Logistics Viewpoints

JUNE 8, 2022

At that time, I wrote about the COVID pandemic, and how similar events occur that elevate the uncertainty of the market. These events make accurate forecasting very difficult. For example, interest rate hikes tend to deter lower priority investments and those that require debt financing. Review of Prior Impactful Events.

Scenario Planning 126

Scenario Planning Analysis Events Purchasing Skills 126

The Logistics of Logistics

JULY 29, 2021

As consumers increasingly choose to have their purchases delivered to their homes, retailers and ecommerce companies are faced with a decision – use delivery services like DoorDash, Instacart, and Shipt to manage the delivery or manage the delivery internally. Via ’s platform enables their customers (retailers, last mile carriers, etc.)

Logistics Network Optimization Software 195

Logistics Network Optimization Software Procurement Solutions Government Efficiency 195

Logistics Bureau

FEBRUARY 4, 2025

For example, the longer it takes to complete specific process cycles in the supply chain, the more resources are required to execute those cycles. It defines the time that will elapse between raising a requisition or purchase order for a material and the materials physical arrival at your production facility.

Supply Chains 49

Supply Chains Manufacturing Procurement Inventory Reduction Scenario Planning 49

Logistics Viewpoints

MARCH 27, 2023

Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. Machine learning also makes it possible to make more granular forecasts – for example, instead of forecasting demand for the company’s products in the Eastern Region of the U.S.,

Supply Chain Planning Software 110

Supply Chain Planning Software Scenario Planning Optimal Sourcing Supply Chain Software 110

Logistics Viewpoints

AUGUST 16, 2023

These come from using gasoline for driving a car or coal for heating a building, for example. For example, the Inflation Reduction Act (IRA) was signed into law a year ago this week. The instances of extreme weather events continue to grow on a yearly basis. Clearing land and cutting down forests can also release carbon dioxide.

Supply Chains 98

Supply Chains Resource Reduction Manufacturing Procurement Sourcing Strategies 98

Logistics Viewpoints

SEPTEMBER 22, 2023

A notable example of greenwashing is when McDonald’s introduced paper straws to reduce plastic pollution. With Apple’s big event last week, the company claimed that the new Apple Watch will be carbon neutral. Unless the new Watch has been designed to suck CO2 directly from the atmosphere, he jokes, it’s not actually carbon neutral.

Material Savings 119

Material Savings Logistics Network Optimization Software Waste Reduction Supply Chain Planning Software 119

Logistics Viewpoints

FEBRUARY 11, 2021

At the same time, the Chief Purchasing Officer (CPO) has taken on a pivotal role by securing Personal Protective Equipment (PPE) to protect the workforce and direct materials when primary sources fail. As an example, the new administration in the U.S. This calls for a constant review and changes in supplier mix.

Manufacturing Procurement 120

Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies Procurement Solutions 120

GlobalTranz

AUGUST 5, 2015

Let’s take a look into how RMAs function and some common examples of RMA policy. For example, a business may sell 1,000 items online or for remanufacturing companies who have core returns, and 25 percent of such items are sent it for returns due to a manufacturing defect. Common Examples of RMA Policy. Product Quality.

Resource Reduction 90

Resource Reduction Vendor Strategies Reverse logistics Cost Reduction 90

Logistics Viewpoints

APRIL 1, 2021

Here are some examples of such use cases. Based on this intelligence, they can in turn collaborate with sourcing to create events in consideration of supply chain needs. Such sourcing events can be in the context of direct materials or logistics capacity.

Optimal Sourcing 118

Optimal Sourcing Manufacturing Procurement Procurement Analytics Supply Chain Planning Software 118

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

It ties into the ERP system where quotes and purchase orders are managed. Running a warehouse as a silo, for example using a spreadsheet, will not help sales when a customer asks for a quote, or the shop floor if they need to know what materials are available for a production run. The pandemic has caused a supply shock.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software ERP Manufacturing Procurement 115

Logistics Viewpoints

MAY 3, 2021

Supply chain collaboration networks, which provide wide ranging visibility to events occurring upstream and downstream in supply chains, can help companies be more agile. An EDI VAN enables the secure exchanges of electronic business documents, such as purchase orders and invoices, with trading partners—via electronic data interchange format.

Supply Chain Software 115

Supply Chain Software Supply Chains Manufacturing Procurement Optimal Sourcing 115

Logistics Viewpoints

NOVEMBER 28, 2022

And agility is about reacting quickly and hopefully effectively to the actual disruptive event. But the event might not be disruptive at all if you had planned for it. Resilience comes down to planning for agility.” All these things add costs to products. A Different Way to Think About Integrated Planning.

