Locus

JANUARY 10, 2024

In today’s fast-paced retail world, efficient shelf replenishment is crucial. We’ll look at four strategies to optimize shelf replenishment, reducing stockouts, improving inventory management, cutting waste, and boosting productivity. What is Shelf Replenishment? But why is it so important, one might ask?

Inventory Reduction 52

Inventory Reduction Cost Reduction Resource Reduction Waste Reduction 52

10xLogistics

MAY 15, 2024

Collaborative Planning, Forecasting, and Replenishment (CPFR) is a strategy that has revolutionized this space, offering a systematic approach to reducing supply chain inefficiencies. Companies looking to stay competitive in the fast-paced market environment would do well to consider implementing CPFR strategies.

Supply Chain Planning Software 78

Supply Chain Planning Software Replenishment Inventory Reduction Scenario Planning 78

Logistics Bureau

JULY 18, 2022

As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy.

Inventory Reduction 98

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 98

The Logistics of Logistics

DECEMBER 6, 2021

Lauren is a seasoned maritime attorney and the founder of Squall Strategies , a boutique maritime consulting and legal solutions company and offers a wide range of consulting services to serve a variety of businesses and clients. Beagen is a seasoned maritime attorney and the founder of Squall Strategies, LLC. About Squall Strategies.

Inventory Reduction 195

Inventory Reduction Material Savings Maritime Supply Chain Software 195

Logistics Viewpoints

JUNE 4, 2024

With tart cherry juice sales transitioning into a steady demand pattern, retailers must adapt their inventory strategies accordingly to meet this evolving consumer preference. It serves as a compelling example of how retailers must reassess their inventory strategies to adapt to rapidly shifting market demands driven by trends.

Inventory Reduction 119

Inventory Reduction Supply Chain Planning Software Inventory Waste Reduction 119

Logistics Viewpoints

NOVEMBER 11, 2021

Reporting to keep the inventory strategy fresh and supporting the goals of the organization. Is a replenishment strategy needed? The replenishment logic and smooth execution of inventory moves will keep pickers executing without waiting time. Track your emergency replenishments. You can’t plan for everything.

Inventory Reduction 114

Inventory Reduction Inventory Cost Reduction Material Savings 114

Material Handling and Logistics

AUGUST 31, 2018

In the supply chain, this means that you can’t expect the same strategies and systems that were effective for the single-channel movement to be effective for the new omni-channel movement. With data surrounding the speed at which items move through your warehouse, you can develop a new omni-channel strategy.

Supply Chain Design Software 145

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 145

Logistics Viewpoints

MARCH 17, 2021

In December of 2019, the global grocery retailer Ahold Delhaize announced it was investing $480 million to transform and expand its US supply chain operations to support a strategy to transition the supply chain network into a fully-integrated, self-distribution model. Intelligent Store Replenishment.

Sourcing Strategies 125

Sourcing Strategies Supply Chain Software Supply Chain Design Software Automation 125

Blue Grace Logistics

JUNE 13, 2022

Insulating against disturbances to the supply chain through critical weather strategies has proved effective in cutting down delays and costly overages. Shippers and carriers alike should establish a weather-related plan of action that can offset unexpected delays and help keep parties informed quickly in preparation for a catastrophic event.

Inventory Reduction 62

Inventory Reduction Cost Reduction Resource Reduction Price Reduction 62

Logistics Viewpoints

OCTOBER 11, 2016

Pool distribution as a store replenishment strategy is more relevant than ever because of decreasing margins and the need to move goods quickly to stores in reaction to changing consumer demand.

Distribution 79

Distribution Cost Reduction Replenishment Networks 79

Logistics Viewpoints

JUNE 9, 2022

Suddenly, the situation changes, whether because of a new company strategy, ever-present retail dynamics or possibly due to a completely new influencing factor. Both predictive and retrospective data analyses are key in making fundamental decisions and defining logistics strategies. WMS and WCS to implement a strategy for the peaks.

Logistics Network Optimization Software 118

Logistics Network Optimization Software Optimization Software Supply Chain Planning Software Modeling Software 118

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

Logistics Viewpoints

MAY 10, 2021

Following their fourth quarter results, top executives talked about their supply chain and omnichannel strategy at a high level. Brick and mortar retailers that do not have a strategy to grow sales based on an omnichannel strategy are going out of business with an increasing frequency. Walmart knows this.

Supply Chain Planning Software 110

Supply Chain Planning Software Supply Chain Software Supply Chain Transformation Supply Chains 110

Logistics Viewpoints

MARCH 9, 2016

The study incorporates transportation management, warehouse management, distributed order management, inventory management / store replenishment, and demand planning. Two weeks ago, I wrote an article about my now just released market study on omni-channel fulfillment technology.

Inventory Reduction 50

Inventory Reduction Strategy Replenishment Study 50

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

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 116

Inventory Reduction Cost Reduction Optimization Modeling Supply Chain Planning Software 116

Ship Monk

MAY 5, 2022

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. Most companies employ one of the following three strategies: Strategy 1: “Hard Switching” from Your Previous 3PL. Taking the Plunge.

Inventory Reduction 52

Inventory Reduction Vendor Strategies Cost Reduction 3PL 52

Kanban Logistics

MAY 25, 2022

What is a VMI strategy? With a VMI strategy , a third-party logistics provider (3PL) will store goods that your manufacturing operation will eventually require. VMI strategy: Only for the big boys? VMI part of an inbound logistics strategy. Kanban Logistics can help implement a VMI strategy.

