Logistics Viewpoints

MAY 23, 2024

This involves setting up numerous parameters like lead times, inventory levels, production capacities, and demand forecasts, all of which must be adjusted for different scenarios. By aggregating and disaggregating data in a manner similar to existing S&OP processes, ISP ensures consistency and clarity.

Scenario Planning 120

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

Logistics Bureau

DECEMBER 6, 2024

This process involves handling returns, which can be due to various reasons, such as damage, defects, seasonal inventory, restock, salvage, recalls, or excess inventory. They may recall inventory from retailers or reprocess it because it has passed its sell-by date or demand is insufficient. Forecast demand better.

Reverse logistics 74

Reverse logistics Cost Reduction Vendor Strategies Inventory Reduction 74

Logistics Viewpoints

FEBRUARY 2, 2023

Instead of manually entering data at set intervals throughout the month – an after-the-fact exercise prone to errors and omissions – an automated solution captures billable activities correctly in real-time, improving overhead utilization, cost control, and revenue leakage at once.

Supply Chain Planning Software 108

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Negotiating Skills 108

Logistics Viewpoints

JANUARY 13, 2022

Understanding and assessing the tradeoffs between the costs of labor, inventory, transportation, and carbon footprint while going through these pivots will be crucial. Carrying out such design exercises on a frequent basis allows for organizations to pivot quickly to either tackle disruptions or to take advantage of opportunities.

Supply Chain Design Software 122

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 122

ShipLilly

FEBRUARY 8, 2023

Questions about dealing with excess inventory Given what has happened before, it is not entirely surprising that many retailers are contending with elevated levels of excess inventory. This is a trend that is undesirable since excess inventory tends to have a detrimental effect on cash flow.

Inventory Reduction 52

Inventory Reduction Inventory Handling Price Reduction 52

Logistics Bureau

DECEMBER 24, 2024

Merely dealing with the complexity of transport networks, contractors, inventories, industrial unions, and cost control is tough enough for many enterprises, so achieving 98% on-time performance is, for some, just a dream.On It must be a joint exercise. Data speaks volumes in terms of performance. This is a mistake.

Outsourcing 52

Outsourcing Warehousing Negotiating Skills Purchasing Skills 52

SYSPRO Smarter ERP

AUGUST 2, 2023

To contend with these pressures, medical device manufacturers crave actionable, real-time, accurate, and reliable data throughout the entire supply chain. Acquiring and consolidating data can be a formidable task, however, especially when data is scattered across different systems and formats.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 98

Logistics Viewpoints

JUNE 26, 2023

The final goal was to develop end-to-end visibility based on leveraging data analytics. Aera Technology was seen as a convergence point for what Mars Wrigley was doing in data analytics and AI with what the company was doing in supply chain planning. “We The goal of an SCP implementation was to effectively balance demand and supply.

Supply Chain Planning Software 83

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 83

FreightWaves SONAR

JUNE 5, 2023

Lack of data, lack of conviction and lack of organizational agility all conspire to keep companies from recognizing medium-term opportunities and challenges and responding decisively. It’s hard to find good data that provides a view into the next few months of consumer behavior and economic activity.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Data Freight 52

Logistics Viewpoints

OCTOBER 21, 2021

The rapid shifts to eCommerce during the pandemic caused retailers and brand owners alike to flex their network nodes (where goods are made and inventories are stocked) significantly. Design can help test such ideas before implementing changes to the master data. They are designing career paths to retain and grow such talent.

Supply Chain Design Software 102

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 102

Logistics Viewpoints

JULY 22, 2021

As product flows rapidly shifted and hard baked assumptions about lead times and sourcing locations were put to test, users across many organizations bypassed their planning systems and turned to excel sheets, internal data science teams or non-traditional supply chain vendors who could deliver AI based solutions at a faster turn.

Supply Chain Planning Software 113

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Scenario Planning 113

Logistics Viewpoints

MAY 26, 2022

There are lively debates about the meaning and prioritization of scale, globalization, outsourcing, and inventory optimization. Achieving this objective can be complex and challenging, demanding the collection, consolidation, and standardization of data from diverse sources, as well as the ability to analyze and visualize in real time.

Supply Chain Software 134

Supply Chain Software Optimal Sourcing Supply Chain Design Software Logistics Network Optimization Software 134

Logistics Bureau

APRIL 19, 2021

If you’ve never done a benchmarking exercise before, read on. If, for example, you are concerned about the pick rates in your warehouse, or your transport costs, or your inventory accuracy, benchmarking can help you because it can show you exactly where your performance is compared to others in your industry. Informal Benchmarking.

