CLX Logistics

MAY 3, 2024

A resilient and agile supply chain strategy is not just a prudent choice—it’s a necessity, especially within the context of chemical supply chains. Challenges in Supply Chain Strategy Planning Designing a resilient and agile supply chain organization is not without its challenges.

Material Savings 77

Material Savings Resource Reduction Cost Reduction Sourcing Strategies 77

3PL Links

FEBRUARY 13, 2023

How to Innovate Your Supply Chain Management: What You Need to Know | Image Source: Axestrack Organizations must prioritize supply chain management and implement strategies to increase its efficiency if they want to compete in the market. How to innovate? The supply chain is crucial in this regard.

Supply Chain Design Software 62

Supply Chain Design Software Optimal Sourcing Supply Chain Design Supply Chain Software 62

Logistics Bureau

JULY 18, 2022

As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy.

Inventory Reduction 106

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 106

FreightWaves SONAR

MARCH 15, 2021

Supply chain professionals responsible for transportation procurement at Fortune 500 companies focus on three things – budget forecast accuracy, service scores and primary tender acceptance. harder to procure capacity at the benchmark rate per mile ) in both the outbound and inbound directions.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

EazyStock

APRIL 13, 2022

What is a supply chain strategy? A supply chain strategy explains how a company will bring goods into the business and get them out to customers as effectively as possible. Supply chain strategies have come into the spotlight as volatile demand and complicated global markets have made supply chains more complex.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 52

SYSPRO Smarter ERP

JANUARY 12, 2022

Procurement in manufacturing companies is often not done correctly. With direct and indirect materials making up at least 50% of typical manufacturing costs, the procurement function could be re-imagined so companies can be more responsive to customer demands and more agile when dealing with supply chain challenges.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Supply Chain Planning Software 105

Blue Grace Logistics

JULY 24, 2018

The term “optimization” is thrown around often in the logistics landscape. It’s true, optimization is an indispensable part of a well-run business model. While the decision is sometimes considered arbitrary, in order to optimize your operation, i.e. lower cost and maximize profit, it is crucial to consider the following factors. .

Optimal Sourcing 48

Optimal Sourcing Negotiating Skills Cost Reduction Supply Chain Design Software 48

Logistics Business Magazine

AUGUST 31, 2023

Freight procurement processes have always been noted for their high levels of complexity which increases exponentially during peak shipping season. This article by SHIPSTA addresses six of the most common challenges that can surface in peak shipping season, while providing solutions on how to best address them.

Optimal Sourcing 53

Optimal Sourcing Negotiating Skills Sourcing Strategies How To 53

3PL Links

SEPTEMBER 8, 2023

Unlocking Customer Satisfaction: Is Your Fulfilment Strategy Aligned with Expectations? Image source: Pexels According to our memory, the field of flexible fulfillment hit a tipping point around 15 years ago. Labor, inventory accuracy, and split shipping are a few examples.

Inventory Reduction 48

Inventory Reduction Sourcing Strategies Cost Reduction Expense Reduction 48

Blue Grace Logistics

OCTOBER 7, 2021

The shipping industry must use technology and digitization to optimize operations and achieve their sustainability goals. . What’s in this article: How to gain sustainability through digitalization and technology. Through warehouse management software and data streamlining, processes can be automated and optimized. .

Waste Reduction 62

Waste Reduction Meeting Optimal Sourcing Supply Chain Planning Software 62

Material Handling and Logistics

DECEMBER 14, 2018

Learn how to organize your data operations in alignment with supply chain strategy. Forward-thinking supply chain professionals are looking to advanced technologies to streamline processes, improve accuracy, accelerate delivery and reduce costs. It arrives from an array of sources, and it is presented in a variety of formats.

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Supply Chain Software Optimal Sourcing Supply Chains Sourcing Strategies 166

SYSPRO Smarter ERP

JULY 17, 2023

Manufacturers should be aware of how AI will affect them and the skills strategies they will need to create. They also need to plan how they should adapt the organisation to use AI in a responsible and well governed manner What is AI? This will include a reduction in jobs through automation, as well as adding new jobs.

Manufacturing Procurement 98

Manufacturing Procurement Buyer Training Supply Chain Design Software Supply Chain Software 98

GoShip Blog

MAY 26, 2022

As a small business owner, improving your brand’s sustainability holds incredible benefits for the environment and your bottom line. Learn About How Your Supplies are Sourced. The first step towards lowering your small business’s carbon footprint is to learn about your supply sources and verify whether they are eco-friendly.

