Material Handling and Logistics

AUGUST 31, 2018

For example, using smartphones and tablets instead of barcode scanners can make it easier to train your employees and for them to get work done. In the supply chain, this means that you can’t expect the same strategies and systems that were effective for the single-channel movement to be effective for the new omni-channel movement.

Supply Chain Design Software 145

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 145

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. Both predictive and retrospective data analyses are key in making fundamental decisions and defining logistics strategies. WMS and WCS to implement a strategy for the peaks.

Logistics Network Optimization Software 119

Logistics Network Optimization Software Optimization Software Supply Chain Planning Software Modeling Software 119

EazyStock

NOVEMBER 17, 2020

This can include statistical demand forecasting , advanced inventory planning and automated replenishment activities. Can you recognize the warning signs that your business needs automated inventory planning and replenishment ? Automated replenishment is critical to ERP inventory management.

ERP 98

ERP Inventory Reduction Inventory Optimization Software 98

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

SYSPRO Smarter ERP

APRIL 18, 2022

Longstanding weaknesses in the supply chain like port infrastructure, outdated supply chain strategies and impacts of natural disaster and wars have all further affected global supply chains. While the pandemic was undoubtedly the catalyst for recent supply chain disruptions it’s not the only cause.

Manufacturing Procurement 124

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software ERP 124

EazyStock

APRIL 13, 2022

What is a supply chain strategy? A supply chain strategy explains how a company will bring goods into the business and get them out to customers as effectively as possible. Considering every phase in the supply chain, such as sourcing goods, logistics and delivery, the strategy optimizes operations to reduce costs and maximize profits.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 52

Log-hub

FEBRUARY 12, 2025

For example, a global retailer can use a tensor-based approach to manage product demand across multiple warehouses, optimizing stock levels dynamically. For example, a 3D graph can map supplier networks, showing how inventory moves across multiple locations. This helps companies stay efficient while meeting customer expectations.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimal Sourcing 52

Ship Monk

MAY 5, 2022

There are a few different ways to go about the big move, so it’s a matter of choosing the strategy that keeps your sales and fulfillment operations flowing smoothly throughout the transition. Most companies employ one of the following three strategies: Strategy 1: “Hard Switching” from Your Previous 3PL. Taking the Plunge.

Inventory Reduction 52

Inventory Reduction Vendor Strategies Cost Reduction 3PL 52

Logistics Viewpoints

MARCH 27, 2024

Examples of Supply Chain Robots at MODEX 2024 Several exhibitors at MODEX 2024 showcased their innovative solutions for supply chain robotics, demonstrating the diversity and potential of this field. Here are some of the examples that caught our attention.

Optimization Software 123

Optimization Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Software 123

CH Robinson Logistics

DECEMBER 15, 2021

However, with this year’s volatility, I was also given a front-row seat to a new level of hyper collaboration – including individuals going out of their way to help each other, more strategy sessions between shippers and forwarders, and continually leaning into historical data and current market insights to find smarter solutions.

Sourcing Strategies 90

Sourcing Strategies Global logistics Cost Reduction Inventory Reduction 90

EazyStock

OCTOBER 20, 2020

For example, you should consider setting different service levels, safety stock levels and reordering parameters for each category. Fine-tune your stock replenishment strategies. However, if these methods are leading to stockouts or excess stock scenarios, you need to look for a smarter way to carry out replenishment.

Inventory Reduction 98

Inventory Reduction Optimization Software Inventory Optimization Modeling 98

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 119

Waste Reduction Optimal Sourcing Sourcing Strategies Resource Reduction 119

EazyStock

AUGUST 21, 2020

There are many financial benefits to introducing stock reduction strategies – in particular focusing on your excess and obsolete items. Here we’re going to focus on our favorite top five inventory reduction strategies. So it makes sense to look for ways to reduce inventory and keep levels under control!

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

Logistics Viewpoints

NOVEMBER 10, 2022

Autonomous mobile robots (AMRs), for example, can perform many tasks in warehouse or distribution center settings (including moving pallets, product picking and fulfillment) that are typically viewed as repetitive or non value-added, thereby freeing the workforce to perform other activities and ultimately increasing productivity.

