Apparel Logistics

JANUARY 4, 2017

Billions of purchases are made around the world every day. These purchases fall into two major categories: transactional and relational. Read on to understand the differences between these purchases and what they mean for your organization. Understanding Transactional Purchases.

Purchasing Skills 48

Purchasing Skills Purchasing Negotiating Skills Examples 48

Ship Monk

MARCH 11, 2024

Did you know that 93% of consumers say that online reviews influence their purchase decisions? And when we feel uncertain, humans tend to look for examples of what others in our situation have done. We’ll give you some examples of social proof, and we’ll even rank them in terms of trustworthiness. What is Social Proof?

eCommerce 104

eCommerce Logistics Network Optimization Software Case Study Procurement Solutions 104

Logistics Viewpoints

FEBRUARY 7, 2024

For example, most people expect free next-day delivery for online purchases as a result of Amazon Prime. And more consumers are looking at sustainability as a key motivator for purchasing. Amazon, for example, has purchased over 100,000 Rivian electric vehicles for deliveries.

Supply Chain Design Software 173

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 173

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. Emergency Purchase Rate. For that reason, the emergency purchase rate KPI is one you should certainly be keeping an eye on.

Procurement Analytics 118

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 118

World Food Programme Logistics

APRIL 12, 2019

Break the fear: get small producers and municipal authorities to know each other Over the past few years, Bolivia has advanced a great deal in terms of laws, norms and regulations to promote the purchase of products from smallholders. continues to be purchased from big food companies. and particularly processed food?—?continues

Purchasing Skills 40

Purchasing Skills Purchasing Negotiating Skills Buyer Training 40

GlobalTranz

JUNE 11, 2015

We conclude our series on supplier quality management (SQM) today with a look at some case studies and examples of benefits derived from the application of a supplier quality management system. Examples and Case Studies from the Implementation of a Supplier Quality Management System.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Design Software Examples Case Study 94

Stord

NOVEMBER 13, 2024

In addition to the surge of demand during this tight holiday window, brands have offered earlier offerings and expanded the sales period to encourage a longer shopping period enabling end consumers to allocate more towards holiday purchases. Put another way, only 3 out of 10 customers will complete the purchase.

Inventory Reduction 148

Inventory Reduction How To Cost Reduction Procurement Solutions 148

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 162

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Scenario Planning 162

Logistics Viewpoints

APRIL 3, 2024

Scope 2 emissions include all indirect emissions from the generation of the electricity purchased and used by an organization at local or international sites. The first example was the Planetary Equilibrium Tee , which was a collaboration between the North Face and Spiber.

Manufacturing Procurement 150

Manufacturing Procurement Supply Chain Design Supply Chains Resource Reduction 150

Logistics Viewpoints

SEPTEMBER 6, 2023

The authors mention Amazon’s use of AI to suggest items to shoppers they may be interested in purchasing, based on past activity. But specificity is sufficient to perform a majority of the routing to the likely final destination (for example, a portion of a postal code such as the three most significant digits).

Inventory Reduction 156

Inventory Reduction Purchasing Skills Cost Reduction Modeling Software 156

3PL Links

NOVEMBER 12, 2024

Example: Retail giant Zara uses real-time data from its stores to adjust inventory dynamically. Example: Amazon’s fulfillment centers are famous for using robotics to streamline order processing and packing. Example: A manufacturing firm faced potential delays when a hurricane disrupted operations at a key supplier.

Cost Reduction 62

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

SYSPRO Smarter ERP

NOVEMBER 7, 2022

Purchasing: the UOM in which an item is purchased from a supplier. An example is a business selling chicken, where each chicken piece must be sold by its weight rather than a fixed price. For example, production may measure steel output in meters, warehousing wants to count it in rolls, and accounting costs it by tons.

ERP 98

ERP Manufacturing Procurement Purchasing Skills Optimal Sourcing 98

Amware Logistics and Fulfillment

JUNE 28, 2018

For example, according to a survey conducted by AlixPartners in 2016, 88% of consumers are willing to purchase an appliance online – a vast increase over the comparatively lower 62% that were open to it in 2012. Today, such heavy freight orders are commonplace.

Exercises 120

Exercises Freight eCommerce Survey 120

Logistics Viewpoints

AUGUST 15, 2022

For example, one of the key decisions that a manufacturer needs to make is should they continue to buy goods from one of their suppliers. For example, are you still a minority owned company? Procurement solutions are often updated with purchased information. That supplier can be put on “hold.”

