determined it needed to develop a quick response to the changed supply chain environment to remain on course with its growth strategy.

Material Savings 52

Material Savings Supply Chain Design Software Supply Chain Software Supply Chain Design 52

Ship Monk

JUNE 24, 2021

After countless hours spent on market research, product development, and branding, order fulfillment may seem like an afterthought. Regardless of how you slice it, a solid order fulfillment strategy is the backbone of your business. #2. My Fulfillment Strategy Is Too Complicated for a 3PL. Outsourcing Isn’t SMB-Friendly.

Outsourcing 96

Outsourcing Expense Reduction Inventory Reduction Resource Reduction 96

SYSPRO Smarter ERP

JUNE 27, 2022

Of course, robotics does not tell the full story, as the world of manufacturing has evolved even further over the last few decades, with the rise of data and smart, autonomous systems. Employers should take advantage of the digital courses offered by ERP providers to prevent any erosion of technological knowledge. The post Industry 4.0:

Buyer Training 105

Buyer Training Factories Supply Chain Design Software Meeting 105

Logistics Viewpoints

JULY 28, 2022

The difficulties are pushing companies to come up with creative strategies that help encourage employees to find on-the-job fulfillment. After the item is scanned, the robot confirms if the order is correct or not, then moves on to the next task. One such tactic is the implementation of robotics and gamification in a warehouse setting.

Supply Chain Design Software 169

Supply Chain Design Software Sourcing Strategies Supply Chain Software Material Savings 169

GlobalTranz

DECEMBER 2, 2014

Editor’s Note: This is our second post in a two part series about how to get your logistics and transportation practices in order in time for holiday shipping or peak season crunches. Core carrier programs and carrier negotiations that once played a fundamental role in shippers’ cost reduction strategies no longer are sufficient.

Cost Reduction 86

Cost Reduction Price Reduction Vendor Strategies Resource Reduction 86

Logistics Bureau

AUGUST 2, 2021

Purchase Order Cycle Time. 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. Cost per Purchase Order and Cost per Invoice. Calculate it as a ratio of emergency purchases to total purchases for a given period.

Procurement Analytics 118

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 118

Logistics Viewpoints

OCTOBER 4, 2021

Service is calculated as the difference between orders and shipments, divided by shipments. In other words, if manufacturers cannot deliver everything that retailers are ordering, then there is a service failure. The math is simple, a 13% reduction in service over the course of a year translates to a 13% drop in sales.

Inventory Reduction 150

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Cost Reduction 150

WorkWave

SEPTEMBER 6, 2023

B2Bs can simulate potential risks and challenges that may arise in their operations by experimenting with different strategies in a risk-free environment. Companies can identify the best course of action, minimize negative impacts and make more informed decisions.

Expense Reduction 96

Expense Reduction Cost Reduction Resource Reduction Scenario Planning 96

3PL Links

JULY 21, 2024

Today’s diverse difficulties have demonstrated the need for applying certain tactics in order to change course. You must be inventive, flexible, and have a solid framework in order to adjust to them. In order to do this, supply chain tactics must be reviewed and adjusted to fit with new business models.

Supply Chain Design Software 48

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 48

Logistics Business Magazine

SEPTEMBER 6, 2023

This highly efficient, fully automated picking system provides up to 40,000 drug packages per hour during peak times on an order-by-order basis while meeting the pharmaceutical industry’s high standards. The system then performs fully automated picking, accelerating processing and accommodating the zero-defect strategy.

Picking 60

Picking Automation Optimization Software Material Savings 60

Ship Monk

SEPTEMBER 29, 2022

Peak season is characterized by the increased demand across markets that causes businesses to amp up production and have large amounts of stock ready for holiday orders. Specifics can vary by industry, of course, but for the most part this takeaway is a good summation. Common Challenges & Solutions During Peak Season.

eCommerce 52

eCommerce Purchasing Skills Inventory Reduction Cost Reduction 52

Forto

JANUARY 10, 2020

And with these factors as your tailwind we think that the following 8 strategies will take your business to the next level. In order to identify suitable cost saving measures, FreightHub offers companies exporting to China the opportunity to review their logistics strategy with our logistics expert. Finding The Best Costs.

Cost Reduction 40

Cost Reduction Price Reduction Sourcing Strategies Strategy 40