Cyzerg

OCTOBER 3, 2023

Stockouts or inventory shortages can spell disaster for businesses. To help businesses navigate this challenge, we have compiled a comprehensive guide on preventing and managing inventory shortages. Additionally, we will discuss effective inventory management techniques that can help businesses minimize the occurrence of stockouts.

Inventory Reduction 195

Inventory Reduction Inventory Optimal Sourcing Sourcing Strategies 195

Logistics Bureau

JANUARY 16, 2025

Just as your body needs multiple defense mechanisms to fight off illness, your supply chain needs various strategies to handle disruptions, whether they’re local supplier issues or global crises. When we talk about building a resilient supply chain, we’re not just discussing having backup suppliers or extra inventory.

Supply Chain Planning Software 74

Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies Supply Chain Software 74

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

GlobalTranz

JUNE 11, 2020

Knowing that your distribution fulfillment strategy is working gives you a better insight into how your business is performing. This is important for reducing order fulfillment errors, improving your inventory management and remaining competitive.

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Inventory Reduction Strategy Distribution How To 97

Logistics Viewpoints

MARCH 11, 2025

For example, with a data gateway, a supply planner gains accelerated access to customer orders, inventory levels, and transportation schedules, all in one place, to increase the user experience of making the right choice to identify inefficiencies and make better, more informed decisions. Learn more at InterSystems.com/DataGateway.

Optimal Sourcing 128

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 128

Logistics Bureau

OCTOBER 10, 2022

Too much inventory in your distribution network? Inventory costs too high? These are all pervasive issues for supply chain operators worldwide—and are classic symptoms of suboptimal inventory performance. But what exactly does inventory optimisation mean, and what obstacles must first be broken down to achieve it?

Inventory Reduction 105

Inventory Reduction Inventory Optimization Modeling Optimization Software 105

Ship Monk

SEPTEMBER 14, 2022

There are a lot of accounting terms thrown around when describing eCommerce inventory: merchandise inventory , WIP inventory , ending inventory , and beginning inventory to name just a few. What is Beginning Inventory? By inventory , we mean finished goods that are on hand and ready to sell.

Inventory Reduction 98

Inventory Reduction Inventory Purchasing Skills Manufacturing Procurement 98

Logistics Bureau

JULY 18, 2022

As you’ll 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, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy.

Inventory Reduction 98

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 98

GlobalTranz

FEBRUARY 25, 2021

How often do you think about your retail reverse logistics strategy? Instead of being relegated to the margins, executives must rethink their strategy and consider how a data-driven reverse supply chain can add more value and improve profit margins. The Benefits of a Data-Driven Retail Reverse Logistics Strategy.

Expense Reduction 101

Expense Reduction Inventory Reduction Reverse logistics Strategy 101

The Logistics of Logistics

MAY 22, 2024

With locations in Kentucky and Maryland, EZDC3PL offers nationwide distribution and real-time inventory visibility. Their services include order fulfillment, omnichannel logistics, packing, and kitting. They position themselves as a turnkey solution for businesses seeking to outsource fulfillment and focus on core operations.

eCommerce 396

eCommerce 3PL Warehousing Inventory Reduction 396

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 52

Outsourcing Warehousing Negotiating Skills Purchasing Skills 52

Ship Monk

APRIL 23, 2024

Image Source: EcoMatcher How to Calculate Your Carbon Footprint If you’re serious about sustainability, you should start by calculating your carbon footprint. Measuring your output will enable you to develop strategies toward reducing your output, and show your customers the progress you’re making.

Waste Reduction 104

Waste Reduction Inventory Reduction Resource Reduction Cost Reduction 104

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 98

Inventory Reduction eCommerce Inventory Procurement Solutions 98

Logistics Viewpoints

JANUARY 9, 2025

Each client may have unique workflows, inventory characteristics, and throughput requirements. High throughput ensures swift inventory movement, reduces time to market, and enhances cash flow. Clear goals ensure that investments in flexibility and throughput align with broader business strategies.

