GlobalTranz

APRIL 6, 2021

The demand caught off-guard those retailers and suppliers who relied on just-in-time inventory practices. Of course, toilet paper and paper towels were in short supply as well. More consumers purchased bigger, bulkier items – furniture, exercise equipment, etc. Manufacturing and supply chains couldn’t ramp up fast enough.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Software Supply Chains Manufacturing Procurement 75

Logistics Bureau

JANUARY 9, 2019

Of course, it is helpful to have some statistics on hand to validate the statement above. Pioneered the use of vendor-managed inventory. Implemented cross-docking in its supply network to enable inventory reductions. Inventory shortages. If you want business success (and who doesn’t?), Mini Case Study: Whirlpool.

Supply Chain Design Software 118

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

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. Typically it involves carrying extra inventory and hiring more workers than absolutely necessary. 5) Measure the Risks Using Latest Technology.

Supply Chain Design Software 63

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

Logistics Bureau

AUGUST 1, 2022

The need for any S&OP process to have an executive sponsor who actively participates in the process, albeit only by exercising final approval over plans and, of course, making any decisions that call for executive authority, cannot be overstated. S&OP is ostensibly a numbers game, of course. 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

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. Of course, the consequences, and their seriousness, will depend on the criticality of the product, but availability challenges are never desirable.

Procurement Analytics 117

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 117

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

Conger

JULY 20, 2020

Of course not. This portion of training must consist of “demonstrations performed by the trainer and practical exercises performed by the trainee” [OSHA standard 1910.178(l)(2)(ii) ]. With lots of options and aggressive marketing for online certification courses, you've probably had this question cross your mind.

How To 63

How To Buyer Training Training Course 63

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

Logistics Business Magazine

AUGUST 7, 2019

Shipping company, Shapiro, describes how Shipment Tracking Systems benefit customers whilst also saving costs, and the Internet of Things and Radio Frequency Identification can help with the seamless tracking of inventories more quickly and accurately than has been possible in the past.

Modeling Software 28

Modeling Software Logistics Network Optimization Software Operations Supply Chain Software 28

Logistics Bureau

DECEMBER 18, 2017

Selecting the right 3PL is no simple exercise, yet it’s one that’s all too often subject to shortcuts, a dearth of detail, and overly compressed timelines. Let’s take inventory management as an example. In many cases, we need only look at the very first steps in the partnering process to spot the first signs of rot.

3PL 48

3PL Outsourcing Supply Chain Design Scenario Planning 48

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

GlobalTranz

JANUARY 21, 2015

Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. Vendor Managed Inventory Model for Supply Chain Cost Reductions. The distributor maintains the inventory plan. What is Reverse Marketing?

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

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. What can be measured can be managed.

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. It also stands to reason that when you undertake a slotting exercise, you should think about it from the perspective of these activities.

Production 92

Production Inventory Reduction Cost Reduction Resource Reduction 92

Logistics Bureau

SEPTEMBER 26, 2018

The company was replenishing dealers’ inventory on a weekly basis, by direct shipment and cross-docking operations, from source warehouses located near Deere & Company’s manufacturing facilities. The only way Intel could find to make supply chain cost reductions was to bring this cycle time down and therefore reduce inventory.

Cost Reduction 85

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 85

Logistics Bureau

JULY 18, 2022

Inventory levels. The added benefit of working with such a partner is that because they collect performance data from hundreds of companies, they can help you choose the most appropriate key performance indicators to use in your benchmarking exercise. Inventory optimization software. Vendor-managed inventory or replenishment.

Inventory Reduction 106

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 106

Logistics Bureau

MAY 24, 2019

The company was replenishing dealers’ inventory weekly, using direct shipment and cross-docking operations from source warehouses located near Deere & Company’s manufacturing facilities. The only option was to try to reduce levels of inventory, which, up to that point, had been kept very high to support a nine-week order cycle.

Cost Reduction 65

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 65

Conger

JULY 28, 2022

Of course, every warehouse also needs an accessible first aid kit complete with the requisite medical supplies and equipment. Both the worker and the employer need to exercise caution in these conditions, including: Allowing new or returning workers to gradually increase workloads as they build a tolerance for the cold or heat.

Tips 52

Tips Material Savings Training Materials Handling 52

Logistics Bureau

MAY 31, 2021

Unless your company has already invested in the processes and technology to support the addition of online retail logistics to your channel strategy, attaining a single view of your inventory and customers could prove difficult. You will probably find, from your initial analysis, that your cost-to-serve follows the 80/20 rule.

Cost Reduction 117

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 117

Logistics Bureau

NOVEMBER 14, 2018

It can of course also be used to make an already profitable relationship even more profitable! For example, a CTS analysis may show you that customers ordering directly from you at your factory also generate lower costs in transport and inventory costs. Collecting and Using Cost to Serve Data. This sounds like common sense.

Purchasing Skills 88

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

Infosys Supply Chain Management

SEPTEMBER 30, 2014

Very recently I was a member of a project team implementing an Asset/Inventory Management system for a well-known pipeline maintenance company in North America. In the course of the implementation I had the opportunity to interact with the business leads managing both operations and inventory functions in the organization.

Inventory 20

Inventory Analysis Blog Exercises 20

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. More SKUs adds to more complexity in inventory planning, stocking, management and optimized deployment.

Supply Chain Planning Software 24

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

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.

Supply Chain Planning Software 139

Supply Chain Planning Software Supply Chains Scenario Planning Manufacturing Procurement 139

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

GlobalTranz

OCTOBER 30, 2015

Twelve months can seem like a long time when you consider everything that happened over the course of the last 365 days. Examining what went right and identifying areas for growth and opportunity are powerful exercises that both prevent the recurrence of negative behaviors and reinforce our commitment to priorities.

Supply Chain Planning Software 92

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