WorkWave

DECEMBER 8, 2023

Both inbound and outbound logistics involve the transportation of products across various distribution channels, however inbound logistics deals with supply and outbound logistics fulfill demands. Inventory Accuracy and Turnover Accurate inventory management is essential for efficient inbound logistics.

Inbound 52

Inbound Optimal Sourcing Logistics Network Optimization Software Inventory Reduction 52

RPA Labs

OCTOBER 28, 2021

Improving the management and accuracy of orders, shipments, and inventory can impact the entire supply chain and therefore must be a top priority. Challenges of Managing the Growing Complexity and Scale of Shipments and Inventory. High error rate due to outdated information and decisions based on inaccurate data.

Supply Chain Software 52

Supply Chain Software Logistics Network Optimization Software Inventory Reduction Optimization Software 52

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? But consider, too, how you can turn those needs to your advantage in inventory management.

Inventory Reduction 87

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 87

Logistics Bureau

MAY 24, 2021

Among the universal challenges that the COVID-19 pandemic has imposed upon the supply chain management profession is the question of inventory, specifically, “how much is enough?”. It wasn’t long ago that businesses were asking, “By how much can I reduce my levels of inventory?”. Turnover Days and How to Calculate Them.

Inventory Reduction 118

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 118

FourKites

DECEMBER 11, 2020

What is inventory carrying cost? Inventory carrying cost, or more simply referred to as “carrying cost,” is the sum of all the costs associated with holding inventory or stock in storage or warehouse. Inventory carrying costs are something that anyone who sells a physical product has to deal with. Inventory Service Cost.

Inventory Reduction 52

Inventory Reduction Cost Reduction Expense Reduction Resource Reduction 52

Ship Monk

NOVEMBER 21, 2022

This article will explain what reorder points are and show you how to calculate them. Ideally, calculating the reorder point for each SKU will ensure that you always have enough inventory on hand to meet demand, while minimizing inventory costs. So, how do you determine what the unit count for the reorder point should be?

How To 52

How To Inventory Reduction Supply Chain Software eCommerce 52

EazyStock

MAY 24, 2022

Often, businesses focus on inventory management from a supply chain perspective – holding enough stock to meet customer demand and hitting fulfillment targets. This post, however, will focus on the financial aspect of inventory: inventory value – taking an accountant’s view of how to manage stock effectively.

Inventory Reduction 52

Inventory Reduction Inventory Material Savings Purchasing Skills 52

EazyStock

OCTOBER 20, 2020

Inventory Control Techniques that use Stock Optimization Best Practices. There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. Firstly, let’s get a few definitions: What is inventory control? 6 Inventory Control Techniques to Optimize Stock Levels.

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

3PL Links

DECEMBER 3, 2023

Predictive Analysis in Logistics and Supply Chain: How to Apply | Image source: Pexels In logistics, predictive analysis is simply the process of identifying and forecasting patterns, trends, and behaviors in both human and machine learning approaches, data, and algorithms. This ratio increased to 54% in 2022.

Supply Chain Planning Software 48

Supply Chain Planning Software Optimal Sourcing Analysis Supply Chain Software 48

SYSPRO Smarter ERP

NOVEMBER 1, 2021

By establishing a B2B e-commerce system, manufacturing companies provide greater flexibility, better inventory management, and decrease the likelihood of human error. Having accurate and real-time visibility into inventory levels will provide additional advantage. Leveraging on predictive analytics and data for decision making.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Inventory Reduction 111

Logistics Viewpoints

DECEMBER 5, 2023

It is important to have a robust incident response plan in place for your distribution operation in the event of a cybersecurity breach. This plan should outline specific steps to be taken in the event of a breach, including who to contact and how to contain and mitigate the damage. It should also include regular testing and updating.

Supply Chain Planning Software 143

Supply Chain Planning Software Supply Chain Design Software Scenario Planning Vendor Strategies 143

3PL Links

FEBRUARY 14, 2024

Image source: Flickr | Logistics Planning 2024: How To Carry out Logistical Planning for This Year Have you ever given the recent evolution of logistics any thought? These modifications have brought attention to how urgent it is to take a more proactive and creative approach to guaranteeing market relevance and competitiveness.

Supply Chain Planning Software 48

Supply Chain Planning Software Scenario Planning Optimal Sourcing Sourcing Strategies 48

Logistics Viewpoints

JUNE 9, 2022

Transparent data prepared especially for your logistics operation will get you easily through your peaks. This warehouse runs at a perfect optimum with fixed capital in the form of inventory balanced perfectly with sales and purchasing, and all the items perfectly distributed to the various storage areas of the warehouse.

