CH Robinson Logistics

NOVEMBER 4, 2021

In a recent global survey conducted by our team, shippers reported congestion and capacity as their main pain points in today’s ocean environment. In the following, I’ll share where we’ve seen shippers find success through LCL and why you should consider it if it’s not already a part of your shipping strategy. Expedited LCL options.

Inventory Reduction 86

Inventory Reduction Global logistics Cost Reduction Logistics Network Optimization Software 86

Ship Monk

FEBRUARY 9, 2024

This type of data must be actively gathered by researching market trends, analyzing the competitive landscape, conducting consumer surveys and focus groups. Of course, the more data you need and the more sophisticated your methods are, the more expensive demand forecasting becomes. Qualitative data is more subjective.

eCommerce 84

eCommerce Operations Inventory Reduction Modeling Software 84

Logistics Viewpoints

JULY 18, 2022

Products, of course, can be picked up at the branches. Their associate engagement survey allows Ferguson to understand the driver’s impacting engagement across their 31,000 employees. The survey focuses on four engagement questions on advocacy, pride, satisfaction and commitment. 56% of employees surveyed were engaged.

Supply Chain Design Software 132

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 132

Ship Monk

APRIL 28, 2023

In addition to satisfying conscientious consumer demand, eco-friendly efforts can benefit your ecommerce business by reducing waste within your company and improving operational efficiencies. Translation: these ecommerce businesses have operating standards that minimize or reduce negative impact on the planet.

eCommerce 66

eCommerce Waste Reduction How To Material Savings 66

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. Has that changed?

Supply Chain Planning Software 139

Supply Chain Planning Software Supply Chains Scenario Planning Manufacturing Procurement 139

Logistics Bureau

OCTOBER 28, 2020

Paper-based processes should be eliminated, as business software applications are affordable and get things done much more efficiently. Single sourcing is a supply chain trend which can easily lead to mistakes for small and medium-sized businesses, especially if it’s chosen as a strategy without regard to the potential risks.

Supply Chain Planning Software 83

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 83

Bringg

MARCH 24, 2021

To meet the new demand, companies will have to adjust their operations for greater efficiency, flexibility, and cost reduction. That being said, it’s also as important to consider competitors’ strategies to respond to demand. . Real-time communication and data sharing would reduce errors across supply chain handoffs.

Optimal Sourcing 62

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

Freightos

JUNE 6, 2023

Listen to the full podcast interview here ) Source: Fort Of course, this stark reality was faced by many small and medium-sized businesses (SMBs) during the peak of the pandemic. Businesses quickly began to notice a different beast: a significant decrease in consumer demand compounded by looming inventory excesses. The key takeaway?

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Inventory Reduction eCommerce 98

Logistics Bureau

OCTOBER 28, 2020

Paper-based processes should be eliminated, as business software applications are affordable and get things done much more efficiently. Single sourcing is a supply chain trend which can easily lead to mistakes for small and medium-sized businesses, especially if it’s chosen as a strategy without regard to the potential risks.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 62

Ship Monk

JULY 27, 2022

For an eCommerce business owner, the answer is obvious: How the heck do I get a handle on my inventory management ?! We’re talking, of course, about demand forecasting, or the process of predicting customer demand for a product or service. How often does inventory need to be replenished? What is Demand Forecasting?

eCommerce 52

eCommerce Inventory Reduction Cost Reduction Price Reduction 52

Blue Grace Logistics

JULY 27, 2021

We explore how predictive analytics and big data with human sentiments can add value and amplify their supply chain strategies. 51% of the respondents in a global Reuters survey felt that the most perplexing challenge is the unpredictable nature of consumer demand. Demand forecasting is hard. Concept of Predictive Analytics.

Procurement Analytics 62

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Logistics Viewpoints

JANUARY 25, 2024

Some try delving into deep learning or a crash course in generative AI (GenAI), but I don’t recommend starting there. Instead start with the foundation of your AI strategy, which should be an understanding of your company’s supply chain and your data. Getting started with AI in supply chain might not start where you think.

Supply Chain Planning Software 139

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 139

Ship Monk

JANUARY 11, 2024

Of course, the opposite is also true — when handled poorly, returns can hurt your brand. Disruption costs: Returns that aren’t handled properly can quickly pile up, interfere with order processing, cause inventory discrepancies, and take up costly warehouse space. Let’s take apparel, for example.

Procurement Solutions 90

Procurement Solutions Inventory Reduction Supply Chain Planning Software Material Savings 90

Logistics Viewpoints

MARCH 21, 2021

According to one survey , only 27% of leaders believe that they have the talent needed to meet current supply chain performance requirements. A skills assessment survey was done to measure potential gaps against a pre-determined skills matrix. What should supply chain leaders be looking for to close the talent gap?

