GlobalTranz

JUNE 19, 2018

These rates will have natural implications for smaller shippers seeking to lower overall transportation and freight spend, and paired with a “blurred lines between peak shipping and shopping seasons,” shippers will experience increasing trouble when trying to procure full truckload capacity. Fortunately, a solution exists.

Procurement Solutions 70

Procurement Solutions Procurement Analytics Procurement Capacity 70

SYSPRO Smarter ERP

JANUARY 12, 2022

Procurement in manufacturing companies is often not done correctly. With direct and indirect materials making up at least 50% of typical manufacturing costs, the procurement function could be re-imagined so companies can be more responsive to customer demands and more agile when dealing with supply chain challenges.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Supply Chain Planning Software 105

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. Here is a list of challenges and solutions for manufacturers to remain resilient and maintain growth momentum. We live in a time where we can purchase almost anything with a click of a button.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Inventory Reduction 111

GlobalTranz

NOVEMBER 17, 2016

Supply chain leaders are enthralled with the idea of using big data, but they tend to fail to understand how to disseminate big data in their organization properly. True, they may know how to roll out big data in a single warehouse, or they may have heard their competitors used branded systems for implementing this new technology.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Software Procurement Solutions Supply Chain Design 115

CH Robinson Logistics

JULY 13, 2022

The short answer is “yes,” as long as you have a segmented freight portfolio strategy for both the contract market and the spot market. Every business has a responsibility to develop strategies that take advantage of the best market price and service. As you build your strategy, confirm the spot market capacity for specific areas.

Price Reduction 90

Price Reduction Cost Reduction Strategy Purchasing Skills 90

Logistics Bureau

DECEMBER 24, 2024

Reduction in asset capital.Warehouses and vehicles are expensive to purchase or lease and can tieupmillions of dollars that could otherwise be invested in the core business of the firm. Amazingly, many companies have suffered after outsourcing decisions were made at an operational level, without due regard to the boards supply chain strategy.

Outsourcing 52

Outsourcing Warehousing Negotiating Skills Purchasing Skills 52

WorkWave

JUNE 17, 2024

Generating more leads is a key strategy for increasing revenue, expanding market reach, and establishing a strong reputation in the industry. Digital marketing has emerged as an essential strategy to effectively promote products and services online. Email marketing is an effective pest control lead generation strategy.

Optimal Sourcing 96

Optimal Sourcing Sourcing Strategies Resource Reduction Optimization Software 96

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. But most businesses will benefit from software such as Atrius , or Sustain.Life , that automates and tracks these calculations based on your input, such as your utility bills.

Waste Reduction 104

Waste Reduction Inventory Reduction Resource Reduction Cost Reduction 104

3PL Links

NOVEMBER 26, 2024

Let’s explore how operations change and, most importantly, the benefits they can bring and, most importantly, the benefits they can get to your business. You’ve come to the right place if you’ve been wondering how to integrate modern technology into your business and what tools you’ll need.

Supply Chain Software 62

Supply Chain Software Logistics Network Optimization Software Optimization Software Supply Chain Planning Software 62

FreightWaves SONAR

MARCH 15, 2021

Supply chain professionals responsible for transportation procurement at Fortune 500 companies focus on three things – budget forecast accuracy, service scores and primary tender acceptance. harder to procure capacity at the benchmark rate per mile ) in both the outbound and inbound directions.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

ShipLilly

JUNE 28, 2021

Thankfully some strategies can be used to mitigate the cost. Companies have made it easier for customers to return products to maintain a competitive edge over other companies but as a result, nearly half of the products that are purchased are sent back to their suppliers, and returns have increased dramatically.

Vendor Strategies 98

Vendor Strategies Cost Reduction Expense Reduction Inventory Reduction 98

EazyStock

NOVEMBER 19, 2020

But when looking at the bigger picture the ‘best-price’ is not always the most cost-effective way to procure a product. A smart stock replenishment strategist will understand supply and demand nuances around the items being ordered and consider factors such as: Lead times – how quickly is the order needed? optimizing inventory levels.

