Logistics Viewpoints

JULY 20, 2022

For example, missing a train by five minutes can incur an hour delay. In a warehouse, drawn out lead-times can result in manufacturing down-time or missed carrier cut-offs – both of which can be very costly. For example, the system drops an order to move a load with weight of x pounds, in location y, on a Euro-pallet in a tight area.

Vendor Strategies 153

Vendor Strategies Optimization Software Efficiency Logistics Network Optimization Software 153

Logistics Viewpoints

DECEMBER 4, 2024

Reshoring, the practice of bringing manufacturing operations back to the United States, has gained renewed momentum in recent years, largely driven by a combination of political priorities, economic strategies, and global supply chain disruptions. The Case for Reshoring: Benefits for Supply Chains 1.

Supply Chain Planning Software 155

Supply Chain Planning Software Supply Chain Software Supply Chains Cost Reduction 155

Logistics Viewpoints

OCTOBER 17, 2024

They are no longer just vendors of goods and services. Treating suppliers as essential partners in the field of direct spend management—almost like customers—can be a key component of a successful company strategy. For instance, suppliers may have strong Vendor Management process expertise that will help reduce working capital.

Supply Chain Planning Software 148

Supply Chain Planning Software Manufacturing Procurement Supply Chain Design Software Optimal Sourcing 148

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. Our first post focused on distressed shipments.

Inventory Reduction 112

Inventory Reduction Vendor Strategies Cost Reduction Waste Reduction 112

Logistics Bureau

DECEMBER 7, 2024

Is it a good idea to reduce working capital in a supply chain? Current liabilities are typically accounts payable, meaning the money you are due to payout, for example to suppliers. McDonalds, Amazon, Dell, General Electric, and Wal-Mart are examples. Yes, in general. Some other large companies have applied a similar model.

Material Savings 69

Material Savings Inventory Reduction Cost Reduction Vendor Strategies 69

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. In the report, you will find capabilities across five categories: technologies, competencies, frameworks, operating model strategies, and organizational models. Firefighting is the norm.

Supply Chain Design Software 166

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

GlobalTranz

JANUARY 16, 2019

But, with a well-planned strategy, you too can reduce expenses in your workplace. Still, some losses are a predictable expense and you can’t entirely eliminate them. Reduce Labor Costs Most of your operating budget will go towards labor. Either you reduce pay or find a way to increase work efficiency.

Cost Reduction 90

Cost Reduction Expense Reduction Waste Reduction Inventory Reduction 90

Logistics Viewpoints

MAY 3, 2022

We found three key strategies that could serve as a blueprint for other supply chains: Rethink Packaging. For example, manufacturers may invest in re-useable product packaging and containers to move goods to co-packers or retailers, cutting plastic out of the equation. One example is Scandinavian furniture giant Ikea.

Supply Chain Design Software 134

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 134

Logistics Viewpoints

JUNE 22, 2021

Let’s take a closer look at the issue of supply chain cybersecurity, why the Colonial Pipeline attack is translating into a renewed focus for cybersecurity, and a few things to know when assessing the cybersecurity of your network partners and software vendors. Supply Chain Cybersecurity Risks Continue to Exist Around the Globe.

Supply Chain Planning Software 179

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 179

Logistics Bureau

AUGUST 2, 2021

The price you pay your vendors for their products is a significant factor in your company’s ability to compete in its market. Here, we’re talking about all your vendors. Purchase order cycle time is a KPI that measures the elapsed time between raising a requisition request and the transmission of the purchase order to the vendor.

Procurement Analytics 118

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 118

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 118

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 118

Logistics Viewpoints

FEBRUARY 28, 2022

Supply chain vendors have been touting their investments in artificial intelligence (AI) for the last several years. 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.

Supply Chain Planning Software 182

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 182

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 151

Supply Chain Planning Software Optimization Software Supply Chain Software Inventory Reduction 151

Logistics Viewpoints

OCTOBER 9, 2024

DPPs simplify compliance by consolidating all necessary information in one place, reducing administrative burdens. As the regulatory environment continues to shift, companies that adopt DPP strategies will be better prepared for the future. For example, sustainability regulations in the EU and other regions are becoming more stringent.

Compliance 133

Compliance Digital Sourcing Strategies Waste Reduction 133

Logistics Bureau

JANUARY 7, 2020

Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. In other words, the majority did not recognise the need for close alignment between supply chain and general business strategies.

Supply Chain Design Software 131

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 131

Logistics Bureau

JANUARY 9, 2019

Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. In other words, the majority did not recognise the need for close alignment between supply chain and general business strategies.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 118

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 107

Cost Reduction Resource Reduction Price Reduction Vendor Strategies 107

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 102

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 102

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 188

Supply Chain Planning Software Supply Chain Design Software Optimization Software Resource Reduction 188

Shipchain

MAY 29, 2019

Supply chains are often very complex as they encompass all vendors, warehouses, retailers, and so on that bring a product to life and then to a customer. Blockchain’s tamper-proof nature eliminates any concerns over data validation, costs of managing data, time delays, and human errors.

Supply Chain Planning Software 126

Supply Chain Planning Software Supply Chains Vendor Strategies Cost Reduction 126

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 Bureau

NOVEMBER 6, 2023

Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency. There are several possible ways to eliminate this form of energy wastage.

