Logistics Viewpoints

SEPTEMBER 16, 2021

With peak shipping season approaching, companies continue to face supply chain risk as the pressure increases to meet customer and delivery expectations without adding cost. Poor granularity means shippers do not know where to prioritize their fulfillment strategies, and that may be more likely to disproportionately distribute inventory.

Supply Chain Design Software 148

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 148

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. During promotional management, especially for big events around special days and holidays, inventory levels need to be adjusted to meet the peaks in demand.

Supply Chain Planning Software 128

Supply Chain Planning Software Inventory Reduction Optimal Sourcing Inventory 128

Logistics Viewpoints

NOVEMBER 15, 2022

This flexible, less comprehensive WMS strategy reduces risk, accelerates digital transformation, improves long-term flexibility, and gives companies immediate access to the technologies they need to compete for the long haul. Highlighting this use case, a storage and organization retailer, with stores throughout the U.S.

Optimization Software 149

Optimization Software Inventory Reduction Production Vendor Strategies 149

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. Considering every phase in the supply chain, such as sourcing goods, logistics and delivery, the strategy optimizes operations to reduce costs and maximize profits.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 52

EazyStock

NOVEMBER 17, 2020

This can include statistical demand forecasting , advanced inventory planning and automated replenishment activities. Can you recognize the warning signs that your business needs automated inventory planning and replenishment ? Automated replenishment is critical to ERP inventory management.

ERP 98

ERP Inventory Reduction Inventory Optimization Software 98

GlobalTranz

JUNE 2, 2015

Improved Demand Planning – still another benefit is that you can really predict and meet demand. Replenishment Planning – You can see where more items are needed, see levels of inventory, look across the network of your trading partners as well as in your own inventory and so much more.

Supply Chain Planning Software 103

Supply Chain Planning Software Supply Chain Software Optimization Software Supply Chains 103

Blue Grace Logistics

JULY 11, 2024

In this blog, we’ll explore practical strategies tailored specifically for food and bev shippers, focusing on forecasting methods and inventory management practices that can effectively address retail demand shifts. Proactive strategies involve strategically positioning and replenishing inventory.

Inventory Reduction 90

Inventory Reduction Cost Reduction Optimization Modeling Supply Chain Planning Software 90

Ship Monk

MAY 5, 2022

Today, we’re going where the rubber meets the road: the actual migration. There are a few different ways to go about the big move, so it’s a matter of choosing the strategy that keeps your sales and fulfillment operations flowing smoothly throughout the transition. Strategy 2: Sending Inventory to Cover a Transition Period.

Inventory Reduction 52

Inventory Reduction Vendor Strategies Cost Reduction 3PL 52

EazyStock

AUGUST 21, 2020

For businesses that carry non-perishable goods it’s tempting to order and carry surplus stock to help meet market demand and hit order fulfillment targets. There are many financial benefits to introducing stock reduction strategies – in particular focusing on your excess and obsolete items. Supplier lead time reduction.

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

Logistics Viewpoints

SEPTEMBER 2, 2021

Improving productivity is imperative for meeting the ecommerce labor challenge. Travel in Picking and Replenishment Processes is the Lynchpin. Tried and True Warehouse Travel Reduction Strategies. In addition, there is an emerging shortage of hourly workers across all industries. Process Engineering.

Cost Reduction 121

Cost Reduction Supply Chain Software Optimization Software eCommerce 121

GlobalTranz

NOVEMBER 3, 2015

We first did an overview of the 10 areas of strategy a shipper must know in order to stay competitive. Today we will talk about the flow of strategy as pertains to inventory flow and driving warehouse efficiency. The essence of strategy is choosing what not to do. ” ― Michael E. System-Directed Replenishment.

Inventory Reduction 112

Inventory Reduction Vendor Strategies Cost Reduction Waste Reduction 112

EazyStock

OCTOBER 20, 2020

Inventory control is a key function of supply chain management that maintains appropriate quantities of stock to meet customer demand. Failing to meet customer expectations, however, can lead to lost sales and a damaged reputation. Fine-tune your stock replenishment strategies. What is stock optimization?

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

SYSPRO Smarter ERP

AUGUST 28, 2023

With improved optimization of the sales and distribution channel, businesses can effectively manage pricing strategies and aftermarket support, ensuring customer satisfaction and operational efficiency throughout the supply chain.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Optimization Software ERP 98

Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. The better the forecast and replenishment decisions, the higher the financial benefit and the lower the waste.

