Stord

MAY 8, 2024

What is the biggest logistics challenge facing e-commerce/DTC & B2B companies this year and how can it be overcome? (And what should e-commerce/DTC & B2B companies be doing to get ahead of these challenges?)

Optimal Sourcing 158

Optimal Sourcing Supply Chain Planning Software Inventory Reduction Optimization Software 158

SYSPRO Smarter ERP

DECEMBER 19, 2022

In an increasingly unpredictable world environment, practices for planning and forecasting inventory levels that worked in the past need to be reviewed. In the 1990s, APS (Advanced Planning and Scheduling) arose as a solution for making better decisions about inventory. Inventory optimization.

Inventory Reduction 105

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 105

Logistics Bureau

AUGUST 7, 2023

Effective inventory management has become increasingly crucial for businesses in this fast-paced and rapidly evolving era of ecommerce. Moreover, the ecommerce explosion has brought new and unique challenges that complicate inventory management for enterprises selling online.

Inventory Reduction 104

Inventory Reduction eCommerce Inventory Procurement Solutions 104

MTS Logistics

JUNE 30, 2023

And 52% are looking to consolidate more shipments overall, a strategy for which LCL can play an important role.” ” Below are three ways shippers can use LCL to reduce their costs. Shippers can move only the inventory they need to meet demand instead of wasting unnecessary time filling a 40-foot container.

Cost Reduction 87

Cost Reduction Inventory Reduction Waste Reduction Optimal Sourcing 87

EazyStock

OCTOBER 20, 2020

Inventory Control Techniques that use Stock Optimization Best Practices. There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. Firstly, let’s get a few definitions: What is inventory control? 6 Inventory Control Techniques to Optimize Stock Levels.

Inventory Reduction 98

Inventory Reduction Optimization Software Inventory Optimization Modeling 98

SYSPRO Smarter ERP

DECEMBER 19, 2022

In an increasingly unpredictable world environment, practices for planning and forecasting inventory levels that worked in the past need to be reviewed. In the 1990s, APS (Advanced Planning and Scheduling) arose as a solution for making better decisions about inventory. Inventory optimization.

Inventory Reduction 98

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 98

Logistics Bureau

MAY 30, 2022

In this post, we explain what those pillars are, why they matter, and how to align them in a way that supports supply chain management excellence. Our three pillars (or fundamentals) of great supply chain management excellence are strategy, service, and cost. For example: Alignment of strategy and cost leads to happy shareholders.

Inventory Reduction 117

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 117

Locus

JUNE 16, 2023

The question then is: how can companies maneuver this intricate, costly maze successfully? Naturally, the costs of meeting such expectations, especially on the delivery front are also increasing. Read also: How to Calculate the Cost of Transport 2. It is no secret that customer expectations are really high these days.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

SYSPRO Smarter ERP

NOVEMBER 1, 2021

Industries are facing the need to plan new strategies and invest more in technology to gain a stronger foothold. A B2B e-commerce strategy is therefore becoming increasingly necessary for manufacturing businesses that want to better sell their products or procure the necessary components for manufacturing them.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Inventory Reduction 111

GlobalTranz

MAY 6, 2015

One reason may be that they haven’t made the paradigm shift as to how to implement lean. Eliminate All Waste in the Supply Chain So That Only Value Remains. o Space—holding places for unnecessary inventory. o Inventory—inactive raw, work-in-process, or finished goods. Reduce Lead Time.

Supply Chain Planning Software 127

Supply Chain Planning Software Waste Reduction Inventory Reduction Supply Chain Software 127

Ship Monk

MAY 5, 2022

Today, we’re going where the rubber meets the road: the actual migration. 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. Strategy 2: Sending Inventory to Cover a Transition Period.

Inventory Reduction 52

Inventory Reduction Vendor Strategies Cost Reduction 3PL 52

3PL Links

OCTOBER 15, 2024

Image source: Pexels | Logistics Challenges and How to Overcome Them Let’s break down the most common logistics problems and how you can resolve them to improve your operations. Read Also: How to Optimize Your Stock With Ideal Storage Structures 1. But the good news is, there are proven solutions that can help overcome them.

