Logistics Viewpoints

JANUARY 18, 2022

The ongoing chip crisis since last year affecting 100+ industries is the best example: supply couldn’t meet the increased demand, which led to rising prices and shortages in computers, cars, and pretty much any other electronics product with chips. this experience has changed how we dress and exercise.

Supply Chain Planning Software 121

Supply Chain Planning Software Scenario Planning Supply Chain Software Supply Chains 121

ShipLilly

FEBRUARY 8, 2023

Questions about dealing with excess inventory Given what has happened before, it is not entirely surprising that many retailers are contending with elevated levels of excess inventory. This is a trend that is undesirable since excess inventory tends to have a detrimental effect on cash flow.

Inventory Reduction 52

Inventory Reduction Inventory Handling Price Reduction 52

Logistics at MPEPS at UPV

MARCH 29, 2023

For example, I decided to always have in stock at least 5 bottles of 8L of water or to have 1 kg of lentils. Of course, it used to be much cheaper when I lived with my parents… In conclusion, this small inventory control exercise showed the benefits of keeping track of the stuff you buy, even though they are essential goods.

Inventory 52

Inventory Eliminating Excel in Purchasing Purchasing Skills Exercises 52

ShipLilly

AUGUST 5, 2021

Examples include port fires, inclement weather, and labor disputes. The first thing is to consider the discretion exercised by the shipping companies when calculating the congestion surcharge. For example, they may consider a percentage of the cargo or alternatively a percentage of one TEU. e) Influencing terminal operations.

Negotiating Skills 98

Negotiating Skills Cost Reduction Inventory Reduction Exercises 98

Logistics Viewpoints

JANUARY 13, 2022

Understanding and assessing the tradeoffs between the costs of labor, inventory, transportation, and carbon footprint while going through these pivots will be crucial. American Supply Chain Resilience Act and the German Supply Chain Act are just two examples of this. Supply Chain Design is essential in tackling these.

Supply Chain Design Software 121

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 121

Logistics Bureau

APRIL 19, 2021

If you’ve never done a benchmarking exercise before, read on. If, for example, you are concerned about the pick rates in your warehouse, or your transport costs, or your inventory accuracy, benchmarking can help you because it can show you exactly where your performance is compared to others in your industry.

Supply Chains 76

Supply Chains Exercises Picking Video 76

Logistics Bureau

DECEMBER 24, 2024

For example, companies that have their own in-house vehicle fleet often struggle to deliver products on time. Merely dealing with the complexity of transport networks, contractors, inventories, industrial unions, and cost control is tough enough for many enterprises, so achieving 98% on-time performance is, for some, just a dream.On

Outsourcing 52

Outsourcing Warehousing Negotiating Skills Purchasing Skills 52

SYSPRO Smarter ERP

AUGUST 22, 2022

Challenge: The supply of raw materials and achieving optimum inventory levels. For example, a custom manufacturer may need a metal fabrication supplier to take on a design-to-order project. Challenge: Meeting unique customer requirements. Solution: Technology investments and long-term skills training programmes.

Supply Chain Design Software 105

Supply Chain Design Software Manufacturing Procurement Optimization Software Supply Chain Software 105

Logistics Viewpoints

MAY 26, 2022

There are lively debates about the meaning and prioritization of scale, globalization, outsourcing, and inventory optimization. For example, some newer robotic systems can efficiently automate small picking use cases such as in-store fulfillment of grocery orders.

Supply Chain Software 134

Supply Chain Software Optimal Sourcing Supply Chain Design Software Logistics Network Optimization Software 134

Logistics Viewpoints

OCTOBER 21, 2021

The rapid shifts to eCommerce during the pandemic caused retailers and brand owners alike to flex their network nodes (where goods are made and inventories are stocked) significantly. Pop up warehouses, micro fulfillment centers, and warehousing-on-demand are all examples of how the nodes are becoming increasingly dynamic.

Supply Chain Design Software 103

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 103

Logistics Bureau

JANUARY 7, 2020

Walmart may be the most famous example of a company that has succeeded primarily because of a well-developed and aligned supply chain strategy. Pioneered the use of vendor-managed inventory. Implemented cross-docking in its supply network to enable inventory reductions. Inventory shortages. Mini Case Study: Walmart.