Supply Chain Planning Software 144

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 144

Logistics Business Magazine

DECEMBER 21, 2022

Direct-to-Consumer (DTC) is a type of business-to-consumer retail sales strategy where a business will market, sell and ship a product directly to the customer, writes Will Lovatt, General Manager and Vice President, Deposco Europe. The operation will typically be highly automated, focused on efficiency and moving inventory in bulk.

Modeling Software 72

Modeling Software Supply Chain Software Logistics Network Optimization Software Inventory Reduction 72

Logistics Viewpoints

OCTOBER 19, 2023

The issue wasn’t poor planning – they had the inventory. Multiple calls only muddied the waters, but a few things became clear: inventory was in the warehouse, but my order for it was stuck. Events and disruptions are par for the course in supply chain, so we need tactics to kick in for problem resolution.

Supply Chain Planning Software 135

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 135

Blue Grace Logistics

SEPTEMBER 12, 2017

“Results from the 2017 study show that roughly 75% of respondents are using the mix strategy (be all things to all people) as the predominant approach for their companies compared to the 51% who we reported utilizing a mix strategy in our 2016 results. Cost is, of course, another important aspect of running a successful business.

Cost Reduction 66

Cost Reduction Logistics Network Optimization Software Price Reduction Sourcing Strategies 66

Logistics Viewpoints

OCTOBER 7, 2022

For those unaware of the term, shrink is an accounting term used to describe when a store has fewer items in stock than in its recorded book inventory. The recently released National Retail Security Survey shows that total shrink in 2021 reported by retailers is now almost a $100 billion problem.

Logistics Network Optimization Software 111

Logistics Network Optimization Software Supply Chain Design Software Vendor Strategies Procurement Analytics 111

Turvo

JUNE 16, 2020

So it comes as no surprise that the biggest challenges for shippers, according to a 2019 survey, published by Inbound Logistics , revolve around lowering freight spend and e-commerce: “Nearly two-thirds of them—63%—cite cutting transportation costs as an important focus of their logistics efforts. But, consider this.

Logistics Network Optimization Software 64

Logistics Network Optimization Software Sourcing Strategies Cost Reduction Expense Reduction 64

Logistics Viewpoints

FEBRUARY 8, 2022

Manufacturers, retailers and their logistics partners often managed supply and demand volatility by shifting scarce inventory among stores or distribution centers, or investing in expedited freight charges, without considering the real implications of these strategies on their long-term profitability. While driving a projected $14.1

Optimal Sourcing 113

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 113

Logistics Business Magazine

OCTOBER 25, 2022

This can be clearly seen in the returns of online purchases by category in the UK in 2022, as shown by Statista Global Consumer Survey published in May of this year. For many retailers now, returns are a large and important element of their inventory. It helps to reduce travel times for returns as well as other tasks.

Cost Reduction 61

Cost Reduction Inventory Reduction Purchasing Skills Procurement Solutions 61

Logistics Business Magazine

APRIL 8, 2022

Indeed, a recent survey found that nearly half of beverage distributors consider the shrinking labour pool to be the biggest threat to the smooth running of their supply chains. Of course, like other sectors, the beverage industry is also dealing with the fall-out from the pandemic and the surge in e-commerce sales. Space constraints.

Supply Chain Software 59

Supply Chain Software Automation Material Savings Cost Reduction 59

Material Handling and Logistics

AUGUST 31, 2018

It’s true that the major issues in the supply chain—which were confirmed through MH&L ’s workforce survey process and published in an earlier article —are nuanced. With data surrounding the speed at which items move through your warehouse, you can develop a new omni-channel strategy.

Supply Chain Design Software 145

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 145

Logistics Bureau

SEPTEMBER 28, 2020

There are, of course, some other important differences between the two types of providers: 4PL is, in general, better suited for medium-to-large businesses , while 3PL is more suited to small-to-medium businesses. Even slight delays or inventory shortages can have a severe impact on a company’s bottom line. million USD in 2019.

4PL 116

4PL Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software 116

Logistics Business Magazine

AUGUST 2, 2022

They could of course do both – cutting back on eating out, for example, reducing hospitality trade demand, but investing more in entertaining at home and thus buying more groceries. Creating a flexible space strategy for a potentially difficult Autumn peak season is a great way to mitigate risk.

