Logistics Bureau

OCTOBER 26, 2024

Often, people think that supply chain consulting is about reducing costs. This means consultants have more tools at their disposal, more experience and most importantly, the know-how to navigate the issue and its potential solutions. Although this is definitely an integral part of consulting, there are multiple facets to consider.

Supply Chain Planning Software 118

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 118

FourKites

DECEMBER 11, 2020

For example, many of our customers use tools like FourKites Notification Rules, encrypted links and watcher settings to simultaneously alert key stakeholders both within their organization and their customer base when critical events occur in the lifetime of a load in transit. Examples of customer-driven supply chain strategy.

Vendor Strategies 52

Vendor Strategies Cost Reduction Supply Chain Design Software Supply Chain Software 52

GlobalTranz

JANUARY 21, 2015

As a supply chain director, manager, or boss of a multinational corporation, where the supply chain is an integral part of your business, supply chain cost reductions are always at the forefront of your team’s mind. Vendor Managed Inventory Model for Supply Chain Cost Reductions. What is Reverse Marketing?

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

SYSPRO Smarter ERP

JUNE 9, 2022

Which vendors are late delivering components to us? Here’s an example. Mid-market manufacturers need a tool that’s tailored to their needs. The BI tool needs to be able to easily pull all this data together for analysis. How much does it cost us to manufacture this product?

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Software 98

Conger

DECEMBER 13, 2022

If you're looking for ways to reduce lead times, you’re in the right place. Because in this post, you’ll find 11 effective strategies for doing just that. Identify and Eliminate Bottlenecks. Unreliable vendors can cause your lead times to go up. Taking time to implement setup and vendor management software.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Vendor Strategies Waste Reduction 52

CH Robinson Logistics

JUNE 20, 2019

When I talk to worldwide businesses in Asia, Oceania, North America, or anywhere else, their chief concern is always the same: how do we meet our customers where they are to get them the products and services they want, all while keeping our own business strategy central? Purchase order and vendor supervision.

Sourcing Strategies 48

Sourcing Strategies Vendor Strategies Inventory Reduction Resource Reduction 48

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. Their main reasoning was to contain supply chain costs, reduce the amount of space used for inventory at hospitals and ultimately help provide better care.

Supply Chain Planning Software 147

Supply Chain Planning Software Optimization Software Supply Chain Software Inventory Reduction 147

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?

Outsourcing 89

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 89

Logistics Viewpoints

OCTOBER 24, 2024

It is a brilliant tool.” I have been to other vendors’ procurement conferences and cannot recall seeing similar functionality. The transactions are captured in the platform, eliminating “he said, she said” type arguments. For example, a buyer might say, “You only shipped me 800 of the 1000 products I ordered.”

SAP 144

SAP Procurement Solutions Manufacturing Procurement Procurement Analytics 144

GlobalTranz

FEBRUARY 2, 2015

So why do we feature content related to Vendor Managed Inventory? Distributors will inbound to a manufacturer the inventory needed and transportation management, especially inbound freight management, efficiency is paramount to an effective vendor managed inventory model. ” Vendor Managed Inventory Model: A Quick Back Story.

Vendor Strategies 94

Vendor Strategies Inventory Reduction Modeling Software Inventory 94

Logistics Viewpoints

SEPTEMBER 19, 2024

Additionally, software vendors continuously invest in tuning the performance of their algorithms and models. There is limited value to running an outdated process faster, and that value drops considerably when significant portions of the process run outside the enterprise tools.

Supply Chain Planning Software 144

Supply Chain Planning Software Scenario Planning Supply Chain Software Supply Chains 144

Ship Monk

APRIL 5, 2024

The process involves collecting quantitative and qualitative data concerning vendor-provided goods and services, and analyzing this data for opportunities to improve (or reasons to end) the relationship. Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. If so, good on you!

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 105

GlobalTranz

FEBRUARY 17, 2016

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. In the first part I put forth 6 areas of focus in order to reduce logistics costs. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well.

Inventory Reduction 65

Inventory Reduction Cost Reduction Waste Reduction Vendor Strategies 65

Logistics Bureau

MAY 31, 2021

Let’s begin with a look at why, in general, retailers with multiple sales channels are more likely to experience difficulties in reducing cost-to-serve. 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. Supplier and vendor pricing.

