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 116

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 116

3PL Links

NOVEMBER 12, 2024

Here are seven proven strategies every supply chain manager should explore to streamline operations, boost efficiency, and drive profitability. JIT inventory management minimizes holding costs by scheduling orders as close as possible to production or sales needs. 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

NOVEMBER 25, 2024

In 2017, a strategy consultant was hired to do a top-to-bottom assessment of the Boston University procurement program. Once that requisition is approved, it becomes a purchase order. If the invoice matches the purchase order, it is posted in SAP, and the payment is made automatically without any paper or human touch.

Purchasing Skills 120

Purchasing Skills Sourcing Strategies Sourcing Procurement Solutions 120

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. For example, in some instances simply adjusting delivery windows can save more than you can through rate negotiations.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 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. For this reason, KPIs are essential for any business improvement strategy.

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

SYSPRO Smarter ERP

NOVEMBER 18, 2024

For example, an ERP for automotive distributors needs to include not just a standard sales function but also allow for automotive-specific processes like call-offs and contract pricing, as well as other processes like returns and lot traceability. Inventory management and warehousing Thousands of parts are used in automotive distribution.

ERP 98

ERP Optimal Sourcing Purchasing Skills Manufacturing Procurement 98

Ship Monk

JULY 7, 2022

As online shoppers, we see examples of minimum order quantity everywhere. We, as consumers, have grown accustomed to buying in bulk in order to pay less per unit. For suppliers and merchants, however, setting a minimum order quantity for your goods can mean the difference between losing money and making a profit on each sale.

Purchasing Skills 98

Purchasing Skills eCommerce Ordering Negotiating Skills 98

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 98

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 98

WorkWave

MARCH 4, 2025

For example , let’s consider a dataset of 100 lawn measurements in a given town. To calculate the deciles, we need to sort the measurements in ascending order. This strategy empowers organizations to make informed decisions that improve marketing efforts, maximize profitability and enhance operational efficiencies.

Resource Reduction 64

Resource Reduction Waste Reduction Optimization Software Data 64

The Logistics of Logistics

MAY 12, 2021

Costco example: they sell different brands and market their brand Kirkland, which now accounts for approximately 25% of their revenue. Private label is becoming an important strategy for retailers. Tecsys’ shares are listed on the Toronto Stock Exchange under the ticker symbol TCS. . So, what is Costco? A retailer or a producer?

Supply Chain Software 370

Supply Chain Software Logistics Network Optimization Software Procurement Solutions eCommerce 370

Logistics Bureau

DECEMBER 6, 2024

Looking to real-life examples for inspiration, we can ask, ‘Who does reverse logistics well?’ They may have ordered more than they need. 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 74

Reverse logistics Cost Reduction Vendor Strategies Inventory Reduction 74

Logistics Bureau

JANUARY 16, 2025

Just as your body needs multiple defense mechanisms to fight off illness, your supply chain needs various strategies to handle disruptions, whether they’re local supplier issues or global crises. Common examples of Supply Chain Disruptions So what are the main reasons that you need to consider supply chain resiliency in the first place?

Supply Chain Planning Software 74

Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies Supply Chain Software 74

Logistics Viewpoints

NOVEMBER 19, 2024

In addition, the holiday shopping period between Thanksgiving and Christmas this year is 26 days—five days shorter than in 2023—potentially creating additional headaches for online vendors and their delivery partners attempting to fulfill a greater volume of orders in less time.

Cost Reduction 86

Cost Reduction Resource Reduction Price Reduction Vendor Strategies 86

Logistics Viewpoints

MAY 10, 2022

For example, related to warehouse technology, a recent Lucas Systems industry study found 89% of respondents agreed that implementing artificial intelligence-based software within distribution centers can provide a competitive advantage. The post The Most Overlooked DC Performance Strategy appeared first on Logistics Viewpoints.

Vendor Strategies 103

Vendor Strategies Waste Reduction Cost Reduction Optimization Software 103

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

Stord

JULY 1, 2024

A brand’s goal is to maximize order value and repeat purchase rate, while minimizing variable product and shipping costs, optimizing ad costs, and keeping overhead costs low. Automate or Fall Behind In order for brands to do this at scale they cannot do this by hand, they need to automate the process.

Expense Reduction 78

Expense Reduction Cost Reduction Price Reduction Inventory Reduction 78

TransAudit

MARCH 25, 2025

This article explores the key drivers of reshoring, the rise of regionalized freight networks, evolving market trends, and how companies can optimize logistics strategies in this new landscape. Automated fulfillment centers designed for faster order processing and shipping. Real-time data analytics to improve logistics strategies.

Optimal Sourcing 67

Optimal Sourcing Material Savings Cost Reduction Price Reduction 67

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. This not only speeds up delivery but also contributes to customer satisfaction, as they receive their order faster.

Supply Chain Software 62

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

3PL Links

NOVEMBER 19, 2024

Better manage order volume fluctuation over time. Improve customer satisfaction: specialized operators like 3PL service providers guarantee delivery of the order the next day or even the same day and in excellent condition. This partner assumes the most global logistics strategy of all.