Material Savings 52

Material Savings Inventory Reduction Vendor Strategies Cost Reduction 52

Logistics Viewpoints

JUNE 29, 2023

PO Collaboration focuses on maintaining accurate demand forecasts, timely communication with suppliers, and efficient replenishment processes to ensure optimal stock levels and minimize stockouts. Configure to Order: This strategy involves customizing standard products based on customer specifications.

Manufacturing Procurement 108

Manufacturing Procurement Procurement Analytics Inventory Reduction Material Savings 108

GlobalTranz

AUGUST 4, 2021

That alone is evidence that shippers need to start rethinking their strategies and supply chain risk management systems, but there are other challenges that are often overshadowed by the pandemic in the past year like weather, supply chain cyber security , labor shortages, market volatility, and more.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 115

GlobalTranz

JUNE 2, 2015

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. Instead, you can set up a replenishment plan that works for you and that is going to do all that you need it to.

Supply Chain Planning Software 103

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

SYSPRO Smarter ERP

APRIL 18, 2022

Longstanding weaknesses in the supply chain like port infrastructure, outdated supply chain strategies and impacts of natural disaster and wars have all further affected global supply chains. While the pandemic was undoubtedly the catalyst for recent supply chain disruptions it’s not the only cause.

Manufacturing Procurement 124

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software ERP 124

EazyStock

AUGUST 21, 2020

There are many financial benefits to introducing stock reduction strategies – in particular focusing on your excess and obsolete items. Here we’re going to focus on our favorite top five inventory reduction strategies. So it makes sense to look for ways to reduce inventory and keep levels under control!

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

FreightWaves SONAR

MARCH 23, 2021

Recognize market volatility trends and their impact on replenishment lead time Another beneficial action to boost efficiency with freight management comes from the recognition of market volatility trends. Market volatility can significantly impact replenishment lead time for restocking warehouses and distribution centers.

Resource Reduction 98

Resource Reduction Efficiency Cost Reduction Freight 98

Logistics Viewpoints

SEPTEMBER 16, 2021

Poor granularity means shippers do not know where to prioritize their fulfillment strategies, and that may be more likely to disproportionately distribute inventory. Traditional Inventory Replenishment Strategies No Longer Work.

Supply Chain Design Software 110

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 110

Logistics Viewpoints

OCTOBER 8, 2015

Top supply chain officers across the industry were recently surveyed¹ on their biggest barriers to effective inventory management. Their top two responses were “Can’t Optimize Network Holistically” and “Demand Volatility”.

Inventory Reduction 82

Inventory Reduction Inventory Optimization Modeling Modeling 82

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 75

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 75

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. Promotion-sensitive demand forecasts at the granular level are then used to adjust inventory targets and drive additional replenishment and procurement decisions.

Supply Chain Planning Software 111

Supply Chain Planning Software Inventory Reduction Optimal Sourcing Inventory 111

Talking Logistics

SEPTEMBER 4, 2018

For Management: a balancing strategy, etc…. It is about keeping all (well most) of the stakeholders of the supply chain content and taking into consideration the supply chain strategy of the organization. Example A: Fashion Retailer – Business Strategy is short life cycle products. Sales Strategy. Replenishment.

Inventory Reduction 97

Inventory Reduction Inventory Logistics Network Optimization Software Cost Reduction 97

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

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

Locus

JUNE 23, 2023

So, knowing more about order fulfillment, its importance, process, and strategies is critical. Read Also: 5 Ways to Ace Last-mile Reverse Logistics What are the Order fulfillment strategies, and which is right for your business? So there is no fixed rule for selecting the order fulfillment strategy. Let’s fill in!

Inventory Reduction 52

Inventory Reduction Cost Reduction Resource Reduction Vendor Strategies 52

Logistics Bureau

DECEMBER 19, 2022

For example, slotting strategies often involve placing the fastest-moving SKUs close to the warehouse dispatch zones, minimising picking operatives’ travel distances and times. Therefore, any slotting strategy should focus on minimising such travel. Slotting Increases Replenishment Efficiency. Slotting Benefits: Summary.

Production 98

Production Inventory Reduction Cost Reduction Resource Reduction 98

EazyStock

OCTOBER 20, 2020

Fine-tune your stock replenishment strategies. However, if these methods are leading to stockouts or excess stock scenarios, you need to look for a smarter way to carry out replenishment. You can only optimize stock levels when you have informed inventory purchasing practices. Supplier lead times.

Inventory Reduction 98

Inventory Reduction Optimization Software Inventory Optimization Modeling 98

Logistics Bureau

JANUARY 20, 2025

As youll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, weve discovered that many companies lack a defined and documented supply chain strategy. A company without a supply chain strategy is at a competitive disadvantage.

Inventory Reduction 40

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 40

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 105

Optimization Software Inventory Reduction Production Vendor Strategies 105

Logistics Bureau

OCTOBER 10, 2024

And, we’ve also found that by implementing a sound warehouse slotting strategy, we’ve helped clients reduce their labour costs by up to 30%. Increase replenishment and put-away efficiency. This is the key benefit to maintaining a proper slotting strategy. Reduce product damage.

Production 74

Production Inventory Reduction Cost Reduction Expense Reduction 74