Logistics Business Magazine

JULY 6, 2022

Of course, with global energy prices soaring, the commercial incentive for operating in an environmentally conscious way has never been greater. For example, as part Combilift’s drive to help customers achieve their aims of more sustainable operations, over 60% of the company’s output is now electric.

Supply Chain Planning Software 63

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Sourcing Strategies 63

3PL Links

FEBRUARY 19, 2024

Image source: Flickr | Navigating Trends and Projections in Logistics for 2024 The logistics industry is always changing due to fluctuations in the market, technology advancements, and the never-ending quest for efficiency.

Sourcing Strategies 48

Sourcing Strategies Trends Inventory Reduction Logistics Network Optimization Software 48

Logistics Viewpoints

AUGUST 22, 2023

That’s when you can course correct in any number of ways that make your business more efficient and your customers happier. And modern, API-first data strategies have vastly improved portability, ensuring data can be easily moved and shared between any cloud and any application. In other words, visibility is an enabler.

Supply Chain Planning Software 112

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 112

Logistics Viewpoints

JUNE 6, 2022

Transportation is, of course, a major source of green house emissions. Derek Gittoes, a vice president of supply chain management product strategy at Oracle, said “this is very much an estimate. For example, Oracle is using average emission from a 5-ton truck, or a bulk tanker. That is more than any other sector.

Cost Reduction 134

Cost Reduction Price Reduction Supply Chain Planning Software Scenario Planning 134

Logistics Viewpoints

JUNE 29, 2021

When you’re ingesting and synthesizing data from dozens or hundreds or millions of sources (as most sophisticated platforms do nowadays), you will see duplicated records, incomplete fields, formatting inconsistencies, different languages, different units of measurement. And better data science leads to better business outcomes for customers.

Data 146

Data Supply Chain Design Software Supply Chain Planning Software Digital 146

Logistics Bureau

APRIL 3, 2023

So, for example, outsourcing sales activity is not typically a good idea if yours is a retail sales company. But, of course, what those circumstances are is for you to decide. But just because you can outsource it all doesn’t mean you should. Without further ado, then, let’s move on so I can fulfil the promise above.

Outsourcing 87

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 87

Logistics Viewpoints

NOVEMBER 21, 2022

Those brands include Pepsi, of course, but also Lay’s, Quaker, Doritos, Cheetos, and Gatorade. Because of the food giant’s size, their sustainability strategy also is very broad. Scope 1 emissions include direct emissions from the company’s owned and controlled sources.

Food and Agriculture 113

Food and Agriculture Supply Chain Planning Software Supply Chain Design Software Purchasing Skills 113

3PL Links

JANUARY 31, 2023

7 Best Tips for Inventory Management To Avoid Losses | Image source: AR Racking Inventory management is likely the most crucial success component if you sell products through an online store. As a result of only investing in an expensive marketing strategy, you immediately miss the point. In a nutshell, a situation to avoid.

Inventory Reduction 62

Inventory Reduction Inventory Tips Expense Reduction 62

Logistics Business Magazine

OCTOBER 9, 2023

That in turn can assist with the next topic, that of efficient order picking, which of course has its own pathing and routeing issues. AI will be able to improve the choice and operation of picking strategies – and the optimum may differ according to the type of goods, or even the time of day.

Warehousing 61

Warehousing Sourcing Strategies Supply Chain Planning Software Resource Reduction 61

Forto

JANUARY 10, 2020

And with these factors as your tailwind we think that the following 8 strategies will take your business to the next level. In order to identify suitable cost saving measures, FreightHub offers companies exporting to China the opportunity to review their logistics strategy with our logistics expert. Finding The Best Costs.

Cost Reduction 40

Cost Reduction Price Reduction Sourcing Strategies Strategy 40

UL EHS- Sustainability

OCTOBER 31, 2019

But the most successful learning and development teams also understand how to measure the success of each training course and react accordingly. The best training strategy in the world can’t fix operational issues. The real cause typically reveals itself quickly when you go directly to the source. Thank you, big data.)

Buyer Training 40

Buyer Training Optimal Sourcing Expense Reduction Cost Reduction 40

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

Stord

MAY 15, 2024

For example, parcel carriers normally sort and scan only in the evenings, and with a few exceptions only on weekdays. This problem can stem from a variety of sources, notably delays in carrier pickup , which is often the result of the carrier not taking physical possession of the package quickly after its status is marked as shipped.

