WorkWave

MAY 30, 2024

Organizations operating under a reactive SRM approach tend to have limited visibility into their supplier relationships and may lack a long-term strategy for supplier management. On the other hand, strategic supplier relationship management involves a proactive and long-term approach to managing supplier relationships.

Negotiate Pricing 52

Negotiate Pricing Vendor Strategies Negotiating Skills Material Savings 52

Logistics Bureau

NOVEMBER 3, 2024

Such an approach results in unnecessary cost, a lack of resilience, and unwanted challenges in meeting customer service requirements – yet sadly, it’s still the approach most commonly taken. For example, supplier performance issues can cause problems with inventory, order fill; on-time delivery performance and customer-order lead times.

Supply Chain Design Software 82

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 82

Trinity Logistics

JULY 20, 2020

Generally though, it’s difficult for a large shipper to work with a carrier that can’t commit at the drop of a hat to cover same-day freight, or drop trailers, comply with 90-180 day pay terms, or a host of any other regulatory or supplier management costs. We want you: the hard working, essential trucking company to succeed.

Price Reduction 67

Price Reduction Cost Reduction Expense Reduction Inventory Reduction 67

Logistics Viewpoints

OCTOBER 10, 2022

As the Automotive OEMs improved their supply chain risk management processes, they then turned to their key suppliers to improve their risk management processes. Autoliv is the largest supplier of safety systems to the automotive industry. There were several things they were looking to accomplish in the near term.

Supply Chain Planning Software 148

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 148

Trinity Logistics

JULY 20, 2020

Generally though, it’s difficult for a large shipper to work with a carrier that can’t commit at the drop of a hat to cover same-day freight, or drop trailers, comply with 90-180 day pay terms, or a host of any other regulatory or supplier management costs. We want you: the hard working, essential trucking company to succeed.

Price Reduction 62

Price Reduction Cost Reduction Expense Reduction Inventory Reduction 62

Kanban Logistics

MARCH 30, 2023

This applies not only to suppliers and manufacturers, but also to service providers throughout the aerospace supply chain. In this article, we’ll examine a common QMS certification, AS9100, and explain why it’s important that your chosen warehouse provider meets these standards. What are AS9100 Standards in Aerospace Logistics?

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Design Supply Chains Manufacturing Procurement 52

Automotive Logistics

MARCH 13, 2018

Chicago-based Seko said it was investing significantly to meet growing client demand in the automotive, retail and aerospace industries, and that it planned to increase its Mexican network to a total of 20 warehouses and offices in a second phase of expansion. in Ocoyoacac, near Mexico City (pictured).

Reverse logistics 28

Reverse logistics Replenishment Supplier management Inbound 28

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 Negotiating Skills Supply Chain Software 52

Airfreight Logistics

MAY 20, 2020

CEVA’s specialist knowledge of both automotive and healthcare supply chains has enabled us to step up and meet the challenge. It is the exclusive logistics provider on the inbound part of this project. Our important, long-standing relationship with General Motors has been key to the success of this unique project.

Supply Chain Planning Software 50

Supply Chain Planning Software Supply Chains Logistics Network Optimization Software Scenario Planning 50

Automotive Logistics

NOVEMBER 12, 2018

In the new role, which is based in Atlanta, Georgia, Seguin will oversee air, ocean, and rail freight forwarding, as well as brokerage and supplier management for the 220 countries and territories UPS serves around the world. . Seguin began her career with UPS in 1983 as a part-time hub supervisor in Missouri. . “I

Freight forwarding 28

Freight forwarding Freight Package delivery Supplier management 28

GlobalTranz

AUGUST 17, 2015

This type of system can also help organizations understand when their suppliers are undergoing change or hardship, and offer them an opportunity to step in and help, or provide them with enough time to source from different suppliers. Manage working capital. To establish and maintain leadership, organizations must innovate.

Sourcing Strategies 98

Sourcing Strategies Price Reduction Vendor Strategies Cost Reduction 98

EazyStock

JANUARY 6, 2023

A key element is setting the right safety stock levels to meet unexpected spikes in demand without tying up unnecessary capital. This will also enhance customer experience as you’ll have enough stock to meet customer demand. It can also make it harder for suppliers if you realize you’ve underestimated and need an urgent order.

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

A key element is setting the right safety stock levels to meet unexpected spikes in demand without tying up unnecessary capital. This will also enhance customer experience as you’ll have enough stock to meet customer demand. It can also make it harder for suppliers if you realize you’ve underestimated and need an urgent order.

Supply Chain Planning Software 52

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

Locus

JUNE 2, 2023

Managing and controlling the flow of finished products from the organization’s facilities to the end customers or distribution centers. Focus Procurement, receiving, storage, and inventory management. Inventory management: According to this report 67.4% of supply chain managers use Excel spreadsheets as a management tool.

