Logistics Viewpoints

APRIL 10, 2024

For example, a robust supply chain may have backup power generators, firewalls, security systems, and emergency plans to prevent or mitigate the effects of disruptions. For example, an agile supply chain may have real-time data, advanced analytics, decision support tools, and cross-functional teams to monitor, diagnose, and solve problems.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 150

Stord

JANUARY 7, 2019

The Wall Street Journal’s recent analysis of retailers’ logistical challenges highlights the appeal and success of alternative solutions to traditional warehousing in retail and beyond. The industrial availability rate for warehouses fell to its lowest rate since 2000 in the third quarter of 2018. Visibility is also vital.

Inventory Reduction 78

Inventory Reduction Price Reduction Supply Chain Planning Software Supply Chain Software 78

Logistics Bureau

AUGUST 2, 2021

For example, you might use simple observation to identify visible defects at goods-in, or you could make your analysis a bit deeper by testing a percentage of items received from the supplier. In procurement, cost analysis is not just about the price of your company’s purchases. Vendor Availability. Supplier Defect Rate.

Procurement Analytics 117

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 117

Logistics Viewpoints

DECEMBER 12, 2023

Today’s warehouse environment is too complex and fast-moving to manage effectively via human cognition, as well as manual planning and analysis. It positions the warehouse to sense and react in real time to changes in order volumes, task priorities, and resource availability. The result?

Supply Chain Planning Software 168

Supply Chain Planning Software Supply Chain Design Software Optimization Software Resource Reduction 168

EazyStock

AUGUST 21, 2020

There are many financial benefits to introducing stock reduction strategies – in particular focusing on your excess and obsolete items. Here we’re going to focus on our favorite top five inventory reduction strategies. So it makes sense to look for ways to reduce inventory and keep levels under control!

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

GlobalTranz

NOVEMBER 16, 2016

Yet the majority of companies have not defined a big data strategy, and others are barely starting to notice. . �. As a result, the simplest way of defining a big data strategy must begin with understanding how it will evolve and affect the company. . How to Get Started with Your Big Data Strategy. .

Resource Reduction 91

Resource Reduction Cost Reduction Supply Chain Planning Software Supply Chain Software 91

3PL Links

DECEMBER 2, 2022

The tasks associated with the delivery of raw materials are handled by inbound logistics or supply logistics to guarantee their availability throughout the production process. Strategies for efficient inbound logistics that you can use in your business. Allows for performance analysis. Inbound Logistics Strategies.

Inbound 62

Inbound Sourcing Strategies Material Savings Inventory Reduction 62

SYSPRO Smarter ERP

MARCH 28, 2024

It is a modern business strategy that lets company staff make decisions based on facts instead of biases. You don’t want data that could create analysis paralysis. If production metrics are important, you may want to get data on: Machine and labor availability. The work to get this has to be collaborative.

Manufacturing Procurement 52

Manufacturing Procurement Data Supply Chain Planning Software Optimal Sourcing 52

Logistics Business Magazine

JANUARY 15, 2024

At this year’s LogiMAT trade show in Stuttgart, Germany, Linde Material Handling (MH) will be demonstrating the options available to small, medium-sized and large companies and showing how a wide range of project requirements can be successfully implemented.

Modeling Software 53

Modeling Software Optimization Software Material Savings Expense Reduction 53

SYSPRO Smarter ERP

JUNE 9, 2022

Here’s an example. That information is readily available, but with BI, you can dig down into the numbers and easily slice the figures in different ways. The BI tool needs to be able to easily pull all this data together for analysis. ERP and business intelligence.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Software 98

3PL Links

DECEMBER 28, 2023

The system eliminates middlemen and streamlines the freight booking process by automatically matching truck drivers with available loads through the use of algorithms. The primary logistics trends for 2024 are shown below, along with examples of how some of the industry’s top businesses are already incorporating them into their plans.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Sourcing Strategies Trends 48

Ship Monk

APRIL 5, 2024

Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. SRM is more than a one-and-done analysis. For example, evaluate processes including invoicing, payment, tech integrations, communications, timely approvals, and customer service responses. If so, good on you!

Negotiate Pricing 83

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 83

SYSPRO Smarter ERP

OCTOBER 20, 2021

What would they be changing without a thorough understanding of the new business landscape and the new technologies that are available and where they would best be used? The second step will be to convert all critical business data produced going forward that requires analysis to be collected going forward.

