The Logistics of Logistics

DECEMBER 6, 2021

Lauren is a seasoned maritime attorney and the founder of Squall Strategies , a boutique maritime consulting and legal solutions company and offers a wide range of consulting services to serve a variety of businesses and clients. Beagen is a seasoned maritime attorney and the founder of Squall Strategies, LLC. About Squall Strategies.

Inventory Reduction 195

Inventory Reduction Material Savings Maritime Supply Chain Software 195

Logistics Viewpoints

NOVEMBER 11, 2021

Reporting to keep the inventory strategy fresh and supporting the goals of the organization. Is a replenishment strategy needed? The replenishment logic and smooth execution of inventory moves will keep pickers executing without waiting time. Track your emergency replenishments. You can’t plan for everything.

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Inventory Reduction Inventory Cost Reduction Material Savings 123

EazyStock

AUGUST 21, 2020

There are many financial benefits to introducing stock reduction strategies – in particular focusing on your excess and obsolete items. Here we’re going to focus on our favorite top five inventory reduction strategies. So it makes sense to look for ways to reduce inventory and keep levels under control!

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Inventory Reduction Cost Reduction Price Reduction Resource Reduction 52

SYSPRO Smarter ERP

AUGUST 28, 2023

Benefit 2: Enhanced organizational controls and compliance Advanced ERP systems provide features like dimension analysis, offering a multi-dimensional view of financial data. This enables flexible financial analysis, improves governance, and supports scalability as businesses grow and expand their operations globally.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Optimization Software ERP 98

EazyStock

JANUARY 31, 2022

Inventory Management KPIs for Effective Inventory Analysis. But with a wealth of inventory KPIs available to choose from to include in your inventory analysis methods, which ones are the most important to ensure you’re on the right track to optimum efficiency? Managing inventory is a complex business. Inventory turnover ratio.

Inventory Reduction 52

Inventory Reduction Inventory Analysis Optimization Software 52

EazyStock

OCTOBER 20, 2020

ABC analysis is a good inventory control technique to segment your warehouse stock based on the value it brings to the company. ABC analysis, will help with this. Fine-tune your stock replenishment strategies. Know your star products! Make sure you have a set of ‘rules’ for every SKU you carry. Supplier lead times.

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

Logistics at MPEPS at UPV

MARCH 8, 2022

According to the report, the biggest immediate challenge facing the EU will be replenishing its depleted natural gas stocks. The main contract for European benchmark TTF Dutch gas futures soared more than 37% at the open, ICE UK gas futures were up 11% at one point, and ICE EU carbon emissions trading permit futures fell more than 7%.

Expense Reduction 52

Expense Reduction Supply Chains Cost Reduction Procurement Analytics 52

Blue Grace Logistics

MARCH 20, 2023

In uncertain times, people are hungry for analysis, data, forecasts, indexes to feed information; when things are consistent and steady, people depend less on quantitative data and look more to qualitative. This means stakeholders were continuing to order but in much smaller quantities, only enough to maintain and replenish store shelves.

Supply Chain Planning Software 62

Supply Chain Planning Software Scenario Planning Inventory Reduction Resource Reduction 62

EazyStock

JUNE 23, 2022

All successful businesses use data to develop strategies and review their outcomes. But as the number of systems being used increases, the amount of data available for consumption and analysis grows exponentially. Big data analysis allows you to get real-time information about the flow of supply chain operations and stock management.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Supply Chain Planning Software 52

EazyStock

MARCH 4, 2021

Here are six inventory optimization strategies to improve inventory turnover without damaging stock availability: Know your inventory items’ position in their product life cycle. This is so you can monitor their demand more closely and come up with strategies to reduce stock levels before the items become obsolete and have no demand.

Optimal Sourcing 59

Optimal Sourcing Inventory Reduction Inventory Optimization Software 59

FreightWaves SONAR

SEPTEMBER 29, 2023

Using data, supply chains could better plan replenishment orders, avoid congestion and prevent further disruption. This premium could help pay for technology upgrades to better enable optimization and reduce delays – as well as promote efficiencies in replenishment. The post Why is freight data a powerful weapon in the era of COVID-19?

Data 52

Data Inventory Reduction Supply Chain Planning Software Vendor Strategies 52

Logistics Viewpoints

JANUARY 26, 2024

Merchants have worked through the excess inventory that piled up on store shelves and in warehouses over the past 18 months and are now focusing on replenishing items rather than stocking up on goods to have on hand in case of supply-chain disruptions.

