This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Longer lead times, complex handoffs between logistics providers, data flow between disparate systems…requires a new way of thinking for efficient inventory moves from origin to the final customer efficiently. The post Supply Chain Brain Webinar appeared first on The Logistics of Logistics.
Wholesale Weakness Slowing US Inventory Destocking Show Submenu Resources The Logistics Blog® News Press Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - July 17, 2023 The effort to cut inventories is being slowed as consumers reduce goods purchases, forcing companies to continually rebalance inventory.
These survey results make up the quarterly BlueGrace Logistics Confidence Index, which measures anticipated logistics industry expansion or contraction based on revenue forecasts, inventory levels and order volumes. Although more shippers anticipate revenue fluctuations negatively affecting inventory in Q4 (16.4
Today we will talk about the flow of strategy as pertains to inventory flow and driving warehouse efficiency. Staying Strategic in the Warehouse with Better Inventory Flow. Throughout the entire order fulfillment process, companies have a duty to ensure optimum warehouse efficiency by appropriately controlling inventory flow.
Speaker: Andrew Kurpiel - AmerCareRoyal | Bill Benton - GAINS | Paul Benhamou - Benco Dental
To accomplish this, you must evaluate and act on real-time data. Leading distributors and manufacturers are finding success in today's challenging environment by leveraging data and insights. By targeting inventory investments and regulating service expectations, their inventory optimization activities have improved performance.
It adds that by analyzing revenue forecasts, inventory levels, and order volumes, the index provides industry stakeholders with valuable insights into what to expect in the next quarter and how these trends reflect the freight market. This combination of factors has bolstered revenue expectations despite ongoing economic uncertainties.
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. What Is Supply Chain Big Data? How Does Big Data Improve a Supply Chain?
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.
is the Artificial Intelligence (AI) Supply Chain pioneer that enables companies to optimize their Operations by leveraging their existing Data Systems to increase Output, Quality and Profitability across their entire enterprise. The demand planning process typically involves: Collecting, organizing and preparing data. ThroughPut Inc.
Speaker: Irina Rosca, Director of Supply Chain Operations, Helix
Can we use historical data to plan for demand and design our networks, or is there a better way? If we're going to offer the speed of shipping and variety of inventory that today's customers have come to expect, there are a lot of different questions that need to be asked.
Supply chain leaders are enthralled with the idea of using big data, but they tend to fail to understand how to disseminate big data in their organization properly. True, they may know how to roll out big data in a single warehouse, or they may have heard their competitors used branded systems for implementing this new technology.
Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - May 22, 2024 Brian Straight | Supply Chain Management Review May 21, 2024 More shippers are optimistic the market is stabilizing, even as new data suggests freight shipments continue to decline on a year-over-year basis.
Ahead of the storm, TQL moved emergency supplies, including bottled water, to major retailers’ stores in the impacted area, and provided warehousing and temporary trailer storage for diverted inventory. Now those trucks are not where they thought they were going to be, so now we have to find other trucks there.
In this blog, we’ll explore practical strategies tailored specifically for food and bev shippers, focusing on forecasting methods and inventory management practices that can effectively address retail demand shifts. Food and beverage shippers can achieve this by analyzing historical data and market insights.
No one wants to think about lost warehouse inventory, and it can be organizationally frustrating to determine the best process to find, research, and rectify inventory discrepancies. Discrepancies between the physical and systemic inventory levels can make that job tremendously more difficult. Book Inventory Changes Immediately.
Today we will go into detail on using the available data created in the processing of shipments within transportation management and other related logistics management for continuous improvement. . 6 Benefits of Using the Right Data in Logistics & Transportation Management for Continuous Improvement. Order Processing Capabilities.
Often, teams think they also need plenty of clean and accurate data to do it right. He gathered and looked at the data and would produce a forecast based on previous experiences. He was changing forecasting data upon verification but also based on gut feel. Then we’ll have a more consistent way of getting our data.
What you will learn in this blog: Leveraging Data Analytics For Invaluable Insights Implementing Lean Principles for Waste Reduction Effective Management Of Supply Chain Costs As companies navigate market fluctuations and challenges, effectively managing supply chain expenses becomes pivotal for success.
Mark Derks, BlueGrace Chief Marketing Officer June 23, 2023 In the dynamic and ever-evolving logistics landscape, having access to accurate and timely data is essential. By analyzing revenue, inventory levels and orders, shippers can gain a comprehensive understanding of market dynamics and position themselves strategically for success.
Cassidy | JOC.com September 25, 2023 US shippers uncertain about sales and order volumes this holiday season are likely to increase less-than-truckload (LTL) shipments despite lower truckload rates, data from an industry survey suggests. Everyone is sitting on a tremendous amount of inventory,” Lockard said. months to clear inventory.
Strategic Logistics: 8 Steps to Controlling Inventory Flow & Driving Warehouse Efficiency. 6 Benefits of Applying Useable Data in Logistics For Continuous Improvement. The Use of Data to Create a Successful Transportation Management Program. Unfortunately, data lacks value if not properly cleansed, transformed, and applied.
Today begins our series about electronic data interchange or EDI in transportation. What is Electronic Data Interchange? First we must understand and get on the same page of what is Electronic Data Interchange, or EDI, as it is not only used in the transportation industry. How does Electronic Data Interchange (EDI) Work?
