Logistics Viewpoints

JUNE 1, 2021

During promotional management, especially for big events around special days and holidays, inventory levels need to be adjusted to meet the peaks in demand. Promotion-sensitive demand forecasts at the granular level are then used to adjust inventory targets and drive additional replenishment and procurement decisions.

Supply Chain Planning Software 115

Supply Chain Planning Software Inventory Reduction Optimal Sourcing Inventory 115

Logistics Viewpoints

MARCH 17, 2022

We can say things have changed, and the pandemic is not just an anomaly event after all. She has led cross-functional teams in large-scale digital transformation projects touching Category Planning, Assortment Localization, Demand Planning, Promotion Planning, Allocation and Replenishment, Price Optimization, and S&OP. .

Supply Chain Planning Software 134

Supply Chain Planning Software Modeling Software Optimization Software Scenario Planning 134

FreightWaves SONAR

MARCH 23, 2021

Recognize market volatility trends and their impact on replenishment lead time Another beneficial action to boost efficiency with freight management comes from the recognition of market volatility trends. Market volatility can significantly impact replenishment lead time for restocking warehouses and distribution centers.

Resource Reduction 98

Resource Reduction Efficiency Cost Reduction Freight 98

GlobalTranz

AUGUST 4, 2021

Disruptions were caused by a wide range of issues, including shutdowns driven by country/state/regional requirements or shutdowns due to health events at the supplier’s site. Traditional Inventory Replenishment Strategies No Longer Work. A rapid change in demand for PPE also led to significant supply disruptions.

Supply Chain Design Software 115

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

Trinity Logistics

MARCH 15, 2024

Now, I will never say never, but those were most likely once in a lifetime events. This is most likely a result in the drawing down of inventories, and the need for replenishment. I certainly do not expect that we will return to freight volumes like we saw in 2021, and part of 2022. The below chart (Figure 2.1)

Freight 118

Freight Replenishment Inbound Events 118

Logistics Viewpoints

JUNE 7, 2021

When companies implement a demand management or replenishment system, the goal is usually to improve customer satisfaction while holding less inventory. The data that goes into the forecasting system needs to be massaged on an ongoing basis to to account for anomolous events. Pinnacle Propane Delivery to a Farm.

Optimal Sourcing 102

Optimal Sourcing Transportation Inventory Reduction Supply Chain Planning Software 102

MTS Logistics

JULY 15, 2024

Events like the blockage of the Suez Canal in 2021 have shown the vulnerability of global trade routes, pushing companies to seek more reliable shipping options. Retailers are replenishing inventories, leading to higher volumes of imports and exports.

Supply Chain Software 104

Supply Chain Software Cost Reduction Inventory Reduction Supply Chains 104

EazyStock

OCTOBER 20, 2020

Qualitative factors: Add any qualitative forecasting factors into your data, such as sales promotions, competitor activity or external market events. Fine-tune your stock replenishment strategies. Look out for such trends in your historical demand data and adjust your forecasts accordingly. Know your star products! Supplier lead times.

Inventory Reduction 98

Inventory Reduction Optimization Software Inventory Optimization Modeling 98

Logistics Viewpoints

MARCH 27, 2024

MODEX 2024, held in Atlanta, Georgia, from March 11 to 14, attracted more than 35,000 attendees and featured over 150 educational sessions, keynote speakers, and networking events. The robots can perform various tasks, such as transporting goods, picking orders, sorting items, and replenishing inventory.

Optimization Software 124

Optimization Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Software 124

Logistics Viewpoints

SEPTEMBER 9, 2021

With the help of digitalization, machine learning, and advanced analytics, retailers can plan all steps of the supply chain journey, including forecasting, dark-store replenishment , and warehouse procurement intelligently, so that each step is integrated seamlessly to one another and works in sync to deliver exceptional customer service.

Supply Chain Planning Software 114

Supply Chain Planning Software Digital Supply Chain Software Logistics Network Optimization Software 114

Logistics Bureau

FEBRUARY 4, 2025

The task of maintaining optimal inventory levels, thus avoiding stockouts or overstocking issues, is simpler when you know how long it takes to replenish stock. If your IM practices are efficient, you should always be able to replenish inventory in time to avoid stockouts, which create acute inconsistencies in lead times.

Supply Chains 49

Supply Chains Manufacturing Procurement Inventory Reduction Scenario Planning 49

FreightWaves SONAR

MARCH 9, 2021

And while some events (like the weather) cannot necessarily be predicted entirely, it’s possible to increase trucking capacity in advance due to the presence of certain indicators. It’s a continuous process that helps individual shippers learn when to boost replenishment.

