GlobalTranz

JULY 28, 2021

There are many working parts, network partners, and opportunities for things to go wrong that some are often overlooked. How Managed Transportation Enables Ongoing Optimization Across Your Network. These processes are intrinsically linked and require shared data and collaboration across all network partners.

Optimal Sourcing 126

Optimal Sourcing Optimization Software Optimization Supply Chain Design Software 126

AIMMS

SEPTEMBER 17, 2019

The software had been around for a reasonable amount of time, so the number of people who knew how to use it was dwindling. We wanted to have a robust analysis that we fully understood. But the speed of analysis did not match the speed of decision-making required by the business. Curious how AIMMS compares to other solutions?

Supply Chain Design Software 62

Supply Chain Design Software Modeling Software Supply Chain Software Supply Chain Design 62

EazyStock

DECEMBER 13, 2021

For example, when there is only a day, a week or a month’s worth of stock left, based on the item’s average sales. Introducing ABC analysis to categorize your stock would help identify these so you can prioritize your time. The post How to Avoid Stockouts with Better Inventory Management appeared first on EazyStock.

Inventory 52

Inventory Supply Chain Planning Software How To Supply Chain Software 52

EazyStock

FEBRUARY 18, 2020

Let’s take a look at an example. In the example above, the EOQ determined that the warehouse would be placing orders for fidget spinners approx. Are items slated for reordering already located in my warehouse network? In our example, the demand for fidget spinners was 15,000 per year, and EOQ was approx.

Ordering 52

Ordering Purchasing Skills How To Inventory 52

EazyStock

FEBRUARY 7, 2020

Three common causes for this are: Complex supply chains as businesses rely on a vast network of manufacturers, distributors and retailers. In this post we’re exploring how to manage inventory effectively when you’re faced with a growing product portfolio. Increased stock levels to ensure stock availability. Challenge no.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Optimization Software 52

EazyStock

FEBRUARY 26, 2020

Complex supply chains as businesses rely on a vast network of manufacturers, distributors and retailers. In our final post we’re looking at how businesses can ensure stock availability without investing too much capital into their inventory. ABC analysis is a simple way to segment your stock based on its value to the business.

Availability 52

Availability How To Inventory Reduction Optimization Software 52

Logistics Viewpoints

MARCH 8, 2021

For example, go to the Walmart, turn right, and it is the third house on the left. This digital twin contains network costs – the inventory carrying cost is X for this product, by Y for this one. On top of this cost network model, the solution allows for various scenarios to be kept and compared. Logistics can be a challenge.

Supply Chain Design Software 153

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Supply Chain Software 153

Blue Grace Logistics

JULY 27, 2021

Approaching a demand analysis with historical data and seasonal variations is no longer competent. Brand identity, interactive marketing campaigns and differential lifestyles complicate a perfect trend analysis model. So, how can one be able to plan more effectively and be resilient in their supply chain game? billion by 2022.

Procurement Analytics 62

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

Ship Monk

FEBRUARY 24, 2024

For example, ShipMonk customizes logistics services and associated fees to the unique needs of every client. In the previous example, you have the physical weight that extra travel inventory creates in your luggage that you have to lug around. You never want to cut corners on these, or any, crucial areas of your ecommerce brand.

eCommerce 91

eCommerce Inventory Reduction Tips Waste Reduction 91

Camelot 3PL Software

APRIL 3, 2019

We will now delve into HOW to successfully implement, and identify several key success factors for every project. A Fit Gap Analysis can be extremely helpful, in which all Functional Requirements are documented and analyzed in terms of “Fits” and “Gaps” with the out-of-box software. Project Plan – This one’s a biggie!

Modeling Software 40

Modeling Software How To Vendor Strategies Resource Reduction 40

3PL Links

DECEMBER 28, 2023

The primary logistics trends for 2024 are shown below, along with examples of how some of the industry’s top businesses are already incorporating them into their plans. Product personalization: Product personalization is made easier by the ability to comprehend customer preferences through big data analysis.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Sourcing Strategies Trends 48

FreightWaves SONAR

FEBRUARY 25, 2021

This also makes it easier to see capacity constraints or other available options that represent the most beneficial and profitable moves within the network. Improved predictive analysis and projection with logistics automation data and insights. Logistics automation and real-time data analysis make this kind of insight possible.

