Ship Monk

JANUARY 16, 2024

Are you experiencing frequent inventory discrepancies , or wishing you had a better handle on forecasting demand? If you answered yes to any of these questions, it may be time to upgrade to a perpetual inventory management system. What is a Perpetual Inventory System? Let’s start with a few definitions.

Inventory Reduction 74

Inventory Reduction Inventory Supply Chain Software Logistics Network Optimization Software 74

GlobalTranz

JUNE 22, 2020

Unlocking cost reductions in logistics implies a direct need to improve warehouse and facility inbound logistics and outbound order fulfillment. Unfortunately, inventory control remains at the fringe of proactive logistics management. However, the integration of last mile logistics, also known as.read More.

Inventory Reduction 98

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The Logistics of Logistics

SEPTEMBER 25, 2023

Verusen utilizes advanced data science and artificial intelligence to harmonize disparate material data across multiple enterprise systems to provide complex supply chains with material truth for supply and inventory planning and procurement intelligence. The Greenscreens.ai

Optimal Sourcing 394

Optimal Sourcing Material Savings Sourcing Strategies Inventory Reduction 394

Logistics Viewpoints

NOVEMBER 16, 2023

This article is from Descartes Systems Group and looks at how companies can reduce lead times with real-time data. There are many strategic initiatives that can be undertaken to reduce lead time, from contract negotiations, supplier rationalization, vendor managed inventory options, strategic network design and numerous others.

Inventory Reduction 144

Inventory Reduction Material Savings Vendor Strategies Expense Reduction 144

Blue Grace Logistics

NOVEMBER 3, 2023

Glenn Taylor | Sourcing Journal November 02, 2023 In an improving sign for the retail supply chain, the majority of shippers surveyed by third-party logistics (3PL) provider BlueGrace Logistics—64.4 Although more shippers anticipate revenue fluctuations negatively affecting inventory in Q4 (16.4 This is a slight jump from 61.7

Inventory Reduction 97

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Blue Grace Logistics

JULY 17, 2023

Wholesale Weakness Slowing US Inventory Destocking Show Submenu Resources The Logistics Blog® News Press Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - July 17, 2023 The effort to cut inventories is being slowed as consumers reduce goods purchases, forcing companies to continually rebalance inventory.

Inventory Reduction 91

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Logistics Viewpoints

JANUARY 11, 2024

Let’s just come right out and say it – without the ability to capture, aggregate, and understand your supply chain data, you have gray area within your organization. The data locked in black boxes across your operating network causes you, and your network, to operate ineffectually. Your “story” is in your data.

Supply Chain Planning Software 137

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Logistics Viewpoints

FEBRUARY 3, 2022

Supply shortages resulting in empty shelves or parking lots of WIP inventory represent a spectre causing supply chain leaders to reconsider supply chain inventory practices. Opinion of just-in-time (JIT) as a practice has taken a battering and inventory is rising. Is supply chain inventory the problem?

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Logistics Bureau

AUGUST 7, 2023

Effective inventory management has become increasingly crucial for businesses in this fast-paced and rapidly evolving era of ecommerce. Moreover, the ecommerce explosion has brought new and unique challenges that complicate inventory management for enterprises selling online.

Inventory Reduction 89

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Logistics Viewpoints

AUGUST 9, 2022

For months, retailers have been stockpiling massive amounts of goods to meet surging consumer demand, and compensate for ongoing supply and logistics issues. Inventory management is challenging enough in normal times. So, what is it going to take to enable better inventory management? Complete visibility into inventory.

Inventory Reduction 134

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Inventory 134

3PL Links

MARCH 11, 2024

Top 6 Most Important Inventory Optimization Strategies | Image source: Shipdepot Decreased output, unanticipated expenses, and delivery delays are just a few of the issues that can occur from a lack of inventory management. Discover six strategies for inventory optimization if your firm has been dealing with similar issues.

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Logistics Viewpoints

DECEMBER 14, 2022

This article is from Zheyuan Du at Kinaxis and discusses unconventional solutions to excess inventory challenges. According to recent statistical data, vacancy rates for industrial real estate across North America have been declining since 2020 and reached an all-time low in the third quarter of 2022.

