Logistics Bureau

OCTOBER 29, 2020

Of course, benchmarks and benchmarking can cover all kinds of different things, at work or elsewhere. This is a question that frustrates businesses if they only have data that is anecdotal and subjective, and lack the quantitative hard data that really tells them what’s going on. Good Data is Key to Success with SCOR.

Supply Chains 79

Supply Chains How To Scenario Planning Cost Reduction 79

Logistics in War

FEBRUARY 22, 2020

The risks accepted in not beginning are, of course, high and err towards a professional negligence that ultimately costs time, resources and people at the time of a future war. Firstly, it recommended conducting realistic wargames and exercises to reflect threats and the capability of the ‘logistics enterprise’ to respond.

Military 92

Military Resource Reduction Cost Reduction Expense Reduction 92

Logistics Bureau

MARCH 30, 2020

Once this exercise is completed, your company can then assess the risk from tier-two suppliers onwards. The companies most likely to emerge strongly from the Coronavirus crisis are those that had diversified their operations and implemented multi-sourcing strategies. 2) Diversify Your Operations.

Supply Chain Design Software 63

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 63

Logistics Bureau

OCTOBER 19, 2020

Of course, benchmarks and benchmarking can cover all kinds of different things, at work or elsewhere. This is a question that frustrates businesses if they only have data that is anecdotal and subjective, and lack the quantitative hard data that really tells them what’s going on. Good Data is Key to Success with SCOR.

Supply Chains 62

Supply Chains How To Scenario Planning Cost Reduction 62

Logistics Bureau

JANUARY 7, 2020

Of course, it is helpful to have some statistics on hand to validate the statement above. Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. What’s wrong with this picture?

Supply Chain Design Software 122

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 122

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.

Inventory Reduction 106

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 106

Logistics in War

DECEMBER 2, 2019

I have been extremely fortunate to interview a range of senior military officers and public servants through the course of academic research in 2017. Strategy is a concept of relating means to end; it is complex and subtle and is about thinking, vision, learning as opposed to planning. Strategic failure.

Negotiating Skills 50

Negotiating Skills Sourcing Strategies Resource Reduction Military 50

ShipLilly

FEBRUARY 8, 2023

Of course, this is only possible with goods with a long expiry date. Historical data, as well as informed projections, can be useful in this exercise. This is a risky strategy for perishable goods as the future is not always predicted accurately. This can prevent avoidable administrative errors when managing one’s stock.

Inventory Reduction 52

Inventory Reduction Inventory Handling Price Reduction 52

Logistics in War

NOVEMBER 13, 2017

Through the course of 2017, and because of my academic research, I have been extremely fortunate to interview a range of senior military officers and public servants. Strategy is a concept of relating means to end; it is complex and subtle and is about thinking, vision, learning as opposed to planning. By David Beaumont.

Negotiating Skills 69

Negotiating Skills Sourcing Strategies Resource Reduction Military 69

Infosys Supply Chain Management

JULY 26, 2013

Cloud & Big Data. « Collaborative Platform for Enterprise of Future | Main | Key Asset Management trends in Oil & Gas Industry » Importance of Proactive Master Data Maintenance in SAP SCM Support. These 3 master data elements contributed to almost 50-60% of planning issues. Business Process Outsourcing.

Supply Chain Planning Software 29

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 29

Logistics Bureau

MARCH 3, 2019

Of course, it would be possible to write an entire book on this particular subject, so for the sake of keeping this article relatively brief, I’ll stick to a short explanation of crucial factors to consider when planning a warehouse network (even if it is a network of one). It can go further than this, of course.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Scenario Planning 98

Logistics Bureau

JANUARY 9, 2019

Of course, it is helpful to have some statistics on hand to validate the statement above. Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. Mini Case Study: Walmart.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 118

Logistics Bureau

NOVEMBER 8, 2021

If yours is not one of those businesses, and you’re confident in your KPI suite and the relevance of the data it provides, congratulations! Whatever your competitive strategy, though, your supply chain goals should support it. If your KPIs are common ones, it shouldn’t be a problem, of course. You’re in a good place.

Supply Chain Software 81

Supply Chain Software Supply Chains Scenario Planning Cost Reduction 81

Supply Chain Brain

MAY 7, 2018

to the complex exercise of pricing. of course, has the potential to affect multiple stages and functions of the supply chain. It’s that latter quality that applies to data-heavy disciplines such as pricing. The result,” says Webb, “is much greater richness and breadth of data.” On one hand, A.I. At the same time, an A.I.-driven

Price Reduction 40

Price Reduction Supply Chain Planning Software Modeling Software Supply Chain Software 40

Logistics Marketing Advisors

JUNE 20, 2018

Those letters are short for General Data Protection Regulation – a law created by the European Union (EU) to give its citizens the ability to protect their personal data and online privacy. Communication is a two-way street, of course. If an honest assessment points more to the latter, now is a good time to course correct.

