Ship Monk

JUNE 30, 2023

We’re going to show you how to identify KPIs for your business by breaking the process down into three parts. Let’s start with some definitions. Start with the goal you’re trying to reach and work backwards to determine the actions you need to take, and how to measure their success.

eCommerce 52

eCommerce Inventory Reduction Manufacturing Procurement Procurement Analytics 52

MTS Logistics

FEBRUARY 26, 2024

Let’s start with some definitions of what a freight forwarder is. Expertise of Freight Forwarders Freight forwarders are well-versed in the knowledge of how to handle the customs regulations and documentation for your international shipments. It will be efficient.

Freight forwarding 89

Freight forwarding Negotiating Skills Freight Negotiate Pricing 89

Ship Monk

FEBRUARY 16, 2023

By distributing your SKUs across a network of fulfillment centers, AND utilizing advanced fulfillment software to keep track of it, you’ll reduce the distance items have to travel to reach customers. ShipMonk takes things a step (or ten) further by utilizing our Virtual Carrier Network.

Cost Reduction 52

Cost Reduction Negotiating Skills Inventory Reduction Purchasing Skills 52

Talking Logistics

DECEMBER 19, 2018

If you do an online search for “digital transformation definition,” you get about 133 million results, including the following examples: Digital transformation is the application of digital technologies to fundamentally impact all aspects of business and society (Source: InfoWorld ). Source: CIO ).

Digital 61

Digital Optimization Software Optimal Sourcing Logistics Network Optimization Software 61

CH Robinson Logistics

MAY 18, 2021

Customer returns also fit this definition and make up a large percentage of reverse logistics concerns that retailers and logistics organizations handle. Each of these helps shippers and retailers better understand their reverse logistics supply chain, save money, and increase efficiency. How to implement a reverse logistics program.

Reverse logistics 64

Reverse logistics Supply Chain Planning Software Material Savings Inventory Reduction 64

Locus

JUNE 2, 2023

The main objectives of inbound logistics are to ensure timely and efficient delivery of materials to support production processes, optimize inventory levels, minimize costs associated with transportation and storage, and maintain good relationships with suppliers. Here are some key reasons that illustrate their importance: 1.

Optimal Sourcing 52

Optimal Sourcing Outbound Optimization Software Inbound 52

FreightWaves SONAR

MARCH 2, 2021

Without clear budgeting and cost-prediction measures, the transportation network will be unable to accurately plan for increases and decreases in expenses. Rather, it focuses on establishing standards for all costs that come with all loads and how those costs move over time. Download the White Paper.

Analysis 98

Analysis Price Reduction Cost Reduction Supply Chain Planning Software 98

Ship Monk

JUNE 9, 2023

Let’s start with a few definitions. Traditionally, distribution centers are networks of warehouses set up by shipping companies, wholesalers, huge consumer brands, and retailers. The primary purpose of a distribution network is to reduce order lead times and shipping costs for these businesses. So, what’s the difference?

Distribution 52

Distribution Logistics Network Optimization Software Supply Chain Design Software Modeling Software 52

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. By eliminating manual processes, businesses can achieve greater operational efficiency.

Optimization Software 72

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 72

Ship Monk

JANUARY 11, 2024

How to Prevent Damage to Your Brand The first and best way to keep returns from damaging your brand is to prevent as many as you can. Once you’ve done all you can to prevent them, the remaining returns should be handled quickly and efficiently before they turn into bigger problems. It’s the dictionary definition of a PITA.

Procurement Solutions 90

Procurement Solutions Inventory Reduction Supply Chain Planning Software Material Savings 90

Logistics Manager

JANUARY 31, 2018

With their new Competence Cluster Automotive, the company can now better offer deep analysis of the automotive industry resulting in definitive solutions for companies across the entire spectrum of supply chain management. Even just one error will disrupt the workflows and may result in considerable extra expense.

Manufacturing Procurement 47

Manufacturing Procurement Logistics Network Optimization Software Optimal Sourcing Logistics 47

Trinity Logistics

OCTOBER 16, 2020

That does not mean one should not continue to improve logistics , but only that one should entertain greener ideas on how to do so. . 2 Centralizing supply networks. Global supply chains involve big supply networks, which need air or ocean transportation. Reducing the carbon footprint of the logistics sector.

Material Savings 62

Material Savings Waste Reduction Cost Reduction Logistics Network Optimization Software 62

GlobalTranz

FEBRUARY 25, 2021

According to the Council of Logistics Management, it is “the process of planning, implementing, and controlling the efficient, cost effective flow of raw materials, in-process inventory, finished goods and related information from the point of consumption to the point of origin for the purpose of recapturing value or proper disposal.

