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 Bureau

FEBRUARY 7, 2022

One point of focus explores how to incentivise the large pharmaceutical manufacturers to make generics and lower-cost items that could then be shipped to where they’re needed. But with supply chains’ sole purpose being to meet demand, it becomes challenging to make assumptions and then learn anything back about those assumptions.

Supply Chains 102

Supply Chains Course Manufacturing Procurement Video 102

Talking Logistics

SEPTEMBER 12, 2017

If your team isn’t challenged to meet their goals, your bar is likely set too low. Going “red,” defined as not meeting stated goals, should not be treated as an abject failure if continuous improvement is anywhere in your business plan. No line of communication should ever take a one-and-done approach.

Supply Chain Planning Software 63

Supply Chain Planning Software Supply Chain Software Supply Chains How To 63

Blue Grace Logistics

JULY 21, 2020

You need to pick up the pace and ensure that your processes are leaner, faster, and you are equipped to meet your customer’s expectations. Understanding the nuances of your supply chain and how to improve upon it is the best way to achieve maximum savings, optimize efficiency, and manage customer expectations. Putting it into Action.

Optimal Sourcing 62

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

GlobalTranz

MARCH 3, 2016

How to start a freight brokerage. Turning on your business know-how is important too, because you need careful analysis and critical thinking to make the best of existing opportunities. Getting the top freight broker training books is also important, so you can always refer to them when you’re unsure how to go ahead.

Negotiating Skills 51

Negotiating Skills How To Buyer Training Freight 51

GlobalTranz

MARCH 8, 2016

This blog post is from Nick Rojas on how to increase your brand identity in offline events, such as trade shows. Brand Identity Analysis: Carry it Over. If you are struggling with this, the problem is not printing but how you are thinking about your brand. We hope you find it helpful! Training is key for this strategy.

Material Savings 49

Material Savings How To Supply Chain Design Software Blog 49

Logistics Bureau

AUGUST 7, 2023

In this article, we’ll look at some of those challenges and explore potential solutions to help you and your IM team meet the burgeoning demand for fast and accurate order fulfilment. So what can you do to ensure your inventory management meets the challenge of multichannel sales?

Inventory Reduction 89

Inventory Reduction eCommerce Inventory Procurement Solutions 89

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. Does your company use incandescent, halogen, or HID lighting in its warehouses?

Cost Reduction 107

Cost Reduction Purchasing Skills Waste Reduction Material Savings 107

Logistics Bureau

AUGUST 1, 2022

The other critical role of the Supply Chain Head is to execute and lead the monthly S&OP meetings. The first of these is the pre-S&OP meeting , during which teams on the supply and demand side, typically comprising sales, marketing, finance, operations, and logistics representatives, will reconcile the demand and supply plans.

Supply Chain Planning Software 104

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

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. Indeed, there is no real solution or framework to optimize perfectly your inventory , unless you know how to predict the future and therefore I would love to meet you. AI, indeed, can be a great help.

Inventory Reduction 40

Inventory Reduction Inventory Optimization Software Course 40

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

Morai Logistics

AUGUST 16, 2018

Prescriptive analytics is a decision making model that can help supply chains meet the increasing demands that have resulted from the revolution of technology. Now more than ever, the supply chain and logistics industry is under pressure to meet the unprecedented growing demands of consumers. Benefits for Supply Chains.

Supply Chain Software 60

Supply Chain Software Supply Chains Modeling Software Logistics Network Optimization Software 60

3PL Links

MARCH 21, 2023

In order to ensure that your organization can take safeguards, we will discuss the key supply chain risks in this article as well as how to measure supply chain performance. Read also: How to Innovate Your Supply Chain Management: What You Need to Know What are the main supply chain risks?

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 62

Logistics Viewpoints

MARCH 1, 2021

Once the analysis was done for Year One set up, Year Two was pretty much the same. Network design and optimization tools help companies understand how to best leverage enterprise assets across their supply chain networks and where their production volumes should be optimally located. It was predictable.