Waste Reduction 52

Waste Reduction Optimal Sourcing Material Savings Cost Reduction 52

CH Robinson Logistics

FEBRUARY 18, 2021

All of these changes mean there are many opportunities for improvement. You want to make faster, meaningful improvements to your supply chain that will make a big impact. Here are five such strategies that can help you evolve your retail supply chain for the changing market. Diversify your global shipping and import strategies.

Supply Chain Planning Software 63

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Supply Chains 63

3PL Links

OCTOBER 30, 2023

Revolutionizing Retail: The Power of Micro-Fulfillment Centers | Image source: Pexels With all of the changes and technical improvements in logistics, particularly in the e-commerce and retail industries, there has been a need to adjust standards, demonstrating the necessity to think outside the confines of a distribution center or warehouse.

Optimal Sourcing 48

Optimal Sourcing Cost Reduction Sourcing Strategies Supply Chain Software 48

GlobalTranz

APRIL 20, 2021

A resilient supply chain incorporates alternative sources, carriers, routes, and other characteristics so that it can flex in response to a situation. Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic. Tips For Building Supply Chain Resiliency.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

SYSPRO Smarter ERP

MARCH 28, 2024

It is a modern business strategy that lets company staff make decisions based on facts instead of biases. Decision-making framework The recommended way to start moving towards data-driven decisions is to compile a data catalog to understand the data landscape, and to then decide on what data can improve your decision making capability.

Manufacturing Procurement 52

Manufacturing Procurement Data Supply Chain Planning Software Optimal Sourcing 52

EazyStock

MARCH 17, 2021

In this piece, we’ll take a look at some of the top types of supply chain disruptions, the impacts that they have on your supply chain, how to mitigate whatever risk you can and finally how you can handle supply chain disruptions once they occur and come out on top. Types of Supply Chain Disruptions. Emergency Backup Plan.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 78

Logistics Viewpoints

SEPTEMBER 7, 2022

Within this discipline, one of the toughest challenges is how to get visibility to problems arising across the extended supply network. Becton Dickinson (BD) has been on a journey to improve visibility into their extended supply chain. The company had access to huge amounts of trade data, for example. But I was skeptical.

Supply Chain Software 124

Supply Chain Software Supply Chains Optimal Sourcing Procurement Solutions 124

Blue Grace Logistics

MARCH 17, 2022

How to help manage overall transportation costs. How high diesel prices may change future freight procurement strategies. One turnkey approach to managing costs in volatile markets can be to focus on reducing costs where you do have control: Sourcing strategies. Optimize Your Shipments.

Cost Reduction 62

Cost Reduction Price Reduction Expense Reduction Waste Reduction 62

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 87

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 87

Logistics Viewpoints

MARCH 8, 2021

Mr. Frasquet is the executive director of corporate procurement, although his responsibilities include a much broader set of supply chain responsibilities than just sourcing. For example, go to the Walmart, turn right, and it is the third house on the left. How will total landed costs be impacted by adding a new supplier?

Supply Chain Design Software 153

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Supply Chain Software 153

WorkWave

AUGUST 25, 2022

Lead generation refers to how your business obtains leads for your sales team. These leads can be qualified or unqualified, coming from various sources. It’s essential to understand how lead generation works to generate leads for your HVAC business effectively. Keep reading to learn more about how to get HVAC leads.

Resource Reduction 52

Resource Reduction Waste Reduction Cost Reduction Sourcing Strategies 52

Conger

DECEMBER 13, 2022

Because in this post, you’ll find 11 effective strategies for doing just that. Improve Internal Communication. Improve External Communication. When switching suppliers, use a sourcing solution so that you avoid inventory deficits and get back up and running with the new supplier quickly. Improve Internal Communication.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Vendor Strategies Waste Reduction 52

SYSPRO Smarter ERP

MARCH 29, 2022

.” World Economic Forum – The Fourth Industrial Revolution: what it means, how to respond. This will result in increasing automation, improving communication, and much greater availability of real-time information upon which decisions can be made. Leadership with a purposeful digital strategy is the key to transformation.