Supply Chain Planning Software 133

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 133

CH Robinson Logistics

DECEMBER 15, 2021

However, with this year’s volatility, I was also given a front-row seat to a new level of hyper collaboration – including individuals going out of their way to help each other, more strategy sessions between shippers and forwarders, and continually leaning into historical data and current market insights to find smarter solutions.

Sourcing Strategies 90

Sourcing Strategies Global logistics Cost Reduction Inventory Reduction 90

Logistics Viewpoints

APRIL 7, 2022

Order minimums and multiples along with replenishment frequencies should be adjusted, especially as you prepare to stockpile highly constrained materials. This helps them understand what additional costs they might incur while meeting customer expectations, and then make the right decisions as they seek to find offset opportunities.

Supply Chain Design Software 167

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 167

Stord

NOVEMBER 13, 2024

billion, demonstrating sustained growth BFCM Strategies Unfortunately, the first truth about being prepared for BFCM is not a shocking or surprising insight - the brands that can regularly and repeatedly deliver their consumer’s orders on time with healthy margins are most likely to have the component parts to succeed during BFCM.

Inventory Reduction 148

Inventory Reduction How To Cost Reduction Procurement Solutions 148

Logistics Viewpoints

FEBRUARY 22, 2021

Our goal was to better service our partners through delivering robust demand and replenishment solutions. Through forecasting and replenishment solutions, we can do just that. Forecast Replenishment and Operational Support Tool) for the supply chain solution, which is now the company-wide term we use for the tool.

Supply Chain Planning Software 23

Supply Chain Planning Software Supply Chain Design Software Optimization Software Supply Chain Software 23

SYSPRO Smarter ERP

JUNE 19, 2023

WMS solutions are typically designed to cater to more complex warehouse operations that involve larger inventory volumes, multiple locations, advanced picking strategies, and sophisticated optimization capabilities.

ERP 98

ERP Inventory Reduction Resource Reduction Cost Reduction 98

Locus

JUNE 23, 2023

So, knowing more about order fulfillment, its importance, process, and strategies is critical. It is necessary for warehouse staff to check if items are safely packed and well-protected during transit and meet shipping requirements like weight size or size limits. So there is no fixed rule for selecting the order fulfillment strategy.

Inventory Reduction 52

Inventory Reduction Cost Reduction Resource Reduction Vendor Strategies 52

Logistics Bureau

OCTOBER 10, 2022

Instead, your company’s optimal inventory performance will be such that you can meet the service levels you aspire to (or to which your customer agreements commit you) with the barest minimum negative impact on profit and working capital. Ignoring the presence of forecast biases which skew replenishment patterns.

Inventory Reduction 124

Inventory Reduction Inventory Optimization Modeling Optimization Software 124

SYSPRO Smarter ERP

DECEMBER 13, 2021

Inventory strategies that promoted redundancy, rather than super-efficiency, have been shown to be more effective. If changing the sourcing strategy is required, such as near- or alternative sourcing, the organization will need to look at better ways of managing suppliers and monitoring their performance.

Inventory Reduction 122

Inventory Reduction Inventory Sourcing Strategies Supply Chain Planning Software 122

GlobalTranz

FEBRUARY 18, 2022

In this post, we’ll do a deep dive into less-than-truckload (LTL) industry trends to watch for 2022, and highlight actions that shippers should consider to guide their strategy throughout the year. The accessorial/surcharge situation reflects carriers’ strategy to select freight that’s optimal for their network. Tightened Capacity.

Trends 91

Trends Cost Reduction Resource Reduction Inventory Reduction 91

Logistics Bureau

NOVEMBER 29, 2024

So everything in the retailer’s Supply Chain strategy needs to be focused on the customer, and of course the shareholders, that goes without saying. This is all the product handling that takes place at the back dock, the stock room, and replenishing stock out on the retail floor. And they have very different dynamics.

Supply Chain Planning Software 82

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 82

WorkWave

JUNE 27, 2024

This blog will delve into the current state of driver availability, its causes, consequences, strategies for mitigating the challenge, and future outlooks and long-term solutions. Despite offering higher wages and bonuses, they struggled to meet delivery deadlines, resulting in customer complaints and loss of sales.

Optimal Sourcing 92

Optimal Sourcing Supply Chain Planning Software Optimization Software Availability 92

GlobalTranz

DECEMBER 29, 2020

Flexible, scalable warehouse space, forward-deployed inventory, and supply chain resiliency are among the leading trends that will help companies meet new consumers' expectations while supporting health protocols. In planning for more of the same in 2021, customers are seeking space to meet shifting consumer behavior due to COVID-19.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Design Software Warehousing Trends 62

GlobalTranz

DECEMBER 1, 2017

It does increase space, but it could lead to severe aisle congestion and unexpected delays during the putaway and replenishment process. Implement Waveless Picking Strategies. For example, many distribution centers use reach-trucks to complete pallet putaway tasks and also pull pallets down for replenishment. Reduce Travel Time.

