Blue Grace Logistics

APRIL 26, 2019

In our March webinar, titled Time Definite Freight and Positive ROI , Brian Blalock, Senior Manager Sourcing Strategy, and Eric Chambers, Vice President, Field Performance at BlueGrace Logistics, discuss the delivery method that is redefining the logistics landscape. What is Time Definite Freight? It can be any time of the 24 hour day.”

Definition 48

Definition Inventory Reduction Cost Reduction Optimal Sourcing 48

Ship Monk

AUGUST 22, 2022

SKUs are vital to inventory management and the success of any business—as pivotal to operations as a binding agent is to a meatball (i.e. A SKU is a code (typically 8 – 12 alphanumeric digits long) assigned to the items in your inventory. Today, we’re talking about SKUs, also known as Stock Keeping Units. What is a SKU?

Inventory Reduction 52

Inventory Reduction eCommerce Inventory 3PL 52

Ship Monk

SEPTEMBER 19, 2022

Back then you didn’t need to know about holding costs because Mom and Dad let you store your inventory for free. What is Inventory Holding Cost? Holding cost (or carrying cost) by definition, is the cost of holding inventory in a warehouse until it is sold or removed. carrying costs, and needed to learn what those are.

Inventory Reduction 52

Inventory Reduction Cost Reduction Purchasing Skills Inventory 52

Turvo

AUGUST 24, 2021

Today, the definition of supply chain resiliency has been changed in ways that have caused ripple effects. Examples would be some traditional forms of material handling equipment. Without aligning your enterprise to these trends, building successful customer experiences will be downright difficult, if not impossible.

Optimization Software 98

Optimization Software Supply Chain Software Logistics Network Optimization Software Supply Chains 98

MTS Logistics

JUNE 10, 2020

Since long before the coronavirus pandemic, the logistics industry has been changing faster than you can say “where’s my inventory.” The sooner brand builders understand the trends driving the future of logistics, the sooner they can prepare for the future of business-related transportation. Artificial Intelligence.

Logistics Network Optimization Software 53

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Trends 53

Ship Monk

MAY 1, 2023

No two days are ever the same, and your warehouse-storage needs are a prime example. Once that’s out of the way, let’s look at how those SKUs feed into your greater inventory. With that in mind, it’s vital that month over month and year over year you study your sales trends to determine how much to order by season.

Inventory Reduction 52

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Logistics Viewpoints

JUNE 17, 2021

They must go beyond the standard delivery in transportation management, and consumers are pushing this trend forward. By definition, it refers to the handling of care used when moving products in which the movers or shippers literally wear white gloves to protect the product.

Logistics Network Optimization Software 117

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SYSPRO Smarter ERP

NOVEMBER 3, 2021

Industries experienced severe operational and financial consequences with issues like supply shortages, supply and demand surges, inventory shortfalls and reduced productivity. This is usually accomplished by using statistical sampling of all incoming materials that can produce charts to show the quality trends over time.

Manufacturing Procurement 105

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

PINC

AUGUST 3, 2020

With expectations of higher on-shelf availability and lower inventory costs, the pressure on delivery performance has intensified—as has the need for manufacturers, retailers, and carriers to work together to create efficient, reliable, and responsive supply chains. The problem is that there is no standard definition for OTIF.

Definition 52

Definition Supply Chain Software Supply Chains Inventory Reduction 52

Logistics Viewpoints

FEBRUARY 28, 2022

Let’s start with a definition: any device that can perceive its environment and takes actions that maximize its chance of success at some goal is engaged in some form of artificial intelligence (AI). It is also worth pointing out, that based on this definition, not all forms of machine learning are particularly complicated.

Supply Chain Planning Software 170

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

247 Customs Broker

MARCH 1, 2018

And while most companies are at least thinking about how to make that happen, many are still using antiquated processes like pen-and-paper and spreadsheets to manage inventory and track product movement within the four walls of the warehouse. Warehouse Control Systems (WCS) in lieu of WMS. carousels, sorters, conveyors, etc.),

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimization Software 28

PINC

OCTOBER 14, 2019

Here are the top trucking trends that all shippers should be aware of, according to The American Transportation Research Institute. expansion in the first quarter, which mostly was buoyed by lower imports and higher inventories< , JOC reports. The post Transportation Trends: What’s Going on in the Trucking Industry?

Trends 49

Trends Industry Transportation Trucking 49

SYSPRO Smarter ERP

NOVEMBER 8, 2021

For example: Japan earthquake 2016. New trends in supply chain management. As an example, the same grade of steel produced in Japan and China responded differently even though the specification is standard. Another trend that is becoming prevalent is to engage with suppliers in a digital supply chain.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 116

GlobalTranz

FEBRUARY 25, 2021

According to the Council of Logistics Management, it is “the process of planning, implementing, and controlling the efficient, cost effective flow of raw materials, in-process inventory, finished goods and related information from the point of consumption to the point of origin for the purpose of recapturing value or proper disposal.

