Logistics Business Magazine

SEPTEMBER 30, 2022

The dilemma: in meeting customer demands, both the timely availability of goods and logistics costs need to be taken into consideration. To find optimal solutions, a customer-centric supply chain must be data-driven. Amazon & Co. have led the way.

Supply Chain Design Software 64

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 64

GlobalTranz

MAY 21, 2015

At distribution centers, Walmart uses cross-docking, a process in which product is exchanged between trucks so that each truck going to a retail store has products from different suppliers. Managers should ensure that a firm’s transportation strategy supports its competitive strategy.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Cost Reduction Supply Chains 100

EazyStock

JUNE 24, 2020

It also offers improved efficiencies and powerful data insights, providing a wealth of functionality to help during these difficult times. The era of using spreadsheets to run reports and analyze data is over. It’s now time that inventory management teams did the same. Adding Qualitative Insights.

Procurement Solutions 98

Procurement Solutions Inventory Reduction Inventory Supply Chain Planning Software 98

Logistics Bureau

JANUARY 7, 2020

Such an approach results in unnecessary cost, a lack of resilience, and unwanted challenges in meeting customer service requirements – yet sadly, it’s still the approach most commonly taken. . A disciplined approach to the collection, cleansing, and standardisation of supply chain data. Supply Chain Costs.

Supply Chain Design Software 133

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 133

Logistics Bureau

JANUARY 9, 2019

Such an approach results in unnecessary cost, a lack of resilience, and unwanted challenges in meeting customer service requirements – yet sadly, it’s still the approach most commonly taken. A disciplined approach to the collection, cleansing, and standardisation of supply chain data. Supply Chain Costs.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 118

WorkWave

MAY 30, 2024

Organizations operating under a reactive SRM approach tend to have limited visibility into their supplier relationships and may lack a long-term strategy for supplier management. On the other hand, strategic supplier relationship management involves a proactive and long-term approach to managing supplier relationships.

Negotiate Pricing 52

Negotiate Pricing Vendor Strategies Negotiating Skills Material Savings 52

GlobalTranz

FEBRUARY 24, 2016

Since lean systems have already eliminated waste to a finite degree, the use of mobility can further increase cost savings and reduce demands on the system by making information and data available across a given enterprise. Take a look at how mobility in manufacturing empowers lean manufacturing systems. What’s Next?

Waste Reduction 53

Waste Reduction Inventory Reduction Cost Reduction Resource Reduction 53

SYSPRO Smarter ERP

DECEMBER 16, 2024

Supplier management This involves the processes for monitoring and evaluating suppliers based on a set of standards. These standards establish clear guidelines and expectations for suppliers to follow. Visibility throughout the value chain is necessary to ensure quality and to remain compliant.

ERP 52

ERP Compliance Manufacturing Procurement Tracking and Tracing 52

EazyStock

JULY 17, 2020

At the heart of such a model is the need for operational transparency and data-led decision-making. Here’s some ideas on how to make this happen… Supplier Management in a Post COVID-19 Market. Supplier Communication. These relationships rely on three key pillars: data, communication and transparency.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 52

Logistics Business Magazine

NOVEMBER 15, 2021

This is frustrating because supply chains are well positioned to assist in meeting sustainability goals. Greater visibility and interrogation of supply chains, as well as lowering inefficiencies and emissions through smart data utilisation, must be the first port of call.

Waste Reduction 48

Waste Reduction Supply Chain Software Modeling Software Cost Reduction 48

SYSPRO Smarter ERP

APRIL 4, 2024

On the shop floor we see challenges around scheduling to meet delivery requirements, managing the utilisation of capital intensive equipment with small production runs reducing efficiency and creating bottlenecks. Managing varying resource availability while meeting customer orders requires effective planning and scheduling.

Manufacturing Procurement 52

Manufacturing Procurement ERP Supply Chain Planning Software Ordering 52

CLX Logistics

FEBRUARY 22, 2024

From streamlining sourcing and supplier management to optimizing contract negotiations and spend analysis, AI and ML offer various capabilities that can revolutionize procurement management operations and drive sustainable value creation.

