Logistics Viewpoints

JULY 30, 2024

But shippers looking to avoid disruptions and ensure that tight inventory levels don’t lead to missed sales opportunities pulled their orders forward. As companies look ahead to the next three to six months, they’re weighing costs, risks, and demand as they plan and adapt their inventory strategies.

Inventory Reduction 139

Inventory Reduction Supply Chain Planning Software Inventory Supply Chain Design Software 139

Cyzerg

OCTOBER 12, 2023

Effective 3PL warehouse management is essential for businesses to meet customer demands, reduce costs, and enhance overall productivity. However, navigating the complexities of handling inventory, order processing, and fulfillment can be challenging. In this blog, we will guide you through the maze of 3PL warehouse management.

Inventory Reduction 195

Inventory Reduction 3PL Cost Reduction Operations 195

The Logistics of Logistics

JANUARY 13, 2023

The Amplio solutions ensure that you have the inventory you need, when you need it, at the most optimized price so that you can focus on what matters most to you and your business. Meet with Amplio @ IPC Apex Expo 2023. Meet with Trey @ Manifest Vegas. Key Takeaways: The Amplio Story. Learn More The Amplio Story.

Manufacturing Procurement 279

Manufacturing Procurement Optimal Sourcing Procurement Solutions Purchasing Skills 279

Logistics Viewpoints

OCTOBER 23, 2024

Each step must be approached methodically to ensure a successful and secure implementation that meets regulatory requirements and enhances operational transparency. The selected technologies must not only meet current needs but also provide scalability and flexibility for future growth.

Resource Reduction 144

Resource Reduction Vendor Strategies Inventory Reduction Supply Chain Planning Software 144

The Logistics of Logistics

MAY 4, 2021

where he led the company’s strategy, innovation, and growth. 3PL Central is the leader in cloud-based warehouse management system (WMS) solutions built to meet the unique needs of the 3PL warehousing community. Prior to joining NetSuite, Lloyd was the CEO of Fluid Inc., Under his leadership, Fluid Inc. About 3PL Central.

Logistics Network Optimization Software 332

Logistics Network Optimization Software Supply Chain Software Inventory Reduction eCommerce 332

SYSPRO Smarter ERP

NOVEMBER 21, 2022

Inventory management is important because it provides a buffer to balance out the uncertainties between demand and supply. However, while it can be viewed positively, holding inventory also creates problems. As an asset on a company’s balance sheet, reduced inventory results in a higher return on assets.

Optimal Sourcing 111

Optimal Sourcing Inventory Reduction Inventory ERP 111

Logistics Viewpoints

AUGUST 1, 2024

In this scenario, by adopting an adaptive supply chain, the retailer uses real-time data analytics to identify emerging trends and collaborate closely with suppliers to quickly adjust production and inventory levels to meet customer demand. This collaboration enables faster response times and cost savings.

Supply Chain Design Software 165

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Scenario Planning 165

Logistics Viewpoints

DECEMBER 18, 2024

The logistics and supply chain industry is a critical component of global trade, responsible for moving goods and materials efficiently to meet consumer and business demands. Reducing dependency on fossil fuels can mitigate these risks and improve operational predictability.

Supply Chain Design Software 119

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Software 119

Logistics Viewpoints

AUGUST 9, 2022

For months, retailers have been stockpiling massive amounts of goods to meet surging consumer demand, and compensate for ongoing supply and logistics issues. Inventory management is challenging enough in normal times. So, what is it going to take to enable better inventory management? Complete visibility into inventory.

Inventory Reduction 145

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Inventory 145

SYSPRO Smarter ERP

DECEMBER 13, 2021

Inventory management was moving towards a just-in-time approach until the supply disruptions of the last year. Whatever inventory management methodology is chosen, the realization that supply chains are vulnerable will require a re-assessment of practices and KPIs in order to keep goods flowing in a predictable and manageable way.

Inventory Reduction 122

Inventory Reduction Inventory Sourcing Strategies Supply Chain Planning Software 122

Logistics Viewpoints

OCTOBER 30, 2023

Scenarios are run, and the low-cost network that best meets customer service objectives is selected. For this project, Solvoyo consultants built a network design model and ran more than 120 scenarios to refine the customer service and inventory mix strategy. These were the easy savings.

Supply Chain Design 157

Supply Chain Design Cost Reduction Vendor Strategies Inventory Reduction 157

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 122

Inventory Reduction Inventory Optimization Modeling Optimization Software 122

Stord

MAY 8, 2024

Deploying Modern E-Commerce Strategies Leveraging modern e-commerce strategies like pre-orders, influencer marketing, order consolidation (combining multiple orders into a single shipment), bundles, and upsells is currently a major operational and technical challenge for most DTC brands.

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 Viewpoints

JUNE 29, 2023

Configure to Order: This strategy involves customizing standard products based on customer specifications. PO Collaboration is essential in coordinating with suppliers to ensure timely delivery of customized components and managing production schedules to meet customer requirements.

Manufacturing Procurement 124

Manufacturing Procurement Procurement Analytics Inventory Reduction Material Savings 124

Logistics Viewpoints

JUNE 1, 2021

Promotion Management is defined as optimizing the utilization of tools, strategies, and resources to promote a product that will generate additional demand. Why should we consider Promotion Planning in Inventory Management? Whether it be e-commerce, brick-and-mortar, or both, retail companies care about the inventory they keep.

