Logistics Bureau

JANUARY 9, 2019

Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. In other words, the majority did not recognise the need for close alignment between supply chain and general business strategies.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 118

Logistics Bureau

MAY 31, 2021

Let’s begin with a look at why, in general, retailers with multiple sales channels are more likely to experience difficulties in reducing cost-to-serve. 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. High Cost to Serve: It’s an Omnichannel Problem.

Cost Reduction 118

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 118

Logistics Viewpoints

JANUARY 13, 2022

As organizations look for reducing dependencies on concentrated sources of supply, Eastern Europe, Mexico, and South Asian countries will start providing viable alternatives to the current manufacturing powerhouse countries. American Supply Chain Resilience Act and the German Supply Chain Act are just two examples of this.

Supply Chain Design Software 165

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 165

Logistics Bureau

APRIL 3, 2023

If you’re a decision-maker with accountability for your organisation’s entire supply chain, and you’re just starting to think about outsourcing, perhaps to reduce costs or improve service, this post should prove well worth the few minutes it will take you to read it. What Can You Outsource, and What Should You Outsource?

Outsourcing 102

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 102

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 162

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Scenario Planning 162

Logistics Bureau

DECEMBER 4, 2024

We all know it’s at the heart of most businesses, but what comes under the umbrella of inventory and how is that different to stock? What is Inventory? Inventory can best be described as any materials or goods that pass through or are held in your business and are necessary in order to carry out your trade.

Inventory Reduction 48

Inventory Reduction Inventory Material Savings Cost Reduction 48

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. Slotting is all about optimising the placement of warehouse SKUs to gain efficiency , increase productivity , and reduce operational costs.

Production 106

Production Inventory Reduction Cost Reduction Resource Reduction 106

Logistics Bureau

NOVEMBER 6, 2023

Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency. There are several possible ways to eliminate this form of energy wastage.

Cost Reduction 116

Cost Reduction Purchasing Skills Waste Reduction Material Savings 116

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 129

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

Logistics Bureau

NOVEMBER 3, 2024

Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy In 2014, a survey by Tompkins Consortium delivered a shocking revelation.

Supply Chain Design Software 71

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 71

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 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 118

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 118

Logistics Bureau

SEPTEMBER 4, 2023

If your business is experiencing a persistent reduction in profit margins, analysing your cost to serve is an advisable step in diagnosing the causes. Supply/Inventory Management Inventory management problems and supplier relationship issues , too, can creep in over time and eat away at your profit margins.

Negotiating Skills 103

Negotiating Skills Purchasing Skills Cost Reduction Analysis 103

Logistics Bureau

DECEMBER 6, 2024

Looking to real-life examples for inspiration, we can ask, ‘Who does reverse logistics well?’ This process involves handling returns, which can be due to various reasons, such as damage, defects, seasonal inventory, restock, salvage, recalls, or excess inventory. They may have ordered more than they need.

Reverse logistics 62

Reverse logistics Cost Reduction Vendor Strategies Inventory Reduction 62

Logistics Bureau

OCTOBER 4, 2024

Horizontal integration has become the go-to value chain strategy over the last two or three decades, to the point where companies that insisted upon remaining vertical became the outliers in a global field of distributed organisations. This is a good example of how vertical integration does not always have to be achieved by asset ownership.

Supply Chain Planning Software 80

Supply Chain Planning Software Supply Chain Software Supply Chains Material Savings 80

Logistics Viewpoints

JUNE 28, 2024

The end result is a blending of biotechnology and artificial intelligence to help us overcome our feeble human lives by cutting down on human aging as much as possible. It is the company’s largest plastic packaging reduction effort in North America to date and will remove almost 15 billion plastic air pillows from use annually.

Purchasing Skills 132

Purchasing Skills Logistics Network Optimization Software Waste Reduction Price Reduction 132

ShipLilly

AUGUST 5, 2021

Key questions for companies involved in the shipping industry include the nature of the congestion charge, its calculation, and how it reduces port congestion. Examples include port fires, inclement weather, and labor disputes. Certain industry professionals have come up with clever ways to reduce or remove PCS altogether.

Negotiating Skills 98

Negotiating Skills Cost Reduction Inventory Reduction Exercises 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. Matt has led high-impact teams that implemented logistics strategies and systems at P&G, Nestle, Kraft, Anheuser-Busch Inbev, Tyco, Argos and Nokia across North America, Western Europe and Latin America.

