Logistics Viewpoints

OCTOBER 21, 2021

Pop up warehouses, micro fulfillment centers, and warehousing-on-demand are all examples of how the nodes are becoming increasingly dynamic. However, with the new generation technologies, it now is practical to keep the data feeds fresh to make the modeling exercises a continuous, ongoing discipline. He received his Ph.D.

Supply Chain Design Software 129

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

Talking Logistics

SEPTEMBER 4, 2018

For Management: a balancing strategy, etc…. It is about keeping all (well most) of the stakeholders of the supply chain content and taking into consideration the supply chain strategy of the organization. Example A: Fashion Retailer – Business Strategy is short life cycle products. Sales Strategy. Faster turn over.

Inventory Reduction 97

Inventory Reduction Inventory Logistics Network Optimization Software Cost Reduction 97

Logistics Viewpoints

AUGUST 9, 2022

Strategy and leadership teams might elect to be alerted to production line disruptions, for example, so they receive details about every impacted order. Transportation teams could drill into their top bottlenecks by facility, carrier performance, dwell time and volume.

Inventory Reduction 148

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Inventory 148

SYSPRO Smarter ERP

AUGUST 9, 2022

Digital transformation has quickly become an essential part of any successful business strategy which has also resulted in a skills gap. Investing in an ERP system and other business systems is an expensive exercise and by not investing resources into training and education, manufacturers will not get the full return on investment.

Course 105

Course Buyer Training Waste Reduction Expense Reduction 105

Shipping and Freight Resource

JUNE 29, 2020

With the right packaging, strategy, and tools, you can cut shipping costs by as much as 60%. You can also test different packaging materials and strategies, and get quantifiable data about how much better, or worse, different routes, shipping methods, and packaging are for the contents of your boxes and pallets.

Material Savings 115

Material Savings Cost Reduction Expense Reduction Resource Reduction 115

The Lean Thinker

DECEMBER 21, 2017

On the one hand, the practice has become more sophisticated as people explore and learn application in contexts other than the original industrial examples. That book provides working examples of vertical linkage between organizational strategy and shop floor improvement efforts. Study the Process’s Operating Patterns.

Material Savings 236

Material Savings Examples Resource Reduction Price Reduction 236

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 Viewpoints

MAY 22, 2023

Moreover, this exercise might need to be repeated several times depending on how the war proceeds. For example, we can have “Texas Small Volume” customers and “Florida Peak Season” customers, or “East Coast High Margin” customers and “Carolinas High Priority” customers. Their time frame was short and resources limited.

Supply Chain Design Software 123

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

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 Bureau

JANUARY 7, 2020

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 131

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 131

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

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 Viewpoints

JULY 22, 2021

For example, forecasts are generated using the past three years of history, implicitly assuming history repeats. Madhav Durbha is the Vice President of Supply Chain Strategy Coupa Software , where his team helps customers and prospects solve various supply chain challenges.

Supply Chain Planning Software 162

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

Logistics in War

AUGUST 18, 2019

Part Two offered examples where militaries get it right, and a number of examples where events did not transpire as well as they might. In the Australian example, this ratio has featured in every review of Defence undertaken in the forty years since the ADF was formed. I described the interplay between logistics and readiness.

Military 93

Military Exercises Resource Reduction Logistics Network Optimization Software 93

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 118

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 118

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. Therefore, any slotting strategy should focus on minimising such travel. However, sometimes different approaches are necessary.

Production 106

Production Inventory Reduction Cost Reduction Resource Reduction 106

Bringg

AUGUST 16, 2018

The best example is probably Amazon Prime, with the company announcing early this year that they now have over one hundred million subscribers worldwide. However, can this strategy be sustainable and profitable in the long term? With rising costs of fuel and driver salaries on the rise, the initiative could become a costly exercise.

Expense Reduction 72

Expense Reduction Cost Reduction Purchasing Skills Exercises 72

Talking Logistics

NOVEMBER 1, 2018

Instead, today’s business environment shows that re-routes need to happen much more often, be part of the company’s strategy assessment process and even impact tactical and operational routing decisions. For most, re-routes are a painful and time-consuming exercise. Two Key Technology Changes. Let me know.