Supply Chain Planning Software 111

Supply Chain Planning Software Scenario Planning Optimal Sourcing Manufacturing Procurement 111

IoT World Today

MARCH 27, 2020

In order to build a correct demand plan, one-off events have to be identified and accounted for,” wrote Ralf W. Tire companies, for example, now use sensor data to monitor tire pressure and proactively alert customers about maintenance. The good news about that is these were changes they were going to have to make in any event.”.

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Procurement Analytics 145

EazyStock

JULY 22, 2021

For example: In addition, as products move through their product lifecycle from market entry to maturity and decline, their demand types will keep changing: An item’s demand type is important, as it should be used to determine the type of calculation (or algorithm) you use for forecasting. Inventory Demand Trends.

Inventory Reduction 105

Inventory Reduction Inventory Optimization Software Procurement Solutions 105

Logistics Viewpoints

MARCH 4, 2021

Maintaining all past and future promotional events in a database. Accurate and timely reconciliation of purchase orders with receipts. Maintaining outlier events that have influenced demand patterns or supply availability . Modeling the impact of weather events. Having accurate stock-out data.

Supply Chain Planning Software 116

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 116

Dedola Global Logistics

FEBRUARY 20, 2020

Billions of dollars’ worth of cargo is damaged or stolen every year, and insurance will mitigate your loss in the event of an incident. Purchasing additional cargo insurance is the best way to protect shipments. Purchasing additional cargo insurance is the best way to protect shipments. Payment or collection failure.

Cost Reduction 98

Cost Reduction Purchasing Skills Cargo Maritime 98

GlobalTranz

JULY 28, 2015

For example, a business may order a specific number of items, which would be too minute to warrant transport via rail or traditional truckload. Larkin calculates that LTL revenues are down to just 12% or so of the truckload market, for example. Recall the events of last year’s holiday season. 3% annual growth after that.

Purchasing Skills 97

Purchasing Skills Manufacturing Procurement Negotiating Skills Cost Reduction 97

Trinity Logistics

AUGUST 23, 2024

I can answer some of those questions and share with you my thoughts, experiences, and observations of this impactful event in LTL history. The purchased terminals and trailers meant increased footprint and capacity, which can be the difference between being the best and the biggest for LTL carriers. Likely not.

Industry 127

Industry Purchasing Skills Negotiating Skills Logistics Network Optimization Software 127

Ship Monk

MARCH 21, 2024

Customers are mostly anonymous, and purchases are made or abandoned, seemingly on a whim. This data usually includes the customer’s contact information, address, purchase history, social media engagement, email click-throughs, and dozens of other data points as they become available.

Optimization Software 105

Optimization Software eCommerce Logistics Network Optimization Software Procurement Solutions 105

SYSPRO Smarter ERP

NOVEMBER 1, 2022

Despite external challenges such as economic conditions, fluctuating customer preferences and unexpected global events that change the way businesses perform, the manufacturing industry continues to experience growth. Smaller manufacturers, for example, have to consider the costs as challenges can become magnified as a business expands.

ERP 98

ERP Supply Chain Planning Software Factories Supply Chain Software 98

Ship Monk

JULY 28, 2021

Think of the last time you purchased a product or service based on the recommendation of a friend, family member, or your favorite social media influencer. Take us, for example. Social proof can come from all sorts of places, but the below examples have proven to be some of the most effective. Types of Social Proof.

Eliminating Excel in Purchasing 98

Eliminating Excel in Purchasing Case Study Procurement Analytics Purchasing Skills 98

EazyStock

OCTOBER 20, 2020

Qualitative factors: Add any qualitative forecasting factors into your data, such as sales promotions, competitor activity or external market events. For example, you should consider setting different service levels, safety stock levels and reordering parameters for each category. Know your star products!

Inventory Reduction 98

Inventory Reduction Optimization Software Inventory Optimization Modeling 98

SYSPRO Smarter ERP

MARCH 21, 2022

It provides a way to connect with suppliers electronically and streamlines and automates the process of quoting, purchasing and payment. For example, looking at how low-level processes could be automated can free staff up to deal with more complex issues. How to implement a Supply Chain Management solution.

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 116

Logistics Viewpoints

MAY 3, 2023

Whilst they are classed as indirect purchases, this procurement category plays an essential role in day-to-day operations. So, when geopolitical events and the pandemic struck, things that you were expecting to happen, didn’t happen. The pandemic shined a light on something that supply chain executives will tell you is second nature.

Supply Chain Design 106

Supply Chain Design Supply Chains Scenario Planning Procurement Solutions 106

Now, That's Logistics

JUNE 21, 2022

In the current, disruptive environment, the odds that a major event will impact the smooth movement of freight from origin to destination have increased. For example, freight that once only moved by air may now be transported by ground due to a lack of air freight capacity.