Resource Reduction 121

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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

MTS Logistics

APRIL 3, 2023

Despite this, bloated inventories due to reduced consumer demand are still putting pressure on warehouse rates, leading to a new inflation warning for consumers. Many businesses have increased their inventory levels to ensure continuity of supply during the pandemic.

Inventory Reduction 111

Inventory Reduction Cost Reduction Price Reduction Supply Chains 111

Logistics Bureau

MAY 24, 2021

Among the universal challenges that the COVID-19 pandemic has imposed upon the supply chain management profession is the question of inventory, specifically, “how much is enough?”. It wasn’t long ago that businesses were asking, “By how much can I reduce my levels of inventory?”. Turnover Days and How to Calculate Them.

Inventory Reduction 98

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 98

Logistics Viewpoints

FEBRUARY 20, 2024

This article describes how to incorporate simulation techniques into optimization, build a stochastic optimization model, and end up with a more resilient supply chain model. That strategy can lead to thousands of scenarios, and still no number of scenarios will answer all questions. But it has gaps.

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Supply Chain Design Software Sourcing Strategies Supply Chain Design Inventory Reduction 121

Logistics Viewpoints

APRIL 21, 2021

The benefit is that it does not matter where an order originates; all fulfillment channels have access to the information and the retailer can appropriately allocate the inventory depending on stock levels, demand requirements, and timing of fulfillment. For B2B companies, their supply strategy is built on three pillars.

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Supply Chain Planning Software How To Supply Chain Design Software Sourcing Strategies 119

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

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

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

Supply Chain Brain

NOVEMBER 20, 2023

Re-shoring or near-shoring factories, “just-in-case” inventories, and qualifying alternative suppliers are among the most common ways that companies are building resilience. However, these strategies come with tremendous complexity and a heavy price tag.

Inventory Reduction 116

Inventory Reduction Price Reduction Factories How To 116

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

Log-hub

JANUARY 8, 2025

Thats why its more important than ever to focus on strategies that work and make them part of your plan moving forward. Lets explore the key strategies that can keep your business ahead of the competition in 2025. Look into tools that help with inventory management or consider robotic process automation (RPA) for repetitive tasks.

Optimal Sourcing 40

Optimal Sourcing Waste Reduction Inventory Reduction Resource Reduction 40

The Logistics of Logistics

NOVEMBER 3, 2021

Richard is the founder and CEO of Gray Growth Strategies , a consulting company that provides custom-tailored solutions for refrigerated or frozen food fulfillment needs. About Gray Growth Strategies. Gray Growth Strategies provides custom-tailored solutions for refrigerated or frozen food fulfillment needs. About Richard Gray.

Cost Reduction 195

Cost Reduction Expense Reduction Inventory Reduction Refrigeration 195

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

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 75

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 75

MTS Logistics

JUNE 30, 2023

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

Cost Reduction 98

Cost Reduction Inventory Reduction Waste Reduction Optimal Sourcing 98

Logistics Viewpoints

AUGUST 31, 2023

Automating inventory and replenishment can also help avoid stockouts and missed sales opportunities. How many future parts might I have purchased from this vendor? Mixed-SKUs in Warehouse Slotting Strategies In the second instance, I did motorcycle maintenance and ordered several different things from vendors.

Distribution 118

Distribution Vendor Strategies How To Inventory Reduction 118

Logistics Viewpoints

JUNE 9, 2022

This warehouse runs at a perfect optimum with fixed capital in the form of inventory balanced perfectly with sales and purchasing, and all the items perfectly distributed to the various storage areas of the warehouse. Both predictive and retrospective data analyses are key in making fundamental decisions and defining logistics strategies.

Logistics Network Optimization Software 115

Logistics Network Optimization Software Optimization Software Supply Chain Planning Software Modeling Software 115

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).

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Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 48

Dedola Global Logistics

JANUARY 29, 2025

Getting Through Chinese New Year: Strategies for Importers Chinese New Year is one of the most celebrated holidays in the world, but for importers, its also one of the most challenging times of the year. Heres what you need to know about the next few weeks and how to prepare for the future.

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Inventory Reduction Supply Chains Cost Reduction Scenario Planning 52