Logistics Bureau

JULY 18, 2022

As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy.

Inventory Reduction 116

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 116

Logistics Viewpoints

JUNE 4, 2024

With tart cherry juice sales transitioning into a steady demand pattern, retailers must adapt their inventory strategies accordingly to meet this evolving consumer preference. It serves as a compelling example of how retailers must reassess their inventory strategies to adapt to rapidly shifting market demands driven by trends.

Inventory Reduction 145

Inventory Reduction Supply Chain Planning Software Inventory Waste Reduction 145

Logistics Viewpoints

JANUARY 21, 2021

ML looks into historical data (for example, transit time statistics of carriers) and data from impactful external factors (such as port congestion, weather or holidays) and uses this information to develop more accurate transit time estimates. How machine learning benefits your logistics network.

Inventory Reduction 214

Inventory Reduction Supply Chain Planning Software Cost Reduction Logistics Network Optimization Software 214

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. They design their supply chain on a continuous basis and focus on ecommerce retailing strategies that segment their customer base according to buying behavior.

Supply Chain Design Software 169

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Scenario Planning 169

Logistics Bureau

DECEMBER 12, 2024

On occasion though, some supply chain companies cost reduction efforts get taken too far, especially when ambitious initiatives are embarked upon, intended to significantly reduce operational costs. Some supply chain companies cost reduction efforts have been based on employing a lean strategy.

Cost Reduction 60

Cost Reduction Waste Reduction Expense Reduction Inventory Reduction 60

Logistics Bureau

OCTOBER 10, 2022

Too much inventory in your distribution network? Inventory costs too high? These are all pervasive issues for supply chain operators worldwide—and are classic symptoms of suboptimal inventory performance. But what exactly does inventory optimisation mean, and what obstacles must first be broken down to achieve it?

Inventory Reduction 124

Inventory Reduction Inventory Optimization Modeling Optimization Software 124

Logistics Viewpoints

DECEMBER 2, 2021

import volumes still climbing (see Figure 1), limited processing capacity at key West Coast ports and the International Longshore and Warehouse Union (ILWU) contract expiring next summer, importers will be scrambling to maintain the inventory they need to support the demand increase.

Waste Reduction 202

Waste Reduction Cost Reduction Inventory Reduction Resource Reduction 202

Logistics Viewpoints

AUGUST 9, 2022

While consumers may see some short-term benefit in the form of discounted goods, many retailers have had to reset investor expectations , reflecting the expected hit on margins from carrying so much inventory. Inventory management is challenging enough in normal times. So, what is it going to take to enable better inventory management?

Inventory Reduction 148

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

Stord

JULY 1, 2024

Every step of the process that brings your product from creation to your consumers’ front-door can cut into those margins and reduce your profitability. This is simply because you represent a larger potential business opportunity for a carrier so they will offer rate reductions to earn your business.

Expense Reduction 78

Expense Reduction Cost Reduction Price Reduction Inventory Reduction 78

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 104

Inventory Reduction eCommerce Inventory Procurement Solutions 104

SYSPRO Smarter ERP

JUNE 6, 2022

In today’s business world, the success of a firm depends not only on its sales but also on the ability to manage its supply network and ensure it has the inventory it needs to deliver customer orders. Since 2000, businesses have implemented programs such as just-in-time (JIT) inventory and lean operations to improve profitability.

Inventory Reduction 119

Inventory Reduction ERP Inventory Optimal Sourcing 119

Logistics Bureau

MAY 30, 2022

Our three pillars (or fundamentals) of great supply chain management excellence are strategy, service, and cost. Aligning strategy, service, and financial factors in your supply chain operation is essential to support your company’s overall business strategy , mission, and objectives. The Importance of Alignment.

Inventory Reduction 117

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 117

Logistics Bureau

DECEMBER 7, 2024

Is it a good idea to reduce working capital in a supply chain? Current assets include inventory and accounts receivable, i.e. payments you are waiting to receive, notably from your customers. Current liabilities are typically accounts payable, meaning the money you are due to payout, for example to suppliers. Yes, in general.

