Logistics Problem Solving

AUGUST 4, 2017

What do you do if your logistics strategy is just not working? While there are ways to reverse course after a faulty strategy is deployed, you must first admit it was faulty. It is much better to look before you leap and test against historical data before you deploy. When Standardized Data is not Standardized Data.

Expense Reduction 59

Expense Reduction Cost Reduction Price Reduction Strategy 59

Logistics Problem Solving

AUGUST 4, 2017

What do you do if your logistics strategy is just not working? While there are ways to reverse course after a faulty strategy is deployed, you must first admit it was faulty. It is much better to look before you leap and test against historical data before you deploy. When Standardized Data is not Standardized Data.

Expense Reduction 48

Expense Reduction Cost Reduction Price Reduction Strategy 48

FreightWaves SONAR

FEBRUARY 16, 2021

By using strong management and analysis processes, supply chains can maximize value and stay competitive. Of course, that all depends on seeing the activities that are occurring, benchmarking current carrier operations and continuously improving. Streamline data capture and analysis. Know your operating ratio .

Supply Chain Software 98

Supply Chain Software Trucking Expense Reduction Resource Reduction 98

Ship Monk

APRIL 5, 2024

The process involves collecting quantitative and qualitative data concerning vendor-provided goods and services, and analyzing this data for opportunities to improve (or reasons to end) the relationship. Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. If so, good on you!

Negotiate Pricing 81

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 81

Blue Grace Logistics

JULY 27, 2021

Improving predictability in outcomes is valuable, but ensuring your supply chain is nimble enough to act on the data is even more so. We explore how predictive analytics and big data with human sentiments can add value and amplify their supply chain strategies. Having random data is meaningless without insightful analytics.

Procurement Analytics 62

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

UL EHS- Sustainability

OCTOBER 31, 2019

But the most successful learning and development teams also understand how to measure the success of each training course and react accordingly. A training needs analysis (TNA) will identify where employee training can make a meaningful contribution towards improving performance. When conducting a TNA: 1.

Buyer Training 40

Buyer Training Optimal Sourcing Expense Reduction Cost Reduction 40

Logistics Viewpoints

NOVEMBER 11, 2021

Reporting to keep the inventory strategy fresh and supporting the goals of the organization. Is a replenishment strategy needed? Do a root cause analysis and correct the reason that drove the need to urgently replenish stock. Analysis will help resolve the need for unplanned activity in the future.

Inventory Reduction 123

Inventory Reduction Inventory Cost Reduction Material Savings 123

3PL Links

FEBRUARY 19, 2024

Let’s examine how the market ended the year, the anticipated course for 2024, and the ever-more-important role that technology plays in this dynamic environment. Data Integration and Analytics-Driven Decision-Making: Making better-informed and more effective decisions will require data integration throughout the logistics chain.

Sourcing Strategies 48

Sourcing Strategies Trends Inventory Reduction Logistics Network Optimization Software 48

Logistics Viewpoints

FEBRUARY 24, 2022

Why not take all the detail you gain from your WMS and overlay that data onto a labor management system to gain a richer perspective on what’s really happening in your warehouse? Top brass can better align labor goals to corporate strategies, giving the organization a clear sense of purpose and direction. Bottlenecks can be cleared.

Supply Chain Planning Software 126

Supply Chain Planning Software Waste Reduction Cost Reduction Price Reduction 126

FreightWaves SONAR

MARCH 4, 2021

That’s where data analytics comes in.” Gaining in-depth insights and current data about the supply chain, load statuses, and consumer demands can make it easier for enterprise sippers to adjust and plan. Thus, modern advances in data collection and analytics have made it significantly easier to automate this process.

Price Reduction 97

Price Reduction Cost Reduction Expense Reduction Waste Reduction 97

FreightWaves SONAR

APRIL 29, 2021

That has also increased the pressure on retailers to keep other freight and logistics costs low with more capital and expense being dedicated to the development of new omnichannel strategies. . Using SONAR data in contract negotiations with carriers and 3PLs. . Those use cases include: . Evaluating truckload to intermodal conversion.

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

FreightWaves SONAR

FEBRUARY 18, 2021

Many asset-based carriers utilize freight broker and data technology to recruit truck drivers and reel in new talent. And it’s critical to know how carriers can tap data and analytics technology to boost driver morale and attract more talent. . So, companies are working on retaining the workers they already have.”

Waste Reduction 97

Waste Reduction Trucking Freight Optimization Software 97

Logistics Viewpoints

AUGUST 11, 2023

It’s taking semiconductor firms more than twice as long as their peers in other industries to hire personnel such as technicians or mechanical engineers, with the typical process stretching to about three months, according to an analysis of the top 50 chip producers in the US by Revelio Labs, a labor-market data analyst.