Manufacturing Procurement 116

Manufacturing Procurement ERP Digital Modeling Software 116

EazyStock

APRIL 18, 2023

Our eGuide, Supply chain and logistics management trends for 2023 , looks at potential issues facing supply chain managers this year and how to respond. In this blog, we focus on how supply chain and inventory management professionals can mitigate the impact of high inflation and interest rates. More expensive borrowing.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Reduction Optimal Sourcing 52

Logistics Bureau

MAY 30, 2022

In this post, we explain what those pillars are, why they matter, and how to align them in a way that supports supply chain management excellence. Our three pillars (or fundamentals) of great supply chain management excellence are strategy, service, and cost. For example: Alignment of strategy and cost leads to happy shareholders.

Inventory Reduction 112

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 112

Stord

FEBRUARY 2, 2022

First, they have to understand what that volume actually is, which requires dynamic inventory management systems integrated with their orders , and then align it to their strategies for the year. Electric vehicle (EV) automation will help improve the driver shortage and increase capacity. supply chain issues, etc.)

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Optimization Software Modeling Software 78

GlobalTranz

JULY 7, 2017

Editor's Note: Today's is blog is from Nicole Lewis who shows us the steps for smarter logistics planning optimization. However, contemporary business affairs feel an increasing need not only in logistics planning optimization but also in it as a whole procedure. Logistics planning optimization, evaluation of results and monitoring.

Optimal Sourcing 25

Optimal Sourcing Supply Chain Planning Software Optimization Software Logistics Network Optimization Software 25

GoShip Blog

FEBRUARY 2, 2023

They are beliefs that communicate what your company prioritizes in its operations and how it achieves its mission statement. These values guide every business decision, from how and where products are sourced to the employees’ working conditions and how goods are delivered to customers.

Sourcing Strategies 52

Sourcing Strategies How To Waste Reduction Eliminating Excel in Purchasing 52

3PL Links

NOVEMBER 1, 2023

Beyond Efficiency: The Human Element’s Impact on Logistics | Image source: Pexels Modern technology, smart equipment, task automation, and management systems. It is indisputable, however, that the human element continues to be crucial in producing outcomes and ensuring the optimal posture of the company in a number of aspects.

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Sourcing Strategies Efficiency Optimal Sourcing Logistics Network Optimization Software 48

Stord

JANUARY 11, 2022

Stord’s team works with hundreds of companies every day to drive efficiencies and optimize their operations across a range of freight, warehousing, fulfillment and packaging requirements. For example, the price of 42# linerboard has gone up 35% in the last 12 months, over the course of 4-5 price increases.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Optimization Software Optimal Sourcing 78

3PL Links

FEBRUARY 26, 2024

Warehouse Outsourcing: Advantages and What It Is Used For | Image source: Shutterstock Owning your stock requires a minimum of three things: a storage structure, physical space, and funding for the business. These included lower labor and equipment expenditures in addition to improved item control and transportation.

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Outsourcing Expense Reduction Cost Reduction Inventory Reduction 48

Logistics Viewpoints

AUGUST 7, 2023

Cardinal Health, a global manufacturer and distributor of medical, surgical and laboratory products, is focused on continuous improvement of service. Global logistics leaders wanted to improve service levels, lower costs, and fortify Cardinal Health’s supply chain planning process. Indicators of success are critical. Count them!

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Design Software Modeling Software Optimization Software 105

SYSPRO Smarter ERP

SEPTEMBER 27, 2021

Many manufacturers aren’t maximizing the value from enriching data and missing out on opportunities to grow, optimize or manage risk. This strategy creates a subscription-based revenue stream, while the physical good itself is often a one-time purchase. Data can also enable cross-sector collaboration.

Manufacturing Procurement 105

Manufacturing Procurement Data Modeling Software Optimization Software 105

Logistics Bureau

MAY 8, 2023

That’s the first big mistake I want to address in this article, after which I’ll share information about ten other freight management mistakes we commonly see at Logistics Bureau while working with clients on supply chain improvement. What Does it Take to Improve Freight Management?

Negotiating Skills 62

Negotiating Skills Cost Reduction Resource Reduction Price Reduction 62

247 Customs Broker

MARCH 26, 2018

I was having lunch with a friend of mine who had recently conducted a transportation sourcing event. At first, he didn’t like my honest response: “Jim, you’re using a commodity-oriented procurement process for selecting your carriers and third-party providers. It’s focused on short term gains instead of long term ROI.

Optimal Sourcing 28

Optimal Sourcing Sourcing Strategies Negotiating Skills Negotiate Pricing 28