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 153

Purchasing Skills Expense Reduction Cost Reduction Procurement Analytics 153

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 152

Manufacturing Procurement Supply Chain Design Supply Chains Resource Reduction 152

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 158

Inventory Reduction Purchasing Skills Cost Reduction Modeling Software 158

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 147

Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 147

Logistics Bureau

OCTOBER 11, 2024

The time when Procurement was almost a synonym to Purchasing has long gone. Clearly, procurement decisions are more and more based on total supply chain cost, carbon footprint impact , other ethical, social and economic factors, rather than just purchase prices. Instead, it should be an information exchange virtual platform.

Manufacturing Procurement 104

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 104

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 163

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Scenario Planning 163

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 105

eCommerce Logistics Network Optimization Software Case Study Procurement Solutions 105

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 170

Collaboration Supply Chain Planning Software Optimal Sourcing Modeling Software 170

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 174

Optimization Software Optimization Modeling Optimization Modeling Software 174

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 142

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software GEP 142

The Lean Thinker

DECEMBER 9, 2022

When “trams” (coal carts) were in short supply, for example, the “trammers” would horde carts to optimize their team’s performance at the expense of other teams being limited by the number of carts available. A classic example of this is a heijunka or load-leveling box.

Modeling Software 259

Modeling Software Optimization Software Expense Reduction ERP 259

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

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 147

Scenario Planning Analysis Events Purchasing Skills 147

Logistics Viewpoints

NOVEMBER 19, 2024

When shoppers were asked what would put them off making more ecommerce purchases in the future, 21% indicated they’d had negative delivery experiences, 20% said deliveries were not reliable, and 17% were dissatisfied with the delivery process. Similarly, maintaining a strong chain of custody (e.g.,

Cost Reduction 102

Cost Reduction Resource Reduction Price Reduction Vendor Strategies 102

The Logistics of Logistics

JULY 29, 2021

As consumers increasingly choose to have their purchases delivered to their homes, retailers and ecommerce companies are faced with a decision – use delivery services like DoorDash, Instacart, and Shipt to manage the delivery or manage the delivery internally. Via ’s platform enables their customers (retailers, last mile carriers, etc.)

Logistics Network Optimization Software 195

Logistics Network Optimization Software Procurement Solutions Government Efficiency 195

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 126

Supply Chain Planning Software Supply Chain Software Supply Chains Purchasing Skills 126

The Logistics of Logistics

AUGUST 29, 2019

For example, all the hospitals that got supported with tens of thousands of purchase orders that Aramco was handling. The volume of purchase orders declined to where Aramco was no longer the market maker. [13:34] The business model changed. As globalization has taken place, more things can be sourced locally.

Procurement Analytics 170

Procurement Analytics Purchasing Skills Logistics Network Optimization Software Supply Chain Planning Software 170

Logistics Viewpoints

FEBRUARY 11, 2021

At the same time, the Chief Purchasing Officer (CPO) has taken on a pivotal role by securing Personal Protective Equipment (PPE) to protect the workforce and direct materials when primary sources fail. As an example, the new administration in the U.S. This calls for a constant review and changes in supplier mix.

Manufacturing Procurement 144

Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies Procurement Solutions 144

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 145

Procurement Solutions Modeling Software Procurement Analytics Logistics Network Optimization Software 145

Logistics Viewpoints

JULY 15, 2021

This change in perception, coupled with rapid urbanization, means more Asian consumers are using the web for food purchasing and are comfortable buying frozen foods online. In the Philippines, there is another ongoing shift in food purchasing habits. Take tracking produce, for example.

Logistics Network Optimization Software 164

Logistics Network Optimization Software Supply Chain Software Procurement Solutions Tracking and Tracing 164

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 130

Supply Chain Planning Software Supply Chain Software Scenario Planning Optimization Software 130

Blue Grace Logistics

AUGUST 3, 2021

The importance of setting the tone of the relationship and being an example of what you expect. This means, for example, putting the company’s quality manager in contact with the supplier’s quality manager. Set The Tone Of The Relationship, Be The Example. In this way, if problems arise, solutions will be expedited.