Cost Reduction 117

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 117

WorkWave

JUNE 27, 2024

This blog will delve into the current state of driver availability, its causes, consequences, strategies for mitigating the challenge, and future outlooks and long-term solutions. For example, a major retail chain reported significant logistical challenges due to driver shortages during the peak holiday season.

Optimal Sourcing 92

Optimal Sourcing Supply Chain Planning Software Optimization Software Availability 92

SYSPRO Smarter ERP

MAY 2, 2024

Why manufacturers should consider AI Generative AI (GenAI) and Machine Learning tools are being added to ERP solutions at a rapid pace, bringing new levels of automation and efficiency to business processes across the manufacturing enterprise. These range from data migration to integration, security and training.

ERP 59

ERP Supply Chain Planning Software Modeling Software Optimization Software 59

AIMMS

SEPTEMBER 28, 2020

Insights from Gartner’s Hype Cycle for Supply Chain Strategy, 2020. Gartner’s Hype Cycle for Supply Chain Strategy, 2020 offers some guidance. The report outlines the tools with the highest transformational benefits and capabilities that are becoming standard business practices. Firefighting is the norm. Network Design.

Supply Chain Design Software 166

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 166

CLX Logistics

JULY 13, 2020

It’s going to take a combination of tools and talent. In addition to your TMS, there is a wide array of powerful tools available to you, most of which are relatively easy to deploy , often as technology plugins for your TMS. As an example, consider the growing number of digital freight marketplaces like UberFreight and LoadSmart.

Cost Reduction 40

Cost Reduction Vendor Strategies Price Reduction Strategy 40

Logistics Viewpoints

DECEMBER 12, 2023

However, the average company struggles to integrate robots from multiple vendors with their existing systems and processes, as well as divide and orchestrate work across humans and machines. The typical benefits of a WES include an 80% reduction in administrative costs, a 12% increase in units-per-hour, and a 15% improvement in throughput.

Supply Chain Planning Software 185

Supply Chain Planning Software Supply Chain Design Software Optimization Software Resource Reduction 185

Logistics Viewpoints

APRIL 24, 2023

The supply chain design solution, for example, continues to grow in depth and usability. In fact, when Coupa acquired LLamasoft – the leading supply chain design software vendor – back in 2020, the product synergies were not at all clear to me. Virtually every enterprise application vendor claims to offer a platform.

Supply Chain Design Software 136

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 136

Logistics Business Magazine

SEPTEMBER 27, 2023

Zebra Technologies Corporation today released the findings of its 2023 Global Warehousing Study, which confirmed 58% of warehouse decision-makers plan to deploy radio frequency identification (RFID) technology by 2028 which will help increase inventory visibility and reduce out-of-stocks.

Supply Chain Planning Software 58

Supply Chain Planning Software RFID Supply Chain Software Inventory Reduction 58

TransAudit

DECEMBER 13, 2023

By embracing a circular supply chain, industry leaders can help: Eliminate waste and pollution Circulate products and materials at their highest value Regenerate nature As organizations continue to optimize supply chains , this process can provide significant benefits. A circular supply chain can reduce greenhouse gas emissions.

Supply Chain Design Software 87

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chains 87

GlobalTranz

NOVEMBER 17, 2016

The most common complaint of newer companies using big data analytics capabilities tends to revolve around traditional questions of business strategy. Consider the following elements explains John Richardson of Inbound Logistics, that impact business strategy. Increasing order efficiency. Demand forecasts. The quantity of each product.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Software Procurement Solutions Supply Chain Design 115

Globalior

APRIL 30, 2021

Today there are several off-the-shelf tools available to make this work simpler and much more accurate. For example, the business must decide maximum and minimum rates and thereafter set a priority on timeliness or cost. This can be done by deploying time studies and other such tools.

Optimization Software 52

Optimization Software Cost Reduction Resource Reduction Vendor Strategies 52

Logistics Bureau

JULY 19, 2021

Nevertheless, a recent meeting with a software vendor brought home to me how profoundly digital technology, primarily when provided via cloud-hosted SaaS delivery models, influences the focus of business relationships. The Problem with Vendor/Consultant Partnerships. The Problem with Vendor/Consultant Partnerships.

Supply Chain Planning Software 113

Supply Chain Planning Software Logistics Network Optimization Software Modeling Software Supply Chain Software 113

Freightos

JUNE 17, 2024

If a company can specialize in core competencies with AI tools, it creates a high barrier for another company to compete against. Third-party platforms reduce these upfront costs by providing access to state-of-the-art AI tools and technologies on a “pay per drink” subscription basis.