4PL 62

4PL Optimal Sourcing 3PL Sourcing Strategies 62

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. This includes how often customers are serviced, minimum order quantity and other factors—all of which impact fuel consumption.

Cost Reduction 128

Cost Reduction Material Savings Resource Reduction Price Reduction 128

Logistics Bureau

DECEMBER 6, 2024

In order to meet some requirements, for example, of customers or corporations, the resources managed in logistics can include tangible items such as food, materials, equipment, liquids and stuff as well as abstract items such as information, particles and energy. What is Logistics?

Manufacturing Procurement 75

Manufacturing Procurement Logistics Network Optimization Software Supply Chain Planning Software Sourcing Strategies 75

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. Learn more at InterSystems.com/DataGateway.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 62

Logistics Viewpoints

JUNE 13, 2024

In our picking example, you would begin by analyzing the entire warehouse to identify where the bottleneck or constraint occurs. One example in the warehouse could be optimizing the path taken by pickers. On-floor travel often accounts for half of all labor time, mainly in order picking.

Optimization Software 128

Optimization Software Optimization Modeling Optimization Modeling Software 128

Ship Monk

SEPTEMBER 14, 2023

If you’re not employing a multichannel sales strategy, you’re clearly missing out. But what, exactly is a multichannel sales strategy, and is it worth the investment? Even if a brick-and-mortar store does not have an online sales strategy, it should be using a multichannel marketing strategy. What is a Sales Channel?

Inventory Reduction 64

Inventory Reduction Price Reduction Cost Reduction eCommerce 64

Logistics Bureau

JANUARY 3, 2025

Customer order history: Historical customer order volumes and frequencies. Competitor intelligence: Distribution strategies and network designs of your competitors. Order picking, packing, transportation processes, and inventory management practices and procedures are all worthy targets for standardisation.

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Design Distribution Networks 75

Logistics Viewpoints

NOVEMBER 20, 2023

Rather than just offering consumers the choice of buying online or buying in the store, a retail omnichannel strategy involves a lot more paths to fulfill an order or to process a return. As a result of this, the market for omnichannel order management (OOM) systems grew briskly. Then came Covid. Shipping from the store, and 5.

Cost Reduction 126

Cost Reduction Expense Reduction Inventory Reduction Modeling Software 126

Trinity Logistics

MARCH 6, 2025

This may include how orders are communicated to them, what documents are needed to support the shipment, and which systems they interact with (such as a warehouse management system – WMS) to notate information like planned vs. actual shipment details. Also, not all order types get entered in the same way.

Supply Chain Planning Software 62

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

Logistics Viewpoints

AUGUST 29, 2024

Another key strategy is right-sizing cartons to match the specific dimensions of the products being shipped. This leads us to the idea of Dynamic Slotting , an essential strategy for space optimization. Another key strategy is the implementation of cross-docking. Product slotting is a complex problem.

Waste Reduction 117

Waste Reduction Optimal Sourcing Sourcing Strategies Resource Reduction 117

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 125

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Scenario Planning 125

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 118

Inventory Reduction Supply Chain Planning Software Inventory Waste Reduction 118

Logistics Viewpoints

JUNE 9, 2022

Suddenly, the situation changes, whether because of a new company strategy, ever-present retail dynamics or possibly due to a completely new influencing factor. Sophisticated transport networks are great in logistics, but the bottom line is how quickly an order gets moved through a warehouse.

Logistics Network Optimization Software 117

Logistics Network Optimization Software Optimization Software Supply Chain Planning Software Modeling Software 117

Ship Monk

FEBRUARY 24, 2024

How much are you spending on manufacturing, shipping, marketing, customer support, logistics services, and order fulfillment services? For example, ShipMonk customizes logistics services and associated fees to the unique needs of every client. There are many different models and formulas for strategically ordering inventory.

eCommerce 105

eCommerce Inventory Reduction Tips Waste Reduction 105

Logistics Bureau

NOVEMBER 29, 2024

So everything in the retailer’s Supply Chain strategy needs to be focused on the customer, and of course the shareholders, that goes without saying. 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

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. Derek has 27 years of experience in supply chain software.

Supply Chain Planning Software 145

Supply Chain Planning Software Inventory Reduction Logistics Network Optimization Software Cost Reduction 145

Logistics Viewpoints

DECEMBER 7, 2021

E-commerce order volume keeps climbing, straining carrier capacity with shippers sending more parcels outbound and receiving more returns inbound. Consumer expectations for cheap and fast shipping continue to climb, and consumers increasingly want to order across borders , only compounding the problems. Manufacturers also adjusted.

Price Reduction 108

Price Reduction Cost Reduction Inventory Reduction Capacity 108

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

Logistics Viewpoints

AUGUST 8, 2024

An enlightening new report indicates that this strategy corresponds to strong financial performance for shippers and logistics service providers (LSPs). For example, Competitive Weapon companies are 3.4 Mike Hane, Director, Product Marketing, TMS at Descartes Does your company view transportation as a competitive weapon?

Supply Chain Planning Software 118

Supply Chain Planning Software Cost Reduction Supply Chain Software Supply Chains 118