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 81

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 81

Blue Grace Logistics

JULY 27, 2021

Approaching a demand analysis with historical data and seasonal variations is no longer competent. Brand identity, interactive marketing campaigns and differential lifestyles complicate a perfect trend analysis model. Combining regular data analysis with human touch and giving context to these results will create meaningful decisions.

Procurement Analytics 62

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

Logistics Bureau

MAY 31, 2021

For example: Compared to selling a product in-store, the cost to deliver that same item as a small parcel can be several times higher. The above examples reflect costs that include picking, packing, and last-mile delivery. The list above is not exhaustive but merely provides some notable examples of cost drivers.

Cost Reduction 117

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 117

Logistics Viewpoints

AUGUST 3, 2022

There are many other similar growth examples in warehouse automation. Do they have reason to believe it has run its course? My research process at ARC includes the review and analysis of publicly available information, as well as interviews with corporate executives and market participants to obtain additional “color”.

Supply Chain Software 132

Supply Chain Software Automation Materials Handling Analysis 132

The Lean Thinker

APRIL 20, 2020

At KataCon 2020, Steve Medland posed a problem that comes up fairly often: The default Toyota Kata process analysis (“grasp the current condition”) involves determining takt times and cycle times for the process, and a lot of processes don’t have an obvious repeating cadence. are an example of this.

Capacity 360

Capacity Tools Examples Presentation 360

Ship Monk

FEBRUARY 9, 2024

Accurate data forecasting requires accurate data, robust data analysis tools, and people who understand how to use them. Of course, the more data you need and the more sophisticated your methods are, the more expensive demand forecasting becomes. The amount of data available usually depends on the maturity of the product.

eCommerce 83

eCommerce Inventory Reduction Operations Modeling Software 83

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.

Supply Chain Software 98

Supply Chain Software Trucking Expense Reduction Resource Reduction 98

Logistics Bureau

OCTOBER 10, 2022

For example, you can optimise for cost, profit, or service, but not for all of them. The second is when you implement segmentation of the SKUs in your portfolio based on Pareto analysis. For example, inaccurate forecasts typically lead to: Overstocking — a problem that ties up working capital and can lead to inventory obsolescence.

Inventory Reduction 114

Inventory Reduction Inventory Optimization Modeling Optimization Software 114

IoT World Today

FEBRUARY 6, 2020

Of course, you can build more tracks and there are places in the Netherlands where it would be easy to do this, but in areas like the Randstad conurbation, where extra capacity is needed most, it’s going to be difficult,” said Pier Eringa, CEO of ProRail in an article on the railway’s efforts to boost capacity and speed.

Efficiency 135

Efficiency Networks Optimization Software Training 135

Logistics Bureau

JULY 11, 2022

Hopefully these examples will prove helpful if you are building a new supplier scoring process, overhauling your existing metrics portfolio, or just looking for some practical supplier performance measurement ideas. Example: Purchase order quantity in current month = 200,000 units, Quantity received = 199,880 units. Delivery On-time.

Procurement Analytics 107

Procurement Analytics Procurement Solutions Purchasing Skills Inbound 107

Logistics Viewpoints

FEBRUARY 28, 2022

In the course of updating our annual research on the supply chain planning market , I talked to executives across the industry. Lead times, for example, are a critical form of master data for planning purposes. The processing units in an oil refinery, for example, operate at high temperature and high pressure.

Supply Chain Planning Software 169

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 169

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. Supplier Defect Rate.

Procurement Analytics 117

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 117

Logistics Bureau

FEBRUARY 7, 2022

Of course, a lack of support from universities means that there are no locally produced supply chain professionals. However, I think the only way to make meaningful progress in these geographies is, of course, to have local talent there all the time helping to solve these problems. Kenya is a big exception.