Inventory Reduction 62

Inventory Reduction Logistics Network Optimization Software Supply Chain Software Expense Reduction 62

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?

Inventory Reduction 78

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 78

Logistics Viewpoints

MARCH 21, 2024

Self-distribution is an increasingly popular option for healthcare systems to consider when deciding how to manage their supply chain. 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.

Supply Chain Planning Software 141

Supply Chain Planning Software Optimization Software Supply Chain Software Inventory Reduction 141

Carter Logistics

APRIL 30, 2019

How to Take On Today’s Cross-Border Shipping Challenges. To turn the challenges into their competitive advantage, cross-border shippers must analyze the current issues that are affecting their supply chain, adhere to all regulations and requirements, and capitalize on more efficient supply chain strategies. Blog Topics.

Sourcing Strategies 104

Sourcing Strategies Cost Reduction How To Inventory Reduction 104

Logistics Viewpoints

FEBRUARY 23, 2022

Specifically, there were spikes in demand, and even though there was a lot of inventory available, the demand was surging. Then we moved into a phase where we had stationary, stale, and suspended inventory because we couldn’t get to it; retail stores and distribution centers were closed, and seasonal inventory was very challenged.

Supply Chain Design Software 171

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 171

Ship Monk

SEPTEMBER 14, 2023

If you’re not employing a multichannel sales strategy, you’re clearly missing out. But what, exactly is a multichannel sales strategy, and is it worth the investment? Shopping platforms also make it easier to integrate third-party apps such as payment systems, returns apps, fulfillment automation, and inventory management.

Inventory Reduction 64

Inventory Reduction Price Reduction Cost Reduction eCommerce 64

Stord

NOVEMBER 13, 2024

Black Friday and Cyber Monday (BFCM) have become the centerpiece of many brands’ ecommerce calendar - offering unprecedented opportunities for online retailers to boost sales, attract new customers, and move inventory. Win Your Inventory. Meaning every several hours (or days) you get a snapshot of your current inventory.

Inventory Reduction 148

Inventory Reduction How To Cost Reduction Procurement Solutions 148

WorkWave

JANUARY 18, 2021

It’s important to understand how to handle growth because upgrading your small business can be overwhelming. By monitoring these specific facets of your business, you can find the cause of growth and determine how to adapt it to other aspects of the company or capitalize on it through marketing. Know the Cause of Growth.

Sourcing Strategies 98

Sourcing Strategies Inventory Reduction Tips Supply Chain Software 98

EazyStock

NOVEMBER 19, 2020

Stock replenishment is an important aspect of inventory management, as it ensures the right stock items are being reordered to meet customer demand. Stock (or inventory) replenishment is the process of moving items along the supply chain so they are ready to be picked and shipped, thus fulfilling orders on time.

Replenishment 98

Replenishment Optimal Sourcing Inventory Reduction Supply Chain Planning Software 98

3PL Links

MAY 19, 2024

Image source: PxHere | Mastering Demand and Inventory Planning: Essential Strategies for Success Have you ever thought about how businesses effectively satisfy customer demand and maintain supplied inventory? Demand and inventory planning is a critical procedure that holds the key to success. quarterly or monthly).

Inventory Reduction 48

Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 48

Locus

JANUARY 10, 2024

We’ll look at four strategies to optimize shelf replenishment, reducing stockouts, improving inventory management, cutting waste, and boosting productivity. Eliminating the Need for Markdowns: By maintaining the right stock levels at the right times, we can avoid bothersome markdowns.

Inventory Reduction 52

Inventory Reduction Cost Reduction Resource Reduction Waste Reduction 52

Logistics Bureau

DECEMBER 20, 2021

As we are often asked about KPIs for inventory management , that’s what we’re going to focus on in this particular post. You will also understand their notable benefits to the inventory management discipline. 10 Invaluable KPIs to Track Inventory Management Performance. 1: Inventory Turns. million)/2 = 6.76.

