Logistics Bureau

NOVEMBER 29, 2024

So everything in the retailer’s Supply Chain strategy needs to be focused on the customer, and of course the shareholders, that goes without saying. Effective retail supply chain management also helps to manage inventory levels, reduce waste and ultimately customer satisfaction. Quality is of course a given.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 75

Logistics Bureau

JUNE 13, 2016

If you were to tell me that your company had never looked at its supply chain costs and sought to deliver reductions, I’d be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supply chain cost reduction, I wouldn’t be surprised at all.

Cost Reduction 75

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 75

Logistics Bureau

MAY 24, 2019

If you were to tell me that your company had never looked at its supply chain costs and sought to deliver reductions, I would be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supply chain cost reduction, I wouldn’t be surprised at all.

Cost Reduction 77

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 77

Ship Monk

MAY 5, 2022

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. Most companies employ one of the following three strategies: Strategy 1: “Hard Switching” from Your Previous 3PL. Taking the Plunge.

Inventory Reduction 52

Inventory Reduction Vendor Strategies Cost Reduction 3PL 52

Talking Logistics

FEBRUARY 27, 2019

Operational excellence, of course. They built the frontend customer-facing system themselves, but chose to buy the backend TMS that enabled them to be faster to market, yet was agile and supported by a vendor that was willing to partner with them. What do shipper’s look for in a logistics partner? The benefits.

Vendor Strategies 72

Vendor Strategies Price Reduction Logistics Network Optimization Software Modeling Software 72

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 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

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 Bureau

APRIL 3, 2023

If you’re a decision-maker with accountability for your organisation’s entire supply chain, and you’re just starting to think about outsourcing, perhaps to reduce costs or improve service, this post should prove well worth the few minutes it will take you to read it. What Can You Outsource, and What Should You Outsource?

Outsourcing 98

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 98

GlobalTranz

NOVEMBER 17, 2016

The most common complaint of newer companies using big data analytics capabilities tends to revolve around traditional questions of business strategy. Consider the following elements explains John Richardson of Inbound Logistics, that impact business strategy. Increasing order efficiency. Demand forecasts. The quantity of each product.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Software Procurement Solutions Supply Chain Design 115

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

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

GlobalTranz

DECEMBER 9, 2015

We wanted to bring you some quick strategies and tips that can help your holiday shipping woes or at any time of the year where you experience an increase in shipping volumes. The mantra for all transportation professionals is simple and holds true no matter the holidays or peak seasons: reduce costs and increase customer satisfaction levels.

Cost Reduction 48

Cost Reduction Price Reduction Vendor Strategies Resource Reduction 48

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

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. Personalized E-Mail Campaign.

Supply Chain Software 93

Supply Chain Software Vendor Strategies Supply Chains Waste Reduction 93

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

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

GlobalTranz

FEBRUARY 28, 2018

Freight forwarders will interact with customers online and automate back office procedures to reduce delivery delays and associated costs. The ELD mandate will dramatically reduce the number of hours truckers can drive. The Uberization of Freight Will Redefine Vendor Freight Management. Freight and Trucking Rates Will Evolve.

Vendor Strategies 57

Vendor Strategies Course Trends Cost Reduction 57

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? Amazon did not invent the random storage approach. Book your free consultation.

Inventory Reduction 75

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 75

Logistics Viewpoints

JULY 18, 2022

Products, of course, can be picked up at the branches. It examines the skills of the people on the team, the process, technology, and strategy associated with supply chain design. During Covid, Ferguson told their vendors, “if you can only produce 40% of our orders, these are the 40% we want. Across the US, Ferguson has 6.5

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 120

Logistics Bureau

AUGUST 7, 2023

Standardise and Digitise The key to managing complexity, of course, is to be organised. You’re ordering more stock than you need so you can meet vendor minimum order quantities. The ecommerce logistics practitioner must instead integrate reverse logistics into his or her company’s inventory management strategies and processes.

Inventory Reduction 98

Inventory Reduction eCommerce Inventory Procurement Solutions 98

Logistics Bureau

JUNE 14, 2021

Of course, the criticality of such elements is the same now as it always was. Those withstanding the supply chain turmoil were the ones with solid risk mitigation strategies and playbooks in place and investment already sunk into supply chain resilience. Prudent implementation of buffer inventories and process-redundancy measures.

Supply Chain Planning Software 85

Supply Chain Planning Software Optimal Sourcing Supply Chains Inventory Reduction 85

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. Thoroughly vet all vendors that will engage in drop shipping to prevent losses in product quality.

Supply Chain Planning Software 76

Supply Chain Planning Software Vendor Strategies Inventory Reduction Scenario Planning 76

GlobalTranz

JULY 6, 2017

Additionally, robotics can help reduce the workload on employees. This pairs well with omnichannel sales strategies as well. All vendors should know their responsibilities, as defined by the inbound freight management guide. Proper training reduces delays caused from temporary workers not understanding how your facility runs.

Optimization Software 69

Optimization Software Vendor Strategies Tips Distribution 69

Turvo

MAY 21, 2020

Software vendors built empires on the idea of a single platform that could deliver absolute savings for a set of processes that improved only one aspect of the supply chain, such as management of orders, but not for shipments or vice versa. Yet the idea of collaboration in supply chain systems is at risk.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Supply Chain Planning Software Cost Reduction 52

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

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

Logistics Bureau

NOVEMBER 12, 2024

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. Identify Bottlenecks : Pinpoint areas where operations slow down or become inefficient, and develop strategies to address these issues.

Modeling Software 72

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

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

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

Talking Logistics

JANUARY 3, 2018

What also separates the leaders from the laggards is their use of online auction marketplaces, business intelligence and analytics, and lotting strategy to improve their liquidation process and effectiveness. Of course, one company’s problem is another’s opportunity. Post a comment and share your perspective!

Production 81

Production Vendor Strategies Supply Chain Software Logistics Network Optimization Software 81

Logistics Bureau

JANUARY 23, 2017

However, the real tipping point in the warehouse robotics trend will arrive when technology vendors master the art of true robotic picking, where robots are able to pick orders from conventional racking. Key Logistics Trend #3: The Blurred Line Between Logistics and Technology Services.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 94

Talking Logistics

FEBRUARY 28, 2018

This new customer-centric reality is prompting manufacturers and retailers of all sizes to revisit their strategies and capabilities to succeed in this highly- dynamic, highly-uncertain, and highly-competitive environment. Determining the Right E-Commerce and Omni-Channel Fulfillment Strategy.

Inventory Reduction 36

Inventory Reduction Vendor Strategies Cost Reduction Supply Chain Planning Software 36

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. You are not just buying a piece of software.

ERP 105

ERP Modeling Software Tips Procurement Solutions 105

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

3PL Links

SEPTEMBER 5, 2016

Improving your warehouse and distribution process isn’t necessarily as easy as it might sound since any course of action needs to take into account variables such as your products, staffing levels, scheduling and third-party vendors. Set Vendor Policies. If you continue to do this, you will reduce the risk of complacency.

Tips 59

Tips Distribution Vendor Strategies Procurement Analytics 59

FreightWaves SONAR

MARCH 12, 2021

Of course, that naturally implies an added ability to deploy the following connection opportunities to collect and apply data as well: The Internet of Things (IoT) tracks the location of a carrier, projects weather conditions, and traffic conditions in real-time. And they must also put it to work.

Supply Chain Software 97

Supply Chain Software Optimization Software Logistics Network Optimization Software Tools 97