10xLogistics

MAY 14, 2024

I am continuing my series on simple definitions and thoughts in Supply Chain Management. Tools like CPFR (Collaborative Planning, Forecasting, and Replenishment) can enhance this process by aligning all stakeholders on shared objectives and data. This is an overtalked about but underused part of demand planning.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Modeling Software Scenario Planning 62

Conger

JANUARY 17, 2023

The 5S model is named for five Japanese terms that capture its core philosophy — waste reduction and improved efficiency. For example, it avoids clutter, needless stock build-ups, tools and products on the way, wasted time looking for parts, and the creation of safety hazards. What Does 5S Stand For?

Waste Reduction 52

Waste Reduction Inventory Reduction Cost Reduction Resource Reduction 52

Conger

MARCH 28, 2024

Introduction to Fleet Management Fleet Management Definition Businesses across all sectors depend on commercial vehicles to transport people and products daily from cross-country delivery services to your neighborhood gas and oil provider. One of the fleet management solutions is an end-to-end tool.

Optimization Software 72

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 72

GlobalTranz

JANUARY 21, 2015

However, all are well worth employing to seek that holy grail of pushing out waste, inefficiency, and most importantly resources (time and money) out of your supply chain. Reverse marketing starts first with Value Analysis. Your team should have recorded all Value Analysis ideas in detail to get back to the Supplier by (date).

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

Forto

JULY 25, 2018

Experts disagree on the definition of Big Data. It might include the analysis of this data through analytics. Instead of trying to pin down Big Data organization into a specific definition, taking a broad view is more effective. Use “Sentiment Analysis” techniques to connect with customer feedback.

Supply Chain Planning Software 40

Supply Chain Planning Software Data Optimization Software Optimal Sourcing 40

Logistics Bureau

AUGUST 7, 2023

Any shortfalls in the system will typically result in overselling, leading to stock-outs , and overstocking , which ties up working capital unnecessarily and can result in wasteful obsolescence issues. So what can you do to ensure your inventory management meets the challenge of multichannel sales?

Inventory Reduction 91

Inventory Reduction eCommerce Inventory Procurement Solutions 91

GlobalTranz

APRIL 14, 2016

The IoT,” it explains, “comprises an ecosystem that includes things, communication, applications and data analysis.” McKinsey Global Institute simplifies this a little to say the IoT comprises “sensors and actuators connected by networks to computing systems”. Data Storage and Analysis. Data Storage and Analysis.

Supply Chain Design Software 57

Supply Chain Design Software Supply Chain Software Optimization Software Supply Chain Design 57