Logistics Viewpoints

AUGUST 28, 2024

These passports document all aspects of the life cycle – from the sourcing of raw materials to final disposal or recycling. Information must be collected at each stage of a product’s life, including material sourcing, energy use, and environmental impact. What Components Comprise a Digital Product Passport?

Optimal Sourcing 124

Optimal Sourcing Optimization Software Supply Chain Software Optimization Modeling 124

Logistics Viewpoints

APRIL 13, 2022

Source: Osha Certified Warehouse Worker. As an analyst with a focus on warehouse processes and technologies – my interest lies in understanding the negotiating points – or points of contention between the warehouse workers and the employers. There is a forest of legal documents addressing procedural hurdles. Maybe, maybe not.

Purchasing Skills 109

Purchasing Skills Procurement Analytics Logistics Network Optimization Software Optimal Sourcing 109

Logistics Bureau

JANUARY 20, 2025

Supply chain automation refers to the tools and technologies we can use to make manual tasks automated, reducing the need for human workers. Supply chain automation tools allow you to create a more resilient, efficient, and competitive business. First, there’s the dramatic impact on costs. What is Supply Chain Automation?

Supply Chain Software 75

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

SYSPRO Smarter ERP

MARCH 13, 2025

Efficient inventory management An ERP system allows manufacturers to reduce costs and capital tied up in inventory. Integration of procurement, production and inventory means that purchase orders can be more accurately linked to what is needed for production and what is currently in stock.

Manufacturing Procurement 52

Manufacturing Procurement ERP Optimal Sourcing Supply Chain Planning Software 52

SYSPRO Smarter ERP

MAY 30, 2022

As manufacturers strive to reduce costs while increasing speed, the process of procuring materials, making products, and moving them where they need to be is more complex than ever. Despite this, only 33% of businesses invested in procurement and sourcing technologies. Using ERP to improve purchasing transparency.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 105

CLX Logistics

SEPTEMBER 9, 2022

To meet these demands, shippers need the right supply chain management tools with the flexibility to grow and scale as needed. The right supply chain management tools help not only to enable shippers to provide better customer service and on-time deliveries but also to remain competitive with everyone else in the market.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Procurement Solutions Optimization Software 52

GlobalTranz

JANUARY 21, 2015

As a supply chain director, manager, or boss of a multinational corporation, where the supply chain is an integral part of your business, supply chain cost reductions are always at the forefront of your team’s mind. Vendor Managed Inventory Model for Supply Chain Cost Reductions. What is Reverse Marketing?

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

SYSPRO Smarter ERP

MAY 30, 2022

As manufacturers strive to reduce costs while increasing speed, the process of procuring materials, making products, and moving them where they need to be is more complex than ever. Despite this, only 33% of businesses invested in procurement and sourcing technologies. Using ERP to improve purchasing transparency.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 98

SYSPRO Smarter ERP

AUGUST 1, 2022

A BOM may be a relatively simple document or a complex, multi-levelled product description made from multiple sub-assemblies. An ERP system uses the BOM to calculate the final costs of the product, calculating up from the lower levels. A Bill of Materials (BOM) is a comprehensive list of all the items needed to manufacture a product.

Optimal Sourcing 111

Optimal Sourcing Manufacturing Procurement Material Savings Inventory Reduction 111

WorkWave

OCTOBER 17, 2024

better customer service, faster delivery times, or lower costs). This section should introduce your team and highlight their skills and experience. Final Thoughts: The Importance of Adaptability Your business plan is not a static document. Competitive Analysis : Who are your competitors? Research is key here.

Cost Reduction 52

Cost Reduction Logistics Network Optimization Software Transportation Purchasing Skills 52

Shipchain

FEBRUARY 7, 2019

Additionally, global trade scales are vulnerable to an impending digital documentation revolution, as noted by Kyunghee Park of Bloomberg.com. For shippers to stay competitive with big-box retailers like Walmart along with growing e-commerce vendors, they must think outside the box and cut costs wherever possible.

Logistics Network Optimization Software 112

Logistics Network Optimization Software Supply Chain Software Vendor Strategies Cost Reduction 112

GlobalTranz

JUNE 10, 2015

But, no matter the technology, whether it’s an advanced transportation management system or robotics (which Rethink Robotics is pioneering with Baxter and Sawyer), these are only tools for efficiency and enablement. Those who really needed to select a guaranteed shipment but didn’t choose it may face additional costs.

Purchasing Skills 100

Purchasing Skills Price Reduction Logistics Network Optimization Software Inbound 100

Logistics Bureau

MAY 24, 2019

If you were to tell me that your company had never looked at its supply chain costs and sought to deliver reductions, I would be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supply chain cost reduction, I wouldn’t be surprised at all.

