Logistics Viewpoints

JULY 12, 2022

This practice is typically owned by the sales and/or marketing organization, which is why it is so important for transportation and logistics departments to have input into customer service strategies. For example, do all customers need to be serviced equally regardless of size? This is where finance can help.

Cost Reduction 130

Cost Reduction Material Savings Resource Reduction Price Reduction 130

Logistics Viewpoints

OCTOBER 24, 2024

The Warner Music Group was an early adopter. At one of the demo booths, what stood out was the ability of the procurement solution to track savings leakage over the course of a contract. When a procurement contract is negotiated, the buyer has planned to achieve a certain level of savings.

SAP 119

SAP Procurement Solutions Manufacturing Procurement Procurement Analytics 119

3PL Links

DECEMBER 24, 2024

For example: we have the traditional warehouse and the cold storage warehouse. Meanwhile, cold storage is designed for storage that requires strict temperature control, such as perishable foods, pharmaceuticals, or biological materials. Reduction of time when carrying out tasks. Greater savings on operational costs.

Inventory Reduction 62

Inventory Reduction Material Savings Optimization Software Cost Reduction 62

EazyStock

FEBRUARY 17, 2021

Inventory Replenishment Strategies to Boost Profitability. For manufacturers, running out of raw materials can lead to delays in production, while wholesalers and retailers can experience a short-term drop in sales and longer-term issues with customer attrition. 5 Inventory Replenishment Strategies to Increase Profits.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction 75

Logistics Viewpoints

JANUARY 31, 2022

Saint-Gobain designs, manufactures, and distributes materials and solutions for the construction, mobility, healthcare and other industrial application markets. These avoided CO2 emissions from their products, they argue, are around 40 times the Group’s own total carbon footprint. The company has a continuous innovation process.

Material Savings 111

Material Savings Cost Reduction Price Reduction Expense Reduction 111

GlobalTranz

NOVEMBER 2, 2015

Automated material handling systems reduce—and sometimes eliminate—the need for human intervention in industrial tasks. When “touches”—human intervention—are reduced, costs are significantly impacted. Research , in fact, shows the North American market for automated material handling is projected to grow at a CAGR of 8.1%

Materials Handling 104

Materials Handling Material Savings Handling Automation 104

Logistics Viewpoints

AUGUST 1, 2024

In today’s dynamic business environment, disruptions like material shortages or changing customer preferences can cripple your bottom line. Top Challenges Faced by Companies: Customer Preferences: Example: An online fashion retailer faces the challenge of constantly changing customer preferences.

Supply Chain Design Software 126

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

Logistics Viewpoints

NOVEMBER 8, 2022

So, how can organizations tackle the inflationary environment by finding significant cost savings opportunities while improving resiliency? transportation, warehousing) or materials – direct, indirect, MRO (Maintenance, Repair, and Operations), goods for resale. Early pay discounts or extended payment terms.

Optimal Sourcing 115

Optimal Sourcing Sourcing Strategies Material Savings Supply Chain Software 115

GlobalTranz

JANUARY 21, 2015

As a supply chain director, manager, or boss of a multinational corporation, where the supply chain is an integral part of your business, supply chain cost reductions are always at the forefront of your team’s mind. Vendor Managed Inventory Model for Supply Chain Cost Reductions. What is Reverse Marketing? Get a detail of costs.

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

Logistics Viewpoints

DECEMBER 2, 2021

Importers will look for near-term strategies to move their shipments away from congested trade lanes or process containers further inland to minimize the impact of lead time variability that has dramatically increased in 2021. Online buying will fuel home delivery growth, challenges and new strategies.

Waste Reduction 141

Waste Reduction Cost Reduction Inventory Reduction Resource Reduction 141

Material Handling and Logistics

JULY 29, 2018

The result is that companies must balance the expectations of these groups with the need to make a product that consumers want and are willing to pay for. Reducing energy costs often reduces GHG emission. And finding alternative energy, which again reduces GHG emissions, is the next step. The ROI of Natural Gas.

Sourcing Strategies 133

Sourcing Strategies Cost Reduction Price Reduction Material Savings 133

Logistics Viewpoints

SEPTEMBER 19, 2023

Risk events that happen in one part of the supply chain can cause a disruptive effect that is amplified multi-fold given the complex connectivity of labor, raw materials, and capacity. The bullwhip effect is one example of this disruptive effect, when small changes in demand cause huge demand spikes downstream.

