Logistics Bureau

MAY 24, 2021

Turnover Days and How to Calculate Them. As a rough rule of thumb, your safety stock levels should take into account the difference between average and maximum daily sales of a product, and between the average and maximum lead times for inbound delivery of that product. How much inventory should your company hold?

Inventory Reduction 118

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 118

GlobalTranz

FEBRUARY 25, 2021

Remanufacturing and refurbishing activities also may be included in the definition of reverse logistics.”. How to Optimize Your Return Logistics Through Integration. The process runs continuously behind the scenes to eliminate added inbound freight at the brick-and-mortar location. Managing return logistic can be challenging.

Reverse logistics 84

Reverse logistics Inventory Reduction Cost Reduction Material Savings 84

GlobalTranz

AUGUST 9, 2017

However, weight is taking on new a new definition following implementation of dimension (DIM) pricing models. As a result, it is important for shippers to watch surcharges and ask questions when something does not seem right. Weight and Dimensional Pricing. The weight of a package is an obvious factor in parcel pricing.

Negotiating Skills 49

Negotiating Skills Price Reduction Cost Reduction Waste Reduction 49

Logistics Marketing Advisors

JUNE 20, 2018

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. Forget about legal definitions here, that’s spamming. How to Comply with GDPR Legislation. If you’re like thousands of companies around the globe, you may be thinking, “What a pain.

Procurement Solutions 40

Procurement Solutions Procurement Analytics Logistics Network Optimization Software Compliance 40

Logistics Bureau

NOVEMBER 15, 2021

Of course, you will need KPIs that cover each of these elements, so to help you select the right ones, the following sections provide overviews of some of the most useful KPIs in each category. First, of course, you will need some way to measure the rate at which your workforce is picking orders. 1) Speed up the Warehouse.

Inventory Reduction 62

Inventory Reduction Cost Reduction Expense Reduction How To 62

Automotive Logistics

JANUARY 31, 2018

Ernst & Young is collaborating with logistics provider Penske on some digital track and trace initiatives, including how to get early indication of potential disruption in the supply chain and how to respond to it. Smarter coordination of inbound material is certainly something Ford is looking for in its Mexico operations.

Optimal Sourcing 28

Optimal Sourcing Optimization Software Conference Supply Chain Planning Software 28

247 Customs Broker

JUNE 6, 2018

Of course, that would be hard to do if the business in question needs to pile on costs just in order to increase its market share. How economies of scale affect that balancing act is the subject of this article. Let’s start with a definition of economies of scale and consider three critical items. Defining economies of scale.

Purchasing Skills 28

Purchasing Skills Negotiating Skills Sourcing Strategies Supply Chain Planning Software 28