EazyStock

JANUARY 6, 2023

As we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. For example, one tool updates your ERP system with a delivery time, which the ERP then sends to your inventory optimization software. Supplier management. Supplier ranking.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

GlobalTranz

OCTOBER 5, 2015

This advancement is based on the potential to integrate relevant data at any point in the value chain, define inter-dependencies from the data almost instantaneously, and utilize advanced analytics to develop highly targeted solutions. 11 Improvements by the Deployment of the Internet of Things in the Supply Chain.

Optimal Sourcing 111

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 111

EazyStock

MARCH 3, 2022

In this post, we explain how you can implement a just-in-case stock management strategy without the risk of tying up too much capital in unnecessary inventory items. How to implement JIC inventory management with optimum stock levels. Just in case inventory management doesn’t have to mean inflating stock to really high levels.

Inventory Reduction 52

Inventory Reduction Inventory Supply Chain Planning Software Cost Reduction 52

Logistics Bureau

NOVEMBER 14, 2018

Too much leads to resources being monopolised on gathering tons of data and a subsequent risk of “paralysis by analysis” Cost to Serve (CTS) is an approach that helps you avoid both extremes. Returns management. Knowing your CTS per product and per customer also lets you better control different commercial strategies.

Purchasing Skills 88

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 88

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. Unlike a 4PL, however, it won’t manage the paint maker’s entire supply chain. Some Australian 4PL Models.

4PL 116

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

GlobalTranz

MAY 21, 2015

At distribution centers, Walmart uses cross-docking, a process in which product is exchanged between trucks so that each truck going to a retail store has products from different suppliers. Managers should ensure that a firm’s transportation strategy supports its competitive strategy.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Cost Reduction Supply Chains 100

GlobalTranz

FEBRUARY 24, 2016

Since lean systems have already eliminated waste to a finite degree, the use of mobility can further increase cost savings and reduce demands on the system by making information and data available across a given enterprise. For example, mobility in manufacturing solutions are enabling warehouses to reduce inventory costs. What’s Next?

Waste Reduction 53

Waste Reduction Inventory Reduction Cost Reduction Resource Reduction 53

Conger

DECEMBER 13, 2022

Because in this post, you’ll find 11 effective strategies for doing just that. Ditch Unreliable Suppliers. Choose Domestic Suppliers. Consolidate Suppliers. Note: If you can't find a local supplier, use the large ordering strategy: Placing larger orders but less frequently to keep more inventory on hand.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Vendor Strategies Waste Reduction 52

Logistics Bureau

OCTOBER 4, 2018

It might help to think of a KPI as something like an instrument on car dashboard—a speedometer for example. For this reason, KPIs are essential for any business improvement strategy. Later in this article, we’ll look at some examples of functional and cross-functional KPIs. Inventory management. Order capture.

Supply Chain Design Software 88

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 88