Logistics Viewpoints

NOVEMBER 19, 2024

Given the many aspects of retail operations outside a business’ control—from supply chain disruptions and labor shortages to inflation and interest rates impacting both operational costs and customer behavior—the fulfillment challenge this peak holiday season is acute.

Cost Reduction 102

Cost Reduction Resource Reduction Price Reduction Vendor Strategies 102

Material Handling and Logistics

OCTOBER 30, 2018

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. In a recent Forrester study, they found the problem to be poor quality data. Master Innovation.

Optimal Sourcing 166

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 166

Logistics Bureau

NOVEMBER 6, 2023

Recent studies have shown that among the challenges frustrating warehouse and distribution centre managers this year, rising energy and labour costs are two of the most often cited. We hope the tips and ideas in this article will help you make inroads into warehouse energy and labour cost reduction.

Cost Reduction 116

Cost Reduction Purchasing Skills Waste Reduction Material Savings 116

Logistics Bureau

NOVEMBER 14, 2018

Even if you simplify your product range and your upstream suppliers, you still have to deal with the ramifications of diverse customers, their expectations, their location and the logistics needed to meet their requirements. How Much Does It “Cost to Serve” Your Customer? It costs you a certain amount to make a product.

Purchasing Skills 99

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 99

GlobalTranz

JANUARY 21, 2015

As a supply chain director, manager, or boss of a multinational corporation, where the supply chain is an integral part of your business, supply chain cost reductions are always at the forefront of your team’s mind. Vendor Managed Inventory Model for Supply Chain Cost Reductions. Complete one-on-one meetings.

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Supply chain planning involves interaction with different types of information based on internal and external data sources. These data sources are often spread across multiple platforms and come in various formats.

Supply Chain Planning Software 164

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 164

Locus

JUNE 16, 2023

Say you purchase your coveted gadget online, eagerly tracking its journey from warehouse to your welcoming hands. Customer satisfaction and keeping costs in check rests on optimal last-mile delivery operations. Naturally, the costs of meeting such expectations, especially on the delivery front are also increasing.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

SYSPRO Smarter ERP

MAY 30, 2022

As manufacturers strive to reduce costs while increasing speed, the process of procuring materials, making products, and moving them where they need to be is more complex than ever. Despite this, only 33% of businesses invested in procurement and sourcing technologies. Using ERP to improve purchasing transparency.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 105

Logistics Viewpoints

MARCH 1, 2021

. – explained that when conducting manufacturing volume forecasts for budget purposes, the company would look at demand, production capacity, product specifications, seasonality, asset location, costs/duties and new product introduction amongst other criteria to satisfy regional volume demands. We appreciated River Logic’s capabilities.”

Supply Chain Design Software 119

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 119

Logistics Viewpoints

APRIL 14, 2022

The study found that these leaders considered the largest gap to be between supply chain and procurement, citing it as a major issue. Such a gap is problematic, as it could lead to higher costs, longer cycle times and less resilience. Organizations need to consider several factors for collaboration to be effective.

Supply Chain Planning Software 139

Supply Chain Planning Software Supply Chain Software Collaboration Supply Chains 139

SYSPRO Smarter ERP

MAY 30, 2022

As manufacturers strive to reduce costs while increasing speed, the process of procuring materials, making products, and moving them where they need to be is more complex than ever. Despite this, only 33% of businesses invested in procurement and sourcing technologies. Using ERP to improve purchasing transparency.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 98

GlobalTranz

OCTOBER 29, 2015

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. .

Case Study 93

Case Study Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 93

Stord

JANUARY 26, 2024

With Stord’s Consumer Experience capabilities, brands can offer a magical experience for their consumers, accelerating online sales and simplifying the purchase process from storefront consideration through product delivery. Other research indicates shoppers are more focused on specific delivery dates rather than simply ‘shipping speed.’

Procurement Solutions 60

Procurement Solutions Supply Chain Design Software Optimization Software Purchasing Skills 60

Logistics Viewpoints

JUNE 14, 2023

Home delivery and sustainability are two topics that I have written about quite a bit in the last few years, and Descartes just released its home delivery sustainability consumer sentiment study, so the timing seemed perfect. By doing the study for multiple years, you can start to see trends emerging.