Optimization Software 134

Optimization Software Logistics Network Optimization Software Supply Chain Planning Software Modeling Software 134

CLX Logistics

APRIL 22, 2024

How to Elevate Your Logistics Operations with AI & ML Technology Global supply chain organizations are embracing digitization to propel their supply chain planning to new heights. It involves analyzing historical data, information such as market trends and other relevant factors, and the knowledge to anticipate future demand accurately.

Supply Chain Planning Software 98

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

Logistics Bureau

NOVEMBER 16, 2020

The main lack of talent is in middle management, especially in big data analytics and supply chain planning, where the shortage is around 54%. Certified in Production and Inventory Management (CPIM) : The course covers ground such as knowledge of production and inventory management, internal operations, and customer relations.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

Logistics Viewpoints

APRIL 22, 2024

Georgia-Pacific and its subsidiaries manufacture and distribute a wide range of consumer products, including bath tissue, paper towels, napkins, tableware, paper-based packaging, cellulose, specialty fibers, and building products. It learned how to solve problems from the people who solve those problems every hour of every day.

Optimal Sourcing 135

Optimal Sourcing Supply Chain Planning Software Modeling Software Optimization Software 135

EazyStock

NOVEMBER 19, 2021

If you carry too much inventory, you risk tying-up much needed working capital. Safety stock is defined as inventory that is carried to prevent stock-outs caused by fluctuating customer demand, forecast inaccuracies or variability in supplier lead times. Determining appropriate levels of stock across a business can be very challenging.

How To 52

How To Inventory Reduction Inventory Optimization Modeling 52

FreightWaves SONAR

MARCH 18, 2021

Seeing that trend indicates increased manufacturing or distribution activity, typical for the flurry of activity that accompanies spring. So, it’s equally valuable to know the constraints and to apply data to overcome them with mini-bids. Request a SONAR SCI Lane Acuity demo to get started or click the button below.

Manufacturing Procurement 91

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 91

MTS Logistics

NOVEMBER 20, 2023

The Internet of Things (IoT) is a new, real-time digitalized system that enables sensing, data collection, and sharing. Inventory Management Collect informative data on usage to make informed decisions based on supply and demand. Fortunately, data from new sensors can aid in monitoring container security. In the U.S.,

Supply Chain Software 90

Supply Chain Software Refrigeration Temperature Logistics Network Optimization Software 90

Logistics Viewpoints

JUNE 26, 2023

But how to do this was very ambiguous. The final goal was to develop end-to-end visibility based on leveraging data analytics. The 4PLs are not engaged in planning for intercompany shipments between distribution centers. Initially, Mr. Beery found the technology intriguing, but he was not sure how to leverage their solution.

Supply Chain Planning Software 124

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 124

3PL Insights

FEBRUARY 17, 2020

Supply chains are subjected to numerous risks including incorrect orders, delayed shipments, inventory loss, and more. Supply chains are part of a complex global system where data and information are shared through cyberspace. Therefore, it is critical that logistics companies invest in ways to safeguard sensitive data and information.

Supply Chain Planning Software 90

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 90

Logistics at MPEPS at UPV

MARCH 31, 2019

How to achieve a competitive advantage through Distribution Networks. After the lesson on distribution networks, I researched to complete the training a bit more and I found how to obtain efficiency on the distribution. Previous steps in the design of distribution networks.

Distribution 40

Distribution Inventory Reduction Cost Reduction Networks 40

Logistics at MPEPS at UPV

MARCH 30, 2020

Today I want to present to you the topic of digital twin for warehouse and distribution centers. The goal is to get an insight, how it could be implemented and in which way that technology operates. Logivations uses a combination of a 3D model and feeds it with current live data.

Digital 52

Digital Distribution Optimization Software Modeling Software 52

The Logistics of Logistics

JUNE 23, 2022

Topic: Prepping for Peak: How to Level-up your CX Strategy this holiday season. Longer lead times, complex handoffs between logistics providers, data flow between disparate systems…requires a new way of thinking for efficient inventory moves from origin to the final customer efficiently. Description: .