Supply Chain Design Software 119

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 119

Talking Logistics

SEPTEMBER 5, 2018

One area that many companies overlook for potential benefits is material handling and fleet management. That’s one of the key questions I addressed with Jeff Burns, President of Kenco Material Handling Solutions , in a recent episode of Talking Logistics. Material Handling Challenges. Fleet Management: A Different Definition.

Materials Handling 77

Materials Handling Material Savings Handling Optimal Sourcing 77

Logistics Viewpoints

JANUARY 20, 2025

The National Product Supply Group, governed by members from most US producing bottlers, develops the collaborative supply chain plan based on defined governance processes. For example, a large customer may place a large, unforeseen order that becomes visible at 9:00 a.m. Should it be used to forecast a group of materials?

Supply Chain Planning Software 88

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chains 88

Logistics Viewpoints

AUGUST 5, 2021

Investor concern about material risks from climate change have created new reporting frameworks, such as those by the Sustainability Accounting Standards Board (SASB) and the Task Force on Climate-related Financial Disclosures (TCFD). UPS saves time and money at a level worth reporting on earnings calls, but they are also more sustainable.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chains Material Savings Waste Reduction 130

Material Handling and Logistics

JANUARY 22, 2019

As leaders gather at the of the World Economic Forum Annual Meeting in Davos for a week of high-level discussions on the future of the global economy, the CDP group released its annual rankings of the top green businesses. CDP's rankings score the thousands of companies which disclose to the organization on their environmental action.

Material Savings 107

Material Savings Manufacturing Procurement Purchasing Skills Cost Reduction 107

WorkWave

APRIL 8, 2019

If you visit your town Facebook group you will likely notice a post along the lines of “Hey! Pre-Planning Your Social Strategy. Completing the following questions, outlined by Marketing Consultant Mark Schaefer, will be helpful when building out your social media strategy: 1)What makes you truly unique? Executing The Strategy.

Material Savings 74

Material Savings Resource Reduction Waste Reduction Strategy 74

SYSPRO Smarter ERP

FEBRUARY 22, 2024

Using alphanumeric logic can help you optimize simple picking strategies without having to implement a full-blown warehouse solution or warehouse mapping solution. Separate raw materials and finished goods. Use space-saving containers or shelving. Group multiple orders. Establish a layout based on order picking.

Manufacturing Procurement 116

Manufacturing Procurement Inventory Reduction Expense Reduction Waste Reduction 116

Logistics Viewpoints

JULY 12, 2024

Offering a discounted membership in the days leading up to Prime Day is another way Walmart has been stepping up its effort to woo customers over from the e-commerce giant. For example, the grocer released its first report on corporate social responsibility efforts last year. shipping containers and stacking them up to six high.

Material Savings 124

Material Savings Waste Reduction Resource Reduction Logistics Network Optimization Software 124

SYSPRO Smarter ERP

MARCH 2, 2022

Just-in-time focuses on having materials arrive just as production is scheduled to begin. To mitigate the risk of unexpected supply chain disruptions, sourcing strategies will need to be revised. The quality of goods received may not be as easy to control and procurement may not know about the quality of materials until they arrive.

Optimal Sourcing 116

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Software 116

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. For example, are you still a minority owned company?

Manufacturing Procurement 125

Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 125

Talking Logistics

JUNE 21, 2018

Virtually all industries today are undergoing digital transformation, but the opportunities for cost savings, as well as productivity and service improvements, are arguably greatest in the Heavy Building Materials (HBM) industry because of all of their current manual and paper-based processes. Kyle provided an example. “If

Material Savings 72

Material Savings Digital Industry Cost Reduction 72

Freightos

APRIL 25, 2024

Despite the reduced customs costs, both companies are likely shipping by air at a loss—a sustainable strategy for their coffers but one that majorly impacts supply chain organizations reliant on the same volumes. rates soared to about $13/kg due to pandemic-driven demand and reduced capacity. These rates dipped to around $3.50/kg

Cost Reduction 117

Cost Reduction Cargo Price Reduction Resource Reduction 117

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 111

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

Logistics Viewpoints

FEBRUARY 3, 2022

planning offers an alternative to swinging the pendulum and as the strategy that provides the supply chain resilience leaders seek. As you evaluate strategies to mitigate risk and build resilience, beware of headlines blaming JIT inventory practices and recommending a move to JIC. A change to one link (e.g. on-time delivery).

