Ship Monk

JANUARY 16, 2024

Are you experiencing frequent inventory discrepancies , or wishing you had a better handle on forecasting demand? If you answered yes to any of these questions, it may be time to upgrade to a perpetual inventory management system. What is a Perpetual Inventory System? Let’s start with a few definitions.

Inventory Reduction 104

Inventory Reduction Inventory Supply Chain Software Logistics Network Optimization Software 104

Logistics Viewpoints

MARCH 11, 2025

For example, with a data gateway, a supply planner gains accelerated access to customer orders, inventory levels, and transportation schedules, all in one place, to increase the user experience of making the right choice to identify inefficiencies and make better, more informed decisions.

Optimal Sourcing 131

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 131

Stord

APRIL 21, 2025

It allows brands to start selling internationally without the upfront investment of holding inventory abroad. For example, a U.S.-based In contrast, local fulfillment involves storing and shipping inventory from within the target country or region. To put things into perspective, lets revisit the apparel brand example.

Inventory Reduction 78

Inventory Reduction Cost Reduction Expense Reduction Modeling Software 78

The Logistics of Logistics

NOVEMBER 8, 2021

Many companies, especially manufacturers, utilize a just-in-time (JIT) approach to inventory management. With the delays caused by the pandemic and the port congestion, some JIT practitioners are adding more inventory just-in-case. Example: Ware2Go is providing on demand warehousing, so companies can scale with on?demand

Warehousing 370

Warehousing Supply Chain Design Software Manufacturing Procurement Logistics Network Optimization Software 370

The Logistics of Logistics

JULY 22, 2022

Increasingly consumers expect same-day, and next-day delivery, which means inventory must be located close to consumers who typically live in urban and suburban neighborhoods. Example: a micro-fulfillment company that is using 100,000 square feet can reduce the space used to 15,000 square feet. Julien’s LinkedIn.

Modeling Software 370

Modeling Software Material Savings Supply Chain Software Supply Chains 370

Logistics Bureau

AUGUST 7, 2023

Effective inventory management has become increasingly crucial for businesses in this fast-paced and rapidly evolving era of ecommerce. Moreover, the ecommerce explosion has brought new and unique challenges that complicate inventory management for enterprises selling online.

Inventory Reduction 98

Inventory Reduction eCommerce Inventory Procurement Solutions 98

Logistics Bureau

DECEMBER 22, 2024

A KPI is a practical and objective measurement of progress, either: Towards a predetermined goal, or Against a required standard of performance It might help to think of a KPI as something like an instrument on a car dashboarda speedometer, for example. Why Are KPIs Important?

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

Logistics Viewpoints

APRIL 1, 2025

For example, with a data gateway, a supply planner gains accelerated access to customer orders, inventory levels, and transportation schedules, all in one place, to increase the user experience of making the right choice to identify inefficiencies and make better, more informed decisions.

Optimal Sourcing 108

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 108

3PL Links

NOVEMBER 12, 2024

With logistics, labor, and inventory costs on the rise, finding targeted ways to reduce expenses can have a significant impact on your bottom line. Optimize Inventory Management Inventory often represents one of the largest expenses in a supply chain. Cost Saving Tips for Every Supply Chain Manager 1.

Cost Reduction 62

Cost Reduction Material Savings Supply Chain Software Supply Chain Planning Software 62

Logistics Viewpoints

JANUARY 6, 2025

For example, the application sends three auto reminders to a buyer if a PO they cut does not have a corresponding purchase order confirmation associated with it. Where and how often, for example, did a buyer deviate from the happy path? For example, once a PO is confirmed, a tender to carriers should occur within 24 hours?

Supply Chain Transformation 122

Supply Chain Transformation Supply Chain Software Supply Chains Procurement Solutions 122

Logistics Bureau

JANUARY 21, 2025

An efficient supply chain strategy is one that takes every aspect of your supply chain into account, from inventory management and warehouse design to freight tendering and transport optimisation. Inventory Management The key starting point is implementing proper ABC analysis, and you need to look at it from multiple angles.

Supply Chain Design Software 98

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

Logistics Viewpoints

OCTOBER 18, 2024

For example, in the UK, duty on a bottle of wine is currently £2.23, and on top of that, there’s a 20% VAT. For example, Ryanair was supposed to get 20 deliveries before the end of December. All of these factors can fluctuate from one year to the next. The UK treasury collects over £6 billion annually from duty and VAT on wine.

Supply Chain Planning Software 118

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 118

3PL Links

NOVEMBER 26, 2024

This helps companies to better organize products, from storage to delivery to the end customer, for example in a warehouse where robots are responsible for moving the products from one side to the other. Automated systems can track inventory in real-time. This technology not only makes everything faster, but more intelligent.

