Logistics Viewpoints

NOVEMBER 28, 2022

Definitions of agility, resilience, visibility, and end-to-end collaboration are all very much tied together. For example, if a company had built up safety stock, and the inbound supply of components needed to make a product is disrupted, the company can still respond to customer demand without breaking a sweat.

Supply Chain Planning Software 110

Supply Chain Planning Software Scenario Planning Optimal Sourcing Manufacturing Procurement 110

Logistics Bureau

DECEMBER 7, 2024

For example, if you are paying an hourly rate for deliveries, is that necessarily going to create the right behaviour in the transport company to get your deliveries done efficiently? If yours is one of those companies, it might be an idea to look into the latest time definite ocean shipping services that are gaining popularity.

Cost Reduction 97

Cost Reduction Expense Reduction Price Reduction Negotiating Skills 97

ShipLilly

APRIL 19, 2021

Let us begin with key definitions. Definitions. For example, it is too risky for more delicate or fragile products. For example, any box that is at least 50lbs must be palletized under the Amazon FBA contract. The 3PL partners will process all the inbound shipments quickly and there are no additional processing charges.

Packing 98

Packing Cost Reduction Definition Security 98

GlobalTranz

SEPTEMBER 15, 2015

For example, key performance indicators may show live temperatures of climate-controlled LTL shipments, the current routes being used, and when a truck will arrive at a given distribution center. For example, a shipper may conduct daily audits to determine accuracy and accountability for load and dwell times. Operational Intelligence.

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Expense Reduction 93

GlobalTranz

FEBRUARY 23, 2015

″, “disruptive technology” and the “Internet of Things (IoT)” are just a few examples that continue to appear time and again. In its first industry buzzword guide, European Automation has explained ten popular cloud computing terms that are often referred to in technical documents without definition.

Automation 96

Automation Reverse logistics Data Material Savings 96

GlobalTranz

SEPTEMBER 28, 2016

You can read the detailed technical definition here. Here are few examples which I used: Focus Supplier improvement results (DPPM and/or OTD with min. Describe the DMR process, show examples of written DMRs and what is the process for reviewing the corrective actions? How to Track Performance. 50% improvement) min.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 89

Logistics Viewpoints

DECEMBER 7, 2021

E-commerce order volume keeps climbing, straining carrier capacity with shippers sending more parcels outbound and receiving more returns inbound. A growing number of shippers now embrace the gig economy to get orders to customers, for example. Walmart, for example, offers logistics services to competitors.

Price Reduction 110

Price Reduction Cost Reduction Inventory Reduction Capacity 110

Logistics Bureau

MAY 24, 2021

For example, if your cost of goods sold for 2020 was $250,000, and your average inventory on hand was worth $25,000, your inventory turnover ratio would be $250,000/$25,000 = 10, meaning your entire stock of that particular SKU turns over around ten times per year. Using the previous example, dividing 365 days by 10 gives you 36.5

Inventory Reduction 98

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 98

GlobalTranz

SEPTEMBER 4, 2015

For example, e-commerce applications may be used to generate automated order picking, fulfillment, and shipping. Although communication between systems is a definitive marker of how technology is changing the supply chain landscape, it needs an additional data capture, and smartphones are the answer.

Supply Chain Planning Software 106

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

GlobalTranz

SEPTEMBER 16, 2016

There are several definitions of 3PL. Therefore, if your inbound freight delivery specifications are taken care of, 3PL has done its job! In this blog, they discuss everything you need to know about a 3PL business. What is 3PL? These include: . This is because they are able to spread their overheads over several clients.

3PL 101

3PL Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software 101

Trinity Logistics

MAY 24, 2024

For example, some policies may dictate that the truck must travel within a specific radius only and cannot be left unattended unless in a secured lot. Unfortunately, the definition of “secured lot” is wide-ranging and debatable. These shipping requests will often come in as inbound leads rather than relationship leads.

Cargo 112

Cargo Digital Sourcing Strategies Resource Reduction 112

Logistics Viewpoints

APRIL 15, 2021

In my Logistics Viewpoints article in January 2021, “ The New Definition of Supply Chain Agility and Resilience in an Unpredictable World ”, I highlighted that modern supply chains must be built on a foundation of extreme agility and responsiveness. The Crucial Role of Trading Partners.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Software Supply Chains Digital 116

GlobalTranz

DECEMBER 11, 2014

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. For example, Company A may buy goods from Company B. EDI In Transportation.

