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graduate of Cornell University, Catania studied Applied Economics and Political Science, and was a Cornell Tradition Fellow. With its recent acquisition of Orderbot, a distributed order management solution, OneRail is integrating inventory and order management capabilities to enable store-shelf-to-doorstep visibility.
Arka’s API uses AI to auto-replenish packaging inventory for warehouses and 3PLs. By automating the packaging ordering system, companies eliminate packaging inventory shortages, the hassle of inventory counts, and dozens of emails and phone calls.
They integrate AI into demand forecasting, inventory optimization, and logistics operations to improve efficiency, reduce costs, and mitigate risks. A 2023 McKinsey study found that companies relying on reactive supply chain management lose up to 10% of annual revenue due to inefficiencies and missed opportunities.
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?
One essential tool used by the supply chain team is supply chain design. One key tool they use to accomplish this is a supply chain design solution from Coupa. As Schneider Electric matured with the network design tool, they also found they could drive savings through shipment consolidation.
Most supply chain and logistics teams have recognized that the only way to combat todays incredible level of uncertainty is by adopting and applying digital tools. The pace and scope of supply chain disruption are beyond human cognition, manual analysis, and consumer-grade spreadsheet tools.
BlueGrace describes this report as an important tool for measuring expected expansion or contraction within the logistics sector. The report observed that the market remains slightly less optimistic but remains in a holding pattern on inventory levels.
Inventory levels: Current or expected inventory levels at various locations. Inventory turnover: Inventory turns for each SKU. Variable costs: Relating to transportation, labour, and inventory management. Supplier locations: Geographic locations of your suppliers and their lead times.
Inventory was managed through an inflexible system not suited to their complex SKU requirements, making accurate picking and order management a laborious process. This one-click tool provides a turnkey process to manage damage and theft exceptions and improve timely exception handling.
DHL employs predictive analytics to forecast demand and optimize stock levels, allowing the company to reduce inventory costs and meet customer needs. However, the study points out dissatisfaction with outdated technology, which impacts productivity.
Matrices are powerful mathematical tools that play a crucial role in supply chain management. 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.
With the development of the digital wave, Robotic Process Automation (RPA) technology has gradually emerged as an important tool in the international logistics industry. The application of RPA in international logistics covers various aspects from order processing to customer service, from inventory management to transportation management.
Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. Vendor Managed Inventory Model for Supply Chain Cost Reductions. The distributor maintains the inventory plan. What is Reverse Marketing?
The examples below show you how to do this in AIMMS SC Navigator Apps, but we encourage you to study these scenarios in the tools you have at your disposal. . Multiple best/worst case scenarios should be run under different demand conditions to study the impact on your supply chain. Study 2: Inspect Demand Trends .
The Solution: A Centralized Data Warehouse A data warehouse consolidates all business datasales, customer interactions, inventory, marketing and financialsinto a single source of truth. The provider integrated job schedules, inventory levels, and customer feedback into a single system by implementing a centralized data warehouse.
In our previous blog, we explored how matrices enhance supply chain efficiency, from inventory management to logistics. This enables companies to optimize routes, adjust inventory, and predict supply chain disruptions automatically. By using both tools, companies can: Close the Loop Ensure a seamless cycle of rate and cost management.
The following five mini case studies explore a few high-profile companies that have managed to sustain their supply chain cost-reduction efforts and keep expenses under control. The Supply Chain Cost Reduction Challenge: Somehow, Intel had to reduce the supply chain costs for the Atom chip, but had only one area of leverage—inventory.
BlueGrace described this report as an important tool in measuring expected expansion or contraction within the logistics space. And he added that a much-needed boost in sales to clear out some inventory that has been stagnant for most of 2023 is welcomed. For inventories, BlueGrace observed that positive inventory sentiment saw an 11.9%
These tools will become the foundation on which supply chain managers gain insight into their markets and erratic supply and demand trends. Another Statista study indicated that 44% of retailers expect delays and 40% expect inventory shortages given coronavirus disruptions on the supply chain.
Predictive analytics tools enabled by AI are helping organizations optimize inventory management, reduce downtime, and improve demand forecasting. Studies from Harvard Business Review suggest that 70% of M&A deals fail due to cultural misalignment, emphasizing the importance of proactive integration efforts.
By analyzing revenue, inventory levels and orders, shippers can gain a comprehensive understanding of market dynamics and position themselves strategically for success. Inventory optimization. Inventory levels measured highest at neutral.
Q1 optimism seen in BlueGrace Confidence Index Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - December 11, 2023 The recently-released edition of the BlueGrace Logistics Confidence Index issued by Tampa, Fla.-based
We conclude our ongoing series in talking about effective KPI management by giving you a real live Logistics KPIs management case study from Whirlpool's engagement with a logistics service level provider. We hope the following case study shows you the proverbial proof in the pudding of effective Logistics KPIs management. .
based non-asset-based 3PL BlueGrace Logistics, pointed to variation across some key metrics, including revenue, inventory levels, and order levels, with a forward-looking slant. BlueGrace described this report as an important tool in measuring expected expansion or contraction within the logistics space.