Supply Chain Software 62

Supply Chain Software Logistics Network Optimization Software Optimization Software Supply Chain Planning Software 62

Logistics Bureau

JANUARY 3, 2025

Inventory levels: Current or expected inventory levels at various locations. Inventory turnover: Inventory turns for each SKU. Variable costs: Relating to transportation, labour, and inventory management. Supplier locations: Geographic locations of your suppliers and their lead times.

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Design Distribution Networks 75

Ship Monk

OCTOBER 30, 2024

Creating products in our system Setting up billing Receiving inventory Configuring SKUs Navigating our 3PL platform Integrating their store And everything in between These are some of our major milestones that get hit on the onboarding journey. A big area that can hold up how quickly things move along is inventory. It really depends.

3PL 64

3PL eCommerce Inventory Webinar 64

Logistics Bureau

DECEMBER 31, 2024

You know how challenging it can be to manage inventory, coordinate shipments, and handle distribution all on your own? Robinson are great examples of major 3PLs that have transformed the industry. Examples of the Biggest 3PL Companies Which third party logistics providers are out there that you may have already heard of?

3PL 75

3PL Supply Chain Software Logistics Network Optimization Software Inventory 75

Logistics Viewpoints

MARCH 27, 2025

More broadly, AI can be deployed across functions to shift inventory, switch transportation modes, find new carriers, communicate across functions and regions with customers and partners, and otherwise deliver a smart, collaborative response. For most supply chain and logistics teams, their execution options are not limitless.

Supply Chain Planning Software 133

Supply Chain Planning Software Optimization Software Supply Chain Software Logistics Network Optimization Software 133

Logistics Viewpoints

NOVEMBER 26, 2024

For example, a warehouse inventory discrepancy may only matter if it affects high-priority orders or strategic customers. For example, an AI agent can detect an issue in a regional distribution center and evaluate its impact across the global network, providing planners tailored recommendations to address the disruption.

Resource Reduction 118

Resource Reduction Supply Chain Planning Software Inventory Reduction Sourcing Strategies 118

Logistics Viewpoints

JANUARY 9, 2025

Each client may have unique workflows, inventory characteristics, and throughput requirements. For example, flexible systems allow warehouses to shift resources seamlessly between e-commerce and business-to-business (B2B) operations, enabling smooth transitions between high-demand cycles for different clients.

Resource Reduction 124

Resource Reduction Logistics Network Optimization Software Modeling Software Inventory Reduction 124

Logistics Bureau

NOVEMBER 13, 2024

Beyond mere organization, a well-designed layout ensures optimal worker productivity, smooth inventory flow, and enhanced safety while minimizing costly inefficiencies. 3: Pick it Up – Put it Down … Again Every time your warehouse team members pick up an item from your inventory, it costs money for your operation.

Sourcing Strategies 75

Sourcing Strategies Optimal Sourcing Material Savings Cost Reduction 75

3PL Links

DECEMBER 24, 2024

More than just storage space, logistics warehouses allow for comprehensive inventory management, offering services or activities that add value, that is, they allow for more precise control over products, ensuring that customers receive their orders within the stipulated deadlines, which translates into greater profitability and reliability.

Inventory Reduction 62

Inventory Reduction Material Savings Optimization Software Cost Reduction 62

Logistics Bureau

JANUARY 20, 2025

Imagine your inventory system automatically placing orders when stock runs low, your warehouse robots picking and packing orders 24/7, and your delivery routes optimizing themselves based on real-time traffic conditions. What are some examples of Supply Chain Automation? What are the benefits of supply chain automation?

Supply Chain Software 75

Supply Chain Software Supply Chain Design Software Supply Chain Design Supply Chains 75

Logistics Bureau

NOVEMBER 29, 2024

Effective retail supply chain management also helps to manage inventory levels, reduce waste and ultimately customer satisfaction. Retail Supply Chain Costs These costs will of course vary by company and sector and are just an example. For example, buying in large quantities from suppliers, to get a lower unit cost.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 75

3PL Links

DECEMBER 3, 2024

Lean Logistics: Concepts In view of its proposal to simplify and optimize the supply chain, Lean Logistics presents the following pillars: Reduction of Inventories: The idea is to work with the concept of Just in Time, that is, a product is only produced after it has been sold. There is no inventory.

Waste Reduction 62

Waste Reduction Inventory Reduction Optimal Sourcing Resource Reduction 62

Blue Grace Logistics

APRIL 29, 2025

What Youll Learn: Inventory Optimization: How better inventory placement minimizes waste and costs. Real-World Examples: How companies are achieving their sustainability goals while increasing operational effectiveness.

