Ship Monk

FEBRUARY 9, 2024

Of course, the more data you need and the more sophisticated your methods are, the more expensive demand forecasting becomes. For example, if you’re introducing a new product and there are no similar products to draw historical data from, qualitative research is a must to reduce risk.

eCommerce 86

eCommerce Inventory Reduction Operations Modeling Software 86

Logistics Viewpoints

APRIL 7, 2022

As an example, a major retailer whose market presence is in the Americas realized that several of their shipments that originate in China pass through Russia to make their way to the west and are now subject to shipment backlogs. Some may have believed themselves to be immune at one point, but now their perspective is shifting.

Supply Chain Design Software 143

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 143

Logistics Viewpoints

FEBRUARY 8, 2022

For example, they might browse products online, but visit a brick-and-mortar store to finalize their selection. As just one example, Nike’s online sales grew by 75% in 2020 — but its profit margins fell from 45.5% due to the higher costs associated with online selling. The next step? Transportation: Moving to a Digital Environment.

Optimal Sourcing 112

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 112

Logistics Viewpoints

OCTOBER 10, 2022

Can you give me a concrete example of how your risk management solution detected a threat and came to the rescue? For example, to build that plant, the company would need to work with a construction company or companies. Then of course, our own team needs constant training because our initiative is evolving over time.

Supply Chain Planning Software 134

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 134

UL EHS- Sustainability

OCTOBER 31, 2019

But the most successful learning and development teams also understand how to measure the success of each training course and react accordingly. The best training strategy in the world can’t fix operational issues. Example: Testing an employee’s skills before and after the training to identify performance improvement.

Buyer Training 40

Buyer Training Optimal Sourcing Expense Reduction Cost Reduction 40

Logistics Viewpoints

JUNE 20, 2022

China, for example, only produces 14% of their total units, only 3% of those units end up being exported to the United States and 2% to EMEA. Achieving agility with a strategy to sell goods in the same region they are produced in, “has never been more important,” Mr. Bailey exclaimed. That of course, works to VF’s advantage as well.

Supply Chain Planning Software 126

Supply Chain Planning Software Supply Chain Software Manufacturing Procurement Supply Chains 126

Ship Monk

JULY 27, 2022

We’re talking, of course, about demand forecasting, or the process of predicting customer demand for a product or service. Keep reading to learn what demand forecasting is, why you need it, and how to implement it into your eCommerce strategy! The COVID-19 pandemic was a prominent example. #5 What is Demand Forecasting?

eCommerce 52

eCommerce Inventory Reduction Cost Reduction Price Reduction 52

Logistics Bureau

AUGUST 1, 2022

Often, in our experience, the problem is a human one… It’s not the data, not the process, not the technology, or the strategy, but the people. So, for example, the Head of Supply might be the Supply Chain Director, Supply Chain Manager, or another non-executive supply chain management specialist. The Supply Chain Head.

Supply Chain Planning Software 104

Supply Chain Planning Software Scenario Planning Operations Supply Chain Design Software 104

Blue Grace Logistics

MARCH 13, 2018

For example, a company shipping high-value electronics, will want to check with their 3PL about security protocols. Is there a system in place to alert management when drivers divert course? Shippers should ask themselves if their 3PL understands their business and customer base. Are trucks secured?

Cost Reduction 48

Cost Reduction Price Reduction 3PL Strategy 48

Freightos

APRIL 27, 2023

This was, of course, an extremely popular use case for market data. We tend to focus on pivotal events like COVID supply chain issues or the Russian invasion of Ukraine as game-changing events. Legibility, followed by analysis and the ability to take action can literally change industries. And they are.

Data 62

Data Freight Optimal Sourcing Supply Chain Software 62

Logistics Bureau

JULY 10, 2018

While the development of a wholly demand driven supply chain (DDSC) might not be for every enterprise, there is no doubt that many can benefit from such as strategy. “In a world that’s changing really quickly, the only strategy that is guaranteed to fail is not taking risks.” ” – Mark Zuckerberg.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Design Software Inventory Reduction Supply Chain Software 48

Logistics Business Magazine

OCTOBER 9, 2023

Enhanced route planning Up to now a driver has set off with a fixed route, perhaps a regular round, or one planned a day or two earlier, and it is up to him/her to work out the best response to an accident, traffic jam or other event as and when these arise. A minor example is some work we recently did for Birlea.

Warehousing 58

Warehousing Sourcing Strategies Supply Chain Planning Software Resource Reduction 58

AIMMS

FEBRUARY 3, 2020

This promises to be a very eventful year. The Institute of Forest Management from the Technical University of Munich developed an AIMMS model that helps forest enterprises consider risks and strategies for carbon mitigation. 2020 seemed a world away just a few years ago and yet, here we are. Here are three trends to consider. .

