Logistics Viewpoints

FEBRUARY 28, 2023

Despite becoming commonplace in commerce in recent years, companies have yet to unlock the full competitive advantage an Order Management System (OMS) can bring to their operations. It is making use of inventory that is the easiest/fastest to get to the customer, no matter through which channel the order was placed.

Optimal Sourcing 118

Optimal Sourcing Inventory Reduction Sourcing Strategies Vendor Strategies 118

Logistics Viewpoints

APRIL 6, 2023

The urgency of response to a disruption of a Category 1 supplier is of course much higher than that of a Category 4 supplier. The post The One Key Shift in Your Supply Chain and Procurement Strategies that can Drive Better Business Continuity and Resilience appeared first on Logistics Viewpoints.

Optimal Sourcing 121

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Procurement Analytics 121

The Logistics of Logistics

NOVEMBER 10, 2023

Tim Higham and Joe Lynch discuss the free TMS, which is of course AscendTMS. Prior to starting AscendTMS, Tim co-founded and ran a national 3PL, where he invited Palm Beach Capital LLC to become minority equity shareholder in July, 2009 in order to speed both internal growth and outside acquisitions. AscendTMS).

Logistics Network Optimization Software 371

Logistics Network Optimization Software Sourcing Strategies Optimal Sourcing Cost Reduction 371

Morai Logistics

OCTOBER 14, 2020

This article by Morai Logistics covers 5 steps companies should be taking in order to make their reverse logistics process more successful. The post Reverse Logistics: The 5 Keys to a Successful Strategy appeared first on Morai Logistics Inc. Figure out the why Behind Returns. Returns shouldn’t be a mindless process.

Reverse logistics 78

Reverse logistics Cost Reduction Strategy Logistics Network Optimization Software 78

EazyStock

DECEMBER 13, 2020

In a perfect world, supply chain managers would be able to foresee every possible risk and threat to their supply chain and have a strategy prepared to successfully address any challenges when the moment came. Uncertainty is all but guaranteed in 2021 – the best course of action is to mitigate whatever risks you can.

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Supply Chain Planning Software Cost Reduction 98

Ship Monk

APRIL 30, 2024

Order Management This is the most important element of ecommerce software. Every part of the fulfillment process from BUY to delivery is critical and the platform responsible for those orders needs to be able to track them at every stage while keeping you updated with complete visibility. How much do I order?

Supply Chain Design Software 87

Supply Chain Design Software Supply Chain Planning Software Optimization Software Modeling Software 87

Logistics Bureau

SEPTEMBER 4, 2023

And, of course, I will also share how knowing your cost-to-serve will help you to solve those all-too-familiar performance gremlins. We’ll begin with a look at pricing strategy. Do You Lack Confidence in Your Pricing Strategies? It’s unlikely, however, that the effects of your pricing strategies are quite that simple.

Negotiating Skills 89

Negotiating Skills Purchasing Skills Cost Reduction Analysis 89

Ship Monk

MARCH 30, 2024

Just as online shoppers have a lot of choices when it comes to where to take their business, ecommerce brands have many options for where to take theirs in terms of order fulfillment. While there are plenty of 3PLs out there that your ecommerce brand could consider for its order fulfillment needs, not all are equal.

3PL 84

3PL Supply Chain Design Software Optimization Software Supply Chain Software 84

Logistics Business Magazine

MAY 7, 2020

The investment forms part of the company’s strategy to expand its training portfolio to facilitate with the new CACES (certificate of safe driving skills) training reforms, which came into effect on 1 st January 2020. The post Encarna Invests in Hyundai and Expands Forklift Training Courses appeared first on Logistics Business® Magazine.

Buyer Training 36

Buyer Training Training Course Eliminating Excel in Purchasing 36

Logistics Viewpoints

FEBRUARY 8, 2024

While predictive analytics seeks to answer questions such as “what might happen in the future,” prescriptive analytics goes beyond by recommending the best course of action going forward. Better still, the model adapts to your DC and evolves as conditions change, providing continuous optimization.

Optimization Software 144

Optimization Software Modeling Software Efficiency Inventory Reduction 144

GlobalTranz

DECEMBER 11, 2018

This will require an LTL and e-commerce focused shipping strategy. Shippers need to know the benefits of combined strategy and a few best practices to develop a winning LTL and e-commerce plan. Some of the top benefits of combined LTL and e-commerce include: More time for customer service and filling orders. Efficient processes.