Procurement Solutions 40

Procurement Solutions Procurement Analytics Logistics Network Optimization Software Compliance 40

Shipping and Freight Resource

DECEMBER 9, 2021

Data the “new” gold, is in high demand all over the world and especially now in the shipping and freight industry. But just data alone is not going to assist. Data and its usage must be standardised and there must be a standardised approach to digitalisation. So that Industry Blueprint was quite crucial.

Data 90

Data Supply Chain Planning Software Supply Chain Software Digital 90

The Logistics Academy

FEBRUARY 13, 2017

Darren Prokop, University of Alaska Anchorage (UAA): As in the academic world in general, there is a trend to online course delivery. Another trend is learning how to deal with the avalanche of data that supply chain managers have at their fingertips. They must know which data deserves priority for a given problem.

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

Of course, as this is an ultimate guide to product slotting, it would only be fitting to leave you with a statement about the cost benefits if it includes an explanation of how they come about. Therefore, any slotting strategy should focus on minimising such travel. Or a similarly sized reduction in warehouse labour costs ?

Production 92

Production Inventory Reduction Cost Reduction Resource Reduction 92

SYSPRO Smarter ERP

JANUARY 19, 2022

Use data to improve operations. To assist with the short-term solution, the answer is an extensive data-gathering exercise. Align your business and supply chain strategies. In the long term, manufacturers need a robust business strategy that drives their supply chain strategy. The benefits of ERP.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 105

GlobalTranz

MARCH 3, 2016

We asked David from LoadTraning how much time one would have to set aside to pass a freight broker course as well as some hands-on training. David told us that in order to go through the “Broker Operations Manual”, which includes all the relevant theoretical info and data, one should plan on setting aside about three weeks.

Negotiating Skills 51

Negotiating Skills How To Buyer Training Freight 51

Logistics Bureau

OCTOBER 12, 2020

Golden Rule #1: Meaningful KPIs Require a Meaningful Strategy. I’ve written many posts on this blog about the importance of having a supply chain strategy aligned with the overall business plan, and why it is a mistake to have misaligned strategies. Of course, some “standard” KPIs might fit flawlessly.

Supply Chain Software 62

Supply Chain Software Supply Chains Material Savings Sourcing Strategies 62

Logistics Bureau

FEBRUARY 28, 2019

Golden Rule #1: Meaningful KPIs Require a Meaningful Strategy. I’ve written many posts on this blog about the importance of having a supply chain strategy that’s aligned with the overall business plan, and why it is a mistake to have misaligned strategies. I’ve also described some of the issues that can arise from such an error.

Supply Chain Software 63

Supply Chain Software Supply Chains Sourcing Strategies Scenario Planning 63

Logistics Business Magazine

MAY 5, 2020

With current events in mind, managing future supply chain disruptions will be an integral component of corporate strategy. Creating supply chain resilience is a holistic exercise that involves more than just a few savvy logistics people. How then to build a strategy? Unpredictable is not a reason to be unprepared.

Supply Chain Planning Software 47

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 47

Logistics Bureau

SEPTEMBER 20, 2022

However, in many cases, a 3PL will not readily agree to re-engineer a client’s logistics strategies, tactics, and methodologies. Sufficient due diligence is exercised in partner selection. That’s provided, of course, that management of the 3PL/client relationship and of the logistics operation overall, is effective.

Outsourcing 98

Outsourcing Cost Reduction Resource Reduction Expense Reduction 98

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. Knowing your CTS per product and per customer also lets you better control different commercial strategies.

Purchasing Skills 88

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

Infosys Supply Chain Management

NOVEMBER 16, 2012

Cloud & Big Data. As was the case last year, the 2012 holiday buying season will be very much about the continued leveraging power of consumers in exercising multi-channel buying preferences and technology-enabled online tools. Business Process Outsourcing. Customer Service. Finance & Accounting. Human Resources. Banking Suite.

Supply Chain Planning Software 24

Supply Chain Planning Software Eliminating Excel in Purchasing Supply Chain Software Supply Chains 24

Automotive Logistics

AUGUST 14, 2018

From a purely automotive perspective, the US vehicle handling ports exported 4m vehicles last year and imported twice that number, according to data from analyst PwC. According to GE Transportation, the system integrates data from across the port to better align people and resources and more efficiently move cargo through it.

Supply Chain Planning Software 39

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Design Software Modeling Software 39