The Logistics of Logistics

FEBRUARY 3, 2023

They are the definitive industry experts in the world of apparel fulfillment. These solutions shorten their clients’ order to cash cycle time, provide flexibility they need to proactively manage their inventory, and reduce chargebacks.

Logistics Network Optimization Software 397

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The Logistics of Logistics

OCTOBER 26, 2020

The definitions are confusing because the space is so dynamic and ever-changing. Vendor Managed Inventory. Inventory Management. Non-asset based – companies that don’t own assets like brokerages, service providers, etc. these companies tend to invest in technology. Asset light – companies with assets and brokerage capabilities.

3PL 370

3PL Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software 370

Logistics Viewpoints

JULY 6, 2022

I did a little digging to find out the specifics about excess inventory, the stated causes, and the potential implications. Retailers’ Inventories – Just Keep your Returns? Unfortunately, I am unsure about the order of magnitude or the duration of these inventory mismatches. Here’s my take on the topic.

Inventory Reduction 120

Inventory Reduction Inventory Purchasing Skills Optimal Sourcing 120

Ship Monk

JANUARY 16, 2024

Are you experiencing frequent inventory discrepancies , or wishing you had a better handle on forecasting demand? If you answered yes to any of these questions, it may be time to upgrade to a perpetual inventory management system. What is a Perpetual Inventory System? Let’s start with a few definitions.

Inventory Reduction 104

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Trans Global Auto Logistics

MARCH 31, 2020

Read on to learn about the true definition of logistics as it applies to your cargo, then find out how Trans Global Auto Logistics can help you. Cargo logistics ensure that your shipment will be professionally inspected, inventoried, packed, and stored on its way to its destination. The Basics of Logistics for Your Cargo.

Definition 87

Definition Cargo Logistics Freight forwarding 87

Logistics Viewpoints

JANUARY 26, 2021

The definition of agility and resilience will continue to evolve. The creation of a new digital ecosystem has enabled these and other changes that will shape the definition of supply chain agility and resilience in the 2020s and beyond. There are Also Commercial Reasons. The Road to Agility and Resilience.

Supply Chain Software 114

Supply Chain Software Definition Supply Chain Planning Software Supply Chains 114

EazyStock

JULY 22, 2021

Demand forecasting techniques play a critical role in inventory management. However, producing an accurate inventory demand forecast is no mean feat. But first – let’s get a definition: What is inventory demand forecasting? The Importance of Accurate Inventory Forecasting. Inventory Forecasting: Demand Types.

Inventory Reduction 105

Inventory Reduction Inventory Optimization Software Procurement Solutions 105

Logistics Bureau

AUGUST 7, 2023

Effective inventory management has become increasingly crucial for businesses in this fast-paced and rapidly evolving era of ecommerce. Moreover, the ecommerce explosion has brought new and unique challenges that complicate inventory management for enterprises selling online.

Inventory Reduction 98

Inventory Reduction eCommerce Inventory Procurement Solutions 98

EazyStock

OCTOBER 20, 2020

Inventory Control Techniques that use Stock Optimization Best Practices. There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. Firstly, let’s get a few definitions: What is inventory control? 6 Inventory Control Techniques to Optimize Stock Levels.

Inventory Reduction 98

Inventory Reduction Optimization Software Inventory Optimization Modeling 98

Logistics Bureau

JANUARY 30, 2025

This is made up of several different components: Order Fulfillment is where it starts – this includes receiving inventory, storing products, picking items when orders come in, and packing them for shipping. Inventory Management involves maintaining optimal stock levels across warehouses.

Definition 68

Definition eCommerce Logistics Network Optimization Software Optimization Software 68

Logistics Bureau

MAY 24, 2021

Among the universal challenges that the COVID-19 pandemic has imposed upon the supply chain management profession is the question of inventory, specifically, “how much is enough?”. It wasn’t long ago that businesses were asking, “By how much can I reduce my levels of inventory?”. Let’s Start with Safety Stock.

Inventory Reduction 98

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SIPMM Professional Publications

OCTOBER 15, 2019

But doing so efficiently creating a discipline around inventory control is definitely […]. The post Essential Techniques for Inventory Control of Laboratory Equipment appeared first on SIPMM INSTITUTE. Monitoring consumable products, reagents, lab equipment, and instruments could be a big job.