Inventory Reduction 106

Inventory Reduction Inventory Cost Reduction Purchasing Skills 106

EazyStock

NOVEMBER 17, 2020

What is ERP inventory management? When it comes to inventory management, ERP systems are ideal for tracking stock along the supply chain, monitoring stock levels and order processing. ERP inventory management limitations. ERP inventory management needs sophisticated demand forecasting.

ERP 98

ERP Inventory Reduction Inventory Optimization Software 98

Logistics Viewpoints

OCTOBER 2, 2024

Smart warehouses, governed by standards like ISO 9001 for quality management, are also integrating AI systems to optimize inventory management and automate the loading and unloading processes. How to Surmount Those Obstacles? What Are The Challenges?

Supply Chain Planning Software 154

Supply Chain Planning Software Warehousing Supply Chain Software Optimization Software 154

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. Supply chain strategies have come into the spotlight as volatile demand and complicated global markets have made supply chains more complex.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 52

3PL Links

OCTOBER 29, 2024

Image source: Pexels | How Real-Time Inventory Tracking Can Boost Your Profit in 2025 In today’s fast-moving business environment, real-time inventory tracking has become a critical tool for optimizing operations, cutting costs, and driving profitability.

Inventory Reduction 62

Inventory Reduction Optimal Sourcing Inventory Cost Reduction 62

Logistics Business Magazine

JANUARY 20, 2023

But, how can you drive efficiency, and accuracy whilst saving time in your supply chain with on-time in full strategies? How can you ensure that you’re succeeding in this area? It all comes down to your on-time in full strategies. On this page, we’ll take a close look at OTIF, its benefits, and how you can improve yours.

Expense Reduction 60

Expense Reduction Inventory Reduction Cost Reduction Supply Chains 60

Ship Monk

FEBRUARY 24, 2024

How much are you spending on manufacturing, shipping, marketing, customer support, logistics services, and order fulfillment services? You never want to cut corners on these, or any, crucial areas of your ecommerce brand. There are many different models and formulas for strategically ordering inventory.

eCommerce 105

eCommerce Inventory Reduction Tips Waste Reduction 105

FourKites

DECEMBER 11, 2020

What is inventory carrying cost? Inventory carrying cost, or more simply referred to as “carrying cost,” is the sum of all the costs associated with holding inventory or stock in storage or warehouse. Inventory carrying costs are something that anyone who sells a physical product has to deal with. Inventory Service Cost.

Inventory Reduction 52

Inventory Reduction Cost Reduction Expense Reduction Resource Reduction 52

Logistics Bureau

NOVEMBER 16, 2020

Certified in Production and Inventory Management (CPIM) : The course covers ground such as knowledge of production and inventory management, internal operations, and customer relations. Certified Supply Chain Professional : Learn how to develop streamlined supply chain operations. Manage inventory levels. Networking.

Supply Chain Planning Software 118

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

Logistics Viewpoints

DECEMBER 7, 2021

Workforce shortages and other challenges abound throughout all transportation sectors, and while this may revitalize investments in localized manufacturing, expanded warehousing to hold more inventory, and other efforts, these changes do not solve today’s issues. Carrier capacity management strategies ease the crunch.

Price Reduction 124

Price Reduction Cost Reduction Inventory Reduction Capacity 124

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

Logistics Viewpoints

FEBRUARY 28, 2023

Omnichannel is a centralized strategy that enables businesses to coordinate, streamline, simplify and speed up fulfillment of orders that have been placed through different channels (online, retail, etc.). It is making use of inventory that is the easiest/fastest to get to the customer, no matter through which channel the order was placed.

Optimal Sourcing 127

Optimal Sourcing Inventory Reduction Sourcing Strategies Vendor Strategies 127

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. But what about cost of service?

Outsourcing 62

Outsourcing Warehousing Negotiating Skills Purchasing Skills 62

Logistics Viewpoints

DECEMBER 5, 2023

This plan should outline specific steps to be taken in the event of a breach, including who to contact and how to contain and mitigate the damage. This information is then used to develop a risk management strategy that takes into account the potential impact of different types of cybersecurity incidents.

Supply Chain Planning Software 157

Supply Chain Planning Software Supply Chain Design Software Scenario Planning Vendor Strategies 157

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. 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.

Cost Reduction 118

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 118