Replenishment 98

Replenishment Optimal Sourcing Inventory Reduction Supply Chain Planning Software 98

SYSPRO Smarter ERP

AUGUST 28, 2024

Selecting the right ERP software for manufacturers is critical Choosing the right ERP software for manufacturers to meet specific requirements is no easy task. Selecting the optimal ERP solution Manufacturers will not reap benefits from a generic, one-size-fits-all ERP system.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Optimization Software 52

Ship Monk

SEPTEMBER 14, 2022

By value , we mean how much that inventory cost to make or purchase, plus how much it’s costing you to store it. How to Calculate Beginning Inventory. Ending Inventory + COGS – Purchases = Beginning Inventory. Beginning Inventory + Purchases – COGS = Ending Inventory. however often you’re counting inventory.

Inventory Reduction 98

Inventory Reduction Inventory Purchasing Skills Manufacturing Procurement 98

GlobalTranz

OCTOBER 5, 2018

An omnichannel retail strategy is the new norm in today’s supply chains. The days of managing channels on an individual basis are over, and consumers are using multiple devices and e-commerce platforms for nearly all purchases. In fact, 78% of U.S. GET YOUR COPY HERE. Download White Paper.

Modeling Software 78

Modeling Software Sourcing Strategies Cost Reduction Supply Chain Planning Software 78

Logistics Viewpoints

AUGUST 31, 2023

Today’s article comes from Kyle Franklin, Senior Solutions Consultant, Lucas Systems, and looks at warehouse distribution errors. And I had some specific thoughts on how they could fix the problem. Please follow along with me as I share the stories and solutions in part 1 of this two part blog series.

Distribution 120

Distribution Vendor Strategies How To Inventory Reduction 120

Logistics Business Magazine

OCTOBER 2, 2024

Selecting the right logistics software is crucial for optimising supply chain operations, but the process goes beyond just issuing an RFI or RFP. Watch our logistics software webinar , entitled ‘Logistics Software: Beyond the RFI & the RFP. Are you planning to buy new logistics software in the next 12 months?

Logistics Network Optimization Software 49

Logistics Network Optimization Software Procurement Solutions Supply Chain Planning Software Supply Chain Software 49

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Why Choose a Job in the Supply Chain Industry?

Supply Chain Planning Software 98

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

Logistics Viewpoints

MARCH 8, 2021

When companies implement enterprise software solutions, they often label that implementation as being part of their company’s digital transformation. But implementing new software does not digitally transform anything if the people that are supposed to use that software cannot do so effectively.

Supply Chain Design Software 127

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Supply Chain Software 127

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. Kevin Nelson, a chief procurement officer and senior vice president at BD, agreed to be interviewed on this topic. BD, was using a supply chain risk management solution. But I was skeptical.

Supply Chain Software 104

Supply Chain Software Supply Chains Optimal Sourcing Procurement Solutions 104

Logistics Bureau

AUGUST 7, 2023

In this article, we’ll look at some of those challenges and explore potential solutions to help you and your IM team meet the burgeoning demand for fast and accurate order fulfilment. So how to minimise the impact of returns on your inventory levels and costs?

Inventory Reduction 98

Inventory Reduction eCommerce Inventory Procurement Solutions 98

Ship Monk

SEPTEMBER 14, 2023

They’re researching before they purchase, and they’re purchasing wherever and whenever they see something they like. 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? What is a Multichannel Sales Strategy?

Inventory Reduction 64

Inventory Reduction Price Reduction Cost Reduction eCommerce 64

GoShip Blog

JULY 28, 2022

Research shows that 25% of customers return between 5% and 15% of items they purchase online. A returns management solution helps you handle the returned items effectively to satisfy your ecommerce customers without hurting your profit margin. . Challenges of returns and how an RMS can help overcome them .

Procurement Solutions 52

Procurement Solutions eCommerce Cost Reduction Vendor Strategies 52

Ship Monk

AUGUST 5, 2020

When a customer clicks on either button, they are purchasing from one seller and one seller only. While there are a few different factors that go into securing the Buy Box — such as product price and customer feedback — your fulfillment strategy is a top consideration for the algorithm. FBM (Fulfilled by Merchant).

How To 87

How To Inventory Reduction Price Reduction Purchasing Skills 87

Ship Monk

AUGUST 12, 2020

If your product page has been holding you back, then these (relatively) quick fixes could be the solution you’ve been looking for. Scrolling for your next purchase is all about making split-second decisions, and the way a product is visually presented plays a huge role in that. If not, it may be time to rethink your strategy.