Reverse logistics 84

Reverse logistics Inventory Reduction Cost Reduction Material Savings 84

Conger

JULY 30, 2021

In this article, you’ll learn: The definition of omnichannel distribution. A simple omnichannel distribution definition is that it’s a way of giving consumers the freedom and ease to buy and receive orders from any sales channel they choose. For example, a customer can buy from a store’s website and have it shipped to their home.

Inventory Reduction 52

Inventory Reduction Distribution Vendor Strategies Waste Reduction 52

Logistics Viewpoints

DECEMBER 7, 2021

Workforce shortages and other challenges abound throughout all transportation sectors, and while this may revitalize investments in localized manufacturing, expanded warehousing to hold more inventory, and other efforts, these changes do not solve today’s issues. Walmart, for example, offers logistics services to competitors.

Price Reduction 115

Price Reduction Cost Reduction Inventory Reduction Capacity 115

Sabinext

JANUARY 15, 2021

There are tons of promising trends and technologies out there to futureproof our operations. More resilience requires moving away from a single sourcing strategy to diversification (China +1, for example) and more distributed safety stocks enabled by central visibility. Which ones will supply chain leaders invest in this year?

Supply Chain Software 87

Supply Chain Software Supply Chain Design Software Supply Chain Design Supply Chains 87

Logistics Business Magazine

MARCH 18, 2024

In addition, there is the constant cycle of new products and trends, such as vegan/meat free, which may or may not become established. This may mean that some of the potential efficiencies and savings are not immediately captured, but these are by definition long term projects. Could it, in fact, be unnecessary?

Supply Chain Software 55

Supply Chain Software Automation Supply Chain Planning Software Supply Chain Design Software 55

Locus

MARCH 27, 2024

On one hand, they’re battling shrinkage, which includes inventory losses from both operational slip-ups and theft. Moreover, omnichannel retailing offers retailers the golden opportunity to optimize their inventory management. Take XYZ Retail for example, juggling 100 diverse orders ranging from on-demand to next-day deliveries.

Cost Reduction 52

Cost Reduction Inventory Reduction Expense Reduction Resource Reduction 52

IoT World Today

MARCH 27, 2020

These tools will become the foundation on which supply chain managers gain insight into their markets and erratic supply and demand trends. Another Statista study indicated that 44% of retailers expect delays and 40% expect inventory shortages given coronavirus disruptions on the supply chain. And again, data quality is a huge concern.

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Procurement Analytics 145

Talking Logistics

JANUARY 2, 2019

His definition of real-time is instantaneous — knowing exactly what is happening now. He gives the example of the Uber app as what most people today would consider real-time visibility. I therefore asked Julian for some examples of how companies are driving this value. Julian agrees that EDI is just a point-in-time view.

Supply Chain Planning Software 61

Supply Chain Planning Software Supply Chains Scenario Planning Inventory 61

Ship Monk

APRIL 28, 2021

Ambition without execution often leads to biting off more than one can chew, and that’s definitely not what you want when you already have a million things to worry about. In practice, this could mean, for example, slowly but steadily growing your inventory instead of adding lots of items all at once.

eCommerce 53

eCommerce Inventory Reduction Definition After-sales 53

Ship Monk

SEPTEMBER 29, 2022

A sudden, drastic increase in inventory volume can be tricky to manage, and this famous sale is smack dab in the middle of the holiday season—adding more to the madness. Know when inventory needs to be ordered by. Know when inventory needs to be received by. Inspect inventory levels daily. Manage Your Deadlines.

eCommerce 52

eCommerce Inventory Reduction Supply Chain Planning Software Supply Chain Software 52

Ship Monk

NOVEMBER 4, 2020

Do you have enough inventory to meet an increase in demand? Are you in the loop with Q4 trends and projections ? Try as you might, it’s virtually impossible to control all aspects of the eCommerce supply chain, and there’s no better example of that than what we’ve witnessed in the whirlwind that has been 2020.

Tips 82

Tips Inventory Reduction eCommerce Manufacturing Procurement 82

Logistics Viewpoints

MAY 24, 2021

We are making significant IT investments to build our data capabilities and using innovative new technologies like artificial intelligence and predictive analytics to monitor trends and develop new solutions.” The definition of what a “customer” is, is posed to expand from a business to a consumer.

