GlobalTranz

DECEMBER 5, 2016

While many argue against robotics , robots have become an integral part of efficient, effective manufacturing, and failure to understand the what robots in manufacturing mean will leave your company trailing behind your competitors. Robotics boost manufacturing by creating an efficient means of completing specific products.

Manufacturing Procurement 104

Manufacturing Procurement Sourcing Strategies Efficiency Operations 104

Logistics Bureau

APRIL 3, 2023

So, for example, outsourcing sales activity is not typically a good idea if yours is a retail sales company. But, of course, what those circumstances are is for you to decide. But just because you can outsource it all doesn’t mean you should. Without further ado, then, let’s move on so I can fulfil the promise above.

Outsourcing 87

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 87

Forto

JANUARY 10, 2020

And with these factors as your tailwind we think that the following 8 strategies will take your business to the next level. In order to identify suitable cost saving measures, FreightHub offers companies exporting to China the opportunity to review their logistics strategy with our logistics expert. Finding The Best Costs.

Cost Reduction 40

Cost Reduction Price Reduction Sourcing Strategies Strategy 40

3PL Links

FEBRUARY 19, 2024

Image source: Flickr | Navigating Trends and Projections in Logistics for 2024 The logistics industry is always changing due to fluctuations in the market, technology advancements, and the never-ending quest for efficiency. Technology: The Engine of Transformation Technology will always be at the center of innovation and development.

Sourcing Strategies 48

Sourcing Strategies Trends Inventory Reduction Logistics Network Optimization Software 48

Logistics Viewpoints

AUGUST 22, 2023

That’s when you can course correct in any number of ways that make your business more efficient and your customers happier. And modern, API-first data strategies have vastly improved portability, ensuring data can be easily moved and shared between any cloud and any application. In other words, visibility is an enabler.

Supply Chain Planning Software 112

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 112

Logistics Business Magazine

OCTOBER 9, 2023

That in turn can assist with the next topic, that of efficient order picking, which of course has its own pathing and routeing issues. Efficient picking A lot of the noise around AI in the supply chain is around issues like inventory and ordering. A minor example is some work we recently did for Birlea.

Warehousing 61

Warehousing Sourcing Strategies Supply Chain Planning Software Resource Reduction 61

IoT World Today

MAY 21, 2020

Supply chain recovery hinges on incorporating robust data analytics and other data-driven tools into business operations to increase efficiency, reduce costs and proactively manage risk. Supply chains will survive COVID-19, of course, but not without interim pain and structural change. Erratic consumer demand adds further dysfunction.

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 145

Logistics Viewpoints

JUNE 20, 2022

Mr. Bailey has worked most of his career at VF – as an industrial engineer in facilities, in strategic sourcing, running offshore operations, and now as the person in charge of the company’s entire supply chain. VFC’s supply chain sourced over 410 million units of apparel, footwear, and accessories in their last fiscal year.

Supply Chain Planning Software 127

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

Stord

MAY 15, 2024

Customer satisfaction hinges on more than just the quality of the products purchased; it's also deeply influenced by the efficiency and reliability of the delivery process. For example, parcel carriers normally sort and scan only in the evenings, and with a few exceptions only on weekdays. In e-commerce, every second counts.

Sourcing Strategies 78

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

Logistics Bureau

JANUARY 7, 2020

Of course, it is helpful to have some statistics on hand to validate the statement above. Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. What’s wrong with this picture?

Supply Chain Design Software 122

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 122

FreightWaves SONAR

JANUARY 21, 2021

Are you using your trucking assets as efficiently as possible? And of course, it hinges on the ability to understand and maintain consistency in your metrics. . The biggest barrier to efficiency in supply chain agility rests with an inability to see, capture or analyze freight data.

Data 98

Data Sourcing Strategies Tips Optimal Sourcing 98

SYSPRO Smarter ERP

NOVEMBER 25, 2021

A faster, more efficient, more effective production process resulting in a shorter time-to-market. Increased efficiencies, reduced costs, boosted profits, and ultimately growth. IoT and connectivity combined with analytics and artificial intelligence (AI) will improve asset efficiency, decrease downtime and unplanned maintenance.

Factories 105

Factories Supply Chain Design Software Supply Chain Planning Software Optimization Software 105

FreightWaves SONAR

NOVEMBER 19, 2020

Global supply chains suffer from limited visibility and a general want for supply chain intelligence in carrier sourcing , freight tendering and all other processes. Of course, no disruption comes close to those that have been experienced to date in 2020. Consider this example. Consider this example. . It’s that simple.

Supply Chain Software 105

Supply Chain Software Supply Chains Scenario Planning Sourcing Strategies 105

Logistics Viewpoints

OCTOBER 10, 2022

Risk management solutions scrape data from hundreds of thousands of online & social-media sites, but Autoliv also has access to sources of information that they pay for. They wanted these diverse sources of information pulled together in one central, user-friendly location they call their “garage.” And we are making progress.

Supply Chain Planning Software 135

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 135

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 144

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 144

SYSPRO Smarter ERP

NOVEMBER 24, 2021

A faster, more efficient, more effective production process resulting in a shorter time-to-market. Increased efficiencies, reduced costs, boosted profits, and ultimately growth. IoT and connectivity combined with analytics and artificial intelligence (AI) will improve asset efficiency, decrease downtime and unplanned maintenance.

Factories 98

Factories Supply Chain Design Software Supply Chain Planning Software Optimization Software 98

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 Business Magazine

JULY 6, 2022

Of course, with global energy prices soaring, the commercial incentive for operating in an environmentally conscious way has never been greater. For example, as part Combilift’s drive to help customers achieve their aims of more sustainable operations, over 60% of the company’s output is now electric.