Supply Chains 76

Supply Chains Exercises Picking Video 76

Talking Logistics

JUNE 29, 2017

The first one arrived a few years ago when a growing number of companies started treating supply chain design as a continuous business process instead of a standalone project or a once-a-year exercise. In short, the manufacturer realized some time ago that it was setting inventory policies based on outdated lead time and forecast data.

Supply Chain Design Software 43

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 43

AIMMS

JANUARY 30, 2019

None of the respondents share data across multiple applications to manage inventory, network design and S&OP in an integrated way. Managing data across multiple spreadsheets quickly becomes unmanageable. “Do you currently use advanced analytics to optimize your network?”

Supply Chain Design Software 92

Supply Chain Design Software Supply Chain Software Supply Chain Design Optimization Software 92

Logistics Bureau

DECEMBER 18, 2017

Good inventory management, like everything else, starts with good planning. But planning isn’t just the start; it’s the very foundation of effective inventory control. Inventory planning also happens to be an area that many companies fail to prioritise sufficiently. The Basics of Inventory Planning.

Supply Chain Planning Software 40

Supply Chain Planning Software Inventory Reduction Inventory Scenario Planning 40

Logistics Viewpoints

MAY 22, 2023

A company can choose to maintain a high level of costly inventory to ensure short lead times, and a family can decide to live farther away from work and school but buy a bigger house. Moreover, this exercise might need to be repeated several times depending on how the war proceeds. First comes the data and how well we understand it.

Supply Chain Design Software 103

Supply Chain Design Software Supply Chain Design Supply Chain Software Modeling Software 103

SYSPRO Smarter ERP

JUNE 15, 2022

Manufacturing Operations Management (MOM) together with an ERP system allows manufacturers to collect the data, visualize and analyze it, and make decisions. But to understand how to do that requires information, and therefore the question is how to get accurate data to check that the plant, and the people on the shop floor, are performing?

Optimization Software 98

Optimization Software ERP Material Savings Cost Reduction 98

Logistics Viewpoints

AUGUST 7, 2024

Other basic foundational tasks for setting up a good cybersecurity program include doing a good asset inventory. This all starts with a cyber assessment of the built environment.

Supply Chain Software 119

Supply Chain Software Manufacturing Procurement Logistics Network Optimization Software Automation 119

Logistics Bureau

DECEMBER 19, 2022

A detailed exploration of slotting methodology will come later in this article, but it’s worth mentioning now that slotting should focus on inventory ergonomics (for want of a better expression). It also stands to reason that when you undertake a slotting exercise, you should think about it from the perspective of these activities.

Production 98

Production Inventory Reduction Cost Reduction Resource Reduction 98

SYSPRO Smarter ERP

AUGUST 22, 2022

Challenge: The supply of raw materials and achieving optimum inventory levels. An ERP system built for metal fabricators should provide the ability to integrate data from a CAD system with the rest of the production process like scheduling and Bill of Materials (BOM).

Supply Chain Design Software 105

Supply Chain Design Software Manufacturing Procurement Optimization Software Supply Chain Software 105

Now, That's Logistics

SEPTEMBER 14, 2021

By putting data into the hands of the companies, business partners, and customers that want it, supply chain visibility helps all stakeholders track products from the point of manufacture to the final destination—and all points in between. Break down your data silos. Add a transportation visibility platform to your tech stack.

Supply Chain Software 78

Supply Chain Software Supply Chains Logistics Network Optimization Software Inventory Reduction 78

Logistics Bureau

JANUARY 7, 2020

Pioneered the use of vendor-managed inventory. Implemented cross-docking in its supply network to enable inventory reductions. If your supply chain network design has not been under the microscope, and you care about business success, it’s probably time to consider the benefits of a design review and optimisation exercise.

Supply Chain Design Software 111

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

Logistics Viewpoints

SEPTEMBER 28, 2021

Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility. We should be able to see, with the click of a button, how much product is at the port of destination. And what is sitting in the warehouse. And at the cross-dock. And in the rail car.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 97

Logistics Bureau

JULY 18, 2022

Inventory levels. Once you have gathered the data relating to your customers’ needs, you should be able to see if a single logistics strategy will work for your entire customer base, or whether you need to take a segmented approach. Inventory optimization software. Delivery service levels. Warehouse facilities and proximity.