And it added that by analyzing revenue forecasts, inventory levels, and order volumes, it provides industry stakeholders with valuable insights into what to expect next quarter and how that reflects the freight market. For inventories, BlueGrace observed that positive inventory sentiment saw an 11.9% growth rate. growth rate.
LLMs fueling data-driven decision-making LLMs have stormed the tech landscape in recent years, and their applications in supply chain management are nothing short of transformative. The answer lies in data. In the ever-evolving world of logistics, data reigns supreme.
How to Navigate Your Supply Chain During Market Swings Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - November 21, 2023 Market conditions play a crucial role in shaping challenges professionals face when managing their organization’s supply chains.
Q1 optimism seen in BlueGrace Confidence Index Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - December 11, 2023 The recently-released edition of the BlueGrace Logistics Confidence Index issued by Tampa, Fla.-based
Prior to that she was a Program Officer for Health Supply Chains at the Bill & Melinda Gates Foundation and spent six years at Microsoft where she oversaw launch management, inventory management, and innovation. Analyzing data. Key Takeaways: Circular Supply Chains. Circular Supply Chain. Small factory trend or in-door farming.
This is a primary focus of an upcoming FreightWaves webinar this week on Thursday, January 14th, 2020, at 2 PM EST. Panelists for the event are Sudarsan Thattai, Chief Information Office for Lineage Logistics, and Ketan Karkhanis, Turvo’s Chief Product Officer, moderated by FreightWaves’ VP of Sponsored Content, Mary Anne Hensley.
based non-asset-based 3PL BlueGrace Logistics, pointed to variation across some key metrics, including revenue, inventory levels, and order levels, with a forward-looking slant. Markets could be driven by increased consumer demand or increased sales/promotions to clear stagnant inventory, or both.
The good news is that advancements in technology are addressing some of the historical challenges companies have faced in gathering, sharing, and analyzing real-time data from many different systems and trading partners. Matt shared additional examples related to inbound planning and inventory management.
Our recent webinar offered a glimpse of our findings and shared 3 specific areas teams can work on to keep their supply chain out of firefighting mode. The top 3 bottlenecks companies experience tend to be poor internal alignment between departments, raw material and product availability, and inventory levels and management.
In a recent study, MIT found that companies that focus on 5 key initiatives to improve their supply chain data can have a big impact on their bottom line. Obstacles to fully utilizing analytics included inaccurate data , cost, and lack of timely data. Supply chain data initiatives need a top-down mandate.
Data coming from different sensors located at different suppliers from their production and transportation operations, carry a lot of information regarding the quality of production process and timeliness of delivery. At the same time, this data may indicate possible issues in the procurement process, regarding product quality and delivery.
Strategic moves like bulk buying, closer supplier partnerships, and syncing procurement with supply chain planning can tighten inventory, cut waste, and free up cash. A Fortune 500 retailer, for instance, reduced its procurement cycle time by 30% by leveraging an AI-driven tool to analyze supplier data efficiently.
‘ To help businesses demystify this term and implement it effectively, our latest InFocus webinar dives deep into its intricacies. Hosted by Mehul Kapadia, the Chief Revenue Officer at Locus, this webinar provides invaluable insights for businesses, particularly in Asia. Missed the real-time buzz? Insights are just a click away!
Often, teams think they also need plenty of clean and accurate data to do it right. He gathered and looked at the data and would produce a forecast based on previous experiences. He was changing forecasting data upon verification but also based on gut feel. Then we’ll have a more consistent way of getting our data.
A good WMS system has a number of other useful tools for managing orders, inventory, and shipments. Manage Inventory. Inventory is a vital component to your operation. How much inventory are you going to have on hand at a given time? Your WMS can help you with dynamic slotting so you can keep on top of your inventory.
During Covid-related supply chain disruptions, many manufacturers ran out of warehouse space and began stashing inventory wherever there was room. But misplaced inventory can slow or even halt production and delay shipments to customers. Pallet tracking gives you a way to group and manage inventory items.
The internet allows for unlimited scalability and boosted efficiency in warehouse inventory management. The so-called “smart warehouse” takes advantage of these defining factors by connecting systems to streamline inventory management and overall productivity.
Manufacturers have always struggled to obtain the most accurate inventory levels possible. A need for real-time inventory management has arisen, but until now, we didn't have a way to make it a reality. Let’s take a closer look at why such systems have the power to radically change standard inventory management operations.
Things like inaccurate inventorydata, redundant processes and mis-picks all waste time. For example: Your inventory manager likely wants better accuracy of the quantity and location of inventory. To learn more about how you can modernize and improve your warehouse operations, check out this webinar.
Walmart would not have the ability to provide such low prices and have consistent inventory in the over 5,000 stores in the United States and over 1.3 Benefits from its supply chain efficiency result in time savings, more cost-effective inventory management and improved product forecasting, the article said. Decades in the Making.
Things like inaccurate inventorydata, redundant processes and mis-picks all waste time. For example: Your inventory manager likely wants better accuracy of the quantity and location of inventory. To learn more about how you can modernize and improve your warehouse operations, check out this webinar.
This advancement is based on the potential to integrate relevant data at any point in the value chain, define inter-dependencies from the data almost instantaneously, and utilize advanced analytics to develop highly targeted solutions. 11 Improvements by the Deployment of the Internet of Things in the Supply Chain.
We organize all of the trending information in your field so you don't have to. Join 84,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content