Logistics Bureau

DECEMBER 22, 2024

A KPI is a practical and objective measurement of progress, either: Towards a predetermined goal, or Against a required standard of performance It might help to think of a KPI as something like an instrument on a car dashboarda speedometer, for example. For this reason, KPIs are essential for any business improvement strategy.

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

GlobalTranz

SEPTEMBER 12, 2016

For example, transportation management often focuses on the journey of products after manufacturing. The Definition of Procurement Logistics. Communications Strategy – The communications strategy is how a company decides to make a product available. However, each term covers a different portion of the supply.

Manufacturing Procurement 131

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 131

GlobalTranz

APRIL 22, 2015

Editor’s Note: Almost 14 months ago we wrote one of our most popular posts entitled, “ The History of Supply Chain and Logistics Management ” contained a bit of history, definitions, and a great infographic visually going through the history of supply chain and logistics management. What is a Logistics Framework?

Global logistics 134

Global logistics Material Savings Cost Reduction Supply Chain Planning Software 134

Logistics Bureau

FEBRUARY 4, 2025

Effective lead time management is a critical factor in securing supply chain efficiency and cost control, since lead time represents the total time required for a product or material to move through the supply chain, as measured from the time of ordering to the time of delivery. Why is lead time important?

Supply Chains 49

Supply Chains Manufacturing Procurement Inventory Reduction Scenario Planning 49

Material Handling and Logistics

NOVEMBER 8, 2018

The trouble with this definition is that it doesn’t explain what exactly changes in supply chain management—that is, what gets “transformed”—when digital technologies are adopted. Since there didn’t seem to be a clear definition of digital supply chain transformation available, I developed one from first principles.

Supply Chain Planning Software 134

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 134

AIMMS

SEPTEMBER 10, 2018

Slotting is about product placement and ensuring we have an operation that is as efficient as possible. Those picks are much more efficient than store picks and less disruptive to customers. Image source: Peapod. It’s still pretty early but based on our pilots, there are a few things that we can definitively say.

Sourcing Strategies 62

Sourcing Strategies Supply Chain Software Supply Chain Design Software Optimal Sourcing 62

Logistics Viewpoints

FEBRUARY 28, 2022

Alex Pradhan, Product Strategy Leader John Galt Solutions, told me that “all planning vendors have bold marketing around AI.” 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).

Supply Chain Planning Software 142

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 142

Logistics Bureau

JANUARY 7, 2020

The definition above is not from any textbook, but is one that I am sure you will agree, describes a state of affairs that any corporate leader or business owner would be happy to attain. . Supply Chain Strategy. A properly designed supply chain strategy is an enabler for achieving commercial goals and consequently, corporate success.

Supply Chain Design Software 111

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

Locus

MAY 25, 2022

Take last-mile deliveries for example. Here are seven key strategies that they have used to make it happen. Source: statista.com. Consistently failIng to do so means definitely losing their confidence, which reduces your revenue, and a decline in profitability. And how they have been changing! – Statista, U.S.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategy 52

Logistics at MPEPS at UPV

MAY 23, 2022

It should represent the most efficient method of managing the stocks that will be stored there and the following elements must be included: The warehouse’s interior and external layout, the total number of levels, principal installations and its areas. As an example, here we can see one: Source: [link]. Resources: [link].

Optimal Sourcing 52

Optimal Sourcing Definition Sourcing Strategies Manufacturing Procurement 52

Shipping and Freight Resource

NOVEMBER 17, 2021

Latest release of DCSA’s Just-in-Time Port Call Programme provides interface standards and API definitions for all 50 port call event timestamps. The complete framework of Just-in-Time Port Call standards supports digital port call planning, increased operational efficiency and optimal resource utilisation.

Optimal Sourcing 84

Optimal Sourcing Sourcing Strategies Definition Tracking and Tracing 84

Logistics in War

NOVEMBER 28, 2022

Supply chains are ‘strangling strategy’, with the movement of commodities so significant an issue that logistics is securitising. [1] 2] The integration between military and civilian sources of logistics and support are now extolled as underpinning the ADF’s ability to respond to crises in the future. [3].