Price Reduction 54

Price Reduction Waste Reduction Cost Reduction Strategy 54

Logistics Viewpoints

APRIL 6, 2021

There’s no single formula or guide because every company is different, but here are a few strategies that have proven successful for companies across a range of industries. Is it your current order management or warehousing processes that are standing in the way? Track how well you’re able to deliver on the perfect order.

Inventory Reduction 94

Inventory Reduction Vendor Strategies Supply Chain Planning Software Price Reduction 94

Logistics Business Magazine

APRIL 30, 2024

The difficulty of material procurement had grown into a global challenge over the last two years, impacting the daily business at Righi Elettroservizi, which determined it needed to develop a quick response to the changed supply chain environment to remain on course with its growth strategy.

Material Savings 53

Material Savings Supply Chain Design Software Supply Chain Software Supply Chain Design 53

Logistics Bureau

MAY 30, 2022

Our three pillars (or fundamentals) of great supply chain management excellence are strategy, service, and cost. Aligning strategy, service, and financial factors in your supply chain operation is essential to support your company’s overall business strategy , mission, and objectives. The Importance of Alignment.

Inventory Reduction 112

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 112

Logistics Viewpoints

SEPTEMBER 6, 2023

My first impression at that time was the mental image it provoked – a delivery truck pulling up to my house and placing a package that I hadn’t ordered on my front door, but ultimately decided to keep. But a disadvantage compared to physical stores was the wait time between ordering and receipt of merchandise.

Inventory Reduction 140

Inventory Reduction Purchasing Skills Cost Reduction Modeling Software 140

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? The answer is yes, and there is a reason why this random put-away methodology works for Amazon.

Inventory Reduction 87

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 87

CH Robinson Logistics

JUNE 20, 2019

When I talk to worldwide businesses in Asia, Oceania, North America, or anywhere else, their chief concern is always the same: how do we meet our customers where they are to get them the products and services they want, all while keeping our own business strategy central? Purchase order and vendor supervision.

Sourcing Strategies 48

Sourcing Strategies Vendor Strategies Inventory Reduction Resource Reduction 48

Logistics Business Magazine

JULY 30, 2020

KION Group says it has recorded strong order intake in the first half of 2020 thanks to the e-commerce boom, despite a 10% drop in revenue caused by the pandemic and a 50% year-on-year drop in earnings versus 2019 H1. Highlights of the statement are: – Total value of order intake goes up by 4.8 – Revenue decreases by 10.0

Ordering 42

Ordering eCommerce Supply Chain Software Cost Reduction 42

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. Remember, when it comes to ecommerce brand orders, there’s no such thing as over communication. No need to imagine if you over communicate.

eCommerce 82

eCommerce Logistics Network Optimization Software Eliminating Excel in Purchasing Supply Chain Software 82

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 111

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 111

ShipLilly

NOVEMBER 1, 2021

Early planning and paying attention to the warning signs will be the key to fulfilling your orders and keeping your customers happy. If any of the following circumstances apply to you currently or are likely to apply to you soon, it is time to plan for possible outsourcing: Are you dealing with more than 100 orders in any 30-day period?

Outsourcing 98

Outsourcing Price Reduction Cost Reduction Resource Reduction 98

GlobalTranz

FEBRUARY 23, 2018

Omnichannel, as a word and strategy in retail, is shifting. Find out how your organization can empower customers and ensure a positive experience by integrating your systems and selecting the systems that reduce work, hasten order fulfillment and delivery, and reduce costs. Twitter Facebook LinkedIn The post Is Omnichannel Dead?

Course 65

Course Supply Chain Planning Software Supply Chain Design Software Inventory Reduction 65

Logistics Viewpoints

DECEMBER 7, 2023

According to a report by the Council of Supply Chain Management Professionals (CSCMP), over 40% of eCommerce orders in the US undergo at least one change before reaching the customer. AI could automate decisions, freeing up managers to focus on strategy rather than just day-to-day operations. That’s quite telling.

Supply Chain Design Software 146

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 146

Ship Monk

APRIL 4, 2023

It’s been a while since you placed your ecommerce order so it seems like it may be time to face facts. In fact, there are many steps you can take before an order ships to make sure it doesn’t go adrift in the cardboard sea. Of course (see what we did there?) Your package is lost. it’s not always on you.