Cost Reduction 60

Cost Reduction Waste Reduction Distribution Inventory Reduction 60

Logistics Business Magazine

JANUARY 5, 2022

Being a luxury brand, service levels are now meeting our very exact standards, which support our ambitious growth strategy. Sam Christian, SVP of Operations at Watch Gang, said: “SnapFulfil consistently saves us both time and money. SnapFulfil now serves as both the pilot and the plane within our organisation.

Inventory Reduction 57

Inventory Reduction Cost Reduction Logistics Network Optimization Software Replenishment 57

Logistics Bureau

SEPTEMBER 28, 2020

While 3PLs have the expertise to provide such a service, 4PL companies specialise in meeting tight turnaround times and seemingly impossible schedules, while applying the most advanced technologies to monitor supply chain movements in real time. 3) Ecommerce and Multi-Channel Retail. 4) Industry.

4PL 118

4PL Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software 118

Logistics Viewpoints

DECEMBER 15, 2022

These ABC segments can also be used for setting up service level targets or availability targets which then determine the safety stocks for ensuring there are enough stocks to meet the fluctuating demand for those groups of products that are critical to business. The medium-term solution might be to enhance the assortment with alternatives.

Optimal Sourcing 132

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 132

ShipLilly

OCTOBER 26, 2020

That means that you order what you need to meet your customer demands, but nothing more. Failing to meet customer expectations might not just lose you a single sale, but lose you the customer entirely. The problem with that strategy is that you are essentially keeping your cash flow in stock that isn’t moving.

Inventory Reduction 96

Inventory Reduction Inventory Tips Supply Chain Planning Software 96

Talking Logistics

JUNE 25, 2018

What’s becoming clear, however, is that digital supply chain transformation is not enough; companies also have to transform their physical supply chain networks to adequately meet the more demanding challenges and opportunities before them. Once complete, P&G said its new supply chain will enable 80% of U.S.

Supply Chain Transformation 71

Supply Chain Transformation Supply Chain Software Supply Chain Design Software Supply Chain Planning Software 71

GlobalTranz

DECEMBER 21, 2016

The final result is technology that you can rely on to meet your distribution needs. This is a hands-free technology that uses spoken commands for picking, putting, receiving, replenishing and warehouse shipping functions. Warehouse Robotics Technology. Voice Tasking Technology.

Supply Chain Design Software 105

Supply Chain Design Software Supply Chain Planning Software Optimization Software Supply Chain Software 105

GlobalTranz

DECEMBER 1, 2014

According to Bain’s Insights, one of the rules for winning is to adopt an early omni-channel strategy that will help companies to reinforce their overall competitiveness. Some facilities see orders soar ninefold — but taking nine times as long to meet demand isn’t an option. Make your Inventory Omni-Channel.

Supply Chain Planning Software 97

Supply Chain Planning Software Scenario Planning Logistics Network Optimization Software Inventory Reduction 97

GlobalTranz

NOVEMBER 10, 2015

This includes tracking the storage and movements of all items within the warehouse, processing each transaction, which includes picking and replenishment of slots, and gathering information about how these processes relate to one another. The rise of the Internet of Things (IoT) has also led to another improvement for many WMS solutions.

Supply Chain Planning Software 90

Supply Chain Planning Software Optimization Software Inventory Reduction Cost Reduction 90

EazyStock

FEBRUARY 1, 2021

trillion by 2023 , indicating a need for more robust online sales strategies. For businesses to succeed in eCommerce they must ensure they have an effective eCommerce supply chain strategy. In each case the future demand forecasting, replenishment and safety stock calculations need to be treated differently. This is not true.

Inventory Reduction 52

Inventory Reduction Optimization Software eCommerce Inventory 52

Logistics Business Magazine

SEPTEMBER 13, 2021

This led to Caja Robotics , a robotics solution created to be adaptive, flexible, which meets the needs of operating fulfilment centres. Caja’s solution comprises two types of robots: a Lift robot for storage optimisation and replenishment, and a Cart robot for picking and fast transportation of boxes.

Inventory Reduction 54

Inventory Reduction Logistics Network Optimization Software Cost Reduction Replenishment 54