Optimal Sourcing 83

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Supply Chain Software 83

GlobalTranz

JUNE 8, 2021

They must go beyond the standard delivery in transportation management, and consumers are pushing this trend forward. By definition, it refers to the handling of care used when moving products in which the movers or shippers literally wear white gloves to protect the product.

Logistics Network Optimization Software 78

Logistics Network Optimization Software Transportation Reverse logistics Supply Chain Planning Software 78

Ship Monk

NOVEMBER 14, 2022

For others, they’re signs of elevated stress levels, which can definitely lead to eating way too many cookies. 2 Analyze Your Past Data and Compare It to Current Trends. Make sure to consider both general ecommerce trends as well as the individual performance of top companies in your niche. #3 Slice of cake. Fruitcake. #2

eCommerce 52

eCommerce Material Savings Inventory Reduction Cost Reduction 52

Ship Monk

JANUARY 30, 2023

Example—In the case of a lost or undeliverable package, a customer-first ecommerce merchant can step up to the plate immediately by contacting the shipping carrier to determine the cause of the problem and sharing this information with buyers so they know when to expect delivery or reshipment. doesn’t matter.

eCommerce 52

eCommerce Supply Chain Planning Software Inventory Reduction Supply Chain Software 52

Trans Global Auto Logistics

FEBRUARY 25, 2021

Some of the key trends to expect are: Higher shipping costs. And then of course there are the barriers of time: Brexit shipping to Europe – UK routes will definitely become and remain slower due to increased inspection times. Just-in-Time Inventory Management. Shipping to Europe and the UK is definitely still a viable option!

Expense Reduction 96

Expense Reduction Inventory Reduction Cost Reduction Resource Reduction 96

AIMMS

MARCH 8, 2016

What are these companies doing differently and what trends should retailers look out for? Key trends shaping today’s retail supply chain. A recent report from Auburn University summarizes these changes quite neatly: Inventory – consumer demand for flexible delivery times and pick-up options is changing inventory management.

Cost Reduction 62

Cost Reduction Inventory Reduction Price Reduction Sourcing Strategies 62

Logistics Viewpoints

MARCH 4, 2021

Examples of building intelligence in your processes: Automating product segmentation based on multiple dimensions including revenue, demand variability, supplier lead-times to manage different service level targets. Understanding the impact of external trends on your sales performance. Having dynamic safety-stock calculations.

Supply Chain Planning Software 157

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 157

AIMMS

MARCH 8, 2016

What are these companies doing differently and what trends should retailers look out for? Key trends shaping today’s retail supply chain. A recent report from Auburn University summarizes these changes quite neatly: Inventory – consumer demand for flexible delivery times and pick-up options is changing inventory management.

Optimal Sourcing 69

Optimal Sourcing Sourcing Strategies Cost Reduction Inventory Reduction 69

LandLink

MARCH 11, 2020

There is also the challenge of completing same-day deliveries or time definite deliveries. Ecommerce shippers have millions of items in inventory and a finite amount of box sizes. The ability to double stack pallets is a prime example. Unlike in the past, the LTL industry today has a massive volume of smaller shipments.

Price Reduction 62

Price Reduction Expense Reduction Inventory Reduction Strategy 62

Conger

FEBRUARY 4, 2022

ASRS Definition. The way inventory was stored didn’t lend itself to the process of demand-oriented flow and picking. Minimize errors by retrieving the right inventory, at the right time, and bringing it to the right place. Now, we’ve covered warehousing software systems in our article on Warehouse Automation Trends.

Material Savings 52

Material Savings Inventory Reduction Cost Reduction Expense Reduction 52

247 Customs Broker

DECEMBER 11, 2018

The reason for this, JLL explained, is the direct linkage between rail volume growth and warehouse inventory growth. seaports; and the aforementioned direct linkage to rail volume growth and warehouse inventory growth. This is really an expansion of some of the trends we looked at then,” Buch said. would be much less effective.

Supply Chain Software 28

Supply Chain Software Definition Supply Chains Capacity 28

Talking Logistics

DECEMBER 5, 2018

It also matters because federal and state agencies and competitive pressures will also demand it (see, for example, the Federal Highway Administration’s e-Construction and Partnering initiative). Getting Started with Digital Transformation.

Conference 61

Conference Optimal Sourcing Optimization Software Supply Chain Software 61

247 Customs Broker

DECEMBER 10, 2018

The reason for this, JLL explained, is the direct linkage between rail volume growth and warehouse inventory growth. seaports; and the aforementioned direct linkage to rail volume growth and warehouse inventory growth. This is really an expansion of some of the trends we looked at then,” he said. would be much less effective.

Supply Chain Software 28

Supply Chain Software Materials Handling Supply Chains Definition 28