Logistics Business Magazine

JULY 1, 2022

Over the past two years, many things have changed fundamentally in the industry, including purchasing and consumer behaviour. Having in-depth conversations was an obvious outcome of the events of the last two or so years, where many parameters have undergone fundamental changes where there is no going back.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Software Optimization Software Modeling Software 60

EazyStock

JULY 22, 2021

But first – let’s get a definition: What is inventory demand forecasting? Below is an example of the different demand factors that can impact or inflate your normal base demand. For example, in the growth phase, the trend in demand will be upwards, while in the decline phase, the trend will reverse. Inventory Demand Trends.

Inventory Reduction 105

Inventory Reduction Inventory Optimization Software Procurement Solutions 105

Logistics Business Magazine

JUNE 13, 2022

Over the past two years, many things have changed fundamentally in the industry, including purchasing and consumer behaviour. Having in-depth conversations was an obvious outcome of the events of the last two or so years, where many parameters have undergone fundamental changes where there is no going back.

Supply Chain Planning Software 61

Supply Chain Planning Software Supply Chain Software Modeling Software Procurement Solutions 61

EazyStock

OCTOBER 20, 2020

Firstly, let’s get a few definitions: What is inventory control? Qualitative factors: Add any qualitative forecasting factors into your data, such as sales promotions, competitor activity or external market events. You can only optimize stock levels when you have informed inventory purchasing practices. Know your star products!

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

GlobalTranz

FEBRUARY 25, 2021

Remanufacturing and refurbishing activities also may be included in the definition of reverse logistics.”. For example, the reverse logistics process includes the management and the sale of surplus as well as returned equipment and machines from the hardware leasing business.

Reverse logistics 84

Reverse logistics Inventory Reduction Cost Reduction Material Savings 84

Logistics Bureau

AUGUST 7, 2023

3 Steps to Improved Reverse Logistics Three of the most critical tasks in managing returned inventory are determining which products should, or should not, be accepted as returns, calculating the cost of returns, and establishing a definitive course of action based on the condition of each item and the policies that apply to it.

Inventory Reduction 89

Inventory Reduction eCommerce Inventory Procurement Solutions 89

Locus

MARCH 27, 2024

Instead of every order piling onto the delivery system, customers become willing participants in the logistics chain, picking up their purchases at their convenience. Take XYZ Retail for example, juggling 100 diverse orders ranging from on-demand to next-day deliveries. Read Also: The Definitive Guide to Logistics Route Optimization 4.

Cost Reduction 52

Cost Reduction Inventory Reduction Expense Reduction Resource Reduction 52

Camelot 3PL Software

JANUARY 14, 2021

But it is possible to reposition inventory to better respond to such events. According to a report by the Geneva-based International Federation of Red Cross and Red Crescent Societies (IFRC), global warming is not a direct cause of droughts or hurricanes, but it increases the frequency and exacerbates the risks of such events.

Inventory 52

Inventory Supply Chain Planning Software How To Procurement Analytics 52

Ship Monk

NOVEMBER 14, 2022

For others, they’re signs of elevated stress levels, which can definitely lead to eating way too many cookies. We typically make the same kind of purchases throughout the year, but when the holidays roll around, it becomes a different story. We not only increase the frequency of our purchases but also the diversity.

eCommerce 52

eCommerce Material Savings Inventory Reduction Cost Reduction 52

Logistics Bureau

NOVEMBER 14, 2018

How procurement handles itself and its activities set the tone for all the events that follow, right up to the final delivery of goods and services to the end-customer. For example, how would you deal with the following situations in procurement? Read on for more about these examples in the text that follows.

Procurement Analytics 75

Procurement Analytics Optimal Sourcing Procurement Solutions Procurement 75

Bringg

DECEMBER 27, 2017

On the other hand, customers are always aware of the status of their purchase and have the ability to interact with their driver directly if need be. Customers are increasingly demanding and worried about the supply chain behind their purchases. But transparency can go far beyond efficiency, comfort and value.

Optimal Sourcing 48

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

Talking Logistics

FEBRUARY 20, 2018

If you’ve ever purchased a transportation management system (TMS) for your organization – or any enterprise software – you know that the term “software as a service” (SaaS) gets thrown around a lot. Another example is a customer web service API for quotes. Dig Deep When It Comes to Data, Security and Integration.

Modeling Software 61

Modeling Software Logistics Network Optimization Software Modeling Data 61

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. Cost of quality.

Procurement Analytics 99

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

247 Customs Broker

SEPTEMBER 21, 2018

In just two weeks between the end of August and the start of September, three notable events took place to discuss the involvement of Asia-Pacific countries in Africa. Today, it is the number-one smartphone company in Africa and makes at least three out of every ten phones purchased by Africans. of China’s overall FDI.

Government 28

Government Conference Procurement Solutions Logistics Network Optimization Software 28

247 Customs Broker

MAY 8, 2018

A good example of this is provided by companies that take on piece-meal internal digitization approaches,” says Buchman “While these may help individual departments or countries improve operations, the user experience still remains fragmented.”. I’ll add that some of the forwarders are at fault, too,” she says. “A

Freight forwarding 28

Freight forwarding Supply Chain Planning Software Freight Sourcing Strategies 28

Logistics Viewpoints

MARCH 4, 2021

Maintaining all past and future promotional events in a database. Accurate and timely reconciliation of purchase orders with receipts. Maintaining outlier events that have influenced demand patterns or supply availability . Modeling the impact of weather events. Having accurate stock-out data.

Supply Chain Planning Software 157

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 157

Conger

JULY 20, 2020

Usually, the company offering the course will give you a login, where you can see all the different classes and resources included with your purchase. You’ll have to get re-evaluated, even if it’s within 3 years of your last evaluation, if one of the following events happens: You are involved in an accident or near-miss incident.

