Ship Monk

MARCH 11, 2024

Did you know that 93% of consumers say that online reviews influence their purchase decisions? Sure, we can talk endlessly about our warehouse automation and cool robotics , outstanding service , or award-winning warehouse management system , but that’s not nearly as believable as our case studies and customer testimonials.

eCommerce 105

eCommerce Logistics Network Optimization Software Case Study Procurement Solutions 105

Logistics Bureau

DECEMBER 9, 2019

Of course, there can be no stronger motivation than legislation, but money comes a very close second, and the potential cost savings offered by the circular supply chain are substantial. Meanwhile, more third-party agencies and organisations, including governments, are pushing the sustainability agenda. The Digital-First Logistics Effect.

Supply Chain Software 128

Supply Chain Software Logistics Network Optimization Software Supply Chains Trends 128

Logistics Viewpoints

MARCH 1, 2021

But in 2016, Philip Morris International decided to change the course of its history by leading a transformation in the tobacco industry to create a smoke-free future based on products, which while not risk-free—are a better choice for adult smokers than continuing to smoke. The solution considers projected demand and service level goals.

Supply Chain Design Software 123

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 123

Ship Monk

OCTOBER 10, 2023

That means consumers need to really do the research when making online purchase decisions, otherwise the risk for returns is strong. ShipMonk wants all ecommerce businesses to shine during peak season, which is why we’ve prepped this overview of ecommerce brand solutions for a successful Q4. Glass slippers. Winter hats.

Procurement Solutions 64

Procurement Solutions Logistics Network Optimization Software Optimization Software eCommerce 64

GlobalTranz

JUNE 16, 2015

Throughout the course of business, business owners, who may be in the manufacturing, retail, or in another industry, find themselves focusing on innovation. In fact, the annual ChainLink Research Study found innovation to be the top focus for those involved in the manufacturing community.

Manufacturing Procurement 101

Manufacturing Procurement Purchasing Skills Price Reduction Supply Chain Design Software 101

SYSPRO Smarter ERP

NOVEMBER 17, 2021

With a solid business strategy, and a strong foundation of knowledge, you can determine the best course of action for your manufacturing business and take advantage of an ERP system to streamline business processes and maximize profitability. SaaS (Software as a Service). Previously, purchasing an ERP required a large capital spend.

ERP 105

ERP Modeling Software Tips Procurement Solutions 105

Kanban Logistics

AUGUST 13, 2020

This includes the procurement and delivery of the parts used to build the finished product. Third-party procurement. Right now, your buyers probably spend a good percentage of their time negotiating with, and procuring goods from, makers of boxes, nuts, bolts, and other consumable parts and materials. What is inbound logistics?

Manufacturing Procurement 98

Manufacturing Procurement Inbound 3PL Material Savings 98

Logistics Viewpoints

FEBRUARY 8, 2022

As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. Digital transportation management solutions can help by connecting the entire shipping network, including customers and carriers, in real time.

Optimal Sourcing 128

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 128

Logistics Bureau

JANUARY 7, 2020

Of course, it is helpful to have some statistics on hand to validate the statement above. Mini Case Study: Walmart. Mini Case Study: Whirlpool. This formula has enabled Whirlpool to endure and thrive in the 13 years since it set out to build an adaptive supply chain, but of course, the work never ends. Procurement costs.

Supply Chain Design Software 131

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 131

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. Potential Factors in Declining Margins To get to the root of the problem, understanding the costs of production or purchasing will be a necessary starting point, but typically, more information will be needed.

Negotiating Skills 103

Negotiating Skills Purchasing Skills Cost Reduction Analysis 103

Logistics Bureau

MAY 30, 2022

Of course, the aim should always be to serve customers proactively, and that’s where the third element of service alignment—planning—comes to the fore. Is your supply planning optimised to get the best performance from manufacturing (if applicable), purchasing, warehouse, and transportation functions? Procurement costs.

Inventory Reduction 117

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 117

Logistics Bureau

MAY 31, 2021

If yours is one of those businesses shifting from traditional to online retail, you’ve probably faced some of the logistical challenges arising from the need to deliver your customers’ purchases to them. These are the primary areas to begin identifying higher-cost elements and seeking solutions to tackle them. Equipment use.

Cost Reduction 118

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 118

GlobalTranz

FEBRUARY 8, 2016

A case study, published by Modern Machine Shop several years ago, caught our eye recently. Although it was published in 2002, the case study highlighted the data collection struggles of a particular manufacturing company that probably rings true for many SMEs and large corporations alike. The problem?