Supply Chain Planning Software 125

Supply Chain Planning Software Inventory Reduction Optimal Sourcing Inventory 125

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 100

Inventory Reduction eCommerce Inventory Procurement Solutions 100

Logistics Bureau

DECEMBER 7, 2024

Is it a good idea to reduce working capital in a supply chain? Current assets include inventory and accounts receivable, i.e. payments you are waiting to receive, notably from your customers. A ratio of more than 2 may be a sign that inventory is increasing too much or that the company is slow in collecting payments.

Material Savings 73

Material Savings Inventory Reduction Cost Reduction Vendor Strategies 73

The Logistics of Logistics

MARCH 16, 2022

Esther is the Chief Revenue Officer at Flowspace , an ecommerce fulfillment platform that helps brands meet their customers’ post-purchase expectations. Flowspace is an ecommerce fulfillment platform that helps brands meet their customers’ post-purchase expectations. About Esther Kestenbaum Prozan.

Supply Chain Planning Software 288

Supply Chain Planning Software Network Optimization Software Logistics Network Optimization Software Optimization Software 288

Logistics Viewpoints

SEPTEMBER 14, 2023

Businesses’ top concerns include meeting customer demands, optimizing capacity to navigate volatility, meeting sustainability goals and finding skilled labor. How can businesses ensure they remain competitive in such a market while facing constant pressure to improve efficiency, reduce lead times and cut costs?

Supply Chain Planning Software 168

Supply Chain Planning Software Material Savings Scenario Planning Inventory Reduction 168

Logistics Bureau

DECEMBER 13, 2024

Supply chain cost reduction is not something to be tackled as a project. In the meantime the supply chain continues to change and evolve, which potentially means that without vigilant monitoring, costs continue to creep upwards, making the next cost-reduction project more challenging than the last. Guesswork will not do.

Cost Reduction 65

Cost Reduction Waste Reduction Material Savings Inventory Reduction 65

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

Our three pillars (or fundamentals) of great supply chain management excellence are strategy, service, and cost. Aligning strategy, service, and financial factors in your supply chain operation is essential to support your company’s overall business strategy , mission, and objectives. The Importance of Alignment.

Inventory Reduction 117

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 117

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

Logistics Viewpoints

MARCH 21, 2024

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. That means planning, inventory, and order management must be very closely aligned and optimized.

Supply Chain Planning Software 146

Supply Chain Planning Software Optimization Software Supply Chain Software Inventory Reduction 146

Amware Logistics and Fulfillment

DECEMBER 20, 2024

From anticipating demand fluctuations to optimizing inventory placement , AI enables supply chain managers to make smarter decisions, improve efficiency, and reduce costsall while meeting the growing expectations of todays consumers.

Supply Chain Software 156

Supply Chain Software Supply Chains Optimization Software Inventory Reduction 156

Blue Grace Logistics

JUNE 27, 2024

Companies across various industries are constantly seeking ways to streamline their operations, reduce costs, and enhance customer satisfaction. One strategy gaining increasing popularity is partnering with third-party logistics providers, commonly known as 3PL partners.

Inventory Reduction 106

Inventory Reduction Resource Reduction Cost Reduction Expense Reduction 106

SYSPRO Smarter ERP

AUGUST 17, 2022

Manufacturers and distributors can optimize their inventory management using some of the latest emerging technologies, including machine learning, data analytics, artificial intelligence, and cloud computing. Using proven inventory management processes, supply chain design, and planning helps optimize your stock.

Optimal Sourcing 105

Optimal Sourcing Optimization Software ERP Inventory Reduction 105

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

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 175

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 175

Logistics Viewpoints

NOVEMBER 4, 2021

High e-commerce shopping rates combined with construction delays are causing a strain in the supply of new warehouse space, especially as companies shift their inventory management strategies from just- in-time (JIT) inventory management to larger safety stocks for better responsiveness.

Inventory Reduction 132

Inventory Reduction Supply Chain Software Modeling Software Supply Chains 132

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. What Are The Challenges? Leveraging government incentives and grants aimed at promoting Industry 4.0

Supply Chain Planning Software 158

Supply Chain Planning Software Warehousing Supply Chain Software Optimization Software 158

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. But how exactly does real-time inventory tracking impact your bottom line?

Inventory Reduction 62

Inventory Reduction Optimal Sourcing Inventory Cost Reduction 62

Logistics Viewpoints

SEPTEMBER 11, 2024

The ability to quickly and accurately transfer information reduces downtime, improves delivery accuracy, and enhances route planning. This connectivity helps optimize routes, reduce delays, and enhance delivery accuracy. These innovations are streamlining logistics operations, reducing costs, and setting new standards for efficiency.

Supply Chain Planning Software 159

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimization Software 159

SYSPRO Smarter ERP

AUGUST 1, 2022

For example, in a bakery business, using the right tool with the BOM, the overall capacity of the oven and fridges could be monitored, and improvements as to how best to use ability could be suggested to reduce electricity costs, capacity constraints and workforce. Here’s how BOM can help you manage your inventory.

Optimal Sourcing 111

Optimal Sourcing Manufacturing Procurement Material Savings Inventory Reduction 111

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 128

Price Reduction Cost Reduction Inventory Reduction Capacity 128

Ship Monk

NOVEMBER 8, 2022

“Inventory” is a tricky word because it means different things to different people. If you are an inventory manager, inventory is the number of units you have on hand at any given time. If you are an accountant, inventory is an asset on a balance sheet tracked by its monetary value. Inventory Types for Manufacturers.

Inventory Reduction 98

Inventory Reduction eCommerce Inventory Manufacturing Procurement 98