Supply Chains 102

Supply Chains Course Manufacturing Procurement Video 102

Logistics Viewpoints

SEPTEMBER 5, 2021

All the disruptions caused by the pandemic, of course, has contributed to this. This practice, known as vendor managed inventory , is an excellent example of lean. President Joe Biden holding up a wafer of semiconductor while discussing ways to address a semiconductor shortage. April 12, 2021. When Should Inventory be “Fat”?

Manufacturing Procurement 101

Manufacturing Procurement Supply Chain Design Software Supply Chain Design Supply Chain Software 101

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. Rapid adjustments in reaction to changes in the market or supply chain disruptions will be possible with real-time data analysis.

Sourcing Strategies 48

Sourcing Strategies Trends Inventory Reduction Logistics Network Optimization Software 48

Logistics Viewpoints

SEPTEMBER 13, 2021

All the disruptions caused by the pandemic, of course, has contributed to this. This practice, known as vendor managed inventory , is an excellent example of lean. President Joe Biden holding up a wafer of semiconductor while discussing ways to address a semiconductor shortage. April 12, 2021. When Should Inventory be “Fat”?

Manufacturing Procurement 97

Manufacturing Procurement Supply Chain Design Software Supply Chain Design Supply Chain Software 97

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. It can of course also be used to make an already profitable relationship even more profitable! Customer-specific services.

Purchasing Skills 88

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

Shipchain

MARCH 10, 2020

Data is generated in all parts of last-mile delivery, and analysis of this information can help companies become proactive rather than reactive with their delivery methods. Below is an overview of the benefits of data as well as examples of how it has helped companies with their final-mile distribution.

Data 62

Data Optimization Software Modeling Software Logistics Network Optimization Software 62

MTS Logistics

SEPTEMBER 15, 2023

Information on the accreditation process and details on courses offered by CBP and PGAs will be posted on the CBP website as they become available. Training and educational opportunities offered by a third-party outside of CBP, or PGAs will require approval by a CBP-selected accreditor.

Buyer Training 77

Buyer Training Exercises Maintainability Training 77

Logistics Viewpoints

FEBRUARY 26, 2024

For example, when a UPS strike was looming last year, the Interos solution automatically highlighted Cooper’s strategic suppliers that relied on UPS for shipping. Of course it would! Agility and Resilience Dr. Runkle gave a few examples of the varied ways in which they use the solution to improve their operations.

Supply Chain Planning Software 149

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 149

MTS Logistics

DECEMBER 29, 2023

An example from the recent past is that in March 2021, the 400-meter-long and 59-meter-wide giant ship Evergiven , was stuck in the canal disrupting two-way navigation traffic for 6 days. It is difficult to predict the course of the process as of early 2024. Rising tensions in the area could become a major threat to the global economy.

Military 63

Military Security Maritime Supply Chains 63

Logistics Business Magazine

MARCH 17, 2022

Intelligent video analysis provides you with insights that allow you to check back to when a fault occurred, take the appropriate action and then follow up to ensure the same fault doesn’t occur again. Intelligent video analysis gives you an efficiency boost and a way to work with continuous improvement, says Persson. “An

Logistics Network Optimization Software 55

Logistics Network Optimization Software Supply Chain Software Video Logistics 55

Logistics Bureau

NOVEMBER 6, 2023

Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency. For example, you could reduce human labour by deploying robotic equipment or other forms of direct automation.

Cost Reduction 107

Cost Reduction Purchasing Skills Waste Reduction Material Savings 107

Logistics Bureau

JULY 18, 2022

For example, you don’t want to assume that a single logistics strategy and service approach will meet all your customers’ needs. Step 2: Gap Analysis – Customer Requirements and Supply Chain Trends. Now you know what your customers genuinely expect from your outbound and reverse supply chain, so it’s time to undertake a gap analysis.

Inventory Reduction 106

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 106

Logistics Bureau

OCTOBER 20, 2021

“Paralysis by analysis” is a common term used to describe such a situation, and you can avoid it by monitoring a smaller number of carefully chosen KPIs. As an example of how illuminating the perfect order KPI can be, let’s look briefly at damage-free delivery as an example. x 0.96 = 0.8661.