Supply Chain Planning Software 133

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 133

Locus

MARCH 27, 2024

Mix it up with omnichannel Omnichannel retailing , the strategy that integrates all shopping channels like online or in-store isn’t just a buzzword—it’s a cost-saving revolution for retail businesses. In essence, omnichannel strategies turn logistical challenges into advantages, making deliveries more efficient and cost-effective.

Cost Reduction 52

Cost Reduction Inventory Reduction Expense Reduction Resource Reduction 52

Morai Logistics

AUGUST 7, 2019

Of course, what makes extreme weather so troublesome for supply chains is that it’s unpredictable and can come in many forms. At times the weather event that hits a supply chain will be too great to overcome. For example, a supply chain’s warehouse should be able to withstand strong wind without being breached.

Supply Chain Planning Software 68

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 68

Logistics Viewpoints

MAY 27, 2021

In my Logistics Viewpoints article in April 2021, Building Profitability with Agility while Digitally Transforming the Supply Chain , I mentioned that we will continue to explore here the concrete steps in the digital journey and examples of determination from the top in addition to logistics operations. and Unnu, Kaan. [2]

eCommerce 138

eCommerce Optimal Sourcing Supply Chain Software Supply Chain Planning Software 138

Logistics Business Magazine

MAY 5, 2020

With current events in mind, managing future supply chain disruptions will be an integral component of corporate strategy. How then to build a strategy? Like any other strategy, the process seems logical: review, assess, and mitigate. As mentioned, this should not be an exercise limited to supply chain professionals.

Supply Chain Planning Software 45

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 45

Logistics Bureau

NOVEMBER 16, 2020

You are not alone, especially as in the time since we first penned this article, one huge and unforeseen event has raised awareness of the global importance of this vital sector—and shown it to be an attractive career choice. That event was the global COVID-19 pandemic, which erupted during the first half of 2020. Networking.

Supply Chain Planning Software 115

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

GlobalTranz

FEBRUARY 25, 2021

For example, the reverse logistics process includes the management and the sale of surplus as well as returned equipment and machines from the hardware leasing business. Normally, logistics deal with events that bring the product towards the customer. Integration with Supply Chain Partners will Improve Your Return Logistics Strategy.

Reverse logistics 84

Reverse logistics Inventory Reduction Cost Reduction Material Savings 84

GlobalTranz

DECEMBER 5, 2018

For example, a black swan event may include both the physical damage and ongoing disruption caused by a hurricane and subsequent bottlenecks, so shippers that know how to isolate the causes of poor visibility and areas that are likely to contribute to worsening of black swan events can effectively reduce their chances of coming to fruition.

Price Reduction 67

Price Reduction Resource Reduction Cost Reduction Inventory Reduction 67

Logistics Viewpoints

FEBRUARY 17, 2023

The American and Canadian militaries believe that the balloon was for surveillance, while the Chinese government said it was a civilian meteorological research airship that had blown off course. The booming shopper interest in sustainability is having a major influence on supermarket operating strategies. Retailers in the U.S.

Supply Chain Planning Software 121

Supply Chain Planning Software Logistics Network Optimization Software Cost Reduction Waste Reduction 121

WorkWave

JANUARY 16, 2022

Forecasters can determine the probability of severe weather events with increasing validity due to advancements in technology. There are many different types of severe weather events — from floods to droughts and everything in between. This way, you can both move quickly in the event of an emergency. Personal Support Network.

Modeling Software 52

Modeling Software Resource Reduction Events Scenario Planning 52

AIMMS

FEBRUARY 3, 2020

This promises to be a very eventful year. The Institute of Forest Management from the Technical University of Munich developed an AIMMS model that helps forest enterprises consider risks and strategies for carbon mitigation. 2020 seemed a world away just a few years ago and yet, here we are. Sustainability on the agenda.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 62

Ship Monk

FEBRUARY 12, 2024

They got what they paid for; no mystery or misleading turn of events. This is just an example of course, but it’s the perfect one to illustrate how impactful a review on a product page can be. Contact email that responds rapidly The best ecommerce brands will offer all three outlets as part of their strategy to reduce returns.

Inventory Reduction 59

Inventory Reduction Material Savings eCommerce Resource Reduction 59

Talking Logistics

SEPTEMBER 20, 2017

Here’s an easy way to think about the regular and potential future disruptions that could impact your ocean shipping strategy, and what you can do to prepare for what comes next. At these times of the year, you should see less risk to your standard ocean shipping strategy. History can inform how we approach the next significant event.