Optimal Sourcing 52

Optimal Sourcing Outbound Optimization Software Inbound 52

EazyStock

JUNE 23, 2022

Big data can help improve demand forecasting accuracy , allowing you to determine when, what, and how much inventory to stock to meet customer demand. Big data helps improve supplier management. Good and reliable suppliers are crucial to robust inventory management, so it’s essential that you can track their performance.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Supply Chain Planning Software 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 116

4PL Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software 116

EazyStock

JULY 17, 2020

Here’s some ideas on how to make this happen… Supplier Management in a Post COVID-19 Market. Supplier Communication. Whether you choose to grow your supplier network or maintain existing relationships, in the future it’s going to be more important than ever to build and nurture strong partnerships with your suppliers.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 52

AIMMS

SEPTEMBER 15, 2015

Papyrus, a leading European paper wholesaler, started using AIMMS in May 2014 to implement radical changes in its supply chain network and re-envision its forecasting, replenishment & supplier management workflow. Historically, every region was served by a warehouse that stocked an estimated amount of paper to meet local demand.

Supply Chain Planning Software 83

Supply Chain Planning Software Supply Chain Software Scenario Planning Optimization Software 83

EazyStock

NOVEMBER 6, 2020

In both cases it makes sense to ensure you’re holding the right products in the right volumes to meet demand without carrying too much to take up valuable warehouse space. Originally published Oct 2015; updated Nov 2020. The post Inventory Carrying Costs & How They Impact Profitability appeared first on EazyStock.

Inventory Reduction 40

Inventory Reduction Purchasing Skills Optimal Sourcing Inventory 40

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 50

Waste Reduction Supply Chain Software Modeling Software Cost Reduction 50

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 supplier manages every aspect of the process, so the retailer need not worry about product storage, management, or shipment. How much to supply? And when to supply?

Inventory Reduction 48

Inventory Reduction Inventory Purchasing Skills Price Reduction 48

247 Customs Broker

JUNE 7, 2018

This network expansion demonstrates our ongoing investments to continually build out our network so we can meet or exceed customer demands,” said Steve McMichael, UPS Vice President, Global Ocean Freight Services, in a statement. advanced technology tools for maximum shipment visibility.

Logistics Network Optimization Software 28

Logistics Network Optimization Software Supply Chain Software Inventory Reduction Materials Handling 28

AIMMS

SEPTEMBER 15, 2015

Papyrus, a leading European paper wholesaler, started using AIMMS in May 2014 to implement radical changes in its supply chain network and re-envision its forecasting, replenishment & supplier management workflow. Historically, every region was served by a warehouse that stocked an estimated amount of paper to meet local demand.

Supply Chain Planning Software 62

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimization Software 62

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

MARCH 3, 2022

Just-in-case inventory management shouldn’t be about carrying as much stock as possible to cover up poor forecasting practices. It’s critical to find the right balance between meeting demand without over-investing in unnecessary stock. The post How to successfully implement just-in-case inventory management appeared first on.

Inventory Reduction 52

Inventory Reduction Inventory Supply Chain Planning Software Cost Reduction 52

Logistics Bureau

JANUARY 9, 2019

Such an approach results in unnecessary cost, a lack of resilience, and unwanted challenges in meeting customer service requirements – yet sadly, it’s still the approach most commonly taken. The cost of meeting demand is one of the most telling ways in which the supply chain matters to business success. Supply Chain Costs.

Supply Chain Design Software 118

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

Logistics Bureau

JANUARY 7, 2020

Such an approach results in unnecessary cost, a lack of resilience, and unwanted challenges in meeting customer service requirements – yet sadly, it’s still the approach most commonly taken. . They also addressed another area of supply chain operations critical to overall business success—cost management. .

Supply Chain Design Software 123

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 123

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

EazyStock

JUNE 24, 2020

In this four part blog series we discuss how inventory management teams can use inventory optimization to help deal with the impact of the Coronavirus in the medium and long term, focusing on demand forecasting, supplier management and inventory planning. Save Time by Automating Inventory Management Calculations.

Inventory Reduction 98

Inventory Reduction Procurement Solutions Inventory Supply Chain Planning Software 98

Logistics at MPEPS at UPV

MAY 18, 2017

Failure to meet design milestones. Supplier relationship management. Contract/supplier management availability and expertise. Supplier development and continuous improvement Supplier communications. Lack of technical detail. Lack of verification of product. Changes to product configuration.

Supply Chain Design Software 40

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

GlobalTranz

MAY 21, 2015

At distribution centers, Walmart uses cross-docking, a process in which product is exchanged between trucks so that each truck going to a retail store has products from different suppliers. Managers should ensure that a firm’s transportation strategy supports its competitive strategy.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Cost Reduction Supply Chains 100

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. Patient care remained uncompromised and as a bonus, supplier management was streamlined too.

Purchasing Skills 90

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 90

Automotive Logistics

APRIL 27, 2018

OEMs such as General Motors (GM), Jaguar Land Rover (JLR) and MAN Latin America as well as LSPs such as Penske, DHL and FedEx are shifting gear to meet the rising demand. According to Karassawa, as well as building cars, GM is also building a culture of efficiency and innovation with suppliers and dealers.

Supply Chain Planning Software 31

Supply Chain Planning Software Logistics Network Optimization Software Optimization Software Supply Chain Software 31

Conger

DECEMBER 13, 2022

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. Consolidate Suppliers. Managing lead times demands more than just managing your suppliers. Avoid delays associated with customs holdups. Improve cash flow.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Vendor Strategies Waste Reduction 52

Logistics Bureau

OCTOBER 4, 2018

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. Inventory management. Purchasing and supplier management. For this reason, KPIs are essential for any business improvement strategy. Order capture.

Supply Chain Design Software 89

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 89