The Logistics Academy

JANUARY 30, 2017

Instead, producers, distributors, and retailers should use data-driven analysis to ensure inventory is available and correctly positioned for orders to be fulfilled properly and to eliminate out-of-stocks. Shippers should identify where they waste time during fulfillment, and implement products and processes to increase its speed.

Supply Chain Design Software 40

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

GlobalTranz

NOVEMBER 9, 2016

The definition of the IoT sums it up; it is “a network of dedicated physical objects that contain embedded technology to sense or interact with their internal state or external environment.”. Transportation management systems are evolving to include information before products were even shipped, such as manufacturing or warehousing data.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Software Supply Chains Logistics Network Optimization Software 98

Logistics Bureau

JANUARY 7, 2020

The definition above is not from any textbook, but is one that I am sure you will agree, describes a state of affairs that any corporate leader or business owner would be happy to attain. . Supply Chain Strategy. A properly designed supply chain strategy is an enabler for achieving commercial goals and consequently, corporate success.

Supply Chain Design Software 122

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 122

Logistics Bureau

JANUARY 9, 2019

The definition above is not from any textbook, but is simply one that I’m sure you’ll agree, describes a state of affairs that any corporate leader or business owner would be happy to arrive at. Supply Chain Strategy. It means that your supply chain strategy should support the overall strategy of your business.

Supply Chain Design Software 118

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

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Capacity : Having excessive unused warehouse space wastes money but being over design capacity probably means the warehouse isn’t operating as efficiently as it could. The definition of “on-time” can vary depending on the shipping method and if partial deliveries occur but should be based upon the agreed date.

Manufacturing Procurement 105

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

Ship Monk

JANUARY 27, 2023

While “going with it” is an acceptable strategy for some areas of the holidays; it’s not a strong plan for ecommerce brands during peak season. Our full ecommerce article on calculating reorder points has in-depth descriptions for gathering the data you need for these formulas. Hence the term “safety stock.”

eCommerce 52

eCommerce Inventory Reduction Purchasing Skills Material Savings 52

Conger

MAY 6, 2019

To eliminate waste without sacrificing productivity to improve customer value. When it comes down to applying lean strategies, it’s not so easy. When collecting data to solve a problem, we ask “why” over and over until we believe we have arrived at the root cause. Implementing lean management principles is challenging.

Waste Reduction 59

Waste Reduction Inventory Reduction Material Savings Sourcing Strategies 59

Conger

MARCH 28, 2024

Introduction to Fleet Management Fleet Management Definition Businesses across all sectors depend on commercial vehicles to transport people and products daily from cross-country delivery services to your neighborhood gas and oil provider. The software centralizes data, provides real-time information, and automates tasks.

Optimization Software 73

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 73

Locus

DECEMBER 15, 2022

If you’re getting continuous WISMO (Where Is My Order) calls in this manner, it is definitely bad news. High Costs & Wastefulness. Data insights + Machine Learning = Increased ability to predict SLA breaches. Last-mile visibility helps you generate comprehensive data insights on your current and past deliveries.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Purchasing Skills Procurement Analytics 52

GlobalTranz

NOVEMBER 10, 2015

Automated tracking and data capture of information, such as through stationary or wrist-mounted scanners and radio frequency identification ( RFID ) sensors, allows an organization to review and adjust warehouse processes. Alternatively, data migration from one system to the new system may be an option. Scalability.

Supply Chain Planning Software 90

Supply Chain Planning Software Optimization Software Inventory Reduction Cost Reduction 90

SYSPRO Smarter ERP

JANUARY 23, 2023

Reporting requires businesses to collect and track data on their ESG performance and report this information in a transparent and consistent manner. This involves implementing processes and systems for collecting and reporting on data, and some businesses may need to ensure that the information is verified by a third party.

ERP 111

ERP Waste Reduction Optimal Sourcing Supply Chain Planning Software 111

GlobalTranz

MAY 20, 2015

The US quality guru Joseph Moses Juran (born 1904 in Romania ) divides the supplier quality assurance process into nine steps: definition of the product’s quality requirements, evaluation of alternative suppliers. The definition of this metric is similar to the way it sounds. 2: Audit Strategy. Cost of quality.

Procurement Analytics 99

Procurement Analytics Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 99

Conger

MAY 6, 2019

To eliminate waste without sacrificing productivity to improve customer value. When it comes down to applying lean strategies, it’s not so easy. When collecting data to solve a problem, we ask “why” over and over until we believe we have arrived at the root cause. Implementing lean management principles is challenging.

Waste Reduction 40

Waste Reduction Inventory Reduction Material Savings Sourcing Strategies 40

Freightos

JANUARY 8, 2019

Open data standards. There’s a lot of talk about AI, blockchain, and the internet of things; those are very important, but the thing missing most in this industry, is open data standards. Big data and AI. It’s incredible to see how accessible and affordable data has become in such a short time. Two-sided commitment.

Freight 60

Freight Negotiating Skills Digital Tracking and Tracing 60

Logistics Business Magazine

APRIL 23, 2021

While definitive numbers on the impacts of these closures on sales, employment, profit, and long-term financial viability are not yet available we do know that the damages of the 2020 shutdown run deep. Customer purchasing demands: pre-pandemic, companies relied on traditional product forecasts based on historical purchasing data.

