Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? At that point, each SKU will be taken to any convenient storage location in the warehouse.

Inventory Reduction 88

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 88

AIMMS

SEPTEMBER 28, 2020

Insights from Gartner’s Hype Cycle for Supply Chain Strategy, 2020. Gartner’s Hype Cycle for Supply Chain Strategy, 2020 offers some guidance. In the report, you will find capabilities across five categories: technologies, competencies, frameworks, operating model strategies, and organizational models. Firefighting is the norm.

Supply Chain Design Software 166

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 166

Logistics Business Magazine

OCTOBER 9, 2023

Edward Napier-Fenning, Sales & Marketing Director of leading supply chain software company Balloon , explores five key areas that can boost performance – including route planning, picking, labour management reporting and data entry. Quite suddenly, Artificial Intelligence (AI) is everywhere.

Warehousing 64

Warehousing Sourcing Strategies Supply Chain Planning Software Resource Reduction 64

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. COVID adversely affected many multinationals.

Supply Chain Planning Software 127

Supply Chain Planning Software Supply Chain Software Manufacturing Procurement Supply Chains 127

Logistics Business Magazine

MARCH 15, 2024

Together with his son Johannes Danieli (project manager), the founder has therefore set the course entering new markets to offer a solution to these growing demands. For example, conveyor belt systems with motors and sensors have already been pre-assembled in medium-sized quantities of up to 500 units per project.

3PL 66

3PL Modeling Software Logistics Network Optimization Software Capacity 66

Stord

MAY 15, 2024

For example, parcel carriers normally sort and scan only in the evenings, and with a few exceptions only on weekdays. Some shippers might even simply print the label and not even pick and pack for a day or more! When packages languish due to extended dwell times, the immediate consequence is, of course, delayed deliveries.

Sourcing Strategies 78

Sourcing Strategies Logistics Network Optimization Software Supply Chain Design Software Packaging 78

Logistics Bureau

OCTOBER 12, 2020

Golden Rule #1: Meaningful KPIs Require a Meaningful Strategy. I’ve written many posts on this blog about the importance of having a supply chain strategy aligned with the overall business plan, and why it is a mistake to have misaligned strategies. I’ve also described some of the issues that can arise from such an error.

Supply Chain Software 62

Supply Chain Software Supply Chains Material Savings Sourcing Strategies 62

Logistics Viewpoints

JANUARY 25, 2024

Some try delving into deep learning or a crash course in generative AI (GenAI), but I don’t recommend starting there. Instead start with the foundation of your AI strategy, which should be an understanding of your company’s supply chain and your data. Getting started with AI in supply chain might not start where you think.

Supply Chain Planning Software 139

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 139

Logistics Bureau

OCTOBER 9, 2023

Labour productivity: Efficiency and productivity of picking, packing, and shipping activities. Competitor intelligence: Distribution strategies and network designs of your competitors. Order picking, packing, transportation processes, and inventory management practices and procedures are all worthy targets for standardisation.

Supply Chain Design Software 91

Supply Chain Design Software Supply Chain Design Distribution Networks 91

Ship Monk

MAY 26, 2022

Below are just a few examples of different robots that 3PLs can use to enhance productivity. Picking and Packing Robots benefit fulfillment facilities in terms of speed and accuracy. Exemplary 3PLs don’t have to use all of these robots, of course, just as a great fruit salad doesn’t need to use every kind of fruit in existence.

3PL 52

3PL Cost Reduction Supply Chain Software Optimization Software 52

Logistics Bureau

MAY 31, 2021

Naturally, overall cost-to-serve will be higher for online than in-store sales due to the added expense involved in picking, packing, and delivering customers’ purchases. For example: Compared to selling a product in-store, the cost to deliver that same item as a small parcel can be several times higher. Equipment use.

Cost Reduction 117

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 117

Conger

JULY 6, 2023

Develop Your Operator Trainer Course Materials: Per OSHA , the program must include practical (hands-on) training to know whether or not the operator has the required experience. Examples include when the operator has been involved in an incident or near miss, been observed driving in an unsafe manner, or if workplace conditions change.

Buyer Training 52

Buyer Training Training Material Savings Course 52

Stord

MAY 30, 2022

Shipping Soulmates - Matthew Hertz (Episode 1) Matthew Hertz, co-founder at Second Marathon , joins Alex to discuss the current obstacles brands face and how they can pick the right 3PL to overcome them. A “what’s next” strategy has made brands more thoughtful towards contingencies and redundancies. Of Course You Do!