Logistics Network Optimization Software 139

Logistics Network Optimization Software Supply Chain Software Supply Chain Planning Software Inventory Reduction 139

EazyStock

FEBRUARY 1, 2021

trillion by 2023 , indicating a need for more robust online sales strategies. For businesses to succeed in eCommerce they must ensure they have an effective eCommerce supply chain strategy. In each case the future demand forecasting, replenishment and safety stock calculations need to be treated differently.

Inventory Reduction 52

Inventory Reduction Optimization Software eCommerce Inventory 52

3PL Links

APRIL 23, 2024

Artificial intelligence makes it possible to monitor several elements that affect the forecast, including: control of purchases in real-time; consumption parameters; items that are being sold and need quick replenishment. Artificial intelligence is being used by enterprises in the modern day to establish more efficient delivery strategies.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 48

FreightWaves SONAR

FEBRUARY 16, 2021

Predictive rate analysis and implementation across the supply chain Utilizing real-time data and automated analysis provides valuable information to the network. Real-time data access will help drastically improve success rates, and the entire network benefits from data analysis. Download the White Paper. Think about it.

Supply Chain Software 59

Supply Chain Software Supply Chains Resource Reduction Expense Reduction 59

Talking Logistics

SEPTEMBER 4, 2018

For Management: a balancing strategy, etc…. It is about keeping all (well most) of the stakeholders of the supply chain content and taking into consideration the supply chain strategy of the organization. Example A: Fashion Retailer – Business Strategy is short life cycle products. Sales Strategy. Replenishment.

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Inventory Reduction Inventory Logistics Network Optimization Software Cost Reduction 70

GoShip Blog

AUGUST 27, 2019

Essentially, with the integration of advanced technologies and new management strategies, navigating the last mile became easier. Probably the most useful strategy to overcome last mile challenges is advanced planning. Here are the main steps to master the last stage of the shipping process: Planning.

Expense Reduction 40

Expense Reduction Inventory Reduction Cost Reduction Supply Chain Planning Software 40

247 Customs Broker

NOVEMBER 20, 2018

The demand planning team itself must include members who feel comfortable with statistics and data analysis, and can collaborate and negotiate with other business functions to drive to a consensus plan. Time-Phased Replenishment Planning . Demand-Driven Manufacturing Planning .

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Manufacturing Procurement 28

Logistics Bureau

JULY 18, 2022

As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy.

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Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 106

Locus

APRIL 3, 2023

Logistics management utilizes advanced technology and data analysis to optimize logistics processes and enable informed decision-making. Inventory Management: Inventory management includes forecasting demand, setting safety stock levels, monitoring inventory levels, tracking inventory movements and managing replenishment.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 52

EazyStock

APRIL 18, 2023

When demand fluctuates, and costs rise, it can be tempting to throw out long-term strategies to react to these changes. While it’s impossible for you to control geopolitical and economic factors, you can control your business strategy. One way to do this is with ABC/XYZ analysis. How will higher prices impact customer demand?

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Reduction Optimal Sourcing 52

Talking Logistics

FEBRUARY 21, 2019

Although this may complicate their relationship with retailers, we’re seeing more and more suppliers and brands moving from a strictly wholesale strategy to supporting both direct-to-consumer and B2B. Lastly, the internal organization must buy-in to expanding their capabilities to dropship on behalf of retailers.

Vendor Strategies 68

Vendor Strategies Negotiating Skills Manufacturing Procurement Supply Chain Planning Software 68

Logistics Business Magazine

OCTOBER 3, 2021

The scientist is considered an expert in data-driven software development, learning effects through data analysis and the development of new algorithms and tools in Big Data environments. His idea: predictions in pricing and replenishment can be improved if they are made with the help of artificial intelligence. “Lynn C.

Logistics Network Optimization Software 54

Logistics Network Optimization Software Supply Chain Software Logistics Humanitarian aid 54

EazyStock

MARCH 26, 2018

You will get notified when you need to replenish, have outliers, or run the risk of a stock out. This includes stock health analysis, service levels and stock turn. Service levels typically go up and stock levels down while purchasing and inventory managers get time for more value adding activities like innovation and strategy.

ERP 72

ERP Inventory Reduction Inventory Optimal Sourcing 72

EazyStock

MARCH 3, 2022

In this post, we explain how you can implement a just-in-case stock management strategy without the risk of tying up too much capital in unnecessary inventory items. The key elements of inventory management to support your JIC stock strategy are: Accurate demand forecasting. Anticipating stockouts with JIC inventory strategies.

