SYSPRO Smarter ERP

SEPTEMBER 1, 2022

It’s no secret that manufacturing companies around the world are rethinking their supply chain strategies. With shortages occurring in unexpected sectors and lockdown strategies impacting logistics, companies looked at reshoring to stabilize and strengthen their supply chains.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies Supply Chain Software 105

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

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 116

Global logistics Material Savings Cost Reduction Supply Chain Planning Software 116

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

10xLogistics

DECEMBER 24, 2017

Remember your business classes: The value chain starts essentially at the extraction of raw materials and ends with the consumer (some say it goes through post consumption disposal and return of unconsumed raw materials to Mother Earth. The problem with this strategy is the "crunch" is with the power not with the trailer.

Material Savings 54

Material Savings Logistics Network Optimization Software Strategy Modeling Software 54

SYSPRO Smarter ERP

MARCH 9, 2022

In 1990, technological research and advisory firm, Gartner, created the definition for enterprise resource planning (ERP) as: “an integrated suite of business applications. This, in turn, can improve employee and operational productivity by reducing manual tasks, and saving time, resources, and costs. What is ERP?

Supply Chain Planning Software 119

Supply Chain Planning Software Supply Chain Software ERP Manufacturing Procurement 119

CH Robinson Logistics

MAY 18, 2021

Reverse logistics refers to any portion of the reuse of products and materials in a supply chain. Customer returns also fit this definition and make up a large percentage of reverse logistics concerns that retailers and logistics organizations handle. Risk mitigation – In reverse logistics there is always some risk of value loss.

Reverse logistics 64

Reverse logistics Supply Chain Planning Software Material Savings Inventory Reduction 64

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. Supplier Due Diligence. This represents $3.6 Networks and Sourcing.

Manufacturing Procurement 125

Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 125

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 141

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 141

3PL Links

DECEMBER 2, 2022

The tasks associated with the delivery of raw materials are handled by inbound logistics or supply logistics to guarantee their availability throughout the production process. We will address the following topics in this article: Inbound logistics definition and significance. Duties of inbound logistics. Inbound logistics functions.

Inbound 62

Inbound Sourcing Strategies Material Savings Inventory Reduction 62

Ship Monk

APRIL 28, 2023

In addition to satisfying conscientious consumer demand, eco-friendly efforts can benefit your ecommerce business by reducing waste within your company and improving operational efficiencies. Translation: these ecommerce businesses have operating standards that minimize or reduce negative impact on the planet.

eCommerce 97

eCommerce Waste Reduction How To Material Savings 97

Ship Monk

FEBRUARY 12, 2024

But the best thing you can do for your ecommerce brand really is to reduce how many returns you get. As a result, product pages become your best asset to make sales and reduce returns. Depending on your product you want a description of materials, dimensions, fit, care, etc. How, you may ask? Great question! Think about it.

Inventory Reduction 59

Inventory Reduction Material Savings eCommerce Resource Reduction 59

Ship Monk

JULY 7, 2022

This article will define minimum order quantity, show you some examples, and help you decide if it’s the right strategy for the type of items you sell online. Minimum Order Quantity Definition. All eCommerce brands may encounter minimum order quantities when ordering raw materials. Minimum Order Quantity vs. Pricing Strategy.

Purchasing Skills 98

Purchasing Skills eCommerce Ordering Negotiating Skills 98

SYSPRO Smarter ERP

MAY 15, 2023

Here’s how cloud is changing the ERP channel landscape: New business strategies The Cloud ERP model is fundamentally altering what manufacturers and distributors buy, as well as the role of the partners they buy from. These changes are bringing both challenges and opportunities for partners.

ERP 98

ERP Modeling Software Vendor Strategies Buyer Training 98

3PL Insights

FEBRUARY 17, 2020

More recently, however, a major risk has materialized in the logistics industry – cybersecurity. This is definitely beneficial to any supply chain as it simplifies and speeds up communication. In addition, be sure to regularly back up your files and databases in order to save your data and information in the event of a cyber-attack.

Supply Chain Planning Software 90

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 90

Logistics Bureau

JUNE 14, 2021

Those withstanding the supply chain turmoil were the ones with solid risk mitigation strategies and playbooks in place and investment already sunk into supply chain resilience. Distributing control and power across the workforce, enabling individuals and teams to take definitive actions at the first indication of a threat to the supply chain.

Supply Chain Planning Software 85

Supply Chain Planning Software Optimal Sourcing Supply Chains Inventory Reduction 85

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 124

Supply Chain Planning Software Waste Reduction Optimal Sourcing Supply Chain Software 124

Conger

MARCH 28, 2024

Introduction to Fleet Management Fleet Management Definition Businesses across all sectors depend on commercial vehicles to transport people and products daily from cross-country delivery services to your neighborhood gas and oil provider. It helps in promoting safer driving practices and reducing breakdowns.

Optimization Software 72

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 72

GlobalTranz

JUNE 27, 2016

Reusable packaging goes far beyond just reducing packaging costs. It can affect five key areas of your business in addition to reducing your packaging costs up to 90% in some cases. Some of the information may surprise you because it is not quite as obvious as the apparent savings that are available! Reducing Labour Costs.

Material Savings 56

Material Savings Packaging Waste Reduction Cost Reduction 56

GlobalTranz

JULY 7, 2021

Shippers should understand these layers of logistics and how each brings value to a logistics strategy. These firms facilitate the movement of parts and materials from suppliers to manufacturers and finished products from manufacturers to distributors and retailers. But that definition is no longer registered.”.

