Logistics Bureau

MAY 24, 2021

Among the universal challenges that the COVID-19 pandemic has imposed upon the supply chain management profession is the question of inventory, specifically, “how much is enough?”. It wasn’t long ago that businesses were asking, “By how much can I reduce my levels of inventory?”. Let’s Start with Safety Stock.

Inventory Reduction 98

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 98

Logistics Bureau

AUGUST 7, 2023

Effective inventory management has become increasingly crucial for businesses in this fast-paced and rapidly evolving era of ecommerce. Moreover, the ecommerce explosion has brought new and unique challenges that complicate inventory management for enterprises selling online.

Inventory Reduction 98

Inventory Reduction eCommerce Inventory Procurement Solutions 98

FreightWaves SONAR

MARCH 8, 2021

The abundant data sources can make the process of assessing the market more difficult than necessary. Shippers and carriers should make more definitive decisions in selecting their data sources. Because data sources matter to assess accurately and objectively the over the road trucking market. . Download the White Paper.

Sourcing Strategies 98

Sourcing Strategies Optimal Sourcing Sourcing Data 98

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. Instead, its merely a common-sense guide to those supply chain KPIs that can best provide actionable data for general management purposes.

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

GlobalTranz

JANUARY 21, 2015

Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. Vendor Managed Inventory Model for Supply Chain Cost Reductions. The distributor maintains the inventory plan. What is Reverse Marketing?

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

EazyStock

OCTOBER 10, 2018

Big data is a term used to describe a massive volume of both structured and unstructured data that’s too large to be processed using traditional database and software techniques. In most enterprise scenarios, the volume of data is too big, moves too fast and exceeds processing capacity of existing applications.

Inventory Reduction 45

Inventory Reduction Supply Chain Planning Software Inventory Modeling Software 45

Ship Monk

AUGUST 21, 2024

There are certain types of data every ecommerce business owner should have at their fingertips to make well-informed decisions. Do you have every piece of data you need to run your brand? Testing Your Data Proficiency There are key questions you can ask yourself at any time to test your brand’s data acumen.

Supply Chain Planning Software 59

Supply Chain Planning Software Data Supply Chain Software eCommerce 59

GlobalTranz

DECEMBER 11, 2014

Today begins our series about electronic data interchange or EDI in transportation. In this series, we will first talk about how EDI in transportation works and what it is, covering the history of EDI in transportation, the definition, how it works technically, and then some common EDI codes used within the transportation industry.

Data 105

Data Transportation Document Inventory Reduction 105

Ship Monk

OCTOBER 30, 2024

Creating products in our system Setting up billing Receiving inventory Configuring SKUs Navigating our 3PL platform Integrating their store And everything in between These are some of our major milestones that get hit on the onboarding journey. A big area that can hold up how quickly things move along is inventory. It really depends.

3PL 64

3PL eCommerce Inventory Webinar 64

IoT World Today

MARCH 27, 2020

Bouncing back more quickly, said experts, will require supply chain managers to turn to new ways of managing the supply chain, including using Internet of Things (IoT) data, analytics and machine learning (ML). An AI system needs to be fed data sets to learn how to behave and react. And again, data quality is a huge concern.

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Procurement Analytics 145

SYSPRO Smarter ERP

MAY 14, 2024

As recently as 2021, survey data reveals that 98% of manufacturers have, are, or are planning to implement an eCommerce strategy. Unifying data across silos: Often, critical business information resides in separate, siloed databases, complicating the task of unifying data for online sales.

Manufacturing Procurement 110

Manufacturing Procurement eCommerce Supply Chain Planning Software Optimization Software 110

SYSPRO Smarter ERP

MARCH 9, 2022

In 1990, technological research and advisory firm, Gartner, created the definition for enterprise resource planning (ERP) as: “an integrated suite of business applications. Many also extend to inventory management, order management, procurement, and production. What is ERP? What is Supply Chain Management?

Supply Chain Planning Software 119

Supply Chain Planning Software Supply Chain Software ERP Manufacturing Procurement 119

GoShip Blog

MARCH 2, 2021

Well-organized inventory management is a must-have for a successful retail strategy. Often, shippers are faced with inaccurate or inconsistent inventory management which leads to overstocking or understocking. . Another crucial tip is to review your inventory management strategy to make sure you are prepared. .

