Logistics Viewpoints

MAY 23, 2024

This involves setting up numerous parameters like lead times, inventory levels, production capacities, and demand forecasts, all of which must be adjusted for different scenarios. Director of Supply Chain Strategy at Coupa, where he manages the Go to Market strategies for areas of Supply Chain and Direct Spend.

Scenario Planning 126

Scenario Planning Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 126

Logistics Bureau

DECEMBER 24, 2024

Merely dealing with the complexity of transport networks, contractors, inventories, industrial unions, and cost control is tough enough for many enterprises, so achieving 98% on-time performance is, for some, just a dream.On Alas, in some cases, there is no supply chain strategy to speak of. It must be a joint exercise.

Outsourcing 52

Outsourcing Warehousing Negotiating Skills Purchasing Skills 52

ShipLilly

FEBRUARY 8, 2023

Questions about dealing with excess inventory Given what has happened before, it is not entirely surprising that many retailers are contending with elevated levels of excess inventory. This is a trend that is undesirable since excess inventory tends to have a detrimental effect on cash flow.

Inventory Reduction 52

Inventory Reduction Inventory Handling Price Reduction 52

Logistics Viewpoints

JANUARY 13, 2022

Understanding and assessing the tradeoffs between the costs of labor, inventory, transportation, and carbon footprint while going through these pivots will be crucial. Carrying out such design exercises on a frequent basis allows for organizations to pivot quickly to either tackle disruptions or to take advantage of opportunities.

Supply Chain Design Software 124

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 124

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 111

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 111

Logistics Bureau

OCTOBER 2, 2016

Supply chain strategy is critical to business success, but is often underestimated in its importance and hence receives less strategic 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 99

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 99

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. Read Also: What Is Order Fulfillment and It’s Process and Strategies 1.

Inventory Reduction 52

Inventory Reduction Cost Reduction Resource Reduction Waste Reduction 52

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. Strategic placement of inventory buffers to ensure sufficient ability to absorb shocks.

Supply Chain Planning Software 116

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

Logistics Viewpoints

OCTOBER 21, 2021

The rapid shifts to eCommerce during the pandemic caused retailers and brand owners alike to flex their network nodes (where goods are made and inventories are stocked) significantly. However, with the new generation technologies, it now is practical to keep the data feeds fresh to make the modeling exercises a continuous, ongoing discipline.

Supply Chain Design Software 105

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

Dedola Global Logistics

JULY 3, 2024

The True Cost of Delays: Delays caused by fixed-rate contracts can have severe financial impacts, particularly for seasonal, perishable, and just-in-time inventory products. Seasonal Goods: Delays can make seasonal products unsellable, leading to inventory write-offs.

Inventory Reduction 81

Inventory Reduction Price Reduction Cost Reduction Freight 81

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

DECEMBER 19, 2022

For example, slotting strategies often involve placing the fastest-moving SKUs close to the warehouse dispatch zones, minimising picking operatives’ travel distances and times. Therefore, any slotting strategy should focus on minimising such travel. However, sometimes different approaches are necessary. Slotting Benefits: Summary.

Production 98

Production Inventory Reduction Cost Reduction Resource Reduction 98

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. We’ll begin with a look at pricing strategy. Do You Lack Confidence in Your Pricing Strategies? Are You Missing Opportunities in Pricing Strategy?

Negotiating Skills 98

Negotiating Skills Purchasing Skills Cost Reduction Analysis 98

GlobalTranz

OCTOBER 30, 2015

A huge part of effective strategy in any business function is planning. Examining what went right and identifying areas for growth and opportunity are powerful exercises that both prevent the recurrence of negative behaviors and reinforce our commitment to priorities. where has the time gone!). What about missed opportunities?

Supply Chain Planning Software 92

Supply Chain Planning Software Scenario Planning Supply Chain Design Software Supply Chain Design 92

SYSPRO Smarter ERP

AUGUST 2, 2023

By leveraging ERP analytics, manufacturers can streamline the management of sourcing strategies for materials and make informed decisions when selecting suppliers during the purchasing cycle. The ability to monitor transfers between multiple warehouses provides complete visibility, ensuring efficient inventory management.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 98

Logistics Viewpoints

SEPTEMBER 28, 2021

Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility. Matt has led high-impact teams that implemented logistics strategies and systems at P&G, Nestle, Kraft, Anheuser-Busch Inbev, Tyco, Argos and Nokia across North America, Western Europe and Latin America.

Supply Chain Planning Software 98

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

Logistics Bureau

MARCH 3, 2019

For example, if speedy delivery is a part of your service strategy (which is often the case in today’s on-demand environment), you will either need to locate your warehouses close to customers, or close to the facilities of your preferred carriers. Your distribution strategy too, will have a bearing on network optimisation.

Supply Chain Design Software 103

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

Logistics Bureau

APRIL 3, 2023

Through collaboration with your procurement partner, you can reduce inventory levels and then potentially downsize your warehouse capacity needs. For instance, automated order processing can reduce order processing time, while predictive analytics can help forecast demand more accurately, reducing the risk of stock-outs or excess inventory.

Outsourcing 98

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 98

Now, That's Logistics

SEPTEMBER 14, 2021

5 Good Supply Chain Visibility Strategies. For many manufacturing and distribution organizations, for example, inventory management may be the pain point most worthy of attention. As you experiment with these visibility strategies, be sure to measure your successes and tweak your approach based on those results.

