Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Why Choose a Job in the Supply Chain Industry?

Supply Chain Planning Software 115

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

Locus

JUNE 16, 2023

Say you purchase your coveted gadget online, eagerly tracking its journey from warehouse to your welcoming hands. Customer satisfaction and keeping costs in check rests on optimal last-mile delivery operations. Read also: How to Calculate the Cost of Transport 2.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

GlobalTranz

NOVEMBER 29, 2016

Editor's Note: Today's blog is the second part of Chuck Intrieri's series on how procurement and suppliers can avoid issues with their contracts. In part two, Chuck focuses on how to draft your terms and conditions. It Would Benefit Both Procurement and Suppliers To Write in a Clear, Friendly, and Organized Manner.

Procurement Analytics 84

Procurement Analytics Manufacturing Procurement Procurement Document 84

Logistics Bureau

APRIL 4, 2022

At Logistics Bureau, we capture, analyse, and exploit freight benchmarking data to help us when we provide freight contract negotiation services for our clients. How Can Your Business Benefit from Freight Benchmarking? There are several advantages to understanding your freight costs compared to the market generally.

Negotiating Skills 82

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

EazyStock

NOVEMBER 19, 2020

But when looking at the bigger picture the ‘best-price’ is not always the most cost-effective way to procure a product. A smart stock replenishment strategist will understand supply and demand nuances around the items being ordered and consider factors such as: Lead times – how quickly is the order needed?

Replenishment 98

Replenishment Optimal Sourcing Inventory Reduction Supply Chain Planning Software 98

GoShip Blog

APRIL 22, 2022

According to statistics, about 80% of customers prioritize personalized service when purchasing. How to implement demand forecasting in your supply chain? The demand predicting execution can seem challenging due to its complexity. The quantitative method relies on already existing sales data and previous demand tests.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chains 40

Trinity Logistics

NOVEMBER 30, 2021

And if you’re looking to purchase software outright versus outsourcing with a 3PL, you’ll soon realize that not all transportation management software companies offer the same thing. You’re going to need to build out a team of transportation management software specialists who can expertly use, read, and pull reporting from your new TMS.

Supply Chain Design Software 85

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Optimization Software 85

EazyStock

DECEMBER 13, 2021

Help Avoid Stockouts with a Simple Risk of Stockout Report. A basic risk of stockout spreadsheet can be easily set up using the following data: Current stock items, items on order and in transit. Ensuring your Data is Accurate and Up-to-Date. During times of supply chain disruption, stockouts are inevitable. Demand forecasts.

Inventory 52

Inventory Supply Chain Planning Software How To Supply Chain Software 52

Logistics Viewpoints

MAY 11, 2023

How the digital twin concept drives benefit By using advanced analytics and machine learning algorithms, digital twins can provide real-time insights and recommendations to optimize operations, reduce costs, and increase productivity. Do they purchase a 3D warehouse simulation and modeling tool?

Optimization Software 142

Optimization Software Supply Chain Design Software Modeling Software Digital 142

GlobalTranz

FEBRUARY 4, 2019

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause.

Supply Chain Planning Software 48

Supply Chain Planning Software Logistics Network Optimization Software Inventory Reduction Trends 48

Ship Monk

DECEMBER 15, 2023

billion, according to Adobe Analytics , up 7.5% Will consumers be reluctant to use credit cards for holiday purchases? For the first time, mobile purchases have overtaken desktop purchases. Shopify reports that sales were up 24% compared to last year, with 61 million consumers shopping globally this year.

Purchasing Skills 64

Purchasing Skills Material Savings Supply Chain Planning Software Procurement Analytics 64

Logistics Bureau

OCTOBER 20, 2021

You see, the set of primary data needed to keep an airliner aloft is (apparently) relatively simple—and the same is true of running a supply chain organisation. “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.

Supply Chain Design Software 96

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

Trinity Logistics

AUGUST 3, 2021

Having a TMS for your supply chain can help provide your company with greater visibility, better reporting, and improved performance through automating many manual processes. There’s a big difference between purchasing software to use from a company and working with a 3PL that offers it as a solution. GET MY FREE SUPPLY CHAIN ANALYSIS.

