The Logistics of Logistics

MARCH 14, 2023

Data governance helps companies develop a detailed view of where data is coming from, who owns it and what happens in the event of a security breach. Reduces operational costs by defining and automating data collection and management processes, and developing analytic tools to provide insights into trends and inefficiencies.

Compliance 195

Compliance Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software 195

Logistics Viewpoints

MAY 22, 2023

Moreover, this exercise might need to be repeated several times depending on how the war proceeds. At the same time, another company might have twenty suppliers with similar pricing strategies, who supply the same raw material. Their time frame was short and resources limited.

Supply Chain Design Software 109

Supply Chain Design Software Supply Chain Design Supply Chain Software Modeling Software 109

Logistics Bureau

MARCH 30, 2020

Because China is the world’s leading supplier of components, raw or processed materials, and major subsystems. Once this exercise is completed, your company can then assess the risk from tier-two suppliers onwards. The reasoning behind this, is that the chances of all plants being disrupted at the same time are significantly reduced.

Supply Chain Design Software 64

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 64

Logistics Viewpoints

SEPTEMBER 4, 2023

That processing event determines when the goods need to be delivered to the next stop. That factory also aims to rapidly process the raw materials into product. It was quickly determined that a procurement event was necessary just to set a baseline. Procurement ran a request for proposal event. We’d rather not do that.

Procurement Solutions 115

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 115

Logistics Business Magazine

MAY 5, 2020

With current events in mind, managing future supply chain disruptions will be an integral component of corporate strategy. Creating supply chain resilience is a holistic exercise that involves more than just a few savvy logistics people. How then to build a strategy? Lastly, consider materials. Risk Assessment.

Supply Chain Planning Software 45

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 45

AIMMS

JULY 23, 2019

Raw material forecasting is difficult as climate conditions, pests and other natural factors impact its availability. Planning cycles in this environment tend to be slow and often, when you reach a compromise on the plan, unexpected events force you to go back to the drawing board. But technology is only part of the process.

Procurement Analytics 62

Procurement Analytics Supply Chain Planning Software Scenario Planning How To 62

Logistics Bureau

OCTOBER 12, 2020

Golden Rule #1: Meaningful KPIs Require a Meaningful Strategy. I’ve written many posts on this blog about the importance of having a supply chain strategy aligned with the overall business plan, and why it is a mistake to have misaligned strategies. I’ve also described some of the issues that can arise from such an error.

Supply Chain Software 52

Supply Chain Software Supply Chains Material Savings Sourcing Strategies 52

Logistics Bureau

DECEMBER 28, 2024

The new supply chain remedy born during the 1970s and 80s and refined over the years as globalization has materialized. This loss of focus can result in under performance and revenue reduction. Many companies struggle with the vexing question; is outsourcing warehousing the right strategy for me? How have the coped? Outsourcing.

Outsourcing 52

Outsourcing Inventory Reduction Cost Reduction Price Reduction 52

FourKites

JANUARY 7, 2021

The COVID pandemic may have been an extreme example of what can go wrong, but it also underscored the importance of planning and decision-making in the event of sudden disruptions that upend the normal working of the complicated modern supply chain apparatus. Adopting Agile Supply Chain Management Strategies.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 52

Logistics Bureau

SEPTEMBER 22, 2016

There’s Still a Place for Reading Material. You can always use testing (as a condition of issuing the reading material) or some similar exercise based on the books your employees receive, to ensure they use the material to further their own supply chain education. Supply Chain Education Events.

Supply Chain Planning Software 49

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 49

Logistics Bureau

OCTOBER 19, 2017

Business continuity management seeks to keep a supply chain working in the event of a problem. You must have enough links properly connected to each other in your supply chain to deliver what your customer wants , starting from the raw materials at the other end. High-probability/low-impact events. Start with your customer.

Supply Chain Planning Software 45

Supply Chain Planning Software Supply Chain Design Software Supply Chain Design Supply Chains 45

Logistics Bureau

DECEMBER 8, 2024

Here are six practical approaches that can be implemented individually or in combination to create a comprehensive supply chain education strategy. There’s Still a Place for Reading Material We all have different learning styles, so to be successful with supply chain education; you need to cater to all of them. Monczka, Robert B.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 40

247 Customs Broker

MARCH 26, 2018

I was having lunch with a friend of mine who had recently conducted a transportation sourcing event. There are plenty of companies using a flawed process in conducting their transportation sourcing events. As the VP of Sales for a large national truckload carrier recently told me, “Today, our negotiation strategy is indifference.

