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. Suppliers should have both secure development lifecycle with certified or registered products and host systems where possible.

Supply Chain Software 124

Supply Chain Software Manufacturing Procurement Logistics Network Optimization Software Automation 124

Logistics Bureau

MAY 31, 2021

If yours is one of those businesses shifting from traditional to online retail, you’ve probably faced some of the logistical challenges arising from the need to deliver your customers’ purchases to them. 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.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

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. The company is selling Coyote for $775 million less than the purchase price. billion in 2015.

Purchasing Skills 116

Purchasing Skills Logistics Network Optimization Software Waste Reduction Price Reduction 116

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. For example, hand sanitizer sales spiked 313% during one week in February 2020, according to reports from Nielsen. 2020 Was A Year Of Supply Chain Disruption. Overall, U.S.

Supply Chain Planning Software 75

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

Logistics Bureau

OCTOBER 1, 2024

I was going to say poor but inappropriate purchasing policies. You know, you’ve got to try and balance that purchase quantity versus purchase frequency and look at the total cost of ownership of inventory, not just the purchase price. Well, a lot of it is related to inventory management. It could be inappropriate.

Capacity 75

Capacity How To Sorting Purchasing Skills 75

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

Envase Technologies

JULY 21, 2022

Without question, the largest cost incurred by any small trucking company is the purchase of fuel. Well managed fuel programs can provide excellent opportunities for savings on fuel purchases. We offer one, and participating companies saved close to 15 percent on their fuel purchases in the first 20 days of July.

Procurement Solutions 75

Procurement Solutions Purchasing Skills Eliminating Excel in Purchasing Optimization Software 75

GoShip Blog

FEBRUARY 28, 2023

Some examples of CPGs are personal hygiene products, food, beverages, and cosmetics. CPGs often have a limited shelf life since these are goods that we all purchase for immediate use. Examples of goods under this category are shoes, dresses, cars, jewelry, and perfumes. One such example is a Rolls Royce.

Packaging 52

Packaging Manufacturing Procurement Purchasing Skills Buyer Training 52

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 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. It’s a 56 rows tables, I’ll just paste a demo screenshot: As a conclusion, I found out that my monthly Mercadona purchase is around 150€, considering that I live alone and take care of all my house chores by myself.

Inventory 52

Inventory Eliminating Excel in Purchasing Purchasing Skills Exercises 52

Logistics Bureau

JANUARY 25, 2017

One person’s supply chain career might be focused on the specific area of freight forwarding, for example, whereas another person’s might encompass end-to-end operational management from raw materials management to customer invoicing. Supply chain is often what people define it to be. Check your possible “return on investment” too.

Negotiating Skills 75

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 75

10xLogistics

NOVEMBER 19, 2013

If you remember, a few months ago XPO purchased 3PD which catapulted the company into the a leading position in big box (Think appliances, home exercise equipment, massive TVs etc.) home delivery. The acquisition of Optima by XPO solves that problem for home deliveries made by XPO / 3PD.

Refrigeration 48

Refrigeration Manufacturing Procurement Procurement Solutions Purchasing 48

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. For example, supplier performance issues can cause problems with inventory, order fill, on-time delivery performance, and customer-order lead times. . Mini Case Study: Walmart.

Supply Chain Design Software 111

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

Logistics Manager

MARCH 10, 2020

Consumers: Consumers may be more cautious in their purchasing habits due to fears about being in public and potential exposure to the virus. Supply chain leaders and their teams can, for example, conduct a scenario planning exercise and develop action plans. Many may turn to online sales, challenging logistics networks.

Gartner 67

Gartner Scenario Planning Supply Chains Security 67

Logistics Viewpoints

SEPTEMBER 4, 2023

Any shipment moving from Siloam Springs to Bentonville, Arkansas, for example, would be one lane. An RFP is a data intensive exercise. Simmons always does an ROI analysis prior to purchasing a solution. A lane involves a specific origin and destination. This made the data analysis easier.

