Logistics Bureau

DECEMBER 6, 2024

Gamification is not just another term for incentivisation, at least not in the same sense as conventional incentivisation strategies. An example of this is Unilever, who give their employees rewards if they meet key performance indicators relating to sustainability and ethical sourcing.

Supply Chain Design Software 73

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 73

WorkWave

MAY 30, 2024

In this expert guide, we will explore the key elements of SRM, best practices for managing supplier relationships, and how field service companies can leverage SRM to drive success in their operations. What is Supplier Relationship Management (SRM)?

Negotiate Pricing 52

Negotiate Pricing Vendor Strategies Negotiating Skills Material Savings 52

Logistics Bureau

SEPTEMBER 28, 2020

Even before the pandemic swept across the planet, larger companies were increasingly using 4PL providers to act as their logistics department, handling matters such as order management, legal compliance, warehousing, and supplier management. 3) Ecommerce and Multi-Channel Retail.

4PL 98

4PL Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software 98

EazyStock

MARCH 3, 2022

In this post, we explain how you can implement a just-in-case stock management strategy without the risk of tying up too much capital in unnecessary inventory items. How to implement JIC inventory management with optimum stock levels. Just in case inventory management doesn’t have to mean inflating stock to really high levels.

Inventory Reduction 52

Inventory Reduction Inventory Supply Chain Planning Software Cost Reduction 52

GlobalTranz

FEBRUARY 24, 2016

Essentially, manufacturers who avoid embracing mobility to increase lean manufacturing will probably fail to meet tomorrow’s demands. In some cases, some products may have a given shelf life. Although typically applied to perishable, food items, shelf life may actually apply to any other product.

Waste Reduction 53

Waste Reduction Inventory Reduction Cost Reduction Resource Reduction 53

EazyStock

JANUARY 6, 2023

As we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. A key element is setting the right safety stock levels to meet unexpected spikes in demand without tying up unnecessary capital.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

EazyStock

JANUARY 6, 2023

As we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. A key element is setting the right safety stock levels to meet unexpected spikes in demand without tying up unnecessary capital. Supplier management. Supplier ranking.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

GoShip Blog

DECEMBER 3, 2023

While this makes retail companies more secure, it poses an additional challenge for shippers and vendors to meet the terms of the partnership. Apparently, retail compliance programs will soon be used by even small retailers, so it’s crucial to understand the goal of supplier management and how it works.

Vendor Strategies 52

Vendor Strategies Compliance Cost Reduction Inventory Reduction 52

Logistics Business Magazine

NOVEMBER 15, 2021

This is frustrating because supply chains are well positioned to assist in meeting sustainability goals. For example, new software platforms are emerging to help with sustainable sourcing, supply chain emissions visibility, supplier management and monitoring as well as ensuring products re-enter the value chain through a circular economy.

Waste Reduction 48

Waste Reduction Supply Chain Software Modeling Software Cost Reduction 48

3PL Links

AUGUST 18, 2023

3 main goals of inventory control are as follows: Increase service quality or the ability to meet demand by keeping inventory on hand. The definition of inventory management, however, is the skill of managing these conflicting aims, directing strategies, and appropriately prioritizing objectives in the face of this scenario.

Inventory Reduction 48

Inventory Reduction Inventory Purchasing Skills Price Reduction 48

EazyStock

JUNE 23, 2022

All successful businesses use data to develop strategies and review their outcomes. This is especially true in inventory management, where new technologies are being introduced all the time, and along with them, more and more data is being generated. Big data helps improve supplier management. What is big data?

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Supply Chain Planning Software 52

Logistics at MPEPS at UPV

MAY 18, 2017

Failure to meet design milestones. Acquisition strategy. Supplier relationship management. Contract/supplier management availability and expertise. Supplier development and continuous improvement Supplier communications. Access to technical data. Design for supply chain (e.g., Cost/profit.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 40

CLX Logistics

FEBRUARY 22, 2024

From streamlining sourcing and supplier management to optimizing contract negotiations and spend analysis, AI and ML offer various capabilities that can revolutionize procurement management operations and drive sustainable value creation.

Optimal Sourcing 52

Optimal Sourcing Procurement Supply Chain Software Negotiating Skills 52

Log-hub

SEPTEMBER 17, 2024

Min-max System It involves setting minimum and maximum inventory levels to efficiently manage stock. When inventory falls below its minimum level, an order is placed to replenish it to its maximum level, guaranteeing there is always enough stock to meet demand without overstocking or shortages.

Inventory Reduction 40

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 40

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. Knowing your CTS per product and per customer also lets you better control different commercial strategies.

Purchasing Skills 93

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 93

Conger

DECEMBER 13, 2022

Because in this post, you’ll find 11 effective strategies for doing just that. Ditch Unreliable Suppliers. Choose Domestic Suppliers. Consolidate Suppliers. Note: If you can't find a local supplier, use the large ordering strategy: Placing larger orders but less frequently to keep more inventory on hand.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Vendor Strategies Waste Reduction 52

Logistics Bureau

DECEMBER 6, 2024

Logistics is the management of the flow of resources between the point of origin and the point of destination. Business logistics is a crucial component of operational strategy and efficiency in the supply chain, involving comprehensive processes to manage the movement of goods from sourcing materials to delivering products.

Manufacturing Procurement 75

Manufacturing Procurement Logistics Network Optimization Software Supply Chain Planning Software Sourcing Strategies 75

Logistics Bureau

OCTOBER 30, 2017

When a KPI shows that performance is consistently meeting or exceeding the required level, you can decide to raise the bar and set a higher standard to aspire to. For this reason, KPIs are essential for any business improvement strategy. Inventory management. Purchasing and supplier management. Warehousing.

Supply Chain Software 96

Supply Chain Software Supply Chains Procurement Analytics Logistics Network Optimization Software 96

Logistics Bureau

NOVEMBER 3, 2024

2) According to a 2012 report into corporate insolvencies by the Australian Securities and Investments Commission, 44% of businesses in Australia failed because of poor strategic management. Supply Chain Strategy In 2014, a survey by Tompkins Consortium delivered a shocking revelation.

Supply Chain Design Software 74

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 74

Logistics Viewpoints

JANUARY 8, 2025

Labor and Workforce Regulations: Incentives for Domestic Employment: Policies may encourage reshoring of manufacturing jobs, requiring companies to adapt workforce strategies and comply with stricter local labor laws. Restrictions on trade with specific countries or entities may necessitate the realignment of supplier networks.

Supply Chain Planning Software 119

Supply Chain Planning Software Compliance Supply Chain Software Supply Chains 119