Digital 133

Digital Factories Supply Chain Planning Software Supply Chain Software 133

FreightWaves SONAR

FEBRUARY 25, 2021

Even the most robust in-house strategies can turn to the value of logistics automation within analytics, such as the insights found in Lane Signal, to further refine their operations. Enterprise shippers need a proactive strategy to secure capacity One of the biggest challenges that shippers face remains to secure capacity.

Supply Chain Software 90

Supply Chain Software Logistics Network Optimization Software Automation Sourcing Strategies 90

GlobalTranz

JANUARY 16, 2017

Modern supply chains are evolving beyond anyone’s expectations due to increased use of cloud-computing technologies, wearables and advanced data analysis. Wearables Became More Cost-Effective and Available. Data Analysis Grew Exponentially, Providing More End-to-End Visibility and Continuous Improvement.

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Software Supply Chain Design Analysis 59

Logistics Business Magazine

AUGUST 12, 2021

Omnichannel, where a consumer, for example, might buy online, collect in store and pick up another item there, then return something by mail. For example, cancellations of orders fall if long term lead time information is more detailed. Airfreight availability is reduced due to lower belly capacity with fewer passenger jets flying.

Supply Chains 67

Supply Chains Purchasing Skills Sourcing Strategies Price Reduction 67

Logistics Viewpoints

FEBRUARY 16, 2021

According to the Global Supply Chain Disruption and Future Strategies Survey Report, this goal was the top-ranked planned tool investment. This example illustrates why supply chain visibility isn’t enough. Scenario analysis allows you to weigh alternatives by calculating the effects of possible changes.

Supply Chain Planning Software 170

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 170

Turvo

JANUARY 26, 2021

Warehousing, in particular, has seen many advances using available ERP data.” The so-called “chaotic” storage approaches are an example of this changing approach where the use of warehouse space is better managed to improve worker efficiency. Increase accountability and improve performance among freight management parties.

Supply Chain Design Software 73

Supply Chain Design Software Supply Chain Software Optimization Software Supply Chain Design 73

Penske Move Ahead

JANUARY 28, 2021

The importance of robust network design strategy, planning and resiliency continues to be strongly felt across the globe as supply chains struggle to keep up with the changing complexity imposed by COVID-19. The brief offers three examples from Penske's portfolio of projects that illustrate how network design yields strategic value.

Supply Chain Design Software 67

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 67

Ship Monk

FEBRUARY 24, 2024

For example, ShipMonk customizes logistics services and associated fees to the unique needs of every client. In the previous example, you have the physical weight that extra travel inventory creates in your luggage that you have to lug around. You never want to cut corners on these, or any, crucial areas of your ecommerce brand.

eCommerce 89

eCommerce Inventory Reduction Tips Waste Reduction 89

GoShip Blog

JANUARY 26, 2021

Thus, businesses should develop a flexible shipping strategy that will provide enough visibility to enhance the ultimate leg of the supply chain – last-mile delivery. Data analysis to improve performance management. Insights from your data analysis will help improve performance management and master your last-mile delivery.

Inventory Reduction 72

Inventory Reduction Supply Chain Planning Software Expense Reduction Supply Chain Software 72

Talking Logistics

SEPTEMBER 4, 2018

For Sales it’s about product availability at all times. For Management: a balancing strategy, etc…. It is about keeping all (well most) of the stakeholders of the supply chain content and taking into consideration the supply chain strategy of the organization. Example C: Oil & Gas – Products and services are diverse.

Inventory Reduction 71

Inventory Reduction Inventory Logistics Network Optimization Software Cost Reduction 71

EazyStock

JUNE 16, 2022

For example, navigation apps, facial recognition, smart assistants, and even robot vacuum cleaners at home use this smart tech. For supply chain management, this could include generating demand forecasts to ensure stock availability or mapping transportation routes to prevent idle time and reduce fuel consumption.

Supply Chain Software 52

Supply Chain Software Optimization Software Supply Chains Inventory Reduction 52

Logistics Bureau

JANUARY 21, 2020

For example, the seemingly unstoppable Amazon surprised pundits by reporting lower year-on-year profits in the third quarter of 2019. . Aside from Amazon, some of the most effective online retailers in 2019, in the USA at least, were those that developed an ecommerce strategy leveraging their traditional, brick-and-mortar outlets.