Procurement Solutions 115

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 115

Logistics Bureau

APRIL 4, 2022

It will also make it easier to determine, for example, if you should opt for contract rates over spot rates or vice versa. Firstly, if you plan to benchmark as a one-off exercise now and again, you might engage a specialist team of consultants to execute a project for you. What Are Your Freight Benchmarking Options?

Negotiating Skills 96

Negotiating Skills Purchasing Skills Logistics Network Optimization Software Supply Chain Planning Software 96

ShipLilly

FEBRUARY 8, 2023

For example, some businesses could position themselves as the source for hard-to-find items that have not been recently stocked by most rivals. For example, businesses may conclude that the combination of low demand and high inventory will be so damaging to the bottom line that it is better to offer inventory at discounted prices.

Inventory Reduction 52

Inventory Reduction Inventory Handling Price Reduction 52

Logistics Bureau

SEPTEMBER 4, 2023

Potential Factors in Declining Margins To get to the root of the problem, understanding the costs of production or purchasing will be a necessary starting point, but typically, more information will be needed. Some customers are very good at finding loopholes to reduce their purchasing costs. In short, you can’t.

Negotiating Skills 98

Negotiating Skills Purchasing Skills Cost Reduction Analysis 98

Logistics Bureau

JULY 21, 2017

For example, Wal-Mart is very clearly intent on providing consumers with the lowest prices, while Target offers “the better low-price shopping experience” Kmart though, is kind of stuck in the middle with no clear message to differentiate itself. A Long History of Supply Chain Strategy Misalignment.

Cost Reduction 68

Cost Reduction Inventory Reduction Price Reduction Vendor Strategies 68

The Logistics Academy

AUGUST 21, 2016

One is the traditional store approach which requires customers to go to the store to purchase products from stocked shelves. For example, they are dealing with slowing store sales and are closing stores. It is not fulfillment exercise of shipping quickly from distribution centers. Omnichannel with e-commerce is retail duality.

Supply Chains 40

Supply Chains Purchasing Skills Exercises Ordering 40

Logistics Bureau

AUGUST 17, 2017

For example, typical order size, order frequency, geographic location, and brand support. Identify the cost drivers within the supply chain, such as: purchasing, storage, transport, customer service, sales, and account management. Determine cost allocation rules for each unique customer and product grouping identified.

Purchasing Skills 45

Purchasing Skills Cost Reduction Inventory Reduction Resource Reduction 45

GlobalTranz

JANUARY 21, 2015

The manufacturer has access to the distributor’s inventory data and is responsible for generating purchase orders. Definition: Solicit your suppliers to come into your company to assist you with Supply Chain Cost Reductions, and other important issues, rather than your suppliers soliciting your purchasing dollar.

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

Logistics Bureau

NOVEMBER 6, 2023

For example, could some areas of your warehouse be adapted via racking optimisation to store higher inventory volumes? A warehouse benchmarking exercise is an excellent way to start the quest for improvement opportunities. For example, you could reduce human labour by deploying robotic equipment or other forms of direct automation.

Cost Reduction 98

Cost Reduction Purchasing Skills Waste Reduction Material Savings 98

Logistics Business Magazine

JUNE 11, 2024

Through this CO2 review exercise, Palletower has looked at the impact that the distribution of goods is having towards today’s climate crisis, and ways in which its own changes to the supply chain are a microcosm of potential change the industry could make. Furthermore, it has improved Palletower’s own sustainability efforts.

Manufacturing Procurement 50

Manufacturing Procurement Sourcing Strategies Material Savings Expense Reduction 50

FreightWaves SONAR

JUNE 5, 2023

In this blog post, we’ll walk through some of the obstacles to medium-term demand planning, consider how high-frequency supply chain data can help fill the informational gaps that companies are grappling with, and then look at a real-world example of how the data in FreightWaves SONAR can give insight into the goods economy.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Data Freight 52

Logistics Bureau

JULY 27, 2016

However based on observations made in the course of our consulting work, many organisations perceive it as a purely remedial or punitive exercise. For example, companies often make the mistake of ramping up performance evaluation only when one of their vendors begins to let them down. Why is this a mistake?