Webinar 195

Webinar Supply Chain Software Supply Chains Sourcing Strategies 195

Ship Monk

FEBRUARY 24, 2024

In the previous example, you have the physical weight that extra travel inventory creates in your luggage that you have to lug around. When you order inventory, you want to ensure you have enough stock to meet demand, especially around sales and peak season. But with almost every case of overpreparing there is a price to pay.

eCommerce 88

eCommerce Inventory Reduction Tips Waste Reduction 88

Logistics Viewpoints

JUNE 8, 2021

Other retailers and e-commerce merchants may lack the retail or distribution center footprint to rollout same-day delivery nationwide. Even those with the necessary national footprint may be unsure about how to sequence a phased national rollout. How can we strategically house inventory to better support gig integration?

Supply Chain Planning Software 167

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Negotiating Skills 167

Ship Monk

MARCH 21, 2024

Customer relationship management systems collect and centralize all the important data about a business’ customers (and potential customers). This data usually includes the customer’s contact information, address, purchase history, social media engagement, email click-throughs, and dozens of other data points as they become available.

Optimization Software 94

Optimization Software eCommerce Logistics Network Optimization Software Procurement Solutions 94

CLX Logistics

MARCH 4, 2024

How to Elevate Your Logistics Operations with AI & ML Technology Global supply chain organizations are embracing digitization to propel their supply chain planning to new heights. It involves analyzing historical data, information such as market trends and other relevant factors, and the knowledge to anticipate future demand accurately.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 52

3PL Links

OCTOBER 24, 2023

Learn how to monitor your supply chain more efficiently This is a question you may have asked yourself. How can supply chain performance be improved? The solution is frequently not obvious, therefore in this post, we’ll try to make it clear how you may evaluate and boost the efficiency of your company’s supply chain.

Supply Chain Software 48

Supply Chain Software Supply Chains Optimization Software Optimal Sourcing 48

Ship Monk

MAY 24, 2022

How do you move your inventory from one distribution center to another without losing any of it, upsetting your customers, or losing revenue? From the number of SKUs to storage requirements, sales peaks and seasonality, custom packaging and how to handle returns, they’ll want to know everything. Now, you ask, what’s next?

eCommerce 52

eCommerce 3PL Supply Chain Design Software Inventory Reduction 52

Logistics Viewpoints

APRIL 3, 2023

Aera is using data crawlers to crawl across billions of rows of transactional data on a monthly basis. This is combined with data from external sources on weather, logistics lead times, and sustainability performance. Aera Technology is showing me how mistaken I was. These crawlers never stop working.

Supply Chain Planning Software 151

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 151

3PL Insights

SEPTEMBER 20, 2021

Outsourcing the order processing to a 3PL like Evans Distribution Systems, streamlines the order management process, yet requires integration between your e-commerce platform and the 3PL’s warehouse management system. There are two key benefits to integrations: Real-time inventory management and efficient order processing.

Order processing 89

Order processing Data Ordering Inventory 89

Logistics Viewpoints

JUNE 7, 2021

When companies implement a demand management or replenishment system, the goal is usually to improve customer satisfaction while holding less inventory. The implementation also involves leveraging weather data to improve forecasting. The forecasting projects were focused on secondary distribution. Forecasting is harder there.

Optimal Sourcing 100

Optimal Sourcing Transportation Inventory Reduction Supply Chain Planning Software 100

GlobalTranz

FEBRUARY 4, 2019

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. As omnichannel shopping becomes the standard for consumers, the use of freight data will excel.

Supply Chain Planning Software 48

Supply Chain Planning Software Logistics Network Optimization Software Inventory Reduction Trends 48

FW Logsitcs

MAY 13, 2024

Let’s delve deeper into these two crucial aspects and discuss how to optimize both for maximum growth. By leveraging data and technology, businesses can transform e-Commerce shipping from a potential bottleneck into a competitive advantage. The other challenge they face is maintaining accuracy throughout the fulfillment process.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Software Inventory Reduction Cost Reduction 52

Ship Monk

FEBRUARY 20, 2024

Fulfilled by Merchant (FBM), or Merchant Fulfilled Network (MFN) as Amazon is now calling it, is Amazon’s program for third-party sellers who want to retain control of their inventory and their customer’s post-purchase experience. How Does FBM/MFN Work? How Does FBA Work? That’s what we’re going to help you figure out!

eCommerce 83

eCommerce Purchasing Skills Negotiating Skills Inventory Reduction 83

Logistics Viewpoints

MARCH 8, 2021

The solution can answer questions like where should new production or distribution capacity be located to optimally accommodate anticipated growth in demand? How will total landed costs be impacted by adding a new supplier? At this point, they do not include distribution reduction costs. What factory should make a new product?

Supply Chain Design Software 153

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Supply Chain Software 153