Inventory Reduction 62

Inventory Reduction Cost Reduction Expense Reduction eCommerce 62

Logistics Bureau

MAY 24, 2021

It’s a good one to consider, and perhaps an appropriate stimulus for companies to review inventory performance and revise their strategies. Using the previous example, dividing 365 days by 10 gives you 36.5 Today, the question is more about how much inventory is sufficient to safeguard the supply chain from disruption.

Inventory Reduction 118

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 118

FreightWaves SONAR

SEPTEMBER 29, 2023

For example, as seen in scenario A1, the global unconstrained demand for air cargo will fall by 14% of pre-crisis volumes in the second quarter of 2020 and will not rebound to 2019 levels until around mid-2022.” The lean conundrum is the problem that was created by a sudden surge in demand and extremely lean inventory management strategies.

Data 52

Data Inventory Reduction Supply Chain Planning Software Vendor Strategies 52

Logistics Bureau

APRIL 3, 2023

So, for example, outsourcing sales activity is not typically a good idea if yours is a retail sales company. For example, US-based companies may be quite fortunate if they have access to manufacturers right on their doorstep in Mexico, a country with far lower labour costs than the rest of North America.

Outsourcing 87

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 87

GlobalTranz

AUGUST 18, 2021

That includes analysis of current operations, costs by mode, performance and benchmarking of existing partnerships. That includes helping shippers manage the final mile procurement process and even offering in-house services that are available within the 3PL.

Logistics Network Optimization Software 123

Logistics Network Optimization Software Optimal Sourcing Optimization Software Modeling Software 123

Logistics Business Magazine

SEPTEMBER 22, 2022

The trend is to not simply respond to problems, but to analyse data and simulate scenarios proactively to enable customers to have maximum availability. The example of the TGW Logistics Group shows why these services are worthwhile. Example: TGW Logistics Group.

Logistics Network Optimization Software 61

Logistics Network Optimization Software Supply Chain Software Material Savings Security 61

FreightWaves SONAR

FEBRUARY 25, 2021

Even the most robust in-house strategies can turn to the value of logistics automation within analytics, such as the insights found in Lane Signal, to further refine their operations. Enterprise shippers need a proactive strategy to secure capacity One of the biggest challenges that shippers face remains to secure capacity.

Supply Chain Software 52

Supply Chain Software Logistics Network Optimization Software Automation Sourcing Strategies 52

Logistics Business Magazine

SEPTEMBER 27, 2023

“The significant growth of returns aligns with explosive e-fulfilment growth over the last several years, and it is a mandate for change across every part of the supply chain,” said Andre Luecht, Global Strategy Lead for Transportation, Logistics and Warehouse, Zebra Technologies.

Supply Chain Planning Software 58

Supply Chain Planning Software RFID Supply Chain Software Inventory Reduction 58

EazyStock

OCTOBER 20, 2020

It’s the art of achieving stock availability , while reducing inventory costs and minimizing the risk of excess items. ABC analysis is a good inventory control technique to segment your warehouse stock based on the value it brings to the company. ABC analysis, will help with this. Know your star products!

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

Logistics Business Magazine

MAY 17, 2023

There is currently a trend on the market, both nationally and internationally, for brownfield solutions – i.e., the integration of new technology into existing buildings – to become increasingly attractive and a viable addition to the greenfield strategy. The result is another positive cost and time factor. •

Cost Reduction 49

Cost Reduction Efficiency Material Savings Waste Reduction 49

EazyStock

OCTOBER 31, 2022

Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. If a product isn’t available for customers to purchase because it’s out of stock, they will likely turn to a competitor and might not return. What is demand planning?

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52

EazyStock

OCTOBER 31, 2022

Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. If a product isn’t available for customers to purchase because it’s out of stock, they will likely turn to a competitor and might not return. What is demand planning?

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 52

Locus

DECEMBER 7, 2021

A prime example is how governments in the Middle East have begun to rethink food security targets after the disruptions to their food supply chains. With the pandemic and political instability, businesses in the Middle East have begun to reconsider supply chain strategy to improve their resilience. Oil price fluctuations.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

Logistics Viewpoints

FEBRUARY 8, 2022

For example, they might browse products online, but visit a brick-and-mortar store to finalize their selection. As just one example, Nike’s online sales grew by 75% in 2020 — but its profit margins fell from 45.5% due to the higher costs associated with online selling. Transportation: Moving to a Digital Environment.

Optimal Sourcing 112

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 112