How To 63

How To Buyer Training Training Course 63

IoT World Today

MARCH 27, 2020

In order to build a correct demand plan, one-off events have to be identified and accounted for,” wrote Ralf W. Tire companies, for example, now use sensor data to monitor tire pressure and proactively alert customers about maintenance. The good news about that is these were changes they were going to have to make in any event.”.

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Procurement Analytics 145

247 Customs Broker

MARCH 14, 2018

In the event, the postal service as well as private parcel carriers managed to deliver the Christmas surge. A lesser challenge has been the rise in online purchases of larger items like mattresses and snow blowers. For example, if the vendor uses Shopify, there are opportunities for us to connect with that,” he says.

Vendor Strategies 28

Vendor Strategies Cost Reduction Inventory Reduction Modeling Software 28

Logistics Bureau

JUNE 5, 2023

If you can’t see any apparent opportunities, ask yourself if it’s possible to create some, for example, by splitting the workload into shifts , enabling your vehicles to operate around the clock and reducing the time they spend parked up. Low tyre pressure reduces fuel economy by around 0.2%

Cost Reduction 73

Cost Reduction Purchasing Skills Price Reduction Waste Reduction 73

Ship Monk

JANUARY 20, 2023

A manufacturer purchases steel from a supplier and turns it into tiny gears to make watches. Wholesalers and retailers exist for this very reason, so that buyers can purchase finished goods in various quantities. To the supplier, the steel is merchandise inventory (a.k.a. finished goods). There are three main MOQ types: 1.)

eCommerce 52

eCommerce Inventory Reduction Material Savings Manufacturing Procurement 52

GlobalTranz

SEPTEMBER 7, 2017

Today supply chains stretch around the globe, and few supply chain can exist within a single country without selling or purchasing products or raw materials from other countries. If the responsible party does not accept liability , should damage or another event occur that could result in the filing of a claim.

Freight 82

Freight Cost Reduction Purchasing Skills Expense Reduction 82

ShipLilly

MARCH 20, 2023

For example, data from the Institute for Supply Management showed that commodity shortfalls in some product categories (e.g., For instance, they use spot rates nearly in real-time while describing a projection level based on definitive aggregate indices collected monthly but being reported 35 days after the pertinent period.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 52

Transporeon

MARCH 22, 2018

In the example, the lanes 1 and 2 would be 100% awarded to "Carrier B." In our simple example, this step could have been done manually. However, the example clearly shows that the calculation of an allocation scenario without considering capacities may lead to impractical results.

Optimal Sourcing 48

Optimal Sourcing Negotiating Skills Purchasing Skills Negotiate Pricing 48

ShipLilly

AUGUST 19, 2021

The basic definition of cargo insurance is, a pool of risks to cover individual liabilities when an incident occurs during the management of cargo that subsequently leads to losses. For example, most carriers typically provide basic insurance but it is limited and virtually useless in the most serious incidents. All Risk Coverage.

Cargo 52

Cargo Packaging Purchasing Skills Cost Reduction 52

GlobalTranz

MAY 23, 2016

In the event of an accident, an international shipment’s value could be lost without an appropriate standard of coverage, leaving the shipper to pay the full cost. For example, an insurance claim may require original Bills of Lading, notices of declination of coverage for specific shipments and more for the claim to be paid properly.

Cost Reduction 54

Cost Reduction Inventory Reduction Freight Purchasing Skills 54

Ship Monk

JUNE 30, 2023

Let’s start with some definitions. Non-compliance Events and Incidents: The number of days or hours lost due to injuries or non-compliance issues. Customer Acquisition Cost (CAC): Total marketing spend, divided by the number of new customers who made a purchase within a given timeframe.

eCommerce 52

eCommerce Inventory Reduction Manufacturing Procurement Procurement Analytics 52

GlobalTranz

AUGUST 9, 2016

Perform Transportation Daily Event Management. Cost savings result from disciplined, daily event management and hour-to-hour focus on waste identification and reduction. What good is all of this important transportation Lean theory, without some practical, Lean Transportation examples?

Waste Reduction 53

Waste Reduction Cost Reduction Inventory Reduction Price Reduction 53

Freightos

MAY 31, 2022

I can walk into a local shop and purchase products from all around the globe. This isn’t just about consumerism; it’s inspiring to think that in purchasing an imported product, we are, in a tiny way, helping provide employment for people across our planet, often in developing countries. I started Freightos a decade ago, in 2012.

Purchasing Skills 62

Purchasing Skills Supply Chain Planning Software Manufacturing Procurement Logistics Network Optimization Software 62

Infosys Supply Chain Management

OCTOBER 18, 2012

News & Events. |. Assume a scenario where our loyal Customer "Louise" is entering such a Large Super Centre for her weekly purchases. While for a large format retail Super-center it definitely does sound like one. Payments Treasury. Wealth Management. View all Infosys blogs. Supply Chain Management. Offerings. |.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Software Supply Chains Manufacturing Procurement 28

Automotive Logistics

AUGUST 14, 2018

One example is the port of Los Angeles, which has worked with GE Transportation and last year introduced a cloud-based port optimiser that provides real-time information on cargo through a single portal that is made available to all the partners involved in the processing of it. Take service parts as an example. Rail headaches.

Supply Chain Planning Software 39

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Design Software Modeling Software 39

Automotive Logistics

MAY 2, 2019

Adaptable trailers – for example, those that can be turned from car-carriers into flatbeds suitable for more general cargo – provide the flexibility to find non-automotive backloads, reducing the longstanding problem of empty running (see interview with Bill Pawluk below). What if it’s just other [wheeled] freight?”

Price Reduction 28

Price Reduction Cost Reduction Waste Reduction Resource Reduction 28