Supply Chain Design Software 107

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 107

Logistics Bureau

OCTOBER 10, 2022

Instead, your company’s optimal inventory performance will be such that you can meet the service levels you aspire to (or to which your customer agreements commit you) with the barest minimum negative impact on profit and working capital. How to Improve Forecast Accuracy for Optimal Inventory. 2: Forecast Accuracy.

Inventory Reduction 114

Inventory Reduction Inventory Optimization Modeling Optimization Software 114

Conger

JANUARY 17, 2023

Because in this ultimate guide, you'll learn everything you need to know about the 5S warehouse system, including: What warehouse 5S is The 8 key benefits of 5S-ing your warehouse How to easily implement a warehouse 5S protocol And lots more! Allow feedback and read meeting comments to help you initiate improvement. Let's dive in!

Waste Reduction 52

Waste Reduction Inventory Reduction Cost Reduction Resource Reduction 52

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. It may do, but how do you know? Step 2: Gap Analysis – Customer Requirements and Supply Chain Trends. Now it’s time to start looking at how you will enable those capabilities.

Inventory Reduction 106

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 106

Logistics Bureau

MAY 8, 2023

By neglecting or underestimating the need for meaningful analysis, they typically fail to attain anything like the value they might receive with effective carrier management. Only proactive and dedicated freight management can help businesses like yours meet these expectations and do so without excess cost to your enterprise.

Negotiating Skills 62

Negotiating Skills Cost Reduction Resource Reduction Price Reduction 62

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. How to Calculate Inventory Days of Supply. Use weekly, monthly, and year-on-year data for your analysis. Average sales in a month: 600. Bringing Suppliers on Board.

Supply Chain Design Software 96

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

GlobalTranz

JANUARY 17, 2017

Instead, they can use today’s information to create near real-time demand forecasts, allowing for immediate adjustment of production and distribution to meet changing demands. Of course, reports Predictive Analytics Times , analytics also possess potential to change how companies obtain the raw materials for their products.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

Bringg

MARCH 24, 2021

To meet the new demand, companies will have to adjust their operations for greater efficiency, flexibility, and cost reduction. Now that the elements and phases of a supply chain are clear, here are some best practices for how to optimize your supply chain that are applicable to every industry: . More business, less waste.

Optimal Sourcing 62

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

WorkWave

SEPTEMBER 2, 2021

This guide looks at all the critical aspects of how to start a delivery service business. There are various helpful tips out there you can use on how to buy a delivery route. While the other business structures are suitable, you may have to meet many more requirements. Tips for Starting a Home Delivery Business.

Logistics Network Optimization Software 52

Logistics Network Optimization Software How To Optimization Software Procurement Solutions 52

GlobalTranz

MAY 22, 2015

And, it starts with breaking free of analysis paralysis. You see, part of the reason analysis paralysis occurs, is because we become too hesitant to act upon our ideas or dreams. The primary method of assistance, of course — making sure your bottom line is as healthy as possible! You can check them both out at Amazon.com.

Resource Reduction 94

Resource Reduction Analysis Groups Conference 94

Conger

JULY 28, 2022

How to Measure Warehouse Safety. How Safe Are Warehouses? How to Measure Warehouse Safety. Otherwise, how will you know if things got better, worse, or stayed the same? Near misses provide insight into the factors that led to the unsafe incident and provide a framework for how to fix them. Let’s dive in!

Tips 52

Tips Material Savings Training Materials Handling 52

Logistics in War

FEBRUARY 8, 2020

It is, of course, prudent to be as self-reliant as practicable. It may be a time to seriously question what full or partial industrial mobilisation might entail for the nation – or more importantly how to actually do it. Perhaps a similar guide, issued at the highest level, before embarking on any future analysis.