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 60

FreightWaves SONAR

JANUARY 21, 2021

And of course, it hinges on the ability to understand and maintain consistency in your metrics. . As a few examples, these are four critical KPIs to focus on: Owner-operator to driver ratio – A lower ratio here means more opportunities for in-house drivers who bring more affordable rates. .

Data 98

Data Sourcing Strategies Tips Optimal Sourcing 98

Logistics Bureau

NOVEMBER 8, 2021

So, for example, if your business competes strongly on price, you might go heavy on the cost-reduction side of supply chain management, setting objectives centered on savings. Whatever your competitive strategy, though, your supply chain goals should support it. Conflicting KPIs: A Brief Example.

Supply Chain Software 82

Supply Chain Software Supply Chains Scenario Planning Cost Reduction 82

10xLogistics

DECEMBER 24, 2017

customer pick up) is growing rapidly and it touches the consumer. Build the transportation assets yourself - i.e., Amazon's acquisition of planes and doing "power only" where Amazon owns the trailers, are examples of this. The problem with this strategy is the "crunch" is with the power not with the trailer.

Material Savings 54

Material Savings Logistics Network Optimization Software Strategy Modeling Software 54

Material Handling and Logistics

AUGUST 31, 2018

Of course, the investment is intended to impact the bottom line, but when employees feel that their organization cares about them and wants to make their lives better, they want to reciprocate and are more invested in the organization’s success. The point here is the pick efficiency and speed mean nothing if replenishment can’t keep up.

Supply Chain Design Software 145

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

GlobalTranz

JULY 21, 2015

For example, employing pick to light or pick to voice systems may improve labor productivity by reducing throughput times and reducing errors, thereby reducing the labor required to fulfill orders. It guarantees its customers 30% savings over their current 3PL’s pick, pack, ship and value-added service charges.

Cost Reduction 94

Cost Reduction 3PL Purchasing Skills Strategy 94

GlobalTranz

NOVEMBER 10, 2016

Build Touch-Plan Strategies For Different Order Types. These facts imply a touch-point strategy should be in place for different types of orders placed, including e-commerce orders. For example, single-item orders should only have one touch point, but multi-item orders for a store should have at least two touch points.

Warehousing 102

Warehousing eCommerce Resource Reduction Cost Reduction 102

Logistics Bureau

FEBRUARY 6, 2023

2: Using KPIs That Are Not Aligned with Supply Chain Strategy We’ve stated many times in our articles that a supply chain strategy can only succeed when aligned with the overall business strategy. The whole point of KPIs is to show you how effectively your strategy is working by indicating progress toward your strategic goals.

Supply Chain Software 101

Supply Chain Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 101

GoShip Blog

FEBRUARY 8, 2024

In this guide, we will give you the tools you need to better your shipping strategy. The course of action you need to take will ultimately depend on the type of damage that affects your freight shipments. For example, changes in climatic zones and moisture content result in container rain , leading to damaged freight.

Freight 52

Freight How To Cost Reduction Document 52

Conger

JULY 6, 2023

10 OSHA Forklift Refresher Training Examples How to Choose a Quality Forklift Refresher Training Program Where to Find Forklift Refresher Training Courses Forklift Refresher Training Formats: Online, In-Person, and Hybrid Common OSHA Forklift Refresher Training Requirements Questions What Are OSHA's Forklift Refresher Training Requirements?

Buyer Training 52

Buyer Training Training Material Savings Course 52

Logistics Viewpoints

OCTOBER 10, 2022

Mr. Niebur did not say which risk management solution provider they picked, but I suspect they implemented a solution from riskmethods. Can you give me a concrete example of how your risk management solution detected a threat and came to the rescue? The implementation of this digital risk platform was supported by targetP!,

Supply Chain Planning Software 134

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

Logistics Business Magazine

DECEMBER 21, 2022

Direct-to-Consumer (DTC) is a type of business-to-consumer retail sales strategy where a business will market, sell and ship a product directly to the customer, writes Will Lovatt, General Manager and Vice President, Deposco Europe. It is not possible to pick a single item with a forklift truck, for example.

