Logistics Viewpoints

FEBRUARY 8, 2022

Manufacturers, retailers and their logistics partners often managed supply and demand volatility by shifting scarce inventory among stores or distribution centers, or investing in expedited freight charges, without considering the real implications of these strategies on their long-term profitability.

Optimal Sourcing 113

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 113

Bringg

MARCH 24, 2021

To meet the new demand, companies will have to adjust their operations for greater efficiency, flexibility, and cost reduction. Studying the market is vital at this phase. That being said, it’s also as important to consider competitors’ strategies to respond to demand. . Use data to reduce costs & properly forecast.

Optimal Sourcing 62

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

FLS Transport

MARCH 18, 2021

These laws would classify workers as an “employee” of the company unless that worker performs a service “outside the usual course of the business of the employer.” Another round of stimulus has passed, inventories remain decimated and economies are recovering as states reopen. Reduced 2020 traffic gave back drivers billions of hours.

Freight 98

Freight Price Reduction Inventory Reduction Cost Reduction 98

Logistics Bureau

NOVEMBER 16, 2020

One study shows that one in three companies in the United States has jobs that are taking nine to 12 months to fill. Another study reveals that the demand for supply chain talent exceeds supply by 6 to 1. You could be particularly numerate, or into analysis. It was seen as an unglamorous, little-understood niche field.

Supply Chain Planning Software 115

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

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

Logistics Bureau

MAY 24, 2019

If you were to tell me that your company had never looked at its supply chain costs and sought to deliver reductions, I would be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supply chain cost reduction, I wouldn’t be surprised at all.

Cost Reduction 65

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 65

GlobalTranz

JULY 14, 2015

In some cases, human intervention and input will be completely eliminated. 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. Analysis of Trends and Recommendations. IoT and Machine Functionality.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

GlobalTranz

JANUARY 21, 2015

As a supply chain director, manager, or boss of a multinational corporation, where the supply chain is an integral part of your business, supply chain cost reductions are always at the forefront of your team’s mind. Vendor Managed Inventory Model for Supply Chain Cost Reductions. What is Reverse Marketing?

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

Logistics Bureau

OCTOBER 9, 2023

Quality and Detail of Data and its Analysis In some of our earlier posts, we’ve stressed the importance of simplicity in distribution network design , and we will return to that topic later in this article. It’s not a short list, so we’ll set it down here as a summary to help you with plans for analysis.

Supply Chain Design Software 90

Supply Chain Design Software Supply Chain Design Distribution Networks 90

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. On the more traditional side, evaluating where and how to position inventory to serve both online and brick-and-mortar retail customers is a big logistics issue.

Supply Chain Design Software 40

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

247 Customs Broker

JANUARY 4, 2019

To feed this demand, they’re educating personal shoppers, developing new technologies to handle the last-mile, rethinking distribution networks and inventory planning, and partnering with technology companies. Such training and technology require both time and money, which can cut into grocers’ bottom line.

Logistics Network Optimization Software 28

Logistics Network Optimization Software Supply Chain Planning Software Expense Reduction Inventory Reduction 28

Logistics Bureau

MAY 31, 2021

Let’s begin with a look at why, in general, retailers with multiple sales channels are more likely to experience difficulties in reducing cost-to-serve. Additional network complexity: It can be troublesome to juggle inventories for conventional and digital retail sales channels. Where to Start Looking for Cost-to-Serve Reductions.

Cost Reduction 117

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 117

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.

eCommerce 84

eCommerce Inventory Reduction Operations Modeling Software 84

Logistics Bureau

MAY 8, 2023

If your company has yet to go through such a process, you’re at risk of missing a golden opportunity to reduce logistics costs and improve service with outsourced freight management. That’s not to say outsourcing will be suitable for every company.

Negotiating Skills 62

Negotiating Skills Cost Reduction Resource Reduction Price Reduction 62

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. Effective Demand, Supply, and Inventory Planning. Right-Sizing Safety Stock.

eCommerce 62

eCommerce Supply Chain Planning Software Negotiating Skills Material Savings 62

Logistics Viewpoints

JULY 18, 2022

Products, of course, can be picked up at the branches. This is an important analysis tool for maintaining a well-run supply chain. Ferguson does 20 to 30 studies a year using this tool. A single study can drive millions in savings while maintaining or even improving service levels. Across the US, Ferguson has 6.5

Supply Chain Design Software 132

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 132

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. Alex Pradhan, Product Strategy Leader John Galt Solutions, told me that “all planning vendors have bold marketing around AI.” However, this kind of AI does not work out of the box. Final Thoughts.

