Blue Grace Logistics

SEPTEMBER 15, 2022

Managed Logistics Meets Five Challenges for Complex Supply Chain Operations Show Submenu Resources. In searching for a provider, here are five tactical challenges that any MLP must meet. Orders, Shipments and Load Planning. The Logistics Blog®. Whitepaper. Case Study. BlueGrace Logistics. Supply Chain Brain. September 15, 2022.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chains Meeting 62

EazyStock

FEBRUARY 18, 2020

What is Economic Order Quantity (EOQ)? Economic order quantity (EOQ) concerns the most cost-efficient method of ordering stock. The objective is to find the order quantity that minimizes the total inventory holding costs and ordering costs. Ordering costs are the costs that arise every time inventory is ordered.

Ordering 95

Ordering Purchasing Skills How To Inventory 95

Locus

MAY 25, 2023

One such important lever is Economic Order Quantity. What is Economic Order Quantity? Ford Whitman Harris first published the model of Economic Order Quantity in a paper Factory, The Magazine of Management , in 1913. This model became dominant for order-quantity analysis in the study of supply chains.

Inventory Reduction 52

Inventory Reduction Cost Reduction Ordering Waste Reduction 52

Ship Monk

FEBRUARY 24, 2024

How much are you spending on manufacturing, shipping, marketing, customer support, logistics services, and order fulfillment services? For example, ShipMonk customizes logistics services and associated fees to the unique needs of every client. There are many different models and formulas for strategically ordering inventory.

eCommerce 89

eCommerce Inventory Reduction Tips Waste Reduction 89

Logistics Bureau

AUGUST 2, 2021

For example, you might use simple observation to identify visible defects at goods-in, or you could make your analysis a bit deeper by testing a percentage of items received from the supplier. Purchase Order Cycle Time. Cost per Purchase Order and Cost per Invoice. Supplier Defect Rate. How reliable are your suppliers?

Procurement Analytics 117

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 117

EazyStock

FEBRUARY 18, 2020

What is Economic Order Quantity (EOQ)? Economic order quantity (EOQ) concerns the most cost-efficient method of ordering stock. The objective is to find the order quantity that minimizes the total inventory holding costs and ordering costs. Ordering costs are the costs that arise every time inventory is ordered.

Ordering 52

Ordering Purchasing Skills How To Inventory 52

WorkWave

MARCH 26, 2024

From online retailers to food delivery services, businesses are realizing the importance of efficiently managing their delivery routes to meet customer expectations. Imagine ordering a package online and eagerly awaiting its arrival, only to face delays and uncertainties in the delivery process. Check out their full story here.

Optimization Software 105

Optimization Software Optimization Logistics Network Optimization Software Cost Reduction 105

GlobalTranz

JUNE 11, 2015

We conclude our series on supplier quality management (SQM) today with a look at some case studies and examples of benefits derived from the application of a supplier quality management system. Examples and Case Studies from the Implementation of a Supplier Quality Management System.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Design Software Examples Case Study 94

Logistics Bureau

OCTOBER 10, 2022

For example, you can optimise for cost, profit, or service, but not for all of them. Instead, your company’s optimal inventory performance will be such that you can meet the service levels you aspire to (or to which your customer agreements commit you) with the barest minimum negative impact on profit and working capital.

Inventory Reduction 114

Inventory Reduction Inventory Optimization Modeling Optimization Software 114

Logistics Viewpoints

APRIL 3, 2023

Orders can be cancelled, rush orders come in, factory machines go down, port congestion occurs, and so forth. For example, a suggestion from the system might be to transfer 96,154 units of a stock keeping unit to a distribution center in Denver to fill a projected backorder. Allocation is a good example of this.

Supply Chain Planning Software 151

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 151

SYSPRO Smarter ERP

JUNE 21, 2022

There are many causes, for example, container ships from Asia are now too large to traverse the Panama Canal (20 years ago they were not), so they offload on the West Coast of the United States and are compelled to truck all goods to the East Coast. The analysis is mostly on point; however, the blame does not lie with Lean.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Software Supply Chains Optimization Software 105

Ship Monk

APRIL 5, 2024

Was it the last time you placed an order? SRM is more than a one-and-done analysis. Establish KPIs to track the quality of a vendor’s products and service, in addition to quantitative metrics such as timely deliveries, cost savings, and order accuracy. Regular meetings or reports? The last time you signed a contract?