Material Savings 69

Material Savings Inventory Reduction Cost Reduction Vendor Strategies 69

SYSPRO Smarter ERP

DECEMBER 19, 2022

In an increasingly unpredictable world environment, practices for planning and forecasting inventory levels that worked in the past need to be reviewed. In the 1990s, APS (Advanced Planning and Scheduling) arose as a solution for making better decisions about inventory. Inventory optimization.

Inventory Reduction 105

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 105

Logistics Viewpoints

NOVEMBER 20, 2024

For senior leaders, understanding and integrating the three pillars of sustainability—environmental, social, and economic—into supply chain strategies is essential. Reducing carbon emissions is a cornerstone of this effort. Meanwhile, advances in AI-driven route optimization reduce unnecessary mileage, cutting emissions and costs.

Supply Chain Design Software 146

Supply Chain Design Software Waste Reduction Supply Chain Software Supply Chain Design 146

CLX Logistics

MAY 3, 2024

A resilient and agile supply chain strategy is not just a prudent choice—it’s a necessity, especially within the context of chemical supply chains. Challenges in Supply Chain Strategy Planning Designing a resilient and agile supply chain organization is not without its challenges.

Material Savings 76

Material Savings Resource Reduction Cost Reduction Sourcing Strategies 76

Logistics Bureau

DECEMBER 14, 2024

Many articles on the topic of supply chain cost reduction have been written, most of which are understandably focused on issues such as inventory levels , network design , process efficiencies and supplier management/relationships.

Cost Reduction 63

Cost Reduction Material Savings Expense Reduction Waste Reduction 63

Logistics Viewpoints

OCTOBER 18, 2024

Successive governments have determined that applying zero duty on wine is the best strategy to help winemakers keep producing and selling. 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.

Supply Chain Planning Software 143

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 143

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

Supply Chain Brain

AUGUST 31, 2024

This eBook provides customer examples, actionable strategies and highlights real-world benefits such as improved inventory turnover and reduced production costs. Explore this exclusive resource and gather ideas on transforming your supply chain into a model of sustainability and innovation.

Inventory Reduction 104

Inventory Reduction Resource Reduction Cost Reduction Scenario Planning 104

Logistics Bureau

DECEMBER 13, 2024

Supply chain cost reduction is not something to be tackled as a project. In the meantime the supply chain continues to change and evolve, which potentially means that without vigilant monitoring, costs continue to creep upwards, making the next cost-reduction project more challenging than the last. Guesswork will not do.

Cost Reduction 60

Cost Reduction Waste Reduction Material Savings Inventory Reduction 60

Logistics Viewpoints

OCTOBER 4, 2021

Dramtatically Reduced Service in Grocery Stores Since Pandemic was Declared. Because of service disruptions – not being able to buy toilet paper, for example – the supply chain has been more discussed than ever before. The company provides demand and inventory planning solutions based on a public cloud architecture.

Inventory Reduction 153

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Cost Reduction 153

Logistics Viewpoints

MARCH 8, 2021

For example, go to the Walmart, turn right, and it is the third house on the left. What will the total costs be associated with different green strategies? This digital twin contains network costs – the inventory carrying cost is X for this product, by Y for this one. Logistics can be a challenge. Rather, directions are used.

Supply Chain Design Software 175

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Supply Chain Software 175

The Logistics of Logistics

NOVEMBER 8, 2021

Our platform was designed to reduce amount of time and cost associated with sourcing new warehouse and fulfillment space. Many companies, especially manufacturers, utilize a just-in-time (JIT) approach to inventory management. Example: Ware2Go is providing on demand warehousing, so companies can scale with on?demand

Warehousing 346

Warehousing Supply Chain Design Software Manufacturing Procurement Modeling Software 346

Logistics Viewpoints

OCTOBER 17, 2024

Treating suppliers as essential partners in the field of direct spend management—almost like customers—can be a key component of a successful company strategy. For instance, suppliers may have strong Vendor Management process expertise that will help reduce working capital. They are no longer just vendors of goods and services.

Supply Chain Planning Software 148

Supply Chain Planning Software Manufacturing Procurement Supply Chain Design Software Optimal Sourcing 148

Logistics Viewpoints

MARCH 21, 2024

The challenges brought about by the pandemic made many rethink strategy when it came to inventory, stock on hand, secondary options and the ability to guarantee supply and resiliency. That means planning, inventory, and order management must be very closely aligned and optimized.