Sourcing Strategies 78

Sourcing Strategies Logistics Network Optimization Software Supply Chain Design Software Packaging 78

Now, That's Logistics

FEBRUARY 15, 2022

Companies that are dealing with high transportation costs, freight bottlenecks and supply chain disruptions are now extending the workarounds they adopted during the pandemic and taking on new strategies to ease their supply-chain pain in the new year, according to the Wall Street Journal. DB Schenker. “As

Cost Reduction 78

Cost Reduction Capacity Trends Expense Reduction 78

EazyStock

JANUARY 27, 2021

In addition to shorter lead times, lower shipping costs, no tariffs and a typically lower MOQ, domestically-source products usually are higher quality – plus, sourcing domestically can work as an attractive marketing strategy. For domestic suppliers, the opposite is typically the case. Automation.

Supply Chain Software 96

Supply Chain Software Supply Chain Planning Software Inventory Reduction Supply Chains 96

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

FEBRUARY 6, 2023

2: Using KPIs That Are Not Aligned with Supply Chain Strategy We’ve stated many times in our articles that a supply chain strategy can only succeed when aligned with the overall business strategy. The whole point of KPIs is to show you how effectively your strategy is working by indicating progress toward your strategic goals.

Supply Chain Software 100

Supply Chain Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 100

GlobalTranz

OCTOBER 12, 2016

Science, technology, engineering and mathematics (STEM) skills should be more heavily included into the educational courses of today’s students. Specifically, more manufacturers should offer training courses focused on STEM education to workers in lower-paying, less-intense positions. Implement Sustainable Manufacturing Practices.

Manufacturing Procurement 125

Manufacturing Procurement Buyer Training Waste Reduction Cost Reduction 125

SYSPRO Smarter ERP

NOVEMBER 3, 2021

The SCOR (Supply Chain Operations Reference) methodology has six high-level business activities that define the supply chain – plan, source, make, deliver, return, and enable. This may lead to any number of follow-up actions, for example: Redesigning sourcing or material strategies.

Manufacturing Procurement 105

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

ShipLilly

FEBRUARY 8, 2023

Of course, this is only possible with goods with a long expiry date. For example, some businesses could position themselves as the source for hard-to-find items that have not been recently stocked by most rivals. For example, companies should move away from over-purchasing even if there are optimistic projections for demand.

Inventory Reduction 52

Inventory Reduction Inventory Handling Price Reduction 52

AIMMS

FEBRUARY 3, 2020

Moving past waste, water, and C02 reduction, they have begun searching for renewable energy sources, different forms of packaging, and increased efficiency overall. More and more enterprises will be focusing on processes like ethical sourcing, reverse logistics, and using green materials in response to public demands.

Supply Chain Planning Software 133

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 133

Logistics Viewpoints

NOVEMBER 2, 2021

When you can barely see beyond the bow of the ship, when extreme wind and waves threaten to throw you off course – or worse, sink you – it’s understandable that long-term thinking can get chucked overboard like so much extra ballast. I can only imagine what it must be like to be at sea during a major storm. Which industries will survive?

Supply Chain Planning Software 111

Supply Chain Planning Software Scenario Planning Supply Chain Design Software Modeling Software 111

Logistics Bureau

MAY 3, 2021

Some have hit on the right strategies and are thriving in the new normal, and others are struggling. It was perhaps fortuitous that Target began implementing a strategy to focus on fulfillment from stores back in 2019. Kohl’s, for example, embarked on a partnership with Amazon to handle its customer returns.

Supply Chain Planning Software 71

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 71

Turvo

JUNE 3, 2020

As explained by Rick Brumett of Industry Week , these factors contribute to a growing sense of unrest, and then, beyond the planning and strategies around what happens in the supply chain from sourcing to delivery, there is always the risk of cybersecurity in the digital supply chain.

Supply Chain Planning Software 54

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Collaboration 54

Logistics Business Magazine

JUNE 25, 2021

In only a few years, for example, veganism has moved from being an eccentricity to a mainstream market that few in the industry can afford to ignore. Retailers are changing their own models, and of course responding to each others’ developments. That is no longer true.