Modeling Software 106

Modeling Software Optimization Software Logistics Network Optimization Software Cost Reduction 106

Logistics Bureau

AUGUST 7, 2023

You’re ordering more stock than you need so you can meet vendor minimum order quantities. We’ll be pleased to assist you in implementing methods to sense customer demand more accurately, enhancing your ability to optimise inventory levels, reduce stock-outs, reduce carrying costs—and ultimately increase profitability.

Inventory Reduction 91

Inventory Reduction eCommerce Inventory Procurement Solutions 91

Logistics Bureau

OCTOBER 6, 2024

APS Advanced Planning Systems – Software tools that use complex algorithms to optimize supply chain planning. Examples include food, beverages, cosmetics, and household products. EDI speeds up business processes and reduces paperwork in supply chains. Examples include soft drinks, toiletries, and grocery items.

Supply Chain Planning Software 83

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 83

GlobalTranz

APRIL 25, 2017

The concept of actionable intelligence is about using technology and software to ensure company goals reflect industry strategy and demands. This involves the combination of data capture, analytic and dashboarding tools to make decisions easier. Why Work With a 3PL? Some companies continue to resist the 3PL revolution.

Supply Chain Software 62

Supply Chain Software Cost Reduction Resource Reduction Vendor Strategies 62

WorkWave

MARCH 31, 2023

Customer feedback can be a powerful tool to grow your business , and many potential customers trust reviews more than other forms of advertising or promotion. Referrals can be a powerful tool for building and managing a positive reputation. This makes referrals a powerful tool for companies looking to improve trust with new consumers.

Material Savings 52

Material Savings Vendor Strategies Optimization Software Resource Reduction 52

Logistics Viewpoints

JULY 1, 2024

Waving intelligently groups the tasks that need to be completed to reduce associate travel times and improve throughput. In the more manual part of a warehouse, WMS waving is the key optimization tool. For example, the AMR zone may need additional inventory as work proceeds. With gray box AMRs, the WMS can send order lines.

Optimization Software 138

Optimization Software Supply Chain Planning Software Optimization Supply Chain Software 138

Logistics Viewpoints

FEBRUARY 26, 2024

The organization realized that everything they had saved over the last 10 years by contracting with a preferred vendor, they lost in three months when they had to go off contract and find alternative suppliers. Agility and Resilience Dr. Runkle gave a few examples of the varied ways in which they use the solution to improve their operations.

Supply Chain Planning Software 168

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 168

SYSPRO Smarter ERP

AUGUST 3, 2022

As a result, the entire organization gains agility, increases efficiency, and cuts costs. For example, the incorporation of IoT into just about every machine, component part, and finished good inventory item enable several powerful capabilities within a modern ERP solution. As a result, the finance team can become much more agile.

Optimization Software 105

Optimization Software Supply Chain Software ERP Procurement Solutions 105

WorkWave

JUNE 10, 2024

Examples of fixed overhead costs include rent, insurance premiums, property taxes, and salaries of non-production staff. Examples of variable overhead costs include raw materials, direct labor associated with the production process, packaging, and shipping expenses. Overhead costs can also vary within industries and among companies.

Negotiating Skills 52

Negotiating Skills Cost Reduction Expense Reduction Optimization Software 52

Ship Monk

AUGUST 22, 2022

SKUs allow business owners to keep track of their products in terms of managing inventory levels, differentiating between products, and tracking products from vendor to customer. SKUs are unique to your business and can be customized to fit your needs and the needs of your vendors and customers.

Inventory Reduction 52

Inventory Reduction eCommerce Inventory 3PL 52

Now, That's Logistics

SEPTEMBER 14, 2021

5 Good Supply Chain Visibility Strategies. Once you’ve come up with a few ideas, meet with internal departments, Tier I vendors, logistics providers, and other stakeholders to discuss these problem areas. Answering this question will pinpoint the issues that would most benefit from increased supply chain visibility.

Supply Chain Software 78

Supply Chain Software Supply Chains Logistics Network Optimization Software Inventory Reduction 78

SYSPRO Smarter ERP

OCTOBER 20, 2021

It may seem like a fundamental change, but digitization has enabled the elimination of paper archives as well as countless sheets, folders and files. In the factory environment, one example is the digitization of records for a more efficient method of record keeping, thereby improving the batch traceability process.

Digital 133

Digital Factories Supply Chain Planning Software Supply Chain Software 133