Supply Chain Design Software 138

Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software Procurement Solutions 138

EazyStock

MARCH 3, 2022

In this post, we explain how you can implement a just-in-case stock management strategy without the risk of tying up too much capital in unnecessary inventory items. How to implement JIC inventory management with optimum stock levels. Seasonal demand – religious festivals and seasonal weather patterns can affect purchasing habits.

Inventory Reduction 52

Inventory Reduction Inventory Supply Chain Planning Software Cost Reduction 52

Blue Grace Logistics

JULY 21, 2020

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. The data and analytics gathered during the measure phase is instrumental to a proper understanding of your operations. Putting it into Action.

Optimal Sourcing 62

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

EazyStock

OCTOBER 31, 2022

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. They can then understand how to limit the impact of supply chain disruption to continue to meet customer demand. Losing multiple customers will significantly impact revenue.

Supply Chain Planning Software 52

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

EazyStock

OCTOBER 31, 2022

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. They can then understand how to limit the impact of supply chain disruption to continue to meet customer demand. Gather internal and external data. Promotion management.

Supply Chain Planning Software 52

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

Talking Logistics

APRIL 25, 2019

As direct-to-consumer orders continue to increase, this trend in purchasing behavior is also driving the push for agility in MHE. As two-day shipping has quickly become the norm in e-commerce, data collection to increase awareness into costs and efficiency is critical.

Materials Handling 61

Materials Handling Supply Chain Planning Software Modeling Software Material Savings 61

EazyStock

FEBRUARY 1, 2021

In Q3 of 2020 Amazon reported sales up 37% year-on-year, with eBay close behind at 25%. The objective of eCommerce inventory optimization is to have the right products in the right place at the right time – as efficiently and cost-effectively as possible. Better Inventory Management for eCommerce.

Inventory Reduction 52

Inventory Reduction Optimization Software eCommerce Inventory 52

Logistics Viewpoints

MARCH 1, 2021

Once the analysis was done for Year One set up, Year Two was pretty much the same. It was predictable. What PMI needed, considering the long planning horizons, was a digital and analytics network design and supply optimization tool. River Logic came back with a working and validated model in less than one week. “We

Supply Chain Design Software 107

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

Conger

MAY 24, 2023

How Does Auto Replenishment Work? Automated inventory replenishment uses technology and real-world data to automatically manage reorder levels. Here's how it works: 1. This tracks each product or material’s level and gives the auto-replenishment solution real-time data on inventory levels.

Replenishment 40

Replenishment Supply Chain Planning Software Supply Chain Design Software Optimization Software 40

GlobalTranz

MAY 25, 2018

Although not subject to the risk of cybersecurity, the costs of manual processes and systems management can be up to 31-times greater than those of digital systems, reports informIT. As the storage space of data has fallen, warehouse managers ’ rationale for avoiding IoT technologies has become even more archaic.

Inventory Reduction 50

Inventory Reduction Supply Chain Planning Software Inventory Supply Chain Software 50

Logistics Business Magazine

DECEMBER 16, 2021

However, for companies that have already taken action to reduce carbon emissions from their facilities, operations and purchased energy (Scope 1 and 2 emissions) the majority of their carbon impact is now a result of emissions that are out of their direct control, in the maze that is Scope 3 emissions. Reliance on real-time data and analysis.

Waste Reduction 58

Waste Reduction Vendor Strategies Cost Reduction Resource Reduction 58

SYSPRO Smarter ERP

MARCH 21, 2022

SCM solutions provide oversight of materials and products, and their associated data, as they move through the supply chain from supplier to consumer. By gaining access to the data in these processes, businesses are better able to coordinate workflows, improve efficiencies, and ensure that customers get the product they ordered.

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 116

Conger

MARCH 28, 2024

Technologies like artificial intelligence continue to enhance these capabilities to become more attractive and allow new visualizations and data collection standards. Telematics collect and transmit vehicle speed, mileage, and fuel consumption data, while GPS allows precise location tracking.

Optimization Software 73

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 73

WorkWave

SEPTEMBER 23, 2021

Due to the increased popularity of online grocery shopping, there is a lot of competition, making establishing a solid business model vital for your success. Designing a successful business model requires a bit of research and analysis of your competitors. Starting a New Grocery Store Model.