Inventory 74

Inventory Definition Availability Efficiency 74

The Logistics of Logistics

JUNE 23, 2022

In addition, retailers are struggling to move inventory initially ordered in the first quarter of 2022 to make way for back-to-school and holiday merchandise. The peak season definition is a continued evolution of the seasons in transportation. Bottlenecks from future COVID-19 variants are possible. When and What Is Peak Season ?

Supply Chain Planning Software 445

Supply Chain Planning Software Scenario Planning Cost Reduction Material Savings 445

The Logistics of Logistics

SEPTEMBER 12, 2020

The department educates students to succeed in careers such as procurement, manufacturing, inventory management, warehousing, transportation, and customer service. Supply Chain Definition. Inventory management. The business world views Broad’s graduates and faculty as the voice of the SCM field. Forecasting. Service design.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chains 195

SYSPRO Smarter ERP

OCTOBER 7, 2020

The definition of ERP Before we define ERP, let us start with the acronym which stands for Enterprise Resource Planning. At a fundamental level, ERP brings together customer management, human resources, business intelligence, financial management, inventory, and supply chain […]. appeared first on SYSPRO US.

ERP 124

ERP Supply Chain Planning Software Supply Chain Software Definition 124

GlobalTranz

JANUARY 21, 2015

Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. Vendor Managed Inventory Model for Supply Chain Cost Reductions. The distributor maintains the inventory plan. What is Reverse Marketing?

Vendor Strategies 96

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EazyStock

MARCH 4, 2021

How to Increase Inventory Turnover with Inventory Optimization. The concept of inventory optimization helps many businesses improve their inventory turnover – without damaging stock availability. This post will explain how, but first, let’s deal with a few simple definitions. Prioritize your inventory.

Optimal Sourcing 59

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Logistics Bureau

DECEMBER 6, 2024

Well, as Logistics Bureau has decades of experience in the industry, we’re in a pretty good position to give you a definition of what logistics really is. Internal transport, storage and inventory management are all relevant parts of the the production process. So what is logistics? What is Logistics?

Manufacturing Procurement 75

Manufacturing Procurement Logistics Network Optimization Software Supply Chain Planning Software Sourcing Strategies 75

The Lean Thinker

JUNE 13, 2019

” Where this gets sticky is that there isn’t any canonical definition of either term. To that end, we have created some guidelines for the layout and movement of work; limits on work-in-progress inventory, etc. In other words, what is the difference between a “target” and a “target condition?”

Definition 170

Definition Ordering Inventory Operations 170

Ship Monk

OCTOBER 30, 2024

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.

3PL 64

3PL eCommerce Inventory Webinar 64

Logistics Bureau

DECEMBER 22, 2024

In many cases, your distribution operation will incur unwanted costs to manage returns of damaged items and deliver replacements to the customers (not to mention the cost of writing off damaged inventory). Inventory Days of Supply This KPI tells you the number of days your inventory would last without replenishment, before running out.

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

The Logistics of Logistics

NOVEMBER 15, 2021

The definitions are confusing because the space is so dynamic and ever-changing. Vendor Managed Inventory. Inventory Management. Non-asset based – companies that don’t own assets like brokerages, service providers, etc. these companies tend to invest in technology. Asset light – companies with assets and brokerage capabilities.

Logistics Network Optimization Software 195

Logistics Network Optimization Software 3PL Supply Chain Planning Software Supply Chain Design Software 195

Logistics Viewpoints

NOVEMBER 5, 2014

Supply chain management is a critical function at any business that involves production, distribution, or inventory management. But being a critical function does not make it strategic in the traditional Michael Porter definition of providing a unique, valuable and sustainable competitive advantage.

Supply Chains 98

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MercuryGate

APRIL 25, 2023

Improved shipment visibility solves many challenges, but the “visibility” definition remains debatable and often case-specific. The post Shipment Visibility Benefits Improve Freight Flow and Inventory Management appeared first on MercuryGate International.

Inventory 52

Inventory Freight Definition Logistics 52

GoShip Blog

MARCH 2, 2021

Well-organized inventory management is a must-have for a successful retail strategy. Often, shippers are faced with inaccurate or inconsistent inventory management which leads to overstocking or understocking. . Another crucial tip is to review your inventory management strategy to make sure you are prepared. .

