This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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.
Do you know that 46% of warehouses face problems in inventory management due to human error? Poor inventory management is one of the common issues that causes a business to lose its profits. This can be fulfilled by following the right inventory policies. How Does It Help in Demand Planning and Inventory Optimization?
3 min read Up to 15% cost savings and boosted service levels with data-driven inventory management tailored to users’ unique demand patterns. Log-hub is expanding its portfolio with the new Inventory Optimization App , a powerful tool designed to streamline inventory management while reducing costs. Who benefits most?
3 min read Log-hub launches Supply Chain Analytics Pulse, a completely free-of-charge channel designed to empower supply chain professionals with cutting-edge knowledge and strategies. Implement strategies used by market leaders. More resources are waiting for you in our Knowledgebase. What Makes It Unique?
In this blog, we’ll explore how they are used in various aspects of the supply chain, including transportation, inventory management, demand forecasting, and network optimization. In supply chain management, it can represent complex data sets, such as transportation costs, inventory levels, and supplier relationships.
Optimizing the supply chain in this sector is crucial for enhancing efficiency, reducing costs, and maintaining competitive advantage. Recent data underscores the significant improvements that companies have achieved through these strategies. Streamlined supply chain processes can lead to significant cost savings.
In our previous blog, we explored how matrices enhance supply chain efficiency, from inventory management to logistics. By leveraging these technologies, businesses can optimize operations, reduce costs, and make smarter, data-driven decisions. This reduces last-minute disruptions and improves overall supply chain resilience.
3 min read Supply chain optimization is crucial for businesses to enhance efficiency, reduce costs, and improve customer satisfaction. By leveraging technology, data analytics, and innovative strategies, companies can streamline their supply chains and achieve significant improvements.
By anticipating market shifts and providing accurate forecasts, the app helps businesses stay ahead of the curve and adjust strategies quickly to meet evolving customer needs. Seamlessly integrating with Log-hub’s Inventory Optimization App, the Demand Forecasting App creates a cohesive supply chain management solution. STILL CURIOUS?
takes this a step further by enabling users to integrate pre-created freight matrices directly into Excel from the Log-hub platform, eliminating manual data entry and saving time for frequent shipment cost assessments. This feature provided valuable insights, enabling users to come up with inventorystrategies and precise prioritization.
takes this a step further by enabling users to integrate pre-created freight matrices directly into Excel from the Log-hub platform, eliminating manual data entry and saving time for frequent shipment cost assessments. This feature provided valuable insights, enabling users to come up with inventorystrategies and precise prioritization.
Understanding these differences in supply chain strategies is crucial for businesses as they prepare for this year’s shopping season. retailers reported supply chain delays in 2023 , leading to challenges in managing inventory and meeting consumer demand. According to the National Retail Federation (NRF), 75% of U.S.
Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. The ABCD Analysis entails categorizing products based on their net sales and subsequently measuring the inventory value for each category.
Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. The ABCD Analysis entails categorizing products based on their net sales and subsequently measuring the inventory value for each category.
Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. The ABCD Analysis entails categorizing products based on their net sales and subsequently measuring the inventory value for each category.
Shift from Just-in-Time to Just-in-Case Many businesses have adapting their inventorystrategies. Businesses are under increasing pressure to reduce their environmental impact while meeting the demands of environmentally conscious consumers. More resources are waiting for you in our Knowledgebase. STILL CURIOUS?
Instead, a quick scan of a barcode label or asset inventory ID tag streamlines the data collection process, making all available information relevant to an asset immediately available company-wide with the use of cloud-based asset tracking system. But these innovations don’t always come easily.
Analysing these heat maps reveals patterns and trends in customer distribution, which can influence strategic decisions on warehouse placement, distribution routes, and inventorystrategies. More resources are waiting for you in our Knowledgebase. STILL CURIOUS? Explore WANT TO TALK TO US?
Companies set an objective to align with eco-friendly principles to reduce carbon footprints, minimize waste, and champion ethical sourcing. Organizations are working on reducing their carbon footprints by optimizing logistics through green practices and adopting alternative energy sources. STILL CURIOUS? Explore WANT TO LEARN MORE?
We spoke with Mr. Brett Turner, Vice President Supply Chain Management at DKSH (Thailand) to learn more about the strategy behind FMCG transportation and distribution in the ASEAN region and he also shared with us his vision focusing on future development of Thailand through this business. Recruiting locally also improves our knowledgebase.
A big part of what companies need to do when building a future strategy is to look out into the future and say, “These are the things that we think we want to do and be five years from now”. Having a platform where suppliers can see the demand and can update their commits will reduce surprises and improve service levels.
We organize all of the trending information in your field so you don't have to. Join 84,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content