Supply Chain Software 90

Supply Chain Software Logistics Network Optimization Software Automation Sourcing Strategies 90

Logistics Bureau

FEBRUARY 7, 2022

One point of focus explores how to incentivise the large pharmaceutical manufacturers to make generics and lower-cost items that could then be shipped to where they’re needed. There are not the networks that we’re used to seeing, and most everything is pen and paper. Challenge #2: Underdeveloped Networks.

Supply Chains 102

Supply Chains Course Manufacturing Procurement Video 102

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. How to Begin Your Terms. Writing your terms of use can be a monumental task for anyone.

Procurement Analytics 84

Procurement Analytics Manufacturing Procurement Procurement Document 84

Dedola Global Logistics

JUNE 17, 2022

DGL’s experience, reliable network, and consistent ability to secure space and equipment can help you succeed and give you peace of mind. How to Prepare. We will tell you how we’ve dealt with similar challenges and how to apply the same methods to your supply chain. What You Could Face during the Peak Season. Plan Ahead.

Freight forwarding 98

Freight forwarding Scenario Planning Expense Reduction Supply Chains 98

Logistics Business Magazine

JANUARY 15, 2024

Examples include various reversing assistance systems, such as the AI-based Reverse Assist Camera, that alert industrial truck drivers to people in the vicinity behind them. This can be followed by further analysis within the company,” explains Rochelmeyer. Another focus will be on the Linde connect fleet management system.

Modeling Software 55

Modeling Software Optimization Software Material Savings Expense Reduction 55

CH Robinson Logistics

AUGUST 17, 2021

Instead of having weekly passenger flights that move cargo volume to a wider network of airports in smaller quantities, most freight is now consolidated at larger terminals in bigger quantities via freighters or charter flights. For example, for one C.H. Pandemic-induced travel restrictions reduced commercial air capacity dramatically.

Supply Chain Software 133

Supply Chain Software Cargo Supply Chains Reliability 133

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. Better financial efficiency of your end to end supply chain network. For example, technology helps to maximize efficiency and, in turn, increase profitability.

Optimal Sourcing 62

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

GlobalTranz

APRIL 20, 2021

For example, GlobalTranz’s Cost Prediction Model provides intelligence on pricing and market trends via a live dashboard. There will be tradeoffs between cost and efficiency, and each organization must decide on its own terms how to solve those issues. Redesign your network. Collaborate With Customers and Suppliers.

Supply Chain Planning Software 115

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

Logistics Business Magazine

OCTOBER 19, 2023

The end of project report released today by the Decarbonising UK Freight Transport (DUKFT) Network, suggest several ways to overcome the chicken-and-egg problems associated with decarbonising road, rail and maritime freight transport.

Modeling Software 50

Modeling Software Freight Transportation Cost Reduction 50

Ship Monk

MARCH 28, 2023

For example, your shipping cost could be $5 for orders within 50 miles of your warehouse or fulfillment center , $10 within 100 miles, and so on. For example, if you’re sending a pair of mittens to Monica just a few zip codes over, then those rates will be different if you send mittens to Jimmy who lives across the country.

Cost Reduction 52

Cost Reduction Inventory Reduction eCommerce Expense Reduction 52

Logistics Bureau

NOVEMBER 6, 2023

How to Improve Lighting Control It’s common for warehouse spaces to sit under artificial lighting even when or where it’s not strictly necessary. For example, could some areas of your warehouse be adapted via racking optimisation to store higher inventory volumes? The implementation of warehouse automation can be expensive.

Cost Reduction 107

Cost Reduction Purchasing Skills Waste Reduction Material Savings 107

FreightWaves SONAR

FEBRUARY 2, 2021

And national freight indices are helping all freight management segments boost pricing strategies and understand how to better prioritize their operations. As examples, the characteristics of SONAR indices have helped to build the reputation of the SONAR freight forecasting platform and include: Larger sample size. Network-wide views.

Supply Chain Planning Software 52

Supply Chain Planning Software Freight Supply Chain Software Resource Reduction 52

EazyStock

JULY 13, 2020

In this four-part blog series we look at the impact COVID-19 has had on supply chains and how inventory optimization software can help. So far we’ve discussed how to overcome demand forecasting challenges due to Coronavirus. How to identify stock items that are critical to their business.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Inventory Optimization Software 52

Bringg

MARCH 24, 2021

A good example of such a strategic decision could be choosing a warehouse’s location. Each of these characteristics should inform any supply chain network optimization processes to ensure that the end result improves the customer service, even if the main initiative is around saving costs, or enhancing the product quality.