Packaging 79

Packaging Tips eCommerce Inventory Reduction 79

GlobalTranz

FEBRUARY 28, 2018

Our shippers are now able to book traditional shipments and last mile shipments, selecting options such as room of service, in order to achieve a last mile shipment efficiently. In fact, Cerasis is now working with both traditional LTL carriers who then hand off the last mile to a specialist. A truck that is also a manufacturing facility!

Vendor Strategies 57

Vendor Strategies Course Trends Cost Reduction 57

Stord

MAY 15, 2024

For those unfamiliar, dwell time refers to the gap between a 3PL or fulfillment provider’s marking an order as “shipped, ” and the moment a shipping carrier actually scans the package into its system and truly begins to move the package. The Dwell Time Dilemma “If you’re not measuring it, you’re not managing it.” But it’s not that simple.

Sourcing Strategies 78

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

WorkWave

SEPTEMBER 6, 2023

B2Bs can simulate potential risks and challenges that may arise in their operations by experimenting with different strategies in a risk-free environment. Companies can identify the best course of action, minimize negative impacts and make more informed decisions.

Expense Reduction 96

Expense Reduction Cost Reduction Resource Reduction Scenario Planning 96

SYSPRO Smarter ERP

JUNE 27, 2022

Of course, robotics does not tell the full story, as the world of manufacturing has evolved even further over the last few decades, with the rise of data and smart, autonomous systems. Employers should take advantage of the digital courses offered by ERP providers to prevent any erosion of technological knowledge. The post Industry 4.0:

Buyer Training 105

Buyer Training Factories Supply Chain Design Software Meeting 105

Ship Monk

FEBRUARY 12, 2024

Your customer doesn’t like what they ordered. The order your customer received was damaged. There was something else wrong with the order (missing item, incorrect item, item not as advertised, etc.) 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.

Inventory Reduction 59

Inventory Reduction Material Savings eCommerce Resource Reduction 59

Logistics Viewpoints

JULY 18, 2022

Products, of course, can be picked up at the branches. But online ordering supports in-store pickups of already picked and packed products or curbside pickups. It examines the skills of the people on the team, the process, technology, and strategy associated with supply chain design. Coupa’s maturity model is quite detailed.

Supply Chain Design Software 132

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 132

Logistics Bureau

AUGUST 2, 2021

Purchase Order Cycle Time. Purchase order cycle time is a KPI that measures the elapsed time between raising a requisition request and the transmission of the purchase order to the vendor. Cost per Purchase Order and Cost per Invoice. Calculate it as a ratio of emergency purchases to total purchases for a given period.

Procurement Analytics 117

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 117

Logistics Business Magazine

SEPTEMBER 6, 2023

This highly efficient, fully automated picking system provides up to 40,000 drug packages per hour during peak times on an order-by-order basis while meeting the pharmaceutical industry’s high standards. The system then performs fully automated picking, accelerating processing and accommodating the zero-defect strategy.

Picking 61

Picking Automation Optimization Software Material Savings 61

GlobalTranz

DECEMBER 2, 2014

Editor’s Note: This is our second post in a two part series about how to get your logistics and transportation practices in order in time for holiday shipping or peak season crunches. Core carrier programs and carrier negotiations that once played a fundamental role in shippers’ cost reduction strategies no longer are sufficient.

Cost Reduction 86

Cost Reduction Price Reduction Vendor Strategies Resource Reduction 86

Logistics Viewpoints

JULY 28, 2022

The difficulties are pushing companies to come up with creative strategies that help encourage employees to find on-the-job fulfillment. After the item is scanned, the robot confirms if the order is correct or not, then moves on to the next task. One such tactic is the implementation of robotics and gamification in a warehouse setting.

Supply Chain Design Software 152

Supply Chain Design Software Sourcing Strategies Supply Chain Software Material Savings 152

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 Viewpoints

AUGUST 26, 2021

Finally, users should be able to focus on the sustainability of their transportation choices starting with the order. Glenn Jones is global vice president of product strategy and marketing for carbon-neutral supply chain technology provider Blume Global.

Supply Chain Planning Software 200

Supply Chain Planning Software Supply Chain Software Supply Chain Technology Optimization Software 200

Logistics Viewpoints

OCTOBER 4, 2021

Service is calculated as the difference between orders and shipments, divided by shipments. In other words, if manufacturers cannot deliver everything that retailers are ordering, then there is a service failure. The math is simple, a 13% reduction in service over the course of a year translates to a 13% drop in sales.

Inventory Reduction 133

Inventory Reduction Supply Chain Planning Software Cost Reduction Supply Chain Design Software 133