Cost Reduction 116

Cost Reduction Purchasing Skills Waste Reduction Material Savings 116

Logistics Viewpoints

SEPTEMBER 26, 2022

For example, shippers spent much of last year bemoaning soaring ocean shipping rates and ships waiting for days to unload once they reached their destination port. The signals tend to lag what is happening in the market and companies tend to be slow to cut production. Rising unemployment appears to be inevitable.

Supply Chains 141

Supply Chains Vendor Strategies Manufacturing Procurement Inventory Reduction 141

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. One might say, an all-in-one WMS eliminates the costs and risks of integrating your WMS with external systems.

Optimization Software 149

Optimization Software Inventory Reduction Production Vendor Strategies 149

Logistics Viewpoints

FEBRUARY 23, 2022

Distributed order management (DOM) is at the heart of any omni-channel strategy. There are so many potential points of order fulfillment, whether it be a distribution center, dark store, retail stores or third-party vendor, to name a few. For example, Eddie poses the question: “do we ask for every order to be delivered overnight?

Supply Chain Design Software 179

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 179

Logistics Viewpoints

OCTOBER 2, 2024

For example, logistics companies are to employ Level 2 and 3 autonomous vehicles that assist drivers by adjusting speed and steering based on road conditions. For example, logistics companies operating older fleets are faced with upgrading their vehicles to meet the requirements of SAE J3016 standards for automation.

Supply Chain Planning Software 161

Supply Chain Planning Software Warehousing Supply Chain Software Optimization Software 161

SYSPRO Smarter ERP

JULY 26, 2022

Each vendor offering similar value propositions, functionality and benefits and technical jargon is the name of the game. If you are about to embark on the journey towards finding a new ERP vendor, here are some considerations and guidelines centered on those three factors. . and the benefits of next generation technologies.

Modeling Software 105

Modeling Software Optimization Software Vendor Strategies ERP 105

Parade

FEBRUARY 10, 2022

We recently published , a blog post about how Parade is different from other capacity management vendors, but then we realized there were even more unique features that Parade offers their customers. Parade is considered the top capacity management solution by most of the supply chain industry. You read that right.

Vendor Strategies 78

Vendor Strategies Capacity Price Reduction Networks 78

Logistics Bureau

OCTOBER 11, 2024

The Changing Role of Procurement Highly successful organisations often see their Chief Procurement Officers (CPOs) proactively driving global procurement strategy, sharing responsibilities with COOs and CFOs on value creation initiatives, and deploying global resources to achieve the ultimate supply chain targets.

Manufacturing Procurement 116

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 116

Logistics Viewpoints

NOVEMBER 30, 2023

This article will explore some of the key impacts of cyberattacks in the warehouse and distribution industry, as well as strategies businesses can employ to protect themselves from these threats. These side effects of an attack could lead to customer dissatisfaction and reduced profits.

Distribution 167

Distribution Cost Reduction Vendor Strategies Inventory Reduction 167

Logistics Viewpoints

SEPTEMBER 13, 2023

As part of its connected geo strategy, FourKites has expanded its operations to Japan, as it sees the country as an important link in the global supply chain. Supply chain ecosystems are made up of customers, partners, suppliers, vendors, and carriers, and none of these can operate in a silo.

Supply Chain Planning Software 173

Supply Chain Planning Software Waste Reduction Optimal Sourcing Supply Chain Software 173

Logistics Bureau

OCTOBER 10, 2022

Before we look at the barriers to optimal inventory and the possible ways to eliminate or overcome them, let’s be clear on what inventory optimisation means—because misconceptions do abound. For example, you can optimise for cost, profit, or service, but not for all of them. Inventory Optimisation: A Clarification.

Inventory Reduction 124

Inventory Reduction Inventory Optimization Modeling Optimization Software 124

Logistics Viewpoints

JANUARY 10, 2022

This reduction in costs is driven by grouping orders intelligently and then creating dense routes for a fleet of trucks. You can’t optimize based on grouping all your orders for the next day, the cut off times surrounding ecommerce are getting shorter and shorter. Last mile delivery is more difficult. They developed their own.

Supply Chain Software 150

Supply Chain Software Optimization Software Logistics Network Optimization Software Supply Chains 150

Logistics Bureau

DECEMBER 6, 2024

No retailer or producer for example, wants to be implicated in a consumer health scare resulting from poor quality-management in their supply chain. The following sections explore some key priorities for logistics operators wishing to meet the imperatives of speed, product quality, waste reduction, and efficiency in fresh supply chains.

Supply Chain Design Software 89

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 89

Trinity Logistics

SEPTEMBER 16, 2021

With costs rising recently, it’s easy to see why the challenge for many companies has been to reduce their transportation costs. Before we jump into how to reduce your transportation costs, it’s essential to understand what factors are causing them to rise. STEPS TO REDUCE TRANSPORTATION COSTS. CUT YOUR MANUAL PROCESSES.

Cost Reduction 73

Cost Reduction Expense Reduction Price Reduction Vendor Strategies 73

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.

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 105

Freightos

NOVEMBER 7, 2023

Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 3% to $1,609/FEU. Some anticipate downsizing among forwarders for the same reasons.

Negotiating Skills 133

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 133