4PL 84

4PL 3PL How To Supply Chain Planning Software 84

GlobalTranz

SEPTEMBER 28, 2016

You can read the detailed technical definition here. 3) Reduce Supply Base Risk by the Effective Application of Focused Systemic Improvements and Risk Factor Analysis. . 50% improvement) min.

Supply Chain Planning Software 89

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

ShipLilly

AUGUST 29, 2020

By using an effective inventory storage strategy, it is possible to meet customer requirements. A brief definition of pick and pack methods. In any case, different pick and pack methods are used to reduce mistakes and save resources. What Inventory Storage Strategies can you use? Pick and Pack Methods.

Packing 98

Packing Picking Inventory Reduction Material Savings 98

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 53

Waste Reduction Cost Reduction Inventory Reduction Price Reduction 53

SYSPRO Smarter ERP

JUNE 21, 2022

Securing the supply of raw materials to keep the business going should be the highest priority. It is clear from these definitions that having less than the minimum required stock on hand will result in an inability to meet customer demand. For the business, it is a high-risk strategy for short-term gain with no upside if it fails. .

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Software Supply Chains Optimization Software 105

Material Handling and Logistics

FEBRUARY 19, 2018

Our annual salary survey reveals that the typical material handling and logistics professional earns $93,697. Although material handling is not considered a glamorous role, it is a vital part of the organization. And what does this “typical material handling and logistics manager” look like?

Survey 118

Survey Manufacturing Procurement Materials Handling Optimal Sourcing 118

Logistics Bureau

MAY 24, 2021

It wasn’t long ago that businesses were asking, “By how much can I reduce my levels of inventory?”. It’s a good one to consider, and perhaps an appropriate stimulus for companies to review inventory performance and revise their strategies. How can we adjust our inventory strategy for the post-COVID era?

Inventory Reduction 98

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 98

Logistics Business Magazine

AUGUST 18, 2022

The company thus implements its 2023 SSI Strategy Roadmap, which defines sustainability as one of six focus topics. As the backbone of the globally growing e-commerce industry, we can help our customers make their material flow even more efficient and sustainable by offering them intelligent intralogistics solutions.”.

Material Savings 56

Material Savings Resource Reduction Groups Strategy 56

GlobalTranz

FEBRUARY 23, 2015

Craig Christensen: One of the grandest ideas to come from reverse logistics is the backhaul thus reducing “empty” trips back to the origin. This reduces freight costs of recycling projects, as well as, utilizing materials for reconstructive purposes or profitable recycling efforts.

Automation 96

Automation Reverse logistics Data Material Savings 96

GlobalTranz

FEBRUARY 25, 2021

Reverse logistics refers to all operations related to the reuse of products and materials. Remanufacturing and refurbishing activities also may be included in the definition of reverse logistics.”. Integration with Supply Chain Partners will Improve Your Return Logistics Strategy. Imagine this scenario.

Reverse logistics 84

Reverse logistics Inventory Reduction Manufacturing Procurement Cost Reduction 84

GlobalTranz

JULY 15, 2015

Companies will be able to do predictive maintenance to reduce downtime, better manage their inventories, and also to become more flexible and responsive to changes in market conditions. A SAS survey found that 18 percent of industrial machinery companies have already started to use ‘IoT devices’ to increase production and reduce costs.

Manufacturing Procurement 100

Manufacturing Procurement Digital Supply Chain Design Software Modeling Software 100

Material Handling and Logistics

JULY 26, 2018

As core markets are becoming increasingly saturated, and product margins are under pressure, companies are aligning their supply chain strategies to meet their customers’ heightened expectations. While having a digital strategy is important for any manufacturer today, that’s only half the story.

Webinar 60

Webinar Cost Reduction Industry Modeling Software 60

3PL Links

OCTOBER 10, 2016

You need the sort of tools and strategies that will help you to optimize construction site workflow so that you can focus on what you do best without having to be concerned with issues relating to materials logistics. This will definitely improve workflow at a construction site. Storage / warehousing solution. On-site delivery.

Construction 54

Construction Material Savings How To Supply Chain Planning Software 54

Trinity Logistics

FEBRUARY 2, 2022

The up and down Covid-19 surges, material shortages, increased consumer demand, and more. This includes factoring in China’s zero-COVID strategy, which is likely to continue to disrupt both production and transportation of goods, possibly for the entire year. This is a little harder to do but definitely on the radar.

Supply Chains 118

Supply Chains Scenario Planning Material Savings Cost Reduction 118

Logistics Viewpoints

APRIL 24, 2023

When this visibility is focused on strategic materials, a buyer’s supply chain becomes more agile and reliable. Coupa meets this definition. In its ideal form, these planning processes should help leaders align strategy, financial considerations, and supply chain strategy.

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 111

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 116

Supply Chain Planning Software Supply Chain Software Supply Chains Digital 116

Ship Monk

NOVEMBER 14, 2022

For others, they’re signs of elevated stress levels, which can definitely lead to eating way too many cookies. But when it comes to planning for the holidays, doing it months in advance can save you more than just headaches. For a truly successful ecommerce business strategy, you have to dig a little deeper. Slice of cake.

eCommerce 52

eCommerce Material Savings Inventory Reduction Cost Reduction 52

Logistics in War

NOVEMBER 9, 2019

Everyone in the room is probably quite confident that they have a definition of what a logistician is; whether you agree with one another is another question. Logistics, much like strategy and tactics, is a process or a way of thinking. Defence budgets began to decline, and strategy redeveloped to suit a ‘peace dividend’.

Sourcing Strategies 78

Sourcing Strategies Military Resource Reduction Buyer Training 78