Logistics Business Magazine

JUNE 13, 2022

Over the past two years, many things have changed fundamentally in the industry, including purchasing and consumer behaviour. That is why we have conducted extensive surveys and analysis. Q: Can you give some specific examples? Our multishuttle solutions or our Autostore systems can create real competitive advantages.

Supply Chain Planning Software 56

Supply Chain Planning Software Supply Chain Software Modeling Software Procurement Solutions 56

EazyStock

OCTOBER 20, 2020

Firstly, let’s get a few definitions: What is inventory control? ABC analysis is a good inventory control technique to segment your warehouse stock based on the value it brings to the company. For more complex inventory classification, use inventory optimization software , which carries out multi-dimensional item categorization.

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

Logistics Bureau

MAY 24, 2021

That is the level to which each SKU quantity must fall before your inventory management system either notifies you with a reminder to reorder or initiates a purchase order autonomously. Using the previous example, dividing 365 days by 10 gives you 36.5 Know Your Turnover Ratios. inventory turnover days.

Inventory Reduction 118

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 118

3PL Links

DECEMBER 2, 2022

We will address the following topics in this article: Inbound logistics definition and significance. Allows for performance analysis. This technique entails purchasing the primary raw material source in order to have more control over supply. Examples of Inbound Logistics Strategies. Duties of inbound logistics.

Inbound 62

Inbound Sourcing Strategies Material Savings Inventory Reduction 62

Ship Monk

MAY 23, 2023

emails Expensive shipping Lengthy shipping windows Customs and tariffs on orders What is the solution to all these shared issues? If you’re still not sold on the idea of a 3PL (a fulfillment center solution), then let’s explore the difference between that and a 2PL (essentially a warehousing solution).

Inventory Reduction 52

Inventory Reduction eCommerce Supply Chain Planning Software Cost Reduction 52

Talking Logistics

DECEMBER 3, 2018

There is so much talk, and varying interpretations, about digital transformation, that I began our discussion by asking Roger for his definition and what he sees as the current adoption rate. The problem is they don’t have the data to effectively feed those BI tools.”. He also shared some examples of customer success stories.

Digital 60

Digital Supply Chain Planning Software Supply Chain Software Procurement Solutions 60

EazyStock

MARCH 4, 2021

This post will explain how, but first, let’s deal with a few simple definitions. When looking to improve inventory turnover, it’s important that inventory planners and purchasers only order items that have a demand in the marketplace. A basic form of inventory categorization is ABC analysis. Improve demand forecasting accuracy.

Optimal Sourcing 59

Optimal Sourcing Inventory Reduction Inventory Optimization Software 59

Ship Monk

JANUARY 30, 2023

Example—In the case of a lost or undeliverable package, a customer-first ecommerce merchant can step up to the plate immediately by contacting the shipping carrier to determine the cause of the problem and sharing this information with buyers so they know when to expect delivery or reshipment.

eCommerce 52

eCommerce Supply Chain Planning Software Inventory Reduction Supply Chain Software 52

GlobalTranz

APRIL 22, 2015

Editor’s Note: Almost 14 months ago we wrote one of our most popular posts entitled, “ The History of Supply Chain and Logistics Management ” contained a bit of history, definitions, and a great infographic visually going through the history of supply chain and logistics management. What is a Logistics Framework?

Global logistics 116

Global logistics Material Savings Cost Reduction Supply Chain Planning Software 116

Logistics Bureau

JANUARY 7, 2020

The definition above is not from any textbook, but is one that I am sure you will agree, describes a state of affairs that any corporate leader or business owner would be happy to attain. . Walmart may be the most famous example of a company that has succeeded primarily because of a well-developed and aligned supply chain strategy.

Supply Chain Design Software 122

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

Ship Monk

NOVEMBER 14, 2022

For others, they’re signs of elevated stress levels, which can definitely lead to eating way too many cookies. We typically make the same kind of purchases throughout the year, but when the holidays roll around, it becomes a different story. We not only increase the frequency of our purchases but also the diversity.

eCommerce 52

eCommerce Material Savings Inventory Reduction Cost Reduction 52

Blue Grace Logistics

MAY 10, 2019

As such the supply chain needs to be viewed between all participating companies and suppliers throughout the supply chain, with solutions applied from a holistic approach. For example, are your planners and purchasers communicating properly, not only with each other but with the production floor and shipping department?