Modeling Software 73

Modeling Software Supply Chain Software Logistics Network Optimization Software Inventory Reduction 73

Conger

JANUARY 17, 2023

5S Warehouse Examples 5S Warehouse Training: How to Get Your Team Ready How to 5S a Warehouse Warehouse 5S Checklist Warehouse 5S FAQs Warehouse 5S Quiz What Is 5S? Warehouse 5S is a lean management strategy that helps warehouses accomplish a basic objective: making problems visible. Table of Contents What Is 5S? Green tag/red tag.

Waste Reduction 52

Waste Reduction Inventory Reduction Cost Reduction Resource Reduction 52

Logistics Bureau

JANUARY 21, 2020

For example, the seemingly unstoppable Amazon surprised pundits by reporting lower year-on-year profits in the third quarter of 2019. . Such is Amazon’s dominance of online retail, that every competitor is challenged to follow in the company’s footsteps, let alone pick at the edges of its market share. Let’s dive in and take a look.

Inventory Reduction 62

Inventory Reduction Cost Reduction Expense Reduction eCommerce 62

Logistics Bureau

AUGUST 2, 2021

For example, you might use simple observation to identify visible defects at goods-in, or you could make your analysis a bit deeper by testing a percentage of items received from the supplier. For example, every purchase order costs money to raise and process, as does every invoice. Supplier Defect Rate.

Procurement Analytics 118

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 118

Logistics Bureau

AUGUST 7, 2023

Standardise and Digitise The key to managing complexity, of course, is to be organised. The ecommerce logistics practitioner must instead integrate reverse logistics into his or her company’s inventory management strategies and processes. Try to establish consistency in the identification of your company’s products. Why is this?

Inventory Reduction 91

Inventory Reduction eCommerce Inventory Procurement Solutions 91

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. Integration with Supply Chain Partners will Improve Your Return Logistics Strategy. Of course, customers may opt to complete a return in-person.

Reverse logistics 84

Reverse logistics Inventory Reduction Cost Reduction Material Savings 84

AIMMS

SEPTEMBER 28, 2020

Insights from Gartner’s Hype Cycle for Supply Chain Strategy, 2020. Gartner’s Hype Cycle for Supply Chain Strategy, 2020 offers some guidance. In the report, you will find capabilities across five categories: technologies, competencies, frameworks, operating model strategies, and organizational models. Firefighting is the norm.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 62

Ship Monk

JANUARY 29, 2024

Within the course of one online chat, an isolated email response, or a single phone call, someone who bought from your ecommerce brand can be influenced whether or not to buy from you again. Of course it is, right? And no, that wasn’t an exaggerated example to make a point. Let’s find out the TOP 10 now! Move Like the Wind!

eCommerce 83

eCommerce Logistics Network Optimization Software Eliminating Excel in Purchasing Supply Chain Software 83

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. Imagine a customer browsing online, then picking up their order in-store, or vice versa.

Cost Reduction 52

Cost Reduction Inventory Reduction Expense Reduction Resource Reduction 52

Logistics Bureau

MAY 3, 2021

Some have hit on the right strategies and are thriving in the new normal, and others are struggling. It was perhaps fortuitous that Target began implementing a strategy to focus on fulfillment from stores back in 2019. Kohl’s, for example, embarked on a partnership with Amazon to handle its customer returns.

Supply Chain Planning Software 71

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 71

Logistics Bureau

SEPTEMBER 28, 2020

The key difference between the two can perhaps be explained in the following example: A 3PL provider working with a paint manufacturer may package and store products as well as transport them to retailers and/or customers. The best example of a 4PL model is Amazon.com. million pallets per year from some 4,000 pick-up points.

4PL 116

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

Logistics Business Magazine

DECEMBER 9, 2021

The OPX iGo neo horizontal order picker is a vehicle that autonomously follows the operator at every step during order picking. It therefore provides ergonomic order picking that is unique in the market. It reacts to its operator and the environment. If desired, the robotic vehicle can be kept permanently up-to-date.

Modeling Software 62

Modeling Software Cost Reduction Material Savings Logistics Network Optimization Software 62

Logistics Business Magazine

APRIL 8, 2022

Of course, like other sectors, the beverage industry is also dealing with the fall-out from the pandemic and the surge in e-commerce sales. Toyota’s automated forklifts (AGV’s), for example, deliver a typical ROI period of between 12 and 36 months. Space constraints. Production efficiency.

Supply Chain Software 60

Supply Chain Software Automation Material Savings Cost Reduction 60

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 84

eCommerce Operations Inventory Reduction Modeling Software 84