Data 105

Data Transportation Document Inventory Reduction 105

GlobalTranz

SEPTEMBER 7, 2017

Although its original definition was used exclusively for seafaring transport, modern use of the term can be applied to all shipment modes of transit. For example, the actual line item may be location name of the origin instead of the actual word, origin. What Exactly Is Freight on Board? What Do the Add-On Terms Really Mean?

Freight 82

Freight Cost Reduction Purchasing Skills Expense Reduction 82

GlobalTranz

FEBRUARY 25, 2021

Remanufacturing and refurbishing activities also may be included in the definition of reverse logistics.”. For example, the reverse logistics process includes the management and the sale of surplus as well as returned equipment and machines from the hardware leasing business.

Reverse logistics 84

Reverse logistics Inventory Reduction Manufacturing Procurement Cost Reduction 84

Logistics Bureau

OCTOBER 30, 2017

What’s the definition of warehousing and warehouse? A good definition of a warehouse is “a planned space for the efficient storage and handling of goods and materials”. A good definition of a warehouse is “a planned space for the efficient storage and handling of goods and materials”. The Warehouse Defined. Warehouse Location.

Warehousing 49

Warehousing Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement 49

GlobalTranz

NOVEMBER 10, 2015

For example, reducing excessive safety stock allows a warehouse to minimize number of reorders, reduce wasted space, and avoid issues in shipping errors. Alternatively, a cloud-based solution tends to focus on total number of users or a definitive number of warehouses with an unlimited number of users. Scalability.

Supply Chain Planning Software 90

Supply Chain Planning Software Optimization Software Inventory Reduction Cost Reduction 90

GlobalTranz

APRIL 18, 2018

The exact definition of a smart car varies between manufacturers, dealers and individuals, but it generally describes a compact, fuel-efficient vehicle that utilizes new and innovative technology to make life easier for the driver and passengers. Smart Cars Many consumers already own smart vehicles.

Modeling Software 76

Modeling Software Transportation Industry Trucking 76

GlobalTranz

DECEMBER 17, 2014

While there is a cost associated with EDI integration, it is definitely worth it. For example, on average the cost savings from automating a manually processes purchase order is $9.89, for an invoice is $11.58 The implementation of an EDI integration is incorrectly assumed to be a costly endeavor with little ROI.

Supply Chain Software 93

Supply Chain Software Sourcing Strategies Expense Reduction Cost Reduction 93

GlobalTranz

SEPTEMBER 8, 2017

In its definition, a real or true digital supply chain management goes beyond the conventional hybrid system and makes use of connectivity, system integration and the information-producing capabilities of its key components.

Supply Chain Software 83

Supply Chain Software Supply Chains Digital Waste Reduction 83

AIMMS

JULY 20, 2016

As Laurence Goasduff writes in a recent post , the Brexit is definitely causing supply chain disruption. This will result in more insecurity when it comes to inbound deliveries for production or outbound deliveries to customers, affecting your production times and customer service. Let’s look at an example.

Supply Chains 72

Supply Chains Scenario Planning Price Reduction Inventory Reduction 72

Ship Monk

AUGUST 1, 2024

He is the definition of hard work and he comes in with a smile on his face, willing to help out wherever he is needed. Carlos has proven that he can get sh*t done and is an example for the KY team! These ShipMonkers proved how they can get sh*t done and are amazing examples for the entire KY team! Thank you, Marlon!!

Sorting 59

Sorting Outbound Examples Picking 59

Ship Monk

JUNE 6, 2024

We definitely see a bright future for Kiyon and his development! She gets sh*t done and is the example for the team! He gets sh*t done and is an example for the team! Valeria is the true definition of a Bar Raiser. They both get sh*t done and are examples for the team! Jeff is a great example for his peers!

Outbound 64

Outbound Replenishment Buyer Training Picking 64

GlobalTranz

MAY 9, 2017

This might involve a system like mentioned in the opening example, where drones are deployed and return to trucks while on the road. If the example is scaled down, the AFC could be the size of a modern blimp and hold large pallets of orders for a local area. Understand the traditional definition of warehousing will change.

Supply Chain Software 55

Supply Chain Software Supply Chain Planning Software Supply Chains Automation 55

GlobalTranz

JUNE 3, 2016

Now this type of method can cost you a bit, but the results are definitely worth it. For example, if you run an ad on Facebook, and target down to your target audience, you can easily measure via click through ratio if there is any demand for your business or not.