Cargo 78

Cargo Purchasing Skills Procurement Solutions Supply Chain Software 78

Logistics Bureau

NOVEMBER 16, 2020

You are not alone, especially as in the time since we first penned this article, one huge and unforeseen event has raised awareness of the global importance of this vital sector—and shown it to be an attractive career choice. That event was the global COVID-19 pandemic, which erupted during the first half of 2020. Networking.

Supply Chain Planning Software 98

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

Talking Logistics

MARCH 28, 2017

For example, companies can now do in days what used to take weeks of programming and customization. . We’re already seeing practical examples of this in supply chain operations, with parcel sorting, product packaging, automated guided vehicles, and robotic lift trucks. Gain a holistic view of your supply chain.

Supply Chain Software 0

Supply Chain Software Logistics Network Optimization Software Digital Operations 0

Talking Logistics

JUNE 5, 2017

A lot of data/information is communicated in batch and serial mode, sometimes hours or days after a transaction or event occurs. Take BMW as the latest example. Within X hours of the event, we contacted all of these suppliers and determined that X supplier has shop floor damage. At 9:05am today, an earthquake of magnitude 7.0

Supply Chain Software 93

Supply Chain Software Supply Chains Manufacturing Procurement Eliminating Excel in Purchasing 93

Logistics Viewpoints

SEPTEMBER 4, 2023

That processing event determines when the goods need to be delivered to the next stop. It was quickly determined that a procurement event was necessary just to set a baseline. Procurement ran a request for proposal event. Any shipment moving from Siloam Springs to Bentonville, Arkansas, for example, would be one lane.

Procurement Solutions 115

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 115

CH Robinson Logistics

APRIL 2, 2021

This year’s produce season is felt after a series of events impacting transportation. What’s more, is that these are likely not the last of the events to disrupt transportation. Among those online sales, online grocery purchases were 10% of all spend pre-COVID-19. Online food sales are up 300% since the beginning of COVID-19.

Tips 63

Tips Temperature Trucking Events 63

Logistics Viewpoints

FEBRUARY 8, 2022

As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. For example, they might browse products online, but visit a brick-and-mortar store to finalize their selection. due to the higher costs associated with online selling.

Optimal Sourcing 105

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 105

SYSPRO Smarter ERP

OCTOBER 11, 2021

For example, the manufacturing of pharmaceuticals vs. processing liquid waste in the mining industry. In the pharmaceutical example, it is a batch process manufacturing where the products are made as specified groups. This can be different as well as for the purchasing (e.g. Types of process manufacturing. Inventory control.

Manufacturing Procurement 119

Manufacturing Procurement ERP Supply Chain Planning Software Purchasing Skills 119

Logistics Viewpoints

JANUARY 26, 2021

Geopolitical events. This means supply chain and logistics professionals need to distinguish between more frequently purchased products and the slower-moving products customers are willing to wait for. A Positive Example. Natural disasters. Tariffs and trade regulations. The rise of ecommerce. The Road to Agility and Resilience.

Supply Chain Software 119

Supply Chain Software Definition Supply Chain Planning Software Supply Chains 119

Ship Monk

FEBRUARY 3, 2024

These people are genuinely interested in your product — so much so, that they have purchased your products. Direct mail, while not as eco-friendly and far more expensive, can be used to deliver a coupon to infrequent shoppers, or communicate big events, such as an annual sale or new product drop. How Often This is tricky.

eCommerce 105

eCommerce Tips Procurement Solutions Logistics Network Optimization Software 105

GlobalTranz

APRIL 3, 2018

Manifesting this trend is the terminology and concept of Digital Path to Purchase — the omni-channel, tech-focused approach to supporting and acting on a consumer’s purchase. Supporting an efficient digital path to purchase requires comprehensive digital collaboration.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 78

Ship Monk

JANUARY 8, 2024

They’re everywhere from the milk you buy in the grocery store to the cosmetics you purchase at the mall. For example, if milk wasn’t FDA-certified you wouldn’t have verification that the cows producing it are healthy. For example, Coffee, Food for Animal Consumption, and Cosmetics are all different category types. Exaggeration?

eCommerce 104

eCommerce Food and Agriculture Temperature Compliance 104

GlobalTranz

FEBRUARY 6, 2017

Amazon’s purchase of Kiva Robots changed the landscape of robotics in the supply chain. For example, Johnson & Johnson procurement professionals actively review market trends before making purchases. Moreover, customers can make purchases online and have them shipped to the store or their home. The Big Picture.

Supply Chain Planning Software 73

Supply Chain Planning Software Procurement Analytics Supply Chain Software Manufacturing Procurement 73