Military 110

Military Sourcing Strategies Resource Reduction Operations 110

SYSPRO Smarter ERP

NOVEMBER 3, 2021

The SCOR (Supply Chain Operations Reference) methodology has six high-level business activities that define the supply chain – plan, source, make, deliver, return, and enable. The definition of “on-time” can vary depending on the shipping method and if partial deliveries occur but should be based upon the agreed date. Warehousing KPIs.

Manufacturing Procurement 105

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

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. Transitioning to a digital commerce platform that integrates with your ERP can enable you to meet customers’ self-service requirements, unlock new revenue sources, and deepen customer engagement and loyalty.

Manufacturing Procurement 110

Manufacturing Procurement eCommerce Supply Chain Planning Software Optimization Software 110

The Lean Thinker

MARCH 23, 2023

During the war there was huge growth and turnover within the industrial base as production shifted from civilian products (locomotives, for example) to wartime production (tanks). Job Methods, teaching the skill of analyzing work with an eye to improve efficiency. War Manpower Commission.

Buyer Training 195

Buyer Training Material Savings Course Optimal Sourcing 195

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. For example, are you still a minority owned company?

Manufacturing Procurement 124

Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 124

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. Companies are sourcing materials from all over the world, and need to identify those regions which are most important, and which provide the greatest risk for disruptions.

Supply Chain Planning Software 123

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

3PL Links

DECEMBER 2, 2022

Everything You Need to Know About Inbound Logistics | Source: Picpedia. We will address the following topics in this article: Inbound logistics definition and significance. Strategies for efficient inbound logistics that you can use in your business. Inbound Logistics Strategies. Duties of inbound logistics.

Inbound 62

Inbound Sourcing Strategies Material Savings Inventory Reduction 62

GlobalTranz

MAY 20, 2015

The US quality guru Joseph Moses Juran (born 1904 in Romania ) divides the supplier quality assurance process into nine steps: definition of the product’s quality requirements, evaluation of alternative suppliers. The definition of this metric is similar to the way it sounds. 2: Audit Strategy. Cost of quality.

Procurement Analytics 131

Procurement Analytics Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 131

Talking Logistics

DECEMBER 19, 2018

If you do an online search for “digital transformation definition,” you get about 133 million results, including the following examples: Digital transformation is the application of digital technologies to fundamentally impact all aspects of business and society (Source: InfoWorld ). Source: CIO ).

Digital 84

Digital Optimization Software Optimal Sourcing Logistics Network Optimization Software 84

GlobalTranz

DECEMBER 17, 2014

While there is a cost associated with EDI integration, it is definitely worth it. So, for a direct response marketer, it’s actually more expensive to not have EDI integration, because without it you’re closed off from potential sources of business. Truth: It’s Well Worth the Cost. and a remittance is $12.96.

Supply Chain Software 122

Supply Chain Software Sourcing Strategies Expense Reduction Cost Reduction 122

GlobalTranz

AUGUST 9, 2016

The are the 8 Rights of Lean Transportation thinking: Right Materials, Right Quantity, Right time, Right Place, Right Source, Right Price, Right Quantity, and. Transportation strategy should not drive how and when product is delivered. Transportation strategy and tactics must support Lean inventory strategies.

Waste Reduction 83

Waste Reduction Cost Reduction Inventory Reduction Price Reduction 83

AIMMS

MARCH 8, 2016

Transportation capacity and cost: carriers are more selective about which retailers they work with and parcel pricing strategies are changing. Retailers need to respond with innovative transportation strategies and packaging options, as well as training for employees. Source, make, and deliver reporting to a common leader.

Optimal Sourcing 69

Optimal Sourcing Sourcing Strategies Cost Reduction Inventory Reduction 69

The Lean Thinker

DECEMBER 9, 2022

The work also met every definition of “difficult, dirty and dangerous.” When “trams” (coal carts) were in short supply, for example, the “trammers” would horde carts to optimize their team’s performance at the expense of other teams being limited by the number of carts available.