Study 132

Study Logistics Network Optimization Software Purchasing Skills Supply Chains 132

Logistics Viewpoints

FEBRUARY 28, 2023

Of course, the key to inventory is having the right amount in the right location at the right time to meet customer demand, or face overstocks, high holding costs and eventual markdowns—or alternatively, overpromising, stockouts and lost sales. So how can an Order Management System (OMS) give you an upper hand in the market?

Optimal Sourcing 130

Optimal Sourcing Inventory Reduction Sourcing Strategies Vendor Strategies 130

Material Handling and Logistics

JULY 29, 2018

Retailers such as Walmart have rigorous standards and will only purchase from suppliers who meet these standards. And customers, many of whom are Millennials, want to know the sourcing of the products they buy and will make decisions based on a company’s sustainability record. Reducing energy costs often reduces GHG emission.

Sourcing Strategies 133

Sourcing Strategies Cost Reduction Price Reduction Material Savings 133

Logistics Viewpoints

AUGUST 3, 2023

In many cases microgrids are now bankable investments due to high power costs, low renewable and battery costs, and the value of improving power resilience. The main utility may also benefit by buying non-carbon emitting power, which can help the utility meet portfolio requirements. The cost of grid power has been increasing.

Purchasing Skills 116

Purchasing Skills Cost Reduction Manufacturing Procurement Price Reduction 116

Logistics Viewpoints

DECEMBER 1, 2022

The only bright note is that shipping costs will be a fraction of what they were over the last several years. Source: Descartes Datamyne. 2023 call: Consumers will focus on home delivery performance and retailers will focus on home delivery cost reduction or recovery. Figure 1: U.S. That’s pretty abysmal.

Cost Reduction 134

Cost Reduction Resource Reduction Supply Chain Planning Software Logistics Network Optimization Software 134

Ship Monk

DECEMBER 13, 2024

So, how does any online brand absorb those free shipping costs without decimating their profit margins? In a 2023 poll, 62% of shoppers said they wouldn’t consider purchasing from a retailer that doesnt offer free shipping; 35% said they prefer free shipping, but it wasnt a deal breaker. purchase threshold, to get the perk.

Negotiating Skills 59

Negotiating Skills Purchasing Skills Buyer Training Price Reduction 59

Logistics Bureau

JANUARY 9, 2019

Again then, it’s not difficult to see how the financial health of a business depends on that of the supply chain, or how probable it is that supply chain costs feature strongly in the demise of many companies that become insolvent. Mini Case Study: Walmart. Built strategic partnerships with vendors to drive down prices.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 118

Logistics Bureau

JUNE 5, 2023

If your company operates a distribution fleet, you’ll know that the costs of running trucks for customer deliveries are continually increasing. In this post, we’re sharing our top tips for cost reduction in each of these three areas, so let’s get to it, beginning with truck expenditure. It’s a fair question.

Cost Reduction 82

Cost Reduction Purchasing Skills Price Reduction Waste Reduction 82

Logistics Bureau

JANUARY 7, 2020

Companies with global supply chains—a category which includes a fast-growing number of corporations, medium-sized companies, and even small businesses—can be standing on a cost base of which 90% is attributable to supply chain expenditure. . Mini Case Study: Walmart. Built strategic partnerships with vendors to drive down prices.

Supply Chain Design Software 131

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 131

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. Mr. Sorenson has studied integrated business planning for many years. Too often overhead costs are allocated using broad averages, rather than doing so in a more targeted manner.

Supply Chain Planning Software 157

Supply Chain Planning Software Supply Chain Transformation Scenario Planning Supply Chain Software 157

Talking Logistics

MARCH 26, 2019

As the evolution of retail and the way consumers purchase goods continues to change, meeting the challenge to effectively serve both consumers and retailers is a strategic challenge for both shippers and carriers. Two-day shipping has become the norm; consumers expect fast, free shipping for their purchases once they place an order.

Vendor Strategies 85

Vendor Strategies Resource Reduction Cost Reduction Price Reduction 85

WorkWave

FEBRUARY 9, 2024

One effective strategy that’s been gaining traction is price bundling. Also known as packaged pricing, this strategy involves bundling various services together and charging one price. Bundled services are usually cheaper than if customers were to purchase each service individually. Why Does Bundle Pricing Really Work?