Reverse logistics 84

Reverse logistics Inventory Reduction Cost Reduction Material Savings 84

Transporeon

APRIL 4, 2018

There is no clear scientific definition of how to measure the sustainability of transport. This is based on general principles, definitions, calculation methods, distribution rules, and data recommendations. How does digitization promote sustainable transport? Is sustainable transport measurable at all?

Optimal Sourcing 54

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 54

GlobalTranz

SEPTEMBER 16, 2016

There are several definitions of 3PL. In order to efficiently run a warehouse, the 3PL will invest in the necessary technology and space. In general, warehousing by a third party provider is more cost efficient. With lower risk, you can quickly build a multi-location distribution network. What is 3PL? These include: .

3PL 101

3PL Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software 101

AIMMS

APRIL 6, 2022

The organization’s network of 4,000+ volunteer pilots donate their aircraft, piloting skills, and all flying costs to help families receive vital treatment that might otherwise be inaccessible because of financial, medical, or geographic limitations. Definitely time savings, especially during the summer months.

Optimization Software 118

Optimization Software AIMMS Modeling Software Optimization Modeling 118

Transporeon

APRIL 3, 2018

There is no clear scientific definition of how to measure the sustainability of transport. This is based on general principles, definitions, calculation methods, distribution rules, and data recommendations. How does digitization promote sustainable transport? Is sustainable transport measurable at all?

Optimal Sourcing 48

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 48

ShipLilly

OCTOBER 14, 2020

One of the key components of a distribution network for any business is its strategic use of order fulfillment facilities. The most basic definition of a distribution center is any waystation that allows for products to be redistributed. How to Choose Between a Distribution Center and Fulfillment Center.

Distribution 98

Distribution Supply Chains Picking Ordering 98

SYSPRO Smarter ERP

NOVEMBER 8, 2021

But for that special class of disruption, the low-probability, high-impact events like natural disasters, epidemics and other upheavals, organizations don’t know how to mitigate the risk and successfully manage their supply chains, and are now trying to find their way through the minefield of issues and challenges with no clear solution.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 116

Turvo

JANUARY 12, 2021

Take a moment to think about the definition of digital transformation in logistics. That eliminates uncertainty, increases full network inventory visibility, promotes route optimization accuracy, and much more. Learn How to Turvo-Charge the Customer Experience With Lineage Link and Turvo at Your Side.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Webinar Supply Chains 52

Logistics Business Magazine

APRIL 23, 2021

Companies were left scrambling, trying to figure out how to meet this heightened demand, keep their employees safe, and continue to operate without their usual supply chain networks. Suddenly, overnight the how and where of manufacturing and distribution changed. Every link in the supply chain needed a makeover.

Supply Chain Software 65

Supply Chain Software Manufacturing Procurement Automation Supply Chain Design Software 65

GlobalTranz

MAY 20, 2015

Editor’s Note: This is the first in a three-part series on Supplier Quality Management processes and how to evaluate your suppliers from Chuck Intrieri of The Lean Supply Chain. Therefore, it is paramount for you as a logistics and supply chain professional to have a keen sense of how to properly evaluate a supplier.

Procurement Analytics 99

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

AIMMS

MARCH 8, 2016

Strong capabilities in supply chain planning and network design. Clarity of supply chain strategy and a clear definition of supply chain excellence. How to modify the overall product assortment for each category? How to best cater to continuously changing customer preferences? A more efficient use of trade funding.

Optimal Sourcing 69

Optimal Sourcing Sourcing Strategies Cost Reduction Inventory Reduction 69

Trinity Logistics

MAY 24, 2024

Unfortunately, the definition of “secured lot” is wide-ranging and debatable. How to Be Proactive and Prevent Cargo Theft and Fraud Trust, But Verify Whether dealing with a shipper company or carrier, thorough verification is needed. For shippers requests, use sources like ZoomInfo , LinkedIn, and Google.

Cargo 80

Cargo Digital Sourcing Strategies Resource Reduction 80

GlobalTranz

JULY 31, 2018

Better Adoption of Blockchain Will Propagate Growth of Blockchain Supply Chain Applications Since supply chains are networks by definition, the adoption of blockchain supply chain applications will require a greater interest in such systems by your competitors and supply chain partners. GET YOUR FREE WHITE PAPER. DOWNLOAD WHITE PAPER.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 48

GlobalTranz

MARCH 19, 2018

However, there is an opportunity for shippers, with guidance and more knowledge, to unlock savings and efficiency through use of full truckload shipping. Different definitions may exist, depending on the carrier used and type of the shipment, including the following: Dry Van. How to procure a full truckload. Partial Truckload.