Modeling Software 259

Modeling Software Optimization Software Expense Reduction Resource Reduction 259

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 84

Trends Transportation Logistics Network Optimization Software Sourcing Strategies 84

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. In fact, it may lead to increased variable costs. It should also be shared downstream.

Supply Chain Planning Software 113

Supply Chain Planning Software Supply Chain Software Supply Chains Digital 113

Logistics Bureau

JANUARY 23, 2017

Still, that’s no excuse for ignoring the progress being made on a transport solution with the potential to drive greater economic efficiency than any other supply chain technology so far imagined. Shippers can easily find space for their goods on a truck using “Convoy”, a form of crowd-sourced freight service.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 94

Logistics Viewpoints

JUNE 29, 2021

I like the simplicity and clarity of Informatica’s definition of data quality: Data quality refers to the overall utility of a dataset(s) as a function of its ability to be easily processed and analyzed for other uses. So, what is quality data? What makes good data go bad? And what can you do to stop it before it’s too late?

Data 109

Data Supply Chain Design Software Supply Chain Planning Software Digital 109

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

Logistics Bureau

OCTOBER 2, 2016

The definition above is not from any textbook, but is simply one that I’m sure you’ll agree, describes a state of affairs that any corporate leader or business owner would be happy to arrive at. Supply Chain Strategy. So if you want to be sure of business success, review your supply chain strategy.

Supply Chain Design Software 99

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

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Supply chain planning involves interaction with different types of information based on internal and external data sources. This includes internal and external data sources.

Supply Chain Planning Software 113

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

Supply Chain Brain

MAY 14, 2018

How, for example, can they distinguish between information that’s relevant to the organization, and that which is useless? A plentitude of open-source communities is also available to offer assistance. By definition, the IoT means access to a wealth of data — along with the possibility of being inundated with it.

Resource Reduction 40

Resource Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 40

AIMMS

MARCH 8, 2016

Transportation capacity and cost: carriers are more selective about which retailers they work with and parcel pricing strategies are changing. Retailers need to respond with innovative transportation strategies and packaging options, as well as training for employees. Source, make, and deliver reporting to a common leader.

Cost Reduction 62

Cost Reduction Inventory Reduction Price Reduction Sourcing Strategies 62

Conger

JULY 30, 2021

In this article, you’ll learn: The definition of omnichannel distribution. Top challenges and the steps for adopting an omnichannel distribution strategy. 4 Steps for Adapting to an Omnichannel Distribution Strategy. To reiterate, an omnichannel strategy will integrate each of these channels. Let’s get started!

Inventory Reduction 52

Inventory Reduction Distribution Vendor Strategies Waste Reduction 52

Shipping and Freight Resource

MARCH 10, 2020

In this article I unpack the difference between Maritime, Shipping, Freight, Logistics and Supply Chain and how it is all connected, starting with some simple definitions of these terms. This management may involve product development, sourcing, production, logistics, and all the system required to coordinate and delivery these activities.

Maritime 134

Maritime Supply Chain Planning Software Supply Chains Manufacturing Procurement 134

Logistics in War

JANUARY 23, 2019

An unprepared military offers political leaders few options, corrupts strategy, is inefficient and ineffective, and poses a national risk. Being definitive about threats or objectives certainly helps in answering the question ‘is the military prepared?’ . – Chief of Army LTGEN Peter Leahy, 2004 [1].

Military 97

Military Resource Reduction Sourcing Strategies Supply Chain Planning Software 97

GlobalTranz

JUNE 2, 2016

Like any outsourced partnership to a service and technology provider, such as in a 3PL relationship, it is vital that all sides are on the same page and speaking the same language in the way of goals, desired outcomes, strategy, and execution for whatever the customer and the outsourced provider are trying to achieve. Who pays for all this?

3PL 83

3PL Manufacturing Procurement Optimal Sourcing Cost Reduction 83