Military 64

Military Operations Resource Reduction Supply Chain Planning Software 64

The Logistics Academy

FEBRUARY 13, 2017

Darren Prokop, University of Alaska Anchorage (UAA): As in the academic world in general, there is a trend to online course delivery. Another trend is learning how to deal with the avalanche of data that supply chain managers have at their fingertips. My courses change from year to year based on industry events and trends.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 40

Logistics Bureau

OCTOBER 11, 2021

If so, your enterprise’s good fortunes are probably tempered by the challenges of meeting unprecedented demand for your wares. 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.

eCommerce 62

eCommerce Supply Chain Planning Software Negotiating Skills Material Savings 62

247 Customs Broker

APRIL 6, 2018

Sure, every facility has plans, like min/max levels for SKUs, replenishment schedules and maybe even some local labor planning to assess if a distribution center can meet a peak season rush. The trick, of course, is how to make S&OP more effective, and thus more beneficial to managers in the trenches. Assess scenarios.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Software 28

Logistics Bureau

NOVEMBER 14, 2018

Even if you simplify your product range and your upstream suppliers, you still have to deal with the ramifications of diverse customers, their expectations, their location and the logistics needed to meet their requirements. It can of course also be used to make an already profitable relationship even more profitable!

Purchasing Skills 88

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

GlobalTranz

JANUARY 21, 2015

Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. Reverse marketing starts first with Value Analysis. Light lunch: cold cuts, bread coffee, and soda: simple: this expenditure is up to you, of course.

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

Logistics Bureau

MAY 31, 2021

The tips in this article will help you know how to identify the customers, products, and processes that might be inflating your cost to serve (CTS) unnecessarily. Detailed cost-to-serve analysis can be complex and time-consuming, so it’s a good idea to break the task down by priority and target specific areas on which to concentrate.

Cost Reduction 117

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 117

Logistics Viewpoints

MARCH 21, 2021

According to one survey , only 27% of leaders believe that they have the talent needed to meet current supply chain performance requirements. AGCO has received well deserved acclaim for the agility with which they navigated the pandemic ( How They Did it: AGCO and COVID-19 ). AGCO Logistics Team Accepts Prestigious Supply Chain Award.

Supply Chain Planning Software 144

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 144

Ship Monk

NOVEMBER 1, 2022

Of course it would, and that’s why ShipMonk exists. Predictable Spend and Performance Analysis. We can change course at the drop of a hat. How to Implement the Virtual Carrier Network? Run the shipping analysis. In short, it all has to line up with the shipping analysis. What about Rate Shopping?

Networks 52

Networks Negotiating Skills Inventory Reduction Cost Reduction 52

247 Customs Broker

MARCH 5, 2018

Machine learning can help companies make sense of all the data that can be harvested and provide recommendations on how to respond to likely disruptions or opportunities,” says Vernon. Routing optimization and analysis of shipping capacity are shaping up as good niches for predictive analytics, says Vernon.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Software Optimization Software Optimal Sourcing 28

247 Customs Broker

MARCH 7, 2018

Machine learning can help companies make sense of all the data that can be harvested and provide recommendations on how to respond to likely disruptions or opportunities,” says Vernon. Routing optimization and analysis of shipping capacity are shaping up as good niches for predictive analytics, says Vernon.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Software Sourcing Strategies Logistics Network Optimization Software 28

Conger

MARCH 19, 2021

Of course, there can be many exceptions to these rules, as is usually the case with taxes. And that's why companies should perform a lease-versus-buy tax analysis for each piece of equipment they plan to acquire. If you're unsure how to perform such an analysis, you should consult a tax adviser. Raymond Leasing.

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Purchasing Skills Manufacturing Procurement Procurement Analytics 52

GlobalTranz

OCTOBER 23, 2018

Accident causation analysis, or what’s also called root cause analysis, takes complex human psychological factors into account. This includes minutes of your safety meetings, response to safety concerns, SOPs, hazardous materials papers, training initiatives and investigation reports. That can be a hard combination to find.

Buyer Training 94

Buyer Training Material Savings Training Materials Handling 94