Negotiate Pricing 83

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 83

EazyStock

JUNE 16, 2022

For example, navigation apps, facial recognition, smart assistants, and even robot vacuum cleaners at home use this smart tech. Inventory management teams have the difficult task of calculating healthy stock levels to meet demand without over- or under-stocking. AI was once only seen in science fiction. Machine learning in warehouses.

Supply Chain Software 52

Supply Chain Software Optimization Software Supply Chains Inventory Reduction 52

Logistics Viewpoints

MARCH 6, 2023

The products that are produced by this make-to-order process come in a variety of shapes, colors, and sizes to fit the needs of a variety of different industries. For example, while GEON has over 2000 customers, initially they are manually building forecasts for 600 customers and 1200 ship-to locations.

Supply Chain Planning Software 141

Supply Chain Planning Software Supply Chain Transformation Scenario Planning Supply Chain Software 141

Logistics Viewpoints

AUGUST 9, 2022

For months, retailers have been stockpiling massive amounts of goods to meet surging consumer demand, and compensate for ongoing supply and logistics issues. Better inventory management requires visibility at a granular level, down to individual orders and SKUs. What orders are planned versus in process? What’s in manufacturing?

Inventory Reduction 134

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Inventory 134

Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. The supply chain design solution, for example, continues to grow in depth and usability. Coupa meets this definition. The buyer says, “yes.”

Supply Chain Design Software 121

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 121

Logistics Business Magazine

JULY 20, 2021

In times of ever-increasing digital change, not only future-proof technologies, but also reliable data security systems are essential in order to make work processes efficient, scalable, sustainable and competitive. Thanks to the smart network with the manufacturer, users can also send service reports directly to EFAFLEX if they wish.

Cost Reduction 73

Cost Reduction Logistics Network Optimization Software Networks Analysis 73

Logistics Viewpoints

JULY 19, 2021

When a plan is created for one business function, like manufacturing for example, that plan effects things like customer service levels, profitability, cash flows, staffing and many other things. The goal is to produce an integrated plan that meets the strategic goals of the overall organization. This is a rolling one-month process.

Supply Chain Planning Software 158

Supply Chain Planning Software Scenario Planning Negotiating Skills Logistics Network Optimization Software 158

SYSPRO Smarter ERP

DECEMBER 19, 2022

Both IO and AI can be used to plan how much inventory to hold where, and when to order it. The Economist has mentioned the role of AI in inventory management and demand forecasting, noting an example where AI can forecast in what order items will arrive at and leave a warehouse, so that pallets can be put in the right position.

Inventory Reduction 105

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 105

Logistics Bureau

MAY 31, 2021

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. The above examples reflect costs that include picking, packing, and last-mile delivery. The list above is not exhaustive but merely provides some notable examples of cost drivers. Equipment use.

Cost Reduction 117

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 117

Logistics Business Magazine

APRIL 7, 2023

Facing the growing complexity of order flows and the problems of absenteeism and turnover, companies must be able to anticipate better. Generix Group combines, in a single solution, performance analysis and resource planning services to improve warehouse productivity.

Optimization Software 56

Optimization Software Supply Chain Planning Software Resource Reduction Logistics Network Optimization Software 56

Logistics Bureau

OCTOBER 20, 2021

“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. Perfect Order. Even if you chose no other KPIs for your supply chain organisation, you’d do well to consider perfect order as an absolute essential.

Supply Chain Design Software 96

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

SYSPRO Smarter ERP

DECEMBER 19, 2022

Both IO and AI can be used to plan how much inventory to hold where, and when to order it. The Economist has mentioned the role of AI in inventory management and demand forecasting, noting an example where AI can forecast in what order items will arrive at and leave a warehouse, so that pallets can be put in the right position.

Inventory Reduction 98

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 98

Blue Grace Logistics

AUGUST 3, 2021

The importance of setting the tone of the relationship and being an example of what you expect. Making decisions to benefit a company must be a process of analysis and planning. This means, for example, putting the company’s quality manager in contact with the supplier’s quality manager. Finally, make it personal.

Maintainability 117

Maintainability Price Reduction Purchasing Skills Resource Reduction 117

GoShip Blog

JANUARY 26, 2021

In today’s customer-centric world, it is critical to meet and even exceed your customer expectations as a small business. Timely order fulfillment and proper inventory management play a key role in the frictionless shipping process. Data analysis to improve performance management. How to improve your last-mile delivery?