Resource Reduction 71

Resource Reduction Cost Reduction Supply Chain Planning Software Networks 71

SYSPRO Smarter ERP

JANUARY 19, 2022

For example, one of the main problems with Asian-US trade is that all container ship deliveries are now routed to the West Coast, even though the bulk of America’s manufacturers are based on the East Coast. To assist with the short-term solution, the answer is an extensive data-gathering exercise. Use data to improve operations.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 105

Airfreight Logistics

NOVEMBER 1, 2020

This shipment is a great example of collaboration between carriers, ground handling agent, freight forwarder, container manufacturers, airport and customs authorities. Understanding the supply chain constraints now is primarily important as there is still time to fix any discrepancies we might have before COVID-19 vaccine regular shipments.

Scenario Planning 69

Scenario Planning Cargo Exercises Collaboration 69

Talking Logistics

APRIL 6, 2017

While these approaches can certainly deliver a significant return on investment (ROI), other strategies that can positively impact their transportation network are often overlooked – for example, thinking more strategically about capacity. Do you have a resilient and “stress-able” routing guide?

Capacity 71

Capacity Price Reduction Sourcing Strategies Cost Reduction 71

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 102

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 102

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. But I was skeptical. It is not enough to have data; you need the right kind of data! And this would continue until a product supply chain was mapped.

Supply Chain Software 139

Supply Chain Software Supply Chains Optimal Sourcing Procurement Solutions 139

GlobalTranz

NOVEMBER 12, 2015

For example, drivers are expected to arrive on time, maintain docking schedules, and avoid dead time. However, you must exercise caution to make sure you do not damage your vendor-shipper relationship. For example, holiday forecasts in shipping are often used to add more workers to loading docks, shipping centers, and warehouses.

Data 91

Data Vendor Strategies Logistics Network Optimization Software Expense Reduction 91

Logistics Bureau

OCTOBER 29, 2020

Suppose you wanted to be the fastest runner in the world, for example. For example, are you sure that you don’t have one or two business units that excel in a performance element which, otherwise, is proving to be a weakness for your supply chain operations? Those levels are “benchmarks”.

Supply Chains 91

Supply Chains How To Scenario Planning Cost Reduction 91

Logistics Bureau

SEPTEMBER 4, 2023

We’ll begin with a look at pricing strategy. Do You Lack Confidence in Your Pricing Strategies? If not, your pricing strategies could inadvertently limit your profit margins , either by throttling revenue or gifting sales to your competitors. Are You Missing Opportunities in Pricing Strategy?

Negotiating Skills 103

Negotiating Skills Purchasing Skills Cost Reduction Analysis 103

Logistics Business Magazine

NOVEMBER 24, 2022

Building resilience into their operations, either through new business strategies or new digital capabilities, is now a key priority for all shippers, carriers and logistics service providers. One example is multi-shoring. However, this will go a step further in 2023. Collaboration takes centre stage.

Trends 68

Trends Sourcing Strategies Transportation Cost Reduction 68

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

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

DECEMBER 6, 2024

Looking to real-life examples for inspiration, we can ask, ‘Who does reverse logistics well?’ For regulators and the public, reverse logistics may be judged by how safe and how green the process is, for example, recycling products instead of throwing them into a landfill. Reverse Logistics Strategy 1: Don’t do it!

Reverse logistics 62

Reverse logistics Cost Reduction Vendor Strategies Inventory Reduction 62

ShipLilly

SEPTEMBER 20, 2021

Others are of the view that this is nothing more than a public relations exercise without really dealing with spot capacity and price issues. For example, Drewry’s World Container Index weekly assessment reached the heights of $10,834 per forty-foot equivalent unit.

Price Reduction 94

Price Reduction Cost Reduction Material Savings Maritime 94

Logistics Business Magazine

MAY 22, 2023

Contrary to popular opinion the Standard is anything but a box-ticking exercise, especially in its 2015 reiteration. but by requiring the organisation to ask the right questions and to listen to and act on the answers, for example the feedback from customers and suppliers. Our experience at Bis Henderson Space serves as a good example.

Cost Reduction 60

Cost Reduction Course Warehousing Exercises 60

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 62

Supply Chain Software Supply Chains Material Savings Sourcing Strategies 62

Logistics Bureau

FEBRUARY 28, 2019

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 that’s 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 69

Supply Chain Software Supply Chains Sourcing Strategies Scenario Planning 69

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

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? Unpredictable is not a reason to be unprepared.

Supply Chain Planning Software 45

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

Logistics Bureau

OCTOBER 10, 2024

And, we’ve also found that by implementing a sound warehouse slotting strategy, we’ve helped clients reduce their labour costs by up to 30%. Slotting strategies often involve placing the fastest-moving SKUs close to the warehouse dispatch zones, which helps to minimise picking operatives’ travel distances and times.

Production 74

Production Inventory Reduction Cost Reduction Expense Reduction 74