Supply Chain Design Software 96

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 96

Logistics Bureau

OCTOBER 11, 2021

The first steps, of course, are to understand the challenges you face, prioritise them for action, and consider the resources and help you need to meet and overcome them. There are, of course, several ways to achieve a logistics knowledge infusion. Of course, as an enterprise grows, it becomes harder to coordinate all the moving parts.

eCommerce 62

eCommerce Supply Chain Planning Software Negotiating Skills Material Savings 62

Logistics Viewpoints

JUNE 29, 2021

For example, my company relies heavily on “lat-long” data, or data that provides latitude and longitude coordinates for freight. Master data management helps ensure uniformity, accuracy and consistency of data, while data federation optimizes it for analysis.

Data 146

Data Supply Chain Design Software Supply Chain Planning Software Digital 146

Logistics at MPEPS at UPV

MARCH 15, 2021

According to the article “ How IoT can improve the logistic pro ces s ” the internet of things (IoT) provides data, which describes objects “physical assets” for example a good to be transported and distributed worldwide.

Case Study 52

Case Study Study Logistics Network Optimization Software Supply Chain Planning Software 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. But, of course, what those circumstances are is for you to decide. Let’s take ecommerce as an example. But just because you can outsource it all doesn’t mean you should.

Outsourcing 87

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 87

IoT World Today

MAY 21, 2020

Supply chains will survive COVID-19, of course, but not without interim pain and structural change. To reduce costs and shipping delays, and to optimize inventory, manufacturers like his need to know precisely when, for example, to manufacture boxes that its retailer customer will use to ship the products it sells.

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 145

Logistics at MPEPS at UPV

MARCH 31, 2019

Following an interesting course about Inventory Management, we received this phrase in a conclusion e-mail, that made me think. The most talkative example here (of course…) the giant of retail Amazon. The fact that there is not an all-done solution for Inventory Management, is because information is always lacking.

Inventory Reduction 40

Inventory Reduction Inventory Optimization Software Course 40

Shipping and Freight Resource

DECEMBER 9, 2021

Executive Insights is a series by Shipping and Freight Resource that provides useful insights and thoughtful analysis on what is happening in the maritime, shipping, freight, logistics, supply chain and trade industries. For example, in the airline industry, everything is digitalized now and this happened because IATA has been defining the.

Data 90

Data Supply Chain Planning Software Supply Chain Software Digital 90

Blue Grace Logistics

JULY 21, 2020

For example, technology helps to maximize efficiency and, in turn, increase profitability. Of course, the first step in this process is often the most daunting. “Understanding how to create an overview of your supply chain is the very first step in measuring what your company is doing right now and what your current process looks like.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Cost Reduction Supply Chain Software 62

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. For example, a subtle change in hydraulic pressure may still permit the machine to operate. 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 Business Magazine

APRIL 28, 2023

Each of these areas can of course stand alone; however, when combined, they provide an incredible advantage. For example, the KiSoft software configures the AMRs, so they go where they are needed, and also trains the KNAPP Pick-it-Easy Robot picking robots so they continually improve. This is exactly the combination KNAPP focuses on.

Modeling Software 57

Modeling Software Logistics Network Optimization Software Picking Handling 57

Logistics Business Magazine

JULY 1, 2022

That is why we have conducted extensive surveys and analysis. Q: Can you give some specific examples? Spatially constrained warehouses in urban environments, for example, rely on high scalability of picking systems. BB: But if course on the customer! Most definitely not on technology implementation as such. Q: Instead…?

Supply Chain Planning Software 58

Supply Chain Planning Software Supply Chain Software Optimization Software Modeling Software 58

Logistics Business Magazine

JUNE 13, 2022

That is why we have conducted extensive surveys and analysis. Q: Can you give some specific examples? Spatially constrained warehouses in urban environments, for example, rely on high scalability of picking systems. A: But of course on the customer! Most definitely not on technology implementation as such.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Modeling Software Procurement Solutions 59