ShipLilly

AUGUST 5, 2021

How to reduce or avoid port congestion surcharges? The first thing is to consider the discretion exercised by the shipping companies when calculating the congestion surcharge. The advantage of a virtual warehouse is the possibility of real-time updates of global logistics assets including inventory and transport.

Negotiating Skills 98

Negotiating Skills Cost Reduction Inventory Reduction Exercises 98

Conger

JULY 20, 2020

Chapter 4: How to Pass Your Forklift Certification Test With Flying Colors. How to Decide If the ‘Operator’s Life’ Is Right for You. Chapter 6: How to Get a Job as a Forklift Driver. Part I: How to Get a Forklift License. How to construct, transport, stack, and unstack loads. Hands-on training and evaluation.

How To 63

How To Buyer Training Training Course 63

Logistics Viewpoints

JUNE 26, 2023

But how to do this was very ambiguous. Initially, Mr. Beery found the technology intriguing, but he was not sure how to leverage their solution. The algorithms generate recommendations on optimal ways to rebalance inventory based on cost and service level impacts. One of those companies was Aera Technology.

Supply Chain Planning Software 83

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

SYSPRO Smarter ERP

JUNE 15, 2022

But to understand how to do that requires information, and therefore the question is how to get accurate data to check that the plant, and the people on the shop floor, are performing? In other words, VSM was an exercise, not part of a plan for improvement with a deployment strategy. The importance of digital manufacturing.

Optimization Software 98

Optimization Software ERP Material Savings Cost Reduction 98

Logistics Bureau

DECEMBER 19, 2022

A detailed exploration of slotting methodology will come later in this article, but it’s worth mentioning now that slotting should focus on inventory ergonomics (for want of a better expression). It also stands to reason that when you undertake a slotting exercise, you should think about it from the perspective of these activities.

Production 98

Production Inventory Reduction Cost Reduction Resource Reduction 98

Logistics Bureau

JANUARY 20, 2025

The added benefit of working with such a partner is that because they collect performance data from hundreds of companies, they can help you choose the most appropriate key performance indicators to use in your benchmarking exercise. How will you track inventory as it moves through your supply chain?

Inventory Reduction 40

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 40

Logistics Bureau

MARCH 3, 2019

What levels of inventory availability do you require? How fast are your inventory turns? Will your inventory volumes fluctuate much due to seasonality, or only a little? High availability of accurate throughput data will be of great aid to the outcome of the design or layout exercise. S is for Space.

Supply Chain Design Software 103

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Scenario Planning 103

GlobalTranz

APRIL 6, 2021

The demand caught off-guard those retailers and suppliers who relied on just-in-time inventory practices. Wholesale food distributors and producers had to figure out how to sell directly to the public. Broadline food distributors learned how to price restaurant-quality meat in family-sized packages and coordinate curbside pickup.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Software Supply Chains Manufacturing Procurement 75

Logistics Bureau

MAY 31, 2021

The tips in this article will help you know how to identify the customers, products, and processes that might be inflating your cost to serve (CTS) unnecessarily. Additional network complexity: It can be troublesome to juggle inventories for conventional and digital retail sales channels. Why Modeling Makes Sense.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

GlobalTranz

NOVEMBER 12, 2015

Will an inaccurate picking result in one error for the original problem or two errors for sending an incorrect product and retaining the original, correct product in your inventory? Performance management is basically how an organization manages potential problems and maintains standards within the workforce.

Data 91

Data Vendor Strategies Logistics Network Optimization Software Expense Reduction 91

Blog on Log

MAY 2, 2006

The trick is to figure out how to do this without inhibiting the delicate balance of the increasingly global economy. Just two years ago, a natural supply and demand imbalance at the Port of Long Beach caused major disruptions to the inventory levels of suppliers and retailers, regrettably just as the holiday season began.

Supply Chain Software 40

Supply Chain Software Security Supply Chains Exercises 40

GlobalTranz

OCTOBER 29, 2015

We then followed that with the wildly popular " 7 Strategic Performance Business Practices with 3PL KPIs and 4 KPI Problems to Solve " and shared how to use the S.M.A.R.T. This exercise prompted Whirlpool to question whether having a single logistics provider was the best structure to exceed customer expectations and maximize cost savings.

Case Study 93

Case Study Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 93

Logistics Bureau

SEPTEMBER 4, 2023

Supply/Inventory Management Inventory management problems and supplier relationship issues , too, can creep in over time and eat away at your profit margins. If you haven’t done a segmentation exercise, that would be a positive first step towards understanding customer profitability.