Scenario Planning 63

Scenario Planning Freight How To Negotiating Skills 63

Logistics in War

NOVEMBER 8, 2018

In making it possible that this rifle round be delivered ‘each day, every day’, his example implicitly recognised the control required to make Army’s part of the Defence logistics system work. Efficiency must be an outcome of a well-designed strategy, and not just the planning outcome desired.

Supply Chain Design Software 80

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Modeling Software 80

Logistics Bureau

APRIL 4, 2022

The answer is to benchmark your freight, of course. At Logistics Bureau, we want to help you with that, so we’re publishing this brief guide to help you if you haven’t already included freight benchmarking in your management strategies or want to benchmark more effectively than you are now.

Negotiating Skills 82

Negotiating Skills Purchasing Skills Logistics Network Optimization Software Supply Chain Planning Software 82

Forto

SEPTEMBER 1, 2021

Major calendar events are – quite literally – casting their shadows ahead for the supply chain: Golden Week in China, Black Friday and Cyber Monday on November 26 and 29, and of course Christmas holidays and also Chinese New Year are already just a few logistics steps away. But what exactly do these seasonal events entail?

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chains Security Scenario Planning 52

Stord

JANUARY 11, 2022

However, the last two years have taught us that this approach simply is not good enough anymore; existing and planned supply chain investments, improvements and overall strategies need to be re-thought. For example, the price of 42# linerboard has gone up 35% in the last 12 months, over the course of 4-5 price increases.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Optimization Software Optimal Sourcing 78

GlobalTranz

JULY 14, 2015

For example, a subtle change in hydraulic pressure may still permit the machine to operate. However, over the course of several months, this slight change in pressure could cause permanent damage to the machine, or it may cause additional problems for other aspects of the manufacturing process.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

Forto

MARCH 17, 2020

What communication strategy should logistics companies rely on in times of crisis? In this way, we ensure that our contact persons are available for our customers and partners at the usual times, and especially in the event of a quarantine. . A continuous flow of information to their own customers is extremely important, but disrupted.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Modeling Software Supply Chain Software Logistics 52

Logistics Business Magazine

JANUARY 11, 2023

The hydrogen strategy to make the port a European hydrogen hub for the import, local production and throughput of green hydrogen and hydrogen carriers will be further refined. Jacques Vandermeiren, CEO Port of Antwerp-Bruges: “2022 was, once again, an eventful year, with many logistical and geopolitical challenges.

Price Reduction 52

Price Reduction Logistics Network Optimization Software Cargo Digital 52

Logistics Bureau

JANUARY 8, 2019

Bitcoin as an Example of Blockchain. The brief description of blockchain above may seem a bit abstract, so let’s look closer at the real-life example of Bitcoin. However, it also happens to be the most well-known example. It is also just one particular example. Bitcoin is just one way of using blockchain.

Supply Chain Design Software 85

Supply Chain Design Software Supply Chain Software Supply Chain Design Optimization Software 85

GlobalTranz

FEBRUARY 23, 2016

As the supply chain continues to grow in complexity and regulation, the opportunities for problems and other events to impact operations negatively will consequently grow. For example, one risk could be a sudden increase in demand for a product. However, this does not necessarily imply that something bad happened. Focus on Resilience.

Supply Chain Planning Software 69

Supply Chain Planning Software Supply Chains Scenario Planning Resource Reduction 69

GlobalTranz

AUGUST 19, 2015

Getting your BMC-84 bond and developing a rock-solid marketing strategy are just some of the steps you'll learn about. So if you're making a career switch and need to learn the ins and outs of freight brokering quickly, definitely consider taking a course. 10 Powerful Mobile Apps for Freight Brokers & Agents.

Resource Reduction 84

Resource Reduction Freight Training Blog 84

GlobalTranz

AUGUST 9, 2017

Parcels are no longer bound by weight or size dimensions, and parcels can easily entail a multi-carrier shipping strategy. For example, a carrier’s fuel surcharge may vary from week to the next. For example, if a package exceeds a given volume, assuming it is a low-weight package, it may be subject to additional surcharges to ship.

Negotiating Skills 49

Negotiating Skills Price Reduction Cost Reduction Waste Reduction 49

GlobalTranz

MARCH 8, 2016

This blog post is from Nick Rojas on how to increase your brand identity in offline events, such as trade shows. Does it sometimes feel like all your marketing strategy is focused on social media, websites, blogs and online content – when what you really need for this campaign is a focus on offline branding? Face to Face.

Material Savings 49

Material Savings How To Supply Chain Design Software Blog 49