Optimal Sourcing 64

Optimal Sourcing Cost Reduction Resource Reduction Procurement 64

AIMMS

MARCH 8, 2016

Strong capabilities in supply chain planning and network design. Clarity of supply chain strategy and a clear definition of supply chain excellence. How to modify the overall product assortment for each category? How to best cater to continuously changing customer preferences? A more efficient use of trade funding.

Cost Reduction 62

Cost Reduction Inventory Reduction Price Reduction Sourcing Strategies 62

Bringg

DECEMBER 27, 2017

This radical shift in customer behavior and expectations regarding deliveries means that many organizations will have to remake their entire supply chain in order to become more agile, and remain competitive in a world where an optimized, lean and efficient logistical infrastructure is at the core of a successful customer-centric business.

Optimal Sourcing 48

Optimal Sourcing Sourcing Strategies Logistics Network Optimization Software Supply Chain Software 48

GlobalTranz

APRIL 14, 2016

Gartner defines the IoT as “…the network of dedicated physical objects (things) that contain embedded technology to sense or interact with their internal state or external environment. Perhaps that is coming. What is the IoT? In short, the Internet of Things is, well, all of the things connected to and by the Internet.

Supply Chain Design Software 57

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

AIMMS

SEPTEMBER 25, 2019

The organization’s network of 4,000+ volunteer pilots donate their aircraft, piloting skills, and all flying costs to help families receive vital treatment that might otherwise be inaccessible because of financial, medical, or geographic limitations. Definitely time savings, especially during the summer months.

Optimization Software 62

Optimization Software Optimization Modeling Optimization AIMMS 62

Ship Monk

JANUARY 20, 2023

So, how do you determine what the unit count for the reorder point should be? Click here to discover how to calculate reorder points, and related sums like “demand during lead time” and “safety stock” on our 3PL blog. Unlike retail shelves, which take competition into account, warehouse shelves are organized strictly for efficiency.

eCommerce 52

eCommerce Inventory Reduction Material Savings Manufacturing Procurement 52

Conger

MAY 6, 2019

To put it in terms of how Toyota’s Lean Management journey is furthered through the Toyota dealer network: “The objective of the Toyota Lean Management journey with our participating dealers is to enhance the culture and tools made globally famous by the Toyota Production System in our customer facing channels.

Waste Reduction 59

Waste Reduction Inventory Reduction Material Savings Sourcing Strategies 59

Ship Monk

MAY 23, 2023

You must have a plan for the critical component that comes after that, which is efficiently and consistently getting your products out the door to customers. You also have to consider reorder points and supply chain timeframes, for example how long it takes to restock from a manufacturer. That’s where a fulfillment center comes in.

Inventory Reduction 52

Inventory Reduction eCommerce Supply Chain Planning Software Cost Reduction 52

AIMMS

JULY 10, 2018

The organization’s network of 2,000+ volunteer pilots donate their aircraft, piloting skills, and all flying costs to help families receive vital treatment that might otherwise be inaccessible because of financial, medical, or geographic limitations. Definitely time savings, especially when we’re so busy this time of year.

Optimization Software 59

Optimization Software AIMMS Optimization Supply Chain Planning Software 59

Ship Monk

SEPTEMBER 6, 2023

By understanding those factors, and how to increase AOV, you can get your business to a profitable enough place to offer free shipping without taking a hard financial hit. But you can definitely find a happy medium with certain expedited options like 2-Day shipping.

Inventory Reduction 52

Inventory Reduction Cost Reduction Expense Reduction Price Reduction 52

GlobalTranz

AUGUST 9, 2016

Focusing on unit costs, or carrier rates, will only result in creating instability in the transportation network. Sustained cost reduction is not realized through infrequent transportation network designs and carrier RFQ’s. Chief among the fuel efficiency recommendations for drivers is to reduce highway speeds.

Waste Reduction 53

Waste Reduction Cost Reduction Inventory Reduction Price Reduction 53

AIMMS

JULY 10, 2018

The organization’s network of 2,000+ volunteer pilots donate their aircraft, piloting skills, and all flying costs to help families receive vital treatment that might otherwise be inaccessible because of financial, medical, or geographic limitations. Definitely time savings, especially when we’re so busy this time of year.

Optimization Software 54

Optimization Software AIMMS Optimization Meeting 54