Supply Chain Planning Software 126

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

Logistics Bureau

OCTOBER 10, 2024

You can achieve the benefits by simply rearranging products – within existing storage media – to reduce travel distance for pickers in your warehouse. Essentially, it’s about organising products so that frequently picked items are easily accessible, reducing the travel time for pickers. Reduce product damage.

Production 74

Production Inventory Reduction Cost Reduction Expense Reduction 74

Now, That's Logistics

SEPTEMBER 14, 2021

5 Good Supply Chain Visibility Strategies. For many manufacturing and distribution organizations, for example, inventory management may be the pain point most worthy of attention. As you experiment with these visibility strategies, be sure to measure your successes and tweak your approach based on those results.

Supply Chain Software 78

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

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. Your distribution strategy too, will have a bearing on network optimisation.

Supply Chain Design Software 108

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Scenario Planning 108

SYSPRO Smarter ERP

AUGUST 22, 2022

With the volatile markets, offshore price cutting and increasing customer demands for quality, speed and customization, metal fabricators have had to become more innovative and adopt technology solutions to maintain competitive advantage. Challenge: The supply of raw materials and achieving optimum inventory levels.

Supply Chain Design Software 105

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

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 123

Supply Chain Design Software Supply Chain Design Supply Chain Software Modeling Software 123

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 91

Supply Chains Exercises Picking Video 91

Logistics Viewpoints

SEPTEMBER 7, 2022

The company had access to huge amounts of trade data, for example. But the further up the supply chain BD went, the less incentive suppliers had to participate in these exercises. Do I need more inventory? All those different variables go into helping us reduce the risk in a product line.” But I was skeptical.

Supply Chain Software 139

Supply Chain Software Supply Chains Optimal Sourcing Procurement Solutions 139

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

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. In the first instance, you could reduce CTS and increase profit, without upsetting the customer.

Purchasing Skills 99

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 99

Logistics Bureau

AUGUST 1, 2022

Often, in our experience, the problem is a human one… It’s not the data, not the process, not the technology, or the strategy, but the people. So, for example, the Head of Supply might be the Supply Chain Director, Supply Chain Manager, or another non-executive supply chain management specialist. Inventory turns.

Supply Chain Planning Software 115

Supply Chain Planning Software Scenario Planning Operations Supply Chain Design Software 115

Logistics Bureau

NOVEMBER 30, 2024

Supply Chain Strategy You might expect that an article section on supply chain strategy would contain some pretty complicated concepts and ideas. If so, prepare to be surprised, because it doesn’t get any more basic than this: Your company must have a documented and commonly understood supply chain strategy. “What?”

Supply Chain Design Software 48

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 48

Material Handling and Logistics

OCTOBER 23, 2018

How technology can help increase visibility and reduce paperwork. Businesses that have end-to-end visibility of their supply chain are able to react to change more quickly and reduce the harmful effects of a breakdown somewhere along the way. 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

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 42

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 42

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

Stord

OCTOBER 23, 2024

Imagine the delight of a customer discovering a perfectly assembled spa day kit, complete with everything needed for a moment of winter wellness, or the convenience of finding all the supplements and exercise apparel needed to properly kick off a new hobby - everything they need with no extra effort! Finally, kitting expertise.

Inventory Reduction 88

Inventory Reduction Supply Chain Design Software Cost Reduction Resource Reduction 88

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. Customer-centric delivery solutions.

Optimal Sourcing 67

Optimal Sourcing How To Logistics Network Optimization Software Logistics 67

ShipLilly

AUGUST 5, 2021

Key questions for companies involved in the shipping industry include the nature of the congestion charge, its calculation, and how it reduces port congestion. Examples include port fires, inclement weather, and labor disputes. Certain industry professionals have come up with clever ways to reduce or remove PCS altogether.

Negotiating Skills 52

Negotiating Skills Cost Reduction Inventory Reduction Exercises 52

Logistics Bureau

JULY 18, 2018

Looking to real-life examples for inspiration, we can ask, ‘Who does reverse logistics well?’ They may recall inventory from retailers or reprocess it because it has passed its sell-by date or demand is insufficient. A plan is necessary, possibly based on one of the following strategies. A plan is necessary.

Reverse logistics 50

Reverse logistics Vendor Strategies Logistics Network Optimization Software Inventory Reduction 50

GoShip Blog

MARCH 21, 2023

How to Create an Effective Inbound Freight Management Strategy To ensure that your inbound freight systems are seamless and efficient, you will have to pour time and energy into implementing the new processes into your business. Exercise patience when asking freight providers to take on new lanes. Communicate in a timely manner.

Inbound 52

Inbound Optimization Software Material Savings Optimization 52