Manufacturing Procurement 66

Manufacturing Procurement Data Optimal Sourcing How To 66

Talking Logistics

JULY 25, 2018

Of course, the most common question about blockchain is “What is it?” This invite-only event brought together supply chain and IT executives from a cross section of companies, along with several executives from IBM, including Jeanette Barlow, Vice President of IBM Supply Chain Solutions, and Ron Castro, Chief Supply Chain Officer at IBM.

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 91

Ship Monk

FEBRUARY 15, 2023

Fulfillment Automation at its Finest ShipMonk provides competitive fulfillment solutions to ecommerce businesses of all sizes by continuously investing in next-level technology that allows us to pick, sort, pack, and send out goods at lightning speed while retaining accuracy. And our fulfillment technology solutions don’t stop there.

Supply Chain Design Software 52

Supply Chain Design Software Optimization Software Supply Chain Software Logistics Network Optimization Software 52

Logistics Bureau

OCTOBER 28, 2020

Paper-based processes should be eliminated, as business software applications are affordable and get things done much more efficiently. You don’t necessarily need access to real-time data from one end of the supply chain to the other, but you do need to know the points where visibility adds value and to apply solutions at those points.

Supply Chain Planning Software 89

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

Talking Logistics

FEBRUARY 27, 2019

Operational excellence, of course. But beyond that, shippers today also expect their logistics partners to provide them with technology solutions, timely and accurate data, and business intelligence and analytics capabilities. This allows customers to go to one place to purchase any of our services.

Vendor Strategies 71

Vendor Strategies Price Reduction Logistics Network Optimization Software Modeling Software 71

Ship Monk

APRIL 26, 2023

A 2020 ecommerce shipping study determined that 27% of shoppers will choose one ecommerce brand over the other based on speed of delivery options. 2-Day shipping is when ecommerce customers receive their orders within two days of purchase, assuming they click BUY before a specific cutoff time on a given day. Sound simple?

eCommerce 98

eCommerce Purchasing Skills Eliminating Excel in Purchasing Procurement Solutions 98

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. According to a study by The Insight Partners , the global 4PL market was valued in terms of revenue at $56,472.1

4PL 118

4PL Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software 118

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. For example, a subtle change in hydraulic pressure may still permit the machine to operate. Automated Data Transfers.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

GlobalTranz

JULY 8, 2015

Throughout the course of business, there will be a series of recurring updates for equipment, software, and materials. Reverse Logistics allows businesses to recoup a portion of the original purchase price of this equipment. And at the end, check out a nice infographic speaking more to reverse logistics strategies and practices.

Reverse logistics 110

Reverse logistics Material Savings Cost Reduction Logistics Network Optimization Software 110

GlobalTranz

SEPTEMBER 23, 2015

Thanks to data gathering programs, supply chain software , and data entry applications, this represents a mountain of data, which has the potential to provide ground-breaking insight into how to improve business-model efficiency. Supply Chain big data is the ultimate compilation of data gathered in the course of business.

Supply Chain Design Software 108

Supply Chain Design Software Supply Chain Software Supply Chain Design Procurement Analytics 108

FLS Transport

FEBRUARY 10, 2021

While there’s no question that mini bids are the short term best solution, trying to ‘time the market’ long term will be an exhausting effort. Of course, there’s a massive need for more capacity right now and that’s largely what’s driving the purchases. Move those annual bids to six month or three month contracts?

Procurement Analytics 98

Procurement Analytics Freight Purchasing Skills Trucking 98

Logistics Viewpoints

MARCH 14, 2022

I had studied TV script writing at the University of Cape Town with Roy. And we reconnected and bonded over the course of a few weeks. And neither of us had studied business. But we believed, because we had studied TV script writing, that we knew how to pitch. A guy called Roy Brawley. And the service deteriorated.

Optimal Sourcing 141

Optimal Sourcing Supply Chain Planning Software Purchasing Skills Modeling Software 141

Bringg

AUGUST 5, 2020

Also known as buy online, pickup in store ( BOPIS ), click and collect is a form of omnichannel flow where shoppers make purchases online and pick up their order in a physical location, rather than having it delivered. And, of course, the chain of custody gets tricky and will require digital proof of delivery.