Industry 38

Industry Inventory Reduction Sourcing Strategies Material Savings 38

Freightos

APRIL 27, 2023

As more data sources get legible, whether it’s container ship movements, eAWBs or carrier rates , it can have incredible ramifications. This was, of course, an extremely popular use case for market data. But even since July 2020, much has changed. Don’t tell me how much I lost; tell me how I can improve investments today.

Data 62

Data Freight Optimal Sourcing Supply Chain Software 62

Ship Monk

JULY 27, 2022

We’re talking, of course, about demand forecasting, or the process of predicting customer demand for a product or service. Keep reading to learn what demand forecasting is, why you need it, and how to implement it into your eCommerce strategy! The COVID-19 pandemic was a prominent example. #5 What is Demand Forecasting?

eCommerce 52

eCommerce Inventory Reduction Cost Reduction Price Reduction 52

Logistics in War

APRIL 6, 2019

Whilst there are economic benefits to this approach, it discounts current trends in competition for energy sources and market dominance, threats to supply infrastructure, the impact of natural disasters and geopolitical uncertainty (especially in the Indo-Pacific region).

Sourcing Strategies 59

Sourcing Strategies Resource Reduction Seminar White Paper 59

Ship Monk

AUGUST 3, 2022

Not all of those examples are exactly illustrious, but they do (for the most part) prove that two heads really are better than one. We’ll get into some examples of the different types of “PLs” later, so hang on to your hats! Of course, not all logistics service providers are created equal, which leads us to.

Logistics Network Optimization Software 52

Logistics Network Optimization Software eCommerce Inventory Reduction Resource Reduction 52

Logistics Bureau

JULY 10, 2018

While the development of a wholly demand driven supply chain (DDSC) might not be for every enterprise, there is no doubt that many can benefit from such as strategy. “In a world that’s changing really quickly, the only strategy that is guaranteed to fail is not taking risks.” ” – Mark Zuckerberg.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Design Software Inventory Reduction Supply Chain Software 48

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 Business Magazine

JULY 28, 2022

Without having an overview of the location and status of inventory, or the ability to forecast customer demand to prepare for a surge in sales, businesses could not react quickly enough and plan the right course of action. On top of this, businesses struggled with both sourcing and receiving products. For example, the U.S.

Supply Chain Planning Software 64

Supply Chain Planning Software Supply Chain Software Supply Chains Manufacturing Procurement 64

AIMMS

FEBRUARY 3, 2020

Moving past waste, water, and C02 reduction, they have begun searching for renewable energy sources, different forms of packaging, and increased efficiency overall. More and more enterprises will be focusing on processes like ethical sourcing, reverse logistics, and using green materials in response to public demands.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 62

WorkWave

OCTOBER 7, 2019

Every company or business has a strategy, whether clearly articulated or not. Unfortunately, often the functions that are essential to achieving a transformation goal—IT, HR, finance, management—aren’t part of developing the strategy or testing whether it is clearly understood. Companies also often confuse goals with strategy.

Sourcing Strategies 58

Sourcing Strategies Cost Reduction Digital Buyer Training 58

Logistics Viewpoints

MAY 27, 2021

In my Logistics Viewpoints article in April 2021, Building Profitability with Agility while Digitally Transforming the Supply Chain , I mentioned that we will continue to explore here the concrete steps in the digital journey and examples of determination from the top in addition to logistics operations.

eCommerce 139

eCommerce Optimal Sourcing Supply Chain Software Supply Chain Planning Software 139

Bringg

MARCH 24, 2021

A good example of such a strategic decision could be choosing a warehouse’s location. That being said, it’s also as important to consider competitors’ strategies to respond to demand. . For example, delayed shipping times or customer unavailability during delivery can disrupt the supply chain. More business, less waste.

Optimal Sourcing 62

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

GlobalTranz

DECEMBER 5, 2016

For example, Ford employs approximately 200,000 workers, one-third of its 1970 payroll, yet it pushes out more vehicles than ever before. Of course, driverless cars are robotically controlled, and they have caused some accidents. For example, Google Voice and Siri are both automated, robotic systems. Only 13 percent of lost U.S.

Manufacturing Procurement 104

Manufacturing Procurement Sourcing Strategies Efficiency Operations 104