Supply Chain Planning Software 54

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 54

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Ensure that, somewhere along the way, data diagnostic tools will be used to check for missing and inconsistent data automatically. . Accurate and timely reconciliation of purchase orders with receipts.

Supply Chain Planning Software 157

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 157

Freightos

JUNE 6, 2016

Analysis: How Bad Is It? For example, in France a full 70% of FCL quotes include weights, but in the Netherlands it’s only 20%. And those shippers that don’t already will need to purchase weighing products or services, adding cost and time to an industry already under pressure to speedily deliver goods.

Industry 51

Industry Freight Cost Reduction Logistics Network Optimization Software 51

247 Customs Broker

MARCH 12, 2018

Historically, the working definition of lights out is a facility without people. Not everywhere,” says Mike Khodl , Dematic’s vice president of global solutions management. And automation figures in those companies’ equipment purchases time and again. That’s a major factor changing the traditional definition of lights out.

Supply Chain Software 28

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

Logistics Viewpoints

JANUARY 3, 2022

One solution in this area comes from Nauto. The devices are surprisingly inexpensive, costing $350-500 per vehicle per year depending upon the volume of devices purchased. These kinds of solutions have been available for a few years and customers report robust reductions in safety incidents. Technology can help.

Trucking 152

Trucking Trends Modeling Software Logistics Network Optimization Software 152

Logistics Viewpoints

JUNE 28, 2021

TuSimple – a provider of autonomous freight semi-truck solutions – has said their technology will be operational by 2024. TuSimple (NASDAQ: TSP) offers a Level 4 autonomous solution. And it is not the “last mile” – the distance between an exit off a highway to a destination site – a factory, warehouse, or store for example.

Trucking 86

Trucking Logistics Network Optimization Software Cost Reduction Procurement Solutions 86

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. The manufacturer has access to the distributor’s inventory data and is responsible for generating purchase orders. What is Value Analysis?

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

247 Customs Broker

APRIL 6, 2018

We manufacture electric cooking appliances which are often shipped on a time-definite schedule,” he says. “So One recent example of this, recalls McGowen, was when traffic congestion at Vancouver kept a large shipment stalled on the highway. Now I’m charged with purchasing and releasing them too. There’s never a dull moment.”.

Survey 28

Survey Negotiating Skills Supply Chain Planning Software Manufacturing Procurement 28

Ship Monk

JULY 7, 2022

As online shoppers, we see examples of minimum order quantity everywhere. It may sound tempting to force your customers into purchasing in larger quantities, but is it the best way to grow your business? Minimum Order Quantity Definition. It’s that pop-up in your shopping cart that says, “Add $17.96

Purchasing Skills 86

Purchasing Skills eCommerce Ordering Negotiating Skills 86

Transporeon

MARCH 22, 2018

Freight RFQs are complex, and almost every procurement project is unique in its design. In traditional freight procurement processes, results from downstream negotiations can have a retroactive effect on the projected award scenario. In the example, the lanes 1 and 2 would be 100% awarded to "Carrier B."

Optimal Sourcing 48

Optimal Sourcing Negotiating Skills Purchasing Skills Negotiate Pricing 48

Automotive Logistics

JANUARY 29, 2018

In recent years, growing computer power, advanced software and algorithms for logistics planning have led to a rise in the use of the transport management system (TMS), which enables companies, among other things, to receive, plan, monitor and report on collections and deliveries. In-house versus external.

Outbound 28

Outbound Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement 28

GlobalTranz

FEBRUARY 2, 2016

Each of these definitions applies to a manufacturer’s ability to produce a surplus of a product. Imagine if the typical definitions of productive were applied to manufacturing. Preliminary analysis of smartphone sales in the US indicate more than 120 million smartphones will be purchased, sold, or traded in 2016.

Manufacturing Procurement 58

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 58