Supply Chain Planning Software 170

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 170

Ship Monk

APRIL 28, 2023

In addition to satisfying conscientious consumer demand, eco-friendly efforts can benefit your ecommerce business by reducing waste within your company and improving operational efficiencies. Translation: these ecommerce businesses have operating standards that minimize or reduce negative impact on the planet. We have proof.

eCommerce 66

eCommerce Waste Reduction How To Material Savings 66

3PL Links

JULY 7, 2023

The Role of Data Analytics in Supply Chain Management | Image source: Pixabay This article describes the transformation that data analysis and the supply chain are fostering and how it will impact business intelligence. Intelligence-driven businesses are interested in supply chain management and data analysis.

Supply Chain Software 48

Supply Chain Software Supply Chains Data Logistics Network Optimization Software 48

Logistics Viewpoints

MARCH 21, 2021

The skills enhancement program, dubbed Strategic Capabilities Planning, will include a mix of internally supply chain programs, systems education and external APICS courses – APICS is now part of the Association for Supply Chain Management. The premise of the study was interesting. We never had that before.”

Supply Chain Planning Software 144

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

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. In other words, it often makes sense to see how you can transform unprofitable customers into profitable ones, rather than cutting them off.

Purchasing Skills 88

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

247 Customs Broker

MARCH 7, 2018

Routing optimization and analysis of shipping capacity are shaping up as good niches for predictive analytics, says Vernon. Hyperloops could one day send pods filled with cargo zipping through a tube at 700 miles per hour, using magnetics to reduce friction. Driverless Trucks. Estimates vary on the uptake for driverless trucks.

Supply Chain Planning Software 28

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

GlobalTranz

SEPTEMBER 23, 2015

Supply Chain big data is the ultimate compilation of data gathered in the course of business. This includes risk analysis, detailed reports of how a supply chain functions, and even lead generation. Increase of 50% in optimization of inventory and asset productivity. What Is Supply Chain Big Data?

Supply Chain Design Software 108

Supply Chain Design Software Supply Chain Software Supply Chain Design Procurement Analytics 108

247 Customs Broker

MARCH 5, 2018

Routing optimization and analysis of shipping capacity are shaping up as good niches for predictive analytics, says Vernon. Hyperloops could one day send pods filled with cargo zipping through a tube at 700 miles per hour, using magnetics to reduce friction. Driverless trucks. Estimates vary on uptake for driverless trucks.

Supply Chain Planning Software 28

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

Logistics Bureau

APRIL 3, 2018

No doubt if you rely on a distribution network to supply customers in Thailand, you have been keeping an interested eye on developments, as at some point, they may provide opportunities to reduce logistics costs for your business. Network Optimization Mini-case-study: Building Products Supplier.

Distribution 48

Distribution Networks Optimal Sourcing Material Savings 48

247 Customs Broker

APRIL 5, 2018

The book (with supporting writer Edgar Blaco ), for example, quotes an executive at one company saying that “If it reduces costs we will do it; otherwise we will not” with regard to sustainability initiatives. And of course most can’t. Most sustainability books in my view do not present the full 360 view.

Supply Chain Planning Software 28

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

247 Customs Broker

APRIL 19, 2018

An off-cited analysis from McKinsey in late 2017, for example, found automation could destroy as many as 73 million US jobs by 2030, about one third of all jobs in the country. Of course we all need to up our game. Inventory Specialist, Syncron. That is quite a different matter.

Supply Chain Planning Software 28

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

GlobalTranz

MARCH 28, 2016

Using AI driven product nature of being and smart attributes, data can be structured to support the needs of ERP applications as well as strategic sourcing and Value Analysis activities , all from one data set. Gelernter observes that the mind operates in different ways through the course of each day.

Logistics Network Optimization Software 56

Logistics Network Optimization Software Optimization Software Modeling Software Supply Chain Software 56

Material Handling and Logistics

OCTOBER 26, 2018

Proponents of this initiative argue that in the future, the combination of robots, automation and AI will so dramatically reduce the need for workers (and create high permanent unemployment levels) that at some point, we will have to adopt some minimum level of guaranteed income for all working age citizens.

Supply Chain Design Software 89

Supply Chain Design Software Supply Chain Software Inventory Reduction Supply Chain Planning Software 89