Negotiating Skills 108

Negotiating Skills Logistics Network Optimization Software Purchasing Skills Material Savings 108

CH Robinson Logistics

JULY 8, 2021

Having the right balance of shipping cost and performance to meet customer expectations while preserving margins requires a supply chain strategy that considers your company, markets, and customers. Developing the right strategy and executing it well has numerous benefits for both you and your customers.

Cost Reduction 62

Cost Reduction Sourcing Strategies Meeting Optimal Sourcing 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. If anything, the unprecedented disruptiveness of the COVID crisis has highlighted the flaws in traditional methods of inventory calculation, which are based mainly on historical demand analysis.

Inventory Reduction 118

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 118

Logistics Business Magazine

APRIL 21, 2022

Despite the accelerating speed of IoT adoption over the course of the Covid-19 pandemic, improvements are still needed to draw the optimum benefits from the technology. Unreliable connectivity, inadequate data strategies, and a lack of skills are hampering many businesses’ ability to reap the rewards of IoT.

Cost Reduction 36

Cost Reduction Supply Chain Software Logistics Network Optimization Software Supply Chains 36

Ship Monk

MAY 20, 2021

Of course, we couldn’t let our entrepreneurial free spirits miss out on those numbers. In addition to understanding your market, try to contextualize it as much as possible with historical trends and stone cold data. Competitive Analysis. Those are all fill-in-the-blanks, of course. ??. #6. Marketing Strategy.

How To 63

How To Price Reduction Course Analysis 63

Logistics Bureau

FEBRUARY 6, 2023

2: Using KPIs That Are Not Aligned with Supply Chain Strategy We’ve stated many times in our articles that a supply chain strategy can only succeed when aligned with the overall business strategy. The whole point of KPIs is to show you how effectively your strategy is working by indicating progress toward your strategic goals.

Supply Chain Software 100

Supply Chain Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 100

Freightos

JULY 26, 2018

Amazon is at the nexus of ecommerce, data, and logistics, with a drive to constantly improve their logistics network. That’s 258 operational facilities in the US and another 486 distributed around the world (see map below, data from MWPVL ). And the career data below spells out a strong ocean slant. Team Analysis.

Logistics Network Optimization Software 53

Logistics Network Optimization Software Data Supply Chain Planning Software Manufacturing Procurement 53

Ship Monk

MARCH 30, 2024

In a nutshell, ShipMonk’s proprietary 3PL software offers you mastery of: Order Management Inventory Management Warehouse Management Fulfillment Automation Market Integrations All Order Data (Real-time and Historical) Add to that, when using ShipMonk 3PL software, you’ll always have complete transparency and access to customer support.

3PL 83

3PL Supply Chain Design Software Optimization Software Supply Chain Software 83

Logistics Bureau

AUGUST 1, 2022

Often, in our experience, the problem is a human one… It’s not the data, not the process, not the technology, or the strategy, but the people. Pundits typically emphasize data and digital technology when proselytising for the S&OP concept. S&OP is ostensibly a numbers game, of course. The Demand Planner.

Supply Chain Planning Software 104

Supply Chain Planning Software Scenario Planning Operations Supply Chain Design Software 104

Logistics Bureau

APRIL 4, 2022

The answer is to benchmark your freight, of course. At Logistics Bureau, we want to help you with that, so we’re publishing this brief guide to help you if you haven’t already included freight benchmarking in your management strategies or want to benchmark more effectively than you are now.

Negotiating Skills 82

Negotiating Skills Purchasing Skills Logistics Network Optimization Software Supply Chain Planning Software 82

Turvo

JUNE 12, 2020

It rests in understanding the value of collaborative logistics , including the causes of shrinking profit margins in freight brokerages, how analytics and data allow Freight Brokers to measure and improve the health of their business, and immense opportunities to apply analytics, drive collaboration, and lower freight costs for customers.

Cost Reduction 53

Cost Reduction Expense Reduction Resource Reduction Supply Chain Planning Software 53

GlobalTranz

JULY 14, 2015

Take a look at how the IoT supply chain is changing the landscape in terms of equipment functionality, shipping processes, invoicing and payments, and analysis of trends. Automated Data Transfers. Analysis of Trends and Recommendations. In some cases, human intervention and input will be completely eliminated.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

Logistics Bureau

NOVEMBER 16, 2020

The main lack of talent is in middle management, especially in big data analytics and supply chain planning, where the shortage is around 54%. You could be particularly numerate, or into analysis. If university study is a little beyond you right now, one of the certification courses might work better for you. Data Managers.