Optimal Sourcing 28

Optimal Sourcing Sourcing Strategies Negotiating Skills Negotiate Pricing 28

GlobalTranz

MARCH 3, 2016

With it, you will be able to apply for a line of credit with your bank but even more than that, your business plan is also an exercise in specifying which niche you will be targeting and who your customers are. In general, the best tip to reduce the price you have to pay for your freight broker bond is to work on improving your credit score.

Negotiating Skills 51

Negotiating Skills How To Buyer Training Freight 51

Infosys Supply Chain Management

JULY 26, 2013

News & Events. |. Missing PPM means no demand on raw materials resulting in less procurement leading to reduction in order fill rate. PPDS PPM gets generated from SAP ECC Production Version (combination of Bill of Materials & Routing) maintained in SAP ECC material master via Core Interface (CIF).

Supply Chain Planning Software 29

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 29

Logistics Bureau

JULY 27, 2020

In most cases, these companies are using blockchain as an aid to supply chain visibility and product tracing, but some have applied it as a tool to streamline transactions and speed up the flow of information, goods, and materials. Walmart’s Blockchain Projects. Big Names are Backing Blockchain. The blockchain serves two primary purposes.

Supply Chain Planning Software 69

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Tracking and Tracing 69

Logistics Business Magazine

JULY 11, 2018

“Firstly, as a complete engagement piece, demonstrating the relevance of all business members being involved in an event with national scope. Throughout the test exercises, the UniCarriers TX model counterbalance was used because it provides the pinnacle of safety in design for counterbalance trucks,” says Chris.

Operations 28

Operations Buyer Training Modeling Software Material Savings 28

Logistics Business Magazine

SEPTEMBER 19, 2018

Sabine Ursel talks to Bettina Bohlmann (above) , Managing Partner of 3p Procurement Branding GmbH in an interview focused on themes to be explored at this year’s EXCHAiNGE event in Frankfurt. But a strategy requires much more than slide decks and statements of intent, right? This is now widely acknowledged.

Optimal Sourcing 28

Optimal Sourcing Industry Supply Chain Design Software Material Savings 28

The Lean Thinker

JULY 2, 2024

This was obviously a long time ago, and I have long since (unfortunately) discarded the handout materials because I wanted to reuse the fancy tabbed folder for something else. Sidebar: If anyone reading this has better memory or still has any of the original materials from that class, I’d love to talk to you.

Supply Chain Design Software 398

Supply Chain Design Software Price Reduction Supply Chain Planning Software Optimization Software 398

GlobalTranz

NOVEMBER 12, 2015

However, you must exercise caution to make sure you do not damage your vendor-shipper relationship. However, it’s only the application of historical data about given time frames to determine your needs for a given event. Cleaned data refers to data that has been processed by a computer to eliminate erroneous material.

Data 91

Data Vendor Strategies Logistics Network Optimization Software Expense Reduction 91

Logistics Business Magazine

JANUARY 28, 2022

A ground-breaking Sustainability Zone will be one of the major highlights at this year’s International Materials Handling Exhibition (IMHX 2022), when the UK logistics industry’s flagship event returns to the NEC, Birmingham, this September. IMHX 2022 Group Director, Rob Fisher, comments: “In business,?sustainability?refers

Supply Chain Planning Software 50

Supply Chain Planning Software Material Savings Supply Chain Software Materials Handling 50

Conger

JULY 28, 2022

Warehouse safety includes the regulatory guidelines, actions, and best practices that help reduce injuries, provide workers with a safe environment, and reinforce safe behavior. Specific aspects of warehouse safety include: Material handling equipment operation and maintenance. Reduced spending on warehouse safety training programs.

Tips 52

Tips Material Savings Training Materials Handling 52

Logistics Bureau

AUGUST 14, 2018

Globalisation, ever-changing customer needs, and other market forces serve to maintain a state of liquidity, requiring companies to re-evaluate strategies and business models on a regular basis. Expected Cost Savings Not Realised. One of the primary reasons to outsource is to achieve cost savings.

Outsourcing 70

Outsourcing Cost Reduction Material Savings Operations 70

Logistics Viewpoints

JANUARY 13, 2025

Their 2025 outlook identifies the five most likely supply chain events that will impact supply chain operations this year. Each event is assigned a risk score. Climate change is causing more frequent and intense extreme weather events around the world. Drowning in Climate Change This is the top risk identified by Everstream.

Supply Chain Software 115

Supply Chain Software Supply Chains Manufacturing Procurement Procurement Analytics 115