Production 87

Production How To Procurement Solutions Presentation 87

GoShip Blog

JULY 15, 2022

Although order fulfillment strategies may differ across businesses, a typical fulfillment strategy involves the following processes: Receiving inventory Inventory storage Order processing Picking and packaging Delivery Processing returns. You can also find and retain new customers by using customer relationship management (CRM) tools.

Inventory Reduction 52

Inventory Reduction Cost Reduction Modeling Software Ordering 52

Locus

JUNE 16, 2023

Say you purchase your coveted gadget online, eagerly tracking its journey from warehouse to your welcoming hands. Read also: How to Calculate the Cost of Transport 2. In 2021, a wide range of major product categories saw online purchase returns, with rates varying from 8% to 88%.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

The industrial equipment and machinery (IM&E) industry needs to start looking at solutions that will handle change in key elements of the supply chain, production operations, and shipment activities without being disrupted. The adoption of digital strategies is a major feature of new strategies that manufacturers are planning.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software ERP Manufacturing Procurement 115

GlobalTranz

JANUARY 15, 2019

What’s more, click and collect often results in an improved average order value as 49% of consumers are likely to make impulse purchases upon collection of their online order. Looking for E-Commerce Solutions for LTL, Parcel, & FT for Your Shopping Cart? Get E-Commerce solutions. LEARN MORE.

How To 72

How To Cost Reduction Procurement Solutions Purchasing Skills 72

Logistics Bureau

OCTOBER 10, 2022

The good news is that they are all problems with solutions, and that every supply chain can be improved through inventory optimisation. No inventory optimisation solution comes without tradeoffs. Indeed, in some cases, that might be a realistic solution, but more on that in a moment. 3: Supplier Lead Time.

Inventory Reduction 105

Inventory Reduction Inventory Optimization Modeling Optimization Software 105

Logistics Viewpoints

JUNE 13, 2024

One of the most recent, “ The Goal ,” by Eliyahu Goldratt and Jeff Cox, suggested by our CEO, really got me thinking about the book’s centering theme, the Theory of Constraints, it’s applicability to my area of expertise, software development, and how it can also be applied to processes in the warehouse.

Optimization Software 128

Optimization Software Optimization Modeling Optimization Modeling Software 128

Logistics Bureau

JUNE 5, 2023

But do you know how to operate your fleet for the maximum economy? How to Reduce Truck-Related Costs Trucks and vans are not cheap to run, so if you can save even a little on the cost of operating each vehicle in your fleet, those savings can mount up to a lot—and the more extensive your truck fleet, the more you can save.

Cost Reduction 91

Cost Reduction Purchasing Skills Price Reduction Waste Reduction 91

Material Handling and Logistics

AUGUST 31, 2018

The solutions to supply chain problems boil down to the right combination of three factors—technology, data and processes. They feel there are so many factors to consider, so therefore the solution must be as equally complex. Here’s how that would be applied to three of the top supply chain problems. That’s not true.

Supply Chain Design Software 145

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 145

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

EazyStock

MARCH 17, 2021

In this piece, we’ll take a look at some of the top types of supply chain disruptions, the impacts that they have on your supply chain, how to mitigate whatever risk you can and finally how you can handle supply chain disruptions once they occur and come out on top. Types of Supply Chain Disruptions. Emergency Backup Plan.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 78

GlobalTranz

SEPTEMBER 11, 2018

Shippers that fail to consider the implications of returns by refusing to give customers information about returns costs and procedures before purchase could risk alienating up to 67 percent of shoppers. In addition, shippers may lack the resources necessary to push operations beyond availability and reliability of procurement.

Supply Chain Planning Software 80

Supply Chain Planning Software Logistics Network Optimization Software Resource Reduction Procurement Solutions 80

Locus

OCTOBER 7, 2022

Technology solutions for last-mile fulfillment have emerged as the quickest, most practical way to meet these steep consumer demands. However, should a business invest their capital in building and maintaining their solution from scratch, or simply purchase an off-the-shelf solution? How does that bring value to you?

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Solutions Eliminating Excel in Purchasing Supply Chain Software 52