Maintainability 117

Maintainability Price Reduction Purchasing Skills Resource Reduction 117

Logistics Viewpoints

FEBRUARY 5, 2024

If a company short ships TVs, they are fined more than if they short ship soup, for example. When Uber Freight receives a purchase order, delivery order, or sales order – the type of order used varies depending on the customer’s ERP – that is what OTIF is measured against. Uber Freight is also able to track both on-time and in-full.

Supply Chain Design Software 163

Supply Chain Design Software Supply Chain Planning Software Procurement Analytics Purchasing Skills 163

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 89

Procurement Analytics Procurement Solutions Purchasing Skills Inbound 89

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 132

Supply Chains Resource Reduction Manufacturing Procurement Sourcing Strategies 132

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 157

Digital Procurement Analytics Manufacturing Procurement Modeling Software 157

Logistics Bureau

MAY 31, 2021

If yours is one of those businesses shifting from traditional to online retail, you’ve probably faced some of the logistical challenges arising from the need to deliver your customers’ purchases to them. For example: Compared to selling a product in-store, the cost to deliver that same item as a small parcel can be several times higher.

Cost Reduction 118

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 118

Logistics Viewpoints

JUNE 29, 2022

For example, Mars has been purposeful on where to focus their efforts. The company has established long-term power purchase agreements at the country level. The targets are either “outcome” targets or “means of implementation” targets.

Supply Chain Design 179

Supply Chain Design Supply Chains Optimal Sourcing Sourcing Strategies 179

Logistics Viewpoints

MAY 3, 2021

OpenText has the world’s largest EDI VAN: 33,000 of their customers use the network to exchange messages with 1 million preconnected trading partners (suppliers, logistics service providers, and contract manufacturers, for example); $9 trillion in commerce and 26 billion transactions occur on the network annually.

Supply Chain Software 140

Supply Chain Software Supply Chains Manufacturing Procurement Optimal Sourcing 140

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 142

Supply Chain Planning Software Manufacturing Procurement Supply Chain Design Software Optimal Sourcing 142

Logistics Viewpoints

MAY 26, 2022

The percentage of purchases made and fulfilled through digital commerce has exploded in the past two years, advancing a pre-pandemic trend by as much as 10 years according to some industry watchers. For example, some newer robotic systems can efficiently automate small picking use cases such as in-store fulfillment of grocery orders.

Supply Chain Software 173

Supply Chain Software Optimal Sourcing Supply Chain Design Software Logistics Network Optimization Software 173

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 126

Supply Chain Planning Software Scenario Planning Optimal Sourcing Supply Chain Software 126

Material Handling and Logistics

OCTOBER 30, 2018

Successful procurement leaders are operating smarter by leveraging analytics and technology such as integrated suites to generate clean data (at least if they have a unified data mode) and master data management solutions for addressing issues in back end systems, cleaning and normalizing suppliers’ records, for example. Boost Your Employees.

Optimal Sourcing 166

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 166

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 142

SAP Procurement Solutions Manufacturing Procurement Procurement Analytics 142

Logistics Viewpoints

MARCH 7, 2022

A normal person can park downtown New Yor City, for example, overrun the meter and very likely not get fined.” The fines in New York, for example, average $70. In Philadelphia for example, three unpaid tickets can lead to a vehicle being booted or towed away. “On average,” Ms. In Miami it is closer to $40.

Logistics Network Optimization Software 139

Logistics Network Optimization Software Logistics Purchasing Skills Procurement Solutions 139

SYSPRO Smarter ERP

NOVEMBER 30, 2021

Charged with this critical task, the purchasing department can leverage its Material Requirements Plan (MRP) to stay abreast of what’s needed, how much and when. Future time parameters can be set and the recommendations can then be shared with suppliers as a form of forecasting your intentions to purchase. Stay Agile, Get Ahead.

Supply Chain Planning Software 105

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

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

It ties into the ERP system where quotes and purchase orders are managed. Running a warehouse as a silo, for example using a spreadsheet, will not help sales when a customer asks for a quote, or the shop floor if they need to know what materials are available for a production run. The pandemic has caused a supply shock.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software ERP Manufacturing Procurement 115