Optimal Sourcing 52

Optimal Sourcing Procurement Supply Chain Software Negotiating Skills 52

EazyStock

JANUARY 6, 2023

A key element is setting the right safety stock levels to meet unexpected spikes in demand without tying up unnecessary capital. This will also enhance customer experience as you’ll have enough stock to meet customer demand. It can also make it harder for suppliers if you realize you’ve underestimated and need an urgent order.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

EazyStock

JANUARY 6, 2023

A key element is setting the right safety stock levels to meet unexpected spikes in demand without tying up unnecessary capital. This will also enhance customer experience as you’ll have enough stock to meet customer demand. It can also make it harder for suppliers if you realize you’ve underestimated and need an urgent order.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

Logistics at MPEPS at UPV

MAY 18, 2017

Access to technical data. Failure to meet design milestones. Planning data accuracy. Supplier relationship management. Contract/supplier management availability and expertise. Supplier development and continuous improvement Supplier communications. Poor specifications. Cost/profit.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 40

EazyStock

NOVEMBER 6, 2020

In both cases it makes sense to ensure you’re holding the right products in the right volumes to meet demand without carrying too much to take up valuable warehouse space. When profit margins are tight, getting your carrying costs as low as possible can have a significant impact on overall profitability.

Inventory Reduction 40

Inventory Reduction Purchasing Skills Optimal Sourcing Inventory 40

EazyStock

MARCH 3, 2022

It’s critical to find the right balance between meeting demand without over-investing in unnecessary stock. To get precise forecasting, you should combine historical sales or demand data ( quantitative forecasting ) with market knowledge of potential fluctuations ( qualitative forecasting ).

Inventory Reduction 52

Inventory Reduction Inventory Supply Chain Planning Software Cost Reduction 52

3PL Links

AUGUST 18, 2023

3 main goals of inventory control are as follows: Increase service quality or the ability to meet demand by keeping inventory on hand. The supplier manages every aspect of the process, so the retailer need not worry about product storage, management, or shipment. How much to supply? And when to supply?

Inventory Reduction 48

Inventory Reduction Inventory Purchasing Skills Price Reduction 48

Log-hub

SEPTEMBER 17, 2024

Inventory management ensures that the right amount of inventory is available at the appropriate moment, minimizing excess stock or shortages. When inventory falls below its minimum level, an order is placed to replenish it to its maximum level, guaranteeing there is always enough stock to meet demand without overstocking or shortages.

Inventory Reduction 40

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 40

Conger

DECEMBER 13, 2022

Note: If you can't find a local supplier, use the large ordering strategy: Placing larger orders but less frequently to keep more inventory on hand. Consolidate Suppliers. Managing lead times demands more than just managing your suppliers. Full control over your customer service and lead time management.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Vendor Strategies Waste Reduction 52

Automotive Logistics

APRIL 27, 2018

Data also shows positive results in other vehicle segments. OEMs such as General Motors (GM), Jaguar Land Rover (JLR) and MAN Latin America as well as LSPs such as Penske, DHL and FedEx are shifting gear to meet the rising demand. to 327,851 units for the first two months of this year, versus the same period a year ago.

Supply Chain Planning Software 31

Supply Chain Planning Software Logistics Network Optimization Software Optimization Software Supply Chain Software 31

Logistics Bureau

DECEMBER 7, 2024

Supplier performance is critical to business success, yet it remains one of the most challenging aspects of supply chain management. Can you really manage supplier performance, or are you limited to simply monitoring and hoping for the best?

Tips 88

Tips Price Reduction Vendor Strategies Supply Chain Planning Software 88

Logistics Bureau

NOVEMBER 3, 2024

Such an approach results in unnecessary cost, a lack of resilience, and unwanted challenges in meeting customer service requirements – yet sadly, it’s still the approach most commonly taken. That means the customer must be a primary focus when considering supply chain strategy, network design, and performance management.

Supply Chain Design Software 88

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 88

Logistics Viewpoints

JANUARY 8, 2025

Labor Standards: There was a focus on reducing regulatory burdens on employers, including revisiting wage and hour laws, which affected workforce management across supply chains. Supplier Management Challenges: Companies may need to audit and vet suppliers more rigorously to ensure compliance with environmental, labor, and trade regulations.

Supply Chain Planning Software 167

Supply Chain Planning Software Compliance Supply Chain Software Supply Chains 167

Logistics Bureau

OCTOBER 4, 2018

When a KPI shows that performance is consistently meeting or exceeding the required level, you can decide to raise the bar and set a higher standard to aspire to. Inventory management. Purchasing and supplier management. KPIs should be actionable, providing timely, accurate data that owners can interpret and utilise.

Supply Chain Design Software 91

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 91