How To 55

How To Cost Reduction After-sales Purchasing Skills 55

GlobalTranz

JANUARY 19, 2016

For example, a given trucker who drives beyond the hours of service in the ELD could incur stiff penalties and fines from oversight agencies. For example, the shipper may review the shipments size, weight, length of transit, demand, and availability. For example, the IoT has been used extensively in improving warehouse processes.

Trends 53

Trends Transportation Logistics Network Optimization Software Sourcing Strategies 53

Logistics Bureau

JANUARY 1, 2025

However, the classification parameter can be varied; for example, it is possible to use the velocity of turnover rather than annual demand value. For example, accessorial charges might include fees for loading, unloading, palletisation, or depalletisation. It is upon such systems that ABC models are generated and maintained.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 76

GlobalTranz

FEBRUARY 2, 2016

Each of these definitions applies to a manufacturer’s ability to produce a surplus of a product. Imagine if the typical definitions of productive were applied to manufacturing. Doing or achieving a lot: working hard and getting good results. Producing or able to produce something, especially in large amounts.

Manufacturing Procurement 58

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 58

Logistics Bureau

DECEMBER 4, 2024

For example, imagine a chocolate bar: it doesnt make its way onto supermarket shelves on its own, does it? This is usually referred to as Inbound Logistics. So to save you from being permanently confused about supply chain jargon, here are some brief definitions of terms that are often misunderstood.

Supply Chain Design 40

Supply Chain Design Optimal Sourcing Supply Chains Manufacturing Procurement 40

Ship Monk

OCTOBER 17, 2022

This neutral third party acts as the admin and point person for managing the ins and outs of your 3PL order fulfillment situation, as well as all other supply chain partners you may work with (for example manufacturers, freight forwarders, outsourced customer service teams, etc.). Another example is the crucial factor of 3PL software.

eCommerce 110

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

AIMMS

JULY 20, 2016

As Laurence Goasduff writes in a recent post , the Brexit is definitely causing supply chain disruption. This will result in more insecurity when it comes to inbound deliveries for production or outbound deliveries to customers, affecting your production times and customer service. Let’s look at an example.

Supply Chains 62

Supply Chains Price Reduction Inventory Reduction Cost Reduction 62

Logistics Viewpoints

MAY 24, 2021

Across their inbound and outbound supply chains the goods are transported by air, ocean, rail, truckload, less-than-truckload, parcel, and even couriers. For example, in a small drug store there are often only three people on duty – the pharmacist, the technician, and a person at the cash register. domestic deliveries every day.

Optimal Sourcing 72

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Supply Chain Software 72

GlobalTranz

MAY 23, 2016

For example, an insurance claim may require original Bills of Lading, notices of declination of coverage for specific shipments and more for the claim to be paid properly. This definition alone shows how an audit can directly lead to the identification of problems in a given shipping process.

Cost Reduction 54

Cost Reduction Inventory Reduction Freight Purchasing Skills 54

Ship Monk

DECEMBER 5, 2022

COGS is the sum of all direct costs that went into producing or purchasing a product, plus inbound shipping and inventory storage and setup costs. In this example, your ecommerce business is making a profit, but much less than you planned. Assumed Cost (manufacturing + shipping): $50. Profit: $45. Actual Profit (with Landed Cost).

Negotiating Skills 52

Negotiating Skills Purchasing Skills Cost Reduction eCommerce 52

Ship Monk

FEBRUARY 1, 2024

He has absolutely excelled in our pick department, leading by example and putting up insane rates as he does so. Galy is a good example of a team player. Diana is our Inbound problem solver, and is a productivity master. He is an example of maximizing his machine use and constant productivity! Thank you, Galy!!

Replenishment 59

Replenishment Outbound Packing Picking 59

GlobalTranz

FEBRUARY 9, 2016

Based on these definitions, change seems to be the inevitable counterpart of innovation. For example, a supply chain entity deploys new analytics software throughout the entire organization. For example, some supply chain partners have become overly focused on social media, sustainability, and visibility.

Supply Chain Planning Software 54

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 54

Parade

AUGUST 22, 2019

Traditionally, freight brokerages have resorted to one of two short-lived strategies: 1) Forcing technology adoption by cutting off access to old technology, for example, and 2) Gamifying rewards and incentives by issuing lunches, gift certificates, etc. booking more loads in less time, and with ease).

Vendor Strategies 60

Vendor Strategies How To Freight Training 60