Inventory Reduction 98

Inventory Reduction Waste Reduction Expense Reduction Price Reduction 98

Now, That's Logistics

NOVEMBER 9, 2021

We saw a definite market need for this service, with ecommerce erupting over the last 18 months or so,” said Leo Donatelli, Director, Business Development, Contract Logistics at DB Schenker Canada. They can view inventory levels, see what products are (or aren’t) selling and then use the data for good decision-making.

Supply Chain Planning Software 147

Supply Chain Planning Software Supply Chain Design Software Ordering Optimization Software 147

Logistics Business Magazine

FEBRUARY 6, 2023

Leading London-based robotics and data intelligence company Dexory today announced the launch of their new, enhanced solution DexoryView – a revolutionary new platform that will change the way that warehouses are managed through the power of real-time data. The range of height allows it to scan warehouses of any shape or size.

Data 54

Data Modeling Software Logistics Network Optimization Software Digital 54

Ship Monk

AUGUST 22, 2022

SKUs are vital to inventory management and the success of any business—as pivotal to operations as a binding agent is to a meatball (i.e. A SKU is a code (typically 8 – 12 alphanumeric digits long) assigned to the items in your inventory. Today, we’re talking about SKUs, also known as Stock Keeping Units. What is a SKU?

Inventory Reduction 52

Inventory Reduction eCommerce Inventory 3PL 52

EazyStock

MAY 11, 2021

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC classification (otherwise known as ABC analysis ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

Inventory Reduction 52

Inventory Reduction Inventory How To Procurement Solutions 52

GlobalTranz

MAY 18, 2021

Blockchain : A unique traceability service-ledger that builds immutable blocks of information and prevents all risk of tampering with data. Electronic Logging Device (ELD): Digital device that tracks applicable data for truckers, including drive time, mileage, speed and more. Lane: A move from point A to point B.

Definition 62

Definition Logistics Network Optimization Software Transportation Modeling Software 62

Logistics Viewpoints

MARCH 9, 2023

This is because most classical planning solutions lack the modeling capability and computing power to accommodate different data sources, large SKU count, and detailed constraints and contingencies to build an immediately executable plan. each with discrete plans generated typically in sequential batch runs.

Supply Chain Planning Software 112

Supply Chain Planning Software Supply Chain Software Scenario Planning Optimization Software 112

Logistics Viewpoints

FEBRUARY 28, 2022

Let’s start with a definition: any device that can perceive its environment and takes actions that maximize its chance of success at some goal is engaged in some form of artificial intelligence (AI). It is also worth pointing out, that based on this definition, not all forms of machine learning are particularly complicated.

Supply Chain Planning Software 140

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 140

EazyStock

JUNE 18, 2019

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

Analysis 51

Analysis Inventory Reduction Inventory Procurement Solutions 51

Camelot 3PL Software

JANUARY 14, 2021

But it is possible to reposition inventory to better respond to such events. When inventory has been pre-positioned in readiness for disasters, it can support the third-party organizations that respond and assist communities. It may be impossible to ensure your business or organization is entirely natural disaster-proof.

Inventory 52

Inventory Supply Chain Planning Software How To Procurement Analytics 52

Talking Logistics

JANUARY 2, 2019

Julian notes that a lot of what drives visibility across these categories is data connectivity — that is, gaining access to supply chain data and getting it into your systems to provide useful information. His definition of real-time is instantaneous — knowing exactly what is happening now. That’s expensive.”

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chains Scenario Planning Inventory 78

Ship Monk

OCTOBER 17, 2022

This includes: Matters of inventory management with advanced 3PL software Delivery speed with warehouse locations that bring products closer to customers Fulfillment: Order processing, picking, and packing Optimal shipping costs and options thanks to established relationships with major shipping carriers.

eCommerce 110

eCommerce 3PL Logistics Network Optimization Software Supply Chain Design Software 110

Logistics Bureau

DECEMBER 28, 2024

As a general definition, a 3PL helps a company to get its offering, conceived in place A, into the hands of its customers in place B. The solution is to back up, figuratively speaking, to the general definition of the need and see how overall trends and developments in the world could make this need map onto other, different solutions.