Cost Reduction 77

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 77

Logistics Viewpoints

APRIL 14, 2022

Such a gap is problematic, as it could lead to higher costs, longer cycle times and less resilience. A best-in-class solution must also support your workflows and a full range of processes including purchase orders, forecasting, capacity and inventory collaboration as well as quality management and coordination around supply risk.

Supply Chain Planning Software 113

Supply Chain Planning Software Supply Chain Software Collaboration Supply Chains 113

Logistics Bureau

DECEMBER 9, 2019

Instead, it continues, to include the entire lifecycle of a product, from sourcing of raw materials, to the return and recycling of the product, and reintroduction of recycled materials into the manufacturing or production process. International shipping is complicated, and documentation requirements hard to understand.

Supply Chain Software 111

Supply Chain Software Logistics Network Optimization Software Supply Chains Trends 111

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. The simplified assumptions allow companies “to manage margins, supply chain costs, and inventories”, but “it does not enable them to manage enterprise costs, profit, and working capital.”

Supply Chain Planning Software 129

Supply Chain Planning Software Supply Chain Transformation Scenario Planning Supply Chain Software 129

GlobalTranz

FEBRUARY 27, 2015

As a 3PL who offers a transportation management system we’ve integrated to many ERP software, we view the use of technology as an enablement tool for shippers to cut out unneeded waste and thus add more to the bottom line by saving money from such efficiency. Increased bid competitiveness through pricing accuracy.

Manufacturing Procurement 110

Manufacturing Procurement ERP Logistics Network Optimization Software Procurement Solutions 110

Freightos

JULY 31, 2024

(AI Popup #3) AI Popup #3 Charles Marrale July 31, 2024 Dive deeper into freight data that matters Learn More For anyone who has played around with ChatGPT or Midjourney, it’s now clear that AI has the potential to be an incredible tool for enhancing efficiency and productivity. and has endured several cycles of investment booms and busts.

Logistics Network Optimization Software 71

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Modeling Software 71

GlobalTranz

JUNE 1, 2015

There are programs that emphasize rapid, or low-cost implementation. Overhead costs are excessive (due to systemic disorder). Inventory records, product specs, shipping documents contain errors. enhanced flexibility to accommodate variables in customers’ purchasing patterns. cuts purchasing costs.

Manufacturing Procurement 133

Manufacturing Procurement Inventory Reduction Waste Reduction Cost Reduction 133

Ship Monk

APRIL 26, 2023

2-Day shipping is when ecommerce customers receive their orders within two days of purchase, assuming they click BUY before a specific cutoff time on a given day. Reduce Cart Abandonment Fact: Two of the top reasons online shoppers abandon carts are high shipping costs and slow delivery speeds. Sound simple? conducted $252.14

eCommerce 98

eCommerce Purchasing Skills Eliminating Excel in Purchasing Procurement Solutions 98

SYSPRO Smarter ERP

SEPTEMBER 25, 2024

No-code and low-code tools, also known as application designers, empower non developer end users to build applications and rapidly solve for immediate needs. For instance, designing an application that tracks regulatory requirements, generate necessary documentation, and alerts relevant personnel of upcoming compliance deadlines.

Supply Chain Design Software 98

Supply Chain Design Software Manufacturing Procurement Supply Chain Design Optimization Software 98

Logistics Viewpoints

APRIL 26, 2024

While most of the tech world is focused on new generative AI tools, Amazon has been chipping away at an ongoing challenge posed by modern consumerism: the proliferation of shipping materials. In the court document, the city argues that the ship’s parent company, Grace Ocean Private Ltd., And now on to this week’s logistics news.

Logistics Network Optimization Software 118

Logistics Network Optimization Software Material Savings Supply Chain Planning Software Cost Reduction 118

Logistics Bureau

DECEMBER 3, 2017

SCLA focuses on the practical knowledge necessary to succeed in real-world supply chain management, and therefore is not heavily laced with academic theory, although of course all key concepts, models, and tools are explaine d as part of the program content. Supply chain documentation. What Skills do Your Staff Need to Improve?

Supply Chain Design Software 45

Supply Chain Design Software Purchasing Skills Buyer Training Supply Chain Design 45

Talking Logistics

JANUARY 16, 2018

It has been further spurred by the trend of nearshoring over the last decade, as American companies have relocated their manufacturing facilities to Mexico to take advantage of a skilled workforce, improving infrastructure, and proximity to the United States. In Mexico, the basic Mexican import document is the pedimento de importacion.

Optimal Sourcing 163

Optimal Sourcing Logistics Network Optimization Software Optimization Software Manufacturing Procurement 163

Logistics Bureau

OCTOBER 20, 2021

Perfect order results can help you assess performance and diagnose issues impacting service, costs, and overall supply chain effectiveness. Accurate documentation: This metric tracks the percentage of sales orders accompanied by accurate documents throughout the process. Calculating the Perfect Order. x 0.96 = 0.8661.