Manufacturing Procurement 145

Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 145

Logistics Viewpoints

OCTOBER 24, 2024

For example, a buyer might say, “You only shipped me 800 of the 1000 products I ordered.” The most common trading partner collaborative processes covered in SCCN suites are purchase order/procurement collaboration, demand forecast collaboration, and the transportation shipper tender/carrier accept process.

SAP 140

SAP Procurement Solutions Manufacturing Procurement Procurement Analytics 140

Logistics Bureau

OCTOBER 4, 2024

Examples of Vertical Integration To illustrate these drivers a bit more comprehensively, let’s look at a few examples of companies that have either started out with a vertically integrated structure, or have become more vertical via mergers or acquisitions.

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Software Supply Chains Material Savings 91

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. our warehouse example, you would adjust the other elements of the picking process to support and align with the bottleneck.

Optimization Software 172

Optimization Software Optimization Modeling Optimization Modeling Software 172

Ship Monk

MAY 18, 2023

The simple description for MonkProtect is a post-purchase suite that helps ecommerce brands “stress less and grow more” by helping customers “stress less and buy more.” Our MonkProtect technology provides best-in-class post-purchase protection and extra added benefits. That’s not hyperbole; it’s fact.

Purchasing Skills 52

Purchasing Skills Procurement Solutions Supply Chain Design Software eCommerce 52

Logistics Viewpoints

FEBRUARY 20, 2023

For example, in contract logistics, the 3PL makes use of a warehouse management system so that they can do the job efficiently. This platform provides for visibility and collaboration – forecast, purchase order, and capacity collaboration. In supply chain services, the services company plans and executes on behalf of their clients.

Supply Chain Planning Software 141

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software GEP 141

SYSPRO Smarter ERP

NOVEMBER 7, 2022

Purchasing: the UOM in which an item is purchased from a supplier. An example is a business selling chicken, where each chicken piece must be sold by its weight rather than a fixed price. For example, production may measure steel output in meters, warehousing wants to count it in rolls, and accounting costs it by tons.

ERP 64

ERP Manufacturing Procurement Purchasing Skills Optimal Sourcing 64

Logistics Viewpoints

JANUARY 27, 2021

The return rate on e-commerce purchases is typically at least double that of in-store purchases. For example, even though consumers expect free and fast delivery of products, companies will charge for certain types of delivery options, such as expedited or for large items. Another example is on damaged items.

Purchasing Skills 152

Purchasing Skills Expense Reduction Cost Reduction Procurement Analytics 152

Ship Monk

AUGUST 8, 2022

Examples of Merchandise Inventory. A manufacturer purchases steel and brass from a supplier, and turns them into tiny gears to make watches. A watchmaker then purchases these gears and transforms them into beautiful end-product watches. In every example above, inventory was purchased and inventory was sold.

Inventory Reduction 52

Inventory Reduction Inventory Manufacturing Procurement Purchasing Skills 52

Logistics Bureau

JULY 11, 2022

These KPIs should all be applicable to your supply chain operation, subject to some tweaking to reflect the precise characteristics of your inbound logistics and purchasing functions. This measurement will require data from the purchase orders placed by your buyers, and that from your receiving operation. Supplier performance = 94%.

Procurement Analytics 108

Procurement Analytics Procurement Solutions Purchasing Skills Inbound 108

GoShip Blog

JUNE 3, 2022

The purpose of the valuation is to determine the amount that went into purchasing the inventory and to prepare the items for sale. The first-in-first-out (FIFO) inventory valuation method assumes that the first inventory items you purchase are the first items you sell. Cost of items purchased in March= 50 × $12= $600.

Inventory 52

Inventory Purchasing Skills Procurement Solutions Packing 52

Logistics Viewpoints

MAY 13, 2024

This solution provides for purchase order collaboration. She provided examples such as the German Supply Chain Act and the EU Corporate Sustainability Due Diligence Directive (approved by EU parliament several hours before Wilczek’s keynote started). Coupa also has a supply chain collaboration solution that runs on the platform.