Inventory Reduction 52

Inventory Reduction Inventory Supply Chain Planning Software Cost Reduction 52

EazyStock

APRIL 13, 2022

What is a supply chain strategy? A supply chain strategy explains how a company will bring goods into the business and get them out to customers as effectively as possible. Considering every phase in the supply chain, such as sourcing goods, logistics and delivery, the strategy optimizes operations to reduce costs and maximize profits.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Supply Chain Planning Software 52

EazyStock

JUNE 16, 2022

Using algorithms, AI can provide better quality data and analysis to give a complete overview of your warehouse and supply chain. As the analysis is carried out daily, you will be able to see where your strategy needs to change to respond to rapidly changing market situations.

Supply Chain Software 52

Supply Chain Software Optimization Software Supply Chains Inventory Reduction 52

SYSPRO Smarter ERP

NOVEMBER 3, 2021

They are part of the quality management process and require an analysis of the top factors that drive returns to determine where interventions are required in the process. They are used to measure how effectively the warehouse processes of receiving, replenishment, fulfilment and shipping perform. Warehousing KPIs.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 105

GlobalTranz

DECEMBER 21, 2016

This is a hands-free technology that uses spoken commands for picking, putting, receiving, replenishing and warehouse shipping functions. Real-time data analysis and communications. This technology is almost similar to RF technology and is a flexible choice for order fulfillment. Increased picking accuracy. Improved system control.

Supply Chain Design Software 105

Supply Chain Design Software Supply Chain Planning Software Optimization Software Supply Chain Software 105

Logistics in War

FEBRUARY 8, 2020

Logistics constraints and strengths can shape strategy, determine the form and means of operations, and if given nothing more than a passing glance by military commanders and civilian planners, will prevent combat forces from ever achieving their full potential in the air, and on the sea and land.

Military 63

Military Operations Resource Reduction Supply Chain Planning Software 63

Logistics Bureau

NOVEMBER 16, 2020

You could be particularly numerate, or into analysis. This job would suit a graduate who has studied subjects such as continuous process improvement, materials replenishment planning (MRP), supply chain management (SCM), and project development. Review and streamline transport strategies. Do you want to be managing people?

Supply Chain Planning Software 115

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

EazyStock

NOVEMBER 17, 2020

This can include statistical demand forecasting , advanced inventory planning and automated replenishment activities. Can you recognize the warning signs that your business needs automated inventory planning and replenishment ? Automated replenishment is critical to ERP inventory management.

ERP 98

ERP Inventory Reduction Inventory Optimization Software 98

Logistics Bureau

DECEMBER 19, 2022

For example, slotting strategies often involve placing the fastest-moving SKUs close to the warehouse dispatch zones, minimising picking operatives’ travel distances and times. Therefore, any slotting strategy should focus on minimising such travel. Slotting Increases Replenishment Efficiency. Slotting Benefits: Summary.

Production 92

Production Inventory Reduction Cost Reduction Resource Reduction 92

GlobalTranz

AUGUST 25, 2017

Operations Research Analysis Manager. Comes up with strategies and goals while developing budgets, policies, and processes to further enhance the functional framework. Communicates with buyers on the topic of product review and whether the stores should be replenished or not. Without further ado, let’s get down to brass tacks.

Inventory Reduction 30

Inventory Reduction Material Savings Optimal Sourcing Sourcing Strategies 30

Infosys Supply Chain Management

FEBRUARY 8, 2012

They expand into an analysis of revenue-accruing & cost-optimizing functions, and result in the identification of capabilities that the organization aspires to develop or enhance. It would have institutionalized online strategies to capture customer preferences to tailor revenue-enhancing online offerings. Categories.

Supply Chain Planning Software 34

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Supply Chains 34

247 Customs Broker

APRIL 6, 2018

Sure, every facility has plans, like min/max levels for SKUs, replenishment schedules and maybe even some local labor planning to assess if a distribution center can meet a peak season rush. Conversely, middle managers in logistics need to go beyond pride in being able to expedite. S&OP spans horizons. Assess scenarios.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Software 28

3PL Links

JULY 7, 2023

The Role of Data Analytics in Supply Chain Management | Image source: Pixabay This article describes the transformation that data analysis and the supply chain are fostering and how it will impact business intelligence. Intelligence-driven businesses are interested in supply chain management and data analysis.

Supply Chain Software 48

Supply Chain Software Supply Chains Data Logistics Network Optimization Software 48