Logistics Bureau

JANUARY 3, 2025

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. Get Some Help Of course, inventory optimisation is not a task to take lightly. Time is another resource you will consume in analysing all this data. Getting Complicated?

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Design Distribution Networks 75

Logistics Bureau

NOVEMBER 3, 2024

Of course, it is helpful to have some statistics on hand to validate the statement above. Mini Case Study: Walmart Walmart may be the most famous example of a company that has succeeded primarily because of a well-developed and aligned supply chain strategy. If you want business success (and who doesn’t?),

Supply Chain Design Software 74

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 74

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

Material Handling and Logistics

OCTOBER 30, 2018

In a recent Forrester study, they found the problem to be poor quality data. Start by making the purchasing experience a pleasure rather than a hassle. Foundation, Foundation, Foundation. It’s easy to get caught up in new innovations like AI, but the success stories are lacking due to one major problem: foundation! How do you do that?

Optimal Sourcing 166

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 166

Logistics Bureau

DECEMBER 22, 2024

Of course, the big challenge in this type of external benchmarking is obtaining the necessary data, since many companies are wary of sharing performance data with potential competitors. Of course, its also possible to add further tiers for even more granularity, but again, the more levels you have, the more complex your KPI solution.

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

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 98

Negotiating Skills Purchasing Skills Cost Reduction Analysis 98

Logistics Viewpoints

FEBRUARY 28, 2023

Of course, the key to inventory is having the right amount in the right location at the right time to meet customer demand, or face overstocks, high holding costs and eventual markdowns—or alternatively, overpromising, stockouts and lost sales. Need diapers delivered overnight? No problem. You got it.

Optimal Sourcing 109

Optimal Sourcing Inventory Reduction Sourcing Strategies Vendor Strategies 109

Logistics Bureau

NOVEMBER 16, 2020

For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. One study shows that one in three companies in the United States has jobs that are taking nine to 12 months to fill. Sea Change—A Supply Chain Career is now seen as ‘Cool’. Supply Chain Coordinator.

Supply Chain Planning Software 98

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

GlobalTranz

JUNE 30, 2017

Essentially, this creates a stronger level of customer service, and it can turn into additional purchases. For example, a customer is a shoe store may purchase shoes, but if offered a new brand of socks, he or she refuses. More importantly, it gives manufacturers a chance to find out more about what the customer wants.

Manufacturing Procurement 110

Manufacturing Procurement Procurement Analytics After-sales Price Reduction 110

GlobalTranz

SEPTEMBER 23, 2015

Supply Chain big data is the ultimate compilation of data gathered in the course of business. However, unorganized supply chains can quickly cause a customer to abandon a purchase and provide negative feedback about the company across social media, word-of-mouth, and many other mediums. What Is Supply Chain Big Data?

Supply Chain Design Software 134

Supply Chain Design Software Supply Chain Software Supply Chain Design Procurement Analytics 134

Ship Monk

JANUARY 7, 2021

Before 2020, there was a clear distinction between online and offline purchases. Of course, all of that changed with COVID-19 , which forced the world to rely on eCommerce in order to fulfill basic needs like buying fresh produce or racing to secure a pack of toilet paper. New Buying Habits. Sustainable Consumerism.

eCommerce 98

eCommerce Trends Logistics Network Optimization Software Purchasing Skills 98

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 91

Manufacturing Procurement Data Optimal Sourcing How To 91

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 133

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 133

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. Previously, purchasing an ERP required a large capital spend. SaaS (Software as a Service).

ERP 105

ERP Modeling Software Tips Procurement Solutions 105

Ship Monk

JUNE 30, 2022

What’s more likely once you open that package — you study the packing slip in the box in great detail or you just tear through the box retrieving the items inside like a basset hound going after a bone buried in the backyard? If the order is for you, of course, both pieces of shipping info pertain to you. Integration is Your Friend.

Packing 98

Packing eCommerce Inventory Reduction Packaging 98

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 127

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 127

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. That study has now been published. It was predictable.

Supply Chain Design Software 109

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 109

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

Ship Monk

APRIL 28, 2023

All sorts of organizations have run studies on eco-friendly attitudes in the ecommerce industry, and we have amazingly positive news to share about what buyers are thinking. Of US adults surveyed , 69% say environmental impact is important when making a purchasing decision. We have proof. Tell customers what you are supporting and why.

eCommerce 97

eCommerce Waste Reduction How To Material Savings 97

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

APRIL 5, 2024

Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. A PricewaterhouseCoopers study showed that after negotiating a contract, an average of 25% of the savings were lost during the implementation process. If so, it might be worth paying a little more for their goods.