Vendor Strategies 40

Vendor Strategies Resource Reduction Waste Reduction Inventory Reduction 40

Logistics Bureau

OCTOBER 10, 2024

Examples include discrete pick (as assignment per order), consolidated orders, often used when discrete picking happens at the customer venue, and so on. For example, what if you have a lot of fast-moving products? Slotting applications can be expensive to purchase and require highly technical skills to operate.

Production 74

Production Inventory Reduction Cost Reduction Expense Reduction 74

Logistics Bureau

JULY 27, 2020

Its objective is to give confidence to the 70% of consumers concerned about the ethical background behind their jewellery purchases. Examples of Blockchain in Food Supply Chains. The examples we’ve looked at in this article are just a few of many projects, pilots, trials, and tests that companies across the world are undergoing.

Supply Chain Planning Software 69

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

Logistics in War

SEPTEMBER 21, 2019

Combat units particularly had fallen into a very austere mindset exacerbated by short exercises where soldiers and unit-level Q staff were able to be self-sufficient for the duration. This would not be like a month-long exercise in the local training area. Additionally, no logistics units held stock remotely near the requirement.

Supply Chain Planning Software 51

Supply Chain Planning Software Scenario Planning Logistics Network Optimization Software Logistics 51

Logistics Business Magazine

DECEMBER 11, 2022

For example, a big-box retailer that started to build out its pickup services, it delivery services, and so on, so that when the world pivoted, and stores were closed, but people still wanted this retailer’s products, it already had all of that investment there. Consumers are looking for more durable products.

Supply Chain Planning Software 55

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 55

CLX Logistics

APRIL 27, 2016

The most common goals of supply chain visibility include the following, but as your company completes this exercise, be sure to include quantifiable metrics: Reduce business and supply chain risk. Consider the ways rich data collection can help shape your supply chain towards lower cost and optimal performance.

Optimal Sourcing 40

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 40

Logistics Bureau

OCTOBER 19, 2017

For example, customer demand for a product may suddenly rise. For example, the Disaster Recovery Journal indicates the main sources of business interruption. For example, faulty production equipment can lead to poor product quality. For example, one of your competitors buys one of your key suppliers. Here’s an example.

Supply Chain Planning Software 45

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

Logistics Marketing Advisors

JUNE 20, 2018

For example, if you regularly share information with your list using a marketing automation tool like HubSpot, you can easily determine who is and isn’t interacting with your content. This means, for example, no pre-selected checkboxes on forms. Now, let’s address the letter versus the spirit of the law using an example.

Procurement Solutions 40

Procurement Solutions Procurement Analytics Logistics Network Optimization Software Compliance 40

World Food Programme Logistics

MARCH 1, 2019

21 countries in the region have home-grown initiatives which link local agricultural production to purchase for local school feeding, with a clear intent to benefit farmers and communities as well as children. Purchasing locally grown foods for school feeding programmes helps the wider community.

Government 40

Government Food and Agriculture Sourcing Strategies Supply Chain Design Software 40

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. There is also the question of ethical procurement and purchasing to think about. Click To Tweet.

Supply Chain Design Software 99

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

Infosys Supply Chain Management

SEPTEMBER 27, 2014

Containing key Asset information such as historical maintenance Logs, Equipment manuals, purchase and registration Information, warranty and lease details etc. Since the time an Asset was put into operations until it was salvaged or deemed to be discontinued, they were pretty much tagged along departmental boundary.

Digital 32

Digital Vendor Strategies Exercises Purchasing 32

Conger

DECEMBER 13, 2022

This includes demonstrations by the qualified trainer and practical exercises by the trainee. Hands-on training involves “demonstrations performed by a qualified trainer and the trainee performing practical exercises” [OSHA standard 1910.178(l)(2)(ii)]. For example, Conger’s forklift operator certification course is about 8 hours long.

Buyer Training 52

Buyer Training Training Course Purchasing Skills 52