Data 98

Data Reliability Supply Chain Planning Software Trucking 98

Logistics Viewpoints

APRIL 7, 2022

Order minimums and multiples along with replenishment frequencies should be adjusted, especially as you prepare to stockpile highly constrained materials. Switching to alternate sources of supply or modes of transportation should be considered as appropriate, and such alternates should be activated on a short notice.

Supply Chain Design Software 129

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 129

Logistics Bureau

DECEMBER 19, 2022

Slotting Increases Replenishment Efficiency. If warehouse product slotting increases productivity and efficiency in picking, thereby reducing warehouse costs, it stands to reason that it does the same for replenishment and put-away activities. Productivity improvements in picking, replenishment, and put-away.

Production 98

Production Inventory Reduction Cost Reduction Resource Reduction 98

Logistics Bureau

NOVEMBER 29, 2024

This is all the product handling that takes place at the back dock, the stock room, and replenishing stock out on the retail floor. These unexpected events can cause big operational headaches and highlight the need for contingency plans. Then we have in-store logistics.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 75

Logistics Viewpoints

APRIL 4, 2024

Similarly, when the weather is warmer than normal, and we stock out of chocolate ice cream, that impacts both future forecasts and the replenishment plan for the following week. When I throw out liverwurst because it has expired in the deli fridge, that waste needs to be accounted for when forecasting later in the future.

Scenario Planning 126

Scenario Planning Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 126

Penske Move Ahead

JANUARY 31, 2020

Suiting Up For the Big Game Stepping up to take the snap are third-party logistics providers like Penske Logistics, which prepares throughout the year for surge events like the big game. Communication with the customer is a key component to successfully preparing for the demand of signature events like the big game. "As

Events 64

Events Refrigeration Trucking Scenario Planning 64

EazyStock

APRIL 20, 2020

Planned Events for Managing Forward Orders. A planned event is when your customer has a planned event where the future demand is known; for example scheduled repairs and maintenance. This gives you a number of benefits: Planned events, such as scheduled repairs and maintenance, can take place as planned. What’s new?

Production 52

Production Supply Chain Planning Software Events Inventory Reduction 52

Logistics Business Magazine

AUGUST 11, 2020

Forecasting and replenishment formulas that use historic consumption or average stock days are only effective when demand and lead times remain static and the only way for the user to consider any variance is to continually update their calculations.

Inventory Reduction 67

Inventory Reduction Inventory Procurement Solutions Supply Chain Software 67

Freightos

DECEMBER 5, 2016

Those changes may be one-off events, like a sudden drop in ocean capacity because of, say, a top-ten ocean carrier going bankrupt , which can cause much more ocean price volatility than OPEC’s announcement will. on a scale of -1 to 1). This trough generally lasts until right after the Christmas/New Year break.

Price Reduction 84

Price Reduction Freight Replenishment Procurement 84

GlobalTranz

DECEMBER 5, 2018

For example, a black swan event may include both the physical damage and ongoing disruption caused by a hurricane and subsequent bottlenecks, so shippers that know how to isolate the causes of poor visibility and areas that are likely to contribute to worsening of black swan events can effectively reduce their chances of coming to fruition.

Price Reduction 67

Price Reduction Resource Reduction Cost Reduction Inventory Reduction 67

Logistics Viewpoints

DECEMBER 14, 2021

Q-commerce companies need to make sure the inventory levels are managed at each fulfillment center (darkstore, or MFC) in a way to maximize availability and minimize waste and also constantly adjusted to meet the local demand, which can vary due to customer demographics, local events and promotions, and the competitive offerings.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Design Software Optimization Software Supply Chain Software 120

Logistics Viewpoints

SEPTEMBER 23, 2022

Focal Systems’ solution is integrated with Walmart Canada’s existing inventory systems to automatically detect availability concerns and direct store teams to replenish products. The hiring commitments were announced Monday at an event in New York organized by the Tent Partnership for Refugees, which is pressing corporations to hire refugees.

Supply Chain Planning Software 21

Supply Chain Planning Software Logistics Network Optimization Software Waste Reduction Modeling Software 21

Camelot 3PL Software

FEBRUARY 19, 2019

They also collaborate and share ideas on projects and processes, such as order fulfillment and replenishment strategies. Whether it’s attending Camelot’s User Conference or a host of Industry Tradeshow Conferences, such as the IWLA , IARW , SWA , WERC or TWA events, are you making the most of your networking opportunities?

Networks 40

Networks Conference 3PL Replenishment 40

Penske Move Ahead

SEPTEMBER 15, 2020

Increased consumer demand for food and other goods during the coronavirus pandemic has forced retailers to turn to warehouses – and warehouse associates – to help replenish store shelves. Last week, the warehouse associate appreciation event was held in Canada to coincide with National Trucking Week.