Negotiating Skills 98

Negotiating Skills Purchasing Skills Cost Reduction Analysis 98

Logistics Bureau

NOVEMBER 6, 2023

How to Improve Lighting Control It’s common for warehouse spaces to sit under artificial lighting even when or where it’s not strictly necessary. For example, could some areas of your warehouse be adapted via racking optimisation to store higher inventory volumes?

Cost Reduction 98

Cost Reduction Purchasing Skills Waste Reduction Material Savings 98

Logistics Bureau

MARCH 30, 2020

But with the vulnerability of such ultra-dependence on China now exposed, business managers should be planning how to increase the resilience of their supply chains. Once this exercise is completed, your company can then assess the risk from tier-two suppliers onwards. Use this system as an early-warning alarm for interruption.

Supply Chain Design Software 64

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 64

ShipLilly

AUGUST 5, 2021

How to reduce or avoid port congestion surcharges? The first thing is to consider the discretion exercised by the shipping companies when calculating the congestion surcharge. The advantage of a virtual warehouse is the possibility of real-time updates of global logistics assets including inventory and transport.

Negotiating Skills 52

Negotiating Skills Cost Reduction Inventory Reduction Exercises 52

GoShip Blog

MARCH 21, 2023

How to Create an Effective Inbound Freight Management Strategy To ensure that your inbound freight systems are seamless and efficient, you will have to pour time and energy into implementing the new processes into your business. Exercise patience when asking freight providers to take on new lanes. Communicate in a timely manner.

Inbound 52

Inbound Optimization Software Material Savings Optimization 52

Logistics Viewpoints

SEPTEMBER 7, 2022

Within this discipline, one of the toughest challenges is how to get visibility to problems arising across the extended supply network. But the further up the supply chain BD went, the less incentive suppliers had to participate in these exercises. Do I need more inventory? Supply Chain Chaos is the New Norm.

Supply Chain Software 103

Supply Chain Software Supply Chains Optimal Sourcing Procurement Solutions 103

Locus

JANUARY 10, 2024

We’ll look at four strategies to optimize shelf replenishment, reducing stockouts, improving inventory management, cutting waste, and boosting productivity. Exercising Cost Control: Lastly, shelf replenishment is all about managing costs efficiently. Pinpoint instances of stockouts and excess inventory.

Inventory Reduction 52

Inventory Reduction Cost Reduction Resource Reduction Waste Reduction 52

Logistics Bureau

AUGUST 1, 2022

The need for any S&OP process to have an executive sponsor who actively participates in the process, albeit only by exercising final approval over plans and, of course, making any decisions that call for executive authority, cannot be overstated. Inventory turns. The Executive Sponsor. Delivered on time and in full (DIFOT).

Supply Chain Planning Software 98

Supply Chain Planning Software Scenario Planning Operations Supply Chain Design Software 98

Ship Monk

AUGUST 2, 2023

Whether you’re an e-tailer that sells a variety of brands, or a startup brand trying to make a name for itself, your niche will help you figure out how to present yourself to the world (and what parts of the world you can safely ignore). Inventory storage or special handling for fragile, perishable, or oddly shaped products?

eCommerce 52

eCommerce Material Savings Cost Reduction Inventory Reduction 52

FourKites

JANUARY 7, 2021

They invest in new technologies and data-driven processes that allow them to exercise precise control over the business. However, though keeping an excessive amount of inventory on hand may boost your agility, it’s also expensive in its own right (known as “ inventory carrying costs ”). How to Create an Agile Supply Chain Model.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 52

The Logistics Academy

AUGUST 21, 2016

It is not fulfillment exercise of shipping quickly from distribution centers. It is about the supply chain and how to move products through it—not just ship from warehouses. You might be interested in: Specialist Certificate in Inventory Control & Materials Management. Amazon started the order immediacy customer expectation.

Supply Chains 40

Supply Chains Purchasing Skills Exercises Ordering 40

Logistics Bureau

NOVEMBER 14, 2018

If profits start to decline afterwards, your CTS data can offer valuable information about what changed and how to get back on track. For example, a CTS analysis may show you that customers ordering directly from you at your factory also generate lower costs in transport and inventory costs. Collecting and Using Cost to Serve Data.