Inventory Reduction 117

Inventory Reduction Inventory Supply Chain Planning Software Scenario Planning 117

SYSPRO Smarter ERP

JULY 3, 2023

What is Machine Learning ML is the computing engine behind AI and gives computers the ability to make sense of, and learn, from data to perform specific tasks without manual interference. Nine areas where AI can help manufacturers There are several ways in which data and AI can be applied in the manufacturing industry. The Industry 4.0

Manufacturing Procurement 98

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Blue Grace Logistics

OCTOBER 9, 2023

Cassidy | JOC.com September 25, 2023 US shippers uncertain about sales and order volumes this holiday season are likely to increase less-than-truckload (LTL) shipments despite lower truckload rates, data from an industry survey suggests. Everyone is sitting on a tremendous amount of inventory,” Lockard said. 31 earnings call.

Inventory Reduction 62

Inventory Reduction Price Reduction Resource Reduction Cost Reduction 62

Stord

APRIL 24, 2024

Love it or fear it, Artificial Intelligence appears to be the new normal in everything, including supply chain and logistics operations. From improved customer experience to greater inventory planning and forecasting, AI promises to make all of our lives easier and reduce those all-too-common supply chain headaches.

Supply Chain Planning Software 88

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimization Software 88

SYSPRO Smarter ERP

AUGUST 17, 2022

Manufacturers and distributors can optimize their inventory management using some of the latest emerging technologies, including machine learning, data analytics, artificial intelligence, and cloud computing. Using proven inventory management processes, supply chain design, and planning helps optimize your stock.

Optimal Sourcing 105

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The Logistics of Logistics

JUNE 14, 2023

Seth Clevenger and Joe Lynch discuss the top 100 logistics companies. Key Takeaways: The Top 100 Logistics Companies Seth Clevenger is Managing Editor of features at Transport Topics. In the podcast interview, Seth and Joe discuss the top 100 logistics companies. Seth is Managing Editor of features at Transport Topics.

Supply Chain Planning Software 319

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Logistics Viewpoints

APRIL 5, 2023

Design and engineering, production operations, maintenance, logistics, supply chain, business systems, customers, products, and organizational structure are subject to innovative change as companies examine and update processes and deploy new tools and technologies.” The report takes a holistic approach to what a digital transformation means.

Digital 147

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Logistics Management

OCTOBER 5, 2020

RTLS technology combined with the continued evolution of WMS user interfaces promises to take inventory management to a new level by allowing improved visibility and control. Here’s how RTLS may end up helping inventory management, alongside proven methods like vigorous bar code data collection and validation of moves within WMS.

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Inventory Data 145

Logistics at MPEPS at UPV

MAY 10, 2023

Today we have a large amount of information and data. However, to get benefits from this data, the amount is not so important as the way in which it is managed. For this reason, we will talk about the importance of Big Data which, within logistics, has gained relevance to strategically optimize and make better decisions.

Data 52

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The Logistics of Logistics

JANUARY 29, 2024

Magazine Logistics Power Partner, crowned “Order Fulfillment Solution of the Year” in the SupplyTech Breakthrough Awards, included in the Freightwaves FreightTech 100, and recognized as an Inbound Logistics Green Technology Partner. The company was named an Inc.

Network Optimization Software 323

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Blue Grace Logistics

JUNE 27, 2023

based non-asset-based 3PL BlueGrace Logistics, pointed to variation across some key metrics, including revenue, inventory levels, and order levels, with a forward-looking slant. BlueGrace described this report as an important tool in measuring expected expansion or contraction within the logistics space.

Inventory 62

Inventory Ordering Logistics Network Optimization Software Industry 62

FW Logsitcs

OCTOBER 10, 2023

In today’s fast-paced business world, effective and efficient inventory management is critical to any successful third-party logistics warehouse operation. Efficient inventory management in a 3PL warehouse ensures a steady flow of goods, improves overall operational efficiency, and reduces costs.

Optimization Software 52

Optimization Software Inventory Reduction Supply Chain Planning Software Inventory 52

Logistics Viewpoints

JUNE 1, 2021

Why should we consider Promotion Planning in Inventory Management? Whether it be e-commerce, brick-and-mortar, or both, retail companies care about the inventory they keep. During promotional management, especially for big events around special days and holidays, inventory levels need to be adjusted to meet the peaks in demand.

