Logistics Bureau

JANUARY 20, 2025

Imagine your inventory system automatically placing orders when stock runs low, your warehouse robots picking and packing orders 24/7, and your delivery routes optimizing themselves based on real-time traffic conditions. What are some examples of Supply Chain Automation? What are the benefits of supply chain automation?

Supply Chain Software 75

Supply Chain Software Supply Chain Design Software Supply Chain Design Supply Chains 75

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

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

Logistics Viewpoints

JUNE 10, 2024

I might tell Alexa, for example, “Play the station Smooth Jazz!” Most of the new in-context GenAI solutions have been pre-trained on 200,000 pages of SAP’s training and technical documents. For example, when GenAI is used to write job descriptions, aggregated anonymized customer data can improve the results.

SAP 129

SAP Supply Chain Planning Software Supply Chain Software Optimization Software 129

Logistics Bureau

JANUARY 18, 2025

If you watched the accompanying video, think about Maria’s example of Coca-Cola’s tethered bottle caps – that’s a perfect illustration of how even a seemingly small process change can have massive implications across the entire supply chain. Any Supply Chain Transformation Examples?

Supply Chain Transformation 75

Supply Chain Transformation Supply Chain Software Supply Chains Logistics Network Optimization Software 75

Turvo

SEPTEMBER 3, 2020

A managed inventory depends heavily on teams and leaders that can communicate with each other to avoid operational issues, overstocking, or worse, running out of inventory when the customer is ready to buy. It all makes communication a vital part of maintaining a managed inventory. Think about it.

Inventory Reduction 69

Inventory Reduction Resource Reduction Cost Reduction Inventory 69

SYSPRO Smarter ERP

JUNE 22, 2022

Things like inaccurate inventory data, redundant processes and mis-picks all waste time. For example: Your inventory manager likely wants better accuracy of the quantity and location of inventory. Picking (in batches, by expiry date or by location, for example). Step 3: Develop a plan for ERP.

ERP 98

ERP Supply Chain Planning Software Inventory Reduction Supply Chain Design Software 98

SYSPRO Smarter ERP

JUNE 22, 2022

Things like inaccurate inventory data, redundant processes and mis-picks all waste time. For example: Your inventory manager likely wants better accuracy of the quantity and location of inventory. Picking (in batches, by expiry date or by location, for example). Step 3: Develop a plan for ERP.

ERP 97

ERP Supply Chain Planning Software Inventory Reduction Supply Chain Design Software 97

Logistics Bureau

OCTOBER 20, 2021

Accurate documentation: This metric tracks the percentage of sales orders accompanied by accurate documents throughout the process. Documents included in the metric can vary but usually include advance shipment notifications (ASNs), labels, and invoices. For example, suppose you can see the cycle time reducing.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 98

Logistics Viewpoints

AUGUST 2, 2021

With their transportation visibility solution they were able to see a scorecard that let them proactively see what inventory on a shipment was at risk of arriving late. Once the inbound shipment arrives, inventory is unloaded, and the “hot” inventory is moved to a shipping dock and loaded on the outbound truck.

Digital 104

Digital Supply Chain Planning Software Sourcing Strategies Inventory Reduction 104

GlobalTranz

OCTOBER 21, 2015

It can take months to negotiate a complex SLA/KPI document, as you go back and forth with your logistics provider so the document becomes a “win-win” for both parties. For example: Inventory Record Accuracy has to be 98-100% accurate daily. The more KPIs, the more difficult the negotiation process.

Negotiating Skills 94

Negotiating Skills Optimal Sourcing 3PL Procurement Analytics 94

Conger

JULY 28, 2022

Plenty of examples of warehousing. 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. More insight into inventory levels and better control over goods.

Examples 52

Examples Definition Supply Chain Design Software Supply Chain Software 52

GlobalTranz

MAY 13, 2015

Walmart would not have the ability to provide such low prices and have consistent inventory in the over 5,000 stores in the United States and over 1.3 These are all examples of the effects production may have on the environment, in local communities, or on the people who grow and make what we sell.” Decades in the Making.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

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

Logistics Bureau

NOVEMBER 23, 2020

Three rules are really important in inventory management. Excess inventory. 3) Draft an Inventory Policy. If you don’t have an inventory policy: 1) You won’t get consensus. Three rules are really important in inventory management. Let’s look at an example. Reduce the Inventory, Make Significant Savings.