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 105

Kanban Logistics

AUGUST 13, 2020

Naturally, the 3PL would build inventory financing costs into the overall cost of the service, and there would need to be a contractual agreement that guaranteed purchased materials would be used. By allowing your 3PL provider to purchase non-strategic materials on your behalf , you’ll reap the following rewards: Keep your cash longer.

Manufacturing Procurement 98

Manufacturing Procurement Inbound 3PL Material Savings 98

GlobalTranz

AUGUST 9, 2016

It is surprising how far people walk in the course of a year in many processes. In studying trucking and fuel costs in detail, I found the following facts to be true: Truckers face challenges and those that best manage fuel consumption enjoy a competitive advantage over the rest. Transportation takes time.

Waste Reduction 83

Waste Reduction Cost Reduction Inventory Reduction Price Reduction 83

Logistics Viewpoints

MARCH 20, 2023

Based on ARC Advisory Group’s recently released study of the market, this puts them in the top 5. Meanwhile decisions like how much production capacity needs to be added, or what raw materials need to be purchased, don’t change on a daily basis. But, of course, over the course of a month the demand and supply pictures change.

Supply Chain Planning Software 113

Supply Chain Planning Software Modeling Software Procurement Solutions Supply Chain Software 113

LandLink

JANUARY 15, 2020

In fact, how you deal with returns, before and after purchase, can differentiate your brand, create a competitive advantage and even make you more profitable. according to a study by research firm Appriss, up from $260 billion in previous years. The holiday season, of course, is the one to dread in the returns departments.

Purchasing Skills 63

Purchasing Skills Procurement Analytics Expense Reduction Cost Reduction 63

GlobalTranz

MARCH 28, 2016

Google’s 2014 purchase of the British firm Deep Mind for something more than $ 400 million produced a bonanza of publicity earlier this year, when its game playing program whipped a human master of the ancient strategy game Go. Gelernter observes that the mind operates in different ways through the course of each day.

Logistics Network Optimization Software 87

Logistics Network Optimization Software Optimization Software Modeling Software Supply Chain Software 87

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.

Supply Chain Design Software 111

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

Ship Monk

JULY 5, 2022

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. In a recent whitepaper ABI Research asserted that AMR purchases are predicted to increase 65% in 2022. There are, of course, many types of AMRs to choose from.

Supply Chain Software 111

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

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 75

Capacity How To Sorting Purchasing Skills 75

GlobalTranz

JUNE 27, 2016

There are plenty of case studies across a wide range of industries that have shown time and time again that choosing this type of packaging can make the supply chain not only less expensive but also more efficient. It is purchased, used and thrown out. The Evidence. Reduced Waste Management Costs. Return on Investment.

Material Savings 87

Material Savings Waste Reduction Packaging Cost Reduction 87

Logistics Viewpoints

AUGUST 11, 2023

The firms are on course to add 115,000 jobs by 2030, according to the Semiconductor Industry Association — but at current degree completion rates, the group says, nearly three-fifths of those jobs could remain unfilled.

Negotiating Skills 98

Negotiating Skills Logistics Network Optimization Software Purchasing Skills Material Savings 98

Conger

JULY 20, 2020

What do I need to study? Of course not. With lots of options and aggressive marketing for online certification courses, you've probably had this question cross your mind. Now that we have that out of the way, let's talk about what you can expect from online courses. How do I get certified? Well, you’re in the right place.

How To 90

How To Buyer Training Training Course 90

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. Nevertheless, cost-to-serve studies often reveal a surprising ratio of non-profitable to profitable customers and SKUs.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

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 91

Cost Reduction Purchasing Skills Price Reduction Waste Reduction 91

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. There’s a lot of terminology thrown around in the warehouse and beyond—in transportation, fulfillment, value added, and other logistics services. Hi-Lo: Beep beep!

Logistics Network Optimization Software 68

Logistics Network Optimization Software Logistics 3PL Procurement Solutions 68

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. This, of course, has become costly with globalization, unless multiple suppliers have been strategically chosen within close proximity. This can be done in various ways.

Procurement Analytics 131

Procurement Analytics Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 131

Blue Grace Logistics

FEBRUARY 9, 2023

Logistics, The Real Super Bowl MVP Show Submenu Resources The Logistics Blog® News Press Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics Super Bowl requires logistics planning and execution to take advantage of the event’s revenue and profit opportunities. Here’s what’s involved.

Logistics 62

Logistics Events Scenario Planning Procurement Analytics 62