Cost Reduction 60

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 60

CH Robinson Logistics

APRIL 19, 2021

This effectively reduces active capacity in the network. A contributing factor is inventory build ahead of the summer food and beverage season that begins with Memorial Day. Finally, the retail industry inventory-to-sales ratio continues at very low levels. How the stimulus is an extraordinary event creating freight demand.

Trucking 65

Trucking Inventory Reduction Price Reduction Waste Reduction 65

Logistics Viewpoints

JUNE 15, 2023

Overnight, the system has already recognized the shipments due out, the carriers in play, available inventory, staff, orders in progress, traffic and weather patterns, etc. The best course of action is to learn more now. A transportation manager comes in to start the day. It is not meant to replace warehouse workers.

Supply Chain Software 126

Supply Chain Software Supply Chains Optimization Software Optimal Sourcing 126

Ship Monk

FEBRUARY 3, 2024

We’d go so far as to say that these loyal fans are your most precious business asset — more valuable, even, than your inventory — and that’s saying something, coming from a 3PL that stores inventory! Of course, what you say is just as important as how you say it. So, how do you nurture this relationship and make the most of it?

eCommerce 81

eCommerce Tips Procurement Solutions Logistics Network Optimization Software 81

3PL Links

JULY 7, 2023

In this regard, a global survey highlights that data quality rather than data processing presents the biggest challenge for businesses. Brief History of Supply Chain and Data Analysis Supply Chain Management (SCM) was initially prompted by the need to reduce expenses while providing customers with high-quality services.

Supply Chain Software 48

Supply Chain Software Supply Chains Data Logistics Network Optimization Software 48

GlobalTranz

JULY 8, 2015

And at the end, check out a nice infographic speaking more to reverse logistics strategies and practices. Throughout the course of business, there will be a series of recurring updates for equipment, software, and materials. In many cases, the rationale behind this response remains in-house RLS (Reverse Logistics Strategy).

Reverse logistics 110

Reverse logistics Material Savings Cost Reduction Logistics Network Optimization Software 110

Logistics Viewpoints

MAY 11, 2021

As semesters unfolded, students saw course syllabi come to life in news headlines. These Generation Z graduates are strengthening an existing trend – 50% of millennials surveyed in an APICS report cited a strong corporate environmental responsibility program as a key factor in choosing an employer.

Supply Chain Planning Software 157

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 157

Logistics Bureau

JANUARY 21, 2018

Therefore, you may experience build up in inventory levels, unbalanced inventory deployment and the consequential impacts on customer service and cost. Tell tale signs of a network problem will be increasing inventory, warehousing and transport costs, stock outs and rising customer complaints. Yes of course there are.

Supply Chain Design Software 48

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 48

GlobalTranz

DECEMBER 18, 2015

In the supply chain articles category it is clear the top ten are all about trends, facts, technology, and of course optimization. The Benefits of Evolved Vendor Managed Inventory Model Led by Web-Based VMI. I called Fastenal, who specializes in Vendor Managed Inventory (VMI) for fasteners, in to see what we can do together.

Article 71

Article Supply Chain Software Supply Chains Inventory Reduction 71

Freightos

JUNE 15, 2021

You’ve seen the Suez Canal memes, you know furniture is taking way longer than usual to get to your door, and you may have even heard about Pelotons shipped by air to reduce delivery times. And, of course, when anyone buys goods in a store, part of that cost is freight. Let’s talk freight. . More freight costs, higher consumer costs.

Supply Chains 157

Supply Chains Price Reduction Cost Reduction Logistics Network Optimization Software 157

Talking Logistics

FEBRUARY 28, 2018

This new customer-centric reality is prompting manufacturers and retailers of all sizes to revisit their strategies and capabilities to succeed in this highly- dynamic, highly-uncertain, and highly-competitive environment. Determining the Right E-Commerce and Omni-Channel Fulfillment Strategy.

Inventory Reduction 30

Inventory Reduction Vendor Strategies Cost Reduction Resource Reduction 30

Material Handling and Logistics

AUGUST 31, 2018

It’s true that the major issues in the supply chain—which were confirmed through MH&L ’s workforce survey process and published in an earlier article —are nuanced. With data surrounding the speed at which items move through your warehouse, you can develop a new omni-channel strategy.

Supply Chain Design Software 60

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 60

Material Handling and Logistics

OCTOBER 26, 2018

Every year, in our annual MH&L Salary Survey , we ask readers to identify the biggest challenge they face in their jobs, and every year they tell us the same thing: finding, developing and retaining talent. TOMPKINS: Sellers today find e-commerce inventory allocation and replenishment to be challenging.

Supply Chain Design Software 89

Supply Chain Design Software Supply Chain Software Inventory Reduction Supply Chain Planning Software 89