Logistics Bureau

SEPTEMBER 4, 2023

And, of course, I will also share how knowing your cost-to-serve will help you to solve those all-too-familiar performance gremlins. If your business is experiencing a persistent reduction in profit margins, analysing your cost to serve is an advisable step in diagnosing the causes. We’ll begin with a look at pricing strategy.

Negotiating Skills 89

Negotiating Skills Purchasing Skills Cost Reduction Analysis 89

Logistics Viewpoints

FEBRUARY 2, 2023

The answer, of course, is yes. Instead of manually entering data at set intervals throughout the month – an after-the-fact exercise prone to errors and omissions – an automated solution captures billable activities correctly in real-time, improving overhead utilization, cost control, and revenue leakage at once.

Supply Chain Planning Software 122

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Negotiating Skills 122

Logistics Bureau

DECEMBER 19, 2022

Slotting is all about optimising the placement of warehouse SKUs to gain efficiency , increase productivity , and reduce operational costs. Or a similarly sized reduction in warehouse labour costs ? Therefore, any slotting strategy should focus on minimising such travel. Why Implement Slotting in Your Warehouse?

Production 92

Production Inventory Reduction Cost Reduction Resource Reduction 92

Logistics Bureau

MAY 31, 2021

Let’s begin with a look at why, in general, retailers with multiple sales channels are more likely to experience difficulties in reducing cost-to-serve. Additional network complexity: It can be troublesome to juggle inventories for conventional and digital retail sales channels. Where to Start Looking for Cost-to-Serve Reductions.

Cost Reduction 117

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 117

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

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 Viewpoints

APRIL 11, 2024

Planning together allows companies to reduce excess inventory that builds up when they plan sequentially. Asking these what-if questions entails assessing the impact on multiple areas, such as packaging, production, inventory, distribution, and of course customers. “Had

Supply Chain Planning Software 139

Supply Chain Planning Software Supply Chains Scenario Planning Manufacturing Procurement 139

Logistics Bureau

MARCH 30, 2020

Once this exercise is completed, your company can then assess the risk from tier-two suppliers onwards. Form a series of joint agreements to monitor lead times and inventory levels. The reasoning behind this, is that the chances of all plants being disrupted at the same time are significantly reduced. 4) Create Redundancy.

Supply Chain Design Software 63

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

Logistics Bureau

AUGUST 2, 2021

By shortening supplier lead time, you might find opportunities to reduce safety stock levels and gain other inventory management wins for your organisation. It’s critical to understand these costs and their composition because by reducing them, you increase the profitability of your organisation.

Procurement Analytics 117

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 117

Logistics Bureau

APRIL 19, 2021

If you’ve never done a benchmarking exercise before, read on. It would, of course, be what the winning time was when this race was last run in your district. This exercise would involve you measuring particular functions or aspects of your business and comparing that against other parts of your business. Informal Benchmarking.

Supply Chains 118

Supply Chains Exercises Picking Cost Reduction 118

Logistics Bureau

AUGUST 1, 2022

Often, in our experience, the problem is a human one… It’s not the data, not the process, not the technology, or the strategy, but the people. S&OP is ostensibly a numbers game, of course. Of course, the goal(s) might change over time, such as when existing ones are achieved, but that is fine. Inventory turns.

Supply Chain Planning Software 104

Supply Chain Planning Software Scenario Planning Operations Supply Chain Design Software 104

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). What levels of inventory availability do you require?

Supply Chain Design Software 98

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

GlobalTranz

OCTOBER 30, 2015

A huge part of effective strategy in any business function is planning. Twelve months can seem like a long time when you consider everything that happened over the course of the last 365 days. Rather concerns over truck capacity constraints earlier this year pushed manufacturers and retailers to build up higher than normal inventories.

Supply Chain Planning Software 92

Supply Chain Planning Software Scenario Planning Supply Chain Design Software Supply Chain Design 92

Airfreight Logistics

JULY 4, 2019

This includes unloading cargo planes, conducting professional warehousing and inventory management as well as loading the relief goods for onward transportation. DRT will also provide expertise and support for AHA Centre’s courses and exercises related to ASEAN-ERAT (Emergency Response and Assessment Team) and ASEAN Humanitarian Logistics.

Collaboration 28

Collaboration Inventory Reduction Resource Reduction Scenario Planning 28

Logistics Manager

JULY 4, 2019

This includes unloading cargo planes, conducting professional warehousing and inventory management as well as loading the relief goods for onward transportation. DRT will also provide expertise and support for AHA Centre’s courses and exercises related to ASEAN-ERAT (Emergency Response and Assessment Team) and ASEAN Humanitarian Logistics.

Collaboration 28

Collaboration Inventory Reduction Resource Reduction Scenario Planning 28

Globalior

MARCH 12, 2020

The move is meant to force traders to exercise greater due diligence in classifying imported products correctly under a more specific description instead of an “Others” description, which is generally regarded as a residual classification category. What should India’s Importers expect? What should companies do in the meantime?

Exercises 52

Exercises Government Cost Reduction Inventory Reduction 52

Logistics Bureau

NOVEMBER 14, 2018

The real value of knowing your Cost to Serve a given customer is to identify opportunities to increase or recover profit, rather than cut losses. In other words, it often makes sense to see how you can transform unprofitable customers into profitable ones, rather than cutting them off. Collecting and Using Cost to Serve Data.

Purchasing Skills 88

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

FLS Transport

JANUARY 4, 2021

Inventory re-stocking is at the top of the list. Retailer’s inventories were decimated last year by a massive change in consumer buying habits. And while retailers were able to modestly re-stock going into peak, data now shows that they lack adequate inventory. Inventory replenishment will continue well into 2021.

Freight 52

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

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. On the more traditional side, evaluating where and how to position inventory to serve both online and brick-and-mortar retail customers is a big logistics issue.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 40

Infosys Supply Chain Management

NOVEMBER 16, 2012

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. Not only will this drive more fulfillment cost efficiency, it reinforces the strategy to have consumers back in stores.

Supply Chain Planning Software 24

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

Conger

JULY 28, 2022

Warehouse safety includes the regulatory guidelines, actions, and best practices that help reduce injuries, provide workers with a safe environment, and reinforce safe behavior. Thus, focusing on warehouse safety helps reduce and prevent these risks as well as the accompanying fallout that goes with them. 15 Warehouse Safety Tips.

Tips 52

Tips Material Savings Training Materials Handling 52