Optimal Sourcing 62

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

FreightWaves SONAR

FEBRUARY 25, 2021

This also makes it easier to see capacity constraints or other available options that represent the most beneficial and profitable moves within the network. Improved predictive analysis and projection with logistics automation data and insights. Logistics automation and real-time data analysis make this kind of insight possible.

Supply Chain Software 52

Supply Chain Software Logistics Network Optimization Software Automation Sourcing Strategies 52

GlobalTranz

NOVEMBER 19, 2015

Today we continue our long series and look at teaching shippers how to remain strategic when it comes to logistics and their transportation management program. This is where metrics becomes necessary for the analysis and monitoring of data. For example, incoming deliveries may be delayed due to inclement weather.

Data 77

Data Sourcing Strategies Optimal Sourcing Transportation 77

Logistics Bureau

MAY 24, 2021

For example, if your cost of goods sold for 2020 was $250,000, and your average inventory on hand was worth $25,000, your inventory turnover ratio would be $250,000/$25,000 = 10, meaning your entire stock of that particular SKU turns over around ten times per year. Turnover Days and How to Calculate Them. inventory turnover days.

Inventory Reduction 118

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 118

Dedola Global Logistics

JUNE 17, 2022

DGL’s experience, reliable network, and consistent ability to secure space and equipment can help you succeed and give you peace of mind. How to Prepare During peak season shipping, the demand for freight capacity outpaces supply. Draw information from previous peak seasons and how you handled those challenges. Plan Ahead.

Freight forwarding 52

Freight forwarding Scenario Planning Expense Reduction Supply Chains 52

247 Customs Broker

NOVEMBER 16, 2018

Business Interruption Coverage: If your business has to close its doors or cease operations during storm cleanup, how much would you lose in sales and product? If your volumes and reach allow, build your warehouse network to stretch beyond at-risk cities. You can quickly access your network and route product to safer ground.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 28

EazyStock

JANUARY 6, 2023

ABC/XYZ analysis can help identify the most valuable items to your business. For example, one tool updates your ERP system with a delivery time, which the ERP then sends to your inventory optimization software. For example, Honda has one supply chain to support the Chinese domestic market and a separate one to serve other markets.

Supply Chain Planning Software 52

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

EazyStock

JANUARY 6, 2023

ABC/XYZ analysis can help identify the most valuable items to your business. For example, one tool updates your ERP system with a delivery time, which the ERP then sends to your inventory optimization software. For example, Honda has one supply chain to support the Chinese domestic market and a separate one to serve other markets.

Supply Chain Planning Software 52

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

Logistics Bureau

OCTOBER 10, 2022

Too much inventory in your distribution network? For example, you can optimise for cost, profit, or service, but not for all of them. The second is when you implement segmentation of the SKUs in your portfolio based on Pareto analysis. How to Improve Forecast Accuracy for Optimal Inventory. Inventory costs too high?

Inventory Reduction 114

Inventory Reduction Inventory Optimization Modeling Optimization Software 114

Ship Monk

APRIL 28, 2023

It requires a lot of introspection and critical analysis of your operation. Consider the clothing industry as an example. For example, this Statista article highlights how “nearly half of U.S. Take Steps Toward Sustainable Supply Chain Management Imbuing sustainability into your supply chain is not an easy task.

eCommerce 68

eCommerce Waste Reduction How To Material Savings 68

Ship Monk

JANUARY 30, 2023

Make sure your fulfillment center also knows exactly how to handle returns, refunds, and reshipments. We have an example of such a list for you below, but we also suggest visiting our Delivery Management 101 article for help with avoiding and managing delivery delays, mistakes, and unhappy customers.

eCommerce 52

eCommerce Supply Chain Planning Software Inventory Reduction Supply Chain Software 52

Carter Logistics

MARCH 12, 2019

Optimize the network in pre-planning, b. Data reports reveal the effectiveness and efficiency of the transportation network, including these metrics: i. For example: i. Even with a TMS platform in hand, it is important to make sure everyone involved is on board, informed of what they need and how they will achieve it.

Supply Chain Planning Software 60

Supply Chain Planning Software Negotiating Skills Optimization Software Scenario Planning 60

Logistics Bureau

JULY 10, 2023

Let’s begin with a challenge that often frustrates leaders of companies in the startup phase, especially smaller organisations— how to access dedicated logistics expertise , resources, and infrastructure. Is a 3PL Right for Your Business? A 3PL partner can help you to remedy process fragmentation and its associated weaknesses.

3PL 53

3PL Logistics Network Optimization Software Negotiating Skills Inventory Reduction 53