Supply Chain Planning Software 63

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Sourcing Strategies 63

Logistics Viewpoints

MAY 5, 2021

There is of course a system of checks and balances for global corporations when looking at supply chain sustainability, as even though they may have the best intentions, profitability is still the main business driver. Manley highlighted another area of sustainability that is part of its strategy: eliminating single use plastics.

Supply Chain Design Software 119

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chains 119

Logistics Viewpoints

FEBRUARY 28, 2022

In the course of updating our annual research on the supply chain planning market , I talked to executives across the industry. Alex Pradhan, Product Strategy Leader John Galt Solutions, told me that “all planning vendors have bold marketing around AI.” Lead times, for example, are a critical form of master data for planning purposes.

Supply Chain Planning Software 170

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 170

EazyStock

JANUARY 27, 2021

In addition to shorter lead times, lower shipping costs, no tariffs and a typically lower MOQ, domestically-source products usually are higher quality – plus, sourcing domestically can work as an attractive marketing strategy. However, these tend to be less efficient and products are usually more expensive.

Supply Chain Software 96

Supply Chain Software Supply Chain Planning Software Inventory Reduction Supply Chains 96

Logistics Bureau

JANUARY 9, 2019

Of course, it is helpful to have some statistics on hand to validate the statement above. Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. Mini Case Study: Walmart.

Supply Chain Design Software 118

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

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 Viewpoints

JUNE 6, 2022

Transportation is, of course, a major source of green house emissions. Running more efficient routes, with more fully loaded trucks, saves money and reduces emissions. Derek Gittoes, a vice president of supply chain management product strategy at Oracle, said “this is very much an estimate.

Cost Reduction 134

Cost Reduction Price Reduction Supply Chain Planning Software Scenario Planning 134

WorkWave

OCTOBER 7, 2019

People and experiences are what we have always had—automation and efficiency are what most businesses want in this next phase of the service evolution. Every company or business has a strategy, whether clearly articulated or not. Companies also often confuse goals with strategy.

Sourcing Strategies 58

Sourcing Strategies Cost Reduction Digital Buyer Training 58

Logistics Viewpoints

MAY 24, 2022

Of course, you will need a team of dedicated IT specialists to keep the system running. To decide which is best for you, take a close look at your business model and determine what option – or combination of options – best accommodates your operating strategy, technology stack and budget. So, how does automation fit in?

Modeling Software 113

Modeling Software Logistics Network Optimization Software Supply Chain Software Automation 113

SYSPRO Smarter ERP

JANUARY 19, 2022

Many businesses in the US, and elsewhere, were sourcing their componentry from China. For example, one of the main problems with Asian-US trade is that all container ship deliveries are now routed to the West Coast, even though the bulk of America’s manufacturers are based on the East Coast. The benefits of ERP.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 105

3PL Links

JANUARY 31, 2023

7 Best Tips for Inventory Management To Avoid Losses | Image source: AR Racking Inventory management is likely the most crucial success component if you sell products through an online store. As a result of only investing in an expensive marketing strategy, you immediately miss the point. In a nutshell, a situation to avoid.

Inventory Reduction 62

Inventory Reduction Inventory Tips Expense Reduction 62

Freightos

OCTOBER 26, 2020

The following is a 5,000 word exploration of Maersk’s strategic shift to end-to-end logistics services, based on open sources. So three months after an executive meeting on June 23rd , an updated strategy was released, tracking a radical shift into a slimmer Maersk, focused on providing end-to-end logistics services.

Logistics Network Optimization Software 114

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Price Reduction 114

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 100

Supply Chain Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 100

Logistics Viewpoints

NOVEMBER 21, 2022

Those brands include Pepsi, of course, but also Lay’s, Quaker, Doritos, Cheetos, and Gatorade. Because of the food giant’s size, their sustainability strategy also is very broad. Reduce miles, reduce touches, become more efficient all the way through” your supply chain. Technology is used to help in this endeavor.

Food and Agriculture 113

Food and Agriculture Supply Chain Planning Software Supply Chain Design Software Purchasing Skills 113

SYSPRO Smarter ERP

NOVEMBER 3, 2021

The SCOR (Supply Chain Operations Reference) methodology has six high-level business activities that define the supply chain – plan, source, make, deliver, return, and enable. This may lead to any number of follow-up actions, for example: Redesigning sourcing or material strategies. Warehousing KPIs. Outbound KPIs.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 105

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. Trade Lanes and Risk Categories. Lastly, consider materials. Risk Assessment.

Supply Chain Planning Software 46

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 46

Logistics Viewpoints

JUNE 29, 2021

When you’re ingesting and synthesizing data from dozens or hundreds or millions of sources (as most sophisticated platforms do nowadays), you will see duplicated records, incomplete fields, formatting inconsistencies, different languages, different units of measurement. And better data science leads to better business outcomes for customers.

Data 146

Data Supply Chain Design Software Supply Chain Planning Software Digital 146

Logistics Business Magazine

JULY 28, 2022

Without having an overview of the location and status of inventory, or the ability to forecast customer demand to prepare for a surge in sales, businesses could not react quickly enough and plan the right course of action. On top of this, businesses struggled with both sourcing and receiving products. For example, the U.S.

Supply Chain Planning Software 64

Supply Chain Planning Software Supply Chain Software Supply Chains Manufacturing Procurement 64

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

Blue Grace Logistics

SEPTEMBER 12, 2017

Results from the 2017 study show that roughly 75% of respondents are using the mix strategy (be all things to all people) as the predominant approach for their companies compared to the 51% who we reported utilizing a mix strategy in our 2016 results. Cost is, of course, another important aspect of running a successful business.

Cost Reduction 66

Cost Reduction Logistics Network Optimization Software Price Reduction Sourcing Strategies 66