Purchasing Skills 93

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 93

FreightWaves SONAR

JUNE 5, 2023

Shippers’ delayed reaction time to the sudden pullback in consumer spending — a pullback forced by a combination of less fiscal stimulus and higher inflation — contributed to the inventory glut that retailers are still trying to burn off a year later. The post Leverage freight data for confident demand planning appeared first on SONAR.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Data Freight 52

Conger

MAY 6, 2019

Toyota Lean Management is a management philosophy that teaches team members how to solve problems in a way that is effective and sustainable. By surfacing the problems and then thinking through how to solve the problems, we teach the team how to think and take responsibility. Inventory in the system was never accurate.

Waste Reduction 59

Waste Reduction Inventory Reduction Material Savings Sourcing Strategies 59

Logistics Bureau

NOVEMBER 30, 2024

On the other hand, progressive companies have learned how to leverage their supply chain as a customer service enhancer. You’ll probably need some external help to model your distribution network and identify how to optimise it, but that doesn’t make it any less fundamental to business success.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 40

Logistics Bureau

OCTOBER 31, 2016

On the other hand, progressive companies have learned how to leverage their supply chain as a customer service enhancer. You’ll probably need some external help to model your distribution network and identify how to optimise it, but that doesn’t make it any less fundamental to business success.

Supply Chain Design Software 45

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 45

Logistics Bureau

DECEMBER 28, 2024

We’re going to look at reasons why companies outsource, how to choose a third party logistics organization (3PLO), who the main players are, and how to be successful in working with a 3PLO. How to Select a 3PLO for Business Process Outsourcing? It must be a joint exercise. Note that the assessment deals with risk.

Outsourcing 52

Outsourcing Inventory Reduction Cost Reduction Price Reduction 52

Logistics Bureau

AUGUST 21, 2016

That’s not to say that the following signs and symptoms are harbingers of disaster, but they should certainly prompt a distribution network design review, along with a modeling exercise to check if your outbound supply chain is maintaining that all-important balance between cost and service. Too Much Inventory. Click To Tweet.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Design Distribution Networks 40

Logistics Bureau

JANUARY 30, 2017

Strange as it may seem, many business leaders don’t have the answers to these questions , because they’ve never conducted an exercise to understand the costs involved with supplying their customers. Increases in obsolete and/or excess inventory. Management doesn’t know how to act.

Supply Chain Design Software 67

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 67

Logistics Bureau

OCTOBER 19, 2017

Another could be simply knowing how to fix the problem rapidly. Rather than just spending time and money on it, they can also learn how to make BCM add to their profit and growth. Plan how to handle these if they arise. The price to pay is the excessive costs of holding all the inventory. Start with your customer.

Supply Chain Planning Software 45

Supply Chain Planning Software Supply Chain Design Software Supply Chain Design Supply Chains 45

Conger

MAY 6, 2019

Toyota Lean Management is a management philosophy that teaches team members how to solve problems in a way that is effective and sustainable. By surfacing the problems and then thinking through how to solve the problems, we teach the team how to think and take responsibility. Inventory in the system was never accurate.

Waste Reduction 40

Waste Reduction Inventory Reduction Material Savings Sourcing Strategies 40

Automotive Logistics

APRIL 15, 2019

According to DB Schenker, the programme is based on a total of six exercises – each of which instructs learners about the various steps involved by encouraging ‘playful’ learning. Even new or temporary staff can fulfil tasks at top quality as the AR solution shows what to do and how to do it. Online stock and inventory control.

Supply Chain Design Software 54

Supply Chain Design Software Supply Chain Planning Software Modeling Software Supply Chain Software 54

The Logistics Academy

FEBRUARY 13, 2017

Another trend is learning how to deal with the avalanche of data that supply chain managers have at their fingertips. On the more traditional side, evaluating where and how to position inventory to serve both online and brick-and-mortar retail customers is a big logistics issue. It is also an exercise in trade-offs.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 40

Conger

JULY 28, 2022

How to Measure Warehouse Safety. How Safe Are Warehouses? How to Measure Warehouse Safety. Otherwise, how will you know if things got better, worse, or stayed the same? Near misses provide insight into the factors that led to the unsafe incident and provide a framework for how to fix them. Let’s dive in!

Tips 52

Tips Material Savings Training Materials Handling 52

Logistics Bureau

SEPTEMBER 3, 2017

Collaborating logistics entities may need time to understand how to make the collaboration work, come up with ideas and put them into practice, and measure the outcomes. Any company that thinks collaboration can work as a “throw it over the wall” exercise is likely to be disappointed. Enough time. No properly supportive management.

Collaboration 40

Collaboration Logistics Network Optimization Software Manufacturing Procurement Supply Chain Design Software 40