Supply Chain Planning Software 151

Supply Chain Planning Software Optimization Software Supply Chain Software Inventory Reduction 151

SYSPRO Smarter ERP

FEBRUARY 22, 2024

An ERP system that incorporates a cutting-edge warehouse management system (WMS) can help you optimize processes, streamline workflows and decrease errors. Using alphanumeric logic can help you optimize simple picking strategies without having to implement a full-blown warehouse solution or warehouse mapping solution.

Manufacturing Procurement 116

Manufacturing Procurement Inventory Reduction Expense Reduction Waste Reduction 116

Logistics Viewpoints

JANUARY 18, 2024

This ensures the secure, high-capacity, and bi-directional transfer of essential information such as master data on products, customers, production-distribution infrastructure, transactional data on sales, inventory status and position, transportation execution data, external data e.g. competitor pricing, weather, recommendations, action triggers.

Supply Chain Software 171

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 171

Logistics Viewpoints

MARCH 24, 2022

Retailers also took steps to contain costs and preserve margins as they reoriented toward e-commerce like never before, including putting solutions in place to more effectively navigate carrier capacity caps and improve the visibility, accessibility, and mobility of inventory. More to give the organization. Meet the basic needs.

Supply Chain Planning Software 149

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Optimal Sourcing 149

Logistics Viewpoints

MAY 9, 2024

Another example is commuting. Picture this: you need to plan your inventory levels for the upcoming holiday season. Over the years, AI capabilities for prediction, clustering, segmentation, and more have accelerated supply chain strategies, automating daily operations and augmenting data-driven intelligent decision support.

Supply Chain Planning Software 171

Supply Chain Planning Software Scenario Planning Supply Chain Software Modeling Software 171

Logistics Viewpoints

AUGUST 5, 2021

I was drawn to Hunter and Amory Lovins, who advocated a strategy pairing energy efficiency with renewables, long before its current popularity. But they’ve also invested in route optimization, which uses algorithms to save up to 10 million gallons of fuel annually by reducing miles driven in the US. But what about the role of planning?

Supply Chain Planning Software 190

Supply Chain Planning Software Supply Chains Material Savings Waste Reduction 190

Logistics Viewpoints

SEPTEMBER 19, 2023

Management practices such as lean manufacturing and just-in-time inventory management, along with globalization, have made tremendous impact on cost and service, but have accentuated risk. The bullwhip effect is one example of this disruptive effect, when small changes in demand cause huge demand spikes downstream.

Supply Chain Design Software 159

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 159

Logistics Bureau

NOVEMBER 30, 2024

Given this knowledge, does your organisation place enough importance on the management of MRO inventory? If yours is one of them, and you’re wondering where and how to start getting a grip on MRO inventory, this post might help. Do you know the depletion rate of your MRO-related inventory?

Inventory Reduction 67

Inventory Reduction Inventory Procurement Solutions Supply Chain Planning Software 67

3PL Links

OCTOBER 29, 2024

Image source: Pexels | How Real-Time Inventory Tracking Can Boost Your Profit in 2025 In today’s fast-moving business environment, real-time inventory tracking has become a critical tool for optimizing operations, cutting costs, and driving profitability. But how exactly does real-time inventory tracking impact your bottom line?

Inventory Reduction 62

Inventory Reduction Optimal Sourcing Inventory Cost Reduction 62

Logistics Viewpoints

DECEMBER 7, 2021

Workforce shortages and other challenges abound throughout all transportation sectors, and while this may revitalize investments in localized manufacturing, expanded warehousing to hold more inventory, and other efforts, these changes do not solve today’s issues. Carrier capacity management strategies ease the crunch.

Price Reduction 132

Price Reduction Cost Reduction Inventory Reduction Capacity 132

Logistics Viewpoints

NOVEMBER 27, 2024

By applying the ISO OSI (Open Systems Interconnection) seven layer model, traditionally used in networking, to logistics, businesses can achieve a structured framework that enhances communication, reduces friction, and improves collaboration throughout the supply chain. Real-World Examples of OSI-Inspired Supply Chain Interoperability 1.

Supply Chain Planning Software 163

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Software 163

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?

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Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 102