Modeling Software 52

Modeling Software Optimization Software How To Procurement Solutions 52

Logistics Business Magazine

DECEMBER 16, 2021

His analysis is based on conversations and data from Setlog customers who use the SCM tool OSCA, e.g. more than 100 brands in the fashion industry alone. Companies are increasingly considering how to implement circular economy strategies so that fewer products need to be destroyed. New legislation is driving the pace.

Supply Chain Planning Software 50

Supply Chain Planning Software Supply Chain Software Modeling Software Optimization Software 50

Conger

JULY 20, 2020

Chapter 4: How to Pass Your Forklift Certification Test With Flying Colors. How to Decide If the ‘Operator’s Life’ Is Right for You. Chapter 6: How to Get a Job as a Forklift Driver. Part I: How to Get a Forklift License. How to construct, transport, stack, and unstack loads. Certification by your employer.

How To 63

How To Buyer Training Training Course 63

GlobalTranz

SEPTEMBER 8, 2015

This is the first post in a four-part series on how to achieve best in class shipper status. To understand how a shipper achieves “Best in Class Shipper” status, you need to take a look at some of the chief factors that influence shipping activities. Data Capture. Shipping freight inherently comes with a large amount data.

Cost Reduction 93

Cost Reduction Expense Reduction Supply Chain Planning Software Optimization Software 93

GlobalTranz

DECEMBER 7, 2015

A recent report by Frost & Sullivan, “The Future of Parts and Service Retailing in the Automotive Aftermarket” , predicts that by 2025, 10 to 15 percent of all global parts sales will be made online. Advanced Analytics Continue to Get a Bigger Plate at the Manufacturing Dinner Table. Increasing Equipment Uptime.

Manufacturing Procurement 81

Manufacturing Procurement Trends Supply Chain Design Software Supply Chain Planning Software 81

GlobalTranz

JULY 14, 2015

The Internet of Things (IoT) seems to be popping up in more conversations throughout the entire supply chain , and more businesses have turned towards IoT experts for guidance on how to take advantage of its benefits. The Internet radically changed how the world communicates. Automated Data Transfers.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

Logistics Bureau

NOVEMBER 6, 2023

Of course, switching to more efficient lighting requires significant investment, especially if you choose induction lights, which are particularly expensive to procure. That can be a much faster method of reducing lighting costs than changing the type of lighting used and will require less investment to put into effect.

Cost Reduction 107

Cost Reduction Purchasing Skills Waste Reduction Material Savings 107

Conger

JULY 22, 2021

How to choose the right system for you. How to Choose an eCommerce Warehouse Management System. You can track data about the latest orders, shipments, or any other activity on your inventory. And this can help reduce errors and cut costs in the process. Reduced Costs. Let’s dive in! Table of Contents.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software eCommerce Logistics Network Optimization Software 52

GlobalTranz

MAY 1, 2018

Since this trend isn’t likely to change anytime soon, shippers who can contain the cost of shipping by maximizing efficiency and optimization throughout their shipping network will be on firm ground heading into the future. Data-driven analytics enables you to make cost-effective transportation decisions. But no longer.

Procurement Analytics 61

Procurement Analytics Optimal Sourcing Data Sourcing Strategies 61

Locus

APRIL 3, 2023

Logistics management is an essential part of supply chain management and is crucial in achieving operational efficiency, reducing costs, and boosting customer satisfaction. Logistics management utilizes advanced technology and data analysis to optimize logistics processes and enable informed decision-making.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 52

GlobalTranz

JUNE 12, 2018

As explained by Dan Goodwill via Canadian Shipper, the problem goes much further than that, including lacking compliance management, subpar, if any, use of transportation management systems (TMS, and failure to utilize granular shipment activity data. Higher prices will also result in consumers jumping ship too.

Supply Chain Planning Software 60

Supply Chain Planning Software Freight Cost Reduction Price Reduction 60

GlobalTranz

SEPTEMBER 23, 2015

Thanks to data gathering programs, supply chain software , and data entry applications, this represents a mountain of data, which has the potential to provide ground-breaking insight into how to improve business-model efficiency. What Is Supply Chain Big Data? How Does Big Data Improve a Supply Chain?

Supply Chain Design Software 108

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