The 2024 Third-Party Logistics Study found that 95% of shipper respondents agreed that their relationships are successful and 99% of 3PL respondents agreed that their relationships are successful. The study, which was released Oct. Overall, those relationships are working.
These entities specialize in handling logistics operations, offering a range of services from warehousing and transportation to order fulfillment and inventory management. Logistics operations are inherently susceptible to various risks, including transportation delays, inventory shortages, and disruptions in supply chains.
My colleague Clint Reiser has completed a study on warehouse management system (WMS) boutiques. We are teaming up to bring you the coolest supply chain boutiques, listed alphabetically, that we identified through those studies. I’ve completed research on supply chain planning (SCP) boutiques. What is a boutique?
How to Navigate Your Supply Chain During Market Swings Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - November 21, 2023 Market conditions play a crucial role in shaping challenges professionals face when managing their organization’s supply chains.
Relationships are critical to the overall success of end-to-end supply chains, and the 2025 Annual Third-Party Logistics Study found that 89% of shipper respondents said their relationships are successful, a decrease from 95% in the previous study. Respondents also view AI as a tool to automate repetitive mundane tasks to free up work.
By establishing a B2B e-commerce system, manufacturing companies provide greater flexibility, better inventory management, and decrease the likelihood of human error. In a SYSPRO-led research study 37% of businesses agreed that their business systems lacked those basic planning tools that could adjust to day-to-day changes in the environment.
No-code and low-code tools, also known as application designers, empower non developer end users to build applications and rapidly solve for immediate needs. Studies have shown that 70% of employees with no programming background learned to build applications with a low-code in just one month or less, and 28% learned in two weeks or less.
According to a recent study by Pew Research study, 80% of consumers make online purchases, compared to just 22% in 2000. Big Data as a mainstream tool, for monitoring risks, sources, and competition to develop more resilient supply chain systems, as geopolitical risks to the supply chain seem to be intensifying. . –
Supplier problems will cause a cascade of problems up and down the value stream, leading to supply order delays that cause inventory shortages, production disruptions, missed shipments and lost revenue. The study found that these leaders considered the largest gap to be between supply chain and procurement, citing it as a major issue.
Some studies have indicated that online orders are three times more likely to be returned than in-store purchases. A big part of what FarEye was demonstrating at NRF was is customer experience tool kit, which focuses on visibility and flexibility. As e-commerce continues to grow, so do returns.
Fast forward 5 years, and ARC’s 2019 base-year study estimated the market at $11.9 Inventory Management in a High Inflation Environment ; Clint Reiser. Instead, they are likely to carry higher levels of inventory as a lower cost alternative to minimizing disruptions. Well, I am saying it. Will it take decades? Clint Reiser.
When items purchased cannot be justified using capital outlay or material inventory , the resulting loss of revenue and control is a significant challenge for the organization. By closely studying the market you can identify new vendors to meet your company’s needs, cut costs or operate efficiently.
These tools are helping businesses advance operations, enhance efficiency and drive growth, irrespective of the volatile economic market conditions. This enables 3PLs to optimize inventory levels, reducing the risk of overstocking or understocking, even in uncertain economic times. This speeds up operations and minimizes errors.
Similarly, a 2021 study from McKinsey showed that just 19% of companies that had adopted Industry 4.0 Inventory is another huge headache. But at the same time, if you’ve got excess inventory, that unnecessarily increases costs. Ensuring we had enough, but not too much inventory was always a stressful guessing game.
o Space—holding places for unnecessary inventory. o Inventory—inactive raw, work-in-process, or finished goods. When you create your Sales, Inventory, Operations and Production Plan (SIOP) monthly, or more frequently, invite your top Suppliers and Customers to the SIOP meeting. Inventory velocity and inventory reduction.
Accurate data forecasting requires accurate data, robust data analysis tools, and people who understand how to use them. If you’re not careful, the costs of forecasting can outweigh the potential savings in inventory costs. All of them rely on data, whether you’re using historical data or new findings gathered from consumer research.
A McKinsey study found that 90% of supply chain leaders expected to transform their planning systems. of supply chain professionals found that their number one wish to increase work satisfaction is better, integrated tools. In a recent interview , Senge points to a study of HP, a company well-known for its technological.
And the opening chapter in the book is an actual case study about a team meeting I attended where they would have the inventory “target of the month”. Why are these types of tools important? What companies are currently using these types of Advanced Analytics and Modeling tools? Can you expand on that?
These tools can transform your supply chain, helping you predict inventory needs, automate repetitive tasks, and optimize delivery routes. AI-driven tools are helping businesses minimize errors and make faster, smarter decisions. Use data analytics tools to track costs across your supply chain. Why it matters?
Maybe it’s because the tools are out there to do it now, but I’d like to highlight other approaches that are less time-consuming and resource-hungry. We did it all on spreadsheets in the early days because there were no specialist tools around. Now there are great tools, such as Supply Chain Guru and others. Specialist Tools.
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