Inventory Reduction 62

Inventory Reduction Waste Reduction Resource Reduction Cost Reduction 62

MTS Logistics

OCTOBER 29, 2024

Predictive analytics, fueled by vast datasets including historical sales, market trends, and weather patterns, enables businesses to optimize inventory levels with precision, reducing overstock or shortages and ensuring customer satisfaction through accurate demand forecasting.

Optimal Sourcing 105

Optimal Sourcing Supply Chain Planning Software Logistics Network Optimization Software Optimization Software 105

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 74

Reverse logistics Cost Reduction Vendor Strategies Inventory Reduction 74

Logistics Viewpoints

JANUARY 29, 2025

For example, if a promotion plan has not been correctly modeled for the warehouse, there may not be enough storage capacity, dock doors, or workers to execute the days work. Manhattans Omnichannel solutions provide an operating platform for digital commerce, retailers, and wholesale businesses.

Supply Chain Planning Software 94

Supply Chain Planning Software Optimization Software Modeling Software Supply Chain Software 94

Logistics Viewpoints

OCTOBER 17, 2024

An example of this is Vendor Management Inventory and Capacity Collaboration for contract manufacturing. This can help identify potential disruptions early and improve decision-making capabilities, particularly in Purchase Order, Forecast, Inventory and Quality related processes.

Supply Chain Planning Software 119

Supply Chain Planning Software Manufacturing Procurement Supply Chain Design Software Optimal Sourcing 119

Logistics Viewpoints

OCTOBER 24, 2024

For example, a buyer might say, “You only shipped me 800 of the 1000 products I ordered.” They also cover supplier managed inventory, quality collaboration, manufacturing line collaboration, and asset collaboration. The transactions are captured in the platform, eliminating “he said, she said” type arguments.

SAP 119

SAP Procurement Solutions Manufacturing Procurement Procurement Analytics 119

Logistics Viewpoints

APRIL 7, 2025

Static workflows based on outdated assumptions are no match for todays rapidly shifting inventory demands. Network Design: Strategy Without Simulation Designing a modern supply network is a balancing act between service level, inventory positioning, and total landed cost. Heres how the concept plays out in real-world logistics: 1.

Sourcing Strategies 90

Sourcing Strategies Supply Chain Planning Software Supply Chain Design Software Modeling Software 90

WorkWave

MARCH 5, 2025

The Solution: A Centralized Data Warehouse A data warehouse consolidates all business datasales, customer interactions, inventory, marketing and financialsinto a single source of truth. The provider integrated job schedules, inventory levels, and customer feedback into a single system by implementing a centralized data warehouse.

Optimal Sourcing 85

Optimal Sourcing Waste Reduction Resource Reduction Sourcing Strategies 85

Logistics Viewpoints

JANUARY 30, 2025

AI-driven tools optimize batch assignments by analyzing pick paths, order priorities, inventory, and travel costs in real time. For example, adding a new workflow to accommodate a different order fulfillment strategy or scaling the system to handle increased volume during peak seasons can become a time-consuming and expensive process.

Optimization Software 92

Optimization Software Resource Reduction Automation Logistics Network Optimization Software 92

Logistics Viewpoints

AUGUST 1, 2024

Top Challenges Faced by Companies: Customer Preferences: Example: An online fashion retailer faces the challenge of constantly changing customer preferences. Supply side shifts: Example: A global coffee manufacturer experiences disruptions due to a natural disaster affecting one of its key suppliers in Brazil due to dry weather.

Supply Chain Design Software 126

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

Logistics Viewpoints

NOVEMBER 20, 2024

Patagonia serves as an excellent example of this approach, incorporating recycled materials into its products and offering repair services to minimize waste while maintaining a strong brand commitment to sustainability. This pillar is about creating value, reducing risks, and positioning the organization for long-term success.

Supply Chain Design Software 121

Supply Chain Design Software Waste Reduction Supply Chain Software Supply Chain Design 121

Logistics Viewpoints

NOVEMBER 18, 2024

For example, at one point, they modeled Brazil and factored tariffs and tax considerations into the total landed costs analysis. Interestingly, the inventory analysis often shows that for slow-moving products, centralizing those SKUs in a central storage location increases reliability despite the increase in lead times.

Supply Chain Design Software 122

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Planning Software 122

Logistics Viewpoints

APRIL 12, 2023

For example, instead of traditional longitude latitude coordinates, electric power distribution companies often use approaches such as linear referencing and network connectivity to describe asset context and attributes. For example, SMECO wanted RFID capabilities to track the movement of high-value items as they entered and exited the yard.

RFID 133

RFID Inventory Distribution Ordering 133