Supply Chain Software 65

Supply Chain Software Manufacturing Procurement Automation Supply Chain Design Software 65

Logistics Viewpoints

SEPTEMBER 13, 2023

As a result, supply chains continue to be wasteful when looking at time, inefficiencies, and emissions. C-Suite Themes For the C-Suite, there are three main themes where supply chains make a definitive impact: increased customer retention, revenue growth, and lower costs.

Supply Chain Planning Software 151

Supply Chain Planning Software Waste Reduction Optimal Sourcing Supply Chain Software 151

Conger

JULY 30, 2021

In this article, you’ll learn: The definition of omnichannel distribution. Top challenges and the steps for adopting an omnichannel distribution strategy. 4 Steps for Adapting to an Omnichannel Distribution Strategy. To reiterate, an omnichannel strategy will integrate each of these channels. Let’s get started!

Inventory Reduction 52

Inventory Reduction Distribution Vendor Strategies Waste Reduction 52

Ship Monk

MAY 23, 2023

At the end of the day, every ecommerce brand owner has to be careful when deciding how to spread out inventory because while you’d like to have your products as close to customers as possible, you also don’t want to waste space or dollars where you don’t need to.

Inventory Reduction 52

Inventory Reduction eCommerce Supply Chain Planning Software Cost Reduction 52

Locus

MARCH 4, 2024

By integrating TMS into their operations, retailers can not only improve efficiency but also drive innovation and make data-informed decisions that enhance their overall supply chain strategy. Slot Based Delivery: Legacy TMS can’t provide time-definite delivery options that gel well with the existing capacity and their routes.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Cost Reduction Expense Reduction 52

Bringg

APRIL 18, 2021

Yet when the right technology and supply chain strategies are implemented, these solutions can actually reduce cost to deliver and boost brand image at the same time. This definition includes the carbon footprint of the supply chain, dealing with waste disposal, packaging, recycling, reducing energy consumption, etc.

Green logistics 62

Green logistics Cost Reduction Waste Reduction Tips 62

CH Robinson Logistics

MAY 18, 2021

Today, retailers and supply chain professionals need to have a plan in place to minimize waste and cut down on inefficiencies in reverse logistics. Customer returns also fit this definition and make up a large percentage of reverse logistics concerns that retailers and logistics organizations handle. What is reverse logistics?

Reverse logistics 64

Reverse logistics Supply Chain Planning Software Material Savings Inventory Reduction 64

FueLoyal

FEBRUARY 3, 2021

If you still haven’t gotten the whole idea of it, there is a simple definition to it, as follows. Connected vehicles are able to access, send, and receive data, communicating real-time locations and events to every device around them, and upcoming. You won’t have to worry about any information or data leak to an outside source.

Modeling Software 71

Modeling Software Manufacturing Procurement Waste Reduction Sourcing Strategies 71

Automotive Logistics

FEBRUARY 8, 2019

What does Orbis see as the main problem in providing accurate data on where a container is, whether empty or full, and what is it doing to solve some of these problems for its automotive customers? What can be done from an environmental and economic point of view to mitigate the impact of disposable packaging as a necessary but costly waste?

Supply Chain Design Software 28

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Modeling Software 28

Turvo

JANUARY 12, 2021

Take a moment to think about the definition of digital transformation in logistics. Part of that transformation means execution with real-time data and communicating any changes or needs in real-time. More excitingly, supply chains are only just beginning to implement the potential of real-time data.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Webinar Supply Chains 52

GlobalTranz

AUGUST 9, 2016

“ The most dangerous kind of waste is the waste we do not recognize ”: Shigeo Shingo. Lean thinking focuses on the elimination of all waste (where waste is defined as any non-value added process) and bringing value to the customer , beyond the customer’s expectations. Try to recognize all of your wastes.

Waste Reduction 53

Waste Reduction Cost Reduction Inventory Reduction Price Reduction 53

Ship Monk

JUNE 30, 2023

Let’s start with some definitions. The executive team’s challenge is to weigh the costs and benefits of each strategy, and decide which ones represent the greatest opportunities. Metrics, Goals, Objectives, and KPIs What’s the difference between a metric, a goal, an objective, and a KPI?

eCommerce 52

eCommerce Inventory Reduction Manufacturing Procurement Procurement Analytics 52

GlobalTranz

APRIL 14, 2016

The IoT,” it explains, “comprises an ecosystem that includes things, communication, applications and data analysis.” McKinsey Global Institute simplifies this a little to say the IoT comprises “sensors and actuators connected by networks to computing systems”. Data Storage and Analysis. Data Storage and Analysis.

Supply Chain Design Software 57

Supply Chain Design Software Supply Chain Software Optimization Software Supply Chain Design 57

Automotive Logistics

JANUARY 29, 2018

The use of such systems is governed by differences in strategies and legacy IT systems at manufacturers, some of which may drive whether companies turn to external providers’ systems or oversee a system internally. That said, it does not affect the systems as such – it is more as a result of a business rule definitions setting,” she adds.

Outbound 28

Outbound Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement 28

Material Handling and Logistics

OCTOBER 26, 2018

In recent years, firms both large and small have launched new “Data Science” or similarly named groups. As the phenomenon of Big Data has taken hold in the private sector, many firms which as recently as 10 years ago devoted minimal resources to large scale database mining and analytics have reversed course.

Supply Chain Design Software 89

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