Trends 118

Trends Modeling Software Optimization Software Optimization Modeling 118

Ship Monk

JULY 5, 2022

A 3PL fulfillment company needs the right software , automation , and integrations to allow eCommerce clients to succeed. Studies show that more than 70% of fulfillment warehouses that use AMRs have reached double-digit improvements, which leads to immense growth for eCommerce merchants. This is only the beginning.

Supply Chain Software 111

Supply Chain Software Supply Chain Design Software Optimization Software 3PL 111

GlobalTranz

MAY 20, 2015

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. The cost of quality definition and enterprise quality management software—part 2, cost of quality both offer detailed descriptions of these metrics and insights on how to measure them.

Procurement Analytics 99

Procurement Analytics Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 99

GlobalTranz

JANUARY 21, 2015

The manufacturer has access to the distributor’s inventory data and is responsible for generating purchase orders. Definition: Solicit your suppliers to come into your company to assist you with Supply Chain Cost Reductions, and other important issues, rather than your suppliers soliciting your purchasing dollar.

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

Freightos

OCTOBER 26, 2020

The shift to full end-to-end integration, of course, leaves no one else in the middle. The first is size , of course, with Maersk running over 17% of global ocean capacity , but also selling land-services to just under 20% of those same customers. Other sources reported that DB Schenker was not the only forwarder making this shift.

Logistics Network Optimization Software 125

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Price Reduction 125

Logistics Bureau

OCTOBER 9, 2023

Of course, it can add up to a vast pool of data, so realistically, access to advanced modelling and analytics tools will be essential to get the most value from it. In such cases, the design process can often be kept relatively simple, demanding less time and requiring less sophistication in the tools used. Getting Complicated?

Supply Chain Design Software 104

Supply Chain Design Software Supply Chain Design Distribution Networks 104

Logistics Bureau

JUNE 5, 2023

But, of course, the overall costs and other outsourcing pros and cons require careful consideration before making such a move. Cheap imported tyres can deliver savings for your distribution fleet, but they may not be suitable for retreading, meaning you will need to purchase new tyres more often.

Cost Reduction 82

Cost Reduction Purchasing Skills Price Reduction Waste Reduction 82

3PL Insights

AUGUST 6, 2018

It’s recommended to study these terms to make day-to-day life in the logistics industry a little easier. A hi-lo, of course, refers to a forklift. Warehouse Management System (WMS): A warehouse management system is a piece of software that directs the putaway, replenishment and picking in a warehouse. Hi-Lo: Beep beep!

Logistics Network Optimization Software 68

Logistics Network Optimization Software Logistics 3PL Procurement Solutions 68

Logistics Bureau

OCTOBER 11, 2021

The first steps, of course, are to understand the challenges you face, prioritise them for action, and consider the resources and help you need to meet and overcome them. There are, of course, several ways to achieve a logistics knowledge infusion. Of course, as an enterprise grows, it becomes harder to coordinate all the moving parts.

eCommerce 62

eCommerce Supply Chain Planning Software Negotiating Skills Material Savings 62

Logistics Bureau

OCTOBER 1, 2024

I was going to say poor but inappropriate purchasing policies. You know, you’ve got to try and balance that purchase quantity versus purchase frequency and look at the total cost of ownership of inventory, not just the purchase price. Well, a lot of it is related to inventory management. It could be inappropriate.

Capacity 77

Capacity How To Sorting Purchasing Skills 77

Logistics Bureau

OCTOBER 28, 2020

Paper-based processes should be eliminated, as business software applications are affordable and get things done much more efficiently. You don’t necessarily need access to real-time data from one end of the supply chain to the other, but you do need to know the points where visibility adds value and to apply solutions at those points.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 62

GlobalTranz

JANUARY 19, 2015

Many companies are already doing it, and according to a recent BCG study, 54 percent of companies with over billion in revenues are now considering it. Otis representatives say the company failed to consider the consequences of the new location and tried to do too much at once, including a supply chain software implementation.

Manufacturing Procurement 101

Manufacturing Procurement Purchasing Skills Buyer Training Supply Chain Planning Software 101

Logistics Bureau

NOVEMBER 14, 2018

Thus, if you find out that an expensive transport solution (courier for example) is routinely being used to deliver a low margin product to a customer, you’ll understand that much better if the end result for you turns out to be a loss. It can of course also be used to make an already profitable relationship even more profitable!

Purchasing Skills 99

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 99