Supply Chain Software 110

Supply Chain Software Logistics Network Optimization Software Inventory Reduction Resource Reduction 110

Logistics Bureau

DECEMBER 19, 2022

Slotting a warehouse product is the same, for example, as placing your umbrella close to your front door at home, so it’s easy to pick it up and run when it’s raining, and you’re late for work. Therefore, any slotting strategy should focus on minimising such travel. Slotting Increases Replenishment Efficiency.

Production 98

Production Inventory Reduction Cost Reduction Resource Reduction 98

Logistics Viewpoints

NOVEMBER 15, 2022

This flexible, less comprehensive WMS strategy reduces risk, accelerates digital transformation, improves long-term flexibility, and gives companies immediate access to the technologies they need to compete for the long haul. Highlighting this use case, a storage and organization retailer, with stores throughout the U.S.

Optimization Software 105

Optimization Software Inventory Reduction Production Vendor Strategies 105

GlobalTranz

NOVEMBER 3, 2015

We first did an overview of the 10 areas of strategy a shipper must know in order to stay competitive. Today we will talk about the flow of strategy as pertains to inventory flow and driving warehouse efficiency. The essence of strategy is choosing what not to do. ” ― Michael E. System-Directed Replenishment.

Inventory Reduction 112

Inventory Reduction Vendor Strategies Cost Reduction Waste Reduction 112

Logistics Bureau

OCTOBER 10, 2022

For example, you can optimise for cost, profit, or service, but not for all of them. For example, inaccurate forecasts typically lead to: Overstocking — a problem that ties up working capital and can lead to inventory obsolescence. Ignoring the presence of forecast biases which skew replenishment patterns. 3: Supplier Lead Time.

Inventory Reduction 105

Inventory Reduction Inventory Optimization Modeling Optimization Software 105

Logistics Bureau

JANUARY 20, 2025

As youll 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, weve discovered that many companies lack a defined and documented supply chain strategy. A company without a supply chain strategy is at a competitive disadvantage.

Inventory Reduction 40

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 40

Logistics Bureau

OCTOBER 10, 2024

And, we’ve also found that by implementing a sound warehouse slotting strategy, we’ve helped clients reduce their labour costs by up to 30%. Increase replenishment and put-away efficiency. This is the key benefit to maintaining a proper slotting strategy. Reduce product damage.

Production 74

Production Inventory Reduction Cost Reduction Expense Reduction 74

Locus

JUNE 23, 2023

So, knowing more about order fulfillment, its importance, process, and strategies is critical. Read Also: 5 Ways to Ace Last-mile Reverse Logistics What are the Order fulfillment strategies, and which is right for your business? So there is no fixed rule for selecting the order fulfillment strategy. Let’s fill in!

Inventory Reduction 52

Inventory Reduction Cost Reduction Resource Reduction Vendor Strategies 52

GlobalTranz

JANUARY 26, 2018

For example, when a forward pick location has less physical than systemic inventory, the WMS may not trigger a replenishment that is required to fulfill orders, resulting in shorted picks. Systems do not respond well to poor data, and postponing the booking of variances is like intentionally feeding your WMS bad data.

Inventory Reduction 80

Inventory Reduction Inventory Price Reduction Cost Reduction 80

SYSPRO Smarter ERP

FEBRUARY 22, 2024

Using alphanumeric logic can help you optimize simple picking strategies without having to implement a full-blown warehouse solution or warehouse mapping solution. For example, by stacking containers higher you can make use of vertical space, and mobile shelving units can be useful for seasonal products.

Manufacturing Procurement 116

Manufacturing Procurement Inventory Reduction Expense Reduction Waste Reduction 116

Logistics Viewpoints

OCTOBER 21, 2021

Pop up warehouses, micro fulfillment centers, and warehousing-on-demand are all examples of how the nodes are becoming increasingly dynamic. Madhav Durbha is the Vice President of Supply Chain Strategy Coupa Software , where his team helps customers and prospects solve various supply chain challenges.

Supply Chain Design Software 105

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 105

Talking Logistics

JUNE 25, 2018

Here are some examples from the past few months: P&G : P&G is undertaking “a multibillion-dollar effort to remake an antiquated and inefficient network of factories, warehouses and offices into a new model that gets goods to stores more quickly,” reported Sharon Terlep in the Wall Street Journal this past February.