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 111

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

Logistics Viewpoints

JULY 22, 2021

nodes), flows of the products between origin-destination pairs, and policies (inventory, replenishment, asset utilization etc) with no clear accountability on how the recommendations make their way into planning and execution. For example, forecasts are generated using the past three years of history, implicitly assuming history repeats.

Supply Chain Planning Software 112

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Scenario Planning 112

Logistics Bureau

APRIL 3, 2023

So, for example, outsourcing sales activity is not typically a good idea if yours is a retail sales company. For example, US-based companies may be quite fortunate if they have access to manufacturers right on their doorstep in Mexico, a country with far lower labour costs than the rest of North America.

Outsourcing 98

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 98

Logistics Bureau

MAY 31, 2021

For example: Compared to selling a product in-store, the cost to deliver that same item as a small parcel can be several times higher. The above examples reflect costs that include picking, packing, and last-mile delivery. The list above is not exhaustive but merely provides some notable examples of cost drivers.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

Talking Logistics

JUNE 29, 2017

The first one arrived a few years ago when a growing number of companies started treating supply chain design as a continuous business process instead of a standalone project or a once-a-year exercise. As an example, a heavy equipment manufacturer used SupplyChainPlanning.com to create a collaborative planning app with its dealers.

Supply Chain Design Software 43

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 43

Logistics Viewpoints

MAY 22, 2023

A company can choose to maintain a high level of costly inventory to ensure short lead times, and a family can decide to live farther away from work and school but buy a bigger house. Moreover, this exercise might need to be repeated several times depending on how the war proceeds. But optimization is much more than that!

Supply Chain Design Software 104

Supply Chain Design Software Supply Chain Design Supply Chain Software Modeling Software 104

Logistics Viewpoints

AUGUST 7, 2024

It’s also a great example of how the boundaries between what we traditional think of as “IT” and “OT” cybersecurity are blurring. Other basic foundational tasks for setting up a good cybersecurity program include doing a good asset inventory.

Supply Chain Software 119

Supply Chain Software Manufacturing Procurement Logistics Network Optimization Software Automation 119

Logistics Bureau

JULY 18, 2022

For example, you don’t want to assume that a single logistics strategy and service approach will meet all your customers’ needs. Inventory levels. Ideally, though, evaluating your position against competitors should not solely be a KPI benchmarking exercise. Inventory optimization software. It may do, but how do you know?

Inventory Reduction 98

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 98

Logistics Viewpoints

SEPTEMBER 28, 2021

Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility. We should be able to see, with the click of a button, how much product is at the port of destination. And what is sitting in the warehouse. And at the cross-dock. And in the rail car.

Supply Chain Planning Software 98

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

Logistics Bureau

MARCH 3, 2019

For example, if speedy delivery is a part of your service strategy (which is often the case in today’s on-demand environment), you will either need to locate your warehouses close to customers, or close to the facilities of your preferred carriers. What levels of inventory availability do you require? How fast are your inventory turns?

Supply Chain Design Software 103

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Scenario Planning 103

Logistics Bureau

AUGUST 2, 2021

For example, you might use simple observation to identify visible defects at goods-in, or you could make your analysis a bit deeper by testing a percentage of items received from the supplier. For example, every purchase order costs money to raise and process, as does every invoice. Supplier Defect Rate.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

Logistics Bureau

DECEMBER 19, 2022

Slotting a warehouse product is the same, for example, as placing your umbrella close to your front door at home, so it’s easy to pick it up and run when it’s raining, and you’re late for work. It also stands to reason that when you undertake a slotting exercise, you should think about it from the perspective of these activities.

Production 98

Production Inventory Reduction Cost Reduction Resource Reduction 98

GlobalTranz

NOVEMBER 12, 2015

Will an inaccurate picking result in one error for the original problem or two errors for sending an incorrect product and retaining the original, correct product in your inventory? For example, drivers are expected to arrive on time, maintain docking schedules, and avoid dead time.

Data 91

Data Vendor Strategies Logistics Network Optimization Software Expense Reduction 91

Logistics Bureau

OCTOBER 2, 2016

If your supply chain network design has not been under the microscope, and you care about business success, it’s probably time to consider the benefits of a design review and optimisation exercise. Inventory shortages. Inventory and storage costs. Inadequate inventory management. Long delivery lead times.