Inventory Reduction 98

Inventory Reduction Waste Reduction Expense Reduction Price Reduction 98

Conger

JULY 28, 2022

Looking for a private warehousing definition? This allows companies to keep a closer eye on inventory levels, product flows, and shipping. A higher degree of control over inventory management, such as space utilization, inventory tracking, and team management. Department of Interior. Department of Energy.

Examples 52

Examples Definition Supply Chain Design Software Supply Chain Software 52

Logistics Viewpoints

NOVEMBER 29, 2023

ARC’s definition of omni-channel fulfillment is end-delivery centric. There are five major technologies included in the study: warehouse management systems (WMS), transportation management systems (TMS), distributed order management (DOM), inventory optimization/store replenishment, and demand planning.

Optimal Sourcing 126

Optimal Sourcing Optimization Software Logistics Network Optimization Software Sourcing Strategies 126

GlobalTranz

MAY 18, 2021

Just in Time (JIT): Manufacturing system which depends on frequent, small deliveries of parts and supplies to keep on-site inventory to a minimum. The post The Definitive Guide to Transportation and Logistics Terminology appeared first on GlobalTranz Enterprises, LLC. Lane: A move from point A to point B.

Definition 62

Definition Logistics Network Optimization Software Transportation Modeling Software 62

Ship Monk

SEPTEMBER 19, 2022

Back then you didn’t need to know about holding costs because Mom and Dad let you store your inventory for free. What is Inventory Holding Cost? Holding cost (or carrying cost) by definition, is the cost of holding inventory in a warehouse until it is sold or removed. carrying costs, and needed to learn what those are.

Inventory Reduction 52

Inventory Reduction Cost Reduction Purchasing Skills Inventory 52

EazyStock

MAY 11, 2021

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC classification (otherwise known as ABC analysis ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

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Talking Logistics

SEPTEMBER 26, 2022

I have long argued that companies need to expand their definition of supply chain visibility. It goes well beyond tracking shipments, orders, inventory, and assets in motion.

Supply Chains 85

Supply Chains Freight Definition Inventory 85

SYSPRO Smarter ERP

MAY 14, 2024

Keeping track of inventory and order management: Keeping track of inventory and managing orders across multiple channels are major challenges, particularly when existing systems are not equipped for real-time updates or integrated operations.

Manufacturing Procurement 110

Manufacturing Procurement eCommerce Supply Chain Planning Software Optimization Software 110

Ship Monk

AUGUST 22, 2022

SKUs are vital to inventory management and the success of any business—as pivotal to operations as a binding agent is to a meatball (i.e. A SKU is a code (typically 8 – 12 alphanumeric digits long) assigned to the items in your inventory. Today, we’re talking about SKUs, also known as Stock Keeping Units. What is a SKU?

Inventory Reduction 52

Inventory Reduction eCommerce Inventory 3PL 52

Ship Monk

MARCH 6, 2023

Outsourcing inventory and order fulfillment to an experienced 3PL is the natural next step for a growing business. Keep reading to see if outsourcing is right for you with this definitive 7-point checklist! Inventory outsourcing to a 3PL fulfillment center removes all the guesswork.

Inventory Reduction 52

Inventory Reduction Outsourcing Inventory 3PL 52

The Lean Thinker

MARCH 9, 2020

In that post I told a true story of a company that placed very heavy emphasis on reducing inventory levels without digging into how that performance was achieved. The story I cited above about inventory levels is a great example. I can make my defect rates improve by altering the definition of “defect.”

Cost Reduction 195

Cost Reduction Price Reduction Inventory Reduction Material Savings 195

Logistics Bureau

FEBRUARY 4, 2025

If youd like to improve your knowledge and understanding of lead time in the supply chain, youll find a wealth of information packed into this brief post, and learn why lead time management is essential to improve customer satisfaction, optimise your inventory, and reduce your supply chain costs. What is Lead Time and Why Does it Matter?

Supply Chains 49

Supply Chains Manufacturing Procurement Inventory Reduction Scenario Planning 49

Logistics at MPEPS at UPV

MAY 23, 2022

Rotation of products (how frequently different sorts of commodities in the inventory must be replaced over time). As factors that influence the warehouse layout plan, the following ones should be determined: Merchandise flow in the warehouse (the sequence of actions required by stocks or the manufacturing process).

Optimal Sourcing 52

Optimal Sourcing Definition Sourcing Strategies Manufacturing Procurement 52