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Supply Chain Planning Software Inventory Reduction Optimal Sourcing Inventory 111

Logistics Business Magazine

FEBRUARY 11, 2024

By Pascal Chandler (pictured), business consultant at cloud-based accountancy software bluQube The pandemic, Brexit, ongoing geopolitical conflicts, and rising inflation have placed unprecedented pressure on the global logistics industry. It enables them to better adapt to unexpected shifts in market conditions.

Supply Chain Planning Software 59

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Ship Monk

MAY 25, 2023

What do we mean by distributed inventory? Well, if you’re familiar with Amazon’s practice of adding warehouses all over the country, then you’re familiar with the concept of distributed inventory. Splitting inventory across multiple warehouses used to be something that only huge retailers like Amazon could afford.

Inventory Reduction 52

Inventory Reduction Inventory eCommerce Distribution 52

Logistics Bureau

OCTOBER 10, 2022

Too much inventory in your distribution network? Inventory costs too high? These are all pervasive issues for supply chain operators worldwide—and are classic symptoms of suboptimal inventory performance. But what exactly does inventory optimisation mean, and what obstacles must first be broken down to achieve it?

Inventory Reduction 114

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Ship Monk

MARCH 23, 2023

If you want to strike fear into the heart of an ecommerce business owner, say the words, “inventory discrepancy.” Unfortunately, inventory discrepancies are a common occurrence in many ecommerce businesses and fulfillment warehouses. What is an Inventory Discrepancy? So, what’s the big deal? But which is it?

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Inventory Reduction Inventory Optimization Software How To 73

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 Viewpoints

JANUARY 24, 2022

Google and Twitter mainly monetize the data through targeted advertising. The value of the data captured by Google and Twitter has made them the darlings of Wall Street. But it turns out big logistics firms also generate Big Data, and they are also working to monetize this data. A case in point is FedEx.

Data 140

Data Logistics Network Optimization Software Packaging Sorting 140

Ship Monk

JULY 21, 2022

Perpetual inventory. Well, a perpetual inventory system does constantly monitor the flow of products in and out of your warehouse, but there’s a bit more to managing the inventory than that. What is a Perpetual Inventory System? Perpetual Inventory vs. Periodic Inventory. That sounds promising, doesn’t it?

Inventory 52

Inventory Logistics Network Optimization Software eCommerce 3PL 52

Logistics Business Magazine

NOVEMBER 23, 2023

Real-time data, including inventory, enables structural visibility in logistics, which leads to better resource allocation, reduced downtime and improved customer service. Dexory’s robot (pictured) automated inventory management, providing instant, continuous data. It truly is ‘big data’ in action.

Data 51

Data Optimal Sourcing Inventory Reduction Modeling Software 51

3PL Insights

AUGUST 16, 2021

Big data is only useful if you understand the metrics and can connect them to the important areas of your business. But how do we turn inventory management data and other key metrics into business intelligence? Account Activity Data. Account Activity Data. The account activity looks at inventory patterns.

Data 98

Data Supply Chains Inventory Reduction Inventory 98

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?”. Let’s Start with Safety Stock.

Inventory Reduction 118

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 118

Logistics Viewpoints

NOVEMBER 11, 2021

Kind of like managing inventory in your warehouse. Poorly managed inventory will cause stress in the operation between departments. Here are some things you might be seeing with poorly managed inventory: Failures in on-time shipping driven by delays in finding inventory in time to make shipping commitments.

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Inventory Reduction Inventory Cost Reduction Material Savings 123

Logistics Business Magazine

MAY 25, 2023

International supply chain solutions provider TouchPath has released ‘TouchCount’, a new breed of inventory cycle counting technology that live-counts production, warehouse and logistics inventory with no costly and time-consuming production stoppages or disruption to warehouse product flows.

Inventory 52

Inventory Supply Chain Software Logistics Network Optimization Software ERP 52

Logistics Viewpoints

JANUARY 26, 2024

The device prevents vehicles from surpassing a certain speed, by harnessing GPS and on-board camera data to determine limits on a specific roadway. And now on to this week’s logistics news. and Israeli startups focused on logistics, the supply chain and customer fulfillment.

Logistics Network Optimization Software 139

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