Supply Chain Design Software 99

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 99

Turvo

NOVEMBER 16, 2021

In such tricky times, exercising forward-thinking and planning shipments in advance can help businesses take advantage of the holiday season. The Meishan terminal at the Ningbo-Zhoushan Port shutdown is the perfect example of this. Stocking up on the inventory is the need of the hour.

Freight 85

Freight Supply Chain Planning Software Scenario Planning Security 85

Now, That's Logistics

SEPTEMBER 14, 2021

For many manufacturing and distribution organizations, for example, inventory management may be the pain point most worthy of attention. Getting a handle on supply chain visibility is more than just a buzzword or total quality exercise,” East West concludes. “It’s

Supply Chain Software 78

Supply Chain Software Supply Chains Logistics Network Optimization Software Inventory Reduction 78

Logistics Bureau

APRIL 15, 2016

The purpose of a warehouse is to provide storage of products to meet customer demands and inventory allows the decoupling of demand and supply. Often this inventory is used to smooth out the supply chain from disruptions (whatever they might be). All of these symptoms potentially are a sign that a slotting exercise is overdue.

Waste Reduction 73

Waste Reduction Supply Chain Planning Software Cost Reduction Inventory Reduction 73

PINC

JANUARY 22, 2020

Here’s a synopsis of his most-read articles for the year and the evergreen insights that he shared with readers: Excess Inventory? For example, ZF revealed the autonomous Terminal Yard Tractor to the world in 2018. The High Cost of The One Percent Inventory Accuracy in Your Supply Chain (Logistics Viewpoints). No Problem.

Article 10

Article Supply Chain Software Supply Chains Logistics Network Optimization Software 10

GlobalTranz

APRIL 6, 2021

For example, many supply chain resiliency plans may have considered a health crisis in which organizations and key partners face lower-than-normal staffing levels. The demand caught off-guard those retailers and suppliers who relied on just-in-time inventory practices. Embracing technology is part of that solution. Overall, U.S.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Software Supply Chains Manufacturing Procurement 75

Material Handling and Logistics

OCTOBER 23, 2018

And then if a factory runs out of materials or a ship cannot make it to a port, companies can dynamically shift inventory or production somewhere else, or find an alternate berth for that ship stuck out at sea. Streamlining Processes. Many companies source production in other countries as a means of reducing cost.

Supply Chain Planning Software 74

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 74

Logistics Bureau

OCTOBER 1, 2024

Optimizing Inventory Management So what are some of the causes for warehouses getting clogged up like this? Well, a lot of it is related to inventory management. If we look at the right hand layout, which is after going through a slotting exercise, you can see how all of the faster movers are now down towards the dispatch area.

Capacity 75

Capacity How To Sorting Purchasing Skills 75

Logistics Viewpoints

JUNE 28, 2024

The information the companies gather could, for example, allow managers to receive information about unexpected frost harming cherry production or information about harvesting delays, which could result in inventory changes.

Purchasing Skills 110

Purchasing Skills Logistics Network Optimization Software Waste Reduction Price Reduction 110

Logistics Bureau

NOVEMBER 14, 2018

Thus, if you find out that an expensive transport solution (courier for example) is routinely being used to deliver a low margin product to a customer, you’ll understand that much better if the end result for you turns out to be a loss. Customer-specific services. Returns management. The Value of Knowing Your CTS.

Purchasing Skills 93

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 93

Logistics Viewpoints

MAY 25, 2023

I’ve seen our own R&D team test some very cool applications and have been following the news closely in search of other examples relevant to supply chain. Beyond these targeted examples, I see even more promise in broader applications: code generation, knowledge management, and user interfaces.

Supply Chain Planning Software 112

Supply Chain Planning Software Supply Chain Software Supply Chains Negotiating Skills 112

Sabinext

FEBRUARY 11, 2019

London, for example, accounts for 32 % of the UK’s national GDP produced by only 23 % of the population. Moving thousands of people and products effectively from A to B on a daily basis is an incredibly complex exercise, both financially and environmentally. The challenge of being too big to fail. Data-driven approach.

Optimal Sourcing 67

Optimal Sourcing How To Logistics Network Optimization Software Logistics 67

Logistics Manager

MARCH 10, 2020

The next step is to make sure all inventory is within reach and outside impacted areas and logistical hubs. Supply chain leaders and their teams can, for example, conduct a scenario planning exercise and develop action plans. It’s also important to assess how customer spending might be affected.

Gartner 67

Gartner Scenario Planning Supply Chains Security 67