Inventory Reduction 132

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Inventory 132

Logistics Viewpoints

MAY 3, 2022

A growing number of consumers are asking the brands they buy from to invest in sustainability throughout the supply chain, from the materials they use to make products, to the transportation options they use to deliver products. We found three key strategies that could serve as a blueprint for other supply chains: Rethink Packaging.

Supply Chain Design Software 110

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 110

SYSPRO Smarter ERP

SEPTEMBER 8, 2022

High and increasing costs, in combination with long recovery times, have triggered many companies to reassess their customer service plus supply-chain strategies and footprints to make them more resilient to any kind of disruption. Reducing risk in supply chains. Implementing a procurement strategy.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 105

CH Robinson Logistics

JUNE 20, 2019

When I talk to worldwide businesses in Asia, Oceania, North America, or anywhere else, their chief concern is always the same: how do we meet our customers where they are to get them the products and services they want, all while keeping our own business strategy central? How to prioritize supply chain strategy for business expansion.

Sourcing Strategies 48

Sourcing Strategies Vendor Strategies Inventory Reduction Resource Reduction 48

Logistics Viewpoints

APRIL 1, 2021

Here are some examples of such use cases. Such sourcing events can be in the context of direct materials or logistics capacity. Collaborating with suppliers on demand forecasts, inventory, and capacity: Supply chain teams can make optimal projections of material and capacity needs by supplier.

Optimal Sourcing 115

Optimal Sourcing Manufacturing Procurement Procurement Analytics Supply Chain Planning Software 115

Logistics Business Magazine

NOVEMBER 6, 2024

Single people mark the occasion by spoiling and treating themselves to gifts and presents, but it wasn’t until Chinese eCommerce giant Alibaba chose the date to offer heavily discounted merchandise on its platform for 24 hours, starting at midnight on the 11th November, 2009, that Singles’ Day became a major commercial event.

Supply Chain Software 58

Supply Chain Software Automation Supply Chain Design Software Sorting 58

Logistics Viewpoints

FEBRUARY 28, 2022

Alex Pradhan, Product Strategy Leader John Galt Solutions, told me that “all planning vendors have bold marketing around AI.” Lead times, for example, are a critical form of master data for planning purposes. The processing units in an oil refinery, for example, operate at high temperature and high pressure.

Supply Chain Planning Software 141

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 141

The Lean Thinker

MARCH 23, 2023

During the war there was huge growth and turnover within the industrial base as production shifted from civilian products (locomotives, for example) to wartime production (tanks). Today there are a lot of people, both internal trainers and quite a few outside training companies and consultants, using this material to teach.

Buyer Training 195

Buyer Training Material Savings Course Optimal Sourcing 195

Logistics Bureau

OCTOBER 2, 2016

Supply chain strategy is critical to business success, but is often underestimated in its importance and hence receives less strategic 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 99

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

GlobalTranz

APRIL 20, 2018

Environmental Protection Agency broadly describes sustainable manufacturing as the process of producing manufactured goods through the use of eco-friendly practices and materials that aim to reduce harmful impacts to the environment while conserving energy and protecting our natural resources.

Manufacturing Procurement 78

Manufacturing Procurement Waste Reduction Material Savings Cost Reduction 78

Logistics Viewpoints

DECEMBER 14, 2023

This calls for treating suppliers as partners in a relationship built on trust and transparency that reduces risk across the supply chain and ensures business continuity. These scenarios should consider any financial implications, such as missing out on price breaks or preferred customer discounts.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Optimal Sourcing 130

Talking Logistics

DECEMBER 4, 2017

Last month, I attended and spoke at the Command Alkon ELEVATE 2017 conference , where I learned many things about the Heavy Building Materials (HBM) industry. For example, I learned that there’s a difference between cement and concrete, even though many people use the terms interchangeably.

Supply Chain Planning Software 0

Supply Chain Planning Software Material Savings Supply Chain Software Conference 0

Conger

JANUARY 27, 2023

Examples of automation range from a household thermostat to a large industrial control system, self-driven vehicles, and warehousing robots. Examples are industrial robots and multipurpose CNC machines. When automation is used in industries or manufacturing, it is called industrial automation.

Supply Chain Software 52

Supply Chain Software Examples Supply Chain Design Software Supply Chain Planning Software 52