Supply Chain Design Software 98

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

EazyStock

SEPTEMBER 25, 2018

In today’s competitive business environment, getting the correct products to the right place at the right time via the most cost-effective manner is paramount for your business’ success. Using every tool available to you will allow for improvement in supply chain functionality, productivity, and profitability.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 78

Freightos

OCTOBER 26, 2020

The following is a 5,000 word exploration of Maersk’s strategic shift to end-to-end logistics services, based on open sources. Oil prices tanked, cancellations increased and Maersk drilling and supply chain services would run up nearly $2 billion dollars in annual losses. Meanwhile, Maersk’s energy business was being hammered.

Logistics Network Optimization Software 134

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Price Reduction 134

WorkWave

FEBRUARY 20, 2024

Grasping the Fundamentals From labor costs that hinge on the median electrician’s pay of $27.36 per hour to ensuring your estimates cover both material costs and overhead, mastery over this estimating process is crucial. So pay close attention to those technical documents; they contain the secrets to maintaining profitability.

Negotiating Skills 52

Negotiating Skills Purchasing Skills How To Modeling Software 52

Logistics Bureau

JANUARY 1, 2025

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. ABC System: A cost management system that maintains operational and financial data relating to an organisations activities, resources, objects, drivers, and measures.

Supply Chain Planning Software 76

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

Blue Grace Logistics

NOVEMBER 10, 2023

Kroll | Inbound Logistics November 2023 “Shippers have to weigh the cost of expediting against the downstream impact of shipments arriving later,” says Kevin Schultz, president and co-founder of 357 Company, a logistics provider. Everyone wants to move things fast until they know what it costs,” Milsom says. 4.

Logistics Network Optimization Software 116

Logistics Network Optimization Software Freight Supply Chain Planning Software Inventory Reduction 116

Logistics Bureau

AUGUST 7, 2023

Inventory Availability and Cost: Striking a Balance It’s rarely a good idea to think too lean in ecommerce inventory management. The challenge, then, is to strike a balance between sufficient inventory levels to ensure availability and costs that won’t threaten the future of your enterprise. Book a free consultation.

Inventory Reduction 98

Inventory Reduction eCommerce Inventory Procurement Solutions 98

GlobalTranz

APRIL 25, 2017

For existing businesses and shippers, this means more competition and demand for lower costs. This involves the combination of data capture, analytic and dashboarding tools to make decisions easier. Ultimately, working with a 3PL lowers total costs and reduces the occurrence of supply chain errors. What About 3PLs Offering TMS?

Supply Chain Software 62

Supply Chain Software Cost Reduction Resource Reduction Vendor Strategies 62

CH Robinson Logistics

OCTOBER 3, 2017

Third party logistics and fourth party logistics (4PL) are both purchased professional services that help businesses plan and execute logistics services. Working with a 3PL can also help lower your transportation costs while driving efficiencies and developing solutions for complex supply chain challenges. 3PL vs. 4PL.

Supply Chain Design Software 84

Supply Chain Design Software 3PL Supply Chain Planning Software Supply Chain Software 84

SYSPRO Smarter ERP

MAY 2, 2024

Why manufacturers should consider AI Generative AI (GenAI) and Machine Learning tools are being added to ERP solutions at a rapid pace, bringing new levels of automation and efficiency to business processes across the manufacturing enterprise. The other emerging area around AI in ERP focuses on trend analysis and forecasting.

ERP 59

ERP Supply Chain Planning Software Modeling Software Optimization Software 59

Conger

FEBRUARY 8, 2024

Refurbishing equipment is a mix of cost savings, equipment availability (whether new or used), and the ability to refurbish equipment, considering component availability. Cost Savings Cost savings is an obvious benefit of refurbishing equipment. Refurbishing can save as much as half of the cost of a new machine.

Cost Reduction 52

Cost Reduction Purchasing Skills Eliminating Excel in Purchasing Material Savings 52

Conger

FEBRUARY 8, 2024

Refurbishing equipment is a mix of cost savings, equipment availability (whether new or used), and the ability to refurbish equipment, considering component availability. Cost Savings Cost savings is an obvious benefit of refurbishing equipment. Refurbishing can save as much as half of the cost of a new machine.

Cost Reduction 52

Cost Reduction Purchasing Skills Eliminating Excel in Purchasing Material Savings 52

Conger

FEBRUARY 8, 2024

Refurbishing equipment is a mix of cost savings, equipment availability (whether new or used), and the ability to refurbish equipment, considering component availability. Cost Savings Cost savings is an obvious benefit of refurbishing equipment. Refurbishing can save as much as half of the cost of a new machine.

Cost Reduction 52

Cost Reduction Purchasing Skills Eliminating Excel in Purchasing Material Savings 52