Inventory Reduction 98

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 98

Logistics Bureau

MARCH 3, 2019

What levels of inventory availability do you require? How fast are your inventory turns? Will your inventory volumes fluctuate much due to seasonality, or only a little? At the wholesaler or distributor level, you might be accessing inventory down to case level and then in the convenience store stock room, individual bottles.

Supply Chain Design Software 103

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Scenario Planning 103

Logistics Bureau

OCTOBER 2, 2016

If your supply chain network design has not been under the microscope, and you care about business success, it’s probably time to consider the benefits of a design review and optimisation exercise. Inventory shortages. Inventory and storage costs. Inadequate inventory management. Long delivery lead times.

Supply Chain Design Software 99

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 99

Logistics Viewpoints

SEPTEMBER 7, 2022

In a conversation with Everstream’s chief data officer, the executive told this writer that the company was using artificial intelligence (AI) and Big Data to solve this n-tier problem. The company had access to huge amounts of trade data, for example. It is not enough to have data; you need the right kind of data!

Supply Chain Software 104

Supply Chain Software Supply Chains Optimal Sourcing Procurement Solutions 104

Logistics Bureau

SEPTEMBER 4, 2023

Supply/Inventory Management Inventory management problems and supplier relationship issues , too, can creep in over time and eat away at your profit margins. That’s far easier to do with solid data to inform you and your customer. Just as some customers are more profitable than others, so are some of your products.

Negotiating Skills 98

Negotiating Skills Purchasing Skills Cost Reduction Analysis 98

Blue Grace Logistics

MARCH 26, 2019

Better planning: Intelligent automation can integrate and streamline transportation planning, route planning, warehouse network, and inventory planning. This will improve decision-making, reduce incidents of miscommunication between users (internal and external), and decrease dependency on other departments for data.

Supply Chain Software 54

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 54

AIMMS

JANUARY 30, 2019

None of the respondents share data across multiple applications to manage inventory, supply chain network design and S&OP in an integrated way. Managing data across multiple spreadsheets quickly becomes unmanageable. “Do you currently use advanced analytics to optimize your supply chain network?

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 62

Logistics Bureau

AUGUST 1, 2022

Often, in our experience, the problem is a human one… It’s not the data, not the process, not the technology, or the strategy, but the people. Pundits typically emphasize data and digital technology when proselytising for the S&OP concept. Inventory turns. But what makes it so challenging to implement S&OP successfully?

Supply Chain Planning Software 98

Supply Chain Planning Software Scenario Planning Operations Supply Chain Design Software 98

20Cube Logistics

MARCH 6, 2022

Fashion brands need to have adequate inventory in hand to serve the customers in a season. The end-to-end visibility that airfreight provides, helps the manufacturers curate a lot of important data pertaining to the sale volume of each type of product, resale value, best sellers et al.

Logistics Network Optimization Software 75

Logistics Network Optimization Software Scenario Planning Supply Chain Software Trends 75

PINC

JANUARY 22, 2020

Here’s a synopsis of his most-read articles for the year and the evergreen insights that he shared with readers: Excess Inventory? The High Cost of The One Percent Inventory Accuracy in Your Supply Chain (Logistics Viewpoints). That’s because most of the inventory management process is still a manual activity,” Yearling points out. “I

Article 10

Article Supply Chain Software Supply Chains Logistics Network Optimization Software 10

Logistics Bureau

FEBRUARY 1, 2025

They’re able to gather feedback from consumers (via direct communication with their store and regional management teams), turn it into demand data, analyse it, and respond by continuously launching new clothing rangeswhich they introduce to market in around a month.

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 75

Logistics Bureau

JANUARY 25, 2017

Data and processes are fundamental to supply chain work. Understanding data and being able to draw actionable conclusions from it, using IT or other tools made available, is a capability of growing importance. Inventory (inventory specialist, vendor-managed inventory/replenishment specialist).

Negotiating Skills 75

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 75

Logistics Bureau

NOVEMBER 14, 2018

Too much leads to resources being monopolised on gathering tons of data and a subsequent risk of “paralysis by analysis” Cost to Serve (CTS) is an approach that helps you avoid both extremes. If profits start to decline afterwards, your CTS data can offer valuable information about what changed and how to get back on track.

Purchasing Skills 93

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 93