Supply Chain Software 78

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

Logistics Viewpoints

MAY 22, 2023

A company can choose to maintain a high level of costly inventory to ensure short lead times, and a family can decide to live farther away from work and school but buy a bigger house. Moreover, this exercise might need to be repeated several times depending on how the war proceeds. But optimization is much more than that!

Supply Chain Design Software 112

Supply Chain Design Software Supply Chain Design Supply Chain Software Modeling Software 112

Logistics Bureau

APRIL 15, 2016

The purpose of a warehouse is to provide storage of products to meet customer demands and inventory allows the decoupling of demand and supply. Often this inventory is used to smooth out the supply chain from disruptions (whatever they might be). All of these symptoms potentially are a sign that a slotting exercise is overdue.

Waste Reduction 73

Waste Reduction Supply Chain Planning Software Cost Reduction Inventory Reduction 73

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%. Slotting strategies often involve placing the fastest-moving SKUs close to the warehouse dispatch zones, which helps to minimise picking operatives’ travel distances and times.

Production 74

Production Inventory Reduction Cost Reduction Expense Reduction 74

Logistics Bureau

MAY 31, 2021

Unless your company has already invested in the processes and technology to support the addition of online retail logistics to your channel strategy, attaining a single view of your inventory and customers could prove difficult. Pure-play online sellers typically perform better on cost-to-serve than their omnichannel peers.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

SYSPRO Smarter ERP

JUNE 15, 2022

It involves using data to uncover and unlock value in different areas of a factory, such as: reducing inventory holding costs; increasing labor productivity; reducing machine downtime; increasing manufacturing throughput. In other words, VSM was an exercise, not part of a plan for improvement with a deployment strategy.

Optimization Software 98

Optimization Software ERP Material Savings Cost Reduction 98

Logistics Bureau

MARCH 30, 2020

Once this exercise is completed, your company can then assess the risk from tier-two suppliers onwards. Form a series of joint agreements to monitor lead times and inventory levels. Typically it involves carrying extra inventory and hiring more workers than absolutely necessary. 2) Diversify Your Operations.

Supply Chain Design Software 64

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

Logistics Bureau

MAY 24, 2019

The company was replenishing dealers’ inventory weekly, using direct shipment and cross-docking operations from source warehouses located near Deere & Company’s manufacturing facilities. The only option was to try to reduce levels of inventory, which, up to that point, had been kept very high to support a nine-week order cycle.

Cost Reduction 77

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 77

3PL Links

JUNE 19, 2024

How can Self Storage help in applying these strategies? Efficient inventory management To prevent running out of stock or having too much on hand, you must exercise caution when handling the inventory of your company. Utilize inventory management tools to estimate demand and monitor levels.

Expense Reduction 48

Expense Reduction Inventory Reduction Optimal Sourcing Sourcing Strategies 48

Logistics Bureau

AUGUST 2, 2021

By shortening supplier lead time, you might find opportunities to reduce safety stock levels and gain other inventory management wins for your organisation. Cost per Purchase Order and Cost per Invoice. In procurement, cost analysis is not just about the price of your company’s purchases.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

Logistics Bureau

FEBRUARY 1, 2025

Perhaps the most valuable IT solutions for competitive fashion retailing are enterprise resource planning (ERP) and product lifecycle management (PLM), along with the use of radio frequency identification (RFID) to feed real-time inventory data to these systems.

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 75

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? However, you must exercise caution to make sure you do not damage your vendor-shipper relationship.

Data 91

Data Vendor Strategies Logistics Network Optimization Software Expense Reduction 91

Blue Grace Logistics

MARCH 26, 2019

Better planning: Intelligent automation can integrate and streamline transportation planning, route planning, warehouse network, and inventory planning. A large amount of data is used as the base for making strategies and taking decisions. However, like with all new things, there’s a need to exercise caution.

Supply Chain Software 54

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

Logistics Viewpoints

SEPTEMBER 7, 2022

But the further up the supply chain BD went, the less incentive suppliers had to participate in these exercises. Do I need more inventory? And then BD would go to the Tier 2 suppliers and ask them to identify their Tier 1 suppliers (which would be BD’s Tier 3 suppliers). And this would continue until a product supply chain was mapped.

Supply Chain Software 105

Supply Chain Software Supply Chains Optimal Sourcing Procurement Solutions 105

Logistics Bureau

AUGUST 1, 2022

Often, in our experience, the problem is a human one… It’s not the data, not the process, not the technology, or the strategy, but the people. Inventory turns. Instead, your strategy should be to take the principles of whichever S&OP model seems to fit best, and then adapt the process to your business strategy and objectives.

Supply Chain Planning Software 98

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

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 Bureau

DECEMBER 28, 2024

For enterprises that run their own fleets, merely dealing with the complexity of transport networks, contractors, inventories, industrial unions and cost control is tough enough, so achieving 98% on time performance is for many, just a dream. So for many enterprises, flexibility and scalability are sacrosanct.

Outsourcing 52

Outsourcing Inventory Reduction Cost Reduction Price 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

Logistics Bureau

NOVEMBER 30, 2024

Supply Chain Strategy You might expect that an article section on supply chain strategy would contain some pretty complicated concepts and ideas. If so, prepare to be surprised, because it doesn’t get any more basic than this: Your company must have a documented and commonly understood supply chain strategy. “What?”

Supply Chain Design Software 40

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