3PL 74

3PL Trends Supply Chain Design Software Industry 74

Turvo

JULY 30, 2021

There has been a definitive increase in the number of shippers working to harness these new TMS functions and capabilities. It Analyzes Data Across the Full Network to Enable Financial Planning and Strategy. It can also enhance forecasting in terms of inventory, transportation, and production plans.

Supply Chain Planning Software 98

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Transportation 98

3PL Links

AUGUST 18, 2023

Everything You Need to Know About Inventory Management | Image source: Pexels Inventory management is a crucial investment for businesses that want to increase productivity, cut expenses, and deliver top-notch customer service. Following that, we’ll define inventory and go over its different types and management methods.

Inventory Reduction 48

Inventory Reduction Inventory Purchasing Skills Price Reduction 48

Turvo

AUGUST 24, 2021

Today, the definition of supply chain resiliency has been changed in ways that have caused ripple effects. Real-time data is critical to the supply chain’s smooth operations day in and day out. Faster communication with automated messaging and data sharing. Data collection and analysis can be accurately applied to the network.

Optimization Software 98

Optimization Software Supply Chain Software Logistics Network Optimization Software Supply Chains 98

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Industries experienced severe operational and financial consequences with issues like supply shortages, supply and demand surges, inventory shortfalls and reduced productivity. It measures the amount of elapsed time from when an order is accepted to when the product is produced and entered into finished goods inventory.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 105

Logistics Viewpoints

SEPTEMBER 13, 2023

C-Suite Themes For the C-Suite, there are three main themes where supply chains make a definitive impact: increased customer retention, revenue growth, and lower costs. This means connecting these different stakeholders and facilitating data sharing that will make the entire supply chain run more efficiently.

Supply Chain Planning Software 123

Supply Chain Planning Software Waste Reduction Optimal Sourcing Supply Chain Software 123

Logistics Viewpoints

AUGUST 15, 2022

A MSCN is a collaborative solution for supply chain processes built on a public cloud – many-to-many architecture – which supports a community of trading partners and third-party data feeds. By ARC’s definition, when a business spend management solution is used for direct procurement it is an MSCN.

Manufacturing Procurement 122

Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 122

3PL Insights

FEBRUARY 17, 2020

Supply chains are subjected to numerous risks including incorrect orders, delayed shipments, inventory loss, and more. This is definitely beneficial to any supply chain as it simplifies and speeds up communication. Supply chains are part of a complex global system where data and information are shared through cyberspace.

Supply Chain Planning Software 90

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 90

ShipLilly

AUGUST 29, 2020

Through the use of the latest inventory management techniques, it is possible to make the process much more efficient. By using an effective inventory storage strategy, it is possible to meet customer requirements. A brief definition of pick and pack methods. What Inventory Storage Strategies can you use?

Packing 98

Packing Picking Inventory Reduction Material Savings 98

GlobalTranz

SEPTEMBER 4, 2015

In a Logistics Viewpoint survey , 50 percent of businesses reported sharing inventory across all channels or engaging in omni-channel practices. Additionally, the overwhelming majority, 98 percent, of businesses reported sharing inventory between online and retail locations. Smartphones Impact Real-Time Data Capture.

Supply Chain Planning Software 106

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 106

Ship Monk

JULY 7, 2022

Minimum Order Quantity Definition. When they encounter an MOQ, they need to consider whether the increased costs of holding inventory will be offset by the savings from purchasing in bulk, and whether they can sell through the inventory before it becomes obsolete. You’ll have to do the calculations, but we can get you started.

Purchasing Skills 98

Purchasing Skills eCommerce Ordering Negotiating Skills 98

MTS Logistics

JANUARY 3, 2023

The definition of normalization is difficult to come by. Once inventory levels are down, importers will be able to make more targeted decisions when to ship cargo by looking at the various arrival dates provided by carriers. Increased pressure to replenish inventories. Transpacific eastbound to U.S.

Negotiating Skills 116

Negotiating Skills Industry Tracking and Tracing Inventory Reduction 116

Automotive Logistics

JANUARY 16, 2018

In any retail business, inventory management is a delicate balancing act. By the time vehicle manufacturers responded to the change, ports and distribution parks were overflowing with unsold vehicles and logistics personnel were scrambling to find places to keep their excess inventory. In Europe, the shift is even more pronounced.

Inventory Reduction 42

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Design Software 42