Inventory Reduction 52

Inventory Reduction Inventory Expense Reduction Supply Chain Planning Software 52

Logistics Viewpoints

JULY 17, 2023

Better systems at customs agencies can lead to increases in cycle times for companies that are not on top of the complex documentation requirements associated with trade. In short, customs compliance must become proactive and strategic rather than just focused on having the proper documentation and accurately paying duties.

Supply Chain Planning Software 97

Supply Chain Planning Software Compliance Supply Chain Software Optimization Software 97

Shipping and Freight Resource

FEBRUARY 4, 2020

Some examples and benefits of digitalisation in shipping are. Whether digital or manual, the business of shipping involves a lot of documentation. Here is a real life example. For example, seafood products are best shipped at -20°C (-4°F) or lower. An exporter secured a loan from a finance company to buy hides & skin.

Freight 98

Freight Supply Chain Planning Software Supply Chain Design Software Modeling Software 98

3PL Links

DECEMBER 10, 2024

For example, less-than-truckload shipping requires 12 linear feet and pallets ranging from one to six, with a maximum of 10 pallets per truck. Small Business Friendly: Not every firm, especially small or starting businesses, has a large enough inventory to fill a whole truck. What Factor Affects LTL Shipping Rates?

Optimal Sourcing 62

Optimal Sourcing Purchasing Skills 3PL Price Reduction 62

Logistics Bureau

JANUARY 26, 2025

This means tracking key metrics like inventory levels, shipment status, and supplier performance. You need documented procedures for maintaining critical operations when things go wrong. For example, if your main distribution center goes down, you should know exactly how to reroute shipments through secondary facilities.

Supply Chains 40

Supply Chains Scenario Planning Maintainability Video 40

GlobalTranz

DECEMBER 11, 2014

According to Wikipedia and EDI Basics , Electronic Data Interchange (EDI) is the computer-to-computer exchange of business documents in a standard electronic format between business partners. EDI was first developed in the 1960s with the objective of speeding the movement of shipping and transportation documents. EDI In Transportation.

Data 105

Data Transportation Document Inventory Reduction 105

Parade

MARCH 3, 2021

And in the example of invoices, the unwieldy process of cross-referencing and auditing means that fraud in the logistics business is all too common. Invoice remediation is especially burdensome for small freight, “less than truckload” shippers that deal with multiple units of inventory, and thus multiple invoices, per shipment.

Supply Chain Software 148

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 148

RPA Labs

NOVEMBER 30, 2021

Monitoring throughput with automation continues as a prime example of a good RPA logistics use case that directly impacts and improves network productivity. ?Managing RPA systems can improve communications, make digital documentation more manageable, and help streamline payment process automation. ?Inventory

Supply Chain Software 85

Supply Chain Software Logistics Network Optimization Software Optimization Software Inventory Reduction 85

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

Logistics Viewpoints

JANUARY 23, 2024

The example they gave me was to understand the yield for a burger with pickles at a QSR. Zebra Technologies and FourKites The Zebra Technologies booth highlighted a number of supply chain-focused partnerships, including an e-commerce packing and sortation conveyor and AI powered inventory management application.

Supply Chain Planning Software 117

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 117

SYSPRO Smarter ERP

JANUARY 16, 2023

If your business has been around for a while, there’s a good chance that you’re still completing inventory counts, picking, packing, and other tasks manually. Processing documents is one of the most time-hungry tasks in supply chains. When it comes to your business’s supply chain , it can be tempting to stick with what works.

Supply Chain Software 105

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Supply Chains 105

Logistics Bureau

MARCH 14, 2018

1: Holding Excess Inventory. Despite years of knowledge dissemination in the warehousing field, encouraging lean practice and inventory reduction, storing too much inventory is still one of the most common warehousing mistakes made by supply chain organizations worldwide. For example, let’s briefly revisit mistake #6….