Inventory Reduction 72

Inventory Reduction Supply Chain Planning Software Expense Reduction Supply Chain Software 72

Logistics Viewpoints

JANUARY 23, 2024

The company has a chat bot for tracking and managing an order that is natively built in the OMS. Customers are able to make edits to an order later in the process. The example they gave me was to understand the yield for a burger with pickles at a QSR. SAP SAP showed off Joule, its generative AI assistant.

Supply Chain Planning Software 125

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 125

Logistics Bureau

OCTOBER 9, 2023

Quality and Detail of Data and its Analysis In some of our earlier posts, we’ve stressed the importance of simplicity in distribution network design , and we will return to that topic later in this article. It’s not a short list, so we’ll set it down here as a summary to help you with plans for analysis.

Supply Chain Design Software 90

Supply Chain Design Software Supply Chain Design Distribution Networks 90

Logistics Bureau

NOVEMBER 14, 2018

Even if you simplify your product range and your upstream suppliers, you still have to deal with the ramifications of diverse customers, their expectations, their location and the logistics needed to meet their requirements. Efficient order terms. Ordering and cash collection. Sales organisation costs. Marketing costs.

Purchasing Skills 88

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

ShipLilly

AUGUST 6, 2020

For example, small businesses are sometimes called upon to compete with large corporations that are supported by a world of experience and seemingly endless resources. One of the indicators of quality will be the speed at which they can complete their orders. Data and process analysis are part of the puzzle.

Cost Reduction 79

Cost Reduction Optimization Software Analysis Inventory Reduction 79

3PL Links

APRIL 16, 2024

However, how can we aim for productivity, flexibility, and efficiency to meet the needs of a market that is expanding all the time? Because of its improved stock storage techniques, increased flexibility, and efficient management, the company can easily handle the surge in orders and always adjusts to meet demand.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Optimization Software 48

EazyStock

JANUARY 6, 2023

Review your stock levels to identify SKUs where you could reduce order levels since you know demand will fall. ABC/XYZ analysis can help identify the most valuable items to your business. A key element is setting the right safety stock levels to meet unexpected spikes in demand without tying up unnecessary capital.

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

Review your stock levels to identify SKUs where you could reduce order levels since you know demand will fall. ABC/XYZ analysis can help identify the most valuable items to your business. A key element is setting the right safety stock levels to meet unexpected spikes in demand without tying up unnecessary capital.

Supply Chain Planning Software 52

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

Logistics Business Magazine

OCTOBER 23, 2023

It helps to look at the layout in detail to understand how high they need to go, where to put racking, what configuration of trucks is right, and whether they need a VNA or a Reach Truck, for example.” This enables Yale and its dealers to advise the optimum mix of Yale equipment to meet the warehouse’s needs.

Modeling Software 59

Modeling Software Logistics Network Optimization Software Materials Handling Warehousing 59

SYSPRO Smarter ERP

MARCH 21, 2022

Unless manufacturers change, they will find that their ability to forecast demand, and determine what to do to meet it, will be challenging. 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

Logistics Viewpoints

JULY 15, 2021

billion in 2020, the cold chain market is expected to reach more than $628 billion in 2028, nearly tripling its growth in less than ten years, according to a market analysis report by Grand View Research. They begin to expect all of their online orders arrive quickly and with no fees. Take tracking produce, for example.

Logistics Network Optimization Software 157

Logistics Network Optimization Software Supply Chain Software Procurement Solutions Tracking and Tracing 157

Logistics Viewpoints

FEBRUARY 28, 2022

Lead times, for example, are a critical form of master data for planning purposes. The processing units in an oil refinery, for example, operate at high temperature and high pressure. One example of the value of machine learning in demand planning comes from Mahindra & Mahindra. These constraints need to be understood.

Supply Chain Planning Software 169

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 169

Locus

APRIL 5, 2022

We are living in an age where B2B buyers don’t have the time to extensively coordinate with logistics partners, business vendors, and supply chain professionals around standard processes like order fulfillment. With a majority of B2B business searches originating online, the order fulfillment process is undergoing a transformative change.

Digital 52

Digital Supply Chain Planning Software Optimization Software Supply Chain Software 52