Price Reduction 52

Price Reduction Purchasing Skills Tips Procurement Solutions 52

Logistics Viewpoints

NOVEMBER 18, 2021

Expectations for short delivery times, 100% fulfillment accuracy, and large product selection and availability have become a key deciding factor on which customers make their purchase decisions. The time spent navigating a warehouse can account for more than 30% of the total cost of labor. Five fast start opportunities for AI.

Optimization Software 169

Optimization Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 169

CH Robinson Logistics

JULY 13, 2022

Our academic research continues to show that contracted freight in a hierarchical route guide provides great service and price. Every business has a responsibility to develop strategies that take advantage of the best market price and service. However, it also shows that some freight does not do well in a committed route guide.

Price Reduction 90

Price Reduction Cost Reduction Strategy Purchasing Skills 90

SYSPRO Smarter ERP

NOVEMBER 1, 2021

We live in a time where we can purchase almost anything with a click of a button. 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. Transitioning to B2B e-Commerce. Maintaining competitive advantage.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Inventory Reduction 111

GlobalTranz

DECEMBER 18, 2014

All metal fabricators realize that they have to do some analyses before the company purchases equipmen t or hires new people, but now there seems to be a new intensity about the process. Fabricators now are trying to be fast enough to meet any and all customer needs whenever they crop up. The keyword here is fast.

Manufacturing Procurement 94

Manufacturing Procurement Tips Purchasing Skills Sourcing Strategies 94

Ship Monk

JULY 5, 2022

Studies show that more than 70% of fulfillment warehouses that use AMRs have reached double-digit improvements, which leads to immense growth for eCommerce merchants. In a recent whitepaper ABI Research asserted that AMR purchases are predicted to increase 65% in 2022. This is only the beginning. Locus Robotics. Do the Robot.

Supply Chain Software 111

Supply Chain Software Supply Chain Design Software Optimization Software 3PL 111

Logistics Viewpoints

MAY 3, 2022

But it’s important to remember that while customers want their purchases fast, sometimes even the next day, many care about the environmental impact of that delivery as well. An IBM study found that 57% of consumers are willing to change their shopping habits to protect the environment. Rethink Partnerships.

Supply Chain Design Software 129

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 129

Logistics Viewpoints

SEPTEMBER 18, 2024

The aim of this study is to understand ho w well these companies are fulfilling the need for increased sustainability in the chemical industry. More than twenty companies were analyzed. Three are the leaders in the market as they cover most of the challenges facing chemical companies to achieve their decarbonization objectives.

Supply Chain Planning Software 102

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Modeling Software 102

Material Handling and Logistics

JANUARY 10, 2018

According to a recent study by Pew Research study, 80% of consumers make online purchases, compared to just 22% in 2000. As cloud and SaaS continue to grow, companies will look toward their ERP to enable process improvements to meet today’s challenges. Kristi Montgomery, VP of innovation, Kenco. The Future of ERP.

Supply Chain Design Software 144

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 144

The Lean Thinker

DECEMBER 9, 2022

The study I am citing here was commissioned to determine why. Success of the three shift cycle depended on each shift meeting a rigid schedule, but that schedule did not account for the simple fact that coal seams are not uniform. Productivity plummeted. Oversimplification or not, however, the effect was stark. Bring People Together.

Modeling Software 259

Modeling Software Optimization Software Expense Reduction ERP 259

GlobalTranz

MAY 6, 2015

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. Any and all members of the lean supply chain should use these tools to solve problems and reduce costs to increase value to the customer. Create a Level Flow/Level Load.

Supply Chain Planning Software 127

Supply Chain Planning Software Waste Reduction Inventory Reduction Supply Chain Software 127

Trinity Logistics

NOVEMBER 11, 2022

Many of today’s manufacturing trends are in line with the industry’s goals to improve processes, create more efficiency, and meet consumer demand. As technology changes this industry, employees need different skills for their roles. Manufacturing companies can become carbon neutral by purchasing carbon offsets.

Manufacturing Procurement 99

Manufacturing Procurement Trends Supply Chain Software Industry 99

Logistics Bureau

DECEMBER 9, 2019

Instead, it continues, to include the entire lifecycle of a product, from sourcing of raw materials, to the return and recycling of the product, and reintroduction of recycled materials into the manufacturing or production process. In short, the supply chain is no longer linear, but circular. The Challenges of SME Internationalisation.

Supply Chain Software 128

Supply Chain Software Logistics Network Optimization Software Supply Chains Trends 128