Replenishment 41

Replenishment Supply Chains Trucking Events 41

Logistics Business Magazine

MARCH 15, 2023

Perfect for ecommerce, micro-fulfilment, store replenishment, and omni-channel distribution, Infinity AS/RS features triple-deep, high-density racking along with a fleet of bots that access inventory from any of the storage locations. ProMat attendees can schedule personalized meetings with OPEX team members any day during the event.

Supply Chain Software 52

Supply Chain Software Automation Supply Chain Design Software Supply Chain Design 52

Camelot 3PL Software

OCTOBER 28, 2021

6 River Systems and the fine folks at Liberty Hardware put on the event. The distribution center is 650,000 square feet and does store replenishment and eCommerce fulfillment. This week a few of us from Camelot had the opportunity to visit a large Liberty Hardware distribution center in Winston Salem, NC.

Automation 52

Automation eCommerce Video Picking 52

Logistics at MPEPS at UPV

MAY 28, 2022

The success of Konbini stores in Japan has everything to do with its distribution network , store ( warehouse ) layout, just-in time inventory and replenishment policy , and state-of-the-art information systems. Stores are replenished at least three times a day. They typically offer a variety of services. Abdurakhmonov, 2018).

Supply Chain Software 52

Supply Chain Software Supply Chains Efficiency Replenishment 52

Logistics Viewpoints

MAY 11, 2023

For example, they can test the effect of increasing or decreasing safety stock levels or changing the replenishment frequency of certain products. If the digital twin extends beyond the DC to the supply chain, you can have a better evaluation of the entire chain’s responsiveness to these types of events.

Optimization Software 124

Optimization Software Supply Chain Design Software Modeling Software Digital 124

Talking Logistics

OCTOBER 31, 2018

This means retail stores and e-commerce companies alike must focus on rapid replenishment to their customers. In order to “weather the storm,” businesses need to plan ahead and anticipate how they will react to unforeseen events like demand spikes.

Supply Chain Planning Software 92

Supply Chain Planning Software Supply Chain Software Supply Chains Negotiating Skills 92

Logistics at MPEPS at UPV

MARCH 8, 2022

In the event of a pipeline disruption, Europe could cushion the impact by increasing LNG imports and seeking alternative gas delivery pipelines. According to the report, the biggest immediate challenge facing the EU will be replenishing its depleted natural gas stocks. Russian television (RT) reported on March 3.

Expense Reduction 52

Expense Reduction Supply Chains Cost Reduction Procurement Analytics 52

Logistics Viewpoints

MAY 17, 2021

But the sites do not adjust for Black Swan events – like the pandemic. Retailer’s ecommerce forecasting is based on “trailing demand and seasonality.” The sites apply a year-on-year growth factor and adjust it based on the season. Brett said they also use the CommerceIQ solution for demand shaping.

Supply Chain Planning Software 90

Supply Chain Planning Software Supply Chain Software eCommerce Optimal Sourcing 90

EazyStock

MARCH 17, 2021

Black Swan Events. A black swan event is an unexpected event with severe consequences, like the Great Recession or the current COVID-19 pandemic. This category is sometimes lumped together with black swan events. You need to determine what your priorities will be in the event of a supply chain disruption.

Supply Chain Planning Software 78

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

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

A salesperson can automatically replenish stock in the event of shortages by raising a purchase order for stock, or initiate a transfer from another warehouse, or create a job for items to be made. To do this requires access to the right information.

Supply Chain Planning Software 115

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

WorkWave

JUNE 27, 2024

During economic downturns, driver recruitment slows down, and as the economy recovers, there is often a lag in replenishing the driver pool. This flexible approach can help bridge the gap during peak demand periods, such as holidays or special events. Economic Factors Economic conditions also play a crucial role.

Optimal Sourcing 92

Optimal Sourcing Supply Chain Planning Software Optimization Software Availability 92

GoShip Blog

DECEMBER 23, 2022

When this happens, many small business owners sell unavailable items on backorder and ship them to the customer after replenishing their inventory. The sudden increase in demand can be because of seasonal events like holidays, extreme weather, or social media trends. Out-of-stock vs backorder.

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Cost Reduction Material Savings 52

Logistics Bureau

JULY 10, 2018

The demand-driven SCM concept therefor uses actual demand instead of error-prone forecasts to drive replenishment.” However desirable it may seem to run manufacturing, warehousing, or transport operations at 100% of their capacity, to do so is to invite severe problems in the event of supply shortages or sudden demand peaks.

Supply Chain Planning Software 49

Supply Chain Planning Software Supply Chain Design Software Inventory Reduction Supply Chain Software 49