Procurement Solutions 143

Procurement Solutions Modeling Software Procurement Analytics Logistics Network Optimization Software 143

Logistics Viewpoints

AUGUST 22, 2022

In times of high inflation, LIFO alleviates the “inventory profit” that would result if old inventory, purchased at a lower price, was used to calculate profits. As an example, instead of deli meats at higher price points, customers are increasing purchases of hotdogs as well as canned tuna or chicken.”

Supply Chain Planning Software 123

Supply Chain Planning Software Supply Chain Software Supply Chains Purchasing Skills 123

Logistics Viewpoints

AUGUST 16, 2023

These come from using gasoline for driving a car or coal for heating a building, for example. For example, the Inflation Reduction Act (IRA) was signed into law a year ago this week. These are just a few examples of how climate change can impact supply chains. The current wait time to cross the canal is now around 21 days.

Supply Chains 128

Supply Chains Resource Reduction Manufacturing Procurement Sourcing Strategies 128

Ship Monk

MARCH 21, 2024

Customers are mostly anonymous, and purchases are made or abandoned, seemingly on a whim. This data usually includes the customer’s contact information, address, purchase history, social media engagement, email click-throughs, and dozens of other data points as they become available.

Optimization Software 104

Optimization Software eCommerce Logistics Network Optimization Software Procurement Solutions 104

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 141

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

Logistics Viewpoints

MAY 1, 2019

However, there is a notable shift in the market pressures and the profiles of companies purchasing WMS to support their fulfillment operations. For example, pressures from expedited delivery and the subtle shift in demand from soft goods to hard line items, such as grocery, and particularly prominent.

Study 98

Study Analysis Purchasing Examples 98

Logistics Viewpoints

JULY 17, 2024

G&J Pepsi-Cola Bottlers began its journey in 1925 when two women in Cincinnati, along with their partners, purchased the New York Mineral Water company. For example, most stops are minor stops, and an average production line stops 20,000 times per year. Shortly after, they renamed the business to the Grand Pop Bottling Company.

Digital 155

Digital Procurement Analytics Manufacturing Procurement Modeling Software 155

Logistics Viewpoints

SEPTEMBER 20, 2022

In this blog, I’ll try to shed more light on it with examples from our work with our customers. Think of the Lego as the ultimate example of a composable toy. Examples of Composability in Supply Chain Planning Platforms. Here are some real-life examples from the trenches to demonstrate what I mean by flexibility and modularity.

Supply Chain Planning Software 129

Supply Chain Planning Software Supply Chain Software Scenario Planning Optimization Software 129

Ship Monk

JUNE 16, 2023

Retargeting and Reminders Fact: customers who create loyalty programs with your ecommerce brand are more likely to make purchases in the future. For instance, if you purchase under $100 from an ecommerce brand’s online store in a year you receive a 10% birthday coupon. This is just one example of how a tier system can be structured.

eCommerce 52

eCommerce Purchasing Skills Procurement Solutions Purchasing 52

Logistics Viewpoints

JUNE 8, 2022

For example, in a recent CNBC interview Ben Bernanke noted that the Federal Reserve likely looked at the unemployment rate and total employment in early 2021 and inferred that there was plenty of slack in the labor market. For example, interest rate hikes tend to deter lower priority investments and those that require debt financing.

Scenario Planning 145

Scenario Planning Analysis Events Purchasing Skills 145

Logistics Viewpoints

MARCH 27, 2023

Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. Machine learning also makes it possible to make more granular forecasts – for example, instead of forecasting demand for the company’s products in the Eastern Region of the U.S.,

Supply Chain Planning Software 123

Supply Chain Planning Software Scenario Planning Optimal Sourcing Supply Chain Software 123

Logistics Viewpoints

AUGUST 23, 2021

The LevaData solution, for example, speeds up sourcing significantly. For example, transportation management solutions from Blume Global, Descartes, E2open, One Network, and others, allow tenders and tender-accepts to be automated in a holistic application that manages the end-to-end transportation process.

Collaboration 172

Collaboration Supply Chain Planning Software Optimal Sourcing Modeling Software 172

EazyStock

JUNE 16, 2022

For example, navigation apps, facial recognition, smart assistants, and even robot vacuum cleaners at home use this smart tech. For example, you can adjust the speed and volume of order processing to meet demand. For example, machine-learned computers can pack shipments and organize products. Machine learning in warehouses.

Supply Chain Software 52

Supply Chain Software Optimization Software Supply Chains Inventory Reduction 52