The Logistics of Logistics

JULY 22, 2022

Increasingly consumers expect same-day, and next-day delivery, which means inventory must be located close to consumers who typically live in urban and suburban neighborhoods. Micro-fulfillment locations are by definition smaller so they must use their space more efficiently. The system is extremely dense and is completely scalable.

Modeling Software 370

Modeling Software Material Savings Supply Chain Software Supply Chains 370

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

Logistics Network Optimization Software eCommerce Logistics 3PL 397

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 124

Inventory Reduction Inventory Purchasing Skills Optimal Sourcing 124

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 119

Supply Chain Software Definition Supply Chain Planning Software Supply Chains 119

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

Inventory Reduction Inventory Supply Chain Software Logistics Network Optimization Software 104

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

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

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 98

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

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

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

Optimal Sourcing Inventory Reduction Inventory Optimization Software 59

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 171

Definition Ordering Inventory Operations 171

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

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

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 130

Optimal Sourcing Optimization Software Logistics Network Optimization Software Sourcing Strategies 130

SYSPRO Smarter ERP

MARCH 25, 2025

A narrow definition of MES is that it serves as a work orderdriven, work-in-progress tracking system that captures information from the production floor and manages and monitors production events and reporting. What is an MES?

Optimal Sourcing 88

Optimal Sourcing Sourcing Strategies Optimization Software Manufacturing Procurement 88

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

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 87

Supply Chains Freight Definition Inventory 87

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.

Inventory Reduction 52

Inventory Reduction Inventory How To Procurement Solutions 52

Now, That's Logistics

NOVEMBER 9, 2021

We saw a definite market need for this service, with ecommerce erupting over the last 18 months or so,” said Leo Donatelli, Director, Business Development, Contract Logistics at DB Schenker Canada. They can view inventory levels, see what products are (or aren’t) selling and then use the data for good decision-making.

Supply Chain Planning Software 147

Supply Chain Planning Software Supply Chain Design Software Ordering Optimization Software 147

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

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

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

Camelot 3PL Software

JANUARY 14, 2021

But it is possible to reposition inventory to better respond to such events. When inventory has been pre-positioned in readiness for disasters, it can support the third-party organizations that respond and assist communities. It may be impossible to ensure your business or organization is entirely natural disaster-proof.

Inventory 52

Inventory Supply Chain Planning Software How To Procurement Analytics 52

MTS Logistics

OCTOBER 18, 2021

Retailers are faced with a new challenge almost every single day and have tried to replenish their inventories relentlessly during this chaos. Inventories at U.S. This Christmas will be definitely better than last year if you think about last year’s stay-at-home orders during holidays.

Purchasing Skills 98

Purchasing Skills Replenishment Definition Inventory 98

Ship Monk

JUNE 9, 2022

A warehouse is a large storage space that holds inventory in bulk. Extremely large eCommerce brands may have their own warehouse space, particularly for excess inventory. Basically, a fulfillment center handles every step to get your goods to the people who bought them, including storing your inventory. Warehousing Solutions.

eCommerce 98

eCommerce Supply Chain Design Software Inventory Supply Chain Design 98

3PL Links

AUGUST 18, 2023

Everything You Need to Know About Inventory Management | Image source: Pexels Inventory management is a crucial investment for businesses that want to increase productivity, cut expenses, and deliver top-notch customer service. Following that, we’ll define inventory and go over its different types and management methods.

Inventory Reduction 48

Inventory Reduction Inventory Purchasing Skills Price Reduction 48