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 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. For example: How much automation will you need in your warehouse(s)?

Inventory Reduction 106

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 106

Transporeon

MARCH 13, 2017

Read on to learn how to shift from Technophobia (Fear of Technology) to FoMO (Fear of Missing Out). Some suppliers view RFPs as static cost-cutting exercises, which devalue their offering. As companies become leaner and available time becomes scarcer, process automation is the clear solution for busy procurement and supply chain teams.

Sourcing 48

Sourcing Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 48

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. If profits start to decline afterwards, your CTS data can offer valuable information about what changed and how to get back on track.

Purchasing Skills 88

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

The Logistics Academy

FEBRUARY 13, 2017

For example, as online sales reach a record high, B2C service provider Jet.com uses some creative logistics concepts to bring value to customers. Another trend is learning how to deal with the avalanche of data that supply chain managers have at their fingertips. We have different tools to incorporate these trends in our program.

Supply Chain Design Software 40

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

Logistics Bureau

DECEMBER 19, 2022

Slotting a warehouse product is the same, for example, as placing your umbrella close to your front door at home, so it’s easy to pick it up and run when it’s raining, and you’re late for work. It also stands to reason that when you undertake a slotting exercise, you should think about it from the perspective of these activities.

Production 92

Production Inventory Reduction Cost Reduction Resource Reduction 92

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. For example: Compared to selling a product in-store, the cost to deliver that same item as a small parcel can be several times higher. Identifying Cost Elements and Drivers.

Cost Reduction 117

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 117

Automotive Logistics

MAY 24, 2018

“The supplier has to say how it is managing and creating security and we carry out onsite audits.”. Römmele explains that all Continental products go through a threat analysis and risk assessment (TARA). “We Internal guidelines spell out how to address risks and test fixes. Both techniques have advantages.”.

Supply Chain Design Software 50

Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software Manufacturing Procurement 50

Logistics Business Magazine

DECEMBER 11, 2022

For example, a big-box retailer that started to build out its pickup services, it delivery services, and so on, so that when the world pivoted, and stores were closed, but people still wanted this retailer’s products, it already had all of that investment there. Consumers are looking for more durable products.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 59

Logistics Bureau

SEPTEMBER 20, 2022

For example, it either makes sense to outsource logistics activity to a 3PL, or it makes more sense to keep it in-house. For example, outsourcing can seem like a potential cure for obfuscated logistics costs , given that lack of cost transparency is a common issue for organisations that manage logistics internally.

Outsourcing 98

Outsourcing Cost Reduction Resource Reduction Expense Reduction 98

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. What is Value Analysis? Value Analysis, also called Functional Analysis was created by L.D.

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96