Warehousing 97

Warehousing Inventory Reduction Cost Reduction Expense Reduction 97

Shipchain

JULY 30, 2020

has built a powerful visibility platform, some example use cases that could be built on top of it are: Digital Freight Marketplaces using Smart Contracts. Robust document management. Tokenized inventory management (using ERC-721x and ERC-20 standards). While ShipChain Inc. Becoming a ShipChain Validator / Node Operator.

Nodes 34

Nodes Logistics Network Optimization Software Supply Chain Software Food and Agriculture 34

Logistics Bureau

DECEMBER 18, 2017

Good inventory management, like everything else, starts with good planning. But planning isn’t just the start; it’s the very foundation of effective inventory control. Inventory planning also happens to be an area that many companies fail to prioritise sufficiently. The Basics of Inventory Planning.

Supply Chain Planning Software 40

Supply Chain Planning Software Inventory Reduction Inventory Scenario Planning 40

GlobalTranz

JUNE 10, 2015

For example, if the receiving department handles the paperwork or incoming shipment incorrectly, the claims department will be unable to collect reimbursement for the damaged shipment. A carrier isn’t going to remove charges because of a holiday for example. #3: We repeat: have your documentation.

Purchasing Skills 100

Purchasing Skills Price Reduction Logistics Network Optimization Software Tips 100

Ship Monk

OCTOBER 17, 2022

This includes: Matters of inventory management with advanced 3PL software Delivery speed with warehouse locations that bring products closer to customers Fulfillment: Order processing, picking, and packing Optimal shipping costs and options thanks to established relationships with major shipping carriers.

eCommerce 110

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

Logistics Viewpoints

JANUARY 25, 2024

Consider a planner in Brazil working with the previous lead time prediction example, who has forgotten how to update the parameters. Sometimes hilarious examples of its “hallucinations” illustrate its failure to understand ( My Dinners with GPT-4 by Justin Smith-Ruiu is one of my favorites).

Supply Chain Planning Software 122

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 122

Logistics Viewpoints

JANUARY 24, 2022

For example, an intervention might consist of a team scooping up the packages at risk at a sort center and putting them in a van that will leave immediately. For example, seven-day ground is cheaper than express deliveries. Trade documentation is needed for international shipments. FedEx will also learn from its failures.

Data 124

Data Logistics Network Optimization Software Packaging Sorting 124

GlobalTranz

JUNE 14, 2017

Inventory Accuracy. It refers to the in-stock or out-of-stock accuracy of supplier inventory. This KPI should be as high as possible, reflecting accurate inventory available for customers from suppliers. Anytime an order is incorrectly picked and identified prior to shipping , it should be documented and tracked.

Procurement Analytics 76

Procurement Analytics Supply Chain Design Software Supply Chain Software Supply Chain Design 76

Logistics Bureau

JULY 18, 2022

As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy. For example, you don’t want to assume that a single logistics strategy and service approach will meet all your customers’ needs. Inventory levels.

Inventory Reduction 98

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 98

Logistics Bureau

NOVEMBER 12, 2024

It’s also important to document any constraints that will impact your plans to meet those objectives. For example, your company’s objective might be to achieve maximum operational productivity, to improve customer service, or perhaps to minimise capital expenditure. Order and picking profiles should be examined too.

Modeling Software 72

Modeling Software Supply Chain Design Software Supply Chain Planning Software Optimization Software 72

Logistics Bureau

OCTOBER 6, 2024

They consider factors like demand forecasts, inventory levels, and production capacities to create efficient production and distribution plans. COA Certificate of Analysis – A document that confirms a product meets its product specification. Examples include food, beverages, cosmetics, and household products.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 75

Logistics Bureau

JANUARY 1, 2025

ABC Analysis: A form of Pareto analysis applied to a group of products to enable selective inventory management controls. The inventory value for each item is obtained by multiplying the annual demand by unit cost and the entire inventory is then ranked in descending order of cost.

Supply Chain Planning Software 76

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

Logistics Viewpoints

NOVEMBER 23, 2020

In supply chain management, it is widely accepted that holding enough finished goods inventory to fulfill every order is just too costly. The thinking goes that at some point, improving service levels means you are not adding inventory in a linear manner but rather exponentially. The company has visibility to demand and inventory.

Supply Chain Planning Software 98

Supply Chain Planning Software Logistics Network Optimization Software Inventory Reduction Manufacturing Procurement 98