Supply Chain Transformation 74

Supply Chain Transformation Supply Chain Software Supply Chain Design Software Supply Chain Planning Software 74

Logistics Viewpoints

APRIL 7, 2022

As an example, a major retailer whose market presence is in the Americas realized that several of their shipments that originate in China pass through Russia to make their way to the west and are now subject to shipment backlogs. Some may have believed themselves to be immune at one point, but now their perspective is shifting.

Supply Chain Design Software 129

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 129

Logistics Viewpoints

FEBRUARY 17, 2022

E-commerce was a rapidly growing area for the retailer, and with a relatively large SKU count (more than 10,000), its WMS was challenged to support strategies for handling the typical small orders, including: Zone picking and consolidation (either with unit sorter or put walls). Batch picking (multiple orders on carts).

Optimization Software 111

Optimization Software Supply Chain Design Software Supply Chain Planning Software Optimization 111

GlobalTranz

DECEMBER 1, 2017

It does increase space, but it could lead to severe aisle congestion and unexpected delays during the putaway and replenishment process. Implement Waveless Picking Strategies. For example, many distribution centers use reach-trucks to complete pallet putaway tasks and also pull pallets down for replenishment.

Cost Reduction 60

Cost Reduction Waste Reduction Distribution Inventory Reduction 60

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

The adoption of digital strategies is a major feature of new strategies that manufacturers are planning. 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.

Supply Chain Planning Software 115

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

Logistics Viewpoints

FEBRUARY 22, 2021

Our goal was to better service our partners through delivering robust demand and replenishment solutions. Through forecasting and replenishment solutions, we can do just that. For example, we created a naming contest enabling employees to select the name F.R.O.S.T. Banker : Why did you select Manhattan Associates’ solution?

Supply Chain Planning Software 19

Supply Chain Planning Software Supply Chain Design Software Optimization Software Supply Chain Software 19

ShipLilly

OCTOBER 26, 2020

The problem with that strategy is that you are essentially keeping your cash flow in stock that isn’t moving. For example, a previously unpopular product may suddenly receive a sales boost due to a celebrity endorsement. The fifth strategy that you should employ involves being proactive about dealing with shrinkage.

Inventory Reduction 96

Inventory Reduction Inventory Tips Supply Chain Planning Software 96

GlobalTranz

NOVEMBER 4, 2016

For example, a warehouse management system (WMS) is crucial to a modern distribution center management. This is just a crude example, but logistical questions like these will determine things like your pick path and the way items move through your warehouse. Take Advantage of Technological Innovation. Good luck out there!

Distribution 101

Distribution Modeling Software Tips Supply Chain Software 101

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? As you can deduce from Amazon’s example, there is no standard for an optimal warehouse layout.

Inventory Reduction 75

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 75

Logistics Bureau

SEPTEMBER 28, 2020

The key difference between the two can perhaps be explained in the following example: A 3PL provider working with a paint manufacturer may package and store products as well as transport them to retailers and/or customers. The best example of a 4PL model is Amazon.com. 4) Industry. Amazon: A Hard 4PL Act to Follow.

4PL 98

4PL Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software 98

Logistics Viewpoints

JULY 22, 2021

nodes), flows of the products between origin-destination pairs, and policies (inventory, replenishment, asset utilization etc) with no clear accountability on how the recommendations make their way into planning and execution. For example, forecasts are generated using the past three years of history, implicitly assuming history repeats.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Scenario Planning 116

Logistics at MPEPS at UPV

APRIL 3, 2022

This process allows them to know which items are about to run out and thus organize their replenishment in advance to prevent possible stock outages. It is an inventory that is carried out manually and periodically (for example, every month, quarter, semester or once a year). Types of inventory systems. Permanent inventory.

Inventory Reduction 52

Inventory Reduction Resource Reduction Material Savings Inventory 52

Logistics Bureau

JULY 10, 2018

While the development of a wholly demand driven supply chain (DDSC) might not be for every enterprise, there is no doubt that many can benefit from such as strategy. “In a world that’s changing really quickly, the only strategy that is guaranteed to fail is not taking risks.” ” – Mark Zuckerberg.

Supply Chain Planning Software 49

Supply Chain Planning Software Supply Chain Design Software Inventory Reduction Supply Chain Software 49