Supply Chain Planning Software 115

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

Logistics Problem Solving

JUNE 2, 2017

Stale, Incomplete Data Is a Problem in Problem Solving. Usually it’s the data. Many times, the shipper goes to their IT department to get the data they need to run an analysis to find out how compliant they are or to look for strategies to lower their spend. Insight —how actionable will the data be?

Logistics Network Optimization Software 75

Logistics Network Optimization Software Resource Reduction Cost Reduction Logistics 75

GlobalTranz

FEBRUARY 19, 2018

Big Data Utilized with other Automated Logistics Technologies to Improve Efficiency and Logistics. Big data is among the most important automated logistics technologies to affect logistics in 2018. According to Edicom , the impact of big data will be further enhanced through cloud computing technologies. Download Here.

Supply Chain Software 68

Supply Chain Software Logistics Network Optimization Software Optimization Software Automation 68

Logistics Bureau

JANUARY 7, 2020

Of course, it is helpful to have some statistics on hand to validate the statement above. Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. What’s wrong with this picture?

Supply Chain Design Software 122

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 122

Logistics Viewpoints

NOVEMBER 2, 2021

When you can barely see beyond the bow of the ship, when extreme wind and waves threaten to throw you off course – or worse, sink you – it’s understandable that long-term thinking can get chucked overboard like so much extra ballast. I can only imagine what it must be like to be at sea during a major storm.

Supply Chain Planning Software 111

Supply Chain Planning Software Scenario Planning Supply Chain Design Software Modeling Software 111

Logistics Bureau

AUGUST 7, 2023

Standardise and Digitise The key to managing complexity, of course, is to be organised. The ecommerce logistics practitioner must instead integrate reverse logistics into his or her company’s inventory management strategies and processes. Try to establish consistency in the identification of your company’s products. Why is this?

Inventory Reduction 89

Inventory Reduction eCommerce Inventory Procurement Solutions 89

GlobalTranz

MARCH 13, 2015

Have Easy to Analyze Actionable Insight Gleaned from the Data Created in the Transportation Management System. There are, of course, tactical metrics for accounting functions like viewing open and paid invoices or the ability to identify when shipments are due, but also must include strategic metrics and reports for more in-depth analysis.

Logistics Network Optimization Software 95

Logistics Network Optimization Software Transportation Cost Reduction Price Reduction 95

GlobalTranz

SEPTEMBER 8, 2017

In such a setup, performance and data security are key, and as such cloud technologies working with Web services to provide efficient collaboration and trade partner visibility. In the course of operation, the business is exposed at multiple points across its stages of supply chain. Define your strategy and be open from the outset.

Supply Chain Software 83

Supply Chain Software Supply Chains Digital Waste Reduction 83

Logistics in War

DECEMBER 2, 2019

I have been extremely fortunate to interview a range of senior military officers and public servants through the course of academic research in 2017. Strategy is a concept of relating means to end; it is complex and subtle and is about thinking, vision, learning as opposed to planning. Strategic failure.

Negotiating Skills 50

Negotiating Skills Sourcing Strategies Resource Reduction Military 50

Ship Monk

DECEMBER 15, 2023

We also hope you’re paying close attention to the data coming in because this will become your baseline for many BFCM seasons to come. Mature ecommerce businesses use every source of data they can get their hands on, from shopping platform analytics to inventory and fulfillment platforms. Did you run out of inventory?

Purchasing Skills 64

Purchasing Skills Material Savings Supply Chain Planning Software Procurement Analytics 64

Logistics Viewpoints

FEBRUARY 8, 2022

For most companies, margins only declined further in 2021, as product shortages and transportation roadblocks forced all supply chain participants to make critical decisions on the fly, acting without complete information or hard data. The New Imperative: Visibility, Followed by a Synchronized Response.

Optimal Sourcing 112

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

Logistics in War

NOVEMBER 13, 2017

Through the course of 2017, and because of my academic research, I have been extremely fortunate to interview a range of senior military officers and public servants. Strategy is a concept of relating means to end; it is complex and subtle and is about thinking, vision, learning as opposed to planning. By David Beaumont.

Negotiating Skills 69

Negotiating Skills Sourcing Strategies Resource Reduction Military 69

Blue Grace Logistics

JANUARY 18, 2018

Data analysis and predictive modeling are just the beginning of the industry’s new bag of tricks. This change won’t take place overnight of course, but the gradual change will build up to a complete revision of the industry. Warehousing will see some of the biggest investments in robotics over the course of 2018.

Supply Chain Software 48

Supply Chain Software Supply Chain Design Software Supply Chain Planning Software Digital 48